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M-oscillator

Simple ## User Guide for the Simple I. Indicator Philosophy This indicator is not a simple system that provides only one type of signal. It is an advanced tool that analyzes the market using three independent "engines," each specializing in detecting a different type of trading opportunity. Its goal is to identify high-probability setups by filtering out market noise. II. Legend – What You See on the Chart Before we proceed to the signals, you need to understand what each visual element represents: Orange Line (200 EMA): This is the main, long-term trend indicator. It acts like a river – if the price flows above it, we look for buying opportunities (LONG). If it's below, we look for selling opportunities (SHORT). The Ribbon (green/red): Represents short-term momentum and acts as a dynamic support/resistance zone. A green ribbon suggests buying strength, while a red one suggests selling pressure. Kijun-sen Line (blue/red): This is the medium-term "center of gravity" of the market. It shows the price equilibrium. Its position relative to the price and the ribbon is crucial for many signals. Gray Background: This is a "NO-TRADE ZONE." It appears when the ADX indicator shows that the market is in consolidation and lacks a clear trend. Most signals are ignored in these areas. ## III. The Three Signal Engines – When to Consider a Position The indicator generates three different types of signals, each with its own characteristics and risk profile. 1. LONG / SHORT Labels (The Pullback Engine - Conservative) Character: Safe, conservative, trend-following. Appears the least frequently. How it works: It looks for ideal, "textbook" conditions. For a LONG signal, all indicators must be in full alignment (price > ribbon > Kijun > orange line), the trend must be strong (high ADX), AND the price must make a pullback to the ribbon and then bounce off it. When to consider a position: When you see this signal, you are entering a well-developed, healthy trend. It's a high-probability entry, but often not at the very beginning of the move. Ideal for traders who value safety. 2. 🔵 / 🟣 Circles (The Squeeze Engine - Moderate) Character: Moderately aggressive, looks for the beginning of a new, dynamic move. How it works: It searches for periods of consolidation and low volatility (when the market is "gathering energy"). The signal (a circle) appears at the moment the price breaks out of this consolidation, and the direction of the breakout is confirmed by the Kijun-sen line. When to consider a position: When you see the price has been moving sideways for a while, and then a circle appears. This is a sign that the consolidation phase has likely ended and a new impulse is beginning. Ideal for catching "fresh" moves. 3. ⚡ Lightning Bolt (The Reversal Engine - Aggressive) Character: Aggressive, contrarian, attempts to catch sharp reversals. This is the riskiest signal. How it works: It ignores most of the trend filters. Its sole purpose is to find a moment where the price, after a sharp and overextended move in one direction, suddenly reverses on a strong candle with high volume. When to consider a position: When you want to take a risk to catch the very bottom (V-bottom) or top (V-top). This signal requires the most experience. It is recommended to only take it when it appears near a significant, horizontal support or resistance level. Never take it "in a vacuum." IV. Summary and Practical Strategy Signal Signal Type Character Ideal Market Conditions LONG/SHORT Pullback Entry Conservative A strong, developed, and healthy trend. 🔵/🟣 Squeeze Breakout Moderate The end of a sideways move, the beginning of a new impulse. ⚡ Sharp Reversal Aggressive Market panic, oversold/overbought conditions at a key S/R level. Eksportuj do Arkuszy
Pine Script® indicator
by o_l_d_1
1
ma rationing🧠 MA Rationing Indicator – Multi-Averaged Momentum + Divergence Zones This script blends various moving average ratios (SMA, EMA, WMA, RMA) to create a smoothed and zero-centered momentum oscillator. Its goal is to highlight shifts in trend strength and spot possible divergences confirmed by volume. 🔍 Key Features: • MA Ratio Core: Composite of multiple MA types across a short vs. long smoothing window, plotted against zero for trend clarity. • Visual Acceleration Markers: Circle color intensity reflects momentum acceleration or deceleration. • Volume-Supported Divergence: Highlights when price diverges from momentum and volume supports the signal. • RSI Zone Highlighting: Dynamically draws boxes over RSI Overbought/Oversold regions as sentiment zones form. • Custom Alerts: Includes alerts for zero-line crosses and divergence + volume confirmation. This tool is designed for users seeking to combine price action, momentum, and volume into one clear visualization. It does not provide direct trade signals and should be used alongside your broader analysis.
