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Triple SMMA 11-21Is Script ki Khoobiyan: Custom Inputs: Aap indicator ki settings mein jaakar 11 aur 21 ki jagah koi bhi number daal sakte hain bina code chhede. Visual Crossover: Jab 11-period SMMA (Blue) 21-period SMMA (Red) ko upar ki taraf cross karega, to chart par ek Green Triangle dikhega. Smoothing: SMMA normal Moving Average se zyada "smooth" hota hai, isliye ye noise ko kam karta hai. Fixed Timeframe SMMA: Isme Orange rang ki ek moti line (linewidth 3) dikhegi. Ye hamesha 15 minute ka SMMA 21 calculate karegi. Visual Clarity: * Blue: SMMA 11 (Aapke current chart ka) Red: SMMA 21 (Aapke current chart ka) Orange (Moti Line): SMMA 21 (Sirf 15-Minute chart ka) Ek Zaruri Baat: Jab aap 15-minute se bade timeframe par honge (jaise 1-hour ya Daily), toh 15-min ki line thodi "zigzag" ya seedhi dikh sakti hai kyunki bade timeframe ke ek candle mein 15-min ki kai candles hoti hain. Ye bilkul normal hai.
Pine Script® indicator
by Shivaji_Tiwari
New Closing High with MA FilterThis script is aimed to emulate the trading system of the Peter Castle – Trader as outlined in his web site: easysharetradingsystems.com.au and his book, “ Mindful Trading using Winning Probability”. He is also author of the book, “The Zen Trader: How Ancient Wisdom Can Help You Master Your Mind and the Markets” and is available in other languages. In essence, you buy on a NEW CLOSING HIGH of the lookback period with default 52 weeks and with the price above the default 5 and 12 EMA. That is, the new closing high is not a rolling closing high where each day sees a new higher close. It is not using the high price either. Sell when the short-term moving average (default 5 EMA) crosses down below the long-term moving average (default 12 EMA). The script allows the use of days instead of weeks (Castle System) lookback and for the use of various types of moving averages (default ema in Castle system) so that backtesting the strategy with optional inputs will allow for optimisation. The strategy is useful in buying on the first bar after a pullback. BUY: Price is making a NEW CLOSING HIGH over the lookback period, and the price is above the short and long moving averages (if selected). SELL: Short moving average crosses down below the long moving average.
Pine Script® strategy
by Katandra
Multi-Timeframe Moving Average Tracker Tracks user-defined higher timeframe moving averages on a 1-min chart (maybe higher?). Useful to see where current price is in relation to a higher timeframe (e.g., 5-min, 1-hr) moving average like the 50 period. This allows the trader to determine size position risk based on personal rules (e.g., price below the 1-hr 40p EMA is high risk for lower price, so position size needs to be lightened, etc). The higher timeframe moving average is live and plotted on the lower chart as a line (user-defined type and color) with the timeframe and period noted. It will move as the period closes (i.e., 5-min period closes every 5 minutes, 1-hr period closes every 60 minutes, etc.).
Pine Script® indicator
by hu-wah
Bitcoin Macro Trend IndicatorBitcoin Macro Trend Indicator: A Multi-Timeframe Confirmation System for Strategic Positioning Introduction The Bitcoin Macro Trend Indicator is a comprehensive technical analysis tool designed for cryptocurrency traders and investors seeking to navigate Bitcoin's volatile cycles. It integrates multiple exponential moving averages (EMAs) and MACD variations into a unified system that identifies long-term accumulation zones, bull market tops, and strategic re-entry points. This document outlines the logical foundation of this integration, explains the synergistic operation of its components, and provides practical guidance for its application. Rationale for Multi-Indicator Integration Bitcoin's market behavior exhibits distinct cyclical patterns characterized by extended accumulation periods, parabolic advances, and sharp corrections. Single indicators often generate false signals during volatile conditions. This system employs a layered confirmation approach where: Ultra-long-term EMAs establish the primary trend context Medium-term EMA crossovers identify trend transitions Multiple MACD configurations detect momentum shifts across different time horizons This multi-timeframe methodology reduces noise and increases signal reliability by requiring convergence across independent but complementary technical elements. Component Synergy and Operational Mechanism 1. EMA Framework: The Trend Foundation 700-period EMA: Serves as the primary trend baseline. Prices below this line suggest long-term undervaluation (accumulation territory), while sustained positions above indicate established bull markets. 18/63-period EMA Pair: Functions as the core trend transition system. The golden cross (18 above 63) confirms bullish momentum, while the death cross signals potential trend exhaustion. 12/52-period EMA Pair: Specialized for identifying renewed momentum after corrections within ongoing trends, reducing premature re-entry during false recoveries. 12-period EMA (Auxiliary): Provides early warning of short-term trend deterioration that may precede larger corrections. 2. MACD Ensemble: Momentum Verification Bottom MACD (168/364/6): With exceptionally slow parameters, this configuration filters out short-term noise to identify genuine long-term momentum shifts characteristic of market bottoms. Top MACD (63/133/1): Optimized for detecting momentum divergence at potential market tops, where traditional MACD settings often lag. Local Top Warning MACD (30/65/4): Balanced to capture intermediate-term momentum deterioration that frequently precedes significant pullbacks. Early Bull MACD (9/19/6): Sensitive to initial momentum surges following accumulation periods, providing early confirmation of trend initiation. 