PROTECTED SOURCE SCRIPT
[SC]Rainbow - MOMENTUM
This indicator calculates and displays 31 momentum lines between "min period" and "max period".
Positive momentum is calculated using the high value.
negative momentum is calculated using the low value.
smooth factor is used for smoothing values.
"ema(ema(momentum value, momentum period*smooth factor), momentum period*smooth factor)"
Positive momentum is calculated using the high value.
negative momentum is calculated using the low value.
smooth factor is used for smoothing values.
"ema(ema(momentum value, momentum period*smooth factor), momentum period*smooth factor)"
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.