OPEN-SOURCE SCRIPT
VK_MomentumEdge Pro
//═══════════════════════════════════
//📊 MOMENTUM EDGE PRO - DESCRIPTION
//═══════════════════════════════════
//
//🎯 STAY WITH THE TREND, TRADE WITH CONFIDENCE
//
//This powerful indicator combines multiple proven strategies to keep you on
//the RIGHT SIDE of the market. No more guessing - let the trend be your friend!
//
////
//📈 WHAT'S INCLUDED:
//─────────────────────────────────────────
//✅ ATR MA & ATR (Blue and Red lines) - Your trend direction guide
//✅ ATR Trail (B1/S1) - Perfect for QUICK TRADES with trailing SL
//✅ SuperTrend (B2/S2) - Catch the BIG moves
//✅ ORB (Opening Range Breakout) - Day trading edge
//
//🎯 TRADING STRATEGIES - Four Powerful Methods
//════════════════════════════════
//📍 STRATEGY 1: SIGNAL-BASED TRADING (Recommended for Beginners)
//──────────────────────────────────────────────
//
//🟢 LONG TRADES (B1/B2 Signals)
// Entry: When B1 or B2 signal appears AFTER CANDLE CLOSE
// Stop Loss: Previous candle low OR recent swing low
// Target:
// • Conservative: 1:1 Risk-Reward
// • Moderate: 1:2 Risk-Reward
// • Aggressive: 1:3 to 1:4 Risk-Reward (after backtesting)
//
// 💡 Tip: B1 = Quick scalps | B2 = Swing trades
//
//🔴 SHORT TRADES (S1/S2 Signals)
// Entry: When S1 or S2 signal appears AFTER CANDLE CLOSE
// Stop Loss: Previous candle high OR recent swing high
// Target:
// • Conservative: 1:1 Risk-Reward
// • Moderate: 1:2 Risk-Reward
// • Aggressive: 1:3 to 1:4 Risk-Reward (after backtesting)
//
// 💡 Tip: S1 = Quick scalps | S2 = Swing trades
//
//────────────────────────────────────────────────────────
//
//📍 STRATEGY 2: ATR CROSSOVER SYSTEM (Trend Following)
//──────────────────────────────────────
//
//🟢 LONG SETUP
// Entry: When Blue ATR MA crosses ABOVE Red ATR line
// Stop Loss: Red ATR line (trailing stop)
// Exit: When Blue ATR MA crosses BELOW Red ATR line
//
// 💡 Best for: Capturing strong trends, ride the momentum
//
//🔴 SHORT SETUP
// Entry: When Blue ATR MA crosses BELOW Red ATR line
// Stop Loss: Red ATR line (trailing stop)
// Exit: When Blue ATR MA crosses ABOVE Red ATR line
//
// 💡 Best for: Riding downtrends with protected downside
//
//─────────────────────────────────────────────────────────
//
//📍 STRATEGY 3: OPENING RANGE BREAKOUT (Day Trading)
//──────────────────────────────────────
//
//🟢 LONG BREAKOUT
// Entry: Price breaks ABOVE white ORB high line (first 15 min range)
// Stop Loss: Below white ORB low line
// Target: 1:1 to 1:2 Risk-Reward
//
// 💡 Best Time: First 30-60 minutes after market open
//
//🔴 SHORT BREAKDOWN
// Entry: Price breaks BELOW white ORB low line (first 15 min range)
// Stop Loss: Above white ORB high line
// Target: 1:1 to 1:2 Risk-Reward
//
// 💡 Best Time: First 30-60 minutes after market open
//
//───────────────────────────────────────────────────────────
//
//📍 STRATEGY 4: MULTI-CONFIRMATION APPROACH (Advanced)
//────────────────────────────────────────
//
//🎯 HIGHEST PROBABILITY TRADES - Combine Multiple Signals:
//
//Example Long Setup:
// ✓ B1 / B2 signal appears on single candle
// ✓ Blue ATR MA is above Red ATR line (trend confirmation)
