Enhanced Price Z-Score OscillatorThe Enhanced Price Z-Score Oscillator by tkarolak is a powerful tool that transforms raw price data into an easy-to-understand statistical visualization using Z-Score-derived candlesticks. Simply put, it shows how far prices stray from their average in terms of standard deviations (Z-Scores), helping traders identify when prices are unusually high (overbought) or unusually low (oversold).
The indicator’s default feature displays Z-Score Candlesticks, where each candle reflects the statistical “distance” of the open, high, low, and close prices from their average. This creates a visual map of market extremes and potential reversal points. For added flexibility, you can also switch to Z-Score line plots based on either Close prices or OHLC4 averages.
With clear threshold lines (±2σ and ±3σ) marking moderate and extreme price deviations, and color-coded zones to highlight overbought and oversold areas, the oscillator simplifies complex statistical concepts into actionable trading insights.
Oscillators
RSI Status v1Simple RSI status indicator that displays GREEN for RSI cross-up of its EMA, and RED for RSI cross-down of its EMA. RSI value is also displayed.
Multi ADX + DIThis custom indicator combines the Average Directional Index (ADX) and Directional Indicators (DI+ and DI–) on multiple timeframes to help you spot potential buy and sell opportunities. Essentially, it checks the market’s momentum and whether bulls (DI+) or bears (DI–) have the upper hand, then displays color-coded signals on the chart. It also includes a built-in volume filter (using a smoothed RSI of volume) to help ensure signals appear only when there’s enough trading activity.
How to Use
Add to Your Chart
Select Timeframes
Choose up to three different timeframes (e.g., 5 min, 30 min, 4 hr) in the indicator settings. The script will calculate ADX and DI on each timeframe, so you can see how momentum behaves across different periods.
Look for Buy and Sell Signals
Buy Signals appear when the ADX and DI+ conditions across timeframes indicate bullish momentum, and volume meets certain thresholds. Bars turn aqua if a buy signal is triggered.
Sell Signals appear when the ADX and DI– conditions across timeframes indicate bearish momentum, and volume meets certain thresholds. Bars turn maroon if a sell signal is triggered.
Observe Bar Colors
Green bars suggest overall bullish conditions.
Red bars suggest overall bearish conditions.
Gray bars mean the indicator doesn’t see a clear bullish or bearish signal at the moment.
Look for Circles
A small circle appears on the chart when a new buy or sell signal occurs without having triggered another signal recently (helpful for spotting fresh opportunities).
Use this indicator as a guide alongside your other analysis. It’s most effective when combined with a thorough understanding of support/resistance levels, trends, and risk management strategies.
Additional Instructions on Inputs
Below is a simple breakdown of what each input does and how you can adjust them for your own trading style:
Timeframe Combination (tf1, tf2, tf3)
These let you pick up to three timeframes for calculating the ADX and DI values. For example, you might choose 5 minutes, 30 minutes, and 4 hours.
Adjusting these timeframes can help you see momentum trends over both short and longer periods. It’s often beneficial to use a smaller timeframe (like 5 or 15 minutes) alongside a mid-range (like 30 minutes or 1 hour) and a higher timeframe (like 4 hours or 1 day) to get a broader market perspective.
ADX Length (adxLen)
Controls how the Average Directional Index is calculated. A larger value (for instance, 14) smooths out results but responds more slowly to rapid price changes. A smaller value (like 8) reacts faster but can be more sensitive to short-lived fluctuations.
DI Length (diLen)
Similar to ADX Length, but specifically for the DI calculations (DI+ and DI–). Increasing this value may reduce signal noise, while decreasing it can generate quicker signals but potentially more false positives.
Volume*Price RSI Length (rsiLen)
Sets the length of the RSI used to measure “Volume * Price.” The RSI aims to show when the market might be “overbought” or “oversold.” Here, it’s used primarily as a volume filter to ensure trades happen in active market conditions.
How to Tweak
If you find the indicator too “choppy,” try increasing the ADX and DI lengths to make the signals smoother.
If you’re missing opportunities or if the indicator responds too slowly, shorten the lengths.
Experiment with different timeframe combinations to find the balance that makes sense for your specific trading strategy and risk tolerance.
These inputs allow you to tailor the indicator’s sensitivity and the breadth of market data it examines. Start with the default values, then make small adjustments as you track the outcomes on your favorite assets.
