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INVITE-ONLY SCRIPT
Updated

MC Pro | BMS V3

2 176
Published 10 July 2021

MC Pro (Momentum Compressor) with Fast MACD
Detects buying selling momentum & consolidation
suitable for Swing & Day Trading.

Check settings option switch to FIFO setup.

Histogram
Green = Buying momentum firing up (good for swing trade)
Red = Pullback (Red below histogram line is Downtrend)
Pink = Rebound (good for bottom catch / FIFO trade)

Dots
Gray = Expansion (can fire up or fire down)
Light Blue = Low compression
Dark Blue = Medium compression
Purple = High compression (sideways consolidation)

Fast MACD & Signal line crossover Green dot & cross-down Purple dot
Release Notes
Add new FIFO signal column color below histogram.
Release Notes
Fast mode set to default.
Release Notes
Add MACD crossover signal on info panel.
Release Notes
Mode setting 1.BMS or 2.ID-VWAP.
Release Notes
Update XP version improved MACD algorithm.
Release Notes
New Momentum Line indicator for ID-VWAP mode works in lower time-frames.

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact gwhoe directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Bull Momentum System component use in conjunction with other BMS indicators. PM or Telegram me @ KLSESG to gain access.

Warning: please read our guide for invite-only scripts before requesting access.

gwhoe
Also on:
Keltner Channels (KC)Moving Average Convergence / Divergence (MACD)Momentum Indicator (MOM)squeezemomentum

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Keltner Channels (KC)Moving Average Convergence / Divergence (MACD)Momentum Indicator (MOM)squeezemomentum

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact gwhoe directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Bull Momentum System component use in conjunction with other BMS indicators. PM or Telegram me @ KLSESG to gain access.

Warning: please read our guide for invite-only scripts before requesting access.

gwhoe
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.