DislikedI think the EA from Ron only works on the principle of Heiken candle breakout from the PAC and considering the TDI, which is the basic synergy. Advanced synergy is a bit different... especially volatility and range factor indicators, its quite important on the daily chart.
If the heiken candle breaks out and even if the green is below the red/yellow, if the range factor would not be below the parallel lines ... not a good choice to trade. And each time the volatility indicator is tilted up, you'd notice its a surefire and good entry for the next daily candle.
You can see what i mean from the screens.
GBPJPY
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EURJPY
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There's no sense to enter a daily trade and wait on consolidating candles, before it actually start to move. so we need the volatility to tell us its time. So like instead of keeping the trade enabled on a 5day trend, when the actual big movements were only for 2 days.. So we can simply enter trade for those 2 days, instead of a long 5 days trading.
Another reason is that by the time the green would cross back the red/yellow and by the time the arrow would disappear, you'd lose a lot of profit you made, so its good for a early signs to exit, doesn't matter if missed a 100-200 pips more, but its better to be safe then sorry,
About the range factor, it works like a currency index chart, like having a euro index and usd index side by side for your EURUSD. if Euro was weak and usd strong, range factor would go below the parallel lines, if Euro is strong and USD is weak, range factor would go above the parrallel lines and if both EURO and USD were weak or strong, the line would be in between the parallel lines for a probable range market. So its impotant to have those...
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I have been watching you shifting from one system to another. I think you have finally found something you can work on for a long time. You work hard and don't give up easily. I like your spirit. Can you explain me whether the system will work for the two pairs Eur/JPY and GBP/JPY and how to interpret various indicators at 5m, 15m, 30m and 60 hour chart. I am a scalper and I want to attempt it. I live in Hong Kong and prefer to do trading Asia-London session only. Do you have any idea of Indian Rupee futures recently introdued at BSE? I am a NRI and can I trade those futures?