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Michalke Momentum Index

49
Michalke Momentum Index (MMI) is an indicator I made with the aim of predicting Gold prices. I built it around the 8h chart but it can be applied to any chart.

I hope using this will help you significantly.
Release Notes
This is a updated version of the Index, built around less risk tolerance. Thanks for trying it out
Release Notes
I changed colors. That's it
Release Notes
Updated to Fibonacci sequence numbers. Better at locating over or undervalued
Release Notes
This should help assess long term and swing trades successfully

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

J_L_Michalke
Double Exponential Moving Average (DEMA)michalkemichalkejonaslmichalkemomentummichalkemomentumindexMMIRelative Strength Index (RSI)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Double Exponential Moving Average (DEMA)michalkemichalkejonaslmichalkemomentummichalkemomentumindexMMIRelative Strength Index (RSI)

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

J_L_Michalke

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.