Divergence Histogram for Many IndicatorHello Traders,
This script analyses divergences for 11 predefined indicators and then draws column on the graph. Red columns for negatif divergence (means prices may go down or trend reversal), Lime columns for positive divergences (means prices may go up or trend reversal)
The script uses Pivot Points and on each bar it checks divergence between last Pivot Point and current High/Low and if it finds any divergence then immediately draws column. There is no Latency/Lag.
There are predefined 11 indicators in the script, which are RSI , MACD , MACD Histogram, Stochastic , CCI , Momentum, OBV, Diosc, VWMACD, CMF and MFI.
Smaller Pivot Point Period check smaller areas and if you use smaller numbers it would be more sensitive and may give alerts very often. So you should set it accordingly.
There is "Check Cut-Through in indicators" option, I recomment you to enable it. it checks that there is cut-through in indicators or not, if no cut-through then it's shown as valid divergence.
You should see following one as well if you haven't yet:
Enjoy!
Cari dalam skrip untuk "中科电气技术指标分析（RSI、MACD、布林带）"
Divergence for many indicator v3Hello Everyone. Almost one year later, with Pine version 4, I developed new version of the Divergence for many Indicator.
It analyses divergences for 10 predefined indicators and then draws line on the graph. Red for negatif divergence (means prices may go down or trend reversal), Lime for positive divergences (means prices may go up or trend reversal)
Divergences version 2 has latency because it waits higher time frame completion. in this new version the script uses Pivot Points and on every bar it checks divergence between last Pivot point and current bar and if it finds any then immediately draws line and removes old one. so there is no latency with this version.
There are predefined 10 indicators in the script, you have option to choose which indicators the script would analyse for divergence. (RSI , MACD , MACD Histogram, Stochastic , CCI , Momentum, OBV, Diosc, VWMACD and CMF)
In replay mode you can see how the script puts new divergence line and removes old one. you better see it for yourself by using replay mode.
Hope you Enjoy!
ANN MACD BTC v2.0 This script is the 2nd version of the BTC Deep Learning (ANN) system.
Created with the following indicators and tools:
RSI
MACD
MOM
Bollinger Bands
Guppy Exponential Moving Averages:
(3,5,8,10,12,15,30,35,40,45,50,60)
Note: I was inspired by the CM Guppy Ema script.
Thank you very much to dear wroclai for his great help.
He has been a big help in the deep learning series.
That's why the licenses in this series are for both of us.
I'm sharing these series and thats the first. Stay tuned and regards!
Note : Alerts added.
Divergences for many indicators v2.0A gift from me to all.
This script is developed to find Divergences for many indicators. it analyses divergences and then draws line on the graph. red for negatif, lime for positive divergences.
Currently script checks divergence for RSI, MACD, MACD Histogram, Stochastic, CCI, Momentum, OBV, Diosc, VWMACD and CMF indicators. You can use some or all of these indicators to check divergences as you wish by choosing them on the menu. Also you can add/remove many other indicators to the script to check if there is divergence.
The script first calculates tops/bottoms by using higher time frame zig zag and then finds divergences.
Higher Time Frames are
if currend period 1 min => HTF = 5 mins
if currend period 3 mins => HTF = 15 mins
if currend period 5 mins => HTF = 15 mins
if currend period 15 mins => HTF = 1 hour
if currend period 30 mins => HTF = 1 hour
if currend period 45 mins => HTF = 1 hour
if currend period 1 hour => HTF = 4 hours
if currend period 2 hours => HTF = 4 hours
if currend period 3 hours => HTF = 4 hours
if currend period 4 hours => HTF = 1 day
if currend period 1 day => HTF = 1 week
if currend period 1 week => HTF = 1 week
future plan : script finds regular divergences, soon I will add hidden divergences and also I plan to add alert ;)
Divergence/Convergence v1.0 [LonesomeTheBlue]The script is developed to find Divergence/Convergence for various indicators
it counts number of Divergence/Convergence and draws arrow
Arrow length changes according to number of Divergence/Convergence
that means if there is Divergence/Convergence on one indicator then arrow length = 1
if there is Divergence/Convergence on two indicator then arrow length = 2 etc.
Currently script checks Divergence/Convergence for RSI, MACD, MACD Histogram, Momentum, CMF indicators
You can add/remove many other indicators to check if there is Divergence/Convergence
Price Divergence Detector V3 revised by JustUncleLThis is a revised version of the original "Price Divergence Detector by RicardoSantos".
Description:
Price Divergence detection for various methods : RSI, MACD, STOCH, VOLUME, ACC-DIST, FISHER, CCI, BB %B and Ehlers IdealRSI. Both Hidden and Regular Divergences are detected.
