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
V5 Combination by YZZ
This indicator combines multiple script features into a single overlay on the main price chart.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code1,153
Settings40inputs
LicenceNone stated
Last update9 months ago10 Jan 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
V5 Combination by YZZ calculates a modified MACD line and signal oscillator with configurable modes including traditional, histogram-based, leader, and source-based variations. The oscillator values are rendered dynamically as on-chart visuals or separate overlay regions using customizable vertical position and height scaling. The script also includes trend analysis parameters, channel calculations, and ATR-based stops. Users can adjust moving average types, signal smoothing, lookback length, and visual parameters to customize performance.
- Multiple MACD calculation modes including Leader and AS Histogram
- Dynamic on-chart overlay rendering with adjustable position and height
- Crossover plot shapes and customizable alert triggers
- Trend channel width and trailing stop parameters
Details
Published by
webcrack4 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 |
|---|---|---|---|
| MACD Calculation Method | string | MACD-SOURCE | macdType |
| Fast Length | int | 12 | fast_length |
| Slow Length | int | 26 | slow_length |
| Source | source | close | source |
| Signal Smoothing | int | 9 | signal_length |
| Oscillator MA Type | string | EMA | sma_source |
| Signal Line MA Type | string | EMA | sma_signal |
| Display MACD/Signal Corsses | bool | false | macdSigCross |
| Highlight MACD/Signal Area | bool | true | highlight |
| Overlay Indicator Display Length | int | 200 | lookbackLength |
| Placement | string | Bottom | oscPlacement |
| Hight | int | 10 | Hight |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Vertical Indicator Position | int | 4 | verticalAdj |
| Trend Length | int | 10 | length |
| Set Targets | int | 0 | target |
| Trend Length | int | 100 | ftclength |
| Channel Width | float | 3 | multi |
| Index of future price | int | 5 | extend |
| Up | color | #16d897 | color_up |
| Dn | color | #da853f | color_dn |
| ATR Length | int | 10 | sslength |
| Factor Range | int | 1 | minMult |
| maxMult | int | 5 | maxMult |
| Step | float | .5 | step |
| Performance Memory | float | 10 | perfAlpha |
| From Cluster | string | Best | fromCluster |
| Maximum Iteration Steps | int | 1000 | maxIter |
| Historical Bars Calculation | int | 10000 | maxData |
| Trailing Stop | color | color.red | bearCss |
| bullCss | color | color.teal | bullCss |
| AMA | color | color.new(color.red, 50) | amaBearCss |
| amaBullCss | color | color.new(color.teal, 50) | amaBullCss |
| Candle Coloring | bool | true | showGradient |
| Show Signals | bool | true | showSignals |
| Show Dashboard | bool | true | showDash |
| Location | string | Top Right | dashLoc |
| Size | string | Small | textSize |
| Source | source | close | sourceInput |
| Use Long-Term Channel | bool | false | periodMode |
| Deviation Multiplier: | float | 2.0 | devMultiplier |
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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