Get started

Volatility

[Aegis]Original Turtle System for CryptoAs Richard Dennis once said, "Even if I published all the Turtle rules in the newspaper right now, no one would be able to 'execute' them," and 40 years later, even in modern financial markets (like the crypto market) where all the conditions have been disclosed, this strategy continues to deliver amazing performance. The following outlines the original Turtle rules as disclosed by Curtis Faith in his book *Way of the Turtle*, and a TradingView algorithm that translates these rules for application in the crypto market. --- ### **The Original Turtle Trading Rules** #### **1. Markets** * Trade in liquid futures markets. #### **2. Position Sizing** The volatility measure, **N**, is used as the basis for all calculations. **True Range (TR) Calculation:** Select the largest of the following three values: * Current High - Current Low * $|\text{Current High} - \text{Previous Close}|$ (Absolute Value) * $|\text{Current Low} - \text{Previous Close}|$ (Absolute Value) **N (Average True Range, ATR) Calculation:** $$N = \frac{(19 \times \text{PDN} + \text{TR})}{20}$$ * **PDN:** Previous Day's N value * **TR:** Current True Range This is similar to a 20-day Exponential Moving Average, and is sometimes calculated using a Simple Moving Average. **Unit Size Calculation:** $$\text{Unit Size (Number of Contracts)} = \frac{1\% \text{ of Account Equity}}{(\text{N} \times \text{Dollars per Point})}$$ * **Dollars per Point (Tick Value):** The value of a 1-point change in price. #### **3. Entries** * **Entry:** Buy when the 55-day high is broken to the upside, and sell when the 55-day low is broken to the downside. #### **5. Stops** * The stop-loss for every unit is set at a price **2N** unfavorable from the entry price. * For each additional unit added, the stop price for the **entire position** is adjusted favorably by **1/2 N**. * In other words, the stop price of the last unit entered becomes the stop price for the entire position. #### **6. Exits** The exit rule for profitable positions (before a stop is hit) is as follows: * **Long Positions:** Exit when the 20-day low is broken to the downside. * **Short Positions:** Exit when the 20-day high is broken to the upside. *Note: This exit rule is followed only if the price has moved up by a value greater than or equal to the N value multiplied by the criterion for changing the take-profit line (the original Korean text mentions a condition based on N, which is commonly interpreted as requiring a profit before applying the channel exit).* 리처드 데니스가 앞서 "내가 지금 당장 터틀의 모든 규칙을 신문에 공표한다고 해도 아무도 '실행'하지 못할 것"라고 말했듯 40년이 흘러 모든 조건이 공개된 현대 금융시장(크립토 시장)에서도 여전히 이 전략은 놀라운 퍼포먼스를 기록하고 있습니다. 아래는 커티스 페이스가 자신의 저서 '터틀의 방식'에 공개한 오리지널 터틀 규칙과 이를 알고리즘으로 변환하여 크립토마켓에 적용한 트레이딩뷰 알고리즘 입니다. ##### 1. 시장 (Markets) • 유동성이 풍부한 선물 시장에서 거래한다. ##### 2. 포지션 크기 (Position Sizing) 변동성 측정 단위인 N을 모든 계산의 기초로 사용한다. **True Range (TR) 계산:** 다음 세 가지 값 중 가장 큰 값을 선택한다. - • 현재 고가 - 현재 저가 - • |현재 고가 - 전일 종가| (절대값) - • |현재 저가 - 전일 종가| (절대값) **N (Average True Range, ATR) 계산:** N = (19 × PDN + TR) / 20 - • PDN: 이전 날의 N 값 - • TR: 현재 True Range 이는 20일 지수이동평균과 유사하며, 단순이동평균으로 계산하기도 한다. **1 유닛(Unit)의 크기 계산:** 유닛 크기 (계약 수) = 계좌 자산의 1% / (N × 틱 가치) • 틱 가치(Dollars per Point): 1포인트 변동 시의 가치 ##### 3. 진입 (Entries) - • 진입: 55일 고가를 상향 돌파하면 매수, 55일 저가를 하향 돌파하면 매도한다. ##### 5. 손절 (Stops) - • 모든 유닛에 대한 손절 기준은 진입 가격으로부터 2N 만큼 불리한 가격에 설정한다. - • 유닛이 추가될 때마다 전체 포지션의 손절 가격을 1/2 N 만큼 유리한 방향으로 상향 조정한다. - • 즉, 마지막으로 진입한 유닛의 손절 가격이 전체 포지션의 손절 가격이 된다. ##### 6. 청산 (Exits) 손절에 도달하기 전 수익 중인 포지션의 청산 규칙은 다음과 같다. - • 매수 포지션: 20일 저가를 하향 돌파할 때 청산한다. - • 매도 포지션: 20일 고가를 상향 돌파할 때 청산한다. 단, N값에 익절선 변경 기준을 곱한 값 이상으로 가격이 상승할 경우, 위 규칙을 따른다.
Pine Script® strategy
by sleepsystrade
VIX Overnight Unch or Up AlertThis indicator alerts when VIX opens the day unchanged or higher on the day. If in fact VIX opens up unchanged or higher, it will display near the first bar of the day, previous day's close time and level and the opening time and level. The close time is typically 16:15 New York Time and the opening time is 09:30 or the first print a few minutes later. I use TVC:VIX instead of CBOT because TVC for me is real time. I also use the 1 minute chart and the script is coded as 1 minute.
