Z Score (Close + High and Low bands)

٢٣ يناير ٢٠٢٢

Basic z score with High and Low bands.

If z is positive = uptrend.
If z is negative = downtrend.
If z > +3 or z < -3 = reverse is possible.

H lines can act as a support/resistance.

Disclaimer:
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely

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