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Breadth Indicators

Full Candle Size AnalyzerFull Candle Size Analyzer – Volatility-Based Candle Detector This script helps traders visually and programmatically detect large candles based on price range volatility. It calculates the candle size as High - Low, then compares it against the average size over a user-defined period. The result is a powerful, visual volatility filter that: ✅ Colors candles red when their size exceeds a set multiple of the average ✅ Highlights the background when candle size surpasses a more aggressive alert threshold ✅ Plots both the current candle size and the average size in a sub-pane (optional toggle) ✅ Offers a built-in alert condition to catch large moves programmatically 📌 How to Use: Choose your averaging period (e.g., 20 candles) Adjust thresholds: For visual coloring (e.g., 1.5× average) For alerts and background highlight (e.g., 2.0× average) Optionally toggle line plots to view candle size trends over time 📈 Trading Use Cases: Detect volatility breakouts Avoid entry during extreme candle ranges Spot exhaustion candles or fakeouts Filter false signals in ranging markets
Pine Script® indicator
by Anmolneb
Enhanced RSI Divergence StrategyCore Strategy Logic 1. Higher Timeframe (HTF) Context Purpose: Align with the dominant trend (e.g., "bullish made new highs"). Tools: Price action (breakouts, key support/resistance levels). Trend confirmation (e.g., 50EMA on 1H/4H charts). 2. Lower Timeframe (LTF) Entry Triggers Momentum Breakdown (Short Example): Signal: Price makes "high of the day" + reversal candlestick (e.g., bearish engulfing). Confirmation: RSI divergence or volume spike. Support Reversion (Long/Short): Signal: False breakout (e.g., "faked bullish breakout and reversed"). Confirmation: Wick rejection at HTF support/resistance. 3. Trade Execution Entry: On 5-minute close after trigger. Stop Loss (SL): Current: Fixed ticks (e.g., 7-13 pts) → Issue: Too tight for US100 volatility. Improved: 1.5x ATR(14) or beyond recent swing high/low. Take Profit (TP): Current: Fixed price levels (e.g., 21523). Improved: Tiered exits (50% at 1:1 RR, trail rest). 4. Position Sizing Fixed contracts (e.g., 10 per trade). Better Approach: Risk 1-2% of capital per trade (adjust size based on SL distance). Key Strengths HTF+LTF Alignment: Avoids counter-trend traps by trading in HTF direction. Flexibility: Adapts to momentum and mean-reversion setups. Journaling: Tracks emotions/mistakes (critical for improvement).
Pine Script® strategy
by mexyeso
EMA34/89/200 (Văn Nam)This indicator displays three widely-used Exponential Moving Averages (EMAs): 34, 89, and 200 periods. It is designed to help traders easily follow the market trend and spot potential momentum changes using EMA crossovers. Features: • Plots EMA34 (blue), EMA89 (green), and EMA200 (red) directly on your chart. • Highlights crossovers between EMA34 & EMA89 (purple/orange) and between EMA89 & EMA200 (green/red). • Includes built-in alert conditions for all crossover events. Developed by Văn Nam. Free to use and share. For feedback or collaboration, please contact me.
Pine Script® indicator
by levannam68
Simple EMA34/89/200 (by Lê Văn Nam)This simple indicator displays three key Exponential Moving Averages (EMA): EMA34, EMA89, and EMA200. It helps you identify trends and spot potential momentum shifts based on classic EMA crossovers. Features: - Plots EMA34 (blue), EMA89 (green), and EMA200 (red) on the chart. - Marks EMA34 crossing above or below EMA89 (purple/orange cross). - Marks EMA89 crossing above or below EMA200 (green/red cross). - Built-in alert conditions for all cross events. Developed by Lê Văn Nam. Feel free to use and share. For suggestions or feedback, please contact me.