Pine Script® indicator
by mauiturtle
Reversal Signal [aganac3]This indicator is an advanced reversal detection system designed to identify high-probability turning points in price action using RSI dynamics, EMA structure, ATR volatility, and volume-based confirmation. The script automatically generates BUY/SELL signals, calculates target profit levels (TP1–TP3) and stop loss (SL) using ATR projections, and provides adaptive signal filtering based on market conditions and higher-timeframe trend bias. It is built for traders who need a precise, all-in-one reversal detection and trade-management system for intraday and swing trading across any market (forex, gold, crypto, or stocks). ⚙️ Main Features 🔸 1. Smart Reversal Probability Engine Calculates bullish/bearish probabilities (0–100%) using: RSI deviation & slope EMA bias (50 vs 200) ATR volatility conditions Candle structures (Engulfing, Pin Bar) Demand/Supply zone proximity Volume & momentum bursts Adaptive weighting via sigmoid normalization for smooth probability transitions. 🔸 2. Multi-Timeframe Confirmation Imports higher-timeframe (HTF) EMAs (default: 15-minute) for trend confirmation. Suppresses false signals against dominant HTF direction: Uptrend → fewer SELL signals Downtrend → fewer BUY signals 🔸 3. Adaptive Sensitivity & Alert Modes Sensitivity Options: Aggressive / Normal / Conservative Controls reaction speed and signal frequency. Alert Modes: Normal / Strict Normal: at least 3 confirmations required Strict: must confirm with pattern, volume, and candle bias Alert threshold: customizable (default: 85%) 🔸 4. Demand & Supply Zone Logic Automatically determines zone position based on recent price range. BUY bias favored when price in demand zone (bottom 35%) SELL bias favored when price in supply zone (top 35%) 🔸 5. Volatility & Volume Confirmation Detects ATR spikes and volume surges for strong reversals. Optional weighting for burst acceleration and pressure (momentum direction). 🔸 6. Target Projection (TP/SL System) Auto-plots: TP1, TP2, TP3 = ATR-based target levels SL = ATR-based stop loss Dashed lines with floating price labels, lines and labels auto-delete when hit (to maintain a clean chart). Fully automated trade management visualization. 🔸 7. Signal Cooldown & Cleanup Customizable cooldown (default 10 bars) to prevent over-signaling. Automatic reset of TP/SL after trade conclusion (TP or SL hit). 🔸 8. Visuals & Alerts BUY = 🔼 green triangle below bar SELL = 🔽 red triangle above bar Alerts available for: “Bullish Reversal” “Bearish Reversal” Clean overlay design — ideal for dark or light chart themes. 🔸 9. Use Cases XAU/USD (Gold): short-term scalping or intraday reversals Crypto (BTC/ETH): H1–H4 swing setups Stocks: Daily trend reversals Indices: Multi-TF trend exhaustion tracking
Pine Script® indicator
by aganac3
Adaptive Volatility Bands | AlphaNattAdaptive Volatility Bands (AVB) | AlphaNatt Professional-grade dynamic bands that adapt to market volatility and trend strength, featuring smooth gradient visualization for enhanced chart clarity. 🎯 CORE CONCEPT AVB creates self-adjusting bands around a customizable basis line, expanding during trending markets and contracting during consolidation. The gradient fill provides instant visual feedback on price position within the volatility envelope. ✨ KEY FEATURES 5 Basis Types: Choose between SMA, EMA, ALMA, KAMA, or VWMA for the centerline calculation Adaptive Band Width: Bands automatically widen in strong trends and tighten in ranging markets Smooth Gradient Fills: 10-layer gradient on each side for professional depth visualization Multiple Volatility Metrics: ATR, Standard Deviation, or Range-based calculations Squeeze Detection: Identifies Bollinger/Keltner squeeze conditions for breakout anticipation Dynamic Color States: Cyan (#00F1FF) for bullish, Magenta (#FF019A) for bearish conditions 📊 HOW IT WORKS The basis line is calculated using your selected moving average type Volatility is measured using ATR, StDev, or Range Trend strength is quantified via linear regression Band width adapts based on normalized trend strength (when enabled) Gradient layers create smooth visual transitions from bands to basis Color state changes based on price position and basis direction 🔧 PARAMETER GROUPS Basis Configuration: Basis Type: Moving average calculation method Basis Length (20): Period for centerline calculation ALMA Settings: Offset (0.85) and Sigma (6) for ALMA basis Volatility Settings: Volatility Method: ATR, Standard Deviation, or Range Volatility Length (14): Lookback for volatility calculation Band Multiplier (2.0): Distance of bands from basis Adaptive Settings: Enable Adaptive (true): Toggle dynamic band adjustment Adaptation Period (50): Trend strength measurement window Squeeze Detection: BB/KC Parameters: Settings for squeeze identification Expansion Threshold: Multiplier for expansion signals 📈 TRADING SIGNALS Long Conditions: Price crosses above basis Basis line is rising Band color shifts to cyan Short Conditions: Price crosses below basis Basis line is falling Band color shifts to magenta 💡 USAGE STRATEGIES Trend Following: Trade with the basis direction when bands are expanding Mean Reversion: Fade moves to outer bands during squeeze conditions Breakout Trading: Enter on expansion signals after squeeze periods Support/Resistance: Use bands as dynamic S/R levels Position Sizing: Wider bands suggest higher volatility - adjust size accordingly 🎨 VISUAL ELEMENTS Gradient Fills: 10 opacity layers creating smooth band transitions Dynamic Colors: State-dependent coloring for instant trend recognition Basis Line: Bold centerline changes color with trend state Band Lines: Outer boundaries with matching state colors ⚡ BEST PRACTICES The AVB indicator works optimally on liquid instruments with consistent volume. The adaptive feature performs best in trending markets but can generate false signals during choppy conditions. Consider using alongside momentum indicators for confirmation. The gradient visualization helps identify price position within the volatility envelope at a glance. 🔔 ALERTS INCLUDED Long/Short Signals Squeeze Conditions Expansion Breakouts Band Touch Events Version 6 | Pine Script™ | © AlphaNatt
