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Ratio-Adjusted McClellan Summation Index RASI NASIRatio-Adjusted McClellan Summation Index (RASI NASI) In Book "The Complete Guide to Market Breadth Indicators" Author Gregory L. Morris states "It is the author’s opinion that the McClellan indicators, and in particular, the McClellan Summation Index, is the single best breadth indicator available.  If you had to pick just one, this would be it." What It Does: The Ratio-Adjusted McClellan Summation Index (RASI) is a market breadth indicator that tracks the cumulative strength of advancing versus declining issues for a user-selected exchange (NASDAQ, NYSE, or AMEX). Derived from the McClellan Oscillator, it calculates ratio-adjusted net advances, applies 19-day and 39-day EMAs, and sums the oscillator values to produce the RASI. This indicator helps traders assess market health, identify bullish or bearish trends, and detect potential reversals through divergences. Key features: Exchange Selection : Choose NASDAQ (USI:ADVN.NQ, USI:DECL.NQ), NYSE (USI:ADVN.NY, USI:DECL.NY), or AMEX (USI:ADVN.AM, USI:DECL.AM) data. Trend-Based Coloring : RASI line displays user-defined colors (default: black for uptrend, red for downtrend) based on its direction. Customizable Moving Average: Add a moving average (SMA, EMA, WMA, VWMA, or RMA) with user-defined length and color (default: EMA, 21, green). Neutral Line at Zero: Marks the neutral level for trend interpretation. Alerts: Six custom alert conditions for trend changes, MA crosses, and zero-line crosses. How to Use Add to Chart: Apply the indicator to any TradingView chart. Ensure access to advancing and declining issues data for the selected exchange. Select Exchange: Choose NASDAQ, NYSE, or AMEX in the input settings. Customize Settings: Adjust EMA lengths, RASI colors, MA type, length, and color to match your trading style. Interpret the Indicator : RASI Line: Black (default) indicates an uptrend (RASI rising); red indicates a downtrend (RASI falling). Above Zero: Suggests bullish market breadth (more advancing issues). Below Zero : Indicates bearish breadth (more declining issues). MA Crosses: RASI crossing above its MA signals bullish momentum; crossing below signals bearish momentum. Divergences: Compare RASI with the market index (e.g., NASDAQ Composite) to identify potential reversals. Large Moves : A +3,600-point move from a low (e.g., -1,550 to +1,950) may signal a significant bull run. Set Alerts: Add the indicator to your chart, open the TradingView alert panel, and select from six conditions (see Alerts section). Configure notifications (e.g., email, webhook, or popup) for each condition. Settings Market Selection: Exchange: Select NASDAQ, NYSE, or AMEX for advancing/declining issues data. EMA Settings: 19-day EMA Length: Period for the shorter EMA (default: 19). 39-day EMA Length: Period for the longer EMA (default: 39). RASI Settings: RASI Uptrend Color: Color for rising RASI (default: black). RASI Downtrend Color: Color for falling RASI (default: red). RASI MA Settings: MA Type: Choose SMA, EMA, WMA, VWMA, or RMA (default: EMA). MA Length: Set the MA period (default: 21). MA Color: Color for the MA line (default: green). Alerts The indicator uses alertcondition() to create custom alerts. Available conditions: RASI Trend Up: RASI starts rising (based on RASI > previous RASI, shown as black line). RASI Trend Down: RASI starts falling (based on RASI ≤ previous RASI, shown as red line). RASI Above MA: RASI crosses above its moving average. RASI Below MA: RASI crosses below its moving average. RASI Bullish: RASI crosses above zero (bullish market breadth). RASI Bearish: RASI crosses below zero (bearish market breadth). To set alerts, add the indicator to your chart, open the TradingView alert panel, and select the desired condition. Notes Data Requirements: Requires access to advancing/declining issues data (e.g., USI:ADVN.NQ, USI:DECL.NQ for NASDAQ). Some symbols may require a TradingView premium subscription. Limitations: RASI is a medium- to long-term indicator and may lag in volatile or range-bound markets. Use alongside other technical tools for confirmation. Data Reliability : Verify the selected exchange’s data accuracy, as inconsistencies can affect results. Debugging: If no data appears, check symbol validity (e.g., try $ADVN/Q, $DECN/Q for NASDAQ) or contact TradingView support. Credits Based on the Ratio-Adjusted McClellan Summation Index methodology by McClellan Financial Publications. No external code was used; the implementation is original, inspired by standard market breadth concepts. Disclaimer This indicator is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Conduct your own research and combine with other tools for informed trading decisions.
