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Multi-Timeframe Trend Heatmap (EMA/RSI Based)Multi-Timeframe Trend Heatmap is a compact visual indicator that shows trend direction across multiple timeframes at a glance. You can choose between two trend detection methods: ✅ EMA: Price compared to an exponential moving average ✅ RSI: Overbought/oversold zone filtering (above 55 = bullish, below 45 = bearish) 🔍 How it works: For each timeframe (up to 3), the script checks whether the trend is bullish, bearish, or neutral. The result is shown as a heatmap using colored bars: 🟩 Green = Bullish 🟥 Red = Bearish ⬜ Gray = Neutral ✅ Features: Select up to 3 custom timeframes (ex: 5min / 15min / 1h) Choose between EMA or RSI trend logic Works in a separate pane (non-overlay) This indicator is especially useful for scalpers and intraday traders who want a quick and reliable overview of multi-timeframe alignment.
Pine Script® indicator
by FudamentalTrader
M2 Liquidity Divergence ModelM2 Liquidity Divergence Model The M2 Liquidity Divergence Model is a macro-aware visualization tool designed to compare shifts in global liquidity (M2) against the performance of a benchmark asset (default: Bitcoin). This script captures liquidity flows across major global economies and highlights whether price action is aligned ("Agreement") or diverging ("Divergence") from macro trends. 🔍 Core Features M2 Global Liquidity Index (GLI): Aggregates M2 money supply from major global economies, FX-adjusted, including extended contributors like India, Brazil, and South Africa. The slope of this composite is used to infer macro liquidity trends. Lag Offset Control: Allows the M2 signal to lead benchmark asset price by a configurable number of days (Lag Offset), useful for modeling the forward-looking nature of macro flows. Gradient Macro Context (Background): Displays a color-gradient background—aqua for expansionary liquidity, fuchsia for contraction—based on the slope and volatility of M2. This contextual backdrop helps users visually anchor price action within macro shifts. Divergence Histogram (Optional): Plots a histogram showing dynamic correlation or divergence between the liquidity index and the selected benchmark. Agreement Mode: M2 and asset are moving together. Divergence Mode: Highlights break in expected macro-asset alignment. Adaptive Transparency Scaling: Histogram and background gradients scale their visual intensity based on statistical deviation to emphasize stronger signals. Toggle Options: Show/hide the M2 Liquidity Index line. Show/hide divergence histogram. Enable/disable visual offset of M2 to benchmark. 🧠 Suggested Usage Macro Positioning: Use the background context to align directional trades with macro liquidity flows. Disagreement as Signal: Use divergence plots to identify when price moves against macro expectations—potential reversal or exhaustion zones. Time-Based Alignment: Adjust Lag Offset to synchronize M2 signals with asset price behavior across different market conditions. ⚠️ Disclaimer This indicator is designed for educational and analytical purposes only. It does not constitute financial advice or an investment recommendation. Always conduct your own research and consult a licensed financial advisor before making trading decisions.
