Momentum Covariance Oscillator by TenozenWell, guess what? A new indicator is here! Again it's a coincidence, as I experiment with my formula. So far it's less noisy than Autoregressive Covariance Oscillator, so possibly this one is better. The formula is much simpler, care me to explain.
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Yt = close - previous average
Val = Yt/close
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Welp that's the formula lol. Funny thing is that it's so simple, but it's good! What matters is the use of it haha.
So how to use this Oscillator? If the value is above 0, we expect a bullish response, if the value is below 0 we expect a bearish response. That simple. Ciao.
(Any questions and suggestions? feel free to comment!)
ค้นหาในสคริปต์สำหรับ "momentum"
QZMOM & ADX PRO+The Momentum Squeeze Indicator is a momentum oscillator that indicates how explosively the price will move. Its first known version was called "TTM Squeeze" by John Carter explained in his book "Mastering the Trade" (chapter 11) and popularized in TradingView by a developer named LazyBear.
The black crosses on the center line show that the market has just entered a consolidation. This means low volatility, the market is preparing for an explosive move (up or down). The gray crosses mean the "Squeeze". Carter suggests waiting until the first gray after a black cross and taking a position in the direction of the oscillator. For its part, LazyBear recommends using an additional indicator such as ADX to improve the effectiveness of entry points and position closures.
Oscillator understanding improvements:
During the indicator creation process we were able to better understand the logic of the oscillator and based on that knowledge we implemented improvements.
Oscillator development improvements:
Side panel:
The ADX algorithm was incorporated, which is displayed numerically on the right panel of the indicator, shows the value of ADX and its directionality.
Added an arrow pointer to indicate oscillator directionality.
Two exponential moving averages of 11 and 55 periods have been added to the right panel, this will mark if the trend is bullish or bearish depending on the crossover of the EMAs.
An indicator of the Indicator Squeeze was also included, which marks the periods of price consolidation (OFF) and the periods in which the price should react explosively.
Added a feature that allows automatic color changing of the panels based on the color of the oscillator and the ADX.
o ADX: Dark green (bullish force).
o ADX: Light green (loss of bullish strength).
o ADX: Dark red (bearish force).
o ADX: Light red (loss of bearish strength).
o ADX: Orange (loss of strength, disinterest and low volume).
Signs:
A very famous strategy that we have learned is that of the trading expert Jaime Merino, who by combining the Momentum Squeeze Indicator and a ADX común, logró vincular eficientemente la debilidad del ADX con el inicio de un momentum alcista o bajista. La parametrización de su estrategia se señaló en alertas de compra y venta, que se representan de la siguiente manera:
B (Comprar): se activa cuando un movimiento bajista marcado por el ADX (pendiente negativa) termina y el oscilador toma direccionalidad alcista (impulso alcista).
S (Vender): se activa cuando un movimiento alcista marcado por el ADX (pendiente negativa) termina y el oscilador toma direccionalidad bajista (momentum bajista).
Filter:
To prevent any trader from trading against the trend, a filter was added that limits bearish entry alerts when the trend is up and vice versa, that is, when the EMA 10 is above the EMA 55, it is understood that the trend is up in that time frame, therefore bearish entry alerts will not be triggered. It will be the decision of each trader to activate or deactivate this function.
Alerts:
This is without a doubt the most awaited function for all Latin American traders, (Just kidding), but being aware, I am very proud of the implementation of alerts for each improvement made to this indicator, if you decide to use the Momentum Squeeze Indicator you can automate alerts for the following actions:
Buy and sell alerts.
Alerts to activate the Squeeze to (ON).
Oscillator quadrant change alerts
or bullish momentum.
or bearish momentum.
o Bullish force.
o Bearish force.
Recommendations:
One of the things that became clearer in the development of this indicator is the coloring of the dials, which is why we recommend the use of four colors, one for each oscillator grid.
Momentum ArrowsThis simple indicators paints the Momentum based on Stochastic, RSI or WaveTrend onto the Price Chart by showing Green or Red arrows.
In the settings it can be selected which indicator is used, Stochastic is selected by default.
Length of the arrows is determined by the strength of the momentum:
Stochastic: Difference between D and K
RSI: Difference from RSI-50
WaveTrend: Difference between the Waves
(Thanks to @LazyBear for the WaveTrend inspiration)
PS:
If anyone has an idea how to conditionally change the color of the arrows, then please let me know - that would be the icing on the cake. Then it would be possible to indicate Overbought/Oversold levels with different colors.
Unfortunately it currently seems not to be possible to dynamically change the arrow colour.
Top Goon X
Momentum based indicator
various signals for various parameters
bull/bear divergence will be seen as the dots with blue being bearish and yellow being bullish
the red X and green + are top and bottom signals per TGX
white flag appears respectably on top and bottom when all parameters are met bullshly or bearishly
Watch for TGX to reset while it rest just under resistance for a bullish set up
or
for TGX to run while sitting on top of support for bearish set up
TGX will trend in the upper parallel when bullish and bottom when bearish
towards the end of the trend is when you will see TGX "reset" for one last push up, albeit that push can run as long as it the market wants
@satoshiiheavy
Technical Analysis for www.cryptocurrentlyvip.com
GTOGTO is a easy to understand and use script
it just uses candle closes and other variables to gauge momentum that is then plotted on top of the chart
teal = bullish
salmon = bearish
you want them plotting while in your desired trade, if you are long and bearishness starts showing may be good toexit vise versa
Red X is BULL fatigue or can other wise be seen as bearish
Green X is the opposite
@satoshiiheavy
Technical Analyst for www.cryptcurrentlyvip.com
Momentum Engine: Stage AnalysisOverview: This dashboard is a comprehensive momentum analysis tool designed for the Indian stock market (adaptable to others). It evaluates a stock's health by analyzing its trend structure, relative strength against a benchmark, volume activity, and price volatility.
Dashboard Metrics & Interpretation: Each row in the dashboard provides a specific diagnostic check for the stock.
Trend Structure: Identifies the current phase of the stock's life cycle.
✅ Power Trend (Stage 2): The strongest bullish signal. The stock is in a confirmed uptrend indicating powerful momentum.
⚠️ Stage 2 (Developing): The stock price is rising, but the momentum alignment is not yet perfect. It is positive but may be in the early stages or correcting.
❌ Mixed / Stage 4: The stock is either in a downtrend (falling price) or moving sideways without clear direction. It is technically weak.
RS vs BenchmarkCompares the stock's performance against a selected market index (e.g., Nifty 50, Sensex, Smallcap).
💪 Beating : The stock is outperforming the market. Even if the market is flat, this stock is rising. This indicates market leadership.
⚠️ Lagging : The stock is underperforming. It is weaker than the general market, suggesting a lack of institutional interest.
Tightness (VCP) Checks if the price action is "tightening" (Volatility Contraction Pattern).
✅ Tight (VCP): The price swings are getting smaller and calmer. This "calm before the storm" often precedes a major breakout.
❌ Loose: The price action is wide and choppy. The stock is "noisy," making it difficult to manage risk effectively.
The Final Verdict: The "Verdict" synthesizes all metrics into a single actionable status.Verdict 🚀 A+ BREAKOUT🟩 Green: The Perfect Setup. The stock is in a Power Trend, beating the market, has tightened up (VCP), and is sitting just below the breakout point. High probability.
💪 VOL MOMENTUM🟦 Blue High Velocity. The stock has strong trend and volume but might be imperfect (e.g., a bit loose or volatile). Suitable for aggressive traders riding momentum.👀
WATCH LIST🟧 Orange Getting Ready. The stock has a great structure but is not ready to buy yet (e.g., price is too far from the pivot). Keep it on your radar.
WAIT⬜ Gray No Setup. The stock is weak, lagging, or broken. Ignore it for now.
⚠️ WARNING & DISCLAIMER
Trading involves substantial risk of loss. This tool is a technical analysis aid only and does not guarantee future performance.
No Guarantees: A "Power Trend" or "A+ Breakout" signal does not ensure the stock will rise. Market conditions can change instantly due to news, earnings, or global events.
