OPEN-SOURCE SCRIPT

Z-Score + Momentum Strategy (Filtered)

299
✅ What the script does:
Calculates the Z-Score of price with EMA smoothing.

Calculates Momentum as the difference between the current price and the price n bars ago.

Generates signals:

Buy: When the Z-Score is rising and relatively positive, and momentum is increasing.

Sell: When the Z-Score is falling, and momentum is decreasing.

Plots BUY and SELL labels on the candles.

Provides alerts that can be activated from the TradingView settings.

Displays Z-Score and Momentum in the lower pane of the chart.

🎯 How to use the script:
Copy the code into the Pine Editor on TradingView.

Click "Add to Chart".

Enable alerts using the alertcondition settings.

You can modify the following parameters:

Z-Score period: length

Momentum lookback period: momentumLength

Z-Score entry threshold: threshold

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.