OPEN-SOURCE SCRIPT
Momentum Exhaustion + Swing Points Combo
Updated
Combination of Zeenobit's Swing Points and Momentum Exhaustion indicators; RSX instead of RSI from jaggedsoft/everget's RSX Divergences script(s).
Release Notes
Update:- Adjustable RSX length
- Adjustable RSX length buffer
- Adjustable MFI length
- Added orange X-cross shape to indicate where there is an overlap between a swing point and momentum exhaustion point
- Checkbox options to hide Swing Points, Momentum Exhaustion points, MESP overlap, and MESP overlap text
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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