Pine Script® indicator
by starshiptrade
TIME MACHINE PRO-01# TIME MACHINE PRO - Revolutionary Trading Indicator with Historical Analysis ## 🎯 Overview TIME MACHINE PRO is a sophisticated multi-timeframe trading indicator that combines 10 customizable technical indicators with a unique time-travel cursor feature. Analyze historical signals, learn from past market behavior, and make informed trading decisions with percentage-based confidence scores. ## ✨ Key Features ### 🕰️ Time Machine Cursor - **Analyze signals from any point in history** (up to 500 bars back) - **See exact indicator values** at historical moments - **Learn from past signal performance** to improve future trades - **Real-time historical analysis** with date/time display ### 🎰 10 Professional Indicator Slots **Core Oscillators:** - RSI, Stochastic, MACD, CCI, Williams %R - MFI, ROC, Bollinger Bands Width - Stochastic RSI, Awesome Oscillator - Parabolic SAR, Ichimoku Cloud **Customizable Parameters:** - Individual weights (0.1-3.0) for each indicator - Custom overbought/oversold levels - Adjustable periods and sensitivity - Enable/disable any combination ### 📊 Advanced Signal System - **3-2-1 Logic**: 3 Filters → 2 Signals → 1 Trigger - **Percentage-based signal strength** (0-100%) - **Color-coded confidence levels**: - 🟢 Green (80%+) - High confidence - 🟡 Yellow (65-79%) - Medium confidence - 🟠 Orange (50-64%) - Low confidence - **Adaptive algorithm** adjusts to market volatility ### 🎛️ 7 Professional Presets **1. Meme_Scalp_v4** - Quick scalping for meme coins - Optimized for 1m-5m timeframes - High sensitivity, more signals - Perfect for DOGE, SHIB, PEPE **2. Meme_Swing_v4** - Balanced swing trading ⭐ (Recommended for beginners) - Best for 15m-1h timeframes - Balanced accuracy and frequency - Universal crypto trading **3. Alt_Short_v4** - Altcoin shorting strategy - Focused on SHORT signals - Great for bear markets - Optimized for altcoin volatility **4. Pump_Hunter_v4** - Pump detection system - Ultra-fast reaction to price spikes - High-volatility market specialist - Advanced pump/dump detection **5. Conservative_v4** - Conservative long-term trading - High accuracy, fewer signals - Perfect for large portfolios - 4h-1D timeframes **6. Professional_v4** - All 10 slots active - Maximum analysis power - For experienced traders - Complete market overview **7. Custom** - Create your own strategy - Full control over all parameters - Save configurations via screenshots - Unlimited customization ### 📈 Comprehensive Analytics Table **Real-time display includes:** - **Adaptive Status**: Volatility multiplier, adaptive scores - **3-2-1 Analysis**: Filters, signals, triggers breakdown - **Slot Status**: All 10 indicators with current values and weights - **Enhanced Conditions**: Pump-dump detection, extreme overbought alerts - **Final Scores**: Long/Short percentages with final signal decision ### 🎨 Visual Elements **On-Chart Signals:** - Clear LONG/SHORT labels with confidence percentages - Risk level indicators (🟢🟡🟠) - Background highlighting during signal periods - EMA trend lines (Fast: Blue, Slow: Orange) - Time cursor line for historical analysis ## 📋 Perfect For ### 🚀 Cryptocurrency Trading - **Bitcoin & Ethereum** - Major pairs with high liquidity - **Altcoins** - SOL, AVAX, MATIC, ADA optimized settings - **Meme Coins** - Special algorithms for DOGE, SHIB, PEPE - **All timeframes** - From 1-minute scalping to daily swing trading ### 📊 Trading Styles - **Scalping** - Ultra-fast entries with Meme_Scalp_v4 - **Swing Trading** - Medium-term positions with balanced signals - **Short Selling** - Specialized bear market detection - **Conservative** - High-accuracy, low-frequency signals ### 👥 Trader Levels - **Beginners** - Ready-to-use presets with clear signals - **Intermediate** - Historical analysis for learning and improvement - **Advanced** - Full customization with 10-slot system - **Professional** - Complex multi-indicator strategies ## 🔧 Technical Specifications ### System Requirements - TradingView platform (Free or Pro) - Modern web browser - Stable internet connection - Recommended: 1920x1080+ resolution ### Compatibility - **✅ Fully Supported**: All crypto pairs, 1m-1D timeframes - **⚠️ Limited**: Forex pairs, stock markets - **❌ Not Recommended**: Exotic low-liquidity pairs ### Performance - **Pine Script v6** - Latest version with optimal performance - **Real-time calculations** - Instant updates with each candle - **Low resource usage** - Optimized code for smooth operation - **500 bars history** - Maximum lookback for cursor analysis ## 💡 How to Use ### Quick Start (Beginners) 1. Add indicator to chart 2. Select **"Meme_Swing_v4"** preset 3. Set timeframe to **15m or 1h** 4. Trade signals **70%+** only 5. Use **cursor** to learn from history ### Advanced Setup (Experienced) 1. Choose **"Custom"** mode 2. Configure individual slots 3. Adjust weights and parameters 4. Test with historical cursor 5. Save settings via screenshot ### Risk Management - **Never risk more than 2-5%** per trade - **Always use stop-losses** - **Consider overall market trend** - **Wait for cooldown periods** ## 🎯 What Makes It Unique ### Revolutionary Time Travel Feature - **First indicator with historical cursor** functionality - **Learn from past signals** without backtesting complexity - **See exactly what happened** after each historical signal - **Improve strategy** by understanding signal outcomes ### Adaptive Intelligence - **Auto-adjusts to market volatility** (Low/Normal/High modes) - **Dynamic cooldown periods** prevent signal spam - **Smart score adaptation** for different market conditions - **Volume-based confirmations** for signal validation ### Professional Grade Analytics - **Complete transparency** - see every component of each signal - **Detailed breakdown** of filters, signals, and triggers - **Real-time adaptation status** monitoring - **Professional-level information** usually found in premium tools ## 📞 Support & Community ### 🔄 Regular Updates - Algorithm improvements and optimizations - New presets based on market conditions - Bug fixes and performance enhancements - Community-requested features ### 📚 Learning Resources - Comprehensive user manual included - Step-by-step tutorials for all levels - Best practices and risk management guides - Community sharing of successful configurations ### 💬 Community Features - Share custom presets via screenshots - Discuss strategies with other users - Learn from experienced traders - Get support and tips ## ⚠️ Important Disclaimers - **Not financial advice** - Educational tool only - **No guarantee of profits** - Trading involves risk - **Past performance** doesn't predict future results - **Always use proper risk management** - **Test thoroughly** before live trading ## 🚀 Get Started Today Transform your trading with the power of time travel analysis. Whether you're a beginner looking for clear signals or a professional trader seeking advanced customization, TIME MACHINE PRO adapts to your needs. **Experience the future of technical analysis - where you can learn from the past to profit in the present!** --- **Categories**: Trend Analysis, Oscillators, Volatility **Best Timeframes**: 5m, 15m, 1h, 4h **Recommended Pairs**: BTC/USDT, ETH/USDT, SOL/USDT, DOGE/USDT **Skill Level**: All levels (Beginner to Professional) *Like this indicator? Please leave a comment and boost! Your feedback helps us improve and add new features.* ⭐
Pine Script® indicator
by Trade_Script_Hub
PSAR LRC [CRT Trader] SAR (Stop and Reverse) is a technical indicator used in financial markets to track trends and identify potential reversal points. The indicator plots SAR calculations at three different speeds as dot markers above or below the candlesticks. If all three dots are below, it is considered a bullish signal; if they are above, it is considered a bearish signal. In addition to the indicator, a Linear Regression Channel has been added. These lines can provide information such as trend direction, support, resistance, and potential breakouts.
