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Trend Line © MBY_LAB

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Hello.
This indicator uses the intersection of the moving average to output a trend line.

In general, the price at which the moving average crosses is interpreted as a meaningful point.

This indicator can be used by anyo
ne.

This indicator outputs three lines.
1. Intersection
This intersection is marked by a horizontal line and can be used as an appropriate stop loss section.

2. Trend line (upper)
This trend line reflects the trend line that reflects the maximum increase. In general, a breakout of this trend line means that the medium-term trend has been broken.

3. Trend line (lower)
This trend line reflects the trend line with the largest decline. In general, a deviation from this trend line is interpreted as a dead cat.

4. Color
The green color appears at the golden cross of the moving average, and the black color appears at the dead cross.
Notas de Lançamento
version updates.

Aviso legal

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