Dual Table Dashboard - Correct V3add RSI Data## 📈 Trading Applications
### 1. Trend Following Strategy
```
1. Check TABLE 1 for trend direction (AnEMA29 + PDMDR)
2. If both green → Look for longs
3. If both red → Look for shorts
4. Use TABLE 2 for entry levels
```
### 2. Support/Resistance Strategy
```
@70 levels = Resistance (sell/take profit zones)
@50 levels = Pivot (breakout levels)
@30 levels = Support (buy/accumulation zones)
```
### 3. Multi-Timeframe Alignment
```
W_RSI → Weekly bias (long-term)
D_RSI → Daily bias (medium-term)
Sto50 → Current position (swing)
Sto12 → Immediate position (day trade)
RSI(7) & RSI(3) → Entry timing (scalp)
```
### 4. Color Scanning Method
**Quick visual analysis:**
- Count greens vs reds in each row
- More greens = Bullish position
- More reds = Bearish position
- Mixed colors = Transitioning/choppy
---
## ✅ Verification & Accuracy
### Tested Against AmiBroker:
- ✅ RSI band values match within ±0.01%
- ✅ Stochastic channels match exactly
- ✅ Color logic matches exactly
- ✅ All formulas verified line-by-line
### Known Minor Differences:
Small variations (<1%) may occur due to:
1. **Platform calculation precision** - Different floating-point engines
2. **Historical data feeds** - Slight variations in past prices
3. **Weekly bar boundaries** - TradingView vs AmiBroker week definitions
4. **Initialization period** - First N bars need to "warm up"
**These minor differences don't affect trading signals!**
---
## ⚙️ Settings & Customization
### Input Parameters:
```pine
emaLen = 29 // EMA Length for angle calculation
rangePeriods = 30 // Angle normalization lookback
rangeConst = 25 // Angle normalization constant
dmiLen = 14 // DMI/ADX Length for PDMDR
```
### Available Positions:
Can be changed in the code:
- `position.top_left`
- `position.top_center`
- `position.top_right`
- `position.middle_left` (Table 2 default)
- `position.middle_center`
- `position.middle_right`
- `position.bottom_left` (Table 1 default)
- `position.bottom_center`
- `position.bottom_right`
### Text Sizes:
- `size.tiny`
- `size.small` (current default)
- `size.normal`
- `size.large`
- `size.huge`
---
## 🎯 Best Practices
### DO:
✅ Use multiple confirmations before entering trades
✅ Combine with price action and chart patterns
✅ Pay attention to color changes across timeframes
✅ Use @50 levels as key pivot points
✅ Watch for alignment between W_RSI and D_RSI
### DON'T:
❌ Trade based on color alone without confirmation
❌ Ignore the overall trend (Table 1)
❌ Enter trades against strong trend signals
❌ Overtrade when colors are mixed/choppy
❌ Ignore risk management rules
---
## 📊 Example Reading
### Bullish Setup:
```
TABLE 1:
AnEMA29: Green (15°) across all 3 bars
PDMDR: Green (1.65) and rising
TABLE 2:
W_RSI@50: Green (price above)
D_RSI@50: Green (price above)
Sto50@50: Green (price above midpoint)
Sto12@50: Green (price above midpoint)
Interpretation: Strong bullish trend confirmed across multiple timeframes
Action: Look for long entries on pullbacks to @50 or @30 levels
```
### Bearish Setup:
```
TABLE 1:
AnEMA29: Red (-12°) across all 3 bars
PDMDR: Red (0.45) and falling
TABLE 2:
W_RSI@50: Red (price below)
D_RSI@50: Red (price below)
Sto50@50: Red (price below midpoint)
Interpretation: Strong bearish trend confirmed
Action: Look for short entries on rallies to @50 or @70 levels
```
### Reversal Signal:
```
TABLE 1:
-2D: Red, -1D: Yellow, 0D: Green (momentum shifting)
TABLE 2:
Price just crossed above multiple @50 levels
Colors changing from red to green
Interpretation: Potential trend reversal in progress
Action: Wait for confirmation, consider early long entry with tight stop
```
---
## 🔍 Troubleshooting
### "Values don't match AmiBroker exactly"
- Check you're on the same timeframe
- Verify the symbol is identical
- Compare historical data (last 20 closes)
- Small differences (<1%) are normal
### "Tables are overlapping"
- Adjust positions in code
- Use different combinations (top/middle/bottom with left/center/right)
### "Colors seem wrong"
- Verify current close price
- Check if you're comparing same bar
- Ensure both platforms use same session times
### "Script takes too long"
- Use on Daily or higher timeframes
- The RSI band calculation is computationally intensive
- Don't run on tick-by-tick data
---
## 📝 Version History
**v3.0 (Final)** - Current version
- RSI band calculation verified correct
- Tables positioned bottom-left and middle-left
- All values match AmiBroker
- Production ready ✅
**v2.0**
- Fixed RSI band algorithm order (calculate before updating P/N)
- Improved variable scope handling
**v1.0**
- Initial implementation
- Had incorrect RSI band calculation
---
## 📄 Files in Package
Stochastic RSI (STOCH RSI)
Blue Dot Red DotInspired by Dr Wish
This script is a confluence indicator designed to identify potential trend reversals or "mean reversion" trade setups. It plots buy (blue) and sell (red) dots directly on your price chart.
The core strategy is to find moments where price is overextended (using Bollinger Bands) and momentum is simultaneously reversing (using the Stochastic Oscillator). A signal is only generated when both of these conditions are met.
Core Components
The script combines two classic technical indicators:
Bollinger Bands (BB):
These create a "channel" around the price based on a simple moving average (the basis) and a standard deviation (dev).
Upper Band: Basis + (2.0 * StdDev)
Lower Band: Basis - (2.0 * StdDev)
In this script, the bands are used to identify when the price has moved significantly far from its recent average, suggesting it's "overbought" (at the upper band) or "oversold" (at the lower band) and may be due for a pullback.
Stochastic Oscillator:
This is a momentum oscillator that compares a closing price to its price range over a certain period.
It consists of two lines: %K (the main, faster line) and %D (a moving average of %K, the slower signal line).
It's used to identify overbought and oversold momentum conditions and, more importantly, momentum shifts, which are signaled by the %K and %D lines crossing.
Signal Logic: How the Dots Are Generated
This script's "secret sauce" is that it demands three specific conditions to be true at the same time before plotting a dot.
🔵 Blue Dot (Buy Signal)
A blue dot will appear below a price bar if all three of these conditions are met:
Stochastic Crossover: The faster %K line crosses above the slower %D line (ta.crossover(k, d)). This signals that short-term momentum is starting to turn bullish.
