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The OCTO Indicator is a new and easy to use zero-crossing trend/trend reversal indicator that provides entry signals for both long and short positions. It is based on High/Low divergence and correlation of the values over time.
Reliability of the indicator has been backtested with an example trading robot.
How to use The OCTO indicator is added in a separate window, showing a red and a green indicator line, as well as the zero line for crossing. You can see an example of the standard look a