This is a combination of the PERCENTAGE of PRICE OSCILLATOR (PPO) and Momentum. When both oscillators are up in the same direction it is buying (green bottom and green oscillators), when both oscillators are down it is sell (red bottom and red oscillators. When they do not agree (silver bottom) it is to keep doing nothing. You can also see the change in trend with the candles as well. same colors as the background and the oscillators.
you are creating your indicators too low period of time and they doesnt work on 5d chart for medium term analysis. Can you make some for medium term as well please?
Adestin622
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Hola, este indicador creo que esta presentando fallas, el ultimo año no lo grafica, aviso para saber si no soy yo solamente. Saludos.
jdam18
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doesnt seem to work......
Timi1313
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Thanks for Sharing. This indicator work best on lower or higher time frame?