AM Bullish/Bearish Confluence Indicator

This indicator is designed as an additional layer of confluence to the AM Trading Strategies. It is not meant to be relied on as a buy or sell indicator.

The indicator works by plotting swing high and swing low points across multiple timeframes. When price breaks the most recent swing high or swing low point in combination with price being above or below at least 3 major moving averages, a bullish or bearish indicator will be shown respectively.

The indicator is effective in trending markets but less effective in ranging markets.

All indicator colors can be modified in the settings.
The text can be removed in the settings for a more minimalist look.

There is also an alert function which can be used to send an alert when a bullish or bearish indicator becomes available.

The indicator works on all currency pairs, gold , oil , crypto, and stocks in a very similar way.

Use the link below to obtain access to this indicator.