MC Pro (Momentum Compressor) with Fast MACD Detects buying selling momentum & consolidation suitable for Swing & Day Trading.
Check settings option switch to FIFO setup.
Histogram Green = Buying momentum firing up (good for swing trade) Red = Pullback (Red below histogram line is Downtrend) Pink = Rebound (good for bottom catch / FIFO trade)
Dots Gray = Expansion (can fire up or fire down) Light Blue = Low compression Dark Blue = Medium compression Purple = High compression (sideways consolidation)
Fast MACD & Signal line crossover Green dot & cross-down Purple dot
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Add new FIFO signal column color below histogram.
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Fast mode set to default.
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Add MACD crossover signal on info panel.
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Mode setting 1.BMS or 2.ID-VWAP.
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Update XP version improved MACD algorithm.
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New Momentum Line indicator for ID-VWAP mode works in lower time-frames.