Visual Aid

Upper/Lower Dots

• The indicator features dots in green, yellow, and red, positioned at upper or lower points of the chart. These dots signify that a crossover event has occurred within the indicator's wave, with each color correlating to a specific wave within the indicator.

Colour Coded Background

• The background colour serves as a visual cue to the market's condition:

  • a red background signals that the green and yellow waves have entered the overbought zone

  • a green background signals entry into the oversold zone.

  • white background slices indicate that the green wave has crossed over in either the overbought or oversold territory, providing a visual representation of potential market turning points.