Mulakan

Cari dalam skrip untuk "breakout"

Breakout Josip strategy is focused on analyzing price movements during specific time intervals (from 9:00 AM to 12:00 PM) each day. It tracks the highest and lowest prices in that period and uses them to set targets for potential trades, placing horizontal lines based on these levels. Additionally, you're interested in tracking the success and failure of trades based on whether price breaks certain levels during this time range. The strategy also calculates various metrics like the percentage of successful trades, failed trades, and total trades during a selected time range.
Penunjuk Pine Script®
oleh fluoclipwow
Breakout Candles + RSIHello! This is my firt script :) This indicator looks for candles that are significantly larger than the previous X candle. It is possible to set the following: Multiplier: deviation from the size of the previous X candle (if set to 3 the size of the actual candle's body /abs(open - close)/ must be larger than the size of the bigger candle from the prevous X candles) Previous candles: the number of previous candles to size check Upper RSI limit: if the RSI14 close higher than the specified number, the candle will ignore Lower RSI limit: if the RSI14 close lower than the specified number, the candle will ignore Without dojis: if checked, watches candles only that do not have a bottom spike (bullish) or top spike (bearish). Useful for Heikin-Ashi candles Feel free to left any suggestion! Thank You!
Penunjuk Pine Script®
oleh mildZebra14333
2
Breakout Volume Can Help Confirm Other SignalsVolume can help confirm signals we might discover using other methods of technical analysis. This indicator tracks volume intelligently. Its logic spots above-average turnover and then tests against the price change. BrkVol highlights sessions with heavy volume and directional moves. This can help take out the noise and help confirm the trend. Tesla is a classic example of this, with the stock rallying after showing heavy-volume gains on October 24- 25, December 16 and January 8.
Penunjuk Pine Script®
oleh TradeStation
6
RiskGlowRiskGlow is an all-in-one trend indicator that combines a dynamic baseline + channel, SSL (2 levels), exit line, and risk reading via ATR. It features an ultra-readable neon design (fluorescent blue & red) + ready-to-use alerts for clear entries/continuities/exits. Who is it for? NNFX method (recommended for daily), swing & position trading Forex, crypto, indices, commodities Traders who want a clean trend reading + actionable alerts without overloading What the indicator displays Configurable baseline (SMA/EMA/DEMA/TEMA/LSMA/WMA/MF/VAMA/TMA/HMA/JMA/Kijun v2/EDSMA/McGinley) Channel around the baseline (True Range or simple range) to visualize neutral zone ⇄ breakout SSL1 (direction) and SSL2 (continuation) Exit line dedicated to quick exits Bars colored by status (bullish/bearish/neutral) Risk panel (or last candlestick label): risk level, entry distance, volatility percentile, ATR Key alerts (breakouts, SSL2 continuations, baseline crosses, exits) Signal logic (summary) Trend (Baseline + Channel): Above the upper band ⇒ bullish bias; below the lower band ⇒ bearish bias; between the two ⇒ neutral. SSL1: Confirms the trend. SSL2 (Continuation): Validates a continuation if the price remains on the right side of the baseline and SSL2, with a configurable ½ ATR margin. Exit: Price crossover ↔ exit line for clear exits. Alert diamonds: Bar > 1 ATR inside the baseline channel ⇒ risk of a false breakout.
Penunjuk Pine Script®
oleh john_boisvert1985
Vector Confluence Pro™📌 Vector Confluence Pro™ – The Ultimate Multi-System Confluence Indicator ✅ Detect the real signals. Eliminate the noise. Trading is often plagued by a multitude of false signals. Vector Confluence Pro™ was designed for a single mission: 👉 To identify only strong and reliable signals, validated by multiple technical modules simultaneously. ⚙️ Key Features 🔹 Multi-module (all-in-one) Enable/disable the modules you want: Volume, MACD, RSI, Bollinger Bands, Moving Averages (EMA/SMA), Stochastics, ADX/DMI, Ichimoku, Donchian, PSAR, Price Action, Reversal Points, etc 🔹 Vector Candles (PVSRA-like) An exclusive innovation: instantly detect "Climax" candles (high volume and range). → A Vector Candle can trigger a direct BUY/SELL (configurable) or count as a module in the confluence. 🔹 Automatic W & M detection (double bottom / double top) With intelligent color coding: ✅ Green = W validated 🟡 Yellow = forming ❌ Red = invalid Turquoise / Orange / Pink = M states 🔹 Advanced Filters – EMA50 / SMA200 for trend – ADX > 20 for strength – Breakouts – Volume spikes – Edge-only mode (only the first candle of a move) – Configurable cooldown (avoid spam) – Regime Hold (prevents signal repetition while the trend remains active) 🔹 Multi-timeframe Dashboard (MTF) A clear table that displays the live status of each timeframe (5 min, 15 min, 1 h, 4 h, Daily, etc.) → You can see at a glance where the confluence is strongest. 🔹 Debug Panel (ON/OFF of each module) Check live which modules are activated and their status (Bull / Bear). Signals are no longer a black box: you know exactly why a BUY/SELL is appearing. 🔹 Integrated TP/SL (ATR-based) Automatic display of Take Profit and Stop Loss calculated based on volatility + fees. 🎯 Benefits for the trader ✅ Save time: a single indicator replaces a dozen tools. ✅ Improve your accuracy: signals validated by the multi-module confluence. ✅ Adapt to your style: scalping, day trading, or swing trading. ✅ Clearly visualize your entries/exits with dynamic TP/SL. ✅ Eliminate noise and keep only high-probability signals. 👤 Who is it for? Scalpers who want to capture quick moves with clean signals. Day traders looking for a clear dashboard to manage multiple time frames. Swing traders who want to secure their entries with strong confluence. Anyone who wants to simplify their charting and gain discipline. Here are some indicator combos to activate together. 1. Moving Averages and MACD (Moving Average Convergence Divergence) Moving averages smooth price data to help traders identify trends. Two commonly used types are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A popular strategy is to use two moving averages with different timeframes, such as the 50-day SMA and the 200-day SMA. When the shorter-term moving average (e.g., 50-day SMA) crosses above the longer-term moving average (e.g., 200-day SMA), it generates a bullish signal. Similarly, when the shorter-term moving average crosses below the longer-term one, it generates a bearish signal. The MACD is a trend-following indicator that calculates the difference between two EMAs of the price, then smooths it with another EMA. A common setup is the combination of the 12-day EMA, the 26-day EMA, and the 9-day signal EMA. When the MACD line crosses above the signal line, it generates a bullish signal, while a bearish signal occurs when the MACD line crosses below the signal line. Combining moving averages with the MACD can provide stronger signals, since moving averages identify trends and the MACD confirms them. 2. RSI (Relative Strength Index) and Bollinger Bands The RSI is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is typically used to identify overbought or oversold conditions. An RSI above 70 is considered overbought, suggesting that the asset may be overvalued and due for a correction. An RSI below 30 indicates oversold conditions, suggesting that the asset may be undervalued and ready for a rebound. Bollinger Bands consist of a moving average (typically the 20-day SMA) and two standard deviations above and below it. The bands contract and expand based on the asset’s volatility. When the price touches the upper band, it may signal overextension and an imminent reversal downward. Likewise, when the price touches the lower band, it may indicate oversold conditions and a potential rebound. By combining RSI and Bollinger Bands, traders can identify potential reversal points with greater confidence. 3. Stochastic Oscillator and ADX (Average Directional Index) The stochastic oscillator is a momentum indicator that compares an asset’s closing price to its price range over a specific period. It consists of two lines: %K and %D. When %K crosses above %D, it generates a bullish signal, while a bearish signal occurs when %K crosses below %D. Traders often use it to spot overbought and oversold conditions, similar to RSI. The ADX is a non-directional indicator that measures the strength of a trend. A rising ADX indicates a strengthening trend, while a falling ADX suggests a weakening trend. It does not provide directional information, only trend strength. By combining the stochastic oscillator with the ADX, traders can identify potential entry and exit points with more confidence. 