Christmas RSI with Jingle Bell [TrendX_]Jingle Bell 🔔, Jingle Bell 🔔, Jingle all the chart 📈 Merry Christmas Tradingview Community !!!
Introducing the Jingle Bell Indicator, a festive Pine Script creation designed to spread joy and luck to your trading endeavors. The Bow will change colors based on the reaction of RSI with the 50 level. Add a Jingle Bell drawing to your charts and celebrate the most wonderful time of the year. Turn on alert for today to get my Merry Christmas wish.
This indicator is my gift to the Tradingview community, designed to bring a touch of luck to your trades. Hope this Jingle Bell will bring some joy and festive vibes to your trading experience.
Range PolarityDescription:
This indicator is a "Rate of Change" style oscillator designed to measure market dynamics through the lens of price ranges. By utilizing the true range in conjunction with high and low separation, this script produces two distinct oscillators: one for positive price shifts and one for negative price shifts.
Key Features:
High/Low Isolation:
The script calculates the relative movement of upwards and downwards price movements over a user-defined period. This separation provides a nuanced view of market behavior, offering two separate signals for comparison.
Dynamic Transform Smoothing:
A smoothing transform is applied to the signals, ensuring better outlier handling while maintaining sensitivity to price extremes. This makes the oscillator especially suited for identifying overbought and oversold conditions.
Zero-Centered:
The zero line acts as a "gravity point," where shifts away or toward zero indicate market momentum. Signal crosses or reversals from extreme zones can signal potential entry or exit points.
Outlier Identification:
Unlike traditional ATR based strategies (e.g., Keltner Channels ), this indicator isolates high and low ranges, creating a more granular view of market extremes. These measurements can help identify shifts from the outlying positions and reversal opportunities.
Visual Enhancements:
Multiple layers enhance the visual distinction of the positive and negative transformations. Horizontal lines at key thresholds provide visual reference for overbought, oversold, and equilibrium zones.
How to Use:
Primary signals are shifts from outlying positions or a positive/negative cross. An extreme reading itself can reveal an incoming reversal when calibrated with other indicators or compared with higher timeframes. Pairing "Range Polarity" with volume and momentum can create a comprehensive strategy.
In conclusion, be aware the base length controls the window for high/low contributions while the transform smoothing enhances the raw data through normalization within a tempered range to filter out insignificant fluctuations.
Merry Christmas to all and have a Happy New Year!
Stochastic RSI color//@version=5
indicator("Stochastic RSI", shorttitle="Stoch RSI", overlay=false)
// Kullanıcı Girdileri
rsi_length = input.int(8, title="RSI Length") // RSI için periyot
stoch_length = input.int(10, title="Stochastic Length") // Stochastic için periyot
smooth_k = input.int(3, title="Smooth %K") // %K için smoothing periyodu
smooth_d = input.int(3, title="Smooth %D") // %D için smoothing periyodu
upper_band = 100 // Üst band (sabit)
lower_band = 0 // Alt band (sabit)
// RSI Hesaplama
rsi = ta.rsi(close, rsi_length)
// Stochastic RSI Hesaplama
lowest_rsi = ta.lowest(rsi, stoch_length)
highest_rsi = ta.highest(rsi, stoch_length)
stoch_rsi = (rsi - lowest_rsi) / (highest_rsi - lowest_rsi)
// %K ve %D Hesaplama
k = ta.sma(stoch_rsi * 100, smooth_k)
d = ta.sma(k, smooth_d)
// Görsel Çizim
hline(upper_band, "Upper Band", color=color.red, linestyle=hline.style_dotted)
hline(lower_band, "Lower Band", color=color.green, linestyle=hline.style_dotted)
plot(k, title="%K", color=color.blue, linewidth=2)
plot(d, title="%D", color=color.orange, linewidth=2)
Göstergenin Özellikleri:
1. RSI Uzunluğu (RSI Length):
o RSI, kapanış fiyatına dayanarak hesaplanır ve bu göstergede periyodu 8 olarak sabitlenmiştir. Daha kısa bir RSI periyodu, daha hızlı sinyaller verir.
2. Stochastic Uzunluğu (Stochastic Length):
o Stochastic hesaplamasında RSI'nin belirli bir süre içindeki en düşük ve en yüksek değerleri dikkate alınır. Bu periyot 10 olarak ayarlanmıştır.
