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Buy Signals: Base & Conversion Lines Crossover
Once a significant price level has been identified in a market, we can begin to scan for an entry point on a lower to higher timeframe that is converging.
-The Base and Conversion lines confirm a change in a trend by calculating its midpoints.
-The these two lines plot the midpoints of the last 5 days and the last 13 days.
-As these two midpoints meet and eventually cross, it confirms an increase in demand and with buying also comes a decrease in supply.
-The Base and Conversion lines confirm a change in a trend by calculating its midpoints.
-The these two lines plot the midpoints of the last 5 days and the last 13 days.
-As these two midpoints meet and eventually cross, it confirms an increase in demand and with buying also comes a decrease in supply.
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