Still a work in progress. In the preliminary stages on the nomenclature to describe signals, etc. but basically here is how this is going to work. This is a price action signal and the probability of success is given by the score from 1 to 10, the higher the score, the higher the chance of success. With enough cash, any score can be profitable. It is assumed you will double down on the number of shares as the score increases. For example, if you enter on a score 3 at 1000 shares, you would buy 2000 shares once it hits a score of 4, and 4000 shares when it hits a score of 5, etc. So if you started at 1 with 1000 shares, you would be buying 512,000 shares at a score of 10. That said, in most cycles, a score of 3 or 4 is the maximum actually reached. You can also reduce the number of shares purchased by starting at score 2, 3, 4, 5, etc. before you make your initial purchase.
So you can decide which ETN to buy based on the score. Say JNUG is at 6 and UWTI is at 2. You might opt to buy JNUG since less risk. That said, as stated earlier, this is a price action signal, not a fundamentals signal, so the user should take all that into consideration when making a decision.
More to follow...