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Prometheus' Momentum SMA

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This is a price momentum indicator that calculates the change in price momentum over time with a simple moving average to use as a potential profit taking mechanism.

The lookback period is for calculating the momentum plot on the chart. It measures the closing price between the current candle and the candle X periods ago. (orange line)

The indicator also has a simple moving average of the momentum plotted on the chart. (gray line with background fill)

Future versions will include multitimeframe signals and alertconditions.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.