Hourly Market Movement Pattern Indicator# Hourly Market Movement Pattern Indicator
This versatile technical analysis tool identifies the most active hours for trading by analyzing historical price movements. While it can be viewed on any timeframe chart, the indicator specifically tracks and displays which hours of the day historically show the strongest upward or downward price movements, helping traders optimize their trading schedule around these recurring hourly patterns.
## Core Features
- Tracks the best performing hours for both upward and downward movements
- Viewable on any timeframe chart while maintaining hourly analysis
- Clear visual display through a color-coded table overlay
- Real-time updates with new market data
- Works with all trading instruments (stocks, crypto, forex, futures, etc.)
## Timeframe Applications
### Chart Viewing Options
- Can be viewed on any timeframe chart (1min to Monthly)
- Maintains hourly pattern analysis regardless of chart timeframe
- Helps correlate hourly patterns with your preferred trading timeframe
- Allows detailed visualization of hourly patterns within your analysis period
### Intraday Trading
- Identify the most profitable hours for trading
- Plan trading sessions around historically strong hours
- Optimize entry and exit timing based on hourly patterns
- Structure day trading schedules around peak movement hours
### Swing Trading
- Use hourly statistics to optimize entry/exit timing
- Plan trade executions during historically strong hours
- Time position entries based on hourly success rates
- Enhance swing trading decisions with hourly pattern data
## Practical Applications
### Pattern Recognition
- Track recurring hourly market movements
- Identify institutional trading hour patterns
- Detect regular market cycle hours
- Recognize changes in hourly market behavior
### Risk Management
- Adjust position sizing based on historical hourly patterns
- Plan entries during statistically favorable hours
- Time stop loss adjustments around known volatile hours
- Scale positions according to hourly success rates
### Trade Planning
- Schedule trading sessions during optimal hours
- Plan trade executions around strong movement periods
- Structure trading day around peak hours
- Time position adjustments to favorable hours
## Setup Options
- Timeframe: View on any chart timeframe while tracking hourly patterns
- Visual Display: Non-intrusive table overlay
- Color Coding: Green for upward movements, Red for downward movements
- Hour Display: 24-hour format for global market compatibility
## Trading Strategy Integration
The indicator enhances trading approaches through:
- Optimal hour identification for trade execution
- Historical hourly pattern analysis
- Day trading session optimization
- Position timing based on hourly statistics
## Notes
This indicator proves particularly valuable for:
- Traders seeking to optimize their daily trading schedule
- Day traders focusing on peak market hours
- Swing traders optimizing entry/exit timing
- Traders adapting strategies to specific market hours
- International traders tracking hour-specific patterns across sessions
The tool's hourly pattern analysis provides crucial timing information regardless of your preferred chart timeframe or trading style, helping optimize trade execution around the most statistically favorable hours of the day.
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Rosiz Support 1### Description of the Custom Indicator: MACD + CMF + MOM
This custom indicator combines three powerful technical analysis tools: **MACD (Moving Average Convergence Divergence)**, **CMF (Chaikin Money Flow)**, and **MOM (Momentum)**, to provide a comprehensive view of market trends, momentum, and money flow in a single pane. Here's what each component offers:
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#### 1. **MACD (Moving Average Convergence Divergence)**
The **MACD** is a trend-following momentum indicator that shows the relationship between two moving averages of an asset’s price.
- **Purpose**: Identifies trend direction and momentum strength.
- **Key Components**:
- **MACD Line**: Difference between the fast and slow exponential moving averages (EMA).
- **Signal Line**: A smoothed moving average of the MACD line, acting as a trigger for buy/sell signals.
- **Histogram**: The difference between the MACD line and the signal line. Positive values indicate bullish momentum, while negative values indicate bearish momentum.
- **Usage**: Look for crossovers (MACD crossing the signal line) to identify potential trend changes.
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#### 2. **CMF (Chaikin Money Flow)**
The **CMF** measures the volume-weighted average of accumulation and distribution over a specific period. It shows whether money is flowing into or out of an asset.
- **Purpose**: Detects buying or selling pressure based on price and volume.
- **Key Components**:
- **Positive CMF**: Indicates that the asset is being accumulated (buying pressure).
- **Negative CMF**: Indicates that the asset is being distributed (selling pressure).
- **Usage**: Values above 0 suggest bullish strength, while values below 0 suggest bearish strength.
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#### 3. **MOM (Momentum)**
The **Momentum Indicator** measures the rate of change of an asset's price over a specified period. It helps traders identify the speed of price movements.
- **Purpose**: Highlights the strength and direction of price momentum.
- **Key Components**:
- **Momentum Line**: Positive values indicate upward momentum, while negative values indicate downward momentum.
- **Usage**: A rising momentum line suggests strengthening price trends, while a falling line indicates weakening trends.
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### Benefits of Combining These Indicators:
1. **Trend Confirmation**: MACD provides a clear picture of trend direction and potential reversals.
2. **Volume-Based Insights**: CMF adds a layer of confirmation by analyzing money flow based on price and volume.
3. **Momentum Analysis**: MOM reveals the speed and strength of price movements, helping traders confirm breakouts or trend exhaustion.
4. **Enhanced Decision-Making**: The combination of these indicators allows traders to make more informed decisions by evaluating different aspects of market behavior in one pane.
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### How to Use:
- **Identify Trends**: Use MACD to identify overall trend direction and reversals.
- **Confirm Momentum**: Check MOM to validate the strength of the trend.
- **Gauge Buying/Selling Pressure**: Refer to CMF to confirm whether the price movement is backed by accumulation or distribution.
- **Entry/Exit Points**: Look for MACD crossovers, CMF shifts above/below zero, and momentum changes to refine entry and exit strategies.
This powerful tool integrates the strengths of three indicators, making it ideal for traders looking to analyze market conditions holistically and improve their timing and accuracy.
Red Pill VWAP/RSI DivergenceI created this indicator to identify moments in time VWAP and RSI are diverging.
Ideally useful in strong trend, bullish or bearish, as a potential entry point on a pull back for continuation. Not to be used as a stand alone signal, but rather in conjunction with any possible trend/momentum strategy.
VWAP is identified as the blue line. Green label(blue pill) is your potential entry on a pull back when price is above, stacked EMAS & VWAP for a long position. Red label(red pill) is your potential entry on a pull back when price is below inversely stacked EMAS & VWAP for a short position. These are the 2 ideal scenarios I have found. Please back test for yourself
I have had great results but must emphasis this is not a stand alone buy/sell. I use it in confluence to add conviction to my current A+ setups.
***Pivot ribbon in chart created by Saty Mahajan set to 3/10 time warp works ideal in conjunction.
***please note false positive and false negative signals can occur, particularly in chop
I hope you find this helpful . TRADE SAFE!
EBL - Enigma BOS LogicThe EBL - Enigma BOS Logic indicator is designed to detect key trend reversal points with precision by leveraging a unique concept based on two-candle price action analysis. Inspired by the balance of pairs in creation, this indicator identifies trend changes by focusing on significant bullish and bearish candle pairs, storing key levels, and waiting for confirmation to provide actionable trade signals. It goes beyond conventional trend-following indicators by offering real-time alerts and clear visual cues for traders.
How It Works
Bullish Setup:
The indicator identifies a bullish candle followed by a bearish candle. It then stores the high of the bullish candle as a potential reversal level.
A bullish confirmation occurs when a future bullish candle closes above the stored high. When this happens:
A green arrow is plotted below the confirming candle.
A horizontal green line is drawn at the stored high level, extending forward by a user-defined number of bars.
An alert is triggered to notify the trader of a confirmed bullish trend.
Bearish Setup:
The indicator identifies a bearish candle followed by a bullish candle. It stores the low of the bearish candle as a potential reversal level.
A bearish confirmation occurs when a future bearish candle closes below the stored low. When this happens:
A red arrow is plotted above the confirming candle.
A horizontal red line is drawn at the stored low level, extending forward by a user-defined number of bars.
An alert is triggered to notify the trader of a confirmed bearish trend.
Touch or Cross Alerts:
In addition to initial trend confirmation, the indicator tracks price movements relative to the drawn horizontal lines.
If the price returns to touch or cross a previously drawn horizontal line, an alert is triggered, indicating a potential re-entry or retracement opportunity.
Customization Options
To make the indicator versatile and adaptable for different trading styles, several customization options are provided:
Line Colors: Traders can customize the colors of the bullish and bearish lines.
Show/Hide Arrows and Lines: Users can choose whether to display the arrows and horizontal lines on the chart.
Line Length: The length of the horizontal lines (number of bars they extend into the future) is user-defined, offering flexibility based on trading timeframes and preferences.
Use Cases
Trend Reversal Detection: EBL is ideal for identifying key trend reversals, allowing traders to enter trades with a high probability of success.
Breakout Confirmation: The indicator provides visual and alert-based confirmation of breakouts beyond critical support or resistance levels.
Re-entry Opportunities: With alerts for price touching or crossing horizontal lines, traders can spot potential re-entry points during retracements.
Conceptual Foundation
The methodology behind this indicator is rooted in the principle that markets often move in pairs of bullish and bearish forces. By tracking the interaction between consecutive bullish and bearish candles and waiting for clear confirmations, this indicator ensures that only high-probability trend changes are signaled. This reduces noise and enhances trading accuracy, making it suitable for scalping, day trading, and swing trading across various timeframes.
How to Use
Apply the indicator to any chart and timeframe of your choice.
Set your preferred customization options, including line colors, arrow display, and line length.
Watch for arrows and listen for alerts to identify confirmed trend changes.
Pay attention to touch or cross alerts on horizontal lines, as these can signal potential re-entry or secondary trade opportunities.
Combine with other analysis: While EBL is powerful on its own, combining it with support/resistance analysis, moving averages, or volume indicators can further enhance its effectiveness.
This indicator is a powerful tool for traders seeking precision in identifying trend changes and actionable trade signals. Its unique logic, real-time alerts, and clear visual cues make it a valuable addition to any trader’s toolkit.
Fibonacci Trend [ChartPrime]Fibonacci Trend Indicator
This powerful indicator leverages supertrend analysis to detect market direction while overlaying dynamic Fibonacci levels to highlight potential support, resistance, and optimal trend entry zones. With its straightforward design, it is perfect for traders looking to simplify their workflow and enhance decision-making.
⯁ KEY FEATURES AND HOW TO USE
⯌ Supertrend Trend Identification :
The indicator uses a supertrend algorithm to identify market direction. It displays purple for downtrends and green for uptrends, ensuring quick and clear trend analysis.
