Multi-Timeframe PSAR Indicator ver 1.0Enhance your trend analysis with the Multi-Timeframe Parabolic SAR (MTF PSAR) indicator! This powerful tool displays the Parabolic SAR (Stop and Reverse) from both the current chart's timeframe and a higher timeframe, all in one convenient view. Identify potential trend reversals and set dynamic trailing stops with greater confidence by understanding the broader market context.
Key Features:
Dual Timeframe Analysis: Simultaneously visualize the PSAR on your current chart and a user-defined higher timeframe (e.g., see the Daily PSAR while trading on the 1-hour chart). This helps you align your trades with the dominant trend.
Customizable PSAR Settings: Fine-tune the PSAR calculation with adjustable Start, Increment, and Maximum values. Optimize the indicator's sensitivity to match your trading style and the volatility of the asset.
Independent Timeframe Control: Choose to display either or both the current timeframe PSAR and the higher timeframe PSAR. Focus on the information most relevant to your analysis.
Clear Visual Representation: Distinct colors for the current and higher timeframe PSAR dots make it easy to differentiate between the two. Quickly identify potential entry and exit points.
Configurable Colors You can easily change colors of Current and HTF PSAR.
Standard PSAR Logic: Uses the classic Parabolic SAR algorithm, providing a reliable and widely-understood trend-following indicator.
lookahead=barmerge.lookahead_off used in the security function, there is no data leak or repainting.
Benefits:
Improved Trend Identification: Spot potential trend changes earlier by observing divergences between the current and higher timeframe PSAR.
Enhanced Risk Management: Use the PSAR as a dynamic trailing stop-loss to protect profits and limit potential losses.
Greater Trading Confidence: Make more informed decisions by considering the broader market trend.
Reduced Chart Clutter: Avoid the need to switch between multiple charts to analyze different timeframes.
Versatile Application: Suitable for various trading styles (swing trading, day trading, trend following) and markets (stocks, forex, crypto, etc.).
How to Use:
Add to Chart: Add the "Multi-Timeframe PSAR" indicator to your TradingView chart.
Configure Settings:
PSAR Settings: Adjust the Start, Increment, and Maximum values to control the PSAR's sensitivity.
Multi-Timeframe Settings: Select the desired "Higher Timeframe PSAR" resolution (e.g., "D" for Daily). Enable or disable the display of the current and/or higher timeframe PSAR using the checkboxes.
Interpret Signals:
Current Timeframe PSAR: Dots below the price suggest an uptrend; dots above the price suggest a downtrend.
Higher Timeframe PSAR: Provides context for the overall trend. Agreement between the current and higher timeframe PSAR strengthens the trend signal. Divergences may indicate potential reversals.
Trade Management:
Use PSAR dots as dynamic trailing stop.
Example Use Cases:
Confirming Trend Strength: A trader on a 1-hour chart sees the 1-hour PSAR flip bullish (dots below the price). They check the MTF PSAR and see that the Daily PSAR is also bullish, confirming the strength of the uptrend.
Identifying Potential Reversals: A trader sees the current timeframe PSAR flip bearish, but the higher timeframe PSAR remains bullish. This divergence could signal a potential pullback within a larger uptrend, or a warning of a more significant reversal.
Trailing Stops: A trader enters a long position and uses the current timeframe PSAR as a trailing stop, moving their stop-loss up as the PSAR dots rise.
Disclaimer: The Parabolic SAR is a lagging indicator and may produce false signals, especially in ranging markets. It is recommended to use this indicator in conjunction with other technical analysis tools and risk management strategies. Past performance is not indicative of future results.
Cari dalam skrip untuk "swing trading"
MTF TTM Squeeze ProOverview
The MTF TTM Squeeze Pro indicator helps traders identify market compression (squeeze) conditions and analyze momentum across multiple timeframes. It is based on the TTM Squeeze concept, which uses Bollinger Bands and Keltner Channels to detect price consolidation periods that often precede strong breakouts.
This script enhances the standard TTM Squeeze by providing a multi-timeframe view, allowing traders to assess market conditions across intraday, daily, and weekly charts simultaneously.
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How It Works
1. Squeeze Detection using Bollinger Bands & Keltner Channels
• High Compression Squeeze (Orange): Strongest squeeze, indicating extreme consolidation.
• Medium Compression Squeeze (Red): Moderate squeeze, potential breakout setup.
• Low Compression Squeeze (Black): Mild squeeze, possible momentum shift.
• No Squeeze (Green): Market is trending, no consolidation detected.
2. Momentum Analysis
The script features a custom linear regression momentum oscillator to gauge market direction:
• Positive rising momentum (Aqua) suggests bullish acceleration.
• Positive falling momentum (Blue) indicates slowing bullish momentum.
• Negative rising momentum (Red) signals bearish weakening.
• Negative falling momentum (Yellow) represents strengthening bearish momentum.
3. Multi-Timeframe Display
The indicator provides a table panel showing squeeze conditions and momentum colors for:
✅ 15m, 30m, 55m, 78m, 195m, Daily (D), and Weekly (W) timeframes.
This makes it easier to spot confluences across different periods, helping traders align their entries with larger trends.
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How to Use
✔️ Look for a high compression squeeze (orange dots) as potential breakout zones.
✔️ Check if momentum colors are aligned across multiple timeframes to confirm direction.
✔️ Trade in the direction of momentum once the squeeze is released.
Best Used For:
📈 Swing Trading – Identify multi-day setups using the D/W squeeze signals.
📉 Intraday Trading – Use 15m-78m signals for faster entries and exits.
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Credits & Open-Source Compliance
This script is inspired by the original TTM Squeeze Pro and based on open-source contributions from the TradingView community. Significant modifications include:
✔️ Improved multi-timeframe data request for momentum & squeeze.
✔️ Enhanced visual display with a compact and informative table panel.
✔️ Added detailed documentation for better usability.
📌 Original Source: TradingView Script by Beardy_Fred
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Final Notes
✅ Designed for stocks, forex, and crypto.
✅ Fully customizable squeeze & momentum settings.
Enjoy trading, and may the squeeze be with you! 🚀
Auto Draw ToolAuto Draw Tool for TradingView – Trend, Support/Resistance & Fibonacci Indicator ( HIMANSHU AGNIHOTRY)
The Auto Draw Tool is a powerful TradingView indicator that automatically detects trend lines, support & resistance levels, and Fibonacci retracement zones. It helps traders identify key price levels and market trends without manual effort.
🔹 Features
✔ Automatic Support & Resistance Detection – Finds the strongest price levels based on past highs and lows
✔ Trend Line Auto-Plotting – Detects market trends using swing highs and lows
✔ Fibonacci Retracement Levels – Highlights key retracement points for potential reversals
✔ Candlestick Pattern Detection – Identifies bullish and bearish engulfing patterns
✔ Background Alerts for Patterns – Highlights candlestick patterns with color-coded backgrounds
✔ Works on Any Timeframe – Suitable for scalping, swing trading, and long-term investing
🛠 How It Works?
Support & Resistance Levels: The script calculates the highest and lowest price levels within a given lookback period.
Trend Line Identification: It detects swing highs and swing lows to draw automatic trend lines.
Fibonacci Retracement: The script marks important Fibonacci levels (0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%) for potential entry and exit points.
Engulfing Candlestick Patterns: It recognizes bullish engulfing and bearish engulfing patterns, which indicate strong buying or selling pressure.
Alerts & Background Highlighting: When an engulfing pattern is detected, the background color changes (green for bullish, red for bearish).
🔔 Alerts & Signals
🚀 Bullish Engulfing Detected: Green background & buy signal alert
🚀 Bearish Engulfing Detected: Red background & sell signal alert
🎯 Who Can Use It?
✅ Day Traders & Scalpers – Quickly identify key price action levels
✅ Swing Traders – Find strong support/resistance and Fibonacci retracement areas
✅ Trend Followers – Confirm trend direction with auto-drawn trend lines
✅ Price Action Traders – Get real-time candlestick pattern alerts
Multiple AVWAP [OmegaTools]The Multiple AVWAP indicator is a sophisticated trading tool designed for professional traders who require precision in volume-weighted price tracking. This indicator allows for the deployment of multiple Anchored Volume Weighted Average Price (AVWAP) calculations simultaneously, offering deep insights into price movements, dynamic support and resistance levels, and trend structures across multiple timeframes.
This indicator caters to both institutional and retail traders by integrating flexible anchoring methods, multi-timeframe adaptability, and enhanced visualization features. It also includes deviation bands for statistical analysis, making it a comprehensive volume-based trading solution.
Key Features & Functionalities
1. Multiple AVWAP Configurations
Users can configure up to four distinct AVWAP calculations to track different market conditions.
Supports various anchoring methods:
Fixed: A traditional AVWAP that starts from a defined historical point.
Perpetual: A rolling VWAP that continuously adjusts over time.
