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Bands and Channels

Market Structure Confluence [AlgoAlpha]OVERVIEW This script is called "Market Structure Confluence" and it combines classic market structure analysis with a dynamic volatility-based band system to detect shifts in trend and momentum more reliably. It tracks key swing points (higher highs, higher lows, lower highs, lower lows) to define the trend, then overlays a basis and ATR-smoothed volatility bands to catch rejection signals and highlight potential inflection points in the market. CONCEPTS Market structure is the foundation of price action trading, focusing on the relationship between successive highs and lows to understand trend conditions. Break of Structure (BOS) and Change of Character (CHoCH) events are important because they signal when a market might be shifting direction. This script enhances traditional structure by integrating volatility bands, which act like dynamic support/resistance zones based on ATR, allowing it to capture momentum surges and rejections beyond just structural shifts. FEATURES Swing Detection: It detects and labels Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL) based on user-defined time horizons, helping traders quickly spot the trend direction. BOS and CHoCH Lines: When a previous swing point is broken, the script automatically plots a Break of Structure (BOS) line. If the break represents a major trend reversal (a CHoCH), it is marked differently to separate simple breakouts from real trend changes. Rejection Signals: Special arrows plot when price pierces a band and then pulls back, suggesting a potential trap move or rejection signal in the direction of the new structure. Alerts: Built-in alerts for structure breaks, CHoCHs, swing points, rejections at bands, and trend flips make it easy to automate setups without manually watching the chart. USAGE Set your preferred swing detection size depending on your timeframe and trading style — smaller numbers for intraday, larger numbers for swing trading. Choose whether you want BOS/CHoCH confirmed by candle closes or by wick breaks. Use the volatility band settings to fine-tune how tightly or loosely the bands hug the price, adjusting sensitivity based on market conditions. When a BOS or CHoCH occurs, or when a rejection happens at the bands, the script will highlight it clearly and optionally trigger alerts. Watch for combinations where both structure breaks and volatility band rejections happen together — those are high-quality trade signals. This setup works best when used with basic trend filtering and higher timeframe confirmation.
Pine Script® indicator
by AlgoAlpha
6
Tradicators Pulse™ [v1]Tradicators Pulse™ Strategy: “AI Pulse Reversal” Goal: Catch reversals and trends using a smooth MA with adaptive bands and a confidence oscillator. Step-by-Step: How to Use ① Set the Context Timeframes: 5min, 15min, 1H (start with 15min) Watch: MA line color (blue = bullish, fuchsia = bearish) Pulse Bands (upper = overbought, lower = oversold) Yellow Oscillator for trend strength Step-by-Step: Mean Reversion (Bounce Trade) Wait for price to breach a band Candle closes outside upper band (overbought) or lower band (oversold) Check Pulse Oscillator It must curve up (long) or down (short) Entry Trigger Enter on next candle that closes back inside the bands Stop Loss Few pips outside band edge Take Profit TP1 = MA line (gray-blue/fuchsia) TP2 = Opposite band Step-by-Step: Trend Entry (Momentum Follow) Wait for MA color flip Blue = Uptrend → only long setups Fuchsia = Downtrend → only short setups Entry Trigger Price pulls back near MA Oscillator still supports trend direction Enter on bounce off MA Stop Loss Few pips below/above MA or last swing low/high Take Profit TP1 = Band in direction of trend TP2 = Use trailing SL or R:R 1:2 Avoid Trading When: MA is flat (no trend) Bands are too tight or choppy Oscillator gives conflicting signal
Pine Script® indicator
by tradicators
RSI mit Kauf- und VerkaufssignalenRSI calculation: The RSI is calculated over a period of 14 periods (default value). Buy signal (longSignal): A buy signal is generated when the RSI rises from below 30 above 30 (oversold area). Sell signal (short signal): A sell signal is generated when the RSI falls below 70 from above 70 (overbought area). Graphical representation: The buy and sell signals are displayed as symbols on the candles. The RSI is plotted at the bottom of the chart.
Pine Script® indicator
by Stranzki
Scalping Bollinger BreakoutThe Scalping Bollinger Breakout Indicator is designed for scalping and short-term trading. Key features: Bollinger Bands: Detects volatility-driven breakouts above/below upper/lower bands. MACD: Confirms bullish/bearish momentum for reliable signals. Heikin Ashi: Aligns trades with smoothed trend direction, reducing noise. Volume Filter: Ensures breakouts are supported by elevated volume. Non-Repainting: Uses closed-bar data for consistent, reliable signals. Visuals & Alerts: Displays buy/sell triangles and includes trading alerts. Ideal for fast-paced trading in volatile markets.
