Normalized Momentum Trigger SimpleNormalized Momentum Trigger Simple
Normalized Momentum Trigger is a clean momentum and impulse indicator designed to identify directional shifts by measuring how far price is moving away from its average, normalized by recent volatility.
Instead of using raw momentum alone, this indicator standardizes price movement relative to its recent deviation, helping make momentum behavior easier to compare across different symbols and timeframes.
Features:
• Normalized momentum line
• Impulse histogram
• Bullish and bearish trigger levels
• Extreme bull and extreme bear trigger levels
• Multiple moving average basis options:
• SMA
• EMA
• WMA
• RMA
• HMA
• Optional zero-line filter
• Optional momentum slope confirmation
• Optional trend MA filter
• Background bias coloring
• Bull, bear, extreme bull, and extreme bear markers
Alerts Included:
• Bull Trigger
• Bear Trigger
• Extreme Bull Trigger
• Extreme Bear Trigger
• Momentum Crossed Above Zero
• Momentum Crossed Below Zero
Potential use cases:
• Identify momentum shifts
• Spot impulse changes
• Confirm trend continuation
• Filter trade entries
• Detect early changes in directional pressure
• Add confluence to existing systems
Interpretation:
Bull Trigger
Momentum impulse crosses above the bullish threshold.
Bear Trigger
Momentum impulse crosses below the bearish threshold.
Extreme Bull / Bear Trigger
Momentum impulse reaches a stronger threshold, suggesting more aggressive directional movement.
Zero Line
Momentum above zero suggests bullish pressure, while momentum below zero suggests bearish pressure.
Impulse Histogram
Shows the change in normalized momentum and helps visualize acceleration or deceleration.
About TrendGenY Indicator
TrendGenY indicators are built from market experience, creative concepts, and a constant pursuit of unique perspectives. Rather than following conventional ideas, the focus is on uncovering alternative insights and viewing market behavior through different angles to reveal information that traditional tools may overlook and help traders build a more meaningful edge in the market. Indicator
Realtime Non-Repainting EntriesName:
Realtime Non-Repainting Entries
Short title:
RT NP Entries
Summary
Realtime Non-Repainting Entries is a focused entry-only market-structure tool built around a causal transform path and reversal-confirmation logic. It is designed to mark live entry opportunities and preserve confirmed historical entry markers without turning into a full trade-management engine. Its main purpose is to provide a cleaner, more structured entry framework than raw price alone while remaining simpler and more universal than a full operational system.
This script is intentionally narrower than a full transform engine. It does not include exits, split trade management, replay reconstruction, forecast candles, or the broader integrated state logic used in a larger operational engine. Instead, it concentrates on one problem only: producing realtime entry markers from a causal transform path while keeping closed-bar historical signals stable.
How it works
The script first builds a causal transform line from raw price using ATR-scaled adaptive movement. That transform is not meant to be a full hindsight best-fit reconstruction. It is a live-updating, causal path that tries to reduce some raw-price noise while staying responsive enough to expose directional shifts.
From there, the script tracks transform swing state. When transform direction changes, it arms a reversal candidate from the prior swing extreme. That candidate is then evaluated by a small set of confirmation rules, including:
minimum transform movement away from the pivot in ATR terms
optional close-beyond-pivot-close confirmation
optional transform-direction agreement
optional raw-trend agreement
and a cooldown to reduce immediate repeat signals
When those conditions are satisfied on a closed bar, the script prints a confirmed historical entry marker. While the current bar is still forming, it can also show a live candidate marker, which may update until the bar closes. That means the script is causal and historically non-repainting on closed bars, while still being allowed to update on the current live bar.
Important behavior note
This script is best understood as:
historically stable on closed bars
live-updating on the current bar
So “non-repainting” here means confirmed historical entry markers do not rewrite after bar close. It does not mean the current unfinished bar cannot update before confirmation.
Features
causal transform path
realtime regime/state coloring
armed reversal candidates
confirmed historical long and short entries
optional live candidate markers
minimum move-away filter
optional close-beyond-pivot-close filter
optional transform agreement filter
optional raw-trend agreement filter
cooldown filter
long and short alertconditions
compact status table
Strengths
cleaner entry framing than raw-price-only flips
easy to understand and visually inspect
useful as a standalone entry tool
historically stable confirmed markers on closed bars
live candidate visibility before confirmation
simpler and more universal than a full integrated engine
does not require trade-management complexity to be useful
Weaknesses
does not solve the false-pivot problem universally
entry quality will still vary by market and timeframe
no exits, no profit handling, no loss handling
no replay-based trade-state reconstruction
no full forecast/probability layer
some filters may still remove both good and bad signals
current-bar live candidates can update before bar close
Who it’s for
This script is best suited for:
traders who want a cleaner entry-only tool
users looking for realtime directional shift markers
traders who want historically stable confirmed entry markers
users who want a simpler transform-based script
users interested in market-structure style entries without a full operational engine
Who it’s not for
This script is not best suited for:
users wanting full trade management
users expecting exits and complete automation
users expecting universal high-accuracy winner/loser separation
users wanting a full replay/stat engine
users wanting a complete forecast system
users looking for a guaranteed low-false-signal solution
Known limitations
This script is better at:
structuring entries
cleaning up directional state
and showing stable historical entry markers
than it is at:
reliably separating all future winners from losers before entry
It should be viewed as an entry-focused structure tool, not as a complete predictive engine or full trade-management system.
