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SuperTrader Trend Analysis and Trade Study DashboardSuperTrader Trend Analysis and Trade Study Dashboard Overview This script offers a multi-faceted look at market behavior. It combines signals from different momentum indicators, daily cross checks, and a specialized dashboard to reveal trend strength, potential divergences, and how far price has traveled from its recent averages. Three Musketeers Method This script uses a special set of three indicators (the “Three Musketeers”) to determine bullish or bearish pressure on the current chart. Trend Condition – Compares fast vs. slow EMAs (50 and 200) and checks which side of the line price is favoring. Mean Reversion Condition – Watches RSI crossing typical oversold or overbought thresholds (e.g., crossing above 30 or below 70). Bollinger Condition – Checks whether price pushes above/below the Bollinger Bands (based on a 20 SMA + standard deviations). When at least two out of these three conditions align in a bullish way, the script issues a Buy Signal . Conversely, if at least two align in a bearish way, a Sell Signal is triggered. This “Three Musketeers” synergy ensures multiple confirmations before calling a potential market turn. Mag 8 Daily Performance The script tracks eight highly influential stocks (AAPL, AMZN, GOOG, NFLX, NVDA, TSLA, META, MSFT) to see which are green (higher) or red (lower) compared to yesterday’s close. It then prints a quick tally – helpful in gauging overall market mood via these major players. Golden / Death Cross Signals On a daily time frame, the script notes when the 50-day SMA crosses above or below the 200-day SMA. A “Golden Cross” often signals rising momentum, while a “Death Cross” can hint at oncoming weakness. RSI & Divergence Checks RSI helps identify hidden turning points. Whenever a bullish or bearish divergence is spotted, the script updates you via a concise readout. Hardcoded Settings EMA lengths for trend checks, Bollinger parameters, etc., are locked in, letting you focus on adjusting only the pivotal study inputs (e.g., RSI length, VIDYA momentum). VIDYA Trend Line & Fill Built on an adaptive Variable Index Dynamic Average, it plots a line that quickly reacts to changing momentum. Users can set a “Trend Band Distance” to mark ATR-based thresholds around that line, identifying possible breakouts or breakdowns. YoYo Distance This concept measures how far price strays from SMA(10). If it’s too far, the script colors your display to indicate potential snapbacks. Gap Up/Down Probability By weighing volume, MACD signals, and whether price sits above/below its midrange, the script estimates probabilities of a gap up or down on the next daily candle. Table Output & Trend Label Turning on Show Table Widget reveals a quick dashboard on the chart detailing RSI, CCI, divergences, bull/bear scores, and more. A label on the last bar further summarizes overall trend, gap distance, and the Mag 8 snapshot – perfect for a fast read of current market posture. Use this script to unify multiple signals in one place, see how far price has ventured from typical patterns, and get daily cross signals plus real-time bullish/bearish calls – all at a glance.
Penunjuk Pine Script®
oleh Midgar-
6
DOPT--- ## 🔍 **DOPT - Daily Open & Price Time Markers** This script is designed to support directional bias development and price behavior analysis around key time-based reference points on the **1H and 4H timeframes**. ### ✨ **What It Does** - **1800 Open Marker** (6 PM NY time): Plots the **daily open** from 1800 in **black dotted lines**. - **0000 Open Marker** (Midnight NY time): Plots the **midnight open** in **blue dotted lines**. - **Day Letters**: Each 1800 open is labeled with the corresponding **day of the week** (e.g., M, T, W...), helping visually segment your chart. - **Hour Labels**: Select specific candles (e.g., 0000 = '0', 0800 = '8') to be labeled above the bar. These are fully customizable. - **Candle Midpoints**: Option to mark the **50% level** of a specific candle (good for CE or CRT references). - **CRT High/Low Tracking**: Ability to plot **extended high and low lines** from a selected candle back (e.g., for CRT modeling). - **4H Timeframe Candle Numbering**: Helpful when analyzing sequences on the 4-hour timeframe. Candles are numbered `1`, `5`, and `9` for reference. --- ### 🧠 **How I Use It** - I mostly use this on the **1-hour timeframe** to decide **directional bias** for the day: - If price **closes above 1800 open**, I consider that a **green daily close** — potential bullish sentiment. - If price **closes below**, I treat it as a **red daily close** — potential bearish behavior. - Price often uses these opens as **support/resistance**, so I watch for reactions there. - On the **4H**, the candle numbers help track structure and flow. - Combine with CRT tools to mark **key candle highs/lows** and their **equilibrium (50%)** — great for refining entries or understanding how price is respecting a particular candle. --- ### ⚠️ **Note on Daylight Savings** This is a **daylight saving time-dependent script**. When DST kicks in or out, you’ll need to **adjust the time inputs** accordingly to keep the opens accurate (e.g., 1800 might shift to 1700 depending on the season). --- ### 🔁 **Backtesting & Reference** - The **1800 and 0000 opens** are plotted for **as far back** as your chart loads, making it great for backtesting historical reactions. - The CRT marking tools only go back **50 candles max**, so use that for recent structure only. ---
Penunjuk Pine Script®
oleh OmegaValorSage
SemaforThis is the 4 Level Semafor indicator with Daily Open Line and Average Session Range. Also on the chart is the EMA Ribbon indicator. Credit to: Devlucem for the Semafor indicator Quantvue for the Average Session Range Shusterivi for the Daily Open Line MYNAMEISBRANDON for the EMA Ribbon The Semafors are based on the ZigZag indicator and show higher highs/lower lows of a specified period, determined by the user and applied in settings. The default periods I use are: 10 period (hidden on this chart) 50 period-blue dots 250 period-white dots 615 period-black dots Just as the ZigZag indicator will recalculate so to will the semafors, as additional candles are built. The semafor indicator is never to be used as a stand alone signal. It must be combined with other indicators to be used effectively. What we look for are the semafor patterns of a large white dot followed by a 1st blue dot opposite of the white. Then a 2nd blue dot in agreement with the white dot. In theory, the 2nd blue dot is seen as confirmation of the establishment of the white semafor.. When combined with Daily Open Line, ADR (Average Sessions Range), EMA cross and VWAP anchored to your 250 semafors, your odds are greatly increased. Add to that the knowledge of basic market structure and the wisdom that comes from patience and you have a very powerful weapon. The Daily Open...I trade the M1 chart and also draw a H4 Open Line on my chart for the smaller time frames. Price will tend to trade away from the Daily Open Line. In many cases until it reaches certain levels...Fib, Gann, ADR, etc., then runs through a pullback cycle. I like the ADR levels. The ADR can give clues when entering a consolidation phase, ie trading between the buy side and sell side 15% levels. Trading away from the Daily Open(or H4 open) along with breaking the 15% level, while in agreement with a semafor pattern is a good sign. Add to that confluence the agreement of your MA cross and the 250 semafor Anchored VWAP and you have a solid signal to help determine your actions. This trend following layout will work on any time frame. I just really like the M1 for its precision, not for crazy back and forth all day. With the exception of some strong pull back signals, I don't enter any more trades on the M1 than on M5, 15 or 30. This is based on and follows the teachings of Xard and his trading strategy. Just as I don't want to take anyone's credit for these indicators, I won't take credit for what I have been taught either. The trader can obviously use their favorite MA cross indicator. But this one is visually beautiful AND displays the current time frame and 1 time frame higher on the chart...awesome! Of note, I do run into trouble at times with the 615 period semafor. I have been told it is because TradingView has trouble with extended period indicators. As a matter of fact, I would like a much higher period for my biggest semafor. I would like it set at 1250, but that seems to be a no starter. If anyone has a solution, that would be welcomed news.
Penunjuk Pine Script®
oleh IMDave
6
MTF Fibonacci Pivots with Mandelbrot FractalsMTF Fibonacci Pivots with Mandelbrot Fractals: Advanced Market Structure Analysis Overview The MTF Fibonacci Pivots with Mandelbrot Fractals indicator represents a significant advancement in technical analysis by combining multi-timeframe Fibonacci pivot levels with sophisticated fractal pattern recognition. This powerful tool identifies key support and resistance zones while predicting potential price reversals with remarkable accuracy. Key Capabilities This indicator provides traders with three distinct layers of market structure analysis: Automatic Timeframe Adaptation: The primary pivot set automatically adjusts to your chart's timeframe, ensuring relevant support and resistance levels for your specific trading horizon. 1-Year Fibonacci Pivots: The second layer displays yearly pivots that reveal long-term market cycles and institutional price levels that often act as significant reversal points. 3-Year Fibonacci Pivots: The third layer unveils major market structure zones that typically remain relevant for extended periods, offering strategic context for position trading and long-term investment decisions. Predictive Technology What truly distinguishes this indicator is its advanced predictive capability powered by: Mandelbrot Fractal Pattern Recognition: The indicator implements a sophisticated fractal detection algorithm that identifies recurring price patterns across multiple timeframes. Unlike conventional fractal indicators, it incorporates noise filtering and adaptive sensitivity to market volatility. Tesla's 3-6-9 Principle Integration: The system incorporates Nikola Tesla's mathematical principle through a cubic Mandelbrot equation (Z_{n+1} = Z_n^3 + C where Z_0 = 0), creating a unique approach to pattern recognition that aligns with natural market rhythms. Historical Pattern Matching: When a current price pattern exhibits strong similarity to historical formations, the indicator generates predictive targets with confidence ratings. Each prediction undergoes rigorous validation against multiple parameters including trend alignment, volatility context, and mathematical coherence. Visual Intelligence System The indicator's visual presentation enhances trading decision-making through: Confidence-Based Visualization: Predictions display with intuitive star ratings, percentage confidence scores, and contextual information including price movement magnitude and estimated time to target. Adaptive Color Harmonization: The color system intelligently adjusts to provide optimal visibility while maintaining a professional appearance suitable for any chart setup. Trend Alignment Indicators: Each prediction includes references to the broader trend context, helping traders avoid counter-trend trades unless the reversal signal carries exceptional strength. Strategic Applications This indicator excels in multiple trading scenarios: Intraday Trading: Identify high-probability reversal zones with precise timing Swing Trading: Anticipate significant market turns at key structural levels Position Trading: Recognize major cycle shifts for strategic entry and exit The automatic 1-year and 3-year Fibonacci pivots provide institutional-grade reference points that typically define major market movements. These longer timeframes reveal critical zones that might be invisible on shorter-term analysis, giving you a significant edge in understanding where price is likely to encounter substantial buying or selling pressure. This innovative approach to market analysis combines classical Fibonacci mathematics with cutting-edge fractal theory to create