UltraAlgoguy Toolkit [CuriousB]modified QuantVue GMMA Toolkit to change the moving average bands for UltraGuppy specs for Scott's Zone Traders Algoguy++ (courtesy Anthony Algoguy's updated specs)
bands are:
short term: 10-120 ema in 2 step increments
long term: 150-300 ema in 2 step increments
the oscillator shows:
trend strength in the distance away from the 0 line
compression or short term, long term and both indicating market consolidation possibly affecting reversal or continuation
band cross over
buy and sell signals
Centered Oscillators
RSI Strategy//@version=5
strategy("RSI Strategy", overlay=true, default_qty_type=strategy.percent_of_equity, default_qty_value=10)
// Configuración del RSI
rsiLength = 14
rsi = ta.rsi(close, rsiLength)
// Niveles de referencia
rsiLongLevel = 30
rsiShortLevel = 70
// Condiciones de entrada
longCondition = ta.crossover(rsi, rsiLongLevel)
shortCondition = ta.crossunder(rsi, rsiShortLevel)
// Parámetros de gestión de riesgo
stopLossRatio = 0.01 // 1% del precio de entrada
trailStopRatio = 0.005 // 0.5% de trailing stop
breakevenTrigger = 0.005 // 0.5% de movimiento a favor para activar breakeven
// Cálculo de Stop Loss y Take Profit
longStopLoss = close * (1 - stopLossRatio)
longTakeProfit = close * (1 + 2 * stopLossRatio)
shortStopLoss = close * (1 + stopLossRatio)
shortTakeProfit = close * (1 - 2 * stopLossRatio)
// Entrada en largo
if (longCondition)
strategy.entry("Long", strategy.long)
strategy.exit("TakeProfit", from_entry="Long", limit=longTakeProfit, stop=longStopLoss, trail_points=trailStopRatio * close, trail_offset=trailStopRatio * close)
// Entrada en corto
if (shortCondition)
strategy.entry("Short", strategy.short)
strategy.exit("TakeProfit", from_entry="Short", limit=shortTakeProfit, stop=shortStopLoss, trail_points=trailStopRatio * close, trail_offset=trailStopRatio * close)
// Mostrar RSI en el gráfico
rsiPlot = plot(rsi, title="RSI", color=color.blue)
hline(rsiLongLevel, "RSI 30", color=color.green)
hline(rsiShortLevel, "RSI 70", color=color.red)
Sine Swing OscillatorThe Sine Swing Oscillator (SSO) is a custom momentum indicator that transforms price movement into a sine-based oscillator ranging from -1 to +1. It does this by measuring the deviation of the current price from a reference price, which is updated at fixed bar intervals. The price deviation is normalized using the Average True Range (ATR) over the same interval, then mapped through a sine transformation to create a bounded oscillator. This transformation helps identify cyclical price behavior in a consistent range.
The resulting sine values are smoothed using a Simple Moving Average (SMA), and a signal line is derived by applying an Exponential Moving Average (EMA) to the smoothed oscillator. Traders can use signal line crossovers, or moves through the zero line, to help identify potential entry or exit signals based on cyclical momentum shifts.
The oscillator and signal line are plotted in a separate pane, with user-configurable smoothing lengths and colors. The zero line is also included for reference.
TEMA Pressure+DivergenceTEMA Divergence + Pressure indicators feature the best of both TEMA indicators in one indicator, providing effective management of your charts for the auxiliary TEMA studies which are crucial in the decision-making process of taking directional entries.
Both indicators combined offer a sense of strength and directionality of current conditions. 55 is an optimal lookback, although 28 can be used for faster response if preferred.
MACD-V with Volatility Normalisation [DCD]MACD-V with Volatility Normalisation
This indicator is a modified version of the traditional MACD, designed to account for market volatility by normalizing the MACD line using the Average True Range (ATR). It provides a more adaptive approach to identifying momentum shifts and potential trend reversals. This indicator was developed by Alex Spiroglou in this paper:
Spiroglou, Alex, MACD-V: Volatility Normalised Momentum (May 3, 2022).
Features:
Volatility Normalization: The MACD line is adjusted using ATR to standardize its values across different market conditions.
Customizable Parameters: Users can adjust the MACD fast length, slow length, signal line smoothing, and ATR length to suit their trading style.
Histogram Visualization: The histogram highlights the difference between the MACD and signal lines, with customizable colors for positive and negative momentum.
Crossover Signals: Green and red dots indicate bullish and bearish crossovers between the MACD and signal lines.
Background Highlighting: The chart background changes to green when the MACD is above 0 and red when it is below 0, providing a clear visual cue for bullish and bearish conditions.
Horizontal Levels: Dotted horizontal lines are plotted at key levels for better visualization of MACD values.
How to Use:
Look for crossovers between the MACD and signal lines to identify potential buy or sell signals.
Use the histogram to gauge the strength of momentum.
Pay attention to the background color for quick identification of bullish (green) or bearish (red) conditions.
This indicator is ideal for traders who want a more dynamic MACD that adapts to market volatility. Customize the settings to align with your trading strategy and timeframe.
Blue Dot Indicator (Dr. Wish Style)The blue dot is just telling you:
“The stock was oversold and is now bouncing (stochastic %K crossed above 20).”
That's it. It does not guarantee the bounce will continue—only that one might be starting.
So it should not be used alone to take entries.
📉 Why Earlier Blue Dots Failed in this chart before it succeeded -
In the chart (TG Therapeutics), earlier blue dots:
Happened during sideways consolidation
Had no follow-through volume or momentum
Were below or near flat moving averages
Had no breakout of prior swing highs
Hence, they were low-probability setups.
So what you should do -
Practical Rule You Can Try
✅ Only act on a blue dot when price closes above previous swing high, and is above rising 50 SMA or 21 EMA.
🛑 Avoid blue dots during consolidation or if price is below moving averages.
Parabolic RSI Strategy + MA Filter + TP/SL 【PakunFX】🧠 Parabolic RSI Strategy + MA Filter + TP/SL【PakunFX】
This strategy combines a **custom Parabolic SAR applied to the RSI** (momentum-based trend reversal detection) with a **price-based moving average filter** to create a clear and responsive trend-following system.
Additionally, it **automatically draws Take Profit (TP) and Stop Loss (SL) levels** on the chart based on a fixed risk-reward ratio, providing visual risk clarity and supporting consistent trade planning.
---
## 🔍 What This Script Does
**RSI-Based Trend Detection:**
A custom Parabolic SAR is applied to RSI rather than price, enabling detection of **momentum reversals** instead of just price swings.
**MA Directional Filter:**
Entries are filtered by a moving average (EMA or SMA). The strategy only allows trades **in the direction of the trend**—longs above the MA, shorts below.
**Auto-Drawn TP/SL Levels:**
Each trade includes auto-calculated TP and SL lines using a configurable risk-reward ratio (e.g., 2.0), helping traders maintain consistency and discipline.
**Clear Entry Triggers:**
Positions are opened **when the RSI-based Parabolic SAR flips direction**, but only if the price is on the correct side of the MA filter.
→ This ensures trades are made **at the moment of momentum shift**, but only **in the direction of the dominant trend**.
---
## 🧮 Core Logic Breakdown
✅ Entry Conditions
**Long Entry:**
RSI-based SAR flips below the RSI (bullish signal) **and** price is **above** the moving average.
**Short Entry:**
RSI-based SAR flips above the RSI (bearish signal) **and** price is **below** the moving average.
✅ Exit Conditions (Position Reversal)
When an opposite signal occurs, the current position is **closed immediately**, and a new one is **opened in the opposite direction**.
✅ TP / SL Setup
- SL is placed at a **virtual buffer distance** (e.g., 100 pips from entry).
- TP is calculated using the **risk-reward ratio** (e.g., 2.0 → TP at 200 pips if SL = 100).
→ Delivers consistent, risk-defined trades.
---
## 💰 Risk Management Parameters
**Asset / Timeframe:** Any (Backtested on 10-minute chart)
**Account Size (Virtual):** $3,000
**Commission:** 0.02% per trade
**Slippage Buffer:** Equivalent to 100 pips
**Risk Per Trade:** Approximately 5% of account balance
**Number of Trades (Backtest Period):** 125 trades
---
## 📈 Recommended Usage
**Timeframes:** 5m to 30m (scalping to intraday)
**Market Conditions:** Best in trending markets; responsive even in mild ranges
**Assets:** Forex pairs, Gold, WTI Crude, Indexes with volatility
**Discretionary Support:** Visual TP/SL allows for **pre-planned trades** and avoids impulsive decisions
---
## ⚠️ Notes & Considerations
Positions are reversed on opposite signals (no simultaneous longs & shorts).
Backtests do not include broker-specific execution factors—adjust for slippage and spreads if needed.
Strategy is **originally developed**, inspired by “ChartPrime's RSI Parabolic SAR” idea, but fully standalone.
---
## 🖼 Chart Visuals & Features
**MA Line (orange):** Shows trend direction
**TP Line (green dashed):** Take Profit visualization
**SL Line (red dashed):** Stop Loss boundary
**RSI-SAR Flip Points:** Highlight entry timing visually
---
## ✅ Summary
Parabolic RSI Strategy + MA Filter + TP/SL【PakunFX】 is a
“Momentum Detection × Trend Filtering × Exit Visualization” strategy designed for consistent, visually guided decision-making.
With clearly structured logic and visual aids, it serves both discretionary and systematic traders looking for a **momentum-aligned, risk-controlled approach**.
TUE ADX/MACD Confluence Strategy V1.0📈 TUE ADX/MACD Confluence Strategy with SL/TP & PineConnector Integration
This strategy is designed to capture trend-following entries using the ADX (Average Directional Index) and MACD (Moving Average Convergence Divergence) indicators, enhanced with built-in Stop Loss (SL) and Take Profit (TP) management. It is fully compatible with PineConnector, allowing for real-time trade automation on supported brokers via MT4/MT5.
🔍 Core Logic:
Entry Signals:
Long Entry: When +DI > -DI, MACD Line > Signal Line, and ADX confirms a strong trend.
Short Entry: When -DI > +DI, MACD Line < Signal Line, and ADX confirms a strong trend.
Risk Management:
Configurable Stop Loss and Take Profit percentages.
Exits are triggered when either SL or TP is hit.
Projections:
Visual SL/TP projection lines for each position.
Overlay:
Colored candles for visual trend confirmation.
Entry markers for quick signal recognition.
🔧 Customizable Inputs:
ADX & MACD lengths
SL/TP percentages
Candle coloring toggle
Signal visibility toggle
🟢 PineConnector Integration:
This strategy is ideal for use with PineConnector, enabling you to:
Execute trades in real time on your preferred broker.
Use it in live, paper, or demo trading environments.
Automate your strategy with zero coding — simply connect, authorize, and trade.
Swing Cloud Signal🟢 Swing Cloud Signal
📉📈 A custom indicator designed for swing trading — an extended version of the Scalp Cloud Signal, optimized for higher timeframes (H1 to 1D)
🧠 Concept:
This indicator is based on an EMA crossover system, applying two Exponential Moving Averages to detect broader trend phases in swing trading:
⚡ Fast EMA: period 21
🐢 Slow EMA: period 55
🎯 How it works:
✅ Bullish crossover (EMA 21 crosses above EMA 55) →
🌿 Green cloud = Bullish trend
🔼 A small bull triangle appears below the candle
❌ Bearish crossover (EMA 21 crosses below EMA 55) →
🍁 Red cloud = Bearish trend
🔽 A small bear triangle appears above the candle
📌 Good to know:
📍No auto buy/sell signals — visual tool only
📍Ideal for use with trendlines, RSI, or market structure
📍Cloud and signal arrows are plotted exactly at crossover moment
👣 Follow The Degen Company on Twitter and TradingView
📅 Released: May 2025
🔒 © 2025 The Degen Company — All rights reserved.
First Hour TrendThis indicator analyzes the first hour of trading to determine if the market is showing bullish, bearish, or neutral momentum. By default, it's configured for regular US market hours (9:30-10:30 AM ET), but can be customized for any market session. It's based on the "Opening Candle Continuation" strategy, which has shown strong predictive power for daily market direction based on first hour performance.
New Momentum H/LNew Momentum H/L shows when momentum, defined as the rate of price change over time, exceeds the highest or lowest values observed over a user-defined period. These events shows points where momentum reaches new extremes relative to that period, and the indicator plots a column to mark each occurrence.
Increase in momentum could indicate the start of a trend phase from a low volatile or balanced state. However in developed trends, extreme momentum could also mark potential climaxes which can lead to trend termination. This reflects the dual nature of the component.
This indicator is based on the MACD calculated as the difference between a 3-period and a 10-period simple moving average. New highs are indicated when this value exceeds all previous values within the lookback window; new lows when it drops below all previous values. The default lookback period is set to 40 bars, which corresponds with two months on a daily chart.
The indicator also computes a z-score of the MACD line over the past 100 bars. This standardization helps compare momentum across different periods and normalizes the values of current moves relative to recent history.
In practice, use the indicator to confirm presence of momentum at the start of a move from a balanced state (often following a volatility expansion), track how momentum develops inside of a trend structure and locate potential climactic events.
Momentum should in preference be interpreted from price movement. However, to measure and standardize provides structure and helps build more consistent models. This should be used in context of price structure and broader market conditions; as all other tools.
BELOTTO SCALPER Buy/Sell- A combination of volume + simple averages (fast and long) will determine the direction of the current trend and give buy and sell signals while in trend and/or when the trend changes.
- An optional filter using the convergence and divergence of moving averages can be activated to filter out "false" signals.
- The calculation does not request data of a resolution higher or lower than the resolution of the main chart symbol.
However, the filter function does request if another resolution is chosen for the filter.
- Persistent variables are used for bid and ask prices, allowing color coding of the signal.
Price OI Division Price OI Division Indicator
Overview
The Price OI Division indicator (`P_OI_D`) is a custom TradingView script designed to analyze the relationship between price momentum and open interest (OI) momentum. It visualizes the divergence between these two metrics using a modified MACD (Moving Average Convergence Divergence) approach, normalized to percentage values. The indicator is plotted as a histogram and two lines (MACD and Signal), with color-coded signals for easier interpretation.
Key Features
- Normalized Price MACD : Compares short-term and long-term price momentum.
- OI-Adjusted MACD : Incorporates open interest data to reflect market positioning.
- Divergence Histogram : Highlights the difference between price and OI momentum.
- Signal Line : Smoothed EMA of the divergence for trend confirmation.
- Threshold Lines : Horizontal reference lines at ±10% and 0 for quick visual analysis.
Interpretation Guide
- Bullish Signal :
Histogram turns red (positive & increasing).
MACD (red line) crosses above Signal (blue line).
Divergence above +10% indicates extreme bullish conditions.
- Bearish Signal :
Histogram turns green (negative & increasing).
MACD (lime line) crosses below Signal (maroon line).
Divergence below -10% indicates extreme bearish conditions.
- Neutral/Reversal :
Histogram fading (teal/pink) suggests weakening momentum.
Crossings near the Zero Line may signal trend shifts.
Usage Notes
Asset Compatibility : Works best with futures/perpetual contracts where OI data is available.
Timeframe : Suitable for all timeframes, but align `fastLength`/`slowLength` with your strategy.
Data Limitations : Relies on exchange-specific OI symbols (e.g., `BTC:USDT.P_OI`). Verify data availability for your asset.
Confirmation : Pair with volume analysis or support/resistance levels for higher accuracy.
Disclaimer
This indicator is for educational purposes only. Trading decisions should not be based solely on this tool. Always validate signals with additional analysis and risk management.
Dual-Phase Trend Regime Oscillator (Zeiierman)█ Overview
Trend Regime: Dual-Phase Oscillator (Zeiierman) is a volatility-sensitive trend classification tool that dynamically switches between two oscillators, one optimized for low volatility, the other for high volatility.
By analyzing standard deviation-based volatility states and applying correlation-derived oscillators, this indicator reveals not only whether the market is trending but also what kind of trend regime it is in —Bullish or Bearish —and how that regime reacts to market volatility.
█ Its Uniqueness
Most trend indicators assume a static market environment; they don't adjust their logic when the underlying volatility shifts. That often leads to false signals in choppy conditions or late entries in trending phases.
Trend Regime: Dual-Phase Oscillator solves this by introducing volatility-aware adaptability. It switches between a slow, stable oscillator in calm markets and a fast, reactive oscillator in volatile ones, ensuring the right sensitivity at the right time.
█ How It Works
⚪ Volatility State Engine
Calculates returns-based volatility using standard deviation of price change
Smooths the current volatility with a moving average
Builds a volatility history window and performs median clustering to determine typical "Low" and "High" volatility zones
Dynamically assigns the chart to one of two internal volatility regimes: Low or High
⚪ Dual Oscillators
In Low Volatility, it uses a Slow Trend Oscillator (longer lookback, smoother)
In High Volatility, it switches to a Fast Trend Oscillator (shorter lookback, responsive)
Both oscillators use price-time correlation as a measure of directional strength
The output is normalized between 0 and 1, allowing for consistent interpretation
⚪ Trend Regime Classification
The active oscillator is compared to a neutral threshold (0.5)
If above: Bullish Regime, if below: Bearish Regime, else: Neutral
The background and markers update to reflect regime changes visually
Triangle markers highlight bullish/bearish regime shifts
█ How to Use
⚪ Identify Current Trend Regime
Use the background color and chart table to immediately recognize whether the market is trending up or down.
⚪ Trade Regime Shifts
Use triangle markers (▲ / ▼) to spot fresh regime entries, which are ideal for confirming breakouts within trends.
⚪ Pullback Trading
Look for pullbacks when the trend is in a stable condition and the slow oscillator remains consistently near the upper or lower threshold. Watch for moments when the fast oscillator retraces back toward the midline, or slightly above/below it — this often signals a potential pullback entry in the direction of the prevailing trend.
█ Settings Explained
Length (Slow Trend Oscillator) – Used in calm conditions. Longer = smoother signals
Length (Fast Trend Oscillator) – Used in volatile conditions. Shorter = more responsive
Volatility Refit Interval – Controls how often the system recalculates Low/High volatility levels
Current Volatility Period – Lookback used for immediate volatility measurement
Volatility Smoothing Length – Applies an SMA to the raw volatility to reduce noise
-----------------
Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
15-Min Candlestick StrategyThis strategy combines the MACD (Moving Average Convergence Divergence) indicator with the 200 EMA (Exponential Moving Average) to identify trend-confirmed entry signals on the 15-minute timeframe.
📊 Logic:
The 200 EMA acts as a trend filter:
Only long trades are taken when price is above the EMA
Only short trades are taken when price is below the EMA
MACD crossovers provide the trade signals:
Bullish crossover (MACD crosses above Signal) = Long entry (if above 200 EMA)
Bearish crossover (MACD crosses below Signal) = Short entry (if below 200 EMA)
Trades are exited when the MACD crosses in the opposite direction or price closes on the wrong side of the 200 EMA.
