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Breadth Indicators

WPT | Whale Pulse Trading🚀 WPT | Whale Pulse Trading System The Whale Pulse Trading System (WPT) is a comprehensive and precise trading indicator designed for various financial markets including cryptocurrencies, stocks, forex, and more. This powerful tool combines key technical indicators and market sentiment analysis to help you identify major trends and phases of fear 😨 and greed 🤑, providing low-risk, high-reward entry and exit signals. At its core are three Simple Moving Averages (SMA) — periods 9, 25, and 99 — which provide a clear picture of short-, mid-, and long-term trends. This multi-timeframe analysis allows you to spot trend changes and price behavior quickly and effectively. The indicator also uses a 14-period RSI to detect emotional market extremes like overbought and oversold conditions. Additionally, volume and volatility analysis through Volume SMA and ATR (Average True Range) highlight important volume spikes 📈 and sudden volatility surges ⚡️, which often lead to strong price movements. One of WPT’s unique strengths is its multi-bar confirmation system ✅ — signals are triggered only when conditions hold true over consecutive bars, reducing false signals and boosting your confidence in trades. The indicator comes with an automated risk management system ⚖️ that calculates stop loss and take profit levels based on ATR and your chosen risk-to-reward ratio. This means you get precise exit points 🎯 to protect your capital and maximize profits, all without manual calculations. Designed for simplicity and clarity, WPT uses color-coded visual signals 🌈 and a textual legend to give you quick insights into market sentiment, helping you make smart, timely decisions. Whether you’re a scalper, swing trader, or long-term investor, WPT is fully customizable to fit your trading style and acts as a powerful companion to your existing strategies. ✨ Key Features of WPT: 📊 Three SMAs (9, 25, 99) for multi-timeframe trend detection 📉 RSI to spot market emotions: Fear 😨 and Greed 🤑 🔥 Volume and volatility spikes detection for critical market moves ✅ Multi-bar confirmation to improve signal accuracy 🎯 Automatic stop loss and take profit calculation based on ATR and risk-reward ratio 🌈 Clear color coding and textual legend for easy reading on chart 🌍 Suitable for crypto, stocks, forex, and more 🔗 Easily integrates with other trading tools and strategies ⚙️ Customizable inputs for personalized trading preferences 🔗 Official Channels & Resources: 🎥 YouTube: www.youtube.com 💬 Telegram: t.me 🎧 Discord: discord.gg 📈 TradingView: www.tradingview.com 🌐 CoinMarketCap: coinmarketcap.com 📸Instagram : instagram.com ⚠️ Important Note: For the best results, use WPT alongside other technical and fundamental tools and always practice proper risk management. While no indicator can guarantee 100% success, WPT’s advanced design can significantly enhance your trading edge. If you have any questions or want tutorials, reach out to us on our official channels! We’re here to help you succeed in the markets 🚀💰.
Pine Script® indicator
by dfpksk
WPT | Whale Pulse Trading 🚀 WPT | Whale Pulse Trading System The Whale Pulse Trading System (WPT) is a comprehensive and precise trading indicator designed for various financial markets including cryptocurrencies, stocks, forex, and more. This powerful tool combines key technical indicators and market sentiment analysis to help you identify major trends and phases of fear 😨 and greed 🤑, providing low-risk, high-reward entry and exit signals. At its core are three Simple Moving Averages (SMA) — periods 9, 25, and 99 — which provide a clear picture of short-, mid-, and long-term trends. This multi-timeframe analysis allows you to spot trend changes and price behavior quickly and effectively. The indicator also uses a 14-period RSI to detect emotional market extremes like overbought and oversold conditions. Additionally, volume and volatility analysis through Volume SMA and ATR (Average True Range) highlight important volume spikes 📈 and sudden volatility surges ⚡, which often lead to strong price movements. One of WPT’s unique strengths is its multi-bar confirmation system ✅ — signals are triggered only when conditions hold true over consecutive bars, reducing false signals and boosting your confidence in trades. The indicator comes with an automated risk management system ⚖️ that calculates stop loss and take profit levels based on ATR and your chosen risk-to-reward ratio. This means you get precise exit points 🎯 to protect your capital and maximize profits, all without manual calculations. Designed for simplicity and clarity, WPT uses color-coded visual signals 🌈 and a textual legend to give you quick insights into market sentiment, helping you make smart, timely decisions. Whether you’re a scalper, swing trader, or long-term investor, WPT is fully customizable to fit your trading style and acts as a powerful companion to your existing strategies. ✨ Key Features of WPT: 📊 Three SMAs (9, 25, 99) for multi-timeframe trend detection 📉 RSI to spot market emotions: Fear 😨 and Greed 🤑 🔥 Volume and volatility spikes detection for critical market moves ✅ Multi-bar confirmation to improve signal accuracy 🎯 Automatic stop loss and take profit calculation based on ATR and risk-reward ratio 🌈 Clear color coding and textual legend for easy reading on chart 🌍 Suitable for crypto, stocks, forex, and more 🔗 Easily integrates with other trading tools and strategies ⚙️ Customizable inputs for personalized trading preferences 🔗 Official Channels & Resources: 🎥 YouTube: (www.youtube.com) 💬 Telegram: (t.me) 🎧 Discord: (discord.gg) 📈 TradingView: (www.tradingview.com) 🌐 CoinMarketCap: (coinmarketcap.com) ⚠️ Important Note: For the best results, use WPT alongside other technical and fundamental tools and always practice proper risk management. While no indicator can guarantee 100% success, WPT’s advanced design can significantly enhance your trading edge. If you have any questions or want tutorials, reach out to us on our official channels! We’re here to help you succeed in the markets 🚀💰.
