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The essence of this forex system is to transform the accumulated history data and trading signals. Enter buy when the macd linescrosses upward. There are two types of trendlines—the up trend and the down trend. Macd crosses upward, histogram green bar. By drawing the trendline, it becomes easier by automating the trendline drawing part with.
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The blue trendline below the bar represents the support levels and the red one as the resistance levels of the market.
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Mt5 support and resistance breakout indicator. Trendline breakout indicator mt4 fxgoat : Continuation tendency trendline below the candle pointing upward. There are two types of trendlines—the up trend and the down trend. Red lines indicate the downward trend.
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