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Two Bar Break Line Alerts R1.0 by JustUncleLThis indicator with default settings is designed for BINARY OPTIONS trading. The indicator can also be used for Forex trading with some setting changes. The script shows Two Bar Pullback Break lines and alerts when those Break lines are Touched (broken) creating a short term momentum entry condition. For a Bullish Break (Green Up Arrow) to occur: first must have two (or three) consecutive bear (red) candles which is followed by a bull (green) candle creating a pivot point. The breakout occurs then the High of the current Bull (green) exceeds the highest point of the previous two (or three) pivotal bear candles. The green channel Line shows where the current Bullish BreakOut occurs. For a Bearish Break (Red Down Arrow) to occur: first must have two (or three) consecutive bull (green) candles which is followed by a bear (red) candle creating a pivot point. The breakout occurs when the Low of the current Bear (red) drops below the lowest point of the previous two (or three) pivotal Bull candles. The red channel Line shows where the current Bearish BreakOut occurs. The break Line Arrows can optionally be filtered by the Coloured MA (enabled by default), a longer term directional MA (disabled by default) and/or a MACD condition (enabled by default) as a momentum filter. You can optionally select three Bar break lines instead of two. The three bar break lines are actually equivalent to Guppy's Three Bar Count Back Line method for trade entries (see Guppy's video reference below). Included in this indicator is an ability to display some basic Binary Option statistics, when enabled (enabled by default) it shows Successful Bars in Yellow and failed Bars in Black and the last Nine numbers on the script title line represent the Binary option Statistics in order: %ITM rate Total orders Successful Orders Failed Orders Total candles tested Candles per Day Trades per Day Max Consecutive Wins Max Consecutive Losses You can start the Binary Option statistics from a specific Date, which is handy for checking more recent history. HINTS: BINARY OPTIONS trading: use 5min, 15m, 1hr or even Daily charts. Trade after the price touches one of the Breakout lines and the Arrow first appears. Wait for the price to come back from Break Line by 1 or 2 pips, the alert arrow must stay on and candle change to black, then take Binary trade expiry End of Candle. If price pull back and arrow turns off, don't trade this candle, move on you probably don't have momentum, there will be plenty of other trigger events. The backtesting results are good with ITM rates 65% to 72% on many currency pairs, commodities and indices. Realtime trading has confirmed the backtesting results and they could even be bettered, provided you are selective on which signals to trade (strong MACD support etc), that you are patient and disciplined to this trading method. FOREX trading: the default settings should work with scalping. For longer term trades try with settings change to a more standard MACD filter or slower to catch the longer term momentum swings and the idea would be to trade the first Break Line alert that occurs after a decent Pullback in the direction of the trend. Setting the SL to just above/below the Pivot High/Low and set target to two or three times SL. References: "Fundamentals of Price Action Trading for Forex, Stocks, Options and Futures" video: www.youtube.com Other videos by "basecamptrading" on Naked Trading. "Taking Profits in Today's Market by Daryl Guppy" video: www.youtube.com
Penunjuk Pine Script®
oleh JustUncleL
23
Line Break StrategyLine Break Strategy Entry rule: Long on a bullish line and short on a bearish line. Backtest: Profit factors are shown below for three-line break. Daily time frame, FXCM broker. EURUSD: 1.267, USDJPY: 1.039, GBPUSD: -0.816, AUDUSD: -0.959 S&P500: -0.783, Nikkei225: 1.099 CrudeOil: 1.03, Gold: 1.196 BTCUSD: -0.883 Reference: Steve Nison, Beyond Candlesticks - New Japanese Charting Techniques Revealed Note: This strategy doesn't work properly on the linebreak chart. A good example is shown below. The entry prices are not always correct. If you have signal, but the next candle moves in the opposite direction, the entry price is drawn at the Open of the new candle instead of the Close of the previous candle. The results of backtest are unreliable due to this reason.
Strategi Pine Script®
oleh Mizuki32
7
CM_OldSchool_Projected_high_LowHeard this story from Larry Williams…the trader who holds the record for winning the U.S. Trading Championship by turning $10K in to 2 Million. A trader named Owen Taylor developed this formula as a Floor Trader before to calculate the Projected High and Low of the next day. The formula worked so well…Owen charged other Traders 1K to get it. I was pretty impressed with the results…so I coded it for the Weekly, Monthly, Quarterly, and Yearly Projected High Low. While Owen considered these levels to be major support and resistance, Larry has developed many strategies based on the Breakout of the Projected High Low. Therefore I coded it so the Levels would plot Yellow, and change to Green if the Projected High was taken out, and Red if the Projected Low was taken out. ***I’ve noticed on many instruments, Stocks, Index’s, Forex etc., depending on the instrument it works great as Support/Resistance or Breakouts. ***On a Daily Chart put the Quarterly and Yearly levels on SPY and EURUSD and go back about 10 years. Levels are pretty accurate.
