Indicator Sessions @indexprofx🧠 Description:
This indicator plots three key Exponential Moving Averages (EMAs) to help traders identify market trends and potential entry/exit points with precision:
EMA 8 (Green) – Fast trend, useful for scalping or short-term signals
EMA 50 (Blue) – Mid-term trend filter
EMA 150 (Red) – Long-term bias and trend direction
It is part of the IndexProFX toolkit and integrates smoothly with other tools like Intraday Signal and Session Zones for enhanced confluence trading.
✔️ Clean structure
✔️ Easy-to-read color-coded EMAs
✔️ Supports scalping, day trading, and swing trading strategies
Penunjuk dan strategi
3 EMAS Indexprofx🧠 Description:
This indicator plots three key Exponential Moving Averages (EMAs) to help traders identify market trends and potential entry/exit points with precision:
EMA 8 (Green) – Fast trend, useful for scalping or short-term signals
EMA 50 (Blue) – Mid-term trend filter
EMA 150 (Red) – Long-term bias and trend direction
It is part of the IndexProFX toolkit and integrates smoothly with other tools like Intraday Signal and Session Zones for enhanced confluence trading.
✔️ Clean structure
✔️ Easy-to-read color-coded EMAs
✔️ Supports scalping, day trading, and swing trading strategies
X Opens+Overview:
The X Opens+ indicator is a precision tool designed for traders seeking to analyze market structure and behavior around key timeframe opens. It highlights the open prices of custom-selected higher timeframes—such as daily, weekly, or monthly sessions—and visualizes them directly on lower timeframes. These open levels often coincide with high-volume zones, market imbalance, and institutional interest, making them powerful reference points for intraday and swing trading strategies.
Key Features:
Custom Timeframe Anchoring: Users can select any timeframe (e.g., daily, 4H, 1W) to display its current and previous session opens directly on their active chart. This allows for flexible multi-timeframe analysis within a single view.
Price Reaction Zones: Timeframe opens are frequently areas of heightened liquidity and directional bias. By identifying these opens and their relationship to current price action, traders can anticipate areas of support/resistance, trend continuation, or reversal.
Derived Midpoints and Ranges: The indicator also computes and displays the previous session’s range midpoint (EQ), as well as extension bands (e.g., ±1.0x or ±1.5x the prior range). These levels are useful for contextualizing volatility expansion and identifying breakout or fade setups around key open zones.
Historical Session Mapping: In addition to live opens, the tool optionally displays opens and range-based levels from previous sessions. This historical layering gives traders a broader context of how price has respected or rejected these levels over time.
Labeling and Customization: Each level can be labeled and color-coded to match user preferences. The visibility, size, and style of each element (e.g., lines, labels, bands) are fully configurable for visual clarity and user alignment.
Use Cases:
Confirming bias around daily or weekly opens, especially during market opens or key economic releases.
Identifying equilibrium levels for mean reversion or continuation setups.
Using ±1.0 and ±1.5 range projections as dynamic targets or invalidation zones.
Anchoring to key sessions for volume profile or order flow-based strategies.
Summary:
X Opens+ is a data-driven utility that transforms static session opens into dynamic market tools. By spotlighting where institutional interest likely concentrates—at the opens of significant timeframes—this indicator provides traders with a structural edge in identifying key zones that influence price behavior throughout the trading day or week
Dex Stoch RSI + WaveTrend Dots [Enhanced]This indicator is to help identify points where the RSI changes and the wave changes. Dots are to indicate the start of a bearish momentum or bullish momentum.
green dots - provide bullish momentum from an oversold state
yellow dots - provide bullish momentum from an even greater oversold state
red dots - provide bearish momentum from an overbought state
purple dots - provide bearish momentum from an even greater oversold state
This is to hopefully help identify on the charts when bullish or bearish momentum is being alerted
TeeLek-HedgingLineXThis indicator is suitable for use with charts that are Down Trend and are about to change to Sideway or Up Trend. It works opposite to another indicator that I created called TeeLek Hedging Line.
Calculation method :
We will use the Highest value of 600 candlesticks in the past to create the average line. After that, we will create the All Time Low line.
How to use :
It is used to tell that this point is the lowest historical High value. This means that this is the point where the best Short buyers start to reach the loss point. At the same time, it is the point where the worst Long buyers start to make a profit. Therefore, it is suitable to be the point of changing from Down Trend to Up Trend.
There are 2 lines that are used to divide the range. If the graph is at the bottom, it will be Down Trend. If the graph is in the middle, it will be Sideway. And if the graph is at the top of both lines, it will be Up Trend.
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อินดิเคเตอร์นี้ เหมาะสำหรับใช้กับกราฟที่เป็น Down Trend และกำลังจะเปลี่ยนเป็น Sideway หรือ Up Trend จะทำงานตรงข้ามกับ อินดิเคเตอร์อีกตัวที่ผมสร้างขึ้นมา ที่ชื่อว่า TeeLek Hedging Line
วิธีการคำนวณ
เราจะใช้ค่า Highest 600 แท่งเทียนย้อนหลัง ในการสร้างเส้นค่าเฉลี่ย หลังจากนั้น ก็จะสร้างเส้น All Time Low ขึ้นมา
วิธีใช้งาน
เอาไว้บอกว่า จุดนี้คือ ค่า High ย้อนหลังที่ต่ำที่สุด หมายความว่า นี่คือจุดที่คนซื้อ Short ที่ดีที่สุดก็เริ่มถึงจุดขาดทุน ขณะเดียวกัน ก็เป็นจุดที่คนที่ซื้อ Long ที่แย่ที่สุด เริ่มกำไร จึงเหมาะจะเป็นจุดเปลี่ยนจาก Down Trend ไปเป็น Up Trend
มี 2 เส้น ก็เอาไว้ใช้แบ่งช่วง ถ้ากราฟอยู่ด้านล่าง จะเป็น Down Trend ถ้ากราฟอยู่ระหว่างกลางก็จะเป็น Sideway และถ้ากราฟอยู่ด้านบนของทั้งสองเส้น ก็จะเป็น Up Trend
Previous Levels Clustered (PDH/PDL/PWH/PWL/PMH/PML)This indicator helps traders visualize key previous price levels by automatically plotting:
PDH – Previous Day High
PDL – Previous Day Low
PWH – Previous Week High
PWL – Previous Week Low
PMH – Previous Month High
PML – Previous Month Low
Each level is:
Marked from the exact candle where it occurred
Drawn with a short horizontal line extending to the right
Labeled clearly for quick recognition (PDH, PWL, etc.)
Updated only once per new session/week/month to reduce chart clutter
⚙️ Features:
Toggle visibility of each level type (PD / PW / PM)
Customize rightward offset for label placement
No repetition — only current valid levels are shown
Trajectory Channel (VWAP Highs/Lows) [Euler-Inspired]This script identifies and visualizes key price trajectories by connecting recent pivot highs and lows on the weekly timeframe using either VWAP or Heikin-Ashi closes. It draws fully extended trend lines between the two most recent qualifying pivot highs (in red) and lows (in green), allowing traders to interpret natural directional channels—similar to manual trajectory plotting.
Inspired by Euler’s method of approximating paths, this tool avoids clutter by selectively connecting pivots that align with structural movement, providing traders with long-term support and resistance trajectories.
Use the sensitivity input to control how strictly pivots are defined, and toggle between VWAP-based or Heikin-Ashi-based pivots depending on your strategy.
Universal Valuation | Lyro RSUniversal Valuation
⚠️Disclaimer: This indicator is a tool for technical analysis and does not provide guaranteed results. It should be used in conjunction with other analysis methods and proper risk management practices. The creators of this indicator are not responsible for any financial decisions made based on its signals.
Overview
The Universal Valuation indicator helps identify whether the market is undervalued/cheap or overvalued/expensive. And another mode this indicator offers is This cutting-edge tool works flawlessly ACROSS ALL TIMEFRAMES & TICKERS/CHARTS.
By combining regular TradingView indicators & some of our valuation indicators basic/simple with advanced statistical functions, this indicator offers a powerful, universal valuation tool.
Key Features
INPUTS: The Universal Valuation indicator offers flexibility through its customizable input sections. The "Indicator Settings" let you adjust lengths for the raw indicators and statistical functions. The "Signals" section defines thresholds for background color changes, helping you visually spot key market moments. The "Colors" section allows you to pick from pre-defined schemes or personalize colors for better clarity. Lastly, the "Tables" section gives you full control over the UV table’s size and positioning, including options to overlay it on the chart or place it in the allocated space.
A DEEPER INSIGHT: This indicator is built around three distinct categories: "UVM Andromeda," "UVM Sentinel," and "UVM Nexus." Each category has three different drivers. The statistical function powering this indicator is the Z-score. The Z-score is an incredibly powerful tool that helps determine if the market is overvalued/expensive or undervalued/cheap, offering critical insights for traders."
