Momentum Radar PRO — Multi-Asset Momentum Scanner
Actual-time momentum acceleration detection for 28+ foreign exchange pairs, indices, and crypto
Momentum Radar PRO — 28 pairs + spike detection + sensible pair finder + telegram ($49 lease / $89 lifetime)
Momentum Radar FREE — 8 main pairs + fundamental dashboard (free)
The issue with foreign money energy meters
Conventional foreign money energy instruments reply one query: “which foreign money is robust proper now?” That’s helpful, however it’s static. By the point you discover EUR is robust, the transfer could already be carried out.
Momentum Radar solutions a unique query: “which pair simply began transferring unusually quick?” The excellence between static energy and dynamic acceleration is what separates late entries from early ones.
The way it works
For every of the 28+ monitored symbols, the indicator calculates a composite momentum rating (0-100) each second utilizing 4 elements:
- RSI (30%) — Relative energy index, normalized to the 0-100 vary. Captures directional stress.
- Momentum (40%) — Price of value change over N bars, normalized. The first driver of the rating.
- ATR ratio (15%) — Present ATR versus its 100-bar common. Detects when volatility is abnormally excessive.
- Quantity ratio (15%) — Present tick quantity versus its 20-bar common. Confirms that the transfer has participation.
On high of this, the indicator tracks momentum delta (how the rating modified during the last N bars) and momentum acceleration (the speed of change of the delta itself). Acceleration is what tells you whether or not momentum is constructing or fading.
Spike detection
A spike alert fires when three circumstances are met concurrently:
- Momentum rating crosses above 85 or under 15
- Present ATR exceeds 2x its 100-bar common
- Present tick quantity exceeds 2x its 20-bar common
Alerts embrace hysteresis safety: after firing, the identical alert sort for a similar pair won’t hearth once more till the rating retreats by not less than 10 factors and a 5-minute cooldown passes. This eliminates the alert spam frequent with different instruments.
Good pair finder
The indicator constantly ranks all 9 currencies by energy. It identifies the strongest versus the weakest and suggests the corresponding pair. Click on the suggestion and your chart immediately switches to that pair.
If the direct pair doesn’t exist (for instance, XAU vs GBP), the finder robotically searches for the following out there mixture.
Multi-timeframe heatmap
The MTF heatmap reveals momentum scores for the highest 8 pairs throughout 4 timeframes (M15, H1, H4, D1) in a color-coded matrix. When all 4 timeframes align in the identical route, the confluence sign is considerably stronger.
Every cell makes use of a tinted background shade — inexperienced for top momentum, yellow for impartial, crimson for low — making patterns seen at a look with out studying numbers.
Forex energy delta
Observe 9 currencies (USD, EUR, GBP, JPY, AUD, CAD, NZD, CHF, XAU) with each present energy worth and the change in energy over the chosen interval. This tells you not simply who is robust, however who’s getting stronger.
Momentum/value divergence
Detects when momentum route contradicts value route over the configured lookback interval. Bullish divergence: value falling however momentum rising. Bearish divergence: value rising however momentum falling. These are basic indicators for potential reversals.
Further symbols (PRO)
Past the 28 built-in foreign exchange pairs, the PRO model supplies devoted enter fields for:
- S&P 500 — enter your dealer’s precise title (US500, SPX500, SP500, and so on.)
- Dow Jones — US30, DJ30, WallStreet30, and so on.
- Nasdaq 100 — NAS100, USTEC, US100, and so on.
- Russell 2000 — US2000, RUS2000, and so on.
- Bitcoin — BTCUSD, Bitcoin, and so on.
- 2 customized symbols of your alternative
Since each dealer makes use of completely different naming conventions, you sort the precise image title because it seems in your Market Watch. The indicator validates it on load and provides it to the scanner.
Interactive dashboard
- Click on any pair within the desk to modify your chart immediately
- Click on TF buttons (M15 / H1 / H4 / D1) to alter the evaluation timeframe — all calculations replace instantly with new indicator handles
- Click on Type buttons (MOM / DELTA / VOL / ACCEL) to reorder the desk
- Click on the Good Pair suggestion to leap to the really useful pair
- Keyboard shortcuts: S = cycle kind, T = cycle timeframe, R = power refresh
Alert system (PRO)
- Spike Alert — fires when momentum exceeds threshold with elevated quantity
- Momentum Cross 80/20 — fires when a pair enters sturdy or weak territory
- Divergence Alert — fires on momentum/value divergence
- Supply choices: Popup, Sound, Push Notification, E-mail, Telegram
- Hysteresis safety prevents alert spam (re-arms solely after 10-point buffer)
- 5-minute cooldown per image per alert sort
- Constructed-in Telegram bridge sends formatted alerts with image, route, momentum rating, and quantity
Show choices
- 3 shade themes: Darkish, Midnight Blue, Mild
- Configurable dashboard place and offset
- Toggle particular person panels on/off (Heatmap, Prime Movers, Alert Log, Good Pair)
- Alerts Config panel reveals which notifications are at present energetic
Technical particulars
- Light-weight design: calculates solely the final 500 bars (configurable)
- Pre-initialized indicator handles for all symbols — no redundant recalculation
- Automated dealer image detection with SmartFind engine
- Auto-detects dealer prefix/suffix from the present chart image
- Persistent knowledge: if an emblem briefly fails to replace, the final identified values are retained
- Works on any chart — the scanner screens all configured symbols whatever the chart image
PRO vs FREE comparability
| Characteristic | FREE | PRO |
|---|---|---|
| Foreign exchange pairs | 8 majors | 28 + customized |
| Indices and crypto | — | As much as 7 |
| Momentum rating and delta | Sure | Sure |
| Momentum acceleration | — | Sure |
| Spike detection | — | Sure |
| Good pair finder | — | Clickable |
| Forex energy delta | — | Sure |
| MTF heatmap | — | Shade-coded |
| Divergence detection | — | Sure |
| Alert system | — | Popup, Sound, Push, E-mail |
| Telegram bridge | — | Constructed-in |
| Shade themes | 3 | 3 |
| One-click chart change | Sure | Sure |
Set up
- Copy the MomentumRadar folder to MQL5/Indicators/
- Compile MomentumRadar.mq5 (PRO) or MomentumRadar_Free.mq5
- Drag onto any chart — the scanner screens all symbols no matter chart
- Configure further image names within the inputs if buying and selling indices or crypto
- For Telegram alerts: permit WebRequest for api.telegram.org in MT5 settings