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Zenith MACD Evolution [JOAT] Zenith MACD Evolution - Volatility-Normalized Momentum Oscillator Introduction and Purpose Zenith MACD Evolution is an open-source oscillator indicator that takes the classic MACD and normalizes it by ATR (Average True Range) to create consistent overbought/oversold levels across different market conditions. The core problem this indicator solves is that traditional MACD values are incomparable across different volatility regimes. A MACD reading of 50 might be extreme in a quiet market but normal in a volatile one. This indicator addresses that by dividing MACD by ATR and scaling to a consistent range, allowing traders to use fixed overbought/oversold levels that work across all market conditions. Why ATR Normalization Works Traditional MACD problems: - Values vary wildly based on price and volatility - No consistent overbought/oversold levels - Hard to compare across different instruments - Extreme readings in one period may be normal in another ATR-normalized MACD (Zenith) solves these: - Values scaled to consistent range - Fixed overbought/oversold levels work across all conditions - Comparable across different instruments - Extreme readings are truly extreme regardless of volatility How the Normalization Works // Classic MACD = ta.macd(close, fastLength, slowLength, signalLength) // ATR for normalization float atrValue = ta.atr(atrNormLength) // Volatility-Normalized MACD float zenithMACD = atrValue != 0 ? (histLine / atrValue) * 100 : 0 float zenithSignal = ta.ema(zenithMACD, signalLength) The result is a MACD that typically ranges from -200 to +200, with consistent levels: - Above +150 = Overbought - Below -150 = Oversold - Above +200 = Extreme overbought - Below -200 = Extreme oversold Signal Types Zero Cross Up/Down - Zenith crosses zero line (trend change) Overbought/Oversold Entry - Zenith enters extreme zones Overbought/Oversold Exit - Zenith leaves extreme zones (potential reversal) Momentum Shift - Histogram direction changes (early warning) Divergence - Price makes new high/low but Zenith does not Histogram Coloring The histogram uses four colors to show momentum state: - Strong Bull (Teal) - Positive and rising - Weak Bull (Light Teal) - Positive but falling - Strong Bear (Red) - Negative and falling - Weak Bear (Light Red) - Negative but rising This helps identify momentum shifts before crossovers occur. Dashboard Information Zenith - Current normalized MACD value with signal line Zone - Current zone (EXTREME OB/OVERBOUGHT/NORMAL/OVERSOLD/EXTREME OS) Momentum - Direction (RISING/FALLING/FLAT) Histogram - Current histogram value ATR Norm - Current ATR value used for normalization Classic - Traditional MACD value for reference How to Use This Indicator For Mean-Reversion: 1. Wait for Zenith to reach extreme zones (+200/-200) 2. Look for momentum shift (histogram color change) 3. Enter counter-trend when exiting extreme zone For Trend Following: 1. Enter long on zero cross up 2. Enter short on zero cross down 3. Use histogram color to gauge momentum strength For Divergence Trading: 1. Watch for DIV labels (price vs Zenith divergence) 2. Bullish divergence at support = potential long 3. Bearish divergence at resistance = potential short Input Parameters Fast/Slow/Signal Length (12/26/9) - Standard MACD parameters ATR Normalization Period (26) - Period for ATR calculation Overbought/Oversold Zone (150/-150) - Zone thresholds Extreme Level (200) - Extreme threshold Show Classic MACD Lines (false) - Toggle traditional lines Show Divergence Detection (true) - Toggle divergence signals Divergence Lookback (14) - Bars to scan for divergence Timeframe Recommendations All timeframes work due to normalization Higher timeframes provide smoother signals Normalization makes cross-timeframe comparison meaningful Limitations ATR normalization adds slight lag Divergence detection is simplified Extreme zones can persist in strong trends Works best when combined with price action analysis Open-Source and Disclaimer This script is published as open-source under the Mozilla Public License 2.0 for educational purposes. This indicator does not constitute financial advice. Momentum analysis does not guarantee profitable trades. Always use proper risk management. - Made with passion by officialjackofalltrades
Pine Script® indicator
by officialjackofalltrades
Trader Otto - Kinetic Flux [System]Unlocking the fear of trading behind institutional momentum shifts. Trader Otto - Kinetic Flux is a proprietary momentum convergence system designed for traders who demand precision in volatile, fast-moving markets. By fusing proprietary volume-flow dynamics with a directional trend-following filter, this algorithm cuts through market noise to identify high-probability acceleration zones. Unlike standard indicators that lag behind price, the Kinetic Flux engine analyzes the specific moment where institutional capital flow aligns with directional bias. It doesn't just tell you the trend; it tells you when the trend has enough kinetic energy to sustain the move. 🔥 **Key Features:** **Protected Logic:** Complex statistical calculations are hidden behind a simple visual interface. No analysis paralysis—just clear, executable signals. **Color-Coded Momentum System:** - **Grey/Light Blue:** Neutral / No Trade Zone (Stay safe). - **Deep Blue:** Bullish Entry Signal (Energy + Direction Aligned). - **Green:** Established Bullish Momentum (Holding). - **Deep Pink:** Bearish Entry Signal (Resistance + Flow Detected). - **Red:** Established Bearish Momentum (Holding). **Visual Triggers:** - ✈️ **The Plane:** Confirmed Long Entry (Liftoff). - ⚓ **The Anchor:** Confirmed Short Entry (Gravity Pull). **⚙️ Multi-Mode Calibration (Adaptive):** Instantly adjust the system's sensitivity to match your trading environment via the settings menu: - **Standard:** Balanced calibration for general day trading and mixed markets. - **Aggressive:** Tuned for high-volatility scalping and fast-moving indices (filters minor pullbacks). - **Trend:** A slower, more robust filter designed for swing traders and intraday breakouts. - **Volatility:** Optimized for explosive breakout setups inspired by classic momentum strategies. **Volume Smoothing:** An optional fine-tuning parameter to reduce noise in low-liquidity environments. 💡 **How to Trade:** Wait for the Pilot (✈️) or Anchor (⚓) symbol to appear on a confirmed bar close. The color change indicates the kinetic shift. Use "Trend" mode for higher timeframes (H1+) and "Aggressive" for scalping indices and volatile FX pairs. ⚠️ **Disclaimer:** This tool is for educational purposes. Past performance is not indicative of future results. Always manage your risk.
