Contrarian DC Strategy - w Entry SL Pause and TrailingStopDonchian Channel Setup:
The strategy uses a tool called the Donchian Channel. Imagine this as two lines (bands) on a chart that show the highest and lowest prices over a certain number of past trading days (default is 20 days).
There's also a centerline, which is the average of these two bands.
Entry Conditions for Trades:
Buying (Going Long): The strategy considers buying when the price touches or falls below the lower band of the Donchian Channel. However, this only happens if there has been a pause after a previous losing trade. This pause is a number of candles where no new trades are taken.
Selling (Going Short): Similarly, the strategy considers selling when price reaches or exceeds the upper band of the Donchian Channel. Again, this is subject to a pause after a losing trade.
Stop Loss and Take Profit:
Each trade has a "Stop Loss" and "Take Profit" set. The Stop Loss is a preset price level where the trade will close to prevent further losses if the market moves against your position. The Take Profit does the same but locks in profit if the market moves in your favor.
The Stop Loss is set based on a percentage of the price at which you entered the trade.
The Take Profit is determined by the Risk/Reward Ratio. This ratio helps balance how much you're willing to risk versus the potential reward.
Trailing Stop Loss:
When a trade is profitable, the strategy should involve a "Trailing Stop Loss." This means the Stop Loss level moves (or trails) the price movement to lock in profits as the market moves in your favor.
For a buy trade, if the price moves above the centerline of the Donchian Channel, the Trailing Stop Loss should be adjusted in the middle between the entry price and the centerline. Viceversa for a sell trade, it should be adjusted in the same way if the price goes below the centerline.
IMPORTANT: There's no allert for the trailing stop at the moment.
Post-Stop Loss Pause:
If a trade hits the Stop Loss (i.e., it's a losing trade), the strategy takes a break before opening another trade in the same direction. This pause helps to avoid entering another trade immediately in a potentially unfavorable market.
In summary, this strategy is designed to make trades based on the Donchian Channel, with specific rules for when to enter and exit trades, and mechanisms to manage risk and protect profits. It's contrarian because it tends to buy when the price is low and sell when the price is high, which is opposite to what many traders might do.
Search in scripts for "band"
Expected Intraday MovementThis indicator pretends to represent the "probable" maximum movement of an asset, for the rest of the day.
This indicator should be used "only" in intraday timeframe. You will not be able to see it if you select a longer timeframe.
To calculate the probable maximum movement, the indicator uses the VIX value for each minute.
On the first candle of the day, it also calculates the probable maximum movement for the whole day, and plots it in horizontal lines.
It also allows adding a couple of extra lines (for visual purposes only).
It also allows the creation of alerts, so that when the value of the asset is close to one of the limits, it can send you an alert using the Tradingview alert system.
Summary of parameters:
Intraday bands: allows you to show/hide the bands for each minute.
Intraday first candle projection: allows to show/hide the estimated projection from the first candle of the day.
Enable alert: allows to enable/disable alerts.
Upper and lower band offset: optional offset where alarms will be triggered (e.g. 10 points before the limit is reached).
Intraday Extra Projection: allows to show/hide extra levels (for visual purposes only)
Upper and lower extra: values for extra levels.
As always, no indicator is meant to provide a single, reliable strategy to your trading regimen and no indicator or group of indicators should be relied on solely. Be sure to do your own analysis and assessments of the stock prior to taking any trades.
Safe trades everyone!
[EmreKB] BB Trend MagicThe BB Magic indicator is a trend-following tool that operates similarly to the Trend Magic indicator but uses the upper and lower values of Bollinger Bands. It works by dynamically adjusting its reference point based on the price's relationship with the Bollinger Bands.
Initially, the indicator uses the Bollinger Bands' lower value (BB Lower) as its reference. If the price reaches a higher BB Lower value, the BB Magic value is updated to this new BB Lower. This process continues as long as the price remains above the BB Magic value.
However, if the price closes below the BB Magic value, the reference point switches to the Bollinger Bands' upper value (BB Upper). In this case, the BB Magic value is updated to the new BB Upper value if the price creates a lower BB Upper. This mechanism helps capture downtrends effectively.
Whenever the price crosses above the BB Magic value again, the reference point switches back to BB Lower, and the cycle repeats. This approach allows the BB Magic indicator to adapt to price movements and trend changes more accurately, providing a reliable tool for traders to analyze market trends and make informed decisions.
Feel free to share your experiences and feedback on using the BB Magic indicator.
200 EMA Trend Strategy Anti meanDescription:
The "200 EMA Trend Strategy" is a versatile technical analysis tool designed for day trading and long-term investing. It aims to identify potential trend reversal points in the market based on the interaction between the price and the 200-period Exponential Moving Average (EMA). This strategy utilizes the 200 EMA, standard deviation bands, and basic trend analysis to generate buy and sell signals.
Key Features:
200-period Exponential Moving Average (EMA): The indicator plots the 200-period Exponential Moving Average, a reliable trend-following indicator that smooths out price data to identify the underlying trend direction.
