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Sri Momentum Plus - CTF with adjustable hiline
Sri Momentum Plus – CTF with Adjustable Hiline
Sri Momentum Plus is a refined, multi-timeframe momentum analyzer designed to visualize trend strength and reversals with precision.
This tool is an enhanced version of traditional momentum oscillators, incorporating custom timeframe control, dynamic sensitivity, and a user-adjustable baseline (hiline) for flexible visualization and alignment with different trading strategies.
⚙️ Key Features
Custom Timeframe (CTF):
Analyze momentum from any selected timeframe (from 1-minute to Monthly), independent of the chart’s current timeframe.
Adjustable Hiline (Base Offset):
Shift the entire momentum structure up or down around your preferred base level. Ideal for aligning multiple indicators or customizing visual zones (e.g., -110, -50, or 0).
Dual Momentum Calculation:
Uses a blend of fast and slow moving averages to capture both short-term bursts and long-term shifts in momentum.
Normalization Options:
Choose between Volatility-based or Price-average-based normalization to adapt the indicator’s sensitivity to different market conditions.
Smart Coloring:
Four-color histogram distinguishes between bullish, bearish, and transitional phases — allowing you to visually detect momentum strength and reversals at a glance.
Signal Line Integration:
Smooths raw momentum into a clear signal line for trend confirmation and cross-over recognition.
🧩 User Controls
Timeframe Selection: Select any timeframe for the momentum calculation, independent of the chart.
Sensitivity: Fine-tune how strongly the indicator reacts to price movements.
Fast/Slow/Signal Periods: Adjust each period length for faster or slower response.
Normalization Method: Choose how momentum is scaled — either by volatility or by average price.
Hiline (Base Offset): Move the baseline up or down to align the indicator with your layout or trading framework.
📊 How to Use
Use histogram color changes and signal line crossovers to identify potential trend shifts.
Adjust the hiline to align with your preferred visual setup or to stack this indicator with other tools.
Works well in combination with volume, trend, or oscillator-based indicators for enhanced decision-making.
💡 Best For
Traders who use momentum-based strategies (swing, intraday, or positional).
Those who prefer custom multi-timeframe analysis to confirm higher-timeframe momentum.
Users seeking visual flexibility and clean separation of bullish/bearish momentum phases.
Sri Momentum Plus is a refined, multi-timeframe momentum analyzer designed to visualize trend strength and reversals with precision.
This tool is an enhanced version of traditional momentum oscillators, incorporating custom timeframe control, dynamic sensitivity, and a user-adjustable baseline (hiline) for flexible visualization and alignment with different trading strategies.
⚙️ Key Features
Custom Timeframe (CTF):
Analyze momentum from any selected timeframe (from 1-minute to Monthly), independent of the chart’s current timeframe.
Adjustable Hiline (Base Offset):
Shift the entire momentum structure up or down around your preferred base level. Ideal for aligning multiple indicators or customizing visual zones (e.g., -110, -50, or 0).
Dual Momentum Calculation:
Uses a blend of fast and slow moving averages to capture both short-term bursts and long-term shifts in momentum.
Normalization Options:
Choose between Volatility-based or Price-average-based normalization to adapt the indicator’s sensitivity to different market conditions.
Smart Coloring:
Four-color histogram distinguishes between bullish, bearish, and transitional phases — allowing you to visually detect momentum strength and reversals at a glance.
Signal Line Integration:
Smooths raw momentum into a clear signal line for trend confirmation and cross-over recognition.
🧩 User Controls
Timeframe Selection: Select any timeframe for the momentum calculation, independent of the chart.
Sensitivity: Fine-tune how strongly the indicator reacts to price movements.
Fast/Slow/Signal Periods: Adjust each period length for faster or slower response.
Normalization Method: Choose how momentum is scaled — either by volatility or by average price.
Hiline (Base Offset): Move the baseline up or down to align the indicator with your layout or trading framework.
📊 How to Use
Use histogram color changes and signal line crossovers to identify potential trend shifts.
Adjust the hiline to align with your preferred visual setup or to stack this indicator with other tools.
Works well in combination with volume, trend, or oscillator-based indicators for enhanced decision-making.
💡 Best For
Traders who use momentum-based strategies (swing, intraday, or positional).
Those who prefer custom multi-timeframe analysis to confirm higher-timeframe momentum.
Users seeking visual flexibility and clean separation of bullish/bearish momentum phases.
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。