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Moving Averages

Advanced Trend Panel v3.0Advanced Trend Panel v3.0 is a comprehensive indicator that analyzes market trends across multiple timeframes. It combines long-term and short-term EMAs, ADX for trend strength, RSI, Volume Profile (POC), and volume comparisons. The script calculates trend duration (in bars or time units) and provides a higher-timeframe forecast for context. All data is displayed in a customizable table with adjustable position and text size. Key Features: - Long/Short Trend States with Duration - Trend Strength via ADX - Price vs. POC - RSI Overbought/Oversold - Volume Analysis - Higher TF Trend Forecast - Optional Plots for EMAs and POC Line Customize inputs to fit your strategy. This script is for educational purposes and not financial advice. Use at your own risk.
Pine Script® indicator
by TiamatCrypto
Jitendra MTF AIO Technical + Trend Analysis ▲▼Summary of “Jitendra MTF AIO Technical + Trend Analysis ▲▼ 🔍 Purpose This script is a multi-timeframe (MTF) technical analysis dashboard that displays multiple indicators, trends, divergences, and volume signals in a dynamically structured table format on the chart. It also overlays key EMAs and optionally Bollinger Bands. How It's useful or How Can You Change Setting drive.google.com How to Analysis Data For Bullish & Bearish Trade GREEN Background Shows Positive Crossover and RED Background Shows Negative Crossover If LTP Above VWAP, it will show value with GREEN Background else RED Background If MACD Line Above Signal line it will show GREEN Background or MACD Line Below Signal line it will show RED Background Data Positive/negative value Value help us to find its above Zero or Below Zero Line ▲ = MACD rising, ▼ = MACD falling show current value is improving or losing as compare to prev value RSI Data Value with Background Color to Find in Which Time Frame it is in High Strength RSI Above 60 Show value with AQUA Color 🟦 RSI Between 40-60 Show value with GREEN Color 🟩 RSI Below 40 Show value with RED Color 🟥 ADX ,+DI, -DI Color > 25 🟦 color.aqua Strong trend (bullish or bearish) 18–25 🟩 color.green Moderate trend (developing trend) < 18 🟥 color.red Weak or no trend (sideways/consolidation) Types of Divergence Detected ✅ Bullish Divergence Price makes lower low, RSI makes higher low "✔ Bullish" ❌ Bearish Divergence Price makes higher high, RSI makes lower high "✔ Bearish" ✅ Hidden Bullish Divergence Price makes higher low, RSI makes lower low "✔Bullish RD" ❌ Hidden Bearish Divergence Price makes lower high, RSI makes higher high "✔Bearish RD" ⚪ None No divergence detected "-" Table EMA Color Coding Price > EMA 🟩 Green Bullish (price above EMA) Price < EMA 🟥 Red Bearish (price below EMA) Volume Matrix Description Volume Actual volume for the candle 20 SMA Volume 20-period simple moving average of volume (avg vol) Volume % Rise % difference of current volume vs 20 SMA volume Volume > SMA Volume 🟢 Green Bullish / high interest Volume < SMA Volume 🔴 Red Low interest Bollinger Band If Band is Challenged Upside with RSI value Above 60+ And ADX above 20 it is in High Bullish Momentum , if 1 Higher Timeframe also supporting such value If Band is Challenged Downside with RSI value Below 40 And ADX above 20 it is in High Bearish Momentum , if 1 Higher Timeframe also supporting such value Stochastic Oscillator Stochastic Oscillator is a momentum indicator comparing the current closing price to a range of its prices over a specific period. It indicates overbought and oversold conditions. For Perfect Entry in Bullish Trade If Higher TF Stochastic in oversold zone and doing Positive crossover, and also lower TF Stochastic will do positive crossover it will give High Probability Uptrend Entry For Perfect Entry in Bearish Trade If Higher TF Stochastic in Bought zone and doing Negative crossover, and also lower TF Stochastic will do Negative crossover it will