ParaEye

This indicator compares the movement of a longer term moving average with the difference of a shorter term moving average minus a longer term moving average. The indicator uses standard deviation enabling it to focus on just change/variance overtime. This aspect will allow ParaEye the ability to survive the test of time and continue to produce reliable insights into the future. One essential takeaway you must be aware of though is the ParaEye is only able to provide insight into parabolic movements in price that occur on a log price chart. However, there is a hidden golden aspect to this indicator though that is universal and able to provide insights not only into parabolic movements but others still across many asset classes. I will be sharing that sometime in the future.