Xhmaster Formula Indicator -

| State | Color | Condition | |-------|-------|------------| | | Bright Green | ATL sloping up AND NMO > 70 AND Close > Upper Envelope | | Weak Buy / Accumulation | Dark Green | ATL sloping up AND NMO between 50-70 AND Close inside envelope | | Strong Sell | Bright Red | ATL sloping down AND NMO < 30 AND Close < Lower Envelope | | Weak Sell / Distribution | Dark Red | ATL sloping down AND NMO between 30-50 AND Close inside envelope | | Neutral | Gray | Any unconfirmed condition |

[ Upper\ Envelope = EMA_20 + (ATR_10 \times 1.5) ] [ Lower\ Envelope = EMA_20 - (ATR_10 \times 1.5) ] Xhmaster Formula Indicator

// Normalized Momentum Oscillator (NMO) period_mom = 14 price_change = close - close[period_mom] mean_change = ta.sma(price_change, period_mom) std_change = ta.stdev(price_change, period_mom) nmo_raw = (price_change - mean_change) / std_change nmo = (nmo_raw + 3) / 6 * 100 | State | Color | Condition | |-------|-------|------------|