Of course they do! And... none: in the graphic there is a red line, going downwards with time, that is thinner than the horizontal red line. It seems to be extrapolated (to call somehow) from the blue WMA.
The red line that you are talking about is trend resistance line. When the price closes above it together with closing above the red thin horizontal trigger line - that's the "buy" signal.
Of course they do! And... none: in the graphic there is a red line, going downwards with time, that is thinner than the horizontal red line. It seems to be extrapolated (to call somehow) from the blue WMA.
The red line that you are talking about is trend resistance line. When the price closes above it together with closing above the red thin horizontal trigger line - that's the "buy" signal.
@srezz: you're talking about closing price but at which moment?
I post 4 hours and daily charts. So, 4H and daily closes based on GMT.