============= User 8; Well if blue line, is a stock, its a real underperformer ; but its not really a good short also. Unless you are a market maker, or something similiar[ like Don Bright trading .....;] intraday data does not mean much profit wise. Best indicators are found in Market Makers Edge, book by Joshua Lukeman; which has many multi-monthly candle charts, not saying you could be market maker;; [ i simply dont have enough info to comment on you being a market maker]. Simply sharing some wisdom. Ps Strangely ,,Joshua Lukeman also likes the number 8........
This was one of the first trading books I ever read and had excellent risk management parameters in the early chapters. I wish I'd paid attention to them back then, lol!
Murray T Turtle and NoDoji, Thanks for the tip. The blue line is not a stock, it is a parameter that caught my attention during data mining. See updated chart. The blue line is starting to spike up just now, but not very high yet. The spx uptrend may still have a bit room to go, but could be near its end. This system is for swing trading, not for intraday trading, although I do have intraday data that can generate updated intraday charts.