Hello, I would like to introduce few moments for current MetaTrader4 charting principes:
In some theores which have support resistance on trendlines based on angle with
time in mind, most MT4 users encounter missing signals in general. I know, this
is already topic about many people discuss, but i want to introduce few moments
in which MT4 dropped out weekends and not changing prices bars make worst technical
analysis ever seen based on support/resistance theories: If to keep in mind that
to cut off time mean to lower analisis quality and keep weekends, etc in chart
as horizontal lines, technical analysis come into precision. Here's 2 charts, in
which i tried to show a moment where trend changes direction when 2 trendlines
make triangles. In Oanda java platform time isn't cut off and that moment looks
very precise when trend changes direction: http://www.fastlink.lt/~arunasp/perevarot_oanda.JPG
In MetaTrader4 this is impossible to see:
http://www.fastlink.lt/~arunasp/perevarot_iskazenije_mt4.gif
As you see, that makes general difference sometimes, please make option in MT4 to have same chart as in Oanda if it is needed.
- Relative Strength Index - Oscillators - Technical Indicators - Price Charts, Technical and Fundamental Analysis
- Ichimoku Kinko Hyo - Trend Indicators - Technical Indicators - Price Charts, Technical and Fundamental Analysis
- Parabolic SAR - Trend Indicators - Technical Indicators - Price Charts, Technical and Fundamental Analysis
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