PROTECTED SOURCE SCRIPT
Percentile Momentum
This indicator combines momentum and percentile-based logic to identify potential reversal points and market trends. The momentum is calculated using the Rate of Change (ROC), while the 75th and 25th percentiles of a sliding window are used as thresholds for potential buy and sell signals.
Green signal: When momentum is positive and the price crosses above the 75th percentile, this indicates a potential buying opportunity.
Red signal: When momentum is negative and the price falls below the 25th percentile, this signals a potential selling opportunity.
Bar Colors: The bar color alternates between green and red depending on whether a buy or sell signal is present.
Additionally, the 75th and 25th percentiles, as well as the average of these two values are plotted for better overview.
Green signal: When momentum is positive and the price crosses above the 75th percentile, this indicates a potential buying opportunity.
Red signal: When momentum is negative and the price falls below the 25th percentile, this signals a potential selling opportunity.
Bar Colors: The bar color alternates between green and red depending on whether a buy or sell signal is present.
Additionally, the 75th and 25th percentiles, as well as the average of these two values are plotted for better overview.
Script protégé
Ce script est publié en source fermée. Cependant, vous pouvez l'utiliser librement et sans aucune restriction – pour en savoir plus, cliquez ici.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Cependant, vous pouvez l'utiliser librement et sans aucune restriction – pour en savoir plus, cliquez ici.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.