is shown by the EMA Trend Indicator and the %Diff.
In the EMA
Trend Indicator, when the blue line is moving up and the red is above
the blue, the trend is generally up; and when the blue is moving down
and the red below it, the trend is generally down.
vertical lines run through cycle bottoms, and the blue vertical lines
run through cycle tops. These lines may or may not show up when you use
the template on the same price data.
Buy and Sell
Setups for DBS5 Entry Signals are at the bottom of the screen. A green
up-spike identifies a Buy Setup bar, and a red down- spike identifies
a Sell Setup bar.
As GE is
trending up the green cycle lines show the cycle lows on the price chart,
and these lows coincide with downside extremes in the Detrend. The combination
of a Detrend extreme and the Mechanical Buy Signal shows four high-probability Buy Signals that were followed by sizable up moves.
As GE tops
and moves down, the blue cycle lines show the cycle tops that occurred
at the upside over-extensions. Using the extremes of the Detrend to qualify
the red Sell Setup Signals resulted in four high probability Sell Signals
that were followed by declines, as shown by the red down-spikes that
followed the blue cycle lines.