Multi-Filter Momentum OscillatorMulti-Filter Momentum Oscillator
Description
The Multi-Filter Momentum Oscillator is an advanced technical indicator that leverages multiple moving average filters to identify trend strength, momentum shifts, and potential reversal points in price action. This indicator combines a cluster-based approach with momentum analysis to provide traders with a comprehensive view of market conditions.
Key Components
Filter Cluster Analysis: The indicator creates an array of moving averages with different periods using your choice of filter (PhiSmoother, EMA, DEMA, TEMA, WMA, or SMA). These filters form a cluster that helps identify the underlying trend direction.
Composite Score: The relative positions of these filters are analyzed to generate a net score, which represents the overall trend strength and direction.
Signal Line: A smoothed version of the composite score that helps identify momentum shifts.
Four-Color Histogram: Visualizes the relationship between the score and signal line with four distinct colors:
Bright Green (Bullish Rising): Positive momentum that is accelerating
Olive Green (Bullish Falling): Positive momentum that is decelerating
Dark Red (Bearish Rising): Negative momentum that is improving
Bright Red (Bearish Falling): Negative momentum that is worsening
LazyLine Overlay: An additional triple-smoothed WMA that can be displayed on the price chart to visualize the dominant trend.
Trading Applications
Trend Direction: The oscillator's position above or below zero indicates the prevailing trend direction.
Momentum Shifts: The histogram's color changes signal momentum shifts before they become apparent in price.
Divergence Detection: Compare oscillator peaks/troughs with price action to identify potential divergences.
Overbought/Oversold Conditions: Extreme readings near the upper and lower threshold levels can indicate potential reversal zones.
Trend Confirmation: The LazyLine overlay confirms the broader trend direction on the price chart.
Customization Options
The indicator offers extensive customization through multiple parameters:
Filter type selection (PhiSmoother, EMA, DEMA, TEMA, WMA, SMA)
Cluster dispersion and trim settings
Post-smoothing options
Signal line parameters
Threshold levels
Color preferences for various elements
Histogram width and visibility
Optional swing signals with customizable placement
Modes
Trend Strength Mode: Focuses on the directional movement of the filter cluster.
Volatility Mode: Weights the score based on the bandwidth of the filter cluster, making it more responsive during volatile periods.
This versatile oscillator combines elements of trend following, momentum analysis, and volatility assessment to provide traders with actionable signals across different market conditions. The four-color histogram adds another dimension to traditional oscillator analysis by visually representing both the direction and strength of momentum shifts.
Trend Analysis
Trend AlertThis script focuses on two key technical indicators: Exponential Moving Averages (EMAs) and the Stochastic Relative Strength Index (Stochastic RSI).
Exponential Moving Averages (EMAs)
EMAs help identify bullish or bearish market momentum. When the shorter EMA (reflecting recent price action) crosses above the longer EMA (based on a broader price history), it suggests an uptrend, signaling a preference for long positions. Conversely, when the shorter EMA crosses below the longer EMA, it indicates a downtrend, favoring short positions.
While not a foolproof system for trade entries or exits, EMAs provide a reliable trend indication. Users can customize EMA settings, and by default, candle colors adjust based on EMA crosses for visual clarity. The default settings are inspired by “Trader XO,” a renowned swing trader.
Stochastic RSI
The Stochastic RSI measures Relative Strength and helps assess momentum. An RSI below 20 indicates an oversold condition, while above 80 signals overbought conditions, suggesting strong momentum in the trend’s direction.
If price forms higher highs while the Stochastic RSI forms lower highs (or vice versa), it signals weakening trend strength. Although this script does not automatically detect divergences, it highlights when the shorter-term RSI (K) crosses above the longer-term RSI (D), indicating potential momentum shifts.
Combining EMAs and Stochastic RSI
EMAs indicate trend direction (bullish or bearish).
Stochastic RSI identifies momentum loss.
Together, they help traders gauge directional bias and anticipate potential trend reversals.
