My Precious SmartWave Formula Ready for Action.
What does it do?
It monitors buys vs sells, since the market moves because people buy n sell,i kinda thought it would be important.
It also monitors price action in relation to that volume to determine if a lot of volume is gobbled up by (over-) leveraged positions.
It provides a good insight when to take some action.
NB.
The drawback and the losses it makes can be reduced a lot with a 2.5% stoploss and fib based TP's, i just did not care to have the script deal with those,