This was not trading advice at all.mwaschkowski wrote: Thu Oct 22, 2020 12:32 am 1) But aren't both lines pointing up in the grey zone? How would the slope filter out if both pointing up?
2) OK, thanks. I'm testing it out as well but having trouble deciding on its usefulness. I'm thinking could be good with a confirmation like nema or similar...
You trade the WPR like you would a Stoch.
Basically you have a fast and a slow Stoch in one subwindow (presumably 14-3-1 and 96-3-1).
What I was talking about - especially for MrTools who made the indicator - was the thick lines of the indie's histo (and under what conditions they get painted).
I never wanted to "filter out" a valid signal but include one that - I think - is missing.