OPEN-SOURCE SCRIPT
Diupdate TRADERXMOM Indicator
TRADERXMOM Indicator (Heikin Ashi/EMA Momentum)
What it does
Plots directional momentum signals on Heikin Ashi price action, generated from three independently-gated pattern types: an initial breakout, a pullback-and-continuation, and an EMA-cross condition. "Signal Up"/"Signal Down" markers indicate qualifying momentum shifts within active sessions.
How it works
Heikin Ashi values are calculated manually within the script rather than via a built-in HA ticker override, keeping signal computation independent from the real OHLC series. A fast EMA pair (8/21) drives trend direction and entry timing; a separate, slower EMA pair (13/48) is shown purely as visual reference and isn't part of the signal logic. Each of the three pattern types requires a full-bodied Heikin Ashi candle (no wick on the trend side) as confirmation:
Breakout — a strong-bodied HA candle closing beyond both EMAs in trend direction
Pullback — trend intact, price pulled back toward the fast EMA over the prior several bars, then a strong-bodied HA candle resumes in trend direction
EMA Cross — the fast/slow EMA pair crosses, confirmed by a strong-bodied HA candle
Recognizing three distinct momentum behaviors rather than relying on a single crossover rule is the core differentiator from standard single-trigger EMA/HA scripts, which typically only catch one of these patterns and miss the others.
Signals are further gated by up to four configurable session windows, a cooldown period between signals to prevent clustering, a defined kill zone that blocks signals late in the session, and an optional VWAP directional filter.
How to use it
Built for micro index futures (MNQ, MES) on lower intraday timeframes. Enable or disable individual sessions and the VWAP filter to match your own trading windows. Signal markers indicate conditions worth evaluating, not automatic entries — always apply your own risk management.
What it does
Plots directional momentum signals on Heikin Ashi price action, generated from three independently-gated pattern types: an initial breakout, a pullback-and-continuation, and an EMA-cross condition. "Signal Up"/"Signal Down" markers indicate qualifying momentum shifts within active sessions.
How it works
Heikin Ashi values are calculated manually within the script rather than via a built-in HA ticker override, keeping signal computation independent from the real OHLC series. A fast EMA pair (8/21) drives trend direction and entry timing; a separate, slower EMA pair (13/48) is shown purely as visual reference and isn't part of the signal logic. Each of the three pattern types requires a full-bodied Heikin Ashi candle (no wick on the trend side) as confirmation:
Breakout — a strong-bodied HA candle closing beyond both EMAs in trend direction
Pullback — trend intact, price pulled back toward the fast EMA over the prior several bars, then a strong-bodied HA candle resumes in trend direction
EMA Cross — the fast/slow EMA pair crosses, confirmed by a strong-bodied HA candle
Recognizing three distinct momentum behaviors rather than relying on a single crossover rule is the core differentiator from standard single-trigger EMA/HA scripts, which typically only catch one of these patterns and miss the others.
Signals are further gated by up to four configurable session windows, a cooldown period between signals to prevent clustering, a defined kill zone that blocks signals late in the session, and an optional VWAP directional filter.
How to use it
Built for micro index futures (MNQ, MES) on lower intraday timeframes. Enable or disable individual sessions and the VWAP filter to match your own trading windows. Signal markers indicate conditions worth evaluating, not automatic entries — always apply your own risk management.
Catatan Rilis
VWAP filter is now always active: signals only above VWAP, signals only below VWAP — filters out counter-trend/choppy signalsCatatan Rilis
Added Alert featureSkrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
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.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
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.