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Bands and Channels

Dynamic Flow Ribbons [BigBeluga]🔵 OVERVIEW A dynamic multi-band trend visualization system that adapts to market volatility and reveals trend momentum with layered ribbon channels. Dynamic Flow Ribbons transforms price action into flowing trend bands that expand and contract with volatility. It not only shows the active directional bias but also visualizes how strong or weak the trend is through layered ribbons, making it easier to assess trend quality and structure. 🔵 CONCEPTS Uses an adaptive trend detection system built on a volatility envelope derived from an EMA of the average price (HLC3). Measures volatility using a long-period average of the high-low range, which scales the envelope width dynamically. Trend direction flips when the average price crosses above or below these envelopes. Ribbons form around the trend line to show how far price is stretching or compressing relative to the mean. 🔵 FEATURES Volatility-Based Trend Line: A thick, color-coded line tracks the current trend with smoother transitions between phases. Multi-Layered Flow Ribbons: Up to 10 bands (5 above and 5 below) radiate outward from the upper and lower envelopes, reflecting volatility strength and direction. Trend Coloring & Transitions: Ribbons and candles are dynamically colored based on trend direction— green for bullish , orange for bearish . Transparency fades with distance from the core trend band. Real-Time Responsiveness: Ribbon structure and trend shifts update in real time, adapting instantly to fast market changes. 🔵 HOW TO USE Use the color and thickness of the core trend line to follow directional bias. When ribbons widen symmetrically, it signals strong trend momentum . Narrowing or overlapping ribbons can suggest consolidation or transition zones . Combine with breakout systems or volume tools to confirm impulsive or corrective phases . Adjust the “Length” (factor) input to tune sensitivity—higher values smooth trends more. 🔵 CONCLUSION Dynamic Flow Ribbons offers a sleek and insightful view into trend strength and structure. By visualizing volatility expansion with directional flow, it becomes a powerful overlay for momentum traders, swing strategists, and trend followers who want to stay ahead of evolving market flows
Pine Script® indicator
by BigBeluga
1
MohdTZ - SUPER indicatorInspired by my mentor Paradise, I've developed a custom indicator that combines five powerful tools into one. This is especially designed for users who are using the free TradingView plan and are limited to a single indicator. With this all-in-one solution, you no longer have to compromise. The combined indicator includes: Paradise Money Noodle EMA 200 EMA 13 SuperTrend Indicator Watermark Labeling This setup brings clarity, efficiency, and power—all within a single script.
Pine Script® indicator
by mohdtz
Inside/Multiple Inside Bars Detector by Yasser R.01Multiple Inside Bars Trading System Detects multiple inside bar patterns with visual alerts, breakout signals, and risk management levels (1:2 RR ratio). Identifies high-probability trading setups. This indicator scans for consecutive inside bar patterns (2+ bars forming within a 'mother bar'), which often precede strong breakouts. When detected, it: 1. Draws clear reference lines showing the mother bar's high/low 2. Alerts when price breaks either level 3. Automatically calculates 1:2 risk-reward stop loss and take profit levels 4. Displays entry points with trade details Ideal for swing traders, the system helps identify consolidation periods before potential trend continuations. Works best on 4H/Daily timeframes. #InsideBars #BreakoutTrading #RiskManagement #SwingTrading #PriceAction Professional-grade inside bar detector that: ✅ Identifies single AND multiple inside bar setups ✅ Provides clean visual references (lines/labels) ✅ Generates breakout signals with calculated RR levels ✅ Self-cleaning - removes old setups automatically Use alongside trend analysis for best results. Customizable in Settings.
