Hello. This indicator uses the intersection of the moving average to output a trend line.
In general, the price at which the moving average crosses is interpreted as a meaningful point. This indicator can be used by anyone.
This indicator outputs three lines. 1. Intersection This intersection is marked by a horizontal line and can be used as an appropriate stop loss section.
2. Trend line (upper) This trend line reflects the trend line that reflects the maximum increase. In general, a breakout of this trend line means that the medium-term trend has been broken.
3. Trend line (lower) This trend line reflects the trend line with the largest decline. In general, a deviation from this trend line is interpreted as a dead cat.
4. Color The green color appears at the golden cross of the moving average, and the black color appears at the dead cross.