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RSI_Heikinashi📜 Title: Heikin-Ashi RSI Candle Plot with Multi-Timeframe Analysis and EMA Overlay 📖 Full Description: This is an original custom indicator that transforms the traditional Relative Strength Index (RSI) into a Heikin-Ashi (HA) candle representation, allowing traders to visualize RSI trends with greater clarity, less noise, and multi-timeframe perspective. 🛠️ Core Concept and Original Method: Rather than plotting a single RSI line, this script recalculates RSI into a Heikin-Ashi candle format, using a double EMA smoothing method on the RSI data itself. Here's how the transformation works: RSI Calculation: RSI is computed traditionally using Wilder's Moving Average (RMA) for smoothing gains and losses. The RSI period and price source are fully customizable (default length = 28, source = close). Heikin-Ashi Style Smoothing (applied to RSI): The HA Close is calculated as the EMA of the average between the current RSI and previous HA Close. The HA Open is calculated as the EMA of the average between the previous HA Open and the current HA Close. The HA High and HA Low are dynamically calculated based on the maximum/minimum values of the current RSI, HA Open, and HA Close. Smoothing is done via 5-period EMA, which adds a unique layer of trend smoothing without traditional price-based HA calculation. Multi-Timeframe Comparison: In addition to plotting the chart timeframe HA RSI, the indicator retrieves the 1-hour timeframe HA RSI using request.security. This allows traders to align trades with higher timeframe RSI trends, a powerful technique for multi-timeframe confirmation. 50 EMA Overlay: A 50-period Exponential Moving Average (EMA) is plotted over both the chart timeframe HA RSI and the 1-hour HA RSI. EMA acts as a trend filter or dynamic support/resistance for RSI behavior. RSI Bands and Visual Aids: Standard RSI bands at 70 (Overbought), 50 (Midline), and 30 (Oversold) are plotted. A shaded background between the 30–70 levels helps highlight RSI range-bound movements versus breakout momentum. 🔥 Why this script is original and useful: Unique Application: This is not a simple RSI plot or standard Heikin-Ashi candle — it is a specialized smoothing method applied directly to RSI values for a clearer, noise-reduced momentum reading. Multi-Timeframe Advantage: Unlike typical RSI indicators, it includes a 1-hour timeframe comparison alongside the chart timeframe, improving decision-making across intraday and swing strategies. Advanced Smoothing Logic: Double EMA smoothing of RSI and HA-style recalculations offer a much smoother signal than traditional RSI or basic RSI/EMA crossovers. Visualized Trend Strength: Using colored candles instead of just a line enhances readability and gives an intuitive sense of momentum direction, strength, and possible reversals. Fully Customizable: Traders can adjust the RSI period and source depending on asset volatility or timeframe preferences. 📋 How to Use: Look for HA RSI candles color changes for early momentum shifts. Use the 50 EMA crossovers on HA RSI to confirm larger trend changes. Compare chart timeframe vs 1H timeframe HA RSI for stronger signal alignment. Watch for overbought/oversold breaks beyond the 70/30 bands for trade entries or exits. ⚙️ Inputs: RSI Length (Default: 28) RSI Source (Default: Close) 📢 Important Note: This script is originally conceptualized and custom-built. It is not a mashup of existing open-source indicators and introduces a new smoothing technique for RSI visualization. 🙏 Credits: Script developed by Sri_RSI.