Pine Script® indicator
by venusbtc
3
ATR Squeeze BackgroundThis simple but powerful indicator shades the background of your chart whenever volatility contracts, based on a custom comparison of fast and slow ATR (Average True Range) periods. By visualizing low-volatility zones, you can: * Identify moments of compression that may precede explosive price moves * Stay out of choppy, low-momentum periods * Adapt this as a component in a broader volatility or breakout strategy 🔧 How It Works * A Fast ATR (default: 7 periods) and a Slow ATR (default: 40 periods) are calculated * When the Fast ATR is lower than the Slow ATR, the background is shaded in blue * This shading signals a contraction in volatility — a condition often seen before breakouts or strong directional moves ⚡️ Why This Matters Many experienced traders pay close attention to volatility cycles. This background indicator helps visualize those cycles at a glance. It's minimal, non-intrusive, and easy to combine with your existing tools. 🙏 Credits This script borrows core logic from the excellent “Relative Volume at Time” script by TradingView. Credit is given with appreciation. ⚠️ Disclaimer This script is for educational purposes only.
It does not constitute financial advice, and past performance is not indicative of future results. Always do your own research and test strategies before making trading decisions.
Pine Script® indicator
by BreakoutBarbie
ICT Breaker BlocksICT Breaker Block Detector This indicator automatically identifies and displays high-probability ICT (Inner Circle Trader) Breaker Blocks on your chart. It is designed to help traders spot key shifts in market structure where price is likely to react. What It Does The indicator's primary function is to find and draw both Bullish and Bearish Breaker Blocks. These are specific price action patterns that signal a potential reversal after a liquidity sweep. Bullish Breaker Block (Green): Forms after a low is swept (creating a lower low) and the market structure shifts by breaking above the intermediate swing high. This broken swing high becomes the Bullish Breaker. Bearish Breaker Block (Red): Forms after a high is swept (creating a higher high) and the market structure shifts by breaking below the intermediate swing low. This broken swing low becomes the Bearish Breaker. Invalidation: The indicator also tracks these zones in real-time. If price trades completely through a breaker block, the zone is considered invalidated. It will stop extending, its color will change to gray, and an exclamation mark ! will be added to its label. How It Functions The script's logic is designed to precisely identify the ICT breaker pattern: Liquidity Sweep: It first identifies a sequence where a recent swing high is taken out by a higher high (for a bearish setup) or a swing low is taken out by a lower low (for a bullish setup). Market Structure Shift (MSS): After the sweep, it waits for a clear break in market structure. This occurs when price closes below the intermediate swing low (for a bearish breaker) or above the intermediate swing high (for a bullish breaker). Drawing the Zone: Once the MSS is confirmed, the indicator draws a box around the range of the swing point that was broken. This box is the Breaker Block, which is then extended into the future to serve as a potential area of interest. How to Use This Indicator Settings Pivot Lookback: This setting determines the sensitivity of the swing point detection. A higher number will identify larger, more significant market structure and result in fewer, but potentially stronger, breaker blocks. A lower number will identify smaller, more immediate patterns. Color & Display Options: You can customize the colors for the bullish, bearish, and invalidated zones, as well as toggle the visibility of each type of breaker. Trading Application Traders can use these automatically drawn zones as high-probability Points of Interest (POI). The common application is to wait for price to return to the breaker block after it has formed. This retest can offer a potential entry opportunity in the direction of the market structure shift. For a Bullish Breaker, a trader might look for a long entry when the price dips back into the green zone. For a Bearish Breaker, a trader might look for a short entry when the price rallies back up into the red zone. Disclaimer: This indicator is a tool to assist in technical analysis. It is not a standalone trading system and does not provide financial advice. Always use proper risk management and combine this tool with your own analysis and trading strategy.
