This indicator is based on the chapter from the book Street Smarts by Linda B.Raschke. Original idea is to use the 2 period ROC in a separate window, but I made this to use it on the chart. It shows days when the market changes from buy to to sell
I am using this method to catch only big moves. It works well but needs some tweaking espescially for exit. 30 Min and 1 Hr time frames are suitable. Indicator Setup Bullspower default setting (13) Bears Powerdefault setting (13) Accelerator default