OPEN-SOURCE SCRIPT
Naveen %R (140)
Naveen %R (140) is a custom momentum oscillator inspired by the Williams %R indicator, optimized for analyzing overbought and oversold conditions in volatile markets, such as altcoins on short timeframes like 5 minutes. Unlike the traditional Williams %R, it employs a 140-period lookback to capture longer-term price extremes, smoothing out noise for a clearer view of market momentum. The indicator ranges from 0 to -100, with custom thresholds set at -5 for overbought (red line) and -95 for oversold (green line), offering tighter boundaries to pinpoint significant reversals. Plotted in blue, Naveen %R (140) is ideal for traders seeking a robust tool to navigate fast-moving crypto markets with enhanced precision.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.