Ok please read what im writing,
The todays forex indicators "dont work" they get whipsawed because they lag to much.
They are meant for 4HR charts but I know people who have tried them on all charts, using REAL money and they DO NOT give an accurate result because they LAG.
TodaysForex - Currency Trading, Forex Trading, Foreign Exchange Market <<< here is where they come from and they dont work people have paid $150 for them and lost alot of money.
The better indicator, that these people are now using, and making a profit, is in another thread on this forum entitled "prosource"
and its free and lags less and does the same thing as this not working one but better.
Here is the indicator file for your convenience.
The indicator itself if you look, if you had run on eur/usd for last month, you wouldve made profits.
The indicator works but due to it being needed to be used on 4hr charts to get more accurate results its rather time consuming waiting for the signal and getting it quick enough.
So someone making it into an EA that simply does what we would do if we sat at pc staring at screen 24/5 would make it easier to use.