Extension: An extension-based AVWAP that projects from past calculations.
High Volume: Anchors AVWAP to the highest volume bar within a specified period.
None: Option to disable AVWAP calculation if not required.
2. Advanced Deviation Bands
Implements standard deviation bands (1st and 2nd deviation) to provide a statistical measure of price dispersion from the AVWAP.
Serves as a dynamic method for identifying overbought and oversold conditions relative to VWAP pricing.
Deviation bands are customizable in terms of visibility, color, and transparency.
3. Multi-Timeframe Support
Users can assign different timeframes to each AVWAP calculation for macro and micro analysis.
Helps in identifying long-term institutional trading levels alongside short-term intraday trends.
4. Z-Score Normalization Mode
Option to standardize oscillator values based on AVWAP deviations.
Converts price movements into a statistical Z-score, allowing traders to measure price strength in a normalized range.
Helps in detecting extreme price dislocations and mean-reversion opportunities.
5. Customizable Visual & Aesthetic Settings
Fully customizable line colors, transparency, and thickness to enhance clarity.
Users can modify AVWAP and deviation band colors to distinguish between different levels.
Configurable display options to match personal trading preferences.
6. Oscillator Mode for Trend & Momentum Analysis
The indicator converts price deviations into an oscillator format, displaying AVWAP strength and weakness dynamically.
This provides traders with a momentum-based perspective on volume-weighted price movements.
User Guide & Implementation
1. Configuring AVWAPs for Optimal Use
Choose the mode for each AVWAP instance:
Fixed (set historical point)
Perpetual (rolling, continuously updated AVWAP)
Extension (projection from past AVWAP levels)
High Volume (anchored to highest volume bar)
None (disables the AVWAP line)
Adjust the length settings to fine-tune calculation sensitivity.
2. Utilizing Deviation Bands for Market Context
Activate deviation bands to see statistical boundaries of price action.
Monitor +1 / -1 and +2 / -2 standard deviation levels for extended price movements.
Consider price action outside of deviation bands as potential mean-reversion signals.
3. Multi-Timeframe Analysis for Institutional-Level Insights
Assign different timeframes to each AVWAP to compare:
Daily VWAP (institutional trading levels)
Weekly VWAP (swing trading trends)
Intraday VWAPs (short-term momentum shifts)
Helps identify where institutional liquidity is positioned relative to price.
4. Activating the Oscillator for Momentum & Bias Confirmation
The oscillator converts AVWAP deviations into a normalized value.
Use overbought/oversold levels to determine strength and potential reversals.
Combine with other indicators (RSI, MACD) for confluence-based trading decisions.
Trading Applications & Strategies
5. Trend Confirmation & Institutional VWAP Tracking
If price consistently holds above the primary AVWAP, it signals a bullish trend.
If price remains below AVWAP, it indicates selling pressure and a bearish trend.
Monitor retests of AVWAP levels for potential trend continuation or reversal.
6. Dynamic Support & Resistance Levels
AVWAP lines act as dynamic floating support and resistance zones.
Price bouncing off AVWAP suggests continuation, whereas breakdowns indicate a shift in momentum.
Look for confluence with high-volume zones for stronger trade signals.
7. Mean Reversion & Statistical Edge Trading
Prices that deviate beyond +2 or -2 standard deviations often revert toward AVWAP.
Mean reversion traders can fade extended moves and target AVWAP re-tests.
Helps in identifying exhaustion points in trending markets.
8. Institutional Liquidity & Volume Footprints
Institutions often execute large trades near VWAP zones, causing price reactions.
Tracking multi-timeframe AVWAP levels allows traders to anticipate key liquidity areas.
Use higher timeframe AVWAPs as macro support/resistance for swing trading setups.
9. Enhancing Momentum Trading with AVWAP Oscillator
The oscillator provides a momentum-based measure of AVWAP deviations.
Helps in confirming entry and exit timing for trend-following trades.
Useful for pairing with stochastic oscillators, MACD, or RSI to validate trade decisions.
Best Practices & Trading Tips
Use in Conjunction with Volume Analysis: Combine with volume profiles, OBV, or CVD for increased accuracy.
Adjust Timeframes Based on Trading Style: Scalpers can focus on short-term AVWAP, while swing traders benefit from weekly/daily AVWAP tracking.
Backtest Different AVWAP Configurations: Experiment with different anchoring methods and lookback periods to optimize trade performance.
Monitor Institutional Order Flow: Identify key VWAP zones where institutional traders may be active.
Use with Other Technical Indicators: Enhance trading confidence by integrating with moving averages, Bollinger Bands, or Fibonacci retracements.
Final Thoughts & Disclaimer
The Multiple AVWAP indicator provides a comprehensive approach to volume-weighted price tracking, making it ideal for professional traders. While this tool enhances market clarity and trade decision-making, it should be used as part of a well-rounded trading strategy with risk management principles in place.
This indicator is provided for informational and educational purposes only. Trading involves risk, and past performance is not indicative of future results. Always conduct your own analysis and due diligence before executing trades.
OmegaTools - Enhancing Market Clarity with Precision Indicators
Custom TABI Model with LayersCustom Top and Bottom Indicator (TABI) (Is a Trend Adaptive Blow-Off Indicator) -
User Guide & Description
Introduction
The TABI (Trend Adaptive Blow-Off Indicator) is a refined, multi-layered RSI tool designed to enhance trend analysis, detect momentum shifts, and highlight overbought/oversold conditions with a more nuanced, color-coded approach. This indicator is useful for traders seeking to identify key reversal points, confirm trend strength, and filter trade setups more effectively than traditional RSI.
By incorporating volume-based confirmation and divergence detection, TABI aims to reduce false signals and improve trade timing.
How It Works
TABI builds on the Relative Strength Index (RSI) by introducing:
A smoothed RSI calculation for better trend readability.
11 color-coded RSI levels, allowing traders to visually distinguish weak, neutral, and extreme conditions.
Volume-based confirmation to detect high-conviction moves.
Bearish & Bullish Divergence Detection, inspired by Market Cipher methods, to spot potential reversals early.
Overbought & Oversold alerts, with optional candlestick color changes to highlight trade signals.
Key Features
✅ Color-Coded RSI for Better Readability
The RSI is divided into multi-layered color zones:
🔵 Light Blue: Extremely oversold
🟢 Lime Green: Mild oversold, potential trend reversal
🟡 Yellow & Orange: Neutral, momentum consolidation
🟠 Dark Orange: Caution, overbought conditions developing
🔴 Red: Extreme overbought, possible exhaustion
✅ Divergence Detection
Bearish Divergence: Price makes higher highs, RSI makes lower highs → Potential top signal
Bullish Divergence: Price makes lower lows, RSI makes higher lows → Potential bottom signal
✅ Volume Confirmation Filter
Requires a 50% above-average volume spike for strong buy/sell signals, reducing false breakouts.
✅ Dynamic Labels & Alerts
🚨 Blow-Off Top Warning: If RSI is overbought + volume spikes + divergence detected
🟢 Oversold Bottom Alert: If RSI is oversold + bullish divergence
Candlestick color changes when extreme conditions are met.
How to Use
📌 Entry & Exit Signals
Buy Consideration:
RSI enters Green Zone (oversold)
Bullish divergence detected
Volume confirms the move
Sell Consideration:
RSI enters Red Zone (overbought)
Bearish divergence detected
Volume confirms exhaustion
📌 Trend Confirmation
Use the yellow/orange levels to confirm strong trends before entering counter-trend trades.
📌 Filtering Trade Noise
The RSI smoothing helps reduce false whipsaws, making it easier to read true momentum shifts.
Customization Options
🔧 User-Defined RSI Thresholds
Adjust the overbought/oversold levels to match your trading style.
🔧 Divergence Sensitivity
Modify the lookback period to fine-tune divergence detection accuracy.
🔧 Volume Thresholds
Set custom volume multipliers to control confirmation requirements.
Why This is Unique
🔹 Unlike traditional RSI, TABI visually maps RSI zones into layered gradients, making it easy to spot momentum shifts.
🔹 The multi-layered color scheme adds an intuitive, heatmap-like effect to RSI, helping traders quickly gauge conditions.
🔹 Incorporates CCF-inspired divergence detection and volume filtering, making signals more robust.
🔹 Dynamic labeling system ensures clarity without cluttering the chart.
Alerts & Notifications
🔔 TradingView Alerts Included
🚨 Blow-Off Top Detected → RSI overbought + volume spike + bearish divergence.
🟢 Oversold Bottom Detected → RSI oversold + bullish divergence.
Set alerts to receive notifications without watching the charts 24/7.
Final Thoughts
TABI is designed to simplify RSI analysis, provide better trade signals, and improve decision-making. Whether you're day trading, swing trading, or long-term investing, this tool helps you navigate market conditions with confidence.
🔥 Use it to detect high-probability reversals, confirm trends, and improve trade entries/exits! 🚀
BBVOL SwiftEdgeBBVOL SwiftEdge – Precision Scalping with Volume and Trend Filtering
Optimized for scalping and short-term trading on fast-moving markets (e.g., 1-minute charts), BBVOL SwiftEdge combines Bollinger Bands, Heikin Ashi smoothing, volume momentum, and EMA trend alignment to deliver actionable buy/sell signals with visual trend cues. Ideal for forex, crypto, and stocks.
What Makes BBVOL SwiftEdge Unique?
Unlike traditional Bollinger Bands scripts that focus solely on price volatility, BBVOL SwiftEdge enhances signal precision by:
Using Heikin Ashi to filter out noise and confirm trend direction, reducing false signals in choppy markets.
Incorporating volume analysis to ensure signals align with significant buying or selling pressure (customizable thresholds).
Adding an EMA overlay to keep trades in sync with the short-term trend.
Coloring candlesticks (green for bullish, red for bearish, purple for consolidation) to visually highlight market conditions at a glance.
How Does It Work?
Buy Signal: Triggers when price crosses above the lower Bollinger Band, Heikin Ashi shows bullish momentum (close > open), buy volume exceeds your set threshold (default 30%), and price is above the EMA. A green triangle appears below the candle.
Sell Signal: Triggers when price crosses below the upper Bollinger Band, Heikin Ashi turns bearish (close < open), sell volume exceeds the threshold (default 30%), and price is below the EMA. A red triangle appears above the candle.
Trend Visualization: Candles turn green when price is significantly above the Bollinger Bands’ basis (indicating a bullish trend), red when below (bearish trend), or purple when near the basis (consolidation), based on a customizable threshold (default 10% of BB width).
Risk Management: Each signal calculates a stop-loss (10% beyond the opposite band) and take-profit (opposite band), plotted for reference.
How to Use It
Timeframe: Best on 1-minute to 5-minute charts for scalping; test higher timeframes for swing trading.
Markets: Works well in volatile markets like forex pairs (e.g., EUR/USD), crypto (e.g., BTC/USD), or liquid stocks.
Customization: Adjust Bollinger Bands length (default 10), multiplier (default 1.2), volume thresholds (default 30%), EMA length (default 3), and consolidation threshold (default 0.1%) to match your strategy.
Interpretation: Look for green/red triangles as entry signals, confirmed by candle colors. Purple candles suggest caution—wait for a breakout. Use stop-loss/take-profit levels for trade management.
Underlying Concepts
Bollinger Bands: Measures volatility and identifies overbought/oversold zones.
Heikin Ashi: Smooths price action to emphasize trend direction.
Volume Momentum: Calculates cumulative buy/sell volume percentages to confirm market strength (e.g., buyVolPercent = buyVolume / totalVolume * 100).
EMA: A fast-moving average (default length 3) ensures signals align with the immediate trend.
Chart Setup
The chart displays Bollinger Bands (orange), Heikin Ashi close (green circles), EMA (purple), and volume-scaled lines (lime/red). Signals are marked with triangles, and candle colors reflect trend state. Keep the chart clean by focusing on these outputs for clarity.
ReadyFor401ks Just Tell Me When!ReadyFor401ks Just Tell Me When!
LET ME START BY SAYING. NO INDICATOR WILL HELP YOU NAIL THE PERFECT ENTRY/EXIT ON A TRADE. YOU SHOULD ALWAYS EDUCATE YOURSELF AND HAVE A BASIC UNDERSTANDING OF INVESTING, TRADING, CHART ANALYSIS, AND THE RISKS INVOLVED WITH. THAT BEING SAID, WITH THE RIGHT ADJUSTMENTS, IT'S PRETTY D*$N CLOSE TO PERFECTION!
This indicator is designed to help traders identify t rend direction, continuation signals, and potential exits based on a dynamic blend of moving averages, ATR bands, and price action filters. Whether you’re an intraday trader scalping the 5-minute chart or a swing trader analyzing the weekly timeframe for LEAPS , this tool provides a clear, rule-based system to help guide your trading decisions.
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Key Features & Benefits
🔹 Customizable Trend Power (Baseline) Calculation
• Choose from JMA, EMA, HMA, TEMA, DEMA, SMA, VAMA, and WMA for defining your baseline trend direction.
• The baseline helps confirm whether the market is in a bullish or bearish phase.
🔹 ATR-Based Trend Continuation & Volatility Measurement
• ATR bands dynamically adjust to market conditions, helping you spot breakouts and fakeouts.
• The indicator detects when price violates ATR range , which often signals impulse moves.
🔹 Clear Entry & Exit Signals
• Uses a Continuation MA (SSL2) to confirm trends.
• Includes a separate Exit MA (SSL3) that provides crossover signals to indicate when to exit trades or reverse positions .
• Plots trend continuation circles when ATR conditions align with trend signals.
🔹 Keltner Channel Baseline for Market Structure
• A modified Keltner Channel is integrated into the baseline to help filter out choppy conditions .
• If price remains inside the baseline, the market is in consolidation , while breakouts beyond the bands indicate strong trends .
🔹 Adaptive Color Coding for Market Conditions
• Bars change color based on momentum, making trend direction easy to read.
• Green = Bullish Trend, Red = Bearish Trend, Gray = Neutral/Chop.
🔹 Flexible Alerts for Trade Management
• Get real-time alerts when the Exit MA crosses price , helping you l ock in profits or switch directions .
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How to Use This Indicator for Different Trading Styles
🟢 For Intraday Trading (5-Minute Chart Setup)
• Faster MA settings help react quickly to momentum shifts.
• Ideal for scalping breakouts, trend continuation setups, and intraday reversals.
• Watch for ATR violations and price interacting with the baseline/Keltner Channel for entries.
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My Settings for Intraday Trading on 5min Chart
ATR Period: 15
ATR Multi: 1
ATR Smoothing: WMA
Trend Power based off of: JMA
Trend Power Period: 30
Continuation Type: JMA
Continuation Length: 20
Calculate Exit of what MA?: HMA
Calculate Exit off what Period? 30
Source of Exit Calculation: close
JMA Phase *APPLIES TO JMA ONLY: 3
JMA Power *APPLIES TO JMA ONLY: 3
Volatility Lookback Period *APPLIES TO VAMA ONLY 30
Use True Range for Channel? Checked
Base Channel Multiplier: 0.4
ATR Continuation Criteria: 1.1
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🔵 For Swing Trading & LEAPS (Weekly Chart Setup - Default Settings)
• Slower MAs provide a broader view of trend structure.
• Helps capture multi-week trend shifts and confirm entry points for longer-term trades.
• Weekly ATR bands highlight when stocks are entering overextended conditions.
💡 Example:
Let’s say you’re looking at TSLA on a Weekly Chart using the default settings. You notice that price crosses above the continuation MA (SSL2) while remaining above the baseline (trend power MA). The bar turns green, and price breaks above ATR resistance, signaling a strong bullish continuation. This could be a great opportunity to enter a long-term swing trade or LEAPS options position.
On the flip side, if price reverses below the Exit MA (SSL3) and turns red while breaking the lower ATR band, it might signal a good time to exit longs or enter a short trade.
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Final Thoughts
The ReadyFor401ks Just Tell Me When! indicator is an all-in-one trading system that simplifies trend-following, volatility measurement, and trade management. By integrating multiple moving average types, ATR filters, and clear visual cues, it allows traders to stay disciplined and remove emotions from their trading decisions.
✅ Perfect for scalpers, day traders, and swing traders alike!
🔔 Set up alerts for automated trade signals and never miss a key move!
💬 If you find this indicator useful, leave a comment and share how you use it in your trading! 🚀
Liquidity Location Detector [BigBeluga]
This indicator helps traders identify potential liquidity zones by detecting significant volume levels at key highs and lows. By using color intensity and scoring numbers, it visually highlights areas where liquidity concentration may be highest while incorporating trend analysis through EMAs.
🔵Key Features:
Liquidity Zone Detection: Automatically detects and marks areas where significant volume has accumulated at swing highs and lows.
Dynamic Box Plotting: Draws liquidity boxes at key highs and lows, updating based on market conditions.
Volume Strength Scaling: Uses a scoring system to rank liquidity zones, helping traders identify the strongest areas.
Color Intensity for Volume Strength: More transperent color indicate less liquidity, while less transperent represent stronger volume concentrations.
Customizable Display: Users can adjust the number of displayed liquidity zones and modify colors to suit their trading style.
Real-Time Liquidity Adaptation: As price interacts with liquidity zones, the indicator updates dynamically to reflect changing market conditions.
Auto-Stopping Liquidity Zones: Liquidity boxes automatically stop extending to the right once price crosses them, preventing outdated zones from interfering with live market action.
