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Movingaveragestrategy

EMA Color Plus [ChartWhizzperer]EMA Colour Plus PRO | Momentum Guard by ChartWhizzperer The clinical approach to momentum filtering. Moving averages are the foundation of trend analysis, but standard EMAs are inherently flawed. They fall victim to market noise, consume valuable indicator slots on your chart, and frequently suffer from toxic higher-timeframe repainting. As a system architect, I engineered the EMA Colour Plus to eradicate these inefficiencies. This open-source script is not just a moving average; it is a multi-dimensional momentum guard designed for uncompromising precision and chart hygiene. CORE ARCHITECTURE (Why this filter outperforms standard EMAs): Repaint-Proof MTF Protocol: When utilising the higher-timeframe (HTF) functionality, the algorithm strictly locks onto confirmed historical closures. There are no real-time illusions and no retrospective repainting. The line is carved in stone. The Slot-Saver Integration: Free users are heavily restricted by indicator limits. This script integrates a dynamic EMA, Bollinger Bands, RSI momentum gating, and ROC filtering into a single, highly optimised mathematical unit. Data-Vacuum Failsafe: Standard Volume Weighted Moving Averages (VWMA) crash when broker feeds temporarily drop volume data (common in Forex). This script features a custom fallback injection that simulates baseline volume during data vacuums, ensuring the indicator never disappears from your chart. Mathematical Symmetry: Momentum thresholds (like RSI) are perfectly mirrored against the median, reducing input clutter while maintaining strict logic for both bullish and bearish state transitions. Examine the source code: You will find clean, single-line compiled logic and a flawless security protocol for MTF data retrieval. However, an EMA does not pull the trigger. Ask me for more! Disclaimer Signals and alerts are provided for informational purposes only and do not constitute financial advice or a recommendation to buy or sell. Trading involves substantial risk and may result in the total loss of capital. Execution via third-party tools may differ from alerts. Past performance is not indicative of future results.
Pine Script® indicator
by ChartWhizzperer
Support Band of TrendSupport Band of Trend by MasterTony **Support Band with Dynamic Ichimoku Boundaries** This indicator combines three layered tools into a single clean overlay: a trend-adaptive support/resistance band using golden moving averages, dynamic Ichimoku Tenkan/Kijun boundaries, and price pivot S/R levels. Together they define a structured zone where price is expected to find support in bull trends and resistance in bear trends. --- **How It's Calculated** **Trend Direction (ADX + 200 SMA)** The indicator continuously reads market direction using two inputs. The DMI system compares DI+ against DI− to determine which side has directional dominance. The 200-period SMA acts as a tiebreaker when DI+ and DI− are equal. There is no neutral state — the indicator always commits to bull or bear based on whichever side is dominant at that moment. **Inner Support Band (SMA 20 / EMA 21)** The core of the indicator is a filled zone between the 20-period Simple Moving Average and the 21-period Exponential Moving Average. Because the SMA and EMA are nearly identical in length but calculated differently, the fill between them defines a tight dynamic zone that price frequently interacts with. In a bull trend the band is green, acting as a floor. In a bear trend it turns red, acting as a ceiling. **Outer Boundary (Tenkan-Sen / Kijun-Sen Band)** Wrapping the inner band is a filled zone between the Tenkan-Sen and Kijun-Sen, ported from a full adaptive Ichimoku engine. Both lines use dynamic lengths driven by a volume oscillator (OBV), ATR volatility, and a Chikou trend filter. When conditions are bullish the lengths compress toward their minimums (9 and 20), making the lines react faster. When conditions are bearish the lengths expand toward their maximums (30 and 60), making them slower and more resistant. The Tenkan and Kijun lines themselves are colored teal when Tenkan is above Kijun and purple when below. The filled zone between them matches the overall bull/bear color of the indicator. **Price Pivot S/R Lines** The indicator identifies the last three swing highs and swing lows using a 5-bar left/5-bar right pivot calculation. Each level is drawn as a horizontal dashed line extended to the right — red for resistance, green for support. These are static reference points showing where price has previously reversed. **200 SMA** Plotted as a light blue reference line. Used internally for trend bias and visually as the macro trend anchor. --- **How to Read It** The indicator is designed to be read as a layered zone, not a single line. When the bands are **green**, the entire filled area from the outer TK boundary down to the inner SMA/EMA band is a **support zone**. Price pulling back into this zone during an uptrend is expected behavior. The tighter the band compression, the stronger the trend. When the bands are **red**, the same zone becomes **resistance**. Price rallying back up into it during a downtrend is a selling opportunity. A failure to break above the zone confirms bearish continuation. The **Tenkan/Kijun color** gives you a secondary read. Teal means the fast line is above the slow line — momentum is bullish within the Ichimoku framework. Purple