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Breakouts with timefilter [LuciTech]Here's the updated description with "colors" replaced by "colours" throughout, maintaining the original structure and content: Breaking Point 2.0 This is a technical analysis overlay indicator designed to identify breakout levels based on pivot highs and lows, with a focus on price action during customizable time windows using London time (UK). It draws horizontal lines at pivot points and plots signals when price breaks above or below these levels, offering traders a tool to monitor potential bullish or bearish movements. The indicator includes options for time filtering and displaying only the most recent breakout. Features The Pivot Breakout Lines display horizontal lines at detected pivot highs (bullish) and pivot lows (bearish), coloured green and red by default. These lines extend from the pivot point to the breakout bar and can be set to show only the latest breakout. The Breakout Signals mark bullish breakouts with an upward triangle below the bar and bearish breakouts with a downward triangle above the bar, using customizable colours. The Time Filter restricts signals and lines to a specific window (default: 14:30–15:00 UK), which can be toggled on or off. A shaded background highlights this period when enabled. How It Works The indicator calculates pivot highs and lows using a user-defined lookback period (default: 5 bars). When price closes above a pivot high, it triggers a bullish signal and draws a line from the pivot to the breakout bar. When price closes below a pivot low, it triggers a bearish signal with a corresponding line. If the time filter is active, signals and lines only appear within the specified window. Outside this period—or if the filter is disabled—they appear based solely on price action. The indicator maintains up to three recent pivots in memory, removing older ones as new pivots form. Alerts are available for both bullish and bearish breakouts, triggered when signals occur. Settings Length controls the lookback period for pivot detection (default: 5). Colours Bull/Bear sets the colours for bullish (default: green) and bearish (default: red) lines and signals. Show Last Breakout toggles whether only the most recent breakout line and signal are displayed (default: false). Time Filter enables or disables the time restriction (default: true). Fill Background toggles a shaded area during the time window (default: true), with a customizable colour. Time Settings define the start hour/minute and end hour/minute for the filter (default: 14:30–15:00). Interpretation The Pivot Breakout Lines highlight levels where price has previously reversed, potentially acting as support or resistance. A breakout above a pivot high may suggest bullish momentum, while a breakout below a pivot low may indicate bearish pressure. The Breakout Signals provide visual cues for these events, useful for timing entries or exits. When "Show Last Breakout" is enabled, the chart focuses on the most recent signal, reducing clutter. The Time Filter and background shading help traders concentrate on specific trading sessions, such as high-volatility periods. When disabled, the indicator tracks breakouts across all times.
Pine Script™ indicator
by TradesLuci1
Cumulative VWAP and EMA with Ichimoku and volume (v3.0)calculated by using vwap to make Lines, SMA, EMA 14, 26, 34, 89, 147, 200, 258, 369, 610, then select and combine the most responsive lines and generelate a filled band to express the range of distortion before price start changing its direction of responses. Then by that calculated out the 2 upper and lower bands based on the comcept of bollinger band to create a "no trade zone " that used for amatuers to avoid trading if no experiences. Then wait for ALMA line to harmonic aglined with upper no trading zone line to start trading. If ALMA line aline with No trad zone top, turn green color, and above the balance zone, then go long every time price hit back to ALMA line. then short for versa. IF price get into no trade zone, non-exp trader should not trade, pro-trader can observe the balance space to take a position same direction with the ALMA line and the no trade zone line. If ALMA line is inside the no trade zone, then don't trade. Just simple it is.