⯌ Fibonacci Levels for Current Swings :
Automatically calculates Fibonacci retracement levels (0.236, 0.382, 0.618, 0.786) for the current swing leg.
- These levels act as key zones for potential support, resistance, and trend continuation.
- The high and low swing points are labeled with exact prices, ensuring clarity.
- If the swing range is insufficient (less than five times ATR), Fibonacci levels are not displayed, avoiding irrelevant data.
⯌ Extended Fibonacci Levels :
User-defined extensions project Fibonacci levels into the future, aiding traders in planning price targets or projecting key zones.
⯌ Optimal Trend Entry Zone :
A filled area between 0.618 and 0.786 levels visually highlights the optimal entry zone for trend continuation. This allows traders to refine their entry points during pullbacks.
⯌ Diagonal Trend Line :
A dashed diagonal line connects the swing high and low, visually confirming the range and trend strength of the current swing.
⯌ Visual Labels for Fibonacci Levels :
Each Fibonacci level is marked with a label displaying its value for quick reference.
⯁ HOW TRADERS CAN POTENTIALLY USE THIS TOOL
Fibonacci Retracements:
Use the Fibonacci retracement levels to find key support or resistance zones where the price may pull back before continuing its trend.
Example: Enter long trades when the price retraces to 0.618–0.786 levels in an uptrend.
Fibonacci Extensions:
Use Fibonacci extensions to project future price targets based on the current trend's swing leg. Levels like 127.2% and 161.8% are commonly used as profit-taking zones.
Reversal Identification:
Spot potential reversals by monitoring price reactions at key Fibonacci retracement levels (e.g., 0.236 or 0.382) or the swing high/low.
Optimal Trend Entries:
The filled zone between 0.618 and 0.786 is a statistically strong area for entering a position in the direction of the trend.
Example: Enter long positions during retracements to this range in an uptrend.
Risk Management:
Set stop-losses below key Fibonacci levels or the swing low/high, and take profits at extension levels, enhancing your trade management strategies.
⯁ CONCLUSION
The Fibonacci Trend Indicator is a straightforward yet effective tool for identifying trends and key Fibonacci levels. It simplifies analysis by integrating supertrend-based trend identification with Fibonacci retracements, extensions, and optimal entry zones. Whether you're a beginner or experienced trader, this indicator is an essential addition to your toolkit for trend trading, reversal spotting, and risk management.
MMXM ICT [TradingFinder] Market Maker Model PO3 CHoCH/CSID + FVG🔵 Introduction
The MMXM Smart Money Reversal leverages key metrics such as SMT Divergence, Liquidity Sweep, HTF PD Array, Market Structure Shift (MSS) or (ChoCh), CISD, and Fair Value Gap (FVG) to identify critical turning points in the market. Designed for traders aiming to analyze the behavior of major market participants, this setup pinpoints strategic areas for making informed trading decisions.
The document introduces the MMXM model, a trading strategy that identifies market maker activity to predict price movements. The model operates across five distinct stages: original consolidation, price run, smart money reversal, accumulation/distribution, and completion. This systematic approach allows traders to differentiate between buyside and sellside curves, offering a structured framework for interpreting price action.
Market makers play a pivotal role in facilitating these movements by bridging liquidity gaps. They continuously quote bid (buy) and ask (sell) prices for assets, ensuring smooth trading conditions.
By maintaining liquidity, market makers prevent scenarios where buyers are left without sellers and vice versa, making their activity a cornerstone of the MMXM strategy.
SMT Divergence serves as the first signal of a potential trend reversal, arising from discrepancies between the movements of related assets or indices. This divergence is detected when two or more highly correlated assets or indices move in opposite directions, signaling a likely shift in market trends.
Liquidity Sweep occurs when the market targets liquidity in specific zones through false price movements. This process allows major market participants to execute their orders efficiently by collecting the necessary liquidity to enter or exit positions.
The HTF PD Array refers to premium and discount zones on higher timeframes. These zones highlight price levels where the market is in a premium (ideal for selling) or discount (ideal for buying). These areas are identified based on higher timeframe market behavior and guide traders toward lucrative opportunities.
Market Structure Shift (MSS), also referred to as ChoCh, indicates a change in market structure, often marked by breaking key support or resistance levels. This shift confirms the directional movement of the market, signaling the start of a new trend.
CISD (Change in State of Delivery) reflects a transition in price delivery mechanisms. Typically occurring after MSS, CISD confirms the continuation of price movement in the new direction.
Fair Value Gap (FVG) represents zones where price imbalance exists between buyers and sellers. These gaps often act as price targets for filling, offering traders opportunities for entry or exit.
By combining all these metrics, the Smart Money Reversal provides a comprehensive tool for analyzing market behavior and identifying key trading opportunities. It enables traders to anticipate the actions of major players and align their strategies accordingly.
MMBM :
MMSM :
🔵 How to Use
The Smart Money Reversal operates in two primary states: MMBM (Market Maker Buy Model) and MMSM (Market Maker Sell Model). Each state highlights critical structural changes in market trends, focusing on liquidity behavior and price reactions at key levels to offer precise and effective trading opportunities.
The MMXM model expands on this by identifying five distinct stages of market behavior: original consolidation, price run, smart money reversal, accumulation/distribution, and completion. These stages provide traders with a detailed roadmap for interpreting price action and anticipating market maker activity.
🟣 Market Maker Buy Model
In the MMBM state, the market transitions from a bearish trend to a bullish trend. Initially, SMT Divergence between related assets or indices reveals weaknesses in the bearish trend. Subsequently, a Liquidity Sweep collects liquidity from lower levels through false breakouts.
After this, the price reacts to discount zones identified in the HTF PD Array, where major market participants often execute buy orders. The market confirms the bullish trend with a Market Structure Shift (MSS) and a change in price delivery state (CISD). During this phase, an FVG emerges as a key trading opportunity. Traders can open long positions upon a pullback to this FVG zone, capitalizing on the bullish continuation.
🟣 Market Maker Sell Model
In the MMSM state, the market shifts from a bullish trend to a bearish trend. Here, SMT Divergence highlights weaknesses in the bullish trend. A Liquidity Sweep then gathers liquidity from higher levels.
The price reacts to premium zones identified in the HTF PD Array, where major sellers enter the market and reverse the price direction. A Market Structure Shift (MSS) and a change in delivery state (CISD) confirm the bearish trend. The FVG then acts as a target for the price. Traders can initiate short positions upon a pullback to this FVG zone, profiting from the bearish continuation.
Market makers actively bridge liquidity gaps throughout these stages, quoting continuous bid and ask prices for assets. This ensures that trades are executed seamlessly, even during periods of low market participation, and supports the structured progression of the MMXM model.
The price’s reaction to FVG zones in both states provides traders with opportunities to reduce risk and enhance precision. These pullbacks to FVG zones not only represent optimal entry points but also create avenues for maximizing returns with minimal risk.
🔵 Settings
Higher TimeFrame PD Array : Selects the timeframe for identifying premium/discount arrays on higher timeframes.
PD Array Period : Specifies the number of candles for identifying key swing points.
ATR Coefficient Threshold : Defines the threshold for acceptable volatility based on ATR.
Max Swing Back Method : Choose between analyzing all swings ("All") or a fixed number ("Custom").
Max Swing Back : Sets the maximum number of candles to consider for swing analysis (if "Custom" is selected).
Second Symbol for SMT : Specifies the second asset or index for detecting SMT divergence.
SMT Fractal Periods : Sets the number of candles required to identify SMT fractals.
FVG Validity Period : Defines the validity duration for FVG zones.
MSS Validity Period : Sets the validity duration for MSS zones.
FVG Filter : Activates filtering for FVG zones based on width.
FVG Filter Type : Selects the filtering level from "Very Aggressive" to "Very Defensive."
Mitigation Level FVG : Determines the level within the FVG zone (proximal, 50%, or distal) that price reacts to.
Demand FVG : Enables the display of demand FVG zones.
Supply FVG : Enables the display of supply FVG zones.
Zone Colors : Allows customization of colors for demand and supply FVG zones.
Bottom Line & Label : Enables or disables the SMT divergence line and label from the bottom.
Top Line & Label : Enables or disables the SMT divergence line and label from the top.
Show All HTF Levels : Displays all premium/discount levels on higher timeframes.
High/Low Levels : Activates the display of high/low levels.
Color Options : Customizes the colors for high/low lines and labels.
Show All MSS Levels : Enables display of all MSS zones.
High/Low MSS Levels : Activates the display of high/low MSS levels.
Color Options : Customizes the colors for MSS lines and labels.
🔵 Conclusion
The Smart Money Reversal model represents one of the most advanced tools for technical analysis, enabling traders to identify critical market turning points. By leveraging metrics such as SMT Divergence, Liquidity Sweep, HTF PD Array, MSS, CISD, and FVG, traders can predict future price movements with precision.
The price’s interaction with key zones such as PD Array and FVG, combined with pullbacks to imbalance areas, offers exceptional opportunities with favorable risk-to-reward ratios. This approach empowers traders to analyze the behavior of major market participants and adopt professional strategies for entry and exit.
By employing this analytical framework, traders can reduce errors, make more informed decisions, and capitalize on profitable opportunities. The Smart Money Reversal focuses on liquidity behavior and structural changes, making it an indispensable tool for financial market success.
Volume Comparison with Buyer/Seller PressureTHIS indicator is well-structured and provides a comprehensive way to analyze volume alongside buyer and seller pressure. This indicator helps traders analyze volume dynamics in the stock or cryptocurrency market while simultaneously assessing buyer and seller pressure. Its use case revolves around identifying strong buying or selling activity, neutral conditions, and volume trends over different time periods. Below is a breakdown of how to use this indicator:
This Pine Script indicator helps traders analyze volume dynamics in the stock or cryptocurrency market while simultaneously assessing buyer and seller pressure. Its use case revolves around identifying strong buying or selling activity, neutral conditions, and volume trends over different time periods. Below is a breakdown of how to use this indicator:
Key Features and Use Case
Volume-Based Insights:
Displays daily volume and compares it to the 3-day, 5-day, 10-day, and 20-day moving averages of volume. Helps traders identify days with unusual volume spikes relative to historical averages, signaling potential reversals or breakouts.
Buyer and Seller Pressure:
Measures buyer pressure: how much the closing price dominates the trading range of the day.
Measures seller pressure: how much the opening price dominates the trading range of the day.
Highlights areas where buying or selling pressure is particularly strong (≥ 0.75).