Pine Script® indicator
by DropkingICT
2
Dynamic Pivot PointThis indicator calculates and displays dynamic pivot points (Pivot, Support, and Resistance levels) based on a selected timeframe. These levels help traders identify potential price reversal zones, support/resistance, and trend direction. it calculates: Support Levels (S1, S2, S3) Resistance Levels (R1, R2, R3) Dynamic Feature: a pivot defined period ( default = 5). you can change . You can choose a specific timeframe (pivotTimeFrame) for calculating pivot levels (e.g., Daily, Weekly, etc.). Visibility Toggle: You can turn the pivot levels on or off using the input toggle. Color Scheme: Pivot Line: White Support Levels: Green (S1, S2, S3) Resistance Levels: Red (R1, R2, R3) How to Trade With It: 1. Support and Resistance Reversals: Buy near support levels (S1, S2, S3) if price shows bullish reversal signals. Sell near resistance levels (R1, R2, R3) if price shows bearish reversal signals. 2. Breakout Trading: Break above R1/R2/R3 with strong volume may indicate a bullish breakout — consider long positions. Break below S1/S2/S3 may signal a bearish breakout — consider short positions. 3. Trend Confirmation: If price stays above Pivot and supports hold — trend is likely bullish. If price stays below Pivot and resistances hold — trend is likely bearish.
Pine Script® indicator
by yassernoah
GS_QuantEdgeGS_QuantEdge is a focused swing trading tool built for traders who seek tight entries and high risk-reward setups. What it includes: ATR-Based Trendlines: Automatically plots dynamic upper and lower levels using pivots and ATR-based slope logic. Helps define key price zones where reactions or breakouts are likely. Inside Bar Detection: Identifies inside bar candles with subtle blue arrows below the bar and colors the candle — ideal for spotting low-risk compression setups before potential expansion. ADR% Volatility Label: Displays the Average Daily Range as a percentage of the current price, helping you assess volatility and optimize position sizing. EMA Overlay (11, 21, 50): Plots essential EMAs directly on the chart to observe trend structure and alignment, aiding in identifying high-probability trade zones. High/Low Flags (hidden by default): Marks new 11-bar, 21-bar highs and 52-bar lows to signal momentum or exhaustion. Helpful for observing if price is making new highs/lows on different timeframe scales. How it helps: This indicator gives swing traders a clean, structured chart view — highlighting areas of compression, breakout zones, and volatility conditions. Whether you're entering early on tight setups or waiting for confirmation, GS_QuantEdge helps you stay focused on well-defined opportunities with optimal risk-to-reward potential.
Pine Script® indicator
by gaurav_3338
5
GOD Scalper TURBO Pattern Recognition & Price Action🚀 Introducing: 👑Scalper TURBO👑 – Your Ultimate TradingView Companion for High-Speed Scalping & Auto-Trading! Trade Smarter. Trade Faster. Trade Automated. The world's fastest scalper robot with the ability to analyze and trade in second-by-second time frames with an incredible 900% monthly profitability. 🔥 What is 👑Scalper TURBO👑? Scalper TURBO is a high-performance Pine Script 5 strategy designed for aggressive and intelligent scalping on TradingView. It combines breakout detection, multi-indicator confirmation, time-based filtering, and full PineConnector integration for automated live trading with MetaTrader 5 (MT5). Whether you want to backtest, trade manually, or connect with MT5 via PineConnector – this tool is your edge. ⚙️ Key Features ✅ Fast Execution Logic — Uses real-time tick data with calc_on_every_tick=true ✅ EMA, SMA, RSI & ATR Filters — Combines trend, momentum, and volatility in one strategy ✅ Breakout Strategy — Trades breakouts above resistance or below support ✅ Multi-Time Filter Zones — 4 customizable intraday trading windows to avoid choppy hours ✅ PineConnector-Ready — Seamless alerts for auto-trading with MT5, customizable lot sizes ✅ Dynamic Stop Loss / Take Profit — Based on ATR