Alpha-Weighted RSIDescription:
The Alpha-Weighted RSI is a next-generation momentum oscillator that redefines the classic RSI by incorporating the mathematical principles of Lévy Flight. This advanced adaptation applies non-linear weighting to price changes, making the indicator more sensitive to significant market moves and less reactive to minor noise. It is designed for traders seeking a clearer, more powerful view of momentum and potential reversal zones.
🔍 Key Features & Innovations:
Lévy Flight Alpha Weighting: At the core of this indicator is the Alpha parameter (1.0-2.0), which controls the sensitivity to price changes.
Lower Alpha (e.g., 1.2): Makes the indicator highly responsive to recent price movements, ideal for capturing early trend shifts.
Higher Alpha (e.g., 1.8): Creates a smoother, more conservative output that filters out noise, focusing on stronger momentum.
Customizable Smoothing: The raw Lévy-RSI is smoothed by a user-selectable moving average (8 MA types supported: SMA, EMA, SMMA, etc.), allowing for further customization of responsiveness.
Intuitive Centered Oscillator: The RSI is centered around a zero line, providing a clean visual separation between bullish and bearish territory.
Dynamic Gradient Zones: Subtle, colour coded gradient fills in the overbought (>+25) and oversold (<-25) regions enhance visual clarity without cluttering the chart.
Modern Histogram Display: Momentum is plotted as a sleek histogram that changes color between bright cyan (bullish) and magenta (bearish) based on its position relative to the zero line.
🎯 How to Use & Interpret:
Zero-Line Crossovers: The most basic signals. A crossover above the zero line indicates building bullish momentum, while a crossover below suggests growing bearish momentum.
Overbought/Oversold Levels: Use the +25/-25 and +35/-35 levels as dynamic zones. A reading above +25 suggests strong bullish momentum (overbought), while a reading below -25 indicates strong bearish momentum (oversold).
Divergence Detection: Look for divergences between the Alpha-Weighted RSI and price action. For example, if price makes a new low but the RSI forms a higher low, it can signal a potential bullish reversal.
Alpha Tuning: Adjust the Alpha parameter to match market volatility. In choppy markets, increase alpha to reduce noise. In trending markets, decrease alpha to become more responsive.
⚙️ Input Parameters:
RSI Settings: Standard RSI inputs for Length and Calculation Source.
Lévy Flight Settings: The crucial Alpha factor for response control.
MA Settings: MA Type and MA Length for smoothing the final output.
By applying Lévy Flight dynamics, this indicator offers a nuanced perspective on momentum, helping you stay ahead of the curve. Feedback is always welcome!
Pesquisar nos scripts por "momentum"
Squeeze + Short/Long (Futures) - WS🧠 Overview
The Squeeze + Short/Long (Futures) indicator combines Bollinger Bands, Keltner Channels, and momentum breakout logic to identify market compression phases (squeezes) followed by strong volatility expansion.
Ideal for crypto, futures, and FX traders who seek early breakout confirmation.
📊 Momentum Visualization
🟩 Green bars: positive momentum (bullish)
🟥 Red bars: negative momentum (bearish)
⚙️ Signals
LONG signal (green triangle) → squeeze just released + bullish momentum.
SHORT signal (red triangle) → squeeze just released + bearish momentum.
Gray background → Squeeze ON (low volatility / compression).
Includes a cooldown mechanism to prevent multiple false triggers.
💡 Trading Idea
1️⃣ Wait for a gray background (market compression).
2️⃣ When white dots and a triangle appear → volatility is expanding.
3️⃣ Trade in the direction of momentum (green for longs, red for shorts).
4️⃣ Use ATR or price structure for stops and targets.
⚙️ Recommended Settings
Market BB Len KC Len BB Mult KC Mult Momentum Len
Crypto (15m–1h) 20 20 2.0 1.5 12
Futures / FX (1h–4h) 20 20 2.0 1.5 20
🔔 Alerts
LONG Squeeze → breakout upward confirmed
SHORT Squeeze → breakout downward confirmed
Enable alerts in TradingView’s Alert Manager once added to the chart.
🧾 Credits
Created with ❤️ by WS Trading Tools
Built in Pine Script v6
Based on the classic TTM Squeeze logic with custom momentum and configurable cooldown.
© 2025 GuidoT | WS Trading Tools
Uptrick: Universal Market ValuationIntroduction
Uptrick: Universal Market Valuation is created for traders who seek an analytical tool that brings together multiple signals in one place. Whether you focus on intraday scalping or long-term portfolio management, the indicator merges various well-known technical indicators to help gauge potential overvaluation, undervaluation, and trend direction. It is engineered to highlight different market dimensions, from immediate price momentum to extended cyclical trends.
Overview
The indicator categorizes market conditions into short-term, long-term, or a classic Z-Score style reading. Additionally, it draws on a unified trend line for directional bias. By fusing elements from traditionally separate indicators, the indicator aims to reduce “false positives” while giving a multidimensional view of price behavior. The indicator works best on cryptocurrency markets while remaining a universal valuation indicator that performs well across all timeframes. However, on lower timeframes, the Long-Term Combo input may be too long-term, so it's recommended to select the Short-Term Combo in the inputs for better adaptability.
Originality and Value
The Uptrick: Universal Market Valuation indicator is not just a simple combination of existing technical indicators—it introduces a multi-layered, adaptive valuation model that enhances signal clarity, reduces false positives, and provides traders with a more refined assessment of market conditions.
Rather than treating each included indicator as an independent signal, this script normalizes and synthesizes multiple indicators into a unified composite score, ensuring that short-term and long-term momentum, mean reversion, and trend strength are all dynamically weighted based on market behavior. It employs a proprietary weighting system that adjusts how each component contributes to the final valuation output. Instead of static threshold-based signals, the indicator integrates adaptive filtering mechanisms that account for volatility fluctuations, drawdowns, and momentum shifts, ensuring more reliable overbought/oversold readings.
Additionally, the script applies Z-Score-based deviation modeling, which refines price valuation by filtering out extreme readings that are statistically insignificant. This enhances the detection of true overvaluation and undervaluation points by comparing price behavior against a dynamically calculated standard deviation threshold rather than relying solely on traditional fixed oscillator bands. The MVRV-inspired ratio provides a unique valuation layer by incorporating historical fair-value estimations, offering deeper insight into market overextension.
The Universal Trend Line within the indicator is designed to smooth trend direction while maintaining responsiveness to market shifts. Unlike conventional trend indicators that may lag significantly or produce excessive false signals, this trend-following mechanism dynamically adjusts to changing price structures, helping traders confirm directional bias with reduced noise. This approach enables clearer trend recognition and assists in distinguishing between short-lived pullbacks and sustained market movements.
By merging momentum oscillators, trend strength indicators, volume-driven metrics, statistical deviation models, and long-term valuation principles into a single framework, this indicator eliminates the need for juggling multiple individual indicators, helping traders achieve a holistic market perspective while maintaining customization flexibility. The combination of real-time alerts, dynamic color-based valuation visualization, and customizable trend-following modes further enhances usability, making it a comprehensive tool for traders across different timeframes and asset classes.
Inputs and Features
• Calculation Window (Short-Term and Long-Term)
Defines how much historical data the indicator uses to evaluate the market. A smaller window makes the indicator more reactive, benefiting high-frequency traders. A larger window provides a steadier perspective for longer-term holders.
• Smoothing Period (Short-Term and Long-Term)
Controls how much the raw indicator outputs are “smoothed out.” Lower values reveal subtle intraday fluctuations, while higher values aim to present more robust, stable signals.
• Valuation Mechanism (Short Term Combo, Long Term Combo, Classic Z-Score)
Allows you to pick how the indicator evaluates overvaluation or undervaluation. Short Term Combo focuses on rapid oscillations, Long Term Combo assesses market health over more extended periods, and the Classic Z-Score approach highlights statistically unusual price levels.
Short-Term
• Determination Mechanism (Strict or Loose)
Governs the tolerance for labeling a market as overvalued or undervalued. Strict requires stronger confirmation; Loose begins labeling sooner, potentially catching moves earlier but risking more false signals.
Strict
Loose
• Select Color Scheme
Lets you choose the aesthetic style for your charts. Visual clarity can significantly improve reaction time, especially when multiple indicators are combined.
• Z-Score Coloring Mode (Heat or Slope)
Determines how the Classic Z-Score line and bars are colored. In Heat mode, the indicator intensifies color as readings move further from a baseline average. Slope mode changes color based on the direction of movement, making turning points more evident.
Classic Z-Score - Heat
Classic Z-Score - Slope
• Trend Following Mode (Short, Long, Extra Long, Filtered Long)
Offers various ways to compute and smooth the universal trend line. Short is more sensitive, Long and Extra Long are meant for extended time horizons, and Filtered Long applies an extra smoothing layer to help you see overarching trends rather than smaller fluctuations.
