Get started

Chart patterns

Nadaraya-Watson Envelope & ATR & CE & EMA - Step 1📈 Multi-Layered Trend and Reversal Toolkit 🧠 Why These Components Are Combined This closed-source script integrates four distinct yet complementary logic modules for a complete trend and reversal assessment: Nadaraya-Watson Envelope: Applies kernel smoothing to model dynamic price envelopes. ATR-based Zones: Provide adaptive buffer zones for reversal or take-profit planning. Chandelier Exit (CE): Tracks trend direction changes based on recent price extremes and volatility. Multi-EMA Channels: Help identify macro trend bias and potential entry zones. Each module contributes a unique market context layer: trend bias, price expansion, breakout timing, and adaptive risk control. 🔍 Key Modules Overview 📐 1. Nadaraya-Watson Envelope (NWE) Estimates high/low zones with Gaussian regression. Supports both repaint and non-repaint modes. Arrows (▲▼) appear when price crosses envelope boundaries. 📊 2. ATR Stop Zones Uses smoothed volatility to display dynamic high/low thresholds. Displays a data table for traders to reference stop zone values. Smoothing methods selectable via menu. 🎯 3. Chandelier Exit Highlights trend reversals using a volatility-based trailing mechanism. Displays Buy/Sell labels when state changes occur. Filled areas change color depending on regime (bull/bear). 📶 4. EMA Trend Channels Four adaptive EMAs help filter trend directions. Serves as a higher-timeframe guide or squeeze detector. ⚙️ Suggested Use Cases Confirm NWE breakouts with EMA slope alignment. Combine CE labels with ATR zones for risk-aware entries/exits. Use alerts for direction change to build semi-automated systems. ✅ Originality Statement This script is not a superficial mashup. It offers a unified framework integrating statistical, trend, and volatility analysis into a practical, modular tool. Each module can be enabled/disabled independently for strategy adaptation. ⚠️ Disclaimer For educational and research purposes only. Not financial advice. Use at your own risk.
Pine Script® indicator
by jia1109
1
adc pivotstest╔═════════════════════════════════════════════════════════════════╗ ║ PIVOTS MULTI TF BODO ║ ║ ║ ║ © 2025 Your Name or Username ║ ║ Version: 1.0 ║ ║ ║ ║ Description: ║ ║ This script plots Traditional Pivot Points (PP, S1–S3, R1–R3) ║ ║ based on a user-selected timeframe (Daily, Weekly, Monthly). ║ ║ It includes optional labels and extended line settings. ║ ║ ║ ║ How to Use: ║ ║ – Add the indicator to your chart ║ ║ – Select your pivot timeframe (D/W/M) in settings ║ ║ – Toggle label visibility and line extensions as needed ║ ║ ║ ║ Contac ║ ║ Redistribution is not allowed without permission. ║ ║ ║ ║ For educational purposes only. Trade responsibly. ║ ╚═════════════════════════════════════════════════════════════════╝
Pine Script® indicator
by andrewdeanc
Gold AI Smart Liquidity structure Signal SMC MA Title: Gold AI Smart Liquidity Signal SMC hull protected Description: Indicator Philosophy and Originality: This indicator is not merely a collection of separate tools, but an integrated trading framework designed to improve decision-making by ensuring signal confluence. The core philosophy is that high-probability trading signals occur when multiple, distinct analysis methodologies align. The originality of this script lies in how it systematically combines a leading signal (the Liquidity Breakout) with lagging confirmation tools (the Classic Filters and the Hull MA). A user can see a primary breakout signal and immediately validate its strength against the broader trend defined by the Hull MA and the specific conditions of the classic filters. This synergy, where different components work together to validate a single event, is the primary value and reason for this mashup. It provides a structured, multi-layered confirmation process within a single tool, which is not achievable by adding these indicators separately to the chart. This indicator is a comprehensive technical analysis tool designed to identify potential trading opportunities and provide supplemental trend analysis. It features a primary signal engine based on pivot trendline breakouts, a sophisticated confirmation layer using classic technical indicators, and two separate modules for discretionary analysis: an ICT-based structure plotter and a highly customizable Hull Moving Average (HMA). This document provides a detailed, transparent explanation of all underlying logic. 1. Core Engine: Pivot-Based Liquidity Trendline Signals The indicator's foundational signal is generated from a custom method we call "Liquidity Trendlines," which aims to identify potential shifts in momentum. How It Works: The script first identifies significant swing points in the price using the ta.pivothigh() and ta.pivotlow() functions. It then draws a trendline connecting consecutive pivot points. A "Liquidity Breakout" signal (liquidity_plup for buy, liquidity_pldn for sell) is generated when the price closes decisively across this trendline, forming the basis for a potential trade. 2. The Signal Confirmation Process: Multi-Layered Filtering System A raw Liquidity Breakout signal is only a starting point. To enhance reliability, the signal must pass through a series of user-enabled filters. A final Buy or Sell signal is only plotted if all active filter conditions are met simultaneously. General & Smart Trend Filters: Use a combination of EMAs, DMI (ADX), and market structure to define the trend. Signals must align with the trend to be valid. RSI & MACD Filters: Used for momentum confirmation (e.g., MACD line must be above its signal line for a buy). ATR (Volatility) Filter: Ensures trades are considered only when market volatility is sufficient. Support & Resistance (S&R) Filter: Blocks signals forming too close to key S&R zones. Higher Timeframe (HTF) Filter: Provides confluence by checking that the trend on higher timeframes aligns with the signal. 