Trend Analysis with EMAs: Includes two optional EMAs (fast and slow) to help traders analyze market trends. Users can enable or disable these EMAs in the settings and use crossover signals for trend confirmation.
🔵Usage:
Identify Key Liquidity Areas: Use color intensity and transparency levels to determine high-impact liquidity zones.
Support & Resistance Confirmation: Liquidity zones can act as potential support and resistance levels, enhancing trade decision-making.
Market Structure Analysis: Observe how price interacts with liquidity to anticipate breakout or reversal points.
Scalping & Swing Trading: Works for both short-term and long-term traders looking for liquidity-based trade setups.
Liquidation Map Insight: A liquidity map highlights areas where large amounts of leveraged positions (both long and short) are likely to get liquidated. Since many traders use leverage, sharp price movements can trigger a cascade of liquidations, leading to rapid price surges or drops. Monitoring these liquidity zones and trends helps traders anticipate where price might react strongly.
Liquidity Location Detector is an essential tool for traders seeking to map out potential liquidity zones, providing deeper insights into market structure and trading volume dynamics.
Non-Repainting Renko Emulation Strategy [PineIndicators]Introduction: The Repainting Problem in Renko Strategies
Renko charts are widely used in technical analysis for their ability to filter out market noise and emphasize price trends. Unlike traditional candlestick charts, which are based on fixed time intervals, Renko charts construct bricks only when price moves by a predefined amount. This makes them useful for trend identification while reducing small fluctuations.
However, Renko-based trading strategies often fail in live trading due to a fundamental issue: repainting .
Why Do Renko Strategies Repaint?
Most trading platforms, including TradingView, generate Renko charts retrospectively based on historical price data. This leads to the following issues:
Renko bricks can change or disappear when new data arrives.
Backtesting results do not reflect real market conditions. Strategies may appear highly profitable in backtests because historical data is recalculated with hindsight.
Live trading produces different results than backtesting. Traders cannot know in advance whether a new Renko brick will form until price moves far enough.
Objective of the Renko Emulator
This script simulates Renko behavior on a standard time-based chart without repainting. Instead of using TradingView’s built-in Renko charting, which recalculates past bricks, this approach ensures that once a Renko brick is formed, it remains unchanged .
Key benefits:
No past bricks are recalculated or removed.
Trading strategies can execute reliably without false signals.
Renko-based logic can be applied on a time-based chart.
How the Renko Emulator Works
1. Parameter Configuration & Initialization
The script defines key user inputs and variables:
brickSize : Defines the Renko brick size in price points, adjustable by the user.
renkoPrice : Stores the closing price of the last completed Renko brick.
prevRenkoPrice : Stores the price level of the previous Renko brick.
brickDir : Tracks the direction of Renko bricks (1 = up, -1 = down).
newBrick : A boolean flag that indicates whether a new Renko brick has been formed.
brickStart : Stores the bar index at which the current Renko brick started.
2. Identifying Renko Brick Formation Without Repainting
To ensure that the strategy does not repaint, Renko calculations are performed only on confirmed bars.
The script calculates the difference between the current price and the last Renko brick level.
If the absolute price difference meets or exceeds the brick size, a new Renko brick is formed.
The new Renko price level is updated based on the number of bricks that would fit within the price movement.
The direction (brickDir) is updated , and a flag ( newBrick ) is set to indicate that a new brick has been formed.
3. Visualizing Renko Bricks on a Time-Based Chart
Since TradingView does not support live Renko charts without repainting, the script uses graphical elements to draw Renko-style bricks on a standard chart.
Each time a new Renko brick forms, a colored rectangle (box) is drawn:
Green boxes → Represent bullish Renko bricks.
Red boxes → Represent bearish Renko bricks.
This allows traders to see Renko-like formations on a time-based chart, while ensuring that past bricks do not change.
Trading Strategy Implementation
Since the Renko emulator provides a stable price structure, it is possible to apply a consistent trading strategy that would otherwise fail on a traditional Renko chart.
1. Entry Conditions
A long trade is entered when:
The previous Renko brick was bearish .
The new Renko brick confirms an upward trend .
There is no existing long position .
A short trade is entered when:
The previous Renko brick was bullish .
The new Renko brick confirms a downward trend .
There is no existing short position .
2. Exit Conditions
Trades are closed when a trend reversal is detected:
Long trades are closed when a new bearish brick forms.
Short trades are closed when a new bullish brick forms.
Key Characteristics of This Approach
1. No Historical Recalculation
Once a Renko brick forms, it remains fixed and does not change.
Past price action does not shift based on future data.
2. Trading Strategies Operate Consistently
Since the Renko structure is stable, strategies can execute without unexpected changes in signals.
Live trading results align more closely with backtesting performance.
3. Allows Renko Analysis Without Switching Chart Types
Traders can apply Renko logic without leaving a standard time-based chart.
This enables integration with indicators that normally cannot be used on traditional Renko charts.
Considerations When Using This Strategy
Trade execution may be delayed compared to standard Renko charts. Since new bricks are only confirmed on closed bars, entries may occur slightly later.
Brick size selection is important. A smaller brickSize results in more frequent trades, while a larger brickSize reduces signals.
Conclusion
This Renko Emulation Strategy provides a method for using Renko-based trading strategies on a time-based chart without repainting. By ensuring that bricks do not change once formed, it allows traders to use stable Renko logic while avoiding the issues associated with traditional Renko charts.
This approach enables accurate backtesting and reliable live execution, making it suitable for trend-following and swing trading strategies that rely on Renko price action.
Profit Hunter @DaviddTechProfit Hunter @DaviddTech is an advanced multi-strategy indicator designed to give traders a significant edge in identifying high-probability trading opportunities across all market conditions. By combining the power of T3 adaptive moving averages, ADX-based trend strength analysis, SuperTrend trailing stops, and dynamic support/resistance detection, this indicator delivers a complete trading system in one powerful package.
## 📊 Recommended Usage
Timeframes: Most effective on 1H, 4H, and Daily charts for swing trading; 5M and 15M for day trading
Markets: Works across all markets including Forex, Crypto, Indices, and Stocks
Setup Guidelines: Look for T3 crossovers with strong ADX readings (>25) coinciding with breakout signals (yellow dots/red crosses) near key support/resistance levels for highest probability entries
## 🔥 Key Features:
### T3 Adaptive Trend Detection:
Utilizes premium T3 adaptive indicators instead of standard EMAs for superior smoothing and accuracy
Dynamic color-shifting cloud formation between fast and slow T3 lines reveals immediate trend direction
Proprietary transparency algorithm intensifies cloud colors during strong trends based on real-time ADX readings
### Advanced Support & Resistance Mapping:
Automatically identifies and marks key market structure levels during T3 crossovers
Dynamic horizontal level plotting with optional extension for monitoring future price interactions
Intelligent level validation - converts to dotted lines when price breaks through, maintaining visual clarity
### SuperTrend Trailing Stoploss System:
Professional-grade white trailing stop indicator adapts to market volatility using ATR calculations
Generates precise entry and exit signals with optional buy/sell labels at critical reversal points
Visual trend state highlighting for immediate assessment of current market position
### Breakout Detection & Confirmation:
Sophisticated dual-algorithm breakout system combining Bollinger Bands and Keltner Channels
Visual breakout alerts with yellow dots (bullish) and red crosses (bearish) for instant pattern recognition
Validates breakouts against T3 trend direction to minimize false signals
### Alpha Edge Color System:
Utilizes DaviddTech's signature color scheme with bullish green and bearish pink
Revolutionary transparency algorithm translates ADX readings into precise visual intensity
Higher ADX values produce more vivid colors, instantly communicating trend strength without additional indicators
## 💰 Trading Applications:
Alpha Discovery: Identify emerging trends before the majority of market participants
Precision Entry/Exit: Use SuperTrend signals combined with support/resistance levels for optimal trade execution
Risk Management: Set stops based on the white trailing stoploss line for mathematically-optimized protection
Trend Confirmation: Validate setups using the T3 cloud direction and ADX-based intensity
Breakout Trading: Capture explosive moves with confirmed Bollinger/Keltner breakout signals
Swing Position Management: Monitor extended support/resistance levels for multi-day positioning
## ✨ Strategy Example
As shown in the chart image, ideal entries occur when:
The T3 cloud turns bullish (green) or bearish (pink) with strong color intensity
A yellow dot (bullish) or red cross (bearish) breakout signal appears
Price respects the white SuperTrend line as support/resistance
The trade aligns with key horizontal support/resistance levels identified by the indicator
## 📝 Attribution
This indicator builds upon and enhances concepts from:
Market Trend Levels Detector by BigBeluga (support/resistance detection framework)
T3 indicator implementation by DaviddTech (adaptive moving average system)
Average Directional Index (ADX) methodology for trend strength measurement
Profit Hunter @DaviddTech represents the culmination of advanced technical analysis methodologies in one seamless system.
