This indicator calculates Kaufman's Adaptive Moving Average (KAMA) on a chosen price source and determines trend direction based on the slope across a configurable lookback window. Signals can be filtered by short-term volatility expansion using ATR comparison
Indicator · Pine Script v5 · On the chart
V13 Trend Momentum Rider
An indicator that reads trend from a fast and slow EMA on four-hour data and requires a minimum percentage separation between them.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code178
Settings14inputs
LicenceNone stated
Last update7 months ago13 Mar 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
Entries also need volume above its moving average by a multiple, an RSI check and on-balance volume above its EMA. A cooldown limits repeated signals, and ATR-based initial and trailing stops are tracked, with win and loss labels when the simulated stop is hit. Signals use four-hour data on a lower-timeframe chart.
- Four-hour EMA trend with strength threshold
- Volume expansion and OBV confirmation
- RSI filter and signal cooldown
- ATR initial and trailing stop tracking
Details
Published by
snoozie-v on GitHub
Type
Draws
On the price chart
Category
Markets
Timeframes
M15-H1
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 |
|---|---|---|---|
| EMA Fast | int | 8 | ema_fast_len |
| EMA Slow | int | 21 | ema_slow_len |
| Min Trend Strength % | float | 0.8 | trend_strength_min |
| Volume SMA Period | int | 20 | vol_sma_period |
| Volume Expansion Multiplier | float | 1.3 | vol_expansion_mult |
| Volume Climax Multiplier | float | 2.5 | vol_climax_mult |
| RSI Period | int | 14 | rsi_period |
| RSI Oversold | int | 45 | rsi_oversold |
| RSI Overbought | int | 55 | rsi_overbought |
| OBV EMA Period | int | 10 | obv_ema_period |
| ATR Period | int | 14 | atr_period |
| ATR Trailing Multiplier | float | 2.5 | atr_trailing_mult |
Show all 14 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| ATR Initial Stop Multiplier | float | 1.5 | atr_initial_mult |
| Cooldown Bars | int | 8 | cooldown_bars |
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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