Mulakan

Analisis Trend

Consolidation Range [BigBeluga]A hybrid volatility-volume indicator that isolates periods of price equilibrium and reveals the directional force behind each range buildup. Consolidation Range is a powerful tool designed to detect compression phases in the market using volatility thresholds while visualizing volume imbalance within those phases. By combining low-volatility detection with directional volume delta, it highlights where accumulation or distribution is occurring—giving traders the confidence to act when breakouts follow. This indicator is particularly valuable in choppy or sideways markets where range identification and sentiment context are key. 🔵 CONCEPTS Volatility Compression: Uses ADX (Average Directional Index) to detect periods of low trend strength—specifically when ADX drops below a configurable threshold. Range Structure: Upon a low-volatility trigger, the script dynamically anchors horizontal upper and lower bounds based on local highs and lows. Directional Volume Delta: Inside each active range, it calculates the net difference between buy and sell volume, showing who controlled the range. Sentiment Bias: A label appears in the center of the zone on breakout, showing the accumulated delta and bias direction (▲ for positive, ▼ for negative). Range Validity Filter: Only ranges with more than 15 bars are considered valid—short-lived consolidations are auto-filtered. 🔵 KEY FEATURES Detects low volatility market phases using ADX logic (crosses under "Volatility Threshold Input"). Automatically plots adaptive consolidation zones with upper and lower boundary lines. Includes dynamic midline to visualize the price average inside the range. Visual range is filled with a progressive gradient to reflect distance between highs and lows. When the range is active, the indicator accumulates volume delta (Buy - Sell volume) . Upon breakout, the total volume delta is displayed at the midpoint , providing insight into market sentiment during the consolidation phase. Filters out weak or short-lived consolidations under 15 bars. 🔵 HOW TO USE Spot ranging or compression zones with minimal effort. Use breakouts with volume delta bias to assess the strength or weakness of moves. Combine with trend-following tools or volume-based confirmation for stronger setups. Apply to higher timeframes for macro consolidation tracking . 🔵 CONCLUSION Consolidation Range now brings together volatility filtering and directional volume delta into one smart module. This hybrid logic allows traders to not only identify balance zones but also understand who was in control during the buildup—offering a sharper edge for breakout and trend continuation strategies.
Penunjuk Pine Script®
oleh BigBeluga
9
target tendance//@version=6 indicator("target tendance", "TT", overlay = true) // Trend settings st_factor = input.float(12, title="Supertrend Factor", minval=1, step=0.5, group="Trend Settings", tooltip="Multiplier for the ATR to determine Supertrend bands width. Higher values create wider bands and fewer signals.") st_atr_period = input.int(90, title="Supertrend ATR Period", minval=1, group="Trend Settings", tooltip="Number of bars used to calculate the ATR for Supertrend. Longer periods create smoother, less reactive bands.") wma_length = input.int(40, title="WMA Length", minval=1, group="Trend Settings", tooltip="Length of the Weighted Moving Average applied to the SuperTrend. Higher values create smoother, less reactive lines.") ema_length = input.int(14, title="EMA Length", minval=1, group="Trend Settings", tooltip="Length of the Exponential Moving Average applied to the WMA. Controls the final smoothness of the trend line.") //Continuation settings cont_factor = input.int(3, title="Confirmation count", minval=1, group="Rejection Settings", tooltip="Number of consecutive bars that must consolidate at the trend line before a rejection signal is generated. Higher values require more bars to confirm