PROTECTED SOURCE SCRIPT

Momentum Map Script v1

17
This script uses Relative Strength Momentum, Relative Strength Ratio to help identify below :

// Green : Leading and Expanding
// Blue : Early signs of strength
// yellow : Cooling down
// Red : Lagging ang Weak

Note and Disclaimer :
1. This script is an analytical, visualization tool and, not a buy/sell signal generator.
2. The script does not repaint and uses only confirmed bar data.
3. Past quadrant behavior does not guarantee future results.
4. Complies with Trading View’s open-source and originality guidelines.

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.