Internal Candle Strength [LuxAlgo]The Internal Candle Strength tool allows traders to divide each chart bar into multiple rows of custom size and inspect the strength of the lower timeframes trends located within each row.
This tool effectively helps traders in identifying the power dynamic between bulls and bears within multiple areas within each bar, providing the ability to conduct LTF analysis.
🔶 USAGE
The strength displayed within each row ranges from 0% to 100%, with 0% being the most bearish and 100% being the most bullish.
Traders should be aware of the extreme probabilities located at the higher/lower end of the bars, as this can signal a change in strength and price direction.
Traders can select the lower timeframe to pull the data from or the row size in the scale of the chart. Selecting a lower timeframe will provide more data to evaluate an area's strength.
Do note that only a timeframe lower than the chart timeframe should be selected.
🔹 Row Size
Selecting a smaller row size will increase the number of rows per bar, allowing for a more detailed analysis. A lower value will also generally mean that less data will be considered when calculating the strength of a specific area.
As we can see on the chart above (all BTCUSD 30m), by selecting a different row size, traders can control how many rows are displayed per bar.
🔶 SETTINGS
Timeframe: Lower timeframe used to calculate the candle strength.
Row Size: Size of each row on the chart scale, expressed as a fraction of the candle range.
Osilatörler
Simple ## User Guide for the Simple
I. Indicator Philosophy
This indicator is not a simple system that provides only one type of signal. It is an advanced tool that analyzes the market using three independent "engines," each specializing in detecting a different type of trading opportunity. Its goal is to identify high-probability setups by filtering out market noise.
II. Legend – What You See on the Chart
Before we proceed to the signals, you need to understand what each visual element represents:
Orange Line (200 EMA): This is the main, long-term trend indicator. It acts like a river – if the price flows above it, we look for buying opportunities (LONG). If it's below, we look for selling opportunities (SHORT).
The Ribbon (green/red): Represents short-term momentum and acts as a dynamic support/resistance zone. A green ribbon suggests buying strength, while a red one suggests selling pressure.
Kijun-sen Line (blue/red): This is the medium-term "center of gravity" of the market. It shows the price equilibrium. Its position relative to the price and the ribbon is crucial for many signals.
Gray Background: This is a "NO-TRADE ZONE." It appears when the ADX indicator shows that the market is in consolidation and lacks a clear trend. Most signals are ignored in these areas.
## III. The Three Signal Engines – When to Consider a Position
The indicator generates three different types of signals, each with its own characteristics and risk profile.
1. LONG / SHORT Labels (The Pullback Engine - Conservative)
Character: Safe, conservative, trend-following. Appears the least frequently.
How it works: It looks for ideal, "textbook" conditions. For a LONG signal, all indicators must be in full alignment (price > ribbon > Kijun > orange line), the trend must be strong (high ADX), AND the price must make a pullback to the ribbon and then bounce off it.
When to consider a position: When you see this signal, you are entering a well-developed, healthy trend. It's a high-probability entry, but often not at the very beginning of the move. Ideal for traders who value safety.
2. 🔵 / 🟣 Circles (The Squeeze Engine - Moderate)
Character: Moderately aggressive, looks for the beginning of a new, dynamic move.
How it works: It searches for periods of consolidation and low volatility (when the market is "gathering energy"). The signal (a circle) appears at the moment the price breaks out of this consolidation, and the direction of the breakout is confirmed by the Kijun-sen line.
When to consider a position: When you see the price has been moving sideways for a while, and then a circle appears. This is a sign that the consolidation phase has likely ended and a new impulse is beginning. Ideal for catching "fresh" moves.
3. ⚡ Lightning Bolt (The Reversal Engine - Aggressive)
Character: Aggressive, contrarian, attempts to catch sharp reversals. This is the riskiest signal.
How it works: It ignores most of the trend filters. Its sole purpose is to find a moment where the price, after a sharp and overextended move in one direction, suddenly reverses on a strong candle with high volume.
When to consider a position: When you want to take a risk to catch the very bottom (V-bottom) or top (V-top). This signal requires the most experience. It is recommended to only take it when it appears near a significant, horizontal support or resistance level. Never take it "in a vacuum."
