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EMA ยฑ ATR Channel (True Range)EMA ยฑ ATR Channel (True Range) Tagline: Adaptive EMA channel with ATR-based volatility bands โ€” perfect for swing trading, intraday setups, and managing risk on high-volatility stocks. This script plots a dynamic price channel around a configurable EMA using the Average True Range (ATR, Wilderโ€™s True Range) as a volatility buffer. Upper band = EMA + (ATR ร— multiplier) Lower band = EMA โ€“ (ATR ร— multiplier) ๐Ÿ“Š Features: Adjustable EMA length, ATR length, and ATR multiplier Visual channel fill between upper and lower bands Optional on-chart help panel with practical combos โšก Practical Combos for Volatile Stocks: EMA 20 + ATR 14 ร— 2.0 โ†’ most common swing trading setup EMA 10 + ATR 14 ร— 1.5 โ†’ very responsive, good for intraday/high-beta names EMA 20 + ATR 20 ร— 2.5 โ†’ smoother, wider channel, avoids whipsaws in chaotic stocks โœ… Use cases: Identify dynamic support/resistance zones Volatility-based stop-loss & take-profit placement Spot overextensions from the trend midline ๐Ÿ”– Tags: ema, atr, channel, volatility, trend, support resistance, stop loss, swing trading, intraday, risk management, indicator
Pine Scriptยฎ indicator
by sergejos
CHiLo โ€” Custom HiLo (SMA/EMA, Activator, Shading, Auto-Decimals)CHiLo is a clean Hi/Lo trend read with SMA/EMA options, a HiLo vs. HiLo Activator mode, optional band shading , and a right-side HiLo marker with automatic decimals based on the symbol. Optional Buy/Sell labels mark state flips. Inspired by the broader trend-following literature and practitioners; in Brazil, educator Hulisses โ€œTio Huliโ€ Dias is a notable voice popularizing trend following. What it does CHiLo plots a Hi/Lo state with two modes: HiLo (classic high/low bands) HiLo Activator (activator-style behavior) It includes: SMA/EMA selection Optional shading between Hi/Lo bands Optional Buy/Sell labels on state flips HiLo marker (auto-decimals from the symbolโ€™s tick size) Goal: deliver a fast, visual trend context that you can pair with your own risk rules and confirmations. How to use Add the indicator and choose Mode (HiLo / Activator) and MA type (SMA/EMA). Tune Period (and Offset if needed). Higher = smoother (fewer flips); lower = more responsive. Toggle Shading to emphasize the envelope. Toggle Buy/Sell labels if you want flip markers. Use the HiLo marker on the right to read the current level (auto-formatted). Inputs (quick reference) Period / Offset โ€” sensitivity vs. delay. Type โ€” HiLo or HiLo Activator. MA Type โ€” SMA (steadier) or EMA (snappier). HiLo Style โ€” Points or Line. Shading & Transparency โ€” highlight the band area. Buy/Sell Labels โ€” on/off. HiLo Marker โ€” size and horizontal offset (decimals automatic). Notes & credits Educational use only; not financial advice. For best results, combine with position sizing, stops, and regime filters.
Pine Scriptยฎ indicator
by Parize
1
Multi-Exchange VWAP Aggregator (Crypto)Description: This advanced VWAP indicator aggregates volume data from up to 9 cryptocurrency exchanges simultaneously, providing a more accurate volume-weighted average price than single-exchange VWAP calculations. Key Features: Multi-Exchange Aggregation - Combines volume from Binance, Coinbase, Bybit, Bitfinex, Bitstamp, Deribit, OKEx, Phemex, and FTX Flexible Currency Pairs - Supports both spot (USD, USDT, EUR, USDC, BUSD, DAI) and perpetual futures contracts Standard Deviation Bands - Includes customizable 1ฯƒ, 2ฯƒ, and 3ฯƒ bands for identifying overbought/oversold levels Multiple Reset Periods - Daily, Weekly, Monthly, or Session-based VWAP calculations Volume Calculation Options - Choose between SUM, AVG, MEDIAN, or VARIANCE for volume aggregation Why Use This? Traditional VWAP indicators only use volume from a single exchange, which can be misleading in fragmented crypto markets. This indicator provides a comprehensive market-wide VWAP by aggregating volume across major exchanges, giving you a more reliable benchmark for entries, exits, and institutional price levels. Perfect for traders who want to see where the real volume-weighted price sits across the entire crypto market, not just one exchange.
Pine Scriptยฎ indicator
by plyst
5
EMA Envelope + SMA + Purple DotThis indicator combines three tools into one: ๐Ÿ“ˆ EMA Envelope with wedge and range contraction signals to highlight volatility squeezes. ๐Ÿ”ต SMA with optional smoothing (SMA/EMA/WMA/SMMA/VWMA) and optional Bollinger Bands. ๐ŸŸฃ Purple Dot โ€œPowerBarsโ€ that mark strong momentum bars when price ROC (%) and volume exceed user-defined thresholds. It also includes: Background highlighting of contraction zones (bullish/bearish/neutral colors). A summary table showing PowerBar count and return (%) over custom lookback periods. Flexible display settings (table position, dark/light theme, highlight toggle). Designed for traders who want to track momentum bursts, volatility contraction, and trend strength all in one tool.
Pine Scriptยฎ indicator
by zsunil26
Commodity Channel Index DualThe CCI Dual is a custom TradingView indicator built in Pine Script v5, designed to help traders identify potential buy and sell signals using two Commodity Channel Index (CCI) oscillators. It combines a shorter-period CCI (default: 14) for quick momentum detection with a longer-period CCI (default: 50) for confirmation, focusing on mean-reversion opportunities in overbought or oversold conditions. This setup is particularly suited for volatile markets like cryptocurrencies on higher timeframes (e.g., 3-day charts), where it highlights reversals by requiring both CCIs to cross out of extreme zones within a short window (default: 3 bars). The indicator plots the CCIs, customizable bands (inner: 100, OB/OS: 175, outer: 200), dynamic fills for visual emphasis, background highlights for signals, and alert conditions for notifications. How It Works The indicator calculates two CCIs based on user-defined lengths and source (default: close price): CCI Calculation: CCI measures price deviation from its average, using the formula: CCI = (Typical Price - Simple Moving Average) / (0.015 * Mean Deviation). The short CCI reacts faster to price changes, while the long CCI provides smoother, trend-aware confirmation. Overbought/Oversold Levels: Customizable thresholds define extremes (Overbought at +175, Oversold at -175 by default). Bands are plotted at inner (ยฑ100), mid (ยฑ175 dashed), and outer (ยฑ200) levels, with gray fills for the outer zones. Dynamic Fills: The longer CCI is used to shade areas beyond OB/OS levels in red (overbought) or green (oversold) for quick visual cues. Signals: Buy Signal: Triggers when both CCIs cross above the Oversold level (-175) within the signal window (3 bars). This suggests a potential upward reversal from an oversold state. Sell Signal: Triggers when both cross below the Overbought level (+175) within the window, indicating a possible downward reversal. Visuals and Alerts: Buy signals highlight the background green, sells red. Separate alertconditions allow setting TradingView alerts for buys or sells independently. Customization: Adjust lengths, levels, and window via inputs to fit your timeframe or assetโ€”e.g., higher OB/OS for crypto volatility. This logic reduces noise by requiring dual confirmation, but like all oscillators, it can produce false signals in strong trends where prices stay extended. To mitigate false signals (e.g., in trending markets), layer the CCI Dual with MACD (default: 12,26,9) and RSI (default: 14) for multi-indicator confirmation: With MACD: Only take CCI buys if the MACD line is above the signal line (or histogram positive), confirming bullish momentum. For sells, require MACD bearish crossover. This filters counter-trend signals by aligning with trend strengthโ€”e.g., ignore CCI sells if MACD shows upward momentum. With RSI: Confirm CCI oversold buys only if RSI is below 30 and rising (or shows bullish divergence). For overbought sells, RSI above 70 and falling. This adds overextension validation, reducing whipsaws in crypto trends. I made this customizable for you to find what works best for your asset you are trading. I trade the 6 hour and 3 day timeframe mainly on major cryptocurrency pairs. I hope you enjoy this script and it serves you well.
