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BornInvestor Gap Detector📈 BornInvestor Gap Detector The BornInvestor Gap Detector is a powerful visual tool for identifying and analyzing price gaps on any chart. It automatically detects up and down gaps, highlights them with customizable boxes, and offers detailed labeling and alerting functionality. 🔍 Key Features: Automatic Detection of bullish and bearish gaps based on customizable deviation settings. Visual Highlighting of gaps using colored boxes with optional trail length limitation. Gap Size Labels showing the percentage size of the gap, with the ability to display them only on the most recent N gaps. Alerts for: New gap appearance Gap fully or partially closed Price entering a gap zone (ideal for breakout/backfill strategies) Customizable Colors for up/down gap borders and backgrounds. Optional Message when no gaps are found on the current chart. 💡 Usefulness: Gaps are an edge. They frequently act as support or resistance—especially on the first retest—when aligned with high-volume areas or other key price zones. Many strong stock moves begin with gaps, a concept central to strategies like Episodic Pivots. This indicator helps you: Identify gaps as potential entry zones on secondary setups Quantify gaps via percentage size Filter gaps based on size to suit your specific trading approach Set alerts when price enters a gap or meets your custom criteria
Pine Script® indicator
by irishborninvestor
Quick Look DashboardQuick look dashboard for current status at selected timeframe. VWAP- is price above or below VWAP EMA - is price above or below EMA MACD - is Fast EMA moving up or down Momentum - is MACD histogram trending up or down Volume - Is current volume above or below average volume RSI - Is RSI trending up or down based upon a look-back period ADX - trend strength indicating if trend is getting stronger or weaker. Arrow DOES NOT indicate trend direction, only trend strength..
Pine Script® indicator
by PMP5240
Crypto Master IndicatorThe Crypto Master Indicator (CMI) is a custom technical indicator for the TradingView platform, written in Pine Script (version 5), designed to assist traders, particularly in the cryptocurrency market, in identifying buying and selling opportunities. It combines multiple technical indicators (Moving Averages, RSI, MACD, Bollinger Bands, and Volume) to generate entry and exit signals, while also providing information about trends, momentum, and support/resistance levels. Below is a detailed description: 1. Purpose of the Indicator The CMI is an overlay indicator that plots visual signals directly on the price chart, helping to identify: Trends: Determines whether the market is in an uptrend, downtrend, or sideways. Entry/Exit Signals: Generates buy signals (green triangles) and sell signals (red triangles) based on technical conditions. Signal Strength: Uses more intense colors to indicate more reliable signals. Support and Resistance Levels: Dynamically calculates levels based on Bollinger Bands and moving averages. Risk Management: Suggests stop loss and profit targets based on the ATR (Average True Range). 1,8s
Pine Script® indicator
by contatobiamania
CandelaCharts - HTF Sweeps📝 Overview This indicator lets you overlay a higher timeframe (HTF) onto your current chart, giving you a clearer view of broader market movements without switching timeframes. This indicator also detects liquidity sweeps and plots them on both the higher timeframe (HTF) and the current lower timeframe (LTF), helping traders clearly spot potential reversal points. It adds LTF dividers for better structure clarity, making it easier to align with HTF shifts and refine entry timing with greater precision. 📦 Features This indicator identifies price sweeps and their invalidations, helping traders spot potential liquidity grabs and failed breakout attempts. Overlay a configurable higher timeframe (HTF) on the current chart Detects and plots liquidity sweeps on both HTF and LTF Adds lower timeframe (LTF) dividers for improved structure clarity Ideal for ICT-style top-down analysis and precision entries without switching charts ⚙️ Settings Customize the indicator to suit your strategy. Alert options are also available, so you can stay informed when key market events are triggered. Timeframes: Select the higher timeframe (HTF) to overlay on your current chart. HTF Coloring: Customize the color scheme for HTF candles. HTF Offset: Space of HTF Candles and current chart. HTF Size: Adjust the size of HTF candles. HTF Labels: Toggle labels for HTF. LTF H/L Line: Show or hide high/low lines from the lower timeframe. LTF O/C Line: Display open/close lines from the lower timeframe. Sweep: Enable detection and plotting of liquidity sweeps. I-sweep: Toggle invalidated sweep detection. Alerts: Enable Sweep Formation or Invalidation alerts ⚡️ Showcase See the indicator applied in live market scenarios, illustrating how sweep detections and invalidations unfold on various charts. HTF Candles HTF Sweeps LTF Sweeps Invalidated Sweeps 🚨 Alerts This indicator includes built-in alert functionality to keep you informed of key market events in real time. It supports the following customizable alerts on TradingView: Sweep Detection: Notifies you when a price sweep is detected—either a liquidity sweep above recent highs or below recent lows. This can be a strong signal of potential reversals or liquidity grabs by larger market participants. Sweep Invalidation: Alerts you when a previously detected sweep becomes invalidated due to price action moving beyond a defined threshold. This helps traders stay adaptive and avoid acting on outdated signals. These alerts are fully integrated with TradingView’s native alert system, so you can receive notifications via app, email, or pop-up—ensuring you're always up to date, even when you're away from the chart. ⚠️ Disclaimer Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.