Background Signals:
Green Background: Strong buyer pressure (indicative of potential upward momentum).
Red Background: Strong seller pressure (indicative of potential downward momentum).
Gray Background: Neutral market conditions (neither buying nor selling dominance).
Alerts:
Alerts traders when:
Strong buying signals are detected.
Strong selling signals are detected.
The market is neutral, with neither buyers nor sellers in control.
Decision-Making Aid:
Combines volume analysis with price action (buyer/seller pressure) to help traders identify:
Potential breakout opportunities.
Reversal points.
Neutral zones where a trader might avoid trading due to indecision in the market.
How to Use It in Trading:------->
Add the Indicator:
Apply this Indicator to your Trading View chart to start visualizing the buyer/seller pressure and volume averages.
Interpret Volume Trends:
Look for days when daily volume significantly exceeds the 3-day, 5-day, 10-day, or 20-day average.
These could indicate:
A breakout when aligned with strong buyer pressure.
A sell-off when aligned with strong seller pressure.
React to Background Colors:
* Green Background (Strong Buyer Pressure):
Suggests buyers are dominating the market, and upward momentum is likely.
Use this signal to consider buying opportunities, especially if volume is above average.
* Red Background (Strong Seller Pressure):
Indicates sellers are in control, and prices might fall.
Use this signal to consider selling or shorting opportunities.
* Gray Background (Neutral Market):
Reflects indecision; avoid entering trades during these periods unless other signals support a strategy.
Volume Confirmation:
Combine volume analysis with buyer/seller pressure to confirm trends.
Example: A high daily volume with strong buyer pressure signals a high-probability uptrend.
Set Alerts:
Enable alerts to receive real-time notifications when the market generates strong buy/sell signals or enters a neutral zone.
Who Can Benefit:
* Day Traders: Quickly assess intraday market dynamics and volume trends.
* Swing Traders: Identify breakout opportunities or reversal points based on strong buyer/seller pressure.
* Volume Analysts: Compare historical volume averages to current conditions for deeper insights.
Limitations:
Does not guarantee success—should be combined with other technical indicators or strategies.
In low-volume markets, signals may produce false positives or unreliable results.
Assumes traders have basic knowledge of price action and volume analysis.
By integrating this indicator into your strategy, you gain a powerful tool to analyze buyer/seller dominance alongside volume trends, improving your market timing and trade execution.
The Buyer and Seller Pressure components in this indicator provide crucial insights into the market's sentiment and momentum by analyzing the price action relative to the trading volume. Here's how they are used:
1. Buyer Pressure:
Formula:
Buyer Pressure = (Close − Open) / (High − Low )
Interpretation:
* A high buyer pressure (≥ 0.75) indicates strong bullish sentiment, where the price closes much higher than it opened, and the range (high-low) is sufficiently wide.
* It identifies periods of aggressive buying, often signaling potential bullish trends or confirming upward momentum.
2. Seller Pressure:
Formula:
Seller Pressure = (Close − Open ) / (High -Low )
Interpretation:
*A high seller pressure (≥ 0.75) suggests strong bearish sentiment, where the price closes much lower than it opened, within a wide range.
*It helps identify periods of aggressive selling, signaling potential bearish trends or downward momentum.
Purpose in the Indicator:
1. Market Sentiment Analysis:
* Buyer Pressure and Seller Pressure allow traders to gauge market sentiment—whether buyers or sellers dominate a particular time frame.
* This helps in identifying trend reversals or confirmations.
2. Decision-Making Framework:
* The indicator uses thresholds (default 0.75) to classify the market into:
* Strong Buy Signal: When buyer pressure is dominant.
* Strong Sell Signal: When seller pressure is dominant.
* Neutral Signal: When neither buyer nor seller pressure dominates.
*This classification provides a straightforward decision-making tool for traders.
Risk Management:
*By identifying periods of strong buying or selling, traders can avoid entering trades in highly volatile or one-sided markets, which helps reduce risk.
Volume Confirmation:
*Integrating volume data with buyer/seller pressure helps confirm trends. For example:
*High buyer pressure accompanied by higher-than-average volume strengthens the bullish signal.
*Similarly, high seller pressure with higher-than-average volume confirms bearish signals.
Trade Timing:
*The indicator highlights conditions of potential entry (strong buy) or exit (strong sell), allowing traders to time their trades better based on real-time market activity.
Use Case:
*Example:
*Suppose the indicator shows Buyer Pressure = 0.85 with daily volume above the 3-day average. This combination suggests strong bullish activity with momentum, signaling a buy opportunity.
*Conversely, if Seller Pressure = 0.80 with volume above the 5-day average, it signals strong bearish momentum, ideal for selling or shorting.
This indicator combines buyer/seller pressure with volume dynamics, making it valuable for short-term and intraday traders looking for precise market entries and exits.
The background color in this indicator plays an important visual role in helping traders quickly identify the market sentiment based on buyer and seller pressure. It provides a dynamic, color-coded background that changes depending on the strength of the market's buying or selling activity.
Here's how it works:
Background Color Logic:
1. Green Background (Strong Buy Signal):
*Condition: The background turns green when buyer pressure is greater than or equal to 0.75 (strong buying pressure).
*Interpretation: A green background indicates that there is significant bullish sentiment in the market, with strong buying activity. Traders can interpret this as an environment conducive to buying or holding long positions.
*Visual Effect: This helps to quickly spot bullish market conditions, reinforcing potential entry signals for buyers.
2.Red Background (Strong Sell Signal):
*Condition: The background turns red when seller pressure is greater than or equal to 0.75 (strong selling pressure).
*Interpretation: A red background indicates that the market is dominated by selling, showing strong bearish sentiment. Traders can consider this as a signal to sell or short the asset.
*Visual Effect: The red background highlights moments when the market is heavily selling, prompting traders to either exit long positions or take short positions.
Gray Background (Neutral/Indecision Zone):
Condition: The background turns gray when neither buyer nor seller pressure exceeds 0.75. This means the market is neutral, with no dominant bullish or bearish sentiment.
Interpretation: A gray background suggests market indecision or balance between buyers and sellers. It can indicate periods of consolidation or sideways movement where no strong trend is forming.
Visual Effect: The gray background helps traders avoid entering trades when the market lacks a clear direction or when the sentiment is neutral, reducing risk during indecisive times.
Practical Use:
Instant Visual Confirmation:
*Traders can use the background color as an instant confirmation of the market’s sentiment. For instance, if the background turns green, traders might feel more confident in making a long (buy) trade.
*If the background turns red, it serves as a strong visual cue to short or exit a long position.
Helps with Trade Timing:
*The background color can be used in conjunction with other indicators and volume data to time entries and exits more effectively. For example:
*A green background with strong volume indicates a strong trend that could justify a buy.
*A red background with a significant volume surge signals strong selling pressure, which could prompt a sell.
Simplifies Market Analysis:
*For traders who prefer visual cues over complex analysis, the background color simplifies market conditions. Instead of focusing on individual numbers or values, the color-coded background gives them a quick, intuitive view of the market sentiment.
Summary:
* Green background = Strong buying pressure (bullish sentiment)
* Red background = Strong selling pressure (bearish sentiment)
* Gray background = Neutral market (indecision or balance between buyers and sellers)
This background color functionality helps traders stay aware of the prevailing market sentiment at a glance, providing an intuitive way to guide trading decisions.
First 5-Minute Premarket High/Low Break RetestDay trading method that uses the 5 minute candle high and low but trade on the 1 minute chart.
This is a break and retest trading strategy based on the market open 5 minute high and low candle.
Additional levels would be the premarket high and low plotted in blue on the chart. It's not uncommon for the 5 minute to be near the premarket high and low zone.
The break and restest of the 5 minute white lines either to the downside or upside. Once a hammer or long wick candle forms near or touching the retest of the 5 minute line that indicates an entry point.
It's best to have another confirmation for entry such as the 13 and 100 ema cross to confirm good position and risk.
This is a repetable and solid trading strategy. The indicator was created to plot on the 1 and 5 minute charts.
Dominant Smoothed Volume Pro Smoothed Volume Pro provides a useful tool designed to provide traders with a deeper understanding of market dynamics by analyzing buy and sell volume across multiple timeframes. Unlike traditional volume indicators, this script normalizes volume data from lower timeframes to align with the current chart's timeframe, providing an apples-to-apples comparison. The result is a visual histogram representation of the dominant buy or sell activity, smoothed over 5 different periods to reflect momentum shifts and enhance clarity.
Core Methodology
1. Multi-Timeframe Volume Analysis
This indicator leverages data from five different lower timeframes, each chosen dynamically based on the current chart's timeframe. By aggregating and normalizing these granular data points, the indicator captures subtle shifts in buy and sell volume that might otherwise go unnoticed. This multi-timeframe approach allows for a more detailed and accurate representation of market activity.
2. Data Normalization
Normalization is a critical component of this indicator. It ensures that volume data from lower timeframes is scaled appropriately to match the total volume of the current chart's timeframe. This step eliminates discrepancies caused by varying time intervals, providing a more meaningful comparison of volume trends across different periods.
3. Smoothing for Momentum Representation
The indicator employs five customizable smoothing factors to smooth out noisy volume data.
Each smoothing factor is distinctly color-coded in the histogram and table for intuitive analysis, helping traders quickly identify prevailing trends.
Features and Benefits
➖Customizable Smoothing Factors: Choose from five different smoothing factors, each with its unique settings for line styles, colors, and extensions.
➖Normalized Buy and Sell Volume: Displays normalized buy and sell volumes as a percentage of total activity, aiding in quick decision-making.
➖Visual Cues: Color-coded columns and labels help identify dominant trends at a glance, with high-opacity fills for visual clarity.
➖Dynamic Table: A built-in table summarizes smoothed volume data for each smoothing factor, offering a quick overview of bullish and bearish percentages.
➖Momentum Signals: Detect significant shifts in volume momentum with visually distinct alerts for high relative volumes, including special symbols like "⚡" and "🔥."
Practical Applications
➖Identifying Market Sentiment: Quickly determine whether the market is dominated by buyers or sellers at any given moment.
➖Spotting Reversals: Use momentum shifts in smoothed volume to anticipate potential trend reversals.
➖Enhancing Entry and Exit Points: Combine this indicator with other technical tools to refine entry and exit points in your trading strategy.
Why This Indicator Stands Out
Many existing volume indicators focus solely on raw or single-timeframe data, which can be misleading or incomplete. This indicator sets itself apart by:
Utilizing multi-timeframe data to provide a holistic view of market activity.
