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M-oscillator

Smart ATR ProSmart ATR Pro - Adaptive Volatility & Smart Money Indicator Advanced oscillator combining Adaptive ATR filtering with Smart Money detection. Features: 🎯 Smart Signals BUY/SELL alerts with star rating system (1-5 stars) STRONG signals for high-probability entries ATR color status (Green/Yellow/Red) for volatility conditions 📊 Multi-Timeframe Analysis MFI with overbought/oversold zones Cumulative Delta volume analysis Smart Money Power histogram Price-action divergences detection ⚡ Adaptive Technology Auto-adjusts ATR ranges based on market conditions Smart Money strength calculation (0-6 points) Volume spike detection 🎨 Professional UI Centered table with adjustable opacity Color-coded indicators for quick reading Clean oscillator display with multiple plots Perfect for swing traders and day traders seeking confirmed entries with volatility filtering and smart money confirmation. *Settings: ATR Period 14, MFI Period 12, 100-bar analysis*
Pine Script® indicator
by shak_darya23
Delta Force Index - DFI [TCMaster]This indicator provides a proxy measurement of hidden buying and selling pressure inside each candle by combining tick volume with candle direction. It calculates a simulated delta volume (buy vs. sell imbalance), applies customizable scaling factors, and displays three components: Delta Columns (green/red): Show estimated hidden buy or sell pressure per candle. Delta Moving Average (orange line): Smooths delta values to highlight underlying momentum. Cumulative Delta (blue line): Tracks the long-term accumulation of hidden order flow. How to use: Rising green columns with a positive Delta MA and upward Cumulative Delta suggest strong hidden buying pressure. Falling red columns with a negative Delta MA and downward Cumulative Delta suggest strong hidden selling pressure. Scaling parameters allow you to adjust the visual balance between columns and lines for different timeframes. Note: This tool uses tick volume and candle direction as a proxy for order flow. It does not display actual bid/ask data or Level II market depth. For professional order flow analysis, footprint charts or DOM data are required.
Pine Script® indicator
by TCMaster
WaveTrend Oscillator [WT] — LazyBear Modified by PickMyTradeThis strategy is built upon the well-known “WaveTrend Oscillator ” indicator originally published by LazyBear. The WaveTrend is widely used across markets for spotting momentum reversals, especially when the oscillator crosses the signal line within overbought and oversold zones. The PickMyTrade team has converted this classic indicator into a fully automated, risk-managed trading strategy designed to maintain consistent performance with controlled drawdown. It includes additional trend and momentum filters, along with a complete capital protection framework aimed at meeting the strict requirements of prop firm evaluations. This version focuses heavily on profit factor stability, drawdown reduction, and risk management, making it suitable for traders who must operate within strict rules. What Makes This Version Different? LazyBear’s original WaveTrend indicator provides excellent reversal detection, but this strategy expands it significantly by adding: 1. Risk-Management System Designed for Prop Firm Rules Maximum equity drawdown limit Daily loss limit Automatic “stop trading” mode when limits are reached Optional position size reduction as drawdown increases These protections help keep the account within typical challenge requirements such as 5–10% max drawdown. 2. ATR-Based Stop Loss and Risk-to-Reward Targeting Adaptive volatility-based stop losses Configurable R:R take-profit targets Position sizing based on percent of equity or fixed contracts Ensures consistent risk exposure across all market types. 3. Improved WaveTrend Logic While the original WT uses simple crossovers, this strategy adds several filters: Histogram momentum direction (WT1 – WT2) RSI momentum confirmation ADX trend-strength filter Optional overbought/oversold only mode (classic WT behavior) These help reduce false reversals and improve the signal quality in choppy environments. 4. Multi-Market & Multi-Timeframe Compatibility The strategy performs reliably on: Stocks Crypto Forex Indices Futures It works on both short-term charts (15m) and higher timeframes (1H, 4H). Higher timeframes tend to show lower drawdown and higher profit factors. 5. No Repainting All logic is based strictly on closed candles. The strategy does not repaint past signals. How It Works WaveTrend Core Logic WT1 = EMA-smoothed channel deviation WT2 = smoothed signal of WT1 Main signals come from crossovers of WT1 and WT2 Optimal conditions occur below oversold or above overbought zones Entry Conditions Long Entry WT1 crosses above WT2 Histogram momentum positive RSI supports upward momentum ADX confirms trend strength (optional) Optional: WT1 below oversold threshold Short Entry WT1 crosses below WT2 Histogram momentum negative RSI supports downward momentum ADX confirms trend strength (optional) Optional: WT1 above overbought threshold Exit Conditions Opposite WaveTrend signal ATR stop loss hit Take profit target hit Optional: trend strength on ADX weakens Optional: momentum reversal detected Risk-Management System Developed specifically with prop-firm challenge rules in mind. Equity Protection Max equity drawdown limit (e.g., 10–15%) Daily loss limit (e.g., 3–5%) Full suspension of trading once limits are hit Sizing Controls Position size shrinks automatically as drawdown increases Minimum size multiplier to maintain controlled exposure Prevents overleveraging during account recovery cycles Stop Loss & Take Profit ATR-based dynamic stop loss Configurable percentage stop loss Configurable take profit with desired R:R ratio Credits Original Indicator: LazyBear Original Script: “WaveTrend Oscillator ” All indicator logic belongs to the original creator. Strategy Conversion & Risk-Management Enhancements: PickMyTrade Team About PickMyTrade PickMyTrade specializes in converting TradingView strategies into fully automated trading systems with live execution across multiple brokers. Supported connections include: Rithmic TradeStation Interactive Brokers TradeLocker ProjectX Tradovate (futures) For automation and execution services: pickmytrade.io pickmytrade.trade Disclaimer This strategy is for educational and informational purposes only. It does not guarantee profits and is not financial advice. Trading involves significant risk. Always test in simulation before trading live. Past results do not guarantee future performance. Slippage, commissions, and execution delay will impact results.
