Mulakan

Educational

Candle OpenDescription: The Candle Open indicator automatically plots horizontal lines at the opening price of user-defined times throughout the trading day. Supports up to 7 customizable times, each with independent color, line style, and visibility controls. Flexible time input (e.g., 09:15, 915, noon, midnight). Lines extend from the selected time to the current candle, with optional labels. Option to remove lines from previous days for a clean chart. Global controls for line width and label size. Works across different time zones. Disclaimer: This indicator is for educational and informational purposes only. It does not provide financial advice or trading signals. The author is not responsible for any trades, losses, or decisions made based on the use of this tool. Always do your own research and trade at your own risk.
Penunjuk Pine Script®
oleh Pinnacle_Trader
SulLaLuna — HTF M2 x Ultimate BB (Fusion) 🌕 **SulLaLuna — HTF M2 x Ultimate BB (Fusion)** 🚀💵 **By SulLaLuna Trading** (Portions of the Bollinger Band logic adapted with permission/credit from the *Ultimate Buy & Sell Indicator* by its original author — thank you for the brilliance!) --- 🧭 **What This Is** This is not just another price-following tool. This is **a macro liquidity detector** — a **Daily Higher Timeframe Hull Moving Average of the Global M2 Money Supply**, smoothed via lower timeframe candles (default 5m, 48 Hull length), overlaid with **Ultimate-style double Bollinger Bands** to reveal *over-extension & mean reversion zones*. It doesn’t chase candles. It watches the tides beneath the market — the **money supply currents** that have a **direct correlation** to asset price behavior. When liquidity expands → risk-on assets tend to rise. When liquidity contracts → risk-off waves hit. We ride those waves. --- 🔍 **What It Does** * **Tracks Global M2** across major economies, FX-adjusted, and scales it to your chart’s price. * **HTF Hull MA** (Daily, smoothed via 5m base) → gives you the macro liquidity trend. * **Ultimate BB logic** applied to the HTF M2 Hull → inner/outer bands for volatility envelopes. * **Pivot Labels** → ideal entry/exit zones on macro turns. * **Over-Extension Alerts** → when HTF M2 Hull pushes outside the outer bands. * **Re-Entry Alerts** → mean reversion triggers when liquidity moves back inside the range. * **Background Paint** from chart TF M2 slope → for confluence on your entry timeframe. --- 📜 **Suggested How-To** 1. **Choose your execution chart** — e.g., 1–15m for scalps, 1H–4H for swings. 2. **Use the background paint** as your *local tide check* (chart TF M2 slope). 3. **Trade in the direction of the HTF M2 Hull** — green line = liquidity rising, red line = liquidity falling. 4. **Watch pivot labels** — these are potential “macro inflection” points. 5. **Confluence stack** — pair with ZLSMA, WaveTrend divergences, VWAP volume, or your favorite price-action setups. 6. **Size down** when HTF M2 Hull is flat/gray (chop zone). 7. **Scale in/out** on over-extension + re-entry alerts for higher probability swings. --- ⚠️ **Important Note** This indicator **does not predict price** — it tracks macro liquidity flows that *influence* price. Think of it as your market’s **tide chart**: when the water’s coming in, you can swim out; when it’s going out, you’d better be ready for the undertow. --- 📢 **Alerts Available** * HTF Pivot HIGH / LOW * Over-Extension (HTF Hull outside outer BB) * Re-Entry (return from overbought/oversold) --- 🤝 **Join the SulLaLuna Tribe** If this indicator helps you capture better entries, follow & share so more traders can learn to trade *math, not emotion*. We rise together — **and we’ll meet you on the Moon** 🌕🚀💵.
