An easy to understand indicator * Bullish/Bearish Engulfing candles filtered by an adjustable rsi * Bullish/Bearish Pin Candles filtered by an adjustable rsi * Top of the Screen status of chart action - Grey neutral Market, Pruple down trending market - Green - Blue - Yellow color coded Up trending Market - Red to Purple down trending market
* A 50 and 200 sma is included * 2 adjustable 'Means based on Timeframes (in minutes 1, 5, 15, 60, 240, etc)
Suggestions to add on the chart - order block and High/Low indicator(s) - a rsi, msi, or stochrsi for divergences
Does not repaint Aids in finding bottoms and tops in the market
adjusting rsi length over bought, over sold, and ranging rsi numbers (grey 45 to 55) (blue/yellow 60 to 80)
Please trade at your own risk. This tool does not guarantee buy and sell signals as with all indicators.
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