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Harmonic Liquidity Waves [JOAT]Harmonic Liquidity Waves Overview Harmonic Liquidity Waves is an open-source oscillator indicator that combines multiple volume-based analysis techniques into a unified liquidity flow framework. It integrates VWAP calculations, Chaikin Money Flow (CMF), Money Flow Index (MFI), and Klinger Volume Oscillator (KVO) with custom harmonic wave calculations to provide a comprehensive view of volume dynamics and money flow. What This Indicator Does The indicator calculates and displays: Liquidity Flow - Volume-weighted price movement accumulated over a lookback period Harmonic Wave - Multi-depth smoothed oscillator derived from liquidity flow Chaikin Money Flow (CMF) - Classic accumulation/distribution indicator Money Flow Index (MFI) - Volume-weighted RSI showing buying/selling pressure Klinger Volume Oscillator (KVO) - Trend-volume relationship indicator Wave Interference - Combined constructive/destructive wave patterns Volume Profile POC - Point of Control from simplified volume distribution How It Works The core liquidity flow calculation tracks volume-weighted price changes: calculateLiquidityFlow(series float vol, series float price, simple int period) => float priceChange = ta.change(price) float volumeFlow = vol * math.sign(priceChange) // Accumulated over period using buffer array float avgFlow = flowSum / period avgFlow The harmonic oscillator applies multi-depth smoothing: harmonicOscillator(series float flow, simple int depth, simple int period) => float harmonic = 0.0 for i = 1 to depth float wave = ta.ema(flow, period * i) / i harmonic += wave harmonic / depth CMF measures accumulation/distribution using the Money Flow Multiplier: float mfm = ((close - low) - (high - close)) / (high - low) float mfv = mfm * vol float cmf = ta.sum(mfv, period) / ta.sum(vol, period) * 100 Signal Generation Liquidity shift signals occur when: Bullish Shift: Smoothed wave crosses above signal line Bearish Shift: Smoothed wave crosses below signal line Strong signals require volume indicator confirmation: Strong Bull: Bullish shift + CMF > 0 + MFI > 50 + KVO > 0 Strong Bear: Bearish shift + CMF < 0 + MFI < 50 + KVO < 0 Divergence detection compares price pivots with liquidity wave pivots to identify potential reversals. Dashboard Panel (Bottom-Right) Wave Strength - Normalized wave magnitude Volume Pressure - Current volume vs average percentage Flow Direction - BUYING or SELLING based on wave sign Histogram - Wave minus signal line value CMF - Chaikin Money Flow reading MFI - Money Flow Index value (0-100) KVO - Klinger oscillator value Vol Confluence - Combined volume indicator score Signal - Current actionable status Visual Elements Liquidity Wave - Main oscillator line Wave Signal - Smoothed signal line for crossover detection Wave Histogram - Difference between wave and signal Wave Interference - Area plot showing combined wave patterns CMF/KVO/MFI Lines - Individual volume indicator plots Divergence Labels - BULL DIV / BEAR DIV markers Shift Markers - Triangles for basic shifts, labels for strong shifts Input Parameters Wave Period (default: 21) - Base period for liquidity calculations Volume Weight (default: 1.5) - Multiplier for volume emphasis Harmonic Depth (default: 3) - Number of smoothing layers Smoothing (default: 3) - Final wave smoothing period Suggested Use Cases Identify accumulation/distribution phases using CMF and wave direction Confirm momentum with MFI overbought/oversold readings Watch for divergences between price and liquidity flow Use strong signals when multiple volume indicators align Timeframe Recommendations Best on 15m to Daily charts. Volume-based indicators require sufficient trading activity for meaningful readings. Limitations Volume data quality varies by exchange and instrument Divergence detection uses pivot-based lookback and may lag Volume Profile POC is simplified and not a full profile analysis Open-Source and Disclaimer This script is published as open-source under the Mozilla Public License 2.0 for educational purposes. It does not constitute financial advice. Past performance does not guarantee future results. Always use proper risk management. - Made with passion by officialjackofalltrades
Penunjuk Pine Script®
oleh officialjackofalltrades
The Consolidator [Pattern Foresight]Overview This Consolidator script uses detection logic to chart bullish and bearish consolidation markers and to chart shaded high/low price range lines (with green shading between the bottom range line and the price for bullish trends and with red shading between the top range line and the price for bearish trends). A consolidation point is telling you: “Price has gone quiet here. Expect expansion—likely a breakout—once volume returns.” Low volatility squeezes often lead to a breakout. The Consolidator attempts to identify periods where the price is moving sideways, compressing into a tighter range, forming a base or coil, or preparing for a trend continuation or reversal. Bullish Consolidation Markers - Bullish consolidation occurs when the price is coiling but buyers are in control. These are useful to help detect bull flags, ascending triangles, tight bases before breakouts. Bearish Consolidation Markers - These are useful to help detect bear flags, descending triangles, distribution periods. Why this indicator is unique The Consolidator attempts to be a predictive pattern-recognition system, not a simple channel indicator by measuring consolidation tightness and high/low price ranges. The range lines help visualize the “coil” where price is compressing. Consolidation markers classify which side of the coil price is leaning toward: bullish pressure or bearish pressure. The script attempts to detect structural bullish patterns with breakout intelligence. Usage Consolidation Lookback - Controls how many bars are examined when determining the consolidation “box.” Think of it as: “How wide of a window do you want to search for a sideways range?” Shorter lookback (10–20): Tighter, more sensitive consolidations, faster signals, more false positives, and useful for scalping and day trading. Longer lookback (30–60): Larger, more stable consolidation zones, fewer false positives, and better for swing trading. Tolerance Percent - Defines how “flat” highs/lows must be to qualify as consolidation. This is the key part of compression detection. Lower tolerance (0.3–0.6%): Only very tight ranges qualify with fewer but higher-quality consolidation zones. Higher tolerance (0.7–1.5%): wider ranges and more consolidation signals. Small changes to tolerance drastically change the number of consolidation markers (higher = more consolidation markers). Disclaimer: This script is for informational purposes only. Nothing contained herein should be construed as financial, investment, or trading advice. The author is not a financial advisor and is not providing personalized recommendations. All trading involves risk, including the potential loss of principal. The author makes no assurances of accuracy, performance, or future results. History may not reflect future performance. You are solely responsible for your own investment decisions and agree to use this script entirely at your own risk.
