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Breadth Indicators

Buy Sell Indicator PROIt uses Average True Range (ATR) to dynamically calculate a trailing stop level that follows price action and adapts to market volatility. The indicator: Plots a dynamic trailing stop line on the chart. Colors the trailing stop line: Green when in an uptrend (long position), Red when in a downtrend (short position), Blue when neutral. Plots Buy/Sell labels based on when the price crosses above or below the trailing stop line. Colors candles green or red depending on whether the price is above or below the trailing stop. It gives alerts for potential Buy and Sell opportunities automatically. 🧠 How It Works (Logic) ATR Calculation: It calculates the ATR (Average True Range) over a chosen period (default: 10 bars). ATR measures market volatility — bigger ATR = bigger stop distance. Trailing Stop Calculation: When the price moves up, the trailing stop also moves up. When the price moves down, the trailing stop moves down. If price crosses the trailing stop, the trend is considered reversed. Buy/Sell Signals: Buy when the price crosses above the trailing stop line. Sell when the price crosses below the trailing stop line. EMA Crossover (Optional Flexibility): By default, the EMA is set to 1 (basically just the close price). But if you change the EMA period input, it can use a smoothed moving average to trigger Buy/Sell, making signals cleaner. 📈 How To Use It Add the Indicator to your chart (make sure it's updated to the v5 version I posted earlier). Adjust the Settings: Key Value (Sensitivity): A higher Key Value = wider trailing stop = fewer but more reliable signals. A lower Key Value = tighter trailing stop = more frequent signals but possibly more noise. ATR Period: Higher period = slower reactions (good for higher timeframes). Lower period = faster reactions (good for scalping or low timeframes). EMA Period: 1 by default. Increasing it will smooth the entry signals. Interpret the Chart: Trailing Stop Line: If price is above the line and the line is green → market is bullish. If price is below the line and the line is red → market is bearish. Buy/Sell Labels: Entry signals are plotted with clear Buy and Sell tags. Candle Colors: Candles turn green when price > trailing stop. Candles turn red when price < trailing stop. Set Alerts: Create a TradingView alert on the Buy and Sell conditions. You will get automatic alerts when a new signal is detected.
Pine Script® indicator
by mkukulski2277c
RSI + EMA + Stoch RSI ComboDescription: This indicator combines three powerful momentum tools — RSI, EMA, and Stochastic RSI — to provide more refined entry and exit signals. What it does: • Calculates Relative Strength Index (RSI) and applies an Exponential Moving Average (EMA) to it for smoother trend confirmation. • Adds Stochastic RSI (Stoch RSI) with adjustable %K and %D settings. • Generates Buy signals when: • Stoch RSI %K crosses above %D, • %K is below 20, • RSI is below 40, • and RSI is above its EMA. • Generates Sell signals when: • %K crosses below %D, • %K is above 80, • RSI is above 60, • and RSI is below its EMA. • Visual elements include RSI EMA line, overbought/oversold levels, and Stoch RSI plots. Use case: Perfect for traders looking for a multi-indicator confirmation system. Best used on 1H or 4H timeframes, but works across all timeframes. Alerts for Buy and Sell signals are included. Feel free to tweak the parameters for your own strategy and market conditions!
Pine Script® indicator
by DSei88
Simple Gold Reversal Detector V2 PRO + EMA + Volume + RSI + WickSimple Gold Reversal Detector V2 PRO is a reversal spotter tool designed for XAUUSD (Gold) on 5-min to 15-min timeframes. It uses candlestick behavior, volume confirmation, trend filtering, and momentum exhaustion to detect high-probability turning points in the market. It is built to filter out weak setups and focus on meaningful reversals. It is not a trend follower and will not catch every reversal. It may give false signals in heavy news or spiky sessions. You still need to manage trades accordingly. REMEBER THAT THIS IS REVERSAL DETECTOR meaning don't enter immediately on trades. WAIT FOR PULLBACK and PRICE ACTION to avoid fakeout . It may give you 100-200-300 pips. might give you also false indication. Features of the indicator: Full control of what you want to filter out Built-in EMA 20/200 (you can cut out your existing ema for other indicator slot) You can adjust Period for Reversal, Volume Moving Average Length and RSI Length that will give result depending on your preference. 🔵 Strict Volume Spike (1.5x) If ON: Only accept reversal signals if the current candle's volume is at least 1.5× higher than the average volume. Purpose: To catch only strong moves supported by big market activity (high participation). 🔵 Strict Wick Size Required If ON: Only accept reversal signals if the candle's wick (top or bottom) is larger than the body. Purpose: To filter signals based on rejection wicks, showing strong rejection from certain prices. 🔵 Strict EMA 200 Trend Filter If ON: Only BUY if price is above EMA 200. Only SELL if price is below EMA 200. Purpose: To align trades with the big trend for safety (trend-following bias). 🔵 Strict Body Size (30%) If ON: Accept candles only if their body size is 30% or smaller compared to the entire candle range (high to low). Purpose: To make sure the reversal candle is small and exhausted, typical behavior before reversals. 🔵 Strict RSI Range (40/60) If ON: Only BUY if RSI is below 40 (oversold area). Only SELL if RSI is above 60 (overbought area). Purpose: To catch reversals when the market is technically overextended. Lookback Period for Reversal 20 Check last 20 candles to determine highest high or lowest low (for detecting reversal zones). Volume Moving Average Length 20 Smooth volume over 20 candles to detect if a candle's volume is "spiking" compared to normal. RSI Length 14 Standard RSI period; used to measure momentum over last 14 candles for overbought/oversold.
