Download EJ 4H Method:
– Use H4 chart.
– Blue candles mean uptrend and red candles mean down trend, green ones (non-colored) means directionless or range market.
– In most of the time changing red or blue color to green one means changing trend possibility.
– White line is 8SMA and yellow one is 55SMA; 8SMA swings and oscillates around 55SMA, they most of the time play the role of resistances especially 55SMA that shows the longer term trend.