Levels Of Interest------------------------------------------------------------------------------------
LEVELS OF INTEREST (LOI)
TRADING INDICATOR GUIDE
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Table of Contents:
1. Indicator Overview & Core Functionality
2. VWAP Foundation & Historical Context
3. Multi-Timeframe VWAP Analysis
4. Moving Average Integration System
5. Trend Direction Signal Detection
6. Visual Design & Display Features
7. Custom Level Integration
8. Repaint Protection Technology
9. Practical Trading Applications
10. Setup & Configuration Recommendations
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1. INDICATOR OVERVIEW & CORE FUNCTIONALITY
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The LOI indicator combines multiple VWAP calculations with moving averages across different timeframes. It's designed to show where institutional money is flowing and help identify key support and resistance levels that actually matter in today's markets.
Primary Functions:
- Multi-timeframe VWAP analysis (Daily, Weekly, Monthly, Yearly)
- Advanced moving average integration (EMA, SMA, HMA)
- Real-time trend direction detection
- Institutional flow analysis
- Dynamic support/resistance identification
Target Users: Day traders, swing traders, position traders, and institutional analysts seeking comprehensive market structure analysis.
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2. VWAP FOUNDATION & HISTORICAL CONTEXT
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Historical Development: VWAP started in the 1980s when big institutional traders needed a way to measure if they were getting good fills on their massive orders. Unlike regular price averages, VWAP weighs each price by the volume traded at that level. This makes it incredibly useful because it shows you where most of the real money changed hands.
Mathematical Foundation: The basic math is simple: you take each price, multiply it by the volume at that price, add them all up, then divide by total volume. What you get is the true "average" price that reflects actual trading activity, not just random price movements.
Formula: VWAP = Σ(Price × Volume) / Σ(Volume)
Where typical price = (High + Low + Close) / 3
Institutional Behavior Patterns:
- When price trades above VWAP, institutions often look to sell
- When it's below, they're usually buying
- Creates natural support and resistance that you can actually trade against
- Serves as benchmark for execution quality assessment
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3. MULTI-TIMEFRAME VWAP ANALYSIS
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Core Innovation: Here's where LOI gets interesting. Instead of just showing daily VWAP like most indicators, it displays four different timeframes simultaneously:
**Daily VWAP Implementation**:
- Resets every morning at market open
- Provides clearest picture of intraday institutional sentiment
- Primary tool for day trading strategies
- Most responsive to immediate market conditions
**Weekly VWAP System**:
- Resets each Monday (or first trading day)
- Smooths out daily noise and volatility
- Perfect for swing trades lasting several days to weeks
- Captures weekly institutional positioning
**Monthly VWAP Analysis**:
- Resets at beginning of each calendar month
- Captures bigger institutional rebalancing at month-end
- Fund managers often operate on monthly mandates
- Significant weight in intermediate-term analysis
**Yearly VWAP Perspective**:
- Resets annually for full-year institutional view
- Shows long-term institutional positioning
- Where pension funds and sovereign wealth funds operate
- Critical for major trend identification
Confluence Zone Theory: The magic happens when multiple VWAP levels cluster together. These confluence zones often become major turning points because different types of institutional money all see value at the same price.
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4. MOVING AVERAGE INTEGRATION SYSTEM
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Multi-Type Implementation: The indicator includes three types of moving averages, each with its own personality and application:
**Exponential Moving Averages (EMAs)**:
- React quickly to recent price changes
- Displayed as solid lines for easy identification
- Optimal performance in trending market conditions
- Higher sensitivity to current price action
**Simple Moving Averages (SMAs)**:
- Treat all historical data points equally
- Appear as dashed lines in visual display
- Slower response but more reliable in choppy conditions
- Traditional approach favored by institutional traders
**Hull Moving Averages (HMAs)**:
- Newest addition to the system (dotted line display)
- Created by Alan Hull in 2005
- Solves classic moving average dilemma: speed vs. accuracy
- Manages to be both responsive and smooth simultaneously
Technical Innovation: Alan Hull's solution addresses the fundamental problem where moving averages are either too slow (missing moves) or too fast (generating false signals). HMAs achieve optimal balance through weighted calculation methodology.
Period Configuration:
- 5-period: Short-term momentum assessment
- 50-period: Intermediate trend identification
- 200-period: Long-term directional confirmation
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5. TREND DIRECTION SIGNAL DETECTION
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Real-Time Momentum Analysis: One of LOI's best features is its real-time trend detection system. Next to each moving average, visual symbols provide immediate trend assessment:
Symbol System:
- ▲ Rising average (bullish momentum confirmation)
- ▼ Falling average (bearish momentum indication)
- ► Flat average (consolidation or indecision period)
Update Frequency: These signals update in real-time with each new price tick and function across all configured timeframes. Traders can quickly scan daily and weekly trends to assess alignment or conflicting signals.
Multi-Timeframe Trend Analysis:
- Simultaneous daily and weekly trend comparison
- Immediate identification of trend alignment
- Early warning system for potential reversals
- Momentum confirmation for entry decisions
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6. VISUAL DESIGN & DISPLAY FEATURES
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Color Psychology Framework: The color scheme isn't random but based on psychological associations and trading conventions:
- **Blue Tones**: Institutional neutrality (VWAP levels)
- **Green Spectrum**: Growth and stability (weekly timeframes)
- **Purple Range**: Longer-term sophistication (monthly analysis)
- **Orange Hues**: Importance and attention (yearly perspective)
- **Red Tones**: User-defined significance (custom levels)
Adaptive Display Technology: The indicator automatically adjusts decimal places based on the instrument you're trading. High-priced stocks show 2 decimals, while penny stocks might show 8. This keeps the display incredibly clean regardless of what you're analyzing - no cluttered charts or overwhelming information overload.
Smart Labeling System: Advanced positioning algorithm automatically spaces all elements to prevent overlap, even during extreme zoom levels or multiple timeframe analysis. Every level stays clearly readable without any visual chaos disrupting your analysis.
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7. CUSTOM LEVEL INTEGRATION
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User-Defined Level System: Beyond the calculated VWAP and moving average levels, traders can add custom horizontal lines at any price point for personalized analysis.
Strategic Applications:
- **Psychological Levels**: Round numbers, previous significant highs/lows
- **Technical Levels**: Fibonacci retracements, pivot points
- **Fundamental Targets**: Analyst price targets, earnings estimates
- **Risk Management**: Stop-loss and take-profit zones
Integration Features:
- Seamless incorporation with smart labeling system
- Custom color selection for visual organization
- Extension capabilities across all chart timeframes
- Maintains display clarity with existing indicators
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8. REPAINT PROTECTION TECHNOLOGY
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Critical Trading Feature: This addresses one of the most significant issues in live trading applications. Most multi-timeframe indicators "repaint," meaning they display different signals when viewing historical data versus real-time analysis.
Protection Benefits:
- Ensures every displayed signal could have been traded when it appeared
- Eliminates discrepancies between historical and live analysis
- Provides realistic performance expectations
- Maintains signal integrity across chart refreshes
Configuration Options:
- **Protection Enabled**: Default setting for live trading
- **Protection Disabled**: Available for backtesting analysis
- User-selectable toggle based on analysis requirements
- Applies to all multi-timeframe calculations
Implementation Note: With protection enabled, signals may appear one bar later than without protection, but this ensures all signals represent actionable opportunities that could have been executed in real-time market conditions.
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9. PRACTICAL TRADING APPLICATIONS
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**Day Trading Strategy**:
Focus on daily VWAP with 5-period moving averages. Look for bounces off VWAP or breaks through it with volume. Short-term momentum signals provide entry and exit timing.
**Swing Trading Approach**:
Weekly VWAP becomes your primary anchor point, with 50-period averages showing intermediate trends. Position sizing based on weekly VWAP distance.
**Position Trading Method**:
Monthly and yearly VWAP provide broad market context, while 200-period averages confirm long-term directional bias. Suitable for multi-week to multi-month holdings.
