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Std.dev [AY¹]İşte TradingView için uygun açıklama metni: Std.dev - Extended Range Deviation Indicator This indicator calculates and displays standard deviation levels based on a custom session's high and low range, with lines extending until the next session start. Key Features: Custom Session Definition: Set your preferred session time (default: 09:00-11:30) Extended Lines: Deviation lines extend from session end until next day's session start (09:00) Flexible Deviation Types: Choose between full deviations (1.0, 2.0, 3.0...) or half deviations (0.5, 1.0, 1.5, 2.0...) Visual Differentiation: Half deviation levels are displayed with dashed lines for easy identification Anchor Point Options: Calculate deviations based on wicks or candle bodies Session Visualization: Optional session range boxes and vertical start/end lines Equilibrium Line: Optional mid-point line between session high and low How it Works: Identifies the specified session period each day Captures the highest and lowest prices during that session Calculates the range (high - low) Draws multiple deviation levels above and below the range Extends all levels until the next session begins Use Cases: Support and resistance level identification Price target projections Range-based trading strategies Market structure analysis Settings: Session time configuration Number of deviation levels (1-10) Line styles and colors Show/hide session boxes and labels Customizable anchor points (wicks vs bodies) The indicator preserves historical levels, allowing traders to analyze multiple sessions simultaneously for comprehensive market structure analysis.
Pine Script® indicator
by MATISAY
4
Momentum Candle V2 by Sekolah Trading📌 Momentum Candle V2 by Sekolah Trading – Pair-Based Volatility & Wick Ratio Filter This script provides a structured and adaptive approach to detecting high-probability momentum candles in intraday markets. It dynamically adjusts pip thresholds and wick filtering conditions based on the selected symbol and timeframe, making it highly practical for real-time trading. 🔍 Concept and Originality Momentum Candle V2 by Sekolah Trading implements a custom-built methodology combining: Dynamic Pip Calibration For each supported instrument (e.g., XAUUSD, USDJPY, GBPUSD, AUDUSD, EURUSD, BTCUSD), the user can define a pip threshold that determines the minimum valid body size for momentum candles. These thresholds are tailored for each pair and timeframe (M5, M15, H1), ensuring the logic adjusts to different volatility profiles. Wick-to-Body Ratio Filtering The script filters out candles with large wicks by requiring that total wick length (upper + lower) be no more than 30% of the full candle range. This helps identify decisive candles with minimal rejection. Directional Validation Bullish momentum is defined as: Close > Open with a shorter upper wick. Bearish momentum is: Close < Open with a shorter lower wick. Real-Time Timing Filter Alerts are only triggered when the current candle is between 20 and 90 seconds from closing, which reduces noise and encourages confirmation-based entry. Non-Repainting Logic All calculations run in real-time with confirmed candles only — no lookahead or future leak. 📊 Visual Output – How to Read the Chart When the conditions above are met, the script displays triangle markers on the chart: 🔺 Red downward triangle above the candle: valid bearish momentum signal 🔻 Blue upward triangle below the candle: valid bullish momentum signal These shapes appear on live bars during the final moments of the candle to alert traders to potential confirmed momentum. 🔔 Alert Conditions Two alert types are provided: Momentum Bullish: Large bullish candle with small upper wick, during last 20–90s of bar Momentum Bearish: Large bearish candle with small lower wick, same timing window Alerts are designed for precision entries at candle close. 🧭 How to Use Apply the script to a 5m, 15m, or 1h chart. Configure pip thresholds for your preferred pairs from the input settings. Watch for triangle markers near the close of each candle: Blue = potential bullish momentum Red = potential bearish momentum Set alerts: Go to Alerts → Select Momentum Bullish or Momentum Bearish Frequency: Once Per Bar Customize message: e.g. “Momentum Bullish on XAUUSD M15” Combine signals with: EMA, S/R, or trend filters Volume/Order Flow Liquidity zone or breakout context 🛡️ Why This Script Is Closed-Source This script uses proprietary logic developed by Sekolah Trading, including: Custom pip calibration engine Adaptive wick filtering Real-time entry validation with triangle plots While the code is protected, the methodology has been explained transparently here in accordance with TradingView publishing rules. ⚠️ Disclaimer This script is provided for educational and technical analysis purposes only. It does not guarantee results or provide financial advice. Always verify trades with your own strategy and risk controls. Author: Sekolah Trading Version: Momentum Candle V2 Built with Pine Script v6
