That is the latest version "chaos visual"
This was the latest symbol changer
It has a bug you can see on H1 pic and you must say how many bars back you wish and it is the probably the oldest version of it (it is from before WW2 ;) but it suits my style and visual preferences
PS: There is a possible upcoming of a SHS and/or a bigger one on H4 on G/J.
No, on the 5M chart I'll use the 5m and 15m LMA, Wavetrends at 15M, 30m and 1H.
Wavetrends set at .8 Gamma and Typical Price
Some information about FXSURF WaveTrend LMA strategy here https://www.mql5.com/en/forum/175037/page970 and FXSURF strategy here https://www.mql5.com/en/forum/175037/page956
And a bit more about Wave trend oscillator here https://www.mql5.com/en/forum/178018/page94 and here https://www.mql5.com/en/forum/175037/page882
I don't remember exactly, but there were some "guessing games" as of what wave trend oscillator is. Anyway, since the most common argument was that it is a macd, here is a comparison. They look similar. And that is it. Starting from the fact that wave trend is normalized (and that makes the usage of levels logical and useful) to quite a few other things, I can tell that, even though some of the math in macd and wave trend is similar, that they are not the same and that in a lot of things they are very different. And that that difference make the usage of new name (the name was not invented by me :)) completely justified - since they are not the same indicator at all
You can use it on a shorter TF, I use it as an additional filter in conjunction with MTF Wavetrend or Chaos VA. I don't trade straight off the LMA.
On 1M candle LMA's set on 1m and 5m, 5m candle set at 5m and 15m.
Again im looking for a particular pattern in conjunction with MTF oscillators like Wavetrend or Chaos VA. Typically after HOD or LOD have been reached and or daily ATR range has been rejected.
When either of those have been reached and the MTF oscillators are all in harmony at the top or bottom, then i'll look for a possible entry. See examples and templates.