DislikedFor what its worth - a good market timing indicator that I use to follow larger term trends is Tom Demark's Sequential and Combo countdowns (wormie I believe is familiar with Demark - I remember him mentioning Demark Trendlines)
In any case both the weekly and daily EUR charts have printed a '13' buy countdown indicating a low risk/high reward probability of trend reversal to the upside.
Last time this signal popped up the EUR was trading at 1.2650 - and I went long for a nice 500 pip ride to the upside. So when these indicators speak I tend to...Ignored
I do not use indicators but this method seems interesting.
Where can I obtain this indicator for mt4? Or alternatively , what charting software do you use?
Thanks.