Xhmaster Formula Indicator -
// Trend Direction trend_up = close > atl trend_down = close < atl
// Normalized Momentum Oscillator (NMO) period_mom = 14 price_change = close - close[period_mom] mean_change = ta.sma(price_change, period_mom) std_change = ta.stdev(price_change, period_mom) nmo_raw = (price_change - mean_change) / std_change nmo = (nmo_raw + 3) / 6 * 100 Xhmaster Formula Indicator
[ Signal = \fracNMO + 36 \times 100 ]
When used correctly, the Xhmaster eliminates the need for a messy dashboard of 10 separate indicators. One chart, one formula, one decision. // Trend Direction trend_up = close > atl
The gray neutral zone is not noise—it's a warning. Forcing trades during neutral conditions is the #1 cause of drawdowns with this indicator. atl trend_down = close <