LSMa in Color Trend Indicator: Entrance by Trend
LSMa in Color indicator is trending and is based on standard Moving Average indicators.
The green color of the indicator means a bullish trend, red - a bearish trend. The points of entry and exit of the position are the points of color change of the LSMa in Color indicator.
LSMa in Color indicator works fine in the presence of a trend, but when flat movement his testimony should not be relied upon.
According to ForTrader.org experts, the use of LSMa in Color indicator moving averages will cause some lag inherent in trend indicators of this type. Therefore, it would be optimal to use the LSMa in Color indicator readings as confirmatory signals.
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