New Momentum H/LNew Momentum H/L shows when momentum, defined as the rate of price change over time, exceeds the highest or lowest values observed over a user-defined period. These events shows points where momentum reaches new extremes relative to that period, and the indicator plots a column to mark each occurrence.
Increase in momentum could indicate the start of a trend phase from a low volatile or balanced state. However in developed trends, extreme momentum could also mark potential climaxes which can lead to trend termination. This reflects the dual nature of the component.
This indicator is based on the MACD calculated as the difference between a 3-period and a 10-period simple moving average. New highs are indicated when this value exceeds all previous values within the lookback window; new lows when it drops below all previous values. The default lookback period is set to 40 bars, which corresponds with two months on a daily chart.
The indicator also computes a z-score of the MACD line over the past 100 bars. This standardization helps compare momentum across different periods and normalizes the values of current moves relative to recent history.
In practice, use the indicator to confirm presence of momentum at the start of a move from a balanced state (often following a volatility expansion), track how momentum develops inside of a trend structure and locate potential climactic events.
Momentum should in preference be interpreted from price movement. However, to measure and standardize provides structure and helps build more consistent models. This should be used in context of price structure and broader market conditions; as all other tools.
MOMO
MACD frontSide backSide + TTM Squeeze by bangkokskaterDark Mode is enabled by default for black theme
disable Dark Mode for white theme
MACD frontSide backSide
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an elegant, much better way to use MACD
for trend following momentum ( aka momo) style
MACD with default settings of 12/26 smoothing of 9
✔️ but without histogram
✔️ only has MACD and signal "lines"
green = frontSide momentum impulse
take longs only
red = backSide momentum impulse
take shorts only
black area = exit (once green or red is no longer showing)
or keep holding till next bigger TP
PS: credits to Warrior Trading Ross Cameron for this idea
youtu.be
TTM Squeeze
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white dots = incoming pump / dump (monitor for entry)
PS: credits to John Carter's TTM Squeeze & Greeny for PineScript adaptation
HARKAT momentombest indicator for momentom and movement
in btcusdt 15 min just harkat above 1 indicates movment in market
in bearish or bullish trend
Momentum Scalping & Swing Signals With AlertsThis Momentum indicator shows a green or red ribbon when smoothed momentum is bullish or bearish. It also includes a long moving average for overall trend confirmation. Wait until the ribbon holds above or below the long moving average and take positions in that direction.
To get an easier to read momentum indicator, I smoothed the momentum out and paired it next to a short term RMA. These two together form the ribbon that will show you early reversals and trend direction. The long moving average is used as an overall trend detector and confirmation for longer term trends.
***HOW TO USE***
Scalping: Enter longs when the ribbon turns green and enter shorts when the ribbon turns red. Exit positions when the ribbon turns the opposite color or crosses the long moving average.
Swing Trading: When the ribbon holds above the long moving average or breaks out and retests it, look for long positions and exit when the ribbon turns red or crosses the long moving average. When the ribbon holds below the long moving average or breaks down and retests it, look for short positions and exit when the ribbon turns green or crosses the long moving average.
***DETAILS***
This indicator gives early reversal signals very well and waiting for the momentum ribbon to cross the long moving average helps to get you into positions when the market is ready to really move while filtering out some of the noise.
The ribbon and background will change to green or red depending on whether it is currently bullish or bearish.
There is also a label that changes colors and tells you if momentum is bullish or bearish and also whether the momentum ribbon is above or below the long moving average.
Green or red circles will appear on the indicator when there is a bullish or bearish cross of the momentum ribbon and the long moving average.
It includes alerts that trigger when momentum is turning bullish/bearish or when the momentum ribbon is crossing the long moving average.
***CUSTOMIZATION***
Each piece of this indicator can be customized to suit your preferences including the momentum source, length, smoothing length, short moving average length and long moving average length. You can also turn off the labels, signals and long moving average. All of these settings can be managed within the indicator settings input tab.
***MARKETS***
This indicator can be used as a signal on all markets, including stocks, crypto, futures and forex.
