The Chart below shows a Multiple-Time-Frame Configuration. The first pane shows a weekly State of Trend, while the second pane shows the daily time frame (sync on last day). In the daily time frame, it might shows that there are some strength build up, and the weekly time frame shows a bigger picture.
The 3rd and 4th panes indicators were explained in the previous post...
And, the last pane indicator shows the composite signals of all the components strength. Probability speaking - 0% Bull, 38% Bear and the rest on side way.
The video clip shows the State of Trend for the 30 components.
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