Pine Script® indicator
by dfpksk
Key Trading Session Times (UK) with DST Adjust//@version=5 indicator("Key Trading Session Times (UK) with DST Adjust", overlay=true) // === Inputs === showAsia = input.bool(true, "Show Asia Session (12 AM – 6 AM UK)") showLondon = input.bool(true, "Show London Open (6:30 AM – 9 AM UK)") showNY = input.bool(true, "Show NY Open (1 PM – 3 PM UK)") // === DST Adjustment Logic === // Define the start and end of daylight saving time (DST) isDST = (month >= 3 and month <= 10) // DST from March to October // === Time Ranges (Europe/London) with DST Adjustment === inSession(sessionStartHour, sessionStartMinute, sessionEndHour, sessionEndMinute) => t = time("1", "Europe/London") sessionStart = timestamp("Europe/London", year(t), month(t), dayofmonth(t), sessionStartHour, sessionStartMinute) sessionEnd = timestamp("Europe/London", year(t), month(t), dayofmonth(t), sessionEndHour, sessionEndMinute) if isDST sessionStart := sessionStart + 3600 // Add 1 hour during DST sessionEnd := sessionEnd + 3600 // Add 1 hour during DST time >= sessionStart and time <= sessionEnd // === Define Sessions === asiaSession = inSession(0, 0, 6, 0) londonSession = inSession(6, 30, 9, 0) nySession = inSession(13, 0, 15, 0) // === Background Highlights === bgcolor(showAsia and asiaSession ? color.new(color.blue, 85) : na, title="Asia Session") bgcolor(showLondon and londonSession ? color.new(color.green, 85) : na, title="London Session") bgcolor(showNY and nySession ? color.new(color.orange, 85) : na, title="New York Session")
Pine Script® indicator
by frazerlittle
MACDPro💥 MACDPro — Clean & Incredibly Clear Trend Indicator 💥 MACDPro is your ultimate trading ally. Forget overloaded charts and messy signals — this tool is built for clarity, simplicity, and powerful signals. Designed for both beginners and experienced traders who value clean visuals and no-BS signals, MACDPro helps you see the market clearly and act with confidence. 🧠 What Makes MACDPro Special: Clean visuals – only what matters: histogram and signal line, no clutter. Crystal-clear signals – easy-to-read crossovers and momentum shifts. Multi-timeframe optimized – works flawlessly from scalping to swing trading. Universal use – whether it’s crypto, gold, forex, or indices — MACDPro delivers. Efficient code – smooth, fast, and accurate without unnecessary calculations. ⚙️ How to Use: 🔄 Signal line crossover – spot entries and exits with confidence. 📉 Histogram shift – catch trend reversals and momentum changes. 🔍 (Optional) Divergence detection – advanced edge for spotting early market shifts. MACDPro is what MACD was meant to be — clean, powerful, and effective. No noise. Just performance. Just results.
