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All Candlestick Patterns [theEccentricTrader]█   OVERVIEW This indicator automatically draws and sends alerts for all of the candlestick patterns in my public library as they occur. Patterns included in this script are listed below, with their conventional classifications (in brackets) for reference only: Doji (Neutral) Bullish Marubozu (Bullish Continuation) Bearish Marubozu (Bearish Continuation) Spinning Top (Neutral) Bullish Belt-Hold Line (Bullish Reversal) Bearish Belt-Hold Line (Bearish Reversal) Bullish Breakaway (Bullish Reversal) Bearish Breakaway (Bearish Reversal) Concealing Baby Swallow (Bullish Reversal) Bullish Counterattack (Bullish Reversal) Bearish Counterattack (Bearish Reversal) Dark Cloud Cover (Bearish Reversal) Long-Legged Doji (Neutral) Southern Doji (Bullish Reversal) Northern Doji (Bearish Reversal) Dumpling Top (Bearish Reversal) Bullish Engulfing (Bullish Reversal) Bearish Engulfing (Bearish Reversal) Frypan Bottom (Bullish Reversal) Hammer (Bullish Reversal) Hanging Man (Bearish Reversal) Bullish Harami (Bullish Reversal) Bearish Harami (Bearish Reversal) Bullish Harami Cross (Bullish Reversal) Bearish Harami Cross (Bearish Reversal) High-Wave (Neutral) Bullish Hikkake (Bullish Reversal) Bearish Hikkake (Bearish Reversal) Homing Pigeon (Bullish Reversal) In-Neck (Bullish Reversal) Bullish Kicking (Bullish Reversal) Bearish Kicking (Bearish Reversal) Matching Low (Bullish Reversal) On-Neck (Bullish Reversal) Piercing (Bullish Reversal) Bullish Separating Lines (Bullish Continuation) Bearish Separating Lines (Bearish Continuation) Upgap Side-by-Side White Lines (Bullish Continuation) Downgap Side-by-Side White Lines (Bearish Continuation) Stalled Pattern (Neutral) Bullish Star (Bullish Reversal) Bearish Star (Bearish Reversal) Bullish Doji Star (Bullish Reversal) Bearish Doji Star (Bearish Reversal) Morning Star (Bullish Reversal) Evening Star (Bearish Reversal) Morning Doji Star (Bullish Reversal) Evening Doji Star (Bearish Reversal) Abandoned Baby Bottom (Bullish Reversal) Abandoned Baby Top (Bearish Reversal) Inverted Hammer (Bullish Reversal) Shooting Star (Bearish Reversal) Dragonfly Doji (Bullish Reversal) Gravestone Doji (Bearish Reversal) Stick Sandwich (Bullish Reversal) Upward Gapping Tasuki (Bullish Continuation) Downward Gapping Tasuki (Bearish Continuation) Three Black Crows (Bearish Reversal) Advance Block (Neutral) Three Advancing White Soldiers (Bullish Reversal) Bullish Three-Line Strike (Bullish Continuation) Bearish Three-Line Strike (Bearish Continuation) Rising Three Methods (Bullish Continuation) Falling Three Methods (Bearish Continuation) Three Stars in the South (Bullish Reversal) Thrusting (Bullish Reversal) Tower Bottom (Bullish Reversal) Tower Top (Bearish Reversal) Tri-Star Bottom (Bullish Reversal) Tri-Star Top (Bearish Reversal) Tweezer Bottom (Bullish Reversal) Tweezer Top (Bearish Reversal) Upside-Gap Two Crows (Bearish Reversal) █   CONCEPTS Candlestick Patterns Candlestick charts originated in Japan and were developed as a way of recording and interpreting price movement in actively traded markets. Rather than focusing only on where price closed, candlesticks preserve information about the range of trading during a given period, showing where prices opened, how far they moved, where they were rejected and where they ultimately settled. In this sense, each candlestick is a compact record of the interaction between buyers and sellers over time. At a basic level, markets move through a sequence of swing highs and swing lows as supply and demand fluctuates. Candlesticks are the smallest visible components of this process. The size of the candle body reflects the degree of control exercised by buyers or sellers, while the presence and length of wicks reflect