means the fast line has crossed below — momentum has shifted bearish. When the band color and the TK color agree, the signal is stronger. The **pivot S/R lines** give you price memory. A green pivot level sitting just below the band in a bull trend creates a confluence support cluster. A red pivot level just above the band in a bear trend creates a confluence resistance cluster. --- **How to Trade With It** **Bull Trend Pullback Entry** Wait for the band to be green. Let price pull back into the inner SMA/EMA band or the wider TK zone. Look for a candle reversal or momentum shift back upward while inside the zone. Enter long with a stop below the outer TK boundary. The nearest green pivot S/R line below acts as your invalidation level. **Bear Trend Rally Entry** Wait for the band to be red. Let price rally back up into the inner band or TK zone. Look for rejection or a momentum shift downward while inside the zone. Enter short with a stop above the outer TK boundary. The nearest red pivot S/R line above acts as your invalidation level. **Trend Change Warning** When the band flips from green to red or red to green, it signals a shift in directional dominance. This is not an immediate entry signal — it is a warning to stop trading in the previous direction and wait for the new color to confirm with a pullback setup. **Confluence Filter** The highest probability setups occur when all three layers agree: the band color matches the trade direction, the Tenkan is above Kijun (for longs) or below (for shorts), and a pivot S/R level is nearby providing additional structure. ---
Pine Script® indicator
by MasterTonyTA
Trend-Based SMA Color Fill (30m / Daily / Weekly)Description (TradingView Script Description) This indicator highlights the relationship between price and a 65-period Simple Moving Average (SMA) using a dynamic color fill. The goal is to visually emphasize short-term trend conditions and potential momentum shifts. The script compares the current price action with the SMA slope and recent price levels to generate contextual color signals. Key Features • SMA 65 Trend Reference The indicator uses a 65-period Simple Moving Average as the primary trend reference. • Dynamic Color Fill The space between price and the SMA is filled with different colors depending on the market condition. • Green Zone Displayed when price shows strength above the SMA and upward momentum is present. • Red Zone Displayed when price weakens below the SMA and downward momentum dominates. • Yellow Zone Represents transitional conditions where the trend direction is less clear. • Multi-Timeframe Awareness The script is designed to work especially well on 30-minute charts, while also referencing broader market context. Purpose The indicator helps traders quickly identify: trend direction potential momentum shifts areas of strength or weakness relative to the moving average It is intended as a visual market structure tool, not as a standalone trading system. Notes This script is designed for chart analysis and educational purposes. It should be used together with additional market context and risk management.
Pine Script® indicator
by BreakoutChartist
Pi Cycle BTC Top + Pre-Alert BandsPi Cycle BTC Top + Pre-Alert Bands is an advanced implementation of the classic Pi Cycle Top model, designed for Bitcoin cycle analysis on higher timeframes (especially 1D BTCUSD/BTCUSD·INDEX). The original Pi Cycle Top uses two moving averages: • 111-day SMA (short MA) • 350-day SMA ×2 (long MA) A Pi Top is signaled when the 111 SMA crosses above the 350×2 SMA. Historically, this has occurred near major BTC cycle highs. This script extends that idea with a 3-step early-warning sequence: • Pi Green – early compression: short/long MA ratio crosses upward into the green band (convergence from below is required). • Pi Yellow – mid-cycle warning: only fires if a valid Green has already occurred in the same cycle. • Pi Cycle Top – final top: the classic Pi Cycle cross, limited to one top signal per cycle. After a top, no new Yellow or Top signals can appear until a new Green event starts the next cycle. Background shading shows the active phase (Green / Yellow / late-cycle zone), so you can see at a glance where BTC is within its Pi-based macro structure. All logic is non-repainting: request.security() uses lookahead_off and no future data is accessed. Typical use This indicator is intended as a macro-cycle timing and risk-awareness tool, not a stand-alone entry system. Many traders use it to: • Watch for Pi Green as the start of a potential late-cycle advance. • Treat Pi Yellow as a rising-risk environment and tighten risk management. • Use the Pi Cycle Top as a historical high-risk zone where large profit-taking or hedging may be considered. Always combine this with your own analysis (trend, volume, on-chain, macro) before making decisions. How to set alerts Add the indicator to your chart (1D BTCUSD or BTCUSD·INDEX recommended). Click Alerts → Condition → Pi Cycle BTC Top + Pre-Alert Bands. Choose one of:   • Pi Cycle – Green Pre-Alert (early convergence)   • Pi Cycle – Yellow Pre-Alert (after Green only)   • Pi Cycle – TOP (Single per Cycle, after Green) Use “Once per bar close” for higher-timeframe reliability. Disclaimer This tool is for educational and analytical purposes only. The Pi Cycle concept is based on historical behavior and does not guarantee future results. This is not financial advice; always do your own research and manage risk appropriately.
