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Centered Oscillators

Adaptive Squeeze Momentum +Adaptive Squeeze Momentum+ (Auto-Timeframe Version) Overview Adaptive Squeeze Momentum+ is an enhanced volatility and momentum indicator designed to identify compression and expansion phases in price action. It is inspired by the classic Squeeze Momentum Indicator by LazyBear but introduces automatic parameter adaptation to any timeframe, making it simpler to use across different markets without manual configuration. Concepts and Methodology The script combines Bollinger Bands (BB) and Keltner Channels (KC) to detect periods when volatility contracts (squeeze) or expands (release). A squeeze occurs when BB are inside KC, suggesting low volatility and potential breakout scenarios. A squeeze release is detected when BB expand outside KC. Momentum is derived using a linear regression applied to the difference between price and a midrange reference level. Original Improvements Compared to the original Squeeze Momentum Indicator, this version offers several enhancements: Automatic Adaptation: BB and KC lengths and multipliers are dynamically adjusted based on the chart’s timeframe (from 1 minute up to 1 month), removing the need for manual tuning. Simplified Visualization: A clean, minimalist histogram and clear squeeze state cross markers allow for faster interpretation. Flexible Application: Designed to work consistently on intraday, daily, and higher timeframes across crypto, forex, stocks, and indices. Features Dynamic Squeeze Detection: Gray Cross: Neutral (no squeeze detected) Blue Cross: Active squeeze Yellow Cross: Squeeze released Momentum Histogram: Positive/negative momentum shown with slope-based coloring. Timeframe-Aware Parameters: Automatically sets optimal BB/KC configurations. Usage Watch for blue crosses indicating an active squeeze phase that may precede a directional move. Use the histogram color and slope to gauge momentum strength and direction. Combine squeeze release signals with momentum confirmation for potential entries or exits. Credits and Licensing This script was inspired by LazyBear’s OLD “Squeeze Momentum Indicator” (). The implementation here significantly expands upon the original by introducing auto-adaptive parameters, restructured logic, and a new visualization approach. Published under the Mozilla Public License 2.0. Disclaimer This indicator is for educational purposes only and does not constitute financial advice. Use at your own risk.
Pine Script® indicator
by Max_GS
ANDROMEDA - Directional Strength Matrix [Multi-Asset]ANDROMEDA - Directional Strength Matrix Pedro Canto – Portfolio Manager | CGA/CGE OVERVIEW The Directional Strength Matrix is a multi-symbol indicator designed to track and compare the directional momentum of up to five financial instruments simultaneously. It builds upon the logic of the classic Currency Strength Slope, but expands its utility beyond currencies—making it applicable to indices, commodities, stocks, and crypto assets. The core of the system relies on a normalized slope algorithm, using a TMA-compensated moving average and ATR-based scaling to deliver accurate, real-time momentum readings. This tool is ideal for traders seeking a quantitative view of strength and weakness across multiple assets, enabling fast relative analysis and improved decision-making in both trend-following and mean-reversion strategies. --- WALKTHROUGH Each asset’s directional strength is calculated using the slope of a weighted moving average (WMA), adjusted for volatility using the Average True Range (ATR). To reduce lag while maintaining stability, a TMA-compensated formula is applied — replicating behavior seen in the classic MQL4 CSS Indicator. The normalized slope values are plotted as independent lines in a dedicated window, making it easy to spot which assets are strengthening or weakening at any given moment. Key logic flow: i) Calculate a TMA-style WMA for each instrument ii) Estimate directional slope via differential between current and previous weighted averages iii) Normalize by ATR to make values comparable across different assets and price ranges iv) Plot all slope values on a shared matrix Traders can compare multiple symbols side by side and visually identify the relative direction, strength, and acceleration of each asset. --- USE CASES - Comparing strength across indices like US30, US500, NASDAQ, Oil and Crypto - Detecting early momentum shifts between competing assets - Timing entries based on momentum divergence or alignment - Filtering out weaker assets in trend strategies - Creating custom strength overlays in multi-asset dashboards --- KEY FEATURES 1. Multi-Asset Capability Analyze up to 5 assets in real time, including the chart’s native symbol plus 4 customizable inputs. 2. TMA-Compensated Slope Algorithm Provides low-lag slope estimation with high reactivity and accuracy. 3. ATR-Based Normalization Ensures comparability across assets with different price scales and volatility levels. 4. Customizable Color Scheme Assign distinct colors to each asset line for clean visual separation. 5. Real-Time Responsiveness Supports shift adjustments to align with candle timing (real-time or closed-bar mode). 6. Compatible with All Asset Classes Works with forex, indices, commodities, stocks, and crypto (a major improvement from the original Currency Strength Slope Indicator). --- INPUTS AND CUSTOMIZATION - Moving Average Period: Adjustable WMA length - ATR Period: Volatility scaling parameter - Shift: Choose between real-time view (-1) or closed-candle confirmation (0) - Asset Inputs: Symbol selection for Asset 2 to 5 - Colors: Fully customizable for each line --- DISCLAIMER This indicator is a tool for technical analysis and educational purposes only. It is not intended as financial advice or a trading signal provider. Always apply proper risk management and consider fundamental and macroeconomic context before making investment decisions. Past performance does not guarantee future results.
