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COT-Index-NocTradingCOT Index Indicator The COT Index Indicator is a powerful tool designed to visualize the Commitment of Traders (COT) data and offer insights into market sentiment. The COT Index is a measurement of the relative positioning of commercial traders versus non-commercial and retail traders in the futures market. It is widely used to identify potential market reversals by observing the extremes in trader positioning. Customizable Timeframe: The indicator allows you to choose a custom time interval (in months) to visualize the COT data, making it flexible to fit different trading styles and strategies. How to Use: Visualize Market Sentiment: A COT Index near extremes (close to 0 or 100) can indicate potential turning points in the market, as it reflects extreme positioning of different market participant groups. Adjust the Time Interval: The ability to adjust the time interval (in months) gives traders the flexibility to analyze the market over different periods, which can be useful in detecting longer-term trends or short-term shifts in sentiment. Combine with Other Indicators: To enhance your analysis, combine the COT Index with your technical analysis. This tool can serve as an invaluable addition to your trading strategy, providing a deeper understanding of the market dynamics and the positioning of major market participants.
Pine Script® indicator
by NocTrading
DECODE Global Liquidity IndexDECODE Global Liquidity Index 🌊 The DECODE Global Liquidity Index is a powerful tool designed to track and aggregate global liquidity by combining data from the world's 13 largest economies. It offers a comprehensive view of financial liquidity, providing crucial insights into the underlying currents that can influence asset prices and market trends. The economies covered are: United States, China, European Union, Japan, India, United Kingdom, Brazil, Canada, Russia, South Korea, Australia, Mexico, and Indonesia. The European Union accounts for major individual economies within the EU like Germany, France, Italy, Spain, Netherlands, Poland, etc. Key Features: 1. Customizable Liquidity Sources Include Global M2: You can opt to include the M2 money supply from the 13 listed economies. M2 is a broad measure of money supply that includes cash, checking deposits, savings deposits, money market securities, mutual funds, and other time deposits. (Note: Australia uses M3 as its primary measure, which is included when M2 is selected for Australia). Include Central Bank Balance Sheets (CBBS): Alternatively, or in addition, you can include the total assets held by the central banks of these economies. Central bank balance sheets expand or contract based on monetary policy operations like quantitative easing (QE) or tightening (QT). Combined View: If you select both M2 and CBBS, and data is available for both, the indicator will display an average of the two aggregated values. If only one source type is selected, or if data for one type is unavailable despite both being selected, the indicator will display the single available and selected component. This provides flexibility in how you define and analyze global liquidity. 2. Lead/Lag Analysis (Forward Projection): Lead Offset (Days): This feature allows you to project the liquidity index forward by a specified number of days. Why it's useful: Global liquidity changes can often be a leading indicator for various asset classes, particularly those sensitive to risk appetite, like Bitcoin or growth stocks. These assets might lag shifts in liquidity. By applying a lead (e.g., 90 days), you can shift the liquidity data forward on your chart to more easily visualize potential correlations and identify if current asset price movements might be responding to past changes in liquidity. 3. Rate of Change (RoC) Oscillator: Year-over-Year % View: Instead of viewing aggregate liquidity, you can switch to a Year-over-Year (YoY%) Rate of Change (ROC) oscillator. Why it's useful: Momentum Identification: The ROC highlights the speed and direction of liquidity changes. Positive values indicate liquidity is increasing compared to a year ago, while negative values show it's decreasing. Turning Points: Oscillators make it easier to spot potential accelerations, decelerations, or reversals in liquidity trends. A cross above the zero line can signal strengthening liquidity momentum, while a cross below can signal weakening momentum. Cycle Analysis: It helps in assessing the cyclical nature of liquidity provision and its potential impact on market cycles. This indicator aims to provide a clear, customizable, and insightful measure of global liquidity to aid traders and investors in their market analysis.
