EMA 8/13/21 Golden TriangleDescription:
The "EMA Golden Triangle" indicator is a powerful tool for identifying potential trend reversals and continuations, based on the principles of Exponential Moving Averages (EMAs) and the revered Fibonacci sequence. This indicator plots three key EMAs:
EMA 8 (Red): A fast-moving average, highly responsive to recent price changes.
EMA 13 (Orange): A medium-term average, balancing responsiveness and stability.
EMA 21 (Yellow): A slower-moving average, representing the longer-term trend.
Fibonacci and Trading:
EMA lengths (8, 13, 21) are derived from the Fibonacci sequence, often observed in financial markets. Traders use Fibonacci numbers and ratios to identify potential support/resistance, retracements, and extensions. Using these Fibonacci numbers for the EMAs aims to align the indicator with potential market turning points.
How to Use the Indicator:
The indicator identifies "Golden Triangle" formations:
Bullish Golden Triangle: EMA 8 > EMA 13 > EMA 21, and EMA 8 and EMA 13 crossover EMA 21. Signals a potential uptrend. A green triangle appears below the bar, with a light green background.
Bearish Golden Triangle: EMA 8 < EMA 13 < EMA 21, and EMA 8 and EMA 13 cross under EMA 21. Signals a potential downtrend. A red triangle appears above the bar, with a light red background.
This indicator can be particularly useful on lower timeframes for scalping and day trading, where quick reactions to price changes are crucial. On these timeframes:
Lower Timeframes (1-min, 5-min, 15-min):
More Signals: More frequent Golden Triangles, but also more false signals.
Price Action: Confirming candlestick patterns.
Support/Resistance: Avoid significant levels that could invalidate the signal.
Volume: Higher volume strengthens the signal.
Other Indicators: Use RSI, MACD, or Supertrend for confirmation.
Tight Stop Losses: Essential due to potential whipsaws.
Backtest Thoroughly: Test with historical data before live trading.
Alerts:
Built-in alerts for bullish and bearish formations.
Disclaimer:
No indicator is perfect. Past performance doesn't guarantee future results. Use proper risk management and integrate this indicator into a broader strategy.
Exponential Moving Average (EMA)
Dynamic Reversal ZonesDynamic Reversal Zones – Indicator Overview and Strategy
(Thanks to BigBeluga for the "Range Breakout " script. I used it to inspire the addition of a range breakout functionality)
This comprehensive indicator combines two powerful tools: Dynamic Reversal Zones and Range Breakout. It is designed to help traders identify dynamic support and resistance zones, spot breakout opportunities, and capture reversal signals with clear visual cues. By leveraging both the dynamic zones and the breakout channel, you can gain a deeper understanding of market structure and set up high-probability trades.
Dynamic Reversal Zones
How It Works – Band Calculations:
Primary Bands (High Band and Low Band):
The indicator calculates a base using a simple moving average (SMA) over a user-defined period. A multiple of the standard deviation is then added and subtracted from this base to generate the high band and low band. These levels represent key areas where price has historically encountered resistance (high band) or support (low band).
Secondary Bands (Upper Band and Lower Band):
A second set of bands is calculated using a shorter SMA (the "media"). By adding and subtracting the corresponding standard deviation, the indicator forms the upper band and lower band. These secondary bands help refine the dynamic zones, pinpointing more precise reversal areas.
Signal Generation:
SELL Signal:
A sell signal is triggered when the price overshoots the upper zones (either the high band or upper band) and then reverses by closing below these levels with a bearish candle. This behavior suggests an overextension on the upside and a potential reversal.
BUY Signal:
Conversely, a buy signal occurs when the price falls below the lower zones and then recovers, with a bullish candle that closes above both the low band and the lower band. This indicates that the price has oversold and is likely to reverse upward.
How to Use Dynamic Reversal Zones:
Identify Reversal Opportunities:
Use the dynamically calculated bands as support and resistance levels. Look for price overextensions that then reverse back within the zones to identify potential trade entries.
Entry and Exit Strategies:
For BUY entries, consider entering after a confirmed bullish reversal when the price recovers from oversold conditions. For SELL entries, wait for a bearish reversal from an overextended high. Placing stop losses just beyond the respective zone boundaries helps manage risk.
Confluence with Other Tools:
Enhance your trading by confirming signals with momentum indicators (e.g., RSI, MACD), volume analysis, or higher timeframe trendlines. Additionally, combining these zones with pivot points or Fibonacci retracements can refine your entry and exit levels.
Range Breakout
How It Works – Channel-Based Calculations:
Dynamic Channel Formation:
The Range Breakout component creates a dynamic channel based on an ATR (Average True Range) calculation. It automatically establishes upper and lower bands, along with a midline, by applying a multiplier to a smoothed ATR. These boundaries define the current price range and help identify breakout opportunities.