Pine Script® indicator
by ximi-imibitty
Smart RSI Divergence PRO | Auto Lines + Alerts **Smart RSI Divergence PRO** This indicator automatically finds RSI divergences on price charts: 🔹 Regular & Hidden divergences 🔹 Auto trendlines connecting swing highs & lows 🔹 Clear triangle labels on the chart 🔹 Ready-to-use alerts for your strategy Use it to spot potential trend reversals and hidden continuation signals. --- **How it works** - **Regular Divergence**: Price makes a higher high (or lower low) while RSI does not → possible reversal. - **Hidden Divergence**: Price makes a lower high (or higher low) while RSI makes a higher high (or lower low) → possible trend continuation. --- **Signal colors** 🔻 Red triangle — Regular Bearish Divergence (potential short) 🔻 Orange triangle — Hidden Bearish Divergence (possible trend continuation down) 🔺 Green triangle — Regular Bullish Divergence (potential long) 🔺 Blue triangle — Hidden Bullish Divergence (possible trend continuation up) Works on any timeframe and market (crypto, forex, indices, stocks). --- **💡 Want a custom version?** I can build private Pine Script indicators & strategies **made just for you** — scalping tools, trend or reversal signals, custom filters for crypto, forex, stocks, or any pairs you trade. I can also improve or fix your existing scripts. If you want a unique, clean, and profitable setup — contact me anytime! 📩 Telegram 👉 t.me
Pine Script® indicator
by artemka3091
Smart Price Divergence (MACD Filter) + EMA Smart MACD Price Divergence + EMA This indicator automatically spots price divergences filtered by MACD momentum and trend direction with EMA: 🔹 Finds regular bullish & bearish divergences 🔹 Filters signals using a simple EMA trend filter 🔹 Clear triangle labels on the chart 🔹 Ready-to-use alerts for your strategy Use it to catch potential reversal points when the trend may be losing strength. How it works Bearish Divergence: Price makes a higher high above the EMA while MACD makes a lower high → possible reversal down. Bullish Divergence: Price makes a lower low below the EMA while MACD makes a higher low → possible reversal up. The EMA filter helps spot extreme areas where the trend may be overextended. Signal colors 🔻 Red triangle — Bearish Price Divergence (potential short) 🔺 Green triangle — Bullish Price Divergence (potential long) Works on any timeframe and market (crypto, forex, indices, stocks). ✅ Subscribe to my profile to get new useful Pine Script tools soon! 💡 Want a custom version? I can build private Pine Script indicators & strategies tailored exactly for you — scalping signals, trend or reversal strategies, custom filters for crypto, forex, stocks, or any pairs you trade. I can also improve or fix your existing scripts. If you want a unique, high-quality and profitable tool — contact me anytime! 📩 Telegram 👉 t.me
Pine Script® indicator
by artemka3091
Volatility Zones (STDEV %)This indicator calculates and visualizes the relative price volatility of any asset, expressed as a percentage of standard deviation over a rolling window. 🧠 How it works: - Calculates rolling standard deviation of price (close) as a percentage of the current price. - Classifies market into three volatility regimes : • Low Volatility (≤2%) → Blue zone • Medium Volatility (2–4%) → Orange zone • High Volatility (>4%) → Red zone 📊 Why it matters: Volatility structure reflects the underlying regime of the market — ranging, expanding, or trending. This tool helps traders: - Spot optimal low-risk entry conditions - Avoid chop zones or highly erratic moves - Time breakouts or trend initiations 🛠 Usage: - Works on any timeframe and instrument - Adjustable lookback period - Best used alongside trend filters or entry signals (e.g., SuperTrend, EMAs, etc.)
