It can act as a secrete trend indicator using this pattern.
If the angle is strong up or down, then there could be entry opportunities to buy Red Bars on the way up and sell Green Bars on the way down.
Pay attention to the 4 to 9 bar cycle counts to time the entries. Meaning, most market will on average move in one direction 4 to 9 bars before a set back or reversal set up.
Past performance is not necessarily indicative of future results.
Next -> Momentum Models
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.