Under what circumstances do RAD indicators produce dead and gold crosses?
Under what circumstances do RAD indicators produce dead and gold crosses? The Chinese name of RAD index is power radar index, which is a unique technical index in the Qianlong series of analytical products. The RAD indicator is composed of two indicator lines, the white indicator line and the yellow indicator moving average.
When trading, if the RAD indicator's white line is crossed with a yellow line, then it is a gold cross, and if it is crossed with a yellow line under the white line, then it is a dead cross. In general, the gold fork is to buy, and the dead fork is to sell.
What is the meaning of a dead fork and a golden fork in forex trading?
The dead cross is also known as the death cross, it generally refers to the support line is broken down, indicating that the market will continue to fall, the market is bearish, then we can bear, that is, short. The gold fork is also known as the gold cross, it generally refers to the upward breakthrough pressure, said that the market will continue to rise, the market is optimistic, then investors to build a position is a very good point, recommend to do more.
The above is a small series of RAD indicators and some understanding of the gold fork and the dead fork, I hope to help you. The above information is for reference only.
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