PROTECTED SOURCE SCRIPT
Actualizado

MOM HEAT

709
The "MOM HEAT" indicator combines MACD, Stochastic, MFI, and RSI to create a heat map of market momentum.

It calculates wave values based on these indicators for four different timeframes.
The wave values are then normalized and combined to determine overall momentum.
The indicator plots squares on the chart to represent the wave values for each timeframe.
It also draws a line to indicate potential momentum shifts.
Additionally, a table displays the timeframes and their corresponding colors (lib kaigouthro/hsvColor/15).

Overall, the indicator provides a visual representation of market momentum and potential shifts.
Notas de prensa
The "MOM HEAT" indicator combines MACD, Stochastic, MFI, and RSI to create a heat map of market momentum.

It calculates wave values based on these indicators for four different timeframes.
The wave values are then normalized and combined to determine overall momentum.
The indicator plots squares on the chart to represent the wave values for each timeframe.
It also draws a line to indicate potential momentum shifts.
Additionally, a table displays the timeframes and their corresponding colors (lib kaigouthro/hsvColor/15).

Overall, the indicator provides a visual representation of market momentum and potential shifts.
Notas de prensa
Updated the normalize function and some visuals.
Notas de prensa
Updated the normalize function and some visuals.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.