Multi-Timeframe Bullish Momentum Screener

16 Tem

Monthly MACD is rising and above zero
Weekly BB is either:
Challenged (price near upper band), or
Price is in upper half (above mid-band)
Daily BB is challenged (price near upper band)
Daily MACD (5,13,26) gives positive crossover
RSI > 50 in both daily and weekly
Price above 50 EMA on daily
ADX > 15, or rising from 12, and +DI > -DI

How to Use:
Apply this script to a daily chart
Flip through your watchlist
Watch for the green “Match” label when all conditions are met

16 Tem

Sürüm Notları

// This script is a Multi-Timeframe Bullish Momentum Screener designed for use on the Daily Chart.
// It combines momentum and trend-following signals from Monthly, Weekly, and Daily timeframes to identify high-probability bullish setups.
//
// ✅ CONDITIONS CHECKED:
// - Monthly: MACD is rising and above zero (long-term momentum)
// - Weekly: Either price is near the upper Bollinger Band or in the upper half of the band
// - Daily:
// • Price is challenging the upper Bollinger Band
// • MACD (5,13,26) gives a positive crossover
// • Stochastic %K crosses above %D (bullish PCO)
// • RSI > 50 (indicates strength)
// • Price is above 50 EMA (trend confirmation)
// • ADX > 15 or rising from 12, and +DI > -DI (strong directional trend)
//
// When all conditions are met, a green label “Match” is plotted below the candle.
// Alerts can be set when a match occurs to monitor bullish opportunities across your watchlist.

16 Tem

Sürüm Notları

Monthly MACD is rising and above zero
Weekly BB is either:
Challenged (price near upper band), or
Price is in upper half (above mid-band)
Daily BB is challenged (price near upper band)
Daily MACD (5,13,26) gives positive crossover
RSI > 50 in both daily and weekly
Price above 50 EMA on daily
ADX > 15, or rising from 12, and +DI > -DI

How to Use:
Apply this script to a daily chart
Flip through your watchlist
Watch for the green “Match” label when all conditions are met