Pine Script® indicator
by CandelaCharts
7
Smart Scalper - Liquidez + Tendência + ConfirmaçãoTrend Identification EMA (Exponential Moving Average) 50-period: Serves as a trend guide — prices above the EMA indicate an uptrend, below indicate a downtrend. Supertrend: Confirms and filters the trend with greater precision. It uses ATR to detect trend reversals with less lag. 2. Price Action as a Trigger Bullish/Bearish Engulfing: Detects strong reversals based on two-candle patterns (e.g., a green candle that "engulfs" the previous red candle). Pin Bar: Detects price rejections with long wicks — a classic sign of movement exhaustion. These patterns are only considered if aligned with the trend identified by EMA + Supertrend. 3. Fair Value Gap (FVG) Identifies liquidity imbalances between buyers and sellers, where the price may return to "fill." Bullish FVG (purple circle) = potential support. Bearish FVG (pink circle) = potential resistance. Useful as an entry point or target if the price returns to the region. ✅ Conditions for a Buy Signal Price above the EMA. Supertrend in an uptrend. Bullish Engulfing or Bullish Pin Bar. ✅ Conditions for a Sell Signal Price below the EMA. Supertrend in a downtrend. Bearish Engulfing or Bearish Pin Bar. 📊 Visual Elements Green arrows for buy signals and red arrows for sell signals. Purple and fuchsia circles for liquidity gaps (FVG). Orange EMA line and colored Supertrend line. 🔔 Alerts You can set up automatic alerts on TradingView for: Confirmed buy signal Confirmed sell signal 🧠 How to Use in Practice Use on short timeframes (1min, 3min, 5min) for scalping. Combine with small targets (0.2%–0.5%) and tight stop-losses. Check if the signal appears near FVG regions or support/resistance for added confluence. Confirm with volume or another indicator for extra confidence. 915ms
Pine Script® indicator
by contatobiamania
Time-Based Market Structure – DEMO (TRAL 00 / 03 / 29)This is a simplified DEMO version of our advanced time-based levels indicator. It highlights only three key algorithmic time anchors: 00, 03, and 29 — moments when price is likely to react due to internal logic derived from advanced temporal analysis (Hopiplaka-inspired). These time levels are often associated with liquidity shifts and potential trend reversals, especially when price aligns with these anchors. Ideal for both intraday and multi-timeframe traders looking to observe how time-based reactions influence price behavior.
