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Smooth Accelarating RSISmooth Accelerating RSI (SA RSI) | MisinkoMaster Smooth Accelerating RSI is a refined long-term momentum oscillator designed to deliver smoother RSI behavior while preserving the ability to react when momentum begins to accelerate. The indicator focuses on reducing noise typically found in standard RSI calculations while maintaining responsiveness during meaningful trend transitions. This makes it particularly suitable for traders who prefer longer-term structure analysis or want cleaner signals across volatile markets. Key Features Smoother, longer-term RSI behavior compared to standard RSI Momentum acceleration component for faster reaction to trend changes Multiple moving average types supported for flexible smoothing behavior Configurable trend and value-zone thresholds Visual trend labeling and colored candles for intuitive reading Divergence-style momentum histogram for shift detection Adaptive smoothing to balance responsiveness and stability How It Works The indicator builds on traditional RSI logic but introduces layered smoothing and acceleration techniques to improve stability while preserving responsiveness. Instead of relying on a single smoothing pass, the oscillator blends multiple smoothing layers and applies adaptive acceleration logic. This allows the RSI to remain calm during consolidation yet react quickly when momentum begins to expand. An additional momentum change component highlights acceleration or deceleration phases, helping traders detect potential trend continuation or exhaustion. The result is an RSI variant that behaves more smoothly over longer horizons while still adapting when market momentum shifts. Inputs Overview Source — Selects the price source used in RSI calculations RSI Length — Controls the primary RSI calculation period Smooth Accelerating Length — Controls final smoothing and acceleration responsiveness MA Type — Selects which moving average method is applied throughout calculations ALMA Offset & Sigma — Parameters used only when ALMA smoothing is selected Upper Threshold — Level signaling bullish trend bias Lower Threshold — Level signaling bearish trend bias Overbought Threshold — Defines potential exhaustion zones on the upside Oversold Threshold — Defines potential exhaustion zones on the downside Usage Notes Designed for smoother, longer-term momentum tracking Suitable for traders preferring fewer but more stable signals Momentum histogram helps identify acceleration or weakening trends Threshold crossings can indicate directional shifts Overbought and oversold zones may help locate pullback opportunities Works best when combined with price action or confirmation tools Always test parameters according to asset volatility and timeframe Summary Smooth Accelerating RSI provides a calmer and more structured alternative to standard RSI while preserving the ability to detect meaningful momentum changes. It is well suited for traders seeking cleaner long-term signals without losing awareness of emerging trend acceleration.
Pine Script® indicator
by MisinkoMaster
Forecast Trend Filter ~ CharonQuantThe Forecast Trend Filter (FTF) is a trend and momentum confirmation indicator built on the original Forecast Oscillator concept developed by Tushar Chande. The original Forecast Oscillator measures how far price deviates from a linear regression forecast to highlight momentum shifts. This version extends that foundation and restructures it into a practical, signal-quality focused trend filter designed for real trading conditions. What’s different in this implementation: • Forecast Oscillator combined with slope confirmation to ensure momentum is accelerating, not stalling • Trend alignment filter using a user-selectable moving average (SMA, EMA, WMA, HMA, ALMA, VWMA) • Minimum deviation threshold to filter out weak or noisy signals • Directional state logic that clearly defines bullish, bearish, or neutral conditions • Visual trend context using adaptive colors, background bias, and overlay plots Signals are only generated when all conditions align: • Price deviates meaningfully from its linear regression forecast • Oscillator slope confirms momentum continuation • Deviation exceeds the minimum quality threshold • Price is aligned with the higher-level trend filter If one condition fails, the signal is ignored. This design prioritizes signal quality over signal frequency. Development and usage notes: This indicator was developed and calibrated on the 1D INDEX:ETHUSD chart. You must tweak the parameters to fit your market, timeframe, and trading style. If you do not read this description or do not understand what the indicator is designed to do, do not use it. Indicators amplify both discipline and mistakes. Important reminder: No single indicator is sufficient on its own.
Pine Script® indicator
by CharonQuant
For Loop THMA ~ CharonQuantThe For Loop THMA is a trend classification and momentum confirmation indicator designed to measure directional strength through relative price dominance, not raw crossings. This indicator blends a Triple Hull Moving Average structure with a for-loop comparison engine and multiple trend quality filters to reduce noise and false signals. Concept Overview The core idea behind this indicator is simple: Instead of asking “did price cross a line?”, it asks “How often is the price stronger than its recent past?” By looping over previous THMA values and comparing them to the current value, the indicator builds a directional score that reflects internal momentum and persistence. This approach allows trends to be evaluated statistically rather than emotionally. Indicator Components The For Loop THMA is composed of four layers: • Triple Hull Moving Average (THMA) as the smoothed price backbone • For-loop counter to quantify relative dominance over a lookback window • EMA trend filter to align signals with higher-timeframe bias • ADX + DMI filter to ensure sufficient trend strength Signals are only produced when all components align. For-Loop Logic The for-loop compares the current THMA value to its past values over a user-defined range. Each comparison increments or decrements a counter, producing an oscillator that reflects bullish or bearish pressure. Optional weighting can be enabled to give more importance to recent price action. This counter becomes the primary decision engine of the indicator. Visual Interpretation • The oscillator displays the strength and direction of the trend • Threshold lines define bullish and bearish regimes • Bar coloring reflects the active trend state • Color intensity adapts to directional confidence Credits and Inspiration This indicator is inspired by and builds upon: • THMA ~ CharonQuant • For Loop MA Indicator from CraftMan18 Development and usage notes: You must tweak the parameters to fit your market, timeframe, and trading style. If you do not read this description or do not understand what the indicator is designed to do, do not use it. Indicators amplify both discipline and mistakes. Important reminder: No single indicator is sufficient on its own.
Pine Script® indicator
by CharonQuant
ronyImran Rony is an advanced based binary trading indicator designed to deliver high-accuracy CALL & PUT signals on short timeframes. It uses RSI volatility with TMA deviation channels to identify overbought and oversold market conditions, while the optional EMA Trend Force filter helps avoid counter-trend trades and improves overall signal quality. All signals are non-repainting and confirmed after candle close. The indicator also features a real-time performance dashboard displaying Win Rate, total Wins & Losses, current Trend direction, and active signal status, allowing traders to monitor performance directly on the chart. Best suited for Binary Options trading on 1M–5M timeframes, including OTC and Forex pairs. ⚠️ This indicator is for technical analysis only. Always use proper risk management. This Code Made by Imran Rony Telegram : @Imran_755
Pine Script® indicator
by imranrony888
VIX-Market Stress & Volatility OscillatorVIXATA is a specialized sentiment tool designed to transform raw VIX data into a structured oscillator. By using fixed threshold levels, it identifies specific zones of market "complacency" and "extreme panic," helping traders spot potential market reversals with higher precision. Technical Logic & Levels Unlike standard VIX charts, VIXATA focuses on key psychological and technical levels to categorize market stress: Level 20 (Green Dashed Line): The "Confidence Zone." Indicates a stable market where risk appetite is generally high. Level 25-30 (Yellow/Orange Zones): The "Caution Zone." Volatility is rising, suggesting that the market is becoming unsettled. Level 30 (Red Solid Line): The "High Stress" threshold. Historically, when VIXATA crosses this line, market fear is significant. Level 40+ (Purple Solid Line): The "Extreme Panic" zone. These peaks often correlate with major price capitulations and long-term bottoming signals.
