Şimdi başlat

Educational

Breakout Trading with RSI and ATR Enhancements 2.0 MENATitle: Breakout Trading with RSI and ATR Enhancements Description: This script combines key technical analysis tools, including RSI, ATR, and moving averages, to provide breakout trading signals with enhanced precision. Designed for traders who want to capture market breakouts while filtering false signals, this script integrates the following components: ATR-Based Breakout Levels: The script calculates upper and lower breakout levels using the Average True Range (ATR). These levels are dynamically adjusted to reflect recent volatility, helping traders identify potential price breakout zones. RSI Signals (Buy and Sell): RSI Buy Signal: The script identifies oversold conditions (RSI < 30) in an uptrend, confirmed by price trading above the longer-term moving average (200-period SMA). RSI Sell Signal: The script identifies overbought conditions (RSI > 70) in a downtrend, confirmed by price trading below the longer-term moving average. These signals help traders detect potential reversals and avoid trading against the trend. Moving Average Crossovers: Short-term and long-term moving averages are included to detect momentum shifts. The crossover of a short-period MA (9) and a long-period MA (21) acts as an additional confirmation for entry and exit points. Custom Alerts for Breakouts and RSI Signals: Alerts are built into the script, enabling traders to receive real-time notifications for breakout levels or when RSI-based buy/sell conditions are met. How It Works: The script uses ATR to determine dynamic breakout zones based on the highest resistance and lowest support within a specified lookback period. The RSI-based signals are filtered using the 200-period moving average, ensuring signals align with the dominant trend. Moving average crossovers provide additional confirmation for trend reversals. How to Use: Breakout Trading: Monitor the breakout levels plotted on the chart (green for upper and red for lower levels). Enter a trade when the price crosses these levels and aligns with the trend. RSI Signals: Look for RSI Buy/Sell labels on the chart to identify potential entry and exit points. These signals are filtered to avoid whipsaws in trending markets. Alerts: Set custom alerts for breakout levels or RSI signals using the built-in alert conditions for seamless trading. Why It’s Useful: This script combines volatility-based breakout detection with trend-following RSI signals, providing a robust framework for breakout traders. By filtering signals based on moving averages and ATR levels, it minimizes noise and helps traders focus on high-probability setups. Note: This script is designed for educational purposes and should be used alongside proper risk management and additional analysis.
Pine Script™ indikatörü
vestymx80866 tarafından
SMC - Simple Internal Market Structure The indicator shows the SMC (Trading Hub 3.0) - internal market structure with crucial components such as impulse movement, correction movement, pullbacks, inducements, CHoCH, BOS, and sweeps. SMC beginners take time to draw market structures with many ambiguities and need guidance. I wrote this indicator during the SMC learning process to make it easier for beginners. Ambiguities of SMC beginners 1. What is the correct internal market structure? Many indicators do not show Inducements but rather the most important part in forming a market structure. Beginners often have trouble drawing their first Minor Inducements. I have included a feature that displays past and present Minor Inducements to help you observe and practice identifying internal market structures. You use the "SMC - Smallest Swing High/Low" indicator to support this process. 2. Where to start drawing market structures? If you use other indicators, you will get market structures starting from the first candle of the chart. In practice, you only need the recent and current internal market structures in HTF or LTF to find the best entry points. The remaining past internal market structure creates complexity for your current internal market structure. I introduce the feature of choosing the start time of displaying the internal market structure, you will actively anchor the start time of the internal market structure. You will get the internal market structure right from any starting point. 3. You will switch between HTF and LTF to find entry points. You will be troubled by multiple overlapping market structures of HTF and LTF. I introduce the feature of drawing internal market structures at the time anchored when switching between HTF and LTF. Sometimes, the indicator is also necessary for professionals who like simplicity. The indicator is easy to use but has some notes a. Choose the start time: after selecting the indicator, the display screen shows the words "Set the 'Start Time' time for "SMC - Simple Internal Market Structure"' --> click on the screen or drag horizontally to select the start time b. Change the start time: click on the indicator name in the upper left corner --> the screen will display the time selection line --> click on the square (in the middle of the time selection line) and drag horizontally to select a new start time. c. The start time position is the candle with a blue background. Usually, this candle coincides with the time selection line. d. Limited to 1000 candles from the past to the present. If the start time is more than 1000 candles, the time selection line does not coincide with the start candle. e. Only applies to time frames of 1 minute or more.
