OPEN-SOURCE SCRIPT
VK_MomentumEdge Pro
//═══════════════════════════════════
//📊 MOMENTUM EDGE PRO - DESCRIPTION
//═══════════════════════════════════
//
//🎯 STAY WITH THE TREND, TRADE WITH CONFIDENCE
//
//This powerful indicator combines multiple proven strategies to keep you on
//the RIGHT SIDE of the market. No more guessing - let the trend be your friend!
//
////
//📈 WHAT'S INCLUDED:
//─────────────────────────────────────────
//✅ ATR MA & ATR (Blue and Red lines) - Your trend direction guide
//✅ ATR Trail (B1/S1) - Perfect for QUICK TRADES with trailing SL
//✅ SuperTrend (B2/S2) - Catch the BIG moves
//✅ ORB (Opening Range Breakout) - Day trading edge
//
//🎯 TRADING STRATEGIES - Four Powerful Methods
//════════════════════════════════
//📍 STRATEGY 1: SIGNAL-BASED TRADING (Recommended for Beginners)
//──────────────────────────────────────────────
//
//🟢 LONG TRADES (B1/B2 Signals)
// Entry: When B1 or B2 signal appears AFTER CANDLE CLOSE
// Stop Loss: Previous candle low OR recent swing low
// Target:
// • Conservative: 1:1 Risk-Reward
// • Moderate: 1:2 Risk-Reward
// • Aggressive: 1:3 to 1:4 Risk-Reward (after backtesting)
//
// 💡 Tip: B1 = Quick scalps | B2 = Swing trades
//
//🔴 SHORT TRADES (S1/S2 Signals)
// Entry: When S1 or S2 signal appears AFTER CANDLE CLOSE
// Stop Loss: Previous candle high OR recent swing high
// Target:
// • Conservative: 1:1 Risk-Reward
// • Moderate: 1:2 Risk-Reward
// • Aggressive: 1:3 to 1:4 Risk-Reward (after backtesting)
//
// 💡 Tip: S1 = Quick scalps | S2 = Swing trades
//
//────────────────────────────────────────────────────────
//
//📍 STRATEGY 2: ATR CROSSOVER SYSTEM (Trend Following)
//──────────────────────────────────────
//
//🟢 LONG SETUP
// Entry: When Blue ATR MA crosses ABOVE Red ATR line
// Stop Loss: Red ATR line (trailing stop)
// Exit: When Blue ATR MA crosses BELOW Red ATR line
//
// 💡 Best for: Capturing strong trends, ride the momentum
//
//🔴 SHORT SETUP
// Entry: When Blue ATR MA crosses BELOW Red ATR line
// Stop Loss: Red ATR line (trailing stop)
// Exit: When Blue ATR MA crosses ABOVE Red ATR line
//
// 💡 Best for: Riding downtrends with protected downside
//
//─────────────────────────────────────────────────────────
//
//📍 STRATEGY 3: OPENING RANGE BREAKOUT (Day Trading)
//──────────────────────────────────────
//
//🟢 LONG BREAKOUT
// Entry: Price breaks ABOVE white ORB high line (first 15 min range)
// Stop Loss: Below white ORB low line
// Target: 1:1 to 1:2 Risk-Reward
//
// 💡 Best Time: First 30-60 minutes after market open
//
//🔴 SHORT BREAKDOWN
// Entry: Price breaks BELOW white ORB low line (first 15 min range)
// Stop Loss: Above white ORB high line
// Target: 1:1 to 1:2 Risk-Reward
//
// 💡 Best Time: First 30-60 minutes after market open
//
//───────────────────────────────────────────────────────────
//
//📍 STRATEGY 4: MULTI-CONFIRMATION APPROACH (Advanced)
//────────────────────────────────────────
//
//🎯 HIGHEST PROBABILITY TRADES - Combine Multiple Signals:
//
//Example Long Setup:
// ✓ B1 / B2 signal appears on single candle
// ✓ Blue ATR MA is above Red ATR line (trend confirmation)