Pine Script® indicator
by bolchristian
1
3-Day Breakout Strategy with Trend Change Exit//@version=5 strategy("3-Day Breakout Strategy with Trend Change Exit", overlay=true, default_qty_type=strategy.percent_of_equity, default_qty_value=100) // === Calculate 3-day high/low (excluding current bar) === high3 = ta.highest(high , 3) low3 = ta.lowest(low , 3) // === Entry conditions === longEntry = close > high3 shortEntry = close < low3 // === Track position state === isLong = strategy.position_size > 0 isShort = strategy.position_size < 0 wasLong = nz(strategy.position_size > 0) wasShort = nz(strategy.position_size < 0) // === Exit conditions === // Exit on trend reversal (new signal) longExit = shortEntry // Exit long position when a short signal occurs shortExit = longEntry // Exit short position when a long signal occurs // === Execute entries === buySignal = longEntry and not isLong and not isShort sellSignal = shortEntry and not isLong and not isShort if (buySignal) strategy.entry("Long", strategy.long) if (sellSignal) strategy.entry("Short", strategy.short) // === Execute exits on opposite signal (trend change) === if (isLong and longExit) strategy.close("Long") if (isShort and shortExit) strategy.close("Short") // === Exit markers (on actual exit bar only) === exitLongSignal = wasLong and not isLong exitShortSignal = wasShort and not isShort // === Plot entry signals only on the entry bar === plotshape(buySignal, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY") plotshape(sellSignal, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL") // === Plot exit signals only on the exit bar === plotshape(exitLongSignal, title="Exit Long", location=location.abovebar, color=color.orange, style=shape.labeldown, text="EXIT") plotshape(exitShortSignal, title="Exit Short", location=location.belowbar, color=color.orange, style=shape.labelup, text="EXIT")
Pine Script® strategy
by devang9885
Dskyz (DAFE) Aurora Divergence – Quant Master Dskyz (DAFE) Aurora Divergence – Quant Master Introducing the Dskyz (DAFE) Aurora Divergence – Quant Master , a strategy that’s your secret weapon for mastering futures markets like MNQ, NQ, MES, and ES. Born from the legendary Aurora Divergence indicator, this fully automated system transforms raw divergence signals into a quant-grade trading machine, blending precision, risk management, and cyberpunk DAFE visuals that make your charts glow like a neon skyline. Crafted with care and driven by community passion, this strategy stands out in a sea of generic scripts, offering traders a unique edge to outsmart institutional traps and navigate volatile markets. The Aurora Divergence indicator was a cult favorite for spotting price-OBV divergences with its aqua and fuchsia orbs, but traders craved a system to act on those signals with discipline and automation. This strategy delivers, layering advanced filters (z-score, ATR, multi-timeframe, session), dynamic risk controls (kill switches, adaptive stops/TPs), and a real-time dashboard to turn insights into profits. Whether you’re a newbie dipping into futures or a pro hunting reversals, this strat’s got your back with a beginner guide, alerts, and visuals that make trading feel like a sci-fi mission. Let’s dive into every detail and see why this original DAFE creation is a must-have. Why Traders Need This Strategy Futures markets are a battlefield—fast-paced, volatile, and riddled with institutional games that can wipe out undisciplined traders. From the April 28, 2025 NQ 1k-point drop to sneaky ES slippage, the stakes are high. Meanwhile, platforms are flooded with unoriginal, low-effort scripts that promise the moon but deliver noise. The Aurora Divergence – Quant Master rises above, offering: Unmatched Originality: A bespoke system built from the ground up, with custom divergence logic, DAFE visuals, and quant filters that set it apart from copycat clutter. Automation with Precision: Executes trades on divergence signals, eliminating emotional slip-ups and ensuring consistency, even in chaotic sessions. Quant-Grade Filters: Z-score, ATR, multi-timeframe, and session checks filter out noise, targeting high-probability reversals. Robust Risk Management: Daily loss and rolling drawdown kill switches, plus ATR-based stops/TPs, protect your capital like a fortress. Stunning DAFE Visuals: Aqua/fuchsia orbs, aurora bands, and a glowing dashboard make signals intuitive and charts a work of art. Community-Driven: Evolved from trader feedback, this strat’s a labor of love, not a recycled knockoff. Traders need this because it’s a complete, original system that blends accessibility, sophistication, and style. It’s your edge to trade smarter, not harder, in a market full of traps and imitators. 1. Divergence Detection (Core Signal Logic) The strategy’s core is its ability to detect bullish and bearish divergences between price and On-Balance Volume (OBV), pinpointing reversals with surgical accuracy. How It Works: Price Slope: Uses linear regression over a lookback (default: 9 bars) to measure price momentum (priceSlope). OBV Slope: OBV tracks volume flow (+volume if price rises, -volume if falls), with its slope calculated similarly (obvSlope). Bullish Divergence: Price slope negative (falling), OBV slope positive (rising), and price above 50-bar SMA (trend_ma). Bearish Divergence: Price slope positive (rising), OBV slope negative (falling), and price below 50-bar SMA. Smoothing: Requires two consecutive divergence bars (bullDiv2, bearDiv2) to confirm signals, reducing false positives. Strength: Divergence intensity (divStrength = |priceSlope * obvSlope| * sensitivity) is normalized (0–1, divStrengthNorm) for visuals. Why It’s Brilliant: - Divergences catch hidden momentum shifts, often exploited by institutions, giving you an edge on reversals. - The 50-bar SMA filter aligns signals with the broader trend, avoiding choppy markets. - Adjustable lookback (min: 3) and sensitivity (default: 1.0) let you tune for different instruments or timeframes. 2. Filters for Precision Four advanced filters ensure signals are high-probability and market-aligned, cutting through the noise of volatile futures. Z-Score Filter: Logic: Calculates z-score ((close - SMA) / stdev) over a lookback (default: 50 bars). Blocks entries if |z-score| > threshold (default: 1.5) unless disabled (useZFilter = false). Impact: Avoids trades during extreme price moves (e.g., blow-off tops), keeping you in statistically safe zones. ATR Percentile Volatility Filter: Logic: Tracks 14-bar ATR in a 100-bar window (default). Requires current ATR > 80th percentile (percATR) to trade (tradeOk). Impact: Ensures sufficient volatility for meaningful moves, filtering out low-volume chop. Multi-Timeframe (HTF) Trend Filter: Logic: Uses a 50-bar SMA on a higher timeframe (default: 60min). Longs require price > HTF MA (bullTrendOK), shorts < HTF MA (bearTrendOK). Impact: Aligns trades with the bigger trend, reducing counter-trend losses. US Session Filter: Logic: Restricts trading to 9:30am–4:00pm ET (default: enabled, useSession = true) using America/New_York timezone. Impact: Focuses on high-liquidity hours, avoiding overnight spreads and erratic moves. Evolution: - These filters create a robust signal pipeline, ensuring trades are timed for optimal conditions. - Customizable inputs (e.g., zThreshold, atrPercentile) let traders adapt to their style without compromising quality. 3. Risk Management The strategy’s risk controls are a masterclass in balancing aggression and safety, protecting capital in volatile markets. Daily Loss Kill Switch: Logic: Tracks daily loss (dayStartEquity - strategy.equity). Halts trading if loss ≥ $300 (default) and enabled (killSwitch = true, killSwitchActive). Impact: Caps daily downside, crucial during events like April 27, 2025 ES slippage. Rolling Drawdown Kill Switch: Logic: Monitors drawdown (rollingPeak - strategy.equity) over 100 bars (default). Stops trading if > $1000 (rollingKill). Impact: Prevents prolonged losing streaks, preserving capital for better setups. Dynamic Stop-Loss and Take-Profit: Logic: Stops = entry ± ATR * multiplier (default: 1.0x, stopDist). TPs = entry ± ATR * 1.5x (profitDist). Longs: stop below, TP above; shorts: vice versa. Impact: Adapts to volatility, keeping stops tight but realistic, with TPs targeting 1.5:1 reward/risk. Max Bars in Trade: Logic: Closes trades after 8 bars (default) if not already exited. Impact: Frees capital from stagnant trades, maintaining efficiency. Kill Switch Buffer Dashboard: Logic: Shows smallest buffer ($300 - daily loss or $1000 - rolling DD). Displays 0 (red) if kill switch active, else buffer (green). Impact: Real-time risk visibility, letting traders adjust dynamically. Why It’s Brilliant: - Kill switches and ATR-based exits create a safety net, rare in generic scripts. - Customizable risk inputs (maxDailyLoss, dynamicStopMult) suit different account sizes. - Buffer metric empowers disciplined trading, a DAFE signature. 4. Trade Entry and Exit Logic The entry/exit rules are precise, filtered, and adaptive, ensuring trades are deliberate and profitable. Entry Conditions: Long Entry: bullDiv2, cooldown passed (canSignal), ATR filter passed (tradeOk), in US session (inSession), no kill switches (not killSwitchActive, not rollingKill), z-score OK (zOk), HTF trend bullish (bullTrendOK), no existing long (lastDirection != 1, position_size <= 0). Closes shorts first. Short Entry: Same, but for bearDiv2, bearTrendOK, no long (lastDirection != -1, position_size >= 0). Closes longs first. Adaptive Cooldown: Default 2 bars (cooldownBars). Doubles (up to 10) after a losing trade, resets after wins (dynamicCooldown). Exit Conditions: Stop-Loss/Take-Profit: Set per trade (ATR-based). Exits on stop/TP hits. Other Exits: Closes if maxBarsInTrade reached, ATR filter fails, or kill switch activates. Position Management: Ensures no conflicting positions, closing opposites before new entries. Built To Be Reliable and Consistent: - Multi-filtered entries minimize false signals, a stark contrast to basic scripts. - Adaptive cooldown prevents overtrading, especially after losses. - Clean position handling ensures smooth execution, even in fast markets. 