Mulakan

Trend

Market Efficiency Ratio [Interakktive]The Market Efficiency Ratio decomposes price movement into two components: net progress vs wasted movement. This tool exposes the underlying math that most traders never see, helping you understand when price is moving efficiently versus chopping sideways. Unlike simple trend indicators, this shows you WHY price movement matters โ€” not just whether it's up or down, but how much of that movement was useful directional progress versus noisy oscillation. โ–ˆ WHAT IT DOES โ€ข Calculates Efficiency Ratio (0โ€“1 or 0โ€“100) measuring directional progress โ€ข Exposes Net Displacement (how far price actually moved) โ€ข Exposes Path Length (total distance price traveled) โ€ข Calculates Chop Cost (wasted movement) โ€ข Visual zones for high/mid/low efficiency states โ–ˆ WHAT IT DOES NOT DO โ€ข NO signals, NO entries/exits, NO buy/sell โ€ข NO performance claims โ€ข NO predictions โ€” purely diagnostic โ€ข This is a tool for understanding price behavior โ–ˆ HOW IT WORKS The efficiency ratio answers one question: "Of all the movement price made, how much was useful progress?" ๐Ÿ”น THE MATH Over a lookback period of N bars: Net Displacement = |Close - Close | Path Length = ฮฃ |Close - Close | for all bars Efficiency Ratio = Net Displacement / Path Length ๐Ÿ”น INTERPRETATION โ€ข Efficiency = 1.0 (100%): Price moved in a straight line โ€” every tick was progress โ€ข Efficiency = 0.5 (50%): Half the movement was wasted in back-and-forth chop โ€ข Efficiency = 0.0 (0%): Price ended exactly where it started โ€” all movement was noise ๐Ÿ”น CHOP COST This is the "wasted movement" โ€” how much price traveled without making progress: Chop Cost = Path Length - Net Displacement Chop % = Chop Cost / Path Length High chop cost means lots of effort for little result โ€” a warning sign for trend traders. โ–ˆ VISUAL GUIDE Three efficiency zones: โ€ข GREEN (โ‰ฅ70): High efficiency โ€” strong directional movement โ€ข YELLOW (30-70): Mixed efficiency โ€” some progress, some chop โ€ข RED (<30): Low efficiency โ€” mostly noise, little progress โ–ˆ INPUTS Lookback Length (default: 14) Number of bars to calculate efficiency over. Higher values produce smoother readings but respond slower to changes. Smoothing Length (default: 5) EMA smoothing applied to the output. Reduces noise in the efficiency reading. Apply Smoothing (default: true) Toggle EMA smoothing on/off. Scale Mode (default: 0โ€“100) Display as percentage (0-100) or decimal ratio (0-1). Show Reference Bands (default: true) Display the high/low efficiency threshold lines. Low/High Efficiency Level (default: 30/70) Thresholds for classifying efficiency zones. Overlay Effect (default: None) โ€ข None: No overlay โ€ข Background Tint: Subtle chart background color in high/low zones โ€ข Bar Highlight: Color bars during low efficiency periods Show Data Window Values (default: true) Export all raw values (Net Displacement, Path Length, Efficiency, Chop Cost, Chop %) to the data window for analysis. โ–ˆ USE CASES This indicator helps traders understand: โ€ข Why some trends are "clean" and others are "messy" โ€ข When price is consolidating vs trending (without using volume) โ€ข The relationship between movement and progress โ€ข Why high-chop environments are difficult to trade This is the foundational concept behind more advanced regime detection systems. โ–ˆ SUITABLE MARKETS Works on: Stocks, Futures, Forex, Crypto Timeframes: All timeframes Note: This is a price-only indicator โ€” no volume required โ–ˆ DISCLAIMER This indicator is for informational and educational purposes only. It does not constitute financial advice. It does not generate trading signals. Past performance does not guarantee future results. Always conduct your own analysis.
Penunjuk Pine Scriptยฎ
oleh Interakktive
1
Pivot Trend [ChartPrime]The Pivot Trend indicator is a tool designed to identify potential trend reversals based on pivot points in the price action. It helps traders spot shifts in market sentiment and anticipate changes in price direction. โ—ˆ User Inputs: Left Bars: Specifies the number of bars to the left of the current bar to consider when calculating pivot points. Right Bars: Specifies the number of bars to the right of the current bar to consider when calculating pivot points. Offset: Adjusts the sensitivity of pivot point detection. โ—ˆ Indicator Calculation: The indicator calculates pivot points based on the highest and lowest prices within a specified range of bars. It then determines the trend direction based on whether the current price crossed above upper band or crossed below lower band. Upper and Lower Bands โ—ˆ Visualization: Trend direction is indicated by the color of the plotted lines, with blue representing an upward trend and red representing a downward trend. Buy and sell signals are marked on the chart with corresponding symbols (๐Ÿ…‘ for buy signals and ๐Ÿ…ข for sell signals). Buy and sell signals generated by the indicator can be used in conjunction with other technical analysis tools to confirm trading decisions and manage risk. Overall, the Pivot Trend indicator offers traders a simple yet effective method for identifying potential trend changes and capturing trading opportunities in the market. Adjusting the input parameters allows for customization according to individual trading preferences and market conditions.
Penunjuk Pine Scriptยฎ
oleh ChartPrime
9
Volume-Gated Trend Ribbon [QuantAlgo]๐ŸŸข Overview The Volume-Gated Trend Ribbon employs a selective price-updating mechanism that filters market noise through volume validation, creating a trend-following system that responds exclusively to significant price movements. The indicator gates price updates to moving average calculations based on volume threshold crossovers, ensuring that only bars with significant participation influence the trend direction. By interpolating between fast and slow moving averages to create a multi-layered visual ribbon, the indicator provides traders and investors with an adaptive trend identification framework that distinguishes between volume-backed directional shifts and low-conviction price fluctuations across multiple timeframes and asset classes. ๐ŸŸข How It Works The indicator first establishes a dynamic baseline by calculating the simple moving average of volume over a configurable lookback period, then applies a user-defined multiplier to determine the significance threshold: avgVol = ta.sma(volume, volPeriod) highVol = volume >= avgVol * volMult The gated price mechanism employs conditional updating where the close price is only captured and stored when volume exceeds the threshold. During low-volume periods, the indicator maintains the last qualified price level rather than tracking every minor fluctuation: var float gatedClose = close if highVol gatedClose := close Dual moving averages are calculated using the gated price input, with the indicator supporting various MA types. The fast and slow periods create the outer boundaries of the trend ribbon: fastMA = volMA(gatedClose, close, fastPeriod) slowMA = volMA(gatedClose, close, slowPeriod) Ribbon interpolation creates intermediate layers by blending the fast and slow moving averages using weighted combinations, establishing a gradient effect that visually represents trend strength and momentum distribution: midFastMA = fastMA * 0.67 + slowMA * 0.33 midSlowMA = fastMA * 0.33 + slowMA * 0.67 Trend state determination compares the fast MA against the slow MA, establishing bullish regimes when the faster average trades above the slower average and bearish regimes during the inverse relationship. Signal generation triggers on state transitions, producing alerts when the directional bias shifts: bullish = fastMA > slowMA longSignal = trendState == 1 and trendState != 1 shortSignal = trendState == -1 and trendState != -1 The visualization architecture constructs a three-tiered opacity gradient where the ribbon's core (between mid-slow and slow MAs) displays the highest opacity, the inner layer (between mid-fast and mid-slow) shows medium opacity, and the outer layer (between fast and mid-fast) presents the lightest fill, creating depth perception that emphasizes the trend center while acknowledging edge uncertainty. ๐ŸŸข How to Use This Indicator โ–ถ Long and Short Signals: The indicator generates long/buy signals when the trend state transitions to bullish (fast MA crosses above slow MA) and short/sell signals when transitioning to bearish (fast MA crosses below slow MA). Because these crossovers only reflect volume-validated price movements, they represent significant level of participation rather than random noise, providing higher-conviction entry signals that filter out false breakouts occurring on thin volume. โ–ถ Ribbon Width Dynamics: The spacing between the fast and slow moving averages creates the ribbon width, which serves as a visual proxy for trend strength and volatility. Expanding ribbons indicate accelerating directional movement with increasing separation between short-term and long-term momentum, suggesting robust trend development. Conversely, contracting ribbons signal momentum deceleration, potential trend exhaustion, or impending consolidation as the fast MA converges toward the slow MA. โ–ถ Preconfigured Presets: Three optimized parameter sets accommodate different trading styles and market conditions. Default provides balanced trend identification suitable for swing trading on daily timeframes with moderate volume filtering and responsiveness. Fast Response delivers aggressive signal generation optimized for intraday scalping on 1-15 minute charts, using lower volume thresholds and shorter moving average periods to capture rapid momentum shifts. Smooth Trend offers conservative trend confirmation ideal for position trading on 4-hour to weekly charts, employing stricter volume requirements and extended periods to filter noise and identify only the most robust directional moves. โ–ถ Built-in Alerts: Three alert conditions enable automated monitoring: Bullish Trend Signal triggers when the fast MA crosses above the slow MA confirming uptrend initiation, Bearish Trend Signal activates when the fast MA crosses below the slow MA confirming downtrend initiation, and Trend Change alerts on any directional transition regardless of direction. These notifications allow you to respond to volume-validated regime shifts without continuous chart monitoring. โ–ถ Color Customization: Six visual themes (Classic, Aqua, Cosmic, Ember, Neon, plus Custom) accommodate different chart backgrounds and display preferences, ensuring optimal contrast and visual clarity across trading environments. The adjustable fill opacity control (0-100%) allows fine-tuning of ribbon prominence, with lower opacity values create subtle background context while higher values produce bold trend emphasis. Optional bar coloring extends the trend indication directly to the price bars, providing immediate directional reference without requiring visual cross-reference to the ribbon itself.
