4wooindiDescription (한글)
이 지표는 BTC/ETH 가격 비율의 Z-Score와 개별 자산(BTC, ETH)의 RSI를 동시에 계산하여, 시장의 추세 강도와 과매수·과매도 구간을 한눈에 파악할 수 있는 통합 전략 대시보드를 제공합니다.
사용자 정의 가능한 기간(length) 및 진입·청산 임계값(threshold) 설정
캔들 차트 위에 오버레이 형태로 표시
트레이딩뷰 기본 툴바 및 알림 기능 완벽 호환
Description (English)
This indicator delivers an integrated strategy dashboard by calculating both the Z-Score of the BTC/ETH price ratio and the RSI of each asset (BTC, ETH), enabling you to visualize market trend strength and overbought/oversold conditions at a glance.
Customizable length and entry/exit threshold settings
Overlay display directly on your candlestick chart
Fully compatible with TradingView’s toolbar and alert system
Indicators and strategies
Clean Day Separator (Vertical Only)Clean Day Separator (Vertical Only) is a minimalist indicator for traders who value clarity and structure on their charts.
This tool draws:
✅ Vertical dashed lines at the start of each new day
✅ Optional day-of-week labels (Monday, Tuesday, etc.)
It’s designed specifically for clean chart lovers — no horizontal lines, no boxes, just what you need to mark time and keep your focus.
Perfect for:
Intraday traders who track market rhythm
Price action purists
Anyone who wants to reduce visual noise
Customizable settings:
Toggle day labels on/off
Choose line and text colors
Set label size to match your chart style
Enhanced Smoothed Heiken Ashi CandlesSmooth Heikin Ashi is a modified version of the traditional Heikin Ashi candlestick charting technique that applies additional smoothing to reduce noise and provide clearer trend signals.
Traditional Heikin Ashi Basics
Heikin Ashi (Japanese for "average bar") transforms regular candlesticks using these formulas:
Close = (Open + High + Low + Close) / 4
Open = (Previous HA Open + Previous HA Close) / 2
High = Maximum of (High, HA Open, HA Close)
Low = Minimum of (Low, HA Open, HA Close)
Smooth Heikin Ashi Enhancement
The smooth version applies moving averages to the Heikin Ashi values, typically using:
Simple Moving Average (SMA)
Exponential Moving Average (EMA)
Weighted Moving Average (WMA)
Common smoothing periods range from 5 to 21, with 14 being popular.
Key Benefits
Noise Reduction: Further filters out market noise compared to standard Heikin Ashi, making trends more apparent.
Clearer Signals: Produces smoother transitions between bullish and bearish phases, reducing false signals.
Trend Identification: Makes it easier to identify the dominant trend direction and potential reversals.
Trading Applications
Trend Following: Green/white candles indicate uptrends, red/black indicate downtrends
Entry/Exit Points: Color changes can signal potential trade entries or exits
Support/Resistance: Smoother price action helps identify key levels
Multiple Timeframe Analysis: Works well across different timeframes
The main tradeoff is that increased smoothing creates more lag, so signals may come later than with traditional Heikin Ashi or regular candlesticks.
TRADING GURU LIVE FLASHHi guys,
If you are looking to add some watermark into your charts. You can use this indicator.
You can add add a title and a subtitle, if you want to write in diferents lines, you can use as you can see in the script.
This is just a watermark, which follows my personal style an aesthetic when it comes to Pinescript tools. I like to keep my charts clean to focus on Time and price, and I love to have a reminder to remain disciplined.
Homo Faber Fortunae Suae is a Latin maxim which loosely translates to: Humans Are The Makers Of Their Own Destiny.
So make your own destiny, master yourself and the charts!
All the features are customizable: position, text size, text color, background.
Enjoy it.
RSI OS/OB Background StripesThe "RSI OS/OB Background Stripes" indicator is a simple tool designed to help traders visualize overbought and oversold market conditions using the Relative Strength Index (RSI). It highlights these conditions by displaying colored background stripes directly on your chart, making it easy to spot potential trading opportunities.
How It Works:RSI Calculation: The indicator calculates the RSI, a popular momentum indicator that measures the speed and change of price movements, using a default period of 14 (customizable).