Pine Script® indicator
by Raisontgh
Moving Average Crossover by mashrur 🔵 How This Indicator Works: Short MA (9-period Simple Moving Average) Long MA (21-period Simple Moving Average) Signals: Buy when Short MA crosses above Long MA. Sell when Short MA crosses below Long MA. On the chart: Green up labels = Buy signals 🚀 Red down labels = Sell signals 🔻 ✍️ How to Take an Entry: Wait for a Signal Look for a green up label = Buy signal. Look for a red down label = Sell signal. Enter the Trade If Buy signal appears → Open a Buy (Long) trade. If Sell signal appears → Open a Sell (Short) trade. Set Stop Loss (SL) and Take Profit (TP) (important!) Stop Loss: For Buy, place SL below the recent swing low. For Sell, place SL above the recent swing high. Take Profit: You can use a Risk:Reward like 1:2 (risking 10 pips to make 20 pips). Or exit when the opposite signal comes (if another crossover happens). Optional: Add Confirmation You could add extra filters like: Only take Buys if the market is in an overall uptrend (higher highs, higher lows). Only take Sells in downtrends. 🧠 Important Tips: Don't enter late! → Try to enter right when the signal appears. Be careful during sideways (choppy) markets! → MA crossovers can give false signals when the market is flat. Use alerts → Your code already has alerts ready! Set them up on TradingView so you don't miss entries. 📈 Example (Visual): Imagine the chart shows: Price is going up. The blue (Short MA) crosses above the red (Long MA). A green label appears under the candle. 👉 You would enter a Buy right at that candle close. 👉 Stop Loss: just under the recent low. 👉 Take Profit: 2x your risk or at next resistance.
Pine Script® indicator
by syedachy
Anchored Bollinger Band Range [SS]This is the anchored Bollinger band indicator. What it does? The anchored BB indicator: Takes a user defined range and calculates the Standard Deviation of the entire selected range for the high and low values. Computes a moving average of the high and low during the selected period (which later becomes the breakout range average) Anchors to the last high and last low of the period range to add up to 4 standard deviations to the upside and downside, giving you 4 high and low targets. How can you use it? The anchored BB indicator has many applicable uses, including Identifying daily ranges based on premarket trading activity ( see below ): Finding breakout ranges for intraday pattern setups ( see below ): Identified pattern of interest: Applying Anchored BB: Identifying daily or pattern biases based on the position to the opening breakout range average (blue line). See the examples with explanations: ex#1: ex#2: The Opening Breakout Average As you saw in the examples above, the blue line represents the opening breakout range average. This is the average high of the period of interest and the average low of the period of interest. Price action above this line would be considered Bullish, and Bearish if below. This also acts as a retracement zone in non-trending markets. For example: Best Use Cases Identify breakout ranges for patterns on larger timeframes. For example This pattern on SPY, if we overlay the Anchored BB: You want to see it actually breakout from this range and hold to confirm a breakout. Failure to exceed the BB range, means that it is just ranging with no real breakout momentum. Identify conservative ranges for a specific period in time, for example QQQ: Worst Use Cases Using it as a hard and fast support and resistance indicator. This is not what it is for and ranges can be exceeded with momentum. The key is looking for whether ranges are exceeded (i.e. high momentum, thus breakout play) or they are not (thus low volume, rangy). Using it for longer term outlooks. This is not ideal for long term ranges, as with any Bollinger/standard deviation based approach, it is only responsive to CURRENT PA and cannot forecast FUTURE PA. User Inputs The indicator is really straight forward. There are 2 optional inputs and 1 required input. Period Selection: Required. Selects the period for the indicator to perform the analysis on. You just select it with your mouse on the chart. Visible MA: Optional. You can choose to have the breakout range moving average visible or not. Fills: Optional. You can choose to have the fills plotted or not. And that is the indicator! Very easy to use and hope you enjoy and find it helpful! As always, safe trades everyone! 🚀
Pine Script® indicator
by Steversteves
6
Scalping Strategy with Fixed CooldownThis is a sample scalping strategy is designed for short-term trading on lower timeframes. Entry Signals: Utilizes Hull Moving Average (HullMA) crossovers to generate buy and sell signals. Filters: -Bollinger Bands and RSI to avoid overbought or oversold conditions. -VWAP to confirm trend direction, ensuring trades align with momentum. Cooldown Mechanism: Implements a bar-based cooldown period to prevent immediate re-entries after trade closures, reducing the risk of overtrading.
