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Bands and Channels

RESHAIndicator Name: RESHA – Static Price Levels Description: The RESHA indicator is a simple tool that allows traders to manually define multiple horizontal price levels on the chart. These levels are displayed as horizontal lines, each extending a customizable number of candles forward. Traders can input a comma-separated list of prices, which are then plotted automatically on the chart. Features: 📍 Custom input box for price levels (comma-separated). 📏 Adjustable line length in bars. Visual price labels at the end of each level. Clean and minimalistic design, perfect for support/resistance zones or static analysis. This tool is ideal for traders who want to keep key price zones visible at all times without relying on dynamic calculations or automated indicators.
Pine Script® indicator
by iqfxl
1
Dynamic Volatility EnvelopeDynamic Volatility Envelope: Indicator Overview The Dynamic Volatility Envelope is an advanced, multi-faceted technical indicator designed to provide a comprehensive view of market trends, volatility, and potential future price movements. It centers around a customizable linear regression line, enveloped by dynamically adjusting volatility bands. The indicator offers rich visual feedback through gradient coloring, candle heatmaps, a background volatility pulse, and an on-chart trend strength meter. Core Calculation Mechanism Linear Regression Core : -A central linear regression line is calculated based on a user-defined source (e.g., close, hl2) and lookback period. -The regression line can be optionally smoothed using an Exponential Moving Average (EMA) to reduce noise. -The slope of this regression line is continuously calculated to determine the current trend direction and strength. Volatility Channel : -Dynamic bands are plotted above and below a central basis line. This basis is typically the calculated regression line but shifts to an EMA in Keltner mode. -The width of these bands is determined by market volatility, using one of three user-selectable modes: ATR Mode : Bandwidth is a multiple of the Average True Range (ATR). Standard Deviation Mode : Bandwidth is a multiple of the Standard Deviation of the source data. Keltner Mode (EMA-based ATR) : ATR-based bands are plotted around a central Keltner EMA line, offering a smoother channel. The channel helps identify dynamic support and resistance levels and assess market volatility. Future Projection : The indicator can project the current regression line and its associated volatility bands into the future for a user-defined number of bars. This provides a visual guide for potential future price pathways based on current trend and volatility characteristics. Candle Heatmap Coloring : -Candle bodies and/or wicks/borders can be colored based on the price's position within the upper and lower volatility bands. -Colors transition in a gradient from bearish (when price is near the lower band) through neutral (mid-channel) to bullish (when price is near the upper band), providing an intuitive visual cue of price action relative to the dynamic envelope. Background Volatility Pulse : The chart background color can be set to dynamically shift based on a ratio of short-term to long-term ATR. This creates a "pulse" effect, where the background subtly changes color to indicate rising or falling market volatility. Trend Strength Meter : An on-chart text label displays the current trend status (e.g., "Strong Bullish", "Neutral", "Bearish") based on the calculated slope of the regression line relative to user-defined thresholds for normal and strong trends. Key Features & Components -Dynamic Linear Regression Line: Core trend indicator with optional smoothing and slope-based gradient coloring. -Multi-Mode Volatility Channel: Choose between ATR, Standard Deviation, or Keltner (EMA-based ATR) calculations for band width. -Customizable Vertical Gradient Channel Fills: Visually distinct fills for upper and lower channel segments with user-defined top/bottom colors and gradient spread. -Future Projection: Extrapolates regression line and volatility bands to forecast potential price paths. -Price-Action Based Candle Heatmap: Intuitive candle coloring based on position within the volatility channel, with adjustable gradient midpoint. -Volatility-Reactive Background Gradient: Subtle background color shifts to reflect changes in market volatility. -On-Chart Trend Strength Meter: Clear textual display of current trend direction and strength. -Extensive Visual Customization: Fine-tune colors, line styles, widths, and gradient aggressiveness for most visual elements. -Comprehensive Tooltips: Detailed explanations for every input setting, ensuring ease of use and understanding. Visual Elements Explained Regression Line : The primary trend line. Its color dynamically changes (e.g., green for uptrend, red-pink for downtrend, neutral for flat) based on its slope, with smooth gradient transitions. Volatility Channel : Upper & Lower Bands : These lines form the outer boundaries of the envelope, acting as dynamic support and resistance levels. Channel Fill : The area between the band center and the outer bands is filled with a vertical gradient. For example, the upper band fill might transition from a darker green near the center to a lighter green at the upper band. Band Borders : The lines outlining the upper and lower bands, with customizable color and width. Future Projection Lines & Fill : Projected Regression Line : An extension of the current regression line into the future, typically styled differently (e.g., dashed). Projected Channel Bands : Extensions of the upper and lower volatility bands. Projected Area Fill : A semi-transparent fill between the projected upper and lower bands. Candle Heatmap Coloring : When enabled, candles are colored based on their closing price's relative position within the