📈 Pro EMA/SMA Buy Sell (Clean & Glowing) 📈 Pro EMA/SMA Buy Sell
This indicator plots a crossover-based buy/sell signal system using:
- A fast Exponential Moving Average (EMA)
- A slower Simple Moving Average (SMA)
🔹 BUY Signal: When EMA crosses above SMA
🔹 SELL Signal: When EMA crosses below SMA
Features:
✅ Clean glowing lines for EMA and SMA
✅ Transparent glowing BUY (green) and SELL (red) labels
✅ Real-time alert conditions for automated strategy triggers
Ideal for:
- Intraday and Swing Traders
- Beginners looking for trend-based signals
- Chart setups requiring minimal noise but powerful visuals
Analisis Gelombang
🔥 Volatility Squeeze Breakout Strategy (TP/SL in Points)This strategy is designed to catch explosive breakout moves from low-volatility consolidations using a "volatility squeeze" + breakout + momentum" approach. It identifies high-probability buy opportunities when the market is in a tight range and preparing for expansion.
✅ Entry Condition:
- Previous candle is in a squeeze
- Current candle breaks above channel high
- Momentum is positive (ROC)
🎯 Exit Conditions:
- Take Profit in fixed points above entry price
- Stop Loss in fixed points below entry price
🧰 Inputs:
- ATR Length for volatility
- Channel Length for breakout levels
- ROC Length for momentum
- Squeeze threshold (ATR/close)
- TP/SL in absolute price points
📊 Plots:
- Buy signals shown as green triangles
- Channel high/low plotted
- TP/SL levels shown as live lines when in position
Suitable for intraday breakout scalping or directional trades
when price expands from compression zones.
Raschke 2-Period ROC PivotThis is based on Taylor Trading Technique . 2 Period ROC pivot. Acknowledgement credits to Linda and Douglas.
Scalping - (PO3) [Custom]The Only Time-Based Phase Detection Indicator with Smart Signal Filtering
This proprietary tool identifies institutional trading phases (Accumulation/Manipulation/Distribution) on ultra-short timeframes, generating high-precision signals only when strict candle-pattern conditions are met.
Key Innovations
✔ Time-Based Phase Logic: Isolates institutional trading windows (NY time)
✔ Two-Candle Confirmation: Eliminates some false signals vs traditional breakouts
✔ Self-Cleaning Labels: Auto-removes expired signals to reduce chart clutter
Premium Features
Customizable session times for global markets
Live Discord alerts with phase-change notifications
Monthly pattern-recognition updates
Why This Code is Unique
- Dynamic Box Drawing: Auto-resizes phase boxes as new extremes are established
- Context-Aware: Won’t fire if price action doesn’t meet strict criteria
- Highly sensitive for crypto
Credit for Inspiration
Concept based on Wyckoff’s market cycle theory, adapted for algorithmic scalping.
Justification for Invite-Only Status
This indicator is offered as an Invite-Only script under PineAlpha Premium
Legal Disclaimer
This indicator is for educational purposes only and not financial advice. Trading involves high risk, and you may lose your capital. PineAlpha is not responsible for losses. Consult a financial advisor before trading.
Wavelet Filter with Adaptive Upsampling [BackQuant]Wavelet Filter with Adaptive Upsampling
The Wavelet Filter with Adaptive Upsampling is an advanced filtering and signal reconstruction tool designed to enhance the analysis of financial time series data. It combines wavelet transforms with adaptive upsampling techniques to filter and reconstruct price data, making it ideal for capturing subtle market movements and enhancing trend detection. This system uses high-pass and low-pass filters to decompose the price series into different frequency components, applying adaptive thresholding to eliminate noise and preserve relevant signal information.
Shout out to Loxx for the Least Squares fitting of trigonometric series and Quinn and Fernandes algorithm for finding frequency
www.tradingview.com
Key Features
1. Frequency Decomposition with High-Pass and Low-Pass Filters:
The indicator decomposes the input time series using high-pass and low-pass filters to separate the high-frequency (detail) and low-frequency (trend) components of the data. This decomposition allows for a more accurate analysis of underlying trends, while mitigating the impact of noise.
