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I use a simple indicator that plots the (high+low)/2 for a specified lookback period. It works well for identifying the overall trend and for possible entry points. But I was reading Gary's CL method and he uses his own custom indicator similar to "Alla's Average". What is "Allas Average"? It's a proprietary indicator that uses a "cycle engine" to determine the relevant prior swing figures. This seems better than using a fixed lookback period, but how to create a cycle engine? I think using the NT swing indicator and taking the prior N swing values for highs and lows would accomplish a similar effect. Does anyone know how to refer to the prior swing values without using bar references or have the skills to create this? Thanks.