IV. Summary and Practical Strategy
Signal
Signal Type
Character
Ideal Market Conditions
LONG/SHORT
Pullback Entry
Conservative
A strong, developed, and healthy trend.
🔵/🟣
Squeeze Breakout
Moderate
The end of a sideways move, the beginning of a new impulse.
⚡
Sharp Reversal
Aggressive
Market panic, oversold/overbought conditions at a key S/R level.
Eksportuj do Arkuszy
OA - RS HistogramOA - RS Histogram Indicator
This indicator displays a histogram representation of Relative Strength (RS) analysis, helping traders visualize the momentum relationship between a security and a reference index.
Key Features:
RS Histogram: Shows the difference between the current RS ratio and its EMA smoothed line
Customizable Reference Index: Default set to XU100, but can be changed to any index
EMA Smoothing: Adjustable EMA period (default 21) for trend analysis
Visual Clarity: Histogram bars are colored aqua for positive values and purple for negative values
Zero Line Reference: Dotted gray line for easy identification of positive/negative zones
How It Works:
The indicator calculates the relative strength by comparing the normalized percentage changes of the current security against the selected reference index. A 5-period EMA is applied to the RS ratio, and then the difference between this smoothed RS line and a longer EMA (default 21 periods) is displayed as a histogram.
Technical Calculation:
Fetches reference index data with proper gap handling
Calculates normalized percentage changes for both security and index
Computes relative strength ratio
Applies EMA smoothing to reduce noise
Displays the difference as a histogram for clear momentum visualization
Customization Options:
Reference index selection (default: XU100)
EMA length adjustment (default: 21 periods)
Color customization for positive and negative histogram bars
Alert Conditions:
Histogram crossing above zero (potential bullish momentum shift)
Histogram crossing below zero (potential bearish momentum shift)
Usage:
This tool helps traders understand relative strength concepts through visual histogram representation. The zero-line crossovers can indicate momentum shifts in the security relative to the chosen benchmark index.
ma rationing🧠 MA Rationing Indicator – Multi-Averaged Momentum + Divergence Zones
This script blends various moving average ratios (SMA, EMA, WMA, RMA) to create a smoothed and zero-centered momentum oscillator. Its goal is to highlight shifts in trend strength and spot possible divergences confirmed by volume.
🔍 Key Features:
• MA Ratio Core: Composite of multiple MA types across a short vs. long smoothing window, plotted against zero for trend clarity.
• Visual Acceleration Markers: Circle color intensity reflects momentum acceleration or deceleration.
• Volume-Supported Divergence: Highlights when price diverges from momentum and volume supports the signal.
• RSI Zone Highlighting: Dynamically draws boxes over RSI Overbought/Oversold regions as sentiment zones form.
• Custom Alerts: Includes alerts for zero-line crosses and divergence + volume confirmation.
This tool is designed for users seeking to combine price action, momentum, and volume into one clear visualization. It does not provide direct trade signals and should be used alongside your broader analysis.
Divergences HeatmapWhen the price is around a support or resistance zone, look for any divergences. Ignore any signals if the price is ranging.
Dex Stoch RSI + WaveTrend Dots [Enhanced]Wave indicator with RSI and dots signaling. dots signals when its over bought or over sold but it also follows the rsi trend when bullish or bearish momentum is coming.
Range Breakout [sgbpulse]Range Breakout
1. Overview
The "Range Breakout " indicator is a powerful tool designed to identify and visually display price ranges on your chart using pivot points. It dynamically draws two distinct boxes – an External Range and an Internal Range – helping traders pinpoint potential support and resistance zones. Beyond its visual representation, the indicator offers a comprehensive set of 12 unique breakout alerts, providing real-time notifications for significant price movements outside these defined ranges. Additionally, it integrates RSI and MFI metrics for momentum confirmation.
2. How It Works
The indicator operates by identifying pivot points based on user-defined "left" and "right" bar lengths. A high pivot is a bar with a specified number of lower highs both to its left and right, and similarly for a low pivot.
External Range: Calculated using longer pivot lengths (default: 15 bars left, 6 bars right). This range represents broader, more significant price consolidation areas.
Internal Range: Calculated using shorter pivot lengths (default: 4 bars left, 3 bars right). This range captures tighter, more immediate price consolidations within the broader trend.