Short Term
Long Term
Extra Long Term
Filtered Long Term
• Table Display
An optional feature that places a concise summary table on the chart. It shows valuation states, trend direction, volatility condition, and other metrics, letting you observe multi-angle readings at a glance.
• Alerts
Multiple alert triggers can be set up—for crossing into overvaluation zones, for abrupt changes in trend, or for high volatility detection. Traders can stay informed without needing to watch charts continuously.
Why These Indicators Were Merged
• RSI (Relative Strength Index)
RSI is a cornerstone momentum oscillator that interprets speed and change of price movements. It has widespread recognition among traders for detecting potential overbought or oversold conditions. Including RSI provides a tried-and-tested layer of momentum insight.
• Stochastic Oscillator
This oscillator evaluates the closing price relative to its recent price range. Its responsiveness makes it valuable for pinpointing near-term price fluctuations. Where RSI offers a broader momentum picture, Stochastic adds fine-tuned detection of short-lived rallies or pullbacks.
• MFI (Money Flow Index)
MFI assesses buying and selling pressure by incorporating volume data. Many technical tools are purely price-based, but MFI’s volume component helps address questions of liquidity and actual money flow, offering a glimpse of how robust or weak a current move might be.
• CCI (Commodity Channel Index)
CCI shows how far price lies from its statistically “typical” trend. It can spot emerging trends or warn of overextension. Using CCI alongside RSI and Stochastic further refines the valuation layer by capturing price deviation from its underlying trajectory.
• ADX (Average Directional Index)
ADX reveals the strength of a trend but does not specify its direction. This is especially useful in combination with other oscillators that focus on bullish or bearish momentum. ADX can clarify whether a market is truly trending or just moving sideways, lending deeper context to the indicator's broader signals.
• MACD (Moving Average Convergence Divergence)
MACD is known for detecting momentum shifts via the interaction of two moving averages. Its inclusion ensures the indicator can capture transitional phases in market momentum. Where RSI and Stochastic concentrate on shorter-term changes, MACD has a slightly longer horizon for identifying robust directional changes.
• Momentum and ROC (Rate of Change)
Momentum and ROC specifically measure the velocity of price moves. By indicating how quickly (or slowly) price is changing compared to previous bars, they help confirm whether a trend is gathering steam, losing it, or is in a transitional stage.
• MVRV-Inspired Ratio
Drawn loosely from the concept of comparing market value to some underlying historical or fair-value metric, an MVRV-style ratio can help identify if an asset is trading above or below a considered norm. This additional viewpoint on valuation goes beyond simple price-based oscillations.
• Z-Score
Z-Score interprets how many standard deviations current prices deviate from a central mean. This statistical measure is often used to identify extreme conditions—either overly high or abnormally low. Z-Score helps highlight potential mean reversion setups by showing when price strays far from typical levels.
By merging these distinct viewpoints—momentum oscillators, trend strength gauges, volume flow, standard deviation extremes, and fundamental-style valuation measures—the indicator aims to create a well-rounded, carefully balanced final readout. Each component serves a specialized function, and together they can mitigate the weaknesses of a single metric acting alone.
Summary
This indicator simplifies multi-indicator analysis by fusing numerous popular technical signals into one tool. You can switch between short-term and long-term valuation perspectives or adopt a classic Z-Score approach for spotting price extremes. The universal trend line clarifies direction, while user-friendly color schemes, optional tabular summaries, and customizable alerts empower traders to maintain awareness without constantly monitoring every market tick.
Disclaimer
The indicator is made for educational and informational use only, with no claims of guaranteed profitability. Past data patterns, regardless of the indicators used, never ensure future results. Always maintain diligent risk management and consider the broader market context when making trading decisions. This indicator is not personal financial advice, and Uptrick disclaims responsibility for any trading outcomes arising from its use.
WaveTrend Divergences, Candle Colouring and TP Signal [LuciTech]WaveTrend is a momentum-based oscillator designed to track trend strength, detect divergences, and highlight potential take-profit zones using Bollinger Bands. It provides a clear visualization of market conditions to help traders identify trend shifts and exhaustion points.
The WaveTrend Oscillator consists of a smoothed momentum line (WT Line) and a signal line, which work together to indicate trend direction and possible reversals. When the WT Line crosses above the signal line, it suggests bullish momentum, while crossing below signals bearish momentum.
Candle colouring changes dynamically based on WaveTrend crossovers. If the WT Line crosses above the signal line, candles turn bullish. If the WT Line crosses below the signal line, candles turn bearish. This provides an immediate visual cue for trend direction.
Divergence Detection identifies when price action contradicts the WaveTrend movement.
Bullish Divergence appears when price makes a lower low, but the WT Line forms a higher low, suggesting weakening bearish pressure.
Bearish Divergence appears when price makes a higher high, but the WT Line forms a lower high, indicating weakening bullish pressure.
Plus (+) Divergences are stronger signals that occur when the first pivot of the divergence happens at an extreme level—above +60 for bearish divergence or below -60 for bullish divergence. These levels suggest the market is overbought or oversold, making the divergence more significant.
Bollinger Band Signals highlight potential take-profit zones by detecting when the WT Line moves beyond its upper or lower Bollinger Band.
If the WT Line crosses above the upper band, it signals stretched bullish momentum, suggesting a possible pullback or reversal.
If the WT Line crosses below the lower band, it indicates stretched bearish momentum, warning of a potential bounce.
How It Works
The WaveTrend momentum calculation is based on an EMA-smoothed moving average to filter out noise and provide a more reliable trend indication.
The WT Line (momentum line) fluctuates based on market momentum.
The signal line smooths out the WT Line to help identify trend shifts.
When the WT Line crosses above the signal line, it suggests buying pressure, and when it crosses below, it indicates selling pressure.
Divergences are detected by comparing pivot highs and lows in price with pivot highs and lows in the WT Line.
A pivot forms when a local high or low is confirmed after a certain number of bars.
The indicator tracks whether price action and the WT Line are making opposite movements.
If a divergence occurs and the first pivot was beyond ±60, it is marked as a Plus Divergence, making it a stronger reversal signal.
Bollinger Bands are applied directly to the WT Line instead of price, identifying when the WT Line moves outside its volatility range. This helps traders recognize when momentum is overstretched and a potential reversal or retracement is likely.
Settings
Channel Length (default: 8) controls the period used to calculate the WT Line.
Average Length (default: 16) smooths the WT Line for better trend detection.
Divergences (on/off) enables or disables divergence plotting.
Candle colouring (on/off) applies or removes trend-based candle colour changes.
Bollinger Band Signals (on/off) toggles take-profit signals when the WT Line crosses the bands.
Bullish/Bearish colours allow customization of divergence and signal colours.
Interpretation
The WaveTrend Oscillator helps traders assess market momentum and trend strength.
Crossovers between the WT Line and signal line indicate potential trend reversals.
Divergences warn of weakening momentum and possible reversals, with Plus Divergences acting as stronger signals.
Bollinger Band Crosses highlight areas where momentum is overstretched, signaling potential profit-taking opportunities.
Power Play Signal Indicator [Masky18]Power Play Signal Indicator
The Power Play Signal Indicator is a sophisticated custom trading strategy designed to identify high-probability breakout and breakdown opportunities by combining consolidation detection, trend alignment, volume analysis, and relative strength ranking. Unlike simple mashups of existing indicators, this script integrates multiple technical concepts into a cohesive strategy that helps traders capitalize on market momentum with precision.
What Makes This Indicator Unique?
The PowerPlay Signal Indicator is not just a combination of existing indicators; it is a custom-built strategy that uses original logic to filter out low-probability setups and focus on high-quality trading opportunities. Here’s how it works:
Consolidation Detection:
The script identifies consolidation zones by analyzing price action over a user-defined period (default: 6 bars). It calculates the high, low, and midpoint of the consolidation range and ensures the price stays within a specified percentage range (default: 13%).
Consolidations are classified as Tight, Loose, or Okay, helping traders gauge the strength of the potential breakout or breakdown.
Breakout & Breakdown Logic:
Breakouts and breakdowns are confirmed using a combination of:
Price Action: The script checks if the price closes above the consolidation high (breakout) or below the consolidation low (breakdown).
Volume Analysis: A significant volume spike (default: 20% increase) is required to confirm the move.
MACD & Moving Averages: The script uses MACD and moving averages (50-day and 200-day) to ensure the breakout/breakdown aligns with the prevailing trend.
Trend Alignment:
The script ensures trades are aligned with the long-term trend by using:
50-day SMA and 200-day SMA to confirm uptrends or downtrends.
150-day SMA as an additional filter to ensure the trend is strong.
52-week high/low conditions to ensure the price is in a favorable position relative to its historical range.