Penunjuk Pine Script®
oleh ChrisMoody
45
Wave 2 Flat Detection - B Breaks A High, C Breaks A Low//@version=5 indicator("Wave 2 Flat Detection - B Breaks A High, C Breaks A Low", overlay=true) // === Parameters === wave1_len = 10 // length of wave 1 a_len = 5 // candles to look for Wave A b_len = 3 // candles to look for Wave B c_len = 3 // candles to look for Wave C // === Detect Wave 1 (upward impulse) === wave1_start = low wave1_end = high wave1_valid = wave1_end > wave1_start * 1.05 // 5% move up // === Wave A === a_start = high // assumed wave 1 top a_end = low // correction low (Wave A end) wave_a_valid = a_end < a_start // === Wave B === b_high = high wave_b_valid = b_high > a_start // B breaks above A's high // === Wave C === c_low = low wave_c_break = c_low < a_end // C breaks below A's low // === Final Condition === flat_pattern_confirmed = wave1_valid and wave_a_valid and wave_b_valid and wave_c_break // === Plot + Alert === plotshape(flat_pattern_confirmed, title="Flat Wave 2 Detected", location=location.belowbar, color=color.red, style=shape.labelup, text="C↓") alertcondition(flat_pattern_confirmed, title="Wave C Breaks Below A", message="Wave C broke below Wave A low — Flat correction confirmed, watch for Wave 3")
Penunjuk Pine Script®
oleh parthaa1984
Bollinger Bands Entry/Exit ThresholdsBollinger Bands Entry/Exit Thresholds Author of enhancements: chuckaschultz Inspired and adapted from the original 'Bollinger Bands Breakout Oscillator' by LuxAlgo Overview Pairs nicely with Contrarian 100 MA The Bollinger Bands Entry/Exit Thresholds is a powerful momentum-based indicator designed to help traders identify potential entry and exit points in trending or breakout markets. By leveraging Bollinger Bands, this indicator quantifies price deviations from the bands to generate bullish and bearish momentum signals, displayed as an oscillator. It includes customizable entry and exit signals based on user-defined thresholds, with visual cues plotted either on the oscillator panel or directly on the price chart. This indicator is ideal for traders looking to capture breakout opportunities or confirm trend strength, with flexible settings to adapt to various markets and trading styles. How It Works The Bollinger Bands Entry/Exit Thresholds calculates two key metrics: Bullish Momentum (Bull): Measures the extent to which the price exceeds the upper Bollinger Band, expressed as a percentage (0–100). Bearish Momentum (Bear): Measures the extent to which the price falls below the lower Bollinger Band, also expressed as a percentage (0–100). The indicator generates: Long Entry Signals: Triggered when the bearish momentum (bear) crosses below a user-defined Long Threshold (default: 40). This suggests weakening bearish pressure, potentially indicating a reversal or breakout to the upside. Exit Signals: Triggered when the bullish momentum (bull) crosses below a user-defined Sell Threshold (default: 80), indicating a potential reduction in bullish momentum and a signal to exit long positions. Signals are visualized as tiny colored dots: Long Entry: Blue dots, plotted either at the bottom of the oscillator or below the price bar (depending on user settings). Exit Signal: White dots, plotted either at the top of the oscillator or above the price bar. Calculation Methodology Bollinger Bands: A user-defined Length (default: 14) is used to calculate an Exponential Moving Average (EMA) of the source price (default: close). Standard deviation is computed over the same length, multiplied by a user-defined Multiplier (default: 1.0). Upper Band = EMA + (Standard Deviation × Multiplier) Lower Band = EMA - (Standard Deviation × Multiplier) Bull and Bear Momentum: For each bar in the lookback period (length), the indicator calculates: Bullish Momentum: The sum of positive deviations of the price above the upper band, normalized by the total absolute deviation from the upper band, scaled to a 0–100 range. Bearish Momentum: The sum of positive deviations of the price below the lower band, normalized by the total absolute deviation from the lower band, scaled to a 0–100 range. Formula: bull = (sum of max(price - upper, 0) / sum of abs(price - upper)) * 100 bear = (sum of max(lower - price, 0) / sum of abs(lower - price)) * 100 Signal Generation: Long Entry: Triggered when bear crosses below the Long Threshold. Exit: Triggered when bull crosses below the Sell Threshold. Settings Length: Lookback period for EMA and standard deviation (default: 14). Multiplier: Multiplier for standard deviation to adjust Bollinger Band width (default: 1.0). Source: Input price data (default: close). Long Threshold: Bearish momentum level below which a long entry signal is generated (default: 