Multitimeframe Moving Average Direction Oscillator

[Bebbspoke]

Hi Jackfx09 et al; -

I strongly urge you to read my last comments on viewtopic.php?f=30&t=6541&start=0 - the heat map for ALL EXCEPT the BASE time frame can ONLY be retrospective.

This is an exceedingly enticing trap into which it is very easy to fall... - if you believe you have identified a strategy using historic multi-timeframe heat maps PLEASE have the patience to sit and WATCH for the same to occur in REAL time - do not spend too long because it will NEVER occur...

Cheers, Bebbspoke

[Apprentice]

Indicator was revised and updated.