// ✓ Price breaks above ORB high (momentum confirmation)
// ✓ SuperTrend shows green (bullish confirmation)
//
// Entry: When 2-3 confirmations align
// Stop Loss: Most recent support level
// Target: 1:2 to 1:4 Risk-Reward
//
// 💡 Tip: More confirmations = Higher probability, but fewer trades
//
//──────────────────────────────────────────────────────────
//
//🔧 CUSTOMIZATION FOR YOUR TRADING STYLE
//═══════════════════════════════════════════════════════════
//
//Access Settings to Adjust:
//
//📊 For More Signals (More frequent, less reliable):
// • Decrease ATR Length (e.g., from 11 to 7-8)
// • Decrease SuperTrend Multiplier (e.g., from 2.2 to 1.8-2.0)
// • Decrease ATR Trail Multiplier (e.g., from 1.1 to 0.9-1.0)
//
//📊 For Fewer Signals (Less frequent, more reliable):
// • Increase ATR Length (e.g., from 11 to 14-17)
// • Increase SuperTrend Multiplier (e.g., from 2.2 to 2.5-3.0)
// • Increase ATR Trail Multiplier (e.g., from 1.1 to 1.3-1.5)
//
//📊 For Different Timeframes:
// • Lower Timeframes (1min-5min): Use tighter parameters
// • Higher Timeframes (1H-Daily): Use wider parameters
// • Backtest thoroughly before going live
//
//⚠️ IMPORTANT: Always backtest any parameter changes before using real money!
//
//⚠️ IMPORTANT DISCLAIMER & RISK WARNING
//══════════════════════════════
//
//📋 REGULATORY DISCLOSURE
//───────────────────
//- NOT SEBI REGISTERED - The creator is not registered with SEBI (Securities
// and Exchange Board of India) or any other financial regulatory authority.
//
//- NOT FINANCIAL ADVICE - This indicator is provided for EDUCATIONAL and
// INFORMATIONAL purposes only. It does not constitute financial advice,
// investment advice, trading advice, or any other sort of advice.
//
//- NO INVESTMENT ADVISOR RELATIONSHIP - Use of this indicator does not create
// an advisory or fiduciary relationship between you and the creator.
//
//⚠️ PERFORMANCE & ACCURACY
//─────────────────────
//- NO GUARANTEE OF RESULTS - Past performance does NOT guarantee future results.
// Profitable trades in backtesting or historical data do not ensure future
// profitability.
//
//- NO WARRANTY - This indicator is provided "AS IS" without warranty of any kind,
// either expressed or implied. The creator makes no guarantee regarding accuracy,
// reliability, or completeness of signals.
//
//- MARKET RISKS - All trading involves substantial risk. Markets can be volatile,
// unpredictable, and subject to sudden changes. No indicator can predict market
// movements with certainty.
//
//💰 FINANCIAL RISK WARNING
//─────────────────────
//- HIGH RISK OF LOSS - Trading in stocks, derivatives, forex, crypto, and other
// financial instruments involves substantial risk of loss and is not suitable
// for all investors.
//
//- CAPITAL AT RISK - You should only trade with capital you can afford to lose
// completely. Never invest money you cannot afford to lose.
//
//- LEVERAGE RISKS - If trading with leverage or margin, losses can exceed your
// initial investment. Use leverage cautiously.
//
//- EMOTIONAL & PSYCHOLOGICAL RISKS - Trading can be stressful. Ensure you have
// the emotional capacity to handle potential losses.
