Multi Indicator [fikri production 2 ]Description
📊 Fikri Multi Indicator – Fully Automated Trading Indicator 🚀
This indicator is designed, created, and developed by Fikri Production, combining dozens of technical analysis elements into a single multi-functional indicator. By using this indicator, you no longer need to add other indicators to strengthen trading signals, as all essential elements are integrated into one automated and highly accurate system.
This signal represents my highest achievement in analyzing various indicators and decades of trading experience, all poured into a single powerful, multi-functional indicator with high accuracy.
With this indicator, your trading will be more controlled—no more reckless entries driven by emotions. You'll know where the price is moving, when it stops, and when it reverses.
🎯 Key Features:
✅ Automatic BUY & SELL signals with high accuracy.
✅ Entry points complete with Stop Loss (SL) & three Take Profit (TP) levels.
✅ Automatic trend filter—only valid signals aligned with market direction are displayed.
✅ Fully automated indicator—you only need to follow what is displayed on the chart.
⚙️ How the Indicator Works
📍 This indicator displays several essential trading elements:
1️⃣ Arrows with long tails → Main signals for entering BUY or SELL positions.
2️⃣ Arrowheads without tails → Warning signs for possible trend reversal.
3️⃣ Black circles → Indicate weak trends or sideways markets (unclear direction).
4️⃣ Trendline → Measures the strength and direction of price movements.
5️⃣ EMA 30 (Blue) → Determines the primary trend direction.
6️⃣ EMA 10 (Yellow) & EMA 5 (Black) → Identify the best momentum for entry.
📈 Trading Rules Using This Indicator
📉 SELL Signals
✔️ A bearish pattern forms (Bearish Engulfing, Bearish Pin Bar, or Doji).
✔️ Price is below EMA30.
✔️ EMA30 is sloping downward → Confirms bearish trend.
🚨 Avoid entries if EMA30 is flat!
📈 BUY Signals
✔️ A bullish pattern forms (Bullish Engulfing, Bullish Pin Bar, or Doji).
✔️ Price is above EMA30.
✔️ EMA30 is sloping upward → Confirms bullish trend.
🚨 Avoid entries if EMA30 is flat!
⚙️ Summary of Trading Strategy
Only open SELL positions when candles are below the blue line. Ignore BUY signals if candles are below the blue line, and vice versa.
Never open SELL or BUY positions when the blue line is flat, even if multiple signals appear. The best entries occur when the first TP, Entry, and SL signals appear. However, always ensure the candle conditions match the rules. For example, if an entry line suggests SELL, but the candle is above the blue line, the signal is weaker. The ideal and strongest conditions occur when a SELL signal appears with the candle below a downward-sloping blue line, followed by the entry line—this is the best setup. The same applies to BUY signals.
For arrowhead signals without tails—these are not primary signals, but rather warnings of potential trend reversal. Keep in mind that they are only alerts for caution, not main signals. Similarly, the black circle signals indicate weak market movements lacking direction, serving as additional warnings.
🎯 Advantages of This Indicator
✔️ Filters out false signals using EMA30 as the primary trend filter.
✔️ Combines Price Action & Trend Analysis to identify the best entry points.
✔️ Easy to use across various timeframes.
✔️ Comes with automatic SL & TP for better risk management.
🚀 Use Fikri Multi Indicator to maximize profits and minimize risks in your trading! 💹🔥
Let me know if you need any adjustments or refinements!
Penunjuk dan strategi
EMA 5/20 Crossover PointsThis script plots the 5 and 20 Exponential Moving Averages (EMAs) and highlights potential trade signals by marking crossover points. A green triangle appears when the 5 EMA crosses above the 20 EMA (bullish signal), and a red triangle appears when it crosses below (bearish signal). These visual cues help traders quickly identify potential trend shifts and entry or exit points. Ideal for trend-following strategies.
