Momentum Trajectory Suite

📈 Momentum Trajectory Suite

🟢 Overview
Momentum Trajectory Suite is a multi-faceted indicator designed to help traders evaluate trend direction, volatility conditions, and behavioral sentiment in a single consolidated view.
By combining a customizable Trajectory EMA, adaptive Bollinger Bands, and a Greed vs. Fear heatmap, this tool empowers traders to identify directional bias, measure momentum strength, and spot potential reversals or continuation setups.

🧠 Concept
This indicator merges three classic techniques:

• Trend Analysis: Trajectory EMA highlights the prevailing directional momentum by smoothing price action over a customizable period.
  
  
• Volatility Envelopes: Bollinger Bands adapt to dynamic price swings, showing overbought/oversold extremes and periods of contraction or expansion.
  
  
• Behavioral Sentiment: A Greed vs. Fear heatmap combines RSI and MACD Histogram readings to visualize when markets are dominated by buying enthusiasm or selling pressure.
  

The combination is designed to help traders interpret market context more effectively than using any single component alone.

🛠️ How to Use the Indicator

Trajectory EMA:

• Use the blue EMA line to assess overall trend direction.
  
  
• Price closing above the EMA may indicate bullish momentum; closing below may indicate bearish bias.
  

Buy/Sell Signals:

• Green circles appear when price crosses above the EMA (potential long entry).
  
  
• Red circles appear when price crosses below the EMA (potential exit or short entry).
  

Bollinger Bands:

• Monitor upper/lower bands for overbought and oversold price extremes.
  
  
• Narrowing bands may signal upcoming volatility expansion.
  

Greed vs. Fear Heatmap:

• Green histogram bars indicate bullish sentiment when RSI exceeds 60 and MACD Histogram is positive.
  
  
• Red histogram bars indicate bearish sentiment when RSI is below 40 and MACD Histogram is negative.
  
  
• Gray bars indicate neutral or mixed conditions.
  

Background Color Zones:

The chart background shifts to green when EMA slope is positive and red when negative, providing quick directional cues.

All inputs are adjustable in settings, including EMA length, Bollinger Band parameters, and oscillator configurations.

📊 Interpretation

Bullish Conditions:

Price above the Trajectory EMA, background green, and Greed heatmap active.

May signal trend continuation and increased buying pressure.

Bearish Conditions:

Price below the Trajectory EMA, background red, and Fear heatmap active.

May signal momentum breakdown or potential continuation to the downside.

Volatility Clues:

Wide Bollinger Bands = trending, volatile market.

Narrow Bollinger Bands = low volatility and possible breakout setup.

Signal Confirmation:

Consider combining signals (e.g., EMA crossover + Greed/Fear heatmap + Bollinger Band touch) for higher-confidence entries.

📝 Notes

The script does not repaint or use future data.

Suitable for multiple timeframes (intraday to daily).

May be combined with other confirmation tools or price action analysis.


⚠️ Disclaimer
This script is for educational and informational purposes only and does not constitute financial advice. Trading carries risk and past performance is not indicative of future results. Always perform your own due diligence before making trading decisions.