Is a tool used to determine market reversals, this tool is built of RSI and Moving Averages. Main aim of this tool is to help make market analysis easier by catching market reversal zones and alerting traders and investors about the market reversing and whether they should buy or sell.
What the tool do
- The tool catches market reversals - The tool draw new support and resistance line for that period - The tool alert you whether to buy or sell
How to use the tool
- Sell below resistance line and buy above support line - The labels will guide you whether to buy or sell - By default a red line is a resistance line and a green line is a support line - By default a red label tells you to place a sell position and a green label tells you to place a buy position