Pine Script® indicator
by KOMMODO_IO
5 EMA STRATEGY by Power of Stocks(StockYogi)5 EMA STRATEGY by Power of Stocks(StockYogi) This is a 5 EMA Breakout Strategy inspired by the trading principles taught by Shubhashi Pani, founder of the Power of Stocks (POS) community. The strategy is designed to: • Detect breakout setups when price breaks the high/low of a signal candle (based on EMA conditions) • Enter trades only if the breakout occurs within the next 3 candles • Allow multiple trades in the same direction without closing the earlier one • Use independent stop-loss (SL) and take-profit (TP) targets for each trade based on a user-defined risk-reward ratio • Optionally enter trades only at candle close • Optionally avoid trades during a custom time window (e.g., 3:00 PM to 3:30 PM IST) • Optionally close all open positions at a defined time (e.g., 3:30 PM IST) The goal of this strategy is to provide greater flexibility and realism for intraday or short-term traders following structured breakout systems. Disclaimer: This script is an implementation of technical ideas for educational purposes only. It is not financial advice. All trading involves risk, and past performance does not guarantee future results. Strategy Credits: This strategy is based on publicly known breakout rules taught by Shubhashi Pani (Power of Stocks). This is not an official POS script, and I am not affiliated with the Power of Stocks team. This implementation was developed independently to follow the logic shared for educational use. Feel free to use, backtest, and modify according to your needs. Constructive feedback is welcome!
Pine Script® strategy
by The_Stock_Yogi
1
Kaufman Trend Strength Signal█ Overview Kaufman Trend Strength Signal is an advanced trend detection tool that decomposes price action into its underlying directional trend and localized oscillation using a vector-based Kalman Filter. By integrating adaptive smoothing and dynamic weighting via a weighted moving average (WMA), this indicator provides real-time insight into both trend direction and trend strength — something standard moving averages often fail to capture. The core model assumes that observed price consists of two components: (1) a directional trend, and (2) localized noise or oscillation. Using a two-step Predict & Update cycle, the filter continuously refines its trend estimate as new market data becomes available. █ How It Works This indicator employs a Kalman Filter model that separates the trend from short-term fluctuations in a price series. Predict & Update Cycle : With each new bar, the filter predicts the price state and updates that prediction using the latest observed price, producing a smooth but adaptive trend line. Trend Strength Normalization : Internally, the oscillator component is normalized against recent values (N periods) to calculate a trend strength score between -100 and +100. (Note: The oscillator is not plotted on the chart but is used for signal generation.) Filtered MA Line : The trend component is plotted as a smooth Kalman Filter-based moving average (MA) line on the main chart. Threshold Cross Signals : When the internal trend strength crosses a user-defined threshold (default: ±60), visual entry arrows are displayed to signal momentum shifts. █ Key Features Adaptive Trend Estimation : Real-time filtering that adjusts dynamically to market changes. Visual Buy/Sell Signals : Entry arrows appear when the trend strength crosses above or below the configured threshold. Built-in Range Filter : The MA line turns blue when trend strength is weak (|value| < 10), helping you filter out choppy, sideways conditions. █ How to Use Trend Detection :  • Green MA = bullish trend  • Red MA = bearish trend  • Blue MA = no trend / ranging market Entry Signals :  • Green triangle = trend strength crossed above +Threshold → potential bullish entry  • Red triangle = trend strength crossed below -Threshold → potential bearish entry █ Settings Entry Threshold : Level at which the trend strength triggers entry signals (default: 60) Process Noise 1 & 2 : Control the filter’s responsiveness to recent price action. Higher = more reactive; lower = smoother. Measurement Noise : Sets how much the filter "trusts" price data. High = smoother MA, low = faster response but more noise. Trend Lookback (N2) : Number of bars used to normalize trend strength. Lower = more sensitive; higher = more stable. Trend Smoothness (R2) : WMA smoothing applied to the trend strength calculation. █ Visual Guide Green MA Line → Bullish trend Red MA Line → Bearish trend Blue MA Line → Sideways/range Green Triangle → Entry signal (trend strengthening) Red Triangle → Entry signal (trend weakening) █ Best Practices In high-volatility conditions, increase Measurement Noise to reduce false signals. Combine with other indicators (e.g., RSI, MACD, EMA) for confirmation and filtering. Adjust "Entry Threshold" and noise settings depending on your timeframe and trading style. ❗ Disclaimer This script is provided for educational purposes only and should not be considered financial advice or a recommendation to buy/sell any asset. Trading involves risk. Past performance does not guarantee future results. Always perform your own analysis and use proper risk management when trading.