While no signal guarantees accuracy, combining these indicators with market analysis and price action improves decision-making.
ZLSMA Trend- Zero Lag SMA TrendThanks to the original author for this indicator!
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Zero lag signal line, now with ALERT-FIX, an option to get alarms/alerts when trend changes
OBV-EMAThanks to the original author for this script!
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I believe it was removed or lost somehow, I havent done anything to this other than update it to pinescript v5.
And here it is again :-)
Volumatic Variable Index Dynamic Average [Spraycleaner]Thanks to the author for this script/indicator/strategy!
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I have made minor changes to the original source code and added the option to get an alarm when/if the trend changes
B-Xtrender MODThanks to the orignal author for this indicator/strategy/script!
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I have modified this so now its able to give alarms when trend changes, works good on specific TFs and settings....
IMACD [LazyBear] with Custom TimeframeFirst thanks to the original author for this indicator/strategy/script!
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This is my updated version of the LazyBear IMACD aka Impulse MACD indicator!
I added the option to force it to other timeframes (TF) than the one displayed on Your chart.
Further more I added the ability specifically to get an alarm when trend is strong (aka color 0 and color 2 in its settings).
[tradinghook] - Renko Trend Reversal Strategy-SC-MOD V5Thanks the the original author of this script/indicator/strategy!
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I have updated this "renko" strategy with SL and 3 TP levels with % how much to TP at each level. Added a table where You can see these levels + winrate, added the option to specify date ranges to backtest and some other "minor" changes.
Queen Crypto Autotrade V1.60 (Unlocked)🚀 QUEEN CRYPTO AUTOTRADE V1.60 🔥
Fully Automated Trading with Smart Exits! 🤖
The Queen Crypto Autotrade Indicator is designed to automate trading by determining the best entry and exit points . This process works seamlessly by sending order commands directly to the exchange through TradingView’s alert feature, which is then executed by the broker. Equipped with powerful features such as margin and leverage control , trailing stop, take profit (TP), partial TP, and the latest breakthrough, the WNS feature , this indicator offers a smarter and more efficient way to trade.
The WNS (Wait and See) feature is a revolutionary improvement that significantly enhances win rate and profit factor by up to 400%. It works by analyzing price movement as it approaches a trend reversal threshold. If certain conditions are not met, the indicator will not open a new position and will enter a Wait and See mode . However, when the conditions align, the background will turn green, signaling a valid trade opportunity. Positions will only be executed when the trend reversal happens within this green background zone.
This feature effectively eliminates the main weakness of Volatility-based indicators, which often suffer from false signals when the market is in sideways. By integrating WNS feature, Queen Crypto Autotrade ensures higher profitability, improved safety, and minimal drawdown . With this advanced automation, traders can experience a more profitable , secure , and efficient trading strategy like never before. 🚀
Our AutoTrade Indicator doesn’t just automate your trades—it keeps you in the loop 24/7! Every time your position hits Entry, Take Profit (TP) or Trailing Stop, you’ll get an update in our Telegram channel 📱
Our advanced auto-trading indicator not only secures profits with an automatic trailing stop but also detects sideways market conditions to prevent unnecessary losses. When the market enters a sideways phase, the indicator halts new trade entries until conditions are favorable again, ensuring only high-probability trades are executed.