Pine Script® indicator
by Pedro_Canto
FInal Signal This indicator for 4H timeframe by default RSI + Moving Average of RSI from the 1-hour chart MACD from the 1-hour chart 21 EMA from the 4-hour chart 5 EMA from the Daily chart This multi-timeframe fusion offers strength: confirming shorter-term momentum with higher-timeframe support. ✅ Buy Conditions: RSI is above its moving average → signals bullish momentum MACD line > MACD signal line → confirms trend shift RSI has upward slope (compared to 2 candles ago) ❌ Sell Conditions: RSI falls below its moving average MACD turns bearish (signal line overtakes) RSI slopes downward Price trades below daily EMA → confirms weakening trend 🔊 Volume Spike Detection I also added a volume condition that checks: If current volume > 2x the moving average (length = 10)
Pine Script® indicator
by msamin
1
Fusion AI IndicatorWhat is Fusion AI? The Fusion AI Indicator blends three proven momentum & mean-reversion signals into a single composite “AI Score.” By normalizing and weighting EMA crossovers, RSI bias and MACD momentum, you get one clean line that captures multi-factor strength shifts in real time—plus optional price-chart arrows and built-in alerts. How it works Fast vs. Slow EMA (40%) (EMA(fastLen) – EMA(slowLen)) / EMA(slowLen) RSI Deviation (30%) (RSI(rsiLen) – 50) / 50 MACD Momentum (30%) (MACD.line – MACD.signal) / ATR(14) AI Score = 0.4 · EMA + 0.3 · RSI + 0.3 · MACD Thresholds Buy when AI Score crosses up through +Threshold Sell when it crosses down through –Threshold Default Inputs (tuned for balanced signals) Fast MA Length: 12 Slow MA Length: 26 RSI Length: 14 MACD Fast EMA: 12 MACD Slow EMA: 26 MACD Signal Smoothing: 9 AI Score Threshold: 0.30 Show Overlay Arrows: ✔️ Alert on Bar Close Only: ✔️ (You can lower Threshold toward 0.10–0.20 for more frequent signals in quieter markets.) Recommended Markets & Timeframes Bitcoin (BTCUSD) on 1 H, 4 H – captures crypto swings Ethereum (ETHUSD) on 1 H, 4 H AAPL, TSLA, SPY on 15 M, 1 H – ideal for intraday setups How to Add Alerts Add the indicator to your chart. Open Create Alert → Condition → Fusion AI Indicator with Alerts & Overlay → choose Buy Signal or Sell Signal. Set Frequency to Once per bar close (default) or Once per bar. Paste a custom message or use the default: “Fusion AI: Bullish crossover detected” “Fusion AI: Bearish crossunder detected” Usage Tips Combine with volume filters or support/resistance zones for higher-probability entries. Use the gradient-colored subchart to spot building momentum even before arrows appear. Back-test threshold levels per asset: volatility will dictate whether 0.30 is too loose or too tight. Enjoy smoother, multi-factor signals in one indicator—Fusion AI does the math so your eyes can focus on the trade.
Pine Script® indicator
by FindBetterTrades
2
Gabriel's Relative Strength IndexGabriel’s RSI—The Reinvention of Relative Strength Not your average RSI. This is a fully reengineered Relative Strength Index that merges the power of advanced signal processing, adaptive smoothing, volume dynamics, and intelligent divergence detection into a single, modular toolkit designed for precision trading across all markets. Whether you’re scalping crypto, swing trading equities, or dissecting futures contracts—Gabriel’s RSI adapts to your strategy with unrivaled control and clarity. ⚙️ 1. RSI Settings RSI Length (Jurik): Set to 51 by default to mimic a 21-period standard RSI when Jurik smoothing is applied. Adjust lower (e.g., 22) to mimic a 9-period RSI. 32 would be almost ~14, 13.33 RSI. RSI Source: The default is hlc3 for smoother RSI. Can be changed to any price-based series (close, open, etc.) for customization. 📡 VIX-Aware: Automatically switches to high/low/close during VIX spikes using a custom Z-score model if toggled. (I backtested it, and it catches bottoms better.) 📡 🎯 2. RSI Smoothing Options MA Type: Smoothing applies to both RSI and its MA overlay simultaneously. I used to use the 56 EMA RSI, and it works well too. Options: JMA, T3, Kalman, Laguerre, Super Smoother, ALMA, VWMA, LSMA, etc. JMA: Best for adaptive recursive smoothing. A power of 2 and a phase of 50 are used. T3: Smooth and lag-reduced, suitable for trend detection. The alpha is 0.7. SMA + Bollinger Bands: Adds deviation-based envelopes for volatility spotting. BB StdDev: Only relevant if BBs are used. Controls bandwidth for overbought/oversold zones. MA Length: Affects how smooth or reactive the RSI signal is. 📉 3. MACD Settings Fast/Slow Length: Defaults (21/81) optimized for smoother MACD with SMA or T3. For Algo trading, EMA/JMA is best. Signal Length: Shorter (e.g., 2) gives more reactive crossover signals; it can be increased. Source: Default is close. Close works best for the settings I input. I also tuned some of the other MA types that worked for it. MA Types: JMA and EMA reduce noise and increase signal generation. Select SMA for simplicity or T3 for trend-following. Histogram: Bar colors signal strength and trend of MACD directly on your chart. 🔀 4. Directional Movement Index (DMI) ADX Smoothing: High values (e.g., 100) offer strong trend confirmation with Hann Window smoothing 12, or 14 for either regular RMA or double smoothed. DI Length: Affects DI+/- sensitivity. 100 ADX - 12/14 DI or 15 ADX - 35 DI are suggested, the latter for quicker boot time, as 100 bars is quite long. Smoothing Type: Choose Hann Window for refined smoothing; RMA (SMMA) for simplicity. Double-smoothing is RMA -> Hann window, best of both types. Volatility Type: ATR includes gaps for a full-range volatility; ADR is useful for gapless strategies, particularly OTC markets and intraday. Plotted as area fills, 0 to 100 scaled. Color-coded as Red (ADX), Orange (DI-), Blue (DI+). 📊 5. Volume Z-Score %R Length: Normalizes volume to percentile range (73 swing, 112 exhaustion). Z-Score Lengths: Compares short-term and long-term volume trends with Z-scores of volume. Fast Z-Score < Slow Z-Score = Gives a Volume Squeeze. Fast MA > Slow MA = Bullish Volume Divergence; volume has been fired. Not via Z-score, but instead via SMA, ALMA, and RMA of volume. WPR Volume: Weighted %R used to highlight exhaustion/pivot points. Plot volume bars after a volume squeeze has been fired; if bars aren't plotted, then it's under squeeze. Backtest on ES1! Prove it's good for catching bottoms below 15 minutes as well. 🧠 6. Divergence Engine Pivot Settings: Pivot Period (12), Divergence minval Lookback (5), and max Lookback Bars (100) control sensitivity. Works well on any asset class; these are the optimal settings for the RSI. Source Options: RSI, MACD, ADX, DI difference, or Volume %R. Divergence Types: Regular (Mean Reversal), Hidden (Trend Continuation). Heikin Ashi Mode: Enables use of HA candles on normal charts for smoother pivots. May distort values if your chart is H.A. so leave it unchecked then. 💥 7. Squeeze Momentum System (SQZMOM PRO) Squeeze Types: ⚫ Wide (Black) — Regular Compression 🔴 Normal (Red) — Standard squeeze 🟡 Narrow (Yellow) — Golden squeeze 🟣 Very Narrow (Purple) — Extreme compression 🟢 Fired (Green) — Fired Squeeze = Breakout Plotted on the very bottom of my indicator. Momentum Bars: 🔷 Cyan = Rising 🔵 Blue = Pullback 🔴 Red = Falling 🟡 Yellow = Corrective Plotted on the top of my indicator. Reversal Signals: Dashed lines on momentum–JMA crossovers (DM-style pivot logic) ploted directly on the chart. 