This indicator combines the use of directional information and smoothed moving averages to help traders indicate trend reversals and strengthening trends. As you can see in the chart above this indicator makes it very easy to spot trend reversals in trending markets.
Where this indicator falls short unfortunately, is its use in ranging markets.
This is a great indicator for all beginners and professionals who prefer to trade in volatile markets such as cryptocurrencies.
This indicator package will come with 3 indicators:
- Premium oscillator to help spot forming trends and reversals.
- Taking MaxADX a step farther by creating an overlay that show possible trend strengthening and reversals via bar colors and shapes.
How to get:
To qualify for the trial period which ends January, 1st 2018, please go to the link in my bio and click subscribe!
You will then be sent directions for your account to be added to the whitelist.
Request a FREE 30 Day Trial at DepthHouse.com
This script is one of my original scripts and needs updated dearly. I will grant you access but please be sure to check out my latest ones. Enjoy!
What is the difference between the upper and lower color. And how can I spot the "spike in momentum" and "Trend change strengtening"? Is there any documentary I can read up on it?
I hope the image below helps!