OPEN-SOURCE SCRIPT
Actualizado Institutional Momentum Scanner [IMS]

Institutional Momentum Scanner [IMS] - Professional Momentum Detection System
Hunt explosive price movements like the professionals. IMS identifies maximum momentum displacement within 10-bar windows, revealing where institutional money commits to directional moves.
KEY FEATURES:
▪ Scans for strongest momentum in rolling 10-bar windows (institutional accumulation period)
▪ Adaptive filtering reduces false signals using efficiency ratio technology
▪ Three clear states: LONG (green), SHORT (red), WAIT (gray)
▪ Dynamic volatility-adjusted thresholds (8% ATR-scaled)
▪ Visual momentum flow with glow effects for signal strength
BASED ON:
- Pocket Pivot concept (O'Neil/Morales) applied to price momentum
- Adaptive Moving Average principles (Kaufman KAMA)
- Market Wizards momentum philosophy
- Institutional order flow patterns (5-day verification window)
HOW IT WORKS:
The scanner finds the maximum price displacement in each 10-bar window - where the market showed its hand. An adaptive filter (5-bar regression) separates real moves from noise. When momentum exceeds the volatility-adjusted threshold, states change.
IDEAL FOR:
- Momentum traders seeking explosive moves
- Swing traders (especially 4H timeframe)
- Position traders wanting institutional footprints
- Anyone tired of false breakout signals
Default parameters (10,5) optimized for 4H charts but adaptable to any timeframe. Remember: The market rewards patience and punishes heroes. Wait for clear signals.
"The market is honest. Are you?"
Hunt explosive price movements like the professionals. IMS identifies maximum momentum displacement within 10-bar windows, revealing where institutional money commits to directional moves.
KEY FEATURES:
▪ Scans for strongest momentum in rolling 10-bar windows (institutional accumulation period)
▪ Adaptive filtering reduces false signals using efficiency ratio technology
▪ Three clear states: LONG (green), SHORT (red), WAIT (gray)
▪ Dynamic volatility-adjusted thresholds (8% ATR-scaled)
▪ Visual momentum flow with glow effects for signal strength
BASED ON:
- Pocket Pivot concept (O'Neil/Morales) applied to price momentum
- Adaptive Moving Average principles (Kaufman KAMA)
- Market Wizards momentum philosophy
- Institutional order flow patterns (5-day verification window)
HOW IT WORKS:
The scanner finds the maximum price displacement in each 10-bar window - where the market showed its hand. An adaptive filter (5-bar regression) separates real moves from noise. When momentum exceeds the volatility-adjusted threshold, states change.
IDEAL FOR:
- Momentum traders seeking explosive moves
- Swing traders (especially 4H timeframe)
- Position traders wanting institutional footprints
- Anyone tired of false breakout signals
Default parameters (10,5) optimized for 4H charts but adaptable to any timeframe. Remember: The market rewards patience and punishes heroes. Wait for clear signals.
"The market is honest. Are you?"
Notas de prensa
Institutional Momentum Scanner [IMS] - Professional Momentum Detection SystemHunt explosive price movements like the professionals. IMS identifies maximum momentum displacement within 10-bar windows, revealing where institutional money commits to directional moves.
KEY FEATURES:
▪ Scans for strongest momentum in rolling 10-bar windows (institutional accumulation period)
▪ Adaptive filtering reduces false signals using efficiency ratio technology
▪ Three clear states: LONG (green), SHORT (red), WAIT (gray)
▪ Dynamic volatility-adjusted thresholds (8% ATR-scaled)
▪ Visual momentum flow with glow effects for signal strength
BASED ON:
- Pocket Pivot concept (O'Neil/Morales) applied to price momentum
- Adaptive Moving Average principles (Kaufman KAMA)
- Market Wizards momentum philosophy
- Institutional order flow patterns (5-day verification window)
HOW IT WORKS:
The scanner finds the maximum price displacement in each 10-bar window - where the market showed its hand. An adaptive filter (5-bar regression) separates real moves from noise. When momentum exceeds the volatility-adjusted threshold, states change.
IDEAL FOR:
- Momentum traders seeking explosive moves
- Swing traders (especially 4H timeframe)
- Position traders wanting institutional footprints
- Anyone tired of false breakout signals
Default parameters (10,5) optimized for 4H charts but adaptable to any timeframe. Remember: The market rewards patience and punishes heroes. Wait for clear signals.
"The market is honest. Are you?"
Notas de prensa
Finds the biggest price move in the last 10 bars. Smooths it. Compares to a threshold.Green line above threshold = long signal
Red line below threshold = short signal
Gray line near zero = wait
That's it.
The 10-bar window catches institutional moves. The adaptive smoothing reduces whipsaws. The threshold scales with volatility so it works across different market conditions.
Works on any timeframe. Default settings (10,5) are solid - don't overthink it.
Not magic. Just momentum made visible.
Notas de prensa
Finds the biggest price move in the last 10 bars. Smooths it. Compares to a threshold.Green line above threshold = long signal
Red line below threshold = short signal
Gray line near zero = wait
That's it.
The 10-bar window catches institutional moves. The adaptive smoothing reduces whipsaws. The threshold scales with volatility so it works across different market conditions.
Works on any timeframe. Default settings (10,5) are solid - don't overthink it.
Not magic. Just momentum made visible.
Notas de prensa
## Release Notes: Institutional Momentum Scanner [IMS]### 🔧 Technical Improvements
- **Fixed AMA calculation** - Now properly implements Kaufman's adaptive concept
- **Resolved na propagation issues** - Added safeguards throughout signal chain
- **Enhanced state machine robustness** - Crossover signals now check for na values
- **Improved efficiency ratio formula** - Now correctly calculates net price movement
### 📝 Documentation Updates
- **Corrected factual errors** - Market structure calculations, Renaissance returns (39% net)
- **Updated trader references** - PTJ meditates, removed inactive CTAs
- **Refined technical claims** - Removed incorrect Kelly criterion reference
- **Streamlined philosophical sections** - Removed off-topic quotes while preserving spirit
### 🎯 Key Fixes
- Division by zero protection in efficiency ratio
- Proper na handling in momentum scanner
- Corrected historical references and data
### 💡 Unchanged
- Visual appearance and signal positioning
- Core momentum detection logic
- 10/5 default parameters
- Three-state system (Long/Short/Wait)
- Epic trading philosophy and pit wisdom
**The patterns belong to no one and everyone.**
Notas de prensa
Release Notes: Institutional Momentum Scanner [IMS] UpdateRestored Original Efficiency Ratio
- Reverted to price-adaptive filtering formula from alpha version
- Dramatically reduces false signals and noise
- Higher asset prices now create stronger smoothing (intentional feature)
Result
- Fewer, cleaner signals
- Better suited for high-value assets (BTC, indices)
- Maintains signal quality from original vision
The patterns belong to no one and everyone.
Notas de prensa
What Changed:Restored original momentum calculation from initial release
Reverted efficiency ratio to classic formula
Brought back original smoothing behavior
Why:
Recent "improvements" actually made signals worse
Original version had better signal quality
Community feedback confirmed alpha version superiority
Result:
Cleaner, more reliable signals
Fewer false breakouts
Better performance on commodities (especially Gold/Silver)
Original 10/5 parameters now work as intended
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.