Daily Algo LevelsQuickly plot stoo's algo levels. Gives option to expand range based on algo error formula. Gives option to display suggested entry points.
Cari dalam skrip untuk "algo"
Trendsurfer - A new type of moving average algorithmUsing a new type of lag reducing moving average algorithm, this indicator adapts it's sensitivity based on the strength of the trend and the volatility of the asset.
In doing so, signals can be given extremely fast during favorable market conditions. False signals can still appear, so visual confirmation/judgement is required before taking a trade.
The indicator:
Trend Bias Moving average . Thick green and orange line shows us trend bias.
- If the moving average is green, then the average price level is above the moving average = overall bullish conditions.
- As the moving average draws closer to price, or is straight, conditions are changing
- If the moving average is orange, then the average price level is below the moving average = overall bearish conditions.
Dual lag reduced instantaneous moving average.
This moving average is adaptive and fast, and will give buy and sell signals on crossover with price (EMA 6).
Buy and sell signals are shown visually using up and down arrow.
IMPORTANT: To filter out false signals, check other MA's like the 50 period hull moving average (dotted plot) for visual confirmation.
Furthermore, Significant support and resistance levels can be found on the right, shown as dotted horizontal lines. The importance of these levels is calculated based on the strength of the support/rejection, the volume, and the amount of times resistance and support was tested.
The location of the nearest moving averages below and above is also included as further potential support and resistance.
What to watch out for a good entry
- Watch for price to break out of the gray zone, and/or successfully retest it for a great entry.
Make your own decisions and never solely rely on a tool that should only be giving you an "indication".
Happy Trading,
MM
Trend Momentum AlgorithmThis algorithm comes from 2 inverse fisher transforms of a williams %R. After experimenting. I found that this is useful to understand the momentum of chart.
If green, only look for buy opportunities, if red, look for sells. If gray, look for whatever the previous colour was.
Can be useful with divergence. I'd look at a lower timeframe for confirmation (if divergence suggests turning bearish look for red on a lower timeframe. Be aware of the momentum on the timeframe above)
I put a tolerance filer on to help remove any smaller spikes. The larger the tolerance the less inaccuracies you will have but see the start of an new trend later.
This is a fun tool. Enjoy
Reversal Algo (Expo)"It has never been easier to find high probability trades"
Reversal Algo (Expo) is an automated Reversal System that analyzes the market in real-time and identifies high probability short term and long term trend reversal- and scalping signals as well as key market zones, and trends. The adaptive and unique reversal bands act as support & resistance zones, and together with the trend tracking feature, it serves as a trend confirmation. The system does also comes with a Top & Bottom finder that detects potential tops and bottoms that can be used as scalping entries or take profit points.
This Reversal System is developed to catch both short term and long term trend reversal and provide clarity in the current trend direction. The system aims to make it easier to come in early in a new trend as well as to stay longer in that trend. One of the main features is that the system has already filtered out false and choppy signals and aims to leave the most accurate ones.
One of the main goals was to make a system that works well without having Heiken Ashi candles. However, if you apply the system to Heiken Ashi candles you will have an additional layer of noise filtering.
Key differences between Trend Algo and Reversal Algo are that Reversal Algo is more responsive to price action and has a dynamic and adaptive Reversal cloud. The Reversal Algo does also has the tops/bottoms finder. These two systems can be used together.
The user can enable the following:
ATR Trailing Stop - Helps to identify the trend as well as where to have your stop loss.
Trend Tracking Line - Helps to identify Strong trends and areas of trend reversals.
Trend Steps- Helps to highlight where the current trend direction has found a new base.
Reversal Band - Helps to identify the trading range, strong trends, and areas of reversals.
Trend Scalping Dots - Helps to keep track of the short term price action.
Noise- and Signal filters:
Depending on your trading style you can choose between different trend filters and signals sensitivities.
Real-Time Alerts
No Repainting
Works on any market and in any timeframe
The indicator can be used standalone or as a part of your current trading strategy.
HOW TO USE
Use the indicator to identify reversal signals.
Use the indicator to identify trends.
Use the indicator to identify tops & bottoms signals.
Use the indicator to identify scalping signals.
INDICATOR IN ACTION
1-hour chart
Top/Bottom Finder
1-hour chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
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Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/strategies/ideas are only for educational purposes!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
TradeMagna™ Timing Algo V2.5Over the years we've come up with three of the most profound problems that most traders struggle with:
1- when to take profits?!
2- how to hold my winning positions without overly thinking?
3- how can I get a trading system without conflicting indicators?
What makes TradeMagna Algo very unique is that it emphasizing the act of taking profit and be steady for the next position, and when you have a winning position it will let you keep it without overly thinking about closing it every while!
The main features you will find in our TradeMagna Algo V2 are standard buy&sell signals, strong signals, and candlestick coloring. All of these features don’t contradict each other but otherwise complement each other in an unprecedented way to be used as a complete trading system!