Final note
Realtime Non-Repainting Entries is a focused, entry-only script built around realtime causal entry structure and historically stable confirmed entry markers. It is designed to be useful and clear without turning into a full operational engine. Its value is in structuring entries more cleanly than raw price alone, not in solving the entire trading problem. Indicator
Transform Swing Forecast SignalName:
Transform Candle Swing Reversal Explorer
Searchable Name:
Transform Swing Forecast Signal
Short title:
TFX Forecast Signal
Summary
Transform Candle Swing Reversal Explorer is a simplified exploratory script designed to visualize transform-style directional movement, swing/reversal framing, and hypothetical forecast candles on PulseWire charts. It is meant to help users inspect chart structure, directional shifts, and possible path-expansion behavior in a lightweight format.
It is also meant for users who want to better understand transform candles and transform-style movement in a simpler script, and for users who are looking to develop, create, test, or modify their own engine/script from an open source starting point for personal use, instead of needing the full operational engine source to do that. Users who want a pre-built ready-to-test/use operational engine should search for Transform Entry Exit Reversal.
How it works
The script builds a simple causal transform path from raw price and displays it as wickless transform candles plus a transform path line. It uses a lightweight alternating turning-point method to mark possible swing/reversal areas and a simplified forecast model to project hypothetical future candles and targets.
This explorer version is focused on visualization and exploratory chart reading. It does not include the best-fit transform engine, advanced pivot-timing/replay structure, or the full execution/trade-management architecture used in Transform Entry Exit Reversal. The goal is to demonstrate the category and some of its possibilities in a simpler script format.
It is also intended to serve as a lighter open source starting point for users who want to better understand transform candles and transform-style movement, and develop/create, test, or modify their own personal script/engine from that foundation.
Forecast model note
Forecast candles in this script are hypothetical path projections, not literal future predictions. They are intended to show a possible future movement/path-expansion sketch, not an exact real-world directional or target-hit probability.
Features
Wickless transform candle display
Transform path line
Alternating swing/reversal markers
Hypothetical forecast candles
Forecast target lines and labels
Small status table
Simple trend-flip alert
Who it’s for
This script is best suited for traders and researchers who want a lightweight exploratory tool for studying transform-style chart structure, swing/reversal framing, and hypothetical future path behavior.
It is especially suited for users who want to better understand transform candles and transform-style movement in a simpler script, and for users who want to develop, create, test, or modify their own personal script/engine from a lighter open source starting point.
Who it’s not for
This script is not best suited for users looking for advanced replay diagnostics, execution-ready trade management, or a complete transform/pivot engine workflow.
It is also not best suited for users mainly looking for a pre-built ready-to-test/use operational engine, since that is the role of Transform Entry Exit Reversal.
Final note
This is an exploratory swing/reversal visualization script. Its purpose is to demonstrate a simplified transform-candle, swing/reversal, and forecast-candle concept that can help users understand the broader category.
It is also intentionally suited to users who want to better understand transform candles and transform-style movement in a simpler open source script, and create, test, or modify their own personal script/engine, rather than use Transform Entry Exit Reversal directly. Indicator
Transform Candle Swing Reversal ExplorerName:
Transform Candle Swing Reversal Explorer
Short title:
TFC Swing Reversal Explorer
Summary
Transform Candle Swing Reversal Explorer is a simplified exploratory script designed to visualize transform-style directional movement, swing/reversal framing, and hypothetical forecast candles on PulseWire charts. It is meant to help users inspect chart structure, directional shifts, and possible path-expansion behavior in a lightweight format.
It is also meant for users who want to better understand transform candles and transform-style movement in a simpler script, and for users who are looking to develop, create, test, or modify their own engine/script from an open source starting point for personal use, instead of needing the full operational engine source to do that. Users who want a pre-built ready-to-test/use operational engine should search for Transform Candle Pivot Swing Reversal Engine.
How it works
The script builds a simple causal transform path from raw price and displays it as wickless transform candles plus a transform path line. It uses a lightweight alternating turning-point method to mark possible swing/reversal areas and a simplified forecast model to project hypothetical future candles and targets.
This explorer version is focused on visualization and exploratory chart reading. It does not include the best-fit transform engine, advanced pivot-timing/replay structure, or the full execution/trade-management architecture used in Transform Candle Pivot Swing Reversal Engine. The goal is to demonstrate the category and some of its possibilities in a simpler script format.
It is also intended to serve as a lighter open source starting point for users who want to better understand transform candles and transform-style movement, and develop/create, test, or modify their own personal script/engine from that foundation.
Forecast model note
Forecast candles in this script are hypothetical path projections, not literal future predictions. They are intended to show a possible future movement/path-expansion sketch, not an exact real-world directional or target-hit probability.
