Get started

Indicators and strategies

Zonas de Soporte EURUSD Multi-Timeframe//@version=5 indicator("Zonas de Soporte EURUSD Multi-Timeframe", overlay=true) // Configuraciones lookback = input.int(200, "Velas a analizar", minval=50) tolerance = input.float(0.5, "Tolerancia %", minval=0.1) touchesMin = input.int(3, "Toques mínimos para validar soporte", minval=2) // Función para encontrar zonas de soporte f_findSupportZones(_low, _label) => var float zones = na var int found = 0 for i = 0 to lookback - 1 float base = _low int touches = 0 for j = i + 1 to lookback - 1 if math.abs(_low - base) <= base * (tolerance / 100) touches := touches + 1 if touches >= touchesMin label.new(bar_index , base, text="Zona " + _label + " " + str.tostring(base, format.mintick), style=label.style_label_up, color=color.green, textcolor=color.white, size=size.small) found := found + 1 found // Múltiples temporalidades low_h1 = request.security("EURUSD", "60", low) low_h4 = request.security("EURUSD", "240", low) low_d1 = request.security("EURUSD", "D", low) low_w1 = request.security("EURUSD", "W", low) low_mn1 = request.security("EURUSD", "M", low) // Llamadas a la función zonesH1 = f_findSupportZones(low_h1, "H1") zonesH4 = f_findSupportZones(low_h4, "H4") zonesD1 = f_findSupportZones(low_d1, "D1") zonesW1 = f_findSupportZones(low_w1, "W1") zonesMN1 = f_findSupportZones(low_mn1, "MN1") // Reporte if bar_index % 50 == 0 label.new(bar_index, high, text="Reporte Zonas Soporte H1: "+str.tostring(zonesH1)+" H4: "+str.tostring(zonesH4)+" D1: "+str.tostring(zonesD1)+" W1: "+str.tostring(zonesW1)+" MN1: "+str.tostring(zonesMN1), style=label.style_label_down, yloc=yloc.abovebar, size=size.normal, textcolor=color.black, color=color.new(color.white, 80))
Pine Script® indicator
by Escalando
Momentum SNR VIP [INDICATOR ONLY]//@version=6 indicator("Momentum SNR VIP ", overlay=true) // === Inputs === lookback = input.int(20, "Lookback for S/R", minval=5) rr_ratio = input.float(2.0, "Risk-Reward Ratio", minval=0.5, step=0.1) // === SNR Detection === pivotHigh = ta.pivothigh(high, lookback, lookback) pivotLow = ta.pivotlow(low, lookback, lookback) supportZone = not na(pivotLow) resistanceZone = not na(pivotHigh) plotshape(supportZone, title="Support", location=location.belowbar, color=color.blue, style=shape.triangleup, size=size.tiny) plotshape(resistanceZone, title="Resistance", location=location.abovebar, color=color.red, style=shape.triangledown, size=size.tiny) // === Price Action === bullishEngulfing = close < open and close > open and close > open and open <= close bearishEngulfing = close > open and close < open and close < open and open >= close bullishPinBar = close < open and (low - math.min(open, close)) > 1.5 * math.abs(close - open) bearishPinBar = close > open and (high - math.max(open, close)) > 1.5 * math.abs(close - open) buySignal = supportZone and (bullishEngulfing or bullishPinBar) sellSignal = resistanceZone and (bearishEngulfing or bearishPinBar) // === SL & TP === buySL = low - 10 buyTP = close + (close - buySL) * rr_ratio sellSL = high + 10 sellTP = close - (sellSL - close) * rr_ratio // === Plot Signals plotshape(buySignal, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY") plotshape(sellSignal, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL") plot(buySignal ? buySL : na, title="Buy SL", color=color.red, style=plot.style_linebr, linewidth=1) plot(buySignal ? buyTP : na, title="Buy TP", color=color.green, style=plot.style_linebr, linewidth=1) plot(sellSignal ? sellSL : na, title="Sell SL", color=color.red, style=plot.style_linebr, linewidth=1) plot(sellSignal ? sellTP : na, title="Sell TP", color=color.green, style=plot.style_linebr, linewidth=1) // === Labels (Fixed) if buySignal label.new(x=bar_index, y=buySL, text="SL : " + str.tostring(buySL, "#.00"), style=label.style_label_down, color=color.red, textcolor=color.white) label.new(x=bar_index, y=buyTP, text="TP 1 : " + str.tostring(buyTP, "#.00"), style=label.style_label_up, color=color.green, textcolor=color.white) if sellSignal label.new(x=bar_index, y=sellSL, text="SL : " + str.tostring(sellSL, "#.00"), style=label.style_label_up, color=color.red, textcolor=color.white) label.new(x=bar_index, y=sellTP, text="TP 1 : " + str.tostring(sellTP, "#.00"), style=label.style_label_down, color=color.green, textcolor=color.white) // === Alerts alertcondition(buySignal, title="Buy Alert", message="🟢 BUY at Support Zone + Price Action") alertcondition(sellSignal, title="Sell Alert", message="🟡 SELL at Resistance Zone + Price Action")
