OPEN-SOURCE SCRIPT

Multi-Oscillator Adaptive Kernel with Momentum

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Multi-Oscillator Adaptive Kernel w. Momentum


An adaptation of the indicator by AlphaAlgos : Multi-Oscillator-Adaptive-Kernel (MOAK) with Divergence. Please find the description of the indicator in the above link.

Apart from adding labels to show trend/momentum changes, the following changes have been made to the original script:

1. Sensitivity is used in the computation to scale the fast MOAK signal,

2. Selection between two indicator modes:
  • Trending - (the original script method) assesses whether smoothed MOAK is above/below 0 - for up/down trends respectively.

  • Momentum - assesses whether the fast MOAK signal is above/below the smoothed MOAK, and can be used to indicate potential trend reversals as momentum of current trend fades.

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.