DislikedHey all,
with full permission by Sterling i dare to present you here indicator 4H5EMA which should reflect Sterling's rules. I ask you to review whole thing and let me know your thoughts. I am ready to change anything according to your concerns.
Although I tried to be as precise as possible you my find some discrepancies. Main difference i found in last Sterling's comment. When he mentioned that if within 2 following bars proper reversal bar is not formed setup bar is canceled and whole process starts _after_ second improper reversal. Contrary I consider every bar.
Since I realized this today i present you indicator as is. If you want i can change it.
Be nice.
LukasIgnored
- | Joined Oct 2008 | Status: Learning | 1,056 Posts
What you do is a reflection of you....what I do is a reflection of me.