Pine Script® indicator
by OttoJunior
FVVO Oscillator 2.0 [RayAlgo]RayAlgo Flux Velocity & Volume Oscillator 2.0 (FVVO) Premium volatility bands • Fisher-normalized momentum • Volume-weighted flow • Divergences • Sniper vertices • Pressure Burst diamonds • Momentum Ribbon FVVO is a purpose-built oscillator designed to visualize momentum “flow” with a smooth, liquid core line while highlighting statistically meaningful extremes, turning-point vertices, and divergence-based momentum shifts. The 2.0 build focuses on signal clarity (infrequent event markers + full alert suite). Core Concept (What this oscillator measures) FVVO combines: Normalized momentum (range-normalized + Fisher transform) to make momentum swings more readable. Optional relative-volume weighting to slightly amplify momentum when volume supports the move. Dynamic volatility bands around the oscillator mean (volatility-adaptive “overbought/oversold” context). Vertex logic (“Sniper” dots) that marks local turning points only when the oscillator has stretched into band extremes. What you see on the chart 1) Flux Oscillator (main line) A smooth momentum stream that reacts to directional strength while avoiding noisy micro-flips as much as possible. 2) Volatility Bands Three styles: Minimal – subtle channel Flag – inner/outer structure for cleaner “zone reading” Glow – layered gradient feel toward extremes + optional edge glow 3) Sniper Dots (Turning-point vertices) Bull sniper dot prints when a local bottom forms after oversold stretch. Bear sniper dot prints when a local top forms after overbought stretch. 4) Divergence Engine (Regular divergence) Bullish divergence: price makes a lower low while oscillator makes a higher low Bearish divergence: price makes a higher high while oscillator makes a lower high Divergences are drawn with dashed lines + “DIV” label. 5) Pressure Burst Diamonds Detects COMPRESSION → EXPANSION transitions in oscillator velocity. They are calculated by measuring the bar-to-bar velocity of the oscillator and comparing it to its own recent average. When oscillator velocity stays below a compression threshold, momentum is considered compressed. When velocity then expands above an expansion threshold, a burst event is triggered. Prints a diamond symbol: Bull diamond (cyan) when above the oscillator mean Bear diamond (pink) when below the oscillator mean Think of these as “energy released” moments—useful for breakout continuation or reversal readiness depending on context. 6) Momentum Ribbon (top/bottom strip) A lightweight regime strip showing direction + strength: Becomes more visible as the oscillator stretches away from its mean/bands. Can be placed at the Top or Bottom of the pane. How to Use (practical workflow) A) Trend + Momentum Context Treat the oscillator mean / zero area as a regime guide. Stronger “impulses” often appear when the oscillator pushes toward band extremes. B) Sniper Dots = “confirmed vertex at an extreme” Best used as a timing trigger, not as a standalone strategy. Higher confidence when aligned with: Market structure / trend direction Support/resistance Higher timeframe bias C) Divergence = “momentum disagreement” Use divergences as an early warning, then look for confirmation (structure break, candle confirmation, etc.). D) Pressure Burst Diamonds = “compression release” Use as an event marker: In trends: can signal continuation momentum returning. Near key levels: can signal a meaningful “decision moment”. Settings Guide: Signal Smoothing: main control for reactivity (higher = smoother) Weight by Relative Volume: boosts/dampens oscillator slightly based on rVOL Band Style / Multipliers: controls your volatility envelope behavior Divergence pivots: controls divergence strictness (higher = fewer, cleaner) Burst thresholds: controls how selective burst events are Ribbon contrast: visual strength indicator Alerts (Full suite included) Sniper Buy / Sniper Sell Bullish Divergence / Bearish Divergence Burst Release (Compression → Expansion) Bull Burst / Bear Burst (directional burst variants) Notes & Best Practices No oscillator is perfect in chop—combine signals with structure, levels, and HTF bias. Divergences can persist; treat them as probabilities, not guarantees. Disclaimer This indicator is an analytical and educational tool only. It does not provide financial advice or trade recommendations. All signals, levels, and visual elements are meant to assist in market analysis and must be used alongside proper risk management and independent decision-making. Trading involves risk, and past performance does not guarantee future results.
Pine Script® indicator
by Ray_Algo
Advanced Scalping Suite v1.0# Advanced Scalping Suite - Quick Reference Guide ## Overview A comprehensive all-in-one scalping indicator designed for 1-15 minute timeframes that combines multiple technical analysis tools, intelligent signal generation, and automatic market condition detection to help traders identify high-probability entry and exit points. --- ## Core Capabilities ### 1. **Multi-Indicator Analysis** - **RSI (Relative Strength Index)** - Identifies overbought/oversold conditions with automatic divergence detection for early reversal warnings - **EMA Ribbon (8/21/55)** - Visual trend identification with color-coded fills showing trend direction and strength - **VWAP (Volume Weighted Average Price)** - Tracks institutional interest and intraday bias - **ATR (Average True Range)** - Measures market volatility and filters out low-volatility periods - **ADX (Average Directional Index)** - Quantifies trend strength (>25 = trending, <25 = range-bound) - **Higher Timeframe Trend Confirmation** - Aligns trades with larger market direction ### 2. **Intelligent Signal Generation** The indicator provides three tiers of buy/sell signals: **STRONG Signals** (3+ confirmations) - High-probability setups combining RSI extremes, divergences, VWAP position, EMA alignment, and chart patterns - Best for conservative traders and high-confidence entries - Includes HTF trend confirmation when enabled **MEDIUM Signals** (2 confirmations) - Balanced risk/reward setups for active scalpers - Good for trend-following entries during established moves **WEAK Signals** (1 confirmation) - Early warning signals for aggressive traders - Useful for quick scalp entries when market momentum is clear ### 3. **Automatic Market Condition Detection** The indicator intelligently identifies market phases: **Trending Markets** - Strong directional moves with stacked EMAs and high ADX - Trades with the trend using momentum signals - EMA ribbon shows clear green (uptrend) or red (downtrend) fill **Choppy/Consolidation** - Range-bound price action with compressed EMAs and low ADX - Yellow background warning alerts you to reduce position size or avoid trading - Prevents false signals during sideways markets **Low Volatility** - Insufficient ATR for profitable scalping - Orange background warning indicates tight price ranges - Automatically filters signals when volatility is too low ### 4. **Chart Pattern Recognition** Automatically detects and draws common reversal patterns: - **Double Tops** - Bearish reversal pattern marked with "DT" label - **Double Bottoms** - Bullish reversal pattern marked with "DB" label - Pattern lines drawn directly on chart for visual confirmation - Contributes to signal strength calculations ### 5. **RSI Divergence Detection** Identifies powerful leading indicators of trend reversals: - **Bullish Divergence** - Price makes lower low while RSI makes higher low (marked with diamond) - **Bearish Divergence** - Price makes higher high while RSI makes lower high (marked with diamond) - Often precedes major price movements by several candles ### 6. **Real-Time Dashboard** Top-right info panel displays: - Current market condition (Trending/Choppy/Consolidation) - Live RSI, ADX, and ATR% values with color-coded status - Trend strength assessment (Weak/Moderate/Strong) - Higher timeframe trend direction (UP ▲ / DOWN ▼ / NEUTRAL) - Position relative to VWAP (Above ▲ / Below ▼) - Reversal Probability percentage (0-100%) - Current active signal status ### 7. **Customizable Alert System** Built-in alerts for all signal types: - Strong/Medium/Weak buy and sell signals - Confirmed signals (candle close confirmation) - Trend changes and EMA crossovers - RSI divergences - Chart pattern detection - Choppy market warnings --- ## Practical Use Cases ### For Day Traders - Use on 5-15 minute charts with higher timeframe set to 1H or 4H - Filter for "Strong Only" or "Medium & Strong" signals - Enable HTF confirmation to trade with daily trend - Avoid trading during yellow (choppy) or orange (low volatility) backgrounds ### For Scalpers - Use on 1-3 minute charts with higher timeframe set to 15-30 minutes - Enable "All Signals" to catch quick momentum moves - Watch for weak signals that align with EMA ribbon direction - Focus on high ATR periods (morning session, news events) ### For Swing Traders - Use indicator on lower timeframes to fine-tune entries for swing positions - Wait for "Confirmed Only" signals that align with your swing direction - Use reversal probability % to gauge timing of position exits ### For Risk Management - Yellow background = Reduce position size by 50% - Orange background = Consider sitting out - Only take signals that have HTF confirmation enabled - Reversal probability >50% = Prepare to exit or take profits --- ## Key Settings to Adjust **Signal Filter Options:** - "All Signals" - See everything (best for experienced traders) - "Strong Only" - High-probability setups only (conservative) - "Medium & Strong" - Balanced approach (recommended for most) - "Confirmed Only" - Wait for candle close (reduces false signals) **Higher Timeframe:** Set to 3-5x your chart timeframe (e.g., 15-min on 3-min chart, 1H on 15-min chart) **RSI Period:** 7 for ultra-fast response, 9 for balanced (default), 14 for smoother **Require HTF Confirmation:** Toggle on to only trade with larger trend (reduces trades, increases win rate) --- ## What Makes This Different Unlike single-purpose indicators, this suite combines multiple confirmation factors to generate high-probability signals while automatically adjusting to market conditions. It won't spam you with signals during choppy markets, it respects volatility requirements, and it provides clear visual feedback about market state through the EMA ribbon, background colors, and comprehensive dashboard. The multi-tier signal system allows traders of all styles to use the same tool - conservatives can wait for strong signals, while aggressive scalpers can act on weak signals during confirmed trends. The pattern detection and divergence identification provide additional edge by spotting setups before price action confirms them. --- ## Quick Start Checklist 1. Add indicator to your chart 2. Set Higher Timeframe to 3-5x your chart timeframe 3. Choose your Signal Filter preference (start with "Medium & Strong") 4. Enable "Require HTF Trend Confirmation" for safety 5. Set alerts for your preferred signal types 6. Watch the info panel for market condition changes 7. Avoid trading during yellow/orange backgrounds 8. Take signals that align with EMA ribbon direction --- **Remember:** No indicator is perfect. This tool is designed to stack probabilities in your favor by combining multiple technical factors, but always use proper risk management, position sizing, and stop losses on every trade.
