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Enhanced HHLL Time Confirmation with EMAStrong recommendation , remove the green and red circle , or leave it how it is ;) To be used on 1 minute chart MSTR , Stock other time frames are good , ;) How to Use HHLL Signals: Look for green triangles (buy) below bars or red triangles (sell) above bars to identify confirmed HH/LL setups with trend alignment. EMA Signals: Watch for lime circles (buy) below bars or maroon circles (sell) above bars when price crosses the EMA 400 in a trending market. Trend Context: Use the EMA 400 as a dynamic support/resistance level and the SMA trend filter to gauge market direction. Enable alerts to get notified of signals in real-time. Best Practices Adjust the Lookback Period and Confirmation Minutes to suit your timeframe (e.g., shorter for scalping, longer for swing trading). Combine with other indicators (e.g., volume, RSI) for additional confirmation. Test on your preferred market and timeframe to optimize settings. Indicator Description: Enhanced HHLL Time Confirmation with EMA Overview The "Enhanced HHLL Time Confirmation with EMA" is a versatile trading indicator designed to identify key reversal and continuation signals based on Higher Highs (HH), Lower Lows (LL), and a 400-period Exponential Moving Average (EMA). It incorporates time-based confirmation and trend filters to reduce noise and improve signal reliability. This indicator is ideal for traders looking to spot trend shifts or confirm momentum with a combination of price structure and moving average crossovers. Key Features Higher High / Lower Low Detection: Identifies HH and LL based on a customizable lookback period (default: 30 bars). Signals are confirmed only after a user-defined time period (in minutes, default: 60) has passed since the last HH or LL, ensuring stability. Trend Filter: Uses a fast (10-period) and slow (30-period) Simple Moving Average (SMA) crossover to confirm bullish or bearish trends. Buy signals require a bullish trend (Fast SMA > Slow SMA), and sell signals require a bearish trend (Fast SMA < Slow SMA). EMA 400 Integration: Plots a 400-period EMA (customizable) as a long-term trend reference. Generates additional buy/sell signals when price crosses above (buy) or below (sell) the EMA 400, filtered by trend direction. Visualizations: Optional dashed lines for HH and LL levels (toggleable). Debug markers (diamonds) to visualize HH/LL detection points. Distinct signal shapes: triangles for HHLL signals (green/red) and circles for EMA signals (lime/maroon). Alerts: Built-in alert conditions for HHLL Buy/Sell and EMA Buy/Sell signals, making it easy to stay informed of key events. Input Parameters Lookback Period (default: 30): Number of bars to look back for HH/LL detection. Confirmation Minutes (default: 60): Time (in minutes) required to confirm HH/LL signals. High/Low Source: Select the price source for HH (default: high) and LL (default: low). Show HH/LL Lines (default: true): Toggle visibility of HH/LL dashed lines. Show Debug Markers (default: true): Toggle HH/LL detection markers. EMA Period (default: 400): Adjust the EMA length.
Pine Script® indicator
by GranuleSacks
[#ps #mft] RDT's Real Relative StrengthIndicator to use with Pine Screener for filtering watchlists with RDT's Real Relative Strength. See r/realdaytrading for more info on the RRS. How to: 1. Mark the indicator as "Favorite". 2. Open Pine Screener. 3. Choose a watchlist. 4. Choose this indicator. 5. Change the settings as needed. 6. Make sure you set timeframe to "5 minutes" and not the default "1 day". If you choose "Bullish trend", then "Signal X" is a shortcut for RRS > 0 for that timeframe. Similarly "Bearish trend" for "Signal X" means RRS < 0. Pro-tip #1: use Symbol syncing between tabs to easily go over the results. Pro-tip #2: you can have two tabs open for "Bullish" and "Bearish" pine screeners (even synced to the same color), so you don't have to change settings everytime.
Pine Script® indicator
by satayev
ATR Stop Loss & 3 TP FinderATR Stop Loss & 3 TP Finder - By SeehraSingh This indicator is designed to help traders automate Stop Loss (SL) and Take Profit (TP) placement based on the Average True Range (ATR). It dynamically calculates: Stop Loss (SL): Set based on a user-defined ATR multiplier. Three Take Profit (TP) levels: Configurable ATR multipliers for TP1, TP2, and TP3. Customizable Price Sources: Allows traders to choose different price sources (Open, High, Low, Close, HL2, HLC3, OHLC4, HLCC4) for both SL and TP calculations. Visual Representation: Plots dashed lines for Entry, SL, TP1, TP2, and TP3. Table Display: Provides an easy-to-read table at the bottom showing SL, TP1, TP2, and TP3 values. How It Works: Select ATR length and smoothing type (RMA, SMA, EMA, WMA). Set ATR multipliers for SL and TP levels. Choose the price source for SL and TP calculations. The indicator automatically plots entry, SL, and three TP levels on the chart. Ideal For: Traders who use ATR-based dynamic Stop Loss and Take Profit strategies. Those who want to avoid fixed SL/TP placements and prefer volatility-based risk management. Scalpers, Swing Traders, and Position Traders looking for automated SL/TP visualization. Disclaimer ⚠️ Trading involves risk. This indicator is for educational purposes only and should not be considered financial advice. Always conduct your own analysis before entering any trade. The author is not responsible for any financial losses incurred while using this tool. Past performance does not guarantee future results.
Pine Script® indicator
by SeehraSingh
CVD Oscillator - Short Term SwiftEdgeOverview The CVD Oscillator - Short Term is a technical indicator designed to assist traders in identifying short-term buying and selling pressure in the market. It calculates the Cumulative Volume Delta (CVD) to measure the net volume difference between buying and selling activity, displayed as an oscillator in a separate panel. This indicator is tailored for short-term trading strategies, such as scalping or day trading, on low timeframes (e.g., 1-minute, 5-minute, or 15-minute charts). How It Works Cumulative Volume Delta (CVD): The indicator calculates CVD by assigning volume to buyers (when close > open) or sellers (when close < open). If close = open, the volume is neutral. Short-Term Focus: The CVD is calculated over a user-defined lookback period (default: 10 candles), making it sensitive to recent market activity. Normalization: The raw CVD is normalized by dividing it by the average volume (over a short period, default: 5 candles) and scaled to fit within a range of -100 to +100, creating an oscillator-like behavior. Reset Options: Users can reset the CVD at specific intervals (e.g., every minute, 5 minutes, 15 minutes, or daily) to focus on intraday movements. Live CVD Value: The raw (unnormalized) CVD value is displayed as a label on each candle for real-time monitoring. Key Features Customizable Lookback Period: Adjust the number of recent candles (default: 10) to calculate CVD, allowing for precise short-term analysis. Flexible Reset Periods: Choose to reset the CVD every 1 minute, 5 minutes, 15 minutes, daily, or never, to suit your trading style. Normalized Oscillator: The CVD is scaled between -100 and +100, making it easier to visualize short-term momentum. Live CVD Labels: Displays the raw CVD value on each candle, with options to position the label above or below the oscillator line. How to Use Add to Chart: Apply the indicator to your chart on a low timeframe (e.g., 1m, 5m, or 15m) for short-term trading. Interpret the Oscillator: Above 0 (Green): Indicates buying pressure dominates. Below 0 (Red): Indicates selling pressure dominates. Near 0: Suggests neutral market conditions. Monitor Live CVD: Use the raw CVD value (shown in the label) to assess the exact net volume difference over the lookback period. Combine with Other Tools: Use the oscillator alongside price action, support/resistance levels, or other indicators to confirm trading decisions. Adjust Settings: CVD Lookback Period: Set to a small value (e.g., 5-20 candles) for scalping. CVD Reset Period: Choose "1m" or "5m" for intraday resets to focus on very short-term trends. Volume Average Length: Use a short length (e.g., 3-5) for faster responsiveness. Scale Factor: Increase (e.g., 2.0-3.0) to amplify small changes in CVD. Settings CVD Reset Period: Defines when to reset the CVD calculation ("None", "D" for daily, "15m", "5m", "1m"). CVD Lookback Period (Candles): Number of recent candles to calculate CVD (default: 10). Volume Average Length: Period for averaging volume to normalize CVD (default: 5). CVD Scale Factor: Adjusts the sensitivity of the normalized CVD (default: 2.0). CVD Label Position: Choose to display the raw CVD label above or below the oscillator line. CVD Label Color: Customize the color of the CVD label (default: white). Limitations Not a Standalone Tool: This indicator should be used in conjunction with other technical analysis tools, as it does not guarantee profitable trades. Volume Dependency: The accuracy of CVD relies on the quality of volume data provided by your broker or exchange. Short-Term Focus: The indicator is optimized for low timeframes and may produce noise on higher timeframes unless adjusted. No Predictive Claims: The CVD Oscillator reflects past and current market activity but does not predict future price movements. Notes This indicator is designed for informational purposes and does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results. Test the indicator on a demo account to understand its behavior before using it in live trading. Feedback is welcome! If you have suggestions for improvements, feel free to share them in the comments.
