DrNefario wrote: Sun Jan 31, 2021 11:45 pm Hi Josi, yes I did 6 linear weighted and 3-period for the moving average.

Possibly you could reduce false signals if you used a filter.
Update: check how price moved up shortly afterwards.
But I must say: it is a very good indicator.
See examples:
(I also gave the example of the 16-EMA-5-EMA)
2nd update: and it happened again, after US open - see 3rd screenshot