TAIndicatorsThis library offers a comprehensive suite of enhanced technical indicator functions, building upon TradingView's built-in indicators. The primary advantage of this library is its expanded flexibility, allowing you to select from a wider range of moving average types for calculations and smoothing across various indicators.
The core difference between these functions and TradingView's standard ones is the ability to specify different moving average types beyond the default. While a standard ta.rsi() is fixed, the rsi() in this library, for example, can be smoothed by an 'SMMA (RMA)', 'WMA', 'VWMA', or others, giving you greater control over your analysis.
█ FEATURES
This library provides enhanced versions of the following popular indicators:
Moving Average (ma): A versatile MA function that includes optional secondary smoothing and Bollinger Bands.
RSI (rsi): Calculate RSI with an optional smoothed signal line using various MA types, plus built-in divergence detection.
MACD (macd): A MACD function where you can define the MA type for both the main calculation and the signal line.
ATR (atr): An ATR function that allows for different smoothing types.
VWAP (vwap): A comprehensive anchored VWAP with multiple configurable bands.
ADX (adx): A standard ADX calculation.
Cumulative Volume Delta (cvd): Provides CVD data based on a lower timeframe.
Bollinger Bands (bb): Create Bollinger Bands with a customizable MA type for the basis line.
Keltner Channels (kc): Keltner Channels with selectable MA types and band styles.
On-Balance Volume (obv): An OBV indicator with an optional smoothed signal line using various MA types.
... and more to come! This library will be actively maintained, with new useful indicator functions added over time.
█ HOW TO USE
To use this library in your scripts, import it using its publishing link. You can then call the functions directly.
For example, to calculate a Weighted Moving Average (WMA) and then smooth it with a Simple Moving Average (SMA) :
import ActiveQuants/TAIndicators/1 as tai
// Calculate a 20-period WMA of the close
// Then, smooth the result with a 10-period SMA
= tai.ma("WMA", close, 20, "SMA", 10)
plot(myWma, color = color.blue)
plot(smoothedWma, color = color.orange)
█ Why Choose This Library?
If you're looking for more control and customization than what's offered by the standard built-in functions, this library is for you. By allowing for a variety of smoothing methods across multiple indicators, it enables a more nuanced and personalized approach to technical analysis. Fine-tune your indicators to better fit your trading style and strategies.
Search in scripts for "rma"
OBV with MA & Bollinger Bands by Marius1032OBV with MA & Bollinger Bands by Marius1032
This script adds customizable moving averages and Bollinger Bands to the classic OBV (On Balance Volume) indicator. It helps identify volume-driven momentum and trend strength.
Features:
OBV-based trend tracking
Optional smoothing: SMA, EMA, RMA, WMA, VWMA
Optional Bollinger Bands with SMA
Potential Combinations and Trading Strategies:
Breakouts: Look for price breakouts from the Bollinger Bands, and confirm with a rising OBV for an uptrend or falling OBV for a downtrend.
Trend Reversals: When the price touches a Bollinger Band, examine the OBV for divergence. A bullish divergence (price lower low, OBV higher low) near the lower band could signal a reversal.
Volume Confirmation: Use OBV to confirm the strength of the trend indicated by Bollinger Bands. For example, if the BBs indicate an uptrend and OBV is also rising, it reinforces the bullish signal.
1. On-Balance Volume (OBV):
Purpose: OBV is a momentum indicator that uses volume flow to predict price movements.
Calculation: Volume is added on up days and subtracted on down days.
Interpretation: Rising OBV suggests potential upward price movement. Falling OBV suggests potential lower prices.
Divergence: Divergence between OBV and price can signal potential trend reversals.
2. Moving Average (MA):
Purpose: Moving Averages smooth price fluctuations and help identify trends.
Combination with OBV: Pairing OBV with MAs helps confirm trends and identify potential reversals. A crossover of the OBV line and its MA can signal a trend reversal or continuation.
3. Bollinger Bands (BB):
Purpose: BBs measure market volatility and help identify potential breakouts and trend reversals.
Structure: They consist of a moving average (typically 20-period) and two standard deviation bands.
Combination with OBV: Combining BBs with OBV allows for a multifaceted approach to market analysis. For example, a stock hitting the lower BB with a rising OBV could indicate accumulation and a potential upward reversal.
Created by: Marius1032
RSI-GringoRSI-Gringo — Stochastic RSI with Advanced Smoothing Averages
Overview:
RSI-Gringo is an advanced technical indicator that combines the concept of the Stochastic RSI with multiple smoothing options using various moving averages. It is designed for traders seeking greater precision in momentum analysis, while offering the flexibility to select the type of moving average that best suits their trading style.
Disclaimer: This script is not investment advice. Its use is entirely at your own risk. My responsibility is to provide a fully functional indicator, but it is not my role to guide how to trade, adjust, or use this tool in any specific strategy.
The JMA (Jurik Moving Average) version used in this script is a custom implementation based on publicly shared code by TradingView users, and it is not the original licensed version from Jurik Research.
What This Indicator Does
RSI-Gringo applies the Stochastic Oscillator logic to the RSI itself (rather than price), helping to identify overbought and oversold conditions within the RSI. This often leads to more responsive and accurate momentum signals.
This indicator displays:
%K: the main Stochastic RSI line
%D: smoothed signal line of %K
Upper/Lower horizontal reference lines at 80 and 20
Features and Settings
Available smoothing methods (selectable from dropdown):
SMA — Simple Moving Average
SMMA — Smoothed Moving Average (equivalent to RMA)
EMA — Exponential Moving Average
WMA — Weighted Moving Average
HMA — Hull Moving Average (manually implemented)
JMA — Jurik Moving Average (custom approximation)
KAMA — Kaufman Adaptive Moving Average
T3 — Triple Smoothed Moving Average with adjustable hot factor
How to Adjust Advanced Averages
T3 – Triple Smoothed MA
Parameter: T3 Hot Factor
Valid range: 0.1 to 2.0
Tuning:
Lower values (e.g., 0.1) make it faster but noisier
Higher values (e.g., 2.0) make it smoother but slower
Balanced range: 0.7 to 1.0 (recommended)
JMA – Jurik Moving Average (Custom)
Parameters:
Phase: adjusts responsiveness and smoothness (-100 to 100)
Power: controls smoothing intensity (default: 1)
Tuning:
Phase = 0: neutral behavior
Phase > 0: more reactive
Phase < 0: smoother, more delayed
Power = 1: recommended default for most uses
Note: The JMA used here is not the proprietary version by Jurik Research, but an educational approximation available in the public domain on TradingView.
How to Use
Crossover Signals
Buy signal: %K crosses above %D from below the 20 line
Sell signal: %K crosses below %D from above the 80 line
Momentum Strength
%K and %D above 80: strong bullish momentum
%K and %D below 20: strong bearish momentum
With Trend Filters
Combine this indicator with trend-following tools (like moving averages on price)
Fast smoothing types (like EMA or HMA) are better for scalping and day trading
Slower types (like T3 or KAMA) are better for swing and long-term trading
Final Tips
Tweak RSI and smoothing periods depending on the time frame you're trading.
Try different combinations of moving averages to find what works best for your strategy.
This indicator is intended as a supporting tool for technical analysis — not a standalone decision-making system.
Adaptive MACD Deluxe [AlgoAlpha]OVERVIEW
This script is an advanced rework of the classic MACD indicator, designed to be more adaptive, visually informative, and customizable. It enhances the original MACD formula using a dynamic feedback loop and a correlation-based weighting system that adjusts in real-time based on how deterministic recent price action is. The signal line is flexible, offering several smoothing types including Heiken Ashi, while the histogram is color-coded with gradients to help users visually identify momentum shifts. It also includes optional normalization by volatility, allowing MACD values to be interpreted as relative percentage moves, making the indicator more consistent across different assets and timeframes.
CONCEPTS
This version of MACD introduces a deterministic weight based on R-squared correlation with time, which modulates how fast or slow the MACD adapts to price changes. Higher correlation means smoother, slower MACD responses, and low correlation leads to quicker reaction. The momentum calculation blends traditional EMA math with feedback and damping components to create a smoother, less noisy series. Heiken Ashi is optionally used for signal smoothing to better visualize short-term trend bias. When normalization is enabled, the MACD is scaled by an EMA of the high-low range, converting it into a bounded, volatility-relative indicator. This makes extreme readings more meaningful across markets.
FEATURES
The script offers six distinct options for signal line smoothing: EMA, SMA, SMMA (RMA), WMA, VWMA, and a custom Heiken Ashi mode based on the MACD series. Each option provides a different response speed and smoothing behavior, allowing traders to match the indicator’s behavior to their strategy—whether it's faster reaction or reduced noise.
Normalization is another key feature. When enabled, MACD values are scaled by a volatility proxy, converting the indicator into a relative percentage. This helps standardize the MACD across different assets and timeframes, making overbought and oversold readings more consistent and easier to interpret.
Threshold zones can be customized using upper and lower boundaries, with inner zones for early warnings. These zones are highlighted on the chart with subtle background fills and directional arrows when MACD enters or exits key levels. This makes it easier to spot strong or weak reversals at a glance.
