CheatCode1

Munich's Momentum Wave V2

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MUNICH'S MOMENTUM WAVE VERSION 2 IS LIVE!!!

There are a few big things to note with this one.
I decided to upload this as an entirely new script due to the number of changes differing from the first version, but as the last one, this will still work on ANY TIMEFRAME, ANY ASSET CLASS, ANY PRICE!.

This momentum wave indicator now will give you data for when trend could turn, and two momentum indicators to help you decide when to take an entry.
First off,
*I have added an alma ma ( alma ) that will track momentum alongside price action and further lead the indicator consisting of the Munich waves.
* The background feature will track the price using a method derived from the Bollinger bands , after calculations, it will color the background based on the average of the momentum's ema's, the alma ma, and also the alma in comparison to the alma's value pre offset ( the offset is 3, following the basis).
*There are now 5 basis values given from the increase in ema samples.

If anyone has any questions feel free to pm me or comment below. Thank you guys for the support! :)

INDEX:BTCUSD TVC:NDQ AMEX:SPY BITSTAMP:ETHUSD BINANCE:BTCUSDT FX:USDJPY NASDAQ:AAPL
Catatan Pelepasan: Update 1: Updated the alma color print as well as paramaters for conditions, added the grow and fall identifiers to the color scheme. NASDAQ:AAPL
Catatan Pelepasan: Update 2: Changed chart picture.
Catatan Pelepasan: UPDATE: As requested, the offset function was removed.
Catatan Pelepasan: UPDATE: ALERTS!!! Added multiple alerts with optional input settings, and also changed a few of the variable names and color arguments.
Catatan Pelepasan: UPDATE: Added a horizontal line at 0. This line will reflect the colors of the different waves.
ALERTS: Two new alerts were added to represent the colors of these horizontal lines and are coded to prevent them from being excessive alerts.
Skrip sumber terbuka

Dalam semangat TradingView yang sebenar, penulis skrip ini telah menerbitkannya dengan menggunakan sumber terbuka supaya pedagang-pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda dapat menggunakannya secara percuma tetapi penggunaan semula kod ini dalam penerbitan adalah dikawalselia oleh Peraturan Dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.

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