Excellent Indicator! ( but does it repaint???)

[Diesel 10]

Here is quite an excellent indicator XB4d ! I put it on a one minute chart and did not notice any repaint after the bar closed. I did notice if I changed the time period to 5m and then back to 1m, it did change... I imagine the same thing would happen it you restarted the Metatrader.

 

Can someone please confirm no repaint if setting aren't changed and Metatrader isn't restarted? Here it is:

 

 

http://www.mediafire.com/?abjdl42n3f0r1v1

 

By the way, a work around for indicators that change when time period is changed or Metatrader is restarted is to never change anything on that chart or restart the platform when live trading. This is made easier if you have a 24/7 VPS (which I don't).

Edited January 5, 2011 by Diesel 10

[atilabr]

Hello diesel

 

I tested your indicator m5 and m15, he really does not repaint.

 

I'll add it to my template

 

 

An EA based on this indicator, I think it would give great results.

Edited January 5, 2011 by atilabr

[⭐ lotterp]

Here is quite an excellent indicator XB4d ! I put it on a one minute chart and did not notice any repaint after the bar closed. I did notice if I changed the time period to 5m and then back to 1m, it did change... I imagine the same thing would happen it you restarted the Metatrader.

 

Can someone please confirm no repaint if setting aren't changed and Metatrader isn't restarted? Here it is:

 

 

http://www.mediafire.com/?abjdl42n3f0r1v1

 

By the way, a work around for indicators that change when time period is changed or Metatrader is restarted is to never change anything on that chart or restart the platform when live trading. This is made easier if you have a 24/7 VPS (which I don't).

 

It seems to me if it repaints (it depends on your definition of repaint, I guess) - I may be wrong. Take a look at the image attached. I have simulated (backtested) the indicator on the Metatrader's Strategy tester whereafter I have placed another copy of the XB4D on the same chart. One can clearly see that they differ. You must just remember that not all repainting indicators are useless if you use them with other confirming indicators for market entries and exits.

 

http://www.freeimagehosting.net/uploads/f1407b660a.gif

Edited January 5, 2011 by lotterp

[atilabr]

Any programmer could add alerts, would be better with alerts.

[atilabr]

http://img375.imageshack.us/img375/4863/testm1.gif

M1

did the tests and not repaint.

 

Lotterp, use shift 1, in their tests.

Edited January 5, 2011 by atilabr

[atilabr]

http://img688.imageshack.us/img688/4493/testm15.gif

 

M15

 

This indicator is an excellent filter

[cubicrey]

Hi,

xb4d = fx fisher = it could repaint b4 and after candle closed. I'm interested to know how to apply it correctly in our trading. Could anyone shade the lights.

 

and here is the fx fish indicator

http://www.multiupload.com/6ENNRDSNLP

Edited January 5, 2011 by cubicrey

[atilabr]

recommend:

Entry m5, use as a filter m15

use bollinger in m15 as tp/sl

[atilabr]

Hi,

xb4d = fx fisher = it could repaint b4 and after candle closed. I'm interested to know how to apply it correctly in our trading. Could anyone shade the lights.

 

and here is the fx fish indicator

 

fish already tried this some time ago, King of painting this indicator.

[cubicrey]

fish already tried this some time ago, King of painting this indicator.

 

 

Yes u r right, XB4d is much better, it does not repaint drastically as fisher....

[kraven]

the indi has come from the xb forex system........full system

 

http://www.4shared.com/file/z4DQGLLt/XB_Forex_System_V4.html

[SilentTrader]

when you execute the indi for the first time it shows nice signals in history.

 

http://www.forexrainbow.com/files/17tb6mgbdr2zz38ky1kn.gif

 

But reality is different. Beware guys.

 

http://www.forexrainbow.com/files/0uz6zvtjzgcu3pybmc60.gif

[Diesel 10]

when you execute the indi for the first time it shows nice signals in history.

 

http://www.forexrainbow.com/files/17tb6mgbdr2zz38ky1kn.gif

 

But reality is different. Beware guys.

 

http://www.forexrainbow.com/files/0uz6zvtjzgcu3pybmc60.gif

 

Yes Silent Trader, I pointed this out in my very first post. It changes if you flash time frame back and forth or restart the Metatrader. Just don't do either of these and you will get the second of your charts (GOING FORWARD in real time). Not as good as the first chart but still a decent filter...

Edited January 5, 2011 by Diesel 10

[atilabr]

Yes Silent Trader, I pointed this out in my very first post. It changes if you flash time frame back and forth or restart the Metatrader. Just don't do either of these and you will get the second of your charts (GOING FORWARD in real time). Not as good as the first chart but still a decent filter...

 

I did more tests, indicator shows a good historical, more to work with him live have the problems you mention.

[stovedude]

I built an EA for this, and every time the EA calls the indicator, it "refreshes" each time and creates erratic results. It is exactly Fisher without the obvious repainting. It needs a filter, or just maybe the rest of the system programmed in.

[heisamit]

would work great in trending markets, but in a choppy consolidating market the delay in entries can cost a trader dearly...by delay here...I mean ...if we donot refresh the charts and decide to take the entries based on the xb4d indicator...so beware..

However ..its also important to know that no indicator is perfect and can never serve all kinds of market conditions.

[Saivenkat]

So.. all discussion about Xb forex leads to conclusion, better "avoid it";)

[indostasime]

used this one before... re-paint...

[zidainis]

Re-paint...

[hermes]

For the time change and MT restart problems I am thinking if using a fresh template will not solve the problem?

Hermes

[molahduitfx]

thank for xb forex system........full system