Pine Script® indicator
by decodejar
1
Momentum Fusion v1Momentum Fusion v1 Overview Momentum Fusion v1 (MFusion) is a multi-oscillator indicator that combines several components to analyze market momentum and trend strength. It incorporates modified versions of classic indicators such as PVI (Positive Volume Index), NVI (Negative Volume Index), MFI (Money Flow Index), RSI, Stochastic, and Bollinger Bands Oscillator. The indicator displays a histogram that changes color based on momentum strength and includes "FUSION🔥" signal labels when extreme values are reached. Indicator Settings Parameters: EMA Length – Smoothing period for the moving average (default: 255). Smoothing Period – Internal calculation smoothing parameter (default: 15). BB Multiplier – Standard deviation multiplier for Bollinger Bands (default: 2.0). Show verde / marron / media lines – Toggles the display of auxiliary lines. Show FUSION🔥 label – Enables/disables signal labels. Indicator Components 1. PVI (Positive Volume Index) Formula: pvi := volume > volume ? nz(pvi ) + (close - close ) / close * sval : nz(pvi ) Description: PVI increases when volume rises compared to the previous bar and accounts for price percentage change. The stronger the price movement with increasing volume, the higher the PVI value. 2. NVI (Negative Volume Index) Formula: nvi := volume < volume ? nz(nvi ) + (close - close ) / close * sval : nz(nvi ) Description: NVI tracks price movements during declining volume. If the price rises on low volume, it may indicate a "stealth" trend. 3. Money Flow Index (MFI) Formula: 100 - 100 / (1 + up / dn) Description: An oscillator measuring money flow strength. Values above 80 suggest overbought conditions, while values below 20 indicate oversold conditions. 4. Stochastic Oscillator Formula: k = 100 * (close - lowest(low, length)) / (highest(high, length) - lowest(low, length)) Description: A classic stochastic oscillator showing price position relative to the selected period's range. 5. Bollinger Bands Oscillator Formula: (tprice - BB midline) / (upper BB - lower BB) * 100 Description: Indicates the price position relative to Bollinger Bands in percentage terms. Key Lines & Histogram 1. Verde (Green Line) Calculation: verde = marron + oscp (normalized PVI) Interpretation: Higher values indicate stronger bullish momentum. A FUSION🔥 signal appears when the value reaches 750+. 2. Marron (Brown Line) Calculation: marron = (RSI + MFI + Bollinger Osc + Stochastic / 3) / 2 Interpretation: A composite oscillator combining multiple indicators. Higher values suggest overbought conditions. 3. Media (Red Line) Calculation: media = EMA of marron with smoothing period Interpretation: Acts as a signal line for trend confirmation. 4. Histogram Calculation: histo = verde - marron Colors: Bright green (>100) – Strong bullish momentum. Light green (>0) – Moderate bullish momentum. Orange (<0) – Bearish momentum. Red (<-100) – Strong bearish momentum. Signals & Alerts 1. FUSION🔥 (Strong Momentum) Condition: verde >= 750 Visualization: A "FUSION🔥" label appears below the chart. Alert: Can be set to trigger notifications when the condition is met. 2. Background Aura Condition: verde > 850 Visualization: The chart background turns teal, indicating extreme momentum. Usage Recommendations FUSION🔥 Signal – Can be used as a long entry point when confirmed by other indicators. Histogram: 1. Green bars – Potential long entry. 2. Red/orange bars – Potential short entry. 3. Media & Marron Crossover – Can serve as an additional trend filter. 4. Suitable for a 5-15 minute time frame Conclusion Momentum Fusion v1 is a powerful tool for momentum analysis, combining multiple indicators into a unified system. It is suitable for: Trend traders (catching strong movements). Scalpers (identifying short-term impulses). Swing traders (filtering entry points). The indicator features customizable settings and visual signals, making it adaptable to various trading styles.
