madnessMA

madnessMA 

This indicator calculates the correlation between MAs of different periods.

Lines:

  • Black/Red dots – Shows Open/Close signals (Above chart = BUY, below = SELL)
  • Silver Line – Trend correlation (100 = All MAs are UP trend, -100 = All MAs are DOWN trend)
  • Blue Line – Sort Degree (100 = All MAs are ASCENDING, -100 = All MAs are DESCENDING)
  • Blue Dashed Line – Rough Sort Degree between MAcheck, Higher MAs and Lower MAs (100 = All Higher MAs are above MAcheck and all Lower MAs are below MAcheck, -100 = Higher MAs < MAcheck < Lower MAs; Higher and Lower MAs don’t have to be sorted)
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