Name: Dynamic Range MomentumI
Price: 1 USD
Availability: InStock
Rating: 4.67 (11 reviews)
Indicador
RSI
Breakout
XAUUSD
Commodities
Supertrend
Bollinger
Crypto
BTCUSD
Dynamic Range MomentumI
5.0
03/09/2025
344
Desktop
pinescriptlabs
Desde 03/10/2024
Vendas
108
Instalações gratuitas
18155
- 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
Avaliações: 1
5
100 %
4
0 %
3
0 %
2
0 %
1
0 %
Avaliações de clientes
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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