Mulakan

Moving Averages

Golden Cross Strategy & BacktesterGolden Cross Strategy & Backtester 📈🚀 Overview This script provides a complete backtesting environment for the classic Golden Cross trend-following strategy. It is designed to be simple, visual, and easy to use. 💪 The strategy operates on the following logic: 🔼 Long Entry: A "Buy" signal is generated when the short-term moving average (Short MA) crosses above the long-term moving average (Long MA). 🔽 Exit: The position is closed when the short-term moving average crosses back below the long-term moving average (a "Death Cross"). The background of the chart will be shaded green 🎨 during periods when the strategy is holding an active position. How to Use for Backtesting 🔬 This is a strategy script, which means its main purpose is to test the historical performance of this trading idea. Add this script to your chart. Open the "Strategy Tester" panel at the bottom of your chart. In the "Overview" and "Performance" tabs, you can see detailed results 📊, such as the Net Profit and Max Drawdown, to evaluate the strategy's effectiveness. Customization ⚙️ You can easily customize the strategy's parameters without editing the code. Click the Settings/Gear icon (⚙️) next to the script's name on your chart. In the "Inputs" tab, you can change: 📏 Short MA Length: The period for the fast-moving average (default is 50). 📏 Long MA Length: The period for the slow-moving average (default is 200). In the "Properties" tab, you can change: 💰 Initial Capital: The starting balance for the backtest. Feel free to test different settings to find what works best for your preferred asset and timeframe! Happy testing! 🎉
Strategi Pine Script®
oleh acdw12
Daryl Guppy's Multiple Moving Averages - GMMAThe Guppy EMAs indicator (Daryl Guppy’s method) displays two groups of exponential moving averages (EMAs) on the chart: Fast EMA group: 3, 5, 8, 10, 12, 15 periods (thinner, more responsive lines) Slow EMA group: 30, 35, 40, 45, 50, 60 periods (thicker, smoother lines) Color Logic: Fast EMAs turn AQUA if all fast EMAs are in bullish alignment and slow EMAs are in bullish alignment. Fast EMAs turn ORANGE if all fast EMAs are in bearish alignment and slow EMAs are in bearish alignment. Otherwise, fast EMAs appear GRAY. Slow EMAs turn LIME when in bullish order, RED when bearish, and remain GRAY otherwise. The area between the outermost fast EMAs and slow EMAs is filled with a semi-transparent silver color for visual emphasis.
Penunjuk Pine Script®
oleh arshadfahoum
BPS Multi-MA 5 — 22/30, SMA/WMA/EMA# Multi-MA 5 — 22/30 base, SMA/WMA/EMA **What it is** A lightweight 5-line moving-average ribbon for fast visual bias and trend/mean-reversion reads. You can switch the MA type (SMA/WMA/EMA) and choose between two ways of setting lengths: by monthly “session-based” base (22 or 30) with multipliers, or by entering exact lengths manually. An optional info table shows the effective settings in real time. --- ## How it works * Calculates five moving averages from the selected price source. * Lengths are either: * **Multipliers mode:** `Base × Multiplier` (e.g., base 22 → 22/44/66/88/110), or * **Manual mode:** any five exact lengths (e.g., 10/22/50/100/200). * Plots five lines with fixed legend titles (MA1…MA5); the **info table** displays the actual type and lengths. --- ## Inputs **Length Mode** * **Multipliers** — choose a **Base** of **22** (≈ trading sessions per month) or **30** (calendar-style, smoother) and set **×1…×5** multipliers. * **Manual** — enter **Len1…Len5** directly. **MA Settings** * **MA Type:** SMA / WMA / EMA * **Source:** any series (e.g., `close`, `hlc3`, etc.) * **Use true close (ignore Heikin Ashi):** when enabled, the MA is computed from the underlying instrument’s real `close`, not HA candles. * **Show info table:** toggles the on-chart table with the current mode, type, base, and lengths. --- ## Quick start 1. Add the indicator to your chart. 2. Pick **MA Type** (e.g., **WMA** for faster response, **SMA** for smoother). 3. Choose **Length Mode**: * **Multipliers:** set **Base = 22** for session-based monthly lengths (stocks/FX), or **30** for heavier smoothing. * **Manual:** enter your exact lengths (e.g., 10/22/50/100/200). 4. (Optional) On **Heikin Ashi** charts, enable **Use true close** if you want the lines based on the instrument’s real close. --- ## Tips & notes * **1 month ≈ 21–22 sessions.