a trend.") // Volatility settings shw_TP1 = input.bool(true, title="Show Take Profit Levels", group="Targets", tooltip="Toggle visibility of take profit target levels on the chart.") atr_period = input.int(14, title="Volatility (ATR) period", minval=1, group="Targets", tooltip="Number of bars used to calculate the Average True Range for position sizing and targets.") sl_multiplier = input.float(5, title="Stop Loss ATR Multiplier", minval=0.1, step=0.1, group="Targets", tooltip="Multiplier applied to ATR to determine stop loss distance from entry. Higher values place stops further away.") tp1_multiplier = input.float(0.5, title="TP1 Multiplier", minval=0.1, step=0.1, tooltip="Multiple of SL distance for first take profit target.", group="Targets") tp2_multiplier = input.float(1.0, title="TP2 Multiplier", minval=0.1, step=0.1, tooltip="Multiple of SL distance for second take profit target.", group="Targets") tp3_multiplier = input.float(1.5, title="TP3 Multiplier", minval=0.1, step=0.1, tooltip="Multiple of SL distance for third take profit target.", group="Targets") volatility = ta.atr(atr_period) // Appearance settings green = input.color(#95eed6, title="Bullish Color", tooltip="Color used for bullishness", group="Appearance") red = input.color(#ff1100, title="Bearish Color", tooltip="Color used for bearishness", group="Appearance") pine_supertrend(factor, atrPeriod) => src = hl2 atr = ta.atr(atrPeriod) upperBand = src + factor * atr lowerBand = src - factor * atr prevLowerBand = nz(lowerBand ) prevUpperBand = nz(upperBand ) lowerBand := lowerBand > prevLowerBand or close < prevLowerBand ? lowerBand : prevLowerBand upperBand := upperBand < prevUpperBand or close > prevUpperBand ? upperBand : prevUpperBand = pine_supertrend(st_factor, st_atr_period) tL = ta.ema(ta.wma(math.avg(lwr, upr), wma_length), ema_length) var trend = 0 if ta.crossover(tL, tL ) trend := 1 if ta.crossunder(tL, tL ) trend := -1 var rejcount = 0 bullishrej = trend == 1 and high > tL and low < tL bearishrej = trend == -1 and high > tL and low < tL if (bullishrej or bearishrej) rejcount += 1 if ta.cross(trend, 0) or (not (bullishrej or bearishrej) and rejcount > 0) rejcount := 0 plotchar((rejcount > cont_factor and trend == 1) ? tL : na, "Bullish Rejection", "▲", location.belowbar, green, size = size.tiny) plotchar((rejcount > cont_factor and trend == -1) ? tL : na, "Bearish Rejection", "▼", location.abovebar, red, size = size.tiny) plot(tL, "Baseline", color=trend == 1 ? color.new(green, 50) : color.new(red, 50), linewidth = 2) barcolor(trend == 1 ? color.new(green, 50) : color.new(red, 50)) plotshape(ta.crossover(tL, tL ) ? tL : na, title="Bullish Trend Change", style=shape.labelup, location=location.absolute, size=size.small, color=green) plotshape(ta.crossunder(tL, tL ) ? tL : na, title="Bearish Trend Change", style=shape.labeldown, location=location.absolute, size=size.small, color=red) longSignal = ta.crossover(trend, 0) shortSignal = ta.crossunder(trend, 0) var SL = 0.0 var TP1_lvl = 0.0 var TP2_lvl = 0.0 var TP3_lvl = 0.0 var line entry_line = na var line sl_line = na var line tp1_line = na var line tp2_line = na var line tp3_line = na var label entry_label = na var label sl_label = na var label tp1_label = na var label tp2_label = na var label tp3_label = na if longSignal and shw_TP1 SL := low - volatility * sl_multiplier TP1_lvl := close + math.abs(close - SL) * tp1_multiplier TP2_lvl := close + math.abs(close - SL) * tp2_multiplier TP3_lvl := close + math.abs(close - SL) * tp3_multiplier entry_line := line.new(bar_index, close, bar_index, close, color = green, width = 3) entry_label := label.new(bar_index, close, text = "Entry ▸ " + str.tostring(close, format.mintick), style = label.style_label_left, color = green, textcolor = color.white) sl_line := line.new(bar_index, SL, bar_index, SL, color = color.new(red, 80), width = 3) sl_label := label.new(bar_index, SL, text = "✘ SL ▸ " + str.tostring(SL, format.mintick), style = label.style_label_left, color = color.new(red, 80), textcolor = color.white)
