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FIBO888 buy sell Fib (V4 -)Fibonacci Levels, Code Names, Usage Strategies, Colors 78.6% (fib_786_buy) 💰 Buy Trap (78.6%) A very important entry point (Buy Trap). Considered the deepest level of the consolidation before the uptrend continues. Blue 61.8% (fib_618_buy) 💰 Buy Trap (61.8%) The most common entry point (Buy Trap). When the price consolidates in an uptrend: Green 50.0% 50.00% Mid-trend consolidation level. Yellow 127.2% (fib_1272_sell) 🎯 127.2% target (sell trap) Profit target (Target/Sell Trap) for uptrend trading after the price breaks through the previous High. Orange 161.8% (fib_1618_sell) 🎯 161.8% target (sell trap) Profit target (Target/Sell Trap) The most important and popular for Fibonacci extensions. Red I created this indicator to help traders who know nothing about trading. It might be worthless if you don't use it. Only 200 baht for this amazing indicator.
Pine Script® indicator
by tomgoodcarkhonsan
BullSideBottomSignal(BSBS) - kylekkkkBSBS is a bottom-oriented downside-pressure indicator derived from the Ulcer Index, which measures downside volatility using drawdowns from recent price peaks. This script does not attempt to predict exact bottoms. Instead, it focuses on identifying elevated downside-pressure regimes and the transition back toward normalization. 🔧 Core logic The Ulcer Index (UI) is calculated over a rolling lookback window. A fixed threshold is applied to the UI value. When UI is below the threshold, the output remains 0 (quiet regime). When UI is above the threshold, the output becomes UI − threshold (pressure regime). The plotted line is clamped to a zero baseline: This design intentionally filters noise and keeps the chart clean: no signal = 0, signal appears only when downside pressure is elevated. 📈 How to interpret the signal (heuristics) When the line is greater than zero, the market is in an elevated downside-pressure regime. Within that regime: Early stabilization (light bull) The line forms a local low and starts to turn upward, indicating that downside pressure is no longer accelerating in the same way. Pressure easing (medium bull) The line starts decreasing, suggesting downside pressure is cooling. Normalization (strong bull) The line returns to 0, meaning Ulcer Index has fallen back below the threshold. These stages describe risk-pressure behavior, not guaranteed price outcomes. ⚠️ Notes & limitations In strong downtrends, downside-pressure regimes can persist and “bottom-like” structures may fail. This is an indicator, not a trading strategy, and not financial advice. Always combine with your own analysis, risk management, and multi-timeframe confirmation if desired.
Pine Script® indicator
by kylekkkk
MACD_NovaCapital 🚀 MACD_NovaCapital — Real Momentum + Trend Confirmation 🟣🟠 This indicator is built to spot meaningful momentum shifts, filter noise, and give you cleaner signals vs a classic MACD. Perfect for traders who want confirmation, not fake impulse entries. 📈🔥 🧭 What it’s for ✅ Confirm trend start / trend exhaustion ✅ Catch momentum shifts before the bigger move ✅ Reduce overtrading: fewer signals, better context ⏱️ Recommended timeframes 🔥 Scalping (fast): 3m – 5m (only if you’re disciplined & experienced) ✅ Intraday (best balance): 15m – 1H (my main recommendation) 🧊 Swing / longer holds: 4H – 1D (less signals, higher quality) 🎯 How to use it (simple & effective) 🟩 LONG when a signal appears and momentum starts turning bullish (best near support) 🟥 SHORT when a signal appears and momentum starts weakening (best near resistance) 📌 Nova Tip: the highest-quality trades happen when the signal aligns with structure (S/R, trend, breakouts, pullbacks). 🧠 Quick histogram reading 🌊 Aqua = strength increasing ⚪ Gray = still positive but losing strength 🔴 Red = bearish momentum expanding 🌸 Pink = still negative but recovering 🚨 Includes ready-to-use alerts + clear visual signals to trade with calm & precision. Nova Capital mindset: fewer signals, higher quality. 🧠⚡
Pine Script® indicator
by novacapitalvip
LQ plots w/15-min Session LQ SweepThis script is a liquidity mapping and session-aware targeting indicator designed for intraday trading. It identifies swing highs and swing lows using pivot logic, plots them as horizontal liquidity levels, and visually represents them with optional lines, zones (boxes), and pivot markers. Each level is extended forward in time until price returns and fills it, at which point the level is recolored and optionally marked as completed. Key behaviors: Liquidity levels Swing highs represent potential sell-side liquidity Swing lows represent potential buy-side liquidity Levels persist until price trades through them Fill detection A level is considered filled when a candle’s range crosses the level price Filled levels can be recolored, marked, hidden, or removed depending on settings Session logic Each trading day resets at 04:00 ET Liquidity targets are evaluated only within the current session Previous session targets are automatically cleared Liquidity target labeling (15-minute only) On the 15-minute timeframe only, the script can label unfilled liquidity levels as “liquidity target.” Targets appear only when a level was created within a configurable window after the session start. Targets disappear once filled, outside the window, or when the session resets. Time-based structure Optional faint vertical reference lines at 08:30 ET and 13:00 ET for intraday context. Overall, this indicator is meant to map where liquidity exists, track whether it has been taken, and highlight session-relevant, unfilled liquidity targets, without cluttering other timeframes or carrying signals across trading days.
