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WaveTrend RBF What it does WT-RBF extracts a “wave” of momentum by subtracting a fast Gaussian-weighted smoother from a slow one, then robust-normalizes that wave with a median/MAD proxy to produce a z-score (z). A short EMA of z forms the signal line. Optional dynamic thresholds use the MAD of z itself so overbought/oversold levels adapt to volatility regimes. How it’s built: Radial (Gaussian) smoothers Causal, exponentially-decaying weights over the last radius bars using σ (sigma) to control spread. fast = rbf_smooth(src, fastR, fastSig) slow = rbf_smooth(src, slowR, slowSig) wave = fast − slow (band-pass) Robust normalization A two-stage EMA approximates the median; MAD is estimated from EMA of absolute deviations and scaled by 1.4826 to be stdev-comparable. z = (wave − center) / MAD Thresholds Dynamic OB/OS: ±2.5 × MAD(z) (or fixed levels when disabled) Reading the indicator Bull Cross: z crosses above sig → momentum turning up. Bear Cross: z crosses below sig → momentum turning down. Exits / Bias flips: zero-line crosses (below 0 → exit long bias; above 0 → exit short bias). Overbought/Oversold: z > +thrOB or z < thrOS. With dynamics on, the bands widen/narrow with recent noise; with dynamics off, static guides at ±2 / ±2.5 are shown. Core Inputs Source: Price series to analyze. Fast Radius / Fast Sigma (defaults 6 / 2.5): Shorter radius/smaller σ = snappier, higher-freq. Slow Radius / Slow Sigma (defaults 14 / 5.0): Larger radius/σ = smoother, lower-freq baseline. Normalization Robust Z-Score Window (default 200): Lookback for median/MAD proxy (stability vs responsiveness). Small ε for MAD: Floor to avoid division by zero. Signal & Thresholds Dynamic Thresholds (MAD-based) (on by default): Adaptive OB/OS; toggle off to use fixed guides. Visuals Shade OB/OS Regions: Background highlights when z is beyond thresholds. Show Zero Line: Midline reference. (“Plot Cross Markers” input is present for future use.)
Pine Script® indicator
by Cmo22
Rolling Performance Metrics TableRolling Performance Metrics Table A clean, customizable table overlay that displays rolling performance metrics across multiple time periods. Perfect for quickly assessing price momentum and performance trends at a glance. FEATURES: - Displays performance across 5 time periods: 1 Week, 3 Month, 6 Month, 1 Year, and 2 Year - Shows historical price at the start of each period - Calculates both absolute price change and percentage change - Color-coded results: Green for positive performance, Red for negative performance - Fully transparent design with no background or borders - text floats cleanly over your chart - Customizable table position (9 placement options) DISPLAY COLUMNS: 1. Period - The lookback timeframe 2. Price - The historical price at the start of the period 3. Change (Value) - Absolute price change from the period start 4. Change (%) - Percentage return over the period CUSTOMIZATION: - Adjust the number of bars for each period (default: 1 Week = 5 bars, 3 Month = 63 bars, 6 Month = 126 bars, 1 Year = 252 bars, 2 Year = 504 bars) - Choose from 9 table positions: Top, Middle, Bottom combined with Left, Center, Right - Default position: Middle Left USAGE: Perfect for traders who want to quickly assess momentum across multiple timeframes. The transparent overlay design ensures minimal obstruction of chart analysis while providing critical performance data at a glance. NOTE: - The table only appears on the last bar of your chart - Customize bar counts in settings to match your specific timeframe needs (e.g., daily vs hourly charts) - "N/A" appears when historical data is insufficient for the selected period
Pine Script® indicator
by bobmcallan