4. Support and Resistance with Volume Indicators Support and resistance levels are critical price points where buying or selling pressure tends to reverse price movement. Support is a price level where buying pressure is strong enough to prevent further decline, while resistance is a level where selling pressure stops price increases. Volume indicators, such as OBV (On-Balance Volume) or VPVR (Volume Profile Visible Range), provide insight into the strength of price moves. OBV is a cumulative indicator that adds volume on up days and subtracts volume on down days, reflecting buying and selling pressure. VPVR displays traded volume at different price levels, helping traders identify high-interest zones for buying or selling. Combining support and resistance with volume indicators allows traders to better identify potential entry and exit points. 5. Fibonacci Retracements and Moving Averages Fibonacci retracements are a popular tool for identifying potential support and resistance levels based on the Fibonacci sequence. By measuring the distance between a significant high and low in a price trend, traders can identify key retracement levels, typically at 23.6%, 38.2%, 50%, 61.8%, and 78.6%. These levels often act as support or resistance, where price reversals may occur. Combining Fibonacci retracements with moving averages provides additional confirmation for potential reversal points. 6. Ichimoku Cloud and RSI The Ichimoku Cloud is a comprehensive technical analysis tool that provides insights into trend direction, momentum, and support/resistance levels. It consists of five lines: Tenkan-sen, Kijun-sen, Senkou Span A, Senkou Span B, and Chikou Span. A bullish signal is generated when the price moves above the cloud, while a bearish signal occurs when the price moves below it. By combining Ichimoku with RSI, traders can obtain stronger signals for potential trend reversals or continuations. 7. Chart Patterns and Volume Indicators Chart patterns visually represent market psychology and help traders spot potential reversals or continuations. Common patterns include head and shoulders, double tops and double bottoms, triangles, and pennants. These patterns often suggest imminent price movements based on past performance. When combined with volume indicators such as OBV or VPVR, chart patterns provide greater insight into the strength of price movements and help validate potential breakouts or reversals. 8. Candlestick Patterns and Moving Averages Candlestick patterns are another form of visual analysis that reveal market sentiment and potential price direction. Common patterns include the hammer, shooting star, engulfing patterns, and doji. These can provide short-term signals for potential reversals or trend continuations. By combining candlestick patterns with moving averages, traders can confirm potential trend shifts or continuations. 9. Multi Time Frame (MTF) Analysis Using multiple timeframes in technical analysis allows traders to gain a broader understanding of market trends and price action. By examining daily, weekly, and monthly charts, traders can identify the primary trend, intermediate trend, and short-term fluctuations. Applying technical indicators and chart patterns across multiple timeframes provides stronger trading signals and improves decision-making. 10. Divergence Analysis with Oscillators Divergence analysis compares an asset’s price action with an oscillator such as MACD, RSI, or the stochastic oscillator. A divergence occurs when the price makes a new high or low, but the oscillator does not follow, signaling a potential reversal or weakening trend. By integrating divergence analysis with other technical indicators or chart patterns, traders can strengthen decision-making and identify potential trend reversals with greater confidence. Conclusion Although various combinations of technical indicators, chart patterns, and analytical techniques were popular and potentially profitable for predicting asset performance up until September 2021, it is essential to remember that no strategy is foolproof. The success of a trading strategy depends on many factors, such as trader skill, market conditions, and risk management techniques. Traders must continually evaluate and adjust their strategies as market conditions evolve, and also consider fundamentals, economic news, and global events. It is equally important to practice sound risk management techniques, such as setting stop-loss orders and position sizing, to minimize potential losses and improve the overall success of a trading strategy. Finally, while I consistently use technical indicators in my analysis and trading decisions, they represent only part of my evaluation process. My strategy primarily relies on an approach that places fundamental analysis at the forefront. Happy trading!
Penunjuk Pine Script®
oleh john_boisvert1985
WaveRider Divergence OscillatorWaveRider — RSI−MA Oscillator & Divergences WaveRider is a momentum oscillator that combines the RSI and its moving average to reveal the underlying market “wave.” It detects bullish/bearish divergences, highlights extremes (overbought/oversold), and generates signals based on level and zero line crossings. Ideal for crypto, indices, forex, and stocks. What the indicator does PulseWave Oscillator (RSI − SMA(RSI)) Measures the deviation between the RSI and its moving average to capture the true acceleration/deceleration of momentum. Robust divergences (non-repaint after confirmation) Based on confirmed pivots (ta.pivothigh/low). The “Bull/Bear” labels only appear when the pivot is validated. Zones extrêmes OB/OS Niveaux paramétrables (par défaut ±12) pour repérer les excès haussiers/baissiers. Signaux prêts à l’emploi OB/OS : signal quand l’oscillateur recroise le niveau extrême. Zero Line : signal quand l’oscillateur franchit 0 (changement de régime). Visuel soigné Dégradés, remplissages progressifs vers la ligne 0, couleurs distinctes haussier/baissier pour une lecture immédiate. Alertes intégrées Alertes pour Divergence haussière, Divergence baissière, Buy/Sell (selon le type de signal choisi). Comment l’utiliser (workflow simple) Contexte Au-dessus de 0 : momentum positif ; en-dessous : momentum négatif. Plus l’amplitude de l’oscillateur est élevée, plus l’impulsion est forte. Repérer les extrêmes Quand l’oscillateur entre en OB/OS, attendez un re-franchissement du niveau (retour depuis l’extrême) pour un signal plus propre. Chercher les divergences Bullish : prix fait un plus bas plus bas, l’oscillateur un plus bas plus haut. Bearish : prix fait un plus haut plus haut, l’oscillateur un plus haut plus bas. Combinez une divergence + un signal Zero Line pour des entrées plus conservatrices. Déclencher les alertes Ouvrez “Créer alerte” et sélectionnez les conditions fournies par l’indicateur (bull/bear divergence, buy/sell). Paramètres (principaux) RSI Length / RSI MA Length: The RSI and its moving average (SMA) horizons that make up the oscillator. Overbought / Oversold: The oscillator's extreme thresholds (default ±12). Calculate Divergence: Enables/disables divergence detection. Pivot Length: Pivot sensitivity (5 by default). Signal Type: OB/OS, Zero Line, Both, or None signals. Gradient Settings: Purely visual options (gradients/fill). Note: The indicator is overlay=false; it is plotted in its own panel (maximum readability). Recommended Settings (crypto) Adapt to the volatility of your asset. The longer the MA vs. RSI, the more the signal is filtered (less noise). 5m (scalp): RSI 20 / MA 20, OB/OS ±12, Pivot 5 15m (intra fast): RSI 20 / MA 22, OB/OS ±12, Pivot 5–6 1h (intra/swing): RSI 20 / MA 34, OB/OS ±12–14, Pivot 6 4h (swing): RSI 24 / MA 34, OB/OS ±14, Pivot 6–7 1D (position): RSI 26 / MA 50, OB/OS ±15–16, Pivot 7–8 Quick tips: Too many false signals → lengthen MA (20→34), increase Pivot Length, or widen OB/OS (±12→±14). Not enough signals → shorten MA (34→20) or tighten OB/OS (±14→±12). FAQ — Surf In Wave (RSI−MA & Divergences) 1) What is Surf In Wave used for? It is a momentum oscillator based on RSI − SMA (RSI). It highlights excesses (Overbought/Oversold), zero line crossings, and detects bullish/bearish divergences. 2) How to read the oscillator? Above 0: positive momentum (bullish impulse). Below 0: negative momentum (bearish impulse). High amplitude: strong impulse (possible extensions). 3) What do Overbought/Oversold mean? Extreme zones (by default ±12) where the movement may run out of steam. Waiting for a reversal from the extreme (recrossing the level) often gives cleaner signals. 4) What signals does the indicator display? OB/OS: plot shape when the oscillator recrosses the extreme levels. Zero Line: plot shape when the oscillator crosses 0. You can choose None / OB/OS / Zero Line / Both in Signal Type. 5) Do divergences repaint? No. Divergences use confirmed pivots (ta.pivothigh/low). The label appears after the pivot is confirmed, which can create a slight lag; once displayed, it does not repaint. 6) Why don't I see any (or few) signals? Check: Signal Type ≠ None. OB/OS levels not too wide for your asset. Very quiet market → fewer crossings. Timeframe too high / settings too conservative (long maLen, high pivotLength). 