Pine Script® indicator
by SwiftEdge
Adaptive Fibonacci Volatility Bands (AFVB) **Adaptive Fibonacci Volatility Bands (AFVB)** ### **Overview** The **Adaptive Fibonacci Volatility Bands (AFVB)** indicator enhances standard **Fibonacci retracement levels** by dynamically adjusting them based on market **volatility**. By incorporating **ATR (Average True Range) adjustments**, this indicator refines key **support and resistance zones**, helping traders identify **more reliable entry and exit points**. **Key Features:** - **ATR-based adaptive Fibonacci levels** that adjust to changing market volatility. - **Buy and Sell signals** based on price interactions with dynamic support/resistance. - **Toggleable confirmation filter** for refining trade signals. - **Customizable color schemes** and alerts. --- ## **How This Indicator Works** The **AFVB** operates in three main steps: ### **1️⃣ Detecting Key Fibonacci Levels** The script calculates **swing highs and swing lows** using a user-defined lookback period. From this, it derives **Fibonacci retracement levels**: - **0% (High)** - **23.6%** - **38.2%** - **50% (Mid-Level)** - **61.8%** - **78.6%** - **100% (Low)** ### **2️⃣ Adjusting for Market Volatility** Instead of using **fixed retracement levels**, this indicator incorporates an **ATR-based adjustment**: - **Resistance levels** shift **upward** based on ATR. - **Support levels** shift **downward** based on ATR. - This makes levels more **responsive** to price action. ### **3️⃣ Generating Buy & Sell Signals** AFVB provides **two types of signals** based on price interactions with key levels: ✔ **Buy Signal**: Occurs when price **dips below** a support level (78.6% or 100%) and **then closes back above it**. - **Optionally**, a confirmation buffer can be enabled to require price to close **above an additional threshold** (based on ATR). ✔ **Sell Signal**: Triggered when price **breaks above a resistance level** (0% or 23.6%) and **then closes below it**. 📌 **Important:** - The **buy threshold setting** allows traders to **fine-tune** entry conditions. - Turning this setting **off** generates **more frequent** buy signals. - Keeping it **on** reduces false signals but may result in **fewer trade opportunities**. --- ## **How to Use This Indicator in Trading** ### 🔹 **Entry Strategy (Buying)** 1️⃣ Look for **buy signals** at the **78.6% or 100% Fibonacci levels**. 2️⃣ Ensure price **closes above** the support level before entering a long trade. 3️⃣ **Enable or disable** the buy threshold filter depending on desired trade strictness. ### 🔹 **Exit Strategy (Selling)** 1️⃣ Watch for **sell signals** at the **0% or 23.6% Fibonacci levels**. 2️⃣ If price **breaks above resistance and then closes below**, consider exiting long positions. 3️⃣ Can be used **alone** or **combined with trend confirmation tools** (e.g., moving averages, RSI). ### 🔹 **Using the Toggleable Buy Threshold** - **ON**: Buy signal requires **extra confirmation** (reduces false signals but fewer trades). - **OFF**: Buy triggers as soon as price **closes back above support** (more signals, but may include weaker setups). --- ## **User Inputs** ### **🔧 Customization Options** - **ATR Length**: Defines the period for **ATR calculation**. - **Swing Lookback**: Determines how far back to find **swing highs and lows**. - **ATR Multiplier**: Adjusts the size of **volatility-based modifications**. - **Buy/Sell Threshold Factor**: Fine-tunes the **entry signal strictness**. - **Show Level Labels**: Enables/disables **Fibonacci level annotations**. - **Color Settings**: Customize **support/resistance colors**. ### **📢 Alerts** AFVB includes built-in **alert conditions** for: - **Buy Signals** ("AFVB BUY SIGNAL - Possible reversal at support") - **Sell Signals** ("AFVB SELL SIGNAL - Possible reversal at resistance") - **Any Signal Triggered** (Useful for automated alerts) --- ## **Who Is This Indicator For?** ✅ **Scalpers & Day Traders** – Helps identify **short-term reversals**. ✅ **Swing Traders** – Useful for **buying dips** and **selling rallies**. ✅ **Trend Traders** – Can be combined with **momentum indicators** for confirmation. **Best Timeframes:** ⏳ **15-minute, 1-hour, 4-hour, Daily charts** (works across multiple assets). --- ## **Limitations & Considerations** 🚨 **Important Notes**: - **No indicator guarantees profits**. Always **combine** it with **risk management strategies**. - Works best **in trending & mean-reverting markets**—may generate false signals in **choppy conditions**. - Performance may vary across **different assets & timeframes**. 📢 **Backtesting is recommended** before using it for live trading.
