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- Views:
- 4316
- Rating:
- Published:
- 2025.01.12 17:34
- Updated:
- 2025.01.13 10:03
-
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Settings and Parameters
General Parameters
-
Momentum Period
The number of candles used to calculate momentum.
Recommended value: 14
(The higher the value, the smoother the curve, but with a lag.) -
Volatility Period
The number of candles used to calculate volatility.
Recommended value: 14 -
Scaling Factor
The scaling factor adjusts the indicator calculation to produce a readable curve.
Default value: 100000
Thresholds
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Overbought Level
The value above which the market is considered overbought.
Default value: 100.0 -
Oversold Level
The value below which the market is considered oversold.
Default value: -100.0
Functions
-
Trend Determination:
- Positive values: Indicate upward momentum (bullish trend).
- Negative values: Indicate downward momentum (bearish trend).
-
Volatility Adjustment:
The indicator dynamically adjusts momentum calculations based on current market volatility, providing more accurate and timely signals. -
Overbought/Oversold Signals:
- Overbought: Indicates the price might soon correct.
- Oversold: Indicates the price might soon recover.

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