Working great on higher timeframes! Best is to check performance for certain timeframe and then trade on the signals, so far 4H-24H range works best. 9H had best performance on MAIDBTC, but seems lower Timeframes doing well too on BTCUSD. Just check under performance and try it out! :)
I just found this and in applying it to several assets I hold and have been watching, it appears to work beautifully for 1-day candles over a year. Thanks so much for this.
TheTrex
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@appaofthree, I'm very happy to hear this! It's a simple indicator but can give a good approximation of where to sell and buy.