MULTI FACTOR MOMENTUM Trading Guide

The Multi-Factor Momentum Score is a quantitative technical analysis tool. Multi-Factor Momentum Score (MFMS) Combines 4 orthogonal (independent) momentum factors into one composite score: 1. Price Momentum — ROC normalized by ATR (trend direction)

What does the indicator show?

• Market Structure & Momentum: Visualizes prevailing trend directions and key reversal zones.
• BUY / SELL Signals: Highlights confirmed entry and exit opportunities based on quantitative rules.
• Dynamic Boundaries: Provides adaptive levels for managing trade risk and reward expectations.

Key Settings

• ROC Length (rocLen): Controls the calculation period and sensitivity for market detection.
• ATR Length (atrLen): Controls the calculation period and sensitivity for market detection.
• OBV Slope Length (obvSlopeLen): Controls the calculation period and sensitivity for market detection.
• Mean EMA Length (meanEmaLen): Controls the calculation period and sensitivity for market detection.
• RSI Length (rsiLen): Controls the calculation period and sensitivity for market detection.
• RSI Accel Smooth (rsiAccelSmooth): Controls the calculation period and sensitivity for market detection.
• Weight: Price Mom (wPrice): Controls the calculation period and sensitivity for market detection.
• Weight: Volume Mom (wVolume): Controls the calculation period and sensitivity for market detection.
• Weight: Mean Rev (wMean): Controls the calculation period and sensitivity for market detection.
• Weight: Mom Quality (wQuality): Controls the calculation period and sensitivity for market detection.
• Normalize EMA Len (normLen): Controls the calculation period and sensitivity for market detection.
• Normalize Factor (normFactor): Controls the calculation period and sensitivity for market detection.
• Signal EMA Length (signalLen): Controls the calculation period and sensitivity for market detection.
• Strong Level (strongLevel): Controls the calculation period and sensitivity for market detection.
• No-Trade Zone (noTradeZone): Controls the calculation period and sensitivity for market detection.
• Whale Vol Threshold (whaleThresh): Controls the calculation period and sensitivity for market detection.
• Show Signal Line (showSignal): Controls the calculation period and sensitivity for market detection.
• Show Component Dots (showDots): Controls the calculation period and sensitivity for market detection.
• Pivot Length (pivotLen): Controls the calculation period and sensitivity for market detection.
• Bull Strong (bullStrong): Controls the calculation period and sensitivity for market detection.
• Bull Weak (bullWeak): Controls the calculation period and sensitivity for market detection.
• Bear Strong (bearStrong): Controls the calculation period and sensitivity for market detection.
• Bear Weak (bearWeak): Controls the calculation period and sensitivity for market detection.
• Signal Line (signalLine): Controls the calculation period and sensitivity for market detection.
• Whale Buy (whaleBuy): Controls the calculation period and sensitivity for market detection.
• Whale Sell (whaleSell): Controls the calculation period and sensitivity for market detection.
• Price Factor (dotPrice): Controls the calculation period and sensitivity for market detection.
• Volume Factor (dotVolume): Controls the calculation period and sensitivity for market detection.
• Mean Rev Factor (dotMean): Controls the calculation period and sensitivity for market detection.
• Quality Factor (dotQuality): Controls the calculation period and sensitivity for market detection.
• Bull Divergence (divBull): Controls the calculation period and sensitivity for market detection.
• Bear Divergence (divBear): Controls the calculation period and sensitivity for market detection.
• MFMS Score (composite): Controls the calculation period and sensitivity for market detection.
• Signal (signal): Controls the calculation period and sensitivity for market detection.
• Price Mom (nP): Controls the calculation period and sensitivity for market detection.
• Volume Mom (nV): Controls the calculation period and sensitivity for market detection.
• Mean Rev (nM): Controls the calculation period and sensitivity for market detection.
• Mom Quality (nQ): Controls the calculation period and sensitivity for market detection.
• Whale Buy (whaleBuy): Controls the calculation period and sensitivity for market detection.
• Whale Sell (whaleSell): Controls the calculation period and sensitivity for market detection.
• Bull Divergence (divBull): Controls the calculation period and sensitivity for market detection.
• Bear Divergence (divBear): Controls the calculation period and sensitivity for market detection.
• MFMS Score (composite): Controls the calculation period and sensitivity for market detection.
• Signal Line (signal): Controls the calculation period and sensitivity for market detection.
• Is Bullish (isBullish): Controls the calculation period and sensitivity for market detection.
• Is Bearish (isBearish): Controls the calculation period and sensitivity for market detection.
• Is No-Trade Zone (isNoTrade): Controls the calculation period and sensitivity for market detection.
• Is Strong Signal (isStrong): Controls the calculation period and sensitivity for market detection.
• Strong Cross Up (crossUp): Controls the calculation period and sensitivity for market detection.
• Strong Cross Down (crossDown): Controls the calculation period and sensitivity for market detection.
• Whale Buy (whaleBuy): Controls the calculation period and sensitivity for market detection.
• Whale Sell (whaleSell): Controls the calculation period and sensitivity for market detection.
• Bullish Divergence (divBull): Controls the calculation period and sensitivity for market detection.
• Bearish Divergence (divBear): Controls the calculation period and sensitivity for market detection.