Relative Strength Ranking:
The script compares the asset’s performance against a benchmark asset (e.g., SPY) to ensure it is outperforming the market. This is done using a customizable Relative Strength (RS) Threshold (default: 70).
Golden Candle Signals:
For high-probability setups, the script identifies Golden Candles—strong breakout or breakdown candles with:
Large price movement (default: 7.5% to 12.5% candle size).
High volume (default: 2x the average consolidation volume).
Alignment with MACD and moving averages.
Risk Management:
The script provides stop loss, trailing stop, and take profit levels based on:
ATR (Average True Range): Dynamic stop loss levels are calculated using ATR (default: 14-period ATR with a 2x multiplier).
Trailing Stop Percentage: User-defined trailing stop (default: 2%).
Take Profit Percentage: User-defined take profit (default: 5%).
Performance Tracking:
The script includes a Performance Table that tracks:
Total breakouts and breakdowns.
Successful and failed trades.
Win rates for breakouts and breakdowns.
Golden candle signals.
How Does It Work?
The PowerPlay Signal Indicator combines the following key components to generate signals:
Consolidation Detection:
The script calculates the high, low, and midpoint of the consolidation range over a user-defined period.
It ensures the price stays within a specified percentage range (default: 13%) to confirm consolidation.
Breakout/Breakdown Confirmation:
A breakout is confirmed when:
The price closes above the consolidation high.
Volume increases by at least 20%.
MACD is positive and above the signal line.
The price is above the 50-day and 200-day SMAs.
A breakdown is confirmed when:
The price closes below the consolidation low.
Volume increases by at least 20%.
MACD is negative and below the signal line.
The price is below the 50-day and 200-day SMAs.
Golden Candle Signals:
Golden Candles are identified when:
The candle size is between 7.5% and 12.5%.
Volume is at least 2x the average consolidation volume.
The candle aligns with the prevailing trend and MACD.
Risk Management:
Stop loss levels are calculated using ATR (default: 14-period ATR with a 2x multiplier).
Trailing stop and take profit levels are based on user-defined percentages.
How to Use the Indicator
Input Parameters:
Consolidation Periods: Set the number of bars to analyze for consolidation (default: 6).
Maximum Consolidation Range: Define the maximum percentage range for consolidation (default: 13%).
Stop Loss Factor: Adjust the stop loss multiplier based on the midpoint of the consolidation range (default: 0.985).
RS Threshold: Set the relative strength threshold for trend alignment (default: 70).
Comparison Asset: Enable comparison with a benchmark asset (e.g., SPY) to ensure the asset is outperforming the market.
Trailing Stop Percentage: Set the trailing stop percentage (default: 2%).
Take Profit Percentage: Set the take profit percentage (default: 5%).
Time Exit Bars: Define the maximum number of bars to hold a trade (default: 10).
Interpreting Signals:
Breakout Signal: A green label ("BO") appears when a breakout is detected.
Breakdown Signal: A red label ("BD") appears when a breakdown is detected.
Golden Candle Signal: A gold medal icon (🥇) appears for high-probability setups.
Performance Table:
The performance table displays the number of trades, successful trades, failed trades, and win rates for breakouts and breakdowns.
Alerts:
Enable alerts for breakouts, breakdowns, and golden candles to stay informed about potential trading opportunities.
Why Choose the PowerPlay Signal Indicator?
Original Logic: Combines consolidation detection, trend alignment, volume analysis, and relative strength ranking into a unique strategy.
High-Probability Signals: Focuses on high-quality setups with strong volume and trend alignment.
Risk Management: Built-in stop loss, trailing stop, and take profit options help you manage risk effectively.
Performance Tracking: Tracks trade outcomes and win rates to help you refine your strategy.
Customizable: Fully adjustable inputs allow you to adapt the indicator to your trading style and market conditions.
ZenAlgo - QZenAlgo - Q
Description
ZenAlgo - Q is an oscillator based on the QQE (Quantitative Qualitative Estimation) method. This version incorporates refinements for additional visualization and interpretation options. It is designed to help traders observe momentum changes and divergence patterns in price movements.
Key Features
QQE-Based Calculation : Derived from the open-source QQE script by Glaz (Metastock Version of QQE), with modifications for alternative visualization.
Dual RSI-Based Analysis : Uses two RSI calculations to provide additional context on price movements.
Adaptive Trend Bands : Adjust dynamically based on the market conditions.
Divergence Identification : Highlights potential differences between price action and oscillator movement.
Dynamic Color Coding : Displays histogram bars to illustrate shifts in oscillator values.
Configurable Alerts : Enables notifications for specific oscillator conditions.
How It Works
The indicator calculates a smoothed RSI-based oscillator that tracks the relative strength of price movement. It applies an exponential moving average (EMA) smoothing to reduce noise while maintaining responsiveness.
Two adaptive bands are calculated using a variation of the QQE method, which helps define dynamic overbought and oversold conditions.
The histogram bars shift in color based on the position of the oscillator relative to the bands. Lighter shades indicate weaker momentum, while stronger momentum is represented by more saturated colors.
The script also includes a secondary RSI component, which provides an additional layer of analysis. This secondary RSI helps refine momentum trends by smoothing out short-term fluctuations.
Divergence identification is built-in, highlighting where price action deviates from oscillator readings. Bullish divergence occurs when price forms a lower low while the oscillator forms a higher low, and bearish divergence is identified when price forms a higher high while the oscillator forms a lower high.
The indicator does not generate buy or sell signals but instead provides contextual information that can be used alongside other trading strategies.
Use Cases
Trend Observation : Traders can use the histogram to observe whether momentum is strengthening or weakening over time. A shift in color can indicate a potential change in trend strength.
Divergence Analysis : By comparing oscillator divergence with price movement, traders can identify situations where price action may be losing momentum. Divergences do not guarantee reversals but can serve as an early warning to re-evaluate positions.
Momentum Tracking : The dual RSI structure allows users to monitor both short-term and long-term momentum. When both RSI components are aligned, it suggests a more stable trend, while divergence between them may indicate potential consolidation or trend shifts.
Supplementary Analysis : This indicator is best used as a supporting tool alongside volume-based or trend-following indicators. It helps visualize underlying price behavior but should not be used in isolation for decision-making.
Market Context Interpretation : The combination of adaptive bands and histogram visualization allows traders to assess how recent price action compares to historical movement, helping to place current conditions in a broader market context.
Attribution
This script is an adaptation of the open-source QQE script originally developed by Glaz. We acknowledge and appreciate the original author's work, which served as a foundation for our modifications.
Disclaimer
This indicator is intended for informational purposes only. It should not be interpreted as financial advice. Always conduct independent research and risk management before making trading decisions.
COT Trendfilter + SignalsCOT Trendfilter + Signals Indicator
Data Processing and Usage: The COT indicator processes Commitments of Traders (COT) data provided by the CFTC. Users can select from various participant groups, including Commercials, Large Speculators, and Small Speculators. However, it is important to note that the signal logic of the indicator is exclusively applicable to the net positions of Commercials. This is because Commercials tend to trade contrarily, meaning their trading decisions often run against the prevailing market trend.
Functionality of the Indicators
1. Cycle COT
The cCOT is an enhanced version of the classic RSI. It incorporates additional smoothing based on market vibrations, along with adaptive upper and lower bands based on cyclical memory. The cCOT uses the current dominant cycle length as input and highlights trading signals when the signal line crosses above or below the adaptive bands. Compared to the standard RSI, the cCOT responds more quickly to market movements.
For detailed information on the cCOT, please refer to Chapter 4 "Fine tuning technical indicators" in the book "Decoding the Hidden Market Rhythm, Part 1" by Lars von Thienen.
2. Adaptive Ultra-Smooth Momentum Indicator
The Adaptive Ultra-Smooth Momentum Indicator (CSI) provides an optimized momentum oscillator based on the current dominant cycle. It addresses three common issues with standard indicators: excessive false signals, signal delay, and the need for length adjustments. The CSI offers adaptive smoothing, zero delay, and accurate detection of turning points.
For further information about the CSI, please refer to Chapter 10 "Cycle Swing Indicator: Trading the swing of the dominant cycle" in the book "Decoding the Hidden Market Rhythm, Part 1" by Lars von Thienen.
Signals and Validation
The indicator generates various trading signals:
cCOT:
A buy signal is indicated by an airplane emoji (🛫), while a sell signal is marked by another airplane emoji (🛬).
COT Momentum:
A buy signal is shown by the symbol “∿” in green, while a sell signal is represented by the same symbol in red.
Standard COT Index (Willco):
A buy signal is depicted by a “B” (in green), while a sell signal is shown by an “S” (in red).
Additionally, the validity of the signals is checked. If a previous signal becomes invalid in the following week, it is marked with a gray “x,” indicating that these signals may not be reliable. Users can also switch between net positions, long, and short to analyze the most relevant data for them.
