by Taskryr » Fri Jan 31, 2014 10:06 pm
Can we get a correction or explanation for this indicator. If I have the indicator set to 1 slope and 3 bars, my understanding is that the current period line color should be up if the previous three bars average are up, down if the three previous bars are down, and flat if otherwise.
However, it doesn't seem to function that way or else I am misunderstanding what the slope and bars are actually measuring. I say this because the color of the MA for the previous three periods will repaint their colors depending on future bars. I don't understand why. That is, a green bar on my screen will turn red after a few more bars. This is very frustrating. I can understand if the current bar fluctuates colors, but once a period has ended shouldn't the MA color stop fluctuating? Am I missing something?
It is making my backtesting moot since the real-time line fluctuates colors even after the current bar has ended.