Rocket Scan – Midday Movers (No Pullback)

This indicator is designed to spot intraday breakout movers that often appear after the market open — the ones that rip out of nowhere and cause FOMO if you’re late.

🔑 Core Logic
• Momentum Burst: Detects sudden price pops (ROC) with confirming relative volume.
• Squeeze → Breakout: Finds low-volatility compressions (tight Bollinger bandwidth) and flags the first breakout move.
• VWAP Reclaims: Highlights strong reversals when price reclaims VWAP on volume.
• Relative Volume (RVOL): Filters for unusual activity vs. recent averages.
• Gap Filter: Skips large overnight gappers, focuses on fresh intraday movers.
• Relative Strength: Optional filter requiring the symbol to outperform SPY (and sector ETF if chosen).
• Session Window: Default 10:30–15:30 ET to ignore noisy open action and catch true midday moves.

🎯 Use Case
• Built for traders who want early alerts on midday runners without waiting for pullbacks.
• Helps identify potential entry points before FOMO kicks in.
• Works best on liquid tickers (stocks, ETFs, crypto) with reliable intraday volume.

📊 Visuals
• Plots fast EMA, slow EMA, and VWAP for trend context.
• Paints green ▲ for long signals and red ▼ for short signals on the chart.
• Info label shows RVOL, ROC, RS filter status, and gap conditions.

🚨 Alerts

Two alert conditions included:
• Rocket: Midday LONG → Fires when bullish conditions align.
• Rocket: Midday SHORT → Fires when bearish conditions align.

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⚠️ Disclaimer:
This tool is for educational and research purposes only. It is not financial advice. Trading involves risk; always do your own research or consult a licensed professional.