Kai GoNoGo 2m

Kai GoNoGo 2m is a multi-factor trend confirmation system designed for fast intraday trading on the 2-minute chart.
It combines EMAs, MACD, RSI and ADX through a weighted scoring model to generate clear Go / NoGo conditions for both CALL (long) and PUT (short) setups.

The indicator paints the candles with pure colors to show the current strength of the trend:

Strong Go (Bright Blue): Full bullish alignment across EMAs, momentum and trend strength.

Weak Go (Light Blue): Bullish structure but with softer momentum.

Weak NoGo (Light Pink): Bearish structure starting to develop.

Strong NoGo (Bright Pink): Full bearish alignment across all components.

Neutral (Gray): No trend, compression or transition phase.

Components included:

EMA Trend Structure (9/21/50/100/200)

MACD Momentum (12-26-9)

RSI Confirmation (14)

ADX Trend Strength Filter via DMI (14,14)

Scoring system inspired by the original GoNoGo concept, improved for speed-based trading.

Designed for:
Scalping, 0DTE options, FAST trend continuation entries, and momentum confirmation on QQQ, SPY, NQ, ES and high-beta names.

This version uses pure colors (no gradients) for maximum clarity when trading fast charts.