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Bullish & Bearish Kickerettings You Can Adjust Require Minimum Kick Amount - Ensures the gap is significant enough (default 1%) Only Show Open Equals Low/High kickers - Stricter filter: Bullish: current candle's low equals its open (strong buying) Bearish: current candle's high equals its open (strong selling) Arrow Colors - Customize bullish (blue) and bearish (red) colors Trading Interpretation Bullish Kicker: Strong buying pressure, potential entry for long positions Bearish Kicker: Strong selling pressure, potential entry for short positions or exit longs
Penunjuk Pine Script®
oleh jmslimus
Engulfing Reversal PatternThe Engulfing Reversal Pattern indicator seeks out both bullish and bearish reversal patterns. This indicator offers the user numerous options to modify the indicator to their needs. Key features: Ability to adjust the size of the Engulfing candle in comparison to the prior candle Ability to adjust the number of breakout candles Indicator adapts to the Time Frame it is being used in You can choose between identifying only Bearish patterns, only Bullish patterns or both. Indicator Arrow size can be adjusted in size.
Penunjuk Pine Script®
oleh bothwellpdx
SCOTTGO - MOMO RVOL Trend Painter V2 (Elite Pro)SCOTTGO - MOMO RVOL Trend Painter V2 (Elite Pro) This professional-grade trend-following indicator identifies high-probability "Elite" entry points by combining Relative Volume (RVOL) with strict trend alignment and momentum filters. It is designed to filter out market noise and highlight only the most significant institutional moves. Core Features Elite Signal Logic: Triggers only when high RVOL (default >2.0x) aligns with a confirmed trend (Price vs. VWAP & 9EMA) and positive momentum (RSI & MACD). Dynamic Bar Coloring: Instantly paints bars Green (Bullish) or Red (Bearish) when all "Elite" criteria are met. Smart Labeling: Labels are corner-anchored to the left of the signal bar. This prevents visual clutter and ensures labels never obstruct new price action. Detailed Tooltips: Hover over any "Elite" flag to see a comprehensive breakdown of the specific metrics (RVOL value, Trend status, RSI, and MACD) that triggered the signal. Key Components RVOL Threshold: Adjustable sensitivity to volume spikes. Trend Filter: Optional requirement for price to stay above/below VWAP and the 9EMA. Momentum Filters: Integrated RSI and MACD confirmation to avoid "exhaustion" trades. Visual Customization: Full control over label spacing, colors, and opacity. How to use: Look for the ⭐ ELITE flags as confirmation for trend continuation or high-volume breakouts. Use the triangles for precise candle entry points. Disclaimer: Technical analysis tools are for informational purposes only. Trading involves significant financial risk.
Penunjuk Pine Script®
oleh SCOTTGO
SMT Divergence [Kodexius]SMT Divergence is a correlation-based divergence detector built around the Smart Money Technique concept: when two normally correlated instruments should be making similar swing progress, but one prints a new extreme while the other fails to confirm it. This “disagreement” can be a valuable contextual signal around liquidity runs, distribution phases, and potential reversal or continuation points. The script compares the chart symbol (primary) with a user-selected comparison symbol (for example BTC vs ETH, ES vs NQ, EUR/USD vs GBP/USD) and automatically scans both instruments for confirmed swing highs and swing lows using pivot logic. Once swings are established, it checks for classic SMT conditions: Primary makes a new swing extreme while the comparison symbol forms a non-confirming swing . To support a wider range of markets, the indicator includes an Inverse Correlation option for pairs that typically move opposite to each other (for example DXY vs EUR/USD). With this enabled, the divergence rules are logically flipped so that the script still detects “non-confirmation” in a way that is consistent with the pair’s relationship. The indicator is designed to be readable and actionable. It can draw divergence labels directly on the main chart, connect the relevant swing points with lines, show a compact information table with the last signal and settings, and optionally render the comparison symbol as a mini candle chart in the indicator pane for quick visual validation. 🔹 Features 🔸 Two-Symbol SMT Analysis (Primary vs Compare) Select any comparison symbol to evaluate correlation structure and divergence. The script fetches the comparison OHLC data using the current chart timeframe to keep both series aligned for analysis. 🔸 Inverse Correlation Mode For inversely correlated pairs, enable “Inverse Correlation” so the script interprets confirmation appropriately (for example, a higher low on the comparison instrument might be expected to correspond to a lower low on the primary, depending on the relationship). This helps avoid false conclusions when the pair naturally moves opposite. 🔸 Pivot-Based Swing with Adjustable Sensitivity Swings are detected using confirmed pivots (left bars and right bars). This provides cleaner structural swing points compared with raw candle-to-candle comparisons, and it lets you control sensitivity for different market conditions and timeframes. The script also limits stored swing history to keep performance stable. 🔸 Flexible Detection Mode: Time Matched or Independent Swings You can choose how swings are paired across instruments: Time Matched searches for a comparison swing that occurred at the same pivot time as the primary swing. Independent Swings compares each symbol’s own last two swings without requiring an exact time match. 🔸 Range Control and Noise Filtering To reduce weak or irrelevant signals: “Max Bars Between Swings” ensures the two swings being compared are close enough in structure to be meaningful. “Min Price Diff (%)” can require a minimum percentage change between the primary’s last two swing prices to confirm the move is significant. 🔸 Clear Visual Output with Tooltips When a divergence is detected, the script can print a label (“SMT”) with bullish or bearish styling and a tooltip that includes the symbol pair and the primary swing price for quick context. 🔸 Divergence Lines for Context Optional lines connect the relevant swing points, making it easier to see the exact structure that triggered the signal. One line can be drawn on the main chart and another in the indicator pane for the comparison series. 🔸 Info Table (At a Glance) A compact table can display the active symbols, correlation mode, total divergences stored, and the most recent signal type. 🔸 Alerts Included Built-in alert conditions are provided for bullish SMT, bearish SMT, and any SMT event so you can automate notifications without editing the code. 🔸 Optional Comparison Candle Panel If enabled, the indicator can plot the comparison symbol as candles in the indicator pane. This is useful for confirming whether the divergence is happening around major levels, consolidations, or impulsive legs on the secondary instrument. 🔹 Calculations This section summarizes the core logic used by the script. 1. Data Synchronization (Comparison Symbol) The comparison instrument is requested on the chart’s current timeframe so swing calculations are performed consistently: = request.security(compareSymbolInput, timeframe.period, ) This ensures pivots and swing times are derived from the same bar cadence as the primary chart. 