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Trend Analysis

Brokerir Market Sessions IndicatorOverview The Brokerir Market Sessions Indicator is a powerful tool designed to help traders track global market sessions in a highly customizable and visually distinct manner. It supports four market sessions by default: Tokyo, London, New York, and Sydney, but you can fully customize session times, names, and colors to fit your trading needs. This indicator offers four different visualization modes: ✔ Boxes – Clear session boundaries with customizable colors. ✔ Timeline – A minimalistic session tracker along the bottom of the chart. ✔ Zones – Highlights price action during specific sessions. ✔ Colored Candles – Colors candlesticks based on active sessions. Additionally, it includes useful tools such as session High/Low tracking, Open/Close percentage change, pip movement, session equilibrium level, overlapping session merging, and weekend filtering. Key Features ✅ Fully Customizable Sessions – Adjust names, colors, and times. ✅ Four Display Modes – Choose between Boxes, Timelines, Zones, or Candles. ✅ Automatic Timezone Detection – Works across all time zones, no manual adjustments needed. ✅ Session High/Low & Open/Close Tracking – View price movement during each session in pips or percentage. ✅ Overlap Merging – Ensures cleaner charts by merging overlapping sessions. ✅ Equilibrium Levels & Open/Close Lines – Gain insights into session strength and direction. ✅ Weekend Filtering – Avoid plotting sessions when the market is closed. Customization Options 📌 Sessions Settings You can modify each session independently: • Tokyo Session – Set time, color, and name. • London Session – Set time, color, and name. • New York Session – Set time, color, and name. • Sydney Session – Set time, color, and name. 💡 You can also create and track your own custom sessions! 📌 Additional Tools 1️⃣ Pips & Percentage Change Labels – Shows the distance between session high/low or open/close. 2️⃣ Session Overlap Merging – Makes charts cleaner by merging overlapping sessions. 3️⃣ Weekend Filter – Removes unnecessary session tracking when markets are closed. 4️⃣ Open/Close Line – Draws a trend line between session open and close for easy direction tracking. 5️⃣ 0.5 Equilibrium Level – Identifies the middle of a session range to spot price balance points. 6️⃣ Session Candle Coloring – Assigns unique colors to candles based on session activity. 7️⃣ Lookback Period – Customize how far back the indicator displays past session data. 8️⃣ Input Timezone Adjustments – Manually override time zones if needed. Why Choose Brokerir Market Sessions Indicator? 🔹 Complete Customization – Define sessions exactly as you need them. 🔹 Multiple Visualizations – Switch between zones, boxes, timelines, or candle coloring. 🔹 Accurate Time Adjustments – Works regardless of your TradingView time zone settings. 🔹 Professional Trading Tool – Ideal for scalpers, day traders, and institutional analysis. 🔹 Future Updates & Enhancements – Brokerir will continue improving this indicator with new features and functionalities. 💡 Follow Brokerir for updates and improvements to this essential trading tool! brokerir.com
Pine Script™ indicator
by SasanHATAM
EMA Study Script for Price Action TradersThis indicator creates an Exponential Moving Average (EMA) with customizable bands around it. The bands can be based on three different calculation methods: 1. Full Average Bar Range (high-low) 2. Body Average Bar Range (open-close) 3. Standard Deviation of the EMA Users can display up to three bands above and below the EMA, with options to customize the colors, transparency, and whether to fill the area between bands. The indicator serves both as a research tool for studying price action around EMAs and as a potential trading tool for identifying volatility zones. Key features: - Configurable EMA period and color - Three different band calculation methods - Up to 3 standard deviations of band display - Optional band filling with customizable color and transparency - Overlay display for easy price action analysis
Pine Script™ indicator
by JR_PA