Was Oversold: On the previous bar, the %K line was below the "Oversold Threshold" (was_oversold = k < oversold). This ensures the bullish crossover is happening from an oversold (or at least bearish) momentum state.
Note: The default oversold threshold is set to 50. This is a key detail. It means the script is looking for a bullish crossover that originates from anywhere in the bottom half of the Stochastic range, not just the traditional "extreme" oversold area (like 20).
Price Extension: Within the last 3 bars (the current bar or the two before it), the price's low must have touched or gone below the lower Bollinger Band (bb_touch_lower). This confirms that the price itself is in an "oversold" or overextended area.
In plain English: A blue dot appears when the price has recently dipped to an extreme low (touching the lower BB) and its underlying momentum has just started to turn back up (Stoch cross from the lower half).
🔴 Red Dot (Sell Signal)
A red dot will appear above a price bar if all three of these conditions are met:
Stochastic Crossunder: The faster %K line crosses below the slower %D line (ta.crossunder(k, d)). This signals that short-term momentum is starting to turn bearish.
Was Overbought: On the previous bar, the %K line was above the "Overbought Threshold" (was_overbought = k > overbought). The default for this is 80, which is a traditional overbought level.
Price Extension: Within the last 3 bars (the current bar or the two before it), the price's high must have touched or gone above the upper Bollinger Band (bb_touch_upper). This confirms that the price itself is in an "overbought" or overextended area.
A red dot appears when the price has recently spiked to an extreme high (touching the upper BB) and its underlying momentum has just started to roll over and turn back down (Stoch cross from the overbought zone).
TRI - RSI & StochRSI Multi-TimeframeThis indicator displays RSI and Stochastic RSI values across multiple timeframes
in a clear, color-coded table format.
FEATURES:
Monitors 7 timeframes: 1m, 5m, 15m, 1h, 4h, 1D, 1W
Color-coded cells: Green (oversold), Red (overbought), Orange/Blue (neutral)
Direction indicators for RSI trend
StochRSI K/D comparison indicators
Customizable oversold/overbought levels
Configurable table position and size
ALERTS:
RSI entering oversold/overbought zones
StochRSI entering oversold/overbought zones
StochRSI K/D crossovers (bullish and bearish)
TRI - RSI Overlay ViewerDESCRIPTION:
Advanced RSI and Stochastic RSI indicator with visual signals on price chart.
Combines RSI momentum analysis with Stochastic RSI oversold/overbought detection.
FEATURES:
RSI with customizable smoothing (EMA)
Stochastic RSI with K and D lines
Background coloring for oversold/overbought zones
Visual shape signals for key crossover events
Alert system for all signal types
SIGNALS:
Small Circle (Green): StochRSI crosses above oversold threshold
Small Circle (Red): StochRSI crosses below overbought threshold
Triangle Up (Green): RSI crosses above oversold threshold (stronger signal)
Triangle Down (Red): RSI crosses below overbought threshold (stronger signal)
STRATEGY USAGE:
Triangle signals = Primary entry/exit signals (RSI confirmation)
Circle signals = Early warning signals (StochRSI only)
Use higher timeframes for trend confirmation
Combine with price action and support/resistance levels
RSI Divergence Strategy v6 What this does
Detects regular and hidden divergences between price and RSI using confirmed RSI pivots. Adds RSI@pivot entry gates, a normalized strength + volume filter, optional volume gate, delayed entries, and transparent risk management with rigid SL and activatable trailing. Visuals are throttled for clarity and include a gap-free horizontal RSI gradient.
How it works (simple)
🧮 RSI is calculated on your selected source/period.
📌 RSI pivots are confirmed with left/right lookbacks (lbL/lbR). A pivot becomes final only after lbR bars; before that, it can move (expected).
🔎 The latest confirmed pivot is compared against the previous confirmed pivot within your bar window:
• Regular Bullish = price lower low + RSI higher low
• Hidden Bullish = price higher low + RSI lower low
• Regular Bearish = price higher high + RSI lower high
• Hidden Bearish = price lower high + RSI higher high
💪 Each divergence gets a strength score that multiplies price % change, RSI change, and a volume ratio (Volume SMA / Baseline Volume SMA).
• Set Min divergence strength to filter tiny/noisy signals.
• Turn on the volume gate to require volume ratio ≥ your threshold (e.g., 1.0).
🎯 RSI@pivot gating:
• Longs only if RSI at the bullish pivot ≤ 30 (default).
• Shorts only if RSI at the bearish pivot ≥ 70 (default).
⏱ Entry timing:
• Immediate: on divergence confirm (delay = 0).
• Delayed: after N bars if RSI is still valid.
• RSI-only mode: ignore divergences; use RSI thresholds only.
🛡 Risk:
• Rigid SL is placed from average entry.
• Trailing activates only after unrealized gain ≥ threshold; it re-anchors on new highs (long) or new lows (short).
What’s NEW here (vs. the reference) — and why you may care
• Improved pivots + bar window → fewer early/misaligned signals; cleaner drawings.
• RSI@pivot gates → entries aligned with true oversold/overbought at the exact decision bar.
• Normalized strength + volume gate → ignore weak or low-volume divergences.
• Delayed entries → require the signal to persist N bars if you want more confirmation.
• Rigid SL + activatable trailing → trailing engages only after a cushion, so it’s less noisy.
• Clutter control + gradient → readable chart with a smooth RSI band look.
Suggested starting values (clear ranges)
• RSI@pivot thresholds: LONG ≤ 30 (oversold), SHORT ≥ 70 (overbought).
• Min divergence strength:
0.0 = off
3–6 = moderate filter
7–12 = strict filter for noisy LTFs
• Volume gate (ratio):
1.0 = at least baseline volume
1.2–1.5 = strong-volume only (fewer but cleaner signals)
• Pivot lookbacks:
lbL 1–2, lbR 3–4 (raise lbR to confirm later and reduce noise)
• Bar window (between pivots):
Min 5–10, Max 30–60 (increase Min if you see micro-pivots; increase Max for wider structures)
• Risk:
Rigid SL 2–5% on liquid majors; 5–10% on higher-volatility symbols
Trailing activation 1–3%, trailing 0.5–1.5% are common intraday starts
Plain-text examples
• BTCUSDT 1h → RSI 9, lbL 1, lbR 3, Min strength 5.0, Volume gate 1.0, SL 4.5%, Trail on 2.0%, Trail 1.0%.
• SPY 15m → RSI 8, lbL 1, lbR 3, Min strength 7.0, Volume gate 1.2, SL 3.0%, Trail on 1.5%, Trail 0.8%.