***TIMEFRAMES***
This Momentum Scalping & Swing Signals indicator can be used on all timeframes.
***TIPS***
Try using numerous indicators of ours on your chart so you can instantly see the bullish or bearish trend of multiple indicators in real time without having to analyze the data. Some of our favorites are Trend Friend Scalp & Swing Trade Signals, Volume Spike Scanner, Buy & Sell Pressure Volume Profile, and RSI Scalper in combination with this momentum indicator. They all have real time Bullish and Bearish labels as well so you can immediately understand each indicator's trend.
QQEMoMoTV█ OVERVIEW
This plots the QQE (Quantitive Qualitative Estimation)
with the addition of labels to show areas to watch out for and a colored cloud to show Green Upwards or Red Downwards Momentum
The QQE indicator is based on Wilder's RSI, which is based on a smoothed RSI comparing the change (delta Δ) between between bars
to compute the FastTL and SlowTL depending on the RSI Period, Slow Factor and QQE settings selected
As this works similarly to the RSI, it provides areas of overbought and oversold, and a cross at 50 for more bullish or more bearish
The FastTL and SlowTL crossovers works similarly to the crossover of a fast and slow moving average which can indicate bullish or bearish
When the SlowTL crosses above the FastTL a Green cloud indicating upwards momentum is drawn and vice versa when FastTL crosses above SlowTL
Bullish signals generated when Blue line crosses above Orange line, or Green MoMo cloud, Uptrend
Bearish signals generated when Orange line crosses above Blue line, or Red MoMo cloud, Downtrend
QQE Areas of interest:
Oversold: QQE < 33, Overbought: QQE > 67
Cross at 50: QQE crossing 50, this is an area that is between more bullish >50 and more bearish <50 zones
Note: as 50 is the switch between more bullish or more bearish zones , it is common to watch out for Support/Resistance Tests at this level
Tip: when QQE appears to be flat, this indicates a flat trend, this can commonly happen around the 50 zone when direction is relatively undecided, see the image below for an example
Very Overbought: QQE > 90, Careful! Watch out! QQE is showing very overbought and is generally a good area to take profit as others may sell soon too
QQE Fast settings: gives earlier signals, but also gives more shorter term signals
RSI_Period = 6, Slow_Factor = 3, QQE = 2.621
QQE Slow settings: gives more reliable signals, but sometimes a little late, best to use both fast and slow together for confirmation of the trend
RSI_Period = 20, Slow_Factor = 5, QQE = 4.236
You can add the QQEMoMoTV indicator to your chart twice and change one of them to the Fast settings and one of them to the Slow settings.
By comparing the QQEMoMoTV Fast and QQEMoMoTV Slow together you can get a better idea of the overall trend.
To best determine if this is a entry point or a trend reversal, it is recommended to use in conjunction with the MashumeHullTV indicator
█ FEATURES
Calculations
Calculates the change (delta Δ) between between bars based on Wilder's smoothed RSI to compute the FastTL (Orange) and SlowTL (Blue) lines
These are dependent on the QQE Fast settings or QQE Slow settings from the input RSI Period, Slow Factor and QQE selected
Labels are shown when QQE crosses areas of interest on the chart as Label text and shown with white dots on the QQEMoMoTV indicator
Inputs
You can use the script's inputs to configure:
• Calculation Source (default close)
• RSI Period (default 20)
• Slow Factor (default 5)
• QQE (default 4.236)
• Whether to show Green/Red MoMo Cloud
• Whether to show the QQE Label
• Style and Position of the QQELabel (default None)
None is selected as default to take up least space for optimal viewing when on Tradingview mobile, but you are free to change the style however you like
Alerts
Buy Signal alert based on rsi_ma crossing above FastAtrRsiTL, when Blue Line Cross above Orange Line, Green MoMo Cloud, Bullish
Sell Signal alert based on FastAtrRsiTL crossing above rsi_ma, when Orange Line Cross above Blue Line, Red MoMo Cloud, Bearish
█ CREDITS
Original Author: greyghost7
Feature upgrades and usage: Xiuying
Converted to Tradingview by: Machdragon
Momo Support and Resistance This automatically sets support and resistance AS the chart is evolving
If you are a momentum trader like myself these lines are very important
Keltner Channels times 4!Have you always wanted the ultimate MOMO buying script? Well here you go, KC stacked on top of one another.
