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10 EMA and 50 EMA Crossover Alerts//@version=5 indicator("10 EMA and 50 EMA Crossover Alerts", overlay=true) // Define the EMAs ema10 = ta.ema(close, 10) ema50 = ta.ema(close, 50) // Plot the EMAs on the chart plot(ema10, color=color.blue, linewidth=2, title="10 EMA") plot(ema50, color=color.red, linewidth=2, title="50 EMA") // Crossover conditions bullishCross = ta.crossover(ema10, ema50) // 10 EMA crosses above 50 EMA bearishCross = ta.crossunder(ema10, ema50) // 10 EMA crosses below 50 EMA // Generate alerts for crossovers alertcondition(bullishCross, title="10 EMA Crosses Above 50 EMA", message="10 EMA has crossed above 50 EMA on the 1-hour chart. Buy Signal.") alertcondition(bearishCross, title="10 EMA Crosses Below 50 EMA", message="10 EMA has crossed below 50 EMA on the 1-hour chart. Sell Signal.") // Background color to indicate the crossover (optional for visualization) bgcolor(bullishCross ? color.new(color.green, 90) : na, title="Bullish Crossover Background") bgcolor(bearishCross ? color.new(color.red, 90) : na, title="Bearish Crossover Background")
Pine Script™ indicator
by SangameshwarChillarge
Dhokiya's Research Analyst - Chetan DhokiyaThe 0.09 strategy indicator developed by Dhokiyas Research Analyst is unique due to its plotting of support and resistance based on 1st 5min candle of closing Indian Markets. The indicator plots an Opening Range Breakout zone for entry. Description of Indicator Based on the above opening range breakout zone. A person can enter a Buy entry trade when price of 5mins chart close above the green line known to be Resistance line. A cross out above will indicate a buying trade. On the other hand A person can enter a Sell entry trade when price of 5mins chart close below the red line known to be Support line. A cross out below will indicate a selling trade. The script is build by Dhokiyas Research Analyst to enable traders working in Indian Market to have some rough idea about Support and Resistance based on the 1st min candle closing. To help them trade in Intraday basis. 0.09 Version Strategy Indicator by Dhokiya's Research Analyst Mobile - 7575065656 Website - dhokiyas.com/ Email - care@dhokiyas.com
Pine Script™ indicator
by Hirendhokiya
Time-Based Background ColorsTime-Based Background Colors The Time-Based Background Colors indicator provides a visual representation of different trading sessions by dynamically changing the background color of your TradingView chart based on time intervals. This tool is ideal for traders looking to highlight key market periods such as the opening session, midday lull, and closing hours . Customizable Time Ranges – Define up to three distinct time periods using HHMM format. Dynamic Background Coloring – The chart background changes based on the active time range. Adjustable Transparency – Colors are applied with 90% transparency to maintain chart clarity. Timezone Adjusted – Automatically aligns with the exchange’s time zone for accurate session tracking. This indicator helps traders stay aware of important market phases by providing subtle yet effective visual cues. Whether you trade pre-market, intraday, or power hour sessions , this tool enhances situational awareness without cluttering the chart. Simply customize your time ranges and colors to match your trading strategy.
Pine Script™ indicator
by mcneal
Combined Bollinger IndicatorsНиже приведено подробное описание индикатора "Combined Bollinger Indicators" и рекомендации по интерпретации сигналов на графике. Combined Bollinger Indicators – это комплексный инструмент для анализа динамики цены, основанный на классических полосах Боллинджера и их модификациях. Он сочетает в себе следующие элементы: 1. Стандартные полосы Боллинджера Basis (средняя линия): Простая скользящая средняя (SMA) за выбранный период, которая служит основой для построения полос. Верхняя и нижняя полосы: Вычисляются как Basis плюс/минус произведение стандартного отклонения на заданный множитель. Они отражают уровни, где цена считается перекупленной или перепроданной. 2. Double Bollinger Bands (DBB) Дополнительный набор полос с другим коэффициентом отклонения. DBB позволяет оценить ценовое поведение в более узком диапазоне, предоставляя дополнительную информацию для определения зон входа и выхода. 3. Отображение значений %B и BandWidth В правом верхнем углу графика выводится таблица с текущими значениями: Bollinger %B: Позиция цены внутри диапазона между нижней и верхней полосами. andWidth: Относительная ширина канала, которая отражает уровень волатильности. Интерпретация сигналов на графике 1. Пробой границ (Breakout Signals ) Сигнал на покупку: Зеленый треугольник, расположенный под свечой, появляется при условии, что цена пробивает нижнюю полосу или возвращается внутрь диапазона после кратковременного пробоя, при этом значение %B указывает на перепроданность (ниже 0.2). Сигнал на продажу: Красный треугольник над свечой сигнализирует о пробое верхней полосы или возврате внутрь диапазона после кратковременного пробоя, при этом %B свидетельствует о перекупленности (выше 0.8). 2. Пересечение центральной линии (Basis Cross) При пересечении цены со средней линией (Basis) появляется метка с эмодзи «🔄 basis». Это событие может указывать на смену динамики, подтверждая разворот тренда или окончание коррекции. 3. Сжатие диапазона (Bollinger Squeeze) Когда текущая ширина канала (BandWidth) резко снижается относительно среднего значения за заданный период (умноженного на коэффициент), на графике появляется метка «🔒 squeeze». Это сигнализирует о снижении волатильности и накоплении сил, что может предшествовать резкому движению цены. 4. Сигналы с использованием Double Bollinger Bands (DBB) Бычий сигнал DBB: Если цена находится между внутренней верхней полосой (DBB) и основной верхней полосой, появляется метка «DBB» над свечой, что может указывать на предстоящий восходящий импульс. Медвежий сигнал DBB: Если цена располагается между внутренней нижней полосой (DBB) и основной нижней полосой, метка «DBB» появляется под свечой, сигнализируя о возможном нисходящем движении. Как читать сигналы Смотрите на визуальные метки: Зеленые и красные треугольники информируют о пробоях границ, а дополнительные метки (с эмодзи «🔄 basis», «🔒 squeeze» и «DBB») помогают оценить моменты смены тренда и потенциального начала движения. Анализируйте таблицу значений: Значения Bollinger %B и BandWidth дают понимание о том, где цена находится внутри диапазона и насколько узкий или широкий канал, что помогает принимать решение об открытии позиции. Комбинируйте сигналы для подтверждения:* Например, пробой нижней полосы в сочетании с низким %B может служить подтверждением для покупки, а сигнал сжатия диапазона может указывать на накопление потенциала для сильного движения. DBB сигнал: Расположение цены между двумя наборами полос (DBB и основными полосами) дополнительно указывает на возможное направление движения. Метка «DBB» помогает быстро идентифицировать такие моменты. Этот индикатор предоставляет комплексный анализ, позволяющий учитывать как волатильность, так и уровни перекупленности/перепроданности, что помогает принимать более обоснованные торговые решения.