2. Soft Thresholding for Noise Reduction:
A soft thresholding function is applied to the high-frequency component, allowing for the reduction of noise while retaining significant market signals. This function adjusts the coefficients of the high-frequency data, removing small fluctuations and leaving only the essential price movements.
3. Adaptive Upsampling Process:
The upsampling process in this script can be customized using different methods: sinusoidal upsampling, advanced upsampling, and simple upsampling. Each method serves a unique purpose:
Sinusoidal Upsample uses a sine wave to interpolate between data points, providing a smooth transition.
Advanced Upsample utilizes a Quinn-Fernandes algorithm to estimate frequency and apply more sophisticated interpolation techniques, adapting to the market’s cyclical behavior.
Simple Upsample linearly interpolates between data points, providing a basic upsampling technique for less complex analysis.
4. Reconstruction of Filtered Signal:
The indicator reconstructs the filtered signal by summing the high and low-frequency components after upsampling. This allows for a detailed yet smooth representation of the original time series, which can be used for analyzing underlying trends in the market.
5. Visualization of Reconstructed Data:
The reconstructed series is plotted, showing how the upsampling and filtering process enhances the clarity of the price movements. Additionally, the script provides the option to visualize the log returns of the reconstructed series as a histogram, with positive returns shown in green and negative returns in red.
6. Cumulative Series and Trend Detection:
A cumulative series is plotted to visualize the compounded effect of the filtered and reconstructed data. This feature helps traders track the overall performance of the asset over time, identifying whether the asset is following a sustained upward or downward trend.
7. Adaptive Thresholding and Noise Estimation:
The system estimates the noise level in the high-frequency component and applies an adaptive thresholding process based on the standard deviation of the downsampled data. This ensures that only significant price movements are retained, further refining the trend analysis.
8. Customizable Parameters for Flexibility:
Users can customize the following parameters to adjust the behavior of the indicator:
Frequency and Phase Shift: Control the periodicity of the wavelet transformation and the phase of the upsampling function.
Upsample Factor: Adjust the level of interpolation applied during the upsampling process.
Smoothing Period: Determine the length of time used to smooth the signal, helping to filter out short-term fluctuations.
References
Enhancing Cross-Sectional Currency Strategies with Context-Aware Learning to Rank
arxiv.org
Daubechies Wavelet - Wikipedia
en.wikipedia.org
Quinn Fernandes Fourier Transform of Filtered Price by Loxx
Note on Usage for Mean-Reversion Strategy
This indicator is primarily designed for trend-following strategies. However, by taking the inverse of the signals, it can be adapted for mean-reversion strategies. This involves buying underperforming assets and selling outperforming ones. Caution: This method may not work effectively with highly correlated assets, as the price movements between correlated assets tend to mirror each other, limiting the effectiveness of mean-reversion strategies.
Final Thoughts
The Wavelet Filter with Adaptive Upsampling is a powerful tool for traders seeking to improve their understanding of market trends and noise. By using advanced wavelet decomposition and adaptive upsampling, this system offers a clearer, more refined picture of price movements, enhancing trend-following strategies. It’s particularly useful for detecting subtle shifts in market momentum and reconstructing price data in a way that removes noise, providing more accurate insights into market conditions.
BUY/SELL PEPEUSDT 80%WINThis Pine Script strategy is designed for trading XAUUSD (Gold) with a focus on trend-following entries and ATR-based risk management. Here's how it works and how to use it effectively:
!! USE ONLY ON 3M TIMEFRAME !!