Pine Script® indicator
by nefyodov.artyom
P3 Malaysian SNR 3-Candle Pattern1 ∙ Core Concept This indicator turns one of the oldest discretionary price-action ideas—“support & resistance role-reversal”—into a fully rule-based, multi-time-frame model. It detects, marks and continuously tracks the three-candle structure that Malaysian price-action traders call the SNR 3-candle pattern: Candle-1 sets the impulse: bullish close → potential future resistance bearish close → potential future support Candle-2 immediately closes the opposite way, signalling absorption of the impulse. Candle-3 closes in the same direction as Candle-2 and confirms the level. The script then: Locks the HTF price zone (high/low of Candle-3) with a horizontal level. Colours only the first two pattern candles yellow on every timeframe so lower-TF traders can see precisely which bars created the HTF level. What Makes It Original? Most S/R scripts only draw one line; this overlay colours all lower-TF bars that live inside the HTF pattern, letting scalpers “zoom in” on HTF structure—an approach not found in open-source examples. Pure Price-Action – The logic uses only raw OHLC data; there are no MAs, RSI, BB, etc. This is not a re-skin of classic indicator code.
Pine Script® indicator
by gphidel
BskLAB - Money Flow X🧠 BskLAB – Money Flow X | Full Usage Guide & Description BskLAB – Money Flow X is a professional-grade volume analysis tool featuring two core modes designed to detect market pressure, momentum, and divergence with precision. When used alongside BskLAB Signal Assistant, it provides powerful volume-based confirmation to enhance signal quality. 🔧 Preset Modes Overview 📊 Mode 1: Money Flow (WaveTrend + Divergence) This mode uses a custom WaveTrend oscillator to reflect momentum from buying/selling pressure, along with automatic divergence detection. It starts by calculating the average price from and filters through the EMA and SMA to create WT1 and WT2. Key Features:Dual WaveTrend lines (WT1 & WT2) with crossover signals Visual display of overbought / oversold zones Automatic divergence detection: 🟢 Green = Classic Bullish Divergence 🔴 Red = Classic Bearish Divergence 🔵 Blue = Hidden Bullish Divergence 🟠 Orange = Hidden Bearish Divergence Best Used For: Identifying early reversals and exhaustion zones during high or low volatility phases. 🚀 Mode 2: Volume Momentum (Dynamic Histogram) This mode displays volume-driven pressure using histogram bars that expand or contract with momentum. It calculates PercentB (%B) from Bollinger Band behavior to reflect how far price stretches away from its recent average range. Key Features:Histogram expands with growing momentum Dynamic bar coloring: 🔴 Red = selling pressure emerges ⚪ White = buying pressure emerges Uses %B from Bollinger Band for calculation Best Used For: Confirming strong directional moves or identifying momentum buildup or fade — especially when price moves far from the average. 🔬 Internal Logic Breakdown (Main WT & Money Flow) ✅ 1. WaveTrend System (WT1 & WT2) WT1 = Fast line (short-term momentum) WT2 = Trend filter (slower) Derived from (H+L+C)/3 with EMA and SMA smoothing Color Logic: 🔼 WT1 crosses above WT2 → Cyan (Bullish Momentum) 🔽 WT1 crosses below WT2 → White (Bearish Momentum) Zero Line Behavior: Above 0 = strong uptrend confirmation Below 0 = strong downtrend confirmation ✅ 2. Money Flow Line (MF Line) Measures volume pressure based on price vs. long-period EMA Displayed as an area plot underneath Color Logic: 🔵 Light Cyan = Buying pressure emerging ⚪ Light White = Selling pressure emerging Color dynamically changes based on volume shifts Signal Strategy: WT1 crossover + Cyan MF = Buy Confirmation WT1 crossover + White MF = Sell Confirmation Mismatched signals = caution advised 🧩 Designed to Pair with BskLAB – Signal Assistant BskLAB – Money Flow X works best when used alongside 👉 BskLAB – Signals Assistant Both tools are designed to complement each other: Signals Assistant provides structural and momentum-based trade entries Money Flow X confirms whether real buy/sell volume supports those entries ✅ How to Use Together: Wait for a Buy/Sell signal from Signal Assistant Confirm with: WT crossover + MF color (Money Flow mode) Histogram color shift (Volume Momentum mode) ✅ Money Flow X acts as the official volume confirmation layer within the BskLAB system to reduce false signals and improve decision-making confidence. ⚙️ Customization Options Volume Length (for Volume Momentum) WT Smoothing (for Money Flow) Toggle Classic / Hidden Divergences 🔶 CONCLUSION BskLAB – Money Flow X isn’t just another indicator — it’s a decision-making support system designed to uncover the truth behind price movements. It helps traders gain clarity during uncertainty, separate strong signals from noise, and develop a systematic approach to entries. By combining oscillator-based momentum + volume behavior + divergences, this tool becomes essential for traders who prioritize execution accuracy in real-world conditions. 🔶 RISK DISCLAIMER Trading involves high risk and is not suitable for everyone. All tools, scripts, and content provided by BskLAB are for educational purposes only and do not constitute financial advice. Past results do not guarantee future performance — trade responsibly.
Pine Script® indicator
by Bsklabfx
LUCEO RSI(USDT/BTC pair)It shows the RSI on the USDT pair or USDT.P pair and the RSI on the BTC pair simultaneously, allowing you to detect divergence signals through the disparity. Note) - Instruments that are not listed on Binance Exchange's BTC pair will not be displayed (New Listings, Low Market Capitalization Alt, etc.) - If the futures of a specific asset are prefixed with a number such as 1,000, BTCPair will not display correctly. Example) 1,000pepeusdt not applied/PEPEUSDT applied
Pine Script® indicator
by PA_SHOGUN
HBD.2025.BOZ AYIThis indicator is designed for financial market analysis. The code generates trading signals using various **technical oscillators** such as **moving averages (EMA)**, **RSI, MACD** and **Stochastic**, as well as the **ADX trend filter**. It also offers additional visualization and analysis tools such as **bear market alerts** based on historical **price action**, **channel plots** and **MA50 cloud**. It includes a range of **input settings** that allow users to customize their strategies by **turning on and off** various filters and indicators. Finally, it also features a simple charting feature for potential **profit/loss (PnL) tracking**.
Pine Script® indicator
by donmezbasri
1
RSI Extreme Hit Tracker (Visual Enhanced + Stats)📊 Indicator Overview 🔥 RSI Extreme Hit Tracker – Visual Enhanced + Stats Edition A high-precision momentum tracker designed for traders who want maximum insight into RSI behavior at extreme thresholds. 🧠 What It Tracks This indicator doesn’t just alert you when RSI enters ultra-overbought or ultra-oversold zones—it actively logs, analyzes, and visualizes how price reacts during those periods. It tracks: - OB/OS HOLD Events: When RSI enters and stays in extreme zones for a customizable bar count - OB/OS EXIT Events: When RSI retreats from extremes via hysteresis logic for adaptive confirmation - Entry Alerts: Based on four modes (Basic, Cool-down, Confirmed, or Hysteresis) - Tier Markers: Emoji-based tier tags to classify signal impact instantly on chart - Background Tints: When OB/OS zones are active, for clear visual context 📈 Statistical Table On every final bar, a clean table appears in the top-right corner showing: - Count of OB/OS events (Hold & Exit) - Total % move across all signals - Average % move per signal - Easy-to-skim P&L performance stats 🎛️ Configurable Features 🔄 Cool-down Periods: Prevent rapid-fire alerts after consecutive hits 