Pine Script® indicator
by Zdorman
Candle/RSI BUY SELLWhy Use Candlesticks? They help traders visualize price action Used in technical analysis and price pattern recognition (e.g., Doji, Engulfing, Hammer) Assist in determining entry and exit points Why Traders Use RSI: To identify potential reversal zones To confirm trend strength To detect divergences between price and momentum Why Combine Candlestick Patterns with RSI? Using Candlestick patterns together with the Relative Strength Index (RSI) enhances trading decisions by combining price action and momentum analysis. Conclusion: Combining RSI with Candlestick patterns allows traders to: Confirm potential reversals Filter false signals Improve entry and exit timing Make more confident and accurate decisions How It Works: RSI Calculation Custom RSI is calculated manually using Wilder's smoothing technique. MA or BB Option User can select whether to apply a smoothing MA or Bollinger Bands to RSI (useful for visual enhancements or custom strategies). Buy/Sell Logic check for: Buy when the current candle is bullish (open <= close) and the previous candle was bearish (open >= close ), AND RSI is ≥ 50. Sell when current candle is bearish and previous was bullish, AND RSI is ≤ 50. Plot Buy/Sell Labels Final Verdict code is: Valid (no syntax errors) Useful (combines candlestick confirmation + RSI strength) Extendable (can add divergence, alerts, etc.) This Timeframe 5 min : XAU
Pine Script® indicator
by dudedicate26
Price Statistical Strategy-Z Score V 1.01 Price Statistical Strategy – Z Score V 1.01 Overview A technical breakdown of the logic and components of the “Price Statistical Strategy – Z Score V 1.01”. This script implements a smoothed Z-Score crossover mechanism applied to the closing price to detect potential statistical deviations from local price mean. The strategy operates solely on price data (close) and includes signal spacing control and momentum-based candle filters. No volume-based or trend-detection components are included. Core Methodology The strategy is built on the statistical concept of Z-Score, which quantifies how far a value (closing price) is from its recent average, normalized by standard deviation. Two moving averages of the raw Z-Score are calculated: a short-term and a long-term smoothed version. The crossover between them generates long entries and exits. Signal Conditions Entry Condition: A long position is opened when the short-term smoothed Z-Score crosses above the long-term smoothed Z-Score, and additional entry conditions are met. Exit Condition: The position is closed when the short-term Z-Score crosses below the long-term Z-Score, provided the exit conditions allow. Signal Gapping: A minimum number of bars (Bars gap between identical signals) must pass between repeated entry or exit signals to reduce noise. Momentum Filter: Entries are prevented during sequences of three or more consecutively bullish candles, and exits are prevented during three or more consecutively bearish candles. Z-Score Function The Z-Score is calculated as: Z = (Close - SMA(Close, N)) / STDEV(Close, N) Where N is the base period selected by the user. Input Parameters Enable Smoothed Z-Score Strategy Enables or disables the Z-Score strategy logic. When disabled, no trades are executed. Z-Score Base Period Defines the number of bars used to calculate the simple moving average and standard deviation for the Z-Score. This value affects how responsive the raw Z-Score is to price changes. Short-Term Smoothing Sets the smoothing window for the short-term Z-Score. Higher values produce smoother short-term signals, reducing sensitivity to short-term volatility. Long-Term Smoothing Sets the smoothing window for the long-term Z-Score, which acts as the reference line in the crossover logic. Bars gap between identical signals Minimum number of bars that must pass before another signal of the same type (entry or exit) is allowed. This helps reduce redundant or overly frequent signals. Trade Visualization Table A table positioned at the bottom-right displays live PnL for open trades: Entry Price Unrealized PnL % Text colors adapt based on whether unrealized profit is positive, negative, or neutral. Technical Notes This strategy uses only close prices — no trend indicators or volume components are applied. All calculations are based on simple moving averages and standard deviation over user-defined windows. Designed as a minimal, isolated Z-Score engine without confirmation filters or multi-factor triggers.
Pine Script® strategy
by ata_sabanci
MTF - Quantum Fibonacci ATR/ADR Levels & Targets V_2.0# Quantum Fibonacci Wave Mechanics v2.0 Release Notes ## 🚀 New Features - Added multi-timeframe alert system for buy/sell signals - Implemented dynamic label management with price values - New mid-level trigger option for additional signals - New EMA trigger option for confirmation signals - Signal bar highlighting option - Customizable line widths for all levels ## 🎨 Visual Improvements - Completely redesigned label system (left-aligned with offsets) - More intuitive input organization - Better color customization options ## ⚙️ Technical Upgrades - Upgraded to Pine Script v6 - Reduced repainting with stricter confirmation checks - Optimized performance with proper variable initialization ## ⚠️ Note for Existing Users - Some color parameters have been renamed - Label positioning has changed (now with configurable offset) - Review new mid-level trigger option in strategy settings ## 🐛 Bug Fixes - Fixed potential repainting issues in signal generation - Improved label cleanup between periods - More robust security function implementation ## ⚠️ Caution for Mid-Level & EMA Signals - Mid-Level Reversals may trigger premature entries in ranging markets. - EMA crossovers can lag; confirm with price action.