2. Swing Detection via Confirmed Pivots Swings are detected using pivot logic with user-defined left and right bars: primaryPivotHigh = ta.pivothigh(high, pivotLeftBars, pivotRightBars) primaryPivotLow = ta.pivotlow(low, pivotLeftBars, pivotRightBars) Because pivots are confirmed only after the “right bars” have closed, the script stores each swing using an offset so the swing’s bar index and time reflect where the pivot actually occurred, not where it was confirmed. 3. Swing Storage and Retrieval Both symbols maintain arrays of SwingPoint objects. Each new swing is pushed into the array, and older swings are dropped once the array exceeds the configured maximum. This makes the divergence engine predictable and prevents uncontrolled memory growth. The script then retrieves the last and previous swing highs and lows (per symbol) to evaluate structure. 4. Matching Logic (Time Matched vs Independent) When “Time Matched” is selected, the script searches the comparison swing array for a pivot that occurred at the exact same timestamp as the primary swing. When “Independent Swings” is selected, it simply uses the comparison symbol’s last two swings of the same type. 5. Bullish SMT Condition (LL vs HL) A bullish SMT event is defined as: Primary forms a lower low (last low < previous low) Comparison forms a higher low (last low > previous low) If inverse correlation is enabled, the comparison condition flips to maintain logical confirmation rules The two primary swings must be within the configured bar distance window Optional minimum percentage difference must be satisfied A simple anti duplication rule prevents repeated triggers on the same structure These checks are implemented directly in the bullish detection block. 6. Bearish SMT Condition (HH vs LH) A bearish SMT event is defined as: Primary forms a higher high (last high > previous high) Comparison forms a lower high (last high < previous high) Inverse correlation flips the comparison rule Range checks, minimum difference filtering, and duplicate protection apply similarly These checks are implemented in the bearish detection block. 7. Percentage Difference Filter The optional “Min Price Diff (%)” filter measures the relative distance between the last two primary swing prices. This prevents very small structural changes from being treated as valid SMT signals. priceDiffPerc = math.abs(lastSwing.price - prevSwing.price) / prevSwing.price * 100.0 The divergence condition is only allowed to trigger if this value exceeds the user defined threshold. priceOk = priceDiffPerc >= minPriceDiff This filter is especially useful on higher timeframes or during low volatility conditions, where micro structure noise can otherwise produce misleading signals. 8. Visualization and Output When a divergence is confirmed, the script: Stores the event in a divergence array (limited by “Max Divergences to Display”) Draws a directional SMT label with a tooltip (optional) Draws connecting lines using time based coordinates for clean alignment (optional) It also updates an information table on the last bar only, and exposes alertconditions for automation workflows.
Penunjuk Pine Script®
oleh UnknownUnicorn113699460
2
RSI & Bull Bear Power ProRSI & Bull Bear Power Pro RSI & Bull Bear Power Pro is an advanced momentum confirmation indicator that combines RSI behavior with real Bull–Bear market pressure. It detects strong reversals, trend continuation setups, exhaustion zones, and divergence, helping you filter noise and avoid weak entry signals. Works on all markets and timeframes and includes strong buy/sell alerts with non-repainting logic. FEATURE HIGHLIGHTS • RSI + Bull/Bear pressure • Strong Buy / Strong Sell alerts • Divergence detection • Trend confirmation • Exhaustion zones • No repaint • Works on every market & timeframe WHY USE IT Traditional RSI often gives late or weak signals. By confirming momentum with directional power, this tool shows when buyers or sellers actually take control, improving entry timing and filtering false setups. WHO IS IT FOR Scalpers, day traders, swing traders, and anyone who needs high-probability reversal and momentum confirmation signals. INDICATOR DEFINITIONS (Short Technical Notes) RSI (Relative Strength Index) Measures momentum by comparing recent gains and losses. It helps identify overbought/oversold conditions and momentum shifts. Smoothed RSI A moving average applied to RSI to reduce noise and provide a clearer momentum reading. RSI Momentum Shows whether momentum is increasing or decreasing by comparing current RSI to its previous value. RSI Trend Condition Defines trend direction by comparing RSI to its short moving average, helping identify bullish or bearish momentum phases. Bull Power Measures how far the high price is above the EMA. Indicates bullish pressure and buyer strength. Bear Power Measures how far the low price is below the EMA. Indicates bearish pressure and seller strength. Bull/Bear Power (BBP Combined) Combines bull and bear power into one value, showing the balance between buying and selling pressure. BBP Increasing Trend Checks if power is rising compared to the previous bar, confirming strength in the current direction. BBP Positive/Negative Zone Indicates if the market power is dominated by buyers (positive) or sellers (negative). Strong Buy Signal Triggered when RSI exits oversold AND Bull/Bear Power turns positive at the same time. Strong Sell Signal Triggered when RSI exits overbought AND Bull/Bear Power turns negative at the same time. Normal Buy / Sell Signals Conditional mid-level signals based on momentum changes without full confirmation. Bullish Divergence Price makes a lower low while RSI makes a higher low, indicating a potential bullish reversal. Bearish Divergence Price makes a higher high while RSI makes a lower high, indicating a potential bearish reversal. Stop guessing momentum strength. Trade with real confirmation and see who truly controls the market.
Penunjuk Pine Script®
oleh Mo1ra
Engulfing Detector by RWBTradeLabEngulfing Detector by RWBTradeLab A clean, non-repainting engulfing pattern detector designed for traders who rely on price action and candle confirmation. What this indicator does This script automatically identifies and highlights two types of engulfing patterns on closed candles only: 1. Regular Engulfing (R EG) * Regular Buy EG: A bullish candle fully engulfs the previous bearish candle’s high. * Regular Sell EG: A bearish candle fully engulfs the previous bullish candle’s low. 2. E-Regular Engulfing (ER EG) * Detects “extended” engulfing setups where a strong base candle is followed by 2 or more opposite-color candles and then a confirming engulf close. * Useful for spotting delayed but powerful reversals. Visuals on chart * A rectangle (box) is drawn from the base candle to the confirmation candle. * Optional text labels appear above/below the box (offset adjustable). * Separate color controls for: - Regular Buy / Regular Sell - E-Regular Buy / E-Regular Sell Alerts Built-in alerts trigger only at candle close: * R Buy EG * R Sell EG * ER Buy EG * ER Sell EG Each alert includes price and time in the message. Key settings * Candle Length: Scans last N closed candles (running candle excluded). * On/Off toggles: Enable/disable each engulfing type and labels individually. * Text Offset (%): Controls label distance from the box. Non-repainting confirmation All signals and alerts are calculated using confirmed bars only. No running-bar signals → no repainting. Best use Works on any market and timeframe. For higher reliability, combine with: * Key S/R zones * Trend direction * Volume or structure confirmation Disclaimer: This indicator is a pattern-detection tool, not financial advice. Trading involves risk; always use proper risk management and confirm signals with your own analysis. Creator: RWBTradeLab If you find this useful, please leave a like ⭐ and share your feedback.