7) What if I see too much? Widen OB/OS (e.g., ±14). Lengthen RSI MA Length (e.g., 34). Increase Pivot Length (6–8) for more selective divergences. 8) Recommended Settings (crypto) 5m: RSI 20 / MA 20, OB/OS ±12, Pivot 5 15m: RSI 20 / MA 22, OB/OS ±12, Pivot 5–6 1h: RSI 20 / MA 34, OB/OS ±12–14, Pivot 6 4h: RSI 24 / MA 34, OB/OS ±14, Pivot 6–7 1D: RSI 26 / MA 50, OB/OS ±15–16, Pivot 7–8 9) On which markets and timeframes? Crypto, indices, forex, stocks—all timeframes. The higher the TF, the more filtered and slower the signals, but often more reliable. 10) How does it differ from a classic RSI? Rather than the raw RSI, Surf In Wave displays the RSI − SMA (RSI) spread: it isolates the momentum around an "equilibrium level" (0), making regime changes more visible. 11) How to use divergences? Bullish: price makes a LL, the oscillator a HL → watch for a bullish reversal. Bearish: price makes a HH, the oscillator a LH → watch for a bearish reversal. Tip: combine divergence + a 0 crossing for more conservative timing. 12) Are there alerts? Yes: Bullish Divergence and Bearish Divergence. Create an alert → Condition = Surf In Wave → choose the desired condition. 13) Is the visual customizable? Yes: colors (+/−, OB/OS, labels), gradients, fill towards the 0 line, etc. Everything is purely cosmetic and does not affect the logic. 14) Tips for integration with other tools Market structure (S/R, channels) for targets/invalidations. Trend-based moving averages (EMA 50/200) to filter countertrends. Volume/Volatility to validate breakouts. 15) Best practices Avoid entering at the very extreme; wait for the level to recross or the 0 line. Always backtest and paper trade before committing capital. Adapt thresholds to the asset's volatility. 16) Limitations to be aware of Signals are not certainties; they reflect a state of momentum. In a tight-ranging market, there may be frequent back-and-forths around 0. 17) Key parameters — quick reminder RSI Length / RSI MA Length: Oscillator speed and smoothing. Overbought / Oversold: Width of extreme zones. Pivot Length: Divergence sensitivity (larger = more selective). Signal Type: OB/OS, Zero, Both, None. Gradients: For aesthetic purposes only. Happy trading CIRCLES AND TRIANGLES: - SMALL CIRCLE: These appear at each WaveRider wave crossover. - GREEN CIRCLE: WaveRider waves are oversold and have crossed upwards (bullish). - RED CIRCLE: WaveRider waves are overbought and have crossed downwards (bearish). - GOLD/ORANGE CIRCLE: When the RSI is below 20, WaveRider waves are below or equal to -80 and have crossed upwards after a strong bullish divergence, a sign of a big run-up! - None of these circles are a sure sign of trading. Only information can help you. Combined with DivergX One! - PURPLE TRIANGLE: These appear when a bullish or bearish divergence forms and WaveRider waves cross at overbought and oversold points.
Penunjuk Pine Script®
oleh john_boisvert1985
Master IndicatorThis Master Indicator combines multiple trading tools into a single script, helping traders save time and keep charts clean. It is designed for discretionary analysis and provides important reference levels, but does not generate guaranteed signals. ✨ Features Included: • Moving Averages (3 EMA system + additional MA with SMA/EMA/WMA/VWMA options). • Pivot Boss CPR: Daily/Weekly CPR with support/resistance levels. • Previous Day/Week OHLC levels for quick reference. • Swing BS logic with (TSL) and alerts. • ADR (Daily) levels with optional multipliers, historical plots, and range width analysis. • Supply/Demand zone detection with automated box drawing and Break of Structure (BOS) handling. • Automated Math Levels (PrevClose, PrevHigh, PrevLow, R1, R2, S1, S2, Upper/Lower BEP). • Support and Resistance Power. ⚙️ How to Use: 1. Enable or disable components from the settings menu (CPR, ADR, Supply/Demand, Swing, S & R Power, Math Levels, etc.). 2. Adjust multipliers and periods for ADR to fit your trading style. 3. Use CPR, Automated Math Levels and OHLC levels as intraday reference points. 4. Supply/Demand zones highlight potential reversal or continuation areas. 5. Swing logic helps identify breakouts and trailing stops. 📌 Notes & Limitations: • This script is for educational/reference purposes only. • It does not predict future prices or guarantee performance. • Past results do not guarantee future outcomes. • Works best on 15m and higher chart resolutions when publishing. 💡 Why it’s useful: Instead of using multiple separate indicators, this script combines CPR, ADR, OHLC, Swing logic, S & R Power and Supply/Demand zones into a single “master Indicator,” making analysis faster and more structured.
Penunjuk Pine Script®
oleh vinothblr2015
VWAP RIBBONVWAP Ribbon Indicator The VWAP Ribbon Indicator is a comprehensive technical analysis tool designed for TradingView, utilizing multiple Volume-Weighted Average Price (VWAP) calculations across different timeframes (Daily, Weekly, Monthly, Yearly, and Custom) to identify potential trading opportunities. It generates buy/sell signals, detects institutional bias, compression zones, breakouts, false breakouts, and reversions, providing traders with a robust framework for decision-making. The indicator is highly customizable, allowing users to tailor its settings to their trading style and timeframe. Features Multi-Timeframe VWAPs: Plots VWAPs for Daily, Weekly, Monthly, Yearly, and a user-defined Custom timeframe, each with configurable deviation bands. Buy/Sell Signals: Generates signals based on price interactions with VWAPs, rebounds, and crosses, with adjustable sensitivity and minimum conditions. Institutional Bias: Identifies bullish or bearish institutional bias based on VWAP alignments and slopes. Compression Zones: Detects areas where VWAPs converge, indicating potential accumulation or distribution phases. Breakout and False Breakout Detection: Identifies confirmed breakouts and false breakouts after compression zones, with volume and price confirmation. Reversion Signals: Detects reversions after price excesses beyond VWAP deviation bands, anchored to pivot points. Custom VWAP: Allows users to define a custom VWAP timeframe (e.g., specific hours, days, weeks) for tailored analysis. Tactical Panel: Displays real-time signal and market data in a customizable panel (compact or detailed). Advanced Filters: Incorporates volume, RSI, EMA, and candlestick patterns to enhance signal accuracy. How to Use Adding the Indicator: In TradingView, go to the Pine Editor, paste the provided code, and click "Add to Chart." The indicator will overlay VWAP lines and deviation bands on your chart, with optional labels and a tactical panel. Configuration: The indicator is divided into several input groups for easy customization: ⚙️ Activate VWAPs in Signals: Enable or disable Daily, Weekly, Monthly, Yearly, or Custom VWAPs for signal generation. Visual VWAP Ribbon Settings: Toggle visibility and adjust colors for VWAP lines and deviation bands. Customize the Custom VWAP timeframe (e.g., 4 hours, 2 days). Buy/Sell Signals: Enable labels for basic signals ("B" for Buy, "S" for Sell), set minimum conditions (1–10), and adjust signal sensitivity (0.1–1.0). Institutional Bias Conditions: Enable background coloring for bias, set minimum VWAP spacing (%), and optionally require price alignment with VWAPs. Statistical Signals: Enable reversion labels, adjust lookback periods, and set volume gates for reversions. VWAP Compression: Enable detection of VWAP convergence zones and breakout/false breakout signals. Custom Signals: Enable labels for Custom VWAP rebounds with configurable cooldowns. Pro Filters: Apply advanced filters like minimum VWAP slope, relative price confirmation, volume thresholds, RSI, and EMA weights. Signal Weight Configuration: Assign weights to various conditions (e.g., price crosses, rebounds) to fine-tune signal scoring. Tactical Panel: Enable the panel, choose its position (e.g., top-right), and select compact or detailed mode. Interpreting Signals: Buy/Sell Signals: Appear as "B" (Buy) or "S" (Sell) labels with detailed tooltips listing triggered conditions (e.g., price crossing Daily VWAP, rebound from lower band). Signals require a minimum number of conditions (default: 3) and a normalized score above the sensitivity threshold (default: 0.5). Institutional Bias: Background coloring (green for bullish, red for bearish) indicates VWAP alignment (e.g., Daily > Weekly > Monthly) and slope conditions. Neutral bias has no coloring. Compression Zones: Gray background highlights areas where VWAPs are within a user-defined threshold (default: 0.5%), signaling potential accumulation/distribution. Breakout Signals: Labeled as "BREAK ▲" or "BREAK ▼" after exiting a compression zone with strong candlestick confirmation and volume. False Breakout Signals: Labeled as "FALSE ▲" or "FALSE ▼" when price crosses a Daily VWAP band but reverses back, indicating a failed breakout. Reversion Signals: Labeled as "▲ R ▬ BUY" or "▼ R ▬ SELL" at pivot points after price excesses beyond VWAP bands, confirmed by volume (if