RAT Momentum Squeeze BETA

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

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*Cleaned up code

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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

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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.

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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

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

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Changed SMAs to EMAs for improved accuracy

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changed RSI sensitivity

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.

InTheMoneyMike

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Skrip open-source

InTheMoneyMike

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