by 
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
LKG 1.0
A combined overlay that calculates several well-known indicators in one script: an ATR-based stop distance that colors bars yellow when price moves beyond it, ADX with directional indices, RSI with a selectable moving average or Bollinger Bands and optional divergence, the True Strength Index, an Awesome Oscillator with signal line, Stochastic RSI, and a MACD style oscillator.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code724
Settings40inputs
LicenceNone stated
Last update1 year ago24 Jan 2025
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
Lengths and sources for each part are set through inputs. The visible start of the code does not define entry or exit rules.
- ATR stop distance with fail-bar coloring
- ADX, RSI and True Strength Index calculations
- Awesome Oscillator and Stochastic RSI
- Adjustable lengths and moving average types
Details
Published by
sudesharoshaseneviratne on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
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.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Lenght | int | 14 | lenght456 |
| ADX Smoothing | int | 14 | lensig |
| DI Length | int | 14 | len2 |
| RSI Length | int | 14 | rsiLengthInput |
| Source | source | close | rsiSourceInput |
| MA Type | string | SMA | ma11TypeInput |
| MA Length | int | 14 | ma11LengthInput |
| BB StdDev | float | 2.0 | bbMultInput |
| Show Divergence | bool | false | showDivergence |
| Long Length | int | 25 | long |
| Short Length | int | 13 | short |
| Signal Length | int | 13 | signalx |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| fastperiod | int | 5 | fastperiod |
| slowperiod | int | 34 | slowperiod |
| signalperiod | int | 7 | signalperiod |
| K | int | 3 | smoothK |
| D | int | 3 | smoothD |
| RSI Length | int | 14 | lengthRSI |
| Stochastic Length | int | 14 | lengthStoch |
| RSI Source | source | close | src |
| length357 | int | 20 | length357 |
| Source | source | hlc3 | src357 |
| Method | string | SMA | typeMA |
| Fast Length | int | 12 | fast_length2 |
| Slow Length | int | 26 | slow_length2 |
| Source | source | close | src26 |
| Signal Smoothing | int | 9 | signal_length |
| Oscillator MA Type | string | EMA | sma_source |
| Signal Line MA Type | string | EMA | sma_signal |
| start | float | 0.02 | start |
| increment | float | 0.02 | increment |
| Max Value | float | 0.2 | maximum |
| Length | int | 200 | len200 |
| Source | source | close | src200 |
| Offset | int | 0 | offset200 |
| Method | string | SMA | typeMA200 |
| Length | int | 9 | len741 |
| Length2 | int | 13 | len963 |
| Length3 | int | 21 | len852 |
| Source | source | close | src741 |
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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