Golden Zone SMC Trend Tablo + Zigzag

17 Jul

Trend Table + Zigzag Indicator (Swing Logic, All Timeframes)
This is a comprehensive TradingView Pine Script indicator that combines trend analysis with zigzag pattern visualization across multiple timeframes.
Key Features:
1. Multi-Timeframe Trend Analysis:
Analyzes 8 different timeframes: 1M, 5M, 15M, 1H, 4H, Daily, Weekly, Monthly
Uses swing-based logic to determine trend direction
Calculates two types of trends: External (Ext) and Internal (Int) based on different swing lengths
2. Swing Direction Detection:
External trends use 5-period swing analysis
Internal trends use 3-period swing analysis
Determines "Long" or "Short" bias based on price position relative to swing highs/lows
Excludes inside bars from swing calculations for accuracy
3. Volatility Measurements:
Max MTG: Maximum volatility over 50 periods (highest-lowest range as percentage)
Current MTG: Current volatility over 10 periods
Color-coded display (red when volatility > 35%, green otherwise)
4. Visual Table Display:
Real-time table positioned at bottom-right corner
9 columns (timeframes) × 5 rows (metrics)
Color-coded trend directions (green for Long, red for Short)
Updates every 5 bars for performance optimization
5. Zigzag Pattern Overlay:
Draws continuous zigzag lines connecting swing highs and lows
Configurable period length (default: 5)
Maintains last 20 swing points for clean visualization
Orange-colored lines with 2-pixel width
6. Technical Implementation:
Uses request.security() for multi-timeframe data
Implements pivot high/low detection with ta.pivothigh() and ta.pivotlow()
Maintains historical swing data using arrays
Excludes inside bars from swing calculations
This indicator is particularly useful for traders who need a comprehensive view of market structure across multiple timeframes, combining trend analysis with pattern recognition in a single, easy-to-read dashboard format.

6 hari lalu

Nota Keluaran

Altın Bölge SMC Indicator Summary
Purpose: This indicator is designed to analyze market trends and reversal points using the Smart Money Concept (SMC). It provides valuable insights during periods of high volatility.
Functions:
External and Internal Structure Analysis: The indicator performs analysis across different time frames (1M, 5M, 15M, 1H, 4H, 1D, 1W) to determine market direction.
Zigzag Analysis: It tracks price movements using a zigzag approach, marking significant reversal points.
Volatility and Volume Analysis: It calculates volatility over the last 20 bars to assess market strength, along with Point of Interest (POI) analysis based on volume data.
Alerts: The indicator checks for alignment between external and internal structures and provides alerts during high volatility conditions, offering traders opportunities to act based on market conditions.
Use Cases: It can be utilized for developing short and long-term trading strategies. Traders can leverage this indicator to make more informed decisions in the market.
This indicator serves as a powerful tool for market analysis and trading strategies, helping users better understand market movements.