Death Metal 144

A part of the DMM Face-Melter Pro indicator suite, available as a standalone package.

A Fibonacci 144 moving average (either SMA or EMA) that displays as a double-smoothed Heikin-Ashi candle pattern or as direct copies of Heiken-Ashi candles.

Heikin-Ashi candles were created in the 1700s by Munehisa Homma, who also created the standard candles.

Heikin-Ashi candles are widely used for interpreting the overall trend of price action, while the Fibonacci 144 moving average provides a useful support/resistance level and medium-term trend direction.

Includes the 200 day moving average cloud feature.

200 Day SMA and EMA moving averages displayed together to create a highly reliable cloud of support and resistance.

The 200 day moving averages are gold standard for serious traders. Price action nearly always reacts to them, whether on the way down or back up.

Utilizing both the 200 day SMA and EMA together provides a logical range (or cloud) to work with, rather than a cut-and-dry single line.