** Using 30 as “monthly” yields a smoother, more delayed curve. * **WMA** reacts faster than **SMA** at the same length; expect earlier signals but more whipsaws in chop. * **Len = 1** makes the MA track the chosen source (e.g., `close`) almost exactly. * If changing lengths doesn’t move the lines, ensure you’re editing fields for the **active Length Mode** (Multipliers vs Manual). * For clean comparisons, use the **same timeframe**. If you later wrap this in MTF logic, keep `lookahead_off` and handle gaps appropriately. --- ## Use cases * Trend ribbon and dynamic bias zones * Pullback entries to the mid/slow lines * Crossovers (fast vs slow) for confirmation * Volatility filtering by spreading lengths (e.g., 22/44/88/132/176) --- **Credits:** Built for clarity and speed; designed around session-based “monthly” lengths (22) or smoother calendar-style (30).
Penunjuk Pine Script®
oleh wepritz84
DTC FX+DTC FX+ All in One Indicator for Forex Markets A comprehensive FX session indicator designed to help traders identify and analyze different trading sessions throughout the day. This indicator provides real-time detection of major FX trading sessions including New York, London, and Tokyo sessions. It displays session ranges, highs and lows, and includes volume analysis to help identify periods of increased market activity. Key features include: • Real-time FX Session Detection (NY, London, Tokyo) • Live Daily Candle Overlay with OHLC tracking • Volume Bars for Strong Volume Detection • Session Trend Detection • Dynamic Session Status Tables • Daily Dividers and Session Box Visualization • Custom Trading Rules Display • Watermark System • Moving Averages (EMA, WMA, SMA) • Fair Value Gaps (FVG) Detection • Support & Resistance Levels (CISD) • Gap Violations Analysis • Session-specific Volume Analysis • Customizable Session Times and Colors • Theme-aware Display Options • Multiple Watermark Styles • Session Range and Extremes Display • Professional Session Dashboard The session dashboard provides a clear overview of current market conditions, while customizable trading rules can be displayed directly on the chart. Session boxes and dividers help visualize different trading periods, making it easier to understand market structure across different time zones. All session times, colors, and display options are fully customizable to match your trading preferences. The indicator works across multiple timeframes and includes theme-aware display options for both light and dark chart themes. Whether you're a day trader looking for session-based opportunities or a swing trader analyzing market structure, this indicator provides the tools needed to better understand FX market dynamics across different trading sessions.
Penunjuk Pine Script®
oleh rohit_trades212
2
VWAP with period (rajib127)VWAP with Adjustable Period (rajib127) This advanced VWAP (Volume Weighted Average Price) indicator offers enhanced functionality with customizable anchor periods and multiple standard deviation bands. Key Features: Adjustable Anchor Period: Unlike standard VWAP that resets daily, this indicator allows you to set custom anchor timeframes (Daily, Weekly, Monthly) to match your trading strategy Multiple Deviation Bands: Display up to 3 sets of bands with customizable multipliers for better support/resistance identification Dual Calculation Modes: Choose between Standard Deviation or Percentage-based band calculations Flexible Price Sources: Select from 7 different price calculation methods (Typical, Close, High, Low, Median, Weighted, Open) Timeframe Visibility Control: Option to hide VWAP on higher timeframes (Daily and above) for cleaner charts Visual Enhancements: Color-coded bands with fill areas and real-time value display table Trading Applications: Identify dynamic support and resistance levels Spot mean reversion opportunities when price deviates from bands Use different anchor periods for swing trading vs day trading strategies Combine with other indicators for confluence-based entries Unique Advantage: The ability to adjust the VWAP reset period makes this indicator versatile for various trading styles - from intraday scalping with hourly resets to swing trading with weekly anchors. Perfect for traders who want more control over their VWAP analysis beyond the standard daily reset limitation.
