Adaptive Momentum Oscillator(AMO)Here is a new experimental indicator that we've been developing that is focused on gauging momentum.
The indicator fluctuates above and below zero, but instead of using zero as the threshold for differentiating positive and negative momentum, it uses an 89 period median(plotted as the thick white line).
The momentum over the previous 10 periods is then calculated and then smoothed using a 6 period Exponential Moving Average (EMA). This, as well as the choice to use a median as the central divider were done to eliminate the whipsaws that are often generated when making strategies based on pure momentum and crossings above/below 0. The EMA alternates between lime green when it is above the median and pink when it is below. The area between the EMA and median is filled in green when EMA > median and pink when the EMA is less than the median.
Then, a 29 period Simple Moving Average of momentum is calculated. Here, going with a SMA over EMA and a longer window(29) seemed to make sense as it is counteracts the high responsiveness of the EMA. The SMA is green when greater than the median and red when less than the median.
There's two ways to trade using this system. One way would be to go long when the momentum EMA crosses over the white median line and turns lime green, then short when it crosses back under the median line and turns white. Another option is to go long under the same conditions, but short when both the EMA and SMA are above the median and the EMA crosses under the SMA.
Not sure if this exact configuration has already been created by someone, but it'll be interesting to see how it holds up with more backtesting and then running it fully automated.
-Strategy version coming soon-
Komut dosyalarını "momentum" için ara
FREE INDICATOR: VOLUME MOMENTUMFor the momentum trader there are plenty of price momentum indicators, here's one that tracks the volume's momentum. Rising momentum in both price and volume is great for any momentum trader.
Add this to your chart, play with the settings, and maybe you'll notice something new!
Grab the source code here: pastebin.com
Installation video by @ChrisMoody here : vimeopro.com
·´¯`·.¸¸.·´¯`· Feel free to follow me to keep up with my latest scripts! ·´¯`·.¸¸.·´¯`·
·´¯`·.¸¸.·´¯`· PLEASE THUMB UP OR STAR IF YOU LIKE THIS INDICATOR! ·´¯`·.¸¸.·´¯`·
I'd like as many people as possible to get it :)
52SIGNAL RECIPE AMA Momentum Vector═══52SIGNAL RECIPE AMA Momentum Vector═══
◆ Overview
52SIGNAL RECIPE AMA Momentum Vector is an advanced technical indicator based on Adaptive Moving Average (AMA), integrating volume filtering and gradient zone visualization to provide comprehensive analysis of price trends and momentum.
It automatically adjusts to market conditions by calculating efficiency ratios, reducing noise while clearly capturing significant trends. The volume confirmation system helps traders identify high-probability entry and exit points with precision.
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◆ Key Features
• Adaptive Moving Average: Smart moving average that automatically adjusts based on market conditions
• Volume Filter Integration: Double-confirmation of important price movements through volume analysis
• Momentum Gradient Zones: Intuitive visualization of trend strength through color gradation
• Signal Confirmation System: Generation of high-reliability buy/sell signals by combining multiple factors
• Trend Direction Identification: Clear color distinction between bullish and bearish market conditions
• Automatic Adaptation: Intelligent design that self-adjusts to various market situations
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◆ Technical Foundation
■ AMA Calculation Principles
• Efficiency Ratio (ER): Measures how efficiently price moves in one direction
• Dynamic Smoothing Coefficient: Automatically adjusts faster or slower based on market conditions
• Adaptive Algorithm: Less sensitive during sideways markets, more responsive during trending markets
• Noise Reduction Function: Filters out meaningless price movements while capturing important signals
■ Momentum Vector Implementation
• Trend-Price Distance Calculation: Measures trend strength by the distance between AMA and current price
• Color Gradation: Visual system where color intensity changes proportionally to trend strength
• ATR-Based Adjustment: Automatically adjusts gradient zone width according to market volatility
• Directional Color Distinction: Intuitive display with blue/cyan for uptrends and red for downtrends
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◆ Practical Applications
■ Price Trend Interpretation
• Trend Direction Assessment:
▶ Price above AMA with blue gradation indicates ongoing bullish momentum
▶ Price below AMA with red gradation indicates ongoing bearish momentum
• Momentum Strength Verification:
▶ Deeper gradient colors mean stronger momentum and healthier trends
▶ Lighter gradient colors suggest weakening momentum and potential reversal
■ Trading Strategy Utilization
• Trend Following Strategy:
▶ Buy signal when price crosses above AMA with increased volume
▶ Sell signal when price crosses below AMA with increased volume
• Momentum Confirmation Trading:
▶ Deep gradation increases confidence in trend continuation for entry decisions
▶ Multiple consecutive candles staying on one side of AMA increases trend reliability
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◆ Advanced Configuration Options
■ Input Parameter Guide
• Fast Period (Default: 2)
▶ 1-2: Responds very quickly to price changes. Suitable for short-term trading.
▶ 3-5: Moderate response that reduces frequent signals.
▶ 6-10: Slower response but captures only more definitive trends.
• Slow Period (Default: 30)
▶ 20-25: AMA moves faster. Good for shorter timeframe trading.
▶ 26-35: Balanced speed suitable for most market conditions.
▶ 36-50: AMA moves slowly, smoothly following long-term trends.
• Efficiency Ratio Period (Default: 10)
▶ 5-8: Focuses more on recent price movements. Responds quickly to changes.
▶ 9-12: Balanced period suitable for most situations.
▶ 13-20: Considers longer-term price movements, ignoring temporary fluctuations.
• Volume Average Period (Default: 20)
▶ 10-15: Compares with the average volume of the last 10-15 days. More sensitive to changes.
▶ 16-25: Compares with the average volume of approximately the last month. Balanced setting.
▶ 26-50: Compares with long-term average volume, capturing only truly significant volume changes.
• Volume Threshold Multiplier (Default: 1.2)
▶ 1.0-1.1: Recognizes volume just 10% above average as valid.
▶ 1.2-1.5: Requires volume 20-50% higher than average (e.g., 1.2 means 120% of average).
▶ 1.6-2.0: Recognizes only very high volume at least 1.6 times (160%) above average.
■ Timeframe-Specific Recommended Settings
• Short Timeframes (5min-1hr):
Fast Period 2, Slow Period 20, Efficiency Ratio Period 8
→ Responds quickly to price changes, suitable for day trading.
• Medium Timeframes (4hr-daily):
Fast Period 2, Slow Period 30, Efficiency Ratio Period 10
→ Most balanced setting for general swing trading.
• Long Timeframes (daily-weekly):
Fast Period 2, Slow Period 40, Efficiency Ratio Period 14
→ Optimized for smoothly tracking longer trends.
■ Market-Specific Recommended Settings
• Stock Market:
Volume Threshold 1.2, Volume Average Period 20
→ Signal is valid when volume is 20% above average.
• Forex Market:
Volume Threshold 1.5, Efficiency Ratio Period 12
→ Forex requires higher volume to be meaningful and slightly longer efficiency measurement.
• Cryptocurrency Market:
Volume Threshold 1.3, Fast Period 2, Slow Period 25
→ Settings optimized for highly volatile cryptocurrencies.
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◆ Synergy with Other Indicators
• Moving Averages: Trend reliability increases when AMA and key moving averages point in the same direction
• RSI/Stochastic: Powerful reversal signals when AMA crossovers occur in overbought/oversold zones
• MACD: Signal probability greatly increases when MACD histogram direction changes coincide with AMA crossovers
• Bollinger Bands: Trend strength can be determined by AMA's position within Bollinger Bands
• Support/Resistance Levels: Success probability dramatically increases when AMA breakouts occur at key price levels
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◆ Conclusion
AMA Momentum Vector provides accurate price trend analysis by combining the advanced features of adaptive moving averages with momentum visualization technology.
It perfectly adapts to constantly changing market environments through its self-adjusting algorithm and generates highly reliable trading signals through its volume confirmation system.
Users can optimize the indicator for their trading style and market conditions with simple parameter adjustments, enabling effective trading decisions that comprehensively consider price direction, momentum strength, and volume confirmation.
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※ Disclaimer: Past performance does not guarantee future results. Always use appropriate risk management strategies.
═══52SIGNAL RECIPE AMA Momentum Vector═══
◆ 개요
52SIGNAL RECIPE AMA Momentum Vector는 적응형 이동평균(AMA)을 기반으로 한 고급 기술적 지표로, 볼륨 필터링과 그라데이션 존 시각화를 통합하여 가격 추세와 모멘텀을 종합적으로 분석합니다.
시장 효율성 비율을 자동으로 계산하여 시장 상황에 맞게 스스로 조정되며, 노이즈는 줄이고 중요한 추세는 선명하게 포착합니다. 또한 볼륨 확인 시스템을 통해 높은 확률의 매매 시점을 정확하게 식별할 수 있도록 도와줍니다.
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◆ 주요 특징
• 적응형 이동평균: 시장 상황에 따라 자동으로 조정되는 스마트한 이동평균선
• 볼륨 필터 통합: 중요한 가격 움직임을 볼륨으로 한번 더 확인
• 모멘텀 그라데이션 존: 색상 그라데이션으로 추세의 강도를 직관적으로 시각화
• 신호 확인 시스템: 여러 요소를 종합하여 신뢰도 높은 매수/매도 신호 생성
• 추세 방향 식별: 상승세와 하락세를 색상으로 명확하게 구분
• 자동 적응 기능: 다양한 시장 상황에 알아서 맞춰지는 지능형 설계
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◆ 기술적 기반
■ AMA 계산 원리
• 효율성 비율 (ER): 가격이 얼마나 효율적으로 한 방향으로 움직이는지 측정
• 동적 평활화 계수: 시장 상황에 따라 빠르거나 느리게 자동 조절되는 계수
• 적응형 알고리즘: 횡보장에서는 둔감하게, 추세장에서는 민감하게 반응
• 노이즈 감소 기능: 무의미한 가격 움직임은 걸러내고 중요한 신호만 포착
■ 모멘텀 벡터 구현
• 추세-가격 거리 계산: AMA와 현재 가격 사이의 거리로 추세 강도 측정
• 색상 그라데이션: 추세 강도에 비례하여 색상 농도가 변하는 시각화 시스템
• ATR 기반 조정: 시장 변동성에 맞춰 그라데이션 영역 너비 자동 조절
• 방향성 색상 구분: 상승세는 파란색/청록색, 하락세는 빨간색으로 직관적 표시
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◆ 실용적 응용
■ 가격 추세 해석
• 추세 방향 판단:
▶ 가격이 AMA 위에 있고 파란색 그라데이션이 보이면 상승 모멘텀 진행 중
▶ 가격이 AMA 아래에 있고 빨간색 그라데이션이 보이면 하락 모멘텀 진행 중
• 모멘텀 강도 확인:
▶ 그라데이션 색상이 진할수록 모멘텀이 강하고 추세가 건강함을 의미
▶ 그라데이션 색상이 옅을수록 모멘텀이 약해지고 있으며 반전 가능성 시사
■ 트레이딩 전략 활용
• 추세 추종 전략:
▶ 가격이 AMA를 상향 돌파하고 볼륨이 증가하면 매수 신호
▶ 가격이 AMA를 하향 돌파하고 볼륨이 증가하면 매도 신호
• 모멘텀 확인 트레이딩:
▶ 진한 그라데이션은 추세 지속 가능성이 높음을 의미하므로 진입 확신 강화
▶ 여러 캔들이 연속해서 AMA 한쪽에 머물면 추세의 신뢰도가 높아짐
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◆ 고급 설정 옵션
■ 인풋 파라미터 가이드
• 빠른 기간 (Fast Period) (기본값: 2)
▶ 1-2: 가격 변화에 매우 빠르게 반응합니다. 단기 거래에 적합합니다.
▶ 3-5: 적당히 반응하여 잦은 신호를 줄여줍니다.
▶ 6-10: 반응이 느리지만 더 확실한 추세만 포착합니다.
• 느린 기간 (Slow Period) (기본값: 30)
▶ 20-25: AMA가 더 빠르게 움직입니다. 짧은 시간 거래에 좋습니다.
▶ 26-35: 균형 잡힌 속도로 대부분의 시장 상황에 적합합니다.
▶ 36-50: AMA가 천천히 움직여 장기 추세를 부드럽게 따라갑니다.
• 효율성 비율 기간 (Efficiency Ratio Period) (기본값: 10)
▶ 5-8: 최근 가격 움직임에 더 집중합니다. 변화에 빠르게 반응합니다.
▶ 9-12: 균형 잡힌 기간으로 대부분의 상황에 적합합니다.
▶ 13-20: 더 긴 기간의 가격 움직임을 고려하여 일시적인 변동을 무시합니다.
• 볼륨 평균 기간 (Volume Average Period) (기본값: 20)
▶ 10-15: 최근 10-15일의 평균 볼륨과 비교합니다. 변화에 민감합니다.
▶ 16-25: 지난 약 한 달간의 평균 볼륨과 비교합니다. 균형 잡힌 설정입니다.
▶ 26-50: 장기 평균 볼륨과 비교하여 정말 큰 볼륨 변화만 포착합니다.
• 볼륨 임계값 승수 (Volume Threshold Multiplier) (기본값: 1.2)
▶ 1.0-1.1: 평균보다 약 10% 정도만 높아도 유효한 볼륨으로 인정합니다.
▶ 1.2-1.5: 평균보다 20~50% 높은 볼륨을 요구합니다(예: 1.2는 평균의 120%).
▶ 1.6-2.0: 평균의 최소 1.6배(160%) 이상 되는 매우 높은 볼륨만 인정합니다.
■ 타임프레임별 추천 설정
• 짧은 시간 차트 (5분-1시간):
빠른 기간 2, 느린 기간 20, 효율성 비율 기간 8
→ 가격 변화에 빠르게 반응하며 단타에 적합합니다.
• 중기 차트 (4시간-일봉):
빠른 기간 2, 느린 기간 30, 효율성 비율 기간 10
→ 일반적인 스윙 트레이딩에 가장 균형 잡힌 설정입니다.
• 장기 차트 (일봉-주봉):
빠른 기간 2, 느린 기간 40, 효율성 비율 기간 14
→ 더 긴 추세를 매끄럽게 추적하는 데 최적화되었습니다.
■ 시장별 추천 설정
• 주식 시장:
볼륨 임계값 1.2, 볼륨 평균 기간 20
→ 평균보다 20% 많은 볼륨이 있을 때 신호가 유효합니다.
• 외환 시장:
볼륨 임계값 1.5, 효율성 비율 기간 12
→ 외환은 볼륨이 더 높아야 의미가 있으며, 약간 더 긴 효율성 측정이 필요합니다.
• 암호화폐 시장:
볼륨 임계값 1.3, 빠른 기간 2, 느린 기간 25
→ 변동성이 큰 암호화폐에 최적화된 설정입니다.