Breakout Detection and Reset:
When the price breaks above the upper band or below the lower band—or if a certain number of bars occur outside the channel—the indicator resets the channel using the current price as the new center. This dynamic reset allows traders to monitor evolving price ranges and adapt to changing market conditions.
Visual Signals:
Channel Plot Appearance:
The channel is drawn on the chart with customizable color and transparency settings. Users can control the appearance of the channel plots (midline, upper, and lower bands) through dedicated inputs, ensuring that the indicator blends seamlessly with your chart style.
Breakout Signals and Fakeouts:
The indicator also marks breakout signals when the price reverses after testing the channel boundaries. Additionally, it can highlight potential fakeout scenarios where the price briefly breaks the channel without sustaining the move. These visual signals help traders distinguish between genuine breakouts and false moves.
How to Use Range Breakout:
Identifying Opportunities:
Watch for candles that test or exceed the channel boundaries and then reverse, as this can indicate a breakout followed by a retest of the channel. Such setups may provide opportunities to enter trades at attractive risk-reward levels.
Complementary Tool:
When used together with the Dynamic Reversal Zones, the Range Breakout component adds another layer of confirmation. For instance, a reversal signal from the dynamic zones that coincides with a channel breakout or retest may offer enhanced trade validation.
Customization & Best Practices
Customization:
Both sections of the indicator offer a wide range of adjustable parameters—including periods, multipliers, line styles, colors, and opacities—allowing you to tailor the tool to various markets and timeframes, whether you are scalping or swing trading.
Confluence Setups:
For increased reliability, combine the signals from these components with other technical indicators (such as RSI, MACD, volume, and trendlines). Confirming breakouts, reversals, and fakeout scenarios using multiple methods can significantly improve your trade outcomes.
Risk Management:
Always apply sound risk management techniques. Use stop losses just beyond the dynamic zones or channel boundaries to protect against false signals. Backtest different configurations to determine the optimal settings for your trading style.
By integrating the Dynamic Reversal Zones and Range Breakout into a single indicator, traders gain a comprehensive view of market structure—enabling them to spot high-probability reversal and breakout opportunities. Experiment with the settings, combine these tools with complementary technical analysis methods, and always adhere to strict risk management principles for the best trading results.
Happy Trading!
Sniper TradingSniper Trader Indicator Overview
Sniper Trader is a comprehensive trading indicator designed to assist traders by providing valuable insights and alerting them to key market conditions. The indicator combines several technical analysis tools and provides customizable inputs for different strategies and needs.
Here’s a detailed breakdown of all the components and their functions in the Sniper Trader indicator:
1. MACD (Moving Average Convergence Divergence)
The MACD is a trend-following momentum indicator that helps determine the strength and direction of the current trend. It consists of two lines:
MACD Line (Blue): Calculated by subtracting the long-term EMA (Exponential Moving Average) from the short-term EMA.
Signal Line (Red): The EMA of the MACD line, typically set to 9 periods.
What does it do?
Buy Signal: When the MACD line crosses above the signal line, it generates a buy signal.
Sell Signal: When the MACD line crosses below the signal line, it generates a sell signal.
Zero Line Crossings: Alerts are triggered when the MACD line crosses above or below the zero line.
2. RSI (Relative Strength Index)
The RSI is a momentum oscillator used to identify overbought or oversold conditions in the market.
Overbought Level (Red): The level above which the market might be considered overbought, typically set to 70.
Oversold Level (Green): The level below which the market might be considered oversold, typically set to 30.
What does it do?
Overbought Signal: When the RSI crosses above the overbought level, it’s considered a signal that the asset may be overbought.
Oversold Signal: When the RSI crosses below the oversold level, it’s considered a signal that the asset may be oversold.
3. ATR (Average True Range)
The ATR is a volatility indicator that measures the degree of price movement over a specific period (14 bars in this case). It provides insights into how volatile the market is.
What does it do?
The ATR value is plotted on the chart and provides a reference for potential market volatility. It's used to detect flat zones, where the price may not be moving significantly, potentially indicating a lack of trends.
4. Support and Resistance Zones
The Support and Resistance Zones are drawn by identifying key swing highs and lows over a user-defined look-back period.
Support Zone (Green): Identifies areas where the price has previously bounced upwards.
Resistance Zone (Red): Identifies areas where the price has previously been rejected or reversed.
What does it do?
The indicator uses swing highs and lows to define support and resistance zones and highlights these areas on the chart. This helps traders identify potential price reversal points.
5. Alarm Time
The Alarm Time feature allows you to set a custom time for the indicator to trigger an alarm. The time is based on Eastern Time and can be adjusted directly in the inputs tab.
