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Custom Reversal Oscillator [wjdtks255]📊 Indicator Overview: Custom Reversal Oscillator This indicator is a momentum-based oscillator designed to identify potential trend reversals by analyzing price velocity and relative strength. It visualizes market exhaustion and recovery through a dynamic histogram and signal dots, similar to premium institutional tools. Key Components Dynamic Histogram (Bottom Bars): Changes color based on momentum strength. Bright Green/Red indicates accelerating momentum, while Darker shades suggest fading strength. Signal Line: A white line tracing the core momentum, helping to visualize the "wave" of the market. Buy/Sell Dots: Small circles at the bottom (Mint) or top (Red) that signal high-probability reversal points when the market is overextended. 📈 Trading Strategy (How to Trade) 1. Long Entry (Buy Signal) Condition 1: The price should ideally be near or above the 200 EMA (for trend following) or showing a Bullish Divergence. Condition 2: The Histogram bars transition from Dark Red to Bright Green. Condition 3: A Mint Buy Dot appears at the bottom of the oscillator (near the -25 level). Entry: Enter on the close of the candle where the Buy Dot is confirmed. 2. Short Entry (Sell Signal) Condition 1: The price is struggling at resistance or showing a Bearish Divergence. Condition 2: The Histogram bars transition from Dark Green to Bright Red. Condition 3: A Red Sell Dot appears at the top of the oscillator (near the +25 level). Entry: Enter on the close of the candle where the Sell Dot is confirmed. 3. Exit & Take Profit Take Profit: Close the position when the Signal Line reaches the opposite extreme or when the histogram color starts to fade (loses its brightness). Stop Loss: Place your stop loss slightly below the recent swing low (for Longs) or above the recent swing high (for Shorts). 💡 Pro Tips for Accuracy Watch for Divergences: The most powerful signals occur when the price makes a lower low, but the Custom Reversal Oscillator makes a higher low. This indicates "Hidden Strength" and a massive reversal is often imminent.
Pine Script® indicator
by wjdtks255
ADX&DIThis is an enhanced version of the classic ADX and Directional Movement Index (DMI). It is designed to filter out ranging markets and visually highlight trend strength. Key Features: Dual Threshold System: Level 1 (Default 20): Signals the start of a trend. The background fill appears with high transparency. Level 2 (Default 25): Signals a strong trend. The background fill becomes more opaque/solid to indicate momentum. Visual Clarity: The area between DI+ and DI- is only filled when the ADX is above your defined thresholds. This helps you ignore noise in low-volatility environments. Clean Settings: The logic is optimized so you can easily adjust colors and transparency directly in the "Style" tab without cluttered input menus.
Pine Script® indicator
by p_zerbst
MA20 Dual Color Line IndicatorMA20 Dual Color Line Indicator The MA20 Dual Color Line is a simple yet effective moving average indicator designed to help traders quickly visualize price trends and potential reversal points. It plots a 20-period Simple Moving Average (SMA) that changes color based on the relationship between the current closing price and the moving average itself. 🔶 How It Works When the close price is above the MA20, the moving average line turns green, suggesting a potential bullish trend. When the close price is below the MA20, the line turns red, indicating a possible bearish trend. If the price is exactly at the MA20, the line remains white, highlighting a neutral or decision point. 📈 Ideal For Identifying trend direction at a glance Spotting support and resistance levels around the MA20 Enhancing visual analysis without cluttering the chart 🛠 Features Clean and customizable line width Real-time color switching based on price action Overlay display to keep charts organized This indicator is perfect for traders who prefer a clear, color-coded visual aid to complement their trading strategy. Whether you’re a beginner or an experienced trader, the MA20 Dual Color Line helps you stay aligned with the short-term trend.