📈 8. Rate of Change (RoC) RoC of Momentum: EMA-smoothed RoC on momentum for leading signals. Double smoothed, once and then another time for smoother signals. RoC of Momentum → EMA → EMA → JMA Signal. Signal Line: JMA used to filter noise and generate reversal signals. Crossovers: Bullish/bearish signals based on RoC vs. signal line are plotted as triangles directly on your chart. Optimized: Backtested for short-term setups like 1H or faster. Works on Daily timeframes as well for Futures and 24/7 Markets. 🕰️ 9. Multi-Timeframe Squeeze Settings Each timeframe (Hourly, 4H, Daily, Weekly, Monthly) has: Reversal Toggle: Enables dashed line DM-style pivots on crossovers. MA Length: For Jurik MA smoothing on momentum. BB/KC Thresholds: Define squeeze sensitivity per timeframe. A shorter BB/KC length, 17-14-12, responds better on lower timeframes. Momentum Length: Tailors oscillator responsiveness; 20 is ideal. 🧮 10. BB Std. Deviation Scaling Low-Pass Super Smoother : Smooths noise for BBs. High-Pass Butterworth : Extracts cycles for BB Stdv. blend. Root Mean Squared : Dynamic BB width adjustment based on market activity. True-range-based. LP -> HP -> RMS -> Bollinger Band Multiplier (2.0) Optional Intensify: Increases the squeeze rate * 4. Can be used for some option pricing strategies. 🧵 11. Moving Average Ribbon 4 optional MAs with full customization: Choose from 13 MA types (incl. Kalman, Laguerre, T3, ALMA) Color-coded for trend analysis (MA1–MA4 mimicking 9/21/50/200 periods) Optional crossover alerts 🔔12. Alerts RSI: Overbought/oversold reversals. Several types. (🦅 / 🕊️) MACD: Histogram shift through zero line. (🐘 / 🐴) DMI/ADX: Crossovers and strength conditions. The key level is the level where if DI/ADX is past this threshold, then it's considered to be trending. (🐬 / 🐋 / 🛡️) Volume: Smart Money alerts on low-volume zones. May concentrate on ICT sessions. (🚨) Squeeze: Alerts on all 5 squeeze states. (⚫, 🔴, 🟡, 🟣, 🟢) Momentum: Momentum / JMA crosses and reversals. (🐂 / 🐻) RoC: Bullish and bearish crosses. (📈 / 📉) Divergences: Regular, hidden, and combined. (🐂 / 🐻 / 🐾 / 🐼) MA Ribbon: Cross alert (⚔️) VIX: VIX Z-Score past 2.0 (🏴‍☠️) 📊 13. Visual Output Summary RSI Line + MA + Optional BB MACD Histogram (Color Adaptive) DMI/ADX Area Fills %R Volume Bars (Smart Money) Squeeze Dots (Circles) Momentum Bars (Squares) RoC Arrows (Cross Signals) Pivot Break Lines (Dashed) Auto-Divergence Lines & Labels MA Ribbon Overlay (Optional) ✅ Best Practices ✅ Watch the slope of the RSI for pullbacks on a strong trend. Combine it with squeeze for exit timing. Combine RSI Divergence with MACD histogram cross and Squeeze firing for precise entry. Use Volume Z-Score to filter for institutional activity, and enter Long. Watch for reversals as well. Watch RoC crossovers for fast, leading signals. Enable Reversal Lines on 1H+ charts for breakout or breakdown pivots. Use multi-timeframe thresholds for swing confirmation. The TFs I use the most are 2-5-15 minutes for futures and swinging with 1 hour daily and weekly. Those are the TFs I backtested. An optional MA Ribbon is here as well; it supports 13 MA types. 🌎 Asset-Agnostic MACD Automatically adjusts for Crypto, Forex, Stocks, Commodities, and Indices. Custom ALMA, T3, Kalman, and Laguerre filters optimized per asset class and timeframe. 📚 Tech Highlights Over 15,000 lines of modular, structured Pine Script v6 code. Integration of Ehlers Cycle Theory and various other filters, one for each indicator. Designed for visual clarity, multi-dimensional signal stacking, and low lag/high accuracy. 🌀 All 64 outputs are filled, so there might not be any more future updates. It's also a bit slow to load due to that.
Pine Script® indicator
by GabrielAmadeusLau
EMA 21/50/150/200This indicator plots four Exponential Moving Averages (EMAs) on the chart to help identify trends, momentum, and potential support or resistance levels. The EMAs used are: EMA 21 (Red): Captures short-term price momentum. EMA 50 (Orange): Represents medium-term trend direction. EMA 150 (Aqua): Shows the broader trend over a longer timeframe. EMA 200 (Blue): Commonly used to identify major long-term trend direction and key support/resistance zones. These EMAs are commonly used by swing traders and trend-following strategies to determine trend strength, pullback opportunities, or cross-based trade entries
Pine Script® indicator
by vmarjunits
SMC⁵ – Enhanced Composite + Strong Divergences & LinesSMC⁵⁺ is a next-generation momentum and divergence indicator that fuses four key volume-and-flow metrics into a single, ultra-responsive conviction score—and then plots clear, strong divergence signals directly on that composite line. Key Logic & Workflow Composite Construction On-Balance Volume (OBV) : Captures directional volume flow. Chaikin Money Flow (CMF) : Weighs close location within the bar by volume. Cumulative Volume Delta (CVD) : Measures aggressive buyer vs. seller pressure. Money Flow Index (MFI) : Reflects overbought/oversold conditions using typical price and volume. Each raw series is transformed into a rolling z-score over a user-configurable lookback (Norm Length). This ensures stationarity and removes boundary artifacts. Weighted by individual “trust” inputs (OBV, CMF, CVD, MFI weights), then optionally smoothed with an EMA to dial in responsiveness vs. noise. Gradient Zone Highlight The composite oscillates between 0–1 (neutral at 0.5). A dynamic green/red gradient fill instantly shows when conviction enters “High” (>Upper Threshold) or “Low” (<Lower Threshold) zones—perfect for quick visual scans. Divergence Detection Regular Divergence: Requires a minimum % price swing on the composite and a composite delta beyond a dynamic threshold (Reg Δ × StDev), ensuring only the most significant tops/bottoms trigger. Plotted with bold lines and labels directly on the composite curve for unambiguous signals. Hidden Divergence: Uses a lighter threshold (Hid Δ × StDev) and thinner styling to highlight continuation opportunities behind the scenes—so you never miss stealth moves. Both divergence types are pruned to a configurable maximum to keep your chart clean. Why It’s Strong Multi-Metric Confluence: By combining four independent flow/volume metrics, false-signal noise from any single source is virtually eliminated. Statistical Normalization: Z-score transforms allow direct comparability and robust thresholding across any asset or timeframe. Dynamic Sensitivity: User-tunable StDev multipliers and minimum Δ filters guarantee that only high-confidence divergences make it through. Visual Clarity: Divergences are drawn on the actual composite line (not price), making it immediately clear when momentum is shifting beneath price action. How to Use Drop SMC⁵⁺ on any chart (works on all symbols/timeframes). Adjust the four weights to emphasize your favorite flow metric. Tweak Norm Length, Reg × StDev, and Min Composite Δ to tune sensitivity. Watch for bold “Reg Div” signals for high-quality reversal setups, and lighter “Hid Div” signals for stealth continuation entries. Combine with your trend filter or higher-timeframe confluence for pinpoint entries. SMC⁵⁺ brings institutional-grade volume-flow analysis and divergence detection into one elegant package—empowering you to spot true momentum shifts before the crowd.