Penunjuk Pine Script®
oleh PatternForesight
PCCE + False Breakout DetectorPCCE + False Breakout Detector Type: Invite-Only Indicator (closed source) Purpose : Detect price compression and the first expansion after it, while flagging failed breakouts (bull/bear traps) for risk control. 1) What’s original here! This tool integrates three behaviour-driven tests that work in a single decision flow: A compression score built from: (a) monotonic body shrink, (b) wick-dominance, and (c) relative range contraction versus history. This is not a bands/oscillator port; it’s a structure-first filter that isolates coils. A thrusted expansion requirement that combines real-body impulse and relative-volume participation (+ optional EMA alignment) to qualify a breakout beyond the coil envelope. An immediate post-breakout failure test (trap logic) that checks whether the breakout re-enters the prior swing range within a short window. Used together, these steps turn raw breaks into contextual, risk-aware events: setup → trigger → validation. That is the value of the combination. ⸻ 2) Concepts behind the calculations: Let body_t = |close_t − open_t|, uw_t = high_t − max(open_t, close_t) (upper wick), lw_t = min(open_t, close_t) − low_t (lower wick), R_t(k) = highest(high, k)_t − lowest(low, k)_t (range over k bars), MA_body(k) = SMA(body, k), MA_vol(k) = SMA(volume, k). 2.1 Compression (coil) detection We evaluate within a window k = coilLength: • Body shrink count: number of consecutive steps where body_(t−i) < body_(t−i−1). • Wick dominance: AvgWickBody = avg( (uw + lw) / body ) over the window; require AvgWickBody > wickRatioMin. • Relative range contraction: current R_t(k) must be less than α × avg( R_(t−j)(k) ) computed over a lookback of rangeWindow windows, with α < 1 (tight market). When all three are true, we mark a coil zone; the coil bounds are High_coil = highest(high, k), Low_coil = lowest(low, k). 2.2 Expansion (“Burst”) confirmation A breakout is only qualified when all hold on bar close: • Direction: close > High_coil → up; close < Low_coil → down. • Body thrust: body_t > MA_body(k) × bodyMult. • Participation: volume_t > MA_vol(k) × volumeMultiplier. • Trend alignment (optional): close_t > EMA(emaLen) for up / < EMA for down. • Cooldown: t − lastSignal > cooldownBars. If satisfied, print Burst↑ or Burst↓ on that bar. 2.3 Failed breakout (trap) detection Let H_s and L_s be the prior swing high/low from a lookback rangeLookback (excluding the current bar). Define: • Bull break attempt: a bar that closed above H_s. Bull trap: within fakeoutBars bars after that attempt, any close returns below H_s. Mark ❌ red above that bar. • Bear break attempt: a bar that closed below L_s. Bear trap: within fakeoutBars bars after that attempt, any close returns above L_s. Mark ❌ green below that bar. Alerts fire on bar close only. ⸻ 3) What you’ll see on the chart • Coil box: shaded envelope (tight-range bounds). • Burst labels: Burst↑ / Burst↓ only when thrust + volume (and optional EMA) confirm the break. • Trap markers: ❌ red (failed bullish breakout) / ❌ green (failed bearish breakout). • Alerts: “Burst Up” and “Burst Down” (close-based). ⸻ 4) How to use it 1. Preparation : When a coil box appears, mark the bounds; expect expansion risk to rise. 2. Trigger : Act only on Burst labels (they already encode body/volume thrust and optional trend). 3. Validation : If a ❌ trap prints shortly after a breakout, treat it as a warning/exit event; breakouts that re-enter the prior swing range are statistically fragile. 4. Context : Works well on 15m–4H where structure is visible. Combine with your own higher-timeframe bias, S/R, liquidity pools, and risk rules. 5. Tuning : • Tighten/loosen coil sensitivity via coilLength, wickRatioMin, and the range contraction factor. • Use larger bodyMult / volumeMultiplier to demand stronger breaks. • cooldownBars controls clustering in fast sessions. • rangeLookback and fakeoutBars control how strict the trap check is. ⸻ 5) Repainting, scope, and limitations • Burst and trap labels are evaluated on bar close; once printed, they do not repaint. Coil boxes can update while forming; they stabilize once conditions are met. • Sudden news/illiquid periods can defeat filters; adjust multipliers and cooldown for your instrument. • This is an indicator, not a strategy; it does not publish PnL, win-rate, or forward promises.
Penunjuk Pine Script®
oleh TradeTechanalysis
2
Composite Bull-Bear Dominance IndexNote: CREDITS: This is based on the Up Down Volume Indicator (published in Trading View) and Elder Ray Index (Bull Bear Power). The Composite Bull Bear Dominance Index (CBBDI) is a indicator that combines up down volume analysis with Bull and Bear Power to provide a comprehensive view of market dynamics. It calculates Z-scores for up down volume delta and bull bear power measures, averages them, and then smoothes the result using Weighted Moving Average (WMA) for Bull and Bear Power and Volume Weighted Moving Average (VWMA) for Up and Down Volume Delta. The advantages include responsiveness to short-term trends, noise reduction through weighting, incorporation of volume information, and the ability to identify significant changes in buying and selling pressure. The indicator aims to offer clear signals for traders seeking insights into overall market dominance and indicate if the bulls or the bears have the upper hand. Volume Analysis (Up/Down Volume Delta): Up/Down Volume Delta reflects the net difference between buying and selling volume, providing insights into the prevailing market sentiment. Positive Delta: Indicates potential bullish dominance due to higher buying volume. Negative Delta: Suggests potential bearish dominance as selling volume surpasses buying volume. Price Analysis (Bull and Bear Power): Bull and Bear Power measure the strength of buying and selling forces based on price movements and the Exponential Moving Average (EMA) of the closing price. Positive Bull Power: Reflects bullish dominance, indicating potential upward momentum. Positive Bear Power: Suggests bearish dominance, indicating potential downward momentum. Composite Bull Bear Dominance Index (CBBDI): CBBDI combines the standardized Z-scores of Up/Down Volume Delta and Bull Bear Power, providing an average measure of both volume and price-related dominance. Positive CBBDI: Indicates an overall bullish dominance in both volume and price dynamics. Negative CBBDI: Suggests an overall bearish dominance in both volume and price dynamics. Smoothing Techniques: The use of Weighted Moving Average (WMA) for smoothing Bull and Bear Power Z-scores, and Volume Weighted Moving Average (VWMA) for smoothing Up/Down Volume Delta, reduces noise and provides a clearer trend signal. Smoothing helps filter out short-term fluctuations and emphasizes more significant trends in both volume and price movements. Color Coding: CBBDI values are color-coded based on their direction, visually representing the prevailing market sentiment. Green Colors: Positive values indicate potential bullish dominance. Red Colors: Negative values suggest potential bearish dominance.
Penunjuk Pine Script®
oleh federalTacos5392b
2
Bull Bear Indicator (BBI)/Introduction The Bull Bear Indicator (BBI) identifies bull market conditions and bear market conditions for equity investors so they can avoid missing a bull market or getting caught in a bear market. /Signals There are two signals: 1. Bull Market Alert - This indicates prices of stocks in the broader market are rising. 2. Bear market Alert - This indicates prices of stocks in the broader market are falling. Both signals are indicated by a background colour and an upward/downward triangle. A green background and an upward green triangle below the bar signifies an environment of rising prices. A red background and a downward red triangle above the bar indicates an environment of falling prices. Lack of a coloured background indicates a transition period from Bull to Bear or Bear to Bull conditions. The transitions may be rapid during periods of high volatility. /Construction The indicator is constructed using market breadth, price action and moving averages. 1.Market Breadth: Definition: Market breadth refers to the number of stocks advancing versus the number declining in the stock market. It provides insight into the overall health and strength of a market move. Use in Identifying Bull/Bear Markets: Bull Market Indicators: In a bull market, market breadth is typically strong, with a large number of stocks advancing. This indicates widespread participation in the market rally, confirming the strength and sustainability of the upward trend. Bear Market Indicators: Conversely, in a bear market, market breadth weakens, with more stocks declining than advancing. This suggests that the downward movement is broad-based across the market, reinforcing the bearish sentiment. How the indicator does this: The number of stocks in a bullish/bearish trend is counted and normalised to a percentage to determine what percentage of stocks in the overall market are bullish/bearish. 2. Price Action: Definition: Price action involves the study of historical price movements to predict future price direction. It includes analyzing patterns, trends, and the reactions of prices to certain levels (like support and resistance). Use in Identifying Bull/Bear Markets: Bull Market Indicators: In a bull market, price action typically shows higher highs and higher lows, indicating an ongoing upward trend. The reaction to support levels is often strong, with prices bouncing off these levels. Bear Market Indicators: In a bear market, the price action is characterized by lower highs and lower lows. Prices tend to break through support levels and bounce off resistance levels, reflecting the dominant downward trend. 3. Trend Analysis: Definition: Trend analysis involves identifying the direction and strength of market movements. This was done using moving averages. Use in Identifying Bull/Bear Markets: Bull Market Indicators: A bull market is often identified by upward-sloping trendlines and prices consistently staying above key moving averages. Bear Market Indicators: In a bear market, the trendlines slope downwards, and prices remain below key moving averages. How the indicator does this: The average closing prices of the largest capitalised stocks and their intermediate trend is assessed relative to their moving averages, the moving average combines price action and trend because it is simply the average closing price over time. /Originality This indicator is simple and effective in that it uses multiple factors to assess the market environment. Market breadth gives an overview of the participation level in the market trend, price action helps identify specific patterns and reactions to key levels indicating a bull or bear market, and trend analysis provides a macro view of the market direction and its strength. Combining these tools can gives a comprehensive picture of the market environment and help in distinguishing between bull and bear markets. The market environments are boldly marked out through background colours and triangle markers. The indicator performance is only valid from 2002 to date because the market breadth data used is not available before this date. Why market Market breadth: Because it takes into account all the stocks in the market, this is essential in identifying the level of participation in a trend. Why moving averages: Because it ensures that the price action and overall trend of the stocks can be monitored over a given lookback period So together, moving average/price action + market breadth = trend + participation Note: The indicator has no predictive power, performance described here does not guarantee future results. Equity markets are particularly volatile and prone to cycles, and individual psychology can significantly affect indicator interpretation. Price data may also vary across exchanges. /Settings The parameters are fixed and there is no room for optimisation however, style settings can be modified by the user. /Tickers The BBI indicator is ticker agnostic but best viewed on a 1 day chart of the SPY.
Penunjuk Pine Script®
oleh oluisrel
Flag FinderFlag Finder Indicator is a technical analysis tool to identify bull and bear flags. What are flags Flags are continuation patterns that occur within the general trend of the security. A bull flag represents a temporary pause or consolidation before price resumes it's upward movement, while a bear flag occurs before price continues its downward movement. Both flag patterns consist of two components: The Pole The Flag The pole is the initial strong upward surge or decline that precedes the flag. The pole is usually a fast move accompanied by heavy volume signaling significant buying or selling pressure. The flag is then formed as price consolidates after the initial surge or decline from the pole. For a bull flag price will drift slightly downward to sideways, a bear flag will drift upward to sideways. The best flags often see volume dry up during this phase of the pattern. Indicator Settings Both components are fully customizable in the indicator so the user can adjust for any time frame or volatility. Select the minimum and maximum accepted limits from the % gain loss required for the pole, the maximum acceptable flag depth or rally and the minimum and maximum number of bars for each component. Colors and what components are visible at any time are also user controlled. Trading flags Traders typically use flags to enter on breakouts. A breakout occurs when price moves above the left side high of a bull flag or below the left side low of a bear flag. Alerts The Flag Finder allows for four different types of alerts New Bull Flag New Bear Flag Bull Flag Breakout Bear Flag Breakout Pine Script On top of the indicator identifying bull and bear flags, throughout the source code I left notes on nearly every line to help anyone who is interested in pine script see my thought process and explain which each line of code does. This code isn't too complex, but it offers a look into many different concepts one might use when writing pinescript such as: input groups declaring and reassigning variables for loops plotshapes & lines alerts
Penunjuk Pine Script®
oleh Amphibiantrading
72
Lune Oscillator Premium⬛️ Overview Lune Oscillator is an advanced and innovative TradingView indicator designed to enhance your market analysis. Rather than merely improving visuals or merging traditional indicators, it introduces a series of unique features, each with its unique value proposition. This script stands out due to its originality, and the significant utility it brings to traders. 🟦 Features Oscillator features an assortment of sophisticated tools aimed at refining your trading strategies: 🔹 Trend Oscillator: This feature integrates market trend and momentum analysis into one dynamic oscillator. It's designed to facilitate market trend and momentum analysis, and is invaluable to traders as it combines both trend and momentum analysis into one tool. For instance, if a ticker shows signs of slowing momentum after a recent rally, the Trend Oscillator could predict a potential trend reversal. The Trend Oscillator’s sensitivity and velocity settings can be tailored to suit your trading style and strategy. It is developed using a custom formula similar to WaveTrend but optimized for better detection of trend and momentum shifts. 🔹 Market Peak: Market Peak identifies potential market peaks and troughs using a percentile-based system. It's aimed at detecting overextensions in the Trend Oscillator, indicating potential market reversals. Compact and user-friendly, this feature signals potential trade exit points in case of an impending market reversal. Its sensitivity can be adjusted to react to either short-term or long-term market changes. By analyzing the market's average move, it detects overbought or oversold conditions when the percentage gets too extreme. 🔹 Money Pulse: The Money Pulse feature serves as a radar for money inflow or outflow, helping users detect nascent trends and reversals. It enables traders to spot early opportunities and reversals and align their strategies with institutional and large players. For example, a bullish Money Pulse during market consolidation could signal money influx and the beginning of an accumulation phase. The sensitivity of the Market Pulse can be adapted to short-term or long-term changes. This feature employs an improved version of the Money Flow concept. 🔹 Liquidity Pulse: Liquidity Pulse provides a unique perspective of asset liquidity by tracking market inflow and outflow volumes. It assists traders in understanding the market's liquidity sentiment, which is particularly useful for long-term trades and confluence. For instance, a bullish Liquidity Pulse could signal abundant liquidity, potentially driving up the price. The sensitivity setting can be adjusted for short-term or long-term liquidity changes. This feature utilizes an enhanced version of the On-Balance Volume concept. 🔹 Institutional Wave: This feature tracks the cumulative inflow and outflow for a specific ticker, helping traders monitor institutional money flows. It enables the analysis of a ticker's accumulation and distribution, assisting in detecting early trade entries and avoiding dumps. For example, a decrease in volume during consolidation after a price rally could indicate sell-off and potential price drop. The Institutional Wave's sensitivity can be adapted to either short-term or long-term changes. It operates on the Accumulation and Distribution concept. 🔹 Power Wave: The Power Wave evaluates market strength and momentum, indicating market power shifts. It helps traders understand the true power behind a market move. For instance, a decreasing Power Wave during a bullish move could indicate a weakening trend, suggesting a bearish strategy instead. The sensitivity of the Power Wave can be set for short-term or long-term market changes. The Power Wave calculates market strength by evaluating price change volatility. 🔹 Market Pressure: This feature detects shifts in buy and sell pressure, signaling potential turning points. It helps traders understand the power balance in the market. For example, a bullish Market Pressure shift during a short trade could suggest a momentum gain by bulls, indicating a trade exit. The Market Pressure's sensitivity can be adjusted for short-term or long-term changes. This feature uses volume data and moving averages to detect market pressure shifts, filtering out false and volatile signals. 🔹 Oscillator Copilot: Incorporating Smart Bias and Reversal Radar, the Oscillator Copilot helps identify market trends and potential reversals. It searches for confluence within multiple Oscillator features, providing a straightforward assistive tool. For example, a bullish Smart Bias signal during a long trade could suggest staying in the trade longer, while a bearish Reversal Radar signal could indicate the need to exit the trade. 🔹 Divergence Detection: This feature offers a sophisticated detection system for both regular and hidden market divergences, providing additional confluence and highlighting hard-to-detect divergences. For instance, a bullish Regular Divergence could signal a potential trade entry or exit depending on your overall market sentiment and bias. This feature uses fractals to effectively detect divergences in the market based on the Trend Oscillator. 🔹 Color Themes: Personalize your charting experience with various color themes. This feature enhances the visual appeal of your chart, offering easy setup and use. For example, use the “Ice” theme for a unique and colorful experience or the “Dark” theme for a more subdued look. Themes available include Default, Light, Dark, and Ice. This feature modifies the colors of your candles and features based on the selected theme.