Pine Script® indicator
by theunlockedtrading
Advanced Correlation Monitor📊 Advanced Correlation Monitor - Pine Script v6 🎯 What does this indicator do? Monitors real-time correlations between 13 different asset pairs and alerts you when historically strong correlations break, indicating potential trading opportunities or changes in market dynamics. 🚀 Key Features ✨ Multi-Market Monitoring 7 Forex Pairs (GBPUSD/DXY, EURUSD/GBPUSD, etc.) 6 Index/Stock Pairs (SPY/S&P500, DAX/NASDAQ, TSLA/NVDA, etc.) Fully configurable - change any pair from inputs 📈 Dual Correlation Analysis Long Period (90 bars): Identifies historically strong correlations Short Period (6 bars): Detects recent breakdowns Pearson Correlation using Pine Script v6 native functions 🎨 Intuitive Visualization Real-time table with 6 information columns Color coding: Green (correlated), Red (broken), Gray (normal) Visual states: 🟢 OK, 🔴 BROKEN, ⚫ NORMAL 🚨 Smart Alert System Only alerts previously correlated pairs (>80% historical) Detects breakdowns when short correlation <80% Consolidated alert with all affected pairs 🛠️ Flexible Configuration Adjustable Parameters: 📅 Periods: Long (30-500), Short (2-50) 🎯 Threshold: 50%-99% (default 80%) 🎨 Table: Configurable position and size 📊 Symbols: All pairs are configurable Default Pairs: FOREX: INDICES/STOCKS: - GBPUSD vs DXY • SPY vs S&P500 - EURUSD vs GBPUSD • DAX vs S&P500 - EURUSD vs DXY • DAX vs NASDAQ - USDCHF vs DXY • TSLA vs NVDA - GBPUSD vs USDCHF • MSFT vs NVDA - EURUSD vs USDCHF • AAPL vs NVDA - EURUSD vs EURCAD 💡 Practical Use Cases 🔄 Pairs Trading Detects when strong correlations break for: Statistical arbitrage Mean reversion trading Divergence opportunities 🛡️ Risk Management Identifies when "safe" assets start moving independently: Portfolio diversification Smart hedging Regime change detection 📊 Market Analysis Understand underlying market structure: Forex/DXY correlations Tech sector rotation Regional market disconnection 🎓 Results Interpretation Reading Example: EURUSD vs DXY: -98.57% → -98.27% | 🟢 OK └─ Perfect negative correlation maintained (EUR rises when DXY falls) TSLA vs NVDA: 78.12% → 0% | ⚫ NORMAL └─ Lost tech correlation (divergence opportunity) Trading Signals: 🟢 → 🔴: Broken correlation = Possible opportunity Large difference: Indicates correlation tension Multiple breaks: Market regime change
Pine Script® indicator
by didaz
Delorean EMAs NSYNC Bye, Bye, Bye# Delorean EMA Trend Alerts - Multi-Timeframe Edition A Pine Script indicator for TradingView that tracks exponential moving averages (EMAs) across multiple timeframes and generates alerts only when both 1-hour and 4-hour charts agree on the trend direction. As NSYNC says, if the timeframes don't agree, your money will go "Bye, Bye, Bye!" ## Features - Displays 5 EMAs (5, 13, 50, 200, 800 periods) - **Multi-Timeframe Analysis**: Checks both 1H and 4H charts simultaneously - **Trend Agreement Required**: Only signals when BOTH timeframes show the same trend - Detects bullish trends: 50 EMA > 200 EMA > 800 EMA (on both 1H and 4H) - Detects bearish trends: 50 EMA < 200 EMA < 800 EMA (on both 1H and 4H) - **NSYNC Warning**: Orange warning when timeframes disagree - Visual trend signals with up/down arrows (only when timeframes agree) - Background coloring: Green (bullish), Red (bearish), Orange (no sync) - **Status Table**: Shows trend status for each timeframe - Customizable alert conditions - Multiple alert types: Bullish, Bearish, NSYNC Warning, Alignment
Pine Script® indicator
by WillCloutman
[Top] LHAMA Consolidation DetectorIntroducing the Low-High Adaptive Moving Average (LHAMA 🦙), a powerful tool designed to help traders visually distinguish between trending and consolidating market phases. Unlike traditional moving averages that can produce false signals in choppy markets, the LHAMA is engineered to flatten out during periods of consolidation and become more responsive when a clear trend emerges. This indicator's primary function is to act as a "Consolidation Detector." When the LHAMA line goes flat and adopts its "Flat Color," it serves as a clear visual cue that the market is range-bound. Conversely, when the line begins to slope and changes to its Bullish or Bearish color, it signals a potential breakout or the start of a new trend. How It Works The LHAMA is a type of adaptive moving average. Its adaptiveness is derived from a unique calculation that measures market "trendiness." It does this by tracking whether new highs or new lows are being made within a specified lookback period. In a Trending Market: When the price consistently makes new highs or lows, the indicator's responsiveness increases, causing the LHAMA to track the price much more closely and responsively. In a Consolidating Market: When the price is range-bound and fails to make new highs or lows, the responsiveness decreases significantly. This