// ✓ Price breaks above ORB high (momentum confirmation)
// ✓ SuperTrend shows green (bullish confirmation)
//
// Entry: When 2-3 confirmations align
// Stop Loss: Most recent support level
// Target: 1:2 to 1:4 Risk-Reward
//
// 💡 Tip: More confirmations = Higher probability, but fewer trades
//
//──────────────────────────────────────────────────────────
//
//🔧 CUSTOMIZATION FOR YOUR TRADING STYLE
//═══════════════════════════════════════════════════════════
//
//Access Settings to Adjust:
//
//📊 For More Signals (More frequent, less reliable):
// • Decrease ATR Length (e.g., from 11 to 7-8)
// • Decrease SuperTrend Multiplier (e.g., from 2.2 to 1.8-2.0)
// • Decrease ATR Trail Multiplier (e.g., from 1.1 to 0.9-1.0)
//
//📊 For Fewer Signals (Less frequent, more reliable):
// • Increase ATR Length (e.g., from 11 to 14-17)
// • Increase SuperTrend Multiplier (e.g., from 2.2 to 2.5-3.0)
// • Increase ATR Trail Multiplier (e.g., from 1.1 to 1.3-1.5)
//
//📊 For Different Timeframes:
// • Lower Timeframes (1min-5min): Use tighter parameters
// • Higher Timeframes (1H-Daily): Use wider parameters
// • Backtest thoroughly before going live
//
//⚠️ IMPORTANT: Always backtest any parameter changes before using real money!
//
//⚠️ IMPORTANT DISCLAIMER & RISK WARNING
//══════════════════════════════
//
//📋 REGULATORY DISCLOSURE
//───────────────────
//- NOT SEBI REGISTERED - The creator is not registered with SEBI (Securities
// and Exchange Board of India) or any other financial regulatory authority.
//
//- NOT FINANCIAL ADVICE - This indicator is provided for EDUCATIONAL and
// INFORMATIONAL purposes only. It does not constitute financial advice,
// investment advice, trading advice, or any other sort of advice.
//
//- NO INVESTMENT ADVISOR RELATIONSHIP - Use of this indicator does not create
// an advisory or fiduciary relationship between you and the creator.
//
//⚠️ PERFORMANCE & ACCURACY
//─────────────────────
//- NO GUARANTEE OF RESULTS - Past performance does NOT guarantee future results.
// Profitable trades in backtesting or historical data do not ensure future
// profitability.
//
//- NO WARRANTY - This indicator is provided "AS IS" without warranty of any kind,
// either expressed or implied. The creator makes no guarantee regarding accuracy,
// reliability, or completeness of signals.
//
//- MARKET RISKS - All trading involves substantial risk. Markets can be volatile,
// unpredictable, and subject to sudden changes. No indicator can predict market
// movements with certainty.
//
//💰 FINANCIAL RISK WARNING
//─────────────────────
//- HIGH RISK OF LOSS - Trading in stocks, derivatives, forex, crypto, and other
// financial instruments involves substantial risk of loss and is not suitable
// for all investors.
//
//- CAPITAL AT RISK - You should only trade with capital you can afford to lose
// completely. Never invest money you cannot afford to lose.
//
//- LEVERAGE RISKS - If trading with leverage or margin, losses can exceed your
// initial investment. Use leverage cautiously.
//
//- EMOTIONAL & PSYCHOLOGICAL RISKS - Trading can be stressful. Ensure you have
// the emotional capacity to handle potential losses.