Penunjuk Pine Script®
oleh Calzolaio
Unmitigated Imbalances [TakingProphets] (High Timeframe)Unmitigated Imbalances Unmitigated Imbalance is designed to automatically detect and display active Fair Value Gaps (FVGs) across multiple higher timeframes and your current chart. It only keeps the ones that remain unmitigated, helping you clearly see where price has “unfinished business” and potential liquidity draw areas. The tool extends these levels forward until they are tagged according to your chosen mitigation criteria, then removes them automatically. The indicator uses the classic 3-bar FVG structure: – Bearish FVG forms when the low of the third candle back is above the high of the first candle. – Bullish FVG forms when the high of the third candle back is below the low of the first candle. – Each detected gap must meet a minimum size threshold, which is determined automatically from the Sensitivity setting and adjusted for the symbol type. Higher timeframes (up to 4) can be plotted simultaneously with your current chart’s gaps. The script merges overlapping levels from different timeframes into one clean label, showing all the contributing timeframes together (for example: M15 + H1 + H4). This makes it easy to spot high-confluence levels without cluttering your chart. Key features – Multi-timeframe detection: up to 4 custom HTFs plus your current chart. – Automatic gap size filtering based on chosen Sensitivity (High, Medium, Low). – Choice of Wick or Close-based mitigation logic. – Lookback control: 1 Day, 1 Week, 1 Month, or Max. – Combined labels for overlapping gaps with clear timeframe tags. – Separate color and style settings for each timeframe’s bullish and bearish gaps. – Labels can be positioned Left, Right, or Center Above for maximum clarity. – Automatic line extension until mitigation or until they exceed the lookback period. How to use Select your desired higher timeframes in the HTF1–HTF4 settings. Choose the Sensitivity level to control the minimum gap size detected. Decide on Wick or Close mitigation according to your trading rules. Use the Lookback setting to limit how far back the script checks for gaps. Watch for levels where multiple timeframe labels are stacked — these can carry greater significance. Incorporate the levels into your existing strategy, using them as context rather than entry signals. Practical notes – Current timeframe gaps reset each trading day to keep the chart relevant to intraday bias. – Higher timeframe gaps remain until mitigated or until the lookback period expires. – Large lookback periods with multiple HTFs can increase chart load — adjust settings as needed. – This indicator is a mapping and context tool, not a signal generator. Always apply it alongside your own analysis.
Penunjuk Pine Script®
oleh TakingProphets
Bharat Jhunjhunwala - RSI Cross Trading SignalRSI Crossover Indicator This custom indicator uses the Relative Strength Index (RSI) to generate precise buy and sell signals based on momentum shifts. The strategy works as follows: Buy Signal: Triggered when: The Daily RSI is above 50, indicating bullish market conditions. The Hourly RSI crosses above 70, signaling a strong upward momentum. Sell Signal: Triggered when: The Daily RSI is below 50, indicating bearish market conditions. The Hourly RSI crosses below 30, signaling potential downward momentum. The indicator plots green up arrows for buy signals and red down arrows for sell signals, making it ideal for traders looking to trade momentum shifts with clarity.
Penunjuk Pine Script®
oleh BharatJhunjhunwala
Shubh Labh - Buy Sell Signal IndicatorThe Signal created from this Indicator is merely for educational and informational purposes. Should you decide to act upon the signals posted from this Indicator, you do so at your own risk. While the Indicator has been created & the outcome has been verified to the best of our abilities, we cannot guarantee that there are no mistakes or errors. It is not intended as a substitute for professional advice. Please seek the professional advise before taking any trading / investment decision.
Penunjuk Pine Script®
oleh ShubhLabhFinserve
Minimal S/R Zones with Volume StrengthHow it works Pivot Detection A pivot high is a candle whose high is greater than the highs of a certain number of candles before and after it. A pivot low is a candle whose low is lower than the lows of a certain number of candles before and after it. Parameters like Pivot Left Bars and Pivot Right Bars control how sensitive the pivots are. Zone Creation Pivot High → creates a Resistance zone. Pivot Low → creates a Support zone. Each zone is defined as a price range (top and bottom) and drawn horizontally for a given lookback length. Volume Strength Filter Volume Strength (%) = (Volume at Pivot / Volume SMA) × 100. If the strength is below the minimum threshold (Min Strength %), the zone is ignored. This ensures only pivots with significant trading activity create zones. Zone Management The indicator stores zones in arrays. Max Zones per side prevents too many zones from being displayed at once. Older zones are removed when new ones are added beyond the limit. Visuals Support zones → green label with Volume Strength %. Resistance zones → red label with Volume Strength %. Zones have semi-transparent boxes so price action remains visible.
