It indicates the previous week high and low.
When overlaid on the daily chart, it give buy and sell signals (in the understanding you have made a trade setup). Buy when the price crosses the previous week high, sell when it crosses the previous week low.
When overlaid on the daily chart, it give buy and sell signals (in the understanding you have made a trade setup). Buy when the price crosses the previous week high, sell when it crosses the previous week low.
Versionsinformation:
Improved user input.
Versionsinformation:
Improved user input.
Go with the wave