Smart Money Breakout Signals [AlgoAlpha]Introducing the Smart Money Breakout Signals, a cutting-edge trading indicator designed to identify key structural shifts and breakout opportunities in the market. This tool leverages a blend of smart money concepts like Break of Structure (BOS) and Change of Character (CHoCH) to provide traders with actionable insights into market direction and potential entry or exit points.
Key Features :
✨ Market Structure Analysis : Automatically detects and labels BOS and CHoCH for trend confirmation and reversals.
🎨 Customizable Visualization : Tailor bullish and bearish colors for breakout lines and signals to suit your preferences.
📊 Dynamic Take-Profit Targets : Displays three tiered take-profit levels based on breakout volatility.
🔔 Real-Time Alerts : Stay ahead of the game with notifications for bullish and bearish breakouts.
📋 Performance Dashboard : Monitor signal statistics, including win rates and total signals, directly on your chart.
How to Use :
Add the Indicator : Add the script to your favourites ⭐ and customize settings like market structure horizon and confirmation type.
Monitor Breakouts : Observe BOS and CHoCH labels to identify potential trend shifts. Use the breakout lines and tiered take-profit levels to plan trades effectively.
Set Alerts : Enable alerts for bullish or bearish breakouts to act on opportunities without constant monitoring.
How It Works :
The indicator identifies market structure by analyzing pivot highs and lows over a user-defined time horizon. A breakout is confirmed based on either candle closes or wicks surpassing previous pivot points. Upon detection, the script generates signals with breakout lines and calculates take-profit targets based on the distance from the breakout level. A built-in dashboard tracks performance metrics like total signals and win rates, giving traders real-time feedback on strategy effectiveness.
Trend Analysis
Half-Trend Channel [BigBeluga]Half Trend Channel is a powerful trend-following indicator designed to identify trend direction, fakeouts, and potential reversal points. The combination of upper/lower bands, midline coloring, and specific signals makes it ideal for spotting trend continuation and market reversals.
The base of the channel is calculated using smoothed half-trend logic.
// Initialize half trend on the first bar
if barstate.isfirst
hl_t := close
// Update half trend value based on conditions
switch
closeMA < hl_t and highestHigh < hl_t => hl_t := highestHigh
closeMA > hl_t and lowestLow > hl_t => hl_t := lowestLow
=> hl_t := hl_t
// Smooth
float s_hlt = ta.hma(hl_t, len)
🔵 Key Features:
Upper and Lower Bands:
The bands adapt dynamically to market volatility.
Price movements toward the bands help identify areas of overextension and potential reversal points.
Midline Trend Signal:
The midline changes color to reflect the current trend:
Green Midline: Indicates an uptrend.
Purple Midline: Signals a downtrend.
Fakeout Signals ("X"):
"X" markers appear when price briefly breaches the outer bands but fails to sustain the move.
Fakeouts help traders identify areas where price momentum weakens.
Reversal Signals (Triangles):
Triangles (▲ and ▼) mark potential tops and bottoms:
▲ Up Triangles: Suggest a potential bottom and a reversal to the upside.
▼ Down Triangles: Indicate a potential top and a reversal to the downside.
Dynamic Trend Labels:
At the last bar, the indicator displays labels like "Trend Up" or "Trend Dn" , reflecting the current trend direction.
🔵 Usage:
Use the colored midline to determine the overall trend direction.
Monitor "X" fakeout signals to spot failed breakouts or momentum exhaustion near the bands.
Watch for reversal triangles (▲ and ▼) to identify potential trend reversals at tops or bottoms.
Combine the bands and midline signals to confirm trade entries and exits:
Enter long trades when price bounces off the lower band with a green midline.
Consider short trades when price reverses from the upper band with a purple midline.
Use the trend label (e.g., "Trend Up" or "Trend Dn") for quick confirmation of the current market state.
The Half Trend Channel is an essential tool for traders who want to follow trends, avoid fakeouts, and identify reliable tops and bottoms to optimize their trading decisions.
HTF CandlestickHTF Candlestick
This indicator that visualizes a specific candle from a user-defined timeframe (1D, 1H, etc.) and its associated properties on the chart. Below is a detailed explanation:
1 - Inputs and Initialization:
timeframeInput: Allows the user to select the desired timeframe (e.g., daily).
pos: Adjusts the horizontal position of the drawn candle on the chart.
2 - Custom Data Type (type bar):
The bar type stores data for the open, high, low, and close (OHLC) values, as well as the start time of the candle.
It also includes graphical elements like body, wick, and start lines.
3 - Logic:
A variable b is initialized to represent the custom candle.
The script checks for changes in the selected timeframe and creates a new bar when the timeframe changes.