Pine Script® indicator
by sekolah_trading
Rally/Drop Market Structure (Multi-Timeframe)Rally/Drop Market Structure Supply and Demand Zones from Bullish/Bearish Breaks Overview: The Rally/Drop Market Structure indicator is a powerful price action tool that identifies key structural turning points in the market by detecting bullish and bearish breaks . After each confirmed break, it plots either a demand zone (following a bullish break or rally) or a supply zone (following a bearish break or drop). These zones represent institutional footprints — areas where price is likely to react due to imbalance or unfilled orders. The indicator is based on synthetic higher timeframe (HTF) candles to provide a more stable and smoothed structural map, improving clarity and signal quality over raw candles. How It Works: - A bullish break is defined when price makes a higher high and a higher low (or closes above the previous high depending on your selected mode). - A bearish break is defined when price makes a lower high and a lower low (or closes below the previous low). - After a bullish break, the indicator plots a demand zone based on the low and high of the most recent bearish candle — representing where demand stepped in. - After a bearish break, the indicator plots a supply zone from the most recent bullish candle — indicating where supply took control. - Optional mitigation logic marks zones as mitigated (or deletes them) once price trades into the opposing side. - Internal shift detection highlights swing highs and lows , labels structural points (HH, HL, LH, LL), and identifies potential liquidity sweeps . Features: - Dynamic plotting of rally-based demand zones and drop-based supply zones - Toggle to use Highs/Lows or Close-based breaks for structure - Support for LTF, MTF, and HTF analysis (with selectable timeframe) - Zone mitigation logic with optional automatic cleanup - Labeling of key swing points: HH , HL , LH , LL , and LS (Liquidity Sweep) - Zigzag visualization for structure flow - Alert-ready for internal shifts, BoS, and zone creation - Separate styling options for BoS lines, internal shift shapes, and zone colors How to Use: - Set your desired HTF candle source (e.g., 1H or 4H) depending on your trading style. - Use Highs/Lows mode for pure price action structure or Close mode for more conservative signals. - Observe when a bullish break occurs — a demand zone will form where price previously dropped before rallying. Look for long opportunities if price revisits this zone. - After a bearish break , a supply zone forms where the rally failed — use this to scout short entries on retests. - Use BoS lines to confirm structure shifts and validate entry triggers or trend direction. - Monitor mitigated zones for reduced reliability or avoid them completely by enabling automatic deletion. - Use alerts to stay notified about key changes without watching the chart constantly. Recommended Strategies: - Smart money or ICT-style trading : identify institutional footprints and mitigation setups - Reversal trading : catch price rejecting off unmitigated zones after structure break - Trend continuation : enter in the direction of internal structure after pullbacks into zones - Liquidity sweep confirmation : filter out false breaks using HH/LL with LS detection Tips: - Combine this indicator with a higher timeframe bias tool (e.g., moving average, higher timeframe market structure). - For scalping, use tighter HTFs and reduce the zone duration. - For swing trading, use larger HTFs (1H, 4H, Daily) and increase zone persistence. Summary: The Rally/Drop Market Structure indicator gives you an actionable framework for understanding price structure, market intent, and supply/demand imbalances. Whether you're looking for precision entries, trend confirmation, or smart money concepts, this tool helps simplify complex price behavior into clean, usable structure and zones.
