OPEN-SOURCE SCRIPT
Institutional Momentum Indicator
The Institutional Momentum Indicator is a simple yet powerful tool designed for traders seeking clarity and precision in their trading decisions. This indicator combines key technical analysis elements to deliver actionable buy and sell signals:
Buy and Sell Signals: Clearly marked on the chart when the price crosses above or below the Exponential Moving Average (EMA), signaling potential upward or downward momentum.
Volume Spike Detection: Enhances reliability by considering high-volume activity, often indicative of institutional participation.
EMA Trend Analysis: Tracks price momentum with a customizable EMA length.
Visual Highlights: Background colors (green for buy and red for sell) make it easy to identify trading opportunities at a glance.
Alerts Ready: Stay informed with built-in alerts for both buy and sell signals.
This indicator is optimized for traders looking to capitalize on momentum-based strategies while simplifying decision-making. Perfect for intraday and swing trading across various markets.
Buy and Sell Signals: Clearly marked on the chart when the price crosses above or below the Exponential Moving Average (EMA), signaling potential upward or downward momentum.
Volume Spike Detection: Enhances reliability by considering high-volume activity, often indicative of institutional participation.
EMA Trend Analysis: Tracks price momentum with a customizable EMA length.
Visual Highlights: Background colors (green for buy and red for sell) make it easy to identify trading opportunities at a glance.
Alerts Ready: Stay informed with built-in alerts for both buy and sell signals.
This indicator is optimized for traders looking to capitalize on momentum-based strategies while simplifying decision-making. Perfect for intraday and swing trading across various markets.
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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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.