HT Momentum Indicator [ ZCrypto ]
The HT Momentum Indicator is a technical analysis tool that uses the Hyperbolic Tangent (tanh) function to measure momentum in a trading instrument.
This indicator is plotted as a histogram, with positive values indicating bullish momentum and negative values indicating bearish momentum.
Here are the main features and settings of the HT Momentum Indicator:
Source: This setting allows you to choose the price data used to calculate the momentum indicator. By default, the indicator uses the (High+Low+Close)/3 price, but you can select other options such as the open, high, or low prices.
Period: This setting determines the number of periods used in the momentum calculation. By default, the indicator uses a period of 14, but you can adjust this to suit your trading style and the market you are trading.
Show Fast/Slow/VWAP: These settings allow you to choose whether or not to display the fast and slow exponential moving averages (EMAs) and the volume-weighted average price (VWAP) on the chart.
Fast Length/Slow Length/VWAP Length: These settings allow you to adjust the length of the fast and slow EMAs and the VWAP calculation.
Bull Color/Bear Color: These settings allow you to choose the colors for the bullish and bearish histograms.
Zero Line: This indicator also includes a horizontal line at the zero level to help you identify when momentum is transitioning from bullish to bearish or vice versa.
The HT Momentum Indicator can be used to identify trends, momentum shifts, and potential buy/sell signals.
you can use the fast and slow EMAs to identify short-term and long-term trends, respectively, and the VWAP to gauge the strength of buying or selling pressure.
Additionally, the HT Momentum Indicator includes four pre-programmed alert conditions, which can notify you
when the fast EMA crosses above the slow EMA,
when the VWAP crosses above the zero line,
when the histogram transitions from negative to positive values.
when the histogram transitions from negative to positive values and VWAP above zero line
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Honeybridge WickFill & Momentum Shift IndicatorAs the creator of this script, I am proud to introduce the "Honeybridge WickFill & Momentum Shift Indicator," a powerful tool for traders looking to capitalize on market opportunities using these two proven strategies.
WICK FILLS
First, let's take a closer look at the WickFill method. In financial markets, candlestick charts are a popular way to visualize the price movement of a security, derivative, or currency over a specific time period. Each candlestick on the chart is composed of a real body and shadows, with the top of the upper shadow representing the highest price paid during the time period, and the bottom of the lower shadow representing the lowest price paid.
The WickFill method involves placing market orders at the closed price indicated by the candlestick. This means that if a trader using this method sees a long upper wick on a bullish candlestick chart, they may place a buy market order at the closed price of the candlestick with the take profit target at the candlestick high price (the highest price paid during the time period), in the belief that the price is likely to rise. Similarly, if they see a long lower wick on a bearish candle, they may place a sell market order at the closed price of the candlestick with the take profit target at the candlestick low price (the lowest price paid during the time period), in the belief that the price is likely to fall.
The idea behind the WickFill method is that the wicks of candlestick chart patterns can provide valuable information about the price action of a security and the sentiment of market participants. By placing market orders at the prices indicated by the candlesticks close, traders using this method hope to capitalize on potential price movements and maximize their returns.
The image below highlights two Wick Fill opportunities. A signal will be provided at the candle close that says: 'Sell WF' or 'Buy WF'.
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MOMENTUM SHIFT REVERSAL
Now, let's turn to the Momentum Shift method. As the name suggests, this method involves identifying changes in the momentum of the price of a security. Traders who use this method are looking to capitalize on shifts in the strength or direction of the price momentum.
There are various ways to trade based on momentum shifts. For example, a trader may look for a security whose price is trending strongly in one direction and then look for a momentum shift that signals a change in the trend. They may then enter a trade in the direction of the new trend, hoping to ride the momentum of the price movement. Alternatively, a trader may look for a security whose price is moving in a range and then look for a momentum shift that signals a breakout from the range. They may then enter a trade in the direction of the breakout, hoping to capitalize on the momentum of the price movement.
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WICK REJECTION REVERSALS
A second Momentum Shift method is the concept of wick rejection reversal trading opportunities. This is a powerful technique for traders looking to capitalize on market opportunities.
So, what exactly is a wick rejection reversal opportunity? Essentially, it is a situation in which the price of a security rejects a wick (or shadow or tail) of a candlestick chart pattern and then reverses direction. For example, if the price is trending upwards and then encounters resistance at a certain level, it may create a long upper wick on a candlestick chart. If the price then falls back below the level of resistance and continues trending downwards, this could be considered a wick rejection reversal opportunity.
Traders can use the Indicator and signals provided to identify wick rejection reversal opportunities by defining certain conditions. For example, the code includes conditions for identifying a "sell reversal" based on the presence of a green candle with a long upper wick, and an RSI value above a certain threshold. This type of setup may indicate that the price is rejecting the resistance represented by the long upper wick and is likely to continue trending downwards.
Similarly, the code includes conditions for identifying a "buy reversal" based on the presence of a red candle with a long lower wick, and an RSI value below a certain threshold. This type of setup may indicate that the price is rejecting the support represented by the long lower wick and is likely to continue trending upwards.
Traders can find wick rejection reversal opportunities particularly beneficial for several reasons. First, these opportunities can provide clear entry and exit points for trades, which can help traders manage risk and maximize their returns. By identifying a specific level of resistance or support that has been rejected by the price, traders can have a clear idea of where to place their orders and where to set their stop-losses.
Second, wick rejection reversal opportunities can be a reliable indicator of market sentiment and direction. By considering the wicks of candlestick chart patterns, traders can gain a deeper understanding of the forces at work in the market and how market participants are reacting to them. This can help traders make more informed decisions about when to enter or exit trades.
Finally, wick rejection reversal opportunities can be found in a variety of market conditions and across different financial instruments. Whether the market is trending, range-bound, or volatile, traders can use this indicator provided to identify wick rejection reversal opportunities and capitalize on them.
In conclusion, wick rejection reversal opportunities are a valuable technique for traders looking to capitalize on market opportunities and improve their returns. By using the indicator provided and considering the wicks of candlestick chart patterns, traders can identify clear entry and exit points, understand market sentiment, and trade across different market conditions and instruments.
The image below depicts two sell opportunities, the top left is a Momentum Shift example and the top right is a Wick Rejection example. A signal will be shown on the chart at the candle close that says: 'Sell R' or 'Buy R'.
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CONCLUSION
So why might traders find the WickFill and Momentum Shift methods useful? There are several reasons. First, these methods can help traders identify potential trade opportunities that may not be immediately apparent from a simple analysis of price trends or chart patterns. By considering the wicks and momentum of a security's price movement, traders can gain a more nuanced understanding of the forces at work in the market and make more informed decisions about when to enter or exit trades.
Second, the WickFill and Momentum Shift methods can be used in conjunction with other technical analysis tools and techniques. For example, traders may use moving averages, oscillators, and trendlines to help confirm the presence of a WickFill or Momentum Shift opportunity. This can help traders increase the reliability and profitability of their trades.