Strategy Logic
MA Crossover System:
Uses customizable moving averages (12 types including TEMA, HullMA, ALMA)
Tracks Close vs. Open price MAs for clearer trend signals
Alternate timeframe analysis for higher timeframe confirmation
Smart Risk Management:
ATR-based stops (1.5x ATR)
3-tier take profit (1x, 2x, 3x ATR) with partial closing
2% equity risk per trade (adjustable)
Flexible Trading Modes:
Long-only, Short-only or Both directions
Works on any timeframe (optimized for 15M-1H)
How To Trade It Successfully
✅ Best Market Conditions:
Trending markets (avoid choppy/ranging periods)
London/NY overlap hours (high liquidity)
Gold volatility > 1.5% daily
⚙️ Optimal Settings:
MA Type: TEMA or HullMA (8-12 period)
Alternate TF: 3x current chart TF (e.g. 45M when trading 15M)
TP/SL Ratio: 1:2 or 1:3 (adjust ATR multipliers)
📊 Trade Execution Rules:
Long Entry:
MA crossover UP + Price > MA
Confirm with RSI(14) > 50 (optional)
Short Entry:
MA crossover DOWN + Price < MA
Confirm with RSI(14) < 50 (optional)
Exit:
Let partial TP1 (1x ATR) auto-close 50%
Trail balance to TP2/TP3
⚠️ Risk Warning:
Max 2% account risk per trade
Avoid trading during major news (NFP, FOMC)
Disable during sideways markets (use ADX filter >25)
Pro Tip: Combine with 200EMA on higher timeframe for trend confirmation!
👉 Backtest shows 64% win rate with proper risk management. Always forward test before live trading!
SY_Quant_AI_Trend.1.0Strategy Name: SY_Quant_AI_Trend
Description:
This strategy provides visual trend signals based on a combination of trend indicators and technical signals, including moving averages, Supertrend, and MACD cycles. It highlights potential long and short signals and plots stop-loss reference lines to assist in trend analysis.
Important Notice:
This strategy is for visualization purposes only and does not execute any trades or simulate orders. All signals are for informational use only. Users should exercise their own judgment and risk management when making trading decisions.
1min&5min EMA + CE indicatorCombined indicator for EMA cross-pullback strategy.
In addition to that - there are buttons to turn on/off ce signal appearance limitations on time after 5min cross and ema direction match between 1min and 5min ema.
You can set a single alert for both the 5-minute EMA cross and the 1-minute CE signals simultaneously.
I find it max easy to use by adjusting the Visibility settings - switch it on only for 1min and 5min charts - it will not appear on htf charts. By doing this, you no longer need to switch on/off indicators(in this case only 1) to get clear htf charts.
Color Bar Based on Closing Range, ATR, and VolumeTight Closes with Volume Highlight is a bar coloring script that helps you spot price consolidation and potential breakout zones. It highlights bars with two key conditions:
Tight Closing Ranges based on ATR to detect compression.
Volume and Price Strength using dynamic volume comparisons to flag accumulation or interest.
Customize the bar colors to suit your chart style and use this tool to visually scan for high-potential setups with less effort.
NY ORB + Fakeout Detector🗽 NY ORB + Fakeout Detector
This indicator automatically plots the New York Opening Range (ORB) based on the first 15 minutes of the NY session (15:30–15:45 CEST / 13:30–13:45 UTC) and detects potential fakeouts (false breakouts).
🔍 Key Features:
✅ Plots ORB high and low based on the 15-minute NY open range
✅ Automatically detects fake breakouts (price wicks beyond the box but closes back inside)
✅ Visual markers:
🔺 "Fake ↑" if a fake breakout occurs above the range
🔻 "Fake ↓" if a fake breakout occurs below the range
✅ Gray background highlights the ORB session window
✅ Designed for scalping and short-term breakout strategies
🧠 Best For:
Intraday traders looking for NY volatility setups
Scalpers using ORB-based entries
Traders seeking early-session fakeout traps to avoid false signals
Those combining with EMA 12/21, volume, or other confluence tools
AGIThe All Global Indicator is an advanced composite oscillator that combines 15+ technical indicators into a single, powerful momentum and trend analysis tool. This indicator normalizes and weights multiple oscillators to provide a comprehensive view of market conditions across different timeframes and analysis methods.
Key Features
Multi-Indicator Fusion
Momentum Oscillators: RSI, Stochastic, ROC, Momentum, Chande MO
Volume-Based: Money Flow Index, Klinger Oscillator, Chaikin Money Flow, Accumulation/Distribution
Price Action: Vortex Indicator, Fisher Transform, Ease of Movement, Detrended Price Oscillator
Advanced Components: SMI Ergodic Oscillator, Custom P-Line (Bull/Bear Pressure), Custom S-Line (MACD-RSI)
Normalization & Weighting
All indicators converted to 0-100 scale using RSI transformation
Intelligent weighting system with customizable main multiplier (default 16x)
Adaptive volume calculation for enhanced accuracy
Visual Interface
Scale: 0-100 (RSI-like format)
Overbought Level: 75 (customizable)
Oversold Level: 25 (customizable)
Color Coding: Dynamic lime/white coloring based on trend direction and momentum
Midline: 50 level for trend bias determination
Trading Applications
Signal Generation
Overbought Conditions: Values above 75 suggest potential selling opportunities
Oversold Conditions: Values below 25 suggest potential buying opportunities
Trend Confirmation: Values above 50 indicate bullish bias, below 50 bearish bias
Momentum Shifts: Color changes signal potential trend reversals
Advanced Analysis
Divergence Detection: Compare indicator peaks/troughs with price action
Multi-Timeframe Analysis: Use across different timeframes for confluence
Risk Management: Extreme readings help identify low-risk entry points
Customizable Parameters
Individual oscillator periods (RSI: 14, Stochastic: 14/3/3, etc.)
Main multiplier for composite weighting
Overbought/oversold threshold levels
Various source inputs (close, HLC3, HL2)
Ideal For
Swing traders seeking comprehensive momentum analysis
Day traders needing quick sentiment assessment
Multi-timeframe analysis and confluence trading
Portfolio managers requiring single-indicator market overview
Technical Specifications
Version: v1
Calculation: Real-time with historical accuracy
Performance: Optimized for minimal lag while maintaining accuracy
Compatibility: All markets and timeframes
This indicator combines the power of multiple proven technical analysis methods into one comprehensive tool, making it ideal for traders who want institutional-grade analysis without indicator clutter.
Wave Trend With SignalsBased on Wave Trend With Signals ...thx bro. Added RSI and a little of fine tuning.
Enjoy!
Wave Trend - V5Update of V4, only medium and strong signals on 4H and above time frames shown due to too much alerts produced on lower frames. Generates clear BUY/SELL signals across several timeframes comparing with BTC signals to follow the BTC trend.
Sniper Scalper ProThis strategy is ideal for traders who enjoy scalping on the 1-minute and 5-minute timeframes.
EMA CCI SSL BUY SELL Signal [THANHCONG]EMA CCI SSL BUY SELL Signal
Introduction:
The EMA CCI SSL BUY SELL Signal indicator is a comprehensive technical analysis tool designed to help traders identify trends and optimal entry and exit points with clarity and reliability. By combining reputable indicators such as EMA, CCI, SSL Channel, and RSI, this indicator generates buy and sell signals based on multiple validated factors, helping to filter noise and increase accuracy.
Key Features:
Utilizes multi-timeframe SSL channel with both automatic and manual mode options, suitable for various trading strategies.
Includes an RSI filter to minimize false signals in overbought or oversold regions.
Detects volume spikes to confirm the strength of the current trend.
Integrates CCI divergence and reversal candle patterns (Hammer, Shooting Star) to enhance signal precision in spotting potential reversals.
Displays clear buy/sell signals directly on the chart and provides a live performance table showing percentage changes.
Supports linear regression channel drawing to help users easily recognize trend direction and price volatility.
Recommended Usage:
Optimal Timeframes: Best used on 5-minute, 15-minute, 1-hour, 4-hour, 12-hour, and daily (D) timeframes. Avoid using on other timeframes to maintain signal reliability.
Signal Confirmation: Combine indicator signals with SSL channel direction and regression channel slope to improve confidence.
Combined Indicators: For enhanced effectiveness and noise reduction, it is recommended to use this indicator alongside the MCDX+RSI+SMA indicator. This combined approach provides a more comprehensive market view and supports better trading decisions.