Mofidifications:
Revision 3.0 by JustUncleL
Added option to disable/enable Hidden and Regular Divergence
Added new divergence method BB %B (close only)
Added new divergence mothos Ehlers IdealRSI (close only)
Revision 2.0 - by RicardoSantos
References:
Information on Divergence Trading:
www.babypips.com
www.incrediblecharts.com (BB %B)
Insync Index [LazyBear]BB Support + Histo mode
-------------------------------
Code: pastebin.com
Show enclosing BB
Show Insync as Histo:
v02 - Configurable levels
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Small update to allow configuring the 95/75/25/5 levels.
Latest source code: pastebin.com
v01 - orginal description
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Insync Index, by Norm North, is a consensus indicator. It uses RSI, MACD, MFI, DPO, ROC, Stoch, CCI and %B to calculate a composite signal. Basically, this index shows that when a majority of underlying indicators is in sync, a turning point is near.
There are couple of ways to use this indicator.
- Buy when crossing up 5, sell when crossing down 95.
- Market is typically bullish when index is above 50, bearish when below 50. This can be a great confirmation signal for price action + trend lines.
Also, since this is typical oscillator, look for divergences between price and index.
Levels 75/25 are early warning levels. Note that, index > 75 (and less than 95) should be considered very bullish and index below 25 (but above 5) as very bearish. Levels 95/5 are equivalent to traditional OB/OS levels.
The various values of the underlying components can be tuned via options page. I have also provided an option to color bars based on the index value.
More info: The Insync Index by Norm North, TASC Jan 1995
drive.google.com
List of my free indicators: bit.ly
List of my app-store indicators: blog.tradingview.com
(Support doc: bit.ly)
FUMO 200 MagnetWhat it does
FUMO Magnet measures how far price has stretched away from its long-term “magnet” — a blended EMA/SMA moving average (200 by default).
It plots a logarithmic deviation (optionally normalized) as an oscillator around zero.
Above 0** → price is above the magnet (stretched up)
Below 0** → price is below the magnet (stretched down)
Guide levels** highlight potential overbought/oversold zones
---
Why log deviation?
Log returns make extremes comparable across cycles and compress exponential trends — especially useful for BTC and other crypto assets.
Normalization modes further adjust the scale, keeping the oscillator readable on any chart.
---
Inputs
**Base**
* Source (default: Close)
* Base Length (default: 200 EMA/SMA)
* EMA vs SMA weight (%) — 0% = pure SMA, 100% = pure EMA, 50% = blended
* EMA smoothing of deviation — acts as a noise filter
**Normalization**
* None (Log Deviation) — raw log stretch in % terms
* Z-score — deviation in standard deviations (σ)
* Robust Z (MAD) — deviation vs median absolute deviation, resistant to outliers
* Tanh squash — smooth nonlinear squash of extremes for compact scale
* Normalization window (for Z / MAD)
* Tanh scale (lower = stronger squash)
* Clamp after normalization — hard cap at ±X
**Levels**
* Guide levels (Upper / Lower) — visual thresholds (default ±12)
* Zero line toggle
---
### How to read it
* **Trend bias**: sustained time above 0 = uptrend, below 0 = downtrend
* **Stretch / mean reversion**: the farther from 0, the higher the reversion risk
* **Cross-checks**: combine with structure (HH/HL, LH/LL), volume, or momentum (RSI, MACD)
---
### Recommended settings by timeframe
**Long-term (1D / 1W)**
* Normalization: None (Log Deviation)
* Base Length: 200
* EMA vs SMA weight: 50% (adjust 35–65% for faster/slower magnet)
* Deviation smoothing: 20 (10–30 range)
* Guide levels: ±12 to ±20
* Use case: cycle extremes, portfolio rebalancing, trim/add logic
**Swing (4H – 1D)**
* Normalization: Z-score
* Window: 200 (100–250)
* Smoothing: 14–20
* Guide levels: ±2σ to ±3σ
* Use case: stretched conditions across regimes; ±3σ is rare, often mean-reverts
**Intraday / Active swing (1H – 4H)**
* Normalization: Robust Z (MAD)
* Window: 200 (150 for faster response)
* Smoothing: 10–16
* Guide levels: ±3 to ±4 (robust units)
* Use case: handles spikes better than σ, fewer false overbought/oversold signals
**Scalping / Universal readability (15m – 1H)**
* Normalization: Tanh squash
* Tanh scale: 6–10 (start with 8)
* Smoothing: 8–12
* Guide levels: ±8 to ±12
* Use case: compact panel across assets and timeframes; not % or σ, but visually consistent
---
### Optional
* Clamp: enable ±20 (or ±25) for strict bounded range (useful for public charts)
---
### Quick setups
**BTC Daily (“cycle view”)**
* Normalization: None
* Blend: 50%
* Smooth: 20
* Levels: ±12–15
**BTC 4H (“swing”)**
* Normalization: Z-score
* Window: 200
* Smooth: 16
* Levels: ±2.5σ to ±3σ
**Alts 1H (“volatile”)**
* Normalization: Robust Z (MAD)
* Window: 200
* Smooth: 12
* Levels: ±3.5 to ±4.5
**Mixed assets 15m (“compact panel”)**
* Normalization: Tanh squash
* Scale: 8
* Smooth: 10
* Levels: ±8–12
* Clamp: ±20
Custom Support & Resistance LevelsThe Smart Auto Trendline Indicator is designed to help traders quickly identify key market trends without the need for manual drawing. It automatically detects swing highs and lows, plots dynamic trendlines, and updates them in real-time as price evolves.
