UT Bot + LinReg Candles (Dual Sensitivity)
Script Description:
This indicator combines the popular UT Bot Alerts system with Linear Regression Candles (open source) for enhanced trend detection and trading signals in one singel script. The UT Bot features independent, then 2 x ATR sensitivity and periods controls for buy and sell signals, allowing you to fine-tune entries and exits to match your strategy. The script also overlays colored Linear Regression Candles with an optional signal line, helping you visually identify trend strength and direction. All calculations are performed on standard chart prices (no Heikin Ashi). Suitable for all asset classes and timeframes.
Eample setting for usdjpy 5 min chart for repeated buy and sell singnals based on trend:
BUY ATR period 300 multiplier 1
SELL ATR period 1 multiplier 2
Disclaimer:
This script is for informational and educational purposes only. It is not financial advice. Use at your own risk; the author assumes no responsibility for any trading results or losses.
Credits goes to to Ugurvu for linreg candles and quantnomad for UT Bot alerts that make this script possible.
Author: Patrick
Buysellsignal
[TH] กลยุทธ์ SMC หลายกรอบเวลา (V5.2 - M15 Lead)English Explanation
This Pine Script code implements a multi-timeframe trading strategy based on Smart Money Concepts (SMC). It's designed to identify high-probability trading setups by aligning signals across three different timeframes.
The core logic is as follows:
High Timeframe (HTF) - M15: Determines the overall market direction or bias.
Medium Timeframe (MTF) - M5: Identifies potential Points of Interest (POI), such as Order Blocks or Fair Value Gaps, in alignment with the M15 bias.
Low Timeframe (LTF) - Current Chart: Looks for a specific entry trigger within the M5 POI to execute the trade.
Detailed Breakdown
## Part 1: Inputs & Settings
This section allows you to customize the indicator's parameters:
General Settings:
i_pivotLookback: Sets the lookback period for identifying pivot highs and lows on the LTF, which is crucial for finding the Change of Character (CHoCH).
M15 Bias Settings:
i_m15EmaFast / i_m15EmaSlow: These two EMA (Exponential Moving Average) values on the 15-minute chart determine the main trend. A bullish trend is confirmed when the fast EMA is above the slow EMA, and vice-versa for a bearish trend.
M5 Point of Interest (POI) Settings:
i_showM5Fvg / i_showM5Ob: Toggles the visibility of Fair Value Gaps (FVG) and Order Blocks (OB) on the 5-minute chart. These are the zones where the script will look for trading opportunities.
i_maxPois: Limits the number of POI zones drawn on the chart to keep it clean.
LTF Entry Settings:
i_entryMode:
Confirmation: The script waits for a Change of Character (CHoCH) on the LTF (your current chart) after the price enters an M5 POI. A CHoCH is a break of a recent pivot high (for buys) or pivot low (for sells), suggesting a potential reversal. This is the safer entry method.
Aggressive: The script triggers an entry as soon as the price touches the 50% level of the M5 POI, without waiting for a CHoCH. This is higher risk but can provide a better entry price.
i_showChoch: Toggles the visibility of the CHoCH confirmation lines.
Trade Management Settings:
i_tpRatio: Sets the Risk-to-Reward Ratio (RRR) for the Take Profit target. For example, a value of 2.0 means the Take Profit distance will be twice the Stop Loss distance.
i_slMode: (New in V5.2) Provides four different methods to calculate the Stop Loss:
POI Zone (Default): Places the SL at the outer edge of the M5 POI zone.
Last Swing: Places the SL at the most recent LTF swing high/low before the entry.
ATR: Uses the Average True Range (ATR) indicator to set a volatility-based SL.
Previous Candle: Places the SL at the high or low of the candle immediately preceding the entry. This is the tightest and riskiest option.
i_maxHistory: Sets the number of past trades to display on the chart.
## Part 2: Data Types & Variables
This section defines custom data structures (type) to organize information:
Poi: A structure to hold all information related to a single Point of Interest, including its price boundaries, direction (bullish/bearish), and whether it has been mitigated (touched by price).
Trade: A structure to store details for each trade, such as its entry price, SL, TP, result (Win/Loss/Active), and chart objects for drawing.
## Part 3: Core Logic & Calculations
This is the engine of the indicator:
Data Fetching: It uses request.security to pull EMA data from the M15 timeframe and candle data (high, low, open, close) from the M5 timeframe.
POI Identification: The script constantly scans the M5 data for FVG and OB patterns. When a valid pattern is found that aligns with the M15 bias (e.g., a bullish OB during an M15 uptrend), it's stored as a Poi and drawn on the chart.
Entry Trigger:
It checks if the price on the LTF enters a valid (unmitigated) POI zone.
Based on the selected i_entryMode, it either waits for a CHoCH or enters aggressively.
Once an entry condition is met, it calculates the SL based on the i_slMode, calculates the TP using the i_tpRatio, and creates a new Trade.
Trade Monitoring: For every active trade, the script checks on each new bar if the price has hit the SL or TP level. When it does, the trade's result is updated, and the visual boxes are finalized.
## Part 5: On-Screen Display
This part creates the Performance Dashboard table shown on the top-right of the chart. It provides a real-time summary of:
M15 Bias: Current market direction.
Total Trades: The total number of completed trades from the history.
Win Rate: The percentage of winning trades.
Total R-Multiple: The cumulative Risk-to-Reward multiple (sum of RRR from wins minus losses). A positive value indicates overall profitability.
🇹🇭 คำอธิบายและข้อแนะนำภาษาไทย
สคริปต์นี้เป็น Indicator สำหรับกลยุทธ์การเทรดแบบ Smart Money Concepts (SMC) ที่ใช้การวิเคราะห์จากหลายกรอบเวลา (Multi-Timeframe) เพื่อหาจุดเข้าเทรดที่มีความเป็นไปได้สูง
หลักการทำงานของ Indicator มีดังนี้:
Timeframe ใหญ่ (HTF) - M15: ใช้กำหนดทิศทางหลักของตลาด หรือ "Bias"
Timeframe กลาง (MTF) - M5: ใช้หาโซนสำคัญ หรือ "Point of Interest (POI)" เช่น Order Blocks หรือ Fair Value Gaps ที่สอดคล้องกับทิศทางจาก M15
Timeframe เล็ก (LTF) - กราฟปัจจุบัน: ใช้หาสัญญาณยืนยันเพื่อเข้าเทรดในโซน POI ที่กำหนดไว้
รายละเอียดของโค้ด
## ส่วนที่ 1: การตั้งค่า (Inputs & Settings)
ส่วนนี้ให้คุณปรับแต่งค่าต่างๆ ของ Indicator ได้:
การตั้งค่าทั่วไป:
i_pivotLookback: กำหนดระยะเวลาที่ใช้มองหาจุดกลับตัว (Pivot) ใน Timeframe เล็ก (LTF) เพื่อใช้ยืนยันสัญญาณ Change of Character (CHoCH)
การตั้งค่า M15 (ทิศทางหลัก):
i_m15EmaFast / i_m15EmaSlow: ใช้เส้น EMA 2 เส้นบน Timeframe 15 นาที เพื่อกำหนดเทรนด์หลัก หาก EMA เร็วอยู่เหนือ EMA ช้า จะเป็นเทรนด์ขาขึ้น และในทางกลับกัน
การตั้งค่า M5 (จุดสนใจ - POI):
i_showM5Fvg / i_showM5Ob: เปิด/ปิด การแสดงโซน Fair Value Gaps (FVG) และ Order Blocks (OB) บน Timeframe 5 นาที ซึ่งเป็นโซนที่สคริปต์จะใช้หาโอกาสเข้าเทรด
i_maxPois: จำกัดจำนวนโซน POI ที่จะแสดงผลบนหน้าจอ เพื่อไม่ให้กราฟดูรกเกินไป
การตั้งค่า LTF (การเข้าเทรด):
i_entryMode:
ยืนยัน (Confirmation): เป็นโหมดที่ปลอดภัยกว่า โดยสคริปต์จะรอให้เกิดสัญญาณ Change of Character (CHoCH) ใน Timeframe เล็กก่อน หลังจากที่ราคาเข้ามาในโซน POI แล้ว
เชิงรุก (Aggressive): เป็นโหมดที่เสี่ยงกว่า โดยสคริปต์จะเข้าเทรดทันทีที่ราคาแตะระดับ 50% ของโซน POI โดยไม่รอสัญญาณยืนยัน CHoCH
i_showChoch: เปิด/ปิด การแสดงเส้น CHoCH บนกราฟ
การตั้งค่าการจัดการเทรด:
i_tpRatio: กำหนด อัตราส่วนกำไรต่อความเสี่ยง (Risk-to-Reward Ratio) เพื่อตั้งเป้าหมายทำกำไร (Take Profit) เช่น 2.0 หมายถึงระยะทำกำไรจะเป็น 2 เท่าของระยะตัดขาดทุน
i_slMode: (ฟีเจอร์ใหม่ V5.2) มี 4 รูปแบบในการคำนวณ Stop Loss:
โซน POI (ค่าเริ่มต้น): วาง SL ไว้ที่ขอบนอกสุดของโซน POI
Swing ล่าสุด: วาง SL ไว้ที่จุด Swing High/Low ล่าสุดของ Timeframe เล็ก (LTF) ก่อนเข้าเทรด
ATR: ใช้ค่า ATR (Average True Range) เพื่อกำหนด SL ตามระดับความผันผวนของราคา
แท่งเทียนก่อนหน้า: วาง SL ไว้ที่ราคา High/Low ของแท่งเทียนก่อนหน้าที่จะเข้าเทรด เป็นวิธีที่ SL แคบและเสี่ยงที่สุด
i_maxHistory: กำหนดจำนวนประวัติการเทรดที่จะแสดงย้อนหลังบนกราฟ
## ส่วนที่ 2: ประเภทข้อมูลและตัวแปร
ส่วนนี้เป็นการสร้างโครงสร้างข้อมูล (type) เพื่อจัดเก็บข้อมูลให้เป็นระบบ:
Poi: เก็บข้อมูลของโซน POI แต่ละโซน เช่น กรอบราคาบน-ล่าง, ทิศทาง (ขึ้น/ลง) และสถานะว่าถูกใช้งานไปแล้วหรือยัง (Mitigated)
Trade: เก็บรายละเอียดของแต่ละการเทรด เช่น ราคาเข้า, SL, TP, ผลลัพธ์ (Win/Loss/Active) และอ็อบเจกต์สำหรับวาดกล่องบนกราฟ
## ส่วนที่ 3: ตรรกะหลักและการคำนวณ
เป็นหัวใจสำคัญของ Indicator:
ดึงข้อมูลข้าม Timeframe: ใช้ฟังก์ชัน request.security เพื่อดึงข้อมูล EMA จาก M15 และข้อมูลแท่งเทียนจาก M5 มาใช้งาน
ระบุ POI: สคริปต์จะค้นหา FVG และ OB บน M5 ตลอดเวลา หากเจ้ารูปแบบที่สอดคล้องกับทิศทางหลักจาก M15 (เช่น เจอ Bullish OB ในขณะที่ M15 เป็นขาขึ้น) ก็จะวาดโซนนั้นไว้บนกราฟ
เงื่อนไขการเข้าเทรด:
เมื่อราคาใน Timeframe เล็ก (LTF) วิ่งเข้ามาในโซน POI ที่ยังไม่เคยถูกใช้งาน
สคริปต์จะรอสัญญาณตาม i_entryMode ที่เลือกไว้ (รอ CHoCH หรือเข้าแบบ Aggressive)
เมื่อเงื่อนไขครบ จะคำนวณ SL และ TP จากนั้นจึงบันทึกการเทรดใหม่
ติดตามการเทรด: สำหรับเทรดที่ยัง "Active" อยู่ สคริปต์จะคอยตรวจสอบทุกแท่งเทียนว่าราคาไปถึง SL หรือ TP แล้วหรือยัง เมื่อถึงจุดใดจุดหนึ่ง จะบันทึกผลและสิ้นสุดการวาดกล่องบนกราฟ
## ส่วนที่ 5: การแสดงผลบนหน้าจอ
ส่วนนี้จะสร้างตาราง "Performance Dashboard" ที่มุมขวาบนของกราฟ เพื่อสรุปผลการทำงานแบบ Real-time:
M15 Bias: แสดงทิศทางของตลาดในปัจจุบัน
Total Trades: จำนวนเทรดทั้งหมดที่เกิดขึ้นในประวัติ
