is_strategyCorrection-Adaptive Trend Strategy (Open-Source)
Core Advantage: Designed specifically for the is_correction indicator, with full transparency and customization options.
Key Features:
Open-Source Code:
✅ Full access to the strategy logic – study how every trade signal is generated.
✅ Freedom to customize – modify entry/exit rules, risk parameters, or add new indicators.
✅ No black boxes – understand and trust every decision the strategy makes.
Built for is_correction:
Filters out false signals during market noise.
Works only in confirmed trends (is_correction = false).
Adaptable for Your Needs:
Change Take Profit/Stop Loss ratios directly in the code.
Add alerts, notifications, or integrate with other tools (e.g., Volume Profile).
For Developers/Traders:
Use the code as a template for your own strategies.
Test modifications risk-free on historical data.
How the Strategy Works:
Main Goal:
Automatically buys when the price starts rising and sells when it starts falling, but only during confirmed trends (ignoring temporary pullbacks).
What You See on the Chart:
📈 Up arrows ▼ (below the candle) = Buy signal.
📉 Down arrows ▲ (above the candle) = Sell signal.
Gray background = Market is in a correction (no trades).
Key Mechanics:
Buy Condition:
Price closes higher than the previous candle + is_correction confirms the main trend (not a pullback).
Example: Red candle → green candle → ▼ arrow → buy.
Sell Condition:
Price closes lower than the previous candle + is_correction confirms the trend (optional: turn off short-selling in settings).
Exit Rules:
Closes trades automatically at:
+0.5% profit (adjustable in settings).
-0.5% loss (adjustable).
Or if a reverse signal appears (e.g., sell signal after a buy).
User-Friendly Settings:
Sell – On (default: ON):
ON → Allows short-selling (selling when price falls).
OFF → Strategy only buys and closes positions.
Revers (default: OFF):
ON → Inverts signals (▼ = sell, ▲ = buy).
%Profit & %Loss:
Adjust these values (0-30%) to increase/decrease profit targets and risk.
Example Scenario:
Buy Signal:
Price rises for 3 days → green ▼ arrow → strategy buys.
Stop loss set 0.5% below entry price.
If price keeps rising → trade closes at +0.5% profit.
Correction Phase:
After a rally, price drops for 1 day → gray background → strategy ignores the drop (no action).
Stop Loss Trigger:
If price drops 0.5% from entry → trade closes automatically.
Key Features:
Correction Filter (is_correction):
Acts as a “noise filter” → avoids trades during temporary pullbacks.
Flexibility:
Disable short-selling, flip signals, or tweak profit/loss levels in seconds.
Transparency:
Open-source code → see exactly how every signal is generated (click “Source” in TradingView).
Tips for Beginners:
Test First:
Run the strategy on historical data (click the “Chart” icon in TradingView).
See how it performed in the past.
Customize It:
Increase %Profit to 2-3% for volatile assets like crypto.
Turn off Sell – On if short-selling confuses you.
Trust the Stop Loss:
Even if you think the price will rebound, the strategy will close at -0.5% to protect your capital.
Where to Find Settings:
Click the strategy name on the top-left of your chart → adjust sliders/toggles in the menu.
Русская Версия
Трендовая стратегия с открытым кодом
Главное преимущество: Полная прозрачность логики и адаптация под ваши нужды.
Особенности:
Открытый исходный код:
✅ Видите всю «кухню» стратегии – как формируются сигналы, когда открываются сделки.
✅ Меняйте правила – корректируйте тейк-профит, стоп-лосс или добавляйте новые условия.
✅ Никаких секретов – вы контролируете каждое правило.
Заточка под is_correction:
Игнорирует ложные сигналы в коррекциях.
Работает только в сильных трендах (is_correction = false).
Гибкая настройка:
Подстройте параметры под свой риск-менеджмент.
Добавьте свои индикаторы или условия для входа.
Для трейдеров и разработчиков:
Используйте код как основу для своих стратегий.
Тестируйте изменения на истории перед реальной торговлей.
Простыми словами:
Почему это удобно:
Открытый код = полный контроль. Вы можете:
Увидеть, как именно стратегия решает купить или продать.
Изменить правила закрытия сделок (например, поставить TP=2% вместо 1.5%).
Добавить новые условия (например, торговать только при высоком объёме).
Примеры кастомизации:
Новички: Меняйте только TP/SL в настройках (без кодинга).
Продвинутые: Добавьте RSI-фильтр, чтобы избегать перекупленности.
Разработчики: Встройте стратегию в свою торговую систему.
Как начать:
Скачайте код из TradingView.
Изучите логику в разделе strategy.entry/exit.
Меняйте параметры в блоке input.* (безопасно!).
Тестируйте изменения и оптимизируйте под свои цели.
Как работает стратегия:
Главная задача:
Автоматически покупает, когда цена начинает расти, и продаёт, когда падает. Но делает это «умно» — только когда рынок в основном тренде, а не во временном откате (коррекции).
Что видно на графике:
📈 Стрелки вверх ▼ (под свечой) — сигнал на покупку.
📉 Стрелки вниз ▲ (над свечой) — сигнал на продажу.
Серый фон — рынок в коррекции (не торгуем).
Как это работает:
Когда покупаем:
Если цена закрылась выше предыдущей и индикатор is_correction показывает «основной тренд» (не коррекция).
Пример: Была красная свеча → стала зелёная → появилась стрелка ▼ → покупаем.
Когда продаём:
Если цена закрылась ниже предыдущей и is_correction подтверждает тренд (опционально, можно отключить в настройках).
Когда закрываем сделку:
Автоматически при достижении:
+0.5% прибыли (можно изменить в настройках).
-0.5% убытка (можно изменить).
Или если появился противоположный сигнал (например, после покупки пришла стрелка продажи).
Настройки для чайников:
«Sell – On» (включено по умолчанию):
Если включено → стратегия будет продавать в шорт.
Если выключено → только покупки и закрытие позиций.
«Revers» (выключено по умолчанию):
Если включить → стратегия будет работать наоборот (стрелки ▼ = продажа, ▲ = покупка).
«%Profit» и «%Loss»:
Меняйте эти цифры (от 0 до 30), чтобы увеличить/уменьшить прибыль и риски.
Пример работы:
Сигнал на покупку:
Цена 3 дня растет → появляется зелёная стрелка ▼ → стратегия покупает.
Стоп-лосс ставится на 0.5% ниже цены входа.
Если цена продолжает расти → сделка закрывается при +0.5% прибыли.
Коррекция:
После роста цена падает на 1 день → фон становится серым → стратегия игнорирует это падение (не закрывает сделку).
Стоп-лосс:
Если цена упала на 0.5% от точки входа → сделка закрывается автоматически.
Важные особенности:
Фильтр коррекций (is_correction):
Это «защита от шума» — стратегия не реагирует на мелкие откаты, работая только в сильных трендах.
Гибкие настройки:
Можно запретить шорты, перевернуть сигналы или изменить уровни прибыли/убытка за 2 клика.
Прозрачность:
Весь код открыт → вы можете увидеть, как формируется каждый сигнал (меню «Исходник» в TradingView).
Советы для новичков:
Начните с теста:
Запустите стратегию на исторических данных (кнопка «Свеча» в окне TradingView).
Посмотрите, как она работала в прошлом.
Настройте под себя:
Увеличьте %Profit до 2-3%, если торгуете валюты.
Отключите «Sell – On», если не понимаете шорты.
Доверяйте стоп-лоссу:
Даже если кажется, что цена развернётся — стратегия закроет сделку при -0.5%, защитив ваш депозит.
Где найти настройки:
Кликните на название стратегии в верхнем левом углу графика → откроется меню с ползунками и переключателями.
Важно: Стратегия предоставляет «рыбу» – чтобы она стала «уловистой», адаптируйте её под свой стиль торговли!
Trend Analysis
Breakouts With Timefilter Strategy [LuciTech]This strategy captures breakout opportunities using pivot high/low breakouts while managing risk through dynamic stop-loss placement and position sizing. It includes a time filter to limit trades to specific sessions.
How It Works
A long trade is triggered when price closes above a pivot high, and a short trade when price closes below a pivot low.
Stop-loss can be set using ATR, prior candle high/low, or a fixed point value. Take-profit is based on a risk-reward multiplier.
Position size adjusts based on the percentage of equity risked.
Breakout signals are marked with triangles, and entry, stop-loss, and take-profit levels are plotted.
moving average filter: Bullish breakouts only trigger above the MA, bearish breakouts below.
The time filter shades the background during active trading hours.
Customization:
Adjustable pivot length for breakout sensitivity.
Risk settings: percentage risked, risk-reward ratio, and stop-loss type.
ATR settings: length, smoothing method (RMA, SMA, EMA, WMA).
Moving average filter (SMA, EMA, WMA, VWMA, HMA) to confirm breakouts.
EMA Alignment & Spread Monitor (Sang Youn)Overview
The EMA Alignment & Spread Monitor is a dynamic trading script designed to monitor EMA (Exponential Moving Average) alignments, track spread deviations, and provide real-time alerts when significant conditions are met. This script allows traders to customize their EMA periods, analyze market trends based on EMA positioning, and receive visual and audio alerts when key spread conditions occur.
