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Exponential Moving Average (EMA)

Market State Data Box Multi TF Trend Reversion BreakoutsThe Market State Data Box (v6) is a visual dashboard overlay that provides a real-time snapshot of market structure across multiple timeframes. It helps traders quickly assess trend direction, mean reversion conditions, and breakout volatility all without cluttering the chart. For each selected timeframe (Monthly to 2-minute), the box displays: Trend Alignment Detects whether EMAs are in bullish, bearish, or neutral alignment: Green = Bullish trend (stacked EMAs) Red = Bearish trend (inverted EMAs) Black = Neutral/mixed Mean Reversion Zone Highlights if the price is currently between EMA1 and EMA3, suggesting a potential mean-reversion environment (sideways, balanced). BB Breakout Detection Triggers if price breaks outside a 2 standard deviation range around the EMA (like a Bollinger Band breakout), useful for spotting explosive moves or fakeouts. Customizable Inputs Enable or disable any timeframe (Monthly, Weekly, Daily, etc.) Set custom EMA values per timeframe (default: 20, 50, 200) Use 2-EMA logic by setting the 3rd EMA to 0 Adjust box transparency and position Use Case Examples Use higher TFs (D, W, M) for trend bias Use lower TFs (2m, 5m, 15m) for execution Confirm breakouts or range setups using BB Break & MR zones
Pine Script® indicator
by TeeJay5250
EMA Forecast [QuantAlgo]🟢 Overview The EMA Forecast extends traditional Exponential Moving Average analysis by projecting potential future EMA values up to 20 bars ahead. Unlike conventional dual-EMA systems that only display historical crossovers and trend states, this indicator uses three proprietary forecasting models, each analyzing different market dimensions (structure, volume dynamics, or mathematical trend), to explore potential price paths and calculate how the fast and slow EMAs might evolve. This approach allows traders to form probabilistic expectations about future trend states, crossover timing, and momentum shifts across various asset classes and timeframes. 🟢 How It Works The indicator operates through a multi-stage calculation process that projects EMA trajectories forward in time. First, it generates potential future price values using one of three selectable forecasting methods, each examining different market characteristics (structural patterns, volume accumulation/distribution, or linear trend progression). These projected prices then undergo a dynamic oscillation process that applies realistic volatility scaled by ATR (Average True Range), simulating natural price movement patterns rather than producing unrealistic smooth projections. Finally, the system performs iterative EMA calculations using the standard exponential formula, feeding each forecasted price sequentially through both the fast and slow EMA algorithms to generate continuous projected values while maintaining mathematical consistency with the historical EMAs. The forecasting engine recalculates projections on every bar update (or confirmed bar, based on settings), adapting to evolving market conditions through configurable lookback periods. The implementation preserves the mathematical integrity of EMA calculations while extrapolating trend trajectories, creating visual continuity between historical solid EMA lines and forecasted semi-transparent dashed lines that extend beyond the current bar. 🟢 Key Features 1. Market Structure Model This algorithm applies smart money concepts and price action analysis by identifying break of structure (BOS) and change of character (CHoCH) patterns to determine potential directional bias. The system detects swing highs and lows using configurable pivot lengths, then analyzes sequences of higher highs and lower lows to establish bullish or bearish structure states. When structure is bullish and price approaches recent swing lows, the forecast projects potential moves higher scaled by ATR and trend strength. Conversely, bearish structure near swing highs projects downward bias. In neutral structure states, the algorithm reverts to mean-reversion logic, projecting toward the midpoint between recent structural extremes. ▶ Practical Implications: Explores potential EMA behavior during structural trend continuation Identifies scenarios where structure breaks might influence EMA crossovers Could be useful for swing traders and position traders who incorporate order flow and liquidity concepts The Structure Influence parameter allows blending between pure trend following and structure-weighted forecasts Helps visualize potential trend exhaustion when structure weakens or reverses May assist in anticipating false breakouts when structure contradicts price direction 2. Volume-Weighted Model This model synthesizes multiple volume-based metrics to assess potential capital flow and institutional activity. The algorithm combines On-Balance Volume (OBV) slope analysis, Accumulation/Distribution Line trajectory, volume-weighted returns, and volume spike detection above customizable thresholds. When all volume indicators align directionally (positive OBV slope, rising A/D line, positive volume momentum), the forecast projects stronger potential moves in that direction, reflecting significant accumulation or distribution. Volume spikes above the threshold trigger additional directional adjustments scaled by ATR. When volume metrics diverge from price trends, the forecast suggests potential