Pine Script® indicator
by Finntech1
Ultimate Trend Strength Meter Using TechnoBloom’s IndicatorsOverview The Ultimate Trend Strength Meter Using TechnoBloom’s Indicators is a powerful trend analysis tool developed using TechnoBloom’s proprietary indicators. This indicator helps traders assess trend strength, momentum, and potential reversals by combining three essential market factors: • Market Participation Ratio (MPR) – Measures trader engagement and volume strength. • Volume Weighted Moving Average (VWMO) – Confirms momentum and trend direction. • Fibonacci-Based Support & Resistance – Identifies key reversal zones and breakout points. ⸻ Key Features: ✅ Color-Coded Trend Strength Meter: • 🟢 Green – Strong Trend (High Confidence): High participation, strong momentum, and no major resistance. • 🟡 Yellow – Weak Trend (Caution): Moderate participation, possible resistance ahead, and trend uncertainty. • 🔴 Red – Reversal Risk / No Trend: Low market engagement, momentum uncertainty, and proximity to major Fibonacci levels. ✅ Eliminates False Signals & Weak Trends: • Prevents choppy market entries by ensuring high-volume confirmation. • Ideal for filtering fake breakouts and exhaustion phases. ✅ Works for All Trading Styles & Markets: • Scalping (1m-5m), Day Trading (15m-1H), and Swing Trading (4H-Daily). • Suitable for Forex, Stocks, Crypto, Indices, and Commodities (XAUUSD, US30, BTCUSD, etc.). ✅ Customizable for Any Strategy: • Adjustable MPR thresholds, VWMO smoothing, and Fibonacci sensitivity. • Built-in alerts notify traders when trend conditions change. ⸻ How to Use It: 1️⃣ Enter trades when the meter turns Green (Strong Trend) and aligns with your strategy. 2️⃣ Avoid or exit trades when it turns Red (Reversal Risk) to prevent unnecessary losses. 3️⃣ Use Yellow as a caution zone – wait for confirmation before making a move. 4️⃣ Combine with breakout strategies or support/resistance setups for high-probability entries. ⸻ About TechnoBlooms TechnoBlooms is committed to developing high-precision trading indicators that enhance decision-making for traders across all markets. This tool is a result of our in-depth market research and algorithmic advancements to provide traders with an edge. 🚀 Upgrade your trading with the Ultimate Trend Strength Meter – Developed by TechnoBlooms! 🚀
Pine Script® indicator
by FebinKaderKA
TradZoo - EMA Crossover IndicatorDescription: This EMA Crossover Trading Strategy is designed to provide precise Buy and Sell signals with confirmation, defined targets, and stop-loss levels, ensuring strong risk management. Additionally, a 30-candle gap rule is implemented to avoid frequent signals and enhance trade accuracy. 📌 Strategy Logic ✅ Exponential Moving Averages (EMAs): Uses EMA 50 & EMA 200 for trend direction. Buy signals occur when price action confirms EMA crossovers. ✅ Entry Confirmation: Buy Signal: Occurs when either the current or previous candle touches the 200 EMA, and the next candle closes above the previous candle’s close. Sell Signal: Occurs when either the current or previous candle touches the 200 EMA, and the next candle closes below the previous candle’s close. ✅ 30-Candle Gap Rule: Prevents frequent entries by ensuring at least 30 candles pass before the next trade. Improves signal quality and prevents excessive trading. 🎯 Target & Stop-Loss Calculation ✅ Buy Position: Target: 2X the difference between the last candle’s close and the lowest low of the last 2 candles. Stop Loss: The lowest low of the last 2 candles. ✅ Sell Position: Target: 2X the difference between the last candle’s close and the highest high of the last 2 candles. Stop Loss: The highest high of the last 2 candles. 📊 Visual Features ✅ Buy & Sell Signals: Green Upward Arrow → Buy Signal Red Downward Arrow → Sell Signal ✅ Target Levels: Green Dotted Line: Buy Target Red Dotted Line: Sell Target ✅ Stop Loss Levels: Dark Red Solid Line: Stop Loss for Buy/Sell 💡 How to Use 🔹 Ideal for trend-following traders using EMAs. 🔹 Works best in volatile & trending markets (avoid sideways ranges). 🔹 Can be combined with RSI, MACD, or price action levels for added confluence. 🔹 Recommended timeframes: 1M, 5M, 15m, 1H, 4H, Daily (for best results). 🚀 Try this strategy and enhance your trading decisions with structured risk management!
Pine Script® indicator
by TradZoo
2
Quantum Moving Average - QMA (TechnoBlooms)The Quantum Moving Average (QMA) is an innovative and advanced Moving Average model designed for traders seeking a more adaptive and precise trend analysis. Unlike traditional moving averages, it integrates a multi-timeframe approach, dynamically selecting and weighting four different timeframes to provide traders with more accurate and reliable trend prediction. Key Features Multi-Timeframe averaging QMA calculates its value based on four different timeframes, offering a broader perspective on market trends. Dynamic Weighting Mechanism Unlike fixed weight Moving Averages, QMA assigns adaptive weightage to the selected timeframes, enhancing its responsiveness. Superior Trend Detection Provides a smoother and more reliable trend curve reducing noise or false signals. Enhanced Market Analysis QMA helps traders identify trend shifts earlier by incorporating multi-timeframe confluence.
Pine Script® indicator
by TechnoBlooms
17
Time of Day Background with Bar Count & TableDescription: This indicator provides a comprehensive overview of market activity by dynamically displaying the time-of-day background and tracking bullish and bearish bar counts across different sessions. It also features a table summarizing the market performance for the last 7 days, segmented into four time-based sessions: Morning, Afternoon, Evening, and Night. Key Features: Time of Day Background: The chart's background color changes based on the time of day: Evening (12 AM - 6 AM) is shaded blue. Morning (6 AM - 12 PM) is shaded aqua. Afternoon (12 PM - 6 PM) is shaded yellow. Night (6 PM - 12 AM) is shaded silver. Bullish and Bearish Bar Counting: It tracks the number of bullish (closing higher than opening) and bearish (closing lower than opening) candles. The sum of the price differences (bullish minus bearish) for each session is displayed as a dynamic label, indicating overall market direction for each session. Session Breakdown: The chart is divided into four sessions, each lasting 6 hours (Morning, Afternoon, Evening, Night). A new label is generated at the start of each session, indicating the bullish/bearish performance and the net difference in price movements for that session. Historical Session Performance: The indicator tracks and stores the performance for each session over the past 7 days. A table is generated in the top-right corner of the chart, summarizing the performance for each session (Morning, Afternoon, Evening, Night) and the price changes for each of the past 7 days. The values are color-coded to indicate positive (green) or negative (red) results. Dynamic Table: The table presents performance data for each time session over the past week with color-coded cells: Green cells indicate positive performance. Red cells indicate negative performance. Empty cells represent no data for that session. Use Case: This indicator is useful for traders who want to track market activity and performance across different times of day and monitor how each session contributes to the overall market trend. It provides both visual insights (through background color) and numerical data (via the table) for better decision-making. Settings: The background color and session labels update automatically based on the time of day. The table updates every day, tracking the performance of each session over the past week.