Penunjuk Pine Scriptยฎ
oleh QuantAlgo
12
Jurik Angle Flow [Kodexius]Jurik Angle Flow is a Jurik based momentum and trend strength oscillator that converts Jurik Moving Average behavior into an intuitive angle based flow gauge. Instead of showing a simple moving average line, this tool measures the angular slope of a smoothed Jurik curve, normalizes it and presents it as a bounded oscillator between plus ninety and minus ninety degrees. The script uses two Jurik engines with different responsiveness, then blends their information into a single power score that drives both the oscillator display and the on chart gauge. This makes it suitable for identifying trend direction, trend strength, exhaustion conditions and early shifts in market structure. Built in divergence detection between price and the Jurik angle slope helps highlight potential reversal zones while bar coloring and a configurable no trade zone assist with visual filtering of choppy conditions. ๐Ÿ”น Features ๐Ÿ”ธ Dual Jurik slope engine The indicator internally runs two Jurik Moving Average calculations on the selected source price. A slower Jurik stream models the primary trend while a faster Jurik stream reacts more quickly to recent changes. Their slopes are measured as angles in degrees, scaled by Average True Range so that the slope is comparable across different instruments and timeframes. ๐Ÿ”ธ Angle based oscillator output Both Jurik streams are converted into angle values by comparing the current value to a lookback value and normalizing by ATR. The result is passed through the arctangent function and expressed in degrees. This creates a smooth oscillator that directly represents steepness and direction of the Jurik curve instead of raw price distance. ๐Ÿ”ธ Normalized power score The angle values are transformed into a normalized score between zero and one hundred based on their absolute magnitude, then the sign of the angle is reapplied. This yields a symmetric score where extreme positive values represent strong bullish pressure and extreme negative values represent strong bearish pressure. The final power score is a weighted blend of the slow and fast Jurik scores. ๐Ÿ”ธ Adaptive color gradients The main oscillator area and the fast slope line use gradient colors that react to the angle strength and direction. Rising green tones reflect bullish angular momentum while red tones reflect bearish pressure. Neutral or shallow slopes remain visually softer to indicate indecision or consolidation. ๐Ÿ”ธ Trend flip markers Whenever the primary Jurik slope crosses through zero from negative to positive, an up marker is printed at the bottom of the oscillator panel. Whenever it crosses from positive to negative, a down marker is drawn at the top. These flips act as clean visual signals of potential trend initiation or termination. ๐Ÿ”ธ Divergence detection on Jurik slope The script optionally scans the fast Jurik slope for pivot highs and lows. It then compares those oscillator pivots against corresponding price pivots. Regular bullish divergence is detected when the oscillator prints a higher low while price prints a lower low. Regular bearish divergence is detected when the oscillator prints a lower high while price prints a higher high. When detected, the tool draws matching divergence lines both on the oscillator and on the chart itself, making divergence zones easy to notice at a glance. ๐Ÿ”ธ Bar coloring and no trade filter Bars can be colored according to the primary Jurik slope gradient so that price bars reflect the same directional information as the oscillator. Additionally a configurable no trade threshold can visually mute bars when the absolute angle is small. This highlights trending sequences and visually suppresses noisy sideways stretches. ๐Ÿ”ธ On chart power gauge A creative on chart gauge displays the composite power score beside the current price action. It shows a vertical range from plus ninety to minus ninety with a filled block that grows proportionally to the normalized score. Color and label updates occur in real time and provide a quick visual summary of current Jurik flow strength without needing to read exact oscillator levels. ๐Ÿ”น Calculations Below are the main calculation blocks that drive the core logic of Jurik Angle Flow. Jurik core update method update(JMA self, float _src) => self.src := _src float phaseRatio = self.phase < -100 ? 0.5 : self.phase > 100 ? 2.5 : self.phase / 100.0 + 1.5 float beta = 0.45 * (self.length - 1) / (0.45 * (self.length - 1) + 2) float alpha = math.pow(beta, self.power) if na(self.e0) self.e0 := _src self.e1 := 0.0 self.e2 := 0.0 self.jma := 0.0 self.e0 := (1 - alpha) * _src + alpha * self.e0 self.e1 := (_src - self.e0) * (1 - beta) + beta * self.e1 float prevJma = self.jma self.e2 := (self.e0 + phaseRatio * self.e1 - prevJma) * math.pow(1 - alpha, 2) + math.pow(alpha, 2) * self.e2 self.jma := self.e2 + prevJma self.jma This method implements the Jurik Moving Average engine with internal state and phase control, producing a smooth adaptive value stored in self.jma. Angle calculation in degrees method getAngle(float src, int lookback=1) => float rad2degree = 180 / math.pi float slope = (src - src ) / ta.atr(14) float ang = rad2degree * math.atan(slope) ang The slope between the current value and a lookback value is divided by ATR, then converted from radians to degrees through the arctangent. This creates a volatility normalized angle oscillator. Normalized score from angle method normScore(float ang) => float s = math.abs(ang) float p = s / 60.0 * 100.0 if p > 100 p := 100 p The absolute angle is scaled so that sixty degrees corresponds to a score of one hundred. Values above that are capped, which keeps the final score within a fixed range. The sign is later reapplied to restore direction. Slow and fast Jurik streams and power score var JMA jmaSlow = JMA.new(jmaLen, jmaPhase, jmaPower, na, na, na, na, na) var JMA jmaFast = JMA.new(jmaLen, jmaPhase, 2.0, na, na, na, na, na) float jmaValue = jmaSlow.update(src) float jmaFastValue = jmaFast.update(src) float jmaSlope = jmaValue.getAngle() float jmaFastSlope = jmaFastValue.getAngle() float scoreJma = normScore(jmaSlope) * math.sign(jmaSlope) float scoreJmaFast = normScore(jmaFastSlope) * math.sign(jmaFastSlope) float totalScore = (scoreJma * 0.6 + scoreJmaFast * 0.4) A slower Jurik and a faster Jurik are updated on each bar, each converted to an angle and then to a signed normalized score. The final composite power score is a weighted blend of the slow and fast scores, where the slow score has slightly more influence. This composite drives the on chart gauge and summarizes the overall Jurik flow.
Penunjuk Pine Scriptยฎ
oleh UnknownUnicorn113699460
VCAI MACD LiteVCAI MACD Lite is a clean, modern version of the classic MACD oscillator, rebuilt with selectable EMA/SMA types and a 2-tone histogram using VCAIโ€™s visual style. It keeps the indicator lightweight and easy to read while giving clearer momentum shifts through rising/falling histogram colour changes. What it does Calculates MACD using your choice of EMA or SMA Plots signal line and histogram with 2-tone VCAI colours Highlights changes in momentum strength as histogram bars rise or fade Works on any market and timeframe How to use it Expanding yellow bars reflect strengthening upside momentum; dim yellow shows fading strength. Darker and lighter VCAI purple tones show momentum behaviour below zero, helping you see when bearish pressure is increasing or weakening. Part of the VCAI Lite Series โ€” clean, minimal tools.
Penunjuk Pine Scriptยฎ
oleh Vectorcoresai
VWAP-Anchored MACD [BOSWaves]VWAP-Anchored MACD - Volume-Weighted Momentum Mapping With Zero-Line Filtering Overview The VWAP-Anchored MACD delivers a refined momentum model built on volume-weighted price rather than raw closes, giving you a more grounded view of trend strength during sessions, weeks, or months. Instead of tracking two EMAs of price like a standard MACD, this tool reconstructs the MACD engine using anchored VWAP as the core input. The result is a momentum structure that reacts to real liquidity flow, filters out weak crossovers near the zero line, and visualizes acceleration shifts with clear, high-contrast gradients. This indicator acts as a precise momentum map that adapts in real time. You see how weighted price is accelerating, where valid crossovers form, and when trend conviction is strong enough to justify execution. It uses gradient line coloring to show bullish or bearish momentum, histogram shading to highlight energy shifts, cross dots to mark valid crossovers, optional buy/sell diamonds for execution cues, and candle coloring to display trend strength at a glance. Theoretical Foundation Traditional MACD compares the difference between two exponential moving averages of price. This variant replaces price with anchored VWAP, making the calculation sensitive to actual traded volume across your chosen period (Session, Week, or Month). Three principles drive the logic: Anchored VWAP Momentum : Price is weighted by volume and aggregated across the selected anchor. The fast and slow VWAP-EMAs then expose how liquidity-corrected momentum is expanding or contracting. Zero-Line Distance Filtering : Crossover signals that occur too close to the zero line are removed. This eliminates the common MACD problem of generating weak, directionless signals in choppy phases. Directional Visualization : MACD line, signal line, histogram, candle colors, and optional diamond markers all react to shifts in VWAP-momentum, giving you a clean structural read on market pressure. Anchoring VWAP to session, weekly, or monthly resets creates a systematic framework for tracking how capital flow is driving momentum throughout each trading cycle. How It Works The core engine processes momentum through several mapped layers: VWAP Aggregation : Price ร— volume is accumulated until the anchor resets. This creates a continuous, liquidity-corrected VWAP curve. MACD Construction : Fast and slow VWAP-EMAs define the MACD line, while a smoothed signal line identifies edges where momentum shifts. Zero-Line Distance Filter : MACD and signal must both exceed a threshold distance from zero for a crossover to count as valid. This prevents fake crossovers during compression. Visual Momentum Layers : It uses gradient line coloring to show bullish or bearish momentum, histogram shading to highlight energy shifts, cross dots to mark valid crossovers, optional buy/sell diamonds for execution cues, and candle coloring to display trend strength at a glance. This layered structure ensures you always know whether momentum is strengthening, fading, or transitioning. Interpretation You get a clean, structural understanding of VWAP-based momentum: Bullish Phases : MACD > Signal, histogram expands, candles turn bullish, and crossovers occur above the threshold. Bearish Phases : MACD < Signal, histogram drives lower, candles shift bearish, and downward crossovers trigger below the threshold. Neutral/Compression : Both lines remain near the zero boundary, histogram flattens, and signals are suppressed to avoid noise. This creates a more disciplined version of MACD momentum reading - less noise, more conviction, and better alignment with liquidity. Strategy Integration Trend Continuation : Use VWAP-MACD crossovers that occur far from the zero line as higher-conviction entries. Zero-Line Rejection : Watch for histogram contractions near zero to anticipate flattening momentum and potential reversal setups. Session/Week/Month Anchors : Session anchor works best for intraday flows. Weekly or monthly anchor structures create cleaner macro momentum reads for swing trading. Signal-Only Execution : Optional buy/sell diamonds give you direct points to trigger trades without overanalyzing the chart. This indicator slots cleanly into any momentum-following system and offers higher signal quality than classic MACD variants due to the volume-weighted core. Technical Implementation Details VWAP Reset Logic : Session (D), Week (W), or Month (M) Dynamic Fast/Slow VWAP EMAs : Fully configurable lengths, smoothing and anchor settings MACD/Signal Line Framework : Traditional structure with volume-anchored input Zero-Line Filtering : Adjustable threshold for structural confirmation Dual Visualization Layers : MACD body + histogram + crosses + candle coloring Optimized Performance : Lightweight, fast rendering across all timeframes Optimal Application Parameters Timeframes: 1- 15 min : Short-term momentum scalping and rapid trend shifts 30- 240 min : Balanced momentum mapping with clear structural filtering Daily : Macro VWAP regime identification Suggested Configuration: Fast Length : 12 Slow Length : 26 Signal Length : 9 Zero Threshold : 200 - 500 depending on asset range These suggested parameters should be used as a baseline; their effectiveness depends on the asset volatility, liquidity, and preferred entry frequency, so fine-tuning is expected for optimal performance. Performance Characteristics High Effectiveness: Assets with strong intraday or session-based volume cycles Markets where volume-weighted momentum leads price swings Trend environments with strong acceleration Reduced Effectiveness: Ultra-choppy markets hugging the VWAP axis Sessions with abnormally low volume Ranges where MACD naturally compresses Disclaimer The VWAP-Anchored MACD is a structural momentum tool designed to enhance directional clarity - not a guaranteed predictor. Performance depends on market regime, volatility, and disciplined execution. Use it alongside broader trend, volume, and structural analysis for optimal results.
