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Trend Analysis

Weekly Levels Prep (Smart Weekly Candle)This script draws key weekly levels based on the most recent completed weekly candle (Monday–Friday). It automatically calculates and plots: ✅ Weekly High & Low ✅ Midpoint (50% level) ✅ Extension levels above and below All levels are dynamically updated every new week and are visually marked with clean color-coded horizontal lines. Price values are shown near the price axis for clear visibility across all timeframes. Great for: Weekly preparation Swing trading setups Mean reversion and range breakouts 🔄 Works on all timeframes 🔍 Lightweight and non-intrusive Built by a trader, for traders. 💼📈 19 hours ago Release Notes 📊 Weekly Levels Prep (Smart Weekly Candle) This indicator highlights key weekly levels to help you prepare for the upcoming trading week with clarity and structure. ✅ Features: Draws the most recent completed weekly candle's High, Low, Mid (50%), and two extension levels (Top & Down). Adds a second set of levels (dotted gray lines) from the previous week's candle, helping you track historical reactions. All levels are clearly labeled and positioned dynamically to stay readable. New York trading session is visually highlighted with optional background shading and label. Perfect for swing traders, intraday setups, and weekly analysis. Adapted for any timeframe and includes weekend logic for accurate preparation.
Pine Script® indicator
by milad_fahimi
Scalping 15min: EMA + MACD + RSI + ATR-based SL/TP📈 Strategy: 15-Minute Scalping — EMA + MACD + RSI + ATR-based SL/TP This scalping strategy is designed for 15-minute charts and combines trend-following and momentum confirmation with dynamic stop loss and take profit levels based on volatility. 🔧 Indicators Used: EMA 50 — identifies the main trend MACD Histogram — confirms momentum direction RSI (14) — filters overbought/oversold conditions ATR (14) — dynamically sets SL and TP based on market volatility 📊 Entry Conditions: Long Entry: Price is above EMA 50 MACD histogram is positive RSI is above 50 but below 70 Short Entry: Price is below EMA 50 MACD histogram is negative RSI is below 50 but above 30 🛑 Risk Management: Stop Loss: 1×ATR (user-configurable) Take Profit: 2×ATR (user-configurable) These values can be adjusted in the script inputs depending on your risk/reward preference or market conditions. ⚠️ Notes: Strategy is optimized for scalping fast-moving pairs (e.g. crypto, forex). Works best in trending markets. Use backtesting and forward testing before live trading.
Pine Script® strategy
by ionut081
Autofib Extensions | DTDHello trader comuunity! I'm introducing another script that is part of my main day-trading strategy. We all know regardless of what strategy we use, we need to know what levels offer the least amount of risk to our trade entry and a great tool to anticipate how far a move might go or what level a move may retrace to are the Fibonacci Retracement and Extensions. This indicator combines both together, but with a twist. The main elements of the script are: 1. Multiple Session High and Lows | Developing my first script led me to understand that measuring key times during each session provides understanding of the market's continuity. I have provided 3 "sessions' a user can define according to CST time where the script saves the high and low of that session window to produce the retracement and extensions from those plots. Currently, the levels are always plotted from low to high (with the 0 mark being the high) and negative values provided so the levels are consistent. You can toggle each session on or off. 2. Coloring Key Retracements / Extensions | I use a dark background for my charts so the default colors help me distinguish from other another indicator I use. Feel free to adjust the colors to your preference. I consider 3 different colors because of their significance. Retracements that you want to see continue fall back into the .50 to .618 level (this I consider the "Golden Zone"). While basic Elliott Wave Theory states a wave is completed near the 1.618 level (this I consider "Major Extensions"). Everything isn't noise, but minor levels in a larger sequence. ______________ Script Limitations All of my scripts are made with the help of ChatGPT so there are going to be limitations. One current one that I have made progress on, but not fully is when you are viewing a timeframe where the candle doesn't start when a session window starts. On smaller timeframes like the 7-minute this is not an issue. However, on the hourly, if your session window starts at the half hour which the 3rd session default window does, the lines will not produce. I will hopefully have this rectified in the near future. I will open the script since none of this work is original in nature and I would love to see how others can create a better product. Also, this is mainly a futures trading tool. If you are using this on stocks you will find it not as useful if the session window is too wide since the script waits until the session window closes to calculate the extension values. Cheers, DTD
Pine Script® indicator
by daytradederic
Trend Is My FriendThis Pine Script indicator, "Trend Is My Friend", displays the market trend across multiple timeframes using the 21-period Exponential Moving Average (EMA). It checks whether the price is above or below the EMA on the Daily, 4H, 1H, 15min, and 5min timeframes. The trend for each timeframe is shown in a color-coded table (green for bullish, red for bearish) at the top-right corner of the chart. It also plots the EMA on the main chart for quick visual reference, helping traders align their entries with the broader trend. By Dipendra
Pine Script® indicator
by Pravstha
BTC Dominance Excluding StablecoinsBTC Dominance Excluding Stablecoins Description: The "BTC Dominance Excluding Stablecoins" indicator calculates Bitcoin's dominance as a percentage of the total cryptocurrency market capitalization, excluding the market caps of major stablecoins (USDT and USDC). Unlike the standard BTC.D ticker, which includes stablecoins in the total market cap, this indicator provides a clearer view of Bitcoin’s dominance relative to the "non-stable" crypto market. This can be useful for traders and analysts who want to assess Bitcoin’s strength without the influence of stablecoin market caps, which often skew dominance metrics during periods of high stablecoin usage. How It Works: Bitcoin Market Cap: Fetches Bitcoin’s market capitalization using CRYPTOCAP:BTC. Total Market Cap: Retrieves the total cryptocurrency market cap via CRYPTOCAP:TOTAL. Stablecoin Adjustment: Subtracts the market caps of USDT (CRYPTOCAP:USDT) and USDC (CRYPTOCAP:USDC) from the total market cap. Dominance Calculation: Computes Bitcoin’s dominance as (BTC Market Cap / Adjusted Total Market Cap) * 100, where the adjusted total excludes stablecoins. Output: Plots the resulting dominance percentage as a line chart. Features: Displays Bitcoin dominance excluding stablecoins on any timeframe. Customizable line color and thickness for better visualization. Provides a more accurate representation of Bitcoin’s market share in the volatile, non-stablecoin crypto ecosystem. Usage: Add this indicator to your TradingView chart to compare Bitcoin’s dominance against the broader altcoin market, free from stablecoin distortions. Use it alongside other indicators like BTC.D or price charts to analyze market trends, especially during periods of high stablecoin inflows or outflows. Notes: The indicator currently excludes USDT and USDC, the two largest stablecoins by market cap. Additional stablecoins (e.g., DAI, BUSD) can be added by modifying the script if desired. Data is sourced from TradingView’s CRYPTOCAP symbols, which may have slight delays or variations depending on exchange data feeds. Best used on daily or higher timeframes for smoother, more reliable results. Author: Created by K Du₿ Version: Pine Script v5
Pine Script® indicator
by Crypto-KDuB
PIXEL BLADE CONCEPTThe PIXEL BLADE CONCEPT indicator is designed to help traders visualize key support and resistance levels from higher timeframes directly on their charts. It displays the previous day's, week's, and month's highs and lows, making it easier to spot critical price zones that may influence market movements. Key Features: ✅ Multi-Timeframe Levels – Track important price levels from: Daily (PD High/Low) – Previous day’s high and low Weekly (PW High/Low) – Previous week’s high and low Monthly (PM High/Low) – Previous month’s high and low ✅ Customizable Appearance – Adjust colors and line styles for each level type: Choose between solid (⎯⎯⎯), dashed (----), or dotted (····) lines Set unique colors for daily, weekly, and monthly levels ✅ Clean & Organized Display Lines extend 100 bars into the future for easy visibility Right-aligned labels with exact price values No clutter—levels are drawn only once per session Why Use This Indicator? Identify Key Levels: Quickly see where price might react based on historical highs/lows. Improve Trade Decisions: Use higher timeframe levels for better confluence in your strategy. Customizable: Adapt the visuals to match your chart style. How to Use: Add to Chart: Apply the indicator to any trading pair. Configure Settings: Toggle levels on/off and adjust colors/styles as needed. Trade with Confidence: Watch for price reactions near these levels for potential entries/exits. Perfect for: Day traders watching daily levels Swing traders tracking weekly/monthly zones Price action traders looking for confluences Get a clearer view of the market’s structure with PIXEL BLADE CONCEPT! 🚀 (Note: Works best on TradingView’s intraday and higher timeframe charts. Adjust lookback settings if needed.) 📌 Like this script? Leave a comment & share your feedback! 🔔 Follow me for more trading tools & indicators! (Disclaimer: This is for educational purposes only. Past performance is not indicative of future results.)
