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Chaikin Oscillator Multi-Timeframe BiasOverview Chaikin Oscillator Multi-Timeframe Bias is an indicator designed to help traders align with institutional buying and selling activity by analyzing Chaikin Oscillator signals across two timeframes—a higher timeframe (HTF) for trend bias and a lower timeframe (LTF) for timing. This dual-confirmation model helps traders avoid false breakouts and trade in sync with market momentum and accumulation or distribution dynamics. Core Concepts The Chaikin Oscillator measures the momentum of accumulation and distribution based on price and volume. Institutional traders typically accumulate slowly and steadily, and the Chaikin Oscillator helps reveal this pattern. Multi-timeframe analysis confirms whether short-term price action supports the longer-term trend. This indicator applies a smoothing EMA to each Chaikin Oscillator to help confirm direction and reduce noise. How to Use the Indicator Start by selecting your timeframes. The higher timeframe, set by default to Daily, establishes the broader directional bias. The lower timeframe, defaulted to 30 minutes, identifies short-term momentum confirmation. The indicator displays one of five labels: CALL Bias, CALL Wait, PUT Bias, PUT Wait, or NEUTRAL. CALL Bias means both HTF and LTF are bullish, signaling a potential opportunity for long or call trades. CALL Wait indicates that the HTF is bullish, but the LTF hasn’t confirmed yet. PUT Bias signals bearish alignment in both HTF and LTF, while PUT Wait indicates HTF is bearish and LTF has not yet confirmed. NEUTRAL means there is no alignment between timeframes and directional trades are not advised. Interpretation When the Chaikin Oscillator is above zero and also above its EMA, this indicates bullish momentum and accumulation. When the oscillator is below zero and below its EMA, it suggests bearish momentum and distribution. Bias labels identify when both timeframes are aligned for a higher-probability directional setup. When a “Wait” label appears, it means one timeframe has confirmed bias but the other has not, suggesting the trader should monitor closely but delay entry. Notes This indicator includes alerts for both CALL and PUT bias confirmation when both timeframes are aligned. It works on all asset classes, including stocks, ETFs, cryptocurrencies, and futures. Timeframes are fully customizable, and users may explore combinations such as 1D and 1H, or 4H and 15M depending on their strategy. For best results, consider pairing this tool with volume, volatility, or price action analysis.
Pine Script® indicator
by scottivey
System 0530 - Stoch RSI Strategy v13 SL-Priority TP-ReversalStrategy Overview: System 0530 - Stochastic RSI Multi-Timeframe This TradingView Pine Script outlines a strategy primarily based on the Stochastic RSI (Stoch RSI) indicator, employing a multi-timeframe approach for signal generation and confirmation. It is designed to operate on a 5-minute chart, referencing 15-minute data for higher-level context. Core Mechanics: Primary Indicator: Stochastic RSI, used to identify overbought/oversold conditions and potential momentum shifts. Timeframes: 5-minute chart: For initial signal triggers and primary execution. 15-minute chart: For signal confirmation and certain take-profit conditions. Entry Logic: Bullish Market Bias Adjustment: Reflecting an overall bullish market trend, this strategy is intended to be applied with more tolerance or lower requirements for triggering long positions compared to short positions. This can be achieved by adjusting the input parameters accordingly (e.g., setting a higher stoch_5min_k_long_trigger threshold, allowing longs to trigger when less oversold, or a higher stoch_15min_long_entry_level, requiring less deep confirmation for longs). 5-Minute Initial Trigger: Long: 5-minute Stoch RSI K-line crosses above its D-line, AND the K-value at the time of the cross is below a specified stoch_5min_k_long_trigger level. Short: 5-minute Stoch RSI K-line crosses below its D-line, AND the K-value at the time of the cross is above a specified stoch_5min_k_short_trigger level. 