This tool is especially useful for traders who rely on trendline breakouts, pullback entries, or reversal confirmations. By simplifying chart analysis, it saves time and ensures more consistent results.
Key Features:
🔹 Automatic detection of valid swing highs and lows
🔹 Dynamic trendline plotting (auto-adjusts as price moves)
🔹 Highlights potential breakout and breakdown zones
🔹 Works on all timeframes and instruments (Forex, Stocks, Indices, Crypto)
🔹 Clean, non-intrusive design to keep charts clear
🔹 Customizable settings (line color, style, sensitivity)
How to Use:
Apply the indicator to your chart.
Observe automatically drawn trendlines.
Watch for breakouts above/below trendlines for trade entries.
Use in combination with other tools like RSI, MACD, or support/resistance for stronger confirmation.
Best For:
Breakout traders
Swing traders
Trend followers
Forex, Stocks, Crypto, Indices
MultiFactor Power Indicator v4 (No-Repaint) 📊 Strategy: Trend + Momentum + Signal Confirmation
This setup uses 3 layers so signals are reliable:
1. Trend Filter: 200 EMA → only take trades in trend direction.
2. Momentum Trigger: RSI + MACD combo to confirm momentum.
3. Entry/Exit Signal: Arrow on chart (Buy/Sell) with alerts — non-repainting because it only confirms on candle close.
Multi-Indicator Market SignalMulti-Indicator Market Signal with rsi , macd ,volume buy and sell signal
MA Crossover Detector
The Moving Average Crossover Detector is a custom indicator that visually shows buy and sell signals clearly on the chart. based on the crossing of two moving averages — a popular and beginner-friendly tool in technical analysis.
It plots two moving averages — One fast (short period) and one slow (long period) — and highlights crossover points:
✅ Buy Signal (Golden Cross) – When the fast MA crosses above the slow MA.
❌ Sell Signal (Death Cross) – When the fast MA crosses below the slow MA.
✅ Features
Visual: Clearly shows crossovers on the chart.
Customizable: Choose periods, types, styles, etc.
Alert-ready: You can set alerts for crossovers.
The Moving Average (MA) Crossover Strategy is one of the simplest and most widely used strategies in technical analysis for trading stocks, forex, crypto, and other markets. It relies on the interaction between two moving averages to generate buy and sell signals.
Core Components
Short-Term Moving Average (Fast MA) : Reacts quickly to price changes (e.g., 9-period or 20-period).
Long-Term Moving Average (Slow MA) : Reacts more slowly to price changes (e.g., 21-period or 200-period).
How the Strategy Works
Bullish Crossover (Golden Cross):
Occurs when the fast MA crosses above the slow MA. Interpreted as a buy signal, indicating a potential uptrend.
Bearish Crossover (Death Cross):
Occurs when the fast MA crosses below the slow MA. Interpreted as a sell signal, indicating a potential downtrend.
Common Variants
Short-term trading
9 EMA
21 EMA
Swing trading
20 SMA
50 SMA
Long-term investing
50 SMA
200 SMA
Pros
Easy to understand and implement
Works well in trending markets
Can be automated for backtesting and execution
Cons
Lagging indicator: MAs are based on past prices, so signals come after the move has started.
Choppy markets = whipsaws: Generates false signals in sideways/range-bound conditions.
May underperform in volatile or mean-reverting environments
Tips for Improvement
Use confirmation tools : e.g., RSI, MACD, volume analysis, price action
Add filters : Trend filter (ADX), volatility filter (ATR), or time filter (session-based)
Combine with price structure : Support/resistance, breakouts, pullbacks
TPC Strategy XAUUSD - M5 with Fixed SL/TPThis script implements a trend-following strategy for XAUUSD on the 5-minute chart, using 200 EMA and 21 EMA to filter direction. Entries are triggered based on RSI, MACD crossovers, and price action alignment. It includes fixed Stop Loss (15 pips) and Take Profit (22.5 pips) with visual SL/TP lines, BUY/SELL labels, and alert conditions for automated notifications. Designed for intraday scalping and low-risk entries during trending conditions.
BUY in HASH RibbonsHash Ribbons Indicator (BUY Signal)
A TradingView Pine Script v6 implementation for identifying Bitcoin miner capitulation (“Springs”) and recovery phases based on hash rate data. It marks potential low-risk buying opportunities by tracking short- and long-term moving averages of the network hash rate.
