MACD modified 28 9 18 28 momentum 9 fast 18 slow
use MACD and momentum Divergence for entry and exit.
MOM means momentum
In Shaded area momentum is up Price is down.
- Find the lowest day in 60 bar chart and lowest point/value is momentum. right side
- Price is point A below momentum for that price is point B.
- Find the lowest momentum point from B that is point C. left side
- Point D is price which is above point C(momentum point).
whenever momentum is greater than highest point (B) for the day, then next day or after 2 day i am
in
in.
Not a perfect, T let's assume price reached there. this is imaginary chart.
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