When near, intermediate & far period relative strengths get into sync just like moving averages, it shows maximum trend strength.
lets say ... near rs crosses 0... 1pt
interm also crosses 0... 2pts
far also crosses 0... 3pts
i use 10 21 55 time periodes which are selected as they will be in sync with my Rsi indicator settings of 10 21 rsi crossover.
Bearish Engulfing on monthly timeframe in NIFTY
14700-13500 levels are Major Monthly Demand
16000- distal line for Monthly Supply Zone
Disclaimer: I'm not a Sebi registered analyst, so consider this analysis as my personal opinion. Not an investment advice.
Analyse and take your own logical decision.