Pine Script® strategy
by pickmytrade_io
1M XAU Cumulative Delta Volume with OB Breakouts ### Overview This is a **session-based CVD strategy** built around the **00:00–07:00 CEST range**. It finds the high/low of that session, turns them into **adaptive ATR-based support (yellow)** and **resistance (purple)** zones, and trades only **CVD-confirmed reversals** off those levels. --- ### How it Works * For each day, the script: * Builds a 00:00–07:00 CEST **profile high/low**. * Creates a **support zone** around the session low and a **resistance zone** around the session high. * Using lower timeframe data, it reconstructs **Cumulative Volume Delta (CVD)** and a **recent delta** filter. * It arms “pending” states when price **enters a zone from the correct side**, then confirms: * **BUY (long):** price reclaims above support and recent CVD is strongly positive. * **SELL (short):** price rejects below resistance and recent CVD is strongly negative. Only these two CVD signals (`buySignal` / `sellSignal`) open trades. --- ### Strategy Logic * **Entries** * `buySignal` → open **long** (if flat). * `sellSignal` → open **short** (if flat). * No pyramiding; one position at a time. * **Exits (only TP & SL)** * Long: TP at `avg_price * (0.5 + TP%)`, SL at `avg_price * (1 – SL%)`. * Short: TP at `avg_price * (0.5 – TP%)`, SL at `avg_price * (1 + SL%)`. * No opposite-signal exits. --- ### Extras * **Reversal markers** on yellow/purple zones and **breakout/retest markers** are plotted for context and alerts but **do not trigger entries**. * Zone width and “thickening” are ATR-based so important touches and near-touches are easy to see. * Only suited for **1m intraday scalping** (e.g. XAU/USD), but can be tested on other markets/timeframes.
Pine Script® strategy
by FredAstaire
Global Macro IndexGlobal Macro Index The Global Macro Index is a comprehensive economic sentiment indicator that aggregates 23 real-time macroeconomic data points from the world's largest economies (US, EU, China, Japan, Taiwan). It provides a single normalized score that reflects the overall health and momentum of the global economy, helping traders identify macro trends that drive asset prices. ⚠️ Important: Timeframe Settings This indicator is designed exclusively for the 1W (weekly) timeframe. The indicator is hardcoded to pull weekly data and will not function correctly on other timeframes. What It Measures The indicator tracks normalized Trend Power Index (TPI) values across multiple economic categories: United States (7 components) Business Confidence Index (BCOI) - Business sentiment and outlook Composite Leading Indicator (CLI) - Forward-looking economic indicators Consumer Confidence Index (CCI) - Consumer sentiment and spending intentions Terms of Trade (TOT) - Import/export price relationships Manufacturing Composite - Combines business confidence, production, and new orders Comprehensive Economic Composite - Broad aggregation including employment, business activity, and regional indicators Business Inventory (BI) - Stock levels and supply chain health European Union (10 components) Sentiment Survey (SS) - Overall economic sentiment Business Confidence Index - EU business outlook Economic Sentiment Indicator (ESI) - Combined confidence metrics Manufacturing Production (MPRYY) - Industrial output year-over-year New Orders - Germany, France, Netherlands, Spain manufacturing orders Composite Leading Indicators - Germany, France forward-looking metrics Business Climate Index (BCLI) - France business conditions Asia (6 components) New Orders - China, Japan, Taiwan manufacturing demand Composite Leading Indicators - China, Japan economic momentum The Formula The indicator calculates a weighted average of normalized TPI scores: Global Macro Index = (1/23) × Σ Each of the 23 economic indicators is: Converted to a Trend Power Index (TPI) using 4-day Bitcoin normalization Weighted equally (1/23 ≈ 4.35% each) Summed and smoothed with a 1-period SMA The result is a single oscillator that ranges typically between -1 and +1, with extreme readings beyond ±0.6. Z-Score Signal System The indicator includes an optional Z-Score overlay that identifies extreme macro conditions: Calculation: Z-Score = (Current Value - 50-period Mean) / Standard Deviation Smoothed with 35-period Hull Moving Average Inverted for intuitive interpretation Signals: Green background (Z-Score ≥ 2) = Extremely positive macro conditions, potential overbought Red background (Z-Score ≤ -2) = Extremely negative macro conditions, potential oversold These extreme readings occur approximately 5% of the time statistically How to Use It Interpreting the Main Plot (Red Line): Above 0 = Positive macro momentum, risk-on environment Below 0 = Negative macro momentum, risk-off environment Above +0.6 = Strong expansion, bullish for equities and crypto Below -0.6 = Severe contraction, bearish conditions Trend direction = More important than absolute level Z-Score Signals: Z ≥ 2 (Green) = Macro sentiment extremely positive, consider taking profits or preparing for pullback Z ≤ -2 (Red) = Macro sentiment extremely negative, potential buying opportunity for contrarians Works best as a regime filter, not precise timing tool Best Practices: Use as a macro regime filter for other strategies Combines well with liquidity indicators and price action Leading indicator for risk assets (equities, Bitcoin, emerging markets) Lagging indicator - confirms macro trends rather than predicting reversals Watch for divergences: price making new highs while macro weakens (bearish) or vice versa (bullish) Settings Show Zscore Signals: Toggle green/red background shading for extreme readings Overlay Zscore Signals: Display Z-Score signals on the price chart as well as the indicator panel Reference Lines 0 (gray) = Neutral macro conditions +0.6 (green) = Strong positive threshold -0.6 (red) = Strong negative threshold Data Sources Real-time economic data from TradingView's ECONOMICS database, including: OECD leading indicators Manufacturing PMIs and new orders Consumer and business confidence surveys Trade and inventory metrics Regional economic sentiment indices Notes This is a macro trend indicator, not a day-trading tool. Economic data updates weekly and reflects the aggregate health of global growth. Best used on weekly timeframes to identify favorable or unfavorable macro regimes for risk asset allocation. The indicator distills complex global economic data into a single actionable score, answering: "Is the global economy expanding or contracting right now?"
