For Macd,
--When the signal line crosses the main histogram up above 0 level, it is an opposite cross,
--When the signal line crosses the main histogram down under 0 level, it is an opposite cross,
For RSI,
--When the signal line crosses the main histogram up above 0 level, it is an opposite cross,
--When the signal line crosses the main histogram down under 0 level, it is an opposite cross,
For RSI,
--When the indicator line crosses the 70-level up, it is an opposite cross,
--When the indicator line crosses the 30-level down, it is an opposite cross,
Trading System:
we count for the number of crosses, when it reaches 3 or above, we take a position in the opposite direction.
the opposite cross usually happen after sudden expulsive move.
Be yourself