Pine Script® indicator
by jayburn01
Strength Relative to XXX [Hysteresis Smoothed]Strength Relative to XXX █ OVERVIEW This versatile indicator measures the relative strength of the current charted asset against any user-selected benchmark symbol (e.g., BTC, ETH, SP:SPX, TVC:GOLD, or any other asset). Green fill = Current asset outperforming the benchmark (bullish relative strength). Red fill = Current asset underperforming the benchmark (bearish relative weakness). Perfect for rotation strategies across crypto, stocks, forex, and commodities — quickly identify assets gaining momentum edge over a chosen benchmark. █ HOW IT WORKS • Relative Ratio : Calculates current close / benchmark close for normalized comparison. • Smoothing : Applies a Simple Moving Average (SMA) to the ratio (adjustable length). • Oscillator : Plots deviation from the SMA, centered around zero. • Hysteresis Enhancement : Adds a small relative threshold (~0.03% default) to prevent rapid color flips from minor noise. Color persists until a convincing cross — stable blocks without lag. █ FEATURES & INPUTS • Compare to : Symbol input for any benchmark (match exchange for accuracy). • MA Length : Smoothing period (default 10). • Relative Hysteresis Threshold : Noise filter strength (default 0.0003; tweak for responsiveness vs. stability). █ USAGE TIPS • Apply to ALT/BTC pairs for crypto rotations, stocks vs. SP:SPX for sector strength, or any custom comparison. • Works on all timeframes — ideal for short-term scans on 4H/daily. • Green zones = potential outperformance; red = caution. • Combine with volume or momentum for confluence. This refined relative strength oscillator delivers clean, reliable visuals in volatile markets.
Pine Script® indicator
by ThroatClogger
Volume-Weighted RSI [VWRSI 2D Pro]A modular, volume-weighted RSI indicator built for clarity and control. ✅ Profile-based auto modes (Scalping → Macro) ✅ Toggleable Buy/Sell signals with strict mode ✅ RSI MA overlays for smoother entries Buy Signal RSI crosses above RSI MA RSI > 50 (or > 55 in strict mode) Sell Signal RSI crosses below RSI MA RSI < 50 (or < 45 in strict mode) Strict mode filters out weak signals for higher conviction entries. Volatility-Adaptive RSI Thresholds: Traditional RSI uses static levels (70/30). VWRSI Pro replaces these with dynamic bands: 🔹dynHigh = mean + mult × deviation 🔹 dynLow = mean − mult × deviation Technical write-up can be found here: github.com
Pine Script® indicator
by followmytradingjournal
Trend Harmony🚀 Trend Harmony: Multi-Timeframe Momentum & Trend Dashboard Trend Harmony is a sophisticated multi-timeframe (MTF) analysis tool designed to help traders identify high-probability setups by spotting "Market Harmony." Instead of flipping through charts, this indicator synthesizes RSI momentum and EMA trend structures from four different time horizons into a single, intuitive dashboard. 🔍 How It Works The core philosophy of this indicator is that the most powerful moves happen when short-term momentum aligns with long-term trend structure. The script tracks four user-defined timeframes simultaneously. 1. The Trend Scoring Engine The indicator evaluates the relationship between a Fast EMA (default 20) and a Slow EMA (default 50) across all active timeframes. Bullish Alignment: Fast EMA > Slow EMA. Bearish Alignment: Fast EMA < Slow EMA. 2. The Harmony Summary At the bottom of the dashboard, the "Summary" status calculates the total "Harmony" of the market: 🚀 FULL BULL HARMONY: All selected timeframes are in a bullish trend. 📉 FULL BEAR HARMONY: All selected timeframes are in a bearish trend. ⚠️ CAUTION (Overbought/Oversold): Triggered when the market is in "Full Harmony" but RSI levels suggest the price is overextended (>70 or <30). This warns you not to "chase" the trade. Neutral/Mixed: Timeframes are in conflict (e.g., 15m is bullish but Daily is bearish). 🛠 Key Features Unified RSI Pane: View four RSI lines on one chart to spot divergences or "clusters" where all timeframes bottom out at once. Dynamic Table: Real-time tracking of: Price vs EMA: Instant visual (▲/▼) showing if price is above/below your key averages. Smart RSI Coloring: RSI values turn Green during "Power Zones" (0–30 or 50–70) and Red otherwise. Full Customization: Change timeframes (1m, 5m, 1H, D, etc.), EMA lengths, and RSI parameters to fit your strategy. 📈 Trading Strategy Tips Wait for the Sync: The "Full Harmony" status is your signal that the "tide" is moving in one direction. Look for long entries when the status is Green and short entries when it is Red. The Pullback Entry: When the summary says "Caution (Overbought)," wait for the RSI lines to cool down toward the 50 level before entering the trend again. RSI Clustering: When all four RSI lines converge at extreme levels (30 or 70), a massive volatility expansion is usually imminent.
Pine Script® indicator
by ebecihalil
Vortex Trend Matrix [JOAT]Vortex Trend Matrix - Multi-Factor Trend Confluence System Introduction and Purpose Vortex Trend Matrix is an open-source overlay indicator that combines Ichimoku-style equilibrium analysis with the Vortex Indicator to create a comprehensive trend confluence system. The core problem this indicator solves is that single trend indicators often give conflicting signals. Price might be above a moving average but momentum might be weakening. This indicator addresses that by combining five different trend factors into a single composite score, making it easy to identify when multiple factors align for high-probability trend trades. Why These Components Work Together Each component measures trend from a different perspective: 1. Cloud Position - Price above/below the equilibrium cloud indicates overall trend bias. The cloud acts as dynamic support/resistance. 2. TK Relationship - Conversion line vs Base line (like Tenkan/Kijun in Ichimoku). Conversion above Base = bullish momentum. 3. Lagging Span - Current price compared to price N bars ago. Confirms whether current move has follow-through. 4. Vortex Indicator - VI+ vs VI- measures directional movement strength. Provides momentum confirmation. 5. Base Direction - Whether the base line is rising or falling. Indicates medium-term trend direction. How the Trend Score Works float trendScore = 0.0 // Cloud position (+2/-2) trendScore += aboveCloud ? 2.0 : belowCloud ? -2.0 : 0.0 // TK relationship (+1/-1) trendScore += conversionLine > baseLine ? 1.0 : conversionLine < baseLine ? -1.0 : 0.0 // Lagging span (+1/-1) trendScore += laggingBull ? 1.0 : laggingBear ? -1.0 : 0.0 // Vortex (+1.5/-1.5) trendScore += vortexBull ? 1.5 : vortexBear ? -1.5 : 0.0 // Base direction (+0.5/-0.5) trendScore += baseDirection * 0.5 Score ranges from approximately -6 to +6: - +4 or higher = STRONG BULL - +2 to +4 = BULL - -2 to +2 = NEUTRAL - -4 to -2 = BEAR - -4 or lower = STRONG BEAR Signal Types TK Cross Up/Down - Conversion line crosses Base line (momentum shift) Base Direction Change - Base line changes direction (medium-term shift) Strong Bull/Bear Trend - Score reaches +4/-4 (high confluence) Dashboard Information Trend - Overall status with composite score Cloud - Price position (ABOVE/BELOW/INSIDE) TK Cross - Conversion vs Base relationship Lagging - Lagging span bias Vortex - VI+/VI- relationship VI+/VI- - Individual vortex values How to Use This Indicator For Trend Following: 1. Enter long when trend score reaches +4 or higher (STRONG BULL) 2. Enter short when trend score reaches -4 or lower (STRONG BEAR) 3. Use cloud as dynamic support/resistance for entries For Momentum Timing: 1. Watch for TK Cross signals for entry timing 2. Base direction changes indicate medium-term shifts 3. Vortex confirmation adds conviction For Risk Management: 1. Exit when trend score drops to neutral 2. Use cloud edges as stop-loss references 3. Reduce position when score weakens Input Parameters Conversion Period (9) - Fast equilibrium line Base Period (26) - Slow equilibrium line Lead Span Period (52) - Cloud projection period Displacement (26) - Cloud and lagging span offset Vortex Period (14) - Period for vortex calculation VI+ Strength (1.10) - Threshold for strong bullish vortex VI- Strength (0.90) - Threshold for strong bearish vortex Timeframe Recommendations 4H-Daily: Best for equilibrium-based analysis 1H: Good for intraday trend following Lower timeframes may require adjusted periods Limitations Equilibrium calculations have inherent lag Cloud displacement means signals are delayed Works best in trending markets May whipsaw in ranging conditions Open-Source and Disclaimer This script is published as open-source under the Mozilla Public License 2.0 for educational purposes. This indicator does not constitute financial advice. Trend analysis does not guarantee profitable trades. Always use proper risk management. - Made with passion by officialjackofalltrades
Pine Script® indicator
by officialjackofalltrades
RSI Rank by Financial 6-Pack | Toghrul AliyevTraditional RSI tells you where momentum stands on a fixed 0-100 scale. The RSI Rank by Financial 6-Pack indicator tells you where that reading stands relative to the asset's own history. It’s significantly more accurate and precise than RSI on its own. 1. High Above % (>90%) readings warrant caution on new longs and consideration of profit-taking. 2. High Below % (>90%) readings signal historically oversold conditions worth monitoring for potential reversals. The indicator works across all timeframes and all assets.