give High Probability Uptrend Entry %K (Fast): Measures current close vs the high-low range over the last 14 bars. %D (Slow): 3-period SMA of %K. %K above %D will show GREEN background %K below %D will show RED background Low Value, below 20 with GREEN background means it just done Positive Cross over from oversold zone High Value with RED background means it just done negative Cross over from oversold zone ======== COMMUNICATIVE SHORT DESCRIPTION OF ALL INDICATOR========= TF Timeframe label (e.g., CurTF, 1h, 4h, D, W, M) VWAP Value of VWAP; green = price above, red = price below MACD MACD Line Value Trend ▲ = MACD rising, ▼ = MACD falling MACD Hist MACD Histogram value (if enabled) RSI RSI Value with background color showing strength RSI▲▼ ▲ = RSI rising, ▼ = RSI falling ADX ADX strength (trend strength, colored) ADX▲▼ ▲ = ADX rising, ▼ = falling +DI Positive Directional Indicator +DI▲▼ ▲/▼ for DI+ trend -DI Negative Directional Indicator -DI▲▼ ▲/▼ for DI- trend Div RSI divergence type: Bullish, Bearish, Hidden, or None (✔ or -) EMA5 EMA5 value; green = price above, red = price below EMA21 EMA21 value (same color logic as above) EMA50 EMA50 value (same logic) Cross ▲ = EMA5 > EMA21, ▼ = EMA5 < EMA21 Stoch %K %K value; green = K > D, red = K < D Vol Volume for that TF; green = above avg, red = below avg AvgVOL20 20 SMA of volume %Vol Chng % Change in volume from its 20 SMA; green = rising, red = falling ======================================================== 📊 Core Features & Code used to Fetch Calculate Data Using request.security() to fetch data from different timeframes ✅ Indicator Plotting on Chart EMA 1 & EMA 2: Plotted as overlays with customizable lengths and toggle. Bollinger Bands: Optional plotting of upper, lower, and basis lines. 🧮 Multi-Timeframe Support Supports analysis for: Current Timeframe (optional) 1H, 4H, Daily, Weekly, and Monthly (customizable & optional) 📈 Indicators Displayed per Timeframe Each selected timeframe row shows the following (based on toggles): ➤ VWAP Status Price above or below VWAP with color indication vwapVal = ta.vwap(hlc3) vwapColor = close > vwapVal ? color.green : color.red ➤ MACD MACD value Optional MACD Trend Arrow (▲/▼) Optional MACD Histogram = ta.macd(close, 12, 26, 9) macdColor = macdLine > signalLine ? color.green : color.red ➤ RSI RSI value with dynamic background color (green, aqua, red) Optional RSI arrow (based on RSI momentum direction) rsi = ta.rsi(close, 14) rsiColor = rsi > 70 ? color.red : rsi < 30 ? color.green : color.gray rsiArrow = rsi > rsi ? "▲" : rsi < rsi ? "▼" : "-" rsiArrowColor = rsi > rsi ? color.green : rsi < rsi ? color.red : color.gray ➤ ADX ADX value with strength-based coloring Optional ADX trend arrow ➤ +DI / -DI Directional movement values with optional trend arrows ad = ta.adx(14) adxColor = ad > 25 ? color.aqua : ad >= 18 ? color.green : color.red ➤ RSI Divergence Detects and displays: Regular Bullish / Bearish Divergence Hidden Bullish / Bearish Divergence isBullishDiv = (low < low ) and (rsi > rsi ) isHiddenBullDiv = (low > low ) and (rsi < rsi ) ➤ EMA Status Displays EMA 1/2/3 value Shows whether price is above (green) or below (red) Optionally displays EMA1 vs EMA2 crossover as ▲ / ▼ ema = ta.ema(close, length) emaColor = close > ema ? color.green : color.red crossSymbol = ema5 > ema21 ? "▲" : ema5 < ema21 ? "▼" : "-" ➤ Stochastic %K line with color-coded trend vs %D k = ta.stoch(close, high, low, 14) d = ta.sma(k, 3) stochColor = k > 80 ? color.red : k < 20 ? color.green : color.gray ➤ Volume Matrix Volume 20 SMA Volume % Change in Volume from 20 SMA Backgrounds indicate rising/falling volume trend smaVolume = ta.sma(volume, 20) volRise = ((volume - smaVolume) / smaVolume) * 100 🧠 Modular Settings All features have individual on/off toggles in the input panel. User can also customize: EMA lengths Stochastic smoothing parameters Divergence lookback settings Table position and text size 📐 Dynamic Table Header row and rows per timeframe Column count automatically adjusts based on enabled indicators ~~~~~~~~~~~~~~~~~~~~~~ ------------------------------- Thanks Jitendra ------------------------------- ~~~~~~~~~~~~~~~~~~~~~~