5. DAFE Visuals The visuals are a DAFE hallmark, blending function with clean flair to make signals intuitive and charts stunning. Aurora Bands: Display: Bands around price during divergences (bullish: below low, bearish: above high), sized by ATR * bandwidth (default: 0.5). Colors: Aqua (bullish), fuchsia (bearish), with transparency tied to divStrengthNorm. Purpose: Highlights divergence zones with a glowing, futuristic vibe. Divergence Orbs: Display: Large/small circles (aqua below for bullish, fuchsia above for bearish) when bullDiv2/bearDiv2 and canSignal. Labels show strength (0–1). Purpose: Pinpoints entries with eye-catching clarity. Gradient Background: Display: Green (bullish), red (bearish), or gray (neutral), 90–95% transparent. Purpose: Sets the market mood without clutter. Strategy Plots: - Stop/TP Lines: Red (stops), green (TPs) for active trades. - HTF MA: Yellow line for trend context. - Z-Score: Blue step-line (if enabled). - Kill Switch Warning: Red background flash when active. What Makes This Next-Level?: - Visuals make complex signals (divergences, filters) instantly clear, even for beginners. - DAFE’s unique aesthetic (orbs, bands) sets it apart from generic scripts, reinforcing originality. - Functional plots (stops, TPs) enhance trade management. 6. Metrics Dashboard The top-right dashboard (2x8 table) is your command center, delivering real-time insights. Metrics: Daily Loss ($): Current loss vs. day’s start, red if > $300. Rolling DD ($): Drawdown vs. 100-bar peak, red if > $1000. ATR Threshold: Current percATR, green if ATR exceeds, red if not. Z-Score: Current value, green if within threshold, red if not. Signal: “Bullish Div” (aqua), “Bearish Div” (fuchsia), or “None” (gray). Action: “Consider Buying”/“Consider Selling” (signal color) or “Wait” (gray). Kill Switch Buffer ($): Smallest buffer to kill switch, green if > 0, red if 0. Why This Is Important?: - Consolidates critical data, making decisions effortless. - Color-coded metrics guide beginners (e.g., green action = go). - Buffer metric adds transparency, rare in off-the-shelf scripts. 7. Beginner Guide Beginner Guide: Middle-right table (shown once on chart load), explains aqua orbs (bullish, buy) and fuchsia orbs (bearish, sell). Key Features: Futures-Optimized: Tailored for MNQ, NQ, MES, ES with point-value adjustments. Highly Customizable: Inputs for lookback, sensitivity, filters, and risk settings. Real-Time Insights: Dashboard and visuals update every bar. Backtest-Ready: Fixed qty and tick calc for accurate historical testing. User-Friendly: Guide, visuals, and dashboard make it accessible yet powerful. Original Design: DAFE’s unique logic and visuals stand out from generic scripts. How to Use Add to Chart: Load on a 5min MNQ/ES chart in TradingView. Configure Inputs: Adjust instrument, filters, or risk (defaults optimized for MNQ). Monitor Dashboard: Watch signals, actions, and risk metrics (top-right). Backtest: Run in strategy tester to evaluate performance. Live Trade: Connect to a broker (e.g., Tradovate) for automation. Watch for slippage (e.g., April 27, 2025 ES issues). Replay Test: Use bar replay (e.g., April 28, 2025 NQ drop) to test volatility handling. Disclaimer Trading futures involves significant risk of loss and is not suitable for all investors. Past performance is not indicative of future results. Backtest results may not reflect live trading due to slippage, fees, or market conditions. Use this strategy at your own risk, and consult a financial advisor before trading. Dskyz (DAFE) Trading Systems is not responsible for any losses incurred. Backtesting: Frame: 2023-09-20 - 2025-04-29 Fee Typical Range (per side, per contract) CME Exchange $1.14 – $1.20 Clearing $0.10 – $0.30 NFA Regulatory $0.02 Firm/Broker Commis. $0.25 – $0.80 (retail prop) TOTAL $1.60 – $2.30 per side Round Turn: (enter+exit) = $3.20 – $4.60 per contract Final Notes The Dskyz (DAFE) Aurora Divergence – Quant Master isn’t just a strategy—it’s a movement. Crafted with originality and driven by community passion, it rises above the flood of generic scripts to deliver a system that’s as powerful as it is beautiful. With its quant-grade logic, DAFE visuals, and robust risk controls, it empowers traders to tackle futures with confidence and style. Join the DAFE crew, light up your charts, and let’s outsmart the markets together! (This publishing will most likely be taken down do to some miscellaneous rule about properly displaying charting symbols, or whatever. Once I've identified what part of the publishing they want to pick on, I'll adjust and repost.) Use it with discipline. Use it with clarity. Trade smarter. **I will continue to release incredible strategies and indicators until I turn this into a brand or until someone offers me a contract. Created by Dskyz, powered by DAFE Trading Systems. Trade fast, trade bold.