Key Features:
✅ Partial Take Profit (TPP) – Locks in gains at every TP level by closing portions of a trade at set levels. 🎯🟠
✅ Trailing Stop with Moving Target (TS) – The stoploss follows price movements efficiently from one TP point to anothers, securing profits while allowing room for further upside. 🔥
✅ Bias Protection – Prevents market manipulation from eroding gains. 🛡
✅ Adaptive Risk Management – Balances profit-taking with trade longevity. ⚠️
✅ Fully Automated Trading – Handles everything from entry, exit, partial TP, trailing stop, and more. 🤖
✅ Sideway Market Detection – Avoids trading in uncertain conditions, reducing unnecessary losses. 📉
✅ Dynamic & Perfect Exits – Maximized profits with precision ⚡️
✅ Dedicated Telegram Channel – Use it as your personal trading notification hub
✅ Optimized Trade Execution – Ensures trades are only placed when market conditions are ideal.🎯
✅ Direct Order Execution – No 3rd party needed, orders go directly from the indicator to the exchange, saving on monthly fees. 🔗
No more guessing, no more checking charts all day. Trade smarter, stay updated, and maximize profits— All hands-free! 😎
To gain access to this INVITE ONLY script, please contact Telegram:
@CSGadmin
t.me/CSGadmin
ADR%-8 EMA Extension-ADR% Lines This indicator shows the following:
1. ADR%
2. Is the price of the stock extended too far from the 8 EMA
3. What is the daily ADR range
ATR Mean Reversion# ATR Mean Reversion Indicator
## Overview
The ATR Mean Reversion Indicator is designed to identify potential reversal points in the market by detecting when price has become overextended from its mean. The indicator uses Average True Range (ATR) and Keltner Channels to determine when price has moved too far from its average, suggesting a possible reversion back to the mean.
## Key Features
- **Keltner Channels**: Uses EMA as a midline with ATR-based upper and lower bands
- **Trend Detection**: Includes trend strength analysis to avoid countertrend trades
- **Reversal Signals**: Identifies potential buy and sell signals based on price action
- **Risk Management**: Includes parameters for position sizing and stop loss calculations
## Default Settings
- **ATR Period**: 5 (Measures market volatility over the last 5 periods)
- **EMA Period**: 50 (Base line for calculating the mean)
- **Keltner Channel Multiplier**: 2.5 (Width of the bands as a multiple of ATR)
- **Trade Fraction**: 0.5 (Percentage of equity to risk per trade)
- **Stop Loss %**: 0.04 (4% stop loss from entry)
## Visual Elements
- **EMA Line**: Blue line showing the mean price
- **Upper Keltner Channel**: Red line showing overextended high zone
- **Lower Keltner Channel**: Green line showing overextended low zone
- **BUY Signal**: Green triangle below the candle
- **SELL Signal**: Red triangle above the candle
- **Info Panel**: Table in the top-right showing current values and market conditions
## Trading Tips
1. **Best Market Conditions**: This strategy works best in ranging markets or during temporary pullbacks in a trend
2. **Avoid**: Using this strategy in strongly trending markets without confirmation
3. **Confirmation**: Consider waiting for additional confirmation like RSI or volume patterns
4. **Stop Loss**: Always place a stop loss, suggested at the ATR multiplier distance from entry
5. **Take Profit**: Consider taking profits when price approaches the mean (EMA line)
## Risk Management
- Use the trade fraction parameter to control position sizing
- Consider reducing position size in highly volatile markets
- The indicator includes built-in alerts that can be set for both BUY and SELL signals
## Customization
You can adjust the parameters to suit different market conditions:
- Increase the ATR Period for less sensitive volatility measurement
- Increase the Keltner Multiplier for fewer but potentially stronger signals
- Adjust the EMA Period based on your trading timeframe (higher for longer-term trades)
## Best Timeframes
The indicator can be used on any timeframe, but typically works well on:
- 1H, 4H charts for short to medium-term trades
- Daily charts for swing trading opportunities
Remember that no indicator is perfect, and the ATR Mean Reversion indicator should be used as part of a complete trading system with proper risk management.
Normalised Price Crossover - MACD but TickersEver noticed two different tickers are correlated yet have different lags? Ever find one ticker moves first and when the other finally goes to catch up, the first one has already reversed?
So I thought to myself, would be wicked if I took the faster one and made it into a 'Signal Line' and the slow one and made it into a 'Slow Line' almost like a MACD if you will.
So that's what I did, I took the price charts of the tickers and I normalised the price data so they could actually cross, plotted it and sat back to see it generate signals, lo and behold!
