Disliked{quote} I do not use that indicator to enter or not enter any trades. It is simply an indicator based on moving averages and the dots change colors based on crossovers of the MA's. I only look at it to get an overall picture of what each time frame is doing when analyzing my charts in preparation for trading at the beginning of my trading session. I never base any H1 trades off that indicator. I do use the highs and lows from each time period to help with those decisions.....I have the Monthly, Weekly, Daily and H4 highs and lows on my chart and...Ignored
Simplicity is the ultimate sophistication - Leonardo da Vinci