As you asked - spxbot blog


A daytrading reader ask about some features of the site. Stamina indicator is designed to evaluate how much energy is implicit in market conditions to complete the current move. It is somethig as the mirror of the Target. It is calculated separately positive (for long position) and negative (for short ones). So, the present values of 0.214/0 means that the market has (should have) 21.4% of the move ahead toward a high, and 0% in the downward direction. Position indicator is a pattern recognition tool, it fires 1 (or -1) when it detects the condition for long position opening and 0 when the position is supposed to be closed.