• EURUSD 4h → RSI 14, lbL 2, lbR 4, Min strength 4.0, Volume gate 1.0, SL 2.5%, Trail on 1.0%, Trail 0.5%.
Notes & limitations
• Pivot confirmation means the newest candidate pivot can move until lbR confirms it (expected).
• Results vary by timeframe/symbol/settings; always forward-test.
• Educational tool — no performance or profit claims.
Credits
• RSI by J. Welles Wilder Jr. (1978).
• Reference divergence script by eemani123:
• This version by tagstrading 2025 adds: improved pivot engine, RSI@pivot gating, normalized strength + optional volume gate, delayed entries, rigid SL and activatable trailing, and a gap-free RSI gradient.
Triple Stochastic RSITriple Stochastic RSI (TSRSI)
The Triple Stochastic RSI is a momentum visualization tool designed to help identify potential market tops and bottoms with greater clarity. This indicator stacks three layers of smoothed StochRSI — Fast , Slow , and Slowest — each derived from increasingly longer RSI and Stochastic periods.
By analyzing how these layers interact, especially when the Slow (purple) and Slowest (orange) lines converge or cross near overbought or oversold zones, traders can spot high-probability reversal points. These moments often precede price turning points, and the signals gain strength when confirmed by divergences between price and indicator movement.
Key features include:
Triple StochRSI smoothing to capture short- to long-term momentum shifts.
Dynamic overbought/oversold signals with visual cross markers.
Built-in trend sentiment and average streak statistics.
Alerts for crossovers, trend shifts, and extended over/underperformance streaks.
Use it as a standalone momentum framework or as a supporting layer for divergence detection and market exhaustion analysis.
The stats table in your script provides insight into how long each Stochastic line (%K) typically stays above or below the 50 midline, and how the current streak compares to that average.
1. "Current" Column
This shows how many consecutive bars the %K has been:
Above 50 (▲)
OR Below 50 (▼)
It updates in real time on the last bar.
2. "Avg ▲ / Avg ▼" Column
These are historical averages based on your lookbackPeriod (default 1000 bars). It shows:
The average length of time %K stays above 50 (bullish bias)
The average time it stays below 50 (bearish bias)
Example Breakdown:
Let’s say the "Slow" row shows:
Current: 7 ▼
Avg ▲ / Avg ▼: 6 / 5
This means:
%K on the Slow lane has been below 50 for 7 bars
Historically, it only stays below 50 for about 5 bars on average
So, this bearish streak is already longer than usual
How to Use This Information:
A longer-than-average streak could imply a maturing move, potentially near exhaustion.
If current ▲ or ▼ streak is nearing or exceeding its average, it may warn of an upcoming shift.
Good for contextualizing trends and avoiding late entries.
Quantum Edge Signals — trend-aware buy/sell signalsQuantum Edge Signals (Fixed) is a practical, performance-minded indicator for swing and trend traders. It blends StochRSI and volatility to generate buy/sell signals, then filters and classifies those signals with an optional EMA trend filter and an RSI confirmation. The indicator also draws premium/discount price zones, reports buy/sell power inside those zones, plots pivot support/resistance, and places three ATR-based targets plus a stop — all while minimizing chart redraws so objects stay anchored and won’t shift when you pan or drag the chart.
Key features
• Signal engine: StochRSI oversold/overbought conditions combined with a volatility filter (price change vs. moving average of changes).
• Strong signal classification: optional EMA fast/slow trend filter to mark stronger buys/sells.
• Non-repainting confirmation: signals are confirmed using the previous bar (the entry price is the close of the confirmed bar).
• TP/SL management: three TP levels and one SL derived from ATR. Targets are created at the signal and are recalculated only when the trend flips (adaptive without constant movement).
• Premium / Discount zones: boxes drawn around a configurable MA band; zones are created once on entry and anchored to their start bar.
• Buy / Sell power: a zone-level buy/sell ratio (smoothed up/down volume) shown as a compact label at zone entry.
• Support & resistance: pivot S/R lines and small boxed zones for visual context.
• Whale screener: optional background highlight for large-volume bars.
• Performance-first: objects are created only when needed and anchored to fixed bar indices to prevent object churn and chart hanging.
How signals and targets behave
• A signal is considered “confirmed” on the previous bar to avoid repainting. The confirmed signal’s close is used as entryPrice.
• TP/SL lines are anchored to the signal bar. By default they are created at signal time and only recalc when the EMA-based trend flips direction — this keeps targets adaptive to meaningful trend changes while avoiding per-bar jitter.
• Zones and power labels are created once when price enters the premium or discount region and stay anchored to the zone start bar (so they don’t drift when you pan/drag the chart).
Main inputs (what you’ll usually tweak)
• Signal Length, Signal Factor — control StochRSI smoothing and the volatility multiplier.
• Use 2SD Filter — require price to be outside ±2 standard deviations of MA to trigger a signal.
• Show Signals (Classic / Strong / All) — which labels to display.
• Zone Length, Zone Offset — how wide and how many bars the premium/discount zones span.
• Buy/Sell Power thresholds — set numeric cutoffs for “Weak” / “Strong” labels.
• TP/SL Factors & ATR period — the multipliers used to calculate TP1/2/3 and SL from ATR.
• Fast/Slow EMA periods — used for the strong signal / trend filter.
• S/R Strength & Zone Width — pivot lookback and how wide S/R boxes are.
Recommended usage
• Timeframes: try 1H, 4H and Daily for swing/trend setups.
• Filters: enable the Strong (EMA) filter to limit trades to the direction of the trend.
• Zones: keep zone length moderate (10–30 bars) for readability.
• Testing: run forward paper trading and walk-forward tests before using real capital.
Why this version
This release focuses on reliability and chart performance. Objects (labels, lines and boxes) are anchored to the bar that created them, and the indicator avoids repeatedly creating and deleting the same objects on every historical bar — this prevents TradingView from hanging when dragging or panning.
Limitations & notes
• TP recalculation is based on ATR at the flip bar; the script keeps the original entry price fixed to avoid repainting entries.
• If you run many other drawing-heavy indicators at the same time, TradingView may still slow down — use a single instance while testing.
• The indicator is visual/confirmational — it is not a fully automated order-execution strategy.
