PROTECTED SOURCE SCRIPT
Updated MONEYZEYAH | MAIN MOMENTUM INDICATOR
Effortlessly track momentum and trend reversals with this streamlined indicator that overlays RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) in a single, easy-to-read format.
🔹 Key Features:
Dual Analysis – Combines RSI and MACD on the same panel, reducing clutter and enhancing chart clarity.
Crossover Alerts:
🟢 Green Dot – Bullish MACD crossover below the zero line, signaling potential upward momentum.
🔴 Red Dot – Bearish MACD crossover above the zero line, indicating possible downward pressure.
⚫ RSI Overlay – Clean gray lines display basic RSI to help identify overbought and oversold conditions.
🎯 Why Use This Indicator?
Saves screen space by combining two essential momentum tools.
Instantly spot reversal signals without flipping between indicators.
Ideal for traders who value simplicity and efficiency.
🔹 Key Features:
Dual Analysis – Combines RSI and MACD on the same panel, reducing clutter and enhancing chart clarity.
Crossover Alerts:
🟢 Green Dot – Bullish MACD crossover below the zero line, signaling potential upward momentum.
🔴 Red Dot – Bearish MACD crossover above the zero line, indicating possible downward pressure.
⚫ RSI Overlay – Clean gray lines display basic RSI to help identify overbought and oversold conditions.
🎯 Why Use This Indicator?
Saves screen space by combining two essential momentum tools.
Instantly spot reversal signals without flipping between indicators.
Ideal for traders who value simplicity and efficiency.
Release Notes
Update Customizations Options On Style Tab. 🔴🟢Code optimized as well... 🧑🏻💻
Release Notes
🆕 New life, strategy update... Things Removed...
🗑️ Removed Wedges Formations Plotting, As Well As Support And Resistance Channels Plotting.
Things Added...
📐 Added Double Bottoms / Tops Plotting.
👨🏻🚀 Added FVGS Detection Plotting.
Final Notes...
The Rest Remains The Same Double EMAs Plotting Plus Session Overlay And Also Williams Fractals.
Keep In Mind This An Update To The Entire System. If You Want To Know More Details, Get In Touch, My X Profile Is Available On My Profile Tab. 🤗
Release Notes
🆕 Main Code Updated.Release Notes
Updated indicator values information.Release Notes
Added Reference To Stoch RSI. 🔴🟢Release Notes
Updated chart from a recent AUDCAD long.Release Notes
Adjusted Stochastic lenght to 5. Little tweaks.Release Notes
⚫ RSI Settings In Terms Of Length: 14. Default.🔴🟢 MACD Settings: 12, 26, 9.
🔴🟢 Stochastics Length: 5.
🔴🟢 K and D: 3.
📈 Update chart screenshot for a recent
AVAX long.Release Notes
🛠️ All settings are now customizable.Release Notes
Minor update of color settings.Release Notes
Minor improvements on overall.Release Notes
Much more aesthetic. 💅🏻Now displayed:
🐂📈🟢▼ StochRSI bullish cross (K > D) below 20 — potential reversal from oversold, watch for upward momentum!
🐻📉🔴🔻 StochRSI bearish cross (K < D) above 80 — overbought, watch for reversal!
Release Notes
Chart updated so that it reflects latest status of MZ suite.Release Notes
📋 Updated tool tip within Stochastic RSI Length.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.