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Flush with MOMO

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The Flush indicator highlights the possible turn of the market cyclical distribution , when a flush takes places within a pinzone there is a higher probability of the arrival of an informed trader. It can lead to a turn in price and if the flush fails it is also a high probability trade to buy/sell for continuation of the market cycle extending.

It is best to use this indicator with the spectrometer to fully understand the concept and to verify the flush as the flush has multiple nuances which can not be coded due to situational differences.

The momentum paddles of the indicator are based on 2 candle pullback which has failed to turn the gaussian cycle so it is unlikely that the price will keep turning so the continuation of the previous move is more probable.

You can change the timeframe of the indicator to track different time frame signals if desired.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.