multipliers for adaptable risk ✅ Trail Stop Support — Optional trailing stop-loss system ✅ Built-in Risk Labels — Live performance and signal info right on the chart ✅ Minimal Resource Usage — Pre-computed constants and cached indicators for speed ✅ Recommended Use Cases: XAUUSD / Gold scalping (default) 1m to 5m charts (for high-frequency setups) Live auto-trading via PineConnector Backtesting and optimization with historical data 🧠 Pro Tips For best results, run it during high-volume market hours (enable time filters like London/NY session). Use trailing stop in volatile assets for maximizing gains. Integrate with PineConnector Pro for seamless MT5 execution. Combine with your own overlays or confirmation tools. 📣 Join the Movement 💬 Created by @DrFXAi – follow on TradingView for updates, improvements, and more elite scripts. 🚀 Ready to Automate Your Edge? 📌 Add 👑Scalper TURBO👑 to your chart today and take control of your scalping game with automation, speed, and intelligence! 💬 Need help with access, backtesting, or have any questions about our indicators? Our support team is available 24/7 on Telegram. Just reach out through the link below: 👉 t.me
Pine Script® strategy
by DrFXAi
5
MTF Vegas Tunnels & Pivot PointsThis indicator is a professional-grade multi-timeframe confluence tool combining two highly complementary trading frameworks: Vegas Tunnels (EMA-based trend zones) Pivot Points (market structure levels across multiple timeframes) Its purpose is to help traders: Read market direction with clarity Spot key reaction zones before they happen Combine dynamic trend with static structure All in one compact and fully customizable tool. 🔍 What This Indicator Shows 🌀 MTF Vegas Tunnels – Trend Momentum Zones Vegas Tunnels are dynamic trend zones built from a trio of long-term exponential moving averages: EMA 144, 169, and 233. These specific EMAs are widely used in trend-following strategies to filter noise and focus on the core direction of the market. They are used to identify: The dominant market trend Pullback or breakout zones within that trend Dynamic support/resistance areas where price may bounce, consolidate, or reverse This script allows you to activate up to 6 Vegas tunnels, each linked to a different timeframe: 5 min, 15 min, 1H, 4H, 1D, 3D (fully customizable) Each tunnel displays three curves : Low = potential dynamic support (EMA 233) Middle = trend core zone (EMA 169) High = potential dynamic resistance (EMA 144) By plotting these moving averages together, the indicator forms a tunnel that visually guides you through trending environments. Each timeframe is color-coded for clarity, helping you quickly assess the trend structure across multiple layers of the market. 🧱 Pivot Points – Market Structure Mapping Pivot Points are price levels used by institutional traders to track where price is likely to react. This tool includes pivot levels from four timeframes : Daily Weekly Monthly Yearly For each timeframe, you can select which levels to display : Pivot (P) Support 1 (S1) / Resistance 1 (R1) Up to S5/R5 if desired These levels are plotted as horizontal lines with labels, making it easy to : See confluence zones between different timeframes Anticipate reaction areas with higher accuracy Align trend with market structure ⚙️ Customization Features Enable/disable tunnels individually by timeframe Choose pivot timeframes and levels to show Adjust visual style: label names, line thickness, max levels per timeframe Customize colors for every curve and pivot group The indicator is designed to be clean, modular, and non-intrusive, adaptable to any trading style. 🎯 Why Use This Indicator ? This tool is ideal for traders who want to : Trade with the trend, not against it Identify high-probability zones for entry/exit See how multiple timeframes align in one chart Make better decisions by combining momentum and structure Whether you're a scalper using intraday pivots and 5min tunnels, or a swing trader watching weekly zones and 4H trends — this script gives you a full tactical view.
