OPEN-SOURCE SCRIPT
Momentum & Williams %R
This strategy join 2 power study indicators on the same plot: Willian %R and Momentum.
Willian %R can indicate the good time for you buy or sale. Less than -80 indicate good buying opportunity . Greater than -20 good sale opportunity.
Momentum can indicate the good price for buy or sale, in other words, can indicate the speed the price goes down or goes up.
By Baldasso, March 2019.
Willian %R can indicate the good time for you buy or sale. Less than -80 indicate good buying opportunity . Greater than -20 good sale opportunity.
Momentum can indicate the good price for buy or sale, in other words, can indicate the speed the price goes down or goes up.
By Baldasso, March 2019.
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?
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.