Open interest and NT7

[gorbat]

Here is COT Proxy Oscillator for NT7,

invented by Larry Williams,

tries to emulate the COT for securities that dont have COT data.

Converted to NT by Elliott Wave.

http://www.mediafire.com/download.php?tuw782ugylfujas

This is a good indicator.

[gorbat]

Looks like stochastic moving averages with smoothing what TF do you use it on?

This indicator provides early signals of any TF.

For good work it is necessary to look at the same time

not less than three different TF.

It is necessary to use such TF, where signals are indicators

do not contradict each other.To coincide wave.

Try to use together :

1. RenkoHybrid 21

2. RenkoHybrid 13

3. RenkoHybrid 7