OPEN-SOURCE SCRIPT

#1187 PRPV3

1 921
PRPV3 Indicator is a multi-layer momentum and trend framework designed for intraday market structure analysis ⚡

The script combines a custom adaptive smoothing engine 🧠 with EMA confirmation logic 📊 to identify directional momentum shifts, continuation phases 🔄, and short-term trend transitions 📉📈.

🔹 Main Components:

⚙️ PR Trend Engine
Adaptive momentum flow system designed to reduce short-term market noise while maintaining responsiveness during intraday volatility 🌊

📊 EMA Structure Layer
Multi-EMA alignment used for directional confirmation and continuation filtering.

🟢 BUY / 🔴 SELL Signals
Generated from momentum transition events and directional flow shifts.

🚀 BUY+ / 📉 SELL+ Signals
Continuation-based entries triggered when momentum and EMA structure align after the initial signal.

🎨 PR Ribbon
Visual trend-state ribbon for directional awareness and market flow visualization.

🧭 MTF Dashboard
Optional multi-timeframe EMA structure overview for broader market context.

⏱️ The script is intended for discretionary intraday analysis and trend continuation monitoring across multiple market conditions.

⚠️ This indicator is designed as a market analysis framework and should not be considered standalone financial advice.

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