Pine Script® indicator
by DiamondHandsL
TRharmonic MACD - Advanced Edition# TRharmonic MACD - Advanced Edition ## Overview The TRharmonic MACD Advanced Edition is a sophisticated evolution of the classic MACD indicator, engineered specifically for modern traders who demand precision and adaptability in their technical analysis. This isn't just another MACD variant – it's a complete reimagining that combines cutting-edge smoothing algorithms with intelligent market adaptation. ## What Makes It Special Traditional MACD indicators suffer from lag and noise, often providing signals too late or generating false alerts in choppy markets. Our Premium MA edition solves these fundamental issues by incorporating three of the most advanced moving average algorithms available: ZLEMA, JMA, and T3. **The result?** Faster signal detection, reduced noise, and dramatically improved accuracy across all market conditions. ## Core Features ### 🚀 Four Smoothing Options - **None**: Classic EMA-based MACD for traditional analysis - **ZLEMA**: Zero-lag exponential smoothing for ultra-fast signal detection - **JMA**: Jurik Moving Average with professional-grade adaptive smoothing - **T3**: Tillson T3 with six-layer exponential smoothing for maximum smoothness ### 🎯 Intelligent Signal Detection - **Smart Crossovers**: Enhanced bullish/bearish crossover detection - **Momentum Analysis**: Real-time acceleration and deceleration tracking - **Trend Strength**: ATR-based trend power measurement - **Market Volatility**: Automatic volatile market detection ### 🎨 Professional Visualization - **Dynamic Color Coding**: Histogram and lines change color based on market conditions - **Multiple Themes**: Professional, Classic, and Neon color schemes - **Real-time Info Panel**: Live display of all key metrics and market status - **Customizable Display**: Toggle histogram, zero line, and fill areas ## Advanced Smoothing Algorithms Explained ### ZLEMA (Zero Lag Exponential Moving Average) Perfect for scalpers and day traders who need instant market reaction. ZLEMA virtually eliminates lag while maintaining smoothness, making it ideal for fast-moving markets and short timeframes. **Best for**: 1-5 minute charts, cryptocurrency trading, high-frequency strategies ### JMA (Jurik Moving Average) The gold standard of professional moving averages. JMA adapts to market conditions automatically, providing smooth signals in trending markets while remaining responsive during volatility. **Best for**: All timeframes, swing trading, algorithmic strategies ### T3 (Tillson T3) Ultra-smooth six-layer exponential smoothing that excels at filtering market noise. T3 provides the cleanest signals with minimal false positives, perfect for trend-following strategies. **Best for**: 4-hour to daily charts, trend following, position trading ## Smart Alert System The indicator features a comprehensive alert system that adapts to your chosen smoothing method: - **Standard Alerts**: Crossovers, zero-line breaks, histogram changes - **Premium Alerts**: Method-specific signals (ZLEMA ultra-fast, JMA trend changes, T3 momentum) - **Market Condition Alerts**: Volatility warnings and trend strength notifications ## Who Should Use This Indicator ### Day Traders Use ZLEMA mode for instant signal detection and rapid market entry/exit points. ### Swing Traders JMA provides the perfect balance of responsiveness and smoothness for multi-day positions. ### Position Traders T3 delivers clean, reliable signals for long-term trend identification. ### Algorithm Developers Export values allow easy integration into automated trading systems. ## Getting Started 1. **Choose Your Smoothing Method**: Start with JMA for balanced performance 2. **Set Your Timeframe**: Lower timeframes benefit from ZLEMA, higher from T3 3. **Customize Colors**: Select a theme that matches your chart setup 4. **Enable Alerts**: Set up notifications for your preferred signal types 5. **Monitor the Info Panel**: Keep an eye on trend strength and market volatility
Pine Script® indicator
by ewturk
day trading check indicatorDay Trading Check Indicator By Trades per Minute · Creator: Trader Malik Overview The Day Trading Check Indicator is an on‐chart status panel that gives you a quick “go/no-go” snapshot of four key metrics—MACD, VWAP, Float, and Bearish Sell-Off—directly in TradingView’s top-right corner. It’s designed for fast decision-making during high-velocity intraday sessions, letting you instantly see whether each metric is “bullish” (green) or “bearish” (red), plus live float data. What It Shows Column Description Metric The name of each metric: MACD, VWAP, Float, Bearish Sell-Off Status/Value A color-coded status (“GREEN”/“RED” or “YES”/“NO”) or the float value formatted in K/M/B Metrics & Calculations MACD (1-Minute) Calculation: Standard MACD using EMA (12) – EMA (26) with a 9-period signal line, all fetched from the 1-minute timeframe via request.security(). Status: GREEN if MACD ≥ Signal RED if MACD < Signal VWAP (Session-Anchored) Calculation: Built-in session VWAP (ta.vwap(close)) resets each new trading session. Status: GREEN if current price ≥ VWAP RED if current price < VWAP Float Calculation: Retrieves syminfo.shares_outstanding_float (total float), then scales it into thousands (K), millions (M), or billions (B), e.g. “12.3 M.” Display: Always shown as the absolute float value, white on semi-transparent black. Bearish Sell-Off Calculation: Checks the last five 1-minute bars for any “high-volume down” candle (volume above its 20-bar SMA and close < open). Status: YES if at least one such bar occurred in the past 5 minutes NO otherwise Key Features Dynamic Table: Automatically shows only the metrics you enable via the Display Options group. Size Selector: Choose Small, Medium, or Large text for easy visibility. Clean Styling: Distinct header row with custom background, consistent row shading, centered status text, and a subtle gray border. Lightweight Overlay: No cluttering plots—just a concise status panel in the corner. Published by Trader Malik / Trades per Minute Version: Pine Script v5