Pine Script® indicator
by PakunFX
AllMA Trend Radar [trade_lexx]📈 AllMA Trend Radar is your universal trend analysis tool! 📊 What is AllMA Trend Radar? AllMA Trend Radar is a powerful indicator that uses various types of Moving Averages (MA) to analyze trends and generate trading signals. The indicator allows you to choose from more than 30 different types of moving averages and adjust their parameters to suit your trading style. 💡 The main components of the indicator 📈 Fast and slow moving averages The indicator uses two main lines: - Fast MA (blue line): reacts faster to price changes - Slow MA (red line): smoother, reflects a long-term trend The combined use of fast and slow MA allows you to get trend confirmation and entry/exit points from the market. 🔄 Wide range of moving averages There are more than 30 types of moving averages at your disposal: - SMA: Simple moving average - EMA: Exponential moving average - WMA: Weighted moving average - DEMA: double exponential MA - TEMA: triple exponential MA - HMA: Hull Moving Average - LSMA: Moving average of least squares - JMA: Eureka Moving Average - ALMA: Arnaud Legoux Moving Average - ZLEMA: moving average with zero delay - And many others! 🔍 Indicator signals 1️⃣ Fast 🆚 Slow MA signals (intersection and ratio of fast and slow MA) Up/Down signals (intersection) - Buy (Up) signal: - What happens: the fast MA crosses the slow MA from bottom to top - What does the green triangle with the "Buy" label under the candle look like - What does it mean: a likely upward trend reversal or an uptrend strengthening - Sell signal (Down): - What happens: the fast MA crosses the slow MA from top to bottom - What does it look like: a red triangle with a "Sell" mark above the candle - What does it mean: a likely downtrend reversal or an increase in the downtrend Greater/Less signals (ratio) - Buy signal (Greater): - What happens: the fast MA becomes higher than the slow MA - What does it look like: a green triangle with a "Buy" label under the candle - What does it mean: the formation or confirmation of an uptrend - Sell signal (Less): - What happens: the fast MA becomes lower than the slow MA - What does it look like: a red triangle with a "Sell" mark above the candle - What does it mean: the formation or confirmation of a downtrend 2️⃣ Signals ⚡️ Fast MA (fast MA and price) Up/Down signals (intersection) - Buy signal (Up Fast): - What happens: the price crosses the fast MA from bottom to top - What does it look like: a green triangle with a "Buy" label under the candle - What does it mean: a short-term price growth signal - Sell signal (Down Fast): - What happens: the price crosses the fast MA from top to bottom - What does it look like: a red triangle with a "Sell" label above the candle - What does it mean: a short-term price drop signal Greater/Less signals (ratio) - Buy signal (Greater Fast): - What happens: the price is getting higher than the fast MA - What does it look like: a green triangle with a "Buy" label under the candle - What does it mean: the price is above the fast MA, which indicates an upward movement - Sell signal (Less Fast): - What happens: the price is getting lower than the fast MA - What does it look like: a red triangle with a "Sell" mark above the candle - What does it mean: the price is under the fast MA, which indicates a downward movement 3️⃣ Signals 🐢 Slow MA (slow MA and price) Up/Down signals (intersection) - Buy signal (Up Slow): - What happens: the price crosses the slow MA from bottom to top - What does it look like: a green triangle with a "Buy" label under the candle - What does it mean: a potential medium-term upward trend reversal - Sell signal (Down Slow): - What happens: the price crosses the slow MA from top to bottom - What does it look like: a red triangle with a "Sell" label above the candle - What does it mean: a potential medium-term downward trend reversal Greater/Less signals (ratio) - Buy signal (Greater Slow): - What happens: the price is getting above the slow MA - What does it look like: a green triangle with a "Buy" label under the candle - What does it mean: the price is above the slow MA, which indicates a strong upward movement - Sell signal (Less Slow): - What is happening: the price is getting below the slow MA - What does it look like: a red triangle with a "Sell" mark above the candle - What does it mean: the price is under the slow MA, which indicates a strong downward movement 🛠 Filters to filter out false signals 1️⃣ Minimum distance between the signals - What it does: sets the minimum number of candles between signals of the same type - Why it is needed: it prevents the appearance of too frequent signals, especially during periods of high volatility - How to set it up: Set a different value for each signal type (default: 3-5 bars) - Example: if the value is 3 for Up/Down signals, after the buy signal appears, the next buy signal may appear no earlier than 3 bars later 2️⃣ Advanced indicator filters 🔍 RSI Filter - What it does: Checks the Relative Strength Index (RSI) value before generating a signal - Why it is needed: it helps to avoid countertrend entries and catch reversal points - How to set up: - For buy signals (🔋 Buy): set the RSI range, usually in the oversold zone (for example, 1-30) - For sell signals (🪫 Sell): set the RSI range, usually in the