The change on the white line is very small and can be ignored if the market does not stop and reverse. You can place a trade when one candlestick has closed beyond the white line and the next candle goes in the same direction. Set your target as target 1 (green) or target 2 (yellow). You have to watch out for levels of support and resistance in between though.
Hi
i use this indicator not
The white line is changing every tick
please explain that for me.
How to use this indicator best.
Hi
i use this indicator not
The white line is changing every tick
please explain that for me.
How to use this indicator best.
Hi Renkotrade,
The change on the white line is very small and can be ignored if the market does not stop and reverse. You can place a trade when one candlestick has closed beyond the white line and the next candle goes in the same direction. Set your target as target 1 (green) or target 2 (yellow). You have to watch out for levels of support and resistance in between though.
Regards,
Ramoletane
hi
what is the best timeframe to trade with this indicator?
thank you.