Mulakan

Penunjuk dan strategi

Essa - Enhanced Fibonacci Confluence ToolkitA precision-engineered trading tool designed to identify high-probability reversal zones using price action alone. This version expands on traditional Fibonacci confluence techniques by integrating a multi-tiered market structure framework and advanced state management. Key Features: Fully automated CHoCH (Change of Character) detection Tiered market structure logic (Short, Intermediate, Long-Term) Dynamic Area of Interest (AOI) zone rendering Automatic Fibonacci retracement plotting from swing highs/lows Customisable Fibonacci levels (0% to 100%, including 23.6%, 61.8%, 65%, 78.6%) Real-time Fibonacci invalidation logic with on-chart alerts Bullish and bearish engulfing candle detection with structure-based filtering Configurable swing labels (◉, △▽, H/L) with size control Adjustable CHoCH line styles and widths Optional display of Fibonacci level labels Modular and efficient codebase with object-oriented architecture Originally inspired by the LuxAlgo Fibonacci Confluence Toolkit (v5). Credit to LuxAlgo for the foundational concept.
Penunjuk Pine Script®
oleh Essa02
3
Previous Day OHLC# Previous Day OHLC Levels Indicator ## Overview The Previous Day OHLC indicator is a simple yet powerful tool that plots the Open, High, Low, and Close levels from previous trading sessions. This indicator helps traders identify key support and resistance levels based on historical price action, making it easier to spot potential reversal zones and breakout levels. ## Key Features ### 📊 **Previous Day OHLC Levels** - Displays the Open, High, Low, and Close prices from 1-5 days ago - Lines automatically extend to the right for easy visualization - Updates daily to show the most relevant levels ### 🎨 **Fully Customizable Styling** - **Individual Line Colors**: Choose unique colors for each OHLC level - **Line Styles**: Select from Solid, Dashed, or Dotted lines for each level - **Line Width**: Adjust thickness from 1-4 pixels for better visibility - **Price Labels**: Display actual price values on each line with customizable sizing ### ⚙️ **Flexible Settings** - **Lookback Period**: Choose to display levels from 1-5 days ago (maximum safety limit) - **Label Control**: Toggle price labels on/off and adjust their size - **Performance Optimized**: Clean code that won't slow down your charts ## How to Use 1. **Add to Chart**: Apply the indicator to any timeframe chart 2. **Customize Settings**: Adjust colors, styles, and lookback period to your preference 3. **Identify Levels**: Use the plotted lines as potential support/resistance zones 4. **Trade Setup**: Look for price reactions at these key levels for entry/exit signals ## Best Practices - **Day Trading**: Use 1-day lookback for intraday support/resistance - **Swing Trading**: Extend lookback to 2-5 days for broader context - **Multi-Timeframe**: Combine with other timeframe analysis for confirmation - **Risk Management**: Use these levels for stop-loss and take-profit placement ## Color Coding (Default) - **Open**: Blue - Starting price of the previous session - **High**: Green - Highest price reached - **Low**: Red - Lowest price reached - **Close**: Orange - Final price of the session ## Why This Indicator Works Previous day OHLC levels are among the most watched price points by professional traders. These levels often act as: - **Support/Resistance**: Price tends to react at these historical levels - **Breakout Confirmation**: Strong moves beyond these levels can signal trend continuation - **Reversal Zones**: Price often bounces from these key levels - **Psychological Levels**: Market participants remember these important price points ## Technical Specifications - **Pine Script Version**: v6 - **Overlay**: Yes (plots directly on price chart) - **Performance**: Optimized for smooth chart operation - **Compatibility**: Works on all timeframes and instruments Perfect for traders of all experience levels who want to incorporate previous day levels into their technical analysis toolkit!