TTM Squeeze Pro - IntradayTTM Squeeze Pro – Intraday (AI MTF Edition) Design Rationale This indicator is built to help traders identify when markets are consolidating, when volatility is building (squeeze), and when a breakout or trend is starting — all across multiple timeframes. The design combines three powerful ideas: Volatility Compression & Expansion (TTM Squeeze Logic): By comparing Bollinger Bands (BB) and Keltner Channels (KC), the indicator detects when volatility contracts (BB inside KC). These moments often precede explosive moves. White dots on the BB basis line mark these “squeeze” periods. Trend Strength & Direction (ADX System): The ADX (Average Directional Index) measures how strong a trend is. ADX rising above the threshold → trending market. ADX falling below the threshold → consolidation. The system classifies each bar as Trending Up, Trending Down, Consolidating, or Neutral, depending on ADX and momentum direction. Multi-Timeframe (MTF) Alignment: The same logic is applied to several timeframes (1m, 3m, 5m, 15m, 30m, 1h). A compact table at the top-right shows each timeframe’s trend and squeeze strength. This helps traders see whether short-term and higher timeframes are aligned, improving trade confidence and timing. The AI Enhancer automatically adjusts all parameters (ADX, BB, KC lengths, and thresholds) depending on the current chart timeframe, keeping signals consistent between scalping and swing trading setups. Trend and squeeze strengths are normalized on a 1–9 scale, giving users a quick numerical sense of trend power and squeeze intensity. The design emphasizes clarity, speed, and adaptability — critical for intraday trading decisions. How to Use Identify a Squeeze Setup: Look for white dots on the chart — this marks low volatility and potential energy buildup. Wait for Breakout Confirmation: When the white dots disappear, volatility expands. Check the MTF table — if multiple timeframes show green (uptrend) or red (downtrend) in the “TR” column, momentum is aligning. Enter the Trade: Go long if breakout happens above BB basis and most timeframes show green. Go short if breakout happens below BB basis and most timeframes show red. Exit or Manage Position: When new white dots appear → volatility contracting again → consider exiting or tightening stops. If MTF colors become mixed → trend losing strength. In Summary The TTM Squeeze Pro – Intraday AI MTF Indicator blends volatility analysis, trend strength, momentum, and multi-timeframe alignment into one adaptive tool. Its design aims to simplify complex market behavior into a visual, data-backed format — enabling traders to catch high-probability breakout trends early and avoid false moves during low-volatility phases.
Pine Script® indicator
by Just-a-Trader
Buy Strength in Percentage ( 1-%sell) Strength(1)(14) Version 1This indicator will show (Buy) strength only in percentage(%) on scale from 0% to 100% Formula: 100% volume = %sell + %buy ( It will only show %Buy ) which means %volume - %sell or 1-%sell = % buy. Example If it shows buy strength is 5%, it will reflect the candle has a huge sell body with 95% volume is bearish. This one will works best with a volume indicator to show with a high volume, how many % buy or sell in that volume. You can still easily analyze it through a basic Volume candle in your mind, but this one will be performed in a chart for you to scan it.
Pine Script® indicator
by phillipphucbuihong
DM Multimembrane TablePurpose It’s designed to visually summarize the trend direction across several timeframes (1D, 4H, 1H, 15m, and 5m) — all in a compact table displayed on your chart. It helps you quickly see whether the market is trending up, down, or sideways across short-term and long-term views. How It Works For each timeframe (1D → 5m): It calculates two Exponential Moving Averages (EMAs): A Fast EMA (default 50) A Slow EMA (default 200) It compares: The current price (close) The relationship between Fast EMA and Slow EMA It then defines the trend: Uptrend → if price > slow EMA and fast EMA > slow EMA Downtrend → if price < slow EMA and fast EMA < slow EMA Neutral → everything else (mixed or consolidating) Display It creates a small table in the top-right corner of your chart with two columns: Timeframe Trend 1D Up / Down / Neutral 4H Up / Down / Neutral 1H Up / Down / Neutral 15m Up / Down / Neutral 5m Up / Down / Neutral Each Trend cell is color-coded: Green = Uptrend Red = Downtrend Gray = Neutral User Inputs You can adjust: Fast EMA length (default 50) Slow EMA length (default 200) Whether to show table borders Practical Use Traders use it to: Quickly confirm trend alignment across timeframes. Spot when short-term and long-term trends agree (a strong trend confirmation). Identify mixed signals (potential reversals or consolidations).
