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This is from a Yahoo infomercial claiming +100% return on investment!
The person claims when the green line crosses the red upward, it's time to buy and when the green line crosses the red downward, it's time to sell. It takes up to 3 years sometimes for the sell signal to appear, of course AFTER +100% profit!
I'd like to back test it but don't know enough about ThinkScript. Could someone please help?
GREEN LINE = [100 - (number of periods since 100 day high) / 100] x 100
RED LINE = [100 - (number of periods since 100 day low) / 100] x 100
Its a scam. he is using f-score to rank stocks and the indicator you are talking about is arron indicator. put it on a chart and see for yourself. Hope this helps.