Pine Script® strategy
by DskyzInvestments
SMA 8-18 Angle Measurement - Color, Size, and Alerts//@version=5 indicator("SMA 8-18 Angle Measurement - Color, Size, and Alerts", overlay=true) // --- Calculate short-term (SMA 8) and mid-term (SMA 18) simple moving averages --- // These two SMAs will be used to detect trend crossovers. sma8 = ta.sma(close, 8) sma18 = ta.sma(close, 18) // --- Plot SMA 8 and SMA 18 on the chart for visual trend analysis --- plot(sma8, title="SMA 8", color=color.blue) plot(sma18, title="SMA 18", color=color.orange) // --- Calculate the slope (momentum) of each SMA --- // Measures how steeply each moving average is moving. slope_sma8 = sma8 - sma8 slope_sma18 = sma18 - sma18 // --- Find the difference between the slopes of SMA 8 and SMA 18 --- // This helps to measure the relative speed of trend changes between short and mid-term averages. slope_difference = slope_sma8 - slope_sma18 // --- Convert slope difference into an angle in degrees --- // Using arctangent to calculate the angle of divergence between the two SMAs. angle_rad = math.atan(slope_difference) angle_deg = angle_rad * (180 / math.pi) // --- User settings for customization --- // Allow users to enable color change and size change of labels based on angle behavior. change_color = input.bool(true, title="Change Label Color Based on Angle Direction") change_size = input.bool(true, title="Change Label Size Based on Angle Magnitude") // --- Dynamic label color based on angle direction --- // Positive angles = blue (bullish slope), Negative angles = red (bearish slope). label_color = color.white if change_color label_color := angle_deg >= 0 ? color.blue : color.red // --- Dynamic label size based on angle strength --- // Small angles = smaller label, stronger angles = larger label. label_size = size.normal if change_size if math.abs(angle_deg) < 10 label_size := size.small else if math.abs(angle_deg) < 30 label_size := size.normal else label_size := size.large // --- Detect crossover events between SMA 8 and SMA 18 --- // Bullish crossover: SMA 8 crosses above SMA 18 // Bearish crossunder: SMA 8 crosses below SMA 18 bull_cross = ta.crossover(sma8, sma18) bear_cross = ta.crossunder(sma8, sma18) // --- Display only the latest crossover angle as a label on the chart --- // Old labels are deleted to keep the chart clean and focused on the last event. var label last_cross_label = na if (bull_cross or bear_cross) if not na(last_cross_label) label.delete(last_cross_label) last_cross_label := label.new(bar_index, high + 10, "Angle: " + str.tostring(angle_deg, format.mintick) + "°", color=color.new(color.purple, 0), style=label.style_label_down, textcolor=label_color, size=label_size) // --- Define movement strength conditions for alerts --- // Different alert triggers based on angle magnitude (weak, strong, very strong crossover). strong_movement = (angle_deg > 30) or (angle_deg < -30) weak_movement = (math.abs(angle_deg) < 5) very_strong_movement = (math.abs(angle_deg) > 45) // --- Set up alert conditions --- // These alerts help traders react to strong or weak trend changes. alertcondition(strong_movement, title="Strong Cross", message="SMA 8-18 Strong Angle Cross Detected!") alertcondition(weak_movement, title="Weak Cross", message="SMA 8-18 Weak Angle Cross Detected!") alertcondition(very_strong_movement, title="Very Strong Cross", message="SMA 8-18 Very Strong Angle Cross Detected!")