Finally, the WickFill and Momentum Shift methods can be applied to a wide range of financial instruments, including stocks, forex, futures, and more. This versatility makes them useful for traders with diverse investment portfolios and strategies.
Overall, the WickFill and Momentum Shift methods are powerful tools for traders looking to capitalize on market opportunities and improve their returns. By considering the wicks and momentum of a security's price movement, traders can find profitable trading opportunities.
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FINAL COMMENT
Just like any other indicator or strategy out there, please consider the timeframe and asset that you are using this indicator with. Higher timeframe price action is more reliable than lower timeframe price action. For example, the 4H and Daily timeframes will provide more reliable signals than the 5m timeframe. With regards to assets, the indicator works extremely well with Forex pairs and Commodities, such as Gold.
I hope you enjoy the indicator.
SuperTrend Momentum TableMy goal creating this indicator : Provide a way to see the Past and Current Momentum of multiple different timeframes without using multiple charts.
The Underlying Concept / What is Momentum?
The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When price closes above Supertrend Its bullish Momentum when its below Supertrend its Bearish Momentum.This indicator scans for bullish & bearish Momentum on the Timeframes selected by the user and when there is a shift in momentum on any of those time frames (price closes below or above SUPERTREND ) it notifies the trader with a color change on the Momentum Table.
Back Testing: This indicator will be key for back testing with the SuperTrend-Support-Resistance indicator
since the SuperTrend Momentum Table shows you the visual shift in momentum. Giving the Trader a Clear visual on how Each Support and Resistance Level was made .
Technical Inputs
- If you want to optimize the rate of signals to better fit your trading plan you would change the Factor input and ATR Length input. Increase factor and ATR Length to decrease the frequency of signals and decrease the Factor and ATR Length to increase the frequency of signals.
Quick TIP! : You can Sync all VFX SuperTrend Indicators together! All VFX SuperTrend indicators display unique information but its all derived from that same Momentum Formula. Keep the Factor input and ATR Length the same on other VFX SuperTrend indicators to have them operating on the same data.
Timeframe Inputs
- The indicator has 7 Time frame Displays where you can choose which Time Frames you would like to monitor.
- You can limit the amount of time frames being displayed by changing the Time Frame Amount
Display Inputs
- The trader can specify the bullish and bearish color of all 7 Timeframes
- You can toggle (on or off) the Momentum Switch if you want to highlight the exact candle where momentum switched from bullish to bearish and from bearish to bullish .
How it can be Used ? Check the momentum of other Timeframes and use that information as a variable to structure your trading plan.
- Use Momentum information to track the trend
- Plan and limit trades based on the current Momentum of multiple timeframes
- See if you have higher momentum to fuel your trades
- See breakouts on Multiple Time Frames
Crypto Neo - Blockchain Momentum (BTC Settings)The Crypto Neo - Blockchain Momentum indicator analyzes Bitcoin’s on-chain activity to gauge bullish or bearish trends. It combines multiple on-chain metrics and applies different moving average strategies to assess Bitcoin’s momentum.
This indicator is designed to track key blockchain data sources, such as:
Hash Rate
Active Addresses
Transactions per Second
New Addresses
Trader Behavior
Long-Term Holders (Cruisers)
Money Flow In/Out
Large Transactions Count
It processes these inputs using various Moving Average (MA) types, including SMA, EMA, DMA, to generate a Bullish Momentum Score, which is visually displayed on the chart.
How to Use:
Select MA Type – Choose between SMA, EMA, MIXMA, or DMA to determine how moving averages are applied.
Set MA Lengths – Adjust MA1 Length and MA2 Length to define short-term vs. long-term trend comparison.
Customize Data Sources – Select different on-chain metrics for the indicator to analyze.
Interpret the Bullish Momentum Score:
🟢 Green (Strong Bullish Momentum) – Bullish on-chain signals dominate.
🟡 Yellow (Moderate Bullish Momentum) – Weak bullish trend forming.
⚪ White (Neutral) – No clear trend.
🟠 Orange (Moderate Bearish Momentum) – Weak bearish signals emerging.
🔴 Red (Strong Bearish Momentum) – Bearish on-chain signals dominate.
Important Notes
This indicator does not generate trading signals but helps interpret blockchain trends for informed decision-making.
Since it relies on daily on-chain data, it is best used on the 1D timeframe for accurate readings.
Real-time calculations may vary slightly due to different bar update behaviors.
This indicator is very useful to confirm market turns early. Here are a few an example setups:
1. Back in 2019 on chain metrics started trending up after the market had dumped signaling a very good opportunity to buy.
2. During the 2021 bull market. When the market was forming a top, the on chain metrics started trending down indicating a risk to the downside.
SuperTrend Momentum Chart(My goal creating this indicator) : Provide a quick way to check the current momentum of multiple timeframes. The Smart Momentum Chart was intended to be a live trading tool that should be used when a trader has already defined his edge and no longer needs the past Momentum data.
The Underlying Concept
What is Momentum ?
The Momentum shown is derived from a Mathematical Formula SUPERTREND , when price is above SUPERTREND its bullish Momentum and when its below SUPERTREND its Bearish Momentum. This indicator scans for candle closes on the timeframes you've selected and when there is a shift in momentum it notifies the trader with a color change and an alert if one was set up.
Technical inputs
- If you want to optimize the rate of signals to better fit your trading plan you would change the Factor input and ATR Length input. Increase factor and ATR Length to decrease the frequency of signals and decrease the Factor and ATR Length to increase the frequency of signals.
Quick TIP! : You can Sync all VFX SuperTrend Indicators together! All VFX SuperTrend indicators display unique information but its all derived from that same Momentum Formula. Keep the Factor input and ATR Length the same on other VFX SuperTrend indicators to have them operating on the same data.
Time Frame Inputs
- Your able to fill the chart with up to 8 timeframes
- If You don't need all 8 you can limit the amount to display by changing the "Time Frame Amount"
Display Inputs
- You can change the size of the chart and the color of the text
- You can toggle ON if you want to be signaled when a momentum switch occurs ( bullish to bearish or bearish to bullish )
- Your able to pick the Bullish and Bearish Colors of the Momentum switch
How it can be used ?
- Easily check the momentum of other Timeframes and use that information as a variable in your trading plan.
- quickly glance and know the momentum of any time frame before you enter any trade
- always know the momentum of the higher time frames
- Eliminate the need to switch from current chart
- Get an abundance of information in one location
- Have clear variables to structure your trades around
SuperTrend Momentum Chart(My goal creating this indicator) : Provide a quick way to check the current momentum of multiple timeframes. The Smart Momentum Chart was intended to be a live trading tool that should be used when a trader has already defined his edge and no longer needs the past Momentum data.
The Underlying Concept
What is Momentum ?
