This employ the multi time frame analysis to give you the most accurate retracement signal.
The entries are fairly simple.
Buy = color turns green, then turn blank
Sell = color turns read, then turn blank
I wrote this indicator as an attempt to see the Relative Strengths of different sectors in the same scale, but there is also other ways to do that.
This indicator plots the normal distribution for the 10 sectors of the SPY for the last X bars of the selected resolution, based on the selected comparative security. It shows which sectors are outperforming and...