Replies to post #6432 on MDA - Market Direction Analysis (MDA)

[augieboo]

CRACK! There went the RSL.

[augieboo]

This is my variant on Alexander Elder's "Elder-Ray."

Basically the idea is to buy when the lower field of the histogram goes blank and short when the upper field of the histogram goes blank. (Again, that's the most basic idea. It is possible to use it in a more nuanced fashion for better results.)