What does it do?
It triggers an alert at a user-defined time (for example, 4 PM Eastern Time), helping traders close positions or take specific actions at a set time.
6. Market Condition Display
The Market Condition Display shows whether the market is in a Bullish, Bearish, or Flat state based on the MACD line’s position relative to the signal line.
Bullish (Green): The market is in an uptrend.
Bearish (Red): The market is in a downtrend.
Flat (Yellow): The market is in a range or consolidation phase.
7. Table for Key Information
The indicator includes a customizable table that displays the current market condition (Bull, Bear, Flat). The table is placed at a user-defined location (top-left, top-right, bottom-left, bottom-right), and the appearance of the table can be adjusted for text size and color.
8. Background Highlighting
Bullish Reversal: When the MACD line crosses above the signal line, the background is shaded green to highlight the potential for a trend reversal to the upside.
Bearish Reversal: When the MACD line crosses below the signal line, the background is shaded red to highlight the potential for a trend reversal to the downside.
Flat Zone: A flat zone is identified when volatility is low (ATR is below the average), and the background is shaded orange to signal periods of low market movement.
Key Features:
Customizable Time Inputs: Adjust the alarm time based on your local time zone.
User-Friendly Table: Easily view market conditions and adjust display settings.
Comprehensive Alerts: Receive alerts for MACD crossovers, RSI overbought/oversold conditions, flat zones, and the custom alarm time.
Support and Resistance Zones: Drawn automatically based on historical price action.
Trend and Momentum Indicators: Utilize the MACD and RSI for identifying trends and market conditions.
How to Use Sniper Trader:
Set Your Custom Time: Adjust the alarm time to match your trading schedule.
Monitor Market Conditions: Check the table for real-time market condition updates.
Use MACD and RSI Signals: Watch for MACD crossovers and RSI overbought/oversold signals.
Watch for Key Zones: Pay attention to the support and resistance zones and background highlights to identify market turning points.
Set Alerts: Use the built-in alerts to notify you of buy/sell signals or when it’s time to take action at your custom alarm time.
EMA + VWAP + RSI + MACD + Current Price - PanelEMA + VWAP + RSI + MACD + Current Price - Panel
9/21 ema cross
8/20 ema cross
Panel that shows bearish or bullish
Full Logic (Indicator)Hey Guys, After about 20 Hours of tweaking and using AI assistance with Coding Nomenclature, I have transferred over my personal Strategy into a Indicator. I have only used this on NQ and Crude Oil. Had the system back test this strategy and it was profitable. Now my recommendation is to use this on the 5 Min, during Volatility. THIS IS FOR TREND TRADERS. For super scalping, refer to my other indicator. I promise you this will make life much easier. If you want one home run or two decent 10 candle trades, use this indicator.
Dot indicator (UC)UCs dot indicator.
Overall Utility
This indicator is ideal for traders seeking a layered approach to technical analysis. It fuses a sophisticated multi-stock momentum signal with intuitive visual elements, enabling you to monitor market dynamics at a glance while maintaining the flexibility to adjust parameters for your trading strategy.
EMA ivis Breakout StrategyA proven strategy combines exponential moving averages (EMAs) with a breakout filter to trade only in clear market trends. I originally developed this for BTCUSD, but it also works well with other assets.
Exit Rules:
Stop-Loss: 1.5 times the ATR below/above the entry price.
Take-Profit: 2 times the ATR above/below the entry point.
Time Filter:
The indicator provides signals only during the defined trading hours. You can adjust these settings manually.
This strategy is best applied in the 15-minute timeframe.
Eine bewährte Strategie kombiniert gleitende Durchschnitte (EMAs) mit einem Breakout-Filter, um nur bei klaren Markttrends zu handeln. Entwickelt habe ich diese für BTCUSD, funktioniert aber auch in anderen Assets.
Ausstiegsregeln:
Für den Stop-Loss: 1,5-fache ATR unterhalb/oberhalb des Einstiegskurses.
Für den Take-Profit: 2-fache ATR über/unter dem Einstiegspunkt
Zeit Filter:
Der Indikator liefert nur in der definierten Handelszeit Signale. Diese können SIe selbstständig in den Einstellungen verändern.
Die Strategie kann man bestens in 15min anwenden. :-)
Triple Moving Average by XeodiacBest indicator for Moving Averages . In finance, a moving average (MA) is a stock indicator commonly used in technical analysis. The reason for calculating the moving average of a stock is to help smooth out the price data by creating a constantly updated average price.
By calculating the moving average, the impacts of random, short-term fluctuations on the price of a stock over a specified time frame are mitigated. Simple moving averages (SMAs) use a simple arithmetic average of prices over some timespan, while exponential moving averages (EMAs) place greater weight on more recent prices than older ones over the time period.
