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Excellent MTF Indicator. Need Alert added.


Diesel 10

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This indicator gives very strong signals when all the time frames (5,15,30,60) show same color. Also very useful for filtering trades!

 

Hopefully someone can add Alert when (on a closing basis) all the bars are same color. Then next alert comes when all the bars (on a closing basis) are opposite color. Alert with arrow, popup and sound options would be appreciated. Otherwise you have to constantly watch...

 

This indicator is based on same/similar methodology as TrendMagic and SuperTrend.

 

http://www.4shared.com/file/F-o3gus6/HG_0001a_MTF.html

 

Cheers!

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