MAD Indicator Performance (PAID Indicator)Hi All,
here is the performance of my new publication, Market Anomaly Detector (MAD) indicator. it shows bullishness (Green background) when market anomaly is bullish, means it is above upper level which is green line... it shows market bearishness when price is below lower level Red line (red background) and grey back ground is expected price range when price is between upper and lower level but in between there is blue line which is mean of last 50 candles im using in this indicator... it also display z score and RSI level, +1 and +1.5 and more shows more strength in the upper levels and similarly below -1 and more it shows more strenth in downside levels..
Z score dashboard becomes green or red basis on z score, negative score red and positve green and between -1 to +1 grey..
i am also using reverse signals when price crossed above lower level which is red line like i said above and when price closes below upper levels, lts a sell.
im using trade cool down period to check last 5 candles (can be changed as per your input in the indicator settings.) for signal..