Our indicator includes 4 MA modes which is SMA, SMMA, EMA and WMA. You can customize to any period of the MA line you want, any colours, any line pattern, thickness and so on. You will get 3 MA lines as default with this indicator. Why wait? Apply the indicator directly to your chart now and start winning!
MA Ribbon Grid 2-20 multi TFA powerful indicator for building a grid of moving averages with different parameters and timeframe. The settings are intuitive, so I don't see the point in writing more
... most likely, this script will be deleted by the moderators, so if you want to use it, then save the pine-code for yourself.
Bar Color - Moving Average Convergence Divergence [nsen]The Pine Script you've provided creates a custom indicator that utilizes the MACD (Moving Average Convergence Divergence) and displays various outputs, such as bar color changes based on MACD signals, and a table of data from multiple timeframes. Here's a breakdown of how the script works:
1. Basic Settings (Input)
• The script defines several user-configurable parameters, such as the MACD values, bar colors, the length of the EMA (Exponential Moving Average) periods, and signal smoothing.
• Users can also choose timeframes to analyze the MACD values, like 5 minutes, 15 minutes, 1 hour, 4 hours, and 1 day.
2. MACD Calculation
• It uses the EMA of the close price to calculate the MACD value, with fast_length and slow_length representing the fast and slow periods. The signal_length is used to calculate the Signal Line.
• The MACD value is the difference between the fast and slow EMA, and the Signal Line is the EMA of the MACD.
• The Histogram is the difference between the MACD and the Signal Line.
3. Plotting the Histogram
• The Histogram values are plotted with colors that change based on the value. If the Histogram is positive (rising), it is colored differently than if it's negative (falling). The colors are determined by the user inputs, for example, green for bullish (positive) signals and red for bearish (negative) signals.
4. Bar Coloring
• The bar color changes based on the MACD's bullish or bearish signal. If the MACD is bullish (MACD > Signal), the bar color will change to the color defined for bullish signals, and if it's bearish (MACD < Signal), the bar color will change to the color defined for bearish signals.
5. Multi-Timeframe Data Table
• The script includes a table displaying the MACD trend for different timeframes (e.g., 5m, 15m, 1h, 4h, 1d).
• Each timeframe will show a colored indicator: green (🟩) for bullish and red (🟥) for bearish, with the background color changing based on the trend.
6. Alerts
• The script has alert conditions to notify the user when the MACD shows a bullish or bearish entry:
• Bullish Entry: When the MACD turns bullish (crosses above the Signal Line).
• Bearish Entry: When the MACD turns bearish (crosses below the Signal Line).
• Alerts are triggered with custom messages such as "🟩 MACD Bullish Entry" and "🟥 MACD Bearish Entry."
Key Features:
• Customizable Inputs: Users can adjust the MACD settings, histogram colors, and timeframe options.
• Visual Feedback: The color changes of the histogram and bars provide instant visual cues for bullish or bearish trends.
• Multi-Timeframe Analysis: The table shows the MACD trend across multiple timeframes, helping traders monitor trends in different timeframes.
• Alert Conditions: Alerts notify users when key MACD crossovers occur.
3x Supertrend + EMA200 Signal Buy/Sell [nsen]The indicator uses signals from three Supertrend lines to determine whether to trade Buy or Sell, with the assistance of a moving average for bias.
Buy/Sell signals are generated when the conditions are met:
A Buy signal is triggered when all three Supertrend lines indicate a bullish trend and are above the EMA.
A Sell signal is triggered when all three Supertrend lines indicate a bearish trend and are below the EMA.
Indicator ใช้สัญญาณจาก Supertrend ทั้งหมด 3 เส้น โดยใช้ในการกำหนดว่าจะเลือกเทรด Buy หรือ Sell โดยการใช้ moveing average เข้ามาช่วยในการ bias
แสดงสัญญาณ Buy/Sell เมื่อเข้าเงื่อนไข
- Supertrend ทั้ง 3 เส้นเป็นสัญญาณ Bullish และอยู่เหนือเส้น EMA จะเปิดสัญญาณ Buy
- Supertrend ทั้ง 3 เส้นเป็นสัญญาณ Bearish และอยู่ใต้เส้น EMA จะเปิดสัญญาณ Sell
Fibonacci Rainbow EMAs & 55/144 CrossThe "Fibonacci Rainbow EMAs & 50/200 Cross" indicator is a powerful tool for visualizing price trends and identifying potential trading opportunities. It combines two key components: a Fibonacci-based EMA rainbow and a moving average crossover system.
