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Momentum Flow Support

30
Peace -

This indicator was created to help identify trend flow through the lense
of the 200, 50, and 20 Exponential Moving Averages.

If the 20 and 50 EMA are above (or below) the 200 EMA, the 200 EMA will be either
a green or red color respectively.

- The indicator has many options to work with -

-There are check boxes for each indicator element to appear -

1) The "Moving Average Flow" buy/sell arrow will appear
if price closes beyond the 20 EMA.

2) Bollinger Bands are available for the chart (or not).
An arrow will appear if price reaches a bollinger band extreme.

3) MACD is available as well. A circle appears when there is
an MACD moment.

----there are so many creative ways to work with the MFS indicator---

I like the 1 min chart for signals, while being aware if price is aprroaching
a Key level (support or resistance). The usual rule is to "not sell into support"
or "buy into resistance".

I like working with 15 min and 1 hour or 4 hour charts
for key structure levels. (See "Momentum Flow Build 9-25" Indicator if U dig)

Here is one of many strategy ideas if U dig:

If price is moving with energetic displacement,
(and not too close to a key stucture level), then
there may be a trade opportunity.

Patience is the essence of the process

A good rule is, if there is no energetic price displacement, then no trading.

There is either "Market Maker" intention
to move price or not. (If/Then)

If there is energetic price displacement in the flow of the 20/50/200 EMA,
and price retraces to Bollinger Band extremes (preferably to an FVG - Fair Value Gap),
the idea is look for an "engulfing candle" moment as a trade entry potential in the direction of the overall "Momentum Flow". A "probabilistic mindset" is the key, and the "Mindset is the win".

Peace -

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