Pine Script® indicator
by toghrulaliyev
Kernel Filter Histogram (RBF)The Kernel Filter Histogram (RBF) is a regime-detection and edge-confirmation tool built on Gaussian (RBF) kernel regression. It is designed to identify when market conditions are favorable for participation and when traders should stay defensive. Instead of reacting to price noise, this indicator measures the normalized slope of a smoothed kernel regression curve, converts it into a z-score, and displays it as a histogram representing directional edge pressure. What It Measures Underlying market regime (bullish, bearish, or neutral) Strength and quality of directional momentum Statistical edge expansion vs compression When trend continuation is more likely vs chop How It Works Applies Nadaraya–Watson kernel regression using a Gaussian (RBF) kernel Calculates the slope of the regression curve Normalizes slope using ATR for cross-instrument consistency Converts the result into a z-score to measure statistical deviation Smooths the output into a readable histogram + signal line Uses an optional threshold gate to filter low-quality conditions Reading the Histogram Green bars → Bullish regime / positive edge Red bars → Bearish regime / negative edge Gray bars → Neutral / low-edge environment Above zero → Bullish pressure dominates Below zero → Bearish pressure dominates Threshold gating allows you to require minimum edge strength before treating signals as actionable. Best Use Cases Trade filter (only take longs when bullish, shorts when bearish) Regime confirmation for existing strategies Momentum quality assessment Avoiding chop and low-probability setups Multi-timeframe alignment tool What This Is (and Is Not) ✔ IS: A high-quality regime and edge filter ✔ IS: Designed for professional trading systems ✔ IS: Instrument-agnostic and timeframe-agnostic ✖ NOT: A buy/sell signal generator ✖ NOT: A lagging moving average ✖ NOT: A beginner indicator Recommended Usage Use this indicator as a gatekeeper: Only execute setups when the histogram confirms favorable regime conditions Combine with your entry trigger, not instead of it Works exceptionally well with trend-following, momentum, and mean-expansion systems
Pine Script® indicator
by Marketscope
Trend Cross Filter by Pooja⭐ Trend Cross Filter by Pooja Trend Cross Filter by Pooja is a clean and efficient crossover-based entry tool designed to help traders identify momentum shifts with clarity. This indicator combines a fast RSI and a smoothed RSI-MA baseline with optional trend and volatility filters, allowing users to focus on higher-quality crossover signals. The goal of this tool is to offer structured, easy-to-read entries without clutter or complexity. All signals appear directly on the chart using markers, making it suitable for intraday and short-term decision-making. ⭐ Key Features 🔶 1. RSI–MA Crossover Signals Generates BUY/SELL signals when RSI crosses above or below its moving average. Clean visual markers help highlight potential momentum changes. 🔶 2. Trend Strength Filter (Optional) Uses a custom ADX calculation to allow signals only when trend strength meets the selected threshold. 🔶 3. Volatility Filter (ATR-Based) An optional ATR/Price filter helps avoid signals during extremely low-volatility or flat periods. 🔶 4. RSI-MA Slope Filter Allows users to accept only those signals where the slope of the RSI-MA indicates meaningful directional strength. 🔶 5. Minimum Bars Between Signals Prevents back-to-back signals in noisy or sideways conditions. 🔶 6. Chart-Based Visual Signals Signals appear directly on the price chart: BUY markers for upward crossover SELL markers for downward crossover Users can choose between triangle or label-style signals. 🔶 7. Alert + Webhook Compatible Built-in alert conditions for BUY and SELL signals. Users can connect alerts to webhooks or automation tools if they wish. 🔶 8. Flexible Customization All filters, thresholds, colors, and label styles can be adjusted easily based on personal preference. ⭐ How to Use Add the indicator to your chart. Choose your preferred signal style (Label / Triangle). Enable or disable the ADX, ATR, or slope filters as needed. Create TradingView alerts using the built-in BUY and SELL alert conditions if automation or notifications are required. Combine signals with your own risk management and market analysis. ⭐ Notes Works across multiple timeframes and different instruments. Filtering options help reduce noise, but users should test settings based on their trading approach. ⚠️ Disclaimer This indicator is a technical analysis tool created for educational and chart-analysis purposes. It does not provide financial advice, does not guarantee profits, and should not be used as the sole basis for trading decisions. Market conditions vary, and users are fully responsible for their own trades, risk management, and results. Always test any tool or strategy on historical data or a demo environment before using in live markets.
Pine Script® indicator
by financegurupooja
Digital MACD Divergences MTF [LUPEN]Digital MACD Divergences MTF V1.0 Overview: Digital MACD Divergences MTF is an advanced momentum oscillator based on digital signal processing techniques. Instead of relying on traditional moving-average smoothing, it applies Finite Impulse Response (FIR) digital filters to extract momentum more cleanly, reducing lag and short-term market noise. The indicator is designed to provide a clear visualization of momentum structure, divergence behavior, and multi-timeframe context, rather than discrete trading signals. Conceptual Architecture At its core, the indicator reinterprets the classic MACD framework through digital convolution logic: FIR filters are used to compute momentum in a more responsive and stable manner than standard EMA-based MACD. The resulting histogram represents momentum intensity and direction as a continuous state rather than binary conditions. A digitally smoothed signal line provides structural reference without introducing excessive delay. This approach emphasizes momentum quality and structure, not signal frequency. Divergence Detection Logic: The script includes automatic divergence detection based on pivot analysis: Regular bullish and bearish divergences are identified using confirmed pivot points. Divergences are visualized with explicit line structures and optional filled areas, highlighting the zone of disagreement between price behavior and momentum. The visualization is designed to remain readable without obscuring price action. Divergences are presented as contextual information, not as mandatory actions. Multi-Timeframe (MTF) Context Digital MACD Divergences MTF supports native multi-timeframe analysis through a dual-pane workflow: A lower-timeframe instance visualizes local momentum dynamics. A higher-timeframe instance visualizes the broader momentum regime within which lower-timeframe fluctuations occur. The higher-timeframe view is not intended as confirmation or filtering logic, but as a contextual background layer that helps interpret short-term momentum behavior inside a larger structural environment. This separation avoids decision compression and keeps each timeframe’s role conceptually distinct. Visual Design Gradient-based histogram fills represent momentum intensity in a continuous manner. Positive and negative momentum regions are clearly differentiated while remaining adaptable to both dark and light chart themes. All visual elements are designed to emphasize state and regime, not discrete events. Reliability No repainting: all divergences and momentum states are confirmed on candle close and remain fixed. Designed for consistency across instruments and timeframes. Customization Options Timeframe selection for MTF mode (leave empty to use the chart’s timeframe). Adjustable signal smoothing parameters. Divergence visibility controls, pivot sensitivity, and optional divergence fill. Fully customizable color palette. Usage Notes This indicator is a visual market analysis tool intended to support momentum interpretation and structural context. It does not provide investment advice, trading signals, or automated decision logic, and should be used as part of a broader analytical framework. Final quotes: "Trading is not about prediction, but about understanding momentum structure. Digital MACD removes noise to make that structure visible."
