One of the core indicators offered by (ShortcutAnalysis.com), Uranium is an amazing indicator for finding entries and exits. With 3 different lengths, you are able to decide how many confirmations you want before entering or exiting your position or use all 3 to scale in and out of your trades.
How to read the indicator: 3 lengths: Short Length - Red and Green line Mid Length - Orange and Blue line Long Length - Purple and Yellow line
Red, Orange, and Purple signal the indicator is falling. Green, Blue, and Yellow signal the indicator is rising.
Traders going long buy in the oversold zone as the indicators begin to rise and sell in the overbought zone when the indicators begin to fall.
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