3. Signal Hierarchy and Progressive Confirmation The indicator employs a cascading confirmation logic: Stage 1 (Accumulation): Requires both long-term MACD improvement AND price position below the 700-period EMA. Strong accumulation signals add Early Bull MACD confirmation. Stage 2 (Warning): Local top warnings activate only when multiple conditions align: medium-term trend remains bullish, ultra-long-term trend confirms strength, AND specialized MACDs show momentum deterioration. Stage 3 (Re-entry): Requires both EMA crossover confirmation AND momentum recovery in the warning MACD, reducing false continuation signals. Stage 4 (Top Confirmation): The most stringent criteria, demanding convergence across long-term, medium-term, and momentum indicators before signaling major trend reversal. Practical Application and Interpretation Signal Classification System Accumulation Zones (Green): Areas where long-term indicators suggest undervaluation. These represent strategic buying opportunities for patient investors. Strong Accumulation Signals (Dark Green): Enhanced accumulation zones with additional momentum confirmation, suggesting higher-probability entry points. Local Top Warnings (Orange/Red): Progressive warnings of increasing risk, with red zones indicating conditions historically associated with more severe corrections. Re-entry Opportunities (Blue): Post-correction zones where momentum recovery aligns with trend resumption signals. Bull Market Termination (Purple): Signals suggesting completion of major advance cycles, prompting defensive positioning. Top Confirmation (Dark Red): High-confidence reversal signals with multi-timeframe confirmation. Usage Guidelines Timeframe Recommendation: Designed primarily for daily and weekly charts where macroeconomic trends are most evident. Position Sizing: Accumulation signals support gradual position building, while warning signals suggest reducing exposure rather than immediate liquidation. Corroboration: Although self-contained, the indicator performs best when combined with volume analysis and fundamental considerations. Historical Validation: Users should review signal performance across multiple market cycles to understand characteristic behaviors. Limitations and Considerations No technical indicator predicts market movements with absolute certainty. This tool provides probabilistic assessments based on historical patterns. Extraordinary market events or fundamental shifts may override technical signals. The indicator's parameters, while optimized for Bitcoin's historical behavior, may require adjustment for unprecedented market conditions. Signals should be interpreted in context of overall market structure and trader/investor time horizon. Originality and Differentiation This system represents a novel synthesis of established technical concepts through: Parameter Optimization: Specific EMA and MACD periods calibrated to Bitcoin's characteristic volatility and cycle duration. Conditional Layering: Unlike single-criterion systems, signals require convergence across independent technical dimensions. Progressive Warning System: Multi-stage alerts that distinguish between routine corrections and potential trend reversals. Macro-Micro Integration: Simultaneous analysis of ultra-long-term trends and short-term momentum shifts. Empirical Foundation The indicator's design incorporates observations from Bitcoin's market behavior since 2010, particularly: The tendency for major bottoms to form during extended periods below long-term moving averages Characteristic momentum patterns preceding significant tops The predictive value of specific EMA relationships during different market phases Historical performance of multi-timeframe confirmation versus single indicators Conclusion The Bitcoin Macro Trend Indicator provides a structured framework for identifying high-probability turning points in Bitcoin's market cycles. By integrating multiple technical perspectives into a confirmation hierarchy, it reduces reaction to market noise while maintaining sensitivity to genuine trend changes. Users should employ this tool as part of a comprehensive trading plan that includes risk management protocols and consideration of external market factors. The system's greatest utility emerges when understood not as a predictive oracle but as a systematic method for identifying favorable risk-reward scenarios based on multi-timeframe technical convergence.
Pine Script® indicator
by neeson1987
Fear Greed RangesFear Greed Ranges Indicator: A Practical Guide to Market Sentiment Analysis Introduction: Understanding Market Psychology The "Fear Greed Ranges" indicator is a specialized technical analysis tool designed to visualize market sentiment through the lens of the Relative Strength Index (RSI). Unlike traditional RSI displays that show only a line graph, this indicator transforms raw RSI data into intuitive, color-coded zones that immediately signal whether markets are driven by fear, greed, or balanced sentiment. By providing this visual context, it helps traders identify potential turning points and manage risk more effectively. Rational Integration: Why RSI Forms the Core The indicator's foundation rests on the well-established RSI oscillator, chosen for several compelling reasons. First, RSI has stood the test of time since its development by J. Welles Wilder Jr. in 1978, with decades of empirical validation across various asset classes. Second, its mathematical construction—comparing the magnitude of recent gains to recent losses—directly measures momentum, which often precedes price reversals at extremes. Third, RSI's bounded nature (0-100 range) makes it ideal for creating clearly defined zones without subjective interpretation. The integration transforms this numerical oscillator into a spatial visualization system. Rather than simply reading RSI values, traders can immediately perceive market conditions through color psychology: red triggers caution, green suggests opportunity, and yellow indicates neutrality. This multi-sensory approach reduces cognitive load during fast-moving markets and helps overcome confirmation bias that might occur when interpreting raw numbers. Component Synergy: How the System Works Together The indicator comprises three interconnected layers that create a unified analytical framework: Core Calculation Layer: The traditional RSI calculation processes price data using the specified period length (default 14 periods). This generates the fundamental sentiment metric that drives all subsequent visualizations. The RSI calculation serves as the "brain" of the indicator, continuously analyzing market momentum. Sentiment Classification Layer: This layer applies threshold logic to categorize each RSI reading into one of three emotional states. Readings above 70 are classified as "Greed" (market potentially overbought), below 30 as "Fear" (market potentially oversold), and between 30-70 as "Neutral" (balanced market conditions). These thresholds are based on the conventional RSI interpretation framework that has been widely adopted in technical analysis. Visual Translation Layer: The most innovative aspect