LIVIDITIUM Channel {PREMIUM}

This is the LITE version of LIVIDITIUM {PREMIUM} -- with colored streaks highlighting oversold or overbought conditions along the LVDT-bands.

The LIVIDITIUM is a set of indicators centered around a series of parallel dynamic bands call the LVDT guide bands, defined by lines call the LVDT levels. Major LVDT levels have thicker line-widths.

LVDT levels are constructed from a mathematical conjugation of the complex golden ratio solutions.
>> Useful to determine critical levels, indicates possible support levels, as well as major and minor tops/bottoms.

Look at historical interactions to work out key levels for any particular chart, and adjust the displacement offset value to get the LVDT levels to conform better to a particular chart at a particular time-frame.

Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment/trade decisions.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.

Please PM me for access information.
(Bundled with LIVIDITIUM {PREMIUM})

Versionshinweise:

Tweaked default low time-frame parameters.