consolidation or reversal scenarios. ▶ Practical Implications: Incorporates institutional footprint analysis into EMA trend forecasting Attempts to distinguish between price moves supported by volume versus those that may lack follow-through Could be particularly relevant in markets where volume data is reliable and significant Volume Influence parameter enables adaptation to different market microstructures and liquidity profiles Highlights potential accumulation/distribution phases that might precede major EMA crossovers May help filter low-volume price noise that creates false EMA signals Could be valuable for traders who require volume confirmation before acting on trend signals 3. Linear Regression Model This mathematical approach applies least-squares regression fitting to project simple trend trajectories based on recent price history. The algorithm calculates the best-fit line through the lookback period and extrapolates it forward using the regression equation, providing straightforward trend continuation forecasts without conditional logic or market-state dependencies. ▶ Practical Implications: Delivers reproducible forecasts based on statistical principles Performs well in established trending markets with clear directional bias Minimal parameter sensitivity (primarily controlled by lookback period length) Computationally efficient with fast recalculation suitable for multi-timeframe analysis Serves as a neutral baseline to compare against the more complex structure and volume methods Provides simpler forecasts in low-noise environments without the assumptions inherent in smart money or volume analysis 🟢 Universal Applications Across All Models Each forecasting method projects potential future EMA values (both fast and slow lines), which traders can use to: ▶ Anticipate potential crossovers: Visualize possible bullish or bearish EMA crosses several bars ahead, enabling proactive position planning rather than reactive trade execution ▶ Explore trend continuation scenarios: Assess whether current trends might maintain separation between EMAs or converge toward crossover zones ▶ Plan entry timing: Identify potential optimal entry points along the forecasted EMA trajectory, such as price pullbacks to the forecasted fast EMA in uptrends ▶ Evaluate trend strength: Monitor the distance between forecasted fast and slow EMAs as a proxy for potential momentum sustainability ▶ Develop systematic strategies: Build rules based on forecasted crossover timing, EMA slope changes, or convergence/divergence patterns ▶ Adapt to market conditions: Switch between forecasting methods based on current market character, e.g., structure method for range-bound or reversal markets, volume method for liquidity-driven moves, linear regression for clean trending environments ▶ Assess risk/reward: Use forecasted EMA levels as potential dynamic support/resistance for stop-loss placement and profit target estimation ▶ Combine with other indicators: Layer forecasted EMA crossovers with momentum oscillators, volatility bands, or volume profiles for multi-confirmation setups The indicator includes extensive customization options: adjustable EMA periods, forecast volatility control to simulate realistic or smooth price movement, realtime bar inclusion toggle, multiple color presets, optional bar coloring, crossover signal triangles, configurable transparency, and built-in alerts. As with all technical analysis tools, these forecasts represent potential scenarios based on current data and chosen methodologies. They should be integrated into a comprehensive trading plan that includes risk management, fundamental analysis, and multiple timeframe confirmation rather than used as standalone predictive signals. Market conditions can change rapidly, and no forecasting algorithm can account for unexpected news events, regime shifts, or black swan occurrences. The true benefit lies not in expecting precise forecasts but in developing a forward-thinking perspective on possible market conditions and planning your responses accordingly.
Pine Script® indicator
by QuantAlgo
2
Dual EMA (9 & 16) Customizable 📈 Dual EMA Indicator (Customizable & Preset Based) The Dual EMA Indicator is a simple yet powerful trend-following tool that plots two Exponential Moving Averages (EMAs) on the price chart. It is designed for scalpers, intraday traders, and swing traders who rely on EMA crossovers and trend direction for decision-making. This indicator allows full customization of both EMAs, including length, color, source, line width, and offset. Users can also enable or disable each EMA individually, keeping the chart clean and focused. To make trading faster and easier, built-in preset EMA combinations such as 5–9, 9–21, and 16–34 are provided, which are commonly used for scalping and trend trading. A Custom mode is also available for traders who prefer their own EMA settings. 🔑 Key Features Two EMAs in a single indicator Preset EMA pairs for scalping and intraday trading Fully customizable EMA lengths and sources Change colors, line width, and offset Enable/disable each EMA with a checkbox Clean and lightweight with no lag 📊 How to Use Fast EMA above Slow EMA → Bullish trend Fast EMA below Slow EMA → Bearish trend EMA crossovers can be used for entry and exit confirmation Works well on 1m, 3m, 5m, 15m, and higher timeframes This indicator is ideal for traders who want a simple, flexible, and reliable EMA setup without cluttering their charts.