causes the LHAMA to flatten out and become less sensitive to minor price fluctuations, effectively filtering out market noise. Key Features Adaptive Calculation: The core engine of the indicator, which automatically adjusts its smoothing based on trend strength. Slope-Based Coloring: The line's color dynamically changes based on its slope, providing an at-a-glance view of market conditions: bullish, bearish, or flat. Multi-Line & Multi-Timeframe (MTF): You can enable up to six fully customizable LHAMA lines. Each line can be configured with its own length, colors, and can even be set to a different timeframe, allowing for comprehensive multi-timeframe analysis on a single chart. Volatility Clouds: Each LHAMA can display an optional cloud around it. The cloud's width is based on your choice of either the Average True Range (ATR) or Standard Deviation (StdDev), offering a visual representation of volatility. Volume Weighting: An option to incorporate volume into the adaptive calculation, making the LHAMA even more responsive during high-volume price movements. How to Use Identify Consolidation: The primary use case. A flat and consistently colored LHAMA line is a strong indication of a sideways or consolidating market. This can help traders avoid taking trend-following trades in choppy conditions. Confirm Trends: When the LHAMA begins to slope upwards or downwards and changes to its trend color, it can be used to confirm the direction and strength of a new trend. The steeper the slope, the stronger the momentum, and more solid the directional color. Dynamic Support & Resistance: Like other moving averages, the LHAMA can act as a dynamic level of support in an uptrend or resistance in a downtrend. The optional cloud can further define these zones. Multi-MA Ribbon Strategy: By enabling multiple LHAMAs with different lengths (e.g., Fibonacci sequence like 14, 21, 34, 55), you can create a ribbon. The expansion of the ribbon indicates a strong trend, while its contraction signals a weakening trend or consolidation. Settings Explained Enable 🦙 Line: A simple checkbox to turn each of the six LHAMA lines on or off. Length: The lookback period for the LHAMA calculation. Shorter lengths are more responsive, while longer lengths are smoother. Timeframe: Set a specific timeframe for each LHAMA. Leave blank to use the chart's current timeframe. Volume Weight: If checked, adds volume weighting to make the LHAMA more responsive to high-volume moves. Colors (Bullish, Bearish, Flat): Customize the colors for each market state. To only see the line during consolidation, set the Bullish and Bearish colors to 100% transparency. To hide the line during consolidation, set the Flat color to 100% transparency. Color Sensitivity: This is a crucial setting. Because price scales (tick sizes) vary widely between symbols, this setting allows you to adjust the sensitivity of the slope detection. A lower value requires a steeper slope to trigger a trend color, while a higher value is more sensitive. Recommended settings are provided in the input tooltip as a starting point: $5 Tick: 0.25 Sensitivity $1 Tick: 0.75 Sensitivity $0.25 Tick: 3 Sensitivity $0.01 Tick: 50 Sensitivity $0.005 Tick: 100 Sensitivity Cloud Settings: Show Cloud: Toggles the visibility of the volatility cloud around the LHAMA. Width Based On: Choose between "ATR" or "StdDev" to calculate the cloud's width. Cloud Length & Width: Set the lookback period and multiplier for the ATR/StdDev calculation to control the size of the cloud.
Pine Script® indicator
by TopTradesUA
Session Anchors – DEMOThis indicator highlights the four major trading sessions: London, New York AM, New York PM, and Asia using color-coded boxes directly on the chart. It is designed to help traders identify the most active and relevant time zones, enhancing price action analysis and liquidity interpretation. ✅ Fully customizable: enable/disable individual sessions ✅ Adjustable color settings for each session 🔒 This is a DEMO version, showing only session time zones, excluding session-based key levels (available in the private version). ℹ️ To use: add the indicator to your chart, select which sessions to display, and customize colors as needed. ⚠️ Works on all timeframes.
Pine Script® indicator
by theunlockedtrading
Horas inicio velas 4HThis indicator highlights the start of every 4-hour candle across all intraday timeframes. It places a vertical line and an optional label displaying the exact opening time (e.g., "08:00", "12:00") at each 4H interval. It helps traders quickly identify 4-hour blocks for intraday analysis, strategy alignment, or timing entries around higher timeframe levels. Customizable features include: Line color Label visibility and style Perfect for traders who work with multi-timeframe strategies and want to track key 4-hour zones visually on lower timeframes like 5m, 15m, or 1h.
