Combined approach

Posted by Scriptaty | 1:00 AM

The TD REI displays smoother readings than many other oscillators using similarly short look-back periods. By incorporating unique smoothing techniques in combination with specific price criteria, the TD REI offers a different way to identify potential shorter term reversal points associated with overbought and oversold oscillators. The indicator and pattern’s objective definitions and rules also make it possible to systematically test trade ideas based on them.