Pine Script® indicator
by Horazio
Market Probability Dashboard📊 Market Probability Dashboard Market Probability Dashboard is a context-driven analytical tool designed to help traders assess directional bias and market conditions using a probabilistic framework. It does not generate buy/sell signals. Instead, it provides a structured view of bullish vs bearish probability, market regime, and execution readiness — allowing traders to make informed discretionary decisions. 🔍 What This Indicator Does This indicator estimates the probability of directional movement in the market by combining: Futures-based momentum and volatility (execution focus) Spot-based structure and regime (context focus) A bounded probability engine with adaptive caps A visual state model for decision clarity The output is a dashboard + histogram that summarizes market conditions in real time. 🧠 Probability Model (High-Level) The probability engine follows these principles: Baseline neutrality: Starts from 50% Momentum adjustment: Futures EMA alignment nudges probability Volatility awareness: Expanding volatility increases confidence Regime control: Spot-derived regime limits probability extremes Clamping: Probabilities are intentionally bounded to avoid overconfidence All probabilities are relative, not predictive. ⏱ Timeframe Logic (Auto Mode) When Auto Timeframe Engine is enabled: Execution timeframe = chart timeframe Context timeframe = automatically derived higher timeframe Regime timeframe = higher-order structure timeframe This design helps reduce confusion between execution vs context, especially for intraday traders.You may disable Auto Mode and use fixed timeframes if preferred. 📊 Visual Layout Explained 1️⃣ Probability Histogram (Bottom Pane) Green bars → Bullish probability dominance Red bars → Bearish probability dominance Yellow zone (45–55) → No-trade / balance area Bar opacity increases with conviction strength This view helps you see how probability evolved historically, not just the latest value. 2️⃣ Dashboard Panel (Top-Right) Field Meaning ACTION Current market participation state UP BIAS % Bullish probability (bounded) MARKET MODE Regime derived from spot structure TRADE TF Execution timeframe CONTEXT TF Higher timeframe context The table is intentionally minimal to remain readable on all chart sizes. 🧭 Decision State Logic (Interpretation Guide) The indicator classifies conditions into states, not signals: State Interpretation NO-TRADE Balanced or range-bound conditions SCALP-ALLOW Short-term participation possible with reduced expectations TRADE-LIGHT Directional bias present, moderate conviction TRADE-PRESS Strong alignment and momentum EXIT Momentum deterioration or probability reversal These are context labels, not trade instructions. 🧑‍💻 How to Use This Indicator Best used as: A bias filter before taking trades A context layer alongside price action A confidence gauge, not a trigger Recommended pairing: Price structure Volume / VWAP Personal risk rules ⚠️ Important Disclaimer This indicator is for analytical and educational purposes only.It does not provide buy/sell signals.It does not predict future price. All probability values are estimates, not guarantees.Trading involves risk. Always validate decisions using your own analysis and risk management.
Pine Script® indicator
by Market_Logic_India
USDT: Market cap changeUSDT: Market Cap Change This indicator tracks the market capitalization changes of major stablecoins (USDT, USDC, and DAI) to help identify capital flows in the cryptocurrency market. Features: Monitor daily and custom period market cap changes for selected stablecoins Configurable stablecoin selection (USDT, USDC, DAI) Adjustable lookback period for measuring market cap changes Multiple moving average types (SMA, EMA, HMA, WMA, RMA) for trend analysis Visual representation with columns for daily changes and area fill for custom period changes How to Use: The indicator displays two main metrics: daily market cap change (shown as columns) and custom period change (shown as a line with area fill). Positive values indicate capital inflow into stablecoins, which may suggest accumulation or risk-off sentiment. Negative values indicate capital outflow, potentially signaling deployment into other crypto assets. The moving average overlay helps identify trends in stablecoin market cap changes over time. Settings: Select which stablecoins to track Adjust the lookback period (default: 60 days) Toggle and configure the moving average overlay Customize MA type and length Data Source: Uses Glassnode market capitalization data for USDT, USDC, and DAI on a daily timeframe.
Pine Script® indicator
by qowazzz
Oscillator Suite [BackQuant]Oscillator Suite Oscillator Suite is built for one job: turn live market noise into a readable sequence of conditions. Not “one signal.” Not “one oscillator.” A coordinated set of modules that track momentum , money pressure , and agreement between them so you can see when moves have real backing, when they are fading, and when reversal conditions are worth treating as a serious event. Why this suite feels different in live markets This suite is designed to show the why behind the candle : Is the move being driven or just drifting ? Is participation accumulating or exiting ? Are your components telling the same story , or is the market split? When a reversal appears, is it a real shift in conditions or a random wiggle ? The goal is simple: when components converge, you get higher clarity. When they diverge, you get a warning before price makes it obvious. How to read the suite in order If you want the indicator to feel “alive” instead of confusing, use this order of operations: Money Flow for pressure and participation Momentum Ribbon for direction and shift timing Confluence to measure agreement and regime quality Reversals to mark turning points inside those regimes Divergences for early “engine weakness” warnings Bar Coloring to project the whole read onto price Money Flow (pressure, accumulation, and the “truth layer”) The Money Flow wave is your context filter. It exists to separate: A push that has real buy-side pressure behind it A move that looks bullish but has weak participation A selloff that is heavy distribution A dip where selling is running out of fuel This is where the suite becomes practical. You can watch money flow transition from heavy selling to stabilization and then to early accumulation. Those transitions are where many of the best trades are born because the crowd is still reacting to the last move while conditions are already shifting. Money Flow showing strong accumulation behavior: Momentum Ribbon (the timing engine) Momentum Ribbon is designed to lead. It is your “timing layer” that reads the market’s directional energy and highlights meaningful shifts. The ribbon changes character when momentum strength changes, not after the fact. The signal line smoothing lets you choose how sharp or how filtered your momentum read should be. Crossover/crossunder events are emphasized so you can spot momentum flips without hunting. In live markets, this is what you watch when price is chopping. The ribbon will often show when momentum is actually resolving even if price looks messy for a few candles. Momentum Ribbon with longer-term momentum alignment influence: Confluence Zones (regimes, not random signals) Confluence zones are the difference between “I saw a signal” and “I saw conditions.” They highlight when Momentum and Money Flow are aligned and when they are fighting each other. Bullish confluence means momentum is constructive and pressure supports it. Bearish confluence means momentum is bearish and selling pressure supports it. Mixed conditions mean you should expect chop, fakeouts, and low follow-through unless a transition is underway. This is how you stop forcing trades. When confluence is strong, you can hold with more confidence. When confluence fades, you tighten expectations and demand better