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Indicators and strategies

MestreDoFOMO Renko Underground v4.0Description: The "MestreDoFOMO Renko Underground v4.0" is a custom indicator for TradingView that creates a dynamic Renko chart to help identify trends and reversal points in the market. Unlike traditional candlestick charts, Renko focuses solely on significant price movements, ignoring time and market noise. This script includes advanced features like support and resistance channels, moving averages, and alerts to assist with your trading decisions. How It Works: Dynamic Renko Bricks: The brick size (price units to form each "box" on the chart) is calculated automatically using the ATR (Average True Range) with an adjustable multiplier. This means the size adapts to the asset's volatility (e.g., BTC/USDT). When the price moves up or down by the brick size, a new brick is created (green for up, red for down). Reversal Signals: Green triangles (🔼) appear below bars when the trend shifts to bullish, and red triangles (🔽) appear above when it shifts to bearish. These signals only appear on direction changes, reducing false signals. Renko Channel: The script draws two lines (green for resistance and red for support) based on the highs and lows of the last 10 bricks (or the value you set). This helps identify key price zones. Moving Average on Bricks: An orange line shows the moving average (EMA or SMA, your choice) of the last 20 bricks, helping confirm the overall trend. Alerts: You can set up alerts in TradingView to be notified when the trend shifts to bullish or bearish, perfect for active trading. Visualization: A gray dashed line shows the level of the last brick, providing a clear reference for the next expected move. How to Use: Add the indicator to your chart (e.g., BTC/USDT 1D). Adjust parameters like the ATR multiplier, channel length, and moving average type in the settings menu. Watch the bricks and signals to identify trends, and use the channels and moving average to plan entries and exits. Enable alerts to receive real-time notifications. Tip: Test on different timeframes (1H, 4H, 1D) and adjust the ATR multiplier to match the volatility of the asset you're trading. Combine with other indicators (like RSI) for better results!
Pine Script® indicator
by MestreDoFOMO
Quadruple EMA (QEMA)The Quadruple Exponential Moving Average (QEMA) is an advanced technical indicator that extends the concept of lag reduction beyond TEMA (Triple Exponential Moving Average) to a fourth order. By applying a sophisticated four-stage EMA cascade with optimized coefficient distribution, QEMA provides the ultimate evolution in EMA-based lag reduction techniques. Unlike traditional compund moving averages like DEMA and TEMA, QEMA implements a progressive smoothing system that strategically distributes alphas across four EMA stages and combines them with balanced coefficients (4, -6, 4, -1). This approach creates an indicator that responds extremely quickly to price changes while still maintaining sufficient smoothness to be useful for trading decisions. QEMA is particularly valuable for traders who need the absolute minimum lag possible in trend identification. ▶️ **Core Concepts** Fourth-order processing: Extends the EMA cascade to four stages for maximum possible lag reduction while maintaining a useful signal Progressive alpha system: Uses mathematically derived ratio-based alpha progression to balance responsiveness across all four EMA stages Optimized coefficients: Employs calculated weights (4, -6, 4, -1) to effectively eliminate lag while preserving compound signal stability Numerical stability control: Implements initialization and alpha distribution to ensure consistent results from the first calculation bar QEMA achieves its exceptional lag reduction by combining four progressive EMAs with mathematically optimized coefficients. The formula is designed to maximize responsiveness while minimizing the overshoot problems that typically occur with aggressive lag reduction techniques. The implementation uses a ratio-based alpha progression that ensures each EMA stage contributes appropriately to the final result. ▶️ **Common Settings and Parameters** Period: Default: 15| Base smoothing period | When to Adjust: Decrease for extremely fast signals, increase for more stable output Alpha: Default: auto | Direct control of base smoothing factor | When to Adjust: Manual setting allows precise tuning beyond standard period settings Source: Default: Close | Data point used for calculation | When to Adjust: Change to HL2 or HLC3 for more balanced price representation Pro Tip: Professional traders often use QEMA with longer periods than other moving averages (e.g., QEMA(20) instead of EMA(10)) since its extreme lag reduction provides earlier signals even with longer periods. ▶️ **Calculation and Mathematical Foundation** Simplified explanation: QEMA works by calculating four EMAs in sequence, with each EMA taking the previous one as input. It then combines these EMAs using balancing weights (4, -6, 4, -1) to create a moving average with extremely minimal lag and high level of smoothness. The alpha factors for each EMA are progressively adjusted using a mathematical ratio to ensure balanced responsiveness across all stages. Technical formula: QEMA = 4 × EMA₁ - 6 × EMA₂ + 4 × EMA₃ - EMA₄ Where: EMA₁ = EMA(source, α₁) EMA₂ = EMA(EMA₁, α₂) EMA₃ = EMA(EMA₂, α₃) EMA₄ = EMA(EMA₃, α₄) α₁ = 2/(period + 1) is the base smoothing factor r = (1/α₁)^(1/3) is the derived ratio α₂ = α₁ × r, α₃ = α₂ × r, α₄ = α₃ × r are the progressive alphas Mathematical Rationale for the Alpha Cascade: The QEMA indicator employs a