Pine Script® indicator
by UsulAta
Fibonacci Pivot OscillatorFIB PIVOT OSCILLATOR - Price Position Indicator See exactly WHERE your price sits between Fibonacci pivot levels. This oscillator normalizes price position relative to classic Pivot Points, giving you a clear view of market structure. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📊 WHAT DOES IT DO? Instead of cluttering your chart with multiple pivot lines, this indicator displays a single oscillator showing WHERE price is within the pivot range. Instantly see if price is in support or resistance territory. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚙️ HOW IT WORKS 1. Calculates Standard Pivot Point from previous period: Pivot = (High + Low + Close) / 3 2. Applies Fibonacci ratios to determine Support/Resistance levels: • R1/S1 = Pivot ± (Range × 38.2%) • R2/S2 = Pivot ± (Range × 61.8%) • R3/S3 = Pivot ± (Range × 100%) 3. Normalizes current price position on a fixed scale: • +100 = Price at R3 (100% Fib extension) • +61.8 = Price at R2 • +38.2 = Price at R1 • 0 = Price at Pivot Point • -38.2 = Price at S1 • -61.8 = Price at S2 • -100 = Price at S3 4. Adds a 9-period EMA signal line for momentum confirmation ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🎯 SIGNALS - BUY: Price crosses ABOVE the Pivot (oscillator crosses above 0) - SELL: Price crosses BELOW the Pivot (oscillator crosses below 0) - Optional: Display all Fibonacci level crossings ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📈 HOW TO USE - Oscillator > 0 → Price in RESISTANCE zone (bullish bias) - Oscillator < 0 → Price in SUPPORT zone (bearish bias) - Extreme values (±100) → Price at major Fib levels, watch for reversals - Histogram color intensity reflects momentum strength - Use signal line crossovers for additional confirmation ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚙️ SETTINGS - Period: Daily, Weekly, or Monthly pivot calculation - Display: Toggle histogram, position line, zones, info table - Signals: Show/hide BUY/SELL and secondary Fib crossings ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🔔 ALERTS INCLUDED - Pivot crossover (main BUY/SELL) - R1, R2, R3 breakouts - S1, S2, S3 breakdowns
Pine Script® indicator
by ReiConcept
1D % Change (Histogram)1D % Change Histogram (Daily-Anchored) Description This indicator plots the 1-day percent change as a histogram above/below the zero line. It includes 3 calculation modes: • Last vs Prev Close: compares the latest available price to the prior daily close (useful for an “in-progress” daily change on intraday charts). • Close vs Prev Close: classic daily close-to-close change (stable per day). • Close vs Open: session move for the day (open-to-close). The logic is anchored to the Daily timeframe, so you can view it on 5m/15m/1H charts while keeping a consistent “1D” reference. How to use: • Want a live-updating read on intraday charts? Use Last vs Prev Close. • Want clean day-by-day comparisons? Use Close vs Prev Close. • Want a session “push” metric? Use Close vs Open. Notes • Green bars when value is ≥ 0, red bars when < 0. • Optional zero line and last-value tag. • Can run on the chart symbol or a user-selected symbol. Limitations • Different data feeds may define “price” differently (last/close/settle), so values can vary across providers. • In Last vs Prev Close mode the value updates intraday (expected behavior). Disclaimer This script is for educational and informational purposes only. It is not financial advice and does not provide buy/sell signals or entry/exit recommendations. Use at your own risk and always verify with your own data.
Pine Script® indicator
by Yesid_Correa_Cano
Aroon🎯Overview Aroon → is a beautifully visualized trend detection indicator that measures the strength and direction of market trends using the Aroon oscillator. It provides clear signals for identifying trend beginnings, strength, and potential reversals. Key Features 📊 Dual Component Analysis Aroon Up: Measures time since highest high within the specified period Aroon Down: Measures time since lowest low within the specified period Aroon Average: The difference between Aroon Up and Aroon Down (oscillator) 🎨 Customizable Visualization 5 Color Themes: Choose from Classic, Modern, Robust, Accented, or Monochrome Visual Fill Areas: Color-coded overbought/oversold zones Clear Labels: Direct labeling of both Aroon lines for easy reading 📈 Trend Detection System Cross Signals: Bullish when Aroon Up crosses above Aroon Down Bearish Signals: Bearish when Aroon Up crosses below Aroon Down Trend Strength: The spread between lines indicates trend strength How It Works Indicator Logic Aroon Up = × 100 Aroon Down = × 100 Aroon Average = Aroon Up - Aroon Down (oscillator between -100 and +100) Trend Signals: Generated when the two lines cross Interpretation Guidelines Strong Uptrend: Aroon Up near 100, Aroon Down near 0 Strong Downtrend: Aroon Down near 100, Aroon Up near 0 Consolidation: Both lines moving together below 50 Trend Beginning: Lines diverging after being close together Trend Reversal: Lines crossing each other Display Options Visual Components Aroon Lines (optional): Show individual Up/Down lines Aroon Average (optional): Show the oscillator with fill zones Background Highlights: Color background on crossover signals Summary Table: Large text showing current trend direction Color Themes Classic: Green/Red (traditional) Modern: Teal/Purple (contemporary) Robust: Gold/Burgundy (bold) Accented: Purple/Pink (vibrant) Monochrome: Gray/Charcoal (subdued) Trading Applications Entry Signals Long Entry: Aroon Up crosses above Aroon Down Short Entry: Aroon Up crosses below Aroon Down Trend Confirmation: Use with price action for validation Trend Analysis Trend Strength: Distance between lines indicates momentum Trend Maturity: Line levels show how old the trend is Range Identification: Both lines low indicates consolidation Customization Settings Aroon Configuration Length: Default 6 periods (adjustable) Show Lines: Toggle Aroon Up/Down lines Show Average: Toggle Aroon oscillator display Color Theme: Choose from 5 visual styles Alert System Cross Alerts: Notifications for bullish/bearish crossovers Custom Messages: Includes ticker symbol in alert messages Benefits for Traders 📊 Clear Trend Identification Visual representation of trend strength and direction Easy-to-spot crossovers for potential entries Multiple display options for different trading styles 🎯 Versatile Application Works on all timeframes Suitable for all markets (stocks, forex, crypto) Can be combined with other indicators for confirmation ⚡ Practical Features Real-time alerts for crossovers Clean, uncluttered visualization Customizable to match your chart aesthetics Large trend direction display for quick assessment Perfect for trend-following traders who want a clear, visual indicator that identifies both trend direction and strength without complex calculations. The Aroon indicator is particularly effective at spotting new trends early and identifying when trends are weakening or reversing.