VWAP / TWAP & Iceberg RadarThe Trend Bias :
15 Mins Time Fram
Bullish Bias > Price above VWAP
Bearish Bias > Price under VWAP
The Signal :
5 Mins Time Fram
Price retrest VWAP and apear Green/Red (Bullish / Bearish)
The Entry :
1 Mins Price Action
The Adam Khoo Magic with Williams %RTotally inspired by Adam Khoo's analogy
This is meant for the monthly bar:
Where you try to find the highest point of the average recession/correction time to the bottom:
average correction time to bottom: 4.2months
average bear market time to bottom: 13months (default)
Plot/Fill chart with the 4 tranches recommended:
-8%, -15%, -21% and -35% to gauge entry point
Changed that hardcoded timeframe to follow the dynamic highlength
Added new way of how Adam predicts potential bottom by looking at Williams %R 52 & 13.
First Day of Month HighlighterHello Folks
This is the indicator that highlights the first day of the month . You can use this for identifying the 1st calendar day of the month
Use it . Have fun
Williams Fractals + Horizontal Linethe breakthrough of the nearest fractal by the body of the candle is highlighted by a segment
Akash Candle 1.0 %Hello Folks
This is the indicator that identifies the candle size having High - Low < 1%
Use it good and have fun in trading
Akash Candle 0.5%Hello Folks
This is the indicator for identifying the candle size having hihg - low <0.5%
Use it good
SFT ChartPowerRSIThis RSI indicator from SixFourTrading (SFT) is not your typical indicator. It give the edge on additional confluence to your trading strategy. Signals and Alerts to give you the knowledge to make quick decisions for your trading strategy. It's time to step up your game! Subscribe Now!
RSI Indicator
Two SFT Moving Averages SLOW and FAST
Moving Average Cloud for Bullish or Bearish Detection
MA Bullish/Buy and Bearish/Sell Signals
RSI Pro Sell and Buy Signals
RSI Overbought and Oversold Cloud
RSI Overbought and Oversold Indicators
Fully Customizable
SMA or EMA Plots
Adjustable RSI High/Low Range
Adjustable RSI Timeframes
RSI Customizable Alerts
MA Customizable Alerts
Consistent, Reliable Strategy Indicator so you can focus on trading and let the system do the alerting for you
Signals to Enter Long or Short
Regular Updates on New Features Area
DISCLAIMER: You hereby understand, agree, and acknowledge that your use or misuse of the site, any products, goods, or services on the site, including, without limitation, information and materials from the site, is solely at your own discretion and risk and that SixFourTrading, Inc. and its directors, officers, shareholders, employees, contractors, moderators, and affiliates have no liability whatsoever for your use or misuse of this site. You hereby understand, agree, and acknowledge that you are solely responsible for any liability, claim, damages, losses, cost, or expenses that may arise or result from your use or misuse of the site.
Inside Bar & High Volatility BarsIndicator that Marks
1) Inside Bar (which neither break High or Low of the last previous candle)
2) High Volatile Bars (which break both High and Low of the last previous candle)
TEMA Pressure+DivergenceTEMA Divergence + Pressure indicators feature the best of both TEMA indicators in one indicator, providing effective management of your charts for the auxiliary TEMA studies which are crucial in the decision-making process of taking directional entries.
Both indicators combined offer a sense of strength and directionality of current conditions. 55 is an optimal lookback, although 28 can be used for faster response if preferred.