Standard Deviation Bands: Upper and lower bands around the 200 EMA are calculated based on a specified standard deviation multiplier. These bands help identify potential overbought and oversold levels in the market.
Trend Signals: Buy signals are generated when the price crosses above the 200 EMA, indicating a potential bullish trend, while sell signals are generated when the price crosses below the 200 EMA, indicating a potential bearish trend.
Exit Signals: Exit signals are triggered when the price moves beyond the standard deviation bands in the opposite direction of the current trend. Most trades will be exited with minimal losses, aiming to grow the trading account over time. Multiple exit signals may be displayed, but only the first signal will be considered, ignoring subsequent signals to minimize drawdown.
Usage:
Day Trading: For intraday trading, traders can use a one-minute chart and fix the indicator's timeframe to five minutes. This allows for quick decision-making and minimizes drawdown by focusing on short-term price movements.
Long-Term Investing: For long-term investing, traders can utilize a four-hour or two-hour chart and fix the indicator's timeframe to daily or one-day timeframe. This provides a broader perspective of the market trends and allows for strategic positioning over longer time horizons.
Risk Management: Employ proper risk management techniques and position sizing strategies to mitigate losses and maximize profits. Use the indicator's exit signals to exit trades with minimal losses and allow profitable trades to grow the trading account over time.
Risk Disclosure: Trading involves risks, and this indicator should be used as part of a comprehensive trading strategy. It is essential to consider risk management principles and employ proper position sizing techniques when trading based on the signals generated by this indicator.
Maiko Range Scalper (Sideways BB + RSI) – v4 cleanPurpose
It’s a range scalping strategy for crypto. It tries to take small, repeatable trades inside a sideways market: buy near the bottom of the range, sell near the middle/top (and the reverse for shorts).
Core idea (two timeframes)
Define the trading range on a higher timeframe (HTF)
You choose the HTF (e.g., 15m or 1h).
The script finds the highest high and lowest low over a lookback window (e.g., last 96 HTF candles) → these become HTF Resistance and HTF Support.
It also calculates the midline (average of support/resistance).
Trade signals on your lower timeframe (LTF)
You run the strategy on a fast chart (e.g., 1m or 5m).
Entries are only allowed inside the HTF range.
Entry logic (mean reversion)
Indicators on the LTF:
Bollinger Bands (length & std dev configurable).
RSI (length & thresholds configurable).
Optional VWAP proximity filter (price must be within X% of VWAP).
Long setup:
Price touches/under-cuts the lower Bollinger band AND RSI ≤ threshold (default 30) AND price is inside the HTF range (and passes VWAP filter if enabled).
Short setup:
Price touches/exceeds the upper Bollinger band AND RSI ≥ threshold (default 70) AND price is inside the HTF range (and passes VWAP filter if enabled).
Exits and risk
Stop-loss: placed just outside the HTF range with a configurable buffer %:
Long SL = HTF Support × (1 − buffer).
Short SL = HTF Resistance × (1 + buffer).
Take-profit (selectable):
Mid band (the Bollinger basis) → conservative, faster exits.
Opposite band / HTF boundary → more aggressive, higher RR but more give-backs.
Position sizing
A simple cap: maximum position size = percent of account equity (e.g., 20%).
The script calculates quantity from that cap and current price.
Plots you’ll see on the chart
HTF Resistance (red) and HTF Support (green) via plot().
HTF Midline (gray dashed) drawn with a line.new() object (because plot() cannot do dashed).
Bollinger basis/upper/lower on the LTF.
Optional VWAP line (only shown if you enable the filter).
Signal markers (green triangle up for Long setups, red triangle down for Short setups).
Alerts
Two alertconditions:
“Long Setup” – when a long entry condition appears.
“Short Setup” – when a short entry condition appears.
Create alerts from these to get notified in real time.
How to use it (quick start)
Add to a 1m or 5m chart of a liquid coin (BTC, ETH, SOL).
Set HTF timeframe (start with 1h) and lookback (e.g., 96 = ~4 days on 1h).
Keep default Bollinger/RSI first; tune later.
Choose TP mode:
“Mid band” for quick scalps.
“Opposite band/Range” if the range is very clean and you want bigger targets.
Set SL buffer (0.15–0.30% is common; adjust for volatility).
Set Max position % to control size (e.g., 20%).
(Optional) Enable VWAP filter to skip stretched moves.
When it works best
Clearly sideways markets with visible support/resistance on the HTF.
High-liquidity pairs where spreads/fees are small relative to your scalp target.
Limitations & safety notes
True breakouts will invalidate mean-reversion logic—your SL outside the range is there to cut losses fast.
Fees can eat into small scalps—prefer limit orders, rebates, and liquid pairs.
Backtest results vary by exchange data; always forward-test on small size.
If you want, I can:
Add an ATR-based stop/target option.
Provide a study-only version (signals/alerts, no trading engine).
Pre-set risk to your €5,000 plan (e.g., ~0.5% max loss/trade) with calculated qty.