Pine Scriptยฎ indicator
by MonkeyPhone
ATR-limited Donchian ChannelThe ATR-limited Donchian Channel is a modified version of the classic Donchian Channel that adapts more quickly to changing market conditions. While a traditional Donchian Channel is based only on the highest high and lowest low over a given lookback period, this version introduces an ATR-based constraint that prevents the channel lines from extending too far away from price. This makes the channel more responsive and reduces lag compared to the standard Donchian Channel. How it works The upper band is based on the highest high of the last N candles, but it cannot exceed a maximum distance of ATR ร— Factor above the current median price (midpoint of high and low). The lower band is based on the lowest low of the last N candles, but it cannot drop more than ATR ร— Factor below the median price. If the Donchian Channel would normally extend further than this ATR-limited boundary, the line is capped and marked in blue . Otherwise, the upper band is drawn in red and the lower band in green . A middle line is also plotted as the average of the modified upper and lower bands. An optional offset allows you to shift the channel backward or forward in time for easier visual alignment. Why use this version? Faster reaction: By constraining the channel with ATR, the indicator adapts quicker to volatility changes and avoids long periods of overextended levels. Noise control: ATR filtering prevents extreme spikes or outlier highs/lows from stretching the channel unnecessarily. Visual clarity: Color-coding highlights when ATR filtering is active, making it easy to distinguish capped vs. natural Donchian levels. Typical use cases Trend-following breakout systems, but with volatility-aware limits. Identifying dynamic support and resistance zones that adjust to market conditions. Filtering false breakouts by monitoring when the Donchian channel is capped by ATR. โœ… This indicator is designed for traders who want the structure of a Donchian Channel but with an adaptive, volatility-sensitive adjustment that makes it react faster and more reliably than the classic version.
Pine Scriptยฎ indicator
by muth96
Turtle Trading System IndicatorKey Features & Components Donchian Channels The core of the indicator is the Donchian Channel, represented by the upper and lower blue bands. Upper Channel: The highest price over a user-defined period. Lower Channel: The lowest price over the same period. Middle Line: The midpoint between the upper and lower channels. These channels are used to identify potential breakouts, which form the basis for trade entries. Trading Signals The script automatically generates clear, non-repainting signals for potential trades: Long Entry (Green โ–ฒ): A green upward-facing triangle appears below the candle when the closing price breaks above the upper Donchian channel, signaling the start of a potential uptrend. Short Entry (Red โ–ผ): A red downward-facing triangle appears above the candle when the closing price breaks below the lower Donchian channel, signaling the start of a potential downtrend. Long Exit (Green X): A green cross appears above the candle when the price crosses below the middle line, suggesting the uptrend is weakening. Short Exit (Orange X): An orange cross appears below the candle when the price crosses above the middle line, suggesting the downtrend is losing momentum. Integrated Risk Management A crucial element of the Turtle strategy is disciplined risk management, which is built into this indicator. Volatility-Based Position Sizing You can enable position sizing that adapts to market volatility using the Average True Range (ATR). When an entry signal occurs, a label appears showing a calculated position size unit. The formula aims to normalize risk, meaning you would trade smaller sizes in volatile markets and larger sizes in calmer markets. The formula used is: Volatilityย Unit= 100 Riskย % โ€‹ ร— 4ร—ATR Closeย Price โ€‹ Dynamic Stop Loss Upon a long or short entry, a stop-loss level is plotted on the chart as red circles. This level is calculated based on the ATR, automatically adjusting to the market's current volatility to provide a data-driven exit point for managing losses. It is calculated as: Long Stop: Close Price - 1.8 * ATR Short Stop: Close Price + 1.8 * ATR On-Chart Information Panel A convenient table is displayed in the bottom-right corner of the chart, showing the current ATR value and the calculated Position Size unit for quick and easy reference. Customizable Settings You can tailor the indicator to your specific strategy and risk tolerance: Donchian Channel Period: Sets the lookback period for the channels. The default is 20. Shorter periods will be more sensitive and generate more signals. ATR Period: Sets the lookback period for the Average True Range calculation, affecting both position size and stop-loss levels. The default is 14. Risk Percentage: The percentage of equity you wish to risk per trade. This directly influences the position size calculation. Use Volatility Position Sizing: A simple checkbox to turn the ATR-based position sizing on or off.
Pine Scriptยฎ indicator
by edg777
BBMA OA - AI GPT-5This indicator is an AI-assisted implementation of the BBMA OA (Bollinger Bands + Moving Average) trading strategy, originally introduced by Malaysian trader Oma Ally. The code was generated and optimized using the GPT-5 AI model to ensure clean Pine Script v6 structure and compatibility. The system combines Bollinger Bands (20, 2) with EMA50, EMA200, and MA5/10 High-Low to identify the four main BBMA OA patterns: Extreme Market Hilang Volume (MHV) Candle Arah Kukuh (CSAK) Re-entry (RRE, REE, REM) Features: Multi Time Frame confirmation for higher accuracy Automatic signal detection with visual markers Trend ribbon and candle coloring Optimized Pine Script v6, free from errors/warnings โš  This is an adaptation of Oma Allyโ€™s concept for educational purposes, not an official version. Past performance does not guarantee future results.
Pine Scriptยฎ indicator
by aribanang
2
X EMA EQThe X EMA EQ is a versatile technical analysis tool designed to overlay price action with customizable Exponential Moving Averages (EMAs) and real-time equilibrium levels. Ideal for intraday traders, it blends trend-following and mean-reversion concepts to highlight both directional bias and potential value zones. ๐Ÿ”น Key Features: 1. Dual EMA Visualization Plot up to two user-defined EMAs (default: 20 and 50 periods). Independently toggle and style each EMA to suit your strategy. Helps track short- and mid-term trend dynamics with clarity. 2. Running Equilibrium Bands Displays a real-time dynamic price range based on the highest high and lowest low over a user-defined rolling window (default: 15 minutes). Includes upper/lower quartile lines and a central midpoint, giving structure to intraday price movement. Useful for identifying compression, breakouts, and fair value zones. 3. Linear Regression Overlay (Optional) Apply a smoothed linear regression curve across the same time window. Highlights directional momentum and price mean trajectory. Valuable for assessing slope bias and trend strength over the equilibrium period. 4. Intraday Timeframe Optimization Designed specifically for intraday charts with minute-based resolutions (30 seconds to 60 minutes). Auto-adjusts logic based on the current chartโ€™s timeframe. 5. Clean Visual Design Minimalist and translucent color schemes ensure readability without clutter. All components are independently toggleable for full customization. โš™๏ธ Settings Overview: EMA Settings: Enable/disable each EMA, set lengths and colors. Time & Price Settings: Define the running equilibrium period (in minutes), control visibility of bands and regression line, and adjust styling. X EMA EQ offers a compact yet powerful visual framework for traders seeking to align with short-term trend structure while keeping an eye on evolving price balance zones.
