Indicators: BB_XMACD
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
BB_XMACD:
BB XMACD is a simple MACD (Moving Average Convergence/Divergence) indicator variation that allows to determine the points of a trend direction change and the current trend power.
The indicator is generated in a separate chart window and consists of two lines (blue and red) and dots that can be green or magenta. Changes of dots colors are good signals and the distance between the lines displays the power of the current trend.
As we can see from the sample chart, buy signals appear when magenta dots change to green ones and sell signals emerge in case of a reverse situation. It is better to make deals when the distance between blue and red lines is quite considerable.
Author: Nikolay Kositsin