Penunjuk Pine Script®
oleh IndicatorCraft
Essa's Sessions IndicatorOverview This powerful tool is designed to visually map out the key trading sessions: Asia, London, and New York directly on your chart. By highlighting these periods and plotting their respective highs and lows, it helps you identify critical price levels, gauge market sentiment, and pinpoint potential breakout opportunities with ease. What It Does Visualizes Key Trading Sessions: Automatically draws colored backgrounds for the Asia, London, and New York sessions to show you exactly when the most important market activity is happening. Plots Session Highs & Lows: Displays precise horizontal lines for the highest and lowest prices reached during each session, acting as key support and resistance levels. Dual Timezone Mode: Easily switch between London (GMT/BST) and New York (EST/EDT) timezones with a single click. The indicator automatically adjusts all session times for you, ensuring accuracy no matter where you are. Interactive & Informative Labels: Hover over any session high or low label to see a detailed tooltip containing: The exact price level. The session's price range (calculated in pips or points). The total daily price range for broader context. A simple volatility gauge (from "Low Vol 😴" to "High Vol 🔥"). Customizable Alerts: Enable breakout alerts to receive instant notifications the moment the price closes above a session high or below a session low. Simple, powerful, and highly informative, this indicator is an essential tool for traders looking to build strategies around session-based price action.
Penunjuk Pine Script®
oleh Essa02
Session VWAPsThis indicator plots volume-weighted average price (VWAP) lines for three major trading sessions: Tokyo, London, and New York. Each VWAP resets at the start of its session and tracks the average price weighted by volume during that window. You can choose the exact session times, turn individual sessions on or off, and optionally extend each VWAP line until the end of the trading day. It’s designed to give you a clear view of how price is behaving relative to session-specific value areas. This can help in identifying session overlaps, shifts in price control, or whether price is holding above or below a particular session’s average. The indicator supports futures-style day rollovers and works across markets.
Penunjuk Pine Script®
oleh peakintent
National Financial Conditions Index (NFCI)This is one of the most important macro indicators in my trading arsenal due to its reliability across different market regimes. I'm excited to share this with the TradingView community because this Federal Reserve data is not only completely free but extraordinarily useful for portfolio management and risk assessment. **Important Disclaimers**: Be aware that some NFCI components are updated only monthly but carry significant weighting in the composite index. Additionally, the Fed occasionally revises historical NFCI data, so historical backtests should be interpreted with some caution. Nevertheless, this remains a crucial leading indicator for financial stress conditions. --- ## What is the National Financial Conditions Index? The National Financial Conditions Index (NFCI) is a comprehensive measure of financial stress and liquidity conditions developed by the Federal Reserve Bank of Chicago. This indicator synthesizes over 100 financial market variables into a single, interpretable metric that captures the overall state of financial conditions in the United States (Brave & Butters, 2011). **Key Principle**: When the NFCI is positive, financial conditions are tighter than average; when negative, conditions are looser than average. Values above +1.0 historically coincide with financial crises, while values below -1.0 often signal bubble-like conditions. ## Scientific Foundation & Research The NFCI methodology is grounded in extensive academic research: ### Core Research Foundation - **Brave, S., & Butters, R. A. (2011)**. "Monitoring financial stability: A financial conditions index approach." *Economic Perspectives*, 35(1), 22-43. - **Hatzius, J., Hooper, P., Mishkin, F. S., Schoenholtz, K. L., & Watson, M. W. (2010)**. "Financial conditions indexes: A fresh look after the financial crisis." *US Monetary Policy Forum Report*, No. 23. - **Kliesen, K. L., Owyang, M. T., & Vermann, E. K. (2012)**. "Disentangling diverse measures: A survey of financial stress indexes." *Federal Reserve Bank of St. Louis Review*, 94(5), 369-397. ### Methodological Validation The NFCI employs Principal Component Analysis (PCA) to extract common factors from financial