Pine Script® indicator
by evistatrading
Strong PivotsThis finds pivots based on your inputs (number of candles back and forward that are above or below the range of the potential pivot points) and then optionally changes the color to help you visually identify the pivot. You can also specify pivots as strong pivots if they reverse in 1 time segment beyond a certain percentage (wick % of full candle range). For example, if the pivot is at a high point but has a green body candle and a wick > 35% of the candle, it will change the body color to red to help visually understand that the candle can be considered a strong part of the downtrend, regardless of it closing green. This will help your mind interpret the top pivot candle as part of the potential trend reversal for the following candles and could even be used as part of your strategy ruleset.
Pine Script® indicator
by supernat10
1
Devils Mark Plus Volume Imbalance Multi TimeframeFollowing the success of the devil marks multi timeframe indicator I decided to add volume imbalance. Devils mark code remains unchanged here. Functionality of the Devils mark remains the same as in when a candle prints without a wick at either end it indicates an area of price imbalance and it is assumed that the market will want to re-balance this level at some point in the future. The same can be said for volume imbalances where 2 adjacent candles bodies don't meet. Again it it assumed the market will come back at some point to readdress this imbalance. Once mitigated the volume imbalance will be removed by the indicator. These areas are best used to add confluence to trade ideas and shouldn't be used to formulate trade ideas on their own. A table is included for easy reference. Please note that data for timeframes lower than the current timeframe will not be shown. It is also worth noting that data on much higher timeframes than the current chart timeframe may not be shown due to data restrictions. If in doubt go up a timeframe ! I hope you find this indicator useful.
Pine Script® indicator
by gj7rwt
🚀 DocBrown PRO Edition V14++🚀 DocBrown PRO Edition V14++ | Advanced 10-Minute Scalping System A sophisticated algorithmic trading bot designed for high-frequency scalping on 10-minute timeframes, delivering exceptional results with 91%+ win rate and controlled 6.5% maximum drawdown. Key Features: Multi-Layer EMA System with dynamic support/resistance detection Adaptive Volatility Stop Loss (VATS) - automatically adjusts to market conditions Smart Entry Filters - ADX-based trend detection prevents range-bound losses Dynamic Take Profit - targets key S&R levels for optimal exits Anti-Liquidation Protection - multiple safety mechanisms including ATR trailing stops Momentum Derivative Logic - closes positions before reversals hit your stop loss Breakeven Protection - locks in profits automatically after minimal gains Risk Management Excellence: ✅ Automatic stop-loss at breakeven + commission buffer ✅ Counter-trend detection with multi-confirmation system ✅ Volume spike protection against adverse moves ✅ Stagnation exit to avoid dead positions ✅ Consecutive bar monitoring for early exit signals Optimized for: BTC, ETH, and high-volume altcoin pairs on leverage (20x recommended) Performance: 17.76% net profit with 34.4 profit factor - wins $34 for every $1 risked. Perfect for traders seeking consistent scalping profits with institutional-grade risk management.