Pine Script® indicator
by Tiagorocha1989
Brahmastra Moving Average ADX🔱 BRAHMASTRA MOVING AVERAGE ADX 🔱 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ A precision trend detection system that fuses the Average Directional Index (ADX) with a dynamic Weighted Moving Average (WMA) to deliver crystal-clear trend signals. █ HOW IT WORKS ━━━━━━━━━━━━━━ This indicator analyzes both TREND STRENGTH (via ADX) and TREND DIRECTION (via +DI/-DI) to color-code the moving average: 🟢 GREEN MA = Strong Uptrend (ADX > threshold + Bullish bias) 🔴 RED MA = Strong Downtrend (ADX > threshold + Bearish bias) ⚫ GRAY MA = Ranging/Weak Trend (ADX below threshold) █ KEY FEATURES ━━━━━━━━━━━━━━ ✅ ADX-Based Trend Confirmation - Only signals when trend strength is confirmed ✅ Color-Coded WMA - Instantly identify trend direction at a glance ✅ Buy/Sell Signals - Visual markers on trend reversals ✅ Real-Time Info Panel - Live ADX, +DI/-DI values, and trend status ✅ Customizable Visuals - Adjust colors, line width, and fill zones ✅ Built-In Alerts - Get notified on trend changes █ SETTINGS ━━━━━━━━━━ - DI Length (default: 14) - Period for +DI/-DI calculation - ADX Smoothing (default: 14) - Smoothing period for ADX - ADX Trend Threshold (default: 18) - Minimum ADX to confirm trend - MA Length (default: 9) - Period for the Weighted Moving Average █ HOW TO USE ━━━━━━━━━━━━ 1. TREND TRADING: Enter long when MA turns GREEN, short when RED 2. RANGE FILTER: Avoid trades when MA is GRAY (ranging market) 3. CONFIRMATION: Use the info panel to verify ADX strength before entry 4. ALERTS: Set up alerts to catch trend changes automatically █ BEST TIMEFRAMES ━━━━━━━━━━━━━━━━━ Works on all timeframes. Recommended: 15M, 1H, 4H, Daily █ CREDITS ━━━━━━━━━ Developed by Brahmastra Trading Systems Inspired by the legendary ADX indicator by J. Welles Wilder Jr. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 💡 Like & Follow for more premium indicators!
Pine Script® indicator
by StockEngineering
bezgincan_WPNR Momentum & Volatility Nexus 256 [v6]WPNR Nexus 256: Multi-Factor Macro Cycle Oscillator Overview The WPNR Nexus 256 is a high-performance hybrid oscillator designed for macro-trend analysis. It integrates a custom Weighted Percentile Nearest Rank (WPNR) algorithm with Momentum (RSI) and Volatility filters. By utilizing a 256-period lookback—often associated with a full trading year of data—it filters out market noise and identifies significant cyclical shifts in price action. The Methodology Unlike standard Percentile Rank indicators that treat all historical data points equally, the WPNR Nexus applies a logarithmic decay weight. This means recent price ranks have a higher impact on the current value than older ones, effectively reducing the inherent "lag" found in long-period oscillators. Weighted Percentile (WPNR): Ranks the current close against the last 256 bars using a distance-weighted approach. Momentum Fusion: Merges the WPNR value with RSI to ensure that price strength confirms the statistical ranking. Volatility Awareness: Incorporates ATR-based normalization to distinguish between "trending volatility" and "range-bound noise." Key Features V6 Optimized: Written in the latest Pine Script™ v6 for maximum calculation efficiency and lower chart latency. Macro Perspective: Designed specifically for 256-period analysis to capture institutional-grade market cycles. Visual Intelligence: The indicator features a dynamic "Aura" effect. The color transitions between Vibrant Red (Overbought), Emerald Green (Oversold), and Neutral Gray based on momentum saturation. Signal Precision: Includes built-in Triangle labels for Overbought/Oversold crossovers, helping to identify potential exhaustion points. How to Read the Chart The 50 Level: Acts as the "Equilibrium Line." Values sustaining above 50 indicate a dominant Bullish Macro Cycle, while values below 50 indicate a Bearish Macro Cycle. Exhaustion Zones (80/20): When the line enters the dotted boundary areas and changes color, it signals that the current trend is reaching a statistical extreme. Cross Signals: Look for the "Triangle" shapes. A green triangle rising from the 20 level suggests a high-probability cyclical bottom. Settings WPNR Period: Defaulted to 256 for macro analysis. Can be lowered for day-trading. Weight Factor: Adjusts how aggressively the script favors recent data over older data. Smoothing: A 5-period EMA filter to provide a clean, tradable signal line.
Pine Script® indicator
by mehmetbezgincan
Macro Clock Overlap 166/186/208) Anchored (v6)Macro Clock Overlap is a time-based market structure overlay designed to visualize cyclical pressure zones created by the interaction of three independent macro clocks: 166 weeks — Momentum / expansion cycle (anchored to a major weekly RSI peak) 186 weeks — Capitulation / contraction cycle (anchored to a weekly RSI < 30 trough) 208 weeks — Bitcoin halving cycle (protocol-defined supply shock) Rather than attempting to predict price, this indicator highlights periods of structural instability where multiple cycles overlap — conditions that historically coincide with increased volatility, regime shifts, and non-linear market behavior. How it works Each cycle is projected forward and backward from a fixed anchor date. Around each projected event, a configurable time window (± weeks) is applied. For every bar, the script computes an Overlap Score (0–3): 0 — No active macro cycles 1 — Single cycle influence 2 — Reinforced cycle overlap (heightened instability) 3 — Rare full convergence (maximum structural stress) The background shading reflects the current overlap score, and optional vertical lines mark projected cycle events for each clock. What this indicator is (and isn’t) ✔ A probabilistic timing framework ✔ A way to identify volatility expansion and transition zones ✔ Useful for risk management, position sizing, and expectation setting ✘ Not a price prediction tool ✘ Not a buy/sell signal generator ✘ Not curve-fitted to price action This tool is best used in conjunction with price structure, trend, and momentum analysis. Customization Anchor dates can be adjusted from the settings panel Cycle lengths and window sizes are fully configurable Visuals (background shading, vertical lines, table) can be toggled on/off Designed for weekly charts, but works on any timeframe with macro intent. Philosophy Markets are not governed by a single clock. They evolve through the interaction of multiple rhythms — internal momentum, stress accumulation, and external shocks. Macro Clock Overlap makes those rhythms visible.
Pine Script® indicator
by Scriggity
FUERZA TEOADX FUERZA TEO is a trend-strength indicator based on the classic Average Directional Index (ADX) developed by J. Welles Wilder, enhanced with dynamic logic, visual clarity, and actionable signals. This indicator not only measures trend strength, but also identifies: Directional bias using +DI and -DI Range vs trend conditions Weak vs strong trend entries Trend exhaustion and exits 🔹 How it works ADX (main line) shows the strength of the trend. +DI and -DI define bullish or bearish dominance. Two key levels: Range Level: detects low-strength, ranging markets. Trend Level: confirms strong and healthy trends. Colors adapt automatically to market conditions: Green tones → bullish pressure Red tones → bearish pressure Orange → ranging / low-strength market 🔔 Signals & Alerts Weak Trend Entry: early trend continuation. Strong Trend Entry: high-confidence trend momentum. Trend Exit: loss of strength or DI crossover. Fully customizable alerts for all signals. ✅ Best use Ideal for: Trend-following strategies Filtering false breakouts Multi-timeframe analysis Forex, indices, crypto, and CFDs ⚠️ This indicator is for educational purposes only and should be used as part of a complete trading plan and risk management strategy.
