MNQ Momentum Suite – Intraday Confluence Dashboard (1-5M)

MNQ Momentum Suite is a multi-factor intraday momentum dashboard designed primarily for MNQ / NQ on the 1M–5M timeframes during the New York session.
Instead of staring at 3–4 separate indicators, this script combines them into one clean pane
DMI / ADX→ who’s in control (+DI vs –DI) and how strong the move is
Momentum MA Slope (T3 or EMA) → directional bias and trend quality
Squeeze Logic (BB vs Keltner) → volatility compression & expansion zones
Composite Momentum Score (–4 to +4) → single number capturing total confluence
Color-coded Dashboard Table → instant Bull / Bear / Flat status for each component
Core Components
1️⃣ Composite Momentum (Main Histogram)
Score range: –4 to +4
Built from 4 building blocks:
DMI direction (Bull/Bear)
ADX strength above threshold
MA slope direction (up/down)
Squeeze direction (after it fires)
Interpretation:

• +3 / +4 → strong bullish confluence
  

• +1 / +2 → mild bullish bias
  

• 0 → mixed / no edge
  

• –1 / –2 → mild bearish bias
  

• –3 / –4 → strong bearish confluence
  

2️⃣ DMI / ADX Block

• Uses ta.dmi() under the hood.
  

• DI spread histogram (teal/orange) shows which side is in control.
  

• White ADX line measures trend strength – higher = cleaner moves, low = chop.
  

3️⃣ Momentum MA Slope (T3 / EMA)

• User can choose T3 or EMA for the slope engine.
  

• Slope histogram color:
  

• Aqua → MA sloping up (bull-friendly)
  

• Fuchsia → MA sloping down (bear-friendly)
  

4️⃣ Squeeze (BB vs Keltner)

• Yellow dots mark when Bollinger Bands are inside Keltner Channels (volatility squeeze).
  

• When the squeeze releases and price closes on one side of both BB basis and Keltner basis, the script flags a bullish or bearish squeeze fire that feeds the composite score.
  

Dashboard Table (Top-Right): The table gives a fast, text-based read of the environment:

• DMI Dir – Bull / Bear / Flat
  

• ADX – Numeric trend strength
  

• Slope – Up / Down / Flat based on chosen MA
  

• Squeeze – Building / Fired Up / Fired Down / Idle
  

Row text is color-coded:

• Green when that metric is bull-friendly
  

• Red when it is bear-friendly
  

• Gray/white when neutral
  

This makes it very easy to glance at the table and see if the environment is mostly green (long-friendly) or mostly red (short-friendly).
Session & Histogram Controls
Use NY Session Filter?

• When enabled, all logic is focused on the defined NY session (default 09:30–16:00 exchange time).
  

• how Histograms Only in NY Session?

• true → plots only during the NY session (good for live trading focus).
  

• false → plots on all bars, including overnight, so you can study past days and pre-/post-market behavior.
  Alerts
  Two built-in alert conditions are provided:
  Strong Bull Momentum – Composite ≥ 3 during the session.
  Strong Bear Momentum – Composite ≤ –3 during the session.
  
• Use these as “heads-up” momentum pings, then confirm with your own price-action, VWAP, HTF levels, and liquidity zones.
  Recommended Use
• Primary instruments: MNQ / NQ futures, but it can be applied to any intraday symbol.
  
• Primary timeframes: 1M to 5M.
  
• Designed as a confluence and filter tool, not a stand-alone entry system.
  Works especially well combined with:
• VWAP
  
• 10 EMA
  
• Pre-NY and RTH highs/lows
  
• FVG/IFVG and liquidity zones
  As with any tool, this is not financial advice and does not guarantee results. Always combine with risk management and your own playbook.