Where do I start the projection of the HSI TOOL?
HSI’s are used at a top or a bottom of a “swing”. It does not matter which chart compression you find it on – only that you find it. A 60 minute usually shows it very clearly. If the trend is down on the 240 chart shoot the HSI targets downward by selecting the sell button and vice versa for upward using the buy button. The default color is red for the HIS tool however for buy HSI targets you may prefer to change your color to green to represent the upward direction.
