OPEN-SOURCE SCRIPT
MJ Momentum Fusion [MACD+KDJ]

MJ Momentum Fusion [MACD+KDJ]
Too many indicators give you a signal after the move is already halfway finished. The MJ Momentum Fusion [MACD+KDJ] is designed to be the filter. It only allows a signal to trigger at the birth of a trend.
How the "birth" Works:
The program tracks the exact moment the MACD histogram changes color (crossing the Zero-Line). It then opens a Strict 2-Bar Window.
Why this is different from any other MJ script:
Practical Applications:
Point to Note:
This is a high-conviction indicator. Because it has such a tight window, you will see fewer signals than a standard MACD, but each signal carries significantly more weight because it represents "Perfect Timing" between trend and momentum.
Too many indicators give you a signal after the move is already halfway finished. The MJ Momentum Fusion [MACD+KDJ] is designed to be the filter. It only allows a signal to trigger at the birth of a trend.
How the "birth" Works:
The program tracks the exact moment the MACD histogram changes color (crossing the Zero-Line). It then opens a Strict 2-Bar Window.
- If the J-Line crosses zero within the first or second bar of a new trend—you get a BUY/SELL arrow.
- If the J-Line is late (crossing on the 3rd bar or later), the signal is discarded as "Chasing the Trend."
Why this is different from any other MJ script:
- Prevailing Momentum Only: It stops you from entering at the trend's peak. By limiting signals to the first 2 candlesticks (2K) of a color flip, you ensure you are entering while volatility is just beginning to explode.
- Noise Elimination: No more "spammy" arrows in a long trend. You get one shot at the beginning—if you miss it, the indicator waits for the next full trend reversal.
Practical Applications:
- Day Trading: Ideal for 5M or 15M charts where catching the initial move of the London or New York session is critical.
- Options Selection: Since these signals only fire at the start of momentum, it is the highest probability time to buy OTM/ATM options to benefit from a fast Delta move.
- Risk Management: If you don't see an arrow within the first 2 bars of a trend change, you know statistically that the "easy money" move has passed. Don't chase.
Point to Note:
This is a high-conviction indicator. Because it has such a tight window, you will see fewer signals than a standard MACD, but each signal carries significantly more weight because it represents "Perfect Timing" between trend and momentum.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.