[SJAlgo] StephTradez Shadow SupplyCredits go to StephTradez for these Zones, turned it to a Indicator.
Uses MA for Bias.
Enjoyy~~
- Vizzi
Trend Analysis
Smart AI Reversal Hunter🧠 Smart AI Reversal Hunter: Precision Trading with Adaptive Intelligence
In the fast-moving world of technical trading, reacting swiftly isn’t enough—you must adapt intelligently. Enter the Smart AI Reversal Hunter, a next-generation trading strategy engineered to identify key market reversals with surgical accuracy, powered by adaptive volatility logic, multi-timeframe awareness, and a deep understanding of market structure.
Whether you're a scalper, swing trader, or systems developer, this strategy offers a powerful edge—filtering out market noise and zeroing in on high-conviction turning points without emotional bias.
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🚀 Why Smart AI Reversal Hunter Stands Out
📈 Built for Turning Points
This strategy excels at catching early reversals, allowing you to enter positions before the crowd, with smart confirmation from momentum, fractals, and volume surges.
🧠 Adaptive Intelligence at the Core
At the heart of the system lies a dynamic trend engine that automatically recalibrates itself based on prevailing volatility. It slows down in quiet markets and speeds up in wild ones—mimicking how a human would adjust instinctively, but with mathematical consistency.
🧩 Multi-Layered Filtering
The strategy doesn’t rely on a single signal. Instead, it layers multiple confirmation systems to validate each trade:
Directional momentum
Breakout fractal structure
Volatility regime analysis
Volume confirmation
Macro-trend alignment from a higher timeframe
📊 Built-In Visual Dashboard
A sleek diagnostics panel sits quietly in the corner, showing you all the internal metrics—volatility state, momentum shifts, higher timeframe bias, and volume strength—so you’re never guessing.
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🔍 Technical Description
📌 Core Engine: Adaptive Reversal Detector
Based on a custom smoothed trend indicator with triple-weighted filtering logic (a proprietary formula deliberately concealed here for uniqueness).
The length of this engine adapts to market volatility using a real-time ATR-to-SMA ratio, then clamps the value between minimum and maximum bounds to prevent overfitting.
This ensures the trend detector is neither too sluggish in explosive markets nor too reactive during sideways zones.
⚙️ Entry Logic
Bullish Entry: Triggered when the adaptive trend line crosses above its own historical value, alongside:
Positive momentum (Rate of Change > 0)
Price above recent fractal high
Price above lower Keltner Channel boundary
Not in a low-volatility regime
Higher timeframe confirming a bullish bias
Current volume exceeding average volume × multiplier
Bearish Entry: Symmetric to the above, in reverse.
🧰 Customization Tools
Toggle each filter (momentum, fractals, volume, etc.) individually
Choose between “Only Long”, “Only Short”, or “Long & Short” trading styles
Adjustable timeframes for higher-timeframe confirmation
Reversible volume strength criteria
📈 Exit Logic
Longs are closed on bearish signals (and vice versa), with optional logic for one-sided trading.
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📌 Final Thoughts
In an era of overcomplicated indicators and noise-heavy signals, the Smart AI Reversal Hunter brings clarity and logic to the chart. It doesn’t chase candles. It listens, adapts, and then strikes with conviction.
Whether you're automating your trades or visually analyzing reversals, this strategy equips you with everything needed to stay ahead of the curve—and let your strategy think before it trades.
⚠️ Safety & Disclaimer Notice
The Smart AI Reversal Hunter strategy is designed for educational and research purposes only. While every effort has been made to optimize its logic for identifying potential market reversals, past performance is not indicative of future results.
Please keep the following safety points in mind before using this or any trading strategy:
📌 Not Financial Advice
This script does not constitute financial, investment, or trading advice. Always perform your own due diligence.
📌 No Guaranteed Profits
Markets are inherently uncertain. This strategy uses probabilistic logic—not prediction. Losses are possible, and trading carries risk.
📌 Consult a Professional Advisor
Before taking any live positions, especially with real capital, consult with a certified financial or technical advisor who understands your risk profile and financial goals.
📌 Test Before You Trade
Always backtest thoroughly and paper trade in real-time market conditions before deploying on live accounts.
📌 Understand the Logic
Blindly using automated strategies without understanding their conditions can lead to significant loss. Read the code, understand the filters, and adapt to your own trading style if necessary.
