PROTECTED SOURCE SCRIPT
EO_Momentum_Oscillator
Momentum Oscillator works best with HA candles and works on all timeframes. Feel free to use it by adding to your favourites.
It plots a graphic showing whether to short or long, it starts with using shorter span of bars used for the calculation and then moves onto longer/more bars which can be seen in the last pane of the graph which shows 3 horizontal bars showing long or short. When all 3 confirm the same trend it can be taken as a strong signal.
It plots a graphic showing whether to short or long, it starts with using shorter span of bars used for the calculation and then moves onto longer/more bars which can be seen in the last pane of the graph which shows 3 horizontal bars showing long or short. When all 3 confirm the same trend it can be taken as a strong signal.
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