Pine Script® indicator
by framik78
ATS Net Volume EXPERT V5.0Professional-grade version, and it can index data from other cycles within the current cycle, allowing observation of the status of other cycles in a single chart. This is a fully quantitative auxiliary chart indicator. Values above the zero line represent net inflow status and the magnitude of net inflow, while values below the zero line indicate net outflow status and the magnitude of net outflow. Changes in net volume often signal trend reversals and emerging opportunities. This fully quantitative indicator serves as a powerful tool to help you identify these critical signals. By precisely visualizing the dynamic changes in net volume, it provides clear insight into the battle between bullish and bearish forces. 专业级版本，并且可以在当前周期索引其他周期的数据，能在一个图表中观察其他周期所处的状态。 这是基于全量化的副图指标，零轴以上代表净流入状态和净流入的数值，零轴以下代表净流出状态和净流出的数值。净量的变化往往预示着趋势的转折与机遇的来临。这个全量化的指标正是帮助您捕捉这些关键信号的有力工具。通过精准呈现净量的动态变化，它让您清晰看到多空力量的博弈
Pine Script® indicator
by Simon2025_CN
±1% Close BandsBreaking Bad - Walt vs. Jesse Scene: Walter (Bryan Cranston) rages at Jesse (Aaron Paul) over Krazy-8 and Jesse's habit. BUY THE SERIES: www.fandangonow.com Watch the best Breaking Bad scenes: • Breaking Bad | TV Scenes | Rotten Tom... US Air Date: 2008 Network: AMC Starring: Aaron Paul, Bryan Cranston Director: Adam Bernstein © Sony ► Learn more about this show on Rotten Tomatoes: www.rottentomatoes.com #BreakingBad What to Watch Next: ► Certified Fresh TV: bit.ly ► Top TV Dramas: bit.ly ► Most Anticipated Shows: bit.ly ► TV Shows by Channel & Streaming Platform: bit.ly More Rotten Tomatoes: ► Subscribe to ROTTEN TOMATOES TV: bit.ly ► Subscribe to the ROTTEN TOMATOES NEWSLETTER: www.rottentomatoes.com ► Follow us on TWITTER: bit.ly ► Like us on FACEBOOK: bit.ly ► Follow us on INSTAGRAM: bit.ly Rotten Tomatoes TV delivers Fresh TV at a click! Subscribe now for the best trailers, clips, sneak peeks, and binge guides for shows you love and the upcoming series and TV movies that should be on your radar.
Pine Script® indicator
by danielsong2401
ETH Smart Buy/Sell System (With Zones, Labels & Cooldown)"ETH Smart Buy/Sell System (With Zones & Price Labels)" is an intelligent trading indicator that relies on multi-condition technical analysis to generate accurate buy and sell signals based on the fulfillment of 4 out of 5 predefined conditions. It also includes clear price targets and a visible stop-loss. How the Indicator Works: Automatic Support and Resistance Detection: Calculates the lowest low and highest high over a set number of candles (lookback) to define support (lowestLow) and resistance (highestHigh) zones. Multi-Condition Technical Analysis: Buy Conditions (at least 4 must be met): Current price is near a support level. Presence of a bullish reversal candle (e.g., hammer or bullish engulfing). Trading volume is higher than average. RSI is below 35 and showing signs of upward movement. Bullish MACD crossover (MACD line crosses above the signal line). Sell Conditions (same logic): Price is near a resistance level. Bearish reversal candle (e.g., shooting star or bearish engulfing). High trading volume. RSI is above 70 and starting to decline. Bearish MACD crossover. Target and Stop-Loss Identification: When a buy signal appears, an upward target (e.g., +2%) and a stop-loss (e.g., -1%) are displayed. The opposite applies for a sell signal. Visual Signals on the Chart: "BUY" or "SELL" labels appear as arrows on the candles. Labels display the current price, target, and stop-loss. Support and Resistance Levels Visualization: Shown on the chart to help traders understand the broader market context. Automated Alerts: An alert is triggered when a smart buy or sell signal occurs (i.e., when 4 or more conditions are met). Features: Integrates price action, candlestick patterns, technical indicators (RSI, MACD), and volume analysis. Suitable for short timeframes (e.g., 15-minute chart). Provides a semi-automated trading system with clear targets and calculated stop-losses.