🔹 Key Features
✅ Customizable EMA Periods – Users can input their own EMA lengths to adapt the script to various market conditions. (Default: 5, 10, 20, 60, 120)
✅ EMA Alignment Detection – Identifies bullish alignment (all EMAs in ascending order) and bearish alignment (all EMAs in descending order).
✅ Spread Calculation & Monitoring – Computes the spread difference between each EMA and tracks the average spread over a user-defined period.
✅ Deviation Alerts – Notifies traders when:
Bullish Trend: The spread exceeds its average, indicating a potential strong uptrend.
Bearish Trend: The spread falls below its average, signaling a possible downtrend.
✅ Chart Annotations – Displays 📈 (green triangle) when bullish spread exceeds average and 📉 (red triangle) when bearish spread drops below average for easy visualization.
✅ Real-time Alerts – Sends alerts when spread conditions are met, helping traders react to market shifts efficiently.
✅ Spread Histogram – Visual representation of bullish and bearish spread levels for trend analysis.
🔹 How It Works
1️⃣ Set your EMA periods in the script settings (default: 5, 10, 20, 60, 120).
2️⃣ Define the spread average calculation length (default: 50 candles).
3️⃣ The script tracks EMA alignment to determine bullish or bearish trends.
4️⃣ If the spread deviates significantly from its average, the script:
Places a 📈 green triangle above candles in a bullish trend when spread > average.
Places a 📉 red triangle below candles in a bearish trend when spread < average.
Triggers an alert for timely decision-making.
5️⃣ Use the histogram & real-time alerts to stay ahead of market movements.
Ragi's Divergence HelperThis is Ragi's Divergence Helper is a TradingView indicator designed to track bullish and bearish divergences across multiple timeframes. It provides a clear, structured dashboard that remains fixed in a chosen corner of the chart for easy visibility.
Recommendations:
Put dashboard on lower left corner is less obstructive.
Use along with any RSI indicator for confirmations of bullish and bearish divergences.
Key Features:
✅ Timeframe Coverage: Monitors 5m, 10m, 15m, 30m, 1H, 2H, 4H, and Daily timeframes.
✅ Divergence Detection: Identifies whether a bullish (green) or bearish (red) divergence is present on each timeframe, displaying "None" if no divergence is detected.
✅ Divergence Lineup: Summarizes the overall market direction by checking if multiple timeframes align bullish or bearish.
✅ Customizable Settings: Users can adjust colors, panel position (Top Right, Bottom Right, Bottom Left, Top Left), and background color for better chart integration.
✅ Fixed & Readable Panel: Ensures the information is always visible without interfering with price action analysis.
How to Use It:
If multiple timeframes show bullish divergences, it may indicate a potential trend reversal or continuation to the upside.
If multiple timeframes show bearish divergences, it may signal a possible price drop or reversal downward.
When no divergences are present, it suggests no immediate divergence-based trading opportunity.
This indicator is ideal for traders looking for quick divergence insights across different timeframes without needing to analyze multiple indicators manually. 🚀
RSI & EMA IndicatorMulti-Timeframe EMA & RSI Analysis with Trend Merging Detection
Overview
This script provides traders with a multi-timeframe analysis tool that simplifies trend detection, momentum confirmation, and potential trend shifts. It integrates Exponential Moving Averages (EMAs) and the Relative Strength Index (RSI) across Daily, Weekly, and Monthly timeframes, helping traders assess both long-term and short-term market conditions at a glance.
This script is a simplification and modification of the EMA Cheatsheet by MarketMoves, reducing chart clutter while adding EMA merging detection to highlight potential trend reversals or breakouts.
Originality and Usefulness
Unlike traditional indicators, which focus on a single timeframe, this script combines multiple timeframes in a single view to offer a comprehensive market outlook.
What Makes This Indicator Unique?
This Indicator to Combine RSI and EMA Clouds for Multiple Timeframes
Multi-Timeframe Trend Analysis in One Visual Tool
EMA Merging Detection to Spot Trend Shifts Early
Momentum Validation Using RSI Across Daily, Weekly, and Monthly Timeframes
Reduces Chart Clutter While Providing Actionable Trade Signals
I couldn't find a TradingView indicator that displayed RSI and EMA clouds together across Daily, Weekly, and Monthly timeframes. This tool bridges that gap, allowing traders to see trend strength and momentum shifts across key timeframes without switching charts.
How the Script Works
1. Trend Direction via EMAs
The script tracks Short-term (5 & 12-period), Medium-term (34 & 50-period), and Long-term (72 & 89-period) EMAs across Daily, Weekly, and Monthly timeframes.
Bullish trend: When faster EMAs are above slower EMAs.
Bearish trend: When faster EMAs are below slower EMAs.
A visual table simplifies trend recognition with:
Green cells for bullish alignment.
Red cells for bearish alignment.
This color-coded system allows traders to quickly assess market momentum across different timeframes without excessive manual analysis.
2. Momentum Confirmation with RSI
The RSI(14) values for Daily, Weekly, and Monthly timeframes are displayed alongside the EMAs.
RSI above 70 suggests overbought conditions.
RSI below 30 suggests oversold conditions.
By combining RSI with EMA trends, traders can confirm whether momentum supports the trend direction or if the market is losing strength.
3. Trend Shift Detection (EMA Merging Mechanism)
A unique feature of this script is EMA merging detection, which occurs when:
The short, medium, and long-term EMAs come within 0.5% of the price.
This often signals trend reversals, breakouts, or consolidations.
When this condition is met, a warning signal appears, alerting traders to potential market shifts.
Who This Indicator Is For?
This script is designed for traders who want to track trends across multiple timeframes while keeping a clean and simplified chart.
Swing & Position Traders – Identify strong trends and potential momentum shifts for longer-term trades.
Trend Followers – Stay aligned with major market trends and avoid trading against momentum.
Day Traders – Use the Daily timeframe for entries while referencing higher timeframes for confirmation.
How to Use the Indicator
Add the indicator to any chart.
Check the trend table in the top-right corner:
Green cells indicate a bullish trend.
Red cells indicate a bearish trend.
Look at RSI values to confirm momentum:
RSI above 70 = Overbought.
RSI below 30 = Oversold.
Watch for the "Merge" alert to spot potential reversals or consolidations.
Combine signals from multiple timeframes for stronger trade decisions.
Why This Indicator is Unique on TradingView?
Before this script, no TradingView indicator displayed RSI and EMA clouds together across multiple timeframes (Daily, Weekly, Monthly).
This tool eliminates the need to:
Manually check multiple timeframes for trend alignment.
Add multiple EMA and RSI indicators to the same chart, creating clutter.
Constantly switch between different timeframes to confirm momentum and trend direction.
With this indicator, traders can see trend strength and momentum shifts instantly, improving their decision-making process.
Chart Guidelines
The script is designed for use on a clean chart to maximize clarity.
The trend alignment table is displayed in a non-intrusive manner so traders can focus on price action.
No additional indicators are required, but users may combine this script with volume-based indicators for further confirmation.
The script name and timeframe should always be visible on published charts to help traders understand the analysis.
Final Notes
This script is a simplification and modification of the EMA Cheatsheet by MarketMoves, improving trend detection, momentum confirmation, and EMA merging detection.
It is designed to help traders quickly identify trend direction, confirm momentum, and detect potential trend shifts, reducing the need for excessive manual analysis.
Disclaimer: This indicator is for educational purposes only and does not constitute financial advice. Trading involves risk; always use proper risk management when applying this tool in live markets.
Mayer Multiple Zones (Crypto)Enhanced Mayer Multiple Zones
Advanced crypto valuation zones with ETH/BTC context
Key Features
Shows 6 price zones based on MA200 multiples (bubble, take profit, fair value, accumulation, value buy, strong buy)
Adds ETH/BTC ratio context for stronger signals
Works on any crypto with sufficient price history ( ETH , SOL , AAVE , etc)
Color intensity changes based on market conditions
How to Read
Color Zones : Price relative to its MA200 history
Zone Opacity : Stronger color = stronger signal (influenced by ETH/BTC context)
Status Box : Shows current "Enhanced Status" combining price level with ETH/BTC context
Context Line : Explains why the signal is strong or weak
Buy/Sell Signals
Strong Buy Signals :
• " EXTREME VALUE " (blue zone + BTC dominance)
• " STRONG VALUE BUY " (cyan zone + BTC preference)
Take Profit Signals :
• " CONFIRMED BUBBLE " (purple zone + altcoin dominance)
• " APPROACHING BUBBLE " (red zone + rising altcoin strength)
Customization
Adjust multiple thresholds (0.6x, 0.8x, 2.0x, 2.5x, 3.0x)
Toggle ETH/BTC context analysis
Configure ETH/BTC thresholds for market bias
Change MA length from default 200
This indicator helps identify optimal entry and exit points by watching the vertical color streaks on your chart. Look for deep blue/cyan zones with high opacity for strong buying opportunities, and intense purple/red zones for potential exits. The darker the color intensity, the stronger the signal—no complex interpretation needed!
