nathanvbasko wrote: Sun Oct 20, 2019 4:50 am
v2v Momenticks v1.11
Just a reminder, this tool is about Linear "Momentum". This is not the usual trading tool wherein you buy or sell whenever it crosses the zero line level. More so, if you selected the Rate of Change (ROC) or the Adaptive ATR option. Hence, you may use this tool if you need additional technical insights for your own generated based line analysis (FA & TA).
Again, remember it is Linear "Momentum". It requires keen observation and attention to detail.
By the way... the adaptive ATR was based on mladen's. Please read the below information he shared with it.
"Average True Range (ATR) is a widely used indicator in many occasions. It is calculated as SMA (Simple Moving Average) of true range (which is calculated as the greatest of the following: current high less the current low, the absolute value of the current high less the previous close and the absolute value of the current low less the previous close). With an added "twist": It is using Perry Kaufman's Efficiency Ratio to calculate adaptive true range"
And with this Momenticks release, the usage is... the same.
I just updated the above Momenticks wherein it shows the previous and current ATR value
Get it >>>download/file.php?id=3353679