All typesAll typesOpen-source onlyOpen-source onlyBaz: Mcdx HeatmapThis indicator is to detect buying and selling momentum based on volume and price action with multiple timeframe mcdx. Improve version of mcdx to let you see clearly real-time changes in 15mins, 30mins, 1h, 2h, 4h, 1D of the mcdx value. Heatmap: Green > Yellow > Orange > Red = Retailer shifting to banker How it works? The color subsides based on the resolution of chart, for example We should focus on larger timeframe, which is >50 on the heatmap. Giving a clear signal that banker is still involved. For value <50 on heatmap, you get faster signal without changing to smaller timeframe getting all the mcdx value, which save us a lot of time to look at bigger picture what is going on. For example, Lets check on each timeframe chart, starting from 15mins For 15mins and 30min chart, mcdx is < 50 For 1H chart, mcdx is about 50 For 2H, 4H 1D, mcdx > 90 Pine Script® indicatorby Joejo20744648
by Joejo2074648