What exactly does the PBX indicator mean? How can investors use PBX to fry gold?

　　Among many technical indicators,PBX is a trending technical indicator that is commonly used by investors and is particularly popular.Because its shape is more like a waterfall,it is also called a waterfall line indicator by the majority of investors.So,in the process of speculating on gold,what does the PBX indicator mean?How can investors use PBX to fry gold?

　　What does the waterfall line mean?

　　The so-called PBX is a mid-line indicator,which is generally used to study the mid-term trend of prices.Compared with the ordinary moving average system,it has the characteristics of fast response and clear buying and selling points.It is an effective moving average system for judging the running trend..Because the PBX looks like a waterfall in the process of running,it is also called"waterfall line".In the early 1990s in Europe and the United States,PBX was widely used in the financial field and was the main analysis method for judging the trend of price movements.

　　When the current price is in an upward trend,the PBX indicator can be used.In the analysis of technical indicators,if the long-term PBX indicator is from top to bottom,it is called a short arrangement.On the contrary,if it is from bottom to top If so,it is called a multi-head arrangement.If the current long-term PBX indicator is in a short position,the short-term PBX indicator shows the phenomenon of passivation of the indicator,and when the indicator shows an upward trend,it means that the current price may reverse.

　　How to use PBX to fry gold?

　　Generally speaking,in the rising or falling trend with obvious trend,PBX can give clear buying,selling and position signals,which is a powerful tool to grasp the market situation.application.Specifically,once the PBX has a buy or sell signal,as long as it is done in accordance with its application principles,it will definitely achieve better investment returns.So,how to use PBX to fry gold?

　　First of all,when PBX starts to diverge upwards from the bonding convergence in the low price area,investors can carry out buying operations.In addition,if there is the cooperation of trading volume,it will also mean that the price of gold will rise for a period of time and rise to a certain extent.

　　Secondly,when PBX starts to diverge downwards from the adhesive convergence in the high price area,investors can sell.

　　Furthermore,when the long-term,medium-term and short-term PBXs are arranged in order from bottom to top,and a long-term arrangement is formed,investors can hold positions.

　　Note that if the short-term PBX indicator has a passivation phenomenon and is currently moving upward,you can consider entering the market,but you must pay attention to the settings of stop loss and take profit;second,if the price is in the process of movement,it passes through all the If the PBX line is used,it means that the price fluctuation may be reversed.You can consider opening a position to enter the market,but you should also pay attention to setting the take profit and stop loss.Third,all the waterfall lines in the PBX indicator are currently in the main rising wave of fainting upwards.At the time of entry,you can consider entering the market,and you should also set take profit and stop loss at the same time.