Swing traders hate buying tops. The FMCBR helps you buy tops that are actually support.
If the FMCBR falls back into the Gray Zone (-20 to +20) during the retest, the breakout is considered . You ignore the trade. fmcbr indicator
While "indicator" usually refers to a specific visual tool (like a moving average), in this context, it refers to a set of rules used to "indicate" trade readiness. To "create text" or use the indicator on a chart like MetaTrader (MT4/MT5) or TradingView, you must follow a standard operating procedure (SOP). Core Components of the FMCBR Indicator Swing traders hate buying tops
A valid uptrend requires price action to remain above all 3 EMA lines; a valid downtrend requires price action to sit below them. You ignore the trade
High-probability entries for reversals are identified when the price fails to make a new high/low and breaks its internal structure, often accompanied by a divergence in the Awesome Oscillator. Conclusion