3. Visual Aid 1: ICT-Based Structure & Premium/Discount Zones This module is for visual and discretionary analysis only and does not directly influence the automated Buy/Sell signals. ICT Market Structure: Plots labels for Change of Character (CHoCH), Shift in Market Structure (SMS), and Break of Market Structure (BMS). This is based on a Donchian-channel-like logic that tracks the highest and lowest price over a user-defined period (ict_prd) to identify structural shifts. ICT Premium & Discount Zones: When enabled, it draws colored zones on the chart corresponding to Premium, Discount, and Equilibrium levels, calculated from the range over the defined ICT period. 4. Visual Aid 2: Hull Moving Average (HMA) Integration This is another independent tool for trend analysis, offering significant customization. It does not affect the primary Buy/Sell signals but has its own alerts and serves as a powerful visual confirmation layer. Hull Variations: Users can choose between three types of Hull-style moving averages: HMA (Hull Moving Average), THMA (Triple Hull Moving Average), and EHMA (Exponential Hull Moving Average). Customization: The length, source, and a length multiplier are fully adjustable. It can also be configured to display the Hull MA from a higher timeframe. Visuals: The Hull MA can be displayed as a simple line or a colored band. The color can be set to change based on the Hull's slope, providing an at-a-glance view of the trend. This color can also be applied to the chart's candles. Alerts: Separate alerts can be configured for when the Hull MA crosses over or under its delayed version (ta.crossover(MHULL, SHULL)), signaling a change in its momentum. 5. Risk Management & Additional Features TP/SL Calculations: Automatically calculates Take Profit (TP) and Stop Loss (SL) levels for every valid signal based on the Average True Range (ATR). Multi-Timeframe (MTF) Scanner: A dashboard that monitors and displays the final Buy/Sell signal status across multiple timeframes. Session Filter & Alerts: Allows for restricting trades to specific market sessions and configuring alerts for any valid signal. By combining breakout detection with a rigorous confirmation process and supplemental analysis tools, this indicator provides a structured and transparent approach to trading.
Pine Script® indicator
by shadyshaban
Trading Dashboard with Volume AnalysisTrading Dashboard with Volume Analysis – Complete User Guide The aiTrendview Trading Dashboard is a comprehensive multi-factor overlay indicator designed to support traders with real-time signals, volume analytics, momentum assessment, and profit tracking in a single integrated interface. Built for use within TradingView, this script provides a complete trading decision support system suitable for beginners and advanced users alike. ________________________________________ Key Features and Functional Overview 1. Dashboard Configuration Users can customize the position (top, middle, bottom; left, center, right) and size of the on-screen dashboard for optimal visibility based on screen size and layout. An optional branding toggle allows the dashboard to be tailored for personal use or professional sharing environments. 2. Volume Analysis The dashboard computes: • Daily volume compared to an X-day moving average (default: 20) • Real-time buy/sell volume ratio • Volume pace analysis, comparing current session volume to expected progress These insights help identify significant volume anomalies, which can validate trend strength or signal potential reversals. 3. Signal Logic and Settings Users can customize the length and behavior of RSI and Supertrend indicators to match their trading strategy. Buy signals trigger when price crosses above Supertrend and RSI is below 70. Sell signals occur when price crosses below Supertrend and RSI is above 30. These configurations allow for responsive adaptation to different market conditions. 4. Visual Interface and Metrics The dashboard includes labeled sections for: • Entry/exit signals (“Buy”, “Sell”, “Bullish”, “Bearish”) • Momentum confirmation • Simulated trade status and percentage profit/loss • Volume ratios and pressure balance • Trailing stop levels and support/resistance detection • Daily market status compared to the previous close Color-coded data and progress-style gauges simplify real-time interpretation, making it easier to assess trade conditions at a glance. 5. Buy/Sell Pressure Calculation The script calculates volume pressure by allocating intrabar volume to upward or downward price movement and converts it into visual gauges. A clear dominance by either buyers or sellers becomes immediately visible through proportional green/red bars. 6. Alerts and Notifications The script includes alert conditions that notify users when: • Buy or Sell signals occur • Volume pressure exceeds thresholds • Volume pace deviates from expected norms This allows users to remain responsive to market shifts even if they’re not monitoring the chart continuously. ________________________________________ How to Use the Dashboard Step 1: Add the Script to Your Chart Paste the code into the Pine Script editor and apply it to your chart. Configure the table position and sizing as desired. Step 2: Configure Your Settings Adjust the volume averaging period, enable volume pace tracking, and set RSI and Supertrend lengths based on the asset and timeframe. Step 3: Read and Act on the Signals • Look for "Buy" or "Sell" signals in the dashboard. • Confirm signal strength with momentum and pressure readings. • Monitor profit/loss status and suggested actions such as “Hold”, “Take Profit”, or “Stop Loss”. Step 4: Apply Risk Management Use data from the “Levels” and “Trailing SL” sections to set stops and targets. Avoid trades with low conviction signals or conflicting data. Step 5: Enable Alerts Turn on alerts for signal changes or volume spikes to stay engaged with the market in real time. Step 6: Review and Refine Analyze dashboard data at the end of each session to evaluate trade quality and refine strategies over time. ________________________________________ Example Dashboard Interpretation Segment Sample Output Interpretation SIGNALS BUY Suggests initiating a long position MOMENTUM BULLISH Confirms trend direction POSITION ACTIVE A trade is in progress PROFIT 3.2% Gain from entry to current price VOLUME 66.2% Buy Buyers hold majority of current volume