G-Channel Trend Detection (jaggedsoft) / Owl of Profit remakeG-Channel Trend Detection Strategy (by jaggedsoft) Special thanks to jaggedsoft and AlexGrover for the original concept and inspiration for this strategy. This strategy leverages G-Channels for efficient trend detection by calculating the upper and lower extremities, providing dynamic signals for trend-based trading. Features G-Channels: Calculates upper (a) and lower (b) bounds of price movement over a specified length. Dynamic calculation adjusts with each bar, forming an average line (avg) for trend analysis. Signal Detection: Bullish Signal: When close moves above the lower bound. Bearish Signal: When close moves below the upper bound. Color-Coded Visualization: Green (lime) for bullish trends. Red for bearish trends. Fills the area between the average line and the close price with trend-aligned colors for better visual clarity. Entry and Exit Logic Long Entry: Triggered when a bullish trend starts. Short Entry: Triggered when a bearish trend starts. Exit Logic: Positions are automatically exited based on trend reversals. Customization Length Parameter: Default: 100 bars. Adjust to fit different timeframes and trading styles. Cross Markers: Optional cross markers for buy and sell signals can be toggled on/off for additional clarity. This strategy is ideal for traders looking to capitalize on dynamic trend movements while maintaining visual clarity of market conditions. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
Donchian Trend Ribbon (LonesomeTheBlue) / Owl of Profit remakeDonchian Trend Ribbon Strategy (by LonesomeTheBlue) Special thanks to LonesomeTheBlue for the original concept and inspiration for this strategy. This strategy leverages the Donchian Channel to determine both the main market trend and local trends. The result is a visually appealing trend ribbon, providing clear entry and exit signals based on trend alignment. Features Donchian Channel: A classic indicator that tracks the highest high and lowest low over a specified period. Main Trend: Determines the overall market direction based on price relative to the Donchian Channel. Local Trend: Identifies smaller, shorter-term trends within the main trend. Trend Ribbon Visualization: Green shades for uptrends, red shades for downtrends. Lighter colors indicate local trends opposing the main trend, while darker colors show alignment. Entry and Exit Logic Long Entry: When the main trend indicates an uptrend. Short Entry: When the main trend indicates a downtrend. Exit Logic: Positions are closed when the trend reverses (i.e., a switch from an uptrend to a downtrend or vice versa). Visualization Trend Ribbon: Multiple columns stacked to form a ribbon, with varying shades based on local and main trend alignment. Customization Donchian Channel Period: Default: 20 bars. Adjustable to fit different market conditions and timeframes. This strategy is perfect for traders looking for a trend-following approach with clear visual cues for market direction and entry/exit signals. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
Fear OscillatorThis Pine Script v6 component calculates and plots a "Fear Oscillator" based on the presence of bearish candlestick patterns (Shooting Star, Hanging Man, and Bearish Engulfing) over a user-defined lookback period. How It Works: User Inputs: length - The lookback period for calculating the oscillator, shootingStarThreshold - The threshold for identifying Shooting Star patterns, hangingManThreshold - The threshold for identifying Hanging Man patterns, engulfingThreshold - The threshold for identifying Bearish Engulfing patterns. Pattern Detection: The script defines functions to detect Shooting Star, Hanging Man, and Bearish Engulfing patterns based on wick and body size ratios. Each pattern is checked for the given thresholds. Score Calculation: The script calculates scores for each bearish pattern over the lookback period. These scores are normalized by dividing by the total number of candles in the period. Fear Oscillator: The oscillator is calculated as the average of the normalized scores for the three patterns. Plotting: The Fear Oscillator is plotted on the chart, with reference lines for "Low Fear" and "High Fear" levels. This indicator is designed to provide a visual representation of market fear, making it a valuable tool for traders to assess bearish sentiment and identify potential reversal points or areas of heightened market risk. It is best used in conjunction with other technical analysis tools to confirm signals.