🔍 Confirmed Entries: Require two-bar RSI zone confirmation before firing 🧪 Hysteresis Logic: Avoid false exits by confirming RSI decay before logging 📏 Custom Thresholds: Adjust OB/OS entry levels, exit hysteresis, and hold duration 🎨 Visual Feedback: Triangle, X-cross, and circle shapes with color-coded tier labels (🟩 🟨 🟦 🟥) 💡 Ideal Use Cases - Reversal traders looking to time exhaustion and RSI flips - Scalpers and momentum riders wanting sharp entry/exit maps - Coders refining algorithms using historical signal behavior - Analysts exploring data-driven signal statistics over time
Pine Script® indicator
by aglende40
Hamster DynamicHamster Dynamic – Precision Scalping in Key Zones Hamster Dynamic is a high-performance scalping strategy designed for traders who value speed, precision, and clarity. This script focuses on executing trades around key support and resistance levels, helping traders capitalize on high-probability setups in volatile markets. The system combines real-time price action analysis with adaptive trend and volatility filters, making it a powerful tool for fast-paced trading environments. Key Features Automatic detection of major support and resistance zones Rapid-entry scalping engine with precise timing Built-in trend and momentum filters to avoid false signals Fully customizable for different trading styles Compatible with Forex, Crypto, Gold, and major indices Who is it for Traders who rely on zone-based entries and exits Scalpers who need fast, accurate signals Beginners seeking structure and confidence Experienced traders looking to add a lightweight tactical edge Let your strategy move with purpose. Hamster Dynamic is built for those who trade with intention.
Pine Script® indicator
by Wizard_Trade_Academy
[Top] 🦙 LHAMA-MACD🦙 LHAMA-MACD — Low-High Adaptive MACD Oscillator This indicator is a custom MACD-style oscillator that uses LHAMA (Low-High Adaptive Moving Average) smoothing instead of conventional EMAs. LHAMA dynamically adapts its responsiveness based on recent high/low price activity, aiming to reduce lag and improve sensitivity to trend shifts compared to standard MACD. How It Works LHAMA Calculation: For both fast and slow components, the indicator evaluates whether the highest high or lowest low over the lookback length is changing. When new extremes are detected, an adaptive tracking coefficient increases, making the moving average respond faster. This results in a moving average that adapts more quickly during volatility and smooths out during consolidation. MACD Line: The difference between the fast LHAMA and slow LHAMA. Signal Line: An EMA of the MACD line over a user-defined period. Histogram: The difference between the MACD Line and the Signal Line. Crossover Labels: Green star ✳️ appears below price when the MACD crosses above the Signal Line (potential bullish momentum). Orange star ✴️ appears above price when the MACD crosses below the Signal Line (potential bearish momentum). Inputs Price Source: The price data to analyze (default: close). Fast LHAMA Length: Period for the faster adaptive average. Slow LHAMA Length: Period for the slower adaptive average. Signal EMA Length: Smoothing period for the Signal Line. Show Histogram: Toggle histogram display. Show Oscillator Lines: Toggle MACD and Signal Lines display. How to Use Trend Confirmation: Use histogram and line crossovers to gauge trend strength and potential reversals. Momentum Shifts: Bullish crossovers may indicate increasing upside momentum, while bearish crossovers can signal weakening price action. Subpane Visualization: The oscillator plots in a separate pane below your chart. Price Markers: Labels appear directly on the price chart for clearer visual signals. This tool can complement price action strategies by providing early warnings of trend changes and momentum shifts, thanks to its adaptive smoothing approach.
