This System was created from the Book "How I Tripled My Money In The
Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Fast Oscillator is higher than 50.
This is calculated on the current day.
simply took the high, low, and closing price from the previous period and
divided by 3 to find the . From this , traders would then base their
calculations for three support, and three resistance levels. The calculation for the most
basic flavor of , known as ‘floor-trader pivots’, along with their support and
- For purpose educate only
- This script to change bars colors.