Buy Signal
When the indicator detects a breakout above the red support line, it signals an opportunity to enter a long position. A BUY alert will appear, helping you recognize the signal in real time. You can place your stop loss at the lowest point of the breakout candle or just below the green line for added safety. Once the signal is confirmed, simply place your order.
To exit the trade, you can set your take profit using a 3:1 reward-to-risk ratio, or choose a target like 50 pips. Alternatively, you can wait for the indicator to generate a bearish signal and exit your buy position.