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Directional Strength IndexThis indicator is designed to detect the dominant market direction and quantify its strength by aggregating signals across six key timeframes: 1H, 4H, 1D, 3D, 1W, and 1M. At its core, it uses a SMEMA 'the Simple Moving Average of an EMA' as the main trend reference. This hybrid smoothing method was chosen for its balance: the EMA ensures responsiveness to recent price moves, while the SMA dampens short-term volatility. This makes the SMEMA more stable than a raw EMA and more reactive than a simple SMA, especially in noisy or volatile environments. For each timeframe, a score between -10 and +10 is calculated. This score reflects: - the distance of the price from the SMEMA, using ATR as a dynamic threshold - the number of price deviations above or below the SMEMA - the slope of the SMEMA, which adjusts the score based on momentum These six timeframe scores are then combined into a single Global Score, using weighted averages. Three weighting profiles are available depending on your trading horizon: - Long Term: emphasizes weekly and monthly data - Swing Trading: gives balanced importance to all timeframes - Short Term: prioritizes 1H and 4H action This multi-timeframe aggregation makes the indicator adaptable to different styles while maintaining a consistent logic. The result is displayed in a table on the chart, showing: - the trend direction per timeframe (up, down or neutral) - the strength score per timeframe - the overall trend direction and strength based on the selected profile Optional deviation bands based on ATR multiples are also plotted to provide visual context for overextensions relative to the SMEMA. This indicator is non-repainting and built for objective, trend-based decision making.
Pine Script® indicator
by Julien_Eche
7
Rolling VWAP with 9:15AM Alert✅ Short Description: A dynamic Rolling VWAP indicator with deviation bands, real-time Buy/Sell alerts, and a special 9:15 AM IST first candle signal for Indian markets. ✅ Long Description (to publish): Rolling VWAP with Buy/Sell Alerts & 9:15 AM Candle Signal Published by: Vijay Bhilwade 📧 Contact: vijshr@yahoo.co.in 🔍 Overview: This indicator calculates a Rolling Volume Weighted Average Price (VWAP) over a dynamically adjustable window based on chart timeframe or custom input. It includes Buy/Sell crossover alerts, customizable standard deviation bands, and a special first candle signal at 9:15 AM IST — highly relevant for Indian markets. 📌 Key Features: ✅ Rolling VWAP based on price × volume in a sliding window 🎯 Buy Signal: When price crosses above VWAP 🔻 Sell Signal: When price crosses below VWAP 📊 Standard Deviation Bands (optional: 1x, 2x, 3x) 🕒 First Candle Alert at 9:15 AM IST for Indian market open 🔔 Alerts supported for all signal types 🛠️ How to Use: Add the indicator to any chart (1-minute or 5-minute resolution recommended) Optional: Customize the VWAP window by enabling “Use a fixed time period” Configure standard deviation bands for volatility tracking Enable alerts: “Buy Alert” / “Sell Alert” “9:15 Buy Alert” / “9:15 Sell Alert” (fires only on the first market candle at 9:15 AM IST) 🇮🇳 Made for Indian Markets This script includes a dedicated check for the first candle at 9:15 AM IST, used by professional traders in India to plan high-probability trades.
Pine Script® indicator
by vijshr1799
EX Trend Signal – Overlay🚨 Fibonacci Reactor Zone Detected on XAU/USD Gold is now testing the upper edge of a triangle structure, combined with an explosive Fibonacci cluster from multiple legs. 📍 Key Levels: • 1.618 = 3,326.00 (Already broken) • 2.618 = 3,385.66 • 3.618 = 3,422.72 • 4.236 = 3,445.63 🧠 Price is approaching the major confluence zone. A clean breakout above 3,360 could trigger a momentum spike toward 3,420+. ✅ Using EX-LEO Fibo Reactor™ v2 with trendline precision ✅ Triangle compression + EMA crossover 📊 Trading Ideas: • Buy on breakout above 3,360 • Buy the dip near 3,336–3,317 • Cut below 3,302 if momentum fails — 💬 Let me know your thoughts — Bullish or Bearish? ⚡ Follow for real-time charts and setups from the Command Table. #XAUUSD #Gold #Breakout #Fibonacci #PriceAction #TradingView #TechnicalAnalysis #Forex #GoldForecast
Pine Script® indicator
by ackstep
Equal Highs/Lows + SMT Divergences + Range FilterKey Functional Areas 🔹 Equal Highs and Lows Detection Strict Swing High/Low: Looks for equal swing points and ensures untouched in-between levels. Regular Equal High/Low: Uses a range filter (default 9.75 points across 5 bars) to validate. Volume and Time Filtering: You allow user toggles to include only periods with sufficient volume or time of day. 🔹 Swing Point Helpers Functions isSwingHigh() and isSwingLow() are used for strict equal high/low detection. 🔹 Range Filter Checks whether the high-low range over the last 5 candles meets a user-defined minimum (ensures significance). 🔹 Moving Averages Includes optional plotting of 20 and 200 SMA. 🔹 SMT Divergences Compares pivots between main symbol and two others (default: ES1! and YM1!). Detects divergence based on opposite directional movement at pivot points. Customizable color, thickness, and labels.