Win Rate: อัตราชนะ คิดเป็นเปอร์เซ็นต์
Total R-Multiple: ผลตอบแทนรวมจากความเสี่ยง (R) ทั้งหมด (ผลรวม RRR ของเทรดที่ชนะ ลบด้วยจำนวนเทรดที่แพ้) หากเป็นบวกแสดงว่ามีกำไรโดยรวม
📋 ข้อแนะนำในการใช้งาน
Timeframe ที่เหมาะสม: Indicator นี้ถูกออกแบบมาให้ใช้กับ Timeframe เล็ก (LTF) เช่น M1, M3 หรือ M5 เนื่องจากมันดึงข้อมูลจาก M15 และ M5 มาเป็นหลักการอยู่แล้ว
สไตล์การเทรด:
Confirmation: เหมาะสำหรับผู้ที่ต้องการความปลอดภัยสูง รอการยืนยันก่อนเข้าเทรด อาจจะตกรถบ้าง แต่ลดความเสี่ยงจากการเข้าเทรดเร็วเกินไป
Aggressive: เหมาะสำหรับผู้ที่ยอมรับความเสี่ยงได้สูงขึ้น เพื่อให้ได้ราคาเข้าที่ดีที่สุด
การเลือก Stop Loss:
"Swing ล่าสุด" และ "โซน POI" เป็นวิธีมาตรฐานตามหลัก SMC
"ATR" เหมาะกับตลาดที่มีความผันผวนสูง เพราะ SL จะปรับตามสภาพตลาด
"แท่งเทียนก่อนหน้า" เป็นวิธีที่เสี่ยงที่สุด เหมาะกับการเทรดเร็วและต้องการ RRR สูงๆ แต่ก็มีโอกาสโดน SL ง่ายขึ้น
การบริหารความเสี่ยง: Indicator นี้เป็นเพียง เครื่องมือช่วยวิเคราะห์ ไม่ใช่สัญญาณซื้อขายอัตโนมัติ 100% ผู้ใช้ควรมีความเข้าใจในหลักการของ SMC และทำการบริหารความเสี่ยง (Risk Management) อย่างเคร่งครัดเสมอ
การทดสอบย้อนหลัง (Backtesting): ควรทำการทดสอบ Indicator กับสินทรัพย์และตั้งค่าต่างๆ เพื่อให้เข้าใจลักษณะการทำงานและประสิทธิภาพของมันก่อนนำไปใช้เทรดจริง
RANGE_MÜCAHİD_ATAOGLUThis comprehensive Pine Script v6 indicator combines several analysis layers and alert systems:
Backtest Time Filter
Allows you to specify a start/end date (month, day, year) for plotting and signal generation.
Range Filter
Smooths price via an EMA-based “range” band (configurable period & multiplier).
Plots the filter line and upper/lower bands with dynamic coloring to show trend strength.
Generates breakout signals only on the first candle after a trend change (longCondition1 / shortCondition1).
Webhook Integration (3Commas)
Customizable text messages for opening/closing long and short positions via webhooks.
Exhaustion (“Tükenmişlik”) Levels
Detects overextended moves by counting consecutive bars and checking swing highs/lows.
Plots support/resistance exhaustion lines on the current and (optionally) higher timeframe.
Identifies “super” signals when both current and higher timeframe exhaustion align.
MESA Moving Average (optional)
Implements the Mesa Adaptive Moving Average (MAMA & FAMA) on the current or higher timeframe.
Can color bars or overlay lines to visualize adaptive trend.
WaveTrend Oscillator
Calculates WaveTrend channels and moving averages on chosen source and timeframe.
Configurable overbought/oversold thresholds at three sensitivity levels.
Emits level-3 reversal signals when WT lines cross in extreme zones.
Combination Signals
“Combo” buy/sell markers (⭐/💥) and alert conditions when Range Filter and WaveTrend level-3 coincide.
Alert System
Multiple alertcondition definitions with Turkish titles & messages for:
Range Filter entries/exits
Strong WaveTrend reversals
Combo signals
Group alerts covering any signal type
Optimus Prime X SignalsOptimus Prime X Signals - TradingView Indicator Description
Overview
The Optimus Prime X Signals is a sophisticated, customizable technical analysis indicator designed for the TradingView platform. It combines three widely used technical indicators—Average True Range (ATR), Exponential Moving Average (EMA), and Relative Strength Index (RSI)—to generate actionable buy and sell signals. By integrating these indicators, the script provides traders with a versatile tool to identify potential entry and exit points in various market conditions. The indicator is displayed as an overlay on the price chart, with clear visual cues for signals, including labeled markers and candlestick color changes.
This indicator is suitable for traders of all experience levels, offering flexible configuration options to tailor signal generation to specific trading strategies and timeframes. It also includes built-in alert conditions, enabling seamless integration with TradingView’s alert system for real-time notifications.
Features
1. Multi-Indicator Signal Generation
The indicator combines signals from ATR-based support/resistance levels, EMA price deviations, and RSI overbought/oversold conditions. Traders can enable or disable each indicator’s contribution to the final signal, allowing for a highly customizable approach.
2. Visual Feedback
* Buy and Sell Labels: Green "Buy" labels appear below the price bar, and red "Sell" labels appear above the price bar when signals are triggered.
* Candlestick Coloring: Candlesticks turn white when a buy or sell signal is generated, providing an immediate visual cue.
* Overlay Design: The indicator integrates directly with the price chart, ensuring a clutter-free and intuitive user experience.
3. Flexible Configuration
Each indicator component (ATR, EMA, RSI) has its own configuration group in the settings panel, allowing traders to:
* Adjust periods, multipliers, and thresholds.
* Specify custom timeframes for each indicator.
* Enable or disable individual indicators for signal generation.
4. Alert Integration
The script includes two alert conditions:
* Buy Signal: Triggered when all enabled conditions (ATR, EMA, RSI) align for a bullish signal.
* Sell Signal: Triggered when all enabled conditions align for a bearish signal.
These alerts can be configured within TradingView to notify traders via email, SMS, or other supported methods.
Configuration Options
Support/Resistance Configuration (ATR)
* Use (ATR) Support/Resistance for Signals: Enable or disable ATR-based signals (default: enabled).
* ATR Period: Set the lookback period for calculating the ATR (default: 5).
* ATR Multiplier: Define the multiplier applied to the ATR value to calculate support and resistance levels (default: 0.5).
* ATR Timeframe: Specify the timeframe for ATR calculations (default: Daily, "D").
The ATR is used to establish dynamic support (price below the last close minus ATR * multiplier) and resistance (price above the last close plus ATR * multiplier) levels. A buy signal is generated when the price falls below the support level, and a sell signal is generated when the price rises above the resistance level.
EMA Configuration
* Use EMA for Signals: Enable or disable EMA-based signals (default: enabled).
* EMA Period: Set the lookback period for the EMA calculation (default: 50).
* EMA (%) Distance: Define the percentage distance from the EMA to create upper and lower bands (default: 0.5%).
* EMA Timeframe: Specify the timeframe for EMA calculations (default: chart timeframe).
The EMA component generates a buy signal when the price falls below the lower EMA band (EMA * (1 - distance/100)) and a sell signal when the price rises above the upper EMA band (EMA * (1 + distance/100)).
RSI Configuration
* Use RSI for Signals: Enable or disable RSI-based signals (default: enabled).
* RSI Period: Set the lookback period for RSI calculation (default: 14).
* RSI Overbought Level: Define the RSI level for overbought conditions (default: 70).
* RSI Oversold Level: Define the RSI level for oversold conditions (default: 30).
* RSI Timeframe: Specify the timeframe for RSI calculations (default: chart timeframe).
The RSI component triggers a buy signal when the RSI falls below the oversold level and a sell signal when it rises above the overbought level.
How It Works
Signal Logic
The indicator generates buy and sell signals based on the combined conditions of the enabled indicators:
* Buy Signal: Triggered when all enabled conditions are met (e.g., price below ATR support, price below EMA lower band, and RSI below oversold level).
* Sell Signal: Triggered when all enabled conditions are met (e.g., price above ATR resistance, price above EMA upper band, and RSI above overbought level).
If any indicator is disabled, its condition is ignored in the signal calculation, allowing traders to focus on specific indicators or combinations.
Visual and Alert Output
* When a signal is triggered, a label ("Buy" or "Sell") is plotted on the chart, and the corresponding candlestick is colored white.
* Alerts are available for integration with TradingView’s notification system, ensuring traders can act promptly on signals.
Usage Instructions
1. Add to Chart: Add the "Optimus Prime X Signals" indicator to your TradingView chart.
2. Configure Settings: Access the indicator’s settings to customize ATR, EMA, and RSI parameters, including periods, multipliers, thresholds, and timeframes.
3. Enable Alerts: Set up alerts for buy and sell signals through TradingView’s alert system for real-time notifications.
4. Analyze Signals: Monitor the chart for labeled signals and candlestick color changes to identify potential trading opportunities.
Notes for Traders
* Customization: Adjust the settings to align with your trading style, market, and timeframe. For example, increase the ATR multiplier for wider support/resistance zones or adjust the RSI levels for more or less frequent signals.
* Timeframe Flexibility: Use different timeframes for ATR, EMA, and RSI to capture multi-timeframe trends and improve signal accuracy.
* Risk Management: Always combine this indicator with proper risk management strategies, as no indicator guarantees profitable trades.
* Backtesting: Test the indicator on historical data to evaluate its performance in your chosen market and timeframe.
Limitations
* The indicator may generate false signals in choppy or sideways markets, as it relies on trend and momentum-based conditions.
* Signals are based on historical data and may lag in fast-moving markets.
* The maximum number of labels displayed is set to 500 to comply with TradingView’s limitations.
Conclusion
The Optimus Prime X Signals indicator is a powerful and user-friendly tool for traders seeking to combine ATR, EMA, and RSI signals into a cohesive trading strategy. Its customizable settings, clear visual feedback, and alert integration make it suitable for both novice and experienced traders. By providing flexibility in configuration and timeframe selection, it empowers users to adapt the indicator to various markets and trading styles.
For support or feedback, please contact the script author through TradingView’s messaging system.
Future is hereOverview
"Future is Here" is an original, multi-faceted Pine Script indicator designed to provide traders with a comprehensive toolset for identifying high-probability trading opportunities. By integrating volatility-based entry zones, trend-based price targets, momentum confirmation, dynamic support/resistance levels, and risk-reward ratio (RRR) calculations, this indicator offers a cohesive and actionable trading framework. Each feature is carefully designed to complement the others, ensuring a synergistic approach that enhances decision-making across various market conditions. This script is unique in its ability to combine these elements into a single, streamlined interface with clear visual cues and customizable alerts, making it suitable for both novice and experienced traders.
Key Features and How They Work Together
Volatility-Based Entry Zones
Purpose: Identifies overbought and oversold conditions using a volatility-adjusted moving average, helping traders spot potential reversal zones.
Mechanism: Utilizes a user-defined volatility length and multiplier to calculate dynamic overbought/oversold thresholds based on the standard deviation of price. Crossovers and crossunders of these levels trigger "Buy Zone" or "Sell Zone" labels.
Synergy: These zones act as the foundation for entry signals, which are later confirmed by momentum and trend filters to reduce false signals.
Trend-Based Price Targets
Purpose: Projects potential price targets based on the prevailing trend, giving traders clear objectives for profit-taking.
Mechanism: Combines a fast and slow moving average to determine trend direction, then calculates target prices using a multiplier of the price deviation from the slow MA. Labels display bullish or bearish targets when the fast MA crosses the slow MA.
Synergy: Works in tandem with entry zones and momentum signals to align targets with market conditions, ensuring traders aim for realistic price levels supported by trend strength.
Momentum Confirmation
Purpose: Validates entry signals by assessing momentum strength, filtering out weak setups.
Mechanism: Uses the momentum indicator to detect bullish or bearish momentum crossovers, labeling them as "Strong" or "Weak" based on a comparison with a smoothed momentum average.
Synergy: Enhances the reliability of buy/sell signals by ensuring momentum aligns with volatility zones and trend direction, reducing the risk of premature entries.
Dynamic Support/Resistance Levels
Purpose: Highlights key price levels where the market is likely to react, aiding in trade planning and risk management.
Mechanism: Detects pivot highs and lows over a user-defined lookback period, drawing horizontal lines for the most recent support and resistance levels (limited to two each for clarity). Labels mark these levels with price values.
Synergy: Complements entry zones and price targets by providing context for potential reversal or continuation points, helping traders set logical stop-losses or take-profits.
Buy/Sell Signals with Risk-Reward Ratios
Purpose: Generates precise buy/sell signals with integrated take-profit (TP), stop-loss (SL), and RRR calculations for disciplined trading.
Mechanism: Combines volatility zone crossovers, trend confirmation, and positive momentum to trigger signals. ATR-based TP and SL levels are calculated, and the RRR is displayed in labels for quick assessment.
Synergy: This feature ties together all previous components, ensuring signals are only generated when volatility, trend, and momentum align, while providing clear risk-reward metrics for trade evaluation.
Customizable Alerts
Purpose: Enables traders to stay informed of trading opportunities without constant chart monitoring.
Mechanism: Alert conditions are set for buy and sell signals, delivering notifications with the entry price for seamless integration into trading workflows.
Synergy: Enhances usability by allowing traders to act on high-probability setups identified by the indicator’s combined logic.
Originality
"Future is Here" is an original creation that distinguishes itself through its holistic approach to technical analysis. Unlike single-purpose indicators, it integrates volatility, trend, momentum, and support/resistance into a unified system, reducing the need for multiple scripts. The inclusion of RRR calculations directly in signal labels is a unique feature that empowers traders to evaluate trade quality instantly. The script’s design emphasizes clarity and efficiency, with cooldowns to prevent label clutter and a limit on support/resistance lines to maintain chart readability. This combination of features, along with its customizable parameters, makes it a versatile and novel tool for traders seeking a robust, all-in-one solution.
How to Use
Setup: Add the indicator to your TradingView chart and adjust input parameters (e.g., Volatility Length, Trend Length, TP/SL Multipliers) to suit your trading style and timeframe.
Interpretation:
Look for "Buy Zone" or "Sell Zone" labels to identify potential entry points.
Confirm entries with "Bull Mom" or "Bear Mom" labels and trend direction (Bull/Bear Target labels).
Use Support/Resistance lines to set logical TP/SL levels or anticipate reversals.
Evaluate Buy/Sell signals with TP, SL, and RRR for high-probability trades.
Alerts: Set up alerts for Buy/Sell signals to receive real-time notifications.
Customization: Fine-tune multipliers and lengths to adapt the indicator to different markets (e.g., stocks, forex, crypto) or timeframes.
Signalgo MAThis script generates buy/sell signals by combining multi-timeframe analysis with trend filtering and signal logic. Unlike typical moving average indicators that operate on a single timeframe, this tool simultaneously analyzes moving averages across multiple timeframes. It then synthesizes these crossovers through proprietary multi-layered logic to identify trend alignments and produce graded trading signals.
Step Channel Momentum Trend [ChartPrime]OVERVIEW
Step Channel Momentum Trend is a momentum-based price filtering system that adapts to market structure using pivot levels and ATR volatility. It builds a dynamic channel around a stepwise midline derived from swing highs and lows. The system colors price candles based on whether price remains inside this channel (low momentum) or breaks out (strong directional flow). This allows traders to clearly distinguish ranging conditions from trending ones and take action accordingly.
⯁ STRUCTURAL MIDLNE (STEP CHANNEL CORE)
The midline acts as the backbone of the trend system and is based on structure rather than smoothing.
Calculated as the average of the most recent confirmed Pivot High and Pivot Low.
The result is a step-like horizontal line that only updates when new pivot points are confirmed.
This design avoids lag and makes the line "snap" to recent structural shifts.
It reflects the equilibrium level between recent bullish and bearish control.
snapshot
This unique step logic creates clear regime shifts and prevents noise from distorting trend interpretation.
⯁ DYNAMIC VOLATILITY BANDS (ATR FILTERING)
To detect momentum strength, the script constructs upper and lower bands using the ATR (Average True Range):
The distance from the midline is determined by ATR × multiplier (default: 200-period ATR × 0.6).
These bands adjust dynamically to volatility, expanding in high-ATR environments and contracting in calm markets.
The area between upper and lower bands represents a neutral or ranging market state.
Breakouts outside the bands are treated as significant momentum shifts.
snapshot
This filtering approach ensures that only meaningful breakouts are visually emphasized — not every candle fluctuation.
⯁ MOMENTUM-BASED CANDLE COLORING
The system visually transforms price candles into momentum indicators:
When price (hl2) is above the upper band, candles are green → bullish momentum.
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When price is below the lower band, candles are red → bearish momentum.
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When price is between the bands, candles are orange → low or no momentum (range).
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The candle body, wick, and border are all colored uniformly for visual clarity.
This gives traders instant feedback on when momentum is expanding or fading — ideal for breakout, pullback, or trend-following strategies.
⯁ PIVOT-BASED SWING ANCHORS
Each confirmed pivot is plotted as a label ⬥ directly on the chart:
snapshot
They also serve as potential manual entry zones, SL/TP anchors, or confirmation points.
⯁ MOMENTUM STATE LABEL
To reinforce the current market mode, a live label is displayed at the most recent candle:
Displays either:
“Momentum Up” when price breaks above the upper band.
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“Momentum Down” when price breaks below the lower band.
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“Range” when price remains between the bands.
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Label color matches the candle color for quick identification.
Automatically updates on each bar close.
This helps discretionary traders filter trades based on market phase.
USAGE
Use the green/red zones to enter with momentum and ride trending moves.
Use the orange zone to stay out or fade ranges.
The step midline can act as a breakout base, pullback anchor, or bias reference.
Combine with other indicators (e.g., order blocks, divergences, or volume) to build high-confluence systems.
CONCLUSION
Step Channel Momentum Trend gives traders a clean, adaptive framework for identifying trend direction, volatility-based breakouts, and ranging environments — all from structural logic and ATR responsiveness. Its stepwise midline provides clarity, while its dynamic color-coded candles make momentum shifts impossible to miss. Whether you’re scalping intraday momentum or managing swing entries, this tool helps you trade with the market’s rhythm — not against it.
LON Super Tiangong Index## LON Super Heavenly Palace Indicator
### Description
The LON Super Heavenly Palace indicator is a sophisticated multi-line oscillator that identifies potential trading opportunities through a combination of momentum and trend analysis. It features four distinct lines that work together to provide comprehensive market insights.
### Key Features
- **Four Main Lines**: Short, Mid, Mid-Long, and Long lines with distinct colors
- **Adaptive Signals**: Uses both absolute and relative value analysis for better market adaptation
- **Visual Alerts**: Background highlighting and shape markers for clear signal identification
- **Multiple Signal Types**: Comprehensive signal system for various market conditions
### Trading Signals
#### Bullish Signals
- **Dragon's Treasure**: Blue background when all lines are in relative bottom territory
- **Golden Signal**: Cyan circles when all lines are below 20
- **Bounce Signal**: Pink triangles when long-term momentum turns positive
- **Perfect Opportunity**: Purple triangles for optimal entry conditions
#### Bearish Signals
- **Heaven's Treasure**: Yellow background when mid and long lines reach relative top territory
- **Top Signal**: Yellow circles when mid line exceeds 80
#### Confirmation Signals
- **Bottom Signal**: Magenta circles for oversold conditions
- **Strong Bottom**: Large purple triangles for major reversal opportunities
### How to Use
#### Entry Strategy
1. **Wait for Dragon's Treasure** (blue background) - indicates oversold conditions
2. **Look for Golden Signal** (cyan circles) - confirms bottom formation
3. **Confirm with Bounce Signal** (pink triangles) - momentum turning positive
4. **Enter on Perfect Opportunity** (purple triangles) - optimal timing
#### Exit Strategy
1. **Monitor Heaven's Treasure** (yellow background) - overbought conditions
2. **Watch for Top Signal** (yellow circles) - exit signal
3. **Use reference lines** (20, 80) for additional confirmation
#### Risk Management
- Use the 15 and 80 reference lines as support/resistance
- Combine multiple signals for higher probability trades
- Avoid trading against strong trend signals
- Use the -90 reference line for extreme oversold conditions
### Best Practices
- **Timeframe**: Works best on 1H, 4H, and Daily charts
- **Markets**: Effective on stocks, forex, and crypto
- **Confirmation**: Always wait for multiple signals to align
- **Patience**: Don't force trades - wait for clear signal combinations
### Visual Reference
- **Blue background** = Potential buying opportunity
- **Yellow background** = Potential selling opportunity
- **Colored circles** = Confirmation signals
- **Triangles** = Entry/exit points
- **Dotted lines** = Key reference levels
This indicator excels at identifying oversold/overbought conditions and potential reversal points, making it ideal for swing trading and medium-term position management.
Intraday BUY/SELL & AUTO SL (5-min timeframe only) by chaitu50c)Intraday BUY/SELL & AUTO SL (5-min timeframe only) by chaitu50c
This indicator provides intraday traders with BUY/SELL reversal signals and automated SL (Stoploss) tracking, based on a 3-candle reversal block logic — designed to work exclusively on the 5-min timeframe.
Key Features:
• 3-Candle Reversal Logic — Signals are generated when a defined 3-candle reversal pattern is detected (body-close breakout).
• Current Session Only — All signals and SL lines are valid only for the current session and automatically reset at session start.
• BUY/SELL Signal Labels — Visual ▲ and ▼ labels mark valid reversal signals on the chart.
• Dynamic Auto SL Lines — Plots dashed SL lines based on the reversal block's low/high.
• SL HIT Tracking — If SL is broken, the line stops extending and a ‘SL HIT’ label is displayed at the midpoint of the SL line.
• Adjustable Visual Settings — Customize signal label size, SL line width, colors, and more.
• Clean & Lightweight — Optimized for intraday use without cluttering the chart.
How to Use:
You can trade this indicator in two ways:
1. Direct Signal Entry — Take a BUY or SELL trade when a valid ▲/▼ reversal signal forms.
2. SL HIT Re-entry — If an existing SL line is broken and ‘SL HIT’ appears, you can optionally take an opposite side trade in the direction of the SL HIT.
Example:
A BUY signal is generated and an SL line is plotted below.
If price breaks the SL (SL HIT appears), you may consider entering a SELL trade at that point — as it indicates weakness.
Important Notes:
• Works only on 5-min timeframe — Set your chart to 5-min for correct behavior.
• Designed for intraday trading — all signals and SL levels reset at session start.
• Does not carry signals between sessions.
• SL lines and HIT labels provide a clear and simple visual aid for trade management.
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BeeQuant - Hive Smoothing Average🔶 OVERVIEW
The "Hive Smoothing Average" is your gateway to crystal-clear market insights, a truly advanced tool that cuts through confusing price "noise" to reveal the true underlying trend. Imagine having a panoramic view of the market's true direction, unclouded by minor ups and downs. This powerful indicator dynamically filters out market distractions, presenting you with a highly refined line that not only shows you the genuine path of price but also changes color. It’s built for traders who demand clarity and want to confidently spot opportunities that others might miss in messy charts.
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🧠 CONCEPTS
At its heart, the "Hive Smoothing Average" employs a sophisticated multi-stage processing system to transform raw price data into an incredibly smooth and responsive smoothed moving average line. It's designed to give you an unparalleled view of market direction and momentum.
⬜ Synthesizes multiple smoothing layers to deliver a balanced representation of underlying price action.
⬜ Offers enhanced visual consistency by filtering volatility distortion without delay-based lag.
⬜ Presents color-coded transitions and signal markers to aid in directional conviction and structural flow.
⬜ Embeds a modular smoothing core adaptable across market environments and asset classes.
Hive Smoothing Average doesn't forecast, it refines. It provides a more coherent view of price evolution, allowing for higher-confidence discretion and more robust strategy overlays.
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✨ FEATURES
Hive Smoothing Average is loaded with flexibility and visual power to enhance your decision-making:
🔹Customizable Smoothing
Tailor the indicator’s core behavior using a wide range of smoothing algorithms — from classic to advanced — to match your trading tempo and asset dynamics.
🔹 Intelligent Color Feedback
The line color dynamically shifts to reflect meaningful trend transitions, offering at-a-glance clarity without crowding your chart.
🔹 Trend Signal Markers
Built-in arrow markers highlight potential transitions in price momentum, acting as subtle nudges to investigate further.
🔹 Multi-Timeframe Ready
Designed to operate cleanly across all timeframes, from scalping micro-trends to monitoring macro cycles.
🔹 External Source Collaboration
Hive Smoothing Average includes two flexible input channels that can seamlessly connect with other indicators on your chart.
🔹 Adaptive Bands
A powerful enhancement to the Hive framework, the optional Standard Deviation Bands add dynamic context to price behavior by highlighting how far price is moving relative to its recent average volatility.
Length: Controls the lookback period for volatility calculation.
Lower values (e.g., 20 – 50) make the bands highly reactive Higher values (e.g., 200 – 500) smooth out the bands (classic envelope systems )
These bands offer valuable visual cues for both volatility expansion and mean reversion potential, especially when combined with Hive’s core candle coloration logic.
🔹Non-Repainting Logic for Historical Reliability
Each "Hive Smoothing Average" is plotted only when its internal reconstruction conditions are fully met and confirmed. This ensures that the historical display of Hive Smoothing Average does not repaint, providing a high degree of reliability and trust in past signals and visualizations.
🔹Cross-Market Versatility
This indicator is engineered to perform with precision across all major markets—whether you're trading forex, commodities, stocks, or indices. Its adaptive logic automatically aligns with the unique volatility and structure of each asset class, delivering consistently reliable insights no matter where you trade.
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⚙️ USAGE
Getting started with Hive Smoothing Average is seamless and intuitive:
✨ Apply to Any Chart
Simply add the indicator to any asset or timeframe and see immediate transformation in chart clarity.
💹 Source Data Flexibility
Choose your preferred price data source for each smoothing stage (e.g., Close, Open, High, Low), providing complete control over the input feeding the sophisticated smoothing algorithms.
🛠️ Adjust Smoothing Behavior
Choose your preferred initial and final smoothing types (EMA, HMA, ALMA, etc.), and tweak lengths for desired responsiveness or smoothness.
📐 Use Bands for Confluence
Enable the Bands mode to visualize dynamic zones around your smoothed price. Useful for breakout validation and fade zones.
🟩 Green Smoother Line
Indicates strengthening bullish bias and upward progression.
🟥 Red Smoother Line
Suggests weakening or shifting trend toward bearish territory.
📈 Arrow Signals
Upward or downward triangles appear when directional bias changes — confirming subtle pivots in trend behavior.
🎯 Offset Adjustment
Fine-tune the visual positioning of the smoothed line and bands on your chart with a convenient "Offset" input.
📏 Lookback Filter
Activate the “Lookback Filter” setting to remove weaker signals based on custom historical logic. By checking recent candle behavior, it filters out low-quality transitions and only keeps strong, confirmed shifts — helping you avoid noise and stay focused on reliable breakouts.
Experiment with settings based on your trading timeframe. Short-term traders may prefer fast-reactive configurations, while swing or positional traders can explore higher-period smoothings for structural signals.
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⚠️ LIMITATIONS
While Hive Smoothing Average delivers incredible trend clarity, it’s essential to use it within its designed purpose:
👉 Visual Clarity, Not Trade Calls: This tool enhances visibility of market behavior, not automatic signals. Use it as a trusted lens — not a standalone system.
👉 Reactive, Not Predictive: Hive Smoothing Average responds to price action with refined smoothing. It is not a forecasting model.
👉 Config-Sensitive Output: Different smoothing setups can produce different levels of sensitivity or delay. Calibration matters — explore what fits your asset and style.
👉 Focuses on Price Action Only: It does not integrate volume, fundamentals, or external market influences. It’s engineered purely for price structure refinement.
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🎯 CONCLUSION
Hive Smoothing Average provides a high-performance, low-noise framework to view price with remarkable clarity. With its adaptive smoothing layers, bands support, and intelligent signal markers, it becomes a powerful tool to enhance your trend confidence and charting efficiency. By furnishing immediate, data-driven feedback on the market's core momentum and signaling critical turning points, it profoundly empowers traders to rapidly ascertain nascent market shifts and identify pivotal directional changes. Seamlessly integrate this sophisticated visual tool within your pre-existing technical analysis architecture to acquire a sharper, more insightful perspective, and fundamentally elevate your strategic acumen, optimizing your decision-making processes to a degree previously unattainable. It's about experiencing the market's true rhythm.
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🚨 RISK DISCLAIMER
Engagement in financial market speculation inherently carries a substantial degree of inherent risk, and the potential for capital diminution, potentially exceeding initial deposits, is a pervasive and non-trivial consideration. All content, algorithmic tools, scripts, articles, and educational materials disseminated by "Hive Smoothing Average" are exclusively purposed for informational and pedagogical objectives, strictly for reference. Historical performance data, whether explicitly demonstrated or implicitly suggested, offers no infallible assurance or guarantee of future outcomes. Users bear sole and ultimate accountability for their individual trading decisions and are emphatically urged to meticulously assess their financial disposition, risk tolerance parameters, and conduct independent due diligence prior to engaging in any speculative market activity.
BeeQuant - Hive HeikinAshi💠 OVERVIEW
The "Hive HeikinAshi" is your ultimate tool for simplifying the chaotic world of price charts. Imagine a specialized lens that cuts through all the market "noise" – those tiny, confusing movements – and reveals the clear, underlying current of price action. This indicator transforms standard, sometimes choppy, candlestick charts into a powerful, trend-focused visualization. It’s designed to help every trader, whether you're a discretionary trader seeking cleaner structures or a quant enthusiast looking for visual cues to complement models, Hive HeikinAshi provides a simplified yet highly informative lens through which to read price action.
Its main advantage lies in its seamless compatibility with external indicators — offering a next-level smoothing foundation that enhances the clarity and reliability of any existing trend, momentum, or signal-based system layered on top of it.
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🧠 CONCEPTS
At its core, the "Hive HeikinAshi" isn't just another way to look at candles; it's a profound re-interpretation of price dynamics. It employs a sophisticated internal process to distill raw market movements into a more coherent, trend-identifying display, making the market's story incredibly easy to read.
The "Hive" Transformation: Unlike traditional candlesticks that show every small price fluctuation, the "Hive HeikinAshi" candles are intelligently constructed to smooth out the data. They are derived from a multi-point calculation process, creating a new, more consistent visual representation of price. This transformation helps to reduce the "visual clutter" and make trend following a much more intuitive experience. You'll see the forest, not just the trees.
⬜ Highlights dominant price direction by filtering reactive fluctuations
⬜ Visually separates impulsive vs corrective behavior with clear color transitions
⬜ Enables quicker discretionary recognition of trend shifts without complex overlays
⬜ Ideal for confirming momentum zones and stable trending phases
⬜ The Intelligent Filter. An optional yet powerful "Filter" mechanism has been integrated, providing an additional layer of analytical discernment.
⬜ Designed to integrate natively with trend-following, oscillator, or signal indicators — enabling amplified precision across diverse trading systems
A significant advantage of the "Hive HeikinAshi" is its inherent ability to minimize distracting "noise" from typical candle wicks. While standard candles can often show long, confusing wicks that obscure the true body direction, our specialized candles are engineered to emphasize the core directional move. This intelligent design allows you to focus on the momentum generated by the candle's body, rather than getting sidetracked by fleeting price extremes, thereby providing a cleaner, more reliable visual of trend strength.
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✨ FEATURES
Hive HeikinAshi includes several key features designed for both clarity and functionality:
🔹Multi-Bar Averaging
Generates a visually balanced candle structure using averaged pricing across configurable recent bars.
🔹 Wickless Visualization
Candles are rendered without upper/lower shadows, enhancing trend detection and reducing signal confusion.
🔹 Signal Filter
Adaptive color filter using a dynamic high/low lookback logic
🔹 Directional Color Coding
Clean green/red coloring helps instantly interpret bullish or bearish pressure.
🔹 Adjustable History Depth
Customize how many bars are considered in the smoothing process to match your style and timeframe.
🔹 Invisible Price Feed Outputs
Underlying smoothed OHLC values are available for custom strategies or overlays.
🔹Non-Repainting Logic for Historical Reliability
Each "Hive HeikinAshi" is plotted only when its internal reconstruction conditions are fully met and confirmed. This ensures that the historical display of HeikinAshi does not repaint, providing a high degree of reliability and trust in past signals and visualizations.
🔹Cross-Market Versatility
This indicator is engineered to perform with precision across all major markets—whether you're trading forex, commodities, stocks, or indices. Its adaptive logic automatically aligns with the unique volatility and structure of each asset class, delivering consistently reliable insights no matter where you trade.
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⚙️ USAGE
Using Hive HeikinAshi is simple and effective:
📥 Add to Chart
Once access is granted, apply the indicator to any timeframe or asset directly from your TradingView invite-only indicators list.
⚙️ Tweak “No. of Bars”
This setting controls how far back the smoothing engine looks.
• Lower values = more responsive, shorter-term smoothing
• Higher values = steadier candles, better for macro trends
🎚️ Next, consider the "Filter" option:
Turn this on to activate the advanced filtering mechanism. Then, adjust the "lookback bars" (from 1 to 10). A smaller number here will make the filter more responsive to immediate "Hive HeikinAshi" candle extremes, while a larger number will require a more sustained breakout from the recent filtered range. Experiment to discover the optimal "sweet spot" that best reveals the underlying market flow for your specific strategy. The tooltip guides you to this optimal setting.
Disable "Filter": If turned off, the candles will revert to a more direct HeikinAshi coloration based purely on their calculated open and close, without the additional layer of range filtering.
🔍 Interpreting Candles
• 🟢 Green Candle: Bullish continuation zone
• 🔴 Red Candle: Bearish pressure dominates
• Lack of wick = strong directional conviction
Combine with your favorite indicators — Hive HeikinAshi acts as a foundation to reduce noise and enhance clarity across tools like EMAs, MACD, VWAP, and more.
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⚠️ LIMITATIONS
While Hive HeikinAshi provides clear visual advantages, it is important to understand its scope:
👉 Not a Signal Generator: This indicator excels at identifying and confirming trends, making it less suitable for pinpointing exact, high-frequency entry and exit points that require unadulterated real-time price. It prioritizes overall directional clarity.
👉 Lag by Design: Due to multi-bar data smoothing, candles reflect stable price behavior but not ultra-short-term fluctuations.
👉 No Volume or Macro Inputs: Hive HeikinAshi focuses purely on price structure — it does not include volume, news, or external conditions.
👉 Filter Calibration: While the "Filter" enhances clarity, its effectiveness is dependent on appropriate "lookback bars" calibration. Users should understand that adding filtering inherently balances responsiveness with a more refined signal, and finding the optimal setting is part of the analytical process.
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🎯 CONCLUSION
Hive HeikinAshi is a powerful visual companion for modern traders seeking smoother, clearer price trends. By combining directional clarity with reduced chart clutter, it allows you to interpret the market with less noise and more confidence. Seamlessly integrate this advanced visual tool within your analytical framework to gain a sharper, more confident perspective, and elevate your strategic decision-making in the markets. It's about seeing the unseen, with clarity.
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🚨 RISK DISCLAIMER
Engagement in financial market speculation inherently carries a substantial degree of inherent risk, and the potential for capital diminution, potentially exceeding initial deposits, is a pervasive and non-trivial consideration. All content, algorithmic tools, scripts, articles, and educational materials disseminated by "Hive HeikinAshi" are exclusively purposed for informational and pedagogical objectives, strictly for reference. Historical performance data, whether explicitly demonstrated or implicitly suggested, offers no infallible assurance or guarantee of future outcomes. Users bear sole and ultimate accountability for their individual trading decisions and are emphatically urged to meticulously assess their financial disposition, risk tolerance parameters, and conduct independent due diligence prior to engaging in any speculative market activity.
Adaptive Cycle Oscillator with EMADescription of the Adaptive Cycle Oscillator with EMA Pine Script
This Pine Script, titled "Adaptive Cycle Oscillator with EMA", is a custom technical indicator designed for TradingView to help traders analyze market cycles and identify potential buy or sell opportunities. It combines an Adaptive Cycle Oscillator (ACO) with multiple Exponential Moving Averages (EMAs), displayed as colorful, wavy lines, and includes features like buy/sell signals and divergence detection. Below is a beginner-friendly explanation of how the script works, adhering to TradingView's Script Publishing Rules.
What This Indicator Does
The Adaptive Cycle Oscillator with EMA helps you:
Visualize market cycles using an oscillator that adapts to price movements.
Track trends with seven EMAs of different lengths, plotted as a rainbow of wavy lines.
Identify potential buy or sell signals when the oscillator crosses predefined thresholds.
Spot divergences between the oscillator and price to anticipate reversals.
Use customizable settings to adjust the indicator to your trading style.
Note: This is a technical analysis tool and does not guarantee profits. Always combine it with other analysis methods and practice risk management.
Step-by-Step Explanation for New Users
1. Understanding the Indicator
Adaptive Cycle Oscillator (ACO): The ACO analyzes price data (based on high, low, and close prices, or HLC3) to detect market cycles. It smooths price movements to create an oscillator that swings between overbought and oversold levels.
EMAs: Seven EMAs of different lengths are applied to the ACO and scaled based on the market's dominant cycle. These EMAs are plotted as colorful, wavy lines to show trend direction.
Buy/Sell Signals: The script generates signals when the ACO crosses above or below user-defined thresholds, indicating potential entry or exit points.
Divergence Detection: The script identifies bullish or bearish divergences between the ACO and the fastest EMA, which may signal potential reversals.
Visual Style: The indicator uses a rainbow of seven colors (red, orange, yellow, green, blue, indigo, violet) for the EMAs, with wavy lines for a unique visual effect. Static levels (zero, overbought, oversold) are also wavy for consistency.
2. How to Add the Indicator to Your Chart
Open TradingView and load the chart of any asset (e.g., stock, forex, crypto).
Click on the Indicators button at the top of the chart.
Search for "Adaptive Cycle Oscillator with EMA" (or paste the script into TradingView’s Pine Editor if you have access to it).
Click to add the indicator to your chart. It will appear in a separate panel below the price chart.
3. Customizing the Indicator
The script offers several input options to tailor it to your needs:
Base Cycle Length (Default: 20): Sets the initial period for calculating the dominant cycle. Higher values make the indicator slower; lower values make it more sensitive.
Alpha Smoothing (Default: 0.07): Controls how much the ACO smooths price data. Smaller values produce smoother results.
Show Buy/Sell Signals (Default: True): Toggle to display green triangles (buy) and red triangles (sell) on the chart.
Threshold (Default: 0.0): Defines overbought (above threshold) and oversold (below threshold) levels. Adjust to widen or narrow signal zones.
EMA Base Length (Default: 10): Sets the starting length for the fastest EMA. Other EMAs are incrementally longer (12, 14, 16, etc.).
Divergence Lookback (Default: 14): Determines how far back the script looks to detect divergences.
To adjust these:
Right-click the indicator on your chart and select Settings.
Modify the inputs in the pop-up window.
Click OK to apply changes.
4. Reading the Indicator
Oscillator and EMAs: The ACO and seven EMAs are plotted in a separate panel. The EMAs (colored lines) move in a wavy pattern:
Red (fastest) to Violet (slowest) represent different response speeds.
When the faster EMAs (e.g., red, orange) are above slower ones (e.g., blue, violet), it suggests bullish momentum, and vice versa.
Zero Line: A gray wavy line at zero acts as a neutral level. The ACO above zero indicates bullish conditions; below zero indicates bearish conditions.
Overbought/Oversold Lines: Red (overbought) and green (oversold) wavy lines mark threshold levels. Extreme ACO values near these lines may suggest reversals.
Buy/Sell Signals:
Green Triangle (Bottom): Appears when the ACO crosses above the oversold threshold, suggesting a potential buy.
Red Triangle (Top): Appears when the ACO crosses below the overbought threshold, suggesting a potential sell.
Divergences:
Green Triangle (Bottom): Indicates a bullish divergence (price makes a lower low, but the EMA makes a higher low), hinting at a potential upward reversal.
Red Triangle (Top): Indicates a bearish divergence (price makes a higher high, but the EMA makes a lower high), hinting at a potential downward reversal.
5. Using Alerts
You can set alerts for key events:
Right-click the indicator and select Add Alert.
Choose a condition (e.g., "ACO Buy Signal", "Bullish Divergence").
Configure the alert settings (e.g., notify via email, app, or pop-up).
Click Create to activate the alert.
Available alert conditions:
ACO Buy Signal: When the ACO crosses above the oversold threshold.
ACO Sell Signal: When the ACO crosses below the overbought threshold.
Bullish Divergence: When a potential upward reversal is detected.
Bearish Divergence: When a potential downward reversal is detected.
6. Tips for Using the Indicator
Combine with Other Tools: Use the indicator alongside support/resistance levels, candlestick patterns, or other indicators (e.g., RSI, MACD) for confirmation.
Test on Different Timeframes: The indicator works on any timeframe (e.g., 1-minute, daily). Shorter timeframes may produce more signals but with more noise.
Practice Risk Management: Never rely solely on this indicator. Set stop-losses and position sizes to manage risk.
Backtest First: Use TradingView’s Strategy Tester (if you convert the script to a strategy) to evaluate performance on historical data.
Compliance with TradingView’s Script Publishing Rules
This description adheres to TradingView’s Script Publishing Rules (as outlined in the provided link):
No Performance Claims: The description avoids promising profits or specific results, emphasizing that the indicator is a tool for analysis.
Clear Instructions: It provides step-by-step guidance for adding, customizing, and using the indicator.
Risk Disclaimer: It notes that trading involves risks and the indicator should be used with other analysis methods.
No Misleading Terms: Terms like “buy” and “sell” are used to describe signals, not guaranteed actions.
Transparency: The description explains the indicator’s components (ACO, EMAs, signals, divergences) without exaggerating its capabilities.
No External Links: The description avoids linking to external resources or soliciting users.
Educational Tone: It focuses on educating users about the indicator’s functionality.
Limitations
Not a Standalone System: The indicator is not a complete trading strategy. It provides insights but requires additional analysis.
Lagging Nature: As with most oscillators and EMAs, signals may lag behind price movements, especially in fast markets.
False Signals: Signals and divergences may not always lead to successful trades, particularly in choppy markets.
Market Dependency: Performance varies across assets and market conditions (e.g., trending vs. ranging markets).
Bullish & Bearish Three Line Strike ProHello Traders!
Overview
The **Bullish & Bearish Three Line Strike Pro** indicator pin-points one of the most decisive four-candle reversal formations on any market or timeframe. Whether you trade ranges or follow strong trends, this tool spots exhaustion and offers clear entry and exit guidance.
Key Features :
Precise pattern detection: Detects genuine Bullish and Bearish Three Line Strike setups, screening out look-alikes that fail to perform on the market.
Trend filter (optional): Aligns signals with a user-defined Simple Moving Average (SMA) so you can choose to trade only with, or deliberately against, the prevailing trend.
Visual clarity: Highlights Bullish and Bearish Three Line Strike patterns with customizable colors and shapes, making them easy to spot on the chart.
Filtered-signal display: Let the script reveal which patterns were rejected by the trend filter — an invaluable learning aid.
Bullish Three Line Strike
Three consecutive bearish candles that step lower.
The fourth candle opens below (or at) the last close, then charges upward engulfing all three prior bodies.
Bearish Three Line Strike
Three consecutive bullish candles that step higher.
The fourth candle opens above (or at) the last close, then plunges below engulfing all three prior bodies.
What makes this indicator unique
Precise pattern detection: Detects genuine Bullish and Bearish Three Line Strike setups, screening out look-alikes that fail to perform on the market.
Trend filter (optional): Aligns signals with a user-defined Simple Moving Average (SMA) so you can choose to trade only with, or deliberately against, the prevailing trend.
Visual clarity: Highlights Bullish and Bearish Three Line Strike patterns with customizable colors and shapes, making them easy to spot on the chart.
Filtered-signal display: Let the script reveal which patterns were rejected by the trend filter — an invaluable learning aid.
Nuanced candle analytics: Goes beyond simple price action by considering multiple factors such as candle body ratios, wick lengths, and relative positions to previous candles.
Adaptive learning mode: Display rejected setups to reverse-engineer the logic and refine your discretionary skills.
One-glance decision making: Unified color scheme and label styling make patterns pop, even on cluttered layouts.
How to Trade with this Indicator
Use Three Line Strike Pro to fade exhaustion or re-enter a trend after a healthy pull-back.
Bullish opportunities: Watch for light blue-colored strike candles as potential entry points.
Bearish opportunities: Look for orange-colored strike candles as potential entry points.
Entry: Open the position at the next bar’s open once the strike candle closes.
Stop-loss: 2 ticks beyond the extreme of the complete four-candle pattern.
Aggressive stop-loss: For exceptionally strong strike candles (tiny opposite wick, close near extreme) trail only 2 ticks beyond the strike candle itself.
Take-profit: Aim for 2R (3R for aggressive traders), or trail behind higher lows / lower highs.
Trend Alignment
For a conservative approach, enable "Use Trend Filter" and take only those strikes that agree with the SMA slope. The SMA line is color-coded—lime for up, red for down, yellow for flat—to help you confirm bias at a glance.
Tip: If you want the candle coloring to sit on top of all other studies, drag the indicator to the top of your Object Tree.
Pucci Trend EMA-SMA Crossover with TolerancePucci Trend EMA-SMA Crossover with Tolerance
This indicator helps identify market trends and generates trading signals based on the crossover between an Exponential Moving Average (EMA) and a Simple Moving Average (SMA) with an adjustable tolerance threshold. The signals work as follows:
Buy Signal (B) -> Triggers when the EMA crosses above the SMA, exceeding a user-defined tolerance (in basis points). Optionally, a price filter can require the high or low to be below the EMA for confirmation.
Sell Signal (S) -> Triggers when the SMA crosses above the EMA, exceeding the tolerance. The optional price filter may require the high or low to be above the EMA.
The tolerance helps reduce false signals by requiring a minimum distance between the moving averages before confirming a crossover. The price filter adds an extra confirmation layer by checking if price action respects the EMA level.
Important Notes:
1º No profitability guarantee: This tool is for analysis only and may generate losses.
2º "As Is" disclaimer: Provided without warranties or responsibility for trading outcomes.
3º Use Stop Loss: Users must determine their own risk management.
4º Parameter adjustment needed: Optimal MA periods and tolerance vary by timeframe.
5º Filter impact varies: Enabling/disabling the price filter may improve or worsen performance.
Adaptive Volume‐Demand‐Index (AVDI)Demand Index (according to James Sibbet) – Short Description
The Demand Index (DI) was developed by James Sibbet to measure real “buying” vs. “selling” strength (Demand vs. Supply) using price and volume data. It is not a standalone trading signal, but rather a filter and trend confirmer that should always be used together with chart structure and additional indicators.
---
\ 1. Calculation Basis\
1. Volume Normalization
$$
\text{normVol}_t
= \frac{\text{Volume}_t}{\mathrm{EMA}(\text{Volume},\,n_{\text{Vol}})_t}
\quad(\text{e.g., }n_{\text{Vol}} = 13)
$$
This smooths out extremely high volume spikes and compares them to the average (≈ 1 means “average volume”).
2. Price Factor
$$
\text{priceFactor}_t
= \frac{\text{Close}_t - \text{Open}_t}{\text{Open}_t}.
$$
Positive values for bullish bars, negative for bearish bars.
3. Component per Bar
$$
\text{component}_t
= \text{normVol}_t \times \text{priceFactor}_t.
$$
If volume is above average (> 1) and the price rises slightly, this yields a noticeably positive value; conversely if the price falls.
4. Raw DI (Rolling Sum)
Over a window of \$w\$ bars (e.g., 20):
$$
\text{RawDI}_t
= \sum_{i=0}^{w-1} \text{component}_{\,t-i}.
$$
Alternatively, recursively for \$t \ge w\$:
$$
\text{RawDI}_t
= \text{RawDI}_{t-1}
+ \text{component}_t
- \text{component}_{\,t-w}.
$$
5. Optional EMA Smoothing
An EMA over RawDI (e.g., \$n\_{\text{DI}} = 50\$) reduces short-term fluctuations and highlights medium-term trends:
$$
\text{EMA\_DI}_t
= \mathrm{EMA}(\text{RawDI},\,n_{\text{DI}})_t.
$$
6.Zero Line
Handy guideline:
RawDI > 0: Accumulated buying power dominates.
RawDI < 0: Accumulated selling power dominates.
2. Interpretation & Application
Crossing Zero
RawDI above zero → Indication of increasing buying pressure (potential long signal).
RawDI below zero → Indication of increasing selling pressure (potential short signal).
Not to be used alone for entry—always confirm with price action.
RawDI vs. EMA_DI
RawDI > EMA\_DI → Acceleration of demand.
RawDI < EMA\_DI → Weakening of demand.
Divergences
Price makes a new high, RawDI does not make a higher high → potential weakness in the uptrend.
Price makes a new low, RawDI does not make a lower low → potential exhaustion of the downtrend.
3. Typical Signals (for Beginners)
\ 1. Long Setup\
RawDI crosses zero from below,
RawDI > EMA\_DI (acceleration),
Price closes above a short-term swing high or resistance.
Stop-Loss: just below the last swing low, Take-Profit/Trailing: on reversal signals or fixed R\:R.
2. Short Setup
RawDI crosses zero from above,
RawDI < EMA\_DI (increased selling pressure),
Price closes below a short-term swing low or support.
Stop-Loss: just above the last swing high.
---
4. Notes and Parameters
Recommended Values (Beginners):
Volume EMA (n₍Vol₎) = 13
RawDI window (w) = 20
EMA over DI (n₍DI₎) = 50 (medium-term) or 1 (no smoothing)
Attention:\
NEVER use in isolation. Always in combination with price action analysis (trendlines, support/resistance, candlestick patterns).
Especially during volatile news phases, RawDI can fluctuate strongly → EMA\_DI helps to avoid false signals.
---
Conclusion The Demand Index by James Sibbet is a powerful filter to assess price movements by their volume backing. It shows whether a rally is truly driven by demand or merely a short-term volume anomaly. In combination with classic chart analysis and risk management, it helps to identify robust entry points and potential trend reversals earlier.
Hull MA Channel with Filtered CrossoversI've created an indicator that let's you create a HMA channel with 2 displaced HMA (A/B). As well as a HMA crossover set (C/D).
Here's how it works:
The HMA crossovers from C and D will not signal unless they are outside of the channel of A and B. As a matter of fact, NO buy signal whatsoever will occur above the channel and NO sell signal will occur below the channel.
The crossover HMA pair (C/D) can have their lengths adjusted to the 0.00 decimal point for VERY fine tuning of the crossovers.
(edit-it doesn't fine tune to the .00. This must not be a feature that is able to be utilized. I tried) The length adjustment still works to the nearest whole number. The .00 are mute :(
In keeping with that same logic, you can adjust the displacement of the channel independently to the 0.00 decimal, again for VERY fine tuning.
This is great for reversals while eliminating noise from false signals, keeping the chart nice and clean. Should be used in combination with other indicators for the best confirmations.
Open-Based Percentage Levelsv2
This is an updated version of my original script.
Changes:
I took off the displacement levels since there served no purpose on this script.
I also fixed it to where the percentage level lines are visible continually throughout the entire trading day. Old version had these lines disappearing.
I also updated the name to better reflect its purpose.
Now only works on 30 min and below as the higher time frames are meaningless. The older version allow higher time frames and the code is open source to adjust as desired
Open-Based Adjustable LevelsThis indicator gives signals for levels where the buy or sell volume is above adjustable levels (ex, volume at 100,000). And these levels will only signal after the price has gone above/below a certain 'adjustable' percentage of the stocks opening price.
Example: Signal sell when the price action is 0.7% above market opening price and when sell volume is above 120,000
or
Signal buy when buy volume is above 80,000 and the price is 0.5% below market opening price.
Great for day trading and detecting potential swings in the market. Above image is on a 3min chart.
Doesn't work as well on daily time frames or above.
Should be combined with other indicators like buy/sell channels, for the best confirmations
The Ultimate Buy and Sell Indicator: Unholy Grail Edition"You see, Watson, the market is not random—it simply whispers in a code too complex for the average trader. Lucky for you, I am not average."
They searched for the Holy Grail of trading for decades—promises, false prophets, and overpriced PDFs.
But they were all looking in the wrong place.
This isn’t a relic buried in the desert.
This is the Unholy Grail — a machine-forged fusion of logic, engineering, and tactical overkill .
Built by Sherlock Macgyver , this is not a mystical object. It’s a surveillance system for trend detection, signal validation, and precision entries .
⚠️ Important: This script draws its own candles.
