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The Black Sheep v1.0Black Sheep v1.0 is a comprehensive, multi-signal indicator designed to identify statistically significant market anomalies that often signal the activity of institutional traders or "smart money." The core principle is that institutional footprints are visible not in typical price action but in the unusual and statistically improbable events that deviate from the norm. This indicator does not provide simple buy or sell signals. Instead, it acts as a powerful scanner, alerting you to moments of potential market manipulation, absorption, exhaustion, or stealth accumulation. Each signal is grounded in a statistical comparison of the current bar's price range and volume against a recent baseline, making it adaptive to any market and timeframe. The name "Black Sheep" reflects the indicator's purpose: to find the bars that stand out from the flock—the anomalies that tell a deeper story about market dynamics. Features 8 Unique Signals: Identifies distinct market phenomena, from stop hunts to absorption events. Statistically Driven: Uses standard deviations for volume and range to define "unusual" activity, adapting automatically to changing market volatility. Fully Customizable: Every parameter for every signal can be tweaked, allowing you to fine-tune the indicator's sensitivity to your specific trading instrument and style. Clear Visual Alerts: Signals are plotted as clean, non-intrusive labels on the chart for immediate recognition. Comprehensive Tooltips: Every setting is explained directly in the indicator's menu, making configuration intuitive. The Signals Explained Each of the 8 signals is designed to detect a specific type of market behavior. 1. Ghost Spike (Stop Hunt) Concept: A sharp, sudden spike that breaks a recent high or low, only to reverse quickly. Crucially, this move happens on low volume, suggesting it lacks genuine market conviction. This is the classic signature of a stop hunt, designed to trigger stop-loss orders and trap retail traders. Logic: Identifies bars with a very large range, a tiny body (wick-dominated), and volume that is statistically lower than average. 2. Absorption Candle (Iceberg Order) Concept: Indicates a major battle between buyers and sellers at a key price level. This candle is characterized by massive volume but a very small body. It suggests a large passive order (an "iceberg order") is absorbing all the aggressive market orders, preventing price from moving. This is a sign of a strong support or resistance level being defended. Logic: Detects bars with statistically massive volume but a price range that is mostly wicks. 3. VWAP Slingshot Concept: The Volume-Weighted Average Price (VWAP) is a key benchmark for institutional traders. This signal identifies a sharp, high-volume rejection from the VWAP line. It signifies that price tested this important level and was forcefully "slingshotted" away, validating its importance as a dynamic support/resistance zone. Logic: Triggers on a bar that touches the VWAP, has a long rejection wick (measured in ATRs), and is accompanied by high volume. 4. Session Close Markup Concept: Highlights aggressive, high-volume buying or selling that occurs in the final minutes of a major trading session (e.g., the NYSE close). This can indicate institutions "marking up" or "marking down" the closing price for portfolio management or positioning themselves for the next session. Logic: Fires within a user-defined window before the session close on candles with a large, decisive body and high volume. 5. Dawn Raid (Pre-Market Spike) Concept: A "Dawn Raid" is a sudden burst of high-volume activity during the typically quiet and illiquid pre-market session. This is often the first sign of significant interest in an asset, usually triggered by news, an earnings release, or a large fund building a position before the market opens. Logic: Detects candles in the pre-market session with volume that is multiple standard deviations above the average pre-market volume. 6. Liquidity Vacuum Concept: Identifies periods of extremely low volume and price volatility. In these "vacuums," the market is thin, and even small orders can cause disproportionate price movement. These periods often precede explosive, high-volume breakouts, acting as the "calm before the storm." Logic: Flags candles where both volume and range are a small fraction of their recent averages (ATR and average volume). 7. Delta Divergence Concept: A classic pattern that signals weakening momentum. A bearish divergence occurs when price makes a higher high, but the candle's body ("delta") fails to confirm it, suggesting the upward thrust is losing power. A bullish divergence occurs when price makes a lower low, but the delta shows less downward conviction. Logic: Compares recent price pivot highs/lows with the corresponding pivots of the candle's delta (close - open). 8. Fake Breakout (High Volume) Concept: This signal captures a failed breakout attempt that occurs on high volume. Unlike the low-volume Ghost Spike, this pattern shows that there was a genuine attempt to break a level, but it was met with even stronger opposing force. This creates a powerful trap and often leads to a strong reversal. Logic: Identifies a large-range breakout candle with a small body and high volume. How to Use The Black Sheep indicator should be used as a confluence tool, not a standalone system. The signals it generates are points of interest that warrant further investigation. Use them to: Confirm or deny a trade thesis based on your existing strategy. Identify potential market tops and bottoms. Spot institutional trapping and positioning. Understand the context behind price movements. For best results, combine these signals with analysis of market structure, support/resistance levels, order flow, and other contextual clues. Adjust the input settings for each signal to match the volatility profile of the asset you are trading.
