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Momentum Explosion (by TitikSona)
🧠 Description
Momentum Explosion (by TitikSona)
This indicator combines EMA, SMA, CCI, and RSI to provide an educational view of potential momentum changes in the market. It is intended as a tool to help traders observe market conditions, not as a guaranteed entry system.
⚙️ Core Components
1. Moving Averages
- EMA 8: captures short-term trend
- SMA 26: captures medium-term trend
- Crossover between EMA and SMA highlights changes in trend momentum
2. Commodity Channel Index (CCI)
- Fast CCI (34) and Slow CCI (55)
- Measures deviation from average price, helping identify potential momentum shifts
3. Relative Strength Index (RSI)
- 26-period RSI with adjustable threshold
- Highlights periods when momentum may be strengthening
🎯 Observing Signals
- Buy Signal: EMA crosses above SMA, CCI values positive, RSI above threshold
- Sell Signal: EMA crosses below SMA, CCI values negative, RSI below threshold
- Signals are **informational markers** displayed as green (BUY) and red (SELL) triangles
- Background shading highlights potential momentum areas, but does not guarantee results
💡 How to Use
- Observe signals as **potential reference points**, not as guaranteed trade recommendations
- Combine with other technical analysis methods such as trendlines, support/resistance, or price action
- Adjust parameters to match preferred timeframe or market conditions
⚠️ Risk Management
- This indicator is **educational** and does not guarantee profitable trades
- Always apply proper position sizing and risk controls
- Test thoroughly in a demo or paper trading environment before applying live
🆓 Open & Free
- Fully open-source and free to use or modify for learning purposes
Momentum Explosion (by TitikSona)
This indicator combines EMA, SMA, CCI, and RSI to provide an educational view of potential momentum changes in the market. It is intended as a tool to help traders observe market conditions, not as a guaranteed entry system.
⚙️ Core Components
1. Moving Averages
- EMA 8: captures short-term trend
- SMA 26: captures medium-term trend
- Crossover between EMA and SMA highlights changes in trend momentum
2. Commodity Channel Index (CCI)
- Fast CCI (34) and Slow CCI (55)
- Measures deviation from average price, helping identify potential momentum shifts
3. Relative Strength Index (RSI)
- 26-period RSI with adjustable threshold
- Highlights periods when momentum may be strengthening
🎯 Observing Signals
- Buy Signal: EMA crosses above SMA, CCI values positive, RSI above threshold
- Sell Signal: EMA crosses below SMA, CCI values negative, RSI below threshold
- Signals are **informational markers** displayed as green (BUY) and red (SELL) triangles
- Background shading highlights potential momentum areas, but does not guarantee results
💡 How to Use
- Observe signals as **potential reference points**, not as guaranteed trade recommendations
- Combine with other technical analysis methods such as trendlines, support/resistance, or price action
- Adjust parameters to match preferred timeframe or market conditions
⚠️ Risk Management
- This indicator is **educational** and does not guarantee profitable trades
- Always apply proper position sizing and risk controls
- Test thoroughly in a demo or paper trading environment before applying live
🆓 Open & Free
- Fully open-source and free to use or modify for learning purposes
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.