Top G indicator [BigBeluga]Top G Indicator is a straightforward yet powerful tool designed to identify market extremes, helping traders spot potential tops and bottoms effectively.
🔵 Key Features:
High Probability Signals:
𝔾 Label: Indicates high-probability market bottoms based on specific conditions such as low volatility and momentum shifts.
Top Label: Highlights high-probability market tops using key price action dynamics.
Simple Signals for Potential Extremes:
^ (Caret): Marks potential bottom areas with less certainty than 𝔾 labels.
v (Inverted Caret): Signals potential top areas with less certainty than Top labels.
Midline Visualization:
A smoothed midline helps identify the center of the current range, providing additional context for trend and range trading.
Range Highlighting:
Dynamic bands around the highest and lowest points of the selected period, color-coded for easy identification of the market range.
🔵 Usage:
Spot Extremes: Use 𝔾 and Top labels to identify high-probability reversal points for potential entries or exits.
Monitor Potential Reversals: Leverage ^ and v marks for additional signals on potential turning points, especially during range-bound conditions.
Range Analysis: Use the midline and dynamic bands to determine the market's range and its center, aiding in identifying consolidation or breakout scenarios.
Confirmation Tool: Combine this indicator with other tools to confirm reversal or trend continuation setups.
Top G Indicator is a simple yet effective tool for spotting market extremes, designed to assist traders in making timely decisions by identifying potential tops and bottoms with clarity.
Analisis Trend
Wyckoff Springs Sell Side Indicator
Description:
This script identifies potential Wyckoff Spring and Sell Test setups, critical patterns in the Wyckoff Method of market analysis. Springs signal bullish reversals after a price dip below support levels, followed by a quick recovery, while Sell Tests highlight bearish reversals following a rally above resistance, then a sharp return.
Features:
Automatic detection of Spring and Sell Test conditions.
Customizable parameters for sensitivity and timeframe.
Visual alerts and labels for easy spotting.
Ideal for traders applying Wyckoff principles in their strategies.
Disclaimer:
This script is for educational and informational purposes only and should not be considered financial advice. Past performance does not guarantee future results. Always conduct your own research and consult with a qualified financial advisor before making trading decisions. Use at your own risk.
MA clouds by ®AlpachinoI created this indicator for generally improved trend determination using a fast-responding EMA and a slower-responding RMA.
The indicator has two modes.
Single cloud:
EMA(high-low)
Double cloud:
EMA/RMA(high-high)
EMA/RMA(low low)
Usage:
Sell: Price action below both clouds.
Buy: Price action above both clouds.
Clouds together -> strong trend.
Clouds separated -> range/weak trend.
Suitable for filtering signals from other indicators.
TICK Charting & DivergencesOverview
The TICK index measures the number of NYSE stocks making an uptick versus a downtick. This indicator identifies divergences between price action and TICK readings, potentially signaling trend reversals.
Key Features
Real-time TICK monitoring during market hours (9:30 AM - 4:00 PM ET)
Customizable smoothing factor for TICK values
Regular and hidden divergences detection
Reference lines at ±500 and ±1000 levels
Current TICK value display
TICK Internals Interpretation
Above +1000: Strong buying pressure, potential exhaustion
Above +500: Moderate buying pressure
Below -500: Moderate selling pressure
Below -1000: Strong selling pressure, potential exhaustion
Best Practices
Use in conjunction with support/resistance levels, market trend direction, and time of day.
Higher probability setups with multiple timeframe confirmation, divergence at key price levels, and extreme TICK readings (±1000).
Settings Optimization
Smoothing Factor: 1-3 (lower for faster signals)
Pivot Lookback: 5-10 bars (adjust based on timeframe)
Range: 5-60 bars (wider for longer-term signals)
Warning Signs
Multiple failed divergences
Choppy price action
Low volume periods
Major news events pending
Remember: TICK divergences are not guaranteed signals. Always use proper risk management and combine with other technical analysis tools.
Multi Kernel Regression [ChartPrime] (buy/sell signals)just some buy and sell signals for the Multi Kernel Regression indicator from ChartPrime
i personaly use this settings:
Kernel: Gaussian
Bandwidth: 25
Source: open
Options Flavour by Raushan ShrivastavaThis script is for a trading strategy which combines Pivot Points and a Simple Moving Average.
It calculates support and resistance levels based on the monthly pivot point and plots them on the chart.
The script also creates conditions for entering bullish and bearish trades based on the relationship between the price and moving average.
Breakdown of the main components of the script :-
Pivot Point Calculation:
The script calculates the monthly pivot point and its associated support (S1, S2, S3) and resistance (R1, R2, R3) levels.
These levels are used to determine potential areas of interest on the chart.
Moving Average:
A simple moving average (SMA) is plotted with a length defined by the user (length_ma), used to spot trends.
Conditions for Bullish and Bearish Signals:
Bullish condition: The label appears when the market crosses the moving average upward and is above the pivot, or when the market crosses the pivot upward and is above the moving average.