Pine Script® indicator
by levannam68
Multi-Tool Indicator v6This is a versatile technical analysis tool designed to help traders quickly assess market trends and momentum. It combines a customizable Moving Average (MA) with Relative Strength Index (RSI) signals to highlight key market conditions directly on the chart. 🔧 Key Features: Configurable Moving Average (MA): Supports SMA (Simple Moving Average) and EMA (Exponential Moving Average). User-defined length to match your strategy. Plotted directly on the price chart for trend tracking. RSI-Based Signal Detection: Uses RSI to detect overbought (above 70) and oversold (below 30) conditions. Plots red/green triangle shapes above/below bars when these conditions occur. Background Highlighting: Changes chart background to red when overbought and green when oversold to improve visual clarity. Alerts for Key RSI Events: Alerts can be triggered when RSI enters overbought or oversold zones. Useful for automated strategy notifications. MA Value Labels: A label shows the current value of the MA near the most recent bar.
Pine Script® indicator
by Gold_Hunters_Club
High/Low of Previous 3 Days & Daily Open (Frame-Independent)High/Low of Previous 3 Days & Daily Open This indicator automatically plots: The highest high and lowest low of the previous 3 trading days (excluding today), Today’s daily open, And shows a clear “Buy chủ đạo” (Strong Buy) label if price closes above the 3D-High, Or a “Sell chủ đạo” (Strong Sell) label if price closes below the 3D-Low. Key advantages: Always calculates the true 3-day range on any timeframe (not just 3 bars), Instantly highlights breakout zones for strong trend trading, Simple, clean, and highly effective for both breakout and trend-following traders. Just add it to your chart and watch for strong moves whenever price breaks out of the recent 3-day range!
Pine Script® indicator
by levannam68
Pseudo Renko-Linie + TurtleTrader S&R (TradingFrog)📊 Pseudo Renko + TurtleTrader S&R Indicator - Complete Analysis 🎯 Overview: What is this Indicator? This Pine Script v6 indicator combines two powerful trading concepts: 🧱 Pseudo-Renko System - Filters market noise through artificial Renko blocks 🐢 TurtleTrader Support & Resistance - Identifies precise resistance lines and generates trading signals ⚠️ IMPORTANT: This is a PSEUDO-Renko System, not real Renko charts! The indicator simulates Renko logic on normal candlestick charts. 🧱 The Pseudo-Renko System in Detail What is Pseudo-Renko? Not a real Renko chart, but a simulation on normal candles Filters market noise through defined box sizes Generates clear trend signals without time factor Visualizes price movements in uniform blocks 🔧 Renko Block Functions: 📈 Upward Blocks: Kopieren if close >= renko + boxsize renko := renko + boxsize dir := 1 // Upward trend 📉 Downward Blocks: Kopieren if close <= renko - boxsize renko := renko - boxsize dir := -1 // Downward trend 🎨 Visual Representation: Green Blocks = Upward movement Red Blocks = Downward movement Dynamic Renko Line = Current trend level Configurable transparency and borders 🐢 TurtleTrader Support & Resistance System What are Turtle Lines? The TurtleTrader method uses separate Renko logic to calculate: Support Lines (support levels) Resistance Lines (resistance levels) 🔍 Separate Renko Calculation for S&R: // SEPARATE Turtle-Renko with own box size turtle_boxsize = 15 // Independent from main Renko size 📊 Dual-Level System: 🔴 Major Support & Resistance: Calculation: Highest/Lowest values of last 20 Renko blocks Usage: Main resistance lines for larger movements Color: Red (resistance) / Green (support) 🟡 Minor Support & Resistance: Calculation: Highest/Lowest values of last 10 Renko blocks Usage: Short-term resistance lines Color: Orange (resistance) / Blue (support) 🚨 Signal Generation System 💥 Breakout Signals: 📈 Resistance Breakout: resistanceBreakout = close > prev_resistance_major and close <= prev_resistance_major Trigger: Price breaks through resistance line upward Signal: "BREAKOUT RESISTANCE ↗" Color: Lime/Green 📉 Support Breakdown: supportBreakout = close < prev_support_major and close >= prev_support_major Trigger: Price breaks through support line downward Signal: "BREAKDOWN SUPPORT ↘" Color: Red 👆 Touch Signals: Resistance Touch: Price approaches resistance Support Touch: Price approaches support Tolerance: Configurable zone around S&R lines 🎯 Intelligent Filtering: if use_renko_filter resistanceBreakout := resistanceBreakout and dir == 1 supportBreakout := supportBreakout and dir == -1 Only signals in Renko trend direction are displayed! 