OPEN-SOURCE SCRIPT
SITREP Momentum Guide
SITREP Momentum Guide
SITREP Momentum Guide is a clean, four-EMA momentum read built for fast intraday decision-making. It plots the 9, 13, 48, and 200 EMAs as a color-coded fan on your chart's current timeframe, with an optional cloud fill between the 9 and 48. Rather than tying the cloud's brightness to raw distance, opacity is driven by how cleanly the fan is stacked — when the EMAs are correctly ordered in the trend direction, the cloud is solid and bright; when the stack is messy or compressing, it fades. The result is a visual that tells you at a glance whether momentum is genuinely aligned or just stretched, without a single number to interpret.
Two signals keep you oriented without cluttering the chart. A confirmed flip arrow fires only when a 9/13 crossover agrees with the broader 48/200 backdrop, filtering out the noise crosses that plague a simple moving-average flip; the word "flipped" rides the most recent flip and steps forward as new ones occur, so the latest shift is always labeled while older ones stay as bare arrows. A breakdown marker drops the moment the fan loses its correct stacking order, and the fan lines themselves desaturate to gray — a redundant, deliberate cue that an aligned trend has come apart.
Every element is independently toggleable: each EMA, the cloud, the flip marker, and the breakdown marker can be switched on or off to suit your style. There are no in-session tunable thresholds — compression and spread are measured relative to the fan's own recent behavior, so the tool adapts to whatever the market is doing rather than asking you to curve-fit a setting mid-trade. It's designed as a momentum guide, not a signal generator: it shows you the state of the trend and leaves the decision to you.
SITREP Momentum Guide is a clean, four-EMA momentum read built for fast intraday decision-making. It plots the 9, 13, 48, and 200 EMAs as a color-coded fan on your chart's current timeframe, with an optional cloud fill between the 9 and 48. Rather than tying the cloud's brightness to raw distance, opacity is driven by how cleanly the fan is stacked — when the EMAs are correctly ordered in the trend direction, the cloud is solid and bright; when the stack is messy or compressing, it fades. The result is a visual that tells you at a glance whether momentum is genuinely aligned or just stretched, without a single number to interpret.
Two signals keep you oriented without cluttering the chart. A confirmed flip arrow fires only when a 9/13 crossover agrees with the broader 48/200 backdrop, filtering out the noise crosses that plague a simple moving-average flip; the word "flipped" rides the most recent flip and steps forward as new ones occur, so the latest shift is always labeled while older ones stay as bare arrows. A breakdown marker drops the moment the fan loses its correct stacking order, and the fan lines themselves desaturate to gray — a redundant, deliberate cue that an aligned trend has come apart.
Every element is independently toggleable: each EMA, the cloud, the flip marker, and the breakdown marker can be switched on or off to suit your style. There are no in-session tunable thresholds — compression and spread are measured relative to the fan's own recent behavior, so the tool adapts to whatever the market is doing rather than asking you to curve-fit a setting mid-trade. It's designed as a momentum guide, not a signal generator: it shows you the state of the trend and leaves the decision to you.
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.