Momentum BigMove v8
- Göstergeler
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Pamela Ese Ogono
I am an intermediate trader and Python developer with experience in creating trading scripts and automation tools for MT4 and MT5. I specialize in building custom indicators, back-testing strategies, and automated trading solutions that can help traders optimize performance. I am passionate about - Sürüm: 8.0
- Etkinleştirmeler: 10
Momentum BigMove v8
Overview
Momentum BigMove v8 is a technical indicator designed to analyze price momentum and volatility. It is intended for use on liquid assets such as Gold (XAUUSD), major equity indices, and primary currency pairs. The tool utilizes an ATR-scaled sensitivity calculation combined with an EMA filter to identify periods of significant price movement.
Momentum BigMove v8 is a technical indicator designed to analyze price momentum and volatility. It is intended for use on liquid assets such as Gold (XAUUSD), major equity indices, and primary currency pairs. The tool utilizes an ATR-scaled sensitivity calculation combined with an EMA filter to identify periods of significant price movement.
Core Features
- Momentum Analysis: Identifies directional price changes based on user-defined sensitivity levels.
- Non-Repainting Signals: Once a candle closes and a signal is generated, the visual markers remain fixed at their historical positions.
- Volatility Adjustment: Incorporates the Average True Range (ATR) to adjust signal thresholds according to current market conditions.
- Notification System: Includes built-in support for terminal alerts, push notifications for mobile devices, and email alerts.
- Developer Integration: Features accessible data buffers for users who wish to integrate these signals into other automated systems.
Application
- Buy Signal: Generated when momentum exceeds the calculated threshold during a positive EMA trend.
- Sell Signal: Generated when momentum drops below the calculated threshold during a negative EMA trend.
- Visual Labels: Optional price tags can be displayed on the chart at the time of signal generation.
Technical Recommendations
- Assets: XAUUSD, EURUSD, GBPUSD, and major stock indices.
- Timeframes: The indicator is functional on all periods, including M15, H1, and H4.
Input Parameters
- InpPeriod: Lookback period for momentum calculation.
- InpSens: Threshold for signal sensitivity.
- InpATRPeriod: Lookback period for the volatility filter.
- InpGapMult: Controls the visual distance of markers from price.
- InpMinCandlesBetweenSignals: Minimum interval required between consecutive signals.
- InpShowPriceTags: Toggles the visibility of price labels