channel. Bullish colors appear when price is in the upper part of the channel, bearish in the lower, and neutral in the middle. Users can choose to color the entire candle body or just the wicks and borders. Background Volatility Pulse : The chart's background color subtly shifts (e.g., between a calm green and an agitated red-pink) to reflect the current volatility regime. Trend Strength Meter : A text label (e.g., "TREND: STRONG BULLISH") positioned on the chart, providing an at-a-glance summary of the trend. Configuration Options Users can tailor the indicator extensively via the settings panel, with options logically grouped: Core Analysis Engine : Adjust regression source data, lookback period, and EMA smoothing for the regression line. Regression Line Visuals : Control visibility, line width, trend-based colors (uptrend, downtrend, flat), slope thresholds for trend definition, strong slope multiplier (for Trend Meter), and color gradient sharpness. Volatility Channel Configuration : Select band calculation mode (ATR, StdDev, Keltner), set relevant periods and multipliers. Customize colors for vertical gradient fills (upper/lower, top/bottom), border line colors, widths, and the gradient spread factor for fills. Future Projection Configuration : Toggle visibility, set projection length (number of bars), line style, and colors for projected regression and band areas. Appearance & Candle Theme : Set default bull/bear candle colors, enable/disable candle heatmap, choose if body color matches heatmap, and configure heatmap gradient target colors (bull, neutral, bear) and the gradient's midpoint. Background Volatility Pulse : Enable/disable the background effect and configure short/long ATR periods for the volatility calculation. Trend Strength Meter : Enable/disable the meter, and choose its on-chart position and text size. Interpretation Notes -The Regression Line is the primary indicator of trend direction. Its slope and color provide immediate insight. -The Volatility Bands serve as dynamic support and resistance zones. Price approaching or touching these bands may indicate potential turning points or breakouts. The width of the channel itself reflects market volatility – widening suggests increasing volatility, while narrowing suggests consolidation. Future Projections are not predictions but rather an extension of current conditions. They can help visualize potential areas where price might interact with projected support/resistance if the current trend and volatility persist. Candle Heatmap Coloring offers a quick visual assessment of where price is trading within the dynamic envelope, highlighting strength or weakness relative to the channel. The Background Volatility Pulse gives a contextual feel for overall market agitation or calmness. This indicator is designed to be a comprehensive analytical tool. Its signals and visualizations are best used in conjunction with other technical analysis techniques, price action study, and robust risk management practices. It is not intended as a standalone trading system. Risk Disclaimer Trading and investing in financial markets involve substantial risk of loss and is not suitable for every investor. The Dynamic Volatility Envelope indicator is provided for analytical and educational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Past performance is not indicative of future results. Always use sound risk management practices and never trade with capital you cannot afford to lose. The developers assume no liability for any financial losses incurred based on the use of this indicator.
Pine Script® indicator
by sizzlinsoft
1
Vector Candles [v6 Optimized + EMA] Vector Candles represent an innovative technical analysis approach that transforms traditional candlestick charting by integrating volume dynamics, color-coded momentum, and multi-dimensional market insights. Unlike standard candlesticks that merely display price movement, Vector Candles encode additional market information through sophisticated color and volume algorithms. Key Features: -Dynamic Volume-Based Coloring: Candles change color based on trading volume intensity -Volume Categories: High Volume (Lime/Red): Significant market activity (200%+- Vol of Previous 10 Candles) Above Average Volume (Blue/Fuchsia): Moderate market momentum (150%+- Vol of Previous 10 Candles). Normal Volume (Gray Scales): Standard market conditions. Stopping Volume Candles - Typically Pinbar/Doji candles. Stops volume in the current direction of delivery & can help forecast impending reversals or end to the current trend. -Integrated EMA (Exponential Moving Average) Option: -Customizable EMA Length (Default: 50 periods) (I use 33) Configurable EMA Source (e.g., close price) Optional EMA Overlay for Trend Confirmation
Pine Script® indicator
by greggilford47
Relative Performance Spread**Relative Performance Spread Indicator – Overview** This indicator compares the **relative performance between two stocks** by normalizing their prices and calculating the **spread**, **area under the curve (AUC)**, or **normalized price ratio**. ### **How It Works** * **Input**: Select a second stock (`ticker2`) and a moving average window. * **Normalization**: Each stock is normalized by its own moving average → `norm = close / MA`. * **Spread**: The difference `spread = norm1 - norm2` reflects which stock is outperforming. * **AUC**: Cumulative spread over time shows prolonged dominance or underperformance. * **Bounds**: Bollinger-style bands are drawn around the spread to assess deviation extremes. ### **Usage** * **Plot Type Options**: * `"Spread"`: Spot outperformance; crossing bands may signal rotation. * `"AUC"`: Track long-term relative trend dominance. * `"Normalized"`: Directly compare scaled price movements. Use this tool for **pair trading**, **relative momentum**, or **rotation strategies**. It adapts well across assets with different price scales.
