Nice, what is green and red mean? Does green show bullish divergence from EMA and red is opposite?
everwelwisher
⋅
@alreadymillioner, dear, when you see the color changes from Green to Red ( it creates a CROSS and signal for Sell entry), same if you see the color changes from Red to green ( Then Buy Entry on Cross)
everwelwisher
⋅
@alreadymillioner, dear, green and red are CROSS over of TWO Lines, when you see the changes in color from Green to REd on cross take SELL entry ,and same if you see the color from Red to GREEN on CROSS take Buy Entry
PadmaSatya
⋅
Hello May I know how can we use this indicator
everwelwisher
⋅
@PadmaSatya, dear i explained up, when you see cross ( and color changes from Green to red ( Sell Entry) and when the color from Red to Green ( on cross take buy entry )
To the best of my understanding One line is Accumulation / Distribution developed by Marc Chaikin and the other is Smoothed Moving Average 21 so when Accumulation / Distribution Above SME then trend is Bullish And opus. Not 100% sure.
Islam_Elzohary
⋅
? is there is any explain for this indicator
joshuadouglasbarnum
⋅
Its an Accum/Dis Pattern so when its green a whale is accumulating and when its red they are distributing their security to the lay people and selling. Thats it. Nothing else to see here...