HLC3/Kaufman Strategy
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This is an upgrade of the old Heikin/Kaufman Strategy. This script DONT use Heikin value anymore, so I hope no more repaint. Try it and let me know. Use an ADX indicator can help to check the strenght of the trend.
Note di rilascio:
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iacocca
Hi. I think heikin ashi was not responsible for repainting. It is because high time frame hcl3 price in my opinion. Have you considered re-writing this script in pinescript version3 ? "barmerge.lookahead_off" might be useful for repainting issue.
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zekils
Another problem spotted: the entry is pointed at the candle open price. It makes more sense to point it at the close price. How would I fix this?
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apurva1s2000
bfma = ema(bmha_close,1), which value of bmha_close are you evaluating here ?
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apurva1s2000
what does ema(bmha_close,1) mean above. You are calculating exponential moving average of previous 1 day value of bmha_close ?
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MarcoValente
apurva1s2000
@apurva1s2000, bfma it is just the hlc3 of the timeframe that you choose (default is D), and must be higher then the timeframe that you use . Es use 1 hr set 1D , 30 minutes try 3 hr. But with low timeframe like 5 15 or 30, repaint can be a problem. Should be use as reference not during live training but for multidays traiding
+1
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davide.antonio.formenton
**** DO NOOOOOOOOOOOOOOT **** use it during live sessions. It repaints like hell. It's one of the pointless indicators that changes its mind afterwards.
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Jittra
Repainting observed on 15m with 1D setting.
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Jittra
The label is not appearing and disappearing but it does appear bars before/later. I reckon it's the shift function so I turn it to zero but it still shifts. Any way to fix? I have changed the source to every source (close/open/HL2 etc.) but couldn't do the job. Currently not notice any repainting.
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txnemo
Jittra
@Jittra, Could you give me some more details? Is it repainting or not? Trying to understand......
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txnemo
Jittra
@Jittra, If the shifting/repainting could be fixed, this strategy could be very interesting. Any ideas?
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