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Darren - Engulfing + MACD CrossDarren – Engulfing + MACD Cross Overall Behavior Identify an engulfing candle (bullish or bearish). Wait up to windowBars bars for the corresponding MACD crossover (bullish engulfing → MACD cross up; bearish engulfing → MACD cross down). If the crossover occurs within that window, trigger an entry (long or short) and close any opposite open trade. Inputs • macdFast (default 12): length of MACD fast EMA • macdSlow (default 26): length of MACD slow EMA • macdSignal (default 9): length of MACD signal line • windowBars (default 3): maximum bars allowed between an engulfing candle and a MACD crossover Indicators • macdLine and signalLine are calculated using ta.macd(close, macdFast, macdSlow, macdSignal) • macdHist = macdLine – signalLine, plotted as columns (green when ≥ 0, red when < 0) Engulfing Pattern Detection • Bullish engulfing (bullEngulfing) is true when the previous candle is bearish (close < open ), the current candle is bullish (close > open), and the current body fully engulfs the previous body (open < close and close > open ). • Bearish engulfing (bearEngulfing) is the inverse: previous candle bullish, current candle bearish, and current body fully engulfs the prior body. MACD Crossover Detection • macdCrossUp is true when macdLine crosses above signalLine. • macdCrossDown is true when macdLine crosses below signalLine. Timing Logic • barsSinceBull = ta.barssince(bullEngulfing) returns number of bars since the last bullish engulfing. • barsSinceBear = ta.barssince(bearEngulfing) returns number of bars since the last bearish engulfing. • longCondition occurs if a MACD cross up happens within windowBars bars of a bullish engulfing (barsSinceBull ≤ windowBars and macdCrossUp). • shortCondition occurs if a MACD cross down happens within windowBars bars of a bearish engulfing (barsSinceBear ≤ windowBars and macdCrossDown). Chart Markers • “Bull” label below bar whenever bullEngulfing is true. • “Bear” label above bar whenever bearEngulfing is true. • Small “Up” ▲ below bar when macdCrossUp is true. • Small “Down” ▼ above bar when macdCrossDown is true. • Triangle ▲ below bar for Long Entry (longCondition). • Triangle ▼ above bar for Short Entry (shortCondition). Entry & Exit Rules • On longCondition: enter “Long”, and close any existing “Short” position. • On shortCondition: enter “Short”, and close any existing “Long” position.
Pine Script® strategy
by OEM_redartgnidoc
RS Triple MA Confluence Signal (Lower Pane)This indicator outputs a binary signal (1 or 0) based on triple moving average confluence of an asset’s relative strength vs a benchmark (e.g., SPY, BTC, etc). ✅ A value of 1 indicates full confluence, where the asset's relative strength is above three customizable moving averages (short, medium, and long). ❌ A value of 0 indicates confluence is off. This version is designed to be used in a lower pane for: Quick visual scanning Dashboard-style layouts Systematic filtering or alerting Pairs perfectly with the main overlay tool: 👉 Relative Strength Triple MA Confluence Use that version for candle coloring and price-level signals, and this version for clean signal tracking and screening support.
Pine Script® indicator
by kondor_trades
Percent Change of Range CandlesPercent Change of Range Candles 2.0 – Explanation and Usage Guide - with a new visual display Purpose of the Indicator This indicator measures the percentage change in price relative to the total range (high - low) over a defined period. Its primary function is to display trend strength — whether the price has significantly risen or fallen in relation to its historical high and low over the selected length. It serves as a tool for identifying momentum shifts, extreme zones, and potential entry and exit points. How It Works Main signal (c): Calculated as the difference between the current close and the close length periods ago, divided by the total range over the same period. The result is multiplied by 100 to express it as a percentage. Positive values indicate bullish pressure, and negative values indicate bearish pressure. Supportive lines (o, h, l): o is the average of the last 5 values of c – used to observe momentum smoothing. h and l are adaptive values based on short-term recalculations (25% of the main length), adjusted depending on the current direction of the trend. Indicator Levels and Their Meaning Level Meaning 0 A key boundary between bullish and bearish zones. Proximity to this line often suggests consolidation or a potential reversal. +70 Strong bullish momentum. May indicate overbought strength – potential for a pullback. +100 Extreme overbought zone. This could signal market exhaustion and an upcoming drop. -70 Strong bearish momentum. Could indicate oversold strength, but still within a trending market. -100 Extreme oversold zone. Signals a possible reversal or at least a short-term bounce. How to Use It in Trading Around the Zero Level (0): This is the neutral zone. When c approaches zero after a strong trend, it can indicate momentum weakening and a potential trend shift. A cross from negative to positive values could signal early bullish reversal. A cross from positive to negative could indicate early bearish reversal. Extreme Levels ±100: These are not automatic "buy" or "sell" signals but mark extreme market conditions. Approaching +100 suggests the market has risen too much, possibly overheated – be ready for a correction. Approaching -100 suggests the market has fallen too much, potentially oversold – be prepared for a recovery. Best used in combination with other filters like RSI, MA, price action, or volume. Visual Interpretation Green line (positive c) represents bullish momentum. Red line (negative c) represents bearish momentum. Gray lines (o, h, l) help visualize averages and wicks of the price move for better understanding of the internal price dynamics. Conclusion The Percent Change of Range Candles indicator is useful for: Tracking medium-term price momentum. Detecting overbought/oversold conditions. Identifying consolidation phases and possible reversals. For best results, use it in combination with other indicators and with a broader view of market context (e.g., higher timeframes).