Diwali Lights Pro — 7-Diyas Signal Matrix [KedArc Quant]🎯 Overview
“Diwali Lights Pro — 7-Diyas Signal Matrix” is a precision-built trend-sentiment indicator that blends the glow of seven technical “diyas” — each representing a different momentum or strength dimension — into one intuitive signal matrix. It was designed to celebrate light, discipline, and clarity in trading — helping traders filter noise, identify strong trend shifts, and take trades with conviction. Each diya is powered by a proven indicator component: RSI, Stochastic, EMA trend strength, and momentum slopes.Together, they light up your chart with buy/sell signals only when technical confluence aligns — like the diyas of Diwali shining in harmony.
💡 Core Concept
The indicator computes a composite score (–9 to +9) by evaluating seven key parameters:
| # | Diya | Logic | Interpretation |
| 1 | RSI | Overbought / Oversold | Short-term momentum exhaustion |
| 2 | Stochastic | Direction & zones | Confirmation of RSI |
| 3 | Price vs EMA20 | Position of price | Near-term trend bias |
| 4 | EMA20 Slope | Short-term momentum | Strength confirmation |
| 5 | EMA50 Slope | Mid-term trend | Trend stability |
| 6 | EMA100 Slope | Medium-term sentiment | Institutional bias |
| 7 | EMA200 Slope | Long-term sentiment | Market direction baseline |
The total of these 7 diyas creates a signal matrix that dynamically adapts to trend conditions.
⚙️ Inputs & Configuration
| RSI Length | 14 | Standard RSI window |
| Stochastic Length | 14 | Measures momentum oscillation |
| EMA Periods | 20, 50, 100, 200 | Multi-layer trend structure |
| Overbought / Oversold Zones | 70 / 30 | Configurable thresholds |
| Show Buy/Sell Labels | ✅ | Toggle signal markers |
| Show Banner | ✅ | Festive Diwali header with fireworks |
| Twinkle Interval | 10 bars | Animation timing |
| Fireworks Count | 18 | Visual celebration intensity |
| Background Opacity | 100% | Style preference |
🧭 Entry & Exit Logic
# ✅ Buy Signal (🪔)
A Buy triggers when:
* The total diya score crosses above zero,
* And at least four of seven components turn bullish.
This indicates that short-term oscillators, price action, and moving averages are all turning in unison — a strong entry zone after a pullback.
# 🔥 Sell Signal (🔥)
A Sell triggers when:
* The total diya score crosses below zero,
* And multiple slopes or price conditions flip bearish.
This flags weakening momentum and possible trend exhaustion.
# 💬 Suggested Usage
* Works beautifully on 5-min to 1-hour charts.
* Best when used with trend confirmation tools (volume, price structure).
* Avoid entering trades when signals flip rapidly within narrow ranges (sideways zones).
🧪 Mathematical Formulae
1. RSI Bucket (p₁):
p₁ =
2 if RSI < Very Oversold
1 if RSI < Oversold
0 if neutral
-1 if RSI > Overbought
-2 if RSI > Very Overbought
2. Stochastic Bucket (p₂): Similar to RSI bucketing.
3. Price vs EMA20 (p₃):
p₃ = sign(close - EMA20)
4–7. Slope Sign (EMA20, 50, 100, 200):
p₄₋₇ = sign(EMA - EMA )
Total Score = Σ(p₁…p₇)
→ Crossover(total_score, 0) → Buy Signal
→ Crossunder(total_score, 0) → Sell Signal
📊 Why It’s Not Just a Mash-Up
Diwali Lights Pro uses:
* A unified scoring engine with weighted logic rather than conflicting triggers.
* Each component (diya) contributes equally, creating a normalized sentiment index.
* Smart signal filtering prevents repetitive false flips by enforcing trend alignment across multiple time frames.
* A dynamic, responsive structure optimized for clarity and minimal repainting.
🎆 Unique Add-Ons
* Top-Right Diwali Banner: Festive “Happy Diwali” with animated fireworks 🎇 and diyas 🪔.
* Signal Filtering: Reduces noise in volatile ranges.
* EMA Cloud Context: Visual clarity of multi-layer trend zones.
* Optional Light Mode: Change fireworks opacity for a subtle or bright effect.
📘 FAQ
Q1: Does this repaint?
No — it uses confirmed values (RSI, Stochastic, EMA slopes). Signals appear only after the bar closes.
Q2: Which timeframes work best?
Between 5m and 1h, depending on your strategy.
Use higher EMAs for swing setups.
Q3: Can I use it with alerts?
Yes, both Buy and Sell triggers come with built-in `alertcondition()` for instant notifications.
Q4: Can it be combined with other indicators?
Absolutely — it pairs well with volume profiles, volatility bands, or order-flow systems.
🪔 Glossary
| Diya | Candle or light — here, each diya = one technical indicator |
| EMA | Exponential Moving Average — measures smoothed trend bias |
| RSI | Relative Strength Index — momentum overbought/oversold oscillator |
| Stochastic | Momentum oscillator measuring closing levels relative to highs/lows |
| Slope Sign | Direction of EMA movement — rising or falling |
| Signal Matrix | The combined system of all seven diyas generating a unified score |
🧭 Final Note
> *Diwali Lights Pro* is not just a trading tool — it’s a visual celebration of confluence and discipline.
> When the diyas align, trends shine. Use it to trade in harmony with light, not against it. 🌟
⚠️ Disclaimer
This script is provided for educational purposes only.
Past performance does not guarantee future results.
Trading involves risk, and users should exercise caution and use proper risk management when applying this strategy.
🐬Stochastic_RSIStochastic RSI
The indicator highlights the chart background for two specific signals:
- A bearish deadcross occurring above the upper band.
- A bullish goldencross occurring below the lower band.
-----
스토캐스틱 RSI
두가지 신호를 배경색으로 나타냅니다.
- 어퍼 밴드 위에서의 데드크로스
- 로우어 밴드 아래에서의 골든크로스
-----
Alt buy signal 1H Entry + 4H Confirm (MACD + Stoch RSI + HMA)This indicator is a multi-timeframe (MTF) analysis tool designed for the ALT trading , capturing entry signals on the 1-hour (1H) timeframe and confirming trends on the 4-hour (4H) timeframe. It combines MACD, Stoch RSI, and Hull Moving Average (HMA) to identify precise buy opportunities, particularly at reversal points after a downtrend or during trend shifts. It visually marks both past and current BUY signals for easy reference.
Key Features:
1H Entry Signal (Early Ping): Triggers on a MACD golden cross (below 0) combined with a Stoch RSI oversold cross (below 20), offering an initial buy opportunity.
4H Trend Confirmation (Entry Ready): Validates the trend with a 4H MACD histogram rising (in negative territory) or a golden cross, plus a Stoch RSI turn-up (above 30).
Past BUY Display: Labels past data points where these conditions were met as "1H BUY" or "FULL BUY," facilitating backtesting.
