Get started

Customindicator

Dynamic EMA CrossoverThe Dynamic EMA Crossover indicator is designed to help traders identify trend transitions, visually understand market direction, and detect sideways consolidation zones. It simplifies decision-making by dynamically changing colors and highlighting areas of interest. Key Features: 1. Dynamic EMA Crossovers: • Uses two EMAs (default: 9 and 26 ) to identify bullish and bearish trends. • EMAs and the area between them turn green during bullish trends and red during bearish trends for easy visualization. 2. Sideways Market Detection: • Automatically detects periods of market consolidation when EMAs overlap for 10 consecutive candles and the price movement remains narrow. • Sideways zones are highlighted with grey background, helping traders avoid false breakouts and trendless markets. 3. Customizable Inputs: • Adjust the lengths of the two EMAs and the sensitivity of the overlap detection to match your trading style and market conditions. How It Works: • Trend Identification: • When the shorter EMA crosses above the longer EMA, a bullish trend is indicated. • When the shorter EMA crosses below the longer EMA, a bearish trend is indicated. • The indicator dynamically adjusts the colors of the EMAs and fills the area between them for clear trend visibility. • Sideways Market Detection: • When the shorter EMA and longer EMA stay close (within a customizable sensitivity) for a fixed period (hardcoded to 10 candles), the indicator identifies a sideways market. • This feature helps traders avoid entering trades during choppy or indecisive market conditions. Who Is This For? This indicator is ideal for: • Trend traders looking for clear signals of trend direction. • Swing traders who want to avoid trading in sideways markets. • Scalpers who need quick and reliable visual cues for short-term market behavior. Use Cases: 1. Bullish/Bearish Trends: • Enter trades in the direction of the trend as the crossover occurs and colors change. 2. Sideways Zones: • Avoid trades during periods of consolidation and wait for a clear breakout. Mashup Logic: This indicator combines: 1. EMA Crossovers: • A tried-and-tested method for trend detection using two moving averages. • Dynamic visual cues for bullish and bearish market phases. 2. Sideways Market Detection: • Innovative logic to highlight sideways zones based on EMA overlap and price range analysis. • Helps reduce noise and avoid trading during trendless periods. 3. Customization and Flexibility: • Fully adjustable EMA lengths and overlap sensitivity to adapt to different markets and trading styles.
Pine Script™ indicator
by TradeTechanalysis
Trendilo ARTrendilo AR is a custom trading indicator designed to identify market trends using advanced techniques such as the Arnaud Legoux Moving Average (ALMA), volume confirmations, and dynamic volatility bands. This indicator provides a clear visualization of trends, including significant changes and custom alerts. Review of Indicators Used 1. ALMA Description: ALMA is a moving average that applies an advanced filter to smooth price data, reducing noise and focusing on actual trends. Usage in the Indicator: Used to calculate the smoothed percentage price change and determine trend direction. Customizable parameters include: - Length: Defines the number of bars to consider. - Offset: Adjusts sensitivity toward recent prices. - Sigma: Controls the degree of smoothing. Advantages: - Reduced lag in trend detection. - Resistance to market noise. 2. ATR Description: ATR measures the market’s average volatility by considering the range between high and low prices over a given period. Usage in the Indicator: ATR is used to calculate "dynamic smoothing", adjusting the indicator’s sensitivity based on current market volatility. Advantages: - Adapts to high or low volatility conditions. - Helps define dynamic support and resistance levels. 3. SMA Description: SMA calculates the average of prices or volume over a specific time period. Usage in the Indicator: Used to calculate the volume moving average (Volume SMA) to confirm whether the current volume supports the detected trend. Advantages: - Easy to understand and calculate. - Provides volume-based trend confirmation. 