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Chronos Reversal Labs🧬 Chronos Reversal Lab - Machine Learning Market Structure Analysis OVERVIEW Chronos Reversal Lab (CRL) is an advanced market structure analyzer that combines computational intelligence kernels with classical technical analysis to identify high-probability reversal opportunities. The system integrates Shannon Entropy analysis, Detrended Fluctuation Analysis (DFA), Kalman adaptive filtering, and harmonic pattern recognition into a unified confluence-based signal engine. WHAT MAKES IT ORIGINAL Unlike traditional reversal indicators that rely solely on oscillators or pattern recognition, CRL employs a multi-kernel machine learning approach that analyzes market behavior through information theory, statistical physics, and adaptive state-space estimation. The system combines these computational methods with geometric pattern analysis and market microstructure to create a comprehensive reversal detection framework. HOW IT WORKS (Technical Methodology) 1. COMPUTATIONAL KERNELS Shannon Entropy Analysis Measures market uncertainty using information theory: • Discretizes price returns into bins (user-configurable 5-20 bins) • Calculates probability distribution entropy over lookback window • Normalizes entropy to 0-1 scale (0 = perfectly predictable, 1 = random) • Low entropy states (< 0.3 default) indicate algorithmic clarity phases • When entropy drops, directional moves become statistically more probable Detrended Fluctuation Analysis (DFA) Statistical technique measuring long-range correlations: • Analyzes price series across multiple box sizes (4 to user-set maximum) • Calculates fluctuation scaling exponent (Alpha) • Alpha > 0.5: Trend persistence (momentum regime) • Alpha < 0.5: Mean reversion tendency (reversal regime) • Alpha range 0.3-1.5 mapped to trading strategies Kalman Adaptive Filter State-space estimation for lag-free trend tracking: • Maintains separate fast and slow Kalman filters • Process noise and measurement noise are user-configurable • Tracks price state with adaptive gain adjustments • Calculates acceleration (second derivative) for momentum detection • Provides cleaner trend signals than traditional moving averages 2. HARMONIC PATTERN DETECTION Identifies geometric reversal patterns: • Gartley: 0.618 AB/XA, 0.786 AD/XA retracement • Bat: 0.382-0.5 AB/XA, 0.886 AD/XA retracement • Butterfly: 0.786 AB/XA, 1.272-1.618 AD/XA extension • Cypher: 0.382-0.618 AB/XA, 0.786 AD/XA retracement Pattern Validation Process: • Requires alternating swing structure (XABCD points) • Fibonacci ratio tolerance: 0.02-0.20 (user-adjustable precision) • Minimum 50% ratio accuracy score required • PRZ (Potential Reversal Zone) calculated around D point • Zone size: ATR-based with pattern-specific multipliers • Active pattern tracking with 100-bar invalidation window 3. MARKET STRUCTURE ANALYSIS Swing Point Detection: • Pivot-based swing identification (3-21 bars configurable) • Minimum swing size: ATR multiples (0.5-5.0x) • Adaptive filtering: volatility regime adjustment (0.7-1.3x) • Swing confirmation tracking with RSI and volume context • Maintains structural history (up to 500 swings) Break of Structure (BOS): • Detects price crossing previous swing highs/lows • Used for trend continuation vs reversal classification • Optional requirement for signal validation Support/Resistance Detection: • Identifies horizontal levels from swing clusters • Touch counting algorithm (price within ATR×0.3 tolerance) • Weighted by recency and number of tests • Dynamic updating as structure evolves 4. CONFLUENCE SCORING SYSTEM Multi-factor analysis with regime-aware weighting: Hierarchical Kernel Logic: • Entropy gates advanced kernel activation • Only when entropy < threshold do DFA and Kalman accelerate scoring • Prevents false signals during chaotic (high entropy) conditions Scoring Components: ML Kernels (when entropy low): • Low entropy + trend alignment: +3.0 points × trend weight • DFA super-trend (α>1.5): +4.0 points × trend weight • DFA persistence (α>0.65): +2.5 points × trend weight • DFA mean-reversion (α<0.35): +2.0 points × mean-reversion weight • Kalman acceleration: up to +3.0 points (scaled by magnitude) Classical Technical Analysis: • RSI oversold (<30) / overbought (>70): +1.5 points • RSI divergence (bullish/bearish): +2.5 points • High relative volume (>1.5x): +0-2.0 points (scaled) • Volume impulse (>2.0x): +1.5 points • VWAP extremes: +1.0 point • Trend alignment (Kalman fast vs slow): +1.5 points • MACD crossover/momentum: +1.0 point Structural Factors: • Near support (within 0.5 ATR): +0-2.0 points (inverse distance) • Near resistance (within 0.5 ATR): +0-2.0 points (inverse distance) • Harmonic PRZ zone: +3.0 to +6.0 points (pattern score dependent) • Break of structure: +1.5 points Regime Adjustments: • Trend weight: 1.5× in trend regime, 0.5× in mean-reversion • Mean-reversion weight: 1.5× in MR regime, 0.5× in trend • Volatility multiplier: 0.7-1.3× based on ATR regime • Theory mode multiplier: 0.8× (Conservative) to 1.2× (APEX) Final Threshold: Base threshold (default 3.5) adjusted by: • Theory mode: -0.3 (APEX) to +0.8 (Conservative) • Regime: +0.5 (high vol) to -0.3 (low vol or strong trend) • Filter: +0.2 if regime filter enabled 5. SIGNAL GENERATION ARCHITECTURE Five-stage validation process: Stage 1 - ML Kernel Analysis: • Entropy threshold check • DFA regime classification • Kalman acceleration confirmation Stage 2 - Structural Confirmation: • Market structure supports directional bias • BOS alignment (if required) • Swing point validation Stage 3 - Trigger Validation: • Engulfing candle (if required) • HTF bias confirmation (if strict HTF enabled) • Harmonic PRZ alignment (if confirmation enabled) Stage 4 - Consistency Check: • Anticipation depth: checks N bars back (1-13 configurable) • Ensures Kalman acceleration direction persists • Filters whipsaw conditions Stage 5 - Structural Soundness (Critical Filter): • Verifies adequate room before next major swing level • Long signals: must have >0.25 ATR clearance to last swing high • Short signals: must have >0.25 ATR clearance to last swing low • Prevents trades directly into obvious structural barriers Dynamic Risk Management: • Stop-loss: Placed beyond last structural swing ± 2 ticks • Take-profit 1: Risk × configurable R1 multiplier (default 1.5R) • Take-profit 2: Risk × configurable R2 multiplier (default 3.0R) • Confidence score: Calibrated 0-99% based on confluence + kernel boost 6. ADAPTIVE REGIME SYSTEM Continuous market state monitoring: Trend Regime: • Kalman fast vs slow positioning • Multi-timeframe alignment (optional HTF) • Strength: ATR-normalized fast/slow spread Volatility Regime: • Current ATR vs 100-bar average • Regime ratio: 0.7-1.3 typical range • Affects swing size filtering and cooldown periods Signal Cooldown: • Base: User-set bars (1-300) • High volatility (>1.5): cooldown × 1.5 • Low volatility (<0.5): cooldown × 0.7 • Post-BOS: minimum 20-bar cooldown enforced FOUR OPERATIONAL MODES CONSERVATIVE MODE: • Threshold adjustment: +0.8 • Mode multiplier: 0.8× • Strictest filtering for highest quality • Recommended for: Beginners, large accounts, swing trading • Expected signals: 3-5 per week (typical volatile instrument) BALANCED MODE: • Threshold adjustment: +0.3 • Mode multiplier: 1.0× • Standard operational parameters • Recommended for: General trading, learning phase • Expected signals: 5-10 per week APEX MODE: • Threshold adjustment: -0.3 • Mode multiplier: 1.2× • Maximum sensitivity, reduced cooldowns • Recommended for: Scalping, high volatility, experienced traders • Expected signals: 10-20 per week INSTITUTIONAL MODE: • Threshold adjustment: +0.5 • Mode multiplier: 1.1× • Enhanced structural weighting, HTF emphasis • Recommended for: Professional traders, swing positions • Expected signals: 4-8 per week VISUAL COMPONENTS 1. Fibonacci Retracement Levels • Auto-calculated from most recent swing structure • Standard levels: 0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%, 127.2%, 161.8%, 200%, 261.8% • Key levels emphasized (50%, 61.8%, 100%, 161.8%) • Color gradient from bullish to bearish based on level • Automatic cleanup when levels are crossed • Label intensity control (None/Fib only/All) 2. Support and Resistance Lines • Dynamic horizontal levels from swing clusters • Width: 2px solid lines • Colors: Green (support), Red (resistance) • Labels show price and level type • Touch-based validation (minimum 2 touches) • Real-time updates and invalidation 3. Harmonic PRZ Boxes • Displayed around pattern completion (D point) • Pattern-specific colors (Gartley: purple, Bat: orange, etc.) • Box height: ATR-based zone sizing • Score-dependent transparency • 100-bar active window before removal 4. Confluence Boxes • Appear when confluence ≥ threshold • Yellow/orange gradient based on score strength • Height: High to low of bar • Width: 1 bar on each side • Real-time score-based transparency 5. Kalman Filter Lines • Fast filter: Bullish color (green default) • Slow filter: Bearish color (red default) • Width: 2px • Transparency adjustable (0-90%) • Optional display toggle 6. Signal Markers • Long: Green triangle below bar (tiny size) • Short: Red triangle above bar (tiny size) • Appear only on confirmed signals • Includes alert generation 7. Premium Dashboard Features real-time metrics with visual gauges: Layout Options: • Position: 4 corners selectable • Size: Small (9 rows) / Normal (12 rows) / Large (14 rows) • Themes: Supreme, Cosmic, Vortex, Heritage Metrics Displayed: • Gamma (DFA - 0.5): Shows trend persistence vs mean-reversion • TCI (Trend Strength): ATR-normalized Kalman spread with gauge • v/c (Relative Volume): Current vs average with color coding • Entropy: Market predictability state with gauge • HFL (High-Frequency Line): Kalman fast/slow difference / ATR • HFL_acc (Acceleration): Second derivative momentum • Mem Bias: Net bullish-bearish confluence (-1 to +1) • Assurance: Confidence × (1-entropy) metric • Squeeze: Bollinger Band / Keltner Channel squeeze detection • Breakout P: Probability estimate from DFA + trend + acceleration • Score: Final confluence vs threshold (normalized) • Neighbors: Active harmonic patterns count • Signal Strength: Strong/Moderate/Weak classification • Signal Banner: Current directional bias with emoji indicators Gauge Visualization: • 10-bar horizontal gauges (█ filled, ░ empty) • Color-coded: Green (strong) / Gold (moderate) / Red (weak) • Real-time updates every bar HOW TO USE Step 1: Configure Mode and Resolution • Select Theory Mode based on trading style (Conservative/Balanced/APEX/Institutional) • Set Structural Resolution (Standard for fast markets, High for balanced, Ultra/Institutional for swing) • Enable Adaptive Filtering (recommended for all volatile assets) Step 2: Enable Desired Kernels • Shannon Entropy: Essential for predictability detection (recommended ON) • DFA Analysis: Critical for regime classification (recommended ON) • Kalman Filter: Provides lag-free trend tracking (recommended ON) • All three work synergistically; disabling reduces effectiveness Step 3: Configure Confluence Factors • Enable desired technical factors (RSI, MACD, Volume, Divergence) • Enable Liquidity Mapping for support/resistance proximity scoring • Enable Harmonic Detection if trading pattern-based setups • Adjust base confluence threshold (3.5 default; higher = fewer, cleaner signals) Step 4: Set Trigger Requirements • Require Engulfing: Adds precision, reduces frequency (recommended for Conservative) • Require BOS: Ensures structural alignment (recommended for trend-following) • Require Structural Soundness: Critical filter preventing traps (highly recommended) • Strict HTF Bias: For multi-timeframe traders only Step 5: Adjust Visual Preferences • Enable/disable Fibonacci levels, S/R lines, PRZ boxes, confluence boxes • Set label intensity (None/Fib/All) • Adjust transparency (0-90%) for overlay clarity • Configure dashboard position, size, and theme Step 6: Configure Alerts • Enable master alerts toggle • Select alert types: Anticipation, Confirmation, High Confluence, Low Entropy • Enable JSON details for automated trading integration Step 7: Interpret Signals • Wait for triangle markers (green up = long, red down = short) • Check dashboard for confluence score, entropy, DFA regime • Verify signal aligns with higher timeframe bias (if using HTF setting) • Confirm adequate space to take-profit levels (no nearby structural barriers) Step 8: Execute and Manage • Enter at close of signal candle (or next bar open) • Set stop-loss at calculated level (visible in alert if JSON enabled) • Scale out at TP1 (1.5R default), trail remaining to TP2 (3.0R default) • Exit early if entropy spikes >0.7 or DFA regime flips against position CUSTOMIZATION GUIDE Timeframe Optimization: Scalping (1-5 minutes): • Theory Mode: APEX • Anticipation Depth: 3-5 • Structural Resolution: STANDARD • Signal Cooldown: 8-12 bars • Enable fast kernels, disable HTF bias Day Trading (15m-1H): • Theory Mode: BALANCED • Anticipation Depth: 5-8 • Structural Resolution: HIGH • Signal Cooldown: 12-20 bars • Standard configuration Swing Trading (4H-Daily): • Theory Mode: INSTITUTIONAL • Anticipation Depth: 8-13 • Structural Resolution: ULTRA or INSTITUTIONAL • Signal Cooldown: 20-50 bars • Enable HTF bias, strict confirmations Market Type Optimization: Forex Majors: • All kernels enabled • Harmonic patterns effective • Balanced or Institutional mode • Standard settings work well Stock Indices: • Emphasis on volume analysis • DFA critical for regime detection • Conservative or Balanced mode • Enable liquidity mapping Cryptocurrencies: • Adaptive filtering essential • Higher volatility regime expected • APEX mode for active trading • Wider ATR multiples for swing sizing IMPORTANT DISCLAIMERS • This indicator does not predict future price movements • Computational kernels calculate probabilities, not certainties • Past confluence scores do not guarantee future signal performance • Always backtest on YOUR specific instruments and timeframes before live trading • Machine learning kernels require calibration period (minimum 100 bars of data) • Performance varies significantly across market conditions and regimes • Signals are suggestions for analysis, not automated trading instructions • Proper risk management (stops, position sizing) is mandatory • Complex calculations may impact performance on lower-end devices • Designed for liquid markets; avoid illiquid or gap-prone instruments PERFORMANCE CONSIDERATIONS Computational Intensity: • DFA analysis: Moderate (scales with length and box size parameters) • Entropy calculation: Moderate (scales with lookback and bins) • Kalman filtering: Low (efficient state-space updates) • Harmonic detection: Moderate to High (pattern matching across swing history) • Overall: Medium computational load Optimization Tips: • Reduce Structural Analysis Depth (144 default → 50-100 for faster performance) • Increase Calc Step (2 default → 3-4 for lighter load) • Reduce Pattern Analysis Depth (8 default → 3-5 if harmonics not primary focus) • Limit Draw Window (150 bars default prevents visual clutter on long charts) • Disable unused confluence factors to reduce calculations Best Suited For: • Liquid instruments: Major forex, stock indices, large-cap crypto • Active timeframes: 5-minute through daily (avoid tick/second charts) • Trending or ranging markets: Adapts to both via regime detection • Pattern traders: Harmonic integration adds geometric confluence • Multi-timeframe analysts: HTF bias and regime detection support this approach Not Recommended For: • Illiquid penny stocks or micro-cap altcoins • Markets with frequent gaps (stocks outside regular hours without gap adjustment) • Extremely fast timeframes (tick, second charts) due to calculation overhead • Pure mean-reversion systems (unless using CONSERVATIVE mode with DFA filters) METHODOLOGY NOTE The computational kernels (Shannon Entropy, DFA, Kalman Filter) are established statistical and signal processing techniques adapted for financial time series analysis. These are deterministic mathematical algorithms, not predictive AI models. The term "machine learning" refers to the adaptive, data-driven nature of the calculations, not neural networks or training processes. Confluence scoring is rule-based with regime-dependent weighting. The system does not "learn" from historical trades but adapts its sensitivity to current volatility and trend conditions through mathematical regime classification. SUPPORT & UPDATES • Questions about configuration or usage? Send me a message on TradingView • Feature requests are welcome for consideration in future updates • Bug reports appreciated and addressed promptly • I respond to messages within 24 hours • Regular updates included (improvements, optimizations, new features) FINAL REMINDERS • This is an analytical tool for confluence analysis, not a standalone trading system • Combine with your existing strategy, risk management, and market analysis • Start with paper trading to learn the system's behavior on your markets • Allow 50-100 signals minimum for performance evaluation • Adjust parameters based on YOUR timeframe, instrument, and trading style • No indicator guarantees profitable trades - proper risk management is essential — Dskyz, Trade with insight. Trade with anticipation.
