Okay. If the autorefreshing works for you on Renko then I'll build a "Renko" version of PlanetX that executes @transmat's autorefresh code on every new bar. And if @BestTraderEv were to do the same, I would request that we keep Renko and non-Renko ...

PlanetX Indicator - can this indi be used for trading?

I don't test PlanetX against Renko charts. However it simply uses MT4's built-in iMomentum() API. Why wouldn't that work but the one dragged from the Navigator window does? I do add a bit of smoothing using iMAOnArray() -- I wonder if that breaks ...

PlanetX Indicator - can this indi be used for trading?

Yes -- I will post updates in a few hours.

PlanetX Indicator - can this indi be used for trading?

Hello @Brambilla -- thanks so much for your report. I really appreciate it. I will check your videos and think about your results. I'm not sure yet which direction to go with this. The contributions have been amazing and open up possibilities I ...

PlanetX Indicator - can this indi be used for trading?

If you read @BestTraderEv' post above ( url ) then @transmat's autorefresh indicator will probably do what you want, but there may be unintended side-effects. I checked the source code and it switches back and forth between time frames, effectively ...

PlanetX Indicator - can this indi be used for trading?

Sir -- you are amazing!!! I will spend some time today getting familiar with your software -- thank you...

PlanetX Indicator - can this indi be used for trading?

@JauntyLoon -- I think you intended to call me a "drooling idiot". Dribbling is what you do in basketball... @JauntyLoon -- even though you are from UK and English is your native language, perhaps you should consider using Google Translate -- just ...

MetaTrader 4 removes the EA(s) from the chart(s)!

BTW -- does anyone else see the repeating pattern exhibited by the momentum indicator? The interval between transitions is approximately 3-8 bars. I didn't make that up. Others have noticed this, as well. It's not exactly every 3-8 bars, but you get ...

PlanetX Indicator - can this indi be used for trading?

To address this issue of transition markers I've modified the PlanetX indicator to include MT4's built-in Momentum indicator. From the image below you can see that when the yellow momentum line crosses the '0' level this generally aligns with ...

PlanetX Indicator - can this indi be used for trading?

"jaunty" you are not. "loon" is probably more accurate. You might as well paint a sign on your forehead proclaiming you are angry and lonely. You are one of the types who thinks he's clever and funny -- but you're not. You are a time-waster -- both ...

PlanetX Indicator - can this indi be used for trading?

Hold on a moment, let's give them a call. Find a comfortable chair and I'll get back to you as soon as they respond...

PlanetX Indicator - can this indi be used for trading?

Nice post -- all good points. And I want to clarify what I mean by "sweet spot" because you used it differently. Look it -- everything is a trade-off, i.e. a balance. We can not have our cake and eat it too. Indicators are always a balance between ...

PlanetX Indicator - can this indi be used for trading?

I'll be interested to learn your results. However, Renko is a different beast. Bar creation is delayed until a preset bar height is achieved. There are lots of indicators that don't work on Renko charts because bars are not created at specified ...

PlanetX Indicator - can this indi be used for trading?

Continuing my previous post... I'm attaching a modified version of the indicator. v4 differs from v3 in one way -- it uses Open prices instead of Close prices. If you don't mind, could you check whether v4 works better with your Renko charts. file

PlanetX Indicator - can this indi be used for trading?

Hello @Brambilla -- thanks for your post. I find that most interesting that PlanetX might also work on Renko charts. I have a question -- the signals you refer to, are they the blue/purple histogram bars, red/white circles or both? It looks to me ...

PlanetX Indicator - can this indi be used for trading?

For what it is worth, when it comes to EAs here is my observation... Trend-trading strategies can be broken down into the following sub-categories based on the number of bars between transitions: 1. Swing trading -- approximately 3-8 bars 2. ...

PlanetX Indicator - can this indi be used for trading?

Check-out this link -- it may not be an MT4 problem. When the terminal starts the *** INITIAL*** incoming data will be different for a variety reasons. If the EA crashes because of a 'divide by zero' error then MT4 will remove the EA, which it ...

MetaTrader 4 removes the EA(s) from the chart(s)!

As you've noted, the PlanetX indicator really is not much different than most other indicators -- it is not a magic bullet. However, it does appear to be more accurate than other indicators I've used, and if it gets you in and out of a trade a bar ...

PlanetX Indicator - can this indi be used for trading?

Here is the "OnChart" version. You can see from the image below that the transition markers (red/white circles) provide a valuable visual clue, especially when displayed within the context of price bars. image file And @shiva, I know you get the ...

PlanetX Indicator - can this indi be used for trading?

Fair enough. I just now created a new version (v3) that differs from the previous version only in that it exposes the dynamic buffers in the Data Window. I understand you've already figured it out, but since I'm still fiddling with the indicator ...

PlanetX Indicator - can this indi be used for trading?