Disliked{quote} If only it were that simple, The indicator is calculating minor swings which when summed together form the larger degree swings as well as impulse swings, the output is represented by the two lines and is for use with multiple timeframes. Main difference is moving averages as you probably know plot the average price over a certain amount of periods , whereas the trend indicator is plotting the sum of minor swings. Btw , its not predicting anything as i do not believe in such nonsense, it is as all indicators do showing what has happened...Ignored
The sum of swings is a key element in market structure and i believe it is how elliott in particular and dow formulated their theories of market behaviour of which i use some of the basic principles.
Follow The Markets Structure - Patience and Discipline
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