Golden Crossover Momentum Check

📊 Golden Cross Momentum Screener — Summary
🔍 What It Does

This indicator identifies Golden Cross events — where the 50 EMA crosses above the 200 EMA, signaling a potential long-term trend reversal — and evaluates the momentum strength to help determine whether price is likely to:

Surge immediately (Group B), or
Retrace first (Group A)

It uses 5 momentum-confirming conditions to score the quality of the breakout and display a single label on the chart with a classification.
✅ Momentum Conditions Validated

RSI > 60 and rising – Indicates bullish buying pressure
MACD Histogram > 0 and rising – Confirms increasing momentum
Volume > 2× 20-day average – Validates participation on the breakout
ADX > 25 – Measures trend strength
Price is >5% above 200 EMA – Confirms price extension above long-term trend

Each passing condition adds 1 point to the momentum score (0–5).
📈 How to Use

Watch for a Golden Cross signal (triangle appears below candle)

If momentum score ≥ 4, the script labels the setup as:
"🚀 Surge Likely (Group B)" — consider immediate breakout entries

If score is 2–3, labeled:
"🔄 Pullback Likely (Group A)" — expect retest/consolidation before continuation

If score < 2, labeled:
"❌ No Momentum Confirmed" — avoid or wait for confirmation