Pine Scriptยฎ indicator
by KinetiCapital
BTC 1m Chop Top/Bottom Reversal (Stable Entries)Strategy Description: BTC 5m Chop Top/Bottom Reversal (Stable Entries) This strategy is engineered to capture precise reversal points during Bitcoinโ€™s choppy or sideways price action on the 5-minute timeframe. It identifies short-term tops and bottoms using a confluence of volatility bands, momentum indicators, and price structure, optimized for high-probability scalping and intraday reversals. Core Logic: Volatility Filter: Uses an EMA with ATR bands to define overextended price zones. Momentum Divergence: Confirms reversals using RSI and MACD histogram shifts. Price Action Filter: Requires candle confirmation in the direction of the trade. Locked Signal Logic: Prevents repaints and disappearing trades by confirming signals only once per bar. Trade Parameters: Short Entry: Above upper band + overbought RSI + weakening MACD + bearish candle Long Entry: Below lower band + oversold RSI + strengthening MACD + bullish candle Take Profit: ยฑ0.75% Stop Loss: ยฑ0.4% This setup is tuned for traders using tight risk control and leverage, where execution precision and minimal drawdown tolerance are critical.
Pine Scriptยฎ strategy
by Schedule1Cannabis
1
Easy Move & Squeeze Alerts1. Overview The Easy Move & Squeeze Alerts indicator combines two proven techniques to help you anticipate major price swings and spot volatility compressions (long/short squeezes) early on. It offers: Automated Alerts via TradingViewโ€™s alert engine On-chart Visual Cues for immediate context Flexible Inputs to fine-tune sensitivity, lookback length, and display options 2. TTM Squeeze (Volatility Compression) Core Concept: Compares Bollinger Bands (standard deviation channels) with Keltner Channels (ATR-based channels). Squeeze On: BBs lie completely inside Keltner Channels โ†’ volatility is compressed, signaling a potential buildup. Squeeze Off: BBs break outside Keltner Channels โ†’ typically the start of a strong directional move. Alert: When the squeeze releases, the indicator fires an alert: ๐Ÿ’ฅ Squeeze Release โ€“ Volatility incoming! Chart Label: A small, purple โ€œ๐Ÿ”’ Squeezeโ€ label appears above the high of each bar while compression persists, giving you a real-time visual flag. 3. ATR Breakouts (Detecting Large Moves) Core Concept: Builds a dynamic price channel around an EMA using ATR (Average True Range) multiplied by your chosen factor. Cross Events: Price crosses above the upper ATR band โ†’ potential bullish breakout. Price crosses below the lower ATR band โ†’ potential bearish breakdown. Alert Conditions: Separate alert triggers for โ€œ๐Ÿš€ Move Upโ€ and โ€œ๐Ÿ“‰ Move Downโ€ fire the moment the close breaches the ATR-based bounds. 4. Visualization & Usage Channel Plots: Bollinger Bands in blue Keltner Channels in orange ATR Channels in aqua (optional) Toggle all channel plots on or off with the showZones input. Background Highlight: During a squeeze, the chart background lightly tints purple for quick visual confirmation. Alerts Setup: Simply click Create Alert in TradingView, select this indicator, and choose the event(s) you want (squeeze release, ATR breakouts). You can route notifications via email, webhook, SMS, or platform pop-ups. 5. Deployment & Customization Timeframes: Effective across all timeframes; most popular for day- and swing-trading. Parameter Tuning: Increase the len value to smooth channels and focus on only the most significant compressions/moves. Adjust the ATR or BB multipliers to make alerts more or less sensitive. With this indicator, you gain a clear, actionable framework for spotting both volatility squeezes and breakouts before they unfoldโ€”empowering you to enter trades ahead of the crowd. Enjoy customizing and putting it to work!
Pine Scriptยฎ indicator
by N3SU
Euclidean Range [InvestorUnknown]The Euclidean Range indicator visualizes price deviation from a moving average using a geometric concept Euclidean distance. It helps traders identify trend strength, volatility shifts, and potential overextensions in price behavior. Euclidean Distance Euclidean distance is a fundamental concept in geometry and machine learning. It measures the "straight-line distance" between two points in space. In time series analysis, it can be used to measure how far one sequence deviates from another over a fixed window. euclidean_distance(src, ref, len) => var float sum_sq_diff = na sum_sq_diff := 0.0 for i = 0 to len - 1 diff = src - ref sum_sq_diff += diff * diff math.sqrt(sum_sq_diff) In this script, we calculate the Euclidean distance between the price (source) and a smoothed average (reference) over a user-defined window. This gives us a single scalar that reflects the overall divergence between price and trend. How It Works Moving Average Calculation: You can choose between SMA, EMA, or HMA as your reference line. This becomes the "baseline" against which the actual price is compared. Distance Band Construction: The Euclidean distance between the price and the reference is calculated over the Window Length. This value is then added to and subtracted from the average to form dynamic upper and lower bands, visually framing the range of deviation. Distance Ratios and Z-Scores: Two distance ratios are computed: dist_r = distance / price (sensitivity to volatility); dist_v = price / distance (sensitivity to compression or low-volatility states) Both ratios are normalized using a Z-score to standardize their behavior and allow for easier interpretation across different assets and timeframes. Z-Score Plots: Z_r (white line) highlights instances of high volatility or strong price deviation; Z_v (red line) highlights low volatility or compressed price ranges. Background Highlighting (Optional): When Z_v is dominant and increasing, the background is colored using a gradient. This signals a possible build-up in low volatility, which may precede a breakout. Use Cases Detect volatile expansions and calm compression zones. Identify mean reversion setups when price returns to the average. Anticipate breakout conditions by observing rising Z_v values. Use dynamic distance bands as adaptive support/resistance zones. Notes The indicator is best used with liquid assets and medium-to-long windows. Background coloring helps visually filter for squeeze setups. Disclaimer This indicator is provided for speculative analysis and educational purposes only. It is not financial advice. Always backtest and evaluate in a simulated environment before live trading.