rejection, hesitation or absorption of opposing orders. When similar behaviours repeat in similar locations, recognisable patterns emerge. Candlestick patterns therefore do not represent fixed signals, but recurring expressions of market psychology. They capture moments where initiative changes hands, where momentum pauses or where one side fails to follow through. A pattern that appears during a strong trend may simply reflect temporary consolidation, while the same pattern forming at an extreme or after prolonged movement may indicate exhaustion or transition. Context is always decisive. Over time, traders have assigned names and classifications to many of these recurring formations. However, these classifications are not universal or permanent. Patterns that were historically described as reversals are sometimes better understood as continuation structures and patterns labelled as bullish or bearish can have very different implications depending on market, timeframe, volatility and surrounding structure. As with all forms of price analysis, interpretation matters more than memorisation. Candlestick patterns should therefore be viewed as descriptive tools rather than predictive rules. They provide insight into how price reached its current state and how supply and demand interacted along the way. Their usefulness lies in how they are combined with broader market structure, risk management and independent testing, not in the assumption that any single pattern guarantees a particular outcome. █   INPUTS Change label colours and size. Set alerts for individual patterns. █   SOURCES Homma, M. (c. 1755) The Fountain of Gold: The Three Monkey Record of Money. Attributed Japanese trading manuscript. Modern English translation (Apple Books). Nison, S. (2001) Japanese Candlestick Charting Techniques (2nd edn). New York: New York Institute of Finance. Bulkowski, T. N. (2008) Encyclopedia of Candlestick Charts. Hoboken, New Jersey: John Wiley & Sons.
Pine Script® indicator
by theEccentricTrader
Volume Flow [KTY]【Volume Flow】📊 Splits candle volume into Buy and Sell to visualize buying/selling pressure. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📊 FEATURES - Buy/Sell Volume Split - Bottom indicator shows dominant vs weak volume - Green = buying pressure, Red = selling pressure - Volume Candles - Candle body colored by buy/sell ratio - Dark color = dominant side - Light color = weaker side - Trend Cloud - EMA-based trend direction visualization - Triangle signals on crossovers ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ✅ HOW TO USE - Large green volume = strong buying → bullish - Large red volume = strong selling → bearish - Bullish candle with high sell ratio → weakening uptrend - Bearish candle with high buy ratio → weakening downtrend - Higher reliability when volume + candle + cloud align ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚠️ DISCLAIMER This indicator is for educational purposes only. Not financial advice. Always do your own research.
Pine Script® indicator
by Kim-Thank_You
A+ ORB VWAP EMA Alerts//@version=5 indicator("A+ ORB VWAP EMA Alerts", overlay = true) // ORB levels (set these from LuxAlgo each morning) orbHigh = input.float(0.0, "ORB High", step = 0.1) orbLow = input.float(0.0, "ORB Low", step = 0.1) // EMAs and VWAP emaFast = ta.ema(close, 9) emaSlow = ta.ema(close, 21) vwapVal = ta.vwap(hlc3) // Conditions longCond = (close > orbHigh) and (close > vwapVal) and (emaFast > emaSlow) shortCond = (close < orbLow) and (close < vwapVal) and (emaFast < emaSlow) // Alerts (single-line, plain ASCII) alertcondition(longCond, "A+ LONG SETUP ORB VWAP EMA", "A+ LONG: ORB High accepted, above VWAP, EMA9 > EMA21 (5m close).") alertcondition(shortCond, "A+ SHORT SETUP ORB VWAP EMA", "A+ SHORT: ORB Low accepted, below VWAP, EMA9 < EMA21 (5m close).")