4 - Methods:
update(): Updates the OHLC values of the bar if a new high or low occurs.
display(): Draws the candle on the chart, including:
The candle body.
The wick (shadow).
Labels showing the open, high, and low values.
Horizontal and vertical dotted lines for visual aid.
5 - Candle Redrawing:
The script clears all graphical elements (lines, labels, boxes) for the current candle on the last bar of the chart (barstate.islast) and redraws them using the display() method.
6 - Table Display:
A small table is displayed at the right-hand side of the chart showing:
The selected timeframe.
The opening value of the candle.
The difference between the close and open prices, highlighted with the appropriate color.
Kod Açıklaması
Bu Pine Script, kullanıcı tarafından seçilen bir zaman dilimine (1D, 1H vb.) ait bir mum çubuğunu ve onun özelliklerini grafik üzerinde görselleştiren özel bir indikatördür. İşte detaylı açıklaması:
1- Girdiler ve Başlangıç:
timeframeInput: Kullanıcının istediği zaman dilimini seçmesine olanak tanır (ör. günlük).
pos: Çizilen mumun grafikte yatay pozisyonunu ayarlamak için kullanılır.
2 - Özel Veri Tipi (type bar):
bar türü, açılış, yüksek, düşük ve kapanış (OHLC) değerlerini ve mumun başlangıç zamanını saklar.
Ayrıca, grafik öğeleri için body, wick ve start gibi alanlar içerir.
3- Mantık:
b değişkeni, seçilen mum çubuğunu temsil etmek için tanımlanmıştır.
Seçilen zaman diliminde bir değişiklik olup olmadığını kontrol eder ve değişiklik olduğunda yeni bir bar oluşturur.
4 - Metotlar:
update(): Daha yüksek bir zirve veya daha düşük bir dip meydana gelirse, mumun OHLC değerlerini günceller.
display(): Grafik üzerinde mum çubuğunu çizer. Bu işlem şunları içerir:
Mum gövdesi.
Fitil (gölge).
Açılış, yüksek ve düşük değerlerini gösteren etiketler.
Görsel yardım için yatay ve dikey kesik çizgiler.
5- Mum Yeniden Çizimi:
Grafik üzerindeki tüm grafiksel elemanları (çizgiler, etiketler, kutular) temizler ve mevcut mumun son çubuğunda (barstate.islast) bunları yeniden çizer.
6 - Tablo Görüntüsü:
Grafik üzerinde sağ tarafta küçük bir tablo gösterilir. Bu tabloda:
Seçilen zaman dilimi.
Mumun açılış değeri.
Kapanış ve açılış fiyatları arasındaki fark, uygun renkte vurgulanarak gösterilir.
Bu kod, kullanıcıya belirli bir zaman dilimindeki mum çubuğunun görsel bir analizini ve temel bilgilerini sağlar.
BEP BOLLINGER with Entry & TargetBEP BOLLINGER with Entry & Target Indicator
INPUT
ITM CE
ITM PE
ATM CE
ATM PE
This custom Pine Script indicator provides traders with a powerful tool to analyze options trading setups, specifically for Call and Put options (CE & PE). By integrating Bollinger Bands with a set of configurable parameters, it calculates key entry, stop loss, and take profit levels, while factoring in risk and reward for each trade. Ideal for options traders, this indicator supports precise risk management and enhances your ability to plan and execute trades based on calculated entry points and profit targets.
Key Features:
CE & PE Symbol Selection: Allows users to input two pairs of Call and Put option symbols for premium calculation.
Premium Calculation: Automatically calculates and plots the average premium for each pair of options.
Risk & Reward Zones: Visualizes risk zones and reward zones based on user-defined entry price, stop loss, and risk/reward ratio.
Leverage and Stop Loss Calculation: Computes the optimal leverage and adjusts stop loss based on acceptable loss percentage.
Break-Even Point: Identifies the break-even point considering trading fees and leverage.
Take Profit Levels: Calculates and visualizes multiple take profit levels with different risk/reward ratios.
Multi-Timeframe Analysis: Incorporates higher timeframe analysis to determine entry and stop loss levels for better decision-making.
Dynamic Alerts: Provides alerts when the price hits the stop loss, take profit levels, or reaches the break-even point.
Visual Tools: Draws lines and shaded areas for entry, stop loss, take profit, and risk/reward zones to aid in visual decision-making.
Customizable Settings:
Risk Management: Adjust stop loss, leverage, and risk/reward ratios to suit your trading strategy.
Trading Direction: Choose between Long or Short positions based on market outlook.
Fee Calculations: Input your buy and sell fees to accurately calculate break-even and profit zones.
Color Customization: Personalize the color of premium lines, offset levels, and risk/reward zones.
Alerts:
Alerts can be set for Stop Loss, Take Profit, and Break-Even, ensuring you're notified in real-time when important price levels are reached.
