OPEN-SOURCE SCRIPT

Momentum (80) + ATR (14)

108
his indicator combines two essential technical analysis tools in a single panel for enhanced market insight:

🔹 Momentum (80 periods): Measures the difference between the current price and the price 80 bars ago. Displayed as a semi-transparent filled area, it helps to visually identify shifts in price momentum over a longer timeframe.

🔸 ATR (Average True Range, 14 periods): Shown as a fine orange line, the ATR represents average market volatility over 14 periods, highlighting phases of calm or increased price fluctuations.

By viewing both momentum and volatility simultaneously, traders can better assess trend strength and market conditions, improving decision-making across assets such as stocks, forex, and cryptocurrencies.

✅ Suitable for all asset types
✅ Complements other indicators like RSI, MACD, and Bollinger Bands
✅ Categorized under Momentum & Volatility indicators

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.