**Multi-Timeframe Confluence Strategy**:
The highest-probability setups occur when daily, weekly, and monthly VWAPs cluster together, especially when multiple moving averages confirm the same direction. These represent institutional consensus zones.
Risk Management Integration:
- VWAP levels serve as dynamic stop-loss references
- Multiple timeframe confirmation reduces false signals
- Institutional flow analysis improves position sizing decisions
- Trend direction signals optimize entry and exit timing
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10. SETUP & CONFIGURATION RECOMMENDATIONS
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Initial Configuration: Start with default settings and adjust based on individual trading style and market focus. Short-term traders should emphasize daily and weekly timeframes, while longer-term investors benefit from monthly and yearly level analysis.
Transparency Optimization: The transparency settings allow clear price action visibility while maintaining level reference points. Most traders find 70-80% transparency optimal - it provides a clean, unobstructed view of price movement while maintaining all critical reference levels needed for analysis.
Integration Strategy: Remember that no indicator functions effectively in isolation. LOI provides excellent context for institutional flow and trend direction analysis, but should be combined with complementary analysis tools for optimal results.
Performance Considerations:
- Multiple timeframe calculations may impact chart loading speed
- Adjust displayed timeframes based on trading frequency
- Customize color schemes for different market sessions
- Regular review and adjustment of custom levels
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FINAL ANALYSIS
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Competitive Advantage: What makes LOI different is its focus on where real money actually trades. By combining volume-weighted calculations with multiple timeframes and trend detection, it cuts through market noise to show you what institutions are really doing.
Key Success Factor: Understanding that different timeframes serve different purposes is essential. Use them together to build a complete picture of market structure, then execute trades accordingly.
The integration of institutional flow analysis with technical trend detection creates a comprehensive trading tool that addresses both short-term tactical decisions and longer-term strategic positioning.
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END OF DOCUMENTATION
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Hareketli Ortalamalar
(Mustang Algo) Stochastic RSI + Triple EMAStochastic RSI + Triple EMA (StochTEMA)
Overview
The Stochastic RSI + Triple EMA indicator combines the Stochastic RSI oscillator with a Triple Exponential Moving Average (TEMA) overlay to generate clear buy and sell signals on the price chart. By measuring RSI overbought/oversold conditions and confirming trend direction with TEMA, this tool helps traders identify high-probability entries and exits while filtering out noise in choppy markets.
Key Features
Stochastic RSI Calculation
Computes a standard RSI over a user-defined period (default 50).
Applies a Stochastic oscillator to the RSI values over a second user-defined period (default 50).
Smooths the %K line by taking an SMA over a third input (default 3), and %D is an SMA of %K over another input (default 3).
Defines oversold when both %K and %D are below 20, and overbought when both are above 80.
Triple EMA (TEMA)
Calculates three successive EMAs on the closing price with the same length (default 9).
Combines them using TEMA = 3×(EMA1 – EMA2) + EMA3, producing a fast-reacting trend line.
Bullish trend is identified when price > TEMA and TEMA is rising; bearish trend when price < TEMA and TEMA is falling; neutral/flat when TEMA change is minimal.
Signal Logic
Strong Buy: Previous bar’s Stoch RSI was oversold (both %K and %D < 20), %K crosses above %D, and TEMA is in a bullish trend.
Medium Buy: %K crosses above %D (without requiring oversold), TEMA is bullish, and previous %K < 50.
Weak Buy: Previous bar’s %K and %D were oversold, %K crosses above %D, TEMA is flat or bullish (not bearish).
Strong Sell: Previous bar’s Stoch RSI was overbought (both %K and %D > 80), %K crosses below %D, and TEMA is bearish.
Medium Sell: %K crosses below %D (without requiring overbought), TEMA is bearish, and previous %K > 50.
Weak Sell: Previous bar’s %K and %D were overbought, %K crosses below %D, TEMA is flat or bearish (not bullish).
Visual Elements on Chart
TEMA Line: Plotted in cyan (#00BCD4) with a medium-thick line for clear trend visualization.
Buy/Sell Markers:
BUY STRONG: Lime label below the candle
BUY MEDIUM: Green triangle below the candle
BUY WEAK: Semi-transparent green circle below the candle
SELL STRONG: Red label above the candle
SELL MEDIUM: Orange triangle above the candle
SELL WEAK: Semi-transparent orange circle above the candle
Candle & Background Coloring: When a strong buy or sell signal occurs, the candle body is tinted (semi-transparent lime/red) and the chart background briefly flashes light green (buy) or light red (sell).
Dynamic Support/Resistance:
On a strong buy signal, a green dot is plotted under that bar’s low as a temporary support marker.
On a strong sell signal, a red dot is plotted above that bar’s high as a temporary resistance marker.
Alerts
Strong Buy Alert: Triggered when Stoch RSI is oversold, %K crosses above %D, and TEMA is bullish.
Strong Sell Alert: Triggered when Stoch RSI is overbought, %K crosses below %D, and TEMA is bearish.
General Buy Alert: Triggered on any bullish crossover (%K > %D) when TEMA is not bearish.
General Sell Alert: Triggered on any bearish crossover (%K < %D) when TEMA is not bullish.
Inputs
Stochastic RSI Settings (group “Stochastic RSI”):
K (smoothK): Period length for smoothing the %K line (default 3, minimum 1)
D (smoothD): Period length for smoothing the %D line (default 3, minimum 1)
RSI Length (lengthRSI): Number of bars used for the RSI calculation (default 50, minimum 1)
Stochastic Length (lengthStoch): Number of bars for the Stochastic oscillator applied to RSI (default 50, minimum 1)
RSI Source (src): Price source for the RSI (default = close)
TEMA Settings (group “Triple EMA”):
TEMA Length (lengthTEMA): Number of bars used for each of the three EMAs (default 9, minimum 1)
How to Use
Add the Script
Copy and paste the indicator code into TradingView’s Pine Editor (version 6).
Save the script and add it to your chart as “Stochastic RSI + Triple EMA (StochTEMA).”
Adjust Inputs
Choose shorter lengths for lower timeframes (e.g., intraday scalping) and longer lengths for higher timeframes (e.g., swing trading).
Fine-tune the Stochastic RSI parameters (K, D, RSI Length, Stochastic Length) to suit the volatility of the instrument.
Modify TEMA Length if you prefer a faster or slower moving average response.
Interpret Signals
Primary Entries/Exits: Focus on “BUY STRONG” and “SELL STRONG” signals, as they require both oversold/overbought conditions and a confirming TEMA trend.
Confirmation Signals: Use “BUY MEDIUM”/“BUY WEAK” to confirm or add to an existing position when the market is trending. Similarly, “SELL MEDIUM”/“SELL WEAK” can be used to scale out or confirm bearish momentum.
Support/Resistance Dots: These help identify recent swing lows (green dots) and swing highs (red dots) that were tagged by strong signals—useful to place stop-loss or profit-target orders.
Set Alerts
Open the Alerts menu (bell icon) in TradingView, choose this script, and select the desired alert condition (e.g., “BUY Signal Strong”).
Configure notifications (popup, email, webhook) according to your trading workflow.
Notes & Best Practices
Filtering False Signals: By combining Stoch RSI crossovers with TEMA trend confirmation, most false breakouts during choppy price action are filtered out.
Timeframe Selection: This indicator works on all timeframes, but shorter timeframes may generate frequent signals—consider higher-timeframe confirmation when trading lower timeframes.
Risk Management: Always use proper position sizing and stop-loss placement. An “oversold” or “overbought” reading can remain extended for some time in strong trends.
Backtesting/Optimization: Before live trading, backtest different parameter combinations on historical data to find the optimal balance between sensitivity and reliability for your chosen instrument.
No Guarantee of Profits: As with any technical indicator, past performance does not guarantee future results. Use in conjunction with other forms of analysis (volume, price patterns, fundamentals).