Melody Markets Moving Average Transitions🎵 Melody Markets Moving Average Transitions – The Ultimate Trend State Indicator 🎵
📌 Indicator Description
Melody Markets Moving Average Transitions is a powerful indicator designed to accurately represent the market trend state by combining the 5 main moving averages (MA7, MA20, MA50, MA100, MA200) and their 120 possible configurations.
Unlike traditional indicators that display moving averages separately, this tool synthesizes these multiple combinations into a dynamic trend line, which can be displayed directly on the selected moving average or via a specially calculated dynamic moving average.
It provides a clear and precise view of trend strength and momentum, helping traders better anticipate price movements.
🔍 Key Features
✅ Comprehensive Trend State → Analyzes up to 120 configurations between 5 moving averages for a detailed trend state.
✅ Dynamic Trend Line → Simple and intuitive visualization of the trend via a single line, shown directly on the chosen MA or the dynamic MA.
✅ Signal Visualization → Displays signals generated by each moving average, facilitating decision-making.
✅ Relevant Pullbacks Display → Highlights meaningful pullbacks according to trend strength and context.
✅ Fully Customizable → Choose moving averages, toggle signals and pullbacks, and customize colors.
✅ Overlay on Price Chart → Smooth and clear integration directly on the price chart.
📖 How to Use Melody Markets Moving Average Transitions?
1️⃣ Select the moving average (MA7, MA20, MA50, MA100, MA200) to track the trend state.
2️⃣ Activate the dynamic trend line to visualize overall market direction in real-time.
3️⃣ Enable signal and pullback displays to catch key trade setups and corrections.
4️⃣ Customize colors and display options to suit your trading style.
5️⃣ Combine with other technical tools for enhanced entry and exit confirmations.
🎯 Who Is This Indicator For?
🔹 Trend Traders & Swing Traders → Get a clear, precise overview of trend strength and pullbacks.
🔹 Day Traders & Scalpers → Quickly identify relevant signals without clutter.
🔹 Beginner to Advanced Traders → Intuitive and comprehensive trend analysis for all levels.
🔥 Conclusion
Melody Markets Moving Average Transitions revolutionizes trend analysis by combining complex moving average configurations into a single, clear dynamic line and signal system. It empowers traders with a deeper understanding of market conditions, improving decision-making and timing.
📌 Add it to your chart now and experience trend analysis like never before! 🚀
Remora indicator (BTC 1 Min)Overview
Remora Indicator is a lightweight yet highly effective scalping tool designed for BTC 1-minute charts. It provides clean and reliable BUY/SELL signals directly on the chart, without cluttering your screen with unnecessary noise or subpanels. Ideal for scalpers and short-term traders looking for high-frequency entries and exits.
Key Features
Real-time BUY and SELL signals based on momentum shift and volatility confirmation.
No repainting or delayed logic — signals are confirmed on the current bar.
Filters include volatility compression, historical low sweeps, and adaptive thresholds.
Minimalist design: no distracting indicators or overlays, only actionable signals.
This script is for educational purposes only. It does not constitute financial advice. Always backtest before live trading.
Weekly Pivots for UptrendThis reads previous week data and Price action, and calculates next week probable support and resistance. Shared full week ES Mini Chart (though it works for all instruments). Indicator draws these lines automatically once new week starts by reading previous week data and they won't change for that week, which helps trader to make good decisions and see support and resistance clearly.
Please check shared chart, it's very clear how ES moved taking support from important fibs and even resistances as well.
As this is static and leading indicator, trader can look for Price action at any fib which are readily available for whole session.
IronBreaker High Performance Strategy (free trial)This is the free trial for the IronBreaker Strategy, which is a Paid Subscription strategy which offers high returns and low downside risk for both Coins and Stocks.
This trial version of the strategy currently allows to trade based on two tickers-coins (make sure to put the full name of the ticker):
INDEX:BTCUSD 1D Timeframe
MEXC:FARTCOINUSDT 4h Timeframe
You can test and use this trial version and trade based on it (at your own risk of course), you can even integrate its alarms with platforms like wundertrade to automate them
The idea is that you can get a feeling of how good it is, and maybe even make some money or lose less money on the process.
The full version is available for all the coins and all the timeframes, if you are interested contact me on X: x.com
Supertrend MACD - XAUUSD STRATEGY 🔶 Supertrend MACD - XAUUSD STRATEGY (v6) (XAUUSD ONLY FOR NOW)
A high-performance, multi-filtered MACD-based strategy tailored for XAUUSD (Gold) traders seeking precision entries during trending conditions. This indicator intelligently combines multiple technical layers—momentum, trend strength, volatility, and market structure—to help identify high-probability trade setups with improved reliability.