Pine Script® indicator
by hector_jump
1
SMC Wave Sentinel v4.1 - Precision Trend Engine (by ChatGPT)Wave Sentinel v4.1 – Precision Trend Engine (by ChatGPT) Wave Sentinel v4.1 is a precision-engineered scalping and trend detection system that combines adaptive multi-EMA logic with synchronized Profit Wave visualization. Designed collaboratively with ChatGPT (2026), this system focuses on precision, responsiveness, and visual clarity for active traders. Features: • Adaptive multi-EMA trend detection • Profit Wave visualization with top/bottom zones • Single active signal logic (reduces false flips) • Adaptive background trend filtering • Customizable colors, alerts, and visual styles Optimized for 15-second to 1-minute charts, but adaptable to any timeframe. Built for scalpers, momentum traders, and algorithmic developers who value speed, structure, and visual precision.
Pine Script® indicator
by thriftyOwl32931
1
4EMAs Honor Maleta4EMAs Honor (EMAs Honor Maleta) — Indicator Description (TradingView) 4EMAs Honor is a clean, practical moving-average overlay designed to help you read trend direction, momentum, and dynamic support/resistance at a glance. It plots four Exponential Moving Averages (EMAs) — 6, 9, 50, and 200 — commonly used for short-term flow, medium trend structure, and long-term bias. 🔧 What it includes EMA 6 (Purple): very fast momentum line; reacts quickly to price changes. EMA 9 (Yellow): fast trend confirmation; useful to validate the short-term move. EMA 50 (Orange): mid-term trend filter; helps define the main direction and structure. EMA 200 (Blue): long-term bias; often acts as a major dynamic support/resistance level. How to use it (simple workflow) Trend Bias: Price above EMA 200 → bullish environment Price below EMA 200 → bearish environment Momentum / Pullbacks: EMA 6 & EMA 9 help spot acceleration, pullbacks, and shifts in short-term momentum. Trend Structure: EMA 50 is a key filter to avoid trading against the dominant move. ⚙️ Customization You can change the price source (close, open, hl2, etc.) and adjust each EMA length to match your market and timeframe. ⚠️ Note: This indicator is a visual trend tool and does not generate trading signals by itself. Always confirm with market structure, risk management, and your strategy rules.
Pine Script® indicator
by GuajiTTvzla
PSP PEMA Indicator Only Sell 45MTF-7% TargetPSP PEMA Indicator – Only SELL (45MTF | Early Short Capture) 🔥 Purpose of This Indicator PSP PEMA Indicator is a professional-grade intraday SELL-only tool, specially designed to capture EARLY SHORT SELL opportunities in NIFTY before major intraday reversals. The highlight of this indicator is the “EARLY SELL” signal, which is crafted to catch premium decay moves in options and is ideal for same-day option selling or directional PUT buying. ⏱ Best Timeframe to Use Primary Timeframe: 45 Minutes (Strictly recommended) Can be observed on 15M for confirmation, but signals are optimized for 45MTF 📊 Best Instruments ✅ NIFTY Index (Highly Recommended) Bank Nifty (with slightly higher risk) FINNIFTY (experienced traders only) 👉 Works best on INDEX options, not recommended for stock options. ⭐ Most Powerful Signal: EARLY SELL The EARLY SELL label appears near market tops, usually before sharp intraday falls. How to Trade EARLY SELL (Options Focused) Wait for “EARLY SELL” label on 45-minute chart Execute trade on NEXT candle (do not chase) Trade selection: ATM / ITM PUT Buy OR ATM CALL Sell (for option sellers) Prefer same-day expiry or weekly options 🎯 Expected Target (Intraday) Options Premium: 🔹 5% to 7% decay/move achievable the same day Index Move: 🔹 Short-term downside impulse usually follows ⚠️ This indicator is designed to capture early momentum, not late breakdowns. 🛑 Stop Loss (Very Important) Options Buy: 🔻 Premium SL = 25–30% Option Sell: 🔻 Exit if next 45M candle closes above signal high No averaging against signal ❌ 🧠 When to AVOID Trading First 15 minutes of market open Low-volatility sideways days Major news / event candles already expanded 📈 Trade Management Tips Book partial profits early Trail remaining position One EARLY SELL per swing is enough — quality over quantity ⚠️ Disclaimer This indicator is meant for educational and analytical purposes. Markets involve risk. Use proper risk management and trade responsibly.
