Fusion Of Momentum Oscillator [A0A-Indicator]

20 Jan

The "Fusion Of Momentum Oscillator [A0A-Indicator]" is an advanced trading tool, meticulously designed and developed by A0A, the original creator and innovator behind this unique script. Combining "Price" and "Interest" metrics, it provides traders with a sophisticated yet intuitive way to analyze market dynamics, offering unmatched clarity and actionable insights.

Key Features
Designed by A0A – Innovation at its Core

- This script reflects the visionary expertise of A0A, integrating proprietary methodologies to deliver an unparalleled trading experience.
Built to empower traders with a seamless blend of simplicity, functionality, and precision.

- Adaptable Timeframe Selection
Supports customizable timeframes to suit various trading strategies—whether you're a day trader, swing trader, or long-term investor.
Adjust the analysis to your preferred timeframe for deeper insights.

- Two Core Metrics for Market Analysis
Price: Tracks and visualizes price momentum with adjustable sensitivity and customizable periods, providing a clear view of trend strength.
Interest: Measures and highlights shifts in market activity, revealing potential areas of increased trading focus.

- Normalized Value Scale
Both metrics are normalized on a scale of -100 to 100, making them easy to interpret and directly comparable.
Offers a clear, standardized perspective on market trends and movements.

- Stunning Visual Representation
Dynamic Color Coding:
Positive and negative values for "Price" are color-coded for immediate trend recognition.
Smooth Transparency:
"Interest" is plotted as a semi-transparent area, drawing attention to key market activity changes.

Reference Levels
Horizontal markers at critical levels (-50, 0, 50) help traders easily identify zones of interest.

- Fully Customizable Aesthetics
Personalize color schemes for "Price" and "Interest" to match your visual preferences.
Create a clear and tailored visual experience that supports your trading workflow.

- Optimized for Speed and Accuracy
Built using efficient algorithms for fast, precise calculations without sacrificing performance.
Provides reliable results, even in fast-moving markets.
Why Choose the A0A Indicator?

Creator’s Legacy
Developed by A0A, this script incorporates expertise and innovation in trading technology.

Actionable Insights
Focuses on delivering signals that are clear, intuitive, and aligned with real-world market behavior.

Adaptability for All Traders
From beginners to professionals, this tool is flexible enough to meet the needs of any trader.

Perfect for Every Trading Style
Trend Followers
Stay on top of market momentum with clear visual cues.

Signal Seekers
Pinpoint potential reversal points and breakout zones with ease.

Strategic Investors
Make data-driven decisions with a focus on market behavior.

21 Jan

Nota Keluaran

V.1.1: The Price to Interest Average Curve represents the average of the normalized Price-Curve and the normalized Interest-Curve. It provides a combined perspective on price and market interest dynamics to support better trading decisions.

30 Jan

Nota Keluaran

V1.2
Timeframe changed from 30 to 1

Normalization Period changed from 210 to 240

Price Long Period changed from 32 to 30
Price Short Period changed from 16 to 15
Price Sensitivity Period changed from 20 to 22

Interest Slow Length changed from 32 to 30
Interest Fast Length changed from 16 to 15
Sensitivity Signal Length changed from 20 to 22

hline 66 added
hline 61.8 added
hline 38.2 added
hline -38.2 added
hline -61.8 added
hline -66 added

hline 50 removed
hline -50 removed

30 Jan

Nota Keluaran

New chart overview added

5 Feb

Nota Keluaran

V1.3
Normalization period changed from 240 to 480

New function: RSI, period: 48

Optimizations in the settings, better structure and finer settings

8 Feb

Nota Keluaran

V 1.4

Color optimization

Price Short Period changed from 15 to 12
Price Sensitivity Period changed from 22 to 24

Interest Fast Length changed from 15 to 12
Sensitivity Signal Length changed from 22 to 24

Note: if the background color is white, please set the hlines to black.