Alerts: Users can set buy/sell alerts on TradingView to receive timely notifications when signals occur.
Important Notes:
This indicator is provided as a technical analysis aid and is not financial advice or a guarantee of profit.
Indicator performance may vary depending on market conditions and the traded asset.
Users should combine multiple tools and practice proper risk management when making trading decisions.
Thank You:
Thank you for using this indicator! If you find it useful, please consider leaving positive feedback and sharing it to help build a professional, transparent, and sustainable trading community.
Disclaimer:
The author and TradingView are not responsible for any losses resulting from the use of this indicator. Please trade responsibly and carefully consider your decisions.
Wishing you successful and safe trading!
#EMA #CCI #SSLChannel #RSI #TradingView #BuySellSignals #TechnicalAnalysis #TrendFollowing #VolumeSpike #CandlePatterns #TradingTools #Forex #Stocks #Crypto #Thanhcong
Price equilibrium between buyers and sellers [Soroush Rezaei]This indicator visualizes the dynamic balance between buyers and sellers using two simple moving averages (SMAs) based on the high and low prices.
The green line (SMA of highs) reflects the upper pressure zone, while the red line (SMA of lows) represents the lower support zone.
When price hovers between these two levels, it often signals a state of temporary equilibrium — a consolidation zone where buyers and sellers are relatively balanced.
Use this tool to:
Identify ranging or balanced market phases
Spot potential breakout or reversal zones
Enhance your multi-timeframe or price action strategy
Recommended for intraday and swing traders seeking visual clarity on market structure and momentum zones.
AMD Setup - Full (Long + Short) ICT ModelICTSNIPERKILLS!
Accumulation, Manipulation, Distribution (AMD) Script!
1. Clarifies Structure: Accumulation, Manipulation, Distribution (AMD)
The script visualizes the AMD framework:
Accumulation → Price ranges inside Initial Balance (IB).
Manipulation → Liquidity sweep above IB High or below IB Low.
Distribution → Market Structure Shift (MSS) confirms a directional move.
This gives you a narrative structure for each session, helping you avoid random trades.
🧠 2. Filters Out Noise with MSS Confirmation
It waits for:
A liquidity sweep (manipulation),
Followed by a market structure shift (MSS),
And then confirms an entry only after a candle closes beyond structure.
This structure:
Reduces false signals,
Improves trade timing,
Helps you align with smart money delivery.
🕘 3. Focuses on the Right Time Window (Initial Balance)
You only engage after the 10:30 AM EST close, once the Initial Balance is formed.This aligns with ICT's focus on:
Killzones (like 9:30–11:00),
Avoiding early overtrading,
Letting the market tip its hand first (through sweeps + MSS).
This timing logic supports discipline and consistency.
🟢🔴 4. Marks Entries with Risk/Reward Guidance
It plots:
AMD SHORT / LONG entries after MSS + candle confirmation,
Basic TP and SL visual markers using a static risk-reward (2:1),
Optional Fair Value Gaps (FVGs) for refinement zones.
While static, these help plan trades visually and frame targets quickly, especially if you're scalping or trading micro futures like MNQ.
📈 5. Alerts You in Real Time
Instead of manually watching:
You'll get alerts when sweeps or MSS setups appear.
You can stay focused during the killzone or walk away and return when signals trigger.
This supports patience and alert-based discipline.
💡
You already:
Use 15M/1M execution,
Wait for ERL or HOD/LOD sweeps,
Look for MSS + CISD,
Trade in killzones only,
Target 50–62–70% Fibs with SMT/FVG confluence.
This script:✅ Automates sweep + MSS detection✅ Plots AMD-based entries visually✅ Simplifies your killzone execution✅ Helps avoid FOMO by filtering setups✅ Keeps your journal entries clean with structure
FSVZO | QuantumResearch🔊 FSVZO | QuantumResearch
Fourier Smoothed Volume Zone Oscillator
A proprietary hybrid oscillator blending momentum and frequency domain analysis
🧠 What Makes It Unique?
