Who to use?
This indicator is for Long Term Investors or for Position trading and not for Day traders.
What time-frame to use?
• Daily, Weekly or Monthly
What is Blue line?
• Blue line is Cumulative Moving Average. It is cumulative sum of closing price.
• It is a trend reversal level.
• It is a strong support level.
• If price is below Blue line better not...
Reverse formulated what the closed source version is and releasing open source publicly to give back to the community.
If you have any questions feel free to join our Discord!
![BLX: [Maco] PUELL MULTIPLE](https://s3.tradingview.com/e/ecEyOv0B_mid.png "[Maco] PUELL MULTIPLE")
