| H4 Strategy This Strategy using kijun envelope to identify the trend with 2 band envelope. The rule is like other trending system, the trend is friend, we will wait for the trend indicate itself, then specify the entry point. The trend is up when kijun and 2 band are moving upward, the trend is down when kijun and 2 band are moving downward. Using the BB_MACD indicator to get the signal, red dot for the bearish signal, and green dot for the bullish signal. |
The good signal is the change of BB MACD color with the price is close to the kijun line. BB MACD is one of the best leading momentum indicator, be careful when the divergence appear.
You can find another version of MACD in my indicator collection.
Kijunsen envelope indicator.
Thanks for Reading.