market data, following the methodology established by **English, W. B., Tsatsaronis, K., & Zoli, E. (2005)** in "Assessing the predictive power of measures of financial conditions for macroeconomic variables." The index has been validated through extensive academic research (Koop & Korobilis, 2014). ## NFCI Components Explained This indicator provides access to all five official NFCI variants: ### 1. **Main NFCI** The primary composite index incorporating all financial market sectors. This serves as the main signal for portfolio allocation decisions. ### 2. **Adjusted NFCI (ANFCI)** Removes the influence of credit market disruptions to focus on non-credit financial stress. Particularly useful during banking crises when credit markets may be impaired but other financial conditions remain stable. ### 3. **Credit Sub-Index** Isolates credit market conditions including corporate bond spreads, commercial paper rates, and bank lending standards. Important for assessing corporate financing stress. ### 4. **Leverage Sub-Index** Measures systemic leverage through margin requirements, dealer financing, and institutional leverage metrics. Useful for identifying leverage-driven market stress. ### 5. **Risk Sub-Index** Captures market-based risk measures including volatility, correlation, and tail risk indicators. Provides indication of risk appetite shifts. ## Practical Trading Applications ### Portfolio Allocation Framework Based on the academic research, the NFCI can be used for portfolio positioning: **Risk-On Positioning (NFCI declining):** - Consider increasing equity exposure - Reduce defensive positions - Evaluate growth-oriented sectors **Risk-Off Positioning (NFCI rising):** - Consider reducing equity exposure - Increase defensive positioning - Favor large-cap, dividend-paying stocks ### Academic Validation According to **Oet, M. V., Eiben, R., Bianco, T., Gramlich, D., & Ong, S. J. (2011)** in "The financial stress index: Identification of systemic risk conditions," financial conditions indices like the NFCI provide early warning capabilities for systemic risk conditions. **Illing, M., & Liu, Y. (2006)** demonstrated in "Measuring financial stress in a developed country: An application to Canada" that composite financial stress measures can be useful for predicting economic downturns. ## Advanced Features of This Implementation ### Dynamic Background Coloring - **Green backgrounds**: Risk-On conditions - potentially favorable for equity investment - **Red backgrounds**: Risk-Off conditions - time for defensive positioning - **Intensity varies**: Based on deviation from trend for nuanced risk assessment ### Professional Dashboard Real-time analytics table showing: - Current NFCI level and interpretation (TIGHT/LOOSE/NEUTRAL) - Individual sub-index readings - Change analysis - Portfolio guidance (Risk On/Risk Off) ### Alert System Professional-grade alerts for: - Risk regime changes - Extreme stress conditions (NFCI > 1.0) - Bubble risk warnings (NFCI < -1.0) - Major trend reversals ## Optimal Usage Guidelines ### Best Timeframes - **Daily charts**: Recommended for intermediate-term positioning - **Weekly charts**: Suitable for longer-term portfolio allocation - **Intraday**: Less effective due to weekly update frequency ### Complementary Indicators For enhanced analysis, combine NFCI signals with: - **VIX levels**: Confirm stress readings - **Credit spreads**: Validate credit sub-index signals - **Moving averages**: Determine overall market trend context - **Economic surprise indices**: Gauge fundamental backdrop ### Position Sizing Considerations - **Extreme readings** (|NFCI| > 1.0): Consider higher conviction positioning - **Moderate readings** (|NFCI| 0.3-1.0): Standard position sizing - **Neutral readings** (|NFCI| < 0.3): Consider reduced conviction ## Important Limitations & Considerations ### Data Frequency Issues **Critical Warning**: While the main NFCI updates weekly (typically Wednesdays), some underlying components update monthly. Corporate bond indices and commercial paper rates, which carry significant weight, may cause delayed reactions to current market conditions. **Component Update Schedule:** - **Weekly Updates**: Main NFCI composite, most equity volatility measures - **Monthly Updates**: Corporate bond spreads, commercial paper rates - **Quarterly Updates**: Banking sector surveys - **Impact**: Significant portion of index weight may lag current conditions ### Historical Revisions The Federal Reserve occasionally revises NFCI historical data as new information becomes available or methodologies are refined. This means backtesting