Pine Script® indicator
by RWCS_LTD
ORBIT🚀 Sndey ORBIT Strategy (ORB Intraday Tactic for Indian Markets — 5-min Compatible) by @sndey 🔹 Overview Sndey ORBIT is a 5-minute Opening Range Breakout (ORB) intraday strategy tailored for the Indian stock market (NSE/BSE). It captures early market momentum with synced Stoploss, Profit Target, and optional Trailing Stoploss, making it ideal for disciplined intraday traders. 🔹 Why “ORBIT”? ORBIT stands for: Opening Range Breakout Intraday Tactic Like a rocket breaking past gravity, this strategy aims to catch strong price moves that escape the morning consolidation range. 🔹 How It Works Timeframe: Optimized for 5-minute charts ORB Range: 9:15–9:30 AM IST (first 15 mins of Indian market) Entry: 🔼 Buy: Breakout above ORB High 🔽 Sell: Breakdown below ORB Low Exit: On hitting Stoploss, Target, or Trailing SL Fully automated trade reset logic 🔹 Features ✅ Auto-calculated SL & TP based on user-defined Risk % ✅ Optional Trailing Stoploss ✅ Smart daily reset ✅ Visual plots for ORB High/Low, SL, TP ✅ Clear Buy/Sell/Exit signals ✅ Alert-ready for automation or manual execution 🔹 Notes Designed for Indian traders (works best on NSE/BSE equities and indices like NIFTY, BANKNIFTY) Use with liquid instruments for reliable breakout behavior Meant for intraday use only 📌 Important Test thoroughly using TradingView’s strategy tester and paper trading before deploying with real capital. Adjust Risk % according to your personal risk profile. Built with precision. Traded with discipline. Happy Trading! – @sndey
Pine Script® indicator
by sndey
Tableau Niveaux High/Low avec Lignes de Prix (Paris)Description for publication: High/Low Levels Chart with Price Lines (Paris) Discover a complete TradingView indicator designed to display in real time the High and Low levels of key market periods and sessions, directly on your charts. This Pine Script, designed for the Paris market, offers clear, customizable visualization of key levels, essential for technical analysis and decision-making. **Main features:** - Automatic display of High/Low for the previous day, week and month - Monday-specific levels for a better understanding of the start of the week - Detection and display of session extremes: Asia, London, New York - Real-time indication of currently active sessions, with distinctive color coding - Summary table can be positioned on screen (top right corner by default), with choice of text size for optimal readability - Option to hide the table on mobile, guaranteeing a smooth user experience on all media **Technical highlights:** - Dynamic calculation of levels with each new candle, without unnecessary visual overload - Clean interface: only essential values are displayed, without superfluous lines or background areas - Automatic adaptation of the number of lines in the table according to the options selected and the periods available - Intelligent management of sessions passing through minu
Pine Script® indicator
by bigrrtrading
Auto-Fibonacci Levels [ChartWhizzperer]Auto-Fibonacci Levels Discover one of the most elegant and flexible Fibonacci indicators for TradingView – fully automatic, tastefully understated, and built entirely in Pine Script V6. Key Features: - Automatically detects the most recent swing high and swing low. - Plots Fibonacci retracement levels and extensions (including 161.8%, 261.8%) perfectly aligned to the prevailing trend. - Distinctive, dashed lines with crystal-clear price labels right at the price scale for maximum clarity. - Line length and label offset are fully customisable for your charting preference. - Absolutely no repainting: Only confirmed swings are used for reliable signals. - Parameter: "Swing Detection Length" The “Swing Detection Length” parameter determines how many bars must appear to the left and right of a potential high or low for it to be recognised as a significant swing point. - Higher values make the script less sensitive (only major turning points are detected). - Lower values make it more responsive to minor fluctuations (more fibs, more signals). For best results, adjust this setting according to your preferred timeframe and trading style. Pro Tip: Fibonacci levels refresh automatically whenever a new swing is confirmed. Ideal for price action enthusiasts and Fibonacci purists alike. Licence: // Licence: CC BY-NC-SA 4.0 – Non-commercial use only, attribution required. // © ChartWhizzperer
Pine Script® indicator
by ChartWhizzperer
RSI & EMA/WMA trạng thái đa khung (nâng cấp)🧠 Main Function This indicator helps you track the relationship between RSI, EMA, and WMA across multiple timeframes, all displayed in a visual table overlayed on the price chart. 📋 Displayed Components Row Content 🟦 Row 1 Timeframe labels: 1m, 5m, 15m, 1h, 4h, 1D, 4D 🟩 Row 2 Colored dot for RSI status:   – 🟢 RSI is above both EMA and WMA   – 🔴 RSI is below both EMA and WMA   – 🟡 RSI is between EMA and WMA 📈 Row 3 Actual RSI value on that timeframe 🟠 Row 4 Colored dot for EMA vs WMA position:   – 🟢 EMA is above WMA   – 🔴 EMA is below WMA   – ⚪ EMA is nearly equal to WMA 🔤 Row 5 Which moving average is on top: shows "EMA" or "WMA" ⚙️ Custom Inputs In the input panel, you can adjust: RSI length (default: 14) EMA length (default: 9) → Treated as fast MA WMA length (default: 45) → Treated as slow MA Custom colors for all status dots (RSI position & EMA/WMA position) ⏱️ Supported Timeframes 1m, 5m, 15m, 1h, 4h, 1D, 4D  → You can modify these as needed. ✅ Practical Uses Quickly monitor RSI trends across multiple timeframes Identify when RSI is trending strong or weakening Visually track crossovers between fast and slow MAs Supports faster, clearer trading decisions
Pine Script® indicator
by minhcao170320
Ticker Pulse Meter BasicPairs nicely with the Contrarian 100 MA located here: and the Enhanced Stock Ticker with 50MA vs 200MA located here: Description The Ticker Pulse Meter Basic is a dynamic Pine Script v6 indicator designed to provide traders with a visual representation of a stock’s price position relative to its short-term and long-term ranges, enabling clear entry and exit signals for long-only trading strategies. By calculating three normalized metrics—Percent Above Long & Above Short, Percent Above Long & Below Short, and Percent Below Long & Below Short—this indicator offers a unique "pulse" of market sentiment, plotted as stacked area charts in a separate pane. With customizable lookback periods, thresholds, and signal plotting options, it empowers traders to identify optimal entry points and profit-taking levels. The indicator leverages Pine Script’s force_overlay feature to plot signals on either the main price chart or the indicator pane, making it versatile for various trading styles. Key Features Pulse Meter Metrics: Computes three percentages based on short-term (default: 50 bars) and long-term (default: 200 bars) lookback periods: Percent Above Long & Above Short: Measures price strength when above both short and long ranges (green area). Percent Above Long & Below Short: Indicates mixed momentum (orange area). Percent Below Long & Below Short: Signals weakness when below both ranges (red area). Flexible Signal Plotting: Toggle between plotting entry (blue dots) and exit (white dots) signals on the main price chart (location.abovebar/belowbar) or in the indicator pane (location.top/bottom) using the Plot Signals on Main Chart option. Entry/Exit Logic: Long Entry: Triggered when Percent Above Long & Above Short crosses above the high threshold (default: 20%) and Percent Below Long & Below Short is below the low threshold (default: 40%). Long Exit: Triggered when Percent Above Long & Above Short crosses above the profit-taking level (default: 95%). Visual Enhancements: Plots stacked area charts with semi-transparent colors (green, orange, red) for intuitive trend analysis. Displays threshold lines for entry (high/low) and profit-taking levels. Includes a ticker and timeframe table in the top-right corner for quick reference. Alert Conditions: Supports alerts for long entry and exit signals, integrable with TradingView’s alert system for automated trading. Technical Innovation: Combines normalized price metrics with Pine Script v6’s force_overlay for seamless signal integration on the price chart or indicator pane. Technical Details Calculation Logic: Uses confirmed bars (barstate.isconfirmed) to calculate metrics, ensuring reliability. Short-term percentage: (close - lowest(low, lookback_short)) / (highest(high, lookback_short) - lowest(low, lookback_short)). Long-term percentage: (close - lowest(low, lookback_long)) / (highest(high, lookback_long) - lowest(low, lookback_long)). Derived metrics: pct_above_long_above_short = (pct_above_long * pct_above_short) * 100. pct_above_long_below_short = (pct_above_long * (1 - pct_above_short)) * 100. pct_below_long_below_short = ((1 - pct_above_long) * (1 - pct_above_short)) * 100. Signal Plotting: Entry signals (long_entry) use ta.crossover to detect when pct_above_long_above_short crosses above entryThresholdhigh and pct_below_long_below_short is below entryThresholdlow. Exit signals (long_exit) use ta.crossover for pct_above_long_above_short crossing above profitTake. Signals are plotted as tiny circles with force_overlay=true for main chart or standard plotting for the indicator pane. Performance Considerations: Optimized for efficiency by calculating metrics only on confirmed bars and using lightweight plotting functions. How to Use Add to Chart: Copy the script into TradingView’s Pine Editor and apply it to your chart. Configure Settings: Short Lookback Period: Adjust the short-term lookback (default: 50 bars) for sensitivity. Long Lookback Period: Set the long-term lookback (default: 200 bars) for broader context. Entry Thresholds: Modify high (default: 20%) and low (default: 40%) thresholds for entry conditions. Profit Take Level: Set the exit threshold (default: 95%) for profit-taking. Plot Signals on Main Chart: Check to display signals on the price chart; uncheck for the indicator pane. Interpret Signals: Long Entry: Blue dots indicate a strong bullish setup when price is high relative to both lookback ranges and weakness is low. Long Exit: White dots signal profit-taking when strength reaches overbought levels. Use the stacked area charts to assess trend strength and momentum. Set Alerts: Create alerts for Long Entry and Long Exit conditions using TradingView’s alert system. Customize Visuals: Adjust colors and thresholds via TradingView’s settings for better visibility. The ticker table displays the symbol and timeframe in the top-right corner. Example Use Cases Swing Trading: Use entry signals to capture short-term bullish moves within a broader uptrend, exiting at profit-taking levels. Trend Confirmation: Monitor the green area (Percent Above Long & Above Short) for sustained bullish momentum. Market Sentiment Analysis: Use the stacked areas to gauge bullish vs. bearish sentiment across timeframes. Notes Testing: Backtest the indicator on your chosen market and timeframe to validate its effectiveness. Compatibility: Built for Pine Script v6 and tested on TradingView as of June 20, 2025. Limitations: Signals are long-only; adapt the script for short strategies if needed. Enhancements: Consider adding a histogram for the difference between metrics or additional thresholds for nuanced trading. Acknowledgments Inspired by public Pine Script examples and designed to simplify complex market dynamics into a clear, actionable tool. For licensing or support, contact Chuck Schultz (@chuckaschultz) on TradingView. Share feedback in the comments, and happy trading!
Pine Script® indicator
by chuckaschultz
Cycle Composite 3.6 WeightedThe Cycle Composite is a multi-factor market cycle model designed to classify long-term market behavior into distinct phases using normalized and weighted data inputs. It combines ten key on-chain, dominance, volatility, sentiment, and trend-following metrics into a single composite output. The goal is to provide a clearer understanding of where the market may stand in the broader cycle (e.g., accumulation, early bull, late bull, or euphoria). This version (3.4) introduces flexible weighting, trend strength markers, and additional context-aware signals such as risk-on confirmations and altseason flags. Phases Identified: The model categorizes the market into one of five zones: Euphoria (> 85) Late Bull (70 – 85) Mid Bull (50 – 70) Early Bull (30 – 50) Fear (< 30) Each phase is determined by a smoothed EMA of the weighted composite score. Data Sources and Metrics Used (10 total): BTC Dominance (CRYPTOCAP:BTC.D) Stablecoin Dominance (USDT + USDC average) (inverted for risk-on) ETH Dominance (CRYPTOCAP:ETH.D) BBWP (normalized Bollinger Band Width % over 1-year window) WVF (Williams VIX Fix for volatility spike detection) NUPL (Net Unrealized Profit/Loss, external source) CMF (Chaikin Money Flow, smoothed volume accumulation) CEX Open Interest (custom input from DAO / external source) Whale Inflows (custom input from whale exchange transfer data) Google Trends Average (BTC, Crypto, Altcoin terms) All inputs are normalized over a 200-bar window and combined via weighted averaging, where each weight is user-configurable. Additional Features: Phase Labels: Labels are printed only when a new phase is entered. Bull Continuation Marker: Triangle up when composite makes higher highs and NUPL increases. Weakening Marker: Triangle down when composite rolls over in Late Bull and NUPL falls. Risk-On Signal: Green circle appears when CMF and Google Trends are both rising. Altseason Flag: Orange diamond appears when dominance of "others.d" exceeds BTC.D and ETH.D and composite is above 50. Background Shading: Each phase is shaded with a semi-transparent background color. Timeframe-Aware Display: All markers and signals are shown only on weekly timeframe for clarity. Intended Use: This script is intended for educational and macro-trend analysis purposes. It can be used to: Identify macro cycle position (accumulation, bull phases, euphoria, etc.) Spot long-term trend continuation or weakening signals Add context to price action with external on-chain and sentiment data Time rotation events such as altseason risk Disclaimer: This script does not constitute financial advice. It is intended for informational and research purposes only. Users should conduct their own due diligence and analysis before making investment decisions.
Pine Script® indicator
by 0xInverse
1
MNQ/NQ Risk Management ToolThis tool helps MNQ and NQ futures traders automatically calculate position size based on either a fixed dollar risk or a percentage of account balance. Simply enter your stop loss level and choose whether to risk a set dollar amount or a percentage of your account. The script will display how many contracts to trade based on your setup. Features: Calculates contracts based on stop loss and risk size Toggle between dollar-based or percent-of-account risk Works with both MNQ ($2/point) and NQ ($20/point) Automatically updates based on current price and direction (long or short) Displays a clean info box on your chart with risk, contracts, and settings This tool is ideal for intraday or swing traders who want to stay consistent with risk management across trades.
Pine Script® indicator
by nathanwaymire25
Impulsive Candle Detector TRW [3-in-1]Impulsive Candle Detector Description: professor Michael impulsive candle but 3 -1 code by me The Impulsive Candle Detector is a powerful tool designed to identify and highlight three different types of impulsive candles on your TradingView chart—all in a single, customizable indicator. Each impulsive candle type uses its own configurable settings, allowing traders to easily visualize various market dynamics without crowding their charts with multiple indicators. How it works: The indicator detects “impulsive” candles based on custom thresholds for candle range, volume, and body-to-wick ratio. Each of the three types is independently configurable with its own parameters (length for averages, size multiplier, volume multiplier, body ratio, and color). When an impulsive candle is detected, the corresponding bar is colored and can optionally display a label above the candle indicating its type. Separate alerts can be set for each impulsive candle type, enabling you to react to different market conditions instantly. Features: Three independent impulsive candle detection types, all in one indicator Adjustable settings for each type (range, volume, body ratio, and color) Clean, uncluttered chart view Custom bar coloring and optional labels for instant visual recognition Supports individual alert notifications for each impulsive candle type Perfect for: Traders looking to spot strong market moves or volatility spikes Those who want to monitor multiple impulsive candle patterns without overlapping indicators Anyone who values clean and customizable charting solutions
Pine Script® indicator
by HiTTz_Crypto
Intermarket Correlation Oscillator (ICO)The Intermarket Correlation Oscillator (ICO) is a TradingView indicator that helps traders analyze the relationship between two assets, such as stocks, indices, or cryptocurrencies, by measuring their price correlation. It displays this correlation as an oscillator ranging from -1 to +1, making it easy to spot whether the assets move together, oppositely, or independently. A value near +1 indicates strong positive correlation (assets move in the same direction), near -1 shows strong negative correlation (opposite movements), and near 0 suggests no correlation. This tool is ideal for confirming trends, spotting divergences, or identifying hedging opportunities across markets. How It Works? The ICO calculates the Pearson correlation coefficient between the chart’s primary asset (e.g., Apple stock) and a secondary asset you choose (e.g., SPY for the S&P 500) over a specified number of bars (default: 20). The oscillator is plotted in a separate pane below the chart, with key levels at +0.8 (overbought, strong positive correlation) and -0.8 (oversold, strong negative correlation). A midline at 0 helps gauge neutral correlation. When the oscillator crosses these levels or the midline, labels ("OB" for overbought, "OS" for oversold) and alerts notify you of significant shifts. Shaded zones highlight extreme correlations (red for overbought, green for oversold) if enabled. Why Use the ICO? Trend Confirmation: High positive correlation (e.g., SPY and QQQ both rising) confirms market trends. Divergence Detection: Negative correlation (e.g., DXY rising while stocks fall) signals potential reversals. Hedging: Identify negatively correlated assets to balance your portfolio. Market Insights: Understand how assets like stocks, bonds, or crypto interact. Easy Steps to Use the ICO in TradingView Add the Indicator: Open TradingView and load your chart (e.g., AAPL on a daily timeframe). Go to the Pine Editor at the bottom of the TradingView window. Copy and paste the ICO script provided earlier. Click "Add to Chart" to display the oscillator below your price chart. Configure Settings: Click the gear icon next to the indicator’s name in the chart pane to open settings. Secondary Symbol: Choose an asset to compare with your chart’s symbol (e.g., "SPY" for S&P 500, "DXY" for USD Index, or "BTCUSD" for Bitcoin). Default is SPY. Correlation Lookback Period: Set the number of bars for calculation (default: 20). Use 10-14 for short-term trading or 50 for longer-term analysis. Overbought/Oversold Levels: Adjust thresholds (default: +0.8 for overbought, -0.8 for oversold) to suit your strategy. Lower values (e.g., ±0.7) give more signals. Show Midline/Zones: Check boxes to display the zero line and shaded overbought/oversold zones for visual clarity. Interpret the Oscillator: Above +0.8: Strong positive correlation (red zone). Assets move together. Below -0.8: Strong negative correlation (green zone). Assets move oppositely. Near 0: No clear relationship (midline reference). Labels: "OB" or "OS" appears when crossing overbought/oversold levels, signaling potential correlation shifts. Set Up Alerts: Right-click the indicator, select "Add Alert." Choose conditions like "Overbought Alert" (crossing above +0.8), "Oversold Alert" (crossing below -0.8), or zero-line crossings for bullish/bearish correlation shifts. Configure notifications (e.g., email, SMS) to stay informed. Apply to Trading: Use positive correlation to confirm trades (e.g., buy AAPL if SPY is rising and correlation is high). Spot divergences for reversals (e.g., stocks dropping while DXY rises with negative correlation). Combine with other indicators like RSI or moving averages for stronger signals. Tips for New Users Start with related assets (e.g., SPY and QQQ for tech stocks) to see clear correlations. Test on a demo account to understand signals before trading live. Be aware that correlation is a lagging indicator; confirm signals with price action. If the secondary symbol doesn’t load, ensure it’s valid on TradingView (e.g., use correct ticker format). The ICO is a powerful, beginner-friendly tool to explore intermarket relationships, enhancing your trading decisions with clear visual cues and alerts.
Pine Script® indicator
by TradingRobotAvailable
LMAsLibrary "LMAs" Credits Thank you to @QuantraSystems for dynamic calculations. Introduction This lightweight library offers dynamic implementations of popular moving averages that adapt their length automatically as new bars are added to the chart. Each function is built on a dynamic length formula: len = math.min(maxLength, bar_index + 1) This approach ensures that calculations begin as early as the first bar, allowing for smoother initialization and more consistent behavior across all timeframes. It’s especially useful in custom scripts that run from bar 0 or when historical data is limited. Usage You can use this library as a drop-in replacement for standard moving averages. It provides more flexibility and stability in live or backtesting environments where fixed-length indicators may delay or fail to initialize properly. Why Use This? • Works from the very first bar • Avoids na values during early bars • Great for real-time indicators, strategies, and bar-replay • Clean and efficient code with dynamic behavior How to Use Import the library into your script and call any of the included functions just like you would with their native counterparts. Summary A lightweight Pine Script™ library offering dynamic moving averages that work seamlessly from the very first bar. Ideal for strategies and indicators requiring robust initialization and adaptive behavior. SMA(sourceData, maxLength)   Dynamic SMA   Parameters:      sourceData (float)      maxLength (int) EMA(src, length)   Dynamic EMA   Parameters:      src (float)      length (int) DEMA(src, length)   Dynamic DEMA   Parameters:      src (float)      length (int) TEMA(src, length)   Dynamic TEMA   Parameters:      src (float)      length (int) WMA(src, length)   Dynamic WMA   Parameters:      src (float)      length (int) HMA(src, length)   Dynamic HMA   Parameters:      src (float)      length (int) VWMA(src, volsrc, length)   Dynamic VWMA   Parameters:      src (float)      volsrc (float)      length (int) SMMA(src, length)   Dynamic SMMA   Parameters:      src (float)      length (int) LSMA(src, length, offset)   Dynamic LSMA   Parameters:      src (float)      length (int)      offset (int) RMA(src, length)   Dynamic RMA   Parameters:      src (float)      length (int) ALMA(src, length, offset_sigma, sigma)   Dynamic ALMA   Parameters:      src (float)      length (int)      offset_sigma (float)      sigma (float) ZLSMA(src, length)   Dynamic ZLSMA   Parameters:      src (float)      length (int) FRAMA(src, length)   Parameters:      src (float)      length (int) KAMA(src, length)   Dynamic KAMA   Parameters:      src (float)      length (int) JMA(src, length, phase)   Dynamic JMA   Parameters:      src (float)      length (int)      phase (float) T3(src, length, volumeFactor)   Dynamic T3   Parameters:      src (float)      length (int)      volumeFactor (float)
Pine Script® library
by LyroRS
Bitcoin Power Law Clock [LuxAlgo]The Bitcoin Power Law Clock is a unique representation of Bitcoin prices proposed by famous Bitcoin analyst and modeler Giovanni Santostasi. It displays a clock-like figure with the Bitcoin price and average lines as spirals, as well as the 12, 3, 6, and 9 hour marks as key points in the cycle. 🔶 USAGE Giovanni Santostasi, Ph.D., is the creator and discoverer of the Bitcoin Power Law Theory. He is passionate about Bitcoin and has 12 years of experience analyzing it and creating price models. As we can see in the above chart, the tool is super intuitive. It displays a clock-like figure with the current Bitcoin price at 10:20 on a 12-hour scale. This tool only works on the 1D INDEX:BTCUSD chart. The ticker and timeframe must be exact to ensure proper functionality. According to the Bitcoin Power Law Theory, the key cycle points are marked at the extremes of the clock: 12, 3, 6, and 9 hours. According to the theory, the current Bitcoin prices are in a frenzied bull market on their way to the top of the cycle. 🔹 Enable/Disable Elements All of the elements on the clock can be disabled. If you disable them all, only an empty space will remain. The different charts above show various combinations. Traders can customize the tool to their needs. 🔹 Auto scale The clock has an auto-scale feature that is enabled by default. Traders can adjust the size of the clock by disabling this feature and setting the size in the settings panel. The image above shows different configurations of this feature. 🔶 SETTINGS 🔹 Price Price: Enable/disable price spiral, select color, and enable/disable curved mode Average: Enable/disable average spiral, select color, and enable/disable curved mode 🔹 Style Auto scale: Enable/disable automatic scaling or set manual fixed scaling for the spirals Lines width: Width of each spiral line Text Size: Select text size for date tags and price scales Prices: Enable/disable price scales on the x-axis Handle: Enable/disable clock handle Halvings: Enable/disable Halvings Hours: Enable/disable hours and key cycle points 🔹 Time & Price Dashboard Show Time & Price: Enable/disable time & price dashboard Location: Dashboard location Size: Dashboard size
Pine Script® indicator
by LuxAlgo
6
SHA Multi Pivot Points -v1.0.0🔎Using Pivot Points in Trading Traders use PPs to help determine predefined support and resistance levels to guide their trading strategies. In addition, traders identify potential price reversals, trend direction, and breakout opportunities: Trend identification: PPs act as a reference level to gauge market sentiment. If the price opens above the PP and remains above it, traders interpret this as an uptrend. Conversely, if the price opens below the pivot point and stays below, it suggests a downtrend. Support and resistance determination: Pivot levels are natural barriers where price reactions frequently occur. Traders may enter long positions near support levels, expecting a price bounce, or if the price approaches resistance levels, traders may consider shorting the asset. Breakout trading: When the price breaks above resistance or support, it may indicate strong momentum for further movement. Reversal identification: Traders also look for failed breakouts or price rejections at pivot levels to anticipate reversals. Trading strategy combinations: Traders can improve accuracy by combining PPs with other technical analysis indicators. 1. Camarilla Pivot Points 📌 Overview: Developed by Nick Scott in 1989, Camarilla Pivot Points are designed for short-term, intraday trading. Unlike traditional pivots, Camarilla levels are tighter and more responsive, making them useful in volatile markets. 📐 Key Levels: It generates eight levels: - Resistance: Initial Level (R1), Mid-range Level (R2), Sell Reversal Level (R3), Breakout Level (R4) - Support: Initial Level (S1), Mid-range Level (S2), Buy Reversal Level (S3), Breakout Level (S4) ✅ How to Use: - S1/R1 + RSI or volume divergence to confirm weak momentum and early reversals. - S2/R2 with price action patterns to enter early on major moves before L3/H3 get tested. - S3/R3: Mean-reversion zones → price often reverses. - Break of S4/R4: Strong breakout → trend-following signal. - Combine with volume or candlestick confirmation for entries. 