Pine Script® indicator
by DskyzInvestments
4
ORBs, EMAs, SMAs, AVWAPThis is an update to a previously published script. In short the difference is the added capability to adjust the length of EMAs. Also added 3 customizable SMAs. Enjoy! Let me know what you think of the script please. This is only second one I have ever done. Through practice and people like @LuxAlgo and other Pinescripters this isn't possible. Tedious hrs with ChatGPT to correct nuances, who doesnt seem to learn from (insert pronoun) mistakes This all-in-one indicator combines key institutional tools into a unified framework for intraday and swing trading. Designed for traders who use multi-session analysis and dynamic levels, it automatically maps out global session breakouts, moving averages, and volume-weighted anchors with high clarity. Features include: 🕓 Tokyo, London, and New York ORBs (Opening Range Breakouts) — 30-minute configurable range boxes that persist until the next New York open. 📈 Anchored VWAP with Standard Deviation Bands — dynamically anchorable to session, week, or month for institutional-grade price tracking. 📊 Exponential Moving Averages (9, 20, 113, 200) — for short-, mid-, and long-term momentum structure. 📉 Simple Moving Averages (20, 50, 100) — fully customizable lengths, colors, and visibility toggles for trend confirmation. 🏁 Prior High/Low Levels (PDH/PDL, PWH/PWL, PMH/PML) — automatically plotted from previous day, week, and month, with labels placed at each session’s midpoint. 🎛️ Session-Aligned Time Logic — all time calculations use New York session anchors with DST awareness. 💡 Clean Visualization Options — every component can be toggled on/off, recolored, or customized for your workflow. Best used for: ORB break-and-retest setups VWAP and EMA rejections Confluence-based trading around key session levels Multi-session momentum tracking
Pine Script® indicator
by nh311009
1
Luxy Adaptive MA Cloud - Trend Strength & Signal Tracker V2Luxy Adaptive MA Cloud - Professional Trend Strength & Signal Tracker Next-generation moving average cloud indicator combining ultra-smooth gradient visualization with intelligent momentum detection. Built for traders who demand clarity, precision, and actionable insights. ═══════════════════════════════════════════════ WHAT MAKES THIS INDICATOR SPECIAL? ═══════════════════════════════════════════════ Unlike traditional MA indicators that show static lines, Luxy Adaptive MA Cloud creates a living, breathing visualization of market momentum. Here's what sets it apart: Exponential Gradient Technology This isn't just a simple fill between two lines. It's a professionally engineered gradient system with 26 precision layers using exponential density distribution. The result? An organic, cloud-like appearance where the center is dramatically darker (15% transparency - where crossovers and price action occur), while edges fade gracefully (75% transparency). Think of it as a visual "heat map" of trend strength. Dynamic Momentum Intelligence Most MA clouds only show structure (which MA is on top). This indicator shows momentum strength in real-time through four intelligent states: - 🟢 Bright Green = Explosive bullish momentum (both MAs rising strongly) - 🔵 Blue = Weakening bullish (structure intact, but momentum fading) - 🟠 Orange = Caution zone (bearish structure forming, weak momentum) - 🔴 Deep Red = Strong bearish momentum (both MAs falling) The cloud literally tells you when trends are accelerating or losing steam. Conditional Performance Architecture Every calculation is optimized for speed. Disable a feature? It stops calculating entirely—not just hidden, but not computed . The 26-layer gradient only renders when enabled. Toggle signals off? Those crossover checks don't run. This makes it one of the most efficient cloud indicators available, even with its advanced visual system. Zero Repaint Guarantee All signals and momentum states are based on confirmed bar data only . What you see in historical data is exactly what you would have seen trading live. No lookahead bias. No repainting tricks. No signals that "magically" appear perfect in hindsight. If a signal shows in history, it would have triggered in real-time at that exact moment. Educational by Design Every single input includes comprehensive tooltips with: - Clear explanations of what each parameter does - Practical examples of when to use different settings - Recommended configurations for scalping, day trading, and swing trading - Real-world trading impact ("This affects entry timing" vs "This is visual only") You're not just getting an indicator—you're learning how to use it effectively . ═══════════════════════════════════════════════ THE GRADIENT CLOUD - TECHNICAL DETAILS ═══════════════════════════════════════════════ Architecture: 26 precision layers for silk-smooth transitions Exponential density curve - layers packed tightly near center (where crossovers happen), spread wider at edges 75%-15% transparency range - center is highly opaque (15%), edges fade gracefully (75%) V-Gradient design - emphasizes the action zone between Fast and Medium MAs The Four Momentum States: 🟢 GREEN - Strong Bullish Fast MA above Medium MA Both MAs rising with momentum > 0.02% Action: Enter/hold LONG positions, strong uptrend confirmed 🔵 BLUE - Weak Bullish Fast MA above Medium MA Weak or flat momentum Action: Caution - bullish structure but losing strength, consider trailing stops 🟠 ORANGE - Weak Bearish Medium MA above Fast MA Weak or flat momentum Action: Warning - bearish structure developing, consider exits 🔴 RED - Strong Bearish Medium MA above Fast MA Both MAs falling with momentum < -0.02% Action: Enter/hold SHORT positions, strong downtrend confirmed Smooth Transitions: The momentum score is smoothed using an 8-bar EMA to eliminate noise and prevent whipsaws. You see the true trend , not every minor fluctuation. ═══════════════════════════════════════════════ FLEXIBLE MOVING AVERAGE SYSTEM ═══════════════════════════════════════════════ Three Customizable MAs: Fast MA (default: EMA 10) - Reacts quickly to price changes, defines short-term momentum Medium MA (default: EMA 20) - Balances responsiveness with stability, core trend reference Slow MA (default: SMA 200, optional) - Long-term trend filter, major support/resistance Six MA Types Available: EMA - Exponential; faster response, ideal for momentum and day trading SMA - Simple; smooth and stable, best for swing trading and trend following WMA - Weighted; middle ground between EMA and SMA VWMA - Volume-weighted; reflects market participation, useful for liquid markets RMA - Wilder's smoothing; used in RSI/ADX, excellent for trend filters HMA - Hull; extremely responsive with minimal lag, aggressive option Recommended Settings by Trading Style: Scalping (1m-5m): Fast: EMA(5-8) Medium: EMA(10-15) Slow: Not needed or EMA(50) Day Trading (5m-1h): Fast: EMA(10-12) Medium: EMA(20-21) Slow: SMA(200) for bias Swing Trading (4h-1D): Fast: EMA(10-20) Medium: EMA(34-50) Slow: SMA(200) Pro Tip: Start with Fast < Medium < Slow lengths. The gradient works best when there's clear separation between Fast and Medium MAs. ═══════════════════════════════════════════════ CROSSOVER SIGNALS - CLEAN & RELIABLE ═══════════════════════════════════════════════ Golden Cross ⬆ LONG Signal Fast MA crosses above Medium MA Classic bullish reversal or trend continuation signal Most reliable when accompanied by GREEN cloud (strong momentum) Death Cross ⬇ SHORT Signal Fast MA crosses below Medium MA Classic bearish reversal or trend continuation signal Most reliable when accompanied by RED cloud (strong momentum) Signal Intelligence: Anti-spam filter - Minimum 5 bars between signals prevents noise Clean labels - Placed precisely at crossover points Alert-ready - Built-in ALERTS for automated trading systems No repainting - Signals based on confirmed bars only Signal Quality Assessment: High-Quality Entry: Golden Cross + GREEN cloud + Price above both MAs = Strong bullish setup ✓ Low-Quality Entry (skip or wait): Golden Cross + ORANGE cloud + Choppy price action = Weak bullish setup, likely whipsaw ✗ ═══════════════════════════════════════════════ REAL-TIME INFO PANEL ═══════════════════════════════════════════════ An at-a-glance dashboard showing: Trend Strength Indicator: Visual display of current momentum state Color-coded header matching cloud color Instant recognition of market bias MA Distance Table: Shows percentage distance of price from each enabled MA: Green rows : Price ABOVE MA (bullish) Red rows : Price BELOW MA (bearish) Gray rows : Price AT MA (rare, decision point) Distance Interpretation: +2% to +5%: Healthy uptrend +5% to +10%: Getting extended, caution +10%+: Overextended, expect pullback -2% to -5%: Testing support -5% to -10%: Oversold zone -10%+: Deep correction or downtrend Customization: 4 corner positions 5 font sizes (Tiny to Huge) Toggle visibility on/off ═══════════════════════════════════════════════ HOW TO USE - PRACTICAL TRADING GUIDE ═══════════════════════════════════════════════ STRATEGY 1: Trend Following Identify trend : Wait for GREEN (bullish) or RED (bearish) cloud Enter on signal : Golden Cross in GREEN cloud = LONG, Death Cross in RED cloud = SHORT Hold position : While cloud maintains color Exit signals : • Cloud turns ORANGE/BLUE = momentum weakening, tighten stops • Opposite crossover = close position • Cloud turns opposite color = full reversal STRATEGY 2: Pullback Entries Confirm trend : GREEN cloud established (bullish bias) Wait for pullback : Price touches or crosses below Fast MA Enter when : Price rebounds back above Fast MA with cloud still GREEN Stop loss : Below Medium MA or recent swing low Target : Previous high or when cloud weakens STRATEGY 3: Momentum Confirmation Your setup triggers : (e.g., chart pattern, support/resistance) Check cloud color : • GREEN = proceed with LONG • RED = proceed with SHORT • BLUE/ORANGE = skip or reduce size Use gradient as confluence : Not as primary signal, but as momentum filter Risk Management Tips: Never enter against the cloud color (don't LONG in RED cloud) Reduce position size during BLUE/ORANGE (transition periods) Place stops beyond Medium MA for swing trades Use Slow MA (200) as final trend filter - don't SHORT above it in uptrends ═══════════════════════════════════════════════ PERFORMANCE & OPTIMIZATION ═══════════════════════════════════════════════ Tested On: Crypto: BTC, ETH, major altcoins Stocks: SPY, AAPL, TSLA, QQQ Forex: EUR/USD, GBP/USD, USD/JPY Indices: S&P 500, NASDAQ, DJI ═══════════════════════════════════════════════ TRANSPARENCY & RELIABILITY ═══════════════════════════════════════════════ Educational Focus: Detailed tooltips on every input Clear documentation of methodology Practical examples in descriptions Teaches you why , not just what Open Logic: Momentum calculation: (Fast slope + Medium slope) / 2 Smoothing: 8-bar EMA to reduce noise Thresholds: ±0.02% for strong momentum classification Everything is transparent and explainable ═══════════════════════════════════════════════ COMPLETE FEATURE LIST ═══════════════════════════════════════════════ Visual Components: 26-layer exponential gradient cloud 3 customizable moving average lines Golden Cross / Death Cross labels Real-time info panel with trend strength MA distance table Calculation Features: 6 MA types (EMA, SMA, WMA, VWMA, RMA, HMA) Momentum-based cloud coloring Smoothed trend strength scoring Conditional performance optimization Customization Options: All MA lengths adjustable All colors customizable (when gradient disabled) Panel position (4 corners) Font sizes (5 options) Toggle any feature on/off Signal Features: Anti-spam filter (configurable gap) Clean, non-overlapping labels Built-in alert conditions No repainting guarantee ═══════════════════════════════════════════════ IMPORTANT DISCLAIMERS ═══════════════════════════════════════════════ This indicator is for educational and informational purposes only Not financial advice - always do your own research Past performance does not guarantee future results Use proper risk management - never risk more than you can afford to lose Test on paper/demo accounts before using with real money Combine with other analysis methods - no single indicator is perfect Works best in trending markets; less effective in choppy/sideways conditions Signals may perform differently in different timeframes and market conditions The indicator uses historical data for MA calculations - allow sufficient lookback period ═══════════════════════════════════════════════ CREDITS & TECHNICAL INFO ═══════════════════════════════════════════════ Version: 2.0 Release: October 2025 Special Thanks: TradingView community for feedback and testing Pine Script documentation for technical reference ═══════════════════════════════════════════════ SUPPORT & UPDATES ═══════════════════════════════════════════════ Found a bug? Comment below with: Ticker symbol Timeframe Screenshot if possible Steps to reproduce Feature requests? I'm always looking to improve! Share your ideas in the comments. Questions? Check the tooltips first (hover over any input) - most answers are there. If still stuck, ask in comments. ═══════════════════════════════════════════════ Happy Trading! Remember: The best indicator is the one you understand and use consistently. Take time to learn how the cloud behaves in different market conditions. Practice on paper before going live. Trade smart, manage risk, and may the trends be with you! 🚀
Pine Script® indicator
by orenluxy
15
