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Military Trader Momentum Scanner
Military Trader – Momentum Scanner
Military Trader – Momentum Scanner is a momentum-based intraday trading indicator designed to identify high-probability long setups in stocks exhibiting strong price and volume expansion.
The scanner combines five key elements commonly found in leading momentum stocks:
Price above VWAP – confirms institutional buying strength and intraday trend direction.
9 EMA above 20 EMA – identifies bullish short-term momentum.
Volume spike detection – highlights unusual trading activity and increased market participation.
New intraday high breakout – confirms that buyers are pushing the stock into fresh territory.
Bullish price candle – ensures momentum is actively continuing at the signal bar.
When all conditions align, the indicator plots a green "MOMO" signal below the candle and can trigger an alert, helping traders quickly identify potential breakout opportunities.
How to Use
The Momentum Long signal is best suited for:
Small-cap momentum stocks
Earnings-related movers
Gap-and-go setups
High relative volume stocks
Intraday breakout trading
A typical trade setup occurs when a stock is trending above VWAP, volume rapidly increases, and price breaks to a new high of the day while maintaining bullish EMA alignment.
Trade Opportunity Identification
This indicator helps traders focus on stocks that are demonstrating:
✅ Strong buying pressure
✅ Increasing momentum
✅ Institutional support above VWAP
✅ Expansion in volume
✅ Breakout confirmation
Rather than predicting reversals, the scanner is designed to identify stocks already under accumulation and showing signs of momentum continuation, making it particularly useful for day traders seeking breakout and trend-following opportunities.
Risk Disclaimer
This indicator is a trade scanner and not a standalone trading system. Users should combine signals with proper risk management, position sizing, market context, support/resistance analysis, and volume confirmation before entering any trade.
Military Trader – Momentum Scanner is a momentum-based intraday trading indicator designed to identify high-probability long setups in stocks exhibiting strong price and volume expansion.
The scanner combines five key elements commonly found in leading momentum stocks:
Price above VWAP – confirms institutional buying strength and intraday trend direction.
9 EMA above 20 EMA – identifies bullish short-term momentum.
Volume spike detection – highlights unusual trading activity and increased market participation.
New intraday high breakout – confirms that buyers are pushing the stock into fresh territory.
Bullish price candle – ensures momentum is actively continuing at the signal bar.
When all conditions align, the indicator plots a green "MOMO" signal below the candle and can trigger an alert, helping traders quickly identify potential breakout opportunities.
How to Use
The Momentum Long signal is best suited for:
Small-cap momentum stocks
Earnings-related movers
Gap-and-go setups
High relative volume stocks
Intraday breakout trading
A typical trade setup occurs when a stock is trending above VWAP, volume rapidly increases, and price breaks to a new high of the day while maintaining bullish EMA alignment.
Trade Opportunity Identification
This indicator helps traders focus on stocks that are demonstrating:
✅ Strong buying pressure
✅ Increasing momentum
✅ Institutional support above VWAP
✅ Expansion in volume
✅ Breakout confirmation
Rather than predicting reversals, the scanner is designed to identify stocks already under accumulation and showing signs of momentum continuation, making it particularly useful for day traders seeking breakout and trend-following opportunities.
Risk Disclaimer
This indicator is a trade scanner and not a standalone trading system. Users should combine signals with proper risk management, position sizing, market context, support/resistance analysis, and volume confirmation before entering any trade.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.