What is Rainbow Charts Forex Buy Trading Signal & Sell Signal?
Rainbow Charts Trading Indicator Buy Trading Signal
How Do You Generate Forex Buy Trading Signal Using Rainbow Charts Indicator
Steps on how to generate forex buy signals using Rainbow Charts indicator:
This Rainbow Charts buy signal tutorial explains how to generate forex buy signals using the Rainbow Charts like shown below:
Bullish Forex Trend/ Upwards Trading Trend
If the market is going up, which is called a bullish trend, then the rainbow lines will also be going up. The line that changes the most will be at the top, which is the red line. The line that changes the least, which is violet, will be at the bottom.

How to Generate Forex Buy Trading Signals Using the Rainbow Charts Indicator
Rainbow Charts Indicator Sell Signal
How Do I Generate Forex Sell Signal Using Rainbow Charts Indicator
Use Rainbow Charts for Forex Sell Signal Steps
This Rainbow Charts sell trade signal tutorial explains how to generate forex sell trade signals using the Rainbow Charts like is illustrated and shown below:
Bearish Market/Downwards Trading Trend
When the overarching market trend exhibits a downward trajectory, the rainbow chart lines will point downwards, with the most smoothed line (Violet) situated at the bottom, while the least smoothed line (Red) will be positioned at the top.

How to Generate Forex Sell Trade Signals Using Rainbow Charts Indicator
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