Pine Script® indicator
by hamdialghazali33
ATR-Based Z-Score (with Signal Line)The ATR-Based Z-Score is an advanced, volatility-normalized oscillator designed to identify extreme price deviations more reliably than the standard Z-Score. By replacing the traditional Standard Deviation with the Average True Range (ATR) in the denominator, this indicator eliminates the "volatility paradox" where rapid price spikes cause standard oscillators to prematurely return to zero, even as the price continues to crash. Why this version is superior In a classic Z-Score calculation: Z = (Price - SMA) / (Standard Deviation) A sudden impulsive price drop causes the Standard Deviation to explode. Because you are dividing by a rapidly increasing number, the Z-Score often "rises" while the price is still falling. The ATR-Based Solution: Z = (Price - SMA) / ATR By using a long-period ATR as the denominator, the volatility measure remains stable and "clean." This ensures that the indicator’s troughs align much more accurately with actual price bottoms, staying in the oversold territory until the momentum truly shifts. Key Features Volatility Cleaning: The ATR-normalization prevents the indicator from "flattening out" during impulsive price movements. Integrated Signal Line: A customizable Moving Average of the Z-Score values helps filter noise and confirms entry/exit points. Independent Periods: You can set the Price MA (responsiveness) and the ATR (volatility baseline) separately to fine-tune the indicator to different timeframes. How to Trade with it 1. Mean Reversion (Buy the Dip / Sell the Rip) Long: Wait for the Z-Score to drop below a significant level (e.g., -10.0). Enter when the Z-Score crosses back above its Signal Line. Short: Wait for the Z-Score to rise above +10.0 and enter when it crosses below the Signal Line. 2. Breakout Trading A strong push of the Z-Score beyond the +/- 7.0 levels can indicate a powerful trend breakout. In this case, the Signal Line crossover serves as an effective Exit Signal, telling you that the initial momentum of the breakout is fading. Summary ✅ This indicator is designed for traders who find standard oscillators too "nervous" during volatile periods. By decoupling price deviation from immediate variance spikes, the ATR-Based Z-Score provides a rock-solid foundation for identifying true market extremes and high-probability reversal points.
Pine Script® indicator
by muth96
M5_Bull/Bear BBOM5_ Bull/Bear BBO is a derivative oscillator built from LuxAlgo’s original Bollinger Bands Breakout Oscillator (BBO). This version restructures the original breakout logic into a bull / bear adaptive oscillator, introduces inverted symmetry, and expands the visual system with dynamic level states and conditional color logic. The goal is to provide contextual momentum awareness rather than discrete trade signals. A key design focus is the interaction between dominant pressure and the absence of opposing pressure. Buying and selling pressure may coexist, but moments where opposing pressure fully dissipates are treated as structurally significant — a “door opening” condition where price is no longer constrained by counter-pressure and is free to expand. Pressure is explicitly mirrored from the opposite side, creating a symmetrical framework where each side’s expansion is reflected against the other. These mirrored structures are allowed to cross, not as directional signals, but as markers of peak intensity or exhaustion within an expanding pressure phase. Transitional regimes — where one pressure fades before the other fully emerges — are intentionally left visible rather than smoothed away. These areas often produce late confirmation or no follow-through at all, and are presented as a challenging but informative market state rather than a condition to be optimized away. The script is intended for visual analysis and context alignment, not as a standalone entry/exit system. Credits & Licensing Original concept and base implementation: LuxAlgo Modifications, restructuring, and visual system: Metaltek5 License: Creative Commons Attribution–NonCommercial–ShareAlike 4.0 (CC BY-NC-SA 4.0) This script is published as open source under the same license as the original work. Non-commercial use only. Attribution and share-alike required. Annotated example illustrating dominant pressure, mirrored behavior, and door opening conditions
Pine Script® indicator
by Metaltek5
