Momentum Explosion (by TitikSona)

🧠 Description

Momentum Explosion (by TitikSona)
This indicator combines EMA, SMA, CCI, and RSI to provide an educational view of potential momentum changes in the market. It is intended as a tool to help traders observe market conditions, not as a guaranteed entry system.

⚙️ Core Components

1. Moving Averages
- EMA 8: captures short-term trend
- SMA 26: captures medium-term trend
- Crossover between EMA and SMA highlights changes in trend momentum

2. Commodity Channel Index (CCI)
- Fast CCI (34) and Slow CCI (55)
- Measures deviation from average price, helping identify potential momentum shifts

3. Relative Strength Index (RSI)
- 26-period RSI with adjustable threshold
- Highlights periods when momentum may be strengthening

🎯 Observing Signals

- Buy Signal: EMA crosses above SMA, CCI values positive, RSI above threshold
- Sell Signal: EMA crosses below SMA, CCI values negative, RSI below threshold
- Signals are **informational markers** displayed as green (BUY) and red (SELL) triangles
- Background shading highlights potential momentum areas, but does not guarantee results

💡 How to Use

- Observe signals as **potential reference points**, not as guaranteed trade recommendations
- Combine with other technical analysis methods such as trendlines, support/resistance, or price action
- Adjust parameters to match preferred timeframe or market conditions

⚠️ Risk Management

- This indicator is **educational** and does not guarantee profitable trades
- Always apply proper position sizing and risk controls
- Test thoroughly in a demo or paper trading environment before applying live

🆓 Open & Free

- Fully open-source and free to use or modify for learning purposes