Pine Script® indicator
by The_Forex_Steward
Dominance Candle Raja Saien (Detector with Alerts)Dominance Candle Finder with Alerts by Raja Saien This powerful indicator is designed to detect dominance candles—those strong-bodied candles that often signify momentum and trend strength. Whether you're trading breakouts, trend continuations, or reversals, this tool helps you identify key market moves in real time with optional alerts. 🔍 Features: Automatic Detection of Dominance Candles: Highlights candles with strong body size, showing decisive market movement. Customizable Thresholds: Adjust sensitivity according to your strategy or asset volatility. Built-in Alerts: Get notified the moment a dominance candle forms—no need to stare at charts all day! Multi-Timeframe Compatibility: Works on any timeframe from 1-minute to daily or higher. 📊 Use Cases: Entry confirmation on breakouts Trend strength analysis Volatility surge detection Combine with support/resistance or order block zones for powerful setups Tip: Best used with strong support/resistance levels or price action strategies for confluence
Pine Script® indicator
by RajaSaien
Alma SD SuperTrend | OquantAlma SD SuperTrend | Oquant The "Alma SD SuperTrend | Oquant" is a trend-following indicator that integrates the Arnaud Legoux Moving Average (ALMA) with a SuperTrend calculation based on standard deviation (SD). Designed to quickly identify and follow market trends while reducing noise, this script provides buy and sell signals for traders across various assets and timeframes. This script offers a unique approach by combining ALMA with a SuperTrend framework that uses standard deviation instead of the traditional Average True Range (ATR). This implementation focuses on fast trend detection with minimized noise, making it suitable for trend-following or swing trading strategies. The script’s customizable parameters allow traders to adapt it to their preferred trading style. How It Works Arnaud Legoux Moving Average (ALMA): ALMA is an advanced moving average that applies a Gaussian filter to smooth price data, reducing market noise while preserving responsiveness to price changes. It uses three parameters: Length: Sets the lookback period for smoothing. Longer periods produce smoother results. Offset: Shifts the moving average toward recent prices. Higher offsets emphasize newer data for faster trend detection. Sigma controls the smoothness and lag of the Alma by adjusting the spread of the Gaussian distribution used in the calculation. Standard Deviation (SD) Calculation: The script calculates the standard deviation of the price over a specified period to measure volatility. SD measures how much the prices deviate from its mean, offering a statistical perspective on market volatility. This is used to create dynamic upper and lower bands around the ALMA line, adjusted by a user-defined factor. The bands expand in volatile markets and contract in stable conditions, helping in trend detection. SuperTrend Logic: The script generates a SuperTrend line that dynamically tracks market trends by switching between upper and lower volatility bands based on price movement. Here's how it works: The SuperTrend line is calculated using the ALMA (Arnaud Legoux Moving Average) as a baseline, with upper and lower bands created by adding and subtracting a multiple(Factor) of the standard deviation (SD) from the ALMA. When the price moves above the upper band, the SuperTrend line shifts to the lower band, indicating a bullish trend (potential buy signal). When the price falls below the lower band, the SuperTrend line switches to the upper band, signaling a bearish trend (potential sell signal). To avoid quick, unreliable changes, this script intelligently adjusts the SuperTrend bands for stability. While the SuperTrend line dynamically follows market movements, it's designed to hold at its previous level if the price doesn't cross a band or confirm a new trend direction. This approach ensures the SuperTrend quickly identifies and follows genuine market trends, providing clear signals while effectively reducing false alerts from short-term price swings. Differences from Traditional SuperTrend: Baseline: The traditional SuperTrend typically uses a hl2((high + low)/2)as its baseline, while this script employs ALMA for a smoother, noise-filtered trend foundation. Volatility Measure: Instead of ATR, this script uses standard deviation to calculate the bands. Standard deviation