Combined the RSI inverse of gold to USD with the Dollar index (or whatever stock symbol that may be inverted/complementary) with another asset/currency, like bitcoin, you can basically be well informed when a potential move is on the horizon. Settings allow for inverse settings and de-combining the two pairs as well as a nice cloud look if all the lines get annoying.
This indicator shows the ratio between the DJIA and the price of gold. When the ratio is below 5 it is generally accepted that a rotation from commodities to equities should be investigated. When the ratio is above 30 it is, likewise, advised to consider rotating from equities to commodities.
This is a modest improvement of the script to mark the key thresholds...
I know a Trader that went 18 months without a losing trade. This Trader averaged trading 700-800 contracts per month in the Futures markets.
The was not his only system but here were his rules.
He looked at the 60 minute bar and calculated the ranges of the bars over the last 3 months. IF the range of the Bar was Greater Than the 99th Percentile, He would Fade...
See 1st Chart Post For Specific Details. Custom Indicator Highlights Bars for Specific Days of Week. Works on Daily Charts and Intraday Charts. Option to Highlight One Day or Multiple Days.
![BTCUSD: [LAVA] Early Warning Indicator](https://s3.tradingview.com/o/OR24WHiv_mid.png "[LAVA] Early Warning Indicator")