a comprehensive market structure visualization system that illuminates both present support/resistance levels and future price targets with exceptional clarity. Setting Up MTF Fibonacci Pivots with Mandelbrot Fractals Initial Setup Adding this indicator to your TradingView charts is straightforward: Navigate to the "Indicators" button on your chart toolbar Search for "MTF Fibonacci Pivots with Mandelbrot Fractals" Select the indicator to add it to your chart A configuration panel will appear with various setting categories Recommended Settings The indicator comes pre-configured with optimal default settings, but you may want to adjust them based on your trading style: For Day Trading (Timeframes 1-minute to 1-hour) Pivots Timeframe 1: Auto (automatically adapts to your chart) Pivots Timeframe 2: Daily Pivots Timeframe 3: Weekly Fractal Sensitivity: 2-3 Fractal Lookback Period: 20 Prediction Strength: 2 Color Theme: High Contrast or Dark Mode For Swing Trading (Timeframes 4-hour to Daily) Pivots Timeframe 1: Daily Pivots Timeframe 2: Weekly Pivots Timeframe 3: Monthly Fractal Sensitivity: 1-2 Fractal Lookback Period: 30 Prediction Strength: 2-3 Color Theme: Default or Dimmed For Position Trading (Timeframes Daily to Weekly) Pivots Timeframe 1: Weekly Pivots Timeframe 2: Monthly Pivots Timeframe 3: Quarterly Fractal Sensitivity: 1 Fractal Lookback Period: 50 Prediction Strength: 1 Color Theme: Monochrome or Pastel Restoring Default Settings If you've adjusted settings and wish to return to the defaults: Right-click on the indicator name on your chart Select "Settings" from the context menu In the settings dialog, look for the "Reset All" button at the bottom Confirm the reset when prompted Alternatively, you can remove the indicator and add it again for a fresh start with default settings. Advanced Settings Guidance Visual Appearance Use Gradient Colors: Enable for better visual differentiation between pivot levels Color Transparency: 15% provides an optimal balance between visibility and chart clutter Line Width: 1-2 for cleaner charts, 3+ for enhanced visibility Fractal Analysis Enable Fractal Analysis: Keep enabled for prediction capabilities Fractal Box Spacing: Higher values (5-10) for cleaner displays, lower values (1-3) for more signals Maximum Forecast Bars: 20 is optimal for most timeframes, adjust higher for longer predictions Performance Considerations Enable Self-Optimization: Keep enabled to maintain smooth chart performance Resource Priority: Use "Balanced" for most computers, "Performance" for older systems Force Pivot Display: Enable only when checking specific historical periods Common Setup Mistakes to Avoid Setting all timeframes too close together (e.g., Daily, Daily, Weekly) reduces the multi-timeframe advantage Using high fractal sensitivity (4+) on noisy markets creates excessive signals Setting fractal box spacing too low causes cluttered prediction boxes Disabling self-optimization may cause performance issues on complex charts Using incompatible color themes for your chart background reduces visibility The indicator's power comes from its default 1-year and 3-year Fibonacci pivot settings, which highlight institutional levels while the auto-timeframe setting adapts to your trading horizon. These carefully balanced defaults provide an excellent starting point for most traders. For optimal results, I recommend making minimal adjustments at first, then gradually customizing settings as you become familiar with the indicator's behavior in your specific markets and timeframes. Screenshots:
Penunjuk Pine Script®
oleh MaximusGains
Adaptive Regression Channel [MissouriTim]The Adaptive Regression Channel (ARC) is a technical indicator designed to empower traders with a clear, adaptable, and precise view of market trends and price boundaries. By blending advanced statistical techniques with real-time market data, ARC delivers a comprehensive tool that dynamically adjusts to price action, volatility, volume, and momentum. Whether you’re navigating the fast-paced world of cryptocurrencies, the steady trends of stocks, or the intricate movements of FOREX pairs, ARC provides a robust framework for identifying opportunities and managing risk. Core Components 1. Color-Coded Regression Line ARC’s centerpiece is a linear regression line derived from a Weighted Moving Average (WMA) of closing prices. This line adapts its calculation period based on market volatility (via ATR) and is capped between a minimum of 20 bars and a maximum of 1.5 times the user-defined base length (default 100). Visually, it shifts colors to reflect trend direction: green for an upward slope (bullish) and red for a downward slope (bearish), offering an instant snapshot of market sentiment. 2. Dynamic Residual Channels Surrounding the regression line are upper (red) and lower (green) channels, calculated using the standard deviation of residuals—the difference between actual closing prices and the regression line. This approach ensures the channels precisely track how closely prices follow the trend, rather than relying solely on overall price volatility. The channel width is dynamically adjusted by a multiplier that factors in: Volatility: Measured through the Average True Range (ATR), widening channels during turbulent markets. Trend Strength: Based on the regression slope, expanding channels in strong trends and contracting them in consolidation phases. 3. Volume-Weighted Moving Average (VWMA) Plotted in orange, the VWMA overlays a volume-weighted price trend, emphasizing movements backed by significant trading activity. This complements the regression line, providing additional confirmation of trend validity and potential breakout strength. 4. Scaled RSI Overlay ARC features a Relative Strength Index (RSI) overlay, plotted in purple and scaled to hover closely around the regression line. This compact display reflects momentum shifts within the trend’s context, keeping RSI visible on the price chart without excessive swings. User-defined overbought (default 70) and oversold (default 30) levels offer reference points for momentum analysis." Technical Highlights ARC leverages a volatility-adjusted lookback period, residual-based channel construction, and multi-indicator integration to achieve high accuracy. Its parameters—such as base length, channel width, ATR period, and RSI length—are fully customizable, allowing traders to tailor it to their specific needs. Why Choose ARC? ARC stands out for its adaptability and precision. The residual-based channels offer tighter, more relevant support and resistance levels compared to standard volatility measures, while the dynamic adjustments ensure it performs well in both trending and ranging markets. The inclusion of VWMA and scaled RSI adds depth, merging trend, volume, and momentum into a single, cohesive overlay. For traders seeking a versatile, all-in-one indicator, ARC delivers actionable insights with minimal noise. Best Ways to Use the Adaptive Regression Channel (ARC) The Adaptive Regression Channel (ARC) is a flexible tool that supports a variety of trading strategies, from trend-following to breakout detection. Below are the most effective ways to use ARC, along with practical tips for maximizing its potential. Adjustments to its settings may be necessary depending on the timeframe (e.g., intraday vs. daily) and the asset being traded (e.g., stocks, FOREX, cryptocurrencies), as each market exhibits unique volatility and behavior. 1. Trend Following • How to Use: Rely on the regression line’s color to guide your trades. A green line (upward slope) signals a bullish trend—consider entering or holding long positions. A red line (downward slope) indicates a bearish trend—look to short or exit longs. • Best Practice: Confirm the trend with the VWMA (orange line). Price above the VWMA in a green uptrend strengthens the bullish case; price below in a red downtrend reinforces bearish momentum. • Adjustment: For short timeframes like 15-minute crypto charts, lower the Base Regression Length (e.g., to 50) for quicker trend detection. For weekly stock charts, increase it (e.g., to 200) to capture broader movements. 2. Channel-Based Trades • How to Use: Use the upper channel (red) as resistance and the lower channel (green) as support. Buy when the price bounces off the lower channel in an uptrend, and sell or short when it rejects the upper channel in a downtrend. • Best Practice: Check the scaled RSI (purple line) for momentum cues. A low RSI (e.g., near 30) at the lower channel suggests a stronger buy signal; a high RSI (e.g., near 70) at the upper channel supports a sell. • Adjustment: In volatile crypto markets, widen the Base Channel Width Coefficient (e.g., to 2.5) to reduce false signals. For stable FOREX pairs (e.g., EUR/USD), a narrower width (e.g., 1.5) may work better. 3. Breakout Detection • How to Use: Watch for price breaking above the upper channel (bullish breakout) or below the lower channel (bearish breakout). These moves often signal strong momentum shifts. • Best Practice: Validate breakouts with VWMA position—price above VWMA for bullish breaks, below for bearish—and ensure the regression line’s slope aligns (green for up, red for down). • Adjustment: For fast-moving assets like crypto on 1-hour charts, shorten ATR Length (e.g., to 7) to make channels more reactive. For stocks on daily charts, keep it at 14 or higher for reliability. 4. Momentum Analysis • How to Use: The scaled RSI overlay shows momentum relative to the regression line. Rising RSI in a green uptrend confirms bullish strength; falling RSI in a red downtrend supports bearish pressure. • Best Practice: Look for RSI divergences—e.g., price hitting new highs at the upper channel while RSI flattens or drops could signal an impending reversal. • Adjustment: Reduce RSI Length (e.g., to 7) for intraday trading in FOREX or crypto to catch short-term momentum shifts. Increase it (e.g., to 21) for longer-term stock trades. 5. Range Trading • How to Use: When the regression line’s slope is near zero (flat) and channels are tight, ARC indicates a ranging market. Buy near the lower channel and sell near the upper channel, targeting the regression line as the mean price. • Best Practice: Ensure VWMA hovers close to the regression line to confirm the range-bound state. • Adjustment: For low-volatility stocks on daily charts, use a moderate Base Regression Length (e.g., 100) and tight Base Channel Width (e.g., 1.5). For choppy crypto markets, test shorter settings. Optimization Strategies • Timeframe Customization: Adjust ARC’s parameters to match your trading horizon. Short timeframes (e.g., 1-minute to 1-hour) benefit from lower Base Regression Length (20–50) and ATR Length (7–10) for agility, while longer timeframes (e.g., daily, weekly) favor higher values (100–200 and 14–21) for stability. • Asset-Specific Tuning: ○ Stocks: Use longer lengths (e.g., 100–200) and moderate widths (e.g., 1.8) for stable equities; tweak ATR Length based on sector volatility (shorter for tech, longer for utilities). ○ FOREX: Set Base Regression Length to 50–100 and Base Channel Width to 1.5–2.0 for smoother trends; adjust RSI Length (e.g., 10–14) based on pair volatility. ○ Crypto: Opt for shorter lengths (e.g., 20–50) and wider widths (e.g., 2.0–3.0) to handle rapid price swings; use a shorter ATR Length (e.g., 7) for quick adaptation. • Backtesting: Test ARC on historical data for your asset and timeframe to optimize settings. Evaluate how often price respects channels and whether breakouts yield profitable trades. • Enhancements: Pair ARC with volume surges, key support/resistance levels, or candlestick patterns (e.g., doji at channel edges) for higher-probability setups. Practical Considerations ARC’s adaptability makes it suitable for diverse markets, but its performance hinges on proper calibration. Cryptocurrencies, with their high volatility, may require shorter, wider settings to capture rapid moves, while stocks on longer timeframes benefit from broader, smoother configurations. FOREX pairs often fall in between, depending on their inherent volatility. Experiment with the adjustable parameters to align ARC with your trading style and market conditions, ensuring it delivers the precision and reliability you need.