This tool is perfect for traders looking to integrate risk management and precise trade setup analysis into their options trading strategy.
kyle algo v1 (kylealgo) / Owl of Profit remakeKyle Algo v1 Strategy (kylealgo)
Big thanks to kylealgo for providing this versatile trading strategy! The Kyle Algo v1 strategy integrates a modified Supertrend indicator, Keltner Channels, and EMA Energy to deliver precise buy/sell signals with trend-following logic.
Features:
Modified Supertrend with Keltner Channels:
Uses a custom implementation of Supertrend based on Keltner Channels for dynamic support and resistance levels.
Sensitivity and ATR factor are fully customizable for adapting to market conditions.
EMA Energy Bands:
Plots a series of 15 EMAs with dynamic color coding to reflect bullish (green) or bearish (red) energy.
Trend Catcher:
Highlights EMA crossovers (short-term vs. long-term) for additional confirmation of trend direction.
Buy and Sell Signals:
Clear buy/sell signals generated when the price crosses the modified Supertrend line.
Labels and bar colors indicate market direction for easy visualization.
Entry and Exit Logic:
Long Condition:
Triggered when the price crosses above the Supertrend line.
Closes any short positions and opens (or adds to) a long position.
Short Condition:
Triggered when the price crosses below the Supertrend line.
Closes any long positions and opens (or adds to) a short position.
Visualization:
Supertrend Indicator: Dynamic lines with clear buy (green) and sell (red) zones.
EMA Energy Bands: 15 EMAs color-coded based on price action.
Keltner Channels: Provides additional visual cues for price range.
Bar Colors: Candles are dynamically colored based on Supertrend and EMA crossovers.
Alerts:
Built-in alerts for buy and sell signals to ensure you never miss a trade.
This strategy combines trend-following tools with dynamic indicators to provide robust trade setups. Use it for backtesting and further customization to suit your trading needs.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
SSL Channel MTFSSL Channel with MTF support, This eliminates the noise of a basic SSL Channel script which is based on ErwinBeckers SSL Channel. So i have used a Multi Time Frame approach to have a clear confirmation of trend and reduce Noise and False signals unlike basic SSL Channel.
This script can be used to determine.
Support/Resistance
High/Low Breakout
Trend Direction
MA candles for Entry
The high and low sma are plotted as SSL CHANNEL when ever the high and low sma cross each other a direction change is observed.
The direction of SSL channel determines the trend of the price. The length of the channel can be changed as required a low value has a high noise and direction can be determined with low accuracy. Increasing the length of SSL channel has high accuracy trend confirmation.
The MTF SSL Channel uses plot from higher timeframe this helps in using SSL Channel as a Price Action Tool. Price when ever crosses over or below the channel determines a breakout. Price tries to move between the High SMA line and Low SMA Line of the SSL Channel rejection, breakouts can be easily observed on a lower timeframe using SSL Channel Plot from a higher timeframe.
I have used 5min/15min chart with MTF SSL from a 1Hr/4Hr and a length of 5 instead of 10. This helps quick direction changes over a period of 1hr to 4hr. Price is trapped within the High SMA and Low SMA lines of SSL Channel. In addition to SSL High Low and average mid line is plotted to additional reference.
Buy Sell Signals are plotted based on crossover of SMA High and Low.
Candle are Plotted Using a SMA with length of 5. This Candle Plot can be used to make an entry based on direction confirmation of SSL. keep in mind the direction of SSL Plot and the candle must be same. Preferably Entry can made above or below the midline of SSL Channel. The Candle Plot eliminates the Noise of traditional Japanese Candlesticks.
Additionally MACD Crossover and MACD Trend line confirmations can be used to confirm a Buy Sell and Entry signals
Alerts are also plotted accordingly.
TVMC - Composite Indicator with Technical RatingsDescription:
The TVMC (Trend, Volume, Momentum, Composite) indicator is a powerful multi-component tool designed to provide traders with a comprehensive understanding of market conditions. By combining four essential technical analysis components—trend, momentum, volume, and volatility—this indicator offers clear and actionable insights to assist in decision-making.
Key Features:
1. Trend Component (TC):
* Based on MACD (Moving Average Convergence Divergence), this component analyzes the relationship between two exponential moving averages (fast and slow) to determine the prevailing market trend.
* The MACD signal is normalized to a range of -1 to +1 for consistency and clarity.
2. Momentum Component (MC):
* Utilizes RSI (Relative Strength Index) to measure the strength and speed of price movements.
* This component highlights overbought or oversold conditions, which may indicate potential market reversals.
3. Volume Confirmation (VC):
* Compares the current trading volume to its moving average over a specified period.
* High volume relative to the average confirms the validity of the current trend.
