The trend is your friend

A commentary using MSFT chart

A multi-timeframe momentum indicator of MSFT is shown. As the arcs demonstrate, each time the + and - angles diverge, a strong trend ensues, and lasts until the angles begin to converge. This method highlights the value of segregating price action into its sub components.

This momentum oscillator is created by aggregating the harmonic mean of multiple timeframes ranging from 1 day to 3 weeks. Smoothing is then applied to ensure the indicator gives clear smooth signals whilst minimizing lag.

"Flat" signals are ignored. As a rule, angle must be at least +/- 35 degress in the direction of the trade for an entry to be considered. Volume and cycle analysis (not shown) acts as secondary filters .

Based on experimentation and given the nuances of pinescript, overlaying the results on a 2 day chart gives the best visual representation.