OPEN-SOURCE SCRIPT
#1187 PRPV3
PRPV3 Indicator is a multi-layer momentum and trend framework designed for intraday market structure analysis ⚡
The script combines a custom adaptive smoothing engine 🧠 with EMA confirmation logic 📊 to identify directional momentum shifts, continuation phases 🔄, and short-term trend transitions 📉📈.
🔹 Main Components:
⚙️ PR Trend Engine
Adaptive momentum flow system designed to reduce short-term market noise while maintaining responsiveness during intraday volatility 🌊
📊 EMA Structure Layer
Multi-EMA alignment used for directional confirmation and continuation filtering.
🟢 BUY / 🔴 SELL Signals
Generated from momentum transition events and directional flow shifts.
🚀 BUY+ / 📉 SELL+ Signals
Continuation-based entries triggered when momentum and EMA structure align after the initial signal.
🎨 PR Ribbon
Visual trend-state ribbon for directional awareness and market flow visualization.
🧭 MTF Dashboard
Optional multi-timeframe EMA structure overview for broader market context.
⏱️ The script is intended for discretionary intraday analysis and trend continuation monitoring across multiple market conditions.
⚠️ This indicator is designed as a market analysis framework and should not be considered standalone financial advice.
The script combines a custom adaptive smoothing engine 🧠 with EMA confirmation logic 📊 to identify directional momentum shifts, continuation phases 🔄, and short-term trend transitions 📉📈.
🔹 Main Components:
⚙️ PR Trend Engine
Adaptive momentum flow system designed to reduce short-term market noise while maintaining responsiveness during intraday volatility 🌊
📊 EMA Structure Layer
Multi-EMA alignment used for directional confirmation and continuation filtering.
🟢 BUY / 🔴 SELL Signals
Generated from momentum transition events and directional flow shifts.
🚀 BUY+ / 📉 SELL+ Signals
Continuation-based entries triggered when momentum and EMA structure align after the initial signal.
🎨 PR Ribbon
Visual trend-state ribbon for directional awareness and market flow visualization.
🧭 MTF Dashboard
Optional multi-timeframe EMA structure overview for broader market context.
⏱️ The script is intended for discretionary intraday analysis and trend continuation monitoring across multiple market conditions.
⚠️ This indicator is designed as a market analysis framework and should not be considered standalone financial advice.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.