OPEN-SOURCE SCRIPT
Stochastics Momentum IndexV1.5
This is an update to the current indicator Stochastic Momentum Index by: surjithctly
This video on YouTube Linked Under explains how to use this indicator along with another indicator: ema cloud 150
youtube.com/watch?v=bFY_M4BZmVU
All that was improvised and added was a middle band a mid point to know where the middle of the indicator is. That is all.
Also Edit, Customize the indicator however you like, and if you don't want the mid point shown or want to alter to a line or a dotted line you can also do that as well.
Please enjoy, I provide these updates that I publish because I am passionate about trading and if this helps me, I know it will help you.
7 minutes ago
Release Notes
This is an update to the current indicator Stochastic Momentum Index by: surjithctly
This video on YouTube Linked Under explains how to use this indicator along with another indicator: ema cloud 150
youtube.com/watch?v=bFY_M4BZmVU
All that was improvised and added was a middle band a mid point to know where the middle of the indicator is. That is all.
Also Edit, Customize the indicator however you like, and if you don't want the mid point shown or want to alter to a line or a dotted line you can also do that as well.
Please enjoy, I provide these updates that I publish because I am passionate about trading and if this helps me, I know it will help you.
P.s. I added the middle band exteded into the future just like the oversold/overbought levels but still at 0 , so it is still in the middle
[Important One Last Thing]
If you see Writing of previous Indicator settings On Chart with Original User Text all in Yellow
Just click on the Window Text Etc. And delete all of the wording. That is all. You will be alright this happened to me, so just click and delete.
Everything will be fine after that. Thank you.
This video on YouTube Linked Under explains how to use this indicator along with another indicator: ema cloud 150
youtube.com/watch?v=bFY_M4BZmVU
All that was improvised and added was a middle band a mid point to know where the middle of the indicator is. That is all.
Also Edit, Customize the indicator however you like, and if you don't want the mid point shown or want to alter to a line or a dotted line you can also do that as well.
Please enjoy, I provide these updates that I publish because I am passionate about trading and if this helps me, I know it will help you.
7 minutes ago
Release Notes
This is an update to the current indicator Stochastic Momentum Index by: surjithctly
This video on YouTube Linked Under explains how to use this indicator along with another indicator: ema cloud 150
youtube.com/watch?v=bFY_M4BZmVU
All that was improvised and added was a middle band a mid point to know where the middle of the indicator is. That is all.
Also Edit, Customize the indicator however you like, and if you don't want the mid point shown or want to alter to a line or a dotted line you can also do that as well.
Please enjoy, I provide these updates that I publish because I am passionate about trading and if this helps me, I know it will help you.
P.s. I added the middle band exteded into the future just like the oversold/overbought levels but still at 0 , so it is still in the middle
[Important One Last Thing]
If you see Writing of previous Indicator settings On Chart with Original User Text all in Yellow
Just click on the Window Text Etc. And delete all of the wording. That is all. You will be alright this happened to me, so just click and delete.
Everything will be fine after that. Thank you.
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.
@MultiBillonario
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.
@MultiBillonario
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.