Pine Script™ indicator
by BitcoinHunterAnalytics
UT Bot Alerts – Time Filtered with ExitsThis indicator combines several technical approaches to generate precise entry and exit signals, while incorporating time filters that ensure signals are sent only during desired time windows and with defined cooldown periods. It is based on the original idea by QuantNomad. Main Components: ATR-based Trailing Stop: Using the Average True Range (ATR) and an adjustable multiplier ("Key Value"), a dynamic trailing stop is calculated that adapts to the current price. This trailing stop forms the basis for the signal generation. EMA-based Entry Signals: A very short exponential moving average (EMA, period 1) is used in combination with the trailing stop to identify clear buy (long) and sell (short) signals via crossovers. An additional buffer zone helps reduce false signals. Persistent Trade State: The current state (long, short, or neutral) is maintained so that the system remains in the trend until a new signal is generated. Linear Regression as Reference: A linear regression line computed over a defined period serves as a reference for determining exit levels. Exit Signals with Delay: Exit signals are generated when the price deviates from the linear regression line by a defined percentage (Exit Signal Deviation) and the condition persists for at least a specified number of bars (Exit Signal Delay). Only one exit signal is issued per trade to avoid excessive exits. Time Filters and Cooldown: Session Filter: A user-defined session (e.g., "2200-0500") can disable signals during specified periods. Cooldown Period: After a signal is triggered, a cooldown phase (in minutes) can be set during which no new signals are sent. Visual Display and Alerts: Entry Signals: Buy and sell signals are displayed as labels (green for long, red for short). Exit Signals: Exit signals appear as triangles, with the exit long signal text displayed in white. Reference Lines: The upper exit level (Exit Short Level) is drawn as a solid line in turquoise (color.aqua). The lower exit level (Exit Long Level) is drawn as a solid line in yellow. Additionally, the ATR trailing stop and the linear regression line are clearly plotted on the chart. Alerts can be configured for all signal types. In Summary: The indicator delivers precise entry signals based on an ATR trailing stop and a short EMA, supplemented by dynamic exit levels determined via linear regression. With integrated time filters (session and cooldown) and a flexible exit mechanism, this indicator offers controlled trade management—ideal for traders who wish to receive signals only during desired time periods. Original Author: QuantNomad
Pine Script™ indicator
by boanerg73
1
Prior HTF Range Levels [promuckaj]Prior HTF Range Levels - Indicator developed with idea to mark you prior HTF range levels, including high, low, EQ, 25% and 75% of the range. There is option to choose desired HTF, by default it is 1H. Every time when price breach high or low of the prior range there is option to mark the respective bar for you. It will mark only the first break of the range. There is also option to activate separately alerts for breach of the high or low of the range. There is option to set % time of HTF range, how many % of time could pass before the breach. For example, 30% of HTF range(1H) means that if you are on 1m chart there must be breach in the first 20 candles on 1m chart because 1H HTF range contain 60x 1m candles, while first 20 is 30% of HTF candle. This could be really useful due to some statistical facts that a lot of traders is using first 30% of a new formed range to break high or low. There is also countdown that will allow you at real time to see how much bars on your LTF is left until end of a forming new HTF range. There is option to set two colors for this label (red/green by default) which will allow you quickly to see where you are at the moment. In example below green color means that we are still < 30% of a new forming range, since we set 30% as our threshold, while number is showing us how much bars need to be printed for a new range. After some time color will change to red since we are now > 30% of a new forming range, and red could means that we are not interesting anymore in prior range. For all lines, high/low, EQ, 25% and 75% there is option to customize it separately, which means you can set different color, width of line, style of line and size of labels. Everyone enjoy !