Universal Valuation[public code]Universal valuation indicator for all assets. Consists of 12 different indicators which are z-scored and averaged out.
> Volatility bands via Keltner Channels with a NWMA
> Confluence when price > vol.bands and valuation is high/low. The confluence is marked with red arrows when above the upper third band(green when below the lower on the downside), and 50% transparency when between 2/3 band(green when below the lower 2/3 bands on the downside.)
> Can be used separately of course.
> Can be used as valuation of indicators, when possible. (eg. Global Liquidity index valuation)
Code is a mess a bit, but parts can be extracted and a new strategy/indicator can be made.
*Big probs to the creator of this indicator . Inspired by him. I want to make it possible for people to extrapolate and create their own indicators/strategies. And of course, so I can do the same.
VWAP table with color
## 📊 VWAP Table with Color – Clear VWAP Deviation at a Glance
This script displays a **VWAP (Volume-Weighted Average Price)** table in a non-intrusive, color-coded panel on your chart. It helps you **quickly assess where the current price stands relative to VWAP**, classified into sigma bands (standard deviations). The goal is to provide valuable VWAP insight **without cluttering the chart with multiple lines**.
---
### 🔍 Purpose & Concept
VWAP is a powerful tool used by institutional traders to measure the average price an asset has traded at throughout the day, based on both volume and price.
In this script:
- We **do not plot traditional VWAP lines** with multiple ±1σ, ±2σ, etc., on the chart.
- Instead, we **summarize VWAP and its relative position in a table**, color-coded by deviation.
- This provides the **same information**, but in a **cleaner, minimal, and visually digestible format**.
---
### 🧠 VWAP Deviation Classification
The script calculates how far the current price is from the VWAP, in units of **standard deviation (σ)**.
The formula is:
```plaintext
VWAP Delta σ = (Current Price - VWAP) / Standard Deviation
```
This gives you a normalized value for deviation from VWAP, and it is **clamped between -3 and +3** to avoid extreme outliers.
Each range is color-coded and classified as:
| VWAP Δσ | Zone | Interpretation | Color |
|---------|---------------|------------------------------------------|--------------|
| -3σ | Far Below | Strongly below VWAP – potentially oversold | 🔴 Red |
| -2σ | Below | Below VWAP – bearish territory | 🟠 Orange |
| -1σ | Slightly Below| Slightly under VWAP – weak signal | 🟡 Yellow |
| 0σ | At VWAP | Price is around VWAP – neutral zone | ⚪ Gray |
| +1σ | Slightly Above| Slightly above VWAP – weak bullish | 🟢 Lime Green |
| +2σ | Above | Above VWAP – bullish signal | 🟢 Green |
| +3σ | Far Above | Strongly above VWAP – potentially overbought | 🟦 Teal |
This **compact summary in the table** provides a clear situational view while keeping the chart clean.
---
### ⚙️ User Customization
Users can configure:
- **VWAP σ Multiplier** (default 0.1) to set the width of the optional VWAP band on the chart.
- **Table Position** (Top Center, Bottom Right, etc.).
- **Text Size** and **Text Color**.
- **Hide VWAP logic**: VWAP data can be hidden automatically on higher timeframes (e.g., daily or weekly).
- **Enable/disable the VWAP ±σ band lines** (optional visual aid).
---
### 📐 Technical Highlights
- VWAP is recalculated each day using `ta.vwap(hlc3, isNewPeriod, 1)`.
- The band width uses standard deviation and the selected multiplier: `VWAP ± σ * multiplier`.
- Table updates dynamically with the new VWAP values each day.
- To **avoid floating-point rounding issues**, `vwapDelta` is rounded before comparison, ensuring correct background color display.
---
### ✅ Why Use This?
- Keeps your chart **visually clean and readable**.
- Gives **immediate context** to current price action relative to VWAP.
- Helps **discretionary traders** or **scalpers** decide whether price is stretched too far from the mean.
- Easier than tracking multiple σ bands manually.
---
### Example Usage:
- On intraday timeframes, you can identify price exhaustion as it hits ±2σ or ±3σ.
- On a 5-minute chart, if price touches `+3σ`, you may consider taking profits on longs.
- On reversal setups, watch for price at `-3σ` with bullish divergence.
---
### 🧩 Future Enhancements (Optional Ideas)
- Add alerts for when `vwapDelta` crosses thresholds like ±2σ or ±3σ.
- Let user select the timeframe for VWAP source (e.g., 1H, 5M, etc.).
- Extend to display VWAP on session or weekly basis.
---
Let me know if you want a version of this script formatted and cleaned up for direct TradingView publication (with annotations, credits, and formatting). Would you like that?
BAS EnhancedBAS Enhanced Indicator – A Powerful Market Trend & Volatility Tool
The BAS Enhanced Indicator is a cutting-edge trading tool designed to help traders analyze market trends, volatility, and price momentum with precision. This indicator builds upon traditional Bollinger Bands concepts, integrating adaptive price action tracking, dynamic band width analysis, and advanced smoothing techniques to generate clear and actionable trading insights.
