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Here is an indicator that could help you with the strategy. Has 3 MAs, all of you have to do is change the values and you get an arrow twice, once when the lower two MAs collide and other time when all the three collide.
And what is more, you also get alerts :) Enjoy !
Cheers
JT
Guys, not sure what happened, I posted the indies yesterday. Posting again with other indicators to support this strategy as well. Hope you find it helpful.
Cheers
JT
Hi Guys, thanks for all the good things you do.
Just one clarification, does this indicator repaint or recalculate ? If it is repainting that still can be used using some filtration, but recalculating is a much better indicator like Harmonic Indicators. Please do share your comments.
Warm...
Any harmonic indicator will recalculate (different from repainting) the last leg. So one has to wait for the pattern to complete and use either macd or other indicators to trade.
Nice one bro.
This indicator bases on MACD average lines cross and yes it repaints but when waved lines (blue/red) are painted and stay with the arrow and price does not pass them it shows perfect reversal. Recommend TF M15.
Great indie VitalFX, takes a heart to share such indicators. Abundance to you and god bless... unfortunately I am not able to download as I dont have enough posts, believe that is fine. I will wait to post some indies which I found useful for the benefit of all concerned.
Cheers
GK
Guys, from the look of it, it strongly looks like Swingman (which is non-repainting) and can be used in higher time frame like 1 hour or more. Google for Swingman MT4 and you will sure get it. Good luck guys, and this is my first post :)