This Indicator is an experimental Divergence Finder using the DBT MoMo formula. See DBT MoMo v.4 for details on the main script. It uses a slower version of the DBT MoMo Price Line to smooth out the trend and color codes the Price Line based on its trend. Bullish Divergence is denoted by Blue Labels below the Price Line. Bearish Divergence is denoted by...
The Market Sentiment Shading Indicator shades the background of the asset based on signals from the DBT MoMo and Oasis Trading Suite. This indicator was designed to make it very obvious which direction the trend is moving and to keep the trader focused on following trend. There are four different shades: Dark Green = Bull Light Green = Strong Bull Dark Red =...
This indicator is an Add on to the DBT MoMo v.4. Due to a conflict with the Oasis Trading Suite the DBT MoMo Candle Colors had to be turned off for now. To compensate we created a background shading indicator that will shade the same candles as before. For Access or Questions: Private message us. Thank you.