SHM 8.0 Dual-WMA Momentum Oscillator
SHM Dual-WMA Momentum Oscillator [DWO]
Overview
The SHM Dual-WMA Momentum Oscillator (DWO) is an institutional-grade momentum indicator engineered to isolate structural trend direction, momentum acceleration, and high-probability reversal zones across custom timeframes.
By measuring the percentage distance between a Fast WMA and a Slow WMA, the DWO filters out market noise and locks calculation logic to a customizable higher timeframe wave—allowing you to project and track macro momentum seamlessly across every chart resolution.
Key Features & Architecture
Flexible Multi-Timeframe (MTF) Engine: Full control over your anchor timeframe (Anchor Momentum Timeframe). Choose your preferred momentum wave (e.g., 1H, 4H, Daily/24H, 3D, Weekly) and lock it to display consistently across all timeframes without repainting or distortion.
Universal Timeframe Visibility: Lock your preferred anchor to the 4-Hour wave, and that 4H momentum wave stays strictly visible whether you zoom down to a 15-minute execution chart or step up to inspect the Daily/Weekly macro chart.
Macro Trend Isolation: Eliminates transient intraday volatility, revealing where higher-timeframe capital flow is actually moving.
Triple Equilibrium Baselines: Features customizable numeric anchor points (+33, 0, -33) paired with dynamic 4-color momentum acceleration histograms to easily spot expansion, exhaustion, and mean-reversion zones.
Signal Tracking Line: Integrates a smoothed tracking curve for identifying momentum crossovers and zero-line baseline retests.
How to Use for Analysis
Selecting Your Anchor Timeframe:
Set the Anchor Momentum Timeframe in the settings input to your preferred cycle (e.g., 240 for 4H execution, 1440 for Daily macro, or 1W for high-tf positioning).
Determining Trend Bias:
DWO Line Above Zero Baseline: The selected anchor wave is structurally bullish. Intraday pullbacks act as buying liquidity.
DWO Line Below Zero Baseline: The selected anchor wave is structurally bearish. Intraday bounces act as counter-trend rallies.
Equilibrium Acceleration Histograms:
Green / Teal Histograms: Positive momentum acceleration relative to your selected anchor timeframe.
Red / Dark Red Histograms: Negative momentum acceleration relative to your selected anchor timeframe.
Inputs & Settings
Anchor Momentum Timeframe (Default: 24H / 1440): Selects the timeframe wave to project across all charts (supports 1m up to 1W).
Fast WMA Lookback (Default: 65): Controls the sensitivity of the primary signal curve.
Slow WMA Lookback (Default: 480): Establishes the baseline filter for long-term trend isolation.
Signal Smoothing Line (Default: 63): Adjusts the sensitivity of the signal tracking curve.
Triple Baseline Configuration: Sets the Y-axis levels for upper (+33), zero (0), and lower (-33) histograms.
Disclaimer
This script is designed for educational, informational, and analytical charting purposes only. It does not constitute financial or trading advice. Always perform independent analysis and practice strict risk management.
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คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน