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Moving Averages

ONE RING 8 MA Bands with RaysCycle analysis tool ... MAs: Eight moving averages (MA1–MA8) with customizable lengths, types (RMA, WMA, EMA, SMA), and offsets Bands: Upper/lower bands for each MA, calculated based on final_pctX (Percentage mode) or final_ptsX (Points mode), scaled by multiplier Rays: Forward-projected lines for bands, with customizable start points, styles (Solid, Dashed, Dotted), and lengths (up to 500 bars) Band Choices Manual: Uses individual inputs for band offsets Uniform: Sets all offsets to base_pct (e.g., 0.1%) or base_pts (e.g., 0.1 points) Linear: Scales linearly (e.g., base_pct * 1, base_pct * 2, base_pct * 3 ..., base_pct * 8) Exponential: Scales exponentially (e.g., base_pct * 1, base_pct * 2, base_pct * 4, base_pct * 8 ..., base_pct * 128) ATR-Based: Offsets are derived from the Average True Range (ATR), scaled by a linear factor. Dynamic bands that adapt to market conditions, useful for breakout or mean-reversion strategies. (final_pct1 = base_pct * atr, final_pct2 = base_pct * atr * 2, ..., final_pct8 = base_pct * atr * 8) Geometric: Offsets follow a geometric progression (e.g., base_pct * r^0, base_pct * r^1, base_pct * r^2, ..., where r is a ratio like 1.5) This is less aggressive than Exponential (which uses powers of 2) and provides a smoother progression. Example: If base_pct = 0.1, r = 1.5, then final_pct1 = 0.1%, final_pct2 = 0.15%, final_pct3 = 0.225%, ..., final_pct8 ≈ 1.71% Harmonic: Offsets are based on harmonic flavored ratios. final_pctX = base_pct * X / (9 - X), final_ptsX = base_pts * X / (9 - X) for X = 1 to 8 This creates a harmonic-like progression where offsets increase non-linearly, ensuring MA8 bands are wider than MA1 bands, and avoids duplicating the Linear choice above. Ex. offsets for base_pct = 0.1: MA1: ±0.0125% (0.1 * 1/8), MA2: ±0.0286% (0.1 * 2/7), MA3: ±0.05% (0.1 * 3/6), MA4: ±0.08% (0.1 * 4/5), MA5: ±0.125% (0.1 * 5/4), MA6: ±0.2% (0.1 * 6/3), MA7: ±0.35% (0.1 * 7/2), MA8: ±0.8% (0.1 * 8/1) Square Root: Offsets grow with the square root of the band index (e.g., base_pct * sqrt(1), base_pct * sqrt(2), ..., base_pct * sqrt(8)). This creates a gradual widening, less aggressive than Linear or Exponential. Set final_pct1 = base_pct * sqrt(1), final_pct2 = base_pct * sqrt(2), ..., final_pct8 = base_pct * sqrt(8). Example: If base_pct = 0.1, then final_pct1 = 0.1%, final_pct2 ≈ 0.141%, final_pct3 ≈ 0.173%, ..., final_pct8 ≈ 0.283%. Fibonacci: Uses Fibonacci ratios (e.g., base_pct * 1, base_pct * 1.618, base_pct * 2.618 Percentage vs. Points Toggle: In Percentage mode, bands are calculated as ma * (1 ± (final_pct / 100) * multiplier) In Points mode, bands are calculated as ma ± final_pts * multiplier, where final_pts is in price units. Threshold Setting for Slope: Threshold setting for determining when the slope would be significant enough to call it a change in direction. Can check efficiency by setting MA1 to color on slope temporarily Arrow table: Shows slope direction of 8 MAs using an Up or Down triangle, or shows Flat condition if no triangle.
Pine Script® indicator
by surfchaser
Trend Channel SwiftEdgeTrend Channel SwiftEdge The Trend Channel SwiftEdge is a powerful, visually striking tool designed to help traders identify trends and potential trade setups across multiple timeframes with a futuristic, tech-inspired design. This indicator combines a dynamic trend channel with a multi-timeframe trend dashboard and intelligent signal filtering to provide clear, actionable insights for both novice and experienced traders. Its unique neon-lit, holographic visuals give it a modern, cutting-edge feel, making your chart analysis both functional and visually engaging. What It Does This indicator identifies trends on your chart using a dynamic price channel and provides buy and sell signals based on trend alignments across multiple timeframes. It also features a dashboard that displays the trend direction (Up, Down, or Neutral) for six timeframes: 1-minute, 5-minute, 15-minute, 1-hour, 4-hour, and 1-day. The signals are filtered using a user-selected higher timeframe to ensure they align with broader market trends, reducing noise and improving trade reliability. How It Works The Trend Channel SwiftEdge operates in three key steps: Dynamic Trend Channel: A moving average (MA) is calculated based on your chosen type (SMA, EMA, or WMA) and length (default is 14 periods). This MA forms the backbone of the trend channel. The channel’s upper and lower bounds are created by calculating the highest and lowest values of the MA over a period (default is 2x the MA length). These bounds help identify the trend: if the price is above the upper channel, the trend is Up; if below the lower channel, the trend is Down; otherwise, it’s Neutral. The MA and channel lines are plotted with neon colors (green for Up, red for Down, blue for the channel bounds) to create a holographic effect, with a glowing background fill between the channels to highlight the trend direction. Multi-Timeframe Trend Dashboard: The indicator analyzes trends across six timeframes (1M, 5M, 15M, 1H, 4H, D1) using the same trend channel logic. A dashboard in the top-right corner displays each timeframe’s trend direction with a futuristic design: neon green for Up, neon red for Down, and gray for Neutral, all set against a dark background with neon blue accents. Signal Generation with Higher Timeframe Filter: Buy and Sell signals are generated when the trend on the chart’s timeframe (e.g., 1M) aligns with a user-selected higher timeframe (e.g., 15M). A Buy signal ("🚀 SwiftEdge BUY") appears when the price crosses above the upper channel (indicating an Up trend) and the selected higher timeframe’s trend also turns Up. If the higher timeframe is Neutral, the indicator checks even higher timeframes (e.g., 1H and 4H for a 15M filter) to confirm the trend direction. A Sell signal ("🛑 SwiftEdge SELL") appears when the price crosses below the lower channel (indicating a Down trend) and the selected higher timeframe’s trend turns Down, with the same higher timeframe check for Neutral cases. Signals are displayed as neon-colored labels with emojis for a futuristic touch, making them easy to spot. Why This Combination? The combination of a dynamic trend channel, multi-timeframe analysis, and signal filtering in Trend Channel SwiftEdge is designed to provide a comprehensive view of market trends while reducing false signals. The trend channel identifies the primary trend on your chart, while the multi-timeframe dashboard ensures you’re aware of the broader market context. The signal filter leverages higher timeframes to confirm that your trades align with larger trends, which is particularly useful in volatile markets where smaller timeframes can be noisy. This synergy creates a balanced approach, blending short-term precision with long-term trend confirmation, all wrapped in a visually engaging tech-inspired design. How to Use It Add the Indicator: Apply Trend Channel SwiftEdge to your TradingView chart. Customize Settings: SwiftEdge Moving Average Type: Choose between SMA, EMA, or WMA (default is EMA) to adjust the trend channel’s sensitivity. SwiftEdge MA Length: Set the period for the moving average (default is 14). SwiftEdge Signal Filter Timeframe: Select a higher timeframe (1M, 5M, 15M, 1H, 4H, D1) to filter signals (default is 15M). For example, on a 1M chart, selecting 15M ensures signals align with the 15-minute trend. Show SwiftEdge Ribbon: Toggle the visibility of the trend channel’s moving average (default is true). Show SwiftEdge Background Glow: Toggle the glowing background fill between the channel bounds (default is true). Start/End Year: Set a time range for the indicator’s signals (default is 1900–2100). Interpret the Dashboard: Check the top-right dashboard to see the trend direction across all timeframes. Use this to understand the broader market context. Trade with Signals: Look for "🚀 SwiftEdge BUY" labels (neon green) below candles to enter long positions when the trend aligns across timeframes. Look for "🛑 SwiftEdge SELL" labels (neon red) above candles to enter short positions or exit longs. Ensure the signal aligns with your trading strategy and risk management. What Makes It Original? Trend Channel SwiftEdge stands out with its futuristic, tech-inspired design and multi-timeframe synergy. Unlike traditional trend indicators, it combines a visually striking neon aesthetic with practical functionality, making trend analysis both intuitive and engaging. The signal filtering mechanism, which checks higher timeframes dynamically, ensures trades are backed by broader market trends, reducing the risk of false signals. The dashboard provides a quick, at-a-glance view of trends across multiple timeframes, empowering traders to make informed decisions without needing to switch charts. This blend of advanced trend analysis, intelligent signal filtering, and a high-tech visual theme makes it a unique tool for modern traders. Notes Best used on trending markets; in choppy conditions, consider using higher timeframes for signal filtering to reduce noise. Adjust the MA length and signal timeframe based on your trading style (shorter for scalping, longer for swing trading). Why This Description Complies with TradingView House Rules What It Does: Clearly explains that the script identifies trends using a dynamic channel, provides buy/sell signals, and displays a multi-timeframe dashboard. How It Does It: Breaks down the process into three steps: trend channel calculation, multi-timeframe analysis, and signal generation with higher timeframe filtering. Explains the logic (e.g., price crossing the channel, trend alignment across timeframes) in simple terms. How to Use It: Provides step-by-step instructions on adding the indicator, customizing settings, interpreting the dashboard, and trading with signals. What Makes It Original: Highlights the unique tech-inspired design, the combination of trend channel and multi-timeframe filtering, and the dynamic higher timeframe check. Justifies the Combination: Explains why the trend channel, multi-timeframe dashboard, and signal filtering are used together: to balance short-term precision with long-term trend confirmation, reducing false signals. Self-Contained: All concepts (trend channel, multi-timeframe analysis, signal filtering) are explained within the description without requiring external research. Avoids technical jargon that would confuse non-Pine readers, focusing on user-friendly language. This updated description with the new name "Trend Channel SwiftEdge" should fully comply with TradingView’s House Rules. If you need further adjustments, let me know!
Pine Script® indicator
by SwiftEdge
NR - Price-Action Long/Short [PALS]PALS (acronym for Price Action Long Short ) is a simplified view of Price Action that computes relative movement of OHLC values (from chart) between consecutive bars to mark probable Long/Short signals on the price chart. Combining PALS with Heikin-Ashi charts and SuperTrend(5, 1.432) is recommended but not mandatory. Inspiration for this script comes from Buy/Sell Indicator by Prakash EEE: What PALS does and why? Search for simplification of the complex ema of ema based range shrinking logic learnt from Prakash's approach led to - - the simpler comparison of a two-bar average over previous close and current open with an average of current OHLC values (giving less weight to the opens and more weight to the rest of them). Crossovers between those two oscillating relative values (difference between the two averages being positive or negative) is the main logic. PALS marks places where probable long or short trades may be setting up. How to use PALS? During trending phases the opposing signals may be used as areas where profit booking could be done while same side signals marking the re-entry/adding to the open positions. Pairing PALS with a SuperTrend could help in filtering out the frequent turn arounds marked by PALS during sideways phase. Adding more confirmations could improve the probable yet relatively longer lasting short-term signals.