results should be interpreted cautiously, and the indicator works best for forward-looking analysis rather than precise historical replication. ### Market Regime Dependency The NFCI effectiveness may vary across different market regimes. During extended sideways markets or regime transitions, signals may be less reliable. Consider combining with trend-following indicators for optimal results. **Bottom Line**: Use NFCI for medium-term portfolio positioning guidance. Trust the directional signals while remaining aware of data revision risks and update frequency limitations. This indicator is particularly valuable during periods of financial stress when reliable guidance is most needed. --- **Data Source**: Federal Reserve Bank of Chicago **Update Frequency**: Weekly (typically Wednesdays) **Historical Coverage**: 1973-present **Cost**: Free (public Fed data) *This indicator is for educational and analytical purposes. Always conduct your own research and risk assessment before making investment decisions.* ## References Brave, S., & Butters, R. A. (2011). Monitoring financial stability: A financial conditions index approach. *Economic Perspectives*, 35(1), 22-43. English, W. B., Tsatsaronis, K., & Zoli, E. (2005). Assessing the predictive power of measures of financial conditions for macroeconomic variables. *BIS Papers*, 22, 228-252. Hatzius, J., Hooper, P., Mishkin, F. S., Schoenholtz, K. L., & Watson, M. W. (2010). Financial conditions indexes: A fresh look after the financial crisis. *US Monetary Policy Forum Report*, No. 23. Illing, M., & Liu, Y. (2006). Measuring financial stress in a developed country: An application to Canada. *Bank of Canada Working Paper*, 2006-02. Kliesen, K. L., Owyang, M. T., & Vermann, E. K. (2012). Disentangling diverse measures: A survey of financial stress indexes. *Federal Reserve Bank of St. Louis Review*, 94(5), 369-397. Koop, G., & Korobilis, D. (2014). A new index of financial conditions. *European Economic Review*, 71, 101-116. Oet, M. V., Eiben, R., Bianco, T., Gramlich, D., & Ong, S. J. (2011). The financial stress index: Identification of systemic risk conditions. *Federal Reserve Bank of Cleveland Working Paper*, 11-30.
Penunjuk Pine Script®
oleh EdgeTools
2
Divergence Strategy [Trendoscope®]🎲 Overview The Divergence Strategy is a sophisticated TradingView strategy that enhances the Divergence Screener by adding automated trade signal generation, risk management, and trade visualization. It leverages the screener’s robust divergence detection to identify bullish, bearish, regular, and hidden divergences, then executes trades with precise entry, stop-loss, and take-profit levels. Designed for traders seeking automated trading solutions, this strategy offers customizable trade parameters and visual feedback to optimize performance across various markets and timeframes. For core divergence detection features, including oscillator options, trend detection methods, zigzag pivot analysis, and visualization, refer to the Divergence Screener documentation. This description focuses on the strategy-specific enhancements for automated trading and risk management. 🎲 Strategy Features 🎯Automated Trade Signal Generation Trade Direction Control : Restrict trades to long-only or short-only to align with market bias or strategy goals, preventing conflicting orders. Divergence Type Selection : Choose to trade regular divergences (bullish/bearish), hidden divergences, or both, targeting reversals or trend continuations. Entry Type Options : Cautious : Enters conservatively at pivot points and exits quickly to minimize risk exposure. Confident : Enters aggressively at the latest price and holds longer to capture larger moves. Mixed : Combines conservative entries with delayed exits for a balanced approach. Market vs. Stop Orders: Opt for market orders for instant execution or stop orders for precise price entry. 🎯 Enhanced Risk Management Risk/Reward Ratio : Define a risk-reward ratio (default: 2.0) to set profit targets relative to stop-loss levels, ensuring consistent trade sizing. Bracket Orders : Trades include entry, stop-loss, and take-profit levels calculated from divergence pivot points, tailored to the entry type and risk-reward settings. Stop-Loss Placement : Stops are strategically set (e.g., at recent pivot or last price point) based on entry type, balancing risk and trade validity. Order Cancellation : Optionally cancel pending orders when a divergence is broken (e.g., price moves past the pivot in the wrong direction), reducing invalid trades. This feature is toggleable for flexibility. 