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
Komut dosyalarını "momentum" için ara
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.
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
Trend & Momentum V2Declutter your charts. Simple indicator combining trend and momentum using Moving Average (currently default to 9-day EMA) and RSI (default length of 8). A long signal is generated when the price closes above the moving average and the moving average color turns red to green which indicated that the momentum measured using RSI is greater than 50. A short signal is generated when the price closes below the moving average and the moving average color turns green to red indicating RSI is below 50. Confirmation is done if there is no reversal on the next candle. For best results use multiple timeframe charts to trade on the right side of trend and momentum.
Range Breakout + TradePulse HUD + Momentum GlowRange Breakout + TradePulse HUD + Momentum Glow
Overview
The Range Breakout + TradePulse HUD + Momentum Glow is a sophisticated Pine Script® indicator for TradingView, engineered to provide traders with a comprehensive toolkit for identifying breakout opportunities, monitoring real-time market dynamics, and visualizing momentum shifts. By integrating volatility-based channels, a dynamic heads-up display (HUD), and momentum-driven background glow, this indicator empowers traders with actionable insights for scalping, day trading, or swing trading across stocks, forex, and cryptocurrencies.
Key Features
Range Breakout System
ATR-Based Dynamic Channels: Constructs upper, lower, and mid-channel lines using a smoothed Average True Range (ATR) multiplied by a customizable factor (default: 4x), adapting to market volatility for precise breakout detection.
Breakout and Reversal Signals: Generates buy (▲) and sell (▼) signals on mid-channel crossovers, with an optional trend filter to align with the prevailing market direction, enhancing signal reliability.
Fakeout Detection: Optionally displays "X" markers for fakeout signals when price briefly breaches channel boundaries but fails to sustain the move, helping traders avoid false breakouts.
Customizable Visuals: Offers adjustable channel colors, gradient fill options, and transparency settings for a clean, user-friendly chart display.
TradePulse HUD
Real-Time Market Dashboard: A sleek, top-center HUD provides critical metrics on the last confirmed bar, including:
Price: Current price, color-coded (green for up, red for down).
Price Change (%): Percentage change with customizable alert thresholds for significant spikes (default: 3%).
Volume Analysis: Displays volume direction (Bullish, Bearish, Neutral) and highlights "Hype" surges when volume exceeds a user-defined threshold relative to its standard deviation (default: 1.5x).
Trend Direction: Derived from EMA crossovers (fast: 4-period, slow: 6-period) and volume confirmation, shown as Bullish, Bearish, or Neutral.
Momentum Score: A normalized RSI-based score (0–100), color-coded for overbought (>70) or oversold (<30) conditions.
Signal Confidence: A composite score (0–100) combining RSI, volume, and EMA divergence to evaluate signal strength.
Session Trend: Tracks intraday trends during key US market sessions (Open: 9:30–10:00, Mid: 10:00–14:00, Power Hour: 14:00–16:00, US Eastern Time) with emoji indicators ( for bullish, for bearish, for neutral).
RSI: Displays current RSI with customizable overbought (default: 65) and oversold (default: 35) levels.
Customizable HUD: Toggle visibility and adjust colors for a tailored trading experience.
Momentum Glow
Dynamic Background Visualization: Highlights strong market momentum with a background glow (green for bullish when RSI > 80, pink for bearish when RSI < 20), toggleable for minimal chart clutter.
Trend Confirmation: Combines channel breakouts with EMA crossovers and volume thresholds to identify high-probability bullish and bearish zones, ideal for trend-following strategies.
Session-Based Filtering: Excludes low-volatility "barcode" patterns (price range < 60% of average) to focus on actionable trends during active market hours.
Alert System
Robust Alerts: Configurable alerts for:
Buy/sell signals with optional trend filtering.
Price spikes exceeding the user-defined threshold.
"Hype" volume surges with a cooldown period (default: 5 bars) to prevent repetitive alerts.
EMA bullish/bearish crossovers for trend confirmation.