Pine Script® indicator
by gunnjac
ORB-HL1. Opening Range Detection Automatically calculates the high and low of the first 15 minutes after the selected session opens. Supported sessions: New York (Futures): 08:30–08:45 EST New York (Equities): 09:30–09:45 EST London: 03:00–03:15 GMT Asia: 19:00–19:15 JST Plots ORB high/low lines for the rest of the day. 2. Breakout Signals Highlights the first valid breakout above or below the ORB range on the: 5-minute timeframe 15-minute timeframe Green arrows = breakout up (long) Red arrows = breakout down (short) 3. 1-Minute Projection When a breakout is confirmed on a higher timeframe (5m or 15m), a projection label (e.g., "5m", "15m") appears on the 1-minute chart. Purple label = 5m breakout Teal label = 15m breakout Helps you confirm momentum in real time while on the 1-minute chart. 4. Trailing Stop System Uses ATR to create an adaptive trailing stop after breakout. Turns green when price is above stop (bullish), red when below (bearish). Optional Buy / Sell signal labels appear on crossover events. 5. Session High/Low Visualization Tracks and displays the previous session’s High and Low for: Tokyo London New York Lines extend into the current session to act as S/R reference. Labels like "NY High", "Asia Low" are placed at the end of each line. 6. Alerts Built-in alerts for: First 5m or 15m breakout (long/short) Trailing stop Buy/Sell crossover 7. Customization Options Turn session H/L lines on/off per session Customize projection visibility Adjust ATR period and sensitivity Set how far each session line extends using bar offsets
Pine Script® indicator
by UnknownPlayer_421
LGMM (flat buffers) — multivariate poly + latent statesLGMM POLYNOMIAL BANDS — DISCOVER THE MARKET’S HIDDEN STATES Overview Latent-Gaussian-Mixture-Models (LGMMs) view price action as a mix of several invisible regimes: trending up, drifting sideways, sudden volatility spikes, and so on. A Gaussian Mixture learns these states directly from data and outputs, for every bar, the probability that the market is in each state. This indicator feeds those probabilities into a rolling polynomial regression that draws a fair-value line, then builds adaptive upper and lower bands. Band width expands when recent residuals are large *and* when the state mix is uncertain, and contracts when price is calm or one regime clearly dominates. Crossing back into the band from below generates a buy flag; crossing back into the band from above generates a sell flag (or take-profit for longs). Key Inputs Price source – default is Close; you can choose HL2, OHLC4, etc. Training window (bars) – look-back length for every retrain. 252 bars (one trading year) is a balanced default for US stocks on daily timeframe. Use fewer bars for intraday charts (say 7*24=168 for 1H bars on crypto), more for weekly periods. Polynomial degree – 1 for a straight trend line, 2 for a curved fit. Curved fits are better when the symbol shows persistent drift. Hidden states K – number of regimes the mixture tracks (1 to 3). Three states often map well to up-trend, chop, down-trend. Band width ×σ – multiplier on the entropy-weighted standard deviation. Smaller values (1.5-2) give more trades; larger values (2.5-3) give fewer, higher-conviction trades. Offline μ,σ pairs (optional) – paste component means and sigmas from an offline LGMM (format: mu1,sigma1;mu2,sigma2;…). Leave blank to let the script use its built-in approximation. Quick Start Add the indicator to a chart and wait until the initial Training window has filled. Watch for green BUY triangles when price closes back above the lower band and red SELL triangles when price closes back below the upper band. Fine-tune: – Increase Training window to reduce noise. – Decrease Band width ×σ for more frequent signals. – Experiment with Hidden states K; more states capture richer behaviour but need longer windows to stay reliable. Tips Bands widen automatically in chaotic periods and tighten when one regime dominates. Combine with a volume filter or a higher-time-frame trend to reduce whipsaws. If you already run an LGMM in Python or Matlab, paste its component parameters for a perfect match between your back-test and the TradingView plot. Works on all markets and time-frames, provided you have at least five times the Training window’s bars in history. Happy trading!