🎯 Trade Visualization Target and Stop Boxes : Displays take-profit (lime) and stop-loss (orange) levels as boxes on the price chart, extending 10 bars forward for clear visibility. Dynamic Trade Updates : Trade visualizations are added, updated, or removed as trades are executed, canceled, or invalidated, ensuring accurate feedback. Overlay Integration : Trade levels overlay the price chart, complementing the screener’s oscillator-based divergence lines and labels. 🎯 Strategy Default Configuration Capital and Sizing : Set initial capital (default: $1,000,000) and position size (default: 20% of equity) for realistic backtesting. Pyramiding : Allows up to 4 concurrent trades, enabling multiple divergence-based entries in trending markets. Commission and Margin : Accounts for commission (default: 0.01%) and margin (100% for long/short) to reflect trading costs. Performance Optimization : Processes up to 5,000 bars dynamically, balancing historical analysis and real-time execution. 🎲 Inputs and Configuration 🎯Trade Settings Direction : Select Long or Short (default: Long). Divergence : Trade Regular, Hidden, or Both divergence types (default: Both). Entry/Exit Type : Choose Cautious, Confident, or Mixed (default: Cautious). Risk/Reward : Set the risk-reward ratio for profit targets (default: 2.0). Use Market Order : Enable market orders for immediate entry (default: false, uses limit orders). Cancel On Break : Cancel pending orders when divergence is broken (default: true). 🎯Inherited Settings The strategy inherits all inputs from the Divergence Screener, including: Oscillator Settings : Oscillator type (e.g., RSI, CCI), length, and external oscillator option. Trend Settings : Trend detection method (Zigzag, MA Difference, External), MA type, and length. Zigzag Settings : Zigzag length (fixed repaint = true). 🎲 Entry/Exit Types for Divergence Scenarios The Divergence Strategy offers three Entry/Exit Type options—Cautious, Confident, and Mixed—which determine how trades are entered and exited based on divergence pivot points. This section explains how these settings apply to different divergence scenarios, with placeholders for screenshots to illustrate each case. The divergence pattern forms after 3 pivots. The stop and entry levels are formed on one of these levels based on Entry/Exit types. 🎯Bullish Divergence (Reversal) A bullish divergence occurs when price forms a lower low, but the oscillator forms a higher low, signaling a potential upward reversal. 💎 Cautious: Entry : At the pivot high point for a conservative entry. Exit : Stop-loss at the last pivot point (previous low that is higher than the current pivot low); take-profit at risk-reward ratio. Canceled if price breaks below the pivot (if Cancel On Break is enabled). Behavior : Enters after confirmation and exits quickly to limit downside risk. 💎Confident: Entry : At the last pivot low, (previous low which is higher than the current pivot low) for an aggressive entry. Exit : Stop-loss at recent pivot low, which is the lowest point; take-profit at risk-reward ratio. Canceled if price breaks below the pivot. (lazy exit) Behavior : Enters early to capture trend continuation, holding longer for gains. 💎Mixed: Entry : At the pivot high point (conservative). Exit : Stop-loss at the recent pivot point that has resulted in lower low (lazy exit). Canceled if price breaks below the pivot. Behavior : Balances entry caution with extended holding for trend continuation. 🎯Bearish Divergence (Reversal) A bearish divergence occurs when price forms a higher high, but the oscillator forms a lower high, indicating a potential downward reversal. 💎Cautious: Entry : At the pivot low point (lower high) for a conservative short entry. Exit : Stop-loss at the previous pivot high point (previous high); take-profit at risk-reward ratio. Canceled if price breaks above the pivot (if Cancel On Break is enabled). Behavior : Enters conservatively and exits quickly to minimize risk. 💎Confident: Entry : At the last price point (previous high) for an aggressive short entry. Exit : Stop-loss at the pivot point; take-profit at risk-reward ratio. Canceled if price breaks above the pivot. Behavior : Enters early to maximize trend continuation, holding longer. 💎Mixed: Entry : At the previous piot high point (conservative). Exit : Stop-loss at the last price point (delayed exit). Canceled if price breaks above the pivot. Behavior : Combines conservative entry with extended holding for downtrend gains. 