🔹 Key Features & Benefits:
✅ Smart Price Selection – Choose between Close, High, Low, HL2, or HLC3 to tailor the indicator to different market conditions.
✅ Dynamic Band Analysis – Measures price movements relative to dynamically calculated upper and lower bands for real-time market assessment.
✅ Volatility & Trend Strength Measurement – The indicator uses a unique Width Calculation (wd) to gauge market volatility, helping traders understand the strength of price movements.
✅ Composite Indicator Calculation – Combines price position and band width with customizable power functions to provide a more refined momentum signal.
✅ Smoothing for Accuracy – Uses Exponential Moving Average (EMA) and Simple Moving Average (SMA) for a clearer trend visualization, reducing noise in volatile markets.
✅ Two Signal Lines for Confirmation – Includes customizable bullish and bearish signal lines, allowing traders to identify breakouts and reversals with greater confidence.
✅ Visual & Alert-Based Trading Signals – The indicator plots:
Smoothed Composite Indicator (Blue Line) – Tracks market momentum
%D Moving Average (Red Line) – A secondary smoothing layer for trend confirmation
Mid Values (Orange & Purple Lines) – Additional volatility references
Signal Lines (Green & Red Horizontal Lines) – Key breakout levels
✅ Built-in Alerts for Trade Signals – Get notified instantly when:
Bullish Alert 🚀 – The indicator crosses above the upper signal line
Bearish Alert 📉 – The indicator crosses below the lower signal line
📈 How to Use the BAS Enhanced Indicator?
🔹 Trend Trading: Use crossovers above Signal Line 2 as a potential buy signal and crossovers below Signal Line 1 as a potential sell signal.
🔹 Volatility Monitoring: When the band width (wd) expands, market volatility is increasing – ideal for breakout traders. When wd contracts, market volatility is low, signaling potential consolidation.
🔹 Momentum Confirmation: Use the %D Moving Average to confirm sustained trend movements before entering a trade.
🚀 Why Use BAS Enhanced?
This indicator is perfect for day traders, swing traders, and trend-followers looking to enhance their market timing, filter false signals, and improve decision-making. Whether you're trading stocks, forex, or crypto, BAS Enhanced helps you stay ahead of market movements with precision and clarity.
🔔 Add BAS Enhanced to your TradingView toolkit today and trade smarter with confidence!
Flashtrader´s Statistical BandwidthsThe vast majority of traders exclusively concern
themselves with trend-following in all its facets. Scoring
points with trends on a regular basis is a difficult task
since prices do not constantly move in one direction
or another. In the case of the DAX future, for example,
only about 30 per cent of all trading days in a year are
trend days. And of these, there are x percent long ones
and x per cent short ones. Catching the very days when
prices rise or fall from the opening to the close is a major
challenge for a trader who also needs to have previously
recognised the corresponding direction.
However, there are also other ways of profit-taking
every day – for example, by using the mean reversion
strategy. The idea behind this is the fact that prices reach
a high and a low every day – but very rarely close at the
high or the low. This means that prices always move
away from these extreme points and the closing price is
somewhere in between. A profitable trading strategy can
be developed out of this.
But how can you know where the high and the low
will be tomorrow? Is it possible for you to know this in
advance? No – because no one can predict the future. Or
can they? At least it can be statistically determined how
high or low prices could go tomorrow. There is a high
degree of probability that one of the two possibilities
will materialise. It will then be necessary to act.
Calculation
Classic pivot points for the following day are calculated
from the high, low and closing price. But does it really
make sense to use such a mix? I don’t think so and
use a different calculation for this strategy. In a first step,
only the differences between the start and the high or low
are calculated on a daily basis. To avoid being dependent
on individual days and outliers, it is advisable to calculate,
in a second step, the average of these differences over
the past five days. Finally, this average will then be added
at the opening price of the current trading day for the
upper statistical bandwidth and subtracted for the lower
bandwidth.
upper bandwidth = oSTB (violet dashed line in the chart)
lower bandwidth = uSTB (violet dashedline in the chart)
The second interesting question is, if the previous day's high has been exceeded, how much further can the price rise from a mathematical/statistical point of view?
These calculated previous day highs expansions are shown as red dashed lines
Previous day's high expansion = VTHA
Previous day's low expansion = VTTA
For further orientation, the previous day's high (VTH) and the previous day's low (VTT) are shown in light blue dashed lines
And as a supplement, the previous day's close in the DAX Future at 10:00 p.m. VTSA in violet solid lines and the previous day's close in the cash register at 5:30 p.m. VTSN in yellow solid lines
Reaching the calculated extreme values does not mean that the trend has to change immediately, but there is at least temporary exhaustion potential with which you can earn a few points every day in the area of scalping.