Pine Script® indicator
by malik_hameem
Dual MACD + TSI [CryptoSmart] by IgnotusA sophisticated dual momentum indicator combining a custom MACD Histogram with Divergence Detection and a TSI (True Strength Index) oscillator, designed for advanced technical analysis in crypto and other fast-moving markets. --- 🔍 Key Features: - Custom MACD Histogram (MACD 1): - Configurable fast/slow lengths and signal smoothing method (EMA/SMA). - Advanced divergence detection (Regular & Hidden Bullish/Bearish patterns). - Visual alerts and labels directly on the chart. - Built-in divergence alerts for easy integration with TradingView alerts. - TSI Oscillator (MACD 2): - True Strength Index with customizable fast/slow periods and signal line smoothing. - Overbought/oversold levels and optional background shading for quick visual cues. - Fully optional elements (TSI Line, Signal Line, OB/OS levels) – disabled by default for clean charting. - User-Friendly Design: - Optional components can be toggled on/off via the settings panel. - Works great as a standalone momentum filter or as part of a multi-indicator dashboard. --- 📈 How to Use: - Use the MACD Histogram divergences to spot potential reversals. - Combine with the TSI oscillator to confirm trend strength or detect overextended moves. - Enable/disable components to avoid clutter and focus on what matters most. --- Crafted for traders who want precision, flexibility, and visual clarity in their charts. Whether you're scalping or swing trading, this indicator helps you stay ahead of the curve. --- Feel free to tweak the values and customize it to your strategy. Happy trading!
Pine Script® indicator
by IgnotusT
SR360 OSCILLATOR 2025Unlock deeper insights into momentum and trend strength with the SR360 Oscillator 2025, a high-precision dual-indicator system designed for traders focusing on NSE stocks. 🚀 Key Features: 🔹 GVR Oscillator (RSI on VWAP) Identify powerful shifts in price momentum using a smart blend of RSI and VWAP — ideal for catching trend reversals and breakouts. Dynamic coloring: 🔴 Overbought, 🟢 Oversold, 🔵 Neutral zones 🔹 Multi-Symbol Trend Table (Supertrend or EMA) Stay ahead with a real-time trend dashboard for RELIANCE, SBIN, INFY, HDFCBANK, TCS, and more. Choose your trend logic: Supertrend or EMA crossover Custom watchlist + include current chart symbol 💼 Who’s It For? Intraday & swing traders in the Indian equity markets Analysts seeking clean, trend-verified setups Anyone needing a reliable trend/momentum combo tool
Pine Script® indicator
by Stockathon_
Crypto Breadth | AlphaNatt\ Crypto Breadth | AlphaNatt\ A dynamic, visually modern market breadth indicator designed to track the strength of the top 40 cryptocurrencies by measuring how many are trading above their respective 50-day moving averages. Built with precision, branding consistency, and UI enhancements for fast interpretation. \ 📊 What This Script Does\ * Aggregates the performance of \ 40 major cryptocurrencies\ on Binance * Calculates a \ breadth score (0.00–1.00)\ based on how many tokens are above their moving averages * Smooths the breadth with optional averaging * Displays the result as a \ dynamic, color-coded line\ with aesthetic glow and gradient fill * Provides automatic \ background zones\ for extreme bullish/bearish conditions * Includes \ alerts\ for key threshold crossovers * Highlights current values in an \ information panel\ \ 🧠 How It Works\ * Pulls real-time `close` prices for 40 coins (e.g., XRP, BNB, SOL, DOGE, PEPE, RENDER, etc.) * Compares each coin's price to its 50-day SMA (adjustable) * Assigns a binary score: • 1 if the coin is above its MA • 0 if it’s below * Aggregates all results and divides by 40 to produce a normalized \ breadth percentage\ \ 🎨 Visual Design Features\ * Smooth blue-to-pink \ color gradient\ matching the AlphaNatt brand * Soft \ glow effects\ on the main line for enhanced legibility * Beautiful \ multi-stop fill gradient\ with 16 transition zones * Optional \ background shading\ when extreme sentiment is detected: • Bullish zone if breadth > 80% • Bearish zone if breadth < 20% \ ⚙️ User Inputs\ * \ Moving Average Length\ – Number of periods to calculate each coin’s SMA * \ Smoothing Length\ – Smooths the final breadth value * \ Show Background Zones\ – Toggle extreme sentiment overlays * \ Show Gradient Fill\ – Toggle the modern multicolor area fill \ 🛠️ Utility Table (Top Right)\ * Displays live breadth percentage * Shows how many coins (e.g., 27/40) are currently above their MA \ 🔔 Alerts Included\ * \ Breadth crosses above 50%\ → Bullish signal * \ Breadth crosses below 50%\ → Bearish signal * \ Breadth > 80%\ → Strong bullish trend * \ Breadth < 20%\ → Strong bearish trend \ 📈 Best Used For\ * Gauging overall market strength or weakness * Timing trend transitions in the crypto market * Confirming trend-based strategies with broad market support * Visual dashboard in macro dashboards or strategy overlays \ ✅ Designed For\ * Swing traders * Quantitative investors * Market structure analysts * Anyone seeking a macro view of crypto performance Note: Not financial advise
Pine Script® indicator
by AlphaNatt
2
Dettling Sexy Shirt LevelsThis indicator allows you to quickly enter levels you want to trade for quick scalps. You can enter your buy or sell point (Bull or Bear Line), and up to 5 profit levels. Pearsons Pivots and Camarillo Pivots are automatically updated each day, and can be selected on or off. It works well if you buy a call or put a few days until expiration, a few dollars out of the money. After entering your buy points and Target levels, there is a drop down menu at the top of the settings page. You must select the ticker you are looking at on the chart, Tradingview will not automatically update the level if you are looking at a ticker but it is not selected in the menu.
