the pre advisor will turn red/green depending on what side the candles close on. this will pre-empt you to get into a long/short position depending on direction.
once the macd wave flicks direction (aqua = UP, pink = DOWN) then you have your trend and can adjust stop loss accordingly using fibonnaci and elliott wave to help gauge).
naturally once direction changes you have your entry/exit. as you can see signals are produced more in advance then tradingroomapp 100/7 strategy indicators.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.