15-Minute Confirmation: After a 5-minute trigger, the strategy waits for a configurable number of 5-minute bars (wait_window_5min_bars) for confirmation from the 15-minute timeframe. Long Confirmation: 15-minute Stoch RSI K-line must be strictly greater than its D-line, AND the 15-minute K-value must be below stoch_15min_long_entry_level. Short Confirmation: 15-minute Stoch RSI K-line must be strictly less than its D-line, AND the 15-minute K-value must be above stoch_15min_short_entry_level. Position Lock: No new entry signals are generated if the strategy already holds an open position. Duplicate Signal Filter: A cooldown period, defined by min_bars_between_signals, must pass before another signal in the same direction can be considered. Exit Logic: Stop-Loss (SL): The SL is set based on the low (for longs) or high (for shorts) of the 5-minute bar on which the trade was entered. The position is closed if a subsequent 5-minute bar's closing price moves beyond this SL level. SL checks are prioritized over Take-Profit checks. Take-Profit (TP) - Two-Stage Mechanism: TP1 (Closes 50% of the position): Priority A (Extreme K Levels): If the 5-minute Stoch K OR 15-minute Stoch K value exceeds extreme_long_tp_level (for longs) or drops below extreme_short_tp_level (for shorts). Priority B (Conditional 5-min Cross + 15-min K-Reversal): If Extreme K conditions are not met, TP1 is triggered if: A 5-minute Stoch RSI K/D crossover occurs (K crosses below D for longs; K crosses above D for shorts - using strict ta.crossunder/ta.crossover). AND this 5-minute crossover is confirmed by a 15-minute Stoch K-value "reversal" (current 15m K < previous 15m K for longs; current 15m K > previous 15m K for shorts). TP2 (Closes remaining 50% of the position): This stage is active only after TP1 has been taken. If the 5-minute Stoch K OR 15-minute Stoch K value reaches the same extreme_long_tp_level or extreme_short_tp_level again, a waiting period begins, defined by tp2_extreme_k_wait_bars (number of 5-minute bars). If the extreme K condition persists after this waiting period, TP2 is executed. If the extreme K condition disappears during the waiting period, the TP2 attempt for that instance is cancelled. If tp2_extreme_k_wait_bars is set to 0, TP2 will trigger immediately upon the extreme K condition being met after TP1. Note on Fine-Tuning (as per user context): This strategy has been specifically fine-tuned for SPY. As with any trading system, its performance can vary across different instruments and market conditions. The user notes that to potentially maximize profits, especially in trending scenarios where the current "Extreme K" based TP2 might exit prematurely, it is advisable to explore and integrate other indicators or alternative take-profit methodologies. Dynamic approaches like ATR (Average True Range) trailing stops or trend-following exit signals could be considered for managing the second portion of the position.
Pine Script® strategy
by Archertoria
Breakout Scanner with VWAP + RSI + MACD + Volume SpikePRICE & MOVING AVERAGES 🟠 MA(10), MA(50), MA(200) Purpose: Track price trends over different time horizons MA10 – Very short-term trend (micro pullbacks) MA50 – Intermediate trend (support/resistance) MA200 – Long-term sentiment (bullish or bearish overall) Use: Crossovers indicate trend reversals. E.g., MA10 < MA50 = bearish. 📉 EMA(9), EMA(12), EMA(34) EMA = Exponential Moving Average Reacts faster than MA, used for quick entries/exits Common Strategy: EMA 9 crossing below EMA 34 → short signal You’re currently in a downtrend, as all EMAs slope down and price is below them. 🔵 VWAP (Volume Weighted Average Price) Purpose: Institutional benchmark Traders use VWAP as a mean reversion level. If price is below VWAP → bearish control; above → bullish control. In your chart: QQQ is below VWAP, suggesting institutional selling. 📊 BOLL(20) = Bollinger Bands Tracks volatility using 20-period MA ± 2 std. dev. Bands widen when volatility increases. In your chart: Price is riding the lower band → bearish pressure 🔁 RSI(14) = Relative Strength Index Measures momentum Ranges from 0 to 100 Above 70 = Overbought Below 30 = Oversold Current RSI is around 30–40, suggesting weak momentum, near oversold 📉 MACD (12, 26, 9) MACD Line (blue) = 12EMA - 26EMA Signal Line (red) = 9 EMA of MACD line Histogram = MACD – Signal When MACD crosses below Signal line → bearish Your chart: Histogram is red and increasing → bearish strength increasing ✅ SUMMARY FOR QQQ CHART (LIVE INTERPRETATION) Indicator Reading Signal MA/EMA All sloping down ❌ Bearish VWAP Price below VWAP ❌ Bearish Bollinger Price hugging lower band ❌ Bearish RSI(14) ~30-40 ⚠️ Weak MACD Red histogram growing ❌ Bearish Would you like me to generate a script-based trade signal system combining EMA + RSI + MACD for QQQ intraday calls/puts?
