The Delineator Analytic
Nuances, Signal Weight
Signal weight is displayed as a number on the System Status display of the Delineator.
Figure 5-3
Signal Weight represents the current strength of the signal. Long signals should have positive values while short signals should have negative values. The scale of the Signal Weight is from -1500 to 1500, with 0 being the neutral line. For long delineator signals a value of 300 or greater is considered to be a moderate strength signal while values over 500 are considered to be strong signals. For short delineator signals a value of -300 or less is considered to be a moderate strength signal while values less than -500 are considered to be strong signals.
Signal weights can be used to determine the desirability or size of a trade. Seeing a negative signal weight on a long delineator signal indicates a poor signal, and you may consider a lighter position on the trade, or ignore the signal completely. Conversely, seeing a positive signal weight on a short Delineator signal may imply the signal is not as strong as would be desirable.