Thanks for your response hyperscalper.
hyperscalper wrote:
I think you'd do much better using an IStrategy to do this, and putting selected marks on the chart.
I requested the indicator as I don't know how to code, suggesting I use IStrategy is not much use to me.
hyperscalper wrote:
So the MA would be FAST early in the scenario, and then over time, become SLOW, since it includes more periods ?? Then, at some point you might RESET it to start over again, etc. ?
Exactly.
hyperscalper wrote:
I'm a big believer in innovative analytic methods, but what would be the purpose of such an indicator anyway? How would you interpret it or use it?
As with all indicators, they are open to the users perception. I have a few ideas here, but often I don't completely figure out how I'll use an indicator until it is on the chart in front of me.
hyperscalper wrote:
P.S. The ONLY Good Indicators are the ones which will predict price, and Make You Money
Totally Disagree. Indicators are called that for a reason. They indicate... to me the possibility of something potentially happening.
I don't believe they predict anything.
Thanks again,
fifty_fifty