Fibonacci Rainbow EMAs:
This indicator plots seven Exponential Moving Averages (EMAs) based on Fibonacci numbers: 8, 13, 21, 55, 89, 144, and 233. These EMAs are color-coded in a rainbow sequence (Red, Orange, Yellow, Green, Aqua, Blue, Purple) to provide a clear visual representation of the short-term, medium-term, and long-term price trends. The rainbow effect helps traders quickly assess the overall market direction and identify potential support and resistance levels. When the EMAs are aligned in the correct order (8 above 13, 13 above 21, etc.), it suggests a strong uptrend. The opposite order suggests a downtrend. Compression of the rainbow suggests consolidation, while expansion suggests increasing volatility.
55/144 EMA Cross Detection:
In addition to the rainbow, the script detects and visually highlights crossovers between the 55-period EMA and the 144-period EMA.
Bullish Cross: When the 55-period EMA crosses above the 144-period EMA, a green upward-pointing triangle is plotted below the bar. This signals a potential shift towards bullish momentum.
Bearish Cross: When the 55-period EMA crosses below the 144-period EMA, a red downward-pointing triangle is plotted above the bar. This signals a potential shift towards bearish momentum.
Alerts:
The indicator includes customizable alerts for both bullish and bearish crossovers. These alerts can be configured within TradingView to notify you when a crossover occurs, allowing you to react quickly to potential trading opportunities. The alert messages specifically state which EMAs have crossed (55 and 144).
Key Features:
Visual Trend Identification: The rainbow EMAs provide a clear, color-coded view of the trend.
Crossover Signals: The 55/144 EMA crossovers generate potential buy and sell signals.
Customizable Alerts: Real-time alerts keep you informed of significant market events.
Fibonacci Sequence: The use of Fibonacci numbers for EMA lengths adds a mathematical basis often considered significant in market analysis.
How to Use:
Use the EMA rainbow to identify the overall trend direction.
Look for 55/144 EMA crossovers as potential entry or exit points.
Combine the indicator with other technical analysis tools for confirmation.
Customize the alerts to fit your trading style.
Disclaimer: This indicator is for informational and educational purposes only and should not be considered financial advice. Trading involves risk, and 1 past performance is not indicative of future results. Always do your own research and consult with a qualified financial advisor before making any investment decision.
Rainbow EMAs & 50/200 cross w/ alertsRainbow EMAs & 50/200 cross w/ alerts
This indicator provides a visually appealing and informative way to track key moving averages and identify potential trend reversals. It combines two powerful tools: a rainbow of Exponential Moving Averages (EMAs) and a 50/200 EMA cross detection system.
Key Features
Rainbow EMAs: The script plots seven EMAs with distinct, vibrant colors, creating a "rainbow" effect on your chart:
8-period EMA (Red)
13-period EMA (Orange)
21-period EMA (Yellow)
50-period EMA (Green)
100-period EMA (Aqua)
200-period EMA (Blue)
800-period EMA (Purple)
This rainbow visualization helps quickly assess the short, medium, and long-term trends. The order and spacing of the EMAs provide insights into the strength and direction of the current price action. Faster EMAs (8, 13, 21) react quickly to price changes, while slower EMAs (200, 800) represent longer-term trends.
50/200 EMA Cross Detection: The indicator specifically highlights the crucial crossover events between the 50-period EMA and the 200-period EMA. These crosses are widely recognized as significant signals:
50/200 EMA Cross Detection: The indicator specifically highlights the crucial crossover events between the 50-period EMA and the 200-period EMA. These crosses are widely recognized as significant signals:
Golden Cross (Bullish): When the 50 EMA crosses above the 200 EMA, it's considered a bullish signal, suggesting a potential uptrend. A green triangle is plotted below the bar to mark this event.
Death Cross (Bearish): When the 50 EMA crosses below the 200 EMA, it's considered a bearish signal, suggesting a potential downtrend. A red triangle is plotted above the bar to mark this event.
Alerts: Built in alerts that notify you when a Golden Cross or a Death Cross occurs.
Offset: All shapes for crosses are offset by -1.
How to Use:
Trend Identification: Observe the overall slope and order of the rainbow EMAs. An upward slope with faster EMAs above slower EMAs suggests an uptrend. A downward slope with faster EMAs below slower EMAs suggests a downtrend.
Support and Resistance: The EMAs can act as dynamic support and resistance levels. Look for price to bounce off or be rejected by these lines.
Cross Signals: Use the 50/200 EMA crosses as confirmation signals for potential trend changes. Consider other technical indicators and price action for further confirmation before making trading decisions.
Disclaimer: This indicator is for informational and educational purposes only and should not be considered financial advice. Trading involves risk, and 1 past performance is not indicative of future results. Always do your own research and consult with a qualified financial advisor before making any investment decision.
Triple Moving Average by KelvinTriple Moving Average by Kelvin.