Pine Script® indicator
by vsov
[blackcat] L2 Multi-Level Price Condition TrackerOVERVIEW The L2 Multi-Level Price Condition Tracker represents an innovative approach to analyzing financial markets by simultaneously monitoring multiple price levels, thus providing traders with a holistic view of market dynamics. By combining dynamic calculations based on moving averages and price deviations, this tool aims to deliver precise and actionable insights into potential entry and exit points. It leverages sophisticated statistical measures to identify key thresholds that signify shifts in market sentiment, thereby aiding traders in making well-informed decisions. 🎯 Key benefits encompass: • Comprehensive calculation of midpoints and average prices indicating short-term trend directions. • Interactive visualization elements enhancing interpretability effortlessly. • Real-time generation of buy/sell signals driven by precise condition evaluations. TECHNICAL ANALYSIS COMPONENTS 📉 Midpoint Calculations: Computes central reference points derived from high-low ranges establishing baseline supports/resistances. Utilizes Simple Moving Averages (SMAs) along with standardized deviation formulas smoothing out volatility while preserving long-term trends accurately. Facilitates identification of directional biases reflecting underlying market forces dynamically. 🕵️‍♂️ Advanced Price Level Detection: Derives upper/lower bounds adjusting sensitivities adaptively responding to changing conditions flexibly. Employs proprietary logic distinguishing between bullish/bearish sentiments promptly signaling transitions effectively. Ensures consistent adherence to predefined statistical protocols maintaining accuracy robustly. 🎥 Dynamic Signal Generation: Detects crossovers indicating dominance shifts between buyers/sellers promptly triggering timely alerts. Integrates conditional logic reinforcing signal validity minimizing erroneous activations systematically. Supports adaptive thresholds tuning sensitivities based on evolving market conditions flexibly accommodating varying scenarios. INDICATOR FUNCTIONALITY 🔢 Core Algorithms: Utilizes moving averages alongside standardized deviation formulas generating precise net volume measurements. Implements Arithmetic Mean Line Algorithm (AMLA) smoothing techniques improving interpretability. Ensures consistent alignment with established statistical principles preserving fidelity. 🖱️ User Interface Elements: Dedicated plots displaying real-time midpoint markers facilitating swift decision-making. Context-sensitive color coding distinguishing positive/negative deviations intuitively highlighting key activations clearly. Background shading emphasizing proximity to crucial threshold activations enhancing visibility focusing attention on vital signals promptly. STRATEGY IMPLEMENTATION ✅ Entry Conditions: Confirm bullish/bearish setups validated through multiple confirmatory signals assessing concurrent market sentiment factors. Validate entry decisions considering alignment between calculated midpoints and broader trend directions ensuring coherence. Monitor cumulative breaches signifying potential trend reversals executing partial/total closes contingent upon predetermined loss limits preserving capital efficiently. 🚫 Exit Mechanisms: Trigger exits upon hitting predefined thresholds derived from historical analyses promptly executing closures. Execute partial/total closes contingent upon cumulative loss limits preserving capital efficiently managing exposures prudently. Conduct periodic reviews gauging strategy effectiveness rigorously identifying areas needing refinement implementing corrective actions iteratively enhancing performance metrics steadily. PARAMETER CONFIGURATIONS 🎯 Optimization Guidelines: Lookback Period: Governs responsiveness versus stability balancing sensitivity/stability governing moving averages aligning with preferred granularity. Price Source: Dictates primary data series driving volume calculations selecting relevant inputs accurately tailoring strategies accordingly. 💬 Customization Recommendations: Commence with baseline defaults; iteratively refine parameters isolating individual impacts evaluating adjustments independently prior to combined modifications minimizing disruptions. Prioritize minimizing erroneous trigger occurrences first optimizing signal fidelity sustaining balanced risk-reward profiles irrespective of chosen settings upholding disciplined approaches preserving capital efficiently. ADVANCED RISK MANAGEMENT 🛡️ Proactive Risk Mitigation Techniques: Enforce strict compliance with pre-defined maximum leverage constraints adhering strictly to guidelines managing exposures prudently. Mandatorily apply trailing stop-loss orders conforming to script outputs enforcing discipline rigorously preventing adverse consequences. Allocate positions proportionately relative to available capital reserves conducting periodic reviews gauging effectiveness continuously identifying improvement opportunities steadily. ⚠️ Potential Pitfalls & Solutions: Address frequent violations arising during heightened volatility phases necessitating manual interventions judiciously preparing contingency plans proactively mitigating risks effectively. Manage false alerts warranting immediate attention avoiding adverse consequences systematically implementing corrective actions reliably. Prepare proactive responses amid adverse movements ensuring seamless functionality amidst fluctuating conditions fortifying resilience against anomalies robustly. PERFORMANCE MONITORING METRICS 🔍 Evaluation Criteria: Assess win percentages consistently across diverse trading instruments gauging reliability measuring profitability efficiency accurately evaluating downside risks comprehensively uncovering systematic biases potentially skewing outcomes. Calculate average profit ratios per successful execution benchmarking actual vs expected performances documenting results meticulously tracking progress dynamically addressing identified shortcomings proactively fostering continuous improvements. 📈 Historical Data Analysis Tools: Maintain detailed logs capturing every triggered event recording realized profits/losses comparing simulated projections accurately identifying discrepancies warranting investigation implementing iterative refinements steadily enhancing performance metrics progressively. Identify recurrent systematic errors demanding corrective actions implementing iterative refinements steadily addressing identified shortcomings proactively fostering continuous enhancements dynamically improving robustness resiliently. PROBLEM SOLVING ADVICE 🔧 Frequent Encountered Challenges: Unpredictable behaviors emerging within thinly traded markets requiring filtration processes enhancing signal integrity excluding low-liquidity assets prone to erratic movements effectively. Latency issues manifesting during abrupt price fluctuations causing missed opportunities introducing buffer intervals safeguarding major news/event impacts mitigating distortions seamlessly verifying reliable connections ensuring uninterrupted data flows guaranteeing accurate interpretations dependably. 