4. Volatility Filter (VF):
* Uses ATR (Average True Range) to gauge market volatility.
* Adjusts and smooths signals to reduce noise during periods of high volatility.
5. Technical Ratings Integration:
* Incorporates TradingView’s Technical Ratings, allowing users to validate signals using moving averages, oscillators, or a combination of both.
* Users can choose their preferred source of ratings for enhanced signal confirmation.
How It Works:
The TVMC indicator combines the weighted contributions of the Trend, Momentum, and Volume components, further refined by the Volatility Filter. Each component plays a specific role:
* Trend: Identifies whether the market is bullish, bearish, or neutral.
* Momentum: Highlights the strength of price action.
* Volume: Confirms whether the current price action is supported by sufficient trading activity.
* Volatility: Filters out excessive noise in volatile market conditions, providing a smoother and more reliable output.
Visualization:
1. Bullish Signals:
* The indicator line turns green and remains above the zero line, indicating upward momentum.
2. Bearish Signals:
* The indicator line turns red and falls below the zero line, signaling downward momentum.
3. Neutral Signals:
* The line is orange and stays near zero, indicating a lack of strong trend or momentum.
4. Zones:
* Horizontal lines at +30 and -30 mark strong bullish and bearish zones, respectively.
* A zero line is included for clear separation between bullish and bearish signals.
Recommended Usage:
* Best Timeframes: The indicator is optimized for higher timeframes such as 4-hour (H4) and daily (D1) charts.
* Trading Style: Suitable for swing and positional trading.
* Customization: The indicator allows users to adjust all major parameters (e.g., MACD, RSI, volume, and ATR settings) to fit their trading preferences.
Customization Options:
* Adjustable weights for Trend, Momentum, and Volume components.
* Fully configurable settings for MACD, RSI, Volume SMA, and ATR periods.
* Timeframe selection for multi-timeframe analysis.
Important Notes:
1. Originality: The TVMC indicator combines multiple analysis methods into a unique framework. It does not replicate or minimally modify existing indicators.
2. Transparency: The description is detailed enough for users to understand the methodology without requiring access to the code.
3. Clarity: The indicator is explained in a way that is accessible even to users unfamiliar with complex technical analysis tools.
Compliance with TradingView Rules:
* The indicator is written in Pine Script version 5, adhering to TradingView’s language standards.
* The description is written in English to ensure accessibility to the global community, with a clear explanation of all components and functionality.
* No promotional content, links, or unrelated references are included.
* The chart accompanying the indicator is clean and demonstrates its intended use clearly, with no additional indicators unless explicitly explained.
PAM UR1 DR1 (Forex)PAM UR1 DR1 (Forex) Indicator
This indicator is based on the Price Action Manipulation (PAM) strategy, specifically focusing on the UR1 (Up Reversal 1) and DR1 (Down Reversal 1) patterns. It helps traders identify potential trade setups by analyzing price movements in relation to the Average True Range (ATR) and specific candle patterns.
Key Features:
1. User Inputs and Customization ATR Settings:
ATR Length: Determines the period for ATR calculation. (Default: 14)
Big Flush Multiplier: A multiplier to detect large flush candles. (Default: 1.5)
Small Flush Multiplier: A multiplier to detect smaller flush candles. (Default: 0.9)
Small Flush Wick %: Sets the wick size percentage to qualify a small flush. (Default: 30%)
Risk Management Settings:
Capital: User-defined trading capital. (Default: $10,000)
Risk %: Percentage of capital to risk per trade. (Default: 1%)
Display Options:
Toggle to show/hide ATR Pips, Lot Size, and Capital in the chart labels.
2. Flush Candle Detection Big Flush Conditions:
A candle is considered a Big Flush if its body size is greater than 1.5x ATR of the previous candle.
Up Flushes (bullish) are highlighted in white .
Down Flushes (bearish) are highlighted in yellow .
Small Flush Conditions:
Requires three consecutive candles in the same direction.
ATR of each candle must exceed 0.9x of the previous ATR.
The total wick size should be less than the defined wick percentage of the total candle range.
Up Small Flushes are highlighted in gray , and Down Small Flushes in orange .
3. Stop Loss and Lot Size Calculation
Stop loss (SL) is calculated based on the ATR of the flush candle.
SL multipliers are predefined based on the currency pair (e.g., JPY pairs: 100, XAUUSD: 10, others: 10,000).
Lot sizes are computed based on the risk percentage of the provided balance.
4. EXE Candle Identification
After a flush candle is detected, the indicator searches for EXE candles within the next 5 bars.
EXE candles are defined as pinbars where the wick is less than a defined percentage of the candle range.
When an EXE candle is found, a label is displayed with customizable details: ATR pips, lot size, and capital.
