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Ergodic Candlestick Oscillator 5 *
An optimized, ultra fast loading version using optimization techniques from the article on MoveTheMarkets, as referenced in the Optimize C# thread of the Forums.

Version 1.4 uploaded on May 30 should work with NT6.5 as well as NT7. Tested out OK here, please send me a PM if any problems.

Adapted from Blau's Momentum/Direction/Divergence by zoltran (Wes S.) and optimized by Zondor (ZondorŪ)

Here are the "rules" for using this.. take them with a grain of salt! Never rely wholly on indicators, nor on a single time frame!

  1. Enter or hold position only when slope of ECO2New3 Signal line has the same direction as the trend
  2. Stand aside when slope of ECO2New3 Signal Line is in the opposite direction of trend
  3. Enter or exit position when ECO2New3 and its Signal Line cross
  4. The magenta dot shows when the ECO2New3 is 'inside' its signal line, indicating failing momentum.

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Details: Ergodic Candlestick Oscillator
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May 26th, 2010
Size: 11.05 KB
Downloaded: 1920 times

Keywords: zondor ergodic


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