Pine Script® indicator
by VZ_94
Multi-Timeframe PSAR Indicator ver 1.0Enhance your trend analysis with the Multi-Timeframe Parabolic SAR (MTF PSAR) indicator! This powerful tool displays the Parabolic SAR (Stop and Reverse) from both the current chart's timeframe and a higher timeframe, all in one convenient view. Identify potential trend reversals and set dynamic trailing stops with greater confidence by understanding the broader market context. Key Features: Dual Timeframe Analysis: Simultaneously visualize the PSAR on your current chart and a user-defined higher timeframe (e.g., see the Daily PSAR while trading on the 1-hour chart). This helps you align your trades with the dominant trend. Customizable PSAR Settings: Fine-tune the PSAR calculation with adjustable Start, Increment, and Maximum values. Optimize the indicator's sensitivity to match your trading style and the volatility of the asset. Independent Timeframe Control: Choose to display either or both the current timeframe PSAR and the higher timeframe PSAR. Focus on the information most relevant to your analysis. Clear Visual Representation: Distinct colors for the current and higher timeframe PSAR dots make it easy to differentiate between the two. Quickly identify potential entry and exit points. Configurable Colors You can easily change colors of Current and HTF PSAR. Standard PSAR Logic: Uses the classic Parabolic SAR algorithm, providing a reliable and widely-understood trend-following indicator. lookahead=barmerge.lookahead_off used in the security function, there is no data leak or repainting. Benefits: Improved Trend Identification: Spot potential trend changes earlier by observing divergences between the current and higher timeframe PSAR. Enhanced Risk Management: Use the PSAR as a dynamic trailing stop-loss to protect profits and limit potential losses. Greater Trading Confidence: Make more informed decisions by considering the broader market trend. Reduced Chart Clutter: Avoid the need to switch between multiple charts to analyze different timeframes. Versatile Application: Suitable for various trading styles (swing trading, day trading, trend following) and markets (stocks, forex, crypto, etc.). How to Use: Add to Chart: Add the "Multi-Timeframe PSAR" indicator to your TradingView chart. Configure Settings: PSAR Settings: Adjust the Start, Increment, and Maximum values to control the PSAR's sensitivity. Multi-Timeframe Settings: Select the desired "Higher Timeframe PSAR" resolution (e.g., "D" for Daily). Enable or disable the display of the current and/or higher timeframe PSAR using the checkboxes. Interpret Signals: Current Timeframe PSAR: Dots below the price suggest an uptrend; dots above the price suggest a downtrend. Higher Timeframe PSAR: Provides context for the overall trend. Agreement between the current and higher timeframe PSAR strengthens the trend signal. Divergences may indicate potential reversals. Trade Management: Use PSAR dots as dynamic trailing stop. Example Use Cases: Confirming Trend Strength: A trader on a 1-hour chart sees the 1-hour PSAR flip bullish (dots below the price). They check the MTF PSAR and see that the Daily PSAR is also bullish, confirming the strength of the uptrend. Identifying Potential Reversals: A trader sees the current timeframe PSAR flip bearish, but the higher timeframe PSAR remains bullish. This divergence could signal a potential pullback within a larger uptrend, or a warning of a more significant reversal. Trailing Stops: A trader enters a long position and uses the current timeframe PSAR as a trailing stop, moving their stop-loss up as the PSAR dots rise. Disclaimer: The Parabolic SAR is a lagging indicator and may produce false signals, especially in ranging markets. It is recommended to use this indicator in conjunction with other technical analysis tools and risk management strategies. Past performance is not indicative of future results.
Pine Script® indicator
by fenyesk
ST_HTF_EMA### **ST_HTF_EMA – Higher Timeframe EMA Overlay** #### **Description:** The **ST_HTF_EMA** indicator plots a **21-period Exponential Moving Average (EMA)** from a **higher timeframe** onto the current chart. This allows traders to track key trend levels from a larger perspective while trading on a lower timeframe. #### **Features:** - **Customizable Timeframe:** The EMA is sourced from a user-defined timeframe (default: **5-minute**). - **EMA Calculation:** Uses the **21-period EMA** for smoothing price action and identifying trend direction. - **Envelope Bands (Optional):** A **0.75% envelope** can be toggled on to create upper and lower bands around the EMA for potential dynamic support/resistance zones. - **Overlay on Chart:** The EMA and envelope bands are plotted directly on the price chart for easy visibility. #### **How to Use:** - Use the **EMA as a trend guide**—price above the EMA suggests bullish momentum, while price below indicates bearish momentum. - Enable the **envelope bands** (if needed) to spot price deviations from the mean for possible reversal or continuation trades. #### **Customization:** - Modify the **timeframe** to adapt the EMA to different market structures. - Adjust the **envelope percentage** to fine-tune sensitivity. #### **Visuals:** - The **EMA is plotted in yellow** for clear visibility. - **Envelope bands (if enabled)** appear in yellow, with a subtle background highlight. This indicator is ideal for traders who rely on **higher timeframe trend confirmation** while making decisions on lower timeframes. 🚀
Pine Script® indicator
by raheemlegend
DTFX Algo Zones [SamuraiJack Mod]CME_MINI:NQ1! Credits This indicator is a modified version of an open-source tool originally developed by Lux Algo. I literally modded their indicator to create the DTFX Algo Zones version, incorporating additional features and refinements. Special thanks to Lux Algo for their original work and for providing the open-source code that made this development possible. Introduction DTFX Algo Zones is a technical analysis indicator designed to automatically identify key supply and demand zones on your chart using market structure and Fibonacci retracements. It helps traders spot high-probability reversal areas and important support/resistance levels at a glance. By detecting shifts in market structure (such as Break of Structure and Change of Character) and highlighting bullish or bearish zones dynamically, this tool provides an intuitive framework for planning trades. The goal is to save traders time and improve decision-making by focusing attention on the most critical price zones where market bias may confirm or reverse. Logic & Features • Market Structure Shift Detection (BOS & CHoCH): The indicator continuously monitors price swings and marks significant structure shifts. A Break of Structure (BOS) occurs when price breaks above a previous swing high or below a swing low, indicating a continuation of the current trend. A Change of Character (ChoCH) is detected when price breaks in the opposite direction of the prior trend, often signaling an early trend reversal. These moments are visually marked on the chart, serving as anchor points for new zones. By identifying BOS and ChoCH in real-time, the DTFX Algo Zones indicator ensures you’re aware of key trend changes as they happen. • Auto-Drawn Fibonacci Supply/Demand Zones: Upon a valid structure shift, the indicator plots a Fibonacci-based zone between the breakout point and the preceding swing high/low (the source of the move). This creates a shaded area or band of Fibonacci retracement levels (for example 38.2%, 50%, 61.8%, etc.) representing a potential support zone in an uptrend or resistance zone in a downtrend. These supply/demand zones are derived from the natural retracement of the breakout move, highlighting where price is likely to pull back. Each zone is essentially an auto-generated Fibonacci retracement region tied to a market structure event, which traders can use to anticipate where the next pullback or bounce might occur. • Dynamic Bullish and Bearish Zones: The DTFX Algo Zones indicator distinguishes bullish vs. bearish zones and updates them dynamically as new price action unfolds. Bullish zones (formed after bullish BOS/ChoCH) are typically highlighted in one color (e.g. green or blue) to indicate areas of demand/support where price may bounce upward. Bearish zones (formed after bearish BOS/ChoCH) are shown in another color (e.g. red/orange) to mark supply/resistance where price may stall or reverse downward. This color-coding and real-time updating allow traders to instantly recognize the market bias: for instance, a series of bullish zones implies an uptrend with multiple support levels on pullbacks, while consecutive bearish zones indicate a downtrend with resistance overhead. As old zones get invalidated or new ones appear, the chart remains current with the latest key levels, eliminating clutter from outdated levels. • Flexible Customization: The indicator comes with several options to tailor the zones to your trading style. You can filter which zones to display – for example, show only the most recent N zones or limit to only bullish or only bearish zones – helping declutter the chart and focus on recent, relevant levels. There are settings to control zone extension (how far into the future the zones are drawn) and to automatically invalidate zones once they’re no longer relevant (for instance, if price fully breaks through a zone or a new structure shift occurs that supersedes it). Additionally, the Fibonacci retracement levels within each zone are customizable: you can choose which retracement percentages