Mayfair_Ventures

Mayfair Gold

Gold Oscillator using SPX & DXY to measure the moving average cross of the 3.

Gold in Orange
DXY in Green
SPX in Blue

To use this indicator, you need to see the strength (Orange above the 50%) line, use your own configurations and settings for the two MA's as a cross.

The idea is not to enter trades but to know when either SPX or/and DXY is getting stronger or weaker to help with profit-taking of gold positions.

As per any Oscillator - look for patterns, cross-overs and momentum shifts. (Treat like a MACD, RSI or Stochastic).
Release Notes:
This version now includes Bitcoin. Light Orange - all else is the same. "How to use" - use only to highlight confluence and divergence between DXY and the other major instruments.
Release Notes:
Newer Version again - With labels (can be switched off) the ability to change each instrument from quote1, quote2 & quote3.

Discord Server for education and advanced techniques: discord.gg/5t3w47raHe

Master the Art of Trading: amzn.to/3nUfB9r

Prop firm partners (FTMO)
shorturl.at/hBEQ4
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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