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TAIO Indicator

The TAIO indicator is useful for detecting overbought/oversold and trend conditions. Multiple color modes are provided to color the indicator on the behavior of the indicator. This coloring is also available in the price chart and on the ribbon bar. The indicator can also be displayed in a higher time frame to see the trend of two intervals at the same time.

**Price chart with colored bars and signals through the behavior of the TAIO indicator. The lower pane shows the indicator with a second TAIO indicator that is calculated over a higher time frame.**

The default “Trend Level” value is defined with 50 which means that a trend is detected if the indicator value is above +50 for uptrends or below -50 for downtrends.

**Comparison of the five different color modes**

**Activated Ribbon, Shadows, and second time-frame TAIO indicator**

January 2, 2019

CFTC RULE 4.41

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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