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CPR BEAST with Previous Day High/Low, SMA, EMA, VWAP by MRS*Indicator Name: **CPR BEAST with EMAs, VWAP & Previous Day High/Low by Rajasekhar Muvvala** Description: This powerful indicator combines **Central Pivot Range (CPR)**, **Daily/Weekly/Monthly Pivot Points**, **Moving Averages (SMA, EMA, 200-Day EMA)**, **Volume Weighted Average Price (VWAP)**, and **Previous Day High/Low** into a single, easy-to-use tool for traders. It is designed to help traders identify key support and resistance levels, trends, and potential reversal zones across multiple timeframes. Key Features: 1. Central Pivot Range (CPR): - CPR is calculated based on daily pivot points and includes three lines: "Central Pivot (CP)", "Bottom Central Pivot (BC)", and "Top Central Pivot (TC)". - Enabled by default but can be toggled off from the settings. - Customizable colors for all three lines. 2. Daily Pivot Points: - Includes **Support (S1, S2, S3)** and **Resistance (R1, R2, R3)** levels. - Levels 1 and 2 (S1/R1, S2/R2) are enabled by default, while Level 3 (S3/R3) can be optionally displayed. - Resistance lines are red, and Support lines are green by default (colors customizable). 3. Weekly and Monthly Pivot Points: - Weekly and Monthly pivots include **Pivot**, **Support (S1, S2, S3)**, and **Resistance (R1, R2, R3)** levels. - Weekly levels are displayed as crossed (`+`) lines, while Monthly levels are displayed as circled (`o`) lines for better visual distinction. - All weekly and monthly levels are optional and can be toggled on/off. 4. Moving Averages: - Includes **Simple Moving Average (SMA)**, **Exponential Moving Average (EMA)**, and **200-Day EMA**. - Customizable lengths and colors for each moving average. - Helps identify trends and potential entry/exit points. 5. Volume Weighted Average Price (VWAP): - Displays VWAP for intraday trading. - Can be toggled on/off and customized for color. 6. Previous Day High/Low: - Highlights the "Previous Day High" and "Previous Day Low" on the chart. - Useful for identifying breakout or reversal zones. - Customizable colors for both high and low levels. 7. Visibility Settings: - All pivot points, CPR, VWAP, and previous day high/low are "hidden on daily and above timeframes" by default. - Ensures the indicator is optimized for intraday trading. 8. Customization Options: - Toggle visibility of CPR, pivot points, moving averages, VWAP, and previous day high/low. - Customize colors, lengths, and styles for all elements. - Adjust input sources for calculations (e.g., close, open, etc.). --- How to Use: Intraday Trading: Use the CPR and daily pivot points to identify key support and resistance levels. Combine these with VWAP and moving averages to confirm trends and find potential entry/exit points. Swing Trading: Use weekly and monthly pivot points to identify longer-term support and resistance zones. Breakout Trading: Monitor the previous day's high and low for potential breakout opportunities. Trend Analysis: Use the moving averages (SMA, EMA, 200-Day EMA) to identify the overall trend direction. --- Default Settings: - **CPR**: Enabled by default (Central Pivot line cannot be disabled). - **Daily Pivot Points**: Levels 1 and 2 (S1/R1, S2/R2) are enabled by default. - **Weekly/Monthly Pivot Points**: Disabled by default (can be enabled from settings). - **Moving Averages**: SMA (20), EMA (21), and 200-Day EMA are enabled by default. - **VWAP**: Enabled by default. - **Previous Day High/Low**: Enabled by default. --- Customization Options: - **CPR**: - Enable/Disable CPR lines. - Customize colors for CP, BC, and TC lines. - **Pivot Points**: - Enable/Disable daily, weekly, and monthly pivot points. - Customize colors for support and resistance levels. - **Moving Averages**: - Adjust lengths for SMA, EMA, and 200-Day EMA. - Customize colors for each moving average. - **VWAP**: - Enable/Disable VWAP. - Customize color. - **Previous Day High/Low**: - Enable/Disable previous day high/low. - Customize colors for high and low levels. --- Best Practices: 1. **Combine Indicators**: Use CPR and pivot points in conjunction with moving averages and VWAP to confirm trends and identify high-probability trading setups. 2. **Timeframe Optimization**: The indicator is designed for intraday trading, so it hides unnecessary elements on daily and above timeframes. 3. **Color Coding**: Customize colors to match your chart theme and improve readability. 4. **Backtesting**: Test the indicator on historical data to understand how it behaves in different market conditions. --- Disclaimer: This indicator is intended for educational and informational purposes only. It does not provide financial advice or guarantee profits. Always conduct your own research and consult with a professional before making trading decisions.
