SCTR's

Inspired by John Murphy from Stock Charts, I build this indicator including the Long term, middle term and short term parameter. As John Murphy design, I kept the same proportion of the long, mid and short term as 60%, 30% and 10% but all could by modulated. This indicator is very simple and It range from 0.1 to 99.9, mean that full bullish is close of 99.9 and full bearish is close to 0.1. The 50's is the middle and mean there is no trend. As RSI, It could be interpreted as divergence or convergence pattern, and it's interesting to figure with RSI together to indentified the strongest of trend. You can learn more about SCTR's at stockcharts.com/school/doku.php?id=chart_school:technical_indicators:sctr

Enjoy this power full indicator