PROTECTED SOURCE SCRIPT

[KINGS TRANSFORM]

21
[KINGS TRANSFORM]

Short description

KINGS TRANSFORM is a compact, transform-based momentum oscillator with a built-in trigger line and clear reference bands. It highlights crossover signals and visually marks momentum extremes to help you spot directional shifts and high-probability setups across timeframes.

Overview

KINGS TRANSFORM applies a robust transformation to price data, producing a primary oscillator and a smoothed trigger line. The indicator plots both lines along with horizontal reference bands so you can quickly see momentum bias, crossovers (signal events), and areas that historically represent strong/weak momentum.

Key features

Primary oscillator + trigger line (both plotted on the chart).

Built-in horizontal reference levels for quick overbought / oversold context.

Clear crossover signals: buy when the primary crosses above the trigger; sell when it crosses below.

Single, simple input (Length — default 9) for quick tuning.

Lightweight and fast — suitable for all timeframes and most instruments.

Clean visual design and adjustable precision for price-style plotting.

Inputs

Length — smoothing / lookback control (default 9).
No other inputs are required to run the indicator; it’s plug-and-play out of the box.

How to read the indicator (user-facing behavior — no internal formulas exposed)

Primary line vs Trigger line:

When the primary line crosses above the trigger line → a bullish signal (consider as potential long entry or confirmation).

When the primary line crosses below the trigger line → a bearish signal (consider as potential short/exit signal).

Reference bands: Multiple horizontal levels are shown to help identify strong momentum (outer bands) versus milder momentum (inner bands). Use them as context — moves into the outer bands often indicate stronger momentum conditions.

Multi-timeframe use: Works on intraday, daily and higher timeframes. For trade execution, prefer confirming the signal on a higher timeframe or combining with trend filters/support-resistance.

Best practices & recommendations

Use KINGS TRANSFORM as a confirmation tool rather than a sole trigger. Combine with price action, trend filters (moving averages / Alligator), volume, or other indicators.

Backtest and paper-trade settings on your chosen instrument and timeframe before going live.

The default Length = 9 is a starting point — increase for smoother, fewer signals; decrease for a more responsive (but noisier) reading.

Respect position sizing and risk management — no indicator is perfect.

Notes

The indicator is designed for visualization and signal identification only — it does not place orders.

Implementation details and internal transformation logic are intentionally withheld from this description. The indicator exposes clear, actionable outputs (lines, crossovers, reference bands) without revealing the underlying formulas.

Works on instruments that supply standard price series; no special data is required.

Credits & attribution

KINGS TRANSFORM — created and packaged for TradingView.

If you use or modify this script, please keep the original author attribution.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.