Artharjan Momentum and Trend Strength Indicator

Artharjan Momentum and Trend Strength Indicator (AMTSI)

by Rrahul Desai Artharjan

📌 Overview

The Artharjan Momentum and Trend Strength Indicator (AMTSI) is a comprehensive market analysis tool designed to evaluate momentum, trend strength, and price/volume dynamics across indices and their constituent stocks.
It combines RSI, TSI, ADX, and Stochastics along with price % change, volume % change, and candlestick patterns to provide traders with a multi-dimensional view of market strength.

Unlike traditional single-metric indicators, AMTSI brings together multiple momentum and trend filters into a sortable, interactive table format, helping traders quickly identify strong/weak stocks within sectors or indices.

⚙️ Key Features
🔹 Multi-Index & Stock Coverage

Works across major NSE indices such as NIFTY, BankNIFTY, FINNIFTY, IT, Auto, Pharma, FMCG, Energy, etc.

Covers both index-level and stock-level momentum readings.

Supports Nifty Next 50, MidCap Select, PSU Banks, Consumption, Realty, Defence, Tourism, Manufacturing, Digital, Oil & Gas, Healthcare and more.

🔹 Customizable Table Display

Select table position (top-left, top-right, center, etc.).

Adjustable text size for better readability.

Debug mode for developers/traders who want to validate calculations.

🔹 Sorting & Ranking

Sort stocks by:

LTP % Change

Volume % Change

ADX strength

Stochastics

RSI

TSI (True Strength Index)

Choose Ascending or Descending order.

🔹 Momentum Indicators

RSI (Relative Strength Index)

Configurable lookback period.

Overbought/Oversold levels.

TSI (True Strength Index)

Dual lookback (short-term & long-term).

OB/OS thresholds for clear signals.

ADX (Average Directional Index)

Customizable period and smoothing.

Threshold for defining trending vs ranging markets.

Stochastics Oscillator

Adjustable %K and %D settings.

OB/OS levels for momentum shifts.

🔹 Price & Volume Filters

Price % Change Threshold → Detects stocks with strong moves.

Volume % Change Threshold → Highlights unusual trading activity.

🔹 Candlestick Pattern Detection

Hammer candle length filter.

Engulfing pattern strength with configurable threshold.

Option to plot engulfing strength visually on chart.

📊 Use Cases

Index Component Analysis

Quickly identify which stocks are driving an index move.

Spot underperformers/laggards within sectors.

Momentum Trading

Find stocks breaking out with high RSI, TSI, or ADX readings.

Detect reversals when Stochastics or RSI reach OS/OB zones.

Volume-Price Confirmation

Filter moves supported by strong volume expansion.

Avoid false breakouts with weak volume.

Swing & Intraday Strategies

Use table sorting to scan for best candidates.

Combine candlestick patterns with momentum for precise entries.

Sector Rotation Tracking

Monitor flows across indices (e.g., IT vs Pharma vs Banks).

Helps in thematic trading and portfolio rebalancing.

🎯 Trader’s Advantage

One-stop dashboard for momentum & trend signals.

Works for scalping, intraday, swing, and positional setups.

Helps traders save time on scanning by providing all signals in a structured format.

Supports both price action traders and indicator-based system traders.

✅ Closing Note

The AMTSI is designed with a simple mission:
👉 To make trend strength, momentum, and sector/stock rotation analysis intuitive, fast, and reliable for traders.

With Thanks,
Rrahul Desai
Artharjan