OPEN-SOURCE SCRIPT

RAT Momentum Squeeze BETA

Mis à jour

V1.0

MAs are a great tool to measure the market's momentum. I created this indicator to graphically depict bullish and banishment movements with the moving averages.

Using the 50, 100, & 200 day MA in conjunction with the RSI we are able to find great swing setups. This is used best on the 30min & up to the daily chart.

RAT Moving Average Cross Over BETA example

Notes de version

*Cleaned up code

Notes de version

V1.0 Release Notes

Added 9-day moving average with dynamic color based on 9-day RSI over/oversold levels

Added dynamic color changing to all moving averages based on the directional movement

Notes de version

Added conditional formatting to the colors on the 9-day moving average. The greener the color, the more overbought. The darker the red, the more oversold. I will tweak the colors of the cloud and line itself in a future update.

Notes de version

Exciting new update :)

-Added improved accuracy for the strength in the trend by calculating different RSI lengths
-Added bar overlays to help show the strength of the trend
-Improved colors on the 9 day MA overlay

Notes de version

Switched MAs to EMAs. After doing extensive backtesting I think EMAs are much more accurate for the purpose of this indicator

Notes de version

Changed SMAs to EMAs for improved accuracy

Notes de version

changed RSI sensitivity

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?

InTheMoneyMike

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