Pine Script™ indicator
by mdeacey
Volume Oscillator + Price Action / Owl of ProfitVolume Oscillator + Price Action Strategy This strategy combines the Volume Oscillator with a Moving Average (MA) to identify trend-following entry and exit points based on momentum and price action. Features: Volume Oscillator: Measures the difference between short-term and long-term EMA of volume. Short Length: 14 (default). Long Length: 28 (default). Helps identify increasing or decreasing momentum in trading activity. Price Action Moving Average (MA): A 50-period Simple Moving Average (default) used to determine the overall price trend. Entry and Exit Logic: Long Condition: Volume Oscillator crosses above zero. Price is above the Moving Average. Short Condition: Volume Oscillator crosses below zero. Price is below the Moving Average. Exit Long: Volume Oscillator crosses below zero. OR price crosses below the Moving Average. Exit Short: Volume Oscillator crosses above zero. OR price crosses above the Moving Average. Visualization: Volume Oscillator: Plotted as a blue line with a horizontal zero line for reference. Price Moving Average: Plotted as an orange line on the price chart to show trend direction. Zero Line: A horizontal line at zero to help visualize the Volume Oscillator crossovers. Customization: Adjustable lengths for Volume Oscillator and Moving Average to fit different market conditions. This strategy is perfect for traders looking to combine momentum from volume changes with trend-following price action for precise entries and exits. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
Ichimoku Cloud + ATR / Owl of ProfitIchimoku Cloud + ATR Strategy This strategy combines the Ichimoku Cloud and the Average True Range (ATR) to identify trade opportunities and set dynamic stop-loss levels based on market volatility. Features: Ichimoku Cloud Components: Tenkan-Sen (Conversion Line): 9-period midpoint of the highest high and lowest low (default). Kijun-Sen (Base Line): 26-period midpoint of the highest high and lowest low (default). Senkou Span A: Average of Tenkan-Sen and Kijun-Sen, displaced 26 periods forward. Senkou Span B: 52-period midpoint of the highest high and lowest low, displaced 26 periods forward. Chikou Span: Current close, displaced 26 periods backward. ATR (Average True Range): Used to calculate stop-loss levels based on market volatility. ATR multiplier is customizable (default: 1.5). Entry and Exit Logic: Long Condition: Tenkan-Sen crosses above Kijun-Sen. Price is above both Senkou Span A and B. Chikou Span is above the current close. Stop-Loss: Dynamic, set below the entry price by a multiple of ATR. Short Condition: Tenkan-Sen crosses below Kijun-Sen. Price is below both Senkou Span A and B. Chikou Span is below the current close. Stop-Loss: Dynamic, set above the entry price by a multiple of ATR. Exit Conditions: For longs, exit when Tenkan-Sen crosses below Kijun-Sen or Chikou Span falls below the close. For shorts, exit when Tenkan-Sen crosses above Kijun-Sen or Chikou Span rises above the close. Visualization: Ichimoku Cloud: Displays bullish (green) and bearish (red) zones with a dynamic fill. Tenkan-Sen, Kijun-Sen, and Chikou Span: Plotted for clarity in identifying trends and momentum. Buy and Sell Signals: Marked with green "Long" and red "Short" labels. Exit points are also highlighted. This strategy provides a comprehensive framework for trading trends while managing risk with volatility-based stop-loss levels. Use it for backtesting and further adaptation to your trading preferences. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
Ichimoku Cloud + ADX + VWAP / Owl of ProfitIchimoku + ADX + VWAP Strategy This strategy combines the Ichimoku Cloud, Average Directional Index (ADX), and Volume Weighted Average Price (VWAP) indicators to identify trend direction, momentum strength, and price positioning for optimal trade entries and exits. Features: Ichimoku Cloud: Conversion Line (Tenkan-Sen): 9-period midpoint of the highest high and lowest low. Base Line (Kijun-Sen): 26-period midpoint of the highest high and lowest low. Leading Span A: Average of the Conversion and Base Lines, displaced 26 periods forward. Leading Span B: 52-period midpoint of the highest high and lowest low, displaced 26 periods forward. Cloud Fill (Kumo): Visualizes bullish (green) or bearish (red) trends. ADX (Average Directional Index): 14-period