Jumpy - Indicator

 

Hi, Guys

Great Forum.

Here is an indicator I picked up some time ago.

It is an expert advisor - which is supposed to "Jump" when a certain x number of pips in the same direction (long/short) were created.

It is changeable etc.

I have not used it - YET.

My question is : has anyone tried it ? and do u guys know of an indicator which calculates the speed between pips (eg long/short)?

And are there any improved versions of this indicator?

Files:
jumpy.ex4  4 kb
jumpy.mq4  6 kb
jumpy_mq4.htm  6 kb
 

hi gandalf,

i have never heard about this expert. but according to your description it sounds a bit like renko. is it?

regards

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