Momentum [SignalCave]
Calculation done with using Relative Strength Index (RSI), Money Flow Index (MFI) and Average Directional Movement Index (ADX) indicators.
On full strength bearish movement bars paints as light red, full strength bullish movement bars paints as light green color.
They indicates that trend can be change to opposite direction in a short period of time.
Momentum Strength have three modes which are "Aggressive, Moderate and Conservative". You can customize the mode on settings screen.
Alerts are available for "Bullish Momentum, Bearish Momentum" conditions.
- Type asset name on symbol search area.
- Adjust your timeframe that you wish to track.
- Click "Create Alert".
- Select one of the condition that you wish to get inform from create alert panel.
- Select "Once Per Bar Close" option.
- Click "Create".
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact kriswaters directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
getpinescript.com/
Optimize Your TradingView Strategies:
pinetune.app
Better Visual Analytics for Freelancers:
indiedash.app
Pine Script Job Proposals:
t.me/kriswaters
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact kriswaters directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
getpinescript.com/
Optimize Your TradingView Strategies:
pinetune.app
Better Visual Analytics for Freelancers:
indiedash.app
Pine Script Job Proposals:
t.me/kriswaters