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Moving Averages

MA Crossover [AlchimistOfCrypto]🌌 MA Crossover Quantum – Illuminating Market Harmonic Patterns 🌌 Category: Trend Analysis Indicators 📈 "The moving average crossover, reinterpreted through quantum field principles, visualizes the underlying resonance structures of price movements. This indicator employs principles from molecular orbital theory where energy states transition through gradient fields, similar to how price momentum shifts between bullish and bearish phases. Our implementation features algorithmically optimized parameters derived from extensive Python-based backtesting, creating a visual representation of market energy flows with dynamic opacity gradients that highlight the catalytic moments where trend transformations occur." 📊 Professional Trading Application The MA Crossover Quantum transcends the traditional moving average crossover with a sophisticated gradient illumination system that highlights the energy transfer between fast and slow moving averages. Scientifically optimized for multiple timeframes and featuring eight distinct visual themes, it enables traders to perceive trend transitions with unprecedented clarity. ⚙️ Indicator Configuration - Timeframe Presets 📏 Python-optimized parameters for specific timeframes: - 1H: EMA 23/395 - Ideal for intraday precision trading - 4H: SMA 41/263 - Balanced for swing trading operations - 1D: SMA 8/44 - Optimized for daily trend identification - 1W: SMA 32/38 - Calibrated for medium-term position trading - 2W: SMA 17/20 - Engineered for long-term investment signals - Custom Settings 🎯 Full parameter customization available for professional traders: - Fast/Slow MA Length: Fine-tune to specific market conditions - MA Type: Select between EMA (exponential) and SMA (simple) calculation methods - Visual Theming 🎨 Eight scientifically designed visual palettes optimized for neural pattern recognition: - Neon (default): High-contrast green/red scheme enhancing trend transition visibility - Cyan-Magenta: Vibrant palette for maximum visual distinction - Yellow-Purple: Complementary colors for enhanced pattern recognition - Specialized themes (Green-Red, Forest Green, Blue Ocean, Orange-Red, Grayscale): Each calibrated for different market environments - Opacity Control 🔍 - Variable transparency system (0-100) allowing seamless integration with price action - Adaptive glow effect that intensifies around crossover points - the "catalytic moments" of trend change 🚀 How to Use 1. Select Timeframe ⏰: Choose from scientifically optimized presets based on your trading horizon 2. Customize Parameters 🎚️: For advanced users, disable presets to fine-tune MA settings 3. Choose Visual Theme 🌈: Select a color scheme that enhances your personal pattern recognition 4. Adjust Opacity 🔎: Fine-tune visualization intensity to complement your chart analysis 5. Identify Trend Changes ✅: Monitor gradient intensity to spot high-probability transition zones 6. Trade with Precision 🛡️: Use gradient intensity variations to determine position sizing and risk management Developed through rigorous mathematical modeling and extensive backtesting, MA Crossover Quantum transforms the fundamental moving average crossover into a sophisticated visual analysis tool that reveals the molecular structure of market momentum.
Pine Script® indicator
by AlchimistOfCrypto
20 & 50 EMA + ATR, TR & DATRIndicator Name: 20 & 50 EMA + ATR, TR & DATR This custom indicator combines trend and volatility analysis into a single tool, helping you make smarter trading decisions with fewer indicators on your chart. --- 1. 20 & 50 Exponential Moving Averages (EMAs) EMA 20 (Blue Line): A short-term trend indicator that reacts quickly to price changes. EMA 50 (Orange Line): A medium-term trend indicator that smooths out more of the noise. How to Use: Bullish signal: EMA 20 crosses above EMA 50 Bearish signal: EMA 20 crosses below EMA 50 Use crossovers or distance between EMAs to confirm trends or potential reversals --- 2. True Range (TR) Definition: The greatest of the following: High - Low High - Previous Close Previous Close - Low Use: Shows how much the asset moved during the candle. Useful for understanding raw price movement. --- 3. Average True Range (ATR) Definition: The average of the True Range over a 14-bar period Line color: Red (shown in the status line above your chart) How to Use: High ATR = High volatility Low ATR = Low volatility Use ATR to help determine stop-loss and take-profit levels, or to avoid low-volatility periods --- 4. Daily ATR (DATR) Definition: ATR calculated from the daily timeframe, regardless of the chart's current timeframe Line color: Green (also shown in the status line) How to Use: Know how much the asset typically moves in a full day Helps intraday traders set realistic targets or detect when the market is unusually quiet or active
