// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("MomentumPlot"); SetTradeDelays( 1, 0, 0, 0); SetPositionSize(50000,spsValue); SetOption("InitialEquity", Param("InitialEquity",500000,100000,2000000,10000 )); SetOption("CommissionMode", 2 ); //SetOption("CommissionAmount", 100.00 ); //SetOption("AllowSameBarExit", True ); HighmomentumPeriods = Param("h Average Periods",65,1,100,1); LowmomentumPeriods = Param("l Average Periods",7,1,20,1); MomtumUp=EMA(C,LowmomentumPeriods)/EMA(C,HighmomentumPeriods)>1.05; MomtumDown=EMA(C,LowmomentumPeriods)/EMA(C,HighmomentumPeriods)<0.95; range=High-Low; lcrange=High-Close; scrange=C-low; lng=lcrange/range<0.20 AND MomtumUp ; shrt=scrange/range<0.20 AND MomtumDown; Ribbon_kol=IIf(MomtumUp,colorLime,IIf(MomtumDown,colorPink,colorBlack)); Plot(4, "ribbon", Ribbon_kol, styleOwnScale| styleArea| styleNoLabel,-0.5,100,0,-9); //lng=True; //shrt=True; //long=high-close/High-Low<0.80 AND Open