Bearish condition: The label appears when the market crosses the moving average downward and is below the pivot, or when the market crosses the pivot downward and is below the moving average.
Plotting Shapes:
The pivot point, support, resistance, and previous month's high/low values are plotted on the chart as circles.
The moving average is plotted as a black line.
Labels:
Labels are placed to indicate when a bullish or bearish condition occurs. These labels appear when the conditions are met, helping visualize trading signals.
This strategy can be useful for traders who wish to combine multiple technical indicators to make more informed decisions. You can adjust the parameter for moving average length to fine-tune the strategy for different time frames and market conditions.
KayVee Buy Sell Gold Indicator//@version=6
indicator(title="KayTest", overlay=true)
// Input Parameters
src = input(defval=close, title="Source")
per = input.int(defval=100, minval=1, title="Sampling Period")
mult = input.float(defval=3.0, minval=0.1, title="Range Multiplier")
// Smooth Range Function
smoothrng(x, t, m) =>
wper = t * 2 - 1
avrng = ta.ema(math.abs(x - x ), t)
smoothVal = ta.ema(avrng, wper) * m
smoothVal
// Compute Smooth Range
smrng = smoothrng(src, per, mult)
// Range Filter Function
rngfilt(x, r) =>
filtVal = x
filtVal := x > nz(filtVal ) ? (x - r < nz(filtVal ) ? nz(filtVal ) : x - r) : (x + r > nz(filtVal ) ? nz(filtVal ) : x + r)
filtVal
// Apply Filter
filt = rngfilt(src, smrng)
// Trend Detection
upward = 0.0
upward := filt > filt ? nz(upward ) + 1 : filt < filt ? 0 : nz(upward )
downward = 0.0
downward := filt < filt ? nz(downward ) + 1 : filt > filt ? 0 : nz(downward )
// Bands
hband = filt + smrng
lband = filt - smrng
// Colors
filtcolor = upward > 0 ? color.lime : downward > 0 ? color.red : color.orange
barcolor = src > filt and src > src and upward > 0 ? color.lime :
src > filt and src < src and upward > 0 ? color.green :
src < filt and src < src and downward > 0 ? color.red :
src < filt and src > src and downward > 0 ? color.maroon : color.orange
// Plot Indicators
plot(filt, color=filtcolor, linewidth=3, title="Range Filter")
plot(hband, color=color.new(color.aqua, 90), title="High Target")
plot(lband, color=color.new(color.fuchsia, 90), title="Low Target")
// Fill the areas between the bands and filter line
fill1 = plot(hband, color=color.new(color.aqua, 90), title="High Target")
fill2 = plot(filt, color=color.new(color.aqua, 90), title="Range Filter")
fill(fill1, fill2, color=color.new(color.aqua, 90), title="High Target Range")
fill3 = plot(lband, color=color.new(color.fuchsia, 90), title="Low Target")
fill4 = plot(filt, color=color.new(color.fuchsia, 90), title="Range Filter")
fill(fill3, fill4, color=color.new(color.fuchsia, 90), title="Low Target Range")
barcolor(barcolor)
// Buy and Sell Conditions (adjusting for correct line continuation)
longCond1 = (src > filt) and (src > src ) and (upward > 0)
longCond2 = (src > filt) and (src < src ) and (upward > 0)
longCond = longCond1 or longCond2
shortCond1 = (src < filt) and (src < src ) and (downward > 0)
shortCond2 = (src < filt) and (src > src ) and (downward > 0)
shortCond = shortCond1 or shortCond2
// Initialization of Condition
CondIni = 0
CondIni := longCond ? 1 : shortCond ? -1 : CondIni
// Long and Short Signals
longCondition = longCond and CondIni == -1
shortCondition = shortCond and CondIni == 1
// Plot Signals
plotshape(longCondition, title="Buy Signal", text="Buy", textcolor=color.white, style=shape.labelup, size=size.normal, location=location.belowbar, color=color.green)
plotshape(shortCondition, title="Sell Signal", text="Sell", textcolor=color.white, style=shape.labeldown, size=size.normal, location=location.abovebar, color=color.red)
// Alerts
alertcondition(longCondition, title="Buy Alert", message="BUY")
alertcondition(shortCondition, title="Sell Alert", message="SELL")
Price Action BoxBu Pine Script™ kodu, fiyat aksiyonuna dayalı bir gösterge oluşturarak piyasadaki arz (supply) ve talep (demand) bölgelerini çizmeye yönelik bir analiz sunar. Aşağıda, bu kodun işlevsel bileşenlerini daha detaylı olarak açıklıyorum:
Genel Amaç:
Bu gösterge, belirli bir periyotta swing high ve swing low seviyelerini belirleyerek bu seviyelere dayalı arz ve talep bölgelerini çizer. Aynı zamanda bu bölgelerin kırılması durumunda BOS (Break of Structure) işaretleri ekler.
Kodu Detaylandırma:
1. Ayarlar ve Kullanıcı Girdileri:
Swing High/Low Length: Swing yüksek ve düşük seviyelerinin belirlenmesinde kullanılan periyot. Bu, kullanıcı tarafından ayarlanabilir.
History To Keep: Göstergede geçmişteki arz ve talep bölgelerinin sayısını belirtir.
Supply/Demand Box Width: Arz ve talep kutularının genişliği, yani ATR'ye (Average True Range) göre ne kadar genişlik bırakılacağı belirlenir.
Visual Settings: Göstergeyi kişiselleştirmek için renkler ve etiketler için ayarlar.
2. İşlevler:
f_array_add_pop: Yeni bir değer ekler ve en eski değeri diziden çıkarır. Bu işlev, belirli sayıda veriyi saklamak için kullanılır.
f_sh_sl_labels: Swing yüksek ve düşük seviyelerine etiket ekler. Bu etiketler "HH", "HL", "LH", "LL" gibi fiyat aksiyonunu gösteren etiketlerdir.
f_check_overlapping: Yeni bir talep veya arz bölgesi çizilmeden önce mevcut bölgelerle örtüşüp örtüşmediğini kontrol eder. Eğer örtüşme varsa yeni bir bölge çizilmez.
f_supply_demand: Arz ve talep bölgelerini çizer. Bu fonksiyon, arz ve talep seviyelerinin üst ve alt sınırlarını belirleyip bir kutu çizer.
f_sd_to_bos: Eğer arz veya talep bölgesi kırılırsa, bölgeyi "BOS" (Break of Structure) olarak değiştirir.
f_extend_box_endpoint: Mevcut arz ve talep kutularını günceller, sağ sınırlarını bir sonraki bar indexine uzatır.
3. Hesaplamalar:
ATR (Average True Range): Fiyatın volatilitesini ölçmek için kullanılır. Bu, arz ve talep kutularının boyutlarını belirlemek için temel alınan değerdir.
Swing High ve Swing Low: Swing yüksek ve düşük seviyeleri, belirli bir periyot içindeki en yüksek ve en düşük fiyatlar kullanılarak hesaplanır.
Box Array ve POI (Point of Interest): Çizilen arz ve talep kutularının bir koleksiyonu ve bu kutuların içinde bulunan ilgilenilen seviyeler.
4. Ana Hesaplamalar ve Eylemler:
Yeni Swing High veya Swing Low Oluşumu: Eğer yeni bir swing yüksek veya düşük oluşursa, bu seviyeler kaydedilir ve talep veya arz bölgeleri çizilir.
BOS (Break of Structure): Eğer fiyat, arz veya talep bölgesini kırarsa, bu bölgeyi "BOS" olarak işaretler.
Kutuların Uzatılması: Arz ve talep kutuları, mevcut bar indexine göre sürekli olarak uzatılır.
Görsel Özellikler:
Supply (Arz) ve Demand (Talep) Bölgeleri: Arz bölgeleri kırmızı, talep bölgeleri yeşil renkte çizilir. Ayrıca, bölgelerin etrafında bir sınır rengi de belirlenmiştir.
POI Etiketleri: Her arz ve talep bölgesinin ortasında POI (Point of Interest) etiketi gösterilir.
BOS Etiketleri: Kırılmış arz veya talep bölgelerinin üzerine BOS etiketi eklenir.
Kullanıcı Girdileriyle Özelleştirme:
Show Price Action Labels: Fiyat aksiyon etiketlerinin görünürlüğünü ayarlamak için bir seçenek. Bu etiketler swing high ve low seviyelerini belirtir.
Farklı Renk ve Boyut Seçenekleri: Arz ve talep bölgeleri için renkler ve POI etiketleri için renkler kullanıcı tarafından özelleştirilebilir.
Sonuç:
Bu Pine Script™, piyasada arz ve talep bölgelerini izlemek, önemli fiyat seviyelerini belirlemek ve bu bölgelerdeki fiyat hareketlerini analiz etmek için kapsamlı bir araç sağlar. Klasik fiyat aksiyon yöntemlerine dayalı olarak arz ve talep bölgelerinin yanı sıra bu bölgelerin kırılmasını tespit ederek işlem fırsatlarını işaret eder.
XAUUSD TDFI & EMA TREND STRATEGYThis script is for a Fiverr customer
Name: XAUUSD TDFI & EMA TREND STRATEGY
Short Title: TDFI & EMA
Category: Trend and Momentum Strategy
Description:
The Trend Direction Force Index v2 (TDFI) strategy is a powerful tool designed to identify trend direction and momentum shifts in the market. This strategy leverages the TDFI indicator to signal entries and exits based on trend strength and directional force. Key features include:
Customizable Moving Averages: Users can select from various moving average types (EMA, WMA, VWMA, Hull, TEMA, etc.) for precise trend analysis.
Dynamic EMA Filters: The strategy integrates an EMA filter, allowing users to choose between 20, 50, or 100-period EMA for refined entry and exit signals.