Penunjuk Pine Script®
oleh rajib127
Advanced Trend Momentum [Alpha Extract]The Advanced Trend Momentum indicator provides traders with deep insights into market dynamics by combining exponential moving average analysis with RSI momentum assessment and dynamic support/resistance detection. This sophisticated multi-dimensional tool helps identify trend changes, momentum divergences, and key structural levels, offering actionable buy and sell signals based on trend strength and momentum convergence. 🔶 CALCULATION The indicator processes market data through multiple analytical methods: Dual EMA Analysis: Calculates fast and slow exponential moving averages with dynamic trend direction assessment and ATR-normalized strength measurement. RSI Momentum Engine: Implements RSI-based momentum analysis with enhanced overbought/oversold detection and momentum velocity calculations. Pivot-Based Structure: Identifies and tracks dynamic support and resistance levels using pivot point analysis with configurable level management. Signal Integration: Combines trend direction, momentum characteristics, and structural proximity to generate high-probability trading signals. Formula: Fast EMA = EMA(Close, Fast Length) Slow EMA = EMA(Close, Slow Length) Trend Direction = Fast EMA > Slow EMA ? 1 : -1 Trend Strength = |Fast EMA - Slow EMA| / ATR(Period) × 100 RSI Momentum = RSI(Close, RSI Length) Momentum Value = Change(Close, 5) / ATR(10) × 100 Pivot Support/Resistance = Dynamic pivot arrays with configurable lookback periods Bullish Signal = Trend Change + Momentum Confirmation + Strength > 1% Bearish Signal = Trend Change + Momentum Confirmation + Strength > 1% 🔶 DETAILS Visual Features: Trend EMAs: Fast and slow exponential moving averages with dynamic color coding (bullish/bearish) Enhanced RSI: RSI oscillator with color-coded zones, gradient fills, and reference bands at overbought/oversold levels Trend Fill: Dynamic gradient between EMAs indicating trend strength and direction Support/Resistance Lines: Horizontal levels extending from pivot-based calculations with configurable maximum levels Momentum Candles: Color-coded candlestick overlay reflecting combined trend and momentum conditions Divergence Markers: Diamond-shaped signals highlighting bullish and bearish momentum divergences Analysis Table: Real-time summary of trend direction, strength percentage, RSI value, and momentum reading Interpretation: Trend Direction: Bullish when Fast EMA crosses above Slow EMA with strength confirmation Trend Strength > 1%: Strong trending conditions with institutional participation RSI > 70: Overbought conditions, potential selling opportunity RSI < 30: Oversold conditions, potential buying opportunity Momentum Divergence: Price and momentum moving opposite directions signal potential reversals Support/Resistance Proximity: Dynamic levels provide optimal entry/exit zones Combined Signals: Trend changes with momentum confirmation generate high-probability opportunities 🔶 EXAMPLES Trend Confirmation: Fast EMA crossing above Slow EMA with trend strength exceeding 1% and positive momentum confirms strong bullish conditions. Example: During institutional accumulation phases, EMA crossovers with momentum confirmation have historically preceded significant upward moves, providing optimal long entry points. 15min 4H Momentum Divergence Detection: RSI reaching overbought levels while momentum decreases despite rising prices signals potential trend exhaustion. Example: Bearish divergence signals appearing at resistance levels have marked major market tops, allowing traders to secure profits before corrections. Support/Resistance Integration: Dynamic pivot-based levels combined with trend and momentum signals create high-probability trading zones. Example: Bullish trend changes occurring near established support levels offer optimal risk-reward entries with clearly defined stop-loss levels. Multi-Dimensional Confirmation: The indicator's combination of trend, momentum, and structural analysis provides comprehensive market validation. Example: When trend direction aligns with momentum characteristics near key structural levels, the confluence creates institutional-grade trading opportunities with enhanced probability of success. 🔶 SETTINGS Customization Options: Trend Analysis: Fast EMA Length (default: 12), Slow EMA Length (default: 26), Trend Strength Period (default: 14) Support & Resistance: Pivot Length for level detection (default: 10), Maximum S/R Levels displayed (default: 3), Toggle S/R visibility Momentum Settings: RSI Length (default: 14), Oversold Level (default: 30), Overbought Level (default: 70) Visual Configuration: Color schemes for bullish/bearish/neutral conditions, transparency settings for fills, momentum candle overlay toggle Display Options: Analysis table visibility, divergence marker size, alert system configuration The Advanced Trend Momentum indicator provides traders with comprehensive insights into market dynamics through its sophisticated integration of trend analysis, momentum assessment, and structural level detection. By combining multiple analytical dimensions into a unified framework, this tool helps identify high-probability opportunities while filtering out market noise through its multi-confirmation approach, enabling traders to make informed decisions across various market cycles and timeframes.