Pine Script® indicator
by nArAyaNa_rAmAnuja-dAsan
Volume Weighted Median Price (VWMP)The volume is indeed crucial for confirming price moves and understanding market conviction. While many traders are familiar with VWAP (Volume Weighted Average Price), this indicator introduces a lesser-known but powerful cousin: the Volume Weighted Median Price (VWMP). What is VWMP? Unlike VWAP, which calculates the average price weighted by volume over a period, VWMP identifies the median price level weighted by volume. Think of it this way: If you line up all the trades within a specific lookback period, sorted by price, and then start accumulating the volume traded at each price level, the VWMP is the price level where 50% of the total volume occurred below it, and 50% occurred above it. It essentially finds the "middle ground" of trading activity based on where the bulk of the volume actually traded, not just the average price. Key Difference: VWMP vs. VWAP VWAP: Volume Weighted Average Price. Sensitive to outliers (single large trades at extreme prices can skew the average). VWMP: Volume Weighted Median Price. More robust to outliers. It represents the price that splits the period's volume distribution in half. Because it uses the median, VWMP can sometimes provide a more stable or representative level of the "typical" price where significant volume is changing hands, especially in volatile markets or when large, anomalous trades occur. How to Interpret and Use VWMP in trading The VWMP plots as a line on your chart, similar to a moving average or VWAP. Here are a few ways traders might use it: Dynamic Support and Resistance: Like VWAP, the VWMP line can act as a dynamic level of interest. Watch how price interacts with the VWMP. Consistent acceptance above VWMP might suggest bullish control and potential support. Consistent rejection or acceptance below VWMP might indicate bearish control and potential resistance. Trend Filter / Confirmation: Uptrend: Look for price consistently staying above the VWMP line. Pullbacks to the VWMP that hold could offer entry opportunities. Downtrend: Look for price consistently staying below the VWMP line. Rallies to the VWMP that fail could present shorting opportunities. Use it to filter trades: Only take long trades if price is above VWMP, and short trades if below. Mean Reversion Potential (Use with Caution): When price extends significantly far away from the VWMP, some traders might look for potential reversion back towards this volume-based median level. Important: This should not be used in isolation. Always look for confirmation from other indicators (like RSI, Stochastics, or candlestick patterns) before trading counter-trend reversions. Confluence with Other Indicators: VWMP works best when combined with other analysis tools. Look for confluence: Does the VWMP align with a key Fibonacci level, a standard moving average, or a prior support/resistance zone? This confluence strengthens the level's potential significance. Considerations Lookback Period: The length input is crucial. A shorter period makes VWMP more responsive to recent action; a longer period makes it smoother and reflects longer-term volume distribution. Experiment to find what suits your timeframe and trading style. Lagging Nature: Like all indicators based on past data, VWMP is inherently lagging. It reflects past volume distribution, not the future. Market Context: Its effectiveness can vary depending on the market conditions (trending vs. ranging) and the asset being traded.
Pine Script® indicator
by vsov
2
Profitable Hours EUR/USD Profitable Hours: It identifies the most profitable hours, based on significant price movements and high volatility (higher than the highest price movement and volatility over the last 24 periods). Hour Display in EET: The active hour is displayed in Eastern European Time (EET), which is adjusted based on the GMT offset you provide. This version of the script should help you visualize profitable hours for trading EUR/USD based on price movement and volatility, as well as time zone adjustments.
Pine Script® indicator
by CNC2788
HL2 Moving Average with BandsThis indicator is designed to assist traders in identifying potential trade entries and exits for S&P 500 (ES) and Nasdaq-100 (NQ) futures. It calculates a Simple Moving Average (SMA) based on the HL2 value (average of high and low prices) of the current candle over a user-defined lookback period (default: 200 periods). The indicator plots this SMA as a blue line, providing a smoothed reference for price trends. Additionally, it includes upper and lower bands calculated as a percentage (default: 0.5%) above and below the SMA, plotted as green and red lines, respectively. These bands act as dynamic thresholds to identify overbought or oversold conditions. The indicator generates trade signals based on price action relative to these bands: Long Entry: A green upward triangle is plotted below the candle when the close crosses above the upper band, signaling a potential buy. Close Long: A red square is plotted above the candle when the close crosses back below the upper band, indicating an exit for the long position. Short Entry: A red downward triangle is plotted above the candle when the close crosses below the lower band, signaling a potential sell. Close Short: A green square is plotted below the candle when the close crosses back above the lower band, indicating an exit for the short position. The script is customizable, allowing users to adjust the SMA length and band percentage to suit their trading style or market conditions. It is plotted as an overlay on the price chart for easy integration with other technical analysis tools. Recommended Time Frame and Settings for Trading S&P 500 and Nasdaq-100 Futures Based on research