Arresto Momentum
Script uses 3 moving averages (customizable). What is present:
The thick color changing line is a 50 EMA with the Time Segmented Volume coded onto it for the color change. When TSV > 0, it is green, when TSV < 0, it is purple.
The other two moving averages are changeable by the user to be whatever type and length they want them to be.
When the 2 shorter EMAs cross and the 50 EMA matches the appropriate direction, a signal is printed.
Signals are plotted for "Buy" and "Sell"
Buy signals are rising Stars and Sell Signals are Falling Stars.
The thick color changing line is a 50 EMA with the Time Segmented Volume coded onto it for the color change. When TSV > 0, it is green, when TSV < 0, it is purple.
The other two moving averages are changeable by the user to be whatever type and length they want them to be.
When the 2 shorter EMAs cross and the 50 EMA matches the appropriate direction, a signal is printed.
Signals are plotted for "Buy" and "Sell"
Buy signals are rising Stars and Sell Signals are Falling Stars.
Release Notes:
Trend following moving averages utilizing the TSV for color changing of the slower moving average.