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◆ 다른 지표와의 시너지
• 이동평균선: AMA와 주요 이동평균선이 같은 방향을 가리킬 때 추세 신뢰도 상승
• RSI/스토캐스틱: 과매수/과매도 구간에서 AMA 교차 발생 시 강력한 반전 신호
• MACD: MACD 히스토그램 방향 변화와 AMA 교차가 일치하면 신호 확률 대폭 증가
• 볼린저 밴드: AMA가 볼린저 밴드 내에서 어떤 위치에 있는지로 추세 강도 판단
• 지지/저항 레벨: 중요 가격대에서 AMA 돌파 시 성공 확률이 크게 증가
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◆ 결론
AMA Momentum Vector는 적응형 이동평균의 고급 기능과 모멘텀 시각화 기술을 결합하여 정확한 가격 추세 분석을 제공합니다.
자체 조정 알고리즘으로 시시각각 변하는 시장 환경에 완벽하게 적응하며, 볼륨 확인 시스템을 통해 신뢰도 높은 매매 신호를 생성합니다.
사용자는 간단한 파라미터 조정으로 자신의 거래 스타일과 시장 상황에 맞게 지표를 최적화할 수 있어, 가격 방향, 모멘텀 강도, 볼륨 확인을 종합적으로 고려한 효과적인 거래 결정을 내릴 수 있습니다.
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※ 면책 조항: 과거 성과가 미래 결과를 보장하지 않습니다. 항상 적절한 리스크 관리 전략을 사용하세요.
Momentum with ATR and Volatility [ST]Momentum with ATR and Volatility
Description in English:
This indicator combines price momentum with market volatility to identify entry and exit points in trades.
It utilizes the difference in closing prices (momentum) and the Average True Range (ATR) to measure volatility. Buy and sell signals are generated based on the combination of these two components.
Detailed Explanation:
Configuration:
Momentum Length: This input defines the period for calculating the momentum, which is the difference between the closing prices. The default value is 10.
ATR Length: This input defines the period for calculating the Average True Range (ATR), which measures market volatility. The default value is 14.
ATR Threshold: This input defines the threshold multiplier for the ATR to generate buy and sell signals. The default value is 3.5.
Momentum Calculation:
Momentum is calculated as the difference between the current closing price and the closing price momentum_length periods ago.
ATR Calculation:
The ATR is calculated based on the specified length and is used to measure market volatility.
Buy and Sell Signals:
Buy Signal: Generated when momentum is positive, the current close is higher than the previous close, and momentum is greater than ATR * threshold.
Sell Signal: Generated when momentum is negative, the current close is lower than the previous close, and momentum is less than -ATR * threshold.
Plotting:
Buy signals are plotted as green triangles below the bars.
Sell signals are plotted as red triangles above the bars.
Momentum and ATR thresholds are plotted in a separate panel below the main chart.
Momentum is plotted as a blue line.
The ATR threshold lines are plotted as solid orange lines.
Indicator Benefits:
Momentum Measurement: Helps traders gauge the momentum of price movements.
Volatility Measurement: Utilizes ATR to measure market volatility, providing a more comprehensive analysis.
Visual Cues: Provides clear visual signals for buy and sell points, aiding in making informed trading decisions.
Justification of Component Combination:
Combining momentum with ATR provides a more robust measure of potential entry and exit points by considering both price movement and market volatility.
How Components Work Together:
The script calculates momentum and ATR for the specified periods.
It generates buy and sell signals based on the conditions of momentum and ATR.
The signals and values are plotted on the chart to provide a visual representation, helping traders identify potential trading opportunities.
Título: Indicador de Momentum com ATR e Volatilidade
Descrição em Português:
Este indicador combina o momentum do preço com a volatilidade do mercado para identificar pontos de entrada e saída em operações.
Utiliza a diferença entre os preços de fechamento (momentum) e o Average True Range (ATR) para medir a volatilidade. Sinais de compra e venda são gerados com base na combinação desses dois componentes.
Explicação Detalhada:
Configuração:
Comprimento do Momentum: Este parâmetro define o período para calcular o momentum, que é a diferença entre os preços de fechamento. O valor padrão é 10.
Comprimento do ATR: Este parâmetro define o período para calcular o Average True Range (ATR), que mede a volatilidade do mercado. O valor padrão é 14.
Limite do ATR: Este parâmetro define o multiplicador de limite para o ATR para gerar sinais de compra e venda. O valor padrão é 3.5.
Cálculo do Momentum:
O momentum é calculado como a diferença entre o preço de fechamento atual e o preço de fechamento momentum_length períodos atrás.
Cálculo do ATR:
O ATR é calculado com base no comprimento especificado e é usado para medir a volatilidade do mercado.
Sinais de Compra e Venda:
Sinal de Compra: Gerado quando o momentum é positivo, o fechamento atual é maior que o fechamento anterior, e o momentum é maior que ATR * threshold.
Sinal de Venda: Gerado quando o momentum é negativo, o fechamento atual é menor que o fechamento anterior, e o momentum é menor que -ATR * threshold.
Plotagem:
Sinais de compra são plotados como triângulos verdes abaixo das barras.
Sinais de venda são plotados como triângulos vermelhos acima das barras.
O momentum e os limites do ATR são plotados em um painel separado abaixo do gráfico principal.
O momentum é plotado como uma linha azul.
As linhas de limite do ATR são plotadas como linhas laranjas sólidas.
Benefícios do Indicador:
Medição do Momentum: Ajuda os traders a avaliar o momentum dos movimentos de preços.
Medição da Volatilidade: Utiliza o ATR para medir a volatilidade do mercado, proporcionando uma análise mais abrangente.
Sinais Visuais: Fornece sinais visuais claros para pontos de compra e venda, auxiliando na tomada de decisões informadas.
Justificação da Combinação de Componentes:
Combinar o momentum com o ATR fornece uma medida mais robusta de potenciais pontos de entrada e saída ao considerar tanto o movimento dos preços quanto a volatilidade do mercado.
Como os Componentes Funcionam Juntos:
O script calcula o momentum e o ATR para os períodos especificados.
Gera sinais de compra e venda com base nas condições de momentum e ATR.
Os sinais e valores são plotados no gráfico para fornecer uma representação visual, ajudando os traders a identificar oportunidades de negociação potenciais.
Anit Momentum IndicatorAnit Momentum Indicator: A Powerful Trend Continuation Tool for Long-Only Strategies
The "Anit Momentum Indicator" (AMI) is a powerful technical analysis tool designed to assist traders in identifying potential trend continuation opportunities in the financial markets. Unlike traditional trend reversal indicators, AMI is specifically crafted for long-only strategies, making it an ideal tool for traders seeking to capture sustained uptrends.
Concepts and Functionality:
1. Momentum Calculation:
The Anit Momentum Indicator begins by calculating the momentum of the closing price over a specified period. Momentum represents the rate of price change, offering clues about the strength and direction of price movements during the chosen duration.
2. RSI for Trend Continuation:
The script then applies the RSI to the previously computed momentum values. The RSI is a well-known oscillator used to measure the speed and magnitude of price changes. By utilizing the RSI on momentum data, the Anit Momentum Indicator gains a distinct advantage in gauging the strength of price momentum, leading to more accurate trend evaluations.
3. Rescaling for Better Visualization:
To enhance visual clarity and maintain consistent representation, the RSI on Momentum is rescaled to range from 0 to 100. This normalization ensures that the indicator's values remain within a fixed range, making it easier for traders to identify crucial overbought and oversold regions.