Pine Script® indicator
by YWMAAAWorld
1
GoatsMACDThis is a multi-layered trend scalping tool that combines MACD cross signals with dynamic trend filters including Bollinger Bands, EMA clouds, and VWAP for clearer trend identification and trade timing. 🔍 Features: MACD Cross Dots: Tiny dots mark MACD bullish and bearish crossovers directly on the oscillator pane. Customizable MACD Settings: Toggle between EMA or SMA calculation for MACD, with adjustable fast/slow lengths and signal smoothing. Bollinger Bands Overlay: Optional 420-period BB with 0.5 standard deviation for mean reversion and volatility compression. Triple EMA Clouds: Cloud 1: EMA 21 vs 55 Cloud 2: EMA 89 vs 120 Cloud 3: EMA 200 vs 240 Each cloud changes color based on bullish/bearish EMA relationships to confirm trend strength and direction. VWAP Support: Plots a session-based VWAP as an additional dynamic support/resistance zone. Alerts Included: Receive alerts on bullish or bearish MACD crossovers. 🧠 How to Use: Use MACD dots to spot early trend shifts. Confirm direction with the EMA clouds: trade only in alignment with cloud direction. Use Bollinger Bands and VWAP for entries near key zones. Ideal for scalping, trend following, or confirmation on multi-timeframe setups. ⚙️ Customizable Inputs: Full control over MACD lengths and moving average type Adjustable BB settings Modify each EMA pair independently for all clouds
Pine Script® indicator
by goat-farm
亚欧美盘开关及交接时段标记 - plotshape版📌 English Description: This script highlights the opening and closing times of the Asian, European, and US trading sessions on your chart, helping traders understand global session dynamics and volatility shifts in a visual and intuitive way. 💡 Applicable Instruments: Gold (XAUUSD) and Major Forex Pairs (e.g., EURUSD, GBPUSD, USDJPY, etc.) 💡 Best for: Price Action, Session-based strategies, Breakout trades Time zone used: Asia/Shanghai (GMT+8) Asia Session: 08:00 - 15:00 (typically range-bound) European Session: 15:00 - 19:00 (London volatility begins) US Session: 20:00 - 00:00 (New York session, often the major trend period) Gray background marks the 19:00 - 20:00 transition phase between EU and US sessions, often a quiet or pivotal moment Perfect for short- to medium-term traders who rely on understanding session-based price behaviors—especially effective for gold and major forex pairs. 📌 中文描述： 本脚本用于在图表中标记亚盘、欧盘、美盘的开盘与收盘时间点，以直观的方式帮助交易者识别全球主要交易时段的节奏与波动特征。 💡 适用品种：黄金（XAUUSD）及主流外汇（如EURUSD、GBPUSD、USDJPY等） 💡 适用策略：价格行为（Price Action）、时段波动捕捉、趋势突破等 使用**北京时间（Asia/Shanghai）**识别时段 亚盘时间：08:00 - 15:00（通常为震荡行情） 欧盘时间：15:00 - 19:00（伦敦时段，波动增强） 美盘时间：20:00 - 00:00（纽约时段，主趋势时段） 灰色背景提示：19:00 - 20:00 为欧美盘交接期，是重要的波动衰减与等待爆发阶段 适合关注全球交易时段切换规律的中短线交易者，特别对黄金与外汇价格行为策略有重要参考意义。
Pine Script® indicator
by NanqiaoPriceAction
Inside/Multiple Inside Bars Detector by Yasser R.01Multiple Inside Bars Trading System Detects multiple inside bar patterns with visual alerts, breakout signals, and risk management levels (1:2 RR ratio). Identifies high-probability trading setups. This indicator scans for consecutive inside bar patterns (2+ bars forming within a 'mother bar'), which often precede strong breakouts. When detected, it: 1. Draws clear reference lines showing the mother bar's high/low 2. Alerts when price breaks either level 3. Automatically calculates 1:2 risk-reward stop loss and take profit levels 4. Displays entry points with trade details Ideal for swing traders, the system helps identify consolidation periods before potential trend continuations. Works best on 4H/Daily timeframes. #InsideBars #BreakoutTrading #RiskManagement #SwingTrading #PriceAction Professional-grade inside bar detector that: ✅ Identifies single AND multiple inside bar setups ✅ Provides clean visual references (lines/labels) ✅ Generates breakout signals with calculated RR levels ✅ Self-cleaning - removes old setups automatically Use alongside trend analysis for best results. Customizable in Settings.