Not Financial Advice: This script is for educational and analytical purposes only. It is not a recommendation to buy or sell any specific security.
Use Caution: Always perform your own research (DYOR) and use strict risk management (Stop Losses) regardless of what the indicator says. The indicator is based on historical data, which may not predict future movements.
BIG Professional Relative Rotation GraphPROFESSIONAL RELATIVE ROTATION GRAPH (RRG)
SUMMARY
The Professional Relative Rotation Graph (RRG) is a powerful charting tool that visualizes the **relative strength** and **momentum** of multiple assets (currencies, commodities, or sectors) compared to a benchmark on a single quadrant chart. This overlay is discreetly displayed in the top-left corner of your chart, enabling a fast, visual assessment of market and sector trends.
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HOW THE RRG WORKS
The RRG uses two key metrics:
1. Relative Strength (RS-Ratio): Measures an asset's long-term performance relative to the benchmark (X-Axis). Values above 100 indicate outperformance.
2. Relative Momentum (RS-Momentum): Measures the short-term rate of change in relative strength (Y-Axis). Values above 100 indicate rising momentum.
THE FOUR QUADRANTS
The asset's position shows its current market phase.
* LEADING: Outperforming in strength and rising momentum (Bullish).
* WEAKENING: Outperforming in strength, but falling momentum (Caution).
* LAGGING: Underperforming in strength and falling momentum (Bearish).
* IMPROVING: Underperforming in strength, but rising momentum (Recovery).
AREAS OF APPLICATION
Select the desired RRG Type via the inputs:
* Forex RRG: Compares currencies relative to the DXY.
* Commodity RRG: Compares commodities relative to the DJP.
* Equity Sectors RRG: Compares US sectors relative to the SPY.
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USAGE NOTES (MAX 8 LINES)
The RRG tracks rotation of assets through the quadrants.
1. Ideal Entry: Look for the rotation: Lagging → Improving → Leading.
2. Ideal Exit/Short: Look for the rotation: Leading → Weakening → Lagging.
3. Positions are always relative to the benchmark (DXY, SPY, or DJP).
4. The RRG Type input switches between asset groups.
5. Use Zoom Factor to better distinguish closely clustered assets.
6. Trail Points confirm the current direction of the asset's movement.
momentum spread strategy ilkerThis script is the opposite of a traditional mean-reversion pairs trading strategy. It is a "Cointegration Breakdown" or "Momentum Divergence" tool.
Instead of betting on a spread's Z-Score to revert to 0, this strategy is designed to identify when the statistical relationship (the "elastic band") has snapped. It then provides signals to trade with the momentum as the spread diverges.
It filters for true breakouts by waiting for a "Momentum Regime," which is confirmed only when the pair's relationship becomes statistically unstable.
## 📈 Key Features
1. The Momentum Regime (Blue Background)
This is the core of the indicator. The background turns BLUE to signal a "Momentum Regime". This is the only time you should look for a momentum trade.
The blue background activates only if TWO conditions are met simultaneously:
• 1. Relationship Instability: The pair's relationship is broken. This is confirmed when either the rolling Correlation Z-Score (purple line) breaks down OR the Volatility Ratio (orange line) becomes unstable.
• 2. Divergence Confirmation: The Half-Life calculation (from our v2.8 script) shows "N/A (Divergent)" in the dashboard. This mathematically confirms the mean-reverting force (\lambda) is gone (it has turned positive) and the spread is statistically diverging.
If the background is GRAY, the script is in a "Neutral" or "Mean-Reversion" state, and all momentum signals should be ignored.
2. Momentum Breakout Signals
This strategy inverts the Z-Score logic. The 0-line is not a profit target; it is the breakout line.
• BUY Signal (Blue Triangle ▲): Appears only if the background is BLUE and the Z-Score (blue line) crosses ABOVE 0. This is your long momentum entry.
• SELL Signal (Fuchsia Triangle ▼): Appears only if the background is BLUE and the Z-Score crosses BELOW 0. This is your short momentum entry.
3. Built-in Trade Management
• Take Profit (X Cross): Your profit target is the outer band. The script plots an 'X' when the Z-Score hits the +2.0 band (for longs) or the -2.0 band (for shorts).
• Stop Loss (X Cross): Your stop is a failure of the momentum. The script plots an 'X' if the Z-Score re-crosses the 0-line against your trade.
4. Full Quant Dashboard
All the statistical components are plotted for analysis:
• Price Z-Score (Blue Line): Your primary momentum indicator.
• Z-Score Correlation (Purple Line): Lets you visually confirm the correlation breakdown.
• Volatility Ratio (Orange Line): Lets you visually confirm the volatility spike.
• Half-Life Dashboard: Confirms the regime by showing "N/A (Divergent)".
## 🛠 How to Use (Required Setup)
IMPORTANT: This indicator is designed to run on a spread chart (e.g., M2K/MES or MGC/SIL).
1. Load your spread chart first (e.g., type M2K/MES in the ticker bar).
2. Add this indicator to the chart.
3. Go into the indicator's Settings (⚙).
4. In the "Inputs" tab, you MUST fill in the two individual tickers:
• Ticker du Symbole 1 (REQUIS): M2K
• Ticker du Symbole 2 (REQUIS): MES
5. The script uses these two inputs to calculate the Volatility and Correlation filters. The main Z-Score is calculated from the spread chart itself.
This tool is for traders who want to capture explosive divergence moves that happen during fundamental news or regime changes, while filtering out the "noise" of stable, mean-reverting periods.
Momentum Quant Spread IlkerThis script is the opposite of a traditional mean-reversion pairs trading strategy. It is a "Cointegration Breakdown" or "Momentum Divergence" tool.
Instead of betting on a spread's Z-Score to revert to 0, this strategy is designed to identify when the statistical relationship (the "elastic band") has snapped. It then provides signals to trade with the momentum as the spread diverges.
It filters for true breakouts by waiting for a "Momentum Regime," which is confirmed only when the pair's relationship becomes statistically unstable.
## 📈 Key Features
1. The Momentum Regime (Blue Background)
This is the core of the indicator. The background turns BLUE to signal a "Momentum Regime". This is the only time you should look for a momentum trade.
The blue background activates only if TWO conditions are met simultaneously:
• 1. Relationship Instability: The pair's relationship is broken. This is confirmed when either the rolling Correlation Z-Score (purple line) breaks down OR the Volatility Ratio (orange line) becomes unstable.
• 2. Divergence Confirmation: The Half-Life calculation (from our v2.8 script) shows "N/A (Divergent)" in the dashboard. This mathematically confirms the mean-reverting force (\lambda) is gone (it has turned positive) and the spread is statistically diverging.
If the background is GRAY, the script is in a "Neutral" or "Mean-Reversion" state, and all momentum signals should be ignored.
2. Momentum Breakout Signals
This strategy inverts the Z-Score logic. The 0-line is not a profit target; it is the breakout line.
• BUY Signal (Blue Triangle ▲): Appears only if the background is BLUE and the Z-Score (blue line) crosses ABOVE 0. This is your long momentum entry.
• SELL Signal (Fuchsia Triangle ▼): Appears only if the background is BLUE and the Z-Score crosses BELOW 0. This is your short momentum entry.
3. Built-in Trade Management
• Take Profit (X Cross): Your profit target is the outer band. The script plots an 'X' when the Z-Score hits the +2.0 band (for longs) or the -2.0 band (for shorts).
• Stop Loss (X Cross): Your stop is a failure of the momentum. The script plots an 'X' if the Z-Score re-crosses the 0-line against your trade.
4. Full Quant Dashboard
All the statistical components are plotted for analysis:
• Price Z-Score (Blue Line): Your primary momentum indicator.
• Z-Score Correlation (Purple Line): Lets you visually confirm the correlation breakdown.
• Volatility Ratio (Orange Line): Lets you visually confirm the volatility spike.
• Half-Life Dashboard: Confirms the regime by showing "N/A (Divergent)".