40). Sell Threshold: Bullish momentum level below which an exit signal is generated (default: 80). Plot Signals on Main Chart: Option to display entry/exit signals on the price chart instead of the oscillator panel (default: false). Style: Bullish Color: Color for bullish momentum plot (default: #f23645). Bearish Color: Color for bearish momentum plot (default: #089981). Visual Features Bull and Bear Plots: Displayed as colored lines with gradient fills for visual clarity. Midline: Horizontal line at 50 for reference. Threshold Lines: Dashed green line for Long Threshold and dashed red line for Sell Threshold. Signal Dots: Long Entry: Tiny blue dots (below price bar or at oscillator bottom). Exit: Tiny white dots (above price bar or at oscillator top). How to Use Add to Chart: Apply the indicator to your TradingView chart. Adjust Settings: Customize the Length, Multiplier, Long Threshold, and Sell Threshold to suit your trading strategy. Interpret Signals: Enter a long position when a blue dot appears, indicating bearish momentum dropping below the Long Threshold. Exit the long position when a white dot appears, indicating bullish momentum dropping below the Sell Threshold. Toggle Plot Location: Enable Plot Signals on Main Chart to display signals on the price chart for easier integration with price action analysis. Combine with Other Tools: Use alongside other indicators (e.g., trendlines, support/resistance) to confirm signals. Notes This indicator is inspired by LuxAlgo’s Bollinger Bands Breakout Oscillator but has been enhanced with customizable entry/exit thresholds and signal plotting options. Best used in conjunction with other technical analysis tools to filter false signals, especially in choppy or range-bound markets. Adjust the Multiplier to make the Bollinger Bands wider or narrower, affecting the sensitivity of the momentum calculations. Disclaimer This indicator is provided for educational and informational purposes only.
Penunjuk Pine Script®
oleh chuckaschultz
MACD Breakout SuperCandlesMACD Breakout SuperCandles The MACD Breakout SuperCandles indicator is a candle-coloring tool that monitors trend alignment across multiple timeframes using a combination of MACD behavior and simple price structure. It visually reflects market sentiment directly on price candles, helping traders quickly recognize shifting momentum conditions. How It Works The script evaluates trend behavior based on: - Multi-timeframe MACD Analysis: Uses MACD values and signal line relationships to gauge trend direction and strength. - Price Relative to SMA Zones: Analyzes whether price is positioned above or below the 20-period high and low SMAs on each timeframe. For each timeframe, the script assigns one of five possible trend statuses: - SUPERBULL: Strong bullish MACD signal with price above both SMAs. - Bullish: Bullish MACD crossover with price showing upward bias. - Basing: MACD flattening or neutralizing near zero with no directional dominance. - Bearish: Bearish MACD signal without confirmation of stronger trend. - SUPERBEAR: Strong bearish MACD signal with price below both SMAs. -Ghost Candles: Candles with basing attributes that can signal directional change or trend strength. Signal Scoring System The script compares conditions across four timeframes: - TF1 (Short) - TF2 (Medium) - TF3 (Long) - MACD at a fixed 10-minute resolution Each status type is tracked independently. A colored candle is only applied when a status type (e.g., SUPERBULL) reaches the minimum match threshold, defined by the "Min Status Matches for Candle Color" setting. If no status meets the required threshold, the candle is displayed in a neutral "Ghost" color. Customizable Visuals The indicator offers full control over candle appearance via grouped settings: Body Colors - SUPERBULL Body - Bullish Body - Basing Body - Bearish Body - SUPERBEAR Body - Ghost Candle Body (used when no match) Border & Wick Colors - SUPERBULL Border/Wick - Bullish Border/Wick - Basing Border/Wick - Bearish Border/Wick - SUPERBEAR Border/Wick - Ghost Border/Wick Colors are grouped by function and can be adjusted independently to match your chart theme or personal preferences. Settings Overview - TF1, TF2, TF3: Select short, medium, and long timeframes to monitor trend structure. - Min Status Matches: Set how many timeframes must agree before a candle status is applied. - MACD Settings: Customize MACD fast, slow, and signal lengths, and choose MA type (EMA, SMA, WMA). This tool helps visualize how aligned various timeframe conditions are by embedding sentiment into the candles themselves. It can assist with trend identification, momentum confirmation, or visual filtering for discretionary strategies.