🎯Bullish Hidden Divergence (Continuation) A bullish hidden divergence occurs when price forms a higher low, but the oscillator forms a lower low, suggesting uptrend continuation. In case of Hidden bullish divergence, b]Entry is always on the previous pivot high (unless it is a market order) 💎Cautious: Exit : Stop-loss at the recent pivot low point (higher than previous pivot low); take-profit at risk-reward ratio. Canceled if price breaks below the pivot (if Cancel On Break is enabled). Behavior : Enters after confirmation and exits quickly to limit downside risk. 💎Confident: Exit : Stop-loss at previous pivot low, which is the lowest point; take-profit at risk-reward ratio. Canceled if price breaks below the pivot. (lazy exit) Behavior : Enters early to capture trend continuation, holding longer for gains. 🎯Bearish Hidden Divergence (Continuation) A bearish hidden divergence occurs when price forms a lower high, but the oscillator forms a higher high, suggesting downtrend continuation. In case of Hidden Bearish divergence, b]Entry is always on the previous pivot low (unless it is a market order) 💎Cautious: Exit : Stop-loss at the latest pivot high point (which is a lower high); take-profit at risk-reward ratio. Canceled if price breaks above the pivot (if Cancel On Break is enabled). Behavior : Enters conservatively and exits quickly to minimize risk. 💎Confident/Mixed: Exit : Stop-loss at the previous pivot high point; take-profit at risk-reward ratio. Canceled if price breaks above the pivot. Behavior : Uses the late exit point to hold longer. 🎲 Usage Instructions 🎯Add to Chart: Add the Divergence Strategy to your TradingView chart. The oscillator and divergence signals appear in a separate pane, with trade levels (target/stop boxes) overlaid on the price chart. 🎯Configure Settings: Adjust trade settings (direction, divergence type, entry type, risk-reward, market orders, cancel on break). Modify inherited Divergence Screener settings (oscillator, trend method, zigzag length) as needed. Enable/disable alerts for divergence notifications. 🎯Interpret Signals: Long Trades: Triggered on bullish or bullish hidden divergences (if allowed), shown with green/lime lines and labels. Short Trades: Triggered on bearish or bearish hidden divergences (if allowed), shown with red/orange lines and labels. Monitor lime (target) and orange (stop) boxes for trade levels. Review strategy performance metrics (e.g., profit/loss, win rate) in the strategy tester. 🎯Backtest and Optimize: Use TradingView’s strategy tester to evaluate performance on historical data. Fine-tune risk-reward, entry type, position sizing, and cancellation settings to suit your market and timeframe. For questions, suggestions, or support, contact Trendoscope via TradingView or official support channels. Stay tuned for updates and enhancements to the Divergence Strategy!
Strategi Pine Script®
oleh Trendoscope
1
CPR by myBiniyogThis is a clean, professional CPR (Central Pivot Range) + Pivot Points indicator built using Pine Script v6. 🔹 What it plots: • Central Pivot Range (Pivot, TC, BC) • Daily, Weekly, and Monthly pivot levels • Classic Support (S1, S2, S3) and Resistance (R1, R2, R3) 🔹 Customization: • Enable/disable CPR or pivot levels separately • Toggle weekly and monthly pivot visibility • Color-coded: Blue for CPR, Green for supports, Red for resistances • Weekly levels are plotted as crosses, monthly as circles 🔹 Trading Ideas: • Narrow CPR suggests breakout potential • Price above CPR = bullish bias, below CPR = bearish • Use pivot levels for intraday support/resistance reference 🎯 Ideal for intraday, swing, and positional traders looking to track dynamic support-resistance zones using CPR-based logic. Built with ❤️ by **myBiniyog** ⚠️ For educational use only. This indicator does not provide buy/sell signals or investment advice.
Penunjuk Pine Script®
oleh myBiniyogofficial
1
BG 3:00 / 2:00 Candle High/Low LinesBG 3:00 Candle High/Low Lines This indicator highlights the high and low of the 1-hour candle exactly at 3:00 AM Bulgarian local time (EET/EEST). Horizontal lines are drawn at these levels and extended 5 hours forward, providing clear visualization of key daily levels. Key Features: Automatically adjusts for Bulgarian local time, including daylight saving time changes. Marks only the 3:00 AM candle on the 1-hour chart for a clean and focused view. Allows customizable colors for the high and low lines separately. Lines extend 5 hours ahead to aid in tracking important support and resistance levels. Ideal for traders analyzing the Bulgarian market or anyone interested in monitoring the 3:00 AM Europe/Sofia time frame. Use this tool to identify crucial price levels aligned with Bulgarian time and enhance your intraday trading strategy.