Applying robust normalization techniques to ensure data consistency.
Offering advanced smoothing options to emphasize actionable momentum signals.
This unique combination of features makes it an indispensable tool for traders seeking to enhance their market analysis and decision-making process.
As always, by combining the Smoothed Volume Pro with other tools, traders ensure that they are not relying on a single indicator. This layered approach can reduce the likelihood of false signals and improve overall trading accuracy.
Here's an additional visual representation using the plot fills:
Triple Power Stop [CHE]Triple Power Stop
This indicator provides a comprehensive multi-timeframe approach for stop level and trend analysis, tailored for traders who want enhanced precision and adaptability in their trading strategies. Here's what makes the Triple Power Stop (CHE) stand out:
Key Features:
1. ATR-Based Stop Levels:
- Uses the Average True Range (ATR) to dynamically calculate stop levels, ensuring sensitivity to market volatility.
- Adjustable ATR multiplier for fine-tuning the stop levels to fit different trading styles.
2. Multi-Timeframe Analysis:
- Evaluates trends across three different timeframes with user-defined multipliers.
- Enables deeper insight into the market's broader context while keeping the focus on precision.
3. Dynamic Volatility Adjustment:
- Introduces a unique volatility factor to enhance stop-level calculations.
- Adapts to market conditions, offering reliable support for both trending and ranging markets.
4. Clear Trend Visualization:
- Stop levels and trends are visually represented with color-coded lines (green for uptrend, red for downtrend).
- Seamlessly integrates trend changes and helps identify potential reversals.
5. Signal Alerts:
- Long and short entry signals are plotted directly on the chart for actionable insights.
- Eliminates guesswork and provides clarity in decision-making.
6. Customizability:
- Adjustable parameters such as ATR length, multipliers, and label counts, allowing traders to tailor the indicator to their strategies.
Practical Use:
The Triple Power Stop (CHE) is ideal for traders who want to:
- Manage risk effectively: With dynamically calculated stop levels, traders can protect their positions while allowing room for natural market fluctuations.
- Follow the trend: Multi-timeframe trend detection ensures alignment with broader market movements.
- Simplify decisions: Clear visual indicators and signals make trading decisions more intuitive and less stressful.
How to Use:
1. Set the ATR length and multiplier values based on your risk tolerance and trading strategy.
2. Choose multipliers for different timeframes to adapt the indicator to your preferred resolutions.
3. Use the color-coded trend lines and entry signals to time your trades and manage positions efficiently.
Disclaimer:
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Enhance your trading precision and confidence with Triple Power Stop (CHE)! 🚀
Happy trading
Chervolino
P/L CalculatorDescription of the P/L Calculator Indicator
The P/L Calculator is a dynamic TradingView indicator designed to provide traders with real-time insights into profit and loss metrics for their trades. It visualizes key levels such as entry price, profit target, and stop-loss, while also calculating percentage differences and net profit or loss, factoring in fees.
Features:
Customizable Input Parameters:
Entry Price: Define the starting price of the trade.
Profit and Stop-Loss Levels (%): Set percentage thresholds for targets and risk levels.
USDT Amount: Specify the trade size for precise calculations.
Trade Type: Choose between "Long" or "Short" positions.
Visual Representation:
Entry Price, Profit Target, and Stop-Loss levels are plotted as horizontal lines on the chart.
Line styles, colors, and thicknesses are fully customizable for better visibility.
Real-Time Metrics:
Percentage difference between the live price and the entry price is calculated dynamically.
Profit/Loss (P/L) and fees are computed in real time to display net profit or loss.
Alerts:
Alerts are triggered when:
The live price hits the profit target.
The live price crosses the stop-loss level.
The price reaches the specified entry level.
A user-defined percentage difference is reached.
Labels and Annotations:
Displays percentage difference, P/L, and fee information in a clear label near the live price.
Custom Fee Integration:
Allows input of trading fees (%), enabling accurate net profit or loss calculations.
Price Scale Visualization:
Displays the percentage difference on the price scale for enhanced context.
Use Case:
The P/L Calculator is ideal for traders who want to monitor their trades' performance and make informed decisions without manually calculating metrics. Its visual cues and alerts ensure you stay updated on critical levels and price movements.
This indicator supports a wide range of trading styles, including swing trading, scalping, and position trading, making it a versatile tool for anyone in the market.
Poisson Projection of Price Levels### **Poisson Projection of Price Levels**
**Overview:**
The *Poisson Projection of Price Levels* is a cutting-edge technical indicator designed to identify and visualize potential support and resistance levels based on historical price interactions. By leveraging the Poisson distribution, this tool dynamically adjusts the significance of each price level's past "touches" to project future interactions with varying degrees of probability. This probabilistic approach offers traders a nuanced view of where price levels may hold or react in upcoming bars, enhancing both analysis and trading strategies.
---
**🔍 **Math & Methodology**
1. **Strata Levels:**
- **Definition:** Strata are horizontal lines spaced evenly around the current closing price.
- **Calculation:**
\
where \(i\) ranges from 0 to \(\text{Strata Count} - 1\).
2. **Forecast Iterations:**
- **Structure:** The indicator projects five forecast iterations into the future, each spaced by a Fibonacci sequence of bars: 2, 3, 5, 8, and 13 bars ahead. This spacing is inspired by the Fibonacci sequence, which is prevalent in financial market analysis for identifying key levels.
- **Purpose:** Each iteration represents a distinct forecast point where the price may interact with the strata, allowing for a multi-step projection of potential price levels.
3. **Touch Counting:**
- **Definition:** A "touch" occurs when the closing price of a bar is within half the increment of a stratum level.
- **Process:** For each stratum and each forecast iteration, the indicator counts the number of touches within a specified lookback window (e.g., 80 bars), offset by the forecasted position. This ensures that each iteration's touch count is independent and contextually relevant to its forecast horizon.
- **Adjustment:** Each forecast iteration analyzes a unique segment of the lookback window, offset by its forecasted position to ensure independent probability calculations.
4. **Poisson Probability Calculation:**
- **Formula:**
\
\
- **Interpretation:** \(p(k=1)\) represents the probability of exactly one touch occurring within the lookback window for each stratum and iteration.
- **Application:** This probability is used to determine the transparency of each stratum line, where higher probabilities result in more opaque (less transparent) lines, indicating stronger historical significance.
5. **Transparency Mapping:**
- **Calculation:**
\
- **Purpose:** Maps the Poisson probability to a visual transparency level, enhancing the readability of significant strata levels.
- **Outcome:** Strata with higher probabilities (more historical touches) appear more opaque, while those with lower probabilities appear fainter.
---
**📊 **Comparability to Standard Techniques**
1. **Support and Resistance Levels:**
- **Traditional Approach:** Traders identify support and resistance based on historical price reversals, pivot points, or psychological price levels.
- **Poisson Projection:** Automates and quantifies this process by statistically analyzing the frequency of price interactions with specific levels, providing a probabilistic measure of significance.
2. **Statistical Modeling:**
- **Standard Models:** Techniques like Moving Averages, Bollinger Bands, or Fibonacci Retracements offer dynamic and rule-based levels but lack direct probabilistic interpretation.
- **Poisson Projection:** Introduces a discrete event probability framework, offering a unique blend of statistical rigor and visual clarity that complements traditional indicators.
3. **Event-Based Analysis:**
- **Financial Industry Practices:** Event studies and high-frequency trading models often use Poisson processes to model order arrivals or price jumps.
- **Indicator Application:** While not identical, the use of Poisson probabilities in this indicator draws inspiration from event-based modeling, applying it to the context of price level interactions.
---
**💡 **Strengths & Advantages**
1. **Innovative Visualization:**
- Combines statistical probability with traditional support/resistance visualization, offering a fresh perspective on price level significance.
2. **Dynamic Adaptability:**
- Parameters like strata increment, lookback window, and probability threshold are user-defined, allowing customization across different markets and timeframes.
3. **Independent Probability Calculations:**
- Each forecast iteration calculates its own Poisson probability, ensuring that projections are contextually relevant and independent of other iterations.
4. **Clear Visual Cues:**
- Transparency-based coloring intuitively highlights significant price levels, making it easier for traders to identify key areas of interest at a glance.
---
**⚠️ **Limitations & Considerations**
1. **Poisson Assumptions:**
- Assumes that touches occur independently and at a constant average rate (\(\lambda\)), which may not always align with market realities characterized by trends and volatility clustering.
2. **Computational Intensity:**
- Managing multiple iterations and strata can be resource-intensive, potentially affecting performance on lower-powered devices or with very high lookback windows.
3. **Interpretation Complexity:**
- While transparency offers visual clarity, understanding the underlying probability calculations requires a basic grasp of Poisson statistics, which may be a barrier for some traders.
---
**📢 **How to Use It**
1. **Add to TradingView:**
- Open TradingView and navigate to the Pine Script Editor.
- Paste the script above and click **Add to Chart**.
2. **Configure Inputs:**
- **Strata Increment:** Set the desired price step between strata (e.g., `0.1` for 10 cents).
- **Lookback Window:** Define how many past bars to consider for calculating Poisson probabilities (e.g., `80`).
- **Probability Transparency Threshold (%):** Set the threshold percentage to map probabilities to line transparency (e.g., `25%`).
3. **Understand the Forecast Iterations:**
- The indicator projects five forecast points into the future at bar spacings of 2, 3, 5, 8, and 13 bars ahead.
- Each iteration independently calculates its Poisson probability based on the touch counts within its specific lookback window offset by its forecasted position.
4. **Interpret the Visualization:**
- **Opaque Lines:** Indicate higher Poisson probabilities, suggesting historically significant price levels that are more likely to interact again.
- **Fainter Lines:** Represent lower probabilities, indicating less historically significant levels that may be less likely to interact.
- **Forecast Spacing:** The spacing of 2, 3, 5, 8, and 13 bars ahead aligns with Fibonacci principles, offering a natural progression in forecast horizons.
5. **Apply to Trading Strategies:**
- **Support/Resistance Identification:** Use the opaque lines as potential support and resistance levels for placing trades.
- **Entry and Exit Points:** Anticipate price interactions at forecasted levels to plan strategic entries and exits.
- **Risk Management:** Utilize the transparency mapping to determine where to place stop-loss and take-profit orders based on the probability of price interactions.
6. **Customize as Needed:**
- Adjust the **Strata Increment** to fit different price ranges or volatility levels.
