A new Trading Indicator: F-Score

I was looking around for new technical analysis tools and I came across something called the X indicator: The below link is from a website that is trying to sell you something but I took a long hard look at what this guy was doing...the website  has a video presentation. If you watch it, again, hes trying to sell you something like an advisory service. But I found out what he is doing and what indicators he is using.
The link:
http://pro.moneymappress.com/MMRWND129/PMMRR7BJ/?iris=390803&h=true

It turns out that what the red line and the green line is a form of the Aroon Indicator, which can be found on stockcharts.com.

I have found that if you go to stockcharts.com and overlay the Williams%R with the Aroon Indicator and the ADX with - and +, DI (the red and green line with the solid dark line) you pretty much have his indicator and it is more accurate than what he is using.

What this guy is using in his presentation is an attempt to make an easy graphical representation of the actual study paper from the University of Chicago on how to accurately predict value stocks with a very good filter. The actual study and corresponding links are found through the below link:

http://www.stockopedia.com/content/one-indicator-to-rule-them-all-the-piotroski-f-score-66530/

This is an excellent starting point in discovering about the Piotrosky F-Score. It has 9 perameters to screen out stocks that have a great chance in making some big up moves. And it does not involve a chart like in the guys video presentation from the first link on this page.
It turns out that my indicators that I use, the Aroon, the ADX with -DI and +DI and the Williams %R is actually more accurate if you are looking to use indicators. You can find these on stockcharts.com.

The above is trading for the more long term. This is if you plan on holding a stock for min 6 months. With the 6 month+ model you can go through 3 thousand stocks with a preprogrammed scan from the above 9 criterion.
Check it out.

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