Penunjuk Pine Script®
oleh Midgar-
7
CNN Statistical Trading System [PhenLabs]📌 DESCRIPTION An advanced pattern recognition system utilizing Convolutional Neural Network (CNN) principles to identify statistically significant market patterns and generate high-probability trading signals. CNN Statistical Trading System transforms traditional technical analysis by applying machine learning concepts directly to price action. Through six specialized convolution kernels, it detects momentum shifts, reversal patterns, consolidation phases, and breakout setups simultaneously. The system combines these pattern detections using adaptive weighting based on market volatility and trend strength, creating a sophisticated composite score that provides both directional bias and signal confidence on a normalized -1 to +1 scale. 🚀 CONCEPTS • Built on Convolutional Neural Network pattern recognition methodology adapted for financial markets • Six specialized kernels detect distinct price patterns: upward/downward momentum, peak/trough formations, consolidation, and breakout setups • Activation functions create non-linear responses with tanh-like behavior, mimicking neural network layers • Adaptive weighting system adjusts pattern importance based on current market regime (volatility < 2% and trend strength) • Multi-confirmation signals require CNN threshold breach (±0.65), RSI boundaries, and volume confirmation above 120% of 20-period average 🔧 FEATURES Six-Kernel Pattern Detection: Simultaneous analysis of upward momentum, downward momentum, peak/resistance, trough/support, consolidation, and breakout patterns using mathematically optimized convolution kernels. Adaptive Neural Architecture: Dynamic weight adjustment based on market volatility (ATR/Price) and trend strength (EMA differential), ensuring optimal performance across different market conditions. Professional Visual Themes: Four sophisticated color palettes (Professional, Ocean, Sunset, Monochrome) with cohesive design language. Default Monochrome theme provides clean, distraction-free analysis. Confidence Band System: Upper and lower confidence zones at 150% of threshold values (±0.975) help identify high-probability signal areas and potential exhaustion zones. Real-Time Information Panel: Live display of CNN score, market state with emoji indicators, net momentum, confidence percentage, and RSI confirmation with dynamic color coding based on signal strength. Individual Feature Analysis: Optional display of all six kernel outputs with distinct visual styles (step lines, circles, crosses, area fills) for advanced pattern component analysis. User Guide • Monitor CNN Score crossing above +0.65 for long signals or below -0.65 for short signals with volume confirmation • Use confidence bands to identify optimal entry zones - signals within confidence bands carry higher probability • Background intensity reflects signal strength - darker backgrounds indicate stronger conviction • Enter long positions when blue circles appear above oscillator with RSI < 75 and volume > 120% average • Enter short positions when dark circles appear below oscillator with RSI > 25 and volume confirmation • Information panel provides real-time confidence percentage and momentum direction for position sizing decisions • Individual feature plots allow granular analysis of specific pattern components for strategy refinement 💡Conclusion CNN Statistical Trading System represents the evolution of technical analysis, combining institutional-grade pattern recognition with retail accessibility. The six-kernel architecture provides comprehensive market pattern coverage while adaptive weighting ensures relevance across all market conditions. Whether you’re seeking systematic entry signals or advanced pattern confirmation, this indicator delivers mathematically rigorous analysis with intuitive visual presentation.
Penunjuk Pine Script®
oleh PhenLabs
2
AutoFib Breakout Strategy for Uptrend AssetsThis trading strategy is designed to help you catch powerful upward moves on assets that are in a long-term uptrend, such as Gold (XAUUSD). It uses a popular technical tool called the Fibonacci Extension, combined with a trend filter and a risk-managed exit system. ✅ When to Use This Strategy • Works best on higher timeframes: Daily (1D), 3-Day (3D), or Weekly (W). • Best used on uptrending assets like Gold. • Designed for swing trading – holding trades from a few days to weeks. 📊 How It Works 1. Find the Trend We only want to trade in the direction of the trend. • The strategy uses the 200-period EMA (Exponential Moving Average) to identify if the market is in an uptrend. • If the price is above the 200 EMA, we consider it an uptrend and allow long trades. 2. Identify Breakout Levels • The strategy detects recent high and low pivot points to draw Fibonacci extension levels. • It focuses on the 1.618 Fibonacci level, which is often a target in strong trends. • When the price breaks above this level in an uptrend, it signals a potential momentum breakout – a good time to buy. 3. Enter a Trade • The strategy enters a long (buy) position when the price closes above the 1.618 Fibonacci level and the market is in an uptrend (above the 200 EMA). 4. Manage Risk Automatically • The trade includes a stop-loss set to 1x the ATR (Average True Range) below the entry price – this protects against sudden drops. • It sets a take-profit at 3x the ATR above the entry – aiming for higher rewards than risks. ⚠️ Important Notes • 📈 Higher Timeframes Preferred: This strategy works best on Daily (D), 3-Day (3D), and Weekly (W) charts, especially on Gold (XAUUSD). • 🧪 Not for Deep Backtesting: Due to the nature of how pivot points and Fib levels are calculated, this strategy may not perform well in backtesting simulations (because the historical calculations can shift). It is better used for live analysis and forward testing.
Strategi Pine Script®
oleh SupertradeOfficial
Ichimoku Cloud Breakout Only LongThis is a very simple trading strategy based exclusively on the Ichimoku Cloud. There are no additional indicators or complex rules involved. The key condition is that we only open long positions when the price is clearly above the cloud — indicating a bullish trend. For optimal results, the recommended timeframes are 1D (daily) or 1W (weekly) charts. These higher timeframes help filter out market noise and provide more reliable trend signals. We do not short the market under any circumstances. The focus is purely on riding upward momentum when the price breaks out or stays above the cloud. This strategy works best when applied to growth stocks with strong upward trends and good fundamentals — such as Google (GOOGL), Tesla (TSLA), Apple (AAPL), or NVIDIA (NVDA).
