MACD + Divergences [Alorse] is a momentum strategy that calculates the MACD oscillator and identifies regular and hidden divergences using pivot high and low points. It filters trade signals with dual Exponential Moving Averages (EMA 150 and 600) to ensure tra
Strategy · Pine Script v6 · Own pane
Momentum ROC Combo
A strategy that combines the Momentum and Rate of Change indicators, shown in a separate pane with a zero line.
GitHub stars1on the repository
Pine versionv6current
Lines of code38
Settings2inputs
LicenceApache-2.0
Last update6 days ago23 Oct 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
38 lines of Pine Script v6 from validation/ta-momentum-roc-zero-cross-01/strategy.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.
// This Pine Script® code is licensed under Apache-2.0
// SPDX-License-Identifier: Apache-2.0
// © PineForge contributors 2026
//
// PF probe 15 — momentum + ROC zero-cross combo
// Purpose: parity test for ta.mom() and ta.roc() (price-difference indicators
// rather than smoothings) with paired zero-cross + sign-confirm entries.
//
//@version=6
strategy("Momentum ROC Combo", overlay=false, initial_capital=1000000, process_orders_on_close=false, pyramiding=1, commission_type=strategy.commission.percent, commission_value=0, slippage=0, default_qty_type=strategy.fixed, default_qty_value=1)
// === Inputs ===
momLen = input.int(10, "Momentum Length", minval=1)
rocLen = input.int(10, "ROC Length", minval=1)
// === Momentum & ROC ===
momVal = ta.mom(close, momLen)
rocVal = ta.roc(close, rocLen)
// === Signals: both cross zero together ===
longCond = ta.crossover(momVal, 0) and rocVal > 0
shortCond = ta.crossunder(momVal, 0) and rocVal < 0
// === Strategy ===
if longCond
strategy.entry("Long", strategy.long)
if shortCond
strategy.entry("Short", strategy.short)
// Exit when momentum fades
if strategy.position_size > 0 and momVal < 0
strategy.close("Long")
if strategy.position_size < 0 and momVal > 0
strategy.close("Short")
plot(momVal, "Momentum", color=color.blue)
plot(rocVal, "ROC", color=color.green)
hline(0, "Zero")
Overview
Momentum ROC Combo enters long when momentum crosses above zero while rate of change is positive, and short when momentum crosses below zero while rate of change is negative. Positions close when momentum turns to the opposite side of zero. Both lengths are adjustable. There is no stop loss or take profit.
- Momentum and rate of change zero-cross entries
- Sign confirmation between both indicators
- Exit when momentum fades
- Separate pane with zero line
Details
Published by
pineforge-4pass on GitHub
Code credit
PineForge contributors 2026, as written in the script's header
Type
Strategy, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- The strategy enters trades without a stop loss
Topics
algorithmic-tradingbacktestingparitypine-scriptpinescriptquantitative-financetest-corpustradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Momentum Length | int | 10 | momLen |
| ROC Length | int | 10 | rocLen |
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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