A RELATIVELY SOUND INDICATOR WHEN TO BE IN AND OUT OF THE MARKET

The idea is very simple: majority stocks in a 100 basket should trade above their 200 day average price to carry a strong trend. As a conservative investor if 65% of them dips below their 200MA you should be sidelined, until the majority gains strength again. If you are looking to take moderate risk you can use the 50 line, additionally you may switch to weekly timeframe to catch moves sooner, minding the risks that those can be fake moves and reverted before the end of the month with more likelihood than the monthly. For aggressive entries/exits one may use the 25 line. For entries out of the three supplementary indicators at least two of them should be in the positive in addition to the above.