Penunjuk Pine Script®
oleh RWBTradeLab
2
RSI Regime & Reversals (Leading) — Bull/Bear Trend Finder📈 RSI Regime & Reversals (Leading) — Bull/Bear Trend Finder This advanced RSI-based tool helps identify bullish and bearish market trends before they happen — combining classic RSI analysis with Cardwell-style reversals and range shift detection to act as a leading indicator rather than a lagging one. 🧠 Core Concept The script detects when RSI behavior “shifts ranges,” a signature of trend changes: • Bull Regime — RSI pullbacks hold above ~40 (momentum stays strong) • Bear Regime — RSI rallies stall below ~60 (momentum weakens) It then looks for leading clues inside those regimes: • ✅ Positive Reversal: Price makes a higher low while RSI makes a lower low — a bullish continuation or early trend reversal signal. • ❌ Negative Reversal: Price makes a lower high while RSI makes a higher high — an early warning of weakness. • 🔁 Classic Divergences: Confirms reversals when RSI and price diverge at pivot points. 🎯 Signals • Green “▲ Bull lead” — bullish reversal or divergence detected. • Red “▼ Bear lead” — bearish reversal or divergence detected. • Optional background shading: • 🟩 Teal = Bullish regime • 🟥 Red = Bearish regime ⚙️ Customization • Regime sensitivity — Adjust RSI floor/ceiling for your asset’s volatility. • Pivot sensitivity — Tune pivot lookback (L/R bars) for faster or slower signals. • RSI smoothing — Filters noise without losing responsiveness. • Alerts included — Trigger TradingView alerts for bullish or bearish leading signals. 🕵️‍♂️ Why it’s different Unlike standard RSI divergences (which confirm after the move), this indicator uses positive/negative reversals to identify potential trend shifts early — a technique favored by Andrew Cardwell’s RSI analysis. 📊 Works great for: • Swing trading and trend detection • Spotting momentum regime shifts • Stocks, crypto, FX, indices
Penunjuk Pine Script®
oleh johnathan_m_sabert
Bull & Bear Candle By Background ColorThe essential chart overlay for high-speed momentum confirmation. This professional-grade Pine Script v5 indicator provides instant, unfiltered visual feedback on the market's immediate bias by coloring the chart background based on the short-term relationship between Close and Open. It’s designed to streamline decision-making and enhance trade conviction. Why Traders Use This Tool In dynamic markets, reading momentum rapidly is critical. This indicator removes visual clutter and cognitive lag. Zero-Lag Momentum Filter: Instantly identifies if control belongs to buyers (Close > Open) or sellers (Close < Open). A sustained background color acts as a directional bias filter for all your setups. Trade Confirmation & Conviction: Use the background color as a high-level confluence factor. Only execute Long trades when the background is Bullish and Short trades when it is Bearish. This drastically reduces counter-trend entries. Risk Management Signal: The appearance of the Neutral/Doji Color flags market equilibrium and consolidation, often preceding a critical structural shift. This is your immediate signal to tighten stops or prepare for a potential reversal setup. Dual Confirmation: The script offers a highly requested feature: Bar Coloring layered atop the background to provide a second, granular layer of visual context, making momentum shifts impossible to miss. ⚙️ Key Features & Settings Usage All settings are optimized for clarity, using high transparency to prevent the indicator from obscuring underlying price action or other analytical tools. 🎨 Background Color Settings (Primary) These controls allow you to define the market state you are reading: 1. Background: Bullish Color: Confirms short-term buying pressure (Close > Open). Set a distinct color for confirmed upward momentum. 2. Background: Bearish Color: Confirms short-term selling pressure (Close < Open). Set a high-contrast color for immediate recognition of downward pressure. 3. Background: Neutral/Doji Color: Signals market indecision (Close ≈ Open). Use as a caution flag, highlighting pivot points and ranging periods. ✨ Added Feature: Bar Coloring 4. FEATURE: Enable Bar Coloring: When enabled, the individual candles are colored with a lighter hue matching the background. This provides dual visual confirmation, maximizing impact on lower timeframes where momentum flips quickly. 🧭 How to Achieve Confluence Entry Filter: Wait for the background color to flip to your desired direction, then seek your primary entry signal (e.g., breakout, pullback, or MACD cross). Trade Hold: As long as the background color remains consistent, the short-term momentum is confirmed, justifying the continuation of your trade. Exit Signal: A flip to the Neutral/Doji Color should be treated as a warning shot, signaling a mandatory review of your position and stops. Disclaimer: This indicator is a powerful visual and confirmation tool and does not generate buy/sell signals on its own. It is designed to be used in conjunction with your established trading strategy and comprehensive risk management principles
Penunjuk Pine Script®
oleh Fawzi_Najjar
The Bear & Bull TieWhat it does: Bear & Bull Tie is a moving average crossover indicator that identifies trend reversals and generates entry/exit signals based on the relationship between price and three simple moving averages (SMA 21, SMA 55, SMA 89). The indicator combines these three MAs into an Average Moving Average (AMA) to confirm directional bias, then uses ATR (Average True Range) volatility measurement for dynamic position sizing and stop-loss placement. How it works: The indicator operates on a simple but effective principle: it enters a bullish trend when price closes above all three moving averages simultaneously, and enters a bearish trend when price closes below all three MAs simultaneously. This "three MA alignment" approach filters out noise and confirms genuine trend changes. The indicator then plots: Entry levels at the highest MA during uptrends or lowest MA during downtrends Stop-loss zones calculated using 2x ATR distance from entry prices Trend confirmation fill between price and the Average Moving Average, color-coded blue for bullish and red for bearish The ATR-based stop-loss sizing adapts to market volatility, making it suitable for different market conditions and timeframes. How to use it: Monitor the filled zones to visually confirm your trend bias Watch for alerts when new long or short setups form; entry prices and ATR-based stops are displayed on the chart Trade the zones between your entry level and stop-loss zone, adjusting position size based on your risk tolerance Exit when colors reverse to indicate trend termination The indicator works best on higher timeframes (1H and above) where trend clarity is stronger and false signals are reduced. Alerts: FOR AUTOMATION / NOTIFICATION's (create an alert for B/B tie (2, 4) that uses Any Alert / Function Call ) Long Positions: entries ---> "Bull Tie on NVDA | Entry : 100.5 | ATR Stop : 99.5" exits ------> "Bull Tie on NVDA | Exit : 110.1" Short Positions: entries ---> "Bear Tie on NVDA | Entry : 120.05 | ATR Stop : 85.05" exits -----> "Bear Tie on NVDA | Exit : 100" Credits: This script incorporates concepts and code portions from @LOKEN94 with his explicit permission. Special thanks for the foundational logic that inspired this development. Disclaimer: This indicator is for educational and analytical purposes. It is not financial advice. Past performance does not guarantee future results. Always manage risk properly and use stops. Test thoroughly on historical data before live trading.
