Huraian
⋅ This Setup Show Bullish Or Bearish.
The idea is combined from other script (thanks to all scriptwriter) and modified by me.
Mix MA
1. Hull Default setting
2. ALMA default
3. Bollinger Band
4. Keltner Channel
5. Ema/Sma
6. Support and resistant
A) Cloud at Upper:
1. Blue= Upper BB > Upper KC
2. Orange=Upper BB < Upper KC
B) Cloud at Bottom:
1. Blue= Low BB < Low KC
2. Orange=Low BB > Low KC
C) Cloud at Middle:
1. Green= ema20>sma20
2. Red=ema20>sma20
How To Interpret:
1. If candle close high Upper BB, strong bull momentum
If candle close low lower BB, strong bear momentum
2. Green Cloud for Long, Red Cloud for short.
3. Purple Dot for Long, Yellow Dot for short.
4. Four line (modified ema line) Green, Orange, Red, Blue. If all line cross at almost the same time, possibility for Trend Change.
5. All line possibility for pullback area.
6. Black Line for Trend Changer signal.
Tested At Stock Market Bursa Malaysia, maybe can use at FOREX.