Looking For Accurate Trendline/Trend Zone Indicator That My EA Can Measure
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@cpxiom Okay thanks lmk if you find out about fixing the buffer 4 and 5!
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look on the web
https://www.mql5.com/en/market/product/28856
it's free, only put in the indicators folder after download
works with buffers
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@ambrogio Big thanks... Personally I can't download from market on mac, only from codebase. But good for the thread.
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@cpxiom where is the problem?
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@ambrogio
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@cpxiom I figured out how to have the bot read up trend and down trend my only problem now is with the indicator itself, the SHI Indicator that is, how do I set it where it switches trends less often, for example there will be a uptrend forming and it will see that and will put trend lines around it, but when that trend has a spike upwards it readjusts to a farther back trend and will form a different trendline when the other one is still trending up. Have you found a way around this, currently you can see what im talking about if you back test from 04-09-19 to 04-16-19 on the H4 time frame with it.
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@laneciar Hello, yes the upper or lower trend line, readjust... That's the way the indicator is built. The indicator follows what the price says. Not the other way around
But that line can be used for take profit, I would say, if you don't use something else... and if it is the case that it is an entry, then that will be a loss. It's not perfect. (Maybe combine with other confirmation) But with a good win ratio, and good R:R and good money management, maybe it can be profitable.PS: How do you read the upper line and lower line?
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@cpxiom Mind if we talk either through discord or messaging through the website, replying on a forum post seems more tedious and Ill explain better through a PM?
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@laneciar no pb. I wrote to you in chat.