Pine Script® indicator
by trad7595
QuantLabs Multi Asset Similarity Matrix [V3 Final]The Market is a graph. See the flows: The QuantLabs MASM is not a standard correlation table. It is an Alpha-Grade Scanner architected to reveal the hidden "hydraulic" relationships between global macro assets in real-time. Rebuilt from the ground up for Version 3, this engine pushes the absolute limits of the Pine Script™ runtime. It utilizes a proprietary Logarithmic Math Engine, Symmetric Compute Optimization, and a futuristic "Ghost Mode" interface to deliver a 15x15 real-time correlation matrix with zero lag. Under the Hood: The Quant Architecture We stripped away standard libraries to build a lean, high-performance engine designed for institutional-grade accuracy. 1. Alpha Math Engine (Logarithmic Returns) Most tools calculate correlation based on Price, which generates spurious signals (e.g., "Everything is correlated in a bull run"). The Solution: Our engine computes Logarithmic Returns (log(close /close )) by default. This measures the correlation of change (Velocity & Vector), not price levels. The Result: A mathematically rigorous view of statistical relationships that filters out the noise of general market drift. Dual-Core: Toggle seamlessly between "Alpha Mode" (Log Returns) for verified stats and "Visual Mode" (Price) for trend alignment. Calculation Modes: Pearson (Standard), Euclidean (Distance), Cosine (Vector), Manhattan (Grid). 2. Symmetric Compute Optimization Calculating a 15x15 matrix requires evaluating 225 unique relationships per bar, which often crashes memory limits. The Fix: The V3 Engine utilizes Symmetric Logic, recognizing that Correlation(A, B) == Correlation(B, A). The Gain: By computing only the lower triangle of the matrix and mirroring pointers to the upper triangle, we reduced computational load by 50%, ensuring a lightning-fast data feed even on lower timeframes. 3. Context-Aware "Ghost Mode" The UI is designed for professional traders who need focus, not clutter. Smart Detection: The matrix automatically detects your current chart's Ticker ID. If you are trading QQQ, the matrix will visually highlight the Nas100 row and column, making them opaque and bright while dimming the rest. Dynamic Transparency: Irrelevant data ("Noise" < 0.3 correlation) fades into the background. Only significant "Alpha Signals" (> 0.7) glow with full Neon Saturation. Key Features Dominant Flow Scanner: The matrix scans all 105 unique pairs every tick and prints the #1 Strongest Correlation at the bottom of the pane (e.g., DOMINANT FLOW: Bitcoin ↔ Nas100 ). Streak Counter: A "Stubbornness" metric that tracks how many consecutive days a strong correlation has persisted. Instantly identify if a move is a "flash event" or a "structural trend." Neon Palette: Proprietary color mapping using Electric Blue (+1.0) for lockstep correlation and Deep Red (-1.0) for inverse hedging. Usage Guide Placement: Best viewed in a bottom pane (Footer). Assets: Pre-loaded with the Essential 15 Macro Drivers (Indices, BTC, Gold, Oil, Rates, FX, Key Sectors). Fully editable via settings (Ticker|Name). Reading the Grid: 🔵 Bright Blue: Assets moving in lockstep (Risk-On). 🔴 Bright Red: Assets moving perfectly opposite (Hedge/Risk-Off). ⚫ Faded/Black: No statistical relationship (Decoupled). Key Improvements Made: Formatting: Added clear bullet points and bolding to make it scannable. Clarity: Clarified the "Logarithmic Returns" section to explain why it matters (Velocity vs. Price Levels). Tone: Maintained the "high-tech/quant" vibe but removed slightly clunky phrases like "spurious signals" (unless you prefer that academic tone, in which case I left it in as it fits the persona). Structure: Grouped the "Modes" under the Math Engine for better logic. Created and designed with love by David James @QuantLabs : )
Pine Script® indicator
by CustomQuantLabs
Custom 4 SMAsCustom 4 SMAs – Fully Customizable Moving Averages This indicator allows you to plot up to four independent Simple Moving Averages (SMAs) on your chart, with complete control over each one. Features: • Individually enable or disable each SMA • Set custom length for each SMA • Choose any color • Adjust line width (1–4) • Select line style: Solid, Dashed, or Dotted Perfect for: - Multi-timeframe trend analysis - Golden/death cross setups - Support & resistance visualization - Clean chart overlays without clutter Default lengths are set to popular values (20, 50, 100, 200), but you can easily adjust them to fit your strategy (e.g., 9/21/55/200 or any other combination). Lightweight, clean, and highly customizable — ideal for traders who want multiple SMAs without adding separate indicators for each.