In finance, a moving average (MA) is a stock indicator commonly used in technical analysis. The reason for calculating the moving average of a stock is to help smooth out the price data by creating a constantly updated average price.
By calculating the moving average, the impacts of random, short-term fluctuations on the price of a stock over a specified time frame are mitigated. Simple moving averages (SMAs) use a simple arithmetic average of prices over some timespan, while exponential moving averages (EMAs) place greater weight on more recent prices than older ones over the time period.
Moving averages are calculated to identify the trend direction of a stock or to determine its support and resistance levels. It is a trend-following or lagging indicator because it is based on past prices.
The longer the period for the moving average, the greater the lag. A 200-day moving average will have a much greater degree of lag than a 20-day MA because it contains prices for the past 200 days. Fifty-day and 200-day moving average figures are widely followed by investors and traders and are considered to be important trading signals.
Investors may choose different periods of varying lengths to calculate moving averages based on their trading objectives. Shorter moving averages are typically used for short-term trading, while longer-term moving averages are more suited for long-term investors.
How to use this indicator?
So in this indicator, you can customize three of the moving averages like changing their colour, changing the thickness, choose any moving averages mode smma, ema, sma and wma. Just apply directly to the chart and customize yourself.
Why use this indicator?
It let you customize with your creativity. Any ideas you have you can just change it directly in the settings. You can also change to any moving average period you want. Isn't it awesome?
We will update more customizable settings in the future to let our user get their most comfort moving averages.
KC+ST+FLI+EMAKC+ST+FLI+EMA
This indicator can be used for double confirmation of tend using super trend and follow line indicators. It also check ema crossover for confirmation. One can use this with volume and momentum indicator .
Keltner Channels (KC)
The Keltner Channels (KC) indicator is a banded indicator similar to Bollinger Bands and Moving Average Envelopes. They consist of an Upper Envelope above a Middle Line as well as a Lower Envelope below the Middle Line. The Middle Line is a moving average of price over a user-defined time period.
Basis = 20 Period EMA
Upper Envelope = 20 Period EMA + (2 X ATR)
Lower Envelope = 20 Period EMA - (2 X ATR)
What to look for
Trend Confirmation
During a Bullish Trend, a breakthrough above the upper envelope can be seen as a sign of strength and the uptrend is likely to continue.
During a Bearish Trend, a breakthrough below the lower envelope can be seen as a sign of strength and the downtrend is likely to continue.
Overbought and Oversold
When a market is choppy or trading sideways, Keltner Channels can be useful for identifying overbought and oversold conditions. These conditions can typically lead to price corrections where price moves back towards the moving average (Middle Line).
SuperTrend
Supertrend is ATR based tailing stop loss indicator.
It enters long whenever Supertrend changes its position from being above the chart to being below, and enters short when the opposite happens.
Follow Line Indicator
Follow Line Indicator is a trend following indicator. The blue or red lines are activated when price closes above the upper bollinger band and below lower one.
Exponential Moving Average (EMA)
The Exponential Moving Average (EMA) is a specific type of moving average that points towards the importance of the most recent data and information from the market. The Exponential Moving Average is just like it’s name says - it’s exponential, weighting the most recent prices more than the less recent prices. The EMA can be compared and contrasted with the simple moving average.
This can be used as crossover of triple ema or double ema. Like cross of 10ema and 50 ema as short term trend. and cross of 50 ema and 200 ema as long term trend.
The Money Printer v3🚀 Say goodbye to stress and second-guessing! This algorithmic strategy is built to spot high-probability trades, manage risk dynamically, and let the trends do the heavy lifting. Whether you're catching breakouts or riding strong trends, this strategy adapts to market conditions so you can trade smarter, not harder.
🔥 What Makes It Tick?
✅ EMA Crossover Strategy – Identifies trend shifts so you’re trading with momentum, not against it.
✅ MACD Confirmation – Helps avoid weak trends by ensuring momentum is in your favor.
✅ RSI Filter – No chasing tops or selling bottoms—just smart, calculated entries.
✅ ATR-Based Stop-Loss & Trailing Stop – Adjusts dynamically to market volatility.
✅ Volume Surge Filter (Optional) – Want to trade with the whales? This filter helps confirm big moves.
✅ Position Sizing on Autopilot – Risk per trade is calculated based on equity for smarter capital allocation.
📊 How It Works:
🔹 Long Entries: Triggered when EMAs cross bullishly, RSI confirms strength, and MACD aligns.
🔹 Short Entries: Triggered when EMAs cross bearishly, RSI confirms weakness, and MACD signals momentum shift.
🔹 Dynamic Stop-Loss & Trailing Stop: Uses ATR to adapt to price action and volatility.
