anyone know where to download this indicator?
BBands stop v3
todays signals were 12/08/2013buy USDCHF at 0.92411
sell EURUSD at 1.33246
Drive indicator by Alexander Gettinger
is this indicator ?
Multi wave strategy by Alexander Gettinger
Authors description :
This indicator that I suggest was never developed for any other platform.
I call it Multi Wave Analysis.
Idea that have led me in developing this indicator is to try to distinguish waves of different amplitude and period.
Simplified, moving average with a larger period is the baseline for a shorter period moving average.
Shorter period moving average, fluctuated around a longer period moving average.
Unlike moving average, which followed the closing price, WMA predict price trends, and indicate, the deviation from the defined wave.
WMA can reach a value higher than the maximum closing price for that period, the reason, the price moves below the short-wave, the moving average continue to grow, but due to changes in market conditions, momentum, inertia, or the fundamental data, price did not continue its growth.
As a basis, I suggest the ordinary 200 period MVA,
then we deduct MWA 200 from the closing price,
now we Calculate 100 period MVA of Residual,
Again, deduct MVA 100 from Residual.
Procedure must be repeated for 50, 25, 12 and 6 period.
You can use all MWA components simultaneously, one pair,
or only one component as Wave Moving Average.
Advantages of these modified moving average is obvious, at least to me,
earlier detection of changes in trend precise support and resistance definitions,
Signal is generated if MWA with Lower period Growth / Fall Above / Below Higher period WMA.
Anybody can point me to the right direction on how to estimate when a downtrend or uptrend is coming?
Mostly i am trading in M30 chart, quite many of the times i catch the wrong trend or sometime the price does not move too much and it has no trend at all.
So, it made me either lose money or have very little profit or no profit at all.
Are there any symptoms when a big trend is coming soon?
Thanks in advance.
there are many indicators for trend identify. few i will post here
plz reply if any one like it