Penunjuk Pine Scriptยฎ
oleh BOSWaves
20
CloudScore by ExitAnt๐Ÿ“˜ CloudScore by ExitAnt CloudScore by ExitAnt ๋Š” ์ผ๋ชฉ๊ท ํ˜•ํ‘œ(Ichimoku Cloud)์˜ ๊ตฌ๋ฆ„๋Œ€ ๋ŒํŒŒ ์‹ ํ˜ธ๋ฅผ ๊ธฐ๋ฐ˜์œผ๋กœ, ๋‹ค์–‘ํ•œ ์ถ”์„ธ ๋ณด์กฐ์ง€ํ‘œ๋ฅผ ๊ฒฐํ•ฉํ•˜์—ฌ ๋งค์ˆ˜ ์ถ”์„ธ ๊ฐ•๋„๋ฅผ ์ ์ˆ˜ํ™”(0~5์ ) ํ•ด์ฃผ๋Š” ํŠธ๋ Œ๋“œ ๋ถ„์„ ์ง€ํ‘œ์ž…๋‹ˆ๋‹ค. ๊ธฐ์กด ์ผ๋ชฉ๊ตฌ๋ฆ„ ๋‹จ๋… ์‹ ํ˜ธ๋Š” ๋ณ€๋™์„ฑ์ด ํฌ๊ฑฐ๋‚˜ ์‹ ๋ขฐ๋„๊ฐ€ ๋‚ฎ์„ ์ˆ˜ ์žˆ๊ธฐ ๋•Œ๋ฌธ์—, ์ด ์ง€ํ‘œ๋Š” ์—ฌ๋Ÿฌ ๊ธฐ์ˆ ์  ์š”์†Œ๋ฅผ ์ข…ํ•ฉ์ ์œผ๋กœ ํ‰๊ฐ€ํ•˜์—ฌ โ€œ์ง€๊ธˆ์ด ์–ผ๋งˆ๋‚˜ ๊ฐ•๋ ฅํ•œ ์ถ”์„ธ ์ „ํ™˜ ๊ตฌ๊ฐ„์ธ๊ฐ€?โ€ ๋ฅผ ์ง๊ด€์ ์œผ๋กœ ๋ณด์—ฌ์ค๋‹ˆ๋‹ค. ๐ŸŽฏ ์ง€ํ‘œ ๋ชฉ์  ์ผ๋ชฉ๊ท ํ˜•ํ‘œ ๊ตฌ๋ฆ„ ๋ŒํŒŒ์˜ ์‹ ๋ขฐ๋„ ๊ฐ•ํ™” ๋ณด์กฐ์ง€ํ‘œ ์‹ ํ˜ธ๋ฅผ ์ž๋™์œผ๋กœ ์ ์ˆ˜ํ™”ํ•˜์—ฌ ํ•œ๋ˆˆ์— ํŒ๋‹จ ๊ฐ€๋Šฅ ์บ”๋“ค ์œ„์— ์ด๋ชจ์ง€๋ฅผ ๋ฐฐ์น˜ํ•ด ์‹œ๊ฐ์ ์œผ๋กœ ์ฆ‰์‹œ ํ•ด์„ ๊ฐ€๋Šฅ ์ดˆ๋ณด์ž๋ถ€ํ„ฐ ์ˆ™๋ จ์ž๊นŒ์ง€ ๋ชจ๋‘ ํ™œ์šฉ ๊ฐ€๋Šฅํ•œ ์ถ”์„ธ ์ง„์ž… ํ•„ํ„ฐ๋ง ๋„๊ตฌ ๐Ÿง  ์ ์ˆ˜ ๊ณ„์‚ฐ ๋ฐฉ์‹ (0~5์ ) ๊ตฌ๋ฆ„ ์ƒํ–ฅ ๋ŒํŒŒ๊ฐ€ ๋ฐœ์ƒํ•˜๋ฉด ์•„๋ž˜ ์กฐ๊ฑด๋“ค์„ ์ฒดํฌํ•˜์—ฌ ์ ์ˆ˜๋ฅผ ๋ถ€์—ฌํ•ฉ๋‹ˆ๋‹ค. โ–ถ +1์  ์กฐ๊ฑด ํ•ญ๋ชฉ 1. ๊ณจ๋“  ํฌ๋กœ์Šค ๋ฐœ์ƒ * ์ตœ๊ทผ ์„ค์ •ํ•œ n๋ด‰ ์ด๋‚ด์—์„œ Fast MA๊ฐ€ Slow MA๋ฅผ ์ƒํ–ฅ ๋ŒํŒŒํ•œ ๊ฒฝ์šฐ 2. RSI ๊ณผ๋งค๋„ ๊ตฌ๊ฐ„ * RSI๊ฐ€ ์„ค์ • ๊ฐ’ ์ดํ•˜์ผ ๋•Œ ์ถ”์„ธ ์ „ํ™˜ ๊ฐ€๋Šฅ์„ฑ์ด ์ฆ๊ฐ€ 3. MACD ๊ฐ•์„ธ ์ „ํ™˜ * MACD๊ฐ€ 0 ์•„๋ž˜์— ์žˆ์œผ๋ฉด์„œ ์‹œ๊ทธ๋„์„  ์ƒํ–ฅ ๋ŒํŒŒ ๋ฐœ์ƒ 4. RSI ์ƒ์Šน ๋‹ค์ด๋ฒ„์ „์Šค * ๊ฐ€๊ฒฉ์€ ๋‚ฎ์•„์ง€์ง€๋งŒ RSI๋Š” ์ƒ์Šน โ†’ ๋ฐ”๋‹ฅ ์‹ ํ˜ธ 5. 200MA ์œ„์— ์œ„์น˜ * ์žฅ๊ธฐ ์ถ”์„ธ์™€ ์ผ์น˜ํ•˜๋Š” ์‹œ์ ๋งŒ ์ ์ˆ˜ ๊ฐ•ํ™” โ–ถ ์ ์ˆ˜๋ณ„ ์ด๋ชจ์ง€ 1์  ๐ŸŸก : ์•ฝํ•œ ์ง„์ž… ์‹ ํ˜ธ 2์  ๐ŸŸข : ๊ด€์ฐฐ์ด ํ•„์š”ํ•œ ๊ฐ•ํ™” ์‹ ํ˜ธ 3์  ๐Ÿ“ˆ : ์ถ”์„ธ ์ „ํ™˜ ๊ฐ€๋Šฅ์„ฑ ์ฆ๊ฐ€ 4์  ๐Ÿš€ : ๊ฐ•ํ•œ ์ถ”์„ธ ์‹ ํ˜ธ 5์  ๐Ÿ‘‘ : ๋งค์šฐ ๊ฐ•๋ ฅํ•œ ์ง„์ž… ์‹œ๊ทธ๋„ ๐Ÿ–ฅ ์ฐจํŠธ ํ‘œ์‹œ ์š”์†Œ ๊ตฌ๋ฆ„๋Œ€(Span A / Span B)๋งŒ ํ‘œ์‹œํ•˜์—ฌ ๋” ๊น”๋”ํ•œ ์‹œ๊ฐํ™” ์ด๋ชจ์ง€๋Š” ์บ”๋“ค ์œ„์— ์ž๋™ ๋ฐฐ์น˜ ํ•„์š” ์‹œ ์ตœ๊ทผ n๊ฐœ์˜ ์บ”๋“ค๋งŒ ํ‘œ์‹œํ•˜๋„๋ก ์„ค์ • ๊ฐ€๋Šฅ ์˜ค๋ฅธ์ชฝ ์ƒ๋‹จ์— ์กฐ๊ฑด ์š”์•ฝ ์•ˆ๋‚ด์ฐฝ ํ‘œ์‹œ ๐Ÿ”ง ์‚ฌ์šฉ์ž ์„ค์ • Tenkan / Kijun / SenkouB ๊ธฐ๊ฐ„ ์กฐ์ • MA, RSI, MACD, ๋‹ค์ด๋ฒ„์ „์Šค ์‚ฌ์šฉ ์—ฌ๋ถ€ ์„ ํƒ ์ตœ๊ทผ ๋ช‡ ๊ฐœ์˜ ์บ”๋“ค๊นŒ์ง€ ์ ์ˆ˜๋ฅผ ํ‘œ์‹œํ• ์ง€ ์„ค์ • ๊ฐ€๋Šฅ ์ด๋ชจ์ง€๋Š” ์‚ฌ์šฉ์ž ์ทจํ–ฅ์— ๋”ฐ๋ผ ๋ณ€๊ฒฝ ๊ฐ€๋Šฅ โš ๏ธ ์œ ์˜์‚ฌํ•ญ ๋ณธ ์ง€ํ‘œ๋Š” **๊ฐ€๊ฒฉ ์›€์ง์ž„์˜ ํ™•๋ฅ ์  ํ•ด์„์„ ๋•๋Š” ๋ณด์กฐ์ง€ํ‘œ**์ด๋ฉฐ, ๋‹จ๋…์œผ๋กœ ๋งค์ˆ˜ยท๋งค๋„ ๊ฒฐ์ •์„ ๋‚ด๋ ค์„œ๋Š” ์•ˆ ๋ฉ๋‹ˆ๋‹ค. ์‹œ์žฅ ์ƒํ™ฉ(๋ณ€๋™์„ฑ, ๊ฑฐ๋ž˜๋Ÿ‰, ํ”„๋ ˆ์ž„)์— ๋”ฐ๋ผ ์‹ ํ˜ธ์˜ ์‹ ๋ขฐ๋„๋Š” ๋‹ฌ๋ผ์งˆ ์ˆ˜ ์žˆ์Šต๋‹ˆ๋‹ค. ์‹ค์ œ ๋งค๋งค ์ „๋žต์— ์ ์šฉํ•˜๊ธฐ ์ „ ๋ฐ˜๋“œ์‹œ ๋ฐฑํ…Œ์ŠคํŠธ์™€ ๊ฒ€์ฆ์ด ํ•„์š”ํ•ฉ๋‹ˆ๋‹ค. # **๐Ÿ“˜ CloudScore by ExitAnt โ€” English Description** ๐Ÿ“˜ CloudScore by ExitAnt CloudScore by ExitAnt is a trend analysis indicator that evaluates bullish trend strength by scoring (0โ€“5 points) signals based on Ichimoku Cloud breakouts combined with multiple momentum and trend indicators. Since the default Ichimoku Cloud breakout alone can be unreliable or highly volatile, this indicator integrates several technical conditions to visually and intuitively show โ€œHow strong is the current trend reversal opportunity?โ€ ๐ŸŽฏ Purpose of the Indicator Enhance the reliability of Ichimoku Cloud breakout signals Automatically score multiple signals for quick visual judgment Place emojis directly above candles for instant interpretation Works for both beginners and experienced traders as a trend-entry filtering tool ๐Ÿง  Scoring Logic (0โ€“5 points) When a bullish breakout above the cloud occurs, the indicator checks the following conditions and assigns points. โ–ถ +1 Point Conditions 1. Golden Cross * Fast MA crosses above Slow MA within the user-defined lookback window 2. RSI Oversold * RSI below threshold increases the probability of trend reversal 3. MACD Bullish Shift * MACD is below zero while crossing above the signal line 4. RSI Bullish Divergence * Price makes a lower low while RSI makes a higher low โ†’ potential bottom signal 5. Above the 200MA * Only scores when price aligns with long-term trend direction โ–ถ Emoji by Score 1 Point ๐ŸŸก : Weak early signal 2 Points ๐ŸŸข : Improved setup; watch closely 3 Points ๐Ÿ“ˆ : Decent trend reversal possibility 4 Points ๐Ÿš€ : Strong trend entry signal 5 Points ๐Ÿ‘‘ : Very strong bullish signal ๐Ÿ–ฅ Chart Elements Displays only Span A / Span B to keep the cloud visually clean Emojis automatically appear above candles Optionally limit the number of candles displaying signals Summary box appears in the upper-right corner ๐Ÿ”ง User Settings Adjustable Tenkan / Kijun / Senkou B periods Enable/disable MA, RSI, MACD, divergence filters Set how many recent candles should show the score Emojis can be customized by the user โš ๏ธ Disclaimer This is a technical assistant tool that helps interpret price movement probabilities; it should not be used as a standalone buy/sell signal. Signal reliability may vary depending on volatility, volume, and timeframe. Always conduct backtesting and validation before using it in real trading strategies.
