OPEN-SOURCE SCRIPT

Magical Momentum Indicator

Updated
This indicator can help to identify momentum and reversal points.
Release Notes
Added acceleration/deacceleration transparecy
Release Notes
Added fisher transform
Release Notes
stdev period length set by input
momentumindicatorOscillatorsTrend AnalysisVolatility

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.

Want to use this script on a chart?

Disclaimer