PRESSURE Green > Red bars Bullish control in current session LEVELS 544.80 Entry Entry/stop/target reference STATUS Bullish Price is above the previous close ________________________________________ Best Practices and Tips • Use dashboard insights alongside support/resistance and price action techniques. • Wait for signal confluence across multiple sections (signals, momentum, pressure). • Start on demo mode or with smaller positions while learning to interpret dashboard behavior. • Set appropriate alerts but verify conditions before acting. • Always apply sound risk management and position sizing. ________________________________________ Disclaimer from aiTrendview This indicator is intended solely for educational and informational purposes. It does not provide investment advice, trade signals, or guarantees of performance. aiTrendview and its affiliates are not responsible for any financial losses or decisions made using this tool. All forms of trading involve risk, and past performance of any indicator or strategy does not guarantee future results. Users are advised to conduct independent research or consult with a certified financial advisor before making trading decisions.
Pine Script® indicator
by aiTrendview-Charting-System
Volume Pressure Analysis - Live DataVolume Pressure Gauge and Volume Percentage Indicator – Pine Script Guide This indicator provides a simplified, real-time visualization of both volume pressure (buy vs. sell activity) and today’s trading volume in comparison to historical averages. It is designed to help traders assess whether buyers or sellers dominate the current session and whether today’s volume is significant relative to recent behaviour. ________________________________________ Key Functional Segments 1. Inputs and Configuration Users can configure the length of the Simple Moving Average (SMA) used to calculate average volume, set the position of the gauge table on the chart, and toggle the visibility of the volume pressure display. This allows flexibility in integrating the tool with various trading styles and chart layouts. 2. Volume Data Calculations The indicator calculates three key volume metrics: • volToday: The current day’s volume. • volAvg: The average volume over the user-defined SMA period (default is 20 bars). • volPct: The current volume as a percentage of the average. This enables traders to quickly recognize whether current trading activity is above or below normal, which can be a precursor to potential trend strength or weakness. 3. Volume Pressure Calculation The script estimates buying and selling pressure based on price movement and volume. It distributes volume into upward (buy) and downward (sell) segments and expresses them as percentages of the total volume. This gives an immediate sense of whether bulls or bears are more active in the current session. 4. Visual Representation (Progress Bars) The indicator renders a simplified visual gauge using horizontal bar segments (pseudo-bars) to reflect the proportion of buy and sell pressure. The length of each bar correlates with the strength of pressure from buyers or sellers, helping users assess dominance without analyzing candlestick behavior in depth. 5. Table Display A compact table is drawn on the chart showing: • Buy pressure percentage and corresponding bar. • Sell pressure percentage and corresponding bar. • Volume percentage compared to the recent average. This format makes it easy to evaluate volume dynamics at a glance, without cluttering the price chart or relying on separate overlays. ________________________________________ How Traders Benefit from This Indicator • Momentum Shift Detection: Early signs of trend reversal can be observed when volume pressure flips direction. • Breakout Validation: High volume combined with dominant pressure supports the credibility of breakout moves. • False Move Avoidance: If price moves on low volume or mixed pressure, traders can avoid low-probability entries. • Market Context Awareness: Users can assess whether a day is behaving normally in terms of participation or is unusually quiet or aggressive. ________________________________________ Basic Usage Guide 1. Add the script to your TradingView chart and set your preferred SMA length for volume comparison. 2. Customize the table’s position using the X and Y settings for clarity and alignment. 3. Interpret the outputs: o A higher red bar indicates dominant sell pressure. o A higher green bar indicates dominant buy pressure. o Volume % above 100% suggests above-average activity, while values below 100% may imply low conviction. 4. Apply to trading decisions: o High buy pressure and high volume may indicate a strong long opportunity. o High sell pressure and high volume may support short setups. o Low volume or conflicting signals may call for caution. 5. Combine with other tools such as trend indicators, support/resistance zones, or price action patterns for more reliable trade setups. ________________________________________ Practical Example • Sell Pressure: 70% → Suggests strong seller control; potential for short setups. • Buy Pressure: 30% → Weak buying interest; long trades may carry risk. • Volume Percentage: 120% → Indicates a surge in participation; movement may have greater validity. ________________________________________ Tips for New Traders • Use this indicator as a confirmation tool rather than a standalone strategy. • Begin on higher timeframes (4-hour or daily) to develop familiarity. • Compare multiple examples to identify reliable patterns over time. • Always incorporate proper risk management, including stop losses. ________________________________________ Disclaimer from aiTrendview This indicator is intended solely for educational and informational use. It does not constitute investment advice, trade signals, or financial recommendations. aiTrendview and its affiliates are not liable for any trading losses incurred through use of this tool. All trading involves risk. Past performance of any indicator does not guarantee future results. Users should conduct independent research and consult with a certified financial advisor before making any trading decisions.
