This Indicator actually try to identify a price action. It uses 30 W moving average for Trend analysis.
The moment it crosses above the 30 W moving average,
up trend starts. But the start should be Good. The moment it crosses 30 W moving average ,
that particular candle should have high than average and
the should be also above or equal to 50.
The preferred Time frame is to be used is Weekly.
1-> When price crosses above 30 weeks moving average,
2-> the should be Three times the 50 average.
3-> The (14) should be above 50.
In this indicator neither plots moving average nor average nor . It only plots a single Green arrow below the that
satisfy all 3 conditions.
That green arrow indicates BUY signal.
No exit criteria is defined here.