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Could someone point me in the right direction as to what the actual formaulas for the STL consists of?

We won't reveal the exact formula but we can tell you some things to look for.  The most important and the one that we encourage everyone to know is a market close, based on the $WLSH, above (green) or below (red) the one week ago close.  The yellow signal which must lead (and usually does) to make the change reliable is more complex and based on the the hourly chart.  This time the signals occurred simultaneously and we went directly from green to red, usually there is a yellow first.  It is only changed intraday after an hourly close and never before 11:00.

 

 

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