HMA Filter: Optional HMA(16) to confirm price breakouts, enhancing trend validation.
Purpose: Ideal for short-term scalping and swing trading. Supports a two-step strategy: initial partial entry on 1H signals, followed by additional entry on 4H confirmation.
Usage Instructions
Installation: Add the indicator to an IMX/USDT 1H chart on TradingView.
Signal Interpretation:
lime "1H BUY": 1H conditions met, consider initial entry (stop-loss: 3-5% below recent low).
green "FULL BUY": 1H+4H conditions met, confirm trend for additional entry (take-profit: 10% below recent swing high).
Customization: Adjust TF (1H/4H), MACD/Stoch RSI parameters, and HMA usage via the input settings.
Alert Setup: Enable alerts for "ENTRY READY" (1H+4H) or "EARLY PING" (1H only) conditions.
Advantages
Accuracy: Reduces false signals by combining MACD golden cross below 0 with Stoch RSI oversold conditions.
Dual Confirmation: 1H for quick timing and 4H for trend validation, improving risk management.
Visualization: Past BUY points enable easy backtesting and pattern recognition.
Flexibility: 4H confirmation mode adjustable (histogram rise or golden cross).
Limitations
Timeframe Dependency: Optimized for 1H charts; may not work on other timeframes.
Market Conditions: Potential whipsaws in sideways markets; additional filters (e.g., RSI > 50) recommended.
Manual Management: Stop-loss and take-profit require user discretion.
BTC Momentum Strategy - RSI & Stoch RSI Entry and EMA ExitBTC Momentum Strategy: RSI & Stoch RSI Entry with EMA Exit
This strategy is designed to identify potentially strong entry points for Bitcoin (BTC) during periods of shifting momentum and then ride the trend until it shows signs of weakness. It's a straightforward, long-only strategy, meaning it only looks for opportunities to buy and then sell for a profit.
How It Works:
The strategy combines a few classic indicators to make its decisions. Think of it as a two-step confirmation system for buying, with a simple rule for selling.
1. The Buy Signal (Green Triangle)
To generate a buy signal, the strategy looks for two things to happen at the same time:
RSI Confirmation: It first waits for the Relative Strength Index (RSI) to show signs of bullish momentum. Specifically, it's looking for the RSI line to cross above its own moving average, suggesting that strength is starting to build from a lower level. This helps catch moves as they begin to turn positive.
Stochastic RSI Confirmation: As an extra layer of confirmation, it also checks the Stochastic RSI. This helps filter out weaker signals and confirm that momentum is truly shifting upwards from an oversold or "bottomed-out" condition.
When both of these conditions are met, a green "buy" triangle will appear below the candle, and the strategy will enter a long position.
2. The Sell Signal (Red Triangle)
The exit rule is simple and designed to let your winners run while protecting you when the trend reverses.
* EMA-Based Exit: The strategy plots an orange line on your chart, which is an Exponential Moving Average (EMA). The strategy will hold the position as long as the price stays above this line. If a candle closes *below* the orange EMA line, it's taken as a sign that the short-term trend is weakening, and the strategy will close the position to lock in profits or cut losses. A red "sell" triangle will appear above that candle.
Best Use:
This strategy was built with Bitcoin in mind and tends to perform best on higher timeframes like the Weekly charts. It aims to capture major swings rather than small, quick scalps.
You can adjust all the settings for the RSI, Stochastic RSI, and the Exit EMA to fine-tune the strategy to your own trading style.
AI Trading Alerts v6 — SL/TP + Confidence + Panel (Fixed)Overview
This Pine Script is designed to identify high-probability trading opportunities in Forex, commodities, and crypto markets. It combines EMA trend filters, RSI, and Stochastic RSI, with automatic stop-loss (SL) & take-profit (TP) suggestions, and provides a confidence panel to quickly assess the trade setup strength.
It also includes TradingView alert conditions so you can set up notifications for Long/Short setups and EMA crosses.
⚙️ Features
EMA Trend Filter
Uses EMA 50, 100, 200 for trend confirmation.
Bull trend = EMA50 > EMA100 > EMA200
Bear trend = EMA50 < EMA100 < EMA200
RSI Filter
Bullish trades require RSI > 50
Bearish trades require RSI < 50
Stochastic RSI Filter
Prevents entries during overbought/oversold extremes.
Bullish entry only if %K and %D < 80
Bearish entry only if %K and %D > 20
EMA Proximity Check
Price must be near EMA50 (within ATR × adjustable multiplier).
Signals
Continuation Signals:
Long if all bullish conditions align.
Short if all bearish conditions align.
Cross Events:
Long Cross when price crosses above EMA50 in bull trend.
Short Cross when price crosses below EMA50 in bear trend.
Automatic SL/TP Suggestions
SL size adjusts depending on asset:
Gold/Silver (XAU/XAG): 5 pts
Bitcoin/Ethereum: 100 pts
FX pairs (default): 20 pts
TP = SL × Risk:Reward ratio (default 1:2).
Confidence Score (0–4)
Based on conditions met (trend, RSI, Stoch, EMA proximity).
Labels:
Strongest (4/4)
Strong (3/4)
Medium (2/4)
Low (1/4)
Visual Panel on Chart
Shows ✅/❌ for each condition (trend, RSI, Stoch, EMA proximity, signal now).
Confidence row with color-coded strength.
Alerts
Long Setup
Short Setup
Long Cross
Short Cross
🖥️ How to Use
1. Add the Script
Open TradingView → Pine Editor.
Paste the full script.
Click Add to chart.
Save as "AI Trading Alerts v6 — SL/TP + Confidence + Panel".
2. Configure Inputs
EMA Lengths: Default 50/100/200 (works well for swing trading).
RSI Length: 14 (standard).
Stochastic Length/K/D: Default 14/3/3.
Risk:Reward Ratio: Default 2.0 (can change to 1.5, 3.0, etc.).
EMA Proximity Threshold: Default 0.20 × ATR (adjust to be stricter/looser).
3. Read the Panel
Top-right of chart, you’ll see ✅ or ❌ for:
Trend → Are EMAs aligned?
RSI → Above 50 (bull) or below 50 (bear)?
Stoch OK → Not extreme?
Near EMA50 → Close enough to EMA50?
Above/Below OK → Price position vs. EMA50 matches trend?
Signal Now → Entry triggered?
Confidence row:
🟢 Green = Strongest
🟩 Light green = Strong
🟧 Orange = Medium
🟨 Yellow = Low
⬜ Gray = None
4. Alerts Setup
Go to TradingView Alerts (⏰ icon).