Pine Script® indicator
by Nico_Crypto_
Reversal Hunter X - Private v2//@version=5 indicator("Reversal Hunter X - Private v2", overlay=true) // === INPUTS === rsiSource = input.source(close, "RSI Source") rsiLen = input.int(14, "RSI Length") rsiOB = input.int(70, "Overbought Level") rsiOS = input.int(30, "Oversold Level") vwapLookback = input.int(50, "VWAP Lookback for Deviation") vwapDeviation = input.float(2.5, "VWAP Deviation Threshold (%)") bollLen = input.int(20, "Volatility Band Length") bollMult = input.float(2.5, "Volatility Band Multiplier") volAvgLen = input.int(20, "Volume Average Length") volSpikeRatio = input.float(1.3, "Volume Spike Threshold (1.3 = 30%+)") showSignals = input.bool(true, "Show Top/Bottom Signals") // === CALCULATIONS === // RSI and divergence rsi = ta.rsi(rsiSource, rsiLen) rsiHigh = ta.pivothigh(rsi, 3, 3) rsiLow = ta.pivotlow(rsi, 3, 3) priceHigh = ta.pivothigh(high, 3, 3) priceLow = ta.pivotlow(low, 3, 3) bearDiv = (not na(rsiHigh) and not na(priceHigh)) and rsiHigh < rsi and priceHigh > high bullDiv = (not na(rsiLow) and not na(priceLow)) and rsiLow > rsi and priceLow < low // VWAP Deviation vwap = ta.vwap vwapDev = ((close - vwap) / vwap) * 100 vwapOver = vwapDev > vwapDeviation vwapUnder = vwapDev < -vwapDeviation // Volatility Bands (like Bollinger Bands) basis = ta.sma(close, bollLen) dev = bollMult * ta.stdev(close, bollLen) upperBand = basis + dev lowerBand = basis - dev // SFP trap detection sfpTop = high > ta.highest(high, 20) and close < open and close < high sfpBottom = low < ta.lowest(low, 20) and close > open and close > low // === Trend Filter === ema200 = ta.ema(close, 200) bullTrend = close > ema200 bearTrend = close < ema200 // === Volume Filter === volAvg = ta.sma(volume, volAvgLen) volSpike = volume > (volAvg * volSpikeRatio) // === FINAL SIGNAL CONDITIONS === topSignal = bearDiv and vwapOver and close > upperBand and sfpTop and bearTrend and volSpike bottomSignal = bullDiv and vwapUnder and close < lowerBand and sfpBottom and bullTrend and volSpike // === PLOTS === plotshape(showSignals and topSignal, title="Top Signal", location=location.abovebar, color=color.red, style=shape.labeldown, text="TOP") plotshape(showSignals and bottomSignal, title="Bottom Signal", location=location.belowbar, color=color.green, style=shape.labelup, text="BOTTOM") plot(ema200, title="EMA 200", color=color.orange) // === ALERTS === alertcondition(topSignal, title="Top Signal Alert", message="Reversal Hunter X: TOP Signal") alertcondition(bottomSignal, title="Bottom Signal Alert", message="Reversal Hunter X: BOTTOM Signal")
Pine Script® indicator
by Savi_2037
False Breakout Detector (FBD)False Breakout Detector (FBD) Description: The False Breakout Detector (FBD) is designed to help traders spot failed breakouts and liquidity traps before they lead to losses. It uses a multi-step detection process to highlight potential reversal points where breakouts fail to continue. How It Works Conceptually: 1. Range Analysis: Calculates a recent high/low range using a user-defined lookback. 2. Breakout Detection: Triggers a breakout signal when price closes outside the range. 3. Multi-Bar Re-Entry Check: If price re-enters the range within a user-defined number of bars, it confirms a false breakout (trap). 4. Visual Signal: Highlights the candle and plots a marker to clearly show where the false breakout occurred. Trading Use Cases: • Identify bull and bear traps in real time. • Avoid false breakout entries in sideways or choppy markets. • Combine with trend and volume filters to increase trade confidence. Visual Signals: • 🔴 Red Highlight + X Above Candle → False bullish breakout → Potential short/sell zone • 🟢 Green Highlight + X Below Candle → False bearish breakout → Potential long/buy zone Why This Script is Useful & Original: • Goes beyond static breakout alerts by requiring multi-bar re-entry confirmation. • Visually highlights trap candles, making it easy to integrate with any trading strategy. • Designed for multi-market, multi-timeframe use: stocks, forex, crypto, and indices. Disclaimer: • This script is for educational and analytical purposes only. • No guaranteed profitability; always apply risk management. • Past performance does not guarantee future results.