Lastly, the script includes multiple built-in alerts. Users can set alerts for MACD crossovers, histogram flips above or below zero, and MACD entries into strong or weak reversal zones. This allows for hands-free monitoring and quick decision-making without staring at the chart.
USAGE
To use this script, choose your preferred signal smoothing type, enable normalization if you want MACD values relative to volatility, and adjust the threshold zones to fit your asset or timeframe. Use the colored histogram to detect changes in momentum strength—brighter colors indicate rising strength, while faded colors imply weakening. Heiken Ashi mode smooths out noise and provides clearer signals, especially useful in choppy conditions. Use alert conditions for crossover and reversal detection, or monitor the arrow markers for entries into potential exhaustion zones. This setup works well for trend following, momentum trading, and reversal spotting across all market types.
Advanced MACD Pro (WhiteStone_Ibrahim) - T3 Themed✨ Advanced MACD Pro (WhiteStone_Ibrahim) - T3 Themed ✨
Take your MACD analysis to the next level with the Advanced MACD Pro - T3 Themed indicator by WhiteStone_Ibrahim! This isn't just another MACD; it's a comprehensive toolkit packed with advanced features, unique T3 integration, and extensive customization options to provide deeper market insights.
Whether you're a seasoned trader or just starting, this indicator offers a versatile and powerful way to analyze momentum, identify trends, and spot potential reversals.
Key Features:
Core MACD Functionality:
Classic MACD Line: Calculated from customizable Fast and Slow EMAs using your chosen source (Close, Open, HLC3, etc.).
Standard Signal Line: EMA of the MACD line, with adjustable length.
Dynamic MACD Line Coloring: Automatically changes color based on whether it's above or below the zero line (positive/negative).
Zero Line: Clearly plotted for reference.
Enhanced MACD Histogram:
Sophisticated Color Coding: The histogram isn't just positive or negative. It intelligently colors based on momentum strength and direction:
Strong Bullish: MACD above signal, histogram increasing.
Weakening Bullish: MACD above signal, histogram decreasing.
Strong Bearish: MACD below signal, histogram decreasing.
Weakening Bearish: MACD below signal, histogram increasing.
Neutral: Default color for other conditions.
Optional Histogram Smoothing: Smooth out the histogram noise using one of five different moving average types: SMA, EMA, WMA, RMA, or the advanced T3 (Tilson T3). Customize smoothing length and T3 vFactor.
🌟 Unique T3 Integration (T3 Themed):
Extra T3 Signal Line (on MACD): An additional, fast-reacting T3 moving average calculated directly from the MACD line. This provides an alternative and often quicker signal.
Customizable T3 length and vFactor.
Dynamic Coloring: The T3 Signal Line changes color (bullish/bearish) based on its crossover with the MACD line, offering clear visual cues.
T3 is also available as a smoothing option for the main histogram (see above).
🔍 Disagreement & Divergence Detection:
Bar/Price Disagreement Markers:
Highlights instances where the price bar's direction (e.g., a bullish candle) contradicts the current MACD momentum (e.g., MACD below its signal line).
Visual markers (circles) appear above/below bars to draw attention to these potential early warnings or confirmations.
Histogram Color Change on Disagreement: Optionally, the histogram can adopt distinct alternative colors during these bar/price disagreements for even clearer visual alerts.
Classic Bullish & Bearish Divergence Detection:
Automatically identifies regular divergences between price action (Higher Highs/Lower Lows) and the MACD line (Lower Highs/Higher Lows).
Customizable pivot lookback periods (left and right bars) for divergence sensitivity.
Plots clear "Bull" and "Bear" labels on the price chart where divergences occur.
🎨 Extensive Customization & Visuals:
Multiple Color Themes: Choose from pre-set themes like 'Dark Mode', 'Light Mode', 'Neon Night', or use 'Default (Current Settings)' to fine-tune every color yourself.
Granular Control (Default Theme): Individually customize colors and thickness for:
MACD Line (positive/negative)
Standard Signal Line
Extra T3 Signal Line (bullish/bearish)
Histogram (all four momentum states + neutral)
Disagreement Markers & Histogram Alt Colors
Divergence Lines/Labels
Zero Line
Toggle Visibility: Easily show or hide the Standard Signal Line and the Extra T3 Signal Line as needed.
🔔 Comprehensive Alert System:
Stay informed of key market events with a wide array of configurable alerts:
MACD Line / Standard Signal Line Crossover
Histogram / Zero Line Crossover
MACD Line / Zero Line Crossover
Bullish Divergence Detected
Bearish Divergence Detected
Bar/Price Disagreement (Bullish & Bearish)
MACD Line / Extra T3 Signal Line Crossover
Each alert can be individually enabled or disabled.
The Advanced MACD Pro - T3 Themed indicator is designed to be your go-to tool for momentum analysis. Its rich feature set empowers you to tailor it to your specific trading style and gain a more nuanced understanding of market dynamics.
Add it to your charts today and experience the difference!
(Developed by WhiteStone_Ibrahim)
Vix_Fix Enhanced MTF [Cometreon]The VIX Fix Enhanced is designed to detect market bottoms and spikes in volatility, helping traders anticipate major reversals with precision. Unlike standard VIX Fix tools, this version allows you to control the standard deviation logic, switch between chart styles, customize visual outputs, and set up advanced alerts — all with no repainting.
🧠 Logic and Calculation
This indicator is based on Larry Williams' VIX Fix and integrates features derived from community requests/advice, such as inverse VIX logic.
It calculates volatility spikes using a customizable standard deviation of the lows and compares it to a moving high to identify potential reversal points.
All moving average logic is based on Cometreon's proprietary library, ensuring accurate and optimized calculations on all 15 moving average types.
🔷 New Features and Improvements
🟩 Custom Visual Styles
Choose how you want your VIX data displayed:
Line
Step Line
Histogram
Area
Column
You can also flip the orientation (bottom-up or top-down), change the source ticker, and tailor the display to match your charting preferences.
🟩 Multi-MA Standard Deviation Calculation
Customize the standard deviation formula by selecting from 15 different moving averages:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
WMA (Weighted Moving Average)
RMA (Smoothed Moving Average)
HMA (Hull Moving Average)
JMA (Jurik Moving Average)
DEMA (Double Exponential Moving Average)
TEMA (Triple Exponential Moving Average)
LSMA (Least Squares Moving Average)
VWMA (Volume-Weighted Moving Average)
SMMA (Smoothed Moving Average)
KAMA (Kaufman’s Adaptive Moving Average)
ALMA (Arnaud Legoux Moving Average)
FRAMA (Fractal Adaptive Moving Average)
VIDYA (Variable Index Dynamic Average)
This gives you fine control over how volatility is measured and allows tuning the sensitivity for different market conditions.
🟩 Full Control Over Percentile and Deviation Conditions
You can enable or disable lines for standard deviation and percentile conditions, and define whether you want to trigger on over or under levels — adapting the indicator to your exact logic and style.
🟩 Chart Type Selection
You're no longer limited to candlestick charts! Now you can use Vix_Fix with different chart formats, including:
Candlestick
Heikin Ashi
Renko
Kagi
Line Break
Point & Figure
🟩 Multi-Timeframe Compatibility Without Repainting
Use a different timeframe from your chart with confidence. Signals remain stable and do not repaint. Perfect for spotting long-term reversal setups on lower timeframes.
🟩 Alert System Ready
Configure alerts directly from the indicator’s panel when conditions for over/under signals are met. Stay informed without needing to monitor the chart constantly.
🔷 Technical Details and Customizable Inputs
This indicator includes full control over the logic and appearance:
1️⃣ Length Deviation High - Adjusts the lookback period used to calculate the high deviation level of the VIX logic. Shorter values make it more reactive; longer values smooth out the signal.
2️⃣ Ticker - Choose a different chart type for the calculation, including Heikin Ashi, Renko, Kagi, Line Break, and Point & Figure.
3️⃣ Style VIX - Change the visual style (Line, Histogram, Column, etc.), adjust line width, and optionally invert the display (bottom-to-top).
📌 Fill zones for deviation and percentile are active only in Line and Step Line modes
4️⃣ Use Standard Deviation Up / Down - Enable the overbought and oversold zone logic based on upper and lower standard deviation bands.
5️⃣ Different Type MA (for StdDev) - Choose from 15 different moving averages to define the calculation method for standard deviation (SMA, EMA, HMA, JMA, etc.), with dedicated parameters like Phase, Sigma, and Offset for optimized responsiveness.
6️⃣ BB Length & Multiplier - Adjust the period and multiplier for the standard deviation bands, similar to how Bollinger Bands work.
7️⃣ Show StdDev Up / Down Line - Enable or disable the visibility of upper and lower standard deviation boundaries.
8️⃣ Use Percentile & Length High - Activate the percentile-based logic to detect extreme values in historical volatility using a customizable lookback length.
9️⃣ Highest % / Lowest % - Set the high and low percentile thresholds (e.g., 85 for high, 99 for low) that will be used to trigger over/under signals.
🔟 Show High / Low Percentile Line - Toggle the visual display of the percentile boundaries directly on the chart for clearer signal reference.
1️⃣1️⃣ Ticker Settings – Customize parameters for special chart types such as Renko, Heikin Ashi, Kagi, Line Break, and Point & Figure, adjusting reversal, number of lines, ATR length, etc.