structure or confirmation. Reversal Signals (turning points that matter when the environment agrees) Reversal signals are not meant to be blind buy/sell commands. They are “pay attention” events designed to become high value when stacked with the suite’s context. You will see two main behaviors: “ℝ” labels marking stronger reversal events near the extreme bands Cross markers that can appear more frequently to highlight earlier swing warnings Here’s the live-market mindset: A reversal print during heavy opposing pressure is often just a pause. A reversal print when money flow pressure is weakening or shifting is a different animal. A reversal print as confluence transitions is where dips and tops become actionable ideas rather than guesses. Strong reversal examples: Reversals used to catch dips and sell strong turns: Divergences (selective, threshold-based, and meant to reduce noise) Divergences in this suite are designed to appear when momentum is meaningfully extended, so you’re not flooded with low-quality divergence spam in the middle of ranges. What divergence is used for here: Spot “engine weakness” when price attempts to extend but momentum does not match. Warn you early so you can manage risk before the obvious reversal candle shows up. Help you identify when a trend is losing quality, especially when confluence begins fading. This becomes especially powerful when you treat divergence as step one, then look for step two: Momentum ribbon begins to shift Money flow pressure eases or flips Confluence transitions A reversal marker appears at a meaningful location Momentum Velocity (longer-term push vs pull insight) Momentum Velocity adds a second momentum lens that is slower and more “structural.” It helps you see whether the broader momentum environment is supporting what the ribbon is doing. How traders use this in practice: As a “permission layer” to avoid fighting stronger background pressure. To confirm when momentum shifts are likely to hold, not just flip for a bar. To spot when short-term momentum is turning inside a larger supportive environment. Momentum Ribbon leading with added longer-term momentum confluence: Bar Coloring (put the suite onto price) Bar coloring exists for one reason: speed. It projects the suite’s current read directly onto candles so you can process conditions without staring at the panel nonstop. Modes include: Momentum direction Momentum above/below midline MFI above/below midline Confluence (Momentum + Money Flow) Strong Confluence Only Momentum Velocity Strong confluence coloring can help you stop taking trades in mixed conditions and focus on the regimes that actually trend or mean-revert with quality. Multiple bar coloring methods: Practical playbooks 1) Trend participation without chasing Start with confluence. Only get aggressive when the suite shows agreement. Use the ribbon to time entries on momentum shifts instead of random candles. Use money flow to confirm that the trend has real pressure behind it. When confluence fades, manage tighter. That is where follow-through weakens. 2) Dip catching that is not blind Let price pull back while you watch money flow pressure. If selling pressure is still heavy, you are early. If it is easing, you are getting close. When a reversal appears, check whether momentum is stabilizing or flipping. Best dips often show up during a confluence transition, not when everything is still bearish. 3) Selling tops without guessing Watch for momentum weakening while price tries to extend. Divergence becomes your first warning when conditions are stretched. If confluence fades and money flow begins shifting, reversal signals become high-interest events. This sequence is how you catch “strong reversals,” not random pullbacks. Settings that matter (what to tune and why) Momentum Calculation Period Lower: faster, more reactive, more signals Higher: smoother, fewer signals, cleaner regimes Signal Line Type + Smoothing More smoothing: cleaner shifts, less noise Less smoothing: earlier shifts, more activity MFI Calculation + Smoothing Lower: faster pressure read Higher: clearer accumulation/distribution structure Divergence Threshold Lower: more divergence events (shorter-term) Higher: fewer events (more selective, longer-term) Reversal Factor Lower: more reversal events Higher: fewer, stronger events through heavier filtering How to know you are reading it right When you get comfortable, you will start noticing the suite produces “states,” not random prints: State: strong bullish agreement -> momentum drives, pressure supports, candles align. State: bullish but weakening -> momentum begins fading, pressure cools, divergence may warn. State: mixed -> more fakeouts, fewer clean runs, demand stronger confirmation. State: transition -> this is where the best reversals and dip catches often appear. State: strong bearish agreement -> downside pressure is real, short-side regimes behave cleaner. If you trade based on states instead of isolated signals, the suite stops being “an indicator” and becomes a live market interpreter. Risk disclaimer Trading involves risk. This tool provides informational signals and visual context. Always confirm with structure/levels and use proper risk management.
Pine Script® indicator
by BackQuant
2
Trader Otto - QQA Matrix - Quant/Quali Analysis SystemTrader Otto - QQA Matrix - Quant/Quali Analysis is a sophisticated multi-engine signal system that combines quantitative momentum analysis with qualitative market structure validation (Smart Money Concepts) and trend filtering. **Core System Architecture:** The QQA Matrix operates through a four-layer decision framework: 1. **Signal Engine (Dual Motor):** Choose between Adaptive RSI (volatility-adjusted momentum with WWMA smoothing) or Inverse Fisher Transform (statistical oscillator with HMA normalization). Both engines detect high-probability momentum shifts with minimal lag. 2. **Context Layer (SMC Filter):** Validates signals only when price interacts with institutional zones - Fair Value Gaps (FVG) and Order Blocks (OB) - using pivot-based detection and ATR filtering to identify genuine liquidity areas. 3. **Trend Filter (HalfTrend V18):** Optional safety mechanism using amplitude-based trend detection with dual-deviation channels. Filters counter-trend signals to align with dominant market direction. 4. **Confluence Engine:** Employs adjustable time-window tolerance (default 3 bars) to allow slight timing mismatches between trigger and context, capturing confluences that rigid systems miss. **Key Features:** - **Dual Engine Selection:** Switch between Adaptive RSI (range-bound markets) and Inverse Fisher (trending markets) without changing charts - **Smart Money Validation:** Signals fire only inside institutional zones (FVG/OB), avoiding random entries - **Trend Safety Toggle:** Enable/disable trend filter based on your trading style (scalping vs swing) - **Transparent Parameters:** All engine settings exposed in Advanced Configuration - no hidden values - **Low Repaint Risk:** Uses confirmed bar logic and lookback buffers for stable signals **Best Practices:** - **Scalping (1-5min):** Use Inverse Fisher + Trend Filter OFF for faster entries - **Intraday (15-60min):** Use Adaptive RSI + Trend Filter ON for higher win rate - **Swing (4H-Daily):** Use Adaptive RSI + Trend Filter ON + wider Tolerance (5 bars) **Technical Notes:** - FVG Detection: 3-candle pattern (current low > high for bullish) - Order Blocks: Pivot-based with ATR size filter (default 3.0x) to eliminate noise - HalfTrend: Amplitude-based algorithm with SMA confirmation, not standard channel deviation - Signal Cooldown: Built-in array cleanup prevents signal spam from expired zones **Recommended Pairs:** Works best on liquid markets with clear institutional footprint: ES, NQ, BTC, EUR/USD, GBP/USD, and index futures (WIN, WDO on B3). This is an educational tool. Always backtest parameters for your specific market and timeframe before live trading.