//
//👤 YOUR SOLE RESPONSIBILITY
//─────────────────────
//- PERSONAL ACCOUNTABILITY - You are SOLELY and ENTIRELY responsible for:
// ✗ All trading decisions you make
// ✗ All profits and losses resulting from your trades
// ✗ All tax obligations and regulatory compliance
// ✗ Understanding the risks involved before trading
//
//- DO YOUR OWN RESEARCH - Never trade based solely on indicator signals. Always:
// ✓ Conduct your own analysis and research
// ✓ Understand the assets you're trading
// ✓ Have a clear risk management strategy
// ✓ Use proper position sizing
// ✓ Set and follow stop losses
//
//- SEEK PROFESSIONAL ADVICE - Consult with a qualified, registered financial
// advisor before making investment decisions, especially if you're uncertain
// about the suitability of any investment.
//
//- BACKTESTING RECOMMENDED - Before using this indicator with real money:
// 1. Backtest on historical data
// 2. Paper trade to verify performance
// 3. Start with small position sizes
// 4. Gradually scale up only after consistent results
//
//- NO OPTIMAL SETTINGS - There is NO "perfect" setting that works for all
// markets, timeframes, or trading styles. What works in one market condition
// may fail in another.
//
//📊 INDICATOR LIMITATIONS
//──────────────────
//- TOOL, NOT SOLUTION - This indicator is a TOOL to assist your analysis. It
// should be used as part of a comprehensive trading strategy, not as a
// standalone system.
//
//- LAGGING INDICATORS - Most technical indicators, including this one, are based
// on historical price data and may lag current market conditions.
//
//- FALSE SIGNALS - All indicators generate false signals. No indicator is 100%
// accurate. Losses are inevitable in trading.
//
//- WORKS BEST IN TRENDS - This indicator is designed for trending markets. It
// may produce suboptimal results in sideways/ranging markets.
//
//🚫 WHAT THIS INDICATOR DOES NOT DO
//───────────────────────────
//✗ Does NOT guarantee profits
//✗ Does NOT eliminate risk
//✗ Does NOT replace proper education
//✗ Does NOT work 100% of the time
//✗ Does NOT predict the future
//✗ Does NOT replace risk management
//✗ Does NOT compensate for poor trading discipline
//
//✅ BEST PRACTICES FOR SAFE USAGE
//─────────────────────────
//1. EDUCATE YOURSELF - Learn about technical analysis, risk management, and
// trading psychology before trading with real money.
//
//2. START SMALL - Begin with paper trading or very small positions until you
// develop confidence and consistency.
//
//3. RISK MANAGEMENT - Never risk more than 1-2% of your capital on a single trade.
//
//4. USE STOP LOSSES - Always use stop losses. This indicator provides trailing
// stop levels - USE THEM!
//
//5. COMBINE METHODS - Use multiple forms of analysis (fundamental, technical,
// sentiment) along with this indicator.
//
//6. JOURNAL YOUR TRADES - Keep a detailed trading journal to learn from both
// wins and losses.
//
//7. MANAGE EMOTIONS - Follow your trading plan. Don't chase trades or revenge
// trade after losses.
//
//8. TEST BEFORE TRADING - Thoroughly backtest and forward test any settings
// before using real money.
//
//📞 QUESTIONS OR ISSUES?
//──────────────────
//This indicator is provided as-is for educational purposes. The creator provides
//no ongoing support, guarantees, or liability for its use.
//
//══════════════════════════════════════════════════
//BY USING THIS INDICATOR, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD,
//AND AGREE TO ALL TERMS OF THIS DISCLAIMER. YOU ACCEPT FULL RESPONSIBILITY
//FOR YOUR TRADING DECISIONS AND ANY RESULTING OUTCOMES.
//═════════════════════════════════════════════════════════
//
//⚖️ LEGAL NOTICE
//──────────────
//If trading is regulated in your jurisdiction, ensure you comply with all
//applicable laws and regulations. The creator assumes no responsibility for
//any legal consequences resulting from your use of this indicator.
//
//📅 Last Updated: 10 May 2026
//═══════════════════════
//
//💪 Trade Smart. Trade with Discipline. Stay on the Trend Side!