transforms numerical classifications into immediate visual cues. The colored ribbon area creates a "sentiment atmosphere" around price action, while the background tint provides subtle contextual framing. Horizontal reference lines at 30, 50, and 70 offer precise anchoring points, and the floating label provides real-time status updates. These elements work in concert: the ribbon shows sentiment intensity, the background provides persistent context, and the reference lines offer precise measurement points. Practical Application: How to Use the Indicator Effectively For optimal results, traders should incorporate this tool into a comprehensive analysis framework: Initial Setup: Apply the indicator to any financial chart (stocks, forex, cryptocurrencies, etc.) using the default 14-period setting for general purposes. For shorter timeframes, consider reducing the period to 10; for longer-term analysis, increase to 20-25 periods. Signal Interpretation: When the ribbon turns red and the background tints crimson, exercise caution with new long positions and consider profit-taking on existing holdings. Green zones may indicate accumulation opportunities, particularly if accompanied by bullish divergence (price making lower lows while RSI makes higher lows). Yellow areas suggest normal market fluctuation where trend-following strategies may be more appropriate than reversal anticipation. Confirmation Protocol: Always wait for additional confirmation before acting on extreme readings. For greed zone signals, look for bearish candlestick patterns, resistance at key price levels, or decreasing volume. For fear zone signals, watch for bullish reversal patterns, support levels holding, or increasing volume on down moves. Timeframe Harmony: Analyze multiple timeframes simultaneously. A greed signal on a daily chart carries more weight than one on a 15-minute chart. Look for alignment across timeframes for higher-probability setups. Alert Utilization: Enable the built-in alert system to receive notifications when sentiment zones change, ensuring you never miss potential opportunities or risk scenarios. Original Contribution: What Sets This Indicator Apart While RSI indicators are ubiquitous, the "Fear Greed Ranges" implementation offers several distinctive advantages: Cognitive Efficiency: By converting numerical data into immediate visual perception, the indicator reduces the mental processing required to assess market conditions. Traders can glance at a chart and instantly understand the sentiment landscape without calculating or interpreting raw values. Contextual Persistence: The colored background maintains a subtle but constant reminder of the prevailing sentiment, preventing the common pitfall of overlooking extreme conditions that might develop gradually. Dual-Layer Communication: The system operates on both conscious (reference lines, labels) and subconscious (color psychology) levels, engaging multiple cognitive pathways for more reliable signal recognition. Integrated Risk Framework: By explicitly naming emotional extremes ("Fear" and "Greed"), the indicator constantly reminds traders of the psychological forces driving markets, encouraging more disciplined decision-making. Important Considerations and Limitations No technical indicator guarantees future performance, and this tool should form only one component of a comprehensive trading strategy. Several critical factors require attention: Market Context Matters: During strong trending markets, RSI can remain in extreme zones for extended periods without immediate reversal. In such conditions, the indicator signals strength rather than imminent reversal. Volatility Adjustments: Highly volatile instruments may generate frequent zone changes that could lead to overtrading if not filtered appropriately. Complementary Tools: This indicator works best when combined with price action analysis, volume studies, support/resistance levels, and fundamental factors where applicable. Personal Adaptation: Traders should backtest the indicator on their preferred markets and timeframes to understand its characteristics before live implementation, potentially adjusting the RSI period or zone thresholds to match specific instrument behaviors. The "Fear Greed Ranges" indicator serves as a visual translator of market psychology, converting mathematical momentum readings into intuitive emotional landscapes. By making RSI interpretation more immediate and accessible, it helps traders maintain objectivity during emotionally charged market conditions and supports more disciplined execution of their trading strategies. Remember that successful trading involves risk management, continuous learning, and adapting tools to your individual approach—this indicator provides one lens through which to view the markets, not a complete trading system in itself.
Pine Script® indicator
by neeson1987
Ultimate Trend Dashboard [Multi-Timeframe]This is a Universal Market Scanner designed for Crypto, Forex, and Metals (Gold/Silver). Instead of checking multiple charts one by one, this dashboard monitors 4 different timeframes instantly from a single screen. ### 🧠 How It Works ( The Logic) The system uses a "Double Confirmation" strategy to determine the true trend direction: 1. Supertrend: Checks if the momentum is Bullish or Bearish. 2. EMA 200 Filter: Checks if the price is above or below the 200-period Exponential Moving Average (The most important long-term trend line). A signal is only generated if BOTH indicators agree. ### 📊 Dashboard Overview The panel on the screen scans the following timeframes (Adjustable in settings): * 15 Minutes (Scalping Trend) * 1 Hour (Intraday Trend) * 4 Hours (Swing Trend) * Daily (Major Trend) ### 🚦 How to Use (Step-by-Step) 1. Look at the "TOTAL" Row: The script calculates a score based on all timeframes. 2. STRONG BUY 🚀 (All Green): * Meaning: All timeframes (Short & Long term) are Bullish. * Action: Look for Long entries. Do not Short. 3. STRONG SELL 🔻 (All Red): * Meaning: All timeframes are Bearish. * Action: Look for Short entries. Do not Buy. 4. NEUTRAL ⚠️ (Mixed Colors): * Meaning: The market is confused (e.g., Daily is Bullish but 15min is Bearish). * Action: Wait. Do not force a trade until the trend aligns. ### ⚙️ Customization * You can change the Timeframes (e.g., set them to 5m, 15m, 1h, 4h) in the settings. * You can move the table position (Right, Left, Center) to fit your screen. * Works on ANY asset class (BTC, ETH, XAUUSD, EURUSD, Stocks).