//
//👤 YOUR SOLE RESPONSIBILITY
//─────────────────────
//- PERSONAL ACCOUNTABILITY - You are SOLELY and ENTIRELY responsible for:
// ✗ All trading decisions you make
// ✗ All profits and losses resulting from your trades
// ✗ All tax obligations and regulatory compliance
// ✗ Understanding the risks involved before trading
//
//- DO YOUR OWN RESEARCH - Never trade based solely on indicator signals. Always:
// ✓ Conduct your own analysis and research
// ✓ Understand the assets you're trading
// ✓ Have a clear risk management strategy
// ✓ Use proper position sizing
// ✓ Set and follow stop losses
//
//- SEEK PROFESSIONAL ADVICE - Consult with a qualified, registered financial
// advisor before making investment decisions, especially if you're uncertain
// about the suitability of any investment.
//
//- BACKTESTING RECOMMENDED - Before using this indicator with real money:
// 1. Backtest on historical data
// 2. Paper trade to verify performance
// 3. Start with small position sizes
// 4. Gradually scale up only after consistent results
//
//- NO OPTIMAL SETTINGS - There is NO "perfect" setting that works for all
// markets, timeframes, or trading styles. What works in one market condition
// may fail in another.
//
//📊 INDICATOR LIMITATIONS
//──────────────────
//- TOOL, NOT SOLUTION - This indicator is a TOOL to assist your analysis. It
// should be used as part of a comprehensive trading strategy, not as a
// standalone system.
//
//- LAGGING INDICATORS - Most technical indicators, including this one, are based
// on historical price data and may lag current market conditions.
//
//- FALSE SIGNALS - All indicators generate false signals. No indicator is 100%
// accurate. Losses are inevitable in trading.
//
//- WORKS BEST IN TRENDS - This indicator is designed for trending markets. It
// may produce suboptimal results in sideways/ranging markets.
//
//🚫 WHAT THIS INDICATOR DOES NOT DO
//───────────────────────────
//✗ Does NOT guarantee profits
//✗ Does NOT eliminate risk
//✗ Does NOT replace proper education
//✗ Does NOT work 100% of the time
//✗ Does NOT predict the future
//✗ Does NOT replace risk management
//✗ Does NOT compensate for poor trading discipline
//
//✅ BEST PRACTICES FOR SAFE USAGE
//─────────────────────────
//1. EDUCATE YOURSELF - Learn about technical analysis, risk management, and
// trading psychology before trading with real money.
//
//2. START SMALL - Begin with paper trading or very small positions until you
// develop confidence and consistency.
//
//3. RISK MANAGEMENT - Never risk more than 1-2% of your capital on a single trade.
//
//4. USE STOP LOSSES - Always use stop losses. This indicator provides trailing
// stop levels - USE THEM!
//
//5. COMBINE METHODS - Use multiple forms of analysis (fundamental, technical,
// sentiment) along with this indicator.
//
//6. JOURNAL YOUR TRADES - Keep a detailed trading journal to learn from both
// wins and losses.
//
//7. MANAGE EMOTIONS - Follow your trading plan. Don't chase trades or revenge
// trade after losses.
//
//8. TEST BEFORE TRADING - Thoroughly backtest and forward test any settings
// before using real money.
//
//📞 QUESTIONS OR ISSUES?
//──────────────────
//This indicator is provided as-is for educational purposes. The creator provides
//no ongoing support, guarantees, or liability for its use.
//
//══════════════════════════════════════════════════
//BY USING THIS INDICATOR, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD,
//AND AGREE TO ALL TERMS OF THIS DISCLAIMER. YOU ACCEPT FULL RESPONSIBILITY
//FOR YOUR TRADING DECISIONS AND ANY RESULTING OUTCOMES.
//═════════════════════════════════════════════════════════
//
//⚖️ LEGAL NOTICE
//──────────────
//If trading is regulated in your jurisdiction, ensure you comply with all
//applicable laws and regulations. The creator assumes no responsibility for
//any legal consequences resulting from your use of this indicator.
//
//📅 Last Updated: 10 May 2026
//═══════════════════════
//
//💪 Trade Smart. Trade with Discipline. Stay on the Trend Side!
