Supertrend Strategy with Money Ocean TradeStrategy Overview
The Supertrend Strategy with Trend Change Confirmation leverages the Supertrend indicator to identify potential buy and sell signals based on changes in trend direction and subsequent price action. The strategy is designed to work with any financial instrument (symbol) and aims to provide clear entry and exit signals.
Key Components
Supertrend Indicator: The core of this strategy is the Supertrend indicator, calculated using a length of 3 and a factor of 1. The Supertrend line is plotted on the chart to visually represent trend direction.
Direction 1: Indicates an uptrend (bullish).
Direction -1: Indicates a downtrend (bearish).
Trend Change Detection: The strategy monitors changes in the trend direction. When a trend change is detected, it checks if the next candle confirms the trend change by breaking above or below the Supertrend line.
Entry Conditions:
Long Entry (Buy): When the Supertrend direction changes to 1 (uptrend) and the next candle closes above the Supertrend line.
Short Entry (Sell): When the Supertrend direction changes to -1 (downtrend) and the next candle closes below the Supertrend line.
Exit Conditions: The strategy closes the position based on the opposite signal.
Long Exit: When the Supertrend direction changes to -1 (downtrend) and the next candle closes below the Supertrend line.
Short Exit: When the Supertrend direction changes to 1 (uptrend) and the next candle closes above the Supertrend line.
Visual Signals: The strategy plots buy and sell signals on the chart using plotshape:
BUY: A green label below the bar when a long entry is triggered.
SELL: A red label above the bar when a short entry is triggered.
Alerts: Alerts are set up to notify when a buy or sell signal is triggered.
Script Summary
This strategy helps traders identify potential trading opportunities based on trend changes and confirms the trend by checking the next candle's price action. The visual signals and dashboard enhance the user's ability to monitor and manage trades effectively.
Feel free to test and adjust the parameters to suit your trading preferences! If you need further customizations or explanations, let me know.
Indicators and strategies
Hidden Order BlockThe Hidden Order Block Indicator helps traders identify bullish and bearish order blocks that align with market structure. It highlights key price zones where institutional activity may occur, assisting traders in making informed decisions.
🔥 Key Features:
✔ Bullish & Bearish Order Blocks – Marks potential institutional trading areas
✔ Trend-Based Analysis – Works effectively when used with trend confirmation
✔ Compatible Markets – Suitable for Forex, Crypto, and Stocks
✔ Timeframe Optimization – Designed for M30 and higher timeframes
✔ Flexible Trading Styles – Can be incorporated into scalping, swing trading, and intraday strategies
🔹 Technical Note: This script is designed to enhance market structure understanding and should be used with additional confluence for better decision-making.
综合趋势策略1. 策略的组成与信号
该策略结合了多个经典的技术指标和市场信号来生成交易信号，包括：
量能分析：利用成交量变化（放量与缩量）来判断市场的活跃度，进而推测市场的当前状态。量能变化通常可以帮助识别市场的潜在突破或反转点。
动能系统（EMA差值）：使用两个不同周期的指数移动平均线（EMA），计算它们的差值来判断市场的动能。动能系统有助于识别趋势的强度以及潜在的趋势反转。
布林带突破：通过价格突破布林带的上下轨来识别市场的极端波动，这通常与强势的市场运动有关。
RSI超买超卖：RSI（相对强弱指标）用来检测市场是否进入超买（70以上）或超卖（30以下）区域，帮助确认市场的极端状态，预测市场的反转点。
2. 策略的特点与适用场景
趋势跟随型策略：该策略更多地依赖于趋势跟随和突破逻辑，特别是在使用EMA和布林带等趋势跟随指标时。该策略适合用于市场趋势明确且波动较大的时期。
适合波动性较大的市场：因为该策略使用了布林带和RSI来检测市场的极端波动点，因此在市场出现剧烈波动时，该策略可能会表现较好。波动性较大的市场（如外汇市场、大宗商品市场、某些个股）可能会给这个策略带来更多的机会。
信号确认依赖多个指标：该策略通过多个信号确认点来生成交易信号，包括量能突破、RSI突破、布林带突破等，因此它避免了仅依赖单一指标可能带来的信号误判问题。
3. 适合的市场环境
强趋势市场：该策略主要依赖动能指标（如EMA差值、RSI等）来判断市场趋势，特别是适用于那些有明确方向性趋势的市场，比如持续上涨或下跌的市场。
高波动市场：策略使用了布林带来识别市场的突破，因此它适合在波动性较大的市场中使用。如果市场处于震荡行情或者波动性极低的时期，策略可能会产生更多的错误信号，导致不必要的交易。
突破行情：如果市场存在明显的突破（突破支撑/阻力位、价格突破布林带上下轨等），该策略可能会表现出较高的成功率，因为它能够通过量能和趋势动能的确认来避免假突破。