Pine Script® indicator
by venkat_27
6
Bar Count for XAUThis TradingView indicator labels every other five-minute candle for XAU during the current Beijing session, which runs from 06:00 to 05:00 the next day. It shows the actual bar numbers—1, 3, 5, and so on—only for today’s session; yesterday’s labels are automatically cleared at the new open. The tags appear just below each qualifying candle with no background box, and you can adjust the font size in the settings. In short, it gives you a clean, real-time visual of intraday bar order without clutter
Pine Script® indicator
by ltt202326
Weekly Open Range [BigBeluga] A precision weekly range tracker that captures early market positioning from the first moments of the trading week. By dynamically measuring the highest and lowest points from the first three candles after the Sunday 21:00 UTC open, the indicator builds a reactive support and resistance framework for the week ahead. It also visualizes the active range with a dynamic box and provides live updates of the current price movement against the established range boundaries. 🔵 KEY FEATURES Automatically marks the weekly open range starting at Sunday 21:00 UTC . Identify maximum high and minimum low from the first 3 candles after the weekly open. if isWeeklyOpen or isWeeklyOpen or isWeeklyOpen or isWeeklyOpen h = math.max(high, range_box.get_top()) l = math.min(low, range_box.get_bottom()) Draws two horizontal lines from the range extremes, acting as dynamic support/resistance zones throughout the week. Visualizes the range with a semi-transparent box for clear zone identification. Includes a compact dashboard panel with: - Symbol and current price with bullish or bearish bar indication with ▲ / ▼ - Current weekly high/low range values 🔵 USAGE Treat the high and low of the range as support/resistance zones for the week. Combine with volume analysis or liquidity tools for entry confirmation . Refresh your key levels every week as the indicator resets each Sunday night . Works great alongside Smart Money Concepts (ICT) strategies and weekly planning. Weekly Open Range gives traders a reliable structure to anchor their week. With clear range mapping, breakout signals, and intuitive visuals, it becomes a valuable part of any strategic trading approach—especially when precision timing around liquidity zones is key.
Pine Script® indicator
by BigBeluga
5
M2 Global Liquidity Index [Custom Offsets]M2 Global Liquidity Index Plots the global M2 money supply alongside price, with two user-configurable forward shifts to help you anticipate macro-driven moves in BTC (or any asset). Key Features Current M2 Index (no offset) Offset A — shift M2 forward by N days (default 78) Offset B — shift M2 forward by M days (default 109) Extended Currencies toggle adds 9 additional central banks (CHF, CAD, INR, RUB, BRL, KRW, MXN, ZAR) All lines share the left-hand axis and scale to trillions Inputs Offset A (days): integer ≥ 0 (default 78) Offset B (days): integer ≥ 0 (default 109) Include extended currencies?: on/off How to Use Add the indicator to any chart (overlay mode). In Settings → Inputs, enter your desired lead times for Offset A and Offset B. Toggle extended currencies if you need a broader “global liquidity” view. Watch how price action (e.g. BTC) tracks the shifted M2 lines to spot potential turning points. Why It Matters Changes in money supply often lead risk assets by several weeks to months. This tool makes it easy to visualize and test those correlations directly on your favorite timeframe.
Pine Script® indicator
by CryptoHikerAZ
KeyLevelsPivotsIndicator Name: Key Levels with Pivots This indicator identifies key support and resistance levels using pivot high and pivot low values derived from TradingView’s built-in functions (ta.pivothigh and ta.pivotlow). When a new pivot is detected, the indicator checks if a similar level—within a specified percentage threshold (for example, ±1%) of the pivot value—already exists. If no such level is present, a horizontal line is drawn at that pivot level. The drawn level extends to the right, automatically updating until one of two conditions occurs: A breakout takes place—defined as the price moving beyond the level by the specified percentage—and then the level is fixed (truncated) at the bar where the breakout occurred. The level reaches a maximum age (expressed in bars, e.g., 750 bars for a daily timeframe which approximates 3 years). In this case, the level is fixed at that maximum age. Once fixed, the level no longer updates, allowing traders to view historically significant support and resistance levels from today's date up to approximately three years back. Additionally, the indicator prevents the re-plotting of a level if a similar level already exists within the defined percentage threshold, thereby avoiding duplicate reflections of the same level unless a breakout occurs.