enabled). Custom VWAP Signals: Labeled as "C-BUY" or "C-SELL" for rebounds off the Custom VWAP’s deviation bands, with configurable volume and candlestick filters. Tactical Panel: Displays the latest signal, price, date, bias, compression status, trend direction, VWAP distances, volume state, and technical summary (slopes, band distances). Best Practices: Timeframe Selection: The indicator auto-scales parameters for different timeframes (Daily+, Intraday ≥1h, Sub-hour). Adjust settings like lookbackBars or devThreshold for specific timeframes if autoScaleReversion is disabled. Signal Sensitivity: Increase signalSensitivity (e.g., 0.7) for stricter signals or decrease (e.g., 0.3) for more frequent signals. Adjust minConditions to balance signal frequency and reliability. Volume Filters: Enable useVolumeGate or useLiquidityFilter for high-liquidity assets to reduce false signals in low-volume conditions. Compression and Breakouts: Use compression zones to anticipate breakouts. Enable showBreakoutLabels and showfalseBreakoutLabels to monitor confirmed and failed breakouts. Custom VWAP: Set a specific timeframe (e.g., 4 hours) for intraday trading or longer periods (e.g., 2 weeks) for swing trading. Enable showCustomSignalLabels for tailored signals. Reversion Trading: Use reversion signals for mean-reversion strategies, especially in range-bound markets. Adjust devThreshold and pivotLength for sensitivity. Tactical Panel: Use the detailed panel for a quick overview of market conditions. Compact mode is ideal for minimal screen clutter. Alerts: Set up alerts for: Institutional Bias (Buy/Sell) VWAP Compression (Start/End) Basic Buy/Sell Signals Reversion Signals (Buy/Sell) Breakout Signals (Bullish/Bearish) False Breakout Signals (Bullish/Bearish) Custom VWAP Rebound Signals (Buy/Sell) Weekly/Monthly/Yearly VWAP Rebound Signals In TradingView, go to the Alerts tab, select the indicator, and choose the desired condition. Customize alert messages as needed. Notes Performance: The indicator uses max_bars_back=5000 and max_labels_count=500 to ensure compatibility with most assets. For low-liquidity assets, consider enabling useLiquidityFilter to avoid noisy signals. Customization: Experiment with weights in the "Signal Weight Configuration" group to prioritize specific conditions (e.g., increase wReboundD for Daily VWAP rebounds). Limitations: Signals are based on historical data and VWAP interactions. Always combine with other analysis tools and risk management strategies. License: This indicator is released under the Mozilla Public License 2.0.
Penunjuk Pine Script®
oleh AlanBustos777
CYCLE BY RiotWolftradingDescription of the "CYCLE" Indicator The "CYCLE" indicator is a custom Pine Script v5 script for TradingView that visualizes cyclic patterns in price action, dividing the trading day into specific sessions and 90-minute quarters (Q1-Q4). It is designed to identify and display market phases (Accumulation, Manipulation, Distribution, and Continuation/Reversal) along with key support and resistance levels within those sessions. Additionally, it allows customization of boxes, lines, labels, and colors to suit user preferences. Main Features Cycle Phases: Accumulation (1900-0100): Represents the phase where large operators accumulate positions. Manipulation (0100-0700): Identifies potential manipulative moves to mislead retail traders. Distribution (0700-1300): The phase where large operators distribute their positions. Continuation/Reversal (1300-1900): Indicates whether the price continues the trend or reverses. 90-Minute Quarters (Q1-Q4): Divides each 6-hour cycle (360 minutes) into four 90-minute quarters (Q1: 00:00-01:30, Q2: 01:30-03:00, Q3: 03:00-04:30, Q4: 04:30-06:00 UTC). Each quarter is displayed with a colored box (Q1: light purple, Q2: light blue, Q3: light gray, Q4: light pink) and labels (defaulted to black). Support and Resistance Visualization: Draws boxes or lines (based on settings) showing the high and low levels of each session. Optionally displays accumulated volume at the highs and lows within the boxes. Daily Lines and Last 3 Boxes: How to Use the Indicator Step 1: Add the Indicator to TradingView Open TradingView and select the chart where you want to apply the indicator (e.g., UMG9OOR on a 5-minute timeframe, as shown in the screenshot). Go to the Pine Editor (at the bottom of the TradingView interface). Copy and paste the provided code. Click Compile and then Add to Chart. Step 2: Configure the Indicator Click on the indicator name on the chart ("CYCLE") and select Settings (or double-click the name). Adjust the options based on your needs: Cycle Phases: Enable/disable phases (Accumulation, Manipulation, Distribution, Continuation/Reversal) and adjust their time slots if needed. 90-Minute Quarters: Enable/disable quarters (Q1-Q4). Step 3: Interpret the Indicator Identify Cycle Phases: Observe the red boxes indicating the phases (Accumulation, Manipulation, etc.). The high and low levels within each phase are potential support/resistance zones. If volume is enabled, pay attention to the accumulated volume at highs and lows, as it may indicate the strength of those levels. Use the 90-Minute Quarters (Q1-Q4): The colored boxes (Q1-Q4) divide the day into 90-minute segments. Each quarter shows the price range (high and low) during that period. Use these boxes to identify price patterns within each quarter, such as breakouts or consolidations. The labels (Q1, Q2, etc.) help you track time and anticipate potential moves in the next quarter. Analyze Support and Resistance: The high and low levels of each phase/quarter act as support and resistance. Daily lines (if enabled) show key levels from the previous day, useful for planning entries/exits. The "last 3 boxes below price" (if enabled) highlight potential support levels the price might target. Avoid Manipulation: During the Manipulation phase (0100-0700), be cautious of sharp moves or false breakouts. Use the high/low levels of this phase to identify potential traps (as explained in your first question about manipulation candles). Step 4: Trading Strategy Entries and Exits: Support/Resistance: Use the high/low levels of phases and quarters to set entry or exit points. For example, if the price bounces off a Q1 support level, consider a buy. Breakouts: If the price breaks a high/low of a quarter (e.g., Q2), wait for confirmation to enter in the direction of the breakout. Volume: If accumulated volume is high near a key level, that level may be more significant. Risk Management: Place stop-loss orders below lows (for buys) or above highs (for sells) identified by the indicator. Avoid trading during the Manipulation phase unless you have a specific strategy to handle false breakouts. Time Context: Use the quarters (Q1-Q4) to plan your trades based on time. For example, if Q3 is typically volatile in your market, prepare for larger moves between 03:00-04:30 UTC. Step 5: Adjustments and Testing Test on Different Timeframes: The indicator is set for a 5-minute timeframe (as in the screenshot), but you can test it on other timeframes (e.g., 1-minute, 15-minute) by adjusting the time slots if needed. Adjust Colors and Styles: If the default colors are not visible on your chart, change them for better clarity. --- 📌 1. **Accumulation: Strong Institutional Activity** - During the **accumulation phase, we see **high volume: 82.773K, which suggests strong buying interest**, likely from institutional players. - This sets the base for the following upward move in price. --- 📌 2. **Manipulation: False Breakout with Lower Volume** - Later, there's a manipulation phase where price breaks above previous highs, but the volume (71.814K) is **lower than during accumulation**. - This implies that buyers are not as aggressive as before—no real demandbehind the breakout. - It’s likely a bull trap, where smart money is selling into the breakout to exit their positions. --- ### 📌 3. Distribution: Weakness and Lack of Demand - The market enters a distribution phase, and volume drops even further (only 7.914K). - Price struggles to go higher, and you start seeing rejections at the top. - This shows that demand is drying up, and smart money is offloading positions**—not accumulating anymore. --- ### 💡 Why Take the Short Here? - Volume is not increasing with new highs—showing weak demand**. - The manipulation volume is weaker than the accumulation volume, confirming the breakout was likely false. - Structure starts to break down (Q levels falling), which confirms weakness. - This creates a high-probability short setup: - **Entry:** after confirmation of distribution and structural breakdown. - **Stop loss:** above the manipulation high. - **Target:** down toward previous lows or value zones. --- ### ✅ Conclusion Since the manipulation volume failed to exceed the accumulation volume, the breakout lacked real strength. Combined with decreasing volume in the distribution phase, this indicates fading demand and supply taking control—which justifies entering a short position.