3. %K ve %D:
o %K çizgisi, Stochastic RSI'nin 3 periyotluk hareketli ortalamasıdır.
o %D çizgisi ise %K çizgisinin 3 periyotluk hareketli ortalamasıdır.
4. Üst ve Alt Bantlar:
o Üst Bant: 100 seviyesinde kırmızı noktalı çizgi. Bu, aşırı alım bölgesini temsil eder.
o Alt Bant: 0 seviyesinde yeşil noktalı çizgi. Bu, aşırı satım bölgesini temsil eder.
Göstergenin Kullanımı:
1. Aşırı Alım ve Aşırı Satım Bölgeleri:
o %K ve %D çizgileri 100 seviyesine yaklaştığında, varlık aşırı alım bölgesindedir. Bu, fiyatın düşme olasılığının yüksek olduğunu gösterebilir.
o %K ve %D çizgileri 0 seviyesine yaklaştığında, varlık aşırı satım bölgesindedir. Bu, fiyatın yükselme olasılığını gösterebilir.
2. Çizgi Kesişimleri:
o %K çizgisi, %D çizgisini aşağıdan yukarı doğru kestiğinde, bu bir alış sinyali olarak yorumlanabilir.
o %K çizgisi, %D çizgisini yukarıdan aşağı doğru kestiğinde, bu bir satış sinyali olarak yorumlanabilir.
Dynamic Hybrid IndicatorHedef: Kısa vadeli trend dönüşlerini erken tespit ederek al-sat sinyalleri üretmek.
Zaman Dilimi: 1 dakikalık, 5 dakikalık ya da 15 dakikalık grafikler.
Multi-Feature IndicatorThe Multi-Feature Indicator combines three popular technical analysis tools — RSI, Moving Averages (MA), and MACD — into a single indicator to provide unified buy and sell signals. This script is designed for traders who want to filter out noise and focus on signals confirmed by multiple criteria.
Features:
RSI (Relative Strength Index):
Measures momentum and identifies overbought (70) and oversold (30) conditions.
A signal is triggered when RSI crosses these thresholds.
Moving Averages (MA):
Uses a short-term moving average (default: 9 periods) and a long-term moving average (default: 21 periods).
Buy signals occur when the short-term MA crosses above the long-term MA, indicating an uptrend.
Sell signals occur when the short-term MA crosses below the long-term MA, indicating a downtrend.
MACD (Moving Average Convergence Divergence):
A trend-following momentum indicator that shows the relationship between two moving averages of an asset's price.
Signals are based on the crossover of the MACD line and its signal line.
Unified Buy and Sell Signals:
Buy Signal: Triggered when:
RSI crosses above 30 (leaving oversold territory).
Short-term MA crosses above the long-term MA.
MACD line crosses above the signal line.
Sell Signal: Triggered when:
RSI crosses below 70 (leaving overbought territory).
Short-term MA crosses below the long-term MA.
MACD line crosses below the signal line.
Visualization:
The indicator plots the short-term and long-term moving averages on the price chart.
Green "BUY" labels appear below price bars when all buy conditions are met.
Red "SELL" labels appear above price bars when all sell conditions are met.
Parameters:
RSI Length: Default is 14. This controls the sensitivity of the RSI.
Short MA Length: Default is 9. This determines the short-term trend.
Long MA Length: Default is 21. This determines the long-term trend.
Use Case:
The Multi-Feature Indicator is ideal for traders seeking higher confirmation before entering or exiting trades. By combining momentum (RSI), trend (MA), and momentum shifts (MACD), it reduces false signals and enhances decision-making.
How to Use:
Apply the indicator to your chart in TradingView.
Look for "BUY" or "SELL" signals, which appear when all conditions align.
Use this tool in conjunction with other analysis techniques for best results.
Note:
The default settings are suitable for many assets, but you may need to adjust them for different timeframes or market conditions.
This indicator is meant to assist in trading decisions and should not be used as the sole basis for trading.
MERCURY-PRO by DrAbhiramSivprasd“MERCURYPRO”
The MERCURYPRO indicator is a custom technical analysis tool designed to provide dynamic trend signals based on a combination of the Chande Momentum Oscillator (CMO) and Standard Deviation (StDev). This indicator helps traders identify trend reversals or continuation based on the behavior of the price and momentum.
Key Features:
• Source Input: The indicator works with any price data, with the default set to close, which represents the closing price of each bar.
