vladv

Is this the same indicator i have attached?

 

http://[email protected]/?ymowmjmltey

 

I found it somewhere else.

 

Please let me know if yours is the latest.

Please reupload,the link is dead!

Irongraham, I actually use the TDI as an additional confirmation and I use the original setup. Coincidentally, I have plotted the Forex Rebellion with the original settings and the entry points are almost EXACTLY the same as the Seven Summits. With the additional confirmation from the TDI (from Comp***fx Synergy program and available for free) I can enter a pip or 2 beyond the low or high of the first candle to cross the 5 EMA. I do use the 75 EMA also but only as a flat market indicator; I will trade against it if it looks good. This is still my favorite program and with my tweaks, it is deadly. Hope this helps.

Can you share your indicators & template,iqofgenius? Thanks.

Trend wave indicator is not a repainter...however its not that great an indicator either...in periods of consolidation, will produce enough false signals to wipe out all the gains made by the good signals.

 

We as traders sometimes assume that, just cause an indicator is a non repainter, its got to be the holy grail ...cause we fell that the indicator is being honest with its non repainting signals,but thats far from the truth. Its kind of like using the flawed logic...Just cause you always end up telling the truth,you expect to be exempt from all the trouble...sometimes telling the truth can get you in more trouble.... telling the truth is good but cannot protect you from consequences that follow... I am sure all the honest married traders in this forrum understand that..lol

Ofcourse being honest is the better alternative but is not the holy grail to leading a good life....BEING PRACTICAL IS.

I prefer non repainting indicators to repainting ones...thats for sure though.

The only indicator that would qualify to be a holy grail indicator would be one that would give us a heads up wether the market is trending or consolidating...and that too real time.

The reason non repainting indicators fail is cause they are not able to tell us real time if the market is gonna trend or consolidate.

Until we get such an indicator we are gonna have a lot of these scammers milking gullible traders dry...

The Ichimoku indicator, Bollinger bands are few indicators that have a bit of forecasting ability ...to predict in real time wether we are likely to trend or consolidate...but then even it has its great many limitations.

However thanks to everyone who has made it possible for the rest of the forrum to have a look and feel of the Trend wave and super ADX indicator...

 

Regards

Heisamit

This is one of the best true posts that I have read this year about trading & indicators.