EMI , Epic Market Indicator:
60-74% theoretically profitable trades, depending on the time period. However if you use EMI blindly, the percentage might even go lower. Nevertheless, there should be enough presenting opportunities, if you use her wisely.
This indicator is a combination of different oscillators:
-Buy & Sell signals
-Bottom & Top signals
-Volume Flow heat map
turns green or red when entering overbought or oversold territories.
Dots on wave crossings are buy or sell signals.
Diamonds above are possible bottoms and tops.
Green = Bull signals
Red = Sell signals
These signals are buy & sell conditions based on different oscillators, known by many traders.
ALWAYS wait for the candle to close and another confirmation before taking any consideration nor actions. No signals means trend continuation.
Using EMI 2 in combination with EMI 1, traditional authentic pattern formations and darkened theme is recommended. Good luck fellow traders and don't forget to tap the like button. Thanks in advance.
- Modified RSI and Stochastic settings and conditions
- Corrected RSI colors when in overbought or oversold territory
- Modified Money/Volume Flow settings
-Modified Wave Trend settings for smoother looks and even more accurate predicting possible tops & bottoms
-Adjusted overbought and oversold territories