Momentum & Breakout Confirmation

watch momentum build in real time on the current candle so you can confirm weather a breakout is indeed a breakout or will be a fake out. This is what it does

This is a Momentum & Breakout Confirmation (MBC) indicator that analyzes the current candle in real-time to determine if it's a strong continuation move or possible reversal. Here's the breakdown:
What It Measures:

Momentum Strength - How much % the candle moved:

STRONG = >0.5% move
MEDIUM = 0.2-0.5%
WEAK = <0.2%


Direction - Simply bullish (green candle) or bearish (red candle)
Four Confirmation Factors:

Volume Surge - Is volume 1.5x above the 20-period average?
Move Size - Is the candle body larger than 0.5x ATR (significant)?
Body Strength - Is the body >60% of total candle range (strong conviction, minimal wicks)?
Trend Aligned - Does it align with 9/21 MA trend direction?



The Scoring System:

Adds 1 point for each confirmation factor met (max 4 points)
3-4 points = "STRONG CONTINUATION" 🚀
2 points = "LIKELY CONTINUATION"
1 point = "WEAK SIGNAL"
0 points = "POSSIBLE REVERSAL" ⚠️

Key Difference from TPC:

TPC uses multi-timeframe SuperTrend for strategic entries
MBC focuses on the current candle only - it's asking "Is THIS candle showing real momentum or is it weak/fake?"

Practical Use:
Great for confirming if a breakout or move is "real" with strong conviction behind it, or if it's low-volume/weak-bodied and likely to fail. The table updates live so you can watch momentum build during the candle formation.

Hope it helps. if you guys have any ideas for any indicators you want made please feel free to dm me as i like a good challenge lol ill sit here and try to code anything now im not saying i will be 100 percent successful but i will try for you, thanks for all the support from all you guys i def do appreciate it.