Pine Script® strategy
by Raisontgh
Weekday Colors with Time Highlighting by NabojeetThis script is a Pine Script (version 6) indicator called "Weekday Colors with Time Highlighting" designed for TradingView charts. It has several key functions: 1. **Weekday Color Coding**: - Assigns different background colors to each trading day (Monday through Friday) - Allows users to customize the color for each day - Includes toggles to enable/disable colors for specific days 2. **Time Range Highlighting**: - Highlights a specific time period (e.g., 18:15-18:30) on every trading day - Uses a custom color that can be adjusted by the user - The time range is specified in HHMM-HHMM format 3. **High/Low Line Drawing**: - Automatically identifies the highest high and lowest low points within the specified time range - Draws horizontal lines at these levels when the time period ends - Lines extend forward in time to serve as support/resistance references - Users can customize the line color, width, and style (solid, dotted, or dashed) The script is organized into logical sections with input parameters grouped by function (Weekday Colors, Weekday Display, Time Highlighting, and Horizontal Lines). Each section's inputs are customizable through the indicator settings panel. This indicator would be particularly useful for traders who: - Want visual distinction between different trading days - Focus on specific time periods each day (like market opens, closes, or specific sessions) - Use intraday support/resistance levels from key time periods - Want to quickly identify session highs and lows The implementation resets tracking variables at the beginning of each new time range and draws the lines once the time period ends, ensuring accurate high/low marking for each day's specified time window. Author - Nabojeet
Pine Script® indicator
by disciplinetrader2022
Gaussian Channel StrategyGaussian Channel Strategy — User Guide 1. Concept This strategy builds trades around the Gaussian Channel. Based on Pine Script v4 indicator originally published by Donovan Wall. With rework to v6 Pine Script and adding entry and exit functions. The channel consists of three dynamic lines: Line Formula Purpose Filter (middle) N-pole Gaussian filter applied to price Market "equilibrium" High Band Filter + (Filtered TR × mult) Dynamic upper envelope Low Band Filter − (Filtered TR × mult) Dynamic lower envelope A position is opened when price crosses a user-selected line in a user-selected direction. When the smoothed True Range (Filtered TR) becomes negative, the raw bands can flip (High drops below Low). The strategy automatically reorders them so the upper band is always above the lower band. Visual colors still flip, but signals stay correct. 2. Entry Logic Choose a signal line for longs and/or shorts: Filter, Upper band, or Lower band. Choose a cross direction (Cross Up or Cross Down). A signal remains valid for Lookback bars after the actual cross, as long as price is still on the required side of the line. When the opposite signal appears, the current position is closed or reversed depending on Reverse on opposite. 3. Parameters Group Setting Meaning Source & Filter Source Price series used (close, hlc3, etc.) Poles (N) Number of Gaussian filter poles (1-9). More poles ⇒ smoother but laggier Sampling Period Main period length of the channel Filtered TR Multiplier Width of the bands in fractions of smoothed True Range Reduced Lag Mode Adds a lag-compensation term (faster but noisier) Fast Response Mode Blends 1-pole & N-pole outputs for quicker turns Signals Long → signal line / Short → signal line Which line generates signals Long when price / Short when price Direction of the cross Lookback bars for late entry Bars after the cross that still allow an entry Trading Enable LONG/SHORT-side trades Turn each side on/off On opposite signal: reverse True: reverse -- False: flat Misc Start trading date Ignores signals before this timestamp (back-test focus) 4. Quick Start Add the strategy to a chart. Default: hlc3, N = 4, Period = 144. Select your signal lines & directions. Example: trend trading – Long: Filter + Cross Up, Short: Filter + Cross Down. Disable either side if you want long-only or short-only. Tune Lookback (e.g. 3) to catch gaps and strong impulses. Run Strategy Tester, optimise period / multiplier / stops (add strategy.exit blocks if needed). When satisfied, connect alerts via TradingView webhooks or use the builtin broker panel. 5. Notes Commission & slippage are not preset – adjust them in Properties → Commission & Slippage. Works on any market and timeframe, but you should retune Sampling Period and Multiplier for each symbol. No stop-loss / take-profit is included by default – feel free to add with strategy.exit. Start trading date lets you back-test only recent history (e.g. last two years). 6. Disclaimer This script is for educational purposes only and does not constitute investment advice. Use entirely at your own risk. Back-test thoroughly and apply sound risk management before trading real capital.
Pine Script® strategy
by RezzoRedPriest