Pine Script™ indicator
by promuckaj
2
DBS_API **SingleZone DarkNext Indicator - Educational Trading Tool** SingleZone DarkNext Indicator is a powerful **educational tool** designed to help traders understand market movements and technical patterns. This indicator does not provide financial advice, investment recommendations, or guaranteed trading signals. Instead, it serves as a **learning aid** for traders who wish to enhance their technical analysis skills. ### **Key Features:** ✅ **Educational Insights** – The indicator highlights key market zones and trends to help traders interpret price action effectively. ✅ **No Buy/Sell Signals** – This tool does not generate direct trading signals but provides **technical market analysis** for learning purposes. ✅ **User-Driven Analysis** – Traders must apply their own strategies and risk management techniques while using this indicator. ✅ **Non-Financial Advice** – The indicator does not predict future market movements and should not be considered financial advice. ### **Disclaimer:** SingleZone DarkNext Indicator is developed **strictly for educational purposes** and is not intended for live trading decisions. Users are encouraged to conduct their own research and consult with financial professionals before making any trading decisions. The developers are not responsible for any profits or losses incurred by traders. This description ensures compliance with **TradingView's policies**, avoiding any potential violations. Let me know if you need further refinements! 🚀
Pine Script™ indicator
by BLACKBERGTECHNOLOGIES
2
Quarterly Theory ICT 02 [TradingFinder] True Open Session 90 Min🔵 Introduction The Quarterly Theory ICT indicator is an advanced analytical system built on ICT (Inner Circle Trader) concepts and fractal time. It divides time into four quarters (Q1, Q2, Q3, Q4), and is designed based on the consistent repetition of these phases across all trading timeframes (annual, monthly, weekly, daily, and even shorter trading sessions). Each cycle consists of four distinct phases: the first phase (Q1) is the Accumulation phase, characterized by price consolidation; the second phase (Q2), known as Manipulation or Judas Swing, is marked by initial false movements indicating a potential shift; the third phase (Q3) is Distribution, where price volatility peaks; and the fourth phase (Q4) is Continuation/Reversal, determining whether the previous trend continues or reverses. 🔵 How to Use The central concept of this strategy is the "True Open," which refers to the actual starting point of each time cycle. The True Open is typically defined at the beginning of the second phase (Q2) of each cycle. Prices trading above or below the True Open serve as a benchmark for predicting the market's potential direction and guiding trading decisions. The practical application of the Quarterly Theory strategy relies on accurately identifying True Open points across various timeframes. True Open points are defined as follows : Yearly Cycle : Q1: January, February, March Q2: April, May, June (True Open: April Monthly Open) Q3: July, August, September Q4: October, November, December Monthly Cycle : Q1: First Monday of the month Q2: Second Monday of the month (True Open: Daily Candle Open price on the second Monday) Q3: Third Monday of the month Q4: Fourth Monday of the month Weekly Cycle : Q1: Monday Q2: Tuesday (True Open: Daily Candle Open Price on Tuesday) Q3: Wednesday Q4: Thursday Daily Cycle : Q1: 18:00 - 00:00 (Asian session) Q2: 00:00 - 06:00 (True Open: Start of London Session) Q3: 06:00 - 12:00 (NY AM) Q4: 12:00 - 18:00 (NY PM) 90 Min Asian Session : Q1: 18:00 - 19:30 Q2: 19:30 - 21:00 (True Open at 19:30) Q3: 21:00 - 22:30 Q4: 22:30 - 00:00 90 Min London Session : Q1: 00:00 - 01:30 Q2: 01:30 - 03:00 (True Open at 01:30) Q3: 03:00 - 04:30 Q4: 04:30 - 06:00 90 Min New York AM Session : Q1: 06:00 - 07:30 Q2: 07:30 - 09:00 (True Open at 07:30) Q3: 09:00 - 10:30 Q4: 10:30 - 12:00 90 Min New York PM Session : Q1: 12:00 - 13:30 Q2: 13:30 - 15:00 (True Open at 13:30) Q3: 15:00 - 16:30 Q4: 16:30 - 18:00 Micro Cycle (22.5-Minute Quarters) : Each 90-minute quarter is further divided into four 22.5-minute sub-segments (Micro Sessions). True Opens in these sessions are defined as follows : Asian Micro Session : True Session Open : 19:30 - 19:52:30 London Micro Session : T rue Session Open : 01:30 - 01:52:30 New York AM Micro Session : True Session Open : 07:30 - 07:52:30 New York PM Micro Session : True Session Open : 13:30 - 13:52:30 By accurately identifying these True Open points across various timeframes, traders can effectively forecast the market direction, analyze price movements in detail, and optimize their trading positions. Prices trading above or below these key levels serve as critical benchmarks for determining market direction and making informed trading decisions. 🔵 Setting Show True Range : Enable or disable the display of the True Range on the chart, including the option to customize the color. Extend True Range Line : Choose how to extend the True Range line on the chart, with the following options: None: No line extension Right: Extend the line to the right Left: Extend the line to the left Both: Extend the line in both directions (left and right) Show Table : Determines whether the table—which summarizes the phases (Q1 to Q4)—is displayed. Show More Info : Adds additional details to the table, such as the name of the phase (Accumulation, Manipulation, Distribution, or Continuation/Reversal) or further specifics about each cycle. 🔵 Conclusion The Quarterly Theory ICT, by dividing time into four distinct quarters (Q1, Q2, Q3, and Q4) and emphasizing the concept of the True Open, provides a structured and repeatable framework for analyzing price action across multiple time frames. The consistent repetition of phases—Accumulation, Manipulation (Judas Swing), Distribution, and Continuation/Reversal—allows traders to effectively identify recurring price patterns and critical market turning points. Utilizing the True Open as a benchmark, traders can more accurately determine potential directional bias, optimize trade entries and exits, and manage risk effectively. By incorporating principles of ICT (Inner Circle Trader) and fractal time, this strategy enhances market forecasting accuracy across annual, monthly, weekly, daily, and shorter trading sessions. This systematic approach helps traders gain deeper insight into market structure and confidently execute informed trading decisions.