Author: Your Name or Username
Version: 1.0 (Pine Script v6)
Published: June 2025
Feel free to customize input values and visual preferences. If you find bugs or have suggestions for improvements, open an issue or leave a comment below. Trade responsibly!
Pucci Trend EMA-SMA Crossover with TolerancePucci Trend EMA-SMA Crossover with Tolerance
This indicator helps identify market trends and generates trading signals based on the crossover between an Exponential Moving Average (EMA) and a Simple Moving Average (SMA) with an adjustable tolerance threshold. The signals work as follows:
Buy Signal (B) -> Triggers when the EMA crosses above the SMA, exceeding a user-defined tolerance (in basis points). Optionally, a price filter can require the high or low to be below the EMA for confirmation.
Sell Signal (S) -> Triggers when the SMA crosses above the EMA, exceeding the tolerance. The optional price filter may require the high or low to be above the EMA.
The tolerance helps reduce false signals by requiring a minimum distance between the moving averages before confirming a crossover. The price filter adds an extra confirmation layer by checking if price action respects the EMA level.
Important Notes:
1º No profitability guarantee: This tool is for analysis only and may generate losses.
2º "As Is" disclaimer: Provided without warranties or responsibility for trading outcomes.
3º Use Stop Loss: Users must determine their own risk management.
4º Parameter adjustment needed: Optimal MA periods and tolerance vary by timeframe.
5º Filter impact varies: Enabling/disabling the price filter may improve or worsen performance.
EMA Pullback System 1:5 RRR [SL]EMA Trend Pullback System (1:5 RRR)
Summary:
This indicator is designed to identify high-probability pullback opportunities along the main trend, providing trade signals that target a high 1:5 Risk/Reward Ratio. It is a trend-following strategy built for patient traders who wait for optimal setups.
Strategy Logic:
The system is based on three Exponential Moving Averages (EMAs): 21, 50, and 200.
BUY Signal:
Trend (Uptrend): The price must be above the 200 EMA.
Pullback: The price must pull back into the "Dynamic Support Zone" between the 21 EMA and 50 EMA.
Confirmation: A strong Bullish Confirmation Candle (e.g., Bullish Engulfing) must form within this zone.
SELL Signal:
Trend (Downtrend): The price must be below the 200 EMA.
Pullback: The price must rally back into the "Dynamic Resistance Zone" between the 21 EMA and 50 EMA.
Confirmation: A strong Bearish Confirmation Candle (e.g., Bearish Engulfing) must form within this zone.
Key Features:
Clearly plots the 21, 50, and 200 EMAs on the chart.
Displays BUY and SELL labels when the rules are met.
Automatically calculates and plots Stop Loss (SL) and Take Profit (TP) levels for each signal.
The Risk/Reward Ratio for the Take Profit level is customizable in the settings (Default: 1:5).
How to Use:
Best suited for higher timeframes like H1 and H4.
It is crucial to wait for the signal candle to close before considering an entry.
While this is an automated tool, for best results, combine its signals with your own analysis of Price Action and Market Structure.
Disclaimer:
This is an educational tool and not financial advice. Trading involves substantial risk. Always use proper risk management. It is essential to backtest any strategy before deploying it with real capital.
Mean Absolute Deviation Trend | Lyro RSMean Absolute Deviation Trend
Introduction
Mean Absolute Deviation (MAD) Trend is a precision tool designed to capture directional bias using the Mean Absolute Deviation from a dynamic moving average. It identifies trend shifts by measuring average volatility around price, highlighting bullish and bearish phases through adaptive bands.
Signal Insight
The 𝓜𝓐𝓓 𝓣𝓻𝓮𝓷𝓭 plots a dynamic bands around a user-defined moving average, using Mean Absolute Deviation (MAD) to reflect volatility-adjusted boundaries.
A bullish signal is generated when price breaks above the upper MAD band—indicating positive momentum and potential trend continuation to the upside.
A bearish signal occurs when price falls below the lower MAD band—signaling increased downside pressure and possible trend continuation to the downside.
This approach gives traders a volatility-sensitive trend filter that can enhance signal quality across different market environments.
Real-World Example
𝓜𝓐𝓓 𝓣𝓻𝓮𝓷𝓭 delivers a clear and timely long signal, capturing a +22.90% move. Upon exit, it seamlessly flips to a short position, securing an additional +13.34% —demonstrating its strength in both trending directions.
Framework
The 𝓜𝓐𝓓 𝓣𝓻𝓮𝓷𝓭 indicator identifies directional shifts by measuring price deviation from a dynamic moving average. At its core, it calculates the Mean Absolute Deviation (MAD) of price around a user-selected moving average.
The indicator builds adaptive upper and lower bands by multiplying the MAD value above and below the moving average. When price crosses above the upper band, it triggers a bullish signal. When price crosses below the lower band, it signals bearish momentum which gives a bearish signal.
This method provides an elegant balance between volatility sensitivity and trend clarity, adapting in real-time to changing market behavior. The moving average type and band sensitivity can be tuned to fit various strategies—from scalping to swing trading.
Recommended Settings
Long-Term Investing: 1D, EMA, 40, 2
Mid-Term Investing: 1D, Default Settings
Swing Trading: 4h, EMA, 20, 2.5
Day/Intraday Trading: 15mins, 25, 2.5
⚠️ WARNING ⚠️: THIS INDICATOR, OR ANY OTHER WE (LYRO RS) PUBLISH, IS NOT FINANCIAL OR INVESTMENT ADVICE. EVERY INDICATOR SHOULD BE COMBINED WITH PRICE ACTION, FUNDAMENTALS, OTHER TECHNICAL ANALYSIS TOOLS & PROPER RISK. MANAGEMENT.
3x MTF EMA + VWAP + Daily CPR3x MTF EMA + VWAP + Daily CPR
A Complete Trend & Structure Toolkit for Informed Decisions
This all-in-one indicator blends the power of multi-timeframe analysis, volume-weighted price action, and daily structure zones to give you high-confidence entries and real-time market context.
📌 Key Features:
✅ 3x Multi-Timeframe EMAs
Plot up to three EMAs from any timeframe (e.g., 15m, 1H, Daily) on your current chart. Each EMA comes with:
Custom length
Custom source (close, hl2, etc.)
Independent timeframe
Color and visibility toggles
Use them for dynamic support/resistance, trend direction, and confluence zones.
✅ VWAP (Volume-Weighted Average Price)
Industry-standard intraday VWAP to track the true average traded price. Essential for:
Volume-weighted mean reversion
Institutional support/resistance
Intraday directional bias
Auto-hides on higher timeframes for precision.
✅ Daily CPR (Central Pivot Range)
Maps out key market structure levels for the day:
Central Pivot (P)
Top Central (TC)
Bottom Central (BC)
Widely used by pros for reversal zones, trend continuation, and opening range setups.
🎯 Why Use This Script?
Whether you're scalping intraday or swinging higher timeframes, this indicator gives you:
Instant clarity on market structure
High-probability trend confluence
Reliable institutional price zones
Perfect for SMC, ICT, VWAP traders, or anyone seeking an edge with precision levels.
⚙️ Fully Customizable
Toggle visibility for each layer (EMA, VWAP, CPR)
Adjust EMA sources, lengths, timeframes
Lightweight & optimized for performance [/
Multi time frame combination signal1. Concept and originality
This indicator was developed with the aim of displaying signals of multiple time frames and moving averages of the fixed time frame different from the current chart. When buying and selling, if you use basic signals such as MACD, RSI, TSI, etc. on a certain time frame, you may miss shorter or longer-term trends. In addition, if a long-term upswing sign occurs and you want to search for a short-term pullback, you may want to use multiple signals of different time frames in combination. Therefore, I aimed to display signals of shorter and longer time frames simultaneously on one chart in addition to the current time frame. Furthermore, I considered a comosite signal that combines each basic signal and moving average line, and combines arbitrary signals of multiple arbitrary time frames in a single indicator.