specific geometric progression for its smoothing factors (alphas) across the four EMA stages. This design is intentional and aims to optimize the filter's performance. The ratio between alphas is **r = (1/α₁)^(1/3)** - derived from the cube root of the reciprocal of the base alpha. For typical smoothing (α₁ < 1), this results in a sequence of increasing alpha values (α₁ < α₂ < α₃ < α₄), meaning that subsequent EMAs in the cascade are progressively faster (less smoothed). This specific progression, when combined with the QEMA coefficients (4, -6, 4, -1), is chosen for the following reasons: 1. Optimized Frequency Response: Using the same alpha for all EMA stages (as in a naive multi-EMA approach) can lead to an uneven frequency response, potentially causing over-shooting of certain frequencies or creating undesirable resonance. The geometric progression of alphas in QEMA helps to create a more balanced and controlled filter response across a wider range of movement frequencies. Each stage's contribution to the overall filtering characteristic is more harmonized. 2. Minimized Phase Lag: A key goal of QEMA is extreme lag reduction. The specific alpha cascade, particularly the relationship defined by **r**, is designed to minimize the cumulative phase lag introduced by the four smoothing stages, while still providing effective noise reduction. Faster subsequent EMAs contribute to this reduced lag. 🔍 Technical Note: The ratio-based alpha progression is crucial for balanced response. The ratio r is calculated as the cube root of 1/α₁, ensuring that the combined effect of all four EMAs creates a mathematically optimal response curve. All EMAs are initialized with the first source value rather than using progressive initialization, eliminating warm-up artifacts and providing consistent results from the first bar. ▶️ **Interpretation Details** QEMA provides several key insights for traders: When price crosses above QEMA, it signals the beginning of an uptrend with minimal delay When price crosses below QEMA, it signals the beginning of a downtrend with minimal delay The slope of QEMA provides immediate insight into trend direction and momentum QEMA responds to price reversals significantly faster than other moving averages Multiple QEMA lines with different periods can identify immediate support/resistance levels QEMA is particularly valuable in fast-moving markets and for short-term trading strategies where speed of signal generation is critical. It excels at capturing the very beginning of trends and identifying reversals earlier than any other EMA-derived indicator. This makes it especially useful for breakout trading and scalping strategies where getting in early is essential. ▶️ **Limitations and Considerations** Market conditions: Can generate excessive signals in choppy, sideways markets due to its extreme responsiveness Overshooting: The aggressive lag reduction can create some overshooting during sharp reversals Calculation complexity: Requires four separate EMA calculations plus coefficient application, making it computationally more intensive Parameter sensitivity: Small changes in the base alpha or period can significantly alter behavior Complementary tools: Should be used with momentum indicators or volatility filters to confirm signals and reduce false positives ▶️ **References** Mulloy, P. (1994). "Smoothing Data with Less Lag," Technical Analysis of Stocks & Commodities . Ehlers, J. (2001). Rocket Science for Traders . John Wiley & Sons.
Pine Script® indicator
by mihakralj
WOLONG Dev v2.6 - GPT+Pineconnector'WOLONG Pine Script - Summary and Maintenance Guide ================================================== 1. SYSTEM OVERVIEW ------------------- This Pine Script is designed for automated alert-based trading using PineConnector, integrating key trading logic with alert() calls for entry/exit on TradingView. It includes: - Dynamic trailing stop logic - Label plotting for entry/exit points - Real-time alerting with webhook support - Embedded testing logic (popup/email alerts) 2. KEY COMPONENTS ------------------- - `entryPrice`, `exitPrice`, `inTrade`: Track trade states - `dynamic_sl`: Updated SL according to TP1 → TP2 → TP3 - `alert()`: Sends webhook to PineConnector (MT4/MT5 integration) - `label.new`: Marks entries/exits for visual review - `plotshape()`: Shows BUY/SELL signals for strategy visualization 3. ALERT CONDITIONS --------------------- Alerts trigger when: - Entry + SL + TP1/2/3 are plotted - Signal is confirmed on candle close (barstate.isconfirmed) - No duplicate alert is sent (controlled with `alertSent`) 4. TRAILING SL RULES --------------------- - SL starts at original stop_y - Moves to Entry when TP1 is hit - Moves to TP1 when TP2 is hit - Moves to TP2 when TP3 is hit - Always waits for candle close before shifting (anti-repaint) 5. COMMON ERRORS (and Fixes) ----------------------------- - `Undeclared identifier 'label'`: Use label.style_label_up/down (v5 syntax) - `Already defined`: Ensure var declarations occur only once - Replay mode: Alerts won't trigger webhook (for test use only) 6. MAINTENANCE TIPS --------------------- - Always test in TradingView Replay before using live - Monitor alert logs + MT4/MT5 Experts tab to verify webhook success - Avoid declaring same variable multiple times - For new strategy logic, always wrap execution with `barstate.isconfirmed` 7. RECOMMENDATIONS --------------------- - Use 1–5 minute timeframes for scalping logic - Set alert: "Any alert() function call" + webhook URL - Add a version number and change lo
Pine Script® indicator
by FAKEYGOLD
