Is this buy signal on 4hr Chart a trap? NOT ADVICE. DYOR.
CONSTRUCTION
Using triple MACD's based on high, low, and close. When all signal and MACD begin to switch to negative (open range) to when all negative (close range) = red box, and vice versa = green box.
Note
Another way of putting it:Is this buy signal on 4hr Chart a #trap?
CONSTRUCT: Using 3 MACD's based on sources H, L, & C
When any Signal & MACD begin <0 (OP range).
When all <0 (CL range) = red box + all Histogram in range must be red, & vice versa = green box.
NOT ADVICE. DYOR.
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.