measures how much the prices vary or spread out from its mean. Visualization: The script plots the SuperTrend line, colors candles to match the trend, and fills the area between the price and the SuperTrend line for visual clarity, helping traders quickly identify trend direction and strength (green for bullish, purple for bearish). How to Use It Add to Chart: Apply the indicator to any market and timeframe. Interpret Signals: Green Line and Candles: Bullish trend (price above the SuperTrend line). Consider long entries. Purple Line and Candles: Bearish trend (price below the SuperTrend line). Consider short entries. Filled Area: The shaded area between price and the SuperTrend line highlights trend direction(green for bullish, purple for bearish). Adjust Inputs: Source: Select the price data to use (e.g., close, open, high, low). Factor: Adjusts band width. Higher values widen bands, reducing sensitivity. SD Length: Period for calculating standard deviation. Longer periods smooth volatility. ALMA Length: Period for ALMA. Longer periods increase smoothness. Alma Offset: Shift the moving average toward recent or older prices. Higher offsets emphasize newer data for faster trend detection. ALMA Sigma control the smoothness and lag of the Alma by adjusting the spread of the Gaussian distribution used in the calculation. Alerts This indicator includes optional built-in alert conditions that notify you when the signal crosses above 0 (long signal, price above upper band) or below 0 (short signal, price below lower band). Enable these alerts to get timely updates on potential trend shifts without constantly monitoring the chart. ⚠️ Disclaimer: This indicator is intended for educational and informational purposes only. Trading/investing involves risk, and past performance does not guarantee future results. Always test and evaluate indicators/strategies before applying them in live markets. Use at your own risk.
Pine Script® indicator
by oquant
ADR TableTrack volatility and session momentum in real-time with customizable precision. Key Features: Average Daily Range (ADR): Configurable length (default 5 days), based on previous daily high–low ranges. Session Anchor Options: Choose anchor at 4 am NY, 6 pm NY, 9:30 am NY, 8:30 am NY, Previous Day Close, or Current Bar. Session Range & %ADR: Displays the real-time range from the chosen anchor, plus what percentage of ADR has been covered. High / Low Target Levels: Calculates ADR targets based on anchor: anchor ± ADR. Optional Target Lines: Draw horizontal lines for high and low targets across the session; customize color and width. Dynamic Table Display: User-selectable table size and text size (Tiny to Huge) for optimal readability. Robust Anchor Logic: Uses the first bar at-or-after anchor time each NY day, ensuring stability even on irregular intraday timeframes. How to Use Choose your anchor in settings. View ADR, session range (with %ADR), and target price levels in the top-right pane.Toggle High/Low lines to overlay targets on the chart. Adjust table and text size to match your workspace. Why It Matters Quickly assess where price stands relative to typical volatility. Easily identify intraday price exhaustion or breakout zones. Anchor flexibility enables use for both futures and equities, aligning with your trading session. Clean, professional display—no clutter, no guesswork.
Pine Script® indicator
by OliverC-H
RSI Multi-Frame Multi-Asset ✅ Key Features: Multi-Asset: Simultaneously analyze Bitcoin, SP500, Nasdaq, DXY, Gold, Oil, VIX and more Multi-Timeframe: Configure any timeframe for all RSI calculations Smart Average RSI: Automatically calculates the mean of all active RSI values Special Data: Includes Bitcoin Hashrate, 10Y-2Y Spread, and US Interest Rates Built-in Alerts: Automatic notifications on overbought/oversold crossovers 🎯 Why is it Unique? Instead of looking at 10 different charts, you get an instant macro view of the market. The average RSI shows you the overall strength/weakness of global markets, while individual RSI values let you identify divergences and specific opportunities. 🚀 Perfect For: Traders seeking correlations between assets Global markets macro analysis Identifying divergences between Bitcoin and traditional markets Multi-timeframe breakout trading
Pine Script® indicator
by didaz
