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Indicators and strategies

ADX and DX+- @Peet V.2Step-by-Step Breakdown 1. DX (Directional Index) This is the raw, unsmoothed measure of trend strength for a single period. DX=(∣+DI−-DI)/(∣+DI+-DI)*100 Values range between 0 to 100 The closer the DX is to 100, the stronger the trend (either up or down) 2. ADX (Average Directional Index) ADX is the exponentially smoothed average of the DX over a certain number of periods (default is 14) It reflects trend strength only, not direction If ADX is rising, it means the trend (up or down) is strengthening If ADX is falling, it suggests a weakening trend 📈 How They Work Together First, calculate +DI and -DI (directional movement) From those, compute DX Then average DX over time to get ADX Think of DX as a building block for the more reliable and smoothed ADX. 🔁 Quick Interpretation ADX Trend Strength 0–20 No/weak trend 20–40 Tradable trend 40–60 Strong trend 60+ Very strong (usually short-lived) And the trend direction is determined by whether: +DI > -DI (bullish) -DI > +DI (bearish)
Pine Script® indicator
by noblejewelry
Calc Bot Grid🧠 How to use the Calc Bot Grid indicator The Calc Bot Grid indicator, created by Canhoto Medium, is fully handed over to the community with no copyright restrictions. This means any user can do whatever they want with this script: copy, modify, improve, fix, translate, republish, and freely distribute it, as long as the changes improve the indicator. This is an open and collaborative project designed for developers and traders in the community to evolve and adapt the script to their needs. ✅ Step-by-step usage: Set the cryptocurrency price range: Minimum price (Min Cryptocurrency Price) Maximum price (Max Cryptocurrency Price) Choose the number of grids: This defines how many buy/sell levels will be simulated between the min and max price. Set the leverage: Enter the leverage you want to apply to the profit per grid calculation. Configure fees (optional): Enable or disable Maker, Taker, and Capital fees using the checkboxes. Enter the fee percentages to simulate their impact on profits. Enter your capital amount: Fill in the value you intend to invest in the "Universal Amount" field. Customize the appearance (optional): Adjust colors, label sizes, and label horizontal offset. 📊 What the indicator shows: GD: Price range of the next grid. GP: Percentage difference between grids. GI: Value difference per grid. GCP: Estimated profit per grid with leverage, considering fees if applied. TG: Total expected profit considering all grids. ROI: Estimated percentage return per grid. MF / TF / CM / CT: Estimated fee amounts (Maker Fee, Taker Fee, Capital Maker, Capital Taker), if enabled. All information is displayed as visual labels on the chart, making it easier to analyze price levels directly.
Pine Script® indicator
by Canhoto-Medium
EMA Hierarchy Alternating Alert MarkersThis script allows you to set EMA 5, 13 & 26 in a single indicator. It allows you to set an alert when PCO or NCO happens where 5>13>26 (PCO) or 5<13<26 (NCO). It has been designed in such a way that the alert will only be sounded on the first PCO or NCO. Once a PCO has happened then the next PCO alert will only come after the NCO has happened. This feature helps you to avoid getting multiple alerts specially if you are using a lower timeframe. Scripts: Equities, F&O, Commodity, Crypto, Currency Time Frame: All By TrustingOwl83470
Pine Script® indicator
by trustingOwl83470
UltraAlgoguy Shortband [CuriousB]This is a customized Moving Average Ribbons indicator. The moving average bands for Super/UltraGuppy specs for Scott's Zone Traders UltraAlgoguy (courtesy of Anthony (whom we affectionately know as: Algoguy) for helping me update the specs and showed me how to use it!) are Fast Band ema 10-120 by 2s and Slow Band ema 150-300 by 2s. I was forced to break the indicator into 3 parts since I am unable to include so many plots in a single indicator script...so load #1 longband, #2 shortband then 3# oscillator in order to get the layers z-axis aligned for front to back visuals. The Oscillator shows: distance between the average of the bands as the oscillator line, size of the gap between the bands as the histogram, compression of the bands as dots colored the same as the bands and orange for both compressing simultaneously, trend direction signal on rotation of the trend/slow band and buy and sell signals when the gap is open after crossover and trend is in the same direction. Original code from: QuantVue GMMA Toolkit then modified for UltraGuppy specifications.