The Momentum shown is derived from a Mathematical Formula SUPERTREND , when price is above SUPERTREND its bullish Momentum and when its below SUPERTREND its Bearish Momentum. This indicator scans for candle closes on the timeframes you've selected and when there is a shift in momentum it notifies the trader with a color change and an alert if one was set up.
Technical inputs
- If you want to optimize the rate of signals to better fit your trading plan you would change the Factor input and ATR Length input. Increase factor and ATR Length to decrease the frequency of signals and decrease the Factor and ATR Length to increase the frequency of signals.
Quick TIP! : You can Sync all VFX SuperTrend Indicators together! All VFX SuperTrend indicators display unique information but its all derived from that same Momentum Formula. Keep the Factor input and ATR Length the same on other VFX SuperTrend indicators to have them operating on the same data.
Time Frame Inputs
- Your able to fill the chart with up to 8 timeframes
- If You don't need all 8 you can limit the amount to display by changing the "Time Frame Amount"
Display Inputs
- You can change the size of the chart and the color of the text
- You can toggle ON if you want to be signaled when a momentum switch occurs ( bullish to bearish or bearish to bullish )
- Your able to pick the Bullish and Bearish Colors of the Momentum switch
How it can be used ?
- Easily check the momentum of other Timeframes and use that information as a variable in your trading plan.
- quickly glance and know the momentum of any time frame before you enter any trade
- always know the momentum of the higher time frames
- Eliminate the need to switch from current chart
- Get an abundance of information in one location
- Have clear variables to structure your trades around
SuperTrend Momentum TableMy goal creating this indicator : Provide a way to see the Past and Current Momentum of multiple different timeframes without using multiple charts.
The Underlying Concept / What is Momentum?
The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When price closes above Supertrend Its bullish Momentum when its below Supertrend its Bearish Momentum.This indicator scans for bullish & bearish Momentum on the Timeframes selected by the user and when there is a shift in momentum on any of those time frames (price closes below or above SUPERTREND ) it notifies the trader with a color change on the Momentum Table.
Back Testing: This indicator will be key for back testing with the since the SuperTrend Momentum Table shows you the visual shift in momentum. Giving the Trader a Clear visual on how Each Support and Resistance Level was made .
Technical Inputs
- If you want to optimize the rate of signals to better fit your trading plan you would change the Factor input and ATR Length input. Increase factor and ATR Length to decrease the frequency of signals and decrease the Factor and ATR Length to increase the frequency of signals.
Quick TIP! : You can Sync all VFX SuperTrend Indicators together! All VFX SuperTrend indicators display unique information but its all derived from that same Momentum Formula. Keep the Factor input and ATR Length the same on other VFX SuperTrend indicators to have them operating on the same data.
Timeframe Inputs
- The indicator has 7 Time frame Displays where you can choose which Time Frames you would like to monitor.
- You can limit the amount of time frames being displayed by changing the Time Frame Amount
Display Inputs
- The trader can specify the bullish and bearish color of all 7 Timeframes
- You can toggle (on or off) the Momentum Switch if you want to highlight the exact candle where momentum switched from bullish to bearish and from bearish to bullish .
How it can be Used ? Check the momentum of other Timeframes and use that information as a variable to structure your trading plan.
- Use Momentum information to track the trend
- Plan and limit trades based on the current Momentum of multiple timeframes
- See if you have higher momentum to fuel your trades
- See breakouts on Multiple Time Frames
dize Top & BottomsHi Trader,
the "Tops & Bottoms" indicator is one part of our holistic approach to identifying trading setups. It is one of many indcators of our dize indicator package and should always be used in conjunction with the other dize indicators.
💡 What is the Tops & Bottoms indicator?
The "Tops and Bottoms" indicator is a momentum indicator that gives us clues as to when a market might turn around or how intact the current trend is. When calculating, we use statistical methods that provide us with indications of abnormal market behavior.
The indicator comes with Multi-Timeframe support, which makes it easy to get an overview on what is happening on other timeframes.
💡 How to use it?
The indicator has one calculation parameter. The "Sensitivity" parameter specifies how many candles are considered in the calculation. The resolution parameter instead tells the indicator on which timeframe it should be calculated. Please be aware, that the selected timeframe should always be higher than the displayed chart timeframe.
The upper and lower visual bands of the indicator act as a threshold to detect abnormal market behavior.
Furthermore, the appearance of the indicator can be changed using the selected colors.
Let's have a look:
Using the indicator on the same timeframe:
Using the indicator on a higher timeframe:
🔓 To gain access to this indicator, please read the signature field.
TradeWithAB Signal IndicatorThis indicator specifically designed for Momentum trading by an Intraday trader on index( Nifty , BankNifty ) and Equity stocks. This indicator works with DMI and PRICE ACTIONS which gives automated Buy and Sell signals along with Stop loss and Trailing Stop loss when certain criteria are met. It is not a Holy Grail system that gives you continuous profits and it has some limited downfalls also which can be controlled by proper risk Management and position sizing. This is a premium invite only indicator which can be use after given access to you by us. There are some guidelines on how to use this indicator which are given below and you have to follow these guidelines very strictly to get the maximum results.
Guidelines :-
1. Timeframe - 5 min
2. Period should be changed on daily basis(if required) for index trading.
3. Period value would be basically derived from IND VIX value (closest integer) divided by 2.
Ex 1. If the VIX value is 23.56, then it will be consider as 24. So the period value will be 24/2= 12.
Ex 2. If the VIX value is 23.10, then it will be considered as 24. So the period value will be 24/2= 12.
Ex 3. If the VIX value is 22.88, then it will be considered as 22. So the period value will be 22/2= 11.
4. Period value should be fixed at 20 for equity stocks.
5. DO NOT take any SWING or POSITIONAL trade with this indicator.
6. You have to take almost all the trade generated by this indicator on a particular stock/index for better results.
7. Signal confirmation is required for enter the trade as it will give you maximum profits.
8. GREEN TRIANGLE is represented as BUY Signal whereas RED TRIANGLE is represented as SELL Signal.
9. GREEN ARROW is considered as BUY TRAILING STOP LOSS as well as BUY RE-ENTRY for some scenarios.
10. RED ARROW is considered as SELL TRAILING STOP LOSS and SELL RE-ENTRY for some scenarios.
11. You have to avoid entering a trade on a round level zone. Eg- Banknifty 37000,35500,40000 etc etc.
BUY Trade Management :-
1. Trade should be initiated if and only if there is a buy signal(Green Triangle) is generated with confirmation of its respective indices (Recent candle of respective index should be similar to the signal candle).
*in case of BankNifty , Nifty will be its respective index and vice-versa.
2. You should only enter the trade at the CLOSE of the signal generated candle.
3. Your Stop loss should be placed at the LOW of the signal generated candle.
4. There is a trailing Stop loss signal (Green Arrow) after the buying signal is generated.
5. You should trail your Stop loss at the LOW of the trailing Stop loss signal generated candle.
6. You should trail your Stop loss repeatedly until your trailing Stop loss got hit and hence Exit your buy trade.
7. After Exiting the trade you have always option to re-enter at the next trailing Stop loss signal(green arrow) generated candle CLOSE and put your Stop loss at LOW of that candle and repeat the same trailing stop loss procedures.
