Ready Aim Fire – How do I read the RAF indicator?

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Simpler Trading Team

1 min read

What is the RAF study and what does it do

How do I read the Ready Aim Fire Indicator? 

Oscillators: These are the lines which will track when price is approaching background historical levels or support and resistance in order to determine probability of holding new levels. 

Magenta (Pink) – Primary Oscillator –   Most impact on price, identifies turning point with oscillator movement
Green – Faster Primary Oscillator – More sensitive for identifying advanced signals to magenta line
Cyan (Light Blue) – Secondary Confirmation Oscillator – Alternate calculation line which will act more as a confirmation

Arrows: These multi colored arrows will identify points in time where the oscillators are turning over either to the upside or to the downside.

Magenta (Pink) Up –  Appears when Primary Oscillator turns upward

Magenta (Pink) Down – Appears when Primary Oscillator turns downward

Green Up – Appears when Faster Primary Oscillator turns upward
Green Down – Appears when Faster Primary Oscillator turns upwards

Cyan Up – Appears when Alternative/Secondary Oscillator turns upward
Cyan Down – Appears when Alternative/Secondary Oscillator turns upwards