//══════════════════════════════════════════
//
//
//📊 MOMENTUM EDGE PRO - DESCRIPTION
//═══════════════════════════════════
//
//🎯 STAY WITH THE TREND, TRADE WITH CONFIDENCE
//
//This powerful indicator combines multiple proven strategies to keep you on
//the RIGHT SIDE of the market. No more guessing - let the trend be your friend!
//
////
//📈 WHAT'S INCLUDED:
//─────────────────────────────────────────
//✅ ATR MA & ATR (Blue and Red lines) - Your trend direction guide
//✅ ATR Trail (B1/S1) - Perfect for QUICK TRADES with trailing SL
//✅ SuperTrend (B2/S2) - Catch the BIG moves
//✅ ORB (Opening Range Breakout) - Day trading edge
//
//🎯 TRADING STRATEGIES - Four Powerful Methods
//════════════════════════════════
//📍 STRATEGY 1: SIGNAL-BASED TRADING (Recommended for Beginners)
//──────────────────────────────────────────────
//
//🟢 LONG TRADES (B1/B2 Signals)
// Entry: When B1 or B2 signal appears AFTER CANDLE CLOSE
// Stop Loss: Previous candle low OR recent swing low
// Target:
// • Conservative: 1:1 Risk-Reward
// • Moderate: 1:2 Risk-Reward
// • Aggressive: 1:3 to 1:4 Risk-Reward (after backtesting)
//
// 💡 Tip: B1 = Quick scalps | B2 = Swing trades
//
//🔴 SHORT TRADES (S1/S2 Signals)
// Entry: When S1 or S2 signal appears AFTER CANDLE CLOSE
// Stop Loss: Previous candle high OR recent swing high
// Target:
// • Conservative: 1:1 Risk-Reward
// • Moderate: 1:2 Risk-Reward
// • Aggressive: 1:3 to 1:4 Risk-Reward (after backtesting)
//
// 💡 Tip: S1 = Quick scalps | S2 = Swing trades
//
//────────────────────────────────────────────────────────
//
//📍 STRATEGY 2: ATR CROSSOVER SYSTEM (Trend Following)
//──────────────────────────────────────
//
//🟢 LONG SETUP
// Entry: When Blue ATR MA crosses ABOVE Red ATR line
// Stop Loss: Red ATR line (trailing stop)
// Exit: When Blue ATR MA crosses BELOW Red ATR line
//
// 💡 Best for: Capturing strong trends, ride the momentum
//
//🔴 SHORT SETUP
// Entry: When Blue ATR MA crosses BELOW Red ATR line
// Stop Loss: Red ATR line (trailing stop)
// Exit: When Blue ATR MA crosses ABOVE Red ATR line
//
// 💡 Best for: Riding downtrends with protected downside
//
//─────────────────────────────────────────────────────────
//
//📍 STRATEGY 3: OPENING RANGE BREAKOUT (Day Trading)
//──────────────────────────────────────
//
//🟢 LONG BREAKOUT
// Entry: Price breaks ABOVE white ORB high line (first 15 min range)
// Stop Loss: Below white ORB low line
// Target: 1:1 to 1:2 Risk-Reward
//
// 💡 Best Time: First 30-60 minutes after market open
//
//🔴 SHORT BREAKDOWN
// Entry: Price breaks BELOW white ORB low line (first 15 min range)
// Stop Loss: Above white ORB high line
// Target: 1:1 to 1:2 Risk-Reward
//
// 💡 Best Time: First 30-60 minutes after market open
//
//───────────────────────────────────────────────────────────
//
//📍 STRATEGY 4: MULTI-CONFIRMATION APPROACH (Advanced)
//────────────────────────────────────────
//
//🎯 HIGHEST PROBABILITY TRADES - Combine Multiple Signals:
//
//Example Long Setup:
// ✓ B1 / B2 signal appears on single candle
// ✓ Blue ATR MA is above Red ATR line (trend confirmation)
// ✓ Price breaks above ORB high (momentum confirmation)
