Momentum Moving Averages | MisinkoMaster

The Momentum Moving Averages (MMA) indicator blends multiple moving averages into a single momentum-scoring framework, helping traders identify whether market conditions are favoring upside momentum or downside momentum.

By comparing faster, more adaptive moving averages (DEMA, TEMA, ALMA, HMA) against a baseline EMA, the MMA produces a cumulative score that reflects the prevailing strength and direction of the trend.

🔎 Methodology

Moving Averages Used

EMA (Exponential Moving Average) → Baseline reference.

DEMA (Double Exponential Moving Average) → Reacts faster than EMA.

TEMA (Triple Exponential Moving Average) → Even faster, reduces lag further.

ALMA (Arnaud Legoux Moving Average) → Smooth but adaptive, with adjustable σ and offset.

HMA (Hull Moving Average) → Very responsive, reduces lag, ideal for momentum shifts.

Scoring System

Each comparison is made against the EMA baseline:

If another MA is above EMA → +1 point.

If another MA is below EMA → -1 point.

The total score reflects overall momentum:

Positive score → Bullish bias.

Negative score → Bearish bias.

Trend Logic

Bullish Signal → When the score crosses above 0.1.

Bearish Signal → When the score crosses below -0.1.

Neutral or sideways trends are identified when the score remains between thresholds.

📈 Visualization

All five moving averages are plotted on the chart.

Colors adapt to the current score:

Cyan (Bullish bias) → Positive momentum.

Magenta (Bearish bias) → Negative momentum.

Overlapping fills between MAs highlight zones of convergence/divergence, making momentum shifts visually clear.

⚡ Features

Adjustable length parameter for all MAs.

Adjustable ALMA parameters (sigma and offset).

Cumulative momentum score system to filter false signals.

Works across all markets (crypto, forex, stocks, indices).

Overlay design for direct chart integration.

✅ Use Cases

Trend Confirmation → Ensure alignment with market momentum.

Momentum Shifts → Spot when faster MAs consistently outperform the baseline EMA.

Entry & Exit Filter → Avoid trades when the score is neutral or indecisive.

Divergence Visualizer → Filled zones make it easier to see when MAs begin separating or converging.

Low History Required → Unlike most For Loops, this script does not require that much history, making it less lagging and more responsive

⚠️ Limitations

Works best in trending conditions; performance decreases in sideways/choppy ranges.

Sensitivity of signals depends on chosen length and ALMA settings.

Should not be used as a standalone buy/sell system—combine with volume, structure, or higher timeframe analysis.