The indicator doesn't really tell me more than what I already know from price's relationship to the moving averages, it just saves me a little time clicking back and forth through different time frames to see what's up:
A little time saver if you like to trade basically everything or if you need to branch out for a little while from what you usually like to trade due to market conditions and such. Figured I'd branch out just a bit while I wait for a Euro retrace to get back in short on some of favorite Euro crosses ... .
A little time saver if you like to trade basically everything or if you need to branch out for a little while from what you usually like to trade due to market conditions and such. Figured I'd branch out just a bit while I wait for a Euro retrace to get back in short on some of favorite Euro crosses ... .
Fireworks are fun ... as long as you don't blow your fingers off.