🧠 Core Logic & Features Explained:
🔸 MACD Momentum Engine
At the heart of the strategy lies the traditional MACD indicator (Moving Average Convergence Divergence), calculating the difference between two EMAs (fast and slow) and smoothing it with a signal line.
Buy Signal: Triggered when the MACD line crosses above the signal line.
Sell Signal: Triggered when the MACD line crosses below the signal line.
These signals are the foundation, but only the beginning of a layered decision-making process.
🔸 Higher Timeframe (HTF) Trend Confirmation
To filter out noise and false breakouts, the indicator references MACD values from a higher timeframe (configurable by the user). This powerful multi-timeframe approach ensures that entries only occur in alignment with the dominant macro-trend.
Ensures entries are not taken counter to larger market movements.
Helps identify momentum continuation setups and avoid chop.
🔸 Support Arrow Display (Optional)
For visual traders, an option to display support arrows on the chart can be enabled. These assist in identifying visually intuitive entry points and enhance situational awareness.
⚙️ User-Customizable Inputs:
MACD Settings: Fast EMA, Slow EMA, Signal EMA lengths.
Signal Offset: For visual alignment and candle matching.
HTF MACD Settings: Select any timeframe for higher timeframe filtering.
ATR and ADX Thresholds: Fine-tune filters to match your trading style.
Structure Break Lookback: Adjust BOS+ logic sensitivity.
Arrow Toggles: Enable or disable visual support arrows as needed.
THIS indicator is in its alpha stage, currently it only works on XAUUSD pairs, i plan to update this indicator so that it functions on every single pair available on Trading view
Another note, the signals given only become solid after the second the candlestick, after this the signal becomes solid. REPAINTING CAN HAPPEN AFTER THE FIRST CANDLE STICK OF THE SIGNAL BUT NOT AFTER THE SECOND
As this indicator is only in its alpha stage it should be used as such, every person is responsible for there own personal investments
ATR% Multiple from MARewrote jfsrevg 's indicator that measures the ATR % multiple from the 50MA, adding a volatility element so it can be used on any instrument.
This indicator highlights when a stock or other instrument is significantly extended—based on its own volatility—from a daily simple moving average like the 50MA. It’s designed to reduce emotional decision-making by signaling when the risk/reward profile may no longer be favorable, suggesting it could be a good time to take at least some profits.
In Jeff's own words: "While there is no foolproof profit-taking mechanism that guarantees selling at the absolute market peak, employing this strategy can be a valuable tool for scaling out profits during extended periods to minimize potential losses."
Note: The script uses the ATR% multiple from a moving average (50MA by default) as well as the ADR% to point out potential tops.
It works on both the daily and weekly time frame
EMA Trend Cloud with HH/LL Counter [RanAlgo]Indicator Overview:
This indicator combines EMA-based trend analysis with pivot point detection to identify market trends and potential reversal points. It features:
EMA Cloud System: Dual cloud layers (8/22 EMA and 21/49 EMA) for trend visualization
Pivot Analysis: Identifies Higher Highs (HH), Lower Highs (LH), Higher Lows (HL), and Lower Lows (LL)
Counter System: Tracks daily and session counts of HH/LL patterns
Key Components:
EMA Configuration:
Fast EMAs: 8, 21, 22
Medium EMAs: 49, 50
Slow EMA: 100
Cloud formations between EMAs (8/22 and 21/49) with adjustable opacity
Trend Signals:
Buy signals when EMA8 crosses above EMA22 (green cloud)
Sell signals when EMA8 crosses below EMA22 (red cloud)
Additional confirmation from 21/49 EMA cloud
Pivot Point System:
Customizable lookback period (default 16 bars)
Four pivot types with customizable visuals:
HH (Higher High) - Green
HL (Higher Low) - Blue
LH (Lower High) - Red
LL (Lower Low) - Orange
Extended lines with adjustable length
Counter Table:
Displays daily counts of HH and LL patterns
Six position options for table placement
Color-coded to match pivot line colors
Trading Rules:
Trend Following:
Go long when both clouds are green (EMA8 > EMA22 AND EMA21 > EMA49)
Go short when both clouds are red (EMA8 < EMA22 AND EMA21 < EMA49)
Pivot Confirmation:
Strong uptrend confirmed by consecutive HH and HL patterns
Strong downtrend confirmed by consecutive LH and LL patterns
Potential reversals when pattern sequences break
Counter Interpretation:
Increasing HH count suggests strong bullish momentum
Increasing LL count suggests strong bearish momentum
Divergences between price and counts may signal weakening trends
Customization Options:
Adjustable EMA lengths (hardcoded but can be modified)
Cloud opacity controls
Pivot line colors, styles, and thickness
Lookback period for pivot detection
Line extension length
Table visibility and positioning
Display Features:
Clean visual design that doesn't obscure price action
Non-repainting elements (uses confirmed pivots only)
Minimal screen space usage with optional table
This indicator complies with TradingView's guidelines by:
Using non-repainting calculations (confirmed pivots only)
Providing clear source code with comments
Offering comprehensive customization without overcrowding
Including proper input validation
Maintaining readable visuals at all zoom levels
The tool is designed for trend identification and confirmation, suitable for various timeframes and instruments. Users should combine it with other analysis techniques for best results.
