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AZ Trader V3.0AZ Trader – Trading from A to Z AZ Trader is a professional all-in-one trading indicator designed to simplify market decisions and highlight high-quality trade opportunities. Built on advanced price structure analysis combined with momentum and volatility filtering, AZ Trader focuses on delivering clean, precise, and actionable signals while reducing market noise. The indicator supports multiple trading styles: Scalping Intraday trading Swing trading AZ Trader works across all timeframes and markets, including forex, gold, indices, and cryptocurrencies. Key benefits: High-confidence trade setups Reduced false signals Clear entries with logical trade management Clean chart without unnecessary indicators This script is Invite-Only. Access is limited and the source code is fully protected. --- AZ Trader – التداول من الاف الى الياء AZ Trader هو مؤشر تداول احترافي شامل، مصمم لتبسيط قرارات التداول وإبراز فرص تداول عالية الجودة بوضوح. يعتمد المؤشر على تحليل متقدم لهيكل السعر مع دمج الزخم وفلترة التقلبات، ليقدم إشارات دقيقة، واضحة، وقابلة للتنفيذ مع تقليل تشويش السوق. يدعم AZ Trader عدة أساليب تداول: السكالبينغ التداول اليومي التداول متوسط المدى يعمل على جميع الفريمات والأسواق، بما فيها الفوركس، الذهب، المؤشرات، والعملات الرقمية. أهم المميزات: صفقات بثقة أعلى تقليل الإشارات الخاطئة نقاط دخول واضحة وإدارة صفقة منطقية شارت نظيف بدون ازدحام المؤشر Invite-Only والوصول إليه محدود مع حماية كاملة للكود.
Pine Script® indicator
by aztrader30
TX Ultra Zone Consolidation Detector## TX Ultra Zone Consolidation Detector ## Overview TX Ultra Zone is an advanced market structure utility designed to automatically detect periods of consolidation, indecision, and sideways movement. By isolating ranging markets, it helps traders avoid "choppy" conditions and prepare for high-probability breakouts. What It Does Automatic Detection: Draws visual boxes around price action when volatility compresses. Breakout Projection: Once price breaks the box, it projects a "Shadow Zone" forward. This shadow serves as a key reference for Support-becomes-Resistance (or vice versa) retests. Noise Filtering: Helps you stay out of the market when no clear trend exists. How It Works (Conceptual) The script uses a multi-layer detection engine: Regime Detection: It analyzes market efficiency and volatility (using adaptive logic) to determine if the market is trending or ranging. Geometry Confinement: When a range is detected, the script locks the High and Low boundaries. Expansion & Breakout: The box dynamically expands if price pushes the boundary slightly without a true breakout. A valid breakout closes the box and triggers the Shadow Extension. How to Use Add to Chart: Works best on volatility-sensitive assets (Forex, Crypto, Indices). Wait for the Box: When a Purple Box appears, the market is resting. Do not trade trends inside the box. Trade the Breakout: Wait for a candle close outside the box. Use the Shadow: The Grey Shadow Extension indicates where price might return to "retest" the breakout level. This is often a prime entry zone. Settings & Tuning Detection Engine: Switch between Adaptive Volatility (Standard) or Momentum Compression (Alternative). Zone Threshold: 45-50: Sensitive (More boxes, catches micro-ranges). 55-60: Strict (Only catches very clear, tight consolidation). Shadow Extension: Adjust how far into the future the support/resistance zone is projected. Disclaimer This tool is for educational and analytical purposes only. Past performance does not guarantee future results. Always use proper risk management.
Pine Script® indicator
by Tonzlnxz
TVS #Overview The TVS strategy looks for areas of low volatility or ‘squeezes’ and then relies on momentum to identify a breakout. This is intended to help a trader wait for a consolidation phase before entering a market when energy is released. --- How It Works TVS uses Bollinger Bandwidth as a measure of market compression to define the "squeeze" conditions of low volatility. When the distance between the upper and lower Bollinger Bands contracts below its own average, the indicator flags the market as compressed and color codes candles purple. Once volatility expands and the squeeze ends, TVS toggles on momentum confirmation via RSI: candles light green as bullish momentum is in control and red when bearish momentum takes over. The color system observes strict priority whereby volatility compression overrides all trend signals, with any consideration of direction being subject to the release of the squeeze. Color Priority • Deep Purple: Active squeeze (low volatility) • Green / Red: Squeeze released   – Green: Bullish   – Red: Bearish --- Trading Checklist -Purple candles? → Market is compressing -Purple ended?→ Breakout phase -Green or Red? → Direction confirmed -Near key structure? → Manual validation Settings and Usage Timeframes: 15m–Daily Best Markets: Forex majors, liquid stocks Inputs: length (BB basis), mult (band sensitivity) Risk Notes: Squeezes can fail and reverse No built-in stop-loss News reduces signal reliability Risk Management is mandatory.