💡 Effective Resolution Pathways: Limit ongoing optimization attempts preventing model degradation maintaining optimal performance levels consistently recalibrating parameters periodically adapting strategies flexibly responding appropriately amidst varying conditions dynamically improving robustness resiliently. Verify reliable connections ensuring uninterrupted data flows guaranteeing accurate interpretations dependably bolstering overall efficacy systematically addressing identified shortcomings dynamically fostering continuous advancements. THANKS Heartfelt acknowledgment extends to all developers contributing invaluable insights regarding multi-level price condition-based trading methodologies! ✨
Pine Script® indicator
by blackcat1402
VOLATISPHERE + AlertVOLATISPHERE — Volatility-Based Trend & Reversion Indicator The VOLATISPHERE is a powerful multi-functional indicator designed to detect volatility-driven price extremes, mean-reversion opportunities, and multi-timeframe trend direction using adaptive dynamic bands. 🔍 Core Features Volatility Bands: Calculates dynamic upper, middle, and lower bands based on average high-low range and ATR, scaled by a customizable standard deviation. Mean Reversion Signal: A normalized oscillator identifies potential overbought/oversold zones and triggers mean reversion signals (🞛 for bullish, 🞜 for bearish) when price deviates strongly from the bands. Band Color Logic: The color of the middle band adapts based on trend momentum — green for bullish shifts and red for bearish turns. Auto-Labeling: Real-time dynamic labels display current band levels for better readability on the chart (upper and lower bands in white, middle band in trend color). 📊 Multi-Timeframe Trend Dashboard A built-in TrendMeter table displays the current trend status (Bullish / Bearish / Neutral) across multiple timeframes: 5m, 15m, 1H, 4H, Daily, and Weekly. This provides a quick overview of broader market alignment. 🔔 Alerts Custom alert conditions are available for: Price crossing each band (upper, middle, lower) Entry signals from overbought/oversold zones
Pine Script® indicator
by DangTuanHai
TradersFriendCandles v2 TradersFriendCandles A fully customizable candle‑color and banding indicator built on percentile + ATR, with optional EMA vs. ALMA trend filtering and higher‑timeframe support. Key Features Dynamic Percentile Center Line Compute any Nth percentile over M bars (default 20th over 15) to serve as a reference “mid‑price” level. ATR‑Based Bands Envelope that percentile line with upper/lower bands at X × ATR (default 1×), plus an extended upper band at 3.5× ATR. Higher‑Timeframe Mode Plot bands based on a higher timeframe (e.g. daily bands on a 15m chart) so you can gauge macro support/resistance in micro timeframes. Custom‑Color Candles 5 user‑editable colors for: Strong bullish Light bullish Neutral Light bearish Strong bearish Optional EMA vs. ALMA Trend Filter When enabled, candles simply turn “bull” or “bear” based on fast EMA crossing above/below slow ALMA. Border‑Only Coloring Keep candle bodies transparent and color only the border & wick. Live Plot Labels & Track Price All lines carry titles and can display current values directly on the price scale. Alerts Strong Bull Breakout (price stays above upper band) Strong Bear Breakdown (price closes below lower band) EMA/ALMA crossovers Inputs & Customization Percentile level & lookback length ATR length, multiplier, opacity Fast EMA length, ALMA parameters (offset, length, sigma) Toggle bands, lines, custom candles, higher‑timeframe mode Pick your own colors via color‑picker inputs Use TradersFriendCandles to visualize momentum shifts, dynamic support/resistance, and trend strength all in one overlay. Perfect for pinpointing breakouts, breakdowns, and filtering noise with adjustable sensitivity.
Pine Script® indicator
by Phinnick
Bollinger Band StrategyDescription of the Bollinger Band Breakout Strategy This trading strategy, credited to Siddhart Bhanushali, is a momentum-based approach that uses Bollinger Bands and a 22-period Simple Moving Average (SMA) to identify high-probability breakout trades. It focuses on detecting periods of low volatility (contraction) followed by high volatility (expansion) to enter trades with a favorable risk-reward ratio. The strategy is designed to capture significant price movements in trending markets, with clear rules for entry, stop loss, and profit targets. Strategy Overview The strategy generates buy and sell signals based on specific conditions involving the 22-period SMA and Bollinger Bands. It aims to enter trades when the price breaks out of a consolidation phase, confirmed by the direction of the SMA and the behavior of a green or red candle relative to the Bollinger Bands. The minimum target for each trade is a 1:2 risk-reward ratio. Credit This strategy is credited to Siddhart Bhanushali, who designed it to leverage Bollinger Band breakouts in trending markets, providing a clear and systematic approach to trading with defined risk-reward parameters.
Pine Script® indicator
by vvtradingss
Chandelier Exit + EMA Filtered SignalsThis script is a powerful upgrade to the original Chandelier Exit by Alex Orekhov (everget), combining trend-following logic with higher-quality trade filtering. ✅ Key Features: Chandelier Exit logic with ATR-based stop levels Buy/Sell signals only when trend is confirmed: Buy: Price must be above EMA 13, 50, and 200 Sell: Price must be below EMA 13, 50, and 200 Candle highlighting: Green for Buy, Red for Sell Signal labels for visual clarity Toggle to show/hide EMAs Built-in alerts for: Buy signal Sell signal Trend direction change 🛠️ Inputs: ATR Period and Multiplier Toggle: Use Close Price for High/Low Calculation Toggle: Show/Hide Labels and State Highlight Toggle: Show/Hide EMA 13, 50, 200 Toggle: Await confirmed bar for alerts 🔔 Alerts Included: Chandelier Exit Buy Chandelier Exit Sell Direction Change (long to short or vice versa) 💡 How to Use: Use on trending assets (e.g., Gold, Indices, Crypto). Combine with support/resistance or session filters for optimal results. Enable alerts to be notified on trade setups. 📢 Credits: Based on the original Chandelier Exit script by everget. Enhancements by AP Capital for filtered signals and better visual feedback.