Fear-Greed ThermometerFear-Greed Thermometer This simple indicator measures market sentiment, ranging between fear and greed, based on volatility, volume, and price changes. Values above 50 indicate greed (optimism). Values below 50 indicate fear (pessimism). Optional dynamic background that changes color according to sentiment. Adjustable parameters for volatility, volume, and price change periods. Creator’s note: This indicator must be visually calibrated by observing the chart and adjusted as needed. Private creator — no affiliation with TradingView or any brokers. If you appreciate the developer’s work, please consider contributing voluntarily to help keep this project alive for the whole community. ✔️ Donation Wallet (low-fee network): USDT-(TRC20)= TZB4spB1XErqw9BPSWmaAkCznXb172quEY USDT (BSC-BEP20)= 0xa177945d6fab3b2d3726366c951f4955ab338593 USDT (APTOS)= 0x47014ea8d6a22634046fa19fd8b7574db4ef702758a4d80a2d189b610438ce43 USDT (Mantle-Network)= 0xa177945d6fab3b2d3726366c951f4955ab338593
Pine Script® indicator
by Canhoto-Medium
GOD Complex Trading By QTX Algo SystemsGOD Complex Trading by QTX Algo Systems Overview GOD Complex Trading is a comprehensive signal engine that combines multiple QTX Algo Systems indicators into a unified framework for identifying high-confluence reversal and continuation setups. It includes dynamic entry detection, adaptive stop loss logic, multi-timeframe analysis, score-based risk scaling, and real-time trade visualization. This script is designed for discretionary traders who want to see structured trade logic unfold directly on the chart, with visual labeling of entry type, dynamic stop loss placement, exit score computation, and key trade metrics shown in an on-chart table. How It Works Each trade is classified into one of four categories: Reversal Long Reversal Short Continuation Long Continuation Short Each trade type has a distinct confluence requirement involving real-time and higher-timeframe inputs. The indicator calculates a confluence score out of 200 and determines HTF (high-timeframe) directional bias across three layers (HTF1, HTF2, HTF3), which are configurable. QTX Indicators Used This script integrates internal logic from the following proprietary QTX tools: VBM (Volatility-Based Momentum) – Confirms directional bias using momentum slope and volatility increase. VBSMI (Volatility-Based SMI) – Detects early momentum shifts via band exits and crossovers of adaptive smoothed SMI values. SEA (Statistically Extreme Areas) – Highlights exhaustion zones using normalized volatility, smoothed range deviation, and SMI divergence. SPB (Statistical Price Bands) – Uses volatility and trend-adjusted percentiles to define dynamic overbought/oversold zones. COI (Continuation Opportunity Indicator) – Validates re-entry opportunities following a pullback during trend continuation. Signal Logic – Examples Each entry type is built from layered logic: Reversal Long (Example) Triggers when: VBSMI is in dynamic oversold and crosses up SEA level is at or below threshold (signaling statistical exhaustion) SPB confirms recent low percentile hit VBM and COI do not indicate trend continuation in the opposite direction Continuation Long (Example) Triggers when: No recent extreme zones (SPB or SEA) are present VBM confirms continued trend momentum VBSMI crosses up and confirms strength COI may confirm re-entry conditions High-timeframe bias scores show alignment All entries are subject to filter checks, including: Minimum confluence score HTF bias thresholds (HTF1, HTF2, HTF3) Position type and trade history Key Features Trade Type Auto-Labeling Each signal is labeled (“Rev Long”, “Cont Short”, etc.) directly on the chart for instant identification. Stop Loss Visualization Stop loss levels are calculated using a weighted average of ATR-based padding and prior swing highs/lows. Ghost lines are drawn for Add trades. TP1 / TP2 Logic TP1: Fires on opposite VBSMI crossover (momentum loss). TP2: Fires when the opposite side’s reversal score exceeds a user-defined threshold. Position Size & Risk Table The on-chart table shows estimated trade size (based on max risk input), stop loss price, and calculated exit score. Reversal trades scale based on confluence score, while continuation trades use linear scaling. Multi-Timeframe Confluence The script uses three automatic higher timeframes to calculate directional bias and exit score amplification. This allows scoring logic to reflect broader trend alignment. Add Trade Logic The indicator detects both same-style and cross-style Add setups. Add signals are labeled and visualized, but should be used cautiously. Auto-Close on Opposite Signal When an opposite entry signal is triggered (e.g. Cont Short after Rev Long), the current trade is automatically considered closed, resetting tracking variables and metrics. Additional Features Fully bar-closed logic: no repainting or mid-bar recalculation. High-precision control over alert triggering using bias filters and score ranges. Dedicated alert conditions for all key trade types and TP/SL events. Score-based position sizing using dynamic confluence score caps. Table remains visible for a configurable number of bars after trade close. Use Cases Manual discretionary entries with clearly labeled setups and real-time validation Score-based trade review and journaling using TP1/TP2 and exit score Optimizing trade filters using alerts with HTF bias and confluence thresholds Data-driven strategy refinement by observing which trades reach full exits Disclaimer This tool is provided for educational and informational purposes only. It does not guarantee any particular outcome or profitability. Always use proper risk management, backtest thoroughly, and consult a financial professional if needed.