Penunjuk Pine Script®
oleh Beck_Mullen
16
BTC Bull/Bear marketThis indicator plots the 350-period Simple Moving Average (SMA) calculated on the Daily ("D") timeframe. he color of the SMA line is determined by the closing price of the 2-Week ("2W") timeframe. 1. It fetches the 350-day SMA value (`sma350_daily`). 2. It checks where the *last closed* 2-Week candle finished relative to this SMA line. 3. If the 2W candle closed *above* the 350 SMA, the line is colored GREEN. 4. If the 2W candle closed *below* the 350 SMA, the line is colored RED. This helps to visualize the long-term trend (350 SMA) confirmed by a higher (2W) timeframe bias, using non-repainting logic (`close `) for the color signal.
Penunjuk Pine Script®
oleh Chart_Flow
Bull Bear Indicator# Bull Bear Indicator - TradingView Script Description ## Overview The Bull Bear Indicator is a powerful visual tool that instantly identifies market sentiment by coloring all candlesticks based on their position relative to a moving average. This indicator helps traders quickly identify bullish and bearish market conditions at a glance. ## Key Features ### 🎨 Visual Bull/Bear Identification - **Green Candles**: Price is at or above the moving average (Bullish condition) - **Red Candles**: Price is below the moving average (Bearish condition) - Complete candle coloring including body, wicks, and borders for maximum clarity ### 📊 Flexible Moving Average Options - **MA Type**: Choose between Simple Moving Average (MA) or Exponential Moving Average (EMA) - **Timeframe**: Select Weekly or Daily timeframe for the moving average calculation - **Customizable Period**: Adjust the MA/EMA period (default: 50) ### 📈 Smooth Moving Average Line - Displays a smooth blue moving average line on the chart - Automatically adapts to your selected timeframe and MA type - Provides clear visual reference for trend identification ## How It Works The indicator calculates a moving average (MA or EMA) based on your selected timeframe (Weekly or Daily). It then compares the current price to this moving average: - **Bull Market**: When price ≥ Moving Average → Candles turn **GREEN** - **Bear Market**: When price < Moving Average → Candles turn **RED** ## Configuration Options 1. **MA Type**: Choose "MA" for Simple Moving Average or "EMA" for Exponential Moving Average 2. **Timeframe**: Select "Weekly" for weekly-based MA or "Daily" for daily-based MA 3. **MA Period**: Set the number of periods for the moving average calculation (default: 50) ## Use Cases - **Trend Identification**: Quickly identify overall market trend direction - **Entry/Exit Signals**: Use color changes as potential entry or exit signals - **Multi-Timeframe Analysis**: Combine with different chart timeframes for comprehensive analysis - **Visual Clarity**: Reduce chart clutter while maintaining essential trend information ## Best Practices - Use Weekly MA for longer-term trend identification - Use Daily MA for shorter-term trend analysis - Combine with other technical indicators for confirmation - Adjust the MA period based on your trading style and timeframe ## Technical Details - Built with Pine Script v6 - Overlay indicator (displays on main chart) - Optimized for performance - Compatible with all TradingView chart types --- **Note**: This indicator is for educational and informational purposes only. Always conduct your own analysis and risk management before making trading decisions.
Penunjuk Pine Script®
oleh mychaelgo
RSI + Elder Bull-Bear pressure RSI + Bull/Bear (Elder-Ray enhanced RSI) What it is An extended RSI that overlays Elder-Ray Bull/Bear Power on the same, zero-centered scale. You get classic RSI regime cues plus a live read of buy/sell pressure, with optional smoothing, bands, and right-edge value labels. Key features RSI with bands – default bands 30 / 50 / 70 (editable). Bull/Bear Power (Elder) – ATR-normalized; optional EMA/SMA/RMA/HMA smoothing. One-pane overlay – RSI and Bull/Bear share a common midline (RSI-50 ↔ panel 0). Right-edge labels – always visible at the chart’s right margin with adjustable offsets. How to read it Cyan line = RSI (normalized) Above the mid band = bullish regime; below = bearish regime. Green = Bull Power, Red = Bear Power Columns/lines above 0 show buy pressure; below 0 show sell pressure. Smoothing reduces noise; zero-line remains your key reference. Trade logic (simple playbook) Entry BUY (primary): RSI crosses up through 50 (regime turns bullish), and Bull (green) crosses up through 0 (buy pressure confirms). SELL (primary): RSI crosses down through 50, and Bear (red) crosses down through 0 (sell pressure confirms). Alternative momentum entries Aggressive BUY: Bull (green) pushes above RSI-80 band (strong upside impulse). Aggressive SELL: Bear (red) pushes below RSI-30 band (strong downside impulse). Exits / trade management In a long: consider exiting or tightening stops if Bear (red) dips below the 0 line (rising sell pressure) or RSI loses 50. In a short: consider exiting or tightening if Bull (green) rises above 0 or RSI reclaims 50. Tip: “0” on the panel is your pressure zero-line (maps to RSI-50). Most whipsaws happen near this line; smoothing (e.g., EMA 21) helps. Defaults (on first load) RSI bands: 30 / 50 / 70 with subtle fills. Labels: tiny, pushed far right (large offsets). Bull/Bear smoothing: EMA(21), smoothed line plot mode. RSI plotted normalized so it overlaps the pressure lines cleanly. Tighten or loosen the Bull/Bear thresholds (e.g., Bull ≥ +0.5 ATR, Bear ≤ −0.5 ATR) to demand stronger confirmation. Settings that matter Smoothing length/type – balances responsiveness vs. noise. Power/RSI Gain – visual scaling only (doesn’t change logic). Band placement – keep raw 30/50/80 or switch to “distance from 50” if you prefer symmetric spacing. Label offsets – move values clear of the last bar/scale clutter. Good practices Combine with structure/ATR stops (e.g., 1–1.5× ATR, swing high/low). In trends, hold while RSI stays above/below 50 and the opposite pressure line doesn’t dominate. In ranges, favor signals occurring near the mid band and take profits at the opposite band. Disclaimer: This is a research/visual tool, not financial advice at any kind. Test your rules on multiple markets/timeframes and size positions responsibly.