Pine Script® indicator
by AlphaNatt
2
Profitolio Swing Strategy V1.2Profitolio Swing Strategy V1.2 - User Guide Overview The Profitolio Swing Strategy (PSS V1.2) is a comprehensive swing trading indicator designed to identify high-probability trade setups by combining multiple technical analysis methods. This indicator helps traders capture medium-term price movements while managing risk effectively. What This Indicator Does This indicator analyzes market momentum and volatility to generate clear BUY and SELL signals. It uses a confluence approach, meaning signals only appear when multiple conditions align, reducing false signals and improving trade quality. Key Features Visual Components 1. Signal Markers Green Triangle (BUY): Appears below candles when bullish conditions align Red Triangle (SELL): Appears above candles when bearish conditions align 2. Reference Lines Blue Line: 21-period Exponential Moving Average (EMA) - shows medium-term trend direction Orange Circles: Volume Weighted Average Price (VWAP) - represents fair value based on price and volume 3. Stoploss Management Red Horizontal Line: Active stoploss for long positions (appears after BUY signal) Green Horizontal Line: Active stoploss for short positions (appears after SELL signal) "SL HIT!" Label: Appears when price touches the stoploss level 4. Background Color Light Green: Indicates overall bullish market condition Light Red: Indicates overall bearish market condition No Color: Neutral/mixed conditions 5. Dashboard (Top Right) Shows the status of multiple trend variants and the final decision: Individual variant status (Variant 1, 2, 3) Overall decision (BULLISH/BEARISH/NEUTRAL) Active stoploss value Parameters Used ATR-Based Calculations The indicator uses different Average True Range (ATR) and multipliers which measures market volatility Lower multipliers: More sensitive, faster signals Higher multipliers: Less sensitive, more stable signals Moving Averages 21 EMA: Helps identify the prevailing trend direction. Price above EMA suggests uptrend, below suggests downtrend VWAP: Acts as dynamic support/resistance. Institutional traders often use this as a reference point How to Use This Indicator Step 1: Wait for Signal Confirmation Do not trade when background is absent (neutral condition) Look for BUY signal when background turns light green Look for SELL signal when background turns light red Step 2: Entry Rules For Long Positions (BUY): Wait for green triangle below candle Confirm price is above the 21 EMA (blue line) for stronger probability Enter at current market price or next candle open For Short Positions (SELL): Wait for red triangle above candle Confirm price is below the 21 EMA (blue line) for stronger probability Enter at current market price or next candle open Step 3: Risk Management Stoploss Placement: For BUY trades: The indicator automatically marks a stoploss level (red line) based on recent price action For SELL trades: The indicator automatically marks a stoploss level (green line) based on recent price action These levels persist until hit or trend reverses Exit Strategies: Stoploss Exit: Exit when price hits the marked stoploss line (you'll see "SL HIT!" label) Signal Reversal: Exit when opposite signal appears Background Change: Consider exiting when background color disappears (trend weakening) Step 4: Additional Confirmation Use EMA & VWAP for Confluence: Stronger BUY: When price is above both EMA and VWAP Stronger SELL: When price is below both EMA and VWAP Caution: When price is between EMA and VWAP (mixed signals) Best Practices ✅ DO: Use on higher timeframes (4H, Daily) for swing trading Wait for clear signal confirmation Respect the stoploss levels Check dashboard for overall market condition Use on trending markets for best results ❌ DON'T: Trade during neutral/gray periods Ignore stoploss levels Trade against the background color Use on very short timeframes (1min, 5min) - designed for swing trading Enter trades when all three variants show mixed signals Alert Setup The indicator includes built-in alerts: "All Bullish": Triggered on BUY signal "All Bearish": Triggered on SELL signal "Buy SL Hit": When long stoploss is touched "Sell SL Hit": When short stoploss is touched Timeframe Recommendations Best: Daily, 4-Hour charts Good: 1-Hour charts Not Recommended: Below 1-Hour (too many false signals) Understanding the Dashboard The dashboard shows a breakdown of the decision-making process: Variant 1, 2, 3: Individual component analysis Decision: Final verdict (requires all variants to agree) Active SL: Current stoploss level for open position Risk Disclaimer This indicator is a tool to assist in trading decisions. Always: Use proper position sizing Never risk more than 1-2% per trade Combine with your own analysis Practice on paper/demo accounts first Past performance doesn't guarantee future results Note: This indicator works best in trending markets and may generate fewer signals in ranging/choppy conditions. Patience is key to successful swing trading.
