This indicator is used to calculate the total previous history data of all the market trends. This is a technical indicator to determine the past data records.
COG MACD V2 Indicator
This is helpful to know the previous price trends and detects all the dynamic transactions may was occurred in the record. And it is not easy for us to detect these changes without the indicator. This is a center of gravity indicator shortly called COG.
This information proves very beneficial for the traders that they can easily make estimates about future price movements and can change or use the trending strategy according this estimate. This indicator has different price levels. The levels tell the buyers and sellers positions that how much they are strong in the trend.
There is a COG line in the chart. When these lines cross to each other then it means that the buy or sell signal has been occurred. When the single line crosses up the signal line then it shows the buy signal and tells that there is a strong trend in the market trend and the prices are going to high in the market trend.
When the single line moves back to below the signal line it show that there is a sell signal and the prices are coming low. The sell levels tell that how the price level is decreasing.
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