MYX 0.28% $7.24 mayne pharma group limited

Hi Charts,On the main daily chart I use a 50 period EMA (orange)...

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    Hi Charts,

    On the main daily chart I use a 50 period EMA (orange) and a 200EMA (red but can't see it on my screenshot of the daily). I've kept them because they both tend to act as support or resistance quite often. The purple line that weaves over and under price is not a MA- it's the midpoint of a Price Headley Acceleration Band- sort of like a Bollinger Band that can give a short term buy/sell trigger when price closes above or below or bounces off this line and confirmed by some other indicators.

    The heatmap looking indicator (Multitrend indicator) is what I use to quickly look at the immediate, minor and major trend direction and strength and it uses 3 HULL MA's - the 10 period, 45 and 100. The top multicolour indicator is short term trend strength based on a custom ADX indicator.

    Probably should have hidden them on the weekly chart because I don't really use them when looking at that timeframe.

    Cheers, Rooster
 
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