Pine Script® indicator
by sherbakov888
Gold/Silver RatioOverview This indicator displays the Gold/Silver Ratio by dividing the price of gold (XAUUSD) by the price of silver (XAGUSD) on the same timeframe. It is a widely used tool in macroeconomic and precious metals analysis, helping traders and investors evaluate the relative value of gold compared to silver. 📈 What it does Plots the ratio between gold and silver prices as a line on the chart. Displays two key horizontal levels: Overbought level at 90 (dashed red line). Oversold level at 70 (dashed green line). Highlights the chart background to show extreme conditions: Red shading when the ratio exceeds 90 (gold is likely overvalued relative to silver). Green shading when the ratio drops below 70 (silver is likely overvalued relative to gold). 🧠 How to Use When the ratio exceeds 90, it suggests that gold may be overbought or silver may be undervalued. Historically, these have been good times to consider shifting exposure from gold to silver. When the ratio falls below 70, it may indicate silver is overbought or gold is undervalued. This tool is best used in conjunction with technical analysis, macroeconomic trends, or RSI/Bollinger Bands applied to the ratio. ⚙️ Inputs This version of the script uses OANDA's XAUUSD and XAGUSD pairs for spot gold and silver prices. You may edit the request.security() calls to change data sources (e.g., FXCM, FOREXCOM, or CFD tickers from your broker). ✅ Best For: Macro traders Commodity investors Ratio and spread traders Long-term portfolio reallocators
Pine Script® indicator
by Slavtrad
Volumen Mejorado con EficienciaThis indicator displays each candle's volume in an enhanced visual form, combining the amount of volume with the efficiency of the price movement. Each volume bar changes its color intensity based on: Higher efficiency (large price movement with low volume) → stronger color. Lower efficiency (high volume with little price movement) → weaker color. Additionally: Green: Bullish candles (close > open). Red: Bearish candles (close < open). The color reflects not only the volume but also how "easily" the price moved. The efficiency calculation is based on the actual body movement of the candle (abs(close - open)) divided by the total volume, dynamically adjusted to the maximum efficiency over the last N candles (configurable). Interpretation: Intensely green or red volume bars: clean and efficient movements (low resistance). Pale bars: market absorption or indecision (high volume but little price movement). Configurable parameter: Efficiency period: number of candles used to normalise the maximum efficiency.
Pine Script® indicator
by nclopezo
Danny_Stone SnR Enhanced [by Danny Shih]This technical indicator shows the accuracy of the support and pressure positions. The accuracy of the technical indicators will continue to be improved in the future. Please continue to pay attention to my updates. If you feel it is good to use or have any questions, you can ask me. Thank you! 這個技術指標是提供支撐與壓力位置的精確顯示，之後還會繼續完善技術指標的準確性，請繼續關注我的更新，若覺得不錯使用或有什麽問題都可以提出詢問，感謝！
Pine Script® indicator
by Stone0131
S.c.a.l.p.i.n.g Indicator [fikri production]"This indicator is designed to help traders identify short-term and long-term trends by using exponential moving averages (EMA). It works best on the 1-hour and 4-hour timeframes, providing clear confirmation of the market's direction. Users can customize the EMA periods to fit different trading strategies, whether for scalping, swing trading, or longer-term analysis. The indicator is ideal for those who prefer a clean and simple trend-following system without unnecessary noise. Recommended settings and usage tips are included to help you maximize the performance of this tool."
Pine Script® indicator
by fikritread
[blackcat] L3 Dynamic CrossOVERVIEW The L3 Dynamic Cross indicator is a powerful tool designed to assist traders in identifying potential buy and sell opportunities through the use of dynamic moving averages. This versatile script offers a wide range of customizable options, allowing users to tailor the moving averages to their specific needs and preferences. By providing clear visual cues and generating precise crossover signals, it helps traders make informed decisions about market trends and potential entry/exit points 📈💹. FEATURES Multiple Moving Average Types: Simple Moving Average (SMA): Provides a straightforward average of prices over a specified period. Exponential Moving Average (EMA): Gives more weight to recent prices, making it responsive to new information. Weighted Moving Average (WMA): Assigns weights to all prices within the look-back period, giving more importance to recent prices. Volume Weighted Moving Average (VWMA): Incorporates volume data to provide a more accurate representation of price movements. Smoothed Moving Average (SMMA): Averages out fluctuations to create a smoother trend line. Double Exponential Moving Average (DEMA): Reduces lag by