[KRONOS] Flow

٨ أغسطس ٢٠٢٢

Description

The main indicator component is a white signal line calculated from the price and strength of the current market pair filtered using the Fourier transformation formula (by Joseph Fourier).

It includes

Trend confirmation. The grayish line is the signal line moving average which can either be used as a support/resistance line or as a strong trend confirmation in the case of a crossover/crossunder.
Oversold and overbought areas. These areas are marked with multiple hues of red and blue color for them to be more easily noticeable.
Extreme areas. Arrows around extreme areas are showing points where a reversal is very likely to occur.

How to use?

Buy/Long on a blue arrow (or after a crossover if you want more confirmations)
Sell/Short on a red arrow (or after a crossunder if you want more confirmations)

extra tip: use the zero line and overbought/oversold areas as a take profit area and place your stop loss at the previous swing low.