Overbought/Oversold Levels: It marks areas where the RSI is above a user-defined overbought level (default: 70) with red background stripes, and below an oversold level (default: 30) with green background stripes.
Visual Feedback: The colored stripes appear on the chart when the RSI enters overbought (red) or oversold (green) zones, helping you quickly identify market conditions.
Customization: You can adjust the RSI period, overbought/oversold levels, background colors, and transparency. You can also choose to show the RSI line in a separate panel or display RSI values on the chart for debugging.
Alerts: The indicator includes optional alerts that notify you when the RSI crosses into overbought or oversold territory.
Who It’s For: This indicator is perfect for beginner and intermediate traders who want a clear, visual way to track RSI-based overbought and oversold conditions without cluttering their charts.
Key Features:Easy-to-read background stripes for overbought (red) and oversold (green) conditions.
Fully customizable RSI settings, colors, and transparency.
Optional RSI plot and value display for deeper analysis.
Alerts to keep you informed of key RSI level crossings.
This indicator is a straightforward way to monitor market momentum and make informed trading decisions.
Contrarian RSIContrarian RSI Indicator
Pairs nicely with Contrarian 100 MA (optional hide/unhide buy/sell signals)
Description
The Contrarian RSI is a momentum-based technical indicator designed to identify potential reversal points in price action by combining a unique RSI calculation with a predictive range model inspired by the "Contrarian 5 Levels" logic. Unlike traditional RSI, which measures price momentum based solely on price changes, this indicator integrates a smoothed, weighted momentum calculation and predictive price ranges to generate contrarian signals. It is particularly suited for traders looking to capture reversals in trending or range-bound markets.
This indicator is versatile and can be used across various timeframes, though it performs best on higher timeframes (e.g., 1H, 4H, or Daily) due to reduced noise and more reliable signals. Lower timeframes may require additional testing and careful parameter tuning to optimize performance.
How It Works
The Contrarian RSI combines two primary components:
Predictive Ranges (5 Levels Logic): This calculates a smoothed price average that adapts to market volatility using an ATR-based mechanism. It helps identify significant price levels that act as potential support or resistance zones.
Contrarian RSI Calculation: A modified RSI calculation that uses weighted momentum from the predictive ranges to measure buying and selling pressure. The result is smoothed and paired with a user-defined moving average to generate clear signals.
The indicator generates buy (long) and sell (exit) signals based on crossovers and crossunders of user-defined overbought and oversold levels, making it ideal for contrarian trading strategies.
Calculation Overview
Predictive Ranges (5 Levels Logic):
Uses a custom function (pred_ranges) to calculate a dynamic price average (avg) based on the ATR (Average True Range) multiplied by a user-defined factor (mult).
The average adjusts only when the price moves beyond the ATR threshold, ensuring responsiveness to significant price changes while filtering out noise.
This calculation is performed on a user-specified timeframe (tf5Levels) for multi-timeframe analysis.
Contrarian RSI:
Compares consecutive predictive range values to calculate gains (g) and losses (l) over a user-defined period (crsiLength).
Applies a Gaussian weighting function (weight = math.exp(-math.pow(i / crsiLength, 2))) to prioritize recent price movements.
Computes a "wave ratio" (net_momentum / total_energy) to normalize momentum, which is then scaled to a 0–100 range (qrsi = 50 + 50 * wave_ratio).
Smooths the result with a 2-period EMA (qrsi_smoothed) for stability.
Moving Average:
Applies a user-selected moving average (SMA, EMA, WMA, SMMA, or VWMA) with a customizable length (maLength) to the smoothed RSI (qrsi_smoothed) to generate the final indicator value (qrsi_ma).
Signal Generation:
Long Entry: Triggered when qrsi_ma crosses above the oversold level (oversoldLevel, default: 1).
Long Exit: Triggered when qrsi_ma crosses below the overbought level (overboughtLevel, default: 99).
Entry and Exit Rules
Long Entry: Enter a long position when the Contrarian RSI (qrsi_ma) crosses above the oversold level (default: 1). This suggests the asset is potentially oversold and due for a reversal.