Clear Entry and Exit Logic:
Enter long when the TDFI signal exceeds the high threshold, and the price stays above the selected EMA.
Exit long when the price closes below the selected EMA.
Enter short when the TDFI signal drops below the low threshold, and the price remains under the selected EMA.
Exit short when the price closes above the selected EMA.
Use Case:
This strategy is ideal for trend-following traders seeking automated decision-making in identifying strong uptrends or downtrends. It combines momentum strength with customizable filters to adapt to different market conditions.
Settings:
Lookback Periods: Configurable for TDFI calculation and dynamic adjustment.
Filter Thresholds: High and low thresholds to define overbought/oversold zones.
Moving Average Types: Choose the preferred smoothing method for the trend.
Note: The TDFI line is not plotted, as the focus is on entry/exit actions driven by the signal. Fine-tune the parameters to align with your trading strategy.
Multi-Timeframe Supertrend StrategyIndicator Name: Multi-Timeframe Supertrend Strategy
Description:
The Multi-Timeframe Supertrend Strategy is a powerful indicator designed to combine the insights of the Supertrend indicator across multiple timeframes to provide highly reliable trading signals. This strategy caters to traders who want to leverage the confluence of trend signals from different timeframes, enabling precise entry and exit points in various market conditions.
Key Features:
Multi-Timeframe Analysis:
Integrates Supertrend signals from the 15-minute, 5-minute, and 2-minute timeframes, offering a robust framework for identifying the prevailing trend with higher accuracy.
Buy and Sell Conditions:
Buy Signal: Triggered when the price is above the Supertrend lines in all three timeframes, indicating strong bullish momentum.
Sell Signal: Activated when the price drops below the 5-minute Supertrend, ensuring timely exits during trend reversals or pullbacks.
Trading Session Filter:
Includes a customizable trading session filter to limit signals to active trading hours (e.g., 9:30 AM to 3:30 PM), avoiding noise and signals outside preferred trading times.
End-of-Day Exit:
Automatically closes open positions at the end of the trading session, providing clarity and preventing overnight exposure.
Visualization:
Displays the Supertrend lines for each timeframe directly on the chart, color-coded to indicate bullish or bearish trends.
Plots buy and sell signals as clearly labeled markers for easy reference.
Alerts:
Supports customizable alerts for buy and sell signals, ensuring you never miss a trading opportunity.
Use Cases:
Ideal for intraday traders looking to align with short-term trends while maintaining a comprehensive multi-timeframe perspective.
Suitable for swing traders who want to time entries and exits based on strong confluence of trend signals.
Customization Options:
Adjustable parameters for the Supertrend indicator, including ATR Period and Multiplier, to tailor the sensitivity to your preferred trading style.
Configurable trading session times and timezones to suit your specific market or time preferences.
PreannFXExplanation of the PreannFX indicator:
Candle Body Size:
The body of the current candle is larger than the previous candle.
Bullish Engulfing:
The current candle closes higher than the previous candle's high.
The body size is larger than the previous candle.
Bearish Engulfing:
The current candle closes lower than the previous candle's low.
The body size is larger than the previous candle.
Entry and Exit:
Bullish: Enter at the previous candle's open or high, stop loss at the previous low, and take profit is 1:1 with the stop loss.
Bearish: Enter at the previous candle's open or low, stop loss at the previous high, and take profit is 1:1 with the stop loss.
Visualization:
Green upward arrows for bullish engulfing patterns.
Red downward arrows for bearish engulfing patterns.
Dynamic MACD with Trend FiltersThe Dynamic MACD with Trend Filters indicator combines the classic MACD strategy with adaptive trend-following mechanisms. This enhanced version uses dynamic trend length adjustments based on several market conditions, such as ATR, ADX, or the moving average spread, ensuring more reliable and timely signals for traders.
Key Features:
Adaptive MACD: The MACD line is calculated using dynamically adjusted periods, based on current market volatility, trend strength, and price movement.
Trend Filtering: The indicator uses ATR, ADX, and moving average spread to assess the strength of the trend, allowing for more accurate signal filtering.
Color-Coded Histogram: The MACD histogram color changes to green (bullish) or red (bearish) based on the trend’s direction, helping traders easily identify potential opportunities.
Background Color Indicator: The chart background is shaded green for uptrends and red for downtrends, offering a clear visual of market conditions.
How to Set It Up:
Fast EMA Length: Adjust the base length of the fast EMA (default: 12) to suit your trading style. This determines the responsiveness of the indicator.
Slow EMA Length: Set the base length for the slow EMA (default: 26) to control the long-term trend following.
Signal Length: Adjust the length of the signal line (default: 9) to determine when the MACD crosses the signal line.
Trend Filters: Choose whether you want to use ATR, ADX, or MA spread for dynamic trend length adjustments.
ATR Filter: Adjust the ATR multiplier (default: 2.0) to control the sensitivity of trend length adjustments based on volatility.
ADX Filter: Enable ADX if you want to confirm a strong trend (default: 25 as the threshold for trend strength).
