OPEN-SOURCE SCRIPT
Momentum Histogram
This creates a replica of relative distance from the moving averages, a good way to measure the strength, divergences etc.... short, mid and long term waves.
List of All my Indicators - tradingview.com/p/stocks/?sort=recent&time=day&by=ucsgears
List of All my Indicators - tradingview.com/p/stocks/?sort=recent&time=day&by=ucsgears
Open-source script
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 publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
Uday C Santhakumar
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