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Exponential Moving Average (EMA)

Analog Flow [KedArc Quant]Overview AnalogFlow is an advanced analogue based market projection engine that reconstructs future price tendencies by matching current price behavior to historical analogues in the same instrument. Instead of using traditional indicators such as moving averages, RSI, or regression, AnalogFlow applies pattern vector similarity analysis - a data driven technique that identifies historically similar sequences and aggregates their subsequent movements into a smooth, forward looking curve. Think of it as a market memory system: If the current pattern looks like one we have seen before, how did price move afterward? Why AnalogFlow Is Unique 1. Pattern centric - it does not rely on any standard indicator formula; it directly analyzes price movement vectors. 2. Adaptive - it learns from the same instrument's past behavior, making it self calibrating to volatility and regime shifts. 3. Non repainting - the projection is generated on the latest completed bar and remains fixed until new data is available. 4. Noise resistant - the EMA Blend engine smooths the projected trajectory, reducing random variance between analogues. Inputs and Configuration Pattern Bars Number of bars in the reference pattern window: 40 Projection Bars Number of bars forward to project: 30 Search Depth Number of bars back to look for matching analogues: 600 Distance Metric Comparison method: Euclidean, Manhattan, or Cosine (default Euclidean) Matches Number of top analogues to blend (1-5): Top 3 Build Mode Projection type: Cumulative, MeanStep, or EMA Blend (default EMA Blend) EMA Blend Length Smoothness of the projected path: 15 Normalize Pattern Enable Z score normalization for shape matching: true Dissimilarity Mode If true, finds inverse analogues for mean reversion analysis: false Line Color and Width Style settings for projection curve: Blue, width 2 How It Works with Past Data 1. The system builds a memory bank of patterns from the last N bars based on the scanDepth value. 2. It compares the latest Pattern Bars segment to each historical segment. 3. It selects the Top K most similar or dissimilar analogues. 4. For each analogue, it retrieves what happened after that pattern historically. 5. It averages or smooths those forward moves into a single composite forecast curve. 6. The forecast (blue line) is drawn ahead of the current candle using line.new with no repainting. Output Explained Blue Path The weighted mean future trajectory based on historical analogues. Smoother when EMA Blend mode is enabled. Flat Section Indicates low directional consensus or equilibrium across analogues. Upward or Downward Slope Represents historical tendency toward continuation or reversal following similar conditions. Recommended Timeframes Scalping / Short Term 1m - 5m : Short winLen (20-30), small ahead (10-15) Swing Trading 15m - 1h : Balanced settings (winLen 40-60, ahead 20-30) Positional / Multi Day 4h - 1D : Large windows (winLen 80-120, ahead 30-50) Instrument Compatibility Works seamlessly on: Stocks and ETFs Indices Cryptocurrency Commodities (Gold, Crude, etc.) Futures and F&O (both intraday and positional) Forex No symbol specific calibration needed. It self adapts to volatility. How Traders Can Use It Forecast Context Identify likely short term price path or drift direction. Reversal Detection Flip seekOpp to true for mean reversion pattern analysis. Scenario Comparison Observe whether the current regime tends to continue or stall. Momentum Confirmation Combine with trend tools such as EMA or MACD for directional bias. Backtesting Support Compare projected path versus realized price to evaluate reliability. FAQ Q1. Does AnalogFlow repaint? No. It calculates only once per completed bar and projects forward. The future path remains static until a new bar closes. Q2. Is it a neural network or AI model? Not in the machine learning sense. It is a deterministic analogue matching engine using statistical distance metrics. Q3. Why does the projection sometimes flatten? That means similar historical setups had no clear consensus in direction (neutral expectation). Q4. Can I use it for live trading signals? AnalogFlow is not a signal generator. It provides probabilistic context for upcoming movement. Q5. Does higher scanDepth improve accuracy? Up to a point. More depth gives more analogues, but too much can dilute recency. Try 400 to 800. Glossary Analogue A past pattern similar to the current price behavior. Distance Metric Mathematical formula for pattern similarity. Step Vector Difference between consecutive closing prices. EMA Blend Exponential smoothing of the projected path. Cumulative Mode Adds sequential historical deltas directly. Z Score Normalization Rescaling to mean 0 and variance 1 for shape comparison. Summary AnalogFlow converts the market's historical echoes into a structured, statistically weighted forward projection. It gives traders a contextual roadmap, not a signal, showing how similar past setups evolved and allowing better informed entries, exits, and scenario planning across all asset classes. Disclaimer This script is provided for educational purposes only. Past performance does not guarantee future results. Trading involves risk, and users should exercise caution and proper risk management when applying this strategy.
Pine Script® indicator
by kedarcquant
ATR SL/TP Precision Zones (Dots)ATR SL/TP Precision Zones (Dots) is a volatility-based tool designed to help traders set accurate Stop Loss and Take Profit levels based on real market volatility — not fixed pips or emotion. This indicator uses ATR (Average True Range) multiplied by 1.2 to calculate dynamic distance bands. Instead of drawing a ribbon or channel, it places simple dots above and below each candle: Upper Dot (Green) → Suggested Take Profit / Price Stretch Zone Lower Dot (Red) → Suggested Stop Loss Cushion / Support Expansion Zone Because ATR measures market volatility, these dots expand during high volatility and tighten during slow markets, helping traders avoid stop-loss hunts and premature exits. Why This Works Most traders lose because: They set SL too close → stopped out by noise They set TP too far → price never reaches it This tool calibrates those distances automatically based on real price movement behavior. ATR = volatility Volatility = market breathing room This indicator ensures your trade has room to breathe, increasing win consistency. Best Use Cases Scalping Swing trading Trend continuation entries Reversal confirmations with support/resistance Works on Crypto / Forex / Stocks / Futures
Pine Script® indicator
by DevanshRaii
KD-NewAutoTrade for Future Trading - Heikin Ashi candles The KD-NewAutoTrade strategy is a dynamic trend-following indicator designed for scalping and swing trading across crypto, forex, and index futures. It combines the precision of EMA crossovers, RSI momentum, and ADX trend strength to deliver clear Buy/Sell signals with high reliability. 🔹 Core Logic EMA Fast & Slow Crossover – Identifies short-term and long-term trend shifts. RSI Confirmation – Filters out false signals by requiring RSI to cross custom Buy/Sell thresholds. ADX Filter – Ensures trades only trigger when market trend strength exceeds your chosen ADX minimum. 🔹 Key Features Visual Buy/Sell triangles directly on the chart. Customizable inputs for EMA, RSI, and ADX lengths. Works efficiently on all timeframes and all markets (Crypto, Indices, Stocks, Commodities). Optional background highlights for active trade zones. Alert conditions for both BUY and SELL setups – ready to use in automated strategies or alert bots. 🔹 Recommended Usage Use Heikin Ashi candles Works best on 1M - 5M timeframes. Combine with volume or higher-timeframe trend confirmation for stronger signals.
