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koutix's avatar

I have a question (except if it is a secret sauce) to get a better understanding of your charts/Analysis

Of course, when you have time

What represents the blue line (or line) at bottom of your charts ? Any cycles ?

Thanks again for Bonus (Midday)

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Trading On The Mark's avatar

On the 65minute SPX chart and the 240min ES chart, the indicator at the bottom is called the Lomb Periodogram. It is another cycle detection method. The math is different but operates sort of like a smart stochastic. It is a built-in indicator on my charting software, Wave59.

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