Hello,
I need help in building an indicator that will plot the difference between 2 moving averages, in order to see if there is a recurring area where a reversal could be expected. Thanks in advance for any advice/suggestion.

alex

Thank you Omelette,
I really appreciated your help.

Alex

I think its was taken away. Any more leads?

Good Day !

Ah, great example of a statement I made a few days ago on my statistics thread.

This is also a great reason why people SHOULD NOT help so called newbie’s or system developers or testers etc. on these kinds of forums.

This is also the main reason why since I started posting on forums about 7 years ago, I have NEVER EVER released a system, rule sets etc.

Why ? Because if I did so, I would put it here, just like all the other stuff I do and share, as a gift to everybody. I receive feedback from people etc. and in the end things get sorted out. But now and then, a thread would either start as a public thread and then get all the input it needs in order to sort itself out, and when it looks half decent, it gets sucked into the so called “elite section”. The other way is for so called “elite members” to actually leech ideas, concepts etc, from the public section and then continue their little secret research in private.

Here is the original link posted here, see for yourself: http://www.forex-tsd.com/attachments...4?d=1165364690

Technically there is not problem with this, but morally I think it is disgusting to say the very least, as the people who deliver inputs and contribute to the development and sharing of said concepts never ever get the benefit of their ideas.

I never ever want to be a member of such groups as I do not support their tactics and the immorality of their actions.

Just for those who noticed the thread earlier referenced here going missing from public viewing, the silly little indicator and concept they have there is older than the damn mountains themselves. It is highly correlated with a crap load of indicators for the simple reason which is that it displays volatility hence its high correlation to any volatility indicator, the reversal points are simple extreme readings which one can find without much ado. Its common general knowledge that reversals have a higher probability of taking place during periods of high volatility, pull up any volatility chart and see for yourself, I have posted simple samples of this before. This is just a good example dressing something old with new cloths and having a brain-fart about their new enlightenment.

This however is not the motivation for this post, the motivation is to underline the risk of spending time and effort to help people and then getting abused and ripped off (I had no input in the above thread, just using it as an example as it just happened). And here I refer to ripped off in the sense that you contribute and help out of the kindness of your soul under the impression you are doing good only to find out you have been feeding “elite leeches” with concepts. It could also be that the thread starter had ulterior motives which also would only start to surface as things start taking shape.

Some “elite leeches” would now and then throw some bones to the public forums in the form of an indicator or help with some coding etc. just to keep the people flocking to the forums in the hope that at least 1 out of say 1000 newbie’s actually unknowingly drop a great idea in their laps. How pathetic!!!

Anyway, it’s disgusting, it’s real, it’s happening, and I officially pledge my total disgust and opposition to this practice! For all I care, you can delete my membership right here, right now, I have nothing to contribute any further and hope that after reading this, people who try to help others thing twice about how it would end up !

Seasons Greetings,

FX Sniper

__________________
"I do not need a compass to tell me which way the wind is shining."

I replied to you here.