Pine Script® indicator
by Unicorpus
Debt-Cycle vs Bitcoin-CycleDebt-Cycle vs Bitcoin-Cycle Indicator The Debt-Cycle vs Bitcoin-Cycle indicator is a macro-economic analysis tool that compares traditional financial market cycles (debt/credit cycles) against Bitcoin market cycles. It uses Z-score normalization to track the relative positioning of global financial conditions versus cryptocurrency market sentiment, helping identify potential turning points and divergences between traditional finance and digital assets. Key Features Dual-Cycle Analysis: Simultaneously tracks traditional financial cycles and Bitcoin-specific cycles Z-Score Normalization: Standardizes diverse data sources for meaningful comparison Multi-Asset Coverage: Analyzes currencies, commodities, bonds, monetary aggregates, and on-chain metrics Divergence Detection: Identifies when Bitcoin cycles move independently from traditional finance 21-Day Timeframe: Optimized for Long-term cycle analysis What It Measures Finance-Cycle (White Line) Tracks traditional financial market health through: Currencies: USD strength (DXY), global currency weights (USDWCU, EURWCU) Commodities: Oil, gold, natural gas, agricultural products, and Bitcoin price Corporate Bonds: Investment-grade spreads, high-yield spreads, credit conditions Monetary Aggregates: M2 money supply, foreign exchange reserves (weighted by currency) Treasury Bonds: Yield curve (2Y/10Y, 3M/10Y), term premiums, long-term rates Bitcoin-Cycle (Orange Line) Tracks Bitcoin market positioning through: On-Chain Metrics: MVRV Ratio (Market Value to Realized Value) NUPL (Net Unrealized Profit/Loss) Profit/Loss Address Distribution Technical Indicators: Bitcoin price Z-score Moving average deviation Relative Strength: ETH/BTC ratio (altcoin strength indicator) Visual Elements White Line: Finance-Cycle indicator (positive = expansionary conditions, negative = contractionary) Orange Line: Bitcoin-Cycle indicator (positive = bullish positioning, negative = bearish) Zero Line: Neutral reference point Interpretation Cycle Alignment Both positive: Risk-on environment, favorable for crypto Both negative: Risk-off environment, caution warranted Divergence: Potential opportunities or warning signals Divergence Signals Finance positive, Bitcoin negative: Bitcoin may be undervalued relative to macro conditions Finance negative, Bitcoin positive: Bitcoin may be overextended or decoupling from traditional finance Important Limitations This indicator uses some technical and macro data but still has significant gaps: ⚠️ Limited monetary data - missing: Funding rates (repo, overnight markets) Comprehensive bond spread analysis Collateral velocity and quality metrics Central bank balance sheet details ⚠️ Basic economic coverage - missing: GDP growth rates Inflation expectations Employment data Manufacturing indices Consumer confidence ⚠️ Simplified on-chain analysis - missing: Exchange flow data Whale wallet movements Mining difficulty adjustments Hash rate trends Network fee dynamics ⚠️ No sentiment data - missing: Fear & Greed Index Options positioning Futures open interest Social media sentiment The indicator provides a high-level cycle comparison but should be combined with comprehensive fundamental analysis, detailed on-chain research, and proper risk management. Settings Offset: Adjust the horizontal positioning of the indicators (default: 0) Timeframe: Fixed at 21 days for optimal cycle detection Use Cases Macro-crypto correlation analysis: Understand when Bitcoin moves with or against traditional markets Cycle timing: Identify potential tops and bottoms in both cycles Risk assessment: Gauge overall market conditions across asset classes Divergence trading: Spot opportunities when cycles diverge significantly Portfolio allocation: Balance traditional and crypto assets based on cycle positioning Technical Notes Uses Z-score normalization with varying lookback periods (40-60 bars) Applies HMA (Hull Moving Average) smoothing to reduce noise Asymmetric multipliers for upside/downside movements in certain metrics Requires access to FRED economic data, Glassnode, CoinMetrics, and IntoTheBlock feeds 21-day timeframe optimized for cycle analysis Strategy Applications This indicator is particularly useful for: Cross-asset allocation - Decide between traditional finance and crypto exposure Cycle positioning - Identify where we are in credit/debt cycles vs. Bitcoin cycles Regime changes - Detect shifts in market leadership and correlation patterns Risk management - Reduce exposure when both cycles turn negative Disclaimer: This indicator is a cycle analysis tool and should not be used as the sole basis for investment decisions. It has limited coverage of monetary conditions, economic fundamentals, and on-chain metrics. The indicator provides directional insight but cannot predict exact timing or magnitude of market moves. Always conduct thorough research, consider multiple data sources, and maintain proper risk management in all investment decisions.
Pine Script® indicator
by Unicorpus
Smart RSI Composite [DotGain]Summary Do you want to know the "True Direction" of the market without getting distracted by noise on a single timeframe? The Smart RSI Composite simplifies market analysis by aggregating momentum data from 10 different timeframes (5m to 12M) into a single, easy-to-read Histogram. Instead of looking at 10 separate charts or dots, this indicator calculates the Average RSI of the entire market structure. It answers one simple question: "Is the market predominantly Bullish or Bearish right now?" ⚙️ Core Components and Logic This indicator works like a consensus mechanism for momentum: Data Aggregation: It pulls RSI values from 10 customizable slots (Default: 5m, 15m, 1h, 4h, 1D, 1W, 1M, 3M, 6M, 12M). All slots are enabled by default. Smart Averaging: It calculates the arithmetic mean of all active timeframes. If the 5m chart is bearish but the Monthly chart is bullish, this indicator balances them out to show you the net result. Histogram Visualization: The result is plotted as a histogram centered around the 50-line (Neutral). 🚦 How to Read the Histogram The histogram bars indicate the aggregate strength of the trend based on the Average RSI: 🟩 DARK GREEN (Strong Bullish) Condition: Average RSI > 60. Meaning: The market is in a strong uptrend across most timeframes. Momentum is firmly on the buyers' side. 🟢 LIGHT GREEN (Weak Bullish) Condition: Average RSI between 50 and 60. Meaning: Slight bullish bias. The bulls are in control, but momentum is not yet extreme. 🔴 LIGHT RED (Weak Bearish) Condition: Average RSI between 40 and 50. Meaning: Slight bearish bias. The bears are taking control. 🟥 DARK RED (Strong Bearish) Condition: Average RSI < 40. Meaning: The market is in a strong downtrend across most timeframes. Momentum is firmly on the sellers' side. Visual Elements Center Line (50): This acts as the Zero-Line. Above 50 is bullish, below 50 is bearish. Zone Lines (30/70): Dashed lines indicate the traditional Overbought/Oversold levels applied to the aggregate average. Key Benefit The Smart RSI Composite acts as a powerful Macro Trend Filter . Pro Tip: Never go long if the Histogram is Dark Red, and avoid shorting when it is Dark Green. Use this tool to align your trades with the overall market momentum. Have fun :) Disclaimer This "Smart RSI Composite" indicator is provided for informational and educational purposes only. It does not, and should not be construed as, financial, investment, or trading advice. The signals generated by this tool (both "Buy" and "Sell" indications) are the result of a specific set of algorithmic conditions. They are not a direct recommendation to buy or sell any asset. All trading and investing in financial markets involves substantial risk of loss. You can lose all of your invested capital. Past performance is not indicative of future results. The signals generated may produce false or losing trades. The creator (© DotGain) assumes no liability for any financial losses or damages you may incur as a result of using this indicator. You are solely responsible for your own trading and investment decisions. Always conduct your own research (DYOR) and consider your personal risk tolerance before making any trades.