Pine Scriptยฎ indicator
by InvestorUnknown
1
TrendMaster Pro 2.3 with Alerts Hello friends, A member of the community approached me and asked me how to write an indicator that would achieve a particular set of goals involving comprehensive trend analysis, risk management, and session-based trading controls. Here is one example method of how to create such a system: Core Strategy Components Multi-Moving Average System - Uses configurable MA types (EMA, SMA, SMMA) with short-term (9) and long-term (21) periods for primary signal generation through crossovers Higher Timeframe Trend Filter - Optional trend confirmation using a separate MA (default 50-period) to ensure trades align with broader market direction Band Power Indicator - Dynamic high/low bands calculated using different MA types to identify price channels and volatility zones Advanced Signal Filtering Bollinger Bands Volatility Filter - Prevents trading during low-volatility ranging markets by requiring sufficient band width RSI Momentum Filter - Uses customizable thresholds (55 for longs, 45 for shorts) to confirm momentum direction MACD Trend Confirmation - Ensures MACD line position relative to signal line aligns with trade direction Stochastic Oscillator - Adds momentum confirmation with overbought/oversold levels ADX Strength Filter - Only allows trades when trend strength exceeds 25 threshold Session-Based Trading Management Four Trading Sessions - Asia (18:00-00:00), London (00:00-08:00), NY AM (08:00-13:00), NY PM (13:00-18:00) Individual Session Limits - Separate maximum trade counts for each session (default 5 per session) Automatic Session Closure - All positions close at specified market close time Risk Management Features Multiple Stop Loss Options - Percentage-based, MA cross, or band-based SL methods Risk/Reward Ratio - Configurable TP levels based on SL distance (default 1:2) Auto-Risk Calculation - Dynamic position sizing based on dollar risk limits ($150-$250 range) Daily Limits - Stop trading after reaching specified TP or SL counts per day Support & Resistance System Multiple Pivot Types - Traditional, Fibonacci, Woodie, Classic, DM, and Camarilla calculations Flexible Timeframes - Auto-adjusting or manual timeframe selection for S/R levels Historical Levels - Configurable number of past S/R levels to display Visual Customization - Individual color and display settings for each S/R level Additional Features Alert System - Customizable buy/sell alert messages with once-per-bar frequency Visual Trade Management - Color-coded entry, SL, and TP levels with fill areas Session Highlighting - Optional background colors for different trading sessions Comprehensive Filtering - All signals must pass through multiple confirmation layers before execution This approach demonstrates how to build a professional-grade trading system that combines multiple technical analysis methods with robust risk management and session-based controls, suitable for algorithmic trading across different market sessions. Good luck and stay safe!
Pine Scriptยฎ strategy
by everget
27
Commodity Trend Reactor [BigBeluga] ๐Ÿ”ต OVERVIEW A dynamic trend-following oscillator built around the classic CCI, enhanced with intelligent price tracking and reversal signals. Commodity Trend Reactor extends the traditional Commodity Channel Index (CCI) by integrating trend-trailing logic and reactive reversal markers. It visualizes trend direction using a trailing stop system and highlights potential exhaustion zones when CCI exceeds extreme thresholds. This dual-level system makes it ideal for both trend confirmation and mean-reversion alerts. ๐Ÿ”ต CONCEPTS Based on the CCI (Commodity Channel Index) oscillator, which measures deviation from the average price. Trend bias is determined by whether CCI is above or below user-defined thresholds. Trailing price bands are used to lock in trend direction visually on the main chart. Extreme values beyond ยฑ200 are treated as potential reversal zones. ๐Ÿ”ต FEATURES\ CCI-Based Trend Shifts: Triggers a bullish bias when CCI crosses above the upper threshold, and bearish when it crosses below the lower threshold. Adaptive Trailing Stops: In bullish mode, a trailing stop tracks the lowest price; in bearish mode, it tracks the highest. Top & Bottom Markers: When CCI surpasses +200 or drops below -200, it plots colored squares both on the oscillator and on price, marking potential reversal zones. Background Highlights: Each time a trend shift occurs, the background is softly colored (lime for bullish, orange for bearish) to highlight the change. ๐Ÿ”ต HOW TO USE Use the oscillator to monitor when CCI crosses above or below threshold values to detect trend activation. Enter trades in the direction of the trailing band once the trend bias is confirmed. Watch for +200 and -200 square markers as warnings of potential mean reversals. Use trailing stop areas as dynamic support/resistance to manage stop loss and exit strategies. The background color changes offer clean confirmation of trend transitions on chart. ๐Ÿ”ต CONCLUSION Commodity Trend Reactor transforms the simple CCI into a complete trend-reactive framework. With real-time trailing logic and clear reversal alerts, it serves both momentum traders and contrarian scalpers alike. Whether youโ€™re trading breakouts or anticipating mean reversions, this indicator provides clarity and structure to your decision-making.
Pine Scriptยฎ indicator
by BigBeluga
33
SD Median NUPL-Z๐Ÿง  Overview SD Median NUPL-Z is a trend-following indicator that leverages a normalized version of Bitcoinโ€™s Net Unrealized Profit/Loss (NUPL) metric, filtered through a median-based volatility band. Unlike traditional NUPL which is often used to spot extremes, this indicator is designed to identify sustained directional trends โ€” entering only when both on-chain momentum and price structure align. ๐Ÿงฉ Key Features Z-Scored NUPL Trend Engine: Normalizes NUPL using rolling mean and standard deviation to create a smoothed trend signal. Price Structure Filter: Implements a median-based price band to avoid false entries during short-term volatility. Custom Thresholds: User-defined thresholds determine when the trend signal is strong enough to justify a long or short directional bias. Directional Candle Coloring: Reinforces current trend regime visually with aqua (bullish) and red (bearish) plots and candles. Optimized for BTC: Uses Bitcoinโ€™s Market Cap and Realized Cap to construct the NUPL input. ๐Ÿ” How It Works On-Chain Core: NUPL is calculated as the percentage of unrealized profit in the market: (Market Cap - Realized Cap) / Market Cap * 100. Z-Score Transformation: The raw NUPL value is normalized using a rolling average and standard deviation over a set window (default 134 days), producing the NUPL-Z series. Median-Based Price Filter: A rolling 50th percentile (median) of price is used alongside its own standard deviation to create upper and lower bounds. These bounds define a "volatility corridor" around price; the trend signal is only acted upon if price confirms by staying outside these bands. Signal Logic: A Long signal is triggered when NUPL-Z rises above the long threshold and price is not below the lower band. A Short signal is triggered when NUPL-Z falls below the short threshold. State Variable (CD): Tracks the current market regime, used to control plotting and color changes. ๐Ÿ” Use Cases & Applications Momentum-Based Trend Following: Helps traders align with directional moves backed by both on-chain sentiment and supportive price structure. Filtered Entry Timing: Reduces premature or noise-based entries by requiring price confirmation before committing to NUPL-based signals. Best Suited for BTC: This tool is designed specifically around Bitcoinโ€™s on-chain metrics and is not intended for altcoins or low-volume assets. โœ… Conclusion SD Median NUPL-Z repurposes a traditionally cyclical valuation tool into a modern trend-following signal by combining statistical normalization with dynamic price structure filtering. It offers a more robust way to participate in high-conviction directional trends, reducing the likelihood of entering during short-lived counter moves. โš ๏ธ Disclaimer The content provided by this indicator is for educational and informational purposes only. Nothing herein constitutes financial or investment advice. Trading and investing involve risk, including the potential loss of capital. Always backtest and apply risk management suited to your strategy.
