◊ Introduction
Price Movement / Force
A script that uses Volume and price movement to indicate Bullish / Bearish momentum, like a hindsight MACD .

◊ Origin
This is a part of Project XIAM.
◊ Theoretical Approach
Philosophy γ :: consequential

◊ Usage
Early Indication of Bullish / Bearish momentum, before price reversal.

CLEANSIGNAL can be used as input source, for more reliable results.
Currently BTC◊USD ETH◊USD XRP◊USD Are available in my scripts.

Otherwise the ticker's volume is used as input.

My own indicators will be updated soon, to include source selection in their settings.

◊ Features
BULL / BEAR Phase to open orders. ( HINT : combine with RSI ? )
EXIT sweep : to find appropriate exit moments, to close opened orders.
Sweep is muffled if Phase continues.
Sweep Finalize send final EXIT signal.

◊ Community
Wanna share your findings ? or need help resolving a problem ?


Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


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.

Want to use this script on a chart?