Hello, thanks you very much for the indicator, could you please advise setting for higher timeframe ? i mean higher timeframe work but maybe setting are not the same as 5min chart
all the best
Why signal BUY (text) and signal LONG(from strategy) always delay one candle? How to fix it, mean both at the same candle
pabloses
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@Bodedo, because when BUY appears you need to wait for candle close and then open a position.
guyver27
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Hi sir, i am very new to forex, your indicator help a lot, do you have this indicator in MT4 sir?
DonovanWall
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That's a nice equity curve. Glad to see my Range Filter is being put to good use!
Gunslinger2005
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@DonovanWall, but it isnt. I have run this strategy myself. and the results are not even profitable. they do not even begin to touch possible profits unless 15 minute chart and even then its too tight. so what gives?
DonovanWall
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@Gunslinger2005, I only saw it at a glance and didn't test this. Just looked at the curve on the publish. However, there are numerous ways to configure the RF, just like anything else. Different configurations yield different results on different charts.
I didn't design this strategy though. In fact, the person who designed this is using an old version of my Range filter. lol.
Also, for clarification in case anyone is wondering:
I don't know who initially thought the Range Filter was a tool that should just be used on 5m charts, but it's simply not true.
RF is a price action indicator designed to filter noise by reducing sample rate. It's not a conventional time based indicator, and it can be used on all timeframes.
blackcat1402
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@DonovanWall, thanks for sharing this info, rf is a very good tool.
all the best