Introduction
This indicator is inspired from the mass index indicator with the goal of telling the user when a trend is about to stop thus highlighting potential reversals.
The Indicator
When the indicator cross under the trigger line the trend is about to stop and may reverse, shorter length will spot shorter terms reversals but a length of 100 is a good value.
This indicator is inspired from the mass index indicator with the goal of telling the user when a trend is about to stop thus highlighting potential reversals.
The Indicator
When the indicator cross under the trigger line the trend is about to stop and may reverse, shorter length will spot shorter terms reversals but a length of 100 is a good value.
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You can also check out some of the indicators I made for luxalgo : www.tradingview.com/u/LuxAlgo/
Become a Patreon and get access to exclusive technical indicators!
You can also check out some of the indicators I made for luxalgo : www.tradingview.com/u/LuxAlgo/