TRADESTATION INDICATOR 2IN1 MOMENTUM-COMMERCIAL PROXY multicharts /paintbar

Description

Momentum. Cycles . Commercial
activity
proxy.
Base
indicator
is the only one I use for timing at extremes, cyclical feel and general momentum in the market. I have not invented the concept.
There are a few similar tools.
Virtually the same, the only difference the other one cost 10 times more
What i have done differently and on top thought that cannot be found elsewhere is attached
commercials
activity proxy to base indicator in colors. If new to
the
concept please look it up: COT report /
commercials
. Data is available from
Chicago
on futures for daily charts. So when the bottom of the cycle is supported by commercial
buying ( as demonstrated by the color at the bottom of the pane)
the chances are that much higher that price will follow thru and the opposite at he top
Very convenient as it saves space. No need to have a separate indicator for commercials.
Basically two indicators for the price of one and in one slot.
After payment you can choose to have:
Commercial
proxy  as
paintbars
so one can choose to have colors only and no momentum indy.
Commercial
proxy  as dots under and over the price bars
so one  only and no momentum indy.
basically you will have all three and see which one is most practical in your trading.
PLEASE CLICK this link
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ROMA115
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