- Modify the **Lookback Window** to capture more or fewer historical touches, adapting to different timeframes or market conditions.
- Tweak the **Probability Transparency Threshold** to control the sensitivity of transparency mapping to Poisson probabilities.
**📈 **Practical Applications**
1. **Identifying Key Levels:**
- Quickly visualize which price levels have historically had significant interactions, aiding in the identification of potential support and resistance zones.
2. **Forecasting Price Reactions:**
- Use the forecast iterations to anticipate where price may interact in the near future, assisting in planning entry and exit points.
3. **Risk Management:**
- Determine areas of high probability for price reversals or consolidations, enabling better placement of stop-loss and take-profit orders.
4. **Market Analysis:**
- Assess the strength of market levels over different forecast horizons, providing a multi-layered understanding of market structure.
---
**🔗 **Conclusion**
The *Poisson Projection of Price Levels* bridges the gap between statistical modeling and traditional technical analysis, offering traders a sophisticated tool to quantify and visualize the significance of price levels. By integrating Poisson probabilities with dynamic transparency mapping, this indicator provides a unique and insightful perspective on potential support and resistance zones, enhancing both analysis and trading strategies.
---
**📞 **Contact:**
For support or inquiries, please contact me on TradingView!
---
**📢 **Join the Conversation!**
Have questions, feedback, or suggestions for further enhancements? Feel free to comment below or reach out directly. Your input helps refine and evolve this tool to better serve the trading community.
---
**Happy Trading!** 🚀
Dow waveform analyzerDow Waveform Analyzer
1. Overview and Features of the Indicator
This indicator is a tool designed to analyze chart waveforms based on Dow Theory, identifying swing lows (support) and swing highs (resistance). It allows users to quickly and consistently determine trend direction. Compared to manual analysis, it provides more efficient and accurate results.
By using swing lows and swing highs, the indicator offers a more detailed understanding of trends than simple updates to highs and lows, aiding in the creation of effective trading strategies.
2. Identifying Wave Lows and Highs
Stock prices do not move in straight lines; instead, they rise and fall in waves. This indicator starts by identifying the wave lows and wave highs.
- Wave Low: The lowest point during a temporary price decline.
- Wave High: The highest point during a temporary price increase.
These are automatically identified using Pine Script’s built-in functions `pivotlow` and `pivothigh`.
3. Drawing the Waveform
The identified wave lows and highs are alternately connected to draw the waveform. However, there are cases where wave lows or highs occur consecutively:
- Consecutive Wave Lows: The lower low is used for drawing the waveform.
- Consecutive Wave Highs: The higher high is used for drawing the waveform.
4. Tracking Swing Lows/Highs and Trend Determination
Swing lows and swing highs are crucial markers that indicate the state of wave progression:
- Swing Low: The starting point of a wave (wave low) when the closing price exceeds the previous wave high.
- Swing High: The starting point of a wave (wave high) when the closing price falls below the previous wave low.
The changes in swing lows and swing highs as the waves progress allow for trend state determination.
5. Examples of Trend States
During an Uptrend:
- When the price surpasses a wave high, the swing low is updated, confirming the continuation of the uptrend.
End of an Uptrend:
- When the price falls below the swing low, the swing low disappears, and a swing high appears, signaling the end of the uptrend.
Sideways Movement:
- Swing lows and swing highs alternately appear, indicating a sideways trend.
Start of a Downtrend:
- When the price breaks below a wave low for the first time, the swing high is updated, confirming the start of the downtrend.
During a Downtrend:
- When the price breaks below a wave low, the swing high is updated, confirming the continuation of the downtrend.
End of a Downtrend:
- When the price surpasses a wave high, the swing high disappears, and a swing low reappears, signaling the end of the downtrend.
Restart of an Uptrend:
- When the swing low is updated, the uptrend resumes. The uptrend begins when the price surpasses a wave high, and the swing low is updated for the first time.
6. Applications
Trade Entries and Exits:
- Set stop orders for entry at the price level where a trend starts.
- Set stop orders for exit at the price level where a trend ends.
Trend Filtering:
- Use the indicator to confirm whether market conditions are suitable for entry based on the trend state. Analyze waveforms to aid trading strategies.
Guide for Drawing Trendlines:
- Utilize wave lows and highs as starting and ending points when drawing trendlines with drawing tools.
7. Parameters and Display Items
Pivot Points:
- Wave lows are marked with circles below the candlestick’s low, and wave highs are marked with circles above the candlestick’s high.
Number of Bars for Pivot Calculation:
- Specify the number of bars on either side used to identify highs (default: 2).
Waveform:
- Specify the color (default: blue) or toggle its visibility (default: visible).
Swing Lows/Highs:
- Displayed as large circles. The rightmost large circle on the chart indicates the current swing low or swing high. Historical swing points are also displayed to show the progression of state changes. Specify the color (default: green) or toggle visibility (default: visible).
1. インジケーターの概要と特徴
このインジケーターは、ダウ理論を基にチャートの波形を分析し、押し安値や戻り高値を特定するツールです。これにより、トレンドの方向を迅速かつ一貫して判断できます。手動での分析と比較して、効率的かつ精度の高い結果が得られる点が特徴です。
押し安値や戻り高値を利用することで、単純な高値・安値の更新よりも詳細にトレンドの状況を把握し、効果的な取引戦略の構築に役立ちます。
2. 波の谷と波の頂の特定
株価は直線的に動くのではなく、波を描きながら上昇や下落を繰り返します。このインジケーターは、まず波の谷と波の頂を特定するところから始まります。
波の谷: 一時的な下落の最安値
波の頂: 一時的な上昇の最高値
これらを Pine Script の内蔵関数（ピボットローとピボットハイ）を用いて自動的に特定しています。
3. 波形の描画方法
特定した波の谷と波の頂を交互に結んで波形を描画します。ただし、波の谷や頂が連続する場合があります。
波の谷が連続する場合: より低い谷を採用して波形を描く
波の頂が連続する場合: より高い頂を採用して波形を描く
4. 押し安値・戻り高値の追跡とトレンド判断
押し安値と戻り高値は、波の進行状況を示す重要な指標です。
押し安値: 終値が前回の高値を超えた際の波の谷
戻り高値: 終値が前回の安値を割り込んだ際の波の頂
波の進行に伴う押し安値・戻り高値の変化から、トレンドの状態を判断します。
5. トレンド状態の具体例
上昇トレンド中:
波の頂を株価が上抜け押し安値が更新され続けることで上昇トレンドを継続。
上昇トレンドの終了:
株価が押し安値を割ると、押し安値が消え、戻り高値が新たに出現して、上昇トレンドを終了。
横ばい状態:
押し安値と戻り高値が交互に切り替わる。
下降トレンドの開始:
波の谷を株価が下抜け戻り高値がはじめて更新されることで下降トレンド開始を確認。
下降トレンド中:
波の谷を株価が下抜け戻り高値が更新され続けることで下降トレンドを継続。
下降トレンドの終了:
株価が波の頂を超えると、戻り高値が消え、押し安値が再び出現して、下降トレンドを終了。
横ばい状態:
押し安値と戻り高値が交互に切り替わる。
上昇トレンドの再開:
押し安値が更新されることで上昇トレンドを確認。
波の頂を株価が上抜け押し安値がはじめて更新されることで上昇トレンド開始を確認。
6. 応用例
トレードのエントリーとエグジット:
トレンド発生の価格に逆指値を設定してエントリー。
トレンド終了の価格に逆指値を設定してエグジット。
トレンドフィルターとして活用:
エントリーに適したトレンド状況かを確認。波形を分析してトレード戦略の参考に。
トレンドラインを描く時の参考として活用:
波の谷と頂を描画ツールを使ってトレンドラインを描く時の起点や終点として活用。
7. パラメーターと表示項目
ピボット: 波の谷はローソク足の安値にサークルを表示、波の頂はローソク足の高値にサークルを表示。
ピボット計算用のバーの数: 高値を特定するために左右何本のローソク足を使用するかを設定（初期値: 2）。
波形: 色（初期値: 青）や表示（初期値: 表示）の指定。
押し安値・戻り高値: 大きなサークルで表示。チャートの一番右の大きなサークルが現在のもの。過去のものも状態変化の経緯を示すために表示。色（初期値: 緑）や表示（初期値: 表示）の指定。
HTF Anchor DotsHigh Time Frame Anchor Dots is designed for traders who use the 15m or 1H chart and want a clear visual of higher-timeframe momentum conditions without constantly switching timeframes. The script builds on the Wave Anchor Indicator concept and is intended to complement the TP Mint Trading Strategy.
Using the momentum waves (similar to VuManChu Cipher B / Market Cipher B), the script identifies “anchor” states on higher timeframes (1H, 4H, Daily) and plots colored dots on your current chart:
• Yellow Dots: TP1 timeframe is anchored (overbought/oversold)
• Red Dots: TP2 timeframe is anchored (overbought/oversold)
• Orange Dots: Both TP1 and TP2 timeframes are simultaneously anchored, indicating a significant confluence.
Dots above the price indicate overbought anchors; dots below indicate oversold anchors. Because the indicator checks these conditions at the close of your entry timeframe candles, you may occasionally see a dot even though the higher-timeframe candle later closes out of anchor. Remember, this indicator offers no direct entry signals; it merely highlights potential confluence or caution zones.
Why Use It?
- Quickly assess if momentum on higher timeframes is stretched in one direction.
- Avoid entering a new position when a higher timeframe has just hit a potential turning point.
- Spot patterns in anchor dot clusters that can refine your trading entries or exits.
If you have questions or suggestions, feel free to share them! The script is open to improvements, and I appreciate all feedback. As with any indicator, this tool is not guaranteed to be an accurate prediction of future price action. Most successful traders combine indicators with sound risk management practices and their own personal analysis.
Aura Vibes EMA Ribbon + VStop + SAR + Bollinger BandsThe combination of Exponential Moving Averages (EMA), Volatility Stop (VStop), Parabolic SAR (PSAR), and Bollinger Bands (BB) offers a comprehensive approach to technical analysis, each serving a distinct purpose:
Exponential Moving Averages (EMA): EMAs are used to identify the direction of the trend by smoothing price data. Shorter-period EMAs react more quickly to price changes, while longer-period EMAs provide a broader view of the trend.
Volatility Stop (VStop): VStop is a dynamic stop-loss mechanism that adjusts based on market volatility, typically using the Average True Range (ATR). This allows traders to set stop-loss levels that accommodate market fluctuations, potentially reducing the likelihood of premature stop-outs.