2. Function
This indicator provides a composite signal that combines multiple basic indicators (MACD, RSI, TSI) and moving average lines on three arbitrary time frames. Other auxiliary functions include Bollinger bands, Ichimoku cloud, Fair Value Gap (FVG), and Order Block (OB). The three time frames can be set independently for each signal.
2.1 Combination signal
When you check "Show combination signal", the signals that combine each checked basic indicator with "and" will be displayed. If you want to combine each basic indicator with "or", uncheck "Combination signal" and check all the indicators you want to use. Each indicator can also be combined with a moving average. The indicators that can be combined with "Combination signal" are MACD, RSI, TSI and moving average. Bollinger bands, Ichimoku Kinko Hyo, Fair Value Gap (FVG) and Order Block (OB) are displayed alone and cannot be incorporated into "Combination signal".
When you check "Show short/middle/long term signal", the checked signals will be displayed on the chart with ▲ or ▼. ▲ indicates crossover and ▼ indicates crossunder. Short is displayed small and long is displayed large. The short/middle/long time frames can be set separately. It is not necessary that the short is shorter than the middle or long.
2.2 MACD signal
Check "Show MACD signal" to display the MACD (Moving Average Convergence Divergence) signal. Check "Show short/middle/long term signal" to display the signal of the checked time frame with ▲ or ▼ on the chart. Short is displayed small, and long is displayed large. The short/middle/long time frames can be set separately. Short does not necessarily have to be shorter than middle or long. EMA is usually used for the moving average of MACD, but this indicator allows you to select the type of moving average from SMA, EMA, SMMA (RMA), WMA, and VWMA. You can enter the base period for Long, Short, and Signal. This period is the period for the selected time frame. Check "Use impulse MACD" to suppress signals in range markets. In this case, "Long length", "Short length", and "Signal length" are ignored and the value of "Impulse MACD length" is applied. Please note that some functions do not work properly on charts that do not provide volume.
2.3 RSI signal
Check "Show RSI signal" to display the RSI (Relative Strength Index) signal. Check "Show short/middle/long term signal" to display the signal of the checked time frame on the chart with ▲ or ▼. Short is displayed small, and long is displayed large. Short/middle/long time frames can be set separately. Short does not necessarily have to be shorter than middle and long. You can enter the overbought and oversold thresholds in the range of 0 to 100. You can enter the base period of the signal. Check "Use VRSI" to add volume to the RSI. Check "Use Stochastic RSI" to display the Stochastic RSI signal. In this case, the base period of the RSI signal is ignored. For Stochastic RSI, you can enter the type of moving average, the period for smoothing, and the base period. These values are ignored by the normal RSI and VRSI. Please note that some functions do not work properly on charts for which volume is not provided.
2.4 TSI signal
Checking "Show TSI signal" displays the TSI (True Strength Index) signal. Checking "Show short/middle/long term signal" displays the signals of the checked time frame as ▲ or ▼ on the chart. Short is displayed small, and long is displayed large. The short/middle/long time frames can be set separately. Short does not necessarily have to be shorter than the middle and long. You can enter the overbought and oversold thresholds in the range of -100 to 100. You can enter the base period for Long, Short, and Signal. You can select the type of moving average from SMA, EMA, SMMA (RMA), WMA, and VWMA. Please note that some functions do not work properly on charts for which volume is not provided.
2.5 Moving average
Check "Show moving average" to display the moving average for the specified time frame. The time frame can be set to match the chart time frame or fixed. The type of moving average can be selected from SMA, EMA, SMMA (RMA), WMA, and VWMA. Check each "Show MA" to display the moving average on the chart. Up to five moving averages can be displayed. Check each "Above MA" or "Below MA" to add the "and" condition in "Combination signal" whether the price is above or below the moving average.
2.6 Bollinger band
Check "Show bollinger band" to display the Bollinger band. You can enter the time frame, type of moving average, base period, and standard deviation. The type of moving average can be selected from SMA, EMA, SMMA (RMA), WMA, and VWMA. This auxiliary function is independent and is not taken into account in "Combination signal".
2.7 Ichimoku cloud
Check "Show Ichimoku cloud" to display the Ichimoku cloud. You can enter the time frame, base period, leading line and lagging line periods. This auxiliary function is independent and is not taken into account in "Combination signal".
2.8 Fair Value Gap
Check "Show fair value gap" to display the Fair Value Gap. Check "Show short/middle/long term signal" to display the Fair Value Gap zone of the checked time frame as a gray square on the chart. You can set the threshold value to suppress the display and whether or not to display the label. This auxiliary function is independent and is not taken into account in "Combination signal".
2.9 Order Block
Check "Show order block" to display the Order Block. Check "Show short/middle/long term signal" to display the Order Block zone of the checked time frame as a green or red square on the chart. You can set the threshold value to suppress the display and whether or not to display the label. This auxiliary function is independent and does not contribute to the "Combination signal".
RS Triple MA Confluence Signal (Lower Pane)This indicator outputs a binary signal (1 or 0) based on triple moving average confluence of an asset’s relative strength vs a benchmark (e.g., SPY, BTC, etc).
✅ A value of 1 indicates full confluence, where the asset's relative strength is above three customizable moving averages (short, medium, and long).
❌ A value of 0 indicates confluence is off.
This version is designed to be used in a lower pane for:
Quick visual scanning
Dashboard-style layouts
Systematic filtering or alerting
Pairs perfectly with the main overlay tool:
👉 Relative Strength Triple MA Confluence
Use that version for candle coloring and price-level signals, and this version for clean signal tracking and screening support.
3-SMA/EMA Ribbon### 3-MA Ribbon (EMA / SMA Switchable)
**What it is**
The 3-MA Ribbon overlays three configurable moving averages (Fast, Mid, Slow) and colours the space between them to show both *trend strength* and *trend clarity* at a glance. A single dropdown lets you choose whether those MAs are **EMAs** (react faster) or **SMAs** (smoother).
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#### How the colour logic works
| MA order (Fast > Mid > Slow) | Ribbon | Meaning |
| ---------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------- |
| **Fast > Mid > Slow** | **Vivid Green** | Strong bullish stack |
| **Fast < Mid < Slow** | **Vivid Red** | Strong bearish stack |
| Any other order | Upper gap is soft green/red if the *upper* MA is above/below the *lower* one; lower gap is evaluated separately. Mixed colours = indecision / transition phase. | |
Opacity is lower (more solid) when the stack is perfect, higher (more transparent) when it’s mixed, so you instantly see how clean the trend structure is.
---
#### Visual cues
* **Fast MA** – dotted line (circles)
* **Mid MA** – dashed-look (crosses)
* **Slow MA** – solid line
All three line colours are separately customisable and are chosen to stay readable over both red and green fills.
Tiny ▲/▼ markers optionally call out the exact bar where a full bullish or bearish stack first appears.
---
#### Inputs
* **Moving-average type** – *EMA* or *SMA*
* **Fast / Mid / Slow lengths** – default 21 / 50 / 200
* **Ribbon colours** – bullish, bearish, neutral
* **Opacity (stacked / mixed)** – adjust how strong the fills appear
* **Line colours** – fast, mid, slow
---
#### Typical uses
1. **Trend confirmation** – Trade only when the ribbon is vivid green (long) or red (short) to filter whipsaws.
2. **Early warning** – Mixed fills flag potential transitions before a full MA cross completes.
3. **Dynamic S/R** – Each MA can act as a moving support or resistance level.
4. **Multi-time-frame stacking** – Apply the ribbon to higher TFs (e.g., 4 h) while trading lower ones for structural bias.
---
#### Tips
* Short-term traders might prefer 9-21-55 lengths; long-term swing traders often use 20-50-200.
* If price chops sideways, the gaps will flip soft green/red frequently—treat this as a signal to stay patient.
* Combine with volume or momentum oscillators for added confirmation.