Penunjuk Pine Script®
oleh anarkiacapital
1
Fibonacci internal Break of Range PinescriptlabsThe uniqueness of this script lies in the synergy and dynamic interaction resulting from the advanced combination of key elements of technical analysis in the way it strategically merges Fibonacci Levels with the Linear Regression Channel and the internal price structure, creating a highly synergistic market analysis system. The Linear Regression Channel, drawn from price regression and its standard deviation over a defined number of bars, offers a graphical representation of the prevailing market trend. The combination of this channel with Fibonacci Levels is deliberate and critical: the levels serve as additional filters to validate range breakouts within the channel, and vice versa, channel breakouts enhance the importance of Fibonacci levels by adjusting to the market context, represented by the specific length and displacement within the chart. Fibonacci levels are updated with each new bar, and the detection of Break of Range (BoR) is integrated with the Fibonacci level plot to highlight significant breakout points. A unique aspect of this script is the way breakouts are identified not only by the price crossing certain Fibonacci levels but also by volume context and candlestick patterns, such as Engulfing patterns, which signal potential changes in market trends. This interaction between the Linear Regression Channel and Fibonacci Levels, for example, a bullish price breakout above the upper channel boundary simultaneously crossing a significant Fibonacci level, suggests not only a possible continuation of the uptrend but also a strong support level established. Similarly, a bearish price breakout below the lower channel boundary, coinciding with a Fibonacci level, may signal a trend reversal confirmation and a new resistance level. This script delves further into signal convergence, where the interaction between Break of Range and Fibonacci levels marks bullish and bearish breakouts, respectively, and when these signals coincide with breakouts of any Fibonacci level, they provide cross-confirmation that increases confidence in the generated signal. "BoR+Fib🔼" and "BoR+Fib🔽." Additionally, the script introduces an innovative implementation of the Linear Regression Channel, which uses a customizable period and standard deviation to plot upper and lower trendlines. This approach allows traders to anticipate potential re-entry points after a breakout, as prices often retest the channel edges, providing low and high entry confirmation opportunities. A differentiating technical aspect is the conditional logic implemented for bullish and bearish trend signal confirmation. For example, the script calibrates signals based on the intersection of price action with critical Fibonacci levels and confirmed candlestick patterns, enhancing signal reliability compared to using these indicators in isolation. Key Features: 1. Dynamic calculation of Fibonacci levels. 2. Detection of internal price range breakouts (Break of Range). 3. Linear Regression Channel. 4. Detection of candlestick patterns (Engulfing Patterns). Dynamic Fibonacci Level Calculation and Internal Range Breakout Detection (Break of Range): The fusion of Fibonacci levels with the detection of internal range breakouts is crucial because it allows for precise identification of market turning points. Fibonacci levels act as initial filters, indicating potential support and resistance zones. When the price crosses a key Fibonacci level, especially in conjunction with an internal range breakout, the resulting signal is stronger and more reliable. This confluence significantly increases the probability of sustainable price movement. Broken: Function: The code identifies breakouts when the price crosses a key Fibonacci level (0%, 100%). A breakout is significant if the price crosses and holds beyond these levels. Interaction: Breakouts validate Fibonacci levels. For example, a breakout above the 0% Fibonacci level can confirm an uptrend. Structure Change: Function: In the code, Structure Change can be interpreted through the detection of pivot patterns and price structure change signals, which we identify as Break of Range. Interaction: This component acts as confirmation for range breakouts and Fibonacci levels. For example, if a range breakout is followed by a change in price structure (such as the formation of a new higher high), it strengthens the validity of the range breakout signal. "BoR+Fib🔽": Indicates a bearish range breakout that has also crossed a Fibonacci level downward. This can be interpreted as a sell signal or a bearish trend indication. "BoR+Fib🔼": Represents a bullish range breakout that has also crossed a Fibonacci level upward. It can be interpreted as a buy signal or a bullish trend indication. Linear Regression Channel: Function: The Linear Regression Channel is calculated and drawn using a defined number of bars to establish the overall market trend. Calculations involve summing and averaging closing prices and their products with the time index to calculate the regression line and its standard deviation. The script uses this channel to contextualize Fibonacci signals and range breakouts, with breakouts occurring in the direction of the channel's trend. Interaction: Provides context to Fibonacci signals and range breakouts. For example, if a range breakout occurs in the same direction as indicated by the Linear Regression Channel, this adds credibility to the signal. Integration Benefit: The Linear Regression Channel provides an overall trend context. When a range breakout signal and a Fibonacci level coincide within the direction indicated by the channel, the signal's validity is strengthened. Signal Convergence: An ideal scenario occurs when all elements converge. For example, a good entry point could be when the price experiences a range breakout from a significant Fibonacci level, there is a change in price structure in the same direction, and all of this aligns with the trend indicated by the Linear Regression Channel. Dynamic Volatility Visualization: Adjusts the width of the Linear Regression Channel based on market volatility. Validation and Entry Confirmation after Linear Regression Channel Breakout: Breakout Validation: The Linear Regression Channel breakout is validated not only by price crossing but also by an increase in volume, suggesting a significant breakout rather than a temporary fluctuation. Entry Confirmation ('Low and High Entry Confirmation'): Confirmation Bars: A specific number of bars (configurable entry) closing outside the channel are required to confirm an entry. This reduces the risk of false signals. Channel Re-Test: After the breakout, the price often retests the channel's edge. An entry is confirmed if the price bounces from this area, validating the initial breakout. Auxiliary Indicators: Oscillators or momentum indicators are used to confirm trend strength after the breakout. Candlestick Pattern Detection (Engulfing Patterns): Engulfing Pattern Identification: bullishEngulfing is activated in a bullish pattern with a previous bearish trend and a specific bullish candle. bearishEngulfing is activated in a bearish pattern with a previous bullish trend and a specific bearish candle. Special Trend Signals: Bullish signals are displayed as blue circles with "⬆️," while bearish signals are displayed as red circles with "⬇️." Bullish Signals: Indicate that the price has crossed above certain Fibonacci levels, and the current trend is considered bullish, as the most recent closing price is higher than the closing price of a specific bar in the past. Bearish Signals: Indicate that the price has crossed below certain Fibonacci levels, and the current trend is considered bearish, as the most recent closing price is lower than the closing price of a specific bar in the past. Integration with 3Commas for Automation: Signal Automation: The ability to integrate with platforms like 3Commas allows for the automatic execution of strategies based on the script's signals, where a bot could execute trades based on the chart-generated signals, facilitating more efficient trading, reducing reaction time, and as an automated script, we only need to input our short Bot Id or our Long Bot ID into the previously loaded message alert. Español: La singularidad de este script radica en la sinergia y la interacción dinámica que resulta de la combinación avanzada de elementos clave del análisis técnico en la forma en que fusiona estratégicamente los Niveles de Fibonacci con el Canal de Regresión Lineal y la estructura interna del precio creando un sistema de análisis de mercado altamente sinérgico. El Canal de Regresión Lineal, dibujado a partir de la regresión de precios y su desviación estándar sobre un