Pine Script® indicator
by DrAmitDhandore
RSI - 5UP Overview The "RSI - 5UP" indicator is a versatile tool that enhances the traditional Relative Strength Index (RSI) by adding smoothing options, Bollinger Bands, and divergence detection. It provides a clear visual representation of RSI levels with customizable bands and optional moving averages, helping traders identify overbought/oversold conditions and potential trend reversals through divergence signals. Features Customizable RSI: Adjust the RSI length and source to fit your trading style. Overbought/Oversold Bands: Visualizes RSI levels with intuitive color-coded bands (red for overbought at 70, white for neutral at 50, green for oversold at 30). Smoothing Options: Apply various types of moving averages (SMA, EMA, SMMA, WMA, VWMA) to the RSI, with optional Bollinger Bands for volatility analysis. Divergence Detection: Identifies regular bullish and bearish divergences, with visual labels ("Bull" for bullish, "Bear" for bearish) and alerts. G radient Fills: Highlights overbought and oversold zones with gradient fills (green for overbought, red for oversold). How to Use 1. Add to Chart: Apply the "RSI - 5UP" indicator to any chart. It works well on timeframes from 5 minutes to daily. 2. Configure Settings: RSI Settings: RSI Length: Adjust the period for RSI calculation (default: 14). Source: Choose the price source for RSI (default: close). Calculate Divergence: Enable to detect bullish/bearish divergences (default: disabled). Smoothing: Type: Select the type of moving average to smooth the RSI ("None", "SMA", "SMA + Bollinger Bands", "EMA", "SMMA (RMA)", "WMA", "VWMA"; default: "SMA"). Length: Set the period for the moving average (default: 14). BB StdDev: If "SMA + Bollinger Bands" is selected, adjust the standard deviation multiplier for the bands (default: 2.0). 3.Interpret the Indicator: RSI Levels: The RSI line (purple) oscillates between 0 and 100. Levels above 70 (red band) indicate overbought conditions, while levels below 30 (green band) indicate oversold conditions. The 50 level (white band) is neutral. Gradient Fills: The background gradients (green above 70, red below 30) highlight overbought and oversold zones for quick reference. Moving Average (MA): If enabled, a yellow MA line smooths the RSI. If "SMA + Bollinger Bands" is selected, green bands appear around the MA to show volatility. Divergences: If "Calculate Divergence" is enabled, look for "Bull" (green label) and "Bear" (red label) signals: Bullish Divergence: Indicates a potential upward reversal when the price makes a lower low, but the RSI makes a higher low. Bearish Divergence: Indicates a potential downward reversal when the price makes a higher high, but the RSI makes a lower high. 4. Set Alerts: Use the "Regular Bullish Divergence" and "Regular Bearish Divergence" alert conditions to be notified when a divergence is detected. Notes The indicator does not provide direct buy/sell signals. Use the RSI levels, moving averages, and divergence signals as part of a broader trading strategy. Divergence detection requires the "Calculate Divergence" option to be enabled and may not work on all timeframes or assets due to market noise. The Bollinger Bands are only visible when "SMA + Bollinger Bands" is selected as the smoothing type. Credits Developed by Marrulk. Enjoy trading with RSI - 5UP! 🚀
Pine Script® indicator
by Marrulk
5 custom moving averages5 custom moving averages 5 custom moving averages is an original TradingView indicator that lets you plot and manage five independent moving averages on one chart—each with customizable type, period, color, and data source. Rather than a simple mash‑up of defaults, it’s designed to help you synchronize short‑, mid‑, long‑term trends and volume dynamics for better entry timing and trend confirmation. 1. Key Features & Originality Five fully independent lines (MA1–MA5), each selectable as SMA, EMA, WMA, or VWMA. Default periods of 10, 21, 50, 200, 325—but all periods are freely customizable. Default color scheme for clarity: transparent pink (10), green (21), red (50), black (200), light blue (325)—colors are also fully customizable. Synergy rationale: Ultra‑short (10) through extra‑long/volume‑weighted (325) layered together create a multi‑filter that no single MA can match. 