Comparative volume of supply and demand A comparative volume of supply and demand with volume MA and an indicator of a possible change in trend based on the closing of the candles
Global M2 by Colin Talks Crypto // Days Offset =// This Pine Script® code is subject to the terms of the Mozilla Public License
//@version=6
indicator(title = "Global M2 10-Week Lead (for bitcoin)", shorttitle = 'Global M2', overlay=true, scale=scale.left)
// Slide weeks input (in weeks)
slide_weeks = input.int(defval=10, title="Slide Weeks Forward", minval=0, maxval=52, tooltip="Number of weeks to slide the indicator forward")
// Enable settings for each country's M2
usa_active = input(true, title = "USM2 (USA Money Supply)")
europe_active = input(true, title = "EUM2 (Eurozone Money Supply)")
china_active = input(true, title = "CNM2 (China Money Supply)")
japan_active = input(true, title = "JPM2 (Japan Money Supply)")
uk_active = input(true, title = "UKM2 (United Kingdom Money Supply)")
canada_active = input(true, title = "CAM2 (Canada Money Supply)")
australia_active = input(true, title = "AUM3 (Australia Money Supply)")
india_active = input(true, title = "INM2 (India Money Supply)")
korea_active = input(true, title = "KRM2 (South Korea Money Supply)")
brazil_active = input(true, title = "BRM2 (Brazil Money Supply)")
russia_active = input(true, title = "RUM2 (Russia Money Supply)")
switzerland_active = input(true, title = "CHM2 (Switzerland Money Supply)")
mexico_active = input(true, title = "MXM2 (Mexico Money Supply)")
indonesia_active = input(true, title = "IDM2 (Indonesia Money Supply)")
turkey_active = input(true, title = "TRM2 (Turkey Money Supply)")
saudi_active = input(true, title = "SAM2 (Saudi Arabia Money Supply)")
argentina_active = input(true, title = "ARM2 (Argentina Money Supply)")
southafrica_active = input(true, title = "ZAM2 (South Africa Money Supply)")
// Daily timeframe for economic data
tf = "D"
// Get M2 data for each country and convert to USD
us_m2 = usa_active ? request.security("ECONOMICS:USM2", tf, close) : 0
eu_m2 = europe_active ? request.security("ECONOMICS:EUM2", tf, close) * request.security("FX_IDC:EURUSD", tf, close) : 0
china_m2 = china_active ? request.security("ECONOMICS:CNM2", tf, close) * request.security("FX_IDC:CNYUSD", tf, close) : 0
japan_m2 = japan_active ? request.security("ECONOMICS:JPM2", tf, close) * request.security("FX_IDC:JPYUSD", tf, close) : 0
uk_m2 = uk_active ? request.security("ECONOMICS:GBM2", tf, close) * request.security("FX_IDC:GBPUSD", tf, close) : 0
canada_m2 = canada_active ? request.security("ECONOMICS:CAM2", tf, close) * request.security("FX_IDC:CADUSD", tf, close) : 0
australia_m2 = australia_active ? request.security("ECONOMICS:AUM3", tf, close) * request.security("FX_IDC:AUDUSD", tf, close) : 0
india_m2 = india_active ? request.security("ECONOMICS:INM2", tf, close) * request.security("FX_IDC:INRUSD", tf, close) : 0
korea_m2 = korea_active ? request.security("ECONOMICS:KRM2", tf, close) * request.security("FX_IDC:KRWUSD", tf, close) : 0
brazil_m2 = brazil_active ? request.security("ECONOMICS:BRM2", tf, close) * request.security("FX_IDC:BRLUSD", tf, close) : 0
russia_m2 = russia_active ? request.security("ECONOMICS:RUM2", tf, close) * request.security("FX_IDC:RUBUSD", tf, close) : 0
switzerland_m2 = switzerland_active ? request.security("ECONOMICS:CHM2", tf, close) * request.security("FX_IDC:CHFUSD", tf, close) : 0
mexico_m2 = mexico_active ? request.security("ECONOMICS:MXM2", tf, close) * request.security("FX_IDC:MXNUSD", tf, close) : 0
indonesia_m2 = indonesia_active ? request.security("ECONOMICS:IDM2", tf, close) * request.security("FX_IDC:IDRUSD", tf, close) : 0
turkey_m2 = turkey_active ? request.security("ECONOMICS:TRM2", tf, close) * request.security("FX_IDC:TRYUSD", tf, close) : 0
saudi_m2 = saudi_active ? request.security("ECONOMICS:SAM2", tf, close) * request.security("FX_IDC:SARUSD", tf, close) : 0
argentina_m2 = argentina_active ? request.security("ECONOMICS:ARM2", tf, close) * request.security("FX_IDC:ARSUSD", tf, close) : 0
southafrica_m2 = southafrica_active ? request.security("ECONOMICS:ZAM2", tf, close) * request.security("FX_IDC:ZARUSD", tf, close) : 0
// Calculate total liquidity (In Trillions USD)
total = (us_m2 + eu_m2 + china_m2 + japan_m2 + uk_m2 + canada_m2 + australia_m2 + india_m2 + korea_m2 + brazil_m2 + russia_m2 + switzerland_m2 + mexico_m2 + indonesia_m2 +
turkey_m2 + saudi_m2 + argentina_m2 + southafrica_m2) / 1000000000000
// Calculate minutes per bar based on timeframe
var float minutes_per_bar = 0
if timeframe.isminutes
minutes_per_bar := timeframe.multiplier * 1
else if timeframe.isdaily
minutes_per_bar := timeframe.multiplier * 1440 // 1440 minutes = 1 day
else if timeframe.isweekly
minutes_per_bar := timeframe.multiplier * 10080 // 10080 minutes = 1 week
else if timeframe.ismonthly
minutes_per_bar := timeframe.multiplier * 43200 // 43200 minutes ≈ 1 month (30 days)
// Convert weeks to bars: (weeks * days/week * minutes/day) / minutes_per_bar
bars_offset = math.round(slide_weeks * 7 * 1440 / minutes_per_bar)
// Plot total liquidity with dynamic offset
plot(total, offset=bars_offset, color=color.blue, linewidth=2)
MTS📊 MTS (Murrey Math System) Trading Strategy for TradingView 📊
Introduction:
This script implements the Murrey Math System (MTS), a market analysis tool based on a set of pivot points and price ranges, designed to help traders identify key levels of support and resistance.
