Well what do you know, we can get through this with my indicators function of fxdreema !
BTW had tried to equivalent it to any existing indicators but of no avail.
Fortunately the indicator can be modified (in mq4 format) so had to look into how it looks when "imported" as my indicator. The signal to see is pretty simple that is either its above 0 or below 0. Of course the color being green or orange can also works but that is no more necessary if its above or below the 0 criterias.
But since its the weekend i cannot test it yet until the markets open next monday.
Holt has a special formula that its not following any emas or macd.
About the "declared" TP which can either be done creating a seperate robot basing on lowest price of previous X number of candles (can this be applied to more than 1 running trade?). Or close with profit when level goes above/below 0 and in profit (which may cut much of the possible profits).
Ps. Dont make the strategy that complicated by working out on the curve like you did on macd though this could be done with some researching into my indicators.
ps2 another good name for it is humpback whale. I kindda thought of it as such.