Penunjuk Pine Script®
oleh uncle_6
Smart Session SyncSmart Session Sync — Intelligent Trading Session Overlay - By 0xTheChartist Code2trade Smart Session Sync is designed to detect major reversal points and key price pivots formed on higher timeframes, particularly during high-volume periods of the day — often marking the footprints of institutional orders and whales. 🔍 Key Features: Displays standard sessions (Asian, London, New York) and allows adding custom time sessions. Offers two visualization modes: Time session table Visual session boxes plotted on the chart Auto-sync with seasonal time changes (Summer/Winter), supports Daylight Saving Time (DST) Full flexibility: Toggle table, boxes, and labels on/off Customize colors for all session elements Choose which months are considered summer/winter 💡 Suggested Use Case: Use Smart Session Sync to pinpoint critical price structures such as: Peaks and troughs of trending waves Highs/lows in Wyckoff trading ranges Liquidity sweeps or untouched liquidity zones ----------------------
Penunjuk Pine Script®
oleh TheChartist_Code2trade
1
Sniper SweepsPurpose Detect when price sweeps above recent highs (buy-side liquidity) or below recent lows (sell-side liquidity), but closes back inside the range. This is often interpreted as a stop-hunt or liquidity grab by institutional traders. Core Concepts Liquidity Sweep: When price briefly breaks a recent swing high/low (potentially triggering stop losses), but then closes back within the previous range. Buy-side Sweep: Price breaks a previous high, but closes below it. Sell-side Sweep: Price breaks a previous low, but closes above it. Summary This indicator is useful for: Identifying potential stop-hunts or liquidity grabs. Recognizing SMC trade setups around swept highs/lows. Getting alerted when significant liquidity levels are manipulated.
Penunjuk Pine Script®
oleh vsouvv
1
Supply and Demand Zones🔍 Supply and Demand Zones by The_Forex_Steward This indicator automatically identifies Supply and Demand Zones based on aggregated synthetic candles, helping traders pinpoint potential reversal or breakout levels with clarity and precision. 🧠 How It Works: This tool aggregates price data over a set number of candles (defined by the Aggregation Factor ) to create "synthetic candles" that smooth out noise and highlight significant institutional price activity. These candles are then analyzed to detect bullish or bearish order blocks , which are visualized as zones: -Demand Zones (Green) : Formed when price breaks above the high of a previous bearish synthetic candle. -Supply Zones (Red) : Formed when price breaks below the low of a previous bullish synthetic candle. These areas often represent key institutional interest where price is likely to react. ⚙️ Key Features: -Aggregation Factor : Groups candles to form larger, synthetic ones. Higher values smooth price and reduce noise. -Custom Zone Length : Define how far zones extend forward (up to 500 bars). -Mitigation Logic : Choose whether to auto-delete zones once price breaks through them. -Visual Customization : Customize zone colors and borders to suit your charting style. -Alerts : Get notified when new Supply or Demand zones are formed. 📈 How to Use It: 1. Trend Trading : Use zones as dynamic support/resistance to enter with trend pullbacks. 2. Reversals : Look for price reactions at untested zones for potential counter-trend setups. 3. Breakouts : Monitor for zone breaks that signal strong momentum or shifts in market structure. 4. Confluence : Combine with other indicators (like RSI or volume) for more robust trade setups. 🔔 Alerts: Receive alerts when new demand or supply zones are formed so you can take action in real time. ✅ Recommended Settings: For intraday trading : Use lower aggregation values (e.g., 3–5). For swing/position trading : Higher values (e.g., 6–10) may give better structure.