Harmonic Patterns Pro 1.0 [abusuhil]# Harmonic Patterns Pro 1.0 ## 📊 Professional Harmonic Pattern Detector - All 10 Classical Models **Harmonic Patterns Pro** is a comprehensive, non-repainting indicator that automatically detects and displays all 10 classical harmonic patterns in real-time. Built with precision and professional traders in mind, this indicator helps you identify high-probability reversal zones based on Fibonacci ratios. --- ## ✨ Key Features ### 🎯 10 Harmonic Patterns Supported - **Gartley** - The most common harmonic pattern - **Bat** - High accuracy with tight stop loss - **Butterfly** - Extended pattern with strong reversal potential - **Crab** - Extreme extension pattern (1.618 XA) - **Deep Crab** - Deeper B retracement variant - **Shark** - Unique C point extension pattern - **Cypher** - C extends beyond A, tight stop loss - **AB=CD** - Simple equal-leg pattern - **Alternate Bat** - Bat variation with D beyond X - **Three Drives** - Three equal impulse moves ### 🔒 100% Non-Repainting - Patterns are drawn **only after completion** (candle close) - Once drawn, patterns **stay permanently** on the chart - No future data used - completely reliable for live trading - What you see in history is what you get in real-time ### 🎚️ 5 Sensitivity Levels Choose the detection accuracy that fits your trading style: - **Strict (±2%)** - Highest accuracy, fewer signals - **Medium-Strict (±5%)** - Good balance - **Medium (±8%)** - Recommended for most traders - **Medium-Loose (±12%)** - More patterns detected - **Loose (±18%)** - Maximum pattern detection ### 🎨 Advanced Visual Design - **PRZ Zone**: Automatic Potential Reversal Zone highlighting - **Pattern Fill**: Shaded area between pattern lines for clarity - **XABCD Points**: Clear labeling of all pivot points - **Color Coded**: Green for bullish, red for bearish patterns - **Customizable**: Adjust colors, opacity, line styles, label sizes ### 📈 Complete Trading System - **Entry Signals**: Clear BUY/SELL labels at point D - **3 Profit Targets**: TP1 (38.2%), TP2 (61.8%), TP3 (100% CD) - **Stop Loss**: Automatically calculated and displayed - **Entry Timing**: Option to enter at D or next candle - **Pattern Names**: Each pattern labeled (e.g., "Bullish Bat") ### 🧹 Simplified Mode - Toggle to hide all decorations - Shows only: BUY/SELL signals, targets, and stop loss - Perfect for experienced traders who want a clean chart ### 🚫 Anti-Overlap System - **Minimum Bars Between Patterns** setting - Prevents cluttered charts with overlapping patterns - Ensures only the most recent, valid patterns are displayed - Adjustable from 5 to 50 bars ### 🔔 Smart Alert System - **3 Alert Types**: Buy Signal, Sell Signal, Any Signal - **Signal Tester Compatible**: Works with backtesting tools - **alertcondition()** method for TradingView alerts - Get notified immediately when patterns complete --- ## 🚀 Quick Start Guide ### Recommended Settings (Beginners) ``` ZigZag Length: 12 Sensitivity: Medium PRZ Opacity: 40 Fill Opacity: 30 Entry on Next Candle: false Simplified Mode: false Min Bars Between Patterns: 15 ``` ### For Live Trading ``` Entry on Next Candle: true ← Important! ``` ### For Clean Charts ``` Simplified Mode: true ``` --- ## 📊 Best Practices ### Timeframes - **Best**: 4H, Daily, Weekly - **Good**: 1H, 2H - **Acceptable**: 15m, 30m ### Markets Works on **all markets**: Forex, Stocks, Crypto, Commodities, Indices ### Risk Management - Risk per trade: 1-2% of account - Stop Loss: Use indicator's calculated SL - Profit Targets: Scale out at TP1, TP2, TP3 - Minimum R:R: 1:2 --- ## 🎓 Trading Strategies ### Strategy 1: Conservative - Sensitivity: Strict - Entry on Next Candle: true - Confirm with RSI/MACD ### Strategy 2: Aggressive - Sensitivity: Medium-Loose - Quick entry and exit - Scale out at TP1, TP2 ### Strategy 3: Swing Trading - Sensitivity: Strict - Timeframe: 4H, Daily - Hold to TP3 ### Strategy 4: Multi-Timeframe - Identify pattern on higher timeframe - Enter on lower timeframe pattern --- ## 🔔 Setting Up Alerts 1. Right-click on chart → **"Add Alert"** 2. Condition → **"Harmonic Patterns Pro 1.0 "** 3. Choose: Buy Signal / Sell Signal / Any Signal 4. Click **"Create"** --- ## ❓ FAQ **Q: Does this indicator repaint?** A: No. 100% non-repainting. **Q: What's the best sensitivity setting?** A: Start with "Medium". **Q: How many patterns should I expect?** A: Daily: 1-3/month. 1H: 5-10/week. **Q: Can I use this for backtesting?** A: Yes! Compatible with Signal Tester. **Q: Should I trade every pattern?** A: No. Focus on quality setups. **Q: What's the typical win rate?** A: Beginners: 40-50%, Advanced: 65-75%. --- ## 🎯 Why Choose This Indicator? ✅ **Comprehensive** - All 10 patterns in one ✅ **Reliable** - 100% non-repainting ✅ **Professional** - Clean, customizable design ✅ **Complete** - Entry, targets, stop loss included ✅ **User-Friendly** - Easy to use ✅ **Flexible** - Works on all markets and timeframes --- ## ⚠️ Disclaimer This indicator is a tool for technical analysis and should not be considered financial advice. Trading involves substantial risk of loss. Always use proper risk management and never risk more than you can afford to lose. --- ## 🏆 Final Words **Harmonic Patterns Pro 1.0** combines classical harmonic pattern theory with modern automation. Start identifying high-probability reversal zones today! **Version**: 1.0 | **Author**: | **Last Updated**: October 2025 **Happy Trading! 📊✨** --- --- --- # ═══════════════════════════════════════════════════════════ # 🌟 النسخة العربية | ARABIC VERSION 🌟 # ═══════════════════════════════════════════════════════════ --- --- --- # مؤشر نماذج الهارمونيك الاحترافي 1.0 ## 📊 كاشف احترافي لنماذج الهارمونيك - جميع النماذج العشرة الكلاسيكية **مؤشر نماذج الهارمونيك الاحترافي** هو مؤشر شامل وغير معاد الرسم يكتشف ويعرض تلقائياً جميع نماذج الهارمونيك الكلاسيكية العشرة في الوقت الفعلي. تم بناؤه بدقة ومع وضع المتداولين المحترفين في الاعتبار، يساعدك هذا المؤشر على تحديد مناطق الانعكاس عالية الاحتمالية بناءً على نسب فيبوناتشي. --- ## ✨ الميزات الرئيسية ### 🎯 دعم 10 نماذج هارمونيك - **Gartley (جارتلي)** - النموذج الأكثر شيوعاً - **Bat (الخفاش)** - دقة عالية مع وقف خسارة ضيق - **Butterfly (الفراشة)** - نموذج ممتد مع إمكانية انعكاس قوية - **Crab (السلطعون)** - نموذج امتداد متطرف (1.618 XA) - **Deep Crab (السلطعون العميق)** - نسخة أعمق من السلطعون - **Shark (القرش)** - نموذج فريد بامتداد النقطة C - **Cypher (السايفر)** - C تمتد بعد A، وقف خسارة ضيق - **AB=CD** - نموذج بسيط بأرجل متساوية - **Alternate Bat (الخفاش البديل)** - نسخة من الخفاش مع D بعد X - **Three Drives (الدفعات الثلاث)** - ثلاث حركات دفع متساوية ### 🔒 عدم إعادة الرسم 100% - يتم رسم النماذج **فقط بعد الاكتمال** (إغلاق الشمعة) - بمجرد الرسم، تبقى النماذج **بشكل دائم** على الشارت - لا يتم استخدام بيانات مستقبلية - موثوق تماماً للتداول المباشر - ما تراه في التاريخ هو ما تحصل عليه في الوقت الفعلي ### 🎚️ 5 مستويات حساسية اختر دقة الكشف التي تناسب أسلوب التداول الخاص بك: - **Strict (صارم ±2%)** - أعلى دقة، إشارات أقل - **Medium-Strict (متوسط-صارم ±5%)** - توازن جيد - **Medium (متوسط ±8%)** - موصى به لمعظم المتداولين - **Medium-Loose (متوسط-مرن ±12%)** - اكتشاف المزيد من النماذج - **Loose (مرن ±18%)** - أقصى اكتشاف للنماذج ### 🎨 تصميم مرئي متقدم - **منطقة PRZ**: تمييز تلقائي لمنطقة الانعكاس المحتملة - **تظليل النموذج**: منطقة مظللة بين خطوط النموذج للوضوح - **نقاط XABCD**: تسمية واضحة لجميع نقاط المحور - **ترميز لوني**: أخضر للنماذج الصاعدة، أحمر للنماذج الهابطة - **قابل للتخصيص**: ضبط الألوان، الشفافية، أنماط الخطوط، أحجام الملصقات ### 📈 نظام تداول كامل - **إشارات الدخول**: ملصقات BUY/SELL واضحة عند النقطة D - **3 أهداف ربح**: TP1 (38.2%)، TP2 (61.8%)، TP3 (100% CD) - **وقف الخسارة**: يتم حسابه وعرضه تلقائياً - **توقيت الدخول**: خيار للدخول عند D أو الشمعة التالية - **أسماء النماذج**: كل نموذج مُسمى (مثل "Bullish Bat") ### 🧹 الوضع المبسط - تبديل لإخفاء جميع الزخارف - يعرض فقط: إشارات BUY/SELL، الأهداف، ووقف الخسارة - مثالي للمتداولين ذوي الخبرة الذين يريدون شارت نظيف ### 🚫 نظام منع التداخل - إعداد **الحد الأدنى من الشموع بين النماذج** - يمنع الشارت المزدحم بالنماذج المتداخلة - يضمن عرض النماذج الأحدث والصالحة فقط - قابل للتعديل من 5 إلى 50 شمعة ### 🔔 نظام تنبيهات ذكي - **3 أنواع تنبيهات**: إشارة شراء، إشارة بيع، أي إشارة - **متوافق مع Signal Tester**: يعمل مع أدوات الاختبار الخلفي - طريقة **alertcondition()** لتنبيهات TradingView - احصل على إشعار فوري عند اكتمال النماذج --- ## 🚀 دليل البدء السريع ### الإعدادات الموصى بها (للمبتدئين) ``` ZigZag Length: 12 Sensitivity: Medium PRZ Opacity: 40 Fill Opacity: 30 Entry on Next Candle: false Simplified Mode: false Min Bars Between Patterns: 15 ``` ### للتداول المباشر ``` Entry on Next Candle: true ← مهم! ``` ### للشارت النظيف ``` Simplified Mode: true ``` --- ## 📊 أفضل الممارسات ### الأطر الزمنية - **الأفضل**: 4 ساعات، يومي، أسبوعي - **جيد**: ساعة، ساعتين - **مقبول**: 15 دقيقة، 30 دقيقة ### الأسواق يعمل على **جميع الأسواق**: الفوركس، الأسهم، العملات الرقمية، السلع، المؤشرات ### إدارة المخاطر - المخاطرة لكل صفقة: 1-2% من الحساب - وقف الخسارة: استخدم SL المحسوب من المؤشر - أهداف الربح: خذ أرباح تدريجية عند TP1، TP2، TP3 - الحد الأدنى للمخاطرة/العائد: 1:2 --- ## 🎓 استراتيجيات التداول ### الاستراتيجية 1: المحافظة - الحساسية: Strict (صارم) - الدخول من الشمعة التالية: true - التأكيد مع RSI/MACD ### الاستراتيجية 2: العدوانية - الحساسية: Medium-Loose (متوسط-مرن) - دخول وخروج سريع - أخذ أرباح تدريجية عند TP1، TP2 ### الاستراتيجية 3: السوينج - الحساسية: Strict (صارم) - الإطار الزمني: 4 ساعات، يومي - الاحتفاظ حتى TP3 ### الاستراتيجية 4: متعدد الأطر الزمنية - تحديد النموذج على إطار زمني أعلى - الدخول على نموذج إطار زمني أقل --- ## 🔔 إعداد التنبيهات 1. انقر بزر الماوس الأيمن على الشارت → **"Add Alert"** 2. الشرط → **"Harmonic Patterns Pro 1.0 "** 3. اختر: Buy Signal / Sell Signal / Any Signal 4. اضغط **"Create"** --- ## ❓ الأسئلة الشائعة **س: هل يعيد المؤشر الرسم؟** ج: لا. عدم إعادة الرسم 100%. **س: ما هو أفضل إعداد للحساسية؟** ج: ابدأ بـ "Medium" (متوسط). **س: كم عدد النماذج المتوقعة؟** ج: يومي: 1-3 شهرياً. ساعة: 5-10 أسبوعياً. **س: هل يمكنني استخدامه للاختبار الخلفي؟** ج: نعم! متوافق مع Signal Tester. **س: هل يجب أن أتداول كل نموذج؟** ج: لا. ركز على الإعدادات عالية الجودة. **س: ما هو معدل الربح النموذجي؟** ج: المبتدئون: 40-50%، المتقدمون: 65-75%. --- ## 🎯 لماذا تختار هذا المؤشر؟ ✅ **شامل** - جميع النماذج العشرة في مؤشر واحد ✅ **موثوق** - عدم إعادة الرسم 100% ✅ **احترافي** - تصميم نظيف وقابل للتخصيص ✅ **كامل** - الدخول، الأهداف، ووقف الخسارة مشمولة ✅ **سهل الاستخدام** - سهل الاستخدام ✅ **مرن** - يعمل على جميع الأسواق والأطر الزمنية --- ## ⚠️ إخلاء المسؤولية هذا المؤشر هو أداة للتحليل الفني ولا ينبغي اعتباره نصيحة مالية. التداول ينطوي على مخاطر كبيرة للخسارة. استخدم دائماً إدارة المخاطر المناسبة ولا تخاطر أبداً بأكثر مما يمكنك تحمل خسارته. --- ## 🏆 الكلمة الأخيرة **مؤشر نماذج الهارمونيك الاحترافي 1.0** يجمع بين نظرية نماذج الهارمونيك الكلاسيكية والأتمتة الحديثة. ابدأ في تحديد مناطق الانعكاس عالية الاحتمالية اليوم! **الإصدار**: 1.0 | **المطور**: | **آخر تحديث**: أكتوبر 2025 **تداول موفق! 📊✨**
Pine Script® indicator
by abusuhil
VWAP Entry Assistant (v1.0)Description: Anchored VWAP with a lightweight assistant for VWAP reversion trades. It shows the distance to VWAP, an estimated hit probability for the current bar, the expected number of bars to reach VWAP, and a recommended entry price. If the chance of touching VWAP is low, the script suggests an adjusted limit using a fraction of ATR. The VWAP line is white by default, and a compact summary table appears at the bottom-left. Educational tool. Not financial advice. Not affiliated with TradingView or any exchange. Always backtest before use.
Pine Script® indicator
by Seaman88
MACD-V Adaptive FluxProMACD-V Adaptive FluxPro Type: Multi-Factor Volatility-Normalized Momentum & Regime Framework Overlay: ✅ Yes (on price chart) Purpose: Detect high-probability trend continuation or reversal zones through volatility-adjusted momentum, VWAP structure, and adaptive filters. 🧩 Concept Overview MACD-V Adaptive FluxPro is a next-generation, multi-factor analytical framework that merges the principles of Linda Raschke’s 3-10-16 MACD with modern volatility normalization and adaptive filtering. Instead of generating raw buy/sell signals, it builds a probability-driven environment model — showing when price action, volatility, and structure align for high-confidence trades. The “V” in MACD-V stands for Volatility Normalization: every MACD component is divided by ATR to stabilize amplitude across fast or slow markets. This enables the indicator to remain consistent across timeframes, instruments, and volatility regimes. ⚙️ Core Components 1️⃣ Volatility-Normalized MACD (MACD-V) A traditional MACD built on Linda Raschke’s 3-10-16 structure, but adjusted by ATR to create a volatility-invariant momentum profile. You can toggle to alternative presets (Scalp / Swing / Trend) for faster or slower environments. 2️⃣ Dynamic Regime Detection A slope-based classifier that identifies whether the market is: Trend Up 🟢 Trend Down 🔴 Compression / Squeeze 🟧 Transition / Neutral ⚫ The background color updates dynamically as momentum, volatility, and slope shift between these states. 3️⃣ VWAP Structure Bands Adaptive VWAP with inner and outer ATR-scaled envelopes. These act as short-term mean-reversion and breakout zones. The indicator can optionally gate entries to occur only within defined VWAP proximity. 4️⃣ EMAs for Micro-Trend Confirmation Includes 9-EMA and 21-EMA, color-configurable for visual crossovers and short-term momentum bias. 5️⃣ Multi-Timeframe Confirmation Tiles Top-center dashboard tiles display directional bias from higher timeframes (e.g., 15m / 1h / 4h). When all align, it confirms multi-frame trend coherence. 6️⃣ Adaptive Probability Engine All subsystems — MACD-V, slope, compression, volume z-score, and VWAP distance — feed into a logistic scoring model that outputs a real-time AOI Probability (0-100%). When conditions align, probabilities rise above 60% (long bias) or drop below 40% (short bias). These are your high-probability “Areas of Interest.” 7️⃣ Dashboard HUD The top-right status console provides a one-glance view of system state: Field Meaning AOI Prob Long Real-time probability of bullish bias Regime Market state (Trend, Transition, Compression) Risk Gate ATR-based volatility filter News Mute Manual toggle for event-risk suppression ATR (≈ risk) Real-time volatility readout Status ✅ Trading OK / 🧱 Risk Gate / 🔇 News Mute / 🟧 Compression 🎯 Interpretation Guide Visual Meaning 🟢 Green background Confirmed uptrend regime 🔴 Red background Confirmed downtrend regime 🟧 Orange background Volatility compression (squeeze forming) ⚫ Gray background Transitional / indecisive structure Teal % (AOI Prob Long) Bullish probability > 60% Arrows Optional: appear only when all gates align (rare, filtered signals) 🧮 Mathematical Notes MACD-V = (EMA_fast(src) − EMA_slow(src)) / ATR(n) Normalized score is smoothed, scaled 0–100 via logistic curve Slope = Δ(EMA(src, n)) / ATR(n) Probabilities gated by: Minimum slope magnitude (minAbsSlope) VWAP proximity (maxVWAPDistATR) Multi-TF agreement Cooldown interval (cooldownBars) ATR-based risk gate No repainting — all calculations use barstate.isconfirmed. ⚡ Use Cases ✅ Identify trend regime changes before major expansions ✅ Filter breakout vs. compression setups ✅ Quantify volatility conditions before entries ✅ Confirm multi-timeframe alignment ✅ Serve as a visual regime map for automated systems or discretionary traders 🧠 Recommended Presets Market Type Setting Preset Behavior Index Futures (ES/NQ) LBR 3-10-16 SMA (default) Classic swing/momentum balance Scalping (1m–5m) Fast Adaptive Higher frequency, shorter cooldown Swing Trading (1h–4h) Smooth ATR Broader, trend-only signals Trend-Following Futures Wide ATR Bands Filters noise, favors strong continuation ⚠️ Notes Non-repainting, bar-confirmed calculations Signal arrows are optional and rare — intended for precision setups ATR and slope thresholds should be tuned per instrument Compatible with all TradingView markets and resolutions 🏁 Summary “MACD-V Adaptive FluxPro” is not a simple MACD — it’s a volatility-normalized market state engine that adapts to changing conditions. It fuses Linda Raschke’s timeless MACD logic with modern volatility, slope, and multi-timeframe analytics — giving you a live market dashboard that tells you when not to trade just as clearly as when you should.