Pine Script® indicator
by pushpandrasingh
EMA - SHORT (8/20)EMA SHORT (8/20) trades only the short side by waiting for bearish regime alignment and then capturing continuation once momentum confirms. It ignores long signals entirely and filters out sideways chop or late entries. Built to: ✔ Confirm bearish direction ✔ Avoid compression phases ✔ Filter weak flips ✔ Simulate short execution visually ✔ Enable automation via Webhooks Ideal for: Futures traders (short bias) Breakout & momentum traders Signal providers Copy-trading systems Bot builders Works across timeframes from scalping to swing, with strong performance in futures, crypto, and FX.
Pine Script® indicator
by Boccalandro
EMA - LONG (8/20)EMA LONG (8/20) trades only the long side by waiting for bullish regime alignment and then capturing continuation after momentum confirms. It ignores short signals entirely and avoids early flip entries, focusing on cleaner post-flip continuation legs. Designed to: ✔ Filter out sideways compression ✔ Avoid counter-trend shorts ✔ Confirm long-side momentum ✔ Simulate entries/exits visually ✔ Enable alerts for automation Works across timeframes and instruments, with strong use cases in futures, crypto, and FX. Ideal for: Trend continuation traders Long-biased futures traders Bot automation / signal providers Copy trading setups
Pine Script® indicator
by Boccalandro
Scalping Dashboard by Jitendra396Scalping Dashboard with Multi Time Frame Signal Overview Summary of This Indicator Scalping Dashboard is an advanced multi timeframe Trading Dashboard designed for scalpers, intraday traders, and swing traders. It combines trend, momentum, volatility, volume, and sniper-entry logic into a single clean panel — helping traders make faster and more confident decisions. This indicator works on any market (Stocks, Indices, Futures, Crypto, Forex) Key Features / What This Indicator Does View market strength across multiple timeframes in one table: 5m, 15m, 30m, 60m, 120m, 240m, Daily (customizable) Each timeframe shows: VWAP Position (Above / Below) MACD Momentum RSI Strength ADX Trend Power Stochastic Direction EMA 5 / 13 / 21 Position Final Trade Bias (BUY / SELL / WAIT) Smart Sniper Entry System High-probability entry signals based on: RSI breakout confirmation Stochastic reversal zone MACD crossover Pivot bottom/top confirmation Multi-Timeframe validation (15m / 60m / Both) Entry Mode: ANY or ALL conditions BUY arrows at demand zones SELL arrows at supply zones Sniper Entry Logic (Chart Signals) BUY Triggered only when: RSI crosses above 40 (coming out of oversold) RSI is above RSI 14 SMA Stochastic %K crosses above %D from oversold (<20) MACD line crosses above signal Signal occurs at a confirmed swing bottom (pivot low) Confirmed on 15-minute, 1-hour, or both (user-selectable) Sniper SELL Triggered only when: RSI crosses below 60 (coming down from overbought) RSI is below RSI 14 SMA Stochastic %K crosses below %D from overbought (>80) MACD line crosses below signal Signal occurs at a confirmed swing top (pivot high) Confirmed on 15-minute, 1-hour, or both Supertrend Trend Filter Visual trend confirmation directly on chart: Helps avoid counter-trend trades Green = Uptrend Red = Downtrend High Volume Candle Detection Highlights High activity: Blue candle → Strong buying volume Black candle → Strong selling volume Great for spotting breakout & trap moves. Fully Customizable Dashboard UI Enable / Disable any column Enable / Disable any timeframe Table size: Small / Medium / Large Table position: Top / Middle / Bottom Left / Center / Right Setting Details Snapshot/ Image to Understand Changes after Enabling Setting Snapshot/ Image to Understand Changes after Disabling Setting Code Summary How This Script Fetches and Calculates Data High Volume Candle Detection volMA = ta.sma(volume, volMaLen) isHighVol = volume > volMA * volMultiplier barcolor( enableHighVol and isHighVol and close > open ? color.blue : enableHighVol and isHighVol and close < open ? color.black : na) Sniper BUY / SELL Engine c1 = ta.crossover(rsi,40) c2 = rsi > rsiS c3 = ta.crossover(k,d) and k < 20 c4 = ta.crossover(m,s) Pivot Confirmation Filter isBottom = not na(ta.pivotlow(low,pivotLen,pivotLen)) isTop = not na(ta.pivothigh(high,pivotLen,pivotLen)) Thanks Trading View Community
Pine Script® indicator
by radhe396
AlgoYields - AAlgoYields A — Everyday Overlay for Clean, Actionable Context Please follow — more indicators & ideas coming soon! Equipped with alerts and customizable styles, this overlay is designed for daily use: attractive look for fast reads, low noise, high signal. It blends a few trusted tools into a single, elegant view so you can track trend, momentum, and breakouts without overcrowding. What’s inside Trading Session Backdrop Quarter-tinted background (distinct color per quarter) for quick macro orientation; subtle week-to-week transparency shifts; CME pre-market, regular session, and post-market shading; weekends left clear. Includes multiple curated color palettes. Ask if you want a custom theme. EMA Cloud A staircase of short EMAs for trend strength + two macro EMAs (defaults: 80 & 200). Macro EMAs auto-tint: blue when price is above, orange when below. All lengths are user-configurable. RSI-Derived Bar Colors Contextual bar coloring by RSI level/zone to make strength/weakness instantly visible. Comes with multiple palettes optimized for light/dark charts. Price Channel & Breakouts Select band source: Close (tight), HLC3 (medium), or High/Low (widest). Breakout dots print above/below bars and are color-coded by trend context: Green : break below lower band in an uptrend (buy-the-dip candidates). Yellow : break above upper band in an uptrend (potential exhaustion / quick scalp). Orange : break below lower band in a downtrend (continuation shorts). Red : break above upper band in a downtrend (fade-the-pop entries). Buffer values can be tuned to reduce noise or enhance reactivity How to use it –––––––––– Bullish Breakdowns ( green dots) — often attractive dip-buys within uptrends. Confirm with macro-EMA slope: steeper = stronger follow-through; flatting slope = take quicker profits and watch for potential rollover. Bullish Breakouts ( yellow dots) — be selective. If RSI confirms strength, these can be solid for quick scalps; otherwise, beware “touch-and-fade” at the upper band. Apply the same logic in reverse for shorts: Bearish Breakouts ( red ) and Bearish Breakdowns ( orange ) favor short entries/continuations. Inputs worth tweaking EMA lengths (short stack + macro 80/200 defaults). RSI bar-color palette (pick for light/dark themes). Channel source (Close / HLC3 / High-Low) and breakout buffer. Session/quarter palette selection. Alerts Choose from built-in signals (channel breaks, EMA crosses, significant RSI levels). Notes & best practices Backtest breakouts per asset/timeframe to tune buffers and TP/SL targets. Use level + slope together: RSI/EMA levels flag conditions; slope confirms impulse/continuation. Let the EMA cloud and macro EMAs set bias; use RSI bars and breakout dots for timing.
