BSC is an indicator created to make calculations of the BUY and SELL signals informing when the trend starts and ends. It also reports when there is a correction relating to this previous BUY or SELL signal. After this correction , it again indicates that this correction has ended, returning to trend again.
This indicator can be used in any timeframe.
Characteristics
- Type of indicator: MACD
- Socks used: EMA5 - EMA 34 - SMA 5
- MACD Signal Crossing with MACD MAIN
- Red Color = Price Drop
- Color Green = Price Rise
- Only tuned for EURUSD (we will have more indicators for each instrument)
- You can use it on any instrument but we do not advise you to use it other than EURUSD
Best use
- Use in TimeFrames H1, H4, D1 for Swing or Long Time
- Use in M5, M15, M30 TimeFrames for Scalping or Short Time
This indicator is a specific improvement for the MACD indicator.