Pine Script® indicator
by gamal_asela
Spazz Elite Top SignalsBreadth trust x VIX divergence top signal generator Core Components 1. Breadth Indicators The indicator collects data on the percentage of stocks trading above various moving averages: 2. VIX Analysis The indicator incorporates the VIX (Volatility Index) to detect complacency and potential volatility divergences: Auto-detects the appropriate volatility index for the instrument (VIX for S&P 500, VXN for Nasdaq, etc.) Identifies when VIX is unusually low (market complacency) Detects when price makes new highs but VIX isn't making new lows (bearish divergence) Monitors for VIX bottoming patterns while prices continue to rise POINT SYSTEM FOR SIGNAL GENERATION LOGIC Signal Generation Logic Score Accumulation: Points accumulate over time as warning conditions appear Signal Thresholds: Strong Signal: Score reaches 10 points (moderately concerning) Extreme Signal: Score reaches 15 points (significantly concerning) Signal Suppression: Prevents signal clustering with a 5-bar minimum between signals Resets score entirely after 120 bars with no new warning conditions Signal Display: Strong Signal: Orange arrow above the price bar Extreme Signal: Red arrow above the price bar
Pine Script® indicator
by whitekidspaz
Shark Invest Cá Mập Đen🦈 Shark Invest – The Black Shark In the depths of the financial market… swims the most silent, dangerous kind of shark: The Black Shark. While others chase signals, news, or trend lines, the Black Shark hunts liquidity. It doesn’t follow the market – it creates the moves. It strikes where the crowd feels safest. It buys when fear peaks. It sells into greed. Shark Invest – Black Shark is not just a strategy. It’s a mindset. It’s seeing through the illusion. It’s trading like those who design the traps, not fall into them. Track volume. Trap emotion. Time your bite. Become the predator – not the prey.
Pine Script® indicator
by forex5phut
Market Breadth Toolkit [LuxAlgo]The Market Breadth Toolkit allows traders to use up to 6 different market breadth measures on two different exchanges, for a total of 12 different views of the market. This toolkit includes divergence detection and allows setting custom fixed levels for traders who want to experiment with them. 🔶 USAGE The main idea behind Breadth is to measure the number of advancing and declining issues and/or volume by exchange to have an idea of the underlying strength of the whole exchange. On the other hand, thrusts represent big impulses in the breadth, as it is described by technicians to be the start of a new bullish trend. By default, the Toolkit is set to "Breadth Thrust Zweig", with divergences enabled. We will now explain all the different breadth measures available in the toolkit. 🔹 Deemer Breakaway Momentum The "Breakaway Momentum" is a concept related to market breadth introduced by legendary technical analyst Walter Deemer. As stated on his website: We coined the term "breakaway momentum" in the 1970's to describe this REALLY powerful upward momentum and: We now know that the stock market generates breakaway momentum when the 10-day total advances on the NYSE are greater than 1.97 times the 10-day total NYSE declines OR the 20-day total advances on the NYSE are greater than 1.72 times the 20-day total NYSE declines. As we can see in the chart above, which shows both methods, momentum is identified when the ratio of advancing issues to declining issues is greater than 1.97 for the 10-day average or 1.72 for the 20-day average. 🔹 Zweig Breadth Tools Legendary trader and author Marting Zweig, best known as the author of "Winning on Wall Street" and the creator of the Put/Call Ratio. In this toolkit, we feature two of his other tools: Breadth Thrust: Number of Advancing / (Number of Advancing + Number of Declining Stocks) Market Thrust: (Number of Advancing × Advancing Volume) — (Number of Declining Stocks × Declining Volume) As we can see on the above chart, the Breadth Thrust printed a new signal on April 24, 2025, which is a bullish signal on the daily chart that can last several months, considering the previous signals. On the right side, we have the Market Thrust as the delta between advancing minus declining volume weighted. 🔹 Whaley Measures Wayne Whaley received the 2010 Charles Dow Award from the CMT Association, as stated on their website: "In 1994, the CMT Association established the Charles H. Dow Award to recognize outstanding research in technical analysis." We include two of the tools from this paper: Advance Decline Thrust: Number of Advancing / (Number of Advancing + Number of Declining Stocks) Up/Down Volume Thrust Advancing Volume / (Advancing Volume + Declining Volume) The chart above shows Thrust signals at extreme readings as described in the paper. 