to plot, adjust their colors or line styles, and decide whether to fill the zone area for visibility. This flexibility ensures the DTFX Algo Zones can be tuned for different markets and strategies, whether you want a clean minimalist look or detailed zones with multiple internal levels. Best Use Cases DTFX Algo Zones is a versatile indicator that can enhance various trading strategies. Some of its best use cases include: • Identifying High-Probability Reversal Zones: Each zone marks an area where price has a higher likelihood of stalling or reversing because it reflects a significant prior swing and Fibonacci retracement. Traders can watch these zones for entry opportunities when the market approaches them, as they often coincide with order block or strong supply/demand areas. This is especially useful for catching trend reversals or pullbacks at points where risk is lower and potential reward is higher. • Spotting Key Support and Resistance: The automatically drawn zones act as dynamic support (below price) and resistance (above price) levels. Instead of manually drawing Fibonacci retracements or support/resistance lines, you get an instant map of the key levels derived from recent price action. This helps in quickly identifying where the next bounce (support) or rejection (resistance) might occur. Swing traders and intraday traders alike can use these zones to set alerts or anticipate reaction areas as the market moves. • Trend-Following Entries: In a trending market, the indicator’s zones provide ideal areas to join the trend on pullbacks. For example, in an uptrend, when a new bullish zone is drawn after a BOS, it indicates a fresh demand zone – buying near the lower end of that zone on a pullback can offer a low-risk entry to ride the next leg up. Similarly, in a downtrend, selling rallies into the highlighted supply zones can position you in the direction of the prevailing trend. The zones effectively serve as a roadmap of the trend’s structure, allowing trend traders to buy dips and sell rallies with greater confidence. • Mean-Reversion and Range Trading: Even in choppy or range-bound markets, DTFX Algo Zones can help find mean-reversion trades. If price is oscillating sideways, the zones at extremes of the range might mark where momentum is shifting (ChoCH) and price could swing back toward the mean. A trader might fade an extended move when it reaches a strong zone, anticipating a reversion. Additionally, if multiple zones cluster in an area across time (creating a zone overlap), it often signifies a particularly robust support/resistance level ideal for range trading strategies. In all these use cases, the indicator’s ability to filter out noise and highlight structurally important levels means traders can focus on higher-probability setups and make more informed trading decisions. Strategy – Pullback Trading with DTFX Algo Zones One of the most effective ways to use the DTFX Algo Zones indicator is trading pullbacks in the direction of the trend. Below is a step-by-step strategy to capitalize on pullbacks using the zones, combining the indicator’s signals with sound price action analysis and risk management: 1. Identify a Market Structure Shift and Trend Bias: First, observe the chart for a recent BOS or ChoCH signal from the indicator. This will tell you the current trend bias. For instance, a bullish BOS/ChoCH means the market momentum has shifted upward (bullish bias), and a new demand zone will be drawn. A bearish structure break indicates downward momentum and creates a supply zone. Make sure the broader context supports the bias (e.g., if multiple higher timeframe zones are bullish, focus on long trades). 2. Wait for the Pullback into the Zone: Once a new zone appears, don’t chase the price immediately. Instead, wait for price to retrace back into that highlighted zone. Patience is key – let the market come to you. For a bullish setup, allow price to dip into the Fibonacci retracement zone (demand area); for a bearish setup, watch for a rally into the supply zone. Often, the middle of the zone (around the 50% retracement level) can be an optimal area where price might slow down and pivot, but it’s wise to observe price behavior across the entire zone. 3. Confirm the Entry with Price Action & Confluence: As price tests the zone, look for confirmation signals before entering the trade. This can include bullish reversal candlestick patterns (for longs) or bearish patterns (for shorts) such as engulfing candles, hammers/shooting stars, or doji indicating indecision turning to reversal. Additionally, incorporate confluence factors to strengthen the setup: for example, check if the zone overlaps with a key moving average, a round number price level, or an old support/resistance line from a higher timeframe. You might also use an oscillator (like RSI or Stochastic) to see if the pullback has reached oversold conditions in a bullish zone (or overbought in a bearish zone), suggesting a bounce is likely. The more factors aligning at the zone, the more confidence you can have in the trade. Only proceed with an entry once you see clear evidence of buyers defending a demand zone or sellers defending a supply zone. 4. Enter the Trade and Manage Risk: When you’re satisfied with the confirmation (e.g., price starts to react positively off a demand zone or shows rejection wicks in a supply zone), execute your entry in the direction of the original trend. Immediately set a stop-loss order to control risk: for a long trade, a common placement is just below the demand zone (a few ticks/pips under the swing low that formed the zone); for a short trade, place the stop just above the supply zone’s high. This way, if the zone fails and price continues beyond it, your loss is limited. Position size the trade so that this stop-loss distance corresponds to a risk you are comfortable with (for example, 1-2% of your trading capital). 5. Take Profit Strategically: Plan your take-profit targets in advance. A conservative approach is to target the origin of the move – for instance, in a long trade, you might take profit as price moves back up to the swing high (the 0% Fibonacci level of the zone) or the next significant zone or resistance level above. This often yields at least a 1:1 reward-to-risk ratio if you entered around mid-zone. More aggressive trend-following traders may leave a portion of the position running beyond the initial target, aiming for a larger move in line with the trend (for example, new higher highs in an uptrend). You can also trail your stop-loss upward behind new higher lows (for longs) or lower highs (for shorts) as the trend progresses, locking in profit while allowing for further gains. 6. Monitor Zone Invalidation: Even after entering, keep an eye on the behavior around the zone and any new zones that may form. If price fails to bounce and instead breaks decisively through the entire zone, respect that as an invalidation – the market may be signaling a deeper reversal or that the signal was false. In such a case, it’s better to exit early or stick to your stop-loss than to hold onto a losing position. The indicator will often mark or no longer highlight zones that have been invalidated by price, guiding you to shift focus to the next opportunity. Risk Management Tips: • Always use a stop-loss and don’t move it farther out in hope. Placing the stop just beyond the zone’s far end (the swing point) helps protect you if the pullback turns into a larger reversal. • Aim for a favorable risk-to-reward ratio. With pullback entries near the middle or far end of a zone, you can often achieve a reward that equals or exceeds your risk. For example, risking 20 pips to make 20+ pips (1:1 or better) is a prudent starting point. Adjust targets based on market structure – if the next resistance is 50 pips away, consider that upside against your risk. • Use confluence and context: Don’t take every zone signal in isolation. The highest probability trades come when the DTFX Algo Zone aligns with other analysis (trend direction, chart patterns, higher timeframe support/resistance, etc.). This filtered approach will reduce trades taken in weak zones or counter-trend traps. • Embrace patience and selectivity: Not all zones are equal. It can be wise to skip very narrow or insignificant zones and wait for those that form after a strong BOS/ChoCH (indicating a powerful move). Larger zones or zones formed during high-volume times tend to produce more reliable pullback opportunities. • Review and adapt: After each trade, note how price behaved around the zone. If you notice certain Fib levels (like 50% or 61.8%) within the zone consistently provide the best entries, you can refine your approach to focus on those. Similarly, adjust the indicator’s settings if needed – for example, if too many minor zones are cluttering your screen, limit to the last few or increase the structure length parameter to capture only more significant swings. ⸻ By combining the DTFX Algo Zones indicator with disciplined confirmation and risk management, traders can improve their timing on pullback entries and avoid chasing moves. This indicator shines in helping you trade what you see, not what you feel – the clearly marked zones and structure shifts keep you grounded in price action reality. Whether you’re a trend trader looking to buy the dip/sell the rally, or a reversal trader hunting for exhaustion points, DTFX Algo Zones provides a robust visual aid to elevate your trading decisions. Use it as a complementary tool in your analysis to stay on the right side of the market’s structure and enhance your trading performance.