Pine Script® indicator
by DotGain
Smart RSI MTF Matrix [DotGain]Summary Are you tired of trading trend signals, only to miss the bigger picture because you are focused on a single timeframe? The Smart RSI MTF Matrix is the ultimate "Cockpit View" for momentum traders. Unlike chart overlays that can sometimes clutter your price action, this indicator organizes RSI conditions across 10 different timeframes simultaneously into a clean, separate Heatmap pane. It monitors everything from the 5-minute chart all the way up to the 12-Month view , giving you a complete X-ray vision of the market's momentum structure instantly. ⚙️ Core Components and Logic The Smart RSI MTF Matrix relies on a sophisticated hierarchy to deliver clear, actionable context: Multi-Timeframe Engine: The script runs 10 independent RSI calculations in the background, organized in rows from bottom (Short Term) to top (Long Term). Classic RSI Thresholds: Overbought (> 70): Indicates price may be extended to the upside. Oversold (< 30): Indicates price may be extended to the downside. Smart Visibility System (The "Secret Sauce"): Not all signals are equal. A 5-minute signal is "noise" compared to a Yearly signal. This indicator automatically applies Transparency to differentiate importance. The visibility increases by 10% for each higher timeframe slot (Row). 🚦 How to Read the Matrix The indicator plots dots in 10 stacked rows. The position and opacity tell you the direction and significance: 🟥 RED DOTS (Overbought Condition) Trigger: RSI is above 70 on that specific timeframe. Meaning: Potential bearish reversal or pullback. 🟩 GREEN DOTS (Oversold Condition) Trigger: RSI is below 30 on that specific timeframe. Meaning: Potential bullish reversal or bounce. ⚪ GRAY DOTS (Neutral) Trigger: RSI is between 30 and 70. Meaning: No extreme momentum present. 👻 TRANSPARENCY (Signal Strength) The visibility of the dot tells you exactly which Timeframe (Row) is triggered. The higher the row, the more solid the color: Faint (10-30% Visibility): Rows 1-3 (5m, 15m, 1h). Used for scalping entries. Medium (40-60% Visibility): Rows 4-6 (4h, 1D, 1W). Used for swing trading context. Solid (70-100% Visibility): Rows 7-10 (1M, 3M, 6M, 12M). Used for identifying major macro cycles. Visual Elements Structure: Row 1 (Bottom) represents the 5-minute timeframe. Row 10 (Top) represents the 12-Month timeframe. Vertical Alignment: If you see a vertical column of Red or Green dots, it indicates Multi-Timeframe Confluence —a highly probable reversal point. Key Benefit The goal of the Smart RSI MTF Matrix is to keep your main chart clean while providing maximum information. You can instantly see if a short-term pullback (Faint Green Dot) is happening within a long-term uptrend (Solid Gray/Red Dot), allowing for precision entries. Have fun :) Disclaimer This "Smart RSI MTF Matrix" indicator is provided for informational and educational purposes only. It does not, and should not be construed as, financial, investment, or trading advice. The signals generated by this tool (both "Buy" and "Sell" indications) are the result of a specific set of algorithmic conditions. They are not a direct recommendation to buy or sell any asset. All trading and investing in financial markets involves substantial risk of loss. You can lose all of your invested capital. Past performance is not indicative of future results. The signals generated may produce false or losing trades. The creator (© DotGain) assumes no liability for any financial losses or damages you may incur as a result of using this indicator. You are solely responsible for your own trading and investment decisions. Always conduct your own research (DYOR) and consider your personal risk tolerance before making any trades.
Pine Script® indicator
by DotGain
[CT] Kurutoga MTF HistogramWhat is Kurutoga MTF Histogram? The Kurutoga MTF Histogram is a multi-time-frame momentum and mean-deviation tool. It measures how far the current close is trading away from a rolling midpoint of price and then displays that deviation as a color-coded histogram. Instead of looking only at one lookback, this version plots three Kurutoga “leads” at the same time: Kurutoga Lead (x1) – base length Kurutoga Lead 2x – slower, 2 × base length Kurutoga Lead 4x – slowest, 4 × base length Each lead is calculated both on the chart’s timeframe (LTF) and on a Higher Time Frame (HTF) of your choice, so you can see short-term deviation inside a higher-time-frame structure. 4-color Kurutoga scheme Each Kurutoga lead uses a 4-color MACD-style scheme: For a given lead: Up Light – divergence ≥ 0 and rising compared to the previous bar Up Dark – divergence ≥ 0 and falling (positive but losing momentum) Down Light – divergence < 0 and falling (bearish momentum increasing) Down Dark – divergence < 0 and rising (negative but contracting) By default the same four teal / red hues are shared across x1, x2, and x4. The only difference between the leads is transparency: x1 = strongest (least transparent) x2 = medium opacity x4 = faintest This lets you see all three layers at once without the chart becoming a solid block of color. The HTF areas use the same palette but with an extra transparency offset applied, so they appear as soft background bands rather than competing with the histograms. Inputs and how to use them 1. Base Length Defines the lookback for the main Kurutoga Lead. The script automatically creates: len1 = baseLength len2 = baseLength × 2 len3 = baseLength × 4 Smaller base lengths → faster, more reactive histograms. Larger base lengths → smoother, trend-focused behavior. 2. Higher Time Frame This is the HTF used for the area plots and HTF midpoints. Examples: 5-minute chart with HTF = 30 or 60 minutes 15-minute chart with HTF = 4H or 1D The idea is to trade on the lower timeframe while seeing how far price is stretched relative to a higher-time-frame range midpoint. 3. Show / Hide toggles Under “Show / Hide” you can independently turn on/off: Kurutoga Lead (x1) Kurutoga Lead 2x Kurutoga Lead 4x HTF Lead, HTF Lead 2x, HTF Lead 4x This lets you: Run only a single Kurutoga if you want a clean panel, or Stack multiple leads for a “multi-speed” view of extension and mean reversion. 4. Color Scheme (4-color Kurutoga) Up Light / Up Dark / Down Light / Down Dark – base hues used for every lead. Lead opacity (x1, 2x, 4x) – sets how strong or faint each lead appears. x1 is usually your primary “trading speed.” x2 and x4 can be faded so they act as context. Extra transparency for HTF areas – additional opacity applied on top of each lead’s opacity when drawing HTF areas. This keeps the HTF layer subtle. You can fine-tune the exact teal/red values here to match your personal palette. Practical reading & trade ideas Trend alignment When all three Kurutoga leads (x1, 2x, 4x) are above zero, price is trading above its rolling mid-range on multiple speeds → bullish environment. When all three are below zero, you have a multi-speed bearish environment. Mixed readings (e.g., x1 above zero, x4 below zero) can signal transition or mean-reversion areas. Momentum vs exhaustion Up Light / Down Light (light colors) show momentum expanding in that direction. Up Dark / Down Dark (dark colors) show momentum contracting – price still on that side of zero, but the push is weakening. After a run of Up Light bars, a shift to Up Dark may hint at a stall or pullback. After a run of Down Light bars, a shift to Down Dark may hint at short covering / bounce potential. Multi-time-frame confluence Use the HTF areas as a backdrop: If LTF Kurutoga leads are above zero while the HTF area is also positive (and ideally expanding), that’s strong bullish alignment. If LTF leads are trying to flip up while HTF divergence is still deeply negative, you may be looking at a counter-trend bounce rather than a true trend change. Example setups Trend-following entries: Look for x2 & x4 leads on the same side of zero as the HTF area, then use x1 color shifts (from Down Dark → Up Light or vice versa) to fine-tune entries in the direction of that higher-time-frame bias. Mean-reversion fades: Watch for extreme Kurutoga values where x1/x2 are strongly extended beyond zero while color flips from Light to Dark (momentum stalling) against an opposing HTF backdrop . Notes The indicator is non-directional by itself – it measures distance from a rolling midpoint rather than trend structure or order flow. It works best when combined with your existing price action/trend tools (moving averages, HLBO, structure zones, etc.). Because HTF values are brought down via request.security, choose HTF settings that make sense for your product and session (for example, don’t use very high HTFs on thin intraday markets). Use the Kurutoga MTF Histogram as a visual scanner for extension, momentum regime, and multi-speed alignment, then layer your own entry/exit rules on top.