applying two layers of exponential smoothing. Triple Exponential Moving Average (TEMA): Further reduces lag with three layers of exponential smoothing. Hull Moving Average (HullMA): Combines weighted moving averages to minimize lag and noise. Super Smoother Moving Average (SSMA): Uses a sophisticated algorithm to smooth out price data while preserving trend direction. Zero-Lag Exponential Moving Average (ZEMA): Eliminates lag entirely by adjusting the calculation method. Triangular Moving Average (TMA): Applies a double smoothing process to reduce volatility and enhance trend identification. Customizable Parameters: Length: Adjust the period for both fast and slow moving averages to match your trading style. Source: Select different price sources such as close, open, high, or low for more nuanced analysis. Visual Representation: Fast MA: Displayed as a green line representing shorter-term trends. Slow MA: Shown as a red line indicating longer-term trends. Crossover Signals: Generate buy ('BUY') and sell ('SELL') labels based on crossover events between the fast and slow moving averages 🏷️. Clear visual cues help traders quickly identify potential entry and exit points. Alert Functionality: Receive real-time notifications when crossover conditions are met, ensuring timely action 🔔. Customizable alert messages for personalized trading strategies. Advanced Trade Management: Support for pyramiding levels allows traders to manage multiple positions effectively. Fine-tune your risk management by setting the number of allowed trades per signal. HOW TO USE Adding the Indicator: Open your TradingView chart and go to the indicators list. Search for L3 Dynamic Cross and add it to your chart. Configuring Settings: Choose your desired Moving Average Type from the dropdown menu. Adjust the Fast MA Length and Slow MA Length according to your trading timeframe. Select appropriate Price Sources for both fast and slow moving averages. Monitoring Signals: Observe the plotted lines on the chart to track short-term and long-term trends. Look for buy and sell labels that indicate potential trade opportunities. Setting Up Alerts: Enable alerts based on crossover conditions to receive instant notifications. Customize alert messages to suit your trading plan. Managing Positions: Utilize the pyramiding feature to handle multiple entries and exits efficiently. Keep track of your position sizes relative to the defined pyramiding levels. Combining with Other Tools: Integrate this indicator with other technical analysis tools for confirmation. Use additional filters like volume, RSI, or MACD to enhance decision-making accuracy. LIMITATIONS Market Conditions: The effectiveness of the indicator may vary in highly volatile or sideways markets. Be cautious during periods of low liquidity or sudden price spikes 🌪️. Parameter Sensitivity: Different moving average types and lengths can produce varying results. Experiment with settings to find what works best for your asset class and timeframe. False Signals: Like any technical indicator, false signals can occur. Always confirm signals with other forms of analysis before executing trades. NOTES Historical Data: Ensure you have enough historical data loaded into your chart for accurate moving average calculations. Backtesting: Thoroughly backtest the indicator on various assets and timeframes using demo accounts before deploying it in live trading environments 🔍. Customization: Feel free to adjust colors, line widths, and label styles to better fit your chart aesthetics and personal preferences. EXAMPLE STRATEGIES Trend Following: Use the indicator to ride trends by entering positions when the fast MA crosses above/below the slow MA and exiting when the opposite occurs. Mean Reversion: Identify overbought/oversold conditions by combining the indicator with oscillators like RSI or Stochastic. Enter counter-trend positions when the moving averages diverge significantly from the mean. Scalping: Apply tight moving average settings to capture small, quick profits in intraday trading. Combine with volume indicators to filter out weak signals.
Pine Script® indicator
by blackcat1402
GTR369 Day Range DividerThe indicator divides the chart into Israeli trading days, starting at one o’clock after midnight and ending a minute before the next midnight, marking each day’s open with a thin vertical line whose color and width you can choose. A label with the day’s name (in Hebrew) can appear on the very first bar of the session, while another label is placed midway through the previous day, beneath the candles at a fixed distance from the bottom so it doesn’t obscure price. You can adjust the label’s color, size, and letter spacing, customize the line style, and decide whether to show the early-session label. The indicator ignores Saturday and Sunday, works on any intraday timeframe, never repaints after plotting, and lets you quickly spot daily sequences and time-of-day patterns for market analysis.
