PROTECTED SOURCE SCRIPT
FOMO_Momentum_Scalper
Updated
Indicator is easy to work with.
The histogram indicates the momentum.
Nothing fancy but signals are pretty accurate
Dark Green Bars on Histogram - Buying opportunity (Momentum of dump is decreasing)
Dark Red Bars on Histogram - Selling opportunity (Momentum of pump is decreasing)
Works best on 1m chart for those great scalping opportunities. Signals are based on increasing Buy/Sell momentum against the direction of the movement.
Haven't tested on any instrument except BTC.
Haven't tested for divergences but it should do the job.
P.S. It doesn't give too many signals as it waits for extreme conditions.
The histogram indicates the momentum.
Nothing fancy but signals are pretty accurate
Dark Green Bars on Histogram - Buying opportunity (Momentum of dump is decreasing)
Dark Red Bars on Histogram - Selling opportunity (Momentum of pump is decreasing)
Works best on 1m chart for those great scalping opportunities. Signals are based on increasing Buy/Sell momentum against the direction of the movement.
Haven't tested on any instrument except BTC.
Haven't tested for divergences but it should do the job.
P.S. It doesn't give too many signals as it waits for extreme conditions.
Release Notes
// Now works for LONG TERM TRADES as well.// Added Alerts for buy/sell signals
Lemme know in feedback if you find any bug.
:)
Release Notes
// Forgot to mention the timeframes to be used with it.For scalping - 1m works best
For mid-long term trades - 1hr timeframe
Release Notes
// Forgot to mention the timeframes to be used with it.For scalping - 1m works best
For mid-long term trades - 1hr timeframe
// Updated the screenshot
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