FourXXXX wrote: Thu Oct 27, 2022 11:50 am I use 5M and 15M, it is hard to tell from just the one chart you posted. You are correct to use the second dots, take trades away from the large dots and in agreement with the RSIOMA. Xard has coded the background colour on the main chart to show what the RSIOMA is doing.

Dear Mr FourXXXX,

Good day to you.

(1) When there is a red dot in white appears, follows by the 2nd red dot @ no 2nd thought about taking buy trades. Market is in pull back mode after a strong move to the upside. Is this correct?

(2) Assume the market is in the up trend, what are the indications for a re-entry?
(a) Green dot at Channel
(b) Green dot in White, at Channel
(c) ....
Images attached.

Your comments are much appreciated.

Thank you.


Sincerely,

Stuart