Index Hunter: Momentum Analysis for US30 & NAS100

Index Hunter is engineered to analyze the point velocity of indices like Dow Jones (US30) and Nasdaq (NAS100). It focuses on identifying high-momentum conditions versus low-volatility consolidation.

Core Technical Mechanics:

1. Time-Based Logic Recognizing session characteristics, the indicator uses time filters:

• NY Open Logic (14:30 - 17:00 UTC): Increases signal sensitivity by 1.5x during the New York opening hours to align with higher market activity.
• Momentum Logic: Outside of open hours, the algorithm utilizes EMA(14) slope confirmation to identify trending conditions.

2. Volatility-Adjusted Bias Targets are calculated dynamically based on market range:

• ATR Calibration: Potential targets are displayed at CurrentPrice + (ATR(14) * 0.5) and CurrentPrice + (ATR(14) * 1.5).
• Result: This allows the visual levels to expand or contract based on whether the market is slow or volatile.

3. Vector Visualization

• Fast Reaction: The Slope calculation uses a 14-period window to reflect rapid price changes.
• 4-Step Projection: Draws a line projecting the current slope 4 bars into the future (e.g., 4 minutes on M1), helping visualize the immediate momentum vector.

4. Capital & Volatility Monitor

• Point-Value Calculation: Calculates the currency value of a 1-point move for the specific index contract.
• Endurance Metric: Displays a calculation of account range vs. current volatility, providing a visual reference for position sizing relative to market movement.

5. Technical Strategies

• NY Open Hunter: Prioritizes Slope > 0.15 during the first 90 minutes of the session.
• Reversal Matrix: Monitors for divergence conditions where price approaches R3/S3 Pivot levels while momentum decreases.