Indicator is easy to work with. The histogram indicates the momentum. Nothing fancy but signals are pretty accurate Dark Green Bars on Histogram - Buying opportunity (Momentum of dump is decreasing) Dark Red Bars on Histogram - Selling opportunity (Momentum of pump is decreasing)
Works best on 1m chart for those great scalping opportunities. Signals are based on increasing Buy/Sell momentum against the direction of the movement. Haven't tested on any instrument except BTC. Haven't tested for divergences but it should do the job.
P.S. It doesn't give too many signals as it waits for extreme conditions.
Notas de prensa
// Now works for LONG TERM TRADES as well. // Added Alerts for buy/sell signals Lemme know in feedback if you find any bug. :)
Notas de prensa
// Forgot to mention the timeframes to be used with it. For scalping - 1m works best For mid-long term trades - 1hr timeframe
Notas de prensa
// Forgot to mention the timeframes to be used with it. For scalping - 1m works best For mid-long term trades - 1hr timeframe // Updated the screenshot
Este script se publica con código cerrado, pero puede utilizarlo libremente. Márquelo como favorito y podrá usarlo en un gráfico. El código fuente no se puede ver ni modificar.
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