Pine Script® indicator
by aiTrendview-Charting-System
Benford's Law Actual [Tagstrading]Benford’s Law Chart — First Digit Analysis of Percentage Price Drops This script visualizes the distribution of the leading digit in the percentage change of price drops, and compares it to the theoretical distribution expected by Benford’s Law. It helps traders, analysts, and quants to detect anomalies, unnatural behavior, or price manipulation in any asset or timeframe. How to Use Add to any chart or symbol (stocks, crypto, FX, etc.) and select the timeframe you wish to analyze. Set the “Number of Bars to Analyze” input (default: 500) to control the length of the historical window. The chart will display, for the latest window: A blue line: the actual leading-digit distribution for percentage price changes between bars. A red line: the expected distribution per Benford’s Law. Labels below and above: digit markers and the expected (theoretical) percentages. Summary panel on the right: frequency counts and actual vs. theoretical % for each digit. Interpretation: If your actual (blue) curve or digit counts are significantly different from the red Benford’s Law curve, it could indicate unnatural price action, fraud, bot activity, or structural anomalies. Why is this useful for TradingView? Financial forensics: Benford’s Law is a classic tool for detecting data manipulation and fraud in accounting. On charts, it can reveal if price movements are statistically “natural.” Transparency and confidence: Helps communities audit markets, brokers, or exchanges for irregularities. Adaptable: Works on any market, any timeframe. What makes this script unique? Focuses on % price changes, not raw prices. This provides a fair comparison across assets, symbols, and timeframes. Measures only the direction and magnitude of drops/rises — more suitable for detecting manipulation in active markets. Clear and customizable visualization: The Benford line, actual data, and summary are all visible and readable in one glance. Optimized for speed and clarity (runs efficiently on all major charts). How is it different from stg44’s Benford’s Law script? This script analyzes the leading digit of percentage price changes (i.e., how much the price drops or rises in %), while the original by stg44 analyzes the leading digit of price itself. Results are less sensitive to price scale and more comparable across volatile and non-volatile assets. The summary panel clearly shows ( ) for actual and for Benford theoretical values. Full code is commented and open for the community. Credits and Inspiration This script was inspired by “Benford’s Law” by stg44: Thanks to the TradingView community for sharing powerful visual ideas. — By tags trading
Pine Script® indicator
by TagsTrading
Professional Technical Analysis DashboardProfessional Technical Analysis Dashboard – Complete Guide This script is an advanced technical analysis dashboard built in Pine Script v5. It integrates 16 widely used technical indicators into a single, structured display designed for traders who need a consolidated view of market sentiment. The dashboard is divided into three key sections – Summary, Oscillators, and Moving Averages – enabling users to assess momentum, trends, and overall market bias in real-time. ________________________________________ Technical Foundation and Methodology Summary Section – Combined Market Signal The Summary section aggregates all 16 indicators (8 oscillators and 8 moving averages) to generate a combined score that reflects market sentiment. Each indicator contributes equally to the score. The combined signal ranges from -16 (strong sell) to +16 (strong buy), with thresholds defining zones such as Strong Buy, Buy, Neutral, Sell, and Strong Sell. This approach allows traders to quickly interpret overall market conditions without analyzing each indicator individually. Oscillators Section – Momentum Analysis This section tracks short-term momentum and overbought/oversold conditions using eight oscillators: RSI, Stochastic Oscillator, CCI, Williams %R, MACD, Momentum, Rate of Change (ROC), and Bollinger Bands. Each oscillator follows its conventional logic (e.g., RSI > 70 indicating overbought conditions) and is displayed alongside a visual indicator for quick assessment. This section is particularly effective for identifying potential reversals or timing short-term trades in range-bound markets. Moving Averages Section – Trend Analysis The trend analysis section uses five Simple Moving Averages (SMA 10, 20, 50, 100, 200) and three Exponential Moving Averages (EMA 10, 20, 50) to assess trend direction and strength across multiple timeframes. Price is compared to each moving average to determine a bullish, neutral, or bearish signal. For example, a price well above the 200-day SMA indicates a strong long-term uptrend. ________________________________________ How to Use the Dashboard Setup: 1. Paste the script into TradingView’s Pine Editor. 