This includes the Fozzy signal line which was a method used for directional confirmation trading:
- The "Spike" Signal line shows when to enter trades, and in which direction:
- If the signal line spikes up to
100, enter long at the open of the following day. - If the signal line spikes down to
0, enter short at the open of the following day.
- If the signal line spikes up to
- The original trigger for a "Fozzy" signal was when the 8 RSI crosses the 8 MA and this TDI is based off the original "Fozzy" signal.
