MACV ULTIMATE
MACV E-Mini ULTIMATE
The AlgoBox™ MACV Ultimate indicator aggregates the MACV direction of the following index futures instruments: 1) YM 2) ES 3) RTY 4) NQ The result is an overall U.S. index futures market sentiment indicator, which can visually display strong or mixed market directions in real time. There are 5 status levels of the AlgoBox™ MACV Ultimate: -Strong Sell -Moderate Sell -Neutral -Moderate Buy -Strong Buy
Strong Sell All four index futures' MACV charts have been recently moving down. Moderate Sell Three of the four index futures' MACV charts have been recently moving down. Neutral Two index futures' MACV charts have been recently moving down and the other two index futures' MACV charts have been recently moving up, creating a neutral overall market direction. Moderate Buy Three of the four index futures' MACV charts have been recently moving up. Strong Buy All four index futures' MACV charts have been recently moving up.
The MACV Ultimate is a "higher time frame" top level indicator that can be used as part of the Order Of Operations top-down analysis process to assist in assessing market direction.
The AlgoBox™ MACV ULTIMATE indicator is accessed via web browser and is 100% FREE to use. Simply join our AlgoBox™ Discord server. It is located in the channel "macvu-filter-tool" on the left side menu.
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