Hann Window FIR Filter Ribbon [BigBeluga]🔵 OVERVIEW
The Hann Window FIR Filter Ribbon is a trend-following visualization tool based on a family of FIR filters using the Hann window function. It plots a smooth and dynamic ribbon formed by six Hann filters of progressively increasing length. Gradient coloring and filled bands reveal trend direction and compression/expansion behavior. When short-term trend shifts occur (via filter crossover), it automatically anchors visual support/resistance zones at the nearest swing highs or lows.
🔵 CONCEPTS
Hann FIR Filter: A finite impulse response filter that uses a Hann (cosine-based) window for weighting past price values, resulting in a non-lag, ultra-smooth output.
hannFilter(length)=>
var float hann = na // Final filter output
float filt = 0
float coef = 0
for i = 1 to length
weight = 1 - math.cos(2 * math.pi * i / (length + 1))
filt += price * weight
coef += weight
hann := coef != 0 ? filt / coef : na
Ribbon Stack: The indicator plots 6 Hann FIR filters with increasing lengths, creating a smooth "ribbon" that adapts to price shifts and visually encodes volatility.
Gradient Coloring: Line colors and fill opacity between layers are dynamically adjusted based on the distance between the filters, showing momentum expansion or contraction.
Dynamic Swing Zones: When the shortest filter crosses its nearest neighbor, a swing high/low is located, and a triangle-style level is anchored and projected to the right.
Self-Extending Levels: These dynamic levels persist and extend until invalidated or replaced by a new opposite trend break.
🔵 FEATURES
Plots 6 Hann FIR filters with increasing lengths (controlled by Ribbon Size input).
Automatically colors each filter and the fill between them with smooth gradient transitions.
Detects trend shifts via filter crossover and anchors visual resistance (red) or support (green) zones.
Support/resistance zones are triangle-style bands built around recent swing highs/lows.
Levels auto-extend right and adapt in real time until invalidated by price action.
Ribbon responds smoothly to price and shows contraction or expansion behavior clearly.
No lag in crossover detection thanks to FIR architecture.
Adjustable sensitivity via Length and Ribbon Size inputs.
🔵 HOW TO USE
Use the ribbon gradient as a visual trend strength and smooth direction cue.
Watch for crossover of shortest filters as early trend change signals.
Monitor support/resistance zones as potential high-probability reaction points.
Combine with other tools like momentum or volume to confirm trend breaks.
Adjust ribbon thickness and length to suit your trading timeframe and volatility preference.
🔵 CONCLUSION
Hann Window FIR Filter Ribbon blends digital signal processing with trading logic to deliver a visually refined, non-lagging trend tool. The adaptive ribbon offers insight into momentum compression and release, while swing-based levels give structure to potential reversals. Ideal for traders who seek smooth trend detection with intelligent, auto-adaptive zone plotting.
Hareketli Ortalamalar
Time-Decaying Percentile Oscillator [BackQuant]Time-Decaying Percentile Oscillator
1. Big-picture idea
Traditional percentile or stochastic oscillators treat every bar in the look-back window as equally important. That is fine when markets are slow, but if volatility regime changes quickly yesterday’s print should matter more than last month’s. The Time-Decaying Percentile Oscillator attempts to fix that blind spot by assigning an adjustable weight to every past price before it is ranked. The result is a percentile score that “breathes” with market tempo much faster to flag new extremes yet still smooth enough to ignore random noise.
2. What the script actually does
Build a weight curve
• You pick a look-back length (default 28 bars).
• You decide whether weights fall Linearly , Exponentially , by Power-law or Logarithmically .
• A decay factor (lower = faster fade) shapes how quickly the oldest price loses influence.
• The array is normalised so all weights still sum to 1.
Rank prices by weighted mass
• Every close in the window is paired with its weight.
• The pairs are sorted from low to high.
• The cumulative weight is walked until it equals your chosen percentile level (default 50 = median).