Pretty neat, though I'd advise to use spreads and such for the different tickers to really feel the power of the indicator, works well when you use formulas that model actual mechanisms instead of arbitrary price data of different assets as correlation =/= causation.
Enjoy.
FVG Detector by SZEMEKSkrypt "FVG Detector by SZEMEK" to zaawansowany wskaźnik dla platformy TradingView, który służy do wykrywania i wizualizacji luk wartości godziwej (Fair Value Gaps, FVG) na wykresie.
Oto rozszerzony opis funkcjonalności skryptu:
Główne cechy
Wykrywanie FVG:
Skrypt identyfikuje zarówno bycze (Bullish), jak i niedźwiedzie (Bearish) luki wartości godziwej.
Użytkownik może wybrać, które typy FVG mają być wyświetlane (Bullish, Bearish, oba lub żadne).
Wizualizacja FVG:
Luki są przedstawiane jako prostokątne boxy na wykresie.
Kolor i przezroczystość boxów są konfigurowalne osobno dla FVG byczych i niedźwiedzich.
Możliwość dodania ramki do boxów FVG z osobnymi ustawieniami kolorów.
Etykiety FVG:
Opcja wyświetlania etykiet na boxach FVG.
Konfigurowalne kolory i rozmiary etykiet.
Etykiety pokazują procent wypełnienia FVG.
Dynamiczne śledzenie wypełnienia FVG:
Skrypt monitoruje, w jakim stopniu każda luka została wypełniona przez późniejsze ruchy ceny.
Stopień wypełnienia jest wizualizowany za pomocą szarego koloru nakładanego na oryginalny box FVG.
Procent wypełnienia jest aktualizowany na etykiecie.
Automatyczne usuwanie FVG:
Możliwość ustawienia progu procentowego (100%, 75%, 50% lub brak usuwania), po którego przekroczeniu FVG jest usuwany z wykresu.
Jeśli wybrano opcję "nie usuwaj", całkowicie wypełnione FVG zmieniają kolor na szary.
Ograniczenie sprawdzanych świec:
Użytkownik może określić maksymalną liczbę świec wstecz, które skrypt będzie analizował w poszukiwaniu FVG.
Optymalizacja wydajności:
Skrypt wykorzystuje tablice do przechowywania i zarządzania wykrytymi FVG, co poprawia wydajność przy dużej liczbie FVG na wykresie.
Zaawansowane funkcje
Dokładne obliczanie procentu wypełnienia FVG, uwzględniające zarówno knoty, jak i ciała świec.
Dynamiczne aktualizowanie boxów FVG i ich etykiet w czasie rzeczywistym.
Elastyczne zarządzanie pamięcią poprzez usuwanie nieaktualnych lub wypełnionych FVG.
Skrypt ten stanowi zaawansowane narzędzie do analizy technicznej, umożliwiające traderom identyfikację potencjalnych obszarów wsparcia i oporu bazujących na koncepcji luk wartości godziwej.
BTC Futures High Probability Signals by QuAlgoYouTube : @QuAlgo
Telegram : @KyloTrade
TikTok CME:MBT1! : @QuAlgo @KyloTrade (main)
Designed only for Micro Bitcoin h4/h1 (MTB1!)
Queen Crypto Autotrade V1.60 (Unlocked)🚀 QUEEN CRYPTO AUTOTRADE V1.60 🔥
Fully Automated Trading with Smart Exits! 🤖
Our AutoTrade Indicator doesn’t just automate your trades —it keeps you in the loop 24/7! Every time your position hits Entry, Take Profit (TP) or Trailing Stop, you’ll get an update in our Telegram channel 📱
Our advanced auto-trading indicator not only secures profits with an automatic trailing stop but also detects sideways market conditions to prevent unnecessary losses. When the market enters a sideways phase, the indicator halts new trade entries until conditions are favorable again , ensuring only high-probability trades are executed.
