[dpaterso]

Hi,

Yes - I am only working with the daily charts (and this is already pushing my patience to the limit so the weekly and monthly charts would be out of the question).

As far as I can see this indicator will work on pretty much any timeframe though although I think that with enough investigation you'll find that there probably is a balance between timeframe and amount of profit particular to a certain pair e.g. I think it was on GBP/JPY - on one or two occasions I could see that you would have made far more on the four hour than you would have made on the daily but on other pairs the daily and longer make more profits - and that's another thing I've thought about i.e. what about opening positions based on the daily but using the four hour for stop losses or to lock in profit - the logic being that you get in on the daily but the retractment has to be far less on the four hour to get to a stop and reverse point thus saving those 'end reversal' pips. In other words - you'd not stop and reverse on the four hour but just get stopped out with profit - and then re-enter on the daily when the PSAR dot appears indicating a reversal. Not sure. Just thinking again - MY DOWNFALL!!!

Regards,

Dale.