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Trend Magic, Squeeze Momentum, and Cumulative Delta Trend Signals

Article TradingView scripts

Summary

This strategy combines three directional filters: Trend Magic, a Squeeze Momentum calculation, and cumulative delta volume. Long signals require price and CCI conditions to align with positive momentum and rising delta; short signals apply corresponding bearish conditions. Each component must remain in its direction for a configurable lookback period before it qualifies. The script also offers Heikin Ashi price inputs, a crypto setting that adjusts the Trend Magic threshold, an optional ADX strength filter, and backtest-period controls.

The supplied text includes indicator calculations and a dashboard that displays trading statistics, but it does not provide completed performance results or identify a tested market and timeframe. The source is truncated, so the full order-entry and exit rules cannot be assessed from this excerpt. Cumulative delta here is estimated from bar volume and candle direction, which is a proxy rather than direct trade-side data; this can limit its interpretation.

Key ideas

  • Long and short signals require agreement across Trend Magic, Squeeze Momentum, and cumulative delta conditions.
  • Each indicator’s direction must persist for a configurable number of bars.
  • An ADX threshold filter is available but optional.
  • The cumulative delta estimate derives directional volume from candle data.
  • The source excerpt is incomplete and does not establish strategy performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.