V1.60 Update :
Our latest indicator update now includes a sideways market detection feature . This helps you identify potential ranging conditions , making your trades safer and minimizing unnecessary losses . Stay ahead of the market with improved accuracy!
Key Features:
✅ Partial Take Profit (TPP) – Locks in gains at every TP level by closing portions of a trade at set levels. 🎯🟠
✅ Trailing Stop with Moving Target (TS) – The stoploss follows price movements efficiently from one TP point to anothers, securing profits while allowing room for further upside. 🔥
✅ Bias Protection – Prevents market manipulation from eroding gains. 🛡
✅ Adaptive Risk Management – Balances profit-taking with trade longevity. ⚠️
✅ Fully Automated Trading – Handles everything from entry, exit, partial TP, trailing stop, and more. 🤖
✅ Sideway Market Detection – Avoids trading in uncertain conditions, reducing unnecessary losses. 📉
✅ Dynamic & Perfect Exits – Maximized profits with precision ⚡️
✅ Dedicated Telegram Channel – Use it as your personal trading notification hub
✅ Optimized Trade Execution – Ensures trades are only placed when market conditions are ideal.🎯
✅ Direct Order Execution – No 3rd party needed, orders go directly from the indicator to the exchange, saving on monthly fees. 🔗
No more guessing, no more checking charts all day. Trade smarter, stay updated, and maximize profits—All hands-free! 😎
To gain access to this INVITE ONLY script, please contact Telegram:
@CSGadmin
t.me/CSGadmin
Volume Delta Risk ReversalThis ndicator tracks session-based volume delta and displays it in a lower chart panel
Avi - Trendlines EnhancedDeveloped from open-source code by © pikusov (Diagonal Supports and Resistances), this indicator provides traders with a robust and visually intuitive method to identify and monitor key support and resistance levels. Its ability to check for multiple test touches, combined with dynamic updates, customizable visuals, and integrated alert systems, makes it an effective tool for comprehensive technical market analysis.
This advanced TradingView Pine Script indicator dynamically detects and draws support and resistance trendlines based on historical pivot points while also checking for multiple test touches. Here’s a detailed summary of its functionality:
Customizable Trendline Detection:
Historical Analysis: Users specify the number of historical bars to examine for identifying pivot points, enabling a deep scan for reliable support and resistance levels.
Pivot Lookback Settings: The primary pivot lookback period (x1) is user-defined, with a secondary period (x2) calculated as half of x1, allowing the indicator to capture both local lows and highs accurately.
Dynamic Trendline Construction and Multiple Test Validation:
Iterative Pivot Pairing: The script uses nested loops to identify pairs of pivot points (lows for support, highs for resistance) and calculates an interpolated price along the line connecting these pivots.
Testing and Updating Trendlines:
The indicator continuously checks whether the price respects the drawn trendlines.
It verifies if the trendlines have been tested multiple times by iterating through historical bars, ensuring that the level holds up under repeated tests.
When a level is retested, the trendline is updated and a test counter is incremented, thereby reinforcing the significance of the support or resistance level.
Visual Customization Options:
Line Appearance: Users can tailor the trendlines with customizable thickness, dash patterns (solid, dotted, or dashed), and specific colors for support and resistance lines.
Label Settings: Labels display the precise price levels (and optionally the number of tests), with configurable sizes and styles, offering clear visual cues on the chart.
Alerting and Confirmation Mechanisms:
Breakout Alerts: The script triggers alerts when the price action breaches a trendline. It differentiates between standard alerts and those that are volume-confirmed—where the volume exceeds a set multiple of the average—thus minimizing false signals.
RSI-Based Bar Coloring: When enabled, the Relative Strength Index (RSI) is computed, and bars at trendline test points are color-coded (dark red for overbought and dark green for oversold conditions), providing immediate visual feedback on market momentum.
Supporting Analytical Tools:
Pivot Labels: The indicator can display pivot labels using built-in functions, marking key pivot highs and lows with their corresponding price values.