## 🛠 How to Use (Required Setup)
IMPORTANT: This indicator is designed to run on a spread chart (e.g., M2K/MES or MGC/SIL).
1. Load your spread chart first (e.g., type M2K/MES in the ticker bar).
2. Add this indicator to the chart.
3. Go into the indicator's Settings (⚙).
4. In the "Inputs" tab, you MUST fill in the two individual tickers:
• Ticker du Symbole 1 (REQUIS): M2K
• Ticker du Symbole 2 (REQUIS): MES
5. The script uses these two inputs to calculate the Volatility and Correlation filters. The main Z-Score is calculated from the spread chart itself.
This tool is for traders who want to capture explosive divergence moves that happen during fundamental news or regime changes, while filtering out the "noise" of stable, mean-reverting periods.
Luxy Adaptive MA Cloud - Trend Strength & Signal Tracker V2Luxy Adaptive MA Cloud - Professional Trend Strength & Signal Tracker
Next-generation moving average cloud indicator combining ultra-smooth gradient visualization with intelligent momentum detection. Built for traders who demand clarity, precision, and actionable insights.
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WHAT MAKES THIS INDICATOR SPECIAL?
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Unlike traditional MA indicators that show static lines, Luxy Adaptive MA Cloud creates a living, breathing visualization of market momentum. Here's what sets it apart:
Exponential Gradient Technology
This isn't just a simple fill between two lines. It's a professionally engineered gradient system with 26 precision layers using exponential density distribution. The result? An organic, cloud-like appearance where the center is dramatically darker (15% transparency - where crossovers and price action occur), while edges fade gracefully (75% transparency). Think of it as a visual "heat map" of trend strength.
Dynamic Momentum Intelligence
Most MA clouds only show structure (which MA is on top). This indicator shows momentum strength in real-time through four intelligent states:
- 🟢 Bright Green = Explosive bullish momentum (both MAs rising strongly)
- 🔵 Blue = Weakening bullish (structure intact, but momentum fading)
- 🟠 Orange = Caution zone (bearish structure forming, weak momentum)
- 🔴 Deep Red = Strong bearish momentum (both MAs falling)
The cloud literally tells you when trends are accelerating or losing steam.
Conditional Performance Architecture
Every calculation is optimized for speed. Disable a feature? It stops calculating entirely—not just hidden, but not computed . The 26-layer gradient only renders when enabled. Toggle signals off? Those crossover checks don't run. This makes it one of the most efficient cloud indicators available, even with its advanced visual system.
Zero Repaint Guarantee
All signals and momentum states are based on confirmed bar data only . What you see in historical data is exactly what you would have seen trading live. No lookahead bias. No repainting tricks. No signals that "magically" appear perfect in hindsight. If a signal shows in history, it would have triggered in real-time at that exact moment.
Educational by Design
Every single input includes comprehensive tooltips with:
- Clear explanations of what each parameter does
- Practical examples of when to use different settings
- Recommended configurations for scalping, day trading, and swing trading
- Real-world trading impact ("This affects entry timing" vs "This is visual only")
You're not just getting an indicator—you're learning how to use it effectively .
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THE GRADIENT CLOUD - TECHNICAL DETAILS
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Architecture:
26 precision layers for silk-smooth transitions
Exponential density curve - layers packed tightly near center (where crossovers happen), spread wider at edges
75%-15% transparency range - center is highly opaque (15%), edges fade gracefully (75%)
V-Gradient design - emphasizes the action zone between Fast and Medium MAs
The Four Momentum States:
🟢 GREEN - Strong Bullish
Fast MA above Medium MA
Both MAs rising with momentum > 0.02%
Action: Enter/hold LONG positions, strong uptrend confirmed
🔵 BLUE - Weak Bullish
Fast MA above Medium MA
Weak or flat momentum
Action: Caution - bullish structure but losing strength, consider trailing stops
🟠 ORANGE - Weak Bearish
Medium MA above Fast MA
Weak or flat momentum
Action: Warning - bearish structure developing, consider exits
🔴 RED - Strong Bearish
Medium MA above Fast MA
Both MAs falling with momentum < -0.02%
Action: Enter/hold SHORT positions, strong downtrend confirmed
Smooth Transitions: The momentum score is smoothed using an 8-bar EMA to eliminate noise and prevent whipsaws. You see the true trend , not every minor fluctuation.
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FLEXIBLE MOVING AVERAGE SYSTEM
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Three Customizable MAs:
Fast MA (default: EMA 10) - Reacts quickly to price changes, defines short-term momentum
Medium MA (default: EMA 20) - Balances responsiveness with stability, core trend reference
Slow MA (default: SMA 200, optional) - Long-term trend filter, major support/resistance
Six MA Types Available:
EMA - Exponential; faster response, ideal for momentum and day trading
SMA - Simple; smooth and stable, best for swing trading and trend following
WMA - Weighted; middle ground between EMA and SMA
VWMA - Volume-weighted; reflects market participation, useful for liquid markets
RMA - Wilder's smoothing; used in RSI/ADX, excellent for trend filters
HMA - Hull; extremely responsive with minimal lag, aggressive option
Recommended Settings by Trading Style:
Scalping (1m-5m):
Fast: EMA(5-8)
Medium: EMA(10-15)
Slow: Not needed or EMA(50)
Day Trading (5m-1h):
Fast: EMA(10-12)
Medium: EMA(20-21)
Slow: SMA(200) for bias
Swing Trading (4h-1D):
Fast: EMA(10-20)
Medium: EMA(34-50)
Slow: SMA(200)
Pro Tip: Start with Fast < Medium < Slow lengths. The gradient works best when there's clear separation between Fast and Medium MAs.
