Label Toggle
Added the ability to turn the bullish/bearish labels on or off for better viewing on the mobile app or for users who don't want the labels displayed.
What Changed
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Added on/off toggle for the bullish/bearish labels
The Momentum With Trend Label is a zero-line oscillator for TradingView that paints green when momentum is bullish and red when bearish. A real-time label shows current direction at a glance, and a purple warning label fires before a full zero-line cross. Works on all markets and timeframes.
WHAT IT DOES
A clean momentum oscillator with instant-read labels and an early warning system for momentum direction changes.
The momentum line paints green when above the zero line (bullish) and red when below (bearish). This gives you an immediate visual read on momentum direction without having to interpret raw values.
A label on the right side updates in real time to show whether momentum is bullish or bearish, changing color to green or red. This was built specifically so you can glance at the label and understand momentum’s direction without analyzing the indicator data.
A second purple label appears when momentum is starting to change direction, even before it crosses the zero line. When momentum is above zero (bullish) but trending downward, the purple label warns you that momentum is weakening. When momentum is below zero (bearish) but trending upward, it warns you that selling pressure is fading. This gives you an early heads-up before a full trend change.
The labels can be turned on or off in the settings for better viewing on the mobile app or if you prefer a cleaner display.
INTERPRETATION GUIDE
Use the green and red labels as your primary trend direction. When momentum is green, look for entries in the bullish direction. When red, look for entries in the bearish direction. When the purple label appears, it’s a signal to pay attention, momentum is starting to shift. Tighten stops or prepare for a potential reversal, but don’t exit until the main label changes color.
CONFIGURATION
The indicator has a minimal set of options.
GOOD TO KNOW
FREE ON TRADINGVIEW
Add it to your TradingView charts and start reading momentum direction at a glance today. No subscription required.
COMMON QUESTIONS
CHANGELOG
Added the ability to turn the bullish/bearish labels on or off for better viewing on the mobile app or for users who don't want the labels displayed.
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