The Indicator is a combination of different types of measurements to the Price Action.
1.1 RSI Contra Input like Dollar Index (white Line)
1.2 RSI (colored line)
If you switch off 1.1. and 1.2. you can use the Willspread, POIV or AD Volume as a Indicator
2. The WillSpread is set to measure your Symbol to another chosen Market like Dollar as Contra . But you can switch also between different markets.
2. Accumulation/Distribution with True Range of High or Low including OpenInterest. This only works with Futures .
--Energies, Metals, Bonds, Softs, Currencies, Livestock, live cattle , feeder cattle, lean hogs , index--
Open Interest for:
ZW, ZC , ZS, ZM, ZL, ZO, ZR, CL , RB, HO, NG , GC , SI, HG, PA, PL, ZN, ZB, ZT, ZF, CC , CT , KC, SB , JO, LB , AUDUSD , GBPUSD , USDCAD , EURUSD , USDJPY , USDCHF , USDMXN , NZDUSD , USDRUB , DX , BTC , ETH, LE, GF , HE, NQ, NDX, ES, SPX , RTY, VIX ,
3. Accumulation/Distribution with True Range of High or Low including Volume .
4. The color shows if the Market has positive or negative (RSI, Willspread, Volume or Open Interest)
5. The Indicator also shows Divergences to Price and RSI or Willspread Movements.
If you want to have more information just give me a message.
1.1 RSI Contra Input like Dollar Index (white Line)
1.2 RSI (colored line)
If you switch off 1.1. and 1.2. you can use the Willspread, POIV or AD Volume as a Indicator
2. The WillSpread is set to measure your Symbol to another chosen Market like Dollar as Contra . But you can switch also between different markets.
2. Accumulation/Distribution with True Range of High or Low including OpenInterest. This only works with Futures .
--Energies, Metals, Bonds, Softs, Currencies, Livestock, live cattle , feeder cattle, lean hogs , index--
Open Interest for:
ZW, ZC , ZS, ZM, ZL, ZO, ZR, CL , RB, HO, NG , GC , SI, HG, PA, PL, ZN, ZB, ZT, ZF, CC , CT , KC, SB , JO, LB , AUDUSD , GBPUSD , USDCAD , EURUSD , USDJPY , USDCHF , USDMXN , NZDUSD , USDRUB , DX , BTC , ETH, LE, GF , HE, NQ, NDX, ES, SPX , RTY, VIX ,
3. Accumulation/Distribution with True Range of High or Low including Volume .
4. The color shows if the Market has positive or negative (RSI, Willspread, Volume or Open Interest)
5. The Indicator also shows Divergences to Price and RSI or Willspread Movements.
If you want to have more information just give me a message.
Release Notes:
"Added: Introduced an alert condition to indicate a possible trend change."