DualWave Trend Signal [Auto1491]📌 English Version|DualWave Trend Signal
DualWave Trend Signal is a fully restructured trend indicator for TradingView, rebuilt from a proven MT4 logic and enhanced with Auto1491's signature dual-band engine.
Key Features:
✅ Dual-band trend detection (Outer / Inner Trend logic)
📉📈 Auto-classification of Bullish, Bearish, and Neutral phases
🟢🔴 Trend-colored candles for visual clarity
🔔 Clear BUY / SELL signal markers to reduce emotional trades
🛠️ Fully customizable parameters for different assets & timeframes
🔐 Includes expiry protection – visit our site for updates
👉 Official site: auto1491.com
Verified to match MT4’s behavior. Suitable for intraday gold, forex, and index traders.
📌 中文版本|DualWave 趨勢雙波段指標
DualWave Trend Signal 是一套基於 MT4 經典邏輯改寫、由 Auto1491 團隊為 TradingView 精準重構的趨勢指標。
它透過「雙趨勢帶(Dual Trend Bands)」設計,自動判讀多空方向,並標示買賣進場點,協助使用者提升交易決策效率。
主要特色:
✅ 雙層趨勢線(Outer/Inner Trend)同步偵測趨勢動能
📉📈 自動辨識多頭、空頭與盤整狀態
🟢🔴 K棒自動變色反映市場方向
🔔 清楚標示 BUY / SELL 訊號,降低人為干擾
🛠️ 可自訂範圍參數,適配不同商品與週期
🔐 含使用期限保護,請至官方網站取得最新版本
👉 官方網站:https://auto1491.com
本指標已與 MT4 完整對照驗證,適用於黃金、外匯、指數等日內交易市場。
Mera Mera - Ying Yang SimbiyotikTraderMera Mera - Ying Yang
The Mera Mera formation is a structure that traps the previous candle that formed in the same direction.
The formation directions of Ying Yang are the structure that includes the next candle.
Buy ? !
Sell ? !
x.com
Copyright © 2025 @SimbiyotikTrader ;)
RSI Buy Sell Signals[RanaAlgo]Overview
This Premium RSI with Enhanced Signals builds upon the classic Relative Strength Index by incorporating multiple confirmation filters and visual enhancements to improve signal reliability. The indicator goes beyond basic overbought/oversold levels by adding volume confirmation, trend alignment, and peak detection logic.
Key Features
Enhanced Signal Detection
Peak Strength Filter: Requires RSI movements to meet minimum strength criteria (configurable from 1-5 bars)
Volume Confirmation: Optional volume filter to ensure signals occur with above-average trading activity
Trend Alignment: Optional trend confirmation that checks price position relative to 20-period EMA
Visual Improvements
Dynamic coloring of RSI line (green in oversold, red in overbought)
Customizable reference lines and zones
Clear buy/sell signals with triangle markers
Comprehensive info panel showing current RSI status
Alert Capabilities
Ready-to-use alert conditions for both buy and sell signals
Visual and audible alerts when signals trigger
How It Works
Core RSI Calculation: Uses standard RSI formula with configurable length (default 14)
Signal Generation:
Buy signals require either:
RSI rising from oversold with volume/trend confirmation (when enabled)
Simple crossover above oversold level (when filters disabled)
Sell signals require either:
RSI falling from overbought with volume/trend confirmation
Simple crossunder below overbought level
Additional Filters:
Minimum peak strength prevents weak, insignificant movements from generating signals
Volume filter helps confirm institutional participation
Trend filter aligns signals with broader price direction
Usage Instructions
Apply to any chart timeframe (works best on 1H or higher)
Configure settings in the input panel:
Adjust RSI length if needed
Set overbought/oversold levels (default 70/30)
Enable/disable volume and trend filters
Customize visual elements
Signals appear as triangles below/above the RSI line
Use alerts to get notified of new signals
Differentiation from Standard RSI
This indicator adds several layers of confirmation that aren't present in the basic RSI:
Multi-bar momentum requirement for peaks/troughs
Volume validation option
Trend confirmation option
Smoothed RSI line for cleaner visualization
Comprehensive info panel with current status
The combination of these features helps filter out false signals that commonly occur with traditional RSI implementations.