Pine Script® indicator
by QuantumTradeInnovator
CAFX Liquidity Pro V1CAFX Liquidity Pro Indicator Precision Engineered for Smart Profit-Taking The CAFX Liquidity Pro Indicator is a powerful trading tool designed to help traders pinpoint high-probability liquidity zones, making it ideal for setting accurate and strategic take profit levels. By identifying where institutional interest is likely to reside, this indicator highlights the areas where price is most likely to react, reverse, or pause—giving you the edge in locking in profits before the market shifts. Whether you're scalping, day trading, or swing trading, the CAFX Liquidity Pro provides clear visual cues that simplify your decision-making process and enhance your trade management. With a focus on precision and reliability, it helps you avoid emotional exits and instead base your take profits on real market behavior and liquidity dynamics. Use CAFX Liquidity Pro to stay one step ahead—because knowing where to exit is just as important as knowing when to enter.
Pine Script® indicator
by connoralexanderfx
1
EMA5/21 + VWAP + MACD HistogramScript Summary: EMA + VWAP + MACD + RSI Strategy Objective: Combine multiple technical indicators to identify market entry and exit opportunities, aiming to increase signal accuracy. Indicators Used: EMAs (Exponential Moving Averages): Periods of 5 (short-term) and 21 (long-term) to identify trend crossovers. VWAP (Volume Weighted Average Price): Serves as a reference to determine if the price is in a fair value zone. MACD (Moving Average Convergence Divergence): Standard settings of 12, 26, and 9 to detect momentum changes. RSI (Relative Strength Index): Period of 14 to identify overbought or oversold conditions. Entry Rules: Buy (Long): 5-period EMA crosses above the 21-period EMA, price is above VWAP, MACD crosses above the signal line, and RSI is above 40. Sell (Short): 5-period EMA crosses below the 21-period EMA, price is below VWAP, MACD crosses below the signal line, and RSI is below 60. Exit Rules: For long positions: When the 5-period EMA crosses below the 21-period EMA or MACD crosses below the signal line. For short positions: When the 5-period EMA crosses above the 21-period EMA or MACD crosses above the signal line. Visual Alerts: Buy and sell signals are highlighted on the chart with green (buy) and red (sell) arrows below or above the corresponding candles. Indicator Plotting: The 5 and 21-period EMAs, as well as the VWAP, are plotted on the chart to facilitate the visualization of market conditions. This script is a versatile tool for traders seeking to combine multiple technical indicators into a single strategy. It can be used across various timeframes and assets, allowing adjustments according to the trader's profile and market characteristics. Juliano Einhardt Ulguim, Brazil, 05/27/2025.
Pine Script® indicator
by JulianoEinhardt
Trucker Doug Master Indicator for Making Money📈 Trucker Doug Master Indicator for Making Money™ This all-in-one indicator was built for speed, clarity, and dominance — designed by a trader, for traders who hate fluff and want to get paid. 🔥 What It Does: TP/SL/R:R Overlay: Automatically plots entry, stop-loss, and 5 take-profit levels (including a "TP LAMBO" target) based on your custom ATR multiplier and risk percentage. Each TP level includes its R:R ratio, so you can instantly see if the trade is worth it. Live Volume Analysis: Displays Relative Volume (RVOL) as a percentage, with color-coded states (red = weak, black = neutral, yellow = increasing, green = explosive). Also shows average volume for context. ATR Value: Dynamically calculated and displayed so you always know your volatility baseline. MACD & RSI Values: Shown in the overlay box for a quick read — no extra indicators cluttering your chart. EMA/SMA Lines: Clean, adjustable moving averages (default: EMA 5, EMA 9, SMA 50) plotted directly on the chart. Fuse Visual Explainer™: Marks EMA 5 crossing EMA 9 (colored dot) and EMA 5 crossing SMA 50 (black X) directly where they intersect. Helps you visually confirm momentum or momentum reversals in real time. ⚙️ Fully Customizable in Settings: Toggle on/off: TP lines, the volume/ATR table, EMA/SMA lines, RSI/MACD display, Fuse visuals. Adjust: TP multipliers (TP1–TP4, Lambo) Stop-loss offset % ATR period Volume average period Line colors for each TP level, SL, entry, and even the R:R label Table text size and position TP/SL line length (how far it stretches left/right) 💡 Why It’s Awesome: No more layering 5 indicators. No more eyeballing risk-to-reward. No more guessing if volume is legit. This is a precision tool for real traders. Built for those who are tired of chart noise and want everything that matters — clean, calculated, and completely in your control.
