I've just downloaded your indicator, and applied to EUR/USD M15 chart. I think something is not quite right though, as there are only silver indicators, and everyone is indicating a buy (going back 3 or 4 weeks).
I'll publish a detailed description and recommendations at the web site soon, in brief so far:
The indicator's model estimates quite successfully short as well as long term trends. If you have followed the correctly predicted long term trend in the example USD/CHF, most of the trend signals haven given you very good results (you can verify it easily by having a look at the sell-open and sell-close signals). If strong and reliable signals can be detected they are plotted red or blue. If market disturbances are detected that exists over a long time or if a side movement exists the signals are colored in silver. This is for example the case in EUR/USD at the momement. Don't be irritated that the signal color can stay the same for days or even weeks, this simply shows the market's dynamics of your selected currency pair. For example in EUR/USD long up and down trends took approximately 2 to 6 month in the last two years. The trick in real life is to detect a trend change just in time to reduce open orders or to change to a less risky/different investment style, this is indicated by the silver color. So the colors as well as the size of the symbol signals indicate the confidence of the signals.
I just find your indicator today, I have same question on the silver signals. Now it's clear, thanks. Meanwhile, this is indicator just tell the open/close signals. Is there auto-trade ea according to this indicator?
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