Pine Script® indicator
by Ericem
Stable MES Fakeout AlertHow to read the new Dashboard Bright Red Cell: The market is at +1000 or higher. This is your "Don't Buy/Start Shorting" zone. Bright Green Cell: The market is at -1000 or lower. This is your "Don't Sell/Start Buying" zone. Faded Green/Red: The market is trending but not yet at a mathematical extreme. A Strategy Secret for the Reversal When the Dashboard turns Bright Red (TICK > 1000) and the price hits the Red VWAP Band, don't just market sell. Wait for the TICK value to start dropping (e.g., from 1100 down to 900). Wait for the first Red Candle to close on your 1-minute chart. Place your stop loss just a few ticks above the "swing high" created at the band. This "waiting for the turn" ensures you aren't trying to catch a speeding freight train.
Pine Script® indicator
by aabellini
Ranked Exchange Volume (REV)📊 Ranked Exchange Volume (REV) - Multi-Venue Volume Distribution Visualizer ## Stop Guessing Where the Real Volume Is. See It. Most traders look at aggregate volume and miss the critical story: **where** that volume actually traded. Ranked Exchange Volume (REV) solves this by revealing the complete liquidity landscape across multiple trading venues in a single, elegant visualization. This isn't just another volume indicator—it's a **dynamic stratified histogram** that automatically reorganizes exchange layers by magnitude on every bar, showing you **instant market dominance** at a glance. --- ## 🎯 The Core Innovation: Self-Organizing Volume Layers REV displays volume from up to 10 different exchanges as **stacked, color-coded bars** where the largest volume source literally rises to the top. Watch as exchanges compete for dominance in real-time: - **Largest volume = Top of the bar** (most visible position) - **Smallest volume = Bottom of the bar** (foundation layer) - **Everything in between = Automatically sorted on every candle** This visual hierarchy makes it instantly obvious which venues are leading the market—no mental math required. --- ## ✨ Key Features ### 🔄 **Dynamic Layer Sorting** Unlike static stacked charts, REV uses real-time stratification. If Binance had 60% of volume last bar but Coinbase takes 70% this bar, you'll see Coinbase jump to the top. The hierarchy reflects current reality, not a fixed order. ### 🎨 **10 Fully Customizable Exchange Slots** Each exchange slot offers complete control: - **Enable/Disable toggle** - Turn exchanges on/off without losing your configuration - **Custom prefix** - Track ANY exchange on TradingView (BINANCE, KRAKEN, OANDA, FXCM, etc.) - **Custom suffix** - Specify quote currency (USDT, USD, EUR, or leave blank for stocks/forex) - **Display name** - Control how exchanges appear in the rankings table - **Color selection** - Match your chart theme or use brand colors for instant recognition ### 📊 **Live Rankings Table** A real-time leaderboard shows: - **Rank** - Current position (1 = highest volume) - **Exchange name** - With color-coded background - **Volume** - Intelligently formatted with K/M/B units - **Percentage** - Exact market share **Table positioning:** Choose from 9 screen positions (top/middle/bottom × left/center/right) to keep your chart clean. ### 🧮 **Intelligent Volume Formatting** REV automatically detects volume magnitude and applies the appropriate scale: - **Billions** - Displays as "1.5B" for readability - **Millions** - Displays as "342.8M" - **Thousands** - Displays as "45.2K" - **Full numbers option** - Toggle to see complete values (23,456,789) The scale adjusts per-bar, so you always see the clearest representation. ### 🚨 **Three Built-In Alert Conditions** 1. **Exchange Dominance Alert (>50%)** - Triggers when a single venue controls majority of volume - Signals potential liquidity concentration risk or exchange-specific events 2. **Volume Spike Alert (>2x average)** - Detects unusual aggregate activity across all venues - Catches breakouts, news events, or institutional flow 3. **Liquidity Migration Alert** - Fires when market leadership shifts between exchanges - Reveals arbitrage opportunities or changing market structure ### 📈 **Optional Total Volume Line** Display aggregate volume from all exchanges as a reference overlay with customizable color. --- ## 🌍 Market Compatibility: Beyond Crypto While optimized for cryptocurrency (its primary design), REV works across multiple asset classes: ### ✅ **Cryptocurrency (Perfect Fit)** **Why it excels:** Crypto trades 24/7 across dozens of global exchanges simultaneously. REV reveals true price discovery. **Example configurations:** - **BTC/USDT:** Compare Binance, Coinbase, OKX, Bybit, Kraken, Bitget - **ETH/USD:** Track institutional venues (Coinbase, Kraken, Gemini) vs retail (Binance, Gate.io) - **Altcoins:** Identify which exchanges have the deepest liquidity before placing large orders **Trading applications:** - **Arbitrage detection** - Spot when volume migrates between venues (price