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Neil,
I wish it was as simple as it sounds.
As far as the indicators are concerned, its simple to just apply them in lower time frames, but do they "respond" in the same way as in the way as they are designed for the daily? Mine don't. The parameters used in the daily charts do not co-incide as well in the hourly mode.
Therefore, I am in the process of fine tuning them.
As explained earlier, the "best" signals I choose are those, where the internal strength of each pair are far away from each other and showing diverging towards each other. The respective Internal Strength of each of the two currencies in the pair should be exhibiting strength in one and weakness in the other. That would give us the quickest move.
The charts I draw are from Metastock, but the Internal Strength indicators are computed in a spreadsheet, and then integrated into the Metastock charts. The signals of LE, LX, SE and SX are generated by metastock.
BTW, I am not plugging metastock as a charting product, because there are other equally good softwares also available.
Dusant
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