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 v6 · On the chart
No.1 Ultimate Zero-Lag Reversal Engine
An overlay always-in flip indicator where a buy closes a short and a sell closes a long.
GitHub stars1on the repository
Pine versionv6current
Lines of code594
Settings33inputs
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
No.1 Ultimate Zero-Lag Reversal Engine uses a zero-lag EMA trail with an ADX-adaptive ATR multiplier and a cap on how fast the trail can move per bar. Flips pass ADX, choppiness and RSI/DMI momentum gates, a cooldown, and spike protection that checks volume on very large candles. Optional take profit levels as ATR multiples, a regime background and a dashboard are drawn on the price chart.
- Zero-lag EMA trail with speed-capped stop
- ADX, choppiness and RSI/DMI gates
- Spike protection and flip cooldown
- Optional ATR take profit levels
- Regime background and dashboard
Details
Published by
vedkanani123 on GitHub
Type
Draws
On the price chart
Category
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 EMA Length | int | 14 | zlema_len |
| ATR Length (Volatility) | int | 14 | atr_len |
| Base ATR Multiplier | float | 2.0 | base_mult |
| Max Trail Speed (x ATR per bar) | float | 1.8 | max_move_atr |
| Use ADX Trend Filter | bool | true | use_adx |
| ADX Length | int | 14 | adx_len |
| Minimum ADX (Trend Strength) | float | 20.0 | adx_min |
| ADX Strong Trend Threshold | float | 25.0 | adx_trend_th |
| ADX Chop Threshold | float | 18.0 | adx_chop_th |
| Use Choppiness Index Filter | bool | true | use_chop |
| Choppiness Length | int | 14 | chop_len |
Show all 33 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Max Choppiness Index | float | 60.0 | chop_max |
| Require Momentum Confirmation (RSI + DMI) | bool | true | use_mom |
| RSI Length | int | 14 | rsi_len |
| RSI Bullish Floor | int | 48 | rsi_bull |
| RSI Bearish Ceiling | int | 52 | rsi_bear |
| Big Candle Threshold (x ATR) | float | 3.0 | spike_atr_m |
| Spike Cooldown Bars | int | 3 | spike_cool |
| Use Volume Filter on Spikes | bool | true | use_vol |
| Spike Volume Multiplier | float | 1.6 | vol_mult_spk |
| Cooldown Bars (Anti-Whipsaw) | int | 6 | cooldown_bars |
| Trail Break Confirmation Bars | int | 1 | confirm_bars |
| Show TP Levels & Labels | bool | true | show_tp |
| TP1 Distance (x Entry ATR) | float | 2.0 | tp1_mult |
| TP2 Distance (x Entry ATR) | float | 3.5 | tp2_mult |
| TP3 Distance (x Entry ATR) | float | 5.5 | tp3_mult |
| Show Trailing Stop Line | bool | true | show_trail |
| Show Market Regime Background | bool | true | show_bg |
| Show Dashboard Panel | bool | true | show_dash |
| Show Early Exhaustion Warnings | bool | true | show_early |
| Color Candles by Trend | bool | true | bar_colors |
| Enable Alert Conditions | bool | true | use_alerts |
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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