✅ Features:
Simple trend-following logic with momentum confirmation
Works on any asset (Forex, Crypto, Stocks) and optimized for 15m charts
Backtestable and compatible with PineConnector for live algo trading
Ideal for traders seeking a clean and effective MACD-based strategy that avoids counter-trend setups.
AP_Ultimate CCI MTF v5**AP Ultimate CCI Multi-Timeframe Indicator**
*Track Commodity Channel Index trends across multiple timeframes in one view!*
**Overview:**
Adapted from ChrisMoody's popular RSI MTF concept, this enhanced version brings powerful multi-timeframe analysis to the CCI indicator. Perfect for traders who want to confirm trends across different time horizons without switching charts.
**Key Features:**
📈 **Dual CCI Analysis**
- Primary CCI (Default: 1H) + Secondary CCI (Default: 4H)
- Fully customizable timeframes for both indicators
- Independent length settings (14-50 periods recommended)
🚦 **Visual Trading Signals**
- Automatic Buy/Sell markers on crossovers
- 🟢 **B** Signals: When CCI crosses above -100 (Oversold reversal)
- 🔴 **S** Signals: When CCI crosses below +100 (Overbought reversal)
- Clean triangular markers at chart edges for clear visibility
🎨 **Customizable Visuals**
- Adjustable overbought/oversold levels (Default: ±100)
- Background highlights for extreme zones
- Modern color schemes with transparency control
- Optional zero line display
⚙️ **Technical Specs**
- Built in Pine Script v6
- Non-repainting calculations
- Timeframe-aware alerts support
- Optimized for all asset classes
**How to Use (my use case):**
1. Apply to 15M-4H charts for intraday trading
2. Default setup: Compare 1H vs 4H CCI
3. Look for confluence between timeframes:
- Strong trend = Both CCIs moving in same direction
- Reversal signal = Crossovers with volume confirmation
4. Combine with price action or support/resistance
**Why this Indicator:**
✅ Eliminates manual timeframe switching
✅ Identifies hidden divergences between time horizons
✅ Works equally well for stocks, forex, and crypto
✅ Perfect for momentum and mean-reversion strategies
*Pro Tip: Pair with volume indicators and moving averages for enhanced confirmation!*
Scalp Cloud Signal🟢 Scalp Cloud Signal
📉📈 A custom indicator specially designed for scalping in lower timeframes (M5 to H1 max)
🧠 Concept:
Scalp Cloud Signal uses two Exponential Moving Averages (EMAs) to detect short-term trend shifts:
⚡ Fast EMA: period 5
🐢 Slow EMA: period 13
🎯 How it works:
✅ Bullish crossover (fast EMA crosses above slow EMA) →
🌿 Displays a green cloud = Bullish trend
🔼 A small bull triangle appears below the candle
❌ Bearish crossover (fast EMA crosses below slow EMA) →
🍁 Displays a red cloud = Bearish trend
🔽 A small bear triangle appears above the candle
📌 Good to know:
📍This indicator does not provide automated buy/sell signals — it is intended to enhance trend
readability
📍Can be used in confluence with other tools (e.g. RSI, price action…) for better entries
📍Visual signals are plotted exactly at the crossover moment
ULT MACD BUY AND SELLMACD indicator with BUY and SELL alert.
Setting have been set for best day trading performance.
USE the BUY and SELL signals for ALERTS.
BUY SIGNAL WORKS PERFECT. SELL SIGNAL IS USUALLY FOR SHORT, DON"T END EXIT ON SELL.
MACD Multi-Timeframe x4 (Custom Params)■About this indicator
・This indicator can display 4 MACD lines for different time frames. (Multi-time framework)
・The color of the MACD line changes when the MACD has a golden or dead cross.
All MACDs can be set individually for long time period, short time period, and signal smoothing.
All MACDs can show/hide MACD lines, signal lines, histograms, and select colors.