Pine Script® indicator
by Supreme_Dreams
5
Triple Differential Moving Average BraidThe  Triple Differential Moving Average Braid  weaves together three distinct layers of moving averages—short-term, medium-term, and long-term—providing a structured view of market trends across multiple time horizons. It is an integrated construct optimized exclusively for the 1D timeframe. For multi-timeframe analysis and/or trading the lower 1h and 15m charts, it pairs well the  Granular Daily Moving Average Ribbon  ... adjust the visibility settings accordingly. Unlike traditional moving average indicators that use a single moving average crossover, this braid-style system incorporates both SMAs and EMAs. The dual-layer approach offers stability and responsiveness, allowing traders to detect trend shifts with greater confidence. Users can, of course, specify their own color scheme. The indicator consists of three layered moving average pairs. These are named per their default colors: 1. Silver Thread – Tracks immediate price momentum. 2. Royal Guard – Captures market structure and developing trends. 3. Golden Section – Defines major market cycles and overall trend direction. Each layer is color-coded and dynamically shaded based on whether the faster-moving average is above or below its slower counterpart, providing a visual representation of market strength and trend alignment. 🧵 Silver Thread The Silver Thread is the fastest-moving layer, comprising the 21D SMA and a 21D EMA. The choice of 21 is intentional, as it corresponds to approximately one full month of trading days in a 5-day-per-week market and is also a Fibonacci number, reinforcing its use in technical analysis. · The 21D SMA smooths out recent price action, offering a baseline for short-term structure. · The 21D EMA reacts more quickly to price changes, highlighting shifts in momentum. · When the SMA is above the EMA, price action remains stable. · When the SMA falls below the EMA, short-term momentum weakens. The Silver Thread is a leading indicator within the system, often flipping direction before the medium- and long-term layers follow suit. If the Silver Thread shifts bearish while the Royal Guard remains bullish, this can signal a temporary pullback rather than a full trend reversal. 👑 Royal Guard The Royal Guard provides a broader perspective on market momentum by using a 50D EMA and a 200D EMA. EMAs prioritize recent price data, making this layer faster-reacting than the Golden Section while still offering a level of stability. · When the 50D EMA is above the 200D EMA, the market is in a confirmed uptrend. · When the 50D EMA crosses below the 200D EMA, momentum has shifted bearish. This layer confirms medium-term trend structure and reacts more quickly to price changes than traditional SMAs, making it especially useful for trend-following traders who need faster confirmation than the Golden Section provides. If the Silver Thread flips bearish while the Royal Guard remains bullish, traders may be seeing a momentary dip in an otherwise intact uptrend. Conversely, if both the Silver Thread and Royal Guard shift bearish, this suggests a deeper pullback or possible trend reversal. 📜 Golden Section The Golden Section is the slowest and most stable layer of the system, utilizing a 50D SMA and a 200D SMA—a classic combination used by long-term traders and institutions. · When the 50D SMA is above the 200D SMA the market is in a strong, sustained uptrend. · When the 50D SMA falls below the 200D SMA the market is structurally bearish. Because SMAs give equal weight to past price data, this layer moves slowly and deliberately, ensuring that false breakouts or temporary swings do not distort the bigger picture. Traders can use the Golden Section to confirm major market trends—when all three layers are bullish, the market is strongly trending upward. If the Golden Section remains bullish while the Royal Guard turns bearish, this may indicate a medium-term correction within a larger uptrend rather than a full reversal. 🎯 Swing Trade Setups Swing traders can benefit from the multi-layered approach of this indicator by aligning their trades with the overall market structure while capturing short-term momentum shifts. · Bullish: Look for Silver Thread and Royal Guard alignment before entering. If the Silver Thread flips bullish first, anticipate a momentum shift. If the Royal Guard follows, this confirms a strong medium-term move. · Bearish: If the Silver Thread turns bearish first, it may signal an upcoming reversal. Waiting for the Royal Guard to follow adds confirmation. · Confirmation: If the Golden Section remains bullish, a pullback may be an opportunity to enter a trend continuation trade rather than exit prematurely. 🚨 Momentum Shifts · If the Silver Thread flips bearish but the Royal Guard remains bullish, traders may opt to buy the dip rather than exit their positions. · If both the Silver Thread and Royal Guard turn bearish, traders should exercise caution, as this suggests a more significant correction. · When all three layers align in the same direction the market is in a strong trending phase, making swing trades higher probability. ⚠️ Risk Management · A narrowing of the shaded areas suggests trend exhaustion—consider tightening stop losses. · When the Golden Section remains bullish, but the other two layers weaken, potential support zones to enter or re-enter positions. · If all three layers flip bearish, this may indicate a larger trend reversal, prompting an exit from long positions and/or consideration of short setups. The  Triple Differential Moving Average Braid  is layered, structured tool for trend analysis, offering insights across multiple timeframes without requiring traders to manually compare different moving averages. It provides a powerful and intuitive way to read the market. Swing traders, trend-followers, and position traders alike can use it to align their trades with dominant market trends, time pullbacks, and anticipate momentum shifts. By understanding how these three moving average layers interact, traders gain a deeper, more holistic perspective of market structure—one that adapts to both momentum-driven opportunities and longer-term trend positioning.
Pine Script® indicator
by TheLeadingIndicator
Inside Bars📌 Overview: This indicator scans for multiple inside bars during periods of consolidation by dynamically designating a “mother bar” and then marking subsequent bars that trade entirely within its range. It includes an optional doji filter on the most recent candle, helping to confirm indecision before potential breakouts. 🛠 Key Features: ✅ Dynamic Mother Bar Identification: The script selects a mother bar when the current bar’s range exceeds that of the previous bar. This bar sets the high and low boundaries, creating a reference zone for later price action. Once a mother bar is defined, subsequent candles that remain completely within its high and low are flagged as inside bars. ✅ Optional Doji Check: For added precision, an optional feature lets you verify that the most recent bar is a doji—a candle where the difference between the open and close is minimal relative to its total range. This additional filter highlights periods of market indecision, which can often precede strong directional moves. ⚡ Add this script to your chart and enhance your trading strategy! 🚀
Pine Script® indicator
by naved_iqbal
Dual RSI SmootherUltimator's Dual RSI Smoother Description: The Dual RSI Smoother is a momentum-based indicator that applies two smoothed and amplified RSI calculations to analyze potential trend reversals and overbought/oversold conditions. By utilizing two separate RSI lengths and smoothing parameters, this tool provides a refined view of price momentum and potential trading signals. Features: Dual RSI Calculation – Computes two RSI values with separate user-defined lengths. Smoothing & Amplification – Applies SMA-based smoothing and an amplification factor to enhance signal clarity. Dynamic Line Colors – Adjusts colors based on RSI interactions to visually highlight important conditions. Buy & Sell Signals – Displays buy dots when oversold conditions are detected and sell dots in overbought zones. How to Use: Buy Signals: Green dots appear when RSI conditions indicate an oversold market, suggesting a potential buying opportunity. Sell Signals: Red dots appear when RSI conditions indicate an overbought market, suggesting a potential selling opportunity. Trend Confirmation: The indicator’s smoothed RSI lines can help identify sustained trends when they diverge or cross. User Inputs: RSI Length 1 & 2: Adjusts the calculation periods for the two RSI values. Line Colors: Customizable colors for fast and slow RSI lines. Highlight Colors: Custom color for buy signal highlights. Buy & Sell Dot Colors: Customizable colors for buy and sell signal markers. Best Use Cases: Identifying early reversals in overbought/oversold market conditions. Confirming trend strength through smoothed RSI interactions. Enhancing trade entries by aligning buy/sell signals with other momentum indicators.