Pine Script® indicator
by PIXEL_BLADE
Double RSI OscillatorThe Double RSI Oscillator Hello Gs, I came back from the dead and tried to see what a little tweak to RSI could do, and I think it is quite interesting and might be worth checking out. Warning: This indicator has lots of false signals unfortunatly How does the DRSI Oscillator work? Very simple, the DRSI oscillator at the very base is just 2 RSIs that should smooth each other out, making a smoother trend signal generation for trend analysis. One RSI is set to have lower values, by considering the lowest point of the price, and one RSI is set to have higher values using pretty much the same thing. The trend changes from positive to negative if RSI with higher values crosses negative treshhold, and from negative to positive if RSI with lower value crosses positive treshhold. On top of this I added some additional settings to smooth or speed it further, if these were a good idea, I guess only time will tell :D. Settings Here is a guide of what setting changes what and how it might be suitable for you: RSI Optimism length: length of the RSI with higher values (higher values will be better for longer term, lower for medium term) RSI Pesimism length: length of the RSI with lower values (higher values will be better for longer term, lower for medium term) Positive treshhold: The value RSI pesimism needs to pass in order to change trends (in case of using RSI avg. the value the average needs to pass), making this higher can give you faster signals, but expect more false ones Negative treshholds: The value RSI optimism needs to pass in order to change trends (in case of using RSI avg. the value the average needs to pass), lowering this can give you faster signals, but expect more false ones Smoothing type: Select the type of smoothing (or none) to smooth your signals as you want, this one you need to play around with. Smoothing length: The length of your smoothing method (if none is selected it wont change anything) Use RSI average instead: self-explanatory, go figure Above/Below Mean Trend: Changes the way trend logic works Why consider using this indicator? The DRSI Oscillator is a tool that has huge flexibility (due to tons of settings that base RSI doesnt, like trend treshholds), and is smoother allowing traders and investors to get high quality or high speed signals, allowing great entries and exits
Pine Script® indicator
by RoyalAura07
EMA Crossover (New Trailing Stop)​This strategy utilizes a combination of Exponential Moving Averages (EMA) to generate entry and exit signals for both long and short positions. The core of the strategy is based on the 13-period EMA (short EMA) crossing the 33-period EMA (long EMA) for entering long trades, while a 13-period EMA crossing the 25-period EMA (mid EMA) generates short trade signals. The strategy aims to capitalize on trend reversals and momentum shifts in the market.​ A key enhancement in this strategy is the inclusion of slippage, set at 5 ticks, to simulate more realistic trading conditions. Slippage accounts for the difference between the expected price of a trade and the actual price, providing a more accurate representation of real-world trading scenarios. ​ Stack Overflow To address the issue of overlapping exit orders, the strategy incorporates a flag (isExiting) to track whether an exit has been processed. This ensures that only one exit order is generated per bar, preventing multiple exits from overlapping and resulting in clearer trade execution. ​ The strategy is designed to execute trades swiftly, emphasizing real-time entry when conditions align. For long entries, the strategy initiates a buy when the 13 EMA is greater than the 33 EMA, indicating a bullish trend. For short entries, the 13 EMA crossing below the 33 EMA signals a bearish trend, prompting a short position. Importantly, the code includes built-in exit conditions for both long and short positions. Long positions are exited when the 13 EMA falls below the 33 EMA, while short positions are closed when the 13 EMA crosses above the 25 EMA.​ A notable feature of the strategy is the use of trailing stops for both long and short positions. This dynamic exit method adjusts the stop level as the market moves favorably, locking in profits while reducing the risk of losses. The trailing stop for long positions is based on the high price of the current bar, while the trailing stop for short positions is set using the low price, providing flexibility in managing risk. This mechanism helps capture profits from favorable market movements while ensuring positions are exited if the market moves against them.​ In summary, this strategy combines EMA crossovers with realistic trading conditions, including slippage and non-overlapping exits, to effectively identify and act upon market trends. This strategy works best on the 4H/Daily timeframe and is optimized for major cryptocurrency pairs. The 4H/Daily chart allows for the EMAs to provide more reliable signals, as the strategy is designed to capture broader trends rather than short-term market fluctuations. Using it on major crypto pairs increases its effectiveness as these assets tend to have strong and sustained trends, providing better opportunities for the strategy to perform well.
