OPEN-SOURCE SCRIPT

DSL Synthetic Momentum

This indicator combines 5 running moving averages of different periods, calculate their momentum and synthesize the result into 1 single curve.
Dynamic levels made of the discontinued signal lines function are added to create pseudo overbought and oversold levels.
Moving AveragesOscillators

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.

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