Up/Down RangeMeasuring the difference between the highs and lows from the average, this measure can serve as a proxy for the volatility, just like the ATR.
However, it breaks the range into an upward and a downward moving component, so it also gives information about the current trend direction.
In fact, I turned it into a momentum indicator here:
스크립트에서 "momentum"에 대해 찾기
CMO & WMA Strategy This indicator plots Chande Momentum Oscillator and its WMA on the
same chart. This indicator plots the absolute value of CMO.
The CMO is closely related to, yet unique from, other momentum oriented
indicators such as Relative Strength Index, Stochastic, Rate-of-Change,
etc. It is most closely related to Welles Wilder?s RSI, yet it differs
in several ways:
- It uses data for both up days and down days in the numerator, thereby
directly measuring momentum;
- The calculations are applied on unsmoothed data. Therefore, short-term
extreme movements in price are not hidden. Once calculated, smoothing
can be applied to the CMO, if desired;
- The scale is bounded between +100 and -100, thereby allowing you to clearly
see changes in net momentum using the 0 level. The bounded scale also allows
you to conveniently compare values across different securities.
Stochastic Momentum IndexStochastic Momentum Index
William Blau "Momentum, Direction, and Divergence",
John Wiley and Sons, Inc. 1995, ISBN 0-471-02729-4, page 29:
SM(q) = close - 0.5*(HH(q) + LL(q))
SMI(q, r, s) = 100*(EMA(EMA(SM(q), r)), s)/(0.5*EMA(EMA(HH(q)-LL(q)), r), s)
MULTIPLE TIME-FRAME STRATEGY(TREND, MOMENTUM, ENTRY) Hey everyone, this is one strategy that I have found profitable over time. It is a multiple time frame strategy that utilizes 3 time-frames. Highest time-frame is the trend, medium time-frame is the momentum and short time-frame is the entry point.
Long Term:
- If closed candle is above entry then we are looking for longs, otherwise we are looking for shorts
Medium Term:
- If Stoch SmoothK is above or below SmoothK and the momentum matches long term trend then we look for entries.
Short Term:
- If a moving average crossover(long)/crossunder(short) occurs then place a trade in the direction of the trend.
Close Trade:
- Trade is closed when the Medium term SmoothK Crosses under/above SmoothD.
You can mess with the settings to get the best Profit Factor / Percent Profit that matches your plan.
Best of luck!
Absolute Momentum Indicator Covered intensevely by Gary Antonnacci in his paper " Absolute Momentum : A simple Rule Based Strategy and Universal Trend Following Overlay , Absolute momentum buys asset with excess return, which is calculated by taking the return of the asset for a giving period of time LESS the Treasury bill rate . The following indicator is based on the rules found in the paper. However you have the liberty to choose your time frame and symbol to calculate the excess return .
Read more about this indicator here
Cheers
Squeeze Momentum Alert ScriptThis is the alert script for the squeeze momentum strategy found here...
Long on Green,
Short on Red,
Close Longs on Aqua,
Close Shorts on Orange.
UCS_Squeeze_Timing-V3Another Version with More Features . I am confident enough this works fine now. I am Sure this will be a valuable tool for you guys who love squeezes.
///////////////// This can be further optimized, Let me know with a comment, if you still need this to be optimized. ////////////////////
This update includes
- Added Options to detect squeeze using Heikin Ashi Candle
- Added Options to use BBR or Momentum (ROC) for the Momentum Histogram
- Custom Momentum Smoothing time period
- Removed the Separate Look back periods for BB/KC - Since it doesn't really make sense using different lengths for KC and BB.
HA Closes can be really helpful in trading ETFs like FXE, GLD, FXY, SLV etc, which constantly gaps on daily basis. This helps in smoothing out. And most Importantly it Lines up with the Underlying's Squeeze.
[The Next Major Version is currently being Back tested with better timing triggers etc...... That will replace all other Squeeze indicators in the market - Some Major upgrades have been done to the squeezes to read the consolidation is with support or resistance. Also plan on adding best bet entries and pre-breakout signals. So far so good, this recent contradicting trends in daily / weekly in the market is making the indicator hard to work per theory]
The delay is because, I do not like to post any script (with signals) without sufficient back testing . I will not post these indicator with signals, unless I am sure it works per my theoretical derivations.