SELL Trade Management :-
1. Trade should be initiated if and only if there is a sell signal(Red Triangle) is generated with confirmation of its respective indices (Recent candle of respective index should be similar to the signal candle).
*in case of BankNifty , Nifty will be its respective index and vice-versa.
2. You should only enter the trade at the CLOSE of the signal generated candle.
3. Your Stop loss should be placed at the HIGH of the signal generated candle.
4. There is a trailing Stop loss signal (Red Arrow) after the selling signal is generated.
5. You should trail your Stop loss at the HIGH of the trailing Stop loss signal generated candle.
6. You should trail your Stop loss repeatedly until your trailing Stop loss got hit and hence Exit your sell trade.
7. After Exiting the trade you have always option to re-enter at the next trailing Stop loss signal(red arrow) generated candle CLOSE and put your Stop loss at HIGH of that candle and repeat the same trailing stop loss procedures.
Disclaimer :-
*I am not a SEBI Registered Analyst and shall not be liable for any profit, loss or liability resulting, directly or indirectly from the use and results of the indicator. This is not a Holy Grail setup, sometimes the traders hit Stop loss and sometimes it gives amazing results as well.
Instructions to access to this invite-only script:-
*Send us a message if you wish to gain access to this indicator. The subscribers will get benefits of any future development or updates in the current script without any extra charges. Other trading style like swing and positional trading will also available in future updates.
Sumon Pal Momentum and Volume StrategyThis is a momentum and volume based strategy.
1. Barcolor is GREEN -> When Momentum is in green region and Volume is also in green region
2. Barcolor is RED -> When Momentum is in red region and Volume is in red region.
3. Barcolor is YELLOW -> Volume and Momentum is not going in same direction. Staying away from trading is good in this scenario.
Blue Star -> Long signal when Volume and Momentum both turns green.
Entry -> Closing (as per your desired timeframe) above High + 50% range of the signal bar.
Initial StopLoss -> As marked in the chart (ATR based SL)
Exit --> Two Approaches. Also check the 4th point in "Word of Caution"
1. Approach 1
a) 50% position can be liquidated at Target 1. Rest Stop Loss at entry price
b) 50% of rest position t target 2. Rest stop loss at target 3
c) Book all at target 3
2. Approach 2
a) Trail previous bar Trailing Stop Loss as marked in the chart.
As per your timeframe, you can follow ATR based trailing method
Red Star -> Short signal when Volume and Momentum both turns red.
Entry -> Closing (as per your desired timeframe) below Low - 50% range of the signal bar.
Initial StopLoss -> As marked in the chart (ATR based SL)
Exit --> Two Approaches. Also check the 4th point in "Word of Caution"
1. Approach 1
a) 50% position can be liquidated at Target 1. Rest Stop Loss at entry price
b) 50% of rest position t target 2. Rest stop loss at target 3
c) Book all at target 3
2. Approach 2
a) Trail previous bar Trailing Stop Loss as marked in the chart.
As per your timeframe, you can follow ATR based trailing method
Targets plotted in the chart are projected target only based on signal bar ATR. There is no guarantee that target will be met. Exit is more important than entry. In real time, we need to find out which one is best to exit if trade goes in our favor. In a rangebound market, we can consider booking profit near major previous swing, previous day high/low etc. In a trending market we can simply trail. So, exiting is more dependent on the market structure rather than labels plotted on the chart.
To make the chart net & clean, historical signal's entry/exit levels are not marked, only the recent entry/exit labels are plotted.
Fine tuning the entry->
a) You can use momentum and volume osc to check if the current signal is being supported by the momentum & volume osc or not.
b) If any positive divergence is observed in oversold region and signal is generated, don't miss the trade. Similar is applicable in overbought region.
c) If the signal/entry is around price range breakout level followed by volume and momentum support, probability of success is higher.
Word of Caution->
1. Be extra cautious on long in momentum indicator overbought zone.
2. Be extra cautious on short in momentum indicator oversold zone.
3. Ignore signals when Volume & Momentum Osc are flat and not showing any direction
4. Whipsaws could be there in rangebound market. To avoid that I follow the below process:
a) No fresh buy in first 15m (if timeframe is below 5m)
b) after 15m, mark the high low of first 15m min, ignore signals within the first 15m range
c) after 30m, mark the high low of first 30m min, ignore signals within the first 30m range
d) after 60m, mark the high low of first 30m min, ignore signals within the first 60m range
e) if price is within first hour opening range then any sell signal near opening range high can be traded subject to confirmation from volume and momentum. Target
can be near opening hour low. Same for buy signal. But this kind of trade is RISKY and advisable to avoid.
5. Refer only intraday signals for timeframe below 1hr. If signal was generated previous day and gets confirmed today, then do not trade.
6. Look for divergences in momentum osc and manage your current position accordingly.
7. On expiry day(NIFTY/BANKNIFTY), I avoid this strategy because on expiry day generally volatility is high and entry/stop loss is sometime far away.
Lastly, wait for the closing above/below the entry price along with momentum and volume confirmation and follow stop loss religiously.
Disclaimer: Trading in equity is risky. Asses your risk profile before trading. Asses your risk profile and trade by managing proper risk. Backtest this strategy before putting real money in this strategy.
HAPPY TRADING.
GA - Momentum DivergencesGA Momentum Divergences Script highlights Trend Strength, Overbought-Oversold Conditions, Regular-Hidden Divergences. Besides, it shows the Buying-Selling Pressure.
The practical use of any Momentum Curve helps in the comprehension of:
Supply-Demand Absorption.
Thrusts and their shortening.
The reversing and the continuation of the trend.
True Strength of the Trend.
Price Strength.
Increase and Decrease in Buying-Selling Pressure.
You choose which curve to show, according to your needs. There are 2 groups of curves.
Momentum Curves
GA Momentum.
Commodity Channel Index ( CCI ).
Relative Strength Index ( RSI ).
Stochastic %K.
True Strength Indicator ( TSI ).
Money Flow Curves
GA Money Flow.
Chaikin Money Flow.
Money Flow Index.
Every Curve used in this script has 0 as center. This means that RSI and Stochastic Curves wave around 0 and not around 50.
Fractal Algorithm for Pivots and Divergences
GA Momentum script highlights Divergences. This is possible by the Fractal Calculation of Pivot Points .
The sensibility of the algorithm depends on the look back and on the look forward of pivot points . This means that it does not highlight every divergence. But it marks divergences according to settings.
Besides, the interpretation of those divergences depends on the experience of the trader.
This feature has a particular use for the purpose to simplify and optimize. Besides, it is a very important feature provided by the GA Money Flow script.
