OPEN-SOURCE SCRIPT
ROC+ADX Trend & Momentum System

### Code Analysis: ROC+ADX Trend & Momentum System (v5 Pine Script)
#### **Core Function**
This Pine Script indicator integrates **Rate of Change (ROC)** and **Average Directional Index (ADX)** to build a professional trend-momentum trading system, which identifies trend strength, momentum changes, price divergences and generates actionable long/short trading signals for financial markets (stocks, crypto, forex). It features coordinated visual display, adaptive volatility adjustment and a comprehensive scoring mechanism for trend evaluation.
#### **Key Features (Concise)**
1. **Hybrid Indicator Logic**
Combines **ROC (12/6-period, EMA-smoothed)** (measures price momentum) and **ADX (14-period)** (identifies trend strength/direction, with +DI/-DI for trend bias), forming a dual-dimension analysis of trend + momentum.
2. **Adaptive Dynamic Threshold**
Adjusts momentum thresholds in real time based on **14-period ATR volatility**; higher market volatility raises thresholds, lower volatility lowers them, ensuring signal accuracy across different market conditions.
3. **Multi-Category Trading Signals**
Generates 4 core signal types: trend breakout (long/short), momentum boost/drop, trend reversal, and price-ROC bullish/bearish divergence, all filtered by ADX trend validity.
4. **Comprehensive Trend Scoring System**
Calculates a **0-100 trend score** (integrates ADX strength, ROC momentum, direction consistency, momentum persistence) and classifies trend intensity into 5 levels (Extreme/Strong/Medium/Weak/None).
5. **Coordinated Visual Display**
Supports scalable unified display for ROC & ADX values (custom scale factors), with color-coded lines, momentum histograms, heatmap background and reference lines for intuitive trend judgment.
6. **Informative Dashboard & Alerts**
Embeds a top-right info panel showing real values (ROC, ADX, volatility), trend level and active signals; includes multi-tier alert conditions for all key signals (breakout, reversal, divergence).
7. **High Customizability**
Full input configurability for all core parameters (periods, thresholds, scale factors) and visual toggles (show/hide ROC/ADX, signals, heatmap, reference lines).
#### **Technical Highlights**
- Uses EMA smoothing for ROC/ADX to reduce false signals;
- Identifies ROC momentum & acceleration for precise trend phase judgment;
- ADX grading (strong/weak/oscillation) filters invalid signals in sideways markets;
- Color-coded elements (lines, histograms, heatmap) reflect real-time trend/momentum status;
- Non-overlay layout ensures clear separation from price charts, optimized for multi-screen analysis.
#### **Core Function**
This Pine Script indicator integrates **Rate of Change (ROC)** and **Average Directional Index (ADX)** to build a professional trend-momentum trading system, which identifies trend strength, momentum changes, price divergences and generates actionable long/short trading signals for financial markets (stocks, crypto, forex). It features coordinated visual display, adaptive volatility adjustment and a comprehensive scoring mechanism for trend evaluation.
#### **Key Features (Concise)**
1. **Hybrid Indicator Logic**
Combines **ROC (12/6-period, EMA-smoothed)** (measures price momentum) and **ADX (14-period)** (identifies trend strength/direction, with +DI/-DI for trend bias), forming a dual-dimension analysis of trend + momentum.
2. **Adaptive Dynamic Threshold**
Adjusts momentum thresholds in real time based on **14-period ATR volatility**; higher market volatility raises thresholds, lower volatility lowers them, ensuring signal accuracy across different market conditions.
3. **Multi-Category Trading Signals**
Generates 4 core signal types: trend breakout (long/short), momentum boost/drop, trend reversal, and price-ROC bullish/bearish divergence, all filtered by ADX trend validity.
4. **Comprehensive Trend Scoring System**
Calculates a **0-100 trend score** (integrates ADX strength, ROC momentum, direction consistency, momentum persistence) and classifies trend intensity into 5 levels (Extreme/Strong/Medium/Weak/None).
5. **Coordinated Visual Display**
Supports scalable unified display for ROC & ADX values (custom scale factors), with color-coded lines, momentum histograms, heatmap background and reference lines for intuitive trend judgment.
6. **Informative Dashboard & Alerts**
Embeds a top-right info panel showing real values (ROC, ADX, volatility), trend level and active signals; includes multi-tier alert conditions for all key signals (breakout, reversal, divergence).
7. **High Customizability**
Full input configurability for all core parameters (periods, thresholds, scale factors) and visual toggles (show/hide ROC/ADX, signals, heatmap, reference lines).
#### **Technical Highlights**
- Uses EMA smoothing for ROC/ADX to reduce false signals;
- Identifies ROC momentum & acceleration for precise trend phase judgment;
- ADX grading (strong/weak/oscillation) filters invalid signals in sideways markets;
- Color-coded elements (lines, histograms, heatmap) reflect real-time trend/momentum status;
- Non-overlay layout ensures clear separation from price charts, optimized for multi-screen analysis.
نص برمجي مفتوح المصدر
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نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.