Trading Department Momentum
It fuses trend, momentum, and trend strength into one readable signal and paints candles + an optional histogram with smooth transitions (Strong Bull → Weak Bull → Neutral → Weak Bear → Strong Bear).
How it works
* Trend filter: three EMAs (fast/slow/long) define bullish/bearish context.
* Momentum: MACD histogram and RSI drift capture direction and acceleration.
* Strength / Chop: Wilder’s ADX detects low-quality, choppy conditions.
* These components are normalized into a single score, smoothed, and mapped to colors; optional white dots mark score crossovers when ADX confirms.
Best use
* Designed for 4H / 1D+ to identify market regime at a glance.
* Use as a filter: favor longs in green phases, avoid risk or manage tightly in orange/weak colors, and stand aside in chop. Combine with price action, S/R, or your entry model.
Key settings
* EMA lengths, RSI smoothing, MACD (12/26/9 default).
* ADX length & Chop threshold.
* Score smoothing, candle coloring, background heatmap, histogram, markers, and optional higher-timeframe source.
Notes
* This is an independent implementation; it does not replicate the proprietary Predator formula.
* No trade signals are generated; colors are informational. Always add your own risk management.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact phenk53 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact phenk53 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.