TradeMagna algo can identify synchronized trends “trend periods” and unsynchronized trends “ranging periods” when taking profits happens through range breakouts and multiple indicators working together under the hood without contradicting each other. Strong signals (Green or Red "Strong" tags) will trigger when either standard signals turned strong "synchronized", or when a new trend signal has triggered from purple candles.
When you get purple candles, it means to take profit and be steady for the next signal to trigger, or "be cautious" in your current position if the last triggered signal was strong.
Trend identifying strategies typically fails when markets are ranging and triggers many false signals, and to overcome this as best as possible, our purple candles indicate when strong signals may not be heading in the right direction; and that's what we mean by "be cautious" in your position...
Strong signals are the only signals for entering long or short positions and all standard buy and sell signals activate purple candles until it gets synchronized, so then it's safe to trade.
TradeMagna can be used on any market, and you can use either standard candlesticks, Heikin Ashi Candles (recommended), or TradeMagna Noise Removal (highly recommended) for spotting trends better as a swing trader.
Our strategy is ideally used for swing traders on higher timeframes such as 4H, 12H, 1D, 2D, 3D, 1W, and even on very high timeframes with good past results such as 1M, 3M on instruments like Bitcoin, currencies, Gold, or the S&P500, etc...
per our disclaimer on our website, if you are using this script you acknowledge that past performance is not necessarily indicative of future results, and no script can 100% guarantee success in trading.
You can use the link below to visit our website and gain access to the script.
[astropark] ALGO Trading V1.2 [alarms]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator : the upgraded version of ALGO Trading V1 for Binance Bitcoin PERP on 15m timeframe!
It is runnable on a bot , just write me in order to help you do it.
If you are a scalper or you are a swing trader, you will love suggested entries for fast and long-lasting profit.
Keep in mind that a proper trailing stop strategy and risk management and money management strategies are very important (DM me if you need any clarification on these points).
This strategy has the following options:
enable/disable signals on chart
enable/disable bars and background coloring based on trend
enable/disable a Filter Noise option, which reduces overtrading
enable/disable a Trailing Stop option
enable/disable/config a Take Profit option, with Re-Entry
enable/disable a secret Smart Close Option which may improve profit on your chart (again, check it on you chart if it helps or not)
This strategy only trigger 1 buy (where to start a long trade) or 1 sell (for short trade). If you enable Take Profit / Stop Loss option, consider that many TP can be triggered before trend reversal, so take partial profit on every TP an eventually buy/sell back lower/higher on RE-ENTRY signal to maximize your profit.
This is not the "Holy Grail", so use proper money and risk management strategies.
This indicator will let you set all alerts you need in order to get notified whenever a new signal is triggered.
To check its backtesting, you should use the strategy version, that you can find by searching for "ALGO Trading V1.2" or here below:
You can check out previous ALGO Trading V1 indicator here below:
This is a premium indicator , so send me a private message in order to get access to this script.
FUNCTION: Goertzel algorithm -- DFT of a specific frequency binThis function implements the Goertzel algorithm (for integer N).
The Goertzel algorithm is a technique in digital signal processing (DSP) for efficient evaluation of the individual terms of the discrete Fourier transform (DFT).
In short, it measure the power of a specific frequency like one bin of a DFT, over a rolling window (N) of samples.
Here you see an input signal that changes frequency and amplitude (from 7 bars to 17). I am running the indicator 3 times to show it measuring both frequencies and one in between (13). You can see it very accurately measures the signals present and their power, but is noisy in the transition. Changing the block len will cause it to be more responsive but noisier.
Here is a picture of the same signal, but with white noise added.
If you have a cycle you think is present you could use this to test it, but the function is designed for integration in to more complicated scripts. I think power is best interrupted on a log scale.
Given a period (in bars or samples) and a block_len (N in Goertzel terminology) the function returns the Real (InPhase) and Quadrature (Imaginary) components of your signal as well as calculating the power and the instantaneous angle (in radians).
I hope this proves useful to the DSP folks here.
[astropark] ALGO Trading V2 [alarms]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator, runnable on a bot , which works great on many timeframes (ones between 1h and 1D are suggested, but just write me in order to help you find correct settings).
It must be said that this strategy works even better on 1m Renko chart!
If you are a scalper or you are a swing trader, you will love suggested entries for fast and long-lasting profit.
Keep in mind that a proper trailing stop strategy and risk management and money management strategies are very important (DM me if you need any clarification on these points).
This is not an evolution of "ALGO Trading V1" or "ALGO Trading V3" , but a twin sister of them. Search them on TradingView to know them better.
Here you can find ALGO Trading V1
This strategy has the following options:
enable/disable signals on chart
enable/disable bars and background coloring based on trend
enable/disable a "filter noise" option , which try to reduce overtrading (you can easily check it on backtesting)
enable/disable a Take Profit / Stop Loss option (you can easily check it on backtesting too)
enable/disable a secret SmartOption which may improve profit on your chart (again, check it on you chart if it helps or not)
This strategy only trigger 1 buy or 1 sell. If you enable Take Profit / Stop Loss option, consider that many TP can be triggered before trend reversal, so take partial profit on every TP an eventually buy/sell back lower/higher to maximize your profit.
