Here is a momentum indicator on multiple timeframes, 15minutes, 1 hour en 4 hours timeframe.
When all timeframes momentum are above zero, the indicator is darkgreen, when only the 15 min timeframe >0 , then the indicator is lightgreen.
It can be used as a indicator for daytrading, in general it is not wise to open short positions, when the indicator is darkgreen of open long positions when the indicator is darkred.
To be used at a 5min or 15 min timeframe.
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timeframe(15 minutes, updateonclose) Mom15= momentum[14](close) timeframe(60 minutes, updateonclose) Mom60= momentum[11](close) timeframe(240 minutes, updateonclose) Mom240= momentum[13](close) timeframe (default) rood=0 roze=0 oranje=0 groen=0 lichtgroen=0 geelgroen=0 If (((Mom15>0) and (Mom60>0)) and (Mom240>0)) then groen=1 else groen=0 If (Mom15>0) and (Mom60>0) then lichtgroen=1 else lichtgroen=0 If Mom15>0 then geelgroen=1 else geelgroen=0 endif endif endif If (((Mom15<0) and (Mom60<0)) and (Mom240<0)) then rood=1 else rood=0 If (Mom15<0) and (Mom60<0) then roze=1 else roze=0 If Mom15<0 then oranje=1 else oranje=0 endif endif endif return rood coloured(245,0,0), roze coloured(255,0,255),groen coloured(0,102,40), lichtgroen coloured(0,204,0),geelgroen coloured(153,255,153), oranje coloured (255,178,102) |
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Super idée. j’ai juste un souci. j’ai pas de barre verte mais plusieurs lignes de couleurs… une idée de quoi cela peut venir? merci
change line in histgram, (click on indicator name, click on tool (
Super merci.