Just going to post these charts and let them speak for themselves. Up or Down.
ノート
ノート
ノート
ノート
ノート
ノート
Short crash on what R% and EWO indicator are:
I use both as complementary momentum indicators. When the R% is below the purple band its oversold or ready to move up or sideways. EWO just confirms when reversals/consolidations will happen.