 These features and tools collectively offer a comprehensive solution for traders to understand and navigate the financial markets. It's important to remember that they are designed to assist in making informed trading decisions and should be used as part of a balanced trading strategy. 🟧 Usage Lune Oscillator's features are designed to be both standalone tools and components of a larger, integrated trading strategy. It is important to understand each feature and experiment with different configurations to best suit your unique trading needs. 🔸 Example #1: The following demonstrates how the Oscillator Copilot can be an excellent trade assistant. The Oscillator Copilot leverages multiple Lune Oscillator features, allowing traders to quickly assess overall market sentiment. It uses Smart Bias and Reversal Radar tools to deliver these insights. For instance, at point 1, a bullish Smart Bias (denoted by a green circle) represents a collective bullish sentiment from multiple components of Lune Oscillator, often leading to a price increase. Conversely, at point 2, we identify two bearish reversal signals from the Reversal Radar (highlighted by red triangles). This convergence of bearish signals from multiple components hints at a potential market reversal, often followed by a gradual price decline. 🔸 Example #2: This example shows how the Market Peak feature can aid in detecting potential market tops and bottoms. Market Peak calculates how overbought or oversold a ticker is using a percentile system, offering insights into potential reversals. At points 1 and 2, we observe bearish Market Peaks suggesting overbought conditions and indicating a possible shift in trend. Subsequent to these peaks, we witness a price drop, mirroring the overbought market conditions. In contrast, at point 3, a bullish Market Peak suggests an oversold market, indicating a potential trend reversal and subsequent price increase. 🔸 Example #3: This is an example of how combining various features such as the Money Pulse, Liquidity Pulse, Institutional Wave, and Market Peak, can help make more informed trades. Money Pulse and Liquidity Pulse provide insights into the money and liquidity flow in the market, respectively, while the Institutional Wave monitors the cumulative volume shifts and changes. Together with Market Peak, they offer a comprehensive view of the market's state. At point 1, the positive Liquidity Wave (crossing above 0) suggests a bullish market volume. At point 2, a bullish Market Pressure indicates an increase in buying pressure, reinforcing the bullish sentiment. At point 3, a negative Liquidity Wave (crossing below 0) indicates a bearish sentiment, suggesting that market participants are exiting their positions. The concurrent Market Pressure hints at an increase in selling activity. Taking all these factors into account provides a strong indicator that the market sentiment has turned bearish. 🟥 Conclusion Lune Oscillator aims to provide a suite of tools that bring unique value to traders. Each feature is designed to offer different, yet complementary, perspectives on the market, allowing users to piece together a more comprehensive understanding of their trading environment. 🔻 Access You can see the Author's instructions below to get instant access to this indicator & our Premium Suite. 🔻 Disclaimer Lune Oscillator is a tool for aiding in market analysis and is not a guarantee of future market performance or individual trading success. We strongly recommend that users combine our tool with their trading strategies and do their due diligence before making any trading decisions. Remember, past performance is not indicative of future results. Please trade responsibly.
Penunjuk Pine Script®
oleh LuneTrading
Bulls v BearsThis script helps you identify the relative strength of bulls and bears in the market. It calculates the difference between the high and the moving average for bulls, and the difference between the moving average and the low for bears. Then it normalizes the values between -100 and 100 using the highest and lowest values of the last "bars back" periods. This allows you to compare the current strength of bulls and bears relative to their historical strength. The output of the script is a colored column chart that represents the difference between the normalized bulls and bears values. If the chart is mostly green, it means the bulls are currently stronger than the bears, and vice versa for a mostly red chart. Additionally, the script provides bullish and bearish signals based on when the normalized bulls cross above or below the user-defined "Line Height" value. You can use this script to help you identify potential trend changes in the market, as well as to confirm existing trends.
Penunjuk Pine Script®
oleh Mihkel00
8
MFI + RSI + MOM With Bull & Bear Trend LabelMOMENTUM + MONEY FLOW INDEX + RELATIVE STRENGTH INDEX WITH BULL & BEAR LABELS This is a combination of 3 popular indicators. Momentum(MOM), Money Flow Index(MFI) and Relative Strength Index(RSI) along with color changing labels that tell you each indicator's current trend. The middle white line shows the level that each indicator needs to stay above to be bullish and below for bearish. Watch for all three indicators to cross and hold above or below the mid line for big moves. It is important to note that these indicators do not need to be going up to be bullish or down to be bearish. They just need to hold above or below the mid line to understand the overall trend. The momentum indicator is the most relevant in my opinion. If it is holding above the mid line steadily, usually the overall trend will continue upwards so look to buy the dips if the momentum cloud is staying above the white line and vice versa. It is also important to note that the default settings for this indicator are the 100 period as I find it to be super relevant across most charts but these numbers can be changed in the indicator settings. Since momentum swings wildly past the normal 0-100 range, it is important to note that the momentum line has been “normalized” to stay within this same range as the rsi and mfi. So if you look at a normal momentum indicator side by side with this indicator it will not look the same however, I find it to be a very good indicator of overall direction so I know the current market sentiment even when price is diverging from the indicator directions. All of the colors, sources and lengths can be easily customized in the indicator settings input tab. ***HOW TO USE*** When Momentum is above the mid line, it is bullish. When Momentum is below the mid line, it is bearish. A label on the right side will update in real time to tell you if momentum is Bullish or Bearish for faster recognition of the trend. When RSI is above the mid line, it is bullish. When Momentum is below the mid line it is bearish. A label on the right side will update in real time to tell you if RSI is Bullish or Bearish for faster recognition of the trend. When MFI is above the mid line, it is bullish. When MFI is below the mid line it is bearish. A label on the right side will update in real time to tell you if MFI is Bullish or Bearish for faster recognition of the trend. This indicator was built to help you quickly identify the Bullish or Bearish nature of the current trend with a live color changing label so you can glance at the label and understand it's direction without analyzing the indicator data. ***MARKETS*** This indicator can be used as a signal on all markets, including stocks, crypto, futures and forex. ***TIMEFRAMES*** This mom + mfi + rsi indicator can be used on all timeframes. ***TIPS*** Try using numerous indicators of ours on your chart so you can instantly see the bullish or bearish trend of multiple indicators in real time without having to analyze the data. Some of our favorites are our Auto Fibonacci, Directional Movement Index, Volume Profile, Auto Support And Resistance and Money Flow Index in combination with this indicator. They all have real time Bullish and Bearish labels as well so you can immediately understand each indicator's trend.
