PROTECTED SOURCE SCRIPT
Wanderer TEMA Momentum WON
Wanderer Financial's WON system indicator uses the short-term 6-TEMA moving across the slightly longer 20-EMA to show momentum in a stock. When this cross occurs a green triangle is shown under the candle to indicate upside momentum, and a red triangle is shown above the candle to indicate downside momentum. We prefer to utilize this indicator as a trade entry level for options trading, which maximize profits from the short-term momentum the signal generates.
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Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.