Pine Script® indicator
by morenotrading98
Fuerza de tendencia / Trend StrengthTrend Strength Indicator – Multimetric Scanner This indicator evaluates the strength of a bullish trend using 11 widely trusted technical signals. It aggregates price behavior, moving averages, RSI momentum, and Ichimoku Cloud position into a single table with intuitive checkmarks. Included conditions: Higher highs and higher lows RSI trending up Price above EMA21, SMA50, and SMA200 EMA21 above SMA50 and SMA200 SMA50 above SMA200 Price above the Ichimoku Cloud Each fulfilled condition adds a point to the Trend Strength Score (0 to 11). This visual summary helps traders quickly assess whether an asset is aligned with a strong upward trend. Includes language support for English and Spanish. Indicador de Fuerza de Tendencia – Escáner Multicriterio Este indicador evalúa la fuerza de una tendencia alcista utilizando 11 señales técnicas ampliamente reconocidas. Resume el comportamiento del precio, medias móviles, impulso del RSI y posición respecto a la Nube de Ichimoku en una tabla con íconos claros. Condiciones evaluadas: Máximos y mínimos alcistas RSI en alza Precio sobre EMA21, SMA50 y SMA200 EMA21 sobre SMA50 y SMA200 SMA50 sobre SMA200 Precio sobre la Nube de Ichimoku Cada condición cumplida suma un punto al Puntaje de Fuerza de Tendencia (de 0 a 11). Esta tabla visual permite evaluar rápidamente si un activo presenta una tendencia sólida al alza. Incluye soporte de idioma inglés y español.
Pine Script® indicator
by elpapadoctor
1
SPX to ES/MES**SPX to ES/MES Level Converter** This indicator is designed for traders who work with SPX price levels but execute trades on ES or MES futures. It allows you to input SPX-based key levels—such as call walls, put walls, vanna/charm zones, volatility triggers, and profit targets—and automatically converts them into their real-time ES/MES equivalents. ### 📌 Features: - Manual input of SPX levels (e.g. 5900, 5850, etc.) - Live conversion to ES or MES levels using a dynamic spot ratio - Plots include: - 🟢 Call Wall - 🔴 Put Wall - 🟠 Vanna - 🟣 Charm - 🟡 Volatility Trigger - ✅ Long Profit Targets - ❌ Short Profit Targets - Smoothing parameter to stabilize visual line display ### 🧠 How it Works: - The indicator calculates a dynamic ratio between the ES/MES price and your manually input SPX spot. - This ratio is applied to each SPX level to determine its corresponding ES/MES equivalent. - It plots each line at its translated futures level so your chart reflects accurate futures-aligned decision points. > Tip: Adjust the `Current SPX Spot` input daily to match live spot values for maximum precision. This version does not include text labels on the chart. For a labeled version, check out the updated release with `label.new()` annotations for each level. **Use case:** Great for traders who generate levels off SPX options flow, but execute on ES/MES contracts intraday. Created by pogchamp99 | Inspired by SPY → ES conversion by ItsAnders81
Pine Script® indicator
by Pogchamp99
DECODE Global Liquidity IndexDECODE Global Liquidity Index 🌊 The DECODE Global Liquidity Index is a powerful tool designed to track and aggregate global liquidity by combining data from the world's 13 largest economies. It offers a comprehensive view of financial liquidity, providing crucial insights into the underlying currents that can influence asset prices and market trends. The economies covered are: United States, China, European Union, Japan, India, United Kingdom, Brazil, Canada, Russia, South Korea, Australia, Mexico, and Indonesia. The European Union accounts for major individual economies within the EU like Germany, France, Italy, Spain, Netherlands, Poland, etc. Key Features: 1. Customizable Liquidity Sources Include Global M2: You can opt to include the M2 money supply from the 13 listed economies. M2 is a broad measure of money supply that includes cash, checking deposits, savings deposits, money market securities, mutual funds, and other time deposits. (Note: Australia uses M3 as its primary measure, which is included when M2 is selected for