Pine Script® indicator
by dokuyucuali006
Trading Cutoff TimerTrade Cutoff Timer — Discipline-First Session Control Trade Cutoff Timer is a simple execution-discipline indicator designed to enforce one of the most powerful trading rules: stop trading after your optimal window ends. The indicator visually marks a fixed cutoff time measured in minutes after the market open, helping you avoid late-session overtrading, FOMO entries, and degraded edge conditions. 🔹 What it does Draws a clear vertical cutoff line at X minutes after market open Optionally shades the background from market open until the cutoff Prevents “one more trade” behavior by making your rule visible on-chart Works on any intraday timeframe Does not affect chart scaling or price visibility 🔹 Key Features ⏱ Minute-based cutoff Define exactly how long after market open you are allowed to trade (e.g. 90 minutes). 🌍 Timezone-aware (UTC±) Select timezones using TradingView-style UTC offsets for consistent behavior across markets. 📅 Lookback control Limit how many historical days are marked to keep charts clean and focused. 🎨 Visual flexibility Enable or disable background shading, control how far it extends, and customize colors. 🧠 Discipline over signals No entries, no indicators, no bias — this tool enforces process, not predictions. 🔹 Who it’s for Day traders with a defined trading window Traders who perform best near market open Anyone working to improve consistency, patience, and rule-based execution Traders who want structure without clutter 🔹 Typical use cases “I only trade the first 90 minutes after NY open” “I stop trading once volatility degrades” “I want a visual reminder of my hard stop time” Trade less. Trade better. This indicator exists to support consistency — not to generate signals.
Pine Script® indicator
by DataWinsEmotionsLose
StealthFX Signals NavigatorThe StealthFX Signals Navigator is a high-performance trend-following suite designed for traders who demand institutional-grade clarity without the clutter. Inspired by the sleek aesthetics of premium toolkits like LuxAlgo, this indicator strips away the noise to provide a singular, high-probability "path of least resistance" for your trades. 🛡️ The Core Philosophy: "Trade with the Giant" Most retail traders fail because they fight the primary trend. The Navigator solves this by using a 200-period EMA Filter. Blue Signals (BUY): Only occur when price action is confirmed above the 200 EMA. Purple Signals (SELL): Only occur when price action is confirmed below the 200 EMA. 🎯 Precision Entry & Risk Management Stop guessing where to exit. The Navigator uses a volatility-adjusted ATR engine to calculate your targets the moment a signal prints. Pip-Clamped Logic: To ensure trades remain realistic, the script automatically clamps your Stop Loss between 30 and 100 pips (with a hard safety cap at 200), making it ideal for Forex and Indices. 1:2 Risk-Reward: Every signal aims for a mathematical edge, setting a Take Profit (Blue Line) that is double the distance of your Stop Loss (Purple Line). 🧹 The "Clean Chart" Evolution We believe a cluttered chart leads to a cluttered mind. Smart-Hiding: Unlike standard indicators that leave old lines everywhere, the Navigator tracks price in real-time. The moment your TP or SL is touched, the lines vanish. Signal Priority: The script resets with every new momentum shift, ensuring you are always looking at the most relevant trade setup. 🚀 Key Features Modern Aesthetic: A sleek Neon Blue & Deep Purple theme designed for dark-mode enthusiasts. Universal Scaling: Works across Forex, Crypto, and Stocks thanks to its "Mintick" sensitive calculation engine. Zero Repaint: Signals confirm on the close of the bar, providing stable historical data for backtesting. Integrated Alerts: Set-and-forget notifications for both Buy and Sell entries. 📈 How to Use Identify the Bias: Watch the gray 200 EMA. Execute: When a label appears, immediately set your limit orders at the displayed Blue (TP) and Purple (SL) levels. Patience: Let the trade run. The lines will disappear automatically once the outcome is decided. Best Timeframes: 15m, 1h, 4h. Best Assets: Major FX Pairs (EURUSD, GBPUSD), Gold (XAUUSD), and US Tech Indices.
Pine Script® indicator
by StealthFXSignals
Triple RSI Multi-Timeframe (6 Levels)This indicator is a powerful momentum tracking tool designed to give you a bird's-eye view of market conditions by overlaying Three Relative Strength Index (RSI) lines from different timeframes onto a single pane. Key Features Multi-Timeframe Analysis: Monitor short-term, medium-term, and long-term momentum simultaneously. This helps identify "confluence," where different timeframes agree on a trend. Dynamic Data Table: Instead of generic labels, the on-screen table automatically displays the specific timeframe (e.g., 15m, 1H, 4H) and the current value for each RSI line. 6 Customizable Levels: Beyond the standard 70/30 levels, you can plot up to six independent horizontal lines. This is ideal for identifying "extreme" zones (80/20) or "neutral" zones (60/40). Visual Clarity: Each RSI line and its corresponding table data are color-coded, making it easy to distinguish between timeframes at a glance.