How to Use the Indicator:
Long-Only Strategy:
The AMI is most effective in long-only strategies. Traders can deploy the indicator to identify promising opportunities to go long on a stock or asset. A long position is established when the AMI crosses above 50, signaling a robust upward momentum.
Trend Continuation Confirmation:
The AMI's ability to capture trend continuation opportunities allows traders to stay invested in an uptrend for an extended period. As long as the AMI remains above 50, the uptrend is considered intact, and traders may continue to hold the position.
Higher Timeframe Advantage:
The AMI's effectiveness is further enhanced on higher timeframes. Longer timeframes provide a more reliable and sustained view of the underlying trend, giving traders greater confidence in their long-only strategies.
Conclusion:
The Anit Momentum Indicator is a valuable tool for traders pursuing trend continuation strategies, specifically long-only approaches. By leveraging the concept of momentum and RSI, the AMI helps traders identify and participate in sustained uptrends. With its focus on trend continuation rather than reversals, the AMI can be a key component in building successful long-only trading strategies, especially on higher timeframes. Traders can use this indicator to stay invested in robust uptrends, maximizing their profit potential while minimizing exposure to counter-trend moves by staying long till AMI value is greater than 50,it is better to stay away or exit from the asst class when AMI value is less than 50.
Anchored Momentum [LazyBear]Anchored Momentum (AMOM), by Rudy Stefenel, is a modified momentum indicator to capture the relative momentum. AMOM uses SMA as the reference for deriving momentum, thereby anchoring it to that MA rather than "value of close n bars back".
Mr.Stefenel suggests using this like other oscillators -- crossing signal line, crossing zero, divergences.
For alerts, use "Momentum", "Signal" and "ZeroLine" plots.
Configurable options:
- Momentum Period: Default is 10.
- Signal Period: Default is 8.
- Smooth Momentum: Default is FALSE. If TRUE, enables EMA(close) to be used rather than "close".
- Smoothing Period: Default is 7. If momentum smoothing is enabled, this period is used.
- Show Histogram: Default is FALSE. This is not histogram per se (indicator - signal), but is used for highlighting the crosses. Check out the histogram pane below to see an example.
- Enable Barcolors: Default is FALSE. If enabled, colors the price data (bars/candles) using histogram color.
More info:
Anchored Momentum, Stocks & Commodities V16:2 (89-98)
Complete list of all my indicators:
docs.google.com
Heikin Ashi with EMA, BB, MomentumConvenient indicator to confirm a trend using heikin ashi candles.
The EMA 9 periods can be used as a trend confirmation using both the location of price and the slope of the EMA
Bollinger bands and their ma20 allows to account for volatility, range, squeeze, excess etc
This is all combined with a fast and slow momentum indicator based on the MACD.
The dots illustrate a slow/long-term momentum while the background color is the fast momentum.
Very useful indicator in my opinion to visualize the trend and momentum at the same time
Stockbee Momentum BurstThis is a script to color code bars based on the bullish- and bearish combination.
Bullish Combination
Percent: Price >= 4% from yesterday and Volume today > Yesterday
Dollar: Price >= 0.9 dollar from open
Base Requirements
- Price > Yesterday's close
- Price > Open
- Price is within 30% of high
- Todays price range >= Yesterdays price range
- Yesterday's move <= 2%
- Volume >= 100 000
Bearish Combination
Percent: Price <= 4% from yesterday and Volume today > Yesterday
Dollar: Price <= 0.9 dollar from open
Base Requirements
- Price < Yesterday's close
- Price < Open
- Price is within 30% of low
- Todays price range >= Yesterdays price range
- Yesterday's move >= -2%
- Minimum volume for each of last 3 days >= 100 000
Momentum Filter
These are based on the 10 and 20 EMA crossover, where the former above would indicate upward momentum and below downward momentum. This can help to narrow down the color code to continuation phases. The linked option will override all other momentum filters, bullish candles will be displayed when EMA 10 > 20 and bearish candles when EMA 10 < 20.
Big Poppa Code Strat & Momentum Strategy IndicatorThis indicator is a combination of a few things in order to work with a unique trading style gleaned from Callme100k, jrgreatness, TrustMyLevels , FaithInTheStrat, Rob Smith and Saty Mahajan.
This Indicator is created to help you day trade using, ATR Fibonacci Levels, Price Action and Momentum.
It displays Fibonacci Levels Based on ATR to indicate when a security is 0.236, 0.382 +- the Days Open, +- the Days Open, 0.618 +- the Days Open and 1.0 +- Days Open.
To understand this script you need to understand
Average True Range (ATR)
1 Bar Inside Bar
2 Bar Outside Bar (Break either the top or bottom)
3 Bar Engulfing Bar
Strat Setups - 212, 322, 312
Fibonacci - 0.236, 0.382, 0.618, 1.0
Moving Averages
A Trend is considered bullish when (green)
Current Price is greater than the Fast EMA Value (8)
Fast EMA is greater than PIVOT EMA Value (21)
Pivot EMA is greater than SLOW EMA Value (34)
OR Hull is trending up and the Price is above the Volume Weighted Moving Average and price is above VWAP
A trend is considered Bearish when (red)
Current Price is less than the Fast EMA Value (8)
Fast EMA is less than PIVOT EMA Value (21)
Pivot EMA is less than SLOW EMA Value (34)
OR Hull is trending down and the Price is below the Volume Weighted Moving Average and price is below VWAP
If these conditions are not met then the Momentum is in Conflict (orange)
The Momentum band will match the color of the current trend
The table that is present can be turned off at any time lets you see
1) If Moving Averages are showing bullish, bearish or in conflict
2) If There us Time Frame Continuity, (if 5 min up, are all the other timeframes up also)
3) How much of the ATR have we moved on the day
4) Are we in Call or Put range for the day based on ATR Fib Levels
The Ideal situation for entering a call
1) Momentum is Green
2) FTFC on Green
3) A Strat Actionable Signal is present
4) You are in the call range, 0.236 - 0.618 ATR + the Price
5) The ATR still has room, I.e only 50% of the ATR has been run already
Ideal situation from entering a put
1) Momentum is red
2) FTFC on Red
3) A Strat Actionable Signal is present
4) You are in the put range, 0.236 - 0.618 ATR - the Price
5) The ATR still has room, I.e only 50% of the ATR has been run already
Exit the trade for these reasons you entered (for profit or loss)
1) ATR has no more room
2) FTFC is now in conflict
3) Momentum has shifted
Take Profit when
1) You reach a new ATR Level 0.618, 1.0 , -0.618, -1, etc
Passive Stop Loss
1) Open Price if you are aggressive
2) Next ATR Level Down or Up
Feel free to take profit and leave runners
This script does not give signals, you should do your own research, I am not a financial advisors, I am simply applying principles of seasoned veterans to code. You make all decisions about how you buy, sell and trade. The creator of this script makes no promises and takes no responsibility for your personal trading.
To research the methods described above look up
Rob Smith : The Strat
Saty Mahajan : ATR Levels
Fibonacci
Using the HULL Moving Average
Exponential Moving Averages
VWAP
VWMA
Dynamic Momentum EcosystemTo make emotions obsolete in trading/investing, traders must able to understand the overall trend and disregard with the short term fluctuations of the green and red candles formation. Generally, the moving averages identify the trend, while the MACD-Histogram and Volume measures momentum. As a result, the Impulse System combines trend following and momentum to identify tradable impulses. This unique indicator combination is color coded into the price bars for easy reference.