Market Trend Levels Detector [BigBeluga]Market Trend Levels Detector is an trend-following tool that utilizes moving average crossovers to identify key market trend levels. By detecting local highs and lows after EMA crossovers, the indicator helps traders track significant price zones and trend strength.
🔵 Key Features:
EMA Crossover-Based Trend Levels Detection:
Uses a fast and slow EMA to detect market flow shifts.
When the fast EMA crosses under the slow EMA, the indicator searches for the most recent local top and marks it with a label and horizontal level.
When the fast EMA crosses over the slow EMA, it searches for the most recent local low and marks it accordingly.
Dynamic Zone Levels:
Each detected high or low is plotted as a horizontal level, highlighting important price zones.
Traders can extend these levels to observe how price interacts with them over time.
If price crosses a level, its extension stops. Uncrossed levels continue expanding.
Gradient Trend Band Visualization:
The trend band is formed by shading the area between the two EMAs.
Color intensity varies based on volatility and trend strength.
Strong trends and high volatility areas appear with more intense colors, making trend shifts visually distinct.
🔵 Usage:
Trend Identification: Use EMA crossovers and trend bands to confirm bullish or bearish momentum.
Key Zone Mapping: Observe local high/low levels to track historical reaction points.
Breakout & Rejection Signals: Monitor price interactions with extended levels to assess potential breakouts or reversals.
Volatility Strength Analysis: Use color intensity in the trend band to gauge trend power and possible exhaustion points.
Scalping & Swing Trading: Ideal for both short-term scalping strategies and larger swing trade setups.
Market Trend Levels Detector is a must-have tool for traders looking to track market flow, key price levels, and trend momentum with dynamic visual cues. It provides a comprehensive approach to identifying high-probability trade setups using EMA-based flow detection and trend analysis.
100 Point Scaled EMA100 Point Scaled EMA is a distinctive indicator that standardizes trend analysis by normalizing price data. Here’s a breakdown of its technical features:
Normalized Exponential Moving Averages (EMAs):
Dual EMAs: Configurable lengths (typically 9 and 21) are applied to calculate EMAs.
Scaling Mechanism: The EMAs are normalized to a fixed 0–100 range using the highest and lowest prices over the last 100 bars, enabling consistent analysis regardless of market volatility.
Integrated Relative Strength Index (RSI):
A 14-period RSI is incorporated to provide additional momentum and overbought/oversold insights.
Dynamic Visual Cues:
Gradient Fills: Visual gradients highlight overbought and oversold regions, enhancing the readability of trend shifts.
Crossover Signals:
The script detects EMA crossovers with specific conditions—crossover events occurring below 25 and above 75—to mark potential trade setups.
This technical approach makes the 100 Point Scaled EMA a powerful tool for traders, offering a simple unique and standardized perspective on market trends.
Enhanced KLSE Banker Flow Oscillator# Enhanced KLSE Banker Flow Oscillator
## Description
The Enhanced KLSE Banker Flow Oscillator is a sophisticated technical analysis tool designed specifically for the Malaysian stock market (KLSE). This indicator analyzes price and volume relationships to identify potential smart money movements, providing early signals for market reversals and continuation patterns.
The oscillator measures the buying and selling pressure in the market with a focus on detecting institutional activity. By combining money flow calculations with volume filters and price action analysis, it helps traders identify high-probability trading opportunities with reduced noise.
## Key Features
- Dual-Timeframe Analysis: Combines long-term money flow trends with short-term momentum shifts for more accurate signals
- Adaptive Volume Filtering: Automatically adjusts volume thresholds based on recent market conditions
- Advanced Divergence Detection: Identifies potential trend reversals through price-flow divergences
- Early Signal Detection: Provides anticipatory signals before major price movements occur
- Multiple Signal Types: Offers both early alerts and strong confirmation signals with clear visual markers
- Volatility Adjustment: Adapts sensitivity based on current market volatility for more reliable signals
- Comprehensive Visual Feedback: Color-coded oscillator, signal markers, and optional text labels
- Customizable Display Options: Toggle momentum histogram, early signals, and zone fills
- Organized Settings Interface: Logically grouped parameters for easier configuration
## Indicator Components
1. Main Oscillator Line: The primary banker flow line that fluctuates above and below zero
2. Early Signal Line: Secondary indicator showing potential emerging signals
3. Momentum Histogram: Visual representation of flow momentum changes
4. Zone Fills: Color-coded background highlighting positive and negative zones
5. Signal Markers: Visual indicators for entry and exit points
6. Reference Lines: Key levels for strong and early signals
7. Signal Labels: Optional text annotations for significant signals
## Signal Types
1. Strong Buy Signal (Green Arrow): Major bullish signal with high probability of success
2. Strong Sell Signal (Red Arrow): Major bearish signal with high probability of success
3. Early Buy Signal (Blue Circle): First indication of potential bullish trend
4. Early Sell Signal (Red Circle): First indication of potential bearish trend
5. Bullish Divergence (Yellow Triangle Up): Price making lower lows while flow makes higher lows
6. Bearish Divergence (Yellow Triangle Down): Price making higher highs while flow makes lower highs
## Parameters Explained
### Core Settings
- MFI Base Length (14): Primary calculation period for money flow index
- Short-term Flow Length (5): Calculation period for early signals
- KLSE Sensitivity (1.8): Multiplier for flow calculations, higher = more sensitive
- Smoothing Length (5): Smoothing period for the main oscillator line
### Volume Filter Settings
- Volume Filter % (65): Minimum volume threshold as percentage of average
- Use Adaptive Volume Filter (true): Dynamically adjusts volume thresholds
### Signal Levels
- Strong Signal Level (15): Threshold for strong buy/sell signals
- Early Signal Level (10): Threshold for early buy/sell signals
- Early Signal Threshold (0.75): Sensitivity factor for early signals
### Advanced Settings
- Divergence Lookback (34): Period for checking price-flow divergences
- Show Signal Labels (true): Toggle text labels for signals
### Visual Settings
- Show Momentum Histogram (true): Toggle the momentum histogram display
- Show Early Signal (true): Toggle the early signal line display
- Show Zone Fills (true): Toggle background color fills
## How to Use This Indicator
### Installation
1. Add the indicator to your TradingView chart
2. Default settings are optimized for KLSE stocks
3. Customize parameters if needed for specific stocks
### Basic Interpretation
- Oscillator Above Zero: Bullish bias, buying pressure dominates
- Oscillator Below Zero: Bearish bias, selling pressure dominates
- Crossing Zero Line: Potential shift in market sentiment
- Extreme Readings: Possible overbought/oversold conditions
### Advanced Interpretation
- Divergences: Early warning of trend exhaustion
- Signal Confluences: Multiple signal types appearing together increase reliability
- Volume Confirmation: Signals with higher volume are more significant
- Momentum Alignment: Histogram should confirm direction of main oscillator
### Trading Strategies
#### Trend Following Strategy
1. Identify market trend direction
2. Wait for pullbacks shown by oscillator moving against trend
3. Enter when oscillator reverses back in trend direction with a Strong signal
4. Place stop loss below/above recent swing low/high
5. Take profit at previous resistance/support levels
#### Counter-Trend Strategy
1. Look for oscillator reaching extreme levels
2. Identify divergence between price and oscillator
3. Wait for oscillator to cross Early signal threshold
4. Enter position against prevailing trend
5. Use tight stop loss (1 ATR from entry)
6. Take profit at first resistance/support level
#### Breakout Confirmation Strategy
1. Identify stock consolidating in a range
2. Wait for price to break out of range
3. Confirm breakout with oscillator crossing zero line in breakout direction
4. Enter position in breakout direction
5. Place stop loss below/above the breakout level
6. Trail stop as price advances
### Signal Hierarchy and Reliability
From highest to lowest reliability:
1. Strong Buy/Sell signals with divergence and high volume
2. Strong Buy/Sell signals with high volume
3. Divergence signals followed by Early signals
4. Strong Buy/Sell signals with normal volume
5. Early Buy/Sell signals with high volume
6. Early Buy/Sell signals with normal volume
## Complete Trading Plan Example
### KLSE Market Trading System
#### Pre-Trading Preparation
1. Review overall market sentiment (bullish, bearish, or neutral)
2. Scan for stocks showing significant banker flow signals
3. Note key support/resistance levels for watchlist stocks
4. Prioritize trade candidates based on signal strength and volume
#### Entry Rules for Long Positions
1. Banker Flow Oscillator above zero line (positive flow environment)
2. One or more of the following signals present:
- Strong Buy signal (green arrow)
- Bullish Divergence signal (yellow triangle up)
- Early Buy signal (blue circle) with confirming price action
3. Entry confirmation requirements:
- Volume above 65% of 20-day average
- Price above short-term moving average (e.g., 20 EMA)
- No immediate resistance within 3% of entry price
4. Entry on the next candle open after signal confirmation
#### Entry Rules for Short Positions
1. Banker Flow Oscillator below zero line (negative flow environment)
2. One or more of the following signals present:
- Strong Sell signal (red arrow)
- Bearish Divergence signal (yellow triangle down)
