Today (3/18) the ironclad entry point! (BTCUSD)
All-inclusive for FX, Binary Options, and Nikkei 225!
MetaTrader (MT4) Indicator
Today's solid entry point (3/18)!
(BTCUSD)
★Break above/break below the conversion line to enter (click image to enlarge).
Among many moving averages, in an uptrend,
there exists a line that actively functions as asupport line during pullbacks and a line of a certain width that serves as the support line.
Similarly, in a downtrend,
there exists a line that effectively acts as aresistance line of a certain width,which serves as the resistance line.
In other words, if in an uptrend you break below the support line, it signals the start of a downtrend, and
if in a downtrend you break above the resistance line without bouncing, it signals the start of an uptrend.
In short,the support and resistance lines become conversion linesas a concept.
This concept also applies to indicators.
In the Ten-ichi Chart (Reiwa edition),not only moving averages but
the indicator's curve bands alsodisplay lines that clearly function as support lines and resistance lines = conversion lines in an easy-to-understand way.
【Ten-ichi Chart (Reiwa edition)】
【Even with just moving averages, this is amazing!!】