2. Calculation Logic SMA (Simple Moving Average) (P₁ + P₂ + … + Pₙ) ÷ N EMA (Exponential Moving Average) α = 2 ÷ (N + 1) EMA_today = (Price_today – EMA_yesterday) × α + EMA_yesterday WMA (Weighted Moving Average) (P₁×N + P₂×(N–1) + … + Pₙ×1) ÷ VWMA (Volume‑Weighted MA) Σ(Pᵢ × Vᵢ) ÷ Σ(Vᵢ) for i = 1…N 3. Usage Scenarios & Examples Short‑Mid Cross Entry MA1 (10) crossing above MA2 (21) when price is above MA3 (50) signals a potential buy. Trend Confirmation Price consistently above MA3 (50) and an upward‑sloping MA4 (200) confirms a strong uptrend. Volume‑Backed Rebound Set MA5 to VWMA‑325—if price bounces on rising volume, institutional buying is likely. Combined Filter Workflow Apply the indicator Look for MA1×MA2 cross on the daily chart Check price vs. MA3/MA4 for trend alignment Confirm with MA5/VWMA volume signal 4. Parameters MA1–MA5 Type: SMA / EMA / WMA / VWMA Period 1–5: Default 10 / 21 / 50 / 200 / 325 (editable; all periods freely customizable) Source: Close, Open, High, Low, HL2, etc. Colors & Line Width: Default transparent colors (fully customizable in code)
Pine Script® indicator
by oratnek
Scalping strategy [EMA 9/21/200 + VWAP]This strategy works best during high-volume periods on the 1-minute and 5-minute charts. 🟢 Buy Setup: EMA 9 crosses above EMA 21 (bullish momentum) Price is above VWAP (bullish bias) Look for bullish candlestick patterns (engulfing, pin bar, etc.) Optional: Entry on a pullback to EMA 9 or 21 🔴 Sell Setup: EMA 9 crosses below EMA 21 (bearish momentum) Price is below VWAP (bearish bias) Look for bearish candlestick patterns Optional: Entry on pullback to EMA 9 or 21 📈 Exit Strategy: Take profit at predefined risk-reward Or use EMA 9 crossing back over 21 in the opposite direction Stop loss just below/above recent swing Like this indicator? Boost it ♡
Pine Script® indicator
by VisionaryInsights
Ichimoku Signals PROBuy (green background): The green background will remain until there are 2 red candles completely under the Kijun. If the conditions change (two red candles under the Kijun), the green background is removed. Sale (red background): The red background will remain until there are 2 green candles completely on the Kijun. If the conditions change (two green candles over the Kijun), the red background is removed. Background change conditions: We use a logic that keeps the bottom until the opposite condition is met (2 red candles under the Kijun for purchase or 2 green candles on the Kijun for sale).
Pine Script® indicator
by rhillron
Trend-Following Strategy with Keltner ChannelsTrend Filter ( All Timeframes): Price must be above the 200 EMA for a bullish setup Price must be below the 200 EMA for a bearish setup Keltner Channels for dynamic support/resistance Buy when price pulls back to the midline or lower channel in an uptrend Sell when price pulls back to the midline or upper channel in a downtrend Entry trigger: Price pulls back to Keltner midline then crosses it Exits: ATR-based SL & TP with optional trailing stops
Pine Script® strategy
by VisionaryInsights
Scalping Strategy (by Plan-F7)Scalping Strategy (by Plan-F7) A powerful scalping indicator optimized for lower timeframes (5-min and 15-min). It combines multiple technical indicators for high-probability entries: RSI & Stochastic RSI for overbought/oversold signals MACD for trend confirmation EMA 9 & EMA 21 to define trend direction ADX to filter trades based on trend strength ATR for dynamic Take Profit and Stop Loss levels How to use: Green arrow with "BUY" label = Buy Signal Red arrow with "SELL" label = Sell Signal TP and SL levels are automatically plotted Best used on 5-min or 15-min charts for fast entries Supports visual and audio alerts مؤشر سكالبينج (Scalping Strategy by Plan-F7) مصمم خصيصًا للتداول السريع على الفريمات الصغيرة (5 دقائق و15 دقيقة). يعتمد على دمج عدة مؤشرات فنية قوية: RSI و Stochastic RSI لتحديد مناطق التشبع الشرائي/البيعي MACD لتأكيد الاتجاه المتوسطات المتحركة (EMA 9 و 21) لتحديد الاتجاه العام ADX لتأكيد قوة الاتجاه قبل الدخول ATR لحساب الأهداف (Take Profit) ووقف الخسارة (Stop Loss) بشكل ديناميكي طريقة الاستخدام: إشارات الشراء تظهر بسهم أخضر وكلمة "BUY" إشارات البيع تظهر بسهم أحمر وكلمة "SELL" تظهر خطوط على الشارت تمثل الأهداف ووقف الخسارة يمكن استخدامه على فريم 5 أو 15 دقيقة لتحقيق صفقات سريعة بدقة عالية يدعم تنبيهات بصرية وصوتية
Pine Script® indicator
by Plan_f7
5
