You will receive a group of 2 indicators :
– first one is a classic MACD + Signal, on which you can choose the periods you like (19,26,9 on provided examples). The background colour activates when the MACD enters an impulsive trend in a favourable environment. Green means an impulsive upside trend begins, red means an impulsive downside trend begins, no color means no impulsion, or end of the previous impulsion.
– second one is based on the same algorithm than first one, but displays arrows on prices (you can choose the periods you like as well, also I recommand to keep the classic 12, 26, 9).
Green arrow means MACD enters an impulsive upside trend in a favourable environment, hence prices should go up. Red arrow means MACD enters an impulsive dowside trend in a favourable environment, hence prices should go down. Grey arrow means previous impulsive part of the trend is over. Hence, even though the trend itsel could resume later, if you haven’t yet taken all of your profits, I advice to narrow your stop.
Reviews
There are no reviews yet.