Pine Script® indicator
by MateomirandaTrader
Stochastic Momentum Index - SMI🎯 Overview This is a Stochastic Momentum Index (SMI) indicator that combines stochastic momentum with moving average smoothing to identify trend direction and momentum strength in financial markets. The SMI measures where the current price closes relative to the midpoint of its recent trading range, providing enhanced sensitivity to price momentum. 🧩 Core Components 1. ⚙️ Technical Foundation 📊 Primary Calculation: Uses TradingView's built-in ta.stoch() function 📈 Range-Based: Compares closing price to high-low range over specified period 🎯 Scale: Oscillates between 0-100 with 50 as neutral midpoint 2. 🎛️ Configuration Parameters 📏 SMI Length: Default 101 periods (long-term smoothing) 📊 Source Price: Customizable (default = Close) 📈 MA Length: 30-period moving average applied to SMI 🔄 MA Type: 6 options (EMA, SMA, RMA, WMA, VWMA, HMA) 🎨 Color Themes: 5 visual schemes (Classic, Modern, Robust, Accented, Monochrome) 📈 Signal Interpretation: 🟢 BULLISH: SMI > 50 (price closing in upper half of range) 🔴 BEARISH: SMI < 50 (price closing in lower half of range) 🎯 Neutral Zone: Around 50 indicates balanced momentum 👁️ Visual Features 📈 Signal Line (MA): Yellow moving average of SMI Smooths momentum for clearer trend identification 🎯 Reference Lines: 50-level midpoint (white dashed line) 0-100 scale boundaries 🎨 Fill Zones: 🟢 Upper Zone : Bullish momentum area 🔴 Lower Zone : Bearish momentum area Gradient fills enhance visual clarity 📋 Dashboard Display: Content: "⬆️ Bullish" or "⬇️ Bearish" indicator Purpose: Quick market bias assessment ⚡ Trading Applications 📈 Primary Uses: 🎯 Trend Identification SMI > 50 = Uptrend momentum SMI < 50 = Downtrend momentum 📊 Momentum Strength Values near 100 = Strong bullish momentum Values near 0 = Strong bearish momentum Values around 50 = Neutral/consolidation 🔄 Mean Reversion Extreme readings (near 0 or 100) may indicate overbought/oversold conditions ⏰ Timeframe Compatibility: 📅 Long-term: 101-period default suits swing/position trading 📊 Medium-term: Adjust lengths for daily/weekly analysis ⚡ Short-term: Reduce periods for intraday trading 🎨 Customization Options 🔄 Moving Average Types: 📉 EMA: Exponential - responsive to recent changes 📊 SMA: Simple - equal weight to all periods 📈 RMA: Relative - TradingView's special moving average ⚖️ WMA: Weighted - emphasizes recent data 💎 VWMA: Volume-weighted - incorporates volume 🚀 HMA: Hull - reduces lag significantly 🎨 Visual Themes: 🎨 Classic: Green/Red (traditional trading colors) 🚀 Modern: Cyan/Purple (modern aesthetic) 💪 Robust: Amber/Deep Purple (high contrast) 🌈 Accented: Purple/Magenta (vibrant) ⚫⚪ Monochrome: Light Gray/Dark Gray (minimalist) 🔔 Alert System 🟢 LONG Alert: Triggers when SMI crosses above 50 🔴 SHORT Alert: Triggers when SMI crosses below 50 📧 Format: Includes ticker symbol for easy identification ⚡ Key Advantages ✅ Strengths: 🎯 Clear Signals: Simple >50/<50 threshold for easy interpretation 📊 Range-Bound: Always oscillates 0-100 (no divergence issues) 👁️ Visual Clarity: Color-coded zones make analysis intuitive 🔄 Customizable: Multiple MA types and visual themes 📱 Professional: Clean, organized display suitable for all traders
Pine Script® indicator
by Tiagorocha1989
Momentum - MOM🎯 Overview This is an advanced Momentum - MOM indicator that measures absolute price change over time, combined with dynamic moving average filtering. Unlike basic MOM implementations, this version features gradient momentum zones, multiple color themes, and a clear signal dashboard for precise price momentum identification. 🧩 Core Components 1. ⚙️ Technical Foundation 📊 Primary Calculation: Uses TradingView's built-in ta.mom() function which calculates absolute price difference between current price and price N periods ago 📈 Dual Analysis Components: MOM Line: Absolute price change oscillator (unbounded range based on price) MA Filter: Customizable moving average acting as momentum baseline Momentum Zones: Gradient fills for strong positive and negative momentum extremes ⚡ Absolute Change Measurement: Unique ability to quantify the actual price movement in points/currency units 2. 🎛️ Configuration Parameters 📏 MOM Length: Default 14 periods (standard momentum setting) 🔄 MA Filter Settings: Length: Customizable (default 365 periods) Type: 6 options available (EMA, SMA, RMA, WMA, VWMA, HMA) 🎨 Color Themes: 5 visual schemes consistent with your indicator suite: Classic, Modern, Robust, Accented, Monochrome 📊 Signal Interpretation: 🟢 BULLISH: MOM > MA Filter (price momentum above baseline) 🔴 BEARISH: MOM < MA Filter (price momentum below baseline) 🚀 STRONG BULLISH: (extreme positive momentum) 📉 STRONG BEARISH: (extreme negative momentum) 3. 🎨 Visual Elements 🚨 Gradient Zones: Strong Bullish zone : Green gradient intensifying toward higher values Strong Bearish zone : Red gradient intensifying toward lower values 📋 Dashboard Display: Top-right status indicator showing "⬆️ Bullish" or "⬇️ Bearish" 📊 Dynamic Coloring: MOM line changes color based on position relative to MA ⚡ Midline Reference: Subtle 50-level reference line for scale orientation ⚡ Trading Applications 📈 Primary Uses: 🎯 Absolute Momentum Measurement: MOM > MA = Bullish price momentum MOM < MA = Bearish price momentum MOM = 0 = No net price change over period 💪 Momentum Strength in Price Terms: Shows actual points/currency gained or lost Useful for position sizing and risk management More intuitive than percentages for some traders 🚨 Extreme Momentum Signals: Extreme Bullish: (major price appreciation) Extreme Bearish: (major price depreciation) 📊 Zone Analysis: 🟢 Strong Bullish Zone : Green gradient fills Indicates substantial price gains over the period Often signals strong trend continuation or potential exhaustion 🔴 Strong Bearish Zone : Red gradient fills Indicates substantial price losses over the period Often signals strong downtrend or potential reversal 🟡 Equilibrium: Yellow MA line acts as momentum baseline filter 🎨 Customization Options 👁️ Display Features: 📊 Dual Components: Always shows both MOM line and MA filter 🎨 Gradient Visualization: Automatic fill for extreme momentum conditions 📋 Status Dashboard: Clear bullish/bearish momentum indication 📈 Customizable MA: Choose from 6 different moving average types 📏 Wide Dynamic Range: ±15,000 levels accommodate various asset price ranges 🎨 Visual Themes: (Consistent suite) 🎨 Classic: Green/Red (traditional momentum colors) 🚀 Modern: Cyan/Purple (contemporary) 💪 Robust: Amber/Deep Purple (high contrast) 🌈 Accented: Purple/Magenta (vibrant) ⚫⚪ Monochrome: Light Gray/Dark Gray (minimalist) 🔔 Alert System 🟢 LONG Alert: Triggers when MOM crosses above MA 🔴 SHORT Alert: Triggers when MOM crosses below MA 📧 Format: Includes ticker symbol for tracking ⚡ Key Advantages ✅ Strengths: 🎯 Price-Based Analysis: Measures actual price movement in understandable units 💪 Absolute Value Interpretation: Shows exact points gained/lost over period 👁️ Clear Trend Momentum: MA filter separates noise from meaningful momentum 🔄 Flexible Across Assets: Works equally well with stocks, crypto, forex, etc. 