Turtle Trading System + ATR Trailing StopIndicator Description: Turtle ATR Trailing Stop The **Turtle ATR Trailing Stop** is a technical indicator designed to enhance the classic Turtle Trading System by incorporating a dynamic trailing stop based on the Average True Range (ATR). This indicator is ideal for traders seeking to manage risk and lock in profits on both long and short positions in trending markets. Key Features: - Turtle Trading Levels: Calculates the 20-day highest high and lowest low to identify potential breakout points, a core principle of the Turtle Trading System. - ATR-Based Trailing Stop: Utilizes a trailing stop that adjusts dynamically based on a multiple of the ATR (default multiplier: 2.0), providing a volatility-adjusted exit mechanism. - Position Flexibility: Supports both long and short positions, with the trailing stop positioned below the highest price for long trades and above the lowest price for short trades. - Smooth Updates: The trailing stop updates on each bar, ensuring a more responsive adjustment to price movements, rather than only on new highs or lows. - Reset Mechanism: Automatically resets the trailing stop when the price deviates significantly (configurable threshold, default 0.1%), adapting to major trend reversals. - Alerts: Includes customizable alerts that trigger when the price reaches the trailing stop level, notifying traders of potential exit points. - Debugging Tools: Features an on-chart debug table displaying ATR, Close, Highest Price, Lowest Price, Potential Stop, and Trailing Stop values for real-time analysis. How It Works: - For **Long Positions**: The trailing stop starts below the initial close price (minus 2*ATR) and moves up as the highest price increases, locking in profits while trailing at a fixed ATR distance. - For **Short Positions**: The trailing stop starts above the initial close price (plus 2*ATR) and moves down as the lowest price decreases, protecting against upward price movements. - The stop resets if the price falls (for long) or rises (for short) beyond the set threshold, ensuring adaptability to new market conditions. Customization: - Period Settings: Adjust the length for highs/lows (default 20) and ATR period (default 14). - ATR Multiplier: Modify the distance of the trailing stop (default 2.0). - Reset Threshold: Fine-tune the percentage at which the stop resets (default 0.1%). - Position Type: Switch between "Long" and "Short" modes via input settings. Usage: Apply this indicator to any chart in TradingView, set your preferred parameters, and monitor the trailing stop line (yellow) alongside the Turtle highs (red) and lows (blue). Use the debug table to validate calculations and set alerts to stay informed of stop triggers. This indicator combines the trend-following strength of the Turtle System with a flexible, ATR-based stop-loss strategy, making it a powerful tool for both manual and automated trading strategies.
Pine Script® indicator
by paulmar-vs
BG 3:00 / 2:00 Candle High/Low LinesBG 3:00 Candle High/Low Lines This indicator highlights the high and low of the 1-hour candle exactly at 3:00 AM Bulgarian local time (EET/EEST). Horizontal lines are drawn at these levels and extended 5 hours forward, providing clear visualization of key daily levels. Key Features: Automatically adjusts for Bulgarian local time, including daylight saving time changes. Marks only the 3:00 AM candle on the 1-hour chart for a clean and focused view. Allows customizable colors for the high and low lines separately. Lines extend 5 hours ahead to aid in tracking important support and resistance levels. Ideal for traders analyzing the Bulgarian market or anyone interested in monitoring the 3:00 AM Europe/Sofia time frame. Use this tool to identify crucial price levels aligned with Bulgarian time and enhance your intraday trading strategy.
Pine Script® indicator
by SaintGeorge
Alpha VIX - with Stop loss built inCapture UVIX spikes with laser-sharp entries, crystal-clear exits, and built-in risk control. ▶️ Entry only when the key SMAs align, Williams %R momentum crosses up from oversold. 🛑 Exit on the very first hint of momentum fading (ROC turning down or %R cross) or a hard 2.3% stop-loss off your exact fill price. 📈 Visual signals: Green ▲ marks your entry price; red ▼ marks your exit price + P&L. 💡 Proven edge in volatile markets—no repainting, no guessing. Based on 10 year study of the VIX and trends. This indicator should get your nice alpha +100% p/y, when most ETFs / stocks dip. Got questions or want invite-only access to the pro 10x alpha version? DM me on TradingView and I’ll get you set up!
