OPEN-SOURCE SCRIPT
BOSS_DELTA_XRAY

BOSS DELTA XRAY is a momentum-classification system designed to quantify short-term rate-of-change (ΔROC) behavior using a structured, 7-zone intensity model. The indicator measures 5-bar ROC and maps it into clearly defined thresholds to identify acceleration, deceleration, and momentum degradation with high precision.
The goal of BOSS DELTA XRAY is to provide a continuous, color-coded representation of momentum strength to support trade management, continuation assessment, and early detection of weakening trend velocity. This makes it suitable for intraday trading, momentum confirmation, and exit-timing decisions.
Mathematical Basis
The core metric is a 5-period Rate of Change:
𝑅
𝑂
𝐶
5
=
𝐶
𝑙
𝑜
𝑠
𝑒
−
𝐶
𝑙
𝑜
𝑠
𝑒
5
𝐶
𝑙
𝑜
𝑠
𝑒
5
×
100
ROC
5
=
Close
5
Close−Close
5
×100
This 5-bar ΔROC value is compared against three threshold tiers on both positive and negative sides, creating a symmetric 7-zone classification.
Zone Definitions (Absolute ROC%)
Zone ROC Threshold Classification Color
+3 / –3 > 0.20% High-Intensity Momentum Bright Green
+2 / –2 0.10%–0.20% Moderate Momentum Light Green
+1 / –1 0.05%–0.10% Low Momentum Yellow
0 < 0.05% Neutral / No Significant Δ Tan
The system applies the same structure to positive and negative ROC, maintaining symmetry for upward and downward momentum events.
Indicator Output
A continuously-colored histogram representing real-time ΔROC magnitude.
Color transitions reflect zone boundaries, enabling rapid interpretation of momentum intensity.
A zero-line reference is included for structural orientation.
Intended Use Cases
BOSS DELTA XRAY is designed for:
Momentum verification during trend continuation setups
Exit timing, identifying when momentum begins to degrade
Filtering low-energy environments where continuation probability decreases
Monitoring momentum integrity on breakdowns, pullbacks, and retracement legs
Confirming trade validity based on sustained ΔROC structure
Key Advantages
Objective classification of short-term trend velocity
Fast identification of momentum failure or deceleration
High clarity in intraday environments where momentum shifts rapidly
Supports disciplined, systematic trade management
Minimizes discretionary interpretation by relying on defined ΔROC thresholds
Technical Summary
BOSS DELTA XRAY provides a mathematically precise and visually interpretable momentum framework. By quantifying short-term rate-of-change into discrete operational zones, the indicator enables traders to assess momentum strength, weakness, and transition states with consistency and reliability.
The goal of BOSS DELTA XRAY is to provide a continuous, color-coded representation of momentum strength to support trade management, continuation assessment, and early detection of weakening trend velocity. This makes it suitable for intraday trading, momentum confirmation, and exit-timing decisions.
Mathematical Basis
The core metric is a 5-period Rate of Change:
𝑅
𝑂
𝐶
5
=
𝐶
𝑙
𝑜
𝑠
𝑒
−
𝐶
𝑙
𝑜
𝑠
𝑒
5
𝐶
𝑙
𝑜
𝑠
𝑒
5
×
100
ROC
5
=
Close
5
Close−Close
5
×100
This 5-bar ΔROC value is compared against three threshold tiers on both positive and negative sides, creating a symmetric 7-zone classification.
Zone Definitions (Absolute ROC%)
Zone ROC Threshold Classification Color
+3 / –3 > 0.20% High-Intensity Momentum Bright Green
+2 / –2 0.10%–0.20% Moderate Momentum Light Green
+1 / –1 0.05%–0.10% Low Momentum Yellow
0 < 0.05% Neutral / No Significant Δ Tan
The system applies the same structure to positive and negative ROC, maintaining symmetry for upward and downward momentum events.
Indicator Output
A continuously-colored histogram representing real-time ΔROC magnitude.
Color transitions reflect zone boundaries, enabling rapid interpretation of momentum intensity.
A zero-line reference is included for structural orientation.
Intended Use Cases
BOSS DELTA XRAY is designed for:
Momentum verification during trend continuation setups
Exit timing, identifying when momentum begins to degrade
Filtering low-energy environments where continuation probability decreases
Monitoring momentum integrity on breakdowns, pullbacks, and retracement legs
Confirming trade validity based on sustained ΔROC structure
Key Advantages
Objective classification of short-term trend velocity
Fast identification of momentum failure or deceleration
High clarity in intraday environments where momentum shifts rapidly
Supports disciplined, systematic trade management
Minimizes discretionary interpretation by relying on defined ΔROC thresholds
Technical Summary
BOSS DELTA XRAY provides a mathematically precise and visually interpretable momentum framework. By quantifying short-term rate-of-change into discrete operational zones, the indicator enables traders to assess momentum strength, weakness, and transition states with consistency and reliability.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.