Its a Good tool provided here , basically those who do not understand where the market is heading this tool can become a flash light in your trading life
You can use this tool to identify the trend and the impulsive movement of the stock when applied to day candles, or any time frame
Standered use is 5,10 period i hope that will serve you to put support and resistance for time frame of your trading style
Cheers
You can use this tool to identify the trend and the impulsive movement of the stock when applied to day candles, or any time frame
Standered use is 5,10 period i hope that will serve you to put support and resistance for time frame of your trading style
Cheers