Pine Script® indicator
by APCapitalTrading
Gamma Blast Detector (Nifty)The Gamma Blast Detector (Nifty) is a custom TradingView indicator designed to help intraday traders identify sudden and explosive price movements—commonly referred to as "gamma blasts"—in the Nifty index during the final minutes of the trading session, particularly on expiry days. These movements are typically caused by rapid delta changes in ATM options, resulting in aggressive short-covering or option unwinding. This indicator specifically monitors price action between 3:10 PM and 3:20 PM IST, which translates to 09:40 AM to 09:50 AM UTC on TradingView. It is optimized for use on 5-minute charts of the Nifty spot or futures index, where gamma-driven volatility is most likely to occur during this time window. The core logic behind the indicator involves identifying unusually large candles within this time frame. It compares the size of the current candle to the average size of the previous five candles. If the current candle is at least twice as large and shows clear direction (bullish or bearish), the script flags it as a potential gamma blast. A bullish candle suggests a Call Option (CE) is likely to blast upward, while a bearish candle points to a Put Option (PE) gaining sharply. When such a condition is detected, the indicator visually marks the candle on the chart: a "CE 🚀" label is shown below the candle for a bullish move, and a "PE 🔻" label appears above for a bearish move. It also includes alert conditions, allowing users to set real-time alerts for potential blasts and act quickly. This tool is especially useful for expiry day scalpers, option traders, and anyone looking to ride momentum generated by gamma effects in the final minutes of the market. It provides a visual and alert-based edge to anticipate short-term, high-impact moves often missed in normal technical analysis.
Pine Script® indicator
by soansnoble
Smooth Fibonacci BandsSmooth Fibonacci Bands This indicator overlays adaptive Fibonacci bands on your chart, creating dynamic support and resistance zones based on price volatility. It combines a simple moving average with ATR-based Fibonacci levels to generate multiple bands that expand and contract with market conditions. ## Features - Creates three pairs of upper and lower Fibonacci bands - Smoothing option for cleaner, less noisy bands - Fully customizable colors and line thickness - Adapts automatically to changing market volatility ## Settings Adjust the SMA and ATR lengths to match your trading timeframe. For short-term trading, try lower values; for longer-term analysis, use higher values. The Fibonacci factors determine how far each band extends from the center line - standard Fibonacci ratios (1.618, 2.618, and 4.236) are provided as defaults. ## Trading Applications - Use band crossovers as potential entry and exit signals - Look for price bouncing off bands as reversal opportunities - Watch for price breaking through multiple bands as strong trend confirmation - Identify potential support/resistance zones for placing stop losses or take profits Fibonacci Bands combines the reliability of moving averages with the adaptability of ATR and the natural market harmony of Fibonacci ratios, offering a robust framework for both trend and range analysis.
Pine Script® indicator
by ShadowTraderBali
1
Q Impulse EntryQ Impulse Entry A directional entry system combining impulse breakouts, Elder's momentum confirmation, and ADX trend validation. Designed for clean trade setups with multi-step filtering, entry markers, and real-time alerts. 🔧 Core Logic This is not a basic mashup — each filter plays a distinct technical role: 1. Impulse Breakout Engine  • Detects sharp directional price breaks using ATR-adjusted dynamic zones  • Impulse window controls sensitivity to local highs/lows 2. Elder Momentum Filter  • Confirms signal using MACD histogram and EMA alignment  • Blocks entries when internal momentum contradicts price move 3. ADX Trend Strength Filter  • Uses threshold-based ADX logic to validate trend power  • Filters out noise in flat or weak markets The system requires all three filters to agree before confirming an entry. 📈 Visual Feedback • ⇑ / ⇓ arrows mark confirmed entry signals • Colored entry dots plotted at signal price help confirm timing and aid in multi-position layering • Impulse breakout zones and EMA are displayed for directional context • Clean layout, no repainting, designed for real-time use ⚙️ Configurable Inputs • Impulse Window — controls breakout signal sensitivity • ATR Multiplier — defines width of impulse breakout zones (Elder and ADX filters are embedded and fine-tuned) ✨ Highlights • Triple-filter signal logic = fewer false positives • Entry dots + arrows for visual clarity and scaling in • Lightweight, non-repainting, and alert-ready • Best suited for Forex and all timeframes • Ideal for breakout, trend-following, or hybrid systems • Built-in alerts and customizable zones • Always apply risk management suited to your capital and strategy Trade with clarity — stay for quality.