FSVZO introduces a novel approach to the classic Volume Zone Oscillator (VZO) by incorporating Discrete Fourier Transform (DFT) into both price and volume streams before calculating the VZO. This technique extracts the dominant frequency components from the market, resulting in a more stable and noise-filtered signal.
This hybrid approach of signal processing + volume-based trend detection sets it apart from traditional oscillators that only operate in the time domain.
⚙️ Core Concepts:
📈 Volume Zone Oscillator (VZO):
Built on a directional volume engine that emphasizes bullish/bearish pressure via smoothed volume flows.
🔍 Fourier Transform Layer:
A Discrete Fourier Transform is applied to the most recent price and volume arrays to isolate dominant cyclic components and suppress noise.
🧠 Trigger Line Comparison:
A smoothed EMA of the oscillator is used as a signal line for crossovers, highlighting momentum shifts.
🔍 Key Features:
✅ Fourier-Decomposed Source Data
✅ Adaptive Smoothing of the Signal Line
✅ Color-coded Trend Conditions
✅ Customizable Thresholds for Overbought/Oversold Regions
✅ Background Fill Zones for Visual Context
✅ Bar Color Overlays to Track Signal Transitions
📌 How to Use It:
When FSVZO > Trigger Line, bullish volume momentum dominates (green bars).
When FSVZO < Trigger Line, bearish volume momentum dominates (red bars).
Use ±60/90 zones as overbought and oversold thresholds.
Great for momentum confirmation, mean-reversion plays, and early trend detection when used with price action or moving averages.
⚠️ Designed For:
Momentum traders looking for a volume-aware oscillator
Analysts seeking signal stability through frequency filtering
Traders wanting a modern, noise-reduced alternative to RSI/MFI/VZO
⚠️ Disclaimer:
This script is for educational and research purposes only.
Past performance does not guarantee future results.
Always confirm with other indicators, price structure, and risk management.
ZigZag ProZigZag Pro is a precise market structure indicator that automatically detects two independent ZigZag patterns and highlights breakouts whenever significant highs or lows are breached.
The indicator calculates two separate ZigZag structures in real time. ZigZag1 captures the broader market swings and is ideal for trend or swing trading. ZigZag2 is optional and reacts more quickly – perfect for intraday or scalping setups. Both layers are fully customizable in terms of depth, color, and line width.
What makes this tool especially useful: whenever a previous swing high (for long trades) or swing low (for short trades) is broken, the indicator draws a horizontal breakout line on the chart. This makes it easy to spot structural breakouts and take advantage of potential momentum moves.
ZigZag Pro is designed for traders who rely on clean, rule-based market structure — whether you're trading classic breakouts, smart money concepts, or simply want a clearer view of trend shifts. The visuals are minimal, responsive, and suitable for any timeframe.
Visual ProwessVisual Prowess: Ultimate Visual of Price Action Indicator
Overview
Visual Prowess is a Pine Script indicator that integrates Trend, Momentum, Strength/Weakness, Money Flow, and Volatility into a single, intuitive interface. Scaled from 0 to 100, it provides traders with clear bullish (>50) and bearish (<50) zones. Visual Prowess is made up of several data components which will be explained below. All these components have custom thresholds that lead to Green Dot Buy Signals and Red Dot sell signals. Designed for multi-timeframe analysis, it helps traders anticipate market moves with precision seeing behind the scenes of price action.
The fundamental inputs of price action are made up of different variables -- the components of Trend Strength, Volatility, Momentum, Money Flow/Volume and Overbought/Oversold. These are very important inputs market makers use. From what I've learned in my trading journey (always still learning), this is the data I value most important. This is why I combined all these components into one indicator.....to be an ultimate visual—this extrapolation of different pieces of data is the Visual Prowess.
What It Does
Visual Prowess combines five key market factors into a unified score (0-100) to assess market conditions by examining the price action like an x-ray aka Visual Prowess:
• Trend Direction & Strength (Green and Red Wave) : Identifies bullish (green clouds) or bearish (red clouds) trend. This data is designed to illustrate the trend by the color, and its strength by the height (score).
How it is Calculated = Data is derived from price action-- comparing the current and previous price highs and lows to measure the strength of upward (+) or downward (-) price movements, smoothed over a period and expressed as a percentage of the price range.
• Momentum (Blue and White Wave): Tracks price acceleration via a custom momentum oscillator, displayed as blue (positive) or white (negative) waves.
How it is Calculated = Data is calculated by subtracting a longer-term exponential moving average from a shorter-term exponential moving average to measure momentum and trend direction. Momentum strength is measured by height on 0-100 score, and color dictates the trend-- Blue up, White down.
• Strength Index (Purple Line): Measures overbought/oversold conditions with a normalized index, derived from price deviation.
How it is Calculated = Strength Index is calculated by comparing the average of price gains to the average of price losses over a specified period, expressed as a value between 0 and 100 to measure momentum and identify overbought or oversold conditions.
• Money Flow: Monitors capital inflows and outflows using a modified Money Flow Index, shown as green (buying) or red (selling) circles.
How it is Calculated = The Money Flow is calculated by using price and volume data to measure buying and selling pressure, comparing positive and negative money flow over a specified period to produce a value between 0 and 100, indicating overbought or oversold conditions and more importantly where the money is moving, + or -.
• Volatility: Gauges market volatility, marked by colored crosses (blue for low, red for high). Blue illustrates low volatility which is key for big moves either + or -; red to illustrate when price action is extremely overheated either + or -.
How it is Calculated = The volatility is calculated by the creator of the BBWP The_Caretaker. This excellent work is calculated using the width of the iconic indicator the Bollinger Bands (the difference between the upper and lower bands divided by the middle band (the moving average), expressed as a percentage to show how volatile the price is relative to its recent average.
Originality
Unlike traditional multi-indicator dashboards, Visual Prowess uses a combination of specific open-source indicators which I believe to be the most important inputs in price action-- trend, momentum, strength, money flow, and volatility into an all-in-one visual ratioed on a 0-100 scale. This unique synthesis of data reduces noise, prioritizes signal alignment, and a look behind the scenes of price action to see deeper into the movement – This combination of indicators has custom thresholds, when these components in alignment with each other hit certain parameters; it leads to key custom price action signals -- Green Dot Buy and Red Dot Sell signals.
There is also a bonus indicator….. a Yellow Triangle. When you see this, it is rare and strong. It only prints when strength index reaches extreme lows at the same time volatility reaches extreme highs…. It then waits to print the yellow triangle upon a third condition= which is price action is back in bullish/positive zone. This Yellow triangle is meant to be strong reversals of Macro Trend lows.
How to Use the Visual Prowess Components:
• Add to Chart: Apply Visual Prowess to any timeframe (recommended: higher timeframes 12H, 1D, 2D, 3D for optimal signals).
• Interpret Zones: Values >50 indicate bullish conditions (green background); <50 signal bearish conditions (red background).
Wait for Green Dot Buy signal for buys and Red Dot Sell signals for sells. One can read each component individually to gauge the price action and predict before the buy signal prints; all of those components merged together is what leads to the buy and sell signals. The story of what’s to come can be seen at lower timeframes before the higher timeframes print, that is a key way to gauge projections of bull or bear prints to come.
HOW TO READ EACH DATA COMPONENT
TREND CLOUDS: Green/red clouds show trend direction; vivid colors tied to number/ score on the 0-100 scale indicate strength of the trend.
Bull Conditions
Green cloud illustrates the trend is bullish. The height is correlated to the trend’s strength—this height is also aligned with colors, more transparent green is weak, then it gets more opaque being medium strength, and the most vibrant is the strongest. How to ride the bull condition is by seeing this transformation of trend get from weak to strong, until it tops out and the wave points down losing strength which alludes to the bear condition.
Bear Conditions
Vice versa with the bear condition. Different shades of red tie into the strength of the bear trend. How to read when things are about to get bearish, is by seeing bull trend shift levels of strength (Example- medium to weak). This transition of bull strength getting weaker is the start, once it gets to weak bear it has commenced until bearish strength tops out before it begins to get weaker leading to the next bull phase.
