Get started

L1000x

L1000X Indicator Final Version + TutorialThis is the final version of L1000X, it is complete until further notice Added Histogram, will show you the true length of oscillations and reacts 6 candles faster than MACD in this experiment. Histogram also shows the intensity of trend by height of candles and the color of histogram columns, TUTORIAL: How to Read Histogram(Red and green column chart on L1000X indicator.): -Dark Green- Strong Bullish -Light Green- Light Bullish -Dark Red- Strong Bearish -Light Red- Light Bearish How to Read L1000X Fast and Slow Signal Lines with Histogram for trading and investing ideas. -Blue is Fast and Orange is Slow *Used color palette of MACD to be usable on any chart layout* Cross down= Fast crosses Slow from above. Can indicate a reversal in trend, can also indicate trend continuation(bounce). Cross up= Fast crosses Slow from below. Can indicate a reversal in trend, can also indicate trend continuation (bounce). Buy Setup= Fast drops well below Slow Sell Setup= Fast grows well above Slow Swing over= The description of the full shape of a buy setup, wave crossing up, and a sell setup. Swing under= The description of the full shape of a sell setup, wave crossing down, and a buy setup. Crest= In a Swing over or swing under, a high momentum candle is proceeded by lower momentum of the same trend, can indicate reversals. Scalp= A small swing over or swing under which is proceeding a bounce in the prevailing trend Bounce= A swing over or swing under, in a situation where may look like a sell or a buy, but continues in direction of the trend. Fast may bounce off of the slow, or even away from it. Prevailing Trend- Trend which has been indicated in majority of by the Histogram for the timeframe you are looking at Confluence= when Histogram, Prevailing Trend and Fast over/under Slow all indicating of a reversal, to try to predict tops and bottoms Thanks for your support! L1000X Labs
Education
by Leverage1000X
4