📊 Professional Dashboard: Immediate momentum status recognition 📊 Optimal Settings: ⚡ Short-term Trading: MOM Length 10-14, MA Length 20-50 📊 Medium-term Trading: MOM Length 14-20, MA Length 50-100 📈 Long-term Trading: MOM Length 20-30, MA Length 100-365 🏆 Unique Features: 🎯 Absolute Price Measurement: Shows exact price change, not percentages 📊 Extreme Thresholds: ±15,000 levels for major momentum identification 🎨 Consistent Design: Matches your indicator family aesthetics 📋 Momentum Dashboard: Quick visual confirmation of price momentum 🔧 Direct Price Analysis: No conversion needed - shows actual market movement 🔄 Trading Strategies 1. Price Momentum Strategy: Go LONG when MOM crosses above MA with positive values Go SHORT when MOM crosses below MA with negative values Strong signals when MA crossover aligns with extreme zones 2. Momentum Divergence: Price makes higher high, MOM makes lower high → Bearish divergence (momentum weakening) Price makes lower low, MOM makes higher low → Bullish divergence (selling pressure decreasing) 3. Trend Strength Assessment: Large positive MOM values = Strong uptrend momentum Large negative MOM values = Strong downtrend momentum MOM near zero = Consolidation or trend change 📈 Performance Tips Asset-Specific Thresholds: Adjust ±15,000 levels based on typical price ranges Zero Line Significance: MOM crossing zero often precedes trend changes Extreme Readings: Very high/low MOM values may indicate exhaustion moves Multiple Timeframes: Compare MOM values across timeframes for confirmation Combine with Volume: Add volume analysis to confirm momentum moves This enhanced Momentum indicator provides professional-grade price-based momentum analysis with intuitive visualization, allowing traders to measure exact price movements, identify momentum trends in absolute terms, and filter signals through the customizable moving average for precise momentum-based trading decisions! 📊📈
Pine Script® indicator
by Tiagorocha1989
Commodity Channel Index - CCI🎯 Overview This is an enhanced Commodity Channel Index (CCI) indicator that transforms the traditional CCI into a centerline-focused momentum tool with moving average smoothing and comprehensive visual enhancements. Unlike standard CCI which uses ±100 levels, this version focuses on the 50-level centerline for clearer trend direction signals. 🧩 Core Components 1. ⚙️ Technical Foundation 📊 Primary Calculation: Uses TradingView's built-in ta.cci() function 📈 Statistical Approach: Measures current price relative to statistical mean 🎯 Scale Modification: Focuses on 50 as neutral (unlike traditional ±100) 📏 Default Length: 55 periods (optimal for medium-term trends) 2. 🎛️ Configuration Parameters 📏 CCI Length: Default 55 periods 📈 CCI MA Length: 30-period moving average 🔄 MA Type: 6 options (EMA, SMA, RMA, WMA, VWMA, HMA) 🎨 Color Themes: 5 visual schemes matching your other indicators 📈 Signal Interpretation: 🟢 BULLISH: CCI > 50 (price above statistical mean) 🔴 BEARISH: CCI < 50 (price below statistical mean) 👁️ Visual Features 📉 Chart Elements: 📊 Main CCI Line: Shows raw CCI momentum 📈 Signal Line (CCI MA): Yellow moving average of CCI 30-period default provides smoothed trend 🎨 Fill Zones: 🟢 Upper Zone : Bullish momentum area 🔴 Lower Zone : Bearish momentum area 📋 Dashboard Display: Content: "⬆️ Bullish" or "⬇️ Bearish" indicator Purpose: Instant market bias assessment ⚡ Trading Applications 📈 Primary Uses: 🎯 Trend Direction Identification CCI > 50 = Uptrend momentum CCI < 50 = Downtrend momentum 📊 Extreme Momentum Detection CCI > 100 = Strong bullish (traditional) CCI < -100 = Strong bearish (traditional) CCI near ±300 = Extreme conditions 🔄 Mean Reversion Opportunities Useful in ranging markets 🎯 Signal Types: 📈 Trend-Following: Stay long when CCI > 50, short when < 50 🔄 Mean Reversion: Fade extreme readings (>100 or <-100) ⚡ Crossover Signals: CCI crossing 50 provides entry/exit points 🎨 Customization Options 🔄 Moving Average Types: 📉 EMA: Exponential - responsive to recent CCI changes 📊 SMA: Simple - smooths CCI equally 📈 RMA: Relative - TradingView's special MA ⚖️ WMA: Weighted - emphasizes recent CCI values 💎 VWMA: Volume-weighted - incorporates volume indirectly 🚀 HMA: Hull - reduces lag on CCI signals 🎨 Visual Themes: (Consistent with your suite) 🎨 Classic: Green/Red (traditional) 🚀 Modern: Cyan/Purple (contemporary) 💪 Robust: Amber/Deep Purple (high contrast) 🌈 Accented: Purple/Magenta (vibrant) ⚫⚪ Monochrome: Light Gray/Dark Gray (minimalist) 🔔 Alert System 🟢 LONG Alert: Triggers when CCI > 50 🔴 SHORT Alert: Triggers when CCI < 50 📧 Format: Includes ticker symbol for portfolio tracking ⚡ Key Advantages ✅ Strengths: 🎯 Clear Centerline Focus: 50-level provides unambiguous trend direction 📊 Statistical Foundation: Based on mean deviation (more robust than simple oscillators) 👁️ Extreme Zone Visualization: ±300 boundaries show momentum extremes 🔄 Versatile Application: Works for both trend-following and mean reversion 📱 Professional Suite: Consistent design with your RSI and SMI indicators ⚡ Optimal Settings: 📈 Trending Markets: 55-period CCI (default) 🔄 Ranging Markets: Shorter periods (20-30) 📊 Volatile Markets: Longer periods (80-100) 📱 Day Trading: 20-period with EMA smoothing 🏆 Unique Features: Statistical Rigor: Based on mean deviation (not just price differences) Wide Range: ±300 scale captures extreme movements Centerline Focus: Clear binary trend signals Visual Harmony: Consistent with your indicator suite design This CCI indicator provides a statistically robust approach to trend identification while maintaining the visual consistency and user-friendly design of your trading suite! 📊✨
Pine Script® indicator
by Tiagorocha1989
