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Dynamic Range MomentumI

Indicatore

430 download

Version 1.0, Oct 2024

Windows, Mac

5.0

Recensioni: 1

Da 03/10/2024

Vendite

135

Installazioni gratuite

27521

- 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.

🔥 Pinescritlabs
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Dynamic Range Momentum

5.0

Recensioni: 1

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

Recensioni dei clienti

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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Identify market structure effortlessly with swing highs, lows, CHoCH, and BOS levels for smart trading decisions! 📊🔍"

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