GKP

I always thought 12 26 9 were the standard MACD settings....dohhh am I wrong?, which have already gone red.
Bounced off low of 65 so far today, which is very close to MA50 (currently 64.4) and an oblique minor support (~63.75).

Yes your right Count should have read 12,,26,,9 thanks

SRB

Hi Richard,

Here's some info on chaos oscillator www.alpari.co.uk/education/market-analys...-oscillator-%28ao%29

Now mine is set up slightly different - someone very kindly gave me the script to copy and paste it in to PRT (Thanks Stevie!). Set up like this and in conjunction with elliot wave it helps pick out/confirm counts.

As for my MACD settings - these were also recommended, as you can see it's peaks and troughs look similar to awesome oscillator, just quicker timeframes.

If you want to try out the Awesome oscillator - I can send you the script to copy and paste into PRT.

GL

Cheers KK I now have my bedtime reading, would appreciate set up copy details of ACO for PRT please send to richie165(at)hotmail.com

Thanks again

SRB

KK,, playing around with GKP on PRT last night and after many attempts I could not find the Chaos Awesome Oscillator anywhere in the Add Indicator section or elsewhere if it comes to that so would you be as kind to direct me,,

Many thanks

Richard

Hey Richard - sent you mail.

This is from PRT

Calculation: This indicator measures momentum of the 5 last barsand subtracts from it the the momentum of the 34 last bars.

Notes: A histogram view is best for this indicator.

Interpretation:
"Saucer" Buy signals:
Generated when the histogram which is above the zero line changes its direction from falling to rising.

The most recent saucer signal cancels all previous ones (do not forget to delete pending orders after the signal is cancelled).

"Saucer" Sell Signals:
This signal is generated when the histogram that is below the zero line changes its direction from rising to falling:This signal is generated when the histogram that is below the zero line changes its direction from rising to falling.

"Cross" signals:
A buy (sell) signal is generated when the histogram crosses the zero line from below (above).

"Twin Peaks" signal:
A buy (sell) signal is generated when the histogram is lower (higher) than the zero line, and the last indicator's bottom is higher (last indicator's top is lower) than the preceding one. Between these two bottoms (tops) the histogram can never be higher (lower) than zero.

*I should add, it doesn't have to have a complete red saucer/trough to confirm the count as I mentioned in last post, if the upward trend is strong, the tips of the histogram can turn red, above the zero line and it can still reverse. Thought it was worth adding as nothing HAS to happen*

More scripts here.
www.prorealtime.com/en/library