• Length Input: A period (default value 9) is used to determine the calculation window for the Chande Momentum Oscillator and Standard Deviation.
• Fixed CMO Length Option: Users can choose whether to use a fixed CMO length of 9 or adjust the length to the user-defined pds value.
• Calculation Method: The indicator allows switching between using the Chande Momentum Oscillator (CMO) or Standard Deviation (StDev) for the momentum calculation.
• Alpha: The smoothing factor used in the calculation of the MERCURYPRO value, which is based on the length of the period input (pds).
Core Calculation:
1. Momentum Calculation: The script calculates the momentum by determining the change in the source price (e.g., close) from one period to the next.
2. Chande Momentum Oscillator (CMO): The positive and negative momentum components are calculated and then summed over the specified period. This value is normalized to a percentage to determine the momentum strength.
3. K Value Calculation: The script selects either the CMO or Standard Deviation (depending on the user setting) to calculate the k value, which represents the dynamic price momentum.
4. MERCURYPRO Line: The final output of the indicator, MERCURYPRO, is computed using a weighted average of the k value and the previous MERCURYPRO value. The line is smoothed using the Alpha parameter.
Plot and Signal Generation:
• Color Coding: The line is color-coded based on the direction of MERCURYPRO:
• Blue: The trend is bullish (MERCURYPRO is rising).
• Maroon: The trend is bearish (MERCURYPRO is falling).
• Default Blue: Neutral or sideways market conditions.
• Plotting: The MERCURYPRO line is plotted with varying colors depending on the trend direction.
Alerts:
• Color Change Alert: The indicator has an alert condition based on when the MERCURYPRO line crosses its previous value. This helps traders stay informed about potential trend reversals or continuation signals.
Use Case:
• Trend Confirmation: Traders can use the MERCURYPRO indicator to identify whether the market is in a strong trend or not.
• Signal for Entries/Exits: The color change and crossovers of the MERCURYPRO line can be used as entry or exit signals, depending on the trader’s strategy.
Overall Purpose:
The MERCURYPRO indicator combines momentum analysis with smoothing techniques to offer a dynamic, responsive tool for identifying market trends and potential reversals. It is particularly useful in conjunction with other technical indicators to provide confirmation for trade setups.
How to Use the MERCURYPRO Indicator:
The MERCURYPRO indicator is designed to help traders identify trend reversals and market conditions. Here are a few ways you can use it:
1. Trend Confirmation (Bullish or Bearish)
• Bullish Trend: When the MERCURYPRO line is colored Blue, it indicates a rising trend, suggesting that the market is bullish.
• Action: You can consider entering long positions when the line turns blue, or holding your existing positions if you’re already long.
• Bearish Trend: When the MERCURYPRO line is colored Maroon, it signals a downward trend, indicating a bearish market.
• Action: You may consider entering short positions or closing any long positions when the line turns maroon.
2. Trend Reversal Alerts
• Color Change: The MERCURYPRO indicator changes color when there’s a trend reversal. The alert condition triggers when the MERCURYPRO crosses above or below its previous value, signaling a potential shift in the trend.
• Action: You can use this alert as a signal to monitor potential entry or exit points for trades. For example, a crossover from maroon to blue could indicate a potential buying opportunity, while a crossover from blue to maroon could suggest a selling opportunity.
3. Use with Other Indicators for Confirmation
• While the MERCURYPRO provides valuable trend insights, it’s often more effective when used in combination with other indicators like RSI (Relative Strength Index), MACD, or moving averages to confirm signals.
• Example: If MERCURYPRO turns blue and RSI is above 50, it may signal a strong bullish trend, enhancing the confidence to enter a long trade.
4. Divergence
• Watch for divergence between the MERCURYPRO line and the price chart:
• Bullish Divergence: If the price makes new lows while MERCURYPRO is showing higher lows, it suggests a potential bullish reversal.
• Bearish Divergence: If the price makes new highs while MERCURYPRO is showing lower highs, it suggests a potential bearish reversal.
Example of Use:
• Example 1: If the MERCURYPRO line changes from maroon to blue, you might enter a long position. After the MERCURYPRO line turns blue, use an alert to monitor the price action. If other indicators (like RSI) also suggest strength, your confidence in the trade will increase.
