Updated
Blast Off Momentum [DW]
This study is an alternative experimental interpretation of the Blast Off Indicator by Larry Williams.
This formula takes positive and negative magnitudes rather than the absolute value. The result is then smoothed with an EMA, and twice smoothed to provide a signal line.
This formula takes positive and negative magnitudes rather than the absolute value. The result is then smoothed with an EMA, and twice smoothed to provide a signal line.
Release Notes
Updates:Simple housekeeping. Cleaned up the code a bit.
Aesthetic Updates:
-> Changed BOM's plot to columns
-> Added bar colorization
For my full list of premium tools, check the blog:
wallanalytics.com/
Reach out on Telegram:
t.me/DonovanWall
wallanalytics.com/
Reach out on Telegram:
t.me/DonovanWall
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
For my full list of premium tools, check the blog:
wallanalytics.com/
Reach out on Telegram:
t.me/DonovanWall
wallanalytics.com/
Reach out on Telegram:
t.me/DonovanWall
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.