OPEN-SOURCE SCRIPT
GCM Price Boost
📌 GCM Price Boost (GCMPB) – by [Your Name]
📈 Overview:
The GCM Price Boost indicator combines Volume Rate of Change (VROC) with a modified RSI Histogram to detect early momentum surges and potential reversal zones — giving you a powerful dual-momentum edge in all markets.
This tool is built for traders who want to spot strong price bursts (boosts) backed by volume and momentum, with visual clarity.
🔍 What It Includes:
✅ VROC Histogram:
Tracks how quickly volume is increasing alongside price.
Helps spot "pump" scenarios — surges in buying or selling pressure.
Color-coded for trend:
🟢 Green when price is rising
🔴 Red when price is falling
⚪ Gray when neutral
Two thresholds:
Small Pump (default 0.5)
Big Pump (default 10.0)
✅ RSI Histogram:
Based on RSI deviations from 50 (mid-level), scaled by a user-defined multiplier.
Color-coded histogram fill for momentum strength:
🟢 Positive = bullish pressure
🔴 Negative = bearish pressure
Histogram line color:
Above zero: 🟢 #2dff00 (bullish)
Below zero: 🔴 #ff0000 (bearish)
✅ Customizable Settings:
Adjustable VROC lookback and thresholds.
Custom RSI period and multiplier.
Amplify VROC histogram height visually via scaling multiplier.
✅ Alerts Built-in:
🔔 GCM Small Pump Detected
🔔 GCM Big Pump Detected
🔔 RSI Buy Signal
🔔 RSI Sell Signal
⚙️ Best Used For:
Spotting volume-backed momentum shifts
Surfing strong price waves (breakouts, pumps)
Timing buy/sell zones using RSI momentum
Combining with other confirmation tools (trend filters, S/R zones, etc.)
🚀 How to Use:
Add this indicator to your chart.
Watch for:
VROC bars crossing pump levels
RSI Histogram entering buy/sell zones
Use alerts to stay notified of key shifts.
Combine with price action or trend filters for higher confidence.
🧠 Pro Tip:
For aggressive traders: Enter when RSI crosses buy/sell level with a matching VROC boost.
For swing traders: Use this as an early warning of upcoming strength or exhaustion.
💬 Feedback & Upgrades:
If you’d like:
Buy/sell arrows
A strategy version for backtesting
Multi-timeframe enhancements
Drop a comment or message — I’m actively maintaining and improving this tool 💪
📈 Overview:
The GCM Price Boost indicator combines Volume Rate of Change (VROC) with a modified RSI Histogram to detect early momentum surges and potential reversal zones — giving you a powerful dual-momentum edge in all markets.
This tool is built for traders who want to spot strong price bursts (boosts) backed by volume and momentum, with visual clarity.
🔍 What It Includes:
✅ VROC Histogram:
Tracks how quickly volume is increasing alongside price.
Helps spot "pump" scenarios — surges in buying or selling pressure.
Color-coded for trend:
🟢 Green when price is rising
🔴 Red when price is falling
⚪ Gray when neutral
Two thresholds:
Small Pump (default 0.5)
Big Pump (default 10.0)
✅ RSI Histogram:
Based on RSI deviations from 50 (mid-level), scaled by a user-defined multiplier.
Color-coded histogram fill for momentum strength:
🟢 Positive = bullish pressure
🔴 Negative = bearish pressure
Histogram line color:
Above zero: 🟢 #2dff00 (bullish)
Below zero: 🔴 #ff0000 (bearish)
✅ Customizable Settings:
Adjustable VROC lookback and thresholds.
Custom RSI period and multiplier.
Amplify VROC histogram height visually via scaling multiplier.
✅ Alerts Built-in:
🔔 GCM Small Pump Detected
🔔 GCM Big Pump Detected
🔔 RSI Buy Signal
🔔 RSI Sell Signal
⚙️ Best Used For:
Spotting volume-backed momentum shifts
Surfing strong price waves (breakouts, pumps)
Timing buy/sell zones using RSI momentum
Combining with other confirmation tools (trend filters, S/R zones, etc.)
🚀 How to Use:
Add this indicator to your chart.
Watch for:
VROC bars crossing pump levels
RSI Histogram entering buy/sell zones
Use alerts to stay notified of key shifts.
Combine with price action or trend filters for higher confidence.
🧠 Pro Tip:
For aggressive traders: Enter when RSI crosses buy/sell level with a matching VROC boost.
For swing traders: Use this as an early warning of upcoming strength or exhaustion.
💬 Feedback & Upgrades:
If you’d like:
Buy/sell arrows
A strategy version for backtesting
Multi-timeframe enhancements
Drop a comment or message — I’m actively maintaining and improving this tool 💪
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.