5. Visual Enhancements
Big Flush candles are marked with distinct colors.
Small Flush candles are highlighted based on conditions.
Users can toggle visualization preferences for flush types and displayed trade information.
6. Entry Labels and Alerts
Labels are added to chart showing calculated values for stop loss and lot size.
Alerts can be set up based on flush candle conditions to notify potential trade opportunities.
Conclusion: The PAM UR1 DR1 (Forex) indicator offers traders an automated way to detect price manipulation strategies through flush candle analysis and risk management tools, making it easier to identify high-probability trading opportunities.
(IK) Base Break Buy (Updated to v6)An update to tapRoot_coding 's (IK) Base Break Buy strategy.
Key Changes from Pine Script v4 to v6:
Version Declaration: Updated the version declaration from //@version=4 to //@version=6 to specify the use of Pine Script v6.
Input Functions: Changed input functions to use the new input.int, input.float, and input.string functions, which are more explicit and provide better type safety compared to the generic input function used in v4.
Persistent Variables: Used the var keyword for persistent variables (e.g., bases, closestBase, brokenBase) to ensure they retain their values across script executions. This is a best practice in v6 to clearly indicate variables that should persist.
Function Definitions: Updated function definitions to use the new arrow function syntax (=>) introduced in v6, which provides a more concise way to define functions.
Array Handling: Ensured that array operations (e.g., array.new_float(), array.get(), array.size()) are compatible with v6, which may have introduced new methods or changed existing ones.
Strategy Entry and Exit: Corrected the strategy.entry function to use the direction parameter instead of the long argument, which is not recognized in v6. This specifies whether the trade is long or short.
Plotting: Verified that plotting functions (e.g., plot()) are compatible with v6, ensuring that any new features or changes in syntax are accounted for.
Ichimoku with Cumulative Delta Volume Trend Buy/Sell SignalsCombines Ichimoku with depth of Cumulative Volume Delta to bring buying/selling strength to areas of Ichimoku supports/resistances.
Best used with CumulativeVolumeDelta by LonesomeTheBlue as a subchart with Heikin-Ashi candles with values of the subchart of SMA 50, EMA 100 and EMA 200 as these are the values I used to confirm supports and resistances within the delta volume.
Meant for all timeframes, but more accurate on the daily, weekly and monthly timeframes for swings and commons.
NFA and good luck.
borsacı selim Al-Sat Noktalarıpinescript
//@version=5
indicator("Al-Sat Noktaları", overlay=true)
// Zaman dilimi seçimi
timeframe = input.timeframe("D", title="Zaman Dilimi Seçimi")
// Hareketli Ortalama
length = input(14, title="Hareketli Ortalama Süresi")
ma = ta.sma(request.security(syminfo.tickerid, timeframe, close), length)
// Al-Sat Sinyalleri
longCondition = ta.crossover(request.security(syminfo.tickerid, timeframe, close), ma)
shortCondition = ta.crossunder(request.security(syminfo.tickerid, timeframe, close), ma)
// Al-Sat Noktalarını Göster
plotshape(longCondition, style=shape.labelup, location=location.belowbar, color=color.green, size=size.small, text="AL")
plotshape(shortCondition, style=shape.labeldown, location=location.abovebar, color=color.red, size=size.small, text="SAT")
// Hareketli Ortalamayı Göster
plot(ma, color=color.blue, title="Hareketli Ortalama")
Fibonacci Extension Strt StrategyCore Logic and Steps:
Weekly Trend Identification:
Find the last significant Higher High (HH) and Lower Low (LL) or vice-versa on the Weekly timeframe.
Determine if it's an uptrend (HH followed by LL) or a downtrend (LL followed by HH).
Plot a Fibonacci Extension (or Retracement in reverse order) from the swing point determined to the other significant swing point.
Weekly Retracement Levels:
Display horizontal lines at the 0.236, 0.382, and 0.5 Fibonacci levels from the weekly extension.
Monitor price action on these levels.
Daily Confirmation:
When price hits the Fib levels, examine the Daily chart.
Look for a rejection wick (indicating the pull back is ending) on the identified weekly retracement levels.
Confirm that the price is indeed starting to continue in the direction of the original weekly trend.
Four-Hour Entry:
On the 4H timeframe, plot a new Fib Extension in the opposite direction of the weekly.
If it's an uptrend, the Fib is plotted from last swing low to its swing high. If the weekly trend was bearish the Fib will be plotted from last swing high to the swing low.
Generate an entry when price breaks the high of that candle.
Trade Management:
Entry is on the breakout of the current candle.
Stop Loss: Place the stop loss below the wick of the breakout candle.
Take Profit 1: Close 50% of the position at the 0.5 Fibonacci level. Move the stop loss to breakeven on this position.