Pine Script® indicator
by David_Gazdag
Japan Yen Carry Trade to Risk Ratio Sharpe Ratio By UncleBFMStep-by-Step Calculation in the ScriptFetch Rates:Pulls rates dynamically using request.security() from user-specified symbols (e.g., TVC:JP10Y for yen, TVC:US10Y for target). If unavailable (NA), uses fallback inputs (e.g., 0.25% for yen, 4.50% for target). Converts rates to decimals: (target_rate - yen_rate) / 100. Calculate Carry:Carry = (Target Rate - Yen Rate) / 100 Example: If US 10Y yield is 4.50% and Japan 10Y is 0.25%, carry = (4.50 - 0.25) / 100 = 0.0425 (4.25% annual yield). Calculate Daily Log Returns:Log Returns = ln(Close / Close ), where Close is the current price of the pair (e.g., USDJPY) and Close is the previous day's price. This measures daily percentage changes in a way suitable for volatility calculations. Calculate Annualized Volatility:Volatility = Standard Deviation of Log Returns over a lookback period (default 63 days, ~3 months) × √252. Example: If the standard deviation of USDJPY log returns is 0.005 (0.5% daily), annualized volatility = 0.005 × √252 ≈ 0.0794 (7.94%). Compute the Ratio:Ratio = Carry / Volatility Example: Using above, 0.0425 / 0.0794 ≈ 0.535. If volatility is zero, the ratio is set to NA to avoid division errors. Plot:Plots the ratio as a line, with optional thresholds (e.g., 0.2 for "high attractiveness") to guide interpretation. NotesDynamic Rates: Using bond yields (e.g., TVC:JP10Y) or policy rates (e.g., ECONOMICS:JPINTR) makes the indicator responsive to historical and current rate changes, unlike static inputs. Context: BIS reports use similar ratios to assess carry trade viability. For USDJPY in 2025, with Fed rates around 4.5% and BoJ at 0.25–0.5%, the carry is positive but sensitive to volatility spikes (e.g., during 2024 unwind events). Usage: Apply to a yen pair chart (e.g., USDJPY, AUDJPY). Adjust symbols for the target currency (e.g., TVC:AU10Y for AUD). The ratio helps compare carry trade profitability across pairs or over time.
Pine Script® indicator
by bitcoinfundmgr
Customizable Fixed Range Support & ResistanceTraders often overlook the fixed range support and resistance, especially if they are round numbers. If you make some observations, you will see that buyers and sellers engage in numerous transactions at those levels. You can have a look at the screenshots presented here (find the red boxes!) or check it out for yourselves on the instrument's chart that you prefer. This indicator will be a big help for day traders and scalpers to set their entries, profit targets, and stop loss levels.
