Sharing the simple trend following trading strategy, traders can add their own rules in this, to minimise the losses and maximise the profits. Like below.
1. Go long only if price is above 189 days EMA/SAM
2. Exit position when high or low of previous candle is breached in the opposite direction of the trend.
3. Go long...
There are 6 key point in this indicator which are :-
•ACV+ & Arrows
There are 5 lines that represent Support and Resistant as the guidance in determining market direction.
Purple line, Blue line, Green line, Yellow line and Bollinger band line.
•Purple line represent volume base...