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MCDX Pro+ | BMS

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Published 10 June 2021

MCDX Pro+ | BMS
Bull Momentum System Pro
Use this indicators with other BMS indicators.
(Smart Power / MC Pro++ / SMI Pro+)

How to use:
This indicator detects Banker volume.

Green Bars = Retailer ( Bearish / Downtrend)
Gray Bars = Hot Money (Sideways / FIFO)
Red Bars = Banker Smart Money ( Bullish Uptrend)
Pink Bars = Weak Banker (Pullback / Unloading / Technical Rebound)

Blue line = FIFO entry
- Blue line is a fast signal to enter when there is no banker yet.
- Good for BTST / FIFO trade.
- If Blue Line is up too strong a fast pullback may happen
- Yellow line = Bearish (pullback)
- Blue line up together with Red bars means strong bullish.

Overbought / Oversold symbol:
Orange Circle = Overbought / Possible very strong bull
Blue Circle = Oversold / Possible bottom catch / Rebound

Banker levels and Rocket symbol:
Level 0% = No Banker show 0 Rocket
Level 25% = Banker step-in show 1 Rocket
Level 50% = Banker build position show 2 Rocket
Level 75% = Banker takes control show 3 Rocket
Level 100% = Banker overbought show 4 Rocket

Best entry when position is Oversold and Red Banker step-in
and build-up position more than 50% level.

Take profit when Overbought, Pink Bars (banker unloading) and
Blue line turns Yellow line.
Notes de version
Add RSI line and algorithm.
Notes de version
Upgraded to version 3 now with RSI Divergence alert.
Notes de version
Add top horizontal RSI bull bear line.
Notes de version
New smart color line and divergence line.
Notes de version
Code optimization.
Notes de version
Add Stoc & RSI color icon on info panel, sensitivity algorithm and color settings.
Notes de version
Minor cosmetic fixed.
Notes de version
Updated to XP version with ID-VWAP switch mode.
Notes de version
New VL (Volatility Line) color RED = Pullback / BLUE = Bullish.
Removed ID-VWAP switch, one mode works in different time-frames.
Smoothed Stochastic line reduced noise.
Notes de version
Updated to Pine Script v5. New HMA line and %R line indicator.
Notes de version
Reinvented the MCDX with new color scheme. Smoothed RMA line and high accuracy QQE range filter.
Notes de version
Double RSI now integrates with MCDX.
bankerchipmcdxMoney Flow Index (MFI)qqeRelative Strength Index (RSI)rmaStochastic RSI (STOCH RSI)

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Instructions de l'auteur

Private message me to gain access. Also can Telegram PM @ KLSESG.

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