■Explanation of effective usage
By displaying MACDs in multiple time frames, you can time the push.
For example, let's say you have three MACDs: one weekly, one daily, and one hour.
With the weekly and daily MACDs continuing to golden cross, the timing for the hourly MACD to golden cross is considered a push opportunity.
An example chart is attached below for your reference.
The area circled vertically is a push-buying opportunity.
Yellow-green: Weekly Green: Daily Light blue: Hourly
-------------------------------------------------------------------------------------------------------------
■このインジケーターについて
・このインジケーターは別の時間軸の4本のMACDを表示させることが出来ます。（マルチタイムフレームワーク）
・MACDがゴールデンクロス・デッドクロスした場合にMACDラインの色が変化します。
・全てのMACDについて個別に長期の期間・短期の期間・シグナルの平滑化を設定できます。
・全てのMACDはMACDライン・シグナルライン・ヒストグラムの表示/非表示、色の選択ができます。
■有効な使い方の説明
マルチタイムフレームでMACDを表示することで、押し目のタイミングを計ることが出来ます。
例えば、3本のMACDを1週間・1日・1時間とします。
週足と日足のMACDがゴールデンクロスを継続した状態で、1時間足のMACDがゴールデンクロスしてくるタイミングは押し目買いのチャンスと考えられます。
以下に例題のチャートを付けますので、参考にしてください。
縦に囲った辺りが押し目買いのチャンスになります。
黄緑：週足 緑：日足 水色：1時間足
GLB Breakout IndicatorWhat is a Green Line Breakout (GLB)?
A GLB happens when a stock breaks above its previous all-time high that was standing for at least 3 months (or more).
A Green Line is drawn at that previous high price.
When the stock closes above that Green Line, it's called a breakout.
For the breakout to be successful, the stock should stay above that green line (the breakout price) in the following days/weeks.
How to Understand It in Your Charts:
ADMA:
The Green Line was at 23.64 (previous high).
Now it has closed above it at 24.51.
It must stay above 23.64 to confirm that it’s a successful breakout.
TTWO:
TTWO had a Green Line at around 214.91.
It broke above it and is now (29 Apr 2025) at 225.55, holding well above the Green Line.
This is a positive sign — buyers are supporting it after the breakout.
Advanced MACD Strategy (EURUSD 5min)This is an advanced MACD-based trading strategy designed specifically for the EURUSD forex pair on the 5-minute timeframe. It combines traditional MACD crossovers with powerful trend, momentum, volume, and volatility filters to increase trade quality and reduce false signals.
Key Features:
MACD Cross + Histogram Confirmation:
Entries occur only when MACD line crosses the Signal line with supporting momentum from the MACD histogram.
200 EMA Trend Filter:
Trades are allowed only in the direction of the dominant market trend (above EMA for longs, below EMA for shorts).
Volume Filter:
Ensures entries only happen when volume is above its 20-period average, helping avoid illiquid market conditions.
ATR-Based Dynamic Risk Management:
Stop-loss set at 1× ATR from entry price.
Take-profit set at 2× ATR from entry price.
Emergency exits are triggered after 4 hours if neither TP nor SL is hit.
Trading Hours Filter:
Trades are only allowed between 01:00 and 22:00 UTC to avoid low-liquidity periods.
Fully Adjustable Inputs:
All key parameters (MACD settings, EMA length, volume lookback, ATR multipliers, session hours) can be optimized for individual preferences.
Best Use:
Ideal for active traders who prefer high-frequency trading styles.
Designed for automated execution and easy integration with external bots (such as PineConnector ).
Works best during London and New York trading sessions due to higher liquidity.
Disclaimer:
Past performance does not guarantee future results. Always backtest and forward-test on demo accounts before trading live capital. Trading forex involves substantial risk.
Z-Score IndicatorSimple z-score, updated for Pinescriptv6.
Default lookback is 20 period. Default overbought = 2, default oversold =-2