Pine Script® indicator
by ozgurhan
Zweig Breadth ThrustZweig Breadth Thrust Detector This indicator tracks one of the rarest and most powerful bullish signals in market history: the Zweig Breadth Thrust. It calculates the 10-day moving average of NYSE advancing stocks divided by the sum of advancing and declining stocks. When the breadth reading surges from deeply oversold (<0.40) to explosively bullish (>0.615) within just 10 trading days, it signals a momentum reset so intense that it often marks the start of major new bull runs. Zweig Thrusts are extremely rare — but when they occur, historical odds favor significant market gains over the next 6 to 12 months. This tool doesn't just chase price — it measures raw internal strength across the entire market. When the masses panic, and the army of stocks surges together — that's when legends are made.
Pine Script® indicator
by deathburka
RSI Divergence pro with Bollinger Band Full ControlRSI Divergence with MA9 & WMA45 Description: This indicator identifies both regular and hidden RSI divergences based on pivot highs and lows of the RSI. It plots: The RSI line, along with two optional moving averages: SMA (MA9): for smoothing short-term RSI movements. WMA (WMA45): for broader RSI trend detection. It visually marks divergence signals directly on the RSI pane: Bullish Divergence → "Bull" label Hidden Bullish Divergence → "H Bull" label Bearish Divergence → "Bear" label Hidden Bearish Divergence → "H Bear" label The indicator includes the following features: Adjustable RSI period, source, and divergence lookback settings. Optional display of MA9 and WMA45 on the RSI. Customizable colors for bullish, bearish, hidden divergence signals. Overbought and oversold zones are shown at 70 and 30, with a background fill for easy visualization. Built-in alert conditions trigger notifications when divergences are detected. This script is useful for traders looking to anticipate trend reversals by spotting RSI divergences in combination with moving average smoothing.
Pine Script® indicator
by muathuquadi1711
Merged: Range Filter & Smart Envelope//@version=5 indicator("Merged: Range Filter & Smart Envelope", overlay=true, max_lines_count=500, max_labels_count=500) // ==================== Range Filter Settings ==================== // Color variables upColor = color.white midColor = #90bff9 downColor = color.blue // Source src = input(defval=close, title="Source") // Sampling Period per = input.int(defval=100, minval=1, title="Sampling Period") // Range Multiplier mult = input.float(defval=3.0, minval=0.1, title="Range Multiplier") // Smooth Average Range smoothrng(x, t, m) => wper = t * 2 - 1 avrng = ta.ema(math.abs(x - x ), t) smoothrng = ta.ema(avrng, wper) * m smoothrng smrng = smoothrng(src, per, mult) // Range Filter rngfilt(x, r) => rngfilt = x rngfilt := x > nz(rngfilt ) ? x - r < nz(rngfilt ) ? nz(rngfilt ) : x - r : x + r > nz(rngfilt ) ? nz(rngfilt ) : x + r rngfilt filt = rngfilt(src, smrng) // Filter Direction upward = 0.0 upward := filt > filt ? nz(upward ) + 1 : filt < filt ? 0 : nz(upward ) downward = 0.0 downward := filt < filt ? nz(downward ) + 1 : filt > filt ? 0 : nz(downward ) // Target Bands hband = filt + smrng lband = filt - smrng // Colors filtcolor = upward > 0 ? upColor : downward > 0 ? downColor : midColor barcolor = src > filt and src > src and upward > 0 ? upColor : src > filt and src < src and upward > 0 ? upColor : src < filt and src < src and downward > 0 ? downColor : src < filt and src > src and downward > 0 ? downColor : midColor filtplot = plot(filt, color=filtcolor, linewidth=2, title="Range Filter") // Target hbandplot = plot(hband, color=color.new(upColor, 70), title="High Target") lbandplot = plot(lband, color=color.new(downColor, 70), title="Low Target") // Fills fill(hbandplot, filtplot, color=color.new(upColor, 90), title="High Target Range") fill(lbandplot, filtplot, color=color.new(downColor, 90), title="Low Target Range") // Bar Color barcolor(barcolor) // Break Outs longCond = bool(na) shortCond = bool(na) longCond := src > filt and src > src and upward > 0 or src > filt and src < src and upward > 0 shortCond := src < filt and src < src and downward > 0 or src < filt and src > src and downward > 0 CondIni = 0 CondIni := longCond ? 