I had a question from 2 members this morning, had the daily BP
MA turned red yet, it did this morning, however remember this is a
daily chart, so it can flip back and forth red and green intra day,
the close is what counts - now I sometimes use it when it turns
intra day, but you have to have it in front of you to do that.
Otherwise I generally just report the close. Also on
the daily chart notice that price is testing the middle Bollinger
Band and the MACD lines or touching - so those areas could be a
support area
The 60 min version on SPX of course turned red on Friday at
1710, which have been pretty good so far, the last couple signals
have been
BPT MA Deluxe comments
Posted by matt on 27th of Sep 2013 at 10:13 am
I had a question from 2 members this morning, had the daily BP MA turned red yet, it did this morning, however remember this is a daily chart, so it can flip back and forth red and green intra day, the close is what counts - now I sometimes use it when it turns intra day, but you have to have it in front of you to do that. Otherwise I generally just report the close. Also on the daily chart notice that price is testing the middle Bollinger Band and the MACD lines or touching - so those areas could be a support area
The 60 min version on SPX of course turned red on Friday at 1710, which have been pretty good so far, the last couple signals have been
BPT MA Indicator
Posted by nickross on 27th of Sep 2013 at 10:54 am
Hi Matt:
Since you mentioned the last couple of signals have been pretty good, does this have anything to do with the fact that we have been trending nicely?