GOLDIdea behind this indicator is simple and very easy to understand the trend and take trade in direction of trend. For intraday use 15 min TF. It can be used for multi-timeframe. Suitable for any stock, currency pairs, commodities, crypto and index.
Rules for Buy / Long Trade - 1. Background or Histogram is green 2. Buy signal below candle 3. Take entry on closing of candle 4. Exit or book profit on Exit signal above candle.
Rules for Sell / Short Trade - 1. Background or Histogram is red 2. Sell signal above candle 3. Take entry on closing of candle 4 . Exit or book profit on Exit signal below candle.
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