Pine Script® indicator
by TheDemonTrader
3
地狱5分钟One-Sentence Summary A 5-minute overlay indicator that fires confirmed buy / sell arrows when ( custom momentum-exhaustion counter OR adaptive cRSI extreme OR StochRSI extreme ) passes a user-defined sensitivity filter and a minimum-bar-distance gate, then auto-audits each signal in real time. The Three Engines (TD-Free Wording) A. Adaptive cRSI Dominant-cycle RSI with auto-generated dynamic upper/lower bands. Period, vibration and “levelling” are all adjustable. B. StochRSI Classic stochastic of RSI with independent length & smoothing controls. C. Momentum-Exhaustion Counter Counts consecutive bars where close is consistently higher (or lower) than the close 4 bars ago. When the count reaches a user-set threshold (default 9) an “exhaustion” flag is raised. Signal Workflow Each engine contributes 0 or 1 point to a bull or bear score. A raw signal candidate appears when total score ≥ 3 × sensitivity. After the bar closes and the minimum-signal-distance test is passed, the candidate becomes confirmed. Entry price, bar index, China-time timestamp, score and exhaustion status are logged. Real-Time Back-Test Every confirmed signal is stored in a SignalData array. After backtest_minutes (user-defined) the script checks if price has moved in the signal’s favour and marks the trade win/loss. Win-rate, streaks, exhaustion-edge and flat-money P&L (fixed bet & payout) are updated instantly. Results are aggregated by China calendar day (UTC+8) in a DailyStats array. Visual Output Shapes – Green ▲ = normal long Lime ▲ = exhaustion long – Red ▼ = normal short Orange ▼ = exhaustion short Price labels show exact entry. “B” / “S” characters mark exhaustion bars. Two live tables display overall stats, exhaustion edge, longest streaks, strategy profit and today’s China-time P&L. Alert Library (TD-Free) Alerts fire on: every confirmed signal (exhaustion vs normal) exhaustion win-rate ≥ 70 % overall win-rate ≥ 65 % win/loss streak milestones daily profit/loss thresholds Input Groups cRSI, StochRSI, exhaustion-counter parameters Signal sensitivity & minimum distance OB/OS thresholds for both RSIs Back-test duration, bet size, payout ratio Toggle for on-chart tables
Pine Script® indicator
by d74953
1
ARC Trade – Otomatik Destek Direnç [Ücretsiz] This indicator is designed to automatically detect support and resistance levels on the chart, helping traders in their decision-making process. Features: Automatic support/resistance calculation based on pivot points Line thickness increases with the number of touches ATR-based level merging for nearby zones Adjustable number of visible support and resistance levels Level labels displayed directly on the lines Simple, clear, and practical to use — suitable for both beginners and experienced traders. Note: This tool is not financial advice. It is shared solely for educational and personal use.
Pine Script® indicator
by arctraded
3
ML RSI - imaclone.xUltimate Multi-Resolution RSI Developed by imaclone.x. Last Updated: August 21st 2025 A single indicator that fuses my ML-RSI.ai pipeline with a classic multi-timeframe RSI. One script, dual-resolution oscillators if desired, plus a machine-learning similarity engine and modular signal-processing layers. What it does * Primary RSI augmented with KNN similarity engine (K, lookback, weighting). Feature embeddings include RSI magnitude, RSI momentum, volatility surface, regression slope, and price momentum vectors. * Adaptive smoothing stack: Kalman filter recursion, Double EMA cascades, or ALMA convolution. * Multi-resolution control for the primary oscillator timeframe. * Optional *second* RSI projected from any timeframe for hierarchical confluence. * Advanced visuals: upper/lower thresholds, midline, background regime highlighting, crossovers, and B/S event labels. * Color architectures: None, Trend-Following (50-line bifurcation), or Impulse (band-breach). Optional bar tinting for full-chart context. Inputs (groups) * Timeframe Settings: primary + secondary RSI TF/lengths. * Levels & Visuals: thresholds, highlights, cross events, B/S markers. * RSI Base: smoothing toggle, MA class, ALMA sigma. * KNN Machine Learning: enable, K neighbors, historical window, feature dimensionality, ML weighting. * Advanced Filtering: method + intensity. * Coloring: None, Trend-Following, Impulse. Signals * B flag when ML-RSI crosses upward through the lower threshold. * S flag when ML-RSI crosses downward through the upper threshold. * Secondary RSI = higher-timeframe confirmation, not standalone trigger. Usage notes * Raise ML weight + feature dimensionality for deeper similarity recognition; lower them for classic oscillator behavior. * Kalman recursion delivers adaptive, low-lag smoothing; Double EMA and ALMA yield stronger dampening. * Typical config: intraday primary RSI + higher-TF secondary RSI for regime anchoring. Changelog * v6 merge: Unified CM-style MTF RSI framework with my KNN-enhanced kernel and filter stack. One composite indicator replaces multiple scripts. Credits * MTF band logic inspired by earlier open-source frameworks. * ML kernel and implementation by imaclone.x. Disclaimer For research and algorithmic experimentation only. No signals guaranteed. And please kindly, for the love of God, DYOFR.
