Here is an option strategy with the help of 4 indicators
Commodity Channel Index
Distance to Upper and Lower Bollinger Band
DMI
Parabolic
First I look at the emergence of a trend change through the Parabolic
Then I look at the 3 other measure of strengths
Most of the time selling naked works .
I am expecting my DMI indicator to move into green. Then by next week should it move back to red, I will act accordingly
Commodity Channel Index
Distance to Upper and Lower Bollinger Band
DMI
Parabolic
First I look at the emergence of a trend change through the Parabolic
Then I look at the 3 other measure of strengths
Most of the time selling naked works .
I am expecting my DMI indicator to move into green. Then by next week should it move back to red, I will act accordingly
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