MOMENTUM WAVES: Blue waves above 50 suggest bullish momentum; white waves below 50 warn of bearish shifts.
Bull Conditions
Good to look at flips of white wave to blue in bearish zones to see the tide turning= guaranteed bullish when safely gets above and holds above 50 zone.
Bear Conditions
Vice versa for Bearish side of this momentum wave being blue wave turning white in bullish zone aiming down to break below 50 zone to confirm bearish descent.
STRENGTH INDEX: Values >80 indicate overbought; <20 suggest oversold. Look for “Bull” or “Bear” labels for divergences.
Bull Conditions
Above 50 level is key, so seeing price action break from below 50 to above 50 is strong buy condition until it gets overbought.
Bear Conditions
Once conditions are too overbought and falling making lower lows (especially when price action is climbing or staying sideways) it is indicating strength is getting weaker. When this indicator fights 50 level and breaks down below 50 level bearish conditions are coming until it gets to an oversold level.
MONEYFLOW: Green circles signal buying pressure; red circles indicate selling.
Bull Conditions
Green circles show money flow is positive so that’s a good sign of upward price action to come, and again above 50 level is bullish conditions
Bear Conditions
Red circles show money flow is negative so that’s a bad sign of price action to come, pointing down and breaking below 50 level is no good. It can have corrections in bullish scenario keep in mind seeing red doesn’t mean trend is over z9could be in higher low scenario).
VOLATILITY: Blue crosses (<25% volatility) suggest breakout potential; red crosses (>75%) warn of overheated markets.
Bull Conditions
This is a very important indication. Big volatile moves can move either direction + or -. When all other components look positive/bullish and this is signalling blue crosses it means a big move is coming and will most likely be in the upward direction –If all other components align/lean bullish.
Another bullish scenario is when price action is down large and red crosses are forming. This indicates that the downward move is overheated (red x’s are rare). This extremely oversold condition can be great buying opportunities when volatility is hot printing red x’s.
Bear Conditions
When all other components look negative/bearish and this is signalling blue crosses it means a big move is coming and will most likely be in the downward direction –If all other components align/lean bearish.
Another bearish scenario is when price action is up large and red crosses are forming. This indicates that the upward move is overheated (red x’s are rare). This extremely overbought condition can be great selling opportunities when volatility is hot printing red x’s.
*****All these components in alignment of hitting each pertaining important threshold--is what prints the green dot and sell signals to trade by. It is not black and white; each component has a sweet spot fine tuned to be triggered through analysis of what is happening individually to each component and how it is reacting to the price action data.
EXAMPLE= Taking a look at the screenshot (Perfect Scenario)
Bullish Examination
- Taking a look at the 2-D timeframe on BTC
x>50
x= all components traveling to the bullish zone. Blue wave, Strength Index with bullish divergence accumulation, Money Flow Positive with Green Trend Wave starting, with teal low volatility cross→→→ leads to Green Dot Buy Signal print…. And the big rise speaks for itself with price action and the big mountain wave of the Green Trend Wave.
This rise leads to
↓↓↓↓
Bearish Examination
Strength Index gets really high at 80 scale, Red X’s showing extremely heated Volatility, Money Flow turning red and sloping down, Trend Wave peaking starting to roll over, Blue Momentum Wave transitioning to white, bearish divergence of price action related to Strength Index→→→ leads to Red Dot Sell Signal print… and the flush speaks for itself when all components fall below 50 level with Trend wave turning red
All this is forecasted in the data, showing weakness before weakness and showing strength before strength. It works because every single piece of important elements in data of price action is incorporated in this all-in-one indicator…. Which leads to the reasoning of me calling this indicator the Visual Prowess, for its unprecedent sharpness of visual observation.
****This is a passion script incorporating every piece of data I value important when reading a chart — to see current perspective of a chart and to help foresee future projection of direction Up or Down. Any community feedback is greatly appreciated. Ongoing work will be done on this script as new thoughts and fine tuning will continuously be done for infinity, as this is my personal go to model for data on the markets.