-
Thanks for Being Patient and all your support.
Until then - Good Luck Trading.
Squeeze Momentum Indicator [LazyBear]
Fixed a typo in the code where BB multiplier was stuck at 1.5. Thanks @ucsgears for bringing it to my notice.
Updated source: pastebin.com
Use the updated source instead of the what TV shows below.
This is a derivative of John Carter's "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade" (chapter 11).
Black crosses on the midline show that the market just entered a squeeze (Bollinger Bands are with in Keltner Channel). This signifies low volatility, market preparing itself for an explosive move (up or down). Gray crosses signify "Squeeze release".
Mr.Carter suggests waiting till the first gray after a black cross, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). Exit the position when the momentum changes (increase or decrease --- signified by a color change). My (limited) experience with this shows, an additional indicator like ADX / WaveTrend, is needed to not miss good entry points. Also, Mr.Carter uses simple momentum indicator, while I have used a different method (linreg based) to plot the histogram.
More info:
- Book: Mastering The Trade by John F Carter
List of all my indicators:
FREE INDICATOR: Relative Momentum Index (RMI)RMI, as requested by glaz
Description:
The Relative Momentum Index was developed by Roger Altman and was introduced in his article in the February, 1993 issue of Technical Analysis of Stocks & Commodities magazine.
While your typical RSI counts up and down days from close to close, the Relative Momentum Index counts up and down days from the close relative to a close x number of days ago. The result is an RSI that is a bit smoother.
Usage:
Use in the same way you would any other RSI. There are overbought and oversold zones, and can also be used for divergence and trend analysis .
Grab the source code here: pastebin.com
Installation video by @ChrisMoody here : vimeopro.com
░░░░░░░░░░░░░░░ Feel free to follow me to keep up with my latest scripts! ░░░░░░░░░░░░░░░
░░░░░░░░░░░░ PLEASE THUMB UP OR STAR IF YOU LIKE THIS INDICATOR! ░░░░░░░░░░░░
I'd like as many people as possible to get it :)
orderflow, moneyflow, confluence, divergence, momentumorderflow, moneyflow, confluence, divergence, momentum
Zero Lag + Momentum Bias StrategyZero Lag + Momentum Bias Strategy (MTF + Strong MBI + R:R + Partial TP + Alerts)
Opening ATR + High Momentum (10/30/60)this is a custom momentum indicator using atr
A fixed, compiling Pine v5 script is below with the three issues corrected: no plots in local scope, a ≤10-character shorttitle, and cleaned ternaries/formatting that remove the “end of line without line continuation” error.
HeatCandleHeatCandle - AOC Indicator
✨ Features
📊 Heat-Map Candles: Colors candles based on the price’s deviation from a Triangular Moving Average (TMA), creating a heat-map effect to visualize price zones.
📏 Zone-Based Coloring: Assigns colors to 20 distinct zones (Z0 to Z19) based on the percentage distance from the TMA, with customizable thresholds.
⚙️ Timeframe-Specific Zones: Tailored zone thresholds for 1-minute, 5-minute, 15-minute, 30-minute, 1-hour, and 4-hour timeframes for precise analysis.
🎨 Customizable Visuals: Gradient color scheme from deep blue (oversold) to red (overbought) for intuitive price movement interpretation.
🛠️ Adjustable Parameters: Configure TMA length and threshold multiplier to fine-tune sensitivity.
🛠️ How to Use
Add to Chart: Apply the "HeatCandle - AOC" indicator on TradingView.
Configure Inputs:
TMA Length: Set the period for the Triangular Moving Average (default: 150).
Threshold Multiplier: Adjust the multiplier to scale zone sensitivity (default: 1.0).
Analyze: Observe colored candles on the chart, where colors indicate the price’s deviation from the TMA:
Dark blue (Z0) indicates strong oversold conditions.
Red (Z19) signals strong overbought conditions.
Track Trends: Use the color zones to identify potential reversals, breakouts, or trend strength based on price distance from the TMA.
🎯 Why Use It?
Visual Clarity: The heat-map candle coloring simplifies identifying overbought/oversold conditions at a glance.
Timeframe Flexibility: Zone thresholds adapt to the selected timeframe, ensuring relevance across short and long-term trading.
