OPEN-SOURCE SCRIPT
KAMA Volume Snap [ZOM]
KAMA Volume Snap [ZOM] is an open-source trend/reclaim indicator that combines Kaufman Adaptive Moving Average efficiency, volume-weighted RSI impulse, and ATR-normalized candle thrust.
The script is built to highlight moments where price begins to move cleanly again after noisy conditions. KAMA provides the adaptive trend spine, efficiency measures whether movement is becoming more directional, volume-weighted RSI adds participation/impulse context, and ATR thrust filters for meaningful candle expansion.
Core components:
- Kaufman Adaptive Moving Average trend spine
- Efficiency ratio expansion
- Volume-weighted RSI impulse filter
- ATR thrust confirmation
- Price-locked watch and confirmed signal markers
- Alerts for bullish and bearish watch/confirmed conditions
This is a lightweight confluence tool for continuation and reclaim context. It is not financial advice or a standalone trading system. Combine it with structure, risk controls, and your own review.
The script is built to highlight moments where price begins to move cleanly again after noisy conditions. KAMA provides the adaptive trend spine, efficiency measures whether movement is becoming more directional, volume-weighted RSI adds participation/impulse context, and ATR thrust filters for meaningful candle expansion.
Core components:
- Kaufman Adaptive Moving Average trend spine
- Efficiency ratio expansion
- Volume-weighted RSI impulse filter
- ATR thrust confirmation
- Price-locked watch and confirmed signal markers
- Alerts for bullish and bearish watch/confirmed conditions
This is a lightweight confluence tool for continuation and reclaim context. It is not financial advice or a standalone trading system. Combine it with structure, risk controls, and your own review.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.