OPEN-SOURCE SCRIPT
Diupdate Velocity + Momentum (SMA-Based)
Velocity + Momentum (SMA-Based) is a clean, powerful oscillator that measures price acceleration using SMA-derived velocity and dual momentum signals. This tool is ideal for identifying directional shifts, exhaustion points, and early entries across any market or timeframe.
How It Works:
This indicator calculates velocity as the distance between the current close and a simple moving average of the open price. Then, it applies two smoothed moving averages to this velocity line:
• Internal Momentum (shorter-term smoothing)
• External Momentum (longer-term context, hidden by default)
The result is a layered view of how fast price is moving and whether that move is gaining or losing strength.
How to Use:
• The green/red histogram shows current velocity (positive = bullish, negative = bearish)
• The teal/maroon line tracks internal momentum and provides short-term signal turns
• The black/gray (hidden) line reflects external momentum and supports broader trend alignment
• Watch for crosses above/below the zero line for confirmation of directional strength
• Use the built-in alerts to catch real-time shifts in all three layers of movement: velocity, internal, and external
Why It's Useful:
• Detects subtle transitions before price structure changes
• Helps filter out noise by comparing short-term vs long-term motion
• Ideal for scalpers, swing traders, and trend-followers alike
• Pairs well with structure-based tools or price action zones
• Works on any asset and timeframe
This indicator simplifies momentum analysis by giving you actionable, multi-layered feedback on how price is accelerating — and when that’s likely to reverse.
How It Works:
This indicator calculates velocity as the distance between the current close and a simple moving average of the open price. Then, it applies two smoothed moving averages to this velocity line:
• Internal Momentum (shorter-term smoothing)
• External Momentum (longer-term context, hidden by default)
The result is a layered view of how fast price is moving and whether that move is gaining or losing strength.
How to Use:
• The green/red histogram shows current velocity (positive = bullish, negative = bearish)
• The teal/maroon line tracks internal momentum and provides short-term signal turns
• The black/gray (hidden) line reflects external momentum and supports broader trend alignment
• Watch for crosses above/below the zero line for confirmation of directional strength
• Use the built-in alerts to catch real-time shifts in all three layers of movement: velocity, internal, and external
Why It's Useful:
• Detects subtle transitions before price structure changes
• Helps filter out noise by comparing short-term vs long-term motion
• Ideal for scalpers, swing traders, and trend-followers alike
• Pairs well with structure-based tools or price action zones
• Works on any asset and timeframe
This indicator simplifies momentum analysis by giving you actionable, multi-layered feedback on how price is accelerating — and when that’s likely to reverse.
Catatan Rilis
New mode added- SMA Extremity. Better for timing bare candle velocity/momentumSkrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.