1 : shortCond ? -1 : CondIni longCondition = longCond and CondIni == -1 shortCondition = shortCond and CondIni == 1 // ==================== Smart Envelope with Stochastic RSI ==================== h_env = input.float(8., 'Bandwidth', minval = 0) mult_env = input.float(3., minval = 0) repaint = input(true, 'Repainting Smoothing') // Stochastic RSI Settings smoothK = input.int(3, "K", minval=1) smoothD = input.int(3, "D", minval=1) lengthRSI = input.int(14, "RSI Length", minval=1) lengthStoch = input.int(14, "Stochastic Length", minval=1) rsi1 = ta.rsi(src, lengthRSI) k = ta.sma(ta.stoch(rsi1, rsi1, rsi1, lengthStoch), smoothK) d = ta.sma(k, smoothD) // Nadaraya-Watson Envelope Functions gauss(x, h) => math.exp(-(math.pow(x, 2)/(h * h * 2))) var coefs = array.new_float(0) var den = 0. if barstate.isfirst and not repaint for i = 0 to 499 w = gauss(i, h_env) coefs.push(w) den := coefs.sum() out = 0. if not repaint for i = 0 to 499 out += src * coefs.get(i) out /= den mae = ta.sma(math.abs(src - out), 499) * mult_env upper_env = out + mae lower_env = out - mae // Compute and display NWE n = bar_index var float y2 = na var float y1 = na nwe = array.new(0) if barstate.islast and repaint sae = 0. for i = 0 to math.min(499,n - 1) sum = 0. sumw = 0. for j = 0 to math.min(499,n - 1) w = gauss(i - j, h_env) sum += src * w sumw += w y2 := sum / sumw sae += math.abs(src - y2) nwe.push(y2) sae := sae / math.min(499,n - 1) * mult_env for i = 0 to math.min(499,n - 1) if i % 2 line.new(n-i+1, y1 + sae, n-i, nwe.get(i) + sae, color=color.teal) line.new(n-i+1, y1 - sae, n-i, nwe.get(i) - sae, color=color.red) y1 := nwe.get(i) // Plot Nadaraya-Watson Envelope plot(repaint ? na : out + mae, 'Upper Envelope', color=color.teal) plot(repaint ? na : out - mae, 'Lower Envelope', color=color.red) // Stochastic RSI Plot plot(k, "Stochastic RSI K", color=color.blue) plot(d, "Stochastic RSI D", color=color.orange) h0 = hline(80, "Upper Band", color=color.gray) hline(50, "Middle Band", color=color.new(color.gray, 50)) h1 = hline(20, "Lower Band", color=color.gray) fill(h0, h1, color=color.rgb(33, 150, 243, 90), title="Stochastic RSI Background") // ==================== Combined Signal Logic ==================== // Enhanced Signal Confirmation ma_length = input.int(20, "Filter Moving Average Length", minval=1) ma = ta.sma(close, ma_length) // Combined Buy Signal: Range Filter + Stochastic RSI + Envelope combined_buy = (longCondition or (ta.crossover(k, d) and close > upper_env)) and close > ma combined_sell = (shortCondition or (ta.crossunder(k, d) and close < lower_env)) and close < ma // Plot combined signals with higher priority plotshape(combined_buy, "Combined Buy", shape.labelup, location.belowbar, color=color.green, size=size.normal, text="STRONG BUY") plotshape(combined_sell, "Combined Sell", shape.labeldown, location.abovebar, color=color.red, size=size.normal, text="STRONG SELL") // Original signals (lower priority) plotshape(longCondition and not combined_buy, "Buy Signal", shape.labelup, location.belowbar, color=color.lime, size=size.small, text="BUY") plotshape(shortCondition and not combined_sell, "Sell Signal", shape.labeldown, location.abovebar, color=color.maroon, size=size.small, text="SELL") // Plot the moving average filter line plot(ma, "Filter MA", color=color.purple, linewidth=2) // Alerts alertcondition(combined_buy, title="Strong Buy Alert", message="Strong Buy Signal") alertcondition(combined_sell, title="Strong Sell Alert", message="Strong Sell Signal")
Pine Script® indicator
by weup0
Market Breadth Ratios OverlayThis overlay indicator displays the up/down volume breadth ratio for both the NYSE and NASDAQ directly on your chart. Ratios are calculated using volume data from: USI:UVOL, USI:DVOL (NYSE) USI:UVOLQ, USI:DVOLQ (NASDAQ) A green label indicates more up volume than down volume (bullish breadth). A red label indicates more down volume than up volume (bearish breadth). Labels update every 10 bars and are anchored to the candle’s high (NYSE) and low (NASDAQ). Negative ratios are inverted and displayed as -D:U to maintain a consistent “X:1” format. Use this tool to assess whether institutional buying pressure is broad-based across exchanges — a valuable layer of confirmation for directional bias.
