This simple indicator gives you a lot of useful information - when to enter, when to exit and how to reduce risks by entering a trade on a double confirmed signal. You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
Hi HPotter,
First of all thanks for the strategy, it is really nice and useful.
I wanted to ask you if you have the same issue I'm having: I sometimes get double alerts on different candles. So, for example, if I entered short, maybe after a candle or two the wave would again "touch" the trend line and consider itself as a crossing down, triggering a second alert.
Is there any way to avoid this?
Thanks!
HPotter
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@gxyzod, It may be problem to work realtime. If you try to set xPrice = close[1] it can be fix it.
gxyzod
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@HPotter, so on the closure of the previous candle basically as a confirmation, correct? Thanks!
gxyzod
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I also tried adding a pyramid counter, as to keep it at one and avoid the double signal (I'm good at its first guess). But still, it ignores the counter and insists on sending the alert :)
aniekan.edoho
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what is the name of this indicator
jeremyhn
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its a great indicator but unfortunately it repaints, is there another version that's not repainting ??
HPotter
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@jeremyhn, for fix it change xPrice = close to xPrice = close{1}
jeremyhn
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@HPotter, thanks for responding, i already done that and saved it but i couldn't add it to chart somehow, any suggestion ??
First of all thanks for the strategy, it is really nice and useful.
I wanted to ask you if you have the same issue I'm having: I sometimes get double alerts on different candles. So, for example, if I entered short, maybe after a candle or two the wave would again "touch" the trend line and consider itself as a crossing down, triggering a second alert.
Is there any way to avoid this?
Thanks!