Background Color
The color in the channel can indicate the strength of the Commercials' long-term trend. A channel background color signals an active long-, short-term trend, while no color suggests that there is no clear long-term trend present.
Strange behavior
When only a sharp spike is displayed and the rest is flat, the length settings of the Cycle Length Index should be increased. This can occur when the length is too short, resulting in an unusual spike to properly generate the channel.
Disclaimer
The use of this indicator and the generated signals is at your own risk. The author assumes no responsibility for trading decisions made based on these signals. Please be aware that trading financial instruments involves risks.
Xtrender and TSI FusionXtrender and TSI Fusion Indicator
I created this indicator for myself. I was inspired by the indicators created by Bjorgum, Duyck and QuantTherapy and decided to create multiple indicators that either work well combined with their indicators or something new that applies some of their indicator concepts. I decided to share all of the indicator I have created because I believe in learning and earing together as a community. If you guys have any questions or suggestions write them.
Overview: The Xtrender and TSI Fusion Indicator is a powerful tool designed to help traders analyze market momentum, trends, and potential reversals. By combining Xtrender with the True Strength Index (TSI), this indicator provides a comprehensive view of market dynamics, making it easier to identify trading opportunities.
Image: Timeframe is set to daily
Features:
1.Xtrender Analysis:
Short-Term Xtrender: Visualizes short-term momentum using RSI-based calculations on EMA differences. This helps in identifying immediate market trends and pullbacks.
Image above: showcases Short-Term Xtrender
Xtrender T3: A smoothed version of the Xtrender that reduces noise and highlights significant trend changes.
Image above: showcases Xtrender T3 with Xtrender T3 color
2.TSI (True Strength Index):
TSI Value: Measures momentum by comparing price changes over two time periods, offering a clear view of trend strength.
TSI Signal Line: A smoothed version of the TSI value, used to generate buy and sell signals when crossed by the TSI.
Image: showcases TSI Value with TSI Signal Line
TSI Histogram: Shows the difference between the TSI and its signal line, highlighting potential reversals and trend continuations.
Image: showcases TSI Histogram
3.Color Coding and Visual Cues:
Trend Colors: The indicator uses dynamic colors to represent bullish or bearish conditions, making it easy to interpret market sentiment.
Background Color : The background changes color based on TSI signals, further aiding in visual trend analysis.
Image: showcases Background color and Zero line
How to Use
1.Xtrender Analysis:
Short-Term Xtrender: The short-term Xtrender is plotted as columns, changing color based on its direction and value. Green or lime indicates positive momentum, while red or maroon indicates negative momentum.
Xtrender T3: The Xtrender T3 line (black) represents a smoothed version of the short-term Xtrender, providing a clearer picture of the overall trend. The color of this line changes based on the Xtrender's value, helping you spot potential trend changes.
2.TSI (True Strength Index):
TSI Value and Signal Line: The TSI value is plotted as a line, with its color changing based on its relationship to the signal line. A crossover of the TSI above the signal line suggests a potential bullish move, while a crossover below indicates a bearish trend.
TSI Histogram: The histogram represents the difference between the TSI and its signal line. Positive values indicate bullish momentum, while negative values suggest bearish momentum.
3.Background Color:
The background color changes based on the TSI signal, with a greenish hue indicating bullish conditions and a reddish hue indicating bearish conditions. This provides a quick visual reference for market sentiment.
4.Zero Line:
A horizontal gray dotted line at the zero level helps you easily identify when the Xtrender or TSI crosses into positive or negative territory, signaling potential trend shifts.
Image above: Timeframe on daily with the individual elements combined
Example of Use:
•Trend Confirmation: Use the Xtrender and Xtrender T3 to confirm the direction of the trend. If both are aligned with the same color and direction, it increases the probability of a strong trend.
•Momentum Reversals: Watch for TSI crosses and histogram shifts to identify potential reversals. For example, a TSI crossover above its signal line with a corresponding change in the histogram from negative to positive could signal a buying opportunity.
•Pullbacks: Identify pullbacks within a trend by observing temporary shifts in the short-term Xtrender or TSI histogram. Use these signals to enter trades in the direction of the overall trend.
Image above: Showcases, Trend confirmation, reversal and pullbacks on daily timeframe.
Customization:
•TSI Speed: Choose between "Fast" and "Slow" TSI settings based on your trading style. Fast settings are more responsive to price changes, while slow settings offer smoother signals.
•Color Settings: Customize the colors for bullish, bearish, and neutral TSI conditions to match your personal preferences or chart theme.
This indicator is versatile and can be used for various trading strategies, from trend following to momentum trading, making it a valuable tool in any trader's arsenal.
My Scripts/Indicators/Ideas /Systems that I share are only for educational purposes
Momentum Covariance Oscillator by TenozenWell, guess what? A new indicator is here! Again it's a coincidence, as I experiment with my formula. So far it's less noisy than Autoregressive Covariance Oscillator, so possibly this one is better. The formula is much simpler, care me to explain.
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Yt = close - previous average
Val = Yt/close
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Welp that's the formula lol. Funny thing is that it's so simple, but it's good! What matters is the use of it haha.
So how to use this Oscillator? If the value is above 0, we expect a bullish response, if the value is below 0 we expect a bearish response. That simple. Ciao.
(Any questions and suggestions? feel free to comment!)
QZMOM & ADX PRO+The Momentum Squeeze Indicator is a momentum oscillator that indicates how explosively the price will move. Its first known version was called "TTM Squeeze" by John Carter explained in his book "Mastering the Trade" (chapter 11) and popularized in TradingView by a developer named LazyBear.
The black crosses on the center line show that the market has just entered a consolidation. This means low volatility, the market is preparing for an explosive move (up or down). The gray crosses mean the "Squeeze". Carter suggests waiting until the first gray after a black cross and taking a position in the direction of the oscillator. For its part, LazyBear recommends using an additional indicator such as ADX to improve the effectiveness of entry points and position closures.
Oscillator understanding improvements:
During the indicator creation process we were able to better understand the logic of the oscillator and based on that knowledge we implemented improvements.
Oscillator development improvements:
Side panel:
The ADX algorithm was incorporated, which is displayed numerically on the right panel of the indicator, shows the value of ADX and its directionality.
Added an arrow pointer to indicate oscillator directionality.
Two exponential moving averages of 11 and 55 periods have been added to the right panel, this will mark if the trend is bullish or bearish depending on the crossover of the EMAs.
An indicator of the Indicator Squeeze was also included, which marks the periods of price consolidation (OFF) and the periods in which the price should react explosively.
Added a feature that allows automatic color changing of the panels based on the color of the oscillator and the ADX.
o ADX: Dark green (bullish force).
o ADX: Light green (loss of bullish strength).
o ADX: Dark red (bearish force).
o ADX: Light red (loss of bearish strength).
o ADX: Orange (loss of strength, disinterest and low volume).
Signs:
A very famous strategy that we have learned is that of the trading expert Jaime Merino, who by combining the Momentum Squeeze Indicator and a ADX común, logró vincular eficientemente la debilidad del ADX con el inicio de un momentum alcista o bajista. La parametrización de su estrategia se señaló en alertas de compra y venta, que se representan de la siguiente manera:
B (Comprar): se activa cuando un movimiento bajista marcado por el ADX (pendiente negativa) termina y el oscilador toma direccionalidad alcista (impulso alcista).
S (Vender): se activa cuando un movimiento alcista marcado por el ADX (pendiente negativa) termina y el oscilador toma direccionalidad bajista (momentum bajista).
Filter:
To prevent any trader from trading against the trend, a filter was added that limits bearish entry alerts when the trend is up and vice versa, that is, when the EMA 10 is above the EMA 55, it is understood that the trend is up in that time frame, therefore bearish entry alerts will not be triggered. It will be the decision of each trader to activate or deactivate this function.
Alerts:
This is without a doubt the most awaited function for all Latin American traders, (Just kidding), but being aware, I am very proud of the implementation of alerts for each improvement made to this indicator, if you decide to use the Momentum Squeeze Indicator you can automate alerts for the following actions:
Buy and sell alerts.
Alerts to activate the Squeeze to (ON).
Oscillator quadrant change alerts
or bullish momentum.
or bearish momentum.
o Bullish force.
o Bearish force.
Recommendations:
One of the things that became clearer in the development of this indicator is the coloring of the dials, which is why we recommend the use of four colors, one for each oscillator grid.
Momentum ArrowsThis simple indicators paints the Momentum based on Stochastic, RSI or WaveTrend onto the Price Chart by showing Green or Red arrows.
In the settings it can be selected which indicator is used, Stochastic is selected by default.