número definido de barras, ofrece una representación gráfica de la tendencia predominante del mercado. La combinación de este canal con los Niveles de Fibonacci es deliberada y crítica: los niveles sirven como filtros adicionales para validar las rupturas de rango dentro del canal, y viceversa, las rupturas del canal potencian la importancia de los niveles de Fibonacci ajustándose al contexto del mercado, representado por la longitud y desplazamiento específicos dentro del gráfico. Los niveles de Fibonacci se actualizan con cada nueva barra, La detección de rupturas de rango (Break of Range) se integra con la trama de niveles de Fibonacci para destacar los puntos de ruptura significativos. Un enfoque único de este script es la manera en que las rupturas no solo se identifican por el cruce de precios de ciertos niveles de Fibonacci sino también por el contexto de volumen y patrones de velas, como los patrones Engulfing, que señalan cambios potenciales en la tendencia del mercado. Esta interacción entre el Canal de Regresión Lineal y los Niveles de Fibonacci Por ejemplo: una ruptura alcista del precio a través del límite superior del canal al mismo tiempo que cruza un nivel de Fibonacci significativo sugiere no solo una posible continuación de la tendencia alcista sino también un fuerte nivel de soporte establecido. Similarmente, una ruptura bajista del precio a través del límite inferior del canal, coincidiendo con un nivel de Fibonacci, puede señalar una confirmación de cambio de tendencia y un nuevo nivel de resistencia. Este script profundiza aún más en la confluencia de señales, donde la interacción entre Break of Range y los niveles de Fibonacci marcan rupturas alcistas y bajistas respectivamente, y cuando estas señales coinciden con rupturas del de cualquier nivel de Fibonacci, proporcionan una confirmación cruzada que aumenta la confianza en la señal generada. "BoR+Fib🔼" y "BoR+Fib🔽" Además, el script presenta una innovadora implementación de Canal de Regresión Lineal, que utiliza un periodo personalizable y una desviación estándar para trazar las líneas de tendencia superior e inferior. Este enfoque permite a los traders anticipar posibles puntos de reentrada después de una ruptura, con el precio a menudo retestando los bordes del canal, proporcionando así oportunidades de confirmación de entrada baja y alta. Un aspecto técnico diferenciador es la lógica condicional implementada para la confirmación de señales de tendencia alcista y bajista. Por ejemplo, el script calibra señales basadas en la intersección de la acción del precio con los niveles críticos de Fibonacci y los patrones de velas confirmados, mejorando la confiabilidad de las señales en comparación con el uso de estos indicadores de forma aislada. Características Principales: 1. Cálculo dinámico de niveles de Fibonacci. 2. Detección de rupturas internas del rango de precios (Break of Range). 3. Canal de regresión lineal. 4. Detección de patrones de velas (Patrones Engulfing). Cálculo Dinámico de Niveles de Fibonacci y Detección de Rupturas Internas (Break of Range): La fusión de los niveles de Fibonacci con la detección de rupturas internas del rango es crucial porque permite identificar con precisión los puntos de inflexión del mercado. Los niveles de Fibonacci funcionan como filtros iniciales, indicando potenciales zonas de soporte y resistencia. Cuando el precio cruza un nivel clave de Fibonacci, especialmente en conjunto con una ruptura interna del rango, la señal resultante es más robusta y fiable. Esta confluencia incrementa significativamente la probabilidad de que el movimiento del precio sea sostenible Broken: Función: El código identifica las rupturas cuando el precio cruza un nivel de Fibonacci clave (0%, 100%). Una ruptura es significativa si el precio cruza y se mantiene más allá de estos niveles. Interacción: Las rupturas validan los niveles de Fibonacci. Por ejemplo, una ruptura por encima del nivel de Fibonacci del 0% puede confirmar una tendencia alcista. Cambio de Estructura: Función: En el código, el Cambio de Estructura se puede interpretar a través de la detección de patrones de pivote y señales de cambio en la estructura de precios, que identificamos como Break of Range. Interacción: Este componente actúa como una confirmación de las rupturas de rango y los niveles de Fibonacci. Por ejemplo, si una ruptura de rango es seguida por un cambio en la estructura de precios (como la formación de un nuevo máximo más alto), esto refuerza la validez de la señal de ruptura de rango. "BoR+Fib🔽": Indica una ruptura bajista del rango que también ha cruzado un nivel de Fibonacci hacia abajo. Esto puede interpretarse como una señal de venta o una indicación de tendencia bajista. "BoR+Fib🔼": Representa una ruptura alcista del rango que también ha cruzado un nivel de Fibonacci hacia arriba. Puede interpretarse como una señal de compra o una indicación de tendencia alcista. Canal de Regresión Lineal: Función: El Canal de Regresión Lineal se calcula y dibuja utilizando un número definido de barras para establecer la tendencia general del mercado. Los cálculos involucran la suma y el promedio de los precios de cierre y sus productos con el índice de tiempo, para calcular la línea de regresión y su desviación estándar, el script utiliza este canal para contextualizar las señales de Fibonacci y las rupturas de rango, con rupturas que ocurren en la dirección de la tendencia del canal. Interacción: Proporciona contexto a las señales de Fibonacci y rupturas de rango. Por ejemplo, si una ruptura de rango ocurre en la misma dirección que la tendencia indicada por el Canal de Regresión Lineal, esto añade credibilidad a la señal. Beneficio de la Integración:El Canal de Regresión Lineal proporciona un contexto de tendencia general. Cuando una señal de ruptura de rango y un nivel de Fibonacci coinciden dentro de la dirección de la tendencia indicada por el canal, se fortalece la validez de la señal. Convergencia de Señales: Un escenario ideal ocurre cuando todos los elementos convergen. Por ejemplo, un buen punto de entrada podría ser cuando el precio experimenta una ruptura de rango desde un nivel de Fibonacci importante, hay un cambio de estructura en la misma dirección, y todo esto ocurre en línea con la tendencia indicada por el Canal de Regresión Lineal. Visualización de Volatilidad Dinámica: Ajusta el ancho del canal de regresión lineal en función de la volatilidad del mercado. Validación y Confirmación de la Entrada después de la Ruptura del Canal de Regresión: Confirmación de Ruptura: La ruptura del canal de regresión se valida no solo por el cruce del precio, sino también por un aumento en el volumen, lo que sugiere una ruptura significativa en lugar de una fluctuación temporal. Confirmación de Entrada ('Confirmación de Entrada Baja y Alta'): Barras de Confirmación: Se requiere un número específico de barras (entrada configurable) que cierren fuera del canal para confirmar una entrada. Esto reduce el riesgo de señales falsas. Re-Test del Canal: Después de la ruptura, el precio a menudo vuelve a probar el borde del canal. Una entrada se confirma si el precio rebota desde esta área, validando la ruptura inicial. Indicadores Auxiliares: Se utilizan osciladores o indicadores de impulso para confirmar la fuerza de la tendencia después de la ruptura. Detección de Patrones de Velas (Patrones Engulfing): Identificación de Patrones Engulfing: bullishEngulfing se activa en un patrón alcista con una tendencia bajista previa y una vela alcista específica. bearishEngulfing se activa en un patrón bajista con una tendencia alcista previa y una vela bajista específica. Señales Especiales de Tendencia: Las señales alcistas se muestran como círculos azules con "⬆️", mientras que las señales bajistas se muestran como círculos rojos "⬇️". Señales Alcistas: Indican que el precio ha cruzado por encima de ciertos niveles de Fibonacci y la tendencia actual se considera alcista, ya que el precio de cierre más reciente es mayor que el precio de cierre de una barra específica en el pasado. Señales Bajistas: Indican que el precio ha cruzado por debajo de ciertos niveles de Fibonacci y la tendencia actual se considera bajista, ya que el precio de cierre más reciente es menor que el precio de cierre de una barra específica en el pasado. Integración con 3Commas para Automatización: Automatización de Señales: La capacidad de integrar con plataformas como 3Commas permite la ejecución automática de estrategias basadas en las señales del script donde un bot podría ejecutar operaciones basadas en las señales generadas por el gráfico., facilitando un trading más eficiente y reduciendo el tiempo de reacción y como un script automatizado solo necesitamos poner en la alerta del mensaje previamente cargado nuestro short Bot Id o nuestro Long Bot ID.