Pine Script® indicator
by colviwj
GMMA-MACDThe indicator itsels is a hybrid of the MACD and GMMA indicators, it has 2 modes, normal and Consensus mode. The normal mode plots 2 modified MACD, one using the currently highest of the GMMA fast group to calculate the MACD line, and the other one uses the currently lowest of the slow group to do the same. In Consensus mode all the GMMA moving averages being calculated separately, which means it uses 12 MACD indicators instead of 2, the logic is the same as in the normal MACD, turns bullish if MACD above it's signal line, in this mode also has a Donchian channel to help visualize potential divergences. This mode can show trend direction and strength more effectively, and potential reversal points, coloring of the indicator is green if all MACD are in consensus of a bullish trend, turns light green if 7-11 of them shows slight/weakening bullish trend, orange for neutral (6-6), light red for 7-11 shows slight/weakening bearish trend, red if all shows bearish trend. For easier adjustment instead of adjusting every single EMA period, the logic uses a multiplier to adjust the periods as a whole unit. Tested in a few strategies against the normal MACD, as a trend filter, this one gave at least the same results, usually better, and because it's logic is dynamic it's more future proof than the normal MACD.
Pine Script® indicator
by Warchef
52SIGNAL RECIPE CCI Linreg Bands═══ 52SIGNAL RECIPE CCI Linreg Bands ═══ ◆ Overview 52SIGNAL RECIPE CCI Linreg Bands is an advanced technical indicator that combines the CCI (Commodity Channel Index) with Linear Regression Bands. This indicator visualizes the volatility of the CCI using linear regression bands, helping to clearly identify overbought/oversold areas and more accurately capture potential trend reversal points. ───────────────────────────────────── ◆ Key Features • CCI-Based Overbought/Oversold Analysis: Uses the traditional CCI indicator to identify overbought/oversold conditions in the market • Integrated Linear Regression Bands: Applies linear regression analysis to the CCI to visually represent the direction and strength of trends • Dual Overbought/Oversold Levels: Sets overbought/oversold levels for both CCI and Linear Regression Bands to increase the accuracy of signals • Advanced Visualization: Intuitive chart analysis is possible with color changes according to trend direction and clear band display • Multiple Alert Settings: Alert functions for various conditions ensure you don't miss important trading moments ───────────────────────────────────── ◆ Technical Foundation ■ CCI (Commodity Channel Index) • Basic Settings: 20-period CCI with Weighted Moving Average (WMA) applied • Calculation Method: Measures the deviation from the average price normalized to a specific range • Overbought/Oversold Levels: Default values set to +150 (overbought) and -150 (oversold) ■ Linear Regression Bands • Period: Default value of 100 days • Deviation: Default value of 4.5 standard deviations • Center Line: The center line of the linear regression analysis for the CCI values • Band Width: Displays the range of volatility around the center line based on the calculated standard deviation • Overbought/Oversold Levels: Default values set to +250 (overbought) and -250 (oversold) ───────────────────────────────────── ◆ Practical Applications ■ Identifying Trading Signals • Buy Signal: ▶ When the CCI falls below the oversold level (-150) ▶ When the lower band of the Linear Regression Bands falls below the oversold level (-250) ▶ When both conditions are met simultaneously (extreme oversold state) - a strong buy signal • Sell Signal: ▶ When the CCI rises above the overbought level (+150) ▶ When the upper band of the Linear Regression Bands rises above the overbought level (+250) ▶ When both conditions are met simultaneously (extreme overbought state) - a strong sell signal ■ Trend Analysis • Uptrend: When the linear regression center line is rising and the CCI is moving above the zero line • Downtrend: When the linear regression center line is falling and the CCI is moving below the zero line • Trend Strength: The wider the gap between the bands, the greater the volatility; the narrower, the more stable the trend ■ Divergence Confirmation • Bearish Divergence: Price forms a new high, but the CCI is lower than the previous high (potential bearish