PROTECTED SOURCE SCRIPT
Momentum heatmap @CosmonautC
Explanation:
14 different indicators 4 public ones (RSI, StochRSI, CCI and Wavetrend oscillator) the rest are custom private ones of preexisting momentum indicators or completely custom ones created by me.
To determine green-red color the indicators are assesed on 7 different metrics and then given a score of 1-100 based on the current state of those 7 metrics. The length input is universal meaning all indicators and metrics will be affected by it. Source input is only for indicators.
It might take a bit to load as the code is all in all around 600 lines and due to a large amount of custom functions and if statements
Usage:
darker green = buy
Darker red = sell
light green= approaching good buy opportunity/buy opportunity in shaky markets
Light red = same as light green but for sells
gray/almost no color = undecided/turning point
Enjoy!
14 different indicators 4 public ones (RSI, StochRSI, CCI and Wavetrend oscillator) the rest are custom private ones of preexisting momentum indicators or completely custom ones created by me.
To determine green-red color the indicators are assesed on 7 different metrics and then given a score of 1-100 based on the current state of those 7 metrics. The length input is universal meaning all indicators and metrics will be affected by it. Source input is only for indicators.
It might take a bit to load as the code is all in all around 600 lines and due to a large amount of custom functions and if statements
Usage:
darker green = buy
Darker red = sell
light green= approaching good buy opportunity/buy opportunity in shaky markets
Light red = same as light green but for sells
gray/almost no color = undecided/turning point
Enjoy!
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.