Penunjuk Pine Script®
oleh tai239
Signal Stack MeterWhat it is A lightweight “go or no‑go” meter that combines your manual read of Structure, Location, and Momentum with automatic context from volatility and macro timing. It surfaces a single, tradeable answer on the chart: OK to engage or Standby. Why traders like it You keep your discretion and nuance, and the meter adds guardrails. It prevents good trade ideas from being executed in the wrong conditions. What it measures Manual buckets you set each day: Structure, Location, Momentum from 0 to 2 Volatility from VIX, term structure, ATR 5 over 60, and session gaps Time windows for CPI, NFP, and FOMC with ET inputs and an exchange‑offset Total score and a simple gate: threshold plus a “strong bucket” rule you choose How to use in 30 seconds Pick a preset for your market. Set Structure, Location, Momentum to 0, 1, or 2. Leave defaults for the auto metrics while you get a feel. Read the header. When it says OK to engage, you have both your read and the context. Defaults we recommend OK threshold: 5 Strong bucket rule: Either Structure or Location equals 2 VIX triggers: 22 and 1.25× the 20‑SMA Term mode: Diff at 0.00 tolerance. Ratio mode at 1.00+ is available ATR 5/60 defense: 1.25. Offense cue: 0.85 or lower ATR smoothing: 1 Gap mode: RTH with 0.60× ATR5 wild gap. ON wild range at 0.80× ATR5 CPI window 08:25 to 08:40 ET. FOMC window 13:50 to 14:30 ET ET to exchange offset: −60 for CME index futures. Set to 0 for NYSE symbols like SPY Alert cadence: Once per RTH session. Snooze first 30 minutes optional New since the last description Parity with Defense Mode for presets, sessions, ratio vs diff term mode, ATR smoothing, RTH‑key cadence, and snooze options Event windows in ET with a simple offset to your exchange time Alternate row backgrounds and full color control for readability Exposed series for automation: EngageOK(1=yes) plus TotalScore Debug toggle to see ATR ratio, term, and gap measurements directly Notes Dynamic alerts require “Any alert() function call”. The meter is designed to sit opposite Defense Mode on the chart. Use the position input to avoid overlap.
Penunjuk Pine Script®
oleh Uplift32
ECG chart - mauricioofsousaMGO Primary – Matriz Gráficos ON The Blockchain of Trading applied to price behavior The MGO Primary is the foundation of Matriz Gráficos ON — an advanced graphical methodology that transforms market movement into a logical, predictable, and objective sequence, inspired by blockchain architecture and periodic oscillatory phenomena. This indicator replaces emotional candlestick reading with a mathematical interpretation of price blocks, cycles, and frequency. Its mission is to eliminate noise, anticipate reversals, and clearly show where capital is entering or exiting the market. What MGO Primary detects: Oscillatory phenomena that reveal the true behavior of orders in the book: RPA – Breakout of Bullish Pivot RPB – Breakout of Bearish Pivot RBA – Sharp Bullish Breakout RBB – Sharp Bearish Breakout Rhythmic patterns that repeat in medium timeframes (especially on 12H and 4H) Wave and block frequency, highlighting critical entry and exit zones Validation through Primary and Secondary RSI, measuring the real strength behind movements Who is this indicator for: Traders seeking statistical clarity and visual logic Operators who want to escape the subjectivity of candlesticks Anyone who values technical precision with operational discipline Recommended use: Ideal timeframes: 12H (high precision) and 4H (moderate intensity) Recommended assets: indices (e.g., NASDAQ), liquid stocks, and futures Combine with: structured risk management and macro context analysis Real-world performance: The MGO12H achieved a 92% accuracy rate in 2025 on the NASDAQ, outperforming the average performance of major global quantitative strategies, with a net score of over 6,200 points for the year.
