This is one of my wacky systems i like to use and gauge whether i hold overnight or night where nearing highs or lows or cant pick market direction.
5's a buy and 1's a sell.
Right now all the stochastics are suggesting selling except for the 15 minute ( early morning bounce ??), so for the trend to change for me the EMA's will start getting jumbled and trigger the sell's just as the sochastics have already done.
Very hard to explain this but might benefit someone who scalps as i do, when direction is confusing. Sorry if its a bit basic but i do like the simple stuff :))
I have shown the 1 on daily in 2008 for example.
Regards
Rob
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