Pine Script® indicator
by shakalss7
Repeating Trend HighlighterThis custom indicator helps you see when the current price trend is similar to a past trend over the same number of candles. Think of it like checking whether the market is repeating itself. You choose three settings: • Lookback Period: This is how many candles you want to measure. For example, if you set it to 10, it looks at the price change over the last 10 bars. • Offset Bars Ago: This tells the indicator how far back in time to look for a similar move. If you set it to 50, it compares the current move to what happened 50 bars earlier. • Tolerance (%): This is how closely the moves must match to be considered similar. A smaller number means you only get a signal if the moves are almost the same, while a larger number allows more flexibility. When the current price move is close enough to the past move you picked, the background of your chart turns light green. This makes it easy to spot repeating trends without studying numbers manually. You’ll also see two lines under your chart if you enable them: a blue line showing the percentage change of the current move and an orange line showing the change in the past move. These help you compare visually. This tool is useful in several ways. You can use it to confirm your trading setups, for example if you suspect that a strong rally or pullback is happening again. You can also use it to filter trades by combining it with other indicators, so you only enter when trends repeat. Many traders use it as a learning tool, experimenting with different lookback periods and offsets to understand how often similar moves happen. If you are a scalper working on short timeframes, you can set the lookback to a small number like 3–5 bars. Swing traders who prefer daily or weekly charts might use longer lookbacks like 20–30 bars. Keep in mind that this indicator doesn’t guarantee price will move the same way again—it only shows similarity in how price changed over time. It works best when you use it together with other signals or market context. In short, it’s like having a simple spotlight that tells you: “This move looks a lot like what happened before.” You can then decide if you want to act on that information. If you’d like, I can help you tweak the settings or combine it with alerts so it notifies you when these patterns appear.
Pine Script® indicator
by SupertradeOfficial
H IchimokuIchimoku Kinko Hyo (commonly called the Ichimoku Cloud) is a comprehensive technical analysis indicator developed by Japanese journalist Goichi Hosoda in the 1960s. Its name translates to “one glance equilibrium chart,” reflecting the tool’s purpose: to provide a quick, holistic view of market trend, momentum, and support/resistance levels. The Ichimoku Cloud consists of five main components: Tenkan-sen (Conversion Line): The average of the highest high and lowest low over the past 9 periods. Kijun-sen (Base Line): The average of the highest high and lowest low over the past 26 periods. Senkou Span A (Leading Span A): The average of the Tenkan-sen and Kijun-sen, plotted 26 periods ahead. Senkou Span B (Leading Span B): The average of the highest high and lowest low over the past 52 periods, plotted 26 periods ahead. Chikou Span (Lagging Span): The current closing price plotted 26 periods back. The area between Senkou Span A and B forms the “cloud” (Kumo), which visually highlights key support and resistance zones. Prices above the cloud indicate an uptrend, below the cloud a downtrend, and within the cloud a consolidating or neutral market. Ichimoku is valued for its ability to provide a broad, forward-looking perspective on price action, helping traders identify trends, momentum, and potential reversal points at a glance.
