DislikedI just finished modifying the indicator to use Close of last 2 bars to determine strength. I am not sure if this will work as well as the original.
I did find that the check for strength is all related to the USD. There is no check for cross pairs like GBPJPY or EURGBP, etc.
I do not know how this might reflect in a trade for GBPJPY.
I am attaching the first version of the indicator using the close of the last 2 bars. The formula used is the same as before, I only replaced the fast MA and slow MA values with the valuse for close 1 and close 2 for each pair.
I suggest someone contact the original author of the indicator to check his/her thoughts in this matter.
There is a link in the indicator.
RobertIgnored
How is it doing it now with the old indicator?
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not