This script will let you set all notifications you may need in order to be alerted on each triggered signals.
The one for backtesting purpose can be found by searching for the astropark's "ALGO Trading V2" and then choosing the indicator with "strategy" suffix in the name, or you can find here below
Strategy results are calculated on the time window from January 2018 to now, so on more than 2 years, using 1000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far).
This is not the "Holy Grail", so use a proper risk management strategy.
This is a premium indicator , so send me a private message in order to get access to this script.
[astropark] ALGO Trading V1 [alarms]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator, runnable on a bot , which works great on Low Timeframes (1h is suggested) but also on even lower ones (till 15m) and on higher ones (no further than 1D), just write me in order to help you find correct settings).
It must be said that this strategy works even better on 1m Renko chart!
If you are a scalper or you are a swing trader, you will love suggested entries for fast and long-lasting profit.
Keep in mind that a proper trailing stop strategy and risk management and money management strategies are very important (DM me if you need any clarification on these points).
This is not an evolution of "ALGO Trading V2" or "ALGO Trading V3" , but a twin sister of them. Search them on TradingView to know them better.
This strategy has the following options:
enable/disable signals on chart
enable/disable bars and background coloring based on trend
enable/disable a "filter noise" option , which try to reduce overtrading (you can easily check it on backtesting)
enable/disable a Take Profit / Stop Loss option (you can easily check it on backtesting too)
enable/disable a secret SmartOption which may improve profit on your chart (again, check it on you chart if it helps or not)
This strategy only trigger 1 buy or 1 sell. If you enable Take Profit / Stop Loss option, consider that many TP can be triggered before trend reversal, so take partial profit on every TP an eventually buy/sell back lower/higher to maximize your profit.
This script will let you set all notifications you may need in order to be alerted on each triggered signals.
The one for backtesting purpose can be found by searching for the astropark's "ALGO Trading V1" and then choosing the indicator with "strategy" suffix in the name, or you can find here below
Strategy results are calculated on the time window from January 2019 to now, so on more than 1 year, using 1000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far).
This is not the "Holy Grail", so use a proper risk management strategy.
This is a premium indicator , so send me a private message in order to get access to this script.
Alerts on OnePunch Algo StudyIn this study you will be able to get alerts based on the OnePunch Algo Strategy Version 1 and 2.
How To Use:
Open Alerts and Pick Alerts on OnePunch Algo Study option.
For buy alerts, pick Buy Signal option
For sell alerts, pick Sell Signal option
Simple as that. This script will provide buying and selling alerts to your email and mobile app notifications.
Automatic Monthly Pivots with built-in Fibonacci LevelsClassic Floor Trader Pivots (algorithm decision points) with color segmented Fibonacci levels plotted in real-time Enjoy! Multi-variable Time Frame Pivots with Custom fib levels is in works.
FTA 2Hello there,
What you see here is V2 of FTA .
First of all some keypoints to it:
-It uses Gunbot
-Many Microtrades on a bullish market
-Even make Profit on Sideway & wavy downtrends
-Double up to infinity
-Controlled downtrend averaging
-Visualizer available allowing visible emulation of the Script & Gunbot trading together.
-More Features & Optimization still to come!
It has the same core as V1 but a few big changes/additions.
As I don't want to force these changes on to everyone I made an additional version.
Finns Trading Algorithm AlertsHello there,
I have developed a Microprofit Script for Tradingview and would like to introduce you to it.
First of all some keypoints to it:
-It uses Gunbot
-Many Microtrades on a bullish market
-Even make Profit on Sideway & wavy downtrends
-Double up to infinity
-Controlled downtrend averaging
-Visualizer available allowing visible emulation of the Script & Gunbot trading together.
-More Features & Optimization still to come!
CPD Approach Algo Line [ValiantTrader]CPD Approach Algo Line Indicator - Explanation
This indicator, developed by ValiantTrader, is a sophisticated tool for analyzing price action and volume distribution across different timeframes. Here's how it works and how traders can use it:
Core Functionality
The indicator performs a "Candle Price Distribution" (CPD) analysis by:
Collecting data from a higher timeframe (configurable via input)
Dividing the price range into horizontal zones (either by tick size or evenly distributed)
Analyzing price behavior within each zone
Key Features and Trading Applications
1. Price Zone Analysis
Divides the price range into customizable zones (default 24 zones)
Shows how many candles have traded in each zone
Displays what percentage of total candles occurred in each zone
Trading Use: Identifies high-probability support/resistance areas where price has historically spent more time.
2. Delta Calculation
Shows the difference in candle counts between adjacent zones
Color-coded (green for positive, red for negative)
Trading Use: Helps spot areas where price behavior changes significantly (potential reversal zones).
