OPEN-SOURCE SCRIPT
GD Momentum
GD Momentum plots short, medium, and long term momentum indicators. The indicators are inspired by momentum structural analysis techniques, and are the % above or below different moving averages. The short term plot is the % above or below the 30 unit moving average, medium is 200 units, and long is 1000 units.
Draw trend lines and horizontal lines to identify the momentum structure and detect trend changes before they show up in price action.
Draw trend lines and horizontal lines to identify the momentum structure and detect trend changes before they show up in price action.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.