This "Multi-Indicator Trend Shift Detector" combines four key technical indicators—RSI, Money Flow Index (MFI), VWAP, and MACD—to pinpoint potential trend reversals. It works by:
RSI & MFI: Evaluating momentum, where values above 50 suggest bullish strength and below 50 indicate bearish pressure. VWAP: Providing a daily average price reference that resets each day, helping to gauge if the price is trading above (bullish) or below (bearish) its volume-weighted average. MACD: Confirming momentum through the relationship between the MACD line and its signal line. When all these conditions align, the indicator identifies a trend shift and plots an arrow on the chart, making it easier for traders to spot entry or exit opportunities.