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Why does this Reversal indicator do this?
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Why does this Reversal indicator do this?

  #1 (permalink)
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Why does this Reversal indicator do this?

Well Im hoping someone will see this that knows the answer. See on the picture how the reversals are above the candles. Then right at the edge of the screen (right) they are on the candles like they should be. What causes this? Better yet, cause I know nothing of programing, can it be fixed, or does it even need to be fixed? It is fairly annoying to have to constntly "Reloard Ninja script" as I scroll to look back at charts. Can anyone help? Thanks in advance for anythign at all.

Chad

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  #3 (permalink)
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If you post the indicator, someone might have a look at it.

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Yah thanks but after watching it in real time I discoverded that is only posts these reversals like four bars later.
So not something I'm interested in. Thanks anyways.

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It is probably the "Maximum bars look back" setting for the indicator. Try setting it to "Infinite".

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skyfly View Post
Yah thanks but after watching it in real time I discoverded that is only posts these reversals like four bars later.
So not something I'm interested in. Thanks anyways.


This is because it's an indicator.

Indicators can never predict reversals on the bar they occur. They need price movement in the opposite direction to make the indicator show the reversal.

The earlier an indicator shows this, the more false signals it will give.

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