Tradrz Edge tracks market volatility and momentum simultaneously while also picking out key divergences. Divergences is a tool traders use to spot immediate reversals in trends.
When using Tradrz Edge:
BRIGHT RED indicates downward momentum
DARK RED indicates upward momentum out of a downtrend
BRIGHT GREEN indicates upward momentum
DARK GREEN indicates downward momentum out of an uptrend
If the indicator is printing BLUE, this is a time of extremely low volatility and the price is not likely to fluctuate a large amount.
Divergences are noted by the green and red lines labelled "BULL" and "H"
BULL indicates a bullish divergence
BEAR indicates a bearish divergence
RED "H" indicates a "hidden" bearish divergence
GREEN "H" indicates a "hidden" bullish divergence