PROTECTED SOURCE SCRIPT
Diupdate Unnormalized Implicit Momentum

[Experimental] The oscillator takes an alternative measure of the price's momentum and provides a threshold from its dispersion to locate a trend. Implicit as it is not a direct measure of the momentum but is derived from it. Once this function closes above the threshold, a trend is set as suggested by the colour of the momentum. Normalized version may soon also be released though it may prove not be as effective in trend trading (e.c RSI isn't particularly helpful for trend trading).
It'll print bull or bear to suggest which type of trade to take. Use in confluence with your own system.
There is a positive correlation between the rate and TF so for HTF's choose a higher rate. I haven't yet found a relationship for other variables so play around with the inputs.
It'll print bull or bear to suggest which type of trade to take. Use in confluence with your own system.
There is a positive correlation between the rate and TF so for HTF's choose a higher rate. I haven't yet found a relationship for other variables so play around with the inputs.
Catatan Rilis
- Small fix with default coloursCatatan Rilis
Updated for version 5.Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.