• That price becomes the Time-Decayed Percentile .
Find dispersion with robust statistics
• Instead of a fragile standard deviation the script measures weighted Median-Absolute-Deviation about the new percentile.
• You multiply that deviation by the Deviation Multiplier slider (default 1.0) to get a non-parametric volatility band.
Build an adaptive channel
• Upper band = percentile + (multiplier × deviation)
• Lower band = percentile – (multiplier × deviation)
Normalise into a 0-100 oscillator
• The current close is mapped inside that band:
0 = lower band, 50 = centre, 100 = upper band.
• If the channel squeezes, tiny moves still travel the full scale; if volatility explodes, it automatically widens.
Optional smoothing
• A second-stage moving average (EMA, SMA, DEMA, TEMA, etc.) tames the jitter.
• Length 22 EMA by default—change it to tune reaction speed.
Threshold logic
• Upper Threshold 70 and Lower Threshold 30 separate standard overbought/oversold states.
• Extreme bands 85 and 15 paint background heat when aggressive fade or breakout trades might trigger.
Divergence engine
• Looks back twenty bars.
• Flags Bullish divergence when price makes a lower low but oscillator refuses to confirm (value < 40).
• Flags Bearish divergence when price prints a higher high but oscillator stalls (value > 60).
3. Component walk-through
• Source – Any price series. Close by default, switch to typical price or custom OHLC4 for futures spreads.
• Look-back Period – How many bars to rank. Short = faster, long = slower.
• Base Percentile Level – 50 shows relative position around the median; set to 25 / 75 for quartile tracking or 90 / 10 for extreme tails.
• Deviation Multiplier – Higher values widen the dynamic channel, lowering whipsaw but delaying signals.
• Decay Settings
– Type decides the curve shape. Exponential (default 1.16) mimics EMA logic.
– Factor < 1 shrinks influence faster; > 1 spreads influence flatter.
– Toggle Enable Time Decay off to compare with classic equal-weight stochastic.
• Smoothing Block – Choose one of seven MA flavours plus length.
• Thresholds – Overbought / Oversold / Extreme levels. Push them out when working on very mean-reverting assets like FX; pull them in for trend monsters like crypto.
• Display toggles – Show or hide threshold lines, extreme filler zones, bar colouring, divergence labels.
• Colours – Bullish green, bearish red, neutral grey. Every gradient step is automatically blended to generate a heat map across the 0-100 range.
4. How to read the chart
• Oscillator creeping above 70 = market auctioning near the top of its adaptive range.
• Fast poke above 85 with no follow-through = exhaustion fade candidate.
• Slow grind that lives above 70 for many bars = valid bullish trend, not a fade.
• Cross back through 50 shows balance has shifted; treat it like a micro trend change.
• Divergence arrows add extra confidence when you already see two-bar reversal candles at range extremes.
• Background shading (semi-transparent red / green) warns of extreme states and throttles your position size.
5. Practical trading playbook
Mean-reversion scalps
1. Wait for oscillator to reach your desired OB/ OS levels
2. Check the slope of the smoothing MA—if it is flattening the squeeze is mature.
3. Look for a one- or two-bar reversal pattern.
4. Enter against the move; first target = midline 50, second target = opposite threshold.
5. Stop loss just beyond the extreme band.
Trend continuation pullbacks
1. Identify a clean directional trend on the price chart.
2. During the trend, TDP will oscillate between midline and extreme of that side.
3. Buy dips when oscillator hits OS levels, and the same for OB levels & shorting
4. Exit when oscillator re-tags the same-side extreme or prints divergence.
Volatility regime filter
• Use the Enable Time Decay switch as a regime test.
• If equal-weight oscillator and decayed oscillator diverge widely, market is entering a new volatility regime—tighten stops and trade smaller.
Divergence confirmation for other indicators
• Pair TDP divergence arrows with MACD histogram or RSI to filter false positives.
• The weighted nature means TDP often spots divergence a bar or two earlier than standard RSI.