Choose the script under “Condition”.
Select alert type:
Long Setup
Short Setup
Long Cross
Short Cross
Set notification method (popup, sound, email, mobile).
Click Create.
Now TradingView will notify you automatically when signals appear.
5. Example Workflow
Wait for Confidence = Strong/Strongest.
Check if market session supports volatility (e.g., XAU in London/NY).
Review SL/TP suggestions:
Long → Entry: current price, SL: close - risk_pts, TP: close + risk_pts × RR.
Short → Entry: current price, SL: close + risk_pts, TP: close - risk_pts × RR.
Adjust based on your own price action analysis.
📊 Best Practices
Use on H1 + D1 combo → align higher timeframe bias with intraday entries.
Risk only 1–2% of account per trade (position sizing required).
Filter with market sessions (Asia, Europe, US).
Strongest signals work best with trending pairs (e.g., XAUUSD, USDJPY, BTCUSD).
Multi-Timeframe Stochastic RSI Momentum MatrixThis indicator gives you a "bigger picture" view of a stock's momentum by showing you the Daily, Weekly, and Monthly Stoch RSI all in one place. It helps answer two key questions: "Where is the price going?" and "When might things change?". The results of this indicator are presented in a table for easy viewing.
What the Columns Mean:
Stoch RSI : The main momentum score. Red means "overbought" (momentum is high and might be getting tired), and green means "oversold" (momentum is low and might be ready to bounce).
Price for OB/OS : This shows you the approximate price the stock needs to hit to become overbought or oversold.
- (Hist) means the target is a real price that happened recently.
- (Pred) means the price has exceeded the historical momentum boundary at which was oversold or overbough so the indicator has to predict a new target instead of leveraging a historical target.
Key Anchor Reset In : Think of this as a simple countdown. It tells you how many bars (days, weeks, etc.) are left until a key old price is dropped from the indicator's memory. When this countdown hits zero, it can cause a sharp change in the momentum reading, giving you a "heads-up" for a potential shift.
If you're interested in more technical details, read below:
I have leveraged a quantitative framework for analyzing the temporal dynamics of the Stochastic RSI across multiple timeframes (Daily, Weekly, Monthly). It functions as a correlational matrix, designed to move beyond simple overbought/oversold signals by providing contextual and data-driven targets in both price and time.
The matrix computes two primary sets of forward-looking data points:
Price Targets : A hybrid model is employed to determine the price required to push the StochRSI oscillator into an extreme state.
- Historical Anchor (Hist) : This is the primary/default method. It identifies the
deterministic close price within the lookback period that corresponds to the highest (or
lowest) RSI value. This represents a concrete and historically-defined momentum boundary.
- Predictive Heuristic (Pred) : In instances where the current price has invalidated this
historical anchor (i.e., the market is in a state of momentum expansion), the model
switches to a predictive heuristic. It calculates the recent price-to-RSI volatility ratio and
extrapolates the approximate price movement required to achieve an overbought or
oversold state.
Temporal Targets ("Key Anchor Reset In") : This metric provides a temporal forecast. It identifies the highest and lowest RSI values currently anchoring the Stochastic calculation and determines the number of bars remaining until these key data points are excluded from the lookback window. The roll-off of these anchors can precede a significant, non-linear reset in the oscillator's value, thus serving as a leading indicator for a potential momentum state-shift.
Disclaimer : This tool is a derivative of historical price action and should be used for quantitative analysis of momentum states, not as an oracle. The "predictive" components are heuristic extrapolations based on recent volatility and momentum characteristics and they are probabilistic in nature and do not account for exogenous market variables or fundamental shifts. All outputs are contingent on the continuation of the ticker's current momentum profile.
Mean Reversion Probability Zones [BigBeluga]🔵 OVERVIEW
The Mean Reversion Probability Zones indicator measures the likelihood of price reverting back toward its mean . By analyzing oscillator dynamics (RSI, MFI, or Stochastic), it calculates probability zones both above and below the oscillator. These zones are visualized as histograms, colored regions on the main chart, and a compact dashboard, helping traders spot when the market is statistically stretched and more likely to revert.
🔵 CONCEPTS
Mean Reversion : The tendency of price to return to its average after significant extensions.
Oscillator-Based Analysis : Uses RSI, MFI, or Stochastic as the base signal for detecting overextension.
Probability Model : The probability of reversion is computed using three factors:
Whether the oscillator is rising or declining.
Whether the oscillator is above or below user-defined thresholds.
The oscillator’s actual value (distance from equilibrium).
Dual-Zone Output :
Upper histogram = probability of downward mean reversion.
Lower histogram = probability of upward mean reversion.
Historical Extremes : The dashboard highlights the recent maximum probability values for both upward and downward scenarios.
🔵 FEATURES
Oscillator Choice : Switch between RSI, MFI, and Stochastic.
Customizable Zones : User-defined upper/lower thresholds with independent colors.
Probability Histograms :
Above oscillator → down reversion probability.
Below oscillator → up reversion probability.
Colored Gradient Zones on Chart : Visual overlays showing where mean reversion probabilities are strongest.
Probability Labels : Percentages displayed next to histogram values for clarity.
Dashboard : Compact table in the corner showing the recent maximum probabilities for both upward and downward mean reversion.
Overlay Compatibility : Works in both chart pane and sub-pane with oscillators.
🔵 HOW TO USE
Set Oscillator : Choose RSI, MFI, or Stochastic depending on your strategy style.
Adjust Zones : Define upper/lower bounds for when oscillator values indicate strong overbought/oversold conditions.
Interpret Histograms :
Orange (upper) histogram → higher chance of a pullback/downward mean reversion.
Green (lower) histogram → higher chance of upward reversion/bounce.
Watch Gradient Zones : On the main chart, shaded areas highlight where probability of mean reversion is elevated.
Consult Dashboard : Use the “Recent MAX” values to understand how strong recent reversion probabilities have been in either direction.
Confluence Strategy : Combine with support/resistance, order flow, or trend filters to avoid counter-trend trades.
🔵 CONCLUSION
The Mean Reversion Probability Zones provides traders with an advanced way to quantify and visualize mean reversion opportunities. By blending oscillator momentum, threshold logic, and probability calculations, it highlights when markets are statistically stretched and primed for reversal. Whether you are a contrarian trader or simply looking for exhaustion signals to fade, this tool helps bring structure and clarity to mean reversion setups.
FlowSpike ES — BB • RSI • VWAP + AVWAP + News MuteThis indicator is purpose-built for E-mini S&P 500 (ES) futures traders, combining volatility bands, momentum filters, and session-anchored levels into a streamlined tool for intraday execution.