---
> **Disclaimer:** This script is for educational purposes only and should not be taken as financial advice. Always test thoroughly in a demo environment and use proper risk management.
RONALD SMA BUY and SELL Indicator//@version=6
indicator('RONALD SMA BUY and SELL Indicator', overlay=true, max_labels_count=500)
// 1. Instellingen met standaardwaarden
fastLength = input.int(3, 'Fast SMA Lengte', minval=1, tooltip='Kortere periode voor snellere SMA')
slowLength = input.int(40, 'Slow SMA Lengte', minval=1, tooltip='Langere periode voor tragere SMA')
signalColor = input.color(color.yellow, 'Signaalkleur', tooltip='Kleur voor alle signalen')
// 2. SMA berekeningen
fastSMA = ta.sma(close, fastLength)
slowSMA = ta.sma(close, slowLength)
// 3. Plot SMA lijnen
plot(fastSMA, 'Fast SMA', color.new(color.blue, 0), 2)
plot(slowSMA, 'Slow SMA', color.new(color.red, 0), 2)
// 4. Signaal detectie
bullish = ta.crossover(fastSMA, slowSMA)
bearish = ta.crossunder(fastSMA, slowSMA)
// 5. Geavanceerde label positioning
yPosBuy = low - (ta.tr(true) * 0.5)
yPosSell = high + (ta.tr(true) * 0.5)
// 6. Dynamische labels met vingers
if bullish
label.new(
bar_index, yPosBuy,
text='BUY', color=signalColor,
style=label.style_label_up, textcolor=color.white,
yloc=yloc.price, size=size.normal)
if bearish
label.new(
bar_index, yPosSell,
text='SELL', color=signalColor,
style=label.style_label_down, textcolor=color.white,
yloc=yloc.price, size=size.normal)
// 7. Alternatieve plotshapes (optioneel)
plotshape(bullish, style=shape.triangleup, location=location.belowbar, color=signalColor, size=size.small)
plotshape(bearish, style=shape.triangledown, location=location.abovebar, color=signalColor, size=size.small)
useTrendFilter = input(true, "Gebruik Trendfilter")
trendLength = input(50, "Trend SMA Lengte")
trendSMA = ta.sma(close, trendLength)
AWR Pearsons R & LR Oscillator MTF1. Overview
This indicator is designed to analyze the correlation between a price series (or any custom indicator) and the bar index using Pearson’s correlation coefficient. It performs multiple linear regressions over shifted periods and then aggregates these results to create an oscillator. In addition, it integrates a multi-timeframe (MTF) analysis by retrieving the same calculations on 3 different time intervals, providing a more comprehensive view of the trend evolution.
2. User Parameters
The indicator offers several configurable parameters that allow the user to adjust both the calculations and the display:
Source (Linear Regression): The data source on which the regressions are applied (by default, the closing price).
Number of Linear Regressions (numOfLinReg): Allows choosing the number of correlation calculations (up to 10) to be carried out on different shifted periods.
Start Period (startPeriod) and Period Increment (periodIncrement): These parameters define the reference window for each regression. The calculation starts with a base period and then increases with each regression by a fixed increment, creating several time windows to assess the relationship between price evolution and time progression.
Deviation (def_deviation): Although defined, this parameter is intended to control the sensitivity of the calculations. It can be used in further developments of the indicator.
For Multi Time Frames analysis, three additional timeframes are provided through inputs in addition of the current period:
Sum up :
Timeframe 1 = current
Timeframe 2 = 30-minute (default settings)
Timeframe 3 = 1-hour (default settings)
Timeframe 4 = 4-hour (default settings)
These different timeframes allow you to obtain consistent or divergent signals over multiple resolutions, thereby enhancing the confidence of trading decisions.
3. Calculation Logic
At the core of the indicator is the f_calcConditions() function, which performs several essential tasks:
Calculating Pearson's Coefficients For each linear regression, the script uses ta.correlation() to measure the correlation between the chosen source (for example, the closing price) and the chronological index (bar_index). Up to 10 coefficients are computed over shifted windows, providing an evolving view of the linear relationship over different intervals.
Averaging the Results Once the coefficients are calculated, they are stored in an array and averaged to produce a global correlation value called avgPR_local.
Applying Moving Averages
The resulting average is then smoothed using several moving averages (SMA):
A short-term SMA (period of 14),
An intermediate SMA (period of 100),
A long-term SMA (period of 400).
These moving averages help to highlight the underlying trend of the oscillator by indicating the direction in which the correlation is moving.
Defining Trading Conditions Based on avgPR_local and its associated SMAs, multiple conditions are set to generate buy or sell signals:
Simple SMA Conditions :
Small signal :
Light blue below bar signal :
When the averaged coefficients lie between -1 and -0.63, are above the short-term SMA (14 periods), and are increasing, it may indicate a bullish dynamic (buy signal).
Orange above bar signal :
Conversely, when the value is higher (between 0.63 and 1) and below its SMA (14 periods), and are decreasing the trend is considered bearish (sell signal).
Medium signal :
Dark green signal
When the averaged coefficients lie between -1 and -0.45, are above the short-term SMA (14 periods), and are increasing, and also the average 100 is increasing. It may indicate a bullish dynamic (buy signal).
Light red signal :
Conversely, when the value is higher (between 0.45 and 1) and below its SMA (14 periods), the trend and are decreasing, and also the average 100 is decreasing. It may indicate a bearish dynamic(sell signal).
Light green signal :
When the averaged coefficients lie between -1 and -0.15, are above the short-term SMA (14 periods), and are increasing, and also the average 100 & 400 is increasing . It may indicate a bullish dynamic (buy signal).
Dark red signal :
Conversely, when the value is higher (between 0.45 and 1) and below its SMA (14 periods), the trend and are decreasing, and also the average 100 & 400 is decreasing. It may indicate a bearish dynamic(sell signal).
These additional conditions further refine the signals by verifying the consistency of the movement over longer periods. They check that the trends from the respective averages (intermediate and long-term) are in line with the direction indicated by the initial moving average.
These conditions are designed to capture moments when the oscillator's dynamics change, which can be interpreted as opportunities to enter or exit a trade.
4. Multi-Timeframes and Display
One of the main strengths of this indicator is its multi-timeframe approach.
This offers several advantages:
Comparative Analysis: Compare short-term dynamics with broader trends.
Enhanced Signal Reliability: A signal confirmed across multiple timeframes has a higher probability of success.
To visually highlight these signals on the chart, the indicator uses the plotchar() function with distinct symbols for each timeframe:
Current Timeframe: Signals are represented by the character "1"
30-Minute Timeframe: Displayed with the character "2".
1-Hour Timeframe: Displayed with the character "3".
4-Hour Timeframe: Displayed with the character "4".
The colors used are various shades of green for buy signals and shades of red/orange for sell signals, making it easy to distinguish between the different alerts.
5. Integrated Alerts
To avoid missing any trading opportunities, the indicator includes an alert condition via the alertcondition() function. This alert is triggered if any buy or sell signal is generated on any of the analyzed timeframes. The message "MTF valide" indicates that multiple timeframes are confirming the signal, enabling more informed decision-making.
6. How to Use This Indicator
Installation and Configuration: Copy the script into the TradingView Pine Script editor and add it to your chart. The default parameters can be tuned according to market behavior or personal preferences regarding sensitivity and responsiveness.
Interpreting the Signals:
Watch for the symbols on the chart corresponding to each timeframe.
A buy signal appears as a specific symbol below the bar (indicating a bullish condition based on a rising or less negative correlation), while a sell signal appears above the bar.
Multi-Timeframe Analysis: By comparing signals across timeframes, you can filter out false signals. For example, if the short-term timeframe shows a buy signal but the 4-hour timeframe indicates a bearish trend, you may need to reassess your position.
Adjusting the Settings: Depending on the asset type or market volatility, you might need to tweak the periods (startPeriod, periodIncrement) or the number of linear regressions to generate signals that better align with the price dynamics.