Penunjuk Pine Script®
oleh MissouriTim
Trend Detection #### *Description:* This *Trend Detection* indicator is designed to help traders identify and confirm trends in the market using a combination of moving averages, volume analysis, and MACD filters. It provides clear visual signals for uptrends and downtrends, along with customizable settings to adapt to different trading styles and timeframes. The indicator is suitable for both beginners and advanced traders who want to improve their trend-following strategies. --- #### *Key Features:* 1. *Trend Detection:* - Uses *Moving Averages (MA)* to determine the overall trend direction. - Supports multiple MA types: *SMA (Simple), **EMA (Exponential), **WMA (Weighted), and **HMA (Hull)*. 2. *Advanced Filters:* - *MACD Filter:* Confirms trends using MACD crossovers. - *Volume Filter:* Ensures trends are supported by above-average volume. - *Multi-Timeframe Filter:* Validates trends using a higher timeframe (e.g., Daily or Weekly). 3. *Visual Signals:* - Plots a *trend line* on the chart to indicate the current trend direction. - Fills the background with *green* for uptrends and *red* for downtrends. 4. *Customizable Settings:* - Adjust the *MA lengths, **MACD parameters, and **confirmation thresholds* to suit your trading strategy. - Control the transparency of the background fill for better chart readability. 5. *Alerts:* - Generates *buy/sell signals* when a trend is confirmed. - Alerts can be set to trigger at the close of a candle for precise entry/exit points. --- #### *How to Use:* 1. *Adding the Indicator:* - Copy and paste the Pine Script code into the TradingView Pine Script editor. - Add the indicator to your chart. 2. *Configuring the Settings:* - *Trend Settings:* - Choose the *MA type* (e.g., EMA for faster response, HMA for smoother trends). - Set the *Trend MA Period* (e.g., 200 for long-term trends) and *Filter MA Period* (e.g., 100 for medium-term trends). - *Advanced Filters:* - Enable/disable the *MACD Filter* and adjust its parameters (Fast, Slow, Signal). - Enable/disable the *Volume Filter* to ensure trends are supported by volume. - *Multi-Timeframe Filter:* - Enable this filter to validate trends using a higher timeframe (e.g., Daily or Weekly). 3. *Interpreting the Signals:* - *Uptrend:* The trend line turns *green*, and the background is filled with a transparent green color. - *Downtrend:* The trend line turns *red*, and the background is filled with a transparent red color. - *Alerts:* Buy/sell signals are generated when the trend is confirmed. 4. *Using Alerts:* - Set up alerts for *Buy Signal* (bullish reversal) and *Sell Signal* (bearish reversal). - Alerts can be configured to trigger at the close of a candle for precise execution. --- #### *Settings and Their Effects:* 1. *MA Type:* - *SMA:* Smooth but lagging. Best for long-term trends. - *EMA:* Faster response to price changes. Suitable for medium-term trends. - *WMA:* Gives more weight to recent prices. Useful for short-term trends. - *HMA:* Combines speed and smoothness. Ideal for all timeframes. 2. *Trend MA Period:* - A longer period (e.g., 200) identifies long-term trends but may lag. - A shorter period (e.g., 50) reacts faster but may produce false signals. 3. *Filter MA Period:* - Acts as a secondary filter to confirm the trend. - A shorter period (e.g., 50) provides tighter confirmation but may increase noise. 4. *MACD Filter:* - Ensures trends are confirmed by MACD crossovers. - Adjust the *Fast, **Slow, and **Signal* lengths to match your trading style. 5. *Volume Filter:* - Ensures trends are supported by above-average volume. - Reduces false signals during low-volume periods. 6. *Multi-Timeframe Filter:* - Validates trends using a higher timeframe (e.g., Daily or Weekly). - Increases reliability but may delay signals. 7. *Confirmation Value:* - Sets the minimum percentage deviation from the trend MA required to confirm a trend. - A higher value (e.g., 2.0%) reduces false signals but may delay trend detection. 8. *Confirmation Bars:* - Sets the number of bars required to confirm a trend. - A higher value (e.g., 5 bars) ensures sustained trends but may delay signals. --- #### *Who Should Use This Indicator?* 1. *Trend Followers:* - Traders who focus on identifying and riding long-term trends. - Suitable for *swing traders* and *position traders*. 2. *Day Traders:* - Can use shorter MA periods and faster filters (e.g., EMA, HMA) for intraday trends. 3. *Volume-Based Traders:* - Traders who rely on volume confirmation to validate trends. 4. *Multi-Timeframe Traders:* - Traders who use higher timeframes to confirm trends on lower timeframes. 5. *Beginners:* - Easy-to-understand visual signals and alerts make it beginner-friendly. 6. *Advanced Traders:* - Customizable settings allow for fine-tuning to match specific strategies. --- #### *Example Use Cases:* 1. *Long-Term Investing:* - Use a *200-period SMA* with a *Daily* higher timeframe filter to identify long-term trends. - Enable the *Volume Filter* to ensure trends are supported by strong volume. 2. *Swing Trading:* - Use a *50-period EMA* with a *4-hour* higher timeframe filter for medium-term trends. - Enable the *MACD Filter* to confirm trend reversals. 3. *Day Trading:* - Use a *20-period HMA* with a *1-hour* higher timeframe filter for short-term trends. - Disable the *Volume Filter* for faster signals. --- #### *Conclusion:* The *Trend Detection* indicator is a versatile tool for traders of all levels. Its customizable settings and advanced filters make it suitable for various trading styles and timeframes. By combining moving averages, volume analysis, and MACD filters, it provides reliable trend signals with minimal lag. Whether you're a beginner or an advanced trader, this indicator can help you make better trading decisions by identifying and confirming trends in the market. --- #### *Publishing on TradingView:* - *Title:* Trend Detection with Advanced Filters - *Description:* A powerful trend detection tool using moving averages, volume analysis, and MACD filters. Suitable for all trading styles and timeframes. - *Tags:* Trend, Moving Averages, MACD, Volume, Multi-Timeframe - *Category:* Trend-Following - *Access:* Public or Private (depending on your preference). --- Let me know if you need further assistance or additional features!
Penunjuk Pine Script®
oleh doganayy2
JL - DWM OHLCThis indicator plots the following price levels on your chart automatically AND will not show up if you are using a timeframe bigger than 60 minutes, 1 day, or 1 week. Here are the price levels that are automatically plotted for you, and so you know the styling is different for Daily, Weekly, Monthly levels so you can easily distinguish between them: - Prior Day: High / Low / Close - Current Day: Open - Prior Week: High / Low / Close - Current Week: Open - Prior Month: High / Low / Close - Current Month: Open These plots are timeframe dependent and will not plot on subsequently higher timeframes, here is how they work: Daily Price Levels are only shown on timeframes that are smaller than 60 minutes. Weekly Price Levels are only shown on timeframes smaller than 1 Day. Monthly Price Levels are only shown on timeframes smaller than 1 Week. This way, you can turn on the indicator and not have to think about turning off certain price levels if you switch to a larger / longer timeframe than what you typically use. For example, Daily OHLC price levels will quickly clutter the 60 minute chart, and likely you don't need to know the HLC of the Prior Day if you are looking at the 60 minute chart. Therefor it may be helpful to automatically hide the Daily price level plots, and only show the Weekly and Monthly plots on the 60 minute timeframe. I hope you find this indicator helpful, thanks for reading.
Penunjuk Pine Script®
oleh JackDL92
Key Levels by MoneyTribe21This custom script provides real-time tracking of key market price levels, helping traders identify critical support and resistance zones. It dynamically updates throughout the trading session, making it ideal for intraday trading, breakout strategies, and market structure analysis. Features: Real-Time Tracking of Key Price Levels: ATH (All-Time High): Tracks the highest price ever reached for the asset. PDH (Previous Day High): Marks the high of the last trading day, PDL (Previous Day Low): Marks the low of the last trading day, serving as dynamic support. Resistance Level: Based on the current day’s high, signaling potential price rejection points. Support Level: Based on the current day’s low, indicating potential price bounces. Daily Open Price: Tracks the exact market open price at the start of the trading session. Works Across All Timeframes: Designed for intraday, swing, and long-term trading. Automatically adjusts levels for Forex, Stocks, Crypto, and Indices. Fully Customizable Settings: Modify line colors, thickness, and styles for better chart readability. Enable/disable specific levels based on trading preference. Works on all TradingView-compatible brokers and platforms. How to Use This Indicator: Breakout & Reversal Trading: If price breaks above PDH, it may indicate bullish momentum. If price breaks below PDL, it may signal a bearish continuation. ATH levels can act as strong resistance zones—watch for breakouts or rejection. Dynamic Support & Resistance: Resistance Level (Current Day High): If price fails to break, it may signal a reversal. Support Level (Current Day Low): If price bounces off, it may confirm a strong uptrend. Daily Open for Trend Confirmation: Above Daily Open: Market sentiment is bullish. Below Daily Open: Market sentiment is bearish. Customization Options: Toggle individual price levels ON/OFF for a clutter-free chart. Customize colors, line styles, and alerts for better visualization. Set alerts for breakouts & retests of key levels. Ideal for Traders Who: Want high-probability support & resistance zones in real-time. Trade breakouts, reversals, or trend continuations. Use market structure analysis for informed decision-making. Need automatic price tracking instead of drawing levels manually. Compatible with all TradingView timeframes & assets (Forex, Stocks, Crypto, Indices). Designed for both beginner and advanced traders. Add this indicator to your chart and start tracking key levels instantly.