1️⃣2️⃣ Timeframe – Enables using SuperTrend on a higher timeframe.
1️⃣3️⃣ Wait for Timeframe Closes -
✅ Enabled – Displays Vix_Fix smoothly with interruptions.
❌ Disabled – Displays Vix_Fix smoothly without interruptions.
☄️ If you find this indicator useful, leave a Boost to support its development!
Every feedback helps to continuously improve the tool, offering an even more effective trading experience. Share your thoughts in the comments! 🚀🔥
Candle Count RSI📈 Candle Count RSI — A Dual-Perspective Momentum Engine
The Candle Count RSI is a custom-built momentum oscillator that expands on the classic Relative Strength Index (RSI) by introducing a directional-only variant that tracks the frequency of bullish or bearish closes, rather than price magnitude. It gives traders a second lens through which to evaluate momentum, trend conviction, and subtle divergences—often invisible to traditional price-based RSI.
💡 What Makes It Unique?
While the standard RSI is sensitive to the size of price changes, the Candle Count RSI is magnitude-blind. It counts candle closes above/below open over a lookback period, generating a purer signal of directional consistency. To enhance signal fidelity, it includes a streak amplifier, dynamically weighting extended runs of green or red candles to reflect intensity of market bias—without introducing artificial price sensitivity.
This dual-RSI approach allows for:
- Divergence detection between directional bias and price magnitude.
- Smoother trend confirmation in choppy markets.
- Cleaner visual cues using dynamic glow and background logic.
📐 How Standard RSI Actually Works (Not What You Think)
RSI doesn’t just check if price went up or down over a span—it checks each individual candle and tracks whether it closed higher or lower than the one before. Here's how it works under the hood:
1.) For each bar, it calculates the change from the previous close.
2.) It separates those changes into gains (upward moves) and losses (downward moves).
3.) Then it computes a smoothed average of those gains and losses (usually using an RMA).
4.) It calculates the Relative Strength (RS) as:
RS = AvgGain / AvgLoss
5.) Finally, it plugs that into the RSI formula:
RSI = 100 - (100 / (1 + RS))
⚖️ What Does the 50 Line Mean?
- The RSI scale runs from 0 to 100, but 50 is the true neutral zone:
- RSI > 50 means average gains outweigh average losses over the period.
- RSI < 50 means losses dominate.
- RSI ≈ 50? The market is balanced—momentum is indecisive, no clear trend bias.
- This makes 50 a powerful midline for trend filters, directional bias tools, and divergence detection—especially when paired with alternative RSI logic like Candle Count RSI.
🔧 Inputs and Customization
- Everything is fully modular and customizable:
🧠 Core Settings
- RSI Length: Used for both the standard RSI and Candle Count RSI.
📉 Standard RSI
- Classic RSI calculation based on price changes.
- Optional WMA smoothing to reduce noise.
- Glow effect toggle with custom intensity.
🕯 Candle Count RSI
- Computes RSI using only the count of up/down candles.
- Optional smoothing for stability.
- Amplifies streaks (e.g., multiple consecutive bullish candles increase strength).
- Glow effect toggle with adjustable strength.
🎇 Glow Visuals
- Background glow (subpane and/or main chart).
- Fades based on RSI distance from the 50 midpoint.
- Independent color settings for bull and bear bias.
🧬 Divergence Zones
- Detects when Candle RSI and Standard RSI diverge.
- Highlights:
- Bullish Divergence: Candle RSI > 50, Standard RSI < threshold.
- Bearish Divergence: Candle RSI < 50, Standard RSI > threshold.
- Background fill optionally shown in subpane and/or main chart.
📊 Directional Histogram
- MACD-style histogram showing the difference between the two RSI lines.
- Color-coded based on directional agreement:
- Both rising → green.
- Both falling → red.
- Conflict → yellow.
🧠 Under the Hood — How It Works
🔹 Standard RSI
- Classic ta.rsi() applied to close prices, optionally WMA-smoothed.
🔹 Candle Count RSI (CCR)
- Counts how many candles closed up/down over the period.
- Computes a magnitude-free RSI from these counts.
- Applies a streak-based multiplier to exaggerate trend strength during consecutive green/red runs.
- Optionally smoothed with WMA to create a clean signal line.
- This makes CCR ideal for detecting true directional bias without being faked out by volatile price spikes.
🔹 Divergence Logic
- When Candle RSI and Standard RSI disagree strongly across defined thresholds, background fills highlight early signs of momentum decay or hidden accumulation/distribution.
🔹 Glow Logic
- Glow zones are controlled by a master toggle and drawn with dynamic transparency:
- Further from 50 = stronger conviction = darker glow.
- Shows up in subpane and/or main chart depending on user preference.
📷 Suggested Use Case / Visual Setup
- Use in conjunction with your primary price action system.
- Watch for divergences between the Candle Count RSI and Standard RSI for early trend reversals.
- Use glow bias zones on the main chart to get subconscious directional cues during fast scalping.
- Histogram helps you confirm when both RSI variants agree—useful during strong trending conditions.
🛠️ Tip for Traders
- This tool isn’t trying to “predict” price. It’s designed to visualize hidden market psychology—when buyers are showing up with consistent pressure, or when momentum has a disconnect between conviction and magnitude. Use this to filter entries, spot weak rallies, or sense when a trend is about to break down.
⚠️ WARNING
- Not for use with Heikin Ashi, Renko, etc.).
🧠 Summary
Candle Count RSI is not just another mashup—it's a precision-built, dual-perspective oscillator that captures directional conviction using real candle behavior. Whether you're scalping intraday or swing trading momentum, this script helps clarify trend integrity and exposes hidden weaknesses with elegance and clarity.
—
🛠️ Built by: Sherlock_MacGyver
Feel free to share feedback or reach out if you'd like to collaborate on custom features.
Volume Spike Alert & Overlay"Volume Spike Alert & Overlay" highlights unusually high trading volume on a chart. It calculates whether the current volume exceeds a user-defined percentage above the historical average and triggers an alert if it does. The information is also displayed in a customizable on-screen table.
What It Does
Monitors volume for each bar and compares it to an average over a user-defined lookback period.
Supports multiple smoothing methods (SMA, EMA, WMA, RMA) for calculating the average volume.
Triggers an alert when current volume exceeds the threshold percentage above the average.
Displays a table on the chart with:
Current Volume
Average Volume
Threshold Percentage
Optional empty row for spacing/formatting
How It Works
User Inputs:
lookbackPeriods: Number of bars used to calculate the average volume.
thresholdPercent: % above the average that triggers a volume spike alert.
smoothingType: Type of moving average used for volume calculation.
textColor, bgColor: Formatting for the display table.
tablePositionInput: Where the table appears on the chart (e.g., Bottom Right).
Toggles for showing/hiding parts of the table.
Volume Calculations:
Calculates current bar's volume.
Calculates average volume using the selected smoothing method.
Computes the threshold: avgVol * (1 + thresholdPercent / 100).
Compares current volume to threshold.
Table Display:
Dynamically creates a table with volume stats.
Adds rows based on user preferences.
Alerts:
alertcondition fires when currentVol crosses above the calculated threshold.
Message: "Volume Threshold Exceeded"
Usage Examples
Example 1: Spotting High Activity
Apply the script to a stock like AAPL on a 5-minute chart.
Set lookbackPeriods to 20 and thresholdPercent to 30.
Use EMA for more reactive volume tracking.
When volume spikes more than 30% above the 20-period EMA, an alert triggers.
Example 2: Day Trading Filter
For scalpers, apply it to a 1-minute crypto chart (e.g., BTC/USDT).
Set thresholdPercent to 50 to catch only strong surges.
Position the table at the top left and reduce visible info for a clean layout.
Example 3: Long-Term Context
On a daily chart, use SMA and set lookbackPeriods to 50.
Helps identify breakout moves supported by strong volume.
How this is different from Trading View's Volume indicator:
The standard volume plot from trading view allows users to set a alert when the average line is crossed, but it does not allow you to set a custom percentage at which to trigger an alert. This indicator will allow you to set any percentage you wish to monitor and above that percentage threshold will trigger your alert.
===== ORIGINAL DESCRIPTION =====
Volume Spike Alert & Overlay
This indicator will display the following as an overlay on your chart:
Current volume
Average Volume
Threshold for Alert
Description:
This indicator will display the current bar volume based on the chart time frame,
display the average volume based on selected conditions,
allow user selectable threshold over the average volume to trigger an alert.
Options:
Average lookback period
Smoothing type
Alert Threshold %
Enable / Disable Each Value
Change Text Color
Change Background Color
Change Table location
Add/Remove extra row for placement in top corner
Usage Example:
I use this indicator to alert when the current volume exceeds the average volume by a specified percentage to alert to volume spikes.
Set the threshold to 25% in the settings
Create an alert by clicking on the 3 dots on the right of the indicator title on the chart
When the threshold is exceeded the alert will trigger
Liquidity Sweep Candlestick Pattern with MA Filter📌 Liquidity Sweep Candlestick Pattern with MA Filter
This custom indicator detects liquidity sweep candlestick patterns—price action events where the market briefly breaks a previous candle’s high or low to trap traders—paired with optional filters such as moving averages, color change candles, and strictness rules for better signal accuracy.