Pine Script™ indicator
by bmh248
GEX and Vanna LevelsGEX and Vanna Levels Indicator for SPX Description: The GEX and Vanna Levels Indicator is a daily-updated market positioning tool designed specifically for SPX (S&P 500 Index) traders. It visualizes critical gamma exposure (GEX) and vanna levels, providing insights into dealer positioning, volatility dynamics, and potential market inflection points. Since market positioning changes daily, all key levels (zero vanna flips, gamma support/resistance, pivots, and magnet levels) must be calculated and input manually each day to reflect the most accurate and relevant market conditions. This script helps traders identify areas where market makers are likely to adjust their hedging strategies, influencing price movements. It incorporates zero vanna flips, gamma support/resistance zones, key pivots, and magnet levels, all of which play a crucial role in understanding intraday and swing trading conditions. Key Features & How It Works: 🔹 Zero Vanna Flips (Support/Resistance) – Levels where volatility impacts price movement, requiring vol compression for a breakout. 🔹 Gamma Support & Resistance – Zones where dealer hedging pressure may pin price action or accelerate moves. 🔹 Main Pivot Level – A key inflection point derived from market positioning; price movement above or below this level dictates direction. 🔹 Upside & Downside Magnets – Identified areas where price is likely to be attracted based on hedging flows and positioning. 🔹 Iron Condor Visualization – Displays key ranges of customer and market maker positions to analyze volatility compression/expansion areas. 🔹 Custom Alerts – Notifies traders when price breaks critical GEX and vanna levels. How to Use This Indicator: 1️⃣ Update Levels Daily – Before each trading session, input the latest zero vanna, gamma, and pivot levels for accurate analysis. 2️⃣ Monitor Zero Vanna Flips (6121, 6071): These act as key support and resistance zones that can only be broken if volatility contracts. 3️⃣ Pay Attention to the Main Pivot (6085.58): A crucial level that determines directional bias—price holding above it favors bullish conditions. 4️⃣ Track Gamma Support/Resistance (6107-6115): If price holds in this zone, market makers may keep price range-bound. 5️⃣ Watch Magnet Levels (6045, 6186.4): If price breaks key levels, it is likely to gravitate toward these magnets. 6️⃣ Iron Condor Ranges (6030-6035 & 6080-6085): Understanding these zones helps traders identify potential volatility suppression areas. Who Can Benefit from This Indicator? ✅ Intraday & Swing Traders – Helps identify key reversal levels and potential price magnet areas. ✅ Options Traders – Essential for understanding market maker hedging flows, gamma positioning, and implied volatility shifts. ✅ Institutional & Retail Investors – Provides deeper insight into market positioning beyond traditional technical indicators. Publishing & Compliance Notes: All levels must be updated daily to reflect current market positioning. This indicator is strictly for SPX, ensuring accurate gamma and vanna level calculations. No repainting or misleading elements—data is derived from market positioning models and widely used quantitative methodologies. It is not financial advice; traders should combine this tool with other analysis techniques.
Pine Script™ indicator
by crawdad77
CandelaCharts - Liquidity Key Zones (LKZ)📝 Overview The Liquidity Key Zones indicator displays the previous high and low levels for daily, weekly, monthly, quarterly, and yearly timeframes. These levels serve as crucial price zones for trading any market or instrument. They are also high-probability reaction zones, ideal for trading using straightforward confirmation patterns. Each of these levels plays a significant role in determining whether the market continues its momentum or reverses its bias. I like to think of these levels as dual magnets—they simultaneously attract and repel price. You might wonder how having opposing views can be useful. The key is to remain neutral about direction and establish your own rules to identify when these zones are likely to attract or repel price. I have my own set of rules, and you can develop yours. 📦 Features MTF Styling ⚙️ Settings Day: Shows previous day levels Week: Shows previous week levels Month: Shows previous month levels Quarter: Shows previous quarter levels Year: Shows previous year levels Show Average: Shows previous level average price Show Open: Shows previous level open price ⚡️ Showcase Daily Weekly Monthly Quarterly Yearly Average Open 📒 Usage When the price breaks through a significant level, such as a daily, weekly, or monthly high or low, it often signals a potential reversal in market direction. This occurs because these levels represent key areas of support or resistance, where traders anticipate heightened activity, including profit-taking, stop-loss orders, or new positions being initiated. Once the price breaches these levels, it may trigger a sharp reaction as market participants adjust their strategies, leading to a reversal. Monitoring price action and volume around these levels can provide valuable confirmation of such reversals. Another effective approach to utilizing these pivot points is by incorporating them into a structured trading strategy, such as the X Model, which leverages multiple timeframes and technical tools to refine trade entries and exits. X Model conditions: (D1) Previous Day High (ERL) (H1) Bullish FVG/IFVG/OB (IRL) (m15) MSS / SMT Only Short Above 00:00 By combining these elements, the X Model offers a comprehensive framework for leveraging pivot levels effectively, emphasizing confluence between liquidity zones, time-based rules, and multi-timeframe analysis to enhance trading accuracy and consistency. 🚨 Alerts This script provides alert options for all signals. Bearish Signal A bearish signal is generated when the price breaks below the previous low level. Bullish Signal A bullish signal is generated when the price breaks above the previous low level. ⚠️ Disclaimer Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.