Pine Script® indicator
by TheUltimator5
3
Doji DetectorThis script is designed to detect Doji candlesticks, which are characterized by a small body compared to the overall candle range. The script identifies a Doji when: ✔ The body size is smaller than 10% of the total candle range, OR ✔ The body size is less than 3 pips. How It Works: The script calculates the body size of each candle (absolute difference between the open and close price). It then compares the body size with the total candle range (high - low). If the body size is smaller than 10% of the candle range or less than 3 pips, the script marks it as a Doji. How to Use It: Apply the script to your TradingView chart. It will highlight Doji candles automatically. Suitable for traders using price action analysis to identify potential market reversals or indecision zones. 🚀 Best suited for: Forex, Stocks, and Crypto markets. 🔔 Optional: You can modify the conditions to fit your trading strategy.
Pine Script® indicator
by pegah1999golpasandi
VSA Volume + Fibonacci (Volunacci)Overview This indicator combines Volume Spread Analysis (VSA) with Fibonacci levels to identify key price zones based on volume behavior. It helps traders determine potential support and resistance levels influenced by volume strength. How It Works Volume Calculation The indicator calculates volume levels based on the selected timeframe. It identifies high volume spikes and low volume dips, which are critical for detecting supply and demand shifts. It uses a simple moving average (SMA) of volume to smooth fluctuations. Fibonacci Levels Integration When a high-volume event is detected, the indicator records the highest high and lowest low of that candle. It then plots Fibonacci retracement and extension levels to highlight potential price reaction zones. Negative Fibonacci levels are included to identify possible deep retracements. Visual Features The indicator adapts to both light and dark themes for better visibility. Fibonacci lines are color-coded based on key retracement and extension levels. A table displaying key Fibonacci levels and their corresponding prices is provided for quick reference. Why Is This Indicator Useful? It helps traders spot accumulation and distribution phases by analyzing volume at key price points. The combination of VSA and Fibonacci allows traders to confirm trend strength and identify potential reversal points. Works well for trend-following strategies, scalping, and breakout trading. How to Use This Indicator? Use it to confirm breakouts or reversals at Fibonacci levels when volume supports the move. Watch for high-volume spikes near key Fibonacci zones—these can signal strong trend continuation or reversal. Use the displayed Fibonacci table to quickly assess price reaction levels. Credits This script was inspired by the Hidden Gap’s VSA Volume indicator by HPotter and has been enhanced by integrating Fibonacci-based analysis.
Pine Script® indicator
by tarekshaker1690
Market Structure MTF Trend [Pt]█ Author's Notes There are numerous market structure indicators in the TradingView library, each offering a unique approach to identifying price action shifts. Market Structure MTF Trend was created with simplicity and flexibility in mind—providing a highly customizable multi-timeframe setup, visually clear trendlines, and straightforward labeling. This combination helps both new and experienced traders easily spot and interpret market structure changes. █ Overview Market Structure MTF Trend is a powerful yet user-friendly indicator designed to identify and visualize key turning points in price action. It focuses on two core concepts: Change of Character (CHoCH): A momentary shift in the market’s behavior, signaling that the current price movement may be losing momentum and could soon reverse. Break of Structure (BoS): A more definitive event confirming a new price pattern, where the market establishes a fresh trend direction by surpassing previous swing highs or lows. By combining these signals across up to four different timeframes, even traders unfamiliar with market structure can quickly learn to spot and validate potential trend reversals or continuations. █ Key Features Multi-Timeframe Analysis: Monitors CHoCH and BoS events simultaneously on multiple intervals (e.g., 15m, 30m, 60m, 240m), providing a clear, layered understanding of market dynamics. Straightforward Visual Cues: Labels are placed directly on the chart at swing highs and lows, while colored bars at the bottom give an instant snapshot of whether each timeframe is bullish or bearish. Configurable Timeframes & Pivot Strength: Easily set up the desired intervals and adjust pivot strength to tune how sensitive the indicator is to minor price fluctuations. Color-Coded Signals: Different colors help you distinguish between potential early reversals (CHoCH) and confirmed shifts (BoS), ensuring each signal’s importance is immediately clear. █ Usage & Benefits Learn Market Structure Basics: For those new to swing highs/lows, CHoCH, and BoS, the script’s on-chart labels and dynamic bar coloring provide a practical, visual way to grasp these concepts. Spot Reversals Early: CHoCH alerts you to possible shifts in momentum, allowing you to anticipate trend changes before they fully develop. Confirm Trend Breaks: BoS events confirm that the market has established a new directional bias, reinforcing higher‐probability entry or exit points. Reduce Noise & Stay Focused: The multi-timeframe setup ensures you won’t overlook larger trends or get lost in smaller fluctuations. Streamline Decision-Making: Color-coded bars let you gauge overall market sentiment at a glance—ideal for quickly validating trades without juggling multiple charts. Market Structure MTF Trend is perfect for traders who want to learn or refine their understanding of price action. By integrating multiple timeframes into a single, cohesive interface, this tool highlights both subtle shifts and confirmed breaks in market structure, empowering you to trade with greater insight and confidence.
Pine Script® indicator
by PtGambler
MTF TTM Squeeze ProOverview The MTF TTM Squeeze Pro indicator helps traders identify market compression (squeeze) conditions and analyze momentum across multiple timeframes. It is based on the TTM Squeeze concept, which uses Bollinger Bands and Keltner Channels to detect price consolidation periods that often precede strong breakouts. This script enhances the standard TTM Squeeze by providing a multi-timeframe view, allowing traders to assess market conditions across intraday, daily, and weekly charts simultaneously. ⸻ How It Works 1. Squeeze Detection using Bollinger Bands & Keltner Channels • High Compression Squeeze (Orange): Strongest squeeze, indicating extreme consolidation. • Medium Compression Squeeze (Red): Moderate squeeze, potential breakout setup. • Low Compression Squeeze (Black): Mild squeeze, possible momentum shift. • No Squeeze (Green): Market is trending, no consolidation detected. 2. Momentum Analysis The script features a custom linear regression momentum oscillator to gauge market direction: • Positive rising momentum (Aqua) suggests bullish acceleration. • Positive falling momentum (Blue) indicates slowing bullish momentum. • Negative rising momentum (Red) signals bearish weakening. • Negative falling momentum (Yellow) represents strengthening bearish momentum. 3. Multi-Timeframe Display The indicator provides a table panel showing squeeze conditions and momentum colors for: ✅ 15m, 30m, 55m, 78m, 195m, Daily (D), and Weekly (W) timeframes. This makes it easier to spot confluences across different periods, helping traders align their entries with larger trends. ⸻ How to Use ✔️ Look for a high compression squeeze (orange dots) as potential breakout zones. ✔️ Check if momentum colors are aligned across multiple timeframes to confirm direction. ✔️ Trade in the direction of momentum once the squeeze is released. Best Used For: 📈 Swing Trading – Identify multi-day setups using the D/W squeeze signals. 📉 Intraday Trading – Use 15m-78m signals for faster entries and exits. ⸻ Credits & Open-Source Compliance This script is inspired by the original TTM Squeeze Pro and based on open-source contributions from the TradingView community. Significant modifications include: ✔️ Improved multi-timeframe data request for momentum & squeeze. ✔️ Enhanced visual display with a compact and informative table panel. ✔️ Added detailed documentation for better usability. 📌 Original Source: TradingView Script by Beardy_Fred ⸻ Final Notes ✅ Designed for stocks, forex, and crypto. ✅ Fully customizable squeeze & momentum settings. Enjoy trading, and may the squeeze be with you! 🚀
Pine Script® indicator
by Nova75
SuperTrend Bar Counter - DolphinTradeBot OVERVIEW This indicator calculates the lengths of upward and downward trends based on the specified SuperTrend settings and timeframe. It then takes the average length of the entered number of swings and compares the current trend durations with these averages. The main goal is to anticipate potential reversals in advance. HOW IS IT WORK ? The indicator actually contains two different but conceptually similar metrics. The first part; shows how long the Supertrend stays in an upward or downward trend in real time. Additionally, it analyzes how close the current value is to the average of the Supertrend bar count for the given input. The second part; aims to provide a different perspective on general trend analysis. It calculates the average duration of upward and downward trends in bars based on the SuperTrend indicator settings within a specified period and timeframe. If, contrary to expectations, downward trends last longer than upward trends, the background is colored green, indicating a prediction that the trend will continue upward. Explanation of the second part logic: As you know, moving averages or similar approaches that follow the price are often correct when looking back retrospectively, but they cannot serve as leading indicators in real-time trading.That's why, when performing trend analysis, I wanted to introduce a completely different perspective based on price movement, yet still grounded in price action itself. This phenomenon is partly due to the nature of the SuperTrend itself. After strong price movements, SuperTrend tends to reverse direction much more quickly during pullbacks. Following a strong upward move, a downward trend is detected much earlier and tends to last longer. The indicator provides an alternative perspective by analyzing which directional movement occurs more rapidly and uses this insight for trend prediction. HOW TO USE ? It can be used to identify potential price reversals or to assess whether the price is generally cheap or expensive. In the settings section, you can adjust the SuperTrend parameters and timeframes for the values displayed in the table. In the second part, you can configure the values used for general trend analysis. NOTE Things to be aware of: As the chart's timeframe decreases, pulling data from higher timeframes becomes more difficult. For example, when the chart is set to a 5-minute timeframe, it may fail to retrieve swing periods from the daily timeframe. Similarly, on a 4-hour chart, when calculating the average swing, there might be enough data for only 5 periods instead of 20. Please keep in mind that this indicator was created solely to provide an idea. It should only be considered as a perspective or a supporting tool that influences your decision by no more than 5% at most.