Penunjuk Pine Script®
oleh FriendOfTheTrend
20
M.Right Bulls-V-Bears -Tug-of-War- SquidGame Themed(cc)Hello Traders, I've decided to finally release an indicator I've spent several hours working to get just right and as far as I know, there isn’t one as accurate. And.... decided to add a little Squid Game theme to it just for fun. ……"The game is Tug of War, the side that pulls the rope from the middle to their side wins. Let the game begin."…… This indicator is not a typical one. 1) It shows visually when Bull volume or Bear volume is ‘pulling the rope to their side’. 2) It uses several different formulas to get an accurate read on the level of volume, but still keeps peaks and troughs within 100 for easy reading. 3) Update: It was originally meant to be used strictly with other indicators, but it can now be used as a standalone indicator. Legend: 1) The top line signals give the major signals – a. Red cross = Bearish volume strength and continuation. b. Green cross = Bullish volume strength and continuation. i. + Green Dot inside enhances signal. ii. + Red Dot inside weakens signal. c. Blue circle = Can indicate the beginning of a reversal to the upside or downside. d. Pink circle = Can indicate the beginning of a reversal to the downside. 2) The Bottom signals are triggered when one circle-rope crosses over the other, these signals give confirmation to the top line signals – Red bearish / Green bullish. 3) As shown on the chart, the Reversal setup usually consists of a blue circle, followed by a red or green cross, then confirmation from the bottom signal. 4) Without the signals: green obviously is Bullish especially above the threshold set --Red bearish. The regular rope gives trend indication. I've added tooltips to make it easy to understand, feel free to leave a comment if you still have a question! Features: -Tooltips (hover over - Info) for understanding. -Works well on all timeframes; even 5min, I made a tooltip for recommended lengths. -Customizable Signals; with the ability to turn on and off. -Reversal signals: Pink and Blue circles can indicate reversals coming. -Works well as a leading standalone indicator. -Adjustable top signal row. -Highlight background. -Alerts -Rules added (hover over). Cheers, Mike
Penunjuk Pine Script®
oleh UPRIGHTTrading
7
bulls vs bear for VSA(Google translation from Russian.) This indicator is based on the efficiency of bulls and bears for VSA and has the same parameters. Its only difference is that all the values ​​of the efficiency of bulls and bears for VSA indicator are sequentially added here. I want to note that the Period spread - Bars from close to close argument was made for experimental purposes, and shows interesting results for values ​​3-4-5, in theory this is not very logical. Because then the estimate of the spread for this interval (3-4-5) will be divided by the estimate of the volume of the current bar. Also added here is a moving average with a default period of 10 - theoretically, if the indicator is above the moving average - the initiative is behind the bulls - if below - the initiative is behind the bears. It is recommended to use this indicator with the indicator: efficiency of bulls and bears for VSA Volume on bar VSA - indicator V2 Russian language. Этот индикатор сделан на основе efficiency of bulls and bears for VSA и имеет такие же параметры. Единственное отличие его в том, что тут последовательно складываются все значения индикатора efficiency of bulls and bears for VSA . Хочу отметить, что аргумент Period spread - Bars from close to close (Период спреда - Баров от закрытия до закрытия) сделан в экспериментальных целях, и показывает интересные результаты на значения 3-4-5, в теории это не очень логично. Потому-что тогда будет делиться оценка спреда за этот интервал (3-4-5), на оценку величины объема текущего бара. Также тут добавлена скользящая средняя с периодом по умолчанию 10 – теоретически, если индикатор над скользящей средней – инициатива за быками – если ниже – инициатива за медведями. Это индикатор рекомендуется использовать с индикатором: efficiency of bulls and bears for VSA Volume on bar VSA - indicator V2
Penunjuk Pine Script®
oleh Alex_Dyuk
2
Bull vs Bear Power by DGTElder-Ray Bear and Bull Power Dr. Alexander Elder cleverly named his first indicator Elder-Ray because of its function, which is designed to see through the market like an X-ray machine. Developed in 1989, the Elder-Ray indicator can be applied to the chart of any security and helps traders determine the strength of competing groups of bulls and bears by gazing under the surface of the markets for data that may not immediately be ascertainable from a superficial glance at prices The Elder-Ray indicator is comprised by three elements – Bear Power, Bull Power and a 13-period Exponential Moving Average. As the high price of any candle shows the maximum power of buyers and the low price of any candle shows the maximum power of sellers, Elder uses the 13-period EMA in order to present the average consensus of price value. Bull power shows whether buyers are capable of pushing prices above the average consensus of value. Bear power shows whether sellers are capable of pushing prices below the average consensus of value. Mathematically, Bull power is the result of subtracting the 13-period EMA from the high price of the day, and Bear power is the result of subtracting the 13-period EMA from the low price of the day. What does this study implements Attempts to customize interpretation of Alexander Elder's Elder-Ray Indicator (Bull and Bear Power) by • adding additional insights to support/confirm Elder’s strategy with different indicators related with the Elder’s concept • providing different options of visualization of the indicator • providing smoothing capability Other Indicators to support/confirm Elder-Ray Indicator: Colored Directional Movement Index (CDMI) , a custom interpretation of J. Welles Wilder’s Directional Movement Index (DMI) , where : DMI is a collection of three separate indicators ( ADX , +DI , -DI ) combined into one and measures the trend’s strength as well as its direction CDMI is a custom interpretation of DMI which presents ( ADX , +DI , -DI ) with a color scale - representing the trend’s strength, color density - representing momentum/slope of the trend’s strength, and triangle up/down shapes - representing the trend’s direction. CDMI provides all the information in a single line with colored triangle shapes plotted on the top. DMI can provide quality information and even trading signals but it is not an easy indicator to master, whereus CDMI simplifies its usage. Alexander Elder considers the slope of the EMA, which gives insight into the recent trend whether is up or down, and CDMI adds additional insight of verifying/confirming the trend as well as its strength Note : educational content of how to read CDMI can be found in ideas section named as “Colored Directional Movement Index” different usages of CDMI can be observed with studies “Candlestick Patterns in Context by DGT", “Ichimoku Colored SuperTrend + Colored DMI by DGT”, “Colored Directional Movement and Bollinger Band's Cloud by DGT”, and “Technical Analyst by DGT” Price Convergence/Divergence , if we pay attention to mathematical formulations of bull power, bear power and price convergence/divergence (also can be expressed as price distance to its ma) we would clearly observe that price convergence/divergence is in fact the result of how the market performed based on the fact that we assume 13-period EMA is consensus of price value. Then, we may assume that the price convergence/divergence crosses of bull power, or bear power, or sum of bull and bear power could be considered as potential trading signals Additionally, price convergence/divergence visualizes the belief that prices high above the moving average or low below it are likely to be remedied in the future by a reverse price movement Alternatively, Least Squares Moving Average of Price Convergence/Divergence (also known as Linear Regression Curve) can be plotted instead of Price Convergence/Divergence which can be considered as a smoothed version of Price Convergence/Divergence Note : different usages of Price Convergence/Divergence can be observed with studies “Trading Psychology - Fear & Greed Index by DGT”, “Price Distance to its MA by DGT”, “P-MACD by DGT”, where “Price Distance to its MA by DGT” can also be considered as educational content which includes an article of a research carried on the topic Options of Visualization Bull and Bear Power plotted as two separate • histograms • lines • bands Sum of Bull and Bear Power plotted as single • histogram • line • band Others Price Convergence/Divergence displayed as Line CDMI is displayed as single colored line of triangle shapes, where triangle shapes displays direction of the trend (triangle up represents bull and triangle down represent bear), colors of CDMI displays the strength of the trend (green – strong bullish, red – strong bearish, gray – no trend, yellow – week trend) In general with this study, color densities also have a meaning and aims to displays if the value of the indicator is falling or growing, darker colors displays more intense move comparing to light one Note : band's upper and lower levels are calculated by using standard deviation build-in function with multiply factor of 0.236 Fibonacci’s ratio (just a number for our case, no any meaning) Smoothing No smoothing is applied by default but the capability is added in case Price Convergence/Divergence Line is assumed to be used as a signal line it will be worth smoothing the bear, bull or sum of bear and bull power indicators Interpreting Elder-Ray Indicator, according to Dr. Alexander Elder Bull Power should remain positive in normal circumstances, while Bear Power should remain negative in normal circumstances. In case the Bull Power indicator enters into negative territory, this implies that sellers have overcome buyers and control the market. In case the Bear Power indicator enters into positive territory, this indicates that buyers have overcome sellers and control the market. A trader should not go long at times when the Bear Power indicator is positive and he/she should not go short at times when the Bull Power indicator is negative. 13-period EMAs slope can be used in order to identify the direction of the major trend. According to Elder, the most reliable buy signals are generated, when there is a bullish divergence between the Bear Power indicator and the price (Bear Power forms higher lows, while the market forms lower lows). The most reliable sell signals are generated, when there is a bearish divergence between the Bull Power indicator and the price (Bull Power forms lower highs, while the market forms higher highs). There are four basic conditions, required to go long or short, with the use of the Elder-Ray method alone. In order to go long: 1. The market is in a bull trend, as indicated by the 13-period EMA 2. Bear Power is in negative territory, but increasing 3. The most recent Bull Power top is higher than its prior top 4. Bear Power is going up from a bullish divergence The last two conditions are optional that fine-tune the buying decision In order to go short: 1. The market is in a bear trend, as indicated by the 13-period EMA 2. Bull Power is in positive territory, but falling 3. The most recent Bear Power bottom is lower than its prior bottom 4. Bull Power is falling from a bearish divergence The last two conditions are optional, they provide a stronger signal for shorting but they are not absolutely essential If a trader is willing to add to his/her position, he/she needs to: 1. add to his/her long position, when the Bear Power falls below zero and then climbs back into positive territory 2. add to his/her short position, when the Bull Power increases above zero and then drops back into negative territory. note : terminology of the definitions used herein are as per TV dictionary Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely Disclaimer : The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Penunjuk Pine Script®
oleh dgtrd
62
Kai's Bitcoin Bull/Bear staircaseStaircase indicating a long term Bulltrend or a Beartrend It is optimised for Bitcoin but can be used in any market. Green = Bulltrend Red = Beartrend A crossover with price indicates a switch from bull to bear or vice versa. But one should also keep in mind previous support and resistance to reduce fakeouts. Most of the time however this is very accurate and it indicates the start of a long term trend. There is also an aggressive mode (default) or conservative mode setting.
