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DCA by Vuong Thai v2 %verview of "DCA by Vuong Thai %" – Upgraded Version Main Function: This script automatically detects optimal DCA (Dollar-Cost Averaging) buy points and smart profit-taking zones based on a combination of technical signals: EMA, candlestick patterns, volume, RSI, and price distance from EMA. It helps you optimize capital allocation using a structured averaging-down strategy and exit trades when a target price range is reached. ✅ Buy Logic (Buy Signal) A buy signal is triggered when all of the following conditions are met: Strong bullish candlestick: Green candle with a longer lower wick than upper wick Price is below the EMA → indicating a downtrend Volume is above the moving average (if volume filtering is enabled) Price is at least a certain percentage below the EMA (e.g., ≥ 1%) RSI is below 30 → indicating an oversold condition No repeat buys unless price makes a new low → helps avoid premature entries 👉 When a buy signal appears: A DCA Zone (buy region) is drawn on the chart A label with the corresponding DCA percentage is displayed automatically (e.g., "DCA 5%", "DCA 10%")
Pine Script® indicator
by vuongtv12
Silver Bull Flag Breakout AlertDescription: This script detects a bullish breakout in Silver (XAGUSD) above $37.60, confirming a bull flag continuation pattern on the daily chart. It optionally plots a 21 EMA as a trailing stop and includes a customizable alert condition for trade execution or monitoring. Features: • Alerts on daily close above $37.60 • Optional trailing stop (21 EMA) • Visual breakout marker • Ideal for swing trades targeting $41–$45
Pine Script® indicator
by Djshort1966
RSI PotentialRSI Potential This indicator does more than just track RSI; it measures the "energy" or "fuel" left in a trend. It answers a critical question: how much further can the price move before momentum is exhausted? The key insight is that high momentum often means low potential, and vice versa. This inverse relationship is what allows the indicator to provide powerful, forward-looking signals about trend health and potential reversals. Think of it like a race car: Momentum is the car's current speed. Potential is the amount of fuel left in the tank. A car at top speed (high momentum) is burning fuel rapidly (potential is decreasing). A car just starting (low momentum) has a full tank of fuel (high potential). This indicator helps you see the fuel gauge, not just the speedometer. This indicator plots three distinct components in a separate pane below your chart: 1. Upside Potential (Green Line) What it shows: The percentage price increase required to hit the Overbought RSI Level. In other words, how much "fuel" is left for the upward trend. How to interpret it: Low Value (Approaching Zero): This is a warning sign. It means the price is already in high gear, and there is very little room left to run before hitting overbought exhaustion. Even if the price is rocketing up (high momentum), low potential signals the rally is likely on its last legs. High Value: This indicates the market has a full tank of fuel for a rally. Even if the price is moving sideways or slowly (low momentum), the high potential suggests that if a new uptrend starts, it has the energy to be sustainable and significant. 2. Downside Potential (Red Line) What it shows: The percentage price decrease required to hit the Oversold RSI Level—the "fuel" for a downtrend. How to interpret it: Low Value (Approaching Zero): A warning for bears. The price may be dropping fast (high momentum), but it's running out of energy to fall further. This signals seller exhaustion and increases the probability of a bounce or reversal. High Value: The market has significant room to fall before becoming oversold. This can confirm the health of a new downtrend or suggest that a current downtrend has more to go. 3. Net Potential (Columns / Histogram) What it shows: The net balance of energy: Upside Potential - Downside Potential. It answers, "Which side has more fuel in the tank?"
Pine Script® indicator
by nasu_is_gaji
My Own Trading Principles - for Avoiding Emotional TradingThis indicator lets you clearly mark your personal trading principles right on the chart. Far too often, traders dive into the market without clear guidelines, only to find themselves facing substantial losses and ultimately stepping away discouraged. Imagine having your own carefully-crafted set of trading rules?tailored just for you. By adhering to these principles, you can better manage risks, limit losses, and build a sustainable, long-term approach to trading. Writing notes on your monitor or jotting them down on random sticky pads can be forgettable?and let's admit it, we've all misplaced a note or two! Why not keep your rules clearly visible directly on your chart, guiding your trades with consistency and confidence? When I first began trading, my mentors consistently emphasized the importance of having my own set of trading principles. And guess what?they were right! It really does matter. I've included numerous menu options so you can freely customize its appearance. This script is open-source; feel free to modify and adapt it to your own needs.
