Can anybody explain this indicator

[victornelson]

Hi !

I came across this indicator and it does seem to give good signals. I dont seem to understand the logic involved in it.The only thing i understand is the direction almost always change when the circled arrows form.

I would like a professional to give it a look and explain the working of it or anybody to share a tutorial.

I am a newbee and have been practising the FOREX on demos(for about a year now). Will be going in with real money soon. Wish me luck.

Thank you

Victor

[SIMBA]

ridilevelsels

Victornelson,

Do a visual tester and you will see that the indicator repaints..

Simba

[prasxz]

hi

SIMBA:
Victornelson,

Do a visual tester and you will see that the indicator repaints..

Simba

that's right looks like repaints...

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Forex Indicators Collection

[victornelson]

How do you do a visual test

[SIMBA]

Visual Test

victornelson:
How do you do a visual test

With the strategy tester,open any ea,like macd ea,just click on the right box for visual..then pause,open the indicator ,play...and you will see its behaviour,as well as that of the EA

[victornelson]

Thanks SIMBA. I figured it out. Yes it does repaint real heavy.

To all who come accross this thread . Use the indicator at your own discretion.

If there is anybody who can delete the thread , go ahead.

Victor