I edited out that question. Somehow when I read, "But other than that, they are point and figure indicators" in the first post, in my mind this registered, "But other than that, they are not point and figure indicators." so that confused me that's why I asked the question. I must have been too much in a rush. Sorry about that.
Originally think it was zero cross during the stage of development someone came up with this idea to filter the entries more.global wrote: ↑Wed Apr 07, 2021 9:54 pmHi Mr. Tools, thank you very much for this XO indicator. I'm trying it out right now and it looks so promising that I expect lots of pips. However, I'm trying to understand how to it works and how to use it. In the first post of this thread states,
What is the significance of the upper and lower levels 1 and -1? Does it mean that it is a strong signal/trend when the lines are above or below those levels? I'll be grateful if you can help me understand this. Thanks.