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The TurnSignal algorithm is a complex blend of well-established and proprietary analysis techniques which identify individual characteristics of the price movement to determine when the market direction is changing. When our calculations show that the market is moving to the upside, there is an audio alert, and the bars on the chart are colored green. When our calculations show that the market is moving to the downside, there is an audio alert, and the bars on the chart are colored red. While the market maintains a direction,TurnSignal is designed to keep the color of the bars on your chart the same for as long as possible. These color changes very often make excellent places to look for entry points because they occur very close to the tops and bottoms of recent market movements.
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