Pine Script® indicator
by QTXAlgoSystems
Percentage Calculator🛠️ Percentage Calculator — By Canhoto-Medium Private and independent creator, with no affiliation to TradingView or any broker. 💡 Support this project: If you value the work of a developer who creates useful tools for the community, feel free to contribute voluntarily. This motivates me to continue building more intelligent and advanced indicators for everyone. 💰 Donations via USDT (low-fee network transfer). USDT-(TRC20)= TZB4spB1XErqw9BPSWmaAkCznXb172quEY USDT (BSC-BEP20)= 0xa177945d6fab3b2d3726366c951f4955ab338593 USDT (APTOS)= 0x47014ea8d6a22634046fa19fd8b7574db4ef702758a4d80a2d189b610438ce43 USDT (Mantle-Network)= 0xa177945d6fab3b2d3726366c951f4955ab338593 📜 Description: This calculator is designed to measure the percentage change between two prices, adjusted by leverage, and calculate the profit or loss value, without including your capital in the result. 🔸 Important: The value displayed is only the profit or loss amount, it does NOT include your capital added to it. Example: If you want to know how much you gain from a percentage change on your amount, the calculator shows only that gain, not the total sum (capital + profit). 🔸 About numbers: The system does NOT recognize dots as thousand or million separators. ➡️ The dot is only used for decimal points (cents). ➡️ Understand the scale mentally: • 1000 = one thousand • 1000000 = one million • 1000000000 = one billion ⚙️ Purpose: Created for those who want to quickly calculate percentage changes, understand leverage impact, and plan trades visually, simply, and effectively.
Pine Script® indicator
by Canhoto-Medium
Price-Max-Min📜 Description Independent Developer – Canhoto Medium. No affiliation with TradingView, brokers, or any company. All development, research, testing, and costs are 100% funded by myself, independently, with no external support. If you value the work of independent developers, consider contributing voluntarily as a form of support. 🙏 ✔️ Donation Wallet (low-fee network): USDT-(TRC20)= TZB4spB1XErqw9BPSWmaAkCznXb172quEY USDT (BSC-BEP20)= 0xa177945d6fab3b2d3726366c951f4955ab338593 USDT (APTOS)= 0x47014ea8d6a22634046fa19fd8b7574db4ef702758a4d80a2d189b610438ce43 USDT (Mantle-Network)= 0xa177945d6fab3b2d3726366c951f4955ab338593 🔎 How this indicator works: This indicator identifies and displays on the chart the maximum and minimum prices within a configurable period. It draws two lines: one for the maximum value and one for the minimum value of the selected period. It shows labels indicating the current maximum and minimum values, with options to customize color, size, and horizontal offset. It includes an option for a background highlight to visually emphasize the area on the chart. A practical tool for anyone looking to clearly visualize the recent price extremes, support, and resistance zones based on the market’s own behavior.
Pine Script® indicator
by Canhoto-Medium
Head-Flag basicIndicator "Head-Flag basic" This indicator belongs to the private creator Canhoto Medium, with no affiliation to TradingView or any broker. All work and costs are fully funded by the creator alone, with no external help. If you appreciate the work of this creator, please support and contribute to motivate the continued development of new indicators and help the community. ✔️ Donation Wallet (low-fee network): USDT-(TRC20)= TZB4spB1XErqw9BPSWmaAkCznXb172quEY USDT (BSC-BEP20)= 0xa177945d6fab3b2d3726366c951f4955ab338593 USDT (APTOS)= 0x47014ea8d6a22634046fa19fd8b7574db4ef702758a4d80a2d189b610438ce43 USDT (Mantle-Network)= 0xa177945d6fab3b2d3726366c951f4955ab338593 Indicator Description This indicator automatically identifies some classic technical analysis patterns on the price chart, such as: Head and Shoulders: a reversal pattern from uptrend to downtrend. Inverted Head and Shoulders: a reversal pattern from downtrend to uptrend. Bull Flag: a continuation pattern signaling an uptrend. Bear Flag: a continuation pattern signaling a downtrend. Ascending Triangle: a continuation pattern, generally signaling a bullish move. Descending Triangle: a continuation pattern, generally signaling a bearish move. The indicator plots symbols on the chart whenever these patterns are detected, making it easier to quickly visualize possible technical setups.