🔍 What is a Liquidity Sweep?
A liquidity sweep occurs when the price briefly breaks the high or low of a previous candle and then reverses direction. These events often occur around key support/resistance zones and are used by institutional traders to trap retail positions before moving the price in the intended direction.
🟢 Bullish Liquidity Sweep Criteria
The current candle is bullish (closes above its open).
The low of the current candle breaks the low of the previous candle.
The candle closes above the previous candle’s open.
Optionally, in Strict mode, it must also close above the previous candle’s high.
Optionally, it can be filtered to only show if the candle changed color from the previous one (e.g., red to green).
Can be filtered to only show when the price is above or below a moving average (if MA filter is enabled).
🔴 Bearish Liquidity Sweep Criteria
The current candle is bearish (closes below its open).
The high of the current candle breaks the high of the previous candle.
The candle closes below the previous candle’s open.
Optionally, in Strict mode, it must also close below the previous candle’s low.
Optionally, it can be filtered to only show if the candle changed color from the previous one (e.g., green to red).
Can be filtered to only show when the price is above or below a moving average (if MA filter is enabled).
⚙️ Features & Customization
✅ Signal Strictness
Choose between:
Less Strict (default): Basic wick break and close conditions.
Strict: Must close beyond the wick of the previous candle.
✅ Color Change Candles Only
Enable this to only show patterns when the candle color changes (e.g., from red to green or green to red). Helps filter fake-outs.
✅ Moving Average Filter (optional)
Supports several types of MAs: SMA, EMA, WMA, VWMA, RMA, HMA
Choose whether signals should only appear above or below the selected moving average.
✅ Custom Visuals
Show short (BS) or full (Bull Sweep / Bear Sweep) labels
Plot triangles or arrows to represent bullish and bearish sweeps
Customize label and shape colors
Optionally show/hide the moving average line
✅ Alerts
Includes alert options for:
Bullish sweep
Bearish sweep
Any sweep
📈 How to Use
Add the indicator to your chart.
Configure the strictness, color change, or MA filters based on your strategy.
Observe signals where price is likely to reverse after taking out liquidity.
Use with key support/resistance levels, order blocks, or volume zones for confluence.
⚠️ Note
This tool is for educational and strategy-building purposes. Always confirm signals with other indicators, context, and sound risk management.
Not-So-Average True Range (nsATR)Not-So-Average True Range (nsATR)
*By Sherlock_MacGyver*
---
Long Story Short
The nsATR is a complete overhaul of traditional ATR analysis. It was designed to solve the fundamental issues with standard ATR, such as lag, lack of contextual awareness, and equal treatment of all volatility events.
Key innovations include:
* A smarter ATR that reacts dynamically when price movement exceeds normal expectations.
* Envelope zones that distinguish between moderate and extreme volatility conditions.
* A long-term ATR baseline that adds historical context to current readings.
* A compression detection system that flags when the market is coiled and ready to break out.
This indicator is designed for traders who want to see volatility the way it actually behaves — contextually, asymmetrically, and with predictive power.
---
What Is This Thing?
Standard ATR (Average True Range) has limitations:
* It smooths too slowly (using Wilder's RMA), which delays detection of meaningful moves.
* It lacks context — no way to know if current volatility is high or low relative to history.
* It treats all volatility equally, regardless of scale or significance.
nsATR** was built from scratch to overcome these weaknesses by applying:
* Amplification of large True Range spikes.
* Visual envelope zones for detecting volatility regimes.
* A long-term context line to anchor current readings.
* Multi-factor compression analysis to anticipate breakouts.
---
Core Features
1. Breach Detection with Amplification
When True Range exceeds a user-defined threshold (e.g., ATR × 1.2), it is amplified using a power function to reflect nonlinear volatility. This amplified value is then smoothed and cascades into future ATR values, affecting the indicator beyond a single bar.
2. Direction Tagging
Volatility spikes are tagged as upward or downward based on basic price momentum (close vs previous close). This provides visual context for how volatility is behaving in real-time.
3. Envelope Zones
Two adaptive envelopes highlight the current volatility regime:
* Stage 1: Moderate volatility (default: ATR × 1.5)
* Stage 2: Extreme volatility (default: ATR × 2.0)
Breaching these zones signals meaningful expansion in volatility.
4. Long-Term Context Baseline
A 200-period simple moving average of the classic ATR establishes whether current readings are above or below long-term volatility expectations.
5. Multi-Signal Compression Detection
Flags potential breakout conditions when:
* ATR is below its long-term baseline
* Price Bollinger Bands are compressed
* RSI Bollinger Bands are also compressed
All three signals must align to plot a "Volatility Confluence Dot" — an early warning of potential expansion.
---
Chart Outputs
In the Indicator Pane:
* Breach Amplified ATR (Orange line)
* Classic ATR baseline (White line)
* Long-Term context baseline (Cyan line)
* Stage 1 and Stage 2 Envelopes (Purple and Yellow lines)
On the Price Chart:
* Triangles for breach direction (green/red)
* Diamonds for compression zones
* Optional background coloring for visual clarity
---
Alerts
Built-in alert conditions:
1. ATR breach detected
2. Stage 1 envelope breached
3. Stage 2 envelope breached
4. Compression zone detected
---
Customization
All components are modular. Traders can adjust:
* Display toggles for each visual layer
* Colors and line widths
* Breach threshold and amplification power
* Envelope sensitivity
* Compression sensitivity and lookback windows
Some options are disabled by default to reduce clutter but can be turned on for more aggressive signal detection.
---
Real-Time Behavior (Non-Repainting Clarification)
The indicator updates in real time on the current bar as new data comes in. This is expected behavior for live trading tools. Once a bar closes, values do not change. In other words, the indicator *does not repaint history* — but the current bar can update dynamically until it closes.
---
Use Cases
* Day traders: Use compression zones to anticipate volatility surges.
* Swing traders: Use envelope breaches for regime awareness.
* System developers: Replace standard ATR in your logic for better responsiveness.
* Risk managers: Use directional volatility signals to better model exposure.
---
About the Developer
Sherlock_MacGyver develops original trading systems that question default assumptions and solve real trader problems.
Session-Based Sentiment Oscillator [TradeDots]Track, analyze, and monitor market sentiment across global trading sessions with this advanced multi-session sentiment analysis tool. This script provides session-specific sentiment readings for Asian (Tokyo), European (London), and US (New York) markets, combining price action, volume analysis, and volatility factors into a comprehensive sentiment oscillator. It is an original indicator designed to help traders understand regional market psychology and capitalize on cross-session sentiment shifts directly on TradingView.
📝 HOW IT WORKS
1. Multi-Component Sentiment Engine
Price Action Momentum : Calculates normalized price movement relative to recent trading ranges, providing directional sentiment readings.
Volume-Weighted Analysis : When volume data is available, incorporates volume flow direction to validate price-based sentiment signals.
Volatility-Adjusted Factors : Accounts for changing market volatility conditions by comparing current ATR against historical averages.
Weighted Combination : Merges all components using optimized weightings (Price: 1.0, Volume: 0.3, Volatility: 0.2) for balanced sentiment readings.
2. Session-Segregated Tracking
Automatic Session Detection : Precisely identifies active trading sessions based on user-configured time parameters.
Independent Calculations : Maintains separate sentiment accumulation for each major session, updated only during respective active hours.
Historical Preservation : Stores session-specific sentiment values even when sessions are closed, enabling cross-session comparison.
Real-Time Updates : Continuously processes sentiment during active sessions while preserving inactive session data.
3. Cross-Session Transition Analysis
Sentiment Differential Detection : Monitors sentiment changes when transitioning between trading sessions.
Configurable Thresholds : Generates signals only when sentiment shifts exceed user-defined minimum thresholds.
Directional Signals : Provides distinct bullish and bearish transition alerts with visual markers.
Smart Filtering : Applies smoothing algorithms to reduce false signals from minor sentiment variations.
⚙️ KEY FEATURES
1. Session-Specific Dashboard
Real-Time Status Display : Shows current session activity (ACTIVE/CLOSED) for all three major sessions.
Sentiment Percentages : Displays precise sentiment readings as percentages for easy interpretation.
Strength Classification : Automatically categorizes sentiment as HIGH (>50%), MEDIUM (20-50%), or LOW (<20%).
Customizable Positioning : Place dashboard in any corner with adjustable size options.
2. Advanced Signal Generation
Transition Alerts : Triangle markers indicate significant sentiment shifts between sessions.
Extreme Conditions : Diamond markers highlight overbought/oversold threshold breaches.
Configurable Sensitivity : Adjust signal thresholds from 0.05 to 0.50 based on trading style.
Alert Integration : Built-in TradingView alert conditions for automated notifications.
3. Forex Currency Strength Analysis
Base/Quote Decomposition : For forex pairs, separates sentiment into individual currency strength components.
Major Currency Support : Analyzes USD, EUR, GBP, JPY, CHF, CAD, AUD, NZD strength relationships.
Relative Strength Display : Shows which currency is driving pair movement during active sessions.
4. Visual Enhancement System
Session Background Colors : Distinct background shading for each active trading session.
