After I discovered
RappidFyre's great indicator, I added a sort of "grading system" to is, to give a feel for where you are.
Credit goes to him for the study.
See their original post here:
Grading system is as follows:
>30 = PEAKED
20-30 = Strong Trend
10-20 = Weak Trend
5-10 = Up, no Trend
0-5 = N/A
....and vice versa for negative trends.
For those of you who have asked about my live sessions each week on the Simpler Options site, here is the link for the current $7 - 30 day trial. I have spent the last two years in the live trading room and personally believe it is the best trading room around. I speak each Monday and Friday from 11:00-12:00 CST and Wednesday from 1:00-1:30 CST. Hope to see you there. -Eric
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thinkorswim OP Trend Bars MTF (customized) Correct Updated, V2
OP Trend Bars MTF (customized)