OPEN-SOURCE SCRIPT
MJ Momentum Fusion [MACD+KDJ]

MJ Momentum Fusion [MACD+KDJ]
Too many indicators give you a signal after the move is already halfway finished. The MJ Momentum Fusion [MACD+KDJ] is designed to be the filter. It only allows a signal to trigger at the birth of a trend.
How the "birth" Works:
The program tracks the exact moment the MACD histogram changes color (crossing the Zero-Line). It then opens a Strict 2-Bar Window.
Why this is different from any other MJ script:
Practical Applications:
Point to Note:
This is a high-conviction indicator. Because it has such a tight window, you will see fewer signals than a standard MACD, but each signal carries significantly more weight because it represents "Perfect Timing" between trend and momentum.
Too many indicators give you a signal after the move is already halfway finished. The MJ Momentum Fusion [MACD+KDJ] is designed to be the filter. It only allows a signal to trigger at the birth of a trend.
How the "birth" Works:
The program tracks the exact moment the MACD histogram changes color (crossing the Zero-Line). It then opens a Strict 2-Bar Window.
- If the J-Line crosses zero within the first or second bar of a new trend—you get a BUY/SELL arrow.
- If the J-Line is late (crossing on the 3rd bar or later), the signal is discarded as "Chasing the Trend."
Why this is different from any other MJ script:
- Prevailing Momentum Only: It stops you from entering at the trend's peak. By limiting signals to the first 2 candlesticks (2K) of a color flip, you ensure you are entering while volatility is just beginning to explode.
- Noise Elimination: No more "spammy" arrows in a long trend. You get one shot at the beginning—if you miss it, the indicator waits for the next full trend reversal.
Practical Applications:
- Day Trading: Ideal for 5M or 15M charts where catching the initial move of the London or New York session is critical.
- Options Selection: Since these signals only fire at the start of momentum, it is the highest probability time to buy OTM/ATM options to benefit from a fast Delta move.
- Risk Management: If you don't see an arrow within the first 2 bars of a trend change, you know statistically that the "easy money" move has passed. Don't chase.
Point to Note:
This is a high-conviction indicator. Because it has such a tight window, you will see fewer signals than a standard MACD, but each signal carries significantly more weight because it represents "Perfect Timing" between trend and momentum.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.