Pine Script® indicator
by ChaosTrader63
Predictive Analysis Engine — Adaptive MACD Forecasting with R² SProfessional and Rule-Compliant Description (Ready for Publishing) This description explains every component of the script in detail, highlights its originality, and provides traders with clear usage instructions — exactly what TradingView expects. Predictive Analysis Engine (PAE) This script is a predictive analysis model that combines trend filtering, linear forecasting, stability analysis (R²), and outlier filtering using ATR to produce an advanced, leading-style version of MACD rather than a traditional lagging one. The indicator does not rely on random elements; it is built on four core components that work together: 1. Stability Measurement Using R² The coefficient of determination (R²) is calculated based on the correlation between price and time, then normalized to a 0–1 scale. A higher R² indicates more stable price movement, allowing the script to increase forecast accuracy. Here, R² acts as a primary component of the Confidence Filter. 2. Forecasted Price Using Linear Regression Instead of relying solely on the current price, the script uses: Linear Regression Weighted blending between the forecasted price and actual price This enables the script to build a Leading MACD based on an “advanced” price that anticipates probable movement. 3. Advanced MACD With Adaptive Smoothing MACD is applied to the blended (real + forecasted) price using: Fast EMA Slow EMA MACD base Optional TEMA for reducing signal lag Adjustable histogram smoothing This process makes MACD more responsive with significantly less lag, reacting faster to predicted movements. 4. Predictive MACD (Projected MACD) Linear Regression is applied again — but this time to: MACD Signal Histogram to generate projected versions of each line (proj_macd, proj_signal), while proj_hist is used to produce early signals before the actual crossover occurs. 5. Volatility Filtering Using ATR & Volatility Ratio ATR is used to evaluate: Strength of movement Overextension levels Signal quality ATR is combined with R² to compute: Confidence = R² × Volatility Ratio This suppresses weak signals and boosts high-quality, reliable ones. 6. Predictive Signals + Safety Filters A signal is triggered when: proj_hist crosses the 0 level Confidence exceeds the required threshold The real histogram is not excessively stretched (extra safety) The script includes: BUY / SELL BUY_STRONG / SELL_STRONG based on the smoothed histogram trend. 7. Coloring, Background & Visual Enhancements The script colors: The histogram Chart background Signal lines to clearly highlight momentum direction and confidence conditions. 8. Built-In Alerts The script provides ready-to-use alerts: BUY Alert SELL Alert Both based on the predictive MACD model. How to Use the Script Add it to any timeframe and any market. BUY/SELL signals are generated from the projected histogram crossover. Higher Confidence = stronger signal. Background colors help visualize trend transitions instantly. Recommended to combine with support/resistance or price action. Indicator Objective This script is designed to deliver early insight into momentum shifts using a blend of: Linear forecasting Trend stability via R² Signal quality filtering via ATR A fast and adaptive advanced MACD
Pine Script® indicator
by oqba
Smart RSI MTF [DotGain]Summary Are you tired of constantly switching between timeframes to check the RSI, only to miss the bigger picture? The Smart RSI MTF (Multi-Timeframe) is designed to solve this exact problem. It is a streamlined chart overlay that monitors RSI conditions across up to 10 different timeframes simultaneously —from the 1-minute chart all the way up to the Monthly view. This indicator removes the need for multiple open tabs and declutters your analysis by plotting signals directly on your main chart using a smart "visual hierarchy" system based on transparency. ⚙️ Core Components and Logic The Smart RSI MTF relies on a sophisticated 3-layer logic to deliver clear, actionable context: Multi-Timeframe Engine: The script runs 10 independent RSI calculations in the background. It checks standard intervals (5m, 15m, 1h, 4h, Daily, Weekly, Monthly) to ensure you never miss a momentum extreme on any scale. Classic RSI Thresholds: Overbought (> 70): Indicates price may be extended to the upside. Oversold (< 30): Indicates price may be extended to the downside. Smart Visibility System (The "Secret Sauce"): Not all signals are equal. A 5-minute Overbought signal is "noise" compared to a Weekly Overbought signal. This indicator automatically applies Transparency to differentiate importance: Minutes = High Transparency (Faint). Hours = Medium Transparency. Days/Weeks/Months = No Transparency (Solid/Bold). 🚦 How to Read the Indicator The indicator plots shapes (Labels by default) directly above or below the candles. The appearance tells you the direction and the timeframe significance: 🟥 RED SIGNALS (Overbought Condition) Trigger: RSI is above 70 on a specific timeframe. Location: Placed above the candle bar. Meaning: Potential bearish reversal or pullback. 🟩 GREEN SIGNALS (Oversold Condition) Trigger: RSI is below 30 on a specific timeframe. Location: Placed below the candle bar. Meaning: Potential bullish reversal or bounce. 👻 TRANSPARENCY (Signal Strength) Faint/Ghostly: The signal comes from a lower timeframe (e.g., 5m, 15m). Use for scalping or entry timing. Solid/Bright: The signal comes from a major timeframe (e.g., Daily, Weekly). Use for swing trading and identifying major market turns. Visual Elements Symbol Shapes: Fully customizable (Label, Diamond, Circle, Triangle, etc.) via settings. Stacking: If multiple timeframes trigger at once, symbols will overlay, creating a visually denser and darker color, indicating Confluence . Key Benefit The goal of the Smart RSI MTF is to help traders instantly spot Confluence . When you see a faint short-term signal align with a solid long-term signal, you have identified a high-probability reversal zone without leaving your chart. Have fun :) Disclaimer This "Smart RSI MTF" indicator is provided for informational and educational purposes only. It does not, and should not be construed as, financial, investment, or trading advice. The signals generated by this tool (both "Buy" and "Sell" indications) are the result of a specific set of algorithmic conditions. They are not a direct recommendation to buy or sell any asset. All trading and investing in financial markets involves substantial risk of loss. You can lose all of your invested capital. Past performance is not indicative of future results. The signals generated may produce false or losing trades. The creator (© DotGain) assumes no liability for any financial losses or damages you may incur as a result of using this indicator. You are solely responsible for your own trading and investment decisions. Always conduct your own research (DYOR) and consider your personal risk tolerance before making any trades.
