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UDAY_C_Santhakumar
6 אוק׳ 2014 18:12

UCS_Momentum Oscillator - Version 2 

תיאור

This is Version - 2 of the Momentum Oscillator, Like i said on the prior version, This version has an Indicator for Trends.

Marks only Overbought and Oversold Based on the TREND.

The Trend dots are calculated exactly like the Slingshot system trend.

tradingview.com/v/orUtudp2/
תגובות
UDAY_C_Santhakumar
UDAY_C_Santhakumar
What is the future here? I am waiting for the strategies to go live, then I can get this out.

Jay1176
Thank you so much for the script, God bless you
kennylim02134
Hi , may I know your thought flow on the choice for the short & base stochastic input (i.e. 8/3, 100/10)?
I combine this MO with CM_UCS_Modified SlingShot and it works great in identifying real trend when
MO reach the red / green zone and find that up / down trend usually follows subsequently.
Appreciate your response.
UDAY_C_Santhakumar
Its a personal preference and this is the first version i used mid 2013. There has been substantial improvement on this one. You can use anything you want. Since I have used this for more than a year. I picked 8-40 and 100-500. With 8 and 100 = Its kinda giving me 3-10 picks a day from liquid optioinable stock and etf, These are for quick returns. Depending on how the pullback forms, I have a personal guide to prioritize the picks, Each priority will be played with different option strategies. Once the trade is executed, I follow on a daily basis to manage them. Its more like a habit for me now. If you like this and want to master it, SPEND time and learn the setups and scenarios.
kennylim02134
Thanks for your input. Are there any reference you can share from the web on guidance to set the stochastic input?
UDAY_C_Santhakumar
It will be released when the Strategies capability is available. The strategies are now dynamic.
LazyBear
Nice one!
UDAY_C_Santhakumar
Thanks Again!
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