Pine Script® indicator
by vizhal007
Breadth-Driven Swing StrategyWhat it does This script trades the S&P 500 purely on market breadth extremes: • Data source : INDEX:S5TH = % of S&P 500 stocks above their own 200-day SMA (range 0–100). • Buy when breadth is washed-out. • Sell when breadth is overheated. It is long-only by design; shorting and ATR trailing stops have been removed to keep the logic minimal and transparent. ⸻ Signals in plain English 1. Long entry A. A 200-EMA trough in bread­th is printed and the trough value is ≤ 40 %. or B. A 5-EMA trough appears, its prominence passes the user threshold, and the lowest breadth reading in the last 20 bars is ≤ 20 %. (Toggle this secondary trigger on/off with “ Enter also on 5-EMA trough ”.) 2. Exit (close long) First 200-EMA peak whose breadth value is ≥ 70 %. 3. Risk control A fixed stop-loss (% of entry price, default 8 %) is attached to every long trade. ⸻ Key parameters (defaults shown) • Long EMA length 200 • Short EMA length 5 • Peak prominence 0.5 pct-pts • Trough prominence 3 pct-pts • Peak level 70 % • Trough level 40 % • 5-EMA trough level 20 % • Fixed stop-loss 8 % • “Enter also on 5-EMA trough” = true (allows additional entries on extreme momentum reversals) Feel free to tighten or relax any of these thresholds to match your risk profile or account for different market regimes. ⸻ How to use it 1. Load the script on a daily SPX / SPY chart. (The price chart drives order execution; the breadth series is pulled internally and does not need to be on the chart.) 2. Verify the breadth feed. INDEX:S5TH is updated after each session; your broker must provide it. 3. Back-test across several cycles. Two decades of daily data is recommended to see how the rules behave in bear markets, range markets, and bull trends. 4. Adjust position sizing in the Properties tab. The default is “100 % of equity”; change it if you prefer smaller allocations or pyramiding caps. ⸻ Why it can help • Breadth signals often lead price, allowing entries before index-level momentum turns. • Simple, rule-based exits prevent “waiting for confirmation” paralysis. • Only one input series—easy to audit, no black-box math. Trade-offs • Relies on a single breadth metric; other internals (advance/decline, equal-weight returns, etc.) are ignored. • May sit in cash during shallow pullbacks that never push breadth ≤ 40 %. • Signals arrive at the end of the session (breadth is EoD data). ⸻ Disclaimer This script is provided for educational purposes only and is not financial advice. Markets are risky; test thoroughly and use your own judgment before trading real money. ストラテジー概要 本スクリプトは S&P500 のマーケットブレッド（内部需給） だけを手がかりに、指数をスイングトレードします。 • ブレッドデータ : INDEX:S5TH （S&P500 採用銘柄のうち、それぞれの 200 日移動平均線を上回っている銘柄比率。0–100 %） • 買い : ブレッドが極端に売られたタイミング。 • 売り : ブレッドが過熱状態に達したタイミング。 余計な機能を削り、ロングオンリー & 固定ストップ のシンプル設計にしています。 ⸻ シグナルの流れ 1. ロングエントリー • 条件 A : 200-EMA がトラフを付け、その値が 40 % 以下 • 条件 B : 5-EMA がトラフを付け、       ・プロミネンス条件を満たし       ・直近 20 本のブレッドス最小値が 20 % 以下 • B 条件は「5-EMA トラフでもエントリー」を ON にすると有効 2. ロング決済 最初に出現した 200-EMA ピーク で、かつ値が 70 % 以上 のバーで手仕舞い。 3. リスク管理 各トレードに 固定ストップ（初期価格から 8 %）を設定。 ⸻ 主なパラメータ（デフォルト値） • 長期 EMA 長さ : 200 • 短期 EMA 長さ : 5 • ピーク判定プロミネンス : 0.5 %pt • トラフ判定プロミネンス : 3 %pt • ピーク水準 : 70 % • トラフ水準 : 40 % • 5-EMA トラフ水準 : 20 % • 固定ストップ : 8 % • 「5-EMA トラフでもエントリー」 : ON 相場環境やリスク許容度に合わせて閾値を調整してください。 ⸻ 使い方 1. 日足の SPX / SPY チャート にスクリプトを適用。 2. ブレッドデータの供給 (INDEX:S5TH) がブローカーで利用可能か確認。 3. 20 年以上の期間でバックテスト し、強気相場・弱気相場・レンジ局面での挙動を確認。 4. 資金配分 は プロパティ → 戦略実行 で調整可能（初期値は「資金の 100 %」）。 ⸻ 強み • ブレッドは 価格より先行 することが多く、天底を早期に捉えやすい。 • ルールベースの出口で「もう少し待とう」と迷わずに済む。 • 入力 series は 1 本のみ、ブラックボックス要素なし。 注意点・弱み • 単一指標に依存。他の内部需給（A/D ライン等）は考慮しない。 • 40 % を割らない浅い押し目では機会損失が起こる。 • ブレッドは終値ベースの更新。ザラ場中の変化は捉えられない。 ⸻ 免責事項 本スクリプトは 学習目的 で提供しています。投資助言ではありません。 実取引の前に必ず自己責任で十分な検証とリスク管理を行ってください。
Pine Script® strategy
by Monty_trader