Autocorrelation Price Forecasting [The Quant Science]Discover how to predict future price movements using autocorrelation and linear regression models to identify potential trading opportunities.
An advanced model to predict future price movements using autocorrelation and linear regression. This script helps identify recurring market cycles and calculates potential gains, with clear visual signals for quick and informed decisions.
Main function
This script leverages an autocorrelation model to estimate the future price of an asset based on historical price relationships. It also integrates linear regression on percentage returns to provide more accurate predictions of price movements.
Insights types
1) Red label on a green candle: Bearish forecast and swing trading opportunity.
2) Red label on a red candle: Bearish forecast and trend-following opportunity.
3) Green label on a red candle: Bullish forecast and swing trading opportunity.
4) Green label on a green candle: Bullish forecast and trend-following opportunity.
IMPORTANT!
The indicator displays a future price forecast. When negative, it estimates a future price drop.
When positive, it estimates a future price increase.
Key Features
Customizable inputs
Analysis Length: number of historical bars used for autocorrelation calculation. Adjustable between 1 and 200.
Forecast Colors: customize colors for bullish and bearish signals.
Visual insights
Labels: hypothetical gains or losses are displayed as labels above or below the bars.
Dynamic coloring: bullish (green) and bearish (red) signals are highlighted directly on the chart.
Forecast line: A continuous line is plotted to represent the estimated future price values.
Practical applications
Short-term Trading: identify repetitive market cycles to anticipate future movements.
Visual Decision-making: colored signals and labels make it easier to visualize potential profit or loss for each trade.
Advanced Customization: adjust the data length and colors to tailor the indicator to your strategies.
Limitations
Prediction price models have some limitations. Trading decisions should be made with caution, considering additional market factors and risk management strategies.
200 EMA AlertHow It Works:
The 200 EMA calculates the average price over the last 200 periods, giving more weight to recent price movements for a smoother and more responsive trend line.
It helps traders determine whether the market is in a bullish (above 200 EMA) or bearish (below 200 EMA) phase.
Why Traders Use the 200 EMA:
✅ Trend Confirmation – If the price is above the 200 EMA, the trend is bullish; if below, the trend is bearish.
✅ Dynamic Support & Resistance – Price often reacts around the 200 EMA, making it a key level for entries and exits.
✅ Works on All Timeframes – Whether on the 1-minute chart or the daily timeframe, the 200 EMA is effective for scalping, swing trading, and long-term investing.
✅ Easy to Combine with Other Indicators – Traders pair it with RSI, MACD, or price action for stronger confirmation.
How to Use It in Trading:
📌 Trend Trading – Buy when price pulls back to the 200 EMA in an uptrend; sell when price retests it in a downtrend.
📌 Breakout Strategy – A strong candle breaking above/below the 200 EMA signals a possible trend reversal.
📌 Filtering Trades – Many traders only take long trades above and short trades below the 200 EMA to align with the overall market trend.
Conclusion:
The 200 EMA is an essential indicator for traders of all levels, offering clear trend direction, strong support/resistance zones, and trade filtering for better decision-making. Whether you're trading forex, stocks, or crypto, mastering the 200 EMA can give you a significant edge in the markets. 🚀📈
Market Trend Levels Detector [BigBeluga]Market Trend Levels Detector is an trend-following tool that utilizes moving average crossovers to identify key market trend levels. By detecting local highs and lows after EMA crossovers, the indicator helps traders track significant price zones and trend strength.
🔵 Key Features:
EMA Crossover-Based Trend Levels Detection:
Uses a fast and slow EMA to detect market flow shifts.
When the fast EMA crosses under the slow EMA, the indicator searches for the most recent local top and marks it with a label and horizontal level.
When the fast EMA crosses over the slow EMA, it searches for the most recent local low and marks it accordingly.
Dynamic Zone Levels:
Each detected high or low is plotted as a horizontal level, highlighting important price zones.
Traders can extend these levels to observe how price interacts with them over time.
If price crosses a level, its extension stops. Uncrossed levels continue expanding.
Gradient Trend Band Visualization:
The trend band is formed by shading the area between the two EMAs.
Color intensity varies based on volatility and trend strength.
Strong trends and high volatility areas appear with more intense colors, making trend shifts visually distinct.
🔵 Usage:
Trend Identification: Use EMA crossovers and trend bands to confirm bullish or bearish momentum.
Key Zone Mapping: Observe local high/low levels to track historical reaction points.
Breakout & Rejection Signals: Monitor price interactions with extended levels to assess potential breakouts or reversals.
Volatility Strength Analysis: Use color intensity in the trend band to gauge trend power and possible exhaustion points.
Scalping & Swing Trading: Ideal for both short-term scalping strategies and larger swing trade setups.
Market Trend Levels Detector is a must-have tool for traders looking to track market flow, key price levels, and trend momentum with dynamic visual cues. It provides a comprehensive approach to identifying high-probability trade setups using EMA-based flow detection and trend analysis.
EMA 5 Alert Candle ShortThe 5 EMA (Exponential Moving Average) Strategy is a simple yet effective trading strategy that helps traders identify short-term trends and potential entry and exit points. This strategy is widely used in intraday and swing trading, particularly in forex, stocks, and crypto markets.
Components of the 5 EMA Strategy
5 EMA: A fast-moving average that reacts quickly to price movements.
15-minute or 1-hour timeframe (commonly used, but adaptable to other timeframes).
Candlestick Patterns: To confirm entry signals.
How the 5 EMA Strategy Works
Buy (Long) Setup:
Price Above the 5 EMA: The price should be trading above the 5 EMA.
Pullback to the 5 EMA: A minor retracement or consolidation near the 5 EMA.
Bullish Candlestick Confirmation: A bullish candle (e.g., engulfing or pin bar) forms near the 5 EMA.
Entry: Enter a long trade at the close of the bullish candle.
Stop Loss: Place below the recent swing low or 5-10 pips below the 5 EMA.
Take Profit: Aim for a risk-reward ratio of at least 1:2 or trail the stop using a higher EMA (e.g., 10 or 20 EMA).
Sell (Short) Setup:
Price Below the 5 EMA: The price should be trading below the 5 EMA.
Pullback to the 5 EMA: A small retracement towards the 5 EMA.
Bearish Candlestick Confirmation: A bearish candle (e.g., engulfing or pin bar) near the 5 EMA.
Entry: Enter a short trade at the close of the bearish candle.
Stop Loss: Place above the recent swing high or 5-10 pips above the 5 EMA.
Take Profit: Aim for a 1:2 risk-reward ratio or use a trailing stop.
Additional Filters for Better Accuracy
Higher Timeframe Confirmation: Check the trend on a higher timeframe (e.g., 1-hour or 4-hour).
Volume Confirmation: Enter trades when volume is increasing.
Avoid Sideways Market: Use the strategy only when the market is trending.
Advantages of the 5 EMA Strategy
✔️ Simple and easy to use.
✔️ Works well in trending markets.
✔️ Helps traders capture short-term momentum.
Disadvantages
❌ Less effective in choppy or sideways markets.
❌ Requires discipline in following stop-loss rules.
Shavarie's MCV IndicatorShavarie's MCV Indicator (MACD + CCI + Volume Delta) is a custom-built trend-following and volume-based indicator that helps traders confirm market direction with high accuracy. It combines the MACD (Moving Average Convergence Divergence), CCI (Commodity Channel Index), and Volume Delta, ensuring that all three indicators align before making a trading decision. The goal is to filter out false signals and provide high-probability trade setups.
History & Development
Shavarie's MCV Indicator was developed by Shavarie Gordon, an experienced swing trader, to improve trend confirmation on Gold (XAUUSD) and other markets. After testing various indicators, Shavarie discovered that MACD, CCI, and Volume Delta together provide the best combination of trend strength, momentum, and real-time volume flow. This indicator was designed to eliminate lagging signals, improve win rates, and enhance market timing for both swing and scalping strategies.
How It Works & Calculations
MACD (Moving Average Convergence Divergence)
Measures momentum and trend strength using the difference between a 12-period EMA and a 26-period EMA.
The MACD line and Signal line crossover confirms buy/sell signals.
A rising MACD histogram confirms bullish strength, while a falling histogram confirms bearish strength.
CCI (Commodity Channel Index)
Measures how far the price is from its statistical average.
Above +100 → Overbought (strong trend continuation or reversal).
Below -100 → Oversold (strong trend continuation or reversal).
When CCI aligns with MACD, it confirms momentum strength.
Volume Delta
Measures the difference between buying and selling volume in real time.
A positive delta means more aggressive buying (bullish).
A negative delta means more aggressive selling (bearish).
Helps confirm MACD and CCI trends by showing real volume strength.
Key Takeaways & Features
✅ No false signals: All three indicators must align before entering a trade.
✅ Trend confirmation: Ensures momentum and volume agree before trading.
