MAPS - Momentum Consensus
A re-imagining of Bill William's well known Awesome Oscillator. This indicator works similarly to Bill's but from my experience, it's able to detect divergences more frequently and with better accuracy.
Use the link below to obtain access to this indicator
Use the link below to obtain access to this indicator
Versionshinweise:
Updated logic to include volume and PA. Added new screenshot with examples
Versionshinweise:
1) Updated Logic which calculates momentum -- it more closely mirrors the original AO now with some reduction in lag
2) Added reversal points, support/resistance zones and divergences
2) Added reversal points, support/resistance zones and divergences