2. Add it to your chart. 3. Choose a timeframe suited to your strategy (e.g., 5–15 minutes for scalping, 1 hour for day trading, daily for long-term analysis). 4. Configure visual preferences such as table size and color scheme from the settings menu. Signal Interpretation: • A "Strong Buy" in the Summary combined with bullish Oscillators and Moving Averages suggests a high-probability long setup. • Conflicting signals (e.g., bullish Summary but bearish Oscillators) may warrant waiting for alignment before taking a position. • Position sizing can be adjusted based on the intensity of the combined signals. Trading Strategies: • Confirmation Trading: Enter trades only when all three sections align in the same direction. • Scalping: Use oscillators for overbought/oversold setups, combined with short-term moving averages for trend confirmation. • Trend Following: Use the Moving Averages section to identify sustained directional bias and follow pullbacks signaled by oscillators. ________________________________________ Risk Management Guidelines The dashboard is not a trading system but an analytical tool. Users can enhance their risk management by: • Allocating capital based on signal strength (e.g., stronger signals justify slightly larger positions). • Using stop losses tied to volatility or moving averages. • Reducing position size during conflicting signals or low-confidence readings. • Avoiding trades when signals are below 50% strength or in mixed zones. ________________________________________ Best Practices and Common Pitfalls • Always wait for confirmation across sections before entering trades. • Avoid over-leveraging based on a single signal. • Use appropriate timeframes – intraday traders should rely on shorter timeframes, while swing traders may focus on hourly or daily charts. • Keep a trading journal to monitor the effectiveness of signals and refine strategies over time. ________________________________________ Disclaimer from aiTrendview This script is intended solely for educational and informational purposes. It does not provide investment advice, trading signals, or guaranteed outcomes. aiTrendview and its affiliates are not liable for any financial losses incurred while using this script. All trading involves risk, and past performance of any technical indicator does not guarantee future results. Users are strongly advised to conduct independent research or consult with a licensed financial advisor before making any trading decisions.
Pine Script® indicator
by aiTrendview-Charting-System
Easy Market Structure BOS & CHoCH (Swing Logic)A trend reversal occurs when the direction of the market changes from an uptrend to a downtrend or vice versa. It is typically confirmed by a shift in price structure, such as a break of key support or resistance, a change in swing highs/lows, or specific candlestick patterns like engulfing or pin bars. Indicators like RSI divergence or moving average crossovers can also support reversal identification. Reversals often follow a strong trend and signal a potential new direction in price movement
Pine Script® indicator
by sandeepsohih84
HyperChannelThought for 1m 33sHyperChannel Exhaustion Indicator Overview This open-source indicator creates a dynamic volatility channel to identify trend directions and potential support/resistance levels, while incorporating momentum analysis, trend strength assessment, and a composite exhaustion metric to highlight possible trend fatigue and reversal points. The core idea is to combine volatility adaptation with multi-layered exhaustion signals, providing a unified tool that goes beyond standalone channels or oscillators. By integrating these elements, it offers a comprehensive view: the channel tracks price within volatile bounds, momentum detects strength or weakening, and exhaustion quantifies reversal risks—allowing users to spot continuations in strong trends or prepare for reversals during fatigue. This synergy creates a unique, actionable framework not found in isolated indicators, helping users make informed decisions across various market conditions. The indicator builds on public domain concepts like ATR-based channels and standard exhaustion ratios (with credits to Franklin Moormann for foundational exhaustion logic, significantly enhanced here through integration and scoring). Improvements include a custom composite score weighting multiple factors, adaptive coloring for visual clarity, and a dashboard for quick stats—resulting in a tool that's more than a simple merge, but a cohesive system for trend management. Key Features Volatility Channel: Plots adaptive upper and lower bands based on