5-bar-reversal

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Re: 5-bar-reversal

Postby ahmedalhosenyy » Wed Jan 11, 2023 4:08 pm

Hello ,
I found another version of the indicator there are shift in signal " 5 bars "

Which one is the right indicator

Attached the two indicators
Thanks in advance
Attachments
5 bar reversal v1[real][1].5.mq4
(2.93 KiB) Downloaded 20 times
5 bar reversal v0[1][1].5.mq4
(2.78 KiB) Downloaded 15 times
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Re: 5-bar-reversal

Postby Apprentice » Thu Jan 12, 2023 4:25 am

The one, that gives you better signals.
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Re: 5-bar-reversal

Postby ahmedalhosenyy » Thu Jan 12, 2023 2:44 pm

Apprentice wrote:The one, that gives you better signals.

You are right
Kindly may you change the LUA indicator code to match "5 bar reversal v1[real][1].5.mq4"

Thanks inadvance
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Re: 5-bar-reversal

Postby Apprentice » Sun Jan 15, 2023 4:44 am

We have added your request to the development list.
Development reference 44.
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Re: 5-bar-reversal

Postby Apprentice » Tue Jan 17, 2023 11:16 am

1.png

2.png

Try it now.
The main difference between the two implementations,
the period used in calculation is greater for 1.

I have intentionally shifted signals X bars back,
on the actual candle, based on which signal is given.
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Re: 5-bar-reversal

Postby ahmedalhosenyy » Tue Jan 17, 2023 2:47 pm

Many Thanks
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Re: 5-bar-reversal

Postby ahmedalhosenyy » Wed Jan 18, 2023 2:50 pm

Hello ,

The problem is the indicator gives its signals after it moves by 5 bars " it gives a delayed signal "

the new version still give the delayed signal.


Note : May you approve posts a little faster it takes days and a forgot where and what i posted

if the approval step is mandatory could you add an option allow us to see our pending posts , it will be handy
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Re: 5-bar-reversal

Postby Apprentice » Fri Jan 20, 2023 11:41 am

It is what it is,
signals are delayed for X periods.
You can try to use different parameters.
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