Pine Script® indicator
by krish16887
ALMA & EMA Ribbon by zdmreThis indicator combines a unique trend-following signal with a classic EMA ribbon to provide a clear view of the market trend. The main signal line is not based on a typical ATR. Instead, it uses an Arnaud Legoux Moving Average (ALMA) as its baseline and calculates support/resistance bands using Standard Deviation. This creates a responsive trend line that adapts well to volatility. This is paired with a simple EMA Ribbon to help confirm momentum. What It Does ALMA + SD Trend Line: This is the core of the indicator. It uses an ALMA as the baseline (instead of a simple MA) and Standard Deviation for the bands. This tends to be more responsive than many traditional trend-following indicators. Buy/Sell Signals: Simple "B" and "S" labels appear on your chart when the trend is calculated to have changed direction. EMA Ribbon: A standard Fast/Slow EMA ribbon is plotted to give you a secondary confirmation of momentum. The fill between the EMAs changes color (green for bull, red for bear). On-Screen Dashboard: A clean info panel in the corner shows you the current status of all components at a glance: Current Signal (Long/Short) Price vs. Trend Line (Above/Below) Trend Strength (%) EMA Trend (Bullish/Bearish) Momentum Fully Customizable: You can toggle every visual element on or off (the signals, the ribbon, the bar coloring, the dashboard) to keep your chart clean. Settings Trend Settings: Factor: This is the main setting. It's the Standard Deviation multiplier. A higher value makes the line less sensitive (fewer signals). A lower value makes it more sensitive (more signals). SD Length: The lookback for the Standard Deviation. ALMA Settings: ALMA Length, Sigma, Offset: Standard controls for the ALMA's smoothness and responsiveness. EMA Ribbon: Fast EMA & Slow EMA: Set the lengths for your ribbon. Visual Settings: Checkboxes to toggle all visual components (signals, ribbon, dashboard, etc.). You can set up alerts in TradingView for the following events: 🟢 Long Signal: Triggers on a new "B" (Buy) signal. 🔴 Short Signal: Triggers on a new "S" (Sell) signal. ⚠️ Price Crossed Trend: Triggers any time the price closes across the main trend line. #DYOR
Pine Script® indicator
by zdmre
1
SA_EMA Combo + UT BotEMA Combo + UT Bot is an indicator designed to make it easier to track trend direction and momentum reversals on the same chart. The indicator combines multiple EMA lines (50/100/150/200) with a short- and medium-term EMA cloud. This cloud visually shows whether the market is in a bullish or bearish trend through color changes. In addition, it uses the UT Bot algorithm to generate buy and sell signals adapted to market volatility. These signals are triggered when the price crosses the ATR-based trailing stop level. Users can choose to use Heikin Ashi candles and adjust signal sensitivity via the Key Value parameter. This allows traders to follow overall trends and potential reversal zones using a single tool. Disclaimer: This indicator is for technical analysis purposes only and should not be considered financial advice. Developed for Future Alpha Club.
Pine Script® indicator
by Selcukaktas06
2
EMA6 or SMA6 Touch AlertThis script monitors the market and notifies you whenever the price touches either the 6-period EMA or the 6-period SMA. It helps identify potential pullbacks, reaction points, or entry zones, as price interaction with these moving averages often signals short-term market shifts. What the script does: Calculates the EMA 6 and SMA 6 Detects if price touches either moving average within the candle Plots both lines on the chart for visibility Allows you to set alerts to receive automatic notifications Best suited for: Scalping Day Trading Pullback Entries Short-term trend reactions
Pine Script® indicator
by gihontt
Better DEMAThe Better DEMA is a new tool designed to recreate the classical moving average DEMA, into a smoother, more reliable tool. Combining many methodologies, this script offers users a unique insight into market behavior. How does it work? First, to get a smoother signal, we need to calculate the Gaussian filter. A Gaussian filter is a smoothing filter that reduces noise and detail by averaging data with weights following a Gaussian (bell-shaped) curve. Now that we have the source, we will calculate the following: n2 = n/2 (half of the user defined length) a = 2/(1+n) ns Now that we have that out of the way, it is time to get into the core. Now we calculate 2 EMAs: slow EMA => EMA over n fast EMA => EMA over n2 period Rather then now doing this: DEMA = fast EMA * 2 - slow EMA I found this to be better: DEMA = slow EMA * (1-a) + fast EMA * a As a last touch I took a little something from the HMA, and used a EMA with period of √n to smooth the entire the thing. The Trend condition at base is the following (but feel free to FAFO with it): Long = dema > dema yesterday and dema < src Short = dema < dema yesterday and dema > src Methodology While the DEMA is an amazing tool used in many great indicators, it can be far too noisy. This made me test out many filters, out of which the Gaussian performed best. Then I tried out the non subtractive approach and that worked too, as it made it smoother. Compacting on all I learned and smoothing it bit by bit, I think I can say this is worth looking into :). Use cases: Following Trends => classic, effective :) Smoothing sources for other indicators => if done well enough, could be useful :) Easy trend visualization => Added extra options for that. Strategy development => Yes Another good thing is it does not a high lookback period, so it should be better and less overfit. That is all for today Gs, Have fun and enjoy!
