INVITE-ONLY SCRIPT
[KRONOS] Momentum
Description
This indicator is based on an algorithm which provides accurate momentum tracking on every timeframe. It is visualized as a colored histogram and through some other tools.
The value is calculated from an exponentially weighted moving average that is used to get a high and a low deviation, merging the last value into a range.
It includes
Overbought and oversold fixed areas. Their purpose is to facilitate the recognition of areas where the trend is likely to end or cool down. They are also marked with a background coloring.
Zero line. It typically represents a change of trend when the price crosses under or over it.
Volume shifts. Colored arrows will appear whenever a volume change is detected.
How to use?
Buy/Long on a blue confirmation arrow
Sell/Short on a red confirmation arrow
Take profit when the indicator starts showing a blue background
Take profit when the indicator starts showing a red background
extra tip: the zero line often acts as support / resistance similarly to the overbought and oversold areas
This indicator is based on an algorithm which provides accurate momentum tracking on every timeframe. It is visualized as a colored histogram and through some other tools.
The value is calculated from an exponentially weighted moving average that is used to get a high and a low deviation, merging the last value into a range.
It includes
Overbought and oversold fixed areas. Their purpose is to facilitate the recognition of areas where the trend is likely to end or cool down. They are also marked with a background coloring.
Zero line. It typically represents a change of trend when the price crosses under or over it.
Volume shifts. Colored arrows will appear whenever a volume change is detected.
How to use?
Buy/Long on a blue confirmation arrow
Sell/Short on a red confirmation arrow
Take profit when the indicator starts showing a blue background
Take profit when the indicator starts showing a red background
extra tip: the zero line often acts as support / resistance similarly to the overbought and oversold areas
Script su invito
L'accesso a questo script è riservato agli utenti autorizzati dall'autore, solitamente dietro pagamento di una commissione. Puoi aggiungerlo ai preferiti, ma sarai in grado di utilizzarlo solo una volta ricevuto il via libera da parte dell'autore. Per ulteriori informazioni, contatta kronos-algo o segui le istruzioni dell'autore riportate di seguito.
TradingView non suggerisce di pagare per uno script e di utilizzarlo a meno che non ci si fidi al 100% del suo autore e non si comprenda il suo funzionamento. In molti casi, è possibile trovare gratuitamente una buona alternativa open-source nei nostri Script della comunità.
Istruzioni dell'autore
″Learn more at: https://kronos-trading.com/indicators
Our indicators are suitable for all markets: Crypto, Forex, stocks, etc.
Vuoi usare questo script sui tuoi grafici?
Attenzione: leggi prima di richiedere l'accesso.
Learn more at: kronos-trading.com/indicators
Our indicators are suitable for all markets: Crypto, Forex, stocks, etc.
Our indicators are suitable for all markets: Crypto, Forex, stocks, etc.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.