In this scenario, I'm using the DMI in conjunction with the AO, & I've tried to pick a reasonable time frame on the days to analyze.
I tried to isolate a DMI "Wave" from any DMI (+) or DMI (-) to a next peak/trough. This is to try isolate the market participants and try to capture both their participation in the market.
Once located, I take a Volume profile and Anchor the Volume Weighted Average Prices (with their deviations) to the beginning. Next I simply tried to evaluate what the price averages were doing, (using the AO & DMI) I tried to gauge if there was a dominant or clear trend. Rather I tried to also find any time cyclical patterns of those trends.
Using this quick evalution "technique". Here were my results.
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My Sincere apologies. I appear to have used the 4-Hour time frame. I would however state that the concept and application would remain the same.