Green Line Buy / Sell Zones

Alpha's Green Line Buy / Sell Zones - 

The Green Line (GL) is Walter Bressert's famous DoubleStoch indicators that has been improved over time by adding averages, cycle counts and bars along with the single line. 

Walter had the length set to 5, we default it to 4, but can be updated to the setting the best fits. 

The GL is the sister of the Yellow Line (YL). The only difference is the length of the YL is set to 8. Walter used 10. 

How to trade this model?

It is simple, when the GL is in the buy zone, below -70, start to look for the market to turn back up. When the GL is in the sell zone +70, start to look for the market to turn down. 

It is best to trade in the direction of the current trend. Meaning, if it is trending up, look for the GL to get into the buy zones to go long. But, in normal market moves, one could trade both sides of the zones. 

The Green Line plays an important part in Walter Bressert's Best Trade model. 


Past performance is not necessarily indicative of future results.


Market Pulse - 

The Green Line Buy / Sell zones are track on Market Pulse on up to 15 different time frames. 


Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.