Using Alerts: Activate the built-in alert feature so that TradingView notifies you as soon as a multi-timeframe signal is detected. This ensures you stay informed even if you are not continuously monitoring the chart.
In Conclusion
The AWR Pearsons R & LR Oscillator MTF is a powerful tool for traders seeking a detailed understanding of market trends by combining statistical rigor (via Pearson's correlation coefficient) with a multi-timeframe approach. It is capable of generating clear entry and exit signals, visualized with specific symbols and colors depending on the timeframe. By adjusting the parameters to match your trading strategy and leveraging the alert system, you now have a robust instrument for making well-informed market decisions.
Feel free to dive deeper into each component and experiment with different configurations to see how the oscillator integrates with your overall technical analysis strategy. Enjoy exploring its potential and refining your trading approach!
CODEX#33CODEX#33 is a dynamic EMA-based system designed to visualize trend strength, volatility, and key market zones. It includes:
5 customizable EMAs (13, 21, 50, 200, 800)
Optional labels with future offset to keep charts clean
An EMA 50-based volatility cloud using standard deviation
Full control over visibility, colors, and label display
Built for clean execution and easy visual tracking of momentum shifts across all timeframes.
Simplicity is key!
Relative Strength Triple MA ConfluenceThis tool highlights moments of strong outperformance based on three customizable moving averages of an asset's relative strength vs a benchmark (SPY, BTC, etc).
✅ Green candles + triangle-up icon appear when relative strength is above all 3 MAs (short, medium, long)
❌ Red triangle-down appears when full confluence is lost
🔧 Fully customizable MA types (EMA or SMA), lengths, and benchmark
Ideal for traders seeking high-conviction confirmation based on stacked RS strength.
Daily 10, 50, 150, 200 DMAIrrespective of the Chart, i.e be it weekly or monthly DMA will be displayed on Daily Values.
Do note that On a weekly chart, this gives you the DMA value from only one daily candle per week, usually Friday’s close. So if a DMA crossover (say, 10-DMA crossing 50-DMA) actually happens on Wednesday, you won’t see that reflected until Friday's value is displayed on the weekly chart. That causes crossover dates to appear wrong or delayed.
Combined ATR Bands + VWAP + Moving Averages🔥 Ultimate Trading Combo: ATR Bands + VWAP + Moving Averages
This comprehensive indicator combines three powerful technical analysis tools in one clean interface:
📊 Features:
• ATR Bands - Dynamic support/resistance levels with step-line styling
• VWAP - Volume Weighted Average Price with orange dotted visualization
• Moving Averages - 50, 100, 200 periods with customizable colors
⚙️ Customizable Settings:
Toggle each component on/off independently
Adjustable ATR periods and multipliers
Multiple VWAP anchor periods (Session, Week, Month, Quarter, Year)
Configurable MA sources and periods
Custom colors and transparency levels
🎯 Perfect For:
Day traders seeking dynamic support/resistance
Swing traders using multiple timeframe analysis
Anyone wanting clean, professional chart visualization
💡 Created with AI assistance (Claude Sonnet 4)
Open source - feel free to modify and improve!
🔥 المؤشر الشامل: نطاقات ATR + VWAP + المتوسطات المتحركة
هذا المؤشر الشامل يجمع ثلاث أدوات تحليل فني قوية في واجهة واحدة نظيفة:
📊 المميزات:
• نطاقات ATR - مستويات دعم ومقاومة ديناميكية بتصميم خطوط متدرجة
• VWAP - متوسط السعر المرجح بالحجم مع عرض نقطي برتقالي
• المتوسطات المتحركة - فترات 50، 100، 200 مع ألوان قابلة للتخصيص
⚙️ إعدادات قابلة للتخصيص:
تشغيل/إيقاف كل مكون بشكل مستقل
فترات ومضاعفات ATR قابلة للتعديل
فترات ربط VWAP متعددة (جلسة، أسبوع، شهر، ربع، سنة)
مصادر وفترات MA قابلة للتكوين
ألوان مخصصة ومستويات شفافية
🎯 مثالي لـ:
المتداولين اليوميين الباحثين عن دعم/مقاومة ديناميكية
متداولي التأرجح باستخدام تحليل الإطارات الزمنية المتعددة
أي شخص يريد عرض مخططات نظيف ومهني
💡 تم إنشاؤه بمساعدة الذكاء الاصطناعي (Claude Sonnet 4)
مفتوح المصدر - لا تتردد في التعديل والتحسين!
#ATR #VWAP #MovingAverages #TechnicalAnalysis #Support #Resistance #DayTrading #SwingTrading #OpenSource #AI #تحليل_فني #دعم_مقاومة #متوسطات_متحركة #تداول_يومي
AWR R & LR Oscillator with plots & tableHello trading viewers !
I'm glad to share with you one of my favorite indicator. It's the aggregate of many things. It is partly based on an indicator designed by gentleman goat. Many thanks to him.
1. Oscillator and Correlation Calculations
Overview and Functionality: This part of the indicator computes up to 10 Pearson correlation coefficients between a chosen source (typically the close price, though this is user-configurable) and the bar index over various periods. Starting with an initial period defined by the startPeriod parameter and increasing by a set increment (periodIncrement), each correlation coefficient is calculated using the built-in ta.correlation function over successive ranges. These coefficients are stored in an array, and the indicator calculates their average (avgPR) to provide a complete view of the market trend strength.
Display Features: Each individual coefficient, as well as the overall average, is plotted on the chart using a specific color. Horizontal lines (both dashed and solid) are drawn at levels 0, ±0.8, and ±1, serving as visual thresholds. Additionally, conditional fills in red or blue highlight when values exceed these thresholds, helping the user quickly identify potential extreme conditions (such as overbought or oversold situations).
2. Visual Signals and Automated Alerts
Graphical Signal Enhancements: To reinforce the analysis, the indicator uses graphical elements like emojis and shape markers. For example:
If all 10 curves drop below -0.79, a 🌋 emoji appears at the bottom of the chart;
When curves 2 through 10 are below -0.79, a ⛰️ emoji is displayed below the bar, potentially serving as a buy signal accompanied by an alert condition;
Likewise, symmetrical conditions for correlations exceeding 0.79 produce corresponding emojis (🤿 and 🏖️) at the top or bottom of the chart.
Alerts and Notifications: Using these visual triggers, several alertcondition statements are defined within the script. This allows users to set up TradingView alerts and receive real-time notifications whenever the market reaches these predefined critical zones identified by the multi-period analysis.
3. Regression Channel Analysis
Principles and Calculations: In addition to the oscillator, the indicator implements an analysis of regression channels. For each of the 8 configurable channels, the user can set a range of periods (for example, min1 to max1, etc.). The function calc_regression_channel iterates through the defined period range to find the optimal period that maximizes a statistical measure derived from a regression parameter calculated by the function r(p). Once this optimal period is identified, the indicator computes two key points (A and B) which define the main regression line, and then creates a channel based on the calculated deviation (an RMSE multiplied by a user-defined factor).
The regression channels are not displayed on the chart but are used to plot shapes & fullfilled a table.
Blue shapes are plotted when 6th channel or 7th channel are lower than 3 deviations
Yellow shapes are plotted when 6th channel or 7th channel are higher than 3 deviations
4. Scores, Conditions, and the Summary Table
Scoring System: The indicator goes further by assigning scores across multiple analytical categories, such as:
1. BigPear Score
What It Represents: This score is based on a longer-term moving average of the Pearson correlation values (SMA 100 of the average of the 10 curves of correlation of Pearson). The BigPear category is designed to capture where this longer-term average falls within specific ranges.
Conditions: The script defines nine boolean conditions (labeled BigPear1up through BigPear9up for the “up” direction).
