Thorough, looks like analysis involves about 3 dozen parameters. I have tried similar analyses over the years, always on the FTSE, usually with insufficient return to justify the time. Can we take it you are indicating you would wait for price to establish above 5300 and go long, or fall back from this level and go short, for just inder 200pts either way?
Just entered a straddle of DAX
2xDaxDec5700put at 44.1
2xDaxDec6300call at 34.8
when Dax was in 6000 level
Holding period: to Friday, if nothing happens, to Monday