Swing breakout strategy
1. During consolidation, band width compresses and oscillator oscillates around 50.
2. Watch for sudden expansion where oscillator blasts through extreme bands and stays pinned.
3. Enter with momentum in breakout direction; trail stop behind upper or lower band as it re-expands.
6. Customising decay mathematics
Linear – Each older bar loses the same fixed amount of influence. Intuitive and stable; good for slow swing charts.
Exponential – Influence halves every “decay factor” steps. Mirrors EMA thinking and is fastest to react.
Power-law – Mid-history bars keep more authority than exponential but oldest data still fades. Handy for commodities where seasonality matters.
Logarithmic – The gentlest curve; weight drops sharply at first then levels off. Mimics how traders remember dramatic moves for weeks but forget ordinary noise quickly.
Turn decay off to verify the tool’s added value; most users never switch back.
7. Alert catalogue
• TD Overbought / TD Oversold – Cross of regular thresholds.
• TD Extreme OB / OS – Breach of danger zones.
• TD Bullish / Bearish Divergence – High-probability reversal watch.
• TD Midline Cross – Momentum shift that often precedes a window where trend-following systems perform.
8. Visual hygiene tips
• If you already plot price on a dark background pick Bullish Color and Bearish Color default; change to pastel tones for light themes.
• Hide threshold lines after you memorise the zones to declutter scalping layouts.
• Overlay mode set to false so the oscillator lives in its own panel; keep height about 30 % of screen for best resolution.
9. Final notes
Time-Decaying Percentile Oscillator marries robust statistical ranking, adaptive dispersion and decay-aware weighting into a simple oscillator. It respects both recent order-flow shocks and historical context, offers granular control over responsiveness and ships with divergence and alert plumbing out of the box. Bolt it onto your price action framework, trend-following system or volatility mean-reversion playbook and see how much sooner it recognises genuine extremes compared to legacy oscillators.
Backtest thoroughly, experiment with decay curves on each asset class and remember: in trading, timing beats timidity but patience beats impulse. May this tool help you find that edge.
Candle Channel█ OVERVIEW
The "Candle Channel" indicator is a versatile technical analysis tool that plots a price channel based on the Simple Moving Average (SMA) of candlestick midpoints. The channel bands, calculated based on candlestick volatility, form dynamic support and resistance levels that adapt to price movements. The script generates signals for reversals from the bands and SMA breakouts, making it useful for both short-term and long-term traders. By adjusting the SMA length, the channel can vary in nature—from a wide channel encapsulating price movement to narrower support/resistance or trend-following bands. The channel width can be further customized using a scaling parameter, allowing adaptation to different trading styles and markets.
█ MECHANISM
Band Calculation
The indicator is based on the following calculations:
Candlestick Midpoint: Calculated as the arithmetic average of the candle’s high and low prices: (high + low) / 2.
Simple Moving Average (SMA): The average of candlestick midpoints over a specified length (default: 20 candles), forming the channel’s centerline.
Average Candle Height: Calculated as the average difference between the high and low prices (high - low) over the same SMA length, serving as a measure of market volatility.
Band Scaling: The user specifies a percentage of the average candle height (default: 200%), which is multiplied by the average height to create an offset. The upper band is SMA + offset, and the lower band is SMA - offset.Example: For an average candle height of 10 points and 200% scaling, the offset is 20 points, meaning the bands are ±20 points from the SMA.
Channel Characteristics: The SMA length determines the channel’s dynamics. Shorter SMA values (10–30) create a wide channel that contains price movement, ideal for scalping or short-term trading. Longer SMA values (above 30, e.g., 50–100) transform the channel into narrower support/resistance or trend-following bands, suitable for longer-term analysis. Band scaling further adjusts the channel width to match market volatility.
Signals
Reversal from Bands: Signals are generated when the price closes outside the band (above the upper or below the lower) and then returns to the channel, indicating a potential trend reversal.