Penunjuk Pine Scriptยฎ
oleh ExitAnt_AI
VectorCoresAI SMA + Bollinger Fusion v1VectorCoresAI โ€” SMA + Bollinger Fusion (Free) A clean, modern visual tool combining four key SMAs with an adaptive Bollinger structure. This script merges two of the most widely used charting concepts into one simple, readable view: Included โœ” SMA 21 โœ” SMA 50 โœ” SMA 100 โœ” SMA 200 โœ” Bollinger Bands with adjustable length + multiplier โœ” Adaptive โ€œFusion Squeezeโ€ shading to highlight compression phases โœ” Optional visibility toggles for each SMA โœ” Lightweight, non-intrusive overlay What this indicator is designed for This tool helps traders quickly understand: Trend alignment using the 21/50/100/200 SMAs Volatility conditions around the Bollinger midline Price compression and expansion Early awareness of breakout environments Clean visual structure without clutter Everything is intentionally simple and transparent. No predictions, no signals, no trading advice โ€” just clean chart structure. Why this version is unique Instead of using standard Bollinger visuals, this Fusion edition uses subtle adaptive shading to show when the bands contract. This makes compression zones instantly visible without overwhelming the chart. The SMAs are fixed to widely-used trend levels, giving consistent readings across all markets and timeframes. Who this is for Newer traders who want a clear introduction to SMAs + Bollinger Bands Experienced traders who want a lightweight visual tool Anyone building structure-based strategies Users of the VectorCoresAI suite who want a simple companion tool Notes This indicator is part of the VectorCoresAI Free Tools collection. All logic is open-source and educational only. More tools coming soon.
Penunjuk Pine Scriptยฎ
oleh Vectorcoresai
Open Interest RSI [BackQuant]Open Interest RSI A multi-venue open interest oscillator that aggregates OI across major derivatives exchanges, converts it to coin or USD terms, and runs an RSI-style engine on that aggregated OI so you can track positioning pressure, crowding, and mean reversion in leverage flows, not just in price. What this is This tool is an RSI built on top of aggregated open interest instead of price. It pulls futures OI from several major exchanges, converts it into a unified unit (COIN or USD), sums it into a single synthetic OI candle, then applies RSI and smoothing to that combined series. You can then render that Open Interest RSI in different visual modes: Clean line or colored line for classic oscillator-style reads. Column-style oscillator for impulse and compression views. Flag mode that fills between OI RSI and its EMA for trend/mean reversion blends. See: Heatmap mode that paints the panel based on OI RSI extremes, ideal for scanning. See: On top of that it includes: Aggregated OI source selection (Binance, Bybit, OKX, Bitget, Kraken, HTX, Deribit). Choice of OI units (COIN or USD). Reference lines and OB/OS zones. Extreme highlighting for either trend or mean reversion. A vertical OI RSI meter that acts as a quick strength gauge. Aggregated open interest source Under the hood, the indicator builds a synthetic open interest candle by: Looping over a list of supported exchanges: Binance, Bybit, OKX, Bitget, Kraken, HTX, Deribit. Looping over multiple contract suffixes (such as USDT.P, USD.P, USDC.P, USD.PM) to capture different contract types on each venue. Requesting OI candles from each venue + contract combination for the same underlying symbol. Converting each OI stream into a common unit: In COIN mode, everything is normalized into coin-denominated OI. In USD mode, coin OI is multiplied by price to approximate notional OI. Summing up open, high, low and close of OI across venues into a single aggregated OI candle. If no valid OI is available for the current symbol across all sources, the script throws a clear runtime error so you know you are on an unsupported market. This gives you a single, exchange-agnostic open interest curve instead of being tied to one venue. That aggregated OI is then passed into the RSI logic. How the OI RSI is calculated The RSI side is straightforward, but it is applied to the aggregated OI close: Compute a base RSI of aggregated OI using the Calculation Period . Apply a simple moving average of length Smoothing Period (SMA) to reduce noise in the raw OI RSI. Optionally apply an EMA on top of the smoothed OI RSI as a moving average signal line. Key parameters: Calculation Period โ€“ base RSI length for OI. Smoothing Period (SMA) โ€“ extra smoothing on the RSI value. EMA Period โ€“ EMA length on the smoothed OI RSI. The result is: oi_rsi โ€“ raw RSI of aggregated OI. oi_rsi_s โ€“ SMA-smoothed OI RSI. ma โ€“ EMA of the smoothed OI RSI. Thresholds and extremes You control three core thresholds: Mid Point โ€“ central reference level, typically 50. Extreme Upper Threshold โ€“ high-level OI RSI edge (for example 80). Extreme Lower Threshold โ€“ low-level OI RSI edge (for example 20). These thresholds are used for: Reference lines or OB/OS zone fills. Heatmap gradient bounds. Background highlighting of extremes. The Extreme Highlighting mode controls how extremes are interpreted: None โ€“ do nothing special in extreme regions. Mean-Rev โ€“ background turns red on high OI RSI and green on low OI RSI, framing extremes as contrarian zones. Trend โ€“ background turns green on high OI RSI and red on low OI RSI, framing extremes as participation zones aligned with the prevailing move. Reference lines and OB/OS zones You can choose: None โ€“ clean plotting without guides. Basic Reference Lines โ€“ mid, upper and lower thresholds as simple gray horizontals. OB/OS Levels โ€“ filled zones between: Upper OB: from the upper threshold to 100, colored with the short/overbought color. Lower OS: from 0 to the lower threshold, colored with the long/oversold color. These guides help visually anchor the OI RSI within "normal" versus "extreme" regions. Plotting modes The Plotting Type input controls how OI RSI is drawn. All modes share the same underlying OI and RSI logic, but emphasise different aspects of the signal. 1) Line mode This is the classic oscillator representation: Plots the smoothed OI RSI as a simple line using RSI Line Color and RSI Line Width . Optionally plots the EMA overlay on the same panel. Works well when you want standard RSI-style signals on leverage flows: crosses of the midline, divergences versus price, and so on. 2) Colored Line mode In this mode: The OI RSI is plotted as a line, but its color is dynamic. If the smoothed OI RSI is above the mid point, it uses the Long/OB Color . If it is below the mid point, it uses the Short/OS Color . This creates an instant visual regime switch between "bullish positioning pressure" and "bearish positioning pressure", while retaining the feel of a traditional RSI line. 3) Oscillator mode Oscillator mode renders OI RSI as vertical columns around the mid level: The smoothed OI RSI is plotted as columns using plot.style_columns . The histogram base is fixed at 50, so bars extend above and below the mid line. Bar color is dynamic, using long or short colors depending on which side of the mid point the value sits. This representation makes impulse and compression in OI flows more obvious. It is especially useful when you want to focus on how quickly OI RSI is expanding or contracting around its neutral level. See: 4) Flag mode Flag mode turns OI RSI and its EMA into a two-line band with a filled area between them: The smoothed OI RSI and its EMA are both plotted. A fill is drawn between them. The fill color flips between the long color and the short color depending on whether OI RSI is above or below its EMA. Black outlines are added to both lines to make the band clear against any background. This creates a "flag" style region where: Green fills show OI RSI leading its EMA, suggesting positive positioning momentum. Red fills show OI RSI trailing below its EMA, suggesting negative positioning momentum. Crossovers of the two lines can be read as shifts in OI momentum regime. Flag mode is useful if you want a more structural view that combines both the level and slope behaviour of OI RSI. See: 5) Heatmap mode Heatmap mode recasts OI RSI as a single-row gradient instead of a line: A single row at level 1 is plotted using column style. The color is pulled from a gradient between the lower and upper thresholds: Near the lower threshold it approaches the short/oversold color and near the upper threshold it approaches the long/overbought color. The EMA overlay and reference lines are disabled in this mode to keep the panel clean. This is a very compact way to track OI RSI state at a glance, especially when stacking it alongside other indicators. See: OI RSI vertical meter Beyond the main plot, the script can draw a small "thermometer" table showing the current OI RSI position from 0 to 100: The meter is a two-column table with a configurable number of rows. Row colors form an inverted gradient: red at the top (100) and green at the bottom (0). The script clamps OI RSI between 0 and 100 and maps it to a row index. An arrow marker "โ–ถ" is drawn next to the row corresponding to the current OI RSI value. 0 and 100 labels are printed at the ends of the scale for orientation. You control: Show OI RSI Meter โ€“ turn the meter on or off. OI RSI Blocks โ€“ number of vertical blocks (granularity). OI RSI Meter Position โ€“ panel anchor (top/bottom, left/center/right). The meter is particularly helpful if you keep the main plot in a small panel but still want an intuitive strength gauge. How to read it as a market pressure gauge Because this is an RSI built on aggregated open interest, its extremes and regimes speak to positioning pressure rather than price alone: High OI RSI (near or above the upper threshold) indicates that open interest has been increasing aggressively relative to its recent history. This often coincides with crowded leverage and a buildup of directional pressure. Low OI RSI (near or below the lower threshold) indicates aggressive de-leveraging or closing of positions, often associated with flushes, forced unwinds or post-liquidation clean-ups. Values around the mid point indicate more balanced positioning flows. You can combine this with price action: Price up with rising OI RSI suggests fresh leverage joining the move, a more persistent trend. Price up with falling OI RSI suggests shorts covering or longs taking profit, more fragile upside. Price down with rising OI RSI suggests aggressive new shorts or levered selling. Price down with falling OI RSI suggests de-leveraging and potential exhaustion of the move. Trading applications Trend confirmation on leverage flows Use OI RSI to confirm or question a price trend: In an uptrend, rising OI RSI with values above the mid point indicates supportive leverage flows. In an uptrend, repeated failures to lift OI RSI above mid point or persistent weakness suggest less committed participation. In a downtrend, strong OI RSI on the downside points to aggressive shorting. Mean reversion in positioning Use thresholds and the Mean-Rev highlight mode: When OI RSI spends extended time above the upper threshold, the crowd is extended on one side. That can set up squeeze risk in the opposite direction. When OI RSI has been pinned low, it suggests heavy de-leveraging. Once price stabilises, a re-risking phase is often not far away. Background colours in Mean-Rev mode help visually identify these periods. Regime mapping with plotting modes Different plotting modes give different perspectives: Heatmap mode for dashboard-style use where you just need to know "hot", "neutral" or "cold" on OI flows at a glance. Oscillator mode for short term impulses and compression reads around the mid line. See: Flag mode for blending level and trend of OI RSI into a single banded visual. See: Settings overview RSI group Plotting Type โ€“ None, Line, Colored Line, Oscillator, Flag, Heatmap. Calculation Period โ€“ base RSI length for OI. Smoothing Period (SMA) โ€“ smoothing on RSI. Moving Average group Show EMA โ€“ toggle EMA overlay (not used in heatmap). EMA Period โ€“ length of EMA on OI RSI. EMA Color โ€“ colour of EMA line. Thresholds group Mid Point โ€“ central reference. Extreme Upper Threshold and Extreme Lower Threshold โ€“ OB/OS thresholds. Select Reference Lines โ€“ none, basic lines or OB/OS zone fills. Extreme Highlighting โ€“ None, Mean-Rev, Trend. Extra Plotting and UI RSI Line Color and RSI Line Width . Long/OB Color and Short/OS Color . Show OI RSI Meter , OI RSI Blocks , OI RSI Meter Position . Open Interest Source OI Units โ€“ COIN or USD. Exchange toggles: Binance, Bybit, OKX, Bitget, Kraken, HTX, Deribit. Notes This is a positioning and pressure tool, not a complete system. It: Models aggregated futures open interest across multiple centralized exchanges. Transforms that OI into an RSI-style oscillator for better comparability across regimes. Offers several visual modes to match different workflows, from detailed analysis to compact dashboards. Use it to understand how leverage and positioning are evolving behind the price, to gauge when the crowd is stretched, and to decide whether to lean with or against that pressure. Attach it to your existing signals, not in place of them. Also, please check out @NoveltyTrade for the OI Aggregation logic & pulling the data source! Here is the original script:
Penunjuk Pine Scriptยฎ
oleh BackQuant
HMA 34 Dual-Fractal Projections - VdubusVdubus MacD Divergence Trend Break Signal Generator :Here:- HMA 18 Dual-Fractal Projections Overview The HMA 18 Dual-Fractal Projections is a technical analysis tool designed to identify market structure and potential breakout patterns by analyzing the pivots of a Hull Moving Average (HMA). Unlike standard trendline indicators that struggle to balance "big picture" trends with immediate price action, this indicator utilizes a Dual-Fractal approach. It simultaneously calculates two separate timelinesโ€”Macro and Microโ€”to visualize both the dominant channel and the developing chart patterns (such as wedges or triangles) in real-time. Visual Guide The indicator plots three key elements on the main chart: The HMA Line (Blue): A smooth, fast-acting moving average (default length 34) that serves as the baseline for all calculations. Macro Structure (Solid, Thick Lines): Red (Solid): Major Resistance. Green (Solid): Major Support. Purpose: Identifies the long-term trend channel. These lines react slowly and filter out noise. Micro Structure (Dashed, Thin Lines): Red (Dashed): Immediate Resistance. Green (Dashed): Immediate Support. Purpose: Identifies the short-term market structure. These lines react quickly to show forming wedges, triangles, or flags. How It Works The indicator applies a "Pivot High/Low" algorithm directly to the HMA data rather than raw price data. This filters out candle wicks and volatility, ensuring lines are drawn based on established momentum shifts. Layer 1 (Macro): Uses a large "Lookback" period (default 44 bars) to find significant peaks and valleys. It connects the most recent major pivot to the previous one, projecting a line forward to show where the major trend channel lies. Layer 2 (Micro): Uses a small "Lookback" period (default 10 bars) to find local peaks and valleys. This allows you to see how price is behaving within the larger channel. Settings & Configuration HMA Settings HMA Length: The length of the Hull Moving Average. Default: 34 (Matches the "visually pleasing" setting from recent testing). Note: Set to 18 for a faster, more reactive baseline (scalping). Layer 1: Macro (Big Channel) Macro Lookback: Determines how many bars must pass before a peak is confirmed. Default: 44. High values find broad, established channels. Max Macro Lines: How many historical lines to keep on the chart. Default: 1 (Keeps the chart clean, showing only the current structure). Extend Macro Lines: Projects the lines infinitely to the right to predict future support/resistance zones. Layer 2: Micro (Current Pattern) Micro Lookback: A lower sensitivity setting to catch immediate structure. Default: 10. Low values will pinpoint the exact boundaries of small wedges or flags forming right now. Trading Strategy & Interpretation 1. The "Squeeze" (Wedge Identification) This is the primary use case. Look for scenarios where the Macro Lines (Solid) are wide/parallel, but the Micro Lines (Dashed) are rapidly converging (pointing towards each other). This indicates that while the main trend is intact, momentum is compressing. A breakout is imminent where the dashed lines intersect. 2. Trend Channels When both Solid and Dashed lines are roughly parallel and sloping in the same direction, the trend is healthy and strong. Price is respecting both the short-term and long-term momentum. 3. Divergence / Early Reversal Warning If the Macro Line is sloping UP, but the Micro Line starts sloping DOWN (crossing inside), it indicates a loss of momentum and a potential reversal before the price actually breaks the major trendline. =========================================================================== 2. Micro/Macro Cross Alert A new input, Enable Micro/Macro Cross Alert, has been added under the "Alerts & Features" section. This alert condition is triggered when the momentum of the Micro Structure exceeds the momentum of the Macro Structure, which is a high-probability signal for a breakout: Bullish Alert: The Micro High (dashed red line) crosses above the Macro High (solid red line). Bearish Alert: The Micro Low (dashed green line) crosses below the Macro Low (solid green line). To set up the actual alert on your chart: Right-click on the chart. Select "Add alert on HMA 34 Dual-Fractal Projections". In the Condition dropdown, select the indicator's name. For the main alert criteria, choose "Any alert()". Select your preferred alert actions (e.g., notification, email).
Penunjuk Pine Scriptยฎ
oleh vdubus
1
Pair Correlation Master [Macro]The Main Idea Trading represents a constant battle between Systemic Flows (the whole market moving together) and Idiosyncratic Moves (one specific asset moving on its own). This tool allows you to monitor a "basket" of 4 assets simultaneously (e.g., the major USD pairs). It answers the most important question in forex and multi-asset trading: "Is this move happening because the Dollar is weak, or because the Euro is strong?" It separates the "Signal" (the unique move) from the "Noise" (the herd movement). 1. The Chart Lines: The "Race" (Macro Trend) Think of the lines on your chart as a long-distance race. They visualize the performance of all 4 assets over the last 200 candles (adjustable). - Bunched Together: If all lines are moving in the same direction, the market is highly correlated. (e.g., "The Dollar is selling off everywhere"). - Fanning Out: If the lines are spreading apart, specific currencies are outperforming others. - The Zero Line: This is the starting line. --- Above 0: The pair is in a macro uptrend. --- Below 0: The pair is in a macro downtrend. 2. The Dashboard: The "Health Check" (Micro Data) The table in the top right gives you the immediate statistics for right now. - A. The Z-Score (The Rubber Band) This measures how "stretched" price is compared to its normal behavior. - White (< 2.0): Normal trading activity. - Orange (> 2.0): The price is stretching. Warning sign. - Red (> 3.0): Critical Stretch. The rubber band is pulled to its limit. Statistically, a pullback or pause is highly likely. B. The Star (โ˜…) The script automatically calculates the average behavior of your group. If one asset is behaving completely differently from the rest, it marks it with a Star (โ˜…). - Example: EURUSD, GBPUSD, and NZDUSD are flat, but AUDUSD is rallying hard. AUDUSD gets the โ˜…. This is where the unique opportunity lies. ๐ŸŽฏ Best Uses: 4H & Daily Timeframes This indicator is tuned for "Macro" analysis. It works best on the "4-Hour" and "Daily" charts to filter out intraday noise and capture swing trading moves. - Strategy 1: The "Rubber Band" Snap (Mean Reversion) - Setup: Look for a Z-Score in the RED (> 3.0) on the Daily timeframe. - Action: This indicates an unsustainable move. Look for reversals or exhaustion patterns to trade against the trend back toward the mean. - Strategy 2: The "Lone Wolf" (Trend Following) - Setup: Look for the asset with the Star (โ˜…). - Action: If the whole basket is flat (Balanced), but the Star asset is breaking out, that creates a high-quality trend trade because that specific currency has its own catalyst (News/Earnings). - Strategy 3: Systemic Flows (Basket Trading) - Setup: The dashboard footer says "โš ๏ธ SYSTEMIC MOVE." - Action: This means everything is moving together (e.g., a massive USD crash). Don't look for unique setups; just join the trend on the strongest pair. Dashboard Footer Key The bottom of the table summarizes the current state of the market for you: - Balanced / Rangebound: The market is quiet. Good for range trading. - Focus: : Trade this specific pair. It is moving independently. - Systemic Move: The whole basket is moving violently. Trade the momentum. p.s. Suggestion - apply and use on the chart rather than an oscillator.