Pine Script® indicator
by imaclone
Composite PR Signal (Trend↔Revert + ADX gate)Core Components 1. Dynamic Inputs Max/PR windows (maxLen, prWin) – define historical lookbacks for oscillators and percentile ranks. Smoothing (smooth) – applies an EMA filter to stabilize composite scores. Threshold (th) – governs entry sensitivity. Holding period (hBars) – maximum bars allowed in a trade. Execution options – allow shorting, fast approximations for PR and CCI. 2. Custom Utility Functions The script implements optimized versions of common TA operations: Rolling sums, delays, and moving averages (EMA, RMA, SMA). Lazy rolling extrema (efficient highest/lowest lookups). Stateful arrays for tracking oscillator values across bars. Fast approximations for percentile ranks and indicators. 3. Indicators Used The system calculates a broad set of oscillators, including: Trend/Momentum: ROC, TRIX, TSI, MACD histogram, OBV ROC, AO, CMF, BOP, UO, ADX. Reversion/Oscillators: RSI, Stochastic K/D, MFI, Williams %R, CCI, CMO. Each is converted into a percentile rank (PR) to normalize values between 0–100. 4. Composite Scoring Two composite signals are built: Trend Score – averages normalized outputs of momentum indicators. Reversion Score – averages normalized outputs of oscillators prone to mean reversion. ADX Gate – when ADX PR is high, the strategy favors trend score; when low, it favors reversion score. Final score is smoothed and compared against entry thresholds. 5. Trade Logic Entry: Long: When composite score crosses above +th. Short: When composite score crosses below -th (if enabled). Exit: Opposite crossover signal. Or trade duration exceeds hBars. 6. Risk/Execution Parameters Initial capital: 100,000 Commission: 0.01% per trade Fixed order size: 100 units No pyramiding Intended Use This script is designed for: Swing trading across multiple assets (equities, forex, crypto). Adapting to market regimes — capturing breakouts during strong trends, but fading moves when markets are choppy.
Pine Script® strategy
by Cmo22
TradeMastersAlgoOur strategy is a long only algorithm that has produced repeatable positive results in both back testing and live testing. The code is our proprietary IP. Users may have a 30 free trial to experiment with our strategy. Results are not guaranteed. This strategy was created for automated day trading a fully funded margin account. Please exercise caution and discipline when using any strategy. We've had the most positive results with heavy diversification (40 tickers trading 5% equity each). Ticker selection, timeframe, and chart type ( we use standard candles ) are up to the user. We encourage you to keep your own method to your self to prevent the dilution of your strategy.
Pine Script® strategy
by noforgiveness13
TEMA Cross • US Scanner (+1/-1/0) — stable//@version=5 indicator("TEMA Cross • US Scanner (+1/-1/0) — stable", overlay=false) // إعدادات عامة len = input.int(20, "طول TEMA") tf = input.timeframe("", "الإطار الزمني (فارغ = نفس إطار الشارت)") confirmOnClose = input.bool(true, "تأكيد بعد إغلاق شمعة الإطار") // دالة TEMA tema(src, l)=> ema1 = ta.ema(src, l) ema2 = ta.ema(ema1, l) ema3 = ta.ema(ema2, l) 3 * (ema1 - ema2) + ema3 // أدخل الرموز هنا (بدون مصفوفات) sym1 = input.symbol("AAPL", "رمز 1") sym2 = input.symbol("MSFT", "رمز 2") sym3 = input.symbol("NVDA", "رمز 3") sym4 = input.symbol("TSLA", "رمز 4") sym5 = input.symbol("AMZN", "رمز 5") sym6 = input.symbol("GOOGL", "رمز 6") sym7 = input.symbol("META", "رمز 7") sym8 = input.symbol("AMD", "رمز 8") sym9 = input.symbol("NFLX", "رمز 9") sym10 = input.symbol("AVGO", "رمز 