Pine Script® indicator
by YWMAAAWorld
KEY MARKET SESSION EU/US RANGE LEVELS - KLT🔹 KEY MARKET SESSION EU/US RANGE LEVELS - KLT This indicator highlights critical trading levels during the European and U.S. sessions, with Overbought (OB) and Oversold (OS) markers derived from each session's price range. It’s designed to support traders in identifying key zones of interest and historical price reactions across sessions. ✳️ Features 🕒 Session Recognition European Session (EU): 08:00 to 14:00 UTC United States Session (US): 14:30 to 21:00 UTC The indicator automatically detects the current session and updates levels in real time. 📈 Overbought / Oversold (OB/OS) Levels Helps identify potential reversal or reaction zones. 🔁 Previous Session OB/OS Crosses OB/OS levels from the previous session are plotted as white crosses during the opposite session: EU OB/OS shown during the US session US OB/OS shown during the EU session These levels act as potential price targets or reaction areas based on prior session behavior. 🎨 Session-Based Color Coding EU Session High/Low: Orange / Fuchsia OB/OS: Orange / Lime Previous OB/OS: White crosses during the US session US Session High/Low: Aqua / Teal OB/OS: Aqua / Lime Previous OB/OS: White crosses during the EU session 🧠 How to Use Use the OB/OS levels to gauge potential turning points or extended moves. Watch for previous session crosses to spot historically relevant zones that may attract price. Monitor extended High/Low lines as potential magnets for price continuation. 🛠 Additional Notes No repainting; levels are session-locked and tracked in real time. Optimized for intraday strategies, scalping, and session-based planning. Works best on assets with clear session behavior (e.g., forex, indices, major commodities). ⚠️ Disclaimer This tool is intended for educational purposes. Always manage risk appropriately and use confluence with other analysis tools. 🔐 Copyright © KEY LEVELS TRADING
Pine Script® indicator
by KeyLevelsTrading-KLT
Eliora Phase 4.2.2 – Precision Bloom Mode | DAX 5minPhase shifts and market cohesion using math. Sure! Let’s break down the **simple trading bot concept** for **TradingView** step by step, focusing on the logic, purpose, and key elements of the strategy. This bot uses a **trend-following strategy** combined with **risk management** to automate trades based on moving averages and the RSI indicator. --- ### **Trading Bot Concept:** #### **Objective:** The primary objective of this bot is to **identify trends** and **execute buy and sell orders** based on those trends, while also ensuring **risk management** through stop-loss and take-profit levels. The bot uses two **core indicators**: * **Exponential Moving Averages (EMAs)**: To identify the trend direction. * **Relative Strength Index (RSI)**: To filter out overbought and oversold conditions, helping avoid entering trades during extreme market conditions. --- ### **Key Components:** #### 1. **Exponential Moving Averages (EMA)** * **50-period EMA** (Short-Term Trend): Tracks the price's movement in the recent past, offering more weight to recent prices. This helps the bot react quicker to short-term market shifts. * **200-period EMA** (Long-Term Trend): Represents the broader market trend, helping the bot assess the overall market direction. **Buy Signal**: * A buy signal is triggered when the **50-period EMA crosses above** the **200-period EMA** (a **bullish crossover**), suggesting that the market is entering an uptrend. **Sell Signal**: * A sell signal is triggered when the **50-period EMA crosses below** the **200-period EMA** (a **bearish crossover**), indicating that the market might be reversing into a downtrend. #### 2. **Relative Strength Index (RSI)** * **RSI** is a momentum oscillator that measures the speed and change of price movements, indicating whether an asset is overbought or oversold. * **Buy Condition**: The bot only takes buy trades if the **RSI is above 30**. This ensures that the market isn't in an **oversold** condition, which could indicate a potential reversal. * **Sell Condition**: The bot will only take sell actions if the **RSI is below 70**, avoiding trades during **overbought** conditions where prices might be excessively high. --- ### **How the Bot Works:** 1. **Buy Signal Conditions:** * The **50-period EMA** crosses **above** the **200-period EMA** (bullish crossover), indicating the potential start of an uptrend. * The **RSI is above 30**, ensuring that the market isn’t oversold and a reversal isn’t imminent. * If both of these conditions are true, the bot will **enter a long (buy) position**. 