[REQ] Price Meter System

[kraven]

Price Meter System

 

Has anyone got this indi to share?

 

haven't found it anywhere except this pic on a russia site

 

http://translate.google.com/translate?hl=en&sl=ru&u=http://www.fx4u.ru/rinki-forex-commodities-cfd-futures-f14/yazik-programmirovaniya-mql4-opisanie-mts-skrip-f16/besplatnie-sovetniki-sistemi-torgovli-indikatori-t5204.html

 

it's on post 822 page 42

 

(lots of other systems and indi's on here also - originaly posted on Indo by someone else)

[Freddie]

If it has already been posted on the ruski thread I will post it. I am downloading the archieves as we speak.

I am sure that I have seen the indicator here though. There are various strength indies available, take one and alter the colours - make the unwanted ones background colour and you have the required pair. I am not convinced of the worth as I can see it just being a reflection of the price:

Price =0; indi at start level. Price +2pips; P1 up 1, pr2 down 1 etc. ie indie runs from center line mirrored.

 

Does that make sense?

[kraven]

yes Freddie, i agree. i think a lot of indi's are worthless and just mirror the price. i was thinking of possibley using this more for exits or backup to entries. if you find it on there post here mate. cheers