Penunjuk Pine Script®
oleh mauricio_of_sousa
Risk Appetite IndexWhat This Indicator Does The Risk Appetite Index measures market participants' willingness to take risk by analyzing multiple market factors. This indicator attempts to provide insights into overall market sentiment by combining information from different market segments into a single composite measure. How It Works The indicator uses a multi-factor approach that examines various aspects of market behavior including equity market conditions, interest rate environments, credit markets, volatility patterns, and other relevant market data. These factors are processed and combined to create a composite reading on a 0-100 scale. Theoretical Foundation The methodology is grounded in established financial theories including Modern Portfolio Theory principles for risk assessment, behavioral finance concepts regarding market sentiment cycles, and factor investing approaches for multi-dimensional market analysis. The indicator incorporates insights from academic research on market microstructure, volatility clustering phenomena, and cross-asset correlation patterns during different market regimes. The approach draws from research on fear and greed cycles in financial markets, term structure modeling, and credit risk assessment methodologies. Statistical techniques employed include robust normalization methods and composite index construction principles established in econometric literature. The methodology employs statistical techniques to normalize the different market inputs and reduce the impact of extreme values. The final output aims to reflect the general level of risk appetite present in financial markets. Signal Interpretation Values above 60 may suggest higher risk appetite conditions in markets. Values below 30 may indicate lower risk appetite environments. The 30-60 range represents neutral or mixed conditions where market sentiment may be unclear. The indicator includes threshold levels that may help identify potential changes in market conditions. However, like all technical indicators, these levels should be considered as potential reference points rather than definitive signals. Research Context The approach builds upon established sentiment measurement methodologies documented in financial literature, including studies on VIX-based fear indicators, credit spread analysis, yield curve interpretation, and cross-asset momentum research. The multi-factor design reflects principles from academic research on composite economic indicators and systematic risk assessment frameworks used by central banks and institutional investors. The threshold-based signal generation follows established precedents in quantitative finance research regarding regime detection and market state classification methodologies documented in institutional portfolio management literature. Key Features Analytics Dashboard: Displays real-time information about current readings, market regime assessment, and signal quality indicators. Visual Tools: Multiple color schemes and background options to help visualize current market conditions and trends. Alert System: Optional alerts for threshold crossings and regime changes to help monitor market conditions. Quality Assessment: Built-in filters attempt to distinguish between higher and lower confidence readings based on data quality and market conditions. How to Use This indicator is designed to be used on daily timeframes and displays in a separate panel below the main chart. It works best when used as part of a comprehensive market analysis approach rather than as a standalone trading tool. The dashboard provides additional context about current readings and may help users understand the quality and reliability of current signals. Users should consider multiple factors and conduct their own analysis when making trading decisions. Important Considerations This indicator is designed for educational and analytical purposes. It does not guarantee profitable trading results and should not be used as the sole basis for trading decisions. Market conditions can change rapidly and unpredictably. Past behavior of any indicator does not predict future market movements. All trading involves substantial risk and may not be suitable for all investors. The indicator's effectiveness may vary across different market environments and conditions. Users should consider their own risk tolerance and investment objectives when using any analytical tool. Data Limitations The indicator relies on multiple external data sources and may be affected by data quality, market holidays, or limited trading hours. Performance may vary during unusual market conditions or structural changes in financial markets. Like all quantitative models, this indicator has inherent limitations and may not capture all relevant market factors or unprecedented market events. Intended Use This indicator may be useful for traders and analysts seeking additional tools for market sentiment analysis. It is designed for those who want to incorporate multiple market factors into their decision-making process. Academic Research Foundation The development approach incorporates established research methodologies from quantitative finance literature. Key theoretical frameworks include: Factor Models: Based on research into multi-factor asset pricing models and their application to portfolio construction and risk management practices developed in academic finance literature. Behavioral Finance: Incorporates findings from behavioral economics research on market anomalies, investor psychology, and sentiment-driven market movements as documented in financial psychology studies. Market Microstructure: Utilizes principles from market microstructure research regarding information flow, price discovery mechanisms, and cross-market relationships established in institutional finance literature. Risk Management: Built upon established risk measurement frameworks including Value at Risk methodologies, stress testing approaches, and systematic risk assessment techniques documented in risk management research. Econometric Methods: Employs statistical techniques based on time series analysis, robust estimation methods, and composite index construction principles established in econometric literature and central bank research methodologies. The proprietary methodology combines various market inputs in an attempt to provide insights into overall risk appetite trends, though results may vary and should always be considered alongside other forms of analysis. Risk Warnings Past performance does not guarantee future results. All trading involves substantial risk of loss. This indicator does not eliminate market risk and should be used as part of a comprehensive trading plan. Market conditions can change rapidly and unexpectedly. No indicator is accurate in all market conditions. Technical Requirements Optimal use on daily charts with TradingView Pro or higher for real-time data access. Designed primarily for US equity market analysis during regular trading hours. Note: This is a closed-source indicator with proprietary calculation methods designed to maintain effectiveness and provide users with a unique analytical tool.
