In an uptrend look for the indicator reversal points below zero to go long.
In a downtrend look for the indicator reversal points above zero to go long.
A rising ROC typically shows uptrend and crossing above zero line confirms the uptrend.
A falling ROC typically shows downtrend and crossing below zero line confirms the downtrend.
I ahave been realy infused with the dax on m5 charts this couple of weeks and it is playng really good, now finally a setup on the H1 to share. its beautiful price action, lets hope the resault are just the same
Moving average envelopes are created by plotting 2 lines at a percentage or points away from either side of the MA.
MAEs are good to figure out the best resistance and support levels.
We can add/close/open new positions when touching the support/resistance levels as well as when price crosses the middle line.