The Momentum Setup is a multi-indicator visual tool designed for trend and momentum analysis directly on the price chart. It combines Relative Strength Index (RSI), Money Flow Index (MFI), Commodity Channel Index (CCI), Supertrend, and a 250-bar percentage cha
Indicator · Pine Script v5 · On the chart
Adaptive Zero-Lag Engine + Early Reversal System
An overlay indicator that draws a zero-lag EMA with upper and lower ATR bands and flips its trend state when price crosses a band.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code2,470
Settings40inputs
LicenceNone stated
Last update2 months ago23 Aug 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Buy and sell signals mark the flips on confirmed closes. An early reversal warning appears when price stretches beyond a band, RSI turns back from oversold or overbought, and a rejection candle forms; it shows once per leg as an exit hint. Band width and RSI levels are adjustable.
- Zero-lag EMA with ATR bands
- Trend flip buy and sell signals
- RSI-based early reversal warnings
- One warning per trade leg
Details
Published by
vedkanani123 on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Volatility & bands, Oscillators & momentum
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Zero-Lag Period | int | 12 | length |
| ATR Volatility Length | int | 10 | atrLength |
| ATR Band Multiplier | float | 1.6 | atrMult |
| Show Early Reversal / Take Profit Warnings | bool | true | showTP |
| Exhaustion RSI Length | int | 14 | rsiLen |
| RSI Oversold Threshold (Exit Short) | int | 32 | rsiOversold |
| RSI Overbought Threshold (Exit Long) | int | 68 | rsiOverbought |
| Price Source | source | close | src |
| Zero-Lag Length (Trend Speed) | int | 14 | zlema_len |
| ATR Length (Volatility) | int | 10 | atr_len |
| ATR Multiplier (Chop Filter) | float | 2.0 | atr_mult |
| Hull MA Length | int | 21 | hmaLen |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| EMA Fast | int | 20 | emaFastLen |
| EMA Slow | int | 50 | emaSlowLen |
| Supertrend Factor | float | 3.0 | stFactor |
| Supertrend ATR Period | int | 10 | stATR |
| RSI Length | int | 14 | rsiLen |
| RSI Buy Level | int | 50 | rsiBuy |
| RSI Sell Level | int | 50 | rsiSell |
| MACD Fast | int | 12 | macdFast |
| MACD Slow | int | 26 | macdSlow |
| MACD Signal | int | 9 | macdSig |
| Use Volume Confirmation | bool | true | useVol |
| Volume > Avg x | float | 1.2 | volMult |
| Volume Avg Length | int | 20 | volLen |
| Use ADX Trend Strength | bool | true | useADX |
| ADX Length | int | 14 | adxLen |
| ADX Minimum | int | 20 | adxMin |
| Price Source | source | close | src |
| Zero-Lag Length | int | 14 | zlema_len |
| ATR Length | int | 10 | atr_len |
| ATR Multiplier | float | 2.0 | atr_mult |
| Use ADX Filter | bool | true | use_adx |
| ADX Length | int | 14 | adx_len |
| ADX Minimum (skip if below) | float | 20.0 | adx_min |
| Use Choppiness Filter | bool | true | use_chop |
| Choppiness Length | int | 14 | chop_len |
| Max Choppiness (skip if above) | float | 61.8 | chop_max |
| Use RSI Divergence for Reversals | bool | true | use_div |
| RSI Length | int | 14 | rsi_len |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
Similar Pine Scripts
An overlay indicator that combines an ATR-based SuperTrend trailing stop with an integrated RSI-derived midline calculation on the price chart. The SuperTrend uses an ATR period and factor multiplier to plot dynamic green or red trend lines based on price dire
ADX Strategy (original) is an overlay indicator that identifies trend-following trade signals using the Average Directional Index (ADX) combined with a Simple Moving Average filter. A long signal is generated when the ADX rises above a user-defined trend level
Moon Dev Lunar Sniper is a multi-indicator overlay that scores confluence across fast and slow EMAs, RSI, MACD, DMI, and BB width to fire signals only when score meets the minimum threshold. It plots buy and sell signals on the price chart, highlights cosmic b
Double Screened Decision is a multi-timeframe trend and momentum indicator overlaid directly on the price chart. It dynamically selects a higher timeframe based on the active chart resolution to evaluate higher-timeframe MACD, Bollinger Bands, RSI, and Stochas
The VibeTrader Signal System is an overlay indicator that identifies trend direction and potential reversal conditions. It calculates a Supertrend line alongside Bollinger Bands and a 14-period RSI indicator. The script highlights bullish and bearish trends by
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers