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Penunjuk Breadth

OBV by readCrypto ------------------------------------- OBV is used as a leading indicator to predict stock price movements by measuring changes in trading volume. Reflecting the cumulative value of trading volume, - When the price rises, if the trading volume increases, OBV rises, - When the price falls, if the trading volume decreases, OBV falls. Therefore, the movement of the OBV indicator must be checked along with the price movement, and it has the disadvantage of being unreliable for coins (tokens) with low trading volume. --------------------------------------- (First interpretation method) By adding a signal line for the OBV indicator, - If the OBV indicator moves above the signal line, it is likely to show an upward trend, - If the OBV indicator moves beyond the signal line, it is likely to show a downward trend. This interpretation method is difficult to use in actual trading strategies because the OBV indicator often moves up and down repeatedly based on the signal line. Therefore, it is recommended to use this interpretation method as reference when analyzing charts. ------------------------------- (Second interpretation method) Draw support and resistance lines based on the high and low points of the OBV indicator - If the OBV indicator breaks through the previous high point, it is likely to show an upward trend, - If the OBV indicator breaks through the previous low point, it is likely to show a downward trend. This interpretation method is a bit more reliable than the first interpretation method, but it has the disadvantage of having to consider support and resistance lines separately based on the high and low points. - To compensate for this, a High line for the high point and a Low line for the low point were added. - If the OBV indicator shows an upward breakout of each line (Low, HL2, High), the price is likely to rise, - If the OBV indicator shows a downward breakout of each line (Low, HL2, High), the price is likely to fall. - Also, the Low and High lines can be interpreted like Bollinger Bands. That is, if the Low and High lines show a contraction, the price is likely to move sideways, and if they show an expansion, the price is likely to show a trend. Therefore, if the High line breaks upward in a contracted state, - It is likely to show an upward trend, - If the Low line breaks downward, it is likely to show a downward trend. In an expanded state, you should focus on finding the point to realize profits rather than conducting new transactions. -------------------------------- It is not easy to interpret the change in actual transaction volume and use it to create a trading strategy. In particular, it is more difficult in the coin market where multiple exchanges are linked to show movements for one coin (token). Therefore, the coin market is actively conducting transactions without referring to trading volume at all by following trends. However, I think that if you interpret the change in trading volume and use it to find a trading point, it can help you find a more accurate trading point. In that sense, I think that an indicator that adds the High and Low lines of the OBV indicator can be used as meaningful reference material. ----------------------------------------------------------------- ------------------------------------- OBV는 거래량의 변화를 측정하여 주가 움직임을 예측하는 선행 지표로 활용됩니다. 거래량의 누적값을 반영하여 - 가격이 상승할 때 거래량이 증가면 OBV가 상승하고, - 가격이 하락할 때 거래량이 줄면 OBV가 하락하게 됩니다. 따라서, 가격의 움직임과 함께 OBV 지표의 움직임을 확인하여야 하고 거래량이 적은 코인(토큰)에서는 신뢰성이 떨어지는 단점도 가지고 있습니다. --------------------------------------- (첫번째 해석 방법) OBV 지표에 대한 Signal선을 추가하여 - OBV 지표가 Signal선 이상에서 이동하게 되면 상승세를 보일 가능성이 높고, - OBV 지표가 Signal선 이항에서 이동하게 되면 하락세를 보일 가능성이 높습니다. 이러한 해석 방법은 Signal선을 기준으로 OBV 지표가 반복적으로 위아래로 움직임을 보이는 경우가 많기 때문에 실제 거래 전략에 활용되기가 어려운 면이 있습니다. 따라서, 이러한 해설 방법은 차트 분석을 할 때 참고 자료로 활용하는 것이 좋습니다. ------------------------------- (두번째 해석 방법) OBV 지표의 고점과 저점을 기준하여 지지와 저항선을 그려 - OBV 지표가 이전 고점을 상향 돌파하면 상승세를 보일 가능성이 높고, - OBV 지표가 이전 저점을 하향 돌파하면 하락세를 보일 가능성이 높습니다. 이러한 해석 방법은 첫번째 해석 방법보다 좀 더 신뢰성이 있는 방법이지만, 고점과 저점을 기준으로 지지와 저항선을 나누어 생각해야 하는 단점이 있습니다. - 이를 보완하고자 고점에 대한 High선과 저점에 대한 Low선을 추가하였습니다. - OBV 지표가 각 선(Low, HL2, High)을 상향 돌파하는 모습을 보이면 가격이 상승할 가능성이 높고, - OBV 지표가 각 선(Low, HL2, High)을 하향 돌파하는 모습을 보이면 가격이 하락할 가능성이 높습니다. - 또한, Low선과 High선을 볼린저밴드와 같이 해석할 수 있습니다. 즉, Low선과 High선이 수축하는 모습을 보이면 가격은 횡보할 가능성이 높고, 확장하는 모습을 보이면 가격은 추세를 나타낼 가능성이 높습니다. 따라서, 수축한 상태에서 - High선을 상향 돌파하게 되면 상승세를 나타낼 가능성이 높고, - Low선을 하향 돌파하게 되면 하락세를 나타낼 가능성이 높습니다. 확장된 상태에서는 신규 거래를 진행하기 보다 수익 실현할 시점을 찾는데 집중해야 합니다. -------------------------------- 실제 거래량의 변화를 해석하여 거래 전략을 만드는데 활용하기가 쉽지 않습니다. 특히, 하나의 코인(토큰)에 대해서 여러 개의 거래소가 연동되어 움직임을 나타내는 코인 시장에서는 더욱 어려움이 있습니다. 따라서, 코인 시장은 추세 추종으로 아예 거래량을 참고하지 않고 거래를 진행하는 방법이 활성화되어 있기도 합니다. 하지만, 거래량의 변화를 해석하여 거래 시점을 찾는데 활용한다면 보다 정확한 거래 시점을 찾는데 도움을 받을 수 있다고 생각합니다. 그러한 의미에서 OBV 지표의 High선과 Low선을 추가한 지표가 의미 있는 참고 자료로 활용될 수 있다고 생각합니다. -------------------------------------------------------------------
Penunjuk Pine Script®
oleh readCrypto
1
Market Sentiment Index US Top 40 [Pt]▮Overview Market Sentiment Index US Top 40 [Pt} shows how the largest US stocks behave together. You pick one simple measure—High Low breakouts, Above Below moving average, or RSI overbought/oversold—and see how many of your chosen top 10/20/30/40 NYSE or NASDAQ names are bullish, neutral, or bearish. This tool gives you a quick view of broad-market strength or weakness so you can time trades, confirm trends, and spot hidden shifts in market sentiment. ▮Key Features ► Three Simple Modes High Low Index: counts stocks making new highs or lows over your lookback period Above Below MA: flags stocks trading above or below their moving average RSI Sentiment: marks overbought or oversold stocks and plots a small histogram ► Universe Selection Top 10, 20, 30, or 40 symbols from NYSE or NASDAQ Option to weight by market cap or treat all symbols equally ► Timeframe Choice Use your chart’s timeframe or any intraday, daily, weekly, or monthly resolution ► Histogram Smoothing Two optional moving averages on the sentiment bars Markers show when the faster average crosses above or below the slower one ► Ticker Table Optional on-chart table showing each ticker’s state in color Grid or single-row layout with adjustable text size and color settings ▮Inputs ► Mode and Lookback Pick High Low, Above Below MA, or RSI Sentiment Set lookback length (for example 10 bars) If using Above Below MA, choose the moving average type (EMA, SMA, etc.) ► Universe Setup Market: NYSE or NASDAQ Number of symbols: 10, 20, 30, or 40 Weights: on or off Timeframe: blank to match chart or pick any other ► Moving Averages on Histogram Enable fast and slow averages Set their lengths and types Choose colors for averages and markers ► Table Options Show or hide the symbol table Select text size: tiny, small, or normal Choose layout: grid or one-row Pick colors for bullish, neutral, and bearish cells Show or hide exchange prefixes ▮How to Read It ► Sentiment Bars Green means bullish Red means bearish Near zero means neutral ► Zero Line Separates bullish from bearish readings ► High Low Line (High Low mode only) Smooth ratio of highs versus lows over your lookback ► MA Crosses Fast MA above slow MA hints rising breadth Fast MA below slow MA hints falling breadth ► Ticker Table Each cell colored green, gray, or red for bull, neutral, or bear ▮Use Cases ► Confirm Market Trends Early warning when price makes highs but breadth is weak Catch rallies when breadth turns strong while price is flat ► Spot Sector Rotation Switch between NYSE and NASDAQ to see which group leads Watch tech versus industrial breadth to track money flow ► Filter Trade Signals Enter longs only when breadth is bullish Consider shorts when breadth turns negative ► Combine with Other Indicators Use RSI Sentiment with trend tools to spot overextended moves Add volume indicators in High Low mode for breakout confirmation ► Timeframe Analysis Daily for big-picture bias Intraday (15-min) for precise entries and exits
Penunjuk Pine Script®
oleh PtGambler
1
Angel Signal proAngel Signal Pro is a comprehensive technical analysis tool that integrates multiple indicators for a structured market assessment. RSI, MACD, and ADX — evaluate trend strength and identify potential entry and exit points. Momentum and ATR — measure price acceleration and volatility, assisting in risk management. Stochastic Oscillator — detects overbought and oversold conditions. SMA (50, 100, 200) — tracks key moving averages with the option to enable all at once. Cryptocurrency price display — select and monitor real-time prices of any cryptocurrency available on the BINANCE exchange. Automatic trend detection— classifies trends as bullish, bearish, or neutral based on RSI and MACD signals. Customizable table — presents key indicator values in a structured and convenient format. The table also provides automatic trend detection across different timeframes (TF), allowing you to assess the current market situation more accurately on various levels. Automatic gap detection — identifies market gaps, helping to spot potential trading opportunities. Buy and sell signals — the system generates buy and sell signals based on the analysis of five key indicator values, allowing traders to respond quickly to market changes. Bollinger Bands — helps assess market volatility and identify support and resistance levels, as well as potential reversal points, by detecting when prices move outside of normal volatility ranges. Customization settings — in Angel Signal Pro, you can select which indicators and features you want to display. All elements can be turned on or off according to your preferences. There is also the ability to change colors and the appearance of each element, allowing you to tailor the interface to your personal preferences and make the tool more convenient to use. Angel Signal Pro is suitable for traders of all experience levels and helps navigate market conditions with confidence. 29 мар. Информация о релизе Added Super Trend, improved the quality of buy and sell signals, and enhanced settings. Now, all toggle buttons for enabling and disabling indicators follow one another. 30 мар. Информация о релизе Fixed several errors in the settings and improved gap search.
Penunjuk Pine Script®
oleh Angelqwerazaz
2
MA Dispersion+MA Dispersion+ — read the “breathing space” between your moving-averages Get instant feedback on trend strength, volatility expansion and mean-reversion — across any timeframe. MA Dispersion+ turns the humble moving-average stack into a single, easy-to-read oscillator that tells you at a glance whether price is coiling or fanning out. 🧩 What it does Plugs into your favourite MA setup • Pick the classic 5 / 20 / 50 / 200 lengths or disable any combination with one click. • Choose the MA engine you trust — SMA, EMA, RMA, VWMA or WMA. • Works on any timeframe thanks to TradingView’s security() engine. Measures “spread” For every bar it calculates the absolute distance of each selected MA from their average. The tighter the stack, the lower the value; the wider the fan, the higher the value. Adds professional-grade controls • Weighting — let short-term MAs dominate (Inverse Length), keep everything equal, or dial in your own custom weights. • Normalisation — convert the raw distance into a percentage of price, ATR multiples, or scale by the MAs’ own mean so you can compare symbols of any price or volatility. 🔍 How traders use it Trend confirmation – rising dispersion while price breaks out = momentum is genuine. Volatility squeeze – dispersion parking near zero warns that a big move is loading. Multi-TF outlook – drop one pane per timeframe (e.g. 5 m, 1 h, 1 D) and see which layer of the market is driving. Mean-reversion plays – spikes that fade quickly often coincide with exhaustion and snap-backs. ⚙️ Quick-start Add MA Dispersion+ to your chart. Set the pane’s timeframe in the first input. Tick the MA lengths you actually use. (Optional) Pick a weighting scheme and a normaliser. Repeat the indicator for as many timeframes as you like — each instance keeps its own settings. ✨ Why you’ll love it Zero clutter – one orange line tells you what four separate MAs whisper. Configurable yet bullet-proof – all lengths are hard-coded constants, so Pine never complains. Context aware – normalisation lets you compare BTC’s $60 000 chaos with EURUSD’s four--decimals calm. Lightweight – no labels, no drawings, no background processing — perfect for mobile and multi-pane layouts. Give MA Dispersion+ a try and let your charts breathe — you’ll never look at moving-average ribbons the same way again. Happy trading!
Penunjuk Pine Script®
oleh GeoffGolder
Smart Trend Lines [The_lurker] Smart Trend Lines A multi-level trend classifier that detects bullish and bearish conditions using a methodology based on drawing trend lines—main, intermediate, and short-term—by identifying peaks and troughs. The tool highlights trend strength by applying filters such as the Average Directional Index (ADX) (A), Relative Strength Index (RSI) (R), and Volume (V), making it easier to interpret trend strength. The filter markers (V, A, R) in the Smart Trend Lines indicator are powerful tools for assessing the reliability of breakouts. Breakouts containing are the most reliable, as they indicate strong volume support, trend strength, and favorable momentum. Breakouts with partial filters (such as or ) require additional confirmation, while breakouts without filters ( ) should be avoided unless supported by other strong signals. By understanding the meaning of each filter and the market context. Core Functionality 1. Trend Line Types The indicator generates three distinct trend line categories, each serving a specific analytical purpose: Main Trend Lines: These are long-term trend lines designed to capture significant market trends. They are calculated based on pivot points over a user-defined period (default: 50 bars). Main trend lines are ideal for identifying macro-level support and resistance zones. Mid Trend Lines: These are medium-term trend lines (default: 21 bars) that focus on intermediate price movements. They provide a balance between short-term fluctuations and long-term trends, suitable for swing trading strategies. Short Trend Lines: These are short-term trend lines (default: 9 bars) that track rapid price changes. They are particularly useful for scalping or day trading, highlighting immediate support and resistance levels. Each trend line type can be independently enabled or disabled, allowing traders to tailor the indicator to their preferred timeframes. 2. Breakout Detection The indicator employs a robust breakout detection system that identifies when the price crosses a trend line, signaling a potential trend reversal or continuation. Breakouts are validated using the following filters: ADX Filter: The Average Directional Index (ADX) measures trend strength. A user-defined threshold (default: 20) ensures that breakouts occur during strong trends, reducing false signals in range-bound markets. RSI Filter: The Relative Strength Index (RSI) identifies overbought or oversold conditions. Breakouts are filtered based on RSI thresholds (default: 65 for overbought, 35 for oversold) to avoid signals in extreme market conditions. Volume Filter: Breakouts are confirmed only when trading volume exceeds a moving average (default: 20 bars) and aligns with the breakout direction (e.g., higher volume on bullish breakouts when the candle closes higher). Breakout events are marked with labels on the chart, indicating the type of trend line broken (Main, Mid, or Short) and the filters satisfied (Volume, ADX, RSI). Alerts are triggered for each breakout, providing real-time notifications. 3. Customization Options The indicator offers extensive customization through input settings, organized into logical groups for ease of use: Main Trend Line Settings Length: Defines the number of bars used to calculate pivot points (default: 50). Bullish Color: Color for upward-sloping (bullish) main trend lines (default: green). Bearish Color: Color for downward-sloping (bearish) main trend lines (default: red). Style: Line style options include solid, dashed, or dotted (default: solid). Mid Trend Line Settings Length: Number of bars for mid-term pivot points (default: 21). Show/Hide: Toggle visibility of mid trend lines (default: enabled). Bullish Color: Color for bullish mid trend lines (default: lime). Bearish Color: Color for bearish mid trend lines (default: maroon). Style: Line style (default: dashed). Short Trend Line Settings Length: Number of bars for short-term pivot points (default: 9). Show/Hide: Toggle visibility of short trend lines (default: enabled). Bullish Color: Color for bullish short trend lines (default: teal). Bearish Color: Color for bearish short trend lines (default: purple). Style: Line style (default: dotted). General Display Settings Break Check Price: Selects the price type for breakout detection (Close, High, or Low; default: Close). Show Previous Trendlines: Option to display historical main trend lines (default: disabled). Label Size: Size of breakout labels (Tiny, Small, Normal, Large, Huge; default: Small). Filter Settings ADX Threshold: Minimum ADX value for trend strength confirmation (default: 25). Volume MA Period: Period for the volume moving average (default: 20). RSI Filter: Enable/disable RSI filtering (default: enabled). RSI Upper Threshold: Upper RSI limit for overbought conditions (default: 65). RSI Lower Threshold: Lower RSI limit for oversold conditions (default: 35). 4. Technical Calculations The indicator relies on several technical calculations to ensure accuracy: Pivot Points: Pivot highs and lows are detected using the ta.pivothigh and ta.pivotlow functions, with separate lengths for Main, Mid, and Short trend lines. Slope Calculation: The slope of each trend line is calculated as the change in price divided by the change in bar index between two pivot points. ADX Calculation: ADX is computed using a 14-period Directional Movement Index (DMI), with smoothing over 14 bars. RSI Calculation: RSI is calculated over a 14-period lookback using the ta.rsi function. Volume Moving Average: A simple moving average (SMA) of volume is used to determine if current volume exceeds the average. 5. Strict Mode Validation To ensure the reliability of trend lines, the indicator employs a strict mode check: For bearish trend lines, all prices between pivot points must remain below the projected trend line. For bullish trend lines, all prices must remain above the projected trend line. Post-pivot break checks ensure that no breakouts occur between pivot points, enhancing the validity of the trend line. 6. Trend Line Extension Trend lines are dynamically extended forward until a breakout occurs. The extension logic: Projects the trend line using the calculated slope. Continuously validates the extension using strict mode checks. Stops extension upon a breakout, fixing the trend line at the breakout point. 7. Alerts and Labels Labels: Breakout labels are placed above (for bearish breakouts) or below (for bullish breakouts) the price bar. Labels include: A prefix indicating the trend line type (B for Main, M for Mid, S for Short). A suffix showing satisfied filters (e.g., for Volume, ADX, and RSI). Alerts: Each breakout triggers a one-time alert per bar close, with a descriptive message indicating the trend line type and filters met. Detailed Code Breakdown 1. Initialization and Inputs The script begins by defining the indicator with indicator('Smart Trend Lines ', overlay = true), ensuring it overlays on the price chart. Input settings are grouped into categories (Main, Mid, Short, General Display, Filters) for user convenience. Each input includes a tooltip in both English and Arabic, enhancing accessibility. 2. Technical Indicator Calculations Volume MA: Calculated using ta.sma(volume, volPeriod) to compare current volume against the average. ADX: Computed using custom dirmov and adx functions, which calculate the Directional Movement Index and smooth it over 14 periods. RSI: Calculated with ta.rsi(close, rsiPeriod) over 14 periods. Price Selection: The priceToCheck function selects the price type (Close, High, or Low) for breakout detection. 3. Pivot Detection Pivot points are detected using ta.pivothigh and ta.pivotlow for each trend line type. The lookback period is set to the respective trend line length (e.g., 50 for Main, 21 for Mid, 9 for Short). 4. Trend Line Logic For each trend line type (Main, Mid, Short): Bearish Trend Lines: Identified when two consecutive pivot highs form a downward slope. The script validates the trend line using strict mode and post-pivot break checks. Bullish Trend Lines: Identified when two consecutive pivot lows form an upward slope, with similar validation. Trend lines are drawn using line.new, with separate lines for the initial segment (between pivots) and the extended segment (from the second pivot forward). 5. Breakout Detection and Labeling Breakouts are detected when the selected price crosses the trend line level. The script checks: Volume conditions (above average and aligned with candle direction). ADX condition (above threshold). RSI condition (within thresholds if enabled). Labels are created with label.new, and alerts are triggered with alert. 6. Trend Line Extension The extendTrendline function dynamically updates the trend line’s endpoint unless a breakout occurs. It uses strict mode checks to ensure the trend line remains valid. 7. Previous Trend Lines If enabled, previous main trend lines are stored in arrays (previousBearishStartLines, previousBullishTrendLines, etc.) and displayed on the chart, providing historical context. Disclaimer: The information and publications are not intended to be, nor do they constitute, financial, investment, trading, or other types of advice or recommendations provided or endorsed by TradingView.
Penunjuk Pine Script®
oleh The_lurker
12
Current Fractal High/Low (Dynamic) This indicator dynamically tracks the most recent confirmed Fractal High and Fractal Low across any timeframe using custom left/right bar configurations. 🔍 Key Features: Detects Fractal Highs and Lows based on user-defined pivot settings. Draws a green line and label ("FH") at the most recent Fractal High. Draws a red line and label ("FL") at the most recent Fractal Low. All lines extend from the confirmation bar to the current candle. Automatically removes old lines and labels for a clean, uncluttered chart. 🛠️ Customizable Inputs: Left & Right bars for pivot sensitivity Line width for visibility 📌 Use Cases: Identifying structure shifts Recognizing key swing points Supporting liquidity and breakout strategies 💡 Fractals are confirmed only after the full formation of the pattern (left and right bars). This ensures reliability over reactivity. This script is designed for intraday to swing traders who want a reliable way to visualize market turning points with minimal noise.
Penunjuk Pine Script®
oleh stairwaytoprofit
Pivot ATR Zones [v6]🟩 Pivot ATR Zones Overview: The Pivot ATR Zones indicator plots dynamic support and resistance zones based on pivot highs and lows, combined with ATR (Average True Range) volatility levels. It helps traders visually identify potential long and short trade areas, along with realistic target and stop loss zones based on market conditions. Features: Automatically detects pivot highs and lows Draws ATR-based entry zones on the chart Plots dynamic take-profit and stop-loss levels using ATR multipliers Color-coded long (green) and short (red) zones Entry arrow markers for clearer trade visualization Real-time alerts when new zones form Best For: Scalpers, intraday traders, and swing traders who want a visual, volatility-aware way to mark potential trade areas based on key pivot structures. How to Use: Look for newly formed green zones for long opportunities and red zones for short setups. Use the dashed lines as dynamic take-profit and stop levels, tuned to the current ATR value. Combine with other confirmation tools or indicators for optimal results.
Penunjuk Pine Script®
oleh profitgang
On Balance Volume W DivergenceOBV With Divergence Indicator A comprehensive On Balance Volume (OBV) indicator enhanced with divergence detection capabilities. Core Features: Classic OBV calculation with volume-based price movement tracking Advanced divergence detection system Multiple smoothing options for OBV Bollinger Bands integration Technical Components: Volume-based price movement analysis Pivot point detection for divergence Customizable lookback periods Adjustable divergence range parameters Customization Options: Multiple Moving Average types (SMA, EMA, SMMA, WMA, VWMA) Bollinger Bands with adjustable standard deviation Divergence sensitivity settings Visual customization for signals and alerts The indicator combines traditional OBV analysis with modern divergence detection, offering traders a powerful tool for identifying potential trend reversals and market momentum shifts. Key Parameters: - Pivot Lookback Right/Left: 5 (default) - Divergence Range: 5-60 bars - MA Length: 14 (default) - BB StdDev: 2.0 (default) Alert System: - Bullish divergence alerts - Bearish divergence alerts - Customizable alert messages Note: The indicator requires volume data to function properly and will display an error if volume data is not available.
Penunjuk Pine Script®
oleh Raffaele_De_Leo
Sector 50MA vs 200MA ComparisonThis TradingView indicator compares the 50-period Moving Average (50MA) and 200-period Moving Average (200MA) of a selected market sector or index, providing a visual and analytical tool to assess relative strength and trend direction. Here's a detailed breakdown of its functionality: Purpose: The indicator plots the 50MA and 200MA of a chosen sector or index on a separate panel, highlighting their relationship to identify bullish (50MA > 200MA) or bearish (50MA < 200MA) trends. It also includes a histogram and threshold lines to gauge momentum and key levels. Inputs: Resolution: Allows users to select the timeframe for calculations (Daily, Weekly, or Monthly; default is Daily). Sector Selection: Users can choose from a list of sectors or indices, including Tech, Financials, Consumer Discretionary, Utilities, Energy, Communication Services, Materials, Industrials, Health Care, Consumer Staples, Real Estate, S&P 500 Value, S&P 500 Growth, S&P 500, NASDAQ, Russell 2000, and S&P SmallCap 600. Each sector maps to specific ticker pairs for 50MA and 200MA data. Data Retrieval: The indicator fetches closing prices for the 50MA and 200MA of the selected sector using the request.security function, based on the chosen timeframe and ticker pairs. Visual Elements: Main Chart: Plots the 50MA (blue line) and 200MA (red line) for the selected sector. Fills the area between the 50MA and 200MA with green (when 50MA > 200MA, indicating bullishness) or red (when 50MA < 200MA, indicating bearishness). Threshold Lines: Horizontal lines at 0 (zero line), 20 (lower threshold), 50 (center), 80 (upper threshold), and 100 (upper limit) provide reference points for the 50MA's position. Fills between 0-20 (green) and 80-100 (red) highlight key zones for potential overbought or oversold conditions. Sector Information Table: A table in the top-right corner displays the selected sector and its corresponding 50MA and 200MA ticker symbols for clarity. Alerts: Generates alert conditions for: Bullish Crossover: When the 50MA crosses above the 200MA (indicating potential upward momentum). Bearish Crossover: When the 50MA crosses below the 200MA (indicating potential downward momentum). Use Case: Traders can use this indicator to monitor the relative strength of a sector's short-term trend (50MA) against its long-term trend (200MA). The visual fill between the moving averages and the threshold lines helps identify trend direction, momentum, and potential reversal points. The sector selection feature allows for comparative analysis across different market segments, aiding in sector rotation strategies or market trend analysis. This indicator is ideal for traders seeking to analyze sector performance, identify trend shifts, and make informed decisions based on moving average crossovers and momentum thresholds.
Penunjuk Pine Script®
oleh chuckaschultz
Market Warning Dashboard Enhanced📊 Market Warning Dashboard Enhanced A powerful macro risk dashboard that tracks and visualizes early signs of market instability across multiple key indicators—presented in a clean, professional layout with a real-time thermometer-style danger gauge. 🔍 Included Macro Signals: Yield Curve Inversion: 10Y-2Y and 10Y-3M spreads Credit Spreads: High-yield (HYG) vs Investment Grade (LQD) Volatility Structure: VIX/VXV ratio Breadth Estimate: SPY vs 50-day MA (as a proxy) 🔥 Features: Real-time Danger Score: 0 (Safe) to 100 (Extreme Risk) Descriptive warnings for each signal Color-coded thermometer gauge Alert conditions for each macro risk Background shifts on rising systemic risk ⚠️ This dashboard can save your portfolio by alerting you to macro trouble before it hits the headlines—ideal for swing traders, long-term investors, and anyone who doesn’t want to get blindsided by systemic risk.
Penunjuk Pine Script®
oleh StonkJuicer
Volume Sentiment Pro (NTY88)Volume Sentiment Edge: Smart Volume & RSI Trading System Description: Unlock the power of volume-driven market psychology combined with precision RSI analysis! This professional-grade indicator identifies high-probability trading opportunities through: 🔥 Key Features 1. Smart Volume Spike Detection Auto-detects abnormal volume activity with adaptive threshold Clear spike labels & multi-timeframe confirmation RSI-Powered Sentiment Analysis Real-time Bullish/Bearish signals based on RSI extremes Combined volume-RSI scoring system (Strong Bull/Bear alerts) 2. Professional Dashboard Instant sentiment status table (bottom-right) Color-coded momentum strength visualization Customizable themes for all chart styles 3. Institutional-Grade Tools HTF (Daily/Weekly) volume confirmation EMA trend-filtered momentum signals Spike-to-Threshold ratio monitoring 4. Trade-Ready Alerts Pre-configured "Bullish Setup" (Spike + Oversold RSI) "Bearish Setup" (Spike + Overbought RSI) Why Traders Love This: ✅ Real-Time Visual Alerts - SPIKE markers above bars + table updates ✅ Adaptive Thresholds - Self-adjusting to market volatility ✅ Multi-Timeframe Verification - Avoid false signals with HTF confirmation ✅ Customizable UI - 10+ color settings for perfect chart integration Usage Scenarios: Day Traders: Catch volume surges during key sessions Swing Traders: Confirm reversals with RSI extremes All Markets: Works equally well on stocks, forex & crypto Confirmation Tool: Combine with your existing strategy Sample Setup: "Enter long when: 5. RED SPIKE label appears Table shows 'Oversold RSI' Momentum status turns 'Bullish' Volume exceeds daily average (Confirmed)" 📈 Try Risk-Free Today! Perfect for traders who want: Clean, non-repainting signals Institutional-level volume analysis Professional visual feedback Customizable trading rules ⚠️ Important: Works best on 15m-4h timeframes. Combine with price action for maximum effectiveness. 📜 Legal Disclaimer By using this indicator, you agree to the following terms: Not Financial Advice This tool provides technical analysis only. It does NOT constitute investment advice, financial guidance, or solicitation to trade. High Risk Warning Trading financial instruments carries substantial risk. Past performance ≠ future results. Never risk capital you cannot afford to lose. No Guarantees Signals are based on historical data and mathematical models. Market conditions may change rapidly, rendering previous patterns ineffective. User Responsibility You alone bear 100% responsibility for trading decisions. We expressly disclaim liability for any profit/loss resulting from this tool's use. Professional Consultation Always consult a licensed financial advisor before taking positions. This tool should NEVER be used as sole decision-making criteria. Educational Purpose This indicator is provided "as is" for informational/educational use only. No representation is made about its accuracy or completeness. Third-Party Data We do not verify exchange data accuracy. Use signals at your own discretion after independent verification.
Penunjuk Pine Script®
oleh NTY88
1
Stock vs SPY % ChangeStock vs SPY % Change Indicator This Pine Script indicator helps you compare a stock's price performance to the S&P 500 (using SPY ETF) over a user-defined period. It calculates the percentage price change of the stock and SPY, then displays the difference as a relative performance metric. A positive value (plotted in green) indicates the stock is outperforming SPY (e.g., dropping only 3% while SPY drops 10%), while a negative value (plotted in red) shows underperformance. Features: Adjustable lookback period (default: 20 days) to analyze recent performance. Visual plot with green/red coloring for quick interpretation. Zero line to clearly separate outperformance from underperformance. How to Use: Apply the indicator to your stock's chart. Set the "Lookback Period" in the settings (e.g., 20 for ~1 month). Check the plot: Green (above 0) = Stock's % change is better than SPY's. Red (below 0) = Stock's % change is worse than SPY's. Use on daily or weekly charts for best results. Ideal for identifying stocks that hold up better during market downturns or outperform in uptrends. Perfect for relative strength analysis and to spot accumulation.
Penunjuk Pine Script®
oleh Mindahoy
Market Breadth Ratios OverlayThis overlay indicator displays the up/down volume breadth ratio for both the NYSE and NASDAQ directly on your chart. Ratios are calculated using volume data from: USI:UVOL, USI:DVOL (NYSE) USI:UVOLQ, USI:DVOLQ (NASDAQ) A green label indicates more up volume than down volume (bullish breadth). A red label indicates more down volume than up volume (bearish breadth). Labels update every 10 bars and are anchored to the candle’s high (NYSE) and low (NASDAQ). Negative ratios are inverted and displayed as -D:U to maintain a consistent “X:1” format. Use this tool to assess whether institutional buying pressure is broad-based across exchanges — a valuable layer of confirmation for directional bias.
Penunjuk Pine Script®
oleh vizhal007
Zweig Breadth ThrustZweig Breadth Thrust Detector This indicator tracks one of the rarest and most powerful bullish signals in market history: the Zweig Breadth Thrust. It calculates the 10-day moving average of NYSE advancing stocks divided by the sum of advancing and declining stocks. When the breadth reading surges from deeply oversold (<0.40) to explosively bullish (>0.615) within just 10 trading days, it signals a momentum reset so intense that it often marks the start of major new bull runs. Zweig Thrusts are extremely rare — but when they occur, historical odds favor significant market gains over the next 6 to 12 months. This tool doesn't just chase price — it measures raw internal strength across the entire market. When the masses panic, and the army of stocks surges together — that's when legends are made.
Penunjuk Pine Script®
oleh deathburka
Market Breadth Peaks & Troughs IndicatorIndicator Overview Market Breadth (S5TH) visualizes extremes of market strength and weakness by overlaying - a 200-period EMA (long-term trend) a 5-period EMA (short-term trend, user-adjustable) on the percentage of S&P 500 constituents trading above their 200-day SMA (INDEX:S5TH). Peaks (▼) and troughs (▲) are detected with prominence filters so you can quickly spot overbought and oversold conditions. ⸻ 1. Core Logic Component Description Breadth series INDEX:S5TH — % of S&P 500 stocks above their 200-SMA Long EMA 200-EMA to capture the primary trend Short EMA 5-EMA (default, editable) for short-term swings Peak detection ta.pivothigh + prominence ⇒ major peaks marked with red ▼ Trough detection (200 EMA) ta.pivotlow + prominence + value < longTroughLvl ⇒ blue ▲ Trough detection (5 EMA) ta.pivotlow + prominence + value < shortTroughLvl ⇒ green ▲ Background shading Pink when 200 EMA slope is down and 5 EMA sits below 200 EMA ⸻ 2. Adjustable Parameters (input()) Group Variable Default Purpose Symbol breadthSym INDEX:S5TH Breadth index Long EMA longLen 200 Period of long EMA Short EMA shortLen 5 Period of short EMA Pivot width (long) pivotLen 20 Bars left/right for 200-EMA peaks/troughs Pivot width (short) pivotLenS 10 Bars for 5-EMA troughs Prominence (long) promThresh 0.5 %-pt Depth filter for 200-EMA pivots Prominence (short) promThreshS 3.0 %-pt Depth filter for 5-EMA pivots Trough level (long) longTroughLvl 50 % Max value to accept a 200-EMA trough Trough level (short) shortTroughLvl 30 % Max value to accept a 5-EMA trough ⸻ 3. Signal Guide Marker / Color Meaning Typical reading Red ▼ Major breadth peak Overbought / possible top Blue ▲ Deep 200-EMA trough End of mid-term correction Green ▲ Shallow 5-EMA trough (early) Short-term rebound setup Pink background Long-term down-trend and short-term weak Risk-off phase ⸻ 4. Typical Use Cases 1. Counter-trend timing • Fade greed: trim longs on red ▼ • Buy fear: scale in on green ▲; add on blue ▲ 2. Trend filter • Avoid new longs while the background is pink; wait for a trough & recovery. 3. Risk management • Reduce exposure when peaks appear, reload partial size on confirmed troughs. ⸻ 5. Notes & Tips • INDEX:S5TH is sourced from TradingView and may be back-adjusted when index membership changes. • Fine-tune pivotLen, promThresh, and level thresholds to match current volatility before relying on alerts or automated rules. • Slope thresholds (±0.10 %-pt) that trigger background shading can also be customized for different market regimes.
Penunjuk Pine Script®
oleh Monty_trader
Zweig Market Breadth Thrust Indicator+Trigger [LazyBear x rwak]The Breadth Thrust (BT) indicator is a market momentum indicator developed by Dr. Martin Zweig. According to Dr. Zweig, a Breadth Thrust occurs when, during a 10-day period, the Breadth Thrust indicator rises from below 40 percent to above 61.5 percent. A "Thrust" indicates that the stock market has rapidly changed from an oversold condition to one of strength, but has not yet become overbought. This is very rare and has happened only a few times. Dr. Zweig also points out that most bull markets begin with a Breadth Thrust. This version of the Breadth Thrust indicator includes a trigger visualized with red circles, making it easier to spot when the indicator crosses the critical 61.5% level, signaling potential bullish momentum. All parameters are configurable. You can draw BT for NYSE, NASDAQ, AMEX, or based on combined data (i.e., AMEX+NYSE+NASD). There is also a "CUSTOM" mode supported, so you can enter your own ADV/DEC symbols. Credit: The original Breadth Thrust logic was created by LazyBear, whose public indicators can be found here , and app-store indicators here . More info: Definition of Breadth Thrust A Breadth Thrust Signal A Rare "Zweig" Buy Signal Zweig Breadth Thrust: Redux
Penunjuk Pine Script®
oleh rwak
SuperZweig thrust (<= 30 dias)SuperZweig Thrust (≤ 30-day breadth trigger) This study tracks the classic Zweig Breadth Thrust pattern, but restricts valid signals to a 30-bar (≈ 30-trading-day) window. --- What it plots | Plot | Meaning | |------|---------| | **Blue line** – `EMA10` | 10-bar exponential moving average of the _breadth ratio_:`advancing issues / (advancing + declining)` | | **Red h-line 0.35** | Oversold threshold ( < 0.35 ) | | **Green h-line 0.64** | Overbought threshold ( > 0.64 ) | | **Red “×”** | The moment EMA10 crosses **down** through 0.35 | | **Green “●”** | The moment EMA10 crosses **up** through 0.64 | | **Green “BUY” label** | Complete Super-Zweig thrust: red × followed by green ● **within 30 daily bars** | Signal logic 1. **Trigger phase** – when EMA10 drops below 0.35 *Script starts a 30-bar countdown.* 2. **Confirmation phase** – if, while the countdown is active, EMA10 rises above 0.64: *A single “BUY” label is plotted beneath that bar.* 3. **Expiry** – if 30 bars elapse without the 0.64 cross, the cycle resets; no signal is produced. 4. After any valid “BUY” the cycle also resets, so a new signal requires a fresh cross < 0.35. Inputs * **EMA length** – default 10. * **Advancing / Declining symbols** – default `ADVS` / `DECS` (NYSE issues); can be pointed to any Exchange-specific or custom breadth tickers. Typical use Apply on a **daily chart** of a broad index (e.g., S&P; 500). A printed “BUY” indicates a historically rare surge in market breadth often associated with durable rallies. Combine with other risk-management and trend filters before trading.
Penunjuk Pine Script®
oleh nessa_trader
ADR% Extension Levels from SMA 50I created this indicator inspired by RealSimpleAriel (a swing trader I recommend following on X) who does not buy stocks extended beyond 4 ADR% from the 50 SMA and uses extensions from the 50 SMA at 7-8-9-10-11-12-13 ADR% to take profits with a 20% position trimming. RealSimpleAriel's strategy (as I understood it): -> Focuses on leading stocks from leading groups and industries, i.e., those that have grown the most in the last 1-3-6 months (see on Finviz groups and then select sector-industry). -> Targets stocks with the best technical setup for a breakout, above the 200 SMA in a bear market and above both the 50 SMA and 200 SMA in a bull market, selecting those with growing Earnings and Sales. -> Buys stocks on breakout with a stop loss set at the day's low of the breakout and ensures they are not extended beyond 4 ADR% from the 50 SMA. -> 3-5 day momentum burst: After a breakout, takes profits by selling 1/2 or 1/3 of the position after a 3-5 day upward move. -> 20% trimming on extension from the 50 SMA: At 7 ADR% (ADR% calculated over 20 days) extension from the 50 SMA, takes profits by selling 20% of the remaining position. Continues to trim 20% of the remaining position based on the stock price extension from the 50 SMA, calculated using the 20-period ADR%, thus trimming 20% at 8-9-10-11 ADR% extension from the 50 SMA. Upon reaching 12-13 ADR% extension from the 50 SMA, considers the stock overextended, closes the remaining position, and evaluates a short. -> Trailing stop with ascending SMA: Uses a chosen SMA (10, 20, or 50) as the definitive stop loss for the position, depending on the stock's movement speed (preferring larger SMAs for slower-moving stocks or for long-term theses). If the stock's closing price falls below the chosen SMA, the entire position is closed. In summary: -->Buy a breakout using the day's low of the breakout as the stop loss (this stop loss is the most critical). --> Do not buy stocks extended beyond 4 ADR% from the 50 SMA. --> Sell 1/2 or 1/3 of the position after 3-5 days of upward movement. --> Trim 20% of the position at each 7-8-9-10-11-12-13 ADR% extension from the 50 SMA. --> Close the entire position if the breakout fails and the day's low of the breakout is reached. --> Close the entire position if the price, during the rise, falls below a chosen SMA (10, 20, or 50, depending on your preference). --> Definitively close the position if it reaches 12-13 ADR% extension from the 50 SMA. I used Grok from X to create this indicator. I am not a programmer, but based on the ADR% I use, it works. Below is Grok from X's description of the indicator: Script Description The script is a custom indicator for TradingView that displays extension levels based on ADR% relative to the 50-period Simple Moving Average (SMA). Below is a detailed description of its features, structure, and behavior: 1. Purpose of the Indicator Name: "ADR% Extension Levels from SMA 50". Objective: Draw horizontal blue lines above and below the 50-period SMA, corresponding to specific ADR% multiples (4, 7, 8, 9, 10, 11, 12, 13). These levels represent potential price extension zones based on the average daily percentage volatility. Overlay: The indicator is overlaid on the price chart (overlay=true), so the lines and SMA appear directly on the price graph. 2. Configurable Inputs The indicator allows users to customize parameters through TradingView settings: SMA Length (smaLength): Default: 50 periods. Description: Specifies the number of periods for calculating the Simple Moving Average (SMA). The 50-period SMA serves as the reference point for extension levels. Constraint: Minimum 1 period. ADR% Length (adrLength): Default: 20 periods. Description: Specifies the number of days to calculate the moving average of the daily high/low ratio, used to determine ADR%. Constraint: Minimum 1 period. Scale Factor (scaleFactor): Default: 1.0. Description: An optional multiplier to adjust the distance of extension levels from the SMA. Useful if levels are too close or too far due to an overly small or large ADR%. Constraint: Minimum 0.1, increments of 0.1. Tooltip: "Adjust if levels are too close or far from SMA". 3. Main Calculations 50-period SMA: Calculated with ta.sma(close, smaLength) using the closing price (close). Serves as the central line around which extension levels are drawn. ADR% (Average Daily Range Percentage): Formula: 100 * (ta.sma(dhigh / dlow, adrLength) - 1). Details: dhigh and dlow are the daily high and low prices, obtained via request.security(syminfo.tickerid, "D", high/low) to ensure data is daily-based, regardless of the chart's timeframe. The dhigh / dlow ratio represents the daily percentage change. The simple moving average (ta.sma) of this ratio over 20 days (adrLength) is subtracted by 1 and multiplied by 100 to obtain ADR% as a percentage. The result is multiplied by scaleFactor for manual adjustments. Extension Levels: Defined as ADR% multiples: 4, 7, 8, 9, 10, 11, 12, 13. Stored in an array (levels) for easy iteration. For each level, prices above and below the SMA are calculated as: Above: sma50 * (1 + (level * adrPercent / 100)) Below: sma50 * (1 - (level * adrPercent / 100)) These represent price levels corresponding to a percentage change from the SMA equal to level * ADR%. 4. Visualization Horizontal Blue Lines: For each level (4, 7, 8, 9, 10, 11, 12, 13 ADR%), two lines are drawn: One above the SMA (e.g., +4 ADR%). One below the SMA (e.g., -4 ADR%). Color: Blue (color.blue). Style: Solid (style=line.style_solid). Management: Each level has dedicated variables for upper and lower lines (e.g., upperLine1, lowerLine1 for 4 ADR%). Previous lines are deleted with line.delete before drawing new ones to avoid overlaps. Lines are updated at each bar with line.new(bar_index , level, bar_index, level), covering the range from the previous bar to the current one. Labels: Displayed only on the last bar (barstate.islast) to avoid clutter. For each level, two labels: Above: E.g., "4 ADR%", positioned above the upper line (style=label.style_label_down). Below: E.g., "-4 ADR%", positioned below the lower line (style=label.style_label_up). Color: Blue background, white text. 50-period SMA: Drawn as a gray line (color.gray) for visual reference. Diagnostics: ADR% Plot: ADR% is plotted in the status line (orange, histogram style) to verify the value. ADR% Label: A label on the last bar near the SMA shows the exact ADR% value (e.g., "ADR%: 2.34%"), with a gray background and white text. 5. Behavior Dynamic Updating: Lines update with each new bar to reflect new SMA 50 and ADR% values. Since ADR% uses daily data ("D"), it remains constant within the same day but changes day-to-day. Visibility Across All Bars: Lines are drawn on every bar, not just the last one, ensuring visibility on historical data as well. Adaptability: The scaleFactor allows level adjustments if ADR% is too small (e.g., for low-volatility symbols) or too large (e.g., for cryptocurrencies). Compatibility: Works on any timeframe since ADR% is calculated from daily data. Suitable for symbols with varying volatility (e.g., stocks, forex, cryptocurrencies). 6. Intended Use Technical Analysis: Extension levels represent significant price zones based on average daily volatility. They can be used to: Identify potential price targets (e.g., take profit at +7 ADR%). Assess support/resistance zones (e.g., -4 ADR% as support). Measure price extension relative to the 50 SMA. Trading: Useful for strategies based on breakouts or mean reversion, where ADR% levels indicate reversal or continuation points. Debugging: Labels and ADR% plot help verify that values align with the symbol’s volatility. 7. Limitations Dependence on Daily Data: ADR% is based on daily dhigh/dlow, so it may not reflect intraday volatility on short timeframes (e.g., 1 minute). Extreme ADR% Values: For low-volatility symbols (e.g., bonds) or high-volatility symbols (e.g., meme stocks), ADR% may require adjustments via scaleFactor. Graphical Load: Drawing 16 lines (8 upper, 8 lower) on every bar may slow the chart for very long historical periods, though line management is optimized. ADR% Formula: The formula 100 * (sma(dhigh/dlow, Length) - 1) may produce different values compared to other ADR% definitions (e.g., (high - low) / close * 100), so users should be aware of the context. 8. Visual Example On a chart of a stock like TSLA (daily timeframe): The 50 SMA is a gray line tracking the average trend. Assuming an ADR% of 3%: At +4 ADR% (12%), a blue line appears at sma50 * 1.12. At -4 ADR% (-12%), a blue line appears at sma50 * 0.88. Other lines appear at ±7, ±8, ±9, ±10, ±11, ±12, ±13 ADR%. On the last bar, labels show "4 ADR%", "-4 ADR%", etc., and a gray label shows "ADR%: 3.00%". ADR% is visible in the status line as an orange histogram. 9. Code: Technical Structure Language: Pine Script @version=5. Inputs: Three configurable parameters (smaLength, adrLength, scaleFactor). Calculations: SMA: ta.sma(close, smaLength). ADR%: 100 * (ta.sma(dhigh / dlow, adrLength) - 1) * scaleFactor. Levels: sma50 * (1 ± (level * adrPercent / 100)). Graphics: Lines: Created with line.new, deleted with line.delete to avoid overlaps. Labels: Created with label.new only on the last bar. Plots: plot(sma50) for the SMA, plot(adrPercent) for debugging. Optimization: Uses dedicated variables for each line (e.g., upperLine1, lowerLine1) for clear management and to respect TradingView’s graphical object limits. 10. Possible Improvements Option to show lines only on the last bar: Would reduce visual clutter. Customizable line styles: Allow users to choose color or style (e.g., dashed). Alert for anomalous ADR%: A message if ADR% is too small or large. Dynamic levels: Allow users to specify ADR% multiples via input. Optimization for short timeframes: Adapt ADR% for intraday timeframes. Conclusion The script creates a visual indicator that helps traders identify price extension levels based on daily volatility (ADR%) relative to the 50 SMA. It is robust, configurable, and includes debugging tools (ADR% plot and labels) to verify values. The ADR% formula based on dhigh/dlow
Penunjuk Pine Script®
oleh stockmaniac696
Dskyz (DAFE) Aurora Divergence - Dskyz (DAFE) Aurora Divergence Indicator Advanced Divergence Detection for Traders. Unleash the power of divergence trading with this cutting-edge indicator that combines price and volume analysis to spot high-probability reversal signals. 🧠 What Is It? The Dskyz (DAFE) Aurora Divergence Indicator is designed to identify bullish and bearish divergences between the price trend and the On Balance Volume (OBV) trend. Divergence occurs when the price of an asset and a technical indicator (in this case, OBV) move in opposite directions, signaling a potential reversal. This indicator uses linear regression slopes to calculate the trends of both price and OBV over a specified lookback period, detecting when these two metrics are diverging. When a divergence is detected, it highlights potential reversal points with visually striking aurora bands, orbs, and labels, making it easy for traders to spot key signals. ⚙️ Inputs & How to Use Them The indicator is highly customizable, with inputs grouped under "⚡ DAFE Aurora Settings" for clarity. Here’s how each input works: Lookback Period: Determines how many bars are used to calculate the price and OBV slopes. Higher values detect longer-term trends (e.g., 20 for 1H charts), while lower values are more responsive to short-term movements. Price Slope Threshold: Sets the minimum slope value for the price to be considered in an uptrend or downtrend. A value of 0 allows all slopes to be considered, while higher values filter for stronger trends. OBV Slope Threshold: Similar to the price slope threshold but for OBV. Helps filter out weak volume trends. Aurora Band Width: Adjusts the width of the visual bands that highlight divergence areas. Wider bands make the indicator more visible but may clutter the chart. Divergence Sensitivity: Scales the strength of the divergence signals. Higher values make the indicator more sensitive to smaller divergences. Minimum Strength: Filters out weak signals by only showing divergences above this strength level. A default of 0.3 is recommended for beginners. Signal Cooldown (Bars): Prevents multiple signals from appearing too close together. Default is 5 bars, reducing chart clutter and helping traders focus on significant signals. These inputs allow traders to fine-tune the indicator to match their trading style and timeframe. 🚀 What Makes It Unique? This indicator stands out with its innovative features: Price-Volume Divergence: Combines price trend (slope) and OBV trend for more reliable signals than price-only divergences. Aurora Bands: Dynamic visual bands that highlight divergence zones, making it easier to spot potential reversals at a glance. Interactive Dashboard: Displays real-time information on trend direction, volume flow, signal type, strength, and recommended actions (e.g., "Consider Buying" or "Consider Selling"). Signal Cooldown: Ensures only the most significant divergences are shown, reducing noise and improving usability. Alerts: Built-in alerts for both bullish and bearish divergences, allowing traders to stay informed even when not actively monitoring the chart. Beginner Guide: Explains the indicator’s visuals (e.g., aqua orbs for bullish signals, fuchsia orbs for bearish signals), making it accessible for new users. 