Penunjuk Pine Scriptยฎ
oleh siLve_R88
Direction via Zone Break [by rukich]๐ŸŸ  OVERVIEW The indicator shows the direction of movement and zones: SSL, BSL, FVG. Zones serve as support/resistance and as validation/invalidation of a movement reversal. ๐ŸŸ  COMPONENTS The direction of movement is built based on a three-candle swing high (BSL) and swing low (SSL) pattern. If swing high (BSL) and swing low (SSL) are formed, and then an internal swing high/low is formed (depending on the direction of movement), then in case the initial movement continues โ€” for example, in an upward movement โ€” the new swing low (SSL) will be the minimum before the update, i.e., the internal low, while the swing high (BSL) will be formed according to the three-candle pattern. A change of direction is considered when a candle closes beyond the key swing high/low (BSL/SSL), depending on the direction of movement. For example, in an upward movement, a break occurs when a candle closes beyond the swing low (SSL). After that, the swing high (BSL) will be the nearest fractal (swing high), and the swing low (SSL) will be formed according to the three-candle pattern. All the above logic also applies to downward movements. Within each movement, there can be FVG zones, which can act as support/resistance or indicate weakness in the movement direction. Note: if the movement is upward, only bullish FVG+ will be displayed; if the movement is downward, only bearish FVG- will be displayed. Weakness of movement direction. For example, consider an upward impulse with the nearest FVG+ zone. If the price closes beyond the lower boundary of the zone, it will be considered invalidated (inv. FVG-), which in turn indicates weakness in the movement direction and a possible local short, which may subsequently lead to a break of the entire movement. ๐ŸŸ  HOW TO USE There are only two visual settings in the configuration: Show previous SSL/BSL โ€“ enables/disables the display of all previous SSL/BSL zones Show Bullish/Bearish trend โ€“ enables/disables background shading between SSL and BSL for visual understanding of the movement direction On the chart, the following are displayed: Labels with current SSL/BSL FVG+- / inv. FVG+- zones, for trading in the movement direction In case the nearest FVG is invalidated, a label will appear with the text: Weak bullish/bearish & local short/long (this is not a signal, but only indicates the probability of a potential move based on the weakness of the nearest zone) ๐ŸŸ  CONCLUSION The indicator helps determine the current movement with zones for trading in the direction, and also indicates movement weakness through invalidation of the nearest zones.
Penunjuk Pine Scriptยฎ
oleh rukich
12
Trend Follow Line Point๐Ÿ“Œ Trend Follow Line Point The Trend Follow Line Point indicator removes the confusing, repainting-based swing connections commonly found in traditional swing tools. It maintains consistent swing-point calculation, keeps structural swing lines intact even when trend lines are broken, and integrates market structure + trend + volatility + volume into one intuitive, visual indicator. This tool is designed for: Trend Following Swing Structure Analysis Volatility-Based Entry & Exit Market Strength Evaluation ๐Ÿ“Š Component Explanation ๐Ÿ”น 1. Swing High / Swing Low Detection Based on the user-defined sensitivity (swgLen): A Swing High forms when the current high exceeds the previous swgLen highs. A Swing Low forms when the current low falls below the previous swgLen lows. ๐Ÿ”น 2. Swing-Based Structure Lines Connect Swing Highs โ†’ Structural visualization Connect Swing Lows โ†’ Structural visualization These lines reveal the underlying market structure without repainting or disappearing unexpectedly. ๐Ÿ”น 3. Dynamic ATR + Volume Weighting ATR values combined with the volume ratio (vol / volMA) create a dynamic volatility channel that reflects real-time market pressure. ๐Ÿ”น 4. Enhanced SuperTrend Calculation Uses ATR-based stability to produce more realistic and smoother trend lines, reducing noise and improving signal clarity. ๐Ÿ”น 5. Trend Color Mapping Up Trend โ†’ User-selected color Down Trend โ†’ User-selected color Visual trend direction and strength can be identified immediately. ๐Ÿงญ How to Use When Swing Highs/Lows are detected, structure lines are automatically drawn between previous swings. Use these lines to evaluate support/resistance breaks and overall structural direction. Manage risk with volatility guidance: Higher ATR (volume-weighted) โ†’ wider trend spacing โ†’ increased risk Lower ATR โ†’ tighter spacing โ†’ reduced risk This helps with position sizing, entry timing, and exit decisions. +
Penunjuk Pine Scriptยฎ
oleh c9indicator
Regime Filter [BigBeluga]๐Ÿ”ต OVERVIEW Regime Filter is a dual-factor trend condition tool combining price trend momentum and volume expansion into a single, easy-to-read visual framework. It quantifies recent trend direction and volume shifts, then shows them as: Two oscillator plots for Trend and Volume regimes Dynamic candle coloring for trend clarity A quadrant scatter map in your chart corner for immediate regime recognition. This filter helps traders quickly detect when a trend is healthy & confirmed by strong volume, or weakening & vulnerable due to low volume. ๐Ÿ”ต CONCEPTS Trend Oscillator: A loop-based trend value calculated by comparing the current smoothed price (HMA of HLC3) against its own trailing history. Positive values indicate trend-up regimes, negative values signal trend-down phases. Volume Oscillator: Similar loop logic but on smoothed volume (HMA of Volume) โ€” highlighting whether trading activity is expanding or contracting relative to past bars. hma = ta.hma(hlc3, 15) vol = ta.hma(volume, 15) for i = 0 to len if hma > hma trend += 1 else trend -= 1 for i = 0 to len if vol > vol voltrend += 1 else voltrend -= 1 Regime Map Scatter Plot: A unique 2D quadrant displayed in the bottom-right corner. This shows where the market is sitting: > Top Right (green): Trend โ†‘ and Volume โ†‘ โ†’ strong confirmed up trend. > Top Left (red): Trend โ†“ but Volume โ†‘ โ†’ strong sell momentum. > Bottom Right (blue): Trend โ†‘ but Volume โ†“ โ†’ uptrend losing steam. > Bottom Left (yellow): Trend โ†“ and Volume โ†“ โ†’ weak bearish drift. Dynamic Candle Coloring: Candles are colored by trend only: green for uptrends, red for downtrends, and orange near reversals. Threshold Fills: The oscillator region is shaded green above +10 (healthy uptrend) and red below -10 (strong downtrend) for instant confidence. ๐Ÿ”ต FEATURES Normalized trend and volume values adapt automatically to your lookback length. Candlestick color overrides highlight current trend state in real-time. Clear zero-line and fill bands help you gauge strength vs. noise. Scatter regime dashboard updates live to track when trend and volume align or decouple. Color gradients show intensification or cooling in both oscillators and the regime map. ๐Ÿ”ต HOW TO USE Look for sustained positive trend and volume values to confirm strong directional moves. Watch for the scatter dot in the green square (top right) for high-confidence breakouts. If the dot drops to bottom right, uptrend may be tiring โ€” possible exit zone. If the dot jumps top left, bearish drive is reinforced by heavy volume โ€” caution on longs. Use the orange trend coloring as an early warning that trend pressure may be shifting. Combine with breakout levels or moving averages for a robust regime filter system. ๐Ÿ”ต CONCLUSION The Regime Filter distills price trend and volume dynamics into an actionable multi-mode display: oscillators, color-coded candles, and an intuitive scatter map. This all-in-one layout helps traders visually read market regime strength and spot fading trends before they turn โ€” perfect for swing traders, intraday scalpers, and macro trend followers alike.
Penunjuk Pine Scriptยฎ
oleh BigBeluga
17
Keltner Hull Suite [QuantAlgo]๐ŸŸข Overview The Keltner Hull Suite combines Hull Moving Average positioning with double-smoothed True Range banding to identify trend regimes and filter market noise. The indicator establishes upper and lower volatility bounds around the Hull MA, with the trend line conditionally updating only when price violates these boundaries. This mechanism distinguishes between genuine directional shifts and temporary price fluctuations, providing traders and investors with a systematic framework for trend identification that adapts to changing volatility conditions across multiple timeframes and asset classes. ๐ŸŸข How It Works The calculation foundation begins with the Hull Moving Average, a weighted moving average designed to minimize lag while maintaining smoothness: hullMA = ta.hma(priceSource, hullPeriod) The indicator then calculates true range and applies dual exponential smoothing to create a volatility measure that responds more quickly to volatility changes than traditional ATR implementations while maintaining stability through the double-smoothing process: tr = ta.tr(true) smoothTR = ta.ema(tr, keltnerPeriod) doubleSmooth = ta.ema(smoothTR, keltnerPeriod) deviation = doubleSmooth * keltnerMultiplier Dynamic support and resistance boundaries are constructed by applying the multiplier-scaled volatility deviation to the Hull MA, creating upper and lower bounds that expand during volatile periods and contract during consolidation: upperBound = hullMA + deviation lowerBound = hullMA - deviation The trend line employs a conditional update mechanism that prevents premature trend reversals. The system maintains the current trend line until price action violates the respective boundary, at which point the trend line snaps to the violated bound: if upperBound < trendLine trendLine := upperBound if lowerBound > trendLine trendLine := lowerBound Directional bias determination compares the current trend line value against its previous value, establishing bullish conditions when rising and bearish conditions when falling. Signal generation occurs on state transitions, triggering alerts when the trend state shifts from neutral or opposite direction: trendUp = trendLine > trendLine trendDown = trendLine < trendLine longSignal = trendState == 1 and trendState != 1 shortSignal = trendState == -1 and trendState != -1 The visualization layer creates a trend band by plotting both the current trend line and a two-bar shifted version, with the area between them filled to create a visual channel that reinforces directional conviction. ๐ŸŸข How to Use This Indicator โ–ถ Long and Short Signals: The indicator generates long/buy signals when the trend state transitions to bullish (trend line begins rising) and short/sell signals when transitioning to bearish (trend line begins falling). These state changes represent structural shifts in momentum where price has broken through the adaptive volatility bands, confirming directional commitment. โ–ถ Trend Band Dynamics: The spacing between the main trend line and its shifted counterpart creates a visual band whose width reflects trend strength and momentum consistency. Expanding bands indicate accelerating directional movement and strong trend persistence, while contracting or flattening bands suggest decelerating momentum, potential trend exhaustion, or impending consolidation. Monitoring band width provides early warning of regime transitions from trending to range-bound conditions. โ–ถ Preconfigured Presets: Three optimized parameter sets accommodate different trading styles and timeframes. Default (14, 20, 2.0) provides balanced trend identification suitable for daily charts and swing trading, Fast Response (10, 14, 1.5) delivers aggressive signal generation optimized for intraday scalping and momentum trading on 1-15 minute timeframes, while Smooth Trend (18, 30, 2.5) offers conservative trend confirmation ideal for position trading on 4-hour to daily charts with enhanced noise filtration. โ–ถ Built-in Alerts: Three alert conditions enable automated monitoring - Bullish Trend Signal triggers on long setup confirmation, Bearish Trend Signal activates on short setup confirmation, and Trend Change alerts on any directional transition. These notifications allow you to respond to regime shifts without continuous chart monitoring. โ–ถ Color Customization: Five visual themes (Classic, Aqua, Cosmic, Ember, Neon, plus Custom) accommodate different chart backgrounds and display preferences, ensuring optimal contrast and visual clarity across trading environments.