Pine Script® indicator
by TradeTechanalysis
Auto-Pivot Levels with Alerts and 4 methods [ChartWhizzperer]🚀 Auto-Pivot Levels – Dynamic Edition Now with Live Mode, 4 Pivot Methods PineConnector-Ready Alerts! Free, Open Source, Pine Script v6-compliant. 🟢 NEW: Live Mode (Ultra-Dynamic, Repainting) – Switchable in UI! Instantly switch between Classic (session-based, repaint-free) and Live (rolling window, real-time, repainting) using the simple checkbox in the settings! Live Mode recalculates all pivots on every tick/bar, using the current high/low/close for the chosen session (daily, weekly, monthly). Perfect for: Scalping and high-frequency trading Real-time bot/automation setups (PineConnector-ready) Fast-moving or breakout markets Classic Mode: For traditional, stable levels based on confirmed session data – ideal for backtesting and trading history. 📊 Four Calculation Methods (Choose What Fits YOU): 1️⃣ Classic Standard pivot calculation. Based on previous session’s High, Low, Close. Simple, proven, and suitable for any asset. 2️⃣ Fibonacci Projects levels using Fibonacci ratios of the prior session’s range. Great for traders who want to align pivots with fib retracements and extensions. 3️⃣ Camarilla Uses unique multipliers for support/resistance, focusing on mean reversion and volatility. Popular among futures and forex day traders. 4️⃣ Woodie Puts extra weight on previous Close for more responsive pivots. Often used in trending or choppy conditions. Switch methods anytime in the UI – the script recalculates instantly and keeps your chart clean! 🔔 Level-Specific Alerts – PineConnector Ready! Dedicated alert for EVERY level and direction (Up/Down): Pivot (P), R1, R2, R3, S1, S2, S3 No configuration hassle: All alerts are pre-defined in the TradingView Alert Panel. Machine-readable message format: PIVOT=R1 DIR=UP SYMBOL={{ticker}} PRICE={{close}} Direct plug-and-play with PineConnector, webhooks, Discord, Telegram, bots, and other automation tools. Never miss a breakout, reversal, or key support/resistance touch. 🛠 Powerful Customization & Performance Session selection: Daily, Weekly, Monthly (choose what suits your trading style). Show/hide any level (Pivot, R1–R3, S1–S3) for minimal chart clutter. Color selection for each level to match your theme or highlight key pivots. Auto-cleanup: Old lines and labels are cleared on every recalculation or session change for maximum performance and visual clarity. Zero runtime errors: Strict Pine Script v6 practices for stability. 💡 How To Use – Quick Start Add the indicator to your TradingView chart. Pick your calculation method (Classic, Fibonacci, Camarilla, Woodie). Set session type (Daily, Weekly, Monthly). Switch between Classic and Live Mode with a single click in settings. Customize your levels (on/off, colors). Open the Alert Panel, select any pre-configured alert (e.g. "R2 Cross Down"), and go live! Connect with PineConnector or any webhook system instantly using the pre-formatted alert messages. 🤖 Who Is It For? Active scalpers & bot traders: Live Mode + PineConnector-ready alerts = instant, automated reactions. Swing and position traders: Use Classic Mode for stable, repaint-free levels. Strategy developers: Seamless integration into automated and manual trading workflows. 🏷 License & Community Open Source, Non-Commercial: Free for personal & educational use under CC BY-NC-SA 4.0. Feedback, bug reports & ideas: Drop a comment, or contact me for feature requests. Trade smart. Trade dynamic. Unlock the true power of pivots – with ChartWhizzperer !
Pine Script® indicator
by ChartWhizzperer
Smart Money Index Intraday (by CapitalCore)This indicator identifies imbalance zones (Fair Value Gaps) — key levels where price demonstrates significant gaps between supply and demand. It is designed for intraday trading and helps determine precise entry levels, as well as stop-loss and take-profit levels. Key Features: Automatic identification of bullish and bearish imbalances based on gap analysis in candle extremes Volume-based signal filtering for improved accuracy (with customizable on/off parameters) Display of specific entry levels (long entry / short entry) with price Calculation and visualization of stop-loss and take-profit levels with customizable stop size Integration with TradingView alert system for timely trading signal notifications Compact indicator display directly on the chart without overlapping candles — histogram below the chart Target Audience: The indicator is suitable for traders working on intraday timeframes (1m, 5m, 15m) who want to improve entry precision using Smart Money zones and volume filters.
Pine Script® indicator
by Lastochka2244