Pine Script® indicator
by MisinkoMaster
ema200 plus Description: This advanced indicator displays Exponential Moving Averages (EMA) across multiple timeframes to help traders identify trend direction and strength across different market perspectives. Key Features: Multi-Timeframe EMA Analysis: Plots 200-period EMA on four different timeframes: 30-minute, 1-hour, 4-hour, and Daily Each timeframe is displayed with distinct colors for easy visual identification Visual Elements: Chart Lines: Four colored EMA lines plotted directly on the price chart Price Labels: Clear labels showing each EMA's current value at the latest bar Color-coded Table: Comprehensive data table showing price position relative to each EMA Trend Identification: Bullish Signal: When price closes above an EMA (green background in table) Bearish Signal: When price closes below an EMA (dark background in table) Helps identify confluence when multiple timeframes align in direction Customizable Settings: Adjustable EMA length (default: 200 periods) Customizable line width and offset Flexible table positioning (top/middle/bottom, left/center/right) Configurable table cell size and text appearance Swing traders analyzing multiple timeframes Position traders looking for trend confirmation Technical analysts seeking confluence across time horizons This indicator provides a comprehensive view of market trends across different time perspectives, helping traders make more informed decisions based on multi-timeframe analysis. This indicator does not provide trading advice. It is for educational and informational purposes only. **指标名称：多时间框架200 EMA** **描述：** 这款高级指标在多个时间框架上显示指数移动平均线（EMA），帮助交易者识别不同市场视角下的趋势方向和强度。 **主要特点：** 1. **多时间框架EMA分析：** - 在四个不同时间框架上绘制200周期EMA：30分钟、1小时、4小时和日线 - 每个时间框架使用独特颜色显示，便于视觉识别 2. **视觉元素：** - **图表线：** 在价格图表上直接绘制四条彩色EMA线 - **价格标签：** 清晰显示最新K线处各EMA的当前值 - **颜色编码表格：** 综合数据表格显示价格相对于各EMA的位置 3. **趋势识别：** - **看涨信号：** 当价格收于EMA上方时（表格中显示绿色背景） - **看跌信号：** 当价格收于EMA下方时（表格中显示深色背景） - 帮助识别多个时间框架方向一致时的共振信号 4. **可自定义设置：** - 可调整EMA长度（默认：200周期） - 可自定义线宽和偏移量 - 灵活的表格定位（上/中/下，左/中/右） - 可配置表格单元格大小和文本外观 **适合人群：** - 分析多时间框架的摆动交易者 - 寻求趋势确认的头寸交易者 - 寻找不同时间维度共振信号的技术分析师
Pine Script® indicator
by Backspace1998
MarketMonkey-Indicator-Set-1 - GMMA open 🧠 MarketMonkey-Indicator-Set-1 — GMMA Open GMMA (Guppy Multiple Moving Average) Toolkit for Trend Clarity & Timing The MarketMonkey GMMA Open indicators brings a clean, high-performance visual of trend strength and direction using multiple exponential moving averages (EMAs) across short- and long-term time frames. Designed for traders who want to see momentum shifts and market transitions as they happen, this version overlays directly on the price chart for quick and confident reads. 🔍 How It Works * Short-term EMAs (3–15) track trader sentiment and momentum. * Long-term EMAs (30–60) show investor trend commitment. * The indicator dynamically colors the long-term EMAs: * 🔵 Blue : Upward momentum * 🔴 Red : Downward momentum When the short-term group expands above the long-term group, it signals strength and potential continuation. Tightening or compression may warn of pauses or reversals. 💡 Features * 12 adjustable EMA periods (customize your GMMA spacing) * Automatic color shifts for trend clarity * Live price flag for easy reference * Compact ticker/date display in the top-right corner * Minimalist, overlay-based design — no clutter, just clarity 📈 Best Used For * Spotting early trend changes * Confirming continuation or breakout setups * Identifying compression zones before reversals * Overlaying on ASX, S&P, FX, Gold, or Crypto charts 🔔 Part of the MarketMonkey Indicator Set series — tools built for real-world trend recognition and momentum trading.
Pine Script® indicator
by Market_Monkey_AU
EMA Cloud + AlertsThe only EMA indicator you'll ever need. - Flexible EMAs: Customize EMA lengths (e.g., 9, 21) to match your trading style. - Dynamic Cloud: Auto-shades bullish (green) or bearish (red) clouds between EMAs for clear trend signals. - Trend Change Alerts: Auto-alerts that signal when a trend change (EMA crossover) happens on the timeframe you're currently viewing. - Timeframe Lock: Lock EMAs to a specific timeframe (e.g., 5m on a 1m chart) for consistent analysis. - Personalized Design: Adjust EMA colors, thickness, and cloud transparency for optimal visibility. A friendly reminder that no tool or indicator guarantees success. Integrate this into a robust trading plan.
Pine Script® indicator
by VeroTradeX
13
20 EMA Undercut Bounce - M4v3r1ck💎 The "EMA Undercut Bounce" Bullish Scanner This indicator is designed to identify high-conviction continuation patterns where price makes a temporary dip for liquidity before resuming a powerful, established uptrend. It specifically looks for a bullish rejection off the 20-period Exponential Moving Average (EMA). 🎯 Strategy Logic The signal is generated only on the Daily (1D) timeframe when the following five precise conditions are met on the most recent completed bar: 1. Price Action (The Undercut Bounce) • Undercut: The bar's low price must have touched or temporarily traded below the 20-Day EMA. • Rejection: The bar's close price must have fully recovered and closed above the 20-Day EMA. This is the classic sign of strong buying pressure defending a key support level. 2. Strong Trend Hierarchy (The Bullish Stack) The moving averages must be perfectly stacked, confirming a robust multi-timeframe uptrend structure: • 10-Day EMA > 20-Day EMA • 20-Day EMA > 50-Day SMA • 50-Day SMA > 200-Day SMA 3. Momentum Confirmation (The Upward Slope) Both the 10-Day EMA and the 20-Day EMA must be rising from the previous day. This ensures that the short-term trend momentum is positive, ruling out signals during flat or turning markets. 💡 How to Use This Indicator 1. Timeframe: Ensure your chart is set to the Daily (1D) timeframe for accurate results. 2. Signal: A Green Background highlight and an Up-Arrow below the bar mark a confirmed signal. 3. Alerts: Use the built-in alert condition to set up notifications for stocks on your watchlist, allowing you to catch these high-quality setups without constantly monitoring charts. This script is ideal for trend-following traders looking to enter a position after a healthy shakeout and confirmation of continued bullish commitment.