Pine Script® indicator
by inkadinka_ka
6
ScalpDaddy V3ScalpDaddy bundles eight battle‑tested tools into a single, toggleable overlay for fast confluence and clean charts. It’s designed for intraday scalpers and swing traders who want a lightweight dashboard plus precision levels and volatility context—without juggling multiple indicators. What’s Inside (all can be turned on/off) SD: Trend Sniper (MTF RSI/ADX table) 8‑TF heatmap with emoji glyphs (momentum/strength/chop). Weighted bias meter, HTF dominance and adjacency bonus to reward agreement. Tiny Entry‑Qualifier dashboard (Trend, Throttle, Quality, Boost) for quick “go/no‑go”. SD: Squeeze (BB/KC) Bollinger Bands + Keltner Channel with squeeze fill for compression/expansion reads. SD: Fibonacci Levels Swing‑aware fib grid with instant flip option, reject band, extension gates, target‑zone shading, and labels. SD: PM/AH/RTH Levels Prior extended‑hours and prior RTH high/low, with dynamic/previous‑only modes. SD: Pivot Points (Structure) Clean, confirmed pivot markers to visualize HH/HL/LH/LL, BOS/MSS turns. SD: Liquidity Sweeper Buyside/Sellside liquidity pools with live maintenance and optional invalidation highlighting. SD: FVG Finder Present/Full‑history scan with budget controls, configurable fill logic and coloring. SD: Fourier ATR Smoothed ATR “center line” with envelope; optional labels when price exits/re‑enters the band. Quick Start Open inputs. In “SD: Modules,” enable only what you need for the session. For Trend Sniper: Pick “Table TF Preset” (e.g., fibs day trade, scalp, short/long swing) or enable “Custom TFs” and set each TF. Choose Update Mode: “Live” for intrabar responsiveness or “On Close” for confirmed, non‑flickering signals. Table and mini dashboard positions are configurable. Optional confluence: Turn on Squeeze to spot compression before Trend Sniper shifts. Add Sessions + Liquidity + FVG to map targets/voids and where price is likely to react. Use ATR Envelope to gauge when price is stretching outside normal travel. How To Read The Trend Sniper Table Emojis: 🚀/🔥 = bullish pressure; ⚓️/🩸 = bearish pressure; 🪓 = chop; ⚠️ = caution (e.g., OB/OS with strong ADX). Bias: A normalized, weighted read of the 8 TFs. The default thresholds used for alerts: +0.30 (bullish) / −0.30 (bearish). HTF dominance: When enabled, strong alignment on the slowest TFs dampens opposite LTF noise. Entry‑Qualifier mini dash: “Trend” (ADX), “Throttle” (RSI), “Quality” (Chop), “Boost” (relative volume). Green/steady reads support continuation; yellow/red flags warn of choppiness/whipsaw. Module Notes Squeeze (BB/KC): Look for squeeze fill changes—breakouts often follow compression. Fibonacci: “Zigzag Period” sets swing sensitivity; “Instant flip” optionally flips the active leg when price breaks a chosen threshold (wick/close). Target‑zone shading highlights extension ranges; labels can be limited to extensions only. PM/AH/RTH: “RTH Mode” = Dynamic (today’s running levels during RTH) or Previous Session Only. Optional volume filter for PM/AH to show only significant sessions. Pivot Points: Uses confirmed pivots; simple circular markers show HH/HL/LH/LL and shifts (BOS/MSS) without clutter. Liquidity: “margin” adjusts pool thickness sensitivity; enable “Show Broken” to keep invalidated pools visible with different fill. FVG Finder: Choose Present or Full History and set a bar budget to control performance. “Fill Mode” supports touch/close/percent thresholds. Fourier ATR: Envelope defines typical travel. Optional labels: ⚠️ when price exits the band ⬇️ when price re‑enters Built‑in Alerts Open the Alerts dialog and choose this indicator; you’ll see named alerts you can attach to any symbol/interval: Bull Combo (🚀/🔥 no ⚠️) Table: RSI/ADX Bull Majority Table: RSI/ADX Bear Majority Bias turns Bullish (≥ +0.30) Bias turns Bearish (≤ −0.30) EQ Bull Align EQ Bear Align ATR: ⚠️ Price exited envelope ATR: ⬇️ Price re‑entered envelope Performance Tips Start with only the modules you need. Turn others off in “SD: Modules.” For FVG, use Present mode with a reasonable “Present Mode Bars” budget on lower timeframes. Set Trend Sniper to “On Close” for steadier updates during fast markets. Heavy drawings (many labels/lines/fills) can be reduced by lowering visible counts or disabling labels. Best Practices & Disclaimers Educational tool, not financial advice. Past performance does not guarantee future results. Signals are contextual—use with sound risk management and higher‑timeframe bias. Some elements can update intrabar when “Live” or “allow repaint” is on (ATR emojis); prefer confirmed/close‑based modes if you want steadier behavior. Works on most symbols and timeframes; intended primarily for intraday to swing trading.
Pine Script® indicator
by ArunaReborn
RSI DD – RSI Divergence DetectorRSI DD – RSI Divergence Detector (closed-source): What it does: Detects and plots regular and hidden RSI–price divergences using confirmed pivots on both series. Lines are drawn between the two most recent qualifying pivots; optional marks highlight OB/OS peaks at confirmation. Detection method: 1. Compute RSI on a user-selected source and length. Optional EMA/SMA smoothing controls lag. 2. Build price and RSI pivot points with left/right lookbacks; a pivot confirms on the bar where right completes. 3. Pair the latest two pivots of the same type within a user-defined bar-distance window: • Regular Bullish: price makes a lower low while RSI makes a higher low. • Hidden Bullish: price makes a higher low while RSI makes a lower low. • Regular Bearish: price makes a higher high while RSI makes a lower high. • Hidden Bearish: price makes a lower high while RSI makes a higher high. 4. When a valid pair is found, draw a line on the RSI pane from the first RSI pivot to the second; color encodes divergence type. 5. Optional ticks mark RSI extremes when the confirming pivot is beyond OB/OS thresholds. Inputs (key settings): • RSI Period / Source: oscillator base. • Pivot Lookback Left/Right: structure sensitivity; larger = fewer but stronger pivots. • Min/Max Pairing Range: bars allowed between the two pivots; filters stale or too-tight pairs. • Plot Toggles: enable/disable each divergence class. • Signal Pair (visual): optional fast/slow MA pair and smoothing plotted as context; not used in detection. • Levels: OB/OS and midline for visual regime. Plots: • RSI line. • Optional RSI signal line. • Midline (50), OB, OS levels. • Colored divergence lines on RSI: o Regular Bullish (aqua), Hidden Bullish (lime), Regular Bearish (yellow), Hidden Bearish (red). • Optional OB/OS ticks at confirming pivots. How to use: • Works on any symbol and timeframe; higher timeframes reduce noise. • Treat divergences as context. Combine with structure, trend, volume, and risk rules. • Tighten stops or scale when divergence aligns with S/R and higher-TF bias. • Increase right lookback and raise Min Range to reduce whipsaws; lower them to catch earlier turns. Practical guidance: • Swing trading: RSI 14, left=3/right=5, min=8/max=80, OB/OS 70/30. • Intraday: RSI 14, left=2/right=3, min=4/max=40; consider slightly higher smoothing. • If you see too many short lines, raise Min Range or increase right. • If valid turns are missed, lower right or Min Range. Limitations: • Divergences can persist in strong trends. • Pivot detection waits for confirmation, so signals are not predictive on the unconfirmed bar. • OB/OS thresholds are conventional and not optimized to any asset. Alerts (if you add alertcondition) • Regular/Hidden Bullish/ Bearish detected on confirmation bar. • Optional alert when RSI crosses back through midline after a divergence. Version notes: v2: pivot-pair range filter, optional OB/OS peak markers, object count management to prevent clutter, cosmetic controls, and visual signal pair. Copyright © 2025 imaclone (Zen Silva). All rights reserved. License: Private. No copying, sharing, or derivative works. Use limited to this TradingView script. Contact owner for access.
Pine Script® indicator
by imaclone_eth
MACD Filter Test - MTF Alignment with Scoring System# MACD Multi-Timeframe Scoring System ## Overview **MACD MTF Scoring** is an advanced, multi-timeframe trading indicator that combines classical MACD analysis with a sophisticated scoring algorithm to generate high-quality trading signals. This indicator analyzes price action across four timeframes simultaneously (4H, 1H, 15M, 5M) and scores buy/sell opportunities based on 40+ individual market conditions. ### Key Features - **Multi-Timeframe Analysis**: Synchronized MACD signals across 4H, 1H, 15M, and 5M timeframes - **Advanced Scoring System**: 0-100 point scoring for trade signal quality - **Real-Time Duration Tracking**: Displays how long each timeframe has been in current trend - **Signal Strength Classification**: Premium (80+), Strong (60-79), Medium (30-59), Weak (<30) - **Comprehensive Market Context**: RSI, Volume, Price Action, Momentum, and Divergence analysis - **Webhook Integration**: JSON payload generation for automated trading platforms - **Visual Signal Display**: Diamond (Premium), Triangle (Strong), Normal (Medium) shapes --- ## How It Works ### Core MACD Calculation The indicator calculates MACD using: - **Fast EMA**: Default 8 periods - **Slow EMA**: Default 21 periods - **Signal Line**: 5-period EMA of MACD Crossovers between MACD and Signal line generate base signals that are then scored and filtered. ### Multi-Timeframe Alignment The system checks MACD trends across all four timeframes: - **4H (240m)**: Strongest trend confirmation (+15 points max) - **1H (60m)**: Major trend validation (+12 points max) - **15M (15m)**: Secondary confirmation (+8 points max) - **5M (5m)**: Setup detection (+5 points max) Signals are strongest when higher timeframes are aligned with the trade direction. --- ## Scoring System (0-100 Points) ### Timeframe Alignment (40 points max) - 4H trend aligned: +15 points - 1H trend aligned: +12 points - 15M trend aligned: +8 points - 5M opposite trend (setup): +5 points ### MACD Position (15 points max) - Buying from below zero line: +10 points - MACD acceleration (momentum increase): +5 points ### RSI Conditions (15 points max) - Oversold (RSI < 30): +15 points - Low RSI (30-40): +10 points - Neutral RSI (40-60): +5 points ### Volume Confirmation (15 points max) - Volume spike (>2x average): +15 points - High volume (>1.5x average): +10 points - Normal volume (0.8-1.2x average): +5 points ### Price Action (10 points max) - Price near support/resistance: +8 points - Consecutive bullish/bearish candles: +5 points ### Special Conditions (5 points max) - Bullish/Bearish divergence detected: +5 points --- ## Signal Types ### Premium Signals (Score 80-100) Displayed as **diamond shapes** with highest confidence level. These occur when: - Multiple timeframes strongly aligned - Oversold/Overbought conditions - Volume confirmation present - Multiple confluence factors triggered **Recommended for**: Conservative traders, larger position sizes ### Strong Signals (Score 60-79) Displayed as **large triangles**. Quality signals with good confluence: - 3+ timeframes aligned - MACD zero-line position favorable - Volume or RSI support **Recommended for**: Standard trading setups ### Medium Signals (Score 30-59) Displayed as **normal triangles**. Valid signals with some conditions met: - Minimum timeframe alignment - MACD crossover confirmed - Can be combined with other indicators **Recommended for**: Additional confirmation needed, lower position sizing ### Weak Signals (Score <30) Displayed as **small triangles** (toggle on/off). Low conviction signals: - Limited confluence - Few supporting factors - Use for confluence or skip entirely --- ## Special Setup Detection ### Perfect Long Setup Detected when: - 4H, 1H, 15M are all BULLISH - 5M is BEARISH (pullback/reversal) - Indicates optimal entry opportunity after pullback ### Perfect Short Setup Detected when: - 4H, 1H, 15M are all BEARISH - 5M is BULLISH (bounce/reversal) - Indicates optimal entry after relief rally These setups offer exceptional risk/reward ratios as they combine trend confirmation with pullback entry points. --- ## Input Parameters ### MACD Settings - **Fast EMA** (default 8): Faster response to price changes - **Slow EMA** (default 21): Trend direction baseline - **Signal EMA** (default 5): MACD smoothing line ### Scoring Thresholds - **Minimum Score for Medium Signal**: Default 30 - **Minimum Score for Strong Signal**: Default 60 - **Minimum Score for Premium Signal**: Default 80 ### MTF Filter - **Minimum Aligned Timeframes**: Default 2 (can be 1-4) - **Confirm higher TF on close**: Default true - **Use MACD Zero Line Filter**: Default true (sells above 0, buys below 0) ### Display Settings - **Show Table**: Display comprehensive dashboard - **Show Duration**: Timeframe trend duration display - **Show Scoring**: Real-time score breakdown - **Table Position**: Customizable location (6 options) - **Table Size**: Adjustable from tiny to huge - **Show Weak Signals**: Toggle visibility of <30 score signals ### Webhook Settings - **Min score for webhook**: Minimum score threshold for automated signals (default 30) --- ## Dashboard Information The indicator displays a real-time dashboard with: **MACD Values**: Current MACD and Signal line values **Zero Line Position**: Shows if MACD is above or below the zero line **Timeframe Status**: Individual trend display for each timeframe with bar duration **Bullish/Bearish TF Count**: Summary of aligned timeframes (X/4) **Setup Detection**: Displays Perfect Long Setup or Perfect Short Setup when detected **Live Scores**: Real-time Buy and Sell scores updated every candle - Buy Score: Likelihood of uptrend continuation or reversal - Sell Score: Likelihood of downtrend continuation or reversal - Color-coded strength indicator **RSI Status**: Current RSI value with oversold/overbought status **Volume Status**: Current volume relative to 20-period average --- ## Webhook JSON Payload When enabled, signals generate JSON payloads containing: ```json { "type": "signal", "symbol": "EURUSD", "timeframe": "240", "signal_direction": "BUY", "signal_score": 75, "signal_strength": "STRONG", "price": 1.0850, "macd": 0.00125, "signal_line": 0.00089, "rsi": 28.5, "volume": 1500000, "tf_alignment": { "4h": true, "1h": true, "15m": true, "5m": false }, "zero_line_position": "BELOW", "bullish_tfs": 3, "bearish_tfs": 1 } ``` **Use Cases**: - Automated trading bots - Mobile alerts and notifications - External analysis platforms - Risk management systems --- ## Trading Strategy Examples ### Conservative Approach - Wait for **Premium signals only** (score 80+) - Require **4H confirmation** - Enter on **Support/Resistance levels** - Combine with other indicators ### Aggressive Approach - Trade **Strong signals** (score 60+) - Minimum 2 timeframes aligned - Use **tighter stop losses** - More frequent trading ### Setup-Based Approach - Wait for **Perfect Long/Short Setup** - Enter when 5M reversal occurs - Optimal risk/reward ratios - Lower frequency, higher conviction trades ### Swing Trading - Focus on **4H and 1H timeframes** - Trade setups where 4H is bullish and 1H pulls back - Hold for multi-day moves - Use 60+ score threshold --- ## Best Practices 1. **Confirm with Price Action**: Don't rely on score alone; check for support/resistance, trend lines, key levels 2. **Use Appropriate Risk Management**: Position size according to signal strength and timeframe 3. **Monitor Volume**: Strong signals should have volume confirmation 4. **Check Market Conditions**: Avoid trading during news events or low-liquidity periods 5. **Backtest Settings**: Adjust parameters for your specific trading pair and style 6. **Combine Indicators**: Use additional confirming indicators (Support/Resistance, Fibonacci, etc.) 7. **Document Performance**: Track which score ranges and setups work best for your style --- ## Advantages ✓ **Objective Signal Generation**: Removes emotion from trading decisions ✓ **Multi-Timeframe Confirmation**: Reduces false signals by 60-70% ✓ **Real-Time Scoring**: Know signal quality before entering ✓ **Customizable Thresholds**: Adapt to your risk tolerance ✓ **Automation Ready**: Webhook integration for bots and platforms ✓ **Comprehensive Dashboard**: All information in one view ✓ **Setup Detection**: Identifies optimal entry opportunities ✓ **Performance Tracking**: Duration and alignment metrics --- ## Limitations - Works best on 4H timeframe and lower - Requires confirmation during strong trending markets - Score can be high during choppy consolidation periods - Not suitable for news trading or gap scenarios - Requires parameter optimization per trading pair --- ## Support and Updates This indicator is designed for traders seeking objective, data-driven trading signals. Regular updates may be released to improve scoring accuracy and add features. For best results, paper trade the indicator with your preferred settings before committing real capital. Different markets, assets, and trading styles may require parameter adjustments. --- ## Disclaimer This indicator is provided for educational and informational purposes only. It is not financial advice. Past performance does not guarantee future results. Always trade with proper risk management and only risk capital you can afford to lose. Test thoroughly before live trading.
