OPEN-SOURCE SCRIPT
Updated Electrified Momentum Overlay
Visualizes a moving average and changes in momentum in one overlay.
8 phase alert options.
8 phase alert options.
Release Notes
Use signal color to values.Release Notes
- Improved sensitivity by including MACD style momentum as well as derived.
- Improved usefulness as color ques are more preemptive.
- Improved readability of code logic.
- Consolidated got getMA() function.
- Allow for rendering using either derived or slow MA.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.