Multi-Scale Slope Alignment FilterMulti-Scale Slope Alignment Filter (MSSA) █ OVERVIEW This indicator identifies periods where the market trend, measured by the slope of a linear regression line, is aligned across multiple time scales (short, medium, and long-term). It acts as a trend confirmation filter, visually highlighting when different trend perspectives agree. The core idea is that signals or trades taken in the direction of aligned slopes might have a higher probability of success. It plots the calculated slopes in a separate pane and colors the main chart background based on the alignment status: green for bullish alignment, red for bearish alignment. █ HOW IT WORKS The indicator calculates the slope of a linear regression line for three different lookback periods defined by the user inputs (`Short-Term`, `Medium-Term`, `Long-Term`). The "slope" is determined by comparing the value of the linear regression line at the current bar (`offset=0`) to its value on the previous bar (`offset=1`). A positive difference indicates an upward sloping regression line (potential uptrend). A negative difference indicates a downward sloping regression line (potential downtrend). The core calculation for a single slope is: ta.linreg(source, length, 0) - ta.linreg(source, length, 1) Based on these three slopes, the alignment state is determined: Bullish Alignment: All three slopes (Short, Medium, Long) are positive (greater than 0). This suggests an uptrend is confirmed across all measured scales. Bearish Alignment: All three slopes are negative (less than 0). This suggests a downtrend is confirmed across all measured scales. Neutral/Mixed: The slopes do not unanimously agree (i.e., some are positive while others are negative, or some are zero). This indicates conflicting signals or a potential consolidation phase. █ HOW TO USE The primary use of the Multi-Scale Slope Alignment Filter (MSSA) is as a trend confirmation tool or trade filter . Consider taking long trades only when the background is green ( Bullish Alignment ). This acts as confirmation that the broader trend context supports the long idea. Consider taking short trades only when the background is red ( Bearish Alignment ). This acts as confirmation that the broader trend context supports the short idea. Consider being cautious or avoiding trades when there is no background color ( Neutral/Mixed Alignment ), as the trend direction is unclear or conflicting across different timeframes. This indicator is generally not designed to provide direct entry or exit signals on its own. It works best when combined with your primary trading strategy or other indicators to filter their signals based on multi-timeframe trend agreement. Example filter logic: // Example Long Condition primaryLongSignal = ta.crossover(fastMA, slowMA) // Your primary signal longCondition = primaryLongSignal and isBullishAligned // Filter with MSSA // Example Short Condition primaryShortSignal = ta.crossunder(fastMA, slowMA) // Your primary signal shortCondition = primaryShortSignal and isBearishAligned // Filter with MSSA █ INPUTS / SETTINGS Short-Term Slope Length: (Default: 20) The lookback period for calculating the short-term linear regression slope. Medium-Term Slope Length: (Default: 50) The lookback period for calculating the medium-term linear regression slope. Long-Term Slope Length: (Default: 100) The lookback period for calculating the long-term linear regression slope. Source: (Default: close) The price data source used for the linear regression calculations (e.g., close, HLC3, OHLC4). █ VISUALIZATION Background Coloring: The background of the main price chart is colored to indicate the alignment state: Green: Bullish Alignment (all slopes positive). Red: Bearish Alignment (all slopes negative). No Color: Neutral/Mixed Alignment. Indicator Pane: A separate pane below the main chart displays: Three lines representing the calculated slope values for the short (red), medium (blue), and long (yellow) terms. A dashed horizontal line at zero, making it easy to visually distinguish positive (above zero) from negative (below zero) slopes. █ SUMMARY The MSSA indicator provides a visual filter based on the consensus of trend direction across short, medium, and long-term perspectives using linear regression slopes. It helps traders align their strategies with the prevailing multi-scale trend environment. Remember to use it as part of a comprehensive trading plan and always practice sound risk management. This tool provides analysis and is not financial advice.