🔹 Divergences The divergence detector is enabled by default, traders can disable it and fine-tune the detection length in the settings panel. 🔹 Fixed Levels Traders can adjust the Thrust detection thresholds in the settings panel. In the image above, we can see the Deemer Breakaway Momentum 10 with the original threshold (below) and with the 3.0 threshold (above). 🔶 SETTINGS Breadth: Choose between 6 different breadth thrust measurement methods. Data: Choose between NYSE or NASDAQ exchanges. Divergences: Enable/Disable divergences and select the length detection. 🔹 Levels Use Fixed Levels: Enable/Disable Fixed Levels. Top Level: Select the top-level threshold. Bottom Level: Select bottom level threshold. Levels Style: Choose between dashed, dotted, or solid style. 🔹 Style Breadth: Select breadth colors Divergence: Select divergence colors
Pine Script® indicator
by LuxAlgo
3
M2SL/DXY vs Crypto//@version=5 indicator("M2SL/DXY vs Crypto", shorttitle="M2SL/DXY", timeframe="", timeframe_gaps=true) // 定义 SMA 的周期 sma_length = input.int(20, title="SMA Length", minval=1) // 默认改为20，如果确实需要原始值，可以改回1 // 获取数据 // 注意：M2SL 通常是周度或月度数据。在日线图等低周期图表上，它会保持不变直到新数据发布。 m2sl_raw = request.security("FRED:M2SL", timeframe.period, close) dxy_raw = request.security("TVC:DXY", timeframe.period, close) // 计算 SMA (如果 sma_length > 1) m2sl_sma = ta.sma(m2sl_raw, sma_length) dxy_sma = ta.sma(dxy_raw, sma_length) // 计算比率 // 使用平滑后的数据进行比率计算 ratio = m2sl_sma / dxy_sma // 或者，先计算比率，再平滑比率 (这是另一种方法，结果会不同) // ratio_raw = m2sl_raw / dxy_raw // ratio_smoothed = ta.sma(ratio_raw, sma_length) // 绘制结果 // 解释 offset: 正数向右（未来）平移，负数向左（过去）平移 // offset = 77 是一个非常大的向前平移，请确认是否需要。如果不需要，设为 0 或注释掉。 plot_offset = input.int(0, title="Plot Offset", tooltip="Positive shifts plot to the right (future), negative to the left (past). 77 is a large forward shift.") plot(ratio, title="M2SL/DXY Ratio", color=color.new(color.blue, 0), linewidth=2, offset=plot_offset) // 如果你想看到 M2SL 和 DXY 的原始值或SMA值进行调试或比较，可以取消注释下面的行 // plot(m2sl_sma, "M2SL SMA", color.orange) // plot(dxy_sma, "DXY SMA", color.green)
Pine Script® indicator
by FUjason888
Melon_Mask_Signal v3.9📈 Melon_Mask_Signal v3.9 – Smart Buy/Sell Logic with OBV, RSI & Exhaustion Triggers Melon_Mask_Signal v3.9 is a refined technical trading indicator designed for high-probability entry and exit signals in both trending and ranging markets. This version integrates classic volume and momentum principles with intelligent cooldowns and volatility triggers, making it ideal for swing trading on any time frame. 🔍 Core Features Buy Conditions ✅ A buy signal is triggered when one or more of the following conditions are met: OBV drops below its Bollinger Band lower bound, with RSI < 35 and BB breakdown. Recovery setups: RSI between 60~75, OBV above midline, and price above EMA20/EMA50. Pullback bounce: price reclaims EMA20 with volume. Breakout: price breaks recent highs with 2x volume. RSI Double Bottom + OBV Divergence pattern. Volatility squeeze breakout from BB with strong volume. New: RSI bounce from oversold (<30) + OBV rising + close above EMA20 (🟣 label). ⚠️ A buy cooldown is enforced: no BUY signals are allowed within 3 bars after any SELL signal to prevent whipsaw re-entries. Sell Conditions 🚨 Sell signals appear under one or more of the following: RSI > 67 and OBV near Bollinger upper bound. Momentum reversal: RSI down + OBV falling + red candle (⛔ label). Bearish exhaustion: sharp volume spike + price weakening >0.3% (📉 label). Top Detection: lower high structure + OBV peak + high volume with loss candle (⛰️ label). 📉 Risk Management Forced Exit (⚠️): If OBV crashes below lower band AND RSI drops below 35, the position is exited regardless of gain/loss. No re-entry allowed within 3 bars after a SELL. Win/Loss labels printed directly (✅ WIN / ❌ LOSE) with automatic trade status tracking. 🧠 Visual Cues Labels: 🟢 BUY, 🔴 SELL, ⛔, 📉, ⛰️, 🎯, 🔁, 🟣, 🚀 Plot: EMA20/50/100, Bollinger Bands (price and OBV) Background shaded during active trade 🧪 Performance Tested and tuned across 5m ~ 4h charts, the indicator has consistently achieved >70% signal accuracy when paired with disciplined trade management and proper risk control. 📌 Notes This script is fully commented and modular, making it easy to customize entry/exit logic, stop loss ideas, or integrate with alert systems.
