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Momentum Matrix Signal

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Momentum Matrix Signals is a real-time indicator that finds BUY/SELL signals using a VWMA trend, closing momentum, and a strength score. It allows for re-entries & exits. ⚠️ WARNING: This version repaints; signals can disappear before a bar closes.

Signal Scoring
A signal is only considered if it first meets two mandatory conditions: a momentum trend and VWMA trend alignment.

If these are met, the signal is then scored from 0 to 5 based on a checklist of five factors:

  1. 2-Bar Trend: Confirms initial momentum.
  2. 3-Bar Trend: Confirms sustained momentum.
  3. VWMA Trend: Confirms main trend alignment.
  4. Volume Pressure (OBV): Confirms money flow.
  5. Volume Spike (RVOL): Confirms market interest.

A higher score indicates a stronger, higher-conviction signal.

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.