MomentumRadar v1

MomentumRadar v1

Momentum Radar v1 — Multi-Asset Momentum Scanner

Momentum Radar FREE is a real-time momentum scanner that monitors 8 major forex pairs simultaneously on a single dashboard. It calculates a composite momentum score for each pair and displays currency strength — helping you quickly identify which pairs are moving and in which direction.

Monitored Pairs

EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, NZDUSD, XAUUSD (Gold), EURJPY

Features

Momentum Score Dashboard
Each pair displays a composite momentum score (0-100) calculated from RSI, Momentum indicator, ATR ratio, and tick volume. Scores update in real-time and are color-coded for quick visual scanning.

Currency Strength
Track 9 currencies (USD, EUR, GBP, JPY, AUD, CAD, NZD, CHF, XAU) with visual strength bars showing relative positioning.

Session Indicator
See which trading sessions (Sydney, Tokyo, London, New York) are currently active.

Momentum Delta
Track the change in momentum over the selected lookback period with directional arrows and percentage values.

Signal Labels
Pairs are labeled STRONG (momentum above 70) or WEAK (momentum below 30) with colored badges for quick identification.

Top Movers
See the pairs with the largest momentum changes in the current session.

One-Click Chart Switching
Click any pair in the table to instantly switch your chart to that symbol.

Interactive Controls

• TF buttons (M15 / H1 / H4 / D1) — switch analysis timeframe with recalculation
• Sort buttons (MOM / DELTA / VOL) — reorder the table by different criteria
• Keyboard shortcuts: S = cycle sort, T = cycle timeframe, R = refresh

Display

• 3 color themes: Dark, Midnight Blue, Light
• Configurable dashboard position
• Automatic broker symbol detection (prefix/suffix)

Technical Details

• Lightweight: calculates only the last 500 bars
• Pre-initialized indicator handles
• SmartFind engine for automatic broker symbol name resolution
• Works on any chart — monitors all 8 pairs regardless of chart symbol

PRO Version

The PRO version extends the scanner with:

• 28 forex pairs + custom indices and crypto symbols
• Spike Detection with automatic alerts
• Smart Pair Finder (strongest vs weakest currency)
• MTF Heatmap (M15/H1/H4/D1 color matrix)
• Momentum Acceleration tracking
• Momentum/Price Divergence detection
• Currency Strength Delta (change tracking)
• Full alert system: Popup, Sound, Push, Email, Telegram
• Hysteresis alert protection
• Alerts Config panel

Installation

1. Copy the MomentumRadar folder to MQL5/Indicators/
2. Compile MomentumRadar_Free.mq5
3. Drag onto any chart