Pine Script® indicator
by TruckerDoug0331
Parabolic-Fibonacci MA ForecastThis indicator displays a series of projected price levels based on Fibonacci moving averages. For each selected Fibonacci period, it calculates a simple moving average (SMA) and mirrors the distance from the current price to that SMA in the opposite direction, creating a vertical forecast distance. These forecast distances are drawn forward into the future using geometric spacing (squared increments: 1², 2², 3², etc.), creating a fan-like or polyline visual structure. Users can choose between three display modes: Fan: Lines drawn from the current price to projected values at increasing intervals Polyline: Forecast points connected to form a jagged projection path Both: Displays both fan and polyline structures simultaneously Options are provided to adjust the number of Fibonacci lines (up to 12), line width, and colors for lines above/below price or up/down slope. This tool can help visualize directional price tendencies using multiple SMA-based forecasts in a spatially meaningful layout.
Pine Script® indicator
by Tradenometry
1
Linear Regression ForecastDescription: This indicator computes a series of simple linear regressions anchored at the current bar, using look-back windows from 2 bars up to the user-defined maximum. Each regression line is projected forward by the same number of bars as its look-back, producing a family of forecast endpoints. These endpoints are then connected into a continuous polyline: ascending segments are drawn in green, and descending segments in red. Inputs: maxLength – Maximum number of bars to include in the longest regression (minimum 2) priceSource – Price series used for regression (for example, close, open, high, low) lineWidth – Width of each line segment Calculation: For each window size N (from 2 to maxLength): • Compute least-squares slope and intercept over the N most recent bars (with bar 0 = current bar, bar 1 = one bar ago, etc.). • Project the regression line to bar_index + N to obtain the forecast price. Collected forecast points are sorted by projection horizon and then joined: • First segment: current bar’s price → first forecast point • Subsequent segments: each forecast point → next forecast point Segment colors reflect slope direction: green for non-negative, red for negative. Usage: Apply this overlay to any price chart. Adjust maxLength to control the depth and reach of the forecast fan. Observe how shorter windows produce nearer-term, more reactive projections, while longer windows yield smoother, more conservative forecasts. Use the colored segments to gauge the overall bias of the fan at each step. Limitations: This tool is for informational and educational purposes only. It relies on linear regression assumptions and past price behavior; it does not guarantee future performance. Users should combine it with other technical or fundamental analyses and risk management practices.
Pine Script® indicator
by Tradenometry
TP/SL Overlay with Volume/ATR TableThis is a Take Profit and Stop Loss indicator that plots the TP/SL levels, along with the Risk/Reward ratios on the chart similar to an auto fib overlay. These levels are ATR based and are dynamic, based on the current price. It also includes heads-up display that shows the Relative Volume, ATR and several TP levels. All settings and configurations are editable from the settings menu, as well. I created this to make it easier to estimate TP levels without having to pull up a calculator or the "Long" tool that TradingView provides. Hope you like it!
Pine Script® indicator
by TruckerDoug0331
Range Progress TrackerRANGE PROGRESS TRACKER(RPT) PURPOSE This indicator helps traders visually and statistically understand how much of the typical price range (measured by ATR) has already been covered in the current period (Daily, Weekly, or Monthly). It includes key features to assist in trend exhaustion analysis, reversal spotting, and smart alerting. CORE LOGIC The indicator calculates the current range of the selected time frame (e.g., Daily), which is: Current Range = High - Low This is then compared to the ATR (Average True Range) of the same time frame, which represents the average price movement range over a defined period (default is 14). The comparison is expressed as a percentage, calculated with this formula: Range % = (Current Range / ATR) × 100 This percentage shows how much of the “average expected move” has already occurred. WHY IT MATTERS When the current range approaches or exceeds 100% of ATR, it means the price has already moved as much as it typically does in a full session. This indicates a lower probability of continuing the trend with a new high or low, especially when the price is already near the session's high or low. This setup can signal: A possible consolidation phase A reversal in trend The market entering a corrective phase SMART ALERTS The indicator can alert you when: A new high is made after the range percentage exceeds your set threshold. A new low is made after the range percentage exceeds your set threshold. You can adjust the Range % Alert Threshold in the settings to tailor it to your trading style.
