There is no one forex indicator that can be considered universally excellent, as each particular technical indicator, or group of indicators, can be applicable solely to unique circumstances. Jcfbaux raise & contract as volatility rises or decreases relying on the recent stock movement of the security expansion shows steep volatility and contraction reveal low volatility. The reward of this Jcfbaux is that it would react more quickly to changes in trends of the market price than the previous pair. To define the scope of the swings, we implement a relative high and a relative low, and we put these at the bullish and bearish of the weekly chart.
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