4. RMS Bands Description: RMS Bands calculate the standard deviation of percentage price changes, creating upper and lower levels that act as overbought and oversold indicators. Usage in the Indicator: - Define the range within which the market is considered neutral. - Crosses above or below the bands indicate trend changes. Advantages: - Visual identification of strong trends. - Helps filter false signals. Colors and Visuals Used in the Indicator 1. ALMA Line Colors: - Green: Indicates a confirmed uptrend (with sufficient volume). - Red: Indicates a confirmed downtrend (with sufficient volume). - Gray: Indicates a neutral phase or insufficient volume to confirm a trend. 2. RMS Bands - Upper and Lower Lines: - Purple (with transparency): These lines represent the RMS bands (upper and lower) and adjust opacity based on trend strength. - Stronger trends result in less transparency (more solid colors). 3. Highlighted Background (Strong Trends) - Color: - Light Green (transparent): Highlights a strong trend when the smoothed percentage change (ALMA) exceeds 1.5 times the RMS. 4. Horizontal Lines - Baseline (0): - Dark Gray: Serves as a central reference to identify the directionality of percentage changes. - Additional Line (0.1): - Blue: A customizable line to mark user-defined key levels. 5. Bar Colors - Bar Colors: - Green: When the price is in a confirmed uptrend. - Red: When the price is in a confirmed downtrend. - No color: When there is insufficient volume or no clear trend. How to Use the Indicator 1. Initial Setup 1. Add the Indicator to Your Chart: Copy the code into the Pine Editor on TradingView and apply it to your chart. 2. Customize Parameters: Adjust values based on your trading strategy: - Smoothing: Controls the level of smoothing for percentage changes. - Lookback Length: Defines the observation period for calculations. - Band Multiplier: Adjusts the width of RMS bands. 2. Signal Interpretation 1. Indicator Colors: - Green: Confirmed uptrend. - Red: Confirmed downtrend. - Gray: No clear trend or insufficient volume. 2. RMS Bands: - If the ALMA line (smoothed percentage change) crosses above the upper RMS band, it signals a potential uptrend. - If it crosses below the lower RMS band, it signals a potential downtrend. 3. Volume Confirmation: - The indicator's color activates only if the current volume exceeds the Volume SMA. 3. Alerts and Decisions 1. Trend Change Alerts: - The indicator automatically triggers alerts when an uptrend or downtrend is detected. - Configure these alerts to receive real-time notifications. 2. Strong Trend Signals: - When the magnitude of the percentage change exceeds 1.5 times the RMS, the chart background highlights the strong trend. 4. Trading Strategies 1. Buy: - Enter long positions when: - The indicator turns green. - Volume confirms the trend. - Consider placing a stop-loss just below the lower RMS band. 2. Sell: - Enter short positions when: - The indicator turns red. - Volume confirms the trend. - Consider placing a stop-loss just above the upper RMS band. 3. Neutral: - Avoid trading when the indicator is gray, as no clear trend or insufficient volume is present. Disclaimer: As this is my first published indicator, please use it with caution. Feedback is highly appreciated to improve its performance. Happy Trading!
Pine Script™ indicator
by galvaroe
Momentum Cloud.V33🌟 Introducing MomentumCloud.V33 🌟 MomentumCloud.V33 is a cutting-edge indicator designed to help traders capture market momentum with clarity and precision. This versatile tool combines moving averages, directional movement indexes (DMI), and volume analysis to provide real-time insights into trend direction and strength. Whether you’re a scalper, day trader, or swing trader, MomentumCloud.V33 adapts to your trading style and timeframe, making it an essential addition to your trading toolkit. 📈💡 🔧 Customizable Parameters: • Moving Averages: Adjust the periods of the fast (MA1) and slow (MA2) moving averages to fine-tune your trend analysis. • DMI & ADX: Customize the DMI length and ADX smoothing to focus on strong, actionable trends. • Volume Multiplier: Modify the cloud thickness based on trading volume, emphasizing trends with significant market participation. 