Pine Script® indicator
by TopTradesUA
Linearity IndexThe Linearity Index (LI) indicator helps traders identify trending and choppy markets by measuring price movement efficiency. It calculates LI using a user-defined lookback period (default: 61 days), dividing the net price change by the sum of absolute daily changes. LI ranges from -1 to 1: Positive LI: Upward trend Negative LI: Downward trend Near 0: Choppy or flat market Key FeaturesTable Display: Summarizes data over three periods (1st Year, 2nd Year and 3rd Year) Linear Days: LI > 0.2 (strong linearity) Trend Days: Close > 50 SMA and LI > 0.05 (upward trend) Linearity Index Ratio (LIR): Linear Days / Trend Days, color-coded:Red (< 0.25) Yellow (0.25–0.50) Green (> 0.50) Total LIR : average of every year's LIR and color coded based on overall LI color View modes: Full (detailed), Compact (abbreviated), Mini (Yr & LIR only) Visuals:Horizontal lines at 0.20 ("Linearity Level") and 0.05 ("Choppiness Level") Background color: Green (LI > 0.2), Red (LI < 0.05) LI plotted as a dark gray histogram Customization:Adjustable lookback period Selectable table view mode (Full, Compact, Mini) Purpose : The LI indicator provides a quick way to assess market trends and linearity over time, with visual cues and a customizable table for deeper analysis. Ideal for traders seeking to gauge trend strength and market efficiency. Took inspiration from @OmkarBanne 's Trend vs Chop Detector
Pine Script® indicator
by RohitNain
Dynamic Momentum Oscillator ProThis indicator is called "Dynamic Momentum Oscillator Pro" (DMO PrO) and is a modified oscillator that analyzes the difference between two moving averages (fast and slow) across different timeframes. Its primary purpose is to identify trend strength and direction, as well as potential reversal points. This indicator detects early momentum shifts in assets approaching key reversal zones by tracking: - Convergence of the smoothed moving average (SMMA) - Trend confirmation across multiple timeframes - Visual assessment of momentum intensity ### Key Features: 1. Dual Smoothed Moving Averages (SMMA) - Uses two modified moving averages (SMMA — Smoothed Moving Average) with different periods: - `fast_length` (default: 4) — fast MA. - `slow_length` (default: 12) — slow MA. - The difference between them (`ma_diff = fast_ma - slow_ma`) generates the primary signal. 2. Higher Timeframe Analysis - The indicator automatically calculates the moving average difference (`ma_diff`) on a higher timeframe (`res_multi` times larger than the current one) to determine the global trend. - Example: If the current timeframe is 1H and `res_multi = 3`, the higher timeframe will be 3H. 3. Visualization: - Histogram (bars) — displays the current `ma_diff` value. Color depends on the direction and position relative to zero. - Lines — duplicates the histogram as a line. - Background — shaded red/green based on the higher timeframe trend direction. 4. Color Scheme: - Above zero and rising: Light green (`#81C784`). - Below zero and rising: Deep green (`#26A69A`). - Above zero and falling: Bright red (`#EF5350`). - Below zero and falling: Light pink (`#FFCDD2`). Signal Interpretation: - Green bars: Increasing bullish momentum. - Red bars: Growing bearish pressure. - Background color: Trend bias on the higher timeframe (red = bearish, green = bullish). ### Logic: - A rising `ma_diff` indicates strengthening momentum. - Zero-line crossovers may signal a trend reversal. - Divergence between current and higher timeframes (e.g., uptrend on lower TF vs. downtrend on higher TF) can warn of trend weakness. ### Applications: - Trend strategies: Buy when the histogram rises above zero; sell when it falls below. - Trend filter: Alignment of directions across timeframes strengthens signals. - Divergences: Discrepancies between price and indicator may hint at reversals. This indicator combines features of MACD (MA difference) and Momentum.