Pine Script® indicator
by karothu
Daily Levels & Time MarkersKey Features: Price Level Tracking: Previous Day High/Low (PDH/PDL) - Shows yesterday's highest and lowest prices as horizontal lines Overnight High/Low (ONH/ONL) - Tracks the highest and lowest prices during overnight sessions (4:00 PM to 9:30 AM ET) Opening Range High/Low (ORH/ORL) - Captures the price range during the first 30 minutes of regular trading (9:30-10:00 AM ET) Visual Elements: Draws horizontal lines for previous day levels that extend across the chart Creates rays (extending lines) for overnight and opening range levels that project forward from when they were established Uses different colors and line styles for each level type (solid lines for daily levels, dashed for opening range) Adds text labels showing the exact price values (PDH, PDL, ONH, ONL, ORH, ORL) Time Markers: Draws vertical dashed lines at key trading times: 10:00 AM, 11:30 AM, 1:00 PM, 2:30 PM, and 4:00 PM ET Uses Eastern Time zone by default but allows customization Customization Options: Toggle each feature on/off independently Customize colors for all line types Adjust timezone settings
Pine Script® indicator
by williams233aw
DB - Range Filter heikenashi Strategy DB - Range Filter Heikenashi Strategy Smart Filtering Meets Heiken-Ashi Precision for Adaptive Trend Breakouts This is not your average range filter strategy. Built from the ground up with adaptive signal logic and hybrid candle interpretation, this script merges range-based volatility filtering with Heiken-Ashi smoothing to isolate meaningful breakouts—while filtering out noise with surgical precision. 🔍 Key Innovations: • Dynamic Range Filtering Engine: Combines smoothed average range with directional bias to create high-confidence entries. • Candle Type Toggle: Choose between standard candles or Heiken-Ashi to shape your signals to your trading style. • Dual-Layer Trend Confirmation: Upward and downward movement counters ensure trend commitment before triggering entries. • Time-Filtered Backtesting: Easily isolate strategy performance within precise historical windows. • Optional Smart Stops: Add stop loss & take profit rules without changing the core logic—perfect for risk-managed deployment. 📈 Visual & Practical Features: • Multi-color bar analysis to identify strength, weakness, and transition zones. • Upper and lower dynamic bands for visualizing profit targets and range boundaries. • Buy/Sell signal labels with direction-aware logic to avoid choppy conditions. • Ideal for high-volatility assets (e.g., BTC) on short timeframes, but fully tunable for any market. Built for traders who value clarity over chaos, this strategy aims to reduce false signals and offer a cleaner execution framework for trend followers and breakout scalpers alike. > Make volatility your ally, not your enemy.