Pine Script® indicator
by Canhoto-Medium
Mits Pixel BTCUSDStrategy Using Rsi Stochastic, Hull Moving Average, Price Action and volume differences to get signals HOW IT WORKS Pixel parts : - (U) The first pixel is a pixel that shows a trend during an uptrend, a trend when the market is considered bullish (above the MA line) - (V) The second pixel is the volume pixel, showing the up and down movement of the buy / sell volume . - (M) The third pixel is the momentum pixel, showing the market momentum whether it is overbought or oversold. - (D) The fourth pixel is a pixel that shows a trend during a downtrend, a trend when the market is considered bearish (below the MA line) When the price opens above the MA line, 3 pixels will appear, namely the first Pixel which is called the Trend up Pixel, Pixel Volume , and also the Momentum Pixel. When the price opens below the MA line, 3 pixels will appear, namely Pixel Volume , Pixel Momentum, and the bottom one is the Pixel Down Trend. * Pixel up trend (appears when the open is above the MA line) - The pixel will show a solid green color when a gap up is opened or volume up, then the close price is greater than the open price. - The pixel will show a light green color if there is normal strengthening (the close is bigger than the previous day's close without creating a gap up), then the close price is bigger than the open price. - Pixel will show yellow color if it meets several criteria, for example, close is equal to open or close is bigger than the previous close but close is smaller than open. - The pixel will show a dark red color when there is attenuation and a Gap down is created, then the close price is smaller than the open price. - Pixel will show red color if there is normal weakening (close is smaller than the close of the previous day without creating a gap down), then the close price is smaller than the open price. * Pixel down trend (appears when the open is below the Moving Average) The pixel color indication is the same as the Trend up Pixel * Volume Pixel - The pixel is dark green when there is an increase and a gap up is created and the volume for that day is bigger than the volume of the previous day. - The pixel will be green if there is a normal strengthening and also the volume for that day is greater than the volume of the previous day, or there is a gap up but the volume is smaller than the volume of the previous day. - The pixel is yellow if it meets several conditions, for example, the volume of the day is the same as the volume of the previous day. - The pixel is dark red when there is weakness and a Gap down is created and also the volume of the day's weakness is greater than the volume of the previous day. - The pixel is red if there is normal weakening and also the volume of the day's weakness is bigger than the previous day's volume , or if there is a gap down but the volume is smaller than the previous day's volume . * Momentum Pixel (basically StochRSI combined with other HMA , TopBox (Resistance), BottomBox(Support)). - The pixel is dark green when it meets several conditions, for example the golden cross is below 50. - The pixel is green if it meets several conditions, for example a golden cross below 50 without Gap up. - Pixel will be yellow if it meets several conditions, for example k is greater than d and k has entered the overbought area (greater than 80). - Pixel is dark red when it meets several conditions, for example k is smaller than d and k has entered the overbought area. - Pixel is red when it meets several conditions, for example k is smaller than d and k is greater than 50 and k is less than 80. Bar Color Dark Green : Price Up + Volume Up Green : Price Up + Volume Down Dark Red : Price Down + Volume Up Red : Price Down + Volume Down Too many details that cannot be detailed one by one , but in broad outline as explained above. HOW TO USE * Signals Buy - Strong Buy : All pixels are green, and Momentum Pixel is dark green. - Normal Buy : All pixels are green or two dark green (one of them must momentum pixel) and one yellow. - Spek Buy : * Two green pixels (one of them must momentum pixel) and one yellow or 1 green/dark green in momentum pixel, and other pixels yellow * Signals Sell - Strong Sell : All pixels are red, and Momentum Pixel is dark red. - Normal Sell : All pixels are either red or two dark red (one of them must momentum pixel) and one yellow. - Spek Sell : Two red pixels (one of them must momentum pixel) and one yellow or 1 dark red in momentum pixel, and other pixels yellow - Warning Sell : Momentum pixels are dark red, regardless of the color of the other pixels. * Best use for trading in BTCUSD markets Thanks for Moderators
Pine Script® indicator
by MtrTrader
Full Day Midpoint Line with Dynamic StdDev Bands (ETH & RTH)A Pine Script indicator designed to plot a midpoint line based on the high and low prices of a user-defined trading session (typically Extended Trading Hours, ETH) and to add dynamic standard deviation (StdDev) bands around this midpoint. Session Midpoint Line: The midpoint is calculated as the average of the session's highest high and lowest low during the defined ETH period (e.g., 4:00 AM to 8:00 PM). This line represents a central tendency or "fair value" for the session, similar to a pivot point or volume-weighted average price (VWAP) anchor. Interpretation: Prices above the midpoint suggest bullish sentiment, while prices below indicate bearish sentiment. The midpoint can act as a dynamic support/resistance level, where price may revert to or react at this level during the session. Dynamic StdDev Bands: The bands are calculated by adding/subtracting a multiple of the standard deviation of the midpoint values (tracked in an array) from the midpoint. The standard deviation is dynamically computed based on the historical midpoint values within the session, making the bands adaptive to volatility. Interpretation: The upper and lower bands represent potential overbought (upper) and oversold (lower) zones. Prices approaching or crossing the bands may indicate stretched conditions, potentially signaling reversals or breakouts. Trend Identification: Use the midpoint as a reference for the session’s trend. Persistent price action above the midpoint suggests bullishness, while below indicates bearishness. Combine with other indicators (e.g., moving averages, RSI) to confirm trend direction. Support/Resistance Trading: Treat the midpoint as a dynamic pivot point. Price rejections or consolidations near the midpoint can be entry points for mean-reversion trades. The StdDev bands can act as secondary support/resistance levels. For example, price reaching the upper band may signal a potential short entry if accompanied by reversal signals. Breakout/Breakdown Strategies: A strong move beyond the upper or lower band may indicate a breakout (bullish above upper, bearish below lower). Confirm with volume or momentum indicators to avoid false breakouts. The dynamic nature of the bands makes them useful for identifying significant price extensions. Volatility Assessment: Wider bands indicate higher volatility, suggesting larger price swings and potentially riskier trades. Narrow bands suggest consolidation, which may precede a breakout. Traders can prepare for volatility expansions in such scenarios. The "Full Day Midpoint Line with Dynamic StdDev Bands" is a versatile and visually intuitive indicator well-suited for day traders focusing on session-specific price action. Its dynamic midpoint and volatility-adjusted bands provide valuable insights into support, resistance, and potential reversals or breakouts.