To see it properly, disable regular candles by turning off "Body", "Wick" and "Border" colors.
🔧 What You’re Looking At
This overlay plots confirmed Buy/Sell signals , momentum-based “watch” zones , adaptive candle coloring , SuperTrend bias detection , dual Bollinger Bands , and a moving average ribbon .
It’s not “minimalist” —it’s comprehensive .
📍 Configuring the Tool: Follow the Breadcrumbs
Every setting includes a tooltip — read them . They're not filler. They explain exactly how each feature functions so you can dial this thing in like you're tuning a surveillance rig in a Cold War bunker .
If you skip them, you're walking blind in a minefield .
🕰️ Timeframes: The Signal Sweet Spot
Each asset has a tempo . You need to find the one where signals align with clarity —not chaos .
Start with 4H or 1H —work up or down from there.
Too many fakeouts? → Higher timeframe
Too slow? → Drop to 15m or 5m —but expect more noise and adjust settings accordingly.
The signals scale with time, but you must find the rhythm that best fits your asset—and your trading lifestyle .
♻️ RSI Cycle = Signal Sensitivity
This is the heart of the system . It controls how reactive the RSI engine is.
Adjust based on noise level and how often you can actually monitor your charts.
Short cycle (14–24): More signals, more speed, more noise
Longer cycle (36–64): Smoother entries, better for swing traders
Tip: If your signals feel too jittery, increase the cycle. If they lag too much, reduce it.
📉 SuperTrend: Your Trend Bias Compass
This isn’t your average SuperTrend. It adapts with RSI overlay logic and detects market “silence” via EMA compression— turning white right before the chaos . That said, you still control its aggression.
ATR Length = how many bars to average
ATR Factor = how tight or loose it hugs price
Lower = more sensitive (more trades, more noise)
Higher = confirmation only (fewer, but stronger signals)
Tweak until it feels like a sniper rifle.
No, you won’t get it perfect on the first try.
Yes, it’s worth it.
🛠️ Modular Signals: Why Things Fire (or Don’t)
Buy/Sell entries require conditions to align. The logic is modular, and that’s on purpose.
RSI signals only fire if RSI crosses its smoothed MA outside the dead zone and a “Watch” condition is active.
SuperTrend signals can be enabled to act on crossovers, optionally ignoring the Watch filter .
Watch conditions (colored squares) act as early recon and hint at possible upcoming trades.
Background color changes are “pre-signal warnings” and will repaint . Use them as leading signals, not gospel.
Want more trades? Loosen your filters .
Want sniper entries? Lock them down .
🌈 Candles and MAs: Visual Market Structure
Candles adapt in real-time to MA structure:
Green = bullish (above both fast/slow MAs)
Yellow = indecision (between)
Red = bearish (below both)
Buy/Sell signals override candles with bright orange and fuchsia —because subtlety doesn’t win wars .
You can also enable up to 8 customizable moving averages —great for confluence , trend confirmation , or just looking like a wizard .
🧠 Pro Usage Tips (TL;DR for Smart People):
Use tooltips in the settings menu —every toggle and slider is explained
Test timeframes until signal frequency and reliability match your goals
Adjust RSI cycle to reduce noise or speed up signals based on how frequently you trade
Tweak SuperTrend factor and ATR to fit volatility on your asset
Start with visual confirmation :
• Are watch signals lining up with trend zones?
• Are backgrounds firing before price moves?
• Are candle colors agreeing with signal direction?
📣 Alerts & Integration
Alerts are available for:
Buy/Sell entries (confirmed or advanced background)
Watch signals
Full band agreement (both Bollinger bands bullish or bearish)
Use these with webhook systems , bots , or your own trade journals .
Created by Sherlock Macgyver
Because sometimes the best trade…
is knowing exactly when not to take one.
OnePunch Algo Scalper V6Overview:
OnePunch Algo Scalper V6 is an invite-only script designed for short-term trend scalping and extreme reversal detection. It uniquely combines classic momentum and volume indicators, enhanced with multi-time session awareness, to deliver precise high-probability entry alerts.
Core Concepts:
RSI and CCI are used together to identify momentum exhaustion points for early reversal spotting.
CMF is integrated to filter buy signals only when volume flow confirms bullish intent, avoiding weak uptrends.
SMA overlays track medium to long-term trends to confirm direction bias for safer scalping entries.
MACD Histogram weakness detection adds a momentum weakening filter to confirm whether bullish/bearish pressure is losing strength — improving risk-reward setups.
Stochastic crossovers help predict short-term pullbacks, allowing for precision "Prepare for CALL/PUT" signals.
Session-based background coloring indicates high-probability trading windows (Morning, Midday, Afternoon), guiding users to focus on optimal times.
Signals Generated:
✅ "Trending Up": Momentum acceleration uptrend signal (RSI + CCI crossover with volume confirmation).
✅ "Trending Down": Momentum deceleration sell signal.
✅ "Reversal Up" / "Bearish Down": Extreme oversold/overbought reversals.
✅ "Prepare for PUTs/CALLs": Anticipation signals based on stochastic weakening + MACD histogram convergence.
Chart Setup:
The script draws clean shape labels on the chart for each event (e.g., "Up Trend", "Bearish") for clarity.
Background highlights show different sessions to help traders recognize the most liquid periods.
No other indicators are required on the chart.
Usage Notes:
This script is ideal for scalping or short intraday swing trades on liquid assets like indices, crypto, or forex.
Best results when combined with manual Support/Resistance marking (use "Prepare for PUTs/CALLs" near S/R zones).
Cointegration Buy and Sell Signals [EdgeTerminal]The Cointegration Buy And Sell Signals is a sophisticated technical analysis tool to spot high-probability market turning points — before they fully develop on price charts.
Most reversal indicators rely on raw price action, visual patterns, or basic and common indicator logic — which often suffer in noisy or trending markets. In most cases, they lag behind the actual change in trend and provide useless and late signals.
This indicator is rooted in advanced concepts from statistical arbitrage, mean reversion theory, and quantitative finance, and it packages these ideas in a user-friendly visual format that works on any timeframe and asset class.
It does this by analyzing how the short-term and long-term EMAs behave relative to each other — and uses statistical filters like Z-score, correlation, volatility normalization, and stationarity tests to issue highly selective Buy and Sell signals.
This tool provides statistical confirmation of trend exhaustion, allowing you to trade mean-reverting setups. It fades overextended moves and uses signal stacking to reduce false entries. The entire indicator is based on a very interesting mathematically grounded model which I will get into down below.
Here’s how the indicator works at a high level:
EMAs as Anchors: It starts with two Exponential Moving Averages (EMAs) — one short-term and one long-term — to track market direction.
Statistical Spread (Regression Residuals): It performs a rolling linear regression between the short and long EMA. Instead of using the raw difference (short - long), it calculates the regression residual, which better models their natural relationship.
Normalize the Spread: The spread is divided by historical price volatility (ATR) to make it scale-invariant. This ensures the indicator works on low-priced stocks, high-priced indices, and crypto alike.
Z-Score: It computes a Z-score of the normalized spread to measure how “extreme” the current deviation is from its historical average.
Dynamic Thresholds: Unlike most tools that use fixed thresholds (like Z = ±2), this one calculates dynamic thresholds using historical percentiles (e.g., top 10% and bottom 10%) so that it adapts to the asset's current behavior to reduce false signals based on market’s extreme volatility at a certain time.
Z-Score Momentum: It tracks the direction of the Z-score — if Z is extreme but still moving away from zero, it's too early. It waits for reversion to start (Z momentum flips).
Correlation Check: Uses a rolling Pearson correlation to confirm the two EMAs are still statistically related. If they diverge (low correlation), no signal is shown.
Stationarity Filter (ADF-like): Uses the volatility of the regression residual to determine if the spread is stationary (mean-reverting) — a key concept in cointegration and statistical arbitrage. It’s not possible to build an exact ADF filter in Pine Script so we used the next best thing.
Signal Control: Prevents noisy charts and overtrading by ensuring no back-to-back buy or sell signals. Each signal must alternate and respect a cooldown period so you won’t be overwhelmed and won’t get a messy chart.
Important Notes to Remember:
The whole idea behind this indicator is to try to use some stat arb models to detect shifting patterns faster than they appear on common indicators, so in some cases, some assumptions are made based on historic values.
This means that in some cases, the indicator can “jump” into the conclusion too quickly. Although we try to eliminate this by using stationary filters, correlation checks, and Z-score momentum detection, there is still a chance some signals that are generated can be too early, in the stock market, that's the same as being incorrect. So make sure to use this with other indicators to confirm the movement.
How To Use The Indicator:
You can use the indicator as a standalone reversal system, as a filter for overbought and oversold setups, in combination with other trend indicators and as a part of a signal stack with other common indicators for divergence spotting and fade trades.
The indicator produces simple buy and sell signals when all criteria is met. Based on our own testing, we recommend treating these signals as standalone and independent from each other . Meaning that if you take position after a buy signal, don’t wait for a sell signal to appear to exit the trade and vice versa.
This is why we recommend using this indicator with other advanced or even simple indicators as an early confirmation tool.
The Display Table:
The floating diagnostic table in the top-right corner of the chart is a key part of this indicator. It's a live statistical dashboard that helps you understand why a signal is (or isn’t) being triggered, and whether the market conditions are lining up for a potential reversal.
1. Z-Score
What it shows: The current Z-score value of the volatility-normalized spread between the short EMA and the regression line of the long EMA.
Why it matters: Z-score tells you how statistically extreme the current relationship is. A Z-score of:
0 = perfectly average
> +2 = very overbought
< -2 = very oversold
How to use it: Look for Z-score reaching extreme highs or lows (beyond dynamic thresholds). Watch for it to start reversing direction, especially when paired with green table rows (see below)
2. Z-Score Momentum
What it shows: The rate of change (ROC) of the Z-score:
Zmomentum=Zt − Zt − 1
Why it matters: This tells you if the Z-score is still stretching out (e.g., getting more overbought/oversold), or reverting back toward the mean.
How to use it: A positive Z-momentum after a very low Z-score = potential bullish reversal A negative Z-momentum after a very high Z-score = potential bearish reversal. Avoid signals when momentum is still pushing deeper into extremes
3. Correlation
What it shows: The rolling Pearson correlation coefficient between the short EMA and long EMA.
Why it matters: High correlation (closer to +1) means the EMAs are still statistically connected — a key requirement for cointegration or mean reversion to be valid.
How to use it: Look for correlation > 0.7 for reliable signals. If correlation drops below 0.5, ignore the Z-score — the EMAs aren’t moving together anymore
4. Stationary
What it shows: A simplified "Yes" or "No" answer to the question:
“Is the spread statistically stable (stationary) and mean-reverting right now?”
Why it matters: Mean reversion strategies only work when the spread is stationary — that is, when the distance between EMAs behaves like a rubber band, not a drifting cloud.
How to use it: A "Yes" means the indicator sees a consistent, stable spread — good for trading. "No" means the market is too volatile, disjointed, or chaotic for reliable mean reversion. Wait for this to flip to "Yes" before trusting signals
5. Last Signal
What it shows: The last signal issued by the system — either "Buy", "Sell", or "None"
Why it matters: Helps avoid confusion and repeated entries. Signals only alternate — you won’t get another Buy until a Sell happens, and vice versa.
How to use it: If the last signal was a "Buy", and you’re watching for a Sell, don’t act on more bullish signals. Great for systems where you only want one position open at a time
6. Bars Since Signal
What it shows: How many bars (candles) have passed since the last Buy or Sell signal.
Why it matters: Gives you context for how long the current condition has persisted
How to use it: If it says 1 or 2, a signal just happened — avoid jumping in late. If it’s been 10+ bars, a new opportunity might be brewing soon. You can use this to time exits if you want to fade a recent signal manually
Indicator Settings:
Short EMA: Sets the short-term EMA period. The smaller the number, the more reactive and more signals you get.
Long EMA: Sets the slow EMA period. The larger this number is, the smoother baseline, and more reliable trend bases are generated.
Z-Score Lookback: The period or bars used for mean & std deviation of spread between short and long EMAs. Larger values result in smoother signals with fewer false positives.
Volatility Window: This value normalizes the spread by historical volatility. This allows you to prevent scale distortion, showing you a cleaner and better chart.
Correlation Lookback: How many periods or how far back to test correlation between slow and long EMAs. This filters out false positives when EMAs lose alignment.
Hurst Lookback: The multiplier to approximate stationarity. Lower leads to more sensitivity to regime change, higher produces a more stricter filtering.
Z Threshold Percentile: This value sets how extreme Z-score must be to trigger a signal. For example, 90 equals only top/bottom 10% of extremes, 80 = more frequent.
Min Bars Between Signals: This hard stop prevents back-to-back signals. The idea is to avoid over-trading or whipsaws in volatile markets even when Hurst lookback and volatility window values are not enough to filter signals.
Some More Recommendations:
We recommend trying different EMA pairs (10/50, 21/100, 5/20) for different asset behaviors. You can set percentile to 85 or 80 if you want more frequent but looser signals. You can also use the Z-score reversion monitor for powerful confirmation.
Easy MA SignalsEasy MA Signals
Overview
Easy MA Signals is a versatile Pine Script indicator designed to help traders visualize moving average (MA) trends, generate buy/sell signals based on crossovers or custom price levels, and enhance chart analysis with volume-based candlestick coloring. Built with flexibility in mind, it supports multiple MA types, crossover options, and customizable signal appearances, making it suitable for traders of all levels. Whether you're a day trader, swing trader, or long-term investor, this indicator provides actionable insights while keeping your charts clean and intuitive.
Configure the Settings
The indicator is divided into three input groups for ease of use:
General Settings:
Candlestick Color Scheme: Choose from 10 volume-based color schemes (e.g., Sapphire Pulse, Emerald Spark) to highlight high/low volume candles. Select “None” for TradingView’s default colors.
Moving Average Length: Set the MA period (default: 20). Adjust for faster (lower values) or slower (higher values) signals.
Moving Average Type: Choose between SMA, EMA, or WMA (default: EMA).
Show Buy/Sell Signals: Enable/disable signal plotting (default: enabled).
Moving Average Crossover: Select a crossover type (e.g., MA vs VWAP, MA vs SMA50) for signals or “None” to disable.
Volume Influence: Adjust how volume impacts candlestick colors (default: 1.2). Higher values make thresholds stricter.
Signal Appearance Settings:
Buy/Sell Signal Shape: Choose shapes like triangles, arrows, or labels for signals.
Buy/Sell Signal Position: Place signals above or below bars.
Buy/Sell Signal Color: Customize colors for better visibility (default: green for buy, red for sell).
Custom Price Alerts:
Custom Buy/Sell Alert Price: Set specific price levels for alerts (default: 0, disabled). Enter a non-zero value to enable.
Set Up Alerts
To receive notifications (e.g., sound, popup, email) when signals or custom price levels are hit:
Click the Alert button (alarm clock icon) in TradingView.
Select Easy MA Signals as the condition and choose one of the four alert types:
MA Crossover Buy Alert: Triggers on MA crossover buy signals.
MA Crossover Sell Alert: Triggers on MA crossover sell signals.
Custom Buy Alert: Triggers when price crosses above the custom buy price.
Custom Sell Alert: Triggers when price crosses below the custom sell price.
Enable Play Sound and select a sound (e.g., “Bell”).
Set the frequency (e.g., Once Per Bar Close for confirmed signals) and create the alert.
Analyze the Chart
Moving Average Line: Displays the selected MA with color changes (green for bullish, red for bearish, gray for neutral) based on price position relative to the MA.
Buy/Sell Signals: Appear as shapes or labels when crossovers or custom price levels are hit.
Candlestick Colors: If a color scheme is selected, candles change color based on volume strength (high, low, or neutral), aiding in trend confirmation.
Why Use Easy MA Signals?
Easy MA Signals is designed to simplify technical analysis while offering advanced customization. It’s ideal for traders who want:
A clear visualization of MA trends and crossovers.
Flexible signal generation based on MA crossovers or custom price levels.
Volume-enhanced candlestick coloring to identify market strength.
Easy-to-use settings with tooltips for beginners and pros alike.
This script is particularly valuable because it combines multiple features into one indicator, reducing chart clutter and providing actionable insights without overwhelming the user.
Benefits of Easy MA Signals
Highly Customizable: Supports SMA, EMA, and WMA with adjustable lengths.
Offers multiple crossover options (VWAP, SMA10, SMA20, etc.) for tailored strategies.
Custom price alerts allow precise targeting of key levels.
Volume-Based Candlestick Coloring: 10 unique color schemes highlight volume strength, helping traders confirm trends.
Adjustable volume influence ensures adaptability to different markets.
Flexible Signal Visualization: Choose from various signal shapes (triangles, arrows, labels) and positions (above/below bars).
Customizable colors improve visibility on any chart background.
Alert Integration: Built-in alert conditions for crossovers and custom prices support sound, email, and app notifications.
Easy setup for real-time trading decisions.
User-Friendly Design: Organized input groups with clear tooltips make configuration intuitive.
Suitable for beginners and advanced traders alike.
Example Use Cases
Swing Trading with MA Crossovers:
Scenario: A trader wants to trade Bitcoin (BTC/USD) on a 4-hour chart using an EMA crossover strategy.
Setup:
Set Moving Average Type to EMA, Length to 20.
Set Moving Average Crossover to “MA vs SMA50”.
Enable Show Buy/Sell Signals and choose “arrowup” for buy, “arrowdown” for sell.
Select “Emerald Spark” for candlestick colors to highlight volume surges.
Usage: Buy when the EMA20 crosses above the SMA50 (green arrow appears) and volume is high (dark green candles). Sell when the EMA20 crosses below the SMA50 (red arrow). Set alerts for real-time notifications.
Scalping with Custom Price Alerts:
Scenario: A day trader monitors Tesla (TSLA) on a 5-minute chart and wants alerts at specific support/resistance levels.
Setup:
Set Custom Buy Alert Price to 150.00 (support) and Custom Sell Alert Price to 160.00 (resistance).
Use “labelup” for buy signals and “labeldown” for sell signals.
Keep Moving Average Crossover as “None” to focus on price alerts.
Usage: Receive a sound alert and label when TSLA crosses 150.00 (buy) or 160.00 (sell). Use volume-colored candles to confirm momentum before entering trades.
When NOT to Use Easy MA Signals
High-Frequency Trading: Reason: The indicator relies on moving averages and volume, which may lag in ultra-fast markets (e.g., sub-second trades). High-frequency traders may need specialized tools with real-time tick data.
Alternative: Use order book or market depth indicators for faster execution.
Low-Volatility or Sideways Markets:
Reason: MA crossovers and custom price alerts can generate false signals in choppy, range-bound markets, leading to whipsaws.
Alternative: Use oscillators like RSI or Bollinger Bands to trade within ranges.
This indicator is tailored more towards less experienced traders. And as always, paper trade until you are comfortable with how this works if you're unfamiliar with trading! We hope you enjoy this and have great success. Thanks for your interested in Easy MA Signals!
Bullish & Bearish Engulfing ProHello Traders!
Overview
The Bullish & Bearish Engulfing Pro indicator is a powerful pattern recognition tool that identifies key reversal points and trend continuation opportunities. These engulfing patterns often mark the beginning of a significant price move and are widely used in technical analysis. For example, in an uptrend, a Bullish Engulfing pattern can provide an ideal pullback entry signal.
This indicator combines traditional candlestick theory with advanced technical filters like trend direction and volatility analysis to offer traders precise, high-confidence signals.
Key Features :
Accurate pattern detection:
Uses refined algorithms to detect true Bullish and Bearish Engulfing patterns, filtering out noise and false positives.
Trend filter:
Customizable Simple Moving Average (SMA) ensures trades are aligned with the market’s broader trend, improving trade success rates.
Volatility awareness:
ATR-based filtering ensures that only statistically significant engulfing patterns are highlighted.
Visual clarity:
Bullish and Bearish Engulfing patterns are displayed with distinct, customizable colors and labels for instant recognition.
Flexible customization:
Users can adjust detection criteria, SMA settings, and visual options to suit their personal strategy.
Filtered signal display:
Option to visualize filtered-out signals to better understand how the logic makes its decisions.
Bullish Engulfing Pattern
Appears after a downtrend or during a pullback in an uptrend
Consists of two candles
A smaller bearish candle
Followed by a larger bullish candle that completely engulfs the previous body
Bearish Engulfing Pattern
Appears after an uptrend or during a pullback in a downtrend
Consists of two candles
A smaller bullish candle
Followed by a larger bearish candle that completely engulfs the previous body
Key differences in this implementation
What makes this indicator unique
Trend and volatility filters
Ensure patterns occur in meaningful market conditions
Comprehensive pattern analysis:
Factors in candle body ratios, wick sizes, and relative size to past candles for smarter detection
Adaptive to market conditions:
Dynamic thresholds based on ATR allow pattern recognition to adjust to different volatility regimes
Educational value:
Visualizing rejected patterns helps traders build intuition and refine their discretion
How to Trade with this Indicator
Engulfing patterns can signal strong reversals or pullback continuations. Use them with trend and volume confirmation to maximize their effectiveness.
snapshot
Bullish Opportunities:
Look for Bullish Engulfing patterns (aqua-colored candles and labels) during or after a pullback in an uptrend.
Bearish Opportunities:
Watch for Bearish Engulfing patterns (orange-colored candles and labels) during or after a rally in a downtrend.
Entry: Enter on the next bar open after the engulfing candle completes.
Stop loss: 2 ticks below/above the engulfing candle’s low/high.
Take profit: Aim for at least a 2R target, a swing high/low or manage the tradewith a trailing stop.
Trend Alignment:
For higher win probability, take trades only in the direction of the SMA-defined trend.
Note: To ensure the candle coloring appears correctly, place the indicator at the top of the object tree.