Penunjuk Pine Script®
oleh PINE_LABS
1
VWAP Xing D, Prv.D, W, Q, M, & Y + SD [UOI]Introducing the "VWAP Xing D, Prv.D, W, Q, M, & Y + SD" Indicator: A Comprehensive, Multi-Timeframe Trading Tool for the Modern Trader In today's dynamic and fast-paced financial markets, traders require versatile and powerful tools that can help them navigate the complex world of trading. The "VWAP Xing D, Prv.D, W, Q, M, & Y + SD" indicator is designed to be the ultimate, all-in-one solution for traders seeking a comprehensive and robust trading indicator. This cutting-edge tool combines the power of an extensive VWAP library with the versatility of Bollinger Bands, Donchian Channels, standard deviation multi-timeframe analysis, and an auto boxed range identifier, all to provide traders with the crucial insights needed to identify reversals, breakdowns, and breakups. Offering the magnetic daily, previous day, weekly, monthly, quarterly, and even yearly VWAP levels, this comprehensive library caters to traders with varying time horizons and strategies. Coupled with the precision of Bollinger Bands and Donchian Channels, the indicator allows for accurate tracking of price volatility, enabling traders to make more informed decisions in response to changing market conditions. The integration of multi-timeframe standard deviation analysis further bolsters the indicator's ability to identify potential trading opportunities, ensuring that users can stay ahead of the curve. Finally, the auto boxed range identifier serves as the cherry on top, automatically detecting critical price levels where reversals, breakdowns, and breakups are most likely to occur. This powerful feature not only helps traders confirm potential entry and exit points but also allows for more effective risk management. Overall, the "VWAP Xing D, Prv.D, W, Q, M, & Y + SD" indicator is a comprehensive, multi-timeframe trading tool that empowers traders with unparalleled insights, precision, and adaptability. Whether you're a seasoned professional or a novice trader, this powerful indicator is a must-have tool for anyone looking to excel in today's competitive financial markets. Multi-timeframe Volume Weighted Average First let's define Volume Weighted Average Price (VWAP): Volume Weighted Average Price (VWAP) is a widely-used technical analysis indicator that calculates the average price of a security, taking into account both price and trading volume. In essence, it represents the average price at which a security has been traded throughout a specified time period, giving more weight to transactions with higher volume. The VWAP is often used by traders and investors to assess the market's trend and gauge the relative value of a security. It serves as a benchmark for institutional investors, who often use it to evaluate their trading performance and determine whether they are buying or selling at favorable prices. The formula for calculating VWAP is: VWAP = (Sum of (Price * Volume)) / Total Volume By incorporating volume into the calculation, the VWAP provides a more accurate representation of a security's true average price, as it takes into consideration the impact of larger trades on the price. This makes it a valuable tool for traders seeking to make more informed decisions in the market and avoid getting caught in unfavorable trading positions. VWAP is a crucial indicator that provides insights into the average price at which a financial asset, such as a stock or cryptocurrency, has been traded throughout a specific period. It takes into consideration the volume of trades executed at each price level during that period. The VWAP lines included in the " VWAP Xing D, Prv. D, W, Q, M, & Y" indicator offer various timeframe perspectives, allowing traders to analyze different levels of market trends and behaviors. Here's a detailed explanation of the VWAP lines and their significance: 1. Daily VWAP (D): The daily VWAP line represents the average price at which the asset has been traded throughout the current trading day. It resets at the beginning of each trading session. Traders often use the daily VWAP as a reference point to gauge the fairness of their trade executions relative to the prevailing market prices. Price deviations from the daily VWAP can indicate shifts in market sentiment and potential trading opportunities. 2. Previous Day VWAP (Prv.D): The previous day VWAP line reflects the average price at which the asset was traded during the preceding trading day. It helps traders assess the continuity or deviation of the current day's price action relative to the previous day's trading activity. Traders often observe the previous day VWAP for insights into potential support or resistance levels and to identify whether the current day's price is trading above or below the previous day's average price. 3. Weekly VWAP (W): The weekly VWAP line calculates the average price of the asset over the entire week, taking into account the volume traded at each price level. Traders use the weekly VWAP to gain a broader perspective on the asset's price movement and potential trend directions. It can act as a significant support or resistance level, especially when the price interacts with the weekly VWAP. 4. Monthly VWAP (M): The monthly VWAP line provides a longer-term perspective by averaging the asset's price and volume data over the entire month. It helps traders identify key price levels that are significant within the monthly timeframe. Traders often observe the monthly VWAP to assess the overall trend and to determine whether the current price is trading above or below the monthly average. 5. Quarterly VWAP (Q): The quarterly VWAP line calculates the average price and volume data over a three-month period, representing a longer-term view of market activity. Traders use the quarterly VWAP to identify significant price levels and to analyze the broader trend within the quarterly timeframe. Deviations from the quarterly VWAP can indicate potential shifts in market sentiment and trading opportunities. 6. Yearly VWAP (Y): The yearly VWAP line represents the average price and volume data over the course of a year. It offers a comprehensive long-term perspective on the asset's price behavior and trend. Traders often consider the yearly VWAP as a key reference point for assessing the asset's overall performance and identifying major support or resistance levels. By observing the VWAP lines, traders can gain insights into the prevailing market sentiment, potential support or resistance levels, and deviations from average prices. These deviations can be useful for identifying potential trading opportunities, such as when the price significantly deviates from the VWAP lines, suggesting potential overbought or oversold conditions. Additionally, VWAP can serve as a benchmark for evaluating trade executions and assessing the fair value of an asset. It's important to note that while VWAP is a valuable tool, it should be used in conjunction with other technical analysis indicators and strategies to make informed trading decisions. Traders should consider factors like market context, trend analysis, and risk management principles to validate signals and confirm potential trading opportunities. Bollinger Bands and Donchian Channels In addition to VWAP this indicator also has combined the power of Bollinger Bands and Donchian Channels to produce a solid framework. The time frame by default is set to 30 min which is good for intraday trading but you can also change that in the setting to always use chart time frame intervals which works better on longer time frames. IMPORTANT: You can change the time frame to always use chart or keep the default on 30 min or change it to another timeframe manually. If you allow the chart to always provide the intervals then the default 30 min will be ineffective and it automatically adjust to chart timeframe. Personally I think a fixed timeframe work better so keep in that way if you trade on 30 min or lower time frame. Bollinger Bands and Donchian Channels are two popular technical analysis tools that provide valuable insights into price volatility, potential breakout levels, and support/resistance areas. When used in combination, they offer a comprehensive framework for analyzing market conditions and identifying trading opportunities. Bollinger Bands: Bollinger Bands consist of two lines plotted above and below a moving average, typically a simple moving average (SMA). The upper band is calculated by adding the standard deviation of price multiplied by a customizable standard deviation factor to the SMA. The lower band is calculated by subtracting the standard deviation multiplied by the same factor from the SMA. The key features of Bollinger Bands are as follows: 1. Volatility Measurement: Bollinger Bands expand and contract based on market volatility. When the bands widen, it indicates higher volatility, and when they narrow, it suggests lower volatility. Traders can observe the width of the bands to gauge the potential for price movements and volatility expansions. 2. Overbought/Oversold Levels: Bollinger Bands can help identify overbought and oversold conditions in the market. When the price reaches or exceeds the upper band, it may indicate that the asset is overbought and due for a potential reversal or pullback. Conversely, when the price reaches or falls below the lower band, it may suggest oversold conditions and a possible bounce or reversal. Donchian Channels: Donchian Channels consist of two lines representing the highest high and lowest low within a specified period. The key characteristics of Donchian Channels are as follows: 1. Breakout Levels: The upper line of the Donchian Channel represents the highest high within the specified period, while the lower line represents the lowest low. Traders often use Donchian Channels to identify potential breakout levels. When the price breaks above the upper channel line, it may indicate a bullish breakout and the potential for further upward momentum. Conversely, a break below the lower channel line suggests a bearish breakout and the possibility of downward momentum. 