I've created a script that able help traders to do as such by removing noises and focusing on the momentum + trend. In this Momentum + Trend Following ecosystem, there are 4 colors:
Lime = Price closed higher + volume transacted higher than average + MACD Histogram increases + 13 EMA increases
Green = Price closed higher + MACD Histogram increases + 13 EMA increases
Red = Price closed lower + MACD Histogram decreases + 13 EMA decreases
Blue = Either MACD Histogram increases/decreases + 13 EMA increases/decreases
Lime candle is viewed as a robust bullish sign as price increases, supported by the rising MACD Histogram, 13EMA, and higher than average volumes transacted. Perfect for dip buying near the 20/50 MAs.
Green candle is viewed as bullish with the rising of MACD Histogram and EMA. Good for dip buying near the 20/50 MAs.
Red candle is viewed as bearish with the declining of MACD Histogram and EMA. Good for short entry. Can also be the early sign to take profits, as it could be the preliminary signal for trend reversal.
Blue candle is viewed as neutral.
The upper dotted purple line is the 52candles high.
The vertical grey line appears when the price > MA50 crosses above MA200, which is a golden crossover.
Traders are advised to time their entry using the impulse coloring system for stocks that are trading near the dotted line, following the grey line formation.
Another example, Zoom on daily timeframe (based on its 2020 great bullrun)
Another example, Hartalega on daily timeframe (based on its 2020 great bullrun)
HFT Momentum IndicatorDefault Settings are meant to be used in XBT/USD chart on 1 hour time frame. If you want to use for another asset on another time frame YOU MUST CHANGE THE SETTINGS
This is momentum-based strategy designed by HFT Research in order to take advantage of volatile, trending markets.
Use ADX
ADX stands for average directional index . It is an indicator that measures volatility in the market. Unfortunately, the worst market condition for this strategy is sideways market. ADX becomes a useful tool since it can detect trend. If the volatility is low and there is no real price movement, ADX will pick that up and will not let you get in trades during a sideways market. It will allow you to enter trades only when the market is trending.
Use MA CrossOver
This strategy’s main driver is the moving average cross over however, unlike many other indicators, this strategy has ALL the moving averages that are on trading view. Total of 13 different moving averages all calculated in a different fashion available in a drop-down menu. You are able to choose two different moving averages to cross for your entry as well as being able to adjust the length of each individual moving average.
Use MA Spread % Filter
As an extra protection, we introduced MA spread % filter. We all know that momentum strategy works when there is actually a trend that has momentum. When there is no trend and market side choppy, we get a lot of noisy signals. In order to battle that we have introduced MA spread % filter. Using this piece of setting, you will be able to chose how strong the cross over actually is. If price is moving sideways, the moving averages will cross each other barely. If the price has actually any steam and momentum, MA 1 will cross over MA 2 aggressively because it will be trending market.
First you chose what the minimum % difference there should be between your 2 moving averages. If you keep this too tight, it won’t be as useful and if you keep this too large then the script will not generate any signals. Trust us, there is a fine balance in between! Then you proceed to chose your moving averages that the bot should keep track of.
Check our website for more information.
Maxx Momentum + TTM SqueezeHi guys here is the new version of the Maxx Momentum. The Maxx Momentum shows when a trend may be losing strength and highlights squeezes with the direction they are likely to go. I have the colours made more predominant than the default I also am using the smooth momentum settings just below show histogram, see settings here = i.gyazo.com
Other things to look for are; is it squeezing and who has the momentum, is it with the bulls or bears ( white above or below orange).
Is there any divergence? If there is wait for the white to cross over the signal line and then start looking for the trade.
You can also use it to see where the current trend is, if it's above or below the zeroiline, and is the white (momentum) above or below the orange (signal line). I have been finding good success using it on the 4hr, but for the long term squeezes the daily and above seems to work quite well.
Feel free to mess around with the settings if you wish, I currently have is set to using a TEMA as the signal line.
If you have any questions drop them below or send me a message.
Adaptive Squeeze Momentum +Adaptive Squeeze Momentum+ (Auto-Timeframe Version)
Overview
Adaptive Squeeze Momentum+ is an enhanced volatility and momentum indicator designed to identify compression and expansion phases in price action. It is inspired by the classic Squeeze Momentum Indicator by LazyBear but introduces automatic parameter adaptation to any timeframe, making it simpler to use across different markets without manual configuration.
Concepts and Methodology
The script combines Bollinger Bands (BB) and Keltner Channels (KC) to detect periods when volatility contracts (squeeze) or expands (release).
A squeeze occurs when BB are inside KC, suggesting low volatility and potential breakout scenarios.
A squeeze release is detected when BB expand outside KC.
Momentum is derived using a linear regression applied to the difference between price and a midrange reference level.
Original Improvements
Compared to the original Squeeze Momentum Indicator, this version offers several enhancements:
Automatic Adaptation: BB and KC lengths and multipliers are dynamically adjusted based on the chart’s timeframe (from 1 minute up to 1 month), removing the need for manual tuning.
Simplified Visualization: A clean, minimalist histogram and clear squeeze state cross markers allow for faster interpretation.
Flexible Application: Designed to work consistently on intraday, daily, and higher timeframes across crypto, forex, stocks, and indices.
Features
Dynamic Squeeze Detection:
Gray Cross: Neutral (no squeeze detected)
Blue Cross: Active squeeze
Yellow Cross: Squeeze released
Momentum Histogram:
Positive/negative momentum shown with slope-based coloring.
Timeframe-Aware Parameters:
Automatically sets optimal BB/KC configurations.
Usage
Watch for blue crosses indicating an active squeeze phase that may precede a directional move.
Use the histogram color and slope to gauge momentum strength and direction.
Combine squeeze release signals with momentum confirmation for potential entries or exits.
Credits and Licensing
This script was inspired by LazyBear’s OLD “Squeeze Momentum Indicator” (). The implementation here significantly expands upon the original by introducing auto-adaptive parameters, restructured logic, and a new visualization approach. Published under the Mozilla Public License 2.0.
Disclaimer
This indicator is for educational purposes only and does not constitute financial advice. Use at your own risk.
Momentum TrackerMomentum Tracker - Advanced Multi-Timeframe Momentum Oscillator
Overview
The Momentum Tracker is a sophisticated momentum oscillator that employs a proprietary triple-layer exponential smoothing algorithm to measure market momentum with exceptional precision. This indicator transforms complex price movements into clear, actionable signals through an intuitive color-coded display system.
Key Features
• Advanced Calculation Engine
Triple-layer exponential smoothing for noise reduction
Proprietary momentum normalization algorithm
Oscillates smoothly between 0-100
• Multi-Timeframe Analysis (NEW!)