MA Spread Filter: Use the MA spread to measure the distance between fast and slow EMAs (default: 1.5 multiplier).
This indicator provides traders with a flexible tool to better adapt to changing market conditions and avoid false signals. By customizing these settings, you can fine-tune it to your preferred trading strategy and time frame.
Supertrend with EMA, RSI, ATR & Signals
Supertrend Line that changes color based on the trend.
EMAs (Short and Long) plotted on the chart.
RSI Levels (Overbought and Oversold) for visualization.
Buy/Sell Signals plotted once per trend change.
Bar Candle Colors based on the trend (Green for long, Red for short).
Altcoin Exit Signal👉 This indicator is designed to help traders identify optimal times to sell altcoins during the peak of a bull market. By analyzing the historical ratio of the "OTHERS" market cap (all altcoins excluding the top 10) to Bitcoin, it signals when altcoins are nearing their cycle peaks and may be due for a decline. This is a good indicator to use for smaller altcoins outside of the top 10 by marketcap. Designed to be used on the daily timeframe.
⭐ YouTube: Money On The Move
⭐ www.youtube.com
⭐ Crypto Patreon: www.patreon.com
👉 HOW TO USE: Historically, when the white line touches or crosses the red line, it has signaled that the top of the altcoin market cycle is approaching, making it an ideal time to consider exiting altcoins before a potential decline. While the primary focus is on smaller altcoins, this tool can also be useful for larger coins by identifying trends and shifts in market dominance. The indicator uses a predefined threshold tailored for smaller altcoins as a key signal for an exit strategy.
Disclaimer: As with all indicators, past performance is not indicative of future results. Cryptocurrency trading involves significant risk and can result in the loss of your investment. This indicator should not be considered as financial advice, nor is it a recommendation to buy or sell any financial asset. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Trading cryptocurrencies is speculative and inherently volatile, and you should only trade with money you are willing to lose.
BBSS+This Pine Script implements a custom indicator overlaying Bollinger Bands with additional features for trend analysis using Exponential Moving Averages (EMAs). Here's a breakdown of its functionality:
Bollinger Bands:
The script calculates the Bollinger Bands using a 20-period Simple Moving Average (SMA) as the basis and a multiplier of 2 for the standard deviation.
It plots the Upper Band and Lower Band in red.
EMA Calculations:
Three EMAs are calculated for the close price with periods of 5, 10, and 40.
The EMAs are plotted in green (5-period), cyan (10-period), and orange (40-period) to distinguish between them.
Trend Detection:
The script determines bullish or bearish EMA alignments:
Bullish Order: EMA 5 > EMA 10 > EMA 40.
Bearish Order: EMA 5 < EMA 10 < EMA 40.
Entry Signals:
Long Entry: Triggered when:
The close price crosses above the Upper Bollinger Band.
The Upper Band is above its 5-period SMA (indicating momentum).
The EMAs are in a bullish order.
Short Entry: Triggered when:
The close price crosses below the Lower Bollinger Band.
The Lower Band is below its 5-period SMA.
The EMAs are in a bearish order.
Trend State Tracking:
A variable tracks whether the market is in a Long or Short trend based on conditions:
A Long trend continues unless conditions for a Short Entry are met or the Upper Band dips below its average.
A Short trend continues unless conditions for a Long Entry are met or the Lower Band rises above its average.
Visual Aids:
Signal Shapes:
Triangle-up shapes indicate Long Entry points below the bar.
Triangle-down shapes indicate Short Entry points above the bar.
Bar Colors:
Green bars indicate a Long trend.
Red bars indicate a Short trend.
This script combines Bollinger Bands with EMA crossovers to generate entry signals and visualize market trends, making it a versatile tool for identifying momentum and trend reversals.
The JewelThe Jewel is a comprehensive momentum and trend-based indicator designed to give traders clear insights into potential market shifts. By integrating RSI, Stochastic, and optional ADX filters with an EMA-based trend filter, this script helps identify high-conviction entry and exit zones for multiple trading styles, from momentum-based breakouts to mean-reversion setups.
Features
Momentum Integration:
Leverages RSI and Stochastic crossovers for real-time momentum checks, reducing noise and highlighting potential turning points.
Optional ADX Filter:
Analyzes market strength; only triggers signals when volatility and directional movement suggest strong follow-through.
EMA Trend Filter:
Identifies broad market bias (bullish vs. bearish), helping traders focus on higher-probability setups by aligning with the prevailing trend.
Caution Alerts:
Flags potentially overbought or oversold conditions when both RSI and Stochastic reach extreme zones, cautioning traders to manage risk or tighten stops.
Customizable Parameters:
Fine-tune RSI, Stochastic, ADX, and EMA settings to accommodate various assets, timeframes, and trading preferences.
How to Use
Momentum Breakouts: Watch for RSI cross above a set threshold and Stochastic cross up, confirmed by ADX strength and alignment with the EMA filter for potential breakout entries.
Mean Reversion: Look for caution signals (RSI & Stoch extremes) as early warnings for trend slowdown or reversal opportunities.
