Disliked{quote} Applying the 2 modified versions of the H/L SPUD indicators from a guy experiencing CPU overload, what is the value of the one lone stochastic indicator left by itself? Along those same lines, how many charts do you anticipate we'll be able to apply your new indicator to? By employing alerts, we will have the "luxury" of not having to stare at the charts all the time, but not wanting to miss any potential trade opportunities, that would mean applying the future indicator/template to multiple charts; that would be a lot of data being processed,...Ignored
Regarding CPU overload, I have never personally had an issue, but to assist others it may be an idea that I add in a "maxbars" feature. I will check with the programmer and see whether he has already added this in. This would most likely solve people's problems. I assume then that you could apply this to a number of pairs with 2 or 3 time frames at once, at the very least. Myself, I like to concentrate on ONLY one pair at a time as I find any distraction that takes away my focus unwelcome. But if you find the need to trade multiple pairs, I don't see why a maxbars feature wouldn't solve your issue.
Regarding the "value" of the lone indicator, the dark blue one, (I presume you mean that one?) it is the fastest moving stoch at 6/3/3, represented as "Value 8" in the data window (LTFS), and provides a clear visual display when there is a change in momentum occurring. When this starts to unravel from a rope, it is a sign of a rope losing its' momentum...if this starts to cross through and above / below all other stochs, then is signifies a change in momentum...it leads the pack in terms of what is happening in the short-term, but cannot be relied upon on its' own for an entry alert, as the longer-term stochs offer another part of the story also.
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