SMA Breakout: Signals are generated when the price crosses the SMA upward (bullish signal) or downward (bearish signal), suggesting potential trend changes.
Visualization
Centerline: The SMA of candlestick midpoints, displayed as a thin line.
Channel Bands: Upper and lower channel boundaries, with customizable colors.
Fill: Options include a gradient (smooth color transition between bands) or solid color. The fill can also be disabled for greater clarity.
█ FEATURES AND SETTINGS
SMA Length: Determines the moving average period (default: 20). Values of 10–30 are suitable for a wide channel containing price movement, ideal for short-term timeframes. Longer values (e.g., 50–100) create narrower support/resistance or trend-following bands, better suited for higher timeframes.
Band Scaling: Percentage of the average candle height (default: 200%). Adjusts the channel width to match market volatility—smaller values (e.g., 50–100%) for narrower bands, larger values (e.g., 200–300%) for wider channels.
Fill Type: Gradient, solid, or no fill, allowing customization to user preferences.
Colors: Options to change the colors of bands, fill, and signals for better readability.
Signals: Options to enable/disable reversal signals from bands and SMA breakout signals.
█ HOW TO USE
Add the script to your chart in TradingView by clicking "Add to Chart" in the Pine Editor.
Adjust input parameters in the script settings:
SMA Length: Set to 10–30 for a wide channel containing price movement, suitable for scalping or short-term trading. Set above 30 (e.g., 50–100) for narrower support/resistance or trend-following bands.
Band Scaling: Adjust the channel width to market volatility. Smaller values (50–100%) for tighter support/resistance bands, larger values (200–300%) for wider channels containing price movement.
Fill Type and Colors: Choose a gradient for aesthetics or a solid fill for clarity.
Analyze signals:
Reversal Signals: Triangles above (bearish) or below (bullish) candles indicate potential reversal points.
SMA Breakout Signals: Circles above (bearish) or below (bullish) candles indicate trend changes.
Test the indicator on different instruments and timeframes to find optimal settings for your trading style.
█ LIMITATIONS
The indicator may generate false signals in highly volatile or consolidating markets.
On low-liquidity charts (e.g., exotic currency pairs), the bands may be less reliable.
Effectiveness depends on properly matching parameters to the market and timeframe.
Fisher Crossover StrategyThe Fisher Crossover Strategy is a popular technical trading method that uses the Fisher Transform indicator developed by John Ehlers. This indicator mathematically converts price data into a normal Gaussian distribution, making market turning points sharper and easier to identify. The strategy is based on two lines: the Fisher line, which is the main transformed price value, and the Trigger line, which is a one-period lag of the Fisher line. Traders use the crossover of these lines to determine buy and sell opportunities.
A buy signal is generated when the Fisher line crosses above the Trigger line, indicating that bullish momentum may be starting, while a sell signal occurs when the Fisher line crosses below the Trigger line, suggesting a possible bearish reversal. Signals that occur relative to the zero line are often considered stronger; for example, a buy signal below the zero line may indicate a deeper market reversal. The strategy is simple to follow and can be applied to various markets including stocks, forex, commodities, and cryptocurrencies.
However, like all crossover strategies, it can produce false signals during sideways or ranging markets. To reduce whipsaws, traders often combine the Fisher Crossover Strategy with other tools such as support and resistance levels, volume analysis, or moving averages. Proper risk management with stop-loss and take-profit levels is also essential. Overall, the Fisher Crossover Strategy is valued for its clear entry and exit rules and its ability to highlight potential market reversals earlier than many other indicators.