Pine Script® indicator
by DotGain
Nuh's Stochastic + Structure 1.0Nuh's Stochastic + Structure 1.0 is an advanced momentum–structure fusion indicator designed to identify high-probability reversal and continuation zones using a multi-layer confirmation engine. The script combines enhanced Stochastic analysis, market structure detection (HH/HL/LH/LL), divergence tracking, volume spikes, higher-timeframe trend alignment, and extreme-duration filters to deliver highly reliable buy/sell signals. Each signal is dynamically scored for strength, and a compact one-line trend panel provides real-time market state at a glance. Colors and visual elements follow a clear and intuitive hierarchy optimized for fast decision-making. Ideal for crypto, indices, and forex traders who want precision entries with minimal noise.
Pine Script® indicator
by nuhkoc1960
Order Flow AnalysisOrder Flow Pressure Suite — Wick, Volume & Absorption-Based Pressure Map This indicator builds a composite buying/selling pressure score from candle structure, volume behavior, and absorption signals. It is designed to infer the “intent” behind price moves by looking at how candles form, where they close, and how volume behaves — even without access to true bid/ask or footprint data. Core Concepts Wick-to-Body Analysis The script evaluates the ratio of upper and lower wicks to the total candle range. Strong wicks with relatively small bodies are treated as rejections : Long upper wick → potential selling pressure / rejection of higher prices Long lower wick → potential buying pressure / rejection of lower prices Close Position Analysis The close is normalized within the candle range: Close near the high → bullish pressure Close near the low → bearish pressure Close near the middle → more neutral , context taken from wicks and volume Volume Delta Estimation Since true bid/ask data is not available on standard charts, the script estimates “volume delta” by distributing total volume between buyers and sellers based on candle characteristics: Bull candles receive more “buying volume,” weighted toward closes near the high Bear candles receive more “selling volume,” weighted toward closes near the low This is an approximation of order flow, not a direct time & sales feed. Absorption Detection The script looks for candles where volume is high but price movement is relatively small . This combination often suggests: Bullish absorption → buyers absorbing aggressive selling (potential accumulation) Bearish absorption → sellers absorbing aggressive buying (potential distribution) Absorption zones are tracked over a configurable lookback and can be shaded in the background. Composite Pressure Oscillator All the above components (wicks, close position, heuristic volume delta, absorption bias) are blended into a single pressure score : Values > 0 → net buying pressure Values < 0 → net selling pressure The raw score is smoothed with an EMA to reduce noise and create a cleaner oscillator line. Divergence Detection The indicator compares price pivots to pressure pivots: Bullish divergence : price makes a lower low while pressure makes a higher low Bearish divergence : price makes a higher high while pressure makes a lower high These conditions can help highlight potential exhaustion or hidden participation from larger players. Visual Elements Histogram showing the intensity of buying/selling pressure Color-coding for increasing vs. decreasing pressure Background shading for detected absorption zones Status table summarizing current pressure, trend bias, volume delta, wick signal, and absorption state in real time How To Use Use the pressure oscillator to gauge whether the current bar sequence is dominated by buyers or sellers. Strong positive readings may indicate sustained buying pressure; strong negatives may indicate sustained selling pressure. Watch for divergences between price and the pressure oscillator around key levels, swings, or zones you already care about. Use absorption zones and wick rejection signals as additional context around support/resistance, breakouts, or failed moves. Treat all signals as context and confluence , not as stand-alone trade entries or exits. This tool is best used alongside your existing price action, volume, and risk management framework. Important Notes & Limitations This script does not access real bid/ask, footprint, or order book data . All volume delta and absorption interpretations are heuristic estimates derived from OHLCV candles. Signals are probabilistic , not guarantees. They can be early, late, or outright wrong in fast or low-liquidity markets. Always validate signals with your own analysis, timeframe alignment, and risk management. This indicator is intended as an analytical tool , not financial advice.
Pine Script® indicator
by kingthies
Abacus Community Williams %R + Bollinger %B📌 Indicator Description (Professional & Clear) Williams %R + Bollinger %B Momentum Indicator (ThinkOrSwim Style) This custom indicator combines Williams %R and Bollinger %B into a single, unified panel to provide a powerful momentum-and-positioning view of price action. Modeled after the ThinkOrSwim version used by professional traders, it displays: ✅ Williams %R (10-period) – Yellow Line This oscillator measures the market's position relative to recent highs and lows. It plots on a 0% to 100% scale, where: 80–100% → Overbought region 20–0% → Oversold region 50% → Momentum equilibrium Williams %R helps identify exhaustion, trend strength, and potential reversal zones. ✅ Bollinger %B (20, 2.0) – Turquoise Histogram Bars %B shows where price is trading relative to the Bollinger Bands: Above 50% → Price is in the upper half of the band (bullish pressure) Below 50% → Price is in the lower half (bearish pressure) Near 100% → Price pushing upper band (possible breakout) Near 0% → Price testing lower band (possible breakdown) The histogram visually represents momentum shifts in real time, creating a clean profile of volatility and strength. 🎯 Why This Combination Works Together, Williams %R and Bollinger %B reveal: Momentum direction Overbought/oversold conditions Volatility compression & expansion Trend continuation vs reversal zones High-probability inflection points Williams %R shows oscillation and exhaustion, while %B shows pressure inside volatility bands. The combination helps identify whether momentum supports the current trend or is weakening. 🔍 Use Cases Detect early trend reversals Validate breakouts and breakdowns Spot momentum failure in price extremes Confirm pullbacks and continuation setups Time entries and exits with higher precision 💡 Best For Swing traders Momentum traders Trend-followers Options traders (for timing premium decay or volatility expansion)
Pine Script® indicator
by gadielvasquez1988