Visually Layered OscillatorVisually Layered Oscillator User's Manual
Visually Layered Oscillator is a multi-oscillator designed to provide an intuitive visualization of RSI, MACD, ADX + DMI, allowing traders to interpret multiple signals at a glance.
It is designed to allow comparison within the same panel while maintaining the inherent meaning of each oscillator and compensating for visual distortion issues caused by size differences.
Component Overview
Item Description
RSI (x10) Displays relative buy/sell strength. Values above 70 are overbought; values below 30 are oversold.
MACD (3,16,10) Momentum indicator showing the difference between moving averages. Consists of lines and histograms
ADX ×50 + DMI Indicates the strength of the trend; ADX determines the strength of the trend and DMI determines whether it is buy/sell dominant.
White background color treatment Removes difficult-to-see grid lines to improve visibility.
🖥️ Screen Example
The panel is divided into the following three layers
mathematica
Copy
Edit
Top: ⬆️ RSI (purple)
Middle: 📈 MACD, Signal, Histogram + Color Fill
Bottom: 📉 ADX × 50, DMI+ / DMI- (Red, Blue, Orange)
TIP: If you zoom in on the indicators at a larger scale, you can see that each indicator is drawn at a different height level and placed in such a way that they do not overlap.
⚙️ Settings
Fast Length: MACD Quick Line Duration (Basic 3)
Slow Length: MACD slow line period (basic 16)
Smoothing: Signal line smoothing value (basic 10)
Notes and Tips
RSI × 10 and ADX × 50 are for visualization purposes only multiplied by multiples of the actual values. It does not affect the calculation and maintains the original RSI/ADX characteristics.
The MACD fill color visually highlights crossing conditions.
The background is treated in full white, making the indicator look clean without grid lines.
SMA Zone with Breakouts/Tests 1.0.This indicator plots a dynamic “SMA Zone” between two simple moving averages (one applied to lows, one to highs) and highlights key interaction points with the zone:
Breakouts
Bull Break: price closes above the upper SMA
Bear Break: price closes below the lower SMA
Requires confirmation via either above-average volume or an unusually wide bar (spread > ATR) closing near its extreme
Tests & Retests
After a breakout, the first re-entry into the zone edge is labeled “Test,” subsequent re-entries are numbered “Retest,” “2nd Retest,” etc.
Zone Weakening: each additional Test/Retest signifies diminished zone strength—fewer reliable boundaries remain (Traditional S/R theory)
Alerts
Fires a unified “Zone Signal” alert on every Break, Test, and Retest (set condition to “Any alert() function call”).
Disclaimer:
This is not financial advice and should not be used as a standalone trading signal.
It’s designed to draw your attention to important price-zone interactions so you can manually tune in.
The logic can be further enhanced or combined with other indicators/algorithms as part of a more complex trading system.
Ats9 ORB with linesThis indicator will show all 4 key Sessions. Asia , London , Ny and $$
.) Plot horizontal lines automatically and they will be visible through dead zones between sessions.
.) Change colors to match your setups.
.) You can adjust Orb duration (default is 15 mins)
Wait for the breakout and my tip is to wait for close below or above lines and see the magic 🪄
Super Kong(Profitunity Integrated Indicator)SuperKong (Profitunity Integrated Indicator) - English Introduction
The "SuperKong" indicator for TradingView integrates key elements from Bill Williams' "Profitunity" system with custom bar analysis. It features:
AO Bar Coloring: Candles colored green/red/black based on Awesome Oscillator momentum.
Squat Bars: Blue bars highlighting potential market indecision (high volume, low price range efficiency).
Alligator: Bill Williams' trend-following moving average trio (Jaw, Teeth, Lips).
Fractals: Tiny up/down triangles marking points that serve as criteria for Fractal entry signals.
