How Do We Use It?
What makes an innovative indicator? Well, that’s what Taylor set out to answer during the process of creating his new Big 3 Buy and Sell Signals. An innovative indicator should tell us when a setup is bullish or bearish, when and where to get long or short, and when to GTFO (Get The Funds Out). With the proper tools, we should be able to gauge whether a setup is worth our time (for longs or shorts) in a split second.
Taylor’s Big 3 Buy and Sell Signals is a product of this time and research, and now for the first time, you can have it on your charts too! This indicator prints 2 separate colored arrow for easy reading: a green arrow to signal that the bullish criteria is met and a red arrow to signal that the bearish criteria is met. Let’s dive into this a little more. When the green arrows are printed, that timeframe and the timeframe above it meet all of Taylor’s bullish criteria. This serves as his “buy signal”, and so long as it’s active, the path of least resistance is to the upside
When the red arrows are printed, that timeframe and the timeframe above it meet all of his bearish criteria. This is his “sell signal”, and so long as it’s active, the path of least resistance is to the downside. Additionally, this indicator has labels at the top which print across multiple timeframes for added confirmation of the strength of a particular setup.