Magma Momentum

This is a simple and easy-to-read momentum indicator that can help you identify divergences and shifts in momentum.

A divergence is when price moves in one direction but the indicator moves in the opposite direction. This typically is a sign of price exhaustion and can indicate that price is about to reverse, at least momentarily.

Here is a comparison with RSI (relative strength index) and some examples of divergences.

Enjoy.

發行說明

Added two new optional components: OBVM (On balance volume momentum) based on OBV and a custom Chaikin Money Flow. I highly recommend enabling these in the settings as they can be used for extra confirmation of momentum.
Since the OBVM is based on volume it is often a leading indicator. All of these tools used in combination can give very strong signals and can help keep you out of bad trades.

發行說明

Added smoothing to momentum waves, tweaked OBVM and made a bunch of improvements to CMF..

發行說明

Added line mode

受保護腳本

此腳本以閉源形式發佈。不過，您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。

chipmonk

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。

受保護腳本

此腳本以閉源形式發佈。不過，您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。

chipmonk

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。