Author: Origin Indicator X_0_Serg153 © 2005, Serg153
We've taken the classic X_0_Serg153 indicator from 2005 and given it a fresh twist.
This modification helps us showcase the tick-tack-toe method without needing to verify its implementation within the indicator. However, it's worth noting that extracting trade alerts can pose some challenges.
The data from the X_0_Serg153 indicator is represented as graphical objects. This raised some questions in the forum, which you can check out here: Forum Link. We sourced the code for the indicator from that discussion as well.
The tick-tack-toe method has been a favorite among American traders since the 19th century.
What sets the tick-tack-toe method apart is its lack of timeline stability.
In the MT4 platform, new price bars keep rolling in, but the tick-tack-toe indicator remains static unless the price crosses a certain threshold. This means the indicator's chart won't always align with the price chart displayed on MT4 screens.
In this latest version of the indicator, we have:
- Added trade alerts that indicate upward or downward movements during price fluctuations at each calculation step of the indicator.
- Included an Alert feature for better notifications.
Special Features:
Trade alerts are not calculated retrospectively, as determining their accuracy can be tricky when the indicator is out of sync with price movements.
Moreover, “historical” alerts often lack significance in real trading scenarios.
That’s why it’s crucial to test these trade alerts in the Strategy Tester.
Testing:
To get started, run the indicator alongside any EA in the Strategy Tester of your client terminal.
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