Pine Script® strategy
by neurodoc
1
COT Index Indicator 1) One‑liner My version of the OTC COT Index indicator: a 0–120 oscillator built from CFTC COT data that shows where Commercial, Noncommercial, and Nonreportable net positions sit relative to recent extremes. 2) Short paragraph This is my version of the OTC COT Index indicator. It converts CFTC Commitments of Traders (COT) net positions into a normalized 0–120 oscillator for each trader group—Commercials, Noncommercials, and Nonreportables—so you can quickly see when positioning is near recent highs or lows. Data comes from TradingView’s official COT library and supports both “Futures Only” and “Futures and Options” reports. 3) Compact bullets What: My version of the OTC COT Index indicator Why: Quickly spot when trader groups are near positioning extremes Data: CFTC COT via TradingView/LibraryCOT/2; Futures Only or Futures & Options How: Index = 120 × (Current − Min) ÷ (Max − Min) over a configurable lookback Plots: Commercials (blue), Noncommercials (orange), Nonreportables (red) Lines: Overbought, Midline, Oversold, optional 0/100, upper/lower bounds Note: Values are relative to the chosen window; not trading advice 4) Publication‑ready (sections) Overview My version of the OTC COT Index indicator. It turns CFTC COT positioning into a 0–120 oscillator per trader group (Commercials, Noncommercials, Nonreportables) to highlight relative extremes. Data source CFTC Commitments of Traders via TradingView’s official library (TradingView/LibraryCOT/2). Supports “Futures Only” and “Futures and Options.” Method Net positions = Longs − Shorts. Index = 120 × (Current Net − Min(Net, Lookback)) ÷ (Max(Net, Lookback) − Min(Net, Lookback)). Inputs Weeks Look Back (normalization window) Weeks Look Back for Historical Hi/Los (longer reference) Report Type selection Visuals Three indexes by trader group, plus reference levels (OB/OS, Midline, optional 0/100). Notes Some symbols map to specific CFTC codes for reliability. If no relevant COT data exists for the symbol, the script reports it clearly. If you want this adapted to a specific platform’s character limits (e.g., TradingView’s publish dialog), tell me the target length and I’ll trim it to fit.
Pine Script® indicator
by dragos_cocos_dev
F & W SMC Alerthis script is a custom TradingView indicator designed to combine elements of a trend‑following VWAP approach (inspired by the “Fabio” strategy) with a smart‑money‑concepts framework (inspired by Waqar Asim). Here’s what it does: * **Directional bias:** It calculates a 15‑minute VWAP and compares the current 15‑minute close to it. When price is above the 15‑minute VWAP, the script assumes a long bias; when below, a short bias. This reflects the trend‑following aspect of the Fabio strategy. * **Liquidity sweeps:** Using recent pivot highs and lows on the current timeframe, it identifies when price takes out a recent high (for potential longs) or low (for potential shorts). This represents a “liquidity sweep” — a fake breakout that collects stops and signals a possible reversal or continuation. * **Break of structure (BOS):** After a sweep, the script confirms that price is breaking away from the swept level (i.e., higher than recent highs for longs or lower than recent lows for shorts). This BOS confirmation helps avoid false signals. * **Entry filters:** For a long setup, the bias must be long, there must be a liquidity sweep followed by a BOS, and price must reclaim the current‑timeframe VWAP. For a short setup, the opposite conditions apply (short bias, sweep + BOS to the downside, and price rejecting the VWAP). * **Alerts and plot:** It provides two alert conditions (“Fabio‑Waqar Long Setup” and “Fabio‑Waqar Short Setup”) that you can attach to notifications. It also plots the intraday VWAP on your chart for visual reference. In short, this script watches for a confluence of trend direction, liquidity sweeps, structural shifts, and VWAP reclaim/rejection, and then notifies you when those conditions align. You can use it as an alerting tool to identify high‑probability setups based on these combined strategies.