Parabolic SAR (PSAR): PSAR is a trend-following indicator that provides potential entry and exit points by plotting dots above or below the price chart. When the dots are below the price, it suggests an uptrend; when above, a downtrend.
Bollinger Bands (BB): BB consists of a middle band (typically a 20-period simple moving average) and two outer bands set at standard deviations above and below the middle band. These bands expand and contract based on market volatility, helping traders identify overbought or oversold conditions.
Integrating these indicators can enhance trading strategies:
Trend Identification: Use EMAs to determine the prevailing market trend. For instance, a short-term EMA crossing above a long-term EMA may signal an uptrend.
Entry and Exit Points: Combine PSAR and BB to pinpoint potential entry and exit points. For example, a PSAR dot appearing below the price during an uptrend, coinciding with the price touching the lower Bollinger Band, might indicate a buying opportunity.
Risk Management: Implement VStop to set adaptive stop-loss levels that adjust with market volatility, providing a buffer against market noise.
By thoughtfully combining these indicators, traders can develop a robust trading system that adapts to various market conditions.
[blackat] L1 Funding Bottom Wave█ OVERVIEW
The script "Funding Bottom Wave" is an indicator designed to analyze market conditions based on multiple smoothed price calculations and specific thresholds. It calculates several values such as B-value, VAR2-value, and additional signals like SK and SD to identify buy/sell levels and reversals, aiding traders in making informed decisions.
█ LOGICAL FRAMEWORK
The script consists of several main components:
• Input parameters that allow customization of calculation periods and thresholds.
• A custom function funding_wave that computes various financial metrics and conditions.
• Plotting commands to visualize different aspects of those computations.
Data flows from input parameters into the funding_wave function where calculations are performed. These results are then plotted according to specified conditions. The script uses conditional expressions to define when certain plots should appear based on the computed values.
█ CUSTOM FUNCTIONS
funding_wave Function:
This function takes six arguments: close_price, high_price, low_price, open_price, period_b, and period_var2. It performs several calculations including:
• Price range percentage normalized between lowest and highest prices over 60 bars.
• SMA of this value over periods defined by period_b and period_var2.
• Several moving averages (MA), EMAs, and extreme point markers (highest/lowest).
• Multiple condition checks involving these metrics leading to buy/high signal flags.
Returns: An array containing B-value, VAR2-value, SK-value, SD-value, along with various conditional signal indicators.
█ KEY POINTS AND TECHNIQUES
• Utilizes built-in TA functions (ta.highest, ta.lowest, ta.sma, ta.ema) for smoothing and normalization purposes.
• Implements extensive use of ternary operators and boolean logic to determine plot visibility based on specific criteria.
• Employs column-style plotting which highlights significant transitions in calculated metric levels visually.
• No explicit loops; computations utilize vectorized operations inherent to Pine Script's nature.
█ EXTENDED KNOWLEDGE AND APPLICATIONS
Potential modifications/extensions include:
• Adding alerts for key threshold crossovers or meeting certain conditions.
• Customizing more sophisticated alert messages incorporating current time and symbol details.
• Incorporating stop-loss/take-profit strategies dynamically adjusted by indicator outputs.
Similar techniques can be applied in:
• Developing robust trend-following systems combining momentum oscillators.
• Enhancing basic price action rulesets with statistical filters derived from historical data behaviors.
• Exploring intraday breakout strategies predicated upon sudden changes in market sentiment captured via volatility spikes.
Related concepts/features:
• Using arrays to encapsulate complex return structures for reusability across scripts/functions.
• Leveraging na effectively within plotting constructs ensures cleaner chart presentation avoiding clutter from irrelevant points.
█ MARKET MEANING OF DIFFERENT COLORED COLUMNS
Red Columns ("B above Var2"):
• Market Interpretation: When the red columns appear, it indicates that the B-value is higher than the VAR2-value. This suggests a strengthening upward trend or consolidation phase where the market might be experiencing buying pressure relative to recent trends.
• Trading Implication: Traders may consider this as a potentially bullish sign, indicating strength in the underlying asset.
Green Columns ("B below Var2"):
• Market Interpretation: Green columns indicate that the B-value is lower than the VAR2-value. This could suggest downward trend acceleration or weakening buying pressure compared to recent trends.
• Trading Implication: Traders might interpret this as a bearish signal, suggesting a possible decline in the market.
Aqua Columns ("SK below SD"):
• Market Interpretation: Aqua columns show instances where the SK-value is below the SD-value. This typically signifies that the short-term stochastic oscillator (or similar measure) is signaling oversold conditions but not yet reaching extremes.
• Trading Implication: While not necessarily a strong sell signal, aqua columns might prompt traders to look for further confirmation before entering long positions.
Fuchsia Columns ("SK above SD"):
• Market Interpretation: Fuchsia columns represent situations where the SK-value exceeds the SD-value. This usually indicates overbought conditions in the near term.
• Trading Implication: Traders often view fuchsia columns as cautionary signs, possibly prompting them to exit existing long positions or refrain from adding new ones without further analysis.
Yellow Columns ("High Condition" and "High Condition Both"):
• Market Interpretation: Yellow columns occur when either the SK-value or B-value crosses above predefined high thresholds (e.g., 90). If both cross simultaneously, they form "High Condition Both."
• Trading Implication: Strongly bullish signals indicating overheated markets prone to corrections. Traders may see this as a good opportunity to take profits or prepare for a pullback/corrective move.
Blue Columns ("Low Condition" and "Low Condition Both"):
• Market Interpretation: Blue columns emerge when either the SK-value or B-value drops below predefined low thresholds (e.g., 10). Simultaneous crossing forms "Low Condition Both."
• Trading Implication: Potentially bullish reversal setups once the market starts showing signs of bottoming out after being significantly oversold. Traders might use blue columns as entry points for establishing long positions or hedging against anticipated rebounds.
Light Purple Columns ("Low Condition with Reversal" and "Low Condition Both with Reversal"):
• Market Interpretation: Light purple columns signify moments when the SK-value or B-value falls below their respective thresholds but has started reversing upwards immediately afterward. If both fall and reverse together, it's denoted as "Low Condition Both with Reversal."
• Trading Implication: Suggests a possible early-stage rebound from an extended downtrend or sideways movement. This could be seen as a highly reliable bulls' flag formation setup.
White Columns ("High Condition with Reversal" and "High Condition Both with Reversal"):
• Market Interpretation: White columns denote scenarios where the SK-value or B-value breaches high thresholds (e.g., 90) but begins descending shortly thereafter. Both simultaneously crossing leads to "High Condition Both with Reversal."
• Trading Implication: Indicative of peak overbought conditions followed quickly by exhaustion in buying interest. This warns traders about potential imminent retracements or pullbacks, prompting exits or short positions.
█ SUMMARY TABLE OF COLUMN COLORS AND THEIR MEANINGS
Color Type Market Interpretation Trading Implication
Red B above Var2 Strengthening upward trend/consolidation Bullish sign
Green B below Var2 Downward trend acceleration/weakening buying pressure Bearish sign
Aqua SK below SD Oversold conditions but not extreme Cautionary signal
Fuchsia SK above SD Overbought conditions Take profit/precaution
Yellow High Condition / High Condition Both Overheated market, likely correction coming Good time to exit/additional selling
Blue Low Condition / Low Condition Both Possible bull/rebound setup Entry point/hedging
Light Purple Low Condition with Reversal / Low Condition Both with Reversal Early-stage rebound from downtrend Reliable bulls' flag formation
White High Condition with Reversal / High Condition Both with Reversal Peak overbought with imminent retracement Exit positions/warning
Understanding these color-coded signals can help traders make more informed decisions, whether for entry, exit, or risk management in trading strategies. Each set of colors provides distinct insights into market dynamics and trends, aiding in effective execution of trade plans.
Fibonacci Trading Strategy (Auto Levels)How It Works
Swing Highs and Lows Detection:
The script identifies the highest high and lowest low over a specified lookback period (default: 50 candles). These points are used as the basis for Fibonacci calculations.
Fibonacci Levels:
Fibonacci retracement levels: 0%, 38.2%, 50%, 61.8%, 78.6%, and 100%.
Fibonacci extension levels: 127.2%, 161.8%, 200%, 261.8%, and 361.8%.
Each level is plotted on the chart with a specific color and labeled with the corresponding price.
Entry Zones:
Pullback Area: Between the 50% and 61.8% retracement levels. This area is highlighted in green, indicating a potential entry for conservative traders.
Full Margin Area: Between the 61.8% and 78.6% retracement levels. This area is highlighted in red, suggesting a higher-risk entry for aggressive traders.
Stop Loss (SL):
The Stop Loss is placed at the 78.6% Fibonacci retracement level. A dotted red line is drawn at this level to provide a visual reference for risk management.
Entry labels include the Stop Loss price for clarity.
Take Profit (TP) Levels:
Multiple take-profit targets are identified using Fibonacci extension levels (127.2%, 161.8%, 200%, 261.8%, and 361.8%).
Each level is labeled with the price and target percentage.
Visual Aids:
The script dynamically labels each Fibonacci level with its corresponding price.
Entry points (Pullback and Full Margin) are marked with clear labels, including the recommended Stop Loss.
Background highlights help distinguish the Pullback and Full Margin areas.
Strategy Highlights
Risk Management:
Incorporates a well-defined Stop Loss at the 78.6% level to limit downside risk.
Multiple take-profit levels help traders scale out of positions gradually.
Automation:
Automatically recalculates levels when new swing highs or lows are detected, ensuring accuracy in dynamic markets.
Customizability:
Users can adjust the lookback period to suit different timeframes or trading styles.
Clarity:
Clean visuals and detailed labels ensure the strategy is easy to interpret and apply.
When to Use
The strategy is suitable for trend-following traders looking to enter during pullbacks in an established trend.
It works best in trending markets where Fibonacci levels often act as strong support or resistance.
Example Scenario
Bullish Setup:
Price retraces to the 50%-61.8% area (Pullback Area) after a swing high.
A buy order is placed in this zone, with the Stop Loss at the 78.6% level.
Profit targets are set at the 127.2%, 161.8%, and higher Fibonacci extensions.
Bearish Setup:
In a downtrend, price retraces upward to the 50%-61.8% zone.
A sell order is placed, with the Stop Loss at the 78.6% level and take-profit levels below.