Penunjuk Pine Script®
oleh AlphaExtract
2
Triple EMA Trend TP Strategy (Filtered Entries + Dynamic Exit)Overview The Triple EMA Trend TP Strategy is a robust trend-following approach designed for clear, disciplined entries and exits. It leverages a triple EMA crossover for entry signals, combined with a long‑term SMA trend filter, a fixed take‑profit percentage, and a dynamic dual‑EMA exit mechanism to optimize performance and risk management. Key Features Triple EMA Crossover Entry Detects momentum shifts by waiting for the fast EMA to cross above the slow EMA, signaling bullish momentum buildup. Trend Filter (SMA) Ensures trades are only taken when price is above the long-term trend (SMA), filtering out low-probability setups. Take Profit (TP) Applies a customizable fixed TP, e.g., defaulting to 9.8%, allowing disciplined profit-taking. Dual EMA Exit Uses two EMAs on a separate exit logic—if the short exit EMA undercuts the mid exit EMA, the strategy closes the position. Adjustable Parameters All key lengths—including fast, mid, slow entry EMAs, trend SMA, exit EMAs, and TP percentage—are user-configurable to suit different assets and timeframes. Date Range Control Users can define a backtest window with start and end dates, preventing misleading performance outside intended periods. Flexible Position Management Supports full‑equity position sizing, pyramiding up to 10 entries, and runs every tick for high precision. Setup & Inputs fastLen: Entry Fast EMA midLen: Entry Mid EMA slowLen: Entry Slow EMA trendLen: Trend Filter SMA tpPercent: Take Profit Percentage exitFastLen: Exit Fast EMA exitMidLen: Exit Mid EMA startDate / endDate: Backtest time range Why This Strategy Stands Out This strategy marries classic trend-following principles with modern risk-control tactics, making it both intuitive and advanced. It balances aggressive entry signals with safety checks via trend validation and layered exit logic. The inclusion of a TP ensures profits are locked in, while the dual EMA exit adds adaptive flexibility to close positions when momentum fades. How to Use & Customize Configure Inputs Adjust EMAs, trend length, and TP percentage to fit your asset and timeframe. For example, shorter EMAs suit intraday trading; longer ones work well for swing strategies. Set Backtest Range Use the start/end date fields to limit your testing to the most relevant data, reducing noise from irrelevant market periods. Backtest & Optimize Review the Strategy Tester’s performance metrics—Equity curve, drawdown, profit factor, trade list—to assess effectiveness. Fine‑Tune Tweak TP, EMAs, or trend length to optimize drawdowns, win rate, or return profile.
Strategi Pine Script®
oleh PPonBIN
Filter EMA200 (HTF) + Trigger HMA (with HTF)Trend Filter: EMA200 calculated on the 5-minute timeframe, plotted on the current chart. It acts as the main directional filter. Trigger: Hull Moving Average (HMA) with adjustable length and selectable source timeframe (default HMA24 on 1-minute). It provides faster entries and exits. Trading logic is simple: Only take long signals when price closes above both the filter EMA and the trigger HMA. Only take short signals when price closes below both lines. This combination helps reduce false breakouts while keeping entries fast and responsive.
