Thank you for purchasing an indicator or bundle from Kenzing®. This brief introduction contains instructions on how the indicator functions. Information on how to access the indicator after purchase is not included in this document and can be found in the Read Me FAQ document.
Understanding the Technical Indicator Pool
The Technical Indicator Pool is a strategy that operates on the premise that when many technical indicators project the same sentiment, they are concurrently more precise. The technical indicator pool contains five indicators
1. Small MACD Moving Average (SFMA) (10,15)
2. Large MACD Moving Average (LFMA) (13,18)
3. Parabolic Stop and Reverse (PSAR) (0.05, 0.05, 0.05)
4. Relative Strength Index (RSI) (14, 70, 30)
5. H/L Pivot (13)
When all five indicators project the same sentiment within a defined period (known as BarPeriod), an order is placed in the direction of sentiment.
Note: Due to the nature of the indicator pool, such as the moving averages within the MACD and RSI, false positive may occur before the bar has closed within the time stamp.
This point of reference is to be used in combination with an arsenal of trading tools and should not be used as direct investment advice.