Kernel Momentum

Question 1: What is Kernel Momentum?

A momentum tool that draws smooth 'zones' showing whether price is cheap or expensive versus its recent range, plus signals showing which way momentum is pushing - so you see position and direction together.

Question 2: How do I read the zones?

Outer zones mark 'too expensive' (top) and 'too cheap' (bottom). The best buy is a bullish momentum signal while price is in the lower (cheap) zone; the best sell is a bearish signal from the upper (expensive) zone.

Question 3: What signals does it give?

Bullish/bearish momentum turns, 'Overly' bullish/bearish (an extra-strong reading), and momentum crosses. The 'overly' ones can also factor in volume.

Question 4: What are the key settings?

The lengths for the zones, the smoothing, how the smooth line is calculated, and a volume filter.

Question 5: Any caveat?

The smoothing makes it slightly slow, and the 'overly' tags can fire a bit early before a turn - so use the zone (cheap/expensive) as context and wait for the actual momentum signal.