Key Features:
• ES-Tuned Presets
Automatically optimized settings for scalping (1–2m), daytrading (5m), and swing trading (15–60m) timeframes.
• Bollinger Band & RSI Signals
Entry signals trigger only at statistically significant extremes, with RSI filters to reduce false moves.
• VWAP & Anchored VWAPs
Session VWAP plus anchored VWAPs (RTH open, weekly, monthly, and custom) provide high-confidence reference levels used by professional order-flow traders.
• Volatility Filter (ATR in ticks)
Ensures signals are only shown when the ES is moving enough to offer tradable edges.
• News-Time Mute
Suppresses signals around scheduled economic releases (customizable windows in ET), helping traders avoid whipsaw conditions.
• Clean Alerts
Long/short alerts are generated only when all conditions align, with optional bar-close confirmation.
Why It’s Tailored for ES Futures:
• Designed around ES tick size (0.25) and volatility structure.
• Session settings respect RTH hours (09:30–16:00 ET), the period where most liquidity and institutional flows concentrate.
• ATR thresholds and RSI bands are pre-tuned for ES market behavior, reducing the need for manual optimization.
⸻
This is not a generic indicator—it’s a futures-focused tool created to align with the way ES trades day after day. Whether you scalp the open, manage intraday swings, or align to weekly/monthly anchored flows, FlowSpike ES gives you a clear, rules-based signal framework.
Slingshot System By Dusty InvestmentsSlingshot System by Dusty Investments
What it is
A trend-following pullback system designed to time entries inside an established trend using a two-EMA “cloud” plus a Stochastic-RSI K oscillator.
It's the improved version of this script:
It plots:
An EMA cloud (trend and pullback filter)
Long/Short setup markers
“TAKE PROFIT” markers based on the oscillator
Core building blocks
Trend filter (EMA Cloud)
Fast EMA vs Slow EMA
Uptrend: Fast EMA > Slow EMA
Downtrend: Fast EMA < Slow EMA
The area between the two EMAs is filled (the “cloud”).
Cloud touch
The system requires price to touch/pierce the cloud with a small tolerance (configurable) to qualify a pullback.
Oscillator
K is a smoothed Stochastic of RSI (StochRSI K).
Oversold/Overbought levels default to 20/80, with a small tolerance kTol to avoid edge flicker.
Long logic (pullbacks within uptrend)
Purpose: Catch a second, “higher” dip during an uptrend.
Steps:
Candidate V1: While in uptrend, if K ≤ Oversold and price touches the EMA cloud, a V1 candidate is stored (the first dip).
Deal lock: When K later reaches ≥ Overbought in uptrend, the last V1 candidate is “locked in” as V1 for this cycle.
V2 search: After the lock, if another pullback appears (still in uptrend, K ≤ Oversold, price touching the cloud) and the low stays strictly above V1’s low, the script starts searching for the best V2 low (the lowest low of this second dip that remains above V1’s low).
Long signal: When K exits the oversold area, if a valid V2 was found above V1’s low, the indicator places a LONG label at that V2 low.
Take profit for Long: The “TAKE PROFIT” marker is shown when K crosses up through the Overbought level (≥ 80 by default).
Short logic (pullbacks within downtrend)
Purpose: Catch lower‑high pullbacks during a downtrend. The workflow is explicit and labeled:
D1 (first anchor): In downtrend, when price touches the cloud and K ≥ Overbought, mark D1 (the first high).
Valley: The first time K reaches ≤ Oversold after D1.
D2 (setup high): After the valley, the first bar that again touches the cloud with K ≥ Overbought and makes a strict Lower High vs D1 becomes D2. This opens a “window.”
Signal (live): From D2 until confirmation, the Signal marker follows the most recent swing high that forms on downtrend bars. It never tracks uptrend bars.
Confirmation: The first time K reaches ≤ Oversold after D2, the Signal is fixed at the last tracked high. From here the system waits for TP.
Take profit for Short: The “TAKE PROFIT” marker is shown when K crosses back above the Overbought level (≥ 80 by default).
Chaining (New D1): At TP, the prior D2 is promoted to “New D1,” allowing the next cycle to form if conditions repeat (D1 → Valley → D2).
What the labels mean
LONG: A validated long setup at the V2 low (second dip above the first dip’s low) within an uptrend.
SHORT: The live Short entry marker that moves to the latest downtrend swing high between D2 and confirmation; it gets fixed when K hits ≤ Oversold.
TAKE PROFIT: Suggestive exit markers tied to the K oscillator (Long TP when K crosses up 80; Short TP when K crosses up 80 after a Short confirmation).
Strict constraints baked in
No signals against the trend
Fast EMA / Slow EMA periods (trend and cloud)
RSI period for the StochRSI, Stochastic period, and K smoothing
Oversold/Overbought levels (defaults 20/80)
Cloud touch tolerance (percent)
kTol: tolerance around 20/80 thresholds for K
How to use it
Pick your market and use the 4H timeframe since you get the best results this way.
Trade with the trend:
Uptrend: Watch for LONG markers (V1 then V2 higher‑low behavior).
Downtrend: Watch the D1 → Valley → D2 sequence. The Signal marker appears after D2 and is fixed at confirmation; TP comes on K > 80.
Calibrate touchTolPct and kTol per symbol/timeframe to match how tightly you want to require cloud touches and K thresholds.
Risk management is up to you. The indicator outputs entries and TP suggestions; it does not set stops.
Notes
Signals confirm at bar close. During a Short window, the live Signal may move to newer downtrend highs; once confirmed, it becomes fixed.
The LONG side is symmetrical in spirit (pullback‑then‑higher‑low in uptrend), but naming uses V1/V2 instead of D1/D2.
Sling Shot System By LorinThis script uses the Sling Shot System to draw a cloud of Fast EMA of 38 and Slow EMA of 62, a cloud where most of the pullbacks go to. Together with the Stochastic RSI it draws long and short signals:
1. Longs:
when the RSI is bellow 20.
when the candle has touched the cloud on close.
when the price is forming a higher low, meaning its higher then the last time these conditions were met.
when the price is the uptrend, meaning the cloud is green.
2. Shorts:
when the RSI is above 80.
when the candle has touched the cloud on close.
when the price is forming a lower low, meaning its lower then the last time these conditions were met.
when the price is in the downtrend, meaning the cloud is red.
MTF Stochastic Range FinderThis indicator compares Stochastic RSI from 2 timeframes to signal possible reversals. Default 5 minute and 2 minute. Both Stochastic RSIs are customizable.
Allows for 6 support/resistance lines and allows a tolerance to filter proximity to levels for entry.
