✔When the FCO reaches a high value, we open the “buy” position only in uptrend.
✔ when the FCO reaches a low value it could be a sell signal only in a downtrend.
I use this to add to my open positions in the direction of trend.
https://www.youtube.com/watch?v=tSe5IH3N1gU
✔ when the FCO reaches a low value it could be a sell signal only in a downtrend.
I use this to add to my open positions in the direction of trend.
https://www.youtube.com/watch?v=tSe5IH3N1gU