Product: MomentumQ Combo (MoQ Combo)
License: Mozilla Public License 2.0
Author: © MomentumQ
1. Core Concept
MoQ Combo is built to answer three things for you, in real time:
- Are we in a bullish, bearish, or neutral momentum state?
- Are we approaching exhaustion (overbought / oversold) or just entering momentum?
- Are there early warning signs (like divergence) that the current move is weakening?
Instead of guessing based on a single oscillator line, MoQ Combo presents:
- Regimes (context)
- Signals (timing)
- Extremes (risk of reversal)
- Momentum bias (which side currently has control)
This structure is designed to help both breakout traders and mean-reversion traders.
2. RSI & Market Regime View
The first layer is a classic RSI (Relative Strength Index). MoQ Combo uses RSI to identify broad regime conditions, not just “above 70 = sell”.
RSI Regime Classification
MoQ Combo classifies RSI into:
- Bullish regime: RSI is holding in a constructive zone (roughly above ~50 but not overheated), and remains supported over multiple bars.
- Bearish regime: RSI is holding in a weaker zone (roughly below ~50 but not fully washed out), and remains suppressed over multiple bars.
- Neutral regime: None of the above.
On the chart:
- RSI can be colored green during bullish regime conditions.
- RSI can be colored red during bearish regime conditions.
- Otherwise, it defaults to a neutral tone.
You can also optionally display fixed RSI guide levels:
- 70 (overbought reference)
- 30 (oversold reference)
- 50 (midline)
This gives you a fast read:
- “Are we being accumulated, distributed, or just ranging?”
- “Are we extended, or are we stabilizing?”
This is especially useful for swing bias and directional filtering.
3. Stochastic RSI Timing Layer
The second layer applies a Stochastic calculation to RSI itself (often called “Stoch RSI”). This is used to time turns inside the broader regime.MoQ Combo calculates a smoothed %K and %D of RSI, and optionally plots:
- %K line (faster)
- %D line (slower average of %K)
- Overbought / oversold bands (commonly 80 and 20, plus 100 and 0 hard caps)
- A shaded background between the OB/OS bands for instant visual reading
Why this matters:
- RSI alone might say “we’re weak.”
- Stoch RSI can say “we are just starting to curl up from oversold,” which is often the first sign of a bounce.
- Or vice versa near tops.
Simple illustrative signal markers (optional)
The script can plot basic dot markers when:
- Bullish condition: RSI < 30 AND Stoch RSI %K < 20
(possible early accumulation / oversold attention area) - Bearish condition: RSI > 70 AND Stoch RSI %K > 80
(possible distribution / overbought attention area)
These are not trade instructions. They’re flags that conditions for mean-reversion or fading may be forming.
4. Divergence Detection (Optional)
MoQ Combo can attempt to detect both regular and hidden divergence between price and the Stoch RSI %K line.It does this by:
- Finding pivots (swing highs / swing lows) in %K.
- Finding pivots in price at the same bars.
- Comparing whether price made a higher high while %K made a lower high, etc.
It draws lines between recent pivots and colors them:
- Bearish divergence (price up, momentum down)
- Bullish divergence (price down, momentum up)
- Hidden divergence (trend continuation setups)
This feature can be toggled on/off.
It’s especially useful for spotting early fade areas or continuation exhaustion.Note:
- Divergence is a warning, not a guaranteed reversal.
- Higher pivot length = fewer but stronger divergence calls.
- Lower pivot length = more signals, but they can be noisy.
5. Momentum Tracker (V2.0 Mode)
This is the advanced mode and can be enabled with “Momentum Tracker” in settings.Instead of showing plain RSI/Stoch RSI, Momentum Tracker builds its own panel using a specialized Stochastic engine of price (%K/%D), then wraps that in adaptive structure:
a) %K / %D Core
- %K is smoothed, then %D is smoothed again.
- Crossovers between %K and %D are treated as momentum shifts.
- Crossovers plot as colored markers at y = 0 (baseline), for instant bullish vs bearish read:
- Green circle at 0 = bullish cross (%K crossing above %D)
- Red circle at 0 = bearish cross (%K crossing below %D)
This gives you a fast “who’s in control right now?” signal without staring at values.
b) Pivot Framework
Momentum Tracker continuously measures where %K tends to top and bottom out by:
- Detecting pivot highs and pivot lows in %K.
- Averaging only those pivot highs and pivot lows over a chosen lookback.
- Computing:
- Average pivot high
- Average pivot low
- The midpoint between them (mean)
- Halfway levels between mean ↗ high and mean ↘ low
Those levels are then plotted:
- High / Low bands (solid, stronger color)
- Mid bands (dashed)
- Mean line (neutral/gray)
This creates a live “expected range” for momentum. You immediately see:
- Are we stretched to an extreme relative to normal pivots?