10") theTF = tf == "" ? timeframe.period : tf // --- الرمز 1 --- t1 = request.security(sym1, theTF, tema(close, len)) s1 = request.security(sym1, theTF, ta.sma(close, len)) b1 = ta.crossover(t1, s1) s1d = ta.crossunder(t1, s1) b1 := confirmOnClose ? b1 and barstate.isconfirmed : b1 s1d := confirmOnClose ? s1d and barstate.isconfirmed : s1d // --- الرمز 2 --- t2 = request.security(sym2, theTF, tema(close, len)) s2 = request.security(sym2, theTF, ta.sma(close, len)) b2 = ta.crossover(t2, s2) s2d = ta.crossunder(t2, s2) b2 := confirmOnClose ? b2 and barstate.isconfirmed : b2 s2d := confirmOnClose ? s2d and barstate.isconfirmed : s2d // --- الرمز 3 --- t3 = request.security(sym3, theTF, tema(close, len)) s3 = request.security(sym3, theTF, ta.sma(close, len)) b3 = ta.crossover(t3, s3) s3d = ta.crossunder(t3, s3) b3 := confirmOnClose ? b3 and barstate.isconfirmed : b3 s3d := confirmOnClose ? s3d and barstate.isconfirmed : s3d // --- الرمز 4 --- t4 = request.security(sym4, theTF, tema(close, len)) s4 = request.security(sym4, theTF, ta.sma(close, len)) b4 = ta.crossover(t4, s4) s4d = ta.crossunder(t4, s4) b4 := confirmOnClose ? b4 and barstate.isconfirmed : b4 s4d := confirmOnClose ? s4d and barstate.isconfirmed : s4d // --- الرمز 5 --- t5 = request.security(sym5, theTF, tema(close, len)) s5 = request.security(sym5, theTF, ta.sma(close, len)) b5 = ta.crossover(t5, s5) s5d = ta.crossunder(t5, s5) b5 := confirmOnClose ? b5 and barstate.isconfirmed : b5 s5d := confirmOnClose ? s5d and barstate.isconfirmed : s5d // --- الرمز 6 --- t6 = request.security(sym6, theTF, tema(close, len)) s6 = request.security(sym6, theTF, ta.sma(close, len)) b6 = ta.crossover(t6, s6) s6d = ta.crossunder(t6, s6) b6 := confirmOnClose ? b6 and barstate.isconfirmed : b6 s6d := confirmOnClose ? s6d and barstate.isconfirmed : s6d // --- الرمز 7 --- t7 = request.security(sym7, theTF, tema(close, len)) s7 = request.security(sym7, theTF, ta.sma(close, len)) b7 = ta.crossover(t7, s7) s7d = ta.crossunder(t7, s7) b7 := confirmOnClose ? b7 and barstate.isconfirmed : b7 s7d := confirmOnClose ? s7d and barstate.isconfirmed : s7d // --- الرمز 8 --- t8 = request.security(sym8, theTF, tema(close, len)) s8 = request.security(sym8, theTF, ta.sma(close, len)) b8 = ta.crossover(t8, s8) s8d = ta.crossunder(t8, s8) b8 := confirmOnClose ? b8 and barstate.isconfirmed : b8 s8d := confirmOnClose ? s8d and barstate.isconfirmed : s8d // --- الرمز 9 --- t9 = request.security(sym9, theTF, tema(close, len)) s9 = request.security(sym9, theTF, ta.sma(close, len)) b9 = ta.crossover(t9, s9) s9d = ta.crossunder(t9, s9) b9 := confirmOnClose ? b9 and barstate.isconfirmed : b9 s9d := confirmOnClose ? s9d and barstate.isconfirmed : s9d // --- الرمز 10 --- t10 = request.security(sym10, theTF, tema(close, len)) s10 = request.security(sym10, theTF, ta.sma(close, len)) b10 = ta.crossover(t10, s10) s10d = ta.crossunder(t10, s10) b10 := confirmOnClose ? b10 and barstate.isconfirmed : b10 s10d := confirmOnClose ? s10d and barstate.isconfirmed : s10d // إجمالي الإشارات عبر القائمة anyBull = b1 or b2 or b3 or b4 or b5 or b6 or b7 or b8 or b9 or b10 anyBear = s1d or s2d or s3d or s4d or s5d or s6d or s7d or s8d or s9d or s10d // الإشارة النهائية signal = anyBull ? 1 : anyBear ? -1 : 0 plot(signal, title="Signal (+1 bull / -1 bear / 0 none)", style=plot.style_stepline, linewidth=2) // تنبيهات alertcondition(anyBull, title="TEMA Bullish Cross (Any in list)", message="تقاطع TEMA إيجابي في واحد أو أكثر من الرموز.") alertcondition(anyBear, title="TEMA Bearish Cross (Any in list)", message="تقاطع TEMA سلبي في واحد أو أكثر من الرموز.")
