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Death Metal 89
A part of the DMM Face-Melter Pro indicator suite, available as a standalone package.
A Fibonacci 89 moving average (either SMA or EMA) that is wrapped in a standard MACD histogram.
The MACD is great for identifying the overall trend in price action momentum, while the Fibonacci 89 moving average provides a useful support/resistance level and medium-term trend direction.
Includes the 200 day moving average cloud feature.
200 Day SMA and EMA moving averages displayed together to create a highly reliable cloud of support and resistance.
The 200 day moving averages are gold standard for serious traders. Price action nearly always reacts to them, whether on the way down or back up.
Utilizing both the 200 day SMA and EMA together provides a logical range (or cloud) to work with, rather than a cut-and-dry single line.
A Fibonacci 89 moving average (either SMA or EMA) that is wrapped in a standard MACD histogram.
The MACD is great for identifying the overall trend in price action momentum, while the Fibonacci 89 moving average provides a useful support/resistance level and medium-term trend direction.
Includes the 200 day moving average cloud feature.
200 Day SMA and EMA moving averages displayed together to create a highly reliable cloud of support and resistance.
The 200 day moving averages are gold standard for serious traders. Price action nearly always reacts to them, whether on the way down or back up.
Utilizing both the 200 day SMA and EMA together provides a logical range (or cloud) to work with, rather than a cut-and-dry single line.
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