MomBS

This script is a momemtum buy/sell indicator that works very well on sideways markets, particularly trading stablecoins against each other or against fiat. Trading stablecoins is only profitable when your exchange fees are roughly no more then 0.2%, and is one of the best ways to mitigate risk in your portfolio.

This indicator also works very well on stocks and ETFs on 1 day candlestick  charts.

It has clear visual references where buys and sells should take place. Blue arrows underneath, pointing up, are buy signals and and the alert condition of BUY ASSET.

There are also clear references of blue arrows pointing down, above the  candlestick  , to indicate a sell signal. The alert condition of SELL ASSET.

הערות שחרור:

Added momentum filter to reduce weaker signals