Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on GBPAUD, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your...
Signals:
In an uptrend look for the indicator reversal points below zero to go long.
In a downtrend look for the indicator reversal points above zero to go long.
Trend identification:
A rising ROC typically shows uptrend and crossing above zero line confirms the uptrend.
A falling ROC typically shows downtrend and crossing below zero line confirms the downtrend.