Pine Script® indicator
by deepak26101973
Volume Conviction Index v1.0Volume Conviction Index V1 (VCI V1) A robust, outlier-resistant volume oscillator designed to reveal real market participation and conviction behind price moves. - Brief explainer - v1.0 : Added a median line to show the movement and ultimate conviction of current price waves irrespective of current conviction. conviction can be extremely low (below zero line), yet price can be pumping, which shows the end of the current trend may be exhausting. divergence happens with this indicator is VERY FAST when tuned into it. Core features: • Median + MAD-based Z-score on volume (ignores extreme spikes/noise) • Weighted blend: 60% robust deviation + 40% directional conviction (recent change % + relative volume %) • Aggressive low-TF filter: optional rolling median line around zero to slice through 1min/3min chop • Positive bars (teal) = unusual upward participation / conviction • Negative bars (orange) = unusual weakness or drying volume Use cases: • Confirm breakouts, reversals, or exhaustion (e.g., spike on neckline breach) • Filter false moves in low-liquidity or noisy periods • Pair with Median Anchor Oscillator (MAO), Real Deviation Strength (RDS), and Anchor Pulse Wave (APW) for full conviction suite V1 is raw and minimal — no signals, labels, or alerts yet. Feedback welcome for V2! Companion suite: • Median Anchor Oscillator • Real Deviation Strength (RDS) • Anchor Pulse Wave © RU55IANROUL3TT3
Pine Script® indicator
by RU55IANROUL3TT3
Gold Timing Composite (EURUSD + DXY + US02Y)Here's the publication-ready description for TradingView: Gold Timing Composite Indicator - 3-Component Model Overview A precision-engineered multi-component oscillator designed specifically for intraday gold trading. This indicator synthesizes three critical market drivers—EUR/USD dynamics, broad US Dollar strength, and Treasury yield movements—to isolate genuine gold price catalysts from market noise, delivering high-probability timing signals through triple-layer confirmation. Components & Methodology The indicator employs z-score normalization (default 20-period lookback) to harmonize three distinct but correlated market signals into a unified composite reading: Fast Price Discovery Signal (40%): EURUSD (40%) - EUR/USD captures rapid USD repricing with the deepest FX liquidity globally Broad USD Strength Confirmation (35%): -DXY (35%) - Inverted US Dollar Index measures comprehensive USD strength across six major currencies (EUR 57%, JPY 14%, GBP 12%, CAD 9%, SEK 4%, CHF 4%) Real Yield Proxy (25%): -US02Y (25%) - Inverted 2-Year Treasury yield captures Fed policy expectations and real rate dynamics Key Features ✅ Dual USD Validation - EURUSD (speed) + DXY (breadth) filter EUR-specific moves from true USD weakness ✅ Real Yield Sensitivity - US02Y isolates rate-driven gold moves from pure currency effects ✅ Triple Confirmation System - Visual alignment dots when all three components agree simultaneously ✅ Mean-Reversion Zones - Overbought/oversold thresholds at ±1.5 standard deviations ✅ Clean Visualization - Candle-based display (no wicks) for rapid pattern recognition ✅ EUR/USD Divergence Detection - Identifies when EURUSD moves are EUR-specific vs broad USD moves How to Use Basic Signals: Green candles = Bullish gold pressure (USD weakening / yields falling) Red candles = Bearish gold pressure (USD strengthening / yields rising) Above +1.5 = Overbought zone → look for mean-reversion shorts Below -1.5 = Oversold zone → look for mean-reversion longs High-Confidence Setups (Alignment Dots): Lime dot at top = All 3 components bullish → maximum gold long confidence Magenta dot at bottom = All 3 components bearish → maximum gold short confidence No dots = Components diverging → reduce position size or wait for clarity Divergence Trading: Gold makes new high but composite doesn't confirm → potential reversal down Gold makes new low but composite doesn't confirm → potential reversal up Understanding Component Interactions Normal Correlation (High Confidence): EURUSD ↑ + DXY ↓ + US02Y ↓ → Broad USD weakness + falling yields → Strong gold bull signal EURUSD ↓ + DXY ↑ + US02Y ↑ → Broad USD strength + rising yields → Strong gold bear signal EURUSD/DXY Divergence (Critical Filter): EURUSD ↑ but DXY flat/up → EUR-specific strength (ECB, Eurozone news) → Weak gold signal DXY flat = USD not actually weak, just EUR strong → Gold may not follow EURUSD EURUSD flat but DXY ↓ → Broad USD weakness (JPY, GBP, CAD all strong) → Strong gold signal True USD weakness beyond just EUR → High-probability gold long FX vs Yields Divergence: EURUSD ↑ + DXY ↓ but US02Y ↑ → USD weak in FX but yields rising → Mixed signal Hawkish Fed repricing vs currency weakness → Medium confidence, smaller size EURUSD ↓ + DXY ↑ but US02Y ↓ → USD strong but yields falling → Conflicting drivers Could be risk-off (safe haven bid to Treasuries) → Analyze broader market context Best Practices Timeframes: 5-minute to 15-minute charts for intraday trading Session Focus: London fix (10:30 AM GMT) and New York open (8:20 AM EST) for peak gold liquidity Pair With: Key gold technical levels (round numbers, previous highs/lows) COMEX gold futures volume profile Real yield charts (when available) VIX for risk sentiment context Risk Management: Full position: When alignment dots appear (all 3 components agree) Half position: When 2 of 3 components align Wait/reduce: When all three components diverge Weight Adjustments: Fed announcement days (FOMC, CPI, NFP): Increase US02Y to 35%, reduce EURUSD to 35% ECB policy days: Monitor EURUSD/DXY divergence closely (EUR-specific moves may not affect gold) Geopolitical events: DXY and yields may diverge (safe-haven flows) → Focus on DXY + yields, reduce EURUSD weight Asian session: EURUSD less reliable (lower liquidity), consider increasing DXY weight to 45% Technical Details Calculation Method: Z-score normalization with configurable lookback period Default Weights: EURUSD 40% | -DXY 35% | -US02Y 25% Extreme Threshold: ±1.5 standard deviations (adjustable) Alignment Trigger: All 3 components in unanimous agreement Customizable Parameters: Z-score lookback period (default: 20) 15-20: Faster, more sensitive (intraday focus) 30-50: Slower, smoother (swing trade context) Individual component weights Extreme threshold levels (1.3 