A bit counterintuitive. I first was thinking that the Big player (smart money) were the driver in the market. But think about it, they can do nothing without some fool to trade with them. It is dumb money that controls the market. I created my own indicator to ID smart and dumb money movement. Smart money waits for dumb money to start selling, and they start...
How about an indicator that shows the days from the last data point of a statistical chart, such as PMI or any government state, to the current date. Showing the lag before the release of data. Just seems to me that in these difficult days that government may be fudging the numbers. Also holding back on the release of stats for public consumption. Maybe they...
Imagine, you run a strategy and you are looking at the equity chart to see over time how and when it was profitable. It is a timeline showing your equity if you had been trading. Now imagine that the equity chart has cross hairs just like the price chart, and in this case, your cross hairs on the equity chart match the same time as the cross hairs on the price...