and market dynamics for S&P 500 (ES) and Nasdaq-100 (NQ) futures, the 5-minute chart is recommended as the optimal time frame for day trading with this indicator. This time frame strikes a balance between capturing intraday trends and filtering out excessive noise, which is critical for futures trading due to their high volatility and leverage. The 5-minute chart aligns well with periods of high liquidity and volatility, such as the U.S. market open (9:30 AM–11:00 AM EST) and the afternoon session (2:00 PM–4:00 PM EST), when institutional traders are most active. Why 5-minute? It allows traders to react to short-term price movements while avoiding the rapid fluctuations of 1-minute charts, which can be prone to false signals in choppy markets. It also provides enough data points to make the SMA and bands meaningful without the lag associated with longer time frames like 15-minute or hourly charts. Recommended Settings SMA Length: Set to 200 periods. This longer lookback period smooths the HL2 data, reducing noise and providing a reliable trend reference for the 5-minute chart. A 200-period SMA helps identify significant trend shifts without being overly sensitive to minor price fluctuations. Band Percentage: 0.5% is more suitable for the volatility of ES and NQ futures on a 5-minute chart, as it generates fewer but higher-probability signals. Wider bands (e.g., 1%) may miss short-term opportunities, while narrower bands (e.g., 0.1%) may produce excessive false signals. Trading Session Recommendations Futures markets for ES and NQ are open nearly 24 hours (Sunday 6:00 PM EST to Friday 5:00 PM EST, with a daily break from 4:00 PM–5:00 PM EST), but not all hours are equally optimal due to varying liquidity and volatility. The best times to trade with this indicator are: U.S. Market Open (9:30 AM–11:00 AM EST): This period is characterized by high volume and volatility, driven by the opening of U.S. equity markets and economic data releases (e.g., 8:30 AM EST reports like CPI or GDP). The indicator’s signals are more reliable during this window due to strong order flow and price momentum. Afternoon Session (2:00 PM–4:00 PM EST): After the lunchtime lull, volume picks up as institutional traders return, and news or FOMC announcements often drive price action. The indicator can capture breakout moves as prices test the upper or lower bands. Pre-Market (7:30 AM–9:30 AM EST): For traders comfortable with lower liquidity, this period can offer opportunities, especially around 8:30 AM EST economic releases. However, use tighter risk management due to wider spreads and potential volatility spikes. Additional Tips Avoid Low-Volume Periods: Steer clear of trading during low-liquidity hours, such as the overnight session (11:00 PM–3:00 AM EST), when spreads widen and price movements can be erratic, leading to false signals from the indicator. Combine with Other Tools: Enhance the indicator’s effectiveness by pairing it with support/resistance levels, Fibonacci retracements, or volume analysis to confirm signals. For example, a long entry signal above the upper band is stronger if it coincides with a breakout above a key resistance level. Risk Management: Given the leverage in futures (e.g., Micro E-mini contracts require ~$1,200 margin for ES), use tight stop-losses (e.g., below the lower band for longs or above the upper band for shorts) to manage risk. Aim for a risk-reward ratio of at least 1:2. Test Settings: Backtest the indicator on a demo account to optimize the SMA length and band percentage for your specific trading style and risk tolerance. Micro E-mini contracts (MES for S&P 500, MNQ for Nasdaq-100) are ideal for testing due to their lower capital requirements. Why These Settings and Time Frame? The 5-minute chart with a 200-period SMA and 0.5% bands is tailored for the volatility and liquidity of ES and NQ futures during peak trading hours. The longer SMA period ensures the indicator captures meaningful trends, while the 0.5% bands are tight enough to signal actionable breakouts but wide enough to avoid excessive whipsaws. Trading during high-volume sessions maximizes the likelihood of valid signals, as institutional participation drives clearer price action. By focusing on these settings and time frames, traders can leverage the indicator to capitalize on the dynamic price movements of S&P 500 and Nasdaq-100 futures while managing the inherent risks of these markets.
Pine Script® indicator
by BigGuavaTrading
Zen MIG Reversal V1**Zen MIG Reversal V1** Zen MIG Reversal is a pattern-based indicator that highlights rare reversal setups. It’s designed to support traders in visually identifying potential turning points, especially following strong momentum or gap-style moves. **How it works:** - **Bullish Reversal:** Detects 3 consecutive bullish candles. The third bar must have a low above the high of the first bar and below the 20 EMA. When this occurs, a light blue box is drawn across the 3-bar range, from high to the current bar’s low. A blue arrow appears below the prior bar. - **Bearish Reversal:** Detects 3 consecutive bearish candles. The third bar must have a high below the low of the first bar and above the 20 EMA. A light red box is drawn from low to the current bar’s high. A red arrow appears above the prior bar. - Optional settings allow you to: - Show or hide the EMA line - Toggle the arrows - Adjust smoothing settings for context **Purpose:** It’s best used for discretionary analysis, journaling, or studying price behavior in momentum-driven environments. **Disclaimer:** This script is for educational and informational purposes only. It does not provide financial advice or trade recommendations. Always backtest and use proper risk management before applying any indicator to live trading.
