Originally Posted by ValeoFX

Hi there,

Her work was published in her book called........"Technical Analysis for the Trading Professional" by Constance Brown. (ISBN 0-07-012062-2) McGraw-Hill.

Basically, she is saying that you use different settings in different markets, hence the different levels I have posted here. Let me assure you, it is 100% accurate.

Overbought in BULL-market is at 90%, but only @ 65% in a BEAR-market, but I am sure you can now work that out quite easily.

With this new signal-generator, I now can tell upfront which direction the HRLY-chart is heading and that is a plus. In the past I had to rely on manually checking it every hour, now it makes my life so much easier.

Best wishes.