The stock indicator 3c JMACD consists of:
. a color histogram
. a signal line
included
3c_JMACD.mq4
JJMASeries.mqh
Broker Online - Broker Exchange : Platform Trading MT4 Metatrader
Interpretation Rules - Signals From Trading
* Buy signal: Feeling uptrend
. The histogram 3c JMACD breaks rising level 0
. The histogram 3c JMACD blue: the value 3c JMACD rises
. Divergence bullish: the price is down (again above lower) and the oscillator 3c JMACD up (new higher low) .A upward correction of prices is expected
* Sales Signal : Feeling downtrend
. The histogram 3c JMACD breaks down the 0 level
. The histogram 3c JMACD red: the value 3c JMACD fall
. Bearish divergence: a price increase (new higher low) and 3c JMACD down oscillator (new highest lower) .A downward correction of prices is expected.
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