PROTECTED SOURCE SCRIPT
Updated MomBS

This script is a momemtum buy/sell indicator that works very well on sideways markets, particularly trading stablecoins against each other or against fiat. Trading stablecoins is only profitable when your exchange fees are roughly no more then 0.2%, and is one of the best ways to mitigate risk in your portfolio.
This indicator also works very well on stocks and ETFs on 1 day candlestick charts.
It has clear visual references where buys and sells should take place. Blue arrows underneath, pointing up, are buy signals and and the alert condition of BUY ASSET.
There are also clear references of blue arrows pointing down, above the candlestick , to indicate a sell signal. The alert condition of SELL ASSET.
This indicator also works very well on stocks and ETFs on 1 day candlestick charts.
It has clear visual references where buys and sells should take place. Blue arrows underneath, pointing up, are buy signals and and the alert condition of BUY ASSET.
There are also clear references of blue arrows pointing down, above the candlestick , to indicate a sell signal. The alert condition of SELL ASSET.
Release Notes
Added momentum filter to reduce weaker signalsProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Join my Patreon for exclusive access to Jackrabbit TV,
patreon.com/RD3277
patreon.com/RD3277
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.
Join my Patreon for exclusive access to Jackrabbit TV,
patreon.com/RD3277
patreon.com/RD3277
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.