differential opportunities) - **Exchange risk** - Don't trade on exchanges with suspiciously low volume - **Whale tracking** - Sudden Coinbase dominance often signals institutional activity - **Market maker identification** - Consistent Binance leadership suggests MM concentration ### ✅ **Forex (Excellent Fit)** **Why it works:** Forex doesn't have centralized exchanges—it trades OTC across multiple broker feeds. REV shows which data providers are seeing the action. **Example configurations:** - **EUR/USD:** Compare OANDA, FXCM, FOREX.COM, FX_IDC, CAPITALCOM - **GBP/JPY:** Track volatility across broker feeds - **Exotics:** Verify liquidity before trading thin pairs **Setup notes:** - Leave **suffix field blank** for forex - Use broker prefixes: OANDA, FXCM, FOREXCOM, FX_IDC, SAXO - Symbol constructs as "OANDA:EURUSD" **Trading applications:** - **Spread verification** - Higher volume feeds typically offer tighter spreads - **News event tracking** - See which brokers capture the most flow during announcements - **Session analysis** - Watch London/NY volume shifts across different providers ### ⚠️ **Stocks (Limited But Useful)** **Where it works:** - **Dual-listed stocks** - Canadian companies on TSX and NYSE - **International ADRs** - Same company, different exchanges - **ETF arbitrage** - Compare volume across regional listings **Example configurations:** - **Shopify (SHOP):** Compare TSX vs NYSE volume - **Alibaba (BABA):** NYSE vs HKEX volume - **European stocks:** Compare primary exchange vs secondary listings **Setup notes:** - Leave **suffix field blank** - Use exchange prefixes: NYSE, NASDAQ, TSX, LSE, XETRA - Note: TradingView doesn't show per-venue volume for U.S. equities (NYSE vs BATS vs ARCA all aggregate) **Limitations:** Most stocks trade primarily on one exchange, so REV is less valuable than in crypto/forex. ### ❌ **Futures (Not Recommended)** Futures contracts differ by exchange (CME's ES ≠ EUREX's FESX), so volume isn't comparable. --- ## 📚 Practical Use Cases ### 1. **Pre-Trade Liquidity Analysis** Before entering a large position, check which exchanges have sufficient volume to fill your order without slippage. **Example:** You want to sell 50 BTC. REV shows Binance has 2,340 BTC volume this hour while a smaller exchange has only 87 BTC. Route your order to Binance for better execution. ### 2. **Exchange Risk Management** Identify "fake volume" or wash trading by comparing venues. **Red flag pattern:** An exchange consistently shows 10x the volume of competitors but with minimal price impact—likely artificial. ### 3. **Arbitrage Opportunity Detection** When volume suddenly concentrates on one exchange, price premiums/discounts often appear. **Alert pattern:** Liquidity Migration alert fires → Check price differences → Execute arb if spread exceeds fees. ### 4. **Institutional Flow Tracking** In crypto, institutions typically use regulated exchanges (Coinbase, Kraken, Gemini). **Pattern to watch:** Coinbase volume spikes to 60%+ dominance → Often precedes directional moves as institutions position. ### 5. **Market Structure Analysis** Watch long-term trends in exchange dominance to understand market evolution. **Example insight:** "Binance's market share has dropped from 70% to 45% over 6 months as traders diversify to OKX and Bybit." ### 6. **Event Response Comparison** During major news events, see which exchanges react first. **Analysis:** If one exchange shows volume spike 5 minutes before others, that feed may have faster news incorporation. --- ## ⚙️ Technical Specifications - **Maximum exchanges:** 10 simultaneous venues - **Sorting algorithm:** Bubble sort (O(n²) but optimal for n=10, prioritizes stability) - **Update frequency:** Real-time, every bar - **Data handling:** Gracefully ignores invalid symbols, treats NA as zero - **Chart type:** Non-overlay (separate pane below price) - **Performance:** Lightweight, no lag on any timeframe --- ## 🚀 Getting Started ### Quick Setup (5 Minutes) **For Crypto Traders (Default Configuration):** 1. Add indicator to any crypto chart (BTC, ETH, SOL, etc.) 2. Works immediately—top 10 exchanges pre-configured 3. Customize colors if desired 4. Position table to your preference **For Forex Traders:** 1. Open any forex pair (EUR/USD, GBP/JPY, etc.) 2. Go to Exchange 1 settings 3. Change prefix to "OANDA" (or your preferred broker) 4. **Clear the suffix field** (leave it blank) 5. Repeat for other exchanges (FXCM, FOREXCOM, FX_IDC, etc.) 6. Disable any unused exchange slots **For Stock Traders (Dual-Listed):** 1. Open a dual-listed stock (e.g., SHOP on TSX) 2. Exchange 1: Prefix = "TSX", Suffix = blank, Name = "Toronto" 3. Exchange 2: Prefix = "NYSE", Suffix = blank, Name = "New York" 4. Disable exchanges 3-10 5. Compare volume distribution ### Advanced Customization **Tracking Regional Markets:** Want to compare Korean vs Japanese crypto exchanges? - Exchange 1: UPBIT (Korean) - Exchange 2: BITHUMB (Korean) - Exchange 3: BITFLYER (Japanese) - Exchange 4: COINCHECK (Japanese) **Isolating Institutional Volume:** Focus only on regulated U.S. exchanges: - Enable: Coinbase, Kraken, Gemini - Disable: All others - Watch for >50% dominance alerts --- ## 👥 Who Is This For? ### ✅ **Perfect for:** - **Crypto day traders** - Need to know where liquidity actually is - **Arbitrage traders** - Spot cross-exchange inefficiencies - **Institutional traders** - Validate execution venues before large orders - **Forex scalpers** - Compare broker feeds for best execution - **Market structure analysts** - Track long-term exchange dominance trends ### ❌ **Less useful for:** - **Long-term investors** who don't care about short-term liquidity - **Single-exchange traders** who never compare venues - **Futures traders** (contracts differ by exchange) --- ## 🎓 Understanding the Visualization **What each colored segment means:** Each horizontal stripe represents one exchange's volume contribution. The **height** of each stripe shows that exchange's volume relative to others. **Reading the pattern:** - **Dominant top layer** (50%+ of bar) = Clear market leader - **Evenly distributed layers** (10-15% each) = Fragmented liquidity - **Sudden layer reorganization** = Liquidity migration event - **Shrinking bottom layers** = Exchanges losing market share **Color coding strategy:** The indicator defaults to exchange brand colors for instant recognition: - Yellow = Binance (their signature gold) - Blue = Coinbase (their brand blue) - Purple = Kraken (their brand purple) - etc. You can customize all colors to match your chart theme. --- ## 🔧 Configuration Tips ### **Best Practices:** 1. **Start with defaults** - Test on BTC/USDT to understand behavior 2. **Disable unused exchanges** - Cleaner visualization, faster computation 3. **Match your trading venues** - Only track exchanges you actually use 4. **Use brand colors initially** - Helps build visual pattern recognition 5. **Enable alerts strategically** - Don't spam yourself; focus on actionable signals ### **Common Mistakes to Avoid:** ❌ Tracking too many irrelevant exchanges (creates visual noise) ❌ Forgetting to clear suffix for forex/stocks (symbol won't construct properly) ❌ Using the same color for multiple exchanges (defeats instant recognition) ❌ Hiding the table permanently (you lose the percentage data) --- ## 📊 Performance Notes - **Lightweight computation** - No impact on chart performance - **Works on all timeframes** - 1-minute to monthly - **Historical analysis** - Full bar history available (max_bars_back=5000) - **Multi-monitor friendly** - Table positioning adapts to any screen layout --- ## 🆕 Future Enhancements (Planned) While the current version is feature-complete, potential additions include: - Volume-weighted average price (VWAP) overlay per exchange - Historical dominance charts (which exchange led most this week/month) - Correlation matrix (do exchanges move together or independently?) **User feedback shapes development** - Comment with your requests! --- ## 💡 Pro Tips ### **Tip 1: The "Whale Exchange" Filter** In crypto, institutions use Coinbase/Kraken. Enable ONLY these two exchanges to isolate professional flow and ignore retail noise. ### **Tip 2: The "Arbitrage Scanner"** Set Liquidity Migration alert on 1-minute timeframe. When it fires, check price across exchanges—often there's a temporary premium/discount. ### **Tip 3: The "Liquidity Gauge"** Before placing a large market order, switch to 5-minute timeframe and check last 10 bars. If your target exchange consistently has <20% of volume, you'll face slippage. ### **Tip 4: The "Market Structure Tracker"** Take screenshots of the table weekly. Over time, you'll see exchange market share trends that reveal fundamental shifts in trader preferences. ### **Tip 5: The "News Event Validator"** During major announcements (Fed decisions, earnings, etc.), watch which exchange shows volume first. That's where informed traders are positioned. --- ## 🎯 Summary **Ranked Exchange Volume (REV) transforms volume analysis from a single number into a complete market microstructure view.** Instead of seeing "1.2M volume," you see: - Binance: 640K (53%) - Coinbase: 280K (23%) - OKX: 180K (15%) - Bybit: 100K (9%) **That's actionable intelligence.** Whether you're executing a large crypto trade, arbitraging forex across brokers, or validating liquidity before buying a dual-listed stock, REV shows you **where the market actually is**—not where you assume it is. --- ## 📖 Quick Reference Card | Feature | What It Does | Why It Matters | |---------|-------------|----------------| | **Dynamic Sorting** | Largest volume rises to top | Instant dominance identification | | **10 Custom Slots** | Track any exchanges | Works for YOUR trading venues | | **Live Rankings** | Real-time leaderboard | Precise market share data | | **Smart Formatting** | Auto K/M/B scaling | Always readable, never cluttered | | **Dominance Alert** | Warns at >50% concentration | Risk management for large orders | | **Migration Alert** | Fires on leadership change | Arbitrage opportunity signal | | **Spike Alert** | Detects 2x volume surges | Breakout/news confirmation | | **Total Line** | Shows aggregate volume | Reference for overall activity | | **Table Positioning** | 9 screen locations | Adapts to your layout | | **Full/Short Toggle** | Complete vs abbreviated numbers | Flexibility for different assets | --- ## ✅ Installation & Support **Install:** Add to your TradingView favorites, apply to any chart **Updates:** Automatic through TradingView **Support:** Comment with questions—active developer community **Like this indicator?