Penunjuk Pine Script®
oleh kssrn1
Elder ray ( Bull power and bear power combined )Elder-ray is an indicator named for its similarity to x-rays. It shows the structure of bullish and bearish power below the surface of the markets. Elder-ray combines a trend- following moving average with two oscillators to show when to enter and exit long or short positions. A moving average reflects the average consensus of value. The high of each bar reflects the maximum power of bulls during that bar. The low of each bar marks the maximum power of bears during that bar. Elder-ray works by comparing the power of bulls and bears during each bar with the average consensus of value. Bull Power reflects the maximum power of bulls relative to the average consensus, and Bear Power the max- imum power of bears relative to that consensus. When the high of a bar is above the EMA, Bull Power is positive. When the entire bar sinks below the EMA, which happens during severe de- clines, Bull Power becomes negative. When the low of a bar is below the EMA, Bear Power is negative. When the entire bar rises above the EMA, which happens during wild rallies, Bear Power becomes positive. The slope of a moving average identifies the current trend of the mar- ket. When it rises, it shows that the crowd is becoming more bullish; it is a good time to be long. When it falls, it shows that the crowd is becoming more bearish; it is a good time to be short. Prices keep getting away from a moving average but snap back to it, as if pulled by a rubber band. Bull Power and Bear Power show the length of that rubber band. Knowing the “Buy low, sell high” sounds good, but traders and investors seem to have been more comfortable buying Lucent above 70 than below 7. Perhaps they are not as rational as the efficient market theorists would like us to believe? Elder-ray gives rational traders a glimpse into what is going on below the sur- face of the market. When the trend, identified by the 22-day EMA, is down and bulls are under water, the rallies back to the surface mark shorting opportunities normal height of Bull or Bear Power reveals how far prices are likely to get away from their moving average before returning. Elder-ray offers one of the best insights into where to take profits—at a distance away from the moving average that equals the average Bull Power or Bear Power. Elder-ray gives buy signals in uptrends when Bear Power turns nega- tive and then ticks up. A negative Bear Power means that the bar is strad- dling the EMA, with its low below the average consensus of value. Waiting for Bear Power to turn negative forces you to buy value rather than chase runaway moves. The actual buy signal is given by an uptick of Bear Power, which shows that bears are starting to lose their grip and the uptrend is about to resume. Take profits at the upper channel line or when a trend- following indicator stops rising. Profits may be greater if you ride the uptrend to its conclusion, but taking profits at the upper channel line is more reliable. Elder-ray gives shorting signals in downtrends when Bull Power turns positive and then ticks down. We can identify the downtrend by a declin- ing daily or weekly EMA. A positive Bull Power shows that the bar is strad- dling the EMA, with its high above the average consensus of value. Waiting for Bull Power to turn positive before shorting forces you to sell at or above value instead of chasing waterfall declines. The actual short- ing signal is given by a downtick of Bull Power, which shows that bulls are starting to slip and the downtrend is about to resume. Once short, take profits at the lower channel line or when the trend-following indicator stops falling, depending on your style.
Penunjuk Pine Script®
oleh Biticon
Volume Plus (Volume+)View Total Volume, Bull Volume, and/or Bear Volume. View Volume Effectiveness to reveal how Volume has effected the price. View the Moving Average of any of the above metrics, selecting one or more types of moving averages(SMA, EMA, RMA, SWMA, VWMA, WMA, or ALMA). Create nearly infinite crossovers by activating the Secondary Moving Average and choosing a longer or shorter Length. Use the highlighter to quickly filter out noise and focus the events you're searching for, by choosing one or more highlight-scenarios from the Highlighting Menu. Use the Average Amplifier to fine tune your Highlighting results. Use as an ordinary Volume Indicator Show the Bullish volume within Total Volume Show the Bearish volume within Total Volume Show the Bullish and Bearish volume simultaneously within Total Volume Create crossovers like this one, Bullish Volume Average with Bearish Volume Average Show the gas mileage of volume, the Volume Effectiveness Create crossovers like this, Volume Effectiveness 14 with Volume Effectiveness 60 Use Amplifiers to show things that are usually out of scale with one another, like Volume Effectiveness with Volume Use the Highlighter to show anything, like here, when Bearish Volume was above average AND Volume Effectiveness was under average From left to right, the Indicator Values are as follows: 1) Total True Volume (red, green, or gray when viewed alongside Bulls/Bears) 2) Volume Winner - Bulls v/s Bears (red or green) 3) Volume Loser - Bulls v/s Bears (red or green) 4) Volume Effectiveness (blue) 5) Design Spacer - Ignore This (green) 6) Design Spacer - Ignore This (red) 7) Total True Volume Primary Moving Average (dark gray) 8) Total True Volume Secondary Moving Average (dark gray) 9) Inferred Bullish Volume Primary Moving Average (dark green) 10) Inferred Bullish Volume Secondary Moving Average (dark green) 11) Inferred Bearish Volume Primary Moving Average (dark red) 12) Inferred Bearish Volume Secondary Moving Average (dark red) 13) Volume Effectiveness Primary Moving Average (blue) 14) Volume Effectiveness Secondary Moving Average (blue) Click the sprocket and you'll find the following settings (which are explained below): Total True Volume - This is your everyday, ordinary volume indicator, a total sum of the volume from each candle. Inferred Bullish Volume - This subtracts Bearish Volume out of the Total True Volume. But without the bull-volume data from the exchange, we can only forensically infer the bullish volume by evaluating OHLC data to guess what ratio of upward v/s downward movement happened within the candle. Inferred Bearish Volume - This subtracts Bullish Volume out of the Total True Volume. But without the bear-volume data from the exchange, we can only forensically infer the bearish volume by evaluating OHLC data to guess what ratio of downward v/s upward movement happened within the candle. Volume Effectiveness - This shows how much price movement occurred for each unit of Volume, by dividing the Price Change of each candle by the Total True Volume of each candle. If this volume were gas-mileage, then Volume would be the gas and Price would be the mileage. • Inferred Effectiveness - Rather than using the Price Change divided by the Total True Volume, this method of determining Volume Effectiveness uses the Total Price-Mileage divided by the Total True Volume. The Total Price-Mileage is determined by figuring the high minus low, the wick times two, and the tail times two, and ad
Penunjuk Pine Script®
oleh jdhadwin
34
Delta Hedging PressureDelta Hedging Pressure – Cumulative Volume Delta Proxy This open-source indicator calculates and displays a simple proxy for **net hedging / directional pressure** using volume-weighted candle direction (often called cumulative delta or cumulative volume delta in order-flow analysis). Core Concept In many markets (especially futures, forex, crypto, indices), large players (institutions, market makers, hedgers) tend to accumulate directional exposure over time. When aggressive buying or selling occurs, it often shows up as sustained volume in one direction. This script approximates that pressure by: - Assigning +volume to bullish candles (close > open) - Assigning –volume to bearish candles (close < open) - Neutral (0) for doji-type bars - Cumulatively summing this "delta" over a user-defined lookback or since the start of each trading day The result is a running total line that drifts up during net buying pressure (potential bullish bias / short covering / hedging demand) and down during net selling pressure (potential bearish bias / long liquidation / hedging supply). Why this is useful - Acts as a **sentiment / bias filter** — helps traders see whether underlying participation supports the current price move. - Session reset option (default: true) makes it particularly effective on intraday charts (1m–1h), where daily resets