SMA 12+48The indicator checks the price entry into the 0.618-0.786 zone to the Fibonacci lines and gives a buy signal at the exit
SMA 12+48The indicator checks the price entry into the 0.618-0.786 zone to the Fibonacci lines and gives a buy signal at the exit
Blended EMA (50 & 100)Plots EMA 50, EMA 100, and a blended EMA (average of the two)
Option to hide/show the original EMAs
Clean and lightweight — great for trend filtering on 1hr/4hr
Blended EMA (9 & 20)Shows EMA 9, EMA 20, and their blended average
Toggle to hide/show the original EMAs
Clean, easy to read — ideal for entry setups on lower timeframes
Bollinger Bands + LWMA + EMA ComboThe BBMA strategy from Omaly Ally, this contains all the MA 5/ 10 high and MA 5/ 10 low, it also has EMA 50, 100 and 200
NAS100 and gold Smart Scalping Strategy PRO [Enhanced v2]It works on both Gold, Platinum and USTEC100. Profit factor between 6-9. Great Profit making with risk management
BTC 5M Scalper: 3EMA Reversal v1.6 Lite by AIOBest Timeframe: 5 minutes!!
Optimal Asset: BTC/USDT (Bitcoin)
Stop Placement: Below the signal candle's low (for long) / Above the signal candle's high (for short)
Risk/Reward: Minimum 1:2 ratio recommended
Description:
This 3EMA Reversal strategy identifies trend continuation signals using:
Fast EMA (20) and Slow EMA (50) crossover
Volume confirmation (above 20-period average)
Engulfing candle pattern
Built-in stop loss and take profit levels
Usage Instructions:
Apply to BTC/USDT 5-minute chart
Enter long when green triangle appears (stop below signal candle)
Enter short when red triangle appears (stop above signal candle)
TP levels are automatically calculated based on your RR setting
Pro Tip: Combine with 1-hour trend analysis for better results. The strategy works best in trending markets with above-average volume.
TOMOs EMA (9, 20, 200) & VWAPThis indicator includes the 9, 20, 200 EMAs and VWAP all in one chart. best to be used on 1m, 5m, 1D timelines.
Ultimate Scalping Strategy v2Strategy Overview
This is a versatile scalping strategy designed primarily for low timeframes (like 1-min, 3-min, or 5-min charts). Its core logic is based on a classic EMA (Exponential Moving Average) crossover system, which is then filtered by the VWAP (Volume-Weighted Average Price) to confirm the trade's direction in alignment with the market's current intraday sentiment.
The strategy is highly customizable, allowing traders to add layers of confirmation, control trade direction, and manage exits with precision.
Core Strategy Logic
The strategy's entry signals are generated when two primary conditions are met simultaneously:
Momentum Shift (EMA Crossover): It looks for a crossover between a fast EMA (default length 9) and a slow EMA (default length 21).
Buy Signal: The fast EMA crosses above the slow EMA, indicating a potential shift to bullish momentum.
Sell Signal: The fast EMA crosses below the slow EMA, indicating a potential shift to bearish momentum.
Trend/Sentiment Filter (VWAP): The crossover signal is only considered valid if the price is on the "correct" side of the VWAP.
For a Buy Signal: The price must be trading above the VWAP. This confirms that, on average, buyers are in control for the day.
For a Sell Signal: The price must be trading below the VWAP. This confirms that sellers are generally in control.
Confirmation Filters (Optional)
To increase the reliability of the signals and reduce false entries, the strategy includes two optional confirmation filters:
Price Action Filter (Engulfing Candle): If enabled (Use Price Action), the entry signal is only valid if the crossover candle is also an "engulfing" candle.
A Bullish Engulfing candle is a large green candle that completely "engulfs" the body of the previous smaller red candle, signaling strong buying pressure.
A Bearish Engulfing candle is a large red candle that engulfs the previous smaller green candle, signaling strong selling pressure.
Volume Filter (Volume Spike): If enabled (Use Volume Confirmation), the entry signal must be accompanied by a surge in volume. This is confirmed if the volume of the entry candle is greater than its recent moving average (default 20 periods). This ensures the move has strong participation behind it.