📊 Trend Detection: • Color-Coded Clouds: • Green Cloud: Indicates a strong uptrend, suggesting buying opportunities. • Red Cloud: Indicates a strong downtrend, signaling potential short trades. • Gray Cloud: Reflects a range-bound market, helping you avoid low-momentum periods. • Dynamic Volume Integration: The cloud thickness adjusts dynamically with trading volume, highlighting strong trends supported by high market activity. 📈 Strength & Momentum Analysis: • Strength Filtering: The ADX component ensures that only strong trends are highlighted, filtering out market noise and reducing false signals. • Visual Momentum Gauge: The cloud color and thickness provide a quick visual representation of market momentum, enabling faster decision-making. 🔔 Alerts: • Custom Alerts: Set up alerts for when the trend shifts or reaches critical levels, keeping you informed without needing to constantly monitor the chart. 🎨 Visual Enhancements: • Gradient Cloud & Shadows: The indicator features a gradient-filled cloud with shadowed moving averages, enhancing both aesthetics and clarity on your charts. • Adaptive Visual Cues: MomentumCloud.V33’s color transitions and dynamic thickness provide an intuitive feel for the market’s rhythm. 🚀 Quick Guide to Using MomentumCloud.V33 1. Add the Indicator: Start by adding MomentumCloud.V33 to your chart. Customize the settings such as MA periods, DMI length, and volume multiplier to match your trading style. 2. Analyze the Market: Observe the color-coded cloud and its thickness to gauge market momentum and trend direction. The thicker the cloud, the stronger the trend. 3. Set Alerts: Activate alerts for trend changes or key levels to capture trading opportunities without needing to watch the screen continuously. ⚙️ How It Works: MomentumCloud.V33 calculates market momentum by combining moving averages, DMI, and volume. The cloud color changes based on the trend direction, while its thickness reflects the strength of the trend as influenced by trading volume. This integrated approach ensures you can quickly identify robust market movements, making it easier to enter and exit trades at optimal points. Settings Overview: • Moving Averages: Define the lengths for the fast and slow moving averages. • DMI & ADX: Adjust the DMI length and ADX smoothing to focus on significant trends. • Volume Multiplier: Customize the multiplier to control cloud thickness, highlighting volume-driven trends. 📚 How to Use MomentumCloud.V33: • Trend Identification: The direction and color of the cloud indicate the prevailing trend, while the cloud’s thickness suggests the trend’s strength. • Trade Execution: Use the green cloud to look for long entries and the red cloud for short positions. The gray cloud advises caution, as it represents a range-bound market. • Alerts: Leverage the custom alerts to stay on top of market movements and avoid missing critical trading opportunities. Unleash the power of trend and momentum analysis with MomentumCloud.V33! Happy trading! 📈🚀✨
Pine Script™ indicator
by AR33_
Oscillating Length Moving Averages***CREDIT TO TradingView's TA Library*** (), Attempted to use "import TradingView/ta/4" to import the library, but for whatever reason some of the functions failed to work, while others had no issue, so I opted to just copy paste what I wanted to use. This moving average uses an oscillator to influence the length used during calculation. Extremely customizable/tunable with ability to change Max and Min length values, length multiplier, length multiple,4 different settings ,( Decline , <>Peak, >Decline , <>Peak, ><Trough step6:Select Final Filtering method step7:plot
Pine Script™ indicator
by EsIstTurnt
Rollin' pseudo-Bollinger Bands 5 linear regression curves and new highs/lows mixed together from the basis for this indicator. Using slightly different logic an upper boundary and lower boundary are formed. Then the boundary's are built upon to show price channels within the band using variations of fib levels and the distance between the initial boundary's. Dots plotted show the inverse of the close price relative to either the upper or lower boundary depending on where the close is relative to the center of the band. This shows the market's tendency for symmetry which is useful when looking for reversals etc. If it's too cluttered feel free to turn off some things in the options and keep what you feel is helpful.