BTC - NMI: Network Metabolism IndexBTC - Network Metabolism Index (NMI) | RM Concept & Background The Network Metabolism Index (NMI) is a fundamental valuation model that treats Bitcoin as a biological organism. While price is the "face" of the asset, the NMI measures its "internal organs"—specifically its physical security and its social circulation. Computational Logic: The Assembly Line To arrive at the final NMI score, the indicator follows a rigorous four-step deterministic process: • Step 1: Metric Selection: We ingest three high-fidelity data streams from Glassnode. Difficulty (Security), Active Addresses (Utility), and Market Cap (Price). • Step 2: Fair Value Proxy (FVP) Computation: We calculate the network's intrinsic strength using a modified Metcalfe Law. We square the Active Addresses to account for network effect growth and multiply it by the Square Root of Difficulty to weight the value by physical security. • Step 3: Log-Ratio Normalization: Because the FVP represents astronomical values of physical and social work, we calculate the Natural Logarithm of the Market Cap divided by the FVP . This places the data into a usable, though deep-negative, "dimensionless" territory. • Step 4: Denoising & Banding: We apply a 14-day Least Squares Moving Average (LSMA) to the result to strip away daily volatility. Finally, we wrap the curve in 1.5 Standard Deviation bands to identify statistical "Fever" (Overvalued) and "Starvation" (Undervalued) zones. The Y-Axis is measured in Nats (Natural Logarithmic Units). Important: Users should treat these units as dimensionless . Because the fundamental proxies for security and utility are so mathematically dominant, the resulting values reside in a negative logarithmic territory . The absolute numerical value is secondary to the morphology of the curve and its position relative to the dynamic Sigma bands. Core Features / User Inputs • LSMA Denoising: A linear regression filter to reveal structural trends. • Dynamic Sigma Bands: 365-day rolling bands that adapt to Bitcoin's maturing market cycle. • Regime Audit Dashboard: Real-time classification of the network state. How to Read The Chart • Metabolic Starvation (Blue Zone): Security and utility are significantly higher than price reflects. A generational value opportunity. • Metabolic Fever (Red Zone): Price is over-extended relative to the network's biological reality. • Neutral (Grey): Price and health are in a sustainable balance. Data Feed Disclaimer This indicator requires access to the Glassnode professional data feeds (Difficulty, Active Addresses, and Market Cap). Users without a valid subscription to these alternative data sets will not see the oscillator render. This script is intended for macro analysis; it is not financial advice. General Disclaimer This indicator is a mathematical model based on historical on-chain data. It is intended for educational purposes and macro analysis. On-chain metrics are lagging by nature and should be used in conjunction with a robust risk management strategy. This is not financial advice. Tags Rob Maths, Rob_Maths, robmaths, Bitcoin, OnChain, Glassnode, FundamentalAnalysis, MetcalfeLaw, Quant, Macro, Difficulty, ActiveAddresses, ValuationModel, NetworkMetabolism
Pine Script® indicator
by Rob_Maths
Custom Extreme Support & Resistance (ORB Framework)//@version=5 indicator("A+ ORB VWAP EMA Master Alerts", overlay=true) // === USER INPUTS === orbHigh = input.float(na, "ORB High (from LuxAlgo)") orbLow = input.float(na, "ORB Low (from LuxAlgo)") emaFastLen = 9 emaSlowLen = 21 // === INDICATORS === emaFast = ta.ema(close, emaFastLen) emaSlow = ta.ema(close, emaSlowLen) vwapVal = ta.vwap(hlc3) // === CONDITIONS === // LONG longCond = close > orbHigh and close > vwapVal and emaFast > emaSlow // SHORT shortCond = close < orbLow and close < vwapVal and emaFast < emaSlow // === ALERTS === alertcondition( longCond, title="A+ LONG SETUP – ORB + VWAP + EMA", message="A+ LONG SETUP CONFIRMED (5m close): ORB High accepted, price above VWAP, EMA 9 > EMA 21. Wait for pullback/continuation." ) alertcondition( shortCond, title="A+ SHORT SETUP – ORB + VWAP + EMA", message="A+ SHORT SETUP CONFIRMED (5m close): ORB Low accepted, price below VWAP, EMA 9 < EMA 21. Wait for rejection/continuation." )
Pine Script® indicator
by hamdialghazali33
