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Breakout/Reversal Indicator-Accurate


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Hello friends this is checkmail and while trading am facing some fancy losses, due to no breakout or reversal indicator.

 

Wait am not telling that am not using any breakout or reversal indicator, but even have tried with ema and diff trend lines but am unable to point out the breakout or reversal of the trend correctly.

 

What i mean is at a certain moment signal given by any indicator for breakout or reversal, the trend doesn't follow it but keep going on and makes losses more.

 

So friends do we have any accurate or nearly perfect breakout/reversals indicator to pin-point the tops and bottoms accurately or nearly accurate.

 

Please share here such indicators, or different settings of avail indicators, or even an EA that could inform us about the turning point in the trend.

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Hello friends ... unable to point out the breakout or reversal of the trend correctly.... So friends do we have any accurate or nearly perfect breakout/reversals indicator to pin-point the tops and bottoms accurately or nearly accurate.

 

No, checkmail, there is no such indicator. A fractal will tell you there has been a reversal but that will be three bars later. If the move continues then you can say that it told you correctly.

 

You can look for a pinbar at the end of a trend. That sometimes works.

 

In general trading is a gamble. You trade the reversal and hope for the best. Have a SL a reasonable way away in case it turns against you.

 

Just my jaundiced view.

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The ADX_Cross Indicator is very close to perfect.

It does not repaint.

Here is one which has Alerts ( sound + e-mail )

http://bit.ly/b7NOmv

For the screenshot I chose ADXBars=8 (on TF M15 )

You can play around with the setting to get more or less signals.

http://b.imagehost.org/0779/ADX_Cross.jpg

 

Thanks very much. I was hoping to find this indicator with Alert. One of the very best IMO!

 

Your download site was a bit tempermental. Here it is Mirrored:

 

http://www.mediafire.com/?5b0he2e0dcw2q34

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Thanks very much. I was hoping to find this indicator with Alert. One of the very best IMO!

 

Your download site was a bit tempermental. Here it is Mirrored:

 

http://www.mediafire.com/?5b0he2e0dcw2q34

 

Hello diesel this is checkmail and have checked the adx wilder version, its in the requested indicators section.its code is a bit different from adxcross.Check on it for me.:):):)

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The ADX-cross does not repaint.

Once the dot is painted, it stays forever.

 

What indicator are you referring to ?

And what is your definition of "repainting" ?

 

ADX_cross_alert_Mrpip

 

I have seen it for example printing a dot on a bullish candle; candle closes but then next candle is a bearish candle and the dot vanishes

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ADX_cross_alert_Mrpip

 

I have seen it for example printing a dot on a bullish candle; candle closes but then next candle is a bearish candle and the dot vanishes

 

1. The dot is not painted on the active candle but on the previous candle as soon as the conditions for the dot

are met ( ADX crosses ).

----> a dot is painted somewhere between the open and close of the active candle.

 

2. I have never seen a dot disappear, neither in visual backtest in strategy tester on M1 M5 or higher - nor in live-trading.

If you have seen it, well - what can we do ?

 

At least we could say that it cannot happen often.

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I'm sorry but I'm seeing dots appear and disappear...

On what timeframe ?

 

I am sorry too because I have not only backtested for hours but traded many hours live ....

and never ever a painted dot disappeared.

 

We seem to have different Mt4s or using a different indicator.

Makes no sense to go back and forth.

 

On your platform the dots disappear , on mine never.

That´s life I guess.

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I haven't seen any dots disappear. The only way the dot disappears is if you change time frames and then back to the original frame. Then sometimes it disappears.

 

However, as fxeasy5 mentioned the signals can sometimes happen midbar and puts the dot on the previous bar. So you shouldn't assume you can enter on the opening of the bar after the dot. This may not seem like a big distinction but can make a big difference in the positions.

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  • 1 month later...
i've tried ADX (mrpips) indi and although it does not repaint, as when dots are there they stay, it does however very delayed in painting the dots. i've just witnessed it paint it's dots after 2 full bars had closed (15m TF), after that the price reversed. It's done this several times today so i've binned it, as by the time it indicates the price is well gone and ready to reverse.
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Hello diesel this is checkmail and have checked the adx wilder version, its in the requested indicators section.its code is a bit different from adxcross.Check on it for me.:):):)

 

sorry checkmail has not read this one earlier.

 

anyway as adx wilder version you can search for DMI at forex-tsd.com but however there is no crossover version.

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  • 6 months later...
  • 2 weeks later...
I found the non repainting ADX indicator on this thread:

 

http://www.forex-tsd.com/suggestions-trading-systems/16304-e-standard-trading-system.html

 

And uploaded it here:

 

http://www.multiupload.com/ZROYLV1T0G

 

pipburglar

 

Please reupload these indicators,links are dead!

 

I used the megaupload site and the link there is still good....Enjoy. Hell let me just give it to you....right?

http://www.megaupload.com/?d=5AG2UC2Q

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