MM Legend V2
The Rsi BB is the Rsi with BB volatility band with Demarker Ma for strong trend analysis.
up/dn signals tell you the trend direction
oversold/over bought levels
candle mode for the rsi band
blue/red back ground color to help identify the trend
How to Use
when the background is red, you have down signal, Demarker and rsi are at red level of BB band =sell
when the background is blue, you have up signal, Demarker and rsi are at blue level of BB band =buy
The second oscillator built in is the Tilson T3 and Demarker cross
The Denmark technical indicator, also known as DeM, measures the demand for an asset by comparing the most recent high and low prices to the previous high and low prices. This will give the general directional bias of the market.
the preferred Demarker setting is to use a parameter value of 18-24 periods. We also like to tweak the overbought and oversold levels and instead of using the classical 0.7 and respectively 0.3.
The classic De Maker comes with line graphs, to improve the price vision we have made this beautiful indicator in a candle version.
We have added a tilson T3 moving average to better target the inputs.
What is the Tilson T3
The Tillson moving average a.k.a. the Tillson T3 indicator is one of the smoothest moving averages and is both composite and adaptive. The average is built using the EMA however, the formula is decomposed in order to improve smoothing.
The demarker indicator indicates to us overbought and oversold of the asset, you will be able to distinguish these signals when the marker is painted green for overbought, red for oversold, you will also see a background with these colors to better identify these areas.
Demarker by default comes inline format, you just have to press demarker in candle mode idem for the moving average of t3 and you can see it as it is seen on the chart.
Recommendation for a better view in candle mode, once you press that you want to see demarker in candle mode, go to the style window and destilde wick and borders of each demarker and T3.
How to use?
BUY: When demarking an oversold signal, and the oscillator is above the moving average, buy, you will also see the aqua background.
Sell: when the demarker is overbought and the oscillator is placed or below the T3 moving average sell, you will also see the orange background.
Link below or PM us for access you this indicator Happy Trading
and fixed default settings
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Arahan penulis
Amaran: sila baca panduan kami untuk skrip jemputan sahaja sebelum memohon akses.
Penafian
Skrip jemputan sahaja
Hanya pengguna yang diberikan kebenaran oleh penulis mempunyai akses kepada skrip ini dan ini selalunya memerlukan pembayaran. Anda boleh menambahkan skrip kepada kegemaran anda tetapi anda hanya boleh menggunakannya selepas meminta kebenaran dan mendapatkannya daripada penulis — ketarhui lebih lanjut di sini. Untuk lebih butiran, ikuti arahan penulis di bawah atau hubungi MoneyMovesInvestments secara terus.
TradingView tidak menyarankan pembayaran untuk atau menggunakan skrip kecuali anda benar-benar mempercayai penulisnya dan memahami bagaimana ia berfungsi. Anda juga boleh mendapatkan alternatif sumber terbuka lain yang percuma dalam skrip komuniti kami.
Arahan penulis
Amaran: sila baca panduan kami untuk skrip jemputan sahaja sebelum memohon akses.