This indicator is a combination of all the indicators used in Max's Precision Sniper Trading System.
The columns will turn green when the bulls are in control, i.e. when we have:
While on the other hand, the columns will turn red when bears are in control, i.e. when we have:
When neither bears nor bulls are in control, the column will turn Blue.
This happens during consolidation or minor pullbacks.
** To add on, each column represents the Volume for the particular candle. The orange line across it is the SMA(20) of the volume.
Happy Trading!
The columns will turn green when the bulls are in control, i.e. when we have:
- Squeeze release (Bullish)
- MACD Cross (Bullish)
- Green Volume (Bullish)
While on the other hand, the columns will turn red when bears are in control, i.e. when we have:
- Squeeze release (Bearish)
- MACD Cross (Bearish)
- Red Volume (Bearish)
When neither bears nor bulls are in control, the column will turn Blue.
This happens during consolidation or minor pullbacks.
** To add on, each column represents the Volume for the particular candle. The orange line across it is the SMA(20) of the volume.
Happy Trading!
Notes de version:
The columns represent MACD Hist instead of volumes.
Notes de version:
Added MACD and Signal Lines
Notes de version:
Updated variables for adding alert.
Notes de version:
Added alerts on Hist changing to Green or Red