Pine Scriptยฎ indicator
by CipherDecoded
Multi-EnvelopeRMA Multi-Envelope Indicator The RMA Multi-Envelope Indicator is a technical analysis tool designed for TradingView, utilizing Pine Script v6. It creates eight customizable envelope bands around a 200-period Running Moving Average (RMA) on a 5-minute timeframe, based on current market measurements. Each band has independent upper and lower percentage deviations, preset to: Band 1 (0.42%, 0.46%), Band 2 (0.78%, 0.69%), Band 3 (1.01%, 1.03%), Band 4 (1.36%, 1.39%), Band 5 (1.80%, 1.62%), Band 6 (2.15%, 2.13%), Band 7 (2.93%, 2.81%), and Band 8 (4.65%, 4.18%). Users can adjust the timeframe, moving average type (RMA, SMA, or EMA), length, and colors for the basis line and bands via hex codes (e.g., #FF6D00 for the basis and Band 8) with semi-transparent color.rgb fills. Ideal for identifying support/resistance, overbought/oversold conditions, or trend boundaries on a 5-minute chart.
Pine Scriptยฎ indicator
by Servantthought
RDBRB Strategy with Filters + Cooldowns + LabelsRDBRB Strategy with Filters + Cooldowns This script implements the RDBRB (Rally-Drop-Base-Retest-Breakout) strategy, a classic price action setup designed to identify structured trade opportunities using volume, volatility bands, and trend alignment. Itโ€™s ideal for traders looking for clean, rule-based entries across any timeframe. ๐Ÿง  Core Components Rally & Drop Detection Identifies short-term momentum shifts using moving average crossovers: โœ… Ra = Rally (bullish crossover) ๐Ÿ”ป Dr = Drop (bearish crossunder) Base Formation A statistical base is defined using a moving average with a standard deviation envelope (Upper/Lower BB). This forms the foundation for breakout or retest setups. Retest Zone (RT) When price returns to the lower band (but stays below the base), it suggests a potential re-accumulation or reaction zone before a breakout. Breakout Confirmation (BO) A breakout is validated when: Price crosses above the upper band Volume exceeds the 20-bar average by a threshold multiplier RSI is above a bullish momentum level Price is trending above the longer-term EMA โฑ๏ธ Smart Cooldown Logic Each signal (Rally, Drop, Retest, Breakout) has an independent cooldown timer to prevent multiple triggers within a short range, filtering out noise and duplicate signals: Customizable cooldown periods via input settings Ensures signals are meaningful and not clustered ๐Ÿ’ก Visual Markers All signals are shown as small, color-coded labels: Ra : Green label below bar Dr : Red label above bar RT : Yellow label below bar BO : Green breakout label below bar Bands and base are plotted for structure reference. ๐Ÿ› ๏ธ Customizable Settings Cooldown periods for each signal type MA lengths, volume and RSI thresholds Trend filter and base calculation inputs This script is ideal for price action traders who want a clean, structured method to trade consolidations and trend continuations while avoiding over-signaling. Use it on any timeframe and combine with higher-timeframe confirmation for best results.
Pine Scriptยฎ indicator
by Boron555
Relative Performance Spread**Relative Performance Spread Indicator โ€“ Overview** This indicator compares the **relative performance between two stocks** by normalizing their prices and calculating the **spread**, **area under the curve (AUC)**, or **normalized price ratio**. ### **How It Works** * **Input**: Select a second stock (`ticker2`) and a moving average window. * **Normalization**: Each stock is normalized by its own moving average โ†’ `norm = close / MA`. * **Spread**: The difference `spread = norm1 - norm2` reflects which stock is outperforming. * **AUC**: Cumulative spread over time shows prolonged dominance or underperformance. * **Bounds**: Bollinger-style bands are drawn around the spread to assess deviation extremes. ### **Usage** * **Plot Type Options**: * `"Spread"`: Spot outperformance; crossing bands may signal rotation. * `"AUC"`: Track long-term relative trend dominance. * `"Normalized"`: Directly compare scaled price movements. Use this tool for **pair trading**, **relative momentum**, or **rotation strategies**. It adapts well across assets with different price scales.
Pine Scriptยฎ indicator
by gunnjac
The Ultimate Buy and Sell Indicator: Unholy Grail Edition"You see, Watson, the market is not randomโ€”it simply whispers in a code too complex for the average trader. Lucky for you, I am not average." They searched for the Holy Grail of trading for decadesโ€”promises, false prophets, and overpriced PDFs. But they were all looking in the wrong place. This isnโ€™t a relic buried in the desert. This is the Unholy Grail โ€” a machine-forged fusion of logic, engineering, and tactical overkill . Built by Sherlock Macgyver , this is not a mystical object. Itโ€™s a surveillance system for trend detection, signal validation, and precision entries . โš ๏ธ Important: This script draws its own candles. To see it properly, disable regular candles by turning off "Body", "Wick" and "Border" colors. ๐Ÿ”ง What Youโ€™re Looking At This overlay plots confirmed Buy/Sell signals , momentum-based โ€œwatchโ€ zones , adaptive candle coloring , SuperTrend bias detection , dual Bollinger Bands , and a moving average ribbon . Itโ€™s not โ€œminimalistโ€ โ€”itโ€™s comprehensive . ๐Ÿ“ Configuring the Tool: Follow the Breadcrumbs Every setting includes a tooltip โ€” read them . They're not filler. They explain exactly how each feature functions so you can dial this thing in like you're tuning a surveillance rig in a Cold War bunker . If you skip them, you're walking blind in a minefield . ๐Ÿ•ฐ๏ธ Timeframes: The Signal Sweet Spot Each asset has a tempo . You need to find the one where signals align with clarity โ€”not chaos . Start with 4H or 1H โ€”work up or down from there. Too many fakeouts? โ†’ Higher timeframe Too slow? โ†’ Drop to 15m or 5m โ€”but expect more noise and adjust settings accordingly. The signals scale with time, but you must find the rhythm that best fits your assetโ€”and your trading lifestyle . โ™ป๏ธ RSI Cycle = Signal Sensitivity This is the heart of the system . It controls how reactive the RSI engine is. Adjust based on noise level and how often you can actually monitor your charts. Short cycle (14โ€“24): More signals, more speed, more noise Longer cycle (36โ€“64): Smoother entries, better for swing traders Tip: If your signals feel too jittery, increase the cycle. If they lag too much, reduce it. ๐Ÿ“‰ SuperTrend: Your Trend Bias Compass This isnโ€™t your average SuperTrend. It adapts with RSI overlay logic and detects market โ€œsilenceโ€ via EMA compressionโ€” turning white right before the chaos . That said, you still control its aggression. ATR Length = how many bars to average ATR Factor = how tight or loose it hugs price Lower = more sensitive (more trades, more noise) Higher = confirmation only (fewer, but stronger signals) Tweak until it feels like a sniper rifle. No, you wonโ€™t get it perfect on the first try. Yes, itโ€™s worth it. ๐Ÿ› ๏ธ Modular Signals: Why Things Fire (or Donโ€™t) Buy/Sell entries require conditions to align. The logic is modular, and thatโ€™s on purpose. RSI signals only fire if RSI crosses its smoothed MA outside the dead zone and a โ€œWatchโ€ condition is active. SuperTrend signals can be enabled to act on crossovers, optionally ignoring the Watch filter . Watch conditions (colored squares) act as early recon and hint at possible upcoming trades. Background color changes are โ€œpre-signal warningsโ€ and will repaint . Use them as leading signals, not gospel. Want more trades? Loosen your filters . Want sniper entries? Lock them down . ๐ŸŒˆ Candles and MAs: Visual Market Structure Candles adapt in real-time to MA structure: Green = bullish (above both fast/slow MAs) Yellow = indecision (between) Red = bearish (below both) Buy/Sell signals override candles with bright orange and fuchsia โ€”because subtlety doesnโ€™t win wars . You can also enable up to 8 customizable moving averages โ€”great for confluence , trend confirmation , or just looking like a wizard . ๐Ÿง  Pro Usage Tips (TL;DR for Smart People): Use tooltips in the settings menu โ€”every toggle and slider is explained Test timeframes until signal frequency and reliability match your goals Adjust RSI cycle to reduce noise or speed up signals based on how frequently you trade Tweak SuperTrend factor and ATR to fit volatility on your asset Start with visual confirmation : โ€ƒโ€ข Are watch signals lining up with trend zones? โ€ƒโ€ข Are backgrounds firing before price moves? โ€ƒโ€ข Are candle colors agreeing with signal direction? ๐Ÿ“ฃ Alerts & Integration Alerts are available for: Buy/Sell entries (confirmed or advanced background) Watch signals Full band agreement (both Bollinger bands bullish or bearish) Use these with webhook systems , bots , or your own trade journals . Created by Sherlock Macgyver Because sometimes the best tradeโ€ฆ is knowing exactly when not to take one.