Pine Script® indicator
by mrsekhar
Pinbar DetectorFinding a pinbars on m5 timeframe. In order for the indicator to search for pinbars specifically on the M5 timeframe (5 minutes), you need to set this value in the tf parameter by default. In the current code, the timeframe is set via input.timeframe, and you can either change it manually in the indicator settings after adding it to the chart, or set M5 directly in the code. Here's how to do it: Change in code: In the line with input.timeframe, replace the default value "D" with "5" (in Pine Script, timeframes are designated as follows: "5" for 5 minutes, "15" for 15 minutes, "60" for 1 hour, etc.).
Pine Script® indicator
by Feran111
Engulfing Candle Pattern (Strict)Indicator Name : Engulfing Candle Pattern (Strict) Purpose : The Engulfing Candle Pattern Indicator is designed to identify and visually mark bullish and bearish engulfing patterns on a price chart. These patterns are powerful reversal signals in technical analysis, often used by traders to spot potential trend changes. The indicator ensures strict adherence to the definition of engulfing patterns, making it reliable for identifying high-probability setups. What It Does : Identifies Engulfing Patterns : The indicator scans the price data for candles that meet the criteria of either a bullish engulfing or bearish engulfing pattern . A bullish engulfing occurs when a green (bullish) candle fully engulfs the body and wicks of the previous red (bearish) candle and closes above its high. A bearish engulfing occurs when a red (bearish) candle fully engulfs the body and wicks of the previous green (bullish) candle and closes below its low. Marks Patterns Visually : Bullish engulfing patterns are marked with a green upward triangle below the candle. Bearish engulfing patterns are marked with a red downward triangle above the candle. Optional labels ("Bullish" or "Bearish") provide additional context. Highlights Candles : Engulfing candles are highlighted with semi-transparent colors: Green for bullish engulfing. Red for bearish engulfing. Ensures Strict Conditions : The current candle must fully cover the entire body and wicks of the previous candle. The current candle must close above the previous candle's high (for bullish) or below the previous candle's low (for bearish).
Pine Script® indicator
by gomaa199910
RSI14 + EMA9 + WMA45, with price ladderSummary of Main Functions ✅ Displays RSI along with EMA and WMA: Plots the 14-period RSI, 9-period EMA, and 45-period WMA to analyze price momentum. ✅ Determines price levels corresponding to specific RSI values: Calculates and displays the price needed for RSI to reach predefined levels (e.g., 20, 30, 40, 50, 60, 70, 80). ✅ Displays price labels on the chart: Adds target price labels to make it easier to identify key price zones based on RSI. Practical Applications 🔹 Identifies potential price levels when RSI reaches key thresholds, helping predict price momentum. 🔹 Supports RSI-based trading: Traders can use this information to set buy/sell strategies at specific RSI levels. 🔹 Tracks RSI trends with EMA and WMA: EMA reacts quickly to price changes, while WMA smooths out long-term trends.
Pine Script® indicator
by dangtunglam14
RSI Price LadderSummary of Main Functions ✅ Converts RSI values into corresponding price levels: Helps predict how much the price needs to change to reach a specific RSI value. ✅ Displays labels and horizontal lines on the chart: Makes it easy to observe key price levels related to RSI. ✅ Provides dynamic RSI levels: RSI, EMA RSI, and WMA RSI are all plotted as target price levels. Practical Applications 🔹 Identify potential price levels when RSI reaches overbought or oversold zones. 🔹 Support RSI-based trading: Traders can place buy/sell orders based on RSI target prices. 🔹 Monitor dynamic RSI trends with EMA and WMA lines.