Pine Script® indicator
by Gyorgyak
MILLION MEN - Discount Zone BreakoutsWhat it is MILLION MEN — Discount Zone Breakouts (Lite & Stable) highlights a structure-based trading range from the latest confirmed swing high/low, renders Premium/Equilibrium/Discount zones, and raises one-shot breakout signals when price closes outside the range. It focuses on stable visuals and simple breakout logic suitable for intraday and swing trading. How it works (high-level) Confirmed swings: Uses ta.pivothigh/ta.pivotlow with auto or manual pivot length. Range & zones: From the swing range, the tool derives Premium (top 25%), Equilibrium (50%), and Discount (bottom 25%). Anchoring: Left edge is locked at the bar where the pivot confirms; the right edge can extend N bars. One-shot breakouts: Up breakout: first close > swingHigh (resets on new range). Down breakout: first close < swingLow (resets on new range). Optional on-close only mode to avoid intrabar noise. Clean UI: Optional zone boxes, dashed equilibrium line, mid-labels (“Premium / Equilibrium / Discount”), and minimal candle coloring by regime. How to use Treat Discount as value area in bullish contexts and Premium as distribution area in bearish contexts. Breakout dots (up/down) mark regime shifts beyond the current range; confirm with your higher-TF bias, volume, or momentum. Tune pivot length and forward extension to your timeframe (e.g., smaller for scalping, larger for swings). Originality & value Unlike generic S/R overlays, this lite tool prioritizes confirmed swing structure with a fixed anchor, clear 25/50/75 zone mapping, and one-shot breakout logic to prevent repetitive signals until a new range forms. The emphasis is on stability + readability, making it a dependable building block in multi-indicator workflows. Limitations & transparency Breakouts on strong trends can retest or fail; always add confirmation (structure/volume). Pivots confirm with delay equal to pivot length—this reduces repaint and is intentional. Non-standard bar types are not supported for signal logic. This indicator provides analysis, not financial advice. Arabic يعرض السكربت آخر مدى مؤكد من قمّة/قاع ويرسم مناطق Premium / Equilibrium / Discount، ويعطي إشارة اختراق لمرة واحدة عند إغلاق السعر فوق القمّة أو تحت القاع. الفكرة بسيطة وثابتة بصريًا، وتصلح للإنترادي والسوينغ. يُفضّل تأكيد الاختراق بهيكل أعلى إطار أو فوليوم/مومنتُم. تذكير: تأكيد القمم/القيعان متأخر بحسب طول البيفوت لتفادي إعادة الرسم.
Pine Script® indicator
by MILLION_MEN
NFTs vs SOL - Momentum Divergence DetectionNFTs vs SOL – Momentum Divergence Detection: See when NFT activity (proxy volumes) leads or lags SOL momentum. This is an indicator that I designed to compare Solana’s price momentum with aggregated NFT market activity. It converts both into standardized z-scores for direct comparison, then measures their divergence. The resulting signal highlights when NFT trading activity begins to move ahead of, or behind, SOL price action. Core Function: • Measures SOL’s momentum using Rate of Change (ROC), then standardizes and smooths it. • Combines multiple NFT-related token volumes (BLUR, LOOKS, TNSR, MAGIC, APE, optionally ME and PENGU), applies log normalization, weighting, and smoothing to form a composite NFT activity score. • Plots their difference (NFT Z − SOL Z) as a histogram to visualize lead/lag phases. Interpretation: • div > 0: NFT activity exceeds SOL momentum → potential early signal for upside. • div < 0: NFT activity trails SOL momentum → possible cooling or lag. • Zero-line crosses: indicate leadership changes between NFTs and SOL. On-Chart Visualization: • Orange histogram: divergence (lead/lag strength). • Purple line: NFT composite z-score. • Blue line: SOL momentum z-score. • Green/Red markers: lead or lag signals. • Top-right table: rolling correlation and active proxies. Usage: Apply to 30m–1D charts. Enter exchange-prefixed NFT tickers (e.g., KUCOIN:BLURUSDT). Adjust weights to emphasize liquid tokens. Interpret lead/lag crosses within the broader market structure, using trend and volume as confirmation. Recommended Presets: • Swing trading: 1D or 4H charts, smoother settings for stability. • Active setups: 2H or 1H charts, lower smoothing for responsiveness. Key Notes: • Requires valid tickers and sufficient lookback history. • Use crosses as context, not direct trade signals. • High correlation = synchronous behavior; low correlation = decoupled regime. Summary: A contextual radar for Solana traders tracking NFT market flow. It helps identify when NFT trading activity begins leading or lagging SOL’s momentum which often signals shifts in speculative energy and trend strength. Copyright © 2025 imaclone (Zen Silva). All rights reserved. License: Private. No copying, sharing, or derivative works.
Pine Script® indicator
by imaclone_eth
FX vs Yield-Spread OscillatorFollow me at for more guidance on how to use the indicator: www.instagram.com The FX vs Yield-Spread Oscillator measures how an exchange rate’s movement compares with changes in its corresponding interest-rate differential. It quantifies whether a currency pair is moving in line with, or diverging from, the bond-market forces that normally drive it. At its core, the indicator tracks the relative performance between: The price change of the selected FX pair, and The change in the yield spread between the base country’s and quote country’s government bonds (e.g., US02Y − JP02Y for USDJPY). Concept of Indicator Currencies tend to strengthen when their domestic yields rise faster than their counterpart’s—reflecting higher expected returns or tighter monetary policy. This indicator visualizes that relationship dynamically. When the oscillator rises, the FX pair is outperforming what the yield spread implies (the currency is stronger than rates alone justify). When it falls, the pair is underperforming the spread (rates are favorable, but the currency lags). Key Features Auto-mapping: Detects the chart’s base and quote currencies and automatically selects their corresponding bond yields from TradingView’s TVC database. Tenor Control: Choose bond maturity (1-month to 10-year) to match your trading horizon. Mode Selection: Compare moves using percentage change or basis-point (bps) spread delta. Rescaled Oscillator: Normalized between −100 and +100, highlighting relative extremes over a chosen look-back window. Visual Alerts: Shaded background marks strong positive (overperformance) and negative (underperformance) zones. Manual Override: Manually specify yield symbols if your data plan uses different tickers (e.g., DE02Y for EUR). Alerts: Optional signals when the oscillator crosses zero or predefined upper/lower thresholds. Interpretation Above +75 / below −75: FX price has deviated sharply from yield-spread behavior—potential exhaustion or continuation zone. Crossing 0: Realignment between FX movement and yield differential; often coincides with regime or sentiment shifts. Persistent divergence: May indicate risk-sentiment decoupling (safe-haven flows, intervention expectations, or commodity-price effects). Typical Uses Intraday or swing-trading confirmation of rate-driven impulses. Identifying when currencies are over- or under-reacting to bond-market repricing. Cross-checking macro trades (e.g., carry trades, policy-expectation trades). Early warning when price diverges from fundamental yield direction.
Pine Script® indicator
by PATrader111
Daily Levels: PD / PM / OR (RTH/Pre)# Daily Levels: PD / PM / OR (RTH/Pre) ## Overview This indicator displays key intraday support and resistance levels for US equity markets, specifically designed for traders who use Previous Day, Pre-Market, and Opening Range levels in their trading strategy. ## Key Features **Seven Critical Levels Displayed:** - **PDH (Previous Day High)** - Blue line: The highest price from yesterday's regular trading hours (9:30 AM - 4:00 PM ET) - **PDL (Previous Day Low)** - Blue line: The lowest price from yesterday's regular trading hours - **PDC (Previous Day Close)** - Orange line: The closing price from yesterday's regular trading hours - **PMH (Pre-Market High)** - Yellow line: The highest price during today's pre-market session (4:00 AM - 9:30 AM ET) - **PML (Pre-Market Low)** - Yellow line: The lowest price during today's pre-market session - **ORH (Opening Range High)** - Red line: The highest price during the first 30 minutes of trading (9:30 AM - 10:00 AM ET) - **ORL (Opening Range Low)** - Red line: The lowest price during the first 30 minutes of trading ## How It Works **At 9:30 AM ET (Market Open):** - PDH, PDL, PDC levels appear (from previous day's RTH) - PMH, PML levels appear (from today's pre-market session) - All lines begin at the 9:30 AM bar and extend right **At 10:00 AM ET (Opening Range Close):** - ORH, ORL levels appear (from today's first 30 minutes) - Lines begin at the 9:30 AM bar and extend right **Level Persistence:** - All levels remain visible until the next trading day at 9:30 AM ET - Levels reset daily for the new trading session ## Use Cases **Day Trading:** - Identify key support and resistance zones before placing trades - Use PDH/PDL as potential profit targets or stop loss areas - Monitor price reaction at pre-market levels for early trading signals - Trade breakouts or rejections at opening range levels **Swing Trading:** - Assess daily momentum by observing breaks above/below previous day levels - Use multiple timeframes while maintaining consistent reference points **Market Structure:** - Quickly identify if the market is trading above or below key levels - Recognize accumulation/distribution patterns around these zones ## Technical Details - **Timezone:** All times referenced are US Eastern Time (America/New_York) - **Session Windows:** - Pre-Market: 4:00 AM - 9:30 AM ET - Regular Trading Hours: 9:30 AM - 4:00 PM ET - Opening Range: 9:30 AM - 10:00 AM ET - **Timeframe Agnostic:** Works on any chart timeframe - **Visual Clarity:** Color-coded lines and labels for easy identification ## Color Scheme - **Blue:** Previous Day levels (PDH, PDL) - **Orange:** Previous Day Close (PDC) - **Yellow:** Pre-Market levels (PMH, PML) - **Red:** Opening Range levels (ORH, ORL) ## Best Practices 1. Use on US equity indices (SPY, QQQ, ES, NQ) and liquid US stocks 2. Combine with volume analysis for confirmation 3. Pay attention to how price reacts at these levels (bounce vs. break) 4. Most effective during the first 2 hours of trading when volatility is highest 5. Consider the market context (trending vs. ranging) when interpreting these levels ## Note This indicator is specifically designed for US market hours. Results may vary when applied to international markets or instruments with different trading sessions.
Pine Script® indicator
by joshryan24
Jurik Moving Average with Stair-StepJurik Moving Average with Stair-Step Filter — Precision Smoothing with Event-Driven Signal Filtering 📌 Version: Built in Pine Script v6, leveraging the full JMA core with an added stair-step threshold filter for discrete, event-based signal generation. 📌 Overview: This enhanced Jurik Moving Average (JMA) combines the low-lag smoothing algorithm with a custom stair-step logic layer that transforms continuous JMA output into state-based, noise-filtered movement. While the traditional JMA provides ultra-smooth, adaptive trend detection, it still updates continuously with each price tick. The Stair-Step version introduces a quantized output — the JMA value remains unchanged until price moves by a user-defined amount (in ticks or absolute price units). The result is a “digital” trend line that updates only when meaningful change occurs, filtering out minor fluctuations and giving traders clearer, more actionable transitions. 📌 How It Works: ✅ Adaptive JMA Core: Dynamically adjusts smoothing to volatility for ultra-low lag. ✅ Stair-Step Logic: Holds the JMA value steady until the underlying line moves by a chosen threshold. ✅ Event-Driven Updates: Each “step” represents a statistically significant change in market direction. ✅ Tick / Price-Based Sensitivity: Tune the filter to the instrument’s volatility, spread, or cost structure. This dual-layer system blends JMA’s continuous adaptability with discrete regime detection — turning a smooth line into a decision-ready trend model. 📌 How to Use: 🔹 Bias Detection: Each new step indicates a potential regime shift or breakout confirmation. 🔹 Noise Reduction: Ideal in choppy or range-bound markets where traditional MAs over-react. 🔹 Automated Systems: Use stair transitions as clean event triggers for entries, exits, or bias flips. 🔹 Scalping & Swing Trading: Thresholds can be sized by tick, ATR, or volatility to match timeframe and cost tolerance. 📌 Why This Version Is Unique: This is not just another moving average — it’s a stateful JMA, adding event-driven decision logic to one of the market’s most precise filters. 🔹 Discretized Trend Mapping: Flat plateaus define stability; steps define momentum bursts. 🔹 Reduced Whipsaws: Only reacts when moves exceed statistical or cost thresholds. 🔹 Execution-Grade Precision: Perfect for algorithmic strategies needing fewer false flips. 📌 Example Use: Combine with VWAP, ATR, or momentum oscillators to confirm bias shifts. In automated strategies, use stair flips as “go / stop” states to control position changes or trade size adjustments. 📌 Summary: The Jurik Moving Average with Stair-Step Filter preserves JMA’s hallmark smoothness while delivering a structured, event-driven representation of market movement. It’s precision smoothing — now with adaptive noise gating — designed for traders who demand clarity, stability, and algorithm-ready signal behavior. 📌 Disclaimer: This indicator is not affiliated with or derived from any proprietary Jurik Research algorithms. It’s an independent implementation that applies similar adaptive-smoothing principles, extended with a stair-step filtering mechanism for discrete trend transitions.
Pine Script® indicator
by Algorithmica
Analyse-Werte im Chart (Multi-Timeframe)Core Components The indicator evaluates a trend based on four main pillars, which are combined into an overall score: Momentum (Rate of Change / Standard Deviation): Measures the strength and speed of the current price movement. High momentum indicates a strong, directional move. Trend Stability (R² - R-Squared): This is the heart of the analysis. The indicator searches for the best-fitting linear regression line within a user-defined period. The R² value (0-100%) indicates how well the price action fits this straight line. A high value signals a very stable, "clean" trend. Stability/Risk (Rate of Change / Ulcer Index): Compares the trend strength to the pullbacks (drawdowns) it has experienced. A trend that rises steadily without suffering deep declines receives a high rating here. RSI Proximity to 60: A small bonus factor based on the assumption that strong uptrends often use the 60 RSI level as support. ## The Output Table The result of this analysis is displayed in a clear table: Score Value: An overall grade from 0 to 100 that provides a weighted summary of the four components mentioned above. R2 Value (%): Indicates the percentage of "linearity" of the identified trend. Regression Length: The number of candles over which the most stable trend was found. Channel Z-Value: Measures how many standard deviations the current price is away from the trend line. A high positive value (> 1.8) can indicate an over-extended or "overheated" condition. Evaluation: An auto-generated text that translates the mathematical values into a human-readable assessment. It distinguishes between stable trends, momentum-driven (unstable) trends, corrections, and sideways phases. Multi-Timeframe Analysis: Shows the "Evaluation" for various timeframes (from 5 minutes to 1 week), allowing for a quick overview of the asset's overall picture. ## Flexibility through Profiles and Manual Control One of the indicator's greatest strengths is its customizability: Profiles: You can switch between three predefined analysis profiles with a single click: Short-Term: Focuses on high momentum for day trading. Mid-Term: A balanced setting for swing trading (Standard). Long-Term: Focuses on the stability of the primary trend for investors. Manual Mode: Allows you to adjust every single setting (R2 lengths, score weights) yourself to perfectly tailor the indicator to your own strategy and the specific chart.
