Momentum Volatility Oscillator - Indicator for Sierra Chart

Elevate your trading with a precision-engineered momentum volatility tool, designed for traders who demand clarity, speed, and actionable signals. Fully coded in native ACSIL, this oscillator delivers high-performance momentum analysis, ideal for intraday, swing, and scalping strategies.

🔍 How It Works

The Momentum Volatility Oscillator combines trend momentum and volatility measurement to provide a clear, real-time understanding of market strength:

• Trend Detection – Measures recent price movement differences to identify short-term and medium-term momentum shifts.
• Volatility Engine – Uses deviation bands to quantify market expansion.
• Volatility Multiplier – Amplifies momentum signals based on the volatility range, creating a dynamic measure of market power.
• Directional Signal Filtering – Separates weak and strong bullish/bearish momentum, enabling objective trend assessment.
• Real-Time Bar Coloring – Visualizes momentum intensity on your chart for instant context.

The result is a premium momentum oscillator that highlights both the strength and direction of price movement with crystal-clear visuals.

📊 Visual Momentum Analysis

This study is built for clarity and instant interpretation:

• Bullish Signal Bars – Standard upward momentum detection
• Bullish Strong Bars – Explosive upward momentum above volatility threshold
• Bearish Signal Bars – Standard downward momentum detection
• Bearish Strong Bars – Explosive downward momentum below volatility threshold
• Threshold Line – Dynamic volatility baseline for explosion detection

Color-Coding Logic:

• Bright Blue – Standard bullish momentum building
• Bright Green – Strong bullish momentum above threshold
• Orange – Standard bearish momentum building
• Magenta – Strong bearish momentum below threshold
• Gold Line – Dynamic volatility explosion threshold

⚙️ Core Features

✅ Dynamic Volatility Thresholds – Automatically adjusts to market expansion and contraction
✅ Weak/Strong Signal Separation – Quickly identify high-probability momentum opportunities
✅ Bar Color Overlays – Instantly highlight bullish and bearish pressure on the chart
✅ Compatible with Any Chart Type – Tick, Range, Renko, Volume, or Time-based charts
✅ Fully Optimized ACSIL Code – High-performance execution, minimal CPU load
✅ Works on All Liquid Instruments – ES, NQ, CL, GC, 6E, and more

🧠 Who It's For

• Trend Traders – Quickly confirm momentum in trending markets
• Swing Traders – Identify medium-term directional bias and strength
• Scalpers – Spot strong momentum bursts for high-probability entries
• Technical Analysts – Gain clarity on price action with volatility-adjusted momentum

Whether you trade breakouts, trend continuations, or reversals, this oscillator provides a quantitative and visually intuitive edge.

🎯 Trading Applications

• Trend Confirmation – Validate bullish or bearish momentum against volatility levels
• Momentum Strength Assessment – Identify strong vs weak moves in real time
• Entry/Exit Timing – Use zero or threshold crossovers for precision entries
• Volatility-Aware Signals – Avoid false breakouts in low-volatility conditions

📁 Included Files

• MomoVolatility_64.dll – Ready-to-use compiled study for Sierra Chart

🔧 Installation Instructions

1. Copy the .dll file into your SierraChart\Data folder
2. Open Sierra Chart → Analysis → Studies
3. Click Add Custom Study
4. Locate Momentum Volatility Oscillator and add it to your chart

⚠️ Disclaimer:
This indicator is not a standalone trading system. It provides objective, mathematically-based momentum insights to help traders evaluate trend strength and potential turning points. Proper testing and integration with your own methodology are recommended.