Relative Strength Index - RSI🎯 Overview This is an enhanced Relative Strength Index (RSI) indicator for TradingView that combines traditional RSI analysis with a moving average overlay to generate more reliable trading signals ⚡ 🧩 Core Components 1. ⚙️ Indicator Settings 2. 🎛️ Input Parameters A. 🎨 Color Settings: 5 different color themes: 🎨 Classic, 🚀 Modern, 💪 Robust, 🌈 Accented, ⚫⚪ Monochrome Each theme provides distinct bullish/bearish color pairs B. 📊 RSI Configuration: 📏 Length: Default 14 periods 📈 Source: Default close price (customizable) 📊 RSI MA Length: Default 365 periods 🔄 RSI MA Type: 6 options (EMA, SMA, RMA, WMA, VWMA, HMA) C. 📢 Signal Display: ✅ Toggle for Bull/Bear crossover signals 📋 Table display showing current market bias 3. 🧮 Technical Calculations A. 📈 RSI Calculation: Standard RSI formula using ta.rsi() Configurable source and period length B. 📊 RSI Moving Average: Customizable MA type applied to the RSI values Serves as a dynamic signal line Default 365-period EMA smooths long-term trends C. 🔔 Signal Detection: 🟢 isBull_RSI: RSI > RSI_MA (bullish condition) 🔴 isBear_RSI: RSI < RSI_MA (bearish condition) 🟢 Bull: Crossover signal (RSI crosses above MA) 🔴 Bear: Crossunder signal (RSI crosses below MA) 4. 👁️ Visual Elements A. 📉 Main Plots: 📊 RSI Line: Thick line (width 3) colored conditionally based on position relative to its MA 📈 RSI MA Line: Yellow line showing the smoothed RSI 🎯 50-Level Line: Dashed white reference line B. 🎨 Fill Areas: 🟢 Overbought Zone : Filled between RSI and MA 🔴 Oversold Zone : Filled between RSI and MA Colors vary based on selected theme C. 🌈 Background Highlights: Subtle background coloring on bullish/bearish crossover signals D. 📋 Table Display: Shows "⬆️ Bullish" or "⬇️ Bearish" with appropriate coloring 5. 🔔 Alert System 🟢 LONG Alert: Triggers when RSI > RSI_MA 🔴 SHORT Alert: Triggers when RSI < RSI_MA Includes ticker symbol in alert message 🏁 Trading Logic 🎯 Primary Signals: 🟢 Bullish Setup: 📈 RSI crosses above its moving average 📊 RSI remains above MA (continuous bullish condition) 🎨 Visual: Green/theme bull colors, bullish fill areas 🔴 Bearish Setup: 📉 RSI crosses below its moving average 📊 RSI remains below MA (continuous bearish condition) 🎨 Visual: Red/theme bear colors, bearish fill areas ✨ Key Features: 📊 Trend Filter: The RSI MA (365-period) acts as a long-term trend filter ⚡ Momentum + Trend: Combines momentum (RSI) with trend (MA) for higher probability signals 👁️ Visual Clarity: Color-coded elements make market state immediately apparent 🛠️ Customizability: Multiple MA types and color schemes adapt to different trading styles 💻 Code Structure The script is well-organized with clear sections: 🔧 MA function definition ⚙️ Input settings 🧮 Calculations 🎨 Color definitions 📊 Plotting 📋 Table display 🔔 Alert conditions 🎯 Best Use Cases 📈 Trend Following: In trending markets, signals align with the overall direction 🔄 Mean Reversion: In ranging markets, oversold/overbought fills indicate potential reversals ⏰ Multi-Timeframe Analysis: Works well on daily/weekly charts for long-term positioning ✅ Signal Confirmation: Can be combined with other indicators for entry/exit confirmation 🏆 Unique Advantages 🎯 Reduced Whipsaws: Long MA period (365) filters out noise 👁️ Clear Visual Hierarchy: Multiple visual layers convey information efficiently 💼 Professional Presentation: Clean, organized display suitable for sharing 🛠️ Flexible Configuration: Adaptable to different assets and timeframes
Pine Script® indicator
by Tiagorocha1989
Directional Movement Index - DMI🎯 Overview This is a versatile Directional Movement Index (DMI) indicator that provides multiple visualization modes for analyzing trend strength and direction. Unlike traditional DMI displays, this version offers three different viewing options and focuses on DI crossover signals for clear trend identification. 🧩 Core Components 1. ⚙️ Technical Foundation 📊 Primary Calculation: Uses TradingView's built-in ta.dmi() function 📈 Three Core Components: +DI (Positive Directional Indicator): Measures upward movement strength -DI (Negative Directional Indicator): Measures downward movement strength ADX (Average Directional Index): Measures overall trend strength ⚡ Dynamic Average: Creates a composite line (+DI minus -DI) for simplified analysis 2. 🎛️ Configuration Parameters 📏 DMI Length: Default 8 periods (standard setting) 🔄 ADX Smoothing: Additional smoothing for ADX line 🎨 Color Themes: 5 visual schemes consistent with your indicator suite 👁️ Display Toggles: Average DMI: Shows composite line (+DI minus -DI) DMI: Shows individual +DI and -DI lines ADX Smoothing: Shows ADX trend strength line 📈 Signal Interpretation: 🟢 BULLISH: +DI > -DI (upward momentum stronger) 🔴 BEARISH: -DI > +DI (downward momentum stronger) 🎨 Visual Elements: 🚨 Signal Highlights: Background coloring on DI crossovers 📋 Line Labels: On-chart labels for each indicator component 📊 Table Display: Top-right bullish/bearish status indicator 📋 Dashboard Display: Content: "⬆️ Bullish" or "⬇️ Bearish" based on DI relationship ⚡ Trading Applications 📈 Primary Uses: 🎯 Trend Direction Identification +DI > -DI = Uptrend -DI > +DI = Downtrend 💪 Trend Strength Assessment ADX > 25 = Valid trend (tradable) ADX < 25 = Weak trend (avoid trading) ADX rising = Strengthening trend 🚨 Crossover Signals Bull Crossover: +DI crosses above -DI Bear Crossover: -DI crosses above +DI 🎨 Customization Options 👁️ Display Flexibility: 📊 Mode 1: Simplified (Average DMI only) 📈 Mode 2: Detailed (+DI and -DI lines) 💪 Mode 3: Strength-focused (ADX line) 🔄 Any Combination: Mix and match as needed 🎨 Visual Themes: (Consistent suite) 🎨 Classic: Green/Red (traditional directional colors) 🚀 Modern: Cyan/Purple (contemporary) 💪 Robust: Amber/Deep Purple (high contrast) 🌈 Accented: Purple/Magenta (vibrant) ⚫⚪ Monochrome: Light Gray/Dark Gray (minimalist) 🔔 Alert System 🟢 LONG Alert: Triggers when +DI crosses above -DI 🔴 SHORT Alert: Triggers when -DI crosses above +DI 📧 Format: Includes ticker symbol for tracking ⚡ Key Advantages ✅ Strengths: 🎯 Multiple Perspectives: Three display modes in one indicator 📊 Clear Trend Signals: DI crossovers provide unambiguous entries/exits 💪 Strength Filter: ADX helps avoid trading in weak trends 👁️ Visual Clarity: Color-coded and labeled for easy interpretation 🔄 Flexible Usage: Can be simple or detailed based on trader preference 📊 Optimal Settings: ⚡ Short-term Trading: 8-14 period length 📊 Medium-term Trading: 14-20 period length 📈 Long-term Trading: 20-50 period length 🎯 ADX Smoothing: Higher values for smoother trend strength 🏆 Unique Features: Mode Selector: Choose your preferred view (simple → detailed) Composite Average: (+DI - -DI) creates single directional line Strength Integration: Built-in ADX for trend validation Visual Harmony: Consistent design with your indicator family Professional Labels: On-chart annotations for clarity This DMI indicator provides professional-grade trend analysis with user-friendly flexibility, allowing traders from beginners to experts to customize their view according to their trading style and experience level! 📊🎯
Pine Script® indicator
by Tiagorocha1989