Pine Script™ indicator
by EsIstTurnt
MTF DPO-RSI IndicatorThis indicator uses the principle of taking the RSI of DPO readings across multiple time frames in order to provide trade signals and an overarching view of market conditions to the trader. My hope with creating this indicator was to present more divergence based signals than your typical indicator, while still keeping those signals at a high quality. In the settings menu, you may specify: Indicator Timeframe - the chart resolution that is used to calculate values. Source DPO Length - the number of bars used to calculate the Detrended Price Oscillator value. The DPO value is the source for the RSI calculations. DPO Hull Smoothing - how much smoothing is applied to the DPO . Smoothing is accomplished by taking a Hull Moving Average of the closing price, and using this to calculate the DPO value. RSI Length - the number of bars used to calculate the RSI of the DPO value. Time Multipliers 1 through 6 - use this to define what resolution each plot will represent. A value of 1 will represent the current Indicator Timeframe. A value of 3 will represent 3 times the current Indicator Timeframe, etc. Show Plot 1 through 6 - toggles the display of plots. How I trade with this indicator: A value of under 30 represents an over sold state for that particular plot. A value of over 70 represents an overbought state for that plot. Identify divergences on a lower timeframe plot which are apparent in overbought or oversold conditions, and confirm the signal with an overbought or oversold condition, or a divergence on a higher timeframe plot. Divergences which begin in oversold or overbought territory and end inside the 30-70 range tend to be more reliable signals, in my experience. Like all indicators, this is best when used in conjunction with other indicators. Trend indicators, such as double EMA's and Supertrend are my favorite pairing, and a stochastic RSI is a good tool to have as well. This is my first published indicator! If you find unique ways to use it, drop me a message. I'd love to know what you find. :)
Pine Script™ indicator
by ethereal_motion
1
enhanced_taLibrary "enhanced_ta" Collection of all custom and enhanced TA indicators ma(source, maType, length) returns custom moving averages Parameters: source : Moving Average Source maType : Moving Average Type : Can be sma, ema, hma, rma, wma, vwma, swma, highlow length : Moving Average Length Returns: moving average for the given type and length bb(source, maType, length, multiplier) returns Bollinger band for custom moving average Parameters: source : Moving Average Source maType : Moving Average Type : Can be sma, ema, hma, rma, wma, vwma, swma, highlow length : Moving Average Length multiplier : Standard Deviation multiplier Returns: Bollinger band with custom moving average for given source, length and multiplier bbw(source, maType, length, multiplier) returns Bollinger bandwidth for custom moving average Parameters: source : Moving Average Source maType : Moving Average Type : Can be sma, ema, hma, rma, wma, vwma, swma, highlow length : Moving Average Length multiplier : Standard Deviation multiplier Returns: Bollinger Bandwidth for custom moving average for given source, length and multiplier bpercentb(source, maType, length, multiplier) returns Bollinger Percent B for custom moving average Parameters: source : Moving Average Source maType : Moving Average Type : Can be sma, ema, hma, rma, wma, vwma, swma, highlow length : Moving Average Length multiplier : Standard Deviation multiplier Returns: Bollinger Percent B for custom moving average for given source, length and multiplier kc(source, maType, length, multiplier) returns Keltner Channel for custom moving average Parameters: source : Moving Average Source maType : Moving Average Type : Can be sma, ema, hma, rma, wma, vwma, swma, highlow length : Moving Average Length multiplier : Standard Deviation multiplier Returns: Keltner Channel for custom moving average for given souce, length and multiplier kcw(source, maType, length, multiplier) returns Keltner Channel Width with custom moving average Parameters: source : Moving Average Source maType : Moving Average Type : Can be sma, ema, hma, rma, wma, vwma, swma, highlow length : Moving Average Length multiplier : Standard Deviation multiplier Returns: Keltner Channel Width for custom moving average kpercentk(source, maType, length, multiplier) returns Keltner Channel Percent K Width with custom moving average Parameters: source : Moving Average Source maType : Moving Average Type : Can be sma, ema, hma, rma, wma, vwma, swma, highlow length : Moving Average Length multiplier : Standard Deviation multiplier Returns: Keltner Percent K for given moving average, source, length and multiplier dc(source, useCustomSource, length) returns Custom Donchian Channel Parameters: source : - Custom source useCustomSource : - Custom source is used only if useCustomSource is set to true length : - donchian channel length Returns: Donchian channel oscillatorRange(source, method, highlowLength, rangeLength) returns Custom overbought/oversold areas for an oscillator input Parameters: source : - Osillator source such as RSI, COG etc. method : - Valid values for method are : sma, ema, hma, rma, wma, vwma, swma, highlow highlowLength : - length on which highlow of the oscillator is calculated rangeLength : - length used for calculating oversold/overbought range - usually same as oscillator length Returns: Dynamic overbought and oversold range for oscillator input