Length of the arrows is determined by the strength of the momentum:
Stochastic: Difference between D and K
RSI: Difference from RSI-50
WaveTrend: Difference between the Waves
(Thanks to @LazyBear for the WaveTrend inspiration)
PS:
If anyone has an idea how to conditionally change the color of the arrows, then please let me know - that would be the icing on the cake. Then it would be possible to indicate Overbought/Oversold levels with different colors.
Unfortunately it currently seems not to be possible to dynamically change the arrow colour.
Top Goon X
Momentum based indicator
various signals for various parameters
bull/bear divergence will be seen as the dots with blue being bearish and yellow being bullish
the red X and green + are top and bottom signals per TGX
white flag appears respectably on top and bottom when all parameters are met bullshly or bearishly
Watch for TGX to reset while it rest just under resistance for a bullish set up
or
for TGX to run while sitting on top of support for bearish set up
TGX will trend in the upper parallel when bullish and bottom when bearish
towards the end of the trend is when you will see TGX "reset" for one last push up, albeit that push can run as long as it the market wants
@satoshiiheavy
Technical Analysis for www.cryptocurrentlyvip.com
GTOGTO is a easy to understand and use script
it just uses candle closes and other variables to gauge momentum that is then plotted on top of the chart
teal = bullish
salmon = bearish
you want them plotting while in your desired trade, if you are long and bearishness starts showing may be good toexit vise versa
Red X is BULL fatigue or can other wise be seen as bearish
Green X is the opposite
@satoshiiheavy
Technical Analyst for www.cryptcurrentlyvip.com
momentum spread strategy ilkerThis script is the opposite of a traditional mean-reversion pairs trading strategy. It is a "Cointegration Breakdown" or "Momentum Divergence" tool.
Instead of betting on a spread's Z-Score to revert to 0, this strategy is designed to identify when the statistical relationship (the "elastic band") has snapped. It then provides signals to trade with the momentum as the spread diverges.
It filters for true breakouts by waiting for a "Momentum Regime," which is confirmed only when the pair's relationship becomes statistically unstable.
## 📈 Key Features
1. The Momentum Regime (Blue Background)
This is the core of the indicator. The background turns BLUE to signal a "Momentum Regime". This is the only time you should look for a momentum trade.
The blue background activates only if TWO conditions are met simultaneously:
• 1. Relationship Instability: The pair's relationship is broken. This is confirmed when either the rolling Correlation Z-Score (purple line) breaks down OR the Volatility Ratio (orange line) becomes unstable.
• 2. Divergence Confirmation: The Half-Life calculation (from our v2.8 script) shows "N/A (Divergent)" in the dashboard. This mathematically confirms the mean-reverting force (\lambda) is gone (it has turned positive) and the spread is statistically diverging.
If the background is GRAY, the script is in a "Neutral" or "Mean-Reversion" state, and all momentum signals should be ignored.
2. Momentum Breakout Signals
This strategy inverts the Z-Score logic. The 0-line is not a profit target; it is the breakout line.
• BUY Signal (Blue Triangle ▲): Appears only if the background is BLUE and the Z-Score (blue line) crosses ABOVE 0. This is your long momentum entry.
• SELL Signal (Fuchsia Triangle ▼): Appears only if the background is BLUE and the Z-Score crosses BELOW 0. This is your short momentum entry.
3. Built-in Trade Management
• Take Profit (X Cross): Your profit target is the outer band. The script plots an 'X' when the Z-Score hits the +2.0 band (for longs) or the -2.0 band (for shorts).
• Stop Loss (X Cross): Your stop is a failure of the momentum. The script plots an 'X' if the Z-Score re-crosses the 0-line against your trade.
4. Full Quant Dashboard
All the statistical components are plotted for analysis:
• Price Z-Score (Blue Line): Your primary momentum indicator.
• Z-Score Correlation (Purple Line): Lets you visually confirm the correlation breakdown.
• Volatility Ratio (Orange Line): Lets you visually confirm the volatility spike.
• Half-Life Dashboard: Confirms the regime by showing "N/A (Divergent)".
## 🛠 How to Use (Required Setup)
IMPORTANT: This indicator is designed to run on a spread chart (e.g., M2K/MES or MGC/SIL).
1. Load your spread chart first (e.g., type M2K/MES in the ticker bar).
2. Add this indicator to the chart.
3. Go into the indicator's Settings (⚙).
4. In the "Inputs" tab, you MUST fill in the two individual tickers:
• Ticker du Symbole 1 (REQUIS): M2K
• Ticker du Symbole 2 (REQUIS): MES
5. The script uses these two inputs to calculate the Volatility and Correlation filters. The main Z-Score is calculated from the spread chart itself.
This tool is for traders who want to capture explosive divergence moves that happen during fundamental news or regime changes, while filtering out the "noise" of stable, mean-reverting periods.
Momentum Quant Spread IlkerThis script is the opposite of a traditional mean-reversion pairs trading strategy. It is a "Cointegration Breakdown" or "Momentum Divergence" tool.
Instead of betting on a spread's Z-Score to revert to 0, this strategy is designed to identify when the statistical relationship (the "elastic band") has snapped. It then provides signals to trade with the momentum as the spread diverges.
It filters for true breakouts by waiting for a "Momentum Regime," which is confirmed only when the pair's relationship becomes statistically unstable.
## 📈 Key Features
1. The Momentum Regime (Blue Background)
This is the core of the indicator. The background turns BLUE to signal a "Momentum Regime". This is the only time you should look for a momentum trade.
The blue background activates only if TWO conditions are met simultaneously:
• 1. Relationship Instability: The pair's relationship is broken. This is confirmed when either the rolling Correlation Z-Score (purple line) breaks down OR the Volatility Ratio (orange line) becomes unstable.
• 2. Divergence Confirmation: The Half-Life calculation (from our v2.8 script) shows "N/A (Divergent)" in the dashboard. This mathematically confirms the mean-reverting force (\lambda) is gone (it has turned positive) and the spread is statistically diverging.
If the background is GRAY, the script is in a "Neutral" or "Mean-Reversion" state, and all momentum signals should be ignored.
2. Momentum Breakout Signals
This strategy inverts the Z-Score logic. The 0-line is not a profit target; it is the breakout line.
• BUY Signal (Blue Triangle ▲): Appears only if the background is BLUE and the Z-Score (blue line) crosses ABOVE 0. This is your long momentum entry.
• SELL Signal (Fuchsia Triangle ▼): Appears only if the background is BLUE and the Z-Score crosses BELOW 0. This is your short momentum entry.
3. Built-in Trade Management
• Take Profit (X Cross): Your profit target is the outer band. The script plots an 'X' when the Z-Score hits the +2.0 band (for longs) or the -2.0 band (for shorts).
• Stop Loss (X Cross): Your stop is a failure of the momentum. The script plots an 'X' if the Z-Score re-crosses the 0-line against your trade.
4. Full Quant Dashboard
All the statistical components are plotted for analysis:
• Price Z-Score (Blue Line): Your primary momentum indicator.
• Z-Score Correlation (Purple Line): Lets you visually confirm the correlation breakdown.
• Volatility Ratio (Orange Line): Lets you visually confirm the volatility spike.
• Half-Life Dashboard: Confirms the regime by showing "N/A (Divergent)".
## 🛠 How to Use (Required Setup)
IMPORTANT: This indicator is designed to run on a spread chart (e.g., M2K/MES or MGC/SIL).
1. Load your spread chart first (e.g., type M2K/MES in the ticker bar).
2. Add this indicator to the chart.
3. Go into the indicator's Settings (⚙).
4. In the "Inputs" tab, you MUST fill in the two individual tickers:
• Ticker du Symbole 1 (REQUIS): M2K
• Ticker du Symbole 2 (REQUIS): MES
5. The script uses these two inputs to calculate the Volatility and Correlation filters. The main Z-Score is calculated from the spread chart itself.
This tool is for traders who want to capture explosive divergence moves that happen during fundamental news or regime changes, while filtering out the "noise" of stable, mean-reverting periods.
Luxy Adaptive MA Cloud - Trend Strength & Signal Tracker V2Luxy Adaptive MA Cloud - Professional Trend Strength & Signal Tracker
Next-generation moving average cloud indicator combining ultra-smooth gradient visualization with intelligent momentum detection. Built for traders who demand clarity, precision, and actionable insights.
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WHAT MAKES THIS INDICATOR SPECIAL?
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Unlike traditional MA indicators that show static lines, Luxy Adaptive MA Cloud creates a living, breathing visualization of market momentum. Here's what sets it apart:
Exponential Gradient Technology
This isn't just a simple fill between two lines. It's a professionally engineered gradient system with 26 precision layers using exponential density distribution. The result? An organic, cloud-like appearance where the center is dramatically darker (15% transparency - where crossovers and price action occur), while edges fade gracefully (75% transparency). Think of it as a visual "heat map" of trend strength.