Pine Script® strategy
by monkrs
Consecutive CandlesSummary This indicator helps visualize short-term momentum by automatically drawing boxes around sequences of consecutive same-colored candles (bullish or bearish). It's designed to quickly highlight periods of sustained buying or selling pressure directly on your chart. How it Works Consecutive Candle Detection: The script monitors the chart bar by bar, tracking consecutive candles where close > open (bullish) or close < open (bearish). Box Drawing: When a sequence of same-colored candles reaches a user-defined minimum length (default is 3) and this sequence is then broken by an opposite-colored candle or a doji, a box is drawn. Box Boundaries: The top of the box is set to the highest high price reached during the sequence. The bottom of the box is set to the lowest low price reached during the sequence. The left edge of the box aligns with the start time of the first candle in the sequence. The right edge of the box aligns with the end time of the last candle in the sequence. Stability: Uses xloc = xloc.bar_time to ensure boxes remain accurately anchored to the price bars when zooming or panning the chart. Real-time Extension: For active sequences meeting the minimum length on the latest developing bar, the box is optionally extended to the right. Features Automatically identifies and boxes sequences of 3 or more (customizable) consecutive bullish candles. Automatically identifies and boxes sequences of 3 or more (customizable) consecutive bearish candles. Extends box in real-time for active qualifying sequences. Customizable minimum candle count (>= 2). Customizable colors for bullish/bearish boxes and borders. Settings You can customize the indicator via the Settings menu (gear icon): Minimum Consecutive Candles: Define how many candles in a row are needed to draw a box (Default: 3). Bullish Box Color: Set the fill color for boxes around bullish sequences. Bearish Box Color: Set the fill color for boxes around bearish sequences. Box Border Color: Set the color for the border of all boxes. Potential Use Cases Momentum Identification: Quickly spot periods of strong, uninterrupted buying or selling. Exhaustion/Reversal Signals: Very long sequences might indicate potential exhaustion, setting up reversal opportunities. Consolidation Breakouts: A box forming after a period of tight consolidation can highlight the range just before a potential breakout. Confirmation: Use the boxes as confirmation for entries or exits based on momentum shifts. Disclaimer: This indicator provides visual aids based on price action. It should not be used as a standalone trading system. Always use indicators in conjunction with your own analysis and risk management rules.
Pine Script® indicator
by jjrocker91
MACD Histogram ROC with PVT FilterBelow is a detailed description of the "MACD Histogram ROC with PVT Filter" indicator based on the Pine Script v6 version, which uses the built-in `ta.pvt` function. This description assumes the latest code I provided with a single timeframe (chart-native) and the PVT filter. --- ### Indicator Description: MACD Histogram ROC with PVT Filter The "MACD Histogram ROC with PVT Filter" is a technical analysis indicator designed for TradingView (Pine Script v6) that combines the Moving Average Convergence Divergence (MACD) Histogram, its Rate of Change (ROC), and the Price Volume Trend (PVT) to identify bullish momentum with volume confirmation. Instead of plotting lines or values directly on the chart, it uses a customizable background color (default light green) to highlight periods where specific bullish conditions are met, providing a clean and visually intuitive signal for traders. #### How It Works The indicator evaluates three key conditions based on the chart’s native timeframe: 1. **MACD Histogram**: - Calculated as the difference between the MACD Line (fast EMA minus slow EMA) and the Signal Line (EMA of the MACD Line). - A positive Histogram (above zero) indicates bullish momentum. 2. **Histogram Rate of Change (ROC)**: - Measures the change in the MACD Histogram from the previous bar. - A positive ROC (increasing Histogram) suggests accelerating bullish strength. 3. **Price Volume Trend (PVT) with EMA Filter**: - PVT tracks the cumulative relationship between price changes and volume, acting as a volume-weighted momentum indicator. - An Exponential Moving Average (EMA) is applied to the PVT (default period of 9), and the indicator checks if the PVT is above this EMA, confirming that volume supports the price trend. When all three conditions are true—MACD Histogram > 0, Histogram ROC > 0, and PVT > PVT EMA—the chart background is highlighted with the user-defined color, signaling a potential bullish opportunity. #### Key Features - **Single Timeframe**: Operates on the chart’s current timeframe (e.g., 1-minute, 5-minute, daily), ensuring alignment with your viewing resolution. - **Customizable Price Input**: Allows selection of the price type (e.g., close, open, high, low, hl2, hlc3, ohlc4) for MACD and PVT