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CROSSOVER SIGNALS - CLEAN & RELIABLE
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Golden Cross ⬆ LONG Signal
Fast MA crosses above Medium MA
Classic bullish reversal or trend continuation signal
Most reliable when accompanied by GREEN cloud (strong momentum)
Death Cross ⬇ SHORT Signal
Fast MA crosses below Medium MA
Classic bearish reversal or trend continuation signal
Most reliable when accompanied by RED cloud (strong momentum)
Signal Intelligence:
Anti-spam filter - Minimum 5 bars between signals prevents noise
Clean labels - Placed precisely at crossover points
Alert-ready - Built-in ALERTS for automated trading systems
No repainting - Signals based on confirmed bars only
Signal Quality Assessment:
High-Quality Entry:
Golden Cross + GREEN cloud + Price above both MAs
= Strong bullish setup ✓
Low-Quality Entry (skip or wait):
Golden Cross + ORANGE cloud + Choppy price action
= Weak bullish setup, likely whipsaw ✗
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REAL-TIME INFO PANEL
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An at-a-glance dashboard showing:
Trend Strength Indicator:
Visual display of current momentum state
Color-coded header matching cloud color
Instant recognition of market bias
MA Distance Table:
Shows percentage distance of price from each enabled MA:
Green rows : Price ABOVE MA (bullish)
Red rows : Price BELOW MA (bearish)
Gray rows : Price AT MA (rare, decision point)
Distance Interpretation:
+2% to +5%: Healthy uptrend
+5% to +10%: Getting extended, caution
+10%+: Overextended, expect pullback
-2% to -5%: Testing support
-5% to -10%: Oversold zone
-10%+: Deep correction or downtrend
Customization:
4 corner positions
5 font sizes (Tiny to Huge)
Toggle visibility on/off
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HOW TO USE - PRACTICAL TRADING GUIDE
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STRATEGY 1: Trend Following
Identify trend : Wait for GREEN (bullish) or RED (bearish) cloud
Enter on signal : Golden Cross in GREEN cloud = LONG, Death Cross in RED cloud = SHORT
Hold position : While cloud maintains color
Exit signals :
• Cloud turns ORANGE/BLUE = momentum weakening, tighten stops
• Opposite crossover = close position
• Cloud turns opposite color = full reversal
STRATEGY 2: Pullback Entries
Confirm trend : GREEN cloud established (bullish bias)
Wait for pullback : Price touches or crosses below Fast MA
Enter when : Price rebounds back above Fast MA with cloud still GREEN
Stop loss : Below Medium MA or recent swing low
Target : Previous high or when cloud weakens
STRATEGY 3: Momentum Confirmation
Your setup triggers : (e.g., chart pattern, support/resistance)
Check cloud color :
• GREEN = proceed with LONG
• RED = proceed with SHORT
• BLUE/ORANGE = skip or reduce size
Use gradient as confluence : Not as primary signal, but as momentum filter
Risk Management Tips:
Never enter against the cloud color (don't LONG in RED cloud)
Reduce position size during BLUE/ORANGE (transition periods)
Place stops beyond Medium MA for swing trades
Use Slow MA (200) as final trend filter - don't SHORT above it in uptrends
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PERFORMANCE & OPTIMIZATION
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Tested On:
Crypto: BTC, ETH, major altcoins
Stocks: SPY, AAPL, TSLA, QQQ
Forex: EUR/USD, GBP/USD, USD/JPY
Indices: S&P 500, NASDAQ, DJI
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TRANSPARENCY & RELIABILITY
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Educational Focus:
Detailed tooltips on every input
Clear documentation of methodology
Practical examples in descriptions
Teaches you why , not just what
Open Logic:
Momentum calculation: (Fast slope + Medium slope) / 2
Smoothing: 8-bar EMA to reduce noise
Thresholds: ±0.02% for strong momentum classification
Everything is transparent and explainable
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COMPLETE FEATURE LIST
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Visual Components:
26-layer exponential gradient cloud
3 customizable moving average lines
Golden Cross / Death Cross labels
Real-time info panel with trend strength
MA distance table
Calculation Features:
6 MA types (EMA, SMA, WMA, VWMA, RMA, HMA)
Momentum-based cloud coloring
Smoothed trend strength scoring
Conditional performance optimization
Customization Options:
All MA lengths adjustable
All colors customizable (when gradient disabled)
Panel position (4 corners)
Font sizes (5 options)
Toggle any feature on/off
Signal Features:
Anti-spam filter (configurable gap)
Clean, non-overlapping labels
Built-in alert conditions
No repainting guarantee
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IMPORTANT DISCLAIMERS
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This indicator is for educational and informational purposes only
Not financial advice - always do your own research
Past performance does not guarantee future results
Use proper risk management - never risk more than you can afford to lose
Test on paper/demo accounts before using with real money
Combine with other analysis methods - no single indicator is perfect
Works best in trending markets; less effective in choppy/sideways conditions
Signals may perform differently in different timeframes and market conditions
The indicator uses historical data for MA calculations - allow sufficient lookback period
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CREDITS & TECHNICAL INFO
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Version: 2.0
Release: October 2025
Special Thanks:
TradingView community for feedback and testing
Pine Script documentation for technical reference
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SUPPORT & UPDATES
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Found a bug? Comment below with:
Ticker symbol
Timeframe
Screenshot if possible
Steps to reproduce
Feature requests? I'm always looking to improve! Share your ideas in the comments.
Questions? Check the tooltips first (hover over any input) - most answers are there. If still stuck, ask in comments.
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Happy Trading!
Remember: The best indicator is the one you understand and use consistently. Take time to learn how the cloud behaves in different market conditions. Practice on paper before going live. Trade smart, manage risk, and may the trends be with you! 🚀
Momentum_EMABand📢 Reposting Notice
I am reposting this script because my earlier submission was hidden due to description requirements under TradingView’s House Rules. This updated version fully explains the originality, the reason for combining these indicators, and how they work together. Follow me for future updates and refinements.
🆕 Momentum EMA Band, Rule-Based System
Momentum EMA Band is not just a mashup — it is a purpose-built trading tool for intraday traders and scalpers that integrates three complementary technical concepts into a single rules-based breakout & retest framework.
Originality comes from the specific sequence and interaction of these three filters:
Supertrend → Sets directional bias.
EMA Band breakout with retest logic → Times precise entries.
ADX filter → Confirms momentum strength and avoids noise.
This system is designed to filter out weak setups and false breakouts that standalone indicators often fail to avoid.
🔧 How the Indicator Works — Combined Logic
1️⃣ EMA Price Band — Dynamic Zone Visualization
Plots upper & lower EMA bands (default: 9-period EMA).
Green Band → Price above upper EMA = bullish momentum
Red Band → Price below lower EMA = bearish pressure
Yellow Band → Price within band = neutral zone
Acts as a consolidation zone and breakout trigger level.
2️⃣ Supertrend Overlay — Reliable Trend Confirmation
ATR-based Supertrend adapts to volatility:
Green Line = Uptrend bias
Red Line = Downtrend bias
Ensures trades align with the prevailing trend.
3️⃣ ADX-Based No-Trade Zone — Choppy Market Filter
Manual ADX calculation (default: length 14).
If ADX < threshold (default: 20) and price is inside EMA Band → gray background marks low-momentum zones.
🧩 Why This Mashup Works
Supertrend confirms trend direction.
EMA Band breakout & retest validates the breakout’s strength.
ADX ensures the market has enough trend momentum.
When all align, entries are higher probability and whipsaws are reduced.
📈 Example Trade Walkthrough
Scenario: 5-minute chart, ADX threshold = 20.
Supertrend turns green → trend bias is bullish.
Price consolidates inside the yellow EMA Band.
ADX rises above 20 → trend momentum confirmed.
Price closes above the green EMA Band after retesting the band as support.
Entry triggered on candle close, stop below band, target based on risk-reward.
Exit when Supertrend flips red or ADX momentum drops.
This sequence prevents premature entries, keeps trades aligned with trend, and avoids ranging markets.
🎯 Key Features
✅ Multi-layered confirmation for precision trading
✅ Built-in no-trade zone filter
✅ Fully customizable parameters
✅ Clean visuals for quick decision-making
⚠ Disclaimer: This is Version 1. Educational purposes only. Always use with risk management.
Momentum ScopeOverview
Momentum Scope is a Pine Script™ v6 study that renders a –1 to +1 momentum heatmap across up to 32 lookback periods in its own pane. Using an Augmented Relative Momentum Index (ARMI) and color shading, it highlights where momentum strengthens, weakens, or stays flat over time—across any asset and timeframe.
Key Features
Full-Spectrum Momentum Map : Computes ARMI for 1–32 lookbacks, indexed from –1 (strong bearish) to +1 (strong bullish).
Flexible Scale Gradation : Choose Linear or Exponential spacing, with adjustable expansion ratio and maximum depth.
Trending Bias Control : Apply a contrast-style curve transform to emphasize trending vs. mean-reverting behavior.
Duotone & Tritone Palettes : Select between two vivid color styles, with user-definable hues for bearish, bullish, and neutral momentum.
Compact, Overlay-Free Display : Renders solely in its own pane—keeping your price chart clean.
Inputs & Customization
Scale Gradation : Linear or Exponential spacing of intervals
Scale Expansion : Ratio governing step-size between successive lookbacks
Scale Maximum : Maximum lookback period (and highest interval)
Trending Bias : Curve-transform bias to tilt the –1 … +1 grid
Color Style : Duotone or Tritone rendering modes
Reducing / Increasing / Neutral Colors : Pick your own hues for bearish, bullish, and flat zones
How to Use
Add to Chart : Apply “Momentum Scope” as a separate indicator.
Adjust Scale : For exponential spacing, switch your indicator Y-axis to Logarithmic .
Set Bias & Colors : Tweak Trending Bias and choose a palette that stands out on your layout.
Interpret the Heatmap :
Red tones = weakening/bearish momentum
Green tones = strengthening/bullish momentum
Neutral hues = indecision or flat momentum
Copyright © 2025 MVPMC. Licensed under MIT. For full license see opensource.org
Momentum Trend Bands (MTB)📌 What Is the Momentum Trend Bands (MTB) Indicator?