Pine Scriptยฎ indicator
by Sherlock_MacGyver
50
IU Mean Reversion SystemDESCRIPTION The IU Mean Reversion System is a dynamic mean reversion-based trading framework designed to identify optimal reversal zones using a smoothed mean and a volatility-adjusted band. This system captures price extremes by combining exponential and running moving averages with the Average True Range (ATR), effectively identifying overextended price action that is likely to revert back to its mean. It provides precise long and short entries with corresponding exit conditions, making it ideal for range-bound markets or phases of low volatility. USER INPUTS : Mean Length โ€“ Controls the smoothness of the mean; default is 9. ATR Length โ€“ Defines the lookback period for ATR-based band calculation; default is 100. Multiplier โ€“ Determines how wide the upper and lower bands are from the mean; default is 3. LONG CONDITION : A long entry is triggered when the closing price crosses above the lower band, indicating a potential upward mean reversion. A position is taken only if there is no active long position already. SHORT CONDITION : A short entry is triggered when the closing price crosses below the upper band, signaling a potential downward mean reversion. A position is taken only if there is no active short position already. LONG EXIT : A long position exits when the high price crosses above the mean, implying that price has reverted back to its average and may no longer offer favorable long risk-reward. SHORT EXIT : A short position exits when the low price crosses below the mean, indicating the mean reversion has occurred and the downside opportunity has likely played out. WHY IT IS UNIQUE: Uses a double smoothing approach (EMA + RMA) to define a stable mean, reducing noise and false signals. Adapts dynamically to volatility using ATR-based bands, allowing it to handle different market conditions effectively. Implements a state-aware entry system using persistent variables, avoiding redundant entries and improving clarity. The logic is clear, concise, and modular, making it easy to modify or integrate with other systems. HOW USER CAN BENEFIT FROM IT : Traders can easily identify reversion opportunities in sideways or mean-reverting environments. Entry and exit points are visually labeled on the chart, aiding in clarity and trade review. Helps maintain discipline and consistency by using a rule-based framework instead of subjective judgment. Can be combined with other trend filters, momentum indicators, or higher time frame context for enhanced results.
Pine Scriptยฎ indicator
by Shivam_Mandrai
2
OBV by readCrypto ------------------------------------- OBV is used as a leading indicator to predict stock price movements by measuring changes in trading volume. Reflecting the cumulative value of trading volume, - When the price rises, if the trading volume increases, OBV rises, - When the price falls, if the trading volume decreases, OBV falls. Therefore, the movement of the OBV indicator must be checked along with the price movement, and it has the disadvantage of being unreliable for coins (tokens) with low trading volume. --------------------------------------- (First interpretation method) By adding a signal line for the OBV indicator, - If the OBV indicator moves above the signal line, it is likely to show an upward trend, - If the OBV indicator moves beyond the signal line, it is likely to show a downward trend. This interpretation method is difficult to use in actual trading strategies because the OBV indicator often moves up and down repeatedly based on the signal line. Therefore, it is recommended to use this interpretation method as