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Stochastic Momentum multi. strategyThe Stochastic Momentum Index (Stoch MTM, SMI) is based on the Stochastic Oscillator. The difference is that the Stochastic Oscillator calculates where the close is relative to the high/low range, while the SMI calculates where the close is relative to the midpoint of the high/low range. The values of the SMI range from +100 to -100. When the close is greater than the midpoint, the SMI is above zero, when the close is less than than the midpoint, the SMI is below zero. The SMI is interpreted the same way as the Stochastic Oscillator. Extreme high/low SMI values indicate overbought/oversold conditions. A buy signal is generated when the SMI rises above -50, or when it crosses above the signal line. A sell signal is generated when the SMI falls below +50, or when it crosses below the signal line. Also look for divergence with the price to signal the end of a trend or indicate a false trend. The Stochastic Momentum Index was developed by William Blau and was introduced in his article in the January, 1993 issue of Technical Analysis of Stocks & Commodities magazine.
Pine Script® strategy
by new0122
1
Stochastic Momentum Index (Stoch MTM, SMI)Stochastic Momentum Index (Stoch MTM, SMI) The Stochastic Momentum Index (Stoch MTM, SMI) is based on the Stochastic Oscillator. The difference is that the Stochastic Oscillator calculates where the close is relative to the high/low range, while the SMI calculates where the close is relative to the midpoint of the high/low range. The values of the SMI range from +100 to -100. When the close is greater than the midpoint, the SMI is above zero, when the close is less than than the midpoint, the SMI is below zero. The SMI is interpreted the same way as the Stochastic Oscillator. Extreme high/low SMI values indicate overbought/oversold conditions. A buy signal is generated when the SMI rises above -50, or when it crosses above the signal line. A sell signal is generated when the SMI falls below +50, or when it crosses below the signal line. Also look for divergence with the price to signal the end of a trend or indicate a false trend. The Stochastic Momentum Index was developed by William Blau and was introduced in his article in the January, 1993 issue of Technical Analysis of Stocks & Commodities magazine.
Pine Script® indicator
by new0122
Missile RSI (RSI of momentum w/ Dominant Cycle length + Fisher)This is a predictive indicator that looks for explosions in momentum of the cycles in price and large shifts in Momentum (Fisher turns the Bimodal PDF into Guassian like) as statistically unlikely events, showing points to exit or reverse positions. You can adjust the lowpass frequency cuttoff (Aka what cycles you want to remove from the calculations through the super smoother filter). To be honest you can monkey trade the direction of the Signal if you'd like but the Divergences and Maxing of the values is whats most useful. Let me know if you guys want me to add anything else.
Pine Script® indicator
by anoojpatel
Stochastic MomentumStochastic Momentum adds shorter and longer term Stochastic movements on the same chart to indicate relative momentum for short and slightly longer term outlooks. Can be used like a regular Stochastic indicator for overbought / oversold levels, divergence and additionally also the crossing of the shorter (blue) and longer (orange) levels. It is a leading indicator and often signals early moves of momentum, which may or may not translate into the same price movements.
Pine Script® indicator
by EasyTradingSignals
1
Strenght and MomentumThe scope of this script is to measure momentum and strenght of EURO and DOLLAR using their indexes. Forza (line) above 0 means EURO is stonger than DOLLAR Momento (histogram) above 0 means EURO has a positive momentum against DOLLAR The added value to see MACD and RSI directly on EURUSD chart is that indexes consider also other pairs so their RSI and MACD has a larger view on forex markets. Script has also an option for multi timeframes. I think that could be used as filters for LONG or SHORT positions in lower time frames.
