This is honestly the first try to save and publish a record of my unexperienced mind.
Note
I guess - as a uninitiated that the actual line will follow my outer orange line and the grey bow as momentum to the downside.Note
Ah ok, I should add that I mean that the grey bow represents the MACD impact I painted in the MACD channel - so as hard the MACD will respond the harder we will be on my red line :) Though remember, I can`t give any financial advice - this is for educational purposes only.Note
So fun fact by the way: This charts always remind me of physical objects bounding in a restricted 2D physical space when playing with friction and damping.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.