this is the Robert Krausz trend indicator/stop-loss discussed in the AUD post (3 week sma of high offset 1 week) for bear trend.Quite an extreme deviation but that could just be an indication of the strength of this trend ? Nevertheless it does suggest a contra-trend rally could be quite sharp.
Actually I think he called it the Hi-Lo Activator
May 5-12, 2024 – To the Edge and Beyond
4 hours ago
Hey Chart, your weekend charts are an array of excellence. You produce great stuff here.
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TheChairman
Thanks Chairman ! appreciate the kind comment
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