Its just three indicators in one. It is Bollinger bands, Keltner channels and momentum indicator all watched at the same time. He only made that indicator so he can see his charts and they wont be covered up with the three indicators. They are all set at defaults. You can watch those three indicators and they are exactly the same as Huberts one. Exactly. John carter gives a detailed explanation of this indicator in his book, "mastering the trade" in chapter 10 page 201 to 203. It's pretty straight forward. It's not a secret indicator and they share it in their book. He says in his book at the end of the chapter, that you have his permission to program it yourself and copy it if you know how to program. But if you are going to trade off this indicator alone, then you most likely will lose. He gives examples in his book where the indicator failed a few times. It's not 100%.
I tried this and got a Syntax error on line 40: "Reference error:vMA is not defined" does anyone know why?
would anyone like to be a hero and provide the code (or the link to the code) for the other carter/senters indicators in either esignal or tradestation? (scalper, bricks, TTM trend, autopivots) I can't find them on the tradestation site, at least not cross-referenced by those names. just like above, they are combinations of other indicators. I can give you the definitions if you want.
First of all thanks for all the excellent replies to my questions, I downloaded Nicksbigmove squeeze indicators into my tradestation platform and all I get are long straight blue lines, So I went to the tradestation forums and saw that "nicksbigmove" has helped hundreds of people with there indicators, so the problem must be on my end, I have attached a snapshot of how my squeeze indicator looks right now, Yet again, thanks to every who has helped me...