Trading Department Momentum

A clean, color-coded trend/momentum tool inspired by Decentrader’s Predator.
It fuses trend, momentum, and trend strength into one readable signal and paints candles + an optional histogram with smooth transitions (Strong Bull → Weak Bull → Neutral → Weak Bear → Strong Bear).

How it works

* Trend filter: three EMAs (fast/slow/long) define bullish/bearish context.
* Momentum: MACD histogram and RSI drift capture direction and acceleration.
* Strength / Chop: Wilder’s ADX detects low-quality, choppy conditions.
* These components are normalized into a single score, smoothed, and mapped to colors; optional white dots mark score crossovers when ADX confirms.

Best use

* Designed for 4H / 1D+ to identify market regime at a glance.
* Use as a filter: favor longs in green phases, avoid risk or manage tightly in orange/weak colors, and stand aside in chop. Combine with price action, S/R, or your entry model.

Key settings

* EMA lengths, RSI smoothing, MACD (12/26/9 default).
* ADX length & Chop threshold.
* Score smoothing, candle coloring, background heatmap, histogram, markers, and optional higher-timeframe source.

Notes

* This is an independent implementation; it does not replicate the proprietary Predator formula.
* No trade signals are generated; colors are informational. Always add your own risk management.