- Are we just oscillating around the mean (chop)?
- Are we breaking out of typical behavior?
The script also fills the region between average pivot high and average pivot low with a very soft neutral shading. That gives you a visual “momentum corridor.”
c) OB/OS Zones
Momentum Tracker shows soft overbought and oversold guide zones above/below that corridor using semi-transparent fills.
These zones are meant to highlight areas where momentum tends to stall or flip.They’re intentionally gentle (not loud bright blocks), so the panel stays readable.
d) Momentum Bias Fill
The space between %K and %D is filled:
- Green-tinted fill when %K is above %D → bullish momentum bias
- Red-tinted fill when %K is below %D → bearish momentum bias
This is huge for intraday traders:
- You don’t have to “decode” if %K is greater than %D visually; the panel tells you with color.
- You can quickly scan which side is pressing.
6. Theme Support (Light / Dark)
MoQ Combo includes a Theme Settings group.You can pick:
The script adjusts line colors, highlight colors, and text contrast so it remains readable and doesn’t wash out on your chart.This applies across:
- RSI regime coloring
- Stoch RSI lines
- Momentum Tracker pivots and fills
- OB/OS zones
This is especially useful for publishing screenshots, streaming, or sharing setups with others — the visuals stay consistent and intentional.
7. How to Use MoQ Combo in Practice
A. Classic Momentum Read
- Turn on RSI Regime and RSI Stochastic.
- Watch for RSI to enter and hold a bullish regime (green).
- Watch Stochastic RSI curl up from oversold (under 20) while RSI is still relatively low (<30–35).
→ This can mark early accumulation.
Reverse that logic for bearish cases:
- RSI in a bearish regime.
- Stoch RSI curling down from overbought while RSI is high (>70).
→ Potential distribution / exhaustion.
B. Divergence Check
If you enabled divergence:
- Bearish divergence near the top of a rally can warn “this move is losing internal strength.”
- Bullish divergence after aggressive selling can hint “sellers are tiring.”
This is signal context, not an entry by itself.
C. Momentum Tracker (V2.0 Style)
For more structure:
- Enable Momentum Tracker.
- Use the pivot bands to understand where momentum is trading relative to its own recent range.
- Watch the color fill between %K and %D:
- Sustained green fill + repeated bullish crosses near the lower half of the range = constructive momentum build.
- Sustained red fill + repeated bearish crosses near the upper half of the range = distribution / sell pressure.
- Use the crossover markers at y = 0 as timing cues.
These are often where intraday traders choose to engage or exit partials.
D. Strategy Integration
MoQ Combo is not a “buy here / sell here” system.
It’s a timing and context assistant that you add on top of:
- Higher timeframe bias
- Key price levels (support/resistance, liquidity pools)
- Risk management rules
You remain responsible for trade entries, exits, and size.
8. Customization
You have control over:
- Theme
- RSI Layer
- Show or hide RSI regime coloring
- Keep or hide classic 70 / 30 lines
- Stochastic RSI
- Toggle the Stoch RSI display
- Adjust smoothing lengths
- See overbought / oversold shading
- Optional simple signal dots
- Divergence
- Enable/disable divergence detection
- Control pivot sensitivity (pivot length)
- Momentum Tracker
- Toggle the entire Momentum Tracker mode on/off
- Tune %K/%D lengths and smoothing
- Set how pivots are averaged
- Show pivot high/low bands, midpoint lines, and shaded ranges
- View overbought/oversold guide zones
- View momentum bias fill (%K vs %D)
- See crossover markers at y = 0
This modular design means you can run Combo as:
- A lightweight RSI/Stoch RSI panel, OR
- A full-featured momentum dashboard with adaptive pivots.
9. Access
MoQ Combo is provided under the Mozilla Public License 2.0 and may be distributed as an invite-only or controlled-access script on TradingView.If access is restricted:
- Go to the MomentumQ profile on TradingView.
- Click “Message”.
- Include your TradingView username and intended usage (scalping, swing, etc.).
TradingView recommends that you only pay for or rely on private scripts from authors you trust and whose logic you understand. You can always explore public, open-source indicators as well.
10. Disclaimer
Important Legal Notice
The MomentumQ Combo (MoQ Combo), including all visuals, alerts, divergence logic, regime classification, and momentum tools, is provided strictly for educational and informational purposes.It is not financial advice, investment advice, trading advice, or a guarantee of performance.All forms of trading and investing carry risk, including the risk of loss. Past performance is not indicative of future results.You are solely responsible for any decisions you make in the market. You should use proper risk management, and you may wish to consult a licensed financial professional before acting on any signal or interpretation from this tool.© MomentumQ. All rights reserved. Use and redistribution are subject to the Mozilla Public License 2.0.