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Holy Trinity Pluss

Holy Trinity Pluss

This indicator is quite similar but different from the Holy Trinity Peaker indicator – equally having the upward and downward price direction which equally implies that it can help to determine a buy or sell action.

  1. Upward Price direction
  2. Downward Price direction

With this indicator, we can look out for an opportunity to buy when:

  1. The current Main Vertical Lines crosses above the Moving Average Signal Line or
  2. The current Main Vertical Line Crosses upwards above the zero line while the previous vertical line is below the zero line or
  3. The current Main Vertical Line is greater than the immediate past Main Vertical Line.

Likewise, with this indicator, we can look out for an opportunity to sell when:

  1. The current Main Vertical Lines crosses below the Moving Average Signal Line or
  2. The current Main Vertical Line Crosses downwards below the zero line while the previous vertical line is above the zero line or
  3. The current Main Vertical Line is less than the immediate past Main Vertical Line.

Holy Trinity Pluss is characteristically different from Holy Trinity Peaker in the sense that it depicts a more frequent change in price direction unlike the second which can be more stable (in a particular direction) for a longer period of time. Holy Trinity Pluss is to be an additional judgment of price forecast.

Both indicators must jointly serve to give a determinant price direction.

Maksym Mudrakov
9722
2016.08.31 18:14 
 

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