Quantum Flow Scanner

Overview

The Quantum Flow Scanner is a comprehensive technical analysis indicator that combines trend detection, momentum analysis, and dynamic band systems to identify potential market opportunities. This indicator uses advanced filtering techniques and multi-factor detection strength calculations to help traders make informed decisions.

Key Features

Trend Detection System

• Dual-period momentum analysis (Fast/Slow periods configurable)
  
• Pattern recognition engine that analyzes recent price movements
  
• Normalized momentum calculations adjusted for volatility
  
• Bull and Bear detection generation based on trend changes
  

Dynamic Band System

• Adaptive bands that adjust to market volatility using ATR (Average True Range)
  
• Customizable band width and distance multipliers
  
• Optional midline, upper band, and lower band displays
  
• Visual channel fill options for enhanced clarity
  
• Background color coding for trend direction
  

Detection Strength Rating

• Multi-factor detection strength calculation (25-92% range)
  
• Considers volatility, momentum, trend duration, and volume
  
• Higher timeframe alignment analysis
  
• Swing position evaluation
  
• Real-time percentage display on detections
  

Performance Tracking

• Live performance statistics table
  
• Total detections counter
  
• Successful detections vs unsuccessful detections tracking based on configurable stop loss and take profit levels
  
• Success rate percentage calculation
  
• Average detection strength monitoring
  

How It Works

The indicator employs a sophisticated filtering mechanism based on pole-zero placement algorithms to smooth price data and calculate dynamic bands. When price crosses these bands in conjunction with momentum shifts, the indicator generates Bull or Bear detections.
Detection strength is calculated using eight weighted factors:

• Market volatility assessment
  
• Momentum cluster analysis
  
• Distance from dynamic midline
  
• Trend consistency duration
  
• Higher timeframe trend alignment
  
• Volume profile analysis
  
• Candle strength evaluation
  
• Swing position context
  

Configuration Options

Period Settings:

• Fast Period (1-200): Controls short-term momentum sensitivity
  
• Slow Period (1-500): Defines longer-term trend context
  
• Pattern Recognition Length (5-50): Sets momentum analysis window
  

Sensitivity Controls:

• Distance Multiplier (1.0-10.0): Adjusts band width relative to volatility
  
• Cluster Size (1-15): Number of bars analyzed for momentum clustering
  

Display Options:

• Customizable detection colors
  
• Optional detection markers and percentage labels
  
• Dynamic band visibility toggles
  
• Channel fill options
  
• Background color coding
  

Performance Tracking:

• Configurable stop loss and take profit levels (in points)
  
• Optional performance statistics table
  
• Success rate monitoring
  

Use Cases

This indicator is designed for:

• Trend identification across multiple timeframes
  
• Entry and exit timing optimization
  
• Market volatility assessment
  
• Detection quality evaluation through strength ratings
  
• Strategy performance tracking
  

Important Notes

• This indicator is for educational and informational purposes only
  
• Past performance does not guarantee future results
  
• Always use proper risk management and position sizing
  
• Detections should be used as part of a comprehensive trading strategy
  
• Test thoroughly on historical data before live trading
  
• No indicator is 100% accurate; losses are part of trading