Dynamic Momentum Intelligence
Most MA clouds only show structure (which MA is on top). This indicator shows momentum strength in real-time through four intelligent states:
- 🟢 Bright Green = Explosive bullish momentum (both MAs rising strongly)
- 🔵 Blue = Weakening bullish (structure intact, but momentum fading)
- 🟠 Orange = Caution zone (bearish structure forming, weak momentum)
- 🔴 Deep Red = Strong bearish momentum (both MAs falling)
The cloud literally tells you when trends are accelerating or losing steam.
Conditional Performance Architecture
Every calculation is optimized for speed. Disable a feature? It stops calculating entirely—not just hidden, but not computed . The 26-layer gradient only renders when enabled. Toggle signals off? Those crossover checks don't run. This makes it one of the most efficient cloud indicators available, even with its advanced visual system.
Zero Repaint Guarantee
All signals and momentum states are based on confirmed bar data only . What you see in historical data is exactly what you would have seen trading live. No lookahead bias. No repainting tricks. No signals that "magically" appear perfect in hindsight. If a signal shows in history, it would have triggered in real-time at that exact moment.
Educational by Design
Every single input includes comprehensive tooltips with:
- Clear explanations of what each parameter does
- Practical examples of when to use different settings
- Recommended configurations for scalping, day trading, and swing trading
- Real-world trading impact ("This affects entry timing" vs "This is visual only")
You're not just getting an indicator—you're learning how to use it effectively .
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THE GRADIENT CLOUD - TECHNICAL DETAILS
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Architecture:
26 precision layers for silk-smooth transitions
Exponential density curve - layers packed tightly near center (where crossovers happen), spread wider at edges
75%-15% transparency range - center is highly opaque (15%), edges fade gracefully (75%)
V-Gradient design - emphasizes the action zone between Fast and Medium MAs
The Four Momentum States:
🟢 GREEN - Strong Bullish
Fast MA above Medium MA
Both MAs rising with momentum > 0.02%
Action: Enter/hold LONG positions, strong uptrend confirmed
🔵 BLUE - Weak Bullish
Fast MA above Medium MA
Weak or flat momentum
Action: Caution - bullish structure but losing strength, consider trailing stops
🟠 ORANGE - Weak Bearish
Medium MA above Fast MA
Weak or flat momentum
Action: Warning - bearish structure developing, consider exits
🔴 RED - Strong Bearish
Medium MA above Fast MA
Both MAs falling with momentum < -0.02%
Action: Enter/hold SHORT positions, strong downtrend confirmed
Smooth Transitions: The momentum score is smoothed using an 8-bar EMA to eliminate noise and prevent whipsaws. You see the true trend , not every minor fluctuation.
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FLEXIBLE MOVING AVERAGE SYSTEM
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Three Customizable MAs:
Fast MA (default: EMA 10) - Reacts quickly to price changes, defines short-term momentum
Medium MA (default: EMA 20) - Balances responsiveness with stability, core trend reference
Slow MA (default: SMA 200, optional) - Long-term trend filter, major support/resistance
Six MA Types Available:
EMA - Exponential; faster response, ideal for momentum and day trading
SMA - Simple; smooth and stable, best for swing trading and trend following
WMA - Weighted; middle ground between EMA and SMA
VWMA - Volume-weighted; reflects market participation, useful for liquid markets
RMA - Wilder's smoothing; used in RSI/ADX, excellent for trend filters
HMA - Hull; extremely responsive with minimal lag, aggressive option
Recommended Settings by Trading Style:
Scalping (1m-5m):
Fast: EMA(5-8)
Medium: EMA(10-15)
Slow: Not needed or EMA(50)
Day Trading (5m-1h):
Fast: EMA(10-12)
Medium: EMA(20-21)
Slow: SMA(200) for bias
Swing Trading (4h-1D):
Fast: EMA(10-20)
Medium: EMA(34-50)
Slow: SMA(200)
Pro Tip: Start with Fast < Medium < Slow lengths. The gradient works best when there's clear separation between Fast and Medium MAs.
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CROSSOVER SIGNALS - CLEAN & RELIABLE
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Golden Cross ⬆ LONG Signal
Fast MA crosses above Medium MA
Classic bullish reversal or trend continuation signal
Most reliable when accompanied by GREEN cloud (strong momentum)
Death Cross ⬇ SHORT Signal
Fast MA crosses below Medium MA
Classic bearish reversal or trend continuation signal
Most reliable when accompanied by RED cloud (strong momentum)
Signal Intelligence:
Anti-spam filter - Minimum 5 bars between signals prevents noise
Clean labels - Placed precisely at crossover points
Alert-ready - Built-in ALERTS for automated trading systems
No repainting - Signals based on confirmed bars only
Signal Quality Assessment:
High-Quality Entry:
Golden Cross + GREEN cloud + Price above both MAs
= Strong bullish setup ✓
Low-Quality Entry (skip or wait):
Golden Cross + ORANGE cloud + Choppy price action
= Weak bullish setup, likely whipsaw ✗
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REAL-TIME INFO PANEL
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An at-a-glance dashboard showing:
Trend Strength Indicator:
Visual display of current momentum state
Color-coded header matching cloud color
Instant recognition of market bias
MA Distance Table:
Shows percentage distance of price from each enabled MA:
Green rows : Price ABOVE MA (bullish)
Red rows : Price BELOW MA (bearish)
Gray rows : Price AT MA (rare, decision point)
Distance Interpretation:
+2% to +5%: Healthy uptrend
+5% to +10%: Getting extended, caution
+10%+: Overextended, expect pullback
-2% to -5%: Testing support
-5% to -10%: Oversold zone
-10%+: Deep correction or downtrend
Customization:
4 corner positions
5 font sizes (Tiny to Huge)
Toggle visibility on/off
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HOW TO USE - PRACTICAL TRADING GUIDE
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STRATEGY 1: Trend Following
Identify trend : Wait for GREEN (bullish) or RED (bearish) cloud
Enter on signal : Golden Cross in GREEN cloud = LONG, Death Cross in RED cloud = SHORT
Hold position : While cloud maintains color
Exit signals :
• Cloud turns ORANGE/BLUE = momentum weakening, tighten stops
• Opposite crossover = close position
• Cloud turns opposite color = full reversal
STRATEGY 2: Pullback Entries
Confirm trend : GREEN cloud established (bullish bias)
Wait for pullback : Price touches or crosses below Fast MA
Enter when : Price rebounds back above Fast MA with cloud still GREEN
Stop loss : Below Medium MA or recent swing low
Target : Previous high or when cloud weakens
STRATEGY 3: Momentum Confirmation
Your setup triggers : (e.g., chart pattern, support/resistance)
Check cloud color :
• GREEN = proceed with LONG
• RED = proceed with SHORT
• BLUE/ORANGE = skip or reduce size
Use gradient as confluence : Not as primary signal, but as momentum filter
Risk Management Tips:
Never enter against the cloud color (don't LONG in RED cloud)
Reduce position size during BLUE/ORANGE (transition periods)
Place stops beyond Medium MA for swing trades
Use Slow MA (200) as final trend filter - don't SHORT above it in uptrends
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PERFORMANCE & OPTIMIZATION
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Tested On:
Crypto: BTC, ETH, major altcoins
Stocks: SPY, AAPL, TSLA, QQQ
Forex: EUR/USD, GBP/USD, USD/JPY
Indices: S&P 500, NASDAQ, DJI
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TRANSPARENCY & RELIABILITY
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Educational Focus:
Detailed tooltips on every input
Clear documentation of methodology
Practical examples in descriptions
Teaches you why , not just what
Open Logic:
Momentum calculation: (Fast slope + Medium slope) / 2
Smoothing: 8-bar EMA to reduce noise
Thresholds: ±0.02% for strong momentum classification
Everything is transparent and explainable
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COMPLETE FEATURE LIST
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Visual Components:
26-layer exponential gradient cloud
3 customizable moving average lines
Golden Cross / Death Cross labels
Real-time info panel with trend strength
MA distance table
Calculation Features:
6 MA types (EMA, SMA, WMA, VWMA, RMA, HMA)
Momentum-based cloud coloring
Smoothed trend strength scoring
Conditional performance optimization
Customization Options:
All MA lengths adjustable
All colors customizable (when gradient disabled)
Panel position (4 corners)
Font sizes (5 options)
Toggle any feature on/off
Signal Features:
Anti-spam filter (configurable gap)
Clean, non-overlapping labels
Built-in alert conditions
No repainting guarantee
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IMPORTANT DISCLAIMERS
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This indicator is for educational and informational purposes only
Not financial advice - always do your own research
Past performance does not guarantee future results
Use proper risk management - never risk more than you can afford to lose
Test on paper/demo accounts before using with real money
Combine with other analysis methods - no single indicator is perfect
Works best in trending markets; less effective in choppy/sideways conditions
Signals may perform differently in different timeframes and market conditions
The indicator uses historical data for MA calculations - allow sufficient lookback period
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CREDITS & TECHNICAL INFO
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Version: 2.0
Release: October 2025
Special Thanks:
TradingView community for feedback and testing
Pine Script documentation for technical reference
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SUPPORT & UPDATES
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Found a bug? Comment below with:
Ticker symbol
Timeframe
Screenshot if possible
Steps to reproduce
Feature requests? I'm always looking to improve! Share your ideas in the comments.
