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alexgrover
31. Mai 2019 20:05

Reversal Points 

EUR/USDOANDA

Beschreibung

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.
Kommentare
ICEKI
Interesting and useful; thank you Alex =D
AltJams
@ICEKI, This does look very interesting!! Thanks @alexgrover !!
victorcpwong
What does it tell us when the indicator stays below the benchmark level?
Or, is it only meaningful when the indicator crosses under the benchmark level from above?
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