Pine Script® indicator
by Warner_Bear
IWP Market structure analysis: BOS/CHoCH breakthrough: Displaying breakthrough and re-entry structures Order block: Identify institutional order area FVG Fair Value Gap: Indicating areas of supply-demand imbalance EQH/EQL (Equal High/Equal Low): Key Support/Resistance Levels Multiple time frames high and low points: Display key levels of daily, weekly, and monthly charts Premium/discount area: Display the area where prices are relative to their values Pattern recognition: Pattern detection: Simultaneously identifying bullish and bearish Wolfe waves Automatic plotting: Automatically plot 1-5 points and trend lines Breakout Alert: Breakout signal after wave completion Visualization label: Clear wave numbering and directional indication Multi-period moving average system: 7 configurable MA: complete coverage from short-term to long-term Multiple MA types: supports EMA, SMA, WMA, ALMA, etc Interval filling: Fill with colored background between MA Price tag: Real-time price tag for each MA Fully customizable: independent setting of parameters for each MA 市场结构分析： BOS/CHoCH突破：显示突破和回踩结构 订单块：识别机构订单区域 FVG公允价值缺口：显示供需失衡区域 EQH/EQL等高/等低点：关键支撑阻力位 多时间框架高低点：显示日线、周线、月线关键水平 溢价/折价区域：显示价格相对价值区域 模式识别： 模式检测：同时识别看涨和看跌沃尔夫波浪 自动绘图：自动绘制1-5点和趋势线 突破预警：波浪完成后的突破信号 可视化标签：清晰的波浪编号和方向指示 多周期均线系统： 7条可配置MA：从短期到长期完整覆盖 多种MA类型：支持EMA、SMA、WMA、ALMA等 区间填充：MA之间彩色背景填充 价格标签：每条MA的实时价格标签 完全自定义：每个MA的参数独立设置
Pine Script® indicator
by ckjb8125
Universal Entry Crypto Strategy Black Box Alert BotProprietary execution algorithm based on quantitative volatility logic. This script serves as the core signal generator for the Universal Entry automated infrastructure. It utilizes non-predictive, reactive models to capture market anomalies and institutional order flow. Key Features: Dynamic Volatility Normalization Multi-Timeframe Correlation Analysis Automated Risk Management Protocols Logic: Mean Reversion & Trend Following Hybrid Note: This algorithm is designed for internal portfolio management and automated execution documentation.
Pine Script® strategy
by UniversalEntry
Support & Resistance ATR ProjectionS/R ATR Projection Indicator This unique indicator automatically identifies the latest Support and Resistance levels using pivot points calculated exclusively on the 1-hour timeframe — no matter what timeframe you're viewing (M1, M15, M30, etc.). Key Features: • Detects the most recent Swing High (Resistance) and Swing Low (Support) on 1H charts • Calculates the projected timing of a potential breakout using the formula: |Resistance − Support| ÷ ATR(14) × C (where C is a customizable multiplier) • Projects a clear arrow on the chart showing the exact future bar (converted to your current timeframe) where the move is expected • Predicts direction based on 1H EMA 12/26 trend (bullish ↑ or bearish ↓) • Displays real-time info: 1H ATR, S/R distance (Delta), projected 1H candles, and trend direction • Triggers alerts whenever a new projection is generated Perfect for swing traders looking to anticipate breakout timing and direction from key S/R zones. Fully customizable pivot strength and multiplier (C). Works on any market and timeframe while staying true to 1-hour calculations.
