Oscillating Indicators and Multiple Time FramesE-mini S&P 500 FuturesCME_MINI:ES1!SpekkioIn this video I showcase a little known indicator called Phoenix Ascending. While using Phoenix Ascending I largely focus on capturing moves that emerge when the blue line moves from one extreme to other, or often called 'overbought' area and 'oversold' area. I find it difficult to get in to setups in a timely manner if I only use the 1 time frame I intend to trade. Using a lower time frame allows me to get into an entry at a good price. Higher time frames than the one I'm trading are largely used as a compass, and determine if I want to even take the trade or not. They provide context for the possible move. Blue Line: Slow moving linear regression line of the green line (green line not shown in this video because I don't use it) Grey Line: Difference between the green line and red line (both lines not shown, more noise) Yellow Line: Stochastic RSI. Used for a different purpose in each time frame. I plan on making more videos about this indicator and how I enter my trades. Let me know if you have any questions, because I would love to answer them. My goal is to introduce more traders to Phoenix Ascending!