OPEN-SOURCE SCRIPT

🔥 QUANT MOMENTUM SKOR

142
QUANT MOMENTUM SCORE – Description (EN)

Summary: This indicator fuses Price ROC, RSI, MACD, Trend Strength (ADX+EMA) and Volume into a single 0-100 “Momentum Score.” Guide bands (50/60/70/80) and ready-to-use alert conditions are included.



How it works

Price Momentum (ROC): Rate of change normalized to 0-100.

RSI Momentum: RSI treated as a momentum proxy and mapped to 0-100.

MACD Momentum: MACD histogram normalized to capture acceleration.

Trend Strength: ADX is direction-aware (DI+ vs DI–) and blended with EMA state (above/below) to form a combined trend score.

Volume Momentum: Volume relative to its moving average (ratio-based).

Weighting: All five components are weighted, auto-normalized, and summed into the final 0-100 score.

Visuals & Alerts: Score line with 50/60/70/80 guides; threshold-cross alerts for High/Strong/Ultra-Strong regimes.


Inputs, weights and thresholds are configurable; total weights are normalized automatically.


How to use

Timeframes: Works on any timeframe—lower TFs react faster; higher TFs reduce noise.

Reading the score:

<50: Weak momentum

50-60: Transition

60-70: Moderate-Strong (potential acceleration)

≥70: Strong, ≥80: Ultra Strong

Practical tip: Use it as a filter, not a stand-alone signal. Combine score breakouts with market structure/trend context (e.g., pullback-then-re-acceleration) to improve selectivity.

Disclaimer: This is not financial advice; past performance does not guarantee future results.

คำจำกัดสิทธิ์ความรับผิดชอบ

ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน