INVITE-ONLY SCRIPT
已更新

ProfitOclock_Momentum

198
This Indicator is a technical analysis tool designed to gauge the speed and strength of a stock's price movement over a specific period. By measuring the rate of change in a stock’s price, this indicator helps traders and investors identify the direction and potential reversal points of a stock's trend.

Applications of this indicator:

Trend Confirmation: Use momentum indicators to confirm the strength of an existing trend and avoid false signals.
Reversal Detection: Identify potential trend reversals by observing changes in momentum, which might indicate weakening trends.
Trade Timing: Optimize entry and exit points by analyzing momentum trends alongside other technical indicators.

For the best results, follow these rules:

#Buy : When you see the FIRST GREEN triangle on the chart AND upward(Green) moving average line.

#Sell : When you see the FIRST RED triangle on the chart OR downward(Red) moving average line.

A quick check on Nifty stocks based on this indicator is provided in the table:

Fresh Buy: Latest Buy signal on the current candle.
Fresh Sell: Latest Sell signal on the current candle.
Buy Continue: Buy signal has appeared on a previous candle, with no subsequent Sell signal.
Sell Continue: Sell signal has appeared on a previous candle, with no subsequent Buy signal.
版本注释
Version1.0.37
版本注释
Version1.0.37
版本注释
Version 1.0.37
版本注释
Version 1.0.37
版本注释
Version 1.0.38
版本注释
Version 1.0.38

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。