The Blue Light study is frequently used in conjunction with the Super Awesome Oscillator (Super AO) study.
Like the Blue Light sales at the famous discount store, the Blue Light Study represents "bargain" in the market. The term is borrowed from department stores that put on special sales for a short period of time for the people who happen to be in the store at that time.
The market gives those who are watching the market closely a chance to sell at a higher price than the first signal, for example, a signal from the Super AO.
Blue Light Parameters
Parameters are selected on the Display window.