Pine Script® strategy
by DefiBanked
1
Codigo Trading 1.0📌Codigo Trading 1.0 This indicator strategically combines SuperTrend, multiple Exponential Moving Averages (EMAs), the Relative Strength Index (RSI), and the Average True Range (ATR) to offer clear entry and exit signals, as well as an in-depth view of market trends. Ideal for traders looking to optimize their operations with an all-in-one tool. 🔩How the Indicator Works: This indicator relies on the interaction and confirmation of several key components to generate signals: SuperTrend: Determines the primary trend direction. An uptrend SuperTrend signal (green line) indicates an upward trend, while a downtrend (red line) signals a downward trend. It also serves as a guide for setting Stop Loss and Take Profit levels. EMAs: Includes EMAs of 10, 20, 55, 100, 200, and 325 periods. The relationship between the EMA 10 and EMA 20 is fundamental for confirming the strength and direction of movements. An EMA 10 above the EMA 20 suggests an uptrend, and vice versa. Longer EMAs act as dynamic support and resistance levels, offering a broader view of the market structure. RSI: Used to identify overbought (RSI > 70/80) and oversold (RSI < 30/20) conditions, generating "Take Profit" alerts for potential trade closures. ATR: Monitors market volatility to help you manage exits. ATR exit signals are triggered when volatility changes direction, indicating a possible exhaustion of the movement. 🗒️Entry and Exit Signals: I designed specific alerts based on all the indicators I use in conjunction: Long Entries: When SuperTrend is bullish and EMA 10 crosses above EMA 20. Short Entries: When SuperTrend is bearish and EMA 10 crosses below EMA 20. RSI Exits (Take Profit): Indicated by "TP" labels on the chart, when the RSI reaches extreme levels (overbought for longs, oversold for shorts). EMA 20 Exits: When the price closes below EMA 20 (for longs) or above EMA 20 (for shorts). ATR Exits: When the ATR changes direction, signaling a possible decrease in momentum. 📌Key Benefits: Clarity in Trend: Quickly identifies market direction with SuperTrend and EMA alignment. Strategic Entry and Exit Signals: Receive timely alerts to optimize your entry and exit points. Assisted Trade Management: RSI and ATR help you consider when to take profits or exit a position. Intuitive Visualization: Arrows, labels, and colored lines make analysis easy to interpret. Disclaimer: Trading in financial markets carries significant risks. This indicator is an analysis tool and should not be considered financial advice. Always conduct your own research and trade at your own risk.
Pine Script® indicator
by Codigo_Trading
Profits Framework 25.6The Profits Framework 25.6 is a multi-timeframe, EMA-based trading system designed for futures traders seeking clean, high-conviction entries. This script uses: EMAs (12, 50, 200) for structure 30-minute confluence with the current chart A 4-factor entry scoring system (bias, stack, pullback, candle confirmation) Fixed 100-tick target/stop Real-time BUY/SELL labels with entry prices Scoreboard showing win/loss outcomes for both directions Best suited for NQ futures traders using the 15-minute chart for entries. Test and adapt to your style before live trading.
Pine Script® indicator
by dpratt
GStrategy XRP 4hRSI + Smart Money Trading Strategy This strategy combines RSI (Relative Strength Index) with Smart Money detection to identify high-probability reversal trades in trending markets. It uses strict entry/exit rules with a 10% hard stop-loss to manage risk. Strategy Logic 1. Entry Conditions Long Entry (Buy): RSI < 30 (Oversold condition) Smart Money Confirmation: Bullish candle (close > open) Volume > 35-period SMA (unusual buying pressure) Price hits a 5-bar low (potential reversal level) Short Entry (Sell): RSI > 70 (Overbought condition) Smart Money Confirmation: Bearish candle (close < open) Volume > 20-period SMA (unusual selling pressure) Price hits a 5-bar high (potential rejection level) 2. Exit Conditions Long Exit: RSI ≥ 70 (Take profit at overbought) Short Exit: RSI ≤ 40 (Take profit at mid-level) Stop-Loss: Hard 10% stop on all trades 3. Position Management No overlapping trades (only 1 position at a time). Stop-loss visualized on the chart (red line). Key Features ✅ RSI Filter: Avoids false reversals by requiring extreme RSI levels. ✅ Smart Money Detection: Confirms institutional activity via volume + price action. ✅ Asymmetric Exits: Longs exit at RSI 70 (full overbought). Shorts exit earlier at RSI 40 (conservative profit-taking). ✅ Strict Risk Control: 10% stop-loss prevents large drawdowns. Indicators Used RSI (14-period) Volume SMA (20 for shorts, 35 for longs) 5-bar High/Low for price extremes.
Pine Script® strategy
by Graali
Smart Grid Levels - Based on High/LowSmart Fibo - Calculation of Key Levels: - Finds the highest and lowest price within the lookbackBars range. - Computes the price difference (diff) between the high and low. - Determines the step size (step) by dividing diff by levels, creating evenly spaced grid levels. - Drawing the Grid Levels: - A loop (for i = 0 to levels) iterates through the number of levels. - Each level is calculated based on the lowest price plus increments of step. - Horizontal lines (line.new) are drawn at each level and extended rightward. - If showLabels is enabled, price labels are placed at each level. Usage in Trading : - Helps identify support and resistance zones based on price range. - Useful for grid trading strategies, where traders buy near lower levels and sell near higher ones. - Provides a structured view of price movement without relying on traditional indicators.