Penunjuk Pine Script®
oleh EdgeTools
2
TSI Indicator with Trailing StopAuthor: ProfitGang Type: Indicator (visual + alerts). No orders are executed. What it does This tool combines the True Strength Index (TSI) with a simple tick-based trailing stop visualizer. It plots buy/sell markers from a TSI cross with momentum confirmation and, if enabled, draws a trailing stop line that “ratchets” in your favor. It also shows a compact info table (position state, entry price, trailing status, and unrealized ticks). Signal logic (summary) TSI is computed with double EMA smoothing (user lengths). Signals: Buy when TSI crosses above its signal line and momentum (TSI–Signal histogram) improves, with TSI above your Buy Threshold. Sell when TSI crosses below its signal line and momentum weakens, with TSI below your Sell Threshold. Confirmation: Optional “Confirm on bar close” setting evaluates signals on closed bars to reduce repaint risk. Trailing stop (visual only) Units are ticks (uses the symbol’s min tick). Start Trailing After (ticks): activates the trail only once price has moved in your favor by the set amount. Trailing Stop (ticks): distance from price once active. For longs: stop = close - trail; it never moves down. For shorts: stop = close + trail; it never moves up. Exits shown on chart when the trailing line is touched or an opposite signal occurs. Note: This is a simulation for visualization and does not place, manage, or guarantee broker orders. Inputs you can tune TSI Settings: Long Length, Short Length, Signal Length, Buy/Sell thresholds, Confirm on Close. Trailing Stop: Start Trailing After (ticks), Trailing Stop (ticks), Show/Hide trailing lines. Display: Toggle chart signals, info table, and (optionally) TSI plots on the price chart. Alerts included TSI Buy / TSI Sell Long/Short Trailing Activated Long/Short Trail Exit Tips for use Timeframes/markets: Works on any symbol/timeframe that reports a valid min tick. If your market has large ticks, adjust the tick inputs accordingly. TSI view: By default, TSI lines are hidden to avoid rescaling the price chart. Enable “Show TSI plots on price chart” if you want to see the oscillator inline. Non-repainting note: With Confirm on bar close enabled, signals are evaluated on closed bars. Intrabar previews can change until the bar closes—this is expected behavior in TradingView. Limitations This is an indicator for education/research. It does not execute trades, and visuals may differ from actual broker fills. Performance varies by market conditions; thresholds and trail settings should be tested by the user. Disclaimer Nothing here is financial advice. Markets involve risk, including possible loss of capital. Always do your own research and test on a demo before using any tool in live trading. — ProfitGang
Penunjuk Pine Script®
oleh profitgang
Pro Maker Prev Month Wick High/LowThis indicator plots the exact Previous Month’s Wick High & Wick Low on the chart. Levels are fixed across all timeframes (M1 to M). High/Low lines start exactly from the first bar of the previous month and extend to the right. Perfect for identifying important swing points and supply/demand zones. Features: Auto-updates at the start of a new month. Works on any symbol & any timeframe. Clean dotted-line visuals with color-coded High (Red) & Low (Green). Use case: Quickly see where the previous month’s extreme levels were. Combine with price action or breakout strategies for higher accuracy.
Penunjuk Pine Script®
oleh promakerinstitute
Watermark [TakingProphets] Watermark A fully customizable watermark & chart info panel to keep your charts branded, organized, and informative — without clutter. Special thanks to for inspiring the original concept that led to this expanded version. 📌 Overview Perfect for: Traders who stream, record, or share charts Keeping essential info (symbol, TF, date, price) visible Intraday traders who want day-of-week labels without messy vertical lines ✨ Key Features 1. Personal Watermark Custom text, colors, size, opacity Position anywhere: Top, Middle, Bottom × Left, Center, Right Alignment options: left, center, right Optional border with adjustable color or hide completely 2. Chart Info Panel Show any combination of: Custom text Symbol Timeframe (auto-formatted) Date (MM-DD-YYYY) Last price Day of the week Position independently from watermark Adjustable background opacity 3. Day-of-Week Labels Labels Sunday → Saturday at session start or midday Works on intraday ≤ 15m timeframes Option to hide weekends Place labels Top or Bottom ⚙️ How to Use Enable Watermark → Personal Watermark Settings → Toggle Show Watermark, enter your text, style it. Set Up Info Panel → Chart Information Panel → Select details, choose position, adjust style. Add Day Labels → Day of Week Labels Settings → Turn on for intraday charts. 💡 Tips Lower background opacity for a subtle look. Use bright colors for streaming so your brand stands out. Hide unused features to keep charts clean & fast. 🙏 Acknowledgments This script’s concept was inspired by toodegrees. Developed by TakingProphets — tools for traders who value clarity, precision, and style. ⚠️ Disclaimer: This script is for informational purposes only. It is not financial advice. Always trade responsibly and manage your risk.
