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Electrified Momentum Signal (Prototype)

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This indicator uses an ensemble of different indicators to help in identifying significant changes in momentum.
It's time-frame is constant and is based up on the length of the configurable period. This allows for a consistent signal across multiple time-frames.

This is not a buy or sell signal but can be used for alerts to indicate a change in momentum that might be worth paying attention to.
If looking for an long entry point, a negative (red) value can signal "don't buy yet" or may simple mean "it's risky". In a similar way if looking for a short, a positive (green) value can signal "not now".

Note: "Electrified" does not mean this has anything to do with electric vehicles or the power grid. :P
Nota Keluaran
  • Eliminated repainting.
  • Updated value names.
Nota Keluaran
Added signal default alert conditions.
Nota Keluaran
Updated copyright and screenshot.

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.