Take Profit 2: Close another 25% of the position at the 0.236 Fib level.
Trailing Take Profit: Keep the last 25% open, using a trailing stop loss. (You'll need to define the logic for the trailing stop, e.g., trailing stop using the last high/low)
How to Use in TradingView:
Open a TradingView Chart.
Click on "Pine Editor" at the bottom.
Copy and paste the corrected Pine Script code.
Click "Add to Chart".
The indicator should now be displayed on your chart.
Display MB on BarsDescription
The "Display MB on Bars" Pine Script indicator is designed to visually represent Market Breadth values and R4.5 scores on trading charts. This script enables traders to highlight and analyze key market behavior using pre-defined thresholds for MB scores and dynamically calculated R4.5 values. Additionally, it includes a moving average status table to assess price levels relative to the 10-day and 20-day moving averages.
Features:
1. COB Date Matching: Displays data corresponding to specific "COB dates" provided by the user.
2. MB Value Visualization:
o Highlights bars with a background color based on MB values:
Red if MB ≤ MB_Red (default: -1).
Green if MB ≥ MB_Green (default: 3).
3. R4.5 Scores Display:
o Creates a label on the chart with the MB and R4.5 values when conditions are met (e.g., R4.5 > 200 or specific MB thresholds).
4. Index Moving Average Comparison:
o Calculates 10-day and 20-day moving averages for the selected symbol (default: NSE:NIFTYMIDSML400).
o Shows the price position relative to these moving averages in a table.
How to Use:
1. Configure Inputs:
o COB Dates: Enter a comma-separated list of dates in the format DD-MM-YYYY.
o MB Values: Provide the corresponding MB scores for the COB dates.
o R4.5 Values: Provide the R4.5 scores for the COB dates.
o Set the thresholds for MB values (MB Red<= and MB Green>=).
o Toggle features like MB, RS (R4.5), and the moving average status table.
2. Interpret the Output:
o Observe background colors on the bars:
Red: Indicates MB is less than or equal to the lower threshold.
Green: Indicates MB exceeds the upper threshold.
o Check labels above bars for R4.5 and MB values when conditions are met.
o Refer to the status table on the top-right corner to understand price positions relative to 10-day and 20-day moving averages.
This script is especially useful for traders seeking insights into custom metrics like MB and R4.5, enabling quick identification of key patterns and trends in the market.
SessionsL'indicatore di sessioni di trading è uno strumento visivo essenziale per i trader che desiderano analizzare il comportamento del mercato durante specifiche fasce orarie corrispondenti alle principali sessioni di trading globali (come New York, Londra, Tokyo e Sydney). Questo indicatore traccia automaticamente sul grafico le diverse sessioni, evidenziandone l'inizio e la fine, per aiutare a identificare le ore di maggiore volatilità e liquidità.
EUR GBP AUD (Index) vs USDDescription:
This indicator calculates a weighted index using three major Forex pairs (EUR/USD, GBP/USD, AUD/USD) to represent their collective performance against the US Dollar (USD). With added functionality for moving averages, it provides a comprehensive tool for analyzing market trends, tracking momentum, and customizing strategies. Offers a holistic view of how major currencies are performing relative to the USD, making it easier to identify market trends and their potential impacts.
Display Modes:
Line (Default): A dynamic line chart with color changes indicating whether the index is above or below 1 USD.
Candles: Japanese candlestick visualization for detailed price action analysis.
Customizable Weights:
Adjust the weight assigned to each currency pair (EUR/USD, GBP/USD, AUD/USD) to reflect your trading priorities. Default weights are balanced, but you can customize them to suit your strategy, ensuring the total does not exceed
Moving Average Integration:
Includes a fully customizable moving average:Choose from SMA, EMA, WMA, or VWMA.Adjust the period length (default: 50).The moving average is plotted alongside the index to help identify trends and key levels.
Weighted Average Calculation:
Uses OHLC (Open, High, Low, Close) data to compute a precise weighted average for the index.
How to Use:
The indicator is designed to track the collective performance of major currencies against the USD. Here are some examples of how it can be used:
Example 1: Trend Confirmation with Moving Averages
Overlay the index with the moving average to confirm trends:If the index is trading above the moving average and the line is green, it signals strength in the major currencies relative to the USD.If the index is below the moving average and the line is red, it suggests potential USD strength.
Example 2: Customize Analysis with Weighted Strategy
Adjust the weights for EUR/USD, GBP/USD, and AUD/USD based on your trading priorities. For instance:If you expect EUR/USD to outperform, increase its weight in the calculation.Use the candlestick mode to observe intraday price action near support/resistance levels for potential trade setups.
