Q: What is the Money Wave?

A: The Money Wave is a simple name for the Slow Stochastic 5,1 Indicator on the Daily Charts. Buy when the Money Wave is coming out of the Green Zone, and take profits in the Red Zone.

Q: What is the Green Zone?

A: The Green Zone is an Over-Sold level to Buy soon when the Money Wave (or Slow Stochastic) is Below 20. Buying in the Green Zone has a higher probability of success than Buying in the Red Zone (Above 80 on Money Wave).
The Money Wave must Close in the Green Zone (Below 20) to be a candidate for a Short Term Money Wave Buy Signal.
The Money Wave Closing > 20 creates a Short Term Buy Signal.

Q: When I get an email Buy Alert, what price do I buy at?

A: When a Money Wave Buy Signal will occur (Money Wave is going to Close > 20 that day) , we will email you an Alert 10-20 minutes before the Market Closes. Buy anytime before, or on the Close.  For logging of the final trade price, we will use the Closing Price on the day the Money Wave Closes > 20.

To shop for a better price during the day, many will go to the 60-min chart, and Buy in advance of the Close, but only if the Daily Money Wave is going to Close >20. Here we will look for  “Triple Buy Signals”.  Wait for the Investment on the 60-min Chart to at least cross up above the Pink Line (10-hour average).

Use the 60-min Charts here: Day Trading Scrolling Charts. and preferably wait for a “Triple Buy Signal”  (1. Above Pink Line 2. Above 20 on Money Wave 3. MCAD Buy).