Pine Script™ indicator
by CandelaCharts
Bradley SiderographThis indicator functions as a Planetary Barometer, bringing the Bradley-Siderograph directly onto your TradingView chart. Designed for tracking the algebraic sum of planetary aspects and declination values in relation to market movements, it analyzes sidereal potential, long-term and mid-term planetary aspects, and the declination factor to provide insight into potential shifts in mass psychology. The built-in gauges act like a barometer, visually measuring the intensity and range of the components. As Donald Bradley states in Stock Market Prediction: " The siderograph is nothing more than a time chart showing a wavy line, which represents the algebraic total of the declination factor, the long terms, and the middle terms. It can be computed for any period—past or future—for which an ephemeris is available. Every aspect, whether long or middle term, is assigned a theoretical value of 10 at its peak. The value of the declination factor is half the algebraic sum of the given declinations of Venus and Mars, with northern declination considered positive and southern declination negative. " How the Bradley-Siderograph Works: The Siderograph assigns positive and negative valencies based on the transits of inner and outer planets, categorized into long-term and mid-term aspects. Each aspect (15° orb) is given a theoretical value, with the peak set at ±10. The approach and separation phases influence the weighting of each aspect leading up to its peak. The sign of the valency depends on the type of aspect: Squares and oppositions are assigned negative values Trines and sextiles are assigned positive values Conjunctions can be either positive or negative, depending on the planetary combination Formula Used: The Siderograph is computed as follows: 𝑃 = 𝑋 (𝐿 + 𝐷) + 𝑀 Where: P = Sidereal Potential (final computed value) X = Multiplier (to weight long-term aspects) L = Long-term aspects (10 aspect combinations) D = Declination factor (half the sum of Venus and Mars declinations) M = Mid-term aspects The long-term component (L + D) can be multiplied by a chosen factor (X) to emphasize its influence relative to the mid-term aspects. How to Use the Indicator: Once applied, the Siderograph line overlays on the chart, using the left-side scale for reference. The indicator provides separate plots for: Sidereal potential Long-term aspects Mid-term aspects Declination factor Each component can be toggled on or off for deeper analysis. Gauges "provided by @faiyaz7283 library" display the high and low range for each curve, allowing quick identification of extreme values. The indicator also marks the yearly high and low of the current year’s sidereal potential, providing a reference for when the market is trading above or below key levels. This feature was inspired by an observation made by Bradley in his book, which I wanted to incorporate here. Users can fully customize the indicator by: Switching between geocentric and heliocentric views. Adjusting the orb of planetary transits to refine aspect sensitivity. Multiplier (to weight long-term aspects) Explore the Bradley-Siderograph and experiment with its settings. Main Use Case The Siderograph can be thought of as a psychological wind sock, gauging shifts in mass sentiment in response to planetary influences. Rather than forecasting market direction outright, it serves as an early warning system, signaling when conditions may be primed for changes in collective psychology. As Donald Bradley notes in Stock Market Prediction: " A limitation of the siderograph is that it cannot be construed as a forecast of secular trend. In statistical terminology, 'lines of regression' fitted to the market course and to the potential should not be expected to completely agree, for reasons obvious to everybody with keen business sense or commercial training. However, the siderograph may be depended upon to reward its analyst with foreknowledge of coming conditions in general, so that the non-psychological factors may be evaluated accordingly. By this, we mean that the potential will afford one with clues as to how the mass mind will 'take' the other mechanical or governmental vicissitudes affecting high finance. The siderograph may be thought of as a principle 'symptom' in diagnosing current market circumstances and as a sounding-board for prognoses concerning further developments. " Planned Improvement: While Bradley did not construct the Siderograph for direct forecasting, an enhancement to this indicator would be the ability to project each curve forward in time, providing a clearer view of how upcoming planetary aspects. This indicator is being released as open source with the hope of further refining and expanding its capabilities—particularly in developing future plots that improve visualization and analysis. Contributions and feedback are encouraged to enhance its usability and advance the study of planetary influences in market behavior. Credits & Acknowledgments: Inspired by Donald Bradley and his work in Stock Market Prediction: The Planetary Barometer and How to Use It. Built using Astrolib, developed by @BarefootJoey Built using Gauges, developed by @faiyaz7283
Pine Script™ indicator
by Javonnii
2
Planetary Retrograde DashboardThe Retrograde Dashboard offers a quick overview of all planets and their historical and current retrograde statuses across various time frames. How This Indicator Works Custom Overlay: The indicator displays its own overlay, plotting the periods of planetary retrograde. This enables users to visually track all planetary retrogrades over time, both historically and in real-time. When a planet is in retrograde, its symbol will show the ℞ retrograde symbol next to it. When a planet is in direct motion, only the planetary symbol is visible. The indicator adapts to different timeframes, allowing you to analyze whether a planet was in retrograde at any specific moment. What is Retrograde Motion? In astrology and astro-finance, retrograde motion occurs when a planet seems to move backward in the sky from Earth's perspective. Although this is an optical illusion due to differences in orbital speeds, many traders and analysts believe that planetary retrogrades can influence market behavior. Retrogrades are often linked with reassessment, reversals, and shifts in momentum, making them valuable for both historical and predictive market analysis. Research & Discovery – Compare planetary retrograde cycles with historical market behavior to identify potential correlations. Created using Astrolib by @BarefootJoey
Pine Script™ indicator
by Javonnii
RSI Profit SniperDescription of the "RSI Profit Sniper" Indicator - t.me/ProfitISniper The "RSI Profit Sniper" indicator is a trading tool based on the Relative Strength Index (RSI) that helps traders identify potential entry and exit points in financial markets. This indicator uses overbought and oversold conditions to generate buy and sell signals. Below is a detailed breakdown of its functionality. Key Components of the Indicator: RSI (Relative Strength Index): RSI is an oscillator that measures the speed and magnitude of price movements over a specified period. RSI values range from 0 to 100. It is commonly used to detect overbought and oversold conditions of an asset. Configuration Parameters: RSI Length: The user can set the number of bars (periods) for RSI calculation. The default value is 14. Upper Threshold (Overbought Level): The level above which the asset is considered overbought. The default value is 70. Lower Threshold (Oversold Level): The level below which the asset is considered oversold. The default value is 30. How the Indicator Works: RSI Calculation: The indicator calculates the RSI value for each bar based on the specified period (rsiLength). Signal Generation: Buy Signal: Triggered when the RSI line crosses the oversold level (lowerThreshold) from below. This indicates that the asset may be undervalued and ready for an upward move. Sell Signal: Triggered when the RSI line crosses the overbought level (upperThreshold) from above. This indicates that the asset may be overvalued and ready for a correction. Signal Visualization: Buy Signal: Displayed as a green label with the text "BUY" below the price chart. Sell Signal: Displayed as a red label with the text "SELL" above the price chart. Alerts: The indicator provides three types of alerts: BUY Alert: Triggered when a buy signal appears. SELL Alert: Triggered when a sell signal appears. General Alert: Triggered for any signal (buy or sell). How to Use the Indicator: Parameter Adjustment: Traders can adjust the RSI period, overbought, and oversold levels according to market conditions and their trading strategy. Analyzing Signals: When a buy signal ("BUY") appears, traders can consider opening a long position. When a sell signal ("SELL") appears, traders can consider closing a long position or opening a short one. Filtering False Signals: Although RSI is a powerful tool, it can produce false signals, especially in highly volatile or trending markets. It is recommended to use additional indicators or analysis methods (e.g., trend lines, volume, candlestick patterns) to confirm signals. Advantages of the Indicator: Ease of Use: The indicator provides clear buy and sell signals. Customizability: Users can tailor parameters to suit their preferences and trading conditions. Automation: The ability to set up alerts allows traders to receive notifications about signals even outside trading hours. Limitations of the Indicator: False Signals: In sideways or strongly trending markets, RSI may generate many false signals. Lagging Nature: Since RSI is based on historical data, it may lag behind changes in market conditions. Need for Filtering: To improve accuracy, it is advisable to combine its use with other analysis tools. Conclusion: The "RSI Profit Sniper" indicator is a valuable tool for traders seeking a simple and effective way to identify potential entry and exit points based on overbought and oversold conditions. However, it is important to remember that no indicator guarantees 100% accuracy. Therefore, it is recommended to combine its use with other analysis methods to make informed decisions. ---------------------------------------- Описание индикатора "RSI Profit Sniper" - t.me/ProfitISniper Индикатор "RSI Profit Sniper" представляет собой торговый инструмент, основанный на индексе относительной силы (RSI), который помогает трейдерам определять потенциальные точки входа и выхода на финансовых рынках. Этот индикатор использует перекупленность и перепроданность актива для генерации сигналов о покупке и продаже. Давайте рассмотрим его функционал подробно. Основные компоненты индикатора: RSI (Relative Strength Index): RSI — это осциллятор, который измеряет скорость и изменение ценового движения за заданный период времени. Значения RSI колеблются в диапазоне от 0 до 100. Обычно используется для выявления состояний перекупленности и перепроданности актива. Параметры конфигурации: RSI Length (Длина периода RSI): Пользователь может настроить количество баров (периодов) для расчета RSI. По умолчанию установлено значение 14. Upper Threshold (Уровень перекупленности): Уровень, выше которого актив считается перекупленным. По умолчанию установлено значение 70. Lower Threshold (Уровень перепроданности): Уровень, ниже которого актив считается перепроданным. По умолчанию установлено значение 30. Логика работы индикатора: Расчет RSI: Индикатор вычисляет значение RSI для каждого бара на основе указанного периода (rsiLength). Генерация сигналов: Buy Signal (Сигнал на покупку): Срабатывает, когда линия RSI пересекает уровень перепроданности (lowerThreshold) снизу вверх. Это указывает на то, что актив может быть недооценен и готов к росту. Sell Signal (Сигнал на продажу): Срабатывает, когда линия RSI пересекает уровень перекупленности (upperThreshold) сверху вниз. Это указывает на то, что актив может быть переоценен и готов к коррекции. Визуализация сигналов: Buy Signal: Отображается как зеленая метка с текстом "BUY" под ценовым графиком. Sell Signal: Отображается как красная метка с текстом "SELL" над ценовым графиком. Оповещения: Индикатор предоставляет три типа оповещений: BUY Alert: Срабатывает при появлении сигнала на покупку. SELL Alert: Срабатывает при появлении сигнала на продажу. General Alert: Срабатывает при любом сигнале (покупка или продажа). Как использовать индикатор: Настройка параметров: Трейдер может настроить период RSI, а также уровни перекупленности и перепроданности в зависимости от рыночных условий и стратегии торговли. Анализ сигналов: Когда появляется сигнал на покупку ("BUY"), трейдер может рассматривать возможность открытия длинной позиции. Когда появляется сигнал на продажу ("SELL"), трейдер может рассматривать возможность закрытия длинной позиции или открытия короткой. Фильтрация ложных сигналов: Хотя RSI является мощным инструментом, он может давать ложные сигналы, особенно в условиях высокой волатильности или трендового движения. Рекомендуется использовать дополнительные индикаторы или методы анализа (например, трендовые линии, объемы, свечные модели) для подтверждения сигналов. Преимущества индикатора: Простота использования: Индикатор предоставляет четкие сигналы на покупку и продажу. Настраиваемость: Пользователь может адаптировать параметры под свои предпочтения и условия торговли. Автоматизация: Возможность настройки оповещений позволяет получать уведомления о сигналах даже вне рабочего времени. Ограничения индикатора: Ложные сигналы: В условиях флэтового рынка или сильных трендов RSI может давать много ложных сигналов. Задержка: Поскольку RSI основан на исторических данных, он может запаздывать при изменении рыночной ситуации. Необходимость фильтрации: Для повышения точности рекомендуется использовать дополнительные инструменты анализа. Заключение: Индикатор "RSI Profit Sniper" является полезным инструментом для трейдеров, которые ищут простой и эффективный способ определения потенциальных точек входа и выхода на основе состояния перекупленности и перепроданности актива. Однако важно помнить, что никакой индикатор не гарантирует 100% точности, поэтому рекомендуется сочетать его использование с другими методами анализа для принятия обоснованных решений.
Pine Script™ indicator
by SniperCryptoX
Three Bar Reversal Pattern [ActiveQuants]This indicator identifies bullish and bearish three-bar reversal patterns , offering traders a visual tool to spot potential trend reversals. By analyzing consecutive candlesticks, volume trends, and candlestick morphology, it highlights signals while filtering out false patterns. Ideal for traders using price action strategies, it simplifies pattern recognition and enhances decision-making with customizable parameters. █ KEY FEATURES Pattern Detection Logic : Bullish Reversals : Detects two consecutive bearish candles followed by a bullish candle that closes  above the open of the first bearish candle . Bearish Reversals : Identifies two consecutive bullish candles followed by a bearish candle that closes  below the open of the first bullish candle . Volume Confirmation : Filters signals using a  Volume SMA  (user-defined length) to ensure reversals occur with above-average volume, adding validity to the pattern. Candlestick Filtering : Shooting Star Filter : Discards bullish patterns if the third candle is a Shooting Star (body confined to the lower portion of the candle’s range, adjustable via  Shooting Star Body Limit ). Hammer Filter : Discards bearish patterns if the third candle is a Hammer (body confined to the upper portion of the candle’s range, adjustable via  Hammer Body Limit ). Customizable Display : Toggle visibility of bullish/bearish patterns and customize their colors. Adjust the  Show Last  parameter to limit plotted labels to recent bars. Alerts Integration : Separate Bullish/Bearish Alerts : Generate  independent alerts  for bullish and bearish patterns. Traders can selectively enable one or both alerts via TradingView’s alert system. Real-time notifications ensure you never miss a potential reversal signal. █ CONCLUSION The Three Bar Reversal Pattern Indicator streamlines the identification of reversal setups by combining candlestick patterns, volume analysis, and customizable filters. Its focus on price action dynamics makes it invaluable for traders seeking to capitalize on trend exhaustion or market sentiment shifts. █ IMPORTANT NOTES ⚠  Use with Confluence : Reversal signals should be validated with additional tools like support/resistance levels, trendlines, or momentum oscillators. ⚠  Adapt Parameters : Adjust  Volume SMA Length ,  Show Last , and body limits ( Shooting Star Body Limit and Hammer Body Limit ) to suit your timeframe and asset volatility. █ RISK DISCLAIMER Trading involves significant risk, and you may lose capital. Past performance is not indicative of future results. This tool provides informational signals only and does not constitute financial advice. Use it at your own risk and consult a qualified financial professional before making trading decisions. Incorporate this indicator into your strategy to refine reversal entries, manage risk, and align with market momentum. 📈 Happy trading! 🚀
Pine Script™ indicator
by ActiveQuants
Multi-Timeframe ATR Levels by Hitesh2603Description: "Multi-Timeframe ATR Levels by Hitesh2603" is a versatile and adaptive indicator designed to help traders identify key price levels based on the Average True Range (ATR) from a higher timeframe. The script automatically adapts to the current chart’s timeframe and allows you to customize the higher timeframe for ATR calculations, making it ideal for intraday and swing trading strategies. The indicator plots upper and lower price levels based on the ATR multiplier, providing clear visual cues for potential profit-taking or exit points. It also includes features like editable timeframe presets , historical level plotting , labels , and alerts , making it a powerful tool for traders of all experience levels. --- Key Features: 1. Automatic Timeframe Adaptation : - The script automatically detects the current chart’s timeframe and selects the appropriate higher timeframe for ATR calculations. 2. Editable Preset Timeframe Pairs : - Customize the higher timeframe for each chart timeframe directly in the indicator settings. 3. Dynamic ATR-Based Levels :- Plots upper and lower price levels using the formula: - Upper Level = Current Candle Open + (Previous Candle ATR * Multiplier) - Lower Level = Current Candle Open - (Previous Candle ATR * Multiplier) 4. Customizable Inputs : - Adjust ATR length, multiplier, line length, colors, and more. 5. Labels : - Displays the exact values of the upper and lower levels for easy reference. 6. Historical Levels : - Optionally plots historical levels for all candles. 7. Alerts : - Get notified when the price crosses the upper or lower levels. --- Use Cases: 1. Intraday Trading : - Use the script on a 5-minute or 15-minute chart with a 1-hour higher timeframe to identify intraday profit-taking or exit points. 2. Swing Trading : - Use the script on a 1-hour or 4-hour chart with a daily higher timeframe to identify swing trading opportunities. 3. Position Trading : - Use the script on a daily chart with a weekly higher timeframe to identify key levels for position trading. 4. Breakout Confirmation : - Use the upper and lower levels as confirmation points for breakouts or reversals. 5. Risk Management : - Use the levels to set stop-loss or take-profit targets based on market volatility. --- How to Use: 1. Add the Script to Your Chart : - Search for "Multi-Timeframe ATR Levels by Hitesh2603" in the TradingView indicator library and add it to your chart. 2. Customize the Settings : - Adjust the inputs (e.g., ATR length, multiplier, line length, colors, etc.) to suit your trading strategy. 3. Set the Higher Timeframe : - The script will automatically display an input for the higher timeframe based on the current chart’s timeframe. Customize it as needed. 4. Interpret the Levels : - The script will plot two horizontal lines (upper and lower levels) on the chart. Use these levels for profit-taking, exits, or breakout confirmation. 5. Enable Alerts : - Set up alerts to get notified when the price crosses the upper or lower levels. --- Input Parameters: 1. ATR Length : - The period used to calculate the ATR (default: 14). 2. ATR Multiplier : - The multiplier applied to the ATR to calculate the levels (default: 0.65). 3. Line Length : - The number of candles to extend the lines (default: 10). 4. Show Labels : - Toggle to display the exact values of the levels (default: true). 5. Show Historical Levels : - Toggle to plot historical levels for all candles (default: false). 6. Line Colors : - Customize the colors of the upper and lower levels. 7. Line Width : - Adjust the thickness of the lines (default: 2). --- Example: - Current Chart : 5-minute - Higher Timeframe : 1-hour - Previous Hour’s ATR : 4.6 - Current Hour’s Open : 102 - Multiplier : 0.65 Levels : - Upper Level = 102 + (4.6 * 0.65) = 105.0 - Lower Level = 102 - (4.6 * 0.65) = 99.0 The script will plot horizontal lines at 105.0 and 99.0 on the 5-minute chart. --- Alerts: - Price Crosses Upper Level : - Triggered when the price crosses above the upper level. - Price Crosses Lower Level : - Triggered when the price crosses below the lower level. --- Notes: - The script is designed to be flexible and adaptable to various trading styles and timeframes. - Always backtest and validate the indicator with your trading strategy before using it in live trading. --- Credits: - Developed by Hitesh2603 . - Special thanks to the TradingView community for inspiration and support.
Pine Script™ indicator
by Hitesh2603
Multi-Timeframe Trend Indicator"Introducing the Multi-Timeframe Trend Indicator: Your Key to Comprehensive Market Analysis Are you looking for a powerful tool to enhance your trading decisions? Our Multi-Timeframe Trend Indicator offers a unique perspective on market trends across five crucial timeframes. Key Features: 1. Comprehensive Analysis: Simultaneously view trends for H1, H4, D1, W, and M timeframes. 2. Easy-to-Read Display: Color-coded table for instant trend recognition. 3. Proven Strategy: Utilizes the reliable EMA7, SMA20, and SMA200 crossover method. How It Works: - Bullish Trend: When EMA7 > SMA20 > SMA200 - Bearish Trend: When EMA7 < SMA20 < SMA200 - Neutral Trend: Any other configuration Benefits: - Align your trades with multiple timeframe trends - Identify potential trend reversals early - Confirm your trading decisions with a quick glance Whether you're a day trader or a long-term investor, this indicator provides valuable insights to support your trading strategy. By understanding trends across multiple timeframes, you can make more informed decisions and potentially improve your trading results. Don't let conflicting timeframes confuse your strategy. Get the full picture with our Multi-Timeframe Trend Indicator today!"
Pine Script™ indicator
by Yannick1961
RSIxBB Crossover With Immediate Imbalance Strategy [LuciTech]Credit: @badninja for Engulfing Imbalance - @veryfid for ATR SL - strategy that integrates RSI crossovers with Bollinger Bands, engulfing candle patterns, and immediate imbalance detection to generate precise trade signals. It overlays entry, stop-loss, and take-profit levels on the chart, featuring customizable risk management and an optional time filter. Tailored for traders seeking momentum-driven entries with structured risk-reward outcomes, it operates across any timeframe and provides clear visual cues for trade execution. Features The strategy combines RSI (14-period) crossovers with Bollinger Bands (34-period SMA, 2.0 deviation) applied to RSI, alongside engulfing candle patterns, to pinpoint trade entries. It detects bullish engulfing candles after an RSI cross below the lower band and bearish engulfing candles after a cross above the upper band, ensuring momentum alignment. Risk management includes adjustable risk percentage, risk-reward ratios, and stop-loss options (ATR-based or candle-based), with position sizing tied to equity risk. An optional time filter restricts trades to a user-defined window, highlighted with a background fill. Visual elements include plotted entry, stop-loss, and take-profit lines with customizable colours, plus shaded areas between levels for clarity. How It Works Trades are triggered by RSI crossing Bollinger Bands followed by an engulfing candle pattern. A long entry occurs with a bullish engulfing candle after RSI crosses below the lower band, requiring a positive close, while a short entry follows a bearish engulfing candle after RSI crosses above the upper band, requiring a negative close. Position size is calculated from a percentage of equity (default 1%) and stop-loss distance. Stop-loss can be ATR-based (smoothed via RMA, SMA, EMA, or WMA) or candle-based (using the candle’s low/high), adjustable by multiplier or length. Take-profit is set by multiplying the stop-loss distance by the risk-reward ratio (default 3:1). If enabled, the time filter limits trades to the specified window, with visuals updating only for active positions. Settings Risk management settings include Risk % (default 1%) for equity risked per trade, Risk:Reward (default 3) for target profit relative to risk, and Stop Loss Type (ATR or Candle) for loss calculation. ATR settings offer ATR Length (default 14), ATR Multiplier (default 1.5), and Smoothing (RMA, SMA, EMA, WMA), with an option to show ATR lines. Candle-based stop-loss uses Candle Length (default 0, meaning 1 candle). Position colours allow customization of Entry/SL/TP lines (default grey, red, green). Time filter settings include Enable Time Filter (default false), Start Hour/Minute (default 14:30), End Hour/Minute (default 15:00), and Fill Background with a custom colour (default grey). Interpretation RSI crossovers with Bollinger Bands signal momentum shifts, confirmed by engulfing candles, indicating potential entry points. Stop-loss levels (ATR or candle-based) define risk, while take-profit targets align with the risk-reward ratio, offering a structured exit plan. Shaded areas between entry and stop-loss/take-profit visualize risk and reward zones. ATR lines, if enabled, highlight dynamic stop levels based on volatility. The time filter, when active, focuses trading within key hours, with the background fill emphasizing the active range, making this strategy ideal for disciplined, momentum-focused trading.
Pine Script™ strategy
by TradesLuci1
SFP- Milana Trades (with Alert ) The Swing Failure Pattern (SFP) is a pattern based on false breakouts of local highs or lows. It is used to search for entry points against the direction of the current price movement. How does SFP work? The price breaks through the previous high or low (creating the appearance of continuing the trend). It is not fixed to the level and quickly returns back, leaving a" trap " for traders. A trend reversal or local correction is an ideal entry point for traders who use a false breakout strategy. I adedd to this indicator alert and you can get notification when this model formed
Pine Script™ indicator
by MilanaArsenovna
DCStatCalcs_v0.1DCStatCalcs_v0.1 - Session-Based Statistical Projections This Pine Script indicator overlays customizable horizontal lines on your chart to visualize a session's opening price and its statistical projections based on historical standard deviation (SD). Designed for traders who want to analyze price behavior within defined time sessions, it calculates and plots the session open price along with optional projection lines at 0.5, 1.0, 1.5, 2.0, and 2.5 standard deviations above and below the open, derived from past session data. Key Features: Customizable Sessions: Define your session time (e.g., 0600-1500) and timezone (e.g., America/New_York). Historical Analysis: Uses a user-specified number of past sessions (default: 20) to compute the standard deviation of price movements relative to the session open. Projection Lines: Displays toggleable lines at multiple SD levels with adjustable styles, colors, and widths for easy visualization. Flexible Display: Extend lines beyond the current bar with an offset setting, and adjust label sizes for clarity. Real-Time Updates: Lines dynamically extend as the session progresses, keeping projections relevant to the current bar. How It Works: At the start of each user-defined session, the indicator records the opening price and calculates the SD based on price deviations from the open across historical sessions. It then plots the open price line and, if enabled, projection lines at the specified SD intervals. These lines help traders identify potential support, resistance, or volatility zones based on statistical norms. Use Case: Ideal for day traders or analysts working with intraday charts to gauge price ranges and volatility within specific trading sessions, such as market opens or key economic hours. Published under the Mozilla Public License 2.0. Created by dc_77.
Pine Script™ indicator
by dc_77
TICK Indikator English: The TICK Indicator measures in real time the number of up ticking stocks minus the number of down ticking stocks on the New York Stock Exchange (NYSE). It can display either the current TICK value ("Normal" mode) or the cumulative TICK values over the trading day ("Cumulative" mode). Positive values indicate market strength, while negative values signal weakness. Colored bars visualize momentum: green shades for rising, red for falling values. The zero line acts as a reference between buying and selling pressure. Interpretation: > +1000 and/or continuos lows above 0 → strong buying pressure < -1000 and/or continuos highs below 0 → strong selling pressure Around 0 → balanced market Deutsch: Der TICK Indikator misst in Echtzeit die Anzahl der Aktien, die an der New York Stock Exchange (NYSE) steigen, minus der Anzahl der fallenden Aktien. Der Indikator kann im "Normal"-Modus den aktuellen TICK-Wert anzeigen oder im "Cumulative"-Modus die kumulierten TICK-Werte über den Tag hinweg summieren. Positive Werte deuten auf eine allgemeine Markstärke hin, während negative Werte Schwäche signalisieren. Farbige Balken visualisieren die Dynamik: grüne Töne bei steigenden, rote bei fallenden Werten. Die Nullinie dient als Referenzpunkt zwischen Kauf- und Verkaufsdruck. Interpretation: > +1000 und/oder mehrere aufeinander folgende Tiefs über 0 → starker Kaufdruck < -1000 und/oder mehrere aufeinander folgende Hochs unter 0 → starker Verkaufsdruck Nahe 0 → ausgeglichener Markt
Pine Script™ indicator
by Benni_R
RSI & EMA IndicatorMulti-Timeframe EMA & RSI Analysis with Trend Merging Detection This multi-timeframe indicator helps traders identify trend direction, confirm momentum, and detect potential trend shifts using Exponential Moving Averages (EMAs) and the Relative Strength Index (RSI) across Daily, Weekly, and Monthly timeframes. It provides a visual table showing trend alignment (via EMAs) and momentum strength (via RSI), helping users assess both long-term and short-term market conditions. How It Works ✅ Trend Direction via EMAs: Tracks Short (5 & 12-period), Medium (34 & 50-period), and Long (72 & 89-period) EMAs. Green cells indicate a bullish alignment (faster EMA above slower EMA), while red cells indicate bearish alignment. This visual guide helps traders quickly gauge market momentum across multiple timeframes. ✅ Momentum Confirmation with RSI: Displays RSI(14) values for Daily, Weekly, and Monthly timeframes. Helps assess overbought/oversold conditions to confirm trend strength or weakness. ✅ Trend Shift Detection (EMA Merging): Alerts traders when EMAs get close (within 0.5% of price), suggesting potential trend reversals, consolidations, or breakouts. A "⚠️ Merge" icon appears when such conditions are detected. Who Is This Indicator For? 📊 Swing & Position Traders: Identify strong trends and potential momentum shifts for longer-term trades. 📈 Trend Followers: Stay aligned with major market trends and avoid trading against momentum. ⚡ Day Traders: Use Daily EMAs & RSI for short-term entries while referencing higher timeframes for confirmation. How to Use the Indicator: Add the indicator to any chart. Check the table at the top-right corner: Green cells = Bullish trend alignment Red cells = Bearish trend alignment RSI values show momentum; values above 70 = overbought, below 30 = oversold Look for "⚠️ Merge" alerts for potential trend reversals or consolidation phases. Combine insights from all three timeframes for stronger trade decisions. Why This Indicator Is Unique: ✅ Multi-timeframe trend analysis in one visual tool. ✅ EMA merging detection to spot potential trend shifts early. ✅ Momentum validation with RSI across Daily, Weekly, and Monthly timeframes. ✅ Simplifies analysis by reducing chart clutter while providing actionable data. 📢 Tip: Aligning bullish or bearish trends across multiple timeframes often provides higher-confidence trade setups. 🔔 Disclaimer: This indicator is for educational purposes only and is not financial advice. Trading involves risk; always use proper risk management.
Pine Script™ indicator
by x15MFix