INVITE-ONLY SCRIPT
DD_Delta
Description:
The DD_Delta Indicator is a mean reversion indicator based on the concept of moving average and fibonacci level multiples. The middle blue line corresponds to the 13 MA with the orange and red lines lines being a factor and inverse of 1.414 and 1.272 of the blue line respectively. Price usually retraces from the purple and red (green and blue) lines towards the back line. Also, the direction of the ribbon indicates the nature of the market - upwards: bull, downwards, bear.
Best TF to use this on: 2D.
For access, DM me.
The DD_Delta Indicator is a mean reversion indicator based on the concept of moving average and fibonacci level multiples. The middle blue line corresponds to the 13 MA with the orange and red lines lines being a factor and inverse of 1.414 and 1.272 of the blue line respectively. Price usually retraces from the purple and red (green and blue) lines towards the back line. Also, the direction of the ribbon indicates the nature of the market - upwards: bull, downwards, bear.
Best TF to use this on: 2D.
For access, DM me.
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 DataDater for more information, or follow the author's instructions below.
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