Pine Script™ indicator
by TFlab
Cumulative New Highs - New Lows IndicatorThis indicator is designed to track market momentum by calculating and plotting the cumulative sum of 52 weeks High-Low for different indices, alongside a customizable moving average. Index Selection: Users can choose from multiple indices, including: Total Stock Market (default) NYSE Composite Nasdaq Composite S&P 500 Nasdaq 100 Russell 2000 Moving Average Customization: The script allows you to select between a Simple Moving Average (SMA) or an Exponential Moving Average (EMA) for smoothing the cumulative data. The window length of the moving average is also adjustable, letting you tailor the sensitivity of the trend analysis. Dynamic Background Plotting: With the background plot option enabled, the indicator changes the chart's background color dynamically: Green: When the cumulative sum is above its moving average, suggesting bullish momentum. Red: When it is below the moving average, indicating bearish conditions. Visual Representation: Two key lines are plotted: Cumulative Index Line: Displayed in a subtle blue, representing the aggregated market movement. Moving Average Line: Shown in an orange tone, offering a smoothed perspective that aids in identifying trend shifts. Inspiration: I took inspiration from the indicator made by YoxTrades (I can't put links, but you can check their profile) and added a few features I wanted on top of it.
Pine Script™ indicator
by digitalschism
SGK Check listSGK Checklist Indicator User Manual Indicator created by Swanand Kulkarni # Index ## Overview ## Core Concepts - Multi-Timeframe Analysis - Trading Condition Categories - Alert System ## Technical Indicators Used - Price Action - Momentum - Volume ## Detailed Logic for Signal Checklist - Buy Momentum Signals - Buy Swing Signals - Sell Momentum Signals - Sell Swing Signals ## Customization Options - Indicator Settings - EMA Settings - MACD Settings - Timeframe Settings - Visual Settings - Table Settings ## How to Use the Indicator - Setting Up - Reading the Checklist ## Trading Strategies Based on the Indicator - Momentum Trading - Swing Trading - Trend Following - Confirmation Strategy ## Tips for Optimal Use ## Example Scenarios - Strong Buy Setup - Early Buy Signal - Strong Sell Setup - Early Sell Signal ## Conclusion Overview The SGK Checklist is a comprehensive multi-timeframe trading system designed to identify potential trading opportunities by analyzing various technical indicators across different timeframes. Using a visual checklist interface, it helps traders identify market trends, momentum and swing trade setups, and entry/exit points. This indicator provides a systematic approach to analyzing market conditions by: • Analyzing multiple technical indicators simultaneously • Comparing conditions across three different timeframes • Alerting traders when significant signal thresholds are met • Organizing signals into specific trade setup categories Core Concepts Multi-Timeframe Analysis The indicator utilizes a "MTF" framework that analyzes three timeframes simultaneously: 1. Ripple (Lower Timeframe) - Short-term price movements; default: 4H (240min) 2. Wave (Current Timeframe) - Medium-term trend; default: Daily (D) 3. Tide (Higher Timeframe) - Long-term market direction; default: Weekly (W) This multi-timeframe approach helps traders align with the overall market direction (tide), identify the intermediate trend (wave), and time entries or exits (ripple). Trading Condition Categories The indicator organizes trading conditions into four main categories: 1. Buy Momentum - Strong bullish signals indicating potential for aggressive buying 2. Buy Swing - Early bullish signals indicating potential for trend reversal upward 3. Sell Momentum - Strong bearish signals indicating potential for aggressive selling 4. Sell Swing - Early bearish signals indicating potential for trend reversal downward Alert System The checklist features a sophisticated visual alert system: 1. Gold Highlighting - Conditions met across all three timeframes are highlighted in gold color. 2. Lightning Bolt Indicators - Category headers display lightning bolts (⚡) when significant percentages of conditions are met: o One bolt (⚡) when 60% or more conditions are met o Two bolts (⚡⚡) when 80% or more conditions are met o Three bolts (⚡⚡⚡) when 100% of conditions are met 3. Color Flickering - Category headers flash with gold color when above thresholds (brightness increases with higher percentage). 4. MACD Logic o BUY - MACD Rising + PCO, you will get TICK and if MACD is above ZERO line, you will get ‘TICK + UP ARROW’. o SELL - MACD Falling + NCO, you will get TICK and if MACD is below ZERO line, you will get ‘TICK + DOWN ARROW’. Technical Indicators Used The indicator analyzes the following technical signals: Price Action • Bollinger Bands - Price challenging upper/lower bands and band direction/concavity • Moving Averages - EMA configurations and crossover patterns Momentum • RSI (Relative Strength Index) - Overbought/oversold conditions • ADX (Average Directional Index) - Trend strength • MACD - Trend direction and momentum Volume • Volume Relative to Moving Average - Confirmation of price movement with volume Detailed Logic for Signal Checklist Buy Momentum Signals. 