Hydra Momentum
Hydra Momentum is a two-engine momentum framework packed into one indicator:
Directional engine: a composite oscillator that blends well-known tools (RSI, MFI, MACD, CCI, TSI, RVI, Stoch %K, Williams %R, ROC, Momentum, CMO). They’re normalized and averaged into one line—the Directional Jumper—so you can read bullish/bearish pressure at a glance.
Nondirectional engine: a separate “market quality” gauge built from ATR, ADX, Linear Regression strength, and absolute correlation. It doesn’t tell you direction—it tells you whether conditions are strong/clean enough to matter.
The main line sits around −1…+1. The band is shaded for context, and the line uses a gradient (orange → purple → blue) to hint at acceleration. Moves beyond ±1 mark potential extremes; background and gradient fills emphasize those zones. You can optionally plot a moving average of the oscillator for crossover logic. Regular bullish/bearish divergences are auto-labeled, with an optional filter to only show higher-probability cases (when the oscillator’s pivot was outside ±1).
Bottom line: Hydra helps answer two questions—“Which way?” (Directional) and “Is this worth trading?” (Nondirectional).
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