🔹 Volume Filter (Optional): Can be turned on to confirm institutional participation.
⚠️ Trading Smart, Not Reckless
This strategy is designed to enhance decision-making, but remember—markets are unpredictable. Backtest, tweak settings, and use proper risk management before live trading.
💎 Why Use It?
✔️ Reduces Emotional Trading – Signals based on logic, not FOMO.
✔️ Works on Any Timeframe – Scalping, swing trading, position trading—it adapts.
✔️ Let the Market Work for You – Spot trends, ride momentum, and manage risk automatically.
Ready to level up your strategy? Plug it into TradingView and let the signals roll in! 🚀💰
This keeps it fun and engaging while following TradingView’s rules. Let me know if you want any tweaks! 🎯🔥
Antony Moving Average (AMA)EMA 9 (Blue), EMA 20 (Red), SMA 65 (Green), and SMA 200 (Yellow). Most times the stock respects 65 instead of 50 and so choosing 65 helps in better results.
EMA Crypto StrategyEMA Crypto Strategy
📈 Overview:
The EMA Crypto Strategy is a simple yet effective trading strategy that leverages Exponential Moving Averages (EMAs) and RSI to identify potential buy and sell opportunities. Designed for crypto traders, this strategy helps catch trend reversals and momentum shifts with clear entry and exit signals.
🔹 Key Features:
✅ EMA Crossovers – Uses a 9-period Short EMA and a 21-period Long EMA to detect trend changes.
✅ RSI Confirmation – Incorporates a 14-period RSI to filter out false signals, ensuring trades align with momentum.
✅ Buy & Sell Labels – Visually marked BUY (green) and SELL (red) signals directly on the chart.
✅ Background Highlights – Automatically shades buy/sell zones for better visibility.
✅ Alerts Integration – Set alerts for buy and sell signals so you never miss an opportunity.
🔹 How It Works:
📌 BUY Signal:
The Short EMA (9) crosses above the Long EMA (21).
RSI is above oversold (30) but below overbought (70) (optional filter).
📌 SELL Signal:
The Short EMA (9) crosses below the Long EMA (21).
RSI is below overbought (70) but above oversold (30) (optional filter).
🔹 Best Timeframes & Markets:
📌 Works well for crypto, forex, and stocks.
📌 Recommended timeframes: 5M, 15M, 1H, and 4H.
💡 Tip: Combine this strategy with volume analysis and support/resistance levels for even stronger confirmations.
🚀 Try it out and optimize it for your own trading style! Let us know in the comments how it works for you.
Squeeze Momentum Indicator with Entry Tactics### **Squeeze Momentum Indicator with Stacked EMAs**
#### **Description:**
This indicator is an enhanced version of the **Squeeze Momentum Indicator** (originally by John Carter and later modified by LazyBear). It identifies **periods of consolidation (squeeze)** and signals potential **explosive price moves** when momentum shifts. The added **stacked EMA concept** further refines entry signals by confirming trend strength. This is also an update to version 6 of PineScript
#### **How to Use:**
The indicator provides **three different entry tactics**, allowing traders to choose signals based on their strategy:
1. **Inside Day Pattern** – Detects inside candles, which indicate potential breakouts when volatility contracts.
2. **Consecutive Black Crosses (Squeeze Signal)** – A certain number of black crosses (low volatility periods) suggests a strong move is coming.
3. **Stacked EMA Concept** – When the **8 EMA > 21 EMA > 34 EMA**, combined with a momentum shift from negative to positive, it signals a **high-probability bullish entry**.
#### **Visual Cues:**
- **Histogram Bars**: Show momentum (green for increasing bullish, red for increasing bearish).
- **Black & Gray Dots**: Represent different squeeze states (low volatility vs. breakout conditions).
- **🔥 Bullish Label**: Appears when the stacked EMAs align and momentum shifts from negative to positive.
#### **Best Practices:**
- Look for **momentum shifts during a squeeze** for high-probability trades.
- Use **stacked EMAs as trend confirmation** before entering.
- Combine with **price action and volume analysis** for additional confluence.
This indicator helps traders **anticipate major price moves** rather than react, making it a powerful tool for trend-following and breakout strategies. 🚀
ORB-5Min + Adaptive 12/48 EMA + PDH/PDL
Overview:
This indicator combines the 5-Minute Opening Range Breakout (ORB), Adaptive 12/48 Exponential Moving Averages (EMAs), and Previous Day High/Low (PDH/PDL) levels to help traders identify key intraday levels and market trends.
Key Components and Logic:
5-Minute Opening Range Breakout (ORB):
Displays the high and low from the first 5-minute candle of the trading session.
Includes customizable opacity for the range fill.
Helps traders spot breakout opportunities and key support/resistance zones.