Pine Script® indicator
by radhe396
📊 Bollinger Band Strategy v1.1 首先，衷心感谢昨天支持我 Bollinger Band Strategy v1.0 的八位朋友，来自世界各地的你们让我更加坚信构建这套系统的意义。今天，我顺利完成了 v1.1 的开发，并同步推出了 UI 优化后的 v1.1.2 升级版本。 🚀 本次更新亮点 ✅ RSI 趋势过滤系统 v1.1 加入了 RSI 指标用于方向判断，极大提升了突破信号的准确性。超买区（RSI > 70）背景转为绿色，超卖区（RSI < 30）则为红色，帮助你一眼识别强动能行情与潜在背离。 ✅ 智能“蓄力区”识别（Squeeze） 新增布林带带宽监测机制，当波动性低于阈值时，会显示橙色圆圈，代表市场可能正处于能量压缩状态，即将突破。默认阈值为 11%，适用于日线。 你可以根据所用周期（如 1 小时）灵活调整此值，具体修改参数如下（已用 * 标注）： squeeze_thresh = input.float(11.0, title="Squeeze Threshold (%)") ✅ 假突破识别系统 十字标记逻辑：当上一个K线突破布林带、而当前K线迅速回落时，会显示紫色或蓝色十字，提示潜在假突破或反转信号，辅助你避免被“假动作”诱多/诱空。 💡使用建议 - 周期切换建议：日线为主，中短线可调参数适配 1H/4H（如降低 squeeze 阈值） - 做突破时一定要把多个指标重合对比，如在上涨行情中布林带收窄，价格跌破布林带并显示反转信号，而且突破前高点回调站立，RSI已背离过，这些信号如果同时出现胜率将大大提升。 - 当 布林带收窄 → 价格突破 → RSI 背离 → 回踩站稳前高/前低，且出现突破信号（绿色/红色三角）（用支撑阻力位判断也可以），这是你极可能抓住主升浪/主跌段的黄金时机。 ⚙️ 模型优势 ✅ 过滤震荡区，无动能不进场 ✅ 可视化简洁，兼容币圈、美股、港股、期货等 ✅ 完全开源，支持二次开发，适配多策略系统 ✅ 可无缝扩展 EMA / VWAP / MACD 等指标融合使用 适用场景介绍 这个模型可以用于波段交易，主要多个指标配合建仓。还可以做区间，用加突破信号建仓（紫色和蓝色十字信号）。代码是开源代码，欢迎复制再创作，修改参数可以适用于更多交易场景。 再次感谢所有支持这个项目的朋友，欢迎你加入使用 Bollinger Band Strategy v1.1 的行列，从信号中捕捉趋势，在纪律中积累胜率。 EN⸻ 📢 Bollinger Band Strategy v1.1.2 Release Notes First of all, I want to extend my heartfelt thanks to the eight friends from around the world who supported version 1.0 of the Bollinger Band Strategy. Your encouragement has strengthened my belief in building this system. Today, I’m excited to announce the release of version 1.1, along with an updated and cleaner UI in v1.1.2. ⸻ 🚀 What’s New in This Update ✅ RSI Trend Filter System v1.1 introduces RSI-based directional filtering to significantly improve the accuracy of breakout signals. Background turns green when RSI > 70 (bullish) and red when RSI < 30 (bearish), helping you quickly identify momentum and potential divergence zones. ✅ Smart Squeeze Zone Detection We now track Bollinger Band width in real time. When the bandwidth drops below a certain threshold (default: 11%), an orange dot appears to indicate a low-volatility “squeeze” zone—often a precursor to major breakouts. 👉 You can adjust this threshold depending on your trading timeframe (e.g. 1H or 4H). Use the following line to tweak it: squeeze_thresh = input.float(11.0, title="Squeeze Threshold (%)") ✅ Fake Breakout Reversal Detection The strategy now identifies potential fake breakouts. If the previous candle closed outside the bands but the current one quickly pulls back inside, a purple or blue cross appears—flagging a likely reversal zone and warning against chasing price. ✅ Cleaner Visual Experience You can now choose to hide all visual lines and rely only on key signals and a minimalist top-left value panel—giving you a clean, clutter-free chart. 💡 Usage Tips - Breakout Setup: Watch for the orange dot → wait for RSI confirmation → trade the breakout signal (green/red triangle). - Reversal Setup: A purple or blue cross signals a potential fake breakout and reversal. - Timeframe Recommendations: Best used on the daily chart; adjust squeeze threshold if trading shorter timeframes (1H, 4H, etc). - Confluence is key: Stack signals for better entries—e.g. squeeze zone + breakout + RSI divergence + support/resistance retest. - 📈 When the bands contract → price breaks out → RSI diverges → retest of previous highs/lows → and a breakout signal appears (triangle), you are likely entering a prime move. ⚙️ Strategy Advantages ✅ Filters out choppy zones—no momentum, no entry ✅ Clean visuals, compatible with crypto, stocks, futures, etc. ✅ Fully open-source and modular—ready for integration into complex systems ✅ Easily extendable with EMA, VWAP, MACD, and other popular indicators 🎯 Use Cases - Swing Traders: Ideal for catching strong trend moves after low-volatility consolidation. - Breakout Traders: Detect both clean breakouts and fakeouts for better entries/exits. - Developers: Modular design allows easy integration into your own Pine Script strategy. - Learners: Clear annotations make this script a great learning tool for beginners exploring Pine Script and technical logic. Once again, thank you to everyone who has supported this project. I welcome you to explore Bollinger Band Strategy v1.1, where trend signals meet disciplined execution. Let this tool help you see through noise, spot the move, and trade with clarity.