Moving Averages: Two customizable moving averages (fast and slow) can be plotted (using either SMA or EMA), helping to contextualize the trendlines within the broader market trend.
Efficient Object Management:
Array-Based Storage and Cleanup: Arrays are used to store drawn objects (lines and labels), and a cleanup routine ensures that outdated objects are removed with every new bar, keeping the chart clutter-free.
Helper Functions: Utility functions such as price_at for interpolating prices along the trendline and round_to_tick for rounding values enhance the script’s precision and usability.
Consolidation Zones [ActiveQuants]The Consolidation Zones indicator is an innovative tool designed to help traders pinpoint periods of low volatility and market balance . By dynamically plotting zones where price action remains confined within an ATR-defined range around a simple moving average (SMA), this indicator highlights periods of consolidation that often precede breakouts or reversals .
█ KEY FEATURES
Dynamic Zone Detection : Automatically identifies consolidation zones when the price remains within a tight range defined by the SMA and ATR over a specified number of bars, signaling balanced market conditions.
Customizable Parameters : Adjust key inputs such as Minimum Zone Length , ATR Length , the number of bars to display, and zone color, enabling you to tailor the indicator to various market conditions and trading styles.
Automated Zone Management : Efficiently plots consolidation zones and cleans up older ones to maintain a clear and focused chart, ensuring you always have an up-to-date view of recent market behavior.
Enhanced Market Analysis : By visualizing areas of price stability, the indicator aids in spotting potential breakout or reversal points, which can be critical for fine-tuning entry and exit strategies.
█ CONCLUSION
The Consolidation Zones indicator is an essential tool for traders who value volatility analysis and precision timing. By marking key periods of price consolidation, it enhances your market analysis, helping you anticipate potential moves and refine your trading strategy.
█ IMPORTANT
⚠ Consolidation signals should be used alongside other technical indicators or analysis techniques such as trend lines, support/resistance levels, or volume to confirm trading decisions.
⚠ Adjust the indicator’s settings based on your preferred timeframe and asset class to achieve the best results.
█ RISK DISCLAIMER
Trading involves significant risk, and you may lose capital. Past performance is not indicative of future results. This tool provides informational signals only and does not constitute financial advice. Use it at your own risk and consult a qualified financial professional before making trading decisions.
Incorporate this indicator into your trading workflow to improve market timing and optimize your entry and exit strategies.
📈 Happy trading! 🚀
Bollinger Momentum Deviation | QuantEdgeBIntroducing Bollinger Momentum Deviation (BMD) by QuantEdgeB
🛠️ Overview
Bollinger Momentum Deviation (BMD) is a trend-following momentum indicator designed to identify strong price movements while also detecting overbought and oversold conditions in ranging markets.
By normalizing a simple moving average (SMA) with standard deviation, BMD captures momentum shifts, helping traders make data-driven entries and exits. In trending conditions, it acts as a momentum confirmation tool, while in ranging markets, it highlights mean-reversion opportunities for profit-taking or re-accumulation.
BMD combines the best of both worlds—a robust trend-following framework with an integrated volatility-based overbought/oversold detection system.
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✨ Key Features
🔹 Momentum & Trend-Following Core
Built upon a normalized SMA with standard deviation filtering, BMD efficiently tracks price movements while reducing lag.
🔹 Overbought/Oversold Market Detection
By dynamically adjusting its thresholds based on standard deviation, it identifies high-probability reversion zones in sideways markets.
🔹 Adaptive Normalization Mechanism
Ensures consistent signal reliability across different assets and timeframes by standardizing momentum fluctuations.
🔹 Customizable Visual & Signal Settings
Includes multiple color modes, extra plots, and trend labels, making it easy to align with different trading styles.
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📊 How It Works
1️⃣ Normalized Momentum Calculation
BMD computes a normalized momentum score using a simple moving average (SMA) combined with a standard deviation (SD) filter to create dynamic upper and lower bands. The final momentum score is derived by normalizing the price within this volatility-adjusted range. This normalization makes momentum readings comparable across different price levels and timeframes.
