[iQ]PRO PORASL+

🌟 [iQ]PRO PORASL+ | Dynamic Momentum & Trend Oscillator 🌟
The [iQ]PRO PORASL+ is a proprietary, closed-source technical analysis tool meticulously engineered to deliver exceptional clarity on market momentum, trend strength, and potential reversal points beneath the surface of price action.

This indicator is not merely a traditional oscillator; it represents a sophisticated evolution of classic concepts, adapting to modern market dynamics to provide a powerful edge. It generates a single, normalized plot that oscillates between -100 and +100, offering an intuitive visual gauge of underlying directional bias and velocity.

🔍 Core Functionality & Purpose

Advanced Price Normalization: At its core, the indicator employs a unique, multi-stage calculation to first normalize the current price against a dynamically determined high-low range over a configurable lookback period. This crucial step removes the dependency on absolute price levels, allowing for consistent and cross-asset comparisons.

Dual-Layered Smoothing: To filter out market noise and amplify significant shifts, the [iQ]PRO PORASL+ utilizes a dual-layered smoothing architecture. It applies specialized, proprietary Exponential Moving Average (EMA) techniques at multiple stages of the calculation—to the price series, the average series, and the final normalized ratio—ensuring only high-conviction signals are generated.

Momentum Ratio Analysis: The centerpiece of the indicator is a proprietary ratio comparison. It strategically compares the normalized position of the current price against the normalized position of a specially calculated smoothed average. The resulting ratio forms the basis of the final oscillator value, providing a sensitive measure of whether momentum is accelerating or decelerating relative to the established trend.

📊 Interpretive Features

Normalized Scale: The oscillator's normalized output ranges from -100 to +100. Values above 0 indicate a dominant bullish structure, while values below 0 indicate a dominant bearish structure. Extreme values nearing ±100 suggest maximum momentum strength.

Zero-Line Crossover: Crosses of the Zero Line are pivotal signals, often highlighting a significant shift in market control from buyers to sellers, or vice-versa.

Intelligent Bar Coloring: The indicator features a unique Bar Coloring Module to assist in visual confirmation and trend identification. The bar color adapts dynamically, distinguishing between:

Strong Directional Movement (Bullish/Bearish Confirmation)

Neutral/Zero-Line Transition

Crucial Reversal/Transition Zones (Indicating a potential shift in momentum before a full trend change)

🛡️ Exclusivity and IP Protection

The methodology utilized in the [iQ]PRO PORASL+ incorporates several proprietary mathematical concepts, including specialized TEMA and SSMA applications, custom clamping functions, and a unique formula for the momentum ratio. This tool is meant to be published as a closed-source, invite-only indicator for our valued, paying members to ensure the protection of our intellectual property and the integrity of the signals provided. Free for hopeful followers and members of discord where i share grants to trials and more access . More joining discord and following sobadubdub the more fun tools are useable. . ;)

The [iQ]PRO PORASL+ is designed to be an indispensable tool for traders seeking a deep, refined understanding of market momentum and trend trajectory. Candle coloring for old smart people!