Momentum Indicator
TradingView · Pine v5
Know when to go long or short.
The Momentum Indicator stacks three filters — trend, trigger, and VWAP — so you're not reacting to one noisy line. It prints clean LONG / SHORT arrows with a built-in stop and target on every signal.
See it on a chart
Clean signals, not clutter.
Trend filter
EMA200 + EMA alignment. Longs only in uptrends, shorts only in downtrends — trade with the current, not against it.
Trigger
EMA20 crossing EMA50 times the entry — the moment momentum shifts in your direction.
VWAP confirmation
Price must be on the matching side of VWAP, so you're aligned with the session's value.
Risk built in
Every signal carries an ATR stop-loss and a reward:risk target. Management isn't an afterthought.
3 presets
Conservative, Balanced, or Aggressive — switch the whole system's character with one dropdown.
Prop-firm friendly
RTH-only and auto-flatten by 4:45 PM ET — respects funded-account rules out of the box.
Instant download
Add it to your chart today.
- Momentum Indicator script (Pine v5) for TradingView
- 3-layer signal logic with LONG/SHORT arrows
- Conservative / Balanced / Aggressive presets
- ATR stop-loss & reward:risk targets
- On-chart status panel + alert hooks for automation
- Setup & strategy guide (PDF) + free updates
Questions
Before you grab it.
Do I need to know how to code?
No. You copy the script into TradingView's Pine Editor, click "Add to chart," and the signals appear. The included guide walks you through it step by step.
What markets does it work on?
Built and tuned for futures like MNQ/NQ/ES, but the logic works on any liquid market and timeframe. You can tune the EMAs, ATR risk, and session in the settings.
Can it place trades automatically?
It generates the signals and alert hooks. You can trade them manually, or wire the alerts to a broker bridge (e.g. Tradovate via PickMyTrade) for automation — the guide explains the path. Requires a TradingView Pro+ plan for webhooks.
What do I actually get?
An instant download containing the Pine v5 script and the setup & strategy guide PDF, plus free updates.
Educational tool only — not financial advice. No outcome is promised, and backtest results are not live results. Trading futures involves substantial risk of loss. Test on a simulator/evaluation account before risking real capital. You are solely responsible for your decisions and outcomes.