4. 策略的胜率与风险控制
高胜率潜力：由于该策略综合了多个信号指标进行交易决策，能够有效减少假信号，并在趋势明确时捕捉到交易机会。因此，在趋势强烈且明确时，策略的胜率可能较高。
可能的亏损风险：在市场处于震荡区间时，由于策略使用了布林带和RSI等指标，这些指标可能会产生更多的错误信号（例如在震荡行情中频繁发生突破假信号），从而可能增加亏损的风险。因此，策略在震荡市场中的表现可能不如趋势明确的市场。
风险管理：策略使用了ATR（平均真实波动幅度）来动态调整止损和止盈，确保在市场波动剧烈时能够有效管理风险。这种动态止损止盈机制有助于提高策略在不确定市场条件下的生存能力，避免过早的止损。
5. 适合的人群
适合经验丰富的交易者：该策略依赖于多个技术指标进行交易决策，因此适合有一定技术分析背景的交易者。这些交易者能够理解并利用量能、动能、布林带、RSI等指标进行市场分析。
适合中长线交易者：由于该策略结合了动能指标和趋势跟随系统，更适合中长线的趋势交易者。在短期内，尤其是在快速变化的市场中，策略可能会产生较多的信号，但由于信号的确认机制，适合的持仓时间较长。
适合希望自动化交易的交易者：对于那些希望减少人工操作并自动化交易的交易者来说，这个策略是一个很好的选择。交易者可以通过调整参数（如RSI阈值、量能倍数等）来优化策略，并使其适应不同的市场条件。
Z Score BlackZ-score bbut with better looking black color imo
Values are different because I choose source Open for original Z score and on my black one is source Closed. I don't know how to change that picture so you have to deal with it.
I works exactly the same as original.
All credit to original Creator: www.tradingview.com
Link to original Z score:
What Is Z-Score?
Z-score is a statistical measurement that describes a value's relationship to the mean of a group of values. Z-score is measured in terms of standard deviations from the mean. If a Z-score is 0, it indicates that the data point's score is identical to the mean score. A Z-score of 1.0 would indicate a value that is one standard deviation from the mean. Z-scores may be positive or negative, with a positive value indicating the score is above the mean and a negative score indicating it is below the mean.
Combined Oscillator with DivergenceI Created this Scrip to use Divergence Effectively. For Buy look for the RSI and Stochastic RSI to cut the oversold zone(30) from below. For Sell look for the RSI and Stochastic RSI to cut the over bought zone(70) from Above. I have observed that Signals generated in between Over bought and Over Sold zones are not that effective. Use Strict stop loss for any trade you take. I am not responsible for any profit or loss you make by using this Scrip
Indicator BMS V5 [Traderhood]Introducing BMS (Base Market Strategy)
Overview
Base Market Strategy (BMS) is a trend-following and oscillator indicator designed to detect market trends with high accuracy while providing clear entry signals. BMS utilizes four Exponential Moving Averages (EMA) to filter trends across multiple timeframes and Bollinger Bands (BB) to identify overbought and oversold zones. This approach makes BMS highly suitable for scalping strategies in lower timeframes with a high win rate potential.
Key Features
📈 Multi-EMA Trend Filtering
Uses 4 EMAs to confirm the dominant trend.
Separates trend detection between lower timeframes and H1 for additional validation.
🎯 Dynamic Overbought & Oversold Detection
Sell signal occurs when the price touches the Bollinger Bands Upper.
Buy signal occurs when the price touches the Bollinger Bands Lower.
🔥 High Win Rate Scalping Strategy
Designed to capture quick price movements in trending markets.
Ideal for traders looking for fast executions with controlled risk.
🎨 Customizable Visual Enhancements
Users can adjust indicator colors to match their personal preferences.
How It Works
1️⃣ EMA-Based Trend Identification
The indicator applies 4 EMAs to determine short-term and medium-term trends.
If the price is above all EMAs → Bullish trend.
If the price is below all EMAs → Bearish trend.
2️⃣ Bollinger Bands Signal Generation
Sell Entry: When the price touches Bollinger Bands Upper, indicating an overbought area.
Buy Entry: When the price touches Bollinger Bands Lower, indicating an oversold area.
3️⃣ Scalping Execution
Entries are executed only on lower timeframes with trend confirmation from H1 EMA.
Profit targets are adjusted based on volatility, while stop loss is placed outside the Bollinger Bands.
4️⃣ Visual Customization
Indicator colors can be modified for better visibility.