Pine Script® indicator
by Zen_Trading_Tech
4
Pro Overbought/Oversold IndicatorThis indicator provides: Visual signals when the market is overbought or oversold. Customizable thresholds. Clear plots and background coloring for easier chart reading. 📌 Features: Uses dual confirmation from both RSI and Stochastic to improve signal quality. Alerts can be set when the market enters OB/OS zones. Customizable lengths and levels for flexibility. Background shading helps visually identify critical zones.
Pine Script® indicator
by Peter_Wade
QQE SHARPE MAX BOT v2 - Reversals + Trailing + VolumenThe **“QQE SHARPE MAX BOT v2”** strategy is based on detecting momentum shifts using the QQE Mod indicator, combined with a trend filter based on EMA and Heikin Ashi, as well as a volume filter that requires volume to be above its moving average to validate entries. It operates in both directions (long and short) with automatic reversals and manages risk through dynamic trailing stops based on ATR, allowing it to maximize profits during strong trends and avoid trading in low-interest market zones.
Pine Script® strategy
by gruizm89
3
Semaphore📌 Indicator Description: Semaphore The Semaphore indicator plots three key moving averages on the current asset's price, allowing users to select between SMA (Simple Moving Average) or EMA (Exponential Moving Average), and to choose whether the calculation should be based on the daily timeframe or the current chart timeframe. 🔧 Customizable Parameters: Moving average type: SMA or EMA. Data source: Daily timeframe or current chart timeframe. Fixed lengths: 10 (short-term), 21 (medium-term), and 50 (long-term). 🎯 What does it do? Calculates and plots the three selected moving averages. Automatically adapts to the chosen timeframe (e.g., display daily averages on a 1h chart). Color-coded lines for easy visual distinction: 🔵 Blue for the 10-period MA 🟡 Yellow for the 21-period MA 🔴 Red for the 50-period MA 🌟 Benefits and Advantages: Timeframe flexibility: Follow higher timeframe trends (daily) while trading on lower timeframes. Clean and quick visual reference: With just three colored lines, you get a clear view of short, medium, and long-term trends. Perfect for “traffic light” strategies: For example, all MAs aligned in one direction can indicate strong trend confirmation. Universal use: Works seamlessly with any asset — stocks, crypto, forex, indices, and more.
Pine Script® indicator
by jcruizsebastian
5ma + O’Neil & Minervini Buy ConditionIndicator Overview 5ma + O’Neil & Minervini Buy Condition is an original TradingView indicator that extends beyond a simple collection of standard moving averages by offering: - Five Fully Independent Lines : Each of MA1–MA5 can be configured as SMA, EMA, WMA, or VWMA with its own period and data source. This level of customization unlocks unique combinations no existing script provides. - Synergy of Multiple Timeframes : Default settings (10, 21, 50, 200, 325) reflect ultra‑short, short, medium, long, and volume‑weighted long‑term perspectives. The layered structure functions as a multi‑filter, sharpening entry signals and trend confirmation beyond any single MA. - Integrated Buy Conditions : Built‑in O’Neil and Minervini buy filters use fixed SMA‑based rules (50 & 200 SMA rising within 15% of 52‑week high; 10 > 21 > 50 SMA rising within high/low thresholds), plus a combined condition highlighting when both methods align. - Clean Visualization & Style Controls : Background coloring for each buy condition appears only in the Style tab under clearly named parameters (O’Neil Buy Condition, Minervini Buy Condition, Both Conditions). MA lines support transparent default colors and customizable line width for optimal readability without clutter. Calculation & Logic SMA: (P₁ + P₂ + … + Pₙ) ÷ N EMA: α = 2 ÷ (N + 1) EMA_today = (Price_today – EMA_yesterday) × α + EMA_yesterday WMA: (P₁×N + P₂×(N–1) + … + Pₙ×1) ÷ VWMA: Σ(Pᵢ×Vᵢ) ÷ Σ(Vᵢ) for i = 1…N ``` Buy Condition Logic - O’Neil: Price > 50 SMA & 200 SMA (both rising) **and** within 15% of the 52‑week high. - Minervini : 10 SMA > 21 SMA > 50 SMA (both short‑term SMAs rising) **and** within 25% of the 52‑week high **and** at least 25% above the 52‑week low. - Combined : Both O’Neil and Minervini conditions true. Usage Examples 1. Short‑Mid Cross : Observe MA1/MA2 crossover while MA3/MA4 confirm trend strength. 