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
Apex Ultra Engine v3
An overlay indicator built on a zero-lag EMA with an ATR trailing stop.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code434
Settings20inputs
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
Apex Ultra Engine v3 reads market regime from ADX, adds RSI and Stochastic RSI momentum filters, and treats volume or oversized candles as spikes with a cooldown. Entries can display three take profit levels as ATR multiples, a trailing stop line, a gray sideways zone and a dashboard panel. Everything draws on the price chart.
- Zero-lag EMA with ATR trailing stop
- ADX regime detection and sideways shading
- RSI and Stochastic RSI filters
- Three ATR-based take profit levels
- Spike cooldown and dashboard
Details
Published by
vedkanani123 on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Oscillators & momentum, Volatility & bands
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 |
|---|---|---|---|
| Price Source | source | close | src |
| Zero-Lag Length | int | 14 | zlema_len |
| ATR Length | int | 14 | atr_len |
| Base ATR Multiplier | float | 1.5 | base_mult |
| ADX Length | int | 14 | adx_len |
| ADX Trend Threshold | float | 22.0 | adx_trend_th |
| ADX Chop Threshold | float | 17.0 | adx_chop_th |
| RSI Length | int | 14 | rsi_len |
| Stochastic RSI Length | int | 14 | stoch_len |
| Stochastic Smooth | int | 3 | stoch_sm |
| Volume Spike Multiplier | float | 1.8 | vol_spike_m |
| Spike Candle ATR Multiplier | float | 2.5 | spike_atr_m |
Show all 20 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Spike Cooldown Bars | int | 3 | spike_cool |
| TP1 (ATR ×) | float | 2.0 | tp1_mult |
| TP2 (ATR ×) | float | 3.5 | tp2_mult |
| TP3 (ATR ×) | float | 5.5 | tp3_mult |
| Show Sideways Zone (Gray BG) | bool | true | show_bg |
| Show TP Lines & Labels | bool | true | show_tp |
| Show Dashboard Panel | bool | true | show_dash |
| Show Trailing Stop Line | bool | true | show_trail |
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.
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