• Example 2: If the MERCURYPRO line shifts from blue to maroon, it could be a signal to close long positions and consider shorting the market if other conditions align (e.g., moving averages also turn bearish).
Warning for Using the MERCURYPRO Indicator:
1. Lagging Indicator:
• The MERCURYPRO is a lagging indicator, meaning it responds to price changes after they have occurred. This may delay entry and exit signals, and it’s crucial to combine it with other leading indicators to get timely information.
2. False Signals in Range-bound Markets:
• In choppy or sideways markets, the MERCURYPRO line can produce false signals, flipping between blue and maroon frequently without showing a clear trend. It’s important to avoid trading based on these false signals when the market is not trending.
3. Overreliance on One Indicator:
• Relying solely on MERCURYPRO can be risky. Always confirm signals with additional tools like volume analysis, price action, or other indicators to increase the accuracy of your trades.
4. Market Conditions Matter:
• The indicator may work well in trending markets, but in highly volatile or news-driven environments, it may provide misleading signals. Ensure that you take market fundamentals and external news events into consideration before acting on the indicator’s signals.
5. Risk Management:
• As with any technical indicator, MERCURYPRO is not infallible. Always use appropriate risk management techniques such as stop-loss orders to protect your capital. Never risk more than you can afford to lose on a trade.
6. Backtest First:
• Before implementing MERCURYPRO in live trading, make sure to backtest it on historical data. Test the strategy with various market conditions to assess its effectiveness and identify any potential weaknesses.
By considering these guidelines and warnings, you can use the MERCURYPRO indicator more effectively and mitigate potential risks in your trading strategy.
Multi Stochastic (Erick)Description for Multi Stochastic Indicator
The Multi Stochastic indicator provides a consolidated view of four Stochastic Oscillators in a single pane, each with customizable parameters. This tool is designed for traders who rely on Stochastic Oscillators for momentum analysis and want to compare multiple timeframes or configurations simultaneously.
Key Features:
Four Stochastic Configurations:
(9,3,3): Short-term momentum analysis.
(14,3,3): Standard Stochastic for general use.
(40,4,3): Mid-term trend analysis.
(60,10,1): Long-term trend analysis.
Customizable Parameters:
Adjust the K, D, and smoothing values for each Stochastic Oscillator.
Clear Visuals:
Distinct color coding for each %K and %D line.
Horizontal reference lines at 80 (Overbought), 50 (Midline), and 20 (Oversold).
Usage:
Identify overbought or oversold conditions across different timeframes.
Compare momentum shifts between short, mid, and long-term trends.
Enhance decision-making with a comprehensive view of market dynamics.
How It Works:
%K: The fast line representing the raw Stochastic value.
%D: The signal line, a moving average of %K.
Four Stochastic Oscillators are calculated using their respective Length, Smooth K, and Smooth D values.
Best Practices:
Combine with other indicators or price action analysis for confirmation.
Use the overbought and oversold zones to spot potential reversals or trend continuations.
Adjust parameters to suit your trading style and asset class.
This indicator is ideal for traders looking for an efficient way to monitor multiple Stochastic Oscillators simultaneously, improving clarity and reducing chart clutter.
CCI with DivergencesThis indicator identifies bullish and bearish divergences using the Commodity Channel Index (CCI). It is designed to help traders visualize divergence points with trendlines and labels, making it easier to spot potential market reversals.
Key Features:
Detects Bullish Divergences (CCI higher low while price forms a lower low).
Detects Bearish Divergences (CCI lower high while price forms a higher high).
Plots trendlines to connect divergence points for clear visualization.
Labels the divergence points with "Bull" or "Bear" for added clarity.
Includes alerts for both bullish and bearish divergences, so you never miss a signal.
How to Use:
Add this indicator to your chart and look for divergences in conjunction with other analysis methods.
Use the alerts to stay informed about new divergences as they form.
Disclaimer: This script is for educational purposes only and should not be considered financial advice. Trading in financial markets involves substantial risk and may not be suitable for all investors. Always do your own research and consult a professional financial advisor before making any trading decisions.
Quadriple StochasticThis is my Quadriple Stochastic Indicator. I run across a youtube channel called Day Trading Radio so a special thank you to them. They make trades using 4 Stochastic at different setting ( the settings are preset). The idea of the indicator is when all four stochastic are below oversold (preset <20) or above overbought (preset >80) at the same time this is a very good moment to enter a position or close a position. ( not financial advise ;) ) Especially on the higher TF i think this is a good starting point. Try it out and let me know what your thoughts are.