Pine Script® indicator
by qrdkob
EMA Shadow Trading_TixThis TradingView indicator, named "EMA Shadow Trading_Tix", combines Exponential Moving Averages (EMAs) with VWAP (Volume-Weighted Average Price) and a shadow fill between EMAs to help traders identify trends, momentum, and potential reversal zones. Below is a breakdown of its key functions: 1. EMA (Exponential Moving Average) Settings The indicator allows customization of four EMAs with different lengths and colors: EMA 1 (Default: 9, Green) – Short-term trend filter. EMA 2 (Default: 21, Red) – Medium-term trend filter. EMA 3 (Default: 50, Blue) – Mid-to-long-term trend filter. EMA 4 (Default: 200, Orange) – Long-term trend filter (often used as a "bull/bear market" indicator). Key Features: Global EMA Source: All EMAs use the same source (default: close), ensuring consistency. Toggle Visibility: Each EMA can be independently shown/hidden. Precision Calculation: EMAs are rounded to the minimum tick size for accuracy. Customizable Colors & Widths: Helps in distinguishing different EMAs easily. How Traders Use EMAs: Trend Identification: If price is above all EMAs, the trend is bullish. If price is below all EMAs, the trend is bearish. Crossovers: A shorter EMA crossing above a longer EMA (e.g., EMA 9 > EMA 21) suggests bullish momentum. A shorter EMA crossing below a longer EMA (e.g., EMA 9 < EMA 21) suggests bearish momentum. Dynamic Support/Resistance: EMAs often act as support in uptrends and resistance in downtrends. 2. Shadow Fill Between EMA 1 & EMA 2 The indicator includes a colored fill (shadow) between EMA 1 (9-period) and EMA 2 (21-period) to enhance trend visualization. How It Works: Bullish Shadow (Green): Applies when EMA 1 > EMA 2, indicating a bullish trend. Bearish Shadow (Red): Applies when EMA 1 < EMA 2, indicating a bearish trend. Why It’s Useful: Trend Confirmation: The shadow helps traders quickly assess whether the short-term trend is bullish or bearish. Visual Clarity: The fill makes it easier to spot EMA crossovers and trend shifts. 3. VWAP (Volume-Weighted Average Price) Integration The indicator includes an optional VWAP overlay, which is useful for intraday traders. Key Features: Customizable Anchor Periods: Options include Session, Week, Month, Quarter, Year, Decade, Century, Earnings, Dividends, Splits. Hide on Higher Timeframes: Can be disabled on 1D or higher charts to avoid clutter. Adjustable Color & Width: Default is purple, but users can change it. How Traders Use VWAP: Mean Reversion: Price tends to revert to VWAP. Trend Confirmation: Price above VWAP = Bullish bias. Price below VWAP = Bearish bias. Breakout/Rejection Signals: Strong moves away from VWAP may indicate continuation or exhaustion. 4. Practical Trading Applications Trend-Following Strategy: Long Entry: Price above all EMAs + EMA 1 > EMA 2 (green shadow). Optional: Price above VWAP for intraday trades. Short Entry: Price below all EMAs + EMA 1 < EMA 2 (red shadow). Optional: Price below VWAP for intraday trades. Mean Reversion Strategy: Pullback to EMA 9/21/VWAP: Look for bounces near EMAs or VWAP in a strong trend. Multi-Timeframe Confirmation: Higher timeframe EMAs (50, 200) can be used to filter trades (e.g., only trade longs if price is above EMA 200). Conclusion This EMA Shadow Trading Indicator is a versatile tool that combines: ✔ Multiple EMAs for trend analysis ✔ Shadow fill for quick trend visualization ✔ VWAP integration for intraday trading It is useful for swing traders, day traders, and investors looking for trend confirmation, momentum shifts, and dynamic support/resistance levels.
Pine Script® indicator
by D_Sedici
Volatility Flow X | Dual Trend Strategy [VWMA+SMA+ADX]📌 Strategy Title Volatility Flow X | Dual Trend Strategy 🧾 Description 🚀 Strategy Overview Volatility Flow X is a dual-directional trading strategy that combines Volume-Weighted MA (VWMA) for momentum, Simple MA (SMA) for trend direction, ADX for trend strength filtering, and ATR-based volatility cloud for dynamic support/resistance zones. It is designed specifically for high-volatility assets like BTC/USD on intraday timeframes such as 15 min, 30 min, and 1 hour — offering both breakout and trend-following opportunities. 🔬 Technical Components and Sources 1. VWMA (Volume-Weighted Moving Average) Captures volume-weighted momentum shifts. 📚 Kirkpatrick & Dahlquist (2010) — “Technical Analysis” 2. SMA (Simple Moving Average) Used as a baseline trend direction validator. 📚 Ernie Chan — “Algorithmic Trading” (2013) 3. ADX (Average Directional Index) Filters out low-conviction signals based on trend strength. 📚 J. Welles Wilder (1978) — ADX in directional movement systems 4. ATR Cloud (Volatility Envelope) Creates upper and lower dynamic bands using ATR to visualize trend pressure. 📚 Zunino et al. (2017) — Fractal volatility behavior in Bitcoin markets 🧠 Key Features ✅ 3 configurable Long signal modes ✅ 3 configurable Short signal modes ✅ Manually switchable signals for flexibility ✅ Auto-calculated TP/SL using ATR and risk/reward ratio ✅ ADX filter to avoid choppy trends ✅ Visual cloud overlay for support/resistance ✅ Suitable for scalping and short-term swing trading ⚙️ Recommended Settings (for BTC/USDT – 30min) VWMA Length = 18 SMA Length = 50 ATR Length = 14, Multiplier = 2.5 Risk-Reward Ratio = 1.5 ADX Length = 14, Threshold = 18, Lookback = 4 ⚠️ Disclaimer This strategy is not financial advice. Please backtest and understand the risks before using it in live markets.
Pine Script® strategy
by ALCIVOOO
Alım Algoritması (EMA + RSI + MACD + ATR + Pozisyon Takibi)//@version=5 indicator("Alım Algoritması (EMA + RSI + MACD + ATR + Pozisyon Takibi)", overlay=true) // === INPUTS === ema1_len = input.int(21, title="EMA 1") ema2_len = input.int(50, title="EMA 2") ema3_len = input.int(100, title="EMA 3") rsi_len = input.int(14, title="RSI Length") atr_len = input.int(14, title="ATR Length") macd_fast = input.int(12, title="MACD Fast") macd_slow = input.int(26, title="MACD Slow") macd_signal = input.int(9, title="MACD Signal") max_distance_pct = input.float(5.0, title="Max EMA Distance %", step=0.1) // === CALCULATIONS === ema1 = ta.ema(close, ema1_len) ema2 = ta.ema(close, ema2_len) ema3 = ta.ema(close, ema3_len) avg_ema = (ema1 + ema2 + ema3) / 3 distance_pct = math.abs(close - avg_ema) / avg_ema * 100 ema_near = distance_pct <= max_distance_pct basis = ta.sma(close, 20) dev = ta.stdev(close, 20) upper = basis + 2 * dev lower = basis - 2 * dev width = (upper - lower) / basis is_range = width < 0.12 // %5'ten dar bant rsi = ta.rsi(close, rsi_len) rsi_trend = ta.sma(rsi, 5) rsi_up = rsi > rsi_trend = ta.macd(close, macd_fast, macd_slow, macd_signal) ema1_cross = ta.crossover(close, ema1) or ta.crossover(close, ema2) or ta.crossover(close, ema3) ema_recent_cross = ta.barssince(ema1_cross) < 5 // === BUY SIGNAL === //buy_signal = ema_near and ema_recent_cross and // macdLine > signalLine and hist > 0 and // rsi > 45 and rsi < 65 and rsi_up buy_signal = not is_range and ema_near and ema_recent_cross and macdLine > signalLine and hist > 0 and rsi > 45 and rsi < 65 and rsi_up //buy_signal = not is_range and ema_near and ema_recent_cross and // macdLine > signalLine and hist > 0 and // rsi > 45 and rsi < 65 and rsi_up // === POSITION LOGIC === var bool in_position = false var float entry_price = na var float stop_loss = na var float take_profit_1 = na var float take_profit_2 = na atr = ta.atr(atr_len) // Koşullar new_buy = buy_signal and not in_position // SL ve TP seviyeleri hesaplama new_sl = close - 1.5 * atr new_tp1 = close + 2.0 * atr new_tp2 = close + 3.5 * atr // Pozisyon açma if new_buy in_position := true entry_price := close stop_loss := new_sl take_profit_1 := new_tp1 take_profit_2 := new_tp2 label.new(bar_index, low, "BUY", style=label.style_label_up, color=color.green, textcolor=color.white) sl_hit = in_position and low <= stop_loss tp1_hit = in_position and high >= take_profit_1 tp2_hit = in_position and high >= take_profit_2 // Pozisyon kapama sinyali if sl_hit in_position := false //label.new(bar_index, low, "SL", style=label.style_label_down, color=color.red, textcolor=color.white) if tp2_hit in_position := false //label.new(bar_index, high, "TP2", style=label.style_label_down, color=color.rgb(209, 34, 222), textcolor=color.white) else if tp1_hit in_position := false //label.new(bar_index, high, "TP1", style=label.style_label_down, color=color.rgb(209, 34, 222), textcolor=color.white) // === PLOT === // Sadece BUY, SL ve TP seviyeleri çizilir plot(in_position ? stop_loss : na, title="Stop Loss", color=color.red, style=plot.style_linebr) //plot(in_position ? take_profit_1 : na, title="TP1", color=color.rgb(209, 34, 222), style=plot.style_linebr) //plot(in_position ? take_profit_2 : na, title="TP2", color=color.rgb(209, 34, 222), style=plot.style_linebr)
Pine Script® indicator
by fuatcakir9
MACD Trend StatusOverview: The Dynamic MACD Trend Status indicator is a sophisticated yet easy-to-interpret tool designed to provide instant, color-coded insights into the current MACD momentum and trend strength directly on your chart. Unlike traditional MACD indicators that clutter your main price panel, this indicator distills complex MACD calculations into a single, prominent text label, ideal for quick confirmations and fast-paced trading. It features two distinct logic modes, allowing you to customize its sensitivity and confirmation level, making it adaptable to various market conditions and trading styles. Key Features & How It Works: Two Selectable Logic Modes: This indicator offers a unique dropdown setting (Logic Selection) to switch between two powerful MACD interpretation algorithms: a) Option 3 (Robust) - (Default) This is the most stringent and reliable mode, designed to filter out market noise and highlight only strong, accelerating trends. It declares a "Bullish" or "Bearish" status when ALL of the following conditions are met: Bullish: MACD Line is above Signal Line AND MACD Histogram is positive AND MACD Histogram is increasing (momentum is accelerating) AND both MACD Line and Signal Line are above the Zero Line (confirming an overall uptrend). Bearish: MACD Line is below Signal Line AND MACD Histogram is negative AND MACD Histogram is decreasing (momentum is accelerating) AND both MACD Line and Signal Line are below the Zero Line (confirming an overall downtrend). Neutral: If none of the above strong conditions are met, indicating sideways movement, weakening momentum, or a transition phase. b) Option 4 (Simplified + Enhanced) This mode offers a more responsive signal while still providing a clear distinction for exceptionally strong moves. It determines status based on: "MACD Bullish +" (Super Bullish): If all the rigorous conditions of "Option 3 (Robust) - Bullish" are met. This provides an immediate visual cue of extreme bullish strength within the simpler logic. "MACD Bearish +" (Super Bearish): If all the rigorous conditions of "Option 3 (Robust) - Bearish" are met. This highlights exceptional bearish strength. "MACD Bullish": MACD Line is above Signal Line AND MACD Histogram is positive (basic bullish momentum). "MACD Bearish": MACD Line is below Signal Line AND MACD Histogram is negative (basic bearish momentum). "MACD Neutral": If none of the above conditions are met. Instant Color-Coded Status: The indicator provides clear visual feedback through dynamic text colors: Green: "MACD Bullish" (Standard Bullish) Red: "MACD Bearish" (Standard Bearish) Gray: "MACD Neutral" (Choppy/Unclear) Blue: "MACD Bullish +" (Enhanced Strong Bullish - when using Option 4) Fuchsia/Purple: "MACD Bearish +" (Enhanced Strong Bearish - when using Option 4) (Note: Colors for "+" signals are customizable in the code if you wish) Unobtrusive Display: The status is displayed in a transparent, discreet table positioned at the middle-right of your main chart panel. This avoids cluttering the top corners or the indicator sub-panel, keeping your price action clear. Ideal Use Cases: Quick Confirmation: Rapidly confirm your trade ideas with a glance at the MACD's underlying momentum. Scalping & Day Trading: The instant visual feedback is invaluable for fast-paced short-term strategies. Momentum Filtering: Use it to filter trades, ensuring you're entering when MACD momentum is in your favor. Complementary Tool: Designed to work hand-in-hand with your primary analysis (price action, support/resistance, other indicators). It's not intended as a standalone signal but as a powerful re-confirmation tool. Customization Options: MACD Settings: Adjust Fast Length, Slow Length, and Signal Length. Logic Selection: Toggle between "Option 3 (Robust)" and "Option 4 (Simplified)" for different sensitivities. Show Status Text: Toggle the visibility of the status text On/Off. Text Size: Choose from "tiny", "small", "normal", "large", "huge" for optimal visibility. Important Disclaimer: This indicator is a technical analysis tool and should be used as part of a comprehensive trading strategy. It is not financial advice. Trading in financial markets involves substantial risk, and you could lose money. Always perform your own research and risk management.