🎯 Why It Works The indicator’s effectiveness lies in its use of price-volume divergence, a well-established concept in technical analysis. When the price trend and OBV trend diverge, it often signals a potential reversal because the underlying volume support (or lack thereof) is not aligning with the price action. For example: Bullish Divergence: Occurs when the price is making lower lows, but the OBV is making higher lows, indicating weakening selling pressure and potential upward reversal. Bearish Divergence: Occurs when the price is making higher highs, but the OBV is making lower highs, suggesting weakening buying pressure and potential downward reversal. The use of linear regression ensures smooth and accurate trend calculations over the specified lookback period. The divergence strength is then normalized and filtered based on user-defined thresholds, ensuring only high-quality signals are displayed. Additionally, the cooldown period prevents signal overload, allowing traders to focus on the most significant opportunities. 🧬 Indicator Recommendation Best For: Traders looking to identify potential trend reversals in any market, especially those where volume data is reliable (e.g., stocks, futures, forex). Timeframes: Suitable for all timeframes. Adjust the lookback period accordingly—smaller values for shorter timeframes (e.g., 1H), larger for longer ones (e.g., 4H or daily). Pair With: Support and resistance levels, trend lines, other oscillators (e.g., RSI, MACD) for confirmation, and volume profile tools for deeper analysis. Tips: Look for divergences at key support/resistance levels for higher-probability setups. Pay attention to signal strength; higher strength divergences are often more reliable. Use the dashboard to quickly assess market conditions before entering a trade. Set up alerts to catch divergences even when not actively watching the chart. 🧾 Credit & Acknowledgement This indicator builds upon the classic concept of price-volume divergence, enhancing it with modern visualization techniques, advanced filtering, and user-friendly features. It is designed to provide traders with a powerful yet intuitive tool for spotting reversals. 📌 Final Thoughts The Dskyz (DAFE) Aurora Divergence Indicator is more than just a divergence tool; it’s a comprehensive trading assistant that combines advanced calculations, intuitive visualizations, and actionable insights. Whether you’re a seasoned trader or just starting out, this indicator can help you spot high-probability reversal points with confidence. Use it with discipline. Use it with clarity. Trade smarter. **I will continue to release incredible strategies and indicators until I turn this into a brand or until someone offers me a contract. -Dskyz
Penunjuk Pine Script®
oleh DskyzInvestments
Moving average with different timeThis script allowing you to plot up to 6 different types of moving averages (MAs) on the chart, each with customizable parameters such as type, length, source, color, and timeframe. It also allows you to set different timeframes for each moving average. Key Features: Multiple Moving Averages: You can add up to 6 different moving averages to your chart. Each MA can be one of the following types: SMA, EMA, SMMA (RMA), WMA, or VWMA. Custom Timeframes: Each moving average can be applied to a specific timeframe, giving you flexibility to compare different periods (e.g., a 50-period moving average on the 1-hour chart and a 200-period moving average on the 4-hour chart). Customizable Inputs: Type: Choose between SMA, EMA, SMMA, WMA, or VWMA for each MA. Source: You can select the price data source (e.g., close, open, high, low). Length: Set the number of periods (length) for each moving average. Color: Each moving average can be assigned a specific color. Timeframe: Customize the timeframe for each moving average individually (e.g., MA1 on 15-minute, MA2 on 1-hour). User Interface: The script includes a data window display for each moving average, allowing you to control whether to show each MA and configure its settings directly from the settings menu. Flexible Use: Toggle individual moving averages on and off with the show checkbox for each MA. Customize each MA's parameters without affecting others. Parameters: MA Type: You can choose between different moving averages (SMA, EMA, etc.). Source: Price data used for calculating the moving average (e.g., close, open, etc.). Length: Defines the period (number of bars) for each moving average. Color: Change the line color for each moving average for better visualization. Timeframe: Set a different timeframe for each moving average (e.g., 1-day MA vs. 1-week MA). Example Use Case: You might use this indicator to track short-term, medium-term, and long-term trends by adding multiple MAs with different lengths and timeframes. For example: MA1 (20-period) might be an SMA on a 1-hour chart. MA2 (50-period) might be an EMA on a 4-hour chart. MA3 (100-period) might be a WMA on a daily chart. This setup allows you to visually track the market's behavior across different timeframes and better identify trends, crossovers, and other patterns. How to Customize: Show/Hide MAs: Enable or disable each moving average from the input menu. Modify Parameters: Change the MA type, source, length, and color for each individual moving average. Timeframes: Set different timeframes for each moving average for more detailed analysis. With this Moving Average Ribbon, you get a versatile and visually rich tool to aid in technical analysis.
Penunjuk Pine Script®
oleh vaibhavmote10
[blackcat] L2 Ehlers Autocorrelation Indicator V2OVERVIEW The Ehlers Autocorrelation Indicator is a technical analysis tool developed by John F. Ehlers that measures the correlation between price data and its lagged versions to identify potential market cycles and reversals. BACKGROUND Originally introduced in Ehlers' "Cycle Analytics for Traders" (2013), this indicator leverages autocorrelation principles to detect patterns in market data that deviate from random noise or perfect sine waves. FEATURES • Calculates Pearson correlation coefficients for lags from 0 to 60 bars • Visualizes correlations using colored bars ranging from red (negative correlation) to yellow (positive correlation) • Provides minimum averaging option through AvgLength input parameter • Displays sharp reversal signals at price turning points • Shows variations in bar thickness and count over time HOW TO USE Add the indicator to your chart Adjust the AvgLength input as needed: • Set to 0 for no averaging • Increase value for smoother results Interpret the colored bars: • Red: Negative correlation • Yellow: Positive correlation • Sharp transitions indicate potential reversal points LIMITATIONS • Requires sufficient historical data for accurate calculations • Performance may vary across different market conditions • Results depend on proper parameter settings NOTES • The indicator uses highpass filtering and super smoother filtering techniques • Color intensity varies based on correlation strength • Multiple lag periods are displayed simultaneously for comprehensive analysis THANKS This implementation is based on Ehlers' original work and has been adapted for TradingView's Pine Script platform.
Penunjuk Pine Script®
oleh blackcat1402
Average Body RangeThe Average Body Range (ABR) indicator calculates the average size of a candle's real body over a specified period. Unlike the traditional Average Daily Range (ADR), which measures the full range from high to low, the ABR focuses solely on the absolute difference between the open and close of each bar. This provides insight into market momentum and trading activity by reflecting how much price is actually moving from open to close , not just in total. This indicator is especially useful for identifying: Periods of strong directional movement (larger body sizes) Low-volatility or indecisive markets (smaller body sizes) Changes in trend conviction or momentum Customization: Length: Number of bars used to compute the average (default: 14) Use ABR to enhance your understanding of price behavior and better time entries or exits based on market strength.
Penunjuk Pine Script®
oleh sachdevaneil
1