OPEN-SOURCE SCRIPT
Shayan Khursheed Momentum Compass
Here’s a clean TradingView description you can use:
Shayan Khursheed Momentum Compass
Shayan Khursheed Momentum Compass is a beginner-friendly day-trading indicator designed for 1m, 5m, 10m, 15m, and 30m momentum traders.
The goal is simple: make the chart easy to understand by showing a clear final verdict instead of forcing traders to read many indicators separately.
The dashboard gives plain-English signals:
FINAL VERDICT: BUY NOW
FINAL VERDICT: HOLD LONG
FINAL VERDICT: EXIT LONG
FINAL VERDICT: SHORT NOW
FINAL VERDICT: HOLD SHORT
FINAL VERDICT: EXIT SHORT
FINAL VERDICT: WAIT
The script analyzes multiple TradingView data points, including:
Fast and slow EMA momentum
Anchor EMA trend
VWAP position
Higher-timeframe trend confirmation
RSI momentum
MACD direction
ADX/DMI trend strength
Volume strength
ATR volatility
Pullback and breakout triggers
Dynamic stop line
Simple reading rules:
BUY NOW means look for a long entry.
HOLD LONG means stay in the buy.
EXIT LONG means close the buy.
SHORT NOW means look for a short entry.
HOLD SHORT means stay in the short.
EXIT SHORT means close the short.
WAIT means no trade.
The script also includes visual alerts such as BUY NOW, SHORT NOW, HOLD BUY STAY, HOLD SHORT STAY, FIRE SHORT, BUY BUY, and EXIT NOW to make the chart easier to follow during fast-moving markets.
This indicator is built to help traders stay disciplined, avoid guessing, and understand when momentum is strong enough to act.
This script is for education and analysis only. It is not financial advice. Always backtest, paper trade, and use proper risk management before trading with real money.
Shayan Khursheed Momentum Compass
Shayan Khursheed Momentum Compass is a beginner-friendly day-trading indicator designed for 1m, 5m, 10m, 15m, and 30m momentum traders.
The goal is simple: make the chart easy to understand by showing a clear final verdict instead of forcing traders to read many indicators separately.
The dashboard gives plain-English signals:
FINAL VERDICT: BUY NOW
FINAL VERDICT: HOLD LONG
FINAL VERDICT: EXIT LONG
FINAL VERDICT: SHORT NOW
FINAL VERDICT: HOLD SHORT
FINAL VERDICT: EXIT SHORT
FINAL VERDICT: WAIT
The script analyzes multiple TradingView data points, including:
Fast and slow EMA momentum
Anchor EMA trend
VWAP position
Higher-timeframe trend confirmation
RSI momentum
MACD direction
ADX/DMI trend strength
Volume strength
ATR volatility
Pullback and breakout triggers
Dynamic stop line
Simple reading rules:
BUY NOW means look for a long entry.
HOLD LONG means stay in the buy.
EXIT LONG means close the buy.
SHORT NOW means look for a short entry.
HOLD SHORT means stay in the short.
EXIT SHORT means close the short.
WAIT means no trade.
The script also includes visual alerts such as BUY NOW, SHORT NOW, HOLD BUY STAY, HOLD SHORT STAY, FIRE SHORT, BUY BUY, and EXIT NOW to make the chart easier to follow during fast-moving markets.
This indicator is built to help traders stay disciplined, avoid guessing, and understand when momentum is strong enough to act.
This script is for education and analysis only. It is not financial advice. Always backtest, paper trade, and use proper risk management before trading with real money.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。