Pine Script® indicator
by dangtunglam14
Spent Output Profit Ratio (SOPR) Z-Score | [DeV]SOPR Z-Score The Spent Output Profit Ratio (SOPR) is an advanced on-chain metric designed to provide deep insights into Bitcoin market dynamics by measuring the ratio between the combined USD value of all Bitcoin outputs spent on a given day and their combined USD value at the time of creation (typically, their purchase price). As a member of the Realized Profit/Loss family of metrics, SOPR offers a window into aggregate seller behavior, effectively representing the USD amount received by sellers divided by the USD amount they originally paid. This indicator enhances this metric by normalizing it into a Z-Score, enabling a statistically robust analysis of market sentiment relative to historical trends, augmented by a suite of customizable features for precision and visualization. SOPR Settings - Lookback Length (Default: 150 days): Determines the historical window for calculating the Z-Score’s mean and standard deviation. A longer lookback captures broader market cycles, providing a stable baseline for identifying extreme deviations, which is particularly valuable for long-term strategic analysis. Smoothing Period (Default: 100 days): Applies an EMA to the raw SOPR, balancing responsiveness to recent changes with noise reduction. This extended smoothing period ensures the indicator focuses on sustained shifts in seller behavior, ideal for institutional-grade trend analysis. Moving Average Settings - MA Lookback Length (Default: 90 days): Sets the period for the Z-Score’s moving average, offering a shorter-term trend signal relative to the 150-day Z-Score lookback. This contrast enhances the ability to detect momentum shifts within the broader context. MA Type (Default: EMA): Provides six moving average types, from the simple SMA to the volume-weighted VWMA. The default EMA strikes an optimal balance between smoothness and responsiveness, while alternatives like HMA (Hull) or VWMA (volume-weighted) allow for specialized applications, such as emphasizing recent price action or incorporating volume dynamics. Display Settings - Show Moving Average (Default: True): Toggles the visibility of the Z-Score MA plot, enabling users to focus solely on the raw Z-Score when preferred. Show Background Colors (Default: True): Activates dynamic background shading, enhancing visual interpretation of market regimes. Background Color Source (Default: SOPR): Allows users to tie the background color to either the SOPR Z-Score’s midline (reflecting adjustedZScore > 0) or the MA’s trend direction (zScoreMA > zScoreMA ). This dual-source option provides flexibility to align the visual context with the primary analytical focus. Analytical Applications - Bear Market Resistance: When the Z-Score approaches or exceeds zero (raw SOPR near 1), it often signals resistance as sellers rush to exit at break-even, a pattern historically observed during downtrends. A rising Z-Score MA crossing zero can confirm this pressure. Bull Market Support: Conversely, a Z-Score dropping below zero in uptrends indicates reluctance to sell at a loss, forming support as sell pressure diminishes. The MA’s bullish coloring reinforces confirmation of renewed buying interest. Extreme Deviations: Values significantly above or below zero highlight overbought or oversold conditions, respectively, offering opportunities for contrarian positioning when paired with other on-chain or price-based metrics.
Pine Script® indicator
by DeVrizii
PumpC Opening Range Breakout (ORB) Stretch RangePumpC ORB Stretch The PumpC ORB Stretch is a volatility-based indicator that helps traders identify potential breakout zones by analyzing how price typically behaves around the open. This tool is inspired by concepts introduced by Toby Crabel in his well-known book “Day Trading with Short-Term Price Patterns and Opening Range Breakout.” Rather than predicting market direction, this indicator highlights areas where price is likely to expand based on recent volatility. It is designed for traders who prefer dynamic, data-driven breakout levels over static support and resistance zones. What Is the "Stretch"? In Toby Crabel’s framework, the Stretch is the average of the smaller of two price moves: The distance from the open to the high of the bar The distance from the open to the low of the bar This smaller value captures the “quiet side” of the candle and reflects recent price compression. Averaged over multiple periods (commonly 10 daily bars), it creates a baseline to assess how far price may move away from the open under typical market conditions. How the Indicator Works The PumpC ORB Stretch follows this process: Uses a higher timeframe (such as daily) to calculate the open, high, and low. For each bar, measures the smaller of the two distances: open to high or open to low. Applies a moving average to the result over a user-defined number of bars (default is 10). Multiplies the average stretch by customizable levels (e.g., 0.382, 1.0, 2.0). Plots breakout levels above and below the open of the selected timeframe. The result is a set of adaptive levels that expand or contract with market volatility. Customization Options Stretch Timeframe: Choose the timeframe used for stretch calculation (default: Daily). Stretch Length: Set the number of bars to include in the moving average. Breakout Levels: Enable or disable individual levels and define multipliers. Color Settings: Customize colors for each range level for easy visual distinction. Plot Style: Circular markers are used to reduce chart clutter and improve readability. How to Use It Use plotted levels to anticipate possible breakouts from the open. Adjust stretch length to reflect short-term or longer-term volatility trends. Combine this tool with momentum indicators, volume, or price action for confirmation. Use levels to help guide stop placement or profit targets in breakout strategies. Important Notes This script is based on an interpretation of Crabel’s concepts and is not affiliated with Crabel Capital or the original author. The indicator does not predict direction; it is a tool for context and structure. It is recommended that users test and validate this tool in a simulated environment before applying it to live trading. This indicator is intended for educational purposes only. Licensing and Attribution This script is built entirely in Pine Script v5 and follows TradingView’s open-source standards. It does not include any third-party or proprietary code. If you modify or share it, please credit the original idea and follow all TradingView script publishing rules.