1. BB Challenge Up - Price testing or breaking above upper Bollinger Band 2. MACD Rising + PCO - MACD rising and Fast EMA above Slow EMA 3. RSI > 60 - RSI above 60, indicating strength 4. ADX > 12 - ADX above 12, indicating significant trend 5. Volume > MA - Volume above its moving average 6. EMA Configuration - Fast EMA > Medium EMA > Slow EMA (5>13>26 by default) Buy Swing Signals 1. Lower BB Up - Lower Bollinger Band turning upward (concave up) 2. MACD Rising + PCO - MACD rising and Fast EMA above Slow EMA 3. RSI > 40 - RSI above 40, indicating potential strength building 4. Volume > MA - Volume above its moving average 5. EMA Configuration - Fast EMA > Medium EMA > Slow EMA (5>13>26 by default) Sell Momentum Signals 1. BB Challenge Down - Price testing or breaking below lower Bollinger Band 2. MACD Falling + NCO - MACD falling and Fast EMA below Slow EMA 3. RSI < 40 - RSI below 40, indicating weakness 4. ADX > 12 - ADX above 12, indicating significant trend 5. Volume > MA - Volume above its moving average 6. EMA Configuration - Fast EMA < Medium EMA < Slow EMA (5<13<26 by default) Sell Swing Signals 1. Upper BB Down - Upper Bollinger Band turning downward (concave down) 2. MACD Falling + NCO - MACD falling and Fast EMA below Slow EMA 3. RSI < 60 - RSI below 60, indicating potential weakness building 4. Volume > MA - Volume above its moving average 5. EMA Configuration - Fast EMA < Medium EMA < Slow EMA (5<13<26 by default) Customization Options The indicator offers extensive customization through the following settings categories: Indicator Settings • Bollinger Band Length (5-50, default: 20) - Period for Bollinger Bands calculation • Bollinger Band Standard Deviation (0.5-4, default: 2.0) - Width of Bollinger Bands • RSI Length (5-30, default: 14) - Period for RSI calculation • ADX Length (5-30, default: 14) - Period for ADX calculation • Volume MA Length (5-50, default: 20) - Period for Volume Moving Average EMA Settings • Fast EMA Length (1-50, default: 5) - Period for Fast EMA • Medium EMA Length (1-100, default: 13) - Period for Medium EMA • Slow EMA Length (1-200, default: 26) - Period for Slow EMA MACD Settings • MACD Fast Length (1-50, default: 12) - Fast period for MACD calculation • MACD Slow Length (1-100, default: 26) - Slow period for MACD calculation • MACD Signal Length (1-50, default: 9) - Signal line period for MACD Timeframe Settings • Ripple Timeframe - Lower timeframe (1min to Monthly) • Wave Timeframe - Current timeframe (current or specific timeframe) • Tide Timeframe - Higher timeframe (1min to Monthly) Visual Settings • First Level Alert (%) - Percentage threshold for one lightning bolt (default: 60%) • Second Level Alert (%) - Percentage threshold for two lightning bolts (default: 80%) • Third Level Alert (%) - Percentage threshold for three lightning bolts (default: 100%) Table Settings • Table Position - Where the checklist appears on chart (9 positions available) • Table Size - Small, Medium, or Large How to Use the Indicator Setting Up 1. Apply the indicator to your chart 2. Configure the timeframes to match your trading style: o Short-term traders: Consider 15m (Ripple), 1H (Wave), 4H (Tide) o Day traders: Consider 1H (Ripple), 4H (Wave), D (Tide) o Swing traders: Consider 4H (Ripple), D (Wave), W (Tide) 3. Adjust the technical indicator parameters if needed 4. Position and size the table for optimal viewing Reading the Checklist The checklist displays each condition across three timeframes with visual indicators: • ✓ (green background): Condition is met • ✗ (red background): Condition is not met • Gold background for condition names: Condition is met across all three timeframes The strength of signals is indicated by: • The number of lightning bolts (⚡) in the category header • The gold color flickering intensity of the category header • The total percentage of conditions met in that category Trading Strategies Based on the Indicator Momentum Trading 1. Look for the "BUY MOMENTUM" or "SELL MOMENTUM" category displaying lightning bolts 2. Verify individual signals with gold background (met across all timeframes) 3. Enter in the direction of momentum when multiple conditions align Swing Trading 1. Look for the "BUY SWING" or "SELL SWING" category displaying lightning bolts 2. Focus on early reversal signals like Bollinger Band concavity and RSI 3. Enter potential reversals early when multiple swing conditions align Trend Following 1. Ensure the Tide and Wave timeframes show consistent signals 2. Use the Ripple timeframe for precise entry timing 3. Stay in the trade while higher timeframes maintain their signals Confirmation Strategy 1. Wait for at least 60-80% of conditions in a category to be met (1-2 lightning bolts) 2. Look for gold backgrounds on key indicators (BB, MACD, RSI, Volume) 3. Use the higher timeframes (Tide and Wave) for trend confirmation 4. Use the lower timeframe (Ripple) for entry/exit timing Tips for Optimal Use 1. Start with Default Settings - The default parameters are optimized for general use. Once familiar with the indicator, adjust to your specific trading style. 2. Integrate with Price Action - Use the checklist in conjunction with price action, support/resistance levels, and chart patterns. 3. Respect Timeframe Hierarchy - The highest timeframe (Tide) should dictate your overall bias (bullish/bearish). 4. Focus on Categories with Lightning Bolts - Prioritize trading setups where a category shows at least one lightning bolt (60%+ conditions met). 5. Wait for Alignment - The most robust signals occur when conditions align across all three timeframes (gold highlighting). 