The indicator consists of 7 clouds / ribbons. Each of them constitutes resistance / support depending on which side of the cloud the price is on. If they are stacked one below the other - red (12), orange (48), light blue (144), dark blue (288), green (720), light green (1440), purple (3456). This marks the beginning of a period of strong growth. More mature...
This is combined all-in-one system for Magic Clouds (MMD). It contains: - Clouds based on pairs of EMA + SMA acting as dynamic support/resistance - Levels marked when clouds transitioned between each other - Diamonds level (2 Green - Red - 2 Green OR 2 Red - Green - 2 Red) which acts as levels to be retested in the future by price
mmd metodology by Mariusz Drozdowski with averages ema sma 12 48 288 1440