3. Volume Clusters
Aggregates volume traded within each price zone
Visualized as colored backgrounds
Trading Use: Identifies high-volume nodes which often act as strong support/resistance.
4. Pressure Zones
Scores each zone based on where candles closed within the zone
Positive pressure (green) when candles closed in upper part
Negative pressure (red) when candles closed in lower part
Trading Use: Shows where buyers or sellers were more dominant at each price level.
5. Advanced Candle Pattern Detection
Tracks wick engulfing patterns
Measures body engulfing patterns
Counts rejection candles (long wicks)
Identifies dominant candles (large bodies)
Trading Use: Provides additional confirmation of potential reversal or continuation patterns.
6. Draggable Reference Line
Allows traders to place a horizontal line at any price level
Automatically shows statistics for the zone containing the line
Trading Use: Quickly analyze any price level's historical significance.
Practical Trading Applications
Support/Resistance Identification: The zones with highest candle counts typically represent strong support/resistance levels.
Breakout Trading: When price moves into zones with few previous candles, it may indicate breakout potential.
Reversal Trading: Zones where delta changes significantly (from positive to negative or vice versa) can signal potential reversals.
Volume-Weighted Analysis: Combining candle counts with volume clusters helps identify the most significant price levels.
Multi-Timeframe Analysis: By setting the custom timeframe to a higher period, traders can see where institutional levels exist on weekly/daily charts while trading on lower timeframes.
The indicator is particularly useful for traders who employ volume profile, market profile, or order flow concepts in their trading strategy. The visual presentation makes it easy to quickly assess the most significant price levels on any chart.
Candle Liquidity Algo [ValiantTrader]Explanation of the "Candle Liquidity Algo" Indicator
This indicator is designed to help traders identify potential trading opportunities by analyzing liquidity zones and divergences between price action and these zones on higher timeframes.
Key Components:
1. Timeframe Settings
The indicator allows you to select a custom timeframe (like 'D' for daily, '60' for 60 minutes, etc.)
It then displays the first candle of each new period on this higher timeframe directly on your chart
2. Liquidity Zones
Creates smoothed high and low levels (using a simple moving average) from the higher timeframe
These act as potential support/resistance zones where liquidity may be concentrated
3. Divergence Detection
Looks for divergences between price action and the liquidity zones:
Bullish Divergence: When price makes a lower low but the liquidity zone low is higher
Bearish Divergence: When price makes a higher high but the liquidity zone high is lower
4. Visual Elements
Plots the first candle of each new higher timeframe period on your chart (colored green for up, red for down)
Draws labels when divergences are detected (green "Bullish Div" below price for bullish divergences, red "Bearish Div" above for bearish)
Draws temporary lines marking the relevant price levels where divergences occur
5. Alerts
The indicator can trigger alerts when divergences are detected, which can be useful for traders who want notifications about potential trading setups
How to Use in Trading:
Identify the Higher Timeframe Structure: The indicator shows you how the higher timeframe is developing while you're looking at a lower timeframe chart.
Watch for Divergences: When you see:
Price making lower lows but liquidity zones making higher lows → potential bullish reversal
Price making higher highs but liquidity zones making lower highs → potential bearish reversal
Use Liquidity Zones as Targets/Stops: The smoothed high/low levels can act as potential take-profit areas or stop-loss levels.
Combine with Other Confirmation: Like any indicator, it's best used with other confirmation signals (price action patterns, volume analysis, etc.)
The indicator is particularly useful for traders looking to align their trades with higher timeframe structure while operating on lower timeframes for entry precision.
GOD Complex Analysis Table By QTX Algo SystemsGOD Complex Analysis Table by QTX Algo Systems
Overview
The GOD Complex Analysis Table is a powerful visual companion for traders using the GOD Complex ecosystem. It displays detailed confluence scores for each trade type (Reversal Long, Reversal Short, Continuation Long, Continuation Short), offering a breakdown of required vs. extra signals, as well as multi-timeframe (MTF) scores and bias.
This tool is designed to help discretionary traders better understand how multiple conditions across timeframes align to support high-quality trade setups. It is not a standalone signal generator but rather an advanced diagnostic table that reveals the logic driving the GOD Complex entries.
How It Works
Each row in the table represents a trade type (e.g., Reversal Long), and includes:
Required Score – Based on must-have conditions for that trade type (e.g., oversold levels, statistical extremes, key momentum shifts).
Extra Score – Bonus confluence points from higher timeframe agreement, slope shifts, or secondary confirmation indicators.
Total Score – Combined Required + Extra score (max 200), useful for comparing relative strength across trade types.
Breakdown Columns – Show exactly which conditions are currently satisfied or missing, categorized as Required or Extra.
MTF Scores – Score-based analysis across 5m to 1M timeframes, highlighting how confluence changes with zoomed-out perspectives.
MTF Bias Row – Net bullish vs. bearish confluence per timeframe (positive = green, negative = red).
Indicators Used (All Proprietary QTX Tools)
VBM (Volatility-Based Momentum): Confirms directional trend and volatility environment.
