CS = Current Signal, 1 for long, 0 for holding, -1 for short.
NS = Number of Signals, sum of daily signals during the current trend period.
TP = Trend Period, how many days ago was new trend triggered.
IS = Instrument Strength, from 0 to 100, lower IS numbers and long signals better for taking longs than with higher IS numbers, reverse thinking for shorts.
New long trend period starts with CS = 1 and NS = 1 and TP = 1, all green.
New short trend period starts with CS = -1 and NS = -1 and TP = 1, all red.
Adding to a long position when CS = 1, green.
Adding to a short position when CS = -1, red.
Nice trades are produced when CS is equal to the absolute value of TP.
In plain words, when every day there is a new signal to add to an existing position.
Best practice is to initiate a position when NS = 2 or -2 and TP = 2.
Then keep adding when you see NS = 3 or -3 and TP = 3
and so on with NS = 4 or -4 and TP = 4.
Auto sorting every few seconds as follows:
CS with za
IS with az
TP with za
brings longs to the top and sorts at the bottom.
Use daily interval for swing trades, 30 min or less for intraday trades.
Put in the Watch List your own universe of instruments.
It can include anything that moves such as stocks, ETFs, futures, forex, commodities etc