Flexible Thresholds: Customize price change, volume spike, and hype volume multipliers to align with specific trading strategies.
How It Works
Range Breakout: Calculates a central channel line (HL2) with upper and lower boundaries based on ATR. Breakouts are detected when price crosses these boundaries, while buy/sell signals trigger on mid-channel crossovers, validated by stability and optional trend filters.
TradePulse HUD: Integrates EMA, RSI, volume, and price data into a real-time, top-center dashboard, providing a holistic view of market conditions.
Momentum Glow: Enhances trend visualization with background glow for extreme RSI conditions, reinforcing breakout signals and trend direction.
Session Analysis: Monitors price behavior during key trading sessions, filtering out low-range periods to highlight high-probability trading opportunities.
Settings
Range Breakout Settings:
Line Extension Length: Duration of breakout lines (default: 100 bars).
Channel Width Multiplier: ATR multiplier for channel width (default: 4x).
Show Fakeout Signals: Toggle fakeout markers (default: disabled).
Filter Signals by Trend: Align signals with the broader trend (default: disabled).
Colors and Transparency: Customize channel colors and fill opacity.
TradePulse HUD Settings:
Show HUD: Enable/disable HUD display.
Show Momentum Glow: Toggle background glow for momentum visualization.
Price Change Alert Threshold: Percentage for price spike alerts (default: 3%).
Volume Spike Multiplier: Threshold for volume spikes (default: 1.2x average).
Hype Volume Multiplier: Threshold for "Hype" surges (default: 1.5x standard deviation).
Hype Cooldown: Minimum bars between hype alerts (default: 5).
EMA Periods: Fast (default: 4) and Slow (default: 6) for trend detection.
RSI Settings: Period (default: 14), overbought (default: 65), oversold (default: 35).
How to Use
Add the indicator to your TradingView chart.
Customize settings to match your trading style (e.g., adjust channel width, enable trend filters, or tweak HUD colors).
Monitor breakout signals (▲ for buy, ▼ for sell), fakeout markers (X), and HUD metrics for real-time context.
Use session trend indicators (//) to identify high-probability trading zones.
Set up alerts for breakouts, price spikes, volume surges, or EMA crossovers to stay informed.
Notes
License: Mozilla Public License 2.0 (mozilla.org).
Author: © StanTheTradingMan
Version: Pine Script® v6
Best Used With: Liquid markets (stocks, forex, crypto) on intraday or daily timeframes.
Optimization: Adjust ATR multiplier, EMA periods, and RSI thresholds to optimize for specific assets or strategies.
Why Use This Indicator?
The Range Breakout + TradePulse HUD + Momentum Glow delivers a powerful combination of breakout detection, real-time market analytics, and momentum visualization. Its intuitive HUD, dynamic glow feature, and robust alert system make it an essential tool for traders seeking clarity and precision in fast-moving markets. Whether capturing intraday moves or riding longer-term trends, this indicator equips you with the insights to trade confidently.
Get Started
Apply the indicator to your chart, fine-tune settings to suit your strategy, and leverage its advanced features to elevate your trading. For feedback or questions, connect via TradingView.
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.
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.
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.
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.
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.
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.
Adaptive Momentum Channel - [Volume Filter]The Adaptive Momentum Channel with Volume Filter (Adaptive MCVF) is an indicator that utilizes an adaptive RSI to adjust its sensitivity based on the market conditions. The RSI component of the indicator calculates the standard deviation and mean deviation of RSI values and uses these to calculate the adaptive RSI. The volume filter component of the indicator filters the adaptive RSI based on the volume average, allowing the indicator to identify trend changes and filter out market noise.
The indicator plots the upper and lower bands of the Adaptive MCVF, which are calculated by taking the moving average of the filtered RSI and applying an offset based on the standard deviation. A fast moving average is also plotted, which can be used to identify short-term changes in the trend.
The Adaptive MCVF also includes a divergence identification feature, which can be used to identify potential trend changes. The indicator plots regular bullish and bearish divergences, as well as hidden bullish and bearish divergences.
