At first glance, this indicator appears a little muddled. We examined data from the histogram and then from the signal line and found that the histogram really wasn’t helpful. That being said, we made three changes. The first was to get rid of the histogram by changing the color from gray to “none” and thickening the signal line to “4”
From this:
Timeframes and Results
Trust In Yourself
That being said, the results we post in these blogs should never be considered specific trading advice.
***Note: Remember, never use just this one indicator as your decision of whether to open or close a trade. It should be part of a system.
Our only goal is to make you a better trader.
BTW Any information communicated by Stonehill Forex Limited is solely for educational purposes. The information contained within the courses and on the website neither constitutes investment advice nor a general recommendation on investments. It is not intended to be and should not be interpreted as investment advice or a general recommendation on investment. Any person who places trades, orders or makes other types of trades and investments etc. is responsible for their own investment decisions and does so at their own risk. It is recommended that any person taking investment decisions consults with an independent financial advisor. Stonehill Forex Limited training courses and blogs are for educational purposes only, not a financial advisory service, and does not give financial advice or make general recommendations on investment.
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