MP29. RiskLine Indicator

描述

This is a Multicharts indicator that detects whether the market is overheating.

When the market goes into the overheated zone,

It means that the direction of the original trend has not changed and is irreversible.

But when the market goes from the overheated zone to the non-overheated zone, means the market will have chance to reverse original direction of trend.

It can effectively enhance the trader’s judgment for the market.