The HGI indicator is the final indicator proposed by nanningbob for his "10.0" system.
It uses moving averages on several timeframes. Probably high low (zigzag logics).
The problem is that when you refresh it, it is pratically totally repainting. However nanningbob claims to be able to make over 20 000 pips per year with it.
Not sure how, I have played with it in backtesting. It's not that good.
If you have some ideas, don't hesitate to share.
More information : stevehopwoodforex.com â€¢ View topic - HGI