If the angle of the bands is more than 35% up or down, it represents to us that the market is strong or weak in that direction and to trade same.
The angle of the bands can act as a secrete trend indicator using this pattern.
If the angle is firmly up or down, then there could be entry opportunities to buy Red Bars on the way up and sell Green Bars on the way down. Pay attention to the 4 to 9 bar cycle counts to time the entries. Meaning, the most market will, on average, move in one direction 4 to 9 bars before a setback or reversal is set up.
Past performance is not necessarily indicative of future results.
Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.