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Has anyone put PRC2 into a strategy
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Has anyone put PRC2 into a strategy

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Has anyone put PRC2 into a strategy

Hello,
Wondering if anyone has used the PRC2 indicator that is found on this forum in a NT strategy? I can't seem to get it to work. Would love to communicate with someone who has.
Thanks

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Market Wizard
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CaptainAmericaXX View Post
Hello,
Wondering if anyone has used the PRC2 indicator that is found on this forum in a NT strategy? I can't seem to get it to work. Would love to communicate with someone who has.
Thanks

you can't code a strategy based on a heavily recal indi like prc.

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Market Wizard
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CaptainAmericaXX View Post
Hello,
Wondering if anyone has used the PRC2 indicator that is found on this forum in a NT strategy? I can't seem to get it to work. Would love to communicate with someone who has.
Thanks

Avoid it like the plague! Had it on a chart a year or so ago & it looks GREAT - at the END of the day. You don't want to risk real $$ on PRC or PRC2. It's CONSTANTLY recalculating so you really can't trust it for accurate trading signals.

After all, it's what you learn AFTER you know it all, that counts!
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What good is an indy that recalculates? Why would anyone create such a thing?

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cory View Post
you can't code a strategy based on a heavily recal indi like prc.

has any one tried to re code it so that it wont recalc

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nightshade View Post
has any one tried to re code it so that it wont recalc

I did many many years ago and would say it is not worth wasting time on.

Mike

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Hmm... I thought it wasn't supposed to tell you to fade. Just to tell you when to get ready and look for a good fade. No?


I'm looking for an indicator similar to this one, but which will snap to Gann swing pivots. i.e. will re-curve as each swing pivot is found, rather than only using Standard Deviations.

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By the way, if anyone using this indicator wants to hide the plots earlier than the period set, i.e. the old part of the plot which doesn't have smoothed curves. I used the following amend to the source code.
From about line 233...
 
Code
			//----------Fill Zones
			if(fillZones && showLine)
			{
			// DrawRegion("HiZone", CurrentBar, 0, Sqh,  Sqh2,  Color.Empty, fillColor, 2);
			// DrawRegion("LoZone", CurrentBar, 0, Sql,  Sql2,  Color.Empty, fillColor, 2);
			DrawRegion("HiZone", period, 0 , Sqh,  Sqh2,  Color.Empty, fillColor, 2);
			DrawRegion("LoZone", period, 0, Sql,  Sql2,  Color.Empty, fillColor, 2);
				PlotColors[1][period] = Color.Transparent;
				PlotColors[2][period] = Color.Transparent;
				PlotColors[3][period] = Color.Transparent;
				PlotColors[4][period] = Color.Transparent;
			}

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