Pine Script® indicator
by antonini2002
Crypto Sentiment + Correlation📊 Crypto Sentiment + Correlation Indicator Key Features: - 🔄 Sentiment Aggregation: Measures price momentum vs moving averages across BTC, LTC, ETH, XRP, and SOL. - ⚖️ Flexible Weighting Options: Choose between equal weight, market cap weighting, or volume-driven sentiment for tailored insights. - 📈 Visual Candles & Background Signals: Uses sentiment-based candle overlays and color-coded signals to indicate potential shifts or divergence. - 📊 BTC Correlation Map: Tracks correlation strength and direction between combined sentiment and Bitcoin’s price movement. - 🧠 Technical Overlays: EMA and Bollinger Bands help contextualize sentiment trends with traditional indicators. - 🎨 Stylized SMA Layers: Adds intuitive multi-format SMA visualization with area fill and stepped markers for easy spotting of trend shifts. Why Use It: Whether you're swing trading or refining entries on crypto positions, this tool gives you a snapshot of what the “mood” across major coins looks like—are the markets in harmony or diverging from BTC’s path? Use it to stay ahead of trend reversals, spot overextended rallies, or confirm bullish sentiment before you jump in.
Pine Script® indicator
by ximi-imibitty
XT-VOL✅ Key Benefits of Using a Volume Indicator 1. Confirms Price Trends Volume increases confirm the strength of a price move. 📌 Example: If price is rising with high volume, it's more likely to be a strong uptrend. ⚠️ Low volume during a move may signal weakness or potential reversal. 2. Identifies Reversals Early Sudden spikes in volume can signal a change in sentiment. 🔄 Volume divergences (price rising, but volume falling) can indicate a trend is losing momentum. 3. Supports Breakout Validation High volume breakouts from consolidation or key levels (support/resistance) are more reliable. If a breakout happens without volume, it could be a false breakout. 4. Helps Spot Accumulation or Distribution Volume helps detect when smart money is buying or selling in phases before price reacts. 🔁 Patterns of steady volume with price holding a range = accumulation/distribution. 5. Improves Entry & Exit Timing Combining volume spikes with price patterns (like engulfing candles, breakouts, or reversals) increases entry confidence. Use volume crossovers or exhaustion for exit signals. 6. Volume + Price = Stronger Signals Using volume alongside price action, support/resistance, or indicators like RSI, MACD, gives more complete context. ✅ Use Case Scenarios Spot volume surges aligned with buy/sell dominance Watch for fast/slow crossover signals (momentum change in volume) Filter high activity zones vs low activity zones using volume trends 🧱 Customization Potential This indicator is modular and allows traders to: Enable or disable specific layers of volume insight Use crossover signals for entries/exits or confirmation Adjust sensitivity using the fast/slow MA settings Would you like me to add labels or a summary table to show: Current buy/sell volume? Volume dominance (e.g. Buy > Sell)? 📊 What Gets Plotted on Chart Depending on the toggles: Visual Element Description Color 🔴 Total Volume Standard volume bars (all volume) Red-ish 🟢 Buy Volume Only estimated buying pressure Teal-green 🔻 Sell Volume Only estimated selling pressure Faded red 🟡 Fast Volume Avg SMA over volavg period Light yellow ⚪ Slow Volume Avg SMA over volavg2 period Grey-blue ✅ Triangle Up Fast crosses above slow (bullish) Green ❌ Triangle Down Fast crosses below slow (bearish) Red
Pine Script® indicator
by XfinityTrading
1
SL/TP Dynamic based on ATRSL/TP Dynamic Based on ATR This script calculates dynamic Stop Loss and Take Profit levels based on the Average True Range (ATR), with full support for both long and short positions. It’s designed for traders who want to align their risk management with actual market volatility instead of relying on fixed distances. Key Features: Dynamic or fixed SL/TP levels based on ATR and custom entry date/time Just put your entry price on any pair you want. If Dynamic is on, it keeps updating your risk in real time and changes your SL/TP according to the price movement. Supports both automatic (live) and manual (timestamped) trade tracking Displays R (risk) value and SL/TP levels visually with lines and optional labels Clean, toggleable table with SL, R, and TP values Fully customizable line colors, table position, and trade direction Alert conditions for SL and TP hits Useful for scalpers, swing traders, or anyone planning risk-defined trades based on structure and volatility. Not a signal generator — this is a planning and tracking tool. Simple, precise, and built for real-time decision-making. Just message me on Twitter to get access for free. x.com/salarbb
