In V2 of this amazing indicator...!
- Massive upgrade to increase consistency and quality of handling the indicator. Completely customizable rates for EMA, MACD, Bar Change Momentum, and indication for Cycles and Stochastic RSI. The idea is to consolidate all these different indications in percentage form to prevent having to switch between the many possible timeframes.
- The fundamental idea of this upgrade is to better discern upside and downside, this is achieved by two selectable colors (BULL and BEAR), and when a color is active, it is either brighter (which means new/ fresh/ continuation of a trend) or dimmer (deep in the given trend).
- Hovering over the table cells can offer additional data, particularly around the ticker title and the timeframe cell values, which present the total move for the current day, the distribution of bullish, bearish, and neutral values per cell and the gaps formed under the specified timeframes.
- A heatmap mode is offered to better focus on a general trend for the selected timeframes, based on color feedback alone. It is advised to maintain the default settings if intending to get a better feel of where the stock is headed.
- All in all, calculations for cycles and stochastic RSI are fixed, keeping in mind the most effective indication of potential direction change. Timeframes can be made to 1s, 1, 60, 120, 1D, 1w, 1M, or empty to match the current chart.
- ENJOY!!! CHEERS! Please share any additional feedback by sending me a direct message!