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Dynamic Range MomentumI
ๆŒ‡ๆ ‡
435 ไธ‹่ฝฝ
Version 1.0, Oct 2024
Windows, Mac
5.0
่ฏ„ไปท:1
ๆณจๅ†Œๆ—ฅๆœŸย 03/10/2024
้”€ๅ”ฎ
135
ๅ…่ดนๅฎ‰่ฃ…
27955

- Calculates the **Bollinger Bands** ๐Ÿ“Š based on the Simple Moving Average (SMA) and the standard deviation of the closing price.

- Calculates the **Keltner Channels** ๐Ÿ“ˆ using a moving average and either the true range or the range between highs and lows.

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

- **Green** for positive momentum ๐Ÿ“ˆ.

- **Red** for negative momentum ๐Ÿ“‰.


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


๐Ÿ”ฅ  Pinescritlabs
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Supertrend

Market Imbalance

Adaptive Trend Channel 

Dynamic Market Structure
Analysis of Turning Points

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Fibonacci Linear
Regression Multi-timeframe

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Momentum Fair Value Gap

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Auto-Trend Channel

Auto Support and
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All Support and
Resistance Levels

Leverage Liquidation Map

Zones Supply Demand

Dynamic Range Momentum

5.0
่ฏ„ไปท:1
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100 %
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1
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ๅฎขๆˆท่ฏ„ไปท
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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Commodities
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