This template has been used by many people for quite some time.  It's based on the principle of finding an established higher timeframe trend in relation to your execution timeframe, then finding a pullback against that longer term trend.  Entry is when the indicators signify that this pullback is over and the shorter timeframe is rejoining the longer term trend.  

Entries are only taken when there's symmetry and/or strong Fibonacci support or resistance levels in favor of the trade.  In other words a clear pattern of higher highs/higher lows, lower highs/lower lows, or a clear Fibonacci based reversal or continuation pattern in play.  If you don't take this factor into consideration and just try to take every trigger from this template, you will get chopped up.

The template's operation is very straightforward.  When the Next period Ergodic Candlestick Oscillator (ECO) is above zero, the template is looking to the long side.   When the stochastic drops below oversold, the paintbars on price turn green.  This is an alert for a possible long side entry.  Entry is taken when the bar turns back to yellow as long as it has taken out the high of the last green bar without taking out the low.  In other words, price must confirm by resuming the rally.  The paintbar turns back to yellow when the stochastic crosses back above the oversold line.  When the ECO is below zero and the stochastic rises above overbought, the bars paint red.  Entry is when the bar turns back to yellow while taking out the low of the last red bar without taking out the high first. 

You can read more about the ECO on the Fibonacci Trader site in the free journals section. 

The paintbars will function whether or not you display the ECO and stochastic on your chart.  The paintbar calculations are done separately.  So if you'd like to alter the paintbar functions, make sure to edit the paintbar indicators too, not just the ECO and stochastic.  For example, the template has overbought and oversold levels on the stochastic set to 90 and 10.  Some people prefer to use the more traditional 80 and 20.  In order to have the paintbars respect these new levels, you must edit the paintbar indicator in the chart's indicator window, not just the stochastic itself.

Installation:

While the instructions are about the templates - this installation will also give you the basic indicators too.  They will show up in your indicator window.  This is for use with Fibonacci Trader software only. The indicators are available for a few other packages but I don't know how to get them to work across multiple timeframes.

If you need a copy of Fibonacci Trader, please visit:

http://www.fibonaccitrader.com

The templates will work on the 30 day trial version of Fibonacci Trader too.

Bolze Template Instructions:

http://www.mjbraun.net/Files/dbindsetup.exe

You can download that and install it with FT closed.  It will appear as though you're reinstalling the program but it's just adding the indicators and templates.  Most likely you'll need to reboot afterwards, so make sure that all your programs are closed before proceeding with the installation. 

Once you've opened the program again, create a tick chart - such as our ES 943/2828/5000 chart (for YM 144/432/1000).  The third value isn't used by the template; it uses Own and Next data only.  Ideally you would want to use a Next value set to 3 times the Own value, but a multiple of 5 is acceptable too.  Setting it to 5 times the Own value will slow down the reaction time on the Ergodic indicator.  You can experiment with this or run both side by side and see which you prefer, or take the triggers when both are in agreement, etc.  For example, on a time based chart both 3/9/anything and 3/15/anything settings would be appropriate.

Right click the chart and select Templates.  Apply the Bolze 55t template to that chart.  There are 2 templates; since the tick version was originally for a 55t Russell chart, its labeled as such.  But it applies to any tick chart.  The template labeled 3 minute is for any time based charts.  I have the charts using this template set to regular trading hours by the way.  The template also includes a woodie cci combination.  If you like having that up, fine.  I opened the indicator window and removed that, replacing it with a 50 CCI and the support 14 and 6 period CCIs.
 
Remember that the Next timeframe should be set to approximately 3x the Own timeframe.  Highest timeframe doesn't matter as it's not used by the template.


If you make changes to the chart, you can then save it as a new template in case you'd like to apply it to other charts.