Penunjuk Pine Script®
oleh The_Forex_Steward
4
HTF High/Low Targets This script plots the previous Highs and Lows of the 1HR, 4HR, Daily, and Weekly timeframes. Each level is color-coded, extends across the chart, and includes labels to help you spot key areas of past support and resistance. Use this tool to: - Confirm intraday price reactions at HTF zones - Identify high-probability reversal or breakout areas - Get notified with built-in alerts when price crosses a level You can toggle each timeframe level on/off in the settings panel. Great for: - Day traders and scalpers who trade off 1-minute or 5-minute charts -Swing traders looking for confluence with HTF zones - Anyone using a multi-timeframe analysis approach Created by @mychaellesliemedia.
Penunjuk Pine Script®
oleh mychaellesliemedia
Market Structure with VD-+[RanaAlgo]The "Market Structure with VD-+ " indicator identifies key market structure levels (Higher Highs, Higher Lows, Lower Highs, Lower Lows) while analyzing volume delta (buying vs. selling pressure). It plots horizontal lines at pivot points and extends them forward for visibility. The script tracks cumulative positive and negative volume delta, resetting at a user-defined session start time. Traders can customize line styles, colors, and thickness for better visualization. The tool helps confirm trends and reversals by combining price action with volume analysis, making it useful for intraday and swing trading strategies. A dynamic label displays real-time volume delta percentages for quick reference.
Penunjuk Pine Script®
oleh RanaAlgo
Zonas con Retrocesofibonacci [Nachomixcrypto]The "Zonas con Retrocesofibonacci " Pine Script indicator for TradingView visualizes Smart Money Concepts (SMC) by displaying premium, discount, and equilibrium zones, along with a Fibonacci Golden Zone (0.50–0.786 retracement), tailored to the chart’s timeframe. Premium Zone: Red box near recent highs (trailing.top), labeled "Premium," marking overbought areas for potential selling. Customizable via premiumZoneColorInput, with toggleable borders (premiumBorderToggle). Discount Zone: Green box near recent lows (trailing.bottom), labeled "Descuento," indicating oversold areas for potential buying. Customizable via discountZoneColorInput, with toggleable borders. Equilibrium Zone: Gray box at the midpoint of recent high/low, labeled "Equilibrio," showing a neutral price area. Customizable via equilibriumZoneColorInput, with toggleable borders. Fibonacci Golden Zone: Gold box spanning 0.50 to 0.786 retracement levels from recent high to low, labeled "Zona Dorada." Includes labels for 0.50, 0.618, and 0.786 levels, though prices may be inaccurate due to continuous updates of trailing.top/trailing.bottom. Optional dashed range line connects high to low (showFiboRangeLineInput). Functionality: Zones are drawn as semi-transparent boxes from the high/low bar to the current bar, adapting to the timeframe using trailingExtremes for recent highs/lows. Fibonacci retracement uses trailing.top and trailing.bottom, with a box and labels highlighting the 0.50–0.786 range. Controlled by showPremiumDiscountZonesInput and showFiboGoldenZoneInput (both default: true). Use Case: Ideal for SMC traders identifying institutional buying/selling zones and Fibonacci-based reversal areas on higher timeframes (e.g., 1H, 4H) in liquid markets. Limitation: Fibonacci price labels may show incorrect values due to dynamic updates of trailing.top/trailing.bottom.Premium Zone: Red box near recent highs, labeled "Premium," indicating a potential selling area. Discount Zone: Green box near recent lows, labeled "Descuento," indicating a potential buying area. Equilibrium Zone: Gray box at the midpoint, labeled "Equilibrio," marking a neutral zone. Golden Zone: Gold box from 0.50 to 0.786 retracement, labeled "Zona Dorada," with additional labels for 0.50, 0.618, and 0.786 levels (e.g., "0.50--------", "0.618------", "0.786------"). Range Line: Optional dashed gold line connecting the high to the low used for Fibonacci retracement. Customization: Users can toggle zones and Fibonacci, adjust colors (premiumZoneColorInput, fiboGoldenZoneColorInput), and enable/disable borders via settings.