Pine Script® indicator
by tessyjoppan
ZLMA Keltner ChannelThe ZLMA Keltner Channel uses a Zero-Lag Moving Average (ZLMA) as the centerline with ATR-based bands to track trends and volatility. The ZLMA’s reduced lag enhances responsiveness for breakouts and reversals, i.e. it's more sensitive to pivots and trend reversals. Unlike Bollinger Bands, which use standard deviation and are more sensitive to price spikes, this uses ATR for smoother volatility measurement. Background: Built on John Ehlers’ lag-reduction techniques, this indicator adapts the classic Keltner Channel for dynamic markets. It excels in trending (low-entropy) markets for breakouts and range-bound (high-entropy) markets for reversals. How to Read: ZLMA (Blue): Tracks price trends. Above = bullish, below = bearish. Upper Band (Green): ZLMA + (Multiplier × ATR). Cross above signals breakout or overbought. Lower Band (Red): ZLMA - (Multiplier × ATR). Cross below signals breakout or oversold. Channel Fill (Gray): Shows volatility. Narrow = low volatility, wide = high volatility. Signals (Optional): Enable to show “Buy” (green) on upper band crossovers, “Sell” (red) on lower band crossunders. Strategies: Trade breakouts in trending markets, reversals in ranges, or use bands as trailing stops. Settings: ZLMA Period (20): Adjusts centerline responsiveness. ATR Period (20): Sets volatility period. Multiplier (2.0): Controls band width. If you are still confused between the ZLMA Keltner Channels and Bollinger Bands: Keltner Channel (ZLMA): Uses ATR for bands, which smooths volatility and is less reactive to sudden price spikes. The ZLMA centerline reduces lag for faster trend detection. Bollinger Bands: Uses standard deviation for bands, making them more sensitive to price volatility and prone to wider swings in high-entropy markets. Typically uses an SMA centerline, which lags more than ZLMA.
Pine Script® indicator
by HenriqueCentieiro
Bearish Fibonacci Extension Distance Table ### 📉 **Bearish Fibonacci Extension Distance Table – Pine Script Indicator** This TradingView indicator calculates and displays **bearish Fibonacci extension targets** based on recent price swings, specifically designed for traders looking to **analyze downside potential** in a trending market. Unlike traditional Fibonacci retracement tools that help identify pullbacks, this version projects likely **price targets below current levels** using Fibonacci ratios commonly followed by institutional and retail traders alike. #### 🔧 **How It Works:** * **Swing Calculation**: The script looks back over a user-defined period (`swingLen`, default 20 bars) to find: * `B`: The **highest high** in the lookback (start of bearish move) * `A`: The **lowest low** in the same period (end of bearish swing) * `C`: The **current high**, serving as the base for projecting future downside levels. * **Bearish Extensions**: It then calculates Fibonacci extension levels **below** the current high using standard ratios: * **100%**, **127.2%**, **161.8%**, **200%**, and **261.8%** * **Distance Calculation**: For each level, the indicator computes: * The **target price** * The **distance (in %)** between the current close and each Fibonacci level * **Visual Output**: A live, auto-updating **data table** is shown in the **top-right corner** of the chart. This provides at-a-glance insight into how far current price is from each bearish target, with color-coded levels for clarity. #### 📊 **Use Cases**: * Identify **bearish continuation targets** in downtrending or correcting markets. * Help manage **take-profit** zones for short trades. * Assess **risk-reward** scenarios when entering bearish positions. * Combine with indicators like RSI, OBV, or MACD for **confluence-based setups**. #### ⚙️ **Inputs**: * `Swing Lookback`: Number of bars to consider for calculating the swing high and swing low. * `Show Table`: Toggle to display or hide the Fibonacci level table. --- ### 🧠 Example Interpretation: Suppose the stock is trading at ₹180 and the 161.8% Fibonacci extension level is ₹165 with a -8.3% distance — this suggests the price may continue down to ₹165, offering a potential 8% short opportunity if confirmed by other indicators.