Penunjuk Pine Script®
oleh PDK1977
Bull-Bear EfficiencyBull-Bear Efficiency This indicator measures the directional efficiency of price movement across many historical entry points to estimate overall market bias. It is designed as a trend gauge rather than a timing signal. Concept For each historical bar (tau) and a chosen lookahead horizon (h), the script evaluates how efficiently price has traveled from that starting point to the endpoint. Efficiency is defined as the net price change divided by the total absolute movement that occurred along the path. Formula: E(tau,h) = ( Price - Price ) / ( Sum from i = tau+1 to tau+h of | Price - Price | ) This measures how "straight" the path was from the entry to the current bar: If price moved steadily upward, the numerator and denominator are nearly equal, and E approaches +1 (efficient bullish trend). If price moved steadily downward, E approaches -1 (efficient bearish trend). If price chopped back and forth, the denominator grows faster than the numerator, and E approaches 0 (inefficient movement). The algorithm computes this efficiency for many past starting points and multiple horizons, optionally normalizing by ATR to account for volatility. The efficiencies are then weighted by recency to emphasize more recent behavior. From this, the script derives: Bull = weighted average of positive efficiencies Bear = weighted average of negative efficiencies (absolute value) Net = Bull - Bear (net directional efficiency) Interpretation Bull, Bear, and Net quantify how coherently the market has been trending. Bull near 1.0, Bear near 0.0, Net > 0 -> clean upward trends; long positions have been more efficient. Bear near 1.0, Bull near 0.0, Net < 0 -> clean downward trends; short positions have been more efficient. Bull and Bear both small or similar -> low-efficiency, range-bound environment. Net therefore acts as a "trend coherence index" that measures whether price action is directionally organized or noisy. Practical Use Trend filter: Apply trend-following systems only when Net is strongly positive or negative. Avoid them when Net is near zero. Regime change detection: Crossings through zero often correspond to transitions between trending and ranging regimes. Momentum loss detection: If price makes new highs but Net or Bull weakens, it suggests trend exhaustion. Settings Overview Lookback: Number of historical bars considered as entry points (tau values). Horizons: List of forward projection lengths (in bars) for measuring efficiency. Recency Decay (lambda): Exponential weighting that emphasizes recent data. Normalize by ATR: Adjusts "effort" to account for volatility changes. Display Options: Toggle Bull, Bear, Net, or Signed Average (S). Customize line colors. Notes This indicator does not produce entry or exit signals. It is a statistical tool that measures how efficiently price has trended over time. High Net values indicate smooth, coherent trends. Low or neutral Net values indicate noisy, directionless conditions.
Penunjuk Pine Script®
oleh Tradenometry
1
Bull-Bear PressureBULL-BEAR PRESSURE Uniqueness Bull-Bear Pressure measures the live tug-of-war between bullish and bearish momentum by transforming internal engine data into a visual gauge of market pressure. How It Works The indicator processes dual data feeds — one representing bullish pressure and the other bearish pressure. These values update in real time showing how pressure dynamics are currently distributed and highlighting areas where momentum dynamics may be adjusting. Usefulness By monitoring pressure dynamics, traders gain context on whether moves are supported by strong participation or fading momentum. It adds depth to directional bias especially when viewing multiple timeframe charts side by side. How to Use It Overlay Bull-Bear Pressure on your chart and compare shifts in bullish vs bearish strength. Use it underneath multi-timeframe or forecast-style indicators for added context. Disclaimer This indicator produces visual and informational outputs only. It does not generate trade signals, entry/exit rules, or backtestable strategies. The tool is intended purely as an educational resource to help users interpret market behavior. It does not constitute financial advice, and past performance does not guarantee future results. Trading involves risk, and you may lose some or all of your investment. Release Notes: v1.0 (Initial Release)
Penunjuk Pine Script®
oleh Predator-Trading-Systems
Bull/Bear Thermometer - GSK-VIZAG-AP-INDIABull/Bear Thermometer - GSK-VIZAG-AP-INDIA Overview The Bull/Bear Thermometer is a visual volume-based indicator designed to gauge the cumulative buying (bullish) and selling (bearish) pressure over customization time intervals on any chart. It uses Cumulative Volume Delta (CVD) to track buying and selling dominance and visually represents this data as vertical bar meters with percentage scales. Key Features Multi-Time frame Accumulation: Allows users to select accumulation intervals - Daily, Weekly, or Monthly - adapting to their trading style and time frame. Cumulative Volume Delta (CVD) Computation: Calculates the net buying and selling volume by comparing volume on bullish and bearish bars to measure market strength. Visual Thermometer Display: Presents buying (CVD+) and selling (CVD-) dominance in colorful vertical bars on an easy-to-read table overlay on the price chart. Percentage Scale with Highlights: Includes a percentage scale from 0% to 100%, highlighting the important 50% benchmark with a yellow line for quick reference. Clear Color Coding: Uses green and red color schemes to represent bullish and bearish pressure, with distinctive numeric labels. Customization Reset Points: Weekly reset day and Monthly reset date options ensure the accumulation aligns with user preference or trading strategy cycles. Inputs and Usage Select Time frame: Choose how the buying/selling volume is accumulated — Daily, Weekly (reset day configurable), or Monthly (reset date configurable). Volume-Based Signals: Monitor changes in buying and selling pressure levels as the market tides shift. Table Display: A table positioned at the bottom right corner overlays the price chart showing percentage bars for both buying and selling dominance. Ideal for: Day traders, swing traders, and volume-focused market analysts who want a quick visual summary of market sentiment. How It Works The indicator tracks volume on each bar, assigning positive or negative values depending on whether the bar closes higher or lower than the previous. It accumulates these values over the selected time frame to calculate the cumulative buying (green) and selling (red) volumes. The data is then converted to percentages and mapped as vertical colored bars in the table. The midpoint (50%) is highlighted with a yellow line, helping traders quickly assess bullish/bearish balance. Why Use This Indicator? Simplicity: Easy to interpret visual thermometer of market sentiment. Customization: Flexible period settings align with different trading styles. Volume Insight: Goes beyond price action, factoring volume momentum for deeper market understanding. Non-intrusive Overlay: Displayed neatly on chart without clutter or distraction. Recommended Pairings Use alongside price action or trend indicators. Suitable for equities, futures, forex, and crypto instruments where volume data is reliable.