Pine Script® indicator
by M4v3r1ck_
[LTS] Marubozu Candle StrategyOVERVIEW The Marubozu Candle Strategy identifies and trades wickless candles (Marubozu patterns) with dynamic take-profit and stop-loss levels based on market volatility. This indicator combines traditional Japanese candlestick pattern recognition with modern volatility-adjusted risk management and includes a comprehensive performance tracking dashboard. A Marubozu candle is a powerful continuation pattern characterized by the complete absence of wicks on one side, indicating strong directional momentum. This strategy specifically detects: - Bullish Marubozu: Close > Open AND Low = Open (no lower wick) - Bearish Marubozu: Close < Open AND High = Open (no upper wick) When price returns to test these levels, the indicator generates trading signals with predefined risk-reward parameters. CORE METHODOLOGY Detection Logic: The script scans each bar for Marubozu formations using precise price comparisons. When a wickless candle appears, a horizontal line extends from the opening price, marking it as a potential support (bullish) or resistance (bearish) level. These levels remain active until price touches them or until the maximum line limit is reached. EMA Filter (Optional): An exponential moving average filter enhances signal quality by requiring proper trend alignment. For bullish signals, price must be above the EMA when touching the level. For bearish signals, price must be below the EMA. This filter reduces counter-trend trades and improves win rates in trending markets. Users can disable this filter for range-bound conditions. Dynamic Risk Management: The strategy employs ATR-based (Average True Range) position sizing rather than fixed point values. This approach adapts to market volatility automatically: - In low volatility: Tighter stops and targets - In high volatility: Wider stops and targets proportional to market movement Default settings use a 2:1 reward-to-risk ratio (1x ATR for take-profit, 0.5x ATR for stop-loss), but users can adjust these multipliers to match their trading style. HOW IT WORKS Step 1 - Pattern Detection: On each bar, the indicator evaluates whether the candle qualifies as a Marubozu by comparing the high, low, open, and close prices. When detected, the opening price becomes the key level. Step 2 - Level Management: Horizontal lines extend from each Marubozu's opening price. The indicator maintains two separate arrays: one for unbroken levels (actively extending) and one for broken levels (historical reference). Users can configure how many of each type to display, preventing chart clutter while maintaining relevant context. Step 3 - Signal Generation: When price returns to touch a Marubozu level, the indicator evaluates the EMA filter condition. If the filter passes (or is disabled), the script draws TP/SL boxes showing the expected profit and loss zones based on current ATR values. Step 4 - Trade Tracking: Each valid signal enters the tracking system, which monitors subsequent price action to determine outcomes. The script identifies whether the take-profit or stop-loss was hit first (discarding trades where both trigger on the same candle to avoid ambiguous results). PERFORMANCE DASHBOARD The integrated dashboard provides real-time strategy analytics to automatically convert results to dollar values for any instrument: Tracked Metrics: - Total Trades: Complete count of closed positions - Wins/Losses: Individual counts with color coding - Win Rate: Success percentage with dynamic color (green >= 50%, red < 50%) - Total P&L: Cumulative profit/loss in dollars - Avg Win: Mean dollar amount per winning trade - Avg Loss: Mean dollar amount per losing trade NOTE: The dollar values shown in the dashboard are for trading only a single share/contract/etc. You will need to manually multiply those numbers by the amount of shares/contracts you are trading to get a true value. The dollar conversion works automatically across all markets: - Futures contracts (ES, NQ, CL, etc.) use their contract specifications - Forex pairs use standard lot calculations - Stocks and crypto use their respective point values This eliminates manual calculation and provides immediate performance feedback in meaningful currency terms. CUSTOMIZATION OPTIONS ATR Settings: - ATR Period: Lookback length for volatility calculation (default: 14) - TP Multiplier: Take-profit distance as multiple of ATR (default: 3.0) - SL Multiplier: Stop-loss distance as multiple of ATR (default: 1.5) EMA Settings: - EMA Length: Period for trend filter calculation (default: 9) - Use EMA Filter: Toggle trend confirmation requirement (default: enabled) Visual Settings: - Bullish Color: Color for long signals and wins (default: green) - Bearish Color: Color for short signals and losses (default: red) - EMA Color: Color for trend filter line (default: orange) - Line Width: Thickness of Marubozu level lines (1-5, default: 2) - EMA Width: Thickness of EMA line (1-5, default: 2) Line Management: - Max Unbroken Lines: Limit for active extending lines (default: 10) - Max Broken Lines: Limit for historical touched lines (default: 5) Dashboard Settings: - Show Dashboard: Toggle performance display on/off - Dashboard Position: Corner placement (4 options) - Dashboard Size: Text size selection (Tiny/Small/Normal/Large) HOW TO USE 1. Add the indicator to your chart 2. Adjust ATR multipliers based on your risk tolerance (higher values = more conservative) 3. Configure the EMA filter based on market conditions (enable for trending, disable for ranging) 4. Set line limits to match your visual preference and chart timeframe 5. Monitor the dashboard to track strategy performance in real-time 6. Use the TP/SL boxes as reference levels for manual trades or automation Best Practices: - Enable EMA filter in strongly trending markets - Disable EMA filter if you want more trade signals but at lower quality - Increase ATR multipliers in highly volatile markets - Decrease ATR multipliers for tighter, more frequent trades - Review avg win/loss ratio to ensure positive expectancy UNIQUE FEATURES Unlike basic Marubozu detectors, this strategy provides: 1. Automatic level tracking with memory management 2. Volatility-adjusted risk parameters instead of fixed values 3. Optional trend confirmation via EMA filter 4. Real-time performance analytics with automatic dollar conversion 5. Separate tracking of wins/losses with individual averages 6. Configurable visual display to prevent chart clutter 7. Complete transparency with all logic visible in open-source code