Example for cheap entry long:
Example for cheap entry short:
Deutsch:
Die Masse der Trader beschäftigt sich ausschließlich mit Trendfolge in all ihren Facetten. Mit Trends regelmäßig zu punkten ist ein schwieriges Unterfangen, da die Kurse nicht ständig in die eine oder andere Richtung laufen. Beim DAX-Future zum Beispiel sind von allen Börsentagen im Jahr lediglich zirka 30 Prozent Trendtage. Davon sind dann auch noch x Prozent Long und x Prozent Short. Hier genau die Tage abzupassen, an denen die Kurse von Börsenbeginn bis zum Schluss steigen beziehungsweise fallen, ist eine große Herausforderung – wobei der Trader zuvor noch die entsprechende Richtung erkannt haben muss. Es gibt jedoch auch noch andere Methoden täglich Gewinne mitzunehmen, zum Beispiel mit der Mean-Reversion-Strategie (Mittelwertumkehr).
Hintergrund ist die Tatsache, dass die Kurse jeden Tag ein Hoch und ein Tief erreichen – aber sehr selten am Hoch oder am Tief schließen. Das bedeutet, dass die Preise sich immer wie der von diesen Extrempunkten wegbewegen und der Schlusskurs irgendwo dazwischen liegt. Hieraus lässt sich eine profitable Handelsstrategie entwickeln. Aber woher kannst Du wissen, wo morgen das Hoch und das Tief sein wird? Kannst Du das vorher schon wissen? Nein – denn niemand kann die Zukunft vorhersagen. Oder doch? Statistisch lässt sich zumindest bestimmen, wie hoch und wie tief die Kurse morgen steigen oder fallen könnten. Eine Seite wird mit sehr hoher Wahrscheinlichkeit ein treffen. Dann gilt es zu handeln.
Berechnung Klassischer Pivot-Punkte für den folgenden Tag werden aus Hoch, Tief und Schlusskurs berechnet. Aber ist es wirklich sinnvoll, einen solchen Mix zu verwenden? Ich finde das nicht und verwenden für diese Strategie eine andere Berechnung. Im ersten Schritt werden täglich die Differenzen nur vom Start bis zum Hoch beziehungsweise Tief errechnet. Um nicht von einzelnen Tagen und Ausreißern abhängig zu sein, empfiehlt es sich, in einem zweiten Schritt den Durchschnitt dieser Differenzen über die letzten fünf Tage zu errechnen. Zuletzt wird dann dieser Durchschnitt zum Eröffnungskurs des aktuellen Handelstages für die obere statistische Bandbreite addiert und für die untere Bandbreite subtrahiert.
Obere statistische Bandbreite = oSTB (violette gestrichelte Linie im Chart)
Untere statistische Bandbreite = uSTB (violette gestrichelte Linie im Chart)
Die zweite interessante Frage ist, wenn das Vortageshoch überschritten wurde, wie weit kann der Kurs dann noch steigen aus mathematisch/statistischer Sicht?
Diese berechneten Vortagesextremausdehnungen sind als rote gestrichelte Linien dargestellt
Vortageshochausdehnung = VTHA
Vortagestiefausdehnung = VTTA
Für die weitere Orientierung sind die Vortageshochs (VTH) und die Vortagestiefs (VTT) als hellblaue gestrichelte Linien abgebildet.
Als Ergänzung wird noch der Vortages Schluss im Dax Future um 22:00 Uhr VTSA mit einer violetten durchgezogenen Linie und der Kassamarktschluss um 17:30 Uhr mit einer gelben durchgezogenen Linie gezeigt.
Das Erreichen der berechneten Extremwerte bedeutet nicht, das der Trend sofort drehen muss, aber es sind zumindest temporäre Erschöpfungspotentiale mit denen sich im Bereich scalping täglich einige Punkte verdienen lassen.
Beispiel für günstigen Einstieg Long:
Beispiel für günstigen Einstieg Short:
Future SD ProjectionFuture Standard Deviation Projector
This innovative indicator projects price volatility into the future, helping traders anticipate potential price ranges and breakouts. It calculates standard deviation bands based on recent price action and extends them forward, providing a unique perspective on future price movement possibilities.
Key Features:
- Projects standard deviation bands into the future
- Customizable lookback period for volatility calculation
- Adjustable future projection timeframe
- Flexible standard deviation multiplier
- Clear visual signals for band breaches
How it works:
1. Calculates standard deviation from recent closing prices
2. Projects upper and lower bands into the future
3. Plots these bands on the chart
4. Signals with arrows when closing price crosses projected bands
Use this indicator to:
- Gauge potential future price ranges
- Identify possible breakout levels
- Assess market volatility expectations
- Enhance your trading strategy with forward-looking volatility projections
Customize the settings to align with your trading timeframe and risk tolerance. Remember, while this tool offers valuable insights, it should be used in conjunction with other analysis methods for comprehensive trading decisions.
Note: Past performance and projections do not guarantee future results. Always manage your risk appropriately.
BabyShark VWAP Strategy What the code does:
This Pine Script implements a trading strategy based on two indicators: Volume Weighted Average Price (VWAP) and On Balance Volume (OBV) Relative Strength Index (RSI). The strategy aims to identify potential buy and sell signals based on deviations from VWAP and OBV RSI crossing certain threshold levels.
