OPEN-SOURCE SCRIPT

RAT Momentum Squeeze BETA

Actualizado
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

update to RAT Momentum Squeeze BETA



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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
movingMoving AveragesWeighted Moving Average (WMA)

Script de código abierto

Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

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