Reversal Strength with Momentum Ratings on 4hr charts

Here's a quick breakdown of what you'll see on your chart and how to actually use the indicator!

Reversal Labels:

↑ = Bullish reversal (price reversing upward)
↓ = Bearish reversal (price reversing downward)
STRONG (bright green/red) = High-confidence reversal (score > 65)
weak (faded green/red) = Low-confidence reversal (score ≤ 65)
Number on label = Reversal strength score (0-100)

Momentum Table (Top Right):

Overall Score (0-100) = Total momentum strength

Green (80+) = Very strong momentum
Yellow (40-60) = Moderate momentum
Orange/Red (<40) = Weak/stalling momentum



Individual Momentum Scores (each worth 0-20 points):

Volume = How much trading activity vs average
Price ROC = How fast price is moving (rate of change)
MA Spacing = How spread out the moving averages are (trend strength)
ADX = Directional movement indicator (trend conviction)
RSI Mom. = How far RSI is from neutral 50 (momentum extreme)

Status Indicators:

🔥 STRONG = Momentum > 70 (strong move happening)
📈 BUILDING = Momentum 50-70 (gaining strength)
⚠️ WEAK = Momentum 30-50 (losing steam)
💤 STALLING = Momentum < 30 (very weak/choppy)

Background Tint:

Light green background = Strong momentum (>70)
Light red background = Very weak momentum (<30)

The key is: look for STRONG reversal labels when momentum is building/strong for the best trade setups! Also this is mainly for the 4hr time frame.