The External Range will always be greater than or equal to the Internal Range, as it's based on a wider historical context. Both ranges are displayed as transparent boxes on your chart, dynamically adjusting as new pivots are formed.
3. Key Features and Settings
Customizable Pivot Lengths:
External Range (Left/Right Bars): Adjust sensitivity for identifying the broader price range. Longer lengths lead to more stable, but less frequent, range updates.
Internal Range (Left/Right Bars): Adjust sensitivity for the tighter, more immediate price range.
Tool Tips: Minimum 6 bars for the External Range, and minimum 2 bars for the Internal Range.
Customizable Range Colors: Easily change the background colors of the External and Internal Range boxes to match your chart's aesthetic.
Dynamic Range Display: The indicator automatically updates the range boxes as new pivot highs and lows are formed, always presenting the most current valid ranges.
RSI / MFI Settings:
Timeframe Source: Select the timeframe for RSI and MFI calculation.
- Chart: Calculation based on the current chart timeframe.
- Daily: Always calculated based on the daily ("D") timeframe, even if the chart is on a lower timeframe.
RSI Length: Period length for RSI calculation (default: 14).
RSI Overbought Level: Overbought level for RSI (default: 70.0).
RSI Oversold Level: Oversold level for RSI (default: 30.0).
MFI Length: Period length for MFI calculation (default: 14).
MFI Overbought Level: Overbought level for MFI (default: 80.0).
MFI Oversold Level: Oversold level for MFI (default: 20.0).
4. Synergy of Ranges & Breakout Strength
The interaction between the External and Internal Ranges provides deep insights into price movement and breakout strength:
Immediate Direction: The movement of the Internal Range (up or down) indicates the short-term directional bias within the broader framework of the External Range.
Strength Confirmation: A breakout of the External Range, followed by a breakout of the Internal Range, confirms the strength of the move and increases confidence in the breakout.
Strong Momentum ("Leaving" Ranges Behind): When price breaks out with exceptionally strong momentum, it continues to move aggressively and does not immediately form new pivots. In such situations, the existing ranges (External and Internal) remain in place while the candles "leave them behind." A "Full Candle" breakout, where the entire candle moves past both ranges, indicates a particularly powerful and decisive move.
Momentum (RSI / MFI) as Confirmation:
- RSI (Relative Strength Index): Measures the speed and change of price movements. Extreme values (above 70 or below 30) indicate overbought/oversold conditions respectively, confirming strong momentum in a breakout.
- MFI (Money Flow Index): Similar to RSI but incorporates volume. Extreme values (above 80 or below 20) indicate strong money flow in/out, reinforcing breakout confirmation.
- Importance of Confirmation: If a breakout occurs but momentum indicators do not confirm it (for example, an upside breakout while RSI is declining), this could signal weakness in the move and the risk of a false breakout (Fakeout).
5. Visuals
The indicator provides clear visual representations on the chart:
Range Boxes:
Two dynamic boxes are drawn on the chart: one for the External Range and one for the Internal Range.
These boxes update continuously, displaying the current range boundaries based on the latest pivots. They provide an immediate visual indication of support and resistance levels.
RSI/MFI Status Labels:
Small text labels appear to the right of the current bar, vertically centered.
They display the status of RSI and MFI: RSI OB (Overbought), RSI OS (Oversold), MFI OB, MFI OS, along with the exact value.
Important: The labels remain on the chart as long as the condition holds (indicator is above/below the level), unlike alerts which mark a singular crossover event.
Plotting of Key Values:
The indicator plots six invisible series on the chart, primarily to allow the user to view the exact numerical values of:
- The upper and lower bounds of the External Range (External High, External Low).
- The upper and lower bounds of the Internal Range (Internal High, Internal Low).
- The calculated RSI and MFI values (RSI, MFI).
These values are accessible for viewing through TradingView's Data Window and also via the Status Line when hovering over the relevant candle. This enables more precise quantitative analysis of range levels and momentum.
6. Comprehensive Breakout Alerts
The "Range Breakout " indicator provides 12 distinct alert conditions for breakouts, allowing you to select the required level of confirmation for each alert. All alerts are triggered only upon a fully confirmed bar close (barstate.isconfirmed) to minimize false signals and ensure reliability.
