What is the Mr. T Gold Indicator?
The Mr. T Gold Indicator is a proprietary technical indicator created by Minyanville to identify and anticipate prospective exhaustion points in the price data for gold. Some technical indicators rely on formulas applied to the price data of a security, but these types of indicators can be very subjective, requiring an analyst to view the signals that are generated within the context of still more indicators! The Mr. T Gold indicator, on the other hand, is completely objective and easy to use. All you have to do is look at Mr. T. What could be easier than that? • How Does the Mr. T Gold Indicator Work? Good question. The Mr. T Gold Indicator is based on the five squares series of price points using .9444 for downside trend factors and .0556 for upside trend factors, multiplying either .9444 or .5556 by the close of the high (or low) that is referenced by the first series of price objective within the oscillating trend channels. Hahaha! Just kidding (although it would be cool if that re