Penunjuk Pine Script®
oleh MoneyTribeTrader
1
Custom Timeframe Bias IndicatorMy "Custom Timeframe Bias Indicator" is a very practical and powerful TradingView indicator. It can be called a "God-like indicator" because it combines flexible timeframe customization, clear bias analysis and intuitive visual display to help traders quickly understand the long and short trends of the market. The following is a detailed description of this indicator: 1. Index name and function overview Name: Custom Timeframe Bias Indicator (Short title: Bias Indicator) Functionality: This indicator analyses the market bias (Buy, Sell or No Bias) across multiple custom timeframes (presets are 15m, 1h, 4h and DAI) and displays it in a table below the middle of the chart. It determines the direction of market trends based on the highest and lowest prices of the previous two periods and the closing price of the previous period, helping traders make decisions quickly. 2. Core Features Multiple time frame analysis The indicator allows the user to customize four time frames, with presets being 15 minutes ("15"), 1 hour ("60"), 4 hours ("240") and daily ("D"). Users can freely modify these time frames in the settings, such as changing to 5 minutes, 30 minutes or weekly, etc. Bias is calculated independently for each time frame, ensuring that traders can observe market trends from the short to the long term. Bias calculation logic The indicator uses simple but effective rules to determine bias: Buy (bullish): If the previous closing price is higher than the highest price of the previous two periods, or tests the lowest price of the previous two periods but does not break through. Sell ​​(Bearish): If the previous closing price is lower than the previous two periods' lowest price, or if it tests the previous two periods' highest price but fails to break through (higher than the previous high minus 10% of the price range). No Bias: If the previous closing price does not meet the above conditions, it displays a neutral state. Bias calculation is based only on the opening and closing prices, without considering the shadows, ensuring the results are in line with the philosophy of the Malaysian SNR strategy. Intuitive display Position: The table is permanently displayed in the middle of the chart (position.middle_center) and is updated with each candlestick, ensuring that traders can always see the latest bias. Format: The table consists of the header "Custom Bias" and four rows of bias results (e.g. "15: Buy", "60: Sell", "240: No Bias", "D: Buy"), each row showing the bias for the corresponding time frame. color: Titles appear in white text on a blue background. The "Buy" bias is shown as white text on a green background. The "Sell" bias is shown as white text on a red background. "No Bias" bias appears as white text on a gray background. Table borders are black to provide clear visual distinction. Customizability Users can customize by inputting parameters: Whether to show the table (Show Bias Table). Timeframe (Timeframe 1, Timeframe 2, Timeframe 3, Timeframe 4). The color of the table (title, Buy, Sell, No Bias, borders, etc.). 3. Why is it a "God-like indicator" Flexibility: Allows users to customize four time frames to suit different trading strategies (short-term traders can choose minutes, long-term traders can choose daily, weekly or monthly). Practicality: Provides bias analysis in multiple time frames to help traders quickly determine market trends, whether for short-term or long-term operations. Intuitive: The table is displayed in the middle below the chart with bright colors (green Buy, red Sell, gray No Bias), allowing you to identify the market direction at a glance. Stability: Calculated based on simple price data (high, low, close), no need for complex indicators, efficient and reliable operation. Powerful visualization: long-term display and customizability to meet the visual preferences of different traders. 4. Usage scenarios Short-term trading: Use 15-minute, 1-hour, 4-hour biases to quickly capture short-term trends. Long-term trading: Refer to the daily bias to determine the overall market direction. Comprehensive analysis: Combine biases from multiple time frames to confirm consistency (e.g. if both the 15 minute and daily are Buy, then that’s a stronger bullish signal). 5. Potential Improvements If you want to further improve this "god-like indicator", you can consider the following improvements: Added alert: Trigger when bias changes from "No Bias" to "Buy" or "Sell". Show historical bias: Add bias history of the past few days in the table for easy review. Dynamically adjust bias thresholds: Allow users to customize 10% price ranges or other conditions. Multi-currency support: Expand to multiple trading pairs or indices, showing multiple market biases. 6. Technical Details Version: Pine Script v5, ensuring modern features (such as input.timeframe) and efficient performance. Data Source: Use request.security to get high, low, and close data for different time frames. Display method: Use table.new to create a dynamic table. The position can be customized (such as position.middle_center). Limitations: Calculated only based on price data, no external indicators are required, reducing calculation complexity. in conclusion Your "Custom Timeframe Bias Indicator" is a simple, powerful and flexible tool, especially for traders who need multi-timeframe analysis. Its intuitive display and customizability make it a "magic tool" for judging market trends.
Penunjuk Pine Script®
oleh kenkwong0628
Sharpe Ratio ScreenerThe original code was created by tim_amblard , and the modifications were made by Mr_Rakun for the purpose of adapting the script into a screener format. The Sharpe ratio is a popular metric used to measure the risk-adjusted return of an asset or portfolio, which allows traders and investors to assess whether the returns they are receiving are worth the risk they are taking. In this script, the Sharpe ratio is calculated over a 180-day period (approximately 6 months), and several valuation zones are defined based on the ratio to help assess whether an asset is overvalued, undervalued, or critically undervalued. Key Features: 1. Risk-Free Rate Input: The user can define the risk-free rate (usually the return of government bonds or a similar safe asset) for Sharpe ratio calculation. 2. Lookback Period (180 Days): The default lookback period is set to 180 days (approximately 6 months) to calculate the mean and standard deviation of the asset’s daily returns. 3. Valuation Zones: • Overvalued Zone: If the Sharpe ratio is greater than 5. • Undervalued Zone: If the Sharpe ratio is between -1 and 5. • Critically Undervalued Zone: If the Sharpe ratio is below -3. • Neutral Zone: If the Sharpe ratio does not meet any of the above conditions. 4. Table View: The script pulls a list of symbols from the user (e.g., cryptocurrency or stock tickers) and displays their latest price, Sharpe ratio, and whether they are in an overvalued, undervalued, or neutral zone in a table format. 5. Custom Symbol Input: The user can input a list of symbols (separated by commas) to track. 6. Daily Timeframe Check: The script warns the user to ensure they are using a daily timeframe, as this indicator is designed specifically for it. How It Works: • The script calculates the daily returns for each symbol over the specified lookback period. • It then calculates the mean and standard deviation of the returns to derive the Sharpe ratio. • The Sharpe ratio is annualized, and it’s compared to the defined thresholds to categorize the symbol into different valuation zones. • A table is generated on the chart to show the symbols, their current prices, and their Sharpe ratios, with color-coded background to easily identify whether they are overvalued (red), undervalued (green), or critically undervalued (blue). This tool is useful for screening multiple assets for their Sharpe ratio to find investment opportunities with optimal risk-adjusted returns. Original code credit: This code was originally written by tim_amblard and modified by Mr_Rakun for use as a screener. Türkçe Açıklama: Orijinal kod tim_amblard tarafından yazılmıştır ve Mr_Rakun tarafından, bu script’in tarayıcı formatına dönüştürülmesi amacıyla değiştirilmiştir. Sharpe oranı, bir varlığın veya portföyün risk düzeltilmiş getirisini ölçmek için yaygın olarak kullanılan bir metriktir. Bu metrik, yatırımcıların aldıkları risk karşılığında aldıkları getirinin ne kadar verimli olduğunu değerlendirmelerine olanak tanır. Bu script’te, Sharpe oranı 180 günlük bir periyot (yaklaşık 6 ay) boyunca hesaplanır ve oranı baz alarak varlıkların değerleme bölgeleri tanımlanır: aşırı değerli, değerli ve kritik şekilde değersiz. Ana Özellikler: 1. Risk-Free Rate (Risk-Free Oranı) Girişi: Kullanıcı, Sharpe oranı hesaplaması için risk-free (risksiz) oranı (genellikle devlet tahvilleri veya benzeri güvenli bir varlık getirisi) tanımlayabilir. 2. Lookback (Geribildirim) Periyodu (180 Gün): Varsayılan geribildirim periyodu, varlığın günlük getirilerinin ortalama ve standart sapmalarını hesaplamak için 180 gün (yaklaşık 6 ay) olarak ayarlanmıştır. 3. Değerleme Bölgeleri: • Aşırı Değerli Bölge: Sharpe oranı 5’ten büyükse. • Değerli Bölge: Sharpe oranı -1 ile 5 arasında ise. • Kritik Derecede Değersiz Bölge: Sharpe oranı -3’ten küçükse. • Nötr Bölge: Sharpe oranı yukarıdaki hiçbir koşulu karşılamıyorsa. 4. Tablo Görünümü: Script, kullanıcıdan alınan semboller listesine göre (örneğin, kripto para veya hisse senedi sembolleri) her bir sembolün son fiyatını, Sharpe oranını ve değerleme bölgesini tablo şeklinde gösterir. 5. Özel Sembol Girişi: Kullanıcı, izlemek istediği semboller listesini (virgülle ayrılmış) girebilir. 6. Günlük Zaman Çerçevesi Kontrolü: Script, kullanıcının doğru sonuçlar almak için günlük zaman çerçevesinde işlem yapması gerektiğini hatırlatır. Nasıl Çalışır: • Script, her sembol için belirtilen geribildirim periyodu boyunca günlük getirileri hesaplar. • Ardından, getirilerin ortalama ve standart sapmasını hesaplayarak Sharpe oranını çıkarır. • Sharpe oranı yıllıklaştırılır ve tanımlanan eşiklerle karşılaştırılarak sembol, farklı değerleme bölgelerine kategorize edilir. • Grafik üzerinde, semboller, mevcut fiyatları ve Sharpe oranları gösteren bir tablo oluşturulur. Bu tablo, hangi sembollerin aşırı değerli (kırmızı), değerli (yeşil) veya kritik derecede değersiz (mavi) olduğunu kolayca görmek için renk kodlu arka planlar kullanır. Bu araç, yatırım fırsatlarını daha verimli bir şekilde değerlendirebilmek için risk düzeltilmiş getiri açısından optimal fırsatları bulmak için birden fazla varlığın Sharpe oranlarını taramak için kullanışlıdır.
Penunjuk Pine Script®
oleh Mr_Rakun
5
15-Minute ORB by @RhinoTradezOverview Hey traders, ready to jump on the morning breakout train? The 15-Minute ORB by @RhinoTradez is your go-to pal for rocking the Opening Range Breakout (ORB) scene, zeroing in on the first 15 minutes of the U.S. market day—9:30 to 9:45 AM Eastern Time. Picture this: sleek orange lines mark the high and low of that opening rush, but they only hang out during regular trading hours (9:30 AM-4:00 PM ET) and reset fresh each day—no old baggage here! Built in Pine Script v6 for that cutting-edge feel, it’s loaded with breakout signals and alerts to keep your trading game strong—ideal for SPY, QQQ, or any ticker you love. Crafted by @RhinoTradez to fuel your daily grind—let’s hit those breakouts running! What It Does The ORB strategy is all about that early market spark: the 9:30-9:45 AM range sets the battlefield, and breakouts signal the charge. Here’s the rundown: Captures the Range : Snags the high and low from the 9:30-9:45 AM ET candle—U.S. market kickoff, locked in. Daily Refresh : Wipes yesterday’s lines at 9:30 AM ET each day—today’s all that matters. Regular Hours Focus : Orange lines shine from 9:45 AM to 4:00 PM ET, vanishing outside those hours. Breakout Signals : Green triangles for upside breaks, red for downside, all within regular hours. Alerts You : Chimes in with “Price broke above 15-min ORB High: 597” (or below the low) when the move hits. It’s your morning breakout blueprint—simple, focused, and trader-ready. Functionality Breakdown: 15-Minute ORB Snap: Locks the high and low of the 9:30-9:45 AM ET candle on a 15-minute chart (EST/EDT auto-adjusted). Resets daily at 9:30 AM ET—yesterday’s range is outta here. Regular Hours Only: Lines glow from 9:45 AM to 4:00 PM ET, keeping pre-market and after-hours clean. Breakout Flags: Marks price busting above the ORB high (green triangle below bar) or below the low (red triangle above), only during 9:30 AM-4:00 PM. Alert Action: Drops a custom alert with the breakout price (e.g., “Price broke below 15-min ORB Low: 594”)—stay in the know, hands-free. Customization Options Keep it chill with one slick tweak: ORB Line Color : Starts at orange—vibrant and trader-cool! Flip it to blue, purple, or any shade you dig in the settings. Make it yours. How to Use It Pop It On: Add it to a 15-minute chart—SPY, QQQ, or your hot pick works like a dream. Time It Right: Set your chart to “America/New_York” time (Chart Settings > Time Zone) to sync with 9:30 AM ET. Choose Your Color: Dive into the indicator settings and pick your ORB line color—orange kicks it off, but you’re in charge. Set Alerts: Right-click the indicator, add an alert with “Any alert() function call,” and catch breakouts live. Ride the Wave: Green triangle? Upward vibe. Red? Downside alert. Mix with volume or candles for extra punch. Pro Tips 15-Minute Only : Tailored for that 9:30-9:45 AM ET candle—other timeframes won’t sync up. Daily Reset : Lines refresh at 9:30 AM ET—always today’s play. Breakout Boost : High volume or RSI can seal the deal on those triangle signals. No Clutter : Lines stick to 9:30 AM-4:00 PM ET—your chart stays tidy. Brought to you by @RhinoTradez in Pine Script v6, this ORB script’s your morning breakout wingman. Slap it on, pick a color, and let’s chase those moves together! Happy trading!