This is a variant of my previous MCVF indicator, this one simply allows you to take the standard deviation of the momentum and use it to make the indicator a bit more adaptive!
I made it protected to hide the standard deviation math and the auto divergence code.
You can always use this indicator by pressing "favorite";)
Multi period momentum (30m)I found that when there is oversold or overbought, there is always a good point to buy. Buyers can enter the market after oversold drops or overbought turns. It is recommended not to intervene when overbought or oversold is started, because this may be a deviation.
The basic logic of the strategy is to detect multi period and multi empty conditions. When the multiple or short forces reach an extreme value, we think there will be a good reversal. Based on this, we believe that the best use here is 30m cycle.
I will release the version of multiple cycles in the future. My favorite friends can pay attention to it.
1. Based on multi period resonance;
2. The total score of momentum coefficient is 36, and the lowest score is 0; If the coefficient score is greater than 18, it is a long trend; if the coefficient score is less than 18, it is a short trend. It is recommended to look long if the coefficient score is greater than 18 and short if the coefficient score is less than 10;
3. The closer the momentum coefficient is to the extreme value, the greater the possibility of inversion. Therefore, it can be considered that when it is greater than 30, empty orders can be placed, and when it is less than 5, multiple orders can be placed;
4. This index calculates the resonance coefficient in combination with multiple periods of 5m, 15m, 30m, 1h, 2h and 4h. The most suitable period is 30m, because this period is the middle value;
5. You can use the 30m cycle to look at the overall direction and the 5m cycle to find the exact trading opportunities.
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.
TradeChartist Mean Momentum Drift Oscillator (MMDO)™TradeChartist Mean Momentum Drift Oscillator (MMDO) is the Oscillator version of the ™TradeChartist Mean Momentum Drift Bands (MMDB) indicator with some added visual features to spot Momentum, divergences and Price action using ™TradeChartist Zone Visualizer model.
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Features of ™TradeChartist MMDO
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Price zone detection using ™TradeChartist Zone Visualizer model.
No User input required.
3 Visual colour schemes - Chilli, Flame and Custom.
Clear Visualization of Overbought and Oversold zones.
Colour Bars based on Momentum strength.
MDDO highs and lows tracker helps detect divergences.
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Example Charts
1. MMDO used along with ™TradeChartist MMDB (Mean Momentum Drift Bands) on 4hr chart of BINANCE:BTCUSDT
2. MMDO on 1hr chart of OANDA:EURUSD to confirm Drift Bands breakout entries on MMDB
3. MMDO on 1hr chart of BINANCE:LUNAUSDT
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Best Practice: Test with different settings first using Paper Trades before trading with real money
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Compare Price Momentum Oscillator [CC]The Compare Price Momentum Oscillator was created by Vitali Apirine (Stocks and Commodities Aug 2020 pg 16) and this is a handy indicator to compare the momentum of the current symbol you are looking at to the s&p to determine the relative strength of the underlying security. Buy when the line turns green and sell when it turns red.
Let me know if there are any other scripts you would like to see me publish!
Dynamic Momentum Index (DMI) This indicator plots Dynamic Momentum Index indicator. The Dynamic Momentum
Index (DMI) was developed by Tushar Chande and Stanley Kroll. The indicator
is covered in detail in their book The New Technical Trader.
The DMI is identical to Welles Wilder`s Relative Strength Index except the
number of periods is variable rather than fixed. The variability of the time
periods used in the DMI is controlled by the recent volatility of prices.
The more volatile the prices, the more sensitive the DMI is to price changes.
In other words, the DMI will use more time periods during quiet markets, and
less during active markets. The maximum time periods the DMI can reach is 30
and the minimum is 3. This calculation method is similar to the Variable
Moving Average, also developed by Tushar Chande.
The advantage of using a variable length time period when calculating the RSI
is that it overcomes the negative effects of smoothing, which often obscure short-term moves.
The volatility index used in controlling the time periods in the DMI is based
on a calculation using a five period standard deviation and a ten period average
of the standard deviation.