Pine Script® indicator
by mazroni15327
1
AI Agent XAU Scalper V1AI Agent XAU Scalper V1 is a custom indicator designed to help traders read the XAU/USD (Gold) market direction more quickly and clearly, especially on lower timeframes (M1–M15). This indicator provides automatic BUY/SELL signals along with a dynamic trail line that can be used as a guide for moving support and resistance levels. With a clean and informative display, it is suitable for day traders who need fast decision-making in the highly volatile gold market. 🎯 Key Features Automatic BUY/SELL signals with clear and easy-to-read labels. Dynamic trail line as a guide for support and resistance. Optional Heikin Ashi mode for smoother trend visualization. Alert system → supports TradingView notifications so traders never miss an entry. Optimized for XAU/USD scalping → works best on M1, M5, and M15 timeframes. ⚡ How to Use Add the indicator to the XAU/USD chart. Adjust the parameters as needed: ATR Period (default 10) Sensitivity (default 1.0) Heikin Ashi mode: optional Follow the signals: Green label = BUY Red label = SELL Trail line = dynamic support/resistance guide 📌 Notes This indicator is not a guaranteed profit tool. Always apply proper risk management and trading discipline. Recommended for scalping on lower timeframes, but can also be tested on higher timeframes depending on the trader’s style.
Pine Script® indicator
by aiagentcommunity
1
Position Size CalculatorDESCRIPTION: This indicator is essentially a calculator that prompts the user to enter 3 variables upon activation: Entry Price, Stop Loss Price, and Risk Amount ($). From those variables, the calculator will then output what the ideal amount of shares that should be purchased to meet your risk amount limit. SAMPLE USE CASES: 1) Trading Futures: Upon calculating the amount of shares to purchase to enter a position, you can multiply that amount by the current share price, this will give you an idea on whether or not you require some leverage to get into your position. 2) Spot Trading / Simple Stock Trading: Upon entering the required information, you will know how many shares to purchase to meet your risk amount limit.
Pine Script® indicator
by thatmartinezguy
Katz Candle Momentum Reversal Indicator v4.1Katz Candle Momentum Reversal Indicator (CMRI) v4.1 Overview The Katz CMRI is a comprehensive trading indicator designed to identify trend direction, momentum shifts, and potential market reversals. It combines several different concepts into a single, cohesive visual tool. At its core, the indicator uses a custom Line Break chart calculation to filter out market noise and a Heikin-Ashi-style formula to smooth price action. This combination helps to more clearly define the underlying trend. The main output is a dynamic, multi-colored trend line accompanied by various signals that appear directly on your chart. It's designed to help traders stay with the trend while also spotting key moments of expansion, contraction, and potential reversal. How to Interpret the Indicator The indicator has several key visual components: Main Trend Line: This is the thick, central line that changes color. Green: Indicates a bullish (upward) trend. Red: Indicates a bearish (downward) trend. Faded/Light Colors: Suggest a potential loss of momentum or a pullback within the trend. White: Signals a significant break in the trend structure. Trend Cloud: The shaded area between the main trend line and the white midline (mid). A green cloud shows the trend is above the midpoint, while a red cloud shows it's below. Upper/Lower Bands: The aqua (Trend Up) and yellow (Trend Down) lines represent the recent highs and lows of the established trend. When price is pushing against these bands, it signals trend strength. Background Colors: Gray: A "Contraction Zone." This indicates that the trend is losing momentum and consolidating, warning of potential chop or a reversal. Blue: An "Expansion Event." This highlights a sudden increase in momentum in the direction of the trend. Signal Shapes: Diamonds: These are the primary entry signals. A green diamond below a candle signals a potential long entry, while a red diamond above a candle signals a potential short entry. ⬆️⬇️ Arrows: These are secondary momentum signals. They can be used as confirmation that the trend is continuing. Trading Strategy & Rules This strategy uses the primary diamond signals for entries and trend changes for exits. Long Trade (Buy) Rules Entry: Wait for a green diamond to appear below the price candles. For confirmation, the main trend line should turn solid green, and the price should ideally be above the white midline. Exit: Stop Loss: Place a stop loss below the recent swing low or below the candle where the green diamond appeared. Take Profit: Consider exiting the trade when a red diamond appears above the candles, signaling a potential