Penunjuk Pine Script®
oleh prowelltraders
TRAPPER TRENDLINES — RSIBuilds dynamic RSI trendlines by connecting the two most recent confirmed RSI swing points (highs→highs for resistance, lows→lows for support). Includes optional channel shading for the 30–70 zone, an RSI moving average, clean break alerts, and simple bullish/bearish divergence alerts versus price. How it works RSI pivots: A point on RSI is a swing high/low only if it is the most extreme value compared with a set number of bars on the left and the right (the Pivot Lookback). RSI trendlines: Resistance connects the last two confirmed RSI swing highs. Support connects the last two confirmed RSI swing lows. Lines can be Full Extend (update into the future) or Pivot Only. Channel block: Optional fill of the 30–70 range for fast visual context. Alerts: Breaks of RSI support/resistance trendlines. Basic bullish/bearish RSI divergences versus price pivots. Inputs RSI RSI Length: Default 14 (standard). Pivot Lookback: Bars to the left/right required to confirm an RSI swing. Overbought / Oversold: 70 / 30 by default. Line Extension: Full Extend or Pivot Only. Visuals Show RSI Moving Average / Signal Length: Optional smoothing line on RSI. RSI/Signal colors: Customize plot colors. Show 30–70 Channel Block: Toggle the middle-zone fill. Tint pane background when RSI in channel: Optional subtle background when RSI is between OB/OS. Divergences & Alerts Enable RSI TL Break Alerts: Alert conditions for RSI line breaks. Enable Divergence Alerts: Bullish/Bearish divergence alerts versus price. Pairing with price for confluence/divergence For accurate confluence and clearer divergences, align this RSI tool with your price trendline tool (for example, TRAPPER TRENDLINES — PRICE): Set RSI Pivot Lookback equal to the Pivot Left/Right size used on price. Example: Price uses Pivot Left = 50 and Pivot Right = 50 → set RSI Pivot Lookback = 50. Keep RSI Length = 14 and OB/OS = 70/30 unless you have a specific edge. Interpretation: Confluence: Price reacts at its trendline while RSI reacts at its own line in the same direction. Divergence: Price makes a higher high while RSI makes a lower high (bearish), or price makes a lower low while RSI makes a higher low (bullish), using matched pivot windows. Suggested settings Higher timeframes (4H / 1D / 1W): Pivot Lookback = 50; optional RSI MA length 14; channel block ON. Intraday (15m / 30m / 1H): Pivot Lookback = 30; optional RSI MA length 14. Always mirror your price pivot size to this RSI Pivot Lookback for consistent swings. Reading the signals RSI trendline touch/hold: Momentum reacting at structure; look for confluence with price levels. RSI Trendline Break Up / Down: Momentum shift; consider price structure and retests. Bullish/Bearish Divergence: Confirm only when pivots are matched and the new swing is confirmed. Notes & limitations Pivots require future bars to confirm by design; trendlines update as new swings confirm. Divergence logic compares RSI pivots to price pivots with the same lookback; mismatched windows can produce false positives. No strategy entries/exits or performance claims are provided. This is an analytical tool. Alerts (titles/messages) RSI: Trendline Break Up — “RSI broke falling resistance line.” RSI: Trendline Break Down — “RSI broke rising support line.” RSI: Bullish Divergence — “Bullish RSI divergence confirmed.” RSI: Bearish Divergence — “Bearish RSI divergence confirmed.” Quick start Add the indicator to a separate pane. Set Pivot Lookback to match your price tool’s pivot size (e.g., 50). Optionally toggle the RSI MA and Channel Block for clarity. Enable alerts if you want notifications on RSI line breaks and divergences. Use with TRAPPER TRENDLINES — PRICE or any price-based trendline tool for confluence/divergence analysis. Compliance This script is for educational purposes only and does not constitute financial advice. Trading involves risk. Past performance does not guarantee future results. No performance claims are made.
Penunjuk Pine Script®
oleh RAMS-offthecharts
2
Greer Gap# Greer Gap Indicator (No mitigation: i.e. removing false signals) ## Summary The **Greer Gap Indicator** identifies **Fair Value Gaps (FVGs)** and introduces specialized **Greer Bull Gaps (Blue)** and **Greer Bear Gaps (Orange)** to highlight high-probability trading opportunities. Unlike traditional FVG indicators, it avoids hindsight bias by not removing historical gaps based on future price action, ensuring transparency in signal accuracy. Built upon LuxAlgo’s FVG logic, it adds unique filtering: only the first Greer Gap after an opposite gap is plotted if its level (min for Bull, max for Bear) is not higher/lower than the previous Greer Gap of the same type, while all valid gaps are recorded for comparison. Traders can use these gaps as support/resistance or entry signals, customizable via timeframe, look back, and display options. ## Description This indicator detects and displays **Fair Value Gaps (FVGs)** on the chart, with a focus on specialized **Greer Gaps**: - **Bullish Gaps (Green)**: Areas where the low of the current candle is above the high of a previous candle (look back period), indicating potential upward momentum. - **Bearish Gaps (Red)**: Areas where the high of the current candle is below the low of a previous candle, indicating potential downward momentum. - **Greer Bull Gaps (Blue)**: A bullish gap that is above the latest bearish gap's max. Only the first such gap after a bearish gap is plotted if it meets criteria (not higher than the previous Greer Bull Gap's min), but all valid ones are recorded for comparison. - **Greer Bear Gaps (Orange)**: A bearish gap that is below the latest bullish gap's min. Only the first such gap after a bullish gap is plotted if it meets criteria (not lower than the previous Greer Bear Gap's max), but all valid ones are recorded. ## How It Works The script uses a dynamic look back period to detect FVGs. It maintains a record of all detected gaps and applies additional logic for Greer Gaps: - **Greer Bull Gaps**: Checks if the new bullish gap's min is above the latest bearish gap's max. Plots only if it's the first since the last bearish gap and its min is <= previous Greer Bull min (or first one). - **Greer Bear Gaps**: Checks if the new bearish gap's max is below the latest bullish gap's min. Plots only if it's the first since the last bullish gap and its max is >= previous Greer Bear max (or first one). - **Resets**: A new bearish gap resets the Greer Bull Gap flag, and a new bullish gap resets the Greer Bear Gap flag. ## How to Use - **Timeframe**: Set a higher timeframe (e.g., 'D' for daily) to detect gaps from that timeframe on the current chart. - **Look back Period**: Adjust to change gap detection sensitivity (default: 34). Use 2 if you want to compare to LuxAlgo - **Extend**: Controls how far right the gap boxes extend. - **Show Options**: Toggle visibility of all bullish/bearish gaps or Greer Gaps. - **Colors**: Customize colors for each gap type. - **Application**: Use Greer Gaps as potential support/resistance levels or entry signals, but combine with other analysis for confirmation. ## Originality and Credits This script is inspired by and builds upon the **"Fair Value Gap "** indicator by LuxAlgo (available on TradingView: ()). **Credits**: Thanks to LuxAlgo for the core FVG detection logic. **Significant Changes**: - Added **Greer Bull and Bear Gap** logic for filtered, directional gaps with reset mechanisms. - Introduced recording of all valid Greer Gaps without plotting all, to compare levels without hindsight bias. - **No mitigation/removal of gaps**: Unlike LuxAlgo's approach, which mitigates (removes or alters) gaps based on future price action (e.g., when filled), this can create a hindsight bias where incorrect signals disappear over time. If a signal is used for a trade and later removed due to new data, it doesn't reflect real-time performance accurately. The Greer Gap avoids this by using gap comparisons to validate signals without altering historical boxes, ensuring transparency in when signals were right or wrong.