Australia). Include Central Bank Balance Sheets (CBBS): Alternatively, or in addition, you can include the total assets held by the central banks of these economies. Central bank balance sheets expand or contract based on monetary policy operations like quantitative easing (QE) or tightening (QT). Combined View: If you select both M2 and CBBS, and data is available for both, the indicator will display an average of the two aggregated values. If only one source type is selected, or if data for one type is unavailable despite both being selected, the indicator will display the single available and selected component. This provides flexibility in how you define and analyze global liquidity. 2. Lead/Lag Analysis (Forward Projection): Lead Offset (Days): This feature allows you to project the liquidity index forward by a specified number of days. Why it's useful: Global liquidity changes can often be a leading indicator for various asset classes, particularly those sensitive to risk appetite, like Bitcoin or growth stocks. These assets might lag shifts in liquidity. By applying a lead (e.g., 90 days), you can shift the liquidity data forward on your chart to more easily visualize potential correlations and identify if current asset price movements might be responding to past changes in liquidity. 3. Rate of Change (RoC) Oscillator: Year-over-Year % View: Instead of viewing aggregate liquidity, you can switch to a Year-over-Year (YoY%) Rate of Change (ROC) oscillator. Why it's useful: Momentum Identification: The ROC highlights the speed and direction of liquidity changes. Positive values indicate liquidity is increasing compared to a year ago, while negative values show it's decreasing. Turning Points: Oscillators make it easier to spot potential accelerations, decelerations, or reversals in liquidity trends. A cross above the zero line can signal strengthening liquidity momentum, while a cross below can signal weakening momentum. Cycle Analysis: It helps in assessing the cyclical nature of liquidity provision and its potential impact on market cycles. This indicator aims to provide a clear, customizable, and insightful measure of global liquidity to aid traders and investors in their market analysis.
Pine Script® indicator
by decodejar
1
Pi Cycle IndicatorThe Pi Cycle Top is a timing tool used to spot Bitcoin cycle peaks. It tracks the 111-day Simple Moving Average (SMA) and twice the 350-day SMA. When the faster 111-day SMA crosses above 2× the 350-day SMA, it has historically signaled major Bitcoin tops — often within days. Core Idea: Measures market euphoria and overheated conditions by blending price and time dynamics. Designed to catch tops when momentum peaks. Important: High historical accuracy, but not bulletproof. Works best as a macro cycle indicator — not for precise exits.
Pine Script® indicator
by DecryptCapital
MVRV Z-ScoreThe MVRV ratio compares Bitcoin’s market cap (current price × supply) to its realized cap (the value of all coins at the price they last moved). It shows how overheated or undervalued Bitcoin is relative to historical investor cost bases. Core Idea: High MVRV = market likely overheated (potential top). Low MVRV = market undervalued (potential bottom). It measures market sentiment and potential risk zones. Important: Strong historical signals, but not foolproof. Best used as a macro tool — not for timing short-term moves.
Pine Script® indicator
by DecryptCapital
Pi Cycle Bitcoin BottomThe Pi Cycle Bottom is an on-chain indicator designed to pinpoint Bitcoin market cycle lows. It uses two moving averages: the 471-day Simple Moving Average (SMA) and 150 times the 350-day Exponential Moving Average (EMA). Historically, when these two lines cross, it has accurately signaled the bottom of major Bitcoin bear markets — often within just a few days. Core Idea: It measures extreme downside market exhaustion by combining price and time factors to highlight periods of maximum capitulation. Important: Like any indicator, it’s not a guarantee — just a tool. Strong historical performance, but no promises for the future.