Pine Script® indicator
by MASTERTOP_ASTRAY
Visionary Insights (200 EMA on 1H + 20 EMA on 15m)How to use this script? Open the 15 min chart and u will see the 200 EMA from the 1 hour chart and the 20 EMA of the 15 min chart Trend Filter (1H Timeframe): Price must be above the 200 EMA for a bullish setup Price must be below the 200 EMA for a bearish setup Entry Conditions (15m Timeframe): Bullish: Pullback to 20 EMA (close is near or below EMA 20) RSI > 50 Bullish engulfing pattern Bearish: Pullback to 20 EMA (close is near or above EMA 20) RSI < 50 Bearish engulfing pattern
Pine Script® indicator
by VisionaryInsights
YASINKARACAThe short-, medium-, and long-term indicator I have created is actually composed of moving averages, trend-following tools, Bollinger Bands, and various other indicators. You can use this indicator on any time frame. If the turquoise moving average crosses above the orange moving average, it should be interpreted as a buy signal; if it crosses below, it should be interpreted as a sell signal. Additionally, the white trend-following line indicates safety when the price is above it and risk when the price is below it. The upper and lower lines of the Bollinger Bands are presented in gray. When the price approaches the lower Bollinger Band, it can be interpreted as a buying opportunity; when it reaches the upper band, it can be seen as a selling opportunity. If the price is above the orange-colored slow moving average, the trend should be considered upward; if it is below, the trend is downward. Wishing you success and a great day. Yasin Karaca
Pine Script® strategy
by yasinwien55
17
EMA Crossover Strategy with Trailing Stop and AlertsPowerful EMA Crossover Strategy with Dynamic Trailing Stop and Real-Time Alerts This strategy combines the simplicity and effectiveness of EMA crossovers with a dynamic trailing stop-loss mechanism for robust risk management. **Key Features:** * **EMA Crossover Signals:** Identifies potential trend changes using customizable short and long period Exponential Moving Averages. * **Trailing Stop-Loss:** Automatically adjusts the stop-loss level as the price moves favorably, helping to protect profits and limit downside risk. The trailing stop percentage is fully adjustable. * **Visual Buy/Sell Signals:** Clear buy (green upward label) and sell (red downward label) signals are plotted directly on the price chart. * **Customizable Inputs:** Easily adjust the lengths of the short and long EMAs, as well as the trailing stop percentage, to optimize the strategy for different assets and timeframes. * **Real-Time Alerts:** Receive instant alerts for buy and sell signals, ensuring you don't miss potential trading opportunities. **How to Use:** 1. Add the strategy to your TradingView chart. 2. Customize the "Short EMA Length," "Long EMA Length," and "Trailing Stop Percentage" in the strategy's settings. 3. Enable alerts in TradingView to receive notifications when buy or sell signals are generated. This strategy is intended to provide automated trading signals based on EMA crossovers with built-in risk management. Remember to backtest thoroughly on your chosen instruments and timeframes before using it for live trading. #EMA #Crossover #TrailingStop #Strategy #TradingView #TechnicalAnalysis #Alerts #TradingStrategy
Pine Script® strategy
by roymanojit4
网格交易v1.0### Strategy Function Overview **Grid Trading Framework:** - Set up 11 grid buy levels evenly distributed between `maxPrice` and `minPrice`. - Fund allocation increases progressively with each lower grid level (weights 1–11), resulting in more buying at lower prices. - The grid range is controlled by the `range1` parameter (default: -10%). **Semi-Final and Final DCA (Dollar-Cost Averaging) Buys:** - A larger buy order is triggered when the price drops to the `semifinal` level (default: -12%). - The largest buy order is triggered when the price drops to the `final` level (default: -15%). **Take-Profit Mechanism:** - **Primary Take-Profit:** All holdings are sold for profit when the average entry price rises by `tp%`. - **First Order Trailing Take-Profit:** If only the first order has been executed, a dynamic trailing take-profit is set based on ATR. **Visualization Elements:** - **Grid Lines and Labels:** Show the price and quantity at each buy level. - **Price Lines:** Indicate the highest grid price, the current average entry price, and the take-profit target. - **Event Markers:** Flag for start time, 🛑 for semi-final trigger, and 🚀 for final trigger.