Overbought/Oversold Zones : Configurable extreme sentiment level visualization with colored zones.
Multi-Timeframe Compatibility : Works across all timeframes while maintaining session accuracy.
Customizable Color Schemes : Full color customization for dashboard, signals, and plot elements.
🚀 HOW TO USE IT
1. Add the Script
Search for "Session-Based Sentiment Oscillator " in the Indicators tab or manually add it to your chart. The indicator will appear in a separate pane below your main chart.
2. Configure Session Times
Asian Session : Set Tokyo market hours (default: 00:00-09:00) based on your chart timezone.
European Session : Configure London market hours (default: 07:00-16:00) for European analysis.
US Session : Define New York market hours (default: 13:00-22:00) for American markets.
Timezone Adjustment : Ensure session times match your broker's specifications and account for daylight saving changes.
3. Optimize Analysis Parameters
Sentiment Period : Choose 5-50 bars (default: 14) for sentiment calculation lookback period.
Smoothing Settings : Select 1-10 bars smoothing (default: 3) with SMA, EMA, or RMA options.
Component Selection : Enable/disable volume analysis, price action, and volatility factors based on available data.
Signal Sensitivity : Adjust threshold from 0.05-0.50 (default: 0.15) for transition signal generation.
4. Interpret Readings and Signals
Positive Values : Indicate bullish sentiment for the active session.
Negative Values : Suggest bearish sentiment conditions.
Dashboard Status : Monitor which session is currently active and their respective sentiment strengths.
Transition Signals : Watch for triangle markers indicating significant cross-session sentiment changes.
Extreme Alerts : Note diamond markers when sentiment reaches overbought (>70%) or oversold (<-70%) levels.
5. Set Up Alerts
Configure TradingView alerts for:
- Bullish session transitions
- Bearish session transitions
- Overbought condition alerts
- Oversold condition alerts
❗️LIMITATIONS
1. Data Dependency
Volume Requirements : Volume-based analysis only functions when volume data is provided by your broker. Many forex brokers do not supply reliable volume data.
Price Action Focus : In absence of volume data, sentiment calculations rely primarily on price movement and volatility factors.
2. Session Time Sensitivity
Manual Adjustment Required : Session times must be manually updated for daylight saving time changes.
Broker Variations : Different brokers may have slightly different session definitions requiring time parameter adjustments.
3. Ranging Market Limitations
Trend Bias : Sentiment calculations may be less reliable during extended sideways or low-volatility market conditions.
Lag Consideration : As with all sentiment indicators, readings may lag during rapid market transitions.
4. Regional Market Focus
Major Session Coverage : Designed primarily for major global sessions; may not capture sentiment from smaller regional markets.
Weekend Gaps : Does not account for weekend gap effects on sentiment calculations.
⚠️ RISK DISCLAIMER
Trading and investing carry significant risk and can result in financial loss. The "Session-Based Sentiment Oscillator " is provided for informational and educational purposes only. It does not constitute financial advice.
- Always conduct your own research and analysis
- Use proper risk management and position sizing in all trades
- Past sentiment patterns do not guarantee future market behavior
- Combine this indicator with other technical and fundamental analysis tools
- Consider overall market context and your personal risk tolerance
This script is an original creation by TradeDots, published under the Mozilla Public License 2.0.
Session-based sentiment analysis should be used as part of a comprehensive trading strategy. No single indicator can predict market movements with certainty. Exercise proper risk management and maintain realistic expectations about indicator performance across varying market conditions.
Candle Breakout Oscillator [LuxAlgo]The Candle Breakout Oscillator tool allows traders to identify the strength and weakness of the three main market states: bullish, bearish, and choppy.
Know who controls the market at any given moment with an oscillator display with values ranging from 0 to 100 for the three main plots and upper and lower thresholds of 80 and 20 by default.
🔶 USAGE
The Candle Breakout Oscillator represents the three main market states, with values ranging from 0 to 100. By default, the upper and lower thresholds are set at 80 and 20, and when a value exceeds these thresholds, a colored area is displayed for the trader's convenience.
This tool is based on pure price action breakouts. In this context, we understand a breakout as a close above the last candle's high or low, which is representative of market strength. All other close positions in relation to the last candle's limits are considered weakness.
So, when the bullish plot (in green) is at the top of the oscillator (values above 80), it means that the bullish breakouts (close below the last candle low) are at their maximum value over the calculation window, indicating an uptrend. The same interpretation can be made for the bearish plot (in red), indicating a downtrend when high.
On the other hand, weakness is indicated when values are below the lower threshold (20), indicating that breakouts are at their minimum over the last 100 candles. Below are some examples of the possible main interpretations:
There are three main things to look for in this oscillator:
Value reaches extreme
Value leaves extreme
Bullish/Bearish crossovers
As we can see on the chart, before the first crossover happens the bears come out of strength (top) and the bulls come out of weakness (bottom), then after the crossover the bulls reach strength (top) and the bears weakness (bottom), this process is repeated in reverse for the second crossover.
The other main feature of the oscillator is its ability to identify periods of sideways trends when the sideways values have upper readings above 80, and trending behavior when the sideways values have lower readings below 20. As we just saw in the case of bullish vs. bearish, sideways values signal a change in behavior when reaching or leaving the extremes of the oscillator.
🔶 DETAILS
🔹 Data Smoothing
The tool offers up to 10 different smoothing methods. In the chart above, we can see the raw data (smoothing: None) and the RMA, TEMA, or Hull moving averages.
🔹 Data Weighting
Users can add different weighting methods to the data. As we can see in the image above, users can choose between None, Volume, or Price (as in Price Delta for each breakout).
🔶 SETTINGS
Window: Execution window, 100 candles by default
🔹 Data
Smoothing Method: Choose between none or ten moving averages
Smoothing Length: Length for the moving average
Weighting Method: Choose between None, Volume, or Price
🔹 Thresholds
Top: 80 by default
Bottom: 20 by default
Dynamic Range Filter with Trend Candlesticks (Zeiierman)█ Overview
Dynamic Range Filter with Trend Candlesticks (Zeiierman) is a volatility-responsive trend engine that adapts in real-time to market structure, offering a clean and intelligent visualization of directional bias. It blends dynamic range calculation with customizable smoothing techniques and layered trend confirmation logic, making it ideal for traders who rely on clear trend direction, structural range analysis, and momentum-based candlestick signals.
By measuring scaled volatility over configurable lengths and applying advanced moving average techniques, this indicator filters out market noise while preserving true directional intent. Complementing this, a dual-trend system (range-based and candle-based) enhances clarity and responsiveness, particularly during shifting market conditions.
█ How It Works
⚪ Scaled Volatility Band Calculation
At the core lies a volatility engine that constructs adaptive range bands around price using smoothed high/low calculations. The bands are dynamically adjusted using:
High/Low Smoothing – Applies a moving average to the raw high and low data before calculating the range.
Scaled Range Volatility – A 2.618 multiplier scales the distance between smoothed highs and lows, forming a responsive volatility envelope.
Band Multiplier – Controls how wide the upper/lower range bands extend from the mean.
This filtering process minimizes false signals and highlights only structurally meaningful moves.
⚪ Multi-Type Smoothing Engine
Users can choose from a wide array of smoothing algorithms for trend construction, including:
HMA (default), SMA, EMA, RMA
KAMA – Adapts to market volatility using efficiency ratios.
VIDYA – Momentum-sensitive smoothing using CMO logic.
FRAMA – Dynamically adjusts to fractal dimension in price.
Super Smoother – Ideal for eliminating aliasing in range signals.
This provides the trader with fine-tuned control over reactivity vs. smoothness.
⚪ Trend Detection (Dual Engine)
The indicator includes two independent trend tracking systems:
Main Trend Filter – Based on adaptive volatility band shifts.
Candle Trend Filter – A second-tier confirmation using smoothed candle data, ideal for directional candles and confirmation entries.
█ How to Use
⚪ Trend Confirmation
Use the Trend Line and colored candlesticks for high-probability entries in the trend direction. The more trend layers that align, the higher the confidence.
⚪ Reversal Zones
When the price reaches the outer bands or fails to break them, look for candle color shifts or a crossover in the range to anticipate possible reversals or consolidations.
█ Settings
Scaled Volatility Length – Controls the lookback used to stabilize the base volatility band.
MA Type & Length – Choose and fine-tune the smoothing method (HMA, EMA, KAMA, etc.)
High/Low Smoother – Pre-smoothing for structural high/low banding.
Band Multiplier – Adjusts the width of the dynamic bands.
Trend Length (Candles) – Length used for candle-based trend confirmation.
-----------------
Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
CCI Divergence Detector
A technical analysis tool that identifies divergences between price action and the Commodity Channel Index (CCI) oscillator. Unlike standard divergence indicators, this system employs advanced gradient visualization, multi-layer wave effects, and comprehensive customization options to provide traders with crystal-clear divergence signals and market momentum insights.
Core Detection Mechanism
CCI-Based Analysis: The indicator utilizes the Commodity Channel Index as its primary oscillator, calculated from user-configurable source data (default: HLC3) with adjustable length parameters. The CCI provides reliable momentum readings that effectively highlight price-momentum divergences.