Pine Script® indicator
by LHAMA-Trading
Multi-Timeframe EMA Trend Dashboard with Volume and RSI Filters═══════════════════════════════════════════════════════════ MULTI-TIMEFRAME EMA TREND DASHBOARD ═══════════════════════════════════════════════════════════ OVERVIEW This indicator provides a comprehensive view of trend direction across multiple timeframes using the classic EMA 20/50 crossover methodology, enhanced with volume confirmation and RSI filtering. It aggregates trend information from six timeframes into a single dashboard for efficient market analysis. The indicator is designed for educational purposes and to assist traders in identifying potential trend alignments across different time horizons. ═══════════════════════════════════════════════════════════ FEATURES ═══════════════════════════════════════════════════════════ MULTI-TIMEFRAME ANALYSIS • Monitors 6 timeframes simultaneously: 1m, 5m, 15m, 1H, 4H, 1D • Each timeframe analyzed independently using request.security() • Non-repainting implementation with proper lookahead settings • Calculates overall trend strength as percentage of bullish timeframes EMA CROSSOVER SYSTEM • Fast EMA (default: 20) and Slow EMA (default: 50) • Bullish: Fast EMA > Slow EMA • Bearish: Fast EMA < Slow EMA • Neutral: Fast EMA = Slow EMA (rare condition) • Visual EMA plots with optional fill area VOLUME CONFIRMATION • Optional volume filter for crossover signals • Compares current volume against moving average (default: 20-period SMA) • Categorizes volume as: High (>1.5x average), Normal (>average), Low (70), oversold (<30), and neutral zones • Used in quality score calculation • Optional display toggle SUPPORT & RESISTANCE DETECTION • Automatic detection using highest/lowest over lookback period (default: 50 bars) • Plots resistance (red), support (green), and mid-level (gray) • Step-line style for clear visualization • Optional display toggle QUALITY SCORING SYSTEM • Rates trade setups from 1-5 stars • Considers: MTF alignment, volume confirmation, RSI positioning • 5 stars: 4+ timeframes aligned + volume confirmed + RSI 50-70 • 4 stars: 4+ timeframes aligned + volume confirmed • 3 stars: 3+ timeframes aligned • 2 stars: Exactly 3 timeframes aligned • 1 star: Other conditions VISUAL DASHBOARD • Clean table display (position customizable) • Color-coded trend indicators (green/red/yellow) • Extended statistics panel (toggleable) • Shows: Trends, Strength, Quality, RSI, Volume, Price Distance ═══════════════════════════════════════════════════════════ TECHNICAL SPECIFICATIONS ═══════════════════════════════════════════════════════════ CALCULATIONS Trend Determination per Timeframe: • request.security() fetches EMA values with gaps=off, lookahead=off • Compares Fast EMA vs Slow EMA • Returns: 1 (bullish), -1 (bearish), 0 (neutral) Trend Strength: • Counts number of bullish timeframes • Formula: (bullish_count / 6) × 100 • Range: 0% (all bearish) to 100% (all bullish) Price Distance from EMA: • Formula: ((close - EMA) / EMA) × 100 • Positive: Price above EMA • Negative: Price below EMA • Warning when absolute distance > 5% ANTI-REPAINTING MEASURES • All request.security() calls use lookahead=barmerge.lookahead_off • Dashboard updates only on barstate.islast • Historical bars remain unchanged • Crossover signals finalize on bar close ═══════════════════════════════════════════════════════════ USAGE GUIDE ═══════════════════════════════════════════════════════════ INTERPRETING THE DASHBOARD Timeframe Rows: • Each row shows individual timeframe trend status • Look for alignment (multiple timeframes same direction) • Higher timeframes generally more significant Strength Indicator: • >66.67%: Strong bullish (4+ timeframes bullish) • 33.33-66.67%: Mixed/choppy conditions • <33.33%: Strong bearish (4+ timeframes bearish) Quality Score: • Higher stars = better confluence of factors • 5-star setups have strongest multi-factor confirmation • Lower scores may indicate weaker or conflicting signals SUGGESTED APPLICATIONS Trend Confirmation: • Check if multiple timeframes confirm current chart trend • Higher agreement = stronger trend confidence • Use for position sizing decisions Entry Timing: • Wait for EMA crossover on chart timeframe • Confirm with higher timeframe alignment • Volume above average preferred • RSI not in extreme zones Divergence Detection: • When lower timeframes diverge from higher • May indicate trend exhaustion or reversal • Requires additional confirmation CUSTOMIZATION EMA Settings: • Adjust Fast/Slow lengths for different sensitivities • Shorter periods = more responsive, more signals • Longer periods = smoother, fewer signals • Common alternatives: 10/30, 12/26, 50/200 Volume Filter: • Enable for higher-quality signals (fewer false positives) • Disable in always-liquid markets or for more signals • Adjust MA length based on typical volume patterns Display Options: • Toggle EMAs, S/R levels, extended stats as needed • Choose dashboard position to avoid chart overlap • Adjust colors for visibility preferences ═══════════════════════════════════════════════════════════ ALERTS ═══════════════════════════════════════════════════════════ AVAILABLE ALERT CONDITIONS 1. Bullish EMA Cross (Volume Confirmed) 2. Bearish EMA Cross (Volume Confirmed) 3. Strong Bullish Alignment (4+ timeframes) 4. Strong Bearish Alignment (4+ timeframes) 5. Trend Strength Increasing (>16.67% jump) 6. Trend Strength Decreasing (>16.67% drop) 7. Excellent Trade Setup (5-star rating) Alert messages use standard placeholders: • {{ticker}} - Symbol name • {{close}} - Current close price • {{time}} - Bar timestamp ═══════════════════════════════════════════════════════════ LIMITATIONS & CONSIDERATIONS ═══════════════════════════════════════════════════════════ KNOWN LIMITATIONS • Lower timeframe data may not be available on all symbols • 1-minute data typically limited to recent history • request.security() subject to TradingView data limits • Dashboard requires screen space (may overlap on small screens) • More complex calculations may affect load time on slower devices NOT SUITABLE FOR • Highly volatile/illiquid instruments (many false signals) • News-driven markets during announcements • Automated trading without additional filters • Markets where EMA strategies don't perform well DOES NOT PROVIDE • Exact entry/exit prices • Stop-loss or take-profit levels • Position sizing recommendations • Guaranteed profit signals • Market predictions ═══════════════════════════════════════════════════════════ BEST PRACTICES ═══════════════════════════════════════════════════════════ RECOMMENDED USAGE ✓ Combine with price action analysis ✓ Use appropriate risk management ✓ Backtest on historical data before live use ✓ Adjust settings for specific market characteristics ✓ Wait for higher-quality setups in important trades ✓ Consider overall market context and fundamentals NOT RECOMMENDED ✗ Using as standalone trading system without confirmation ✗ Trading every signal without discretion ✗ Ignoring risk management principles ✗ Trading without understanding the methodology ✗ Applying to unsuitable markets/timeframes ═══════════════════════════════════════════════════════════ EDUCATIONAL BACKGROUND ═══════════════════════════════════════════════════════════ EMA CROSSOVER STRATEGY The Exponential Moving Average crossover is a classical trend-following technique: • Golden Cross: Fast EMA crosses above Slow EMA (bullish signal) • Death Cross: Fast EMA crosses below Slow EMA (bearish signal) • Widely used since the 1970s in various markets • More responsive than SMA due to exponential weighting MULTI-TIMEFRAME ANALYSIS Analyzing multiple timeframes helps traders: • Identify alignment between short and long-term trends • Reduce false signals from single-timeframe noise • Understand market context across different horizons • Make informed decisions about trade duration VOLUME ANALYSIS Volume confirmation adds reliability: • High volume suggests institutional participation • Low volume signals may indicate false breakouts • Volume precedes price in many market theories • Helps distinguish genuine moves from noise ═══════════════════════════════════════════════════════════ TECHNICAL IMPLEMENTATION ═══════════════════════════════════════════════════════════ CODE STRUCTURE • Organized in clear sections with proper commenting • Uses explicit type declarations (int, float, bool, color, string) • Constants defined at top (BULLISH=1, BEARISH=-1, etc.) • Functions documented with @function, @param, @returns • Follows PineCoders naming conventions (camelCase variables) PERFORMANCE OPTIMIZATION • var keyword for table (created once, not every bar) • Calculations cached where possible • Dashboard updates only on last bar • Minimal redundant security() calls SECURITY IMPLEMENTATION • Proper gaps and lookahead parameters • No future data leakage • Signals finalize on bar close • Historical bars remain static ═══════════════════════════════════════════════════════════ VERSION INFORMATION ═══════════════════════════════════════════════════════════ Current Version: 2.0 Pine Script Version: 5 Last Updated: 2024 Developed by: Zakaria Safri ═══════════════════════════════════════════════════════════ SETTINGS REFERENCE ═══════════════════════════════════════════════════════════ EMA SETTINGS • Fast EMA Length: 1-500 (default: 20) • Slow EMA Length: 1-500 (default: 50) VOLUME & MOMENTUM • Use Volume Confirmation: true/false (default: true) • Volume MA Length: 1-500 (default: 20) • Show RSI Levels: true/false (default: true) • RSI Length: 1-500 (default: 14) PRICE ACTION FEATURES • Show Price Distance: true/false (default: true) • Show Key Levels: true/false (default: true) • S/R Lookback Period: 10-500 (default: 50) DISPLAY SETTINGS • Show EMAs on Chart: true/false (default: true) • Fast EMA Color: customizable (default: cyan) • Slow EMA Color: customizable (default: orange) • EMA Line Width: 1-5 (default: 2) • Show Fill Between EMAs: true/false (default: true) • Show Crossover Signals: true/false (default: true) DASHBOARD SETTINGS • Position: Top Left/Right, Bottom Left/Right • Show Extended Statistics: true/false (default: true) ALERT SETTINGS • Alert on Multi-TF Alignment: true/false (default: true) • Alert on Trend Strength Change: true/false (default: true) ═══════════════════════════════════════════════════════════ RISK DISCLAIMER ═══════════════════════════════════════════════════════════ This indicator is provided for educational and informational purposes only. It should not be considered financial advice or a recommendation to buy or sell any security. IMPORTANT NOTICES: • Past performance does not indicate future results • All trading involves risk of capital loss • No indicator guarantees profitable trades • Always conduct independent research and analysis • Use proper risk management and position sizing • Consult a qualified financial advisor before trading • The developer assumes no liability for trading losses By using this indicator, you acknowledge that you understand these risks and accept full responsibility for your trading decisions. ═══════════════════════════════════════════════════════════ SUPPORT & CONTRIBUTIONS ═══════════════════════════════════════════════════════════ FEEDBACK WELCOME • Constructive comments appreciated • Bug reports help improve the indicator • Feature suggestions considered for future versions • Share your experience to help other users OPEN SOURCE This code is published as open source for the TradingView community to: • Learn from the implementation • Modify for personal use • Understand multi-timeframe analysis techniques If you find this indicator useful, please consider: • Leaving a thoughtful review • Sharing with other traders who might benefit • Following for future updates and releases ═══════════════════════════════════════════════════════════ ADDITIONAL RESOURCES ═══════════════════════════════════════════════════════════ RECOMMENDED READING • TradingView Pine Script documentation • PineCoders community resources • Technical analysis textbooks on moving averages • Multi-timeframe trading strategy guides • Risk management principles RELATED CONCEPTS • Trend following strategies • Moving average convergence/divergence • Multiple timeframe analysis • Volume-price relationships • Momentum indicators ═══════════════════════════════════════════════════════════ Thank you for using this indicator. Trade responsibly and continue learning! ═══════════════════════════════════════════════════════════