Penunjuk Pine Script®
oleh NachomixCrypto
1
CANX SMC Levels, Traps & MS © CanxStixTrader This indicator helps spot inducements and Smart Money Traps as well as basic support and resistance levels on your chosen time frame. Updated to include market structure to help identify valid zones and when to place your trades. Using four of the most significant points in price action 1. Breakouts 2. False Breakouts (Traps) 3. Back Checks 4. Market Structure I always go on about price action on my channels because this alone can help identify valid and invalid positions. If these three points are properly identified they can be some of the most significant points of movement in the price and bring significant gains to traders. Breakouts Breakouts can bring significant moves in price as the market swings after key levels are breached. This entry type can bring large moves and if momentum is on your side at those key levels. False Breakouts Also known as a bull trap or a bear trap, false breakouts can lead to swift and significant reversal of what looks like a key area break then becomes a large and sudden move to the opposite side. When a key level breakout fails to hold, parties entering to capitalize on the breakout can get left holding or forcing them to exit at a loss, which can double the force of pressure on the move to the opposite side. Back Checks Back checks are pull backs in trend that find middle ground to the two areas already described. Both momentum and entry price are decent, but risk is defined as a key level has flipped offering entry with stops below demand, or above supply. Market Structure Helps to identify the market direction and potential trend reversals so you have more clarity when placing your trade ----------------------------------- Combining these four methods will helps to diversify risk, understand trend development. This script helps to identify these points to traders with analysis of key levels, price structure, and trend direction. Enjoy, © CanxStixTrader Keep it simple
Penunjuk Pine Script®
oleh CanxStixTrader
Beta Tracker [theUltimator5]This script calculates the Pearson correlation coefficient between the charted symbol and a dynamic composite of up to four other user-defined tickers. The goal is to track how closely the current asset’s normalized price behavior aligns with, or diverges from, the selected group (or basket) How can this indicator be valuable? You can compare the correlation of your current symbol against a basket of other tickers to see if it is moving independently, or being pulled with the basket.... or is it moving against the basket. It can be used to help identify 'swap' baskets of stocks or other tickers that tend to generally move together and visually show when your current ticker diverges from the basket. It can be used to track beta (or negative beta) with the market or with a specific ticker. This is best used as a supplement to other trading signals to give a more complete picture of the external forces potentially pulling or pushing the price action of the ticker. 🛠️ How It Works The current symbol and each selected comparison ticker are normalized over a custom lookback window, allowing fair pattern-based comparison regardless of price scale. The normalized values from 1 to 4 selected tickers are averaged into a composite, which represents the group’s collective movement. A Pearson correlation coefficient is computed over a separate correlation lookback period, measuring the relationship between the current asset and the composite. The result is plotted as a dynamic line, with color gradients: Blue = strongly correlated (near +1) Orange = strongly inverse correlation (near –1) Intermediate values fade proportionally A highlighted background appears when the correlation drops below a user-defined threshold (e.g. –0.7), helping identify strong negative beta periods visually. A toggleable info table displays which tickers are currently being compared, along with customizable screen positioning. ⚙️ User Inputs Ticker 1–4: Symbols to compare the current asset against (blank = ignored) Normalization Lookback: Period to normalize each series Correlation Lookback: Period over which correlation is calculated Negative Correlation Highlight: Toggle for background alert and threshold level Comparison Table: Toggle and position controls for an on-screen summary of selected tickers imgur.com ⚠️ Notes The script uses request.security() to pull data from external symbols; these must be available for the selected chart timeframe. A minimum of one valid ticker must be provided for the script to calculate a composite and render correlation.