Pine Script® indicator
by PumpCTrader
Posaunist 4h j1 • Title: 4-Hour Opening Price with Trendline and Label on the Right (Customizable Time Zone) • Description: “This indicator plots horizontal lines at every 4-hour interval (00:00, 04:00, 08:00, etc.) with customizable labels showing the opening price. Users can choose to display or hide the time and price labels for each interval, with the option to adjust the color, width, transparency, and size of the labels and trendlines. Additionally, users can select their time zone offset.”
Pine Script® indicator
by Posaunist
20EMA📈 20 EMA Multi-Period Indicator This indicator displays 20 Exponential Moving Averages (EMA) with customizable periods ranging from 10 to 200. It helps visualize market dynamics by overlaying multiple EMAs on the price chart. 🔥 Features: ✅ Fully customizable 20 EMAs (period & price source) ✅ Ideal for identifying short, medium, and long-term trends ✅ Suitable for scalping, day trading, and swing trading ✅ Works as an overlay directly on the price chart ⚙️ Customizable Settings: EMA Periods: Adjust each EMA length to match your strategy Price Source: Choose between close, open, high, low, etc. 💡 How to Use: A strong trend is confirmed when EMAs are aligned in one direction Crossovers between EMAs may indicate trend reversals EMAs can act as dynamic support and resistance levels Add this indicator to your trading toolkit to analyze trends and optimize your trade entries and exits! 🚀📊
Pine Script® indicator
by myflash
BTC High-Win Strategy### 📌 **BTC High-Win Strategy (Short Only) - TradingView Indicator** This **short-only** indicator is designed for Bitcoin traders who focus on high-probability shorting opportunities. It integrates multiple confirmation signals to ensure **accurate entry and exit points** in bearish conditions. ### **🔹 Key Features:** ✅ **Trend Confirmation:** Uses the **200 EMA** to ensure trades align with the dominant bearish trend. ✅ **Momentum & Reversal Signals:** Detects overbought conditions with **RSI (Relative Strength Index) & Bollinger Bands**. ✅ **Breakout Confirmation:** Uses **VWAP (Volume-Weighted Average Price) & ATR** for volatility-based entries. ✅ **Sell Signals:** - **Sell (Trend-Following):** When **MACD crosses below Signal Line**, price is under **200 EMA**, and RSI < 50. - **Sell (Reversal):** When price hits the **upper Bollinger Band**, RSI > 70, and crosses down. 🔴 **Red Down Arrows** → Strong Short Entry 🟠 **Orange Down Arrows** → Overbought Short Entry ### **📌 How to Use:** 1️⃣ Copy and paste the script into **TradingView’s Pine Editor**. 2️⃣ Click **Add to Chart** to activate it. 3️⃣ **Enter Shorts** when a signal appears and confirm with volume analysis. 4️⃣ **Exit** based on next support level or **RSI returning to neutral**. Would you like me to optimize it further for **scalping or swing trading?** 🚀
Pine Script® indicator
by chanzkiebagatua5
Money printer machine update - By Farshid Ehsani]Ready to take your trend-following strategy to the next level? Say hello to Zero Lag Trend Signals, a precision-engineered Pine Script™ indicator designed to eliminate lag and provide rapid trend insights across multiple timeframes. 💡 This tool blends zero-lag EMA (ZLEMA) logic with volatility bands, trend-shift markers, and dynamic alerts. The result? Timely signals with minimal noise for clearer decision-making, whether you're trading intraday or on longer horizons How It Works 🧠 The script calculates the zero-lag EMA (ZLEMA) by compensating for data lag, giving traders more responsive moving averages. It checks for volatility shifts using the Average True Range (ATR), multiplied to create upper and lower deviation bands. If the price crosses above or below these bands, it marks the start of new trends. Additionally, the indicator aggregates trend data from up to five configurable timeframes and displays them in a neat summary table. This helps you confirm trends across different intervals—ideal for multi-timeframe analysis. The visual signals include upward and downward arrows on the chart, denoting potential entries or exits when trends align across timeframes. Traders can use these cues to make well-timed trades and avoid lag-related pitfalls.
