Ivo Pulse

The Ivolution Pulse Indicator provides an integrated suite of tools designed to assist traders in analyzing market volatility, trend dynamics, and momentum confluence for potentially clearer market insights. It is intended for various trading styles, including day trading and swing trading, across multiple asset classes available on TradingView.

Core Concepts & Methodology:

Ivolution Pulse combines several analytical concepts into a unified visual framework, emphasizing the principle of confluence where multiple conditions should align to highlight potential opportunities.

Dual Trend Clouds:

Function: Visualize short-term momentum (Green/Red areas) and the longer-term trend (Blue/Orange areas) for quicker trend assessment. These clouds also serve as dynamic support/resistance zones and aid in trend filtering.

Calculation Concept: Based on the relationship and crossovers of exponential moving averages (EMAs).

Key EMA (Yellow Line):

Function: Tracks a dynamic EMA level, providing a crucial reference point often acting as support or resistance.

Integrated Volatility Squeeze Detector:

Function: Identifies periods of range contraction (low volatility), helping traders anticipate potential volatility expansions. Visual cues indicate the presence and intensity of the compression.

Calculation Concept: Compares the relationship between Bollinger Bands and Keltner Channels. Includes a momentum component (based on linear regression) to gauge potential directionality during the squeeze.

Entry Signals (Standard & Confirmed):

Function: Provides potential entry signals derived from the script's internal confluence logic. Standard signals (Aqua/Purple triangles) may indicate earlier possibilities, while Confirmed signals (Green/Red triangles) flag setups requiring more stringent confirmation (often incorporating volatility expansion), aiming to highlight potentially higher-probability scenarios.

Calculation Concept: Signals require a confluence of multiple conditions derived from the script's components. Factors considered include: alignment of trend clouds, price position relative to the Key EMA, momentum direction, volatility status, Heikin Ashi patterns, and the slope of the Key EMA. The specific combination differs between Standard and Confirmed signals, reflecting a layered confirmation approach.

Automatic Potential Target Levels:

Function: Plots potential price target levels, offering objective, volatility-based reference points for trade management planning.

Calculation Concept: Calculated by projecting user-configurable multiples of the Average True Range (ATR) from the entry bar.

Market Internals (Optional):

Function: For traders analyzing indices like SPX/ES, optionally displays NYSE TICK, ADD, and Up/Down Volume Ratio to add context regarding overall market breadth.

Calculation Concept: Fetches data for USI:TICK, USI:ADD, USI:UVOL, USI:DVOL. Extreme readings relative to user-defined thresholds can provide additional market sentiment context.

Built-in Alert Conditions:

Function: Allows users to create standard TradingView alerts for key script events, facilitating timely awareness of signal occurrences or target levels being reached.

How to Use:

Interpret signals within the broader market context. Look for entries where signals align with the dominant trend (indicated by clouds/dashboard). Leverage the dashboard for efficient confirmation of multiple factors. Use the Key EMA to gauge potential support/resistance interactions. Utilize the squeeze detector to prepare for potential shifts in volatility. Target levels provide objective reference points for developing trade management strategies.

Unique Value:

While utilizing established analytical concepts (EMAs, ATR, Squeeze, etc.), Ivolution Pulse integrates them into a cohesive system designed to synthesize information and generate easy-to-follow signals. Its primary value lies in the specific confluence logic applied—aiming to filter potential entry signals—and the consolidation of multiple analytical viewpoints into the visual clouds and status dashboard. This integration seeks to streamline the analysis process and highlight conditions where multiple technical factors are in alignment.

Disclaimer:

Trading involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. Ivolution Pulse is a tool for analysis and does not constitute financial advice or guarantee profits. Always use proper risk management and trade responsibly.