Pine Script® indicator
by GhostLayer
3
DTC AIO [India] v2.0DTC AIO v2.0 – Advanced Technical Analysis Suite This indicator is a comprehensive dashboard designed specifically for Indian equities, providing traders with a unique blend of trend, volatility, volume, and earnings analytics—all in one panel. Key Features Multi-Timeframe Volatility Tables: Instantly view daily, weekly, and monthly Average Daily Range (ADR) values in a compact, color-coded table. Relative Volume (RVol) Panel: Displays real-time relative volume in crores, helping you spot unusual activity at a glance. Strength Gauge: A proprietary scoring system that quantifies the frequency and magnitude of price bursts, giving you a unique “Strength” score for each symbol. Earnings & Sales Table: Automatically fetches and displays quarterly EPS and sales data, with YoY and QoQ growth, color-coded for clarity. Theme-Aware Design: All tables and overlays adapt to dark or light chart themes for maximum readability. Customizable Watermark: Add your own signature, timeframe, and price change watermark to the chart, with full control over position and color. Sector & Industry Info: Instantly see the symbol’s sector and industry in the main metrics table. How It Works Trend & Volatility: Uses a blend of moving averages (user-selectable type and length) and price/volume patterns to highlight actionable setups. Strength Gauge: Calculates a proprietary score based on the frequency and size of price bursts over multiple lookback periods. This algorithm is unique to this script and not available in open-source alternatives. Relative Volume: Compares current volume to historical averages, displaying the result in crores for Indian market conventions. Earnings Table: Fetches the last four quarters of EPS and sales, automatically calculating and color-coding YoY and QoQ growth. All tables and overlays are locked to price and update in real time. How to Use Add the indicator to your chart. Customize table positions, watermark, and theme via the settings panel. Use the dashboard to quickly assess trend, volatility, strength, and earnings for any Indian equity. Hover over table cells for tooltips and additional information. Why Closed Source? This script is closed-source due to the proprietary nature of the “Strength Gauge” algorithm and the integrated dashboard logic, which are not available in open-source scripts. The unique scoring and visualization methods provide a competitive edge for users. Notes Designed for Indian equities, but can be used on any symbol. All calculations are performed in real time and optimized for performance. For best results, use on daily or higher timeframes. If you have questions or feedback, please use the TradingView comments section.v
Pine Script® indicator
by rohit_trades212
CJ - EMA Cross Scanner EMA Cross Scanner Fast EMAs: 33, 55 (red, blue lines) Slow EMAs: 100, 200 (cloud) When the Slow EMAs cross up, cloud turns green (bullish trend). When the Slow EMAs cross down, cloud is red (bearish trend). Strategy: "Bullish Under/Over" - Price deviates below the Fast EMAs - Finds support into the Green Cloud - Reclaims Fast EMAs - Ignore this signal when the cloud is red. "Bearish Over/Under" - Price deviates above the Fast EMAs - Finds resistance into the Red Cloud - Closes back below Fast EMAs - Ignore this signal when the cloud is green.
