This Indikator is showing the strentgh of a cycle. Every cycle gets an Upward Momentum or Downward Momentum, this Indicator shows when the excess of a cycle is reached and it will probably reverse.
To help identify possible hard turns, Bull and Bear SIgnals are included based on a formula.
red cross = bear spotted
blue cross = bull spotted
red lines = bear reversal zones
blue line = bull reversal zones
black line = trend