Alpha 06 - Yellow Line


 

The Alpha Yellow Line is a double stoch indicator. 

The default length is 8 bars.  The Yellow Line and Green Line are the same indicators, just the lengths are different.


We took it 3 steps further to make the Yellow Line better than before. 

1. We averaged the original result by 3 and plot the updated value to smooth the Green Line out.

2. We Added bars to the line to it to see the height of each new bar to determine the strength and weakness of each new bar.

3. We added cycle counts to each bar up and down.



See real math at work by showing true buy and sell zones to time your entry and exit. 


Past performance is not necessarily indicative of future results.


Past performance is not necessarily indicative of future results.



Trading Tips using the Alpha Yellow Line Indicator -

Coming Soon



Inputs:




Next -> Alpha 07 - Red Line



Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.