** Leave a ⭐ rating and share with fellow traders who need better volume intelligence. --- **🚀 Start seeing the complete volume picture. Add Ranked Exchange Volume to your charts today.**
Pine Script® indicator
by KevinSvenson_
1
MBOR Mongoose Blow-Off Risk DashboardMBOR (Mongoose Blow-Off Risk Dashboard) is a multi-timeframe risk and regime awareness indicator designed to identify late-stage trend exhaustion and structural instability. The tool does not generate buy or sell signals. Instead, it provides contextual information about whether a trend is healthy, extended, or entering a high-risk phase. MBOR is fully asset-agnostic and works across futures, equities, ETFs, crypto, and forex. -------------------------------------------------------------------- HOW IT WORKS MBOR combines normalized momentum, trend extension, and instability measurements into a composite risk score. This score is evaluated across multiple higher timeframes (Daily, 3D, Weekly, Monthly) and displayed in a compact dashboard for quick situational awareness. The primary output answers one question: “Is this trend stable, aging, or structurally fragile?” -------------------------------------------------------------------- REGIME STATES Normal Balanced conditions with no structural stress. Late Trend is extended but still stable. Risk begins to rise. Exhaustion Momentum is stretched and instability increases. Trend continuation is possible, but risk asymmetry grows. Risk Structural instability is elevated. Trend failure becomes possible, though not guaranteed. -------------------------------------------------------------------- HOW TO USE MBOR MBOR is best used as a higher-timeframe filter and risk framework. Common use cases: - Assessing whether late trend entries carry elevated risk - Scaling exposure during extended moves - Avoiding new positions during structurally fragile conditions - Adding macro context to execution-based strategies MBOR does not attempt to predict tops or bottoms and should be used alongside price structure and execution tools. -------------------------------------------------------------------- VISUAL EXAMPLE The published chart example uses Silver Futures (SI1!) on a 3-Day timeframe to demonstrate how MBOR identifies exhaustion and risk during strong upside trends. Despite continued price appreciation, MBOR highlights increasing structural fragility and late-cycle conditions. -------------------------------------------------------------------- FEATURES - Multi-timeframe alignment (D / 3D / W / M) - Composite risk and exhaustion scoring - Flow-style cloud visualization - Regime zone framework - Compact, toggleable dashboard - Clean, non-repainting calculations -------------------------------------------------------------------- NOTES - Pine Script v6 only - No repainting - No external data - Publication-safe and chart-clean This indicator is published in protected mode. MBOR is a risk and regime awareness tool designed to provide higher-timeframe context. It does not generate trade signals and should be used alongside price structure and execution tools. If you have questions about interpretation or usage, please leave a comment on the script page.
Pine Script® indicator
by TheRealMongoose
1
Adaptive Trade Probability Gate (TRADE / NO TRADE) v1.1This indicator is a context and probability filter, not a buy/sell signal. It estimates the real-time probability that a trade will succeed by combining: Broad market conditions (index behavior, volatility, participation) Current stock structure (directional efficiency, relative strength, exploitability) The output is a single decision: TRADE → conditions are favorable; trades have positive expectancy NO TRADE → conditions are hostile; even good setups tend to fail The model adapts automatically to changing markets — it is not tuned to a fixed holding period, strategy, or regime. It reflects whether the market is forgiving or hostile right now, and whether the specific stock is worth engaging. This indicator is designed to be used before entry to: Filter low-quality trades Adjust position size based on probability Set realistic expectations for follow-through It does not generate entries or stops. It helps you decide when to trust your setups and when to stand aside.
