I personally use this indicator as my main indicator on 1d chart with default settings. I recommend not to buy on signal when momentum is Bearish or sell on signal when momentum is Bullish.
line 33 : if show4 and (l > l[1] and m > m[1] and s > s[1]) line 35 : if show3 and (l > l[1] and m < m[1] and s > s[1]) line 37 : if show2 and (l > l[1] and m > m[1] and s < s[1]) line 39 : if show1 and (l > l[1] and m < m[1] and s < s[1]) line 43 : if show1 and (l < l[1] and m > m[1] and s > s[1]) line 45 : if show2 and (l < l[1] and m < m[1] and s > s[1]) line 48 : if show2 and (l < l[1] and m > m[1] and s < s[1]) line 50 : if show4 and (l < l[1] and m < m[1] and s < s[1])
Ben_Neumann
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Hey @thomsonraja, Thank you for that. Very good suggestion
I recommend not to buy on signal when momentum is Bearish or sell on signal when momentum is Bullish.