Trend Continuation: In trending markets, rely on the EMA filter to stay aligned with the primary direction. Use momentum crosses (RSI/Stochastic) to time add-on entries or exits.
Important Notes
Non-Investment Advice
The Jewel is a technical analysis tool and does not constitute financial advice. Always use proper risk management and consider multiple confirmations when making trading decisions.
No Warranty
This indicator is provided as-is, without warranty or guarantees of performance. Traders should backtest and verify its effectiveness on their specific instruments and timeframes.
Collaborate & Share
Feedback and suggestions are welcome! Engaging with fellow traders can help refine and adapt The Jewel for diverse market conditions, strengthening the TradingView community as a whole.
Happy Trading!
If you find this script valuable, please share your feedback, ideas, or enhancements. Collaboration fosters a more insightful trading experience for everyone.
Venta's DikFat Spread Visualizer & Dynamic Options Chain
**Venta's DikFat Spread Visualizer and Options Chain Strike Scanner** is a powerful trading tool designed to give users an immediate view of the nearest options strikes relative to the current price of the underlying asset. This script dynamically displays a selected number of call and put options strikes from the **options chain**, visualizing them directly on the chart for better decision-making.
By default, the script shows options strikes for the current chart’s price, but users have the flexibility to extend the view to include strikes on the opposite side of the market. The available options allow you to show either 3, 6, or 9 strikes on either side of the current price level.
This tool is essential for options traders who want to track strike prices in relation to the underlying asset's price movements. It provides key visual clues such as strike price distributions, volatility, and potential areas of market basing—all in a customizable and user-friendly interface.
---
█ CONCEPTS
This script pulls real-time **options strikes** directly from the **options chain**, providing traders with the ability to see call and put strikes as dynamic price markers on their chart. The concept revolves around understanding the proximity and distribution of strikes based on the current price and market conditions.
Key Features
**Dynamic Options Strike Display**: The script automatically identifies and displays the options strikes closest to the current market price of the underlying asset.
**Customizable Strike Range**: Choose between 3, 6, or 9 strikes on either side of the current price, giving flexibility in visualizing different strike ranges.
**Current Chart Focused by Default**: When added to the chart, the script focuses on the strikes closest to the current price. However, users can opt to include strikes on the opposite side of the market for a broader view.
**Instant Market Context**: The displayed
strikes offer a snapshot of the options market and how the current price relates to potential option expiration levels, helping traders understand key zones.
**Visual Clues on Spreads & Volatility**: This script not only displays the strikes but also provides instant visual clues that reflect the volatility and spread of the options market.
---
█ HOW IT WORKS
The script operates by accessing the **options chain** for the underlying asset, identifying the nearest call and put strikes, and plotting them as visual markers on the chart. This real-time strike data is dynamic, adjusting automatically as the market price moves.
Strike Calculation
The script uses the current price of the underlying asset as a base point and calculates the nearby **options strikes** from the **options chain**.
Depending on the user's settings, the script will plot up to 9 strikes on either side of the price level.
This calculation is performed using live market data, making sure the plotted strikes always reflect the most current market conditions.
Visual Clues
**Spreads**: The space between the plotted call and put options strikes provides immediate insights into the current bid/ask spreads. If the spread between strike prices is wide, it suggests increased volatility or a higher level of uncertainty in the market. Conversely, narrow spreads often indicate market stability or a lack of price movement.
**Market Basing**: When options strikes form a concentrated group near a certain price level, it can indicate that the market is building up or basing at a key level. This might signal the potential for a breakout or a reversal.
**Volatility Insights**: Wider gaps between strikes, particularly on the call side versus the put side (or vice versa), can indicate an imbalance in options trading activity, often a reflection of higher volatility expectations. This visual clue can help traders assess when the market is pricing in significant movements.
Customization and User Settings
**Number of Strikes**: The number of options strikes shown is fully customizable, allowing users to display 3, 6, or 9 strikes on either side.
**Show Opposite Strikes**: By default, the script shows strikes on the current side of the market, but users can enable the option to show strikes on the opposite side to gain a more complete view of the market's options landscape.
**Strike Colors & Width**: Customize the visual appearance of the plotted strikes by adjusting the color and line width for better clarity and chart aesthetics.
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█ POTENTIAL USE CASES
This indicator is especially valuable for **options traders**, **market analysts**, and anyone interested in gaining insights into the underlying options market. Here are some of the key use cases:
**Options Traders**: Quickly identify the nearest strike prices and understand the risk/reward potential for options positions. The ability to customize the number of strikes shown allows traders to focus on the most relevant price levels.
**Volatility Monitoring**: Use the visual clues from the spread between strike prices to assess the level of volatility in the options market. A wider spread suggests that options traders are expecting more significant price moves, while a narrow spread indicates less expected movement.
**Support and Resistance Identification**: The clustering of strike prices on one side of the market can indicate a potential support or resistance level. By monitoring these levels, traders can get a sense of where the market may reverse or consolidate.
**Market Sentiment Analysis**: A large concentration of call strikes above the current price level, or put strikes below, can be an indication of market sentiment, such as whether traders are generally bullish or bearish.
**Risk Management**: By tracking nearby options strikes, traders can adjust their strategies to minimize risk, especially when market price levels approach significant strike points.
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█ FEATURES
**Real-Time Data**: The script pulls data from the **options chain**, ensuring that the plotted strikes are always up-to-date with the current market price.
**User-Friendly Interface**: Clear and customizable inputs allow users to easily adjust the number of strikes displayed and control visual settings such as colors and line widths.
**Visual Strike Indicators**: Instantly spot volatility, market basing, and spread imbalances through visual clues from the plotted strikes, enhancing your market analysis.
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█ LIMITATIONS
**Accuracy Depends on Market Data**: This indicator relies on the available **options chain** data. While the data is updated in real-time, its accuracy may depend on the liquidity and availability of options contracts in the market.
**Not Suitable for Non-Options Traders**: If you don’t trade options, the relevance of this indicator may be limited as it is designed specifically to provide insight into the options market.
**Data Delays**: In fast-moving markets, there may be a slight delay in the updating of strike prices, depending on the data feed.
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█ HOW TO USE
**Load the Script**: Add the **Venta's DikFat Spread Visualizer and Options Chain Strike Scanner** script to your TradingView chart.
**Adjust Settings**: Use the input options to select the number of strikes you want to display (3, 6, or 9). You can also choose whether to display only the current chart’s strikes or include strikes from the opposite side.
**Interpret the Strikes**: Look at the plotted strikes to gain insights into where the market is currently pricing options and where major strike prices are located. Pay attention to the spreads, concentrations, and volatility signals.
**Monitor the Market**: As the market moves, watch how the strikes shift and cluster, providing you with real-time information about market sentiment and potential volatility.
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█ THANKS
We would like to extend our gratitude to the PineCoders community for their ongoing support and contributions to the TradingView Pine Script ecosystem. Special thanks to The Options Team.
Simple Pullback StrategyThe Simple Pullback Strategy is a TradingView Pine Script strategy designed for traders seeking systematic entry and exit points in trending markets. This strategy identifies potential pullback opportunities by analyzing the relationship between two moving averages on a fixed timeframe. Key features include user-defined parameters for flexibility, built-in risk management with stop-loss functionality, and customizable time filters.
Key Features :
Moving Average Setup :
Combines a long-term moving average (e.g., 200-period) and a short-term moving average (e.g., 10-period) to identify pullbacks.
Dynamic Entry Conditions :
Triggers long entries when the price is above the long-term MA but dips below the short-term MA during a specified time window.
Risk Management :
Includes a failsafe stop-loss mechanism, configurable as a percentage of the entry price, to protect against significant drawdowns.
Customizable Time Filter:
Allows users to define specific time periods for analyzing and trading setups, improving the strategy's precision.
Exit Condition s:
Automatically closes positions either when the price rises above the short-term MA or when the stop-loss threshold is hit. Optionally, the strategy can wait for a lower close before exiting.
Input Parameters:
MA Lengths : Adjustable periods for the long-term and short-term moving averages.
Stop Loss Percent : Configurable percentage-based stop-loss level.
Exit On Lower Close : An optional setting to wait for confirmation before exiting trades.
Time Filters : Start and end times to control the active trading window.
Visual Indicators :
Plots the long-term and short-term moving averages for reference.
Highlights the entry price and stop-loss level on the chart with green and red lines, respectively.
This strategy is ideal for traders who want to take advantage of pullbacks in trending markets while maintaining strong risk management controls.
Custom ATR + RSI with ColorsHow It Works:
ATR Indicator:
ATR is calculated based on the selected smoothing method (RMA, SMA, or EMA).
The ATR line changes color dynamically based on whether it is above or below the user-defined threshold.
A horizontal dotted line marks the threshold level.
RSI Indicator:
RSI is calculated with the chosen smoothing method (SMA or EMA).
The line changes color dynamically based on its value relative to the four user-defined levels.
Includes a middle line (default: 50) to show the neutral RSI zone, displayed as a dashed line.
Custom Timeframes:
Both ATR and RSI can be configured to use the chart’s current timeframe or any custom interval.
How to Use:
Input Parameters:
Adjust ATR and RSI calculation settings, thresholds, levels, and colors in the input menu.
Visualization:
Observe ATR and RSI together on one chart with distinct colors and levels.
Analysis:
Use this combined indicator to identify volatility (ATR) and momentum (RSI) at the same time.
Detecting Sideways Market or Strong Trends| Copy Trade Tungdubai**Tool Description**:
The **"Detecting Sideways Market or Strong Trends | Copy Trade Tungdubai"** tool is designed to help traders identify two key market conditions:
1. **Sideways Market**:
- This condition is detected when the ADX is below 20, the price stays within the Bollinger Bands, and the RSI is between 45 and 55.