Pine Script® indicator
by dunnikarp
Relative Valuation OscillatorThis is a Relative Valuation Oscillator (RVO) this is attempt of replication OTC Valuation - a sophisticated multi-asset comparison indicator designed to measure whether the current asset is overvalued or undervalued relative to up to three reference assets. Overview The RVO compares the current chart's asset against reference assets (default: 30-Year Treasury Bonds, Gold, and US Dollar Index) to determine relative strength and valuation extremes. It outputs normalized oscillator values ranging from -100 (undervalued) to +100 (overvalued). Key Features Multiple Calculation Methods The indicator offers 5 different calculation approaches: Simple Ratio - Normalized ratio deviation from average Percentage Difference - Percentage change comparison Ratio Z-Score - Standard deviation-based comparison Rate of Change Comparison - Momentum differential analysis (default) Normalized Ratio - Min-max normalized ratio Configurable Reference Assets Asset 1: Default ZB (30-Year Treasury Bond Futures) - tracks interest rate sensitivity Asset 2: Default GC (Gold Futures) - tracks safe-haven and inflation dynamics Asset 3: Default DXY (US Dollar Index) - tracks currency strength Each asset can be enabled/disabled independently Fully customizable symbols Visual Components Multiple oscillator lines - One for each active reference asset (color-coded) Average line - Combined signal from all active assets Overbought/Oversold zones - Configurable threshold levels (default: ±80) Zero line - Neutral valuation reference Background coloring - Visual zones for extreme conditions Signal line - Optional smoothed average Entry markers - Long/short signals at key reversals Signal Generation Crossover alerts - When crossing overbought/oversold levels Entry signals - Reversals from extreme zones Divergence detection - Bullish/bearish divergences between price and oscillator Zero-line crosses - Trend strength changes Customization Options Lookback period (10-500): Controls statistical calculation window Normalization period (50-1000): Determines scaling sensitivity Smoothing toggle: Optional EMA/SMA smoothing with adjustable period Visual customization: Colors, levels, and display options Information Table Real-time dashboard showing: Average oscillator value Current status (Overvalued/Undervalued/Neutral) Current asset price Individual values for each active reference asset Use Cases Mean reversion trading - Identify extreme relative valuations for reversal trades Sector rotation - Compare assets within similar categories Hedging strategies - Understand correlation dynamics Multi-asset analysis - Simultaneously compare against bonds, commodities, and currencies Divergence trading - Spot price/oscillator divergences Trading Strategy Applications Long signals: When oscillator crosses above oversold level (asset recovering from undervaluation) Short signals: When oscillator crosses below overbought level (asset declining from overvaluation) Confirmation: Use multiple reference assets for stronger signals Risk management: Avoid trading when all assets show neutral readings This indicator is particularly useful for traders who want to incorporate inter-market analysis and relative strength concepts into their trading decisions, especially in OTC (Over-The-Counter) and futures markets.
Pine Script® indicator
by dragos_cocos_dev
Fabio + Waqar SMC AlertThis script is a custom TradingView indicator designed to combine elements of a trend‑following VWAP approach (inspired by the “Fabio” strategy) with a smart‑money‑concepts framework (inspired by Waqar Asim). Here’s what it does: * **Directional bias:** It calculates a 15‑minute VWAP and compares the current 15‑minute close to it. When price is above the 15‑minute VWAP, the script assumes a long bias; when below, a short bias. This reflects the trend‑following aspect of the Fabio strategy. * **Liquidity sweeps:** Using recent pivot highs and lows on the current timeframe, it identifies when price takes out a recent high (for potential longs) or low (for potential shorts). This represents a “liquidity sweep” — a fake breakout that collects stops and signals a possible reversal or continuation. * **Break of structure (BOS):** After a sweep, the script confirms that price is breaking away from the swept level (i.e., higher than recent highs for longs or lower than recent lows for shorts). This BOS confirmation helps avoid false signals. * **Entry filters:** For a long setup, the bias must be long, there must be a liquidity sweep followed by a BOS, and price must reclaim the current‑timeframe VWAP. For a short setup, the opposite conditions apply (short bias, sweep + BOS to the downside, and price rejecting the VWAP). * **Alerts and plot:** It provides two alert conditions (“Fabio‑Waqar Long Setup” and “Fabio‑Waqar Short Setup”) that you can attach to notifications. It also plots the intraday VWAP on your chart for visual reference. In short, this script watches for a confluence of trend direction, liquidity sweeps, structural shifts, and VWAP reclaim/rejection, and then notifies you when those conditions align. You can use it as an alerting tool to identify high‑probability setups based on these combined strategies.