2️⃣ Standard Deviation Filtering
Unlike traditional approaches where standard deviation is derived from price as is the first SD, BMDs second SD is driven from the normalized momentum oscillator itself. This allows for a volatility-adjusted smoothing mechanism that adapts to momentum shifts rather than raw price fluctuations. This ensures that the trend signals remain dynamic and responsive, filtering out short-term noise while keeping the core momentum structure intact. By applying standard deviation directly to the oscillator, BMD achieves a self-regulating feedback loop, improving accuracy in both trending and range-bound conditions.
3️⃣ Signal Generation
✅ Long Signal → Upper BMD SD > Long Threshold (83)
❌ Short Signal → Lower BMD SD < Short Threshold (60)
📌 Additional Features:
- Overbought Zone → Values above 130 indicate price extension.
- Oversold Zone → Values below -10 suggest potential accumulation.
- Momentum Labels → Optional "Long" and "Short" markers for clear trade identification.
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👥 Who Should Use It?
✅ Trend Traders & Momentum Followers → Use BMD as a confirmation tool for strong directional trends.
✅ Range & Mean Reversion Traders → Identify reversal opportunities at extreme BMD levels.
✅ Swing & Position Traders → Utilize normalized momentum shifts for data-driven entries & exits.
✅ Systematic & Quant Traders → Implement BMD within algorithmic frameworks for adaptive market detection.
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⚙️ Customization & Default Settings
🔧 Key Custom Inputs:
- Base Length (Default: 40) → Defines the SMA calculation period.
- Standard Deviation Length (Default: 50) → Controls the volatility filter strength.
- SD Multiplier (Default: 0-7) → Adjusts the sensitivity of the momentum filter.
- Long Threshold (Default: 83) → Above this level, momentum is bullish.
- Short Threshold (Default: 60) → Below this level, momentum weakens.
- Visual Customizations → Multiple color themes, extra plots, and trend labels available.
🚀 By default, BMD is optimized for trend-following and momentum filtering while remaining adaptable to various trading strategies.
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📌 How to Use Bollinger Momentum Deviation (BMD) in Trading
1️⃣ Trend-Following Strategy (Momentum Confirmation)
✔ Enter long positions when BMD crosses above the long threshold (83), confirming upward momentum.
✔ Enter short positions when BMD crosses below the short threshold (60), confirming downward momentum.
✔ Stay in trades as long as BMD remains in trend direction, filtering out noise.
2️⃣ Mean Reversion Strategy (Overbought/Oversold Conditions)
✔ Take profits or hedge when BMD crosses above 130 (overbought).
✔ Re-accumulate positions when BMD drops below -10 (oversold).
📌 Why?
- In trending markets, follow BMD’s momentum confirmation.
- In ranging markets, use BMD’s normalized bands to buy at deep discounts and sell into strength.
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📌 Conclusion
Bollinger Momentum Deviation (BMD) is a versatile momentum indicator that combines trend-following mechanics with volatility-adjusted mean reversion zones. By normalizing SMA-based momentum shifts, BMD ensures robust signal reliability across different assets and timeframes.
🔹 Key Takeaways:
1️⃣ Momentum Confirmation & Trend Detection – Captures directional strength with dynamic filtering.
2️⃣ Overbought/Oversold Conditions – Identifies reversal opportunities in sideways markets.
3️⃣ Adaptive & Customizable – Works across different timeframes and trading styles.
🔹 Disclaimer: Past performance is not indicative of future results. No trading strategy can guarantee success in financial markets.
🔹 Strategic Advice: Always backtest, optimize, and align parameters with your trading objectives and risk tolerance before live trading.
Zones Family TraderTraçage de zone en fonction d'un dernier ATH.
En gardant le même écart de 50 points et des zones de 12,50 points. (modifiable)