GDX Next Buy signal

[Pascal]

pascal,

i love the new gdx rt! it seems very straightforward and easy to follow without needing a lot of background rules to remember. just wondering, is there supposed to be information in the "intraday signal" box at all times? there was information in it at one point but not presently.

thanks,
lisa

Thank you Lisa. I am still collecting data and writing a document to post in the next days.
The Intraday Signal is used only when there is a signal change during the day.
For example, we are now in a "Bought Protected" stage. if we cross below the short level during the day, then a non-confirmed short signal will be issued, and from that point on, as far as we stay below that short level, you will see a "confidence level" appear in that box.

When that confidence level is higher than a certain value (originally it was 90%, but we lowered it to 80%) then a "confirmed short" signal is issued and the Model status changes to "Short"

Also, you do not need to follow the model during all day. Just watching for the last 30 minutes will allow you to get the most important changes on which to act.


Pascal