Master Dragon
Indicator
36 downloads
Version 1.0, Mar 2025
Windows, Mac
Since 20/09/2024
143
Sales
18.33K
Free installs
Description
Summary
AI summary
Master Dragon is a trading indicator that integrates trend analysis using exponential moving averages (EMAs) with volume analysis to deliver visual signals on price charts. It identifies short-term and long-term trends by monitoring price positions relative to long-term EMAs (200 and 233). The indicator also assesses momentum by detecting price movements accompanied by increasing volume, signaling trend strength. Additionally, it provides volume-based warning signals to highlight potential price reversals when significant volume decreases occur. This combination allows traders to evaluate trends, momentum, and possible reversals effectively. The indicator is designed for use on H4 (4-hour) charts and is suited for identifying ideal long-term trends.
Indicator profile
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FAQ
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Price
Since 20/09/2024
143
Sales
18.33K
Free installs