Pine Script® indicator
by curiousb
Triple EMA Momentum Oscillator (TEMO) HistogramThis Pine Script code replicates the Python indicator you provided, calculating the Triple EMA Momentum Oscillator (TEMO) and generating signals based on its value and momentum. Explanation of the Code: User Inputs: Allows you to adjust the periods for the short, mid, and long EMAs. Calculate EMAs: Computes the Exponential Moving Averages for the specified periods. Calculate EMA Spreads (Distances): Finds the differences between the EMAs to understand the spread between them. Calculate Spread Velocities: Determines the change in spreads from the previous period, indicating momentum. Composite Strength Score: Weighted calculation of the spreads normalized by the EMA values. Velocity Accelerator: Weighted calculation of the velocities normalized by the EMA values. Final TEMO Oscillator: Combines the spread strength and velocity accelerator to create the TEMO. Generate Signals: Signals are generated when TEMO is positive and increasing (buy), or negative and decreasing (sell). Plotting: Zero Line: Helps visualize when TEMO crosses from positive to negative. TEMO Oscillator: Plotted with green for positive values and red for negative values. Signals: Displayed as a histogram to indicate buy (1) and sell (-1) signals. Usage: Buy Signal: When TEMO is above zero and increasing. Sell Signal: When TEMO is below zero and decreasing. Note: This oscillator helps identify momentum changes based on EMAs of different periods. It's useful for detecting trends and potential reversal points in the market.
Pine Script® indicator
by abhi.docstore
Time LevelsTime Levels is a customizable TradingView indicator designed to mark critical intraday price levels based on specific time inputs. This tool helps traders identify significant Open/High/Low/Close (OHLC) levels, support & resistance (S&R) zones, and potential Judas Swing manipulation points—aligned with selected timeframes and adjusted to any time zone via UTC offset. 🔧 Key Features: OHLC/OLHC Levels: Automatically draws horizontal lines at the candle’s open price for up to four specified time points. Ideal for marking session opens, closes, or key intraday levels. Support & Resistance Zones: Highlights two time-based S&R levels that can help identify discount and premium pricing zones. Judas Swing Detection: Marks potential liquidity grab zones (Judas Swings) at three user-defined times, assisting in identifying manipulation and smart money entry points. Global Timezone Support: Includes a UTC offset input to align levels accurately with your trading session, regardless of your location. Full Customization: Personalize the color, style (solid, dashed, dotted), and thickness of each line independently for OHLC, S&R, and Judas levels. 🛠️ Use Cases: New York / London open price tracking ICT-based SMC level marking Predefined time-based liquidity level visualizations Institutional-level price reactions (e.g., during specific market opens) This indicator is best suited for intraday and short-term (especially ICT) traders looking to bring precision and consistency into their technical analysis framework.
Pine Script® indicator
by errcent
Multi-frame combination signalThis indicator provides signals based on a combination of multiple basic indicators (MACD, RSI, TSI) on three time frames. It can also display moving averages, Bollinger bands, and Ichimoku clouds. The three time frames can be set independently for each indicator. If you check "combination signal", a signal combining each checked basic indicator with "and" will be displayed. If you want to combine each basic indicator with "or", uncheck "combination signal" and check all the indicators you want to use. Each basic indicator can also be combined with five moving averages.
Pine Script® indicator
by yhs7sgsS
5-Day APM for Forex PairsThis script calculates the 5-Day Average Pip Movement (APM) for major Forex pairs. It displays the average daily range (in pips) over the past 5 trading days using true high-low price movement. The script is optimized for clarity and minimalism — showing a single floating label on the main chart for pairs like GBPUSD, USDJPY, EURUSD, etc. Automatically adjusts pip calculation for JPY pairs (×100) and other pairs (×10000). ✅ Great for identifying high-volatility vs low-volatility conditions ✅ Clean design with no clutter ✅ Only works on major FX pairs (whitelisted)
Pine Script® indicator
by deloreanguerrasanchez