✅ Works on multiple timeframes: Designed for swing trading on the daily and scalping on 45 min + 5 min.
✅ Great for Gold & Metals: Optimized for XAUUSD, XAUJPY, XAU/AUD, and possibly Palladium (XPDUSD).
✅ Custom-built by a professional trader: Developed by Shavarie Gordon after extensive testing.
Summary
Shavarie’s MCV Indicator is a powerful and reliable trading tool that combines momentum, trend, and volume analysis. By ensuring that MACD, CCI, and Volume Delta align, it eliminates false signals and increases trade accuracy. Whether used for swing trading or scalping, this indicator helps traders enter high-probability trades with confidence.
[COG]TMS Crossfire 🔍 TMS Crossfire: Guide to Parameters
📊 Core Parameters
🔸 Stochastic Settings (K, D, Period)
- **What it does**: These control how the first stochastic oscillator works. Think of it as measuring momentum speed.
- **K**: Determines how smooth the main stochastic line is. Lower values (1-3) react quickly, higher values (3-9) are smoother.
- **D**: Controls the smoothness of the signal line. Usually kept equal to or slightly higher than K.
- **Period**: How many candles are used to calculate the stochastic. Standard is 14 days, lower for faster signals.
- **For beginners**: Start with the defaults (K:3, D:3, Period:14) until you understand how they work.
🔸 Second Stochastic (K2, D2, Period2)
- **What it does**: Creates a second, independent stochastic for stronger confirmation.
- **How to use**: Can be set identical to the first one, or with slightly different values for dual confirmation.
- **For beginners**: Start with the same values as the first stochastic, then experiment.
🔸 RSI Length
- **What it does**: Controls the period for the RSI calculation, which measures buying/selling pressure.
- **Lower values** (7-9): More sensitive, good for short-term trading
- **Higher values** (14-21): More stable, better for swing trading
- **For beginners**: The default of 11 is a good balance between speed and reliability.
🔸 Cross Level
- **What it does**: The centerline where crosses generate signals (default is 50).
- **Traditional levels**: Stochastics typically use 20/80, but 50 works well for this combined indicator.
- **For beginners**: Keep at 50 to focus on trend following strategies.
🔸 Source
- **What it does**: Determines which price data is used for calculations.
- **Common options**:
- Close: Most common and reliable
- Open: Less common
- High/Low: Used for specialized indicators
- **For beginners**: Stick with "close" as it's most commonly used and reliable.
🎨 Visual Theme Settings
🔸 Bullish/Bearish Main
- **What it does**: Sets the overall color scheme for bullish (up) and bearish (down) movements.
- **For beginners**: Green for bullish and red for bearish is intuitive, but choose any colors that are easy for you to distinguish.
🔸 Bullish/Bearish Entry
- **What it does**: Colors for the entry signals shown directly on the chart.
- **For beginners**: Use bright, attention-grabbing colors that stand out from your chart background.
🌈 Line Colors
🔸 K1, K2, RSI (Bullish/Bearish)
- **What it does**: Controls the colors of each indicator line based on market direction.
- **For beginners**: Use different colors for each line so you can quickly identify which line is which.
⏱️ HTF (Higher Timeframe) Settings
🔸 HTF Timeframe
- **What it does**: Sets which higher timeframe to use for filtering (e.g., 240 = 4 hour chart).
- **How to choose**: Should be at least 4x your current chart timeframe (e.g., if trading on 15min, use 60min or higher).
- **For beginners**: Start with a timeframe 4x higher than your trading chart.
🔸 Use HTF Filter
- **What it does**: Toggles whether the higher timeframe filter is applied or not.
- **For beginners**: Keep enabled to reduce false signals, especially when learning.
🔸 HTF Confirmation Bars
- **What it does**: How many bars must confirm a trend change on higher timeframe.
- **Higher values**: More reliable but slower to react
- **Lower values**: Faster signals but more false positives
- **For beginners**: Start with 2-3 bars for a good balance.
📈 EMA Settings
🔸 Use EMA Filter
- **What it does**: Toggles price filtering with an Exponential Moving Average.
- **For beginners**: Keep enabled for better trend confirmation.
🔸 EMA Period
- **What it does**: Length of the EMA for filtering (shorter = faster reactions).
- **Common values**:
- 5-13: Short-term trends
- 21-50: Medium-term trends
- 100-200: Long-term trends
- **For beginners**: 5-10 is good for short-term trading, 21 for swing trading.
🔸 EMA Offset
- **What it does**: Shifts the EMA forward or backward on the chart.
- **For beginners**: Start with 0 and adjust only if needed for visual clarity.
🔸 Show EMA on Chart
- **What it does**: Toggles whether the EMA appears on your main price chart.
- **For beginners**: Keep enabled to see how price relates to the EMA.
🔸 EMA Color, Style, Width, Transparency
- **What it does**: Customizes how the EMA line looks on your chart.
- **For beginners**: Choose settings that make the EMA visible but not distracting.
🌊 Trend Filter Settings
🔸 Use EMA Trend Filter
- **What it does**: Enables a multi-EMA system that defines the overall market trend.
- **For beginners**: Keep enabled for stronger trend confirmation.
🔸 Show Trend EMAs
- **What it does**: Toggles visibility of the trend EMAs on your chart.
- **For beginners**: Enable to see how price moves relative to multiple EMAs.
🔸 EMA Line Thickness
- **What it does**: Controls how the thickness of EMA lines is determined.
- **Options**:
- Uniform: All EMAs have the same thickness
- Variable: Each EMA has its own custom thickness
- Hierarchical: Automatically sized based on period (longer periods = thicker)
- **For beginners**: "Hierarchical" is most intuitive as longer-term EMAs appear more dominant.
🔸 EMA Line Style
- **What it does**: Sets the line style (solid, dotted, dashed) for all EMAs.
- **For beginners**: "Solid" is usually clearest unless you have many lines overlapping.
🎭 Trend Filter Colors/Width
🔸 EMA Colors (8, 21, 34, 55)
- **What it does**: Sets the color for each individual trend EMA.
- **For beginners**: Use a logical progression (e.g., shorter EMAs brighter, longer EMAs darker).
🔸 EMA Width Settings
- **What it does**: Controls the thickness of each EMA line.
- **For beginners**: Thicker lines for longer EMAs make them easier to distinguish.
🔔 How These Parameters Work Together
The power of this indicator comes from how these components interact:
1. **Base Oscillator**: The stochastic and RSI components create the main oscillator
2. **HTF Filter**: The higher timeframe filter prevents trading against larger trends
3. **EMA Filter**: The EMA filter confirms signals with price action
4. **Trend System**: The multi-EMA system identifies the overall market environment
Think of it as multiple layers of confirmation, each adding more reliability to your trading signals.
💡 Tips for Beginners
1. **Start with defaults**: Use the default settings first and understand what each element does
2. **One change at a time**: When customizing, change only one parameter at a time
3. **Keep notes**: Write down how each change affects your results
4. **Backtest thoroughly**: Test any changes on historical data before trading real money
5. **Less is more**: Sometimes simpler settings work better than complicated ones
Remember, no indicator is perfect - always combine this with proper risk management and other forms of analysis!
Hidden Order BlockThe Crystal Order Block Indicator is designed to help traders identify institutional order blocks with precision and reliability. By analyzing price action and volume behavior, this tool highlights high-probability zones where smart money has likely placed orders.
🔹 Key Features:
✅ Automated Order Block Detection – Identifies valid bullish & bearish order blocks based on price structure and volume dynamics.
✅ Unmitigated Order Block Filtering – Highlights fresh order blocks that haven’t been tapped, helping traders find high-probability trade setups.
✅ Smart Money Concepts (SMC) & ICT-Based Logic – Uses institutional trading principles to refine entry and exit points.
✅ Multi-Timeframe Compatibility – Works effectively on all timeframes, making it suitable for scalping, intraday, and swing trading.
✅ Customizable Alerts – Stay notified when a new order block forms, ensuring you never miss an opportunity.
✅ Risk Management Enhancement – Helps traders set precise stop-loss and take-profit levels based on institutional trading zones.
📌 How It Works:
The indicator scans price movements and detects areas where significant buying or selling pressure occurred, forming institutional order blocks. It then checks for mitigated vs. unmitigated order blocks, ensuring only the most relevant zones are displayed.
✔️ Bullish Order Blocks: Marked when a strong buying zone is detected, often acting as support.
✔️ Bearish Order Blocks: Identified in areas of strong selling pressure, often acting as resistance.
The indicator is optimized for Smart Money trading strategies, making it a valuable tool for traders who follow ICT, SMC, and VSA concepts.
🎯 How to Use It Effectively:
🔹 Entry Strategy: Wait for price to retest a fresh order block and confirm entry with additional confluences (e.g., volume spikes, price action signals).