Squeeze Momentum Strategy [PickMyTrade]Squeeze Momentum Strategy Overview This strategy is a complete trading system built upon John Carter's renowned "TTM Squeeze" momentum indicator, as featured in his book "Mastering the Trade". The PickMyTrade team has transformed this popular indicator into a fully automated strategy with an additional trend filter for improved accuracy. What Makes This Different? While the original TTM Squeeze indicator helps identify volatility contractions and momentum direction, our strategy adds a critical enhancement: 50-Period MA Trend Filter – We only take trades in the direction of the dominant trend: Long trades: Only when momentum crosses above zero AND price is above the 50 MA Short trades: Only when momentum crosses below zero AND price is below the 50 MA This simple addition helps filter out counter-trend signals and improves the win rate significantly. How It Works The Squeeze Detection Black crosses = Squeeze is ON (Bollinger Bands compressed inside Keltner Channel) – Market is coiling, preparing for a breakout Gray crosses = Squeeze is OFF – Volatility is normal Blue crosses = No Squeeze condition Momentum Histogram Green/Lime bars = Bullish momentum (above zero) Red/Maroon bars = Bearish momentum (below zero) Color intensity shows momentum strength increasing/decreasing Entry Signals Long Entry (Green Triangle): Momentum crosses above zero + Price > 50 MA Short Entry (Red Triangle): Momentum crosses below zero + Price < 50 MA Key Features Automatic position management (closes opposite positions before new entries) Visual entry markers on chart Histogram color-coding for quick momentum assessment Trend filter to avoid choppy, counter-trend trades Prop firm friendly (conservative approach) Works on all timeframes Recommended Settings Timeframes: 15M, 1H, 4H, Daily (higher timeframes produce more reliable signals) Markets: Works best on trending markets (Forex, Crypto, Stocks, Indices) Risk Management: Default 10% of equity per trade – adjust based on your risk tolerance Input Parameters BB Length (20): Bollinger Bands calculation period BB MultFactor (2.0): Bollinger Bands standard deviation multiplier KC Length (20): Keltner Channel calculation period KC MultFactor (1.5): Keltner Channel ATR multiplier Use TrueRange: Use True Range for KC calculation (recommended: ON) MA Filter Length (50): Trend filter moving average period Usage Tips Wait for the squeeze release (first gray cross after black crosses) for the most explosive moves Combine with higher timeframe confirmation for better trade quality Consider exit strategies: Exit when histogram changes color OR use fixed stop-loss/take-profit Best on trending markets: Avoid ranging/choppy conditions Credits Original TTM Squeeze concept: John Carter ("Mastering the Trade") Strategy enhancement & development: PickMyTrade Team About PickMyTrade Strategy Automation: If you like automation, you can use pickmytrade.io for automating your stock, crypto, futures, and options trading Supported brokers: Rithmic, TradeStation, TradeLocker, Interactive Brokers, ProjectX For Tradovate broker automation, visit pickmytrade.trade Transform your TradingView strategies into fully automated trading systems with real-time execution. Disclaimer This strategy is for educational purposes. Past performance does not guarantee future results. Always practice proper risk management and test thoroughly on a demo account before live trading. Developed by PickMyTrade Team
Pine Script® strategy
by pickmytrade_io
Tactical Deviation🎯 TACTICAL DEVIATION - Volume-Backed VWAP Deviation Analysis What Makes This Different? Unlike basic VWAP indicators, Tactical Deviation combines: • Multi-timeframe VWAP deviation bands (Daily/Weekly/Monthly) • Volume spike intelligence - signals only appear with volume confirmation • Pivot reversal detection at deviation extremes • Optional multi-VWAP confluence system • Smart defaults for quality over quantity This unique combination filters weak setups and identifies high-probability entries at extreme price deviations from fair value. 📊 DEFAULT SETTINGS (Ready to Use) ✅ Daily VWAP with ±2σ deviation bands ✅ Volume spike detection (1.5x average required) ✅ 2σ minimum deviation for signals ❌ Weekly/Monthly VWAPs (enable for multi-timeframe) ❌ Pivot reversal requirement (enable for stronger signals) ❌ Fill zones (optional visual enhancement) Why: Daily VWAP is most relevant for intraday trading. 2σ bands catch meaningful moves. Volume spikes ensure conviction. Clean chart focuses on what matters. 🚀 HOW TO USE BASIC USAGE: • Green triangles (below bars) = Long signals at oversold deviations • Red triangles (above bars) = Short signals at overbought deviations SIGNAL QUALITY: • Normal size, bright colors = Volume spike (best quality) • Small size, lighter colors = Volume momentum • Tiny size = No volume confirmation DEVIATION ZONES: • ±2σ = Extreme deviation (signals appear here) • ±1σ to ±2σ = Extended but not extreme • Within ±1σ = Normal range TRADING APPROACHES: Mean Reversion: → Enter when price reaches ±2σ with volume spike → Target: Return to VWAP or opposite band → Stop: Beyond extreme deviation Trend Continuation: → Use bands to identify pullbacks → Enter pullback to VWAP in trending market → Volume confirms continuation Reversal Trading: → Enable "Require Pivot Reversal" for stronger signals → Signals only when deviation + pivot reversal occur → Higher probability, fewer signals ⚙️ EXPLORE SETTINGS FOR FULL USE VWAP SETTINGS: • Show Weekly/Monthly VWAP = Multi-timeframe context • Show ±1σ Bands = Normal deviation range • Show ±3σ Bands = Extreme extremes (rare but powerful) SIGNAL SETTINGS: • Min Deviation: 1σ (more signals) | 2σ (default) | 3σ (fewer, extreme only) • Require Pivot Reversal: OFF (default) | ON (stronger but fewer) • Volume Spike Threshold: 1.5x (default) | 2.0x+ (major spikes) | 1.2x (more signals) CONFLUENCE SETTINGS: • Require Multi-VWAP Confluence: OFF (default) | ON (2+ VWAPs must agree) • Min VWAPs: 2 (Daily + Weekly/Monthly) | 3 (all must agree) VISUAL SETTINGS: • Show Fill Zones = Shaded areas between bands • Fill Opacity = Transparency adjustment • Line Widths = Customize thickness 💡 PRO TIPS 1. Start with defaults, then enable features as you learn 2. Volume spike requirement filters weak moves - keep it enabled 3. Enable Weekly/Monthly VWAPs for higher timeframe context 4. Enable confluence for swing trading setups 5. Pivot reversals: ON for reversals, OFF for continuations 6. Check top-right info table for current deviation levels 🎨 VISUAL GUIDE • Cyan Line = Daily VWAP (fair value) • Cyan Bands = Daily deviation zones • Orange Line = Weekly VWAP (if enabled) • Purple Line = Monthly VWAP (if enabled) • Green Triangle = Long signal (oversold) • Red Triangle = Short signal (overbought) ⚠️ IMPORTANT Educational purposes only. Always use proper risk management. Signals are based on statistical deviation, not guarantees. Volume confirmation improves quality but doesn't guarantee outcomes. Combine with your own analysis. The unique combination of VWAP deviation analysis, volume profile confirmation, pivot identification, and multi-timeframe confluence in a single clean interface makes Tactical Deviation different from basic VWAP indicators. Happy Trading! 📈
Pine Script® indicator
by RickyTSpanish
