The Advanced Momentum Scanner is a highly efficient technical tool built to capture market momentum and detect trend direction with precision. By combining various exponential moving averages (EMAs), momentum indicators, and smart visual cues, it empowers traders and investors to uncover trend reversals and continuation signals across any market and timeframe.

⚙️ Core Technical Components

  • Multi-EMA Structure:
     The scanner uses a four-tier EMA setup to analyze different levels of trend sensitivity:

    • Ultra-Fast EMA (Default: 5) – Captures the earliest shifts in trend

    • Fast EMA (Default: 10) – Helps identify short-term directional bias

    • Mid EMA (Default: 30) – Validates intermediate trend moves

    • Slow EMA (Default: 100) – Highlights broader, long-term trend direction

  • Momentum Measurement:
     Momentum is calculated using Rate of Change (RoC), giving insights into price acceleration or deceleration over time.

  • Additional Layers:

    • RSI helps identify overbought/oversold conditions

    • ATR (Average True Range) adds volatility context

    • Volume filter (optional) for confirmation on stronger moves

🧠 Intelligent Signal Generation

  • Signals are generated based on an alignment of momentum, trend direction, and sensitivity mode, offering different trading styles:

    • Conservative Mode: Focuses on high-confidence, sustained trends

    • Aggressive Mode: Spots early shifts with higher frequency but higher risk of false signals

    • Balanced Mode: A hybrid of reliability and responsiveness

📊 Visual Trend Detection

  • Color-coded chart elements show immediate trend direction:

    • Green/Teal for uptrend

    • Red for downtrend

    • Gray for sideways or neutral phases

This color-based visualization eliminates guesswork and allows for instant recognition of the prevailing market condition without switching between indicators.

📈 Trend Strength Dashboard

The built-in trend panel displays real-time insights, including:

  • Current Trend: Uptrend / Downtrend / Neutral

  • Trend Strength (%): A score from 0 to 100

  • Sensitivity Mode in Use: Conservative, Balanced, or Aggressive

  • Early Signal Alerts: For potential trend changes before full confirmation

This dashboard makes trend analysis more objective and informative.

How to Use It Effectively

  • Trend Identification: Quickly assess whether the market is trending or consolidating using the visual cues and dashboard.

  • Signal-Based Strategies: Adapt your trading based on your preferred sensitivity mode:

    • Conservative for positional or long-term trades

    • Aggressive for scalping or intraday setups

    • Balanced for swing trading

  • Multiple Timeframe Analysis: Analyze short-, mid-, and long-term trends using the layered EMA setup, all in the same chart.

  • Improved Decision-Making: Use the panel’s strength reading and trend direction to confirm entry or exit strategies.

In fast-moving markets, clarity is power. The Advanced Momentum Scanner doesn’t just show you where the market is—it helps you anticipate where it’s headed, so you can act with confidence, not confusion.