Can filter price level by manual support/resistance levels and/or VWAP
Triple-Timeframe Stochastic Alerts (Smart Filtered)multi time stochastic w/ volume.
Smart filters, volume cool off,
3 adjustable time stochastic.
volume filter
REMS Snap Shot OverlayThe REMS Snap Shot indicator is a multi-factor, confluence-based system that combines momentum (RSI, Stochastic RSI), trend (EMA, MACD), and optional filters (volume, MACD histogram, session time) to identify high-probability trade setups. Signals are only triggered when all enabled conditions align, giving the trader a filtered, visually clear entry signal.
This indicator uses an optional 'look-back' feature where in it will signal an entry based on the recency of specified cross events.
To use the indicator, select which technical indicators you wish to filter, the session you wish to apply (default is 9:30am - 4pm EST, based on your chart time settings), and if which cross events you wish to trigger a reset on the cooldown.
The default settings filter the 4 major technical indicators (RSI, EMAs, MACD, Stochastic RSI) but optional filters exist to further fine tune Stochastic Range, MACD momentum and strength, and volume, with optional visual cues for MACD position, Stochastic RSI position, and volume.
EMAs can be drawn on the chart from this indicator with optional shaded background.
This indicator is an alternative to REMS First Strike, which uses a recency filter instead of a cool down.
REMS First Strike OverlayThe REMS First Strike indicator is a multi-factor, confluence-based system that combines momentum (RSI, Stochastic RSI), trend (EMA, MACD), and optional filters (volume, MACD histogram, session time) to identify high-probability trade setups. Signals are only triggered when all enabled conditions align, giving the trader a filtered, visually clear entry signal.
This indicator uses an optional 'cool down' feature where in it will signal an entry only after any of the specified cross events occur.
To use the indicator, select which technical indicators you wish to filter, the session you wish to apply (default is 9:30am - 4pm EST, based on your chart time settings), and if which cross events you wish to trigger a reset on the cooldown.
The default settings filter the 4 major technical indicators (RSI, EMAs, MACD, Stochastic RSI) but optional filters exist to further fine tune Stochastic Range, MACD momentum and strength, and volume, with optional visual cues for MACD position, Stochastic RSI position, and volume.
EMAs can be drawn on the chart from this indicator with optional shaded background.
This indicator is an alternative to REMS Snap Shot, which uses a recency filter instead of a cool down.
Penguin Trend with RSI on DiffVisualizes volatility regime via the percent spread between the upper Bollinger Band and the upper Keltner Channel, with bar colors from a lightweight trend engine and an RSI computed on the Diff signal. Supports SMA/EMA/WMA/RMA/HMA/VWMA/VWAP and an optional calculation timeframe. Defaults preserve the original look and behavior.
Penguin Trend with RSI on Diff shows expansion vs. compression in price action by comparing two classic volatility envelopes. It computes:
Diff% = (UpperBB − UpperKC) / UpperKC × 100
• Diff > 0: Bollinger Bands are wider than Keltner Channels → expansion / momentum regime
• Diff < 0: BB narrower than KC → compression / squeeze regime
A white “Average Diff” line smooths Diff% (default: SMA(5)) to highlight regime shifts. Bars are colored only when Diff > 0 to focus on expansion phases. A lightweight trend engine defines four states from a fast/slow MA bias and a short “thrust” MA on ohlc4:
• Green: Bullish bias and thrust > fast MA (healthy upside thrust)
• Red: Bearish bias and thrust < fast MA (healthy downside thrust)
• Yellow: Bullish bias but thrust ≤ fast MA (pullback/weakness)
• Blue: Bearish bias but thrust ≥ fast MA (bear rally/short squeeze)
RSI on Diff:
The indicator adds an RSI applied to Diff% to gauge momentum of the expansion/compression signal itself. Choose between Built-in RSI or a manual RMA-based computation, and optionally smooth it. Default OB/OS lines are 70/30.
How it works:
• Bollinger Bands (BB): Basis = selected MA of src (default SMA(20)); Width = StdDev × Mult (default 2.0)
• Keltner Channels (KC): Basis = selected MA of src (default SMA(20)); Width = ATR(kcATR) × Mult (defaults 20 and 2.0)
• Diff%: Safe division guards against division-by-zero
• MA engine: Select SMA / EMA / WMA / RMA / HMA / VWMA / VWAP for BB/KC bases, Average Diff, and trend components (VWAP is session-anchored)
• Calculation timeframe: Compute internals on a chosen TF via request.security() while viewing any chart TF
Inputs (key):
• Calculation timeframe: Empty = chart TF; set e.g., 60/240 to compute on that TF
• BB: Length, StdDev Mult, MA Type
• KC: Basis Length, ATR Length, Multiplier, MA Type
• Average Diff: Length and MA Type
• RSI on Diff: RSI Length, Method (Built-in or Manual RMA), Smoothing Length, OB/OS levels, show/hide
• Trend Engine: Fast/Slow lengths & MA type, Signal (kept for completeness), Thrust MA length & type
• Display/Visibility: Paint bars only when Diff > 0; show zero line; “true Blue” color toggle; show/hide Diff columns and Average Diff
How to use:
1. Regime changes: Watch Diff% or Average Diff crossing 0. Above zero favors momentum/continuation setups; below zero suggests compression and potential breakout conditions.
2. State confirmation: During expansion (Diff > 0), prioritize Green/Red for aligned thrust; treat Yellow/Blue as cautionary/contrarian.
3. RSI on Diff: Use OB/OS and crossovers for timing entries/exits or for confirming/negating expansion strength.
Alerts:
• Diff crosses above/below 0
• Average Diff crosses above/below 0
• RSI(Diff) crosses above OB / below OS
• State changes: GREEN / RED / YELLOW / BLUE
Notes & limitations:
• VWAP is session-anchored and best on intraday data. If not applicable on the selected calculation TF, the script automatically falls back to EMA.
• Defaults (SMA(20) for BB/KC, multipliers 2.0, SMA(5) Average Diff, original trend coloring and bar painting) preserve the original appearance.
• RSI on Diff is plotted in the same pane for a compact workflow; you can hide it or split into a separate indicator if desired.
Release notes:
v6.0 — Upgraded to Pine v6. Added multi-MA options (SMA/EMA/WMA/RMA/HMA/VWMA/VWAP), calculation timeframe, RSI on Diff (Built-in or Manual RMA) with smoothing, safe division guard, optional zero line, and optional true Blue color. Defaults retain the original behavior.
License / disclaimer:
© waranyu.trkm — MIT License. Educational use only; not financial advice.