The Momentum Trend Bands (MTB) is a custom-built trend detection indicator that blends momentum and volatility into a dynamic, visual system. Its core goal is to help traders identify the beginning and strength of a trend earlier than traditional tools like moving averages, while filtering out market noise.
🧠 What Is It Built On?
The indicator is built on two foundational concepts:
1. Rate of Change (ROC): This measures the speed at which the price is moving. We use a fast and a slow version of ROC and then calculate their difference. This difference gives us a momentum signal — it shows whether the price is gaining upward or downward strength.
2. Standard Deviation (Volatility): This shows how much the price fluctuates. By calculating it over a certain period, we can measure market noise and filter out weak, insignificant moves that might otherwise cause false signals.
Together, momentum shows direction, and volatility shows confidence.
🛠️ How Does It Work?
• The core of the indicator is a smoothed momentum signal, representing the net difference between fast and slow momentum.
• Around this signal, we build upper and lower bands — these are dynamic boundaries that expand or contract based on volatility.
• When the momentum breaks above or below these bands, it signals a strong directional move — suggesting the start or continuation of a trend.
The bands also serve a visual filter:
• If momentum stays within the bands, it implies the market is consolidating or ranging.
• When it exits the bands decisively, it implies strength in that direction.
📈 How to Use It?
1. Trend Entry:
o When the momentum signal rises above the upper band, it suggests a strong bullish trend may be starting.
o When the signal drops below the lower band, it indicates a bearish trend.
2. Stay Out of Chop:
o If the signal moves sideways within the bands, it’s best to avoid trading — the market is likely consolidating or ranging.
3. Visual Confirmation:
o The background color changes with the trend: green for bullish, red for bearish, gray for neutral. This makes it quick to read visually.
4. Signal Arrows:
o Small up or down arrows appear when trends begin, serving as early entry points.
⚙️ What Kind of Market Does It Work Best In?
• Trending Markets: MTB shines in markets with strong directional movement — whether up or down. It's designed to pick up momentum early and hold through trend continuation.
• Volatile Instruments: The built-in volatility filter helps in markets like crypto or commodities where price action is fast and erratic.
• Avoid Flat or Low-Volume Conditions: In sideways markets, MTB may stay gray or flip often — these are not ideal times to trade using this indicator alone.
💎 Why Is It Unique?
Unlike many indicators that react slowly (like moving averages) or trigger too often (like raw momentum), MTB balances early detection with reliability. Its unique combination of:
• ROC difference for directional intent,
• Smoothing for signal clarity,
• Bands scaled by volatility for robustness,
…makes it stand apart from commonly available indicators on platforms like TradingView.
MACD-V with Volatility Normalisation [DCD]MACD-V with Volatility Normalisation
This indicator is a modified version of the traditional MACD, designed to account for market volatility by normalizing the MACD line using the Average True Range (ATR). It provides a more adaptive approach to identifying momentum shifts and potential trend reversals. This indicator was developed by Alex Spiroglou in this paper:
Spiroglou, Alex, MACD-V: Volatility Normalised Momentum (May 3, 2022).
Features:
Volatility Normalization: The MACD line is adjusted using ATR to standardize its values across different market conditions.
Customizable Parameters: Users can adjust the MACD fast length, slow length, signal line smoothing, and ATR length to suit their trading style.
Histogram Visualization: The histogram highlights the difference between the MACD and signal lines, with customizable colors for positive and negative momentum.
Crossover Signals: Green and red dots indicate bullish and bearish crossovers between the MACD and signal lines.
Background Highlighting: The chart background changes to green when the MACD is above 0 and red when it is below 0, providing a clear visual cue for bullish and bearish conditions.
Horizontal Levels: Dotted horizontal lines are plotted at key levels for better visualization of MACD values.
How to Use:
Look for crossovers between the MACD and signal lines to identify potential buy or sell signals.
Use the histogram to gauge the strength of momentum.
Pay attention to the background color for quick identification of bullish (green) or bearish (red) conditions.
This indicator is ideal for traders who want a more dynamic MACD that adapts to market volatility. Customize the settings to align with your trading strategy and timeframe.
Relative Directional Index (RDI)🔍 Overview
The Relative Directional Index (RDI) is a hybrid tool that fuses the Average Directional and the Relative Strength Indices (ADX and RSI) into a single, highly visual interface. While the former captures trend strength, the latter reveals momentum shifts and potential exhaustion. Together, they can confirm trend structure, anticipate reversals, and sharpen the timing entries and exits.
📌 Why Combine ADX with RSI?
Most indicators focus on either trend-following (like ADX) or momentum detection (like RSI)—but rarely both. Each comes with trade-offs:
- ADX alone confirms trend strength but ignores momentum.
- RSI alone signals overbought/oversold, but lacks trend context.
The RDI resolves this by integrating both, offering:
- Smarter filters for trend entries
- Early warnings of momentum breakdowns
- More confident signal validation
🧠 Design Note: Fibonacci Harmony
All default values—5, 13, 21—are Fibonacci numbers. This is intentional, as these values reflect the natural rhythm of market cycles, and promote harmonic calibration between price action and indicator logic.
🔥 Key Features
✅ ADX Histogram
- Green bars = trend gaining strength
- Red bars = trend weakening
- Adjustable transparency for visual tuning
✅ ADX Line (Orange)
- Measures trend strength over time
- Rising = accelerating trend
- Falling = trend may be fading
✅ RSI Line (Lemon Yellow)
- Captures momentum surges and slowdowns
- Above 50 = bullish control
- Below 50 = bearish pressure
✅ Trend Strength Squares
- Bright green = strong uptrend
- Bright red = strong downtrend
- Faded colors = range-bound or indecisive
✅ ADX/RSI Crossover Markers
- Yellow square = RSI crosses above ADX → momentum building
- Orange square = ADX crosses above RSI → trend still dominant
✅ Customizable Reference Lines
- Yellow (50) = strong trend threshold
- Red (30) = weak trend zone
- Green (70) = overextended, potential exhaustion
_______________________________________________________
🎯 How to Trade with the RDI
The RDI helps traders identify momentum-supported trends, catch early reversals, and avoid false signals during consolidation.
✅ Trend Confirmation Entries
🔼 Bullish → Enter long on pullbacks or resistance breakouts
- ADX rising above 30
- RSI above 50
- Green trend square visible
🔽 Bearish → Enter short on breakdowns or failed retests
- ADX rising
- RSI below 50
- Red trend square visible
🧯 Exit if RSI crosses back against trend direction or ADX flattens
🚨 Reversal Setups Using Divergence
📈 Bullish Divergence → Long entry after confirmation (e.g. engulfing bar, volume spike)
- Price prints lower low
- RSI prints higher low
- Green triangle
📉 Bearish Divergence → Short entry on breakdown
- Price prints higher high
- RSI prints lower high
- Red triangle
Tip: Stronger if ADX is declining (fading trend strength)
🔂 Breakout Detection via Cross Markers
- Yellow square = RSI > ADX → breakout brewing
- Orange square = ADX > RSI → trend continuation likely
⏸️ Avoid Choppy Markets
- RSI between 45–55
- Faded trend squares
- Flat ADX below 20–30
🧠 Pro Tips
- Combine RDI with VWAPs, moving averages and/or pitchforks
- Watch for alignment between trend and momentum
- Use divergence markers as confirmation, not stand-alone triggers
_______________________________________________________
⚠️ Hidden Divergence (Optional)
The RDI includes optional hidden divergence detection. These signals suggest trend continuation but are off by default. Use with discretion—best in established trends, not sideways markets.
🙈 Hidden Bullish
- Price prints higher low
- RSI prints lower low
🙈 Hidden Bearish
- Price prints lower high
- RSI prints higher high
Momentum Cycle Oscillator (MCO)1. Concept and Inspiration
The Momentum Cycle Oscillator (MCO) is a unique indicator designed to combine volatility and momentum into a unified tool for identifying market cycles. Traditional indicators often isolate either momentum (e.g., RSI) or volatility (e.g., Bollinger Bands), but the MCO bridges the gap by synthesizing these dimensions into one oscillating signal. By measuring price acceleration (momentum) and range consistency (volatility), the MCO aims to detect when a price cycle is shifting from contraction to expansion or vice versa, signaling potential trend reversals or continuations. Its zero-centered design provides a clear demarcation between bullish and bearish cycles.
