Master is a trend indicator that uses Bollinger Band (BB) and Exponential Moving Average ( EMA ) as its main components. 1️⃣ Two EMA lines are used to create the band, which are EMA 8 and EMA 21 When EMA 8 value > EMA21 value, the band color is filled with green and when EMA 8 < EMA21, band is grey Green means uptrend mode and grey downtrend mode. 2️⃣ EMA50...
As retail traders in Bursa Malaysia, before taking our position we must make sure that the chart we chose is an uptrend counter. So this indicator can assist us to identify whether the chart is an uptrend or downtrend. This indicator consist of 3 "ribbon" 🔰 First one is the combination of ema5 and ema10. > lightest green when ema5 > ema10 > lightest red when...
This indicator based on mathematical algorithm of 2 fast ema lines. The purpose is to see the overall trend of wheather Bull is stronger than Bear and vice versa. This can assist traders to spots trends and reversals Green Line = Bull Line Red Line = MA Line of Bull How to use this Indi : Green Dot = Buy Signal Red Dot = Sell Signal Green Line Cross Up Level...