OPEN-SOURCE SCRIPT
Meridian v2
A comprehensive multi-timeframe trading system that combines statistical volatility levels, dynamic price ranges, momentum-based signals, and precision entry/exit zones.
Key Features:
StdDev Levels: Displays standard deviation bands from higher timeframes (4H, 1H default) to identify key support/resistance zones based on price volatility
Trading Ranges: Automatically plots dynamic support/resistance ranges using ATR calculations with adaptive zone fills
ZScore Momentum: Colors candles based on normalized price momentum relative to moving average, highlighting bullish/bearish conditions
60 Tick Lines: Draws horizontal lines at precise tick distances above/below current price for scalping entries
EMA System: Dual EMA crossover signals with optional volume confirmation and visual ribbon display
Trade Signals: Diamond markers for range breakout entries, triangle markers for EMA crossovers
Perfect for multi-timeframe analysis combining volatility structure, momentum, and precise price levels for confluence-based trading decisions.
Key Features:
StdDev Levels: Displays standard deviation bands from higher timeframes (4H, 1H default) to identify key support/resistance zones based on price volatility
Trading Ranges: Automatically plots dynamic support/resistance ranges using ATR calculations with adaptive zone fills
ZScore Momentum: Colors candles based on normalized price momentum relative to moving average, highlighting bullish/bearish conditions
60 Tick Lines: Draws horizontal lines at precise tick distances above/below current price for scalping entries
EMA System: Dual EMA crossover signals with optional volume confirmation and visual ribbon display
Trade Signals: Diamond markers for range breakout entries, triangle markers for EMA crossovers
Perfect for multi-timeframe analysis combining volatility structure, momentum, and precise price levels for confluence-based trading decisions.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.