Pine Script™ indikatörü
nmcang tarafından
Dual Trendline Breakout [Splirus]This advanced trading tool leverages the power of dual pivot-based trendlines to provide traders with a superior edge in identifying potential breakout and retest opportunities. By combining two separate pivot lengths, the indicator creates both primary and secondary trendlines, enabling more robust confluence and decision-making in your trading strategy. Key Features: 1. Dual Pivot Analysis: Primary Trendline: Uses a shorter pivot length to capture immediate price movements and breakout scenarios. Secondary Trendline: Employs a longer pivot length for broader trend identification and confirmation. 2. Enhanced Confluence: The combination of short-term and long-term trendlines provides stronger signals, reducing false positives and enhancing accuracy. 3. Dynamic Visualization: Automatically plots trendlines and extends them until they are crossed. Distinct colors for uptrend and downtrend lines for easy interpretation. Highlights where price breaks above or below the trendlines with bar coloring. 4. Alerts for Key Events: Alerts are triggered for breakout and retest scenarios, ensuring you never miss critical market movements. 5. Customizable Settings: Adjust pivot lengths, trendline colors, and visualization preferences to suit your trading style. Optional settings for showing only the most recent trendlines, hiding crossed lines, and extending lines dynamically. How It Works: The indicator identifies pivot highs and lows based on the specified lengths for both primary and secondary trendlines. When price interacts with these trendlines (breakout, retest, or cross), it highlights the event with customizable bar colors and optional alerts. By monitoring these interactions, traders can better time their entries and exits, leveraging the dual-period analysis for stronger market confluence. Ideal Use Cases: Scalping: Use primary trendlines for quick trade opportunities. Swing Trading: Combine primary and secondary trendlines for more significant market moves. Trend Continuation or Reversal: Identify breakout confirmations or retests for confident trade setups. This indicator is a powerful addition to any trader's toolkit, offering precision, adaptability, and actionable insights for navigating the markets with confidence. Its closed-source design ensures that the unique advantages of the Dual Trendline identification algorithm remain exclusive to its users, providing an edge that cannot be duplicated elsewhere.
Pine Script™ indikatörü
splirus tarafından
Brokerir Market Sessions IndicatorOverview The Brokerir Market Sessions Indicator is a powerful tool designed to help traders track global market sessions in a highly customizable and visually distinct manner. It supports four market sessions by default: Tokyo, London, New York, and Sydney, but you can fully customize session times, names, and colors to fit your trading needs. This indicator offers four different visualization modes: ✔ Boxes – Clear session boundaries with customizable colors. ✔ Timeline – A minimalistic session tracker along the bottom of the chart. ✔ Zones – Highlights price action during specific sessions. ✔ Colored Candles – Colors candlesticks based on active sessions. Additionally, it includes useful tools such as session High/Low tracking, Open/Close percentage change, pip movement, session equilibrium level, overlapping session merging, and weekend filtering. Key Features ✅ Fully Customizable Sessions – Adjust names, colors, and times. ✅ Four Display Modes – Choose between Boxes, Timelines, Zones, or Candles. ✅ Automatic Timezone Detection – Works across all time zones, no manual adjustments needed. ✅ Session High/Low & Open/Close Tracking – View price movement during each session in pips or percentage. ✅ Overlap Merging – Ensures cleaner charts by merging overlapping sessions. ✅ Equilibrium Levels & Open/Close Lines – Gain insights into session strength and direction. ✅ Weekend Filtering – Avoid plotting sessions when the market is closed. Customization Options 📌 Sessions Settings You can modify each session independently: • Tokyo Session – Set time, color, and name. • London Session – Set time, color, and name. • New York Session – Set time, color, and name. • Sydney Session – Set time, color, and name. 💡 You can also create and track your own custom sessions! 📌 Additional Tools 1️⃣ Pips & Percentage Change Labels – Shows the distance between session high/low or open/close. 2️⃣ Session Overlap Merging – Makes charts cleaner by merging overlapping sessions. 3️⃣ Weekend Filter – Removes unnecessary session tracking when markets are closed. 4️⃣ Open/Close Line – Draws a trend line between session open and close for easy direction tracking. 5️⃣ 0.5 Equilibrium Level – Identifies the middle of a session range to spot price balance points. 6️⃣ Session Candle Coloring – Assigns unique colors to candles based on session activity. 7️⃣ Lookback Period – Customize how far back the indicator displays past session data. 8️⃣ Input Timezone Adjustments – Manually override time zones if needed. Why Choose Brokerir Market Sessions Indicator? 🔹 Complete Customization – Define sessions exactly as you need them. 🔹 Multiple Visualizations – Switch between zones, boxes, timelines, or candle coloring. 🔹 Accurate Time Adjustments – Works regardless of your TradingView time zone settings. 🔹 Professional Trading Tool – Ideal for scalpers, day traders, and institutional analysis. 🔹 Future Updates & Enhancements – Brokerir will continue improving this indicator with new features and functionalities. 💡 Follow Brokerir for updates and improvements to this essential trading tool! brokerir.com
Pine Script™ indikatörü