signal) • Bullish Divergence: Price forms a new low, but the CCI is higher than the previous low (potential bullish signal) ───────────────────────────────────── ◆ Advanced Setting Options ■ CCI Setting Adjustments • CCI Source: Selectable options include Close (default), Open, High, Low, HL2, HLC3, OHLC4, etc. • CCI Length: Adjust to lower values for short-term volatility, higher values for long-term trends ■ Linear Regression Setting Adjustments • Period: Use lower values (20-50) for short-term analysis, higher values (100-200) for long-term analysis • Deviation: Higher values create wider bands (more signals), lower values create narrower bands (more accurate signals) ■ Overbought/Oversold Level Adjustments • CCI Levels: Adjust to more extreme values (±200) in highly volatile markets • Linear Regression Band Levels: Adjustable to ±300 or ±200 depending on market conditions ───────────────────────────────────── ◆ Synergy with Other Indicators • Bollinger Bands: Use alongside Bollinger Bands on the price chart to compare price volatility with CCI volatility • MACD: Use with MACD for momentum and trend confirmation • Fibonacci Retracement: Check CCI Linreg Bands signals with key support/resistance levels • Moving Averages: Combine moving average crossovers with CCI Linreg Bands signals to improve reliability ───────────────────────────────────── ◆ Conclusion 52SIGNAL RECIPE CCI Linreg Bands provides a powerful and accurate technical analysis tool by combining traditional CCI with linear regression analysis. The dual overbought/oversold system increases the accuracy of trading signals and clearly visualizes trend direction and strength to help traders make decisions. You can achieve optimal results by adjusting various settings to match your trading style and market conditions. ───────────────────────────────────── ※ Disclaimer: Past performance does not guarantee future results. Always use appropriate risk management strategies. ═══ 52SIGNAL RECIPE CCI 선형회귀 밴드 ═══ ◆ 개요 52SIGNAL RECIPE CCI 선형회귀 밴드는 CCI(Commodity Channel Index)와 선형회귀 밴드를 결합한 고급 기술적 지표입니다. 이 지표는 선형회귀 밴드를 사용하여 CCI의 변동성을 시각화하여 과매수/과매도 영역을 명확하게 식별하고 잠재적인 추세 반전 지점을 더 정확하게 포착하는 데 도움을 줍니다. ───────────────────────────────────── ◆ 주요 특징 • CCI 기반 과매수/과매도 분석: 전통적인 CCI 지표를 사용하여 시장의 과매수/과매도 상태를 식별 • 통합된 선형회귀 밴드: CCI에 선형회귀 분석을 적용하여 추세의 방향과 강도를 시각적으로 표현 • 이중 과매수/과매도 레벨: CCI와 선형회귀 밴드 모두에 과매수/과매도 레벨을 설정하여 신호의 정확도 향상 • 고급 시각화: 추세 방향에 따른 색상 변화와 명확한 밴드 표시로 직관적인 차트 분석 가능 • 다중 알림 설정: 다양한 조건에 대한 알림 기능으로 중요한 트레이딩 시점을 놓치지 않도록 보장 ───────────────────────────────────── ◆ 기술적 기반 ■ CCI (Commodity Channel Index) • 기본 설정: 20기간 CCI에 가중이동평균(WMA) 적용 • 계산 방법: 평균 가격에 대한 편차를 측정하여 정규화한 값으로 표현 • 과매수/과매도 레벨: 기본값으로 +150(과매수)과 -150(과매도) 설정 ■ 선형회귀 밴드 • 기간: 기본값 100일 • 편차: 기본값 4.5 표준편차 • 중심선: CCI 값에 대한 선형회귀 분석의 중심선 • 밴드 폭: 계산된 표준편차에 기반하여 중심선 주변의 변동성 범위 표시 • 과매수/과매도 레벨: 기본값으로 +250(과매수)와 -250(과매도) 설정 ───────────────────────────────────── ◆ 실용적 응용 ■ 트레이딩 신호 식별 • 매수 신호: ▶ CCI가 과매도 레벨(-150) 아래로 떨어질 때 ▶ 선형회귀 밴드의 하단이 과매도 레벨(-250) 아래로 떨어질 때 ▶ 두 조건이 동시에 충족될 때(극단적 과매도 상태) - 강한 매수 신호 • 매도 신호: ▶ CCI가 과매수 레벨(+150) 위로 상승할 때 ▶ 선형회귀 밴드의 상단이 과매수 레벨(+250) 위로 상승할 때 ▶ 두 조건이 동시에 충족될 때(극단적 과매수 상태) - 강한 매도 신호 ■ 추세 분석 • 상승 추세: 선형회귀 중심선이 상승하고 CCI가 0선 위로 움직일 때 • 하락 추세: 선형회귀 중심선이 하락하고 CCI가 0선 아래로 움직일 때 • 추세 강도: 밴드 사이의 간격이 넓을수록 변동성이 크고, 좁을수록 추세가 안정적 ■ 다이버전스 확인 • 약세 다이버전스: 가격이 신고점을 형성하지만 CCI가 이전 고점보다 낮을 때(잠재적 약세 신호) • 강세 다이버전스: 가격이 신저점을 형성하지만 CCI가 이전 저점보다 높을 때(잠재적 강세 신호) ───────────────────────────────────── ◆ 고급 설정 옵션 ■ CCI 설정 조정 • CCI 소스: 선택 가능한 옵션에는 종가(기본값), 시가, 고가, 저가, HL2, HLC3, OHLC4 등이 포함 • CCI 길이: 단기 변동성을 위해 낮은 값으로, 장기 추세를 위해 높은 값으로 조정 ■ 선형회귀 설정 조정 • 기간: 단기 분석을 위해 낮은 값(20-50), 장기 분석을 위해 높은 값(100-200) 사용 • 편차: 높은 값은 더 넓은 밴드(더 많은 신호), 낮은 값은 더 좁은 밴드(더 정확한 신호) 생성 ■ 과매수/과매도 레벨 조정 • CCI 레벨: 변동성이 큰 시장에서는 더 극단적인 값(±200)으로 조정 • 선형회귀 밴드 레벨: 시장 상황에 따라 ±300 또는 ±200으로 조정 가능 ───────────────────────────────────── ◆ 다른 지표와의 시너지 • 볼린저 밴드: 가격 차트의 볼린저 밴드와 함께 사용하여 가격 변동성과 CCI 변동성 비교 • MACD: 모멘텀과 추세 확인을 위해 MACD와 함께 사용 • 피보나치 되돌림: CCI 선형회귀 밴드 신호를 주요 지지/저항 레벨과 함께 확인 • 이동평균선: 이동평균 교차와 CCI 선형회귀 밴드 신호를 결합하여 신뢰성 향상 ───────────────────────────────────── ◆ 결론 52SIGNAL RECIPE CCI 선형회귀 밴드는 전통적인 CCI와 선형회귀 분석을 결합하여 강력하고 정확한 기술적 분석 도구를 제공합니다. 이중 과매수/과매도 시스템은 트레이딩 신호의 정확도를 높이고 추세 방향과 강도를 명확하게 시각화하여 트레이더의 의사 결정을 돕습니다. 다양한 설정을 트레이딩 스타일과 시장 상황에 맞게 조정하여 최적의 결과를 얻을 수 있습니다. ───────────────────────────────────── ※ 면책 조항: 과거 성과가 미래 결과를 보장하지 않습니다. 항상 적절한 리스크 관리 전략을 사용하세요.