Pine Script® strategy
by ikoooot
1
3 EMAs w G/D Cross// This script plots three Exponential Moving Averages (EMAs): 20, 50, and 200. // It highlights key trend signals by detecting: // 🔹 Golden Cross – when the 50 EMA crosses above the 200 EMA (bullish signal) // 🔹 Death Cross – when the 50 EMA crosses below the 200 EMA (bearish signal) // // A green cross will appear above the bar for a Golden Cross, // and a red cross will appear below the bar for a Death Cross. // // These crossovers are commonly used to identify long-term trend shifts in the market. // Suitable for trend-following strategies and identifying entry/exit zones. // // Script developed for educational and analytical use on TradingView. bu BusMart
Pine Script® indicator
by Chef_key
CVD (Cumulative Volume Delta) Cumulative Volume Delta Use a moving average with three different I thought about determining the volatility and direction of the price of the stock price and finding a place to break through. I made some Mistake coz I'm new corder I'm reposting this simple script due to house rule violation. (Whatever can haha) 😁 I'm erasing all the comments in my native language that I had in my script... I thought it would make the User uncomfortable, so I locked the code, and I thought maybe that's the problem Anyway, I'm sorry 😅
Pine Script® indicator
by RUpward
Advanced Momentum Scanner [QuantAlgo]The Advanced Momentum Scanner is a sophisticated technical indicator designed to identify market momentum and trend direction using multiple exponential moving averages (EMAs), momentum metrics, and adaptive visualization techniques. It is particularly valuable for those looking to identify trading and investing opportunities based on trend changes and momentum shifts across any market and timeframe. 🟢 Technical Foundation The Advanced Momentum Scanner utilizes a multi-layered approach with four different EMA periods to identify market momentum and trend direction: Ultra-Fast EMA for quick trend changes detection (default: 5) Fast EMA for short-term trend analysis (default: 10) Mid EMA for intermediate confirmation (default: 30) Slow EMA for long-term trend identification (default: 100) For momentum detection, the indicator implements a Rate of Change (RoC) calculation to measure price momentum over a specified period. It further enhances analysis by incorporating RSI readings for overbought/oversold conditions, volatility measurements through ATR, and optional volume confirmation. When these elements align, the indicator generates trading signals based on the selected sensitivity mode (Conservative, Balanced, or Aggressive). 🟢 Key Features & Signals 1. Multi-Period Trend Identification The indicator combines multiple EMAs of different lengths to provide comprehensive trend analysis within the same timeframe, displaying the information through color-coded visual elements on the chart. When an uptrend is detected, chart elements are colored with the bullish theme color (default: green/teal). Similarly, when a downtrend is detected, chart elements are colored with the bearish theme color (default: red). During neutral or indecisive periods, chart elements are colored with a neutral gray color, providing clear visual distinction between trending and non-trending market conditions. This visualization provides immediate insights into underlying trend direction without requiring separate indicators, helping traders and investors quickly identify the market's current state. 2. Trend Strength Information Panel The trend panel operates in three different sensitivity modes (Conservative, Aggressive, and Balanced), each affecting how the indicator processes and displays market information. The Conservative mode prioritizes trend sustainability over frequency, showing only strong trend movements with high probability. The Aggressive mode detects early trend changes, providing more frequent signals but potentially more false positives. The Balanced mode offers a middle ground with moderate signal frequency and reliability. Regardless of the selected mode, the panel displays: Current trend direction (UPTREND, DOWNTREND, or NEUTRAL) Trend strength percentage (0-100%) Early detection signals when applicable The active sensitivity mode This comprehensive approach helps traders and investors: → Assess the strength of current market trends → Identify early potential trend changes before full confirmation → Make more informed trading and investing decisions based on trend context 3. Customizable Visualization Settings This indicator offers extensive visual customization options to suit different trading styles and preferences: Display options: → Fully customizable uptrend, downtrend, and neutral colors → Color-coded price bars showing trend direction → Dynamic gradient bands visualizing potential trend channels → Optional background coloring based on trend intensity → Adjustable transparency levels for all visual elements These visualization settings can be fine-tuned through the indicator's interface, allowing traders and investors to create a personalized chart environment that emphasizes the most relevant information for their strategy. The indicator also features a comprehensive alert system with notifications for: New trend formations (uptrend, downtrend, neutral) Early trend change signals Momentum threshold crossovers Other significant market conditions Alerts can be customized and delivered through TradingView's notification system, making it easy to stay informed of important market developments even when you are away from the charts. 