MTS calculates key price levels based on historical price swings and helps identify price targets, stop-loss levels, and potential breakout zones.
The strategy also includes an adaptive bias panel, showing buy or sell suggestions based on current price action relative to Murrey Math levels.
Key Components:
1. Pivot Calculation and Conditions:
Pivot Lookback & Spikeyness Index:
The pivots: lookback/forward input defines how far back (and forward) the script looks to identify potential pivot points (high and low). A smaller value focuses on more recent swings, while larger values consider a broader range.
The Spikeyness Index (atrMult) allows you to adjust sensitivity to market spikes, utilizing the Average True Range (ATR) to detect sharp price movements that could indicate potential turning points.
Pivot Conditions:
isPivHigh and isPivLow detect local high and low pivot points, respectively.
Spiky Conditions: The spikyH and spikyL conditions filter out pivots that do not meet the spikiness criteria, which is based on ATR and moving averages.
2. Swing High and Swing Low Identification:
The script identifies and stores previous swing highs (HR_prev) and lows (LR_prev), updating them based on the current market structure.
3. Proprietary Calculation:
The propCalc input enables a proprietary calculation method for determining higher or lower levels beyond the typical Murrey Math levels, offering a more adaptive approach to price targets and support/resistance levels.
4. Murrey Math Lines (MML):
MML Calculation:
The code calculates a set of Murrey Math Lines (EightEight, FourEight, ZeroEight), which are key price levels based on the range of the price over a given time period. These levels represent major support and resistance zones, with the EightEight line indicating extremely overbought conditions and ZeroEight signaling deeply oversold conditions.
Level and Extension Lines:
The script also plots additional levels and extensions based on the range between HR and LR, representing key support/resistance levels. These levels are dynamically drawn on the chart, offering clear insights into where price might reverse or break out.
Strategy Logic:
- Breakout and Breakdown:
The Bias Box panel dynamically displays a trade bias, either suggesting to "Buy on Dip" or "Sell on Rise," depending on whether the current price is above or below the midpoint of the Murrey Math range (BEP). This bias is calculated using the market's relationship to the Murrey Math Levels.
- Buy on Dip: When the price is below the midpoint (BEP), suggesting the market is in a buying zone.
- Sell on Rise: When the price is above the midpoint, suggesting the market is in a selling zone.
- Stop-Loss and Target Hints:
The stop-loss (SL) and target levels are dynamically set based on the position relative to HR and LR:
For Buy on Dip: SL is set at LR Low, Target is set at HR High.
For sell on Rise: SL is set at HR Low, Target is set at LR High.
2. Historical and Current Levels:
The script compares the most recent Murrey Math levels with historical levels. This helps identify any shifts or changes in the market structure, enhancing the trader's ability to adapt to new trends.
- Current Levels:
The current levels are drawn from the most recent HR and LR values, with corresponding extensions showing possible breakout or breakdown zones.
- Historical Levels:
Historical levels are drawn in a "ghost" style, helping traders visualize past market conditions and potential support/resistance zones that could still influence price movement.
- Trade Examples:
Example 1: Buy on Dip
a. Scenario:
Price is below the midpoint (BEP), and the bias suggests a buy on dip.