Exit Strategy
A position can be closed in one of three ways, creating a comprehensive exit plan:
Stop Loss (SL): A fixed stop loss is set at a level determined by a multiple of the Average True Range (ATR). For example, a 1.5 multiplier places the stop 1.5 times the current ATR value away from the entry price. This makes the stop dynamic, adapting to market volatility.
Take Profit (TP): A fixed take profit is also set using an ATR multiplier. By setting the TP multiplier higher than the SL multiplier (e.g., 2.0 for TP vs. 1.5 for SL), the strategy aims for a positive risk-to-reward ratio on each trade.
Exit on Opposite Signal (Reversal): If enabled, an open position will be closed automatically if a valid entry signal in the opposite direction appears. For example, if you are in a long trade and a valid short signal occurs, the strategy will exit the long position immediately. This feature turns the strategy into more of a reversal system.
Key Features & Customization
Trade Direction Control: You can enable or disable long and short trades independently using the Allow Longs and Allow Shorts toggles. This is useful for trading in harmony with a higher-timeframe trend (e.g., only allowing longs in a bull market).
Visual Plots: The strategy plots the Fast EMA, Slow EMA, and VWAP on the chart for easy visualization of the setup. It also plots up/down arrows to mark where valid buy and sell signals occurred.
Dynamic SL/TP Line Plotting: A standout feature is that the strategy automatically draws the exact Stop Loss and Take Profit price lines on the chart for every active trade. These lines appear when a trade is entered and disappear as soon as it is closed, providing a clear visual of your risk and reward targets.
Alerts: The script includes built-in alertcondition calls. This allows you to create alerts in TradingView that can notify you on your phone or execute trades automatically via a webhook when a long or short signal is generated.
Bollinger Bands SMA 20_2 StrategyMean reversion strategy using Bollinger Bands (20-period SMA with 2.0 standard deviation bands).
Trade Triggers:
🟢 BUY SIGNAL:
When: Price crosses above the lower Bollinger Band
Logic: Price has hit oversold territory and is bouncing back
Action: Places a long position with stop at the lower band
🔴 SELL SIGNAL:
When: Price crosses below the upper Bollinger Band
Logic: Price has hit overbought territory and is pulling back
Action: Places a short position with stop at the upper band
MA Cross 7-21MA Crossover
Definition
This indicator calculates and plots two moving averages, the MA7 and MA21, and highlights candlesticks where they cross. It indicates when a trend is changing, becoming weaker or stronger, in the short term.
Summary
The Moving Average Crossover indicator sounds simple enough. It measures two moving averages and detects when they cross. The two moving averages measured are the MA7 and MA21. A crossover indicates that the MA7 is now above the MA21, and vice versa. This indicator can be used in conjunction with other moving averages or trend-following indicators to better understand momentum.
swing_funThis is a very simple swing trading entry point indicator, design to be used on the indexes with the 4hr chart. It gives alerts whenever a long or short signal is found.
EMA 10/20 Crossover BackgroundThis script works best on a weekly chart and it taints the background green if the EMA-10 is larger than EMA-20 (EMA lengths can be configured) and red otherwise. I use this script to immediately determine if a market is trending upwards or downwards.
Зміщена MA з урахуванням волатильності (ATR) Long,ShortThis indicator displays a moving average (MA) line adjusted with volatility (ATR) to define dynamic long and short entry zones.
MACD Indicator [CongTrader]📄 Full Description for Publishing — Advanced MACD Indicator
🔍 Advanced MACD Indicator with Alerts & Visual Zones
This advanced MACD indicator is designed for traders who want enhanced visual clarity, precision, and alert-based trading using the classic MACD formula. It features:
Customizable MACD, Signal, and Histogram lengths
Clean plotting with bullish/bearish crossover highlights
Colored histogram bars based on momentum direction
Alert conditions when MACD crosses above or below Signal
Optional zero-line display and background highlights
🛠️ How to Use:
Use default settings (12, 26, 9) or customize for faster/slower signals
Green histogram = bullish momentum, Red = bearish
Background turns green when MACD crosses above signal (buy cue)
Background turns red when MACD crosses below signal (sell cue)
Histogram bars increase or decrease as momentum strengthens or fades
This tool helps identify:
Momentum shifts
Trend continuation or reversal zones
Entry/exit timing with alerts
Works on:
Any timeframe
All markets (Crypto, Forex, Stocks, Futures)
🔔 Alerts Included:
📈 MACD Bullish Crossover → Triggered when MACD crosses above the Signal line
📉 MACD Bearish Crossover → Triggered when MACD crosses below the Signal line
You can enable these alerts via the TradingView alert system for real-time notifications.
