
Market Cipher DBSI
Dual Band Strength Index
Market Cipher DBSI is an all-encompassing momentum indicator that uses a scoring system to interpret the signals of 36 separate momentum indicators on a candle-by-candle basis. A candle with a high score at the bottom signals bullish momentum, while high score at the top signals bearish momentum. The score range starts from -5 to 28. When the scores are printing in a positive range (e.g., 15 through 28), that indicates a possible uptrend. If the scores start going negative, it's signaling a bearish reversal. So the higher the score, the greater the strength.
Watch TutorialKey Features
- Great for pin pointing reversals
- Signal good entries and exits
- Alert Settings Feature
- Works well on all timeframes
- Recommended candles: Heikin Ashi or standard candles
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