- When the market is sideways, the chart background will turn yellow as a visual alert.
2. **Strong Trend Market**:
- This condition is identified when the ADX is above 25, and either the price breaks out of the Bollinger Bands or the RSI surpasses the overbought (70) or oversold (30) levels.
- When the market is in a strong trend, the chart background will turn blue as a visual alert.
**Key Components of the Tool**:
- **ADX**: Measures the strength of the market trend, with key thresholds at 20 and 25.
- **Bollinger Bands**: Helps determine volatility and checks if the price is within or outside the bands.
- **RSI**: Measures momentum, helping identify overbought and oversold levels.
**Visual Features on the Chart**:
- ADX, RSI, and Bollinger Bands are clearly plotted with their respective key thresholds for easier recognition of market conditions.
- The chart background changes color to reflect the current market condition (yellow for sideways, blue for strong trends).
**Alerts**:
- Alerts are triggered when the market enters either a sideways or strong trend phase, providing notifications to help users act promptly.
This tool serves as a practical aid in recognizing market conditions, allowing traders to make informed decisions aligned with their strategies.
**Mô tả công cụ**:
Công cụ **"Detecting Sideways Market or Strong Trends | Copy Trade Tungdubai"** được thiết kế để giúp các nhà giao dịch xác định hai trạng thái chính của thị trường:
1. **Thị trường đi ngang (Sideways)**:
- Điều kiện được xác định dựa trên chỉ số ADX thấp hơn ngưỡng 20, giá nằm trong dải Bollinger Bands, và chỉ số RSI dao động trong khoảng từ 45 đến 55.
- Khi thị trường đi ngang, nền của biểu đồ sẽ chuyển sang màu vàng để cảnh báo trực quan.
2. **Thị trường bùng nổ sóng mạnh (Strong Trend)**:
- Điều kiện được xác định khi ADX vượt qua ngưỡng 25 và giá phá vỡ dải Bollinger Bands (hoặc) chỉ số RSI vượt ngưỡng quá mua 70 hoặc quá bán 30.
- Khi thị trường bùng nổ sóng mạnh, nền biểu đồ sẽ chuyển sang màu xanh để cảnh báo trực quan.
**Các thành phần chính của công cụ**:
- **ADX**: Được sử dụng để đo sức mạnh xu hướng thị trường, với các ngưỡng quan trọng là 20 và 25.
- **Bollinger Bands**: Được sử dụng để xác định mức độ biến động và kiểm tra giá nằm trong hay ngoài dải.
- **RSI**: Dùng để đo mức độ quá mua/quá bán, xác định động lượng giá.
**Hiển thị trên biểu đồ**:
- Các đường ADX, RSI, và Bollinger Bands được vẽ rõ ràng, cùng với các ngưỡng quan trọng (hỗ trợ nhận biết trạng thái thị trường).
- Nền biểu đồ thay đổi màu sắc tương ứng với điều kiện thị trường.
**Cảnh báo**:
- Cảnh báo sẽ được kích hoạt khi thị trường rơi vào trạng thái đi ngang hoặc bùng nổ sóng mạnh, với các thông báo giúp người dùng hành động kịp thời.
Công cụ này là một trợ thủ hữu ích trong việc nhận biết trạng thái thị trường, từ đó giúp các nhà giao dịch đưa ra quyết định phù hợp với chiến lược của mình.
BELIKENOOTHER34 EMA BULL BEAR COLOUREste indicador sirve de confirmación cuando mi indicador principal me dice en que sentido debo entrar a mercado, la combinación de mis 3 indicadores me da una gran probabilidad de entradas exitosas
Custom Trend TableManual input of trend starting with Daily Time frame, then H4 and H1.
If Daily and H4 are the same trend we can ignore H1 trend (N/A).
M15 Buy or Sell comes automatically depending on what the higher time frame trends are.
If Daily and H4 are bearish, then we look for Selling opportunities on M15.
If Daily and H4 are bullish, then we look for Buying opportunities on M15.
If Daily and H4 are different trends, then H1 trend will determine M15 Buy or Sell.
Works for up to 4 pairs / Symbols. If you need more, just add the indicator twice and on the second settings, move the placement of the table to a different location (Eg: Top, Middle) so you can see up to 8 Symbols. Repeat this process if required.
Min/Max of Last 4(N) Candles Track previous 4 candles high and low. Green line is the previous 4 candle's highest high, and Red line is the the previous 4 candle's lowest low.
If the current candle break the Green line, and close as a bullish candle, the green line will stop painting, and a red line will appear, you can try to go long and stop loss will be the red line.
If the current candle break the red line and close as a bearish candle, the red line will stop paining, and a green line will appear, you can try to go short and stop loss will be the green line.
However you should not just automatically place the buy or sell stop order at the line, because unless the trend is super strong, there could some level of consolidation and fake out.
You should use this indicator after assess ing the market condition, and your trading size and product.
If the trend is super strong, you will likely catch a really big move without hitting stop loss and with minimal drawdown.