Pine Script® indicator
by raghavprakash05
HEMA Trend by Rostek (Filters + ATR + RR) For testing by anyone. Enjoy! :) HEMA Trend Levels with Gradient, ATR-based SL & TP, HTF Filter, and R/R Statistics This advanced indicator is designed to help you detect high-quality trend crossovers using HEMA (Hull Exponential Moving Average) smoothing logic. It integrates dynamic visualization, strong multi-layer filters, and risk management levels — all in one package. ✅ Core Concept The indicator plots two HEMAs (fast and slow), with a gradient fill between them that dynamically changes color based on the trend direction. Crossovers between these HEMAs generate potential trade signals (long or short). 🎨 Key Visual Features Smooth gradient fill area between fast and slow HEMA. Dynamic arrows marking crossover points (precisely above/below HEMA cross). Optional ATR-based Stop Loss (SL) and Take Profit (TP) levels shown as dashed lines with labels. Automatic display of calculated Risk/Reward (R/R) ratio next to TP level. ⚙️ Powerful Filters You can enable/disable each of these filters individually: ✅ EMA Filter — Confirm signals only when the price is above/below a selected EMA (default: 100). ✅ ADX Filter — Confirms signals only if ADX value exceeds a set threshold (default: 20). ✅ RSI Filter — Filter signals based on RSI value (e.g., >50 for longs, <50 for shorts). ✅ Higher Time Frame (HTF) EMA Filter — Only take signals aligned with a higher timeframe EMA trend (e.g., daily EMA 100). 📏 Risk Management Features ATR-based Stop Loss (SL): Dynamic stop level calculated using ATR, configurable multiplier (e.g., 1.5 × ATR). ATR-based Take Profit (TP): Dynamic take profit level based on ATR, configurable multiplier (e.g., 3 × ATR). Risk/Reward Statistics: Calculates and displays R/R ratio on the chart to help visually evaluate trade setups. 🔔 Alerts A single unified alert condition for both long and short filtered signals, making it easy to set up TradingView alerts. ⚡ Usage Tips Adjust HEMA lengths (default: 20 & 40) to tune responsiveness. Enable/disable filters depending on your strategy and market conditions. Fine-tune ATR multipliers for SL/TP based on your risk tolerance. Use HTF filter to trade only in the direction of the main higher timeframe trend. ✅ Ideal for Trend-following traders who want smoothed entries. Traders looking for integrated visual risk management levels. Users who want precise, customizable signals with strong filtering logic.
Pine Script® indicator
by rostyk_struk
Multi-Tool Indicator v6This is a versatile technical analysis tool designed to help traders quickly assess market trends and momentum. It combines a customizable Moving Average (MA) with Relative Strength Index (RSI) signals to highlight key market conditions directly on the chart. 🔧 Key Features: Configurable Moving Average (MA): Supports SMA (Simple Moving Average) and EMA (Exponential Moving Average). User-defined length to match your strategy. Plotted directly on the price chart for trend tracking. RSI-Based Signal Detection: Uses RSI to detect overbought (above 70) and oversold (below 30) conditions. Plots red/green triangle shapes above/below bars when these conditions occur. Background Highlighting: Changes chart background to red when overbought and green when oversold to improve visual clarity. Alerts for Key RSI Events: Alerts can be triggered when RSI enters overbought or oversold zones. Useful for automated strategy notifications. MA Value Labels: A label shows the current value of the MA near the most recent bar.
Pine Script® indicator
by Gold_Hunters_Club
Random Coin Toss Strategy📌 Overview This strategy is a probability-based trading simulation that randomly decides trade direction using a coin-toss mechanism and executes trades with a customizable risk-reward ratio. It's designed primarily for testing entry frequency and risk dynamics, not predictive accuracy. 🎯 Core Concept Every N bars (configurable), the strategy performs a pseudo-random coin toss. Based on the result: If heads → Buy If tails → Sell Once a position is opened, it sets a Stop-Loss (SL) and Take-Profit (TP) based on a multiple of the current ATR (Average True Range) value. ⚙️ Configurable Inputs ATR Length Period for ATR calculation, determines volatility basis. SL Multiplier SL distance = ATR × multiplier (e.g., 1.0 means 1x ATR) . TP Multiplier TP distance = ATR × multiplier (e.g., 2.0 = 2x ATR) . Entry Frequency Bars to wait between each new coin toss decision. Show TP/SL Zones Toggle on/off for drawing visual TP and SL zones. Box Size Number of bars used to define the width of the TP/SL boxes. 🔁 Entry & Exit Logic Entry: Happens only when no current position exists and it's the correct bar interval. Entry direction is randomly decided. Exit: Positions exit at either: Take-Profit (TP) level Stop-Loss (SL) level Both are calculated using the configured ATR-based distances. 🖼️ Visual Features TP and SL zones: Rendered as shaded rectangles (boxes) only once per trade. Green box for TP zone, red box for SL zone. Automatically deleted and redrawn for each new trade to avoid chart clutter. ATR Display Table: A minimal info table at the top-right shows the current ATR value. Updates every few bars for performance. 🧪 Use Cases Ideal for risk-reward modeling, strategy prototyping, and understanding how volatility-based SL/TP behavior affects results. Great for backtesting frequency, RR tweaks (e.g., 2:5 or 3:1), and execution structure in random conditions. ⚠️ Disclaimer Since the trade direction is random, this script is not meant for predictive trading but serves as a powerful experiment framework for studying how SL, TP, and volatility interact with random chance in a controlled, repeatable system.
