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 open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.