ADX indicates the strength of a trend. Signals are valid when ADX is above the 25 threshold. VWAP (Volume Weighted Average Price): Used as a dynamic support/resistance level to confirm price positioning. Entry and Exit Logic: Buy Condition: Price is above both Leading Span A and B. ADX is greater than 25, indicating a strong trend. Price is above the VWAP. Sell Condition: Price is below both Leading Span A and B. ADX is greater than 25. Price is below the VWAP. Trade Execution: Executes a long position on a valid buy signal. Closes the position when the sell condition is met. Visualization: Ichimoku Cloud is plotted with a dynamic fill to display bullish and bearish trends. ADX is plotted with a horizontal threshold line at 25. VWAP is displayed as a thick blue line for price confirmation. Buy and Sell signals are marked on the chart with green and red labels, respectively. This strategy integrates trend, momentum, and price positioning for high-confidence trades. Use it for backtesting and customization to suit your trading style. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
Ichimoku Cloud / Owl of ProfitIchimoku Cloud Strategy This strategy uses the Ichimoku Cloud indicator to detect trend direction and momentum for generating entry and exit signals. Features: Ichimoku Cloud Components: Tenkan-Sen (Conversion Line): Calculated as the midpoint of the highest high and lowest low over the past 9 periods (default). Kijun-Sen (Base Line): Calculated as the midpoint of the highest high and lowest low over the past 26 periods (default). Senkou Span A (Leading Span A): The average of Tenkan-Sen and Kijun-Sen, displaced 26 periods into the future. Senkou Span B (Leading Span B): The midpoint of the highest high and lowest low over the past 52 periods, displaced 26 periods into the future. Chikou Span (Lagging Span): The current close, displaced 26 periods into the past. Entry Conditions: Long: Price is above the cloud (Span A and Span B) and Tenkan-Sen is above Kijun-Sen. Short: Price is below the cloud (Span A and Span B) and Tenkan-Sen is below Kijun-Sen. Exit Conditions: Positions are exited when the opposite signal is generated. Visualization: The Ichimoku Cloud (Kumo) is displayed with a green fill for bullish trends and a red fill for bearish trends. Tenkan-Sen and Kijun-Sen are plotted as dynamic support and resistance levels. This strategy is ideal for identifying strong trends and capturing momentum-based trade opportunities. Use it for backtesting and further adaptation to your trading preferences. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
HMA + RSI / Owl of ProfitHMA + RSI Strategy This strategy combines the Hull Moving Average (HMA) and the Relative Strength Index (RSI) to identify potential trade opportunities based on trend direction and momentum. Features: HMA Calculation: Length: 50 (default). HMA is plotted as a blue line on the price chart to indicate trend direction. RSI Calculation: Length: 14 (default). Overbought Level: 70. Oversold Level: 30. RSI is plotted in purple with horizontal lines for overbought and oversold levels. Entry and Exit Logic: Long Condition: Triggered when the price is above HMA, and RSI crosses above the oversold level (30). Short Condition: Triggered when the price is below HMA, and RSI crosses below the overbought level (70). Exit Logic: Long positions exit when RSI crosses below the overbought level or when the price drops below HMA. Short positions exit when RSI crosses above the oversold level or when the price rises above HMA. Customization Options: Adjust HMA and RSI lengths, as well as RSI levels for overbought and oversold conditions, to suit different market conditions. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
FVG Oscillator (OmegaTools) / Owl of Profit remakeFVG Oscillator (OmegaTools) Big thanks to OmegaTools for providing this strategy and making it available under the Mozilla Public License 2.0! This Pine Script™ code is subject to the terms of the license at mozilla.org This strategy leverages Fair Value Gaps (FVG) to detect potential bullish and bearish trading opportunities, combining price gaps and volume analysis for precision. Features: FVG Detection: Bullish FVG (BFVG): Identifies price gaps with upward momentum. Bearish FVG (SFVG): Identifies price gaps with downward momentum. Additional Conditions: Requires confirmation via volume or significant gap size. Dynamic