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    Custom Indicator Trade Entry

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    • abarrett69
      abarrett69 last edited by

      Hi, I am struggling getting to signal a custom indicator. I use the Schaff Trend cycle nrp and I want it to signal when the colour changes to red or green.0_1585656744223_Snip 2020-03-31 13.12.00.png 0_1585656803604_Schaff Trend Cycle nrp.mq4
      0_1585656886357_Snip 2020-03-31 13.14.23.png

      It's on my chart but how to get it to trade on colour change? I also want to avoid it trading if it doesn't hit both extremes, so no trading if colour changes mid way. I also want to use the Fish indicator which doesn't appear at but I'd like to solve this first. Any ideas? Main goal is to use MA's which I get now and use confluence with "custom Indicators" Thanks.

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      • Fabien S
        Fabien S last edited by

        hey to start with schaff trend cycle is a repainting indicator using it for live trading is suboptimal, change "what to get to " value by Candle id. For the colour change its best to use indicator appear block. Beside this instead of equal use =>

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        • X
          Xfire @abarrett69 last edited by Xfire

          @abarrett69 at the first you should check indicator buffers.

          some indicator buffers cant show you any number when that is hidden.
          you should be using "Indicator is visible" blocks for know which colour is showing on the chart.

          and you should check indicator in backtesting for know that is repainting indicator or not. if is repainting then you should be using ID 1 or 2

          IN GOD WE TRUST

          Fabien S 1 Reply Last reply Reply Quote 0
          • Fabien S
            Fabien S @Xfire last edited by

            @xfire there is a difference between recalculation or repainting. Recalculation ca be stopped using id 1, Repainting not lets take zig zag indicator for example. You will see it will drag the high tops across the chart and id 1 isnt helping this

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            • abarrett69
              abarrett69 last edited by

              @Fabien-S @Xfire Thanks for the replies. This Schaff Trend is non repainting and I have been using it successfully live. I know others do repaint. The Fish I use is also a non repainter so I am happy with that. I'll take you advice and see how it goes, thanks!

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              • X
                Xfire @abarrett69 last edited by Xfire

                @abarrett69 I checked that indicator. you have 3 buffer but you just should be using buffer 2 .
                and you should be using "Indicator is visible"

                you cant using a value for check indicator

                IN GOD WE TRUST

                abarrett69 1 Reply Last reply Reply Quote 1
                • abarrett69
                  abarrett69 @Xfire last edited by

                  @xfire Thanks Xfire! I will have another go, appreciated!

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