Progressive Trend Tracker (PTT) is a development combining Bollinger Bands with Highest Highs and Lowest Lows by K.Hasan Alpay & Anıl Özekşi.
As observed on the charts the reading is well above the lower band and indicating the strength in the DXY. The three green soldiers bring message of strength from the world of candle stick patterns.
The VIDYA ( Variable Dynamic Moving Average is the black line on the chart and is the VAR based moving average. The price above this line also signals strength in the index.
The support and resistance lines is coming from the inbuilt indicator that display nearest support and resistance from GANN Square of 9 box. The RED line is the strongest resistance here and the blue line is the moderate support.
As observed on the charts the reading is well above the lower band and indicating the strength in the DXY. The three green soldiers bring message of strength from the world of candle stick patterns.
The VIDYA ( Variable Dynamic Moving Average is the black line on the chart and is the VAR based moving average. The price above this line also signals strength in the index.
The support and resistance lines is coming from the inbuilt indicator that display nearest support and resistance from GANN Square of 9 box. The RED line is the strongest resistance here and the blue line is the moderate support.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.