Pine Script® indicator
by borg7off9
Engulfing Failure & Overlap Zones [HASIB]🧭 Overview Engulfing Failure & Overlap Zones is a smart price action–based indicator that detects failed engulfing patterns and overlapping zones where potential liquidity traps or reversal setups often occur. It’s designed to visually highlight both bullish and bearish failed engulfing areas with clean labels and zone markings, making it ideal for traders who follow Smart Money Concepts (SMC) or price action–driven trading. ⚙️ Core Concept Engulfing patterns are powerful reversal signals — but not all of them succeed. This indicator identifies: When a Buy Engulfing setup fails and overlaps with a Sell Engulfing zone, and When a Sell Engulfing setup fails and overlaps with a Buy Engulfing zone. These overlapping areas often represent liquidity grab zones, reversal points, or Smart Money manipulation levels. 🎯 Key Features ✅ Detects both Buy and Sell Engulfing Failures ✅ Highlights Overlapping (OL) zones with colored rectangles ✅ Marks Buy EG OL / Sell EG OL labels automatically ✅ Fully customizable visuals — colors, padding, and zone styles ✅ Optimized for both scalping and swing trading ✅ Works on any timeframe and any instrument ⚡ How It Helps Identify liquidity traps before reversals happen Visually see Smart Money overlap zones between opposing engulfing structures Strengthen your entry timing and confirmation zones Combine with your own SMC or ICT-based trading setups for higher accuracy 📊 Recommended Use Use on higher timeframes (e.g., M15, H1, H4) to confirm major liquidity zones. Use on lower timeframes (e.g., M1–M5) for precision entries inside the detected zones. Combine with tools like Order Blocks, Break of Structure (BOS), or Fair Value Gaps (FVG). 🧠 Pro Tip When a failed engulfing overlaps with an opposite engulfing zone, it often signals market maker intent to reverse price direction after liquidity has been taken. Watch these zones closely for strong reaction candles.
Pine Script® indicator
by hsf2025
Advanced DMI [NexusSignals]Overview The Advanced DMI is a enhanced version of the classic Directional Movement Index (DMI) and Average Directional Index (ADX) indicator, designed to provide traders with deeper insights into trend strength, direction, and momentum. It combines visual plots, a customizable data table, and multiple alert conditions to help identify bullish/bearish trends, consolidations, and potential reversals. This indicator is ideal for trend-following strategies, scalping, or swing trading across various timeframes and assets. Key enhancements include: A trend strength metric that quantifies bullish/bearish dominance. A dynamic table displaying real-time and historical DMI/ADX values, with color-coded signals and buy/sell pressure percentages. Visual fills and arrows for quick trend interpretation. Built-in alerts for key crossovers, threshold breaches, and consolidation phases. The indicator calculates and display: +DI (Plus Directional Indicator): Measures upward price movement strength. -DI (Minus Directional Indicator): Measures downward price movement strength. ADX: Gauges overall trend strength (higher values indicate stronger trends). Trend Strength: A normalized score computed as ((+DI - -DI) / (+DI + -DI)) * ADX, ranging from negative (bearish) to positive (bullish). This helps quantify trend bias. Buy/Sell %: Candle body analysis showing the percentage of buyer (close above low) vs. seller (high above close) control in the current bar. Plots include: Strength Histogram : Color-coded columns (green for bullish, red for bearish) to visualize trend intensity. ADX Line : White line showing trend strength, with arrows indicating rising/falling. +DI and -DI Lines: Green (+DI) and red (-DI) lines with conditional fills above the 15 threshold for strong trends. Horizontal threshold lines at 15 (consolidation threshold) and 25 (strong trend threshold). The table (optional) summarizes data for the current candle, previous candle, and two candles ago, including arrows for directional changes and color highlights for quick scans. Inputs General Settings: DMI Length (default: 14): Period for +DI/-DI calculation. ADX Smoothing (default: 14): Smoothing period for ADX. ADX Consolidation Threshold (default: 15): Below this, suggests sideways market. ADX Stronger Trend Threshold (default: 25): Above this, indicates a robust trend. Threshold for Strong Bullish/Bearish DMI Strength (defaults: 10 / -10): Levels for strength alerts. Table Settings: Show Table? (default: true): Toggle the data table on/off. Table Text Color, Header Color, Text Size, Position: Customize appearance and placement (e.g., middle_right). How It Works Interpretation Bullish Signals: +DI > -DI, rising +DI (↑ arrow), Strength > 0 (green histogram), Buy% > Sell%. Look for ADX > 25 for confirmed uptrends. Bearish Signals: -DI > +DI, rising -DI (↑ arrow), Strength < 0 (red histogram), Sell% > Buy%. ADX rising above thresholds strengthens the downtrend. Consolidation: Both +DI and -DI < 20, ADX ≤ 15 (blue fill possible). Use this to avoid choppy markets. Crossovers: +DI crossing above -DI suggests bullish reversal; opposite for bearish. Fills: Areas above 15 highlight dominant trends (green for bullish, maroon for bearish). Combine with price action or other indicators like RSI for better accuracy. Works on any timeframe, but test on historical data for your strategy. Alerts The indicator includes 12 built-in alert conditions for automation: Strength crossing above/below 0 or bullish/bearish thresholds. +DI/-DI crossovers (bullish/bearish). ADX crossing above strong threshold. +DI/-DI crossing above 25 or below 15. Consolidation detection (low ADX with flat DI lines). Set up alerts in TradingView by selecting the condition from the dropdown. Usage Tips Enable the table for quick multi-candle analysis without scrolling the chart. Customize colors and positions to fit your workspace. Backtest on your favorite assets (e.g., stocks, forex, crypto) to optimize thresholds. For faster loading on large datasets, the script is optimized to update the table only on the last bar. This indicator is provided by NexusSignals for educational and trading purposes. Always use risk management and verify signals. Feedback welcome!
Pine Script® indicator
by NexusSignals
RSI Divergence Screener [Pineify]RSI Divergence Screener Key Features Multi-symbol and multi-timeframe support for advanced market screening. Real-time detection and visualization of bullish and bearish RSI divergences. Seamless integration with core technical indicators and custom divergences. Highly customizable parameters for precise adaptation to personal trading strategies. Comprehensive screener table for swift asset comparison and analysis. How It Works The RSI Divergence Screener leverages the power of Relative Strength Index (RSI) to systematically track momentum shifts across cryptocurrencies and their respective timeframes. By monitoring both fast and slow RSI calculations, the screener isolates divergence signals—key reversal points that often precede major price moves. The indicator calculates two RSI values for each selected asset: one with a short lookback (Fast RSI) and another with a longer period (Slow RSI). It runs a comparative algorithm to find divergences—whenever Fast RSI deviates significantly from Slow RSI, it flags the signal as bullish or bearish. All detected divergences are dynamically presented in a table view, allowing traders to scan symbols and timeframes for optimal trading setups. Trading Ideas and Insights Spot early momentum reversals and preempt major price swings via divergence signals. Combine multiple symbols and timeframes for cross-market trending opportunities. Identify high-probability scalping and swing trading setups informed by RSI divergence logic. Quickly compare crypto asset strength and trend exhaustion across short and long-term horizons. How Multiple Indicators Work Together This screener’s edge lies in its synergistic use of multi-setting RSI calculations and customizable input groups. The dual-RSI approach (Fast vs. Slow) isolates subtle trend shifts missed by traditional single-period RSI. Safe and reliable divergences arise only when the mathematical difference between Fast RSI and Slow RSI meets predefined thresholds, minimizing false positives. Divergences are contextualized using tailored color codes and backgrounds, rendering insights immediately actionable. You can expand analysis with additional moving average filters or overlays for further confirmation. Unique Aspects First-of-its-kind screener dedicated solely to RSI divergence, designed especially for crypto volatility. Efficient screening of up to eight assets and multiple timeframes in one compact dashboard. Intuitive iconography, color logic, and table layouts optimized for rapid decision-making. Advanced input group design for fine-tuning indicator settings per symbol, timeframe, and source. How to Use Select up to eight cryptocurrency symbols to screen for divergence signals. Assign individual timeframes and source prices for each asset to customize analysis. Set Fast RSI and Slow RSI lengths according to your preferred strategy (e.g., scalping, swing, or trend following). Review the screener table: colored cells highlight actionable bullish (green) and bearish (red) divergences. Confirm trade setups with additional indicators or price action for robust risk management. Customization Symbols: Choose any crypto pair or ticker for dynamic divergence tracking. Timeframes: Scan across 1m, 5m, 10m, 30m, and more for full market coverage. RSI lengths: Configure Fast and Slow RSI periods based on volatility and trading style. Visuals: Tailor table colors, fonts, and alert backgrounds per your preference. Conclusion The RSI Divergence Screener is a versatile, original TradingView indicator that empowers traders to scan, compare, and act on divergence signals with speed and precision. Its multi-symbol design, robust logic, and extensive customization options set a new standard for market screening tools. Integrate it into your crypto trading process to capture actionable opportunities ahead of the crowd and optimize your technical analysis workflow.
Pine Script® indicator
by Pineify
Proteus EMA SystemInstitutional-Grade EMA System Overview and Originality The Institutional-Grade EMA System is an advanced, multi-layered Exponential Moving Average (EMA) overlay indicator designed to provide institutional-level trend analysis, market regime identification, and trade signal generation. Unlike standard multi-EMA scripts that simply plot averages and basic crossovers, this indicator introduces a proprietary integration of features tailored for professional traders: customizable presets that dynamically adjust EMA lengths for specific trading styles (e.g., scalping vs. position trading), multiple selectable trend detection algorithms (including a unique multi-bar slope analysis with percentage-based strength thresholding), EMA alignment and confluence detection for spotting high-conviction trends and reversal zones, volume-based signal filtering, and a comprehensive statistics dashboard for real-time market insights. What makes this script original and worthy of closed-source protection is the bespoke combination of these elements into a cohesive system. For instance, while basic EMA ribbons or trend coloring exist in other indicators, this script's trend detection goes beyond simple comparisons by incorporating a normalized slope percentage calculation (detailed below) to quantify trend strength on a 0-100% scale, integrated with EMA stacking checks and confluence thresholds. This proprietary logic—refined through extensive backtesting on diverse assets—allows for nuanced market regime classification (e.g., "Strong Uptrend" only when alignment, slope strength, and volume align), which isn't replicated in open-source alternatives. The closed-source format protects the exact orchestration of these algorithms, including custom threshold derivations and dashboard computations, preventing direct replication while allowing users full access to the tool's outputs. If published open-source, the unique mathematical formulations (e.g., slope-to-strength mapping) could be easily copied, diminishing its edge in competitive trading environments. This indicator draws conceptual inspiration from institutional trend-following systems (e.g., those using multiple time-horizon EMAs like in hedge fund models), but enhances them with modern Pine Script capabilities for visual and analytical depth. It's particularly useful for traders seeking to reduce false signals in volatile markets by requiring multi-factor confluence. What It Does Core EMA Plotting and Visualization: Plots up to 7 EMAs (5 primary + 2 optional) with dynamic coloring based on detected trend direction and strength (strong bullish: bright green; weak: faded green; neutral: gray; etc.). Includes EMA ribbons (fills between consecutive EMAs) and clouds (broader fills between non-consecutive EMAs) to visualize trend expansion/contraction. Trend Detection and Strength: Classifies trends as strong/weak bullish/bearish or neutral using user-selectable methods, with optional volume confirmation to filter low-conviction moves. Advanced Analytics: Detects EMA alignment (all EMAs stacked in ascending/descending order for bullish/bearish trends). Identifies EMA confluence zones (tight clustering of EMAs, signaling potential reversals or consolidations). Draws dynamic support/resistance lines from the nearest EMAs relative to price. Signals and Alerts: Generates buy/sell signals on customizable EMA crossovers, only if volume thresholds are met. Includes alerts for crossovers, alignments, confluences, and regime shifts. User Interface Enhancements: Background coloring for quick trend bias (e.g., green for uptrends, yellow for confluences), dynamic line widths (thicker for slower EMAs), trend state labels, and a table-based dashboard displaying metrics like market regime, trend strength percentage, EMA slopes in degrees, price distances to key EMAs, volume status, and alignment state. Customization Presets: Pre-configured EMA lengths for Scalping (short, reactive: e.g., 5/8/13), Day Trading (balanced: 9/21/50), Swing Trading (medium-term: 20/50/100), Position Trading (long-term: 50/100/150), or fully custom. The result is a versatile tool that adapts to any timeframe or asset, helping traders identify high-probability setups by combining trend momentum, volume, and EMA dynamics. How It Works: Underlying Concepts and Calculations Without revealing the full implementation, here's a transparent overview of the key concepts and methodologies to help users understand the indicator's logic: EMA Calculation and Presets: EMAs are computed using standard exponential smoothing (weighting recent prices more heavily). Presets optimize lengths based on trading horizon—shorter for scalping to capture quick reversals, longer for position trading to filter noise. For example, Swing preset uses 20/50/100/150/200 to balance short-term pullbacks with long-term trends, derived from Fibonacci-inspired progressions for natural market rhythm alignment. Trend Detection Methods: Users select from four algorithms for flexibility: Multi-Bar Slope (Default): Calculates the average slope over a lookback period (e.g., 3 bars) as (current EMA value - EMA value ) / lookback. Normalizes to a percentage relative to the EMA value: slope_percent = (slope / EMA) * 100. Thresholds classify trends (e.g., >0.05% = strong bullish; 0.01-0.05% = weak; symmetric for bearish). This method draws from linear regression concepts but simplifies for real-time use, providing robust trend quantification over simple bar-to-bar changes. Previous Bar: Compares current EMA to the prior bar's, with percentage change thresholds (e.g., >0.1% = strong) for quick momentum shifts. EMA vs EMA: Measures the percentage difference between fast and slow EMAs (e.g., >2% = strong bullish), inspired by MACD-like divergence but applied directly to EMAs. Price Position: Gauges price's percentage distance from the EMA (e.g., >1% above = strong bullish), similar to envelope channels but integrated into trend coloring. Trend strength is further scored (0-100%) by averaging absolute slopes of key EMAs, scaled for dashboard display. Volume Confirmation: Uses a simple moving average of volume over a user-defined length (default 20), requiring current volume to exceed it by a multiplier (default 1.2x) for signal validation. This filters out low-volume fakeouts, akin to institutional volume-weighted strategies. EMA Alignment: Checks if all visible EMAs are in strict order (fastest highest in uptrends, lowest in downtrends) by iterating through active EMAs and verifying sequential relationships. Signals "ALIGNED" shapes when true, indicating stacked trends like in ribbon strategies but with programmatic validation. EMA Confluence: Computes the average of active EMAs, then measures the maximum percentage deviation of any EMA from this average. If below a threshold (default 0.5%), marks a "CONFLUENCE ZONE" box, conceptually similar to Bollinger Band squeezes but applied to EMA clusters for reversal anticipation. Market Regime Classification: Combines alignment, trend score (>30% for "strong"), and price position relative to slowest EMA. For example, bullish alignment + high score = "Strong Uptrend"; close clustering = "Consolidation". This heuristic draws from regime-switching models in quantitative finance. Signals and Visuals: Crossovers between user-selected EMAs (e.g., fast #1 over slow #2) plot "BUY/SELL" shapes only if volume-confirmed. Ribbons use color fills (green/red) based on EMA order; background shades reflect regime; S/R lines extend from max/min EMAs below/above price over a lookback (default 50 bars). These calculations ensure the indicator provides actionable, multi-confirmed insights rather than generic plots. How to Use It Setup: Add to your chart and select a preset (e.g., "Swing Trading" for 1H-4H charts). Customize trend method (start with "Multi-Bar Slope" for accuracy), enable volume filter for reliability, and toggle visuals like ribbons or dashboard. Trend Following: In a "Strong Uptrend" (green background, upward slopes >30%, bullish alignment), go long above the fastest EMA. Use S/R lines for stops (below nearest support EMA). Swing Trading Example: On a daily SPX chart with Swing preset: Wait for "Weak Uptrend" transition to "Strong" (trend score >50%, positive slopes, volume spike). Enter long on EMA1 (20) crossing EMA2 (50), confirmed by "BUY" signal. Target next resistance EMA (e.g., 150), exit on bearish crossover or confluence zone (yellow box signaling potential top). Risk: Stop below EMA3 (100); aim for 2:1 reward:risk on multi-day holds. Scalp Trading Example: On a 5-min BTCUSD chart with Scalping preset: Focus on quick "Weak Bullish" shifts (faded green EMAs, slope >0.01%). Buy on EMA1 (5) crossing EMA3 (13) with high volume (>1.5x avg). Scalp 0.2-0.5% gains, exit at slope flattening (dashboard shows <30% strength) or nearest resistance. Avoid confluences (chop); use 1-min for entries, 15-min for bias. General Tips: Combine with price action (e.g., candlestick patterns at confluence zones). Backtest presets on your asset—adjust thresholds for volatility (e.g., tighter confluence for forex). Use alerts for hands-off monitoring; multi-timeframe analysis enhances accuracy (higher TF for regime, lower for signals). For ranging markets ("Neutral" regime), fade extremes near S/R zones. Examples for Swing Trading Swing trading focuses on capturing medium-term moves (days to weeks) in trending markets. Use the "Swing Trading" preset, which sets EMAs to 20, 50, 100, 150, 200, 75, 125—balancing sensitivity and smoothness. Bullish Setup Example: On a daily chart of AAPL, wait for a "Strong Uptrend" regime (green background, bullish alignment label, trend strength >50%). Enter long on a valid bullish crossover (green "BUY" circle) between EMA1 (20) and EMA2 (50), confirmed by high volume. Set stop below nearest support EMA (e.g., EMA3 at 100), target 2-3x risk or next resistance. Hold until bearish crossover or alignment breaks. Bearish Setup Example: On a 4H chart of EURUSD, spot a "Strong Downtrend" (red background, bearish alignment). Short on a bearish crossover (red "SELL") between EMA1 and EMA3, with volume confirmation. Stop above nearest resistance EMA, exit on confluence zone (yellow) signaling potential reversal. Tip: Focus on alignments for trend confirmation—avoid trading against them. Use confluence zones as profit-taking areas in ranging markets. Examples for Scalp Trading Scalping targets quick, short-term trades (minutes to hours) on lower timeframes. Select the "Scalping" preset for shorter EMAs (5, 8, 13, 21, 34, 55, 89) to catch rapid moves. Bullish Setup Example: On a 1-min chart of BTCUSD, look for "Weak Uptrend" (faded green background, positive slopes). Enter long on a fast crossover (e.g., EMA1 over EMA2) with high volume and no confluence (avoid chop). Scalp for 0.5-1% gain, exit on slope flattening or bearish cross. Use tight stops below the fastest EMA. Bearish Setup Example: On a 5-min chart of TSLA, identify "Weak Downtrend" (faded red). Short on a crossover between EMA2 and EMA3, confirmed by volume spike. Target small moves (e.g., 10-20 pips), exit at nearest support EMA or if trend strength drops below 30%. Tip: Prioritize "Multi-Bar Slope" detection for quick trend shifts. Disable background if it's distracting; focus on crossovers and volume for high-frequency entries. Avoid during confluences, as they signal choppy conditions. This detailed approach ensures traders can replicate setups while appreciating the indicator's original value. Feedback welcome—let's refine trading edges together!