As Trump would say,
ENJOY!
8020 Momentum and Pin CandleWe know the 80-20 Rule works very well in real life. It works well in technical analysis and price action as well.
This script identifies strong or momentum candles applying the rule body should be 80% or more of the range This is 80% body and 20% shadow.
Then there are pin candles where there is a 80% shadow and open and close is in one extreme and body is 20% or less.
If we can trade these 8020 candles effectively our trading will improve dramatically.
Use Momentum Candles for entry, stop loss, watching follow through etc
Use Pin Candles to look for reversals.
Works best in direction of trend.
In bullish market, green momentum candles are more powerful and pin candles after retracement is more powerful and vice versa.
DBT MoMo v.4 Candle Color VersionThis indicator is the older version of the DBT MoMo v.4 that colors candles instead of using shading.
For a full write up on this indicator please see:
For Access or Questions: Private message us. Thank you.
MoMo 5 Minute Short/Long SignalWelcome to the 5 minute MoMo Short / Long trade indicator.
Designed for use in the BTCUSD 5 minute timescale to take advantage of small momentum moves, the kind that happen several times a day. It's calibrated for a 30 dollar profit target with a greater than 75% success rate. The indicator paints buy and sell signals onto your chart based on based on moving averages, crosses, RSI & market structure plus our own proprietary filters to keep that success rate nice and high.
To get 7 days access for free visit our webpage below in our signature or send us a DM.
This is not financial advice. Only trade what you can afford to lose.
Good hunting. Got any questions or comments? Get in touch via the website or DM!
MoMo 5 Minute Short/Long SignalShort or Long indicator based on EMA Cross and momentum designed to work in the 5 minute BTCUSD.
DBT MoMo v.4DBT MOMO
Introduction: The MoMo is a TradingView indicator designed to evaluate momentum and give the user signals according to momentum shifts, strength, extensions, traps, and divergence. It’s an all in one oscillator that will make reading price action near term and long term much easier.
Part One: Strength
The MoMo consist of two major parts. A 3-candle back formula and a 24-candle back formula. The 3-candle back is called the Price Line (the histogram on the MoMo). The 24-candle back is called the Trend Line (the line on the MoMo). Both lines are placed into a range from 20 to -20. It can go higher than 20 or lower than -20, but this is extremely rare and short lived.
A positive number indicates a bullish bias, a negative number indicates a bearish bias. When the Price or Trend line are ascending while below 0 this indicates that the bearish momentum is weakening. When the Price or Trend line are descending while above 0 this indicates that the bullish momentum is weakening.
In a strong trend the Trend Line will likely flatten out around 15 or -15. While the Trend Line is flat the Price Line will likely shift rapidly, this can lead to bull and bear traps, we will discuss this in the Trap section.
A rare, but powerful signal from the MoMo is when the Price and Trend Lines “pinch” and begin to move in the same direction. If this is happening the trader should be looking to follow the direction of these lines.
Part Two: Extensions
When both Price and Trend Lines are above 10 or below -10 this will begin to signal an extension.
Purple: Indicates the bears are extended to the downside and a pullback or trend reversal upward is likely.
Gold: Indicates the bulls are extended to the upside and a pullback or trend reversal downward is likely.
When only the Trend Line is above 10 the MoMo will shade the upper range red. This indicates the Trend is becoming bullish or entering an extension. If the Trend Line cannot maintain above 10 for long and breaks below 10 this indicates it’s an extension and trend will most likely continue downward.
When only the Trend Line is below -10 the MoMo will shade the upper range green. This indicates the Trend is becoming bearish or entering an extension. If the Trend Line cannot maintain below -10 for long and breaks above -10 this indicates it’s an extension and trend will most likely continue upward.
When the green or purple shading have turned off take the lowest point, this is considered a support level or a local bottom.