Practical Applications
✅ Scalping Strategy – Uses Bollinger Bands and EMA filtering for fast trades.
✅ Trend Confirmation – Multi-timeframe EMA validation ensures precise entries.
✅ Dynamic Support & Resistance – Bollinger Bands help identify potential reversals.
✅ Noise Reduction – EMA filtering removes minor price fluctuations for clearer signals.
🛠 Settings
EMA Periods: 4 EMAs for trend filtering.
Bollinger Bands Length: 20 (default), adjustable.
Bollinger Bands Deviation: 2 (default).
Color Customization: Users can personalize indicator colors as needed.
📌 Conclusion
Base Market Strategy (BMS) is a high win-rate scalping indicator, combining trend-following EMA filtering with momentum reversal detection from Bollinger Bands. With a dynamic and adaptive approach, this indicator provides precise entry signals while reducing noise from insignificant price movements.
Key Takeaways:
✔ High Accuracy – A combination of EMA and Bollinger Bands provides clear signals.
✔ Scalping Optimization – Works best on lower timeframes with H1 validation.
✔ Visual Customization – Users can adjust the indicator colors to their preference.
✔ Simple Yet Powerful – Easy to use but highly effective in capturing market opportunities.
🔹 Disclaimer: Trading carries high risks. Always backtest and optimize settings to align with your risk tolerance before live trading.
RSI Signal Pro[UgurTash]Introducing RSI Signal Pro for TradingView
RSI Signal Pro is a refined version of the standard Relative Strength Index (RSI) , designed to improve signal accuracy by generating alerts in real-time instead of waiting for multiple candle confirmations. This enhancement allows traders to react faster to market movements while maintaining the familiar RSI structure.
What Makes RSI Signal Pro Unique?
✅ Real-Time RSI Signals: Unlike the traditional RSI, which waits for candle confirmations, this version provides immediate buy and sell signals upon key level crossovers.
✅ Dual Trading Modes: Choose between Simple Mode (standard RSI crossovers) and Advanced Mode (momentum-adjusted signals with price validation).
✅ Customizable RSI-Based Moving Average (MA): Optionally apply SMA, EMA, WMA, or VWMA to smooth RSI fluctuations and identify longer-term trends.
✅ Adaptive Signal Filtering: The Advanced Mode reduces false signals by filtering RSI movements with a momentum threshold and historical RSI validation.
✅ User-Friendly Interface: Simple ON/OFF toggles allow easy customization of the indicator's behavior.
How This Indicator Works
🔹 Simple Mode: Identical to traditional RSI, triggering signals when RSI crosses 30 (bullish) or 70 (bearish).
🔹 Advanced Mode: Uses historical RSI pivots, momentum verification, and price confirmation to refine signal accuracy—ideal for traders looking for more precise entries.
🔹 RSI-Based MA: Optionally overlay moving averages onto the RSI, providing additional trend confirmation.
How to Use RSI Signal Pro
1️⃣ Select a mode: Use Simple Mode for frequent alerts or Advanced Mode for refined signals.
2️⃣ Enable RSI-Based MA: Apply SMA, EMA, WMA, or VWMA to smooth RSI fluctuations.
3️⃣ Set alerts: TradingView notifications allow you to react to real-time RSI movements instantly.
4️⃣ Apply to multiple markets: Effective for crypto, forex, stocks, and commodities.
Why Use RSI Signal Pro Instead of Standard RSI?
While RSI Signal Pro maintains the core functionality of the standard RSI, its real-time signal generation allows traders to make faster decisions without the typical delay caused by waiting for candle confirmations. Additionally, the optional momentum filtering and moving average smoothing ensure fewer false signals and better trade accuracy.
Parabolic SAR Multiple Timeframe levels (TechnoBlooms)The Parabolic SAR (Stop and Reverse) is a valuable tool for traders due to its ability to provide clear signals for trend direction and potential reversal points. One of its primary benefits is the ease of use; it visually indicates whether the market is trending up or down, helping traders decide when to buy or sell. The indicator also aids in setting stop-loss orders as it moves with price, offering a dynamic way to manage risk by suggesting when to exit a position if the trend reverses.
Viewing the Parabolic SAR (PSAR) across multiple timeframes offers traders a comprehensive approach to understanding market trends and making strategic decisions. By analyzing the PSAR on shorter timeframes like 1-minute or 5-minute charts, traders can pinpoint precise entry and exit points for quick trades, capitalizing on immediate market movements.