Penunjuk Pine Script®
oleh ialansarii
Market Internal Strength (DJI/Nasdaq/S&P)Market Health Dow, Nasdaq & S\&P 500 Breadth Track the true internal health of the US market's three most important indices the Dow Jones Industrial Average (DJI), the Nasdaq 100 (NDX), and the S\&P 500 (SPX). Price action alone can be deceiving. A rising index might be driven by only a handful of mega-cap stocks, masking underlying weakness. This indicator provides a crucial look "under the hood" to measure the market's true breadth. It visualizes the percentage of stocks within each index that are trading above their key moving averages (5, 20, 50, 100, 150, and 200-day). This allows you to instantly gauge whether a market trend is broadly supported by the majority of its constituent stocks. Key Features * Covers 3 Major US Indices Seamlessly switch your analysis between the Dow Jones, Nasdaq 100, and S\&P 500. * Complete Breadth Picture Six MA periods offer a full view, from short-term momentum (5D, 20D) to the long-term institutional trend (150D, 200D). * Fully Customizable Toggle the visibility of any line and adjust overbought/oversold levels to fit your personal strategy. How to Use 1. Extreme Readings (Overbought/Oversold) * Above 80% Signals a very strong, potentially overbought market. Caution is advised as a pullback could be near. * Below 20% Signals a deeply oversold market, often indicating capitulation and potential buying opportunities. 2. Divergence (Powerful Warning Signal) * Bearish The index price makes a new high, but this indicator makes a lower high. This warns that the rally is not broad-based and may be losing steam. * Bullish The index price makes a new low, but this indicator makes a higher low. This suggests internal strength is building and a bottom may be forming. 3. Trend Confirmation When the long-term lines (150D, 200D) remain high (e.g., \> 50%), the primary market trend is healthy and confirmed.
Penunjuk Pine Script®
oleh waranyutrkm
PowerTrend Pro Strategy – Gold OptimizedTired of false signals on Gold? PowerTrend Pro combines VWAP, Supertrend, RSI, and smart MA filters with trailing stops & break-even logic to deliver high-probability trades on XAUUSD. PowerTrend Pro Strategy is a professional-grade trading system designed to capture high-probability swing and intraday opportunities on XAUUSD (Gold) and other volatile markets. 🔑 Core Features VWAP Anchoring – institutional fair value reference to filter trades. Supertrend (ATR-based) – adaptive trend filter tuned for Gold’s volatility. Multi-Timeframe RSI – confirms momentum alignment across intraday and higher timeframe. EMA + SMA Combo – ensures trades follow strong directional bias, reducing false signals. Dynamic Risk Management Adjustable Take Profit / Stop Loss (%) Trailing Stop that locks in profits on extended moves Break-Even Logic (stop loss moves to entry once price is in profit) ⚡ Gold-Tuned Presets XAUUSD 1H → tighter TP/SL & faster entries for active intraday trading. XAUUSD 4H → wider ATR filter & trailing stops to capture bigger swings. Generic Mode → works on Forex, Indices, and Crypto (fully customizable). 🎯 Why It Works Gold is notoriously volatile — quick spikes wipe out weak strategies. PowerTrend Pro solves this by combining: ✅ Institutional bias (VWAP) ✅ Adaptive trend filter (Supertrend) ✅ Momentum confirmation (RSI MTF) ✅ Robust trend structure (EMA + SMA) ✅ Smart exits (TP, SL, trailing & breakeven) This multi-layer confirmation makes entries stronger and keeps risk under control. 🛠️ Usage Add the strategy to your chart. Choose a preset (XAUUSD 1H, 4H, or Generic). Run Strategy Tester for performance metrics. Optimize TP/SL and ATR values for your broker & market conditions. 🔥 Pro Tip: Combine this strategy with a session filter (London/NY overlap) or volume confirmation to boost accuracy in Gold.