When the red or gold shading have turned off take the highest point, this is considered a resistance level or a local top.
The trader can preemptively trade the purple or gold warnings but be warned these warnings can go on for a long time if the trend is very strong. It is the same mentality of an overbought or oversold RSI, except the MoMo extensions have a much higher strike rate.
To avoid preemptively trading these extensions the trader should wait for confirmation on the Price Line and on price action. The Price Line (histogram) should be moving upward during a purple extension to begin showing a bottom. The Price Line (histogram) should be moving downward during the gold extension to begin showing a top.
Part Three: Traps
The relation between the Price Line and Trend Line can create trading signals for bull and bear traps. When the Trend Line is flattened out around 15 or -15, indicating a strong trend is in place, and the Price Line is rapidly moving towards the midline this may indicate a trap is forming.
When the Trend Line is flat around 15 and the Price Line begins moving towards 0, if the Price Line reaches 0 or close to 0 and the Trend Line is still flat, a trap has begone. Once the Price Line shifts from decreasing (red) to increasing (green) the trap is playing out. Therefore, the trader should look to exit short positions or enter long positions.
When the Trend Line is flat around -15 and the Price Line begins moving towards 0, if the Price Line reaches 0 or close to 0 and the Trend Line is still flat, a trap has begone. Once the Price Line shifts from increasing (green) to decreasing (red) the trap is playing out. Therefore, the trader should look to exit long positions or enter short positions.
Part Four: Divergences
The MoMo is exceptional at finding divergences with the Price Line and occasionally the Trend Line.
To find a divergence with the MoMo the trader must look for when the histogram is not following price action completely.
Bullish Divergence: Price makes a lower low, MoMo makes a higher low.
Bearish Divergence: Price makes a higher high, MoMo makes a lower high.
Hidden Bull Divergence: Price makes a higher low, MoMo makes a lower low.
Hidden Bear Divergence: Price makes a lower high, MoMo makes a higher high.
For Access or Questions: Private message us. Thank you.
DBT MoMo ShadingThis indicator is an Add on to the DBT MoMo v.4.
Due to a conflict with the Oasis Trading Suite the DBT MoMo Candle Colors had to be turned off for now. To compensate we created a background shading indicator that will shade the same candles as before.
For Access or Questions: Private message us. Thank you.
Opening Range Breakout - ORBThe opening range is simply the high and low of a given period after the market opens. This period is generally the first 30 minutes or the first hour of trading.
During this period, you want to identify the high and low of the day. In addition, you will also want to account for the pre-market highs and lows, as these levels will often act like a magnet on price action after the bell rings.
Since the opening bell is associated with big trading volumes and volatility, this time of the session provides many trading opportunities. In this manner, traders use the opening range to set entry points on the chart and to forecast the price action for the day.
DBT MoMo v2DBT MoMo v2 uses everything in the MoMo v1 and more. The MoMo finds areas of extension, to the downside and upside. These areas create good opportunities for long and short positions. It consist of a 3 candle back MoMo line and 24 candle back MoMo line. When both lines are above 10 this shows the bulls are very extended and a pullback or trend reversal is imminent, this will be signified as a gold background on the MoMo. When both MoMo lines are below -10 this shows the bears are very extended and a pullback or trend reversal to the upside is imminent, this will be signified as a purple background on the MoMo. When both MoMo lines are correlating and moving in the same direction the trend is strong. If they are showing inverse signals or the 3 MoMo is rapidly moving while the 24 MoMo is flat this means the trend is choppy or weak. When both MoMos are below -10 or above +10 and the 3 momo rapidly moves to +10 or -10, but the 24 momo remains flat this typically shows a trap is being played and you want to be careful taking a trade in the direction of the 3 MoMo. The midline is a trend line that shows trend direction, green for up red for down and white for sideways.
Use at your own risk. This is not financial advise and this indicator is not guaranteed to make you profits. Please message me if you have any questions or feedback. Enjoy.
This is the Official release of the DBT MoMo. It will be available on my website upon launch. Please do not ask for access. If you would like access please go to my website once it releases, Thank You.