Regular and Hidden Divergences highlight the weakening and strengthening of the price behavior. They give an anticipation to price changing. Besides, they enforce the judgment on the condition that marks the price continuation.
The Fractal Algorithm can also mark a Channel. This happens enveloping the Curve between its marked pivot points .
Flags and lines mark Divergences in the Curve. GA Momentum Divergences highlights Regular Divergences and Hidden Divergences.
Price and Momentum, Volume and Money Flow
The GA Momentum script works with any marketplace. It uses price variations and volume variations, according to needs and market.
Every curve available in the script is a mathematical discretization of the market. But in those marketplaces that includes the volume you can use Money Flow Curves. Where the volume is missing the Money Flow Curves return zero. In this case, a Momentum Curve is the right choice because it uses the price variations.
GA Momentum and GA Money Flow are formulas built for this script. They include several peculiarities that are a privilege of other functions. This gives a better visual impact by their practical use.
TSI Curve or RSI Curve are the right choices to replace Money Flow Curves where the volume is not available. In the same way, RSI Curve can replace the TSI Curve for the Trend Strength. Then, the RSI Curve is universal. It works on any marketplace giving a lot of information, using it in the right way.
RSI is a slow curve. It waves above and below the middle line, according to the bullish and bearish trend . This is why it incorporates the Trend Strength in its calculation.
Instead, other choices give Faster Momentum Curves that give different advantages and peculiarities. The final result and purpose do not change.
Market Conditions
Overbought and Oversold Conditions could not cause the immediate reversing of the trend. The changing occurs according to Thrusts and their shortening.
This happens by one or more rebounds in the price action. Indeed, this marks hesitation to continue the advancing or the declining of the price.
The Momentum Curve can highlight the absorption of Supply Pressure and Supporting Demand. This precedes the Climactic Point so as a Thrust during the advancing or declining of the price.
True Strength and Money Flow curves follow the trend. They show where the trend is weakening or strengthening.
When these curves rise together with the trend, this confirms the trend. Instead, when these curves hesitate, they are marking a changing.
TSI and Money Flow have advantages. They show the continuation of the trend by its positive or negative value. Besides, they show the shortening of the trend. Moreover, the curve anticipates the shortening of the thrust.
Money Flow Curves highlights the prevailing of Buying Pressure of Selling Pressure. This is possible because their formulas includes the volume . But the TSI discretization that uses prices, works giving a fair result.
This returns an unconditional conclusion. The volume has a high relevance because of the correlation between effort and result. But despite this, the mathematical discretization of the market can work without it.
Short and Long Signal Lines
The GA Momentum plots 2 extra curves to support the market momentum interpretation. They are Exponential Moving Average applied to the momentum curve.
The Short Signal Line follows the main curve and it gives the first crossing for an entry signal. Of course, this is useful only when there are the right condition for an entry point.
Instead, the Long Signal Line exists to be a trending indicator. When the main curve is approaching it, rebounds, the shortening of the thrust, can mark a changing. Following the thrust, these curves become closer and closer for some waves. This becomes better visible by the plotting of the Histogram.
The Histogram shows the difference between the main curve and the Long Signal Line. The distance between those curves becomes relevant and helpful in many circumstances. This highlights the changing in the Strength or Weakness of the trend.
Short and Long Signal Curves can have a partial plotting. This reduces the impact of those curves on screen. The script can show them only when they give a relevant visual impact for the trading practice.
Coloring
GA Momentum Script colors curve and price bars. It highlights conditions where the price is Overbought or Oversold. But it highlights also divergences with labels and colored lines.
The script plots colors on bars with extended prices. Besides, the script plots colors on bars that are the ending of divergences
GA Momentum script colors the price bars using the same criteria applied to color curves. Color used on the Curve are the same used on the price bars.
True Strength Curve and Momentum Curves color price bars. This happens for the entire Trend Strength. Then the prevailing of the Buying Pressure or Bearish Pressure is also visible on bars. This occurs by the persistent green or red colors according to Pressure and Trend.
Alerts
GA Momentum provides 2 alerts for Bearish and Bullish Signals. Both uses the crossing of Short and Long Signals in the same direction.
Note: I restrict access to the tool.
Regards
Girolamo Aloe
Founder of Profiting Me
ZenTrading Momentum_v3.1This is a script for beta testing only.
wave momentum oscillator, with volatility and divergence detection and short term and long term reversal signals reversal signals. Mainly used to signal reversals (major and minor), to be used in conjunction with Trend, CyclePhase and Volume indicators
Pulse Profits+ Study v2.0Here is the updated version of our Pulse Profits+ study based on the combination of the Chande Momentum Oscillator and Elder's Force Index . This version was updated to include stop-loss and improved signals
Red background highlights mark sell signals and green highlights represent buy signals. All signals are accompanied by corresponding alerts that can be tailored for the various automated trading platforms.
All indicators can be found on our website in the bio and come with their strategy equivalents
CANX Enhanced Bill Williams FractalsBased on the well known Bill Williams Fractals but with some changes.
Smaller fractals with a more consistent intervals.
- Helps identify more recent and relevant swing points on the chart.
Ideal for identifying where to place a stop lose when you are trading subjectively.
- Great to implement into any mechanical strategy
Paired with a momentum indicator and trend lines it can indicate very accurate times to enter a trade and where to place your stop loss. Paired with the correct indicators and a basic understanding of market structure these are a very powerful tool on all markets.
Keep it simple, keep it profitable!
BU BE Combined Indicator with Momentum**Bullish Engulfing and Bearish Engulfing Indicator with Momentum**
🔍 **Description:**
This indicator detects Bullish Engulfing (BE) and Bearish Engulfing (BE) candlestick patterns of type 1 and type 2 with strong momentum confirmation. Only signals with high momentum are displayed.
🚀 **Key Features:**
* Identifies Bullish Engulfing type 1 and type 2, as well as Bearish Engulfing type 1 and type 2 patterns.
* Momentum confirmation: strong bullish candles are highlighted in blue, strong bearish candles in yellow.
* Prevents false signals by ensuring only valid momentum patterns are displayed.
✅ **Benefits:**
* Helps traders identify candlestick patterns with strong momentum.
* Enhances the accuracy of technical analysis.
🚨 **Note:**
This indicator is a technical analysis tool and does not guarantee profit. Use it in combination with other technical analysis methods.
💡 **Usage Tips:**
* Suitable for time frames M15 and above.
* Best used with price action strategies or your preferred entry method.
Enjoy more precise trading with the Bullish Engulfing and Bearish Engulfing Indicator with Momentum! 🚀
BU BE Combined Indicator with Momentum**Bullish Engulfing and Bearish Engulfing Indicator with Momentum**
🔍 **Description:**
This indicator detects Bullish Engulfing (BE) and Bearish Engulfing (BE) candlestick patterns of type 1 and type 2 with strong momentum confirmation. Only signals with high momentum are displayed.