Pine Script® indicator
by raghav2493
Market Health Indicator# Market Health Indicator - Documentation ## Overview The Market Health Indicator is a Pine Script technical analysis tool designed for TradingView that evaluates overall market conditions by analyzing the relationship between price and three Exponential Moving Averages (EMAs), as well as the relationships between the EMAs themselves. The indicator provides a quantitative score and actionable investment recommendations. --- ## Purpose This indicator helps traders and investors: - Assess the overall health and trend strength of a market or security - Make informed decisions about position sizing - Identify bullish, bearish, or neutral market conditions - Determine when to increase, reduce, or exit positions --- ## Scoring Methodology ### Scoring System The indicator evaluates **6 conditions**, each contributing either **+1** or **-1** to the total score: #### Price vs EMA Conditions (3 conditions) 1. **Price vs EMA 21** - Price > EMA 21 → +1 - Price < EMA 21 → -1 2. **Price vs EMA 50** - Price > EMA 50 → +1 - Price < EMA 50 → -1 3. **Price vs EMA 100** - Price > EMA 100 → +1 - Price < EMA 100 → -1 #### EMA Relationship Conditions (3 conditions) 4. **EMA 21 vs EMA 100** - EMA 21 > EMA 100 → +1 - EMA 21 < EMA 100 → -1 5. **EMA 21 vs EMA 50** - EMA 21 > EMA 50 → +1 - EMA 21 < EMA 50 → -1 6. **EMA 50 vs EMA 100** - EMA 50 > EMA 100 → +1 - EMA 50 < EMA 100 → -1 ### Total Score Range - **Minimum Score**: -6 (all conditions bearish) - **Maximum Score**: +6 (all conditions bullish) --- ## Market Health Status Based on the total score, the indicator assigns one of five market health statuses: | Score Range | Status | Interpretation | |-------------|--------|----------------| | 4 to 6 | **Strong Bullish** | All or most conditions favor upward momentum | | 2 to 3 | **Bullish** | Majority of conditions are positive | | -1 to 1 | **Neutral** | Mixed signals, no clear directional bias | | -3 to -2 | **Bearish** | Majority of conditions are negative | | -6 to -4 | **Strong Bearish** | All or most conditions favor downward momentum | --- ## Investment Level Recommendations The indicator provides position sizing recommendations based on the score: | Score Range | Investment Level | Action | |-------------|-----------------|--------| | 4 to 6 | **100% Invested** | Maximum exposure - strong bullish conditions | | 2 to 3 | **75% Invested** | High exposure - moderately bullish conditions | | 0 to 1 | **50% Invested** | Moderate exposure - neutral to slightly positive conditions | | Below 0 | **Exit Weak Stocks** | Reduce exposure - bearish conditions, exit underperforming positions | --- ## Installation & Setup ### Installation Steps 1. Open TradingView and navigate to any chart 2. Click on **Pine Editor** at the bottom of the screen 3. Copy the entire Pine Script code 4. Paste it into the Pine Editor 5. Click **"Add to Chart"** ### Configuration Options The indicator includes two customizable settings accessible via the settings gear icon: #### 1. Table Position Choose where the indicator table appears on your chart: - **Top**: top_left, top_center, top_right - **Middle**: middle_left, middle_center, middle_right - **Bottom**: bottom_left, bottom_center, bottom_right **Default**: top_right #### 2. Table Size Adjust the text size of the indicator table: - **tiny**: Smallest text size - **small**: Small text size - **normal**: Standard text size (default) - **large**: Large text size - **huge**: Largest text size **Default**: normal --- ## Understanding the Display ### Table Components The indicator displays a table with the following rows: 1. **Header Row (Colored)** - Left cell: Market Health status - Right cell: Current score out of 6 - Color indicates market condition (green = bullish, yellow = neutral, red = bearish) 2. **Investment Level Row (Blue)** - Shows recommended position sizing based on current score - Helps with portfolio management decisions 3. **Column Headers (Gray)** - "Condition" - describes each evaluation criteria - "Score" - shows the +1 or -1 value 4. **Condition Rows (6 rows)** - Each row shows one of the 6 scoring conditions - Left column: condition description - Right column: score value (+1 in green or -1 in red) --- ## Interpretation Guidelines ### Strong Bullish (Score 4-6) **Characteristics:** - Price trading above all major EMAs - EMAs aligned in bullish order (21 > 50 > 100) - Strong upward momentum **Action:** - Maintain full exposure (100% invested) - Consider adding to winning positions - Look for pullbacks as buying opportunities ### Bullish (Score 2-3) **Characteristics:** - Price above most EMAs - Generally positive EMA alignment - Moderate upward trend **Action:** - Maintain high exposure (75% invested) - Hold existing positions - Be selective with new entries ### Neutral (Score -1 to 1) **Characteristics:** - Mixed