Settings
> User can select 10 different timeframes according to their wish
> User can change Parabolic SAR settings like Start, Increment and Maximum Value
RSI Divergence[UgurTash] – Real-Time📈 RSI Divergence – Real-Time, Adaptive, and Intelligent RSI Divergence Detection
🚀 What Does This Indicator Do?
RSI Divergence is a real-time divergence detection tool that helps traders identify bullish and bearish divergences between price and the Relative Strength Index (RSI). Unlike traditional RSI-based indicators, this script offers:
✅ Real-time detection – No need to wait for bar closes or repainting.
✅ Dynamic time-frame adaptation – The script automatically adjusts RSI settings based on the selected chart time frame.
✅ Multi-layered divergence analysis – Supports short-term, medium-term, and long-term divergence detection with an optional all-term mode that dynamically selects the best configuration.
🛠 How Does It Work?
Pivot-Based Divergence Detection:
The script analyzes pivot points on both price and RSI to determine valid divergences.
Bullish divergence occurs when price forms a lower low but RSI trends higher, indicating potential upward momentum.
Bearish divergence occurs when price forms a higher high but RSI trends lower, signaling possible weakness.
Adaptive RSI Calculation:
The RSI length is dynamically adjusted based on the chosen time frame:
Short-Term: RSI (7) for 1-5 min charts.
Medium-Term: RSI (14) for 15-60 min charts.
Long-Term: RSI (28) for 4H+ charts.
In All-Term Mode, the script automatically determines the best RSI length based on the active chart timeframe.
Smart Visualization & Alerts:
Bullish divergences are marked with green lines & labels.
Bearish divergences are highlighted in red.
Users can customize symbol size, divergence labels, and colors.
Instant alerts notify traders as soon as a divergence is detected.
🎯 How to Use This Indicator?
📌 For Trend Reversals: Look for bullish divergences at key support levels and bearish divergences at resistance zones.
📌 For Trend Continuation: Combine divergence signals with moving averages, volume analysis, or price action strategies to confirm trades.
📌 For Scalping & Swing Trading: Adjust the time-frame settings to match your trading style.
🏆 What Makes This Indicator Original?
🔹 Unlike standard RSI divergence indicators, this script features real-time analysis with no repainting, allowing for instant trading decisions.
🔹 The time-frame adaptive RSI makes it dynamic and suitable for any market condition.
🔹 The multi-term divergence detection offers flexibility, giving traders a precise view of both short-term & long-term market structure.
⚠ Note: No indicator guarantees 100% accuracy. Always use additional confirmations and sound risk management strategies.
If you find this tool useful, don’t forget to support & share! 🚀
Dynamic 50% Indicator of the selected range!This is a indicator which shows you the 50% level of the selected timeframe range. This is a good tool because price tends to bounce of of 50% levels.
Introducing the 50% Range Level Indicator, designed for traders who seek accuracy and strategic insights in their market analysis. This tool calculates and visually displays the midpoint (50% level) of any selected price range, helping you identify key equilibrium zones where price action often reacts.
Why Use This Indicator?
Key Market Equilibrium – The 50% level is a crucial reference point where price often consolidates, reverses, or gathers momentum.
Custom Range Selection – Simply select your desired price range, and the indicator will dynamically plot the midpoint.
Enhance Your Trading Strategy – Use it for support & resistance confirmation, retracement analysis, or confluence with other indicators.
Works on All Timeframes & Assets – Suitable for stocks, forex, crypto, and indices.
Gain an Edge in the Market
Whether you’re a day trader, swing trader, or long-term investor, the 50% Range Level Indicator can enhance your technical analysis and decision-making.
Stock ETF Tracker 2.0The Stock Sector ETF tracker with Indicators is a versatile tool designed to track the performance of sector-specific ETFs relative to the current asset. It automatically identifies the sector of the underlying symbol and displays the corresponding ETF’s price action alongside key technical indicators. This helps traders analyze sector trends and correlations in real time.
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Key Features
Automatic Sector Detection:
Fetches the sector of the current asset (e.g., "Technology" for AAPL).
Maps the sector to a user-defined ETF (default: SPDR sector ETFs) .
Technical Indicators:
Simple Moving Average (SMA): Tracks the ETF’s trend.
Bollinger Bands: Highlights volatility and potential reversals.
Donchian High (52-Week High): Identifies long-term resistance levels.
SPY Regime Filter: Red background color if SP500 is below 200 day SMA.
Customizable Inputs:
Adjust indicator parameters (length, visibility).
Override default ETFs for specific sectors.
Informative Table:
Displays the current sector and ETF symbol in the bottom-right corner.
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Input Settings
SMA Settings
SMA Length: Period for calculating the Simple Moving Average (default: 200).
Show SMA: Toggle visibility of the SMA line.
Bollinger Bands Settings
BB Length: Period for Bollinger Bands calculation (default: 20).
BB Multiplier: Standard deviation multiplier (default: 2.0).
Show Bollinger Bands: Toggle visibility of the bands.
Donchian High (52-Week High)
Daily High Length: Days used to calculate the high (default: 252, approx. 1 year).
Show High: Toggle visibility of the 52-week high line.
Sector Selections
Customize ETFs for each sector (e.g., replace XLU with another utilities ETF).
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Example Use Cases
Trend Analysis: Compare a stock’s price action to its sector ETF’s SMA for trend confirmation.
Volatility Signals: Use Bollinger Bands to spot ETF price squeezes or breakouts.
Sector Strength: Monitor if the ETF is approaching its 52-week high to gauge sector momentum.
Enjoy tracking sector trends with ease! 🚀
Opposite Delta Candle Highlighter with EMAs & Delta Boxes**Description:**
This indicator is designed to enhance market analysis by highlighting **candles with opposite-colored delta**, plotting **Exponential Moving Averages (EMAs)**, and displaying **delta volume as small boxes below the chart**.
🔹 **Key Features:**
✅ **Opposite Delta Candle Highlighting** – Candles where delta volume contradicts the price direction are highlighted with a **yellow background** and a **blue triangle** above the bar.
✅ **Three Exponential Moving Averages (EMAs)** – Includes **EMA (9, 21, 50)** to help identify trends and dynamic support/resistance levels.
✅ **Delta Volume Display** – Instead of large volume columns, delta is plotted as **small square boxes below the chart**, ensuring clear visibility without overlapping price candles.
✅ **Optimized for Lower Timeframes** – The indicator **automatically selects an appropriate lower timeframe** for more precise delta calculations.
🔹 **How It Works:**
- **Green Candle + Red Delta** → Opposite delta signal (Bearish Sign).
- **Red Candle + Green Delta** → Opposite delta signal (Bullish Sign).
- **Delta bars below the chart** indicate the strength of buying/selling pressure.
- **EMAs help identify the market trend** and potential trade entry zones.
🔹 **Use Cases:**
✔ **Scalping & Day Trading** – Identify potential reversals and trend continuation setups.
✔ **Volume Analysis** – Understand market participation and possible absorption.
✔ **Trend Confirmation** – Use EMAs to confirm trend direction alongside delta volume.
📌 *Best used with lower timeframes (1m, 5m, 15m) for detailed volume analysis.*
🚀 **Enhance your trading with real-time delta insights and price action analysis!**
Killzone Session Lines [odnac]This Pine Script indicator displays vertical lines marking the start of key market sessions, known as Killzones, for both today and yesterday. These lines help traders identify important trading hours for the Asia, Europe, and New York sessions.
Killzone Vertical Lines:
Draws vertical lines for the start of the Asia, Europe, and New York sessions.
Displays lines for both today and the previous day to compare price action across sessions.
Customizable Time Settings:
Users can set the exact start hour and minute for each Killzone.
Time zones adjust automatically based on the chart's time zone.
Visual Customization:
Change the color, width, and style of the vertical lines (solid, dotted, dashed).
Toggle each session's lines individually for a cleaner chart.
Previous Start Lines:
Optional lines for the opening of today, the previous day, and the previous week, providing historical context for support and resistance levels.
Why Use This Indicator?
Session Awareness: Know exactly when major market sessions start to identify potential volatility spikes.
Historical Context: Compare today’s price action with previous sessions to spot recurring patterns.
Clean Charting: Automatic updates prevent clutter, keeping your workspace organized.
Flexible Customization: Tailor the display to fit your trading style and preferences.
Trading Sessions Highs/Lows | InvrsROBINHOODTrading Sessions Highs/Lows | InvrsROBINHOOD
🚀 A powerful indicator for tracking key trading sessions and the highs and lows of each session!
📌 Description
The Trading Sessions Highs/Lows indicator visually marks the most critical trading sessions—Asia, London, and New York—using small colored dots at the bottom of the candle. It also tracks and plots the highs and lows of each session, along with the Daily Open and Weekly Open levels.
This tool is designed to help traders identify session-based liquidity zones, price reactions, and potential trade setups with minimal chart clutter.
Key Features:
✅ Session markers (Asia, London, NY AM, NY Lunch, NY PM) plotted as small dots
✅ Plots session highs and lows for market structure insights
✅ Daily Open line for intraday reference
✅ Weekly Open line for higher timeframe bias
✅ Alerts for session high/low breaks to capture momentum shifts
✅ User-defined UTC offset for global traders
✅ Customizable session colors for personal preference
📖 How to Use the Indicator
1️⃣ Understanding the Sessions
Asia Session (Yellow Dot) → Marks liquidity buildup & pre-London moves
London Session (Blue Dot) → Strong volatility, breakout opportunities
New York AM Session (Green Dot) → Major trends & institutional participation
New York Lunch (Red Dot) → Low volume, ranging market
New York PM Session (Dark Green Dot) → End-of-day movements & reversals
2️⃣ Session Highs & Lows for Market Structure
Session Highs can act as resistance or breakout points.
Session Lows can act as support or stop-hunt zones.
Break of a session high/low with volume may indicate continuation or reversal.
3️⃣ Using the Daily & Weekly Open
The Daily Open (Black Line) helps gauge the intraday trend.
Above Daily Open → Bearish Bias
Below Daily Open → Bullish Bias
The Weekly Open (Red Line) sets the higher timeframe directional bias.
4️⃣ Alerts for Breakouts
The indicator will trigger alerts when price breaks session highs or lows.
Useful for setting stop-losses, breakout trades, and risk management.
💡 Why This Indicator is Important for Beginners
1️⃣ Avoids Overtrading:
Many beginners trade in low-volume periods (NY Lunch, Asia session) and get stuck in choppy price action.
This indicator highlights when volatility is high so traders focus on better opportunities.
2️⃣ Session-Based Liquidity Traps:
Market makers often run stops at session highs/lows before reversing.
Watching session breaks prevents traders from falling into liquidity grabs.
3️⃣ Reduces Emotional Trading:
If price is above the Daily Open, a beginner shouldn’t look for shorts.
If price is below a key session low, it may signal a fake breakout.
4️⃣ Aligns with Institutional Trading:
Smart money traders use session highs/lows to set stop hunts & reversals.
Beginners can use this indicator to spot these zones before entering trades.
🛡️ How to Mitigate Risk with This Indicator
✅ Wait for Confirmations – Don’t trade blindly at session highs/lows. Look for wicks, rejections, or break/retests.
✅ Use Stop-Loss Above/Below Session Levels – If you’re going long, set SL below a session low. If short, set SL above a session high.
✅ Watch Volume & News Events – Breakouts without strong volume or news may be fake moves.
✅ Combine with Other Strategies – Use price action, trendlines, or EMAs with this indicator for higher probability trades.
✅ Use the Weekly Open for Trend Bias – If price stays below the Weekly Open, avoid bullish setups unless key support holds.
🎯 Who is This Indicator For?
📌 Beginners who need clear session-based trading levels.
📌 Day traders & scalpers looking to refine their intraday setups.
📌 Smart money traders using liquidity concepts.
📌 Swing traders tracking higher timeframe momentum shifts.
🚀 Final Thoughts
This indicator is an essential tool for traders who want to understand market structure, liquidity, and volatility cycles. Whether you’re trading forex, stocks, or crypto, it helps you stay on the right side of the market and avoid unnecessary risks.
🔹 Set it up, customize your colors, define your UTC offset, and start trading smarter today! 🏆📈
Volatility with Sigma BandsOverview
The Volatility Analysis with Sigma Bands indicator is a powerful and flexible tool designed for traders who want to gain deeper insights into market price fluctuations. It calculates historical volatility within a user-defined time range and displays ±1σ, ±2σ, and ±3σ standard deviation bands, helping traders identify potential support, resistance levels, and extreme price behaviors.
Key Features
Multiple Volatility Band Displays:
±1σ Range (Yellow line): Covers approximately 68% of price fluctuations.
±2σ Range (Blue line): Covers approximately 95% of price fluctuations.
±3σ Range (Fuchsia line): Covers approximately 99% of price fluctuations.
Dynamic Probability Mode:
Toggle between standard normal distribution probabilities (68.2%, 95.4%, 99.7%) and actual historical probability calculations, allowing for more accurate analysis tailored to varying market conditions.
Highly Customizable Label Display:
The label shows:
Real-time volatility
Annualized volatility
Current price
Price ranges for each σ level
Users can adjust the label’s position and horizontal offset to prevent it from overlapping key price areas.
Real-Time Calculation & Visualization:
The indicator updates in real-time based on the selected time range and current market data, making it suitable for day trading, swing trading, and long-term trend analysis.
Use Cases
Risk Management:
Understand the distribution probabilities of price within different standard deviation bands to set more effective stop-loss and take-profit levels.
Trend Confirmation:
Determine trend strength or spot potential reversals by observing whether the price breaks above or below ±1σ or ±2σ ranges.
Market Sentiment Analysis:
Price movement beyond the ±3σ range often indicates extreme market sentiment, providing potential reversal opportunities.
Backtesting and Historical Analysis:
Utilize the customizable time range feature to backtest volatility during various periods, providing valuable insights for strategy refinement.
The Volatility Analysis with Sigma Bands indicator is an essential tool for traders seeking to understand market volatility patterns. Whether you're a day trader looking for precise entry and exit points or a long-term investor analyzing market behavior, this indicator provides deep insights into volatility dynamics, helping you make more confident trading decisions.
GM+For a Short Trade:
When a bullish candle (close > open) is larger than the previous candle and the MACD histogram for the past three bars is consecutively lower (suggesting weakening upward momentum), the script enters a short position.
For a Long Trade:
When a bearish candle (close < open) is larger (in body size) than the previous candle and the MACD histogram for the past three bars is consecutively higher (suggesting the downward move is losing strength), the script enters a long position.
Position Management:
There are no stop loss or take profit levels. The position is closed only when an opposite signal appears.
Multi-Timeframe VWMA chartThis "Multi-Timeframe VWMA Indicator" is a powerful tool for traders seeking to analyze price action across multiple timeframes using the Volume Weighted Moving Average (VWMA). Built in Pine Script v6, it overlays a customizable VWMA on your chart while displaying a table that tracks how your chosen price source (e.g., close, open, high, low) interacts with the VWMA across eight timeframes: 1m, 3m, 5m, 15m, 1h, 4h, 1d, and 1w.
Key features include adjustable inputs: select your price source, set the VWMA length (default 20), pick the line color (default blue), adjust line width (default 2), and apply an offset (default 0, range -500 to 500) to shift the VWMA for precise alignment. The VWMA is plotted on the current chart timeframe, scaling naturally with price due to the overlay setting.
The table, positioned top-right, shows each timeframe’s status: an upward arrow (↑, green) if the source is above the VWMA, indicating bullish momentum, or a downward arrow (↓, red) if below, suggesting bearish pressure. Using request.security, it fetches data efficiently, making it ideal for multi-timeframe analysis. Perfect for traders wanting a clear, customizable view of VWMA-based trends.
DataDoodles SD + ProbabilityDataDoodles SD + Probability
Overview:
The “DataDoodles SD + Probability” indicator is designed to provide traders with a statistical edge by leveraging standard deviation and probability metrics. This advanced tool calculates the annualized standard deviation, Z-score, and probability of price movements, offering insights into potential market direction with customizable alert thresholds.
Key Features:
1. Annualized Standard Deviation (Volatility) Calculation:
• Uses a user-defined period to compute the rolling standard deviation of daily returns.
• Annualizes the volatility, giving a clear picture of expected price fluctuations.
2. Probability of Price Movement:
• Calculates the probability of price moving up or down using a corrected Z-Score.
• Displays the probability percentage for both upward and downward movements.
3. Dynamic Alerts:
• Configurable alerts for upward and downward price movement probabilities.
• Receive alerts when the probability exceeds user-defined thresholds.
4. Projections and Visuals:
• Plots projected high and low price levels based on annualized volatility.
• Displays Z-Score and probability metrics on the chart for quick reference.
5. Comprehensive Data Table:
• Bottom-center table displays key metrics:
• Daily Return
• Standard Deviation (SD)
• Annualized Standard Deviation (Yearly SD)
User Inputs:
• Annualization Period: Set the time frame for volatility annualization (Default: 252 days).
• SD Period: Define the rolling window for calculating standard deviation (Default: 252 days).
• Alert Probability Up/Down: Customize the probability thresholds for alerts (Default: 90%).
How It Works:
• Data Request and Calculation:
• Uses daily close prices to ensure consistent timeframe calculations.
• Calculates daily returns and annualizes the volatility using the square root of the time frame.
• Probability Computation:
• Employs a normal distribution CDF approximation to compute the probability of upward and downward price movements.
• Adjusts probabilities based on Z-Score to ensure accuracy.
• High and Low Projections:
• Utilizes the annualized volatility to estimate high and low price projections for the year.
• Visual Indicators and Alerts:
• Plots projected high (green) and low (red) levels on the chart.
• Displays Z-Score, probability percentages, and dynamically updates a statistics table.
Use Cases:
• Trend Analysis: Identify high-probability market movements using the probability metrics.
• Volatility Insights: Understand annualized volatility to gauge market risk and potential price ranges.
• Strategic Trading Decisions: Set alerts for high-probability scenarios to optimize entry and exit points.
Why Use “DataDoodles SD + Probability”?
This indicator provides a powerful combination of statistical analysis and visual representation. It empowers traders with:
• Quantitative Edge: By leveraging probability metrics and standard deviation, users can make informed trading decisions.
