Part 2 of a quick look into the Slow MoMo Line.
Here we can see the Slow MoMo calling bottoms back in 2017 during the bull run. The highlighted areas are when the MoMo line was below -10. As you can see it does not stay below -10 for very long before finding the bottom.
This is less than half of what the MoMo offers and as you can see it is quite powerful.
https://www.tradingview.com/script/mdY8Q35D-DBT-MoMo-v2/
Here we can see the Slow MoMo calling bottoms back in 2017 during the bull run. The highlighted areas are when the MoMo line was below -10. As you can see it does not stay below -10 for very long before finding the bottom.
This is less than half of what the MoMo offers and as you can see it is quite powerful.
https://www.tradingview.com/script/mdY8Q35D-DBT-MoMo-v2/
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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.
Related publications
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.