Pine Script® indicator
by dunnikarp
Bollinger Band Spread (Dunk)Bollinger Band Width measures the distance between the upper and lower Bollinger Bands. It reflects market volatility—wider bands mean higher volatility, narrower bands mean lower volatility. When the width contracts to low levels, it can signal price consolidation and potential breakouts. When the width expands, it indicates active markets or strong trends. Traders use it to spot volatility squeezes, confirm breakouts, and compare relative volatility across assets or timeframes.
Pine Script® indicator
by dunk-devs
Session Breakout, Retest, Reversal + Large Move Alert# Script Description for Publication ## Script Name **Session Breakout, Retest, Reversal + Large Move Alert** ## Short Description A professional trading indicator that identifies session breakouts, failed retests, and large intraday price movements across any futures contract with real-time alerts and visual markers. ## Long Description This comprehensive indicator combines session analysis with dynamic move detection, designed for active traders monitoring ES, NQ, GC, CL, and other futures contracts. **Core Features:** **Session Tracking:** Automatically identifies and marks daily session breakouts and failed retests based on user-defined session times and timezones. The indicator draws visual boxes showing session highs (PH) and lows (PL), with labels marking breakout (BO) and retest failure (RF) points. **Dynamic Large Move Detection:** Monitors candles on any chart interval for significant price movements. The threshold is fully customizable per futures contract (default 15 points for ES/NQ/GC). When a candle closes with a move exceeding the threshold, the indicator displays a "BO" label with the exact move size and current chart timeframe. **Real-Time Alerts:** Triggers active alerts whenever large moves are detected, allowing traders to receive instant notifications via TradingView's alert system for timely entry or exit opportunities. **Multi-Timeframe Compatible:** Works seamlessly on any chart interval (1-minute through daily and beyond) without manual adjustments. The detection threshold automatically applies to the current chart's candles, with labels displaying the active timeframe. **Universal Futures Support:** Configurable for any futures contract by adjusting the point threshold input parameter based on each contract's typical volatility. ## Key Inputs | Input | Default | Purpose | |-------|---------|---------| | Session Time | 0400-0930 | Defines trading session hours (pre-market session) | | Session Timezone | America/New_York | Sets timezone for session detection | | Point Move Threshold | 15.0 | Minimum point move to trigger alert (adjust per futures: ES=15, GC=15, CL=1.5) | ## How to Use 1. **Add to Chart:** Search for this indicator in TradingView and add it to your futures chart (ES, NQ, GC, CL, etc.) 2. **Configure Inputs:** - Set session start/end times for your preferred trading session - Adjust point threshold based on your futures contract - Verify timezone matches your trading location 3. **Create Alerts:** - Click "Create Alert" on the chart - Select "Large Move Alert" from the condition dropdown - Choose notification method (push, email, or SMS) - Set desired frequency 4. **Monitor Moves:** - Watch for "BO" labels appearing on confirmed candles - Each label shows the threshold value and actual move size - Combine with your existing trading strategy for confirmation ## Visual Elements - **Session Box:** Blue shaded area showing session high/low range - **PH Label:** Green label marking session high (pivot high) - **PL Label:** Red label marking session low (pivot low) - **BO ↑/↓ Labels:** Lime/red labels marking session breakouts - **RF Labels:** Yellow/orange labels marking failed retests - **Large Move Labels:** Green (bullish) or red (bearish) labels showing threshold breaches with move size ## Ideal