Features
Wickless transform candle display
Transform path line
Alternating swing/reversal markers
Hypothetical forecast candles
Forecast target lines and labels
Small status table
Simple trend-flip alert
Who it’s for
This script is best suited for traders and researchers who want a lightweight exploratory tool for studying transform-style chart structure, swing/reversal framing, and hypothetical future path behavior.
It is especially suited for users who want to better understand transform candles and transform-style movement in a simpler script, and for users who want to develop, create, test, or modify their own personal script/engine from a lighter open source starting point.
Who it’s not for
This script is not best suited for users looking for advanced replay diagnostics, execution-ready trade management, or a complete transform/pivot engine workflow.
It is also not best suited for users mainly looking for a pre-built ready-to-test/use operational engine, since that is the role of Transform Candle Pivot Swing Reversal Engine.
Final note
This is an exploratory swing/reversal visualization script. Its purpose is to demonstrate a simplified transform-candle, swing/reversal, and forecast-candle concept that can help users understand the broader category.
It is also intentionally suited to users who want to better understand transform candles and transform-style movement in a simpler open source script, and create, test, or modify their own personal script/engine, rather than use Transform Candle Pivot Swing Reversal Engine directly. Indicator
Relative Risk MetricOVERVIEW
The Relative Risk Metric is designed to provide a relative measure of an asset's price, within a specified range, over a log scale.
PURPOSE
Relative Position Assessment: Visualizes where the current price stands within a user-defined range, adjusted for log scale.
Logarithmic Transformation: Utilizes the natural log to account for a log scale of prices, offering a more accurate representation of relative positions.
Calculation: The indicator calculates a normalized value via the function Relative Price = / log(UpperBound) − log(LowerBound) . The result is a value between 0 and 1, where 0 corresponds to the lower bound and 1 corresponds to the upper bound on a log scale.
VISUALIZATION
The indicator plots three series:
Risk Metric - a plot of the risk metric value that’s computed from an asset's relative price so that it lies within a logarithmic range between 0.0 & 1.0.
Smoothed Risk Metric - a plot of the risk metric that’s been smoothed.
Entry/Exit - a scatter plot for identified entry and exit. Values are expressed as percent and are coded as red being exit and green being entity. E.g., a red dot at 0.02 implies exit 2% of the held asset. A green dot at 0.01 implies use 1% of a designated capital reserve.
USAGE
Risk Metric
The risk metric transformation function has several parameters. These control aspects such as decay, sensitivity, bounds and time offset.
Decay - Acts as an exponent multiplier and controls how quickly dynamic bounds change as a function of the bar_index.
Time Offset - provides a centering effect of the exponential transformation relative to the current bar_index.
Sensitivity - controls how sensitive to time the dynamic bound adjustments should be.
Baseline control - Serves as an additive offset for dynamic bounds computation which ensures that bounds never become too small or negative.
UpperBound - provides headroom to accomodate growth an assets price from the baseline. For example, an upperbound of 3.5 accommodates a 3.5x growth from the baseline value (e.g., $100 -> $350).
LowerBound - provides log scale compression such that the overall metric provides meaningful insights for prices well below the average whilst avoiding extreme scaling. A lowerbound of 0.25 corresponds to a price that is approx one quarter of a normalised baseline in a log context.
Weighted Entry/Exit
This feature provides a weighted system for identifying DCA entry and exit. This weighting mechanism adjusts the metric's interpretation to highlight conditions based on dynamic thresholds and user-defined parameters to identify high-probability zones for entry/exit actions and provide risk-adjusted insights.
Weighting Parameters
The weighting function supports fine-tuning of the computed weighted entry/exit values
Base: determines the foundational multiplier for weighting the entry/exit value. A higher base amplifies the weighting effect, making the weighted values more pronounced. It acts as a scaling factor to control the overall magnitude of the weighting.
Exponent: adjusts the curve of the weighting function. Higher exponent values increase sensitivity, emphasizing differences between risk metric values near the entry or exit thresholds. This creates a steeper gradient for the computed entry/exit value making it more responsive to subtle shifts in risk levels.
Cut Off: specifies the maximum percentage (expressed as a fraction of 1.0) that the weighted entry/exit value can reach. This cap ensures the metric remains within a meaningful range and avoids skewing
Exit condition: Defines a threshold for exit. When the risk metric is below the exit threshold (but above the entry threshold) then entry/exit is neutral.
Entry condition: Defines a threshold for entry. When the risk metric is above the entry threshold (but below the exit threshold) then entry/exit is neutral.
Weighting Behaviour
For entry conditions - value is more heavily weighted as the metric approaches the entry threshold, emphasizing lower risk levels.
For exit conditions - value is more heavily weighted as the metric nears the exit threshold, emphasizing increased risk levels.
USE-CASES
Identifying potential overbought or oversold conditions within the specified logarithmic range.
Assisting in assessing how the current price compares to historical price levels on a logarithmic scale.
Guiding decision-making processes by providing insights into the relative positioning of prices within a log context
CONSIDERATIONS
Validation: It's recommended that backtesting over historical data be done before acting on any identified entry/exit values.
User Discretion: This indicator focus on price risk. Consider other risk factors and general market conditions as well.
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