Couple of interesting indi's: Fibospiral and AllMA

Has anyone used this AllMA.mq4 in live trading? I just found it, so haven't tested it realtime yet. But it seems to look pretty good at identifying entries and exits.

Threw the fibo sprial in for good measure. Have been using it for a few months and find it to be very effective. especially with murrey math lines. Enjoy.

Thank you for sharing.

Your fibospiral indicator seems interesting.

It doesn't seem to have the option to change the centre of the circle.
It always seems to be plotted at 55 bars before the live bar, and you will soon realise it has the same circle in all charts, just different values and prices. It makes me wonder its validity and ways of application if graphically, it has the same shape.

Taking into consideration the above, what's your application- I am assuming you anticipate a significant shift when prices crosses a line of the circle?

It's true that whenever you put this on a chart, it always seems that current price is within the 4th or 5th band out from the blue center.
I don't claim to understand its methodology. I use it as a sort of cycle indicator. Notice how rare it is for price to move in only 1 direction through an entire range between the elipses. It happens, but most of the time you will see a reversal of some sort, perhaps several. It gives me an idea how mature a trend is. If we are 4 or 5 bars within a given spiral, then it's to be expected that a reversal will happen within X amount of bars.

I like to use a buttload of indicators. I know some are very against it, but not me. I'm sharing this template, largely it is from Brijon's thread, a post he made just a few days ago. I've also added Squalou's Breakout boxes--2 versions, along with some other goodies.



Notice at around 1.0627 you have a downward trendline forming, yellow resistence bar, fib and a spiral all meeting within a few pips of eachother. So it's within this context that the spiral helps confirm everything else.

The template in the screenshot is called breakbank.tpl in the zip file.