2. Mathematical Structure
The MCO is built on two foundational components: the volatility factor and the momentum factor. The volatility factor quantifies the price range over a defined period, highlighting market consistency and expansion. Meanwhile, the momentum factor assesses the rate of change in smoothed closing prices, revealing directional acceleration. These two factors are multiplied to create the raw MCO value, which is further smoothed to reduce noise and improve readability. The resulting oscillator fluctuates around zero, with positive values indicating upward cycles and negative values signaling downward cycles.
3. Practical Applications
The MCO excels in identifying cycle turning points, where the market transitions from a bearish phase to a bullish phase or vice versa. Traders can use the zero line as a reference: a crossover from below to above zero suggests a potential buy signal, while a crossover from above to below zero indicates a sell signal. The MCO’s unique blend of volatility and momentum also helps detect shifts in trend strength, making it valuable in both trending and ranging markets. Its histogram visualization further aids traders by emphasizing the magnitude and direction of market momentum.
4. Innovative Features
What sets the MCO apart is its ability to adapt dynamically to market conditions. By fusing two dimensions of market behavior—volatility and momentum—it provides a holistic view of price action. Unlike traditional indicators that rely heavily on recursion (e.g., EMA), the MCO’s straightforward calculation reduces lag, ensuring timely signals. Furthermore, its use of normalized components allows it to function effectively across diverse assets and timeframes without extensive parameter tuning. This makes it particularly versatile for both intraday traders and long-term investors.
5. Limitations and Potential
While the MCO is robust, it is not immune to challenges. In highly choppy or low-volume markets, the indicator may generate false signals, as volatility and momentum can be erratic. Additionally, its performance depends on proper parameter calibration, with periods requiring adjustment to align with the asset’s behavior. However, its creative approach to combining volatility and momentum offers immense potential for refinement and customization. With proper backtesting and optimization, the MCO could become a staple tool for traders seeking a comprehensive yet simple way to interpret market cycles.
RSI Slope Filtered Signals [UAlgo]The "RSI Slope Filtered Signals " is a technical analysis tool designed to enhance the accuracy of RSI (Relative Strength Index) signals by incorporating slope analysis. This indicator not only considers the RSI value but also analyzes the slope of the RSI over a specified number of bars, providing a more refined signal that accounts for the momentum and trend strength. By utilizing both positive and negative slope arrays, the indicator dynamically adjusts its thresholds, ensuring that signals are responsive to changing market conditions. This tool is particularly useful for traders looking to identify overbought and oversold conditions with a higher degree of precision, filtering out noise and providing clear visual cues for potential market reversals.
🔶 Key Features
Dynamic Slope Analysis: Measures the slope of RSI over a customizable number of bars, offering insights into the momentum and trend direction.
Adaptive Thresholds: Uses historical slope data to calculate dynamic thresholds, adjusting signal sensitivity based on market conditions.
Normalized Slope Calculation: Normalizes the slope values to provide a consistent measure across different market conditions, making the indicator more versatile.
Clear Signal Visualization: The indicator plots both positive and negative normalized slopes with color gradients, visually representing the strength of the trend.
Overbought and Oversold Signals: Plots overbought and oversold signals directly on the chart when the calculated value reaches the user-specified threshold, helping traders identify potential reversal points.
Customizable Settings: Allows users to adjust the RSI length, slope measurement bars, and lookback periods, providing flexibility to tailor the indicator to different trading strategies.
🔶 Interpreting the Indicator
The "RSI Slope Filtered Signals " indicator is designed to be easy to interpret. Here's how you can use it:
Normalized Slope: The indicator plots the normalized slope of the RSI, with values above zero indicating positive momentum and values below zero indicating negative momentum. A higher positive slope suggests a strong upward trend, while a deeper negative slope indicates a strong downward trend.
Reversal Signals: The indicator plots several horizontal lines at different thresholds (+3, +2, +1, 0, -1, -2, -3). These levels are used to gauge the strength of the momentum based on the normalized slope. For example, a normalized slope crossing above the +2 threshold may indicate a strong bullish trend, while crossing below the -2 threshold may suggest a strong bearish trend. These thresholds help in understanding the intensity of the current trend and provide context for interpreting the indicator's signals.
This indicator generates overbought and oversold signals not solely based on the RSI entering extreme levels (above 70 for overbought and below 30 for oversold), but also by considering the behavior of the normalized slope relative to specific thresholds. Specifically, the Overbought Signal (🔽) is triggered when the RSI is above 70 and the normalized slope from the previous bar is greater than or equal to the upper threshold, with the current slope being lower than the previous slope, indicating a potential bearish reversal as momentum may be slowing down.
Similarly, the Oversold Signal (🔼) is generated when the RSI is below 30 and the normalized slope from the previous bar is less than or equal to the lower threshold, with the current slope being higher than the previous slope, signaling a potential bullish reversal as the downward momentum may be weakening.
Area Plots: The indicator also plots the positive and negative slopes as filled areas, providing a quick visual cue for the strength and direction of the trend. Green areas represent positive slopes (upward momentum), while red areas represent negative slopes (downward momentum).
By combining these elements, the "RSI Slope Filtered Signals " provides a comprehensive view of the market's momentum, helping traders make more informed decisions by filtering out false signals and focusing on the significant trends.
🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (UAlgo) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
Trade Scanner Pro [MarketSignalsPro]
█ OVERVIEW
Trade Scanner Pro is a trade signal generator based on my trend following momentum reversal system. It identifies a pullback and then confirms momentum exhaustion which produces a signal appearing as a set of suggested orders (horizontal lines) on the chart. The goal is to help traders capitalize on price momentum while simplifying decision making and offering a way to gauge expectations. It can be used for any market, any time frame and configured for counter trend signals also.
█ CONCEPT
While markets are highly random, especially on smaller time frames, trends do exist.
Trade Scanner Pro offers a visually structured way to align the user
with price momentum that is relevant to the trend. It accomplishes this by incorporating a unique mix of standard technical formulas to identify a pullback followed by a momentum reversal. The process occurs in 3 steps:
1 — Identifying the trend of the current time frame.
2 — Evaluating the retrace in terms of how far it moves away from the typical price.
3 — Confirming price exhaustion by recognizing a reversal in price momentum.
Once the criteria are met, a signal appears as a blue horizontal line. This is the entry price suggestion (see label). Stop and take profit orders are also calculated simultaneously. These appear as a red line and green line respectively with price labels. The stop and take profit orders are based upon an average of previous price ranges and will be relative to the price action on the chosen time frame. The initial reward/risk ratio is set to 1.5:1, and can be changed in the settings menu.
This system can also be adjusted to cater to the experience level of the trader. For example, more advanced traders can select “counter trend” mode which will only show signals on the opposite side of the trend. A trailing stop can be activated to help stay in a trade after reaching the profit level. There is also a “heads up” mode which colors the candles orange which means a signal is more likely to appear over the next couple of candles. More on these features in the next section.
For best results, time frames of 1 minute and above should be considered. The smaller the time frame, the more signals, but also more noise and stop outs. Knowing your
market and the most active time of day is especially important for smaller time frames.
█ FEATURES
The following features can be found in the settings menu of Trade Scanner Pro.
Show Trend:
The initial setting is “on”. This shows the trend label on the upper right corner of the screen. Trend can be either bullish or bearish. At times there will be a “conflict” label that appears below the trend label. Conflict means the trend MAY be in the process of changing. This occurs when price persists against the prevailing trend for a prolonged amount of time.
Counter Trend:
When selected will ignore signals on the side of the trend and show counter trend signals only. If the “heads up” feature is selected, orange candles will only appear for potential counter trend signals.