Pine Script® indicator
by GabrielTheRich
Buy Sell Indicator PROIt uses Average True Range (ATR) to dynamically calculate a trailing stop level that follows price action and adapts to market volatility. The indicator: Plots a dynamic trailing stop line on the chart. Colors the trailing stop line: Green when in an uptrend (long position), Red when in a downtrend (short position), Blue when neutral. Plots Buy/Sell labels based on when the price crosses above or below the trailing stop line. Colors candles green or red depending on whether the price is above or below the trailing stop. It gives alerts for potential Buy and Sell opportunities automatically. 🧠 How It Works (Logic) ATR Calculation: It calculates the ATR (Average True Range) over a chosen period (default: 10 bars). ATR measures market volatility — bigger ATR = bigger stop distance. Trailing Stop Calculation: When the price moves up, the trailing stop also moves up. When the price moves down, the trailing stop moves down. If price crosses the trailing stop, the trend is considered reversed. Buy/Sell Signals: Buy when the price crosses above the trailing stop line. Sell when the price crosses below the trailing stop line. EMA Crossover (Optional Flexibility): By default, the EMA is set to 1 (basically just the close price). But if you change the EMA period input, it can use a smoothed moving average to trigger Buy/Sell, making signals cleaner. 📈 How To Use It Add the Indicator to your chart (make sure it's updated to the v5 version I posted earlier). Adjust the Settings: Key Value (Sensitivity): A higher Key Value = wider trailing stop = fewer but more reliable signals. A lower Key Value = tighter trailing stop = more frequent signals but possibly more noise. ATR Period: Higher period = slower reactions (good for higher timeframes). Lower period = faster reactions (good for scalping or low timeframes). EMA Period: 1 by default. Increasing it will smooth the entry signals. Interpret the Chart: Trailing Stop Line: If price is above the line and the line is green → market is bullish. If price is below the line and the line is red → market is bearish. Buy/Sell Labels: Entry signals are plotted with clear Buy and Sell tags. Candle Colors: Candles turn green when price > trailing stop. Candles turn red when price < trailing stop. Set Alerts: Create a TradingView alert on the Buy and Sell conditions. You will get automatic alerts when a new signal is detected.
Pine Script® indicator
by mkukulski2277c
5
ETH Aggregated Spot Volume ProfileThis script creates a volume profile indicator using aggregated ETH spot volume across major crypto exchanges. It visualizes where trading activity is concentrated in a given price range, highlights the Point of Control (POC), and defines the Value Area, helping traders identify key support and resistance zones. 1. Exchange Aggregation: Pulls ETH spot volume from 9 major exchanges: Binance, Coinbase, Kraken, Bitfinex, Bitstamp, KuCoin, Gate.io, OKX, Huobi. 2. Customizable Inputs: Number of Bars: Historical bars to analyze (default: 150). Row Size: Number of price bins (volume profile rows). Value Area Volume %: Percentage of total volume to include in the Value Area (default: 70%). Styling options for volume bars and the POC line. Ideal for traders who want to: See where the most ETH spot trading volume occurred in a given range. Identify high-interest price zones. Use volume-at-price analysis for smarter entries/exits.
Pine Script® indicator
by StoicFlow
Williams R Zone Scalper v1.0[BullByte]Originality & Usefulness Unlike standard Williams R cross-over scripts, this strategy layers five dynamic filters—moving-average trend, Supertrend, Choppiness Index, Bollinger Band Width, and volume validation —and presents a real-time dashboard with equity, PnL, filter status, and key indicator values. No other public Pine script combines these elements with toggleable filters and a custom dashboard. In backtests (BTC/USD (Binance), 5 min, 24 Mar 2025 → 28 Apr 2025), adding these filters turned a –2.09 % standalone Williams R into a +5.05 % net winner while cutting maximum drawdown in half. --- What This Script Does - Monitors Williams R (length 14) for overbought/oversold reversals. - Applies up to five dynamic filters to confirm trend strength and volatility direction: - Moving average (SMA/EMA/WMA/HMA) - Supertrend line - Choppiness Index (CI) - Bollinger Band Width (BBW) - Volume vs. its 50-period MA - Plots blue arrows for Long entries (R crosses above –80 + all filters green) and red arrows for Short entries (R crosses below –20 + all filters green). - Optionally sets dynamic ATR-based stop-loss (1.5×ATR) and take-profit (2×ATR). - Shows a dashboard box with current position, equity, PnL, filter status, and real-time Williams R / MA/volume values. --- Backtest Summary (BTC/USD(Binance), 5 min, 24 Mar 2025 → 28 Apr 2025) • Total P&L : +50.70 USD (+5.05 %) • Max Drawdown : 31.93 USD (3.11 %) • Total Trades : 198 • Win Rate : 55.05 % (109/89) • Profit Factor : 1.288 • Commission : 0.01 % per trade • Slippage : 0 ticks Even in choppy March–April, this multi-filter approach nets +5 % with a robust risk profile, compared to –2.09 % and higher drawdown for Williams R alone. --- Williams R Alone vs. Multi-Filter Version • Total P&L : – Williams R alone → –20.83 USD (–2.09 %) – Multi-Filter → +50.70 USD (+5.05 %) • Max Drawdown : – Williams R alone → 62.13 USD (6.00 %) – Multi-Filter → 31.93 USD (3.11 %) • Total Trades : 543 vs. 198 • Win Rate : 60.22 % vs. 55.05 % • Profit Factor : 0.943 vs. 1.288 --- Inputs & What They Control - wrLen (14): Williams R look-back - maType (EMA): Trend filter type (SMA, EMA, WMA, HMA) - maLen (20): Moving-average period - useChop (true): Toggle Choppiness Index filter - ciLen (12): CI look-back length - chopThr (38.2): CI threshold (below = trending) - useVol (true): Toggle volume-above-average filter - volMaLen (50): Volume MA period - useBBW (false): Toggle Bollinger Band Width filter - bbwMaLen (50): BBW MA period - useST (false): Toggle Supertrend filter - stAtrLen (10): Supertrend ATR length - stFactor (3.0): Supertrend multiplier - useSL (false): Toggle ATR-based SL/TP - atrLen (14): ATR period for SL/TP - slMult (1.5): SL = slMult × ATR - tpMult (2.0): TP = tpMult × ATR --- How to Read the Chart - Blue arrow (Long): Williams R crosses above –80 + all enabled filters green - Red arrow (Short) : Williams R crosses below –20 + all filters green - Dashboard box: - Top : position and equity - Next : cumulative PnL in USD & % - Middle : green/white dots for each filter (green=passing, white=disabled) - Bottom : Williams R, MA, and volume current values --- Usage Tips - Add the script : Indicators → My Scripts → Williams R Zone Scalper v1.0 → Add to BTC/USD chart on 5 min. - Defaults : Optimized for BTC/USD. - Forex majors : Raise `chopThr` to ~42. - Stocks/high-beta : Enable `useBBW`. - Enable SL/TP : Toggle `useSL`; stop-loss = 1.5×ATR, take-profit = 2×ATR apply automatically. --- Common Questions - * Why not trade every Williams R reversal?* Raw Williams R whipsaws in sideways markets. Choppiness and volume filters reduce false entries. - *Can I use on 1 min or 15 min?* Yes—adjust ATR length or thresholds accordingly. Defaults target 5 min scalping. - *What if all filters are on?* Fewer arrows, higher-quality signals. Expect ~10 % boost in average win size. --- Disclaimer & License Trading carries risk of loss. Use this script “as is” under the Mozilla Public License 2.0 (mozilla.org). Always backtest, paper-trade, and adjust risk settings to your own profile. --- Credits & References - Pine Script v6, using TradingView’s built-in `ta.supertrend()`. - TradingView House Rules: www.tradingview.com Goodluck! BullByte
Pine Script® strategy
by BullByte
BTC/ETH/SOL Spot Aggregated Volume + EMAThe purpose of this indicator is to provide a more comprehensive view of BTC/ETH/SOL spot market activity by combining volume data from several sources. 1. Fetches and aggregates spot volume data for your chosen asset from the following exchanges: Binance, Coinbase, Kraken, Bitfinex, Bitstamp, KuCoin, Gate.io, OKX, Huobi 2. Calculates the EMA on the aggregated volume to smooth out the data and identify volume trends. SETTINGS You can choose in your settings which Asset's aggreagated volume you want to see (BTC/ETH/SOL) You can choose the period based on which the EMA is calculated. This indicator is particularly useful for traders who want a broader view of real BTC/ETH/SOL spot market activity, rather than relying on a single exchange's data, which might be misleading or incomplete. By averaging across major exchanges, the indicator helps reduce noise and gives a more accurate picture of volume trends.
Pine Script® indicator
by StoicFlow