This is an Buy and Sell Oscillator. Its show the trend reversal or change in price action of the market. This indicator is a combination of various moving averages. This is like a MACD but a very powerful version.
How To Use It
Below you will see an example:-
XAUUSD
EURUSD
How To Use It
- If green line gives crossover white line towards down then price is expected to fall.
- If red line gives crossover white line towards up then price is expected to rise.
- For better results of indicator trade after closing of crossover candle.
- There is a band +.20 to -.20 for better results trade on crossover happens between that band.
Below you will see an example:-
XAUUSD
EURUSD