align with institutional session flows (e.g., Asian, London, NY). - Background coloring (green/red/gray) provides instant visual context for current net pressure without cluttering the price chart. - Zero-line crossovers and divergence from price can highlight exhaustion or absorption points. Calculation Details 1. Per-bar delta = volume × direction direction = +1 (green candle), –1 (red candle), 0 (doji) 2. Cumulative sum (cumHedge): - Resets to current bar's delta on new day if "Reset on New Day" is enabled - Otherwise runs continuously across all history 3. Sentiment label (last bar only): - Bullish if cumHedge > 0 - Bearish if cumHedge < 0 - Neutral if exactly 0 Key Features - Cumulative Hedge Pressure line (blue) — main plot - Zero line (gray) — reference for net buying vs selling - Optional background coloring (green = bullish bias, red = bearish, gray = neutral) - Last-bar label showing current "Hedge Bias" (Bullish / Bearish / Neutral) How to Use - Best on lower timeframes (1m–15m) for intraday bias or higher (1h–4h) for swing context. - Keep "Reset on New Day" enabled for daily institutional reset alignment (most common use case). - Interpretation examples: → Rising cumulative delta + rising price = strong bullish participation (healthy uptrend) → Falling cumulative delta + rising price = bearish divergence (possible distribution / weak rally) → Cumulative delta near zero = balanced / choppy market → Strong divergence near extremes often precedes reversals or absorption - Combine with price action, support/resistance, or volume profile — never use in isolation. - Toggle background off if it distracts from price reading. Inputs - Cumulative Length: controls smoothing / memory when reset is disabled (default 50) - Reset on New Day: true = daily reset (recommended for intraday), false = continuous - Show Background Bias: toggle green/red/gray session coloring Publishing Recommendation - Apply to a clean chart (no other indicators needed for basic use). - Recommended symbols: futures (ES, NQ, GC), forex majors, BTC/USD, XAUUSD — any instrument with reliable volume data. - Use default settings for initial testing. This is a lightweight, educational tool built for transparency — fully open-source. It is not a standalone signal generator and does not predict price direction with certainty. Trading involves significant risk. Feedback welcome — happy charting!
Penunjuk Pine Script®
oleh uzair2join
BULL-BEAR-WALLDEMPurpose and Overview Designed for minimalistic charting, this indicator computes RSI (default 14-period on close) but hides all visuals—plots, bands, fills, and smoothing—to focus solely on divergence signals. With overlay=true, it integrates labels onto the main price chart, eliminating separate panes and scale issues. Divergences highlight momentum-price mismatches: bullish for potential upturns (e.g., weakening downtrends), bearish for downturns (e.g., fading rallies). The calculateDivergence input (default false) gates the logic, optimizing for user control and performance. Technical Implementation RSI Core: Employs ta.change(), ta.rma() for up/down averages, yielding rsi = 100 - (100 / (1 + up / down)). Divergence Module: Uses ta.pivotlow()/ta.pivothigh() with fixed lookbacks (left/right: 5) and range filter (5-60 bars). Conditions: Bullish (rsiHL && priceLL), Bearish (rsiLH && priceHH), evaluated conditionally. Rendering: plotshape() for labels (" Bull "/ " Bear ") at bar extremes (location.belowbar/abovebar), offset by -lookbackRight. Colors: green bull, red bear. Hiding: color=na for plots/hlines; transparent color.new(..., 100) for fills. Smoothing via switch (SMA/EMA/etc.) but invisible. Alerts: alertcondition() with pivot context messages. The structure prioritizes readability: grouped inputs, modular functions, and no unnecessary visuals. Usage Scenarios and Tips Apply to trending markets—e.g., 4H BTCUSD for crypto reversals or daily TSLA for stock pullbacks. Enable divergence in settings; labels offset to pivots aid quick scans. Pair with volume or trends for confirmation; alerts enable real-time monitoring. For backtesting, adapt to strategy() using conditions as entry signals. Customization Options Inputs: RSI length (min 1), source, divergence toggle (hidden display). Smoothing: Hidden group with MA types, lengths, BB multipliers. Extensions: Expose lookbacks as input.int(); add hidden divergences or MTF via request.security(). Limitations and Considerations Signals rely on data: No divergences mean no labels; adjust parameters for sensitivity. Repainting possible on live bars; best on closed data. Not standalone: Divergences (55-65% historical accuracy per studies) need context to avoid false positives in strong trends. v6-dependent; compatible but feature-limited in v5.
Penunjuk Pine Script®
oleh walldem
Paavvrri Bulls vs Bears + MACD Ultimate [FINAL]To publish the Paavvrri Bulls vs Bears + MACD Ultimate, you need a description that highlights the combination of sentiment analysis and momentum tracking. Here is a professional, concise description for your TradingView publication: Paavvrri Bulls vs Bears + MACD Ultimate The Paavvrri Bulls vs Bears + MACD Ultimate is a high-performance oscillator suite designed to reveal the hidden battle between buyers and sellers. By combining a multi-layered AI sentiment engine with a precision-tuned "Ultimate MACD," this tool provides a dual-perspective view of market momentum and conviction. ### 1. Bulls vs Bears AI Engine Unlike standard oscillators, the BvB AI calculates a Cumulative Sentiment Score by stacking seven distinct layers of market data: RSI & Momentum: Measures speed and over-extension. Trend & PA Layers: Analyzes EMA spreads and Price Action candle efficiency. Volume & Volatility: Confirms move conviction and ATR-based expansion. S/R Positioning: Tracks where price sits relative to its recent range. The Result: A stacked histogram that visually shows which side is winning the tug-of-war. ### 2. Ultimate MACD Component Switch to the "Ultimate MACD" mode for a professional-grade momentum workspace: MTF Support: View MACD signals from higher timeframes on your current chart. 4-Color Histogram: Advanced color coding to distinguish between accelerating and decelerating momentum. Smart Cross Dots: High-visibility signals for Bullish/Bearish crossovers. Dynamic Lines: Color-shifting MACD and Signal lines for instant trend bias identification. ### Key Features Switchable Interface: Toggle between "BvB AI" and "Ultimate MACD" using the Master Input to keep your workspace clean. AI Info Table: A real-time dashboard displaying raw Bull/Bear scores and an overall market Sentiment label. Zero-Repaint Logic: Optimized for Pine Script v6 with high-fidelity calculations. ### How to Trade Sentiment Confluence: Look for the Total Bulls (Green) or Total Bears (Red) columns to exceed the Zero Line while the MACD confirms the direction. Layer Breakouts: When all seven layers of the BvB AI expand simultaneously, it indicates a high-probability "Power Move." MACD Precision: Use the Cross Dots at the Zero Line for high-conviction entries during trending markets. ### Release Notes (Final Version) Modern Timeframe Logic: Replaced obsolete inputs with the Pine v6 timeframe standard. Performance Tuning: Faster calculation for multi-layer stacking. Enhanced Visuals: Improved column transparency for better readability.
Penunjuk Pine Script®
oleh paavvrri
Ultimate Pattern Engine - Elite Suite v54Here's the description I wrote for your Pine Script publication: Ultimate Pattern Engine - Elite Suite v54 A comprehensive technical analysis tool combining multiple pattern recognition algorithms and indicators in one powerful suite. Pattern Recognition: Head & Shoulders patterns with automatic neckline detection Bull and Bear flag formations 9-count sequential patterns Breakout pattern detection with alerts Support/Resistance zones with dynamic S/R levels Reversal cloud visualization Moving Averages: Multiple Simple Moving Averages (SMA) - 9, 50, 200 periods Exponential Moving Averages (EMA) with customizable lengths Color-coded for easy trend identification Visual Features: Pattern fill areas for clear visualization Breakout labels showing price action Customizable color schemes (bullish green, bearish red, neutral gray) H&S neckline highlighting Volume multiplier analysis Configuration: Adjustable sensitivity and flatness thresholds Toggle individual patterns on/off Customizable moving average periods and colors Full control over visual elements Ideal for traders looking to identify key chart patterns, trend reversals, and breakout opportunities across all timeframes.