Divergent Bar Signals: Arrow shapes indicating specific bullish/bearish bar patterns combined with AO and Alligator conditions, with Fractals taking display priority if they overlap.
This overlay indicator offers a multi-layered view of market dynamics, aiding in trend identification, momentum analysis, and spotting potential reversal points.
For those interested in a deeper understanding of the Profitunity methodology, refer to books such as "Trading Chaos" (Volumes 1 & 2) or visit www.profitunity.com.
DNP Buy/Sell ver4.0DNP System Custom Signals is a versatile indicator that combines multiple powerful elements to help identify trends, entry signals, and key market zones. This indicator is suitable for all trading styles, from scalping to long-term investing.
Main Components:
1_ DNP Trend Cloud & DNP Macro Cloud: Two cloud bands are generated to identify dynamic support/resistance zones and assess market trends at both short-term and long-term levels.
2_ Dynamic RSI Filter: RSI is combined with price-in-cloud conditions to filter out only high-quality overbought/oversold points.
3_ FastSignal Cross TrendSignal: Highlights critical cross points. When FastSignal crosses above TrendSignal, it indicates a potential price increase; when it crosses below, it signals a possible decline.
4_ Ichimoku Cloud with Custom Parameters: Helps assess medium-to-long-term trends, identify price equilibrium zones, and detect trend reversals or continuations.
5_ Entry Signal System: Combines trend direction, cloud zones, RSI signals, and confirmation candles to generate accurate buy/sell signals and minimize noise.
Disclaimer:
This indicator is provided for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument. Trading carries significant risks, and you should always conduct your own analysis and consult with a qualified financial advisor before making any trading decisions. Use this indicator at your own risk.
3 EMA Trend Strategy (Locks Trailing Stop Tightening)How I Created a Smart Trading Strategy Using 3 EMAs + Trailing StopLoss with help of ChatGPT
Ever wondered if AI can really help with trading? I put it to the test by asking ChatGPT to build a strategy using 3 Exponential Moving Averages (EMAs). Here's what I got:
✅ Custom Pine Script
✅ Trend-based entry logic
✅ Clean exits using Trailing Stop Loss
✅ Backtested on multiple tickers (QQQ, NVDA, SPY, AAPL)
I wanted to say anyone create the strategies with their ideas. Just take help of chatGPT and tweak for better results.
Here’s a quick summary of what the strategy does:
Condition Action Taken
==============================================
EMAs aligned + pullback Enter LONG (Buy)
Trade reaches 10% profit Trailing Stop set to 5%
Trade reaches 20% profit Trailing Stop locked at 2%
Price drops to stop level Exit Trade
I've fine-tuned the code, which is available to public. It is been tested , see the performance on chart. More detailed description and shared all insights in my latest blog post on
eemanispace.com
Let me know your comments / feedback.
Malama's market chopMalama's Market Chop is a technical analysis indicator designed to help traders quickly identify periods of market "choppiness"—that is, when price action is range-bound, lacking clear direction, and prone to false breakouts. By highlighting these sideways, indecisive market conditions, the indicator enables traders to avoid entering trend-following trades during unfavorable environments, or to adapt their strategies for range trading.
Problem Solved:
Many trading strategies perform poorly in choppy, non-trending markets, leading to whipsaws and false signals. This indicator provides a clear, visual method to detect such conditions, allowing traders to filter out low-probability setups and improve their overall decision-making.
While the Choppiness Index is a known concept, this script offers a streamlined, user-friendly implementation with several enhancements:
Custom Summation Function: The script uses a custom function to calculate the sum of bar ranges, ensuring precise control over the calculation and compatibility with Pine Script v6.
Visual Alerts: It provides immediate, on-chart visual cues (background highlights and triangle markers) to signal choppy conditions, making it easy to spot at a glance.
Real-Time Labeling: The current Choppiness Index value is displayed directly on the chart, keeping traders informed of the latest market state.
User Customization: Key parameters such as the lookback period and threshold are fully adjustable, allowing adaptation to different assets and timeframes.
Usefulness:
This indicator is especially valuable for:
Trend-following traders who want to avoid entering trades during sideways markets.
Range traders seeking to identify optimal periods for mean-reversion strategies.
Algorithmic/systematic traders who wish to use choppiness as a filter in their strategies.
How It Works: Detailed Methodology
1. Choppiness Index Calculation
Range Summation:
The script calculates the sum of the absolute price ranges (high minus low) for each bar over a user-defined period (chopPeriod).