Here's the rules :
BigPear1up = (bigsma_avgPR <= 0.5 and bigsma_avgPR > 0.25)
BigPear2up = (bigsma_avgPR <= 0.25 and bigsma_avgPR > 0)
BigPear3up = (bigsma_avgPR <= 0 and bigsma_avgPR > -0.25)
BigPear4up = (bigsma_avgPR <= -0.25 and bigsma_avgPR > -0.5)
BigPear5up = (bigsma_avgPR <= -0.5 and bigsma_avgPR > -0.65)
BigPear6up = (bigsma_avgPR <= -0.65 and bigsma_avgPR > -0.7)
BigPear7up = (bigsma_avgPR <= -0.7 and bigsma_avgPR > -0.75)
BigPear8up = (bigsma_avgPR <= -0.75 and bigsma_avgPR > -0.8)
BigPear9up = (bigsma_avgPR <= -0.8)
Conditions: The script defines nine boolean conditions (labeled BigPear1down through BigPear9down for the “down” direction).
BigPear1down = (bigsma_avgPR >= -0.5 and bigsma_avgPR < -0.25)
BigPear2down = (bigsma_avgPR >= -0.25 and bigsma_avgPR < 0)
BigPear3down = (bigsma_avgPR >= 0 and bigsma_avgPR < 0.25)
BigPear4down = (bigsma_avgPR >= 0.25 and bigsma_avgPR < 0.5)
BigPear5down = (bigsma_avgPR >= 0.5 and bigsma_avgPR < 0.65)
BigPear6down = (bigsma_avgPR >= 0.65 and bigsma_avgPR < 0.7)
BigPear7down = (bigsma_avgPR >= 0.7 and bigsma_avgPR < 0.75)
BigPear8down = (bigsma_avgPR >= 0.75 and bigsma_avgPR < 0.8)
BigPear9down = (bigsma_avgPR >= 0.8)
Weighting:
If BigPear1up is true, 1 point is added; if BigPear2up is true, 2 points are added; and so on up to 9 points from BigPear9up.
Total Score:
The positive score (posScoreBigPear) is the sum of these weighted conditions.
Similarly, there is a negative score (negScoreBigPear) that is calculated using a mirrored set of conditions (named BigPear1down to BigPear9down), each contributing a negative weight (from -1 to -9).
In essence, the BigPear score tells you—in a weighted cumulative way—where the longer-term correlation average falls relative to predefined thresholds.
2. Pear Score
What It Represents: This category uses the immediate average of the Pearson correlations (avgPR) rather than a longer-term smoothed version. It reflects a more current picture of the market’s correlation behavior.
How It’s Calculated:
Conditions: There are nine conditions defined for the “up” scenario (named Pear1up through Pear9up), which partition the range of avgPR into intervals. For instance:
Pear1up = (avgPR > -0.2 and avgPR <= 0)
Pear2up = (avgPR > -0.4 and avgPR <= -0.2)
Pear3up = (avgPR > -0.5 and avgPR <= -0.4)
Pear4up = (avgPR > -0.6 and avgPR <= -0.5)
Pear5up = (avgPR > -0.65 and avgPR <= -0.6)
Pear6up = (avgPR > -0.7 and avgPR <= -0.65)
Pear7up = (avgPR > -0.75 and avgPR <= -0.7)
Pear8up = (avgPR > -0.8 and avgPR <= -0.75)
Pear9up = (avgPR > -1 and avgPR <= -0.8)
There are nine conditions defined for the “down” scenario (named Pear1down through Pear9down), which partition the range of avgPR into intervals. For instance:
Pear1down = (avgPR >= 0 and avgPR < 0.2)
Pear2down = (avgPR >= 0.2 and avgPR < 0.4)
Pear3down = (avgPR >= 0.4 and avgPR < 0.5)
Pear4down = (avgPR >= 0.5 and avgPR < 0.6)
Pear5down = (avgPR >= 0.6 and avgPR < 0.65)
Pear6down = (avgPR >= 0.65 and avgPR < 0.7)
Pear7down = (avgPR >= 0.7 and avgPR < 0.75)
Pear8down = (avgPR >= 0.75 and avgPR < 0.8)
Pear9down = (avgPR >= 0.8 and avgPR <= 1)
Weighting:
Each condition has an associated weight, such as 0.9 for Pear1up, 1.9 for Pear2up, and so on, up to 9 for Pear9up.
Sum up :
Pear1up = 0.9
Pear2up = 1.9
Pear3up = 2.9
Pear4up = 3.9
Pear5up = 4.99
Pear6up = 6
Pear7up = 7
Pear8up = 8
Pear9up = 9
Total Score:
The positive score (posScorePear) is the sum of these values for each condition that returns true.
A corresponding negative score (negScorePear) is calculated using conditions for when avgPR falls on the positive side, with similar weights in the negative direction.
This score quantifies the current correlation reading by translating its relative level into a numeric score through a weighted sum.
3. Trendpear Score
What It Represents: The Trendpear score is more dynamic as it compares the current avgPR with its short-term moving average (sma_avgPR / 14 periods ) and also considers its relationship with an even longer moving average (bigsma_avgPR / 100 periods). It is meant to capture the trend or momentum in the correlation behavior.
How It’s Calculated:
Conditions: Nine conditions (from Trendpear1up to Trendpear9up) are defined to check:
Whether avgPR is below, equal to, or above sma_avgPR by different margins;
Whether it is trending upward (i.e., it is higher than its previous value).
Here are the rules
Trendpear1up = (avgPR <= sma_avgPR -0.2) and (avgPR >= avgPR )
Trendpear2up = (avgPR > sma_avgPR -0.2) and (avgPR <= sma_avgPR -0.07) and (avgPR >= avgPR )
Trendpear3up = (avgPR > sma_avgPR -0.07) and (avgPR <= sma_avgPR -0.03) and (avgPR >= avgPR )
Trendpear4up = (avgPR > sma_avgPR -0.03) and (avgPR <= sma_avgPR -0.02) and (avgPR >= avgPR )
Trendpear5up = (avgPR > sma_avgPR -0.02) and (avgPR <= sma_avgPR -0.01) and (avgPR >= avgPR )
Trendpear6up = (avgPR > sma_avgPR -0.01) and (avgPR <= sma_avgPR -0.001) and (avgPR >= avgPR )
Trendpear7up = (avgPR >= sma_avgPR) and (avgPR >= avgPR ) and (avgPR <= bigsma_avgPR)
Trendpear8up = (avgPR >= sma_avgPR) and (avgPR >= avgPR ) and (avgPR >= bigsma_avgPR -0.03)
Trendpear9up = (avgPR >= sma_avgPR) and (avgPR >= avgPR ) and (avgPR >= bigsma_avgPR)
Weighting:
The weights here are not linear. For example, the lightest condition may add 0.1 point, whereas the most extreme condition (e.g., when avgPR is not only above the moving average but also reaches a high proportion relative to bigsma_avgPR) might add as much as 90 points.
Trendpear1up = 0.1
Trendpear2up = 0.2
Trendpear3up = 0.3
Trendpear4up = 0.4
Trendpear5up = 0.5
Trendpear6up = 0.69
Trendpear7up = 7
Trendpear8up = 8.9
Trendpear9up = 90
Total Score:
The positive score (posScoreTrendpear) is the sum of the weights from all conditions that are satisfied.
A negative counterpart (negScoreTrendpear) exists similarly for when the trend indicates a downward bias.
Trendpear integrates both the level and the direction of change in the correlations, giving a strong numeric indication when the market starts to diverge from its short-term average.
4. Deviation Score
What It Represents: The “Écart” score quantifies how far the asset’s price deviates from the boundaries defined by the regression channels. This metric can indicate if the price is excessively deviating—which might signal an eventual reversion—or confirming a breakout.
How It’s Calculated:
Conditions: For each channel (with at least seven channels contributing to the scoring from the provided code), there are three levels of deviation:
First tier (EcartXup): Checks if the price is below the upper boundary but above a second boundary.
