OPEN-SOURCE SCRIPT
GCM Price Boost
📌 GCM Price Boost (GCMPB) – by [Your Name]
📈 Overview:
The GCM Price Boost indicator combines Volume Rate of Change (VROC) with a modified RSI Histogram to detect early momentum surges and potential reversal zones — giving you a powerful dual-momentum edge in all markets.
This tool is built for traders who want to spot strong price bursts (boosts) backed by volume and momentum, with visual clarity.
🔍 What It Includes:
✅ VROC Histogram:
Tracks how quickly volume is increasing alongside price.
Helps spot "pump" scenarios — surges in buying or selling pressure.
Color-coded for trend:
🟢 Green when price is rising
🔴 Red when price is falling
⚪ Gray when neutral
Two thresholds:
Small Pump (default 0.5)
Big Pump (default 10.0)
✅ RSI Histogram:
Based on RSI deviations from 50 (mid-level), scaled by a user-defined multiplier.
Color-coded histogram fill for momentum strength:
🟢 Positive = bullish pressure
🔴 Negative = bearish pressure
Histogram line color:
Above zero: 🟢 #2dff00 (bullish)
Below zero: 🔴 #ff0000 (bearish)
✅ Customizable Settings:
Adjustable VROC lookback and thresholds.
Custom RSI period and multiplier.
Amplify VROC histogram height visually via scaling multiplier.
✅ Alerts Built-in:
🔔 GCM Small Pump Detected
🔔 GCM Big Pump Detected
🔔 RSI Buy Signal
🔔 RSI Sell Signal
⚙️ Best Used For:
Spotting volume-backed momentum shifts
Surfing strong price waves (breakouts, pumps)
Timing buy/sell zones using RSI momentum
Combining with other confirmation tools (trend filters, S/R zones, etc.)
🚀 How to Use:
Add this indicator to your chart.
Watch for:
VROC bars crossing pump levels
RSI Histogram entering buy/sell zones
Use alerts to stay notified of key shifts.
Combine with price action or trend filters for higher confidence.
🧠 Pro Tip:
For aggressive traders: Enter when RSI crosses buy/sell level with a matching VROC boost.
For swing traders: Use this as an early warning of upcoming strength or exhaustion.
💬 Feedback & Upgrades:
If you’d like:
Buy/sell arrows
A strategy version for backtesting
Multi-timeframe enhancements
Drop a comment or message — I’m actively maintaining and improving this tool 💪
📈 Overview:
The GCM Price Boost indicator combines Volume Rate of Change (VROC) with a modified RSI Histogram to detect early momentum surges and potential reversal zones — giving you a powerful dual-momentum edge in all markets.
This tool is built for traders who want to spot strong price bursts (boosts) backed by volume and momentum, with visual clarity.
🔍 What It Includes:
✅ VROC Histogram:
Tracks how quickly volume is increasing alongside price.
Helps spot "pump" scenarios — surges in buying or selling pressure.
Color-coded for trend:
🟢 Green when price is rising
🔴 Red when price is falling
⚪ Gray when neutral
Two thresholds:
Small Pump (default 0.5)
Big Pump (default 10.0)
✅ RSI Histogram:
Based on RSI deviations from 50 (mid-level), scaled by a user-defined multiplier.
Color-coded histogram fill for momentum strength:
🟢 Positive = bullish pressure
🔴 Negative = bearish pressure
Histogram line color:
Above zero: 🟢 #2dff00 (bullish)
Below zero: 🔴 #ff0000 (bearish)
✅ Customizable Settings:
Adjustable VROC lookback and thresholds.
Custom RSI period and multiplier.
Amplify VROC histogram height visually via scaling multiplier.
✅ Alerts Built-in:
🔔 GCM Small Pump Detected
🔔 GCM Big Pump Detected
🔔 RSI Buy Signal
🔔 RSI Sell Signal
⚙️ Best Used For:
Spotting volume-backed momentum shifts
Surfing strong price waves (breakouts, pumps)
Timing buy/sell zones using RSI momentum
Combining with other confirmation tools (trend filters, S/R zones, etc.)
🚀 How to Use:
Add this indicator to your chart.
Watch for:
VROC bars crossing pump levels
RSI Histogram entering buy/sell zones
Use alerts to stay notified of key shifts.
Combine with price action or trend filters for higher confidence.
🧠 Pro Tip:
For aggressive traders: Enter when RSI crosses buy/sell level with a matching VROC boost.
For swing traders: Use this as an early warning of upcoming strength or exhaustion.
💬 Feedback & Upgrades:
If you’d like:
Buy/sell arrows
A strategy version for backtesting
Multi-timeframe enhancements
Drop a comment or message — I’m actively maintaining and improving this tool 💪
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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 sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
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.