OPEN-SOURCE SCRIPT

Trend Surfers - Momentum + ADX + EMA

This script mixes the Lazybear Momentum indicator, ADX indicator, and EMA.

Histogram meaning:
Green = The momentum is growing and the ADX is growing or above your set value
Red = The momentum is growing on the downside and the ADX is growing or above your set value
Orange = The market doesn't have enough momentum or the ADX is not growing or above your value (no trend)

Background meaning:
Blue = The price is above the EMA
Purple = The price is under the EMA

Cross color on 0 line:
Dark = The market might be sideway still
Light = The market is in a bigger move
ADXAverage Directional Index (ADX)Exponential Moving Average (EMA)histogramMomentum Indicator (MOM)momentumindicator

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 ?


To get all my scripts, analysis, trading tools, tutorials and free crypto trading signals, visit my website at TrendSurfersSignals.com
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