Penunjuk Pine Script®
oleh TheUltimator5
CVD VWAP (1m CVD, Daily/Weekly + EMA + WMA)🟠 CVD VWAP (1m CVD, Daily/Weekly + EMA + WMA) This custom indicator combines Cumulative Volume Delta (CVD) with a VWAP-style calculation, built on 1-minute resolution data, and includes smoothed trend analysis via EMA and WMA. 🔍 Key Features: 1-Minute CVD Calculation: Captures buying vs. selling pressure by comparing close vs. open price per minute. CVD-Based VWAP: A custom VWAP that uses CVD instead of price, reset Daily or Weekly (user-selectable). This helps identify volume-weighted mean "pressure" rather than price-weighted mean value. Smoothed Trend Lines: EMA (Exponential Moving Average): Applied to the CVD to show short-term momentum shifts. WMA (Weighted Moving Average): Highlights trend strength and sensitivity with adjustable period, thickness, and color. Flexible Visuals: Adjustable thickness for each line. Displayed in a separate pane for clear analysis, independent of price action. ⚙️ Inputs: VWAP Reset Mode: Choose between Daily or Weekly reset. EMA Period & Thickness WMA Period, Color & Thickness 🧠 Use Cases: Detect divergence between price and CVD-based VWAP. Monitor trend alignment via CVD, EMA, and WMA. Evaluate volume-driven moves, especially during session opens or key volume spikes. 💡 Ideal for traders focused on volume-based analysis, order flow insights, or those looking to enhance VWAP strategies using a more nuanced approach with CVD.
Penunjuk Pine Script®
oleh Tonsil
Bullish Volume AnomalyAnomaly is designed to spot hidden bullish accumulation before price actually breaks out, by blending a trend-aware volume measure with a volatility-adjusted price channel. Here’s how it works: First, it runs a simple ATR-based zigzag to identify the current swing direction. Volume is then signed (+ for up-trends, – for down-trends) and cumulatively summed. By converting that cumulative signed volume into a z-score over the past 480 bars, we get a sense of when buying or selling pressure is unusually strong relative to its own history. At the same time, price itself is normalized into a z-score over the same 480-bar window, and its change over that period is also tracked. These two measures—volume z-score (s) and price z-score (p)—are compared, and the indicator looks for moments when s outpaces p by at least two standard deviations (s – p > 2), while price momentum change remains low (c < 1) and the net volume is positive (s > 0). That combination flags instances where heavy buying is taking place but price hasn’t yet reacted. To define a dynamic trading zone, it plots a 288-bar EMA of price as the middle band (t2), and builds upper and lower bands around it using the average close-to-open range multiplied by a user-set factor. The lower band (t1) sits beneath the EMA by that volatility-based margin. A signal fires only when the bar’s high stays below t1—meaning price is still “sleeping” under the lower volatility boundary even as bullish volume builds up. Together, these filters home in on anomalies: strong, trend-aligned volume surges that outstrip price movement, occurring while price sits below its lower volatility band. In practice, that often marks early accumulation before a breakout. You can tweak the ATR length and multiplier for the zigzag, as well as the channel period and range factor, to suit different markets or timeframes.