Penunjuk Pine Script®
oleh SaintGeorge
RSI + Fibonacci Bollinger BandsIn the current context of the cryptocurrency market, the search for effective trading strategies has become an imperative for investors. In this regard, developing completely new and innovative scripts in TradingView, with a high probability of profit, represents a stimulating challenge. The following is a proposed strategy that, while it may integrate existing elements of the TradingView ecosystem, establishes a distinctive and avant-garde approach to analyzing the price of Bitcoin against Tether (USDT). The essence of this script lies in the combination of analytical tools that are not usually joined in common practice. One can start from traditional indicators, such as Bollinger Bands and the Relative Strength Index (RSI), but their implementation must be revisited to obtain an unprecedented result. Instead of using these indicators conventionally, it is suggested to create an adaptive divergence indicator that not only detects overbought or oversold conditions, but also adjusts its parameters based on the recent volatility of the market. The proposal focuses on a system that uses a 50-period exponential moving average as a baseline, combined with Bollinger Bands to establish support and resistance levels. However, instead of simply observing the breaking of these bands, buy and sell signals would be implemented based on corroborations from the volatility-adjusted RSI. This approach would allow capturing trend changes more efficiently and with minimal delay in the execution of orders. In addition, an alert system could be included that notifies the trader of divergences between the price and the RSI, which could increase the chances of anticipating crucial movements in the market. The implementation of this functionality would be carried out through the use of Pine Script version 6, which would guarantee optimized and modern code. In conclusion, the creation of an innovative script for analyzing the price of Bitcoin against USDT in TradingView should focus on the development of synergistic strategies that transcend conventional methods. The combination of well-established indicators, adapted to the dynamic conditions of the market, can offer traders a valuable tool in their arsenal. Innovation, in this area, is essential to adapt to a constantly changing environment and maximize profit opportunities.
Penunjuk Pine Script®
oleh Baticoin_Supplied
Weekend Trap Weekend Trap Indicator A comprehensive weekend range analysis tool designed to identify and track low-liquidity weekend price movements with advanced market maker detection. What is the Weekend Trap? The Weekend Trap refers to price ranges established during low-liquidity weekend periods (Saturday 5:00 AM to Monday 5:00 AM Perth time) when institutional trading is minimal. Key Features 📊 Weekend Range Detection Automatically identifies weekend periods based on Perth timezone Creates visual rectangles showing weekend high/low ranges Displays 50% midline for key pivot levels Configurable range cutoff (default: Sunday 3:00 PM) 🎯 Advanced Market Maker Detection PVSRA-style volume analysis for institutional activity identification 4-color coding system: 🟢 Lime: 200% Bull volume (Peak volume + bullish candle) 🔴 Red: 200% Bear volume (Peak volume + bearish candle) 🔵 Blue: 150% Bull volume (Rising volume + bullish candle) 🟣 Fuchsia: 150% Bear volume (Rising volume + bearish candle) Weighted volume calculation for better peak detection Circles positioned above bars for clear visualization 📈 Range Analytics Clean range labels showing: Absolute price range Percentage movement Historical analysis with configurable lookback period Current weekend tracking with real-time updates Settings Overview Core Settings Weeks to Backtest (1-52): Number of completed weekends to display Show Weekend Trap Rectangles: Toggle rectangle visibility Use Wicks for Rectangle Height: Include wicks vs. body-only ranges Sunday Range Cutoff Hour: When to stop updating weekend range Visual Customization Rectangle colors and borders Market maker marker sizes (tiny to large) PVSRA color scheme for different volume levels Label display options Market Maker Detection Automatic PVSRA analysis during weekend periods 150% threshold: Volume ≥ 150% of 10-period average 