MightyOne wrote:rickyineng wrote:MightyOne wrote:Here is an indicator that I designed and that my friend coded.
It started out as a "top secret" indicator which I later revealed to the James16 Group and later to ForexSRDC.
If I remember correctly the rule was that price is ranging between S/R 2, testing for a trend between 2 & 3, & trending after 3.
The red lines are fibs between fibs (an idea that I might have been first to create as I introduced it years ago and was sharing it privately for years before that).
We used to trade from yellow target to yellow target in the direction of the long term trend (from the month start).
I am not saying that you should use it , but since it used to be my baby I'll post it for you to look at:
Seems JPY pairs (3 digits!) are not taken care of in this indi. Can you please repost it with the mod.
The indicator was not created to handle those pairs.
Unfortunately I could not locate the source code, but I'll see if any of my friends still have it.
Whats wrong with it? Looks fine to me?