Strategi Pine Script®
oleh wilusss
Market Structure- ZigZag, Break of Structure & Order BlocksDescription: This script is an all-in-one market structure tool designed for traders who follow price action, Smart Money Concepts (SMC), or institutional order flow. It combines Order Block detection , Break of Structure (BOS) , Internal Structure Shifts (CHoCH) , and a ZigZag swing framework to provide a clear and actionable view of market behavior. Key Features: Order Blocks (OB) : -Detects Bullish (Green) and Bearish (Red) order blocks upon valid market structure shifts. -Optional deletion of mitigated (touched) blocks to keep charts clean. -Customizable block duration, fill color, and border color. Break of Structure (BOS) : -Marks BOS with horizontal dotted lines when price breaks previous swing highs/lows. -Confirms new trends and structural shifts. Internal Structure Shifts (CHoCH-like) : -Detects early internal changes in direction before BOS. -User-selectable logic: based on candle Open or High/Low. -Plotted as small black triangle markers. ZigZag Swings : -Connects confirmed internal shifts with black zigzag lines. -Visually simplifies trend structure and major swing points. -Tracks last swing highs/lows for BOS validation. Alerts : -Bullish/Bearish Engulfments (OB signals) -Internal Structure Shifts -Bullish/Bearish Break of Structure -OB Mitigation Events Inputs & Settings : -Show/Hide Bullish or Bearish Order Blocks -Calculate internal shifts by: Open or High/Low -Set order block fill and border colors -Enable or disable automatic deletion of mitigated blocks -Set duration for order block display This tool is designed to support price action trading by visually mapping key structural changes and zones of interest directly on your chart. It is not intended to function as a standalone trading strategy , but rather as a supplementary tool to inform your own analysis and discretion.
Penunjuk Pine Script®
oleh The_Forex_Steward
9
NYBREAKOUT by FliuxStrategy Concept This strategy captures high-probability breakout moves by defining a tight 30-minute range during low-volatility hours and trading the first clear break beyond that range with a 2:1 reward-to-risk ratio. Key Benefits Simplicity: Clear, time-based range and mechanical entries/exits. Defined R:R: Automatic 2:1 target ensures consistent risk management. Time-filtered: Trades only the initial breakout of a calm, pre-session range. How to Use Add to Chart: Paste the Pine Script into TradingView’s Pine Editor, then click Add to Chart. Backtest: Open Strategy Tester to review net profit, drawdown, win rate, and profit factor. Optimize: Adjust stop-loss offset, R:R ratio, or session window parameters to suit different instruments or volatility regimes.
Strategi Pine Script®
oleh Fliux
Godfather of Support & Resistance Godfather of Support & Resistance Overview The Godfather of Support & Resistance script is a powerful tool designed to help traders identify critical support and resistance levels on their charts. These price levels are vital for understanding market behavior, as they often act as turning points where prices reverse, consolidate, or break through. By automating the detection of these levels, this script simplifies your trading decisions and enhances your technical analysis. How It Works Pivot Points for Level Detection: The script uses pivot points to identify potential support (lows) and resistance (highs) levels: A pivot high is a local peak (a high surrounded by lower highs). A pivot low is a local trough (a low surrounded by higher lows). You can adjust the Pivot Length (pivotLen) input to control the sensitivity of detection. Smaller values detect more levels, while larger values focus on major levels. Dynamic Grouping with Tolerance: The script dynamically groups nearby price levels using a tolerance percentage. This tolerance is based on the level's price, making it adaptive to all types of assets (low- and high-priced). For example, if the tolerance is set to 1% and a level is at $100, levels within $1 are grouped together. Touch Count for Significance: The script tracks how many times the price interacts with each level (touch count). Only levels that meet or exceed the Minimum Touches (minTouches) input are displayed on the chart. This ensures only meaningful levels are highlighted. Clear Visual Representation: Resistance Levels (Red Lines): Represent areas where the price tends to reverse downward. Support Levels (Green Lines): Represent areas where the price tends to reverse upward. Labels are added to each level (optional) to display the price and the number of touches for better decision-making. Inputs You Can Customize Minimum Touches to Show Level: Set the minimum number of price interactions required for a level to be displayed. Maximum Lines to Keep: Limit the number of support and resistance lines displayed to keep your chart clean and focused. Pivot Length: Customize the sensitivity of pivot point detection. Smaller values detect more levels, while larger values focus on key levels. Tolerance for Touch Detection (%): Adjust the grouping tolerance as a percentage of the price. For example, 1% groups levels that are within 1% of each other. How to Use Apply the Script: Add the script to your TradingView chart, and it will automatically detect and plot support and resistance levels. Analyze the Levels: Use Resistance Levels (red lines) as potential sell zones or areas to place stop-loss orders above. Use Support Levels (green lines) as potential buy zones or areas to place stop-loss orders below. Customize for Your Trading Style: Adjust the inputs to match your preferred strategy and the timeframe or asset you're analyzing. Example Use Case Imagine you're analyzing a stock: Resistance Level: The script identifies resistance at $150 with 3 touches. This might be a potential sell zone if the price struggles to break through. Support Level: The script identifies support at $130 with 4 touches. This might be a potential buy zone if the price shows signs of bouncing upward. Key Features Automatically detects and plots support and resistance levels. Tracks the number of price touches to filter out weak levels. Adapts dynamically to price ranges using a percentage-based tolerance. Fully customizable to suit different trading styles and assets. Clean and professional chart display with a limit on the number of lines. Notes This script is for educational purposes only and should not be considered financial advice. Always perform your own analysis and manage risk before making trading decisions. Why Use This Script? The Godfather of Support & Resistance script simplifies your trading decisions by automating the detection of critical price levels. Whether you're a beginner or an experienced trader, this script is designed to save you time and help you focus on making informed trades. Start using it today to master the art of support and resistance trading! Let me know if you need further refinements for this description!
