Name: Dynamic Range MomentumI
Price: 1 USD
Availability: InStock
Rating: 4.67 (17 reviews)

Indicateur

RSI

Breakout

XAUUSD

Commodities

Supertrend

Bollinger

Crypto

BTCUSD

Dynamic Range MomentumI

5.0

03/09/2025

409

Desktop

pinescriptlabs

Depuis le 03/10/2024

Ventes

128

Installations gratuites

25481

- Calculates the **Bollinger Bands** 📊 based on the Simple Moving Average (SMA) and the standard deviation of the closing price.

- Calculates the **Keltner Channels** 📈 using a moving average and either the true range or the range between highs and lows.

- Then, the indicator measures **momentum** ⚡ by calculating the difference between the current closing price and the average of recent highs and lows, displaying a **histogram**:

- **Green** for positive momentum 📈.

- **Red** for negative momentum 📉.

This histogram helps visualize the strength and direction of market movements, making it easier to spot potential trends or changes in market dynamics.

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Dynamic Range Momentum

5.0

Avis : 1

5		100 %
4		0 %
3		0 %
2		0 %
1		0 %

Avis clients

algo.expert

August 12, 2025

Pros: Adaptive momentum indicator based on price vs. recent range. Lightweight, clean chart, works across timeframes. Cons: No alerts or tooltips. Limited customization. Needs confirming indicators or thresholds.

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