//══════════════════════════════════════════
//
//
//📊 MOMENTUM EDGE PRO - DESCRIPTION
//═══════════════════════════════════
//
//🎯 STAY WITH THE TREND, TRADE WITH CONFIDENCE
//
//This powerful indicator combines multiple proven strategies to keep you on
//the RIGHT SIDE of the market. No more guessing - let the trend be your friend!
//
////
//📈 WHAT'S INCLUDED:
//─────────────────────────────────────────
//✅ ATR MA & ATR (Blue and Red lines) - Your trend direction guide
//✅ ATR Trail (B1/S1) - Perfect for QUICK TRADES with trailing SL
//✅ SuperTrend (B2/S2) - Catch the BIG moves
//✅ ORB (Opening Range Breakout) - Day trading edge
//
//🎯 TRADING STRATEGIES - Four Powerful Methods
//════════════════════════════════
//📍 STRATEGY 1: SIGNAL-BASED TRADING (Recommended for Beginners)
//──────────────────────────────────────────────
//
//🟢 LONG TRADES (B1/B2 Signals)
// Entry: When B1 or B2 signal appears AFTER CANDLE CLOSE
// Stop Loss: Previous candle low OR recent swing low
// Target:
// • Conservative: 1:1 Risk-Reward
// • Moderate: 1:2 Risk-Reward
// • Aggressive: 1:3 to 1:4 Risk-Reward (after backtesting)
//
// 💡 Tip: B1 = Quick scalps | B2 = Swing trades
//
//🔴 SHORT TRADES (S1/S2 Signals)
// Entry: When S1 or S2 signal appears AFTER CANDLE CLOSE
// Stop Loss: Previous candle high OR recent swing high
// Target:
// • Conservative: 1:1 Risk-Reward
// • Moderate: 1:2 Risk-Reward
// • Aggressive: 1:3 to 1:4 Risk-Reward (after backtesting)
//
// 💡 Tip: S1 = Quick scalps | S2 = Swing trades
//
//────────────────────────────────────────────────────────
//
//📍 STRATEGY 2: ATR CROSSOVER SYSTEM (Trend Following)
//──────────────────────────────────────
//
//🟢 LONG SETUP
// Entry: When Blue ATR MA crosses ABOVE Red ATR line
// Stop Loss: Red ATR line (trailing stop)
// Exit: When Blue ATR MA crosses BELOW Red ATR line
//
// 💡 Best for: Capturing strong trends, ride the momentum
//
//🔴 SHORT SETUP
// Entry: When Blue ATR MA crosses BELOW Red ATR line
// Stop Loss: Red ATR line (trailing stop)
// Exit: When Blue ATR MA crosses ABOVE Red ATR line
//
// 💡 Best for: Riding downtrends with protected downside
//
//─────────────────────────────────────────────────────────
//
//📍 STRATEGY 3: OPENING RANGE BREAKOUT (Day Trading)
//──────────────────────────────────────
//
//🟢 LONG BREAKOUT
// Entry: Price breaks ABOVE white ORB high line (first 15 min range)
// Stop Loss: Below white ORB low line
// Target: 1:1 to 1:2 Risk-Reward
//
// 💡 Best Time: First 30-60 minutes after market open
//
//🔴 SHORT BREAKDOWN
// Entry: Price breaks BELOW white ORB low line (first 15 min range)
// Stop Loss: Above white ORB high line
// Target: 1:1 to 1:2 Risk-Reward
//
// 💡 Best Time: First 30-60 minutes after market open
//
//───────────────────────────────────────────────────────────
//
//📍 STRATEGY 4: MULTI-CONFIRMATION APPROACH (Advanced)
//────────────────────────────────────────
//
//🎯 HIGHEST PROBABILITY TRADES - Combine Multiple Signals:
//
//Example Long Setup:
// ✓ B1 / B2 signal appears on single candle
// ✓ Blue ATR MA is above Red ATR line (trend confirmation)
// ✓ Price breaks above ORB high (momentum confirmation)
