The Trend Oracle - The Ultimate Position Tool

2021년 4월 9일

The Trend Oracle is a superadaptive multi-timeframe Indicator
Ideal timeframes are 4H, and 1D

It is based on a combination of several other indicators including:

- The Superstrength Index - An adaptive indicator using volume weighted average of the traditional RSI, MFI and OBV
- The Superfast MACD - An adaptive zero lag MACD
- ADX Trend - A tweaked version of the ADX
- Chop Zones - A combination of 2 Chop indexes to identify trending and non trending conditions.
- The Adaptive Supertrend - An adaptive version of the Supertrend, (switching multipliers based on the market trend)
- Breakout & Breakdown - An algorithm computing volume compression and expansion to indicate breakout & breakdown signals.
- [bBullish and Bearish Divergences - Confirmed Bull and Bear divs shown as green and red dots at the top and bottom of the indicator.

Areas highlighted in Aqua are bullish, red are bearish.
Use this indicator as a tool to position yourself over longer timeframes.

Enjoy!
MM :)