Penunjuk Pine Script®
oleh Rhinotradez
2
Quarterly Theory ICT 02 [TradingFinder] True Open Session 90 Min🔵 Introduction The Quarterly Theory ICT indicator is an advanced analytical system built on ICT (Inner Circle Trader) concepts and fractal time. It divides time into four quarters (Q1, Q2, Q3, Q4), and is designed based on the consistent repetition of these phases across all trading timeframes (annual, monthly, weekly, daily, and even shorter trading sessions). Each cycle consists of four distinct phases: the first phase (Q1) is the Accumulation phase, characterized by price consolidation; the second phase (Q2), known as Manipulation or Judas Swing, is marked by initial false movements indicating a potential shift; the third phase (Q3) is Distribution, where price volatility peaks; and the fourth phase (Q4) is Continuation/Reversal, determining whether the previous trend continues or reverses. 🔵 How to Use The central concept of this strategy is the "True Open," which refers to the actual starting point of each time cycle. The True Open is typically defined at the beginning of the second phase (Q2) of each cycle. Prices trading above or below the True Open serve as a benchmark for predicting the market's potential direction and guiding trading decisions. The practical application of the Quarterly Theory strategy relies on accurately identifying True Open points across various timeframes. True Open points are defined as follows : Yearly Cycle : Q1: January, February, March Q2: April, May, June (True Open: April Monthly Open) Q3: July, August, September Q4: October, November, December Monthly Cycle : Q1: First Monday of the month Q2: Second Monday of the month (True Open: Daily Candle Open price on the second Monday) Q3: Third Monday of the month Q4: Fourth Monday of the month Weekly Cycle : Q1: Monday Q2: Tuesday (True Open: Daily Candle Open Price on Tuesday) Q3: Wednesday Q4: Thursday Daily Cycle : Q1: 18:00 - 00:00 (Asian session) Q2: 00:00 - 06:00 (True Open: Start of London Session) Q3: 06:00 - 12:00 (NY AM) Q4: 12:00 - 18:00 (NY PM) 90 Min Asian Session : Q1: 18:00 - 19:30 Q2: 19:30 - 21:00 (True Open at 19:30) Q3: 21:00 - 22:30 Q4: 22:30 - 00:00 90 Min London Session : Q1: 00:00 - 01:30 Q2: 01:30 - 03:00 (True Open at 01:30) Q3: 03:00 - 04:30 Q4: 04:30 - 06:00 90 Min New York AM Session : Q1: 06:00 - 07:30 Q2: 07:30 - 09:00 (True Open at 07:30) Q3: 09:00 - 10:30 Q4: 10:30 - 12:00 90 Min New York PM Session : Q1: 12:00 - 13:30 Q2: 13:30 - 15:00 (True Open at 13:30) Q3: 15:00 - 16:30 Q4: 16:30 - 18:00 Micro Cycle (22.5-Minute Quarters) : Each 90-minute quarter is further divided into four 22.5-minute sub-segments (Micro Sessions). True Opens in these sessions are defined as follows : Asian Micro Session : True Session Open : 19:30 - 19:52:30 London Micro Session : T rue Session Open : 01:30 - 01:52:30 New York AM Micro Session : True Session Open : 07:30 - 07:52:30 New York PM Micro Session : True Session Open : 13:30 - 13:52:30 By accurately identifying these True Open points across various timeframes, traders can effectively forecast the market direction, analyze price movements in detail, and optimize their trading positions. Prices trading above or below these key levels serve as critical benchmarks for determining market direction and making informed trading decisions. 🔵 Setting Show True Range : Enable or disable the display of the True Range on the chart, including the option to customize the color. Extend True Range Line : Choose how to extend the True Range line on the chart, with the following options: None: No line extension Right: Extend the line to the right Left: Extend the line to the left Both: Extend the line in both directions (left and right) Show Table : Determines whether the table—which summarizes the phases (Q1 to Q4)—is displayed. Show More Info : Adds additional details to the table, such as the name of the phase (Accumulation, Manipulation, Distribution, or Continuation/Reversal) or further specifics about each cycle. 🔵 Conclusion The Quarterly Theory ICT, by dividing time into four distinct quarters (Q1, Q2, Q3, and Q4) and emphasizing the concept of the True Open, provides a structured and repeatable framework for analyzing price action across multiple time frames. The consistent repetition of phases—Accumulation, Manipulation (Judas Swing), Distribution, and Continuation/Reversal—allows traders to effectively identify recurring price patterns and critical market turning points. Utilizing the True Open as a benchmark, traders can more accurately determine potential directional bias, optimize trade entries and exits, and manage risk effectively. By incorporating principles of ICT (Inner Circle Trader) and fractal time, this strategy enhances market forecasting accuracy across annual, monthly, weekly, daily, and shorter trading sessions. This systematic approach helps traders gain deeper insight into market structure and confidently execute informed trading decisions.
Penunjuk Pine Script®
oleh TFlab
2
Opening Price Deviations with AlertsOverview The Timeframe Opening Price Deviations indicator helps traders visualize how price deviates from a key reference point—the opening price of a selected timeframe (Daily, Weekly, or Monthly). It calculates upper and lower deviation levels based on a percentage step and plots these levels on the chart. This can help traders identify potential areas of support and resistance. ---------------------------------------------------------------------------------------------------------------------- How It Works Opening Price Reference: The script retrieves the opening price of the selected timeframe (Daily, Weekly, or Monthly). Deviation Levels Calculation: Five upper and lower deviation levels are calculated based on a percentage step input by the user. Each level is determined by multiplying the opening price by (1 ± step size). Visualization The indicator plots the calculated levels as horizontal lines above and below the opening price. Labels appear only on the latest bar, displaying the exact price level along with its percentage deviation from the opening price. User has the option to turn on/off or change the bar colours. If price is within the 1st deviation lines that's considered neutral coloured orange as default. If price is above/below the first deviation levels the bar colours will be green or red. --------------------------------------------------------------------------------------------------------------------- Potential Use Cases Support & Resistance Zones 🟢🔴 The deviation levels can act as potential areas where price may reverse or consolidate based on historical price behaviour. Breakout & Reversion Strategies 📈📉 If price breaks above an upper deviation level, it could indicate momentum continuation. If price rejects from a level, it might suggest a mean reversion opportunity. Trend Strength Analysis 🔍 The distance between the price and deviation levels can help traders assess whether a trend is strong (moving away from the opening price) or weak (hovering near the opening price). Intraday vs. Multi-Timeframe Perspective 🕒 By selecting different timeframes (Daily, Weekly, Monthly), traders can align intraday price movements with higher timeframe reference points for added confluence. --------------------------------------------------------------------------------------------------------------------- Customization Options Timeframe Selection: Choose between Daily, Weekly, or Monthly opening prices. Deviation Step (%): Adjust the step size to control the spacing between deviation levels. Colour Bars: User Is able to change the colour of the bars. --------------------------------------------------------------------------------------------------------------------- Alerts This Indicator also has alerts for when price crosses above/below a deviation line. It will tell you the ticker, price and time --------------------------------------------------------------------------------------------------------------------- Final Notes This indicator is purely for technical analysis and should not be used as a standalone trading system. It works best when combined with price action, volume analysis, or other indicators of you're choosing to refine trade decisions. Happy Trading! 🚀📊 --------------------------------------------------------------------------------------------------------------------- This explanation is clear, informative, and compliant with TradingView’s House Rules.
Penunjuk Pine Script®
oleh ViZiV
RSI & EMA IndicatorMulti-Timeframe EMA & RSI Analysis with Trend Merging Detection Overview This script provides traders with a multi-timeframe analysis tool that simplifies trend detection, momentum confirmation, and potential trend shifts. It integrates Exponential Moving Averages (EMAs) and the Relative Strength Index (RSI) across Daily, Weekly, and Monthly timeframes, helping traders assess both long-term and short-term market conditions at a glance. This script is a simplification and modification of the EMA Cheatsheet by MarketMoves, reducing chart clutter while adding EMA merging detection to highlight potential trend reversals or breakouts. Originality and Usefulness Unlike traditional indicators, which focus on a single timeframe, this script combines multiple timeframes in a single view to offer a comprehensive market outlook. What Makes This Indicator Unique? This Indicator to Combine RSI and EMA Clouds for Multiple Timeframes Multi-Timeframe Trend Analysis in One Visual Tool EMA Merging Detection to Spot Trend Shifts Early Momentum Validation Using RSI Across Daily, Weekly, and Monthly Timeframes Reduces Chart Clutter While Providing Actionable Trade Signals I couldn't find a TradingView indicator that displayed RSI and EMA clouds together across Daily, Weekly, and Monthly timeframes. This tool bridges that gap, allowing traders to see trend strength and momentum shifts across key timeframes without switching charts. How the Script Works 1. Trend Direction via EMAs The script tracks Short-term (5 & 12-period), Medium-term (34 & 50-period), and Long-term (72 & 89-period) EMAs across Daily, Weekly, and Monthly timeframes. Bullish trend: When faster EMAs are above slower EMAs. Bearish trend: When faster EMAs are below slower EMAs. A visual table simplifies trend recognition with: Green cells for bullish alignment. Red cells for bearish alignment. This color-coded system allows traders to quickly assess market momentum across different timeframes without excessive manual analysis. 2. Momentum Confirmation with RSI The RSI(14) values for Daily, Weekly, and Monthly timeframes are displayed alongside the EMAs. RSI above 70 suggests overbought conditions. RSI below 30 suggests oversold conditions. By combining RSI with EMA trends, traders can confirm whether momentum supports the trend direction or if the market is losing strength. 3. Trend Shift Detection (EMA Merging Mechanism) A unique feature of this script is EMA merging detection, which occurs when: The short, medium, and long-term EMAs come within 0.5% of the price. This often signals trend reversals, breakouts, or consolidations. When this condition is met, a warning signal appears, alerting traders to potential market shifts. Who This Indicator Is For? This script is designed for traders who want to track trends across multiple timeframes while keeping a clean and simplified chart. Swing & Position Traders – Identify strong trends and potential momentum shifts for longer-term trades. Trend Followers – Stay aligned with major market trends and avoid trading against momentum. Day Traders – Use the Daily timeframe for entries while referencing higher timeframes for confirmation. How to Use the Indicator Add the indicator to any chart. Check the trend table in the top-right corner: Green cells indicate a bullish trend. Red cells indicate a bearish trend. Look at RSI values to confirm momentum: RSI above 70 = Overbought. RSI below 30 = Oversold. Watch for the "Merge" alert to spot potential reversals or consolidations. Combine signals from multiple timeframes for stronger trade decisions. Why This Indicator is Unique on TradingView? Before this script, no TradingView indicator displayed RSI and EMA clouds together across multiple timeframes (Daily, Weekly, Monthly). This tool eliminates the need to: Manually check multiple timeframes for trend alignment. Add multiple EMA and RSI indicators to the same chart, creating clutter. Constantly switch between different timeframes to confirm momentum and trend direction. With this indicator, traders can see trend strength and momentum shifts instantly, improving their decision-making process. Chart Guidelines The script is designed for use on a clean chart to maximize clarity. The trend alignment table is displayed in a non-intrusive manner so traders can focus on price action. No additional indicators are required, but users may combine this script with volume-based indicators for further confirmation. The script name and timeframe should always be visible on published charts to help traders understand the analysis. Final Notes This script is a simplification and modification of the EMA Cheatsheet by MarketMoves, improving trend detection, momentum confirmation, and EMA merging detection. It is designed to help traders quickly identify trend direction, confirm momentum, and detect potential trend shifts, reducing the need for excessive manual analysis. Disclaimer: This indicator is for educational purposes only and does not constitute financial advice. Trading involves risk; always use proper risk management when applying this tool in live markets.