Pine Script® indicator
by AboBassil
CISD Levels by HAZEDCISD Levels by HAZED - Advanced Market Structure Analysis 📊 Overview The CISD Levels indicator is a sophisticated market structure analysis tool that automatically identifies and plots critical support and resistance levels based on Change in State Direction (CISD) methodology. This indicator helps traders visualize key market turning points and potential breakout/breakdown levels with precision. 🎯 What are CISD Levels? CISD (Change in State Direction) levels represent significant price points where market sentiment shifts from bullish to bearish or vice versa. These levels are dynamically calculated based on: Market structure breaks (higher highs/lower lows) Pullback patterns and trend continuations Real-time price action analysis Dynamic level updates as market conditions evolve ✨ Key Features 🔥 Smart Level Detection Automatically identifies bullish (+CISD) and bearish (-CISD) levels Real-time updates as market structure evolves Intelligent pullback detection algorithm 🎨 Full Customization Colors: Customize bullish/bearish level colors Line Styles: Choose from solid, dotted, or dashed lines Text Labels: Fully customizable text, size, and font options Transparency: Adjustable line transparency (0-100%) Extensions: Control how far lines extend into the future 📈 Historical Analysis Show All Levels: Option to display historical CISD levels Max Levels Control: Limit the number of historical levels shown (1-50) Level Management: Automatic cleanup of old levels 🚨 Smart Alerts Bullish Alerts: Get notified when price breaks above +CISD levels Bearish Alerts: Get notified when price breaks below -CISD levels Alert Frequency: Choose between "Once Per Bar" or "Once Per Bar Close" 📊 Statistics Table Market State: Current bullish/bearish market condition Active Levels: Count of currently active CISD levels Latest Levels: Display of most recent +CISD and -CISD values Positioning: 5 different table positions available 🛠️ How to Use For Swing Traders: Use CISD levels as key support/resistance zones Enter positions on level breaks with proper risk management Set stop losses below/above opposite CISD levels For Day Traders: Watch for price reactions at CISD levels Use levels for entry/exit timing Combine with volume analysis for confirmation For Position Traders: Identify major market structure changes Use higher timeframe CISD levels for strategic entries Monitor level breaks for trend continuation signals ⚙️ Settings Guide CISD Level Settings Bullish/Bearish Colors: Customize level appearance Custom Text: Add your own labels to levels Alert Setup: Enable notifications for level breaks Historical Levels: Choose to show past levels for context Appearance Customization Line Width: 1-5 pixel thickness options Line Style: Solid, dotted, or dashed Extension Bars: Control future projection (1-50 bars) Text Options: Size, font, and bold formatting Statistics Table Enable/Disable: Toggle table visibility Position: 5 placement options on chart Real-time Data: Live market state and level information 🎯 Best Practices Multi-Timeframe Analysis: Use CISD levels across different timeframes for confluence Risk Management: Always use proper position sizing and stop losses Confirmation: Combine with volume, momentum, or other indicators Market Context: Consider overall market conditions and news events Backtesting: Test the levels on historical data before live trading 📋 Technical Specifications Overlay: True (plots directly on price chart) Max Lines: 500 (handles multiple historical levels) Max Labels: 500 (supports extensive labeling) Real-time Updates: Dynamic level calculation and alerts Performance: Optimized code for smooth chart operation 🚀 Why Choose CISD Levels? Precision: Advanced algorithm for accurate level identification Flexibility: Extensive customization options for any trading style Reliability: Proven market structure analysis methodology User-Friendly: Intuitive settings with helpful tooltips Professional: Clean, professional appearance on any chart 📞 Support & Updates This indicator is actively maintained and updated. For questions, suggestions, or feature requests, feel free to reach out through TradingView messaging. ⚠️ Disclaimer: This indicator is for educational and informational purposes only. Always conduct your own analysis and risk management. Past performance does not guarantee future results.
