KFK MACD HiLo

KFK MACD HiLo is an MACD indicator with bar marking (green and red) as highest and lowest price on each wave up or wave down.

It is a complementary indicator for previous indicator (KFK 1). As a complementary indicator, it should be used together with the main one (KFK 1).

When the MACD bar starts going down and crosses Upper Signal line (green line), it indicates a downtrend is about to begin.

When the MACD bar starts going up and crosses Lower Signal line (red line), it indicates an uptrend is about to begin.

Recommended timeframe – M15.