6. Use Progressive Entry - Consider scaling into positions as more conditions become met and lightning bolts appear. 7. Pay Attention to Flickering - The intensity of the gold flickering indicates the strength of the signal category. 8. Monitor Changes in Real-Time - Watch for conditions changing from red to green as potential early signals. Example Scenarios Strong Buy Setup (Momentum) • BUY MOMENTUM shows two or three lightning bolts (⚡⚡ or ⚡⚡⚡) • Multiple "Buy Momentum" conditions have gold backgrounds • "BB Challenge Up" and "Volume > MA" both show checkmarks across all timeframes • RSI > 60 on all timeframes Early Buy Signal (Swing) • BUY SWING shows one or two lightning bolts (⚡ or ⚡⚡) • "Lower BB Up" and "RSI > 40" have gold backgrounds • EMA configuration is positive in at least Wave and Tide timeframes Strong Sell Setup (Momentum) • SELL MOMENTUM shows two or three lightning bolts (⚡⚡ or ⚡⚡⚡) • Multiple "Sell Momentum" conditions have gold backgrounds • "BB Challenge Down" and "MACD Falling + NCO" show checkmarks across all timeframes • RSI < 40 on all timeframes Early Sell Signal (Swing) • SELL SWING shows one or two lightning bolts (⚡ or ⚡⚡) • "Upper BB Down" has a gold background • EMA configuration is negative in at least Wave and Tide timeframes Conclusion The SGK Checklist indicator provides a comprehensive framework for analyzing market conditions across multiple timeframes. By systematically checking technical conditions and providing visual alerts, it helps traders identify potential trading opportunities with increased confidence. The strength of this indicator lies in its ability to: 1. Organize complex market data into actionable signals 2. Provide real-time visual feedback on signal strength 3. Analyze market conditions across multiple timeframes simultaneously 4. Alert traders when significant thresholds are crossed Remember that no indicator is perfect, and the SGK Checklist should be used as part of a complete trading system that includes risk management, proper position sizing, and additional confirmation methods when needed.
Pine Script™ indicator
by swanandkulkarni77
Trend Structure Shift By BCB Elevatebcbelevate.gumroad.com Trend Structure Shift By BCB Elevate Overview: This indicator is a streamlined tool designed to assess the market’s trend structure by pinpointing key price swings. By detecting higher highs and lower lows, the indicator categorizes the market as Bullish, Bearish, or Neutral. Developed by BCB Elevate, it serves as an educational tool for traders seeking to enhance their technical analysis toolkit. Script Details: Swing Length Input: The user can define the “Swing Length” (default is 10 bars) to set the period over which the indicator calculates price extremes. The script determines the highest high (hh) and the lowest low (ll) within this defined period using ta.highest and ta.lowest functions. Comparison With Previous Swings: The script calculates the previous swing’s high (prev_hh) and low (prev_ll) over a period of twice the swing length (using a one-bar offset) to provide a basis for comparison. If the current highest high exceeds the previous swing’s high, the market is flagged as Bullish. Conversely, if the current lowest low falls below the previous swing’s low, the market is flagged as Bearish. If neither condition is met, the market remains Neutral. Trend Variable and Logical Flow: A persistent variable trend is declared to store the current trend state. Using the conditional operator (?:), the script assigns a value of 1 for Bullish, -1 for Bearish, or maintains the previous trend if no new swing condition is met. Visual Table Display: The indicator creates a table on the chart to display the current trend status. The user can choose the table’s position from four options (Top Right, Top Left, Bottom Right, or Bottom Left) to ensure the display aligns with their chart layout. The table updates dynamically with the text “Bullish,” “Bearish,” or “Neutral” and uses corresponding colors (green for bullish, red for bearish, and gray for neutral) for easy visual interpretation. Usage & Interpretation: Input Customization: Adjust the Swing Length to either capture more granular swings or to smooth out the noise for longer-term trends. Choose your preferred table position to integrate the indicator seamlessly into your existing chart setup. Trend Signals: Bullish Trend: Displayed when a new higher high is identified compared to the previous swing period. This suggests that buyers are in control. Bearish Trend: Displayed when a new lower low is observed relative to the prior period, indicating selling pressure. Neutral: Indicates that no significant new swing has been detected, meaning the market may be in a consolidation phase. Important Notices and Compliance: Educational Purpose: This indicator is provided for educational and informational purposes only. It is not intended as financial advice. Always perform your own analysis or consult with a professional advisor before making any trading decisions. Final Thoughts: The "Trend Structure Shift By BCB Elevate" indicator offers a clear, customizable method for evaluating market trends based on price swings. Whether you are a beginner or an experienced trader, understanding these key swing dynamics can enhance your market perspective and assist in making more informed trading decisions. Happy Trading!
