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Dynamic Range MomentumI
ๆŒ‡ๆ ‡
457 ไธ‹่ฝฝ
็‰ˆๆœฌ 1.0, Oct 2024
Windows ็‰ˆใ€Mac ็‰ˆ
5.0
่ฏ„ไปท:1
pinescriptlabs
ๆณจๅ†Œๆ—ฅๆœŸ 03/10/2024
142
้”€ๅ”ฎ
31.27K
ๅ…่ดนๅฎ‰่ฃ…

- 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
Ctrader Store indicators:                        ๐Ÿค–Pinescritlabs Ctrader Store cBots:

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Adaptive Trend Channel 

Dynamic Market Structure
Analysis of Turning Points

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Reactive Moving Average

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Auto Support and
Resistance Trend Lines

All Support and
Resistance Levels

Leverage Liquidation Map

Zones Supply Demand

Dynamic Range Momentum

Indicator profile
5.0
่ฏ„ไปท:1
5
100 %
4
0 %
3
0 %
2
0 %
1
0 %
ๅฎขๆˆท่ฏ„ไปท
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.
RSI
Breakout
XAUUSD
Commodities
Supertrend
Bollinger
Crypto
BTCUSD
Products available through cTrader Store, including indicators, plugins and cBots, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

่ฏฅไฝœ่€…็š„ๅ…ถไป–ไฝœๅ“

"ZigZag" ๆ ‡่ฏ†
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identify and highlight temporary market inefficiencies known as "fair value gaps" ๐Ÿšจ within specific trading Sessions.
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ๆณจๅ†Œๆ—ฅๆœŸ 03/10/2024
142
้”€ๅ”ฎ
31.27K
ๅ…่ดนๅฎ‰่ฃ