SasanHATAM tarafından
The Indicator for CRT (2/2) @TorioTrades🚀 Introducing the Ultimate CRT Indicator 🚀 🎯 This indicator is specifically designed for CRT (Candle Range Theory) to provide valuable insights into the daily price range, facilitating more informed intraday trading decisions. 🕵️‍♂️ It helps traders analyze price action within the context of the day's overall movement, potentially improving their ability to identify optimal entry and exit points. 📊 📝 Before we continue, let's show some love to the creators of this fantastic indicator: - (x.com) - (x.com) - (x.com) - (x.com) ⚙️ Key Features: 1. Cutoff Time ⏰: To keep charts uncluttered, a Cutoff Time will prevent drawings from extending beyond a specific point. The indicator automatically uses this to avoid messy charts with multiple drawings starting and stopping at various times. Example ⬇️ (s3.tradingview.com) 2. Customizable Trading Sessions (Killzones) 🕒: The indicator features have four customizable trading sessions, each with adjustable times and labels. Traders can modify these sessions to match their preferred trading style, whether it's a variation on traditional ICT Killzones or entirely different timeframes. The sessions dynamically track high and low prices within their periods, extending pivot points until they're broken. Example ⬇️ (s3.tradingview.com) 🌟 I'm thrilled by the positive response to this indicator and can't wait to hear your suggestions for improvements and future features. Please share your ideas! 🤩📬 Happy trading! 📈💼
Pine Script™ indikatörü
MichuGU tarafından
5
The Indicator for CRT (1/2) @TorioTrades🚀 Introducing the Ultimate CRT Indicator 🚀 🎯 This indicator is specifically designed for CRT (Candle Range Theory) to provide valuable insights into the daily price range, facilitating more informed intraday trading decisions. 🕵️‍♂️ It helps traders analyze price action within the context of the day's overall movement, potentially improving their ability to identify optimal entry and exit points. 📊 📝 Before we continue, let's show some love to the creators of this fantastic indicator: - (x.com) - (x.com) - (x.com) - (x.com) ⚙️ Key Features: 1. Cutoff Time ⏰: To keep charts uncluttered, a Cutoff Time will prevent drawings from extending beyond a specific point. The indicator automatically uses this to avoid messy charts with multiple drawings starting and stopping at various times. Example ⬇️ (s3.tradingview.com) 2. Customizable Trading Sessions (Killzones) 🕒: The indicator features have four customizable trading sessions, each with adjustable times and labels. Traders can modify these sessions to match their preferred trading style, whether it's a variation on traditional ICT Killzones or entirely different timeframes. The sessions dynamically track high and low prices within their periods, extending pivot points until they're broken. Example ⬇️ (s3.tradingview.com) 🌟 I'm thrilled by the positive response to this indicator and can't wait to hear your suggestions for improvements and future features. Please share your ideas! 🤩📬
Pine Script™ indikatörü
MichuGU tarafından
The CRT Indicator (2/2) @TorioTradesThis indicator is specifically designed for CRT (Candle Range Theory) to provide valuable insights into the daily price range, facilitating more informed intraday trading decisions. It helps traders analyze price action within the context of the day's overall movement, potentially improving their ability to identify optimal entry and exit points. Before we continue we should thanks the creators of this indicator by following them: x.com x.com x.com x.com Join my community: t.me To keep charts uncluttered, a Cutoff Time will prevent drawings from extending beyond a specific point. The indicator automatically uses this to avoid messy charts with multiple drawings starting and stopping at various times. The indicator features four customizable trading sessions (Killzones), each with adjustable times and labels. Traders can modify these sessions to match their preferred trading style, whether it's a variation on traditional ICT Killzones or entirely different timeframes. The sessions dynamically track high and low prices within their periods, extending pivot points until they're broken. I'm excited by the positive response to this indicator and welcome your suggestions for improvements and future features. Please share your ideas!
Pine Script™ indikatörü
MichuGU tarafından
The CRT Indicator (1/2) by TorioTradesThis indicator is specifically designed for CRT (Candle Range Theory) to provide valuable insights into the daily price range, facilitating more informed intraday trading decisions. It helps traders analyze price action within the context of the day's overall movement, potentially improving their ability to identify optimal entry and exit points. Before we continue we should thanks the creators of this indicator by following them: x.com x.com x.com x.com Join my community: t.me To keep charts uncluttered, a Cutoff Time will prevent drawings from extending beyond a specific point. The indicator automatically uses this to avoid messy charts with multiple drawings starting and stopping at various times. The indicator features four customizable trading sessions (Killzones), each with adjustable times and labels. Traders can modify these sessions to match their preferred trading style, whether it's a variation on traditional ICT Killzones or entirely different timeframes. The sessions dynamically track high and low prices within their periods, extending pivot points until they're broken. I'm excited by the positive response to this indicator and welcome your suggestions for improvements and future features. Please share your ideas!