Penunjuk Pine Script®
oleh TakingProphets
Razor Precision — Buy/SellRazor Precision Stock Action Indicator The Razor Precision indicator is an advanced, multi-layered market analysis tool designed for traders who demand accuracy and alignment across multiple timeframes. It combines price action, moving average crossovers, volume confirmation, swing structure mapping, and indicator confluence (RSI, MACD, ATR, OBV) to generate actionable buy/sell strength ratings. Key Features: Price Action Detection: Identifies higher highs/lows (uptrend) and lower highs/lows (downtrend). MA Crossover Momentum: Monitors 50/200 moving average crossovers to detect trend shifts. Volume Surge Analysis: Confirms breakouts or pullbacks with significant volume spikes. Swing Structure Tracking: Maps internal/external breaks to align with Smart Money Concepts. Indicator Confluence: Aggregates signals from RSI, MACD, ATR, and OBV for precision confirmation. Multi-Timeframe Alignment: Compares trends across 15m, 1H, 4H, and Daily charts for stacked or conflicting signals. Strength Levels: Signals range from SELL, STRONG SELL, ULTRA STRONG SELL to BUY, STRONG BUY, ULTRA STRONG BUY. Dynamic Table Display: Updates every 5 minutes or when overall action changes, showing per-timeframe analysis and the aggregated decision. Ideal for swing traders, scalpers, and intraday momentum players who want high-confidence trade direction filtered through multiple technical layers.
Penunjuk Pine Script®
oleh srinageshuppuluri
GLD GC Price Converter Its primary function is to fetch the prices of the Gold ETF (ticker: GLD) and Gold Futures (ticker: GC1!) and then project significant price levels from one or both of these assets onto the chart of whatever instrument you are currently viewing. Core Functionality & Features Dual Asset Tracking: The script simultaneously tracks the prices of GLD and Gold Futures (GC). Dynamic Price Level Projection: The script's main feature is its ability to calculate and draw horizontal price levels. It determines a "base price" (e.g., the nearest $100 level for GC) and then draws lines at specified increments above and below it. The key is that these levels are projected onto the current chart's price scale. On-Chart Information Display: Price Table: A customizable table can be displayed in any corner of the chart, showing the current prices of GLD and GC. It can also show the daily percentage change for GC, colored green for positive changes and red for negative ones. Last Price Label: It can show a label next to the most recent price bar that displays the current prices of both GLD and GC. Extensive Customization: The user has significant control over the indicator's appearance and behavior through the settings panel. This includes: Toggling the display for GLD and GC levels independently. Adjusting the multiplier for the price levels (e.g., show levels every $100 or $50 for GC). Changing the colors, line styles (solid, dashed, dotted), and horizontal offset for the labels. Defining the number of price levels to display. Controlling the text size for labels and the table. Choosing whether the script updates on every tick or only once per candle close for better performance.
Penunjuk Pine Script®
oleh bullbreakers888
Adaptive Correlation Engine (ACE)🧠 Adaptive Correlation Engine (ACE) Quantify inter-asset relationships with adaptive lag detection and actionable insights. 📌 What is ACE? The Adaptive Correlation Engine (ACE) is a precision tool for seeking to uncover meaningful relationships between two assets — not just raw correlation, but also lag dynamics, leader detection, and alignment vs. divergence classification. Unlike static correlation tools, ACE intelligently scans multiple lag windows to find: ✅ The maximum correlation between the base asset and a comparison symbol ⏱️ The optimal lag (if any) at which the correlation is strongest 🧭 Whether the assets are Aligned (positive correlation) or Divergent (inverse) 🔁 Which symbol is leading, and by how many bars 📈 Actionable signal strength based on a user-defined correlation threshold ⚙️ How It Works Correlation Scan: For each bar, ACE checks the correlation between the charted asset (close) and a lagged version of the comparison asset across a sliding window of lookback periods. Lag Optimization: The engine searches from lag 0 up to your specified Max Lag to find where the correlation (positive or negative) is most significant. Relationship Classification: The indicator classifies the relationship as: Aligned: Positive correlation above the threshold Divergent: Negative correlation above the threshold Synchronous: No lag detected Low Signal: Correlation is weak or noisy Visual & Tabular Insights: ACE plots the highest detected correlation on the chart and shows an insight table displaying: - Correlation value - Detected lag - Direction type (aligned/divergent) - Leading asset - Suggested action (e.g., “Likely continuation” or “Possible mean reversion”) 💡 How to Use It Use ACE to identify leadership patterns between assets (e.g., ETH leads altcoins, SPX leads crypto, etc.) Spot potential lagging trade setups where one asset’s move may soon echo in another Confirm or challenge correlation-based trading assumptions with data Combine with technical indicators or price action to time entries and exits more confidently 🔔 Alerts Built-in alerts notify you when correlation strength crosses your actionable threshold, classified by alignment or divergence. 🛠️ Inputs Compare Symbol: The asset to compare against (e.g., INDEX:ETHUSD) Correlation Lookback: Rolling window for calculating correlation Max Lag Bars: Maximum lag shift to test Minimum Actionable Correlation: Signal threshold for trade-worthy insights ⚠️ Disclaimer This tool is for research and informational purposes only. It does not constitute financial advice or a trading signal. Always perform your own due diligence and consult a financial advisor before making investment decisions.