Customizable Sensitivity: Adjust TMA length and multiplier to match your trading style or market conditions.
Versatile Analysis: Ideal for scalping, swing trading, or trend analysis when combined with other indicators.
📝 Notes
Ensure sufficient historical data for accurate TMA calculations, especially with longer lengths.
The indicator is most effective on volatile markets where price deviations are significant.
Pair with momentum indicators (e.g., RSI, MACD) or support/resistance levels for enhanced trading strategies.
Happy trading! 🚀📈
Weekly Setup Scanner (Trend + Momentum + Squeeze)Trend → price above weekly 20 EMA.
Momentum → weekly MACD bullish (MACD > Signal).
Volatility → weekly squeeze (Bollinger Bands inside Keltner Channels).
If all 3 conditions align → it flags the setup
High-and-Tight Impulse + Micro ConsolidationThis indicator detects a specific bullish continuation setup on daily charts:
- An impulse move (X% rise within N bars, mostly green candles)
- Immediately followed by a tight consolidation (small ranges, small bodies)
- Closes holding in the top zone of the impulse
On the chart, signals are plotted as orange dots above bars.
Labels show the last detected setup date, and a counter displays total matches in history.
Useful for backtesting "high-and-tight flag" type momentum patterns or any symbol.
Adjust inputs (impulse % threshold, bars, ATR ratios, top zone %) to make it stricter or looser.
Alerts are included when a new setup is detected.
This tool is not financial advice. For educational and research purposes only.
by fiyatherseydir
АЗЪ 3.610 - Squeeze Momentum + ADX + FastTF + Alerts + PnLStrata genius squeeze momentum + tester + adx +fast tf
MACD Momentum Slowdown Alert (Bullish + Bearish)little arrows showing on chart when MACD histogram has a slowdown (change of color) in momentum
MACD-V (Volatility-Normalised Momentum) — Spiroglou, 2022Volatility-normalized MACD per Alex Spiroglou (2022):
MACD-V = (EMA12 − EMA26) / ATR26 × 100, so momentum is expressed in ATR units and stays comparable across assets/timeframes.
What you get
• Trend-colored line: green when price ≥ EMA200, red otherwise.
• Guides: ±50 / ±100 / 0; Extremes: ±140 (editable).
• Regime shading: OB ≥ +140 shaded red; OS ≤ −140 shaded green.
• Clean, on-curve markers: small circles on the MACD-V line at the four edge events — OB (enter ≥ +threshold), OBX (cross back down), OS (enter ≤ −threshold), OSX (cross back up).
• Text labels are off by default; optional toggle only for OB/OBX.
• Signal & histogram: EMA(9) of MACD-V and (MACD-V − Signal) columns.
• Alerts: OB/OS entries & exits included.
How to use
• Favor longs when MACD-V > 0 (ideally > +50); respect OB for possible exhaustion.
• Favor shorts when MACD-V < 0 (ideally < −50); respect OS for possible exhaustion.
• Because it’s ATR-normalized, thresholds transfer well across symbols and timeframes.
Clenow Momentum (annualized slope × R²) — v6 (fixed types)Clenow Momentum Indicator calculates the annualised exponential regression slope over a 90 day look back period and multiplies it by the R-squared of that regression
RSI-CCI Momentum ScreenerRSI-CCI Momentum Screener;
How to Use:
Apply this script to 1H or 4H timeframe
Works well for NSE stocks, crypto, or forex
Look for a green label “BUY” that shows when the screener conditions are met
Market DashboardMarket Dashboard — All-in-One Technical Indicator Panel
The Market Dashboard is a powerful visual tool that consolidates key technical indicators into a single on-chart table, helping traders make faster and more informed decisions. This script includes:
RSI — Detects overbought and oversold market conditions
MACD — Shows trend momentum and crossover signals
CVD (Cumulative Volume Delta) — Highlights buyer vs. seller pressure
Volume Analysis — Flags unusually high volume
ATR (Average True Range) — Displays current market volatility
Session Detector — Automatically identifies ASIAN, LONDON, or NEW YORK sessions based on UTC time
Fully Customizable — Adjust table position and text size to fit your chart layout
Designed for traders who want a clean, real-time snapshot of market dynamics, directly on the chart.