🚀 **Key Features:**
* Identifies Bullish Engulfing type 1 and type 2, as well as Bearish Engulfing type 1 and type 2 patterns.
* Momentum confirmation: strong bullish candles are highlighted in blue, strong bearish candles in yellow.
* Prevents false signals by ensuring only valid momentum patterns are displayed.
✅ **Benefits:**
* Helps traders identify candlestick patterns with strong momentum.
* Enhances the accuracy of technical analysis.
🚨 **Note:**
This indicator is a technical analysis tool and does not guarantee profit. Use it in combination with other technical analysis methods.
💡 **Usage Tips:**
* Suitable for time frames M15 and above.
* Best used with price action strategies or your preferred entry method.
Enjoy more precise trading with the Bullish Engulfing and Bearish Engulfing Indicator with Momentum! 🚀
Heikin Ashi + MACD Momentum FilterThe Heikin Ashi + MACD Momentum Filter is designed for short-term and swing traders, combining the trend-smoothing capabilities of manually calculated Heikin Ashi candles with the momentum confirmation of the MACD histogram to generate reliable buy and sell signals. This indicator aligns trend direction with momentum shifts to minimize false signals, making it ideal for trading trending markets on timeframes like 5-minute to 1-hour charts.
How It Works
The indicator uses two technical components to produce signals:
Heikin Ashi for Trend Detection:
Heikin Ashi candles are manually calculated to smooth price action, with the close as the average of OHLC values and the open as the average of the previous Heikin Ashi open and close. These values are further smoothed over a default 5-period moving average. A bullish trend is confirmed when the smoothed Heikin Ashi close is above its open (plotted in green), and a bearish trend when the close is below the open (plotted in red). This smoothing reduces noise, helping traders stay in the direction of the prevailing trend.
MACD Histogram for Momentum Confirmation:
The MACD, calculated with standard settings (fast=12, slow=26, signal=9), produces a histogram. A buy signal requires the histogram to cross above a threshold (default: 0.0), indicating bullish momentum, while a sell signal requires a cross below, indicating bearish momentum. This ensures trades are taken when momentum supports the trend.
Signal Generation
Signals are generated using the previous bar’s values to prevent repainting:
Buy Signal: The MACD histogram crosses above the threshold, and the Heikin Ashi confirms a bullish trend. Displayed as a green upward triangle below the bar.
Sell Signal: The MACD histogram crosses below the threshold, and the Heikin Ashi confirms a bearish trend. Displayed as a red downward triangle above the bar.
US Growth Momentum Index (UGMI)US Growth Momentum Index (UGMI) is a macroeconomic indicator designed to reflect the current economic health of the United States. The index combines four key economic factors—Industrial Production (INDPRO), Retail Sales (RSAFS), Unemployment Rate (UNRATE), and the 10Y-2Y Yield Curve Spread—and aggregates them into a single line representing overall growth momentum.
The UGMI is based on Z-Score calculations for each of these components, helping to identify whether the U.S. economy is in an expansionary growth phase or a contractionary recession phase.
How to Read the UGMI:
Core Growth Line (Blue): This is the main line representing the aggregated growth momentum. It is calculated using the Z-scores of the key economic indicators.
0 Line: The 0 line represents the neutral zone. If the UGMI is above the 0 line, it suggests that the economy is expanding. Below the 0 line indicates contraction or a potential recession.
Zones Above 1: When the UGMI is above 1, it represents a strong expansionary phase or boom, possibly signaling the top of a bull market or local peak.
Zones Below -1: When the UGMI falls below -1, it indicates a severe recession or significant contraction in the economy.
Color Coding:
Green: When the UGMI is above the 1 line, the background turns green, indicating a strong growth phase.
Red: When the UGMI is below -1, the background turns red, representing a recession or significant economic downturn.
This indicator helps traders and investors to understand whether the economy is growing or contracting, and is especially useful for identifying potential market tops or turning points.
RSI-MACD Momentum Fusion Indicator(RMFI)📈 RSI-MACD Momentum Fusion Indicator (RMFI)
The RMFI combines the strengths of two RSI variants with a dynamically adaptive MACD module into a powerful momentum oscillator ranging from 0 to 100. The goal is to unify converging momentum information from different perspectives into a clear, weighted overall signal.
🔧 Core Features
RSI 1: Classic Wilder RSI, sensitive to short-term momentum.
RSI 2: Modified RSI based on normalized price movement ranges (Range Momentum).
MACD (3 Modes):
Standardized (min/max-based)
Fully adaptive (Z-score normalization)
50% adaptive (hybrid weighting of both approaches)
Dynamic MACD mode selection (optional): Automatic switching of MACD normalization based on volatility levels (ATR-based).
Signal Line: Smoothed average of all components to visualize momentum trends and crossovers.
🎯 Visualization
Clear separation of overbought (>70) and oversold (<30) zones with color highlighting.
Different colors based on the dynamic MACD mode – visually indicates how strongly the market adapts to volatility.
⚙️ Recommended Use
Ideal for trend following, divergence confirmation (with external divergence logic), and momentum reversals.
Particularly effective in volatile markets, as the MACD component adaptively responds to instability.
© champtrades
EMA-Based Squeeze Dynamics (Gap Momentum & EWMA Projection)EMA-Based Squeeze Dynamics (Gap Momentum & EWMA Projection)
🚨 Main Utility: Early Squeeze Warning
The primary function of this indicator is to warn traders early when the market is approaching a "squeeze"—a tightening condition that often precedes significant moves or regime shifts. By visually highlighting areas of increasing tension, it helps traders anticipate potential volatility and prepare accordingly. This is intended to be a statistically and psychologically grounded replacement of so-called "fib-time-zones," which are overly-deterministic and subjective.
📌 Overview
The EMA-Based Squeeze Dynamics indicator projects future regime shifts (such as golden and death crosses) using exponential moving averages (EMAs). It employs historical interval data and current market conditions to dynamically forecast when the critical EMAs (50-period and 200-period) will reconverge, marking likely trend-change points.
This indicator leverages two core ideas:
Behavioral finance theory: Traders often collectively anticipate popular EMA crossovers, creating a self-fulfilling prophecy (normative social influence), similar to findings from Solomon Asch’s conformity experiments.
Bayesian-like updates: It utilizes historical crossover intervals as a prior, dynamically updating expectations based on evolving market data, ensuring its signals remain objectively grounded in actual market behavior.
⚙️ Technical & Mathematical Explanation
1. EMA Calculations and Regime Definitions
The indicator uses three EMAs:
Fast (9-period): Represents short-term price movement.
Medial (50-period): Indicates medium-term trend direction.
Slow (200-period): Defines long-term market sentiment.
Regime States:
Bullish: 50 EMA is above the 200 EMA.
Bearish: 50 EMA is below the 200 EMA.
A shift between these states triggers visual markers (arrows and labels) directly on the chart.
2. Gap Dynamics and Historical Intervals
At each crossover:
The indicator records the gap (distance) between the 50 and 200 EMAs.
