1. Use the indicator on any market or time frame you like.
2. When you see a buy or sell label, it means there is a possible reversal point about to happen. When you see a buy label, it means the market will be going upwards (good time to buy), when you see a sell label, it means the market will be dropping (good time to sell). The oscillator also helps confirm market reversals with buy and sell arrows.
3. When the indicators moving average is green, this means the market is "BULLISH" and it is only best to take buying trades. When the indicators moving average is red, this means the market is "BEARISH" and it is only best to take selling trades.
4. You can place your take profit and stop loss based on the indicator moving average. For example, if you take a buying order, you can simply hold the trade until the moving average turns red and then you can get out of the trade.If you take a selling order, you can simply hold the trade until the moving average turns green and then you can get out of the trade. This indicator is great for short term trading as you can get in and out of trades fast.
5. Exit the trade when the trade hits your take profit target.
The time frame that we find the most profitable for this indicator are from between the 30 min time frame up to the hour 4 time frame.