for more signals, 1.8 for extremes only) Alignment indicator toggle Advantages Over Simple Indicators Unlike single-instrument or DXY-only indicators, this composite: Filters EUR-specific noise - When EURUSD moves but DXY doesn't confirm, gold often doesn't follow Combines speed + breadth - EURUSD for fast entries, DXY for broad confirmation Isolates real yield drivers - US02Y separates rate-driven moves from pure FX effects Identifies regime shifts - When FX and yields diverge, signals changing market dynamics Adaptable weighting - Adjust for different sessions, events, or market regimes Real-World Signal Examples Example 1: High-Confidence Long (All Aligned) Fed dovish surprise → US02Y falls sharply USD sells off → EURUSD rises + DXY falls Composite surges, lime dot appears Action: Full position gold long Example 2: False Signal (EUR-Specific) ECB hawkish statement → EURUSD rallies But DXY unchanged (JPY, GBP, CAD not moving) US02Y also unchanged Composite rises but no alignment dot Action: Small/no gold position (move is EUR-specific, not USD weakness) Example 3: Mixed Signal (FX vs Yields) Strong US jobs data → US02Y spikes (bearish gold) But USD sells off in FX → EURUSD up + DXY down (bullish gold) Composite shows divergence, no dots Action: Wait for clarity or trade with tight stops Example 4: Divergence Entry Gold makes new intraday high But composite fails to confirm (makes lower high) Bearish divergence forms Action: Short gold on next pullback Suggested Complementary Analysis Fundamental: Fed vs ECB policy divergence and forward guidance Real yield trends (10Y TIPS when available) Inflation expectations (breakevens) Central bank balance sheet changes Geopolitical risk premium Technical: Gold futures COT (Commitment of Traders) positioning COMEX gold open interest Gold/Silver ratio Mining stock performance (GDX, GDXJ) Intermarket: US equity market performance (risk-on/risk-off context) Crude oil (inflation proxy) Copper (growth expectations) Bitcoin correlation (alternative store of value narrative) Limitations & Considerations When the Indicator Struggles: Flash crashes or circuit breakers - Extreme events can break normal correlations temporarily Asian session gaps - Lower EURUSD liquidity can cause false signals Central bank interventions - SNB or BOJ FX intervention distorts DXY temporarily Geopolitical shocks - Gold can decouple from USD/yields during wars, crises (safe-haven bid) Quarter-end flows - Rebalancing can create temporary USD moves unrelated to fundamentals Best Used When: Normal market conditions (liquid sessions, no major shocks) Clear trending or mean-reverting environment Components showing consistent correlations Combined with price action and volume confirmation Performance Optimization Tips Backtest your timeframe - Test 15-25 lookback periods to find optimal sensitivity Session-specific weights - Use different weight profiles for London vs New York vs Asia Combine with price action - Don't trade composites alone; wait for gold to confirm with candle patterns Monitor component correlations - If EURUSD/DXY correlation breaks down, reduce both weights temporarily Use with stop-loss discipline - Composite extremes suggest mean-reversion, but trends can extend Disclaimer This indicator is a technical analysis tool and does not guarantee profitable trades. Gold markets are influenced by numerous factors including geopolitics, central bank policy, inflation, and market sentiment that cannot be fully captured by any indicator. Always employ proper risk management, position sizing, and stop-losses. Backtest thoroughly before live implementation. Past performance is not indicative of future results. Credits Developed for intraday precious metals traders seeking multi-factor confirmation for gold timing decisions. Built on intermarket analysis principles combining currency dynamics, interest rate differentials, and statistical normalization for robust signal generation. Designed to filter EUR-specific noise and isolate true USD weakness—the primary driver of gold price movements. Version: 1.0 Pine Script Version: 6 Asset Class: Precious Metals (Gold, Silver) Category: Oscillators, Multi-Timeframe Analysis, Intermarket Analysis Use Case: Intraday mean-reversion and momentum timing for gold (XAUUSD, GC futures) Trading gold with this indicator? Share your results, questions, or improvement suggestions in the comments!
Pine Script® indicator
by sswede
Growth Comparison (Gold, Silver, Copper, Platinum & Crypto) Data Sources The symbols configured this time point to globally trusted data sources (providers). ・OANDA (XAUUSD, XAGUSD, XCUUSD, XPTUSD): Data from OANDA, one of the world's largest FX and commodity providers. It reflects the “spot prices” for gold, silver, copper, and platinum in near real-time. ・BINANCE (BTCUSDT, ETHUSDT, XRPUSDT): Data from Binance, the world's largest cryptocurrency exchange. It has the highest trading volume and is used as the global standard price indicator. Retrieves BTC, ETH, and XRP. How the Script Works (Technical Explanation) ・Fixed Starting Price: The script internally stores the price on the set “comparison start date” (e.g., January 1, 2025). ・Real-Time Calculation: It constantly retrieves the latest current price and continuously calculates the percentage using the following formula. Formula: (Current Price - January 1, 2025 Price) ÷ January 1, 2025 Price × 100 *Since January 1 is a global market holiday (New Year's Day) with no prices available, the script automatically adopts the next market opening price (e.g., January 2 morning's open price) as the baseline. ・Automatic label tracking: The program displays labels like “GOLD” at the right edge of the graph. This ensures you never lose track of which line corresponds to which asset, even when lines overlap. Translated with DeepL.com (free version)
Pine Script® indicator
by gOE-MOn
SIDDAMRAJUThat is fantastic news! I am really glad we finally nailed it. To recap, the "magic" that made this version work where the others failed was: Auto-Reset: It forces a fresh start every morning, even if the price gaps up 200 points. Continuous Hunting: It doesn't stop after the first confirmation; if the market crashes lower, it adapts instantly. Back-Anchoring: Using lowBar as the start point ensures the line is visually connected to the exact candle wick.