The trader looks for a rebound from the LR Low level, with a target at the HR High.
b. Entry:
Buy when the price reaches the LR Low level.
c. Exit:
Take profit when the price hits the HR High.
d. Stop-Loss:
Place stop-loss at the LR Low.
Example 2: Sell on Rise
a. Scenario:
Price is above the midpoint (BEP), and the bias suggests a sell on rise.
The trader looks for a pullback to the HR Low, with a target at the LR High.
b. Entry:
Sell when the price reaches the HR High level.
c. Exit:
Take profit when the price hits the LR Low.
d. Stop-Loss:
Place stop-loss at the HR Low.
Key Features:
Bias Panel: A table in the top-right corner showing the current market bias (Buy on Dip, Sell on Rise, or Neutral).
Displays real-time trade direction and risk information, such as stop-loss and target hints.
Dynamic Level Adjustment: As the price moves, the script dynamically updates the key levels (HR, LR, and Murrey Math lines), keeping traders aware of the most recent market structure.
Visualization Tools:
The chart is populated with a series of lines and labels that indicate the critical price levels for trading.
Support/Resistance Lines: Each key level is marked with different colors for quick recognition.
Extensions: Additional lines are plotted based on price projections, indicating where the market could potentially move.
Note:
Please note that this is an educational purpose idea, any action/trade taken will be user's own responsibility.
Enjoy!
Regards.
Nifty 0.09 Levels - Today OnlyNifty 0.09 Levels – Today Only
This indicator is designed for intraday traders on the NSE (National Stock Exchange of India), specifically for Nifty and BankNifty instruments. It identifies key price levels based on the candle that ends at 9:20 AM IST, which typically reflects the first 5 minutes of market structure after open.
What the Script Does
Detects the 9:15–9:20 AM candle (India market time).
Calculates a base level by adjusting the close of this candle by ±0.09%, creating an upper and lower bound.
Optionally plots three target levels (TG1, TG2, TG3) on both the upside and downside by applying further percentage extensions (±0.18% sequentially).
Displays these levels only for the current day, keeping your chart clean.
How It Works
The script runs on all timeframes and uses timestamp("Asia/Kolkata") to accurately isolate the target candle.
It conditionally draws horizontal lines using line.new() only if today's levels haven't already been drawn.
TG levels can be toggled on or off with a checkbox.
Levels extend visually for 60 bars (roughly one hour on a 1-minute chart) and reset daily.
Use Cases
Scalping or short-term breakout trades based on the early range.
Bias setting: Above the upper level indicates strength; below the lower suggests weakness.
Can be used in automated confluence setups or manual discretionary trades.
Why It's Unique
This tool is optimized for Indian market timing, and uses fixed percentage logic that's not commonly available in open-source range indicators. It cleanly isolates and visualizes actionable levels based on the early session candle without cluttering your chart with historical or irrelevant lines.
No external dependencies or additional scripts are required. Ideal for traders who value simplicity and precision early in the trading session.
Liquidity [Shahzeb Trades]The Liquidity indicator is designed to identify key liquidity zones in the market with precision. This tool helps traders detect where institutional orders are likely placed, showing potential areas for price sweeps and reversals. Whether you're trading Forex, Crypto, or Binary Options, this indicator highlights buy-side and sell-side liquidity with high accuracy—enabling smarter entries and exits.
Perfect for smart money concept (SMC) and order block traders, this indicator works best when combined with market structure analysis and price action confirmations.
Features:
✅ Highlights liquidity pools (Buy-side/Sell-side)
✅ Confirms directional bias through liquidity sweep signals
✅ Suitable for all timeframes
✅ Ideal for SMC, ICT, and OB strategy traders
✅ Tested and used by Shahzeb Trades
Niveles Clave desde ListaPut Wall: 550.00, Rango LOW: 549.67, Gamma Flip Bottom: 560.00, Dark Pool Anchor: 561.17, Call Wall: 560.00, Gamma Flip Top: 566.00, Rango HIGH: 567.27
SBC ProtfoSBC Portfo PNL Indicator
Description
The SBC Portfo PNL Indicator is a powerful and user-friendly tool designed specifically for Hebrew-speaking traders to track the Profit and Loss (PNL) of their stock portfolios directly on TradingView charts. This indicator allows users to manage up to **5 distinct portfolios**, each capable of holding an **unlimited number of stocks** with **unlimited buy commands**. It provides a seamless way to input and analyze purchase data, making it ideal for traders who want to monitor their portfolio performance in real-time.
