Fibrandao
This is an updated version of the HiLo indicator. It was developed to better serve those who trade the pair USDBRL, it might be usable on others pairs however it was not tested.
It basically means that whenever you have a red line you should trade short. When you have the green light you should trade as a buyer.
Those lines shall work as resistance/support which means that you will have better chances of winning if you open a position next to these lines.
It basically means that whenever you have a red line you should trade short. When you have the green light you should trade as a buyer.
Those lines shall work as resistance/support which means that you will have better chances of winning if you open a position next to these lines.