OPEN-SOURCE SCRIPT

Momentum Arrows

This simple indicators paints the Momentum based on Stochastic, RSI or WaveTrend onto the Price Chart by showing Green or Red arrows.
In the settings it can be selected which indicator is used, Stochastic is selected by default.

Length of the arrows is determined by the strength of the momentum:
Stochastic: Difference between D and K
RSI: Difference from RSI-50
WaveTrend: Difference between the Waves

(Thanks to LazyBear for the WaveTrend inspiration)

PS:
If anyone has an idea how to conditionally change the color of the arrows, then please let me know - that would be the icing on the cake. Then it would be possible to indicate Overbought/Oversold levels with different colors.
Unfortunately it currently seems not to be possible to dynamically change the arrow colour.
Relative Strength Index (RSI)Stochastic Oscillator

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

Inggin menggunakan skrip ini pada chart?


The new Order Block Finder V2 is available as invite-only script. Please visit the website for all the details and how to get access:

sites.google.com/view/wugamlo-indicators/
Juga di:

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