overbought zone (for example, 70-100) - Example: if the RSI = 25 (in the range 1-30), the buy signal will be confirmed 📊 MFI Filter (Cash Flow Index) - What it does: analyzes volumes and the direction of price movement - Why it is needed: confirms signals with data on the activity of cash flows - How to set up: - For buy signals (🔋 Buy): set the MFI range in the oversold zone (for example, 1-25) - For sell signals (🪫 Sell): set the MFI range in the overbought zone (for example, 75-100) - Example: if MFI = 80 (in the range of 75-100), the sell signal will be confirmed 📈 Stochastic Filter - What it does: analyzes the position of the current price relative to the price range - Why it is needed: confirms signals based on overbought/oversold conditions - How to configure: - You can configure the K Length, D Length and Smoothing parameters - For buy signals (🔋 Buy): set the stochastic range in the oversold zone (for example, 1-20) - For sell signals (🪫 Sell): set the stochastic range in the overbought zone (for example, 80-100) - Example: if stochastic = 15 (is in the range of 1-20), the buy signal will be confirmed 🔌 Connecting to trading strategies The indicator provides various connectors to connect to your trading strategies.: 1️⃣ Individual connectors for each type of signal - 🔌Fast vs Slow Up/Down MA Signal🔌: signals for the intersection of fast and slow MA - 🔌Fast vs Slow Greater/Less MA Signal🔌: signals of the ratio of fast and slow MA - 🔌Fast Up/Down MA Signal🔌: signals of the intersection of price and fast MA - 🔌Fast Greater/Less MA Signal🔌: signals of the ratio of price and fast MA - 🔌Slow Up/Down MA Signal🔌: signals of the intersection of price and slow MA - 🔌Slow Greater/Less MA Signal🔌: Price versus slow MA signals 2️⃣ Combined connectors - 🔌Combined Up/Down MA Signal🔌: combines all the crossing signals (Up/Down) - 🔌Combined Greater/Less MA Signal🔌: combines all the signals of the ratio (Greater/Less) - 🔌Combined All MA Signals🔌: combines all signals (Up/Down and Greater/Less) ❗️ All connectors return values: - 1: buy signal - -1: sell signal - 0: no signal 📚 How to start using AllMA Trend Radar 1️⃣ Selection of types of moving averages - Add an indicator to the chart - Select the type and period for the fast MA (default: DEMA with a period of 14) - Select the type and period for the slow MA (default: SMA with a period of 14) - Experiment with different types of MA to find the best combination for your trading style 2️⃣ Signal settings - Turn on the desired signal types (Up/Down, Greater/Less) - Set the minimum distance between the signals - Activate and configure the necessary filters (RSI, MFI, Stochastic) 3️⃣ Checking on historical data - Analyze how the indicator works based on historical data - Pay attention to the accuracy of the signals and the presence of false alarms - Adjust the settings if necessary 4️⃣ Introduction to the trading strategy - Decide which signals will be used to enter the position. - Determine which signals will be used to exit the position. - Connect the indicator to your trading strategy through the appropriate connectors 🌟 Practical application examples Scalping strategy - Fast MA: TEMA with a period of 8 - Slow MA: EMA with a period of 21 - Active signals: Fast MA Up/Down - Filters: RSI (range 1-40 for purchases, 60-100 for sales) - Signal spacing: 3 bars Strategy for day trading - Fast MA: TEMA with a period of 10 - Slow MA: SMA with a period of 20 - Active signals: Fast MA Up/Down and Fast vs Slow Greater/Less - Filters: MFI (range 1-25 for purchases, 75-100 for sales) - Signal spacing: 5 bars Swing Trading Strategy - Fast MA: DEMA with a period of 14 - Slow MA: VWMA with a period of 30 - Active signals: Fast vs Slow Up/Down and Slow MA Greater/Less - Filters: Stochastic (range 1-20 for purchases, 80-100 for sales) - Signal spacing: 8 bars A strategy for positional trading - Fast MA: HMA with a period of 21 - Slow MA: SMA with a period of 50 - Active signals: Slow MA Up/Down and Fast vs Slow Greater/Less - Filters: RSI and MFI at the same time - The distance between the signals: 10 bars 💡 Tips for using AllMA Trend Radar 1. Select the types of MA for market conditions: - For trending markets: DEMA, TEMA, HMA (fast MA) - For sideways markets: SMA, WMA, VWMA (smoothed MA) - For volatile markets: KAMA, AMA, VAMA (adaptive MA) 2. Combine different types of signals: - Up/Down signals work better when moving from a sideways trend to a directional one - Greater/Less signals are optimal for fixing a stable trend 3. Use filters effectively: - The RSI filter works great in trending markets - MFI filter helps to confirm the strength of volume movement - Stochastic filter works well in lateral ranges 4. Adjust the minimum distance between the signals: - Small values (2-3 bars) for short-term trading - Average values (5-8 bars) for medium-term trading - Large values (10+ bars) for long-term trading 5. Use combination connectors: - For more reliable signals, connect the indicator through the combined connectors 💰 With the AllMA Trend Radar indicator, you get a universal trend analysis tool that can be customized for any trading style and timeframe. The combination of different types of moving averages and advanced filters allows you to significantly improve the accuracy of signals and the effectiveness of your trading strategy!