🌈 S&R Zone System What are S&R Zones? Areas around resistance lines instead of just exact lines Realistic representation of support/resistance Configurable width (% of box size) 🎨 Zone Visualization: Major Zones: Thicker, less transparent areas Minor Zones: Thinner, more transparent areas Color Coding: Red/Green for Major, Orange/Blue for Minor 📊 Live Dashboard Features 📈 Real-time Market Data: // Distance to resistance rDistance = ((resistance_major - close) / close) * 100 // Distance to support sDistance = ((close - support_major) / close) * 100 🎯 Dashboard Contents: Major Resistance/Support Values Percentage distances to S&R lines Turtle Box Size (currently used) S&R Periods (Entry/Exit) Current Renko Trend (Up/Down/Neutral) Breakout Statistics (Total count) 🚨 Warning System: Orange coloring when distance <1% to S&R lines Trend display with arrows and colors ⚙️ Configuration Options 🧱 Renko Settings: Box Size: 10 (default for main Renko) Maximum Blocks: 1000 Colors: Up/Down configurable Transparency: Individually adjustable 🐢 Turtle Parameters: Separate Box Size: 15 (for S&R calculation) Entry Period: 20 (Major S&R) Exit Period: 10 (Minor S&R) 🎨 Visual Customizations: Line Colors: All elements individually Line Widths: 1-10 pixels Line Styles: Solid/Dashed/Dotted Transparency: 0-100% for all elements 🎯 Practical Application 📈 Long Signals: Renko Trend: Upward (green blocks) Signal: "BREAKOUT RESISTANCE ↗" Confirmation: Price above Major Resistance 📉 Short Signals: Renko Trend: Downward (red blocks) Signal: "BREAKDOWN SUPPORT ↘" Confirmation: Price below Major Support ⚠️ Caution Signals: Touch Labels: Price approaches S&R Orange Distances: <1% to important levels Trend Change: Renko direction changes 🔥 Unique Strengths 💡 Dual-Renko System: Main Renko: For trend and visualization Turtle Renko: For precise S&R calculation Independent box sizes for optimal adaptation 🎯 Precise Signals: Trend-filtered breakouts Touch detection before breakouts Statistical evaluation 📊 Professional Appearance: Fully customizable Clear dashboard Consistent color coding 🚀 Key Features Summary 🧱 Pseudo-Renko Core: Simulates Renko logic on candlestick charts Noise filtering through box-based price movements Visual blocks showing trend direction Dynamic trend line following Renko levels 🐢 TurtleTrader S&R Engine: Separate calculation logic for support/resistance Dual timeframe approach (Major/Minor levels) Automatic level updates based on Renko blocks Zone-based analysis instead of exact lines 🚨 Advanced Signal System: Breakout detection with trend confirmation Touch alerts for early warnings Statistical tracking of all signals Intelligent filtering to reduce false signals 📊 Professional Dashboard: Real-time market metrics Distance calculations to key levels Trend status with visual indicators Customizable positioning and styling 🎯 Trading Strategy Integration 📈 Entry Strategies: Breakout Trading: Wait for Renko trend confirmation Look for breakout signal above/below S&R Enter on signal with appropriate risk management Use opposite S&R as profit target Reversal Trading: Watch for touch signals at S&R levels Confirm with Renko trend change Enter on trend reversal confirmation Use tight stops below/above S&R zones 📉 Risk Management: S&R zones provide natural stop levels Distance indicators help with position sizing Trend confirmation reduces false entries Statistical tracking improves strategy refinement 🔧 Technical Implementation 🧮 Calculation Engine: Kopieren // Dual Renko systems running in parallel var float renko = na // Main visualization var float turtle_renko = na // S&R calculation // Independent box sizes boxsize = 10 // Visual Renko turtle_boxsize = 15 // S&R Renko 📊 Data Management: Array-based storage for historical S&R levels Dynamic memory management to prevent overflow Efficient calculation updates only on Renko changes Real-time plotting with optimized performance 🎨 Rendering System: Box objects for visual Renko blocks Plot functions for S&R lines and zones Label system for signals and touches Table widget for dashboard display 🚀 Conclusion This indicator represents advanced trading technology that: ✅ Implements Pseudo-Renko logic for noise filtering ✅ Uses TurtleTrader methodology for precise S&R lines ✅ Generates intelligent signals with trend filtering ✅ Offers complete customization for any trading style ✅ Provides professional visualization with live dashboard ✅ Combines multiple timeframes in one coherent system ✅ Delivers actionable insights for both breakout and reversal trading This is trading technology at its finest! 