Pine Script® indicator
by FutureisinPast
CE & PE Option Tracker_Z scoreCE & PE Option Tracker_Z Score: A Comprehensive TradingView Indicator for Options TradingThe "CE & PE Option Tracker_Z Score" is a sophisticated Pine Script (version 5) indicator designed for TradingView to facilitate options trading on the Nifty index, specifically for Call (CE) and Put (PE) options. It integrates multiple technical analysis concepts, including price levels, volatility, Z-score-based anomaly detection, dynamic position sizing, and straddle/strangle strategies, to provide traders with actionable buy and sell signals. Below is a detailed write-up of the indicator’s functionality, structure, and features.OverviewThe indicator tracks Nifty Call and Put options alongside Nifty Futures to generate trading signals based on price action, volume spikes, volatility (via ATR and India VIX), and statistical anomalies (Z-scores). It supports both buying and selling strategies for CE and PE options, incorporating features like trailing stops, dynamic stop-losses, and end-of-day (EOD) exits tailored for intraday trading. The script also includes a straddle/strangle strategy, visual cues (lines, labels, and tables), and alert conditions for real-time trading decisions.Key features include:Dynamic Inputs: Configurable parameters for symbols, targets, stop-loss buffers, ATR periods, and more. Time-Based Logic: Trading signals are enabled after 9:21 AM IST to ensure market stability. Volatility-Adaptive Stops: Stop-loss levels adjust based on ATR and India VIX. Z-Score Analysis: Detects price anomalies to refine entry/exit signals and position sizing. Kelly Criterion: Adjusts position sizes based on assumed win rates and Z-score categories. Visual Aids: Plots key price levels (daily/weekly opens, 5-min high/low/close), stop-loss lines, and a summary table. Straddle/Strangle Logic: Identifies opportunities for combined CE and PE trades. Debugging and Alerts: Detailed debug labels and customizable alerts for trade monitoring. THIS INDICATOR IS IN TESTING PHASE. DO NOT TAKE REAL TRADES BASED ON THIS INDICATOR. PLEASE FEEL FREE TO USE IT AND GIVE US YOUR FEEDBACK.
Pine Script® indicator
by sucheritha
MPS v3.3 Bitcoin Scalper - 3m## 📈 **MPS v3.3 Bitcoin Scalper – MicroStructure Pulse Scalper \ ** 📝 **Overview** The **MPS v3.3 Bitcoin Scalper** is a powerful trading tool developed by Donald Clark, designed specifically for traders looking to gain an edge in the volatile cryptocurrency market. By using advanced analytics to interpret market microstructure, this strategy helps traders identify short-term, high-probability trading setups for consistent results. --- ⚙️ **How It Works** The MPS v3.3 strategy specializes in detecting short-term trading signals using several combined indicators: * **VWAP Z-Score Deviation**: Identifies when the price significantly deviates from the Volume-Weighted Average Price (VWAP), highlighting potential mean-reversion setups. * **Volume Spike Recognition**: Detects unusual volume activity, ensuring entries are backed by strong market interest. * **Volatility Expansion Detection**: Targets opportunities emerging from sudden increases in market volatility. * **Microstructure Liquidity Sweeps**: Captures market-maker stop hunts, enhancing precision entries. * **Trend & Session Filters**: Confirms setups within favorable market trends and trading sessions. * **AI-style Signal Memory & Clustering**: Refines signal accuracy by analyzing recent historical signals. * **Adaptive Risk-Reward & Trailing Stops**: Optimizes exit points dynamically, maximizing profitability and minimizing losses. --- 🔥 **Core Features** * 📊 **VWAP Z-Score Logic**: Efficiently spots