The TradingEdge

[kiy]

order out of chaos=***eDiT

Has to be the Market internals...advance/decline and the volume that goes with it (momentum)...is...It...TRIN formula...contained within the volatility bands...Mean Reversion (trigger 0.90 and 0.10) could be %B goes centerline...and re-assess TRIN value...and "TREND"...
The trend of the TRIN= 20MA on 30minute chart below...(unless you want to add a 5MA...)or TREND= the stochTRIN...trend/direction.
...TRIN is key and trend/direction obviously is stochTRIN...another key...
I frequently sign off...Make the Market your friend...
Give back some to a good cause...
Ki...Kiy...Neph...theMatrix
...the TREND is your friend... also...
Only took all weekend...
http://stockcharts.com/c-sc/sc?s=$TRIN&p=30&yr=0&mn=0&dy=10&i=p38281783395&a=256325457&r=3202

http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=0&dy=7&i=p68818940955&a=242287439&r=5766

http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=0&dy=5&i=p75889801379&a=256025830&r=5697

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=1&dy=0&i=p63170086178&a=256025337&r=8103