The indicator calculates running total of linear weighted returns. It transforms rates into integrated and difference-stationary time series with distinctive buy and sell zones. Buy zones are shown in blue, sell zones in red.
- period - number of bars to use for linear weighted calculation; default value - 96;
- smoothing - period for EMA; default value - 5;
- mode - an integer value for choosing calculation mode: 0 - long term trading; 1 - medium term trading; 2 - short term trading; default value - 0;
- price - price type to use; default value - open;
Best signal to buy - when the line becomes blue (crosses zero upward), best signal to sell - when the line becomes red (crosses zero downward). Also buy on corrections if the indicator is blue, and sell if it's red.