Key Features
- **Multi-Portfolio Support**: Create and track up to 5 separate portfolios, allowing flexibility for different trading strategies or accounts.
- **Unlimited Stock Entries**: Each portfolio can include an unlimited number of stocks, with no restrictions on the number of buy commands per stock.
- **Detailed Buy Commands**: For each stock, input the following data:
- **Stock Ticker**: The symbol of the stock (e.g., `AAPL`, `TSLA`).
- **Buy Price**: The price at which the stock was purchased (e.g., `150.25`).
- **Buy Amount**: The quantity of shares purchased (e.g., `10`).
- **Hebrew-Friendly Interface**: Designed with Hebrew-speaking users in mind, ensuring intuitive navigation and clear instructions in the TradingView settings dialog.
- **Customizable PNL Tracking**: Visualize the profit and loss of your portfolios directly on your TradingView charts, with real-time updates based on market data.
How to Use
1. **Add the Indicator**:
- Open TradingView, go to the chart, and add the "SBC Portfo PNL Indicator" from the Indicators menu.
2. **Configure Portfolios**:
- Open the indicator’s settings dialog.
- For each portfolio (up to 5), manually enter the portfolio data in the provided input fields using the following format:
```
PortfolioName:StockTicker:BuyPricexBuyAmount;StockTicker:BuyPricexBuyAmount
```
**Example**:
```
Portfolio1:AAPL:150.25x10;TSLA:266.72x5
```
- This example represents a portfolio named "Portfolio1" with two buy commands:
- 10 shares of AAPL bought at $150.25.
- 5 shares of TSLA bought at $266.72.
- Repeat for additional portfolios (e.g., `Portfolio2`, `Portfolio3`, etc.), each in its own input field.
- You can add multiple buy commands for the same stock within a portfolio by including additional entries (e.g., `AAPL:160.50x20`).
3. **Apply Settings**:
- Save the settings to apply the portfolio data to the chart.
- The indicator will calculate and display the PNL based on the current market prices of the entered stocks.
4. **Monitor PNL**:
- View the profit and loss for each portfolio directly on the chart, with customizable display options (e.g., table, labels, or graphical overlays, depending on indicator settings).
## Input Format
Each portfolio’s data must be entered manually in the indicator’s settings dialog, with one input field per portfolio. The format is as follows:
```
PortfolioName:StockTicker:BuyPricexBuyAmount;StockTicker:BuyPricexBuyAmount
```
- **PortfolioName**: A unique name for the portfolio (e.g., `Portfolio1`, `Growth`, `Tech`).
- **StockTicker**: The stock symbol (e.g., `AAPL`, `GOOGL`).
- **BuyPrice**: The purchase price per share (e.g., `150.25`).
- **BuyAmount**: The number of shares purchased (e.g., `10`).
- **Separator**: Use `:` to separate portfolio name, ticker, and buy data; `x` to separate price and amount; and `;` to separate multiple stock entries.
**Example Input for Multiple Portfolios**:
- Portfolio 1:
```
GrowthPortfolio:AAPL:150.25x10;TSLA:266.72x5;MSFT:305.10x8
```
- Portfolio 2:
```
DividendPortfolio:KO:55.20x50;PG:145.30x30
```
Companion Tool
To simplify portfolio management, use the **SBC Portfo Manager** desktop app (available separately). This tool allows Hebrew-speaking users to create, edit, and export portfolio data in the correct format, which can then be copied and pasted into the indicator’s settings. Note: The SBC Portfo Manager is an independent tool and not affiliated with TradingView.
Notes
- **Hebrew Support**: Instructions and labels in the settings dialog are optimized for Hebrew users, ensuring clarity and ease of use.
- **Unlimited Flexibility**: Add as many stocks and buy commands as needed per portfolio, with no upper limit.
- **Manual Input**: Portfolio data must be entered manually in the settings dialog. Ensure the format is correct to avoid errors.
- **Compatibility**: Works with any stock ticker supported by TradingView.