Pine Script® indicator
by starseedmaster1
NSR FVG High Time FramesIndicator Name : NSR FVG High Time Frames Short Title : NSR FVGHTF Description :The NSR FVG High Time Frames indicator identifies and visualizes Fair Value Gaps (FVGs) on higher timeframes (4-hour, Daily, and Weekly) directly on your chart. FVGs are price gaps formed between the high and low of non-consecutive candles, often indicating areas of market inefficiency that price may revisit. This indicator is designed for traders who incorporate multi-timeframe analysis into their strategies, providing a clear visual representation of bullish and bearish FVGs with customizable settings. Unique Feature :Unlike traditional FVG indicators that mark a gap as closed when the current candle’s close crosses the gap’s boundaries, NSR FVG High Time Frames employs a distinctive closure logic. It allows an additional candle to determine whether the price re-enters the gap or continues beyond it. This approach provides a more nuanced assessment of gap closure, potentially reducing false signals by giving the market an extra candle to confirm its direction. This feature makes the indicator particularly suitable for traders seeking to validate FVG interactions with greater precision. Key Features : Multi-Timeframe Support : Detects FVGs on 4-hour, Daily, and Weekly timeframes, with options to enable or disable each timeframe. Customizable Appearance : Users can adjust the visual style (Line, Dotted, Dashed) and colors for bullish and bearish FVGs, as well as enable/disable extension of FVG boxes to the right. Flexible Lookback : Configurable lookback periods for entry (up to 10,000 candles) and FVG detection (up to 70 FVGs), allowing users to tailor the indicator to their trading style. Minimum FVG Size : Set a minimum gap size (in ticks) to filter out insignificant FVGs, ensuring only meaningful gaps are displayed. Closed FVG Removal : Option to automatically remove closed FVGs from the chart for a cleaner view. Alert Integration : Generates alerts for new FVGs and changes in their status (e.g., verified, partial, closed), enabling traders to set up custom notifications. How to Use : Add to Chart : Apply the indicator to any chart. It works best on lower timeframes (e.g., 1H, 4H) to visualize higher-timeframe FVGs. Configure Settings : Adjust the inputs in the settings panel: Enable/disable 4-hour, Daily, or Weekly FVGs based on your analysis needs. Set the lookback periods and minimum FVG size to match your trading strategy. Customize colors and line styles for better chart readability. Interpret FVGs : Bullish FVGs (green boxes): Represent gaps where price may act as support, potentially attracting price back to the gap. Bearish FVGs (red boxes): Represent gaps where price may act as resistance. Boxes are drawn between the relevant high and low of the candles forming the FVG, with text labels indicating the timeframe (e.g., "4H", "D", "Weekly"). Monitor Closure : Watch for price interaction with FVGs. The indicator considers an FVG closed only after an additional candle confirms the price has moved beyond the gap or failed to re-enter it, unlike standard FVG indicators. Set Alerts : Use the alert feature to receive notifications when new FVGs form or their status changes (e.g., "partial" or "closed"). Settings : Entry Lookback (candles) : Number of candles to look back for FVG detection (default: 10,000). Number of FVG to Lookback : Maximum number of FVGs to display (default: 70). Minimum FVG Size : Minimum gap size in ticks (default: 5). Remove Closed : Toggle to remove closed FVGs from the chart (default: true). Show/Extend 4Hour/Daily/Weekly : Enable/disable FVGs for each timeframe and choose whether to extend boxes to the right. Color and Style Options : Customize fill and border colors, and select line styles (Line, Dotted, Dashed) for each timeframe. Use Cases : Swing Trading : Identify potential support/resistance zones on higher timeframes for entry or exit points. Price Action Analysis : Use FVGs to confirm market inefficiencies or reversal zones. Multi-Timeframe Strategies : Combine with lower-timeframe indicators to align entries with higher-timeframe FVGs. Notes : The indicator is optimized for lower timeframes to display higher-timeframe FVGs. Avoid using it on Weekly or Monthly charts for Daily/Weekly FVGs to prevent overlap issues. The unique closure logic may delay FVG closure signals compared to other indicators, which can help filter out premature closures but requires patience for confirmation. Performance may vary on very low timeframes with large lookback periods due to the number of FVGs processed. Disclaimer :This indicator is for informational purposes only and does not constitute financial advice. Always conduct your own analysis and test the indicator thoroughly before using it in live trading.
Pine Script® indicator
by nsrgroup
1
Market Tension Map v2📊 Market Tension Map v2 — Detailed Description core concept market tension map v2 measures market "tension" through a combination of three independent metrics: volatility, volume, and open interest changes. the indicator operates on the compressed spring principle—when the market enters a state of low volatility with high volume and growing OI, it creates "tension" that predicts a potential sharp price movement.​​ calculation methodology component 1: volatility score (0-100) relative volatility is measured through price standard deviation over a specified period. key distinction—inversion: low volatility produces a high score because range compression creates energy for future movement.​​ component 2: volume score (0-100) normalization of current volume relative to the period range. high volume during low volatility signals accumulation of positions by large players before a move.​​ component 3: open interest score (0-100) evaluation of open interest changes (available only for futures). rising OI confirms new positions entering the market rather than just redistribution of existing ones.​ final tension index arithmetic mean of three components (or two if OI unavailable). values above threshold (default 70) signal spring "compression".​​ signal types compression signal (🔴 red diamond) appears when tension index exceeds threshold with normal candle size. this is a predictive signal—market is compressed but explosion hasn't occurred yet. optimal for entry before movement with tight stop.​ climax signal (⚠️ orange diamond) occurs when threshold crossed + large candle (size > ATR × multiplier). this is a reactive signal of culmination—energy already released. often indicates short-term reversal or move exhaustion.​​ uniqueness of approach unlike classic compression indicators (bollinger bands squeeze, keltner channels), mtm v2 doesn't rely solely on volatility. adding volume and OI scores creates a multidimensional picture of market microstructure. volatility score inversion is original logic where calm is interpreted as tension.​​ the algorithm distinguishes two breakout types: compression without movement (compression)—anticipation trading compression with large candle (climax)—reversal trading this separation is absent in standard indicators.​ parameter settings calculation period (20)—normalization window length. lower = more sensitive to short-term changes.​​ tension threshold (70)—signal activation level. higher = fewer signals but better quality.​ atr length (14) + atr multiplier (2.0)—large candle detection parameters for climax signals. increasing multiplier makes filter stricter.​​ colors and style—full customization of visual elements to adapt to your chart theme.​ how to use main chart: histogram shows current tension level. yellow = rising, gray = falling.​​ signals on price chart: red diamond above candle = prepare for entry (compression) orange diamond = move occurred, watch for reversal (climax)​ background highlight: tinted background shows high tension zones.​ data table: real-time monitoring of all components + bar status (live/closed).​ alerts: configure notifications for compression or climax signals for automatic monitoring.​ limitations open interest available only for futures. for spot markets indicator works with two components.​ requires sufficient bar history (>= calculation period) for correct calculations.​ on live bar (not closed) values may repaint—use confirmed signals for trading.​ recommended timeframes 1h-4h: optimal for swing trading, signals more reliable.​ 15m-30m: suitable for intraday but requires false breakout filtering.​ d: strategic positions, high risk/reward ratio.​ license: mozilla public license 2.0​ version: pinescript v6
Pine Script® indicator
by cryptomannncryptomannn
Trend Ali📈 Trend Ali - Advanced Hull Moving Average Indicator 🎯 Overview This indicator is an advanced and highly customizable version of the Hull Moving Average (HMA), designed for precise trend identification and optimal entry/exit point detection in various market conditions. ✨ Key Features 🔄 Three Hull Moving Average Calculation Methods The indicator offers three distinct calculation approaches to suit different trading styles: 1. HMA (Standard Hull Moving Average) Ideal for most market conditions Excellent balance between responsiveness and noise reduction Uses WMA (Weighted Moving Average) for calculations Best for general trend following 2. EHMA (Exponential Hull Moving Average) Faster reaction to price changes Perfect for volatile markets and quick scalping Uses EMA instead of WMA for enhanced sensitivity Recommended for aggressive trading strategies 3. THMA (Triangular Hull Moving Average) Smoother than the standard version Reduces false signals significantly Optimal for higher timeframes and position trading Provides clearer trend direction 🛠️ Advanced Settings Length Parameter This parameter directly affects the indicator's sensitivity and behavior: 55: Perfect for Swing Trading and identifying entry points Catches medium-term trends Good balance for 4H to Daily charts 180-200: Ideal for identifying floating Support/Resistance levels Acts as dynamic S/R zones Excellent for position trading Reduces market noise significantly Shorter Length = Faster response but more noise Longer Length = Stronger signals but with more lag Length Multiplier View higher timeframe trends without changing your chart Default value of 6.0 provides macro trend analysis Increasing this value smooths the line further Useful for multi-timeframe analysis on a single chart Creates "straight band" effect for clearer trend visualization Higher Timeframe Analysis Display Hull MA from any higher timeframe Extremely useful for scalping while maintaining trend awareness Default: 240 minutes (4-hour chart) Helps avoid counter-trend trades Provides context for lower timeframe decisions 🎨 Intelligent Color System The indicator automatically adjusts colors based on trend direction: 🟢 Green: Uptrend (price moving above previous levels) Indicates bullish momentum Consider long positions 🔴 Red: Downtrend (price moving below previous levels) Indicates bearish momentum Consider short positions or exit longs 🟠 Orange: Neutral (when color coding is disabled) For traders who prefer monochrome display 📊 How to Use For Swing Trading (Length: 55) Wait for color change from red to green for long entries Wait for color change from green to red for short entries or exits Use price action confirmation at the Hull MA line The line acts as dynamic support/resistance For Support/Resistance (Length: 180-200) The Hull MA acts as a floating S/R zone Price bouncing off the line indicates strong trend Price crossing the line signals potential trend reversal Use for position sizing and stop loss placement For Scalping (with Higher Timeframe) Enable "Show Hull MA from X timeframe" Select 240 (4H) or higher timeframe Only take trades in direction of higher timeframe trend Use lower timeframe for precise entries Higher timeframe Hull MA keeps you on the right side Multi-Timeframe Strategy Use Length Multiplier to see macro trend Keep your chart on preferred timeframe Align trades with the smoothed trend direction Enter on pullbacks to the Hull MA line 🔍 Technical Details Why Hull Moving Average? Traditional moving averages face a tradeoff between lag and noise. Hull Moving Average solves this by: Using weighted calculations for faster response Applying square root of length for optimal smoothing Eliminating lag while maintaining smoothness Calculation Method The indicator uses sophisticated algorithms: HMA: Combines multiple WMAs with square root period EHMA: Applies exponential smoothing for speed THMA: Uses triangular weighting for stability RSI Source Input Allows using any price source (Close, Open, HL2, etc.) Default: Close price Experiment with different sources for unique insights ⚙️ Recommended Settings Day Trading Mode: EHMA Length: 55 Length Multiplier: 3-4 Color: Enabled Swing Trading Mode: HMA Length: 55 Length Multiplier: 6 Color: Enabled Position Trading Mode: THMA Length: 180-200 Length Multiplier: 8-10 Color: Enabled Scalping Mode: HMA or EHMA Length: 55 Higher Timeframe: Enabled (240 or higher) Color: Enabled 💡 Pro Tips Trend Confirmation: Wait for 2-3 candles to confirm color change before entering Divergence: Watch for price/Hull MA divergence for reversal signals Volume: Combine with volume analysis for stronger signals Multiple Instances: Add indicator twice with different settings for multi-timeframe view Backtesting: Test different Length values for your specific asset and timeframe Risk Management: Use Hull MA distance for stop loss placement ⚠️ Important Notes No indicator is 100% accurate - always use risk management Best used in combination with price action and other technical analysis Different markets may require different settings Backtest thoroughly before live trading Consider market volatility when adjusting parameters
Pine Script® indicator
by hashem-trader
RSI Bollinger Bands [DCAUT]█ RSI Bollinger Bands 📊 ORIGINALITY & INNOVATION The RSI Bollinger Bands indicator represents a meaningful advancement in momentum analysis by combining two proven technical tools: the Relative Strength Index (RSI) and Bollinger Bands. This combination addresses a significant limitation in traditional RSI analysis - the use of fixed overbought/oversold thresholds (typically 70/30) that fail to adapt to changing market volatility conditions. Core Innovation: Rather than relying on static threshold levels, this indicator applies Bollinger Bands statistical analysis directly to RSI values, creating dynamic zones that automatically adjust based on recent momentum volatility. This approach helps reduce false signals during low volatility periods while remaining sensitive to genuine extremes during high volatility conditions. Key Enhancements Over Traditional RSI: Dynamic Thresholds: Overbought/oversold zones adapt to market conditions automatically, eliminating the need for manual threshold adjustments across different instruments and timeframes Volatility Context: Band width provides immediate visual feedback about momentum volatility, helping traders distinguish between stable trends and erratic movements Reduced False Signals: During ranging markets, narrower bands filter out minor RSI fluctuations that would trigger traditional fixed-threshold signals Breakout Preparation: Band squeeze patterns (similar to price-based BB) signal potential momentum regime changes before they occur Self-Referencing Analysis: By measuring RSI against its own statistical behavior rather than arbitrary levels, the indicator provides more relevant context 📐 MATHEMATICAL FOUNDATION Two-Stage Calculation Process: Stage 1: RSI Calculation RSI = 100 - (100 / (1 + RS)) where RS = Average Gain / Average Loss over specified period The RSI normalizes price momentum into a bounded 0-100 scale, making it ideal for statistical band analysis. Stage 2: Bollinger Bands on RSI Basis = MA(RSI, BB Length) Upper Band = Basis + (StdDev(RSI, BB Length) × Multiplier) Lower Band = Basis - (StdDev(RSI, BB Length) × Multiplier) Band Width = Upper Band - Lower Band The Bollinger Bands measure RSI's standard deviation from its own moving average, creating statistically-derived dynamic zones. Statistical Interpretation: Under normal distribution assumptions with default 2.0 multiplier, approximately 95% of RSI values should fall within the bands Band touches represent statistically significant momentum extremes relative to recent behavior Band width expansion indicates increasing momentum volatility (strengthening trend or increasing uncertainty) Band width contraction signals momentum consolidation and potential regime change preparation 📊 COMPREHENSIVE SIGNAL ANALYSIS Visual Color Signals: This indicator features dynamic color fills that highlight extreme momentum conditions: Green Fill (Above Upper Band): Appears when RSI breaks above the upper band, indicating exceptionally strong bullish momentum Represents dynamic overbought zone - not necessarily a reversal signal but a warning of extreme conditions In strong uptrends, green fills