It could also be done using Stoch (at least more or less)
As long as the indi line is blue on the TF = arrow up on the dashboard
As long as the indi line is brownish on the TF = arrow down on the dashboard
But your smTMMS-Oscillator DB_v-1.0 in its current shape only tells us if price is above or below 50.
So we are missing out on a lot of important information:
I want to know - as precisely as possible - when price on the higher TF changes direction in order to be able to trade in this direction on the lower TF.
And I want to stay in the trade as long as the move continues - hence: down as long as the colour is red/brownish; up as long as the colour is blue.
As long as the indi line is blue on the TF = arrow up on the dashboard
As long as the indi line is brownish on the TF = arrow down on the dashboard
But your smTMMS-Oscillator DB_v-1.0 in its current shape only tells us if price is above or below 50.
So we are missing out on a lot of important information:
I want to know - as precisely as possible - when price on the higher TF changes direction in order to be able to trade in this direction on the lower TF.
And I want to stay in the trade as long as the move continues - hence: down as long as the colour is red/brownish; up as long as the colour is blue.
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