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Suggestion No Repaint TJ-Shart indicator

garded

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Hi, thought I would share this indicator based on rsi and ma.
It does not repaint after arrow shows but recalculate if you re attach to the chart.
Because it does not repaint there is some bad signals, so try to use it with other indicators also.

Can use on every TF but seems too be easier to take pips on higher TF and even Renko.
Hope that some can make good use of it :)
 

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Thanks how do you have to use it ? Can you upload a picture with entry and take profit.

Hi Jan
This indicator looks perfect if I load it to a chart and take a picture, but this is not correct when u run it in live market.
It is based on both rsi and cross of ma so it will give a more accurat signal than either of them standing alone.
But like i said dont use it alone but maybe as a confirmation with another system to confirm a stronger signal.

Look at price action also. As for sl and tp i like to use last swing highs and lows.

Have a nice day :)
 
Thanks for sharing!
Hi, thought I would share this indicator based on rsi and ma.
It does not repaint after arrow shows but recalculate if you re attach to the chart.
Because it does not repaint there is some bad signals, so try to use it with other indicators also.

Can use on every TF but seems too be easier to take pips on higher TF and even Renko.
Hope that some can make good use of it :)
 
Hi, thought I would share this indicator based on rsi and ma.
It does not repaint after arrow shows but recalculate if you re attach to the chart.
Because it does not repaint there is some bad signals, so try to use it with other indicators also.

Can use on every TF but seems too be easier to take pips on higher TF and even Renko.
Hope that some can make good use of it :)

Hi Garded. Thanks for sharing. Looks nice. Do you have mq4 file?
 
Hi, thought I would share this indicator based on rsi and ma.
It does not repaint after arrow shows but recalculate if you re attach to the chart.
Because it does not repaint there is some bad signals, so try to use it with other indicators also.

Can use on every TF but seems too be easier to take pips on higher TF and even Renko.
Hope that some can make good use of it :)
Thanks for sharing
 
Thankyou too for sharing
might will useful for many trader that still using indicator as help tool
but I am still lazy if using indicator and prefer with chart naked still
 
thanks for the indicator
and I test it with my MT4

and we find it is not good for me, but I don't know about other people

as you can see on the attach photo for this indicator

thanks and good luck.
 

Attachments

  • Screen Shot 2017-08-05 at 6.45.44 PM.png
    Screen Shot 2017-08-05 at 6.45.44 PM.png
    107.1 KB · Views: 785
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