PROTECTED SOURCE SCRIPT
Momentum heatmap @CosmonautC
Explanation:
14 different indicators 4 public ones (RSI, StochRSI, CCI and Wavetrend oscillator) the rest are custom private ones of preexisting momentum indicators or completely custom ones created by me.
To determine green-red color the indicators are assesed on 7 different metrics and then given a score of 1-100 based on the current state of those 7 metrics. The length input is universal meaning all indicators and metrics will be affected by it. Source input is only for indicators.
It might take a bit to load as the code is all in all around 600 lines and due to a large amount of custom functions and if statements
Usage:
darker green = buy
Darker red = sell
light green= approaching good buy opportunity/buy opportunity in shaky markets
Light red = same as light green but for sells
gray/almost no color = undecided/turning point
Enjoy!
14 different indicators 4 public ones (RSI, StochRSI, CCI and Wavetrend oscillator) the rest are custom private ones of preexisting momentum indicators or completely custom ones created by me.
To determine green-red color the indicators are assesed on 7 different metrics and then given a score of 1-100 based on the current state of those 7 metrics. The length input is universal meaning all indicators and metrics will be affected by it. Source input is only for indicators.
It might take a bit to load as the code is all in all around 600 lines and due to a large amount of custom functions and if statements
Usage:
darker green = buy
Darker red = sell
light green= approaching good buy opportunity/buy opportunity in shaky markets
Light red = same as light green but for sells
gray/almost no color = undecided/turning point
Enjoy!
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.