Long Exit: Exit the long position when the Contrarian RSI (qrsi_ma) crosses below the overbought level (default: 99), indicating a potential overbought condition and a reversal to the downside.
Customization: Adjust overboughtLevel and oversoldLevel to fine-tune sensitivity. Lower timeframes may benefit from tighter levels (e.g., 20 for oversold, 80 for overbought), while higher timeframes can use extreme levels (e.g., 1 and 99) for stronger reversals.
Timeframe Considerations
Higher Timeframes (Recommended): The indicator is optimized for higher timeframes (e.g., 1H, 4H, Daily) due to its reliance on predictive ranges and smoothed momentum, which perform best with less market noise. These timeframes typically yield more reliable reversal signals.
Lower Timeframes: The indicator can be used on lower timeframes (e.g., 5M, 15M), but signals may be noisier and require additional confirmation (e.g., from price action or other indicators). Extensive backtesting and parameter optimization (e.g., adjusting crsiLength, maLength, or mult) are recommended for lower timeframes.
Inputs
Contrarian RSI Length (crsiLength): Length for RSI momentum calculation (default: 5).
RSI MA Length (maLength): Length of the moving average applied to the RSI (default: 1, effectively no MA).
MA Type (maType): Choose from SMA, EMA, WMA, SMMA, or VWMA (default: SMA).
Overbought Level (overboughtLevel): Upper threshold for exit signals (default: 99).
Oversold Level (oversoldLevel): Lower threshold for entry signals (default: 1).
Plot Signals on Main Chart (plotOnChart): Toggle to display signals on the price chart or the indicator panel (default: false).
Plotted on Lower:
Plotted on Chart:
5 Levels Length (length5Levels): Length for predictive range calculation (default: 200).
Factor (mult): ATR multiplier for predictive ranges (default: 6.0).
5 Levels Timeframe (tf5Levels): Timeframe for predictive range calculation (default: chart timeframe).
Visuals
Contrarian RSI MA: Plotted as a yellow line, representing the smoothed Contrarian RSI with the applied moving average.
Overbought/Oversold Lines: Red line for overbought (default: 99) and green line for oversold (default: 1).
Signals: Blue circles for long entries, white circles for long exits. Signals can be plotted on the main chart (plotOnChart = true) or the indicator panel (plotOnChart = false).
Usage Notes
Use the indicator in conjunction with other tools (e.g., support/resistance, trendlines, or volume) to confirm signals.
Test extensively on your chosen timeframe and asset to optimize parameters like crsiLength, maLength, and mult.
Be cautious with lower timeframes, as false signals may occur due to market noise.
The indicator is designed for contrarian strategies, so it works best in markets with clear reversal patterns.
Disclaimer
This indicator is provided for educational and informational purposes only. Always conduct thorough backtesting and risk management before using any indicator in live trading. The author is not responsible for any financial losses incurred.
Z-Score Pairs Trading Composite
z-score
Description (한글)
이 지표는 BTC/ETH 가격 비율의 Z-Score와 개별 자산(BTC, ETH)의 RSI를 동시에 계산하여, 시장의 추세 강도와 과매수·과매도 구간을 한눈에 파악할 수 있는 통합 전략 대시보드를 제공합니다.
사용자 정의 가능한 기간(length) 및 진입·청산 임계값(threshold) 설정
캔들 차트 위에 오버레이 형태로 표시
트레이딩뷰 기본 툴바 및 알림 기능 완벽 호환
Description (English)
This indicator delivers an integrated strategy dashboard by calculating both the Z-Score of the BTC/ETH price ratio and the RSI of each asset (BTC, ETH), enabling you to visualize market trend strength and overbought/oversold conditions at a glance.
Customizable length and entry/exit threshold settings
Overlay display directly on your candlestick chart
Fully compatible with TradingView’s toolbar and alert system
Civan Ali'nin Sihirli Çizgisi🧙♂️ Civan Ali’s Magic Line
Sense the trends, don’t miss the moves!
This strategy is built on two magically effective foundations:
📏 Moving Averages (WMA 50 & 200) and
🧠 CCI signals powered by the IFT Combo filter.