Pine Script® indicator
by thericetrader
Support & Resistance AriesPRIVATE CREATOR CANHOTO MEDIUM — NO AFFILIATION WITH TRADINGVIEW OR BROKERS All work and costs are covered by the creator. If this indicator helps you, please value the developer’s work and contribute voluntarily to motivate the creation of more indicators and support the community. The creator does not receive external assistance. ✔️ Donation Wallet (low-fee network): USDT-(TRC20)= TZB4spB1XErqw9BPSWmaAkCznXb172quEY USDT (BSC-BEP20)= 0xa177945d6fab3b2d3726366c951f4955ab338593 USDT (APTOS)= 0x47014ea8d6a22634046fa19fd8b7574db4ef702758a4d80a2d189b610438ce43 USDT (Mantle-Network)= 0xa177945d6fab3b2d3726366c951f4955ab338593 Description: The Support & Resistance Aries indicator automatically identifies key support and resistance levels by analyzing the highest and lowest closing prices over a customizable period. How it works: The indicator calculates the highest closing price as the resistance level. It calculates the lowest closing price as the support level. Both levels are dynamically updated based on the chosen calculation period. A customizable background color helps highlight the chart area. Purpose: This tool helps traders visually identify important price levels where the market may find support or face resistance, assisting in better trading decisions.
Pine Script® indicator
by Canhoto-Medium
0x278's Swing-Failure-Pattern (SFP)0x278's Swing-Failure-Pattern (SFP) ‑ Confirmed Short Table of Contents Introduction Core Concept – What Is an SFP? How the Indicator Works Visual Elements & Their Meaning Input Parameters Explained Step-by-Step Trading Playbook Example Workflow (Daily BTC-USDT) Alerts & Automation Tips, Tricks & Best Practices FAQ Advanced Configuration & Asset-Class Playbook 1. Introduction The Swing-Failure-Pattern (SFP) – Confirmed Short indicator spots and tracks bearish SFPs on any market and timeframe, with defaults tuned for Daily charts. A bearish SFP occurs when price sweeps a prior swing high (liquidity grab) and then decisively rejects lower , signalling a possible trend reversal or sharp pullback. This script automatically: Identifies the liquidity sweep & rejection (‐"SFP-SHORT" label) Confirms directional intent via a structure-breaking close below the setup low Paints a preferred sell-on-retest zone and tracks its validity Identifies optimal entry opportunities when price retests the zone Generates optional retest and entry alerts when trading conditions appear Self-cleans after a configurable number of bars – keeping your chart tidy Default Timeframe : Daily Default Market : Crypto / FX majors Works On : All symbols + timeframes – simply adjust parameters. 2. Core Concept – What Is an SFP? Sweep (Liquidity Grab) – Price trades above a meaningful swing high, triggering stops & inducing breakout buyers. Rejection – The same bar (or the next) closes back below the swept high, invalidating the breakout. Structure Break – Bears confirm intent by closing below the "setup low" (the most recent pivot low before the sweep). Retest – Price retraces to the sweep zone. Traders seek entries inside the upper half of that zone with invalidation just above the swing high. The indicator encodes these four steps so you can spot high-quality bearish reversals without manual bar-by-bar analysis. 3. How the Indicator Works Phase: Sweep & Rejection Script Logic: high > lastSwingHigh and close < lastSwingHigh Visual Cue: Red SFP-SHORT label above candle Phase: Structure Break Script Logic: Close < setupLow while pattern locked Visual Cue: Zone (red line-box) plotted; SFP-SHORT label stays Phase: Retest Tracking Script Logic: Zone stays active for retestExpiry bars or until tapped Visual Cue: Orange SFP-RETEST label when hit Phase: Entry Signal Script Logic: Price rejection within retest zone Visual Cue: Green ENTRY label at optimal entry point Phase: Expiry / Cleanup Script Logic: Zone deleted after expiry Visual Cue: Labels fade but remain visible for reference All calculations reset after each completed/expired pattern ensuring fresh, uncluttered signals. 4. Visual Elements & Their Meaning SFP-SHORT (red) – Bar that swept a prior high and closed below it. Red Box / Line – Preferred sell zone between the swing high (upper bound) and dynamic lower bound (see sizing methods). Extends right until filled/expired. SFP-RETEST (orange) – Bar that first tags the zone after confirmation. ENTRY (green) – Appears when a high-probability entry signal occurs within the retest zone. EXPIRED (gray) – Appears when the retest zone expires without being hit. Visual Persistence – Labels fade but remain visible after expiry for reference and historical analysis. 