smoothed true range multiples around a price midpoint, with trend confirmation requiring consecutive closes beyond bands for reliability. Momentum Layer: Uses averaged relative changes across varying periods to flag strong impulses or pullbacks, enhancing channel breakouts with contextual strength. Trend Strength: Differentiates strong trends from ranges or transitions, altering band colors for intuitive reading (e.g., vibrant in trends, subdued otherwise). Exhaustion Metrics: A ratio-based signal comparing price advances to highs, smoothed to detect fading momentum. A composite score (0-100%) aggregating normalized exhaustion, divergence flags, and volume surges—low scores suggest trend health, medium warn of fatigue, high indicate reversal potential. Visuals: Band plots (active/inactive) with fills for trend highlighting. Circles on candles for pullback warnings. Candle coloring: Dark shades for robust trends (e.g., deep green/up, maroon/down), lighter/warning tones (yellow/up, orange/down) for weakening phases. Divergence labels on price vs. momentum for hidden/regular setups. Dashboard: Compact table with trend, risk score (integrated exhaustion), composite value, regime, and higher-timeframe levels; background gradients from green (low risk) to red (high) for at-a-glance reversal probability. Alerts: For channel events, momentum shifts, exhaustion thresholds, and signals. How It Works The indicator operates on core technical concepts without relying on external data: Channel Construction: Starts with true range (high-low, gaps) smoothed over a period (default 120) to form ATR. Bands are midpoint ± ATR multiple (default 3.0), tightened/loosened based on closes and momentum to avoid whipsaws. Trends flip only after confirmed breaches (default 2 bars), reducing false signals. Momentum Calculation: Aggregates percentage changes from short to long moving averages (defaults 10-200 periods), smoothed into dynamic thresholds. This detects "strong" (beyond multiples) vs. "exhausting" (pullbacks below fractions), feeding into channel logic and warnings. Strength and Regime: ADX (default period 14) classifies markets: above high threshold (25) as trending, below low (20) as ranging, in-between as transitioning (with bias if rising and momentum aligns). Exhaustion and Scoring: Compares cumulative closes above priors vs. new highs, smoothed (default length 10) into a slope: positive/negative for bull/bear, intensifying for strength. Composite score weights this normalization (40%), binary divergence checks on a standard oscillator (30%), and volume ratios (30%)—scaled to 0-100%. Thresholds (e.g., 80 for high) trigger color shifts. Reversal risk (0-100%) blends exhaustion depth, divergences, unconfirmed bars, and the score—labeled Low (<30%), Medium (30-70%), High (>70%). These interact: e.g., channel bands adjust with momentum, exhaustion colors candles/dashboard, creating a feedback loop for holistic analysis. Usage Suggestions Setup: Add to a clean chart (no other indicators unless combining for confluence, e.g., with volume—explain in notes). Use defaults for most assets; tweak ATR period/multiplier for volatility (shorter for crypto, longer for stocks). Set higher timeframe (default 60min) for context. Interpreting Trends: Green-filled uptrends (active support band) signal buys on pullbacks; red downtrends for shorts. Vibrant colors indicate ADX strength—trade with trend. Spotting Exhaustion/Reversals: Watch for yellow/orange candles (weakening signal) or circles (pullback warnings). Composite >80% (red dashboard cell) or high risk (yellow/orange table background) suggests exits/preparation. Divergences add confirmation: bullish (green label) near supports, bearish (red) at resistances. Regimes: Trending: Follow channel breaks. Ranging: Fade extremes. Transitioning: Wait for emerging bias. Alerts: Enable for real-time notifications—e.g., high exhaustion for potential tops/bottoms. Customization: Adjust weights for risk sensitivity (e.g., boost exhaustion for conservative trading). Test on historical data to align with strategy; aim for balanced risk (e.g., <5% per trade). This tool visualizes concepts like volatility clustering and momentum divergence, aiding in trend-following or mean-reversion setups. Always combine with personal analysis—it's not a signal generator but a decision aid. Credits and Notes Builds on public domain ATR/ADX ideas; exhaustion ratio inspired by Franklin Moormann (cheatcountry), with major enhancements like multi-momentum integration, composite scoring, and visual/dashboard features for originality. Compliant with Pine v6; open-source for community use. No ads/guarantees—past performance isn't indicative. Manage risk; this is educational. For chart: Publish clean, with this script only, showing clear outputs.