Pine Script® indicator
by five2ventures
Rifle UnifiedThis script is designed for use on 30-second charts of Dow Jones-related symbols (YM, MYM, US30). It provides automated buy and sell signals using a combination of price action, RSI (Relative Strength Index), and volume analysis. The script is intended for both live trading signals and backtesting, with configurable risk management and debugging features. Core Functionality 1. Signal Generation Logic Trigger: The algorithm looks for a sharp price move (drop or rise) of a user-defined threshold (default: 80 points) within a specified lookback window (default: 20 minutes). Levels: It monitors for price drops below specific numerical levels ending in 23, 43, or 73 (e.g., 42223, 42273). RSI Condition: When price falls below one of these levels and the RSI is below 30, the setup is considered active. Buy Signal: A buy is triggered if, after setup: Price rises back above the level, The RSI rate of change (ROC) indicates exhaustion of the drop, The current bar shows positive momentum. 2. Trade Management Stop Loss & Take Profit: Configurable fixed or trailing stop loss and take profit levels are plotted and managed automatically. Exit Signals: The script signals exit based on price action relative to these risk management levels. 3. Filters & Enhancements Parabolic Move Filter: Prevents entries during extreme price moves. Dead Cat Bounce Filter: Avoids false signals after sharp reversals. Volume Filter: Optionally requires volume conditions for trade entries (especially for shorts). Multiple Confirmation Layers : Includes checks for 5-minute RSI, momentum, and price retracement. User Inputs & Customization Trade Direction: Toggle between LONG and SHORT signal generation. Trigger Settings: Adjust thresholds for price moves, lookback windows, RSI ROC, and volume requirements. Trade Settings: Set take profit, stop loss, and trailing stop behavior. Debug & Visualization: Enable or disable various plots, labels, and debug tables for in-depth analysis. Backtesting: Integrated backtester with summary and detailed statistics tables. Technical Features Uses External Libraries: Relies on RifleShooterLib for core logic and BackTestLib for backtesting and statistics. Multi-timeframe Analysis: Incorporates both 30-second and 5-minute RSI calculations. Chart Annotations: Plots entry/exit points, risk levels, and debug information directly on the chart. Alert Conditions: Built-in alert triggers for key events (initial move, stall, entry). Intended Use Markets: Dow Jones symbols (YM, MYM, US30, or US30 CFD). Timeframe: 30-second chart. Purpose: Automated signal generation for discretionary or algorithmic trading, with robust risk management and backtesting support. Notable Customization & Extension Points Momentum Calculation: Plans to replace the current momentum measure with "sqz momentum". Displacement Logic: Future update to use "FVG concept" for displacement. High-Contrast RSI: Optional visual enhancements for RSI extremes. Time-based Stop: Consideration for adding a time-based stop mechanism. This script is highly modular, with extensive user controls, and is suitable for both live trading and historical analysis of Dow Jones index movements
Pine Script® indicator
by BlueMagicTrading
Institutional Momentum Scanner [IMS]Institutional Momentum Scanner - Professional Momentum Detection System Hunt explosive price movements like the professionals. IMS identifies maximum momentum displacement within 10-bar windows, revealing where institutional money commits to directional moves. KEY FEATURES: ▪ Scans for strongest momentum in rolling 10-bar windows (institutional accumulation period) ▪ Adaptive filtering reduces false signals using efficiency ratio technology ▪ Three clear states: LONG (green), SHORT (red), WAIT (gray) ▪ Dynamic volatility-adjusted thresholds (8% ATR-scaled) ▪ Visual momentum flow with glow effects for signal strength BASED ON: - Pocket Pivot concept (O'Neil/Morales) applied to price momentum - Adaptive Moving Average principles (Kaufman KAMA) - Market Wizards momentum philosophy - Institutional order flow patterns (5-day verification window) HOW IT WORKS: The scanner finds the maximum price displacement in each 10-bar window - where the market showed its hand. An adaptive filter (5-bar regression) separates real moves from noise. When momentum exceeds the volatility-adjusted threshold, states change. IDEAL FOR: - Momentum traders seeking explosive moves - Swing traders (especially 4H timeframe) - Position traders wanting institutional footprints - Anyone tired of false breakout signals Default parameters (10,5) optimized for 4H charts but adaptable to any timeframe. Remember: The market rewards patience and punishes heroes. Wait for clear signals. "The market is honest. Are you?"
Pine Script® indicator
by bremen_strategist
5
MACD Trend StatusOverview: The Dynamic MACD Trend Status indicator is a sophisticated yet easy-to-interpret tool designed to provide instant, color-coded insights into the current MACD momentum and trend strength directly on your chart. Unlike traditional MACD indicators that clutter your main price panel, this indicator distills complex MACD calculations into a single, prominent text label, ideal for quick confirmations and fast-paced trading. It features two distinct logic modes, allowing you to customize its sensitivity and confirmation level, making it adaptable to various market conditions and trading styles. Key Features & How It Works: Two Selectable Logic Modes: This indicator offers a unique dropdown setting (Logic Selection) to switch between two powerful MACD interpretation algorithms: a) Option 3 (Robust) - (Default) This is the most stringent and reliable mode, designed to filter out market noise and highlight only strong, accelerating trends. It declares a "Bullish" or "Bearish" status when ALL of the following conditions are met: Bullish: MACD Line is above Signal Line AND MACD Histogram is positive AND MACD Histogram is increasing (momentum is accelerating) AND both MACD Line and Signal Line are above the Zero Line (confirming an overall uptrend). Bearish: MACD Line is below Signal Line AND MACD Histogram is negative AND MACD Histogram is decreasing (momentum is accelerating) AND both MACD Line and Signal Line are below the Zero Line (confirming an overall downtrend). Neutral: If none of the above strong conditions are met, indicating sideways movement, weakening momentum, or a transition phase. b) Option 4 (Simplified + Enhanced) This mode offers a more responsive signal while still providing a clear distinction for exceptionally strong moves. It determines status based on: "MACD Bullish +" (Super Bullish): If all the rigorous conditions of "Option 3 (Robust) - Bullish" are met. This provides an immediate visual cue of extreme bullish strength within the simpler logic. "MACD Bearish +" (Super Bearish): If all the rigorous conditions of "Option 3 (Robust) - Bearish" are met. This highlights exceptional bearish strength. "MACD Bullish": MACD Line is above Signal Line AND MACD Histogram is positive (basic bullish momentum). "MACD Bearish": MACD Line is below Signal Line AND MACD Histogram is negative (basic bearish momentum). "MACD Neutral": If none of the above conditions are met. Instant Color-Coded Status: The indicator provides clear visual feedback through dynamic text colors: Green: "MACD Bullish" (Standard Bullish) Red: "MACD Bearish" (Standard Bearish) Gray: "MACD Neutral" (Choppy/Unclear) Blue: "MACD Bullish +" (Enhanced Strong Bullish - when using Option 4) Fuchsia/Purple: "MACD Bearish +" (Enhanced Strong Bearish - when using Option 4) (Note: Colors for "+" signals are customizable in the code if you wish) Unobtrusive Display: The status is displayed in a transparent, discreet table positioned at the middle-right of your main chart panel. This avoids cluttering the top corners or the indicator sub-panel, keeping your price action clear. Ideal Use Cases: Quick Confirmation: Rapidly confirm your trade ideas with a glance at the MACD's underlying momentum. Scalping & Day Trading: The instant visual feedback is invaluable for fast-paced short-term strategies. Momentum Filtering: Use it to filter trades, ensuring you're entering when MACD momentum is in your favor. Complementary Tool: Designed to work hand-in-hand with your primary analysis (price action, support/resistance, other indicators). It's not intended as a standalone signal but as a powerful re-confirmation tool. Customization Options: MACD Settings: Adjust Fast Length, Slow Length, and Signal Length. Logic Selection: Toggle between "Option 3 (Robust)" and "Option 4 (Simplified)" for different sensitivities. Show Status Text: Toggle the visibility of the status text On/Off. Text Size: Choose from "tiny", "small", "normal", "large", "huge" for optimal visibility. Important Disclaimer: This indicator is a technical analysis tool and should be used as part of a comprehensive trading strategy. It is not financial advice. Trading in financial markets involves substantial risk, and you could lose money. Always perform your own research and risk management.
Pine Script® indicator
by tessyjoppan