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