- Early Sell signal (red circle) with confirming price action
3. Entry confirmation requirements:
- Volume above 65% of 20-day average
- Price below short-term moving average (e.g., 20 EMA)
- No immediate support within 3% of entry price
4. Entry on the next candle open after signal confirmation
#### Position Sizing Rules
1. Base risk per trade: 1% of trading capital
2. Position size calculation: Capital × Risk% ÷ Stop Loss Distance
3. Position size adjustments:
- Increase by 20% for Strong signals with above-average volume
- Decrease by 20% for Early signals without confirming price action
- Standard size for all other valid signals
#### Stop Loss Placement
1. For Long Positions:
- Place stop below the most recent swing low
- Minimum distance: 1.5 × ATR(14)
- Maximum risk: 1% of trading capital
2. For Short Positions:
- Place stop above the most recent swing high
- Minimum distance: 1.5 × ATR(14)
- Maximum risk: 1% of trading capital
#### Take Profit Strategy
1. First Target (33% of position):
- 1.5:1 reward-to-risk ratio
- Move stop to breakeven after reaching first target
2. Second Target (33% of position):
- 2.5:1 reward-to-risk ratio
- Trail stop at previous day's low/high
3. Final Target (34% of position):
- 4:1 reward-to-risk ratio or
- Exit when opposing signal appears (e.g., Strong Sell for long positions)
#### Trade Management Rules
1. After reaching first target:
- Move stop to breakeven
- Consider adding to position if new confirming signal appears
2. After reaching second target:
- Trail stop using banker flow signals
- Exit remaining position when:
- Oscillator crosses zero line in opposite direction
- Opposing signal appears
- Price closes below/above trailing stop level
3. Maximum holding period:
- 20 trading days for trend-following trades
- 10 trading days for counter-trend trades
- Re-evaluate if targets not reached within timeframe
#### Risk Management Safeguards
1. Maximum open positions: 5 trades
2. Maximum sector exposure: 40% of trading capital
3. Maximum daily drawdown limit: 3% of trading capital
4. Mandatory stop trading rules:
- After three consecutive losing trades
- After reaching 5% account drawdown
- Resume after two-day cooling period and strategy review
#### Performance Tracking
1. Track for each trade:
- Signal type that triggered entry
- Oscillator reading at entry and exit
- Volume relative to average
- Price action confirmation patterns
- Holding period
- Reward-to-risk achieved
2. Review performance metrics weekly:
- Win rate by signal type
- Average reward-to-risk ratio
- Profit factor
- Maximum drawdown
3. Adjust strategy parameters based on performance:
- Increase position size for highest performing signals
- Decrease or eliminate trades based on underperforming signals
## Advanced Usage Tips
1. Combine with Support/Resistance:
- Signals are more reliable when they occur at key support/resistance levels
- Look for banker flow divergence at major price levels
2. Multiple Timeframe Analysis:
- Use the oscillator on both daily and weekly timeframes
- Stronger signals when both timeframes align
- Enter on shorter timeframe when confirmed by longer timeframe
3. Sector Rotation Strategy:
- Compare banker flow across different sectors
- Rotate capital to sectors showing strongest positive flow
- Avoid sectors with persistent negative flow
4. Volatility Adjustments:
- During high volatility periods, wait for Strong signals only
- During low volatility periods, Early signals can be more actionable
5. Optimizing Parameters:
- For more volatile stocks: Increase Smoothing Length (6-8)
- For less volatile stocks: Decrease KLSE Sensitivity (1.2-1.5)
- For intraday trading: Reduce all length parameters by 30-50%
## Fine-Tuning for Different Markets
While optimized for KLSE, the indicator can be adapted for other markets:
1. For US Stocks:
- Reduce KLSE Sensitivity to 1.5
- Increase Volume Filter to 75%
- Adjust Strong Signal Level to 18
2. For Forex:
- Increase Smoothing Length to 8
- Reduce Early Signal Threshold to 0.6
- Focus more on divergence signals than crossovers
3. For Cryptocurrencies:
- Increase KLSE Sensitivity to 2.2
- Reduce Signal Levels (Strong: 12, Early: 8)
- Use higher Volume Filter (80%)
By thoroughly understanding and properly implementing the Enhanced KLSE Banker Flow Oscillator, traders can gain a significant edge in identifying institutional money flow and making more informed trading decisions, particularly in the Malaysian stock market.
+ Stochastic S/R ZonesHey, all. I have a new indicator here that displays zones on your price chart where the stochastic oscillator has moved out of overbought or oversold back into the range of the indicator that is bounded by those two levels.
I know there are many support and resistance indicators on TradingView already, at least a couple of which use the RSI in a similar way as I am using the stochastic here, but I still believe this is a fairly novel interpretation of the stochastic, and it is, in my opinion, a better oscillator than the RSI to be used in this way.
In addition to the zones being plotted on the chart, the indicator also, optionally, can color candles or plot shapes above candles when the 50 line is crossed, so if you want to use this as a simple momentum indicator without desire of having the below chart indicator taking up screen space, you're pretty much covered on the typical signals you might want from it (with the exception of %K / %D crosses, but there are alerts for that).
Visually, it is a simple, clean indicator. There are the zones, and then candle colors or shapes if you opt to add those. These zones are actually drawn from the candle preceding the cross over or cross under. Reason for that is often times the candle of the cross is fairly impulsive and exiting a consolidation. That period of consolidation is what is important to highlight, at least as far as I am concerned. The zones themselves extend until they are broken by a candle. A support zone stops at the candle that closes below its low. Vice versa for a resistance zone.
Usage is fairly simple. All the standard stochastic inputs are available for you to adjust to your heart's content. Additionally, you can choose either the %K or %D line to use as the source from which the zones are drawn, candles are colored, and shapes are plotted. Not sure if this will matter to most people, but I figured it should be made available.
This should be obvious, but I feel it must be said, just because an oscillator (any oscillator) has exited overbought or oversold does not mean that there must be a reversal (or in the case of a trend pullback, continuation). The oscillator can always simply immediately move back into overbought/sold. Just because a support box prints does not mean you should mortgage your house on a long trade. In strong trends, and depending on your oscillator settings, the indicator might draw a box then only a couple of candles later break it, continuing on with the trend. This of course is telling you something, and you would be wise to listen. As with all things trading, context is important.
Here are a few extra screens for you.
I really hope you all like this. It's been ages since I've created anything new, and despite its simplicity and the few lines of code that make it up, it took a lot of work, as I am a poor coder.
Enjoy,
Scott
6F Signals (With Labels)6F Signals (With Labels)
This TradingView indicator plots potential buy and sell signals.
Signals
- Buy signals: "Buy: " labels appear below the bar.
- Sell signals: "Sell: " labels appear above the bar.
Perfect for traders looking for straightforward, labeled entry and exit points directly on their price chart!
Average Daily Range ProjectionsCreates a trailing high and low projection based on the Average Daily Range.
Track the Session High and Low to determine the Daily Range.
Average the Daily Range by a fixed Period to create an Average Daily Range .
Track the Prior Daily Range .
Track the Current Daily Range .
Track the % of Range completion relative to the CDR & ADR(P).
From the Session Low, project an Average Daily Range High by adding the ADR.
From the Session High, project an Average Daily Range Low by subtracting the ADR.
When %R reaches 100% or greater, the ADR HI & LO will lock, showing the range break out or break down. As the Session High and Low create the Daily Range, observe the reaction of price as it reaches the limit of the expected daily range.
On strongly trending days, CDR is likely greater than PDR and ADR(P). Price can break away.
On ranging days, %R may fail to reach 100% and CDR may be lesser than PDR and ADR(P). Price can bounce around within the bounds of ADR HI & LO.
Market Snap Shot with Pine ScreenerMarket Snap Shot
The Market Snap Shot is a comprehensive technical analysis tool designed to track and display key price metrics across multiple timeframes, including daily, weekly, monthly, quarterly, and yearly data. This script provides a range of essential calculations for traders and investors, enabling them to assess price action, volatility, and market trends at a glance.
Features:
Daily Metrics: Includes the daily percentage change, closing range relative to the daily high/low.
Weekly Metrics: Tracks weekly open, close, range, and calculates week-to-date performance for a broader market view.
Monthly Metrics: Provides similar calculations for monthly price action, offering insights into monthly performance.
Quarter-to-Date (QTD): Displays performance for the current quarter, offering insights into quarterly price movements.
Year-to-Date (YTD): Calculates year-to-date price change, helping users track performance relative to the start of the year.
52-Week High/Low: Displays the current price's distance from the 52-week high and low, giving context to long-term price levels.
Usage:
Traders can use this screener to quickly assess the current market position and make informed decisions based on short-term and long-term trends.
Investors can leverage the 52-week and YTD metrics to gauge the overall strength of an asset in the market.
The tool is versatile for both active traders looking for real-time performance data and for those focusing on longer-term market trends.