200% threshold: Volume ≥ 200% of average OR weighted volume peak Real-time detection with immediate visual feedback How to Use Add to your chart (works on any timeframe, recommended: 1H-4H) Set your preferred lookback period (default: 4 weeks) Observe weekend ranges and note market maker activity Monitor volume spikes indicated by colored circles Analysis Applications Weekend Range Analysis Identify price ranges during low-liquidity periods Track historical weekend price movements Analyze range size and frequency patterns Market Maker Detection Identify institutional accumulation/distribution Spot manipulation during low-liquidity periods Analyze volume patterns and anomalies Historical Pattern Recognition Weekend range comparison across multiple periods Multiple timeframe analysis capability Volume pattern identification Technical Details Timezone: Australia/Perth (GMT+8) Weekend Period: Saturday 5:00 AM → Monday 5:00 AM Volume Analysis: 10-period moving average baseline Weighted Volume: Volume × (High - Low) for peak detection Object Management: Automatic cleanup based on lookback period Best Practices Use on liquid markets (major forex pairs, crypto, indices) Adjust lookback period based on analysis timeframe Monitor during Asia-Pacific trading hours for best results Consider fundamental events that may affect weekend gaps Credits Volume analysis inspired by PVSRA (Price Volume Spread Range Analysis) methodology for institutional activity detection. This indicator is designed for educational and analysis purposes.
Penunjuk Pine Script®
oleh Bids2025
Previous Day OHLC + Open MarkerPrevious Day OHLC + Open Marker This indicator is designed to help traders quickly identify the most important price levels from the previous trading session and today’s open. It provides a clean and configurable overlay of the previous day’s OHLC (Open, High, Low, Close) along with the current day's opening price, making it easy to spot price reactions, liquidity sweeps, and confluence zones. 📌 Key Features ✅ Previous Day OHLC Lines Plots horizontal lines for High (H), Low (L), Open (O), and Close (C) from the previous session Each line is independently toggleable Fully customizable in color, transparency, and thickness ✅ Today's Session Open (DO) Marks the current day's opening price Helps identify directional bias, trend/momentum shifts, or mean-reversion points ✅ Minimalist Labels for Clarity Text-only labels like H, L, O, C, and DO — no bulky label boxes Color-matched to each line for visual simplicity Optional display to keep charts clean ✅ Session-Based Highlight Zone Optionally highlights the area between the previous day’s High and Low with a shaded box Useful for identifying the day’s value area or range breakouts ✅ Smart Alerts Receive alerts when price crosses any of the levels: PDH, PDL, PDO, PDC, or Today’s Open Helps you catch key interactions without watching the chart constantly 🧠 Ideal For Intraday traders using VWAP, order blocks, or liquidity concepts Swing traders who want to see how current price relates to prior structure Scalpers looking for clean levels to enter fades, reversals, or breakouts Anyone applying institutional trading concepts (PDH/PDL sweeps, FVGs, BPRs, etc.) ⚙️ Customization Options Toggle each level (H/L/O/C/DO) individually Show or hide labels and highlight zone Customize color, line thickness, and transparency Clean layout — no line extensions across the entire chart 🧼 Design Philosophy This script was created for clarity, speed, and minimalism. It avoids clutter while preserving all the crucial context price action traders need. Labels are informative but unobtrusive, and alerts help automate level tracking. 🛠 Built with Pine Script v5 🔔 Alerts Included 📊 Optimized for both intraday and swing trading 📦 Lightweight and modular by design
Penunjuk Pine Script®
oleh jochacko11
Custom MA 5-Line Tool (Fully Adjustable)功能 說明 週期可調 每條線的天數可自訂（3、5、8、13、21 或其他） 可切換類型 可選擇 SMA 或 EMA 線條顏色粗細 每條線都可設定顏色與粗細 顯示控制 可選擇是否顯示每條均線 Feature Description Custom Periods MA periods (default: 3, 5, 8, 13, 21) can be manually adjusted Type Selection Choose between SMA or EMA for each line individually Visibility Control Enable or disable any moving average line Color & Thickness Settings Customize the color and line width for each MA
Penunjuk Pine Script®
oleh joy741147