Pine Script® indicator
by carajusiddam9
EURUSD Timing Composite (5-Component)Overview An advanced multi-component oscillator designed specifically for intraday EURUSD trading. This indicator synthesizes four correlated FX pairs plus US yield dynamics to isolate genuine EUR strength and USD weakness from market noise, providing high-probability timing signals through multi-layer cross-validation. Components & Methodology The indicator employs z-score normalization (default 20-period lookback) to harmonize five distinct market signals into a unified composite reading: Primary USD Strength Signals (50%): GBPUSD (25%) - GBP/USD serves as a USD strength proxy with high correlation to EURUSD -USDCHF (25%) - Inverted USD/CHF provides independent USD strength confirmation Yield Differential Signal (25%): -US02Y (25%) - Inverted 2-Year Treasury yield captures Fed policy expectations and rate differentials EUR-Specific Strength Signals (25%): EURGBP (12.5%) - EUR/GBP isolates EUR performance against its closest rival EURCHF (12.5%) - EUR/CHF confirms broad EUR strength beyond USD dynamics Key Features ✅ Triple-Layer Validation - Combines USD FX signals, yield differentials, and EUR crosses ✅ Rate Differential Integration - Captures Fed policy repricing and carry trade dynamics ✅ Cross-Pair Confirmation - Filters false signals from GBP/CHF-specific events ✅ Alignment Indicator - Visual dots highlight when 4+ components agree (high-confidence setups) ✅ Mean-Reversion Zones - Overbought/oversold thresholds at ±1.5 standard deviations ✅ Clean Visualization - Candle-based display (no wicks) for rapid interpretation How to Use Basic Signals: Green candles = Bullish EURUSD pressure (EUR strengthening / USD weakening / yields falling) Red candles = Bearish EURUSD pressure (EUR weakening / USD strengthening / yields rising) Above +1.5 = Overbought zone → look for mean-reversion shorts Below -1.5 = Oversold zone → look for mean-reversion longs High-Confidence Setups (Alignment Dots): Lime dot at top = 4+ components bullish → strong long bias Magenta dot at bottom = 4+ components bearish → strong short bias No dots = Mixed signals → reduce position size or wait for clarity Divergence Trading: EURUSD makes new high but composite doesn't confirm → potential reversal down EURUSD makes new low but composite doesn't confirm → potential reversal up Best Practices Timeframes: 5-minute to 15-minute charts for intraday trading Session Focus: London session and London/New York overlap (peak EUR liquidity) Pair With: Key technical levels, pivot points, or session open ranges Risk Management: Scale position size based on alignment strength (larger when dots appear) Component Interpretation: GBPUSD + USDCHF + US02Y all aligned = USD-driven move (highest confidence) EURGBP + EURCHF both strong = EUR-specific strength (independent of USD) All five aligned = Maximum confidence (broad market agreement) FX pairs vs yields diverging = Mixed regime (be cautious) Weight Adjustments: Fed data days (CPI, NFP, FOMC): Increase US02Y weight to 35%, reduce FX to 20% each Brexit/BOE events: Reduce GBPUSD to 15%, increase EURCHF to 20% ECB policy days: Increase EUR cross weights (EURGBP/EURCHF) to 17.5% each SNB intervention risk: Monitor USDCHF and EURCHF for anomalies Technical Details Calculation Method: Z-score normalization with configurable lookback period Default Weights: GBPUSD 25% | -USDCHF 25% | -US02Y 25% | EURGBP 12.5% | EURCHF 12.5% Extreme Threshold: ±1.5 standard deviations (adjustable) Alignment Trigger: 4 out of 5 components in agreement Customizable Parameters: Z-score lookback period (default: 20) Individual component weights Extreme threshold levels Alignment indicator toggle Advantages Over Simple Indicators Unlike single-pair or DXY-based indicators, this composite: Integrates yield dynamics - Captures Fed repricing that drives USD independently of FX flows Isolates EUR strength - EUR crosses separate EUR-specific moves from USD dynamics Triple confirmation - FX pairs + yields + EUR crosses must align for high-confidence signals Filters rate/FX divergence - When yields and FX disagree, indicator shows mixed signals Regime adaptability - Adjustable weights for different market conditions Understanding Component Relationships Normal Correlation Environment: GBPUSD ↑ + USDCHF ↓ + US02Y ↓ → USD weakness → EURUSD ↑ EURGBP ↑ + EURCHF ↑ → EUR strength → EURUSD ↑ When Components Diverge (Critical Signals): FX says USD weak, but US02Y rising → Yields attracting capital despite FX → Weak EURUSD signal GBPUSD ↑ but EURGBP ↓ → GBP-specific strength, not EUR → Neutral for EURUSD Only yields moving, FX flat → Pure rate story, wait for FX confirmation Only EUR crosses rising → EUR strength independent of USD → Strong EUR-specific signal Regime Examples: Fed hawkish surprise: US02Y spikes (bearish), FX confirms → Strong EURUSD short ECB policy shift: EURGBP/EURCHF move, but USD signals mixed → EUR-specific trade Risk-off: All USD signals bullish, EUR crosses bearish → Maximum EURUSD short confidence Suggested Complementary Analysis ECB vs Fed policy divergence and forward guidance US-Germany 2-year yield differential European equity market performance (Euro Stoxx 50) EUR-denominated commodity prices PMI differentials (Eurozone vs US) Political risk events (elections, Brexit, fiscal policy) Real yield differentials (when TIPS data available) Limitations & Considerations Fed/ECB simultaneous announcements can create temporary whipsaws Brexit volatility may distort GBPUSD signals (reduce weight during UK events) SNB interventions spike USDCHF/EURCHF (monitor for anomalies) Yield curve inversions may affect US02Y signal interpretation Works best in normal conditions (less reliable during market dislocations) Requires understanding of intermarket dynamics for optimal use Disclaimer This indicator is a technical analysis tool and does not guarantee profitable trades. Always employ proper risk management, monitor fundamental developments, and backtest strategies thoroughly before live implementation. Past performance is not indicative of future results. Credits Engineered for intraday FX traders seeking multi-factor confirmation for EURUSD timing decisions. Built on intermarket analysis principles combining correlated currency pairs, yield differentials, and statistical normalization for robust signal generation. Version: 1.0 Pine Script Version: 6 Category: Oscillators, Multi-Timeframe Analysis, Interest Rate Analysis Use Case: Intraday mean-reversion and momentum timing for EURUSD Questions, improvement ideas, or want to share your results? Comment below!