🔎 SEO Keywords (for discovery):
MACD, MACD Histogram, MACD Alert, MACD Signal, MACD Indicator, Momentum Indicator, Advanced MACD, MACD Trading, MACD Visual, MACD Tool, MACD Buy Sell, CongTrader
🙏 Thank You
If you enjoy using this indicator, feel free to leave a thumbs up 👍, comment your thoughts, or follow me for more free trading tools. Your support keeps the community growing!
⚠️ Disclaimer
This script is for educational purposes only and does not constitute financial advice. All trading involves risk. Use this indicator with your own analysis and discretion.
✍️ Created by CongTrader — sharing quality tools for the global trading community..
Buy and Sell Signals by Raja Saien📈 Buy and Sell Signals by Raja Saien 💹
"Simple. Clean. Powerful."
🔥 This indicator is built for those who believe in price action and clarity. No confusion, no clutter — just pure EMA crossover logic to catch early trends and filter false moves.
✅ Buy Signal when the 9 EMA crosses above the 21 EMA — indicating momentum shift to the upside.
❌ Sell Signal when the 9 EMA crosses below the 21 EMA — signaling potential downside momentum.
🧠 Designed for traders who trust the trend, respect momentum, and want to stay ahead of the crowd.
🔍 Perfect for scalping, intraday, and swing trading. Combine it with support/resistance or price action zones for even more 🔥 accuracy.
✨ Created by Raja Saien — for serious traders only.
💪 "Indicators don’t make you money, but discipline with clarity does."
Contrarian Investor📌 Indicator Overview
Name:Contrarian investor
Purpose: Identify oversold or overbought conditions for simple reversal trades.
Key Features:
Uses the 200-period moving average (200MA) to determine the market trend.
Uses RSI to detect oversold and overbought levels.
Includes a signal interval filter to prevent excessive signals.
📌 Signal Conditions
BUY (Reversal Buy)
Price is below the 200MA
RSI is below the oversold threshold (default: 30)
When both conditions are met, a "BUY" label is plotted below the bar.
SELL (Reversal Sell)
Price is above the 200MA
RSI is above the overbought threshold (default: 70)
When both conditions are met, a "SELL" label is plotted above the bar.
📌 Parameters
MA Length: Default 200 (used for trend detection)
RSI Length: Default 14
RSI Oversold: Default 30 (trigger for BUY signals)
RSI Overbought: Default 70 (trigger for SELL signals)
Signal Interval (bars): Default 10 (prevents duplicate signals)
📌 How to Use
Use the 200MA to confirm the trend direction.
Wait for RSI to reach extreme levels (oversold or overbought).
When a "BUY" or "SELL" label appears, consider a potential entry.
For better accuracy, combine with support/resistance or price action confirmation.
📌 Notes
This indicator is designed as a supplementary tool, not a standalone entry system.
Adjust the signal interval based on your trading style (e.g., shorter for scalping, longer for swing trading).
In strong trending markets, reversal signals may fail frequently, so additional confluence is recommended.
You need to adjust the settings depending on the market conditions.
This indicator is not intended for use during strong trending markets, such as after major economic news releases.
It is best suited for range-bound markets and scalping within a few-dollar price range.