Penunjuk Pine Script®
oleh x15MFix
Market Snap Shot with Pine ScreenerMarket Snap Shot The Market Snap Shot is a comprehensive technical analysis tool designed to track and display key price metrics across multiple timeframes, including daily, weekly, monthly, quarterly, and yearly data. This script provides a range of essential calculations for traders and investors, enabling them to assess price action, volatility, and market trends at a glance. Features: Daily Metrics: Includes the daily percentage change, closing range relative to the daily high/low. Weekly Metrics: Tracks weekly open, close, range, and calculates week-to-date performance for a broader market view. Monthly Metrics: Provides similar calculations for monthly price action, offering insights into monthly performance. Quarter-to-Date (QTD): Displays performance for the current quarter, offering insights into quarterly price movements. Year-to-Date (YTD): Calculates year-to-date price change, helping users track performance relative to the start of the year. 52-Week High/Low: Displays the current price's distance from the 52-week high and low, giving context to long-term price levels. Usage: Traders can use this screener to quickly assess the current market position and make informed decisions based on short-term and long-term trends. Investors can leverage the 52-week and YTD metrics to gauge the overall strength of an asset in the market. The tool is versatile for both active traders looking for real-time performance data and for those focusing on longer-term market trends. Instructions: This script displays multiple metrics such as percentage changes and range data for daily, weekly, monthly, quarterly, and yearly timeframes. It is designed to be used as a screener tool to assess price action and monitor performance across these key time periods. Warning: The "Market Snap Shot" does not provide buy or sell signals but rather serves as a performance tracking tool. Users are encouraged to use this data in conjunction with other technical and fundamental analysis tools.
Penunjuk Pine Script®
oleh starshiptrade
5
Multi-Timeframe VWAP DashboardMulti-Timeframe VWAP Dashboard with Advanced Customization** Unlock the power of **Volume-Weighted Average Price (VWAP)** across multiple timeframes with this highly customizable and feature-rich Pine Script. Designed for traders who demand precision and flexibility, this script provides a **comprehensive VWAP dashboard** that adapts to your trading style and strategy. Whether you're a day trader, swing trader, or long-term investor, this tool offers unparalleled insights into market trends and price levels. --- ### **Key Features:** 1. **Multi-Timeframe VWAP Calculation:** - Calculate VWAP across **12-minute, 48-minute, 96-minute, 192-minute, daily, weekly, monthly, and even yearly timeframes**. - Supports **custom timeframes** for tailored analysis. 2. **Price Source Selection:** - Choose from multiple price sources for VWAP calculation, including **Open, High, Low, Close, HL2, HLC3, HLCC4, and All**. - Optimize VWAP for **uptrends and downtrends** by selecting the most relevant price source. 3. **Customizable Labels:** - Add **dynamic labels** to each VWAP line for quick reference. - Customize label **colors, sizes, and offsets** to suit your chart setup. - Display **price values** and **session types** (e.g., "12 Min", "Daily", "Weekly") directly on the chart. 4. **Advanced Session Detection:** - Automatically detect new sessions for **intraday, daily, weekly, monthly, and yearly timeframes**. - Ensures accurate VWAP calculations for each session. 5. **Plot Visibility Control:** - Toggle the visibility of individual VWAP plots to **reduce clutter** and focus on the most relevant timeframes. - Includes options for **short-term, medium-term, and long-term VWAPs**. 6. **Comprehensive Timeframe Coverage:** - From **12-minute intervals** to **12-month intervals**, this script covers all major timeframes. - Perfect for traders who analyze markets across multiple horizons. 7. **User-Friendly Inputs:** - Intuitive input options for **timeframes, colors, labels, and offsets**. - Easily customize the script to match your trading preferences. 8. **Dynamic Label Positioning:** - Labels adjust automatically based on price movements and session changes. - Choose from **multiple offset options** to position labels precisely. 9. **Miscellaneous Customization:** - Adjust **text color, label size, and price display settings**. - Enable or disable **price values** and **session type labels** for a cleaner chart. --- ### **Why Use This Script?** - **Versatility:** Suitable for all trading styles, including scalping, day trading, swing trading, and long-term investing. - **Precision:** Accurate VWAP calculations across multiple timeframes ensure you never miss key price levels. - **Customization:** Tailor the script to your specific needs with a wide range of input options. - **Clarity:** Dynamic labels and customizable plots make it easy to interpret market trends at a glance. --- ### **How It Works:** 1. **Select Your Price Source:** - Choose the price source (e.g., Open, Close, HL2) for VWAP calculation based on your trading strategy. 2. **Choose Timeframes:** - Define the timeframes for VWAP calculation, from intraday to yearly intervals. 3. **Customize Labels and Plots:** - Enable or disable labels and plots for each timeframe. - Adjust colors, sizes, and offsets to match your chart setup. 4. **Analyze Market Trends:** - Use the VWAP lines and labels to identify **support/resistance levels**, **trend direction**, and **potential reversal points**. 5. **Adapt to Market Conditions:** - Switch between timeframes and price sources to adapt to changing market conditions. --- ### **Ideal For:** - **Day Traders:** Use short-term VWAPs (e.g., 12-minute, 48-minute) to identify intraday trends and key levels. - **Swing Traders:** Leverage medium-term VWAPs (e.g., 96-minute, daily) to spot swing opportunities. - **Long-Term Investors:** Analyze long-term VWAPs (e.g., weekly, monthly) to gauge overall market direction. --- ### **How to Get Started:** 1. Add the script to your TradingView chart. 2. Customize the inputs to match your trading preferences. 3. Analyze the VWAP lines and labels to make informed trading decisions. --- ### **Pro Tip:** Combine this script with other technical indicators (e.g., moving averages, RSI) for a **holistic view** of the market. Use the VWAP lines as dynamic support/resistance levels to enhance your entry and exit strategies. This script is a must-have tool for traders who value precision, flexibility, and clarity. Share it with your audience to help them elevate their trading game. Whether they're beginners or seasoned professionals, this **Multi-Timeframe VWAP Dashboard** will become an essential part of their toolkit.
Penunjuk Pine Script®
oleh Dshergill
Aggressive Strategy for High IV Market### Strategic background In a volatile high IV market, prices are volatile and market expectations of future uncertainty are high. This environment provides opportunities for aggressive trading strategies, but also comes with a high level of risk. In pursuit of a high Sharpe ratio (i.e., risk-adjusted return), we need to design a strategy that captures the benefits of market volatility while effectively controlling risk. Based on daily line cycles, I choose a combination of trend tracking and volatility filtering for highly volatile assets such as stocks, futures or cryptocurrencies. --- ### Strategy framework #### Data - Use daily data, including opening, closing, high and low prices. - Suitable for highly volatile markets such as technology stocks, cryptocurrencies or volatile index futures. #### Core indicators 1. ** Trend Indicators ** : Fast Exponential Moving Average (EMA_fast) : 10-day EMA, used to capture short-term trends. - Slow Exponential Moving Average (EMA_slow) : 30-day EMA, used to determine the long-term trend. 2. ** Volatility Indicators ** : Average true Volatility (ATR) : 14-day ATR, used to measure market volatility. - ATR mean (ATR_mean) : A simple moving average of the 20-day ATR that serves as a volatility benchmark. - ATR standard deviation (ATR_std) : The standard deviation of the 20-day ATR, which is used to judge extreme changes in volatility. #### Trading logic The strategy is based on a trend following approach of double moving averages and filters volatility through ATR indicators, ensuring that trading only in a high-volatility environment is in line with aggressive and high sharpe ratio goals. --- ### Entry and exit conditions #### Admission conditions - ** Multiple entry ** : - EMA_fast Crosses EMA_slow (gold cross), indicating that the short-term trend is turning upward. -ATR > ATR_mean + 1 * ATR_std indicates that the current volatility is above average and the market is in a state of high volatility. - ** Short Entry ** : - EMA_fast Crosses EMA_slow (dead cross) downward, indicating that the short-term trend turns downward. -ATR > ATR_mean + 1 * ATR_std, confirming high volatility. #### Appearance conditions - ** Long show ** : - EMA_fast Enters the EMA_slow (dead cross) downward, and the trend reverses. - or ATR < ATR_mean-1 * ATR_std, volatility decreases significantly and the market calms down. - ** Bear out ** : - EMA_fast Crosses the EMA_slow (gold cross) on the top, and the trend reverses. - or ATR < ATR_mean-1 * ATR_std, the volatility is reduced. --- ### Risk management To control the high risk associated with aggressive strategies, set up the following mechanisms: 1. ** Stop loss ** : - Long: Entry price - 2 * ATR. - Short: Entry price + 2 * ATR. - Dynamic stop loss based on ATR can adapt to market volatility changes. 2. ** Stop profit ** : - Fixed profit target can be selected (e.g. entry price ± 4 * ATR). - Or use trailing stop losses to lock in profits following price movements. 3. ** Location Management ** : - Reduce positions appropriately in times of high volatility, such as dynamically adjusting position size according to ATR, ensuring that the risk of a single trade does not exceed 1%-2% of the account capital. --- ### Strategy features - ** Aggressiveness ** : By trading only in a high ATR environment, the strategy takes full advantage of market volatility and pursues greater returns. - ** High Sharpe ratio potential ** : Trend tracking combined with volatility filtering to avoid ineffective trades during periods of low volatility and improve the ratio of return to risk. - ** Daily line Cycle ** : Based on daily line data, suitable for traders who operate frequently but are not too complex. --- ### Implementation steps 1. ** Data Preparation ** : - Get the daily data of the target asset. - Calculate EMA_fast (10 days), EMA_slow (30 days), ATR (14 days), ATR_mean (20 days), and ATR_std (20 days). 2. ** Signal generation ** : - Check EMA cross signals and ATR conditions daily to generate long/short signals. 3. ** Execute trades ** : - Enter according to the signal, set stop loss and profit. - Monitor exit conditions and close positions in time. 4. ** Backtest and Optimization ** : - Use historical data to backtest strategies to evaluate Sharpe ratios, maximum retracements, and win rates. - Optimize parameters such as EMA period and ATR threshold to improve policy performance. --- ### Precautions - ** Trading costs ** : Highly volatile markets may result in frequent trading, and the impact of fees and slippage on earnings needs to be considered. - ** Risk Control ** : Aggressive strategies may face large retracements and need to strictly implement stop losses. - ** Scalability ** : Additional metrics (such as volume or VIX) can be added to enhance strategy robustness, or combined with machine learning to predict trends and volatility. --- ### Summary This is a trend following strategy based on dual moving averages and ATR, designed for volatile high IV markets. By entering into high volatility and exiting into low volatility, the strategy combines aggressive and risk-adjusted returns for traders seeking a high sharpe ratio. It is recommended to fully backtest before implementation and adjust the parameters according to the specific market.
