Holy Trinity Pluss
Holy Trinity Pluss
This indicator is quite similar but different from the Holy Trinity Peaker indicator – equally having the upward and downward price direction which equally implies that it can help to determine a buy or sell action.
- Upward Price direction
- Downward Price direction
With this indicator, we can look out for an opportunity to buy when:
- The current Main Vertical Lines crosses above the Moving Average Signal Line or
- The current Main Vertical Line Crosses upwards above the zero line while the previous vertical line is below the zero line or
- The current Main Vertical Line is greater than the immediate past Main Vertical Line.
Likewise, with this indicator, we can look out for an opportunity to sell when:
- The current Main Vertical Lines crosses below the Moving Average Signal Line or
- The current Main Vertical Line Crosses downwards below the zero line while the previous vertical line is above the zero line or
- The current Main Vertical Line is less than the immediate past Main Vertical Line.
Holy Trinity Pluss is characteristically different from Holy Trinity Peaker in the sense that it depicts a more frequent change in price direction unlike the second which can be more stable (in a particular direction) for a longer period of time. Holy Trinity Pluss is to be an additional judgment of price forecast.
Both indicators must jointly serve to give a determinant price direction.
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