Momentum Aggregator to identify Pivot Points

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This indicator takes into account various indicators like RSI, MACD etc.. to identify confluence and divergence which will help to identify pivot points in price.

Legend:

Green candles identify when there is a confluence of momentum to the upside
Red candle identify when there is a confluence of momentum to the downside

Note: These colors do not identify a positive or negative change in price for the candle. The candle outline identifies this

White candles identify when there is a divergence in momentum often identifying a pivot point for price

Yellow candles identify extreme exhaustion often indicating a good time to anticipate a reversal

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Sürüm Notları

This indicator takes into account various indicators like RSI, MACD etc.. to identify confluence and divergence which will help to identify pivot points in price.

Legend:

Green candles identify when there is a confluence of momentum to the upside
Red candle identify when there is a confluence of momentum to the downside

Note: These colors do not identify a positive or negative change in price for the candle. The candle outline identifies this

White candles identify when there is a divergence in momentum often identifying a pivot point for price

Yellow candles identify extreme exhaustion often indicating a good time to anticipate a reversal