Penunjuk Pine Script®
oleh AnmolMaheshwari
3
Trading Session Highs and LowsTrading Session Highs and Lows This script provides an intuitive way to visualize key market levels from major trading sessions: Asia, London, New York, and New York Close. By automatically plotting the high and low of each session, it helps traders quickly identify important price levels that could impact market behavior. Features include: Session Marking: The script marks the high and low for each major session (Asia, London, New York, and New York Close). Customizable Lines and Labels: You can adjust the line style, width, and color for each session’s high/low markers. The session name (e.g., "London", "New York") and the PDH/PDL (Prior Day High and Low) are also shown to give clear context. Real-Time Updates: The levels are updated in real-time to reflect the current price action, helping you gauge price movement throughout the trading day. Customizable Indicators: Easily adjust the visibility of the different sessions and the labels to focus on the session that matters most to your trading strategy. This tool is designed to help day traders spot important levels for potential breakouts or reversals, making it easier to base your trading decisions on well-established price points. Ideal for scalpers, swing traders, and anyone who trades across multiple sessions.
Penunjuk Pine Script®
oleh MolinaroTrades
EMA 34 Crossover with Break Even Stop LossEMA 34 Crossover with Break Even Stop Loss Strategy This trading strategy is based on the 34-period Exponential Moving Average (EMA) and aims to enter long positions when the price crosses above the EMA 34. The strategy is designed to manage risk effectively with a dynamic stop loss and take-profit mechanism. Key Features: EMA 34 Crossover: The strategy generates a long entry signal when the closing price of the current bar crosses above the 34-period EMA, with the condition that the previous closing price was below the EMA. This crossover indicates a potential upward trend. Risk Management: Upon entering a trade, the strategy sets a stop loss at the low of the previous bar. This helps in controlling the downside risk. A take profit level is set at a 10:1 risk-to-reward ratio, meaning the potential profit is ten times the amount risked on the trade. Break-even Stop Loss: As the price moves in favor of the trade and reaches a 3:1 risk-to-reward ratio, the strategy moves the stop loss to the entry price (break-even). This ensures that no loss will be incurred if the market reverses, effectively protecting profits. Exit Conditions: The strategy exits the trade when either the stop loss is hit (if the price drops below the stop loss level) or the take profit target is reached (if the price rises to the take profit level). If the price reaches the break-even level (entry price), the stop loss is adjusted to lock in profits and prevent any loss. Visualization: The stop loss and take profit levels are plotted on the chart for easy visualization, helping traders track the status of their trade. Trade Management Summary: Long Entry: When price crosses above the 34-period EMA. Stop Loss: Set to the low of the previous candle. Take Profit: Set to a 10:1 risk-to-reward ratio. Break-even: Stop loss is moved to entry price when a 3:1 risk-to-reward ratio is reached. Exit: The trade is closed either when the stop loss or take profit levels are hit. This strategy is designed to minimize losses by employing a dynamic stop loss and to maximize gains by setting a favorable risk-to-reward ratio, making it suitable for traders who prefer a structured, automated approach to risk management and trend-following.