Pine Script® indicator
by hazedoptions
1
🔥 Delta Emo + VWAP HUD (Clean) Delta Emo + VWAP HUD (Clean) Overview The Delta Emo + VWAP HUD (Clean) is a powerful and visually intuitive Pine Script® indicator designed to provide traders with real-time market insights directly on their charts. This all-in-one heads-up display (HUD) consolidates critical technical metrics—price action, volume surges, VWAP, RSI, MACD, and session time—into a sleek, customizable table. Built for traders who value clarity and efficiency, this indicator helps you stay focused on key market dynamics without cluttering your workspace. Key Features Price & Change Tracking : Displays the current price and percentage change, color-coded for quick identification of bullish (lime) or bearish (red) movements. Volume Surge Detection : Identifies high-volume "HYPE" moments (volume > 1.5x the 20-period SMA) and directional volume trends (UP, DOWN, or NEUTRAL), highlighted with vivid orange for surges. VWAP Integration : Tracks the Volume Weighted Average Price (VWAP) and signals whether the price is above (bullish, lime) or below (bearish, red) the VWAP line. RSI Analysis : Monitors the 14-period Relative Strength Index (RSI), labeling overbought (>70), oversold (<30), or neutral conditions with dynamic color coding (orange for overbought, lime for oversold, gray for neutral). MACD Trend : Evaluates the MACD (12, 26, 9) to display bullish (lime), bearish (red), or flat (gray) trends based on the MACD line's position relative to the signal line. Session Clock : Shows the current time (HH:MM) for real-time session awareness. Clean HUD Design : Presents all metrics in a compact, top-right table with a professional black background and white text, ensuring readability and minimal chart obstruction. Why Use This Indicator? The Delta Emo + VWAP HUD is ideal for traders seeking a streamlined, data-driven approach to decision-making. Whether you're a day trader, swing trader, or scalper, this indicator delivers actionable insights at a glance. The combination of volume surge detection, VWAP positioning, RSI conditions, and MACD trends empowers you to gauge market momentum, identify potential reversals, and align with broader trends—all from a single, user-friendly interface. How It Works The HUD updates on every bar, ensuring real-time data accuracy. Color-coded metrics (lime for bullish, red for bearish, orange for high-energy states, gray for neutral) make it easy to interpret market conditions instantly. The indicator is lightweight, overlay-friendly, and designed to complement any trading setup without overwhelming the chart. Usage Tips Scalping : Use volume surges ("HYPE") and VWAP positioning to time entries and exits during high-momentum periods. Swing Trading : Leverage RSI and MACD signals to confirm trend direction and avoid overbought/oversold traps. Customization : Adjust the RSI period, MACD settings, or volume surge threshold in the code to match your trading style. License This script is released under the Mozilla Public License 2.0 (mozilla.org). Author © StanTheTradingMan Get Started Add the Delta Emo + VWAP HUD (Clean) to your TradingView chart and take control of your trading with real-time, actionable insights. Stay ahead of the market with this clean, professional, and powerful tool!
Pine Script® indicator
by StanTheTradingMan
1
💩 W$J Meme Index 🧻The official W$J Meme Index — a custom-built, market cap–weighted index tracking the top 14 meme coins in real time. This indicator calculates the percent change from each coin’s initial price, applies a weight based on estimated market cap dominance, and combines them into a single index that starts at 100. Coins included: DOGE, SHIB, PEPE, WIF, BONK, FLOKI, BOME, MEME, MYRO, TOSHI, SPX6900, MOG, GIGA, and POPCAT. Designed by Wall Shit Journal for maximum degeneracy and absolute transparency. 💩 Degens Business. Trust the Index. This index is weighted. Not fair. Not equal. Just like life.
