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kriswaters

Momentum [SignalCave]

kriswaters  
Relative Strength Index (RSI) Average Directional Index (ADX) Money Flow Index (MFI)
15
0
relativestrengthindex averagedirectionalindex moneyflow
Momentum Indicator helps you to identify potential reversal areas.

Calculation done with using Relative Strength Index (RSI), Money Flow Index (MFI) and Average Directional Movement Index (ADX) indicators.

On full strength bearish movement bars paints as light red, full strength bullish movement bars paints as light green color.

They indicates that trend can be change to opposite direction in a short period of time.

Momentum Strength have three modes which are "Aggressive, Moderate and Conservative". You can customize the mode on settings screen.
snapshot

Alerts are available for "Bullish Momentum, Bearish Momentum" conditions.
  • Type asset name on symbol search area.
  • Adjust your timeframe that you wish to track.
  • Click "Create Alert".
  • Select one of the condition that you wish to get inform from create alert panel.
  • Select "Once Per Bar Close" option.
  • Click "Create".
Pine Script Strategy & Indicator Generator:
getpinescript.com/

Pine Script Job Proposals:
t.me/kriswaters
twitter.com/mrkriswaters
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 kriswaters 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.

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.

Author's instructions

You can apply access request with filling the Google form. bit.ly/SignalCaveAccess

Want to use this script on a chart?

Warning: please read before requesting access.