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Forex Relative Vigor Index MACD Indicator
In technical analysis trading, the Forex Relative Vigor Index MACD Indicator indicates when a buy or sell opportunity is developing or has devoloped.
Entry Strategy
When the Indicator displays a green arrow, there is a buy opportunity developing. When there forms a new green arrow on the next candle or bar, then it is a confirmation of a buy opportunity.
When there is a green tick formed the Forex Relative Vigor Index MACD Indicator is indicating that the Relative Vigor Index and MACD has crossed n the same bar or candle and is a strong opportunity for a buy trade
When the Indicator displays a yellow arrow, there is a sell opportunity developing. When there forms a new yellow arrow on the next candle or bar, then it is a confirmation of a sell opportunity.
When there is a yellow tick formed the Forex Relative Vigor Index MACD Indicator is indicating that the Relative Vigor Index and MACD has crossed n the same bar or candle and is a strong opportunity for a sell trade
Exit Strategy
The Forex Relative Vigor Index MACD Indicator is not meant for an exit strategy. The Indicator is mainly meant for entry strategy only
Entry Filters
The Forex Relative Vigor Index MACD Indicator uses the Relative Vigor Index and MACD indications to provide entry filters for a buy or sell trade. The indicator will provide arrow or tick indications as described in the Entry Strategy description
The Forex Relative Vigor Index MACD Indicator is recommended for the 4 Hour Chart or Daily Chart for swing trading.
Indicator License - Lifetime License
The Indicator works only on Metatrader4
Electronic Software Delivery
No CD or Postal Delivery. Email will be sent within 24 Hours after Payment.