Pine Script® indicator
by Ansm7
Trader Otto - FairPrice Arbitrage WDO/BRL [BlackBox]DESCRIPTION: 🚀 The Holy Grail of Institutional Arbitrage for Dollar Futures (WDO/BRL) This is not just another support and resistance indicator. The Otto FairPrice BlackBox is an advanced quantitative tool that calculates, in real-time, the Fair Value of the Dollar based on fundamental banking arbitrage premises: the Interest Rate Parity (DI Futures) and global currency strength (DXY). Forget subjective chart analysis. Trade based on the financial mathematics used by major Market Makers. 🔥 The "Core" Strategy (The Math): The algorithm continuously monitors the correlation between DI1F (Future Interest Rates) and DXY (Global Dollar Index) to project where the WDO price should be. When the market price deviates from this calculation, an arbitrage opportunity arises. 🛠️ Features & Technical Arsenal 1. 🎯 FairPrice Levels (Quantitative Value) Fair & True Fair (Justo/Justíssimo): Dashed lines showing the exact currency value corrected by Interest Rates and DXY. Volatility Bands (Max/Min): Calculated based on the VIX (Fear Index), indicating statistical extremes of price exhaustion. 2. 📊 VTC (Tourism Fair Value) + Bands A unique feature of this algorithm. It monitors the "Tourism Dollar" spread in real-time, highlighting defense zones where exchange houses and treasuries tend to protect positions. Includes Fluctuation Bands (25% and 50%) for precise entry refinement. 3. 🛡️ Decision Points Automatic plotting of crucial levels from the previous trading session, vital for Day Trading: Previous Settlement (Ajuste): The official B3 reference price. High & Low (D-1): Residual liquidity from the previous day. Opening (Water Line): The current day's zero mark. 4. 📈 Percentage Variation Projections No more calculators. The robot automatically projects percentage variation lines (0.5%, 1.0%, 1.5%... up to 3.0%) onto the chart based on the Official Settlement, allowing you to anticipate technical exhaustion levels. 5. 🕹️ "Command Center" Dashboard A side control panel monitoring Macro flow in real-time: Status: Indicates if the robot is capturing data or locked due to volatility. WDO vs FairPrice: Displays the Spread (gap) in points. Correlations: Monitors WIN (Index) and 6L (Real at CME/Chicago) trends for confirmation. ⚠️ How to Use (Suggested Setup) Confluence: Look for trades where the price touches a Quantitative Level (e.g., True Fair or 1% Variation) + Technical Signal (e.g., Dynamic Sup/Res). Spread: Watch the Dashboard. If the "Spread" is high (>20 pts), the market is distorted. The tendency is for the price to seek mean reversion (Fair Line). Defense: Use VTC lines and Percentage Variations as Take Profit targets or reversal points. 💎 Developed by Trader Otto Mastery in Quantitative Algorithms and Order Flow.
Pine Script® indicator
by OttoJunior
Institutional Intermarket Score PRO V3.3 (Presets)This indicator is built on an unusual, non-traditional intermarket concept and is designed to provide market context rather than trading signals. Institutional Intermarket Score – Indicator Description Overview The Institutional Intermarket Score is a contextual market indicator designed to provide a macro and intermarket perspective on the current market environment. It aggregates information from multiple user-selected correlated and inversely correlated assets to determine whether the broader market context favors risk-on, risk-off, or neutral conditions. This indicator is not a buy or sell signal. It does not attempt to predict short-term price movements, entries, or exits. Its sole purpose is to help the trader understand the broader market context before making any trading decisions. Core Concept Markets do not move in isolation. Institutional participants continuously monitor multiple related markets to assess risk, liquidity, and conviction before deploying capital. This indicator replicates that process by: Monitoring several correlated assets (assets that tend to move in the same direction) Monitoring several inversely correlated assets (assets that typically move in the opposite direction) Combining their behavior into a single, normalized intermarket score The result is a context filter, not a trading system. Asset Groups The indicator supports up to: 5 correlated assets 5 inversely correlated assets All assets are fully configurable by the user and can be enabled or disabled individually. Only active assets are included in all calculations. Market State Evaluation Each asset is evaluated using a Price vs VWAP relationship: Price above VWAP → bullish state Price below VWAP → bearish state This binary state is used consistently across all assets to maintain clarity and robustness. Intermarket Score ---------------------- The Intermarket Score represents the average directional alignment of all active assets and is normalized between -1 and +1. Positive values indicate a risk-on