Momentum Table

The Momentum Table indicator provides a multi-timeframe dashboard that summarizes trend and momentum conditions across six major timeframes (5m to 1W) to help traders identify market strength and trend alignment at a glance.

Usage

The indicator is displayed as a compact table in the bottom-right corner of the chart, allowing users to monitor confluence without cluttering price action.

• Trend Confirmation: The EMA columns (9, 20, 100, 200) indicate if the current price is above or below specific Exponential Moving Averages. A green check signifies price is above the EMA (bullish), while a red arrow signifies price is below (bearish).
• Momentum Identification: The RSI and Stoch RSI columns display real-time values for each timeframe. The background colors indicate overbought (Red > 70) or oversold (Green < 30) conditions.
• Multi-Timeframe Alignment: Traders can use the table to look for "stacking" where multiple timeframes show the same directional bias, which is useful for trend followers and scalpers.

Details

The script utilizes the request.security() function to fetch data from different timeframes (5m, 15m, 1H, 4H, 1D, 1W) regardless of the chart's current resolution. It calculates four EMAs (9, 20, 100, and 200) to provide a comprehensive look at short-term and long-term trend structures. Additionally, it computes the standard Relative Strength Index (14) and applies a Stochastic calculation to that RSI to determine momentum sensitivity.

Settings

• Table Position: While defaulted to the bottom-right, the table serves as a fixed UI element.
• EMA Lengths: The script checks price relationship against the 9, 20, 100, and 200 EMAs.
• Timeframes: The dashboard is hardcoded to track 5m, 15m, 1H, 4H, 1D, and 1W resolutions.

FAQ

How do I interpret the colors in the table?

Green typically represents bullish conditions (price above EMA or oversold RSI), while red represents bearish conditions (price below EMA or overbought RSI). Gray represents neutral RSI values.

Does this indicator provide alerts?

Yes, the script includes built-in alert conditions for bullish and bearish crossovers between the 9 EMA and 20 EMA on the current chart timeframe.

How can I access the Momentum Table?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.