Rate of Change - ROC🎯 Overview This is an advanced Rate of Change - ROC indicator that measures percentage price movement over time, combined with dynamic moving average filtering. Unlike basic ROC implementations, this version features gradient momentum zones, multiple color themes, and a clear signal dashboard for precise momentum velocity identification. 🧩 Core Components 1. ⚙️ Technical Foundation 📊 Primary Calculation: Uses TradingView's built-in ta.roc() function which calculates percentage change between current price and price N periods ago 📈 Dual Analysis Components: ROC Line: Percentage change oscillator MA Filter: Customizable moving average acting as momentum trend line Momentum Zones: Gradient fills for strong positive and strong negative momentum ⚡ Velocity Measurement: Unique ability to quantify the speed of price movement as a percentage 2. 🎛️ Configuration Parameters 📏 ROC Length: Default 35 periods (optimized for momentum detection) 🔄 MA Filter Settings: Length: Customizable (default 365 periods) Type: 6 options available (EMA, SMA, RMA, WMA, VWMA, HMA) 🎨 Color Themes: 5 visual schemes consistent with your indicator suite: Classic, Modern, Robust, Accented, Monochrome 📊 Signal Interpretation: 🟢 BULLISH: ROC > MA Filter (momentum accelerating upward) 🔴 BEARISH: ROC < MA Filter (momentum accelerating downward) 🚀 STRONG BULLISH: ROC > 40% (extreme positive momentum) 📉 STRONG BEARISH: ROC < -20% (extreme negative momentum) 3. 🎨 Visual Elements 🚨 Gradient Zones: Strong Bullish zone : Green gradient intensifying toward higher percentages Strong Bearish zone : Red gradient intensifying toward lower percentages 📋 Dashboard Display: Top-right status indicator showing "⬆️ Bullish" or "⬇️ Bearish" 📊 Dynamic Coloring: ROC line changes color based on position relative to MA ⚡ Zero Line Reference: Natural equilibrium at 0% change ⚡ Trading Applications 📈 Primary Uses: 🎯 Momentum Velocity Measurement: ROC > MA = Accelerating bullish momentum ROC < MA = Accelerating bearish momentum 💪 Momentum Strength Quantification: Higher positive percentages = Stronger uptrend acceleration Lower negative percentages = Stronger downtrend acceleration Measures rate of change rather than just direction 🚨 Extreme Momentum Signals: Strong Bullish: (rapid price appreciation) Strong Bearish: (rapid price depreciation) 📊 Zone Analysis: 🟢 Strong Bullish Zone : Green gradient fills Indicates rapid price acceleration upward Often precedes consolidation or pullback 🔴 Strong Bearish Zone : Red gradient fills Indicates rapid price acceleration downward Often precedes bounce or reversal 🟡 Equilibrium: Yellow MA line acts as momentum trend filter 🎨 Customization Options 👁️ Display Features: 📊 Dual Components: Always shows both ROC line and MA filter 🎨 Gradient Visualization: Automatic fill for extreme momentum conditions 📋 Status Dashboard: Clear bullish/bearish momentum acceleration indication 📈 Customizable MA: Choose from 6 different moving average types 📏 Adjustable Thresholds: 40% and -20% levels optimized for ROC analysis 🎨 Visual Themes: (Consistent suite) 🎨 Classic: Green/Red (traditional momentum colors) 🚀 Modern: Cyan/Purple (contemporary) 💪 Robust: Amber/Deep Purple (high contrast) 🌈 Accented: Purple/Magenta (vibrant) ⚫⚪ Monochrome: Light Gray/Dark Gray (minimalist) 🔔 Alert System 🟢 LONG Alert: Triggers when ROC crosses above MA 🔴 SHORT Alert: Triggers when ROC crosses below MA 📧 Format: Includes ticker symbol for tracking ⚡ Key Advantages ✅ Strengths: 🎯 Velocity-Based Analysis: Measures speed of price movement, not just direction 💪 Percentage-Based: Provides intuitive understanding of momentum strength 👁️ Trend Acceleration Identification: MA filter shows when momentum is accelerating/decelerating 🔄 Flexible Timeframes: 35-period default optimized for momentum detection 📊 Professional Dashboard: Immediate momentum acceleration status 📊 Optimal Settings: ⚡ Short-term Momentum: ROC Length 10-20, MA Length 20-50 📊 Medium-term Momentum: ROC Length 20-35, MA Length 50-100 📈 Long-term Momentum: ROC Length 35-50, MA Length 100-365 🏆 Unique Features: 🎯 Percentage-Based Measurement: Shows exact rate of price change 📊 Asymmetric Thresholds: 40% bullish / -20% bearish (reflects typical market asymmetry) 🎨 Consistent Design: Matches your indicator family aesthetics 📋 Momentum Dashboard: Quick visual confirmation of acceleration/deceleration 🔧 Speed Analysis: Focuses on velocity rather than just position 🔄 Trading Strategies 1. Momentum Acceleration Strategy: Go LONG when ROC crosses above MA with ROC > 0% Go SHORT when ROC crosses below MA with ROC < 0% Strong signals when crossing occurs in extreme zones 2. Velocity Divergence: Price makes higher high, ROC makes lower high → Momentum divergence (trend weakening) Price makes lower low, ROC makes higher low → Momentum divergence (downtrend losing steam) 3. Trend Acceleration Detection: Rising ROC above MA = Uptrend accelerating Falling ROC below MA = Downtrend accelerating Flat ROC near MA = Trend consolidation 📈 Performance Tips Context Matters: High ROC during strong trends is normal, during ranges may signal exhaustion Zero Line Cross: ROC crossing 0% often signals trend change Extreme Readings: ROC > 40% often precedes consolidation, ROC < -20% often precedes bounce Timeframe Alignment: Use consistent periods across charts for comparable readings Confirmation: Combine with price structure and volume for highest probability trades This enhanced ROC indicator provides professional-grade momentum velocity analysis with intuitive visualization, allowing traders to quantify the speed of price movements, identify acceleration/deceleration phases, and filter signals through the customizable moving average for precise momentum-based trading decisions! 📊⚡
Pine Script® indicator
by Tiagorocha1989
Chande Momentum Oscillator - CMO🎯 Overview This is a sophisticated Chande Momentum Oscillator indicator that combines traditional momentum analysis with dynamic moving average filtering. Unlike basic CMO implementations, this version features gradient visualization, multiple color themes, and a clear signal dashboard for precise momentum identification. 🧩 Core Components 1. ⚙️ Technical Foundation 📊 Primary Calculation: Uses TradingView's built-in ta.cmo() function with customizable source and period length 📈 Dual Analysis Components: CMO Line: Pure momentum oscillator ranging from -100 to +100 MA Filter: Customizable moving average that acts as dynamic signal line Gradient Zones: Visual fill between CMO and MA showing momentum intensity ⚡ Dynamic Comparison: Creates clear bullish/bearish signals based on CMO vs MA position 2. 🎛️ Configuration Parameters 📏 CMO Length: Default 14 periods (standard momentum setting) 🔄 MA Filter Settings: Length: Customizable (default 365 periods) Type: 6 options available (EMA, SMA, RMA, WMA, VWMA, HMA) 🎨 Color Themes: 5 visual schemes consistent with your indicator suite: Classic, Modern, Robust, Accented, Monochrome 📊 Signal Interpretation: 🟢 BULLISH: CMO > MA Filter (momentum above trend) 🔴 BEARISH: CMO < MA Filter (momentum below trend) 3. 