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Roy,
The problem with what I wrote is it doesn't produce an exact
crossover at the grid lines. In other words it passes across a grid
line without ever having an exact value of 1.0, for example. The
reason is the time frame. If it's a five minute chart the next bar on
a five minute chart is five minutes away which means the indicator
value jumps from where it was at bar1 to where it is at bar2, five
minutes apart. It makes it tough to find a formula that captures the
right values.
For whatever reason the indicator does not work on a 1 minute chart,
so that's not an option. It works good on 10 min and 15 min charts.
What do you think!
Jack
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