Pine Script™ indikatörü
MichuGU tarafından
Swing Catcher DayThe "Swing Catcher" indicator identifies swing points on a daily time frame by combining Simple Moving Averages (SMA) for trend direction, Momentum to gauge price strength, and Average True Range (ATR) to confirm volatility. It marks potential swing highs and lows, validates them using trend and momentum alignment, and filters out noise with ATR-based volatility checks. This makes it an effective tool for spotting and trading significant price movements.
Pine Script™ indikatörü
mohitjain07 tarafından
1
RSI Oversold & Golden Cross//@version=5 indicator("RSI Oversold & Golden Cross", overlay=true) // Input settings rsiLength = input.int(14, title="RSI Length") rsiOversold = input.int(30, title="RSI Oversold Level") shortEmaLength = input.int(50, title="Short EMA Length") longEmaLength = input.int(200, title="Long EMA Length") // Calculate RSI rsi = ta.rsi(close, rsiLength) // Calculate EMAs shortEma = ta.ema(close, shortEmaLength) longEma = ta.ema(close, longEmaLength) // Golden Cross condition goldenCross = ta.crossover(shortEma, longEma) // RSI Oversold condition rsiOversoldCondition = rsi < rsiOversold // Combined condition signal = goldenCross and rsiOversoldCondition // Plot EMA lines plot(shortEma, color=color.blue, title="Short EMA") plot(longEma, color=color.orange, title="Long EMA") // Plot buy signals plotshape(series=signal, location=location.belowbar, color=color.green, style=shape.labelup, title="Buy Signal", text="BUY") // Background color for RSI Oversold bgcolor(rsiOversoldCondition ? color.new(color.green, 90) : na, title="RSI Oversold Background") // Alert conditions alertcondition(signal, title="Golden Cross + RSI Oversold", message="Golden Cross + RSI Oversold detected!")
Pine Script™ indikatörü
mandeespa tarafından
Aryanex Gold StrategyThis indicator simulates my strategy that I use to trade gold on the 5-minute frame. The three lines in blue, orange and red colors are moving averages with strong values ​​that reflect the frames higher than the 5-minute frame, and also filter out the price movement volatility. The horizontal lines in gold color are an algorithm that will give you the XAUUSD numbers analyzed by Aryanex that are updated week by week or every month on your chart based on the market situation and price movement. How the strategy works ? In case of buying, the price must be above all the moving average lines, and when it touches the first numerical analysis upwards, we take a buy deal, and the target is the next number, which is set at 100 points in advance, and the stop loss will be 80 points. In case of selling, the price must be below all the moving average lines, and when it touches the downside for the first numerical analysis, we take a sell deal, and the target is the next number, which is set at 100 points in advance, and the stop loss will be 80 points. Finally, my trading method is to enter with double contract in the second deal in case the first deal loses. Please take into consideration risk management, each according to his capital, and I hope that everyone will take full advantage of this indicator. May you always be winners.
Pine Script™ indikatörü
Aryanex tarafından
Smart VolumeThis script introduces a unique approach to volume analysis by combining three critical components that work together to identify institutional activity: 1. Adaptive Volume Analysis - Automatically calculates significant volume thresholds specific to each stock (current bar volume compared to the average of previous 6 bars) - Unlike standard indicators using fixed multipliers (like 2x average volume), this adapts to each stock's unique trading characteristics - Example: A 2x volume spike might be significant for AAPL but irrelevant for a volatile small-cap 2. Volume Contraction Pattern (VCP) Detection - Identifies periods of decreasing volume with precise criteria: • Requires 6+ consecutive periods of declining volume • Volume must compress by at least 20% from peak • Price must remain within a defined channel - Automatically detects completion of compression patterns 3. RVM (Relative Volatility Measure) Integration - Measures current volatility against historical averages - Identifies low-volatility periods that often precede major moves - When combined with volume compression, signals higher probability setups How Components Work Together: - Volume spikes are evaluated against stock-specific thresholds - VCP detection runs continuously to identify compression patterns - RVM confirms volatility contraction aligned with volume compression - When all three align, the indicator signals potential breakout entry Usage: 1. Monitor volume bars for spikes above adaptive thresholds (bright green/red)| 2. Monitor average volume line turning from white to green indicating volume contraction (the brighter the green the more contraction happened) 2. Watch for green shading at the zero-line indicating volatility compression (RVM) 3. Use the statistics table for more insights Original Features: - First indicator to combine adaptive volume thresholds with VCP detection - Implements stock-specific volume analysis instead of fixed multipliers - Integrates volatility confirmation with volume patterns - Provides real-time statistical analysis of compression patterns Best suited for daily timeframes on liquid stocks where institutional activity is most visible. Note: While patterns suggest potential moves, always confirm with price action before trading. Video:
Pine Script™ indikatörü
marsrides tarafından
7