🔹 Exit Strategy: Use order blocks as take-profit targets or stop-loss levels, improving risk-reward ratios.
🔹 Timeframe Recommendation: Best results on M30 and higher, but can be used on lower timeframes with additional confirmations.
🚀 What’s New in the Updated Version?
🔹 More Accurate Order Block Detection – Improved filtering for better precision.
🔹 Mitigation Tracking – Helps traders focus on fresh order blocks for higher success rates.
🔹 Better Visualization – Enhanced clarity for quick decision-making.
This indicator is a must-have for traders who want to trade like institutions and refine their trading strategy using smart money concepts.
Multi-Timeframe VWAP DashboardMulti-Timeframe VWAP Dashboard with Advanced Customization**
Unlock the power of **Volume-Weighted Average Price (VWAP)** across multiple timeframes with this highly customizable and feature-rich Pine Script. Designed for traders who demand precision and flexibility, this script provides a **comprehensive VWAP dashboard** that adapts to your trading style and strategy. Whether you're a day trader, swing trader, or long-term investor, this tool offers unparalleled insights into market trends and price levels.
---
### **Key Features:**
1. **Multi-Timeframe VWAP Calculation:**
- Calculate VWAP across **12-minute, 48-minute, 96-minute, 192-minute, daily, weekly, monthly, and even yearly timeframes**.
- Supports **custom timeframes** for tailored analysis.
2. **Price Source Selection:**
- Choose from multiple price sources for VWAP calculation, including **Open, High, Low, Close, HL2, HLC3, HLCC4, and All**.
- Optimize VWAP for **uptrends and downtrends** by selecting the most relevant price source.
3. **Customizable Labels:**
- Add **dynamic labels** to each VWAP line for quick reference.
- Customize label **colors, sizes, and offsets** to suit your chart setup.
- Display **price values** and **session types** (e.g., "12 Min", "Daily", "Weekly") directly on the chart.
4. **Advanced Session Detection:**
- Automatically detect new sessions for **intraday, daily, weekly, monthly, and yearly timeframes**.
- Ensures accurate VWAP calculations for each session.
5. **Plot Visibility Control:**
- Toggle the visibility of individual VWAP plots to **reduce clutter** and focus on the most relevant timeframes.
- Includes options for **short-term, medium-term, and long-term VWAPs**.
6. **Comprehensive Timeframe Coverage:**
- From **12-minute intervals** to **12-month intervals**, this script covers all major timeframes.
- Perfect for traders who analyze markets across multiple horizons.
7. **User-Friendly Inputs:**
- Intuitive input options for **timeframes, colors, labels, and offsets**.
- Easily customize the script to match your trading preferences.
8. **Dynamic Label Positioning:**
- Labels adjust automatically based on price movements and session changes.
- Choose from **multiple offset options** to position labels precisely.
9. **Miscellaneous Customization:**
- Adjust **text color, label size, and price display settings**.
- Enable or disable **price values** and **session type labels** for a cleaner chart.
---
### **Why Use This Script?**
- **Versatility:** Suitable for all trading styles, including scalping, day trading, swing trading, and long-term investing.
- **Precision:** Accurate VWAP calculations across multiple timeframes ensure you never miss key price levels.
- **Customization:** Tailor the script to your specific needs with a wide range of input options.
- **Clarity:** Dynamic labels and customizable plots make it easy to interpret market trends at a glance.
---
### **How It Works:**
1. **Select Your Price Source:**
- Choose the price source (e.g., Open, Close, HL2) for VWAP calculation based on your trading strategy.
2. **Choose Timeframes:**
- Define the timeframes for VWAP calculation, from intraday to yearly intervals.
3. **Customize Labels and Plots:**
- Enable or disable labels and plots for each timeframe.
- Adjust colors, sizes, and offsets to match your chart setup.
4. **Analyze Market Trends:**
- Use the VWAP lines and labels to identify **support/resistance levels**, **trend direction**, and **potential reversal points**.
5. **Adapt to Market Conditions:**
- Switch between timeframes and price sources to adapt to changing market conditions.
---
### **Ideal For:**
- **Day Traders:** Use short-term VWAPs (e.g., 12-minute, 48-minute) to identify intraday trends and key levels.
- **Swing Traders:** Leverage medium-term VWAPs (e.g., 96-minute, daily) to spot swing opportunities.
- **Long-Term Investors:** Analyze long-term VWAPs (e.g., weekly, monthly) to gauge overall market direction.
---
### **How to Get Started:**
1. Add the script to your TradingView chart.
2. Customize the inputs to match your trading preferences.
3. Analyze the VWAP lines and labels to make informed trading decisions.
---
### **Pro Tip:**
Combine this script with other technical indicators (e.g., moving averages, RSI) for a **holistic view** of the market. Use the VWAP lines as dynamic support/resistance levels to enhance your entry and exit strategies.
This script is a must-have tool for traders who value precision, flexibility, and clarity. Share it with your audience to help them elevate their trading game. Whether they're beginners or seasoned professionals, this **Multi-Timeframe VWAP Dashboard** will become an essential part of their toolkit.
Cumulative Price Change AlertCumulative Price Change Alert
Version: 1.0
Author: QCodeTrader 🚀
Overview 🔍
The Cumulative Price Change Alert indicator analyzes the percentage change between the current and previous open prices and sums these changes over a user-defined number of bars. It then generates visual buy and sell signals using arrows and labels on the chart, helping traders spot cumulative price momentum and potential trading opportunities.
Key Features ⚙️
Customizable Timeframe 🕒:
Use a custom timeframe or default to the chart's timeframe for price data.
User-Defined Summation 🔢:
Specify the number of bars to sum, allowing you to analyze cumulative price changes.
Custom Buy & Sell Conditions 🔔:
Set individual percentage change thresholds and cumulative sum thresholds to tailor signals for
your strategy.
Visual Alerts 🚀:
Displays green upward arrows for buy signals and red downward arrows for sell signals directly
on the chart.
Informative Labels 📝:
Provides labels with formatted percentage change and cumulative sum details for the analyzed
bars.
Versatile Application 📊:
Suitable for stocks, forex, crypto, commodities, and more.
How It Works ⚡
Price Change Calculation ➗:
The indicator calculates the percentage change between the current bar's open price and the
previous bar's open price.
Cumulative Sum ➕:
It then sums these percentage changes over the last N bars (as specified by the user).
Signal Generation 🚦:
Buy Signal 🟢: When both the individual percentage change and the cumulative sum exceed
their respective buy thresholds, a green arrow and label are displayed.
Sell Signal 🔴: Conversely, if the individual change and cumulative sum fall below the sell
thresholds, a red arrow and label are shown.
How to Use 💡
Add the Indicator ➕:
Apply the indicator to your chart.
Customize Settings ⚙️:
Set a custom timeframe if desired.
Define the number of bars to sum.
Adjust the buy/sell percentage change and cumulative sum thresholds to match your trading
strategy.
Interpret Visual Cues 👀:
Monitor the chart for green or red arrows and corresponding labels that signal potential buy or
sell opportunities based on cumulative price movements.
Settings Explained 🛠️
Custom Timeframe:
Select an alternative timeframe for analysis, or leave empty to use the current chart's timeframe.
Number of Last Bars to Sum:
Determines how many bars are used to compute the cumulative percentage change.
Buy Condition - Min % Change:
The minimum individual percentage change required to consider a buy signal.
Buy Condition - Min Sum of Bars:
The minimum cumulative percentage change over the defined bars needed for a buy signal.
Sell Condition - Max % Change:
The maximum individual percentage change threshold for a sell signal.
Sell Condition - Max Sum of Bars:
The maximum cumulative percentage change over the defined bars for triggering a sell signal.
Best Use Cases 🎯
Momentum Identification 📈:
Quickly spot strong cumulative price movements and momentum shifts.
Entry/Exit Signals 🚪:
Use the visual signals to determine potential entry and exit points in your trading.
Versatile Strategy Application 🔄:
Effective for scalping, swing trading, and longer-term analysis across various markets.
UPD: uncheck labels for better performance
Breakout indicatorThis indicator helps traders identify potential breakout levels based on the highest high and lowest low of the last N candles, inspired by the classic Turtle Trading strategy. The period (N) is fully customizable, allowing you to adapt it to your trading style. For daily charts, a period between 50 and 100 is recommended.
The indicator dynamically plots horizontal lines representing the highest high and lowest low over the selected period. These lines are updated in real-time as price action evolves. A breakout is confirmed when the price closes above the high line (for a bullish breakout) or below the low line (for a bearish breakout).
Customize the appearance of the lines with options for thickness, color, and style (solid, dotted, or dashed) to suit your chart preferences. Perfect for traders looking to implement a simple yet effective breakout strategy!
Key Features:
Editable period (N) for high/low calculation.
Real-time updates of high/low levels.
Customizable line thickness, color, and style.
Usage:
Use on daily charts for swing trading or position trading.