2. Support/Resistance Areas: Donchian Channels also act as dynamic support and resistance levels. The upper channel line can act as a resistance level where the price may encounter selling pressure. The lower channel line can act as a support level where the price may find buying interest. Traders can monitor price interactions with these levels to make informed trading decisions. Advantages of Using Bollinger Bands and Donchian Channels Together: By combining Bollinger Bands and Donchian Channels, traders can gain a more comprehensive view of market conditions and potential trading opportunities. Here are some advantages of using them together: 1. Volatility Confirmation: Bollinger Bands help identify periods of high or low volatility, while Donchian Channels confirm breakouts and potential trend changes. When the bands widen and a breakout occurs above or below the Donchian Channels, it can provide confirmation of increased volatility and the start of a new trend. 2. Price Extremes and Breakouts: Bollinger Bands assist in identifying overbought and oversold conditions, while Donchian Channels help pinpoint breakout levels. When price reaches an extreme level according to Bollinger Bands and coincides with a breakout from the Donchian Channels, it can signal a significant trading opportunity. 3. Support/Resistance Validation: Donchian Channels act as dynamic support and resistance levels, and Bollinger Bands can validate these levels. When price bounces off the upper or lower Bollinger Band near a Donchian Channel level, it provides additional confirmation of the support or resistance area. 4. Risk Management: The combination of Bollinger Bands and Donchian Channels enables traders to set more precise stop-loss levels and define risk. They can place stop-loss orders beyond the support or resistance levels identified. Standard Deviation Standard deviation bands by default are disabled but you can easily enable them in the setting. The 1 standard deviation bands are made invisible by default to avoid a crowded space. You can reduce the transparency to view them. In intraday trading, the Daily VWAP (Volume Weighted Average Price) with 3 standard deviations is a powerful tool that helps traders gauge price movements and potential trading opportunities. Here's how it works and why it is useful: 1. Calculation of Daily VWAP: The Daily VWAP is the average price at which a security has traded throughout the trading day, weighted by the volume of each trade. It provides a measure of the average price that traders have paid for the asset during the day. 2. Standard Deviation: Standard deviation is a statistical measure that quantifies the dispersion or variability of prices around the Daily VWAP. It gives an indication of how much prices deviate from the average. A higher standard deviation suggests greater price volatility. 3. Three Standard Deviations: By adding and subtracting three times the standard deviation from the Daily VWAP, you create bands that represent the potential price range within which the majority of intraday trading activity is expected to occur. These bands act as potential support and resistance levels and help traders identify price extremes. 4. Price Reversals: When the intraday price extends beyond the upper or lower band (three standard deviations), it suggests an overextended move or potential price reversal. Traders interpret this as an opportunity to enter or exit trades. If the price moves beyond the upper band, it may indicate overbought conditions and a possible reversal to the downside. Conversely, if the price moves below the lower band, it may signal oversold conditions and a potential reversal to the upside. 5. Volatility and Breakouts: Intraday traders often look for volatility and breakout opportunities. The three standard deviation bands on the Daily VWAP provide valuable information about price volatility. When the price breaks out of the bands, it suggests a significant increase in volatility and potential opportunities for intraday traders to take advantage of strong momentum moves. 6. Risk Management: The three standard deviation bands help traders define their risk and set stop-loss orders. By placing stop-loss orders outside the bands, traders can protect their positions in case the price moves beyond the expected range. This risk management technique allows traders to limit their potential losses and preserve capital. 7. Confirmation with Other Indicators: Intraday traders often use the three standard deviation bands on the Daily VWAP in conjunction with other technical indicators or chart patterns to strengthen their trading decisions. The bands can validate other signals or provide additional confirmation before entering or exiting a trade. Overall, the Daily VWAP with three standard deviations is a valuable tool for intraday traders as it helps identify price extremes, potential reversals, volatility, and breakout opportunities. By incorporating this indicator into their trading strategies, traders can make more informed decisions and enhance their intraday trading performance. Auto Boxed Range Detector The true innovation in the "VWAP Xing D, Prv.D, W, Q, M, & Y + SD" indicator lies in the integration of the sophisticated 'Auto Boxed Range Detector.' This feature serves as the cornerstone of the tool's enhanced functionality, shedding light on critical price ranges to give traders a distinct advantage when identifying potential breakouts or breakdowns. Meticulously designed with the needs of traders in mind, the Auto Boxed Range Detector automates the process of pinpointing trading ranges, resulting in increased precision and swiftness in your decision-making. By automating this crucial aspect of technical analysis, traders can now focus on other essential factors, ultimately maximizing their trading efficiency. Furthermore, the Auto Boxed Range Detector helps traders avoid falling prey to false breakouts. By identifying the top of the boxed range in relation to resistance levels, users can more accurately predict the likelihood of a breakout. For instance, if the top of the boxed range is situated near a resistance line, the chances of a breakout are diminished unless the market is experiencing a trend day. In essence, the Auto Boxed Range Detector not only streamlines the identification of trading ranges but also provides invaluable insights into the validity of potential breakouts or breakdowns. This innovative feature makes the "VWAP Xing D, Prv.D, W, Q, M, & Y + SD" indicator an indispensable tool for traders seeking to capitalize on opportunities while minimizing risk in today's fast-paced financial markets. Once you get used to this tool it will be an integral part of your trading.
Penunjuk Pine Script®
oleh uoi2020
151
Darvas Box – VsMarketTrend-V1.0Darvas Box is an advanced consolidation & breakout detection tool inspired by Nicolas Darvas’ famous trading principles. This script helps you automatically detect consolidation zones (Darvas Boxes) on the chart and highlights breakout points with clear visual boxes. It is designed for swing traders and breakout traders who want to identify price compression zones where strong moves are likely to happen. 🔍 How It Works The indicator looks back a consolidation window (number of bars). If price stays within a tight range (max % width) and meets the closing conditions, a Darvas Box is drawn. Boxes extend to the right until price breaks above or below the range. Breakouts are color-coded: ✅ Green border → breakout UP ❌ Red border → breakout DOWN Neutral boxes remain gray until breakout. Alerts can be enabled to notify on breakouts. ⚙️ Inputs Explained Consolidation window (bars): Number of bars to check for consolidation. Minimum bars required: Ensures the box has at least this many bars inside. Max consolidation width (%): Rejects wide ranges (only considers tight consolidations). Confirm bars: Waits this many bars before finalizing a box (cancels if price makes a higher high). Min closes inside inner range: How many candle closes must lie inside the inner band (center zone of the range). Inner band width (%): The % of the consolidation range considered as the “inner zone.” Lower = stricter. Strict bar check?: If enabled, all opens & closes must lie inside the consolidation range. Extend box right (bars): Extends the box into future candles for better visualization. Box fill transparency: Control visibility of box shading. Border width: Thickness of box borders. Neutral / Breakout colors: Colors for neutral, up-breakout, and down-breakout borders. Show Top/Bottom labels: Display price levels at the box top and bottom. Alert on breakout: Trigger alerts when price breaks out of a box. Min % separation: Prevents back-to-back boxes if the new range is too close to the last one. 🎯 Use Cases Swing Trading: Identify tight ranges before major breakouts. Breakout Trading: Wait for confirmation of break above/below the box. Backtesting: Analyze how past consolidations led to strong moves. ⚠️ Notes & Best Practices Works best on higher timeframes (1H, 4H, Daily) to filter noise. Use along with volume, RSI, or institutional flow tools for confluence. This indicator is not a buy/sell signal. It highlights potential breakouts — traders should confirm with their strategy. For cleaner boxes: Use consolidation window 8–15 bars. Keep max consolidation width 8–12%. Use inner band % ~50%. Min closes inside = 3–7. 📢 Alerts Enable “Alert on breakout” to get notified instantly when a Darvas Box breaks up or down.
Penunjuk Pine Script®
oleh LoveTheProcess