Pine Script® indicator
by CJ900X
3
QBCore SuperRSI ProLet’s Get Rich Together 💰 QBCore SuperRSI Pro — Multi-Timeframe RSI System This script provides a smart and clean way to analyze RSI across multiple timeframes in real time. It calculates RSI values for 5 configurable timeframes and gives an overall average RSI score for sniper-level buy/sell decision making. ✅ Buy when AVG RSI is near 25-39 with bullish divergence ✅ Sell when AVG RSI is near 60-70 with bearish divergence ✅ Works best with trend confirmation, support/resistance, or smart confluence logic ✅ Includes divergence detection, MA filter, customizable alerts, and clean dashboard layout Perfect for scalpers, swing traders, and bot signal integration. Let the RSI from all timeframes guide you toward smarter entries.
Pine Script® indicator
by QBCore
EMA Pullback Indicator [ATR-based]🟦 EMA Pullback Indicator This indicator identifies pullbacks in trending markets using the crossover of two EMAs (Fast and Slow). When a pullback occurs during a valid trend, an entry is triggered after price resumes in the trend direction. ATR is used to dynamically calculate stop-loss and take-profit levels. 🔍 Strategy Logic: Trend Detection: EMA(8) vs EMA(21) Pullback Zones: In a bullish trend, a pullback is when price dips below the Fast EMA In a bearish trend, a pullback is when price rises above the Fast EMA Entry Trigger: Re-entry into trend direction after pullback Stop Loss / Take Profit: Based on ATR × SL/TP multipliers Exit Options: TP/SL Hit Exit on new pullback (optional toggle) Multiple Entry Toggle: Choose whether to allow multiple pullback entries or not ⚙️ Inputs: Fast EMA Length Slow EMA Length ATR Period SL Multiplier TP Multiplier Allow Multiple Entries Exit on New Pullback 📊 Visuals: Colored EMAs and fill zone between them Grey bars during pullback Blue/Black trend bar colors Entry markers and TP/SL levels with labels Real-time ATR display in corner 📢 Alerts Included: Long/Short Pullback Entry Take Profit Hit Stop Loss Hit
Pine Script® indicator
by vineeth059
10kaDum by NAVHere's a comprehensive description for publishing your "10kaDum by NAV" script on TradingView: --- # 🎯 10kaDum by NAV - Advanced SMA Alignment Trading System **A comprehensive trading strategy that combines SMA alignment signals with intelligent dip-buying and automated profit-taking mechanisms.** ## 📊 Strategy Overview The 10kaDum system identifies optimal entry and exit points using Simple Moving Average (SMA) alignment patterns, while providing additional opportunities through systematic dip buying and profit taking. ### Core Signals: 🟢 **MAIN BUY**: Triggers when Close < SMA20 < SMA50 < SMA200 (bearish alignment - potential reversal) 🟡 **10kaDum BUY**: Secondary buy signal when price drops 10% after main buy (dollar-cost averaging) 🟠 **10kaDum SELL**: Exit signal when price rises 10% from 10kaDum buy (quick profit taking) 🔴 **MAIN SELL**: Exit signal when Close > SMA20 > SMA50 > SMA200 (bullish alignment - trend reversal) ## 🔥 Key Features ### Smart Signal Management - **One-time signals**: Each signal triggers only once until the opposite condition occurs - **No signal spam**: Clean, actionable entries without repetitive alerts - **Cycle-based logic**: Complete trading cycles from entry to exit ### Performance Analytics - **Real-time statistics table** with configurable position and styling - **Closed Trades**: Total number of completed 10kaDum cycles - **Average Days**: Mean holding period for 10kaDum positions - **Minimum Days**: Fastest trade completion time - **Min Days Date**: When the fastest trade occurred ### Advanced Label System - **Performance metrics**: Days held, gain percentage, and CAGR on exit signals - **Calendar days calculation**: Accurate time-based performance (not just bars) - **Anti-overlap positioning**: Smart label placement