Pine Script® indicator
by ebecihalil
Tangent Extrapolation ForecastTangent Extrapolation Forecast This indicator visually projects price direction by drawing a smoothed sequence of tangent lines based on recent price movements. For each bar in a user-defined lookback window, it calculates the slope over a smoothing period and extends the projected price forward. The resulting polyline forecast connect the endpoints of the extrapolations, and is color-coded to reflect directional changes: green for upward moves, red for downward, and gray for flat segments. This tool can assist traders in visualizing short-term momentum and potential trend continuity without introducing artificial future gaps. Inputs: Bars to Use: Number of historical bars used in the forecast. Slope Smoothing Window: The number of bars used to calculate slope for projection. Source: Price input for calculations (default is close). This indicator does not generate buy/sell signals. It is intended as a visual aid to support discretionary analysis.
Pine Script® indicator
by Tradenometry
H2-25 cuts (bp)This custom TradingView indicator tracks and visualizes the implied pricing of Federal Reserve rate cuts in the market, specifically for the second half of 2025. It does so by comparing the price differences between two specific Fed funds futures contracts: one for June 2025 and one for December 2025. These contracts are traded on the Chicago Board of Trade (CBOT) and are a widely-used market gauge of the expected path of U.S. interest rates. The indicator calculates the difference between the implied rates for June and December 2025, and then multiplies the result by 100 to express it in basis points (bps). Each 0.01 change in the spread corresponds to a 1-basis point change in expectations for future rate cuts. A positive value indicates that the market is pricing in a higher likelihood of one or more rate cuts in 2025, while a negative value suggests that the market expects the Fed to hold rates steady or even raise them. The plot represents the difference in implied rate cuts (in basis points) between the two contracts: June 2025 (ZQM2025): A contract representing the implied Fed funds rate for June 2025. December 2025 (ZQZ2025): A contract representing the implied Fed funds rate for December 2025.
Pine Script® indicator
by HK_100kCap
Stochastic RSI with Alerts# Stochastic RSI with Alerts - User Manual ## 1. Overview This enhanced Stochastic RSI indicator identifies overbought/oversold conditions with visual signals and customizable alerts. It features: - Dual-line Stoch RSI (K & D) - Threshold-based buy/sell signals - Configurable alert system - Customizable parameters ## 2. Installation 1. Open TradingView chart 2. Open Pine Editor (📈 icon at bottom) 3. Copy/paste the full code 4. Click "Add to Chart" ## 3. Input Parameters ### 3.1 Core Settings | Parameter | Default | Description | |-----------|---------|-------------| | K | 3 | Smoothing period for %K line | | D | 3 | Smoothing period for %D line | | RSI Length | 14 | RSI calculation period | | Stochastic Length | 14 | Lookback period for Stoch calculation | | RSI Source | Close | Price source for RSI calculation | ### 3.2 Signal Thresholds | Parameter | Default | Description | |-----------|---------|-------------| | Upper Limit | 80 | Sell signal threshold (overbought) | | Lower Limit | 20 | Buy signal threshold (oversold) | ### 3.3 Alert Settings | Parameter | Default | Description | |-----------|---------|-------------| | Enable Buy Alerts | True | Toggle buy notifications | | Enable Sell Alerts | True | Toggle sell notifications | | Custom Alert Message | Empty | Additional text for alerts | ## 4. Signal Logic ### 4.1 Buy Signal (Green ▲) Triggers when: \text{%K crossover %D} \quad AND \quad (\text{%K ≤ Lower Limit} \quad OR \quad \text{%D ≤ Lower Limit}) ### 4.2 Sell Signal (Red ▼) Triggers when: \text{%K crossunder %D} \quad AND \quad (\text{%K ≥ Upper Limit} \quad OR \quad \text{%D ≥ Upper Limit}) ## 5. Alert System ### 5.1 Auto-Generated Alerts The script automatically creates these alert conditions: - **Buy Signal Alert**: Triggers on valid buy signals - **Sell Signal Alert**: Triggers on valid sell signals Alert messages include: - Signal type (Buy/Sell) - Current %K and %D values - Custom message (if configured) ### 5.2 Alert