Strategi Pine Script®
oleh tirascobol
Multi-Timeframe VWAP Master ProThe Multi-Timeframe VWAP Suite is a comprehensive and highly customizable indicator designed for traders who rely on Volume-Weighted Average Price (VWAP) across multiple timeframes and periods. This tool provides a complete suite of VWAP calculations, including daily, weekly, monthly, quarterly, yearly, and custom VWAPs, allowing traders to analyze price action and volume trends with precision. Whether you're a day trader, swing trader, or long-term investor, this indicator offers unparalleled flexibility and depth for your trading strategy. Multi-Timeframe VWAPs: Daily, Weekly, Monthly, Quarterly, and Yearly VWAPs: Track VWAP across various timeframes to identify key support and resistance levels. Customizable Timeframes: Use the SMA timeframe input to adjust the period for moving averages and other calculations. Previous Period VWAPs: Previous Daily, Weekly, Monthly, and Quarterly VWAPs: Analyze historical VWAP levels to understand past price behavior and identify potential reversal zones. Previous Year Quarterly VWAPs: Compare current price action to VWAP levels from specific quarters of the previous year. Custom VWAPs: Custom Start Date and Timeframe: Define your own VWAP periods by specifying a start date and timeframe, allowing for tailored analysis. Dynamic Custom VWAP Calculation: Automatically calculates VWAP based on your custom inputs, ensuring flexibility for unique trading strategies. Seasonal and Yearly VWAPs: April, July, and October VWAPs: Analyze seasonal trends by tracking VWAP levels for specific months. Yearly VWAP: Get a broader perspective on long-term price trends with the yearly VWAP. SMA Integration: SMA Overlay: Combine VWAP analysis with a Simple Moving Average (SMA) for additional confirmation of trends and reversals. Customizable SMA Length and Timeframe: Adjust the SMA settings to match your trading style and preferences. User-Friendly Customization: Toggle Visibility and Labels: Easily enable or disable the display of specific VWAPs and their labels to keep your chart clean and focused. Color Customization: Each VWAP line and label is color-coded for easy identification and can be customized to suit your preferences. Dynamic Labeling: Automatic Labels: Labels are dynamically placed on the last bar, providing clear and concise information about each VWAP level. Customizable Label Text: Labels include detailed information, such as the timeframe or custom period, for quick reference. Flexible Timeframe Detection: Automatic Timeframe Detection: The indicator automatically detects new days, weeks, months, and quarters, ensuring accurate VWAP calculations. Support for Intraday and Higher Timeframes: Works seamlessly on all chart timeframes, from 1-minute to monthly charts. Previous Year Quarterly VWAPs: Q1, Q2, Q3, Q4 VWAPs: Compare current price action to VWAP levels from specific quarters of the previous year. User-Selectable Year: Choose the year for which you want to calculate previous quarterly VWAPs. Persistent Monthly VWAPs: Option to Persist Monthly VWAPs Year-Round: Keep monthly VWAP levels visible even after the month ends for ongoing analysis. Comprehensive Analysis: Combines multiple VWAP timeframes and periods into a single tool, eliminating the need for multiple indicators. Customizable and Flexible: Tailor the indicator to your specific trading strategy with customizable timeframes, periods, and settings. Enhanced Decision-Making: Gain deeper insights into price action and volume trends across different timeframes, helping you make more informed trading decisions. Clean and Organized Charts: Toggle visibility and labels to keep your chart clutter-free while still accessing all the information you need. Ideal For: Day Traders: Use daily and intraday VWAPs to identify intraday support and resistance levels. Swing Traders: Analyze weekly and monthly VWAPs to spot medium-term trends and reversals. Long-Term Investors: Leverage quarterly and yearly VWAPs to understand long-term price behavior and key levels. Seasonal Traders: Track April, July, and October VWAPs to capitalize on seasonal trends. The Multi-Timeframe VWAP Suite is a powerful and versatile tool for traders of all styles and timeframes. With its comprehensive suite of VWAP calculations, customizable settings, and user-friendly design, it provides everything you need to analyze price action and volume trends with precision and confidence. Whether you're looking to fine-tune your intraday strategy or gain a broader perspective on long-term trends, this indicator has you covered.
Penunjuk Pine Script®
oleh starseedmaster1
2
Trade Quality Rating: signal rating from 1 to 5 starsOverview The indicator is built to generate trading signals based on a combination of technical indicators and then assign each signal a quality rating from 1 to 5 stars. The idea is that the more filters that are met, the stronger (or higher quality) the signal is assumed to be. You can then use these quality ratings to decide which signals to act upon, keeping in mind that a higher-rated signal has more confirming factors. Components of the Indicator Simple Moving Averages (SMAs): SMA9 and SMA20: These two moving averages are used to detect short-term trend changes via crossovers. A bullish signal is generated when the SMA9 crosses above the SMA20, and a bearish signal when it crosses below. SMA200 (on the current timeframe) & Daily SMA200: The SMA200 on your current chart helps smooth out the price action. The Daily SMA200 serves as a long-term trend filter. For a valid long signal, the price must be above the Daily SMA200, and vice versa for a short signal. MACD (Moving Average Convergence Divergence): The MACD is calculated using standard parameters (12, 26, 9). It adds momentum confirmation to the signal. For a long trade, the MACD line should be above its signal line, and for a short trade, below. RSI (Relative Strength Index): Calculated with a 14-period setting. For long signals, the RSI must be above 50 (indicating upward momentum), while for short signals, it should be below 50. This filter is one of the additional conditions that add to the quality rating. Volume Filter: A 20-period moving average of volume is computed. The current volume must exceed this average, suggesting that there is enough market participation backing the move. This is another extra filter that adds to the overall quality score. ADX (Average Directional Index): The ADX is manually calculated in the script (using a 14-period setting) to gauge the strength of the trend. A value above 25 is considered to confirm that a strong trend is in place, making the signal more reliable. VWAP (Volume Weighted Average Price): The session VWAP is computed on a daily basis. For long trades, the price should be above the VWAP, and for short trades, below. This serves as a confirmation that the current price is moving in the right direction relative to the volume-weighted average. Signal Generation and Quality Rating Base Signal (1 Star): The fundamental trade signal is generated when the SMA9/SMA20 crossover occurs, in combination with the MACD confirmation and the condition that the price is on the correct side of the Daily SMA200. This base signal provides a 1-star quality rating. Additional Filters (Adding Extra Stars): RSI Filter: Adds 1 extra star if the RSI condition is met (RSI > 50 for long or RSI < 50 for short). Volume Filter: Adds 1 extra star if the current volume exceeds its 20-period moving average. ADX Filter: Adds 1 extra star if the ADX value is above 25, confirming a strong trend. VWAP Filter: Adds 1 extra star if the price is above the VWAP for long trades (or below for short trades). When all filters are met, you get a 5-star rating (1 star base + 4 extra stars). Display and Alerts: The indicator plots your SMAs on the chart. When a signal occurs, it places a label on the chart showing the trade direction ("BUY" or "SELL") along with the quality rating in stars. Additionally, alert conditions are set up so that you can receive notifications when a valid signal (based on the base criteria) is generated. How to Use This Indicator Filtering Trades: Use the quality rating as a visual guide. For instance, if you want to only act on the most reliable setups, you might decide to trade only signals that are rated 4 or 5 stars. Manual Confirmation: Even with a high star rating, you can perform your own final checks (e.g., checking price action or additional chart patterns) before entering a trade. Backtesting and Adjustment: Because market conditions differ, it’s advisable to backtest the indicator on your instrument of choice and adjust the parameters (such as the ADX threshold or the period for volume averaging) to better suit your trading style. Conclusion This 5-star system indicator is designed to provide a comprehensive overview of trade quality by integrating multiple technical filters into one visual signal. It helps filter out noise by ensuring that a trade signal not only meets a basic SMA and MACD condition but also aligns with volume, trend strength (ADX), and VWAP criteria. This multi-layered approach can lead to fewer but higher quality trades, allowing you to focus on setups that have more confluence. Happy trading!