🎯💪 The combination of Pseudo-Renko trend filtering with TurtleTrader S&R methodology creates a powerful tool that helps traders: Identify high-probability setups Filter out market noise Time entries and exits precisely Manage risk effectively Track performance systematically Perfect for both novice and professional traders! 📈🚀
Pine Script® indicator
by micha-zander
NTL SCALP v2 with TP & SL (Absolute)NTL SCALP v2 with TP & SL (Absolute) – Scalping Trend System Timeframe Example: 15-minute (XAUUSD) Indicator Type: Combined trend-following and momentum-based scalping system 🔍 Purpose of This Indicator This script is designed as a unified tool for intraday scalpers, combining multiple essential components—trend detection, entry signal logic, and automated risk management—into one streamlined system. Rather than simply merging various indicators, it integrates them with a clear purpose: to generate trade setups with actionable entries and realistic TP/SL targets in trending markets. 📌 Core Components & How They Work Together Multi-Ribbon EMA Trend Filter Multiple Exponential Moving Averages (EMAs) are used to detect short-, medium-, and long-term trends. The EMA ribbons visually shift from red (bearish) to green (bullish) depending on the overall price structure. These ribbons not only indicate trend direction but also serve as dynamic support/resistance levels. Momentum-Based Entry Signals Buy and sell signals are triggered when price momentum aligns with the trend (e.g., bullish breakout above EMAs with supporting candle structure). The system ensures that trades are only taken in the direction of the prevailing trend, reducing the likelihood of false signals. Auto-Generated Entry, TP & SL Levels Once a valid setup is detected, the script plots the entry price, stop-loss (SL), and up to four take-profit (TP1–TP4) targets. These levels are based on recent volatility and trend strength, allowing traders to manage risk and reward efficiently. Labels such as “TP1 HIT” or “SL HIT” are displayed on the chart to show trade progress in real-time. ✅ How to Use This Indicator Designed for scalping and short-term trend trading during high-volume market sessions (e.g., London/New York). Ideal for traders who prefer clear rules for entry, exit, and risk management. Can be used standalone, but works even better with confirmation from price action or volume-based tools. 🛑 Note To ensure effective performance, avoid using this tool in ranging or low-volatility markets. It is optimized for trending environments. ⚠️ Disclaimer This script is intended for educational purposes and does not constitute financial advice. Always conduct your own analysis and apply risk management when trading.
Pine Script® indicator
by Alexfx09631
AMOGH SMC 1Smart Money Concept (SMC) Indicator market structure ke powerful elements jaise Break of Structure (BOS), Change of Character (CHoCH), liquidity zones, aur Fair Value Gaps (FVG) ko identify karta hai. Is indicator ka purpose hai institutional price movements ko track karna—jahaan large players apna entry ya exit plan karte hain. Traditional indicators ke mukable SMC ek zyada refined aur logic-driven approach deta hai jisme market ka intent samajhna asaan hota hai. Ye tool traders ko trending aur consolidating market conditions me structure-based signals provide karta hai, jisse trade execution aur risk management aur effective ho jata hai. FVGs un zones ko highlight karte hain jahan price imbalance hota hai, aur CHoCH/BOS se market ka directional bias confirm hota hai. Jo traders price action aur institutional footprint pe kaam karte hain, unke liye ye indicator ek must-have resource hai. Iska design clean, customizable aur real-time plotting ke saath optimized hai.