Strategi Pine Script®
oleh rajudas36
TTM Squeeze Momentum MTF [Cometreon]TTM Squeeze Momentum MTF combines the core logic of both the Squeeze Momentum by LazyBear and the TTM Squeeze by John Carter into a single, unified indicator. It offers a complete system to analyze the phase, direction, and strength of market movements. Unlike the original versions, this indicator allows you to choose how to calculate the trend, select from 15 different types of moving averages, customize every parameter, and adapt the visual style to your trading preferences. If you are looking for a powerful, flexible and highly configurable tool, this is the perfect choice for you. 🔷 New Features and Improvements 🟩 Unified System: Trend Detection + Visual Style You can decide which logic to use for the trend via the "Show TTM Squeeze Trend" input: ✅ Enabled → Trend calculated using TTM Squeeze ❌ Disabled → Trend based on Squeeze Momentum You can also customize the visual style of the indicator: ✅ Enable "Show Histogram" for a visual mode using Histogram, Area, or Column ❌ Disable it to display the classic LazyBear-style line Everything updates automatically and dynamically based on your selection. 🟩 Full Customization Every base parameter of the original indicator is now fully configurable: lengths, sources, moving average types, and more. You can finally adapt the squeeze logic to your strategy — not the other way around. 🟩 Multi-MA Engine Choose from 15 different Moving Averages for each part of the calculation: SMA (Simple Moving Average) EMA (Exponential Moving Average) WMA (Weighted Moving Average) RMA (Smoothed Moving Average) HMA (Hull Moving Average) JMA (Jurik Moving Average) DEMA (Double Exponential Moving Average) TEMA (Triple Exponential Moving Average) LSMA (Least Squares Moving Average) VWMA (Volume-Weighted Moving Average) SMMA (Smoothed Moving Average) KAMA (Kaufman’s Adaptive Moving Average) ALMA (Arnaud Legoux Moving Average) FRAMA (Fractal Adaptive Moving Average) VIDYA (Variable Index Dynamic Average) 🟩 Dynamic Signal Line Apply a moving average to the momentum for real-time cross signals, with full control over its length and type. 🟩 Multi-Timeframe & Multi-Ticker Support You're no longer limited to the chart's current timeframe or ticker. Apply the squeeze to any symbol or timeframe without repainting. 🔷 Technical Details and Customizable Inputs This indicator offers a fully modular structure with configurable parameters for every component: 1️⃣ Squeeze Momentum Settings – Choose the source, length, and type of moving average used to calculate the base momentum. 2️⃣ Trend Mode Selector – Toggle "Show TTM Squeeze Trend" to select the trend logic displayed on the chart: ✅ Enabled – Shows the trend based on TTM Squeeze (Bollinger Bands inside/outside Keltner Channel) ❌ Disabled – Displays the trend based on Squeeze Momentum logic 🔁 The moving average type for the Keltner Channel is handled automatically, so you don't need to select it manually, even if the custom input is disabled. 3️⃣ Signal Line – Toggle the Signal Line on the Squeeze Momentum. Select its length and MA type to generate visual cross signals. 4️⃣ Bollinger Bands – Configure the length, multiplier, source, and MA type used in the bands. 5️⃣ Keltner Channel – Adjust the length, multiplier, source, and MA type. You can also enable or disable the True Range option. 6️⃣ Advanced MA Parameters – Customize the parameters for advanced MAs (JMA, ALMA, FRAMA, VIDYA), including Phase, Power, Offset, Sigma, and Shift values. 7️⃣ Ticker & Input Source – Select the ticker and manage inputs for alternative chart types like Renko, Kagi, Line Break, and Point & Figure. 8️⃣ Style Settings – Choose how the squeeze is displayed: Enable "Show Histogram" for Histogram, Area, or Column style Disable it to show the classic LazyBear-style line Use Reverse Color to invert line colors Toggle Show Label to highlight Signal Line cross signals Customize trend colors to suit your preferences 9️⃣ Multi-Timeframe Options - Timeframe – Use the squeeze on higher timeframes for stronger confirmation 🔟 Wait for Timeframe Closes - ✅ Enabled – Prevents multiple signals within the same candle ❌ Disabled – Displays the indicator smoothly without delay 🔧 Default Settings Reference To replicate the default settings of the original indicators as they appear when first applied to the chart, use the following configurations: 🟩 TTM Squeeze (John Carter Style) Squeeze Length: 20 MA Type: SMA Show TTM Squeeze Trend: Enabled Bollinger Bands Length: 20 Multiplier: 2.0 MA Type: SMA Keltner Channel Length: 20 Multiplier: 1.0 Use True Range: ON MA Type: EMA Style Show Histogram: Enabled Reverse Color: Enabled 🟩 Squeeze Momentum (LazyBear Style) Squeeze Length: 10 MA Type: SMA Show TTM Squeeze Trend: Disabled Bollinger Bands Length: 20 Multiplier: 1.5 MA Type: SMA Keltner Channel Length: 10 Multiplier: 1.5 Use True Range: ON MA Type: SMA Style Show Histogram: Disabled Reverse Color: Disabled ⚠️ These values are intended as a starting point. The Cometreon indicator lets you fully customize every input to fit your trading style. 🔷 How to Use Squeeze Momentum Pro 🔍 Identifying Trends Squeeze Momentum Pro supports two different methods for identifying the trend visually, each based on a distinct logic: Squeeze Momentum Trend (LazyBear-style): Displays 3 states based on the position of the Bollinger Bands relative to the Keltner Channel: 🔵 Blue = No Squeeze (BB outside KC and KC outside BB) ⚪️ White = Squeeze Active (BB fully inside KC) ⚫️ Gray = Neutral state (none of the above) TTM Squeeze Trend (John Carter-style): Calculates the difference in width between the Bollinger Bands and the Keltner Channel: 🟩 Green = BB width is greater than KC → potential expansion phase 🟥 Red = BB are tighter than KC → possible compression or pre-breakout 📈 Interpreting Signals Depending on the active configuration, the indicator can provide various signals, including: Trend color → Reflects the current compression/expansion state (based on selected mode) Momentum value (above or below 0) → May indicate directional pressure Signal Line cross → Can highlight momentum shifts Color change in the momentum → May suggest a potential trend reversal 🛠 Integration with Other Tools Squeeze Momentum Pro works well alongside other indicators to strengthen market context: ✅ Volume Profile / OBV – Helps confirm accumulation or distribution during squeezes ✅ RSI – Useful to detect divergence between momentum and price ✅ Moving Averages – Ideal for defining primary trend direction and filtering signals ☄️ If you find this indicator useful, leave a Boost to support its development! Every piece of feedback helps improve the tool and deliver an even better trading experience. 🔥 Share your ideas or feature requests in the comments!
