Natural Momentum


SETTING MANUAL


1/ What is Natural Momentum? 

Introduction: 

  • The Natural Momentum indicator is a tool designed for TradingView users, tailored for traders keen on capturing the inherent strength of market trends in real-time.
  • It harnesses the power of natural logs and a sophisticated TEMA-based algorithm to sift through past market data, providing precise predictions of market momentum shifts.

Benefits:

  • Trend Insights: Offers immediate signals for upcoming market trend reversals.
  • Reduced Lag: Provides faster, more accurate market entry and exit points than traditional indicators.
  • High-Probability Trades: Filters market noise for clearer trade opportunities.
  • Simplified Trading: Auto-calculates trade entries, stops, and targets for ease of use.
  • Versatile: Effective across all markets and time frames, suitable for various trading strategies.
  • Timely Alerts: Delivers alerts swiftly to capture significant moves without delay.


2/ Indicator Setting - Natural Momentum Indicator

Natural Market Slope Period: Adjust to make the indicator more or less sensitive to price movement. Shorter periods yield quicker signals; longer ones smooth out volatility.

Price: Choose the price data (open, high, low, close…) for indicator calculations, tailoring it to your trading approach.

Triple EMA Pre-smoothing Period: This smooths out the line at the start, helping to lessen the effect of sudden market jumps..

Line Color 1 & 2: Customize these colors for the primary and secondary lines to differentiate between different momentum indicators.

Fill Color 1 & 2: Select fill colors to visually mark different areas on the chart, showing you whether the market is up or down.

Line Width: Alter the thickness of the indicator lines – thicker for visibility or thinner for a less cluttered chart.



3/ Indicator Setting - Natural Momentum Signal

Natural Market Slope Period: Adjust to make the indicator more or less sensitive to price movement. Shorter periods yield quicker signals; longer ones smooth out volatility.

Price: Choose the price data (open, high, low, close,...) for indicator calculations, tailoring it to your trading approach.

Triple EMA Pre-smoothing Period: This smooths out the line at the start, helping to lessen the effect of sudden market jumps..


SL & TP

Stop Loss Detection Distance (Days): Set how many days back the indicator checks to place a stop loss.

ATR Period for SL Shift: Choose the time period for Average True Range to adjust the stop loss.

SL Shift Coefficient (from ATR): Determines how much the ATR affects the stop loss movement.

TP Coefficient (from SL): Sets the take profit level based on the stop loss setting.

Stop Loss Line Color: Pick a color for the stop loss line on the chart.

Take Profit Line Color: Choose a color for the take profit line.

Line Style Option: Select the style of the lines (dotted, dashed, etc.).

Stop Loss Label: Add a label to your stop loss line for easy identification.

Take Profit Label Color: Pick a color for the label on your take profit level.


Arrows

  1. Buy Text: Enter the text displayed for a buy signal (e.g., "Buy").
  2. Sell Text:  Enter the text displayed for a sell signal (e.g., "Sell").
  3. Buy Text Color: Choose the color for the buy signal text.
  4. Sell Text Color: Choose the color for the sell signal text.
  5. Buy/Sell Arrow Size: Adjust the size of the buy and sell signal arrows.
  6. Arrow Max Back Bars: Set how many bars back the arrows can appear for past signals.

  • How can I set up alerts?

To stay updated on potential trading opportunities, you can set up alerts within the Natural Momentum.

Step 1: From the indicator settings, customize your alerts by defining your desired parameters. The selected configurations will be used for notifications in Step 2.


Step 2: To receive notifications through the app, pop-ups, alert emails, Webhook URL, sound alerts, or email-to-SMS, enable these features by clicking on TradingView's “Alert” icon.

Step 3: Select Natural Momentum Signal from the “Condition” dropdown list:

Step 4: A pop-up will appear as follows. You click on “Notifications”.

Step 5: You choose the types of notifications you'd like to receive and click the “Create” button.