Pine Script® indicator
by profitolio
Smart ATR - Position Sizing for YM Dow JonesSmart ATR includes all basic functionality of ATR + an EMA of ATR. The EMA can give you a baseline or long-term perspective of what ATR normally is. The built-in, automatic sizing tool will display a recommended number of contracts each bar, based upon a multiple of the current ATR. Supports fractional tick values for MYM by clicking the down arrow. Supports fractional ATR values, such as 1.5x. Updates contract sizing on each new bar. This indicator will maintain your RR as volatility increases and decreases. Currently only optimized for YM, will publish other versions if there is an interest.
Pine Script® indicator
by clowery
Sigma Volatility BandsThis indicator models and displays bands of potential future price based on historic realized volatility. This can be used for finding price target where there is no past price action. The price bands are derived from Standard Deviations based on input bars back of historic volatility. More Inputs: Lookback = Number of bars considered Forward Bars = Number of bars to project bands forward There are two display modes: Forward shifted envelopes = (see below) Draws bands of price from the Standard Deviation Forward for Anchor Lines = Draws a wedge out number of bars forward (Vibe coded. Message me for suggested updates and improvements)
Pine Script® indicator
by norok
DTR & ATR with live zonesThis indicator is designed to help traders gauge the day's volatility in real-time. It compares the current Daily True Range (DTR)—the distance between the session's high and low—to the historical Average True Range (ATR). The main purpose is to project potential price levels where the market might reach based on its average volatility. These levels (100% ATR, 150%, 200%, etc.) can be used as price targets. For instance, if you're in a long trade, you might consider taking partial or full profits as the price approaches these upper ATR extension levels. The indicator is highly customisable, allowing you to control the appearance of the ATR lines, zones, and labels to fit your charting preferences. Core Concepts: ATR and DTR To use this indicator effectively, it's important to understand its two main components: Average True Range (ATR): This is a classic technical analysis indicator that measures market volatility. It calculates the average range of price movement over a specific period (e.g., 14 days). A higher ATR means the price is, on average, moving more, while a low ATR indicates less volatility. This script uses a higher timeframe ATR (e.g., Daily) to establish a stable volatility baseline for the current trading day. Daily True Range (DTR): This is simply the difference between the current trading session's highest high and lowest low (session high - session low). It tells you how much the price has actually moved so far today. The indicator's logic revolves around comparing the live, unfolding DTR to the historical, baseline ATR. An on-screen table conveniently shows this comparison as a percentage, to show how volatile the day has been. How It Works: The Dynamic & Locked Mechanism The most clever part of this indicator is how it draws the ATR levels. It operates in two distinct phases during the trading session: Phase 1: Dynamic Expansion (Before DTR meets ATR) At the start of the session, the DTR is small. The indicator calculates the remaining range needed to "complete" the 100% ATR level (difference = avg_atr - dtr). It then adds this remaining amount to the session high and subtracts it from the session low. This creates a "floating" 100% ATR range that expands dynamically as the session high or low is extended. Phase 2: The Lock-in (After DTR meets or exceeds ATR) Once the day's range (DTR) becomes equal to or greater than the avg_atr, the day has met its "expected" volatility. At this point, the levels lock in place. The indicator intelligently determines the anchor point for the locked range. Once this primary 100% ATR range is established (either dynamically or locked), the script projects the other levels (150%, 200%, 250%, and 300%) by adding or subtracting multiples of the avg_atr from this base. How to Use It for Trading The primary use of this indicator is to set logical, volatility-based price targets. Setting Profit Targets: If you enter a long position, the upper ATR levels (100%, 150%, 200%) serve as excellent areas to consider taking profits. A move to the 200% or 250% level often signifies an overextended or "exhaustion" move, making it a high-probability exit zone. For short positions, the lower ATR levels serve the same purpose. Assessing Intraday Momentum: The on-screen table tells you how much of the expected daily range has been used. If it's early in the session and the DTR is only at 30% of the ATR, you can anticipate more significant price movement is likely to come. Conversely, if the DTR is already at 150% of ATR, the bulk of the day's move may already be complete. Mean Reversion Signals: If the price pushes to an extreme level (e.g., 250% ATR) and shows signs of stalling (e.g., bearish divergence on an oscillator), it could signal a potential reversal or pullback, offering an opportunity for a counter-trend trade. Key Settings ATR Length & Smoothing Type: These settings control how the baseline ATR is calculated. The default 14 period and RMA smoothing are standard, but you can adjust them to your preference. Session Settings: This is crucial. You must set the Market Session and Time Zone to match the primary trading hours of the asset you are analysing (e.g., "0930-1600" for the NYSE session). Show Lines / Show Labels / Show Zones: The script gives you full control over the visual display. You can toggle each ATR level's lines, labels, and background zones individually to avoid a cluttered chart and focus only on the levels that matter to your strategy.