VBSMI (Volatility-Based SMI): Adapts momentum oscillator based on market conditions and tilt logic.
SEA (Statistically Extreme Areas): Identifies when price reaches statistically rare volatility/range zones.
SPB (Statistical Price Bands): Tracks dynamically adjusted support/resistance based on percentile deviation.
COI (Continuation Opportunity Indicator): Detects pullback exhaustion and momentum re-acceleration opportunities.
Each trade type (Reversal or Continuation) is scored based on these tools across local and higher timeframes.
Key Table Features
🔍 Reversal Scoring Logic
Reversal trades must meet key oversold/overbought criteria (e.g., VBSMI extremes, SEA/SPB triggers) and be supported by trend weakness or exhaustion in the COI/VBM logic. High confluence across timeframes boosts the score.
📈 Continuation Scoring Logic
Continuations require strong trend alignment (VBM, COI), confirmation of momentum (VBSMI cross + slope), and lack of statistical extremes (no SEA/SPB hits). HTF agreement increases the score further.
🧠 Multi-Timeframe (MTF) Scoring
MTF scores are generated by evaluating each trade type’s core confluence across timeframes (e.g., 5m, 1H, 1D, etc.). This helps traders gauge how well a setup aligns with the broader market structure.
📊 Bias Coloring
The MTF Bias row shows net directional strength. Green = bullish bias. Red = bearish bias. Gray = neutral.
🔎 Factors Breakdown
View factors for each trade type. These factors explain which required and extra conditions are currently contributing or missing.
Customization Options
Table position (top/bottom, left/right)
Table size (small, medium, large)
Show/hide trade type rows
Enable/disable breakdown details
Toggle MTF Score section
Use Cases
Analyze high-confluence setups for discretionary trade planning
Cross-check live trades to understand setup quality
Confirm MTF alignment before entries
Study historical patterns to build intuition and strategy
Disclaimer
This indicator is for educational purposes only. It does not provide financial advice or trade recommendations. Always backtest and validate strategies before use.
Position size Margin & Lot Calculator [Algo Star]Position Size Margin & Lot Calculator is a lightweight Pine v5 indicator that helps you scale into a trade with five incremental “steps.”
What it does:
Takes your total capital and leverage settings
Splits your risk into five proportioned entries
Shows both the USD margin required and the corresponding MT4/MT5 lot size for each entry
Why you’ll love it:
No manual calculations—everything is displayed in a neat on-chart table
Fully configurable: set your account size, leverage, contract size and price source
Ideal for pyramiding or averaging in with controlled risk at each step
Just add it to any chart, tweak your inputs, and immediately see exactly how much margin and how many lots to allocate at each of the five pre-defined steps—perfect for systematic position sizing without the headache.
OnePunch Algo Scalper V6Overview:
OnePunch Algo Scalper V6 is an invite-only script designed for short-term trend scalping and extreme reversal detection. It uniquely combines classic momentum and volume indicators, enhanced with multi-time session awareness, to deliver precise high-probability entry alerts.
Core Concepts:
RSI and CCI are used together to identify momentum exhaustion points for early reversal spotting.
CMF is integrated to filter buy signals only when volume flow confirms bullish intent, avoiding weak uptrends.
SMA overlays track medium to long-term trends to confirm direction bias for safer scalping entries.
MACD Histogram weakness detection adds a momentum weakening filter to confirm whether bullish/bearish pressure is losing strength — improving risk-reward setups.
Stochastic crossovers help predict short-term pullbacks, allowing for precision "Prepare for CALL/PUT" signals.
Session-based background coloring indicates high-probability trading windows (Morning, Midday, Afternoon), guiding users to focus on optimal times.
Signals Generated:
✅ "Trending Up": Momentum acceleration uptrend signal (RSI + CCI crossover with volume confirmation).
✅ "Trending Down": Momentum deceleration sell signal.
✅ "Reversal Up" / "Bearish Down": Extreme oversold/overbought reversals.
✅ "Prepare for PUTs/CALLs": Anticipation signals based on stochastic weakening + MACD histogram convergence.
Chart Setup:
The script draws clean shape labels on the chart for each event (e.g., "Up Trend", "Bearish") for clarity.
Background highlights show different sessions to help traders recognize the most liquid periods.
No other indicators are required on the chart.
Usage Notes:
This script is ideal for scalping or short intraday swing trades on liquid assets like indices, crypto, or forex.
Best results when combined with manual Support/Resistance marking (use "Prepare for PUTs/CALLs" near S/R zones).
Statistical Price Bands with MTF Bands by QTX Algo SystemsStatistical Price Bands with MTF Bands by QTX Algo Systems
Overview
This indicator builds on the original Statistical Price Bands with Trend Filtering script by introducing Multi-Timeframe (MTF) Band Visualization. While the base version calculated adaptive price bands using statistical percentiles, trend filtering, and volatility adjustments, this enhanced version adds support/resistance bands from multiple timeframes onto the current chart.
