This goes along with the M-Range trade that Dick has described.
1. Medium is above its' moving average.
2. There is a strong trend with Cutter above 3.
This will plot a dot when those conditions are met.
M-Range plots white for 1 or more bars. If M-Range then plots the original trend color, entry is after the close of that bar.
Only take the first one after a pivot. They can be late so don't take one if the move is getting stretched out. YMMV.
The minimum for Cutter is selectable and 3 is the default.
I have been trying it on 3 for a slower chart or slower day. On a quicker chart, or as a filter, you might look at 5 or 6.
The NT8 version plots in white to go with the default nt8 background.
I was looking at the NT7 and NT8 versions side by side and I noticed some discrepancies. I realized that it was the cache and/or historical data.
Clearing the cache and deleting historical data fixed it. I'm doing this daily for now on.
This indicator comes as-is. Use at your own risk. I have no connection to KP or NT. Blah blah blah.
gmitch86 at yahoo.com