LazyBear

Anchored Momentum [LazyBear]

Anchored Momentum ( AMOM ), by Rudy Stefenel, is a modified momentum indicator to capture the relative momentum. AMOM uses SMA as the reference for deriving momentum, thereby anchoring it to that MA rather than "value of close n bars back".

Mr.Stefenel suggests using this like other oscillators -- crossing signal line, crossing zero, divergences.

For alerts, use "Momentum", "Signal" and "ZeroLine" plots.

Configurable options:
- Momentum Period: Default is 10.
- Signal Period: Default is 8.
- Smooth Momentum: Default is FALSE. If TRUE, enables EMA (close) to be used rather than "close".
- Smoothing Period: Default is 7. If momentum smoothing is enabled, this period is used.
- Show Histogram: Default is FALSE. This is not histogram per se (indicator - signal), but is used for highlighting the crosses. Check out the histogram pane below to see an example.
- Enable Barcolors: Default is FALSE. If enabled, colors the price data (bars/candles) using histogram color.

More info:
Anchored Momentum, Stocks & Commodities V16:2 (89-98)

Complete list of all my indicators:
https://docs.google.com/document/d/15AGC...
Favori Komutlardan Çıkart Favori Komutlara Ekle
//
// @author LazyBear 
// List of all my indicators: 
// https://docs.google.com/document/d/15AGCufJZ8CIUvwFJ9W-IKns88gkWOKBCvByMEvm5MLo/edit?usp=sharing
// 
study("Anchored Momentum [LazyBear]", shorttitle="AMOM_LB")
src=close
l=input(10, title="Momentum Period")
sl=input(8, title="Signal Period")
sm=input(false, title="Smooth Momentum")
smp=input(7, title="Smoothing Period")
sh=input(false, title="Show Histogram")
eb=input(false, title="Enable Barcolors")
p=2*l+1
amom=100*(((sm?ema(src,smp):src)/(sma(src,p)) - 1))
amoms=sma(amom, sl)
hline(0, title="ZeroLine")
hl=sh ? amoms<0 and amom<0 ? max(amoms, amom) : amoms>0 and amom>0 ? min(amoms, amom) : 0 : na
hlc=(amom>amoms)?(amom<0?orange:green):(amom<0?red:orange)
plot(sh?hl:na, style=histogram, color=hlc, linewidth=2)
plot(amom, color=red, linewidth=2, title="Momentum")
plot(amoms, color=green, linewidth=2, title="Signal")
barcolor(eb?hlc:na)
Thank you very much LazyBear for creating and sharing this indicator. From my first test with the Bitcoin price it looks like a really helpful indicator. Most people are mainly going to like the red and green colors. But I like the very few wrong signals and that it is still quite early with them in the higher risk below 0 area. Useful to very easily determine low risk/ high reward areas with this indicator. It's a keeper :)
+1 Cevap Gönder
LazyBear ChartArt
Thanks Chartart. Now, all i need to do is find a way for my indicators to send me 10% of all the profits made using them :)
+4 Cevap Gönder
Great stuff!
Cevap Gönder
LazyBear nunoedgar.fernandes
Thx.
Cevap Gönder
More great work. Thank you.
Cevap Gönder
LazyBear iamaltcoin
YW :)
Cevap Gönder
Ana Sayfa Hisse Senedi Takipçisi Forex Takipçisi Kripto Takipçisi Ekonomik Takvim Gösterimler Nasıl Çalışır Grafik Özellikleri Ücretlendirme Kurallarımız Moderatörler Web Sitesi & Aracı Kurum Çözümleri Görsel Bileşenler(Widget) Grafik Çözümleri Hafif Grafik Kitaplığı Destek Merkezi Tanıdık yönlendirme Yeni Özellik Talebi Blog ve Haberler Twitter
Profil Profil Ayarları Hesap ve Ödemeler Tanıdık yönlendirme Destek Kayıtlarım Destek Merkezi Yayınlanmış Fikirler Takip Edenler Takip Ediliyor Özel Mesajlar Sohbet Çıkış