Pine Script® indicator
by Strong_Holders
All in one (Plus) [NMTUAN]Introducing All-in-one V2.3 : Your Complete Trading Compass! Are you searching for a single, powerful trading system that offers a holistic view of the market and pinpoints optimal entry and exit points? Look no further than All-in-one V2.3 , the meticulously refined indicator system developed by author Nguyễn Minh Tuấn. This comprehensive solution is designed to empower traders with everything they need to navigate any financial market, on any timeframe. All-in-one V2.3 integrates a full suite of essential trading tools, providing you with unparalleled clarity and precision: Advanced Trend Identification: Get a crystal-clear understanding of market direction. Our system's sophisticated trend indicators help you cut through the noise, ensuring you're always aligned with the prevailing market momentum. Dynamic Support & Resistance: Say goodbye to guesswork. All-in-one V2.3 accurately identifies dynamic support and resistance levels, giving you critical insights into potential price turning points for strategic decision-making. Comprehensive Market Insights: From market sentiment to volatility, this system offers a panoramic view of the market's underlying dynamics. You'll gain a deeper understanding of what's driving price action, enabling more informed trades. The true power of All-in-one V2.3 lies in its versatility and comprehensive nature. It's engineered to adapt to your trading style and preferences, making it ideal for: Any Financial Product: Whether you trade stocks, forex, commodities, cryptocurrencies, or indices, All-in-one (Plus) provides relevant and actionable insights across the board. Any Timeframe: From scalping on minute charts to long-term investing on daily or weekly charts, the system seamlessly adjusts to your preferred trading horizon. With All-in-one (Plus) , you're not just getting a collection of indicators; you're gaining a fully integrated trading environment that helps you: See the Big Picture: Understand how various market forces are interacting. Choose Optimal Entry/Exit Points: Confidently identify when to enter and exit trades for maximum potential. Simplify Your Analysis: Reduce clutter and focus on what truly matters for profitable trading. Empower your trading with All-in-one (Plus) and experience market clarity like never before. Ready to elevate your trading journey?
Pine Script® indicator
by ptkt_vuong
Price × Volume Momentum (FSTO / RSI / Avg)decided to combine my PXVS and PXVR in to one script. user has the option to use FSTO, RSI, or the average between the two oscillators. the oscillator components have been modified to range from -100 to +100 to express directional magnitude. volume remains 0 to 100, so it can function as a direction-neutral amplifier. The result is a bi-directional composite oscillator that: >> Emphasizes congruent signals (e.g., strong price direction with strong volume). >> Minimizes misleading or incongruent signals from high volume paired with neutral or conflicting price movement. Ideal for identifying high-conviction breakouts and momentum divergences with volume support.
Pine Script® indicator
by Shaeroden
1
(STC) with Buy/Sell PS! This is ment to be used as compliment and confirmation for indicator "UT Bot + LinReg Candles (Dual Sensitivity) by PDK1977 Schaff Trend Cycle (STC) Oscillator with Buy/Sell Signals The Schaff Trend Cycle (STC) is a fast and reliable oscillator developed by Doug Schaff, designed to improve on traditional cycle indicators like MACD and Stochastic. The STC indicator helps you identify trend direction, potential reversals, and entry/exit points with greater speed and accuracy. Key Features: Clear, Color-Coded Line: The STC line turns green when rising and red when falling, making trend changes easy to spot. Buy/Sell Signals: Buy: When the STC line crosses up over the 25 level, a green triangle appears, suggesting bullish momentum. Sell: When the STC line crosses down under the 75 level, a red triangle appears, highlighting potential bearish momentum. Levels: 25 and 75 are highlighted to mark overbought and oversold regions. Separate Pane: Designed to be displayed in its own subwindow below the main chart, keeping your price action clean and uncluttered. How to Use: Buy Signal: Watch for the STC to cross above 25 for possible long entries. Sell Signal: Watch for the STC to cross below 75 for possible short entries. The indicator works on all timeframes and is suitable for trending markets, swing trading, and scalping strategies. Tip: Combine STC signals with other trend or volume indicators for added confirmation and more robust trading decisions.
Pine Script® indicator
by PDK1977