Adaptive momentum indicator that uses the NEW Dynamic Length Arguments! Shows how to use volatility to shorten or lengthen the momentum period.
Based on pinescript blog example but with my own modifications.
Bright Green: Sharp movement above zero line
Bright Red: Sharp movement below zero line
Light Green: Slower movement above zero line
Light Red: Slower movement below zero line.
Yellow: Reversal might occur (near the zero line either side).
Thumb rule: Below zero line - SELL. Above zero line - BUY
Based on pinescript blog example but with my own modifications.
Bright Green: Sharp movement above zero line
Bright Red: Sharp movement below zero line
Light Green: Slower movement above zero line
Light Red: Slower movement below zero line.
Yellow: Reversal might occur (near the zero line either side).
Thumb rule: Below zero line - SELL. Above zero line - BUY
Информация о релизе:
Description update.
Информация о релизе:
Added optional EMA smoothing.
Appreciation of my work: paypal.me/dman103
Premium Pivot Points Algo Indicator: www.tradingview.com/script/LFBaHNuA-Pivot-Points-Algo/
LIVE Stream - Pivot Points Algo: www.youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
Premium Pivot Points Algo Indicator: www.tradingview.com/script/LFBaHNuA-Pivot-Points-Algo/
LIVE Stream - Pivot Points Algo: www.youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live