PROTECTED SOURCE SCRIPT
Wave Momentum
Updated
thankyou to the original author of this script Vkn422
Very simple , shows momentum and changes candle colors to match
You only short when negative
you only long when positive
Must have confluence with other forms of analysis like Elliott Wave
This indicator was built with EW in mind and would excel in the hands of those who practice the wave analysis.
Very simple , shows momentum and changes candle colors to match
You only short when negative
you only long when positive
Must have confluence with other forms of analysis like Elliott Wave
This indicator was built with EW in mind and would excel in the hands of those who practice the wave analysis.
Release Notes
Cleaned this up a lot and made it multi time frame
Still very simple
Blue is bull momentum
Red is bear momentum
If this script has helped you and you want to donate / tip me I would appreciate it :)
Cheers!
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