🎨 Visual Elements 🚨 Gradient Zones: Upper zone (CMO > MA): Green gradient showing bullish momentum intensity Lower zone (CMO < MA): Red gradient showing bearish momentum intensity 📋 Dashboard Display: Top-right status indicator showing "⬆️ Bullish" or "⬇️ Bearish" 📊 Dynamic Coloring: CMO line changes color based on position relative to MA ⚡ Trading Applications 📈 Primary Uses: 🎯 Momentum Direction Identification: CMO > MA = Bullish momentum regime CMO < MA = Bearish momentum regime 💪 Momentum Strength Assessment: CMO > +50 = Strong bullish momentum CMO < -50 = Strong bearish momentum Between -50 and +50 = Moderate momentum 🚨 Crossover Signals: Bull Signal: CMO crosses above MA Bear Signal: CMO crosses below MA 📊 Zone Analysis: 🟢 Bullish Zones: Light to dark green gradient as CMO rises Strongest color at highest CMO values 🔴 Bearish Zones: Light to dark red gradient as CMO falls Strongest color at lowest CMO values 🟡 Equilibrium: Yellow MA line acts as dynamic pivot 🎨 Customization Options 👁️ Display Features: 📊 Dual Components: Always shows both CMO line and MA filter 🎨 Gradient Visualization: Automatic fill between lines showing momentum intensity 📋 Status Dashboard: Clear bullish/bearish indication 📈 Customizable MA: Choose from 6 different moving average types 🎨 Visual Themes: (Consistent suite) 🎨 Classic: Green/Red (traditional momentum colors) 🚀 Modern: Cyan/Purple (contemporary) 💪 Robust: Amber/Deep Purple (high contrast) 🌈 Accented: Purple/Magenta (vibrant) ⚫⚪ Monochrome: Light Gray/Dark Gray (minimalist) 🔔 Alert System 🟢 LONG Alert: Triggers when CMO crosses above MA 🔴 SHORT Alert: Triggers when CMO crosses below MA 📧 Format: Includes ticker symbol for tracking ⚡ Key Advantages ✅ Strengths: 🎯 Clear Momentum Signals: Direct comparison between CMO and MA provides unambiguous entries/exits 💪 Trend Filter: MA acts as dynamic support/resistance for momentum 👁️ Visual Clarity: Gradient zones show momentum intensity at a glance 🔄 Flexible Configuration: Multiple MA types for different trading styles 📊 Professional Dashboard: Immediate status recognition 📊 Optimal Settings: ⚡ Short-term Trading: CMO Length 9-14, MA Length 20-50 📊 Medium-term Trading: CMO Length 14-20, MA Length 50-100 📈 Long-term Trading: CMO Length 20-30, MA Length 100-365 🏆 Unique Features: 🎯 Gradient Visualization: Color intensity reflects momentum strength 📊 MA Filter Flexibility: 6 different moving average types 🎨 Consistent Design: Matches your indicator family aesthetics 📋 Status Dashboard: Quick visual confirmation of regime 🔧 Dual Analysis: Combines momentum oscillator with trend filter 🔄 Trading Strategies 1. Basic Momentum Strategy: Go LONG when CMO crosses above MA Go SHORT when CMO crosses below MA Use extreme readings (>+80 or <-80) for overbought/oversold conditions 2. Momentum Strength Strategy: Strong bullish: CMO > MA AND CMO > +50 Strong bearish: CMO < MA AND CMO < -50 Weak signals: Between -50 and +50 3. Divergence Detection: Price makes higher high, CMO makes lower high → Bearish divergence Price makes lower low, CMO makes higher low → Bullish divergence 📈 Performance Tips Combine with Trend: Use in trending markets (avoid ranging periods) Confirmation: Wait for candle close after MA crossover Extreme Readings: +80/-80 often precede reversals MA Selection: EMA for responsiveness, SMA for smoothness Multiple Timeframes: Check higher timeframe CMO alignment This enhanced CMO indicator provides professional-grade momentum analysis with intuitive visualization, allowing traders to quickly identify momentum regimes and strength while filtering out market noise through the customizable moving average filter! 📊🎯
Pine Script® indicator
by Tiagorocha1989
WaveTrend Oscillator [SolQuant]The WaveTrend Oscillator indicator is a multi-timeframe WaveTrend implementation that displays oscillator signals from up to four timeframes simultaneously: 1-minute, 5-minute, 15-minute, and 1-hour. It identifies overbought and oversold conditions across timeframes and highlights alignment signals when multiple timeframes agree on direction. █ USAGE Reading WaveTrend Signals Each enabled timeframe displays its own WaveTrend oscillator line in the indicator panel. Overbought and oversold levels are marked with horizontal reference lines. When the WaveTrend crosses above the oversold level, it generates a bullish signal; when it crosses below the overbought level, it generates a bearish signal. Alignment Signals Star markers appear when multiple timeframes simultaneously reach overbought or oversold conditions. This multi-timeframe alignment indicates stronger potential turning points, as the market has reached an extreme on more than one time horizon. Crossover Signals Standard WT1/WT2 crossover signals are available on each timeframe. Bullish crossovers (WT1 crossing above WT2) and bearish crossovers (WT1 crossing below WT2) are marked with triangle shapes. When these crossovers occur in overbought or oversold territory, they carry more significance. Auto-Hide Logic To prevent chart clutter, higher timeframe oscillator lines are automatically hidden when the chart timeframe exceeds them. For example, if you are on a 15-minute chart, the 1-minute and 5-minute oscillators are hidden since their data would be meaningless at that resolution. █ DETAILS The WaveTrend oscillator is calculated in three steps: 1 — An EMA of the typical price (HLC3) is computed over the channel length 2 — The absolute deviation from this EMA is smoothed with another EMA 3 — The normalized difference (CI) is smoothed with an EMA of the average length to produce WT1, and a simple SMA of WT1 produces WT2 For each higher timeframe, the full calculation is performed on that timeframe's data using request.security(), then both WT1 and WT2 values are brought down to the chart timeframe. █ SETTINGS WaveTrend • Channel Length: EMA period for the price channel (default: 9). • Average Length: EMA period for final smoothing (default: 12). • Overbought / Oversold Level: Threshold levels for signal generation. Timeframes • Show 1m / 5m / 15m / 1H: Toggle each timeframe's display. • Timeframe Colors: Customizable colors for each oscillator line. Signals • Show Alignment Stars: Display multi-TF alignment markers. • Show Crossovers: Display WT1/WT2 crossover triangles. This is an oscillator-based tool and does not constitute financial advice. Overbought and oversold conditions do not guarantee reversals. Past performance does not guarantee future results.
Pine Script® indicator
by lost_sol_