Pine Script® indicator
by theValleyMan
1
EMA 8 48 System v1Short Description: A trend-following indicator using EMA crossovers, ATR-based volatility filter, and a cooldown period to reduce false signals. Designed for clear buy/sell signals in trending markets. Full Description: What is this indicator? This script implements a dual EMA crossover system (8-period and 48-period EMAs) with a trend filter (EMA200), ATR-based volatility filter, and a cooldown period to avoid overtrading. It visually plots EMAs, buy/sell signals, and ATR-based stop loss/target levels. Why is it useful? Helps traders identify high-probability trend entries and avoid choppy, low-volatility conditions. Reduces false signals by requiring trend confirmation, sufficient volatility, and spacing out trades. Suitable for intraday and swing trading on most liquid assets. When to use: Best used in markets showing clear trends (not sideways). Works on most timeframes, but higher timeframes (15m, 1h, 4h, daily) tend to give more reliable signals. How to spot buy and sell: Buy: Green “BUY” label appears when EMA8 crosses above EMA48, price is above EMA200, and ATR is above the minimum threshold. Sell: Red “SELL” label appears when EMA8 crosses below EMA48, price is below EMA200, and ATR is above the minimum threshold. ATR-based stop loss and target levels are plotted for each signal. Additional tips: Adjust the minimum ATR and cooldown settings to match your asset’s volatility and your trading style. Use in conjunction with price action or higher timeframe analysis for best results. Avoid trading during low volatility or sideways markets, as signals may be less reliable. Always backtest and forward-test before using live. How to add signals and update settings: Use the script’s input panel to adjust EMA lengths, ATR settings, minimum ATR, and cooldown period. To add alerts, use TradingView’s “Add Alert” feature and select the buy or sell conditions from the script’s alert options. For further customization, you can edit the script to add additional filters or notification logic. This indicator is for educational purposes only. Always use proper risk management and do your own research before trading. Disclaimer: This script is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk. Past performance is not indicative of future results. Always do your own research and use proper risk management. The author is not responsible for any losses incurred from the use of this script. By using this script, you agree to take full responsibility for your trading decisions.
Pine Script® indicator
by ProAITrader
BRYCE EMA 9/15 Momentum (STRICT)BRYCE EMA 9/15 Momentum — STRICT (All Tickers) This is the “quality over quantity” version. It still uses the EMA 9/15 crossover, but it only signals when multiple conditions align. If you prefer fewer trades with stronger confirmation, this is the version to use. What it shows and why it matters EMA 9 & EMA 15: The core crossover trigger. Strong Angle/Slope Requirement: Ensures the EMAs are moving with real momentum, not drifting. Higher EMA Separation Requirement: Demands more expansion so the crossover isn’t just noise. VWAP Alignment Required: Trades are only considered when price action agrees with VWAP direction. Volume Impulse Required: Helps confirm real participation instead of “fake” movement. Time Filter Required: Avoids many low-quality periods when 15-second crossovers are unreliable. HTF Bias Alignment Required (1m & 5m): The 1-minute and 5-minute trend must support the trade direction. A-Grade Signals by Design: This version is built to mostly produce A-quality setups. Best suited for Traders who want a high-confidence filter Automation/webhook trading where you only want the cleanest signals Trend days and strong directional sessions Least suited for Range-bound or “mean reversion” days Traders who want frequent entries (this one will be selective) Ultra-quiet periods where volume never expands Best timeframes Primary: 15-second Also works: 1-minute (very clean), especially for newer traders who want less noise DISCLAIMER This indicator is provided for educational and informational purposes only. It does not constitute financial advice, investment advice, trading advice, or a recommendation to buy or sell any security, option, or financial instrument. Trading and investing involve substantial risk, including the potential loss of all invested capital. Past performance, signals, alerts, or examples generated by this indicator do not guarantee future results. All trading decisions made using this indicator are solely the responsibility of the user. By using this indicator, you acknowledge that you are trading at your own risk and according to your own risk tolerance, financial situation, and experience level. The creator of this indicator assumes no responsibility or liability for any losses, damages, or outcomes resulting from the use of this tool, whether through manual trading, alerts, or automated systems. Users are strongly encouraged to practice proper risk management, conduct their own research, and consult with a qualified financial professional before making any trading or investment decisions.
