VolMo Algorithm [Pro]

VolMo Algorithm [Pro] - Volume Momentum Oscillator
📊 Overview
VolMo Algorithm is a professional-grade composite momentum oscillator that synthesizes three critical market dimensions into a single, unified signal designed for institutional-level analysis.

This indicator was engineered to cut through market noise by fusing:

Volatility Band Analysis - Mean reversion detection through dynamic price envelopes
Dual EMA Momentum - Trend identification via fast/slow crossover mechanics
Swing Structure Recognition - Context awareness through pivot-based structure
⚙️ How It Works
The Composite Signal Formula
text
VolMo = (Momentum Score × MD Weight) + (Band Position Score × DTB Weight)
Component Description
Momentum Score Normalized momentum (Fast EMA - Slow EMA) expressed in standard deviations
Band Position Score Price location within volatility bands indicating stretch/compression
Signal Interpretation
Value Range Market State
> 0 Bullish momentum bias
< 0 Bearish momentum bias
> +2.0 Overbought (mean reversion likely)
< -2.0 Oversold (mean reversion likely)
🎯 Key Features
✅ Adaptive Histogram - Color-coded by momentum direction AND acceleration

Bright colors = Momentum accelerating
Dim colors = Momentum decelerating
✅ Signal Line Crossovers - Early warning for trend changes

✅ Overbought/Oversold Zones - Statistical extremes for mean reversion plays

✅ Triple Confirmation System - Signals when momentum, price, AND bands align

✅ Real-Time Dashboard - At-a-glance status including:

Current trend state with directional icons
Signal strength meter (0-100%)
Band position percentage
Momentum acceleration status
Active confirmation status
✅ 5 Color Themes - Neon Pro, Classic, Ocean, Sunset, Monochrome + Custom

✅ Comprehensive Alerts - Trend changes, crossovers, OB/OS entries, confirmations