Combine with other indicators or price action analysis for better confirmation.
FVG Reversal Sentinel🔵 FVG Reversal Sentinel – Multi-Timeframe Fair Value Gap Indicator
The FVG Reversal Sentinel is a powerful TradingView indicator designed to help traders identify and track Fair Value Gaps (FVGs) across multiple timeframes, all within a single chart.
This tool allows you to select up to five separate timeframes, ensuring you never miss key market shifts, whether you are scalping, day trading, or swing trading. You can use this indicator in any asset (Cryptos, Futures, Indices, Forex Pairs, etc.).
🔵 - Key Features -
Multi-Timeframe FVG Tracking – Select and display up to five different timeframes on one chart, providing a comprehensive view of market structure.
Customizable Colors – Adjust bullish and bearish FVG colors to match your chart theme for a seamless trading experience.
Enhanced Market Context – Quickly identify key liquidity zones and refine your entries and exits with precision.
Hide the lower timeframes FVGs to get a clear view in a custom timeframe.
Show or hide mitigated FVGs to declutter the chart.
FVGs boxes are going to be displayed only when the candle bar closes
FVGs are going to be mitigated only when the body of the candle closes above or below the FVG area.
No repainting
Whether you're looking to fine-tune your entries or gain a broader market perspective, the FVG Reversal Sentinel indicator ensures you have the tools to stay ahead of price action and capitalize on market inefficiencies.
🔵 - Customization-
You can change the indicator settings as you see fit to achieve the best results for your use case.
TIMEFRAMES
This indicator provides the ability to select up to 5 timeframes. These timeframes are based on the trader's timeframes including any custom timeframes.
Select the desired timeframe from the options list.
Add the label text you would like to show for the selected timeframe.
Check or uncheck the box to display or hide the timeframe from your chart.
FVG SETTINGS
Length of boxes: allows you to select the length of the box that is going to be displayed for the FVGs.
Delete boxes after fill?: allows you to show or hide mitigated FVGs on your chart.
Hide FVGs lower than enabled timeframes?: allows you to show or hide lower timeframe FVGs on your chart. Example - You are in a 15 minutes timeframe chart, if you choose to hide lower timeframe FVGs you will not be able to see 5 minutes FVG defined in your Timeframes Settings, only 15 minutes or higher timeframe FVGs will be displayed on your chart.
BOX VISUALS
Bullish FVG box color: the color and opacity of the box for the bullish FVGs.
Bearish FVG box color: the color and opacity of the box for the bearish FVGs.
LABELS VISUALS
Bullish FVG labels color: the color for bullish labels.
Bearish FVG labels color: the color for bearish labels.
Labels size: the size of the text displayed in the labels.
Labels position: the position of the label inside the FVGs boxes (right, left or center).
BORDER VISUALS
Border width: the width of the border (the thickness).
Bullish FVG border color: the color and the opacity of the bullish box border.
Bearish FVG border color: the color and the opacity of the bearish box border.
🔵 - How to use the indicator -
Just add the indicator in your chart and click in the settings option to customize it.
Make sure you select the desired timeframes and set the colors and opacity for the FVGs boxes.
This indicator can be used in many trading strategies, such as:
SILVER BULLET
iFVG
iFVG RETEST
These strategies are based on the use of FVGs, this tool can help you analyze the market and make the right decision.
🔵 - How was the indicator designed? -
I have spent a lot of time testing other open source indicators from the community. All of these indicators do a great job, but they have a problem, they not only mitigate FVGs when a candle closes above or below the FVG, they also mitigate FVGs when the candle closes exactly to the tick (not above or below the FVG). This is a problem for many strategies that rely on FVGs mitigation.
What makes this indicator different is that it focuses on just mitigating imbalances at the right time for these strategies.
I have taken ideas and some pieces of code from many community indicator developers, such as:
@twingall
@tflab
@marktools
@nacho-fx
@pmk07
... and many other people, to whom I thank for their valuable work and have allowed me to create this tool by making modifications to their source code.
🔵 - Disclaimer -
This tool is intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. It's not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on any indicator for financial decisions.
RSI Divergence[UgurTash] – Real-Time📈 RSI Divergence – Real-Time, Adaptive, and Intelligent RSI Divergence Detection
🚀 What Does This Indicator Do?
RSI Divergence is a real-time divergence detection tool that helps traders identify bullish and bearish divergences between price and the Relative Strength Index (RSI). Unlike traditional RSI-based indicators, this script offers:
✅ Real-time detection – No need to wait for bar closes or repainting.
✅ Dynamic time-frame adaptation – The script automatically adjusts RSI settings based on the selected chart time frame.
✅ Multi-layered divergence analysis – Supports short-term, medium-term, and long-term divergence detection with an optional all-term mode that dynamically selects the best configuration.
🛠 How Does It Work?
Pivot-Based Divergence Detection:
The script analyzes pivot points on both price and RSI to determine valid divergences.
Bullish divergence occurs when price forms a lower low but RSI trends higher, indicating potential upward momentum.
Bearish divergence occurs when price forms a higher high but RSI trends lower, signaling possible weakness.
Adaptive RSI Calculation:
The RSI length is dynamically adjusted based on the chosen time frame:
Short-Term: RSI (7) for 1-5 min charts.
Medium-Term: RSI (14) for 15-60 min charts.
Long-Term: RSI (28) for 4H+ charts.
In All-Term Mode, the script automatically determines the best RSI length based on the active chart timeframe.
Smart Visualization & Alerts:
Bullish divergences are marked with green lines & labels.
Bearish divergences are highlighted in red.
Users can customize symbol size, divergence labels, and colors.
Instant alerts notify traders as soon as a divergence is detected.
🎯 How to Use This Indicator?
📌 For Trend Reversals: Look for bullish divergences at key support levels and bearish divergences at resistance zones.
📌 For Trend Continuation: Combine divergence signals with moving averages, volume analysis, or price action strategies to confirm trades.
📌 For Scalping & Swing Trading: Adjust the time-frame settings to match your trading style.
🏆 What Makes This Indicator Original?
🔹 Unlike standard RSI divergence indicators, this script features real-time analysis with no repainting, allowing for instant trading decisions.
🔹 The time-frame adaptive RSI makes it dynamic and suitable for any market condition.
🔹 The multi-term divergence detection offers flexibility, giving traders a precise view of both short-term & long-term market structure.
⚠ Note: No indicator guarantees 100% accuracy. Always use additional confirmations and sound risk management strategies.
If you find this tool useful, don’t forget to support & share! 🚀
Moneyball EMA-MACD indicator [VinnieTheFish]Summary of the Moneyball EMA-MACD Indicator Script
Author: VinnieTheFish
Purpose:
This indicator helps traders identify trend direction, momentum shifts, and potential trade signals based on EMA and MACD crossovers.
This Pine Script is a custom indicator that combines Exponential Moving Averages (EMAs) and MACD (Moving Average Convergence Divergence) to analyze price trends and momentum. The script uses a custom 9/50 MACD with a 16 smoothing period. The script is written in a way that you can create your own custom MACD settings and create alerts based on those parameters. The chart bars are color coded based on the relative position of the MACD and Signal line primarily for bullish long trade setups.
Bar color coding helps the trader spot potential reversals based on where the price currently resides in relation to the custom 9/50 EMA based MACD and the 16 period smoothing period for the signal line. Indicator also has custom alerts to notify the trader when a potential trade setup exists that correspond with the bar color change.
Question: So why is this called the Moneywell EMA-MACD Indicator?
Answer: In the movie Moneyball the Oakland A's broke down how to win a championship based on data. To make the playoffs you needed so many wins, then broken down by runs and then broken down to base hits. A base hit was good as a walk. With trading often times we look too often for home runs and ignore the importance of getting on base with small wins. This indicator was designed on shorter timeframes to identify those base hits, but can also be adapted to higher timeframes for swing trading.
Key Features:
User Inputs:
Configurable fast and slow lengths for MACD calculation.
Choice between SMA and EMA for oscillator and signal line smoothing.
Customizable signal smoothing length.
EMA Calculation:
Computes 3 EMA, 9 EMA, 20 EMA, and 50 EMA to track short-term and long-term trends.
MACD Calculation:
Computes MACD using either SMA or EMA based on user selection.
Generates the MACD signal line for comparison.
Crossover Conditions:
Detects MACD and Signal line crossovers above and below the zero line.
Identifies price momentum shifts.
Bar Coloring Logic:
Green: MACD is above 0 and above the signal line.
White: MACD is below the signal line.
Orange: MACD is below 0 but above the signal line.
Fuchsia: Bullish EMA 3/9 cross but price is still below the 20/50 EMA.
Alerts for Key Trading Signals:
MACD crossing above/below the zero line.
Signal line crossing above/below the zero line.
MACD reaching new highs/lows.
Alerts for colored bar conditions.