Testthis is a test script bool newClosed = strategy.closedtrades > strategy.closedtrades if newClosed int last = strategy.closedtrades - 1 // 最新平仓 trade 的关键信息 string eid = strategy.closedtrades.entry_id(last) float epx = strategy.closedtrades.entry_price(last) string xid = strategy.closedtrades.exit_id(last) float xpx = strategy.closedtrades.exit_price(last) float pnl = strategy.closedtrades.profit(last) // 注意：单位是策略币种/合约计价（受 commission 等影响） // 判断是不是“止损”触发（看 exit_id） bool isStop = str.startswith(xid, "S_SL_") string msg = "CLOSED TRADE (new) " +"entry: " + eid + " @ " + str.tostring(epx) + " " +"exit : " + xid + " @ " + str.tostring(xpx) + " " +"pnl : " + str.tostring(pnl) + " " +"isStop=" + str.tostring(isStop) label.new(bar_index, high, msg, style=label.style_label_down, textalign=text.align_left)
Pine Script® strategy
by panda952701
Trend Signal GridTrend Signal Grid Based on Trend Direction & Force Index - TDFI by Causecelebre, the TDFI Grid is a multi-timeframe momentum indicator that builds on the original TDFI concept. It calculates TDFI across three user-selectable timeframes using three different lookback periods, creating a 3×3 consensus grid (9 readings total). Each cell is classified as bullish, bearish, or neutral based on configurable upper and lower thresholds. When a majority of the 9 readings align in the same direction (default 65%), the indicator triggers a directional signal — either GRID UP or GRID DOWN. Alerts fire automatically on new signals so you never miss a shift. How it works The indicator uses a smoothed EMA-based momentum calculation, normalises the output against its recent highest absolute value, and then maps it across your chosen timeframes and lookback lengths. The results are displayed in a clean on-chart table showing the state of each timeframe/lookback combination at a glance. Settings: Timeframe 1, 2, 3 — Choose any three timeframes (defaults to 1m, 5m, 15m). LB1, LB2, LB3 — Lookback periods for each TDFI calculation. UP / DOWN thresholds — Controls how far the TDFI must move before a cell registers as bullish or bearish. Majority — The percentage of the 9 cells that must agree to trigger a signal. Table position — Place the grid anywhere on your chart. Best used for Trading setups where you need to confirm momentum alignment across multiple timeframes before entering or scaling a position. Works well on forex and metals.
Pine Script® indicator
by JaneAutomates
Peak Rejection LevelsPeak Rejection Levels is a price-action–based indicator designed to automatically identify strong rejection levels at swing highs and swing lows. It highlights areas where price attempted to move further but was firmly rejected, often acting as key support or resistance zones. The indicator is especially useful for : Intraday and swing trading Identifying high-probability rejection zones Support/resistance mapping based on pure price action Confluence with trend, structure, or indicator-based strategies 📈 What Is a “Peak Rejection”? A peak rejection is defined using strict price-action rules: 🔺 Swing High Rejection (Resistance) A swing high is marked as a rejection when: The candle is a confirmed swing high The candle has an upper wick The upper wick is larger than the candle body The wick represents the highest price of the swing This indicates strong selling pressure and rejection from higher prices 🔻 Swing Low Rejection (Support) A swing low is marked as a rejection when: The candle is a confirmed swing low The candle has a lower wick The lower wick is larger than the candle body The wick represents the lowest price of the swing This indicates strong buying pressure and rejection from lower prices When these conditions are met, the indicator draws a horizontal level at the rejection wick. 🧠 Key Features ✅ Works on any timeframe ✅ Non-repainting (uses confirmed swings) ✅ Automatically removes broken levels ✅ Automatically removes old levels based on time ✅ Clean and uncluttered chart output ✅ Pure price-action logic (no indicators, no lag)
Pine Script® indicator
by Joel-James