Pine Script® indicator
by yayanajingle
Combined ATPC & MACD DivergenceTrend Optimizer + Divergence Finder in One Unified Tool 🔍 Overview: This powerful dual-system indicator merges two proven analytical engines: ✅ The Algorganic Typical Price Channel (ATPC) — a custom trend oscillator that highlights mean-reversion and directional bias. ✅ A refined MACD system with divergence detection, enhanced with an adjusted Donchian midline for real-time trend strength filtering. Together, they provide a high-confidence, multi-signal system ideal for swing trading, scalping, or confirming reversals with context. ⚙️ Core Components & Logic 🧠 1. ATPC Engine (Trend Commodity Index) A momentum and volatility-normalized oscillator based on the typical price (H+L+C)/3: TrendCI Line (Blue) – Main trend signal based on smoothed CCI logic. TrendLine2 (Orange) – A slower smoothing of TrendCI for crossovers. Key Zones (customizable): 🔴 Ultra Overbought: +73 🟣 Overbought: +58 🟣 Oversold: -58 🔴 Ultra Oversold: -73 Trade Logic: ✅ Buy Signal: TrendCI crosses above TrendLine2 while in oversold zone ❌ Sell Signal: TrendCI crosses below TrendLine2 while in overbought zone Additional visual feedback: Histogram Bars show strength and direction of momentum shift Green/Red Circles highlight potential long/short setups 📉 2. MACD System + Divergence Finder Classic MACD enhanced with a Donchian Midline overlay to filter trend bias. 🔷 MACD Line and 🟠 Signal Line show crossover momentum 🟩/🟥 Histogram shows distance from the signal line 🟪 Adjusted Donchian Midline dynamically adapts to range-bound vs trending environments Background Color provides real-time trend state: ✅ Green = Bullish Trend ❌ Red = Bearish Trend No color = Neutral / Choppy MACD Boundaries (user-defined): Overbought: +1.0 Oversold: -1.0 🔀 3. Divergence Detection Spot hidden power shifts before price reacts: 🔼 Positive Divergence – Price makes lower lows, but MACD histogram rises 🔽 Negative Divergence – Price makes higher highs, but MACD histogram weakens These are visually marked with: Green “+Div” label (bullish reversal cue) Red “–Div” label (bearish exhaustion signal) 🎯 How to Use It For Trend Traders: Stay in sync with macro trend using MACD histogram + background Use ATPC crossovers for precision entries Avoid signals during neutral background (chop filter) For Reversal Traders: Look for bullish +Div with ATPC buy signal in oversold zone Look for bearish –Div with ATPC sell signal in overbought zone Mid-Donchian line can act as confluence or breakout trigger For Scalpers & Intraday Traders: Combine with VWAP, liquidity zones, or order flow levels ATPC crossovers + MACD histogram zero-line flip = potential scalp entry Use histogram slope and divergence to avoid false momentum traps 🧩 Customizable Inputs 🎛️ ATPC: Channel & Smoothing lengths, overbought/oversold thresholds 🎛️ MACD: Fast/slow EMAs, signal smoothing, Donchian period, bounds 🎨 Fully theme-compatible with adjustable colors and line styles 🔔 Alerts (Add Your Own) While this version doesn’t contain built-in alerts, you can easily add alerts based on: buySignal or sellSignal from ATPC logic Histogram cross zero or trend flip MACD Divergence event 📜 “This indicator doesn't just show signals—it tells a story about who’s in control of the market, and when that control might be slipping.”
Pine Script® indicator
by herose4the
OA - SMESSmart Money Entry Signals (SMES) The SMES indicator is developed to identify potential turning points in market behavior by analyzing internal price dynamics, rather than relying on external volume or sentiment data. It leverages normalized price movement, directional volatility, and smoothing algorithms to detect potential areas of accumulation or distribution by market participants. Core Concepts Smart Money Flow calculation based on normalized price positioning Directional VHF (Vertical Horizontal Filter) used to enhance signal directionality Overbought and Oversold regions defined with optional glow visualization Entry and Exit signals based on dynamic crossovers Highly customizable input parameters for precision control Key Inputs Smart Money Flow Period Smoothing Period Price Analysis Length Fibonacci Lookback Length Visual toggle options (zones, glow effects, signal display) Usage This tool plots the smoothed smart money flow as a standalone oscillator, designed to help traders identify potential momentum shifts or extremes in market sentiment. Entry signals are generated through crossover logic, while optional filters based on price behavior can refine those signals. Exit signals are shown when the smart money line exits extreme regions. Important Notes This indicator does not repaint Works on all timeframes and instruments Best used as a confirmation tool with other technical frameworks All calculations are based strictly on price data Disclaimer This script is intended for educational purposes only. It does not provide financial advice or guarantee performance. Please do your own research and apply appropriate risk management before making any trading decisions.
Pine Script® indicator
by onurag
3