Penunjuk Pine Script®
oleh Cometreon
2
[blackcat] L3 Breakout IndicatorOVERVIEW This script provides a breakout detection system ( L3 Breakout Indicator) analyzing price momentum across timeframes. It identifies market entry/exit zones through dynamically scaled thresholds and visual feedback layers. FEATURES Dual momentum visualization: • Price Momentum Ratio Plot ( yellow ) • Filtered Signal Value Plot ( fuchsia ) Adjustable trade boundaries: ▪ Lower Threshold (default: 0.5) ▪ Upper Threshold (default: 2.9) ▪ Central boundary ( fixed at 2.0 ) Real-time visual feedback: ☀ Buy zone highlights ( lime ) on momentum crossover ⚠ Sell zone highlights ( red ) on momentum cross-under ♦ Dynamic convergence area between plots ( colored gradient ) HOW TO USE Interpretation Flow Monitor momentum plots relative to threshold lines Actionable signals occur when momentum crosses thresholds Persistent movement above/below central boundary indicates trend continuation Key Zones • Below 0.5: Potential buying opportunity zone • Above 2.0: Cautionary selling region • Between 0.5-2.0: Neutral consolidation phase Optimization Tips Adjust thresholds based on asset volatility Combine with volume metrics for confirmation Backtest parameters using historical data LIMITATIONS • Lag induced by 4-period EMA smoothing • Historical dependency in calculating extremes (lowest(100)/highest(250)) • No built-in risk management protocols (stop loss take profit) • Performance variability during sideways markets
Penunjuk Pine Script®
oleh blackcat1402
15
Pure Price Action Breakout with 1:5 RR Description of the Price Action Trading Script (Pine Script v6) Overview This script is a pure price action-based breakout strategy designed for TradingView. It identifies key breakout levels and executes long and short trades based on market structure. The strategy ensures a minimum risk-to-reward ratio (RR) of 1:5, aiming for high profitability with well-defined stop-loss and take-profit levels. How the Script Works 1️⃣ Breakout Identification The script uses a lookback period to find the highest high and lowest low over the last n bars. A bullish breakout occurs when the price closes above the previous highest high. A bearish breakout happens when the price closes below the previous lowest low. 2️⃣ Entry & Exit Strategy Long Entry: If a bullish breakout is detected, the script enters a long position. Short Entry: If a bearish breakout is detected, the script enters a short position. The stop-loss is placed at the recent swing low (for long trades) or recent swing high (for short trades). The target price is calculated based on a risk-to-reward ratio of 1:5, ensuring profitable trades. 3️⃣ Risk Management The stop-loss prevents excessive losses by exiting trades when the market moves unfavorably. The strategy ensures that each trade has a reward potential at least 5 times the risk. Positions are executed based on price action only, without indicators like moving averages or RSI. 4️⃣ Visual Representation The script plots breakout levels to help traders visualize potential trade setups. Entry points, stop-loss, and take-profit levels are labeled on the chart for easy tracking. Key Features & Benefits ✔ Pure Price Action – No lagging indicators, only real-time price movements. ✔ High Risk-to-Reward Ratio (1:5) – Ensures high-profit potential trades. ✔ Real-time Entry & Exit Signals – Provides accurate trade setups. ✔ Dynamic Stop-loss Calculation – Adjusts based on recent market structure. ✔ Customizable Parameters – Lookback periods and risk ratios can be modified.
Strategi Pine Script®
oleh drypacific