signals from price and EMAs - No clear trend direction - Market indecision **Action:** - Reduce exposure to 50% - Wait for clearer signals - Focus on risk management - Consider range-bound strategies ### Bearish (Score -2 to -3) **Characteristics:** - Price below most EMAs - Generally negative EMA alignment - Moderate downward trend **Action:** - Exit weak positions - Reduce overall exposure - Raise cash levels - Protect capital ### Strong Bearish (Score -4 to -6) **Characteristics:** - Price trading below all major EMAs - EMAs aligned in bearish order (21 < 50 < 100) - Strong downward momentum **Action:** - Exit weak stocks immediately - Minimal to no long exposure - Preserve capital - Wait for market conditions to improve --- ## Best Practices ### Usage Tips 1. **Timeframe Selection** - Works on all timeframes - Higher timeframes (daily, weekly) provide more reliable signals - Lower timeframes (intraday) may generate more frequent signals but with higher noise 2. **Combine with Other Analysis** - Use as a component of a comprehensive trading strategy - Complement with support/resistance levels - Consider volume and other momentum indicators - Factor in fundamental analysis for longer-term positions 3. **Position Sizing** - Treat investment level recommendations as guidelines, not rigid rules - Adjust based on your risk tolerance and account size - Consider your overall portfolio allocation 4. **Risk Management** - Always use stop losses regardless of indicator reading - Don't ignore risk management during "Strong Bullish" periods - The indicator shows trend, not specific entry/exit points ### Limitations - **Lagging Nature**: EMAs are lagging indicators, so signals may come after trend changes have begun - **Whipsaw Risk**: In choppy, sideways markets, the indicator may generate mixed signals - **Not a Standalone System**: Should be used as part of a broader trading strategy - **No Predictive Power**: Shows current conditions, not future direction - **Market Context**: May need adjustment during extreme market conditions or unusual volatility --- ## Technical Details ### EMA Calculations The indicator uses three standard Exponential Moving Averages: - **EMA 21**: Short-term trend (approximately 1 month of trading days) - **EMA 50**: Medium-term trend (approximately 2.5 months) - **EMA 100**: Long-term trend (approximately 5 months) EMAs give more weight to recent prices compared to Simple Moving Averages (SMAs), making them more responsive to price changes. ### Update Frequency - The indicator recalculates on every bar close - Real-time updates during the current bar formation - Table displays the most recent completed bar data ### Performance - Lightweight indicator with minimal computational overhead - Suitable for use with multiple charts simultaneously - No historical data storage required beyond standard EMA calculations --- ## Frequently Asked Questions **Q: Can I change the EMA periods (21, 50, 100)?** A: The current version uses fixed EMA periods. Modifying these would require editing the Pine Script code directly. **Q: Does this indicator work on all assets?** A: Yes, it works on stocks, forex, cryptocurrencies, commodities, and indices - any asset with price data. **Q: Can I use this for day trading?** A: Yes, but it's designed for swing trading and position trading. For day trading, consider using lower timeframes and being aware of increased signal noise. **Q: What if the score keeps changing?** A: Frequent score changes indicate a choppy or transitional market. Consider waiting for a more stable reading before taking action. **Q: Should I exit ALL positions when score is negative?** A: The recommendation is to "Exit Weak Stocks" - focus on underperforming positions. Strong stocks may still be held with appropriate stop losses. **Q: Can I get alerts based on score changes?** A: The current version doesn't include alerts, but this functionality could be added with Pine Script modifications. --- ## Version History **Version 1.0** - Initial release - 6-condition scoring system - Investment level recommendations - Customizable table position and size - Overlay on main chart --- ## Support & Feedback For questions, suggestions, or issues with the indicator: - Review this documentation thoroughly - Test the indicator on historical data before live trading - Adjust settings to match your chart layout preferences - Always paper trade new strategies before risking real capital --- ## Disclaimer This indicator is provided for educational and informational purposes only. It does not constitute financial advice, investment advice, trading advice, or any other type of advice. Trading and investing involve substantial risk of loss. Past performance is not indicative of future results. Always do your own research and consult with a qualified financial advisor before making investment decisions.