Pine Script® indicator
by Mereep01
3
CandleFlow — Adaptive-Colored Bollinger BandsEN — What it is Classic Bollinger Bands with adaptive color. Bands turn green when the basis slope is rising and red when it is falling. Same BB math; only visuals adapt. Two-state only. Features • Works on any timeframe; built with daily crypto in mind • Inputs: Length 20, Multiplier 2.0, MA Type (SMA/EMA/WMA), Slope Length, Up/Down thresholds, Band fill • Alerts: Trend state turns Up / turns Down Notes • Invite-only access. Source code not provided. • No profit guarantee; this is not financial advice. KR — 요약 표준 볼린저 계산은 그대로, 기준선이 상승하면 초록/하락하면 빨강으로 자동 색상 전환. 일봉 크립토에 최적화. 입력값(기간 20, 배수 2.0, MA 타입, 기울기 길이, 상/하 임계값, 밴드 채우기), 알림(상승/하락 전환) 제공. 초대전용, 코드 비공개. 수익 보장 없음. Trademark Bollinger Bands® is a registered trademark of John Bollinger. Not affiliated or endorsed.
Pine Script® indicator
by TV-candleflow
NNFX Lite Precision Strategy - Balanced Risk Management🎯 Overview The NNFX Lite Precision Strategy is a complete trading system designed for consistent, risk-managed trading at 4H timeframe and BTC/USD. It combines simple yet effective technical indicators with professional-grade risk management, including automatic position sizing and multiple take-profit levels. This strategy is based on the No Nonsense Forex (NNFX) methodology enhanced with modern risk management techniques. ✨ Key Features 🛡️ Professional Risk Management - Automatic 1% Position Sizing: Every trade risks exactly 1% of your account equity, calculated automatically based on stop loss distance - Multiple Take-Profit Levels: Scale out at 33%, 50%, and 100% of position at 2 ATR, 3 ATR, and 4.5 ATR respectively - Trailing Stop Protection: Activates after 2 ATR profit to protect gains while letting winners run - Average Risk/Reward: 2:1 to 3:1 depending on exit level - ATR-Based Stops: 1.5× ATR stop loss provides proper breathing room while managing risk 📊 Technical Indicators - **Baseline**: 21-period EMA for trend direction - Confirmation 1: SuperTrend (7-period ATR, 2.0 multiplier) for trend validation - Confirmation 2: 14-period RSI for momentum and overbought/oversold zones - Volume Filter: Requires 1.4× average volume for quality setups - Exit Indicator: Multiple TP levels with trailing stop 🎛️ Precision Filters (All Configurable) 1. Trend Strength: Requires 3+ consecutive bars in same SuperTrend direction 2. Momentum Alignment: Baseline and RSI must be rising (long) or falling (short) for 2 bars 3. Volume Confirmation: Entry volume must exceed 1.4× of 20-bar average 4. Cooldown Period: 4-bar minimum between entries to prevent overtrading 5. Optional Filters: Distance from baseline, RSI strength threshold, strong momentum (3-bar) 📈 Entry Conditions LONG Entry Requirements: - Price above 21 EMA (current and previous bar) - SuperTrend GREEN and confirmed for 3+ bars - RSI between 50-70 (bullish but not overbought) - EMA and RSI both rising (momentum alignment) - Volume > 1.4× average - At least 4 bars since last entry - No current position SHORT Entry Requirements: - Price below 21 EMA (current and previous bar) - SuperTrend RED and confirmed for 3+ bars - RSI between 30-50 (bearish but not oversold) - EMA and RSI both falling (momentum alignment) - Volume > 1.4× average - At least 4 bars since last entry - No current position 🚪 Exit Conditions Multiple Take-Profit Strategy: - TP1 (2.0 ATR): Exit 33% of position = 1.33:1 R:R - TP2(3.0 ATR): Exit 50% of remaining = 2:1 R:R - TP3 (4.5 ATR): Exit 100% remaining = 3:1 R:R Trailing Stop: - Activates after 2 ATR profit - Trails by 1 ATR offset - Protects profits while allowing trend continuation Stop Loss: - 1.5× ATR from entry - Risks exactly 1% of account (via automatic position sizing) Opposite Signal Exit: - Closes position if opposite direction signal appears (no reversal entry, clean exit only) ⚙️ Customizable Settings Trading Parameters: - Enable/Disable Longs and Shorts independently - Adjustable Risk % (default: 1.0%) - Entry label display options Precision Filters (All Optional): - Trend Strength: Toggle ON/OFF, adjustable bars (1-10) - Momentum Alignment: Toggle standard or strong (3-bar) momentum - Volume Filter: Toggle ON/OFF, adjustable multiplier (1.0-3.0×) - Cooldown: Adjustable bars between entries (0-20) - Distance Filter: Optional distance requirement from baseline - RSI Strength: Optional RSI strength threshold for entries Indicator Parameters: - Baseline EMA Period (default: 21) - SuperTrend ATR Period (default: 7) - SuperTrend Multiplier (default: 2.0) - RSI Period (default: 14) - Volume MA Period (default: 20) - ATR Period for exits (default: 14) 📊 Expected Performance Balanced Default Settings: - Trade Frequency: 8-15 trades per month (4H timeframe) - Win Rate**: 55-70% - Profit Factor: 2.5-3.5 - Average Win: +2.0% to +3.0% - Average Loss: Exactly -1.0% - Risk Consistency: Every trade risks exactly 1% Note: Performance varies by market, timeframe, and market conditions. Past performance does not guarantee future results. 