// ✓ SuperTrend shows green (bullish confirmation)
//
// Entry: When 2-3 confirmations align
// Stop Loss: Most recent support level
// Target: 1:2 to 1:4 Risk-Reward
//
// 💡 Tip: More confirmations = Higher probability, but fewer trades
//
//──────────────────────────────────────────────────────────
//
//🔧 CUSTOMIZATION FOR YOUR TRADING STYLE
//═══════════════════════════════════════════════════════════
//
//Access Settings to Adjust:
//
//📊 For More Signals (More frequent, less reliable):
// • Decrease ATR Length (e.g., from 11 to 7-8)
// • Decrease SuperTrend Multiplier (e.g., from 2.2 to 1.8-2.0)
// • Decrease ATR Trail Multiplier (e.g., from 1.1 to 0.9-1.0)
//
//📊 For Fewer Signals (Less frequent, more reliable):
// • Increase ATR Length (e.g., from 11 to 14-17)
// • Increase SuperTrend Multiplier (e.g., from 2.2 to 2.5-3.0)
// • Increase ATR Trail Multiplier (e.g., from 1.1 to 1.3-1.5)
//
//📊 For Different Timeframes:
// • Lower Timeframes (1min-5min): Use tighter parameters
// • Higher Timeframes (1H-Daily): Use wider parameters
// • Backtest thoroughly before going live
//
//⚠️ IMPORTANT: Always backtest any parameter changes before using real money!
//
//⚠️ IMPORTANT DISCLAIMER & RISK WARNING
//══════════════════════════════
//
//📋 REGULATORY DISCLOSURE
//───────────────────
//- NOT SEBI REGISTERED - The creator is not registered with SEBI (Securities
// and Exchange Board of India) or any other financial regulatory authority.
//
//- NOT FINANCIAL ADVICE - This indicator is provided for EDUCATIONAL and
// INFORMATIONAL purposes only. It does not constitute financial advice,
// investment advice, trading advice, or any other sort of advice.
//
//- NO INVESTMENT ADVISOR RELATIONSHIP - Use of this indicator does not create
// an advisory or fiduciary relationship between you and the creator.
//
//⚠️ PERFORMANCE & ACCURACY
//─────────────────────
//- NO GUARANTEE OF RESULTS - Past performance does NOT guarantee future results.
// Profitable trades in backtesting or historical data do not ensure future
// profitability.
//
//- NO WARRANTY - This indicator is provided "AS IS" without warranty of any kind,
// either expressed or implied. The creator makes no guarantee regarding accuracy,
// reliability, or completeness of signals.
//
//- MARKET RISKS - All trading involves substantial risk. Markets can be volatile,
// unpredictable, and subject to sudden changes. No indicator can predict market
// movements with certainty.
//
//💰 FINANCIAL RISK WARNING
//─────────────────────
//- HIGH RISK OF LOSS - Trading in stocks, derivatives, forex, crypto, and other
// financial instruments involves substantial risk of loss and is not suitable
// for all investors.
//
//- CAPITAL AT RISK - You should only trade with capital you can afford to lose
// completely. Never invest money you cannot afford to lose.
//
//- LEVERAGE RISKS - If trading with leverage or margin, losses can exceed your
// initial investment. Use leverage cautiously.
//
//- EMOTIONAL & PSYCHOLOGICAL RISKS - Trading can be stressful. Ensure you have
// the emotional capacity to handle potential losses.