⸻
Key Features
• Hash Rate SMAs
• Short-term SMA (default: 30 days)
• Long-term SMA (default: 60 days)
• Phase Markers
• Gray circle: Short SMA crosses below long SMA (start of capitulation)
• White circles: Ongoing capitulation, with brighter white when the short SMA turns upward
• Yellow circle: Short SMA crosses back above long SMA (end of capitulation)
• Orange circle: Buy signal once hash rate recovery aligns with bullish price momentum (10-day price SMA crosses above 20-day price SMA)
• Display Modes
• Ribbons: Plots the two SMAs as colored bands—red for capitulation, green for recovery
• Oscillator: Shows the percentage difference between SMAs as a histogram (red for negative, blue for positive)
• Optional Overlays
• Bitcoin halving dates (2012, 2016, 2020, 2024) with dashed lines and labels
• Raw hash rate data in EH/s
• Alerts
• Configurable alerts for capitulation start, recovery, and buy signals
⸻
How It Works
1. Data Source: Fetches daily hash rate values from a selected provider (e.g., IntoTheBlock, Quandl).
2. Capitulation Detection: When the 30-day SMA falls below the 60-day SMA, miners are likely capitulating.
3. Recovery Identification: A rising 30-day SMA during capitulation signals miner recovery.
4. Buy Signal: Confirmed when the hash rate recovery coincides with a bullish shift in price momentum (10-day price SMA > 20-day price SMA).
⸻
Inputs
Hash Rate Short SMA: 30 days
Hash Rate Long SMA: 60 days
Plot Signals: On
Plot Halvings: Off
Plot Raw Hash Rate: Off
⸻
Considerations
• Timeframe: Best applied on daily charts to capture meaningful miner behavior.
• Data Reliability: Ensure the chosen hash rate source provides consistent, gap-free data.
• Risk Management: Use alongside other technical indicators (e.g., RSI, MACD) and fundamental analysis.
• Backtesting: Evaluate performance over different market cycles before live deployment.
Max Profit Min Loss Options Strategyoption when to buy and sell calls and puts indicator. it uses the rsi macd and volume indicators. it has high profit and low loses
Divergence Indicator with Multi-Length Pivot DetectionThis Pine Script, titled “Divergence Indicator with Multi-Length Pivot Detection”, tool that detects both regular and hidden divergences between price action and an oscillator (defaulting to close, but configurable). It features multi-length pivot logic, angle-based validation, no-cross filtering, and OB/OS region filtering, making it a robust and precise divergence engine. Below is a detailed breakdown:
⸻
🔧 Inputs and Configuration
• osc_src: Oscillator source (e.g. close, RSI, MACD).
• show_hidden: Toggles detection of hidden divergences.
• min_*_angle settings: Control the minimum angle thresholds (in degrees) for confirming valid divergences (ensures momentum is strong enough).
• validate_no_cross: Ensures oscillator and price slopes don’t “cross” the actual values (i.e. filters out invalid or messy trends).
• oversold_level, overbought_level: Used when use_ob_os_filter is enabled to require oscillator to be in OS/OB zones for regular divergence.
• min_div_length: Minimum distance in bars between previous and current pivot points.
⸻
🔁 Internal Engine Mechanics
1. Pivot Detection Engine (Phase 1: Historical Memory)
• For all combinations of left1 and right1 in the range :
• Records all valid pivot lows and pivot highs.
• Stores their:
• bar index
• price value
• oscillator value
This forms a “memory buffer” of past pivots that future price pivots are compared against.
2. Current Pivot Detection (Phase 2: Scanning)
• Loops through larger pivot configurations (left2 ∈ , right2 = 1) to detect new current pivots.
• For each new pivot, it compares against the historical pivots from phase 1.
⸻
📐 Slope and Angle Calculation
For each matching pivot pair (historical vs current):
• Price and Oscillator Slopes are calculated via linear regression, producing:
• price_angle
• osc_angle
• These are converted using math.atan() and math.todegrees() to get proper angular direction and intensity of trend.
⸻
🧠 Divergence Logic
✅ Bullish Divergence
• Regular Bullish: Price makes a lower low, oscillator makes a higher low.
• Hidden Bullish: Price makes a higher low, oscillator makes a lower low.
• Conditions:
• Must meet minimum angle thresholds.
• Optional: Must be in oversold region (osc_src < oversold_level).
• If validate_no_cross is enabled, linearly interpolated slope must not be violated.
✅ Bearish Divergence
• Regular Bearish: Price makes a higher high, oscillator makes a lower high.
• Hidden Bearish: Price makes a lower high, oscillator makes a higher high.
• Conditions mirror the bullish case (with polarity reversed).
⸻
🖍️ Visualization
• Draws colored lines between pivots for visual clarity:
• Green: Regular Bullish
• Lime: Hidden Bullish
• Red: Regular Bearish
• Maroon: Hidden Bearish
• Uses plotshape() to mark divergence bars:
• Triangle-up for bullish
• Triangle-down for bearish
The lines and shapes help quickly identify divergence zones with strong momentum structure.
⸻
🧪 Filtering Enhancements
• No Cross Slope Filter: Checks that oscillator and price values stay above/below their respective slope lines throughout the interval.
• OB/OS Filter: Restricts divergence signals to occur only in oversold/overbought conditions for regular divergences.
• Signal Thinning: Keeps line count to 100 using array.shift() and line.delete().
⸻
🧬 Design Philosophy
• Built to mimic institutional-grade divergence detection, avoiding common false positives.
• Uses adaptive pivots, rigorous angle validation, and noise filtering.
Flexi MA Heat ZonesOverview
Flexi MA Heat Zones is a powerful multi-timeframe visualization tool that helps traders easily identify trend strength, direction, and potential zones of confluence using multiple moving averages and dynamic heatmaps. The indicator plots up to three pairs of customizable moving averages, with color-coded heat zones to highlight bullish and bearish conditions at a glance.
Whether you're a trend follower, mean-reversion trader, or looking for visual confirmation zones, this indicator is designed to offer deep insights with high customizability.
⚙️ Key Features
🔄 Supports multiple MA types: Choose from EMA, SMA, WMA, VWMA to suit your strategy.
🎯 Six moving averages: Three MA pairs (MA1-MA2, MA3-MA4, MA5-MA6), each with independent lengths and colors.
🌈 Heatmap Zones: Dynamic fills between MA pairs, changing color based on bullish or bearish alignment.
👁️🗨️ Full customization: Enable/disable any MA pair and its heatmap zone from the settings.
🪞 Transparency controls: Adjust the visibility of heat zones for clarity or stylistic preference.
🎨 Color-coded for clarity: Bullish and bearish colors for each heat zone pair, fully user-configurable.
🧩 Efficient layout: Smart use of grouped inputs for easier configuration and visibility management.
📈 How to Use
Use the MA1–MA2 and MA3–MA4 zones for longer-term trend tracking and confluence analysis.
Use the faster MA5–MA6 zone for short-term micro-trend identification or scalping.
When a faster MA is above the slower one within a pair, the fill turns bullish (user-defined color).
When the faster MA is below the slower one, the fill turns bearish.
Combine with price action or other indicators for entry/exit confirmation.
🧠 Pro Tips
For trend-following strategies, consider using EMA or WMA types.
For mean-reversion or support/resistance zones, SMA and VWMA may offer better zone clarity.
Overlay with RSI, MACD, or custom entry signals for higher confidence setups.
Use different heatmap transparencies to visually separate overlapping MA zones.
S&R Zones MTF (TechnoBlooms)S&R Zones MTF – Multi-Timeframe Support & Resistance Boxes
🔍 Overview
S&R Zones MTF is a professional-grade yet beginner-friendly indicator that dynamically plots Support & Resistance zones across multiple timeframes, helping traders recognize high-probability reversal areas, entry confirmations, and price reaction points.
This tool visualizes structured zones as colored boxes, allowing both new and experienced traders to analyze multi-timeframe confluence with ease and clarity.
🧠 What Is This Indicator?
S&R Zones MTF automatically detects the most significant support and resistance levels from up to four custom timeframes, using a configurable lookback period. These zones are displayed as colored horizontal boxes directly on the chart, making it easy to:
Spot where price has historically reacted
Identify potential reversal or breakout zones
Confirm entries with institutional-style precision
🛠️ Key Features
✅ Multi-Timeframe Zone Detection (up to 4 timeframes)
📦 Auto Plotted Boxes for Support (Blue) & Resistance (Pink)
🧱 Dynamic Height based on average price range or fixed input
🏷️ Timeframe Labels to instantly identify zone origin
🎛️ Customizable inputs: Lookback length, box color, height style
🔁 Real-time updates as price structure changes
🎓 Educational & Easy to Use
Whether you’re a new trader learning about price structure, or a professional applying institutional concepts, this tool offers an educational layout to understand:
How price respects historic zones
Why multi-timeframe zones offer stronger confluence
How to use zones for entry, exit, or risk placement
📈 How to Use (Multi-Timeframe Strategy)
Select Your Timeframes – Customize up to 4 higher timeframes (e.g., 1m, 5m, 15m, 1h).
Observe Overlapping Zones – When multiple timeframes agree, those zones are more significant.
Entry Confirmation – Wait for price to reach a zone, then look for reversal patterns (engulfing candle, pin bar, etc.)
Combine with Other Tools – Use alongside indicators like RSI, MACD, or Order Blocks for added confidence.
💡 Pro Tips
Zones from higher timeframes (1H, 4H) are often more powerful and reliable.
Confluence matters: If a 15m support zone aligns with a 1H support zone — that's a high-probability reaction area.
Use break-and-retest strategies with zone rejections for sniper entries.
Enable "Auto Height" for a more adaptive, volatility-based zone display.
🌟 Summary
S&R Zones MTF blends precision, clarity, and professional analysis into a visual structure that’s easy to understand. Whether you're learning support & resistance or optimizing your MTF edge — this tool will bring clarity to your charts and confidence to your trades.
