Intraday Trade Setup with Triple Trend Oscillator

We have received several requests to explain the intra day trade setup for TTO  and  same is illustrated in the following chart :

Go Long : The short term TO moves above the long TO.
Cover Longs : When the short TO starts falling below the long TO and the price attains one final peak.

Go Short : The shorter TO starts falling below the long TO.
Cover Shorts : When the short TO starts rising above the long TO and the price makes one final bottom.

Long and Short trade setup using 5 minutes chart

 Why is it important to monitor the short TO ??

Any trend change first changes the direction of the short TO before the same is reflected in the long TO.  Hence the short TO forewarns the impending change in trend, thus preparing the trader to act accordingly.