Example 3: Momentum Analysis with Trend CCI
Combine this index with your custom Trend CCI indicator to enhance momentum analysis and identify potential trading opportunities:
Rising Index + Trend CCI > +100: Indicates strong bullish momentum in major currencies against the USD. This could signal a continuation of the uptrend or a good time to hold long positions.
Falling Index + Trend CCI < -100: Suggests bearish momentum, indicating a potential continuation of USD strength and an opportunity for short trades or exiting long positions.
Trend CCI Divergence: If the index is rising but the Trend CCI starts to fall, this could indicate weakening bullish momentum and the potential for a reversal.
Explore More:
Check out my other scripts to find CAD CHF JPY (Index) vs USD as well.
es.tradingview.com
BTM LayoutThis is for personal use and for my friends, that's why publislishing it.
when trend line color is green and you see a buy signal that indicates there is a buy trend.
when trend line color is Red and you see a Sell signal that indicates there is a Sell trend.
better chart timeframe is 15 mins and 30 mins.
Whale Activity Impact OscillatorThe "Whale Activity Impact Oscillator" is a Pine Script v6 component designed to identify abnormal price movements caused by potential whale activity in the crypto market.
Here's how it works:
Inputs: The script allows users to configure the volume spike multiplier, price spike multiplier, lookback period, minimum volume threshold, and thresholds for strong buy and sell signals.
Data Calculations: It calculates the average volume and average percentage price change over the specified lookback period.
Whale Detection Logic: The script detects a volume spike if the current volume exceeds the average volume by the specified multiplier. It detects a price spike if the percentage price change exceeds the average by the specified multiplier.
Signals: A buy signal is generated when both a volume spike and a price increase are detected. A sell signal is generated when both a volume spike and a price decrease are detected.
Output: The oscillator is displayed as a histogram below the price chart. Green bars indicate buy signals, red bars indicate sell signals, and gray bars indicate normal activity. The height of the bars is proportional to the magnitude of the price change.
Alerts: The script includes alerts for whale buying and selling detected signals.
Edge Cases: The script avoids false signals in low-liquidity environments by setting a minimum volume threshold and filtering out signals during low market activity.
This component can be added to a TradingView chart to help traders identify potential whale activity and make informed trading decisions.
Brokerir Trend Change IndicatorBrokerir’s Trend Change Indicator: Your Comprehensive Tool for Navigating Market Trends
brokerir.com
Brokerir proudly introduces the Trend Change Indicator, an all-in-one, intuitive tool crafted to help traders and investors seamlessly identify bullish and bearish trends in asset prices. Designed with user experience in mind, this indicator offers customizable input settings and an integrated alert system that promptly notifies users of potential shifts in both short-term and long-term market trends. These timely alerts are essential for less active investors to position themselves accurately before significant trend changes occur and play a vital role in managing risk once a trend is established. It’s important to highlight that the Trend Change Indicator performs best with assets that have a history of strong, sustained trends.
Core Features:
Exponential Moving Averages (EMA) Interaction: At the foundation of this tool lies the dynamic interaction between the 30-day and 60-day EMAs. A green signal denotes a bullish trend when the 30-day EMA surpasses the 60-day EMA, while a red signal indicates a bearish trend when the 30-day EMA falls below the 60-day EMA. Additionally, the appearance of gray signals alerts users to potential trend reversals as the EMAs converge and dip below the Average True Range (ATR) safety threshold. This comprehensive analysis is performed on both hourly and daily timeframes, with the 4-hour timeframe offering early indications of daily trend changes. Visually, the indicator displays the EMA interactions within a band on the daily chart, also reflected in the second row of the table, while the first row showcases the EMA interactions on the 4-hour timeframe.
140-Day Simple Moving Average (SMA) with Predictive Insights: Enhancing long-term trend analysis, the Trend Change Indicator incorporates a 140-day (20-week) SMA, depicted by a line adorned with predictive dots. This feature empowers investors to gain a deeper understanding of long-term price movements by projecting the SMA value 10 days into the future. The slope of these predictive dots is key: an upward trend in the dots suggests an underlying bullish trend, whereas a downward trend indicates a bearish outlook. Generally, asset prices trading above the SMA are considered bullish, while those below are viewed as bearish.
Why Choose Brokerir’s Trend Change Indicator?
The Trend Change Indicator by Brokerir is a robust solution for pinpointing price trends and effectively managing risk. Its user-friendly, color-coded interface makes it an indispensable asset for traders and investors aiming to stay ahead of trend shifts and maintain control over their investments once a trend is in motion. Historically, this indicator has demonstrated significant value in trending markets such as cryptocurrencies, technology stocks, and commodities. For optimal results, Brokerir recommends using the Trend Change Indicator alongside other technical analysis tools to achieve a more comprehensive and balanced decision-making process.