Total Range:
It also computes the difference between the highest high and the lowest low over the same period.
Choppiness Index Formula:
The Choppiness Index is then calculated as:
Choppiness Index = 100 × log10(rangeSum / rangeTotal) / log10(chopPeriod)
This normalizes the value, making it comparable across different assets and timeframes.
Division by Zero Protection:
If the total range is zero (i.e., no price movement), the index is set to zero to avoid errors.
2. Choppy Market Detection
Threshold Comparison:
The indicator compares the current Choppiness Index value to a user-defined threshold (chopThreshold).
If the index is above the threshold, the market is considered "choppy" (sideways).
If below, the market is likely trending.
3. Visual and Signal Logic
Background Highlight:
When a choppy condition is detected, the chart background is softly highlighted in yellow, making it easy to spot periods of indecision.
Triangle Marker:
A small blue triangle is plotted below each bar where the market is choppy, providing a clear, bar-by-bar signal.
Current Value Label:
On the most recent bar, a blue label displays the current Choppiness Index value, keeping traders informed in real time.
Strategy Results and Risk Management
Note:
This script is an indicator and does not generate buy/sell signals or execute trades. Therefore, it does not include backtesting, position sizing, or risk management features. However, it is designed to be used as a filter within broader trading strategies, helping traders avoid entering positions during choppy conditions.
Guidance for Use:
Trend Strategies: Consider pausing or reducing position size when the indicator signals a choppy market.
Range Strategies: Consider activating mean-reversion or range-bound strategies during choppy periods.
User Settings and Customization
The indicator provides the following user-adjustable inputs:
Choppiness Period (chopPeriod):
Default: 14
Description: The number of bars used to calculate the Choppiness Index.
Effect: Shorter periods make the indicator more sensitive to recent price action; longer periods smooth out short-term noise.
Choppiness Threshold (chopThreshold):
Default: 61.8
Description: The Choppiness Index value above which the market is considered choppy.
Effect: Lowering the threshold will classify more periods as choppy; raising it will make the filter stricter.
These settings allow traders to tailor the indicator to different assets, timeframes, and personal trading styles.
Visualizations and Chart Setup
The indicator plots the following elements directly on the price chart:
Background Color:
Yellow (semi-transparent): Highlights periods where the Choppiness Index exceeds the threshold, signaling a choppy market.
Triangle Markers:
Blue triangles below bars: Mark each bar where a choppy condition is detected.
Current Value Label:
Blue label on the latest bar: Displays the current Choppiness Index value for quick reference.
Clarity:
Only elements relevant to the indicator’s function are plotted, ensuring a clean and focused chart presentation.
ScalpZone NQ 1M - Volume Signals with Highlight Box📊 ScalpZone NQ 1M - Volume Signals with Highlight Box
ScalpZone is a professional-grade indicator designed specifically for 1-minute scalping on Nasdaq Futures (NQ), focusing on high-volume price action zones. It automatically detects aggressive buying/selling activity based on volume spikes and visualizes potential entry zones with dynamic horizontal lines and price boxes.
🔍 Key Features:
Volume Spike Detection: Identifies high-volume candles using an adjustable EMA-based volume threshold.
Directional Volume Signals: Highlights candles with directional momentum (bullish or bearish) based on real-time volume dominance.
Scalp Zone Visualization:
Draws horizontal support/resistance lines at volume signal prices.
Renders price boxes around those levels to highlight actionable zones.
Zones automatically extend when respected by price, and disappear when invalidated.
Visual Candle Enhancement: Dynamically colors candles to reflect normalized volume intensity and direction.
Customizable Parameters:
Volume EMA & threshold multiplier
Line and box dimensions
Toggle zone visibility
🛠️ Use Case:
Perfect for scalpers and short-term traders looking to exploit volume-based reversals or breakout traps on the NQ 1-minute chart. Traders can use the visual cues to time entries, manage stops, or validate confluence with other tools (e.g., order flow, delta spikes, or footprint charts).
ScalpZone NQ 1M - Volume Signals with Highlight Box📊 ScalpZone NQ 1M - Volume Signals with Highlight Box
ScalpZone is a professional-grade indicator designed specifically for 1-minute scalping on Nasdaq Futures (NQ), focusing on high-volume price action zones. It automatically detects aggressive buying/selling activity based on volume spikes and visualizes potential entry zones with dynamic horizontal lines and price boxes.
🔍 Key Features:
Volume Spike Detection: Identifies high-volume candles using an adjustable EMA-based volume threshold.