Dynamic Pivot Detection: The system employs adaptive pivot detection with three sensitivity levels (High/Normal/Low) to identify significant highs and lows in both price and CCI values. This dynamic approach ensures optimal divergence detection across different market conditions and timeframes.
Dual Divergence Analysis:
Regular Bullish Divergences: Detected when price makes lower lows while CCI makes higher lows, indicating potential upward reversal
Regular Bearish Divergences: Identified when price makes higher highs while CCI makes lower highs, signaling potential downward reversal
Strength Classification System: Each detected divergence is automatically classified into three strength categories (Weak/Moderate/Strong) based on:
-Price differential magnitude
-CCI differential magnitude
-Time duration between pivot points
-User-configurable strength multiplier
Advanced Visual System
Multi-Layer Wave Effects: The indicator features a revolutionary wave visualization system that creates depth through multiple gradient layers around the CCI line. The wave width dynamically adjusts based on ATR volatility, providing intuitive visual feedback about market conditions.
Professional Color Gradient System: Nine independent color inputs control every visual aspect:
Bullish Colors (Light/Medium/Dark): Control oversold areas, wave effects, and strong bullish signals
Bearish Colors (Light/Medium/Dark): Manage overbought zones, wave fills, and strong bearish signals
Neutral Colors (Light/Medium/Dark): Handle table elements, zero line, and transitional states
Intelligent Color Mapping: Colors automatically adapt based on CCI values:
Overbought territory (>100): Bearish color gradients with increasing intensity
Neutral positive (0 to 100): Blend from neutral to bearish tones
Oversold territory (<-100): Bullish color gradients with increasing intensity
Neutral negative (-100 to 0): Transition from neutral to bullish tones
Key Features & Components
Advanced Configuration System: Eight organized input groups provide granular control:
General Settings: System enable, pivot length, confidence thresholds
Oscillator Selection: CCI parameters, overbought/oversold levels, normalization options
Detection Parameters: Divergence types, minimum strength requirements
Sensitivity Tuning: Pivot sensitivity, divergence threshold, confirmation bars
Visual System: Line thickness, labels, backgrounds, table display
Wave Effects: Dynamic width, volatility response, layer count, glow effects
Transparency Controls: Independent transparency for all visual elements
Smoothing & Filtering: CCI smoothing types, noise filtering, wave smoothing
Professional Alert System: Comprehensive alert functionality with dynamic messages including:
-Divergence type and strength classification
-Current CCI value and confidence percentage
-Customizable alert frequency and conditions
Enhanced Information Table: Real-time display showing:
-Current CCI length and value
-Market status (Overbought/Normal/Oversold)
-Active sensitivity setting
Configurable table positioning (4 corner options)
Visual Elements Explained
Primary CCI Line: Main oscillator plot with gradient coloring that reflects market momentum and CCI intensity. Line thickness is user-configurable (1-8 pixels).
Wave Effect Layers: Multi-layer gradient fills creating a dynamic wave around the
CCI line:
-Outer layers provide broad market context
-Inner layers highlight immediate momentum
-Core layers show precise CCI movement
-All layers respond to volatility and momentum changes
Divergence Lines & Labels:
-Solid lines connecting divergence pivot points
-Color-coded based on divergence type and strength
-Labels displaying divergence type and strength classification
-Customizable transparency and size options
Reference Lines:
-Zero line with neutral color coding
-Overbought level (default: 100) with bearish coloring
-Oversold level (default: -100) with bullish coloring
Background Gradient: Optional background coloring that reflects CCI intensity and market conditions with user-controlled transparency (80-99%).
Configuration Options
Sensitivity Controls:
Pivot sensitivity: High/Normal/Low detection levels
Divergence threshold: 0.1-2.0 sensitivity range
Confirmation bars: 1-5 bar confirmation requirement
Strength multiplier: 0.1-3.0 calculation adjustment
Visual Customization:
Line transparency: 0-90% for main elements
Wave transparency: 0-95% for fill effects
Background transparency: 80-99% for subtle background
Label transparency: 0-50% for text elements
Glow transparency: 50-95% for glow effects
Advanced Processing:
Five smoothing types: None/SMA/EMA/RMA/WMA
Noise filtering with adjustable threshold (0.1-10.0)
CCI normalization for enhanced gradient scaling
Dynamic wave width with ATR-based volatility response
Interpretation Guidelines
Divergence Signals:
Strong divergences: High-confidence reversal signals requiring immediate attention
Moderate divergences: Reliable signals suitable for most trading strategies
Weak divergences: Early warning signals best combined with additional confirmation
Wave Intensity: Wave width and color intensity provide real-time volatility and momentum feedback. Wider, more intense waves indicate higher market volatility and stronger momentum.
Color Transitions: Smooth color transitions between bullish, neutral, and bearish states help identify market regime changes and momentum shifts.
CCI Levels: Traditional overbought (>100) and oversold (<-100) levels remain relevant, but the gradient system provides more nuanced momentum reading between these extremes.
Technical Specifications
Compatible Timeframes: All timeframes supported
Maximum Labels: 500 (for divergence marking)
Maximum Lines: 500 (for divergence drawing)
Pine Script Version: v5 (latest optimization)
Overlay Mode: False (separate pane indicator)
Usage Recommendations
This indicator works best when:
-Combined with price action analysis and support/resistance levels
-Used across multiple timeframes for confirmation
-Integrated with proper risk management protocols
-Applied in trending markets for divergence-based reversal signals
-Utilized with other technical indicators for comprehensive analysis
Risk Disclaimer: Trading involves substantial risk of loss. This indicator is provided for analytical purposes only and does not constitute financial advice. Divergence signals, while powerful, are not guaranteed to predict future price movements. Past performance is not indicative of future results. Always use proper risk management and never trade with capital you cannot afford to lose.
True Range eXpansion🕯️ TRX — True Range eXpansion
Clean Candle Bodies · Volatility Bands · Adaptive Range Envelope System
Not your grandfather’s candles. Not your brokerage’s bands.
----------------------------------------------------
TRX begins with a simple concept: visualize the true range of every candle, without the noise of flickering wicks.
From there, it grows into a fully adaptive price visualization framework.
What started as a candle-only visualizer evolved into a modular, user-controlled price engine.
From wickless candle clarity to dynamic volatility envelopes, TRX adapts to you.
There are plenty of band and channel indicators out there — Bollinger, Keltner, Donchian, Envelope, the whole crew.
But none of them are built on the true candle range, adaptive ATR shaping, and full user control like TRX.
This isn’t just another indicator — it’s a new framework.
Most bands and channels are based on close price and statistical deviation — useful, but limited.
TRX uses the full true range of each candle as its foundation, then applies customizable smoothing and directional ATR scaling to form a dynamic, volatility-reactive envelope.
The result? Bands that breathe with the market — not lag behind it.
----------------------------------------------------
🔧 Core Features:
🕯️ True Range Candles — Each candle is plotted from low to high, body-only, colored by open/close.
📈 Adjustable High/Low Moving Averages — Select your smoothing style: SMA, EMA, WMA, RMA, or HMA.
🌬️ ATR-Based Expansion — Bands dynamically breathe based on market volatility.
🔀 Per-Band Multipliers — Fine-tune expansion individually for the upper and lower bands.
⚖️ Basis Line — Optional centerline between bands for structure tracking and equilibrium zones.
🎛️ Full Visual Control — Width, transparency, color, on/off toggles for each element.
----------------------------------------------------
🧠 Default Use Case:
With the included default settings, TRX behaves like an evolved Bollinger Band system — based on True Range candle structure, not just close price and standard deviation.
----------------------------------------------------
🔄 How to Zero Out the Bands (for Minimalist Use):
Want just candles? A clean MA? Single band? You got it.
➤ Use TRX like a clean moving average:
• Set ATR Multiplier to 0
• Set both Band ATR Adjustments to 0
• Leave the Basis Line ON or OFF — your call
➤ Show only candles (no bands at all):
• Turn off "Show High/Low MAs"
• Turn off Basis Line
➤ Single-line ceiling or floor tracking:
• Set one band’s Transparency to 100
• Use the remaining band as a price envelope or support/resistance guide
----------------------------------------------------
🧬 Notes:
TRX can be made:
• Spiky or silky (via smoothing & ATR)
• Wide or tight (via multipliers)
• Subtle or aggressive (via color/transparency)
• Clean as a compass or dirty as a chaos meter
Built by accident. Tuned with intention.
Released to the world as one of the most adaptable and expressive visual overlays ever made.
Created by Sherlock_MacGyver
EMD Trend [InvestorUnknown]EMD Trend is a dynamic trend-following indicator that utilizes Exponential Moving Deviation (EMD) to build adaptive channels around a selected moving average. Designed for traders who value responsive trend signals with built-in volatility sensitivity, this tool highlights directional bias, market regime shifts, and potential breakout opportunities.
How It Works
Instead of using standard deviation, EMD Trend employs the exponential moving average of the absolute deviation from a moving average—producing smoother, faster-reacting upper and lower bounds:
Bullish (Risk-ON Long): Price crosses above the upper EMD band
Bearish (Risk-ON Short): Price crosses below the lower EMD band
Neutral: Price stays within the channel, indicating potential mean reversion or low momentum
Trend direction is defined by price interaction with these bands, and visual cues (color-coded bars and fills) help quickly identify market conditions.