Pine Script® indicator
by avichalamogh
Alım Algoritması (EMA + RSI + MACD + ATR + Pozisyon Takibi)//@version=5 indicator("Alım Algoritması (EMA + RSI + MACD + ATR + Pozisyon Takibi)", overlay=true) // === INPUTS === ema1_len = input.int(21, title="EMA 1") ema2_len = input.int(50, title="EMA 2") ema3_len = input.int(100, title="EMA 3") rsi_len = input.int(14, title="RSI Length") atr_len = input.int(14, title="ATR Length") macd_fast = input.int(12, title="MACD Fast") macd_slow = input.int(26, title="MACD Slow") macd_signal = input.int(9, title="MACD Signal") max_distance_pct = input.float(5.0, title="Max EMA Distance %", step=0.1) // === CALCULATIONS === ema1 = ta.ema(close, ema1_len) ema2 = ta.ema(close, ema2_len) ema3 = ta.ema(close, ema3_len) avg_ema = (ema1 + ema2 + ema3) / 3 distance_pct = math.abs(close - avg_ema) / avg_ema * 100 ema_near = distance_pct <= max_distance_pct basis = ta.sma(close, 20) dev = ta.stdev(close, 20) upper = basis + 2 * dev lower = basis - 2 * dev width = (upper - lower) / basis is_range = width < 0.12 // %5'ten dar bant rsi = ta.rsi(close, rsi_len) rsi_trend = ta.sma(rsi, 5) rsi_up = rsi > rsi_trend = ta.macd(close, macd_fast, macd_slow, macd_signal) ema1_cross = ta.crossover(close, ema1) or ta.crossover(close, ema2) or ta.crossover(close, ema3) ema_recent_cross = ta.barssince(ema1_cross) < 5 // === BUY SIGNAL === //buy_signal = ema_near and ema_recent_cross and // macdLine > signalLine and hist > 0 and // rsi > 45 and rsi < 65 and rsi_up buy_signal = not is_range and ema_near and ema_recent_cross and macdLine > signalLine and hist > 0 and rsi > 45 and rsi < 65 and rsi_up //buy_signal = not is_range and ema_near and ema_recent_cross and // macdLine > signalLine and hist > 0 and // rsi > 45 and rsi < 65 and rsi_up // === POSITION LOGIC === var bool in_position = false var float entry_price = na var float stop_loss = na var float take_profit_1 = na var float take_profit_2 = na atr = ta.atr(atr_len) // Koşullar new_buy = buy_signal and not in_position // SL ve TP seviyeleri hesaplama new_sl = close - 1.5 * atr new_tp1 = close + 2.0 * atr new_tp2 = close + 3.5 * atr // Pozisyon açma if new_buy in_position := true entry_price := close stop_loss := new_sl take_profit_1 := new_tp1 take_profit_2 := new_tp2 label.new(bar_index, low, "BUY", style=label.style_label_up, color=color.green, textcolor=color.white) sl_hit = in_position and low <= stop_loss tp1_hit = in_position and high >= take_profit_1 tp2_hit = in_position and high >= take_profit_2 // Pozisyon kapama sinyali if sl_hit in_position := false //label.new(bar_index, low, "SL", style=label.style_label_down, color=color.red, textcolor=color.white) if tp2_hit in_position := false //label.new(bar_index, high, "TP2", style=label.style_label_down, color=color.rgb(209, 34, 222), textcolor=color.white) else if tp1_hit in_position := false //label.new(bar_index, high, "TP1", style=label.style_label_down, color=color.rgb(209, 34, 222), textcolor=color.white) // === PLOT === // Sadece BUY, SL ve TP seviyeleri çizilir plot(in_position ? stop_loss : na, title="Stop Loss", color=color.red, style=plot.style_linebr) //plot(in_position ? take_profit_1 : na, title="TP1", color=color.rgb(209, 34, 222), style=plot.style_linebr) //plot(in_position ? take_profit_2 : na, title="TP2", color=color.rgb(209, 34, 222), style=plot.style_linebr)
Pine Script® indicator
by fuatcakir9
