Momentum Fusion Pro X Elite

1️⃣ Impulse Detection

Purpose: Identify fast, significant price movements that could provide entry opportunities.

upImpulse: Triggered when the current candle breaks above the high from 2 candles ago and closes above that level.

downImpulse: Triggered when the current candle breaks below the low from 2 candles ago and closes below that level.

confirmLong / confirmShort: Only consider candles that close above/below the impulse level to reduce false signals.

Visualization: Boxes and lines mark the impulse zones on the chart.

Explanation: “We mark zones where the price shows clear momentum, helping spot potential entry points.”

2️⃣ Trend Filters

Purpose: Trade in the direction of the main trend.

EMA Fast & Slow: Determine the current timeframe trend.

EMA Multi-Timeframe (HTF): Confirms the trend on a higher timeframe.

trendHTF: Combines EMA, RSI, and CCI from the higher timeframe for stronger trend confirmation.

Explanation: “We only take trades aligned with the current trend and the higher timeframe trend.”

3️⃣ Momentum & Volatility Filters

Purpose: Ensure the move has strength before entering.

RSI & CCI: Confirm momentum and avoid overbought/oversold extremes.

Volume: Only consider candles with above-average volume.

VWAP: Confirms price is above/below VWAP for bullish/bearish validation.

ATR / Volatility: Only enter trades if candle size exceeds a multiple of ATR to filter weak moves.

Explanation: “This ensures entries occur during strong and validated moves, not weak or fake breakouts.”

4️⃣ Signal Scoring System

Purpose: Increase signal reliability by combining multiple filters.

Each filter contributes 1 point: impulse confirmation, EMA trend, HTF trend, RSI, CCI, volume, VWAP, and volatility.

minScore: Minimum number of filters required for a signal (default 6 out of 8).

finalLong / finalShort: Signals only appear if they meet or exceed the minimum score.

Explanation: “Signals are shown only when most indicators agree, reducing false positives.”

5️⃣ Chart Visualization

Green / Red triangles: Strong long or short signals.

Boxes and lines: Show impulse zones for support/resistance levels.

Explanation: “Arrows indicate high-probability trades, while zones help identify key price levels.”

6️⃣ Dashboard

Configurable position: Top Right, Bottom Right, Bottom Left.

Shows:

Number of detected impulse signals

Signal strength (longScore / shortScore)

Trend direction of higher timeframe

Explanation: “Quickly assess signal strength and trend without analyzing each indicator individually.”

7️⃣ Adjustable Parameters

EMA lengths and Trend Window

RSI / CCI periods and overbought/oversold levels

Volume average and ATR multiplier for volatility

Higher timeframe trend confirmation

Minimum active filters for signal validity

Explanation: “You can customize the indicator for conservative or aggressive trading styles.”

⚠️ Disclaimer

This indicator is for educational purposes only and does not guarantee profits. Trading involves risk, and users should trade responsibly and at their own risk.