Penunjuk Pine Script®
oleh mertenes3
EMA CCI SSL BUY SELL Signal [THANHCONG]📌 Introduction This is a technical indicator that combines three powerful elements to detect potential Buy/Sell signals based on: 📈 EMA (8, 21, 89) – Identifies short, medium, and long-term trends 🔄 CCI Turbo & CCI 14 – Measures short-term momentum 🔍 SSL Channel from a higher timeframe (HTF) – Detects key support and resistance zones The indicator can automatically or manually select an appropriate HTF to generate clear entry signals. ⚙️ Key Features ✅ Buy/Sell signals based on confluence of EMA, CCI, and SSL HTF cross ⏱ Multi-timeframe support for flexible analysis 📊 Real-time signal info table showing: Latest signal type Price at signal Percentage change since signal 📍 Visual labels for Buy/Sell signals directly on the chart 🧭 How to Use Add the indicator to a chart (preferably 5-minute or higher) Select HTF mode: Auto: Automatically chooses an appropriate HTF Manual: Select your own HTF (e.g. H4, D1) Watch for signal labels: Green label (Buy) = potential long opportunity Red label (Sell) = potential short opportunity Use the signal info table on the top-right to monitor live change Combine with risk management and personal trading strategy 🟪 🔥 Recommended Combo: MDCX + RSI + EMA To confirm signals and enhance reliability, pair this indicator with "MACD + RSI + EMA ", which is also available on the chart: ✅ MCDX > 0 or rising MCDX histogram → confirms bullish money flow ✅ MCDX < 0 or falling MCDX histogram → confirms bearish money flow ✅ RSI > 50 supports Buy, RSI < 50 supports Sell ❗ Avoid Buy when RSI > 70 (overbought) or Sell when RSI < 30 (oversold) This combination gives a clearer picture of trend + momentum + money flow + overbought/oversold conditions before making decisions. 🙏 Gratitude Huge thanks to the TradingView community for providing an open space to share, learn, and grow. This tool was built with the purpose of supporting traders — not for profit — and I hope it helps improve your analysis. ⚠️ Disclaimer This is a technical support tool, not financial advice. Use at your own discretion. Please test on a demo account and ensure you have a proper risk management plan in place. #EMA #CCI #SSL #MACD #RSI #Trend #Momentum #Buy #Sell #Confirmation #TradingStrategy
Penunjuk Pine Script®
oleh ThanhCong_
Heikin Ashi Engulfing Alerts + MACD📈 Heikin Ashi Engulfing Alerts + MACD This advanced indicator combines the clarity of Heikin Ashi candlesticks with the momentum power of the MACD to deliver high-quality trend reversal signals. It identifies bullish and bearish engulfing patterns on Heikin Ashi candles and confirms them only when they align with MACD momentum — improving signal reliability and filtering out weak reversals. 🔍 Key Features: ✅ Heikin Ashi Engulfing Detection Identifies strong reversal setups using Heikin Ashi candle formations: Bullish Engulfing: A green candle fully engulfs the prior red body. Bearish Engulfing: A red candle fully engulfs the prior green body. ✅ MACD Momentum Filter Adds a momentum filter to validate signals: Bullish signals require MACD line > Signal line. Bearish signals require MACD line < Signal line. 🔔 Built-in Alerts Instant alert conditions for both signal types to support automated strategies or timely decision-making. ⚙️ Best Practices: Use on higher timeframes (1H, 4H, 1D) for stronger, cleaner trend signals. Combine with volume analysis or support/resistance zones for additional confirmation. Ideal for trend reversals, pullback entries, and momentum-based swing trading.
Penunjuk Pine Script®
oleh GeekyGirl
HGDA Hany Ghazy Digital Analytics area zone'sIndicator Name: HGDA Hany Ghazy Digital Analytics area zones Description: This indicator plots several key price zones based on the highest high and lowest low over a user-defined lookback period. The plotted zones represent dynamic support and resistance levels calculated using specific ratios of the price range (High - Low), as follows: - Zone 1 (Light Red): Represents an upper resistance zone. - Zone 2 (Medium Green): Represents a medium support zone. - Zone 3 (Dark Red): Represents a lower resistance zone. - Zone 4 (Dark Green): Represents a strong support zone. Additionally, the indicator plots a yellow "Zero" line representing the midpoint price of the selected period, serving as a balance point for price action. This indicator is ideal for identifying the overall market trend, as prices typically move from the upper resistance zones (light red) downwards to the end of the wave in the lower zones (dark green). This helps traders better understand wave nature and direction. Usage: - The colored zones assist in identifying potential reversal or continuation areas. - These zones can be used to plan entries, exits, and risk management. - Default lookback period is 20 bars, adjustable in the settings to suit the timeframe. Notes: - This indicator relies on historical price data and does not guarantee market predictions. - It is recommended to combine it with other indicators and analytical tools for improved trading decisions. --- Developed by Hany Ghazy Digital Analytics (HGDA).
Penunjuk Pine Script®
oleh Hany_Elghazy