Dynamic Display for Max/Min MA Types with Fake-Out FilterDynamic Moving Average Max/Min Indicator with Step Line Break
**** select the setting to STEP LINE BREAK****
This indicator provides a powerful way to identify dynamic entry and stop-loss levels for both long and short trades. It calculates the maximum and minimum values of a selected moving average (MA) over a specified lookback period, adapting dynamically to market conditions. It features options for various MA types, including SMA, EMA, HMA, RMA, and DEMA, to suit different trading strategies and styles.
How It Works
1. Moving Average Selection: Choose the type of moving average (SMA, EMA, HMA, RMA, or DEMA) and its period (e.g., HMA 13).
2. Max/Min Calculation: The indicator calculates the highest and lowest values of the selected moving average over a specified lookback period (e.g., 5 candles).
3. Dynamic Plotting:
• Bullish Market: When the price breaks the Max MA level, the Min level is plotted, trailing upward as a potential stop-loss for long trades.
• Bearish Market: When the price breaks the Min MA level, the Max level is plotted, trailing downward as a potential stop-loss for short trades.
4. Fake-Out Filter: If a candle breaks the Max/Min level but closes within the range (indicating a fake-out), the plots do not switch. This can cause repainting during volatile conditions, so use caution in high-wick markets.
Features
• Customizable Inputs: Adjust MA type, period, lookback, and timeframe to suit your trading strategy.
• Multi-Timeframe Flexibility: Works on all timeframes, from micro-scalping on the 1-minute chart to swing trading on higher timeframes.
• Trend Confirmation: Provides clear indications of when to enter or exit based on dynamic levels.
• Risk Management: Highlights stop-loss levels that trail the trend, helping to lock in profits or limit losses.
Advantages
1. Clear Entry/Exit Points: Provides actionable signals for both long and short trades, with defined stop-loss locations.
2. Customizable for Any Style: Tailor the indicator to your product, timeframe, and trading approach (scalping or swing trading).
3. Trend-Focused Guidance: Helps avoid counter-trend trades by showing the dominant trend direction.
4. Adaptive to Market Conditions: The dynamic nature of the indicator allows it to respond to both trending and consolidating markets.
Limitations
1. Repainting During Fake-Outs: The indicator can repaint during volatile periods with long wicks, as it filters for fake-out candles. This may create noise in certain market conditions.
2. Optimization Required: The ideal settings for MA type, period, and lookback are dependent on the market profile and need to be fine-tuned by the trader.
3. Less Effective in Consolidation: In sideways or choppy markets, the indicator may produce less reliable signals unless adjusted for lower sensitivity.
Trading Tips
• Use this indicator to focus on trending markets, avoiding trades against the prevailing trend. For example, during an uptrend, only take long trades and avoid shorts.
• Consider having two configurations: one for trending markets and one for consolidating markets, switching between them as needed.
• Pair this indicator with volume analysis, price action, or other complementary tools to increase accuracy and reduce noise.
This indicator is designed to be both an entry and risk management tool, enabling traders to make informed decisions while keeping risks in check.
HMA Buy Sell Signals - Profit ManagerNote : Settings should be adjusted according to the selected time frame. Try to find the best setting according to the profitability rate
Overall Functionality
This script combines several trading tools to create a comprehensive system for trend analysis, trade execution, and performance tracking. Users can identify market trends using specific moving averages and RSI indicators while managing profit and loss levels automatically.
Trend Detection and Trade Signals
Hull Moving Averages (HMA):
Two HMAs (a faster one and a slower one) are used to determine the market trend.
A buy signal is generated when the faster HMA crosses above the slower HMA.
Conversely, a sell signal is triggered when the faster HMA crosses below the slower one.
Visual Feedback:
Trend lines on the chart change color to reflect the trend direction (e.g., green for upward trends and red for downward trends).
Trade Levels and Management
Entry, Take-Profit, and Stop-Loss Levels:
When the trend shifts upwards, the script calculates entry, take-profit, and stop-loss levels based on the opening price.
Similarly, for downward trends, these levels are determined for short trades.
Commission Tracking:
Each trade includes a commission cost, which is factored into net profit and loss calculations.
Dynamic Labels:
Entry, take-profit, and stop-loss levels are visually marked on the chart for easier tracking.
Performance Tracking
Profit and Loss Tracking:
The script keeps a running total of profits, losses, and commissions for both long and short trades.
It also calculates the net profit after all costs are considered.
Performance Table:
A table is displayed on the chart summarizing:
The number of trades.
Total profit and loss for long and short positions.
Commission costs.
Net profit.
Fractal Support and Resistance
Dynamic Lines:
The script identifies the most recent significant highs and lows using fractals.
It draws support and resistance lines that automatically update as new fractals form.
Simplified Visuals:
The chart always shows the last two support and resistance lines, keeping the visualization clean and focused.
RSI-Based Signals
Overbought and Oversold Levels:
RSI is used to identify overbought (above 80) and oversold (below 20) conditions.
The script generates buy signals at oversold levels and sell signals at overbought levels.
Chart Indicators:
Arrows and labels appear on the chart to highlight these RSI-based opportunities.
Customization
The script allows users to customize key parameters such as:
Moving average lengths for trend detection.
Take-profit and stop-loss percentages.
Timeframes for backtesting.
Starting capital and commission rates.
Conclusion
This script is a versatile tool for traders, combining trend detection, automated trade management, and visual feedback. It simplifies decision-making by providing clear signals and tracking performance metrics, making it suitable for both beginners and experienced traders.
* The most recently drawn fractals represent potential support and resistance levels. If the price aligns with these levels at the time of entering a trade, it may indicate a likelihood of reversal. In such cases, it’s advisable to either avoid entering the trade altogether or proceed with increased caution.
SMA Ichimoku CrossesSMA Ichimoku Crosses displays the moving average between the last two crossings of the Tenkan-Sen and Kijun-Sen lines from Ichimoku Kinko Hyo. The line is calculated based on the closing prices at the time of the crossings and is added directly to the price chart, making it a convenient tool for trend analysis and identifying entry and exit points.
Features:
- Automatic calculation of Tenkan-Sen and Kijun-Sen lines.
- Fixation of closing prices at the point of line crossings.
- Calculation of the average price between the last two crossings.
- Display of a pink line on the price chart for convenient analysis.
How to use:
- Identify potential trend reversal zones by observing the line’s position relative to the price.
- Use the line as a dynamic level of support or resistance.
- Include the indicator in your Ichimoku strategies to enhance the accuracy of signals.
Suitable for:
- Traders using Ichimoku in their trading.
- Trend analysis enthusiasts.
- Those looking for additional filters for entry and exit points.
Support Resistance Major/Minor [TradingFinder] Market Structure🔵 Introduction
Support and resistance levels are key concepts in technical analysis, serving as critical points where prices pause or reverse due to the interaction of supply and demand. These foundational elements in price action and classical technical analysis assist traders in understanding market behavior and making better trading decisions.
Support levels are zones where demand is strong enough to prevent further price declines, while resistance levels act as barriers that hinder price increases.
Support and resistance levels are divided into two main types: static and dynamic. Static levels are fixed horizontal lines on charts, formed based on historical price points, and are crucial due to repeated price reactions in these areas.
Dynamic levels, on the other hand, move with market trends and are often identified using tools like moving averages and trendlines. These levels are particularly useful for analyzing dynamic trends and identifying potential reversal points in financial markets.
The importance of support and resistance in technical analysis lies in their ability to pinpoint price reversal or continuation points. Professional traders use these levels to determine optimal entry and exit points and combine them with tools such as Fibonacci retracements or moving averages for precise strategies.
Detailed analysis of price behavior at these levels provides insights into trend strength and the likelihood of price breaks or reversals. By understanding these concepts, technical analysts can forecast future price movements and optimize their trading decisions using tools such as indicators and price action. Support and resistance levels, as a cornerstone of technical analysis, form the foundation for many trading strategies.
🔵 How to Use
The Static Support and Resistance Indicator is a vital tool for identifying significant price zones in financial markets. It automatically detects major and minor support and resistance levels in both short-term and long-term intervals, enabling traders to analyze price behavior accurately and develop optimal entry and exit strategies.
🟣 Major Long-Term Support and Resistance
Major Long-Term Support : The lowest price points recorded over long-term intervals that prevent further declines.
Major Long-Term Resistance : The highest price points in long-term intervals that limit further price increases.
🟣 Minor Long-Term Support and Resistance
Minor Long-Term Support : Temporary halts in price decline within a downtrend over long-term intervals.
Minor Long-Term Resistance : Short-term zones within long-term intervals where prices react negatively in an uptrend.
🟣 Major Short-Term Support and Resistance
Major Short-Term Support : The lowest price points in short-term intervals that act as barriers against sharp price drops.
Major Short-Term Resistance : The highest points in short-term intervals that prevent further price surges.
🟣 Minor Short-Term Support and Resistance
Minor Short-Term Support : Temporary halts in price decline within short-term downtrends.
Minor Short-Term Resistance : Zones where price reacts quickly and reverses in short-term uptrends.
🔵 Settings
Long Term S&R Pivot Period : Defines the interval for identifying long-term support and resistance levels (default: 21).
Short Term S&R Pivot Period : Defines the interval for identifying short-term support and resistance levels (default: 5).
🟣 Long-Term Lines
Major Line Display : Enable/disable major long-term lines.
Minor Line Display : Enable/disable minor long-term lines.
Major Line Colors : Green for support, red for resistance (long-term major levels).
Minor Line Colors : Light green for support, light red for resistance (long-term minor levels).
Major Line Style : Choose between solid, dotted, or dashed lines for major long-term levels.
Minor Line Style : Choose between solid, dotted, or dashed lines for minor long-term levels.
Major Line Width : Adjust the thickness of major long-term lines.
Minor Line Width : Adjust the thickness of minor long-term lines.
🟣 Short-Term Lines
Major Line Display : Enable/disable major short-term lines.
Minor Line Display : Enable/disable minor short-term lines.
Major Line Colors : Gray-green for support, gray-red for resistance (short-term major levels).
Minor Line Colors : Dark green for support, dark red for resistance (short-term minor levels).
Major Line Style : Choose between solid, dotted, or dashed lines for major short-term levels.
Minor Line Style : Choose between solid, dotted, or dashed lines for minor short-term levels.
Major Line Width : Adjust the thickness of major short-term lines.
Minor Line Width : Adjust the thickness of minor short-term lines.
🔵 Conclusion
Static support and resistance levels are among the most critical tools in technical analysis, helping traders identify key reversal or continuation points.
This indicator simplifies and enhances the analysis process by automatically detecting major and minor levels in both short-term and long-term intervals. It allows traders to customize settings to suit their trading strategies and analyze different market levels effectively.
