As mentioned before, the chart is for short term traders who like frequent trades:)
Those who are trading the short term swings will enter off the red and blue oscillator lines while those who are trading the minor swings will trade off the pink oscillator lines. We'll want to trade off the pink oscillator lines to take advantage of the minor swings which will come earlier and are of shorter duration ( but not necessary less profitable or less intense in strength) than the short term swings. In other words, you'll be trading more often with the pink oscillators - they may be used independently off the blue and red oscillators- it depends on your trading profile.
Cheers
dascore
CEO Price at posting:
2.9¢ Sentiment: ST Buy Disclosure: Not Held