Strategi Pine Script®
oleh MarkSteve_7
1
FUMO 200 MagnetWhat it does FUMO Magnet measures how far price has stretched away from its long-term “magnet” — a blended EMA/SMA moving average (200 by default). It plots a logarithmic deviation (optionally normalized) as an oscillator around zero. Above 0** → price is above the magnet (stretched up) Below 0** → price is below the magnet (stretched down) Guide levels** highlight potential overbought/oversold zones --- Why log deviation? Log returns make extremes comparable across cycles and compress exponential trends — especially useful for BTC and other crypto assets. Normalization modes further adjust the scale, keeping the oscillator readable on any chart. --- Inputs **Base** * Source (default: Close) * Base Length (default: 200 EMA/SMA) * EMA vs SMA weight (%) — 0% = pure SMA, 100% = pure EMA, 50% = blended * EMA smoothing of deviation — acts as a noise filter **Normalization** * None (Log Deviation) — raw log stretch in % terms * Z-score — deviation in standard deviations (σ) * Robust Z (MAD) — deviation vs median absolute deviation, resistant to outliers * Tanh squash — smooth nonlinear squash of extremes for compact scale * Normalization window (for Z / MAD) * Tanh scale (lower = stronger squash) * Clamp after normalization — hard cap at ±X **Levels** * Guide levels (Upper / Lower) — visual thresholds (default ±12) * Zero line toggle --- ### How to read it * **Trend bias**: sustained time above 0 = uptrend, below 0 = downtrend * **Stretch / mean reversion**: the farther from 0, the higher the reversion risk * **Cross-checks**: combine with structure (HH/HL, LH/LL), volume, or momentum (RSI, MACD) --- ### Recommended settings by timeframe **Long-term (1D / 1W)** * Normalization: None (Log Deviation) * Base Length: 200 * EMA vs SMA weight: 50% (adjust 35–65% for faster/slower magnet) * Deviation smoothing: 20 (10–30 range) * Guide levels: ±12 to ±20 * Use case: cycle extremes, portfolio rebalancing, trim/add logic **Swing (4H – 1D)** * Normalization: Z-score * Window: 200 (100–250) * Smoothing: 14–20 * Guide levels: ±2σ to ±3σ * Use case: stretched conditions across regimes; ±3σ is rare, often mean-reverts **Intraday / Active swing (1H – 4H)** * Normalization: Robust Z (MAD) * Window: 200 (150 for faster response) * Smoothing: 10–16 * Guide levels: ±3 to ±4 (robust units) * Use case: handles spikes better than σ, fewer false overbought/oversold signals **Scalping / Universal readability (15m – 1H)** * Normalization: Tanh squash * Tanh scale: 6–10 (start with 8) * Smoothing: 8–12 * Guide levels: ±8 to ±12 * Use case: compact panel across assets and timeframes; not % or σ, but visually consistent --- ### Optional * Clamp: enable ±20 (or ±25) for strict bounded range (useful for public charts) --- ### Quick setups **BTC Daily (“cycle view”)** * Normalization: None * Blend: 50% * Smooth: 20 * Levels: ±12–15 **BTC 4H (“swing”)** * Normalization: Z-score * Window: 200 * Smooth: 16 * Levels: ±2.5σ to ±3σ **Alts 1H (“volatile”)** * Normalization: Robust Z (MAD) * Window: 200 * Smooth: 12 * Levels: ±3.5 to ±4.5 **Mixed assets 15m (“compact panel”)** * Normalization: Tanh squash * Scale: 8 * Smooth: 10 * Levels: ±8–12 * Clamp: ±20
Penunjuk Pine Script®
oleh deerHunter2049
On-Balance Volume with Multiple MA TypesOn-Balance Volume with Multiple MA Types English Description Overview This is the first version of the "On-Balance Volume with Multiple MA Types" indicator designed to overlay directly on the price chart, a significant evolution from its previous iterations, which functioned solely as an oscillator in a separate window. The indicator calculates On-Balance Volume (OBV) and applies various smoothing methods to provide a clear view of volume dynamics in relation to price movements. It is pinned to the price scale for seamless integration with the chart. Interpretation Recommendations Price Pushing the OBV Line from Below: When the price chart pushes the OBV line upward and remains below it, this indicates rising volume, suggesting strong buying pressure. Price