XAU May15 UPDATE: - there was a swing low and a setup candle - did you find an entry and survived those long spikes ? image ...
Thanks for that, I use Trading view and enjoy the process of understndinmg an indicatir and recreating it if necessarry
Same as EURUSD: But this one has been a steady money maker since the start of the move up.
Pure price action with nothing except candles and BB control candle: Green = Buy Red = Sell No trend lines, averages, etc.
Counter Trend buy if the SMA Line is below the middle line and the price is near the lower band Counter Trend sell if the SMA Line is above the middle line and the price is near ...