The technical indicator MT4 zlMACDzRSI superimposes on the same window an RSI oscillator with an indicator Zero Lag MACD
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Interpretation Rules - Signal of Trading
- Signal of purchase
. The zlMACDzRSI histogram breaks up the level 0 - Bull trend
. The signal line zlMACDzRSI (red color) crosses the RSI line (blue color) downwards - Bull trend
. Divergence Bull: the price is falling (new higher higher) and the indicator zlMACDzRSI up (new lowest higher). A correction to the rise of the price is to be expected - Bull trend
- Signal of sale
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The zlMACDzRSI histogram breaks down the level line 0 - Downward Trend . The signal line zlMACDzRSI (red color) crosses the RSI line (blue color) upwards - Up trend
. Divergence is bearish: the price is up (lower up) and the indicator zlMACDzRSI down (higher down) .A downward correction of the price is to be expected - Bearish tendency
To know more about the rules and signals of Trading:
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