WindFlow HTF is a useful tool suited to use in conjunction
together with my WindFlow indicator. This indicator will give you a
background vision about the price action trend on a higher timeframe, so
when it runs with the WindFlow indicator you have an almost complete
trading solution. At this point, you only need some support/resistance
analysis and a bit of focus to become a consistent trader.

Professional traders know that every timeframe is governed by its own
“above meaningful timeframe” but at the same time this higher timeframe
is driven by its own lower timeframe in an inner fashion; this means
that the higher timeframe will be late on the momentum moves than its
lower timeframe but at the same time when the move occurs on the higher
timeframe it is a meaningful move. This is a bit like the “wind’s
ballet” where different directional flows are mixed to form turbulence
or quiet moments but when the quiet is too long and strange, sooner or
later there will be a huge storm! I studied these concepts for years and
they never cease to fascinate me: market’s operators are behaving like
the nature’s forces, this is an awesome concept! Also, if you know
Fibonacci (alias Leonardo Pisano, an Italian mathematician genius) he
discovered a sequence which very often occurs in nature just like in the
financial markets.

[spoiler title=”Read More…”]

Now, one question arises: why traders (especially newbies) often have
hard time to be consistently profitable? Well, many times (almost
always), this happens because they are not aware of the market type; is
it ranging or trending? Is it quiet or volatile? Capability to spot the
correct market type is vital for your work as a trader just like the
ground’s conditions are vital for race cars success! “Expecting the same system to work in all market types is the definition of insanity” this is the sentence by a great market’s psychologist Van Tharp in “Market Wizards” financial book.

• Based on WindFlow trend’s dynamics (without momentum/volatility calculation but only meaningful trend direction)
• Very useful for technical analysis
• Works on every symbol and timeframe
• Optional use of “above meaningful timeframe” auto-detection or manual timeframe choice

• period: indicator’s period
• strength: indicator’s strength
• WindFlowHTFTimeFrame: allow selection of your desired TF to show trend dynamics (if WindFlowHTFautoTF is false)
• WindFlowHTFautoTF (true/false): enble or disable the auto-detection of the “above meaningful timeframe”
• LoockBackBars: how many bars it look back for calculations (100 by default is enough to have correct calculations)

[/spoiler]