INVITE-ONLY SCRIPT
Momentum Line
What is this?
Momentum line (a blue line at the bottom area) tells you the short term trend movement of price. It will useful when the major trend is not developed-well. This line is not for a single use. We suggest you to use it with our other module: Trend Optimizer module, as shown above the momentum line.
Indicator & Strategies:
Momentum Line is based on moving average convergence divergence (MACD). We don't use the histogram, we don't concern the 2 lines crossing. So we blend the two lines into single lines.
See the charts, see the trend color (trend optimizer module) when it changed from long red color into white. It shows the medium trend changed from strong downtrend into neutral. But since the long term trend (the vertical trend bar below) is still not yet changed into green, the major trend (medium & long term) is still in development process. This is when we need to look at momentum line. If it pointing up, it gives confirmation that the uptrend is developing and you can buy the stocks using trend or swing strategies 9our profit trader module)
Benefit For you:
You can detect an early bottom reversal phase especially when you combine this momentum line script with out trend optimizer script.
Momentum line (a blue line at the bottom area) tells you the short term trend movement of price. It will useful when the major trend is not developed-well. This line is not for a single use. We suggest you to use it with our other module: Trend Optimizer module, as shown above the momentum line.
Indicator & Strategies:
Momentum Line is based on moving average convergence divergence (MACD). We don't use the histogram, we don't concern the 2 lines crossing. So we blend the two lines into single lines.
See the charts, see the trend color (trend optimizer module) when it changed from long red color into white. It shows the medium trend changed from strong downtrend into neutral. But since the long term trend (the vertical trend bar below) is still not yet changed into green, the major trend (medium & long term) is still in development process. This is when we need to look at momentum line. If it pointing up, it gives confirmation that the uptrend is developing and you can buy the stocks using trend or swing strategies 9our profit trader module)
Benefit For you:
You can detect an early bottom reversal phase especially when you combine this momentum line script with out trend optimizer script.
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡galerisaham。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
To use this scipt, visit https://galerisaham.com/modul for further information.
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
We Build Profitable Traders | Visit: galerisaham.com/pro/
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。
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡galerisaham。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
To use this scipt, visit https://galerisaham.com/modul for further information.
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
We Build Profitable Traders | Visit: galerisaham.com/pro/
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。