Instructions:
This script displays multiple metrics such as percentage changes and range data for daily, weekly, monthly, quarterly, and yearly timeframes. It is designed to be used as a screener tool to assess price action and monitor performance across these key time periods.
Warning:
The "Market Snap Shot" does not provide buy or sell signals but rather serves as a performance tracking tool. Users are encouraged to use this data in conjunction with other technical and fundamental analysis tools.
Trend Detector [victhoreb]Trend Detector is a streamlined indicator that uses the Pearson correlation coefficient between the average price and time to determine market trends. It measures how closely price movement follows the progression of time over a user-defined period, providing a clear gauge of trend direction on a scale from -1 to 1.
How It Works:
The indicator calculates the correlation between price and time. A positive correlation means that as time advances, the price generally rises—signaling an uptrend. Conversely, a negative correlation indicates that the price tends to fall over time, highlighting a downtrend.
With its simple yet effective approach, Trend Detector offers traders an immediate visual and quantitative insight into prevailing market trends.
Fair Value Gap FinderFunctionality
Detection of Fair Value Gaps:
A bullish Fair Value Gap (FVG Up) is identified when the low of two candles before the current bar (low ) is greater than the high of the current bar (high ).
A bearish Fair Value Gap (FVG Down) is identified when the high of two candles before the current bar (high ) is lower than the low of the current bar (low ).
Color Coding:
Bullish Fair Value Gaps are highlighted in green to indicate potential areas of support.
Bearish Fair Value Gaps are highlighted in red to indicate potential areas of resistance.
Visualization Using Rectangles:
If an FVG is detected, the script creates a rectangle spanning a fixed number of bars (right=bar_index+5) to visualize the price inefficiency.
The rectangle extends from the upper to the lower boundary of the gap and has a semi-transparent fill (bgcolor=color.new(color, 90)) for better readability.
Implementation Details
Variable Initialization: The script defines floating-point variables (fvgUpTop, fvgUpBottom, fvgDownTop, fvgDownBottom) to store the price levels of identified gaps.
Conditional Assignments: When an FVG is detected, the corresponding top and bottom boundaries are assigned to the respective variables.
Box Creation: The box.new function is used to draw a rectangle on the chart, marking the FVG zones for better visualization.
Marubozu and Strong Candle DetectorMarubozu and Strong Candle Detector - Indicator Description
This TradingView Pine Script indicator identifies powerful price action signals by detecting two key candle types that can signal strong market momentum:
What It Detects
1. Marubozu Candles: These are candles with little to no wicks, where the body makes up almost the entire candle. Marubozu means "bald head" or "shaved head" in Japanese, referring to the absence of shadows (wicks).
o Bullish Marubozu: A green/up candle with minimal wicks, showing buyers controlled the entire session
o Bearish Marubozu: A red/down candle with minimal wicks, showing sellers dominated the session
2. Strong Candles: These are candles that are significantly larger than the recent average, suggesting exceptional momentum.
o Strong Bullish: Large green/up candles showing powerful buying pressure
o Strong Bearish: Large red/down candles showing powerful selling pressure
Trading Significance
• Bullish Marubozu/Strong Bullish Candles: Often signal the beginning of bullish trends or strong continuation of existing uptrends. These can be excellent entry points for long positions.
• Bearish Marubozu/Strong Bearish Candles: Often indicate the start of bearish trends or powerful continuation of existing downtrends. These can be good entry points for short positions or exit points for long positions.
Key Features
• Customizable Parameters: Adjust sensitivity for body ratio threshold and size comparison
• Visual Indicators: Easy-to-spot markers appear on your charts
• Information Display: Shows key metrics about the current candle
• Alert System: Set notifications for when significant candles form
How To Use This Indicator
1. For Entry Signals:
o Look for bullish Marubozu/strong bullish candles at support levels or after pullbacks
o Look for bearish Marubozu/strong bearish candles at resistance levels or after rallies
2. For Exit Signals:
o Consider taking profits on long positions when bearish Marubozu/strong bearish candles appear
o Consider taking profits on short positions when bullish Marubozu/strong bullish candles appear
3. For Trend Confirmation:
o Multiple signals in the same direction strengthen the case for a trend
This indicator works best on larger timeframes (1H, 4H, Daily) where candle formations have more significance, but can be applied to any timeframe based on your trading style.
Multi-Ticker RS vs SPYThis Pine Script, titled "Multi-Ticker RS vs SPY," is a clean and efficient indicator designed for TradingView, enabling traders to monitor the relative strength (RS) of up to 10 ticker symbols compared to the S&P 500 ETF (SPY) on a single chart. Ideal for options traders, such as those managing a $1,400 account, it provides a simple way to assess which stocks are outperforming or underperforming the broader market. As of February 26, 2025, the script supports any chart timeframe, such as 5-minute or daily intervals, and calculates RS based on a user-defined lookback period, defaulting to 1 bar for real-time insights.
Users can input ticker symbols via customizable settings, with defaults set to popular stocks like AAPL, TSLA, NVDA, GOOGL, AMZN, MSFT, FB, NFLX, INTC, and PYPL. The script fetches closing prices for each ticker and SPY, computes their percentage changes over the lookback period, and determines RS as the ratio of each ticker’s change to SPY’s change, handling division by zero gracefully. It displays each ticker’s current RS score in a vertical column of labels on the chart’s top-left corner, updated on the last bar to avoid clutter. Users can adjust label size (tiny, small, normal, large) and text color for visibility, ensuring a tailored, error-free experience for quick market analysis.
Anchored Powered KAMA [LuxAlgo]The Anchored Powered KAMA tool is a new flavor of the famous Kaufman's Adaptive Moving Average (KAMA).
It adds 5 different anchoring periods, a power exponent to the original KAMA calculation to increase the degree of filtering during ranging trends, and standard deviation bands calculated against the KAMA itself.
🔶 USAGE
In the image above we can see the different parts of the tool, it displays the Anchored Powered KAMA surrounded by standard deviation bands at 2x (solid) and 1x (dashed) by default.
This tool provides a simple and easy way to determine if the current market is ranging or trending and where the market extremes are in the current period.
As a rule of thumb, traders may want to trade extremes in ranges and pullbacks in trends.
When the KAMA is flat, a range is in place, so traders may want to wait for the price to reach an extreme before opening a trade in the other direction.
Conversely, if the KAMA is moving up or down, a trend is in place and traders may want to wait for the price to pull back to the KAMA before opening a trade in the direction of the trend.
🔹 Anchor Period
On the above chart, we can see different anchor periods on different chart timeframes.
This option is very useful for those traders who use multi-timeframe analysis, allowing them to see how the market behaves over different timeframes.
The valid values for this parameter are:
Hourly
Daily
Weekly
Monthly
Yearly
The tool has a built-in Auto feature for traders convenience, it automatically selects the optimal Anchor Period in function of the chart timeframe.
timeframes up to 2m: Hourly
timeframes up to 15m: Daily
timeframes up to 1H: Weekly
timeframes up to 4H: Monthly
larger timeframes: Yearly
🔹 Choosing the Right Anchor Period
In the chart above we can see the custom error message that the tool displays when the Auto feature is disabled and the Anchor Period is too large for the current chart timeframe.
Traders can select a smaller Anchor Period or a larger chart timeframe for the tool to display correctly.
🔶 DETAILS
The tool uses Welford's algorithm to calculate the KAMA's standard deviation, then plots the outer bands at the multiplier specified in the settings panel, and the inner bands at the multiplier specified minus 1.
🔹 Power Exponent
The graph above shows how different values of this parameter can affect the output.
To display the original KAMA a value of 1 must be set, by default this parameter is set to 2.
The higher the value, the better the tool's ability to detect ranges.
🔶 SETTINGS
Anchor Period: Select up to 5 different time periods from Hourly, Daily, Weekly, Monthly, and Yearly.
Source: Choose the source for all calculations.
Power Exponent: Fine-tune the KAMA calculation, a value of 1 will output the original KAMA, and is set to 2 by default.
Band Multiplier: Select the multiplier for the standard deviation bands.
Shavarie's MCV IndicatorShavarie's MCV Indicator (MACD + CCI + Volume Delta) is a custom-built trend-following and volume-based indicator that helps traders confirm market direction with high accuracy. It combines the MACD (Moving Average Convergence Divergence), CCI (Commodity Channel Index), and Volume Delta, ensuring that all three indicators align before making a trading decision. The goal is to filter out false signals and provide high-probability trade setups.
History & Development
Shavarie's MCV Indicator was developed by Shavarie Gordon, an experienced swing trader, to improve trend confirmation on Gold (XAUUSD) and other markets. After testing various indicators, Shavarie discovered that MACD, CCI, and Volume Delta together provide the best combination of trend strength, momentum, and real-time volume flow. This indicator was designed to eliminate lagging signals, improve win rates, and enhance market timing for both swing and scalping strategies.
How It Works & Calculations
MACD (Moving Average Convergence Divergence)
Measures momentum and trend strength using the difference between a 12-period EMA and a 26-period EMA.
The MACD line and Signal line crossover confirms buy/sell signals.
A rising MACD histogram confirms bullish strength, while a falling histogram confirms bearish strength.