Features
7 Moving Average Types: SMA, EMA, HMA, DEMA, TEMA, RMA, FRAMA
Custom Price Source: Choose close, hl2, ohlc4, or others
EMD Multiplier: Controls the width of the deviation envelope
Bar Coloring: Candles change color based on current trend
Intra-bar Signal Option: Enables faster updates (with optional repainting)
Speculative Zones: Fills highlight aggressive momentum moves beyond EMD bounds
Backtest Mode
Switch to Backtest Mode for performance evaluation over historical data:
Equity Curve Plot: Compare EMD Trend strategy vs. Buy & Hold
Trade Metrics Table: View number of trades, win/loss stats, profits
Performance Metrics Table: Includes CAGR, Sharpe, max drawdown, and more
Custom Start Date: Select from which date the backtest should begin
Trade Sizing: Configure capital and trade percentage per entry
Signal Filters: Choose from Long Only, Short Only, or Both
Alerts
Built-in alerts let you automate entries, exits, and trend transitions:
LONG (EMD Trend) - Trend flips to Long
SHORT (EMD Trend) - Trend flips to Short
RISK-ON LONG - Price crosses above upper EMD band
RISK-OFF LONG - Price crosses back below upper EMD band
RISK-ON SHORT - Price crosses below lower EMD band
RISK-OFF SHORT - Price crosses back above lower EMD band
Use Cases
Trend Confirmation with volatility-sensitive boundaries
Momentum Entry Filtering via breakout zones
Mean Reversion Avoidance in sideways markets
Backtesting & Strategy Building with real-time metrics
Disclaimer
This indicator is intended for informational and educational purposes only. It does not constitute investment advice. Historical performance does not guarantee future results. Always backtest and use in simulation before live trading.
RMSD Trend [InvestorUnknown]RMSD Trend is a trend-following indicator that utilizes Root Mean Square Deviation (RMSD) to dynamically construct a volatility-weighted trend channel around a selected moving average. This indicator is designed to enhance signal clarity, minimize noise, and offer quantitative insights into market momentum, ideal for both discretionary and systematic traders.
How It Works
At its core, RMSD Trend calculates a deviation band around a selected moving average using the Root Mean Square Deviation (similar to standard deviation but with squared errors), capturing the magnitude of price dispersion over a user-defined period. The logic is simple:
When price crosses above the upper deviation band, the market is considered bullish (Risk-ON Long).
When price crosses below the lower deviation band, the market is considered bearish (Risk-ON Short).
If price stays within the band, the market is interpreted as neutral or ranging, offering low-risk decision zones.
The indicator also generates trend flips (Long/Short) based on crossovers and crossunders of the price and the RMSD bands, and colors candles accordingly for enhanced visual feedback.
Features
7 Moving Average Types: Choose between SMA, EMA, HMA, DEMA, TEMA, RMA, and FRAMA for flexibility.
Customizable Source Input: Use price types like close, hl2, ohlc4, etc.
Volatility-Aware Channel: Adjustable RMSD multiplier determines band width based on volatility.
Smart Coloring: Candles and bands adapt their colors to reflect trend direction (green for bullish, red for bearish).
Intra-bar Repainting Toggle: Option to allow more responsive but repaintable signals.
Speculation Fill Zones: When price exceeds the deviation channel, a semi-transparent fill highlights potential momentum surges.
Backtest Mode
Switching to Backtest Mode unlocks a robust suite of simulation features:
Built-in Equity Curve: Visualizes both strategy equity and Buy & Hold performance.
Trade Metrics Table: Displays the number of trades, win rates, gross profits/losses, and long/short breakdowns.
Performance Metrics Table: Includes key stats like CAGR, drawdown, Sharpe ratio, and more.
Custom Date Range: Set a custom start date for your backtest.
Trade Sizing: Simulate results using position sizing and initial capital settings.
Signal Filters: Choose between Long & Short, Long Only, or Short Only strategies.
Alerts
The RMSD Trend includes six built-in alert conditions:
LONG (RMSD Trend) - Trend flips from Short to Long
SHORT (RMSD Trend) - Trend flips from Long to Short
RISK-ON LONG (RMSD Trend) - Price crosses above upper RMSD band
RISK-OFF LONG (RMSD Trend) - Price falls back below upper RMSD band
RISK-ON SHORT (RMSD Trend) - Price crosses below lower RMSD band
RISK-OFF SHORT (RMSD Trend) - Price rises back above lower RMSD band
Use Cases
Trend Confirmation: Confirms directional bias with RMSD-weighted confidence zones.
Breakout Detection: Highlights moments when price breaks free from historical volatility norms.
Mean Reversion Filtering: Avoids false signals by incorporating RMSD’s volatility sensitivity.
Strategy Development: Backtest your signals or integrate with a broader system for alpha generation.
Settings Summary
Display Mode: Overlay (default) or Backtest Mode
Average Type: Choose from SMA, EMA, HMA, DEMA, etc.
Average Length: Lookback window for moving average
RMSD Multiplier: Band width control based on RMS deviation
Source: Input price source (close, hl2, ohlc4, etc.)
Intra-bar Updating: Real-time updates (may repaint)
Color Bars: Toggle bar coloring by trend direction
Disclaimer
This indicator is provided for educational and informational purposes only. It is not financial advice. Past performance, including backtest results, is not indicative of future results. Use with caution and always test thoroughly before live deployment.
Customizable 10‑MA SuiteCustomizable 10‑Moving‑Average Suite
OverviewPlot up to 10 independent moving averages on a single chart. Every line can be tailored to your trading style with adjustable length, timeframe, MA type (SMA, EMA, WMA, RMA, VWMA, HMA, LinReg), data source, colour, width, and plot style.
Key Features
True multi‑time‑frame support via request.security(): mix intraday and higher‑time‑frame MAs effortlessly.
Fine‑grained visibility control: toggle each MA on/off to keep charts clean and script performance high.
Versatile display options: choose between line, step, histogram, or area plots for every MA.
Typical Use‑Cases
Quickly compare short‑, medium‑, and long‑term trends.
Identify dynamic support/resistance and moving‑average crossovers.
Add confluence to existing strategies or discretionary setups.
Pro TipHighlight your primary trend MA with a thicker line and bolder colour, while setting secondary MAs to thinner or dashed styles—this keeps focus where it matters and prevents visual clutter.
Enjoy!
StochRSI Context EngineThe StochRSI Context Engine is a premium, logic-driven indicator built to provide comprehensive intraday momentum context using multi-timeframe Stochastic RSI analysis. Rather than issuing direct buy or sell signals, the tool is designed to give traders enhanced clarity on trend posture, overbought/oversold conditions, volatility states, and potential momentum reversals. It combines multiple layers of signal processing to deliver an intelligent overview of market conditions in real time.
What it does:
The indicator performs a multi-timeframe evaluation of the Stochastic RSI, sampling values from four customizable timeframes (default: 5m, 15m, 1h, 4h). These values are blended and processed through a series of analytical engines to provide the following:
1. StochRSI Multi-Timeframe Engine
* Computes a smoothed Stochastic RSI value on each selected timeframe.
* Applies user-defined smoothing (SMA, EMA, RMA, or WMA).
* Aggregates these into an average (sRSIavg) for further analysis.
2. Trend and Volatility Engine
* Uses EMA stacking logic (8, 21, 50) to determine directional alignment.
* Calculates linear regression slope for directional bias.
* Assesses volatility using ATR relative to price.
* Derives a trendScore based on EMA alignment, price position, and slope strength.
3. Bias and Slope Analysis
* Measures fast/slow EMA slope differentials to detect bias direction and strength.
* Computes slope deltas and volatility-weighted stacking to score bias conditions.
* Outputs a classification such as strong bullish, moderate bearish, or neutral.
4. Dynamic OB/OS Zone Detection
* Adapts overbought and oversold thresholds based on volatility and trend regime.
* Adjusts the zone boundaries if in a trending or high-volatility environment.
5. Microzone Proximity Detection
* Tracks whether the average StochRSI is approaching key OB/OS thresholds.
* Flags conditions like “Near Overbought,” “Near Oversold,” or “Mid Range.”
6. Velocity and Acceleration Detection
* Measures how quickly StochRSI values are changing.
* Uses delta calculations to gauge the momentum’s thrust or decay.
* Classifies shifts in RSI movement (e.g., flat, slow, fast, or thrusting).
7. Range Expansion / Compression Engine
* Evaluates whether StochRSI values across timeframes are diverging or compressing.
* Identifies regime changes in momentum coherence.
8. Momentum Scoring System
* Calculates a composite score based on bias, slope strength, volatility, and range.
* Labels momentum phases from dormant to full-throttle.
9. Confluence Detection
* Tallies how many of the 4 timeframes are currently overbought or oversold.
* High confluence increases the probability of valid reversal or continuation zones.
10. Support and Resistance Zone Memory
* Tracks and plots previous areas where StochRSI bounced or rejected near zones.
* Stores and updates these zones over time, acting as momentum-based S/R levels.
* Includes a proximity check to cluster zones that are close in value.
11. Divergence Detection Engine
* Detects classic bullish or bearish divergence between price and the aggregated StochRSI.