Pine Script® indicator
by trade_lexx
Multiple MAsHere's a well-written description in English for your "Multiple MAs" indicator that you can use when publishing on TradingView. It’s concise, professional, and highlights the key features of the indicator while explaining its purpose for traders. --- ### Multiple MAs Indicator #### Overview The **Multiple MAs** indicator is a versatile and straightforward tool designed to help traders visualize price trends using multiple Simple Moving Averages (SMAs) on a single chart. By plotting six SMAs with customizable lengths (MA5, MA10, MA20, MA50, MA100, and MA200), this indicator provides a clear view of short-term, medium-term, and long-term trends, making it ideal for trend-following strategies, crossover analysis, and identifying potential support/resistance levels. #### Features - **Customizable MA Lengths**: Adjust the periods of all six moving averages (MA5, MA10, MA20, MA50, MA100, MA200) to suit your trading style and timeframe. - **Distinct Visuals**: Each MA is plotted with a unique color and line width for easy identification: - MA5 (Dodger Blue, 1px) - MA10 (Green, 1px) - MA20 (Red, 2px) - MA50 (Purple, 3px) - MA100 (Gray, 3px) - MA200 (White, 3px) - **Overlay on Price Chart**: The indicator overlays directly on the price chart, allowing for seamless integration with other technical analysis tools. - **High Precision**: Displays values with 8-decimal precision, ensuring accuracy for assets with small price movements (e.g., forex pairs or cryptocurrencies). #### How to Use 1. **Trend Identification**: Use the longer MAs (e.g., MA100, MA200) to determine the overall trend direction. If the price is above these MAs, the trend is likely bullish; if below, it’s likely bearish. 2. **Crossover Signals**: Look for crossovers between shorter MAs (e.g., MA5 crossing MA20) for potential entry or exit signals. For example: - A bullish signal occurs when a shorter MA crosses above a longer MA. - A bearish signal occurs when a shorter MA crosses below a longer MA. 3. **Support and Resistance**: MAs often act as dynamic support or resistance levels. Watch for price reactions around these lines, especially the MA50, MA100, and MA200. 4. **Divergence Analysis**: Compare the slope of different MAs to identify potential trend reversals or weakening momentum. #### Settings - **MA5 Length**: Default is 5 bars. - **MA10 Length**: Default is 10 bars. - **MA20 Length**: Default is 20 bars. - **MA50 Length**: Default is 50 bars. - **MA100 Length**: Default is 100 bars. - **MA200 Length**: Default is 200 bars. #### Best Practices - **Timeframe**: This indicator works on any timeframe but is particularly effective on daily, 4-hour, and 1-hour charts for swing trading or trend-following strategies. - **Combine with Other Tools**: Pair the Multiple MAs with other indicators like RSI, MACD, or volume analysis to confirm signals and avoid false breakouts. - **Adjust for Volatility**: For highly volatile assets, consider increasing the MA lengths to reduce noise and focus on broader trends. #### Notes - The indicator is lightweight and optimized for performance, ensuring it runs smoothly even on lower timeframes. - Colors and line widths are pre-set for clarity but can be customized in the indicator settings if needed. #### Credits Created by kosar_v. Feedback and suggestions are welcome to improve this tool for the TradingView community!
