SFC Momentum Indicator by SerpentForexClub

This indicator combine other indicators as RSI , MACD , Bollinger Bands , Moving averages, ADX and many more in order to define the current momentum of the price.

This indicator will help traders to define where price is overbought/ oversold or lack of momentum.

The traders also can see the short term, middle term and long term trend and also the steepness of the trends.

The indicator provide buy/sell suggestions and suitable Stop Loss.

How to use

Red colour: Bearish momentum
Dark red colour: Very bearish momentum / Oversold

Green colour : Bullish momentum
Dark green colour: Very bullish momentum/ Overbold

Yellow or Gray colour: sideways, no momentum

Use the indicator suggestions and combine them with the oder provided information from the indicator

Release Notes:

minor bug fixes

Strategy:
-Macroeconomics
-Market manipulation
-Liquidity calculation
-Economic and price action indicators
-MTF Pivot points

*Fundamental analysis
*Technical analys
*Quantitative analysis

Free group:
t.me/serpentforexclub

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact SerpentForexClub for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

Just send me a message.

Want to use this script on a chart?

Warning: please read before requesting access.