environment Negative values indicate a risk-off environment Values near zero indicate balance, rotation, or uncertainty The score is smoothed to reduce noise and highlight regime persistence rather than short-term fluctuations. Confirmation Metric (X / Y) ---------------------------------- In addition to the score, the indicator calculates a confirmation ratio: Y = total number of active assets X = number of assets aligned with the current regime Alignment is evaluated relative to the current regime: In bullish regimes, assets above VWAP confirm In bearish regimes, assets below VWAP confirm This metric reflects the quality and conviction of the intermarket consensus. High confirmation indicates broad agreement across markets. Low confirmation indicates divergence, uncertainty, or fragile conditions. Heatmap ----------- A compact heatmap visually displays the state of each individual asset: Green indicates alignment with the regime Red indicates opposition Neutral indicates inactive assets This allows immediate identification of: Which markets are confirming Which markets are diverging Whether consensus is broad or fragmented Intended Use ---------------- This indicator is designed to be used: Before evaluating trade setups As a filter, not a trigger In combination with price action, structure, and risk management Typical applications include: Avoiding trades against the broader market context Distinguishing strong trends from fragile moves Identifying periods of institutional alignment or hesitation What This Indicator Is Not It is not a buy or sell indicator It does not provide entry or exit signals It does not predict price direction on its own It does not guarantee profitable trades Any trading decisions remain entirely the responsibility of the user. Summary The Institutional Intermarket Score provides a high-level market image based on assets selected by the user. It reflects context, alignment, and conviction, not timing. Used correctly, it helps traders avoid low-quality trades, understand when markets are aligned or fragmented, and make decisions with greater awareness of the broader environment. It is a decision support tool, not a trading system. This indicator, is still evolving and its structure will continue to develop as new insights are tested...
Pine Script® indicator
by ueuito
NY Opening Range [LuckyAlgo] This custom ORM (Opening Range Move) indicator is designed as a tool for traders who focus not just on where a range is, but on the magnitude of the expansion following the initial morning volatility. Here is a summary of the indicator and how it differentiates itself from standard Opening Range Breakout (ORB) tools. Indicator Summary The script captures the high and low of the market during the first 30 minutes of the NY session (09:30–10:00 AM EST). Once this range is set, it tracks the "Expansion Move" - the point distance from the range's boundary to the current session's high or low. It visualizes this through color-coded zones, dynamic labels at the session extremes, and a statistical table that benchmarks today's volatility against the recent past. What specific questions does this indicator answer? While most indicators tell you "the range is broken," this indicator answers quantitative questions vital for trade management: 1. "How far has the market stretched relative to the breakout?" The indicator provides the exact point distance (+/-) from the range high/low. This helps you determine if the move is just beginning or if it has already extended significantly. 2. "Is the current move 'normal' or an outlier?" By using the Stats Table, you can see if the current 40-point move on NQ is typical or if the average move over the last 10 days is actually 80 points. This prevents you from "fading" a move that still has average room to grow, or taking a "pro-trend" trade when the market is already exhausted. 3. "Where is the session extreme located?" The inclusion of the dashed High of Day (HOD) and Low of Day (LOD) lines with attached labels tells you exactly where the "Move" calculation is peaking. If the HOD line hasn't moved for two hours, you know the bullish expansion has stalled. 4. "When is the data no longer relevant?" Because of the 17:00 EST reset logic, the indicator answers the "end of day" question for futures traders. It stops measuring at the settlement/close of the electronic session, ensuring your charts are clean for the overnight (Globex) session or ready for the next morning. Technical Advantage Most scripts use a single "point in time" to reset. This script uses a Trading Window logic, which is much more robust. If a bar is missing at exactly 17:00 due to low volume or a data glitch, the indicator won't "break" or keep drawing old lines - it understands the entire window of time it is allowed to exist in. Credit to @LuxAlgo for his initial Opening Range Breakout indicator used as a base to develop this version.