Pine Script® indicator
by kosar_v
TEMA OBOS Strategy PakunTEMA OBOS Strategy Overview This strategy combines a trend-following approach using the Triple Exponential Moving Average (TEMA) with Overbought/Oversold (OBOS) indicator filtering. By utilizing TEMA crossovers to determine trend direction and OBOS as a filter, it aims to improve entry precision. This strategy can be applied to markets such as Forex, Stocks, and Crypto, and is particularly designed for mid-term timeframes (5-minute to 1-hour charts). Strategy Objectives Identify trend direction using TEMA Use OBOS to filter out overbought/oversold conditions Implement ATR-based dynamic risk management Key Features 1. Trend Analysis Using TEMA Uses crossover of short-term EMA (ema3) and long-term EMA (ema4) to determine entries. ema4 acts as the primary trend filter. 2. Overbought/Oversold (OBOS) Filtering Long Entry Condition: up > down (bullish trend confirmed) Short Entry Condition: up < down (bearish trend confirmed) Reduces unnecessary trades by filtering extreme market conditions. 3. ATR-Based Take Profit (TP) & Stop Loss (SL) Adjustable ATR multiplier for TP/SL Default settings: TP = ATR × 5 SL = ATR × 2 Fully customizable risk parameters. 4. Customizable Parameters TEMA Length (for trend calculation) OBOS Length (for overbought/oversold detection) Take Profit Multiplier Stop Loss Multiplier EMA Display (Enable/Disable TEMA lines) Bar Color Change (Enable/Disable candle coloring) Trading Rules Long Entry (Buy Entry) ema3 crosses above ema4 (Golden Cross) OBOS indicator confirms up > down (bullish trend) Execute a buy position Short Entry (Sell Entry) ema3 crosses below ema4 (Death Cross) OBOS indicator confirms up < down (bearish trend) Execute a sell position Take Profit (TP) Entry Price + (ATR × TP Multiplier) (Default: 5) Stop Loss (SL) Entry Price - (ATR × SL Multiplier) (Default: 2) TP/SL settings are fully customizable to fine-tune risk management. Risk Management Parameters This strategy emphasizes proper position sizing and risk control to balance risk and return. Trading Parameters & Considerations Initial Account Balance: $7,000 (adjustable) Base Currency: USD Order Size: 10,000 USD Pyramiding: 1 Trading Fees: $0.94 per trade Long Position Margin: 50% Short Position Margin: 50% Total Trades (M5 Timeframe): 128 Deep Test Results (2024/11/01 - 2025/02/24)BTCUSD-5M Total P&L：+1638.20USD Max equity drawdown：694.78USD Total trades：128 Profitable trades:44.53 Profit factor:1.45 These settings aim to protect capital while maintaining a balanced risk-reward approach. Visual Support TEMA Lines (Three EMAs) Trend direction is indicated by color changes (Blue/Orange) ema3 (short-term) and ema4 (long-term) crossover signals potential entries OBOS Histogram Green → Strong buying pressure Red → Strong selling pressure Blue → Possible trend reversal Entry & Exit Markers Blue Arrow → Long Entry Signal Red Arrow → Short Entry Signal Take Profit / Stop Loss levels displayed Strategy Improvements & Uniqueness This strategy is based on indicators developed by "l_lonthoff" and "jdmonto0", but has been significantly optimized for better entry accuracy, visual clarity, and risk management. Enhanced Trend Identification with TEMA Detects early trend reversals using ema3 & ema4 crossover Reduces market noise for a smoother trend-following approach Improved OBOS Filtering Prevents excessive trading Reduces unnecessary risk exposure Dynamic Risk Management with ATR-Based TP/SL Not a fixed value → TP/SL adjusts to market volatility Fully customizable ATR multiplier settings (Default: TP = ATR × 5, SL = ATR × 2) Summary The TEMA + OBOS Strategy is a simple yet powerful trading method that integrates trend analysis and oscillators. TEMA for trend identification OBOS for noise reduction & overbought/oversold filtering ATR-based TP/SL settings for dynamic risk management Before using this strategy, ensure thorough backtesting and demo trading to fine-tune parameters according to your trading style.
Pine Script® strategy
by PakunFX
MA Win RateMoving Average Cross Win Rate This simple yet useful script calculates the percentage of times a moving average crossover successfully predicts price movement. Win Conditions: 1] A Golden Cross (fast MA crossing above slow MA) where the price moves up afterward. 2] A Death Cross (fast MA crossing below slow MA) where the price moves down afterward. In this script, I have used a Simple Moving Average (SMA) for illustration. You can modify the code to apply any type of moving average and test its accuracy.
