Never Mind- I found a indicator by Newdigital- it evens colors for bull/bear/transistion.
Thanks Newdigital!!!
could u post the indi.? Or the link where u got it?
Can someone post where we can find this indicator? Johns new book has a COMAS system that loos interesting with 2 pivot moving averages. Thanks for the help. I posted in another forum but no one has responded. I have been looking here but can find it
Does anyone know where he found this? Newdigital, do you have this?
PipRippy, It would have been great if you could share it. Sad, you dissapeared.
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I just started reading John Personsnew book called: Forex Conquered High Probability Stratagies.... It is a very excellent book on forex trading, unlike some recent books on TA in fx.
He does alot of trading centered around pivot points. He likes to use something he calls a pivot point moving average. He uses a 3 period and a single period MA. At first I thought it would be to small of periods for the MA- the averaging of price smooths the action etc..
His definition is for:
( H + L + C)/3
Doeas any moving average indicator already have a input for this function??
I know with VTTRADER they have something called "Typical Price" for a input variable with the ma. I am using a metatrader broker though.
Any help or thoughts is very appreciated!
Thanks again,
M Rippy