The pip hunter bacd takes a pair of moving averages periods then through a series of calculations using those 2 moving averages gives you a signal line and what we call the bacd line when they cross it signifies a new trend direction
This tool is part of the total pip hunter package and comes with and compliments the pip hunter momentum extreme and trend scout indicators as it will allow you to take trades when this tool has identified the long term trend to be in the same direction as the momentum tool and short term trend tool and has confirmed that there is momentum behind the move
This is best used with the rest of the pip hunter package for more info on getting access to all three indicators in the package please message me for more information