SMA Multi-Sync Granville & MTF CounterSMA Multi-Sync Granville & MTF Counter Overview This indicator is an environmental awareness tool that identifies when and to what level moving averages (SMAs) across multiple time frames align in the same direction, visualizing the timing and freshness of the trend. Its greatest feature is that it does not simply determine synchronization; rather, it precisely distinguishes the time frame upon which synchronization is completed using the number of stars (★). Key Features 1. Calculation of "Stars" Based on Confirmed Time Frame Trigger The number of stars displayed upon synchronization completion indicates the signal's "temporal weight." ★ (1): Synchronization is completed upon confirmation of the displayed time frame. ★★ (2): Synchronization is completed upon confirmation of the next higher time frame (e.g., 15 minutes). ★★★ (3): Synchronization is completed upon confirmation of the next higher time frame (e.g., 1 hour). The more higher the time frame is confirmed, the more powerful the trend reversal or regression it acts as. 2. MTF Sync Panel The table on the right side of the screen displays the price position (background) and MA direction (text) for each level (displayed to daily) in real time. By watching the background and text colors match, you can understand the accumulation of energy before a star appears. 3. Cross Counter The number of bars elapsed from the synchronization starting point (MA crossover, etc.) to the current bar is displayed numerically in the lower right corner. The closer to "0" the number, the more likely it is the beginning of a trend, while the higher the number, the more likely it is the end of the trend (expiration date). Usability of Input Settings Min Stars (1-5) This sets the signal cutoff. Setting it to "2" eliminates noise caused by the displayed bar being confirmed and narrows down to only the moment when the higher bar is confirmed (★2 or higher). Cancel Alert if MA Slope Same If the MA of the displayed time frame is already leaning in the same direction (leading), the confirmation (★1) on that time frame will be considered "not an initial move" and excluded. 5m TF: Use 30m SMA When using 5-minute time frames, this physically changes the ★2 trigger from the confirmation on the 15-minute chart to the confirmation on the 30-minute chart. This is effective when targeting milestones on larger time frames. *If you have any questions about how to use this, please ask in the comments. SMA Multi-Sync Granville & MTF Counter 概要 本インジケーターは、複数の時間足の移動平均線（SMA）が「いつ、どの階層まで同じ方向に揃ったか」を特定し、そのトレンドの**「確定タイミング」と「鮮度」**を可視化する環境認識ツールです。 最大の特徴は、単なる同調判定ではなく、**「どの時間足の確定（Close）によって同期が完成したか」**を星（★）の数で厳密に区別する点にあります。 主な機能 1. 確定足トリガーによる「星」の算出 同期が完成した瞬間に表示される星の数は、そのシグナルの「時間的な重み」を示します。 ★（1つ）：表示足の確定により同期が完成。 ★★（2つ）：1つ上の上位足（15分等）の確定により同期が完成。 ★★★（3つ）：2つ上の上位足（1時間等）の確定により同期が完成。 上位の足が確定する節目ほど、より強力なトレンドの転換・回帰として機能します。 2. MTF同期パネル 画面右側のテーブルで、各階層（表示足〜日足）の「価格の位置（背景）」と「MAの向き（文字）」をリアルタイムに表示します。 背景色と文字色が一致していく過程を見ることで、星が出る前の**「エネルギーの蓄積」**を把握できます。 3. クロスカウンター 同期の起点（MAクロス等）から、現在の足まで何本経過したかを右下に数値で表示します。 「0」に近いほど初動であり、数値が大きくなるほどトレンドの終盤（賞味期限切れ）である可能性を論理的に示唆します。 インプット設定の使い勝手 Min Stars (1-5) シグナルの足切り設定です。「2」に設定すれば、表示足の確定によるノイズを排除し、**上位足の確定が伴った瞬間（★2以上）**のみに絞り込めます。 Cancel Alert if MA Slope Same 表示足のMAがすでに同方向へ傾いている（先行している）場合、その足での確定（★1）を「初動ではない」とみなして除外します。 5m TF: Use 30m SMA 5分足運用時、★2のトリガーを「15分足」から「30分足」の確定に物理的に変更します。より大きな時間軸の節目を狙う場合に有効です。 ※使い方が不明なところはコメントで聞いてください。
Pine Script® indicator
by hmp5below
THMA ~ CharonQuantTHMA is a high-precision trend following indicator designed to detect market transitions early while filtering out low-quality, low-momentum conditions. Built on the Hull Moving Average framework, THMA extends the concept into a triple-nested structure that significantly reduces lag without sacrificing smoothness. The result is a fast, stable trend line that adapts well to volatile markets such as crypto, forex, and intraday equities. Signals are not generated in isolation. Every long or short condition is validated through three independent filters : Trend alignment via a higher-timeframe EMA Directional control using DI (+DI / −DI) Trend strength confirmation through ADX Only when all filters align does a final signal trigger, helping suppress noise and whipsaw during ranging markets. Visual Design Persistent THMA state coloring Long, muted gold (#D4A017) Short, deep burgundy (#6B2A3A) Lighter confirmation states when conditions are partially met Trend EMA and dynamic price reference ADX with threshold displayed in a separate pane Alerts Two native alert conditions are included: THMA Long Fires when finalLong becomes true Condition, price > THMA, price > Trend EMA, ADX > threshold, +DI > −DI THMA Short Fires when finalShort becomes true Condition, price < THMA, price < Trend EMA, ADX > threshold, −DI > +DI Alert messages include exchange and ticker placeholders for automation and webhook use. Important No indicator replaces discipline or context. THMA exists to reduce uncertainty, not eliminate risk. Use it to escort price through volatility, not to chase it.