RSI FULL_DashboardRSI _ Full Dashboard ::: VISUAL CONDITION RSI MULTI-FRAME
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View 9 Dashboard location in Screen (recomended total black screen)
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Dashboard location: Top right/center/left, Middle right/center/left, Bottom right/center/left
//
View 8 Symbols x Dashboard
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View Main Timeframes at same time: 15 min, 30 min, 60 min, 240 min (4H), Day
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View Visual Color Alert in Dashboard
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GG_EMA 50/200 Crossover with RSI StrategyThe script generates a long signal if the 50 ema crosses the 200 upwards and at the same time the RSI >50.
The script generates a short signal if the 50 ema crosses the 200 downwards and at the same time the RSI <50.
Smart Trend, Crypto - WORK IN PROGRESSDescription of the Script
This Pine Script is a trend-following trading indicator designed to help traders identify buy and sell opportunities while managing risk through take-profit (TP) and stop-loss (SL) levels. Here’s what the script does in detail:
Core Features:
1. Trend Detection Using EMA Crossover:
• Fast EMA and Slow EMA are calculated using adjustable lengths.
• A Buy Signal is triggered when the Fast EMA crosses above the Slow EMA (bullish trend).
• A Sell Signal is triggered when the Fast EMA crosses below the Slow EMA (bearish trend).
2. Support for Multi-Condition Signals:
• The script combines EMA crossovers, RSI levels, and ADX strength to determine signals:
• Relative Strength Index (RSI): Detects overbought or oversold conditions.
• Average Directional Index (ADX): Ensures trends have sufficient strength.
• Signals only trigger if all selected conditions are met.
Risk Management Features:
3. Stop-Loss Levels:
• Stop-loss levels are calculated based on a percentage distance from the last Buy or Sell Signal.
• For a Buy Signal, the stop-loss is set below the buy price.
• For a Sell Signal, the stop-loss is set above the sell price.
• These levels are plotted as horizontal lines on the chart.
4. Take-Profit Levels:
• Take-profit levels are calculated as a percentage distance from the last Buy or Sell Signal:
• For a Buy Signal, the TP level is above the buy price.
• For a Sell Signal, the TP level is below the sell price.
• Take-Profit Bubbles:
• Small bubbles appear on the chart at TP levels only for the current Buy or Sell Signal.
• This helps focus on the latest trade without cluttering the chart.
Visual Aids:
5. Background Highlighting for Trend Identification:
• The chart background changes color to reflect the detected trend:
• Green for a bullish trend (Buy Signal).
• Red for a bearish trend (Sell Signal).
6. Clear Signal Markers:
• Buy Signal: A green triangle below the price bar.
• Sell Signal: A red triangle above the price bar.
• These markers help visually identify signal points on the chart.
Customizability:
• Adjustable Parameters: The script allows the user to customize:
• EMA lengths, ADX threshold, RSI levels, TP percentage, and SL percentage.
• Preset Configurations: Quick settings for popular assets like BTC, ETH, and others.
Usage:
1. Buy and Sell Signals:
• Use the signals to enter long (Buy) or short (Sell) trades.
2. Risk Management:
• Follow the Stop Loss and Take Profit levels to manage risk and lock in profits.
3. Trend Confirmation:
• Observe background colors and EMA lines to confirm trend direction.
This script provides a comprehensive tool for identifying trades, managing risk, and visually simplifying trend-following strategies. Let me know if you need further clarifications!
Simple Technical DashboardSimple Technical Dashboard is a comprehensive Pine Script indicator designed for rapid market analysis on TradingView charts. It presents a color-coded table in the top-right corner of the chart, enabling traders to instantly assess market conditions through multiple technical indicators. The dashboard operates as a chart overlay, providing real-time status updates for the selected trading symbol without interfering with the main price action display.
Key features include
- dynamic monitoring of three exponential moving averages (20, 50, and 200-period EMA)
- RSI with a 14-period setting
- MACD using standard parameters (12, 26, 9)
- Stochastic oscillator with 3-period smoothing.
Each indicator's status is displayed through an intuitive color scheme where
- green represents bullish conditions
- red indicates bearish signals.
The dashboard simplifies complex technical analysis by converting multiple indicators into clear visual signals, making it particularly valuable for quick market assessment and trade decision validation.
