MC Pro | BMS V3 — Indicator by gwhoe

macd momentum keltnerchannels squeezemomentum

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.

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