// ✓ SuperTrend shows green (bullish confirmation)
//
// Entry: When 2-3 confirmations align
// Stop Loss: Most recent support level
// Target: 1:2 to 1:4 Risk-Reward
//
// 💡 Tip: More confirmations = Higher probability, but fewer trades
//
//──────────────────────────────────────────────────────────
//
//🔧 CUSTOMIZATION FOR YOUR TRADING STYLE
//═══════════════════════════════════════════════════════════
//
//Access Settings to Adjust:
//
//📊 For More Signals (More frequent, less reliable):
// • Decrease ATR Length (e.g., from 11 to 7-8)
// • Decrease SuperTrend Multiplier (e.g., from 2.2 to 1.8-2.0)
// • Decrease ATR Trail Multiplier (e.g., from 1.1 to 0.9-1.0)
//
//📊 For Fewer Signals (Less frequent, more reliable):
// • Increase ATR Length (e.g., from 11 to 14-17)
// • Increase SuperTrend Multiplier (e.g., from 2.2 to 2.5-3.0)
// • Increase ATR Trail Multiplier (e.g., from 1.1 to 1.3-1.5)
//
//📊 For Different Timeframes:
// • Lower Timeframes (1min-5min): Use tighter parameters
// • Higher Timeframes (1H-Daily): Use wider parameters
// • Backtest thoroughly before going live
//
//⚠️ IMPORTANT: Always backtest any parameter changes before using real money!
//
//⚠️ IMPORTANT DISCLAIMER & RISK WARNING
//══════════════════════════════
//
//📋 REGULATORY DISCLOSURE
//───────────────────
//- NOT SEBI REGISTERED - The creator is not registered with SEBI (Securities
// and Exchange Board of India) or any other financial regulatory authority.
//
//- NOT FINANCIAL ADVICE - This indicator is provided for EDUCATIONAL and
// INFORMATIONAL purposes only. It does not constitute financial advice,
// investment advice, trading advice, or any other sort of advice.
//
//- NO INVESTMENT ADVISOR RELATIONSHIP - Use of this indicator does not create
// an advisory or fiduciary relationship between you and the creator.
//
//⚠️ PERFORMANCE & ACCURACY
//─────────────────────
//- NO GUARANTEE OF RESULTS - Past performance does NOT guarantee future results.
// Profitable trades in backtesting or historical data do not ensure future
// profitability.
//
//- NO WARRANTY - This indicator is provided "AS IS" without warranty of any kind,
// either expressed or implied. The creator makes no guarantee regarding accuracy,
// reliability, or completeness of signals.
//
//- MARKET RISKS - All trading involves substantial risk. Markets can be volatile,
// unpredictable, and subject to sudden changes. No indicator can predict market
// movements with certainty.
//
//💰 FINANCIAL RISK WARNING
//─────────────────────
//- HIGH RISK OF LOSS - Trading in stocks, derivatives, forex, crypto, and other
// financial instruments involves substantial risk of loss and is not suitable
// for all investors.
//
//- CAPITAL AT RISK - You should only trade with capital you can afford to lose
// completely. Never invest money you cannot afford to lose.
//
//- LEVERAGE RISKS - If trading with leverage or margin, losses can exceed your
// initial investment. Use leverage cautiously.
//
//- EMOTIONAL & PSYCHOLOGICAL RISKS - Trading can be stressful. Ensure you have
// the emotional capacity to handle potential losses.
