sero

📌 sero Indicator – Guide & Explanation

What the Indicator Does

The sero Indicator is a custom oscillator designed to identify market momentum shifts between bullish (pump) and bearish (dump) phases. It works by normalizing price action using a range calculation, then smoothing it with an EMA. The resulting line (sero value) oscillates on a scale around 0 to 100, giving clear visual cues about momentum strength.

Key concepts inside the code:

c0 → The average price for each bar (High + Low + Close ÷ 3).
a1 & a2 → The 15-bar highest and lowest values of this average price.
a3 → The range (difference between high and low).
sero → A smoothed (EMA-based) normalized oscillator that fluctuates with momentum strength.


The indicator then highlights pumps (upward momentum) and dumps (downward momentum) with color-coded line breaks.

How It Looks on Chart

When loaded, you’ll see:

A yellow oscillator line (sero) moving up and down.
Red segments on the line → mark slow or strong pumps (bullish momentum).
Green segments on the line → mark slow or strong dumps (bearish momentum).


These color changes act as momentum confirmation signals.

Signals & Interpretation

sero Line (Yellow)

The main oscillator line.
Higher readings = strong bullish momentum.
Lower readings = strong bearish momentum.


Red Segments (Pump Detection)

Appear when sero rises above its previous value.
Thicker Red Line = Stronger pump (sero > 20).
Suggests upward price acceleration.


Green Segments (Dump Detection)

Appear when sero falls below its previous value.
Thicker Green Line = Stronger dump (sero < 20).
Suggests downward price acceleration.


How to Use the sero Indicator

✅ Trend Confirmation

Use sero alongside your main chart to confirm trend direction.

Sustained red (pump) signals = bullish phase.
Sustained green (dump) signals = bearish phase.


✅ Momentum Shifts

Watch for changes in color (from green → red or red → green). These flips may indicate a potential reversal or acceleration in trend.

✅ Threshold Levels (20 level)

The code emphasizes the 20 threshold:

Pump signals above 20 → more reliable bullish confirmation.
Dump signals below 20 → stronger bearish conviction.


✅ Entry & Exit Support

Enter long trades when yellow line rises and red pump segments form.
Enter short trades when yellow line falls and green dump segments form.
Consider exits when momentum color weakens or flips direction.


Best Practices

Always combine with price action, support/resistance, or volume analysis.

Works best on shorter timeframes (intraday scalping/day trading).

Avoid relying on a single pump/dump signal – wait for consistency across multiple bars.

Summary

The sero Indicator is a momentum oscillator that visually highlights bullish and bearish momentum using dynamic color changes. Traders can use it to spot pumps, dumps, and trend shifts more easily than with traditional oscillators.