Pine Script® indicator
by CharonQuant
Pattern Multi-TF DashboardPattern indicator is a comprehensive market analysis tool designed to identify the three primary phases of price action: Contraction, Expansion, and Trend. By combining technical momentum (ADX) with price range volatility, this script provides a "top-down" view of the market, allowing traders to see how lower-timeframe price action fits into the broader market cycle. Core Logic & Market Phases The indicator classifies market conditions based on a proprietary blend of ADX (Average Directional Index) and price deviation from the Fair Market Value (FMV). 🟦 Contraction (Blue): Identified when ADX is low and price is consolidating within a narrow range relative to the FMV. This represents "market value" where orders are being accumulated. 🟧 Expansion (Orange): Triggered when ADX begins to rise and price pushes away from the FMV. This represents the initial breakout phase where the market is seeking a new value area. 🟩 Trend (Green): Confirmed when ADX remains high and price maintains direction. This is the "momentum" phase of the cycle. ⬜ Neutral (Gray): Default state when neither contraction nor strong momentum is detected. Key Features Multi-TF Dashboard: A dynamic, real-time table displaying the Phase, Bias (Bullish/Bearish), and FMV price for eight different timeframes (1m through Monthly). Visual Bias Tracking: The "Bias" column is color-coded (Green for Bullish, Red for Bearish) based on whether price is trading above or below the Fair Market Value (Mid-point of the range). On-Chart Inefficiencies (FVG): Automatically plots Green/Red triangles to highlight Fair Value Gaps, identifying areas of price imbalance where liquidity may be resting. HTF FMV Overlay: Plots the Fair Market Value (Mid-line) of a user-defined Higher Timeframe (e.g., 4H) directly onto your current chart for easy trend reference. Optimized Performance: Built specifically for Pine Script® v6, the dashboard is designed to update only on the most recent bar to ensure zero chart lag during manual scrolling. How to Use Identify the HTF Phase: Look at the background color of your chart to see the 4H or Daily phase. Check for Alignment: Use the Dashboard to see if the 1m and 5m biases match the HTF bias. Find Entry: Look for Inefficiencies (FVGs) that align with the Expansion or Trend phases for high-probability entry points.
Pine Script® indicator
by christopher_sveen
EZ Range MACD + DASH - ELECTZA**EZ Range MACD + DASH – ELECTZA** A streamlined MACD momentum indicator built to reduce false signals in choppy markets. It combines a classic **MACD + Signal + Histogram** display with an **ATR-based range detector** that identifies low-volatility compression zones. When the market is ranging, momentum is muted and the script prioritizes “WAIT” conditions to help you avoid noise. Clear **BUY/SELL arrows** print only when MACD crossovers occur outside of detected range conditions. The built-in **dashboard** (bottom-right) gives a quick at-a-glance read of the **Overall Market State** (Bullish / Bearish / Ranging) plus the current **trade recommendation** (Buy / Sell / Wait), making it easy to track momentum and market quality without clutter. **Disclaimer:** This indicator/script is provided for **educational and informational purposes only** and does **not** constitute financial, investment, or trading advice. Trading and investing involve **significant risk**, and you may lose some or all of your capital. Past performance is **not** indicative of future results. Always do your own research, use proper risk management, and consider consulting a qualified financial professional. By using this script, you agree that you are solely responsible for any trading decisions and outcomes.