Pine Script® indicator
by DolphinTradeBot
Mogwai Method with RSI and EMA - BTCUSD 15mThis is a custom TradingView indicator designed for trading Bitcoin (BTCUSD) on a 15-minute timeframe. It’s based on the Mogwai Method—a mean-reversion strategy—enhanced with the Relative Strength Index (RSI) for momentum confirmation. The indicator generates buy and sell signals, visualized as green and red triangle arrows on the chart, to help identify potential entry and exit points in the volatile cryptocurrency market. Components Bollinger Bands (BB): Purpose: Identifies overextended price movements, signaling potential reversions to the mean. Parameters: Length: 20 periods (standard for mean-reversion). Multiplier: 2.2 (slightly wider than the default 2.0 to suit BTCUSD’s volatility). Role: Buy signal when price drops below the lower band (oversold). Sell signal when price rises above the upper band (overbought). Relative Strength Index (RSI): Purpose: Confirms momentum to filter out false signals from Bollinger Bands. Parameters: Length: 14 periods (classic setting, effective for crypto). Overbought Level: 70 (price may be overextended upward). Oversold Level: 30 (price may be overextended downward). Role: Buy signal requires RSI < 30 (oversold). Sell signal requires RSI > 70 (overbought). Exponential Moving Averages (EMAs) (Plotted but not currently in signal logic): Purpose: Provides trend context (included in the script for visualization, optional for signal filtering). Parameters: Fast EMA: 9 periods (short-term trend). Slow EMA: 50 periods (longer-term trend). Role: Can be re-added to filter signals (e.g., buy only when Fast EMA > Slow EMA). Signals (Triangles): Buy Signal: Green upward triangle below the bar when price is below the lower Bollinger Band and RSI is below 30. Sell Signal: Red downward triangle above the bar when price is above the upper Bollinger Band and RSI is above 70. How It Works The indicator combines Bollinger Bands and RSI to spot mean-reversion opportunities: Buy Condition: Price breaks below the lower Bollinger Band (indicating oversold conditions), and RSI confirms this with a reading below 30. Sell Condition: Price breaks above the upper Bollinger Band (indicating overbought conditions), and RSI confirms this with a reading above 70. The strategy assumes that extreme price movements in BTCUSD will often revert to the mean, especially in choppy or ranging markets. Visual Elements Green Upward Triangles: Appear below the candlestick to indicate a buy signal. Red Downward Triangles: Appear above the candlestick to indicate a sell signal. Bollinger Bands: Gray lines (upper, middle, lower) plotted for reference. EMAs: Blue (Fast) and Orange (Slow) lines for trend visualization. How to Use the Indicator Setup Open TradingView: Log into TradingView and select a BTCUSD chart from a supported exchange (e.g., Binance, Coinbase, Bitfinex). Set Timeframe: Switch the chart to a 15-minute timeframe (15m). Add the Indicator: Open the Pine Editor (bottom panel in TradingView). Copy and paste the script provided. Click “Add to Chart” to apply it. Verify Display: You should see Bollinger Bands (gray), Fast EMA (blue), Slow EMA (orange), and buy/sell triangles when conditions are met. Trading Guidelines Buy Signal (Green Triangle Below Bar): What It Means: Price is oversold, potentially ready to bounce back toward the Bollinger Band middle line. Action: Enter a long position (buy BTCUSD). Set a take-profit near the middle Bollinger Band (bb_middle) or a resistance level. Place a stop-loss 1-2% below the entry (or based on ATR, e.g., ta.atr(14) * 2). Best Context: Works well in ranging markets; avoid during strong downtrends. Sell Signal (Red Triangle Above Bar): What It Means: Price is overbought, potentially ready to drop back toward the middle line. Action: Enter a short position (sell BTCUSD) or exit a long position. Set a take-profit near the middle Bollinger Band or a support level. Place a stop-loss 1-2% above the entry. Best Context: Effective in ranging markets; avoid during strong uptrends. Trend Filter (Optional): To reduce false signals in trending markets, you can modify the script: Add and ema_fast > ema_slow to the buy condition (only buy in uptrends). Add and ema_fast < ema_slow to the sell condition (only sell in downtrends). Check the Fast EMA (blue) vs. Slow EMA (orange) alignment visually. Tips for BTCUSD on 15-Minute Charts Volatility: BTCUSD can be erratic. If signals are too frequent, increase bb_mult (e.g., to 2.5) or adjust RSI levels (e.g., 75/25). Confirmation: Use volume spikes or candlestick patterns (e.g., doji, engulfing) to confirm signals. Time of Day: Mean-reversion works best during low-volume periods (e.g., Asian session in crypto). Backtesting: Use TradingView’s Strategy Tester (convert to a strategy by adding entry/exit logic) to evaluate performance with historical BTCUSD data up to March 13, 2025. Risk Management Position Size: Risk no more than 1-2% of your account per trade. Stop Losses: Always use stops to protect against BTCUSD’s sudden moves. Avoid Overtrading: Wait for clear signals; don’t force trades in choppy or unclear conditions. Example Scenario Chart: BTCUSD, 15-minute timeframe. Buy Signal: Price drops to $58,000, below the lower Bollinger Band, RSI at 28. A green triangle appears. Action: Buy at $58,000, target $59,000 (middle BB), stop at $57,500. Sell Signal: Price rises to $60,500, above the upper Bollinger Band, RSI at 72. A red triangle appears. Action: Sell at $60,500, target $59,500 (middle BB), stop at $61,000. This indicator is tailored for mean-reversion trading on BTCUSD. Let me know if you’d like to tweak it further (e.g., add filters, alerts, or alternative indicators)!
Pine Script® indicator
by Crypto_wheels