CCI (Commodity Channel Index)
Measures how far the price is from its statistical average.
Above +100 → Overbought (strong trend continuation or reversal).
Below -100 → Oversold (strong trend continuation or reversal).
When CCI aligns with MACD, it confirms momentum strength.
Volume Delta
Measures the difference between buying and selling volume in real time.
A positive delta means more aggressive buying (bullish).
A negative delta means more aggressive selling (bearish).
Helps confirm MACD and CCI trends by showing real volume strength.
Key Takeaways & Features
✅ No false signals: All three indicators must align before entering a trade.
✅ Trend confirmation: Ensures momentum and volume agree before trading.
✅ Works on multiple timeframes: Designed for swing trading on the daily and scalping on 45 min + 5 min.
✅ Great for Gold & Metals: Optimized for XAUUSD, XAUJPY, XAU/AUD, and possibly Palladium (XPDUSD).
✅ Custom-built by a professional trader: Developed by Shavarie Gordon after extensive testing.
Summary
Shavarie’s MCV Indicator is a powerful and reliable trading tool that combines momentum, trend, and volume analysis. By ensuring that MACD, CCI, and Volume Delta align, it eliminates false signals and increases trade accuracy. Whether used for swing trading or scalping, this indicator helps traders enter high-probability trades with confidence.
Trend Vanguard StrategyHow to Use:
Trend Vanguard Strategy is a multi-feature Pine Script strategy designed to identify market pivots, draw dynamic support/resistance, and generate trade signals via ZigZag breakouts. Here’s how it works and how to use it:
ZigZag Detection & Pivot Points
The script locates significant swing highs and lows using configurable Depth, Deviation, and Backstep values.
It then connects these pivots with lines (ZigZag) to highlight directional changes and prints labels (“Buy,” “Sell,” etc.) at key turning points.
Support & Resistance Trendlines
Pivot highs and lows are used to draw dashed S/R lines in real-time.
When price crosses these lines, the script triggers a breakout signal (long or short).
EMA Overlays
Up to four EMAs (with customizable lengths and colors) can be overlaid on the chart for added trend confirmation.
Enable/disable each EMA independently via the settings.
Repaint Option
Turning on “Smooth Indicator Lines” (repaint) uses future data to refine past pivots.
This can make historical signals look cleaner but does not reflect true historical conditions.
Turning it off ensures signals remain fixed once they appear.
Strategy Entries & Exits
On each new ZigZag “Buy” or “Sell” signal, the script closes any open position and flips to the opposite side (if desired).
Works with the built-in TradingView Strategy engine for backtesting.
Additional Inputs (Placeholders)
Volume Filter and RSI Filter settings exist but are not fully implemented in the current code. Future versions may incorporate these filters more directly.
How to Use
Add to Chart: Click “Indicators” → “Invite-Only Scripts” (or “My Scripts”) and select “Trend Vanguard Strategy.”
Configure Settings:
Adjust ZigZag Depth, Deviation, and Backstep to fine-tune pivot sensitivity.
Enable or disable each EMA to see how it aligns with market trends.
Toggle “Smooth Indicator Lines” on or off depending on whether you want repainting.
Backtest and Forward Test:
Use TradingView’s “Strategy Tester” tab to review hypothetical performance.
Remember that repainting can alter past signals if enabled.
Monitor Live:
Watch for breakout triangles or ZigZag labels to identify potential reversal or breakout trades in real time.
Disclaimer: This script is purely educational and not financial advice. Always combine it with sound risk management and thorough analysis. Enjoy exploring the script, and feel free to experiment with the different settings to match your trading style!
Nirmal Fair Value GapsICT Fair Value Gaps
Trade Wisely
How a Fair Value Gap Works
Formation:
A Fair Value Gap occurs when a strong price movement (usually from institutional orders) creates an imbalance between buyers and sellers.
This is typically seen in a three-candle pattern, where the middle candle has a large body, and the two surrounding candles have wicks but little overlap with the middle candle’s range.
Identification:
The FVG is marked between the high of the first candle and the low of the third candle (for bullish gaps).
For bearish gaps, it’s the low of the first candle and the high of the third candle.
Market Behavior Around FVG:
Price often retraces into the gap before resuming its original direction.
This happens because the market seeks to "fill" the imbalance where few trades occurred.
Traders use FVGs as potential entry zones for trend continuation trades.
Trading Fair Value Gaps
In an Uptrend:
Look for bullish fair value gaps as potential support zones for buy entries.
Price may dip into the gap and then continue upward.
In a Downtrend:
Look for bearish fair value gaps as potential resistance zones for sell entries.
Price may retrace into the gap and then drop further.
Confluence Factors:
FVGs work best when combined with other strategies like order blocks, liquidity zones, or key Fibonacci levels.
Daily Session Fibonacci LevelsPlots automatic Fibonacci retracement levels based on the current session high and low.
Levels for the prior and current session can be toggled on/off.
Optional: Toggle to show the Fibonacci Level labels.
Allows for customizable levels and colors; toggles for individual levels.
Smart Volume S/R Pro [The_lurker]مؤشر "Smart Volume S/R Pro " هو أداة تحليل فني متقدمة مصممة لمساعدة المتداولين في تحديد مستويات الدعم والمقاومة القوية بناءً على حجم التداول، مع إضافة ميزات تحليلية متطورة مثل تصفية الاتجاه ، مناطق الثقة ، تقييم القوة ، حساب احتمالية الاختراق ، قياس السيولة ، تحديد الأهداف السعرية ، ومستويات فيبوناتشي . وايضا تقديم تسميات (Labels) بجانب كل مستوى دعم ومقاومة، تحتوي على أرقام ومعلومات دقيقة تعكس حالة السوق. هذه التسميات ليست مجرد زينة، بل أدوات تحليلية تساعد المتداولين على اتخاذ قرارات مستنيرة بناءً على بيانات السوقيهدف هذا المؤشر إلى توفير رؤية شاملة للسوق .
الوظائف الرئيسية للمؤشر
1- تحديد مستويات الدعم والمقاومة بناءً على حجم التداول العالي
يقوم المؤشر بتحليل الأشرطة (Bars) السابقة (حتى 300 شريط افتراضيًا) لتحديد النقاط التي شهدت أعلى مستويات حجم التداول.
يرسم خطوط أفقية تمثل مستويات المقاومة (عند أعلى سعر في تلك الأشرطة) والدعم (عند أدنى سعر)، ويمكن للمستخدم اختيار عدد الخطوط المعروضة (من 1 إلى 6).
2- تصفية الاتجاه باستخدام مؤشر ADX
يستخدم المؤشر مؤشر الاتجاه المتوسط (ADX) لتقييم قوة الاتجاه في السوق.
عندما تكون قوة الاتجاه عالية (تتجاوز عتبة محددة، 25 افتراضيًا)، يقلل المؤشر عدد مستويات الدعم والمقاومة المعروضة للتركيز فقط على المستويات الأكثر أهمية.
3- مناطق الثقة الديناميكية
يضيف المؤشر مناطق حول مستويات الدعم والمقاومة بناءً على متوسط المدى الحقيقي (ATR)، مما يساعد المتداولين على تصور النطاقات التي قد يتفاعل فيها السعر مع هذه المستويات.
يمكن تعديل عرض هذه المناطق باستخدام مضاعف ATR.
4- تقييم قوة المستويات
يحسب المؤشر قوة كل مستوى بناءً على حجم التداول، عدد المرات التي تم اختبار المستوى فيها (Touch Count)، وقرب السعر الحالي من المستوى.
يتم عرض درجة القوة (من 0 إلى 100) بجانب كل مستوى إذا تم تفعيل هذه الخاصية.
5- احتمالية الاختراق
يقدّر المؤشر احتمالية اختراق كل مستوى بناءً على الزخم (ROC)، قوة المستوى، والمسافة بين السعر الحالي والمستوى.
يظهر الاحتمال كنسبة مئوية إذا تم تفعيل الخيار، مما يساعد المتداولين على توقع الحركات المحتملة.
6- تحليل السيولة التاريخية
يقيس المؤشر السيولة حول كل مستوى بناءً على حجم التداول في النطاقات القريبة منه.
يمكن عرض قيم السيولة في التسميات أو استخدامها لتعديل عرض الخطوط (الخطوط الأكثر سيولة تظهر أعرض).
7- الأهداف السعرية
عند تفعيل هذه الخاصية، يحسب المؤشر أهداف سعرية للاختراق (Breakout) والارتداد (Reversal) بناءً على الزخم وقوة المستوى وATR.
يمكن عرض هذه الأهداف كنصوص في التسميات أو كخطوط أفقية على الرسم البياني.
8- مستويات فيبوناتشي
يرسم المؤشر مستويات فيبوناتشي (0.0، 0.236، 0.382، 0.5، 0.618، 0.786، 1.0) بناءً على أعلى وأدنى سعر في فترة النظرة الخلفية.
يمكن للمستخدم اختيار أي من هذه المستويات لعرضها أو إخفائها.