Pine Script® indicator
by 03.freeman
Noro's Squeeze Momentum Strategy v1.0This strategy uses 3 different indicators: 1) Squeeze Momentum Indicator (by LazyBear) 2) Color of a candle as filter of signals 3) Candle body size as filter of signals (EMA Body) Strategy If Squeeze Momentum Indicator is indicated uptrend both at the same time by a candle red and at the same time more than a third of a body of an average candle - to open long (and to close short) If Squeeze Momentum Indicator is indicated downtrend both at the same time by a candle green and at the same time more than a third of a body of an average candle - to open short (and to close long)
Pine Script® strategy
by ROBO_Trading
6
Relative Momentum Index Backtest The Relative Momentum Index (RMI) was developed by Roger Altman. Impressed with the Relative Strength Index's sensitivity to the number of look-back periods, yet frustrated with it's inconsistent oscillation between defined overbought and oversold levels, Mr. Altman added a momentum component to the RSI. As mentioned, the RMI is a variation of the RSI indicator. Instead of counting up and down days from close to close as the RSI does, the RMI counts up and down days from the close relative to the close x-days ago where x is not necessarily 1 as required by the RSI). So as the name of the indicator reflects, "momentum" is substituted for "strength". You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
Pine Script® strategy
by HPotter
Relative Momentum Index Strategy The Relative Momentum Index (RMI) was developed by Roger Altman. Impressed with the Relative Strength Index's sensitivity to the number of look-back periods, yet frustrated with it's inconsistent oscillation between defined overbought and oversold levels, Mr. Altman added a momentum component to the RSI. As mentioned, the RMI is a variation of the RSI indicator. Instead of counting up and down days from close to close as the RSI does, the RMI counts up and down days from the close relative to the close x-days ago where x is not necessarily 1 as required by the RSI). So as the name of the indicator reflects, "momentum" is substituted for "strength". WARNING: - This script to change bars colors.
Pine Script® indicator
by HPotter
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.
Pine Script® indicator
by HPotter
4
CMO (Chande Momentum Oscillator) Strategy Backtest This indicator plots Chande Momentum Oscillator. This indicator was developed by Tushar Chande. A scientist, an inventor, and a respected trading system developer, Mr. Chande developed the CMO to capture what he calls "pure momentum". For more definitive information on the CMO and other indicators we recommend the book The New Technical Trader by Tushar Chande and Stanley Kroll. 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.
Pine Script® strategy
by HPotter
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!
Pine Script® strategy
by tux
4
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
Pine Script® indicator
by Algokid
13
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.
Pine Script® indicator
by UDAY_C_Santhakumar
13
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:
Pine Script® indicator
by LazyBear
649
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 :)
Pine Script® indicator
by TheLark
21
⚡ Elite Momentum Pro🎯 Key Features 1. Smart Signal Engine 3 Signal Modes: Aggressive, Balanced, Conservative 7-Point Scoring System - Ensures high-quality signals Anti-Flip Protection - Prevents rapid signal changes Multiple confirmations: Supertrend, MACD, RSI, EMA alignment, momentum 2. Advanced Risk Management 3 Take Profit Levels (TP1, TP2, TP3) for scaling out ATR-Based Dynamic Stops - Adapts to volatility Customizable Risk:Reward (default 2.5:1) Visual stop and target levels 3. Clean Visual Design Color-coded price bars based on trend strength EMA Ribbon (9, 21, 50, 200) for trend clarity
Pine Script® indicator
by jmslimus
Options Momentum SignalCustomizable Intraday Options Scalping Alert. Several important, complementary indicators combined into one simple signal that pops up under a bar to indicate sustained momentum on a trend. It uses a combination of calculations based on the 1m VWAP, price increase in contrast to previous day's close, and customizable Volatility and Volume Data. It has adjustable values for the % increase from last close (labeled as Pre-Mkt % Threshold), minimal candle body % to filter out weaker signals, RVOL threshold, minimum CVD (it's rolling, so functions in tandem with the CVD lookback value for the number of bars.) It offers individual boxes that can be checked on or off to help filter out noise. Boxes are: Use 1m VWAP, Use CVD, 3-bar cooldown (reduces back-to-back signals, especially on shorter (1m, 2m, and 5m) charts), VWAP bounce option to catch bounces happening in real time before the candle closes, Use RVOL, and Use Rolling CVD. These can all be checked on or off and will create vastly different signals depending on what you are filtering for. These indicators were chosen specifically as I feel they help most with option scalping and is intended to be used alongside a few other indicators for confirmation. Personally, I use a couple anchored VWAPs (highest high, session) as well as a FRAMA channel for confirmation. I also use the following to further confirm trends: TradingView’s RVOL, CVD, and Price Pattern Oscillators, in addition to Beardy Fred's TTM Squeeze Pro. Hope this helps some people!
Pine Script® indicator
by TylerisTrading