Early Reverseal Signal Indicator (ERSI). [Fournier-Eaton]

ERSI: EARLY REVERSAL SIGNAL INDICATOR



ABOUT:

• ERSI is an dynamically sensitive trend-strength oscillator.
  
• ERSI uses a weighted best-fit synthesis of volume metrics, money flow , and self-adjusting lengths and look-backs to capture optimal buy and sells signals.
  
• ERSI default settings are optimized for a 1-month view, 30m candle
  

Default settings are generally suited to 1 month chart with 30min candle
Gray -> Red = SELL
RED -> Gray = BUY
Early Alerts: crossover of black and red lines.