This is not a minor cosmetic update. The MTF version includes additional request.security() logic and significantly increases context by allowing traders to reference band extremes from longer or shorter timeframes without switching charts. For this reason, the original and MTF versions are maintained separately, as this script requires a Pro+ or Premium TradingView plan to function correctly.
What’s New in This Version
Multi-Timeframe Band Support: Fetches and displays upper and lower bands from other timeframes (e.g., 30min, 1H, 4H, 1D, 1W, 1M).
Chart-Based MTF Labels: Each band is labeled with its source timeframe (e.g., “1D U” = 1-Day Upper Band) for easy visual reference.
Custom Timeframe Control: Users can toggle specific timeframes on/off depending on their preferences and strategy.
Core Calculation Method (Unchanged)
Statistical Percentile Calculation:
Determines upper and lower thresholds using a historical percentile method applied to price deviations from a VWMA anchor.
Volatility Adjustment:
Dynamically scales the percentile thresholds based on a volatility factor (standard deviation vs. moving average).
Trend Filtering:
Adds a directional bias based on whether price is above or below its VWMA, pushing the bands higher in uptrends and lower in downtrends.
MTF Band Integration
This version calculates additional statistical bands using the same logic as the chart’s timeframe, but applies it to other timeframes selected by the user. These values are fetched using request.security() and then plotted onto the current chart using lines and labels.
This functionality allows traders to:
See if current price is extended compared to higher timeframe extremes.
Spot trend continuation or exhaustion relative to intraday or macro levels.
Identify areas of confluence for trade entries, exits, or stop placement.
Inputs & Customization
Statistical Percentile (default: 95)
Controls how extreme the bands are. Higher values = wider bands.
Lookback Period (default: 350)
Number of bars used to calculate percentiles. Longer = smoother bands.
VWMA Length (default: 20)
Sets the moving average anchor for calculating relative price deviation.
Volatility Factor Multiplier (default: 1.0)
Scales the influence of market volatility on band width.
Trend Strength Multiplier (default: 10.0)
Adjusts how far bands shift in the direction of the trend.
Timeframe Toggles (MTF)
Select which timeframes (e.g., 1H, 4H, 1D, 1W) to show on the chart.
Label Offset
Controls how far right MTF labels appear on the chart.
Use Case Scenarios
Overextension Detection:
Price touching or breaching an MTF band may suggest exhaustion, especially if confirmed by confluence or divergence.
Trend Confirmation:
Bands tilting in one direction across multiple timeframes can suggest strong trend alignment.
Risk Management:
Use bands from higher timeframes as trailing stops or invalidation zones.
Why This Is a Separate Script
This version uses request.security() to retrieve values from multiple timeframes, which:
Requires an upgraded TradingView plan (Pro+ or higher).
May impact performance on lower-tier plans.
Provides a major functional difference from the original, not a minor tweak or cosmetic upgrade.
To maintain compatibility and accessibility for all users, both versions are published separately:
The original for single-timeframe users.
This version for those using a multi-timeframe workflow.
Disclaimer
This script is for educational purposes only. It is intended to support your analysis—not to predict outcomes or replace risk management. Past performance is not indicative of future results. Always perform your own analysis and trade responsibly.
VBSMI with Dynamic Bands and MTF Screener by QTX Algo SystemsVolatility Based SMI with Dynamic Bands & MTF Screener by QTX Algo Systems
Overview
This enhanced version of the Volatility Based SMI with Dynamic Bands (VBSMI) expands on the original design by integrating a Multi-Timeframe (MTF) Screener. It maintains the core momentum detection and volatility-responsive adjustments of the standard VBSMI while providing expanded multi-timeframe analysis across multiple assets in a tabular format.
By allowing users to track momentum shifts, reversals, and trend conditions across multiple timeframes and multiple assets, this version enhances market awareness and helps traders make more informed decisions.
How It Works
Enhanced SMI Calculation
The core SMI calculation uses double smoothing through Exponential Moving Averages (EMAs) to refine price movements.
Inputs for Smoothing K and Smoothing D control how much noise is filtered.
A final SMI EMA is applied to help confirm momentum direction.
Adaptive Volatility Scaling
A fixed Bollinger Band Width Percentile (BBWP) calculation is used to create an Adaptive Adjustment Factor for the SMI.
This ensures the oscillator adapts to current volatility levels, making signals more context-aware.
Dynamic Threshold Adjustment
The overbought and oversold thresholds (default 50 and -50) adjust in real time based on market conditions.
These adjustments use three proprietary factors:
Trend Lookback Period – Determines historical trend strength using a VWMA-based comparison.
Upper & Lower Band Tilt Strength – Controls how aggressively the bands shift in response to trends.
Opposite Band Compression – Adjusts the speed of threshold contraction when trends reverse, making it more responsive.
Multi-Timeframe and Multi-Asset Screener (MTF) – New Feature
The integrated MTF Screener provides a real-time overview of the VBSMI's conditions across multiple timeframes and assets.