Pine Script® indicator
by AzeezF
Xtreme Fly TrendKING INDICATOR👑 I develop scripts and indicators for TradingView from real work with the market Not theoretical experiments and not a “magic indicator”. The scripts published here are intermediate and useful versions, designed to: Give real value Illustrate the thinking method And allow you to test the logic on the chart yourself 🔍 The more complete and complex systems (including depth layers, advanced filters, situation management, extensive market logic and additional tools) are not published here publicly and are only available through external links. 🎯 If this script feels accurate, clean, and not “just another copy” to you You will probably find significant value in the advanced tools as well. For direct and VIP reservations: professional-trading-system-three-decision-layers-with-9fbb39df.landy-ai.com For orders on the website: ofektoval.co.il
Pine Script® indicator
by TovalOfek_SP
Buy/Sell PressureKING INDICATOR👑 I develop scripts and indicators for TradingView from real work with the market Not theoretical experiments and not a “magic indicator”. The scripts published here are intermediate and useful versions, designed to: Give real value Illustrate the thinking method And allow you to test the logic on the chart yourself 🔍 The more complete and complex systems (including depth layers, advanced filters, situation management, extensive market logic and additional tools) are not published here publicly and are only available through external links. 🎯 If this script feels accurate, clean, and not “just another copy” to you You will probably find significant value in the advanced tools as well. For direct and VIP reservations: professional-trading-system-three-decision-layers-with-9fbb39df.landy-ai.com For orders on the website: ofektoval.co.il
Pine Script® indicator
by TovalOfek_SP
SNIPER ofek tovalKING INDICATOR👑 I develop scripts and indicators for TradingView from real work with the market Not theoretical experiments and not a “magic indicator”. The scripts published here are intermediate and useful versions, designed to: Give real value Illustrate the thinking method And allow you to test the logic on the chart yourself 🔍 The more complete and complex systems (including depth layers, advanced filters, situation management, extensive market logic and additional tools) are not published here publicly and are only available through external links. 🎯 If this script feels accurate, clean, and not “just another copy” to you You will probably find significant value in the advanced tools as well. For direct and VIP reservations: professional-trading-system-three-decision-layers-with-9fbb39df.landy-ai.com For orders on the website: ofektoval.co.il
Pine Script® indicator
by TovalOfek_SP
Auto Supply/Demand Zones [Ofek Toval Any TF]KING INDICATOR👑 I develop scripts and indicators for TradingView from real work with the market Not theoretical experiments and not a “magic indicator”. The scripts published here are intermediate and useful versions, designed to: Give real value Illustrate the thinking method And allow you to test the logic on the chart yourself 🔍 The more complete and complex systems (including depth layers, advanced filters, situation management, extensive market logic and additional tools) are not published here publicly and are only available through external links. 🎯 If this script feels accurate, clean, and not “just another copy” to you You will probably find significant value in the advanced tools as well. For direct and VIP reservations: professional-trading-system-three-decision-layers-with-9fbb39df.landy-ai.com For orders on the website: ofektoval.co.il
Pine Script® indicator
by TovalOfek_SP
Dynamic BIG Channel EnvelopeKING INDICATOR👑 I develop scripts and indicators for TradingView from real work with the market Not theoretical experiments and not a “magic indicator”. The scripts published here are intermediate and useful versions, designed to: Give real value Illustrate the thinking method And allow you to test the logic on the chart yourself 🔍 The more complete and complex systems (including depth layers, advanced filters, situation management, extensive market logic and additional tools) are not published here publicly and are only available through external links. 🎯 If this script feels accurate, clean, and not “just another copy” to you You will probably find significant value in the advanced tools as well. For direct and VIP reservations: professional-trading-system-three-decision-layers-with-9fbb39df.landy-ai.com For orders on the website: ofektoval.co.il
Pine Script® indicator
by TovalOfek_SP
Dynamic Channel BIG EnvelopeKING INDICATOR👑 I develop scripts and indicators for TradingView from real work with the market Not theoretical experiments and not a “magic indicator”. The scripts published here are intermediate and useful versions, designed to: Give real value Illustrate the thinking method And allow you to test the logic on the chart yourself 🔍 The more complete and complex systems (including depth layers, advanced filters, situation management, extensive market logic and additional tools) are not published here publicly and are only available through external links. 🎯 If this script feels accurate, clean, and not “just another copy” to you You will probably find significant value in the advanced tools as well. For direct and VIP reservations: professional-trading-system-three-decision-layers-with-9fbb39df.landy-ai.com For orders on the website: ofektoval.co.il
Pine Script® indicator
by TovalOfek_SP