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Hi Alpha,
Best I can do is show you what I'm up to now.
There is a thread over at forex factory called pivot point squeeze high probability system that has all the indicators and template...except the waterfall.
To answer your question, the lines are the ones posted by Goldenequity. The white line is a 1 sma, the magenta is a 3sma shift 3, the blue a 7 sma shift 5, and the khaki is a 25sma shift 5. I am using them to determine trade direction and times to stay out of the market...probably not what GE had in mind, but let me show you a chart and you'll see what I mean.
What I look for is the sma lines to get tangled. Then I watch them untangle and fall into their natural order.
Hope that helps. If you have any insights, I be pleased to hear them...not much interest in the waterfalls here, and from reading GE's posts (complicated stuff) I'd say by starting with the 15 minute chart I'm doing things pretty much backwards.
Hope that helps
Regards
Last edited by Sundowner; 12-20-2007 at 09:15 PM.
Reason: reattach image
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