Penunjuk Pine Script®
oleh nbennett1106
Imbalance Volume Trend📌 Imbalance Volume Trend — Fair Value Gaps + Volume Imbalance + Trend Shifts Imbalance Volume Trend is a price-action-driven indicator that automatically detects Fair Value Gaps (FVGs), measures the volume imbalance inside each gap, and builds a dynamic trend structure based on the sequence and strength of imbalances. It visualizes the true power behind impulsive moves and provides early signals of potential trend reversals. 🔍 Core Concept A Fair Value Gap appears when the market moves aggressively in one direction, leaving an “unfair” price zone caused by a strong imbalance between buyers and sellers. These zones are often revisited by price, providing high-probability trading opportunities. This indicator not only marks FVGs but also evaluates how strong the imbalance truly was by analyzing buy/sell volume dominance on the breakout candle. 📘 How the Indicator Works 1. Automatic Fair Value Gap Detection The indicator scans for the classic 3-candle FVG pattern: Bullish Imbalance Candle 2 forms the bullish impulse. A gap remains between the High of Candle 1 and the Low of Candle 3. The indicator draws a bullish rectangle covering this area. Bearish Imbalance Candle 2 forms the bearish impulse. A gap remains between the Low of Candle 1 and the High of Candle 3. A bearish rectangle is drawn around the imbalance. The breakout candle (the middle candle) forms the core of the imbalance and shows the directional expansion of price. 2. Volume Imbalance Percentage (%) A unique feature of this tool is the calculation of buyer vs seller volume dominance inside each imbalance. Can analyze lower-timeframe volumes or tick volumes. The indicator computes how much buyers or sellers dominated during the formation of the FVG. A colored percentage label appears near every imbalance, showing: Buyer dominance % for bullish gaps Seller dominance % for bearish gaps This helps traders understand the strength of each imbalance. Often, during late stages of a trend, the percentage value starts to weaken — giving early warning of trend exhaustion. 3. Imbalance-Based Trend Structure Another powerful component is the Imbalance Trend Engine, which builds a trend direction using consecutive FVGs. A trend continues as long as new imbalances form in the same direction. A trend reversal is detected when: A new imbalance appears in the opposite direction, and Its body breaks through a specified level of the previous imbalance of the current trend. When this event occurs, the indicator plots a colored arrow marking the change in Imbalance Trend. This creates a clean and logical price-action trend model built entirely on institutional-style imbalances. 4. Alerts & Notifications The indicator supports TradingView alerts for: New Imbalance Detected Imbalance Trend Reversal
Penunjuk Pine Script®
oleh trdngclbsmn
Multi EMA + Golden Trio Crossover (Bullish & Bearish) by SKL📌 Multi EMA + Golden Trio Crossover (Bullish & Bearish) — by SKL This indicator plots six key Exponential Moving Averages (EMA 5, 13, 26, 50, 100, 200) and highlights powerful momentum shift signals through the Golden Trio Crossover — a unique setup where EMA 5 crosses both EMA 13 and EMA 26 in the same candle . It works for both bullish and bearish conditions, making it suitable for intraday, swing, and positional trading. 🔍 What is the Golden Trio Crossover? A Golden Trio Crossover occurs when: Bullish: EMA 5 crosses ** above ** EMA 13 *and* EMA 26 in the same candle Bearish: EMA 5 crosses ** below ** EMA 13 *and* EMA 26 in the same candle This triple-confirmation crossover often signals: Early trend reversals Strong continuation breakouts Momentum shift points 📈 What This Indicator Includes 1. Six EMA Lines EMA 5 – Blue EMA 13 – Green EMA 26 – Orange EMA 50 – Black EMA 100 – Gray EMA 200 – Red These EMAs help traders track trend direction, strength, and structure. 🌟 Visual Highlights Green background → Bullish Golden Trio Red background → Bearish Golden Trio Label markers on each signal “BULL GCO” “BEAR GCO” 🔔 Alerts Included You can enable alerts for: Bullish Golden Trio Crossover Bearish Golden Trio Crossover Useful for breakout traders, scalpers, and swing traders. 🎯 How Traders Use This Indicator Identify early trend shifts Spot high-probability breakout candles Confirm entries with multi-EMA confluence Combine with volume, price action, or RSI for even stronger setups 📌 Notes Works on all timeframes Works on all asset classes (Stocks, Indices, Crypto, Forex, Commodities) Fully automatic signal detection
Penunjuk Pine Script®
oleh ASTA-Team
Bulls vs Bears % BoxBulls vs Bears % Box What it does A compact on-chart box that shows the percentage of volume attributed to Bulls vs Bears over a window you choose. It’s a quick market-internals glance: who’s in control right now, by how much, and does the imbalance warrant caution or opportunity. Why use it Fast read of intraday momentum and exhaustion. Confirms trend strength or flags pullback risk when one side dominates. Works on any symbol/timeframe with volume. How it works (simple) The indicator splits each bar’s volume into “bull” or “bear” using one of four rules (you choose): Tick-Rule (close vs prev close) – responsive in chop (default). Body (close vs open) – classic candle color approach. Heikin-Ashi Body – smoother trend read. VWAP (close vs vwap) – bullish if price is above VWAP on the bar. Dojis can be split 50/50 (optional). The box then displays the rolling or session-cumulated bull/bear percentages. Settings Window: Session (RTH) – resets each regular session (you can edit hours/days). Rolling N Bars – moving total over the last N bars. Direction Rule: Tick-Rule, Body, Heikin-Ashi Body, or VWAP. Doji Handling: Split doji volume 50/50 (on/off). Placement: 9 anchors (Top/Middle/Bottom × Left/Center/Right). Colors: Customize header, background, border, and text (dominant vs sub). How to read it Bulls % > Bears % → buyer dominance; trend continuation more likely. Bears % > Bulls % → seller dominance; watch for lower highs/continuation. Extreme imbalance (e.g., >60–70% one side) → strong push but also pullback risk soon. Tip: Pair it with VWAP, your EMA, or structure levels. Use the same window and rule each day for consistency. Notes & Limitations Uses volume-based inference, not true bid/ask delta (which TradingView doesn’t provide). Results vary by rule/window; pick the one that matches your playbook. Requires symbols/timeframes with volume data. Best Practices Intraday futures/indices: Session (RTH) + Tick-Rule is a solid starting point. Trend trading: try Heikin-Ashi Body for smoother dominance signals. Mean-reversion: watch for extremes flipping toward balance. Credits: Built for clarity, speed, and flexibility. Customize colors and placement to fit your layout.
Penunjuk Pine Script®
oleh danhuck365
FVG Zones – shrink on fill (bull/bear)Detects classic 3-candle FVGs (ICT definition). Draws zones as boxes that extend to the right. On each bar close: Checks overlap with the current candle. Shrinks the zone when price wicks into it (bullish: top moves down; bearish: bottom moves up). Deletes the zone once it’s completely filled/closed. Inputs: bullish/bearish zone color, border color, and max number of visible FVGs. Possible extensions: Multi-timeframe FVGs (e.g. H1 FVGs shown on M5). Separate limits for bullish and bearish zones. Alerts for new FVG, partial fill, or closed FVG. Option “Body only” (ignore wicks when detecting overlap). Minimum FVG size filter (ticks/ATR).
Penunjuk Pine Script®
oleh ONI-trades