to avoid chart clutter - **Fully customizable**: Colors, sizes, and text styling ### Professional Customization - **Label colors**: Separate color controls for each signal type - **Table styling**: Full control over fonts, colors, and positioning - **Position controls**: Precise offset adjustments for optimal visibility - **Alert system**: Built-in alerts for all signal types ## 📈 Trading Logic **Entry Strategy:** 1. Wait for bearish SMA alignment (potential bottom) 2. Enter initial position on MAIN BUY 3. Add to position on 10% dips (10kaDum BUY) **Exit Strategy:** 1. Take quick profits on 10kaDum positions (+10% gain) 2. Hold main position until bullish SMA alignment 3. Full exit on MAIN SELL signal ## 🎨 Visual Elements - **SMA Lines**: 20, 50, and 200-period moving averages - **Colored Labels**: Distinct visual signals for each action - **Statistics Table**: Live performance tracking - **Clean Design**: Minimal chart clutter with maximum information ## ⚡ Best Practices - Use on daily or higher timeframes for best results - Combine with volume analysis for confirmation - Monitor the statistics table for strategy performance - Adjust position sizes based on signal type - Set alerts for hands-free trading ## 🔧 Customization Options - **9 table positions** (top, middle, bottom × left, center, right) - **5 font sizes** (tiny to huge) - **Full color customization** for all elements - **Adjustable label spacing** for different chart scales - **Toggle statistics display** on/off --- **Disclaimer**: This indicator is for educational purposes. Past performance doesn't guarantee future results. Always practice proper risk management and consider your financial situation before trading. **Created by**: NAV **Version**: 1.0 **Category**: Strategy / Trend Analysis --- This description highlights the key features, provides clear usage instructions, and maintains a professional tone suitable for TradingView's marketplace.
Pine Script® indicator
by navmarwaha
SMA Crossover Strategy📈 Indicator: SMA Crossover Strategy This strategy uses optimized fast and slow SMA values tailored to popular timeframes for more responsive trend detection. You can let the script auto-select values or manually define your own crossover settings. Clean visual cues and per-candle signal filtering keep your chart sharp and actionable. 🔧 Key Features: - Auto Mode: Smart defaults for each timeframe with trader-tested pairs - Manual Mode: User-defined flexibility when custom values are needed - Signal Clarity: BUY/SELL labels are plotted only once per confirmed candle 🧠 Default Auto Values (Based on Chart Timeframe) - 1-min: Fast = 5, Slow = 20 - 5-min: Fast = 5, Slow = 10 - 15-min: Fast = 5, Slow = 13 - 30-min: Fast = 15, Slow = 30 - 1-hr: Fast = 50, Slow = 200 - 4-hr: Fast = 20, Slow = 50 - Daily: Fast = 50, Slow = 200 - Weekly: Fast = 10, Slow = 30 If your timeframe isn't matched exactly, the script falls back to sensible defaults. 📊 How to Improve Conviction SMA crossovers are strong signals when confirmed by other tools. Here are some add-ons you can layer into your chart: 🔍 Confirmation Indicators - RSI (14): Look for crossovers near RSI crossing 50 or at oversold/overbought zones for momentum confirmation. - MACD: Use histogram alignment with crossover signals to detect real trend shifts. - Volume Filters: Pair signals with rising volume for institutional confirmation. 🌀 Trend & Volatility Filters - ATR (Average True Range): Helps filter signals during consolidation—watch for expanding ATR as a volatility cue. - ADX: Trade only when ADX > 20 to avoid false signals in ranging markets. - HMA (Hull MA): A smoother, faster MA that can act as a trend bias overlay. 🔭 Multi-Timeframe Awareness Overlay higher-timeframe trend indicators (like a daily 200 SMA on an intraday chart) to avoid trading against macro momentum.