9- تنبيه شامل للاختراق
يوفر المؤشر تنبيهًا واحدًا يشمل جميع المستويات، حيث يُطلق التنبيه عندما يخترق السعر أي مستوى دعم أو مقاومة مع رسالة توضح نوع الاختراق والمستوى المخترق.
كيفية عمل المؤشر
الخطوة الأولى: يحدد المؤشر الأشرطة ذات الحجم العالي خلال فترة النظرة الخلفية المحددة (Lookback Period).
الخطوة الثانية: يرسم مستويات الدعم والمقاومة بناءً على أعلى وأدنى الأسعار في تلك الأشرطة، مع مراعاة عدد الخطوط المختارة من المستخدم.
الخطوة الثالثة: يطبق مرشح الاتجاه (إذا كان مفعلاً) لتقليل عدد المستويات في حالة الاتجاه القوي.
الخطوة الرابعة: يضيف التحليلات الإضافية مثل القوة، السيولة، احتمالية الاختراق، والأهداف السعرية، ويرسم مناطق الثقة ومستويات فيبوناتشي حسب الإعدادات.
الخطوة الخامسة: يراقب السعر ويطلق تنبيهًا عند الاختراق.
الإعدادات القابلة للتخصيص
1- فترة النظرة الخلفية (Lookback Period): عدد الأشرطة التي يتم تحليلها (افتراضيًا 300).
2- عدد الخطوط (Number of Lines): من 1 إلى 6 مستويات دعم ومقاومة.
3- الألوان والأنماط: يمكن تغيير ألوان الخطوط وأنماطها (ممتلئة، متقطعة، منقطة).
4- التسميات: تفعيل/تعطيل التسميات، وحجمها، وموقعها، ولون النص.
5- مرشح الاتجاه: تفعيل/تعطيل ADX، وتعديل طوله وعتبته.
6- مناطق الثقة: تفعيل/تعطيل، وتعديل طول ATR ومضاعفه.
7- القوة واحتمالية الاختراق: تفعيل/تعطيل العرض، وتعديل طول ROC.
8- السيولة: تفعيل/تعطيل تأثير السيولة على عرض الخطوط وقيمها في التسميات.
9- الأهداف السعرية: تفعيل/تعطيل الأهداف وعرضها كخطوط.
10- فيبوناتشي: اختيار المستويات المعروضة ولون الخطوط.
فوائد المؤشر
دقة عالية: يعتمد على حجم التداول لتحديد المستويات، مما يجعله أكثر موثوقية من المستويات العشوائية.
مرونة: يوفر خيارات تخصيص واسعة تتيح للمتداولين تكييفه حسب استراتيجياتهم.
تحليل شامل: يجمع بين الدعم والمقاومة، الاتجاه، السيولة، والأهداف في أداة واحدة.
سهولة الاستخدام: التسميات والتنبيهات تجعل من السهل متابعة السوق دون تعقيد.
==================================================================================تسميات (Labels) بجانب كل مستوى دعم ومقاومة، تحتوي على أرقام ومعلومات دقيقة تعكس حالة السوق. هذه التسميات ليست مجرد زينة، بل أدوات تحليلية تساعد المتداولين على اتخاذ قرارات مستنيرة بناءً على بيانات السوق. في هذا الشرح، سنستعرض كل رقم أو قيمة تظهر في التسميات ومعناها العملي.
مكونات التسميات
التسميات تظهر بجانب كل مستوى دعم (Support) ومقاومة (Resistance) وتبدأ بحرف "S" للدعم أو "R" للمقاومة، تليها مجموعة من الأرقام والقيم التي يمكن تفعيلها أو تعطيلها حسب إعدادات المستخدم. إليك تفصيل كل عنصر:
1- عدد اللمسات (Touch Count)
الرمز: يظهر مباشرة بعد "S" أو "R" (مثال: "R: 5" أو "S: 3").
المعنى: يشير إلى عدد المرات التي اختبر فيها السعر هذا المستوى دون اختراقه.
الفائدة: كلما زاد عدد اللمسات، كلما كان المستوى أقوى وأكثر أهمية. على سبيل المثال، إذا كان "R: 5"، فهذا يعني أن السعر ارتد من هذا المستوى 5 مرات، مما يجعله مقاومة قوية محتملة.
2- قوة المستوى (Strength Rating)
الرمز: يظهر بين قوسين مربعين (مثال: " ").
المعنى: قيمة من 0 إلى 100 تعكس قوة المستوى بناءً على عوامل مثل حجم التداول، عدد اللمسات، وقرب السعر الحالي من المستوى.
الفائدة: القيم العالية (مثل 75 أو أكثر) تشير إلى مستوى قوي يصعب اختراقه، بينما القيم المنخفضة (مثل 30 أو أقل) تدل على ضعف المستوى وسهولة اختراقه. يمكن للمتداول استخدام هذا لتحديد المستويات الأكثر موثوقية.
3- احتمالية الاختراق (Breakout Probability)
الرمز: يبدأ بحرف "B" متبوعًا بنسبة مئوية (مثال: "B: 60%").
المعنى: نسبة من 0% إلى 100% تُظهر احتمالية اختراق السعر للمستوى بناءً على الزخم الحالي، قوة المستوى، والمسافة بين السعر والمستوى.
الفائدة: نسبة مرتفعة (مثل 60% أو أكثر) تعني أن السعر قد يخترق المستوى قريبًا، بينما النسب المنخفضة (مثل 20%) تشير إلى احتمال ارتداد السعر. هذا مفيد لتوقع الحركة التالية.
4- قيمة السيولة (Liquidity Value)
الرمز: يبدأ بحرف "L" متبوعًا برقم (مثال: "L: 1200").
المعنى: يمثل متوسط حجم التداول في النطاق القريب من المستوى، مما يعكس السيولة التاريخية حوله.
الفائدة: القيم العالية تدل على وجود سيولة كبيرة، مما يعني أن السعر قد يتفاعل بقوة مع هذا المستوى (إما بالارتداد أو الاختراق). القيم المنخفضة تشير إلى سيولة ضعيفة، مما قد يجعل المستوى أقل تأثيرًا.
5- الأهداف السعرية (Price Targets)
الرمز: يبدأ بـ "BT" (هدف الاختراق) و"RT" (هدف الارتداد) متبوعين بأرقام (مثال: "BT: 150.50 RT: 148.20").
المعنى:
BT (Breakout Target): السعر المحتمل الذي قد يصل إليه السعر بعد اختراق المستوى.
RT (Reversal Target): السعر المحتمل الذي قد يصل إليه السعر إذا ارتد من المستوى.
الفائدة: تساعد المتداولين في تحديد نقاط الخروج المحتملة بعد الاختراق أو الارتداد، مما يسهل وضع خطة تداول دقيقة.
أمثلة عملية
تسمية مقاومة: "R: 4 B: 25% L: 1500 BT: 155.00 RT: 152.00"
المستوى اختُبر 4 مرات، قوته 80 (قوي جدًا)، احتمالية الاختراق 25% (منخفضة، أي احتمال ارتداد أعلى)، السيولة 1500 (مرتفعة)، هدف الاختراق 155.00، هدف الارتداد 152.00.
الاستنتاج: المستوى قوي ومن المرجح أن يرتد السعر منه، لكن إذا اخترق، فقد يصل إلى 155.00.
تسمية دعم: "S: 2 B: 70% L: 800 BT: 145.00 RT: 147.50"
المستوى اختُبر مرتين، قوته 40 (متوسطة إلى ضعيفة)، احتمالية الاختراق 70% (مرتفعة)، السيولة 800 (متوسطة)، هدف الاختراق 145.00، هدف الارتداد 147.50.
الاستنتاج: المستوى ضعيف ومن المحتمل أن يخترقه السعر ليهبط إلى 145.00.
كيفية الاستفادة من التسميات
تحديد القوة والضعف: استخدم قوة المستوى (Strength) لمعرفة ما إذا كان المستوى موثوقًا للارتداد أو عرضة للاختراق.
توقع الحركة: انظر إلى احتمالية الاختراق (Breakout Probability) لتحديد ما إذا كنت ستنتظر اختراقًا أو ترتدًا.
إدارة المخاطر: استخدم الأهداف السعرية (BT وRT) لتحديد نقاط جني الأرباح أو وقف الخسارة.
تقييم السيولة: ركز على المستويات ذات السيولة العالية لأنها غالبًا تكون نقاط تحول رئيسية في السوق.
تأكيد التحليل: ادمج عدد اللمسات مع القوة والسيولة للحصول على صورة كاملة عن أهمية المستوى.
تخصيص التسميات
يمكن للمستخدم تفعيل أو تعطيل أي من هذه القيم (القوة، الاحتمالية، السيولة، الأهداف) من إعدادات المؤشر.
يمكن أيضًا تغيير حجم التسميات (صغير، عادي، كبير)، موقعها (يمين، يسار، أعلى، أسفل)، ولون النص لتناسب احتياجاتك.