Plotting: The plotted value represents the average of all the drivers. In other words, it is the combined average of all 9 Z-scored indicators, providing a balanced and comprehensive market valuation.
What is Z-score? & Why does this system use it?
Z-score is an advanced statistical function used to measure how far a value deviates from the average in a data set. The formula for Z-score is: (x - h) / o, where x is the observed value, h is the average (mean) of the data set, and o is the standard deviation.
This system uses the Z-score because it helps determine whether the market is overvalued or undervalued based on historical data and how we apply the calculation. By measuring how far a value deviates from the average, the Z-score provides a clearer and more objective valuation of market conditions. In our case, a Z-score of -3 indicates an undervalued market, while a Z-score of 3 signals an overvalued market.
UVM Andromeda:
UVM stands for Universal Valuation Model, which is the core of this indicator. Andromeda, one of the most stunning galaxies in the universe, inspired by its name. We chose this name because a powerful indicator should not only be effective but also visually appealing.
You might be wondering what drives UVM Andromeda. The three key drivers are Price, RSI, and ROC. These indicators are pre-defined, while the "Indicator Settings" allow you to adjust the length of the Z-score calculation, refining how the model analyzes market conditions.
UVM Sentinel:
Sentinel, refers to a guard or watchman, someone or something that keeps watch and provides protection. In our case this name refers to a model that actively observes market conditions, acting as a vigilant tool that signals important shifts in valuation.
Wondering what drives UVM Sentinel? The three key drivers are BB%, CCI, and Crosby. While these indicators are simple on their own, applying our Z-score function elevates them to a whole new level, enhancing their ability to detect market conditions with greater accuracy.
UVM Nexus:
We chose the name Nexus simply because it sounds cool—there’s no deeper meaning behind it for us. However, the word itself does have a meaning; it refers to a connection or link between multiple things.
The three key drivers for UVM Nexus are the Sharpe, Sortino, and Omega ratios. These are all asset performance metrics, but by applying the Z-score, we transform them into powerful valuation indicators/drivers, giving you a deeper insight into market conditions.
Why do we use 9 different indicators instead of 1?
That's a great question, and the answer is quite simple. Think of it like this: if you have one super soldier, and they miss a shot, it’s game over. But if you have many soldiers, even if one misses, the others can step in and take the shot. The strength of using multiple indicators lies in their collective power – if one misses, the others still provide valuable insights, making the overall system more reliable.
Final Thoughts:
In our Universal Valuation indicator, you have the flexibility to customize it however you like using our inputs. The system is divided into three distinct categories, with each category containing three indicators. The value plotted on the chart is the average of all nine indicators. We apply the Z-score, an advanced statistical function, to each of these nine indicators. The final plotted average is the average of all the Z-scores, giving you a comprehensive and refined market valuation. This indicator can work on any timeframe & chart ticker.
Multi Timeframe 50EMA CloudDescription:
The Multi Timeframe 50EMA Cloud is a powerful tool for multi-timeframe trend analysis. This indicator allows you to display the 50-period Exponential Moving Average (EMA) and its volatility "cloud" from several higher timeframes directly on any chart.
Features:
* See the 50EMA cloud from multiple timeframes at once: 15m, 1H, 4H, and 1D.
* Flexible controls: Easily turn each timeframe’s cloud on or off in the settings - overlay as many as you want.
* Distinct colors: Each timeframe has customizable colors for its EMA line, cloud and borders to keep your chart clear and organized.
* Universal perspective: Great for identifying higher timeframe support and resistance, confluence zones and market structure without switching charts.
How it works:
Each enabled EMA cloud is plotted with a band above and below the EMA line, showing ± one-quarter standard deviation (stdev) of price. This "cloud" highlights short-term volatility around the higher timeframe EMA, making it easier to spot dynamic support, resistance and trend strength.
Best for:
* Day traders and swing traders who want to track key EMAs from multiple timeframes on a single chart
* Identifying multi-timeframe confluence, trend direction and volatility zones
Tip:
Try overlaying the 15m, 1H, and 4H EMA clouds on lower timeframe charts (e.g., 1m, 5m, or 15m) for deeper market insight and better trade timing.
⚠️ Important Notice
This tool is provided for educational and informational purposes only . It is designed to assist in technical analysis learning and visual chart study.
It is not intended to be used as financial advice, a buy/sell signal, or any form of investment recommendation .