How it does it:
**VWAP Calculation**: The script calculates the VWAP using either standard deviation or average deviation over a specified length. It then plots the VWAP and its upper and lower deviation bands.
**OBV RSI Calculation**: It computes the OBV and then calculates the RSI using the cumulative changes in OBV. The RSI is plotted and compared against predefined levels.
**Table Visibility and Occurrence Counting**: It allows the user to display a table showing the number of occurrences where the price is above Upper Dev 2, below Lower Dev 2, crosses above a higher RSI level, or crosses below a lower RSI level.
**Entries**: Long and short entry conditions are defined based on the position of the price relative to the VWAP deviation bands and the color of the OBV RSI. Entries are made when specific conditions are met, and there hasn't been a recent entry.
**Exit Conditions**: The script includes stop-loss and take-profit mechanisms. It exits positions based on price crossing the VWAP or a certain percentage, and it prevents further trading after a certain number of consecutive losses.
What traders can use it for:
**Trend Identification**: Traders can use the VWAP and its deviation bands to identify potential trend reversals or continuations.
**Volume Confirmation**: The inclusion of OBV RSI provides confirmation of price movements based on volume changes.
**Entry and Exit Signals**: The script generates buy and sell signals based on the specified conditions, allowing traders to enter and exit positions with defined stop-loss and take-profit levels.
**Statistical Analysis**: The visibility of occurrence counts in the table allows traders to perform statistical analysis on the frequency of price movements relative to the VWAP and OBV RSI levels.
Multi VWAP for Wick HunterCredit: honeybadgermakesfunnymoney for this Open Source Script
Published:
This is a tool that will allow you to visualize Wick Hunter's calcation of VWAP. Wick Hunter uses this calcuation for its Liqudations Bots.
There are four settings that you need to be configured to visualize your VWAP Band:
Long VWAP - The distance from current VWAP price, in %, that price must be UNDER when a liquidation event occurs to meet your you VWAP condition. The higher the value, the more price must move below the current VWAP price for it to enter a LONG position.
Short VWAP - The distance from current VWAP price, in %, that price must be ABOVE when a liquidation event occurs to meet your you VWAP condition. The higher the value, the more price must move above the current VWAP price for it to enter a SHORT position.
VWAP Timeframe - Select the timeframe you want the VWAP to be measured on.
VWAP Periods: Input the time period over which you want the VWAP to be measured over. For example, if you use "5" for this and "15" for VWAP Timeframe. The VWAP will be calculated based on the last five 15 minute candles.
You can play around with these settings using the indicator provide above. The indicator will print a triangle when the conditon for VWAP is met for a long for short trade. Play around with these settings. A few good timeframes that are popular are 5 minute, 15 minute, and one hour (60 minute). As far as periods, the most common settings are between 5 periods and 15 periods. In general the lower the timeframe and periods and closer VWAP will follow price.
Pretty BollingersScheme shamelessly stolen from BORC. A pretty depiction of bollinger bands. Short basis plots from 5., 1, 2 (lines) deviations and then 2, 2.5, 3 (colored bands). Long basis plots only the basis, and 2, 2.5 and 3 bands (gray).
TTP-BB-vwap-PivotTTP-BB-Vwap-Pivot is a comprehensive all-in-one technical analysis indicator designed specifically for intraday traders. This powerful tool combines multiple essential indicators in a single, customizable package, eliminating the need to clutter your chart with separate indicators.
🎯 Key Features
📈 Bollinger Bands
Fully Customizable: Adjust length (default: 20) and multiplier (default: 2.0)
Source Selection: Choose from Open, High, Low, Close, HL2, HLC3, OHLC4
Visual Fill: Semi-transparent band fill for better visualization
Toggle Control: Easy on/off switch
💰 VWAP (Volume Weighted Average Price)
Intraday Focus: Perfect for identifying institutional price levels
Source Customization: Default HLC3 with options for other price sources
Clear Visualization: Prominent white line for easy identification
Toggle Control: Show/hide as needed
🎪 Standard Pivot Points
Complete Pivot System: Shows Pivot Point + 3 Resistance (R1-R3) + 3 Support (S1-S3) levels
Timeframe Flexibility: Default daily pivots with customizable timeframe
Colour Coded: Yellow for Pivot Point, Red for Resistance, Green for Support
Value Labels: Exact price values displayed on the right
Toggle Control: Enable/disable entire pivot system
📊 Multiple EMA System (5 EMAs Available)
EMA 1: 9-period (Blue) - Short-term trend
EMA 2: 21-period (Red) - Medium-term trend
EMA 3: 50-period (Orange) - Long-term trend
EMA 4: 100-period (Purple) - Major trend
EMA 5: 200-period (Yellow) - Primary trend
Each EMA Features:
Individual toggle switches
Customizable period lengths
Source selection options
Colour customization
Independent control
🚨 Built-in Alerts
Price crossing above/below EMA1
Price crossing above/below VWAP
Easy alert setup for key signal points
🎛️ User-Friendly Interface
Organized Input Groups: All settings categorized for easy navigation
Individual Controls: Turn any indicator on/off independently
Clean Design: Optimized to avoid chart clutter
Performance Optimized: Efficient code for smooth operation
📈 Perfect For:
Day Traders: Quick intraday signals and levels
Swing Traders: Multiple timeframe analysis
Scalpers: Fast entry/exit points
All Skill Levels: From beginners to professionals
🔧 How to Use:
Add the indicator to your chart
Access settings through the indicator's style/inputs panel
Enable/disable indicators based on your trading strategy
Customize colours, periods, and sources to match your preferences
Set up alerts for key crossover signals
💡 Trading Applications:
Trend Identification: Multiple EMA crossovers
Support/Resistance: Pivot points and Bollinger Bands
Entry/Exit Signals: VWAP and EMA interactions
Risk Management: Clear levels for stop-loss placement
Market Structure: Institutional levels via VWAP and Pivots
⚡ Why Choose TTP-BB-Vwap-Pivot?