🔹 2. Floor (Standard) Pivot Points 📌 Overview: This is the most traditional pivot method, widely used by floor traders. It’s symmetrical and provides a clear central pivot point with equally spaced support and resistance levels. 📐 Key Levels: - Povit Points : Average price (PPs) - Resistance : First price ceiling (R1), Stronger ceiling (R2), Extreme resistance (R3) - Support : First price floor (S1), Stronger floor (S2), Extreme support (S3) ✅ How to Use: - Above PPs = bullish bias; Below PPs = bearish bias. - S1/R1 are most used for intraday targets. - S2–S3/R2–R3 indicate potential extreme moves. - Often used in combination with momentum indicators. 🔹 3. Woodie Pivot Points 📌 Overview: Woodie’s pivot formula gives double weight to the closing price, emphasizing the most recent session's sentiment. 📐 Key Levels: - Povit Points : Weighted average (PPs) - Resistance : First price ceiling (R1), Stronger resistance (R2) - Support : First price floor (S1), Stronger support (S2) ✅ How to Use: - Works best in fast-moving markets. - PPs acts as a momentum-based balance level. - Good for scalpers and momentum traders. 🔹 4. Fusion Pivot Points 📌 Overview: This method differs significantly — it calculates only one support and one resistance level, adjusting based on the relationship between the open and close. 📐 Key Levels: - Povit Points : Single directional (PPs) - Resistance : Potential ceiling (R) - Support : Potential floor (S) ✅ How to Use: - Not symmetrical → more responsive to price behavior. - Best for breakout or reversal strategies. - Use when you're expecting directional momentum. 🔹 5. Classic Pivot Points (Traditional) 📌 Overview: Also known as Standard or Traditional Pivot Points, this is the default method used by most charting platforms. It offers a balanced and simple framework. 📐 Key Levels: - Povit Points : Central price level (PPs) - Resistance : First ceiling (R1), Stronger resistance (R2), Extreme resistance (R3) - Support : First floor (S1), Stronger floor (S2), Extreme support (S3) ✅ How to Use: - PPs is the market’s equilibrium point. - Helps define market structure, bias, and trade zones. - Combine with order blocks, RSI, or MACD for confirmation. 📊 Summary Comparison : 1. Camarilla Pivot Points - Focus : Mean Reversion & Breakouts - Best Use : Scalping, Day Trading 2. Floor Pivot Points - Focus : General Support/Resistance - Best Use : Intraday, Swing 3. Woodie Pivot Points - Focus : Recent Close Emphasis - Best Use : Momentum Trading 4. Fusion Pivot Points - Focus : Trend/Breakout - Best Use : Directional Breakouts 5. Classic Povit Points - Focus : Market Structure - Best Use : General Use ⚠️ Disclaimer The information and tools provided in this script are for educational and informational purposes only. They do not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instrument. Trading in the financial markets involves risk of loss and is not suitable for every investor. You are solely responsible for your trading decisions. Always do your own research, use proper risk management, and consult a licensed financial advisor before making any financial decisions.
Pine Script® indicator
by sha_fibo
Percent Change IndicatorThe Percent Change Indicator helps you see how much the price of an asset has changed over a specific number of bars (or candles) on the chart. You get to decide how many bars to look back — for example, the last 10 candles. The indicator takes the current closing price and compares it to the closing price from 10 bars ago, then calculates the percentage difference between the two. If the price has increased, the indicator shows a positive value and displays it in green. If the price has dropped, the value is negative and shown in red. A horizontal zero line helps you quickly see whether the market is gaining or losing value over the selected period. On your chart, this indicator appears as a line that moves up or down with the price trend. It updates in real time and works on all timeframes — so whether you're trading on the 1-minute chart or analyzing the daily chart, it always tells you how much the price has changed over the number of bars you chose. This tool is especially useful for spotting trends, measuring price momentum, or identifying when the market is starting to reverse direction.
Pine Script® indicator
by SupertradeOfficial