my indicator -- so that you can download
hard to find a good indicator as the rainbow looks colorful but too many lines
so I modify it a little bit and make it more neat
first download, put it in your ..\template folder
then add choose template -- my template -- [andy....RAINBOW]
right click the chart area, and choose the 2nd tab
and CHECK-mark (tick) the option
[ candle bars in the foreground ]
I think this is only GOOD for ENTRY time only
may recognise consolidation time
2 cents advice, don't BITE on the first outbreak, wait a bit !!
this indicator don't seems to be good for anything else, as it is just SIMPLE moving average -- after all
and
in the past, people use 3 or 5 MA to read the crossing anyway, but this indicator , just make it more simple to APPLY that MA method , so it might prevent you TO START trading time for the day
-- got attachment ---
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