🕐 Recommended Timeframes - Daily (1D): Best for swing trading, high-quality signals - 4-Hour (4H): Optimal balance of frequency and accuracy 💎 Best Use Cases Ideal For: ✅ Cryptocurrency (BTC, ETH, major alts) ✅ Stock indices (SPX, NDX, DJI) ✅ Individual stocks with good liquidity ✅ Commodities (Gold, Silver, Oil) Works Best In: ✅ Trending markets ✅ Normal to high volatility ✅ Liquid instruments with tight spreads ✅ Markets with clear directional movement Less Effective In: ⚠️ Choppy/sideways markets (use filters) ⚠️ Low liquidity instruments ⚠️ During major news events (use cooldown) ⚠️ Extremely low volatility periods 🎓 How to Use 1. Initial Setup: - Add strategy to chart - Set initial capital to match your account - Verify commission settings (default: 0.05%) - Adjust risk % if desired (default: 1% recommended) 2. Customize Filters: - **Conservative**: Enable all filters, increase thresholds - **Balanced** (Default): Standard filter settings - **Aggressive**: Disable optional filters, lower thresholds 3. Backtest: - Run on historical data (minimum 2 year) - Check Strategy Tester results - Verify profit factor > 2.0 - Ensure win rate > 50% - Review individual trades 4. Forward Test: - Paper trade for 2-4 weeks - Monitor performance vs backtest - Adjust filters if needed 5. Live Trading: - Start with small position sizes - Monitor risk per trade (should be consistent 1%) - Let take-profit levels work automatically - Don't override the system ⚠️ Important Notes Risk Management: - This strategy calculates position size automatically based on your risk % setting - Default 1% risk means each losing trade costs 1% of your account - Ensure you have sufficient capital (minimum $1,000 recommended) - Stop loss distance varies with ATR (volatile markets = larger SL = smaller position) Market Conditions: - Strategy performs best in trending markets - Use higher cooldown settings in choppy conditions - Consider disabling in extremely volatile news events - May underperform during prolonged consolidation Execution: - Strategy uses limit orders for TP levels - Slippage can affect actual entry/exit prices - Commission settings should match your broker - High-spread instruments will reduce profitability 🔧 Configuration Profiles Conservative (High Accuracy, Fewer Trades): Trend Bars: 4-5 Strong Momentum: ON Volume Multiplier: 1.6-1.8× Cooldown: 6-8 bars Distance Filter: ON RSI Strength: ON Expected: 4-8 trades/month, 65-80% win rate Balanced (Default - Recommended): Trend Bars: 3 Strong Momentum: OFF Volume Multiplier: 1.4× Cooldown: 4 bars Distance Filter: OFF RSI Strength: OFF Expected: 8-15 trades/month, 55-70% win rate Aggressive (More Trades): Trend Bars: 2 Momentum: OFF Volume Multiplier: 1.2× Cooldown: 2 bars All Optional Filters: OFF Expected: 15-25 trades/month, 50-60% win rate 📚 Strategy Logic Core Philosophy: This strategy follows the principle that consistent, properly-managed trades with positive expectancy will compound over time. It doesn't try to catch every move or avoid every loss - instead, it focuses on: 1. Quality Setups: Multiple confirmations reduce false signals 2. Proper Position Sizing: 1% risk ensures survivability 3. Asymmetric Risk/Reward: Average wins exceed average losses 4. Scaling Out: Partial profits reduce stress and lock in gains 5. Trailing Stops: Capture extended trends without guessing tops/bottoms Not Included: - No martingale or position averaging - No grid trading or pyramiding - No reversal trades (clean exit only) - No look-ahead bias or repainting - No complicated formulas or curve-fitting 🎯 Performance Tips 1. Let the System Work: Don't override exits or entries manually 2. Respect the Risk: Keep risk at 1% per trade maximum 3. Monitor Equity Curve: Smooth upward = good, choppy = adjust filters 4. Adapt to Conditions: Use conservative settings in uncertain markets 5. Track Statistics: Keep a journal of trades and performance 6. Stay Disciplined: The strategy's edge comes from consistency 7. Update Periodically: Review and adjust filters monthly ✅ Advantages ✅ Automated Risk Management: Position sizing calculated for you ✅ Multiple Exit Levels: Reduces stress, improves R:R ✅ Highly Customizable: Adjust to your trading style ✅ Simple Indicators: Easy to understand and verify ✅ No Repainting: Signals don't disappear or change ✅ Proper Backtesting: All calculations use confirmed bars ✅ Works on All Timeframes: From 15M to Daily ✅ Universal Application: Forex, crypto, stocks, indices ✅ Visual Feedback: Background colours show setup alignment ✅ Clean Code: Well-documented Pine Script v5 ⚠️ Limitations ⚠️ Requires Trending Markets: Underperforms in consolidation ⚠️ Not a Holy Grail: Will have losing trades and drawdowns ⚠️ Needs Proper Capital: Minimum $1,000 recommended ⚠️ Slippage Impact: Real-world execution may differ ⚠️ Backtesting Bias: Past results don't guarantee future performance ⚠️ Learning Curve: Optimal settings require experimentation ⚠️ Market Dependent: Some markets work better than others 📊 Statistics to Monitor When evaluating this strategy, focus on: 1. Profit Factor: Should be > 2.0 (higher is better) 2. Win Rate: Target 50-70% (varies by settings) 3. Average Win vs Average Loss: Should be at least 1.5:1 4. Maximum Drawdown: Keep under 15-20% 5. Consistency: Look for steady equity curve 6. Number of Trades: Minimum 30-50 for statistical relevance 7. Risk/Trade: Should be consistent around 1% 🔐 Risk Disclaimer IMPORTANT: Trading carries substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. This strategy is provided for educational purposes and should not be considered financial advice. Before using this strategy with real money: - Thoroughly backtest on historical data - Forward test on a demo account - Understand your broker's execution and fees - Only risk capital you can afford to lose - Consider consulting with a financial advisor - Start with small position sizes - Monitor performance regularly The creator of this strategy: - Makes no guarantees of profitability - Is not responsible for any trading losses - Recommends proper risk management at all times - Suggests thorough testing before live use 📞 Support & Updates - Version: 1.0 (Pine Script v6) - Last Updated**: 2025 - Tested On: Multiple forex pairs, crypto, indices - Minimum TradingView Plan: Free (backtesting included) For questions, suggestions, or bug reports, please comment below or send a message.
