My custom indicator lines on this chart show decent places to enter or exit.
The Blue indicator line serves as a setter.
If your instrument closes above the Blue line, then we think about buying (going Long).
If your instrument closes below the Red line, then we think about selling (Shorting).
For the more mature stocks, I prefer to use the Yellow line as my setter.
For the smaller caps volatile stocks, I prefer to use the Red line as my setter.
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