Using this indicator improves price action analysis, enhances market understanding, and identifies trading opportunities. Applicable to all trading styles, from day trading to long-term investing, it is an essential tool for technical analysis.
Combining this indicator with other tools like trendlines, Fibonacci retracements, and moving averages enables comprehensive analysis and allows traders to navigate financial markets with greater confidence.
Arrow-SimplyTrade vol1.5-FinalTitle: Arrow-SimplyTrade vol1.5-Final
Description:
This advanced trading indicator is designed to assist traders in analyzing market trends and identifying optimal entry signals. It combines several popular technical analysis tools and strategies, including EMA (Exponential Moving Average), MA (Simple Moving Averages), Bollinger Bands, and candlestick patterns. This indicator provides both trend-following and counter-trend signals, making it suitable for various trading styles, such as scalping and swing trading.
Main Features:
EMA (Exponential Moving Average):
EMA200 is the main trend line that helps determine the overall market direction. When the price is above EMA200, the trend is considered bullish, and when the price is below EMA200, the trend is considered bearish.
It helps filter out signals that go against the prevailing market trend.
Simple Moving Averages (MA5 and MA15):
This indicator uses two Simple Moving Averages: MA5 (Fast) and MA15 (Slow). Their crossovers create buy or sell signals:
Buy Signal: When MA5 crosses above MA15, signaling a potential upward trend.
Sell Signal: When MA5 crosses below MA15, signaling a potential downward trend.
Bollinger Bands:
Bollinger Bands measure market volatility and can identify periods of overbought or oversold conditions. The Upper and Lower Bands help detect potential breakout points, while the Middle Line (Basis) serves as dynamic support or resistance.
This tool is particularly useful for identifying volatile conditions and potential reversals.
Arrows:
The indicator plots arrows on the chart to signal entry opportunities:
Green Arrows signal buy opportunities (when MA5 crosses above MA15 and price is above EMA200).
Red Arrows signal sell opportunities (when MA5 crosses below MA15 and price is below EMA200).
Opposite Arrows: Optionally, the indicator can also display arrows for counter-trend signals, triggered by MA5 and MA15 crossovers, regardless of the price's position relative to EMA200.
Candlestick Patterns:
The indicator detects popular candlestick patterns such as Bullish Engulfing, Bearish Engulfing, Hammer, and Doji.
These patterns are important for confirming entry points or anticipating trend reversals.
How to Use:
EMA200: The main trend line. If the price is above EMA200, consider long positions. If the price is below EMA200, consider short positions.
MA5 and MA15: Short-term trend indicators. The crossover of these averages generates buy or sell signals.
Bollinger Bands: Use these bands to spot overbought/oversold conditions. Breakouts from the bands may signal potential entry points.
Arrows: Green arrows represent buy signals, and red arrows represent sell signals. Opposite direction arrows can be used for counter-trend strategies.
Candlestick Patterns: Patterns like Bullish Engulfing or Doji can help confirm the signals.
Customizable Settings:
Fully customizable colors, line styles, and display settings for EMA, MAs, Bollinger Bands, and arrows.
The Candlestick Patterns feature can be toggled on or off based on user preference.
Important Notes:
This indicator is intended to be used in conjunction with other analysis tools.
Past performance does not guarantee future results.
Polish:
Tytuł: Arrow-SimplyTrade vol1.5-Final
Opis:
Ten zaawansowany wskaźnik handlowy jest zaprojektowany, aby pomóc traderom w analizie trendów rynkowych oraz identyfikowaniu optymalnych sygnałów wejścia. Łączy w sobie kilka popularnych narzędzi analizy technicznej i strategii, w tym EMA (Wykładnicza Średnia Ruchoma), MA (Prosta Średnia Ruchoma), Bollinger Bands oraz formacje świecowe. Wskaźnik generuje zarówno sygnały podążające za trendem, jak i przeciwnym trendowi, co sprawia, że jest odpowiedni do różnych stylów handlu, takich jak scalping oraz swing trading.
Główne Funkcje:
EMA (Wykładnicza Średnia Ruchoma):
EMA200 to główna linia trendu, która pomaga określić ogólny kierunek rynku. Gdy cena znajduje się powyżej EMA200, trend jest uznawany za wzrostowy, a gdy poniżej EMA200, za spadkowy.
Pomaga to filtrować sygnały, które są niezgodne z głównym trendem rynkowym.
Proste Średnie Ruchome (MA5 i MA15):
Wskaźnik używa dwóch Prostych Średnich Ruchomych: MA5 (szybka) oraz MA15 (wolna). Ich przecięcia generują sygnały kupna lub sprzedaży:
Sygnał Kupna: Kiedy MA5 przecina MA15 od dołu, sygnalizując potencjalny wzrost.
Sygnał Sprzedaży: Kiedy MA5 przecina MA15 od góry, sygnalizując potencjalny spadek.
Bollinger Bands:
Bollinger Bands mierzą zmienność rynku i mogą pomóc w identyfikowaniu okresów wykupienia lub wyprzedania rynku. Górna i dolna linia pomagają wykrywać punkty wybicia, a Środkowa Linia (Basis) działa jako dynamiczny poziom wsparcia lub oporu.
Narzędzie to jest szczególnie przydatne w wykrywaniu warunków zmienności i potencjalnych odwróceń trendu.
Strzałki:
Wskaźnik wyświetla strzałki na wykresie, które wskazują sygnały kupna i sprzedaży:
Zielona strzałka wskazuje sygnał kupna (gdy MA5 przecina MA15 i cena jest powyżej EMA200).
Czerwona strzałka wskazuje sygnał sprzedaży (gdy MA5 przecina MA15 i cena jest poniżej EMA200).
Strzałki w przeciwnym kierunku: Opcjonalna funkcja, która pokazuje strzałki w przeciwnym kierunku, uruchamiane przez przecięcia MA5 i MA15, niezależnie od pozycji ceny względem EMA200.
Formacje Świecowe:
Wskaźnik wykrywa popularne formacje świecowe, takie jak Bullish Engulfing, Bearish Engulfing, Hammer oraz Doji.
Formacje te pomagają traderom potwierdzić punkty wejścia i przewidzieć możliwe odwrócenia trendu.
Jak Używać:
EMA200: Główna linia trendu. Jeśli cena jest powyżej EMA200, rozważaj pozycje długie. Jeśli cena jest poniżej EMA200, rozważaj pozycje krótkie.
MA5 i MA15: Śledzą krótkoterminowe zmiany trendu. Przecięcia tych średnich generują sygnały kupna lub sprzedaży.
Bollinger Bands: Używaj tych pasm do wykrywania wykupionych lub wyprzedanych warunków. Wybicia z pasm mogą wskazywać potencjalne punkty wejścia.
Strzałki: Zielona strzałka wskazuje sygnał kupna, a czerwona strzałka sygnał sprzedaży. Strzałki w przeciwnym kierunku mogą być używane do strategii przeciwtrendowych.
Formacje Świecowe: Formacje takie jak Bullish Engulfing czy Doji mogą pomóc w potwierdzaniu sygnałów.
Ustawienia Personalizacji:
W pełni personalizowalne kolory, style linii i ustawienia wyświetlania dla EMA, MAs, Bollinger Bands oraz strzałek.
Funkcja Formacji Świecowych może być włączana lub wyłączana według preferencji użytkownika.
Ważne Uwagi:
Ten wskaźnik powinien być używany w połączeniu z innymi narzędziami analizy rynku.
Wyniki z przeszłości nie gwarantują wyników w przyszłości.
Adaptive Range Scalper - KetBotAIThe Adaptive Scalper is designed to dynamically adjust entry, take-profit (TP), and stop-loss (SL) levels based on the latest market price. It combines multiple tools to provide traders with actionable insights, suitable for a range of trading styles and timeframes.
How the Indicator Works
Dynamic Levels:
- Yellow Dotted Line: Represents the entry level, following the latest price dynamically.
- Green Line: The Take Profit (TP) level, calculated as a multiple of the current price, adapts in real-time.
- Red Line: The Stop Loss (SL) level, placed below the price and also dynamically adjusts.
Bollinger Bands:
Provides context for market volatility and potential overbought/oversold zones.
Narrowing bands signal consolidation, while expanding bands indicate increased volatility.
Buy and Sell Signals:
Buy Signal: Triggered when the price crosses above the lower Bollinger Band.
Sell Signal: Triggered when the price crosses below the upper Bollinger Band.
These signals help traders time entries and exits based on momentum shifts.
Risk/Reward Analysis:
Visual shading shows the favorable risk/reward zone between the stop loss and take profit levels.
Timeframe Suggestions
Short-Term Traders (Scalping):
Use on 5-minute to 15-minute charts.
Focus on high-volatility periods for quick entries and exits.
Intraday Traders:
Ideal for 30-minute to 1-hour charts.
Provides more stable signals and less noise.
Swing Traders:
Best suited for 4-hour or daily charts.
Captures broader trends with fewer signals, allowing for larger moves.
Tool Combination
Volume Profile:
Combine with volume-based tools to confirm key support/resistance zones around TP and SL levels.
Trend Indicators:
Use with Moving Averages (e.g., 20-period or 50-period) to identify the broader trend direction.
Example: Only take buy signals in an uptrend and sell signals in a downtrend.
Momentum Oscillators:
Pair with tools like RSI or MACD to avoid entering overbought/oversold conditions.
Support/Resistance Lines:
Manually mark significant levels to confirm alignment with the indicator’s TP and SL zones.
Useful Advice for Traders
Risk Management:
- Always assess the risk/reward ratio; aim for at least 1:2 (risking 1 to gain 2).
- Adjust the multiplier to match your trading style (e.g., higher multiplier for swing trades, lower for scalping).
Avoid Overtrading:
Use the indicator in conjunction with clear rules to avoid false signals during low-volatility periods.
Monitor market volatility:
Pay attention to narrowing Bollinger Bands, which signal consolidations. Avoid trading until a breakout occurs.
Test on Demo Accounts:
Practice using the indicator on a demo account to understand its behavior across different assets and timeframes.
Focus on High-Liquidity Markets:
For the best results, trade highly liquid instruments like major currency pairs, gold, or stock indices.
Summary
The Adaptive Range Indicator dynamically adjusts to market conditions, offering clear entry and exit levels. By combining it with Bollinger Bands and other tools, traders can better navigate market trends and avoid noise. It’s versatile across multiple timeframes and assets, making it a valuable addition to any trader’s toolkit.