Pine Script® indicator
by Farshidehsani
2
Rainbow Bands🌈 Rainbow Bands Indicator 🌈 The Rainbow Bands indicator is a dynamic tool designed to help traders identify potential trends with ease. It uses a series of 15 Exponential Moving Averages (EMAs) ranging from 9 to 51 periods to create a colorful representation of market momentum. When the EMAs align to form a rainbow 🌈, it signals a potential uptrend, while an upside-down rainbow 🌧️ suggests a possible downtrend. This intuitive visual layout helps traders quickly assess the market direction, reducing the need for multiple indicators. 📊 How It Works 📊 The Rainbow Bands indicator smooths out price fluctuations by blending shorter and longer-term EMAs. As the EMAs stack in order from short to long, they create a "rainbow" effect that is easy to spot on the chart. This method not only offers trend confirmation but also shows market strength and potential reversal points. Whether you're a scalper or swing trader, the Rainbow Bands add another layer of clarity to your trading decisions. 🚀 How To Use It 🚀 To step up your trading game, simply use the Rainbow Bands as a confirmation tool in your strategies. Look for the rainbow pattern to indicate a strong uptrend and the upside-down rainbow to highlight possible downtrends. By incorporating this indicator into your toolkit, you'll have a visual, reliable source of confirmation that can help improve your win rate. Add it to your charts and see how it elevates your trading strategy today!
Pine Script® indicator
by ftwtactical
Barras de resiliencia contra el mercadoRelative strength vs market indicator 🎯 main goal: To visually detect when a stock shows relative strength against the S&P 500, especially on down days in the market. The indicator helps identify stocks that: Go up while the SP500 goes down Fall less than the SP500 🟩 solid green bar (upward) Condition: SP500 closes negative, your stock closes positive. Color: solid green Meaning: strong relative strength. The stock goes up while the market drops. Example: SP500: -1.2% Stock: +1.5% Difference: +2.7% → green bar going up 🟧 light orange bar (upward) Condition: SP500 closes negative, your stock also drops, but less than the SP500. Color: light orange Meaning: resilience. Still a down day, but the stock shows relative strength. Example: SP500: -2.0% Stock: -0.5% Difference: +1.5% → light orange bar going up 🟥 red bar (downward) Condition: SP500 closes negative, your stock drops more than the index. Color: solid red Meaning: clear weakness. The stock is underperforming in a weak market. Example: SP500: -0.8% Stock: -2.0% Difference: -1.2% → red bar going down 🟩 light green bar (upward) Condition: SP500 closes positive, your stock outperforms the index (goes up more). Color: light green (50% opacity) Meaning: relative strength in a strong market. Not as critical, but still positive. Example: SP500: +0.5% Stock: +1.5% Difference: +1.0% → light green bar going up 🟩 light green bar (downward) Condition: SP500 closes positive, but your stock underperforms (gains less or even drops). Color: light green (50% opacity) Meaning: underperformance on a strong day. The stock lags the index. Example 1: SP500: +1.8% Stock: +0.5% Difference: -1.3% → light green bar going down Example 2: SP500: +1.0% Stock: -0.5% Difference: -1.5% → light green bar going down
Pine Script® indicator
by er_pepe