3-10 Oscillator Swing Trading System

• 03/09/2023 at 11:40 AM #211196
  Jeki20

  @roberto

  Maybe there was a misunderstanding between 5 days “down” and 5 days “bearish…

  Sorry for that and next time I will be more precise…

   

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  robertogozzi

  

  Jeki20

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  03/09/2023 at 12:42 PM #211231
  JS

  Hi Roberto,

  My logic was this:

  Ind310 is the difference between SMA3 and SMA10, in a downward movement the SMA3 will always be below the SMA10 and the difference will be negative…

  With a further decrease, the difference between SMA3 and SMA10 will become larger or more negative (because the SMA3 will decrease faster than the SMA10)

  So, ind310 < ind310[1] indicates that a downward movement is underway…

  Bearish = summation[5](ind310 < ind310[1]) = 5 (if true) this indicates that this downward movement has been going on for five consecutive days…

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  robertogozzi

  

  JS

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