Pine Script® indicator
by RUpward
Volume-Confirmed Price Momentum# **Volume-Confirmed Price Momentum (VCPM) Indicator** ## **🔍 Overview** Introducing the **Volume-Confirmed Price Momentum (VCPM)**, a sophisticated dual-metric indicator designed to identify high-probability momentum moves by analyzing the relationship between price action and volume dynamics. This indicator combines correlation analysis with volume strength validation to filter out weak signals and highlight institutional-backed movements. --- ## **⚙️ Core Mechanics** **Price-Volume Correlation Engine:** - Calculates real-time correlation between price movements and volume - Configurable lookback period (default: 8 bars) - Option to use price changes or absolute values - Correlation range: -1.0 (perfect negative) to +1.0 (perfect positive) **Volume Strength Analyzer:** - Compares current volume against its moving average (default: 128 periods) - Normalizes volume ratio to 0-1 scale for consistent interpretation - Identifies when volume significantly exceeds historical norms --- ## **📊 Signal Generation** ### **🟢 Bullish Confirmation Signal** **Trigger:** Positive correlation > 0.6 + Volume ratio > 0.5 - Price and volume moving in harmony upward - Above-average volume confirms the move - Indicates strong institutional buying interest ### **🔴 Bearish Confirmation Signal** **Trigger:** Negative correlation < -0.6 + Volume ratio > 0.5 - Price declining with increasing volume - Suggests distribution or institutional selling - High-confidence bearish momentum --- ## **🎯 Trading Applications** **Breakout Validation:** Filter false breakouts by requiring volume confirmation before entering positions. **Trend Continuation:** Identify when existing trends have strong volume backing for continuation plays. **Distribution Detection:** Spot potential tops when price struggles despite high volume (negative correlation). **Entry Timing:** Built-in alert system notifies when both conditions align for optimal entry points. --- ## **🔧 Customization Features** - **Correlation Period:** Adjust sensitivity (2-500 bars) - **Volume Averaging:** Modify volume comparison timeframe - **Alert Thresholds:** Fine-tune correlation and volume ratio triggers - **Visual Options:** Toggle volume histogram display - **Price Source:** Choose from OHLC or custom sources --- ## **💡 Why VCPM Works** Traditional momentum indicators often generate false signals during low-volume periods. VCPM solves this by requiring **dual confirmation**: price momentum must be supported by corresponding volume activity. This approach: - Reduces whipsaws and false breakouts - Identifies institutional participation - Provides higher conviction trade setups - Works across all timeframes and markets --- ## **📈 Best Use Cases** ✅ **Crypto markets** (high volatility, volume-driven) ✅ **Stock breakouts** (earnings, news events) ✅ **Forex majors** (during high-impact news) ✅ **Futures trading** (momentum confirmation) --- ## **⚠️ Important Notes** - Works best in liquid markets with consistent volume data - Combine with support/resistance levels for enhanced accuracy - Consider market context (trending vs. ranging conditions) - Not recommended for extremely low-volume periods --- ## **🚀 Getting Started** 1. Add VCPM to your chart as a sub-panel indicator 2. Configure correlation threshold (start with 0.6) 3. Set volume ratio threshold (start with 0.5) 4. Enable alerts for automated signal detection 5. Backtest on your preferred timeframe and instrument --- **Ready to enhance your momentum trading with volume confirmation? Try VCPM and experience the difference institutional-backed signals can make in your trading results.** *Available in Pine Script v6 - Compatible with all TradingView accounts*
Pine Script® indicator
by didaz
Multiplied and Divided Moving Average Customize Settings: Access the indicator settings to adjust: MA Type (SMA, EMA, WMA, VWMA, RMA) MA Length (default: 14) Multiply Factor (default: 5.0) Divide Factor (default: 5.0) Source (default: close) Show Buy/Sell Labels (default: enabled) Blue line: Base moving average. Green line: Moving average multiplied by the specified factor. Red line: Moving average divided by the specified factor. "Buy" label: Appears when price crosses below the red line (potential oversold signal). "Sell" label: Appears when price crosses above the green line (potential overbought signal). The Buy/Sell labels are based on price crossing the multiplied/divided lines, which may produce signals in volatile markets. Test the indicator in your trading context to ensure it aligns with your strategy. The showLabels toggle allows you to declutter the chart if desired.
