PROTECTED SOURCE SCRIPT
Stochastic Triple Momentum by SidHem
A precision-tuned Stochastic system combining MTF (Multi Time Frame) momentum, Divergence detection, and market pressure scoring.
Full Description:
Stochastic Triple Momentum by SidHem is a performance-focused oscillator designed for traders who want deeper momentum insight without chart clutter. It enhances the classic Stochastic with three high-value features:
The "Triple Momentum" refers to:
1) Multi-Timeframe Stochastic
Compare local swings against higher timeframe momentum.
Turn it on when you want trend confirmation across intraday → swing → positional context.
2) Full Divergence Engine (Regular + Hidden)
Automatically detects:
Visual style options:
Each divergence category has independent color, width, and label size controls.
3) Trend Strength Meter + Heat Strip
Momentum pressure is scored using:
This produces a clear bias/sentiment reading:
Strong Bear → Bearish → Weak Bear → Neutral → Weak Bull → Bullish → Strong Bull
Displayed as:
Additional Customization:
Ideal Usage:
Use higher timeframes (e.g., 4H / Daily) for trend bias.
Use divergences + %K/%D crossovers for precise entry timing.
Use Trend Meter and Heat Strip to filter out weak signals.
This indicator works on:
Full Description:
Stochastic Triple Momentum by SidHem is a performance-focused oscillator designed for traders who want deeper momentum insight without chart clutter. It enhances the classic Stochastic with three high-value features:
The "Triple Momentum" refers to:
- Stochastic slope momentum
- RSI momentum zone
- MFI money flow bias
1) Multi-Timeframe Stochastic
Compare local swings against higher timeframe momentum.
Turn it on when you want trend confirmation across intraday → swing → positional context.
2) Full Divergence Engine (Regular + Hidden)
Automatically detects:
- Regular Bullish / Regular Bearish Divergence
- Hidden Bullish / Hidden Bearish Divergence
Visual style options:
- Labels on the stochastic panel
- Swing-to-swing Divergence Lines
Each divergence category has independent color, width, and label size controls.
3) Trend Strength Meter + Heat Strip
Momentum pressure is scored using:
- Stochastic slope direction
- RSI position relative to 50
- MFI (Money Flow Index) position relative to 50
This produces a clear bias/sentiment reading:
Strong Bear → Bearish → Weak Bear → Neutral → Weak Bull → Bullish → Strong Bull
Displayed as:
- A Trend Strength Label (movable to multiple panel positions)
- A Heat Strip at the bottom of the panel for quick visual bias
Additional Customization:
- Adjustable %K / %D smoothing
- Selectable line style, width, opacity
- Overbought / Oversold bands with independent styling
- Classic / Modern / Heatmap background shading modes
- Optional RSI and MFI overlays
- Panel locked to 0-100 for consistent scaling
Ideal Usage:
Use higher timeframes (e.g., 4H / Daily) for trend bias.
Use divergences + %K/%D crossovers for precise entry timing.
Use Trend Meter and Heat Strip to filter out weak signals.
This indicator works on:
- Stocks
- Index Futures
- Crypto
- Forex
- Commodities
- Any timeframe
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.