PROTECTED SOURCE SCRIPT
Updated Momentum Play
Description for TradingView
Developed by: Ravi Sanghvi | Momentum Play System
Momentum Play is a premium, high-probability trend-following system engineered to capture explosive moves in the market. This script is designed for traders who want to trade at the edge of momentum, focusing on the strongest breakouts while maintaining institutional-grade risk management.
Key Features:
Momentum Breakout Engine: Automatically scans and triggers "ENTRY" signals on 52-Week High and All-Time High (ATH) breaches—the zones where the biggest moves happen.
Auto-TSL Management: Features a built-in, dynamic TSL (Trailing Stop Loss) powered by ATR. It acts as a protective shield, locking in gains and ensuring you stay in the trend as long as it’s alive.
Rule-Based Exit: Provides a precise "EXIT" signal with a visual red triangle, removing emotional bias and ensuring exits are disciplined and timely.
High-TF Filtering: Hardcoded for Daily, Weekly, and Monthly timeframes to ensure you are only playing the "Big Momentum" and avoiding intraday noise.
Institutional Clarity: Clean UI with minimal clutter. Only actionable labels (ENTRY/EXIT) and the TSL line are displayed.
Visibility: Protected (Source Code Secured)
Developed by: Ravi Sanghvi | Momentum Play System
Momentum Play is a premium, high-probability trend-following system engineered to capture explosive moves in the market. This script is designed for traders who want to trade at the edge of momentum, focusing on the strongest breakouts while maintaining institutional-grade risk management.
Key Features:
Momentum Breakout Engine: Automatically scans and triggers "ENTRY" signals on 52-Week High and All-Time High (ATH) breaches—the zones where the biggest moves happen.
Auto-TSL Management: Features a built-in, dynamic TSL (Trailing Stop Loss) powered by ATR. It acts as a protective shield, locking in gains and ensuring you stay in the trend as long as it’s alive.
Rule-Based Exit: Provides a precise "EXIT" signal with a visual red triangle, removing emotional bias and ensuring exits are disciplined and timely.
High-TF Filtering: Hardcoded for Daily, Weekly, and Monthly timeframes to ensure you are only playing the "Big Momentum" and avoiding intraday noise.
Institutional Clarity: Clean UI with minimal clutter. Only actionable labels (ENTRY/EXIT) and the TSL line are displayed.
Visibility: Protected (Source Code Secured)
Release Notes
Description for TradingViewDeveloped by: Ravi Sanghvi | Momentum Play System
Momentum Play is a premium, high-probability trend-following system engineered to capture explosive moves in the market. This script is designed for traders who want to trade at the edge of momentum, focusing on the strongest breakouts while maintaining institutional-grade risk management.
Key Features:
Momentum Breakout Engine: Automatically scans and triggers "ENTRY" signals on 52-Week High and All-Time High (ATH) breaches—the zones where the biggest moves happen.
Auto-TSL Management: Features a built-in, dynamic TSL (Trailing Stop Loss) powered by ATR. It acts as a protective shield, locking in gains and ensuring you stay in the trend as long as it’s alive.
Rule-Based Exit: Provides a precise "EXIT" signal with a visual red triangle, removing emotional bias and ensuring exits are disciplined and timely.
High-TF Filtering: Hardcoded for Daily, Weekly, and Monthly timeframes to ensure you are only playing the "Big Momentum" and avoiding intraday noise.
Institutional Clarity: Clean UI with minimal clutter. Only actionable labels (ENTRY/EXIT) and the TSL line are displayed.
Visibility: Protected (Source Code Secured)
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.