MADD Monkey Pro DMCx Directional Momentum and Confluence Engine

Madd Monkey Pro DMCx is a bias and momentum indicator that helps intraday traders read short-term direction and the strength of current moves. It is designed to provide structured context so you can decide when conditions support your ideas and when they do not.

Purpose
DMCx is built to help you answer:

1. What is the current directional bias on this chart?
   
2. Is momentum supporting that direction or fading?
   
3. Does the current environment meet the confluence conditions you have defined?
   

Core components (high-level logic)
DMCx combines several elements:

• Directional engine – evaluates recent price behavior to classify conditions as bullish, bearish or neutral.
  
• Momentum and volatility engine – distinguishes between stronger impulsive moves and slower or less convincing movement.
  
• Confluence layer – optional filters requiring agreement between direction, momentum and other conditions before highlighting a setup.
  
• Signal quality tagging – internal tagging that lets you treat some conditions as higher or lower quality, depending on your configuration.
  

These components are presented through chart markers and a compact status panel summarizing the current bias and momentum state.

Key features

• Clear bias / regime read to show whether price is trending up, trending down or in more neutral conditions.
  
• Momentum and volatility context to help distinguish between strong pushes and weaker phases.
  
• Optional confluence filters so only aligned conditions are highlighted.
  
• A status panel that provides a high-level snapshot of bias, momentum and simple tallies based on how you interpret the output.
  
• Modular controls allowing you to toggle key visuals (signals, labels, panel) on or off to match your preferred chart layout.
  

Suggested usage
Symbols and timeframes: Can be used on XAUUSD, FX pairs, indices and other liquid instruments. Intraday frames like 15m, 5m or 1h are common use cases, but you may explore higher or lower timeframes according to your own testing.
Define your higher timeframe bias and important price levels using your own methods.
Use DMCx to check:

• Whether short-term direction is aligned with your idea.
  
• Whether momentum supports that view or suggests caution.
  

Consider taking trades only when your setup and the DMCx context agree, and you have clear rules for entry, stop loss and target.
Treat the readings as context, not as standalone entry or exit signals.

Notes and limitations

• DMCx does not repaint closed bars, but its bias and momentum states update as new data appears. This is normal for any real-time context tool.
  
• Any performance-style interpretation of the output depends completely on how you choose to use it. The script does not guarantee results.
  

Risk disclaimer
This script is provided for informational and educational purposes only. It does not constitute financial advice, investment advice or a solicitation to buy or sell any financial instrument. Trading and investing in financial markets involve significant risk, and you can lose more than your initial investment. Past performance and historical behavior do not guarantee future results.

By using Madd Monkey Pro DMCx, you accept full responsibility for your own trading decisions and outcomes. The author is not liable for any loss or damage arising from the use of this script.