trend reversal. Alternatively, a trader might exit if the background turns gray (Contraction Zone), indicating the bullish momentum has faded. Short Trade (Sell) Rules Entry: Wait for a red diamond to appear above the price candles. For confirmation, the main trend line should turn solid red, and the price should ideally be below the white midline. Exit: Stop Loss: Place a stop loss above the recent swing high or above the candle where the red diamond appeared. Take Profit: Consider exiting the trade when a green diamond appears below the candles. A gray "Contraction Zone" can also serve as an early warning to exit as bearish momentum wanes. Indicator Filters Explained The indicator includes a "Trend Filter Type" setting that allows you to adjust its sensitivity. This can help reduce false signals in choppy markets. Raw: This is the most sensitive setting. It will generate a trend change signal as soon as the basic conditions are met. Use this for scalping or in strongly trending markets, but be aware that it may produce more false signals. OutStep: This is the default, balanced setting. It adds an extra layer of confirmation by requiring the main trend line itself to be moving in the direction of the new trend. For example, a new green signal will only be confirmed if the trend line's value is higher than its previous value. This helps filter out weak signals. FullStep: This is the most conservative and filtered setting. It includes the "OutStep" logic and adds further conditions related to the upper and lower trend bands. This setting will produce the fewest signals, but they are generally the highest quality, making it suitable for swing trading or avoiding choppy market conditions. Disclaimer This indicator is a tool for technical analysis and should not be considered financial advice. All trading involves substantial risk, including the possible loss of principal. Past performance is not indicative of future results. The signals generated by this indicator are for educational and informational purposes only. You are solely responsible for any trading decisions you make. Use this indicator at your own risk.
Pine Script® indicator
by KATZcrypto
Sessions RangeThis script clearly displays the price ranges (High–Low) of the main sessions—Sydney, Tokyo, London, and New York—with boxes on the chart and marked levels. Level labels can display price and date (or day of the week) in the time zone of your choice (GMT). Main Features Boxes by session: Visually highlight the range for each session. High/Low levels: Lines at the session extremes, with configurable length. Smart labels: If you choose to show "on the right," only active (unmitigated) levels track the price; when mitigated, they return to their starting point, keeping the chart clean. Flexible date: Choose between day of the month (with time) or day of the week. Alerts (optional): Notification when a level is broken. Notes The time zone displayed on the labels follows the chosen GMT, regardless of the chart time zone. You can choose to extend levels until they are mitigated or beyond, depending on your reading.
Pine Script® indicator
by gabrielmps
Katz Calypso Indicator (Refactored)Overview The Katz Calypso Indicator is a comprehensive momentum oscillator designed to identify potential entry and exit points in the market. At its core, it uses the True Strength Index (TSI) to gauge the strength and direction of a trend. To enhance signal accuracy and reduce false positives, the indicator integrates several optional filters, including the Waddah Attar Explosion, an EMA filter, and an ATR filter. It also provides an optional RVGI-based exit signal system. This tool is designed to provide a clear, visual representation of market momentum, with customizable filters to adapt to various trading styles and market conditions. How to Use the Indicator The indicator is displayed in a separate pane below the main price chart. TSI Line (Blue): This is the main oscillator line. Its position relative to the zero line indicates the overall trend bias (above 0 is bullish, below is bearish). Signal Line (Red): A moving average of the TSI line. Crossovers between the TSI and Signal Line are the primary triggers for trade signals. Zero Line: The centerline of the oscillator. A cross of the Zero Line can indicate a significant shift in momentum. Overbought/Oversold Levels: These user-defined levels (defaulting to 65 and -65) help identify potential exhaustion points in a trend, which can be used for taking profits. On-Chart Signals: The indicator plots shapes directly on the chart to make signals easy to spot: Green Triangles (Up): Indicate long entry or continuation signals. Red Triangles (Down): Indicate short entry or continuation signals. Yellow Triangles: Suggest taking profits. Maroon/Lime Triangles: Indicate an exit based on a signal cross (like RVGI or