Originally Posted by davidke20

According to my experience, by referring to the screenshot Ferru posted, I've added a MACD and Stochastics standard indicator on the chart on the 7th March, 2008, on the same GBPUSD M15 time frame. I can see what does this indicator does. Honestly, the display console, or somebody use the term as HUD, Ferru did a nice job. Its easy to observe on the hud instead of reading the indicator. When you're seeing the MACD crossing upward all the way, at the same time, if there is a retracement happened, you'lll find that Stochastic has a opposite signal. Right after the retracement, your stochastics will bounce back from the bottom again. This should be the time you refer to the hud, whether both indicator are in green and the little arrow pointing upward in order to take the buy position. According to the chart Ferru posted, you should have made 40pips right after the next hour.

I dont like people selling so called profitable indicator/EA, but Ferru did gave the true statement about his indicator. So, I may say he's only selling the "HUD"/"DISPLAY CONSOLE" for your convenient of reading indicator, instead of selling you a money making indicator(atleast he's not claiming that in TSD). If you have a system that work and needed it to code into simple visual aided mode, I personally think this is a good choice. Keep it up Ferru.

Regards

David