HIhumpha wrote:Anil,
It is steves indicator, http://mostly-forex.blogspot.com/" onclick="window.open(this.href);return false; it is one of the best indicators I have ever used, on the 1min chart it shows potential take profit areas and nails them. I have decided to be more patient with the higher time frames and wait for the cross of the AO. All the best, steve's indi is available at a small cost but guarantee it will pay for itself very quickly.
I would like to add that the reason that it is one of the best indicators is because there is a very strong logic behind it. We always looked at M5 aims levels for taking trades on m1 and always filtered trades when M5 level was too close which helps greatly during choppy sideways markets and Steve went on and coded an indicator that put that logic on screen for us. now all one needs is simple one look at the screen and you know exactly whether you should or should not a trade and where exactly should your entry level be if M5 is close !
May the pips be with you