2. Volume‑Weighted Long‑Term : Use VWMA as MA5 to filter institutional‑strength pullbacks. 3. Multi‑Filter Entry : Look for purple background (Both Conditions) on daily chart as high‑confidence entry. Why It’s Unique - Not a Mash‑Up : Though built on standard MA formulas, the customizable layering and built‑in buy filters create a novel multi‑dimensional analysis tool. - Trader‑Friendly : Detailed comments in the code explain parameter choices, calculation methods, and practical entry scenarios so that even Pine novices can understand the underlying mechanics. - Publication‑Ready : Description and code demonstrate originality, add clear value, and comply with house‑rule requirements by explaining why and how components interact, not just listing features. - Combined Custom MA & Buy Conditions : By integrating customizable moving averages with built-in buy filters, users can easily recognize O’Neil and Minervini recommended setups.
Pine Script® indicator
by oratnek
2
Momentum Table - Felipe📊 Momentum Table – By Felipe This multi-timeframe momentum dashboard displays a clean and color-coded overview of key trend and momentum indicators across 6 major timeframes (5m to 1W), directly on your chart. It’s ideal for quickly identifying market strength, trend alignment, and potential reversals at a glance. 🔍 Features: EMA Trend Check (EMA 9, 20, 100, 200): Compares the current close against each EMA. ✅ Green check = price is above the EMA (bullish bias). 🔻 Red arrow = price is below the EMA (bearish bias). Visual trend alignment helps you spot strong directional setups. RSI (Relative Strength Index): Displays current RSI (14) value per timeframe. Background color highlights momentum conditions: 🔴 Red = Overbought (>70) 🟢 Green = Oversold (<30) ⚪ Gray = Neutral Stochastic RSI: Uses Stoch RSI applied to RSI (14) for sensitivity. Background color follows the same logic as RSI for quick visual cues. Compact Visual Table: Located in the bottom-right corner. Clean design with headers and rows labeled by timeframe. Helps traders monitor trend and momentum confluence across multiple timeframes in real time. This tool supports momentum-based strategies, EMA stacking confirmation, and multi-timeframe alignment, making it ideal for scalpers, swing traders, and trend followers alike.
Pine Script® indicator
by TraderFelipe
3
EMA Oscillating Trend📈 EMA Oscillating Trend by AI-123 The EMA Oscillating Trend indicator is a dynamic trend visualizer that enhances traditional EMA behavior by offsetting the line based on trend direction, providing a more intuitive and visually distinct representation of market momentum. 🔍 Key Features: 🔵 Bullish Color Customization – Define your preferred color for bullish trends 🔴 Bearish Color Customization – Set a different tone for bearish phases 🪄 Adjustable Line Thickness – Tailor the EMA's appearance to your chart style 📐 Offset Multiplier Input – Automatically pushes the EMA above price in a downtrend and below price in an uptrend for enhanced clarity ⚙️ User-Friendly Inputs – No coding knowledge required; full customization in the settings panel 🧠 How It Works: Calculates a primary EMA line (OV) and a sub-component to compare against (OV2) Determines the trend based on whether OV is above or below OV2 Shifts the EMA line above price during bearish trends and below price during bullish trends The offset is percentage-based and scales dynamically with the price for optimal readability ✅ Ideal For: Trend-followers seeking visual clarity Discretionary traders who want less clutter and more signal Anyone who likes their EMAs with a little more flair and insight 🛠️ Author: @alphainvestor123 This tool was crafted with simplicity and clarity in mind. If you enjoy the indicator, consider dropping feedback or sharing your use case!
Pine Script® indicator
by alphainvestor123