التسميات في هذا المؤشر هي بمثابة لوحة تحكم صغيرة بجانب كل مستوى دعم ومقاومة، تقدم لك معلومات فورية عن قوته، احتمالية اختراقه، سيولته، وأهدافه السعرية. بفهم هذه الأرقام، يمكنك تحسين قراراتك في التداول، سواء كنت تبحث عن نقاط دخول، خروج، أو إدارة مخاطر. إذا كنت تريد أداة تجمع بين البساطة والعمق التحليلي .
تنويه:
المؤشر هو أداة مساعدة فقط ويجب استخدامه مع التحليل الفني والأساسي لتحقيق أفضل النتائج.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView.
The Smart Volume S/R Pro indicator is an advanced technical analysis tool designed to help traders identify strong support and resistance levels based on trading volume, with the addition of advanced analytical features such as trend filtering, confidence zones, strength assessment, breakout probability calculation, liquidity measurement, price target identification, and Fibonacci levels. It also provides labels next to each support and resistance level, containing accurate numbers and information that reflect the market condition. These labels are not just decorations, but analytical tools that help traders make informed decisions based on market data. This indicator aims to provide a comprehensive view of the market.
Main functions of the indicator
1- Identifying support and resistance levels based on high trading volume
The indicator analyzes previous bars (up to 300 bars by default) to identify the points that witnessed the highest levels of trading volume.
It draws horizontal lines representing resistance levels (at the highest price in those bars) and support (at the lowest price), and the user can choose the number of lines displayed (from 1 to 6).
2- Filtering the trend using the ADX indicator
The indicator uses the Average Directional Index (ADX) to assess the strength of a trend in the market.
When the strength of the trend is high (exceeding a specified threshold, 25 by default), the indicator reduces the number of support and resistance levels displayed to focus only on the most important levels.
3- Dynamic Confidence Zones
The indicator adds zones around support and resistance levels based on the Average True Range (ATR), helping traders visualize the ranges in which the price may interact with these levels.
The width of these zones can be adjusted using the ATR multiplier.
4- Assessing the Strength of Levels
The indicator calculates the strength of each level based on trading volume, the number of times the level has been tested (Touch Count), and the proximity of the current price to the level.
A strength score (from 0 to 100) is displayed next to each level if this feature is enabled.
5- Breakout Probability
The indicator estimates the probability of breaking each level based on momentum (ROC), the strength of the level, and the distance between the current price and the level.
The probability is displayed as a percentage if the option is enabled, helping traders anticipate potential moves.
6- Historical Liquidity Analysis
The indicator measures liquidity around each level based on the trading volume in the ranges near it.
The liquidity values can be displayed in the labels or used to adjust the width of the lines (the most liquid lines appear wider).
7- Price Targets
When this feature is enabled, the indicator calculates price targets for breakout and reversal based on momentum, level strength and ATR.
These targets can be displayed as text in the labels or as horizontal lines on the chart.
8- Fibonacci Levels
The indicator plots Fibonacci levels (0.0, 0.236, 0.382, 0.5, 0.618, 0.786, 1.0) based on the highest and lowest price in the lookback period.
The user can choose which of these levels to display or hide.
9- Comprehensive Breakout Alert
The indicator provides a single alert that includes all levels, where the alert is triggered when the price breaks any support or resistance level with a message explaining the type of breakout and the level broken.
How the indicator works
Step 1: The indicator identifies the bars with high volume during the specified Lookback Period.
Step 2: Draws support and resistance levels based on the highest and lowest prices in those bars, taking into account the number of lines selected by the user.
Step 3: Apply the trend filter (if enabled) to reduce the number of levels in case of a strong trend.
Step 4: Adds additional analyses such as strength, liquidity, breakout probability, and price targets, and draws confidence zones and Fibonacci levels according to the settings.
Step 5: Monitors the price and triggers an alert when the breakout occurs.
Customizable Settings
1- Lookback Period: Number of bars to analyze (default 300).
2- Number of Lines: From 1 to 6 support and resistance levels.
3- Colors and Styles: Line colors and styles can be changed (filled, dashed, dotted).
4- Labels: Enable/disable labels, their size, location, and text color.
5- Trend Filter: Enable/disable ADX, and modify its length and threshold.
6- Confidence Zones: Enable/disable, and modify the ATR length and multiplier.
7- Strength and Breakout Probability: Enable/disable the display, and modify the ROC length.
8- Liquidity: Enable/disable the effect of liquidity on the display of the lines and their values in the labels.
9- Price Targets: Enable/disable the targets and display them as lines.
10- Fibonacci: Choose the displayed levels and the color of the lines.
Indicator Benefits
High Accuracy: It relies on trading volume to determine the levels, which makes it more reliable than random levels.
Flexibility: It provides extensive customization options that allow traders to adapt it to their strategies.
Comprehensive Analysis: Combines support and resistance, trend, liquidity, and targets in one tool. Ease of Use: Labels and alerts make it easy to follow the market without complexity.
Labels next to each support and resistance level contain accurate numbers and information that reflect the market situation. These labels are not just decorations, but analytical tools that help traders make informed decisions based on market data. In this explanation, we will review each number or value that appears in the labels and their practical meaning.
Label Components
Labels appear next to each support and resistance level and begin with the letter "S" for support or "R" for resistance, followed by a set of numbers and values that can be enabled or disabled according to the user's settings. Here is a breakdown of each element:
1- Touch Count
Symbol: Appears immediately after "S" or "R" (example: "R: 5" or "S: 3").
Meaning: Indicates the number of times the price has tested this level without breaking it.
Benefit: The more touches, the stronger and more important the level. For example, if it is "R: 5", it means that the price has bounced off this level 5 times, making it a potentially strong resistance.
2- Strength Rating
Symbol: Appears between square brackets (example: " ").
Meaning: A value from 0 to 100 that reflects the strength of the level based on factors such as trading volume, number of touches, and proximity of the current price to the level.
Benefit: High values (such as 75 or more) indicate a strong level that is difficult to break, while low values (such as 30 or less) indicate a weak level that is easy to break. A trader can use this to determine the most reliable levels.
3- Breakout Probability
Symbol: Starts with the letter "B" followed by a percentage (example: "B: 60%").
Meaning: A percentage from 0% to 100% that shows the probability of the price breaking the level based on the current momentum, the strength of the level, and the distance between the price and the level.
Interest: A high percentage (such as 60% or more) means that the price may soon break through the level, while low percentages (such as 20%) indicate that the price may bounce. This is useful for anticipating the next move.
4- Liquidity Value
Symbol: Starts with the letter "L" followed by a number (example: "L: 1200").
Meaning: Represents the average trading volume in the range near the level, reflecting historical liquidity around it.
Interest: High values indicate high liquidity, meaning that the price may react strongly to this level (either by bouncing or breaking through). Low values indicate low liquidity, which may make the level less influential.
5- Price Targets
Symbol: Starts with "BT" (breakout target) and "RT" (rebound target) followed by numbers (example: "BT: 150.50 RT: 148.20").
Meaning:
BT (Breakout Target): The potential price that the price may reach after breaking the level.
RT (Reversal Target): The potential price that the price may reach if it rebounds from the level.
Utility: Helps traders identify potential exit points after a breakout or rebound, making it easier to develop an accurate trading plan.
Working examples
Resistance label: "R: 4 B: 25% L: 1500 BT: 155.00 RT: 152.00"
Level tested 4 times, strength 80 (very strong), probability of breakout 25% (low, i.e. higher probability of rebound), liquidity 1500 (high), breakout target 155.00, rebound target 152.00.
Conclusion: The level is strong and the price is likely to rebound from it, but if it breaks, it may reach 155.00.
Support Label: "S: 2 B: 70% L: 800 BT: 145.00 RT: 147.50"
Level tested twice, Strength 40 (medium to weak), Breakout Probability 70% (high), Liquidity 800 (medium), Breakout Target 145.00, Rebound Target 147.50.
Conclusion: The level is weak and the price is likely to break it to drop to 145.00.
How to use labels
Determine strength and weakness: Use the level's strength to see if the level is reliable for a bounce or vulnerable to a breakout.
Predict the move: Look at the Breakout Probability to determine whether to wait for a breakout or a bounce.
Risk Management: Use price targets (BT and RT) to set take profit or stop loss points.
Liquidity Evaluation: Focus on levels with high liquidity as they are often key turning points in the market.
Analysis Confirmation: Combine the number of touches with strength and liquidity to get a complete picture of the level’s importance.
Customize Labels
The user can enable or disable any of these values (strength, probability, liquidity, targets) from the indicator settings.
The size of the labels (small, normal, large), their position (right, left, top, bottom), and the color of the text can also be changed to suit your needs.
The labels in this indicator act as a small dashboard next to each support and resistance level, providing you with instant information about its strength, probability of breakout, liquidity, and price targets. By understanding these numbers, you can improve your trading decisions, whether you are looking for entry points, exit points, or risk management. If you want a tool that combines simplicity with analytical depth.
Disclaimer:
The indicator is an auxiliary tool only and should be used in conjunction with technical and fundamental analysis for best results.
Disclaimer
The information and posts are not intended to be, or constitute, any financial, investment, trading or other types of advice or recommendations provided or endorsed by TradingView.
