Originally Posted by yorkyjohnny

Hi FerruFx,

Thank you for sharing your creative ideas and indicator, which looks very interesting and would appreciate if possible you could answer a few questions to help clarify a little, although complex in formula, it looks a very easy system to follow:-

i) If your target profit of 90 pips is reached and the trade is closed, do you always wait until 00:00 GMT before opening another trade? YES

ii) If for example you are in a long trade, because trend was “Up” at time of entry and the trend now turns against you to “Down”, do you immediately exit the trade, regardless of what time of day this occurs? NO

iii) Point # 3 where you state “My settings: Target Profit 90 pips, no sl, no ts.” What do you mean by “ts” ? (I am perhaps just having a brain freeze). TS is "Trailing Stop"

iv) In order to arrive at the TREND, either “Up” or “Down”, have you weighted your calculations in any way, progressively from M1 to W1 in favor of the longer TF’s, due to longer TF’s having a greater influence over the direction of the trend. This does of course more apply to the overall, underlying trend and not necessarily the shorter term ‘trend of the moment’. Or is each TF treated equally?

What I like and can get excited about with your indicator is that you are coupling MA’s with no less than 8 TF’s, both type of indicators from which I believe you can technically utilize to predict direction/moves with higher probability.

Thanking you in advance!

johnny