PROTECTED SOURCE SCRIPT
CC - Candle Momentum Indicator
A simple VWAP and SMA smoothing on the candles along with some momentum coloring. Basically, if the "slider" is slid all the way up and it turns red, moving down or losing volume t's probably going down. If it's all the way down and starts turning green, getting bigger and seeing volume, it's probably going up. this is a prototype indicator that I plan to extend using arrays and averages if it is seen as something useful.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
All of these scripts are sponsored by NChart, as he has graciously given me money for trading view premium to help me develop scripts! Check my bio for more information and a link to their twitter. Mods if this is not okay DM me, thanks! Apologies.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
All of these scripts are sponsored by NChart, as he has graciously given me money for trading view premium to help me develop scripts! Check my bio for more information and a link to their twitter. Mods if this is not okay DM me, thanks! Apologies.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.