Pine Script™ indicator
by BCB_ELEVATE
H.M. Bank Nifty Screener LiveYour new Happening Market BankNifty Screener Live indicator provides a real-time breakdown of Bank Nifty constituents, giving traders a detailed view of stock-wise movements and their impact on the index. Here's a description for your indicator: 🚀 Happening Market BankNifty Screener Live 🚀 🔍 Track Every Move in BankNifty with Real-Time Insights! This powerful BankNifty Screener is designed to help traders analyze individual stock movements within the Bank Nifty index, offering a detailed breakdown of weightage, price action, RSI levels, and contribution to index movement. 🔹 Key Features: ✅ Constituent Impact on Index – Shows how each BankNifty stock influences the index based on its weightage. ✅ Live Price & Change – Get real-time LTP, % change, and absolute movement of all BankNifty stocks. ✅ Stock-Wise Contribution – Identifies which stocks are driving the index up or down. ✅ Momentum Analysis – Includes RSI for spotting overbought/oversold conditions. ✅ Table View for Easy Analysis – A structured and intuitive display to track key data in one glance. 💡 How It Helps? Traders can assess sector strength, spot leading stocks, and fine-tune index trading strategies with ease. High-weightage stocks have a greater impact on BankNifty, and this tool helps you stay ahead by tracking their moves. 🔥 Perfect for Index Traders, Option Traders, and Scalpers looking for live insights! 📌 Available on TradingView – Add it to your chart today! #BankNifty #StockMarket #TradingView #IndexTrading #BankNiftyScreener #LiveMarket
Pine Script™ indicator
by DkRayakTV
Stocks Riders S1Stock Riders S1 A Daily Time Frame Trading Indicator Overview The Stock Riders S1 is a powerful trading tool designed specifically for the daily time frame. It calculates key trading levels based on the **last two candles' high, low, and open**, providing traders with a structured approach to identifying **entry points, risk-reward zones, and potential reversals. Unlike conventional indicators, **Stock Riders S1** generates its levels at the **opening of the trading day**, allowing traders to plan their trades proactively rather than reacting to market movements. Key Features 1. PowerLane (Risk & Reward Levels) - Defines the **risk-reward ratio** for each trade. - Helps traders set precise **targets and stop-loss levels** based on calculated values. - Ensures that trades are executed with a well-defined strategy. 2. CrownPoint (Target Projection) - Projects the price movement **potential** based on the latest buy or sell signal. - If a **buy signal** is generated, the CrownPoint estimates the level the price might reach. - If a **sell signal** appears, it suggests the probable downside movement. 3. ShieldPoint (Reversal Signal) - Indicates a possible reversal zone. - If the price reaches this level, traders should be cautious, as the trend may **change direction**. - Ideal for **managing open positions**, ensuring timely exits or reversals. 4. ColorChange (Market Reversal Probability) - If the indicator shows a **color change**, it signals a **strong possibility** that the price might move **against the original signal**. - Risk-reward calculations are **adjusted at this level** to account for changing market conditions. How It Works - The **Stock Riders S1** calculates trading levels using the **last two candles' high, low, and open**. - These levels appear **at the market opening** and remain static for the day, ensuring clarity for traders. - **When a trade is initiated**, traders must align their **entry, stop-loss, and target** with PowerLane. - If the **ShieldPoint is hit**, consider **reversing the position** to capitalize on market direction shifts. Recommended Trading Strategy 1. Trade at the Right Time - Enter a position **only after the market opens and levels are displayed**. - Avoid delayed entries; trade as soon as the calculated levels are met. 2. Follow the Risk-Reward Structure* - Always use **PowerLane** to set **target and stop-loss** values. - If the **ShieldPoint is reached**, consider **reversing your trade** instead of holding losses. 3. Daily Time Frame Focus - This indicator is **designed exclusively for daily charts** and should not be used on lower time frames. - After marking the levels, apply them to **stocks in your watchlist** for disciplined trading. Why It’s Special Pre-Market Level Calculation Unlike conventional indicators that rely on past data, **Stock Riders S1** provides actionable trading levels **at market open**, allowing traders to plan their trades in advance. Structured Risk-Reward System The **PowerLane levels** ensure that traders always trade with a clear stop-loss and target, reducing emotional decision-making. Predictive Market SignalCrownPoint, ShieldPoint, and ColorChange work together to highlight **trends, reversals, and high-probability moves**, giving traders a strategic edge. Daily Time Frame Precision Unlike short-term indicators, Stock Riders S1 focuses solely on daily charts, making it ideal for positional and swing traders. Dynamic Adaptation – The levels are recalculated **daily**, adapting to changing market conditions without lagging signals. Important Notes - This indicator is meant for educational purposes only and does not provide financial advice. - **Trading involves risk**, and past performance does not guarantee future results. - It is advisable to use **Stock Riders S1** in conjunction with other market analysis tools and proper risk management strategies. Disclaimer The **Stock Riders S1** indicator is based on historical market data and **mathematical calculations**. While it provides valuable insights into potential price movements, it should not be used as the sole basis for trading decisions. - **Use at your own discretion**, keeping in mind market risks and personal trading strategies. - This indicator is designed for **daily stock market trading only** and should not be applied to other asset classes. - Always conduct independent research before making any trading decisions. Final Thought The **Stock Riders S1** is not just another trading indicator—it’s a **strategic trading tool** designed to help traders stay ahead of market movements. By leveraging its **calculated levels, risk-reward structures, and reversal signals**, traders can **approach the market with confidence and clarity**. Use it wisely, trade with discipline, and let the market ride in your favor! 4 days ago Release Notes Stock Riders S1 A Daily Time Frame Trading Indicator Overview The Stock Riders S1 is a powerful trading tool designed specifically for the daily time frame. It calculates key trading levels based on the **last two candles' high, low, and open**, providing traders with a structured approach to identifying **entry points, risk-reward zones, and potential reversals. Unlike conventional indicators, **Stock Riders S1** generates its levels at the **opening of the trading day**, allowing traders to plan their trades proactively rather than reacting to market movements. Key Features 1. PowerLane (Risk & Reward Levels) - Defines the **risk-reward ratio** for each trade. - Helps traders set precise **targets and stop-loss levels** based on calculated values. - Ensures that trades are executed with a well-defined strategy. 