Disclaimer
The SBC Portfo PNL Indicator is an independent tool created to assist Hebrew-speaking traders in tracking portfolio performance. It is **not** affiliated with TradingView. Always verify your portfolio data and consult with a financial advisor before making trading decisions.
Support
For questions, issues, or feature requests, please contact the developer via TradingView or check the (github.com) for additional resources.
License
This indicator is provided under the Attribution-NonCommercial 4.0 International license. Please review the terms on the GitHub repository or contact the developer for details.
Bitcoin Power Law Bayesian Fit with Residual HistogramTitle: Bayesian Bitcoin Power Law Indicator with Residuals Histogram
Description:
This Pine Script implements a Bitcoin (BTC) price indicator based on a power-law relationship between BTC price and time, modeled using Bayesian regression.
Bayesian regression is one of the most robust regression methods.
The indicator provides a robust framework for understanding BTC price trends, highlighting key statistical levels, based on deviation from the power law trend and visualizing the bimodal nature of BTC price behavior through a residual distribution histogram (distribution of the deviation from the Bayesian power law trend).
Features:
Power Law Model with Confidence Levels:
Models BTC price as a power-law function of time using Bayesian regression, displaying the median trendline.
Includes multiple confidence intervals to reflect statistical uncertainty.
Plots a support power-law line, set at 2 standard deviations below the median trend, serving as a critical lower bound for price expectations.
Bimodal Residual Histogram:
Displays a histogram in a lower panel, illustrating the distribution of model residuals (difference between actual BTC price and the power-law model) over a default 100-day window (user-configurable). This is one of the most innovative components of this indicator because it highlights the current shape of the distribution of recent deviations.
Highlights the bimodal nature of BTC price behavior, with two distinct regimes:
Core Power Law: Represents periods (approximately 2 years) when BTC price closely follows the power-law trend, typically when below the median power-law line.
Turbulent Flow BTC: Captures periods when BTC price is above the median power-law line, exhibiting more chaotic, bull-run behavior.
The histogram provides a range of possible prices based on the observed residual distribution, aiding in probabilistic price forecasting.
These analogies with fluid dynamics are part of the power law framework based on parallels in financial physics.
Purpose:
This indicator is designed for traders and analysts seeking to understand BTC price dynamics through a statistically grounded power-law model. The confidence levels and support line offer clear benchmarks for trend and support analysis, while the bimodal histogram provides insight into whether BTC is in a stable "Core Power Law" phase or a volatile "Turbulent Flow" phase, enabling better decision-making based on market regime.
Usage Notes:
Use the histogram to determine whether BTC is in the Core Power Law (below the power-law trend) or Turbulent Flow (above the trend) regime to contextualize price behavior.
Adjust the residual window (default 100 days) to analyze different timeframes for the distribution.
The support power-law line (2 standard deviations below) serves as a critical level for identifying potential price floors.
BTC Breakout Alert📈 BTC Breakout & Fakeout Detector with Volume, RSI & MACD Filters
This script helps identify high-confidence breakout setups by combining price action, volume spikes, and optional momentum filters (RSI & MACD). It’s designed to alert you when Bitcoin (or any asset) breaks above a defined resistance level with strong conviction — and warns you if that move turns out to be a fakeout.
🔍 Features:
✅ Confirmed Breakout Alerts: Triggers when price closes above your set resistance level with volume ≥ 1.5× the 20-period average.
⚠️ Fakeout Detection: Highlights when price closes back below resistance within a few candles after breakout.
📊 Momentum Filters:
RSI > 50 for bullish confirmation
MACD line > signal line to support breakout momentum
🔔 Custom Alerts: Built-in alert conditions for both breakout and fakeout events.
🔼🔽 Visual Markers: Arrows plotted directly on the chart for clear entry and caution zones.
🕒 Works on all timeframes and any asset that includes volume data.
Ideal for breakout traders who want more than just a price spike — this tool ensures volume and momentum alignment, helping you reduce false signals and react with more confidence.
DECODE Multi SMA EMANo need to keep reconfiguring your moving averages. Set up to 10 moving averages, 5 x SMA and 5 x EMA, and optionally apply coloured shading between pairs. Once it's set up, just turn them on or off as needed!