All-in-One Solution: No need for multiple separate indicators
Highly Customizable: Adapt to any trading style
Performance Optimized: Smooth operation without lag
Clean Interface: Organized settings and clear visuals
Beginner Friendly: Easy to understand and implement
Professional Grade: Suitable for serious traders
🛠️ Technical Specifications:
Pine Script v6
Overlay indicator
Optimized for all timeframes (especially intraday)
Compatible with all asset classes
No repainting
Real-time calculations
Transform your trading with TTP-BB-Vwap-Pivot - The ultimate technical analysis companion for modern traders!
Like and follow for more powerful trading tools and updates!
ATR Overlay with Trailing Flip [ask2maniish]📘 ATR Overlay with Trailing Flip
🔍 Overview
The ATR Overlay with Trailing Flip is a dynamic, visually-enhanced overlay indicator designed to assist traders in trend detection, trailing stop management, and volatility-based decision making. It leverages the Average True Range (ATR) with optional dynamic multipliers, filters, and alerts to enhance trade execution precision.
⚙️ Features Summary
✅ Static & dynamic ATR multiplier
✅ Customizable trailing stop logic
✅ Volume & Bollinger Band filters
✅ Buy/Sell label signals with alerts
✅ ATR bands with color fill
✅ Optional candle coloring based on trend
✅ Table showing current ATR multiplier
✅ Fully customizable visual controls
🔧 User Inputs
📘 Info Panel
ATR Usage Guide
Tooltip with trading-style recommendations:
Scalping: ATR 5–10, Intraday: ATR 10–14 , Swing: ATR 14–21 , Position: ATR 21–50
📊 Visual Elements
📈 Plots
Upper/Lower ATR Bands
ATR Fill Zone
Dynamic Trailing Stop Line
🕯 Candle Coloring
Candles colored green (uptrend) or red (downtrend)
Wick coloring matches body
🏷 Signal Labels
"BUY" below candle when trend flips up
"SELL" above candle when trend flips down
📊 Table (Top Right)
Displays current multiplier value:
If static: Static: x.x
If dynamic: percentage format based on ATR ratio
🔔 Alerts
Two alert conditions:
Flip to Long → "📈 ATR flip to LONG"
Flip to Short → "📉 ATR flip to SHORT"
Sound can be enabled for real-time feedback.
🧠 Best Practices
Combine this tool with support/resistance or order flow indicators
Use dynamic ATR during volatile periods for better adaptability
Filter signals in ranging markets with BBand Width Filter
For scalping, reduce ATR period and multiplier for tighter risk
🛠️ Customization Tips
Adjust trailingPeriod for tighter/looser stops
Use color inputs to match your charting theme
Disable features (labels/fill) to declutter chart
Advanced Donchian ChannelsJust an indicator I got ChatGPT to cook up for my own use, sharing it in case anyone else finds it useful. I have included a screenshot of my own settings as well for reference.
This indicator enhances the classic Donchian Channel with powerful contextual features to support modern breakout and volatility-based trading strategies.
🔹 Core Features:
Donchian Bands: Plots the highest high and lowest low over a configurable lookback period.
Dynamic Fill Shading:
- Color-coded based on the slope of the midline (Basis): Default settings are Green for uptrend, Red for downtrend, Silver for flat, Gray for narrow volatility.
- All fill colors are fully customizable.
Volatility Filter:
- Detects when the channel width is narrow using either a fixed value or a percentage of price.
- Optionally shades only during low-volatility (compression) periods.
Customizable Style:
- Adjustable opacity, offsets, and color settings to suit your charting style.
🛠 Use Cases:
- Spot potential breakout setups after periods of low volatility.
- Identify trend direction via basis slope shading.
- Combine with momentum or volume tools for high-probability entries.
PUBG//Pluto star appears on a chart when price goes in the in the extreme price range territory, i.e. beyond 2 standard deviation from the mean (or mid Bollinger Band).