//
//👤 YOUR SOLE RESPONSIBILITY
//─────────────────────
//- PERSONAL ACCOUNTABILITY - You are SOLELY and ENTIRELY responsible for:
// ✗ All trading decisions you make
// ✗ All profits and losses resulting from your trades
// ✗ All tax obligations and regulatory compliance
// ✗ Understanding the risks involved before trading
//
//- DO YOUR OWN RESEARCH - Never trade based solely on indicator signals. Always:
// ✓ Conduct your own analysis and research
// ✓ Understand the assets you're trading
// ✓ Have a clear risk management strategy
// ✓ Use proper position sizing
// ✓ Set and follow stop losses
//
//- SEEK PROFESSIONAL ADVICE - Consult with a qualified, registered financial
// advisor before making investment decisions, especially if you're uncertain
// about the suitability of any investment.
//
//- BACKTESTING RECOMMENDED - Before using this indicator with real money:
// 1. Backtest on historical data
// 2. Paper trade to verify performance
// 3. Start with small position sizes
// 4. Gradually scale up only after consistent results
//
//- NO OPTIMAL SETTINGS - There is NO "perfect" setting that works for all
// markets, timeframes, or trading styles. What works in one market condition
// may fail in another.
//
//📊 INDICATOR LIMITATIONS
//──────────────────
//- TOOL, NOT SOLUTION - This indicator is a TOOL to assist your analysis. It
// should be used as part of a comprehensive trading strategy, not as a
// standalone system.
//
//- LAGGING INDICATORS - Most technical indicators, including this one, are based
// on historical price data and may lag current market conditions.
//
//- FALSE SIGNALS - All indicators generate false signals. No indicator is 100%
// accurate. Losses are inevitable in trading.
//
//- WORKS BEST IN TRENDS - This indicator is designed for trending markets. It
// may produce suboptimal results in sideways/ranging markets.
//
//🚫 WHAT THIS INDICATOR DOES NOT DO
//───────────────────────────
//✗ Does NOT guarantee profits
//✗ Does NOT eliminate risk
//✗ Does NOT replace proper education
//✗ Does NOT work 100% of the time
//✗ Does NOT predict the future
//✗ Does NOT replace risk management
//✗ Does NOT compensate for poor trading discipline
//
//✅ BEST PRACTICES FOR SAFE USAGE
//─────────────────────────
//1. EDUCATE YOURSELF - Learn about technical analysis, risk management, and
// trading psychology before trading with real money.
//
//2. START SMALL - Begin with paper trading or very small positions until you
// develop confidence and consistency.
//
//3. RISK MANAGEMENT - Never risk more than 1-2% of your capital on a single trade.
//
//4. USE STOP LOSSES - Always use stop losses. This indicator provides trailing
// stop levels - USE THEM!
//
//5. COMBINE METHODS - Use multiple forms of analysis (fundamental, technical,
// sentiment) along with this indicator.
//
//6. JOURNAL YOUR TRADES - Keep a detailed trading journal to learn from both
// wins and losses.
//
//7. MANAGE EMOTIONS - Follow your trading plan. Don't chase trades or revenge
// trade after losses.
//
//8. TEST BEFORE TRADING - Thoroughly backtest and forward test any settings
// before using real money.
//
//📞 QUESTIONS OR ISSUES?
//──────────────────
//This indicator is provided as-is for educational purposes. The creator provides
//no ongoing support, guarantees, or liability for its use.
//
//══════════════════════════════════════════════════
//BY USING THIS INDICATOR, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD,
//AND AGREE TO ALL TERMS OF THIS DISCLAIMER. YOU ACCEPT FULL RESPONSIBILITY
//FOR YOUR TRADING DECISIONS AND ANY RESULTING OUTCOMES.
//═════════════════════════════════════════════════════════
//
//⚖️ LEGAL NOTICE
//──────────────
//If trading is regulated in your jurisdiction, ensure you comply with all
//applicable laws and regulations. The creator assumes no responsibility for
//any legal consequences resulting from your use of this indicator.
//
//📅 Last Updated: 10 May 2026
//═══════════════════════
//
//💪 Trade Smart. Trade with Discipline. Stay on the Trend Side!
//══════════════════════════════════════════
//
//
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.