A intraday/trend buy signal occurs when price bars turn green. A sell signal occurs when the bars turn red. Also on the charts is an intraday forecast for several trading days ahead from the Donald Bradley psychological indicator - which is very good at finding important short-term turning points in the market. This forecast is shown by the blue/green 'zig-zag' indicator on the chart and forecasts for several trading sessions ahead. Note the forecast DOES NOT CHANGE; once in place it stays there indefinitely.
The chart below is posted on Jim's intraday analysis page, which shows the dominant hourly cycle (in aqua), as well as the proprietary buy/sell signals from this model. A green arrow shows up when a BUY/LONG signal appears when both the daily and the hourly cycles line up in the same direction. Conversely, a red SELL/SHORT signal appears when both the daily and hourly cycles are pointing lower. A blue NEUTRAL arrow is the exit point for any open position: |