20DMF in "Shorted protected 30"

[Pascal]

As you might have noted, the 20DMF went from a "shorted" status to a "Shorted protected 30."
As you know, a usual Buy Oversold signal is produced when the OBOS signal turns around to the upside after having closed below the -70 level. It however happens that a pull-back does not push the OBOS signal below the -70 level.

The "Shorted protected 30" status is entered as soon as the OBOS closes below the -30 level.
This is to say that if the OBOS at some point bounces and if that bounce is so strong that the OBOS +30 level is taken, then at that point, the system will revert to a standard buy signal.



Pascal