Directional Volume Signals: Highlights candles with directional momentum (bullish or bearish) based on real-time volume dominance.
Scalp Zone Visualization:
Draws horizontal support/resistance lines at volume signal prices.
Renders price boxes around those levels to highlight actionable zones.
Zones automatically extend when respected by price, and disappear when invalidated.
Visual Candle Enhancement: Dynamically colors candles to reflect normalized volume intensity and direction.
Customizable Parameters:
Volume EMA & threshold multiplier
Line and box dimensions
Toggle zone visibility
🛠️ Use Case:
Perfect for scalpers and short-term traders looking to exploit volume-based reversals or breakout traps on the NQ 1-minute chart. Traders can use the visual cues to time entries, manage stops, or validate confluence with other tools (e.g., order flow, delta spikes, or footprint charts).
4 colour MACD with Delta % + Div LabelMACD 4C + Delta % + Divergence Label
This advanced MACD-based indicator is designed for professional traders seeking enhanced momentum analysis with visual clarity. It offers a multi-faceted view of MACD behavior with real-time insights into trend strength, acceleration, and divergence signals.
Key Features:
4-Color MACD Histogram:
Visually distinguishes between rising and falling MACD bars in both bullish and bearish zones for quicker momentum assessment.
Delta % Labels:
Each bar displays the percentage change in MACD compared to the previous bar, providing instant feedback on MACD acceleration and shift in momentum.
Automatic Divergence Detection:
Identifies regular bullish and bearish divergences using pivot-based logic. Displays clear, compact labels near MACD bars to highlight potential reversal zones.
Clean, Minimalist Design:
Divergence labels are sized for readability and positioned to avoid overlapping with MACD data, ensuring clean chart presentation.
No repainting or lag:
All divergence calculations are based on confirmed pivots, ensuring reliable signal generation without false alerts.
This tool is ideal for scalpers, swing traders, and momentum traders who rely on MACD dynamics for precise timing and directional bias. Use it to improve your entry and exit accuracy by combining traditional MACD signals with real-time volume and divergence insight.
🔹 Usage Notes
Recommended Timeframes:
Works well on all timeframes. For scalping, use 1m–5m; for swing trading, use 15m–1H+.
Best for:
Traders looking for a fast, visual way to assess trend strength and spot divergence-based reversal opportunities.
Pair With:
Can be used alongside price action, volume profile, RSI, or order flow-based indicators for confirmation.
How to Read:
Green/Red MACD bars indicate bullish/bearish momentum.
Delta % shows MACD change rate — increasing positive delta = strengthening trend.
Arrows/text labels signal potential divergence — pay attention when divergence aligns with support/resistance or price structure.
Notes:
No repainting — divergence is only drawn after pivots are confirmed.
All labels are automatically managed for clean display.
Can be customized further for hidden divergences or alert integration.
TCT - Envelope MatrixTCT - Envelope Matrix
A powerful multi-envelope indicator that creates a comprehensive price channel system with 4 customizable envelopes and multiple intermediate levels for precise price action analysis.
Key Features:
• 4 customizable envelopes with adjustable percentages (0.2%, 0.4%, 0.6%, 0.8% by default)
• Optional EMA or SMA basis calculation
• Color-coded bands for easy visual identification
• Automatic horizontal lines showing current band values
• Midpoint lines between adjacent bands
• Additional 25%, 50%, and 75% levels between each band pair
The indicator provides:
- Clear visual representation of price channels
- Multiple support and resistance levels
- Dynamic price boundaries that adapt to market conditions
- Enhanced precision with intermediate levels between bands
Perfect for:
• Identifying potential support and resistance zones
• Spotting overbought/oversold conditions
• Finding potential reversal points
• Analyzing price volatility and channel width
• Making informed trading decisions based on price position relative to multiple bands
Customization Options:
• Adjustable length for the basis calculation
• Choice between EMA and SMA
• Customizable colors for each envelope
• Flexible percentage settings for each band
• Optional basis line color adjustment
This indicator is particularly useful for traders who want to analyze price action within multiple dynamic channels and identify potential trading opportunities based on price interactions with various support and resistance levels.
Renko SMA Indicator (TP + Full Exit Logic Fixed)This is a trend-following breakout strategy designed for Renko charts. It enters long positions when price shows strength by breaking above a short-term moving average (SMA) — confirmed by volatility and other filters. The position is scaled out using a partial take-profit, and fully exited if price weakens and closes below trend structure.