The Weekly 
            DoubleStoc Oscillator Shows the  
            Trading Trend For The Daily Chart  
            This stacked 
                chart shows two time frames. The top weekly chart has a DBS10 oscillator 
                that shows the trend direction for the daily chart below it. 
              From the 
              high in March in the weekly chart, the oscillator is moving down.  
            During the 
              month of March on the daily chart the DBS10 oscillator drops to a low 
              level, and then turns up. Trading the upturn in the daily oscillator would 
              have resulted in a loss because the trend was down based upon the longer-term 
              weekly chart; and the daily Buy Signal would be trading against the trend. 
            But, when 
              the DBS10 oscillator in the daily chart moves up to make an oscillator 
              high at A in early April, the weekly oscillator is still moving 
              down showing the trend is down, and the Sell Signal generated by the downturn 
              at A would have been followed by a profitable drop into mid-April 
              as the daily trading cycle bottomed at B. 
            On the daily 
              chart, B looked like a potential buy based strictly on the oscillator 
              in the daily chart in the bottom Window, but the weekly oscillator 
                was still moving down, indicating the trend was down. Rather than 
              buy against the trend, waiting for the DBS10 oscillator to move up and 
              turn back down again would have generated a trade in the direction of 
              trend into another trading cycle bottom. 
            
                
                  | Awareness 
                    of the longer-term cycles opens the door to using the oscillator in 
                    the longer-term time frame to show trend in the smaller times frames. | 
                 
               
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