Count: Tracks bullish and bearish FVG counts over a customizable 50-bar lookback period. Normalized Gap Values: Displays weighted bullish and bearish FVG patterns for better visualization. Entry and Exit Logic: Buy Signal: Triggered when a bullish FVG meets verification criteria (volume or significant gap). Sell Signal: Triggered when a bearish FVG meets verification criteria. Automatic position management ensures existing positions are closed before entering new ones. Visualization: Plots bullish and bearish FVG counts and highlights areas above and below zero. Displays normalized gap widths as histograms for both long and short patterns. This strategy provides a robust framework for detecting and trading fair value gaps, making it ideal for traders seeking a gap-based methodology. Use it for backtesting or customize it further for your trading style. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
Fractals 14 / Owl of ProfitFractals Strategy (14 Bars) This strategy leverages Fractal Indicators to detect potential trend reversals based on price extremes over a 14-bar window. Features: Fractal Calculation: Fractals Up: Identifies the highest high within the last 15 bars. Fractals Down: Identifies the lowest low within the last 15 bars. Entry and Exit Logic: Buy Signal: Triggered when a fractal up is detected, signaling a potential upward reversal. Sell Signal: Triggered when a fractal down is detected, signaling a potential downward reversal. Exits are based on the appearance of an opposing fractal, ensuring timely trade closures. Customization Options: The 14-bar calculation window can be adjusted for different trading instruments and timeframes. Visualization: Fractals are plotted directly on the chart, helping traders easily spot reversal zones and refine their entries and exits. This strategy is optimized for quick market reactions and is ideal for those seeking clear and straightforward reversal signals. Use it for backtesting and further adaptation to your preferred trading style. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
Fibonacci Retracement + Pivot Points + RSI / Owl of ProfitFibonacci Retracement + Pivot Points + RSI Strategy This strategy combines Fibonacci Retracement, Pivot Points, and the Relative Strength Index (RSI) to identify key support/resistance levels, overbought/oversold conditions, and potential trade opportunities. Features: Fibonacci Retracement Levels: Key levels (38.2%, 50%, 61.8%) are plotted to identify potential support and resistance zones. Helps traders determine possible reversal or bounce points. Pivot Points: Automatically detects swing highs and lows on the chart. Assists in locating key levels for entry or exit. Relative Strength Index (RSI): Identifies overbought (above 70) and oversold (below 30) conditions. Provides additional confirmation for trades. Entry and Exit Conditions: Buy Signal: Triggered when the price bounces from a Fibonacci retracement level and RSI is below 30 (oversold). Sell Signal: Triggered when the price rejects a Fibonacci retracement level and RSI is above 70 (overbought). Customization Options: Adjust Fibonacci levels, pivot point sensitivity, and RSI thresholds to suit different markets and trading styles. Visualization: Fibonacci retracement levels and pivot points are displayed directly on the chart. RSI is plotted in a separate panel, with overbought/oversold levels clearly marked. This strategy is designed for educational and testing purposes. Use it as a foundation for further backtesting and adapting to your trading approach. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
EMA 9 a 21 + Stochastic RSI / Owl of ProfitEMA 9/21 + Stoch RSI Strategy This strategy combines Exponential Moving Averages (EMA) with Stochastic RSI to identify high-probability trading opportunities by analyzing both trend direction and overbought/oversold conditions. Features: Exponential Moving Averages (EMA): Tracks short-term (9-period) and mid-term (21-period) trends. Crossover signals are used to determine bullish and bearish trends. Stochastic RSI: Identifies overbought and oversold market conditions. Adds a layer of confirmation to EMA crossovers, improving signal quality. Entry and Exit Conditions: Long Entry: Triggered when EMA 9 crosses above EMA 21 (bullish crossover) and Stochastic RSI is below the oversold threshold (default: 20). Short Entry: Triggered when EMA 9 crosses below EMA 21 (bearish crossover) and Stochastic RSI is above the overbought threshold (default: 80). Positions are closed when the opposite signal occurs. Customization Options: Adjust EMA and Stochastic RSI lengths to suit your trading preferences. Modify overbought and oversold levels for different market conditions. Visualization: Plots EMA 9 and EMA 21 directly on the price chart for trend analysis. Displays Stochastic RSI in a separate panel for clear visualization of overbought/oversold zones. This strategy is designed for educational and testing purposes. Use it as a foundation for further backtesting and adapting to your trading approach. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
EMA 9/21 + ATR Stop-Loss / Owl of ProfitEMA 9/21 + ATR SL Strategy This strategy combines Exponential Moving Averages (EMA) with a Stop-Loss based on the Average True Range (ATR) to create a robust trend-following system with volatility-based risk management. Features: Exponential Moving Averages (EMA): Tracks short-term (9-period) and mid-term (21-period) trends. Crossover signals indicate bullish or bearish trends for trade entries. Average True Range (ATR): Dynamically calculates Stop-Loss levels based on market volatility. Protects trades by adapting to changing market conditions. Entry and Exit Conditions: Long Entry: Triggered when EMA 9 crosses above EMA 21 (bullish crossover). Short Entry: Triggered when EMA 9 crosses below EMA 21 (bearish crossover). Positions are exited when the Stop-Loss level, calculated using ATR, is hit. Customization Options: Adjust the periods for EMA and ATR to suit different trading styles or markets. Modify the ATR multiplier for tighter or looser Stop-Loss levels. Visualization: EMA 9 and EMA 21 are plotted directly on the price chart for clear trend identification. ATR-based Stop-Loss levels are dynamically calculated for each trade. This strategy is designed for educational and testing purposes. Use it as a foundation for further backtesting and adapting to your trading approach. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
EMA 9 + EMA 21 / Owl of ProfitEMA 9 + EMA 21 Strategy This simple yet effective strategy uses the Exponential Moving Average (EMA) crossover method to identify trend reversals and generate buy and sell signals. Features: Exponential Moving Averages (EMA): Tracks short-term (9-period) and mid-term (21-period) trends. Crossover signals are used to determine potential entry and exit points. Entry and Exit Conditions: Long Entry: Triggered when EMA 9 crosses above EMA 21 (bullish crossover). Short Entry: Triggered when EMA 9 crosses below EMA 21 (bearish crossover). Positions are closed immediately when an opposite crossover occurs. Customization Options: Easily adjust the periods of EMA to suit different trading styles or asset classes. Visualization: Both EMAs are plotted directly on the price chart for clear trend identification. Long and short signals are executed based on crossover events. This strategy is designed for educational and testing purposes. Use it as a foundation for further backtesting and adapting to your trading approach. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
EMA12 + EMA26 + MACD + RSI / Owl of ProfitEMA 12 + EMA 26 + MACD + RSI Strategy This strategy combines Exponential Moving Averages (EMA), MACD, and RSI to identify high-probability trading opportunities. It uses trend, momentum, and overbought/oversold conditions to refine entry and exit points. Features: Exponential Moving Averages (EMA): Tracks short-term (12-period) and long-term (26-period) trends for crossover signals. MACD Indicator: Confirms trend strength and momentum using the MACD line and Signal line crossover. Includes a histogram for visualizing bullish or bearish momentum. RSI (Relative Strength Index): Identifies overbought and oversold conditions to avoid entering trades in extreme zones. Entry Conditions: Long Entry: Triggered when EMA12 crosses above EMA26, MACD crosses above the Signal line, and RSI is below 70. Sell Exit: Triggered when EMA12 crosses below EMA26, MACD crosses below the Signal line, and RSI is above 30. Customization Options: Modify lengths for EMA, MACD, and RSI to suit your trading preferences. Visualization: Plots EMA12 and EMA26 on the price chart for trend identification. Displays MACD histogram and RSI in separate panels for momentum and strength analysis. Entry and exit signals are clearly marked on the chart. This strategy is designed for educational and testing purposes. Use it as a foundation for backtesting and adapting to your trading style. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