Pine Script® indicator
by Quantora
HiLo EMA Custom bandsHILo Ema custom bands This advanced technical indicator is a powerful variation of "HiLo Ema squeeze bands" that combines the best elements of Donchian channels and EMAs. It's specially designed to identify price squeezes before significant market moves while providing dynamic support/resistance levels and predictive price targets. Indicator Concept: The indicator initializes EMAs at each new high or low - the upper EMA tracks highs while the lower EMA tracks lows. It draws maximum of 6 custom bands based on percentage, fixed value or Atr Upper EM bands are drawn below uper ema, Lower EMA bands are drawn above lower ema Customizable Options: Ema length: 200 default Calculation type: Ema (Default), HILO Calculation type: Percent,Fixed Value, ATR Band Value: Percent/Value/ATR multiple This is value to use for calculation type Band Selection: Both,Upper,Lower Key Features: You can choose to draw either of one or both, the latter can be overwhelming initially but as you get used to it, it becomes a powerful tool. When both bands are selected, upper and lower bands provide provides dual references and intersections This creates a more trend-responsive alternative to traditional Donchian channels with clearly defined zones for trade planning. If you select percaentage, note that the calulation is based FROM the respective EMA bands. So bands from lower EMA band will appear narrower compared to the those drawn from upper EMA band Price targets or reversals: Look of alignment of lines and price. The current level of one order could align with that of previous level of a different order because often markets move in steps Settings Guide: Recommended Settings: Ema length: 200 Use one of the bands (not both) if using large length of say 1000 Calculation type: EMA HILO will draw donchian like bands, this is useful if you only want flat price levels. In a rising market use upper and vise versa Calculation type: percentage for indices : 5, for symbols 10 or higher based on symbol volatility Fixed value: about 10% of symbol value converted to value Atr: 2 ideally Perfect for swing traders and position traders looking for a more sophisticated volatility-based overlay that adapts to changing market conditions and provides predictive reversal levels. Note: This indicator works well across multiple timeframes but is especially effective on H4, Daily and Weekly charts for trend trading.
Pine Script® indicator
by krisoz
Linear Regression Trendline on Close This indicator draws a linear regression trendline that connects the closing prices of the last N candles, where N is a user-defined input. 🔹 Key Features: Uses least-squares linear regression to fit a straight line to recent closes Automatically adapts to any timeframe (5min, 1h, daily, etc.) Input lets you select how many recent candles to include Helps identify short-term trend direction and momentum 🔸 How to Use: Set the "Number of Candles" input to choose how far back the regression line should look The line updates in real time as new candles form Use it to gauge short-term bias, or combine with support/resistance/zones for confirmation 🧠 Tip: Increase the number of candles for smoother trends; decrease for more reactive trendlines.
Pine Script® indicator
by Blu_Dragon
Customizable Order Flow DashboardOrder Flow Dashboard – Indicator Summary This TradingView indicator displays a real-time dashboard showing the candle direction (Bullish, Bearish) and countdown timers for three user-selected timeframes. It helps traders quickly assess multi-timeframe alignment during live sessions. Features: Custom Timeframes – Select any 3 timeframes (e.g. 1m, 5m, 1H) Candle Trend Detection – Bullish (green), Bearish (red), or Neutral (gray) Countdown Timer – Displays time remaining until the current candle closes in MM:SS format Clean Labels – Automatically formats timeframes like “60” into “1H” Table Display – Dashboard appears in the top-right corner of the chart How to Use: Add the script to your chart. Open settings and select your preferred timeframes. Monitor the table to view candle direction and time remaining for each selected timeframe. Use Case: Ideal for traders who want fast visual confirmation of trend direction across multiple timeframes to support entry and exit decisions.
Pine Script® indicator
by UnknownPlayer_421
HILo Ema Double Squeeze BandsHILo Ema Double Squeeze Bands This advanced technical indicator is a powerful variation of "HiLo Ema squeeze bands" that combines the best elements of Donchian channels and EMAs. It's specially designed to identify price squeezes before significant market moves while providing dynamic support/resistance levels and predictive price targets. Indicator Concept: The indicator initializes EMAs at each new high or low - the upper EMA tracks highs while the lower EMA tracks lows. The price range between upper and lower bands is divided into 4 equal zones by these lines: Upper2 (uppermost line) Upper1 (upper quartile) Middle (center line) Lower1 (lower quartile) Lower2 (lowermost line) This creates a more trend-responsive alternative to traditional Donchian channels with clearly defined zones for trade planning. Key Features: Dual EMA Band System: Utilizes both short-term and long-term EMAs to create adaptive price channels that respond to different market cycles Quartile Divisions: Each band set includes middle lines and quartile divisions for more precise entry and exit points Customizable Parameters: Easily adjust EMA periods and display options to suit your trading style and timeframe Visual Color Zones: Clear color-coded zones help quickly identify bullish and bearish areas Optional Extra Divisions: Add more granular internal lines (eighth divisions) for enhanced precision with longer EMA periods Price Labels Option: Display exact price values for key levels directly on the chart Price Target Prediction: One of the most valuable features of this indicator is its ability to help predict potential reversal points: When price breaks above the Upper2 level, look for potential reversals when the new Upper1 or Middle line aligns with previous Upper2 levels When price breaks below the Lower2 level, look for potential reversals when the new Lower1 or Middle line aligns with previous Lower2 levels Settings Guide: Recommended Settings: 200 for Short EMA, 1000 for Long EMA works extremely well across most timeframes and symbols Display options allow you to show/hide either band system based on your analysis preferences The new option to divide the long EMA range into 8 parts instead of 4 is particularly useful when: Long EMA period is >500 Short EMA is switched off and long EMA is used independently Perfect for swing traders and position traders looking for a more sophisticated volatility-based overlay that adapts to changing market conditions and provides predictive reversal levels. Note: This indicator works well across multiple timeframes but is especially effective on H4, Daily and Weekly charts for trend trading.