Pine Script® indicator
by OttoJunior
Aura Vortex Oscillator [Pineify]Aura Vortex Oscillator – Adaptive Momentum with Visual Depth The Aura Vortex Oscillator is a sophisticated momentum indicator that transforms raw price action into a visually immersive analytical tool. By combining Sigmoid-based normalization through ArcTan mathematics with adaptive momentum calculations, this oscillator delivers clear, bounded signals while filtering market noise. The distinctive "Vortex Mesh" visualization creates a layered depth effect that reveals trend consensus across multiple smoothing periods. Key Features Sigmoid normalization using ArcTan function for bounded output (-100 to +100) Adaptive momentum calculation with standard deviation normalization Multi-layered "Vortex Mesh" creating visual depth and trend confluence signals Dynamic color-coded visualization for instant trend recognition Zero-line crossover signals with plotted reversal markers Extreme zone highlighting for overbought/oversold conditions How It Works The core calculation begins with computing the Z-score of price relative to its simple moving average, normalized by standard deviation. This adaptive component automatically adjusts sensitivity based on recent volatility. The normalized value then passes through an ArcTan function, which acts as a sigmoid transformation, "squarifying" the output to emphasize extreme conditions while keeping values bounded. os = atan(z × intensity) × 63.66 The multiplier 63.66 scales the output to approximately -100 to +100, providing intuitive overbought/oversold levels at ±50. Trading Ideas and Insights Use zero-line crossovers as primary trend change signals – bullish when crossing above, bearish when crossing below Monitor the Vortex Mesh thickness – a thick, solid aura indicates strong trend consensus across timeframes Watch for background highlighting at ±50 levels to identify statistical extremes for potential reversals Combine with price action analysis when the oscillator reaches boundary zones How Multiple Indicators Work Together The Aura Vortex Oscillator integrates three technical concepts into one cohesive system. The adaptive momentum calculation provides the raw signal, responding dynamically to market volatility. The ArcTan normalization bounds this signal and emphasizes extremes without clipping. Finally, the Vortex Mesh applies multiple EMA smoothing layers to the base signal, creating visual depth that shows whether different momentum speeds agree on trend direction. Unique Aspects Unlike traditional oscillators that show a single line, this indicator visualizes momentum as a "thermal field" through its layered mesh system. The mesh expands and contracts based on trend agreement – a thick, cohesive glow suggests high-confluence momentum, while a thin, scattered appearance warns of choppy, range-bound conditions. How to Use Add the indicator to your chart as a separate pane Look for color transitions (green to red or vice versa) at zero-line crosses for trend reversals Use the ±50 boundary zones and background highlighting to identify overextended conditions Enable the Vortex Mesh to visualize trend strength and momentum consensus Customization Vortex Sensitivity (20) : Base period for momentum calculation – lower values increase responsiveness Vortex Intensity (2.0) : Amplifies signal squarification – higher values push readings toward extremes faster Aura Smoothing (8) : EMA period for the main signal line – higher values reduce noise Enable Vortex Mesh : Toggle the layered visualization effect Color Settings : Customize bullish, bearish, and neutral colors Conclusion The Aura Vortex Oscillator offers traders a unique perspective on momentum analysis by combining mathematical rigor with innovative visualization. Its adaptive normalization ensures reliable signals across different market conditions, while the Vortex Mesh provides instant visual feedback on trend quality. Whether you are identifying trend reversals, measuring momentum strength, or seeking confluence confirmation, this oscillator delivers actionable insights in an intuitive format.
Pine Script® indicator
by Pineify
AlphaStrike: Zen ModeDescription: 1. The Philosophy: Reducing Cognitive Load Modern charts are often cluttered with dozens of noisy lines (Bollinger Bands, Moving Averages, Oscillators) that lead to "Analysis Paralysis." This script is designed with a "Zen" philosophy: P rocess the complexity in the background, but display only the decision. This is not a simple indicator overlay. It is a Risk-Based Trading Engine that runs multiple validation checks (Momentum, Volatility, and Price Action) simultaneously but hides the underlying calculations to keep the chart clean. It focuses the trader's attention on the two things that matter most: Trend Direction and Position Sizing. 2. The "Invisible" Technical Engine The script operates on a Dual-State Logic system that adapts to market conditions. It uses standard indicators as filters, not just visuals. A. Trend State (The Backbone) The script calculates a volatility-adjusted Trend Baseline (SuperTrend). Green State: The market is in a markup phase. The script looks for continuation. Red State: The market is in a markdown phase. The script looks for defense. B. The "Confluence" Reversal Logic Instead of cluttering the screen with Bollinger Bands and RSI windows, the script performs these checks internally: Condition 1 (Volatility): Is price extending beyond the 2.0 Standard Deviation (Bollinger Lower/Upper)? Condition 2 (Momentum): Is RSI overextended (<35 or >65)? Condition 3 (Price Action): Is there a specific Pin Bar candle pattern (Long wick rejection)? Result: Only when all three conditions align does the script print a "Reversal Circle." This filters out weak signals that usually occur in strong trends. 3. The Risk Management Calculator (Key Feature) Most traders fail not because of bad entries, but because of inconsistent sizing. This script features a built-in Dynamic Position Sizing Dashboard located in the bottom right. Adaptive Stop Loss: In a Trend: The Stop Loss is automatically set to the Trend Line (SuperTrend). In a Reversal: The script internally scans for the nearest Swing Low/High (using hidden Pivot calculations) and sets the Stop Loss there. Position Sizing Math: The dashboard reads your Account Size and Risk % inputs. It instantly calculates the "Max Size" (contract/share amount) allowed for the current trade. Formula: Position Size = (Account Value * Risk %) / Distance to Stop. Benefit: This ensures you risk the exact same dollar amount on every trade, whether the stop loss is 1% away or 10% away. 4. How to Read the Signals Triangles (Breakouts): These represent a shift in the dominant trend direction. Green Triangle: Bullish Trend Start. Red Triangle: Bearish Trend Start. Circles (Mean Reversion): These are high-probability counter-trend plays. Blue Circle: Buy Reversal (Oversold + Pinbar + Bollinger Support). Orange Circle: Sell Reversal (Overbought + Pinbar + Bollinger Resistance). 5. Settings Trend Settings: Adjust the ATR Period and Factor to change the sensitivity of the trend line. Reversal Settings: Tweak the RSI and Bollinger thresholds to filter out more/less signals. Risk Management: Input your total Account Size and desired Risk Per Trade (e.g., 1%) to calibrate the Dashboard. Disclaimer This tool provides algorithmic analysis and risk calculations. It does not guarantee profits or provide financial advice. Always verify position sizes before executing.
Pine Script® indicator
by KIRI7077
1
BE-QuantFlow: Adaptive Momentum Trading█ Overview: QuantFlow: Adaptive Momentum Trading QuantFlow is a sophisticated algorithmic momentum trading method designed specifically for indices and high-beta stocks. However, its logic is universal; with appropriate parameter tuning, it adapts to various asset classes and timeframes. While the standard momentum indicators (like RSI or MACD) simply measure how fast price is moving (Velocity), QuantFlow analyzes the quality and conviction of the trend . Features like Dynamic Volatility Filtering and Trend Shielding, combined with volatility weighting and a "Dual-Line" approach to distinguish between a sustainable institutional trend and a temporary retail spike, make the indicator unique and more powerful. █ Why QuantFlow ? Quant (The Engine): This replaces subjective guessing with objective math. Instead of just seeing that the price is "up," we measure "how it got there". For example, a stock that rises 1 currency value every day for 10 days (smooth trend) gets a much higher score than a stock that jumps 10 currency value in one minute and does nothing else (erratic noise). This mathematical rigor provides the structure. █ Core Logic & Philosophy To understand how QuantFlow calculates momentum, imagine a "Tug-of-War" between Buyers (Bulls) and Sellers (Bears). Most indicators (like RSI) use a single line. If RSI is at 50, it means "Neutral." But "Neutral" can mean two very different things: Peace: Nothing is happening. No one is buying or selling. War: Buyers are pushing hard, but Sellers are pushing back equally hard. Volatility is massive. A single line hides this reality. QuantFlow splits the market into two separate scores: Bull Score (Green Line): How hard are the buyers pushing? Bear Score (Red Line): How hard are the sellers pushing? The Layman's Advantage: If both lines are low = Sleepy Market (Avoid). If Green is high and Red is low = Clean Uptrend (Buy). If Red is high and Green is low = Clean Downtrend (Sell). If both lines are high = Chaos/War Zone (Wait). █ How it Weight "Sustenance" (The Critical Quality Check) This is the most unique aspect of QuantFlow: Trend direction alone is not enough; Sustenance is weighed equally . Standard indicators treat every 10 currency value movements the same way