Multi timeframe momentum pipe
A 0 to 10 score for how strongly averages, momentum and streaks agree; flat at 4 on default SPY wiring.
The indicator adds points from four checks on each bar, giving a whole-number score from 0 to 10. It gives up to 3 for price stacked in order above or below its fast, mid and slow averages, up to 3 for momentum from three rates of change, up to 2 for price 1 to 4 percent away from those averages, and up to 2 for the last five bars sharing one trend state. Despite the name, it reads one price series; its timeframes are whichever averages and rates of change are wired in.
How to read it
- The line sits in its own pane below the price, in whole steps from 0 to 10.
- Read it as strength, not direction: a bearish stack of averages earns the same average points as a bullish one.
- Scores of 8 to 10 need a rising momentum run, since the other three checks top out at 7 together.
- With default wiring on the SPY sample it held at 4 on nearly every bar, because the averages and rates of change all read the raw close.
What it outputs
- Alignment score
- Whole-number score from 0 to 10: up to 3 for average order, up to 3 for rising momentum, up to 2 for distance from the averages, and up to 2 for a five-bar trend streak.
Pitfalls
- Default wiring feeds the raw close into all six averaging and momentum inputs, so the score sits at 4 on nearly every SPY bar. Wire real averages and rates of change before reading it.
- It is direction-blind except for momentum: a bearish average stack scores like a bullish one, but only rising rates of change add points, so a sell-off tops out at 7 and a rally at 10.
- The cut-offs are fixed, not scaled to volatility: the top gap points need price over 4 percent from the slow average, more than the whole SPY sample range of about 3.4 percent (749.79 to 775.02).