extreme deviations for mean-reversion trades. * 📉 **Pin Bar & Sweep Detection**: Pinpoints liquidity-driven reversals. * 🤖 **AI Signal Memory**: Adapts to recent performance for enhanced decision-making. * 🎯 **Risk Management**: Built-in trailing stops and dynamic risk-reward settings. * ⚡ **Aggressive Mode**: Optional toggle for faster, more frequent entry signals. * 🌈 **Visual Enhancements**: Includes gradient candles, EMA trend channels, real-time stats dashboard, and interactive entry/exit markers. --- 🎯 **Recommended Settings** For Bitcoin 3-minute charts (BTC/USD or BTC/USDT), the default strategy parameters are: * **EMA Fast (21)**: Determines the short-term trend direction. * **EMA Slow (50)**: Provides a medium-term trend indication. * **EMA Long-Term (200)**: Defines the long-term market trend. * **Slope Threshold (100)**: Filters trades based on the slope strength of the EMAs. * **VWAP Lookback (19)**: Number of bars considered for VWAP calculation. * **VWAP Z Threshold (1.0)**: Z-score deviation threshold to identify price extremes relative to VWAP. * **Volume Lookback (23)**: Bars used to calculate volume spikes. * **Volume Z Threshold (-2.0)**: Threshold for significant volume deviations indicating unusual market activity. * **ATR Length (15)**: Bars used to calculate the Average True Range for volatility. * **Min ATR (0.0015)**: Minimum volatility level required to validate trade signals. * **High/Low Lookback (13)**: Period used to identify recent highs and lows for liquidity sweeps. * **Cluster Lookback Bars (6)**: Number of bars considered to confirm signal clustering. * **Min Cluster Signals (2)**: Minimum number of signals required within the cluster lookback period to confirm an entry. * **Risk-Reward (4.5)**: Ratio used to set take-profit targets relative to risk. * **Stop-Loss ATR Multiplier (7.5)**: ATR multiplier for placing stop-loss levels dynamically. You can further tune these parameters based on volatility and market conditions. --- 📖 **How to Use** 1. **Apply the Strategy**: Add the script to your TradingView chart. 2. **Adjust Parameters**: Use recommended settings initially, then customize based on your trading style and asset volatility. 3. **Monitor Dashboard**: Observe the dashboard for real-time information on current positions, net profit, and trend strength. 4. **Act on Alerts**: Set up TradingView alerts to notify you immediately of trade entries and exits. 5. **Backtest Thoroughly**: Always backtest extensively on historical data and forward-test in paper trading mode before live trading. --- 🔍 **Finding Optimal Settings** To optimize your strategy for the best results: 1. **Historical Backtesting**: Adjust settings and run extensive backtests across various time periods to identify consistently profitable parameters. 2. **Forward Testing**: Apply your chosen settings to paper trading accounts to evaluate their effectiveness under real market conditions. 3. **Parameter Sensitivity Analysis**: Experiment with incremental changes in individual parameters to understand their impact clearly. 4. **Periodic Reviews**: Market conditions change frequently, so regularly review and recalibrate your settings to adapt to current trends and volatility. --- 📊 **Visual Dashboard & Alerts** The included dashboard clearly displays: * Current position status (Long, Short, or Flat). * Open trade profit/loss. * Net profit and performance metrics (Profit Factor, Win Rate). * Real-time trend heatmap showing trend strength and direction. Automatic alerts for: * Long/Short entries and exits. * Seamless integration with mobile and desktop TradingView alerts. --- 🚨 **Important Disclaimer** This strategy is provided strictly for educational and informational purposes. Past performance is not indicative of future results. Always perform thorough backtesting and forward-testing before applying this strategy to live trading. Trading involves significant risk and can result in financial loss. --- 📩 **Contact** For licensing, collaboration, or queries, reach out via TradingView private messages or social media. Feedback and improvements are always welcome! 👍 **Happy Trading!** *Donald Clark | Creator of MPS Strategies*
Pine Script® strategy
by clardonald20