Pine Script® indicator
by peasantzed
Signalgo BBSignalgo BB: Technical Overview Signalgo BB is an advanced Bollinger Bands (BB) indicator for TradingView, designed to provide a multi-dimensional view of volatility, trend, and trading opportunities within a single overlay. Below is a detailed, impartial explanation of its workings, inputs, and trading logic. Core Mechanics Signalgo BB operates on the principle of nested volatility bands and moving averages. It calculates: Fast & Slow Bands: Two sets of Bollinger Bands (BB), using different moving average types (EMA or SMA), lengths, and standard deviation multipliers. Volatility Cloud: A dynamic visual layer indicating when price is inside both, one, or neither band. Filtering: A short-term RSI is used to confirm trend direction and filter out weak signals. Inputs & Components MA Type: Choice between EMA, SMA for both fast and slow MA calculations. Fast/Slow Lengths Fast/Slow Deviations RSI Length/Thresholds Show Cloud: Toggle for the visual volatility cloud. Signal Mode: Band Break. Prevent Repeated Signals: Option to suppress duplicate signals in the same direction. TP/SL & Trailing Logic: Advanced, automated trade management with ATR-based distances, three take-profit levels, and a dynamic trailing stop. Signal Generation Band Break: Triggers when price crosses the fast BB band. RSI Filter: All signals require RSI confirmation. Prevent Repeated Signals: Optionally only marks the first breakout in a series to reduce overtrading. Entry/Exit Marks: Labels are plotted for visual clarity, and signals can trigger TradingView alerts. Trade Management Stop Loss (SL): Set at a multiple of ATR from the entry price, adapting to current volatility. Take Profits (TP1, TP2, TP3): Three levels scaled by risk-reward ratios, supporting partial exits. Trailing Stop: After the first TP is hit, SL moves to breakeven and then trails at a user-defined multiple of ATR, locking in further gains. Event Markers: Each TP, SL, and trailing stop event is labeled on the chart. Direction State: The indicator tracks active trades, allowing for only one open position per direction at a time. Cloud Visualization: The background color changes depending on whether price is inside both, one, or no bands, making it easier to visualize market conditions. Multiple Signal Logics: It doesn’t just look at breakouts—it includes cloud crossings, mean reversion, and a choice of how to combine them. Rigorous Filtering: Signals require RSI trend confirmation, reducing false entries during weak phases. Automated Trade Management: Built-in TP/SL and trailing logic, dynamically adapting to volatility. Signal Suppression: Option to prevent repeated signals, reducing noise and overtrading. Customizable MA Types: Supports EMA, SMA, and a selection algorithm for future expansion. Trading Strategy Application Volatility Regimes: The cloud’s color indicates whether price is inside, between, or outside the bands, helping traders identify trending, ranging, or breakout conditions. Signals: entries can be based on breakouts filtered by RSI trend strength. Risk Management: All active trades are managed by TP/SL logic, trailing stops after TP1, and visual feedback on exits. Visual Alerts: Both signals and TP/SL events are marked on the chart for manual review. Flexibility: Users can switch modes or suppress repeated signals as needed, depending on trading style. Why This Approach is Unique While the concepts of Bollinger Bands, moving averages, and RSI filtering are widely used, Signalgo BB combines and layers them in a proprietary fashion that is not standardized in public indicators. The integration of multiple, nested bands, dynamic cloud visualization, strict RSI filtering, and adaptive trade management is not reproducible without access to the underlying, protected logic. Practical Usage Intraday to Swing: Suitable for timeframes from minutes to days, depending on the MA periods and volatility profile. Manual or Automated: The visual overlay and alerts support both manual trading and automated strategies. Education & Review: The colored cloud and event markers make it easy to review past price action and learn from signals.
Pine Script® indicator
by signalgo