ucsgears

Momentum Histogram

This creates a replica of relative distance from the moving averages, a good way to measure the strength, divergences etc.... short, mid and long term waves.

List of All my Indicators - https://www.tradingview.com/p/stocks/?so...
Supprimer des scripts favoris Ajouter aux scripts favoris
study(title = "Momentum Histogram", shorttitle="Mom Hist")

source=close
EMA_1=input(13, title="EMA 1")
EMA_2=input(21, title="EMA 2")
EMA_3=input(34, title="EMA 3")

hist1 = (ema(close,EMA_1)*close)-(ema(close,EMA_2)*close)
hist2 = (ema(close,EMA_2)*close)-(ema(close,EMA_3)*close)

Wave1=(hist1)
Wave2=(hist2)

plot(Wave2, style=histogram, color=red, linewidth=4)
plot(Wave1, style=histogram, color=#0066cc, linewidth=4)
Hey, thanks for creating this indicator. Could you explain how you interpret the indicator, especially the light blue and red areas? Does the red mean the trend is slowing down, and blue confirms the trend?
Répondre
VERSION - 2 Momentum Histogram Posted, follow Link -
Répondre
Nice to know we can plot two colors in one histogram bar for oscillators.
Répondre
I use those settings for Short term, Mid term and Long term. The red histrogram shows divergences. Only Blue, the trend is strong.
Répondre
Accueil Filtre d'actions Filtre Forex Filtre Crypto Calendrier économique Shows Comment ça marche Caractéristiques du graphique Prix Parrainer un ami Règles de conduite Centre d'aide Solutions site web & courtier Widgets Solutions de cartographie Bibliothèque de graphiques allégés Blog & News Twitter
Profil Paramètres du Profil Compte et Facturation Parrainer un ami Mes tickets au support Centre d'aide Idées Publiées Suiveurs Suivi Messages privés dialogue en ligne Se Déconnecter