This indicator is based on a strategy written by John Carter "Mastering the Trade"

When using KFK MACD HiLo we need a signal to confirming trend Reversal.

When the Signal Line (red line) crosses the Main Line (green line) or Zero line from ABOVE that's a confirmation for reversal of DOWN trend.

When the Signal Line (red line) crosses the Main Line (green line) or Zero line from BELOW that's a confirmation for reversal of UP trend.

Suggested time frame of the chart: M15

More detailed explanation can be seen in picture section.