Wednesday 19 August 2020

High Minus Low indicator (HML)

 Recognise the volatile market.

Figure out the trend direction.

Open your new positions.


HML indicator simply plots the difference between high and low.

High readings mean we are in a trendy market.

Low readings mean we are moving sideways in a range.

My strategy:

✔Combine this with a volume indicator (Like Accumulation/Distribution Indicator)

✔High reading HML and increasing volume mean we are in an uptrend.

✔High reading HML and decreasing volume mean we are in a downtrend.

For the link to the video, please click here!




2 comments:

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