Penunjuk Pine Script®
oleh kiemonline2016
Trading Sessions Highs/Lows | InvrsROBINHOODTrading Sessions Highs/Lows | InvrsROBINHOOD 🚀 A powerful indicator for tracking key trading sessions and the highs and lows of each session! 📌 Description The Trading Sessions Highs/Lows indicator visually marks the most critical trading sessions—Asia, London, and New York—using small colored dots at the bottom of the candle. It also tracks and plots the highs and lows of each session, along with the Daily Open and Weekly Open levels. This tool is designed to help traders identify session-based liquidity zones, price reactions, and potential trade setups with minimal chart clutter. Key Features: ✅ Session markers (Asia, London, NY AM, NY Lunch, NY PM) plotted as small dots ✅ Plots session highs and lows for market structure insights ✅ Daily Open line for intraday reference ✅ Weekly Open line for higher timeframe bias ✅ Alerts for session high/low breaks to capture momentum shifts ✅ User-defined UTC offset for global traders ✅ Customizable session colors for personal preference 📖 How to Use the Indicator 1️⃣ Understanding the Sessions Asia Session (Yellow Dot) → Marks liquidity buildup & pre-London moves London Session (Blue Dot) → Strong volatility, breakout opportunities New York AM Session (Green Dot) → Major trends & institutional participation New York Lunch (Red Dot) → Low volume, ranging market New York PM Session (Dark Green Dot) → End-of-day movements & reversals 2️⃣ Session Highs & Lows for Market Structure Session Highs can act as resistance or breakout points. Session Lows can act as support or stop-hunt zones. Break of a session high/low with volume may indicate continuation or reversal. 3️⃣ Using the Daily & Weekly Open The Daily Open (Black Line) helps gauge the intraday trend. Above Daily Open → Bearish Bias Below Daily Open → Bullish Bias The Weekly Open (Red Line) sets the higher timeframe directional bias. 4️⃣ Alerts for Breakouts The indicator will trigger alerts when price breaks session highs or lows. Useful for setting stop-losses, breakout trades, and risk management. 💡 Why This Indicator is Important for Beginners 1️⃣ Avoids Overtrading: Many beginners trade in low-volume periods (NY Lunch, Asia session) and get stuck in choppy price action. This indicator highlights when volatility is high so traders focus on better opportunities. 2️⃣ Session-Based Liquidity Traps: Market makers often run stops at session highs/lows before reversing. Watching session breaks prevents traders from falling into liquidity grabs. 3️⃣ Reduces Emotional Trading: If price is above the Daily Open, a beginner shouldn’t look for shorts. If price is below a key session low, it may signal a fake breakout. 4️⃣ Aligns with Institutional Trading: Smart money traders use session highs/lows to set stop hunts & reversals. Beginners can use this indicator to spot these zones before entering trades. 🛡️ How to Mitigate Risk with This Indicator ✅ Wait for Confirmations – Don’t trade blindly at session highs/lows. Look for wicks, rejections, or break/retests. ✅ Use Stop-Loss Above/Below Session Levels – If you’re going long, set SL below a session low. If short, set SL above a session high. ✅ Watch Volume & News Events – Breakouts without strong volume or news may be fake moves. ✅ Combine with Other Strategies – Use price action, trendlines, or EMAs with this indicator for higher probability trades. ✅ Use the Weekly Open for Trend Bias – If price stays below the Weekly Open, avoid bullish setups unless key support holds. 🎯 Who is This Indicator For? 📌 Beginners who need clear session-based trading levels. 📌 Day traders & scalpers looking to refine their intraday setups. 📌 Smart money traders using liquidity concepts. 📌 Swing traders tracking higher timeframe momentum shifts. 🚀 Final Thoughts This indicator is an essential tool for traders who want to understand market structure, liquidity, and volatility cycles. Whether you’re trading forex, stocks, or crypto, it helps you stay on the right side of the market and avoid unnecessary risks. 🔹 Set it up, customize your colors, define your UTC offset, and start trading smarter today! 🏆📈
Penunjuk Pine Script®
oleh InvrsROBINHOOD
DataDoodles SD + ProbabilityDataDoodles SD + Probability Overview: The “DataDoodles SD + Probability” indicator is designed to provide traders with a statistical edge by leveraging standard deviation and probability metrics. This advanced tool calculates the annualized standard deviation, Z-score, and probability of price movements, offering insights into potential market direction with customizable alert thresholds. Key Features: 1. Annualized Standard Deviation (Volatility) Calculation: • Uses a user-defined period to compute the rolling standard deviation of daily returns. • Annualizes the volatility, giving a clear picture of expected price fluctuations. 2. Probability of Price Movement: • Calculates the probability of price moving up or down using a corrected Z-Score. • Displays the probability percentage for both upward and downward movements. 3. Dynamic Alerts: • Configurable alerts for upward and downward price movement probabilities. • Receive alerts when the probability exceeds user-defined thresholds. 4. Projections and Visuals: • Plots projected high and low price levels based on annualized volatility. • Displays Z-Score and probability metrics on the chart for quick reference. 5. Comprehensive Data Table: • Bottom-center table displays key metrics: • Daily Return • Standard Deviation (SD) • Annualized Standard Deviation (Yearly SD) User Inputs: • Annualization Period: Set the time frame for volatility annualization (Default: 252 days). • SD Period: Define the rolling window for calculating standard deviation (Default: 252 days). • Alert Probability Up/Down: Customize the probability thresholds for alerts (Default: 90%). How It Works: • Data Request and Calculation: • Uses daily close prices to ensure consistent timeframe calculations. • Calculates daily returns and annualizes the volatility using the square root of the time frame. • Probability Computation: • Employs a normal distribution CDF approximation to compute the probability of upward and downward price movements. • Adjusts probabilities based on Z-Score to ensure accuracy. • High and Low Projections: • Utilizes the annualized volatility to estimate high and low price projections for the year. • Visual Indicators and Alerts: • Plots projected high (green) and low (red) levels on the chart. • Displays Z-Score, probability percentages, and dynamically updates a statistics table. Use Cases: • Trend Analysis: Identify high-probability market movements using the probability metrics. • Volatility Insights: Understand annualized volatility to gauge market risk and potential price ranges. • Strategic Trading Decisions: Set alerts for high-probability scenarios to optimize entry and exit points. Why Use “DataDoodles SD + Probability”? This indicator provides a powerful combination of statistical analysis and visual representation. It empowers traders with: • Quantitative Edge: By leveraging probability metrics and standard deviation, users can make informed trading decisions. • Risk Management: Annualized volatility projections help in setting realistic stop-loss and take-profit levels. • Actionable Alerts: Customizable probability alerts ensure users are notified of potential market moves, allowing proactive trading strategies. Recommended Settings: • Annualization Period: 252 (Ideal for daily data representing a trading year) • SD Period: 252 (One trading year for consistent volatility calculations) • Alert Probability: Set to 90% for conservative signals or lower for more frequent alerts. Final Thoughts: The “DataDoodles SD + Probability” indicator is a robust tool for traders looking to integrate statistical analysis into their trading strategies. It combines volatility measurement, probability calculations, and dynamic alerts to provide a comprehensive market overview. Whether you’re a day trader or a long-term investor, this indicator can enhance your market insight and improve decision-making accuracy. Disclaimer: This indicator is a technical analysis tool designed for educational purposes. Past performance is not indicative of future results. Traders are encouraged to perform their own analysis and manage risk accordingly.
Penunjuk Pine Script®
oleh armthanathat
SMA with Std Dev Bands (Futures/US Stocks RTH)Rolling Daily SMA With Std Dev Bands Upgrade your technical analysis with Rolling Daily SMA With Std Dev Bands, a powerful indicator that dynamically adjusts to your trading instrument. Whether you’re analyzing futures or US stocks during regular trading hours (RTH), this indicator seamlessly applies the correct logic to calculate a rolling daily Simple Moving Average (SMA) with customizable standard deviation bands for precise trend and volatility tracking. Key Features: ✅ Automatic Instrument Detection– The indicator automatically recognizes whether you're trading futures or US equities and applies the correct daily lookback period based on your chart’s timeframe. - Futures: Uses full trading day lengths (e.g., 1380 bars for 1‑minute charts). - US Stocks (RTH): Uses regular session lengths (e.g., 390 bars for 1‑minute charts). ✅ Rolling Daily SMA (3‑pt Purple Line) – A continuously updated daily moving average, giving you an adaptive trend indicator based on market structure. ✅ Three Standard Deviation Bands (1‑pt White Lines) – - Customizable multipliers allow you to adjust each band’s width. - Toggle each band on or off to tailor the indicator to your strategy. - The inner band area is color-filled: light green when the SMA is rising, light red when falling, helping you quickly identify trend direction. ✅ Works on Any Chart Timeframe – Whether you trade on 1-minute, 3-minute, 5-minute, or 15-minute charts, the indicator adjusts dynamically to provide accurate rolling daily calculations. # How to Use: 📌 Identify Trends & Volatility Zones – The rolling daily SMA acts as a dynamic trend guide, while the standard deviation bands help spot potential overbought/oversold conditions. 📌 Customize for Precision – Adjust band multipliers and toggle each band on/off to match your trading style. 📌 Trade Smarter – The filled inner band offers instant visual feedback on market momentum, while the outer bands highlight potential breakout zones. 🔹 This is the perfect tool for traders looking to combine trend-following with volatility analysis in an easy-to-use, adaptive indicator. 🚀 Add Rolling Daily SMA With Std Dev Bands to your chart today and enhance your market insights! --- *Disclaimer: This indicator is for informational and educational purposes only and should not be considered financial advice. Always use proper risk management and conduct your own research before trading.*
Penunjuk Pine Script®
oleh PrestigeWorldwideTradingCo
Multi-Moving Average Buy/Sell IndicatorThis Multi-Moving Average Buy/Sell Indicator is a powerful and customizable tool designed to help traders identify potential buy and sell signals based on the interaction between price and multiple moving averages. Whether you're a day trader, swing trader, or long-term investor, this indicator provides clear visual cues and alerts to help you make informed trading decisions. Key Features 1. Multiple Moving Averages The indicator calculates four key moving averages: 9-period MA 20-period MA 50-period MA 180-period MA You can choose the type of moving average: SMA (Simple Moving Average) EMA (Exponential Moving Average) WMA (Weighted Moving Average) 2. Custom Timeframe Select a custom timeframe from a user-friendly dropdown menu: 1 Minute 5 Minutes 15 Minutes 30 Minutes 1 Hour 4 Hours Daily Weekly The indicator dynamically adjusts to the selected timeframe, making it suitable for all trading styles. 3. Buy/Sell Signals Buy Signal: Triggered when the price crosses above any of the moving averages. Sell Signal: Triggered when the price crosses below any of the moving averages. Signals are displayed as labels on the chart: Green "BUY" Label: Below the bar when a buy signal is triggered. Red "SELL" Label: Above the bar when a sell signal is triggered. 4. Visualization Toggle the visibility of all moving averages using the showAllMAs input. Moving averages are plotted with distinct colors for easy identification: 9 MA: Blue 20 MA: Orange 50 MA: Purple 180 MA: Teal 5. Alerts The indicator generates alerts for buy and sell signals, which can be used for notifications or automated trading. How to Use Add the Indicator: Open TradingView and go to the Pine Script Editor. Copy and paste the script into the editor. Click Add to Chart. Configure Inputs: maType: Choose the type of moving average (SMA, EMA, WMA). timeframe: Select a custom timeframe (e.g., "1 Minute", "Daily"). showSignals: Toggle to show or hide buy/sell signals. showAllMAs: Toggle to show or hide all moving averages. Interpret the Signals: Look for green "BUY" labels below the bars for potential buy opportunities. Look for red "SELL" labels above the bars for potential sell opportunities. Set Alerts: Use the built-in alert system to get notified when buy or sell signals are triggered. Example Use Cases Day Trading Use a 1-minute or 5-minute timeframe with an EMA for quick signals. Example Inputs: maType = "EMA" timeframe = "5 Minutes" showAllMAs = true Swing Trading Use a daily timeframe with an SMA for longer-term signals. Example Inputs: maType = "SMA" timeframe = "Daily" showAllMAs = false Why Use This Indicator? Versatility: Suitable for all trading styles and timeframes. Customization: Choose your preferred moving average type and timeframe. Clear Signals: Easy-to-read buy/sell labels and moving averages. Alerts: Never miss a trading opportunity with built-in alerts. Limitations False Signals: The indicator may generate false signals in choppy or sideways markets. Always combine it with other tools (e.g., RSI, volume analysis) for better accuracy. Timeframe Dependency: The effectiveness of the signals depends on the selected timeframe. Shorter timeframes may produce more signals but with higher noise. No Backtesting: The script does not include backtesting functionality. Test the strategy manually on historical data. Customization Options Add More Moving Averages: Modify the script to include additional moving averages (e.g., 200 MA). Change Signal Logic: Adjust the conditions for buy/sell signals (e.g., require confirmation from multiple moving averages). Add Alerts for Specific MAs: Create separate alerts for signals based on specific moving averages (e.g., only 9 MA or 50 MA).
Penunjuk Pine Script®
oleh bencosmeliranzo