AM Bullish/Bearish Confluence Indicator
The indicator works by plotting swing high and swing low points across multiple timeframes. When price breaks the most recent swing high or swing low point in combination with price being above or below at least 3 major moving averages, a bullish or bearish indicator will be shown respectively.
The indicator is effective in trending markets but less effective in ranging markets.
All indicator colors can be modified in the settings.
The text can be removed in the settings for a more minimalist look.
There is also an alert function which can be used to send an alert when a bullish or bearish indicator becomes available.
The indicator works on all currency pairs, gold , oil , crypto, and stocks in a very similar way.
Use the link below to obtain access to this indicator.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact alphamindfx directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact alphamindfx directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.