Pine Script® indicator
by bfrahm73
Daily 50‑ & 200‑SMA Ceiling Radar — EnhancedDescription: This custom TradingView indicator, developed by Trader Malik and licensed under Trades Per Minute, is a powerful visual tool for identifying how price behaves relative to major daily moving averages — the 50-SMA and 200-SMA. It helps traders quickly understand key technical dynamics such as trend alignment, MA proximity, and short-term momentum sentiment — all displayed on a clean, minimal overlay with visual alerts and an adjustable data table. FEATURES 1. Daily 50 & 200 Simple Moving Averages (SMA):** - Displayed directly on the chart using distinct blue and orange lines. - These serve as primary trend filters and support/resistance zones. 2. Price Highlighting: - A red background flashes momentarily when the price crosses either the 50-SMA or 200-SMA. - A green background fills the chart when price is above both MAs (bullish zone). - A red background persists if price is below both MAs (bearish zone). 3. MA Gap Analysis Table: - 50-SMA Row**: Shows % gap between 50-SMA and 200-SMA. - 200-SMA Row**: Shows % gap between 200-SMA and 50-SMA. - Sentiment Row**: Displays short-term trend bias based on the slope of the past 7 daily closes — Bullish, Neutral, or Bearish. USER SETTINGS Table Location: Choose between **Top Right** or **Bottom Right** of the chart. Table Size: Select **Small**, **Medium**, or **Large** to suit screen preferences and layout aesthetics. This script is **intellectual property of Trades Per Minute** and distributed by **Trader Malik** for use under licensing terms. Redistribution or repurposing without authorization is strictly prohibited.
Pine Script® indicator
by malik_hameem
Smart BB Reversal + Tick Volume Table [NR]This script combines: Smart Bollinger Band Reversal Detection to identify high-probability reversal zones, A real-time tick volume table showing Buy vs Sell strength over the last 10 trades (ticks), Color-coded candles for trend clarity, Buy/Sell signals based on volume pressure and support/resistance touches. ✅ Ideal for intraday and scalping traders. ✅ Works best on Nifty, BankNifty, and Gold. ✅ No repaint. ✅ Clear entry & exit with visual confirmations. Use with Bollinger Band and MACD confirmation for best results.
Pine Script® indicator
by Nandakumar339
Bank Nifty VWAP + RSI Alert//@version=5 indicator("Bank Nifty VWAP + RSI Alert", overlay=true) // VWAP vwapValue = ta.vwap // RSI rsiValue = ta.rsi(close, 14) // Conditions longCondition = close > vwapValue and rsiValue > 60 shortCondition = close < vwapValue and rsiValue < 40 // Plot signals on chart plotshape(longCondition, style=shape.labelup, color=color.green, text="CALL") plotshape(shortCondition, style=shape.labeldown, color=color.red, text="PUT") // Alert conditions alertcondition(longCondition, title="CALL Alert", message="Bank Nifty crossed above VWAP + RSI > 60 - Consider Call") alertcondition(shortCondition, title="PUT Alert", message="Bank Nifty crossed below VWAP + RSI < 40 - Consider Put")
Pine Script® indicator
by sankrotsameer
High Selling Point Reversal V6.0Criteria combined for a "High Selling Point" signal: Best used for exiting long positions or entering shorts Overbought Condition (RSI): Purpose: Ensures the asset has had a significant run-up and is potentially exhausted. Criteria: RSI (Relative Strength Index) is above a certain threshold (e.g., 70 or 80). Bearish Candlestick Reversal Pattern: Purpose: Identifies specific price action that indicates a shift from buying to selling pressure. Criteria: We can implement detection for one or more strong bearish patterns. A good starting point would be: Bearish Engulfing: A bearish candle whose real body completely covers the previous bullish candle's real body. This is a very strong two-candle reversal signal. Shooting Star: A candle with a small real body at the lower end of the range, a long upper shadow, and little to no lower shadow. It signifies rejection of higher prices. Evening Star: A three-candle pattern: a large bullish candle, followed by a small-bodied candle (the "star"), and then a large bearish candle. This is a powerful top reversal. Negative Divergence (Optional but powerful): Purpose: Indicates weakening momentum despite price continuing to rise, suggesting underlying weakness. Criteria: Price makes a higher high, but a momentum oscillator (like RSI or MACD) makes a lower high. Combine with other indicators for confluence
Pine Script® indicator
by SummonK76