Penunjuk Pine Script®
oleh controllinghand
WA-%Chg with BackgroundDescription The WA-%Chg with Background indicator measures the percentage change in a selected price source over a user-defined period. It allows traders to visually and quickly assess bullish and bearish momentum through dynamic color coding and background shading. Percentage Change Calculation – Uses ta.roc to determine the rate of change over the chosen length. Customizable Alerts – Set upper (HiAlert) and lower (LoAlert) thresholds to get notified when momentum crosses bullish or bearish trigger levels. Dynamic Line Coloring – Blue when above the bullish threshold, red when below the bearish threshold, and gray when in neutral territory. Background Highlighting – Light blue shading for bullish zones, light red shading for bearish zones. User Customization – Modify calculation length, colors, and alert thresholds to suit your trading style. This tool is useful for identifying breakout conditions, momentum shifts, and potential reversals at a glance. Traders can combine it with other indicators for confirmation. Disclaimer This indicator is provided for educational purposes only and should not be considered financial advice. Past performance of any indicator or strategy is not indicative of future results. Trading in financial markets involves significant risk, including the risk of losing capital. Always perform your own analysis and consult with a qualified financial advisor before making any investment decisions. The author assumes no liability for any losses incurred from the use of this tool.
Penunjuk Pine Script®
oleh Dreeco7
✨Smart Option MACD: Bullish, Bearish, Neutral Logic by AKM ✨The **Smart Option MACD: Bullish, Bearish, Neutral Logic by AKM** is an advanced indicator designed for TradingView, tailored for option traders on indices like NIFTY. It automates options trend scanning by applying MACD analysis to both Call (CE) and Put (PE) options near the ATM (At-The-Money) strike, providing actionable market states—Bullish, Bearish, or Neutral—using distinct logic for both strikes and overall market context. *** ### Core Features - **Option Selection Logic:** The script dynamically calculates ATM, CE, and PE strike prices based on the underlying index spot price and customizable user inputs for expiry, strike distance, and OTM/ITM shift. - **MACD on Option Prices:** For both CE and PE symbols, the indicator computes the MACD (Moving Average Convergence Divergence) and Signal lines. It uses standard MACD settings: 12-period EMA (fast), 26-period EMA (slow), and 9-period Signal. - **Strike Status Classification:** - AZL 🔼: Indicates MACD > 0 for that option, signifying positive momentum. - BZL 🔽: Indicates MACD 0 & crossover up), PE is bearish (MACD<0 & crossover down). - **Bearish:** PE is bullish & crossover up, CE is bearish & crossover down. - **Neutral:** All other scenarios—including mixed or undefined signals. *** ### Table Output A real-time table is displayed on the chart (top-right) with key option and market details: - Spot price - ATM Strike - CE/PE strike status (momentum + crossover logic) - Option prices - Overall market state, color-coded for clarity *** ### How to Use This Indicator - **Entry Signal:** Use the Bullish/Bearish status for directional trades or option strategies. Bullish calls for buying or selling upward momentum options; Bearish favors downside trades. Neutral advises caution or range-bound trades. - **Customizability:** Expiry, strike width, OTM/ITM offset, and chart resolution are user-controlled, allowing adaptation to different market contexts. - **Best Practice:** Use alongside price action, support/resistance zones and other indicators to confirm options momentum, as MACD is powerful yet not infallible. *** ### Who Is It For? - **Option traders** who want to automate trend/momentum detection for CE/PE strikes instead of manual chart switching. - **Index traders** (NIFTY, BANKNIFTY...) seeking systematic edge in intraday/positional strategies tied to option momentum. - **Technical analysts** interested in visual, rule-based signals combining options data and classic MACD logic. *** The Smart Option MACD indicator streamlines multi-strike, multi-option momentum analysis and presents clear actionable logic directly on your chart for enhanced decision-making. Use it as a core part of your TradingView toolkit for options-focused market views.
Penunjuk Pine Script®
oleh ASHISH_MAROTKAR
FVG-Bully BearsFVG-Bully Bears Indicator The FVG-Bully Bears indicator is a powerful tool designed to identify Fair Value Gaps (FVGs) on your TradingView charts. FVGs are price gaps that occur when the market moves sharply, leaving areas where little to no trading activity took place. These gaps often act as key support or resistance zones, making them valuable for traders looking to spot potential reversal or continuation points. This indicator highlights Bullish FVGs (potential support zones) and Bearish FVGs (potential resistance zones) with customizable boxes and labels, helping you visualize these critical price levels with ease. Features Bullish and Bearish FVGs: Detects gaps where price has left untested areas, marking bullish (green) and bearish (red) FVGs. Customizable Display: Choose to show or hide bullish/bearish FVGs, adjust colors, and control box visibility. FVG Labels: Optional labels on each FVG box to clearly identify bullish or bearish gaps, with adjustable text size. Delete Filled FVGs: Automatically removes FVGs once price revisits and fills the gap, keeping your chart clean. Box Extension: Extend FVG boxes into the future (up to 100 bars) to track unfilled gaps over time. Performance Optimization: Limits the number of displayed FVG boxes (default: 50) to ensure smooth chart performance. How It Works Bullish FVG: Identified when the high of a candle two bars ago is lower than the low of the current candle, indicating a sharp upward move. Bearish FVG: Identified when the low of a candle two bars ago is higher than the high of the current candle, indicating a sharp downward move. FVGs are drawn as colored boxes (green for bullish, red for bearish) and can include labels for easy identification. If enabled, filled FVGs (where price revisits the gap) are deleted to reduce chart clutter. Settings FVG Settings Show Bullish FVGs: Enable/disable bullish FVG boxes (default: enabled). Show Bearish FVGs: Enable/disable bearish FVG boxes (default: enabled). Bullish FVG Color: Customize the color and transparency of bullish FVG boxes (default: light green). Bearish FVG Color: Customize the color and transparency of bearish FVG boxes (default: light red). Max FVG Boxes: Set the maximum number of FVG boxes displayed (default: 50, range: 1–500). Extend FVG Boxes (Bars): Extend FVG boxes into the future by a specified number of bars (default: 8, range: 0–100). Show FVG Labels: Enable/disable text labels on FVG boxes (default: enabled). Label Size: Choose the size of FVG labels (options: Tiny, Small, Normal, Large, Huge; default: Small). Delete Filled FVGs: Automatically remove FVGs when price fills the gap (default: enabled). How to Use Add the FVG-Bully Bears indicator to your TradingView chart. Customize the settings to match your trading style (e.g., adjust colors, toggle labels, or change box extensions). Watch for green (bullish) and red (bearish) FVG boxes: Bullish FVGs: Potential support zones where price may bounce or consolidate. Bearish FVGs: Potential resistance zones where price may reverse or stall. Use FVGs in combination with other indicators (e.g., support/resistance, trendlines) for better trade decisions. If “Delete Filled FVGs” is enabled, filled gaps will disappear, keeping your chart focused on active FVGs. Ideal For Swing Traders: Identify key price zones for entries or exits. Day Traders: Spot intraday support/resistance levels created by rapid price moves. Price Action Traders: Use FVGs to confirm market structure and potential reversal points. Notes For best performance, keep “Max FVG Boxes” at a reasonable value (e.g., 50) to avoid chart lag. FVGs are most effective on lower timeframes (e.g., 5m, 15m, 1H) but can be used on any timeframe. Combine with other tools like volume or trend indicators for a complete trading strategy. Enjoy trading with FVG-Bully Bears and take advantage of Fair Valu
Penunjuk Pine Script®
oleh Bully_Bears
GCM Bull Bear RiderGCM Bull Bear Rider (GCM BBR) Your Ultimate Trend-Riding Companion GCM Bull Bear Rider is a comprehensive, all-in-one trend analysis tool designed to eliminate guesswork and provide a crystal-clear view of market direction. By leveraging a highly responsive Jurik Moving Average (JMA), this indicator not only identifies bullish and bearish trends with precision but also tracks their performance in real-time, helping you ride the waves of momentum from start to finish. Whether you are a scalper, day trader, or swing trader, the GCM BBR adapts to your style, offering a clean, intuitive, and powerful visual guide to the market's pulse. Key Features JMA-Powered Trend Lines (UTPL & DTPL): The core of the indicator. A green "Up Trend Period Line" (UTPL) appears when the JMA's slope turns positive (buyers are in control), and a red "Down Trend Period Line" (DTPL) appears when the slope turns negative (sellers are in control). The JMA is used for its low lag and superior smoothing, giving you timely and reliable trend signals. Live Profit Tracking Labels: This is the standout feature. As soon as a trend period begins, a label appears showing the real-time profit (P:) from the trend's starting price. This label moves with the trend, giving you instant feedback on its performance and helping you make informed trade management decisions. Historical Performance Analysis: The profit labels remain on the chart for completed trends, allowing you to instantly review past performance. See at a glance which trends were profitable and which were not, aiding in strategy refinement and backtesting. Automatic Chart Decluttering: To keep your chart clean and focused on significant moves, the indicator automatically removes the historical profit label for any trend that fails to achieve a minimum profit threshold (default is 0.5 points). Dual-Ribbon Momentum System: JMA / Short EMA Ribbon: Visualizes short-term momentum. A green fill indicates immediate bullish strength, while a red fill shows bearish pressure. Short EMA / Long EMA Ribbon: Acts as a long-term trend filter, providing broader market context for your decisions. "GCM Hunt" Entry Signals: The indicator includes optional pullback entry signals (green and red triangles). These appear when the price pulls back to a key moving average and then recovers in the direction of the primary trend, offering high-probability entry opportunities. How to Use Identify the Trend: Look for the appearance of a solid green line (UTPL) for a bullish bias or a solid red line (DTPL) for a bearish bias. Use the wider EMA ribbon for macro trend confirmation. Time Your Entry: For aggressive entries, you can enter as soon as a new trend line appears. For more conservative entries, wait for a "GCM Hunt" triangle signal, which confirms a successful pullback. Ride the Trend & Manage Your Trade: The moving profit label (P:) is your guide. As long as the trend line continues and the profit is increasing, you can confidently stay in the trade. A flattening JMA or a decreasing profit value can signal that the trend is losing steam. Focus Your Strategy: Use the Display Mode setting to switch between "Buyers Only," "Sellers Only," or both. This allows you to completely hide opposing signals and focus solely on long or short opportunities. Core Settings Display Mode: The master switch. Choose to see visuals for "Buyers & Sellers," "Buyers Only," or "Sellers Only." JMA Settings (Length, Phase): Fine-tune the responsiveness of the core JMA engine. EMA Settings (Long, Short): Adjust the lengths of the moving averages that define the ribbons and "Hunt" signals. Label Offset (ATR Multiplier): Customize the gap between the trend lines and the profit labels to avoid overlap with candles. Filters (EMA, RSI, ATR, Strong Candle): Enable or disable various confirmation filters to strengthen the "Hunt" entry signals according to your risk tolerance. Add the GCM Bull Bear Rider to your chart today and transform the way you see and trade the trend! ENJOY
Penunjuk Pine Script®
oleh uniGram
Bullish/Bearish Body StrengthThis indicator analyzes candlestick body sizes to measure bullish versus bearish strength over a specified period. Here's what it does: Features: - Measures and totals the body sizes of bullish and bearish candles over your chosen lookback period - Shows the total bullish and bearish body measurements as separate plots - Calculates and displays a bull/bear ratio (bullish total divided by bearish total) - Shows the difference between bullish and bearish totals - Colors the background based on bullish (green) or bearish (red) dominance - Includes an information table with current values and signals Customization Options: - Lookback Period: Set how many bars to analyze (default: 14) - Normalize by ATR: Option to normalize body sizes by the Average True Range for more consistent measurement across different volatility periods - Smoothing Period: Apply smoothing to the ratio and difference values - Display Options: Toggle for showing the bull/bear ratio and bull-bear difference How to Use: 1. Add the indicator to your chart in TradingView 2. Adjust the lookback period to fit your trading timeframe 3. Watch for: - When bullish bodies significantly outweigh bearish ones (green dominance) - When bearish bodies significantly outweigh bullish ones (red dominance) - Ratio values above 2 (strong bullish signal) or below 0.5 (strong bearish signal) The indicator provides both visual cues and numerical data to help identify periods of bullish or bearish momentum based on actual price movement rather than just candle count.
Penunjuk Pine Script®
oleh xCHEOx