CVD Divergence + Volume HMA RSI MACD StrategyHow the script works:
The script calculates the HMA for trend direction. The HMA (shown in orange) is used as a filter: long trades are taken only if price is above the HMA, and short trades when below.
The CVD is computed by cumulatively adding volume on up bars and subtracting volume on down bars.
Pivot routines (with the input "Pivot Length") detect swing lows/highs for both price and CVD. A bullish divergence is flagged when the price makes a lower low while the CVD makes a higher low. Similarly, a bearish divergence is flagged when the price makes a higher high while the CVD makes a lower high.
Trading is triggered when the divergence condition also agrees with the HMA filter.
Feel free to further adjust the parameters or add risk‐management/exit rules as needed for your trading style.
Price over VolumeVersion 0.1
Price over Volume Indicator
Description
The Price over Volume indicator calculates the ratio of the closing price to the trading volume (price / volume) for the current chart's symbol and displays it as a histogram in a separate pane. A horizontal zero line is included as a reference to highlight positive and negative values or periods of undefined data (e.g., zero volume). The indicator is designed to help traders analyze the relationship between price movements and trading volume.
Insights Provided
Price-Volume Dynamics: The indicator shows how price per unit of volume fluctuates, offering insights into market efficiency and liquidity. High ratios may indicate low volume relative to price, suggesting potential volatility or thin markets, while low ratios may reflect high volume supporting price stability.
Trend and Momentum Analysis: Spikes or trends in the price-to-volume ratio can signal significant market events, such as buying/selling pressure or low liquidity periods, helping traders identify potential reversals or continuations.
Zero Line Reference: The zero line helps identify periods where the ratio is undefined (e.g., zero volume) or negative (if applicable), aiding in the interpretation of market conditions.
Volume Sensitivity: By normalizing price by volume, the indicator highlights how volume influences price movements, which is useful for assessing the strength of trends or breakouts.
How to Use
Setup: Apply the indicator to any chart with price and volume data (e.g., stocks, cryptocurrencies like BINANCE:BTCUSDT). The histogram appears in a separate pane below the main chart.
Interpretation :
High Ratios: Indicate low trading volume relative to price, potentially signaling overbought conditions or low liquidity. Use with caution in thin markets.
Low Ratios: Suggest high volume supporting price levels, indicating stronger market participation or stability.
Spikes: Watch for sudden increases in the ratio, which may precede volatility or significant price moves.
Zero Line: Periods where the histogram is absent (due to zero volume) indicate no trading activity, useful for identifying illiquid periods.
Trading Applications:
Confirmation Tool: Combine with other indicators (e.g., RSI, MACD) to confirm trend strength. A rising price-to-volume ratio with a price uptrend may indicate weakening volume support, suggesting a potential reversal.
Volume Analysis: Use alongside volume-based indicators (e.g., OBV, VWAP) to assess whether price movements are backed by sufficient volume.
Scalping/Day Trading: Monitor intraday ratio changes to identify high-impact periods with low volume, which may offer short-term trading opportunities.
Customization: Adjust the histogram color or style (e.g., change to line plot) via the Pine Editor to suit your preferences. Consider adding smoothing (e.g., moving average) for cleaner signals.
Notes
Data Requirements: Ensure the chart’s symbol has valid volume data. Symbols with no volume (e.g., some forex pairs) will result in undefined (na) values.
Limitations: The indicator is sensitive to zero-volume periods, which may cause gaps in the histogram. Use on high-liquidity symbols for best results.
Performance: Lightweight and efficient, suitable for all timeframes.
This indicator is ideal for traders seeking to understand the interplay between price and volume, offering a unique perspective on market dynamics for informed trading decisions.
IU Fibonacci Levels For IntradayDESCRIPTION
This indicator draws intraday Fibonacci levels from the opening price of the day using percentage-based retracements. It helps traders identify potential intraday support and resistance zones derived from the day’s opening bias. The levels are dynamically calculated and displayed with optional labels and customizable colors, making it an effective tool for both breakout and mean-reversion intraday strategies.
USER INPUTS
Direction Of The Level
Choose whether to show Upside, Downside, or Both level sets based on your directional bias.
Show Labels of Levels
Option to enable or disable text labels displaying Fibonacci values and prices.
Individual Level Toggles & Colors
You can choose to show or hide each of the following Fibonacci levels and set their respective colors:
* 0.236
* 0.328
* 0.500
* 0.618
* 0.786
* 1.000
INDICATOR LOGIC
On the first bar of the session, the opening price is captured.
Fibonacci levels are then calculated above and below this open using percentage multipliers (for example, day\_open + (day\_open \* 0.236%) for the 0.236 level).
Depending on the selected direction, upside and/or downside levels are plotted.
Filled zones are drawn between levels to visually highlight key price zones.
Optionally, each level can be labeled with its Fibonacci value and price.
