Hi Guys,
I came across this free indicator on some website (been swamped by junk mail ever since).
I've been looking back to see how well this could perform and to be fair it appears to be fantastic for picking up the big moves on the h4.
I know its based on price action however does anybody know the easiest way to find out how it works as in how to strip an indicator to see what parameters it looks for to give off the signals?
Ive attached it - many might find it useful in general. I use it in my daily trading as one of my edges
The basics of the system associated with it are red candles mean sell yellows mean buy - thats the basic principle of it. Im just curious because if this indicator is taken apart and worked out there could be basis in there for a very profitable system.
I came across this free indicator on some website (been swamped by junk mail ever since).
I've been looking back to see how well this could perform and to be fair it appears to be fantastic for picking up the big moves on the h4.
I know its based on price action however does anybody know the easiest way to find out how it works as in how to strip an indicator to see what parameters it looks for to give off the signals?
Ive attached it - many might find it useful in general. I use it in my daily trading as one of my edges
The basics of the system associated with it are red candles mean sell yellows mean buy - thats the basic principle of it. Im just curious because if this indicator is taken apart and worked out there could be basis in there for a very profitable system.
Attached File(s)
freescalpingindicator.ex4
4 KB
|
512 downloads