It includes:
✅ User-selectable timeframes (Default: 1H, 4H, 1D, 3D, 1W, 1M).
✅ Up to 6 additional tickers for multi-asset analysis.
✅ Real-time VBSMI color-coded conditions for easier signal interpretation.
How to Read the MTF Screener Table
Each cell in the table provides a momentum reading based on VBSMI conditions in different timeframes:
🟢 Green Background → Oversold Condition (Potential Buy Zone)
🔴 Red Background → Overbought Condition (Potential Sell Zone)
📊 Label: "Up" or "Down" → Shows whether VBSMI is above or below its EMA.
🟠 Orange Background → VBSMI crossovers from oversold/overbought conditions
How to Use & Adjust Inputs
Momentum Confirmation & Reversals
Use the dynamically adjusting thresholds to confirm when momentum is overextended or entering a new trend phase.
Monitor crossovers between the SMI and its EMA—these can be potential reversal or trend continuation signals.
Multi-Timeframe Trend Confirmation
Look for alignment across multiple timeframes in the MTF Screener (e.g., if the 1H, 4H, and 1D all show green, it strengthens a bullish case).
Use the multi-ticker feature to see how different assets align with your primary asset’s momentum signals.
Fine-Tuning the Inputs
Smoothing K & D: Controls how much the SMI is smoothed. Lower values make the indicator respond faster but can introduce noise, while higher values produce smoother signals with a slight delay.
SMI EMA Length: Adjusts the sensitivity of the exponential moving average applied to the SMI. A lower value makes the EMA react more quickly, while a higher value slows it down for more stable signals.
Trend Lookback Period: Defines how far back the indicator looks to assess trend strength. A shorter lookback makes it more reactive to recent price movements, while a longer period smooths out fluctuations for a broader trend perspective.
Band Tilt Strengths: Determines how much the overbought and oversold levels shift in response to market trends. Increasing this value causes the thresholds to adjust more aggressively, making the indicator more sensitive to trend direction.
Opposite Band Compression: Controls how quickly the opposite band contracts when a trend reversal occurs. A higher value results in faster compression, making the indicator more responsive to sudden market shifts.
What Makes This Unique?
Unlike traditional Stochastic Momentum Index (SMI) indicators, which rely on fixed overbought/oversold levels, this version:
✔ Adjusts the SMI based on relevant volatility
✔ Adapts thresholds based on volatility & trend strength
✔ Incorporates multi-timeframe screening for trend confirmation
✔ Uses an MTF table for real-time, multi-asset tracking
Disclaimer
This indicator is for educational purposes only and is meant to support trading strategies—not replace independent analysis.
No financial guarantees are provided. Past performance does not guarantee future results. Always use proper risk management.
Extreme Areas with MTF Screener by QTX Algo SystemsStatistically Extreme Areas with MTF Screener by QTX Algo Systems
Overview
This indicator is designed to automatically highlight zones where prices become statistically overextended, signaling potential reversal opportunities. Enhanced with a Multi Time Frame (MTF) Screener, it verifies these extremes across several timeframes for a comprehensive, multi-dimensional view of market conditions.
How It Works
Baseline Statistical Analysis:
The indicator establishes a baseline price range using historical data through a statistical percentile approach. This baseline reflects typical price extremes over time.
Volatility and Momentum Filters:
It incorporates a Bollinger Band Width Percentile (BBWP) to measure real-time volatility and combines this with a double‐smoothed SMI and a Price – Moving Average Ratio (PMARP) to assess short-term momentum. This dual-filter system ensures that signals are generated only when both volatility and momentum conditions are satisfied.
Directional Oscillator (BBO) Analysis:
A Bollinger Band Oscillator (BBO) is used to evaluate the slopes of the upper and lower bands, adding an extra layer of confirmation for identifying true market extremes.
MTF Screener Integration:
The added MTF Screener scans multiple timeframes, confirming that the statistically extreme conditions are not isolated events. This cross-verification provides a more robust signal, ensuring that the identified reversal zones are consistent across the market.
Customizable Visual Alerts:
The indicator allows for customizable color coding for various conditions (e.g., extreme low warnings, extreme high warnings, and potential reversals), offering clear, visual guidance for traders.
Why It’s Different and Valuable
This tool is more than just a simple merger of common indicators—it’s a carefully integrated system that validates price extremes across several dimensions. By combining statistical analysis with real-time volatility, momentum verification, and multi-timeframe confirmation, it provides a dynamic framework that helps traders identify high-probability reversal zones while minimizing false signals. The added MTF Screener ensures that these signals are consistent and reliable across different market views, enhancing the overall decision-making process.
How to Use
Monitor Visual Cues: Look for the color-coded signals that indicate statistically extreme price levels.
Confirm Across Timeframes: Use the MTF Screener component to ensure that the extreme conditions appear consistently across various timeframes.
Integrate with Your Strategy: Use this indicator alongside other technical tools to refine entry, exit, and stop-loss decisions.
