OPEN-SOURCE SCRIPT
Updated Indicator: Black Hole Ratio [xQT5]

This is not my original indicator - I found it in internet, but I remember that it was created a long time ago by someone.
This indicator shows a momentum between a source price and sma of source price and has a sinal line for easy understanding.
Enjoy it!
This indicator shows a momentum between a source price and sma of source price and has a sinal line for easy understanding.
Enjoy it!
Release Notes
Refactored scriptOpen-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.