Trailing Stop:
When selected, a trailing stop order suggestion (orange line) will appear beginning from the stop loss price (red line) after a few closed candles. The trailing stop line will follow the price upon each new close of the candles until it is touched. This serves as a point of reference to capture larger market movements and skew reward/risk favorably over time.
Heads Up:
When selected will paint orange candles when there is a greater chance a signal will appear. For example, in trend mode it will only evaluate signals on the side of the trend. In counter trend mode it will evaluate counter trend signals only. For advanced users, this “pre signal” can offer potential opportunities to enter a trade before the signal appears.
Reward Ratio:
This is the reward part of the reward/risk formula used to establish the take profit suggestion on the chart. Initially it is set at 1.5 which produces a line on the chart at a 1.5:1 ratio. The user can change this setting to better align with their expectations. For example, if a larger market movement is anticipated, 2 can be entered into the input field and will generate a take profit line 2X farther than the stop loss line (2:1 reward/risk).
█ LIMITATIONS
Markets are HIGHLY random, especially on smaller time frames. No system that is based on public domain formulas can be expected to be HIGHLY accurate. It is reasonable to expect a 50% win rate more often than not. Profitability in such systems depends on the reward/risk rather than win rate.
This is a system based on price momentum which means MOMENTUM must be present for best results especially on very short time frames.
While this system helps to reduce the burden of analysis, the user should have some basic familiarity with technical analysis. Basic knowledge can help to better determine a quality signal over noise.
█ RAMBLINGS
The stop loss orders MUST be respected otherwise the user puts their entire account at risk. Signals can appear at price locations where larger magnitude risk is extremely high. Respecting the stop loss suggestions can help to mitigate this risk.
For best results set up notifications to receive a message on your desktop, smart phone or tablet rather than sitting in front of a computer screen waiting for a signal to appear. Keep in mind a 1 minute chart in a single market can produce 5 or 6 signals throughout the entire daily session and NOT all will be profitable. A 1 hour time frame may produce 1 or 2 throughout the day. The larger the time frame the lower frequency of signals.
█ THANKS
Special thanks to Cryptosnagger for
helping me translate my concept into a pine script reality.
Momentum Madness (AKA: Moms Mad)The "Momentum Madness" indicator is a customizable technical analysis tool designed for TradingView. It aims to help traders assess price momentum and make informed trading decisions. Below is a description of how this indicator works:
Indicator Title and Settings:
The indicator is titled "Momentum Madness" with a short title "Moms Mad."
Users can customize various settings to tailor the indicator to their preferences.
Input Parameters:
Traders can set the lengths (periods) for four different momentum calculations (len1, len2, len3, len4).
They can specify a lookback period for trend direction determination.
Users can choose from three smoothing types (RMA, SMA, EMA) and set the smoothing length (smoothLength).
The indicator offers options to adjust momentum calculations based on volume (useVolumeWeight), RSI (useRSIAdjustment), and MACD (useMACDAdjustment).
If the trend filter is enabled (useTrendFilter), the indicator considers whether the price is above the 200-period SMA.
Traders can incorporate Bollinger Bands adjustments (useBBAdjustment) and set the Bollinger Bands length (bbLength).
A volatility adjustment can be applied (useVolatilityAdjustment), using the Average True Range (ATR) with a specified length (atrLength).
Smoothing Function:
The indicator offers three smoothing options: RMA, SMA, and EMA, allowing users to select their preferred method for smoothing price data.
Momentum Calculations:
The indicator calculates four different momentum values (mom1, mom2, mom3, mom4) by subtracting the current price from historical prices based on the specified lengths.
Enhancement Features:
Users can enhance momentum calculations through volume weighting, RSI adjustment, MACD adjustment, trend filtering, Bollinger Bands adjustment, and volatility adjustment, depending on their preferences.
Trend Direction Detection:
The indicator identifies the trend direction based on the comparison of the current momentum (mom4Smooth) with a momentum value from a specified lookback period. It determines whether the trend is bullish (green), bearish (red), or neutral (no change).
Plots:
The indicator visualizes the four smoothed momentum values (mom1Smooth, mom2Smooth, mom3Smooth, mom4Smooth) as separate plots on the chart, each with its own customizable color.
A zero line is displayed for reference (yellow).
The average momentum (averageMomentumSmooth) is plotted and can be customized with its own color.
The "Momentum 4" plot dynamically changes color based on trend direction (green for bullish, red for bearish).
Fill:
The indicator fills the area between the "Momentum 4" plot and the zero line with a customizable color to highlight bullish or bearish momentum.
Look for crossover events by studying the chart and understanding what they all mean. Happy trading :)
Momentum RSIThis RSI is used to determine price Momentum and Overbought or Oversold Market conditions. When the RSI is between 50% and 70% price is considered to have upward momentum. When The RSI is between 50% and 30% price is considered to have downward momentum. When the RSI is between 40% and 60% price is considered to have no directional momentum and is considered to be in consolidation. When the RSI is above 70% price is to be considered Overbought. When the RSI is bellow 30% price is to be considered Oversold
EGX Monitor Dashboard By Biscuits_Trading_Solutionsلوحة مراقبة البورصة المصرية من Biscuits_Trading_Solutions
نظرة عامة:
لوحة مراقبة البورصة المصرية هي أداة تحليل فني شاملة مصممة لتوفير نظرة فورية وواضحة على صحة السوق. تجمع الأداة مؤشرات رئيسية مختارة بعناية لتناسب السوق المصري لتوفر عليك عبء إضافة عدد كبير من المؤشرات في وقت واحد على الشاشة - بما في ذلك متوسطات متحركة، MACD، RSI، ADX، ATR، وتحليل متقدم لحجم التداول (دلتا) - في جدول واحد وسهل القراءة على الرسم البياني. مثالية للمتداولين الذين يحتاجون لتقييم الاتجاه، الزخم، وديناميكيات الحجم في لمحة دون تشويش الشاشة.
English Version is below ⬇️⬇️
المميزات الرئيسية:
* لوحة متابعة للمتوسطات المتحركة: تتابع وتلون وضع السعر بالنسبة لـ 6 متوسطات متحركة رئيسية (200 بسيط، 100 بسيط/آسي، 50 بسيط، 20 آسي، 9 آسي).
* تحليل متقدم لـ MACD: تعرض قيمة هِستوجرام MACD، حالة التقاطع بين MACD وخط الإشارة، وتكشف عن انحرافات صعودية محتملة (Bullish Divergence).
* مقاييس الزخم: تتضمن قراءات RSI و ADX، مع تلوينها للإشارة إلى مناطق الشراء المفرط والبيع المفرط وقوة الاتجاه.
تحليل متطور للحجم:
*دلتا الحجم/السيولة (الفارق بين حجم الشراء وحجم البيع).
* الحجم مقارنة بمتوسطه المتحرك لـ 20 و 50 فترة (لمقارنته بفترة متوسطة 20 شمعة وطويلة 50 شمعة)
* دلتا الحجم مقارنة بمتوسطها المتحرك لـ 20 و 50 فترة لقياس ضغط البيع والشراء.
عرض مرئي نظيف : جميع البيانات معروضة في جدول شبه شفاف يمكن وضعه في أي مكان على الرسم البياني. يتم أيضًا رسم المتوسطات المتحركة بخفة للاستدلال البصري.
مدخلات قابلة للتخصيص : جميع أطوال المؤشرات، المضاعفات، وموضع الجدول قابلة للتعديل كليًا من الإعدادات.
إزاحة الشمعة : تسمح لك بمشاهدة قراءات المؤشر من عدد محدد من الشمعات السابقة، مما يفيد في تحليل الظروف السابقة.
طريقة الاستخدام:
* تقييم الاتجاه: انظر إلى جدول المتوسطات المتحركة. وجود عدة خلايا خضراء (السعر فوق المتوسط) يشير إلى اتجاه صاعد قوي، بينما يشير اللون الأحمر إلى اتجاه هابط.
* تأكيد الزخم: تحقق من مؤشر RSI (شراء مفرط >70، بيع مفرط <30) و ADX (اتجاه قوي >25) لفهم سياق الزخم.
