PROTECTED SOURCE SCRIPT
Updated Arresto Momentum
Script uses 3 moving averages (customizable). What is present:
The thick color changing line is a 50 EMA with the Time Segmented Volume coded onto it for the color change. When TSV > 0, it is green, when TSV < 0, it is purple.
The other two moving averages are changeable by the user to be whatever type and length they want them to be.
When the 2 shorter EMAs cross and the 50 EMA matches the appropriate direction, a signal is printed.
Signals are plotted for "Buy" and "Sell"
Buy signals are rising Stars and Sell Signals are Falling Stars.
The thick color changing line is a 50 EMA with the Time Segmented Volume coded onto it for the color change. When TSV > 0, it is green, when TSV < 0, it is purple.
The other two moving averages are changeable by the user to be whatever type and length they want them to be.
When the 2 shorter EMAs cross and the 50 EMA matches the appropriate direction, a signal is printed.
Signals are plotted for "Buy" and "Sell"
Buy signals are rising Stars and Sell Signals are Falling Stars.
Release Notes
Trend following moving averages utilizing the TSV for color changing of the slower moving average. 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.