with no distinction. However, QuantFlow asks, "Did you hold the ground you gained?" Scenario A (High Sustenance) : A stock opens at 100, marches to 110, and closes at 110. Verdict : Buyers pushed up and sustained the price. QuantFlow Weight : 100%. This is a high-quality move. Scenario B (Low Sustenance) : A stock opens at 100, spikes to 110, but gets sold off to close at 102. Verdict : Buyers pushed up (Trend is Up), but failed to sustain it (Long Wick). QuantFlow Weight : 20%. This is treated as "Noise" or a trap. By mathematically weighing the Close Location Value (where the candle closes relative to its high/low), QuantFlow filters out "Gap-and-Fade" traps and exhaustion spikes that fool traditional indicators. Comparisons: QuantFlow vs. The Rest Calculation Logic : Standard RSI/MACD measures simple price change over time. QuantFlow measures Price Change 'times (x)' Conviction (Sustenance Weighting). Visual Output : Standard tools show a single line (0-100), often hiding market conflict. QuantFlow displays Dual Lines (Bull vs Bear Intensity) to reveal the true state of the battle. Trap Handling : Standard indicators are often fooled by sharp spikes. QuantFlow ignores "Gap-and-Fade" moves with poor closing conviction. Adaptability : Standard tools use static levels (e.g., Overbought > 70). QuantFlow uses Dynamic Bands that adjust automatically to recent volatility. █ Dynamic Volatility Filtering Unlike standard indicators that use fixed levels (e.g., "Buy if RSI > 50"), QuantFlow acknowledges that "50" means something different in a quiet market versus a crashing market. This section explains the statistical engine driving the signals. The Problem with Static Levels : In a low-volatility environment, a momentum score of 55 might indicate a massive breakout. In a high-volatility environment, a score of 55 might just be random noise. A fixed threshold cannot handle both scenarios. The Solution: Adaptive Statistics : The script maintains a memory of the Momentum Events. It doesn't just look at price; it looks at where the momentum occurred in the past and draws a "Noise Zone" (Grey Band). This logic acts as a "Smart Gatekeeper" for trade entries: Scenario A: Inside the Noise (The Filter) If a new momentum signal happens inside the Noise Zone, the script assumes it is likely chop or noise. Action : It forces a wait period. The signal is delayed until the trend sustains itself for Confirm Bars; else the signal is cancelled. This filters out ~70% of false signals in sideways markets. Scenario B: Outside the Noise (The Breakout) If a new momentum signal happens outside the Noise Zone (or the momentum score smashes through the Upper Band), it is statistically significant (an outlier event). Action: It triggers an Immediate Entry. No waiting is required because the move is powerful enough to escape the historical noise zone. █ The ⚠️ "Warning" System (Heads-up for Smart Reversals) While you are directional if there is potential reversal signal, it provides the heads-up warning for a better decision-making █ Special Utility: Ghost Mode For intraday traders, the biggest disruption to "Flow" is the mandatory broker square-off at 3:15 PM (considering Indian Market). Often, a trend continues overnight, and the trader misses the gap-up opening the next morning because their algo was flat. Ghost Mode is a unique feature that runs silently in the background: At Square-off: The strategy closes your official position to satisfy the broker. In the Background: It keeps the trade "alive" virtually (Ghost). Next Morning: If the market opens in the trend's favor, the strategy re-enters the trade automatically. This approach ensures you capture the full swing of the trend, even if you are forced to exit at the previous session. █ Advice on this indicator: Parameter Calibration: The default settings are optimized for BankNifty on 5-minute charts. If you trade stocks, crypto, commodities, or any higher timeframes (e.g., 15-min or hourly), you must adjust these. Low Volatility Assets: Reduce Stop Multiplier to 2.0. High Volatility Assets: Increase Momentum Lookback to 50 to filter noise. Confluence (Additional Confirmation): While QuantFlow is a complete system, using it alongside Key Support/Resistance Levels or Volume Profile provides the highest probability setups.
Pine Script® strategy
by TradeWiseWithEase
2
Hull DMI - MattesHull DMI - Mattes A Directional Movement Index enhanced with Hull Moving Average smoothing for refined trend detection. This indicator reimagines the classic Directional Movement Index (DMI) by incorporating Hull Moving Average (HMA) smoothing on high and low prices. It calculates the +DI and -DI components based on changes in these hulled values, then derives the ADX for trend strength. The core plot displays the difference between +DI and -DI, colored to indicate bullish (blue) or bearish (purple) dominance when ADX is rising. Additionally, it overlays colored candles on the price chart to visually represent the prevailing trend direction. Key Features: Hull-Smoothed Inputs: Applies HMA to highs and lows before computing directional changes, reducing noise and lag compared to standard DMI. Customizable Lengths: Adjustable periods for HMA, DI, and ADX smoothing to suit various timeframes and assets. Trend Visualization: Plots DI difference with dynamic coloring and overlays trend-colored candles for at-a-glance analysis. Alert Conditions: Built-in alerts for long (bullish) and short (bearish) signals when conditions shift. How It Differs from Standard DMI/ADX: Unlike the traditional DMI, which uses raw price changes and true range, this version employs Hull Moving Averages on highs and lows for smoother, more responsive directional calculations. This minimizes whipsaws in choppy markets while preserving sensitivity to genuine trends. The ADX is integrated to filter signals, ensuring color changes and alerts only occur during strengthening trends, setting it apart from basic oscillator-based indicators. Why It's Useful: Enhanced Trend Identification: The HMA smoothing provides clearer signals in volatile environments, helping traders spot emerging trends earlier. Visual Clarity: Colored DI plot and candle overlays make it easy to interpret market bias without cluttering the chart. Versatility: Suitable for stocks, forex, crypto, and more; excels in trend-following strategies or as a filter for other systems. Risk Management Aid: By focusing on ADX-confirmed moves, it reduces false signals, potentially improving win rates in systematic trading. This Hull DMI variant offers several practical advantages that can directly improve trading decisions and performance: Reduced Lag with Smoother Signals: By applying Hull Moving Average smoothing to highs and lows, the indicator responds faster to genuine trend changes than the standard DMI while filtering out much of the noise that causes false signals in ranging or choppy markets. Traders get earlier entries into trending moves without excessive whipsaws. Built-in Trend Strength Filter: The optional ADX confirmation (enabled by default) ensures bullish signals and blue coloring only activate when trend strength is increasing (ADX rising). This helps traders avoid entering long positions during weakening or sideways trends, focusing capital on higher-probability setups. Clear Visual Bias at a Glance: The single oscillator line (+DI – -DI) centered on zero, combined with dynamic blue/purple coloring and full candle overlay on the price chart, instantly shows the dominant trend direction. No need to interpret multiple lines—traders can quickly assess market bias across multiple charts or timeframes. Versatile Across Markets and Styles: Works effectively on stocks, forex, futures, and cryptocurrencies. Trend-following traders can use it standalone for entries/exits, swing traders can use it for bias confirmation, and scalpers/day traders benefit on lower timeframes due to the reduced lag. Improved Risk Management: By prioritizing ADX-confirmed directional moves, the indicator naturally filters low-conviction setups. This can lead to higher win rates and better risk-reward ratios when used systematically, especially when combined with proper stop-loss placement below/above recent swings. Easy Integration: Built-in alert conditions and simple long/short logic make it straightforward to incorporate into automated strategies, watchlists, or as a confirming filter alongside other indicators (e.g., moving averages, RSI, volume profile). Customizable Sensitivity: Separate inputs for Hull length, DI period, and ADX smoothing allow traders to optimize the indicator for specific assets, volatility regimes, or personal trading horizons—making it adaptable rather than one-size-fits-all. Signals & Interpretation The oscillator plots the difference between +DI and -DI (positive = bullish dominance, negative = bearish). Bullish Signal (Long): +DI crosses above -DI, and (if ADX confirmation enabled) ADX is rising — triggers blue coloring, candle overlay, and long alert. Bearish Signal (Short): -DI crosses above +DI — triggers purple coloring, candle overlay, and short alert. Zero line acts as neutrality; crossings indicate potential trend shifts. Best used in trending markets; ADX rising filter helps avoid whipsaws. // Example Usage in Strategy strategy("Hull DMI Strategy Example", overlay=true) if L strategy.entry("Long", strategy.long) if S strategy.entry("Short", strategy.short) Great Inventions Require great care Disclaimer: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Past performance is not indicative of future results. Always backtest thoroughly on your specific assets and timeframes, and consult a qualified financial advisor before making trading decisions. The author assumes no responsibility for any losses incurred from its use.
Pine Script® indicator
by Mattes00