📌 インジケーターの概要
名前:Contrarian investor
目的:過剰に売られた/買われたタイミングでの逆張りシグナルを簡単に確認
特徴:
200MAを基準にトレンド方向を判定
RSIで売られすぎ・買われすぎを検出
過剰なシグナルを防ぐための「シグナル間隔制限」付き
📌 シグナルの条件
BUY(逆張り買い)
現在の価格が 200MAより下
RSIが 設定値(初期値30)以下
この条件で「BUY」ラベルがチャート下に表示されます。
SELL(逆張り売り)
現在の価格が 200MAより上
RSIが 設定値(初期値70)以上
この条件で「SELL」ラベルがチャート上に表示されます。
📌 パラメータ設定
MA期間:デフォルト200(200MAで長期トレンドを判定)
RSI期間:デフォルト14
RSI売られすぎ:デフォルト30(BUYの発生条件)
RSI買われすぎ:デフォルト70(SELLの発生条件)
シグナル間隔(バー):デフォルト10(重複シグナル防止)
📌 使い方
200MAでトレンド方向を確認
RSIが極端な水準に達したら逆張りシグナル発生
「BUY」または「SELL」のラベルが出たら検討
他のテクニカル(サポレジ・プライスアクション)と組み合わせると精度向上
📌 注意点
単独でのエントリー判断には使わず、補助的に活用するのが推奨
シグナル間隔は調整可能(例:スキャルピングなら短め、スイングなら長め)
トレンドが強い相場では逆張りシグナルが連続して外れる可能性あり
相場環境によって設定を変える必要がある
指標発表後など強いトレンドが出る時ではなくレンジ相場で数ドル幅のスキャルピングをするのに向いている。
CQ_[TACHIMETER]The Tachimeter Indicator: A Fun Financial Gauge
Visualizing Market Momentum in Real Time
Introduction
The Tachimeter is a playful and innovative indicator designed for those who enjoy observing the financial markets with a touch of excitement. Much like the tachometer in a car measures engine revolutions per minute, the Tachimeter measures the "revolutions" of money in the market — showing just how fast funds are moving in or out, every twenty seconds.
What Does the Tachimeter Show?
At its core, the Tachimeter displays how much money (in U.S. dollars) is shifting direction — either up or down — from the current price within a 20-second window. The indicator operates on a scale that starts at $0 (no significant movement) and extends to $1200, representing the maximum flow observed in each 20-second period.
• Scale: $0 to $1200 every 20 seconds
• Direction: Indicates if money is moving upwards (buying) or downwards (selling)
• Purpose: For entertainment and observation, not for actual trading decisions
Visual Design and Interpretation
The Tachimeter features a gauge reminiscent of a car’s tachometer. The gauge moves to show the current intensity of money flowing into or out of the market right now, providing an immediate sense of how "fast" buyers or sellers are acting.
• Gauge Indicator: The amount of squares shows the speed of ongoing transactions, just like a rev counter in a vehicle.
• Color-Coded Title: The title of the indicator switches colors based on the market’s relationship to the daily opening price:
• Red: When the current price is lower than the daily opening price, indicating downward momentum.
• Green: When the current price is higher than the daily opening price, signaling buying momentum.
How to Use the Tachimeter
This indicator is intended purely for fun — it gives you a rapid, visual sense of market activity, letting you "feel" the excitement of fluctuating prices. If you enjoy watching the markets move, the Tachimeter adds a dynamic, visceral element to your experience.
• Watch the needle twitch higher as heavy buying or selling takes place.
• Notice title color changes as the market sentiment shifts from bullish (green) to bearish (red), or vice versa.
• Use it as a conversation starter or to enhance your enjoyment of fast-paced trading sessions.
Final Thoughts
Like your car’s tachometer helps you sense when to shift gears, the Tachimeter lets you sense when the market is "revving up." It’s not a tool for serious decision-making, but it transforms raw financial data into an engaging, interactive visual — perfect for those who appreciate both finance and a bit of fun.
Enjoy watching the market’s RPMs!