Pine Script® indicator
by Aleksin_Aleksandar
Relative Strength Triple MA ConfluenceThis tool highlights moments of strong outperformance based on three customizable moving averages of an asset's relative strength vs a benchmark (SPY, BTC, etc). ✅ Green candles + triangle-up icon appear when relative strength is above all 3 MAs (short, medium, long) ❌ Red triangle-down appears when full confluence is lost 🔧 Fully customizable MA types (EMA or SMA), lengths, and benchmark Ideal for traders seeking high-conviction confirmation based on stacked RS strength.
Pine Script® indicator
by kondor_trades
Volume with High/Low ColoringThe "Volume with High/Low Coloring" indicator is designed to help traders visually differentiate between high, low, and normal volume bars relative to recent historical averages. By applying dynamic color coding and customizable thresholds, this indicator enhances volume analysis and improves your ability to spot key moments of accumulation, distribution, or market inactivity. High Volume: A bar is marked as high volume when it exceeds the average by a customizable multiplier (default is 1.5×) . Low Volume: A bar is considered low volume when it falls below the average by another multiplier (default is 0.5×) . Normal Volume: All bars that fall between the high and low thresholds. Each category is displayed in a different user-selectable color, providing instant visual feedback for volume dynamics. Customizable Colors: High Volume: Light Green (default: semi-transparent green) Low Volume: Light Blue (default: semi-transparent blue) Normal Volume: Yellow (default: semi-transparent yellow) Average Volume Line: Gray (optional reference line)
Pine Script® indicator
by bestindicatorsever
Choppiness ZONE OverlayPurpose This script overlays choppiness zones directly onto the price chart to help traders identify whether the market is trending or ranging. It is designed to filter out low-probability trades during high choppiness conditions. How It Works Calculates the Choppiness Index over a user-defined period using ATR and price range. Divides choppiness into four zones: 30 to 40: Low choppiness, possible trend initiation, shown in yellow. 40 to 50: Moderate choppiness, transition zone, shown in orange. 50 to 60: High choppiness, weakening momentum, shown in red. 60 and above: Extreme choppiness, avoid trading, shown in purple. Highlights each zone with customizable color fills between the high and low of the selected range. Triggers a real-time alert when choppiness exceeds 60. Features Customizable choppiness zones and color settings. Real-time alert when market becomes extremely choppy (choppiness ≥ 60). Visual zone overlay on the price chart. Compatible with all timeframes. Lightweight and responsive for scalping, intraday, or swing trading. Tip Use this tool as a volatility or trend filter. Combine it with momentum or trend-following indicators to improve trade selection.
Pine Script® indicator
by alghamdi_meriam
Sterke Trendwissel SignalenOverview The indicator combines three technical analysis tools to generate strong buy and sell signals: Moving Averages (MA): Short-term (9-period) and long-term (21-period) simple moving averages. Relative Strength Index (RSI): A 14-period RSI to measure overbought and oversold conditions. Volume: A volume multiplier (1.2x) compared to the average volume over 20 periods. Signals The indicator generates two types of signals: Strong Buy: When the short-term MA crosses above the long-term MA (bullish crossover), the relative volume is above the threshold (1.2x average), and the RSI is oversold (< 30). Strong Sell: When the short-term MA crosses below the long-term MA (bearish crossover), the relative volume is above the threshold (1.2x average), and the RSI is overbought (> 70). Visualizations The indicator plots: The short-term MA (blue line) The long-term MA (orange line) "STRONG BUY" labels (green) below the bar when a strong buy signal is generated "STRONG SELL" labels (red) above the bar when a strong sell signal is generated Alerts The indicator sets up alerts for strong buy and sell signals, which can be configured in TradingView's alert system. In summary, this indicator aims to identify strong trend changes by combining moving average crossovers, high volume, and RSI overbought/oversold conditions.
