MCDX+
1. MCDX+ can be used on equities, futures, forex and crypto and also on different time frame (daily, weekly and hourly) as well, we advise only look for hourly chart or longer time frame.
2. Consists of fund candle, moving average line, info panel and tick & cross.
3. The indicator is easy to use and interpret the direction and strength of smart money.
4. Fund candle consists of three (3) colors :-
− RED = Profitable chips/banker sentiment
5. 10-day moving average line :-
− DARK RED = Profitable chips/banker sentiment (BMA)
− PURPLE = Floating chips/short-term trader (HMA)
− BLUE = Locked chips/retailers with loss (RMA)
6. Tick & cross :-
− Tick = Safety sign, BMA cross-up HMA/RMA
− Cross = Warning sign, BMA cross-down RMA
7. Application :-
− BULL = Banker sentiment (RED) higher is better, cross-up BMA and above level 50% without locked chips. BMA cross-up HMA/RMA
− BEAR = Banker (RED) has diminished to zero, locked chips (TURQUOISE) > 50%
8. Four (4) alert conditions are set to notify when desired condition was triggered, i.e.
(1) Banker chips cross-up BMA
(2) Banker chips cross-down BMA
(3) Strong Holding (without locked chips)
(4) BMA cross-up RMA
9. An info panel with values of banker chips, floating chips and locked chips is added. Users can opt for Full-Latest bar & prior day data (%) or Simplified-Latest bar data only (%) and choosing text size: Small or Normal size.
10. Tooltip is added in indicator’s setting to illustrate the options available.
11. MCDX+ is not advised to be used solely for the purpose of buy/sell, work best together with indicator TrendX+, DDX+ and BBD+.
2. Consists of fund candle, moving average line, info panel and tick & cross.
3. The indicator is easy to use and interpret the direction and strength of smart money.
4. Fund candle consists of three (3) colors :-
− RED = Profitable chips/banker sentiment
- DARK RED = Banker sentiment above BMA but 10-day average is lower than the previous day
- LIGHT RED/PINK = Banker sentiment down below BMA
− YELLOW = Floating chips/short-term trader
− TURQUOISE = Locked chips/retailers with loss
5. 10-day moving average line :-
− DARK RED = Profitable chips/banker sentiment (BMA)
− PURPLE = Floating chips/short-term trader (HMA)
− BLUE = Locked chips/retailers with loss (RMA)
6. Tick & cross :-
− Tick = Safety sign, BMA cross-up HMA/RMA
− Cross = Warning sign, BMA cross-down RMA
7. Application :-
− BULL = Banker sentiment (RED) higher is better, cross-up BMA and above level 50% without locked chips. BMA cross-up HMA/RMA
− BEAR = Banker (RED) has diminished to zero, locked chips (TURQUOISE) > 50%
8. Four (4) alert conditions are set to notify when desired condition was triggered, i.e.
(1) Banker chips cross-up BMA
(2) Banker chips cross-down BMA
(3) Strong Holding (without locked chips)
(4) BMA cross-up RMA
9. An info panel with values of banker chips, floating chips and locked chips is added. Users can opt for Full-Latest bar & prior day data (%) or Simplified-Latest bar data only (%) and choosing text size: Small or Normal size.
10. Tooltip is added in indicator’s setting to illustrate the options available.
11. MCDX+ is not advised to be used solely for the purpose of buy/sell, work best together with indicator TrendX+, DDX+ and BBD+.