By using this indicator, you acknowledge that all actions you take are your own and you assume full responsibility for any decisions made.
50/100 EMA Crossover with Candle Confirmation📘 **50/100 EMA Crossover with Candle Confirmation – Strategy Description**
The **50/100 EMA Crossover with Candle Confirmation** is a trend-following strategy designed to filter high-probability entries by combining exponential moving average (EMA) crossovers with strong price action confirmation. This strategy aims to reduce false signals commonly associated with EMA-only systems by requiring a **candle close confirmation in the direction of the trend**, making it more reliable for intraday or swing trading across Forex, crypto, and stock markets.
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### 🔍 **Core Logic**
* The strategy is based on the interaction of the **50 EMA** (fast-moving average) and the **100 EMA** (slow-moving average).
* **Trend direction** is determined by the crossover:
* **Bullish Trend**: When the 50 EMA crosses **above** the 100 EMA.
* **Bearish Trend**: When the 50 EMA crosses **below** the 100 EMA.
* To **filter out false breakouts**, a **candle confirmation** is used:
* For a **Buy signal**: After a bullish crossover, wait for a strong bullish candle (e.g., full-body green candle) to **close above both EMAs**.
* For a **Sell signal**: After a bearish crossover, wait for a strong bearish candle to **close below both EMAs**.
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### ✅ **Entry Conditions**
**Buy Entry:**
* 50 EMA crosses above 100 EMA.
* Latest candle closes **above both EMAs**.
* Candle must be bullish (green/full body preferred).
**Sell Entry:**
* 50 EMA crosses below 100 EMA.
* Latest candle closes **below both EMAs**.
* Candle must be bearish (red/full body preferred).
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### 🛑 **Exit or Take-Profit Options**
* **Fixed TP/SL**: 1:2 or 1:3 risk-reward.
* **Trailing Stop**: Based on recent swing highs/lows or ATR.
* **EMA Exit**: Exit trade when the candle closes on the opposite side of 50 EMA.
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### ⚙️ **Best Settings**
* **Timeframes**: 5M, 15M, 1H, 4H (works well on most).
* **Markets**: Forex, Crypto (e.g., BTC/ETH), Indices (e.g., NASDAQ, NIFTY50).
* **Recommended filters**:
* Use with RSI divergence or volume confirmation.
* Avoid using during high-impact news (especially on lower timeframes).
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### 🧠 **Why This Works**
The 50/100 EMA crossover provides a **medium-term trend signal**, reducing noise seen in fast EMAs (like 9 or 21). The candle confirmation adds a **momentum filter**, ensuring price supports the directional bias. This makes it suitable for traders who want a balance of trend and entry precision without overcomplicating with too many indicators.
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### 📈 **Advantages**
* Simple yet effective for identifying trends.
* Filters out fakeouts using candle confirmation.
* Easy to automate in Pine Script or other trading bots.
* Can be combined with support/resistance or SMC zones for better confluence.
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### ⚠️ **Limitations**
* May lag slightly in ranging markets.
* Late entries possible due to confirmation candle.
* Works best with additional volume or volatility filter.
Previous-Day High–Low BoxThe indicator automatically plots a translucent box covering the entire previous trading day’s high-to-low range—with dashed extension lines at those levels and a date watermark centered inside—so you can instantly see yesterday’s key price boundaries on any intraday chart.
CerberusFX Custom Time LineCerberusFX Custom Time Line
🧠 How it works:
Detects when time passes the target.
Sets a should_plot flag.
Waits for the next bar, even on Renko.
Plots the line once, then resets.
🧪 Tested on:
Renko
Heikin Ashi
1min–1D regular timeframes
PK's Buffer Zones with Extra Zone + EMA + VWAPuse as support and resistance. for any market and stocks.
3-Bar Compression Reversal Pattern//@version=5
indicator("3-Bar Compression Reversal Pattern", overlay=true)
// Get candle OHLCs
open1 = open
close1 = close
body1 = math.abs(close1 - open1)
open2 = open
close2 = close
body2 = math.abs(close2 - open2)
// 2nd candle body < 50% of 1st
secondSmall = body2 < (0.5 * body1)
// 3rd candle engulfs both 1st and 2nd
lowAll = math.min(low , low )
highAll = math.max(high , high )
engulfAll = (high > highAll) and (low < lowAll)
// Final condition
patternDetected = secondSmall and engulfAll
// Plot signal
plotshape(patternDetected, location=location.belowbar, color=color.green, style=shape.labelup, size=size.small, title="Pattern Signal")
alertcondition(patternDetected, title="3-Bar Reversal Alert", message="3-Bar Compression Reversal Pattern Detected!")
