[torero]

Has anyone put this backtesting in TS? If not I'm willing to do and share the results with you all. I can convert it into a strategy and see if it's profitable or not. I'll be back on March 7th so I can get started then.

I need to get more examples on this indicator so I can have a clear understanding how this works. Any details (links, etc) would greatly help.

So I'll start with questions:

1) what is considered a dominant momentum? big green histogram? how big and how long is it? Does it have to more of these than red histogram?
2) What about divergence? For example, while prices are making new high, but a green histogram is smaller than the last green histogram peak. Any consideration in that?
3) The signals to trade only when the dots turn blue? Where do we exit? When it turns red?
4) What stops are used? Trailing stops, hard normal stops?
5) Target profits?
6) What timeframes are recommended? Tick or minute charts?
7) What instruments are recommended?