5. Input Parameters Explained Pivot Detection Pivot left / right : Bars left/right of the pivot that must stay below/above it. Tip : Symmetrical values (3/3) work best for clean structure. Retest Management Retest expiry (bars) : Lifespan of a retest zone before it is considered stale. Default: 14 bars on Daily . Tip : Shorten for intraday, lengthen for swing trading. Retest Zone Sizing Sizing method : Select Static %, ATR-based or Hybrid logic for the lower boundary. Tip : Hybrid balances tight stops with realistic fills. Static % : Fixed fraction of sweep range when Static/Hybrid is selected. Tip : Higher % deepens zone & widens stop. ATR period : Look-back length for ATR when volatility sizing is used. Tip : Increase to smooth choppy markets. ATR multiplier : Multiplier applied to ATR in ATR-based/Hybrid mode. Tip : Higher value widens zone during volatility. Visual – Retest Zone Show retest zone box : Toggles drawing of the semi-transparent sell zone box. Tip : Disable for ultra-clean look. Retest box color : Fill colour of the box (alpha = transparency). Tip : Match your chart theme. Max retest boxes : How many historical boxes remain visible (0 = unlimited). Tip : Lower to boost performance. Only show active boxes : Automatically deletes a box once it's hit. Tip : Reduces clutter during back-testing. Visual – General Minimal mode : Hides most visuals apart from critical labels. Tip : Ideal for screenshots. Show retest zone line : Draws a vertical line linking upper/lower boundaries. Tip : Acts as a quick depth guide. Show ENTRY labels : Plots 'ENTRY' on optimal candles. Tip : Turn off for manual confirmation. Labels Label size : Overall size of all labels. Tip : tiny / small / normal. Use simple label style : Switches to pixel text style for labels. Tip : Faster rendering on low-spec machines. Advanced minPct / maxPct (hard-coded) : Internal floor/cap for Hybrid logic. Tip : Exposed in code for power-users only. Zone-Sizing Methods Static – Lower bound = sweepRange × staticPct. ATR-based – Lower bound = ATR × multiplier, normalised to the sweepRange. Hybrid – Uses the greater of Static and ATR-based (capped by an internal safety ceiling). 6. Step-by-Step Trading Playbook Identify Context – Prefer setups against extended moves into obvious highs (e.g., daily swing highs, prior week high, round numbers). Wait for SFP Confirmation – The indicator will label an SFP-SHORT only after the candle closes. Do not front-run. Structure-Break Close – A close below setupLow turns the zone live. This is your go signal – prepare sell orders. Place Orders in the Zone Entry : Limit order anywhere between retestLower and the swing high. Stop : 1-2 ticks/pips above the swing high. Risk Management Size position so risk per trade ≤ account risk % (common: 0.5-1%). If no retest before retestExpiry bars → cancel order . Targets Conservative: First liquidity pocket / FVG below. Aggressive: 2-3× risk or next HTF support. Trail or Partial – Consider trailing stop once 1R is achieved or partial profit at 1R. 7. Example Workflow (Daily BTC-USDT) BTC trades to a fresh one-month high at $31 050 sweeping prior highs. Candle closes at $30 420 – below the swept high – SFP-SHORT label appears. Two days later, candle closes below setupLow at $29 880 – confirmation & zone plotted (upper = $31 050, lower ≈ $30 550). Five days later price retests the zone hitting $30 750 – SFP-RETEST alert fires, trade filled. Stop placed @ $31 120 (70$ risk). 1R target = $29 680 reached four days later. 8. Alerts & Automation SFP Short confirmed Fires When: Structure-break close below setupLow. Suggested Action: Prepare/submit sell-limit order in the zone. SFP Short retest Fires When: Price enters the retest zone. Suggested Action: Monitor for entry signals or prepare for manual entry. SFP Short Entry Signal Fires When: Optimal entry conditions detected within retest zone. Suggested Action: Execute short trade with defined risk parameters. Use TradingView's Webhook URL to forward alerts to a trade-execution bot (e.g., PineConnector) for automated order placement. 9. Tips, Tricks & Best Practices Combine with HTF Bias – Only take bearish SFPs in bearish weekly trend. Watch Volume – High volume on the sweep bar adds conviction. Time Window – SFPs during NY session FX / US session crypto tend to be stronger. Cluster Zones – Multiple overlapping SFP zones increase probability; treat the cluster as one larger supply. Avoid News – Skip SFPs forming minutes before high-impact macro news. 10. FAQ Q: Can I use this on lower timeframes? A: Yes – reduce retestExpiry (e.g., 15 bars on 15-minute) and test ATR-based sizing. Q: Does it work for longs? A: This script focuses on bearish SFPs. Clone & invert conditions for longs. Q: Why did a zone disappear? A: Either it expired (retestExpiry) without a retest or the cleanup routine removed old visuals to stay within Pine limits (500 objects per type). Q: What's the difference between the "SFP-RETEST" and "ENTRY" signals? A: "SFP-RETEST" indicates price has entered the zone, while "ENTRY" signals an optimal entry opportunity based on price rejection within the zone. Q: How do I customize the label appearance? A: Use the "Label size" and "Use simple label style" settings to adjust all labels to your preferred visual style. Happy trading & trade safe! 11. Advanced Configuration & Asset-Class Playbook Why does the retest box feel "too high" and how do I actually get filled? Use the quick tweaks below or the power-user code snippet to shape the zone to your personality and instrument. 