Pine Script® indicator
by zakariasafri47
ORBs, EMAs, SMAs, AVWAPThis is an update to a previously published script. In short the difference is the added capability to adjust the length of EMAs. Also added 3 customizable SMAs. Enjoy! Let me know what you think of the script please. This is only second one I have ever done. Through practice and people like @LuxAlgo and other Pinescripters this isn't possible. Tedious hrs with ChatGPT to correct nuances, who doesnt seem to learn from (insert pronoun) mistakes This all-in-one indicator combines key institutional tools into a unified framework for intraday and swing trading. Designed for traders who use multi-session analysis and dynamic levels, it automatically maps out global session breakouts, moving averages, and volume-weighted anchors with high clarity. Features include: 🕓 Tokyo, London, and New York ORBs (Opening Range Breakouts) — 30-minute configurable range boxes that persist until the next New York open. 📈 Anchored VWAP with Standard Deviation Bands — dynamically anchorable to session, week, or month for institutional-grade price tracking. 📊 Exponential Moving Averages (9, 20, 113, 200) — for short-, mid-, and long-term momentum structure. 📉 Simple Moving Averages (20, 50, 100) — fully customizable lengths, colors, and visibility toggles for trend confirmation. 🏁 Prior High/Low Levels (PDH/PDL, PWH/PWL, PMH/PML) — automatically plotted from previous day, week, and month, with labels placed at each session’s midpoint. 🎛️ Session-Aligned Time Logic — all time calculations use New York session anchors with DST awareness. 💡 Clean Visualization Options — every component can be toggled on/off, recolored, or customized for your workflow. Best used for: ORB break-and-retest setups VWAP and EMA rejections Confluence-based trading around key session levels Multi-session momentum tracking
Pine Script® indicator
by nh311009
1
Mythical EMAs + Dynamic VWAP BandThis indicator titled "Mythical EMAs + Dynamic VWAP Band." It overlays several volatility-adjusted Exponential Moving Averages (EMAs) on the chart, along with a Volume Weighted Average Price (VWAP) line and a dynamic band around it. Additionally, it uses background coloring (clouds) to visualize bullish or bearish trends, with intensity modulated by the price's position relative to the VWAP. The EMAs are themed with mythical names (e.g., Hermes for the 9-period EMA), but this is just stylistic flavoring and doesn't affect functionality. I'll break it down section by section, explaining what each part does, how it works, and its purpose in the context of technical analysis. This indicator is designed for traders to identify trends, momentum, and price fairness relative to volume-weighted averages, with volatility adjustments to make the EMAs more responsive in volatile markets. ### 1. **Volatility Calculation (ATR)** ```pine atrLength = 14 volatility = ta.atr(atrLength) ``` - **What it does**: Calculates the Average True Range (ATR) over 14 periods (a common default). ATR measures market volatility by averaging the true range (the greatest of: high-low, |high-previous close|, |low-previous close|). - **Purpose**: This volatility value is used later to dynamically adjust the EMAs, making them more sensitive in high-volatility conditions (e.g., during market swings) and smoother in low-volatility periods. It helps the indicator adapt to changing market environments rather than using static EMAs. ### 2. **Custom Mythical EMA Function** ```pine mythical_ema(src, length, base_alpha, vol_factor) => alpha = (2 / (length + 1)) * base_alpha * (1 + vol_factor * (volatility / src)) ema = 0.0 ema := na(ema ) ? src : alpha * src + (1 - alpha) * ema ema ``` - **What it does**: Defines a custom function to compute a modified EMA. - It starts with the standard EMA smoothing factor formula: `2 / (length + 1)`. - Multiplies it by a `base_alpha` (a user-defined multiplier to tweak responsiveness). - Adjusts further for volatility: Adds a term `(1 + vol_factor * (volatility / src))`, where `vol_factor` scales the impact, and `volatility / src` normalizes ATR relative to the source price (making it scale-invariant). - The EMA is then calculated recursively: If the previous EMA is NA (e.g., at the start), it uses the current source value; otherwise, it weights the current source by `alpha` and the prior EMA by `(1 - alpha)`. - **Purpose**: This creates "adaptive" EMAs that react faster in volatile markets (higher alpha when volatility is high relative to price) without overreacting in calm periods. It's an enhancement over standard EMAs, which use fixed alphas and can lag in choppy conditions. The mythical theme is just naming—functionally, it's a volatility-weighted EMA. ### 3. **Calculating the EMAs** ```pine ema9 = mythical_ema(close, 9, 1.2, 0.5) // Hermes - quick & nimble ema20 = mythical_ema(close, 20, 1.0, 0.3) // Apollo - short-term foresight ema50 = mythical_ema(close, 50, 0.9, 0.2) // Athena - wise strategist ema100 = mythical_ema(close, 100, 0.8, 0.1) // Zeus - powerful oversight ema200 = mythical_ema(close, 200, 0.7, 0.05) // Kronos - long-term patience ``` - **What it does**: Applies the custom EMA function to the close price with varying lengths (9, 20, 50, 100, 200 periods), base alphas (decreasing from 1.2 to 0.7 for longer periods to make shorter ones more responsive), and volatility factors (decreasing from 0.5 to 0.05 to reduce volatility influence on longer-term EMAs). - **Purpose**: These form a multi-timeframe EMA ribbon: - Shorter EMAs (e.g., 9 and 20) capture short-term momentum. - Longer ones (e.g., 200) show long-term trends. - Crossovers (e.g., short EMA crossing above long EMA) can signal buy/sell opportunities. The volatility adjustment makes them "mythical" by adding dynamism, potentially improving signal quality in real markets. ### 4. **VWAP Calculation** ```pine vwap_val = ta.vwap(close) // VWAP based on close price ``` - **What it does**: Computes the Volume Weighted Average Price (VWAP) using the built-in `ta.vwap` function, anchored to the close price. VWAP is the average price weighted by volume over the session (resets daily by default in Pine Script). - **Purpose**: VWAP acts as a benchmark for "fair value." Prices above VWAP suggest bullishness (buyers in control), below indicate bearishness (sellers