Pine Script® indicator
by rodb_2025
Trading Volatility Clock⏰ TRADING VOLATILITY CLOCK - Know When the Action Happens (Anywhere in the World) A real-time session tracker with multi-timezone support for active traders who need to know when US market volatility strikes - no matter where they are in the world. Perfect for day traders, scalpers, and anyone trading liquid US markets. ══════════════════════════════════════════════════════ 📊 WHAT IT DOES This indicator displays a live clock showing: - Current time in YOUR selected timezone (10 major timezones supported) - Active US market session with color-coded volatility levels - Countdown timer showing time remaining in current session - Preview of the next upcoming session - Optional alerts when entering high-volatility periods ══════════════════════════════════════════════════════ 🌍 MULTI-TIMEZONE SUPPORT SESSIONS ALWAYS TRACK US MARKET HOURS (Eastern Time): No matter which timezone you select, the sessions always trigger at the correct US market times. Perfect for international traders who want to: • See their local time while tracking US market sessions • Know exactly when US volatility hits in their timezone • Plan their trading day around US market hours SUPPORTED TIMEZONES: • America/New_York (ET) - Eastern Time • America/Chicago (CT) - Central Time • America/Los_Angeles (PT) - Pacific Time • Europe/London (GMT) - Greenwich Mean Time • Europe/Berlin (CET) - Central European Time • Asia/Tokyo (JST) - Japan Standard Time • Asia/Shanghai (CST) - China Standard Time • Asia/Hong_Kong (HKT) - Hong Kong Time • Australia/Sydney (AEDT) - Australian Eastern Time • UTC - Coordinated Universal Time EXAMPLE: A trader in Tokyo selects "Asia/Tokyo" • Clock shows: 11:30 PM JST • Session shows: "Opening Drive" 🔥 HIGH • They know: US market just opened (9:30 AM ET in New York) ══════════════════════════════════════════════════════ 🎯 WHY IT'S USEFUL Whether you trade futures, high-volume stocks, or ETFs, volatility isn't constant throughout the day. Knowing WHEN to expect movement is critical: 🔥 HIGH VOLATILITY (Red): • Opening Drive (9:30-10:30 AM ET) - Highest volume of the day • Power Hour (3:00-4:00 PM ET) - Second-highest volume, final push ⚡ MEDIUM VOLATILITY (Yellow): • Pre-Market (8:00-9:30 AM ET) - Building momentum • Lunch Return (1:00-2:00 PM ET) - Traders returning • Afternoon Session (2:00-3:00 PM ET) - Trend continuation • After Hours (4:00-5:00 PM ET) - News reactions 💤 LOW VOLATILITY (Gray): • Overnight Grind (12:00-8:00 AM ET) - Thin volume • Mid-Morning Chop (10:30-11:30 AM ET) - Ranges form • Lunch Hour (11:30 AM-1:00 PM ET) - Dead zone • Evening Fade (5:00-8:00 PM ET) - Volume dropping ══════════════════════════════════════════════════════ ⚙️ CUSTOMIZATION OPTIONS TIMEZONE SETTINGS: • Select from 10 major timezones worldwide • Clock automatically displays in your local time • Sessions remain locked to US market hours SESSION TIME CUSTOMIZATION: • Every session boundary is adjustable (in minutes from midnight ET) • Perfect for traders who define sessions differently • Advanced users can create custom volatility schedules DISPLAY OPTIONS: • Toggle next session preview on/off • Enable/disable high volatility alerts • Clean, unobtrusive table display in top-right corner ══════════════════════════════════════════════════════ 💡 HOW TO USE 1. Add indicator to any chart (works on all timeframes) 2. Select your timezone in Settings → Timezone Settings 3. Set your chart to 1-minute timeframe for real-time updates 4. Customize session times if needed (Settings → Session Time Customization) 5. Watch the top-right corner for live