INVITE-ONLY SCRIPT

MOMEMTUM READER ULTIMATE

By nonobdx

Updated

Momemtum Reader is the complement of Market Reader it will help you to find market Top and Bottom.

Release Notes

V2 with better pattern

Release Notes

Huge improvement

Release Notes

bug correction

Release Notes

update of overbought and sold pattern

Release Notes

Improvement of overbought and sell pattern

Release Notes

Update v3:
-Add Fast and slow momemtum
-Add RSI divergence highlight (black triangle)
-Add RSI overlay
-Add oversold/buy pattern (blue/red dots)

Release Notes

bug fix for Multi-time Frame Momemtum

Release Notes

Improvement of:
-Oversold/Bougth pattern
-Divergence
-Trend exhaustion detection

Release Notes

Bug alert fixed

Release Notes

Update:
1) add custom Period
2)Add older Momemtum (in option)

Release Notes

Adding stochastic plot as option

Release Notes

Update to 4.1 version:
-Improvement of the code
-Adding Bear (red circle) and Bull ( blue circle) signal for aggressive entry
-Adding alarm for each pattern

Release Notes

-Add option to use fastest momemtum to improve divergence/convergence trading

Release Notes

//Version 4.5//
*smoothing improved
* Div pattern plot on the momemtum

Release Notes

Version 4.6:
*Red and blue circle mean Overbougth and oversold
*Divergence pattern are plot in Black for Momemtum divergence only, and in RED if in addition to momemtum divergence there is a RSI divergence with RSI>70 or <30
* In bull trend:
- Blue circle mean BUY the Pullback
- Bull divergence mean BUY the Pullback
- Red circle or black bear divergence mean Partial take profit (according to your TA)
- Red divergence mean possible reversal (according to your TA)

It is the opposite for Bear Trend

Release Notes

// VERSIOn 4.61:
-Add option to plot previous top and bottom pattern (default parameter is false)

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact nonobdx for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

″MP to discuss acces option

Want to use this script on a chart?

Warning: please read before requesting access.

nonobdx

Apprendre la méthode:
discord.gg/b7YGtY2
Site internet: marketreader.fr/
Chaine Youtube : youtube.com/channel/UC-a7p8DkfbDM6ONrTzsaErA?view_as=subscriber

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