Pine Script® indicator
by mattcripto
[caracalla] Woori Rejection + Divergence Signal V1.6📌 지표 개요 | Indicator Overview KR 이 스크립트는 리젝션 패턴과 RSI 다이버전스를 활용해 매수(R+)·매도(R-) 반전 신호를 생성합니다. 특히 일반 다이버전스(RD+, RD-)를 히든 다이버전스(RH+, RH-)보다 우선 표시하며, 과매도/과매수 조건도 실전 트레이딩에 맞게 유연하게 조정되어 있습니다. EN This script generates buy (R+) and sell (R−) reversal signals by combining rejection candlestick patterns and RSI divergences. It prioritizes regular divergence signals (RD+/RD−) over hidden ones (RH+/RH−), with relaxed overbought/oversold RSI conditions to better suit real trading environments. 🔍 리젝션 조건 | Rejection Conditions KR R+: 이전 음봉 후 양봉 전환, 아래꼬리가 몸통보다 길며 RSI < 45 R-: 이전 양봉 후 음봉 전환이거나 긴 위꼬리 음봉, RSI > 50 도지 캔들은 제외되며, 꼬리 길이 비중이 중요한 요소로 작용 EN R+: Bullish rejection after a bearish candle, long lower wick, RSI < 45 R-: Bearish rejection after bullish candle or long upper wick, RSI > 50 Doji candles are filtered out; long wick length relative to body is essential. ⚙️ 다이버전스 감지 | Divergence Detection ✅ 일반 다이버전스 | Regular Divergence (RD+/RD−) KR RD+: 가격 저점 하락 + RSI 저점 상승 + 리젝션 RD-: 가격 고점 상승 + RSI 고점 하락 + 리젝션 EN RD+: Price makes lower lows, RSI makes higher lows, with rejection RD−: Price makes higher highs, RSI makes lower highs, with rejection ✅ 히든 다이버전스 | Hidden Divergence (RH+/RH−) KR RH+: 가격 저점 상승 + RSI 저점 하락 + 리젝션 RH-: 가격 고점 하락 + RSI 고점 상승 + 리젝션 EN RH+: Price makes higher lows, RSI makes lower lows, with rejection RH−: Price makes lower highs, RSI makes higher highs, with rejection 🧠 시그널 우선순위 | Signal Priority KR 동일한 캔들에서 일반 다이버전스와 히든 다이버전스가 동시에 발생해도, **일반 다이버전스(RD+, RD−)**가 **히든 다이버전스(RH+, RH−)**보다 우선 표시됩니다. EN When both regular and hidden divergence conditions are met on the same candle, regular divergence (RD+, RD−) is prioritized over hidden divergence (RH+, RH−). 🔔 알림 기능 | Alert System KR 모든 시그널(R+, R-, RD+, RD-, RH+, RH-)에 대해 알림 설정이 포함되어 있어, 자동매매나 실시간 대응이 가능합니다. EN Alert conditions are included for all signals (R+, R-, RD+, RD-, RH+, RH-), enabling automation or real-time trading reactions.
Pine Script® indicator
by caracalla7
easy market structure finderA trend reversal occurs when the direction of the market changes from an uptrend to a downtrend or vice versa. It is typically confirmed by a shift in price structure, such as a break of key support or resistance, a change in swing highs/lows, or specific candlestick patterns like engulfing or pin bars. Indicators like RSI divergence or moving average crossovers can also support reversal identification. Reversals often follow a strong trend and signal a potential new direction in price movement
Pine Script® indicator
by sandeepsohih84
Weekly + Daily Levels, Asia Range, US Settle This Pine Script—"Weekly Daily Levels Asia Range US Settle"—was originally designed for Forex trading, and has since been successfully adapted to Bitcoin and crypto markets. It maps out institutional key levels and session-based price zones, providing a clean, structured framework for intraday and swing trading. 🔧 Key Levels & Logic 🟢 1. Weekly Levels Captures High, Low, and Midpoint (50%) of the previous trading week Reset every Sunday at 5:00 PM New York time (17:00 ET) Helps identify macro structure, liquidity zones, and weekly bias 🟠 2. Daily Levels Captures High, Low, and Midpoint (50%) of the previous trading day Resets daily at 5:00 PM New York time (17:00 ET) Ideal for short-term support/resistance and mean-reversion zones 🔵 3. Asia Session Range Captures High, Low, and Midpoint from 8:00 PM to 3:00 AM NY time (20:00–03:00 ET) Frequently acts as a pre-breakout base for London or US session volatility 🔷 4. US Settle (Friday Only) Captures the midpoint of the final 15-minute candle on Friday at 4:45 PM New York time (16:45 ET) Draws a box (high-low) and midline to mark this institutional closing price Useful for gap-fills, mean-reversion, and weekend-to-Monday setups 📊 Recommended Pairing for Trend Trading To reduce noise and filter false signals, it’s highly advised to combine this level-based framework with: ✅ Exponential Moving Averages (EMA) Use the 20, 50, 200, and 800 EMAs For trend following: Price above 20/50/200 = bullish alignment Price below 20/50/200 = bearish alignment 800 EMA can act as macro-level magnet/support ✅ PVRSA Volume (Price-Volume-Support-Analysis) Helps detect volume anomalies and distinguish real breakouts from false moves Pay attention to climactic volume, stopping volume, and smart money footprints during key level interactions Combining EMA structure and PVRSA volume with this script’s levels provides a robust trend-trading strategy, avoiding common traps from random level retests or low-volume breakouts. 🚀 Why This Works for Bitcoin BTC respects session-defined highs/lows similar to forex Price reacts strongly to Asia range breaks, NY opens, and weekly levels The US settle level on Friday adds institutional context often ignored in crypto Pairing it with volume + trend structure improves timing and accuracy ⚙️ Technical Features Uses request.security() to pull data from a configurable low timeframe (default: 1m) Fully customizable: colors, line widths, extension lengths Intelligent label grouping for overlapping levels Designed for precision on 15-minute or lower timeframes ✅ Best Used For Intraday reversals and breakouts Trend trading with EMA alignment London and NY session range plays Weekend price planning using US settle mid Volume confirmation using PVRSA
Pine Script® indicator
by Luckyjimbob111
TMM - 4EMAThe 4 EMA Indicator (Exponential Moving Average) uses four exponential moving averages with different periods to identify market trends across multiple timeframes. It helps traders recognize short-term to long-term momentum and make informed entry or exit decisions. When the EMAs are aligned from shortest to longest and sloping upward, it indicates a bullish trend. Conversely, when they are ordered from longest to shortest and sloping downward, it signals a bearish trend. The 4 EMA is especially useful in trend-following strategies for spotting strong directional movements.