Penunjuk Pine Script®
oleh RWCS_LTD
Mutanabby_AI | Algo Pro Strategy# Mutanabby_AI | Algo Pro Strategy: Advanced Candlestick Pattern Trading System ## Strategy Overview The Mutanabby_AI Algo Pro Strategy represents a systematic approach to automated trading based on advanced candlestick pattern recognition and multi-layered technical filtering. This strategy transforms traditional engulfing pattern analysis into a comprehensive trading system with sophisticated risk management and flexible position sizing capabilities. The strategy operates on a long-only basis, entering positions when bullish engulfing patterns meet specific technical criteria and exiting when bearish engulfing patterns indicate potential trend reversals. The system incorporates multiple confirmation layers to enhance signal reliability while providing comprehensive customization options for different trading approaches and risk management preferences. ## Core Algorithm Architecture The strategy foundation relies on bullish and bearish engulfing candlestick pattern recognition enhanced through technical analysis filtering mechanisms. Entry signals require simultaneous satisfaction of four distinct criteria: confirmed bullish engulfing pattern formation, candle stability analysis indicating decisive price action, RSI momentum confirmation below specified thresholds, and price decline verification over adjustable lookback periods. The candle stability index measures the ratio between candlestick body size and total range including wicks, ensuring only well-formed patterns with clear directional conviction generate trading signals. This filtering mechanism eliminates indecisive market conditions where pattern reliability diminishes significantly. RSI integration provides momentum confirmation by requiring oversold conditions before entry signal generation, ensuring alignment between pattern formation and underlying momentum characteristics. The RSI threshold remains fully adjustable to accommodate different market conditions and volatility environments. Price decline verification examines whether current prices have decreased over a specified period, confirming that bullish engulfing patterns occur after meaningful downward movement rather than during sideways consolidation phases. This requirement enhances the probability of successful reversal pattern completion. ## Advanced Position Management System The strategy incorporates dual position sizing methodologies to accommodate different account sizes and risk management approaches. Percentage-based position sizing calculates trade quantities as equity percentages, enabling consistent risk exposure across varying account balances and market conditions. This approach proves particularly valuable for systematic trading approaches and portfolio management applications. Fixed quantity sizing provides precise control over trade sizes independent of account equity fluctuations, offering predictable position management for specific trading strategies or when implementing precise risk allocation models. The system enables seamless switching between sizing methods through simple configuration adjustments. Position quantity calculations integrate seamlessly with TradingView's strategy testing framework, ensuring accurate backtesting results and realistic performance evaluation across different market conditions and time periods. The implementation maintains consistency between historical testing and live trading applications. ## Comprehensive Risk Management Framework The strategy features dual stop loss methodologies addressing different risk management philosophies and market analysis approaches. Entry price-based stop losses calculate stop levels as fixed percentages below entry prices, providing predictable risk exposure and consistent risk-reward ratio maintenance across all trades. The percentage-based stop loss system enables precise risk control by limiting maximum loss per trade to predetermined levels regardless of market volatility or entry timing. This approach proves essential for systematic trading strategies requiring consistent risk parameters and capital preservation during adverse market conditions. Lowest low-based stop losses identify recent price support levels by analyzing minimum prices over adjustable lookback periods, placing stops below these technical levels with additional buffer percentages. This methodology aligns stop placement with market structure rather than arbitrary percentage calculations, potentially improving stop loss effectiveness during normal market fluctuations. The lookback period adjustment enables optimization for different timeframes and market characteristics, with shorter periods providing tighter stops for active trading and longer periods offering broader stops suitable for position trading approaches. Buffer percentage additions ensure stops remain below obvious support levels where other market participants might place similar orders. ## Visual Customization and Interface Design The strategy provides comprehensive visual customization through eight predefined color schemes designed for different chart backgrounds and personal preferences. Color scheme options include Classic bright green and red combinations, Ocean themes featuring blue and orange contrasts, Sunset combinations using gold and crimson, and Neon schemes providing high visibility through bright color selections. Professional color schemes