Pine Script® indicator
by ingmauricioreyes23
Candle Ghosts: MTF 3 Candle Viewer by Chaitu50cCandle Ghosts: MTF 3 Candle Viewer helps you see candles from other timeframes directly on your chart. It shows the last 3 candles from a selected timeframe as semi-transparent boxes, so you can compare different timeframes without switching charts. You can choose to view candles from 30-minute, 1-hour, 4-hour, daily, or weekly timeframes. The candles are drawn with their full open, high, low, and close values, including the wicks, so you get a clear view of their actual shape and size. The indicator lets you adjust the position of the candles using horizontal and vertical offset settings. You can also control the spacing between the candles for better visibility. An optional EMA (Exponential Moving Average) from the selected timeframe is also included to help you understand the overall trend direction. This tool is useful for: Intraday traders who want to see higher timeframe candles for better decisions Swing traders checking lower timeframe setups Anyone doing top-down analysis using multiple timeframes on a single chart This is a simple and visual way to study how candles from different timeframes behave together in one place.
Pine Script® indicator
by chaitu50c
📊 Bot-Activated Signal OverlayWest Coast SPECS is an automated signal intelligence bot designed to capitalize on macro themes—especially weak-dollar rotations across sectors like commodities, energy, gold, and emerging markets. 🔍 What It Does Scans small-cap tickers (<$2B market cap) for high-probability entries Detects RSI and Stochastic divergence with volume confirmation Integrates options flow intel (Volume ≥ 2× Open Interest) Filters signals by trend alignment using 10, 50, and 200-day MAs Exports signals for TradingView overlays, Google Sheets, and Discord alerts ⚙️ Signal Engine Custom Python logic pulls real-time price and options data and runs multi-layered filters: Liquidity checks via volume spikes Momentum alignment (MA crossovers, price zones) Bullish or Bearish classification with sector tags 📡 Bot Deployment 🔗 Webhook-ready Flask server 🤖 Discord bot (!scan command) posts daily signals into your channel 📤 Pine Script overlay visualizes confirmed setups in TradingView 📈 Optional Streamlit dashboard tracks DXY, sector ETFs, and macro rotation 🎯 Strategy Focus West Coast SPECS thrives on: Dollar downtrends Commodity surges Rotation into under-the-radar small caps with momentum This isn't just a bot—it's your tactical macro wingman with surgical market entry logic. Built for traders who want precision, context, and speed.
Pine Script® indicator
by saking8537
Multi Timeframe 50EMA CloudDescription: The Multi Timeframe 50EMA Cloud is a powerful tool for multi-timeframe trend analysis. This indicator allows you to display the 50-period Exponential Moving Average (EMA) and its volatility "cloud" from several higher timeframes directly on any chart. Features: * See the 50EMA cloud from multiple timeframes at once: 15m, 1H, 4H, and 1D. * Flexible controls: Easily turn each timeframe’s cloud on or off in the settings - overlay as many as you want. * Distinct colors: Each timeframe has customizable colors for its EMA line, cloud and borders to keep your chart clear and organized. * Universal perspective: Great for identifying higher timeframe support and resistance, confluence zones and market structure without switching charts. How it works: Each enabled EMA cloud is plotted with a band above and below the EMA line, showing ± one-quarter standard deviation (stdev) of price. This "cloud" highlights short-term volatility around the higher timeframe EMA, making it easier to spot dynamic support, resistance and trend strength. Best for: * Day traders and swing traders who want to track key EMAs from multiple timeframes on a single chart * Identifying multi-timeframe confluence, trend direction and volatility zones Tip: Try overlaying the 15m, 1H, and 4H EMA clouds on lower timeframe charts (e.g., 1m, 5m, or 15m) for deeper market insight and better trade timing. ⚠️ Important Notice This tool is provided for educational and informational purposes only . It is designed to assist in technical analysis learning and visual chart study. It is not intended to be used as financial advice, a buy/sell signal, or any form of investment recommendation . By using this indicator, you acknowledge that all actions you take are your own and you assume full responsibility for any decisions made.