Adaptive 12/48 EMA System:
Displays EMAs for 9, 12, 48, and 200 periods.
The 12 EMA changes color based on whether the price is entirely above or below it.
The 48 EMA changes color depending on its relationship with the 12 EMA.
Provides dynamic trend identification and potential entry/exit signals.
Previous Day High/Low (PDH/PDL):
Displays the previous day’s high and low levels.
Useful for tracking key intraday support/resistance levels and potential reversal points.
Summary:
This script stands out by blending three popular intraday tools into a single comprehensive indicator. The combined visualization provides a layered market context that assists traders in making informed decisions quickly. The color-adaptive EMAs add clarity to trend direction, while the ORB and PDH/PDL levels highlight significant price zones for breakout or reversal trades.
How to Use:
Breakout Trades: Watch for price breaks above the ORB high or below the ORB low, especially when supported by EMA trends.
Trend Confirmation: Use the color-adaptive 12/48 EMA system to gauge momentum and market direction.
Reversal or Continuation: Observe how price reacts around PDH/PDL levels, especially if confluence with EMAs occurs.
This indicator is suitable for day traders seeking a clear and efficient way to track market structure, identify trends, and spot potential trade opportunities during regular market hours.
Adaptive 12/48 EMAThe Adaptive 12/48 EMA is a trend-following indicator that dynamically changes color based on price positioning relative to key exponential moving averages (EMAs).
EMA Calculation:
The script calculates three EMAs—9 EMA (white), 12 EMA (adaptive color), and 48 EMA (adaptive color).
Trend Confirmation:
The 12 EMA turns green when the price (open, close, and low) is fully above it, indicating bullish momentum. The 12 EMA turns red when the price is fully below it, signaling bearish conditions.
Long-Term Trend (48 EMA):
The 48 EMA turns purple when the 12 EMA is above it, confirming an uptrend. The 48 EMA turns pink when the 12 EMA is below it, confirming a downtrend. Both EMAs turn gray when there's no clear trend.
How to Benefit from It:
Trend Trading: Use green/red shifts in the 12 EMA to time entries in the direction of momentum.
Trend Strength Confirmation: The 48 EMA color change helps determine the longer-term trend direction.
Confluence with Other Indicators: Works well with volume indicators or RSI for confirmation before entering trades.
This indicator provides a clear visual representation of trend strength and direction, helping traders make informed decisions based on price structure.
Moneyball EMA-MACD indicator [VinnieTheFish]Summary of the Moneyball EMA-MACD Indicator Script
Author: VinnieTheFish
Purpose:
This indicator helps traders identify trend direction, momentum shifts, and potential trade signals based on EMA and MACD crossovers.
This Pine Script is a custom indicator that combines Exponential Moving Averages (EMAs) and MACD (Moving Average Convergence Divergence) to analyze price trends and momentum. The script uses a custom 9/50 MACD with a 16 smoothing period. The script is written in a way that you can create your own custom MACD settings and create alerts based on those parameters. The chart bars are color coded based on the relative position of the MACD and Signal line primarily for bullish long trade setups.
Bar color coding helps the trader spot potential reversals based on where the price currently resides in relation to the custom 9/50 EMA based MACD and the 16 period smoothing period for the signal line. Indicator also has custom alerts to notify the trader when a potential trade setup exists that correspond with the bar color change.
Question: So why is this called the Moneywell EMA-MACD Indicator?
Answer: In the movie Moneyball the Oakland A's broke down how to win a championship based on data. To make the playoffs you needed so many wins, then broken down by runs and then broken down to base hits. A base hit was good as a walk. With trading often times we look too often for home runs and ignore the importance of getting on base with small wins. This indicator was designed on shorter timeframes to identify those base hits, but can also be adapted to higher timeframes for swing trading.
Key Features:
User Inputs:
Configurable fast and slow lengths for MACD calculation.
Choice between SMA and EMA for oscillator and signal line smoothing.
Customizable signal smoothing length.
EMA Calculation:
Computes 3 EMA, 9 EMA, 20 EMA, and 50 EMA to track short-term and long-term trends.
MACD Calculation:
Computes MACD using either SMA or EMA based on user selection.
Generates the MACD signal line for comparison.
Crossover Conditions:
Detects MACD and Signal line crossovers above and below the zero line.
Identifies price momentum shifts.
Bar Coloring Logic:
Green: MACD is above 0 and above the signal line.
White: MACD is below the signal line.
Orange: MACD is below 0 but above the signal line.
Fuchsia: Bullish EMA 3/9 cross but price is still below the 20/50 EMA.
Alerts for Key Trading Signals:
MACD crossing above/below the zero line.
Signal line crossing above/below the zero line.
MACD reaching new highs/lows.
Alerts for colored bar conditions.