Pine Script® indicator
by DecryptCapital
Momentum Fusion v1Momentum Fusion v1 Overview Momentum Fusion v1 (MFusion) is a multi-oscillator indicator that combines several components to analyze market momentum and trend strength. It incorporates modified versions of classic indicators such as PVI (Positive Volume Index), NVI (Negative Volume Index), MFI (Money Flow Index), RSI, Stochastic, and Bollinger Bands Oscillator. The indicator displays a histogram that changes color based on momentum strength and includes "FUSION🔥" signal labels when extreme values are reached. Indicator Settings Parameters: EMA Length – Smoothing period for the moving average (default: 255). Smoothing Period – Internal calculation smoothing parameter (default: 15). BB Multiplier – Standard deviation multiplier for Bollinger Bands (default: 2.0). Show verde / marron / media lines – Toggles the display of auxiliary lines. Show FUSION🔥 label – Enables/disables signal labels. Indicator Components 1. PVI (Positive Volume Index) Formula: pvi := volume > volume ? nz(pvi ) + (close - close ) / close * sval : nz(pvi ) Description: PVI increases when volume rises compared to the previous bar and accounts for price percentage change. The stronger the price movement with increasing volume, the higher the PVI value. 2. NVI (Negative Volume Index) Formula: nvi := volume < volume ? nz(nvi ) + (close - close ) / close * sval : nz(nvi ) Description: NVI tracks price movements during declining volume. If the price rises on low volume, it may indicate a "stealth" trend. 3. Money Flow Index (MFI) Formula: 100 - 100 / (1 + up / dn) Description: An oscillator measuring money flow strength. Values above 80 suggest overbought conditions, while values below 20 indicate oversold conditions. 4. Stochastic Oscillator Formula: k = 100 * (close - lowest(low, length)) / (highest(high, length) - lowest(low, length)) Description: A classic stochastic oscillator showing price position relative to the selected period's range. 5. Bollinger Bands Oscillator Formula: (tprice - BB midline) / (upper BB - lower BB) * 100 Description: Indicates the price position relative to Bollinger Bands in percentage terms. Key Lines & Histogram 1. Verde (Green Line) Calculation: verde = marron + oscp (normalized PVI) Interpretation: Higher values indicate stronger bullish momentum. A FUSION🔥 signal appears when the value reaches 750+. 2. Marron (Brown Line) Calculation: marron = (RSI + MFI + Bollinger Osc + Stochastic / 3) / 2 Interpretation: A composite oscillator combining multiple indicators. Higher values suggest overbought conditions. 3. Media (Red Line) Calculation: media = EMA of marron with smoothing period Interpretation: Acts as a signal line for trend confirmation. 4. Histogram Calculation: histo = verde - marron Colors: Bright green (>100) – Strong bullish momentum. Light green (>0) – Moderate bullish momentum. Orange (<0) – Bearish momentum. Red (<-100) – Strong bearish momentum. Signals & Alerts 1. FUSION🔥 (Strong Momentum) Condition: verde >= 750 Visualization: A "FUSION🔥" label appears below the chart. Alert: Can be set to trigger notifications when the condition is met. 2. Background Aura Condition: verde > 850 Visualization: The chart background turns teal, indicating extreme momentum. Usage Recommendations FUSION🔥 Signal – Can be used as a long entry point when confirmed by other indicators. Histogram: 1. Green bars – Potential long entry. 2. Red/orange bars – Potential short entry. 3. Media & Marron Crossover – Can serve as an additional trend filter. 4. Suitable for a 5-15 minute time frame Conclusion Momentum Fusion v1 is a powerful tool for momentum analysis, combining multiple indicators into a unified system. It is suitable for: Trend traders (catching strong movements). Scalpers (identifying short-term impulses). Swing traders (filtering entry points). The indicator features customizable settings and visual signals, making it adaptable to various trading styles.
Pine Script® indicator
by Zdorman
Low Volatility Breakout Detector)This indicator is designed to visually identify potential breakouts from consolidation during periods of low volatility. It is based on classic Bollinger Bands and relative volume. Its primary purpose is not to generate buy or sell signals but to assist in spotting moments when the market exits a stagnation phase. Arrows appear only when the price breaks above the upper or below the lower Bollinger Band, the band width is below a specified threshold (expressed in percentage), and volume is above its moving average multiplied by a chosen multiplier (default is 1). This combination may indicate the start of a new impulse following a period of low activity. The chart background during low volatility is colored based on volume strength—the lower the volume during stagnation, the less transparent the background. This helps quickly spot unusual market behavior under seemingly calm conditions. The background opacity is dynamically scaled relative to the range of volumes over a selected period, which can be set manually (default is 50 bars). The indicator works best in classic horizontal consolidations, where price moves within a narrow range and volatility and volume clearly decline. It is not intended to detect breakouts from formations such as triangles or wedges, which may not always exhibit low volatility relative to Bollinger Bands. Settings allow you to adjust: Bollinger Band length and multiplier, Volatility threshold (in %), Background and arrow colors, Volume moving average length and multiplier, Bar range used for background opacity scaling. Note: For reliable results, it’s advisable to tailor the volatility threshold and volume/background ranges to the specific market and timeframe, as different instruments have distinct dynamics. If you want the background color to closely match the color of breakout arrows, you should set the same volume analysis period as the volume moving average length. Additional note: To achieve a cleaner chart and focus solely on breakout signals, you can disable the background and Bollinger Bands display in the settings. This will leave only the breakout arrows visible on the chart, providing a clearer and more readable market picture.