How It Works
🔹 When price starts accelerating upward and the short-term average (WMA50) crosses above the long-term (WMA200), a potential long signal forms.
🔻 If it crosses downward, a short signal is considered.
But it doesn’t jump in immediately!
🎯 To avoid “noisy” market moves, the system uses an Inverse Fisher Transform (IFT) filter.
Only when momentum is truly strong does it allow trades.
Why It’s Different
✅ Detects trend direction
✅ Filters out weak signals
✅ Manages risk and profit intelligently
And while doing all that, it warns you with magical labels and emojis on the chart.
In short: It’s both effective and entertaining. 🎯
Leveraged Liquidation ZonesOVERVIEW
This indicator estimates potential liquidation zones based on leveraged positions (25x, 50x, 75x, 100x). It visually displays upper and lower bounds for each leverage tier, allowing traders to infer areas where the market might be seeking liquidity.
CONCEPTS
In leveraged markets, especially crypto derivatives, price often moves towards zones of high liquidation potential — areas where traders using high leverage are likely to be stopped out. These zones represent concentrations of liquidity that can serve as targets for price movement.
This script models simplified liquidation areas by calculating the price range within which positions using specific leverage levels would be at risk, assuming no maintenance margin and using the previous candle close as a reference.
FEATURES
Visual zones for 25x, 50x, 75x, and 100x leverage levels.
Customizable visibility and colors for each leverage tier.
Real-time zone calculation based on the previous candle close.
Simple and clean design to overlay directly on price action.
USAGE
Use this tool to identify areas of liquidity accumulation or potential price magnet zones. High-leverage liquidations often lead to volatile movements when triggered, so tracking these zones can help anticipate breakout or reversal behavior.
You can toggle individual leverage levels via the settings panel, and adjust color transparency to suit your chart theme. This tool is most effective when combined with volume spikes, order book analysis, or high-frequency behavior.
Price × Volume TableIt creates a table showing:
1- Daily Close × Daily Volume
2- Current Close × Current Volume
3- Close × Highest Volume (last 360 candles)
MES Alerts: EMA9/21 + VWAP + Visual TradesTitle:
📈 MES Scalping Indicator – EMA9/21 + VWAP + Entry/TP/SL Visualization
Description:
This indicator combines a simple yet effective scalping setup tailored for the MES (Micro E-mini S&P 500) futures market.
🔧 Features:
EMA 9 & EMA 21 crossover logic
VWAP filter to confirm trend direction
Signal generation on pullbacks in trend direction
Visual trade levels:
Dashed lines for entry, take-profit, and stop-loss
Webhook-ready alerts for automated trading integrations (e.g., via Python, Tradovate API, etc.)
💬 Community Feedback Welcome:
This is an early version. I'm actively seeking input from traders and developers alike — especially around signal refinement, visualization, and automation compatibility.
Feel free to comment or fork.
Happy trading! 🚀
Madrid Moving Average Ribbon (WMA)Madrid Moving Average Ribbon (WMA version)
This indicator visualizes a ribbon of 19 Weighted Moving Averages (WMA), ranging from 5 to 100 periods in 5-step increments. Each WMA is color-coded based on its slope and its position relative to the 100-period WMA, which serves as a baseline.
Color Logic:
LIME: Strong uptrend (rising and above WMA100)
GREEN: Possible recovery (rising but below WMA100)
MAROON: Potential reversal warning (falling but above WMA100)
RED (RUBI): Confirmed downtrend (falling and below WMA100)
GRAY: Neutral or unclear
Use this indicator to quickly evaluate trend direction, strength, and potential reversal zones.
Ideal for trend-following, swing trading, and visual confirmation strategies.
----
Madrid 이동평균 리본 (WMA 버전)
이 인디케이터는 5에서 100까지 5단위로 증가하는 총 19개의 WMA(가중이동평균)를 리본 형태로 시각화합니다.
각 선은 기준선인 WMA100을 중심으로 기울기와 상대적 위치에 따라 색상이 지정됩니다.
