8 phase alert options.
- Improved sensitivity by including MACD style momentum as well as derived.
- Improved usefulness as color ques are more preemptive.
- Improved readability of code logic.
- Consolidated got getMA() function.
- Allow for rendering using either derived or slow MA.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.