How to use Strategy Parameters (Condition Source)

Within the Strategy Tester module, this indicator can be used both as a direct signal source and as a market-state filter.

1. Signal Events

• isBullish - Is Bullish event signal.
• isBearish - Is Bearish event signal.
• isNoTrade - Is No-Trade Zone event signal.
• isStrong - Is Strong Signal event signal.
• crossUp - Strong Cross Up event signal.
• crossDown - Strong Cross Down event signal.
• whaleBuy - Whale Buy event signal.
• whaleSell - Whale Sell event signal.
• divBull - Bullish Divergence event signal.
• divBear - Bearish Divergence event signal.

2. Filters and Trade Levels

• rocLen - ROC Length value used for structural qualification or thresholds.
• atrLen - ATR Length value used for structural qualification or thresholds.
• obvSlopeLen - OBV Slope Length value used for structural qualification or thresholds.
• meanEmaLen - Mean EMA Length value used for structural qualification or thresholds.
• rsiLen - RSI Length value used for structural qualification or thresholds.
• rsiAccelSmooth - RSI Accel Smooth value used for structural qualification or thresholds.
• wPrice - Weight: Price Mom value used for structural qualification or thresholds.
• wVolume - Weight: Volume Mom value used for structural qualification or thresholds.
• wMean - Weight: Mean Rev value used for structural qualification or thresholds.
• wQuality - Weight: Mom Quality value used for structural qualification or thresholds.
• normLen - Normalize EMA Len value used for structural qualification or thresholds.
• normFactor - Normalize Factor value used for structural qualification or thresholds.
• signalLen - Signal EMA Length value used for structural qualification or thresholds.
• strongLevel - Strong Level value used for structural qualification or thresholds.
• noTradeZone - No-Trade Zone value used for structural qualification or thresholds.
• whaleThresh - Whale Vol Threshold value used for structural qualification or thresholds.
• showSignal - Show Signal Line value used for structural qualification or thresholds.
• showDots - Show Component Dots value used for structural qualification or thresholds.
• pivotLen - Pivot Length value used for structural qualification or thresholds.
• composite - MFMS Score value used for structural qualification or thresholds.
• signal - Signal value used for structural qualification or thresholds.
• nP - Price Mom value used for structural qualification or thresholds.
• nV - Volume Mom value used for structural qualification or thresholds.
• nM - Mean Rev value used for structural qualification or thresholds.
• nQ - Mom Quality value used for structural qualification or thresholds.
• whaleBuy - Whale Buy value used for structural qualification or thresholds.
• whaleSell - Whale Sell value used for structural qualification or thresholds.
• divBull - Bull Divergence value used for structural qualification or thresholds.
• divBear - Bear Divergence value used for structural qualification or thresholds.
• composite - MFMS Score value used for structural qualification or thresholds.
• signal - Signal Line value used for structural qualification or thresholds.

Strategy Example: Enter Long when buySignal is true and trendFilter == 1, ensuring trades align with dominant momentum.