It may sound like Greek, but Paul Levine created his MIDAS Method after he made a major discovery in the mid-1990′s about the uncanny ability of these lines based on volume and price to act as support and resistance.  We’ve gone a step further and added standard deviations to the bands based on the work of an existing indicator from the TradeStation forum.  See how they have acted on US 30 Year T-Bonds since the Fed announced its quantitative easing program on March 18, 2009, and how the eMini S&P 500  rocketed off confluence today.

We’re using this opportunity to launch the Free Resources section of our website, where we’ll be posting indicators (including code) and helpful articles that we create or come across.