Greetings Colleagues
I share a simple indicator
Follow the progression of:
1. Development of the range of the daily bars
2. Development of the "Normalized" daily volume difference
3. Difference of closing price with closing of the previous bar instead of with the opening price because it is more effective.
4. It also has a background with the crossing of...
This indicator utilizes my favorite support and resistance tools. Theres a full compliment of moving averages set to a common default, I prefer to use two for a fast/medium ema on price action and another 2 for daily ema levels. Theres vwap shifted channels that act very well as SR and trend analysis. Functioning similar to bollinger bands with less squeeze. The...
*This is not financial advice, I am not a financial advisor. Use at your own risk, good luck and thank you.*
-Building from the original RSI CrissCross I've added an ADXDMI that's also fully adjustable including resolution. The ADXDMI is interpreted visually as a histogram(adx+di+/adx+di-, respectively for bull/bear reads), can also enable standard ADXDMI...