Pine Script® indicator
by lukinsheps4l
Pinbar signal 顶/底分型 指标Top/Bottom Fractal Indicator is a technical analysis tool used to identify potential reversal points in a market trend. It is based on the concept of fractal patterns, which consist of specific candlestick formations that signal local highs (top fractals) or lows (bottom fractals). A top fractal typically occurs when the high of a middle candlestick is higher than the highs of the two candles on either side. This formation suggests that upward momentum may be weakening and a downward reversal could follow. Conversely, a bottom fractal forms when the low of a middle candlestick is lower than the lows of the two adjacent candles, indicating a potential shift from a downtrend to an uptrend. This indicator is commonly used to spot market turning points, determine entry or exit signals, and enhance the reliability of other indicators such as Bollinger Bands or MACD. Because of its clear structure and reliable reversal signals, the Top/Bottom Fractal Indicator is also widely applied in wave theory and price action strategies. A Pin Bar is a powerful candlestick pattern used in technical analysis to identify potential price reversals or continuations in the market. It is characterized by a small body located at one end of the candle and a long tail or wick on the opposite side, which indicates a strong rejection of price in that direction. A bullish Pin Bar has a long lower wick, showing that sellers pushed the price down but buyers regained control, suggesting a potential upward move. Conversely, a bearish Pin Bar has a long upper wick, indicating that buyers attempted to drive prices higher but were overpowered by sellers, hinting at a possible downward move. For high-probability setups, traders typically look for Pin Bars that form at key support or resistance levels, trendlines, or Fibonacci zones, and they often use them in combination with overall trend direction. Entry strategies include entering at the close of the Pin Bar, on a retracement, or above/below the wick with stop-losses placed beyond the wick’s extreme. When used correctly in the right context, the Pin Bar can be a highly effective signal in a trader’s toolkit.
Pine Script® indicator
by rayong91
3-1-3 PatternThis Pine Script indicator analyzes and visualizes a specific candlestick pattern called the "3-1-3 Pattern" across multiple timeframes. Here's what it does: Core Functionality Pattern Detection: The script looks for a 7-bar candlestick pattern: Bearish 3-1-3: 3 red candles + 1 green candle + 3 red candles Bullish 3-1-3: 3 green candles + 1 red candle + 3 green candles Visual Output When a 3-1-3 pattern is detected, the script: Creates a colored box around the middle bar (bar 3) of the pattern Adds a small label showing the pattern type ("Bear 1H" or "Bull 4H", etc.) Extends the box forward until the price breaks above the pattern's high or below its low Pattern Management The script actively manages the patterns by: Tracking active patterns for each timeframe separately Removing expired patterns when price breaks the pattern's high/low levels Extending boxes to the current time to keep them visible Practical Use This indicator helps traders: Spot reversal patterns across multiple timeframes simultaneously See confluence when patterns align on different timeframes Track pattern validity (boxes disappear when invalidated by price action) Essentially, it's a multi-timeframe pattern recognition tool that automatically identifies and tracks these specific 7-bar reversal patterns on your chart.
Pine Script® indicator
by pleiva1997
Combined Breakout Bands & KNN Trend Signal with Reversalsombined Breakout Bands & KNN Trend Signal – Brief Description This custom TradingView indicator overlays two complementary systems—a Kalman-filtered breakout band and a K-Nearest-Neighbors (KNN) trend filter—and only flags directional moves when both agree. Green or red trend lines and band fills show the combined direction, while up/down triangles mark confirmed bullish or bearish breaks. Additionally, large circles highlight reversal points, triggering when the combined signal flips from bearish to bullish (long reversal) or bullish to bearish (short reversal). All smoothing, band width, and KNN parameters are fully adjustable via the input panel, giving you precise control over responsiveness and noise-rejection.
Pine Script® indicator
by femiokelolamis