Intraday buy sell stratergy for goldThe optimized Pine Script strategy titled "Intraday Buy Sell Strategy for Gold" is designed for intraday trading based on a combination of opening range breakout, Fibonacci pivot levels, EMA filtering, and time-specific signal candles. Here's a breakdown of its key components and improvements:
Volatility Radar + Classic StochVolatility Radar + Classic Stoch
This indicator detects volatility squeezes by measuring Bollinger Bands tightness relative to recent history and confirms potential breakout strength using multiple factors:
Bollinger Bands bandwidth percentile to identify tight and super-tight squeezes
TTM Squeeze confirmation via Keltner Channels
Volume spikes indicating rising market interest
ADX trend strength to gauge directional momentum
Classic Stochastic oscillator to signal overbought/oversold conditions
A composite volatility score ranks the overall setup strength with intuitive color-coded background and a real-time label.
Use this tool to anticipate volatility expansions and improve timing for breakout trades.
BB Squeeze Flash (Overlay)SDC BB Squeeze Indicator - tells you when the BBs are getting super tight - made for GME but can be used anywhere i guess - TV told me i need to write more here to publish the indicator so here i am typing away ok hope this is enough characters
Quantum Dip Hunter | AlphaNattQuantum Dip Hunter | AlphaNatt
🎯 Overview
The Quantum Dip Hunter is an advanced technical indicator designed to identify high-probability buying opportunities when price temporarily dips below dynamic support levels. Unlike simple oversold indicators, this system uses a sophisticated quality scoring algorithm to filter out low-quality dips and highlight only the best entry points.
"Buy the dip" - but only the right dips. Not all dips are created equal.
⚡ Key Features
5 Detection Methods: Choose from Dynamic, Fibonacci, Volatility, Volume Profile, or Hybrid modes
Quality Scoring System: Each dip is scored from 0-100% based on multiple factors
Smart Filtering: Only signals above your quality threshold are displayed
Visual Effects: Glow, Pulse, and Wave animations for the support line
Risk Management: Automatic stop-loss and take-profit calculations
Real-time Statistics: Live dashboard showing current market conditions
📊 How It Works
The indicator calculates a dynamic support line using your selected method
When price dips below this line, it evaluates the dip quality
Quality score is calculated based on: trend alignment (30%), volume (20%), RSI (20%), momentum (15%), and dip depth (15%)
If the score exceeds your minimum threshold, a buy signal arrow appears
Stop-loss and take-profit levels are automatically calculated and displayed
🚀 Detection Methods Explained
Dynamic Support
Adapts to recent price action
Best for: Trending markets
Uses ATR-adjusted lowest points
Fibonacci Support
Based on 61.8% and 78.6% retracement levels
Best for: Pullbacks in strong trends
Automatically switches between fib levels
Volatility Support
Uses Bollinger Band methodology
Best for: Range-bound markets
Adapts to changing volatility
Volume Profile Support
Finds high-volume price levels
Best for: Identifying institutional support
Updates dynamically as volume accumulates
Hybrid Mode
Combines all methods for maximum accuracy
Best for: All market conditions
Takes the most conservative support level
⚙️ Key Settings
Dip Detection Engine
Detection Method: Choose your preferred support calculation
Sensitivity: Higher = more sensitive to price movements (0.5-3.0)
Lookback Period: How far back to analyze (20-200 bars)
Dip Depth %: Minimum dip size to consider (0.5-10%)
Quality Filters
Trend Filter: Only buy dips in uptrends when enabled
Minimum Dip Score: Quality threshold for signals (0-100%)
Trend Strength: Required trend score when filter is on
📈 Trading Strategies
Conservative Approach
Use Dynamic method with Trend Filter ON
Set minimum score to 80%
Risk:Reward ratio of 2:1 or higher
Best for: Swing trading
Aggressive Approach
Use Hybrid method with Trend Filter OFF
Set minimum score to 60%
Risk:Reward ratio of 1:1
Best for: Day trading
Scalping Setup
Use Volatility method
Set sensitivity to 2.0+
Focus on Target 1 only
Best for: Quick trades
🎨 Visual Customization
Color Themes:
Neon: Bright cyan/magenta for dark backgrounds
Ocean: Cool blues and teals
Solar: Warm yellows and oranges
Matrix: Classic green terminal look
Gradient: Smooth color transitions
Line Styles:
Solid: Clean, simple line
Glow: Adds depth with glow effect
Pulse: Animated breathing effect
Wave: Oscillating wave pattern
💡 Pro Tips
Start with the Trend Filter ON to avoid catching falling knives
Higher quality scores (80%+) have better win rates but fewer signals
Use Volume Profile method near major support/resistance levels
Combine with your favorite momentum indicator for confirmation
The pulse animation can help draw attention to key levels
⚠️ Important Notes
This indicator identifies potential entries, not guaranteed profits
Always use proper risk management
Works best on liquid instruments with good volume
Backtest your settings before live trading
Not financial advice - use at your own risk
📊 Statistics Panel
The live statistics panel shows:
Current detection method
Support level value
Trend direction
Distance from support
Current signal status
🤝 Support
Created by AlphaNatt
For questions or suggestions, please comment below!