Pine Script® indicator
by ElectZA
TSM PCR Auto AlertsPCR Auto Alerts (Bullish · Neutral · Bearish) 🎯 Objective of the Script This script is designed to: Calculate the Put–Call Ratio (PCR) Interpret market sentiment using predefined PCR zones Automatically generate Bullish, Neutral, and Bearish alerts Visually display the PCR trend and current market view 📊 What is PCR (Put–Call Ratio)? PCR = Put Open Interest ÷ Call Open Interest It reflects market participants’ expectations: Lower PCR → More calls → Bullish bias Higher PCR → More puts → Bearish bias 🔧 Inputs Used in the Script Put Open Interest (Put OI) Manually entered value Call Open Interest (Call OI) Manually entered value These inputs make the script ideal for: Learning & teaching Strategy explanation Posters & educational content
Pine Script® indicator
by SARAVANANTamilShareMarket
Cyberpunk Pattern Engine⚡ Cyberpunk Pattern Engine: Neon Technical Analysis Upgrade your chart aesthetics while maintaining surgical precision. The Cyberpunk Pattern Engine is a high-performance pattern recognition script designed to identify classic reversal formations with a futuristic, neon-soaked visual style. 🛠️ Key Features ・Automated Pattern Detection: Real-time identification of four major price action structures: 　・Double Top (DT) - Neon Pink 　・Double Bottom (DB) - Neon Cyan 　・Head & Shoulders (H&S) - Neon Green 　・Inverse H&S (iH&S) - Neon Gold ・Cyber-Visuals: Uses the linefill engine to create semi-transparent glowing triangles, making chart patterns instantly recognizable without cluttering your price action. ・Dual-Language Support: Toggle labels between English and Japanese with a single click. ・Sensitivity Control: Adjust the "Pivot Period" and "Max Difference %" to filter out market noise and find only the most textbook-perfect setups. 🚀 How to Use 1. Pivot Period: Larger values find long-term trends; smaller values find scalp opportunities. 2. Max Difference: Controls how "equal" the tops/bottoms must be. Decrease for strict perfection, increase for more frequent signals. 3. Confirmation: The engine paints the completed pattern once the price crosses the neckline (confirmation level). 日本語版 (Japanese Description) ⚡ Cyberpunk Pattern Engine: ネオン・テクニカル・エンジン チャート分析に「美学」と「精度」を。Cyberpunk Pattern Engineは、伝統的なチャートパターンを検出し、近未来的なサイバーパンク・スタイルで可視化する高性能インジケーターです。 🛠️ 主な機能 ・自動パターン検出: 主要な4つの反転パターンをリアルタイムで識別します： 　・ダブルトップ (DT) - ネオンピンク 　・ダブルボトム (DB) - ネオンシアン 　・三尊 / Head & Shoulders (H&S) - ネオングリーン 　・逆三尊 / Inverse H&S (iH&S) - ネオンゴールド ・サイバー・ビジュアル: linefill機能を駆使し、半透明の光る三角形で描画。チャートの視認性を損なうことなく、瞬時に形状を把握できます。 ・2ヶ国語対応: ラベル表示を日本語と英語で切り替え可能。 ・感度カスタマイズ: 参照期間（Pivot Period）や許容誤差（Max Diff %）を調整することで、ノイズを排除し、自身のトレードスタイルに最適な形状のみを抽出できます。 🚀 使い方 1. 参照期間 (Pivot Period): 数値を大きくすると長期足レベルの大きな波を、小さくするとスキャルピング向けの小さな波を検出します。 2. 許容誤差: 頂点や肩の高さがどれくらい揃っていればパターンとみなすかを調整します。厳格な判断には数値を下げてください。 3. 確定条件: 価格がネックラインをブレイクし、パターンが完成したタイミングで描画が実行されます。
Pine Script® indicator
by ken5_5489