Average Directional Index infoAverage Directional Index (ADX) is a technical indicator created by J. Welles Wilder that measures trend strength (not direction!). Values range from 0 to 100. This indicator is a supplementary tool for assessing whether trend strategies are worthwhile, monitoring changes in trend strength and avoiding weak, choppy movements Value Interpretation: 0-25: Weak trend or sideways market 25-50: Moderate to strong trend 50-75: Very strong trend 75-100: Extremely strong trend (rare) Important: ADX does not indicate trend direction (up/down), only its strength! This script indicator includes additional features: 1. ADX Plot (purple line) Basic ADX value showing current trend strength. 2. ADX Trend Analysis (arrows) The script compares current ADX with its 10-period moving average with ±5% tolerance: ↑ (green): ADX rising → trend strengthening ↓ (red): ADX falling → trend weakening ⮆ (gray): ADX stable → trend strength unchanged 3. Information Table Displays current ADX value with trend arrow in the top-right corner. Parameters to Configure Smoothing (default: 14) - Indicator smoothing period Lower values (e.g., 7): more sensitive, more signals Higher values (e.g., 21): more stable, less noise Indicator Length (default: 14) - Period for calculating directional movement (+DI/-DI) Wilder's standard value is 14 Trend Length (default: 10) - Period for moving average to analyze ADX dynamics Determines how quickly changes in trend strength are detected Practical Application ✅ Strategy 1: Trend Strength Filter 1. ADX > 25 → look for positions aligned with the trend 2. ADX < 25 → avoid trend strategies, consider oscillators ✅ Strategy 2: Entries on Strengthening Trend 1. ADX crosses above 25 + arrow ↑ → trend gaining momentum 2. Combine with other indicators (e.g., EMA) for direction confirmation ✅ Strategy 3: Exhaustion Warning 1. ADX > 50 + arrow ↓ → strong trend may be exhausting 2. Consider profit protection or trailing stop
Pine Script® indicator
by Jawortrader
Momentum Tide [Alpha Extract]A sophisticated momentum-based trend identification system that measures normalized price deviation from an EMA baseline using ATR scaling and hyperbolic tangent smoothing for precise trend state classification. Utilizing advanced signal processing with configurable neutral bands and slope sensitivity adjustments, this indicator delivers institutional-grade momentum analysis with continuous strength measurement and visual trend confirmation. The system's three-state classification (bullish, bearish, neutral) combined with dynamic color intensity scaling provides comprehensive market momentum assessment across varying volatility conditions. 🔶 Advanced Baseline Deviation Framework Implements EMA-based baseline calculation with ATR-normalized deviation measurement to create volatility-adjusted momentum signals. The system calculates raw price deviation from the baseline, scales by ATR and slope sensitivity factor, then applies exponential smoothing for stable signal generation with reduced noise and false transitions. // Core Momentum Calculation Baseline = ta.ema(close, Baseline_Length) ATR_Value = ta.atr(ATR_Length) Raw_Deviation = (close - Baseline) / (ATR_Value * Slope_Scaler) Signal = ta.ema(Raw_Deviation, Signal_Smoothing) 🔶 Hyperbolic Tangent Normalization Engine Features sophisticated tanh transformation that clamps raw deviation signals into normalized -1 to +1 range for consistent interpretation across all market conditions. The system applies safe exponential calculations with value capping to prevent overflow while maintaining signal sensitivity, creating bounded momentum readings suitable for systematic threshold analysis. // Tanh Normalization Clamped_Signal = tanh(Signal) // Bounded to Strength = abs(Clamped_Signal) // Momentum intensity 🔶 Three-State Classification System Implements intelligent trend state determination using configurable neutral band thresholds to reduce whipsaw signals during ranging conditions. The system classifies market as bullish (+1) when momentum exceeds upper neutral band, bearish (-1) below lower neutral band, and neutral (0) within the band, providing clear directional bias with built-in consolidation recognition. 🔶 Dynamic Color Intensity Architecture Provides advanced visual feedback through momentum strength-based color intensity modulation, where stronger trends display more opaque colors and weaker trends show increased transparency. The system dynamically adjusts color alpha values based on absolute momentum strength, creating intuitive visual representation of trend conviction across baseline, candles, and bars. 🔶 Trend Strength Meter Visualization Features innovative horizontal gradient meter displaying real-time momentum position across bear-to-bull spectrum with 24-segment resolution. The system creates smooth color transitions from bearish red through neutral gray to bullish green, with arrow indicator showing precise momentum location for instant trend strength assessment without cluttering the price chart. 🔶 Intelligent Flip Detection System Generates transition markers when trend state changes from neutral/bearish to bullish or neutral/bullish to bearish, with duplicate signal suppression to prevent marker clustering. The system tracks previous signal states and only plots new markers on genuine trend reversals, providing clean entry signal visualization for systematic trading approaches. snapshot 🔶 Configurable Neutral Band Framework Implements adjustable neutral zone width using ATR percentage parameters to optimize signal frequency for different trading styles and market conditions. Wider bands reduce flip frequency for position trading while tighter bands increase sensitivity for active trading strategies, enabling customization without code modification. 🔶 Slope Sensitivity Adjustment Features slope scaler parameter that modulates ATR normalization factor, controlling signal smoothness versus responsiveness trade-off. Higher values create smoother momentum readings with fewer transitions while lower values increase snappiness for faster reaction to price changes, allowing optimization across different volatility regimes and timeframes. 🔶 Comprehensive Visual Integration Provides multi-dimensional trend visualization through color-coded baseline overlay, momentum-synchronized candle coloring, and bar color modification with configurable display toggles. The system includes optional flip markers and strength meter with position control for complete chart integration without visual overload. 🔶 Performance Optimization Framework Utilizes efficient calculation methods with optimized table management for strength meter updates and minimal computational overhead for real-time momentum processing. The system includes intelligent state tracking and safe mathematical operations to prevent errors during extreme market conditions while maintaining consistent performance. 🔶 Why Choose Momentum Tide ? This indicator delivers sophisticated momentum-based trend analysis through normalized deviation measurement and intelligent three-state classification. Unlike traditional momentum oscillators that operate in separate windows, Momentum Tide integrates directly with price action through baseline overlay and candle coloring while providing the analytical depth of bounded momentum measurement. The system's combination of tanh normalization, configurable neutral bands, dynamic color intensity, and innovative strength meter makes it essential for traders seeking adaptive trend-following approaches with clear visual feedback across cryptocurrency, forex, and equity markets. The three-state system naturally filters ranging periods while the momentum strength measurement enables position sizing and confidence assessment for systematic trading strategies.
Pine Script® indicator
by AlphaExtract
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