reference when analyzing charts. ------------------------------- (Second interpretation method) Draw support and resistance lines based on the high and low points of the OBV indicator - If the OBV indicator breaks through the previous high point, it is likely to show an upward trend, - If the OBV indicator breaks through the previous low point, it is likely to show a downward trend. This interpretation method is a bit more reliable than the first interpretation method, but it has the disadvantage of having to consider support and resistance lines separately based on the high and low points. - To compensate for this, a High line for the high point and a Low line for the low point were added. - If the OBV indicator shows an upward breakout of each line (Low, HL2, High), the price is likely to rise, - If the OBV indicator shows a downward breakout of each line (Low, HL2, High), the price is likely to fall. - Also, the Low and High lines can be interpreted like Bollinger Bands. That is, if the Low and High lines show a contraction, the price is likely to move sideways, and if they show an expansion, the price is likely to show a trend. Therefore, if the High line breaks upward in a contracted state, - It is likely to show an upward trend, - If the Low line breaks downward, it is likely to show a downward trend. In an expanded state, you should focus on finding the point to realize profits rather than conducting new transactions. -------------------------------- It is not easy to interpret the change in actual transaction volume and use it to create a trading strategy. In particular, it is more difficult in the coin market where multiple exchanges are linked to show movements for one coin (token). Therefore, the coin market is actively conducting transactions without referring to trading volume at all by following trends. However, I think that if you interpret the change in trading volume and use it to find a trading point, it can help you find a more accurate trading point. In that sense, I think that an indicator that adds the High and Low lines of the OBV indicator can be used as meaningful reference material. ----------------------------------------------------------------- ------------------------------------- OBV๋Š” ๊ฑฐ๋ž˜๋Ÿ‰์˜ ๋ณ€ํ™”๋ฅผ ์ธก์ •ํ•˜์—ฌ ์ฃผ๊ฐ€ ์›€์ง์ž„์„ ์˜ˆ์ธกํ•˜๋Š” ์„ ํ–‰ ์ง€ํ‘œ๋กœ ํ™œ์šฉ๋ฉ๋‹ˆ๋‹ค. ๊ฑฐ๋ž˜๋Ÿ‰์˜ ๋ˆ„์ ๊ฐ’์„ ๋ฐ˜์˜ํ•˜์—ฌ - ๊ฐ€๊ฒฉ์ด ์ƒ์Šนํ•  ๋•Œ ๊ฑฐ๋ž˜๋Ÿ‰์ด ์ฆ๊ฐ€๋ฉด OBV๊ฐ€ ์ƒ์Šนํ•˜๊ณ , - ๊ฐ€๊ฒฉ์ด ํ•˜๋ฝํ•  ๋•Œ ๊ฑฐ๋ž˜๋Ÿ‰์ด ์ค„๋ฉด OBV๊ฐ€ ํ•˜๋ฝํ•˜๊ฒŒ ๋ฉ๋‹ˆ๋‹ค. ๋”ฐ๋ผ์„œ, ๊ฐ€๊ฒฉ์˜ ์›€์ง์ž„๊ณผ ํ•จ๊ป˜ OBV ์ง€ํ‘œ์˜ ์›€์ง์ž„์„ ํ™•์ธํ•˜์—ฌ์•ผ ํ•˜๊ณ  ๊ฑฐ๋ž˜๋Ÿ‰์ด ์ ์€ ์ฝ”์ธ(ํ† ํฐ)์—์„œ๋Š” ์‹ ๋ขฐ์„ฑ์ด ๋–จ์–ด์ง€๋Š” ๋‹จ์ ๋„ ๊ฐ€์ง€๊ณ  ์žˆ์Šต๋‹ˆ๋‹ค. --------------------------------------- (์ฒซ๋ฒˆ์งธ ํ•ด์„ ๋ฐฉ๋ฒ•) OBV ์ง€ํ‘œ์— ๋Œ€ํ•œ Signal์„ ์„ ์ถ”๊ฐ€ํ•˜์—ฌ - OBV ์ง€ํ‘œ๊ฐ€ Signal์„  ์ด์ƒ์—์„œ ์ด๋™ํ•˜๊ฒŒ ๋˜๋ฉด ์ƒ์Šน์„ธ๋ฅผ ๋ณด์ผ ๊ฐ€๋Šฅ์„ฑ์ด ๋†’๊ณ , - OBV ์ง€ํ‘œ๊ฐ€ Signal์„  ์ดํ•ญ์—์„œ ์ด๋™ํ•˜๊ฒŒ ๋˜๋ฉด ํ•˜๋ฝ์„ธ๋ฅผ ๋ณด์ผ ๊ฐ€๋Šฅ์„ฑ์ด ๋†’์Šต๋‹ˆ๋‹ค. ์ด๋Ÿฌํ•œ ํ•ด์„ ๋ฐฉ๋ฒ•์€ Signal์„ ์„ ๊ธฐ์ค€์œผ๋กœ OBV ์ง€ํ‘œ๊ฐ€ ๋ฐ˜๋ณต์ ์œผ๋กœ ์œ„์•„๋ž˜๋กœ ์›€์ง์ž„์„ ๋ณด์ด๋Š” ๊ฒฝ์šฐ๊ฐ€ ๋งŽ๊ธฐ ๋•Œ๋ฌธ์— ์‹ค์ œ ๊ฑฐ๋ž˜ ์ „๋žต์— ํ™œ์šฉ๋˜๊ธฐ๊ฐ€ ์–ด๋ ค์šด ๋ฉด์ด ์žˆ์Šต๋‹ˆ๋‹ค. ๋”ฐ๋ผ์„œ, ์ด๋Ÿฌํ•œ ํ•ด์„ค ๋ฐฉ๋ฒ•์€ ์ฐจํŠธ ๋ถ„์„์„ ํ•  ๋•Œ ์ฐธ๊ณ  ์ž๋ฃŒ๋กœ ํ™œ์šฉํ•˜๋Š” ๊ฒƒ์ด ์ข‹์Šต๋‹ˆ๋‹ค. ------------------------------- (๋‘๋ฒˆ์งธ ํ•ด์„ ๋ฐฉ๋ฒ•) OBV ์ง€ํ‘œ์˜ ๊ณ ์ ๊ณผ ์ €์ ์„ ๊ธฐ์ค€ํ•˜์—ฌ ์ง€์ง€์™€ ์ €ํ•ญ์„ ์„ ๊ทธ๋ ค - OBV ์ง€ํ‘œ๊ฐ€ ์ด์ „ ๊ณ ์ ์„ ์ƒํ–ฅ ๋ŒํŒŒํ•˜๋ฉด ์ƒ์Šน์„ธ๋ฅผ ๋ณด์ผ ๊ฐ€๋Šฅ์„ฑ์ด ๋†’๊ณ , - OBV ์ง€ํ‘œ๊ฐ€ ์ด์ „ ์ €์ ์„ ํ•˜ํ–ฅ ๋ŒํŒŒํ•˜๋ฉด ํ•˜๋ฝ์„ธ๋ฅผ ๋ณด์ผ ๊ฐ€๋Šฅ์„ฑ์ด ๋†’์Šต๋‹ˆ๋‹ค. ์ด๋Ÿฌํ•œ ํ•ด์„ ๋ฐฉ๋ฒ•์€ ์ฒซ๋ฒˆ์งธ ํ•ด์„ ๋ฐฉ๋ฒ•๋ณด๋‹ค ์ข€ ๋” ์‹ ๋ขฐ์„ฑ์ด ์žˆ๋Š” ๋ฐฉ๋ฒ•์ด์ง€๋งŒ, ๊ณ ์ ๊ณผ ์ €์ ์„ ๊ธฐ์ค€์œผ๋กœ ์ง€์ง€์™€ ์ €ํ•ญ์„ ์„ ๋‚˜๋ˆ„์–ด ์ƒ๊ฐํ•ด์•ผ ํ•˜๋Š” ๋‹จ์ ์ด ์žˆ์Šต๋‹ˆ๋‹ค. - ์ด๋ฅผ ๋ณด์™„ํ•˜๊ณ ์ž ๊ณ ์ ์— ๋Œ€ํ•œ High์„ ๊ณผ ์ €์ ์— ๋Œ€ํ•œ Low์„ ์„ ์ถ”๊ฐ€ํ•˜์˜€์Šต๋‹ˆ๋‹ค. - OBV ์ง€ํ‘œ๊ฐ€ ๊ฐ ์„ (Low, HL2, High)์„ ์ƒํ–ฅ ๋ŒํŒŒํ•˜๋Š” ๋ชจ์Šต์„ ๋ณด์ด๋ฉด ๊ฐ€๊ฒฉ์ด ์ƒ์Šนํ•  ๊ฐ€๋Šฅ์„ฑ์ด ๋†’๊ณ , - OBV ์ง€ํ‘œ๊ฐ€ ๊ฐ ์„ (Low, HL2, High)์„ ํ•˜ํ–ฅ ๋ŒํŒŒํ•˜๋Š” ๋ชจ์Šต์„ ๋ณด์ด๋ฉด ๊ฐ€๊ฒฉ์ด ํ•˜๋ฝํ•  ๊ฐ€๋Šฅ์„ฑ์ด ๋†’์Šต๋‹ˆ๋‹ค. - ๋˜ํ•œ, Low์„ ๊ณผ High์„ ์„ ๋ณผ๋ฆฐ์ €๋ฐด๋“œ์™€ ๊ฐ™์ด ํ•ด์„ํ•  ์ˆ˜ ์žˆ์Šต๋‹ˆ๋‹ค. ์ฆ‰, Low์„ ๊ณผ High์„ ์ด ์ˆ˜์ถ•ํ•˜๋Š” ๋ชจ์Šต์„ ๋ณด์ด๋ฉด ๊ฐ€๊ฒฉ์€ ํšก๋ณดํ•  ๊ฐ€๋Šฅ์„ฑ์ด ๋†’๊ณ , ํ™•์žฅํ•˜๋Š” ๋ชจ์Šต์„ ๋ณด์ด๋ฉด ๊ฐ€๊ฒฉ์€ ์ถ”์„ธ๋ฅผ ๋‚˜ํƒ€๋‚ผ ๊ฐ€๋Šฅ์„ฑ์ด ๋†’์Šต๋‹ˆ๋‹ค. ๋”ฐ๋ผ์„œ, ์ˆ˜์ถ•ํ•œ ์ƒํƒœ์—์„œ - High์„ ์„ ์ƒํ–ฅ ๋ŒํŒŒํ•˜๊ฒŒ ๋˜๋ฉด ์ƒ์Šน์„ธ๋ฅผ ๋‚˜ํƒ€๋‚ผ ๊ฐ€๋Šฅ์„ฑ์ด ๋†’๊ณ , - Low์„ ์„ ํ•˜ํ–ฅ ๋ŒํŒŒํ•˜๊ฒŒ ๋˜๋ฉด ํ•˜๋ฝ์„ธ๋ฅผ ๋‚˜ํƒ€๋‚ผ ๊ฐ€๋Šฅ์„ฑ์ด ๋†’์Šต๋‹ˆ๋‹ค. ํ™•์žฅ๋œ ์ƒํƒœ์—์„œ๋Š” ์‹ ๊ทœ ๊ฑฐ๋ž˜๋ฅผ ์ง„ํ–‰ํ•˜๊ธฐ ๋ณด๋‹ค ์ˆ˜์ต ์‹คํ˜„ํ•  ์‹œ์ ์„ ์ฐพ๋Š”๋ฐ ์ง‘์ค‘ํ•ด์•ผ ํ•ฉ๋‹ˆ๋‹ค. -------------------------------- ์‹ค์ œ ๊ฑฐ๋ž˜๋Ÿ‰์˜ ๋ณ€ํ™”๋ฅผ ํ•ด์„ํ•˜์—ฌ ๊ฑฐ๋ž˜ ์ „๋žต์„ ๋งŒ๋“œ๋Š”๋ฐ ํ™œ์šฉํ•˜๊ธฐ๊ฐ€ ์‰ฝ์ง€ ์•Š์Šต๋‹ˆ๋‹ค. ํŠนํžˆ, ํ•˜๋‚˜์˜ ์ฝ”์ธ(ํ† ํฐ)์— ๋Œ€ํ•ด์„œ ์—ฌ๋Ÿฌ ๊ฐœ์˜ ๊ฑฐ๋ž˜์†Œ๊ฐ€ ์—ฐ๋™๋˜์–ด ์›€์ง์ž„์„ ๋‚˜ํƒ€๋‚ด๋Š” ์ฝ”์ธ ์‹œ์žฅ์—์„œ๋Š” ๋”์šฑ ์–ด๋ ค์›€์ด ์žˆ์Šต๋‹ˆ๋‹ค. ๋”ฐ๋ผ์„œ, ์ฝ”์ธ ์‹œ์žฅ์€ ์ถ”์„ธ ์ถ”์ข…์œผ๋กœ ์•„์˜ˆ ๊ฑฐ๋ž˜๋Ÿ‰์„ ์ฐธ๊ณ ํ•˜์ง€ ์•Š๊ณ  ๊ฑฐ๋ž˜๋ฅผ ์ง„ํ–‰ํ•˜๋Š” ๋ฐฉ๋ฒ•์ด ํ™œ์„ฑํ™”๋˜์–ด ์žˆ๊ธฐ๋„ ํ•ฉ๋‹ˆ๋‹ค. ํ•˜์ง€๋งŒ, ๊ฑฐ๋ž˜๋Ÿ‰์˜ ๋ณ€ํ™”๋ฅผ ํ•ด์„ํ•˜์—ฌ ๊ฑฐ๋ž˜ ์‹œ์ ์„ ์ฐพ๋Š”๋ฐ ํ™œ์šฉํ•œ๋‹ค๋ฉด ๋ณด๋‹ค ์ •ํ™•ํ•œ ๊ฑฐ๋ž˜ ์‹œ์ ์„ ์ฐพ๋Š”๋ฐ ๋„์›€์„ ๋ฐ›์„ ์ˆ˜ ์žˆ๋‹ค๊ณ  ์ƒ๊ฐํ•ฉ๋‹ˆ๋‹ค. ๊ทธ๋Ÿฌํ•œ ์˜๋ฏธ์—์„œ OBV ์ง€ํ‘œ์˜ High์„ ๊ณผ Low์„ ์„ ์ถ”๊ฐ€ํ•œ ์ง€ํ‘œ๊ฐ€ ์˜๋ฏธ ์žˆ๋Š” ์ฐธ๊ณ  ์ž๋ฃŒ๋กœ ํ™œ์šฉ๋  ์ˆ˜ ์žˆ๋‹ค๊ณ  ์ƒ๊ฐํ•ฉ๋‹ˆ๋‹ค. -------------------------------------------------------------------
Pine Scriptยฎ indicator
by readCrypto
3
Head Hunter HHHead Hunter HH - Advanced Market Structure & Volume Analysis Indicator This indicator combines volume analysis, price action, and VWAP to identify high-probability trading opportunities across multiple timeframes. Key Features: โ€ข Smart Volume Analysis: Detects institutional volume patterns using dynamic thresholds โ€ข VWAP-Based Market Structure: Multiple standard deviation bands for precision entry/exit โ€ข Daily Level Integration: Previous day's high, low, close, and current day's open โ€ข Advanced Signal Classification: Regular, Super Strong, and Scalp signals Signal Types: 1. Regular Signals (White/Purple Triangles) โ€ข Volume-confirmed reversals โ€ข Institutional price levels โ€ข Technical momentum alignment 2. Super Strong Signals (Green/Red Diamonds) โ€ข High-volume breakouts โ€ข Strong momentum confirmation โ€ข Multiple timeframe alignment 3. Scalp Signals (Green/Magenta Circles) โ€ข Quick reversal opportunities โ€ข VWAP deviation analysis โ€ข Volume surge confirmation Visual Components: โ€ข VWAP with Standard Deviation Bands โ€ข 50 MA (optional) โ€ข Daily Reference Levels โ€ข Color-coded signals based on strength โ€ข Bar color changes on confirmed signals Best Practices: โ€ข Most effective on higher timeframes (1H+) โ€ข Use with major pairs/instruments โ€ข Combine signals with support/resistance โ€ข Monitor volume confirmation โ€ข Wait for candle close confirmation This indicator helps identify institutional order flow and high-probability reversal zones by analyzing volume patterns, price action, and market structure, providing traders with multiple confirmation layers before entry. Note: Results may vary based on market conditions and timeframe selection. Always use proper risk management.
Pine Scriptยฎ indicator
by RickyTSpanish
3