An indicator that places dots above or below price to signal potential trend reversals. It is one of many tools used within technical analysis to translate raw price data into a visual signal that can guide entries, exits, or bias.
An indicator that places dots above or below price to signal potential trend reversals. It is one of many tools used within technical analysis to translate raw price data into a visual signal that can guide entries, exits, or bias.
It's often used to set trailing stop-loss levels in trending markets. At the intermediate level, this becomes increasingly relevant as traders begin refining strategies, tightening risk controls, and reading the market more critically.
Dots flip from below to above price (or vice versa) at potential reversal points. In practice, traders typically encounter this directly within their trading platform, charting software, or an economic calendar, depending on the specific context in which it arises.
IUX
Exness
Vantage
XM
ICMarkets
LiteFinance
Moneta
Tickmill
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