session tracking TRADING APPLICATIONS: • Avoid trading during dead zones (lunch hour, mid-morning chop) • Increase position size during high volatility windows • Set alerts for Opening Drive and Power Hour • Plan your trading day around US market volatility schedule • International traders can track US sessions in their local time ══════════════════════════════════════════════════════ 🎓 EDUCATIONAL VALUE This indicator teaches traders: • Market microstructure and volume patterns • Why certain times produce better opportunities • How institutional flows create intraday patterns • The importance of timing in active trading • How to adapt US market trading to any timezone ══════════════════════════════════════════════════════ ⚠️ IMPORTANT NOTES - Works best on 1-minute charts for frequent updates - Sessions are ALWAYS based on US Eastern Time (ET) - Timezone selection only changes the clock display - Clock updates when new bar closes (not tick-by-tick) - Alerts trigger once per bar when enabled - Perfect for international traders tracking US markets ══════════════════════════════════════════════════════ 📈 BEST USED WITH - High-volume US stocks: TSLA, NVDA, AAPL, AMD, META - Major US ETFs: SPY, QQQ, IWM, DIA - US Futures: ES, NQ, RTY, YM, MES, MNQ - Any liquid US instrument with clear intraday volume patterns ══════════════════════════════════════════════════════ 🌏 FOR INTERNATIONAL TRADERS This tool is specifically designed for traders outside the US who need to: • Track US market sessions in their local timezone • Know when to be at their desk for US volatility • Avoid waking up for low-volatility periods • Maximize trading efficiency around US market hours No more timezone confusion. No more missing the opening bell. Just set your timezone and trade with confidence. ══════════════════════════════════════════════════════ This is an open-source educational tool. Feel free to modify and adapt to your trading style! Happy Trading! 🚀
Pine Script® indicator
by daniel_lee7395
Goldilocks Regime FilterGoldilocks Regime Filter is a lightweight market condition confirmation indicator engineered specifically for 1-minute Gold scalping. Rather than generating trade signals, this tool focuses on identifying the current market regime—helping traders quickly determine whether price action is behaving in a directional (trending) or rotational (ranging) manner. This allows traders to align their existing entry strategies with appropriate market conditions and avoid applying momentum tactics in unfavorable environments. The indicator synthesizes multiple aspects of market behavior—trend strength, volatility behavior, and price efficiency—into a simple, intuitive top-right table with a clear regime label and confidence reading. This makes it easy to assess market state at a glance without adding clutter to the chart. Key Features Designed specifically for 1-minute Gold charts Clear Trending / Ranging / Neutral regime classification Confidence score to gauge strength of the current condition Non-repainting, confirmation-only logic Minimalist table display that stays out of the way Works alongside any strategy or discretionary approach Intended Use This indicator is designed to be used as a confirmation filter, not a standalone trading system. It is best applied to: Confirm momentum-based setups during directional conditions Avoid overtrading during low-efficiency, rotational markets Improve discipline and context during fast intraday sessions Goldilocks Regime Filter does not provide buy or sell signals and should be used in conjunction with proper risk management and a defined trading plan.
