MACD with faster reacting parameters and Bollinger bands overlaid on it. It signals quite often so it is best to use with other indicators.
- Wide ribbon: continuing trend
- Ribbon pinch: reversal
- Ribbon pinch outside of bands: strong reversal
My published indicators: www.tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)