WHY IT IS UNIQUE
Unlike traditional swing-based Fibonacci retracements, this tool uses the day’s opening price as an anchor, specifically designed for intraday traders.
Allows traders to quickly visualize micro-support and resistance levels that adapt every day.
Highly customizable and easy to read, with filled level bands for better zone recognition.
Works independently of indicators like RSI, MACD, or moving averages – purely based on price action logic.
HOW USER CAN BENEFIT FROM IT
Spot precise intraday reversal zones or breakout regions.
Combine with price action or volume analysis for smarter entries.
Filter trades by choosing directional bias (Up Site, Down Site, or Both).
Set profit targets or stop-losses based on Fibonacci bands.
Works great for scalpers, day traders, and even short-term swing traders looking to align with opening price momentum.
Disclaimer
This indicator is not financial advice, it's for educational purposes only highlighting the power of coding( pine script) in TradingView, I am not a SEBI-registered advisor. Trading and investing involve risk, and you should consult with a qualified financial advisor before making any trading decisions. I do not guarantee profits or take responsibility for any losses you may incur.
Adaptive Cycle Oscillator with EMADescription of the Adaptive Cycle Oscillator with EMA Pine Script
This Pine Script, titled "Adaptive Cycle Oscillator with EMA", is a custom technical indicator designed for TradingView to help traders analyze market cycles and identify potential buy or sell opportunities. It combines an Adaptive Cycle Oscillator (ACO) with multiple Exponential Moving Averages (EMAs), displayed as colorful, wavy lines, and includes features like buy/sell signals and divergence detection. Below is a beginner-friendly explanation of how the script works, adhering to TradingView's Script Publishing Rules.
What This Indicator Does
The Adaptive Cycle Oscillator with EMA helps you:
Visualize market cycles using an oscillator that adapts to price movements.
Track trends with seven EMAs of different lengths, plotted as a rainbow of wavy lines.
Identify potential buy or sell signals when the oscillator crosses predefined thresholds.
Spot divergences between the oscillator and price to anticipate reversals.
Use customizable settings to adjust the indicator to your trading style.
Note: This is a technical analysis tool and does not guarantee profits. Always combine it with other analysis methods and practice risk management.
Step-by-Step Explanation for New Users
1. Understanding the Indicator
Adaptive Cycle Oscillator (ACO): The ACO analyzes price data (based on high, low, and close prices, or HLC3) to detect market cycles. It smooths price movements to create an oscillator that swings between overbought and oversold levels.
EMAs: Seven EMAs of different lengths are applied to the ACO and scaled based on the market's dominant cycle. These EMAs are plotted as colorful, wavy lines to show trend direction.
Buy/Sell Signals: The script generates signals when the ACO crosses above or below user-defined thresholds, indicating potential entry or exit points.
Divergence Detection: The script identifies bullish or bearish divergences between the ACO and the fastest EMA, which may signal potential reversals.
Visual Style: The indicator uses a rainbow of seven colors (red, orange, yellow, green, blue, indigo, violet) for the EMAs, with wavy lines for a unique visual effect. Static levels (zero, overbought, oversold) are also wavy for consistency.
2. How to Add the Indicator to Your Chart
Open TradingView and load the chart of any asset (e.g., stock, forex, crypto).
Click on the Indicators button at the top of the chart.
Search for "Adaptive Cycle Oscillator with EMA" (or paste the script into TradingView’s Pine Editor if you have access to it).
Click to add the indicator to your chart. It will appear in a separate panel below the price chart.
3. Customizing the Indicator
The script offers several input options to tailor it to your needs:
Base Cycle Length (Default: 20): Sets the initial period for calculating the dominant cycle. Higher values make the indicator slower; lower values make it more sensitive.
Alpha Smoothing (Default: 0.07): Controls how much the ACO smooths price data. Smaller values produce smoother results.
Show Buy/Sell Signals (Default: True): Toggle to display green triangles (buy) and red triangles (sell) on the chart.
Threshold (Default: 0.0): Defines overbought (above threshold) and oversold (below threshold) levels. Adjust to widen or narrow signal zones.
EMA Base Length (Default: 10): Sets the starting length for the fastest EMA. Other EMAs are incrementally longer (12, 14, 16, etc.).
Divergence Lookback (Default: 14): Determines how far back the script looks to detect divergences.
To adjust these:
Right-click the indicator on your chart and select Settings.
Modify the inputs in the pop-up window.
Click OK to apply changes.
4. Reading the Indicator
Oscillator and EMAs: The ACO and seven EMAs are plotted in a separate panel. The EMAs (colored lines) move in a wavy pattern:
Red (fastest) to Violet (slowest) represent different response speeds.
When the faster EMAs (e.g., red, orange) are above slower ones (e.g., blue, violet), it suggests bullish momentum, and vice versa.
Zero Line: A gray wavy line at zero acts as a neutral level. The ACO above zero indicates bullish conditions; below zero indicates bearish conditions.
