anyone know this DO indicator

[annbeea]

http://forex.gftforex dot com/public/item/204264

 

the indicator in the second photo seems good and easy to use, anyone know what is it, and any Mt4 version of this, any people can share or any programmer can write the code for it, Many thanks.

[dk1aussie]

maybe some expert programmer on II could code it for mt4

[annbeea]

hi Dear dk1aussie

 

what means by programmer on II ?

[MickyMouse]

that indy is only oscilating acording to the close of the bar against a moving average (distance) not gonna help u a lot

[dk1aussie]

hi Dear dk1aussie

 

what means by programmer on II ?

 

someone on Indo Investasi (II) who is a programmer that has the skill to write code for indicators etc

[soundfx]

annbea,

 

I've searched for more years than I can count for the perfect indicator lol.

 

I can assure you that it doesn't exist (which is what I really suspected all along...)

 

Either you use an indicator which suits you (only one is required) to complement your other trading skills (understanding S/R, trendlines etc. ), or you look at signals created from lots of indicators combined and ideally again use your extra skills to weed out potentially bad trades.

 

Drop into the "Pip Accumulator" thread sometime and try some forward testing of that system (which is essentially based on the probability of combined indicators), which I believe has excellent potential for consistent gains :)