• Risk Management: Annualized volatility projections help in setting realistic stop-loss and take-profit levels.
• Actionable Alerts: Customizable probability alerts ensure users are notified of potential market moves, allowing proactive trading strategies.
Recommended Settings:
• Annualization Period: 252 (Ideal for daily data representing a trading year)
• SD Period: 252 (One trading year for consistent volatility calculations)
• Alert Probability: Set to 90% for conservative signals or lower for more frequent alerts.
Final Thoughts:
The “DataDoodles SD + Probability” indicator is a robust tool for traders looking to integrate statistical analysis into their trading strategies. It combines volatility measurement, probability calculations, and dynamic alerts to provide a comprehensive market overview.
Whether you’re a day trader or a long-term investor, this indicator can enhance your market insight and improve decision-making accuracy.
Disclaimer:
This indicator is a technical analysis tool designed for educational purposes. Past performance is not indicative of future results. Traders are encouraged to perform their own analysis and manage risk accordingly.
Hammer and Shooting Star Alerts - FrmRisk2RichesThis custom Pine Script indicator helps traders identify potential reversal signals in the market by detecting the formation of Hammer and Shooting Star candlestick patterns on multiple timeframes. The indicator automatically analyzes the 1-minute, 5-minute, 15-minute, and 30-minute charts, alerting you when a Hammer or Shooting Star candle forms on any of these timeframes.
Cryptolabs Global Liquidity Cycle Momentum IndicatorCryptolabs Global Liquidity Cycle Momentum Indicator (LMI-BTC)
This open-source indicator combines global central bank liquidity data with Bitcoin price movements to identify medium- to long-term market cycles and momentum phases. It is designed for traders who want to incorporate macroeconomic factors into their Bitcoin analysis.
How It Works
The script calculates a Liquidity Index using balance sheet data from four central banks (USA: ECONOMICS:USCBBS, Japan: FRED:JPNASSETS, China: ECONOMICS:CNCBBS, EU: FRED:ECBASSETSW), augmented by the Dollar Index (TVC:DXY) and Chinese 10-year bond yields (TVC:CN10Y). This index is:
- Logarithmically scaled (math.log) to better represent large values like central bank balances and Bitcoin prices.
- Normalized over a 50-period range to balance fluctuations between minimum and maximum values.
- Compared to prior-year values, with the number of bars dynamically adjusted based on the timeframe (e.g., 252 for 1D, 52 for 1W), to compute percentage changes.
The liquidity change is analyzed using a Chande Momentum Oscillator (CMO) (period: 24) to measure momentum trends. A Weighted Moving Average (WMA) (period: 10) acts as a signal line. The Bitcoin price is also plotted logarithmically to highlight parallels with liquidity cycles.
Usage
Traders can use the indicator to:
- Identify global liquidity cycles influencing Bitcoin price trends, such as expansive or restrictive monetary policies.
- Detect momentum phases: Values above 50 suggest overbought conditions, below -50 indicate oversold conditions.
- Anticipate trend reversals by observing CMO crossovers with the signal line.
It performs best on higher timeframes like daily (1D) or weekly (1W) charts. The visualization includes:
- CMO line (green > 50, red < -50, blue neutral), signal line (white), Bitcoin price (gray).
- Horizontal lines at 50, 0, and -50 for improved readability.
Originality
This indicator stands out from other momentum tools like RSI or basic price analysis due to:
- Unique Data Integration: Combines four central bank datasets, DXY, and CN10Y as macroeconomic proxies for Bitcoin.
- Dynamic Prior-Year Analysis: Calculates liquidity changes relative to historical values, adjustable by timeframe.
- Logarithmic Normalization: Enhances visibility of extreme values, critical for cryptocurrencies and macro data.
This combination offers a rare perspective on the interplay between global liquidity and Bitcoin, unavailable in other open-source scripts.
Settings
- CMO Period: Default 24, adjustable for faster/slower signals.
- Signal WMA: Default 10, for smoothing the CMO line.
- Normalization Window: Default 50 periods, customizable.
Users can modify these parameters in the Pine Editor to tailor the indicator to their strategy.
Note
This script is designed for medium- to long-term analysis, not scalping. For optimal results, combine it with additional analyses (e.g., on-chain data, support/resistance levels). It does not guarantee profits but supports informed decisions based on macroeconomic trends.
Data Sources
- Bitcoin: INDEX:BTCUSD
- Liquidity: ECONOMICS:USCBBS, FRED:JPNASSETS, ECONOMICS:CNCBBS, FRED:ECBASSETSW
- Additional: TVC:DXY, TVC:CN10Y
