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First off - thanks @wwwingman! Your new indicator is a great tool.
I wanted to request a couple of simple property control items:
Color selection for the "RD" "HD" letter symbols (it might also be nice to concatenate the "indicator type" to that string?)
File selection for the sound file
I'm using more than one instance of your indy and these additions would help clarify things on the price panel.
....sounds like you have some other great ideas for the next revision already!
Thanks wwwingman very interesting indicator. I have only briefly looked at it but putting multiple instances of it on one chart, one of each of the indies, showed some interesting results.
Have you considered the scenario where confirmation would be required across a number of indies before a signal is generated thereby improving the quality of the signal. e.g. rsi, momentum and cci have to agree before the signal is generated on the chart.
Hi Wwingman. It has been bugging me but I knew I had seen something similar before that might help you, I wasnīt sure if I still had the info but I still had it on my computer. An English guy operating as Futures Day Trader came up with something similar at the beginning of the year but had developed it somewhat by turning it into an Auto trading strategy and leasing it for a sum of money, it appeared to work very well. I have a demo video of it that he released, although it is a divergence based system he calls it something different, I shall try and add it as an attachment, that is the limit of my know how. Hope it helps.
PS. I am not promoting FDT so the FBI (Forum Bureau of Investigation) need not get on their high horses.
HAHAHA. I like it, very cute. But these are for the Junior FBIs, the seniorīs horses are monster size they can leap into a thread and smash it to pieces in no time at all.
For one second i thought wwwingman had just posted a new version of his popular indic. until i looked at the date. Looking at the symbol used i can see the influence of the intergalatic fibonacci thread on Fat Tails.