2. CrownPoint (Target Projection) - Projects the price movement **potential** based on the latest buy or sell signal. - If a **buy signal** is generated, the CrownPoint estimates the level the price might reach. - If a **sell signal** appears, it suggests the probable downside movement. 3. ShieldPoint (Reversal Signal) - Indicates a possible reversal zone. - If the price reaches this level, traders should be cautious, as the trend may **change direction**. - Ideal for **managing open positions**, ensuring timely exits or reversals. 4. ColorChange (Market Reversal Probability) - If the indicator shows a **color change**, it signals a **strong possibility** that the price might move **against the original signal**. - Risk-reward calculations are **adjusted at this level** to account for changing market conditions. How It Works - The **Stock Riders S1** calculates trading levels using the **last two candles' high, low, and open**. - These levels appear **at the market opening** and remain static for the day, ensuring clarity for traders. - **When a trade is initiated**, traders must align their **entry, stop-loss, and target** with PowerLane. - If the **ShieldPoint is hit**, consider **reversing the position** to capitalize on market direction shifts. Recommended Trading Strategy 1. Trade at the Right Time - Enter a position **only after the market opens and levels are displayed**. - Avoid delayed entries; trade as soon as the calculated levels are met. 2. Follow the Risk-Reward Structure* - Always use **PowerLane** to set **target and stop-loss** values. - If the **ShieldPoint is reached**, consider **reversing your trade** instead of holding losses. 3. Daily Time Frame Focus - This indicator is **designed exclusively for daily charts** and should not be used on lower time frames. - After marking the levels, apply them to **stocks in your watchlist** for disciplined trading. Why It’s Special Pre-Market Level Calculation Unlike conventional indicators that rely on past data, **Stock Riders S1** provides actionable trading levels **at market open**, allowing traders to plan their trades in advance. Structured Risk-Reward System The **PowerLane levels** ensure that traders always trade with a clear stop-loss and target, reducing emotional decision-making. Predictive Market SignalCrownPoint, ShieldPoint, and ColorChange work together to highlight **trends, reversals, and high-probability moves**, giving traders a strategic edge. Daily Time Frame Precision Unlike short-term indicators, Stock Riders S1 focuses solely on daily charts, making it ideal for positional and swing traders. Dynamic Adaptation – The levels are recalculated **daily**, adapting to changing market conditions without lagging signals. Important Notes - This indicator is meant for educational purposes only and does not provide financial advice. - **Trading involves risk**, and past performance does not guarantee future results. - It is advisable to use **Stock Riders S1** in conjunction with other market analysis tools and proper risk management strategies. Disclaimer The **Stock Riders S1** indicator is based on historical market data and **mathematical calculations**. While it provides valuable insights into potential price movements, it should not be used as the sole basis for trading decisions. - **Use at your own discretion**, keeping in mind market risks and personal trading strategies. - This indicator is designed for **daily stock market trading only** and should not be applied to other asset classes. - Always conduct independent research before making any trading decisions. Final Thought The **Stock Riders S1** is not just another trading indicator—it’s a **strategic trading tool** designed to help traders stay ahead of market movements. By leveraging its **calculated levels, risk-reward structures, and reversal signals**, traders can **approach the market with confidence and clarity**. Use it wisely, trade with discipline, and let the market ride in your favor!
Pine Script™ indicator
by CandleRiders
Rubotics Supertrend Indicator1. ATR-Based Volatility Signal (ATR Volatility System) This module measures market volatility by computing the current ATR over a specified period and comparing it to a baseline ATR (calculated as an SMA of ATR over a longer lookback period) multiplied by a user-defined threshold. When volatility spikes—i.e. the current ATR exceeds the baseline by the multiplier—a bullish signal (+1) is generated if the bar is upward (close > open), and a bearish signal (–1) if downward. 2. ADX (Average Directional Index) A custom ADX calculation smooths the true range and directional movements over a defined period. The ADX component outputs +1 or –1 based on whether the smoothed ADX exceeds a threshold and which directional movement is dominant, thereby quantifying trend strength. 3. Ichimoku Cloud Signal The Ichimoku system computes the conversion line, base line, and leading spans to assess trend direction and potential support/resistance levels. A bullish signal is issued when the price is above the cloud and bearish when below. 4. MACD Signal The MACD is derived from the difference between fast and slow exponential moving averages along with a signal line. A bullish signal is triggered when the MACD line exceeds the signal line, and a bearish signal when it falls below, providing momentum confirmation. 5. Parabolic SAR Signal Utilizing a dynamic stop-and-reverse algorithm, the Parabolic SAR indicates potential reversals. A bullish signal is generated when price remains above the PSAR, and bearish when below, offering rapid feedback on trend changes. 6. Volume Breakout Signal This volume-based module calculates the average volume over a given period and flags a breakout when current volume exceeds this average by a specified multiplier. The breakout signal is directional—bullish if the bar is up and bearish if down—capturing significant market moves driven by volume surges. 7. MFI (Money Flow Index) Confirmation The MFI integrates price and volume data to gauge money flow. Readings above 50 yield a bullish signal while those below 50 produce a bearish signal, reinforcing the composite assessment of market conditions. Composite Signal & System Integration Each module outputs a discrete signal (+1, –1, or 0), and these are aggregated into a composite score. The system is fully modular—each component can be enabled or disabled, and thresholds can be set for the minimum number of signals required to trigger a buy or sell. This comprehensive fusion of volatility, trend strength, momentum, and volume factors provides a robust multi-dimensional view of market dynamics. Visualization & Engineering Advantages Additional visual elements include a SuperTrend-style trailing stoploss and a trend table that concisely presents the status of each component along with the overall composite score. The design leverages modularity and dynamic assessment techniques to deliver adaptive, responsive signals in various market conditions.
Pine Script™ indicator
by Rubotics