Pine Script® indicator
by krisoz
Prev-Day High-Low Box 09:30-15:30This indicator plots a visual range box for the previous day's regular trading session, based specifically on 09:30 AM to 3:30 PM market hours (Eastern Time by default). Features: Automatically detects each new trading day Draws a box from the previous day’s high to low Box extends into the current session for a set number of bars (default: 160) Labels mark the previous high and previous low individually Clean and minimal — only one box and label set is drawn at a time Works on intraday timeframes (1min, 5min, 15min, etc.) Use it to: Identify zones of interest from the last session Watch for breakouts, reversals, or mean reversion setups Combine with VWAP, moving averages, or price action for added context This tool is handy for day traders and scalpers who want to map out the structure of prior sessions during live trading hours.
Pine Script® indicator
by rdiyali
Multi-Timeframe S&R Zones (Shaded)This indicator automatically plots support and resistance zones based on recent price action across multiple timeframes: 🟥 Daily 🟧 4-Hour 🟨 1-Hour 🟩 30-Minute 🟦 5-Minute Each zone is color-coded by timeframe and represented as a shaded region instead of a hard line, giving you a clearer and more dynamic view of key market levels. The zones are calculated from recent swing highs (resistance) and swing lows (support), and each zone spans ±5 pips for precision. Only the most recent levels are displayed—up to 3 per timeframe—and are limited to the last 48 hours to avoid chart clutter and keep your workspace clean. ✅ Key Benefits: Price Action Based: Zones are drawn from actual market structure (swings), not arbitrary levels. Multi-Timeframe Clarity: View confluence across major intraday and higher timeframes at a glance. Color-Coded Zones: Instantly distinguish between timeframes using intuitive colour coordination. Clean Charts: Only shows the latest relevant levels, automatically expires old zones beyond 48 hours. Flexible & Lightweight: Built for Tradingview Essential; optimized for performance.
Pine Script® indicator
by chrisc1967
VWAP Adaptive (RelVol-Adjusted)This indicator provides an Adaptive VWAP that adjusts volume weighting using RelVol (Relative Volume at Time), offering a more accurate and context-aware price reference during sessions with irregular volume behavior. Classic VWAP calculates the average price weighted by raw volume, without considering the time of day. This becomes a serious limitation during major market events such as CPI releases, FOMC announcements, NFP, or large-cap earnings. These events often trigger massive volume spikes within one or two candles. As a result, the classic VWAP gets pulled toward those extreme prices and becomes permanently skewed for the rest of the session. In such conditions, classic VWAP becomes unreliable. It no longer reflects fair value and often misleads traders relying on it for dynamic support, resistance, or reversion signals. This Adaptive VWAP improves on that by using RelVol, which compares the current volume to the average volume seen at the same time over previous sessions. It gives more weight to price when volume is typical for that moment, and adjusts the influence when volume is statistically abnormal. This reduces the impact of isolated volume spikes and stabilizes the VWAP path, even in high-volatility environments. For example, on SPY 1-minute or 5-minute charts during a CPI release, a massive spike in volume and price can occur within a single candle. Classic VWAP will immediately anchor itself to that spike. Adaptive VWAP using RelVol softens that effect and maintains a more realistic trajectory. Key features: - Adaptive VWAP weighted by time-adjusted Relative Volume (RelVol) - Designed to maintain VWAP reliability during macroeconomic events - Flexible anchoring: Session, Week, Month, Quarter, Earnings, etc. - Optional display of Classic VWAP for comparison - Up to 3 customizable deviation bands (standard deviation or percentage) This tool is ideal for intraday traders who need a VWAP that remains usable and unbiased, even in volatile sessions. It adds robustness to VWAP-based strategies by incorporating time-sensitive volume normalization.
Pine Script® indicator
by Julien_Eche
2
[Saya] VWAP Range Bands VWAP Range Bands is a custom volatility-based indicator that visualizes dynamic support and resistance zones using a volume-weighted average price (VWAP) combined with adaptive deviation bands. 🔍 Features: • VWAP-based midline for mean reversion insight • Dynamic upper and lower bands based on average deviation or standard deviation • Visual highlights when price crosses extreme zones • Optional deviation count table to monitor how often price breaks out Great for identifying high-probability reversal or continuation areas in both trending and ranging markets.
Pine Script® indicator
by sayacrypto