Hi,

Thanks for everyones input into this thread. I think there is potential with this indicator. I have tried it on 1 minute charts and when the histogram gets very low and then rises it does appear to offer some buying potential.

I have a suggestion to possibly improve this indicator by adding a fisher transform to it http://media.wiley.com/product_data/...0471463078.pdf.

Does anyone know how to do this?

thanks,
Trader