Pine Script® indicator
by LuckyAlgo
Cloudfare 2.0Cloudfare 2.0 - Advanced Multi-Timeframe Trend & Reversal Indicator WHAT MAKES THIS UNIQUE & ORIGINAL: 1. DYNAMIC BREATHING CLOUD SYSTEM Unlike static support/resistance clouds, Cloudfare 2.0 features a living cloud that adapts in real-time based on: - Volume expansion/contraction - Money Flow Index (MFI) strength - On-Balance Volume (OBV) order flow - Liquidity flush detection - Sine wave breathing effect for natural market rhythm 2. BRIGHTNESS-BASED SIGNAL STRENGTH (PROPRIETARY ALGORITHM) All reversal signals use a unique brightness system where: - Brighter diamonds = Stronger, more probable moves - Strength calculated from volume, RSI extremity, momentum, and pattern quality - Instant visual feedback for signal quality assessment 3. TINY SIGNAL MARKERS FOR CLEAN CHARTS All signals displayed as tiny diamonds/X markers (size.tiny) to minimize clutter while maintaining visibility. Design philosophy prioritizes price action over indicator noise. 4. MULTI-TIMEFRAME VWAP WITH CROSS-STYLE PLOTTING 8 different VWAP timeframes (1H, 2H, 6H, 4D, 9D, Weekly, Monthly, Yearly) displayed as thin cross markers for precise level identification without obscuring price action. 5. INTELLIGENT HIGH/LOW SWEEP DETECTION Advanced algorithm focusing on quality sweeps: - 35-bar lookback with volume confirmation (1.2x avg) - ATR-based move significance (1.0x ATR) - Major level break confirmation - Anti-spam filtering (20-bar spacing) 6. ORIGINAL REVERSAL SIGNAL LOGIC Proprietary reversal detection combining: - Candlestick pattern recognition - Volume surge confirmation (1.5x average) - RSI extremity zones (<40 bulls, >60 bears) - Momentum alignment 7. TREND SCORING SYSTEM (0-10 SCALE) Multi-factor classification evaluating price vs MAs, MA relationships, momentum, and patterns. Provides clear trend context for all signals. 8. SESSION-BASED ANALYSIS Optional Asian and New York session boxes tracking session high/low ranges with transparent visualization. KEY FEATURES: ✓ Brightness-based reversal signals (brighter = stronger) ✓ Divergence detection (always bright, high confidence) ✓ Confirmed trend signals ✓ High/Low liquidity sweeps (X markers) ✓ 8 VWAP timeframes with cross-style plotting ✓ Dynamic cloud with real-time adaptation ✓ Comprehensive alert system (all signals + VWAP breaks) ✓ Session tracking (Asian & NY) ✓ Fully customizable colors and settings DEFAULTS: - Reversal, Divergence, and Confirmed signals: ON - 4D and Weekly VWAPs: ON - All other features: Optional/toggleable - All signals: Tiny size for clean charts HOW IT DIFFERS: • No static levels - cloud adapts dynamically • Visual strength feedback via brightness system • Clean design prioritizing price action • Multi-factor analysis (volume + RSI + momentum + patterns) • Quality-focused with anti-spam filtering • 8 VWAP timeframes in one indicator • Session awareness for institutional flow TECHNICAL: - Pine Script v6 - Optimized for 64-plot limit - Efficient real-time calculations - Compatible with all timeframes UPDATES IN 2.0: - Complete signal system redesign with brightness algorithm - Optimized plot count - Enhanced sweep detection - Brighter cloud visualization - New York session tracking - Cross-style VWAP plotting - All signals tiny size This indicator represents original work combining multiple technical analysis concepts into a unified system. The brightness-based signal strength algorithm, dynamic cloud breathing system, and multi-factor reversal detection are proprietary implementations unique to Cloudfare 2.0. Use with proper risk management. Past performance doesn't guarantee future results.