can persist as RSI "rides the band" - this indicates sustained momentum strength Exit of green zone (RSI falling back below upper band) often signals initial momentum weakening Red Fill (Below Lower Band): Appears when RSI breaks below the lower band, indicating exceptionally weak bearish momentum Represents dynamic oversold zone - potential reversal or continuation signal depending on trend context In strong downtrends, red fills can persist as RSI "rides the band" - this indicates sustained selling pressure Exit of red zone (RSI rising back above lower band) often signals initial momentum recovery Position-Based Signals: Upper Band Interactions: RSI Touching Upper Band: Dynamic overbought condition - momentum is extremely strong relative to recent volatility, potential exhaustion or continuation depending on trend context RSI Riding Upper Band: Sustained strong momentum, often seen in powerful trends, not necessarily an immediate reversal signal but warrants monitoring for exhaustion RSI Crossing Below Upper Band: Initial momentum weakening signal, particularly significant if accompanied by price divergence Lower Band Interactions: RSI Touching Lower Band: Dynamic oversold condition - momentum is extremely weak relative to recent volatility, potential reversal or continuation of downtrend RSI Riding Lower Band: Sustained weak momentum, common in strong downtrends, monitor for potential exhaustion RSI Crossing Above Lower Band: Initial momentum strengthening signal, early indication of potential reversal or consolidation Basis Line Signals: RSI Above Basis: Bullish momentum regime - upward pressure dominant RSI Below Basis: Bearish momentum regime - downward pressure dominant Basis Crossovers: Momentum regime shifts, more significant when accompanied by band width changes RSI Oscillating Around Basis: Balanced momentum, often indicates ranging market conditions Volatility-Based Signals: Band Width Patterns: Narrow Bands (Squeeze): Momentum volatility compression, often precedes significant directional moves, similar to price coiling patterns Expanding Bands: Increasing momentum volatility, indicates trend acceleration or growing uncertainty Narrowest Band in 100 Bars: Extreme compression alert, high probability of upcoming volatility expansion Advanced Pattern Recognition: Divergence Analysis: Bullish Divergence: Price makes lower lows while RSI touches or stays above previous lower band touch, suggests downward momentum weakening Bearish Divergence: Price makes higher highs while RSI touches or stays below previous upper band touch, suggests upward momentum weakening Hidden Bullish: Price makes higher lows while RSI makes lower lows at the lower band, indicates strong underlying bullish momentum Hidden Bearish: Price makes lower highs while RSI makes higher highs at the upper band, indicates strong underlying bearish momentum Band Walk Patterns: Upper Band Walk: RSI consistently touching or staying near upper band indicates exceptionally strong trend, wait for clear break below basis before considering reversal Lower Band Walk: RSI consistently at lower band signals very weak momentum, requires break above basis for reversal confirmation 🎯 STRATEGIC APPLICATIONS Strategy 1: Mean Reversion Trading Setup Conditions: Market Type: Ranging or choppy markets with no clear directional trend Timeframe: Works best on lower timeframes (5m-1H) or during consolidation phases Band Characteristic: Normal to narrow band width Entry Rules: Long Entry: RSI touches or crosses below lower band, wait for RSI to start rising back toward basis before entry Short Entry: RSI touches or crosses above upper band, wait for RSI to start falling back toward basis before entry Confirmation: Use price action confirmation (candlestick reversal patterns) at band touches Exit Rules: Target: RSI returns to basis line or opposite band Stop Loss: Fixed percentage or below recent swing low/high Time Stop: Exit if position not profitable within expected timeframe Strategy 2: Trend Continuation Trading Setup Conditions: Market Type: Clear trending market with higher highs/lower lows Timeframe: Medium to higher timeframes (1H-Daily) Band Characteristic: Expanding or wide bands indicating strong momentum Entry Rules: Long Entry in Uptrend: Wait for RSI to pull back to basis line or slightly below, enter when RSI starts rising again Short Entry in Downtrend: Wait for RSI to rally to basis line or slightly above, enter when RSI starts falling again Avoid Counter-Trend: Do not fade RSI at bands during strong trends (band walk patterns) Exit Rules: Trailing Stop: Move stop to break-even when RSI reaches opposite band Trend Break: Exit when RSI crosses basis against trend direction with conviction Band Squeeze: Reduce position size when bands start narrowing significantly Strategy 3: Breakout Preparation Setup Conditions: Market Type: Consolidating market after significant move or at key technical levels Timeframe: Any timeframe, but longer timeframes provide more reliable breakouts Band Characteristic: Narrowest band width in recent 100 bars (squeeze alert) Preparation Phase: Identify band squeeze condition (bands at multi-period narrowest point) Monitor price action for consolidation patterns (triangles, rectangles, flags) Prepare bracket orders for both directions Wait for band expansion to begin Entry Execution: Breakout Confirmation: Enter in direction of RSI band breakout (RSI breaks above upper band or below lower band) Price Confirmation: Ensure price also breaks corresponding technical level Volume Confirmation: Look for volume expansion supporting the breakout Risk Management: Stop Loss: Place beyond consolidation pattern opposite extreme Position Sizing: Use smaller size due to false breakout risk Quick Exit: Exit immediately if RSI returns inside bands within 1-3 bars Strategy 4: Multi-Timeframe Analysis Timeframe Selection: Higher Timeframe: Daily or 4H for trend context Trading Timeframe: 1H or 15m for entry signals Confirmation Timeframe: 5m or 1m for precise entry timing Analysis Process: Trend Identification: Check higher timeframe RSI position relative to bands, trade only in direction of higher timeframe momentum Setup Formation: Wait for trading timeframe RSI to show pullback to basis in trending direction Entry Timing: Use confirmation timeframe RSI band touch or crossover for precise entry Alignment Confirmation: All timeframes should show RSI moving in same direction for highest probability setups 📋 DETAILED PARAMETER CONFIGURATION RSI Source: Close (Default): Standard price point, balances responsiveness and reliability HL2: Reduces noise from intrabar volatility, provides smoother RSI values HLC3 or OHLC4: Further smoothing for very choppy markets, slower to respond but more stable Volume-Weighted: Consider using VWAP or volume-weighted prices for additional liquidity context RSI Length Parameter: Shorter Periods (5-10): More responsive but generates more signals, suitable for scalping or very active trading, higher noise level Standard (14): Default and most widely used setting, proven balance between responsiveness and reliability, recommended starting point Longer Periods (21-30): Smoother momentum measurement, fewer but potentially more reliable signals, better for swing trading or position trading Optimization Note: Test across different market regimes, optimal length often varies by instrument volatility characteristics RSI MA Type Parameter: RMA (Default): Wilder's original smoothing method, provides traditional RSI behavior with balanced lag, most widely recognized and tested, recommended for standard technical analysis EMA: Exponential smoothing gives more weight to recent values, faster response to momentum changes, suitable for active trading and trending markets, reduces lag compared to RMA SMA: Simple average treats all periods equally, smoothest output with highest lag, best for filtering noise in choppy markets, useful for long-term position analysis WMA: Weighted average emphasizes recent data less aggressively than EMA, middle ground between SMA and EMA characteristics, balanced responsiveness for swing trading Advanced Options: Full access to 25+ moving average types including HMA (reduced lag), DEMA/TEMA (enhanced responsiveness), KAMA/FRAMA (adaptive behavior), T3 (smoothness), Kalman Filter (optimal estimation) Selection Guide: RMA for traditional analysis and backtesting consistency, EMA for faster signals in trending markets, SMA for stability in ranging markets, adaptive types (KAMA/FRAMA) for varying volatility regimes BB Length Parameter: Short Length (10-15): Tighter bands that react quickly to RSI changes, more frequent band touches, suitable for active trading styles Standard (20): Balanced approach providing meaningful statistical context without excessive lag Long Length (30-50): Smoother bands that filter minor RSI fluctuations, captures only significant momentum extremes, fewer but higher quality signals Relationship to RSI Length: Consider BB Length greater than RSI Length for cleaner signals BB MA Type Parameter: SMA (Default): Standard Bollinger Bands calculation using simple moving average for basis line, treats all periods equally, widely recognized and tested approach EMA: Exponential smoothing for basis line gives more weight to recent RSI values, creates more responsive bands that adapt faster to momentum changes, suitable for trending markets RMA: Wilder's smoothing provides consistent behavior aligned with traditional RSI when using RMA for both RSI and BB calculations WMA: Weighted average for basis line balances recent emphasis with historical context, middle ground between SMA and EMA responsiveness Advanced Options: Full access to 25+ moving average types for basis calculation, including HMA (reduced lag), DEMA/TEMA (enhanced responsiveness), KAMA/FRAMA (adaptive to volatility changes) Selection Guide: SMA for standard Bollinger Bands behavior and backtesting consistency, EMA for faster band adaptation in dynamic markets, matching RSI MA type creates unified smoothing behavior BB Multiplier Parameter: Conservative (1.5-1.8): Tighter bands resulting in more frequent touches, useful in low volatility environments, higher signal frequency but potentially more false signals Standard (2.0): Default setting representing approximately 95% confidence interval under normal distribution, widely accepted statistical threshold Aggressive (2.5-3.0): Wider bands capturing only extreme momentum conditions, fewer but potentially more significant signals, reduces false signals in high volatility Adaptive Approach: Consider adjusting multiplier based on instrument characteristics, lower multiplier for stable instruments, higher for volatile instruments Parameter Optimization Workflow: Start with default parameters (RSI:14, BB:20, Mult:2.0) Test across representative sample period including different market regimes Adjust RSI length based on desired responsiveness vs stability tradeoff Tune BB length to match your typical holding period Modify multiplier to achieve desired signal frequency Validate on out-of-sample data to avoid overfitting Document optimal parameters for different instruments and timeframes Reference Levels Display: Enabled (Default): Shows traditional 30/50/70 levels for comparison with dynamic bands, helps visualize the adaptive advantage Disabled: Cleaner chart focusing purely on dynamic zones, reduces visual clutter for experienced users Educational Value: Keeping reference levels visible helps understand how dynamic bands differ from fixed thresholds across varying market conditions 📈 PERFORMANCE ANALYSIS & COMPETITIVE ADVANTAGES Comparison with Traditional RSI: Fixed Threshold RSI Limitations: In ranging low-volatility markets: RSI rarely reaches 70/30, missing tradable extremes In trending high-volatility markets: RSI frequently breaks through 70/30, generating excessive false reversal signals Across different instruments: Same thresholds applied to volatile crypto and stable forex pairs produce inconsistent results Threshold Adjustment Problem: Manually changing thresholds for different conditions is subjective and lagging RSI Bollinger Bands Advantages: Automatic Adaptation: Bands adjust to current volatility regime without manual intervention Consistent Logic: Same statistical approach works across different instruments and timeframes Reduced False Signals: Band width filtering helps distinguish meaningful extremes from noise Additional Information: Band width provides volatility context missing in standard RSI Objective Extremes: Statistical basis (standard deviations) provides objective extreme definition Comparison with Price-Based Bollinger Bands: Price BB Characteristics: Measures absolute price volatility Affected by large price gaps and outliers Band position relative to price not normalized Difficult to compare across different price scales RSI BB Advantages: Normalized Scale: RSI's 0-100 bounds make band interpretation consistent across all instruments Momentum Focus: Directly measures momentum extremes rather than price extremes Reduced Gap Impact: RSI calculation smooths price gaps impact on band calculations Comparable Analysis: Same RSI BB appearance across stocks, forex, crypto enables consistent strategy application Performance Characteristics: Signal Quality: Higher Signal-to-Noise Ratio: Dynamic bands help filter RSI oscillations that don't represent meaningful extremes Context-Aware Alerts: Band width provides volatility context helping traders adjust position sizing and stop placement Reduced Whipsaws: During consolidations, narrower bands prevent premature signals from minor RSI movements Responsiveness: Adaptive Lag: Band calculation introduces some lag, but this lag is adaptive to current conditions rather than fixed Faster Than Manual Adjustment: Automatic band adjustment is faster than trader's ability to manually modify thresholds Balanced Approach: Combines RSI's inherent momentum lag with BB's statistical smoothing for stable yet responsive signals Versatility: Multi-Strategy Application: Supports both mean reversion (ranging markets) and trend continuation (trending markets) approaches Universal Instrument Coverage: Works effectively across equities, forex, commodities, cryptocurrencies without parameter changes Timeframe Agnostic: Same interpretation applies from 1-minute charts to monthly charts Limitations and Considerations: Known Limitations: Dual Lag Effect: Combines RSI's momentum lag with BB's statistical lag, making it less suitable for very short-term scalping Requires Volatility History: Needs sufficient bars for BB calculation, less effective immediately after major regime changes Statistical Assumptions: Assumes RSI values are somewhat normally distributed, extreme trending conditions may violate this Not a Standalone System: Like all indicators, should be combined with price action analysis and risk management Optimal Use Cases: Best for swing trading and position trading timeframes Most effective in markets with alternating volatility regimes Ideal for traders who use multiple instruments and timeframes Suitable for systematic trading approaches requiring consistent logic Suboptimal Conditions: Very low timeframes (< 5 minutes) where lag becomes problematic Instruments with extreme volatility spikes (gap-prone markets) Markets in strong persistent trends where mean reversion rarely occurs Periods immediately following major structural changes (new trading regime) USAGE NOTES This indicator is designed for technical analysis and educational purposes to help traders understand the interaction between momentum measurement and statistical volatility bands. The RSI Bollinger Bands has limitations and should not be used as the sole basis for trading decisions. Important Considerations: No Predictive Guarantee: Past band touches and patterns do not guarantee future price behavior Market Regime Dependency: Indicator performance varies significantly between trending and ranging market conditions Complementary Analysis Required: Should be used alongside price action, support/resistance levels, and fundamental analysis Risk Management Essential: Always use proper position sizing, stop losses, and risk controls regardless of signal quality Parameter Sensitivity: Different instruments and timeframes may require parameter optimization for optimal results Continuous Monitoring: Band characteristics change with market conditions, requiring ongoing assessment Recommended Supporting Analysis: Price structure analysis (support/resistance, trend lines) Volume confirmation for breakout signals Multiple timeframe alignment Market context awareness (news events, session times) Correlation analysis with related instruments The indicator aims to provide adaptive momentum analysis that adjusts to changing market volatility, but traders must apply sound judgment, proper risk management, and comprehensive market analysis in their decision-making process.
Pine Script® indicator
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