This is not histogram per se (indicator - signal), but is used for highlighting the crosses. If momentum smoothing is enabled, this period is used. If TRUE, enables EMA(close) to be used rather than 'close'. Mr.Stefenel suggests using this like other oscillators - crossing signal line, crossing zero, divergences.įor alerts, use 'Momentum', 'Signal' and 'ZeroLine' plots. AMOM uses SMA as the reference for deriving momentum, thereby anchoring it to that MA rather than 'value of close n bars back'. Sqeezy6.AssignValueColor(if squeezeDots6 = 1 then Color.DARK_GREEN else Color.Anchored Momentum (AMOM), by Rudy Stefenel, is a modified momentum indicator to capture the relative momentum. Sqeezy6.AssignValueColor(if squeezeDots6 = 1 then Color.DARK_GREEN else Color.DARK_RED) Sqeezy6.SetPaintingStrategy(PaintingStrategy.POINTS) Sqeezy5.AssignValueColor(if squeezeDots5 = 1 then Color.DARK_GREEN else Color.DARK_RED) Sqeezy5.SetPaintingStrategy(PaintingStrategy.POINTS) Sqeezy4.AssignValueColor(if squeezeDots5 = 1 then Color.DARK_GREEN else Color.DARK_RED) Sqeezy4.SetPaintingStrategy(PaintingStrategy.POINTS) Sqeez圓.AssignValueColor(if squeezeDots3 = 1 then Color.DARK_GREEN else Color.DARK_RED) Sqeez圓.SetPaintingStrategy(PaintingStrategy.POINTS) Sqeezy2.AssignValueColor(if squeezeDots2 = 1 then Color.DARK_GREEN else Color.DARK_RED)

Sqeezy2.SetPaintingStrategy(PaintingStrategy.POINTS) Sqeezy1.AssignValueColor(if squeezeDots1 = 1 then Color.DARK_GREEN else Color.DARK_RED) Sqeezy1.SetPaintingStrategy(PaintingStrategy.POINTS) Plot Sqeezy6 = if squeezeDots6 = 1 then squeezeDots6 else 1 Plot Sqeezy5 = if squeezeDots5 = 1 then squeezeDots5 + 1 else 2 Plot Sqeezy4 = if squeezeDots4 = 1 then squeezeDots4 + 2 else 3 Plot Sqeez圓 = if squeezeDots3 = 1 then squeezeDots3 + 3 else 4 Plot Sqeezy2 = if squeezeDots2 = 1 then squeezeDots2 + 4 else 5 Plot Sqeezy1 = if squeezeDots1 = 1 then squeezeDots1 + 5 else 6

MTF_Sqz.AssignValueColor(if Top_Plot = 1 then Color.BLACK else Color.DARK_RED) MTF_Sqz.SetPaintingStrategy(PaintingStrategy.POINTS) Input AP3 = AggregationPeriod.THREE_DAYS ĭef squeezeDots1 = TTM_Squeeze(price1, length, nK, nBB, alertLine).SqueezeAlert ĭef squeezeDots2 = TTM_Squeeze(price2, length, nK, nBB, alertLine).SqueezeAlert ĭef squeezeDots3 = TTM_Squeeze(price3, length, nK, nBB, alertLine).SqueezeAlert ĭef squeezeDots4 = TTM_Squeeze(price4, length, nK, nBB, alertLine).SqueezeAlert ĭef squeezeDots5 = TTM_Squeeze(price5, length, nK, nBB, alertLine).SqueezeAlert ĭef squeezeDots6 = TTM_Squeeze(price6, length, nK, nBB, alertLine).SqueezeAlert ĭef Top_Plot = (squeezeDots1 + squeezeDots2 + squeezeDots3 + squeezeDots4 + squeezeDots5 +squeezeDots6) >= Vote SignalHighShort.SetPaintingStrategy(paintingStrategy.ARROW_Down) tDefaultColor(color.red) ĭef highSqueeze = BolKelDelta_High 0) or (LongShortDefinition = LongShortDefinition.HistRisingFalling and oscillator > oscillator) or (LongShortDefinition = LongShortDefinition.HistRisingFromBelowFallingFromAbove and oscillator > oscillator and oscillator 0 )) then high+signalOffset else double.nan SignalMidShort.SetPaintingStrategy(paintingStrategy.ARROW_Down) Def midSqueeze = BolKelDelta_Mid 0) or (LongShortDefinition = LongShortDefinition.HistRisingFalling and oscillator > oscillator) or (LongShortDefinition = LongShortDefinition.HistRisingFromBelowFallingFromAbove and oscillator > oscillator and oscillator 0 )) then high+signalOffset else double.nan

Squeeze momentum indicator mtf