*تأكيد الحجم: استخدم أعمدة الحجم لتأكيد الحركات. حركة السعر المصحوبة بحجم "أعلى من المتوسط" ودلتا "صعودي" تكون أكثر أهمية.
إشارات الدخول/الخروج:
* انحراف MACD الصعودي يمكن أن يشير إلى انعكاس محتمل.
* وجود "نعم" لـ "MACD > Sig" يؤكد الزخم الصعودي.
* قيم ATR المرتفعة تشير إلى زيادة التقلب، وغالبًا ما ترافق الاتجاهات القوية أو اختراقات المستويات.
الإعدادات:
ما عليك سوى إضافة المؤشر إلى الرسم البياني الخاص بك. ستظهر اللوحة تلقائيًا. يمكنك ضبط جميع المعاملات (أطوال المتوسطات المتحركة، إعدادات الحجم، مكان الجدول) في تبويب "الإدخالات" في نافذة المؤشر لتناسب أسلوب تداولك.
إخلاء مسؤولية: جميع الإشارات التي تظهر ليست دعوة للبيع والشراء، هذا المحتوى تعليمي يساعدك على قراءة الشاشة بشكل أفضل، وقرارك الاستثماري يعود لك وحدك.
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EGX Monitor Dashboard By Biscuits_Trading_Solutions
Overview :
The EGX Monitor Dashboard is a comprehensive technical analysis tool designed to provide a clear and immediate overview of the market's health. It consolidates key indicators, carefully selected for the Egyptian market, saving you the burden of adding a large number of indicators to your screen at once —including moving averages, MACD, RSI, ADX, ATR, and advanced volume delta analysis—into a single, easy-to-read table on your chart. Perfect for traders who need to assess trend, momentum, and volume dynamics at a glance without cluttering their screen.
Key Features :
* Moving Average Dashboard: Tracks and color-codes the price position relative to 6 key moving averages (200 SMA, 100 SMA/EMA, 50 SMA, 20 EMA, 9 EMA).
* Advanced MACD Analysis: Displays the MACD histogram value, the MACD vs. Signal line crossover state, and detects potential bullish divergences.
* Momentum Gauges: Includes RSI and ADX readings, color-coded for overbought/oversold and trend strength conditions.
Advanced Volume/Liquidity Analysis:
* Volume Delta (the difference between buying and selling volume).
* Volume compared to its 20 and 50-period moving averages (for medium-term 20-bar and long-term 50-bar comparisons).
* Volume Delta compared to its 20 and 50-period moving averages to measure buying/selling pressure.
Clean Visualization: All data is presented in a semi-transparent table that can be positioned anywhere on the chart. The moving averages are also plotted lightly for visual reference.
Customizable Inputs: All indicator lengths, multipliers, and the table position are fully adjustable in the settings.
Bar Offset: Allows you to view the indicator readings from a specific number of bars back, useful for analyzing past conditions.
How to Use:
* Trend Assessment: Look at the MA table. A cluster of green "Bullish" cells (price above MA) indicates a strong uptrend, while red indicates a downtrend.
* Momentum Confirmation: Check the RSI (overbought >70, oversold <30) and ADX (strong trend >25) for momentum context.
* Volume Confirmation: Use the volume columns to confirm moves. A price move with "Above Avg" volume and "Bullish" Delta is more significant.
Entry/Exit Clues:
* A "Bullish" MACD divergence can signal a potential reversal.
* A "Yes" for "MACD > Sig" confirms bullish momentum.
* High ATR values indicate increased volatility, often accompanying strong trends or breakouts.
Configuration:
Simply add the indicator to your chart. The dashboard will appear automatically. You can adjust all parameters (MA lengths, volume settings, table position) in the indicator's "Inputs" tab to suit your trading style.
Disclaimer: All signals that appear are not an invitation to buy or sell. This content is educational and is intended to help you read the screen better. Your investment decision is yours alone.
Algorithmic Value Oscillator [CRYPTIK1]Algorithmic Value Oscillator
Introduction: What is the AVO? Welcome to the Algorithmic Value Oscillator (AVO), a powerful, modern momentum indicator that reframes the classic "overbought" and "oversold" concept. Instead of relying on a fixed lookback period like a standard RSI, the AVO measures the current price relative to a significant, higher-timeframe Value Zone .
This gives you a more contextual and structural understanding of price. The core question it answers is not just "Is the price moving up or down quickly?" but rather, " Where is the current price in relation to its recently established area of value? "
This allows traders to identify true "premium" (overbought) and "discount" (oversold) levels with greater accuracy, all presented with a clean, futuristic aesthetic designed for the modern trader.
The Core Concept: Price vs. Value The market is constantly trying to find equilibrium. The AVO is built on the principle that the high and low of a significant prior period (like the previous day or week) create a powerful area of perceived value.
The Value Zone: The range between the high and low of the selected higher timeframe.
Premium Territory (Distribution Zone): When the oscillator moves into the glowing pink/purple zone above +100, it is trading at a premium.
Discount Territory (Accumulation Zone): When the oscillator moves into the glowing teal/blue zone below -100, it is trading at a discount.
Key Features
1. Glowing Gradient Oscillator: The main oscillator line is a dynamic visual guide to momentum.
The line changes color smoothly from light blue to neon teal as bullish momentum increases.
It shifts from hot pink to bright purple as bearish momentum increases.
Multiple transparent layers create a professional "glow" effect, making the trend easy to see at a glance.
2. Dynamic Volatility Histogram: This histogram at the bottom of the indicator is a custom volatility meter. It has been engineered to be adaptive, ensuring that the visual differences between high and low volatility are always clear and dramatic, no matter your zoom level. It uses a multi-color gradient to visualize the intensity of market volatility.
3. Volatility Regime Dashboard: This simple on-screen table analyzes the histogram and provides a clear, one-word summary of the current market state: Compressing, Stable, or Expanding.
How to Use the AVO: Trading Strategies
1. Reversion Trading This is the most direct way to use the indicator.
Look for Buys: When the AVO line drops into the teal "Accumulation Zone" (below -100), the price is trading at a discount. Watch for the oscillator to form a bottom and start turning up as a signal that buying pressure is returning.
Look for Sells: When the AVO line moves into the pink "Distribution Zone" (above +100), the price is trading at a premium. Watch for the oscillator to form a peak and start turning down as a signal that selling pressure is increasing.
2. Best Practices & Settings
Timeframe Synergy: The AVO is most effective when your chart timeframe is lower than your selected "Value Zone Source." For example, if you trade on the 1-hour chart, set your Value Zone to "Previous Day."
Confirmation is Key: This indicator provides powerful context, but it should not be used in isolation. Always combine its readings with your primary analysis, such as market structure and support/resistance levels.
Rainbow Trend [Mc]1. Momentum-Based Foundation
This indicator measures the velocity and strength of price changes.
Rising momentum indicates that price movement (upward or downward) has strength behind it.
When momentum weakens or reverses, it often signals a potential trend reversal.
2. Long-Term Time Frame
Unlike traditional indicators like RSI or Stochastic, which use shorter lookback periods (e.g., 14 days), this indicator uses a much longer period, such as 50 to 200 days.
This extended range helps smooth out volatility and provides a clearer view of the primary trend.
3. Multicolored Gradient Lines
The indicator displays multi-layered colored curves, often with a rainbow-like gradient.
Red or pink areas indicate strong selling pressure or peak momentum in an uptrend.
Green or bright green dots often suggest recovery or bottoming momentum.
Orange or yellow colors indicate neutral or transition zones, awaiting trend confirmation.
4. Horizontal Levels (Overbought/Oversold Zones)
The chart includes reference levels such as +160, 0, -40, and -120 (as shown in the image).
These levels help identify when momentum is reaching overbought or oversold conditions.
Reversals often begin near the upper or lower extremes of these zones.
5. Reversal Signal Markers
Red dots at the top indicate extreme bullish momentum and potential topping zones.
Green dots at the bottom suggest oversold conditions and potential bullish reversals.