Overbought/Oversold Lines: Red (overbought) and green (oversold) wavy lines mark threshold levels. Extreme ACO values near these lines may suggest reversals.
Buy/Sell Signals:
Green Triangle (Bottom): Appears when the ACO crosses above the oversold threshold, suggesting a potential buy.
Red Triangle (Top): Appears when the ACO crosses below the overbought threshold, suggesting a potential sell.
Divergences:
Green Triangle (Bottom): Indicates a bullish divergence (price makes a lower low, but the EMA makes a higher low), hinting at a potential upward reversal.
Red Triangle (Top): Indicates a bearish divergence (price makes a higher high, but the EMA makes a lower high), hinting at a potential downward reversal.
5. Using Alerts
You can set alerts for key events:
Right-click the indicator and select Add Alert.
Choose a condition (e.g., "ACO Buy Signal", "Bullish Divergence").
Configure the alert settings (e.g., notify via email, app, or pop-up).
Click Create to activate the alert.
Available alert conditions:
ACO Buy Signal: When the ACO crosses above the oversold threshold.
ACO Sell Signal: When the ACO crosses below the overbought threshold.
Bullish Divergence: When a potential upward reversal is detected.
Bearish Divergence: When a potential downward reversal is detected.
6. Tips for Using the Indicator
Combine with Other Tools: Use the indicator alongside support/resistance levels, candlestick patterns, or other indicators (e.g., RSI, MACD) for confirmation.
Test on Different Timeframes: The indicator works on any timeframe (e.g., 1-minute, daily). Shorter timeframes may produce more signals but with more noise.
Practice Risk Management: Never rely solely on this indicator. Set stop-losses and position sizes to manage risk.
Backtest First: Use TradingView’s Strategy Tester (if you convert the script to a strategy) to evaluate performance on historical data.
Compliance with TradingView’s Script Publishing Rules
This description adheres to TradingView’s Script Publishing Rules (as outlined in the provided link):
No Performance Claims: The description avoids promising profits or specific results, emphasizing that the indicator is a tool for analysis.
Clear Instructions: It provides step-by-step guidance for adding, customizing, and using the indicator.
Risk Disclaimer: It notes that trading involves risks and the indicator should be used with other analysis methods.
No Misleading Terms: Terms like “buy” and “sell” are used to describe signals, not guaranteed actions.
Transparency: The description explains the indicator’s components (ACO, EMAs, signals, divergences) without exaggerating its capabilities.
No External Links: The description avoids linking to external resources or soliciting users.
Educational Tone: It focuses on educating users about the indicator’s functionality.
Limitations
Not a Standalone System: The indicator is not a complete trading strategy. It provides insights but requires additional analysis.
Lagging Nature: As with most oscillators and EMAs, signals may lag behind price movements, especially in fast markets.
False Signals: Signals and divergences may not always lead to successful trades, particularly in choppy markets.
Market Dependency: Performance varies across assets and market conditions (e.g., trending vs. ranging markets).
Percent Change of Range Candles - FullPercent Change of Range Candles – Full (PCR Full)
Description:
PCR Full is a custom momentum indicator that measures the percentage price change relative to a defined range, offering traders a unique way to evaluate strength, direction, and potential reversals in price movement.
How it works:
The main value (PCR) is calculated by comparing the price change over a selected number of candles (length) to the range between the highest high and lowest low in the same period.
This percentage change is normalized and visualized with dynamic candles on the subgraph.
Reference levels at +100, +50, 0, -50, and -100 serve as key zones to indicate potential overbought/oversold conditions, continuation, or neutrality.
How to read the indicator:
1. Trend continuation:
When PCR breaks above +50 and holds, it often confirms a strong bullish move.
Similarly, values below -50 and staying low signal a bearish continuation.
2. Wick behavior (volatility insight):
Long wicks on PCR candles suggest uncertainty or failed breakout attempts.
Short or no wicks with strong body color show stable momentum and conviction.
On the chart, multiple long wicks near -50 suggest bulls are attempting to push price upward, but lack the strength — until a confirmed breakout.
3. Polarity transition (Bearish to Bullish or vice versa):
A transition from negative PCR values to above zero shows that the market is possibly turning.
Especially if PCR climbs gradually and stabilizes above zero, it indicates a developing bullish phase.
Components:
Main PCR line: Color-coded (green for rising, red for falling).
Open Average (gray line): Smooths recent PCR values, indicating balance.
High/Low adaptive bands: Adjust dynamically to PCR polarity.
PCR Candles: Visualize OHLC of PCR data for enhanced interpretation.
Suggested use cases:
Enter trend trades when PCR crosses +50 or -50 with volume or price confirmation.
Watch for reversal signs near ±100 if PCR fails to break further.
Use 0 line as a neutral zone — markets hovering near 0 are often in consolidation.
Combine with price action or oscillators like RSI/MACD for additional signals.
Customization:
The length input allows users to define the range for PCR calculations, making it adjustable to various timeframes and strategies (scalping, intraday, swing).
