kgiap123

MCDX Plus

INTRODUCTION
Upgraded version of MCDX (Add Moving Average) PROTECTED VERSION
This indicator is similar to original MCDX to detect Buyer and Seller momentum based on Price and Volume to detect Buyer and Seller momentum
This indicator helps to detect “Strong Buyer Activities a.k.a Bankers” based on volume and price movement.


HOW TO USE THE INDICATOR?
There are 2 parts . BARs & Moving Average Lines

BARs
  • RED BAR = POSSIBILITY of BANKER VOLUME
  • YELLOW BAR = POSSIBILITY of HOT MONEY VOLUME
  • GREEN BAR = POSSIBILITY of RETAILER VOLUME

Red Bar Increase means Buyer's momentum increases.
Green Increase means Seller's momentum increases.
We focus on RED Bar to buy. i.e PREFERABLY we buy when RED bar increase.

Example:-
  • If Banker’s Bar (Red Bar) crosses above 5 (25%) = Banker begins to build position
  • If Banker’s Bar > 10 (50%) = Banker already built positions. Price will start accelerate
  • If Banker’s Bar > 15 (75%) = Banker in control. Price will rocket
  • If Green colour is Retailer (Avoid)..


MCDX Plus comes with Moving Average
DEAD CROSS (shares down)
  • Banker’s MA cross below Retail’s MA
  • Banker’s MA cross below Hot Money’s MA
  • Hot Money’s MA cross below Retail’s MA

GOLDEN CROSS (shares up)
  • Banker’s MA cross above Retail’s MA
  • Banker’s MA cross above Hot Money’s MA
  • Hot Money’s MA cross above Retail’s MA


Contact me to find out more about Turtle Trading System and indicators
Release Notes: Minor Bug Fix on Retailer Moving Average.
Release Notes: ver 57.0 : Change minimum offset setting to 2 to increase sensitivity for Intraday trade.
Release Notes: Version 61.0 Change Offset data type to float with 0.5 step change (Intraday trade setup)
Release Notes: Enhancement:-
1) Differentiate type of RED BAR
DARKER RED COLOR - STRONG BULL FORCE
LIGHTER RED COLOR - WEAK BULL FORCE

example of usage :- Potential Buy if Banker's Chip bar change from LIGHTER to DARKER RED

2) Enable Alert Notification of Banker's Bar color changing.
DARKER RED COLOR - STRONGER BULL Alert Notification
LIGHTER RED COLOR - WEAKER BULL Alert Notification
Release Notes:
  • Set Highlight Weak Banker as Default Setting
  • Add Oversold (OS) signal for Sell at Peak setup
  • Add Overbought (OB) signal for Buy on Dip setup

Detail usage of MCDX+ is shown below.
Release Notes: 1) Publish with Clean Chart.
2) Change offset default setting to 10
Release Notes: Change scale from 20 to 100 to represent percentage.
Release Notes: Remove dormant input and cleanup code.
Release Notes: Implement Golden & Dead Cross Alert.
Alert Conditions:-

Banker's MA > 25%
BANKER MA CROSSES HOTMONEY/RETAILER MA
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Comments

A very good indicator! Can you grant me to try it?. Thx.
+39 Reply
kgiap123 freemanyim
@freemanyim, 1 week trial
+12 Reply
Ahmad101 kgiap123
@kgiap123, me too please
Reply
alexwaterpm kgiap123
@kgiap123, thank you.
+3 Reply
nelsoncs712 kgiap123
@kgiap123, hi sir. How can i the mcdx indicator? Thanks sir
+6 Reply
kgiap123 nelsoncs712
@nelsoncs712, I've granted you 1 week trial.
Reply
nelsoncs712 kgiap123
@kgiap123, hi. How can i have this software ya?
+5 Reply
kgiap123 nelsoncs712
@nelsoncs712, I already grant you an access.. please load the indicator from invite-only script
+3 Reply
@kgiap123, how can i get full access edition?tq
+17 Reply
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