very pretty! But what use is it?
I made 100 ema but don't understand how to use it ..:P
As mentioned before, there is a huge thread on FF about trading with these indicators. The author promised mucho pips if his disciples just put in some 'screen time', predictably this ended up in it's own forum with it's own e-book which the author presumably makes good $$ from (why he would need to do this when he's making such a killing trading God only knows ). If you go and read the forum (after people have put in the 'screen time') nobody really seems to be getting anywhere, people are still struggling. So it looks pretty, but that's about it.
here is a very promising system working on rainbow INGOT'S RAINBOW ... A Position Trading Strategy - Forex Forum
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
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 ---
i have found strategies but something opens necessary correct position not eno
sorry for my bad english
your above post
the attachment, I can't see the indicator at all
maybe it DO nothing, can't see 1 thing there
if you have to improve english typing, use a translator
Sorry indykator & template for system
First of all I have used the search facility but I could not locate what I was looking for.
I am looking for a Rainbow Indicator that displays arrows (Green and Red) on the chart. For the life of me I can not find it. I used to have it but lost it on a new pc build.
Please can someone point me the right direction