This is another modified macd combined with bollinger bands. The idea is to follow this with the momentum indicator I developed and just like when you look at cycle time frame and higher cycle time frame (Barry Burn), here you can see the higher momentum time frame (fractal energy, Barry Burn).
When the macd line goes above/bellow the bollinger band, it changes the color to green/red for easier identifying possible momentum exhaustion places and times.
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