Embrace Brokerir’s Trend Change Indicator to enhance your trading strategy, stay informed about market dynamics, and manage your investment risks with confidence.
CAD CHF JPY (Index) vs USDDescription:
Analyze the combined performance of CAD, CHF, and JPY against the USD with this customized Forex currency index. This tool enables traders to gain a broader perspective of how these three currencies behave relative to the US Dollar by aggregating their movements into a single index. It’s a versatile tool designed for traders seeking actionable insights and trend identification.
Core Features:
Flexible Display Options:
Choose between Line Mode for a simplified view of the index trend or Candlestick Mode for detailed analysis of price action.
Custom Weight Adjustments:
Fine-tune the weight of each currency pair (USD/CAD, USD/CHF, USD/JPY) to better reflect your trading priorities or market expectations.
Moving Average Integration:
Add a moving average to smooth the data and identify trends more effectively. Choose your preferred type: SMA, EMA, WMA, or VWMA, and configure the number of periods to suit your strategy.
Streamlined Calculation:
The index aggregates data from USD/CAD, USD/CHF, and USD/JPY using a weighted average of their OHLC (Open, High, Low, Close) values, ensuring accuracy and adaptability to different market conditions.
Practical Applications:
Trend Identification:
Use the Line Mode with a moving average to confirm whether CAD, CHF, and JPY collectively show strength or weakness against the USD. A rising trendline signals currency strength, while a declining line suggests USD dominance.
Weight-Based Analysis:
If CAD is expected to lead, adjust its weight higher relative to CHF and JPY to emphasize its influence in the index. This customization makes the indicator adaptable to your market outlook.
Actionable Insights:
Identify key reversal points or breakout opportunities by analyzing the interaction of the index with its moving average. Combined with other technical tools, this indicator becomes a robust addition to any trader’s toolkit.
Additional Notes:
This indicator is a valuable resource for comparing the collective behavior of CAD, CHF, and JPY against the USD. Pair it with additional oscillators or divergence tools for a comprehensive market overview.
Perfect for both intraday analysis and swing trading strategies. Combine it with EUR GPB AUD (Index) indicator.
Good Profits!
IB of New Hour (Customizable)Purpose: Tracks first x candles of each hour to define a price range
Customizable settings:
Border color of the IB box
Fill color of the IB box
Number of candles to define IB
Box width in hours (1-24)
Functionality:
Calculates highest high and lowest low for specified number of candles
Creates a rectangular box representing the initial balance
Adapts to different timeframes (1, 5, 15, 30, 60-minute charts)
Limits storage of boxes to prevent memory overload
Box Placement:
Starts at first candle of the hour
Width calculated based on current timeframe and user-specified hours
Maintains consistent visual representation across different chart timeframes
Indicator for helping you with bias
Weekly Pivot, S&RThis indicator is for calculating pivot point and 2 support and resistance levels arround that pivot point.
OTTO (KivancOzbilgic) / Owl of Profit remakeOptimized Trend Tracker Oscillator Strategy (KivancOzbilgic)
Big thanks to KivancOzbilgic for developing this sophisticated and customizable trend-following strategy. The Optimized Trend Tracker Oscillator (OTTO) is designed to provide precise buy and sell signals using dynamic stop-loss levels and multiple moving average types.
Features:
Customizable Moving Averages (MA):
Choose from various MA types: SMA, EMA, WMA, DEMA, TMA, VAR, WWMA, ZLEMA, TSF, or HULL.
Adjust length and optimization parameters for a tailored fit.
Dynamic Stop-Loss Levels:
Automatically adjusts based on the selected MA and user-defined optimization coefficients.
Includes both long and short stop-loss levels.
Buy and Sell Signal Detection:
Signals are generated when HOTT and LOTT lines cross.
Signals are visually marked on the chart and can trigger alerts.
Entry and Exit Logic:
Long Condition:
Triggered when HOTT crosses below LOTT, signaling a bullish trend.
Closes any short positions before opening a long position.
Short Condition:
Triggered when HOTT crosses above LOTT, signaling a bearish trend.
Closes any long positions before opening a short position.
Visualization:
HOTT and LOTT Lines:
HOTT (High Optimized Trend Tracker) dynamically follows the trend.
LOTT (Low Optimized Trend Tracker) acts as a counter line for crossovers.
Highlighting:
Bullish zones are highlighted in green, and bearish zones are highlighted in red.
Buy and Sell Signals:
Signals are plotted with clear labels (Buy and Sell) for easy interpretation.
Alerts:
Alerts are built-in for buy and sell signals, ensuring you never miss an opportunity.
This strategy is ideal for traders who want to combine trend tracking with adaptive stop-losses for precise entries and exits. Use it for backtesting and further refinement to match your trading style.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