Pine Script® indicator
by Fiona_Dutch
EMA Crossover + SuperTrend Retest//@version=5 indicator("EMA Crossover + SuperTrend Retest", overlay=true) // Inputs for SuperTrend atrLength = input.int(10, "ATR Length", minval=1) Factor = input.float(3.0, "SuperTrend Multiplier", step=0.1) // Calculate EMAs ema13 = ta.ema(close, 13) ema50 = ta.ema(close, 50) ema200 = ta.ema(close, 200) // Calculate SuperTrend = ta.supertrend(Factor, atrLength) // Plot EMAs plot(ema13, "EMA 13", color=color.new(#FF6D00, 0)) plot(ema50, "EMA 50", color=color.new(#2962FF, 0)) plot(ema200, "EMA 200", color=color.new(#00BFA5, 0)) // Plot SuperTrend plot(supertrend, "SuperTrend", color=direction == 1 ? color.rgb(230, 13, 13) : color.rgb(17, 255, 0), linewidth=2) // Trend Conditions uptrendFilter = ema50 > ema200 and close > supertrend downtrendFilter = ema50 < ema200 and close < supertrend // Crossover Conditions with Trend Filter bullishCross = ta.crossover(ema13, ema50) and uptrendFilter bearishCross = ta.crossunder(ema13, ema50) and downtrendFilter // Retest Conditions (Both EMAs and SuperTrend) bullishRetest = bullishCross and (low <= ema50) and (low <= ema200) and (low <= supertrend) bearishRetest = bearishCross and (high >= ema50) and (high >= ema200) and (high >= supertrend) // Plot Signals plotshape(bullishRetest, "Bullish Signal", shape.triangleup, location.belowbar, color=color.green, size=size.small) plotshape(bearishRetest, "Bearish Signal", shape.triangledown, location.abovebar, color=color.red, size=size.small) // Alert Conditions alertcondition(bullishRetest, "Bullish Alert", "EMA13↑50 + Retest 50/200/SuperTrend") alertcondition(bearishRetest, "Bearish Alert", "EMA13↓50 + Retest 50/200/SuperTrend")
Pine Script® indicator
by kumarmailkumar89
Double Inside Bar Alert (1-1 Only)Double Inside Bar Alert Indicator Stay ahead of breakout opportunities with our Double Inside Bar Alert Indicator. This tool automatically scans your watchlist and notifies you in real-time whenever a double inside bar pattern appears—an advanced price action setup known for signaling strong potential breakouts or reversals. Whether you’re a day trader or swing trader, this indicator helps you: Spot consolidation zones early before major price moves Receive instant alerts across your entire watchlist Filter noise and focus on high-probability chart setups Perfect for traders who rely on price action and want to catch momentum shifts as they form.
Pine Script® indicator
by mrf2rev
Discount to Net Asset ValueOverview This indicator helps investors and analysts identify when a company’s stock is trading below or above its intrinsic value. A persistent discount may highlight potential value opportunities, while a sustained premium could signal overvaluation or strong market sentiment. By visually shading the background and plotting the discount/premium percentage, users can quickly screen for undervalued stocks, confirm fundamental research, and make more informed buy or sell decisions. Usage Calculates the Net Asset Value discount (or premium) for any symbol. By default the indicator uses the current chart symbol’s TOTAL_ASSETS, TOTAL_LIABILITIES, and TOTAL_SHARES_OUTSTANDING. You can select another symbol by checking “Use Custom Symbol” and entering the ticker of the other symbol. This is useful for comparing the Discount to NAV across symbols. Shows the percentage discount (or premium) of market capitalization relative to net asset value. Recommended timeframes: daily bars or higher. Reporting Periods: • FQ = Fiscal Quarter • FY = Fiscal Year • TTM = Trailing Twelve Months Note: NAV is pulled on the chosen reporting period (FQ, FY, TTM). By default the background is shaded red to illustrate a discount to NAV and green to illustrate a premium to NAV. This can be toggled in the settings.
Pine Script® indicator
by quickshiftinn