MACD 4C Indicator with Divergence This indicator, named MACD 4C, enhances the traditional MACD (Moving Average Convergence Divergence) by providing a visually intuitive representation with four distinct colors for the histogram bars. It offers a clear interpretation of market momentum and potential trend reversals. Key Features: Customizable Parameters: Users...
A simple indicator based on candle stick strength, with cpr,vwap and support resistance... search for buy sell signal on 15 min timeframe and wait for second candle to close above/below of signal candle. Cpr pivots would act as support and resistance. Entry should only be based on 15 mins or higher timeframe. 3 and 5 mins timeframe for profit booking. No...
#Always follow MAJOR trend, find MINOR trend as per Major trend and choose entry/exit accordingly . Suppose major trend is blue so only go long while inside minor trend is green, when it turns RED exit from long but dont short in BLUE i.e. major uptrend and vice versa for downtrend i.e. major should be pink and minor should be red for short and when it turn green...
READ:-Blue candle as boring/base candle and Black candle as explosive candle FInd two explosive candle (Black) where two base/boring (Blue) candles are in between. It will be marked as demand and supply zone. Those who leant demand and supply will find this indicator usefull for findin and marking zones. #When yuy find a Explosive candle , it become a potential...
Modded RSI and MACD for intraday use. If rsi above 60 and macd is above zero line then go for buy and if rsi is below 40 and macd below zero line then go for sell side. use it in small timeframe i.e. 3 minute or less. better for scalp trading Happy Trading Love INDYAN #It can be used best with INDYAN Go With Trend