Pine Script® strategy
by vineeth059
1
VWAP SlopePositive (green) bars mean today’s (or this interval’s) VWAP is higher than the prior one → volume‐weighted average price is drifting up → bullish flow. Negative (red) bars mean VWAP is lower than before → volume is skewed to sellers → bearish flow. Bar height shows how much VWAP has shifted, so taller bars = stronger conviction. Why it’s useful: It gives you a real-time read on whether institutions are consistently buying at higher prices or selling at lower prices. Use it as a bias filter: for shorts you want to see red bars (VWAP down-slope) at your entry, and for longs green bars (VWAP up-slope). Because it updates tick-by-tick (or per bar), you get a live snapshot of volume-weighted momentum on top of your price‐action and oscillator signals.
Pine Script® indicator
by ahmedfarhatx22
Enhanced RSI Divergence StrategyCore Strategy Logic 1. Higher Timeframe (HTF) Context Purpose: Align with the dominant trend (e.g., "bullish made new highs"). Tools: Price action (breakouts, key support/resistance levels). Trend confirmation (e.g., 50EMA on 1H/4H charts). 2. Lower Timeframe (LTF) Entry Triggers Momentum Breakdown (Short Example): Signal: Price makes "high of the day" + reversal candlestick (e.g., bearish engulfing). Confirmation: RSI divergence or volume spike. Support Reversion (Long/Short): Signal: False breakout (e.g., "faked bullish breakout and reversed"). Confirmation: Wick rejection at HTF support/resistance. 3. Trade Execution Entry: On 5-minute close after trigger. Stop Loss (SL): Current: Fixed ticks (e.g., 7-13 pts) → Issue: Too tight for US100 volatility. Improved: 1.5x ATR(14) or beyond recent swing high/low. Take Profit (TP): Current: Fixed price levels (e.g., 21523). Improved: Tiered exits (50% at 1:1 RR, trail rest). 4. Position Sizing Fixed contracts (e.g., 10 per trade). Better Approach: Risk 1-2% of capital per trade (adjust size based on SL distance). Key Strengths HTF+LTF Alignment: Avoids counter-trend traps by trading in HTF direction. Flexibility: Adapts to momentum and mean-reversion setups. Journaling: Tracks emotions/mistakes (critical for improvement).
Pine Script® strategy
by mexyeso
My script//@version=5 indicator("MA + OI + Volume Breakout", overlay=true) // === MA Parameters === ma_type = input.string("EMA", title="MA Type", options= ) ma(src, len, type) => type == "SMA" ? ta.sma(src, len) : type == "EMA" ? ta.ema(src, len) : ta.wma(src, len) ma5 = ma(close, 5, ma_type) ma21 = ma(close, 21, ma_type) ma50 = ma(close, 50, ma_type) ma100 = ma(close, 100, ma_type) plot(ma5, "5-day MA", color=color.yellow, linewidth=2) plot(ma21, "21-day MA", color=color.orange, linewidth=2) plot(ma50, "50-day MA", color=color.fuchsia, linewidth=2) plot(ma100, "100-day MA", color=color.blue, linewidth=2) // === Trend Signal === bullish_trend = ma5 > ma21 and ma21 > ma50 and ma50 > ma100 bearish_trend = ma5 < ma21 and ma21 < ma50 and ma50 < ma100 bgcolor(bullish_trend ? color.new(color.green, 85) : bearish_trend ? color.new(color.red, 85) : na) // === Volume Breakout === vol_avg = ta.sma(volume, 20) vol_breakout = volume > 1.5 * vol_avg plotshape(vol_breakout, title="Volume Breakout", location=location.belowbar, style=shape.circle, color=color.aqua, size=size.tiny) // === Open Interest Overlay (assumes OI data via external input or future integration) === // Placeholder: simulate OI input (replace with `request.security(syminfo.tickerid, ..., ...)` if available) oi = input.float(na, title="Open Interest (external feed)") oi_avg = ta.sma(oi, 20) oi_breakout = oi > 1.2 * oi_avg plotshape(not na(oi) and oi_breakout, title="OI Spike", location=location.belowbar, style=shape.diamond, color=color.purple, size=size.tiny) plot(oi, title="Open Interest", color=color.gray, display=display.none) // Optional: hidden line for alerts // === Composite Signal === strong_long = bullish_trend and vol_breakout and oi_breakout plotshape(strong_long, title="Strong Long Signal", location=location.belowbar, style=shape.labelup, text="LONG", size=size.small, color=color.lime) // === Screener Logic === // Use `strong_long` as your filter condition in a screener or dashboard output
Pine Script® indicator
by nikhilkapadia