Pine Script® indicator
by Uncle_the_shooter
Contrarian Crowd OscillatorEver enter a trade because it looks super bullish or bearish and immediately goes the other way? The Contrarian Crowd Oscillator identifies dangerous market sentiment extremes by synthesizing multiple technical indicators into a single powerful contrarian signal. Stop getting trapped in crowded trades and start profiting from crowd psychology! What This Indicator Does This oscillator combines 6 different technical perspectives (RSI, Stochastic, Williams %R, CCI, ROC, and MFI) to measure market consensus and identify when sentiment becomes dangerously one-sided. It answers the critical question: "Is everyone thinking the same thing right now?" Why This Works Market psychology is predictable. When everyone becomes extremely bullish or bearish, they create unsustainable conditions: Extreme Bullishness: No buyers left to push prices higher Extreme Bearishness: No sellers left to push prices lower High Consensus: Crowded trades become vulnerable to sudden reversals This oscillator quantifies these psychological extremes and gives you the edge to trade against the crowd when they're most likely to be wrong.
Pine Script® indicator
by B3AR_Trades
2
PER Bands (Auto EPS)PER Bands Indicator - Technical Specification Function This PineScript v6 overlay indicator displays horizontal price bands based on Price-to-Earnings Ratio multiples. The indicator calculates price levels by multiplying earnings per share values by user-defined PER multiples, then plots these levels as horizontal lines on the chart. Data Sources The script attempts to automatically retrieve earnings per share data using TradingView's `request.financial()` function. The system first queries trailing twelve months EPS data, then annual EPS data if TTM is unavailable. When automatic retrieval fails or returns zero values, the indicator uses manually entered EPS values as a fallback. Configuration Options Users can configure five separate PER multiples (default values: 10x, 15x, 20x, 25x, 30x). Each band supports individual color customization and adjustable line width settings from 1 to 5 pixels. The indicator includes toggles for band visibility and optional fill areas between adjacent bands with 95% transparency. Visual Components The indicator plots five horizontal lines representing different PER valuation levels. Optional fill areas create colored zones between consecutive bands. A data table in the top-right corner displays current EPS source, EPS value, current PER ratio, and calculated price levels for each configured multiple. Calculation Method The indicator performs the following calculations: - Band Price = Current EPS × PER Multiple - Current PER = Current Price ÷ Current EPS These calculations update on each bar close using the most recent available EPS data. Alert System The script includes alert conditions for price crossovers above the lowest PER band and crossunders below the highest PER band. Additional alert conditions can be configured for any band level through the alert creation interface. Debug Features Debug mode displays character markers on the chart indicating when TTM or annual EPS data is available. This feature helps users verify which data source the indicator is using for calculations. Data Requirements The indicator requires positive, non-zero EPS values to function correctly. Stocks with negative earnings or zero EPS will display "N/A" for current PER calculations, though bands will still plot using the manual EPS input value. Exchange Compatibility Automatic EPS data availability varies by exchange. United States equity markets typically provide comprehensive fundamental data coverage. International markets may have limited automatic data availability, requiring manual EPS input for accurate calculations. Technical Limitations The indicator cannot fetch real-time EPS updates and relies on TradingView's fundamental data refresh schedule. Historical EPS changes are not reflected in past band positions, as the indicator uses current EPS values for all historical calculations. Display Settings The information table shows EPS source type (TTM Auto, Annual Auto, Manual, or Manual Fallback), allowing users to verify data accuracy. The table refreshes only on the last bar to optimize performance and reduce computational overhead. Code Structure Built using PineScript v6 syntax with proper scope management for plot and fill functions. The script uses global scope for all plot declarations and conditional logic within plot parameters to handle visibility settings. Version Requirements This indicator requires TradingView Pine Script version 6 or later due to the use of `request.financial()` functions and updated syntax requirements for plot titles and fill operations.
Pine Script® indicator
by hungryWhale69029
Time HighlightHow This Works: Time Conversion: The script converts the current time to HHMM format (e.g., 9:16 becomes 916) for easy comparison. Timeframe Detection: It checks the current chart's timeframe: For 1-minute charts: Exactly matches the target times For 5-minute charts: Checks if the target time falls within the 5-minute window For 15-minute charts: Checks if the target time falls within the 15-minute window Highlighting: When the condition is met, it highlights the candle with a semi-transparent yellow color. Note: The script will work on 1-minute, 5-minute, and 15-minute timeframes only The highlight appears on the candle that contains the specified time The transparency is set to 70% so you can still see the candle through the highlight You can adjust the transparency level by changing the transp parameter (0 = fully opaque, 100 = fully transparent). make a pine script which change the color of the candle in yellow color in 1,5,15 timeframe at the time of 9:16, 9:31, 9:46
Pine Script® indicator
by sandeepjakhar333