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

When the trend in the market is Upwards/bullish trend, then the rainbow will be heading upwards, the least smoothed out line will be at the top of the indicator, this is the red line & the major smoothed line , Violet will be at the bottom of the trading indicator, this is the violet line.

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

Steps on how to generate forex sell trade signals using Rainbow Charts indicator:

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 market trend is a bearish downwards then the rainbow charts will be heading downwards, the major smoothed line (Violet) will be at the bottom & the least smoothed out line , Red = Red will be at the top.

How to Generate Forex Sell Trade Signals Using Rainbow Charts Indicator

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