Pine Script™ library
by Trendoscope
15
CM MACD Custom Indicator - Multiple Time Frame - V2***For a Detailed Video Overview Showing all of the Settings... Click HERE to View Video New _CM_MacD_Ult_MTF _V2 Update 07-28-2021 Thanks to @SKTennis for help in Updating code to V2 Added Groups to Settings Pane. Added Color Plots to Settings Pane Switched MTF Logic to turn ON/OFF automatically w/ TradingView's Built in Feature Updated Color Transparency plots to work in future update Added Ability to Turn ON/OFF Show MacD & Signal Line Added Ability to Turn ON/OFF Show Histogram Added Ability to Change MACD Line Colors Based on Trend Added Ability to Highlight Price Bars Based on Trend Added Alerts to Settings Pane. Customized how Alerts work. Must keep Checked in Settings Pane, and When you go to Alerts Panel, Change Symbol to Indicator (CM_Ult_MacD_MTF_V2) Customized Alerts to Show Symbol, TimeFrame, Closing Price, MACD Crosses Up & MACD Crosses Down Signals in Alert Alerts are Pre-Set to only Alert on Bar Close See Video for Detailed Overview New Updates Coming Soon!!! ***Please Post Feedback and Any Feature Requests in the Comments Section Below***
Pine Script™ indicator
by ChrisMoody
144
High/Low X Bars AgoThis indicator will plot a line on your chart that shows the highest high point between two previous points on the chart. It does this by reporting the highest point of X number of candles, and begins the look-back X number of candles ago. Default candle group size is 50, and default look-back begins 50 candles back. With these settings, the script will essentially plot the highest high point between the candle that printed 100 candles ago, and the candle that printed 50 candles ago. Options are available for looking for the highest point, or lowest point, with configurable distances in the look-back and candle group ranges. This script was custom built by Pine-Labs for a user who requested it.
Pine Script™ indicator
by Pine-Labs
1
MACD With Trend Filter: Visual Backtest Module TemplateSample Strategy: MACD Crossover with trend filter options MA Filter : Price Close Above MA, Search for Buy, Price Close Below MA, Search for Sell ADX Filter : Take trade only when ADX is above certain treshold MACD Signal : MACD Cross above signal line while under 0 line indicate Buy Signal MACD Cross below signal line while above 0 line indicate Sell Signal ----------------------------- Using Alert Module: Enable Alert --> Enable TV's alert and plot signal to chart Alert Type --> Set to take Buy only, Sell only or Both alert ---------------------------- Using Backtest Module: Enable Backtest --> Enable Backtest simulation Backtest Type --> Set to take Buy only, Sell only or Both SL Type --> ATR : Set SL in ATR times Multiplier below/above entry price Fixed : Set SL in fixed point below entry point (in 'Dollar'). e.g. for Stocks -> 0.5 equals to 50cent while for EURUSD currency -> 0.005 equal to 50 pips HiLo Bar : Set SL at highest/lowest wick of previous bar plus/minus Fixed point. e.g. EURUSD HiLo=3 and Fixed Point = 0.0005, buy trade will place SL 5 Pips below lowest of previous 3 bar SL ATR Period --> Set Lookback Period used for SL's ATR calculation SL ATR Multi --> Set ATR Multiplier for SL SL Fixed --> Set Fixed Level for SL (Use when SL Type is either Fixed or HiLo Bar) SL Bar --> Set Number of previous bar to check for SL placement TP RR Ratio --> Set TP based on RR multiplier. e.g. 2 means TP level will be twice further from entry point compared to Entry-SL distance. Notes: The point is for preliminary testing, so it only supports 1 trade at a time and no Trailing Stop ---------------------------- Disclaimer: This script main objective is to create my personal indicator template so that i just have to modify the indicator module for preliminary testing in future. Testing Alert Module so i can re-use it as template in future study/indicator Testing Visual Backtest Module so i can re-use it as template in future study/indicator i believe using Strategy function is a better approach for this but the entry/exit level seems to be hit n miss (at least for me, still trying to figure what i did wrong) also, i rather code the strategy in other platform where i can use the more accurate tick data if i want to validate backtest statistics. My study scripts was built only to test/visualize an idea to see its viability and if it can be used to optimize existing strategy. credit: ADX code are originally from "ADX and DI" by @BeikabuOyaji although i re-wrote so i can have cleaner read and use RMA instead of SMA
Pine Script™ indicator
by fareidzulkifli
12