//What makes a Pluto Star appear on a chart:
//1. Check if the candle 's' high and low, both are completely outside of the Bollinger Bands (close, 20, 2) - Lets call it Pluto Star Candle
//2. Pluto Star Candle must not be a result of sudden price movement. Hence the previous candle must give a BB Blast.
// In other words, the candle must have it's either open or close outside of Bollinger Bands, to confirm a BB Blast before the Pluto Star
//3. Candle, following the Pluto Star must not break the high (in case of upper BB i.e. short call) or low (in case of lower BB, i.e. long call), to confirm the reversal to the mean
// This implies that Pluto Star appears on chart, above/below the next candle of actual Pluto Star Candle
Crypto/Stable Mcap Ratio NormalizedCreate a normalized ratio of total crypto market cap to stablecoin supply (USDT + USDC + DAI). Idea is to create a reference point for the total market cap's position, relative to total "dollars" in the crypto ecosystem. It's an imperfect metric, but potentially helpful. V0.1.
This script provides four different normalization methods:
Z-Score Normalization:
Shows how many standard deviations the ratio is from its mean
Good for identifying extreme values
Mean-reverting properties
Min-Max Normalization:
Scales values between 0 and 1
Good for relative position within recent range
More sensitive to recent changes
Percent of All-Time Range:
Shows where current ratio is relative to all-time highs/lows
Good for historical context
Less sensitive to recent changes
Bollinger Band Position:
Similar to z-score but with adjustable sensitivity
Good for trading signals
Can be tuned via standard deviation multiplier
Features:
Adjustable lookback period
Reference bands for overbought/oversold levels
Built-in alerts for extreme values
Color-coded plots for easy visualization
Plot_4_Key_LevelsBollinger Bands (upper & lower)
- computes 12-bar Bollinger Bands on the chart’s current timeframe, with a 3σ (standard-deviation) multiplier.
- computes vwap
- computes VWMA(HL2, 36)—a smoothed, volume-weighted average price—plotted as a line.
BTC Fair Value via Global Liquidity📈 BTC Fair Value via Global Liquidity
This indicator estimates Bitcoin's fair value based on a regression model using Global Liquidity (GLI) data from major central banks.
🔍 How it works:
Fair Value Line (orange): Calculated using a power-law model: Fair Value = e^b * (GLI)^a, where a and b are user-defined parameters based on historical regression.
Global Liquidity (GLI): Combines liquidity metrics from central banks (Fed, ECB, PBoC, BoJ, etc.), including adjustments for the RRP and TGA.
Deviation Bands (green/red dashed): Optional upper and lower bands showing % deviation from fair value (default ±25%). These help identify overbought/oversold conditions.
Delta Plot (gray dots): Displays the % deviation of BTC’s price from its modeled fair value.
⚙️ How to use:
Tune a and b for better model fitting (e.g., via log-log regression).
Use the deviation bands to identify potential entry/exit zones or periods of market inefficiency.
Ideal for macro-level BTC valuation and long-term strategic analysis.
Bollinger + EMA Strategy with StatsThis strategy is a mean-reversion trading model that combines Bollinger Band deviation entries with EMA-based exits. It enters a long position when the price drops significantly below the lower Bollinger Band by a user-defined multiple of standard deviation (x), and a short position when the price exceeds the upper band by the same logic. To manage risk, it uses a wider Bollinger Band threshold (y standard deviations) as a stop loss, while take profit occurs when the price reverts to the n-period EMA, indicating mean reversion. The strategy maintains only one active position at a time—either long or short—and allocates a fixed percentage of capital per trade. Performance metrics such as equity curve, drawdown, win rate, and total trades are tracked and displayed for backtesting evaluation.
RVWAP ENHANCED**Rolling VWAP with Alerts and Markers**
This Pine Script indicator enhances the traditional Rolling VWAP (Relative Volume Weighted Average Price) by adding dynamic features for improved visualization and alerting.
### Features:
1. **Dynamic VWAP Line Coloring**:
- The VWAP line changes color based on the relationship with the closing price:
- **Green** when the price is above the VWAP.
- **Red** when the price is below the VWAP.
2. **Candle and Background Coloring**:
- **Candles**: Colored green if the close is above the VWAP and red if below.
- **Background**: Subtle green or red shading indicates the price’s position relative to the VWAP.
3. **Alerts**:
- Alerts notify users when the VWAP changes direction:
- "VWAP Turned Green" for price crossing above the VWAP.
- "VWAP Turned Red" for price crossing below the VWAP.
4. **Small Dot Markers**:
- Tiny dots are plotted below the candles to mark VWAP state changes:
- **Green dot** for VWAP turning green.
- **Red dot** for VWAP turning red.
5. **Custom Time Period**:
- Users can select either a dynamic time period based on the chart's timeframe or a fixed time period (customizable in days, hours, and minutes).
6. **Standard Deviation Bands (Optional)**:
- Standard deviation bands around the VWAP can be enabled for further analysis.
This script is designed to provide clear and actionable insights into market trends using the RVWAP, making it an excellent tool for traders who rely on volume-based price action analysis.
