Do not miss the sure-entry point for the Nikkei 225! (5/22)
FX, Binary Options, and Nikkei 225 Compatible!
A great indicator for MetaTrader (MT4) has arrived!
Don’t miss today’s (May 22) sure-entry points!
(Japan225)
★Sure entry at breakouts above/below turning lines! (Click image to enlarge)
In an uptrend, a moving average over a fixed interval serves effectively as a support line (support).
Similarly, in a downtrend, a moving average over a fixed interval acts as a resistance line (resistance) during pullbacks.
In short, in an uptrend, a breakout below the support line signals the start of decline, while in a downtrend, breaking above the resistance line signals the start of a rise.
This concept also applies to indicators.
In the Temp Chart (Reiwa version), the line that functions as support/resistance = turning line is displayed clearly not only for moving averages but also for indicator curves.
Please check the product details from here.