Above the OBV Line: When the price chart is above the OBV line, it signals falling volume, indicating weakening momentum or selling pressure. OBV Line Crossings: When the price crosses the OBV line, it represents a balance point in volume dynamics. The price level at the current crossing can be compared to the previous crossing to assess changes in market sentiment or momentum. Moving Average Types The indicator offers eight smoothing options for the OBV line, each with unique characteristics: EMA (Exponential Moving Average): A weighted average that prioritizes recent data, providing a smooth yet responsive line. DEMA (Double Exponential Moving Average): Uses two EMAs to reduce lag, offering faster response to volume changes. HMA (Hull Moving Average): Combines weighted moving averages to minimize lag while maintaining smoothness. WMA (Weighted Moving Average): Assigns more weight to recent data, balancing responsiveness and noise reduction. TMA (Triangular Moving Average): A double-smoothed simple moving average, emphasizing central data points for smoother output. VIDYA (Variable Index Dynamic Average): Adapts smoothing based on market volatility, using a CMO (Chande Momentum Oscillator) for dynamic weighting. Controlled by the VIDYA Alpha parameter (default: 0.2, range: 0–1), which adjusts sensitivity to volatility. FRAMA (Fractal Adaptive Moving Average): Adjusts smoothing based on fractal dimensions of the OBV data, adapting to market conditions. JMA (Jurik Moving Average): A proprietary adaptive average designed for minimal lag and high smoothness. Controlled by two parameters: JMA Phase (default: 50, range: -100 to 100): Adjusts the balance between responsiveness and smoothness. JMA Power (default: 1, range: 0.1+): Controls the strength of smoothing. Input Parameters OBV MA Length (default: 10): The lookback period for smoothing the OBV. Higher values produce smoother results but increase lag. OBV MA Type (default: JMA): Selects the moving average type from the eight options listed above. Line Width (default: 2): Thickness of the OBV line on the chart. Bullish Color (default: Blue): Color of the OBV line when rising (indicating increasing volume). Bearish Color (default: Red): Color of the OBV line when falling (indicating decreasing volume). JMA Phase (default: 50): Adjusts the JMA’s responsiveness (used only when JMA is selected). JMA Power (default: 1): Adjusts the JMA’s smoothing strength (used only when JMA is selected). VIDYA Alpha (default: 0.2): Controls the sensitivity of VIDYA to market volatility (used only when VIDYA is selected). How to Use Add the indicator to your TradingView chart. It will overlay directly on the price chart, aligned with the price scale. Adjust the OBV MA Type to select your preferred smoothing method based on your trading style (e.g., JMA for low lag, TMA for smoothness). Modify the OBV MA Length to balance responsiveness and noise reduction. Shorter periods (e.g., 5–10) are better for short-term trading, while longer periods (e.g., 20–50) suit longer-term analysis. Use the Bullish Color and Bearish Color to visually distinguish rising and falling volume trends. For JMA or VIDYA, fine-tune the JMA Phase, JMA Power, or VIDYA Alpha to optimize the indicator for specific market conditions. Interpret the OBV line in relation to price: Watch for price pushing the OBV line upward (rising volume) or moving above it (falling volume). Note crossings of the OBV line to identify balance points and compare with prior crossings to gauge momentum shifts. Combine with other technical tools (e.g., support/resistance levels, trendlines) for a comprehensive trading strategy. Notes This indicator is designed to work on any timeframe and market, but its effectiveness depends on the chosen moving average type and parameters. Experiment with different MA types and lengths to find the best fit for your trading approach. The indicator is licensed under the Mozilla Public License 2.0 and copyrighted by TradingStrategyCourses © 2025.
Penunjuk Pine Script®
oleh SYNC-AND-TRADE