The benefits of Percentage Momentum
- It indicates volatility
- It ideal to compare fluctuation and volatility between other assets
- In assets that changes btw a large range of prices like crypto it's the best way to work with momentum.
- It's the right way to work with algotrading.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.