A coordinated set of momentum, money flow, confluence, divergence, and reversal modules - built to turn live market noise into a readable sequence of conditions.
Oscillator Suite is built for one job: turn live market noise into a
readable sequence of conditions. Not “one signal.” Not “one oscillator.” A
coordinated set of modules that track momentum, money pressure, agreement
between them, and exhaustion - so you can see when moves have real backing,
when they’re fading, and when reversal conditions are worth treating as a
serious event.The suite ships with six interlocking modules, all in one pane:
Momentum Ribbon - the core oscillator + signal line + crossover events.
Modified Money Flow Index (MFI) - pressure overlay with adaptive
thresholds.
Confluence Zones - bands that fill when momentum and money flow agree.
Reversal Signals - Major (ℝ) and Minor (cross) reversal events,
filtered by volume.
Divergences - auto-drawn divergence lines on extended momentum.
Momentum Velocity - a slower, structural momentum lens.
Bar Coloring - projects the suite’s read directly onto candles.
The Momentum Ribbon is the oscillator at the center of the suite. It’s a
normalized momentum read with two visible lines: the raw signal
(sig) and a smoothed signal-of-signal (sgD). The fill between them
flips color on every cross, and circle markers print at every crossover.Controls you’ll touch:
Input
Default
What it changes
Calculation Period
7
Lookback for the oscillator base. Higher = smoother / fewer signals. Lower = faster / more signals.
Signal Line type
SMA
Smoothing kernel applied to the ribbon’s signal-of-signal. Choose between SMA, EMA, WMA, LINREG, T3, ALMA, DEMA, TEMA, RMA.
Smoothing length
3
The smoothing length for the signal-line kernel. Higher = cleaner shifts. Lower = earlier shifts.
Positive / Negative colors + transparency
green / red / 40
The ribbon fill colors and opacity.
What you’ll see on chart:
A filled ribbon above and below zero, colored bullish or bearish.
Circle markers at every momentum crossover (signal vs signal-of-signal).
Black inner-line outlines so the ribbon is readable on any background.
In live markets: This is what you watch when price is chopping. The
ribbon will often show momentum actually resolving even if price looks
messy for a few candles.
A modified Money Flow Index that uses an adaptive threshold rather than
fixed 80/20 levels. The script tracks rolling averages of bullish and
bearish MFI readings, so “strong pressure” is judged relative to the
asset’s own recent participation - not a textbook constant.Controls:
Input
Default
What it changes
Calculation Period
35
MFI lookback. Higher = smoother. Lower = more reactive.
Smoothing Period
6
Extra smoothing applied to the modified MFI.
Money Flow Colors
green / red
Colors used in the MFI fill and inside confluence zones.
What you’ll see on chart:
A line plotted between the ribbon and the zero level, colored by sign.
Stronger fills (less transparent) where MFI exceeds its own bullish or
bearish running average - the script highlights when pressure is
actually elevated, not just present.
A faint fill between MFI and zero when readings are weak, so you don’t
mistake “barely positive” for accumulation.
The Money Flow wave is your context filter. It exists to separate:
This is how you stop forcing trades. When confluence is strong, you
can hold with more confidence. When confluence fades, you tighten
expectations and demand better structure or confirmation.
Reversal events are filtered by volume expansion combined with momentum
and money flow conditions - they’re not raw oscillator extremes. The suite
prints two tiers:
Tier
Marker
Triggered when
Major
ℝ label at ±65 + soft background tint
Volume expands strongly and momentum is past the reversal threshold and money flow agrees with the direction (above bullish-MFI average / below bearish-MFI average).
Minor
Cross marker at ±65
Lighter volume expansion and momentum past ±20 and the volume’s own RSI confirms direction.
Reversal Factor (1–10, default 4) scales the strictness:
Lower → more reversal events, more sensitive.
Higher → fewer events, but each is more strongly filtered.
Live-Market Mindset:
A reversal print during heavy opposing pressure is often just a pause.
A reversal print when money flow pressure is weakening or shifting is
a different animal.
A reversal print as confluence transitions is where dips and tops
become actionable ideas.
Divergences here only evaluate when momentum is past the divergence
threshold (default 20). That filter is intentional - it stops the
indicator from spamming low-quality divergence lines in mid-range chop.Controls:
Input
Default
What it changes
Divergence Threshold
20
Lower = more (shorter-term) divergences. Higher = fewer (longer-term) divergences.
Show Divergences
on
Toggle the auto-drawn lines.
Bull / Bear Divergence Colors
green / red
Line colors.
What gets drawn: when the ribbon is in extended territory and crosses
its own signal line, the script compares the most recent momentum extreme
against the previous extreme (in the same regime). If price has made a new
extreme but momentum hasn’t, a line is drawn between the two.What divergence is used for here:
Spot engine weakness when price attempts to extend but momentum does
not match.
Warn you early so you can manage risk before the obvious reversal
candle shows up.
Help you identify when a trend is losing quality, especially when
confluence begins fading.
A second momentum lens that’s slower and more “structural.” It’s a
weighted-price for-loop momentum read normalized over a longer lookback
(default 100 bars) - useful for confirming whether the broader momentum
environment is actually supporting what the ribbon is doing.Visual feedback: plotted as columns at the bottom of the pane in a
graduated color scale - light tints at low magnitude, vivid green or
red as readings get extreme. So you can read background regime strength at
a glance without reading numbers.How traders use this in practice:
As a permission layer to avoid fighting stronger background pressure.
To confirm when momentum shifts are likely to hold, not just flip
for a bar.
To spot when short-term momentum is turning inside a larger supportive
environment.
Bar coloring projects the suite’s current read directly onto candles so
you can process conditions without staring at the panel. Pick the mode
that matches how you trade:
Mode
Bars colored when…
None
No bar coloring.
Momentum direction
Ribbon signal is above / below its own smoothed signal.
Momentum above/below midline
Ribbon signal is above / below zero.
MFI above/below midline
Money flow is above / below zero.
Confluence (Mom + MFI)
Both momentum and MFI agree (both bullish or both bearish).
Strong Confluence Only(default)
Confluence plus money flow exceeds its own running bullish/bearish average. The strictest mode.
Pick a kernel that matches asset behavior - SMA / EMA for general use,
LINREG or T3 for cleaner regime tracking, ALMA / DEMA / TEMA for
faster response without raw whipsaw.