It tracks the historical intervals between past crossovers.
An Exponentially Weighted Moving Average (EWMA) of these intervals is calculated, weighting recent intervals more heavily, dynamically updating expectations.
Important note:
After every regime shift, the projected crossover line resets its calculation. This reset is visually evident as the projection line appears to move further away after each regime change, temporarily "repelled" until the EMAs begin converging again. This ensures projections remain realistic, grounded in actual EMA convergence, and prevents overly optimistic forecasts immediately after a regime shift.
3. Gap Momentum & Adaptive Scaling
The indicator measures how quickly or slowly the gap between EMAs is changing ("gap momentum") and adjusts its forecast accordingly:
If the gap narrows rapidly, a crossover becomes more imminent.
If the gap widens, the next crossover is pushed further into the future.
The "gap factor" dynamically scales the projection based on recent gap momentum, bounded between reasonable limits (0.7–1.3).
4. Squeeze Ratio & Background Color (Visual Cues)
A "squeeze ratio" is computed when market conditions indicate tightening:
In a bullish regime, if the fast EMA is below the medial EMA (price pulling back towards long-term support), the squeeze ratio increases.
In a bearish regime, if the fast EMA rises above the medial EMA (price rallying into long-term resistance), the squeeze ratio increases.
What the Background Colors Mean:
Red Background: Indicates a bullish squeeze—price is compressing downward, hinting a bullish reversal or continuation breakout may occur soon.
Green Background: Indicates a bearish squeeze—price is compressing upward, suggesting a bearish reversal or continuation breakout could soon follow.
Opacity Explanation:
The transparency (opacity) of the background indicates the intensity of the squeeze:
High Opacity (solid color): Strong squeeze, high likelihood of imminent volatility or regime shift.
Low Opacity (faint color): Mild squeeze, signaling early stages of tightening.
Thus, more vivid colors serve as urgent visual warnings that a squeeze is rapidly intensifying.
5. Projected Next Crossover and Pseudo Crossover Mechanism
The indicator calculates an estimated future bar when a crossover (and thus, regime shift) is expected to occur. This calculation incorporates:
Historical EWMA interval.
Current squeeze intensity.
Gap momentum.
A dynamic penalty based on divergence from baseline conditions.
The "Pseudo Crossover" Explained:
A key adaptive feature is the pseudo crossover mechanism. If price action significantly deviates from the projected crossover (for example, if price stays beyond the projected line longer than expected), the indicator acknowledges the projection was incorrect and triggers a "pseudo crossover" event. Essentially, this acts as a reset, updating historical intervals with a weighted adjustment to recalibrate future predictions. In other words, if the indicator’s initial forecast proves inaccurate, it recognizes this quickly, resets itself, and tries again—ensuring it remains responsive and adaptive to actual market conditions.
🧠 Behavioral Theory: Normative Social Influence
This indicator is rooted in behavioral finance theory, specifically leveraging normative social influence (conformity). Traders commonly watch EMA signals (especially the 50 and 200 EMA crossovers). When traders collectively anticipate these signals, they begin trading ahead of actual crossovers, effectively creating self-fulfilling prophecies—similar to Solomon Asch’s famous conformity experiments, where individuals adopted group behaviors even against direct evidence.
This behavior means genuine regime shifts (actual EMA crossovers) rarely occur until EMAs visibly reconverge due to widespread anticipatory trading activity. The indicator quantifies these dynamics by objectively measuring EMA convergence and updating projections accordingly.
📊 How to Use This Indicator
Monitor the background color and opacity as primary visual cues.
A strongly colored background (solid red/green) is an early alert that a squeeze is intensifying—prepare for potential volatility or a regime shift.
Projected crossover lines give a dynamic target bar to watch for trend reversals or confirmations.
After each regime shift, expect a reset of the projection line. The line may seem initially repelled from price action, but it will recalibrate as EMAs converge again.
Trust the pseudo crossover mechanism to automatically recalibrate the indicator if its original projection misses.
🎯 Why Choose This Indicator?
Early Warning: Visual squeeze intensity helps anticipate market breakouts.
Behaviorally Grounded: Leverages real trader psychology (conformity and anticipation).
Objective & Adaptive: Uses real-time, data-driven updates rather than static levels or subjective analysis.
Easy to Interpret: Clear visual signals (arrows, labels, colors) simplify trading decisions.
Self-correcting (Pseudo Crossovers): Quickly adjusts when initial predictions miss, maintaining accuracy over time.
Summary:
The EMA-Based Squeeze Dynamics Indicator combines behavioral insights, dynamic Bayesian-like updates, intuitive visual cues, and a self-correcting pseudo crossover feature to offer traders a reliable early warning system for market squeezes and impending regime shifts. It transparently recalibrates after each regime shift and automatically resets whenever projections prove inaccurate—ensuring you always have an adaptive, realistic forecast.
Whether you're a discretionary trader or algorithmic strategist, this indicator provides a powerful tool to navigate market volatility effectively.
Happy Trading! 📈✨
Pro Scalper AI [BullByte]The Pro Scalper AI is a powerful, multi-faceted scalping indicator designed to assist active traders in identifying short-term trading opportunities with precision. By combining trend analysis, momentum indicators, dynamic weighting, and optional AI forecasting, this tool provides both immediate and latched trading signals based on confirmed (closed bar) data—helping to avoid repainting issues. Its flexible design includes customizable filters such as a higher timeframe trend filter, and adjustable settings for ADX, ATR, and Hull Moving Average (HMA), giving traders the ability to fine-tune the strategy to different markets and timeframes.
Key Features :
- Confirmed Data Processing :
Utilizes a helper function to lock in price and volume data only from confirmed (closed) bars, ensuring the reliability of signals without the risk of intrabar repainting.
- Trend Analysis :
Employs ADX and Directional Movement (DI) calculations along with a locally computed HMA to detect short-term trends. An optional higher timeframe trend filter can further refine the analysis.
- Flexible Momentum Modes :
Choose between three momentum calculation methods—Stochastic RSI, Fisher RSI, or Williams %R—to match your preferred style of analysis. This versatility allows you to optimize the indicator for different market conditions.
- Dynamic Weighting & Volatility Adjustments :
Adjusts the contribution of trend, momentum, volatility, and volume through dynamic weighting. This ensures that the indicator responds appropriately to varying market conditions by scaling its sensitivity with user-defined maximum factors.
- Optional AI Forecast :
For those who want an extra edge, the built-in AI forecasting module uses linear regression to predict future price moves and adjusts oscillator thresholds accordingly. This feature can be toggled on or off, with smoothing options available for more stable output.
- Latching Mode for Signal Persistenc e:
The script features a latching mechanism that holds signals until a clear reversal is detected, preventing whipsaws and providing more reliable trade entries and exits.
