OPEN-SOURCE SCRIPT
Median Momentum with Buy/Sell Signals and Bar Color

Momentum Calculation:
Momentum is calculated as the difference between the current close price and the close price momentum_length periods ago: momentum = close - close[momentum_length].
Highest and Lowest Momentum:
The highest and lowest momentum values over the specified length are calculated.
Median Momentum:
The median momentum is calculated as the average of the highest and lowest momentum values.
Color Setting:
medianColor is set based on whether the momentum is above, below, or equal to the median momentum.
barColor is set similarly for bar coloring.
Plotting:
The script plots the median momentum and the actual momentum values.
Buy and sell signals are generated when momentum crosses over or under the median momentum.
The script also plots the buy and sell signals with arrows on the chart.
Momentum is calculated as the difference between the current close price and the close price momentum_length periods ago: momentum = close - close[momentum_length].
Highest and Lowest Momentum:
The highest and lowest momentum values over the specified length are calculated.
Median Momentum:
The median momentum is calculated as the average of the highest and lowest momentum values.
Color Setting:
medianColor is set based on whether the momentum is above, below, or equal to the median momentum.
barColor is set similarly for bar coloring.
Plotting:
The script plots the median momentum and the actual momentum values.
Buy and sell signals are generated when momentum crosses over or under the median momentum.
The script also plots the buy and sell signals with arrows on the chart.
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
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。