* Draws lines to show divergence structure and triggers real-time alerts.
12. Smart Background Highlighting
* Shades the background based on whether current StochRSI is in an overbought, oversold, or
neutral zone.
13. Real-Time Dashboard
* Displays trend, bias, confluence count, velocity, divergence state, momentum score, and
more.
* Dynamically updates and is optimized for top-right screen positioning with compact
formatting.
14. Smart Alerts
* Issues alerts for divergence detection and high-confluence reversal conditions.
15. Real-Time Labels on Curves
* Shows the selected timeframes alongside each plotted StochRSI line to clarify source data.
What it’s based on:
* Stochastic RSI as the core input signal, providing normalized momentum across timeframes.
* EMA stacking logic, adapted from institutional trend-following models.
* Volatility normalization using ATR to adapt thresholds in high vs. low volatility environments.
* Slope forecasting using linear regression to infer directional conviction.
* Bias analysis modeled on a composite of EMA distance, alignment, and directional thrust.
* Support/resistance zone memory derived from repeated interaction with dynamic OB/OS thresholds.
* Divergence logic based on localized price and oscillator peaks/troughs.
* Multi-factor confidence scoring, aggregating up to 6 inputs to rate market clarity.
This script is for educational and informational purposes only. It does not generate trade signals or provide financial advice. It is not intended to be used as a standalone system for trading or investment decisions. Use at your own discretion. Always confirm with your broader strategy and risk management practices.
MFI Candle Trend🎯 Purpose:
The MFI Candle Trend is a custom TradingView indicator that transforms the Money Flow Index (MFI) into candle-style visuals using various smoothing and transformation techniques. Rather than displaying MFI as a line, this script generates synthetic candles from MFI values, helping traders visualize money flow trends, strength, and potential reversals with more clarity.
📌 Trend strength can be analyzed based on buying and selling pressures in the trend direction.
🧩 How It Works:
Calculates MFI values for open, high, low, and close prices.
Applies optional smoothing using the user-selected moving average (EMA, SMA, WMA, etc.).
Transforms the smoothed MFI data into synthetic candles using a selected method:
Normal: Uses raw MFI data
Heikin-Ashi: Applies HA transformation to MFI
Linear: Uses linear regression on MFI values
Rational Quadratic: Applies advanced rational quadratic filtering via an external kernel library
Colors candles based on MFI momentum:
Cyan: Strong positive MFI movement
Red: Strong negative MFI movement
⚙️ Key Inputs:
Method:
The type of smoothing method to apply to MFI
Options: None, EMA, SMA, SMMA (RMA), WMA, VWMA, HMA, Mode
Length:
Period for both the MFI and smoothing calculation
Candle:
Selects the transformation mode for generating synthetic candles
Options: Normal, Heikin-Ashi, Linear, Rational Quadratic
Rational Quadratic:
Adjusts the depth of smoothing for the Rational Quadratic filter (applies only if selected)
📊 Outputs:
Synthetic MFI Candlesticks:
Plotted using the smoothed and transformed MFI values.
Dynamic Coloring:
Cyan when MFI momentum is increasing
Red when MFI momentum is decreasing
Horizontal Lines:
80: Overbought zone
20: Oversold zone
🧠 Why Use This Indicator?
Unlike traditional MFI indicators that use a line plot, this tool gives traders:
A candle-based visualization of money flow momentum
Enhanced trend and reversal detection using color-coded MFI candles
A choice of smoothing filters and transformations for noise reduction
A powerful combination of momentum and structure-based analysis
To combine volume and price strength into a single chart element
❗Important Note:
This indicator is for educational and analytical purposes only. It does not constitute financial advice. Always use proper risk management and validate with additional tools or analysis.
Crypto_in_details_MAlibCrypto_in_details_MaLib — Advanced Moving Average Library for Pine Script
Overview:
Crypto_in_details_MaLib is a comprehensive, performance-optimized Moving Average (MA) library designed specifically for Pine Script v6 users seeking advanced technical analysis tools. Developed by Crypto_in_details, this library consolidates the most popular and sophisticated MA calculation methods — including classical, weighted, exponential, and Hull variants — into one seamless package.
Key Features:
Implements a wide range of Moving Averages: SMA, EMA, WMA, RMA, VWMA, HMA, TEMA, EHMA, THMA.
Designed for precision and flexibility — suitable for diverse trading strategies and indicator development.
Fully typed functions compatible with Pine Script v6 standards.
Simplifies your scripting workflow by providing ready-to-use MA functions via clean and easy-to-import methods.
Well-documented and maintained by an experienced Pine Script developer.
Why Use Crypto_in_details_MaLib?
Gain access to advanced MA calculations that enhance trend analysis, smoothing, and signal accuracy.
Save time on coding complex moving averages from scratch.
Easily extend or combine with your own strategies or indicators for improved performance.
Rely on a tested and community-driven solution backed by a prolific Pine Script author.
Ideal for:
Traders and developers building custom indicators or strategies requiring versatile MA techniques.
Anyone looking to improve their Pine Script efficiency and code maintainability.
Pine Script enthusiasts wanting a professional-grade MA toolkit.
Moving Average Candles**Moving Average Candles — MA-Based Smoothed Candlestick Overlay**
This script replaces traditional price candles with smoothed versions calculated using various types of moving averages. Instead of plotting raw price data, each OHLC component (Open, High, Low, Close) is independently smoothed using your selected moving average method.
---
### 📌 Features:
- Choose from 13 MA types: `SMA`, `EMA`, `RMA`, `WMA`, `VWMA`, `HMA`, `T3`, `DEMA`, `TEMA`, `KAMA`, `ZLEMA`, `McGinley`, `EPMA`
- Fully configurable moving average length (1–1000)
- Color-coded candles based on smoothed Open vs Close
- Works directly on price charts as an overlay
---
### 🎯 Use Cases:
- Visualize smoothed market structure more clearly
- Reduce noise in price action for better trend analysis
- Combine with other indicators or strategies for confluence
---
> ⚠️ **Note:** Since all OHLC values are based on moving averages, these candles do **not** represent actual market trades. Use them for trend and structure analysis, not trade entries based on precise levels.
---
*Created to support traders seeking a cleaner visual representation of price dynamics.*
Stochastic XThe "Stochastic X" script is a customizable momentum oscillator designed to help traders identify potential overbought and oversold conditions, as well as trend reversals, by analyzing the relationship between a security's closing price and its price range over a specified period. This indicator is particularly useful for traders looking to fine-tune their entry and exit points based on momentum shifts.
🔧 Indicator Settings and Customization
The script offers several user-configurable settings to tailor the indicator to specific trading strategies:
In addition to the source type, %K Period, %D Period, and Signal line periods you can now change moving average calculation for the stochastic and signal lines.
This script allows selection among various moving average methods (e.g., SMA, EMA, WMA, T3) for smoothing the %K and signal lines. Different methods can affect the responsiveness of the indicator.
🎨 Interpreting Background Colors
The script enhances visual analysis by changing the background color of the indicator panel based on the %K line's value:
Green Background: Indicates that the %K line is above 50, suggesting bullish momentum.
Red Background: Signifies that the %K line is below 50, pointing to bearish momentum.
Light Green Overlay: Appears when the %K line exceeds 80, highlighting overbought conditions.
Light Red Overlay: Shows up when the %K line falls below 20, indicating oversold conditions.
These visual cues assist traders in quickly assessing market momentum and potential reversal.
📈 Trading Strategies Using Stochastic X
Traders can utilize the Stochastic X indicator in various ways:
Overbought/Oversold Conditions:
A %K value above 80 may suggest that the asset is overbought, potentially signaling a price correction.
A %K value below 20 could indicate that the asset is oversold, possibly leading to a price rebound.
Signal Line Crossovers:
When the %K line crosses above the signal line, it may be interpreted as a bullish signal.
Conversely, a %K line crossing below the signal line might be seen as a bearish signal.
Divergence Analysis:
If the price makes a new high while the %K line does not, this bearish divergence could precede a price decline.
If the price hits a new low but the %K line forms a higher low, this bullish divergence might signal an upcoming price increase.
Trend Confirmation:
Sustained %K values above 50 can confirm an uptrend.
Persistent %K values below 50 may validate a downtrend.
In this chart, observe how the background colors change in response to the %K line's value, providing immediate visual feedback on market conditions. The crossovers between the %K and signal lines offer potential entry and exit points, while the overbought and oversold overlays help identify possible reversal zones.
⚙️ Adjusting Settings for Optimal Use
The Stochastic X indicator's flexibility allows traders to adjust settings to match their trading style and the specific asset's behavior:
Short-Term Trading: Use shorter periods (e.g., 5 for %K) and more responsive moving averages (e.g., WMA, VWMA, EMA, DEMA, TEMA, HMA) to capture quick market movements.
Long-Term Trading: Opt for longer periods (e.g., 14 for %K) and smoother moving averages (e.g., SMA, RMA, T3) to filter out noise and focus on broader trends.
Volatile Markets: Consider using the T3 moving average for its smoothing capabilities, helping to reduce false signals in choppy markets.
By experimenting with different settings, traders can fine-tune the indicator to better suit their analysis and improve decision-making.
