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RAT Momentum Squeeze BETA
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V1.0
MAs are a great tool to measure the market's momentum. I created this indicator to graphically depict bullish and banishment movements with the moving averages.
Using the 50, 100, & 200 day MA in conjunction with the RSI we are able to find great swing setups. This is used best on the 30min & up to the daily chart.
MAs are a great tool to measure the market's momentum. I created this indicator to graphically depict bullish and banishment movements with the moving averages.
Using the 50, 100, & 200 day MA in conjunction with the RSI we are able to find great swing setups. This is used best on the 30min & up to the daily chart.
Nota Keluaran
*Cleaned up codeNota Keluaran
V1.0 Release NotesAdded 9-day moving average with dynamic color based on 9-day RSI over/oversold levels
Added dynamic color changing to all moving averages based on the directional movement
Nota Keluaran
Added conditional formatting to the colors on the 9-day moving average. The greener the color, the more overbought. The darker the red, the more oversold. I will tweak the colors of the cloud and line itself in a future update.Nota Keluaran
Exciting new update :)-Added improved accuracy for the strength in the trend by calculating different RSI lengths
-Added bar overlays to help show the strength of the trend
-Improved colors on the 9 day MA overlay
Nota Keluaran
Switched MAs to EMAs. After doing extensive backtesting I think EMAs are much more accurate for the purpose of this indicator Nota Keluaran
Changed SMAs to EMAs for improved accuracy Nota Keluaran
changed RSI sensitivity Skrip sumber terbuka
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