For - Scalpers monitoring quick intraday moves - Day traders tracking pre-market breakouts - Futures traders on ES, NQ, GC, CL, and other contracts - Multi-timeframe traders watching various chart intervals simultaneously - Alert-based automated trading systems ## Technical Details - **Pine Script Version:** 5 - **Overlay:** Yes (displays on price chart) - **Historical Buffer:** 5000 bars (supports 1-minute and lower timeframes) - **Compatibility:** All futures contracts and chart intervals ## Disclaimer This indicator is provided for educational and informational purposes only. It is not financial advice. Users should conduct their own research and consult with financial professionals before making trading decisions. Past performance does not guarantee future results. ---
Pine Script® indicator
by Jay_R_Dhanki
1
FDT Pro FDT Pro – The all-in-one futures trading kit used by serious traders. INSTITUTIONAL TOOLS, RETAIL PRICE: $0 • Daily VWAP + Standard Deviation Bands (±1, ±2 SD) • 9 & 20 EMA – Fast & slow trend confirmation • Daily Volume Profile – POC, VAH, VAL (70% Value Area) • Volume Delta – Real-time buying vs selling pressure • Cumulative Delta – Net order flow tracking • Auto-reset every session (RTH/ETH compatible) • Zero runtime errors – mobile & desktop tested • Pine Script v6 – future-proof WORKS ON: ✓ /ES, /NQ, /CL, /GC, /SI, /BTC, /ETH ✓ 1m to 1D timeframes ✓ Scalping, day trading, swing trading HOW TO USE: 1. Add to chart 2. Save as Template → "FDT Pro" 3. Apply to any futures contract in 1 click NO PREMIUM. NO TRIAL. NO BS. Built for traders who refuse to pay for edge. FDT Pro – Because your P&L shouldn’t fund someone else’s indicator. HOW IT WORKS FDT Pro – TOOL LEGEND YELLOW LINE → VWAP Daily fair value. Price above = bullish bias. ORANGE CIRCLES → ±1 SD 68% of price action. Mean reversion zones. RED CIRCLES → ±2 SD 95% extremes. Breakout or reversal levels. AQUA LINE → EMA 9 Fast momentum. Entry timing. PINK LINE → EMA 20 Trend filter. Avoid counter-trend trades. YELLOW THICK LINE → POC Price of Control. Strongest support/resistance. BLUE BOX → VALUE AREA (70%) Where 70% of volume traded. "Fair price" zone. LABEL (POC/VAH/VAL) → KEY LEVELS POC = Control | VAH = Top of value | VAL = Bottom GREEN/RED BARS → VOLUME DELTA Green = buying pressure | Red = selling pressure PURPLE LINE → CUMULATIVE DELTA Net order flow. Divergence = reversal setup. HOW TO TRADE: • Buy dips to POC/VAL if delta turns green • Short rallies to POC/VAH if delta turns red • Break above VAH = long | Below VAL = short • Use VWAP as dynamic stop or target NO PREMIUM. NO ERRORS. NO LIMITS.
Pine Script® indicator
by RyanCrottie
RBD + SMA/EMA/ORB + Buy/Sell ComboWhat is SMA (Simple Moving Average)? The Simple Moving Average (SMA) smooths out price data by calculating the average closing price over a specific number of periods. It helps identify trend direction and potential reversals. 📊 SMA 21 and SMA 50 Explained: SMA Description Use SMA 21 Short-term moving average (last 21 candles) Shows short-term trend and momentum SMA 50 Medium-term moving average (last 50 candles) Shows medium-term trend and key support/resistance levels ⚙️ How to Use Them Together: Bullish Signal (Buy) 🟢 When SMA 21 crosses above SMA 50, it’s called a Golden Cross → trend turning up. Indicates potential buy or long opportunity. Bearish Signal (Sell) 🔴 When SMA 21 crosses below SMA 50, it’s called a Death Cross → trend turning down. Indicates potential sell or short opportunity. Trend Confirmation: Price above both SMAs → uptrend. Price below both SMAs → downtrend. Support/Resistance: During uptrends, SMA 21 often acts as dynamic support. During downtrends, SMA 50 can act as resistance. ⏱ Example (for 10-min Nifty chart): If SMA 21 > SMA 50 and price trades above both → look for buy on dips. If SMA 21 < SMA 50 and price stays below → look for sell on rise setups.
Pine Script® indicator
by yuvarajvep