색상 의미:
라임색 (LIME): 강한 상승 추세 (상승 중이며 WMA100 위에 위치)
초록색 (GREEN): 반등 가능성 (상승 중이나 WMA100 아래에 위치)
밤색 (MAROON): 하락 반전 경고 (하락 중이지만 WMA100 위에 위치)
빨간색 (RUBI): 명확한 하락 추세 (하락 중이며 WMA100 아래에 위치)
회색 (GRAY): 방향성 불명확 (횡보 또는 모호한 구간)
이 지표는 추세의 방향성과 강도, 그리고 전환 구간을 빠르게 파악할 수 있도록 도와줍니다.
추세 추종, 스윙 트레이딩, 시각적 확인 보조지표로 적합합니다.
4H Crypto System – EMAs + MACD//@version=5
indicator("4H Crypto System – EMAs + MACD", overlay=true)
// EMAs
ema21 = ta.ema(close, 21)
ema50 = ta.ema(close, 50)
ema200 = ta.ema(close, 200)
// MACD Settings (standard)
fastLength = 12
slowLength = 26
signalLength = 9
= ta.macd(close, fastLength, slowLength, signalLength)
// Plot EMAs
plot(ema21, title="EMA 21", color=color.orange, linewidth=1)
plot(ema50, title="EMA 50", color=color.blue, linewidth=1)
plot(ema200, title="EMA 200", color=color.purple, linewidth=1)
// Candle coloring based on MACD trend
macdBull = macdLine > signalLine
barcolor(macdBull ? color.new(color.green, 0) : color.new(color.red, 0))
// Buy/Sell signal conditions
buySignal = ta.crossover(macdLine, signalLine) and close > ema21 and close > ema50 and close > ema200
sellSignal = ta.crossunder(macdLine, signalLine) and close < ema21 and close < ema50 and close < ema200
// Alerts
alertcondition(buySignal, title="Buy Alert", message="Buy Signal: MACD bullish crossover and price above EMAs")
alertcondition(sellSignal, title="Sell Alert", message="Sell Signal: MACD bearish crossover and price below EMAs")
reversalthis is a simple ema indicator. i specifically set my fast ema to 4 and my slow ema to 13. i only turn on signals after 9;30 am and wait for the ema cross signal to fire once a swing point has been sweeped. i follow the daily. If the daily high has been sweep the previous day and or closed then we are taking highs therefor bullish bias. vice versa for sells. if bullish then only take bullish 4/13 ema cross.THIS CROSS IS MY SIGNAL THAT THERE IS A POTENTIAL CHANGE OF ORDERFLOW, YOU MUST VERIFY THAT THERE IS INDEED A BREAKER BLOCK BEFORE ENTERING. i dont actually just follow a simple ema cross. it means something.
Buy Opportunity Score Table (21 Points)## 📊 Script Title:
**Buy Opportunity Score Table (21 Points)**
---
## 📝 Script Description:
This TradingView script is a **custom multi-indicator scoring system** designed to identify **buying opportunities** in stocks, indices, or ETFs by evaluating momentum, volume strength, and overall market sentiment. It gives a score out of **21 points** using 6 key indicators, and highlights **potential buy signals** when the score crosses **8 points or more**.
---
## ✅ Key Features:
### 📌 1. **Indicators Used (21 Points Max)**
Each of the following indicators contributes up to 4 points (except Nifty trend, which adds 1 point):
| Indicator | Max Points | Logic |
| ----------- | ---------- | ---------------------------------- |
| Volume | 4 | Volume > 20-day average and rising |
| OBV | 4 | OBV rising for 3+ days |
| MFI | 4 | MFI > 60 and increasing |
| RSI | 4 | RSI > 50 and increasing |
| ROC | 4 | Rate of change positive and rising |
| Nifty Trend | 1 | Nifty > yesterday and above 20 EMA |
---
### 📌 2. **Scoring Output**
* The **total score** is plotted on the chart and capped at 21.
* Score of **8 or higher** is treated as a **buy trigger**.