Analyze momentum from any timeframe on your current chart
Perfect for confirming higher timeframe trends on lower timeframe entries
Timeframe display badge for easy reference
• Dynamic Visual System
Blue: Rising momentum (bullish pressure)
Red: Falling momentum (bearish pressure)
Yellow: Neutral/consolidating (no clear direction)
• Reference Levels
90: Overbought zone
50: Equilibrium line
10: Oversold zone
• Professional Features
No repainting - uses only confirmed data
Works on all markets (Forex, Crypto, Stocks, Indices)
Compatible with all timeframes (1m to Monthly)
Clean, uncluttered display
How It Works
The Momentum Tracker uses a sophisticated multi-stage process:
Price Input: Calculates using typical price (HLC/3) for balanced market representation
Triple Smoothing: Applies three layers of adaptive exponential smoothing to filter market noise while preserving trend integrity
Momentum Normalization: Converts raw momentum into a bounded 0-100 oscillator
Dynamic Coloring: Instantly visualizes momentum direction through color changes
Trading Applications
1. Trend Identification
Blue line = Uptrend momentum
Red line = Downtrend momentum
Yellow line = Consolidation/indecision
2. Overbought/Oversold Conditions
Readings above 90 suggest overbought conditions
Readings below 10 suggest oversold conditions
Best used in conjunction with price action
3. Momentum Divergences
Spot regular and hidden divergences
Early warning of potential trend reversals
Confirmation tool for other signals
4. Multi-Timeframe Confirmation
View daily momentum on hourly charts
Confirm entry signals with higher timeframe momentum
Avoid trades against higher timeframe momentum
5. Entry/Exit Timing
Color changes can signal momentum shifts
Midline (50) crosses indicate trend bias changes
Extreme readings suggest potential reversal zones
Settings
• Timeframe: Select any timeframe for momentum calculation (leave empty for chart timeframe)
Best Practices
DO combine with price action and support/resistance levels
DO use multiple timeframe analysis for confirmation
DO wait for clear color changes before making decisions
DON'T use as a standalone trading system
DON'T trade solely based on overbought/oversold levels
DON'T ignore overall market context
Pro Tips
Divergence Trading: Look for momentum making lower highs while price makes higher highs (bearish divergence) or vice versa
Trend Following: Trade in the direction of the momentum color on higher timeframes
Range Trading: Use extreme readings (>90 or <10) for mean reversion trades in ranging markets
Confluence: Best signals occur when momentum aligns across multiple timeframes
Technical Details
Version: 6.0 (Pine Script v6)
Overlay: False (displays in separate pane)
Repainting: No
Calculation: Based on typical price (HLC/3)
Update Frequency: Real-time with each price tick
Risk Disclaimer
Trading financial instruments involves substantial risk and may result in loss of capital. This indicator is provided for informational and educational purposes only and should not be construed as investment advice. Always:
Use proper risk management
Updates
Latest Update: Added multi-timeframe functionality allowing momentum analysis from any timeframe on your current chart view.
Tags: #momentum #oscillator #trend #multitimeframe #norepaint #exponentialsmoothing #momentumindicator #technicalanalysis #trading #forex #crypto #stocks
Gabriel's Squeeze Momentum PRO“Gabriel’s Squeeze Momentum PRO” is a next-generation evolution of the classic SQZMOM concept. It layers multiple John Ehlers filters, Jurik smoothing, adaptive cycle-detection, and a Cauchy-weighted price filter on top of the familiar Bollinger-Band-inside-Keltner-Channel squeeze logic. The goal is to pinpoint volatility contractions and immediately gauge whether forthcoming expansion is likely to break bullish or bearish—while screening out noise, lag, and regime shifts across any symbol or timeframe.
1 · What the script plots
Plot What it represents Why it matters
Momentum line (teal/red) Price-de-trended linear-regression of a Cauchy-filtered source, optionally normalized. Measures directional thrust during / after a squeeze.
Signal line (white JMA) Jurik moving average of the momentum line. Smooth trigger for crossovers / reversals.
Squeeze dots (blue, black, red, yellow, purple, green) Real-time volatility state: No squeeze → Wide → Normal → Narrow → Very Narrow → Fired. Helps anticipate explosive moves as BB exits KC.
Cyclic RSI bands (cyan / fuchsia) Dynamic overbought / oversold bands derived by MESA dominant-cycle analysis. Contextualizes momentum extremes—no fixed 70/30.
Rate-of-Change (optional) (orange / blue shading) ROC of the momentum-signal spread, scaled. Highlights acceleration / deceleration.
Reversal guide lines (optional colored rays) Drawn when momentum crosses its JMA and reversal-mode is on. Visual confirmation of early trend change.
2 · Key engine components
Cauchy PDF-weighted moving average
Creates a heavy-tailed weighting curve; center bars dominate while still capturing fat-tail outliers—excellent for choppy instruments or volume-weighting (Volume weighted?).
Butterworth High-Pass & Super-Smoother Low-Pass
Strip out drift, then smooth what’s left. This isolates true cyclic motion before momentum is computed.
Fast RMS normalizer
Converts the band-pass output into a unit-scale “power” reading—vital for adaptive thresholds.
Goertzel + MESA dominant-cycle
Auto-detects fast & slow cycles, then blends them to size overbought / oversold bands and to set the adaptiveLength (if Use Adaptive Length? is enabled).
Jurik RSX & JMA
Provide ultra-low-lag smoothing for momentum and for reversal detection.
3 · Input groups and how to tune them
Group Why change it Tips
Normalization (Unbounded / Min-Max / Standard Deviations) Puts momentum & signal on the scale that best suits the asset. Crypto / small-caps: StdDev (handles volatility).
FX / indices: Min-Max or leave unbounded for raw juice.
Cauchy Distribution Tailors the Cauchy filter. Gamma ↓ (0.1-0.4) ⇒ faster / riskier. Use Adaptive Length pairs it with MESA cycle length for auto speed control.
Rate of Change Visual momentum acceleration. Leave off (Show Rate of Change = false) if you want a cleaner pane.
Momentum Colors / Directional Momentum? Switch between classic SQZMOM coloring and trend-biased histogram. Turn on when you prefer “green-gets-greener / red-gets-redder” style signals.
Squeeze Colors & Thresholds Fine-tune what “wide / normal / narrow” mean. Larger assets (SPX, BTC-Perp): raise the thresholds a touch. Thin or low-ATR symbols: lower them.
Multi-Time-frame blocks (1 h, 4 h, D, W, M) Pre-sets for BB/KC length, squeeze thresholds, and reversal MA length per TF. The script auto-detects the chart timeframe and loads the matching row—just adjust each block once.
Reversal Signals Whether to draw vertical rays on momentum crossovers. Use on swing-trading timeframes (≥1 h) to catch early momentum flips.
4 · How to read & trade it
Scan for purple / yellow / red dots
These indicate Very-Narrow, Narrow, and Normal squeezes—markets are coiling.
Wait for a fired squeeze (green dot)
BB has pushed outside KC; volatility is expanding. Momentum direction often dictates breakout bias.
Check momentum relative to zero & signal
Bullish setup: Momentum > 0 and crossing above signal. Bearish setup: Momentum < 0 and crossing below signal. Alerts “Bullish / Bearish Trend Reversal” are raised here if enabled.
Validate with cyclic bands
If momentum launches from near the lower cyan band, bullish moves are higher-probability (symmetrical for upper fuchsia band).
Confirm trend strength
Directional-momentum histogram keeps turning brighter in trend direction; ROC is above zero and rising.
Manage the trade
First target = prior squeeze mid-range or recent swing high/low.
Consider scaling out when momentum weakens (histogram fades) or reverses through signal line.
Optional: draw the reversal rays to highlight exit zones automatically.
5 · Practical workflows
Scalpers (1-5 min)
Uncheck Use Adaptive Length, set main Length to 10-12, Gamma to 0.3.
Use ROC for ultra-fast divergences.
Treat Normal squeezes (red) as tradable; ignore Wide. Healthy Volume is ideal.
Swing traders (1 h – 4 h)
Keep default adaptive length; enable 1-H/4-H reversal blocks.