EMA 12 + EMA 26 + MACD / Owl of ProfitEMA 12 + EMA 26 + MACD Strategy This strategy combines Exponential Moving Averages (EMA) with the MACD indicator to identify bullish and bearish market trends. It includes dynamic stop-loss and take-profit levels for risk management. Features: Exponential Moving Averages (EMA): Tracks short-term and long-term trends using 12-period and 26-period EMAs. Provides clear crossover signals for trend direction. MACD Indicator: Analyzes momentum and confirms entry signals using the MACD line and Signal line crossover. Includes a histogram for visualizing bullish and bearish momentum. Entry Conditions: Long Entry: Triggered when the short EMA crosses above the long EMA and MACD is above the Signal line. Short Entry: Triggered when the short EMA crosses below the long EMA and MACD is below the Signal line. Exit Conditions: Dynamic Stop-Loss and Take-Profit levels based on user-defined percentages. Positions are also closed when the EMA or MACD signals reverse. Customization Options: Adjust EMA lengths for sensitivity to trends. Modify MACD settings (fast, slow, and signal periods). Set Stop-Loss and Take-Profit percentages for risk and reward management. Visualization: Plots short and long EMAs directly on the chart for easy trend identification. Includes MACD and Signal line with a histogram in a separate panel for momentum analysis. Entry and exit signals are clearly marked on the chart. This strategy is designed for educational and testing purposes. Use it as a foundation for backtesting and adapting to your trading style. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit
Price & P/E Regression with Mean Reversion Zones (6 Years)This indicator is designed to analyze the relationship between a stock's price and its price-to-earnings (P/E) ratio relative to their respective regression trends over a six-year period. Based on research, the indicator highlights mean reversion zones—areas where price and P/E deviate significantly from their historical averages. These zones signal potential overvaluation or undervaluation, providing insights into whether a stock is trading above or below its fair value. By incorporating regression analysis, the tool identifies long-term price and valuation trends, while mean reversion dynamics help anticipate possible corrections or continuations. This approach combines price momentum, valuation insights, and historical behavior to inform both short-term trading opportunities and long-term investment decisions.
Pine Script™ indicator
by Zamara888
Donchian Channels + Volume Strategy / Owl of ProfitDonchian Channels + Volume Strategy This strategy combines Donchian Channels with Volume analysis to identify potential breakout opportunities and confirm them with volume strength. It is designed to capture trend reversals and breakouts based on price action and volume dynamics. Features: Donchian Channels: Tracks the highest high and lowest low over a customizable period. Provides dynamic support and resistance levels for breakout identification. Volume Confirmation: Uses a Volume SMA to validate breakout signals by ensuring above-average volume. Entry Conditions: Long: Triggered when the price crosses above the previous upper Donchian Channel, with volume greater than the average. Short: Triggered when the price crosses below the previous lower Donchian Channel, with volume greater than the average. Exit Conditions: Long Exit: Triggered when the price crosses below the current lower Donchian Channel. Short Exit: Triggered when the price crosses above the current upper Donchian Channel. Customization Options: Adjust the Donchian Channel period for breakout sensitivity. Modify the Volume SMA period to fine-tune volume confirmation. Visualization: Dynamic Donchian Channels plotted with shaded areas for better zone visibility. Visual markers for entry and exit signals directly on the chart. This strategy is designed for educational and testing purposes. Use it as a foundation for backtesting and adapting to your trading style. Visit my website for more tools and strategies: bybitindicators.com Happy trading!
Pine Script™ strategy
by Owl_of_Profit