You can tool these things up as you wish.
Think of market energy and how to encapsulate it for making money.
One of the best applications is to eliminate the higher risk zones of trading.
To just trade solid money making periods and keep yourself out of trouble when the movement isn't clear to you (translation: you lack skills to handle trading under expert conditions).
You can check out the source of and root of the term to best understand that it is a well chosen term. This is a great way for average people to separate the wheat from the chaff.
Here is an app that you can review. (see attachment)
There is a thread called SPM and it is a tough one to use to make money for several reasons. Skip those for a while.
Enter a person who has many many mistaken beliefs. Snarly. One example: he associates the duration with a MA with the type of trader, i. e., long MA with fund managers decision making.
He needs to have a way to make money by not exposing himself to myths and faulty reasoning. In other words, he is weak at monitoring the markets under any circumstances and is now using all sorts of indicators as personal inventions stemming from a method that has a very high component of descretion to be able to make money (the descretion cards have not been revealed objectively so far) Other use the conventional pre PC signals from indicators designed in pre PC days where the original defualts "bridge" in the post PC era of trading.
In the attachment signals are used from an indicator that does two things: makes strong trades LAST through price movement and secondly, prevents signals from occurring in times that are marginal for making money.
This is the ergodic approach and benefits.
Today there were holds, all profitable, going through the entire day. You do not have to look at price to do this type of trading.
I ask the person, snarly, to make a log of the trades to allow him to learn something. It will not happen it turns out. That is life for some kind of people who as reisitant to input and to thinking about making money.
This beginner level use of ergodic stuff, makes a lot of money and makes it steadily.
Try to do the log if you want to see the power of such a filter that is embedded in an indicator. You see a level of effectiveness that is very adequate for making a living.
by going further in reasoning and learning the markets much more money can be made on a daily basis. This takes a lot of understanding, however.