MMD Clouds - is a ribbons formed from the combination of two types of moving averages: SMA and EMA
12, 48, 288, 1440 . You don't even know how much you want to know the magic of these numbers.
Ersoy its momentum indicator.
This is combined all-in-one system for Magic Clouds (MMD). It contains:
- Clouds based on pairs of EMA + SMA acting as dynamic support/resistance
- Levels marked when clouds transitioned between each other
- Diamonds level (2 Green - Red - 2 Green OR 2 Red - Green - 2 Red) which acts as levels to be retested in the future by price