Pine Script® indicator
by DaytrayAlgo
Volume DI Diff + ADX Coloreado por AOInterpretationIf +DI > -DI (positive DI+ - DI- difference) → Upward trend pressure (bullish signal). If -DI > +DI (negative DI+ - DI- difference) → Downward trend pressure (bearish signal). Crossovers between +DI and -DI generate buy/sell signals, often filtered by ADX for reliability. This setup is widely used in technical analysis to identify trending markets and avoid whipsaws in ranging conditions. It's part of the broader Average Directional Movement System (ADX/DMI). Key ComponentsADX line: Measures overall trend strength (non-directional). +DI line: Strength of upward movement. -DI line: Strength of downward movement. Trend direction is determined by which DI line is dominant:+DI > -DI: Bullish trend (upward pressure). -DI > +DI: Bearish trend (downward pressure). Crossovers between +DI and -DI can signal potential trend changes, but they are most reliable when ADX confirms sufficient strength.ADX Trend Strength Levels (Common Interpretations)ADX Value Trend Strength Recommendation 0–20 Weak or no trend (ranging/sideways market) Avoid trend-following strategies; consider range-bound or oscillator-based trades. 20–25 Emerging or moderate trend (gray zone) Monitor for confirmation; potential start of trend. 25–50 Strong trend Ideal for trend-following strategies (e.g., moving averages, breakouts). 50–75 Very strong trend High momentum; good for riding trends, but watch for exhaustion. 75–100 Extremely strong trend (rare) Often overextended; risk of reversal or correction. Rising ADX: Trend is strengthening. Falling ADX: Trend is weakening (even if still high).
Pine Script® indicator
by pepito87pp
CosmicFXLibraryLibrary "CosmicFXLibrary" isMarketHours(session)   Parameters:      session (string) cosmicBackgroundColor(enable, isBull, enablePulse, intensity, pulseSource, bullC1, bullC2, bearC1, bearC2)   Parameters:      enable (bool)      isBull (bool)      enablePulse (bool)      intensity (int)      pulseSource (string)      bullC1 (color)      bullC2 (color)      bearC1 (color)      bearC2 (color) starLayer1() starLayer2() starLayer3() explosionTrigger(enable, breakout, session)   Parameters:      enable (bool)      breakout (bool)      session (string) explosionStrength()
Pine Script® library
by Deepak-16
Implicit Dolar MEPWhich stock or CEDEAR offers the best implied MEP dollar rate? This indicator displays labels positioned at the level of the implied MEP dollar rate for the 10 equity instruments (stocks, CEDEARs and ETFs) with the highest trading volume in MEP dollars over the last month on the BYMA market. The implied rate for each asset is calculated as the ratio between its price in ARS and its price in MEP dollars, for example: GGAL / GGALD. As a reference (benchmark), a white line is plotted representing the implied MEP dollar rate of the AL30 bond, calculated as AL30 / AL30D, which is the most liquid government bond in the BYMA market. Settings • The user may enter the ticker of any bi-currency instrument (fixed income or equity) to add its label to the chart. Key information An information box highlights: • The asset with the most expensive implied dollar (Best SELL). • The asset with the cheapest implied dollar (Best BUY). Not an investment recommendation. This information is provided for informational purposes only and does not constitute an offer, solicitation, or investment advice. Investment decisions are the sole responsibility of the investor.
Pine Script® indicator
by EcoValores
50-Point Psych Levels (Multiples of 50)50-Point Psychological Levels (Multiples of 50) This indicator plots static psychological price levels at fixed point intervals (default every 50 points) across the chart. These levels are commonly watched by traders as natural areas of reaction, balance, support, and resistance, especially on index futures such as NQ, ES, YM, and RTY. The script automatically centers the levels around the current market price and draws them across a configurable range above and below price. All levels extend across the entire chart and are drawn once only, keeping the display clean and preventing redraw lag. Key Features Plots horizontal levels at fixed point spacing (default: 50 points) Automatically anchors around the latest price Configurable range above and below price Customizable line color, width, and style Lightweight, non-repainting, static reference levels Best Use Cases Identifying psychological support and resistance Confluence with VWAP, EMA structure, ORB levels, and volume Futures trading (NQ, ES, YM, RTY), indexes, and large-tick instruments
Pine Script® indicator
by scottwgarrett