Penunjuk Pine Scriptยฎ
oleh QuantAlgo
10
Alper-EMAAlper-EMA Description: This indicator allows you to display 5 customizable EMAs (Exponential Moving Averages) on a single chart. Each EMA can be configured independently with length, color, visibility, and calculation timeframe. Features: 5 fully customizable EMAs Set individual length and color for each EMA Toggle visibility for each EMA Multi-timeframe calculation: e.g., display EMA300 calculated on a 30-minute timeframe while viewing a 1-minute chart Labels display EMA period and timeframe for clarity Adjustable label size: tiny / small / normal / large Clear and readable plot lines Use Cases: Monitor multiple timeframe EMAs simultaneously Analyze trend and support/resistance levels Track EMA crossovers for strategy development Note: This indicator is suitable for both short-term (scalping) and medium-to-long term analysis. The multi-timeframe feature allows you to see different EMA perspectives on a single chart quickly.
Penunjuk Pine Scriptยฎ
oleh alperdesdicioglu
Support Line [by rukich]๐ŸŸ  OVERVIEW The indicator displays a floating line that acts as a support level. It's important to remember that any support level can be broken. ๐ŸŸ  COMPONENTS The indicator is based on the percentage difference between the closes of the n-th bar back and the current bar. The resulting percentage is smoothed to remove noise. The indicator is displayed as a green-red line (the colors donโ€™t carry meaning โ€” they are used just for visual variety). When the price touches the support level, the bar background turns green. For convenience, there is a label on the right side of the indicator showing the current value of the line. ๐ŸŸ  HOW TO USE The indicator includes several settings that can be adjusted, though optimal defaults are provided. Settings: Timeframe โ€” specifies which timeframeโ€™s data is used to calculate the line. Candles back โ€” specifies how many bars back from the current one are used. The indicator should be used according to general support-zone logic. Since no support zone guarantees a price bounce, the optimal approach is to confirm the reaction after the price touches the line. Example of use: In the current example, the Timeframe in the indicator settings is set to 1 hour, and the currently open chart is 5 minutes. This means that on the 5-minute chart we see a 1-hour line. After the price touches the support line, you need to see a confirmation of the reaction to understand whether the support zone is holding the price. In the examples, reaction confirmation is shown through: the formation of an M5 shift and the invalidation of an FVG M5- (the latter is more risky than the M5 shift): ๐ŸŸ  CONCLUSION The indicator shows a floating support zone, and when tested, you should confirm the reaction on a lower timeframe.
Penunjuk Pine Scriptยฎ
oleh rukich
Z-EMA Fusion BandsDesigned with crypto markets in mind, particularly Bitcoin , it builds on the concept that the 1-Week 50 EMA often serves as a long-term bull/bear market threshold โ€” an area where institutional bias, momentum shifts, and cyclical rotations tend to occur. ๐Ÿ”น Core Components & Synergies: 1. 1W 50 EMA (Higher Timeframe) - This EMA is calculated on a weekly timeframe, regardless of your current chart. - In crypto, price above the 1W 50 EMA typically aligns with long-term bull market phases, while extended periods below can signify bearish macro structure. - The slope of the EMA is also analyzed to add directional confidence to trend strength. 2. ยฑ1 Standard Deviation Bands - Surrounding the 50 EMA, these bands visualize normal price dispersion relative to trend. - When price consistently hugs or breaks outside these bands, it often reflects market expansion, volatility events, or mean-reversion opportunity. 3. Z-Score Gradient Fill - The area between the bands is filled using a Z-score-based gradient, which dynamically adjusts color based on how far price is from the EMA (in terms of standard deviations). - Color shifts from aqua (near EMA) to fuchsia (far from EMA) help you spot price compression, equilibrium, or overextension at a glance. - The fill also uses transparency scaling, making it fade as price stretches further, emphasizing the core structure. 4. Directional EMA Coloring - The EMA line itself is colored based on: - The slope of the EMA (rising/falling) - Whether the HTF candle is bullish or bearish - This provides intuitive color-coded confirmation of momentum alignment or potential exhaustion. 5. Price/EMA Divergence Detection - The script detects bullish and bearish divergence between price and the EMA (rather than using a traditional oscillator). - Bullish Divergence: Price makes a lower low, EMA makes a higher low. - Bearish Divergence: Price makes a higher high, EMA makes a lower high. - These signals often mark transitional zones where momentum fades before a trend reversal or correction. ๐Ÿ“Š Suggested Uses: ๐Ÿ”ธ Swing and Position Trading: - Use the 1W 50 EMA as a macro-trend anchor. - Stay long-biased when price is above with positive slope, and short-biased when below. - Consider entries near band edges for mean-reversion plays, especially if confluence forms with divergence signals. ๐Ÿ”ธ Volatility-Based Filtering: - Use the Z-score fill to identify volatility compression (near EMA) or expansion (edge of bands). - Combine this with breakout strategies or dynamic position sizing. ๐Ÿ”ธ Divergence Confirmation: - Combine divergence markers with HTF EMA slope for high-probability setups. - Bullish div + EMA flattening/rising can signal the start of accumulation after a macro dip. ๐Ÿ”ธ Multi-Timeframe Analysis: - Works well as a structural overlay on intraday charts (1H, 4H, 1D). - Use this indicator to track long-term bias while executing lower timeframe trades. โš ๏ธ Disclaimer: This indicator is designed for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any asset. Always use proper risk management, and combine with your own analysis, tools, and strategy. Performance in past market conditions does not guarantee future results.
Penunjuk Pine Scriptยฎ
oleh RWCS_LTD
Exhaustion Zone [by rukich]๐ŸŸ  OVERVIEW The indicator shows asset exhaustion โ€” an area of interest where potential buying opportunities can be considered. ๐ŸŸ  COMPONENTS The indicator is based on a combination of fundamental tools designed to properly react to price movement and volatility. It is displayed on the chart as a green line. When the price touches the indicator line, the candle lights up and is highlighted in green. ๐ŸŸ  HOW TO USE The best timeframes for using the indicator: 1D and 3D. Since the indicator is used on higher timeframes, the price rarely reaches the indicator line, but it often shows a strong reaction when it does, which suggests that the indicator can be used for investment purposes. Since the zone suggests potential buying opportunities, itโ€™s best to act from the zone only when a reaction is confirmed. Confirmation may include a candle close beyond nearby fractals or the invalidation of the nearest resistance zone. ๐ŸŸ  CONCLUSION The indicator highlights an area of interest where, upon confirmation of a reaction, buying opportunities may be considered.
