Today (4/16)’s ironclad entry point! (ETHUSD)
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Indicator for MetaTrader (MT4)
Today’s (4/16) rock-solid entry point!
(ETHUSD)
★Break above/below the turning line to enter (click image to enlarge).Among the many moving averages, in an uptrend,there are certain lines that act assupport linesfor pullbacksand effectively function aslines of a fixed width.Similarly, in a downtrend,there are lines that function asresistance linesfor retracementsas fixed-width lines.In other words, if in an uptrend the price breaks below a support line, a downtrend begins, andin a downtrend, if price breaks above a resistance line without bouncing, an uptrend begins.In short,support and resistance lines become turning lines.This concept also applies to indicators.In Tenjo Chart (Reiwa version), not only moving averages,but also the indicator's curve bandsdisplay clearly which lines function as support and resistance = turning lines.【Tenjo Chart (Reiwa Version)】Sales page is here【Even with just moving averages, this is amazing!!】Sales page is here.
Among the many moving averages, in an uptrend,
there are certain lines that act assupport linesfor pullbacksand effectively function aslines of a fixed width.
Similarly, in a downtrend,
there are lines that function asresistance linesfor retracementsas fixed-width lines.
In other words, if in an uptrend the price breaks below a support line, a downtrend begins, and
in a downtrend, if price breaks above a resistance line without bouncing, an uptrend begins.
In short,support and resistance lines become turning lines.
This concept also applies to indicators.
In Tenjo Chart (Reiwa version), not only moving averages,but also the indicator's curve bands
【Even with just moving averages, this is amazing!!】