Pine Script® indicator
by Melon_Mask84
PER x RangeThis Pine Script calculates the target price of the Nikkei Average based on the EPS (Earnings Per Share) and different PER (Price-to-Earnings Ratio) multiples ranging from 17.5x to 12x, in increments of 0.5x. It then plots these target prices on the chart. Key Features: Input EPS: You can manually input the current EPS value of the Nikkei Average (the example uses 2380, but you can replace it with the actual EPS). PER Multiples Calculation: The script calculates target prices for different PER multiples (17.5x, 17x, 16.5x, ..., down to 12x). Plotting Target Prices: The calculated target prices (EPS * PER) are plotted on the chart as blue lines, showing you different target price scenarios based on varying PER multiples.
Pine Script® indicator
by Komc
CoinWise - DivergencesCOINWISE DIVERGENCES Detects hidden shifts between price and underlying momentum 🔹 What Is It? Why Does It Matter? The CoinWise Divergences Indicator is designed to uncover critical moments where price action and momentum separate. By identifying both regular divergences and hidden divergences , it offers traders an early warning system for potential reversals, trend continuations, or exhaustion points. Where most indicators react after the fact, divergences give you a front-row seat to where momentum might fail or accelerate. Whether you are confirming the strength behind a breakout, spotting hidden continuation setups, or catching fading moves before the crowd, Divergences deliver a tactical edge at key structural moments. 🔹 Core Components The CoinWise Divergences Indicator scans across multiple oscillators and sources, including: Cumulative Volume Delta ( CVD ) Relative Strength Index ( RSI ) Moving Average Convergence Divergence ( MACD ) Momentum ( MOM ) On Balance Volume ( OBV ) Stochastic Oscillator ( STK ) Money Flow Index ( MFI ) Volume Weighted Moving Average ( VWMA ) Chaikin Money Flow ( CMF ) External Source ( Custom Indicator Inputs ) It detects: Regular Divergences: Suggesting potential trend reversals. Hidden Divergences: Indicating trend continuation. The system overlays divergence lines either directly on the oscillator window or optionally on the main price chart for full flexibility . Both bullish and bearish patterns are automatically color-coded for fast, clear recognition 🔹 Customization and Settings CoinWise Divergences is fully adjustable to fit any trading style: Oscillator Selection: Choose from a wide range of built-in or external sources. Pivot Depth Control: Define how many historical pivots are analyzed for divergence matching. Data Basis: Select between High/Low or Open/Close pivots for divergence detection. Maximum Bar Distance: Control how far apart divergence points can be, allowing tighter or looser matching. Main Chart Plotting: Enable divergence lines to be shown directly on the main chart alongside price candles. Visual Styling: Customize the thickness, color, transparency, and visual separation between regular and hidden divergences. Oscillator Specific Settings: Fine-tune input parameters like length, source, smoothing method, and calculation basis for each oscillator independently. 🔹 Practical Application CoinWise Divergences is a precision tool for both discretionary and systematic traders use it to: Detect early signs of trend reversal when momentum weakens against price direction. Confirm pullbacks and continuation setups in strong trends via hidden divergence detection. Spot exhaustion before the broader market reacts, gaining superior entry and exit points. Integrate multiple timeframes for stacking divergences for the highest-probability plays. By surfacing these hidden behavioral clues between price and underlying market participation, Divergences help you trade smarter where imbalance begins, not where it’s already priced in.
Pine Script® indicator
by davidant90
XAUUSD Scalping IndicatorKey Features: Moving Averages: The script calculates two simple moving averages (SMA) for price. Trade Signals: Buy signals are generated when the fast MA crosses above the slow MA. Sell signals occur when the fast MA crosses below the slow MA. Labels: Displays "BUY" and "SELL" labels on the chart next to the respective candles. Stop Loss and Take Profit: The script calculates these based on a 1% movement from the entry price for illustrative purposes. Important Considerations: You can adjust the percentage for stop loss and take profit to fit your trading strategy. Make sure to test this indicator on the appropriate time frame (like 5-minute or 15-minute) for scalping XAUUSD.
Pine Script® indicator
by Dr_No_Lambo