Second tier (EcartXup2): Checks if the price has dropped further, between a lower and a more extreme boundary.
Third tier (EcartXup3): Checks if the price is below the most extreme limit.
Weighting:
Each tier within a channel has a very small weight for the lowest severities (for example, 0.0001 for the first tier, 0.0002 for the second, 0.0003 for the third) with weights increasing with the channel index.
First channel : 0.0001 to 0.0003 (very short term)
Second channel : 0.001 to 0.003 (short term)
Third channel : 0.01 to 0.03 (short mid term)
4th channel : 0.1 to 0.3 ( mid term)
5th channel: 1 to 3 (long mid term)
6th channel : 10 to 30 (long term)
7th channel : 100 to 300 (very long term)
Total Score:
The overall positive score (posScoreEcart) is the sum of all the weights for conditions met among the first, second, and third tiers.
The corresponding negative score (negScoreEcart) is calculated similarly (using conditions when the price is above the channel boundaries), with the weights being the same in magnitude but negative in sign.
This layered scoring method allows the indicator to reflect both minor and major deviations in a gradated and cumulative manner.
Example :
Score + = 321.0001
Score - = -0.111
The asset price is really overextended in long term view, not for mid term & short term expect the in the very short term.
Score + = 0.0033
Score - = -1.11
The asset price is really extended in short term view, not for mid term (even a bit underextended) & long term is neutral
5. Slope Score
What It Represents: The Slope score captures the trend direction and steepness of the regression channels. It reflects whether the regression line (and hence the underlying trend) is sloping upward or downward.
How It’s Calculated:
Conditions:
if the slope has a uptrend = 1
if the slope has a downtrend = -1
Weighting:
First channel : 0.0001 to 0.0003 (very short term)
Second channel : 0.001 to 0.003 (short term)
Third channel : 0.01 to 0.03 (short mid term)
4th channel : 0.1 to 0.3 ( mid term)
5th channel: 1 to 3 (long mid term)
6th channel : 10 to 30 (long term)
7th channel : 100 to 300 (very long term)
The positive slope conditions incrementally add weights from 0.0001 for the smallest positive slopes to 100 for the largest among the seven checks. And negative for the downward slopes.
The positive score (posScoreSlope) is the sum of all the weights from the upward slope conditions that are met.
The negative score (negScoreSlope) sums the negative weights when downward conditions are met.
Example :
Score + = 111
Score - = -0.1111
Trend is up for longterm & down for mid & short term
The slope score therefore emphasizes both the magnitude and the direction of the trend as indicated by the regression channels, with an intentional asymmetry that flags strong downtrends more aggressively.
Summary
For each category—BigPear, Pear, Trendpear, Écart, and Slope—the indicator evaluates a defined set of conditions. Each condition is a binary test (true/false) based on different thresholds or comparisons (for example, comparing the current value to a moving average or a channel boundary). When a condition is true, its assigned weight is added to the cumulative score for that category. These individual scores, both positive and negative, are then displayed in a table, making it easy for the trader to see at a glance where the market stands according to each analytical dimension.
This comprehensive, weighted approach allows the indicator to encapsulate several layers of market information into a single set of scores, aiding in the identification of potential trading opportunities or market reversals.
5. Practical Use and Application
How to Use the Indicator:
Interpreting the Signals:
On your chart, observe the following components:
The individual correlation curves and their average, plotted with visual thresholds;
Visual markers (such as emojis and shape markers) that signal potential oversold or overbought conditions
The summary table that aggregates the scores from each category, offering a quick glance at the market’s state.
Trading Alerts and Decisions: Set your TradingView alerts through the alertcondition functions provided by the indicator. This way, you receive immediate notifications when critical conditions are met, allowing you to react as soon as the market reaches key levels. This tool is especially beneficial for advanced traders who want to combine multiple technical dimensions to optimize entry and exit points with a confluence of signals.
Conclusion and Additional Insights
In summary, this advanced indicator innovatively combines multi-scale Pearson correlation analysis (via multiple linear regressions) with robust regression channel analysis. It offers a deep and nuanced view of market dynamics by delivering clear visual signals and a comprehensive numerical summary through a built-in score table.
Combine this indicator with other tools (e.g., oscillators, moving averages, volume indicators) to enhance overall strategy robustness.
Triple Moving Average Custom v2EMA SMA cross for better confirmation I personally using with Key Level.
Relative Strength MA ConfluenceThis indicator highlights price candles when two custom moving averages of relative strength vs a benchmark (e.g., SPY or BTC) are both trending positively.
Full confluence: Occurs when the asset's relative strength is above both a short- and long-term MA (default: 21 & 50).
Green candles and a triangle-up icon mark when full confluence begins.
Red triangle-down marks when confluence is lost.
🔧 All settings — including MA type (SMA or EMA), lengths, benchmark symbol, and visual toggles — are fully customizable.
Ideal for swing traders seeking strong trend confirmation based on outperformance relative to a benchmark.
Benchmark Above MA SignalBenchmark Above MA Signal (Configurable Visual)
This tool provides a simple ON/OFF signal showing whether a selected benchmark asset (e.g., SPY, BTC, QQQ, etc.) is currently trading above a specified moving average.
🔧 Customizable Settings:
Choose the benchmark symbol
Set the timeframe (e.g., daily, 4H, weekly)
Select SMA or EMA type
Define the MA length (e.g., 21, 50, 200)
Pick between two display modes:
Stepline (default): plots a clean binary signal in the lower pane
Background Only: visually highlights confluence periods without a line plot
✅ Ideal for macro filters, trend confirmation, or dashboard-style layouts
📊 Common use case: staying aware of the daily trend of SPY while trading lower intraday timeframes
10 EMA -1.5*ATRHelps identify potential support zones below the EMA by subtracting market volatility (ATR) from the EMA.
Useful for trend-following traders and pullback strategies to estimate dynamic entry zones.
Can act as a volatility-adjusted trailing level.
4 EMADisplays Exponential Moving Averages at four different strengths simultaneously, providing both rapid momentum shift signals and slower, for more reliable trend confirmations.
AMIT'S EMA'SIndicator Name:** AMIT'S EMA'S
**📝 Description:**
This all-in-one TradingView indicator is designed for serious traders who want clear trend direction, powerful candlestick signals, and session-based analysis—all in one screen.
### 🔹 Features:
#### 1. **Exponential Moving Averages (EMAs):**
* Tracks **EMA 21, 50, 100, and 200** to identify short-, medium-, and long-term trends.
* Color-coded for quick recognition of crossovers and momentum shifts.
* Helps spot golden/death crosses and trend alignment zones.
#### 2. **Custom Candlestick Patterns:**
* **Big Bar Up:** Highlights large bullish candles indicating potential breakouts or strong buying interest.
* **Big Bar Down:** Marks large bearish candles signaling breakdowns or heavy selling pressure.
#### 3. **Reversal Candlestick Patterns:**
* **3 Line Strike Up:** A strong bullish reversal signal after three consecutive down candles, followed by a large bullish candle engulfing them.
* **3 Line Strike Down:** A strong bearish reversal signal after three up candles, followed by a large bearish engulfing candle.
* Patterns are plotted with icons/labels for easy spotting.
#### 4. **Session Timings with Background Highlight:**
* Visual background shading to mark major **trading sessions**:
* Asian
* London
* New York
* Helps identify volatility zones and session overlap opportunities.
#### 5. **Trend Cloud:**
* A dynamic cloud formed using a combination of EMAs or custom logic to represent **overall trend bias**.
* Green cloud = bullish trend.
* Red cloud = bearish trend.
* Acts as a visual filter to avoid counter-trend trades.
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**🛠️ Customization Options:**
* Enable/disable specific EMAs or patterns.
* Adjustable candle size threshold for "Big Bar" detection.
* Session times and cloud smoothing periods can be tailored.
**📈 Best For:**
* Intraday traders
* Swing traders
* Trend followers
* Price action traders
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