Pine Script® indicator
by winterfell62429826
BRYCE EMA 9/15 Momentum MA (AGGRESSIVE)BRYCE EMA 9/15 Momentum — AGGRESSIVE (All Tickers) This indicator is a fast-paced momentum tool built around a simple concept: when the 9 EMA crosses the 15 EMA and the move has real “push,” it highlights a potential entry. It’s designed for traders who want more opportunities while still avoiding the worst “choppy” crossover signals. What it shows and why it matters EMA 9 & EMA 15 (trend trigger): These two moving averages help you see short-term momentum. A crossover can signal a shift in direction. Angle/Slope Filter (momentum confirmation) : The indicator checks that the EMAs are actually rising or falling with strength (not flat). This helps reduce false signals in sideways markets. EMA Separation Filter (avoids weak crossovers): If the EMAs are too close together, crossovers tend to be noise. Separation helps confirm the move is expanding. VWAP (institutional bias): VWAP is a key level many traders watch. This indicator grades signals higher when the trade direction agrees with VWAP. Volume Impulse (participation check): Momentum is more reliable when volume expands. Higher volume often means the move has more follow-through potential. Time Window Filter (liquidity timing): The system favors times of day when the market tends to move cleaner (like the open and active mid-day windows). HTF Bias Table (1m & 5m): A small on-chart table shows whether the 1-minute and 5-minute trend is bullish or bearish, helping you align trades with the bigger intraday flow. A/B/C Trade Quality Score: Each signal is graded so you can focus on the best setups (A) and treat lower grades (C) more cautiously. Best suited for 1. 15-second to 1-minute charts when you want more signals 2. Active, liquid tickers (SPY, QQQ, TSLA, NVDA, META, etc.) 3. Momentum scalping and quick intraday trades Least suited for 1. Sideways/choppy markets (especially midday low-volume grind) 2. Illiquid stocks with wide spreads 3. Slow “swing trade” environments (signals are designed for short-term movement) Best timeframes 1. Primary: 15-second 2. Also works: 30-second and 1-minute (may feel smoother with fewer signals)
Pine Script® indicator
by winterfell62429826
ETF x STOCKS SCREENER - [RZ]ETFS x Stocks Screener Overview The ETFS Screener is a comprehensive sector-based ETF analysis tool designed to help traders identify trend direction and relative strength across multiple ETF sectors. This indicator combines automated sector screening with a customizable manual watchlist, providing a dual-table dashboard for efficient market analysis. Features Table 1 — Automated Sector ETF Screener This table dynamically lists ETFs organized by sector, automatically calculating and displaying: Ticker Symbol & Label : Quick identification of each ETF Trend Status : Current trend direction (Bullish/Bearish) RS Score : Relative Strength score measured against SPY as the benchmark index Automatic Ranking : ETFs are sorted by RS Score for easy identification of sector leaders and laggards Table 2 — Manual Watchlist A customizable watchlist allowing users to: Add up to 3 custom sectors via indicator inputs Add up to 4 tickers per sector via indicator inputs View computed trend status for each manually added ticker How It Works Trend Calculation Logic The indicator determines trend direction using a triple EMA confirmation system: Bullish : 10 EMA > 20 EMA AND Close Price > 50 EMA Bearish : 10 EMA < 20 EMA This approach requires both short-term momentum alignment and price position above the medium-term average for bullish confirmation. Relative Strength (RS) Score Calculation The RS Score measures an ETF's performance relative to the SPY index: Ratio Calculation : Ticker Close Price ÷ SPY Close Price Spread Computation : Calculated using the spread between the 10/20 EMA and 50 EMA of the ratio Higher RS Scores indicate stronger relative performance compared to the broader market. Technical Notes No Repainting : The indicator uses barstate.isconfirmed to ensure all calculations are performed only on confirmed (closed) bars, preventing any repainting issues Performance Optimized : External library integration is utilized for trend and RS score calculations to maintain optimal performance. How to Use Apply the indicator to your chart For the Automated Screener : Monitor the first table to identify sector ETFs ranked by relative strength and their current trend status For the Manual Watchlist : Configure your preferred sectors and tickers in the indicator settings to track specific instruments Mapping ETFs - TV sectors XLC - Communications XLY - Consumer Durables + Consumer Serivces + Retail Trade XLP - Consumer Non-Durables + Retail Trade XLE - Energy Minerals XLF - Finance XLV - Health Services + Health Technology XLI - Industrial Services + Producer Manufacturing + Transportation + Distribution Services + Commercial Services XLK - Electronic Technology + Technology Services XLB - Non-Energy Minerals + Process Industries XLRE - Real Estate only XLU - Utilities Disclaimer ⚠️ This indicator is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any securities. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Trading involves significant risk of loss and is not suitable for all investors.
Pine Script® indicator
by roronoa_zoro_gfunk