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Yes, it's kind of embarrassing to get all worked up about an oscillator of a
the close to a simple moving average. However, if you used the right entropy
or even better the one I sent to the forum with an average of itself
subtracted from it, you have some interesting information for a breakout
type of indicator as entropy signals a breakout when it crosses above zero.
Remember that the indicator isn't directional, the breakout can be up or
down when it crosses above zero. You can use your moving average to decide
if its going up or down: )
Prosper
> > The entropy indicator had been above the zero line since the beginning
of
> > Jun 1, but peaked early in the morning of Jun 2. Just about 1/2 hour
ago
> > today, the indicator crosses BELOW the zero line (at 1:54 pm).
>
> Which is just another way of saying that the price crossed below its
> moving average.
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