Configuration **Method 1: Script-Generated Alerts** 1. Hover over any signal marker 2. Click the 🔔 icon 3. Select trigger conditions: - "Buy Signal Alert" - "Sell Signal Alert" **Method 2: Manual Setup** 1. Open Alert creation window 2. Condition: Select "Stoch RSI Alerts" 3. Choose: - "Buy Signal Alert" for long entries - "Sell Signal Alert" for exits/shorts ## 6. Customization Tips ### 6.1 Threshold Adjustment // For day trading (tighter ranges) upperLimit = 75 lowerLimit = 25 // For swing trading (wider ranges) upperLimit = 85 lowerLimit = 15 ### 6.2 Visual Modifications Change signal markers via: - `style=` : Try `shape.labelup`, `shape.flag`, etc. - `color=` : Use hex codes (#FF00FF) or named colors - `size=` : `size.tiny` to `size.huge` ## 7. Recommended Use Cases 1. **Mean Reversion Strategies**: Pair with support/resistance levels 2. **Trend Confirmation**: Filter with 200EMA direction 3. **Divergence Trading**: Compare with price action ## 8. Limitations - Works best in ranging markets - Combine with volume analysis for confirmation - Not recommended as standalone strategy --- This documentation follows technical writing best practices with: - Clear parameter tables - Mathematical signal logic - Visual hierarchy - Practical examples - Usage recommendations
Pine Script® indicator
by OxJohannWu
HTF ReversalsHTF Reversals — Big Turtle Soup & Relief Patterns A multi-timeframe reversal indicator based on the logic of how pivots form and how true reversals begin. Designed for traders who want to catch high-probability turning points on higher timeframes, with visual clarity and actionable signals. “Reversals don’t start from nowhere — they begin with a failed expansion and a reclaim of a prior range. This script helps you spot those moments, before the crowd.” How It Works Detects High Timeframe (HTF) “CR” Candles: The script scans for large-bodied candles (“CR” candles) on higher timeframes (Monthly, Weekly, 3-Day). These candles often mark the end of a trend expansion and the start of a potential reversal zone. Looks for “Inside” Candles: After a CR candle, the script waits for a smaller “inside” candle, which signals a pause or failed continuation. The relationship between the CR and inside candle is key for identifying a possible reversal setup. Engulfing Confirmation (Optional): If the inside candle doesn’t immediately trigger a reversal, the script can wait for an engulfing move in the opposite direction, confirming the failed expansion and increasing the probability of a reversal. Entry & Target Calculation: For each valid setup, the script calculates a retracement entry (using Fibonacci levels like 0.382 or 0.618) and a logical target (usually the CR candle’s high or low). Visuals: Lines & Boxes: Each signal is marked with a horizontal line (entry) and a colored box extending from the HTF close to the entry price, visually highlighting the reversal zone for the same duration as the signal’s expected play-out. Dashboard & Alerts: A dashboard table summarizes the latest signals for each timeframe. Custom alerts notify you of new setups in real time. Why It Works Pivot Logic: Reversals often start when a strong expansion candle (pivot) is followed by a failed attempt to continue in the same direction. This script codifies that logic, looking for the “pause” after the expansion and the first sign of a reclaim. Multi-Timeframe Edge: By focusing on higher timeframes, the indicator filters out noise and highlights only the most significant reversal opportunities. Objective, Repeatable Rules: All conditions are clearly defined and repeatable, removing subjectivity from reversal trading. Visual Clarity: The combination of lines and boxes makes it easy to see where reversals are likely to start and where your risk/reward lies. How to Use Add the indicator to your chart and select your preferred timeframes (Monthly, Weekly, 3-Day). Watch for new signals on the dashboard or via alerts. Use the entry line and box as your trade zone; the target is also displayed. Combine with your own confluence (price action, volume, etc.) for best results. This indicator is best used as a framework for understanding where high-probability reversals are likely to occur, not as a standalone buy/sell tool. Always use proper risk management.
Pine Script® indicator
by mindyourbuisness