Pine Script® indicator
by Marketoolkit
Trend Buy/Sell Fibonacci Range - KLTThe Trend Buy/Sell Fibonacci Range – KLT indicator identifies bullish and bearish trends based on where the closing price is located within a Fibonacci range calculated from the last N candles (default is 10). Instead of analyzing individual candles, this tool takes a broader view of price action using Fibonacci retracement levels across a dynamic multi-candle range. How It Works: Range Calculation The indicator calculates the highest high and lowest low over the last N candles to define the active price range (default: 10 bars). Fibonacci Levels Within this range, Fibonacci levels (0.236, 0.382, 0.5, 0.618, 0.786) are dynamically computed. These levels act as internal thresholds to evaluate bullish or bearish pressure. Trend Identification (via Close Position): If the closing price is above the 0.618 level, it indicates strong buy pressure → the candle turns green and an upward triangle appears. If the closing price is below the 0.382 level, it suggests strong sell pressure → the candle turns red and a downward triangle is displayed. If the close lies between 0.382 and 0.618, the market is considered neutral, and the candle is gray. Visual Elements: Colored candles to immediately spot trend conditions. Triangle signals (optional) for clear Buy/Sell markers. Fibonacci level lines plotted on the chart for full context (can be toggled on/off). Customization Options: Lookback period (number of candles to calculate the range) Fibonacci threshold levels (upper/lower) Show/hide arrows and Fibonacci lines Why Use This Indicator? This tool is perfect for traders who want a simple visual method to assess trend strength based on price structure, not indicators derived from lagging moving averages. It offers: Cleaner market structure analysis Objective trend zones Customizable sensitivity Recommended Use: Works well in conjunction with support/resistance zones, volume, or momentum indicators. Applicable to any asset class or timeframe. Credits: Developed by KLT, combining structure-based logic with Fibonacci precision.
Pine Script® indicator
by KeyLevelsTrading-KLT
Multiple EMAsThis TradingView indicator allows you to display six EMAs (Exponential Moving Averages) on your chart, all based on a single, user-defined timeframe, regardless of the chart’s current timeframe. - Set a specific timeframe (e.g., 4h, 1h, D) for all EMAs using the tf input. - Six EMA Lengths - Each EMA has its own customizable length (default: 21, 50, 100, 200, 300, 400). - Timeframe Independence - All EMAs are calculated using request.security, so they appear based on the selected timeframe even if you're viewing a smaller or larger chart timeframe.
Pine Script® indicator
by S_11062000
15m EMA 50 CloudDescription: The 15m EMA 50 Cloud is a simple but powerful tool designed for scalpers and intraday traders who hunt for low timeframe patterns while staying anchored to higher timeframe trend context. This indicator displays the 50-period EMA and its volatility cloud from the 15-minute chart on any timeframe - including 1m, 3m, or 5m. The cloud adapts dynamically and remains visible even when you zoom into lower timeframes, helping you instantly see whether price is trading above, below or within the 15m trend structure. Features: * Plots the 15-minute 50 EMA Cloud on any chart, regardless of your selected timeframe. * Cloud width is based on 15m price volatility (standard deviation), inspired by the popular "Traders Reality" indicator. * Option to enable or hide the EMA line for a cleaner look. * Customizable colors for the cloud fill, border, and EMA line. * Works with all markets and all symbols. How to Use: * Perfect for scalpers who want to spot micro patterns (e.g., on 1m or 3m charts) while keeping the 15m EMA cloud as a visual "road map". * Use the cloud as a dynamic support/resistance zone or to define higher timeframe trend bias. * Combine with your favorite price action or orderflow setups for multi-timeframe confluence. Settings: * Toggle EMA line ON/OFF. * Adjust cloud and border colors for your chart style. For educational purposes only. This indicator does not provide financial advice or signals. Always use proper risk management. ⚠️ Important Notice This tool is provided for educational and informational purposes only . It is designed to assist in technical analysis learning and visual chart study. It is not intended to be used as financial advice, a buy/sell signal, or any form of investment recommendation . By using this indicator, you acknowledge that all actions you take are your own and you assume full responsibility for any decisions made.
Pine Script® indicator
by Marketoolkit
SMCX Morning Signal (v6) - Previous Day Confirmed (non-repaint)Paints (no repaint) either a buy or not buy signal for every day based on 3 conditions that pretty accurately predict a green candle day, and it's been tested accurate on just about anything. The 3 conditions are price above 4 hour vwap, price above 8 hour vwap, and 4 hour rvol > 1. We can change the title but I labeled it SMCX morning signal because I was originally trying to shark big moves for SMCX, but then when I got the indicator to work, I saw how rare a green signal was, which I suppose it should be, I needed to backtest it across a wide range of stocks and ETFs. The results were incredible (have stats in a spreadsheet that ranks which leveraged ETFs I should check a signal for by day of the week). Would be great to have this officially published. We could call it VWAP and RVOL market structure confirmation signal.
Pine Script® indicator
by jimwolsten40
1