Pine Script® strategy
by Russoo_trades
Smart Levels V8 + Anomaly Detection CombinedTATANKA Smart Levels + Anomaly Detection A comprehensive analysis tool combining manual level tracking with statistical anomaly detection for identifying high-probability trading opportunities. CORE FEATURES: Manual Level System: • Plot custom support/resistance levels with automatic inflection point tracking • Color-coded bull/bear level visualization with adjustable positioning • Real-time level crossing alerts with directional confirmation • Multi-timeframe pivot integration for additional context Anomaly Detection Engine: • Identifies statistical deviations from price equilibrium • Generates scored signals based on multiple confirmation factors • Visual threshold bands show deviation zones • Horizontal projection lines from anomaly points until broken or session end Session Management: • RTH/OVN session filtering with multiple timezone support • Enhanced scoring during key market hours (opening hour, power hour) • Option to block signals outside regular trading hours • Session-specific visual backgrounds for clarity Signal Intelligence: • Automated confluence scoring combining price action, volume, and momentum • Multiple signal types: bounces, breakouts, reversals, exhaustion patterns • RSI and ADX integration for regime awareness • Customizable cooldown periods to reduce signal noise • Quality thresholds to filter low-probability setups Market Bias Panel: • Real-time display of current market sentiment • Shows distance to key levels and signal readiness • Configurable positioning and visibility options Visual Customization: • Adjustable signal sizes, colors, and transparency • Optional large circles for high-quality setups • Directional arrows and score labels • Clean interface with minimal chart clutter BEST PRACTICES: • Recommended for 1m-15m timeframes on liquid futures/forex markets • Paste your key levels at session start or when levels update • Adjust sensitivity based on asset volatility (lower multipliers = more signals) • Use signals as reference points within your overall trading plan • Combine with additional confirmation from order flow or other tools IMPORTANT NOTES: • This is an indicator, not an automated strategy • Signals represent potential opportunities requiring discretionary analysis • Past performance does not guarantee future results • Adjust parameters through backtesting on your specific instruments
Pine Script® indicator
by tantankatrading
GOLD COSMIC ALGO Gold Cosmic Algo is an advanced, all-in-one trading system specially designed for Gold (XAUUSD). It combines trend, momentum, and volatility analysis to deliver high-accuracy scalping, intraday, and swing trading signals. Built with precision logic, it automatically adapts to changing market conditions to identify the strongest buy and sell opportunities. The algo uses a multi-layer structure that includes trend filters, momentum confirmation, and volatility detection to avoid false breakouts and ensure disciplined trade entries. It supports all timeframes—from 1-minute scalping to 4-hour swing trading—making it ideal for both short-term traders and positional investors. Gold Cosmic Algo is optimized for TradingView invite-only access, offering professional-grade signal clarity with automatic stop-loss, target zones, and real-time alerts. It is designed to help traders trade confidently in high-volatility gold markets with smart, rule-based precision.
Pine Script® indicator
by Ajeetkumar11
ATR %ATR % Oscillator A simple and effective Average True Range (ATR) indicator displayed as a percentage of the current price in a separate panel. FEATURES: • ATR displayed as percentage of current price for easy cross-asset comparison • EMA smoothing line using the same period as ATR • Configurable ATR period (default: 20) • Clean visualization with zero reference line HOW IT WORKS: The indicator calculates ATR and converts it to a percentage: (ATR / Close) × 100 This normalization allows you to: - Compare volatility across different instruments regardless of price - Identify high and low volatility periods - Use the EMA line to spot volatility trends PARAMETERS: ATR Period - The lookback period for ATR calculation (default: 20) Timeframe - Choose any timeframe for ATR calculation independently from the chart timeframe (default: chart timeframe)
Pine Script® indicator
by audrius_exe
Axel Smart TrendAxel Smart Trend is a dynamic system for identifying and tracking market trends. It combines ATR-based volatility analysis, EMA smoothing, and Fibonacci-anchored zones to show current trend direction and potential reversal areas. Axel Smart Trend is a dynamic system for identifying and tracking market trends. It combines ATR-based volatility analysis, EMA smoothing, and Fibonacci-anchored zones to display current trend direction and key reaction areas. The indicator adapts to changing market volatility, automatically switching between bullish and bearish phases. Colored clouds visualize the active trend and act as dynamic support and resistance zones during trend continuation. Cross markers on the chart highlight moments when the price approaches important cloud levels. These crosses are not buy or sell signals, but rather a visual indication that the market has entered a zone of increased interest. Main parameters: The ATR period and multiplier define the sensitivity to volatility. The EMA length controls the depth of trend smoothing. Signal strength and cooldown settings adjust the precision and frequency of the markers. Practical use: Green crosses tend to appear near potential support areas, while red crosses form near resistance or overbought zones. The clouds help assess trend strength and possible pullback levels. Best suited for daily and weekly charts. Disclaimer: This indicator is intended for analytical and educational purposes only. It does not provide financial advice or trading recommendations, and past performance does not guarantee future results.