Pine Script® indicator
by RickyTSpanish
Ichift Pro V4.0 - Full Alert📘 SETUP GUIDE & CHEAT SHEET - ICHIFT PRO V4.0 To maximize the effectiveness of the indicator, it is essential to understand these key "tuning knobs": 1. Core Ichimoku Parameters • Tenkan-sen (9) / Kijun-sen (26): The primary duo for Cross signals. The 9 and 26 settings are standard and optimized for most financial markets. • Senkou Span B (52) / Displacement (26): These determine the thickness and position of the Kumo Cloud—the ultimate "barrier" for long-term trend identification. 2. Filter & Order Management (Crucial) • Base Price Distance (priceDiff - 3.0): The unit used to calculate TP/SL. • Example: For Gold (XAUUSD), 3.0 equals 30 pips. Increase this value if you aim for longer-term targets. • TP Factor (1.0) & SL Factor (6.0): * Formula: Entry Price +/- (Base Distance x Factor). • With default settings (1.0 and 6.0), the strategy focuses on quick take-profits while using a wider stop-loss to avoid "Stop Hunts" (wick spikes). • Reset Timer (3h): If a trade hasn't hit TP or SL after 3 hours, the indicator resets to clear old signals. This is highly effective in avoiding capital tie-ups during flat (sideways) markets. 3. Higher Timeframe (HTF) Trend Filter • HTF Filter (e.g., 15m): * If trading on the 1m chart: Use a 5m or 15m filter. • If trading on the 5m chart: Use a 15m or 1h filter. • The Principle: Always align your trades with a larger timeframe to ensure you are "standing on the shoulders of giants." 💡 PRO TRADING TIPS: 1. Color Synergy: Only enter a trade when the signal label matches the color of the future Kumo Cloud (Green Cloud + BUY signal = High win probability). 2. Risk Management: Despite clear TP/SL levels, always adhere to the 1-2% risk-per-trade rule. 3. Customization: For low-volatility Forex pairs, you can reduce the priceDiff to 1.0 - 2.0 to generate tighter, more frequent labels.
Pine Script® indicator
by valaryottensa1417
All Days Range (Visible on Next Day)📊 WHAT IT DOES: This indicator automatically calculates and displays Daily Ranges (DR) and Initial Balance Ranges (IDR) for each trading day, showing them on the following day as reference levels. ✨ KEY FEATURES: Daily Range Calculation: Calculates DR (full day range) & IDR (first 30-min range) for Monday through Friday Smart Display Logic: Shows Monday's range on Tuesday, Tuesday's on Wednesday, etc. (historically accurate) NEW: Freeze Mode: Toggle to keep ranges visible forever after their display day NEW: 25%/75% Lines: Shows quarter levels of the DR range for better zone analysis Fully Customizable: Individual controls for each day - colors, line styles, boxes, labels Time-Accurate: Uses NY session times for precise daily calculations 🎨 INCLUDES PER DAY: DR High/Low lines (with middle line option) IDR High/Low lines (with middle line option) Opening price line Background boxes (DR or IDR) Price labels NEW: 25% & 75% quarter lines NEW: Freeze display toggle ⚙️ PERFECT FOR: Market profile traders Day traders using daily ranges Session traders (NY hours) Price action analysts Zone-based trading strategies 🔧 SETUP: Set chart timezone to "America/New_York" for accuracy Enable which days you want to see Customize colors and styles per day Toggle Freeze Mode ON to keep historical ranges visible Enable 25%/75% lines for better range analysis
Pine Script® indicator
by shariff09z
Stochastic Extreme Oscillator [MatrixQuantLabs]Stochastic Extreme Oscillator is an enhanced stochastic-based oscillator designed to highlight market extremes, momentum shifts, and potential reversal zones with improved visual clarity and signal filtering. This indicator builds upon the classic Stochastic Oscillator by focusing on extreme zone behavior, peak & trough signals, and optional divergence detection, making it suitable for both discretionary and systematic traders. Key Features Extreme Zone Visualization • Multi-level overbought (80–100) and oversold (0–20) zones with adaptive color intensity help assess the strength and risk level of market extremes at a glance. Momentum-Aware Coloring • The %D line dynamically changes color based on its position relative to the zero line, providing an intuitive view of bullish, neutral, and bearish momentum states. Peak & Trough Signals • Optional bullish and bearish signals are triggered only when %K / %D cross occurs inside extreme zones, helping filter out low-quality signals in mid-range conditions. Regular Divergence Detection • Built-in bullish and bearish divergence detection based on pivot structure, allowing early identification of potential trend reversals. Clean & Focused Design • The indicator emphasizes the %D line as the primary signal source, while %K is used internally for logic, keeping the chart uncluttered and easy to read. Customization • Adjustable %K / %D lengths and smoothing • Toggle peak & trough signals on/off • Optional divergence detection with configurable pivot sensitivity • Designed to work across different markets and timeframes Usage Notes • Best used as a momentum and extreme-condition oscillator, not as a standalone trading system • Signals are most effective when combined with trend context, price structure, or higher-timeframe analysis • Divergence signals may appear with delay due to pivot confirmation logic Disclaimer This indicator is intended for educational and analytical purposes only and does not constitute financial advice. Always apply proper risk management and confirm signals with additional analysis.
Pine Script® indicator
by MatrixQuantLabs
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