the Zero Line). Trading Rules Long Trade Rules Entry: A long trade is signaled when ALL of the following conditions are met: The blue TSI Line crosses above the red Signal Line. The blue TSI Line is above the 0 Zero Line. All enabled filters (Waddah Attar, EMA, ATR) confirm bullish conditions. A green triangle labeled "Long" will appear below the price. Exit (Take Profit): A take-profit signal for a long trade is generated when either of these occurs: The TSI Line crosses below the Overbought level. The TSI Line crosses back below the Signal Line while still above zero. A yellow triangle labeled "TPL" (Take Profit Long) will appear above the price. Exit (Stop/Reverse): A signal to exit a long trade is generated when either of these occurs: The TSI Line crosses below the 0 Zero Line. The RVGI Exit filter is enabled and generates a bearish crossover signal. A maroon triangle labeled "Exit Long" will appear above the price. Short Trade Rules Entry: A short trade is signaled when ALL of the following conditions are met: The blue TSI Line crosses below the red Signal Line. The blue TSI Line is below the 0 Zero Line. All enabled filters (Waddah Attar, EMA, ATR) confirm bearish conditions. A red triangle labeled "Short" will appear above the price. Exit (Take Profit): A take-profit signal for a short trade is generated when either of these occurs: The TSI Line crosses above the Oversold level. The TSI Line crosses back above the Signal Line while still below zero. A yellow triangle labeled "TPS" (Take Profit Short) will appear below the price. Exit (Stop/Reverse): A signal to exit a short trade is generated when either of these occurs: The TSI Line crosses above the 0 Zero Line. The RVGI Exit filter is enabled and generates a bullish crossover signal. A lime green triangle labeled "Exit Short" will appear below the price. Optional Filters You can enable or disable these filters in the indicator's settings to fine-tune its sensitivity. Waddah Attar Explosion Filter: This filter measures trend strength and volatility. When enabled, it ensures that entries are only taken during periods of strong, confirmed momentum, helping to avoid sideways or choppy markets. EMA Price Filter: A classic trend filter. When enabled, it will only allow long entries if the price is above the specified Exponential Moving Average and short entries only if the price is below it. ATR Filter: This acts as a volatility-based filter to prevent chasing a move. It helps ensure that you are not entering a long trade when the price has already moved too far above its EMA, or vice-versa for a short trade. RVGI Exit Filter: The Relative Vigor Index (RVGI) is used here exclusively as an exit signal. When enabled, a crossover of the RVGI and its signal line can provide an earlier exit signal before the TSI crosses the zero line, potentially locking in profits sooner. Disclaimer: This indicator is provided for educational and informational purposes only. It is not financial advice. Trading carries a high level of risk, and you can lose more than your initial investment. You should use this indicator at your own risk and discretion. Always conduct your own research and consider your risk tolerance before making any trading decisions.
Pine Script® indicator
by KATZcrypto
12 Canal12-Session Channels — Boxes with Right Extensions & Midline This indicator plots up to 12 fully customizable intraday sessions. Each session is defined by three times (HHMM): Session Start, Session End, and Line End (how far the High/Low lines extend to the right). The session channel is drawn with two lines (high and low) plus a filled area between them; while the session is active, the channel adapts in real time to the running high/low. Once the session closes, the high/low lines are extended horizontally until the specified Line End time. An optional midline is included. Every session can use a distinct color for instant visual parsing. Usage & benefits Designed for intraday timeframes (< 1D). Handles sessions that cross midnight (e.g., 21:00 → 01:00) with no time drift. Option to use the chart’s symbol timezone (automatic DST) or a manual UTC± offset. Filled area uses linefill (not box objects) to avoid vertical misalignment. Historical display toggle to manage on-chart object count. When to use Partial opens, EU/US/Asia windows, news windows, lunch hours, pre-/post-market. To frame tradable windows and project key levels forward to a precise cut-off time. Tips For equities pre-/post-market, enable Extended Hours on your chart. Make sure your instrument actually prints bars during the configured window, otherwise no shapes will appear. Reduce clutter by disabling history or running fewer sessions simultaneously. Note The indicator does not repaint: once a session ends, levels are fixed and extensions stop exactly at Line End.
Pine Script® indicator
by traderglobaltop