calculations. - **Adjustable MACD Parameters**: Users can modify the fast EMA, slow EMA, and signal EMA periods (default 12, 26, 9). - **Configurable PVT EMA**: The EMA period applied to PVT is adjustable (default 9). - **Background Highlight**: A single, customizable background color (default light green with 90% transparency) indicates when all conditions are met, keeping the chart uncluttered. #### Purpose This indicator is designed for traders seeking to confirm bullish price movements with both momentum (MACD Histogram and ROC) and volume (PVT) support. The background highlight simplifies decision-making by visually marking periods of strong bullish alignment without overwhelming the chart with additional lines or plots. --- ### How to Use 1. **Adding the Indicator**: - Open TradingView and access the Pine Editor (bottom of the chart window). - Copy and paste the indicator code into the editor. - Click “Add to Chart” to apply it to your current chart. 2. **Customizing Settings**: - After adding the indicator, click its name in the chart’s indicator list and select “Settings” (gear icon). - Adjust the following inputs: - **Fast EMA Length**: Set the period for the fast EMA in the MACD (default 12). - **Slow EMA Length**: Set the period for the slow EMA in the MACD (default 26). - **Signal EMA Length**: Set the period for the signal line EMA (default 9). - **Price Type**: Choose the price input for calculations (options: "close" , "open", "high", "low", "hl2", "hlc3", "ohlc4"). - **PVT EMA Period**: Define the EMA period for the PVT filter (default 9). - **Background Color**: Select the highlight color and transparency (default light green, `#90EE90`, 90% transparency). 3. **Interpreting the Indicator**: - **Green Background**: Appears when: - The MACD Histogram is positive (bullish momentum). - The Histogram ROC is positive (increasing momentum). - The PVT is above its EMA (volume supports the trend). - **No Highlight**: Indicates one or more conditions are not met, suggesting weaker or non-bullish conditions. - Use the green highlight as a signal to consider bullish setups, such as entries or confirmation of an uptrend, depending on your trading strategy. 4. **Application**: - Works on any timeframe (e.g., 1-minute for scalping, daily for swing trading) since it uses the chart’s native resolution. - Combine with other indicators (e.g., support/resistance, RSI) or price action for a more robust trading system. - Adjust the PVT EMA period to fine-tune sensitivity: a shorter period (e.g., 5) reacts faster, while a longer period (e.g., 20) smooths the filter. --- ### Notes - **Timeframe**: The indicator reflects the chart’s current timeframe. Change your chart’s resolution (e.g., from 5-minute to 15-minute) to analyze different timeframes. - **Transparency**: The default 90% transparency allows price action to remain visible beneath the highlight. Lower it (e.g., to 50%) for a more solid color if preferred. - **Limitations**: This is a bullish-only signal. It won’t highlight bearish conditions (e.g., Histogram < 0). Let me know if you’d like to add bearish highlights! This indicator is a powerful tool for traders who value momentum and volume confirmation in a minimalist format. Let me know if you’d like to tweak it further or add more features!
Pine Script® indicator
by youngphero
Death Cross ReversalThis indicator tracks the recovery of the EMA20 slope after a death cross (when EMA200 crosses above EMA50). At the death cross, it records the current EMA20 slope as a baseline. As the slope improves from its negative baseline, the indicator plots sequential signals: A Strength Signal when the slope recovers 50% of the baseline gap, An Early Momentum Signal at 75% recovery, and A Reversal Signal when the slope finally crosses above +50. It also displays a histogram of the EMA20 slope (green for positive, gray for negative). Once the reversal signal fires, no further signals are generated until a golden cross resets the cycle.
Pine Script® indicator
by rubbertoe_eth
Trend Indicator with ArrowsTrend Indicator with arrows is a NoBrainer indicator to see the trend clearly. UpTrend is defined as a candle closing above previous high. I DownTrend is defined as a candle closing below previous low A consolidation is defined as a candle closing inside previous candle high low. UpTrend - Indicated with a green arrow below the candle with the current indicator. DownTrend - ndicated with a red arrow above the candle with the current indicator. So How to use this Indicator? Identify zones of consolidation where the indicator doesn't show any arrows. Upon shift from consolidation to UpTrend or DownTrend take a entry. This is one way. Second and most useful way is wait for Support or resistant hit. If it's a support. Upon support hit wait for Consolidation, DownTrend and then UpTrend/(Consolidation again with uptrend) for long entry. If its a resistance. Upon resistance hit wait for Consolidation, Uptrend and then DownTrend/(Consolidation again with DownTrend) for short Entry.
Pine Script® indicator
by VakulKumar