Added tie in to Put to Call Ratio for Signal generation.
The P:C signals are designed for broad market bullish bias.
Small green dots on the bottom indicate oversold with a low RSI.
Small blue dots on the bottom indicate a neutral market state.
Small red dots on the bottom indicate a medium-high to high RSI with an excessively bullish option outlook.
These added indications, if your ticker is correlated to the broader market should assist in noting bottoms on the hourly chart with green dots.
Small red dots should assist with profit taking and not be used to short the market, the general pattern should be buy during green, lighten to runners during blue and take profit on the rest of the runner if red shows up.