//
//👤 YOUR SOLE RESPONSIBILITY
//─────────────────────
//- PERSONAL ACCOUNTABILITY - You are SOLELY and ENTIRELY responsible for:
// ✗ All trading decisions you make
// ✗ All profits and losses resulting from your trades
// ✗ All tax obligations and regulatory compliance
// ✗ Understanding the risks involved before trading
//
//- DO YOUR OWN RESEARCH - Never trade based solely on indicator signals. Always:
// ✓ Conduct your own analysis and research
// ✓ Understand the assets you're trading
// ✓ Have a clear risk management strategy
// ✓ Use proper position sizing
// ✓ Set and follow stop losses
//
//- SEEK PROFESSIONAL ADVICE - Consult with a qualified, registered financial
// advisor before making investment decisions, especially if you're uncertain
// about the suitability of any investment.
//
//- BACKTESTING RECOMMENDED - Before using this indicator with real money:
// 1. Backtest on historical data
// 2. Paper trade to verify performance
// 3. Start with small position sizes
// 4. Gradually scale up only after consistent results
//
//- NO OPTIMAL SETTINGS - There is NO "perfect" setting that works for all
// markets, timeframes, or trading styles. What works in one market condition
// may fail in another.
//
//📊 INDICATOR LIMITATIONS
//──────────────────
//- TOOL, NOT SOLUTION - This indicator is a TOOL to assist your analysis. It
// should be used as part of a comprehensive trading strategy, not as a
// standalone system.
//
//- LAGGING INDICATORS - Most technical indicators, including this one, are based
// on historical price data and may lag current market conditions.
//
//- FALSE SIGNALS - All indicators generate false signals. No indicator is 100%
// accurate. Losses are inevitable in trading.
//
//- WORKS BEST IN TRENDS - This indicator is designed for trending markets. It
// may produce suboptimal results in sideways/ranging markets.
//
//🚫 WHAT THIS INDICATOR DOES NOT DO
//───────────────────────────
//✗ Does NOT guarantee profits
//✗ Does NOT eliminate risk
//✗ Does NOT replace proper education
//✗ Does NOT work 100% of the time
//✗ Does NOT predict the future
//✗ Does NOT replace risk management
//✗ Does NOT compensate for poor trading discipline
//
//✅ BEST PRACTICES FOR SAFE USAGE
//─────────────────────────
//1. EDUCATE YOURSELF - Learn about technical analysis, risk management, and
// trading psychology before trading with real money.
//
//2. START SMALL - Begin with paper trading or very small positions until you
// develop confidence and consistency.
//
//3. RISK MANAGEMENT - Never risk more than 1-2% of your capital on a single trade.
//
//4. USE STOP LOSSES - Always use stop losses. This indicator provides trailing
// stop levels - USE THEM!
//
//5. COMBINE METHODS - Use multiple forms of analysis (fundamental, technical,
// sentiment) along with this indicator.
//
//6. JOURNAL YOUR TRADES - Keep a detailed trading journal to learn from both
// wins and losses.
//
//7. MANAGE EMOTIONS - Follow your trading plan. Don't chase trades or revenge
// trade after losses.
//
//8. TEST BEFORE TRADING - Thoroughly backtest and forward test any settings
// before using real money.
//
//📞 QUESTIONS OR ISSUES?
//──────────────────
//This indicator is provided as-is for educational purposes. The creator provides
//no ongoing support, guarantees, or liability for its use.
//
//══════════════════════════════════════════════════
//BY USING THIS INDICATOR, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD,
//AND AGREE TO ALL TERMS OF THIS DISCLAIMER. YOU ACCEPT FULL RESPONSIBILITY
//FOR YOUR TRADING DECISIONS AND ANY RESULTING OUTCOMES.
//═════════════════════════════════════════════════════════
//
//⚖️ LEGAL NOTICE
//──────────────
//If trading is regulated in your jurisdiction, ensure you comply with all
//applicable laws and regulations. The creator assumes no responsibility for
//any legal consequences resulting from your use of this indicator.
//
//📅 Last Updated: 10 May 2026
//═══════════════════════
//
//💪 Trade Smart. Trade with Discipline. Stay on the Trend Side!
//══════════════════════════════════════════
//
//
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.