At ST market tops and bottoms, DMI diverges on average 24.45, signalling that the market can no longer sustain the slope of the trend. A total of 10 flashes, with a low of 14 and a high of 35 and one false signal of 16. But the low 14 was confirmed with other signals. Four times, the DMI was the lone signal. More risk can be taken when confirmed with RSI and candlesticks/reversal patterns.
Hammers and inverted hammers should have wick length at least 75% of the candle.
Prices hugging along the upper or lower band, 2-3 candle bodies closing outside the Bollinger Band, with 1 complete body closing outside the BB are enough to cause a reversal.
EMAs: the 100-day was hit the most on the hourly for a total of 19, followed by the 20-day BB heartline for a total of 14, and then the 50-day at 11. At no time was the EMA a signal of ST market tops or bottoms. Final configuration should be the 180-day for LT, hearline at 20, and the 100-day.
RSI divergence occurs once and was very reliable. RSI double bottom and top each occurs once and are very reliable. RSI overbought/oversold condition for an hour without prices making new highs or lows is enough for a ST reversal.
NOTE: Zooming out the chart makes identifying patterns easier.