good indicator

[alphine]

Just found good indi from another website ( looks good on 1 hour TF ).

h**p://cOdebase.mql4.com/7444

Any suggestion?

Edited April 8, 2011 by alphine

[manu1713006157]

yeah they are talking too much about this.

 

But how to use this and whats new in It...

[Guest David1713006337]

Just found good indi from another website ( looks good on 1 hour TF ).

h**p://cOdebase.mql4.com/7444

Any sugestion?

 

When posting indicators, put name of indicator in title bar. Also, what kind of suggestions are you inquiring about?

[alphine]

Okay, i will edit my post. I mean that, anyone have experience with this indicator ?

[Diesel 10]

Just found good indi from another website ( looks good on 1 hour TF ).

h**p://cOdebase.mql4.com/7444

Any sugestion?

 

My question is "Does this repaint" (like center of gravity)???

 

If not, it might be very useful.

 

If it does repaint, then I can't rely on it... Please clarify...

[alphine]

Looks like it doesn't repaint, just wait until touch on uper or bottom line. Let's see how this indi work or not.....

[conglo]

If you read the comments on the original Code Base post you will see that it repaints.

 

Indicators like these look great but do not work very well in the long run. CURVE FITTING.

 

Trade long enough with the COG indi or ZZ and you will prove it to yourself.

Edited April 8, 2011 by conglo

[alphine]

Can you post your indi?

[indostasime]

plz post the print screen..

[Danger]

This indicator drakon http://www.inddrakon.narod.ru searching for a current moment in the market history. All similar moments shows in one picture. Builds channel as a graphic of prices. To use indicator, need to save history file from Metatrader4 (EURUSD60.csv) in disc c:\ and open indicator.

http://inddrakon.narod2.ru/Drakon.jpg

Download http://www.inddrakon.narod.ru/inddrakon.exe

[Saivenkat]

Hi DANGER..

I could not understand the exact purpose for which the indicator you shared here is used.. could you come with little more explanation.. Anyway thanks a lot for sharing it.

[annbeea]

This indicator drakon http://www.inddrakon.narod.ru searching for a current moment in the market history. All similar moments shows in one picture. Builds channel as a graphic of prices. To use indicator, need to save history file from Metatrader4 (EURUSD60.csv) in disc c:\ and open indicator.

http://inddrakon.narod2.ru/Drakon.jpg

Download http://www.inddrakon.narod.ru/inddrakon.exe

 

What happen?? cannot understand

[sgsgsg]

Just found good indi from another website ( looks good on 1 hour TF ).

h**p://cOdebase.mql4.com/7444

Any suggestion?

 

Heavy Repainter.

Don't waste time on this.

[ForexMike]

Thanks for sharing this one

[profitmonitor]

Ha - no it's not heavy repainter:)

[sgsgsg]

Golden words are not repeated.Do Some back testing

[Marchello]

Repainting indicators are great for 'newbies' as it might teach them NOT to take an immediate trade and allow them to sit comfortably 'till it becomes good signal..

 

Of coarse.. that is where 'screen time ' comes in .. and might make them study when the signal becomes good.. with added 'relevant' data and leading indicators or Price Action .. etc ..

 

MHO for just a 'theorem'

 

:)

 

Good trading wishes

Edited August 1, 2011 by Marchello

[bnbb2004]

Could someone please tell me what this means? I got this error message after putting it on my chart (in the experts log).

 

2011.08.01 20:37:35 b_Regression_Analysis EURCAD,H4: negative argument for MathSqrt function

Edited August 3, 2011 by bnbb2004