8 Feb

Nota Keluaran

V 1.4.1

Hline thickness optimized

Chart update

1 Mei

Nota Keluaran

FOMO Indicator Update: Version 2.0

Dear Members,
I'm excited to announce the release of FOMO Indicator v2.0, a significant upgrade to our Fusion Of Momentum Oscillator. This update introduces optimized parameters, improved visuals, and enhanced responsiveness across various timeframes, making it even more effective for your trading strategies. Below, we outline the key changes from v1.4.1 to v2.0, with specific references to the Interest and Price.

Key Updates in Version 2.0


1. Timeframe Flexibility

Old (v1.4.1): Fixed default timeframe set to "1" (1-minute chart).

New (v2.0): Timeframe input now defaults to the chart's timeframe (input.timeframe(defval="")), allowing seamless adaptation to your preferred timeframe (e.g., 15min, 30min, 1h, 4h).

Why? This change ensures the indicator dynamically aligns with your chart, making it more versatile for day trading and swing trading.


2. Normalization Period Adjustment

Old (v1.4.1): Normalization period set to 480 bars.

New (v2.0): Reduced to 200 bars for better balance between responsiveness and stability.
Why? A shorter normalization period makes the indicator more sensitive to recent market movements, improving accuracy on shorter timeframes like 15min or 20min.


3. Price Enhancements

Description: The Price component, measures momentum using the Price of Change and Sensitivity.

Parameter Updates:
Price Long Period: Reduced from 30 to 24.
Price Short Period: Increased from 12 to 16.
Sensitivity Period: Reduced from 24 to 20.

Visual Improvements:
Above 0: New color (RGB: 247, 124, 128, 50) for a softer, more distinct appearance.
Below 0: New color (RGB: 129, 199, 132, 50) for better contrast.
Plot style remains style_area, but linewidth increased to 2 for clarity.

Why? These adjustments make the Price curve more responsive to market trends, especially on 1h and 4h timeframes, while the updated colors improve readability.


4. Interest Enhancements

Description: The Interest component, tracks the difference between fast and slow gauge market momentum and trend strength.

Parameter Updates:

Interest Slow Length: Reduced from 30 to 26.
Interest Fast Length: Unchanged at 12.
Signal Length: Reduced from 24 to 9.

Visual Improvements:
Color updated to a lighter, semi-transparent black for better layering.
Plot style remains style_area, with linewidth increased to 2 for emphasis.

Why? The tweaked parameters make the Interest component faster to react to price changes, ideal for shorter timeframes like 15min and 20min, while maintaining reliability on 4h charts.


5. RSI Improvements

Parameter Update: RSI period reduced from 48 to 14 for greater sensitivity.

Visual Update:
Color changed to a vibrant yellow.
Plot style switched from style_line to style_stepline for a modern, stepped appearance.


Why? A shorter RSI period aligns better with active trading on lower timeframes, and the new plot style enhances visual distinction.


6. Price-to-Interest Average Curve

New Colors:
Above 0: Darker green.
Below 0: Darker red.

Why? The updated colors provide clearer signals for trend direction, especially when combining Price and Interest data.


7. Horizontal Lines Update

Old (v1.4.1): Levels at ±66, ±61.8, ±38.2, 0.

New (v2.0):
Replaced ±38.2 with ±33.32, updated colors for better visibility:

±61.8: Red for positive, Green for negative.).
±33.32: Red for positive, Green for negative.
±66 and 0: White, solid for consistency.

Why? The ±33.32 levels align with Fibonacci-based trading strategies, offering more precise entry/exit zones or bounce area for 1h and 4h timeframes.

8. Visual and Performance Optimizations

All curves now use a consistent plotting approach with improved linewidths and transparency for better layering.
Reduced computational load by optimizing normalization calculations, ensuring smoother performance on lower timeframes like 15min and 20min.

How to Update

Replace the old v1.4.1 script with the new v2.0 script in your TradingView Pine Editor.
Adjust the timeframe input to match your chart (or leave as default for auto-adaptation).
Experiment with the updated parameters to fine-tune for your trading style.

Thank you for your continued support!
I believe FOMO v2.0 will elevate your trading experience with its refined Price and Interest components.
If you have any questions or feedback, feel free to reach out.

Happy Trading! [A0A-Indicator Team]

P.S.: Working on the FOMO Guide.