Hello Baillie,
The original gramps' line came on a 25 SMA, the #7 blank template.
Mr. Hopwood used it specifically for his egy into the interior once price had already crossed back. All of this on 4H TF.
I looked at things on the 25 and later about the 20 defaultoption, by hand so no idea of anything aside from strange S/R.
The 34 SMA comes in Awesome Indior which juhanimi pointed out, using a default option 34 Slow SMA.
And additionally from: Raghee Horner's 34EMA Wave GRaB Candles @ cliqforex
No other reason.
The difference, as eye-balled, appears to indie that two parts of the market both react differently under these SMAs.
Now 2008 was rather a nut, and that will explain some de-connexion.
Notice how the z-scores listed (only watch the extremes) are now considerably higher, not as absolute values but working up a 6 SD range. Z-scores of / - 3, on majors, on the monthlies are infrequent and always significant.
This USDJPY looks very different from other majors. There's been a huge run-up to by now plain as day S/R.
The neat thing is that you could try anything you like and answer your personal questions.
It's likely that person Pairs and TFs could be tuned by setting a particular SMA interval, if they're behaving with some consistency.
Ideally, if one transactions on well known pairs and TFs and too few or too many lines pop up, an individual can very soon find a better setting.
Also, anything helpful indemo trade* is very likely to be picked up on sooner.
The most important would be receiving some major lines, from high TFs. Subsequently watch PA etc..
But those lines only exist due to all the gathered moves front. The ones we trade.
The pips arrive in from right to left and the decreased TFs will huff and puff like porridge cooking.
Very entertaining:
Pumpjack.mq4, Z Kit - USDJPY 25 SMA on Close.