Hi Gorbie.....Does it mean SPX is overbought , oil/gold neutral and EU oversold ? Does it work well with shorter time frames ? rgds
Gorbie
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Hey! It's working good on a daily, weekly and 4h as well. Find your best trade when the indicators placed on the extremes. If indicator into overbought zone on a daily (or weekly), then it should turning to downward.
Kiggan
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Explain?
Gorbie
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It's to find the best trade for the moment. If the indicator in the overbought zone, then sell it. So, and vice versa. It's simple!