- Comprehensive Visualizations & Dashboard :
- Composite Oscillator & Dynamic Thresholds : The oscillator is plotted with dynamic upper and lower thresholds, and the area between them is filled with a color that reflects the active trading signal (e.g., Strong Buy, Early Sell).
- Signal Markers : Both immediate (non-latching) and stored (latched) signals are marked on the chart with distinct shapes (circles, crosses, triangles, and diamonds) to differentiate between signal types.
- Real-Time Dashboard : A customizable dashboard table displays key metrics including ADX, oscillator value, chosen momentum mode, HMA trend, higher timeframe trend, volume factor, AI bias (if enabled), and more, allowing traders to quickly assess market conditions at a glance.
How to Use :
1. S ignal Interpretation :
- Immediate Signals : For traders who prefer quick entries, the indicator displays immediate signals such as “Strong Buy” or “Early Sell” based on the current market snapshot.
- Latched Signals : When latching is enabled, the indicator holds a signal state until a clear reversal is confirmed, offering sustained trade setups.
2. Trend Confirmation :
- Use the HMA trend indicator and the optional higher timeframe trend filter to confirm the prevailing market direction before acting on signals.
3. Dynamic Thresholds & AI Forecasting :
- Monitor the dynamically adjusted oscillator thresholds and, if enabled, the AI bias to gauge potential shifts in market momentum.
4. Risk Management :
- Combine these signals with additional analysis and sound risk management practices to determine optimal entry and exit points for scalping trades.
Disclaimer :
This script is provided for educational and informational purposes only and does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results. Always perform your own analysis and use proper risk management strategies before trading.
AI Trend Momentum SniperThe AI Trend Momentum Sniper is a powerful technical analysis tool designed for day trading. This strategy combines multiple momentum and trend indicators to identify high-probability entry and exit points. The indicator utilizes a combination of Supertrend, MACD, RSI, ATR (Average True Range), and On-Balance Volume (OBV) to generate real-time signals for buy and sell opportunities.
Key Features:
Supertrend for detecting market direction (bullish or bearish).
MACD for momentum confirmation, highlighting changes in market momentum.
RSI to filter out overbought/oversold conditions and ensure high-quality trades.
ATR as a volatility filter to adjust for changing market conditions.
OBV (On-Balance Volume) to confirm volume strength and trend validity.
Dynamic Stop-Loss & Take-Profit based on ATR to manage risk and lock profits.
This indicator is tailored for intraday traders looking for quick market moves, especially in volatile and high liquidity assets like Bitcoin (BTC) and Ethereum (ETH). It helps traders capture short-term trends with efficient risk management tools.
How to Apply:
Set Your Chart: Apply the AI Trend Momentum Sniper to a 5-minute (M5) or 15-minute (M15) chart for optimal performance.
Buy Signal: When the indicator generates a green arrow below the bar, it indicates a buy signal based on positive trend and momentum alignment.
Sell Signal: A red arrow above the bar signals a sell condition when the trend and momentum shift bearish.
Stop-Loss and Take-Profit: The indicator automatically calculates dynamic stop-loss and take-profit levels based on the ATR value for each trade, ensuring proper risk management.
Alerts: Set up custom alerts for buy or sell signals, and get notified instantly when opportunities arise.
Best Markets for Use:
BTC/USDT, ETH/USDT – High liquidity and volatility.
Major altcoins with sufficient volume.
Avoid using it on low-liquidity assets where price action may become erratic.
Timeframes:
This indicator is best suited for lower timeframes (5-minute to 15-minute charts) to capture quick price movements in trending markets.
ORB with Alerts - Current Day OnlyORB with Alerts - Current Day Only
This script plots the Opening Range Breakout (ORB) levels and provides alerts when price breaks above or below the range. It is designed for intraday trading and resets daily.
How It Works:
The ORB time in settings should be set to 15 minutes.
The Session Time should be set to 09:30 - 09:45.
The script marks the high and low of the ORB period and tracks price action for breakouts.
Alerts trigger when price crosses above the ORB high or below the ORB low.
This tool helps traders identify breakout opportunities based on early price action, aiding in momentum-based strategies
Geometric Momentum Breakout with Monte CarloOverview
This experimental indicator uses geometric trendline analysis combined with momentum and Monte Carlo simulation techniques to help visualize potential breakout areas. It calculates support, resistance, and an aggregated trendline using a custom Geo library (by kaigouthro). The indicator also tracks breakout signals in a way that a new buy signal is triggered only after a sell signal (and vice versa), ensuring no repeated signals in the same direction.
Important:
This script is provided for educational purposes only. It is experimental and should not be used for live trading without proper testing and validation.
Key Features
Trendline Calculation:
Uses the Geo library to compute support and resistance trendlines based on historical high and low prices. The midpoint of these trendlines forms an aggregated trendline.
Momentum Analysis:
Computes the Rate of Change (ROC) to determine momentum. Breakout conditions are met only if the price and momentum exceed a user-defined threshold.
Monte Carlo Simulation:
Simulates future price movements to estimate the probability of bullish or bearish breakouts over a specified horizon.
Signal Tracking:
A persistent variable ensures that once a buy (or sell) signal is triggered, it won’t repeat until the opposite signal occurs.
Geometric Enhancements:
Calculates an aggregated trend angle and channel width (distance between support and resistance), and draws a perpendicular “breakout zone” line.
Table Display:
A built-in table displays key metrics including:
Bullish probability
Bearish probability
Aggregated trend angle (in degrees)
Channel width
Alerts:
Configurable alerts notify when a new buy or sell breakout signal occurs.
Inputs
Resistance Lookback & Support Lookback:
Number of bars to look back for determining resistance and support points.
Momentum Length & Threshold:
Period for ROC calculation and the minimum percentage change required for a breakout confirmation.
Monte Carlo Simulation Parameters:
Simulation Horizon: Number of future bars to simulate.
Simulation Iterations: Number of simulation runs.
Table Position & Text Size:
Customize where the table is displayed on the chart and the size of the text.
How to Use
Add the Script to Your Chart:
Copy the code into the Pine Script editor on TradingView and add it to your chart.
Adjust Settings:
Customize the inputs (e.g., lookback periods, momentum threshold, simulation parameters) to fit your analysis or educational requirements.
Interpret Signals:
A buy signal is plotted as a green triangle below the bar when conditions are met and the state transitions from neutral or sell.
A sell signal is plotted as a red triangle above the bar when conditions are met and the state transitions from neutral or buy.
Alerts are triggered only on the bar where a new signal is generated.
Examine the Table:
The table displays key metrics (breakout probabilities, aggregated trend angle, and channel width) to help evaluate current market conditions.
Disclaimer
This indicator is experimental and provided for educational purposes only. It is not intended as a trading signal or financial advice. Use this script at your own risk, and always perform your own research and testing before using any experimental tools in live trading.
Credit
This indicator uses the Geo library by kaigouthro. Special thanks to Cryptonerds and @Hazzantazzan for their contributions and insights.