2. **Sell Signal Conditions:** * The **50-period EMA** crosses **below** the **200-period EMA** (bearish crossover), signaling that the market might be transitioning into a downtrend. * The **RSI is below 70**, meaning the market isn’t in an overbought state and the sell-off is not due to excessive bullish momentum. * If both of these conditions are met, the bot will **exit** any long position (i.e., sell). --- ### **Risk Management:** To protect against significant losses, the bot includes two essential features of **risk management**: 1. **Stop-Loss**: * The bot will automatically **exit the trade if the price moves against it by 2%** (or another user-defined percentage). This minimizes potential losses in case the market moves unfavorably after entry. 2. **Take-Profit**: * The bot will automatically **exit the trade once it reaches a profit of 5%** (or another user-defined percentage). This locks in profits if the market moves favorably. --- ### **Script Breakdown:** Here’s the **key flow** of the Pine Script: 1. **Define Parameters**: The script begins by defining input values for the **EMA periods** and **RSI length**. It also defines the **RSI overbought (70)** and **RSI oversold (30)** levels. 2. **Calculate the EMAs and RSI**: * The 50-period and 200-period **EMAs** are calculated using the `ta.ema()` function. * The **RSI** is calculated using `ta.rsi()`, and it helps determine if the asset is overbought or oversold. 3. **Trading Conditions**: * A buy signal is generated when the **short-term EMA crosses above** the **long-term EMA** and the RSI is **above 30**. * A sell signal is triggered when the **short-term EMA crosses below** the **long-term EMA** and the RSI is **below 70**. 4. **Strategy Execution**: * When the buy condition is met, the bot **enters a long position** using `strategy.entry()`. * When the sell condition is met, the bot **closes the position** using `strategy.close()`. 5. **Risk Management**: * The `strategy.exit()` function is used to set **stop-loss** and **take-profit** values. If the price moves **2% against** the trade, the bot will exit. If it moves **5% in favor**, it will lock in profits. --- ### **Visual Elements**: 1. **EMAs**: * The **50-period EMA** is plotted in **green**. * The **200-period EMA** is plotted in **red**. 2. **RSI**: * The **RSI line** is plotted in **blue** on a separate pane below the main chart. * Horizontal lines mark the **overbought** (70) and **oversold** (30) levels, helping visualize potential reversal zones. 3. **Buy and Sell Signals**: * When the bot triggers a buy, a **green arrow** appears on the chart. * When it triggers a sell, a **red arrow** appears on the chart. --- ### **How to Use the Bot on TradingView:** 1. **Go to TradingView** and open a chart of the asset you want to trade. 2. **Click on the "Pine Editor"** tab at the bottom. 3. **Paste the script** provided into the editor. 4. **Click "Add to Chart"** to see the strategy in action. 5. The bot will begin executing trades based on the logic described and display buy/sell signals directly on the chart. --- ### **Advantages of This Strategy**: * **Trend-Following**: This bot is based on the classic moving average crossover strategy, which is effective in trending markets. * **Simple and Clear**: The logic is easy to follow and understand, making it beginner-friendly. * **Built-in Risk Management**: The stop-loss and take-profit functionality ensures that the bot limits potential losses and locks in profits automatically. * **Customizable**: You can easily tweak the parameters (e.g., EMA periods, RSI levels, stop-loss, take-profit) to fit different timeframes or market conditions. --- ### **Limitations**: * **Sideways Markets**: The bot might struggle in flat or sideways markets because moving average crossovers can produce false signals. * **No Advanced Features**: It doesn’t incorporate more advanced strategies like **momentum indicators**, **news sentiment**, or **machine learning models** for decision-making. --- ### **In Conclusion:** This is a **basic but effective trend-following trading bot** that you can deploy on TradingView with minimal effort. It provides a great foundation for traders who want to automate a simple strategy with **risk management**, while offering plenty of room for customization and improvement. Let me know if you want to explore more complex features or strategies, or if you need help tweaking the bot for specific assets or markets!
Pine Script® strategy
by Ashleysantiago98