Trade only after Very-Narrow/Narrow squeezes; ride until weekly/daily reversal ray prints.
Position / Trend followers (Daily+)
Raise Wide/Normal thresholds a bit (e.g., 2.2 / 1.7).
Momentum normalization = Standard Deviations to filter regime shifts.
Combine with higher-timeframe MTF panel or moving-average ribbons.
6 · Built-in alert catalog
Alert name Fires when Typical action
🟢 Fired Squeeze Green dot appears (vol expansion already under way) Stay in trend or add on pullbacks.
🟠 Low / 🔴 Normal / 🟡 Tight / 🟣 Very Tight Respective squeeze engages Get your watch-list ready; plan trades.
🐂 Bullish / 🐻 Bearish Trend Reversal Momentum crosses signal in requested direction Entry / exit / scale adds.
Set alerts on “Once Per Bar Close” for reliable signals.
7 · Best practices & caveats
Context is king – Use higher-timeframe structure (support/resistance, VWAP, market profile) to avoid false breakouts.
Data quality – On illiquid symbols, consider turning volume weighting off (pre-market gaps distort results).
Normalization choice – Mixing different normalizations across charts can confuse muscle memory; pick one style per asset class.
Lag vs. noise – If entries feel late, lower Gamma or disable adaptive length. If too jumpy, increase Length or choose Standard-Deviation normalization.
Not a stand-alone holy grail – Combine with risk management (ATR-based stops, Kelly-fraction sizing) and confirm with price action.
Harness the script’s adaptive filtering, multi-TF presets, and rich alert suite to spot compression, time breakouts, and stay on the right side of momentum—whether you’re scalping ES futures or swing-trading alt-coins.
Dynamic Momentum GaugeOverview
The Dynamic Momentum Gauge is an indicator designed to provide information and insights into the trend and momentum of a financial asset. While this indicator is not directional , it helps you know when there will be a trend, big move, or when momentum will have a run, and when you should take profits.
How It Works
This indicator calculates momentum and then removes the negative values to focus instead on when the big trend could likely happen and when it could end, or when you should enter a trade based on momentum or exit. Traders can basically use this indicator to time their market entries or exits, and align their strategies with momentum dynamics.
How To Use
As previously mentioned, this is not a directional indicator but more like a timing indicator. This indicator helps you find when the trend moves, and big moves in the markets will occur and its possibly best to exit the trades. For example, if you decide to enter a long trade if the Dynamic Momentum Gauge value is at an extreme low and another momentum indicator that you use has conditions that you would consider to long with, then this indicator is basically telling you that there isn't more space for the momentum to squeeze any longer, can only really expand from that point or stay where it currently is, but this is also a mean reverting process so it does tend to go back up from the low point.
Settings:
Length: This is the length of the momentum, by default its at 100.
Normalization Length: Length of the Normalization which ensures the the values fall within a consistent range.
TradeChartist Mean Momentum Drift Bands (MMDB)™TradeChartist Mean Momentum Drift Bands (MMDB) is a Momentum indicator that plots a Mean Momentum line (calculated automatically from sample means of many lookback periods decided by the script logic) and Upper/Lower Drift Bands (calculated using standard deviation). The script helps spot price volatility, Oversold/Overbought zones and also generates high probability breakout signals without any user input.
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Features of ™TradeChartist MMDB
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Momentum Mean and 4 upper/lower Drift bands.
No User input required.
3 Visual colour schemes - Chilli, Flame and Custom.
MMDB table that shows asset's price, RSI and values of Mean & Upper/Lower Drift bands
Breakout Signals (Bull and Bear arrows) based on price closing above or below the 1st Drift Band.
Overbought and Oversold zones.
Colour Bars based on Momentum strength.
Alerts for Bull and Bear Breakouts ( Once per bar close to be used).
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Example Charts
1. MMDB used along with ™TradeChartist MMDO (Mean Momentum Drift Oscillator) on 4hr chart of BINANCE:BTCUSDT
2. MMDB on 4hr chart of OANDA:XAUUSD
3. MMDB on 1hr chat of OANDA:SPX500USD
4. MMDB connected to ™TradeChartist Plug and Trade on BINANCE:LINKUSDTPERP
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Note: The script doesn't repaint, so the alerts can be used with confidence. To check this, users can do bar replay to confirm if the plots and markers stay in the same place.
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Best Practice: Test with different settings first using Paper Trades before trading with real money
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[blackcat] L2 Momentum Line Convergence Divergence (MLCD)Level: 2
Background
Momentum indicators are technical analysis tools that can be used to determine the strength or weakness of the stock price. Momentum measures the speed at which stock prices rise or fall. Common momentum indicators are the relative strength index (RSI) and the moving average of convergence divergence (MACD).
Function
L2 Momentum Line Convergence Divergence (MLCD) is one of my innovative indicator which is to differeniate with average of convergence divergence (MACD). So, I named it as Momentum Line Convergence Divergence (MLCD). In order for everyone to be more familiar with its useage, I inherited the traditional MACD expression method, and added golden cross (yellow cross) and dead cross (fuchsia cross) prompts, as well as bottom divergence (lime cross) and top divergence (red cross) prompts.
Key Signal
mtm --> momentum fast line
mtmaux --> momentum slow line
mtmgx --> momentum gold cross in yellow
mtmdx --> momentum dead cross in fuchsia
mtmbotdiverg --> momentum bottom divergence alert in lime cross
mtmtopdiverg --> momentum top divergence alert in red cross
Pros and Cons
Pros:
1. very stable for market price change and trend following
2. visual bottom and top divergence alerts are provided
Cons:
To be found yet
Remarks
Blackcat1402 brand MLCD indicator
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
Momentum Fusion v1Momentum Fusion v1
Overview
Momentum Fusion v1 (MFusion) is a multi-oscillator indicator that combines several components to analyze market momentum and trend strength. It incorporates modified versions of classic indicators such as PVI (Positive Volume Index), NVI (Negative Volume Index), MFI (Money Flow Index), RSI, Stochastic, and Bollinger Bands Oscillator. The indicator displays a histogram that changes color based on momentum strength and includes "FUSION🔥" signal labels when extreme values are reached.
Indicator Settings
Parameters:
EMA Length – Smoothing period for the moving average (default: 255).
Smoothing Period – Internal calculation smoothing parameter (default: 15).
BB Multiplier – Standard deviation multiplier for Bollinger Bands (default: 2.0).
Show verde / marron / media lines – Toggles the display of auxiliary lines.
Show FUSION🔥 label – Enables/disables signal labels.
Indicator Components
1. PVI (Positive Volume Index)
Formula:
pvi := volume > volume ? nz(pvi ) + (close - close ) / close * sval : nz(pvi )
Description:
PVI increases when volume rises compared to the previous bar and accounts for price percentage change. The stronger the price movement with increasing volume, the higher the PVI value.
2. NVI (Negative Volume Index)
Formula:
nvi := volume < volume ? nz(nvi ) + (close - close ) / close * sval : nz(nvi )
Description:
NVI tracks price movements during declining volume. If the price rises on low volume, it may indicate a "stealth" trend.
3. Money Flow Index (MFI)
Formula:
100 - 100 / (1 + up / dn)
Description:
An oscillator measuring money flow strength. Values above 80 suggest overbought conditions, while values below 20 indicate oversold conditions.
4. Stochastic Oscillator
Formula:
k = 100 * (close - lowest(low, length)) / (highest(high, length) - lowest(low, length))
Description:
A classic stochastic oscillator showing price position relative to the selected period's range.
