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True moment Oscillator
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Aug 15
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True Momentum Oscillator
Indicator specs
Bull/Bear bias: Main above/below Signal (green/red fill).
Crossover dots: clear bullish (green) and bearish (red) regime changes.
Dynamic OB/OS: ±0.7×Length thresholds, ±Length extremes, plus a zero line regime filter.
Fast read on direction + strength of momentum.
Helps time entries/exits and confirm breakouts or reversals.
Customization
Windows:
Length
,
Calc Length
,
Smooth Length
.
Smoothing per stage: EMA / SMA / RMA.
© Licensed under
MIT
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