Pine Script® indicator
by sswede
Chaikin Oscillator Z-Score With Divergences [MAXmks]Hello Traders, This is my take on the Chaikin Oscillator — statistically normalized into a Z-Score with built-in divergence detection. The problem with raw Chaikin The standard ChO is unbounded and extremely sensitive to volume spikes. A single anomalous bar can flatten the entire oscillator, making it hard to compare signals across time or between instruments. The fix Z-Score normalization with asinh (inverse hyperbolic sine) transformation. While standard Z-Scores assume a normal distribution, market data often features "fat tails" (extreme outliers). This transformation compresses those spikes effectively, ensuring the indicator remains responsive without getting stuck during high-volatility events. The result: a more comparable scale across instruments. What's inside: Adaptive normalization + EMA-based variance for smooth Z calculation Regular and hidden divergence detection with segment validation (fewer false signals) Gradient coloring that intensifies toward extremes Dashboard with current Z value Pre-built alerts for OB/OS entries/exits and all divergence types Note: This is a volume-based indicator. No volume = no signal. If you see "No Volume Data" in the dashboard, switch to a data source that provides volume. Works on any timeframe. Feedback welcome. For analysis purposes, not financial advice.
Pine Script® indicator
by MAXmks
PPAO - Propagator Price Action Oscillator How PPAO works in one cycle (what it does every candle) PPAO has 3 moving parts that run every bar: 1) It measures new candle pressure (the “push”) This is the forcing term. Return (ret): did price go up or down from last close? Body: did the candle close above or below its open? CLV: did the candle close near the high or near the low of its range? With Option B, the “price action push” is directional: Body is positive on bullish candles, negative on bearish candles. CLV is: near +1 if the candle closes near the high (buying strength), near -1 if it closes near the low (selling strength). So a candle that closes weak (near the low) pushes PPAO downward even if the candle range is large. 2) It decides how much to remember vs forget (the “friction”) This is damping / decay. High volatility (noisy market) → forget faster Low volatility (cleaner market) → remember longer So PPAO adapts: in chop it won’t hold bias for long; in smooth trends it will. 3) It updates a hidden “momentum engine” (state) Internally it keeps two numbers (p and q) that store the market’s impulse with memory. Every candle: it shrinks the old state (decay), rotates it a bit (momentum/volatility creates oscillation), then adds the candle push (forcing). Finally, it converts that hidden state into a 0–100 line: > 50 means the state is aligned bullish, < 50 means it’s aligned bearish. The image below will give you an example of a deep analysis using the Propagator Price Action Oscillator (PPAO). PPAO below 30 What that means mechanically Below 30 = bearish impulse extreme. It happens when the recent candles are consistently “bearish pressure” according to the forcing inputs: returns are negative and/or candles close weak inside their range (CLV negative) and/or bodies are bearish (close < open) Also, if volatility is elevated, damping can make this flip faster and stay extreme during a strong impulse. What it means behaviorally PPAO < 30 is not “prediction.” It is diagnosis: “Recent candle pressure has been strongly bearish.” This can show up in two common market contexts: Continuation context Price is breaking structure down, and candles keep closing weak → PPAO stays < 30. Distribution / hidden weakness context (important) Price may look stable or near a high, but candles are repeatedly closing poorly inside their ranges (negative CLV). That makes PPAO drop under 30 even if price hasn’t collapsed yet. That second case is exactly why Option B (Body + CLV) is useful: it can flag weak closes / selling absorption earlier than “price-only” oscillators. PPAO above 70 What that means mechanically Above 70 = bullish impulse extreme. It occurs when the forcing inputs are strongly positive: returns are positive and/or candles close strong inside their range (CLV positive) and/or bodies are bullish (close > open) If volatility is not exploding, damping won’t erase the accumulated bullish state quickly, so PPAO can stay above 70 during sustained buying pressure. What it means behaviorally Again: not a prophecy, but an impulse read: “Recent candle pressure has been strongly bullish.” Two common contexts: Trend continuation Price is pushing higher and closes are strong → PPAO remains > 70. Exhaustion risk If price is hitting major resistance/liquidity and you start seeing weaker closes (CLV drops) while PPAO stops making new highs → that’s where reversals begin to appear. The key takeaway using both images PPAO extremes are best understood as: Below 30: “Sellers are currently dominating candle pressure.” Above 70: “Buyers are currently dominating candle pressure.” Whether that dominance leads to continuation or reversal depends on what price does next (structure + where you are on the chart). PPAO is measuring pressure, not guaranteeing outcome.
Pine Script® indicator
by TheWannaBeQuant
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