Penunjuk Pine Scriptยฎ
oleh rukich
4
MTC โ€“ Multi-Timeframe Trend Confirmator V2MTC โ€“ Multi-Timeframe Trend Confirmator V2 A comprehensive trend analysis indicator that systematically combines six technical indicators across three customizable timeframes, using a weighted scoring system to identify high-probability trend conditions. ORIGINALITY AND CONCEPT This indicator is original in its approach to multi-timeframe trend confirmation. Rather than relying on a single indicator or timeframe, it creates a composite score by evaluating six different technical conditions simultaneously across three timeframes. The scoring system weighs certain indicators more heavily based on their reliability in trend identification. The visual gauge provides an at-a-glance view of trend alignment across timeframes, making it easier to identify when multiple timeframes agree - a condition that typically produces stronger, more reliable trends. HOW IT WORKS - DETAILED SCORING METHODOLOGY The indicator evaluates six technical conditions on each timeframe. Each condition contributes to a composite score: EMA 200 (Weight: 1 point) Bullish: Price closes above EMA 200 (+1) Bearish: Price closes below EMA 200 (-1) Rationale: Long-term trend direction SMA 50/200 Crossover (Weight: 1 point) Bullish: SMA 50 above SMA 200 (+1) Bearish: SMA 50 below SMA 200 (-1) Rationale: Golden/Death cross confirmation RSI 14 (Weight: 1 point) Bullish: RSI above 55 (+1) Bearish: RSI below 45 (-1) Neutral: RSI between 45-55 (0) Rationale: Momentum filter with buffer zone to avoid chop MACD (12,26,9) (Weight: 1 point) Bullish: MACD line above signal line (+1) Bearish: MACD line below signal line (-1) Rationale: Trend momentum confirmation ADX 14 (Weight: 2 points - DOUBLE WEIGHTED) Requires ADX above 25 to activate Bullish: DI+ above DI- and ADX > 25 (+2) Bearish: DI- above DI+ and ADX > 25 (-2) Neutral: ADX below 25 (0) Rationale: Trend strength filter - only counts when a strong trend exists. Double weighted because ADX is specifically designed to measure trend strength, making it more reliable than oscillators. Supertrend (Factor: 3.0, ATR Period: 10) (Weight: 2 points - DOUBLE WEIGHTED) Bullish: Direction indicator = -1 (+2) Bearish: Direction indicator = +1 (-2) Rationale: Dynamic support/resistance that adapts to volatility. Double weighted because Supertrend provides clear, objective trend signals with built-in stop-loss levels. COMPOSITE SCORE CALCULATION: Total possible score range: -10 to +10 points Score interpretation: Score > 2: UPTREND (majority of indicators bullish, especially weighted ones) Score < -2: DOWNTREND (majority of indicators bearish, especially weighted ones) Score between -2 and +2: NEUTRAL/RANGING (mixed signals or weak trend) The threshold of +/- 2 was chosen because it requires more than just basic agreement - it typically means at least 3-4 indicators align, or that the heavily-weighted indicators (ADX, Supertrend) confirm the direction. MULTI-TIMEFRAME LOGIC: The indicator calculates the composite score independently for three timeframes: Higher Timeframe (default: 4H) - Major trend direction Mid Timeframe (default: 1H) - Intermediate trend Lower Timeframe (default: 15min) - Entry timing Main Trend Confirmation Rule: The indicator only signals a confirmed trend when BOTH the higher timeframe AND mid timeframe scores agree (both > 2 for uptrend, or both < -2 for downtrend). This dual-timeframe confirmation significantly reduces false signals during choppy or ranging markets. HOW TO USE IT Setup: Add indicator to chart Customize timeframes based on your trading style: Scalpers: 15min, 5min, 1min Day traders: 4H, 1H, 15min (default) Swing traders: Daily, 4H, 1H Toggle individual indicators on/off based on your preference Adjust Supertrend parameters if needed for your instrument's volatility Reading the Gauge (Top Right Corner): Each row shows one timeframe Left column: Timeframe label Middle column: Visual strength bars (10 bars = maximum score) Green bars = Bullish score Red bars = Bearish score Yellow bars = Neutral/ranging More filled bars = stronger trend Right column: Numerical score Trading Signals: Entry Signals: Long Entry: Wait for upward triangle arrow (appears when higher + mid TF both bullish) Confirm gauge shows green bars on higher and mid timeframes Lower timeframe should ideally turn green for entry timing Chart background tints light green Short Entry: Wait for downward triangle arrow (appears when higher + mid TF both bearish) Confirm gauge shows red bars on higher and mid timeframes Lower timeframe should ideally turn red for entry timing Chart background tints light red Position Management: Stay in position while higher and mid timeframes remain aligned Consider reducing position size when mid timeframe score weakens Exit when higher timeframe trend reverses (daily label changes) Avoiding False Signals: Ignore signals when gauge shows mixed colors across timeframes Avoid trading when scores are close to threshold (+/- 2 to +/- 4 range) Best trades occur when all three timeframes align (all green or all red in gauge) Use the numerical scores: higher absolute values (7-10) indicate stronger, more reliable trends Practical Examples: Example 1 - Strong Uptrend Entry: Higher TF: +8 (strong green bars) Mid TF: +6 (strong green bars) Lower TF: +4 (moderate green bars) Action: Look for long entries on lower timeframe pullbacks Background is tinted green, upward arrow appears Example 2 - Ranging Market (Avoid): Higher TF: +3 (weak green) Mid TF: -1 (weak red) Lower TF: +2 (neutral yellow) Action: Stay out, wait for alignment Example 3 - Trend Reversal Warning: Higher TF: +7 (still green) Mid TF: -3 (turned red) Lower TF: -5 (strong red) Action: Consider exiting longs, prepare for potential higher TF reversal Customization Options: Timeframes: Adjust all three to match your trading horizon Indicator Toggles: Disable indicators that don't suit your instrument: Disable RSI for highly volatile crypto markets Disable SMA crossover for range-bound instruments Keep ADX and Supertrend enabled for trending markets Visual Preferences: Arrow size: 5 options from Tiny to Huge Gauge size: Small/Medium/Large for different screen sizes Toggle arrows on/off if you only want the gauge Alert Setup: Right-click chart, "Add Alert" Condition: MTC v6 - UPTREND or DOWNTREND Get notified when multi-timeframe confirmation occurs Best Practices: Use with Price Action: The indicator works best when combined with support/resistance levels, chart patterns, and volume analysis Risk Management: Even with multi-timeframe confirmation, always use stop losses Market Context: Works best in trending markets; less reliable in strong consolidation Backtesting: Test the default settings on your specific instrument and timeframe before live trading Patience: Wait for full multi-timeframe alignment rather than taking premature signals Technical Notes: All calculations use Pine Script's security function to fetch data from multiple timeframes Prevents repainting by using confirmed bar data Gauge updates in real-time on the last bar Daily labels mark at the open of each new daily candle Works on all instruments and timeframes This indicator is ideal for traders who want objective, systematic trend identification without the complexity of analyzing multiple indicators manually across different timeframes. -NATANTIA
Penunjuk Pine Scriptยฎ
oleh Natantia
DeepClean Linear indicator 1. Indicator Name DeepClean Linear indicator 2. One-Line Introduction A trend-recognition indicator that overlays a โ€œtransparent waveโ€ on price, removing noise and revealing directional bias and trend intensity in a highly intuitive visual form. 3. Overall Summary The DeepClean Linear indicator calculates trend direction using changes in linear regression slope and determines trend strength by comparing how consistently the regression line moves over a defined lookback window. Rather than merely identifying trend direction, the indicator applies a triple-layer noise-filtering process (EMA โ†’ SMA โ†’ RMA) to produce a clean, wave-shaped data line that filters out unnecessary market noise. This transparent wave sits directly on top of price, allowing traders to visually compare price movement and trend strength at the same time. A stronger trend results in a taller, thicker wave, while weakening momentum causes the wave to thin, making it easier to spot trend continuation, exhaustion, or upcoming reversal. Color automatically shifts based on trend: Bright cyan/teal during bullish conditions Reddish tones during bearish conditions Transparency dynamically adjusts depending on strength The indicator excels at identifying the true underlying trend by ignoring minor fluctuations and is well suited for scalping, swing trading, and position trading. It also significantly reduces false signals in ranging markets, making it ideal for trend-following strategies. 4. Advantages โ‘  Ultra-Clean Noise-Reduced Wave Utilizes a 3-stage smoothing filter (EMA โ†’ SMA โ†’ RMA) to produce a much cleaner wave than standard moving averages, highlighting only core trend movement. โ‘ก Trend Direction & Strength at a Glance Based on comparative linear regression behavior, the indicator quantifies both direction and strength, making convergence/divergence highly visible. โ‘ข Intuitive Price Overlay Visualization The semi-transparent wave sits directly on price action, allowing traders to instantly see divergence from price, trend weakening, or early turning points. โ‘ฃ Dynamic Transparency Coloring Strong trends appear bold and intense, while weaker trends fade visuallyโ€”making signal interpretation effortless. โ‘ค Excellent Range Filtering During low-direction phases (state = 0), the wave turns neutral, preventing forced or premature entries. โ‘ฅ Multi-Timeframe Compatibility The wave remains stable from 1-minute to weekly charts, making it suitable for trend analysis, execution, and risk control across all timeframes. ๐Ÿ“Œ Core Concept Overview The indicator evaluates the relative comparison of linear regression values over the last n periods. A positive trend value indicates bullish bias A negative trend value indicates bearish bias Intensity represents strength and controls wave height waveTop / waveBot define the visual wave area relative to price State Values 1 = Bullish Trend -1 = Bearish Trend 0 = Neutral / Weak Direction โš™๏ธ Settings Overview Option Description Trend Lookback (n) Comparison window for regression slope. Higher = bigger trend focus. Range Tolerance (%) Strength threshold to classify bullish/bearish movement. Higher = more conservative. Source Price source for regression calculations. Linear Reg Length Length of the linear regression. Noise Filter Strength (smoothK) Controls the smoothing intensity. Higher = smoother wave. Wave Amplitude (amp) Adjusts the height/thickness of the wave. Bull/Bear Color Colors for bullish/bearish waves. Base Transparency Base opacity level; modified dynamically by trend strength. ๐Ÿ“ˆ Bullish Timing Recognition Examples Wave begins turning brighter teal and more opaque, indicating strengthening upward pressure. waveTop expands above price, signaling early trend expansion. State flips to 1, often marking a trend restart or early reversal phase. A steadily rising wave height suggests sustained bullish momentum. ๐Ÿ“‰ Bearish Timing Recognition Examples Wave shifts into red tones, showing bearish dominance. waveBot expands below price, indicating rising downside volatility. State stays at -1 while intensity increases, signaling entry into strong downtrend conditions. A shift from weak โ†’ strong bearish intensity can provide short-entry timing cues. ๐Ÿงช Recommended Usage Use as a core component in trend-following systems Adjust position size based on wave thickness (trend strength) Combine with RSI/MACD to reduce false signals during overbought/oversold zones Sudden wave expansion during volatility increases helps detect trend acceleration In sideways markets, frequent state = 0 readings help avoid low-probability trades ๐Ÿ”’ Important Notes As a trend-based indicator, it may misread choppy/ranging markets Because of smoothing, signals may appear slightly delayed Extreme news volatility can temporarily distort trend clarity
Penunjuk Pine Scriptยฎ
oleh c9indicator
SPY/QQQ Customizable Price ConverterThis is a minimalist utility tool designed for Index traders (SPX, NDX, RUT). It allows you to monitor the price of a reference asset (like SPY, QQQ) directly on your main chart without cluttering your screen. Key Features: 1.๐Ÿ–ฑ๏ธ Crosshair Sync for Historical Data (Highlight): Unlike simple info tables that only show the latest price, this script allows for historical inspection. ยท How it works: Simply move your mouse crosshair over ANY historical candle on your chart. ยท The script will instantly display the closing price of the reference asset (e.g., SPY) for that specific time in the Status Line (top-left) or the Data Window. Perfect for backtesting and reviewing price action. 2.๐Ÿ”„ Fully Customizable Ticker: Default is set to SPY, but you can change it to anything in the settings. e.g. ยท Trading NDX Change it to QQQ. ยท Trading RUT Change it to IWM. 3.๐Ÿ“Š Clean Real-Time Dashboard: ยท A floating table displays the current real-time price of your reference asset. ยท Color-coded text (Green/Red) indicates price movement. ยท Fully customizable size, position, and colors to fit your layout.
Penunjuk Pine Scriptยฎ
oleh Sewell_