Disclaimer
This indicator is for educational purposes only and is intended to support your trading analysis. It does not guarantee performance, and past results are not indicative of future outcomes. Always use proper risk management and conduct your own analysis before trading.
Volatility Based Momentum with MTF Screener by QTX Algo SystemsVolatility Based Momentum with MTF Screener by QTX Algo Systems
Overview
This indicator builds on our original Volatility Based Momentum tool by integrating a Multi Time Frame (MTF) Screener that provides real-time, cross-market momentum analysis. It dynamically adjusts momentum signals using adaptive volatility measurements, ensuring that signals reflect true market strength across various timeframes and assets.
How It Works
Core Momentum Analysis:
The indicator uses a double‐smoothed SMI combined with a Price – Moving Average Ratio (PMARP) to assess short-term momentum. These metrics filter out noise and generate per-candle signals based on sustained market energy.
Adaptive Volatility Measurement:
An adaptive volatility factor—derived from a Bollinger Band Width Percentile (BBWP) calculation—scales the momentum readings, ensuring that only strong signals in a sufficiently volatile market are considered.
MTF Screener Integration:
The MTF Screener scans multiple timeframes simultaneously, confirming that a momentum signal is consistent across different market views. This extra layer of screening reduces false signals and helps ensure that the detected momentum is robust and reliable.
Real-Time Visual Feedback:
Dynamic visual cues, such as color changes and signal markers, indicate when the momentum and volatility align, providing a clear, actionable overview.
Why It’s Different and Valuable
This indicator isn’t just a simple overlay of standard momentum and volatility measures—it’s a multi-layered system that verifies signals across multiple timeframes. The integrated MTF Screener provides broader context and cross-validation, making it a more dependable tool for confirming trend strength. This level of depth in analysis offers enhanced clarity and helps traders make more confident decisions compared to using conventional indicators in isolation.
How to Use
Review Per-Candle Signals: Observe the momentum signals generated on your chart and note when they are confirmed by the adaptive volatility measure.
Cross-Check with MTF Screener: Ensure that signals appear consistently across multiple timeframes before taking action.
Adjust Settings for Your Style: Customize the volatility threshold, and MTF settings to match your specific trading approach.
Integrate with Your Strategy: Use the insights from this indicator alongside other analysis tools to optimize your entry and exit points.
Disclaimer
This indicator is for educational purposes only and is intended to support your trading strategy. It does not guarantee performance, and past results are not indicative of future outcomes. Always apply proper risk management and conduct your own analysis before trading.
Continuation Opportunity with MTF Screener by QTX Algo SystemsContinuation Opportunity Indicator with MTF Screener by QTX Algo Systems
Overview
This enhanced indicator is designed to pinpoint key moments when an established trend is likely to continue. By combining traditional momentum analysis with dual volatility measures—and now integrating a powerful Multi Time Frame (MTF) Screener—it offers a multi-dimensional view of trend behavior. This tool not only detects when a pullback is simply a temporary consolidation (characterized by reduced volatility) but also confirms that the overall trend is poised to resume, validated across several timeframes.
How It Works
Core Methodology:
The base indicator uses a double‐smoothed Stochastic Momentum Index (SMI) combined with a Price – Moving Average Ratio (PMARP) to detect momentum crossovers that signal trend continuation. It also uses volatility filters to ensure that the signals occur only when market activity is strong.
Dual Volatility Analysis:
A Bollinger Band Width Percentile (BBWP) measure and historical volatility metrics work together to ensure that only meaningful pullbacks trigger signals—distinguishing between noise and genuine consolidation.
MTF Screener Integration:
The new MTF Screener feature extends the analysis beyond a single timeframe. It scans multiple assets and timeframes concurrently, confirming that a detected pullback or resumption signal appears consistently across the broader market view. This cross-verification minimizes false signals and provides traders with confidence that the trend continuation is robust.
Enhanced Visual Cues:
Color-coded backgrounds and well-defined signal triggers help traders quickly interpret when a pullback is likely just a consolidation phase and when increased volatility signals the trend’s resumption.
Why It’s Different and Valuable
Unlike a simple combination of separate indicators, this tool integrates each element in a systematic, layered approach. The MTF Screener adds an extra dimension by validating signals across different timeframes—ensuring that traders are not basing decisions on isolated, potentially misleading data. This cohesive design enhances overall accuracy and provides actionable insights that are more robust than what individual indicators would offer on their own.
How to Use
Monitor Visual Signals: Look for color-coded cues and momentum crossovers that appear after a pullback.
Validate Across Timeframes: Use the MTF Screener’s output to confirm that the continuation signal is consistent across various timeframes.
Integrate with Other Tools: Combine these signals with your existing technical analysis methods to refine your entry and exit points.
Disclaimer
This indicator is provided for educational purposes only and is intended to support your trading analysis. It does not guarantee performance, and past results are not indicative of future outcomes. Always use proper risk management and perform your own analysis before trading.
