Techsys Trend spotter
Indicator is a type of macd and works in a similar way but with a lot less lag and is a lot more reactive to price action.
How to use:
1. Indicator activity above the zero horizontal line is bullish whilst activity below the zero line is bearish.
2. A cross over of the white and orange lines above the zero line is extremely bullish.
3. A cross under of the white and orange lines below the zero line is extremely bearish.
wysiwyg!
How to use:
1. Indicator activity above the zero horizontal line is bullish whilst activity below the zero line is bearish.
2. A cross over of the white and orange lines above the zero line is extremely bullish.
3. A cross under of the white and orange lines below the zero line is extremely bearish.
wysiwyg!
Release Notes:
redundant lines in script removed.