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This tool is something I have been thinking about using this last few weeks but I have to ask myself would it really give me that extra edge whilst trading GBP curreny? I am certain it would help reduce analysis of charts and save a lot of time in the process.
I have a similar indicator that was floating about some years ago, it works in realtime well but then decides to repaint the past, does itself no favours really because it was better before it did this. But it does not show the status of all currencies - just the same pair with different time frames.
Can you give an idea of the basis for what drives the color changes of this tool?
You mentioned price action, but that can mean many things.
I'm sure the logic is proprietary, but if you can provide some more specific info on criteria that drives the color changes, that would allow better determination of it's potential usefulness.
Can you give an idea of the basis for what drives the color changes of this tool?
You mentioned price action, but that can mean many things.
I'm sure the logic is proprietary, but if you can provide some more specific info on criteria that drives the color changes, that would allow better determination of it's potential usefulness.
Thanks
It is just secret sauce candles comparison. Nothing else.
FerruFx
__________________ FerruFx / www.ervent.net - Professional Coding Services (EAs/Indicators/Alerts)