Questions? Check the tooltips first (hover over any input) - most answers are there. If still stuck, ask in comments.
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Happy Trading!
Remember: The best indicator is the one you understand and use consistently. Take time to learn how the cloud behaves in different market conditions. Practice on paper before going live. Trade smart, manage risk, and may the trends be with you! 🚀
Momentum_EMABand📢 Reposting Notice
I am reposting this script because my earlier submission was hidden due to description requirements under TradingView’s House Rules. This updated version fully explains the originality, the reason for combining these indicators, and how they work together. Follow me for future updates and refinements.
🆕 Momentum EMA Band, Rule-Based System
Momentum EMA Band is not just a mashup — it is a purpose-built trading tool for intraday traders and scalpers that integrates three complementary technical concepts into a single rules-based breakout & retest framework.
Originality comes from the specific sequence and interaction of these three filters:
Supertrend → Sets directional bias.
EMA Band breakout with retest logic → Times precise entries.
ADX filter → Confirms momentum strength and avoids noise.
This system is designed to filter out weak setups and false breakouts that standalone indicators often fail to avoid.
🔧 How the Indicator Works — Combined Logic
1️⃣ EMA Price Band — Dynamic Zone Visualization
Plots upper & lower EMA bands (default: 9-period EMA).
Green Band → Price above upper EMA = bullish momentum
Red Band → Price below lower EMA = bearish pressure
Yellow Band → Price within band = neutral zone
Acts as a consolidation zone and breakout trigger level.
2️⃣ Supertrend Overlay — Reliable Trend Confirmation
ATR-based Supertrend adapts to volatility:
Green Line = Uptrend bias
Red Line = Downtrend bias
Ensures trades align with the prevailing trend.
3️⃣ ADX-Based No-Trade Zone — Choppy Market Filter
Manual ADX calculation (default: length 14).
If ADX < threshold (default: 20) and price is inside EMA Band → gray background marks low-momentum zones.
🧩 Why This Mashup Works
Supertrend confirms trend direction.
EMA Band breakout & retest validates the breakout’s strength.
ADX ensures the market has enough trend momentum.
When all align, entries are higher probability and whipsaws are reduced.
📈 Example Trade Walkthrough
Scenario: 5-minute chart, ADX threshold = 20.
Supertrend turns green → trend bias is bullish.
Price consolidates inside the yellow EMA Band.
ADX rises above 20 → trend momentum confirmed.
Price closes above the green EMA Band after retesting the band as support.
Entry triggered on candle close, stop below band, target based on risk-reward.
Exit when Supertrend flips red or ADX momentum drops.
This sequence prevents premature entries, keeps trades aligned with trend, and avoids ranging markets.
🎯 Key Features
✅ Multi-layered confirmation for precision trading
✅ Built-in no-trade zone filter
✅ Fully customizable parameters
✅ Clean visuals for quick decision-making
⚠ Disclaimer: This is Version 1. Educational purposes only. Always use with risk management.
Momentum ScopeOverview
Momentum Scope is a Pine Script™ v6 study that renders a –1 to +1 momentum heatmap across up to 32 lookback periods in its own pane. Using an Augmented Relative Momentum Index (ARMI) and color shading, it highlights where momentum strengthens, weakens, or stays flat over time—across any asset and timeframe.
Key Features
Full-Spectrum Momentum Map : Computes ARMI for 1–32 lookbacks, indexed from –1 (strong bearish) to +1 (strong bullish).
Flexible Scale Gradation : Choose Linear or Exponential spacing, with adjustable expansion ratio and maximum depth.
Trending Bias Control : Apply a contrast-style curve transform to emphasize trending vs. mean-reverting behavior.
Duotone & Tritone Palettes : Select between two vivid color styles, with user-definable hues for bearish, bullish, and neutral momentum.
Compact, Overlay-Free Display : Renders solely in its own pane—keeping your price chart clean.
Inputs & Customization
Scale Gradation : Linear or Exponential spacing of intervals
Scale Expansion : Ratio governing step-size between successive lookbacks
Scale Maximum : Maximum lookback period (and highest interval)
Trending Bias : Curve-transform bias to tilt the –1 … +1 grid
Color Style : Duotone or Tritone rendering modes
Reducing / Increasing / Neutral Colors : Pick your own hues for bearish, bullish, and flat zones
How to Use
Add to Chart : Apply “Momentum Scope” as a separate indicator.
Adjust Scale : For exponential spacing, switch your indicator Y-axis to Logarithmic .
Set Bias & Colors : Tweak Trending Bias and choose a palette that stands out on your layout.
Interpret the Heatmap :
Red tones = weakening/bearish momentum
Green tones = strengthening/bullish momentum
Neutral hues = indecision or flat momentum
Copyright © 2025 MVPMC. Licensed under MIT. For full license see opensource.org
Momentum Trend Bands (MTB)📌 What Is the Momentum Trend Bands (MTB) Indicator?
The Momentum Trend Bands (MTB) is a custom-built trend detection indicator that blends momentum and volatility into a dynamic, visual system. Its core goal is to help traders identify the beginning and strength of a trend earlier than traditional tools like moving averages, while filtering out market noise.
🧠 What Is It Built On?
The indicator is built on two foundational concepts:
1. Rate of Change (ROC): This measures the speed at which the price is moving. We use a fast and a slow version of ROC and then calculate their difference. This difference gives us a momentum signal — it shows whether the price is gaining upward or downward strength.
2. Standard Deviation (Volatility): This shows how much the price fluctuates. By calculating it over a certain period, we can measure market noise and filter out weak, insignificant moves that might otherwise cause false signals.
Together, momentum shows direction, and volatility shows confidence.
🛠️ How Does It Work?
• The core of the indicator is a smoothed momentum signal, representing the net difference between fast and slow momentum.
• Around this signal, we build upper and lower bands — these are dynamic boundaries that expand or contract based on volatility.
• When the momentum breaks above or below these bands, it signals a strong directional move — suggesting the start or continuation of a trend.
The bands also serve a visual filter:
• If momentum stays within the bands, it implies the market is consolidating or ranging.
• When it exits the bands decisively, it implies strength in that direction.
📈 How to Use It?
1. Trend Entry:
o When the momentum signal rises above the upper band, it suggests a strong bullish trend may be starting.
o When the signal drops below the lower band, it indicates a bearish trend.
2. Stay Out of Chop:
o If the signal moves sideways within the bands, it’s best to avoid trading — the market is likely consolidating or ranging.
3. Visual Confirmation:
o The background color changes with the trend: green for bullish, red for bearish, gray for neutral. This makes it quick to read visually.
4. Signal Arrows:
o Small up or down arrows appear when trends begin, serving as early entry points.
⚙️ What Kind of Market Does It Work Best In?
• Trending Markets: MTB shines in markets with strong directional movement — whether up or down. It's designed to pick up momentum early and hold through trend continuation.
• Volatile Instruments: The built-in volatility filter helps in markets like crypto or commodities where price action is fast and erratic.
• Avoid Flat or Low-Volume Conditions: In sideways markets, MTB may stay gray or flip often — these are not ideal times to trade using this indicator alone.
💎 Why Is It Unique?
Unlike many indicators that react slowly (like moving averages) or trigger too often (like raw momentum), MTB balances early detection with reliability. Its unique combination of:
• ROC difference for directional intent,
• Smoothing for signal clarity,
• Bands scaled by volatility for robustness,
…makes it stand apart from commonly available indicators on platforms like TradingView.
MACD-V with Volatility Normalisation [DCD]MACD-V with Volatility Normalisation
This indicator is a modified version of the traditional MACD, designed to account for market volatility by normalizing the MACD line using the Average True Range (ATR). It provides a more adaptive approach to identifying momentum shifts and potential trend reversals. This indicator was developed by Alex Spiroglou in this paper:
Spiroglou, Alex, MACD-V: Volatility Normalised Momentum (May 3, 2022).
Features:
Volatility Normalization: The MACD line is adjusted using ATR to standardize its values across different market conditions.
Customizable Parameters: Users can adjust the MACD fast length, slow length, signal line smoothing, and ATR length to suit their trading style.
Histogram Visualization: The histogram highlights the difference between the MACD and signal lines, with customizable colors for positive and negative momentum.
Crossover Signals: Green and red dots indicate bullish and bearish crossovers between the MACD and signal lines.