such as Forest, Royal, and Fire themes offer sophisticated alternatives suitable for business presentations and professional trading environments. The Custom color scheme enables precise color selection through individual color picker controls, maintaining maximum flexibility for specific visual requirements. Label styling options accommodate different chart analysis preferences through text bubble, triangle, and arrow display formats. Size adjustments range from tiny through huge settings, ensuring appropriate visual scaling across different screen resolutions and chart configurations. Text color customization maintains readability across various chart themes and background selections. ## Signal Quality Enhancement Features The strategy incorporates signal filtering mechanisms designed to eliminate repetitive signal generation during choppy market conditions. The disable repeating signals option prevents consecutive identical signals until opposing conditions occur, reducing overtrading during consolidation phases and improving overall signal quality. Signal confirmation requirements ensure all technical criteria align before trade execution, reducing false signal occurrence while maintaining reasonable trading frequency for active strategies. The multi-layered approach balances signal quality against opportunity frequency through adjustable parameter optimization. Entry and exit visualization provides clear trade identification through customizable labels positioned at relevant price levels. Stop loss visualization displays active risk levels through colored line plots, ensuring complete transparency regarding current risk management parameters during live trading operations. ## Implementation Guidelines and Optimization The strategy performs effectively across multiple timeframes with optimal results typically occurring on intermediate timeframes ranging from fifteen minutes through four hours. Higher timeframes provide more reliable pattern formation and reduced false signal occurrence, while lower timeframes increase trading frequency at the expense of some signal reliability. Parameter optimization should focus on RSI threshold adjustments based on market volatility characteristics and candlestick pattern timeframe analysis. Higher RSI thresholds generate fewer but potentially higher quality signals, while lower thresholds increase signal frequency with corresponding reliability considerations. Stop loss method selection depends on trading style preferences and market analysis philosophy. Entry price-based stops suit systematic approaches requiring consistent risk parameters, while lowest low-based stops align with technical analysis methodologies emphasizing market structure recognition. ## Performance Considerations and Risk Disclosure The strategy operates exclusively on long positions, making it unsuitable for bear market conditions or extended downtrend periods. Users should consider market environment analysis and broader trend assessment before implementing the strategy during adverse market conditions. Candlestick pattern reliability varies significantly across different market conditions, with higher reliability typically occurring during trending markets compared to ranging or volatile conditions. Strategy performance may deteriorate during periods of reduced pattern effectiveness or increased market noise. Risk management through stop loss implementation remains essential for capital preservation during adverse market movements. The strategy does not guarantee profitable outcomes and requires proper position sizing and risk management to prevent significant capital loss during unfavorable trading periods. ## Technical Specifications The strategy utilizes standard TradingView Pine Script functions ensuring compatibility across all supported instruments and timeframes. Default configuration employs 14-period RSI calculations, adjustable candle stability thresholds, and customizable price decline verification periods optimized for general market conditions. Initial capital settings default to $10,000 with percentage-based equity allocation, though users can adjust these parameters based on account size and risk tolerance requirements. The strategy maintains detailed trade logs and performance metrics through TradingView's integrated backtesting framework. Alert integration enables real-time notification of entry and exit signals, stop loss executions, and other significant trading events. The comprehensive alert system supports automated trading applications and manual trade management approaches through detailed signal information provision. ## Conclusion The Mutanabby_AI Algo Pro Strategy provides a systematic framework for candlestick pattern trading with comprehensive risk management and position sizing flexibility. The strategy's strength lies in its multi-layered confirmation approach and sophisticated customization options, enabling adaptation to various trading styles and market conditions. Successful implementation requires understanding of candlestick pattern analysis principles and appropriate parameter optimization for specific market characteristics. The strategy serves traders seeking automated execution of proven technical analysis techniques while maintaining comprehensive control over risk management and position sizing methodologies.
Strategi Pine Script®
oleh Mutanabby_AI
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