INVITE-ONLY SCRIPT
MCDX Pro+ | BMS
Updated
Published 10 June 2021
MCDX Pro+ | BMS
Bull Momentum System Pro
Use this indicators with other BMS indicators.
(Smart Power / MC Pro++ / SMI Pro+)
How to use:
This indicator detects Banker volume.
Green Bars = Retailer ( Bearish / Downtrend)
Gray Bars = Hot Money (Sideways / FIFO)
Red Bars = Banker Smart Money ( Bullish Uptrend)
Pink Bars = Weak Banker (Pullback / Unloading / Technical Rebound)
Blue line = FIFO entry
- Blue line is a fast signal to enter when there is no banker yet.
- Good for BTST / FIFO trade.
- If Blue Line is up too strong a fast pullback may happen
- Yellow line = Bearish (pullback)
- Blue line up together with Red bars means strong bullish.
Overbought / Oversold symbol:
Orange Circle = Overbought / Possible very strong bull
Blue Circle = Oversold / Possible bottom catch / Rebound
Banker levels and Rocket symbol:
Level 0% = No Banker show 0 Rocket
Level 25% = Banker step-in show 1 Rocket
Level 50% = Banker build position show 2 Rocket
Level 75% = Banker takes control show 3 Rocket
Level 100% = Banker overbought show 4 Rocket
Best entry when position is Oversold and Red Banker step-in
and build-up position more than 50% level.
Take profit when Overbought, Pink Bars (banker unloading) and
Blue line turns Yellow line.
MCDX Pro+ | BMS
Bull Momentum System Pro
Use this indicators with other BMS indicators.
(Smart Power / MC Pro++ / SMI Pro+)
How to use:
This indicator detects Banker volume.
Green Bars = Retailer ( Bearish / Downtrend)
Gray Bars = Hot Money (Sideways / FIFO)
Red Bars = Banker Smart Money ( Bullish Uptrend)
Pink Bars = Weak Banker (Pullback / Unloading / Technical Rebound)
Blue line = FIFO entry
- Blue line is a fast signal to enter when there is no banker yet.
- Good for BTST / FIFO trade.
- If Blue Line is up too strong a fast pullback may happen
- Yellow line = Bearish (pullback)
- Blue line up together with Red bars means strong bullish.
Overbought / Oversold symbol:
Orange Circle = Overbought / Possible very strong bull
Blue Circle = Oversold / Possible bottom catch / Rebound
Banker levels and Rocket symbol:
Level 0% = No Banker show 0 Rocket
Level 25% = Banker step-in show 1 Rocket
Level 50% = Banker build position show 2 Rocket
Level 75% = Banker takes control show 3 Rocket
Level 100% = Banker overbought show 4 Rocket
Best entry when position is Oversold and Red Banker step-in
and build-up position more than 50% level.
Take profit when Overbought, Pink Bars (banker unloading) and
Blue line turns Yellow line.
Release Notes
Add RSI line and algorithm.Release Notes
Upgraded to version 3 now with RSI Divergence alert.Release Notes
Add top horizontal RSI bull bear line.Release Notes
New smart color line and divergence line.Release Notes
Code optimization.Release Notes
Add Stoc & RSI color icon on info panel, sensitivity algorithm and color settings.Release Notes
Minor cosmetic fixed.Release Notes
Updated to XP version with ID-VWAP switch mode.Release Notes
New VL (Volatility Line) color RED = Pullback / BLUE = Bullish.Removed ID-VWAP switch, one mode works in different time-frames.
Smoothed Stochastic line reduced noise.
Release Notes
Updated to Pine Script v5. New HMA line and %R line indicator.Release Notes
Reinvented the MCDX with new color scheme. Smoothed RMA line and high accuracy QQE range filter.Release Notes
Double RSI now integrates with MCDX.Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact gwhoe for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Want to use this script on a chart?
Warning: please read before requesting access.
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.