5. Bollinger Bands Oscillator
Formula:
(tprice - BB midline) / (upper BB - lower BB) * 100
Description:
Indicates the price position relative to Bollinger Bands in percentage terms.
Key Lines & Histogram
1. Verde (Green Line)
Calculation:
verde = marron + oscp (normalized PVI)
Interpretation:
Higher values indicate stronger bullish momentum. A FUSION🔥 signal appears when the value reaches 750+.
2. Marron (Brown Line)
Calculation:
marron = (RSI + MFI + Bollinger Osc + Stochastic / 3) / 2
Interpretation:
A composite oscillator combining multiple indicators. Higher values suggest overbought conditions.
3. Media (Red Line)
Calculation:
media = EMA of marron with smoothing period
Interpretation:
Acts as a signal line for trend confirmation.
4. Histogram
Calculation:
histo = verde - marron
Colors:
Bright green (>100) – Strong bullish momentum.
Light green (>0) – Moderate bullish momentum.
Orange (<0) – Bearish momentum.
Red (<-100) – Strong bearish momentum.
Signals & Alerts
1. FUSION🔥 (Strong Momentum)
Condition:
verde >= 750
Visualization:
A "FUSION🔥" label appears below the chart.
Alert:
Can be set to trigger notifications when the condition is met.
2. Background Aura
Condition:
verde > 850
Visualization:
The chart background turns teal, indicating extreme momentum.
Usage Recommendations
FUSION🔥 Signal – Can be used as a long entry point when confirmed by other indicators.
Histogram:
1. Green bars – Potential long entry.
2. Red/orange bars – Potential short entry.
3. Media & Marron Crossover – Can serve as an additional trend filter.
4. Suitable for a 5-15 minute time frame
Conclusion
Momentum Fusion v1 is a powerful tool for momentum analysis, combining multiple indicators into a unified system. It is suitable for:
Trend traders (catching strong movements).
Scalpers (identifying short-term impulses).
Swing traders (filtering entry points).
The indicator features customizable settings and visual signals, making it adaptable to various trading styles.
True Momentum IndexTrue Momentum Index (TMI) — Precision Trading by Trading_Tomm
The True Momentum Index (TMI) is a cutting-edge technical indicator developed for traders who demand accuracy, clarity, and consistency across all market conditions. Designed by Trading_Tomm , this indicator provides a reliable method to identify high-probability entry and exit points by analyzing real-time momentum shifts and volatility levels.
Key Benefits:
1. Multi-Timeframe Versatility: Whether you're scalping on a 1-minute chart or investing on the weekly, TMI adapts seamlessly to your strategy.
2. Enhanced Risk Management: By highlighting optimal trade zones, TMI helps improve your reward-to-risk ratio and reduce exposure to false signals.
3. Clear Trend Detection: Instantly distinguish between trending, ranging, or consolidating markets.
4. Breakout Confirmation: Spot true breakout opportunities with confidence, supported by Bollinger Band overlays.
5. Universal Applicability: Works effectively with stocks, forex, cryptocurrency, commodities, and indices.
TMI’s intuitive visual presentation and precision signals make it an essential tool for both new and experienced traders. Whether you're trading volatile crypto markets or steady equities, the True Momentum Index gives you the edge to trade with discipline, clarity, and confidence.
Start using the True Momentum Index and take your trading strategy to the next level -maximize potential, minimize uncertainty.
Zaree - Predictive Imparity Momentum IndicatorThe "Zaree - Predictive Imparity Momentum Indicator" (Z-PIMI) is a custom indicator designed to measure the momentum difference between two currency pairs. Let's break down its components and functionality:
Inputs:
pimiLength: Defines the period for the RSI calculation.
selectedMAType: Allows the user to choose the type of moving average (SMA, EMA, WMA, VWMA) they want to apply to the PIMI.
maLength: Defines the period for the chosen moving average.
baseCurrency & quoteCurrency: These are the two currency pairs that the user wants to compare.
Timeframe Selection:
The user can select a specific timeframe for the analysis, or they can use the chart's current timeframe.
Calculation of Currency Indices:
The closing prices of the Base Currency and Quote Currency are fetched for the selected timeframe.
The RSI (Relative Strength Index) is calculated for both currencies using the pimiLength.
The PIMI is then calculated by subtracting the RSI of the Quote Currency from the RSI of the Base Currency.
Moving Average Calculation:
A moving average of the PIMI is calculated based on the user's selected type (selectedMAType) and period (maLength).
Style Settings:
These are hardcoded values that define the levels for the upper and lower bands. These bands can help identify overbought or oversold conditions.
Highs and Lows Calculation:
The highest and lowest values of the PIMI over specified periods (highsLength and lowsLength) are calculated. These can help identify extreme values or turning points.
Plotting:
The PIMI is plotted as a white line.
The moving average of the PIMI is plotted as a purple line.
The upper and lower bands are plotted as horizontal lines at specified levels.
The highest and lowest values of the PIMI are plotted as red and green lines, respectively.
Interpretation:
The PIMI provides a measure of the momentum difference between two currency pairs. When the PIMI is rising, it indicates that the Base Currency is gaining momentum relative to the Quote Currency, and vice versa.
The moving average can be used as a signal line. For instance, when the PIMI crosses above its moving average, it might be considered a bullish signal, and when it crosses below, it might be considered bearish.
The upper and lower bands, as well as the highs and lows lines, can help identify overbought or oversold conditions. For example, if the PIMI reaches or exceeds the upper band, it might indicate overbought conditions, suggesting a potential reversal or pullback.
Overall, the Z-PIMI offers a tool to compare the momentum of two currency pairs and identify potential trading opportunities based on their relative strength and established thresholds.
True Momentum OscillatorThe True Momentum Oscillator (TMO) calculates the delta of the price using the open and close. We have taken the true momentum oscillator a step further and have added the momentum of the main signal (TMO) and the smooth signal line. We believe this helps give a clearer picture of price momentum and helps verify crossovers of the TMO and the smooth signal line. The momentum lines can also help confirm a divergence of the TMO. We have also added multiple moving average options so the user can customize the TMO to suit their needs.
TMO- Green when above Smooth Signal Line, red when below Smooth Signal Line
Smooth Signal- Gray Line
Histogram- TMO-Smooth Signal
TMO Momentum- Orange line
Smooth Signal Momentum- Yellow line
Overbought/Oversold regions- Gray highlighted boundaries
The TMO has defined overbought and oversold regions where either a crossover signal or divergence in the oscillator itself can be taken as a signal. Similar to the MACD, a crossover of the zero line by the TMO can also be utilized as a signal.
Ripple Momentum Indicator[LeonidasCrypto]Ripple momentum indicator.
This is indicator is not based on any other indicator.
This indicator is a momentum indicator.
How is working?
This indicator is calculating the gap in for each candle and determining the volatility of this candle . Applying WMA average we can get an idea if the volume is coming to the market or not.
Following the same theory as OBV oscillator "Volume will follow the price". This indicator will help to see if the asset is bearish or bullish based on volatility and volume.
How to trade?
Bullish/Bearish divergences
Trends:
Bellow the line 1: the asset should be considered bearish
Above the line 1: the asset should be considered bullish
Longs:
wait for the signal crossing the bands this is telling you the momentum/volume/volatility are expanding.
Shorts:
Wait for the signal crossing below the band. this is telling you the asset is losing momentum/volume/volume are expanding
Band:
This band is acting as dynamic support of resistance.
