Momentum Pulse [@Mishu]
Momentum Pulse measures the difference between a fast and a slow moving average (default 3 / 8) and shows it as an oscillator around zero.
How it works
- Pulse = fast MA - slow MA. Optionally divided by the ATR, so values are comparable across symbols and timeframes (1.0 = one ATR).
- A dead zone around zero (default +/- 0.05) ignores small crossings that usually lead to whipsaws.
- Optional higher-timeframe filter: crosses are only marked when the pulse on the filter timeframe points the same way. The filter uses the last closed higher-timeframe bar, so it does not repaint.
- Histogram (pulse - signal line) with four shades for rising / falling momentum.
- Cross markers appear only after the bar has closed.
Alerts
Bullish cross, bearish cross, any cross - once per bar close.
Limitations
Short lengths react quickly but produce many crossings. The dead zone and the filter reduce them, they do not eliminate them.
This is a rewritten successor of my earlier "Wolfpack id" script (Pine Script v6).
This script is an analysis tool. It does not provide financial advice or trade recommendations.
How it works
- Pulse = fast MA - slow MA. Optionally divided by the ATR, so values are comparable across symbols and timeframes (1.0 = one ATR).
- A dead zone around zero (default +/- 0.05) ignores small crossings that usually lead to whipsaws.
- Optional higher-timeframe filter: crosses are only marked when the pulse on the filter timeframe points the same way. The filter uses the last closed higher-timeframe bar, so it does not repaint.
- Histogram (pulse - signal line) with four shades for rising / falling momentum.
- Cross markers appear only after the bar has closed.
Alerts
Bullish cross, bearish cross, any cross - once per bar close.
Limitations
Short lengths react quickly but produce many crossings. The dead zone and the filter reduce them, they do not eliminate them.
This is a rewritten successor of my earlier "Wolfpack id" script (Pine Script v6).
This script is an analysis tool. It does not provide financial advice or trade recommendations.
Mishundare – Pine Script developer (IntelligenceFlow). My scripts are analysis tools: no signals, no financial advice, no performance promises. Questions or bugs? Leave a comment under the script.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Mishundare – Pine Script developer (IntelligenceFlow). My scripts are analysis tools: no signals, no financial advice, no performance promises. Questions or bugs? Leave a comment under the script.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.