Tool to assist you in making decisions. Best if used in timeframes larger than M3 to avoid false signals.
Buy:
- Histogram crosses Legoux from bottom to top. The entry occurs when the histogram is red but the candle is bullish.
- Histogram is green and below level zero, while Legoux curves upwards.
- Histogram crosses Legoux from bottom to top. The entry occurs when the histogram is red but the candle is bullish.
- Histogram is green and below level zero, while Legoux curves upwards.
Sell:
- Histogram crosses the Legoux from top to bottom. The entry occurs when the histogram is green but the candle is bearish.
- Histogram is red and above level zero, while Legoux curves downwards.
- Histogram crosses the Legoux from top to bottom. The entry occurs when the histogram is green but the candle is bearish.
- Histogram is red and above level zero, while Legoux curves downwards.
You can also use divergence rules for your entries. Take the test and see.