11.1 Why the default box is shallow The Static 25 % / ATR-Hybrid logic keeps stops small. Around 50 % of Daily BTC SFPs never look back – that's the cost of tight risk. If you need higher fill-rates, deepen the zone (11.2). 11.2 Three slider moves – no coding required Retest zone sizing method – switch Static → Hybrid or ATR-based Static % – raise from 0.25 → 0.45-0.60 ATR multiplier – raise from 1.0 → 1.5-2.0 Each turn pulls the lower edge of the box deeper while keeping the invalidation at the swing high. 11.3 One-liner for coders To allow >60 % of the sweep range edit the source: Old code: minPct = 0.05 maxPct = 0.60 New code: minPct = 0.05 maxPct = input.float(0.60, "Max retest % of sweep", step = 0.05, minval = 0.10, maxval = 0.95) Then dial the cap up to ~0.80-0.90 from the settings panel. 11.4 If price never comes back… No-retest partial – take 25-40 % size on the confirmation candle, stop above the high. Lower-TF confirmation – drop to 4 h / 1 h and hunt an internal SFP or bearish FVG inside the sweep. ATR trail – if price dumps immediately, trail the stop above each new lower-high. 11.5 Asset-Class Cheat-Sheet Crypto – Daily : Static %: 0.20-0.35, ATR mult: 1.0, Retest Expiry: 12-20 . Notes : High volatility; sweeps expand fast. FX Majors – 4 h/D : Static %: 0.25-0.40, ATR mult: 1.2, Retest Expiry: 15-25 . Notes : ATR handles session compression. Index Futures – 1 h : Static %: 0.30-0.50, ATR mult: 1.5, Retest Expiry: 10-20 . Notes : Hybrid recommended; gaps tighten sweeps. US Equities – 30 m : Static %: 0.35-0.55, ATR mult: 1.5-2.0, Retest Expiry: 10-14 . Notes : Consider no-retest entry on earnings spikes. Always forward-test on your own symbol & timeframe ✔️
Pine Script® indicator
by Ox278
SIGNALS FROM FUHere's the core logic of your customized indicator broken down into key components: ### 1. **Engulfing Pattern Detection** - **Bullish Engulfing** (Long Setup): - Current candle closes ABOVE previous high - Current low <= previous low - Previous candle was bearish (close < open) - **Bearish Engulfing** (Short Setup): - Current candle closes BELOW previous low - Current high >= previous high - Previous candle was bullish (close > open) ### 2. **Signal Storage System** - Stores price levels from valid engulfing patterns in arrays - Keeps track of: - Price level (wick low/high) - Bar index of occurrence - Cross status (activated or not) - Automatically removes oldest entries to limit memory usage (max 100 entries) ### 3. **Reverse Cross Trigger Logic** - **Long Signals** (Purple ▲): - Triggers when price makes HIGH >= stored bullish engulfing low - Requires cross BELOW signal level - Must wait minimum 90 bars after initial pattern - **Short Signals** (Purple ▼): - Triggers when price makes LOW <= stored bearish engulfing high - Requires cross ABOVE signal level - Same 90-bar minimum delay ### 4. **Trend Alignment Filter** - Uses 10-period double-smoothed EMA (smema) for trend direction: - **Up Trend**: smema > previous smema - **Down Trend**: smema < previous smema - Only shows: - Long signals in uptrends - Short signals in downtrends ### 5. **Price Action Confirmation** - Final filter requires: - For Longs: Bearish close (close < open) on trigger bar - For Shorts: Bullish close (close > open) on trigger bar ### 6. **Signal Display** - Clean visual output: - Purple triangles ONLY (no trend lines/bands by default) - ▲ Above bars for long entries - ▼ Below bars for short entries - No secondary indicators cluttering chart This creates a focused trading system that: 1. Identifies strong reversal patterns 2. Waits for confirmation of breakout failure 3. Aligns with underlying trend direction 4. Requires decisive price action at trigger point 5. Shows only essential signals on clean chart The combination of failed breakout + trend alignment + immediate price confirmation creates high-probability reversal signals while filtering out false positives.
Pine Script® indicator
by theacresofdiamonds
ORB - Opening Range Breakout + AlertsThe only ORB indicator you'll ever need. - Flexible Range: Tailor the opening range (e.g., 5m, 15m, 30m) to your trading style. - Key Levels: Auto-plots striking pink/purple support/resistance lines post-range for clear trade setups. - Breakout Alerts: Reliable LONG/SHORT signals on 5m chart for confirmed breakouts; enable/disable as needed. - Personalized Design: Customize line color and thickness for optimal visibility. A friendly reminder that no tool or indicator guarantees success. Integrate this into a robust trading plan.
Pine Script® indicator
by VeroTradeX
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