Background Highlighting: The chart background changes to green when the MACD is above 0 and red when it is below 0, providing a clear visual cue for bullish and bearish conditions.
Horizontal Levels: Dotted horizontal lines are plotted at key levels for better visualization of MACD values.
How to Use:
Look for crossovers between the MACD and signal lines to identify potential buy or sell signals.
Use the histogram to gauge the strength of momentum.
Pay attention to the background color for quick identification of bullish (green) or bearish (red) conditions.
This indicator is ideal for traders who want a more dynamic MACD that adapts to market volatility. Customize the settings to align with your trading strategy and timeframe.
Relative Directional Index (RDI)🔍 Overview
The Relative Directional Index (RDI) is a hybrid tool that fuses the Average Directional and the Relative Strength Indices (ADX and RSI) into a single, highly visual interface. While the former captures trend strength, the latter reveals momentum shifts and potential exhaustion. Together, they can confirm trend structure, anticipate reversals, and sharpen the timing entries and exits.
📌 Why Combine ADX with RSI?
Most indicators focus on either trend-following (like ADX) or momentum detection (like RSI)—but rarely both. Each comes with trade-offs:
- ADX alone confirms trend strength but ignores momentum.
- RSI alone signals overbought/oversold, but lacks trend context.
The RDI resolves this by integrating both, offering:
- Smarter filters for trend entries
- Early warnings of momentum breakdowns
- More confident signal validation
🧠 Design Note: Fibonacci Harmony
All default values—5, 13, 21—are Fibonacci numbers. This is intentional, as these values reflect the natural rhythm of market cycles, and promote harmonic calibration between price action and indicator logic.
🔥 Key Features
✅ ADX Histogram
- Green bars = trend gaining strength
- Red bars = trend weakening
- Adjustable transparency for visual tuning
✅ ADX Line (Orange)
- Measures trend strength over time
- Rising = accelerating trend
- Falling = trend may be fading
✅ RSI Line (Lemon Yellow)
- Captures momentum surges and slowdowns
- Above 50 = bullish control
- Below 50 = bearish pressure
✅ Trend Strength Squares
- Bright green = strong uptrend
- Bright red = strong downtrend
- Faded colors = range-bound or indecisive
✅ ADX/RSI Crossover Markers
- Yellow square = RSI crosses above ADX → momentum building
- Orange square = ADX crosses above RSI → trend still dominant
✅ Customizable Reference Lines
- Yellow (50) = strong trend threshold
- Red (30) = weak trend zone
- Green (70) = overextended, potential exhaustion
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🎯 How to Trade with the RDI
The RDI helps traders identify momentum-supported trends, catch early reversals, and avoid false signals during consolidation.
✅ Trend Confirmation Entries
🔼 Bullish → Enter long on pullbacks or resistance breakouts
- ADX rising above 30
- RSI above 50
- Green trend square visible
🔽 Bearish → Enter short on breakdowns or failed retests
- ADX rising
- RSI below 50
- Red trend square visible
🧯 Exit if RSI crosses back against trend direction or ADX flattens
🚨 Reversal Setups Using Divergence
📈 Bullish Divergence → Long entry after confirmation (e.g. engulfing bar, volume spike)
- Price prints lower low
- RSI prints higher low
- Green triangle
📉 Bearish Divergence → Short entry on breakdown
- Price prints higher high
- RSI prints lower high
- Red triangle
Tip: Stronger if ADX is declining (fading trend strength)
🔂 Breakout Detection via Cross Markers
- Yellow square = RSI > ADX → breakout brewing
- Orange square = ADX > RSI → trend continuation likely
⏸️ Avoid Choppy Markets
- RSI between 45–55
- Faded trend squares
- Flat ADX below 20–30
🧠 Pro Tips
- Combine RDI with VWAPs, moving averages and/or pitchforks
- Watch for alignment between trend and momentum
- Use divergence markers as confirmation, not stand-alone triggers
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⚠️ Hidden Divergence (Optional)
The RDI includes optional hidden divergence detection. These signals suggest trend continuation but are off by default. Use with discretion—best in established trends, not sideways markets.
🙈 Hidden Bullish
- Price prints higher low
- RSI prints lower low
🙈 Hidden Bearish
- Price prints lower high
- RSI prints higher high
Momentum Cycle Oscillator (MCO)1. Concept and Inspiration
The Momentum Cycle Oscillator (MCO) is a unique indicator designed to combine volatility and momentum into a unified tool for identifying market cycles. Traditional indicators often isolate either momentum (e.g., RSI) or volatility (e.g., Bollinger Bands), but the MCO bridges the gap by synthesizing these dimensions into one oscillating signal. By measuring price acceleration (momentum) and range consistency (volatility), the MCO aims to detect when a price cycle is shifting from contraction to expansion or vice versa, signaling potential trend reversals or continuations. Its zero-centered design provides a clear demarcation between bullish and bearish cycles.
2. Mathematical Structure
The MCO is built on two foundational components: the volatility factor and the momentum factor. The volatility factor quantifies the price range over a defined period, highlighting market consistency and expansion. Meanwhile, the momentum factor assesses the rate of change in smoothed closing prices, revealing directional acceleration. These two factors are multiplied to create the raw MCO value, which is further smoothed to reduce noise and improve readability. The resulting oscillator fluctuates around zero, with positive values indicating upward cycles and negative values signaling downward cycles.
3. Practical Applications
The MCO excels in identifying cycle turning points, where the market transitions from a bearish phase to a bullish phase or vice versa. Traders can use the zero line as a reference: a crossover from below to above zero suggests a potential buy signal, while a crossover from above to below zero indicates a sell signal. The MCO’s unique blend of volatility and momentum also helps detect shifts in trend strength, making it valuable in both trending and ranging markets. Its histogram visualization further aids traders by emphasizing the magnitude and direction of market momentum.
4. Innovative Features
What sets the MCO apart is its ability to adapt dynamically to market conditions. By fusing two dimensions of market behavior—volatility and momentum—it provides a holistic view of price action. Unlike traditional indicators that rely heavily on recursion (e.g., EMA), the MCO’s straightforward calculation reduces lag, ensuring timely signals. Furthermore, its use of normalized components allows it to function effectively across diverse assets and timeframes without extensive parameter tuning. This makes it particularly versatile for both intraday traders and long-term investors.
5. Limitations and Potential
While the MCO is robust, it is not immune to challenges. In highly choppy or low-volume markets, the indicator may generate false signals, as volatility and momentum can be erratic. Additionally, its performance depends on proper parameter calibration, with periods requiring adjustment to align with the asset’s behavior. However, its creative approach to combining volatility and momentum offers immense potential for refinement and customization. With proper backtesting and optimization, the MCO could become a staple tool for traders seeking a comprehensive yet simple way to interpret market cycles.
Pip hunter 1-Minute Scalping Strategy [manesisnet]NOTE: This is my first attempt to write an indicator using pine script and it's not recommended for serious trading, just use it for your own research or feel free to create your own versions based on the below.
Overview: The "1-Minute Scalping Strategy" is a custom TradingView indicator designed for short-term traders looking to capitalize on quick price movements in the 1-minute timeframe. This strategy combines moving averages and the Relative Strength Index (RSI) to generate buy and sell signals while filtering out potential false entries by confirming trends on a higher timeframe.
How It Works:
Moving Averages:
The indicator uses two Simple Moving Averages (SMAs):
A fast SMA (5-period) for short-term price movements.
A slow SMA (20-period) to identify the overall trend.
Buy signals are generated when the fast SMA crosses above the slow SMA, indicating bullish momentum.
Sell signals occur when the fast SMA crosses below the slow SMA, indicating bearish momentum.
Higher Time Frame Confirmation:
To enhance the accuracy of the signals, the strategy checks the trend on a higher timeframe (default is 5 minutes).
A buy signal is only valid if the current price is above the higher timeframe SMA, confirming that the overall trend is bullish.
A sell signal is only valid if the current price is below the higher timeframe SMA, confirming a bearish trend.
This confirmation helps avoid false breakouts and ensures that trades are aligned with the prevailing market direction.
Relative Strength Index (RSI):
The RSI is used to assess market momentum and potential reversal points.
The indicator calculates a 14-period RSI to identify overbought and oversold conditions.
For buy signals, the RSI must be below 60 (indicating the market is not overbought).
For sell signals, the RSI must be above 40 (indicating the market is not oversold).
This helps to filter out trades that might occur during extreme market conditions.
Visual Representation:
The fast SMA (5-period) is plotted in blue, the slow SMA (20-period) in red, and the higher timeframe SMA in orange.
Buy signals are indicated with a green label below the bar, while sell signals are indicated with a red label above the bar.
This visual representation allows traders to quickly identify potential entry points.
Alerts:
The script includes alert conditions for buy and sell signals, enabling traders to receive notifications when the conditions for entering trades are met.