RCI 6 linesYou can display 6 RCIs. It’s simple, so feel free to adjust it as you like. Your support would be a great motivator for creating new indicators.
6本のRCIを表示できます。
シンプルですので、ご自由に調整してください。
応援頂けると新たなインジケーター作成の糧になります。
BTC 5min go with trend strategy by AdrienBCThis strategy uses higher time from (30min) 28 EMA for trend direction and takes entries on overbought zones for shorts and oversold zones for longs using the L3 banker fund indicator
SKDJ-yinjian777The SKDJ (Stochastic KDJ) indicator helps identify overbought and oversold conditions in the market, signaling potential reversal points.
Components
K Line (Fast Line): Reflects the current momentum.
D Line (Slow Line): Smooths the K line for clearer trends.
Overbought/Oversold Levels:
80: Overbought
20: Oversold
Signals
Buy Signal (Golden Cross):
K crosses above D.
K > 75.
Sell Signal (Death Cross):
K crosses below D.
K < 25.
Background Color
Green: K > D (Bullish)
Red: K < D (Bearish)
Usage Tips
Combine with Other Indicators for confirmation.
Adjust Parameters based on the asset and timeframe.
Backtest your strategy before live trading.
中文版本
概述
SKDJ（随机KDJ）指标用于识别市场的超买和超卖状态，提示潜在的反转点。
组成部分
K线（快线）：反映当前动量。
D线（慢线）：平滑K线，显示更清晰的趋势。
超买/超卖水平：
80：超买
20：超卖
信号
买入信号（金叉）：
K线上穿D线。
K > 75。
卖出信号（死叉）：
K线下穿D线。
K < 25。
背景颜色
绿色：K > D（看涨）
红色：K < D（看跌）
使用技巧
结合其他指标以确认信号。
根据资产和时间框架调整参数。
回测策略以确保有效性。
Custom RSI- Ashish SinghThe RSI Buy Above 60 and Sell Below 40 strategy is a trading approach based on the Custom RSI Indicator, which focuses on momentum shifts in the 40-60 range. Here's how it operates:
Buy Above 60:
Condition: When the RSI crosses above 60, it signals increasing bullish momentum.
Interpretation: The market is transitioning into a strong upward trend, suggesting a potential buying opportunity.
Execution:
Enter a buy position when the RSI value exceeds 60.
Confirm the signal using other technical tools (e.g., volume analysis, support/resistance levels).
Consider setting a stop-loss below a recent support level or below the 40 RSI level as a safeguard.
Sell Below 40:
Condition: When the RSI drops below 40, it indicates growing bearish momentum.
Interpretation: The market is entering a downtrend, making it an opportune moment to sell or short.
Execution:
Enter a sell position (or close long positions) when the RSI value falls below 40.
Confirm the signal with complementary analysis (e.g., trendlines, bearish candlestick patterns).
Place a stop-loss above a recent resistance level or above the 60 RSI level for risk management.
Key Considerations:
Avoiding Whipsaws:
In sideways or low-volatility markets, this strategy may generate false signals. Use additional filters like moving averages or Bollinger Bands to confirm trends.
Exit Strategies:
Consider exiting positions when the RSI reverts to the opposite threshold (e.g., sell when RSI drops below 60 after a buy, or buy back when RSI climbs above 40 after a sell).
Use trailing stops to lock in profits during strong trends.
Combining with Other Tools:
Pair the RSI signals with broader trend indicators like the MACD or Moving Averages to avoid acting on weak trends.
Risk Management:
Always define risk limits and position sizes to protect capital, particularly in volatile markets.
Example:
Buy Scenario: If the RSI rises from 58 to 62, confirming bullish momentum, initiate a long position. Exit the trade if the RSI falls back below 60 or based on a pre-defined profit target.
Sell Scenario: If the RSI drops from 42 to 38, signaling bearish momentum, initiate a short position. Exit the trade if the RSI climbs back above 40 or hits a stop-loss.
This simple yet effective strategy can provide clear entry and exit points when applied with discipline and supported by other market analysis tools.
RSI-Bollinger-Volume-ATR-Trend Entry with Smart Money ConceptsЦей скрипт для TradingView на основі RSI, смуги Боллінджера, EMA, ATR, об'єму та концепції "Smart Money". Він враховує торгові сесії (Азія, Франкфурт, Європа, Нью-Йорк) для фільтрації сигналів і використовує рівні ордерних блоків для підтвердження входу. Сигнали купівлі/продажу відображаються стрілками.
