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Manus Composite 12-Indicator Histogram

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Of course, here is a concise English description for the indicator:

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This indicator measures market trend strength by creating a composite score from 12 technical indicators. It combines 5 Exponential Moving Averages (EMAs) and 7 MACD-style EMA crossovers, covering short, medium, and long-term periods.

Each of the 12 indicators contributes a weight of +8.33% for a bullish signal or -8.33% for a bearish signal. The total score, ranging from -100% (unanimously bearish) to +100% (unanimously bullish), is plotted as a histogram. This provides a comprehensive, at-a-glance view of the overall market sentiment.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.