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Indicator Momentum Confluence Engine for TradingView 👑
💡 This indicator blends six familiar momentum and money-flow readings into a single weighted score that moves between -100 and +100, then draws a smoothed signal line next to it. Instead of asking the trader to read RSI, Stochastic, CCI, MACD, rate of change and Money Flow Index in six separate panes, it rescales each of them to the same -100 to +100 range, averages them by weight, and reports how many of them actually agree with the direction of the move.
A signal is raised when the score crosses its signal line. That cross is only accepted if enough of the component weight points the same way, and, depending on the settings, if the score is also rising or falling, a higher timeframe agrees and trend strength is sufficient.
The pane also shows overbought and oversold zones, recolors the price candles by the score, and can map an ATR-based stop with three risk-multiple targets for the signal bar. A dashboard table summarizes the state of every component and filter.
📖 How to Use
➡️ Read the Momentum Score first. Values above zero show positive momentum and values below zero show negative momentum. The further toward +100 or -100, the stronger the combined reading.
➡️ Read the zones. A score inside the upper shaded zone is overbought and a score inside the lower zone is oversold. These are conditions of stretched momentum, not instructions to act.
➡️ Watch the score against the violet signal line. A BULL marker means the score crossed above the signal line and every active filter passed. A BEAR marker means the opposite.
➡️ Check Agreement. A high value means most of the active weight supports the move. A low value with no marker usually means the cross was rejected for lack of agreement.
➡️ Use the Bias row for context. BULL means the score sits at or above Bull Thr, BEAR at or below Bear Thr, and NEUTRAL in between.
➡️ Turn on Higher TF Confirm when you want signals to follow the broader direction. Only crosses that match the higher timeframe Bias state are accepted, and a NEUTRAL higher timeframe blocks both sides.
➡️ Turn on Strength Filter to ignore crosses that happen while ADX is below the threshold, which reduces signals in directionless phases.
➡️ Use the trade levels as a planning reference. Distances are based on ATR, so they widen and narrow with volatility. Always compare them with your own risk limits and the structure visible on the chart.
➡️ Use Lock Signal to freeze the current trade and block new ones while you manage it.
✔️ Instructions how to install are inside archive 😀
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