OPEN-SOURCE SCRIPT
Advisor CORE + MOMENTUM (Weekly) - ROC/EMA

📊 Advisor CORE + Momentum (Weekly)
This indicator provides a rule-based market diagnosis by clearly separating long-term structure from entry timing, following a CANSLIM-consistent logic.
It is designed to answer what is allowed right now, not to generate automatic trade signals.
🔹 CORE — Structural Context
The CORE layer evaluates trend and market cycle, independent of entry timing:
Weekly price relative to a long-term EMA
Long-term Rate of Change (ROC)
It identifies whether the asset’s primary structure is intact, weakening, or deteriorating.
Typical outputs:
CORE: BUY / HOLD → structure and cycle intact
CORE: HOLD → structure alive, under pressure
CORE: REDUCE → structural deterioration
🔹 MOMENTUM — CANSLIM Timing Logic
The MOMENTUM layer applies strict CANSLIM entry rules, clearly separating structure from timing:
BUY
Price above the short-term EMA
Short-term EMA above the long-term EMA
Long-term EMA rising
HOLD / WAIT
Structure intact, but price below the short-term EMA
NO OPERATE
Price below the long-term EMA or structural conditions failing
This ensures that no BUY condition is allowed without valid timing, even if the broader trend remains positive.
🔗 Combined Use
This indicator is designed to be used together with:
ROC Triple (13 / 26 / 52)
The ROC Triple provides visual momentum context, while the Advisor converts structure and timing into clear, rule-based guidance.
⚠️ Important Notes
This is not a signal generator.
It does not define entries, exits, or position size.
Recommendations are contextual, not predictive.
The objective is to standardize market reading, avoid mixed signals, and enforce discipline between structure and timing.
This indicator provides a rule-based market diagnosis by clearly separating long-term structure from entry timing, following a CANSLIM-consistent logic.
It is designed to answer what is allowed right now, not to generate automatic trade signals.
🔹 CORE — Structural Context
The CORE layer evaluates trend and market cycle, independent of entry timing:
Weekly price relative to a long-term EMA
Long-term Rate of Change (ROC)
It identifies whether the asset’s primary structure is intact, weakening, or deteriorating.
Typical outputs:
CORE: BUY / HOLD → structure and cycle intact
CORE: HOLD → structure alive, under pressure
CORE: REDUCE → structural deterioration
🔹 MOMENTUM — CANSLIM Timing Logic
The MOMENTUM layer applies strict CANSLIM entry rules, clearly separating structure from timing:
BUY
Price above the short-term EMA
Short-term EMA above the long-term EMA
Long-term EMA rising
HOLD / WAIT
Structure intact, but price below the short-term EMA
NO OPERATE
Price below the long-term EMA or structural conditions failing
This ensures that no BUY condition is allowed without valid timing, even if the broader trend remains positive.
🔗 Combined Use
This indicator is designed to be used together with:
ROC Triple (13 / 26 / 52)
The ROC Triple provides visual momentum context, while the Advisor converts structure and timing into clear, rule-based guidance.
⚠️ Important Notes
This is not a signal generator.
It does not define entries, exits, or position size.
Recommendations are contextual, not predictive.
The objective is to standardize market reading, avoid mixed signals, and enforce discipline between structure and timing.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.