🟢 Practical Usage Tips → Trend Analysis and Interpretation: The indicator visualizes trend direction and strength directly on the chart through color-coding and the information panel, allowing traders and investors to immediately identify the current market context. This information helps in assessing the potential for continuation or reversal. → Signal Generation Strategies: The indicator generates potential trading signals based on trend direction, momentum confirmation, and selected sensitivity mode. Users can choose between Conservative (fewer but more reliable signals), Balanced (moderate approach), or Aggressive (more frequent but potentially less reliable signals). → Multi-Period Trend Assessment: Through its layered EMA approach, the indicator enables users to understand trend conditions across different lookback periods within the same timeframe. This helps in identifying the dominant trend and potential turning points. 🟢 Pro Tips Adjust EMA periods based on your timeframe: → Lower values for shorter timeframes and more frequent signals → Higher values for higher timeframes and more reliable signals Fine-tune sensitivity mode based on your trading style: → "Conservative" for position trading/long-term investing and fewer false signals → "Balanced" for swing trading/medium-term investing with moderate signal frequency → "Aggressive" for scalping/day trading and catching early trend changes Look for confluence between components: → Strong trend strength percentage and direction in the information panel → Overall market context aligning with the expected direction Use for multiple trading approaches: → Trend following during strong momentum periods → Counter-trend trading at band extremes during overextension → Early trend change detection with sensitivity adjustments → Stop loss placement using dynamic bands Combine with: → Volume indicators for additional confirmation → Support/resistance analysis for strategic entry/exit points → Multiple timeframe analysis for broader market context
Pine Script® indicator
by QuantAlgo
13
EMA ConditionsThis indicator was developed with the intention to display current market conditions according to the EMAs. There's a little box in the top right to display the conditions. I wanted to design something that shows already established market conditions, which is why I chose to use EMAs and candle closes as the source for identifying market conditions. Personally, I scalp momentum in trending market conditions, so having an already established trend lets me know when it's appropriate for me to apply my edge on my lower time frame. I use a 5m time frame for my setups and this is where I apply this indicator. I designed the indicator to function off any time frame, so you can use this indicator with whatever time frame you want. There are 5 conditions that I've set in place for this indicator, they're as follows: 1. Bullish conditions are met when price has closed 3+ consecutive candles over both EMAs (9 and 20 EMAs by default, but you can also choose what EMAs you want). 2. Bearish conditions are met when price has closed 3+ consecutive candles below both EMAs. 3. Reversal conditions are met when EMAs have crossed, and it will show those reversal conditions for the following 4 bars after the EMA cross over has taken place. Once there have been 4 bars closed, it will then show whatever condition is currently present. 4. Wait conditions are met when price is above/below (depending on direction of trend) the 9 ema. - So in a bull trend, if price is below the 9 ema, it'll show "Wait" 5. Flat conditions are met when both EMAs are showing minimal changes in value over a specified number of candles. This indicates that EMAs are moving sideways and volatility is low. Likely in range bound or chop environments. - The Flat threshold is adjustable. I have it set to 0.03% with a candle look back of 2 bars. This works the best for my edge, but you can set them to what you want. The Flat and Wait conditions will override all other conditions. The Reversal conditions will override both Bullish and Bearish conditions. This way, when the indicator is showing Bullish or Bearish conditions, you'll know that nothing else is present. Since I only trade in trending market conditions, I only trade when Bullish or Bearish conditions are met. If anything else is there then I'm not looking for my setups at that time. But you can use this however you'd like. If you like trading ranges, then trade when EMAs show flat. If you want to fade reversals and trade mean reversion, wait for a reversal condition to show and then look to fade that move. Get creative with it and with your edge. Don't put yourself in a box. This indicator was made using Grok AI since I have no clue how to write code. I'll make the script available for everyone, so you can make adjustments yourself and do your own thing with it if you want. If you have any questions or suggestions on how to improve the indicator, feel free to contact me on X: x.com
Pine Script® indicator
by premohs