Pine Script® indicator
by Pro_Quantitative_Trader
Golden/Death Cross HighlighterThis indicator helps you easily identify and visualize Golden Cross and Death Cross patterns combined with price action confirmation. It highlights chart backgrounds when specific conditions are met, making it easy to spot potential trend changes. 🔑 Key Features: Highlights Golden Cross conditions (50 SMA crosses above 200 SMA) when price closes above both MAs Highlights Death Cross conditions (50 SMA crosses below 200 SMA) when price closes below both MAs Customizable MA lengths (default: 50 and 200) Adjustable highlight opacity Built-in alerts for cross events Clear visualization of both moving averages 📈 Color Guide: Yellow Background: Golden Cross active + price above both MAs Red Background: Death Cross active + price below both MAs ⚙️ Settings: Fast MA Length: Length of faster moving average (default 50) Slow MA Length: Length of slower moving average (default 200) Golden Cross Highlight Opacity: Adjust visibility of bullish highlights Death Cross Highlight Opacity: Adjust visibility of bearish highlights 💡 Usage Tips: Use in combination with other indicators for confirmation Set up alerts for potential trend changes Adjust opacity to match your chart style Works best on higher timeframes (4H, Daily, Weekly)
Pine Script® indicator
by dripvesting
Johnny's Adjusted BB Buy/Sell Signal"Johnny's Adjusted BB Buy/Sell Signal" leverages Bollinger Bands and moving averages to provide dynamic buy and sell signals based on market conditions. This indicator is particularly useful for traders looking to identify strategic entry and exit points based on volatility and trend analysis. How It Works Bollinger Bands Setup: The indicator calculates Bollinger Bands using a specified length and multiplier. These bands serve to identify potential overbought (upper band) or oversold (lower band) conditions. Moving Averages: Two moving averages are calculated — a trend moving average (trendMA) and a long-term moving average (longTermMA) — to gauge the market's direction over different time frames. Market Phase Determination: The script classifies the market into bullish or bearish phases based on the relationship of the closing price to the long-term moving average. Strong Buy and Sell Signals: Enhanced signals are generated based on how significantly the price deviates from the Bollinger Bands, coupled with the average candle size over a specified lookback period. The signals are adjusted based on whether the market is bullish or bearish: In bullish markets, a strong buy signal is triggered if the price significantly drops below the lower Bollinger Band. Conversely, a strong sell signal is activated when the price rises well above the upper band. In bearish markets, these signals are modified to be more conservative, adjusting the thresholds for triggering strong buy and sell signals. Features: Flexibility: Users can adjust the length of the Bollinger Bands and moving averages, as well as the multipliers and factors that determine the strength of buy and sell signals, making it highly customizable to different trading styles and market conditions. Visual Aids: The script vividly plots the Bollinger Bands and moving averages, and signals are visually represented on the chart, allowing traders to quickly assess trading opportunities: Regular buy and sell signals are indicated by simple shapes below or above price bars. Strong buy and sell signals are highlighted with distinctive colors and placed prominently to catch the trader's attention. Background Coloring: The background color changes based on the market phase, providing an immediate visual cue of the market's overall sentiment. Usage: This indicator is ideal for traders who rely on technical analysis to guide their trading decisions. By integrating both Bollinger Bands and moving averages, it provides a multi-faceted view of market trends and volatility, making it suitable for identifying potential reversals and continuation patterns. Traders can use this tool to enhance their understanding of market dynamics and refine their trading strategies accordingly.
Pine Script® indicator
by JonathanLeyva
1
Interactive MA Stop Loss [TANHEF]This indicator is "Interactive." Once added to the chart, you need to click the start point for the moving average stoploss. Dragging it afterward will modify its position. Why choose this indicator over a traditional Moving Average? To accurately determine that a wick has crossed a moving average, you must examine the moving average's range on that bar (blue area on this indicator) and ensure the wick fully traverses this area. When the price moves away from a moving average, the average also shifts towards the price. This can make it look like the wick crossed the average, even if it didn't. How is the moving average area calculated? For each bar, the moving average calculation is standard, but when the current bar is involved, its high or low is used instead of the close. For precise results, simply setting the source in a typical moving average calculation to 'Low' or 'High' is not sufficient in calculating the moving average area on a current bar. Moving Average Options: Simple Moving Average Exponential Moving Average Relative Moving Average Weighted Moving Average Indicator Explanation After adding indicator to chart, you must click on a location to begin an entry. The moving average type can be set and length modified to adjust the stoploss. An optional profit target may be added. A symbol is display when the stoploss and profit target are hit. If a position is create that is not valid, "Overlapping MA and Bar" is displayed. Alerts 'Check' alerts to use within indicator settings (stop hit and/or profit target hit). Select 'Create Alert' Set the condition to 'Interactive MA'' Select create. Alert messages can have additional details using these words in between two Curly (Brace) Brackets: {{stop}} = MA stop-loss (price) {{upper}} = Upper MA band (price) {{lower}} = Lower MA band (price) {{band}} = Lower or Upper stoploss (word) {{type}} = Long or Short stop-loss (word) {{stopdistance}} = Stoploss Distance (%) {{targetdistance}} = Target Distance (%) {{starttime}} = Start time of stoploss (day:hour:minute) {{maLength}} = MA Length (input) {{maType}} = MA Type (input) {{target}} = Price target (price) {{trigger}} = Wick or Close Trigger input (input) {{ticker}} = Ticker of chart (word) {{exchange}} = Exchange of chart (word) {{description}} = Description of ticker (words) {{close}} = Bar close (price) {{open}} = Bar open (price) {{high}} = Bar high (price) {{low}} = Bar low (price) {{hl2}} = Bar HL2 (price) {{volume}} = Bar volume (value) {{time}} = Current time (day:hour:minute) {{interval}} = Chart timeframe {{newline}} = New line for text I will add further moving averages types in the future. If you suggestions post them below.
Pine Script® indicator
by TanHef
2