ALMA Physics
A super simple yet elegant indicator, "ALMA Physics" calculates the derivatives of the Arnaud Legoux Moving Average (ALMA) with respect to Time. Both the ALMA parameters and the time variable can be modified in the indicator's settings.
derivatives "physics":
Blue - ALMA Velocity (dALMA / dt)
Magenta - ALMA Acceleration (d_Velocity / dt)
White - ALMA Jerk (d_Acceleration / dt)
The indicator may be used to gauge market momentum. The simple code can also be used for pedagogical purposes for anyone interested in developing indicators in TradingView.
derivatives "physics":
Blue - ALMA Velocity (dALMA / dt)
Magenta - ALMA Acceleration (d_Velocity / dt)
White - ALMA Jerk (d_Acceleration / dt)
The indicator may be used to gauge market momentum. The simple code can also be used for pedagogical purposes for anyone interested in developing indicators in TradingView.