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Lots of good work going on in this thread! I am new to the Ergodic indicator and have tried most of the posted indicators with mixed success. The best seems to me to be the BH-Ergodic. Some of the other indicators just crash MT4 as they take waaaaaaaaaay too long to crunch the data. I am also using the FX_Sniper's_LSMA which works very well. The main problem is that all the indicators still seem to lag price.
I am looking for a nice entry trigger indicator on price such as the arrows as shown by FX_Sniper's signals. However, these only take into account the crossing of the MA's and miss some of the best signals. Anyone got a better indicator with arrows or dots on the price panel that take into account extremes of the indicator with the signal line inside the ergodic line? I think that might produce a better entry signal.
FX_Sniper's alert also confuses me as it always ends with i=0. Does this mean anything and if not any suggestions on recoding to make it into something intelligible to mere traders.
Thanks a lot for all your input and hard work folks. I am still trtying to evolve a system out of all of this and I think it has great promise if we can tweak the indicators and get better entry signals. Look forward to hearing your thoughts.
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