Pine Script® indicator
by AxelAlts
Axel ATR FlowAxel ATR Flow is a dynamic, volatility-adaptive channel designed to visualize the natural rhythm of market movement. The indicator builds its structure around the Average True Range (ATR) and a smooth central line — called the Flow — which acts as a flexible base. As volatility increases, the channel expands; when the market calms down, it contracts. This creates an adaptive envelope that helps traders see where price is likely to find balance, support, or exhaustion. Unlike traditional static channels, Axel ATR Flow features real-time interpolation between closed and live data within the same higher-timeframe candle. This means that even intraday, the indicator smoothly follows actual market movement, offering a realistic view of active volatility. How it works The system builds five key elements: Central Flow Line — the main trend reference. Main Trail — the primary volatility boundary and near-support zone. Lower Trail — a deeper overshoot zone, often forming major accumulation areas. An Upper Trail — the first resistance boundary. An Upper2 Trail — the extreme resistance level, marking potential exhaustion. The indicator adapts these levels dynamically using ATR calculations and smoothing filters (SMA or ZLEMA). It can be locked to specific higher timeframes (Daily, Weekly, Monthly, 2D, 3D) while still reacting smoothly to current intraday price movement. How to use it • Trend direction:  The slope of the Flow Line represents the active trend.  When it’s rising, market flow is bullish; when falling, bearish pressure dominates. • Support and resistance:  The Main and Lower Trails act as dynamic supports where price often bounces in an uptrend.  The Upper and Upper2 Trails mark zones where rallies typically slow down or reverse. • Entries and exits:  — Buy setups often appear when price approaches or slightly dips below the Main or Lower Trail during an uptrend.  — Take-profit zones align with touches of the Upper or Upper2 Trails.  — In sideways markets, repeated touches at both extremes often precede breakout volatility. • Volatility signals:  A wide channel means strong volatility — wait for stabilization or use smaller position sizes.  A narrow channel shows contraction — conditions are favorable for continuation trades after breakout. Practical tips • Combine Axel ATR Flow with oscillators such as RSI or Stoch RSI to confirm overbought or oversold conditions near outer bands. • On higher timeframes, the indicator reveals the breathing pattern of the market — periods of compression followed by expansion. • For spot trading or DCA strategies, entries near the Lower Trail during strong trends often provide excellent accumulation opportunities. • Works effectively across markets: crypto, forex, indices, and commodities. Summary Axel ATR Flow unites precise volatility analysis with smooth visual representation of market structure. It can be used as both a trend filter and an execution framework, identifying where price flow tends to stabilize or exhaust. Part of the Axel Alts system, this indicator was engineered for traders who value clarity, adaptability, and realism in market analysis.
Pine Script® indicator
by AxelAlts
ZEN MTF Price ProjectionZEN MTF Price Projection A lightweight, multi‑timeframe price projection that extends a ZigZag‑style path into the future. It chains six timeframes (1m → 5m → 15m → 1H → 4H → 1D) where each segment continues the previous one, creating a continuous forward path of arrows. The engine blends expected move and volatility to estimate the next leg for each TF. Calculations are proprietary and optimized for real‑time updates. Caution Treat the projection as a guide, not a guarantee. Avoid trading directly against higher‑TF segment direction. Key features MTF chained path: each TF continues the previous, producing a continuous forward “ZigZag‑style” projection. Real‑time or timed updates: redraws every bar (Realtime) or every N minutes. Visual arrows every N bars for readability; configurable segment length per TF. Resource‑safe rendering with automatic cleanup. Inputs (quick guide) Bars per timeframe: number of bars each TF projects forward. Arrow every N bars: density of arrows along each segment. Update mode: Realtime or Every N minutes (default 1). Colors: up/down palette for projected segments. Alerts and workflow tips Use Trading Panel alerts on color changes of the active segment (manual rule). Combine with your execution playbook (e.g., candle confirmation, volume burst, or LTF pullback). Best with liquid markets and regular sessions; widen SL on high‑volatility assets. What this indicator is not Not a crystal ball; it’s a probabilistic forward path based on proprietary MTF expectations and volatility scaling. Not a replacement for risk management or market context. Disclaimer For educational purposes only. Past performance is not indicative of future results. Trade at your own risk.
Pine Script® indicator
by Oleh_Oleskiv