Not only that - it is depends on the quality of your feed as well (more about that here). The INDU is calculated/distributed every 2 seconds (as specified here). If you have a feed that throttles INDU ticks when there's a high load - like esignal - you'll be out of sync for 2-4-more seconds at a time and never know about it (which means you'll get false signals). My guess is that it would be better to calculate the INDU yourself without delay (whenever a new tick from one of the INDU components arrive) and use that to calculate str/squ. And you need a high quality feed, too.
Yeah well. I use IQfeed just like Spyder (I think he still uses IQfeed but I am not completely sure). I think I shouldn't get results that differ so much. My interpretation was completely the opposite. Anyway, I probably did something wrong. regards, Ivo
ES U8 Daily Chart June /16 /2008 Daily ES bar made a HH and a HL on decreased volume from Friday. Price closed within lateral movement from Wednesday June 11. Total daily range = 16 points Close of daily bar = 53% of the range today. ES daily chart starts on March 17 /08 - FTT of the ES M8 contract, and detailed annotations including gaussian will begin on the U8 contract.