* Permanent horizontal lines are plotted at **8**, **13**, and **17** to show key levels:
* **8** → Entry zone
* **13** → Accumulation/Build zone
* **17** → Strong bullish momentum
---
### 📌 3. **Table Panel (Top Right Corner)**
A table shows:
* Current and previous day’s score for each indicator
* Total score and change from previous day
---
### 📌 4. **Visual Aids**
* Background turns **green** when score is **≥ 8**
* Permanent **horizontal lines** at score levels **8, 13, and 17** for easy reference
---
### 📌 5. **Alerts**
* An `alertcondition` is triggered **when score crosses 8 from below**
* You can use this for mobile/email alerts or automated strategies
---
## ⚙️ Inputs:
You can customize:
* Length of **ROC**, **MFI**, **RSI**, and **Volume SMA**
Default values are:
* ROC: 10
* MFI: 14
* RSI: 14
* Volume MA: 20
---
## 🎯 Use Case:
This tool is ideal for:
* **Swing traders** looking for early signals of accumulation
* **Investors** filtering stocks with rising internal strength
* **Algo traders** building signal-based strategies based on multi-factor models
Weinstein Stage Analysis HelperA helper script to visualize the Weinstein Stages intuitively along with other factors like
- Relative Strength
- Volume (On Balance Volume)
- RoE
- P/E
- Growth Rate
- EPS Growth Rate
AdelVolume Clone//@version=6
indicator("Faisalvolume Clone", overlay=false)
// إعدادات
maLength = input.int(20, minval=1, title="Volume MA Length")
highVolumeMultiplier = input.float(1.5, title="High Volume Multiplier")
// بيانات
vol = volume
volMA = ta.sma(vol, maLength)
// شروط
isHighVol = vol > volMA * highVolumeMultiplier
isAboveMA = vol > volMA
// لون العمود
barColor = isHighVol ? color.red : isAboveMA ? color.lime : color.gray
// رسم المؤشر
plot(vol, title="Volume", style=plot.style_columns, color=barColor)
plot(volMA, title="Volume MA", color=color.orange, linewidth=2)
GeeksDoByte 15m & 30m ORB + Prev Day High/LowCME_MINI:NQ1!
How It Works
Opening Ranges
At 9:30 ET, the script begins tracking the high & low.
It uses two fixed sessions:
15 min from 09:30 to 09:45
30 min from 09:30 to 10:00
On the very first bar of each session it initializes the range, then continuously updates the high/low on each new intraday bar.
Dashed lines are drawn when the session opens and extended horizontally across subsequent bars.
Previous Day’s Levels
Independently, it fetches yesterday’s high and low via a daily security call.
These historic levels are plotted as simple horizontal lines for daily context.
How to Use
Breakout Entries
A close above the 15 min ORB high can signal an early breakout; a further push above the 30 min ORB high confirms extended momentum.
Conversely, breaks below the respective lows can indicate short setups.
Support & Resistance
Yesterday’s high/low often act as magnet levels. If price is near the previous high when the opening ranges break, you get a confluence zone worth watching.
Trade Management
Combine the two opening-range levels to tier your stops or scale in.
For example, you might place an initial stop below the 15 min low and a wider stop below the 30 min low.
📈 Linearity (ER 0–1) + ADRMAX % Table
This indicator combines two powerful concepts to help traders assess trend efficiency and intraday thrust strength:
🔹 1. Linearity (Kaufman Efficiency Ratio)
Measures how efficiently price has trended over a selected lookback period.
Values range from 0 to 1, where:
1.0 = perfectly trending market (no noise)
0.0 = completely choppy market (all noise)
Optional method: New High Persistence (fraction of bars in the period that hit a new high).
🔹 2. ADRMAX % (Average Daily Range Max as %)
Calculates the average of top % biggest green daily candles (measured as % range: (high - low) / low × 100) over a given lookback.
Projects this ADRMAX % above current lows as a thrust-level expectation.
Marks candles exceeding this dynamic threshold, helping identify unusual momentum.
📊 On-Chart Table Display
Real-time display of:
Linearity (0–1 scale)
ADRMAX %
Table is color-coded and position-customizable.
🛠️ Use Cases:
Trend-following filters: only act when ER > 0.75.
Thrust detection: breakout days with range > ADRMAX.
Adaptive entries: combine both for better timing.
