Indicator - Fmcbr

Introduction

7. Backtesting Results (Synthetic Data)

Enter on a rejection candle (e.g., a Pin Bar or Engulfing candle) at the retest level.

Bullish Signal (Long Entry):

0.41

Because the MA alignment = 1 (price > EMA), the FMCBR = . fmcbr indicator

2. Treating -100 and +100 as Extremes

These are initiated when the retest holds and momentum indicators, like the %R or RSI, bounce from key levels. Counter-Trend Positions: Introduction 7