Renko MACD v2.0 (TradingFrog)Renko MACD (TradingFrog) – Professional Description with Code Explanations Description: The Renko MACD v2.0 (TradingFrog) merges the clarity of Renko charting with the power of the MACD indicator. This script SIMULATES RENKO BRICKS using price movement within any timeframe and calculates the MACD on these pseudo-Renko closes, resulting in clearer, noise-reduced trend signals. Key Features & Code Insights 1. Pseudo-Renko Brick Calculation price_diff = src - renko_close abs_diff = math.abs(price_diff) bricks_needed = math.floor(abs_diff / box_size) Explanation: This section computes how far the current price (src) has moved from the last Renko close. If the movement exceeds the predefined brick size, one or more new bricks will be created. This logic helps simulate Renko charts on any timeframe. 2. Brick Update Logic if bricks_needed >= 1 direction = price_diff > 0 ? 1 : -1 brick_movement = direction * bricks_needed * box_size new_renko_close = renko_close + brick_movement renko_open := renko_close renko_close := new_renko_close renko_trend := direction Explanation: When the price moves enough to warrant at least one new brick, the script determines the direction (up or down), calculates the new Renko close, and updates all relevant Renko variables. This enables the indicator to track trend changes and reversals. 3. MACD Calculation on Renko Data renko_macd = ta.ema(renko_close, fast_length) - ta.ema(renko_close, slow_length) renko_signal = ta.ema(renko_macd, signal_length) renko_histogram = renko_macd - renko_signal Explanation: Instead of using standard price closes, the MACD is calculated on the simulated Renko close prices. This reduces market noise and provides earlier, more reliable trend signals. 4. Alerts and Visual Markers macd_cross_up = ta.crossover(renko_macd, renko_signal) macd_cross_down = ta.crossunder(renko_macd, renko_signal) Explanation: These lines detect when the Renko MACD line crosses above or below its signal line. The script uses these events to trigger on-chart markers and TradingView alerts, making it easy to spot trading opportunities. 5. Debug & Display Table (Optional) table.cell(myTable, 0, 0, "Renko Close: " + str.tostring(renko_close)) table.cell(myTable, 1, 0, "MACD: " + str.tostring(renko_macd)) Explanation: An optional debug table displays real-time Renko and MACD values directly on the chart, supporting transparency and strategy development. Advantages Noise Reduction: By using Renko logic, the indicator filters out insignificant price moves. Clarity: Trends and reversals become much easier to identify. Flexibility: Works on all markets and timeframes, with customizable brick size and MACD settings. Note: This indicator simulates Renko bricks within standard timeframe charts. While not identical to true Renko charts, it offers highly valuable trend and signal analysis for all types of traders. Recommended Usage: Best suited for traders seeking clear, reliable trend signals. Combine with other strategies for optimal results. Happy Trading!
Pine Script® indicator
by micha-zander
AI Score Indicator//@version=5 indicator("AI Score Indicator", overlay=true) // Eingaben length = input.int(14, title="RSI Length") smaLength = input.int(50, title="SMA Length") bbLength = input.int(20, title="Bollinger Band Length") stdDev = input.float(2.0, title="Standard Deviation") // Indikatoren rsi = ta.rsi(close, length) sma = ta.sma(close, smaLength) = ta.bb(close, bbLength, stdDev) // Scoring (simuliert ein KI-System mit gewichteten Bedingungen) score = 0 score := rsi < 30 ? score + 1 : score score := close < sma ? score + 1 : score score := close < bb_lower ? score + 1 : score score := ta.crossover(close, sma) ? score + 1 : score // Buy-/Sell-Signale auf Basis des Scores buySignal = score >= 3 sellSignal = rsi > 70 and close > sma // Signale anzeigen plotshape(buySignal, title="Buy", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY") plotshape(sellSignal, title="Sell", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL") // Score visualisieren (debugging) plot(score, title="AI Score", color=color.orange)
Pine Script® indicator
by firaslazgen