dominant). It's commonly used by institutional traders to assess entry/exit points. ### 5. **Plotting EMAs and VWAP** ```pine plot(ema9, color=color.fuchsia, title='EMA 9 (Hermes)') plot(ema20, color=color.red, title='EMA 20 (Apollo)') plot(ema50, color=color.orange, title='EMA 50 (Athena)') plot(ema100, color=color.aqua, title='EMA 100 (Zeus)') plot(ema200, color=color.blue, title='EMA 200 (Kronos)') plot(vwap_val, color=color.yellow, linewidth=2, title='VWAP') ``` - **What it does**: Overlays the EMAs and VWAP on the chart with distinct colors and titles for easy identification in TradingView's legend. - **Purpose**: Visualizes the EMA ribbon and VWAP line. Traders can watch for EMA alignments (e.g., all sloping up for uptrend) or price interactions with VWAP. ### 6. **Dynamic VWAP Band** ```pine band_pct = 0.005 vwap_upper = vwap_val * (1 + band_pct) vwap_lower = vwap_val * (1 - band_pct) p1 = plot(vwap_upper, color=color.new(color.yellow, 0), title="VWAP Upper Band") p2 = plot(vwap_lower, color=color.new(color.yellow, 0), title="VWAP Lower Band") fill_color = close >= vwap_val ? color.new(color.green, 80) : color.new(color.red, 80) fill(p1, p2, color=fill_color, title="Dynamic VWAP Band") ``` - **What it does**: Creates a band ±0.5% around the VWAP. - Plots the upper/lower bands with full transparency (color opacity 0, so lines are invisible). - Fills the area between them dynamically: Semi-transparent green (opacity 80) if close ≥ VWAP (bullish bias), red if below (bearish bias). - **Purpose**: Highlights deviations from VWAP visually. The color change provides an at-a-glance sentiment indicator—green for "above fair value" (potential strength), red for "below" (potential weakness). The narrow band (0.5%) focuses on short-term fairness, and the fill makes it easier to spot than just the line. ### 7. **Trend Clouds with VWAP Interaction** ```pine bullish = ema9 > ema20 and ema20 > ema50 bearish = ema9 < ema20 and ema20 < ema50 bullish_above_vwap = bullish and close > vwap_val bullish_below_vwap = bullish and close <= vwap_val bearish_below_vwap = bearish and close < vwap_val bearish_above_vwap = bearish and close >= vwap_val bgcolor(bullish_above_vwap ? color.new(color.green, 50) : na, title="Bullish Above VWAP") bgcolor(bullish_below_vwap ? color.new(color.green, 80) : na, title="Bullish Below VWAP") bgcolor(bearish_below_vwap ? color.new(color.red, 50) : na, title="Bearish Below VWAP") bgcolor(bearish_above_vwap ? color.new(color.red, 80) : na, title="Bearish Above VWAP") ``` - **What it does**: Defines trend conditions based on EMA alignments: - Bullish: Shorter EMAs stacked above longer ones (9 > 20 > 50, indicating upward momentum). - Bearish: The opposite (downward momentum). - Sub-conditions combine with VWAP: E.g., bullish_above_vwap is true only if bullish and price > VWAP. - Applies background colors (bgcolor) to the entire chart pane: - Strong bullish (above VWAP): Green with opacity 50 (less transparent, more intense). - Weak bullish (below VWAP): Green with opacity 80 (more transparent, less intense). - Strong bearish (below VWAP): Red with opacity 50. - Weak bearish (above VWAP): Red with opacity 80. - If no condition matches, no color (na). - **Purpose**: Creates "clouds" for trend visualization, enhanced by VWAP context. This helps traders confirm trends—e.g., a strong bullish cloud (darker green) suggests a high-conviction uptrend when price is above VWAP. The varying opacity differentiates signal strength: Darker for aligned conditions (trend + VWAP agreement), lighter for misaligned (potential weakening or reversal). ### Overall Indicator Usage and Limitations - **How to use it**: Add this to a TradingView chart (e.g., stocks, crypto, forex). Look for EMA crossovers, price bouncing off EMAs/VWAP, or cloud color changes as signals. Bullish clouds with price above VWAP might signal buys; bearish below for sells. - **Strengths**: Combines momentum (EMAs), volume (VWAP), and volatility adaptation for a multi-layered view. Dynamic colors make it intuitive. - **Limitations**: - EMAs lag in ranging markets; volatility adjustment helps but doesn't eliminate whipsaws. - VWAP resets daily (standard behavior), so it's best for intraday/session trading. - No alerts or inputs for customization (e.g., changeable lengths)—it's hardcoded. - Performance depends on the asset/timeframe; backtest before using. - **License**: Mozilla Public License 2.0, so it's open-source and modifiable.
Pine Script® indicator
by Panos1389
Custom MTF EMA CloudsVisualize market structure and trend alignment across multiple timeframes with six layered EMA clouds — from short-term momentum to macro trend anchors. Each pair of EMAs forms a dynamic cloud that adapts to your selected timeframe. Colors, lengths, and visibility are fully customizable, allowing you to tailor the setup for any trading style. ⚙️ Default Configuration EMA Short Long Purpose 1 8 13 🔸 Intraday momentum cloud (scalping layer) 2 21 24 🟩 Short-term trend confirmation 3 50 55 🔵 Medium-term swing structure 4 120 144 🔴 Long-term support/resistance band 5 200 238 🟠 Institutional trend foundation 6 400 460 🟣 Macro directional anchor 🧩 Features ✅ Up to 6 independent EMA clouds ✅ Fully customizable short & long lengths ✅ Individual line and cloud colors ✅ Toggle each layer on/off ✅ Works with any timeframe via the Resolution input ✅ Automatic cloud transparency for better chart clarity 📈 How to Use Use EMA 1–2 (8/13, 21/24) for momentum shifts and intraday entries. Use EMA 3–4 (50/55, 120/144) for swing confirmation and trend continuation. Use EMA 5–6 (200/238, 400/460) as long-term anchors to stay aligned with institutional flow. Watch for crossovers or price breaking in/out of clouds — they often precede strong directional moves.
Pine Script® indicator
by shortbigly
Candle PlotUsed Linear Regression Candles by ugurvu Added Regular and Heiken Ashi candles to choices Added ability to choose timeframe but I find it does not look great when showing higher timeframes To keep main chart less cluttered, I will add this indicator to my chart and then move a secondary indicator from the chart into it. You will need to pin the scale of the indicator to the scale of the Candle Plot. Or, you can have the regular chart set to Regular candle and the Candle Plot set to Heiken Ashi or vice versa.
Pine Script® indicator
by gdad