RSI Status v1Simple RSI status indicator that displays GREEN for RSI cross-up of its EMA, and RED for RSI cross-down of its EMA. RSI value is also displayed.
Quick Response Indicator with Moving Averages//@version=5
indicator("Quick Response Indicator with Moving Averages", overlay=true)
// RSI Ayarları
rsiLength = input.int(14, title="RSI Length")
rsiOverbought = input.int(70, title="RSI Overbought Level")
rsiOversold = input.int(30, title="RSI Oversold Level")
rsiSource = input.source(close, title="RSI Source")
// Hareketli Ortalamalar (SMA ve EMA) Ayarları
smaLength = input.int(50, title="SMA Length")
emaLength = input.int(9, title="EMA Length")
smaSource = input.source(close, title="SMA Source")
emaSource = input.source(close, title="EMA Source")
// RSI Hesaplaması
rsiValue = ta.rsi(rsiSource, rsiLength)
// SMA ve EMA Hesaplamaları
smaValue = ta.sma(smaSource, smaLength)
emaValue = ta.ema(emaSource, emaLength)
// Al ve Sat sinyalleri
longSignal = rsiValue < rsiOversold and close > emaValue
shortSignal = rsiValue > rsiOverbought and close < emaValue
// Long ve Short sinyalleri için uyarılar
alertcondition(longSignal, title="Long Signal", message="RSI < Oversold and Close > EMA. Long Signal!")
alertcondition(shortSignal, title="Short Signal", message="RSI > Overbought and Close < EMA. Short Signal!")
// Sinyalleri grafikte gösterme
plotshape(series=longSignal, location=location.belowbar, color=color.green, style=shape.labelup, title="Long Signal", text="Long")
plotshape(series=shortSignal, location=location.abovebar, color=color.red, style=shape.labeldown, title="Short Signal", text="Short")
// SMA ve EMA'yı grafikte gösterme
plot(smaValue, color=color.blue, title="SMA", linewidth=2)
plot(emaValue, color=color.orange, title="EMA", linewidth=2)
// RSI'yı grafikte gösterme
plot(rsiValue, color=color.blue, title="RSI")
hline(rsiOverbought, "Overbought", color=color.red)
hline(rsiOversold, "Oversold", color=color.green)
Key Features:
RSI (Relative Strength Index):
RSI is used to identify overbought or oversold conditions in the market.
When RSI is above 70, it signals overbought conditions, and when RSI is below 30, it indicates oversold conditions.
These levels can help generate trading signals. For example, an oversold condition (RSI < 30) paired with price above EMA may trigger a Long (Buy) signal. Conversely, an overbought condition (RSI > 70) with price below EMA could trigger a Short (Sell) signal.
Moving Averages:
SMA (Simple Moving Average): A 50-period moving average that represents the simple average of the closing prices over a defined period.
EMA (Exponential Moving Average): A 9-period moving average that gives more weight to recent prices, making it more responsive to price changes.
The indicator uses EMA to determine the trend direction, and SMA is used for a longer-term trend indication.
Buy (Long) and Sell (Short) Signals:
Long Signal (Buy): A long signal is generated when RSI is below 30 (oversold) and the current price is above the EMA, indicating a potential upward movement.
Short Signal (Sell): A short signal is generated when RSI is above 70 (overbought) and the current price is below the EMA, indicating a potential downward movement.
Plotting on the Chart:
The SMA, EMA, and RSI are plotted on the chart to give you a visual indication of trend and market conditions.
Long and Short signals are displayed on the chart as green and red arrows, respectively, to help you spot potential entry and exit points quickly.
Alerts:
Alerts are set for Long and Short signals using the alertcondition function. You can use these alerts to notify you when the indicator generates a trade signal.
Advantages of the Indicator:
Quick Response: By combining RSI with EMA and SMA, this indicator allows you to react quickly to market movements and make rapid trading decisions.
Simplified Strategy: The strategy focuses on using moving averages for trend direction and RSI for identifying overbought/oversold conditions, making it ideal for traders who prefer faster results.
Visual Guidance: The clear visual representation of the moving averages, RSI, and trade signals on the chart makes it easy to follow and act on market trends.