Happy dip hunting! 🎯
Not financial advice, always do your own research
Dominant Volume DeltaThis indicator displays the volume delta (difference between buying and selling volume) for the dominant side only. If buyers dominate, a teal bar shows the strength of buying. If sellers dominate, a red bar shows the strength of selling. All values are positive and scaled to highlight aggressive pressure. Useful for spotting real-time market imbalances.
OBR 15min Session Opening Range Breakout + Volume Trend DeltaQuick Overview
This Pine Script plots the opening range for London and New York sessions, highlights breakout levels, draws previous session pivots, and offers a live volume delta table for trend confirmation.
Session Opening Range
- Captures the high/low of the first 15 minutes (configurable) for both London & NY sessions.
- Fills the range area with adjustable semi‑transparent colors.
- Optional alerts fire on breakout above the high or below the low.
Previous Session Levels
- Automatically draws previous day’s High, Low, Open and previous 4‑hour High/Low.
- Helps identify key S/R zones as price approaches ORB breakouts.
Volume Trend Delta
- Uses a CMO‑weighted moving average and ATR bands to detect trend state.
- Accumulates bullish vs. bearish volume during each trend.
- Displays Bull Vol, Bear Vol, and Delta % in a movable table for quick strength checks.
How to Use
1. Let the opening range complete (first 15 min).
2. Look for price closing above/below the ORB—enter long on an upside break, short on a downside break.
3. Check the Volume Delta table: positive delta confirms buying strength; negative delta confirms selling pressure.
4. Use previous day/4h levels as additional support/resistance filters.
Settings & Customization
- ORB Duration & Session Times (London/NY), fill colors, and toggles.
- Enable/disable Previous Day & 4H levels.
- Trend Period, Momentum Window, and Delta table position/size.
- Pre‑built alert conditions for all ORB breakouts.
Developer Notes
- Fully commented for easy adjustments.
- Modular sections: ORB, previous levels, trend delta, and alerts.
- No external libraries—pure Pine Script v6.
Tip
Combine ORB breakouts with Volume Delta and prior session pivots to filter false signals and trade stronger, more reliable moves.
Trend Continuation IndicatorTrend Continuation Indicator
The Trend Continuation Indicator is designed to assist traders in identifying potential continuation setups within established market trends. It is particularly suited for use in strong trending environments and is optimized for lower timeframes, with a recommended chart setting of 5-minute candles and an EMA timeframe set to 1 hour.
The indicator combines multiple technical elements:
RSI (Relative Strength Index): Used to assess potential overbought and oversold conditions relative to the trend.
EMA (Exponential Moving Average): A multi-timeframe EMA is used as a directional filter, helping to align entries with the broader trend.
Candle Structure and Momentum Filters: The logic includes real-time candle analysis and volume dynamics to identify momentum-driven signals.
Buy signals are generated when price action shows bullish momentum and RSI confirms potential oversold conditions within an uptrend. Conversely, sell signals are triggered when bearish momentum aligns with overbought RSI levels in a downtrend.
This tool is intended for use as part of a broader trading strategy and is best applied in trending markets where continuation patterns are more likely to follow through.
THE INDICATOR ITSELF IS NO FINANCIAL ADVISE!
Here are some usecase examples:
[Stya] CMF With Dynamic Colour]This script similar like normal Chaikin Money Flow (CMF), built as indicator to follow Smart Money. I just make a bit colorful to make it easier to see as indicator (UP or DOWN) based on the color
