How the analysis is done here;
The "LongBuyLongSellIndicator" & The "ProfitMaximizer" script Indicator is used for this price prediction and for the possible up/down side direction.
Steps to follow for some good entry on either way is :
1. Candle color change (Blue to Black or Green to Red Vice versa) is a signal for BUY/SHORT entry;
2. BackGround Color change (Red to Green /Green to Red vice versa) is a signal for BUY/SHORT entry;
3. Any Four combination of StrengthMeters (1 2 3 P D Up/Dn,PSAR;Green Strength meter shows BUY;
RED strengthmeter shows short) forming within two candle is good Signal for Entry BUY/Short
-- This Strengthmeter is the key for Most successful entries.
-- When all the #1 #2 #3 conditions are met,It is a holy place to take Long/Short entry without miss.
COMMENT below ,Hit the "Like" Thumb button if you like the analysis.
Script of the Indicator is below;
Backtested data using "Heikin Ashi" is below.