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ElabskyVolapresser

stovedude

Active member
Usually an indicator with arrows will repaint the current candle (i.e. the arrow will disappear and reappear when conditions are met). Otherwise, if the arrow stays, the chart will have false signals on the previous closed candles. We can change it to only check the last closed candle, but that usually gives late signals. Probably better to confirm the signal with another method or two. This indicator uses a 1 period MA, so it is very fast, but can also give fast false signals at times.
 

Joy22

Member
Usually an indicator with arrows will repaint the current candle (i.e. the arrow will disappear and reappear when conditions are met). Otherwise, if the arrow stays, the chart will have false signals on the previous closed candles. We can change it to only check the last closed candle, but that usually gives late signals. Probably better to confirm the signal with another method or two. This indicator uses a 1 period MA, so it is very fast, but can also give fast false signals at times.
I thank you for seeing the indicator.

Joy22
 
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