All breakout alerts are configured to detect a Crossover/Crossunder of the levels, meaning a specific event where the price moves from one side of the range to the other.
External Range Breakout UP
- Close: Price closes above the External Range.
- Real Body: The entire "real body" of the candle (min of open/close prices) closes above the External Range.
- Full Candle: The entire candle (the lowest point of the candle) closes above the External Range.
External Range Breakout DOWN
- Close: Price closes below the External Range.
- Real Body: The entire "real body" of the candle (max of open/close prices) closes below the External Range.
- Full Candle: The entire candle (the highest point of the candle) closes below the External Range.
Internal Range Breakout UP
- Close: Price closes above the Internal Range.
- Real Body: The "real body" of the candle closes above the Internal Range.
- Full Candle: The entire candle closes above the Internal Range.
Internal Range Breakout DOWN
- Close: Price closes below the Internal Range.
- Real Body: The "real body" of the candle closes below the Internal Range.
- Full Candle: The entire candle closes below the Internal Range.
7. Ideal Use Cases
This indicator is ideal for traders who:
Want to clearly identify and monitor price consolidation zones.
Seek confirmation for breakout strategies across various timeframes.
Require reliable and automated alerts for potential entry or exit points based on range expansion.
8. Complementary Indicator
For even more comprehensive market analysis, we highly recommend using this indicator in conjunction with Market Structure Support & Resistance External/Internal & BoS .
This powerful complementary indicator automatically and accurately identifies significant support and resistance levels by locating high and low pivot points, as well as key Pre-Market High/Low levels. Its strength lies in its dynamic adaptability to any timeframe and asset, providing precise and relevant real-time levels while maintaining a clean chart. It also identifies Break of Structure (BoS) to signal potential trend changes or continuations.
Using both indicators together provides a robust framework for identifying defined ranges and potential trend shifts, enabling more informed trading decisions.
View Market Structure Support & Resistance External/Internal & BoS Indicator
9. Important Note: Trading Risk
This indicator is intended for educational and informational purposes only and does not constitute investment advice or a recommendation for trading in any form whatsoever.
Trading in financial markets involves significant risk of capital loss. It is important to remember that past performance is not indicative of future results. All trading decisions are your sole responsibility. Never trade with money you cannot afford to lose.
Chaikin Oscillator Enhanced📊 What Is the Chaikin Oscillator?
The Chaikin Oscillator is a momentum indicator that helps traders understand the strength of buying and selling pressure in the market, based on volume and price movement.
It is calculated as the difference between two moving averages (short-term and long-term) of the Accumulation/Distribution Line (A/D Line). This line combines price and volume to show whether money is flowing into or out of an asset.
________________________________________
🧠 Simple Concept
• When big traders are buying, they usually do so with volume support—the Chaikin Oscillator picks this up.
• When volume is rising but price is falling, or vice versa, it shows hidden strength or weakness.
So, this indicator helps you see what the smart money is doing, even if the price isn’t moving much.
________________________________________
🛠️ How It Works
• Oscillator Value Above Zero → More buying pressure (bullish).
• Oscillator Value Below Zero → More selling pressure (bearish).
• Crossing above zero → A potential buy signal.
• Crossing below zero → A potential sell signal.
The histogram (vertical bars) in the indicator changes color:
• Green bars = Positive momentum.
• Red bars = Negative momentum.
________________________________________
🎯 How Traders Use It for Entry and Exit
✅ For Entries:
• Buy Entry: When the oscillator crosses above the zero line and the bars turn green, it means buyers are stepping in with volume.
• For better confirmation, combine it with price breaking above a resistance level.
❌ For Exits or Shorts:
• Sell Exit or Short Entry: When the oscillator crosses below the zero line and bars turn red, it suggests selling pressure is growing.
• If the price is also below support, it’s a stronger signal.
________________________________________
🔍 Example Use Case:
1. You’re watching a stock or crypto that's been going sideways.
2. Suddenly, the Chaikin Oscillator crosses above zero, and green bars appear.
3. That’s your early clue that big buyers might be entering.
4. If price confirms this with a breakout, you can enter a long position.
________________________________________
🌐 Where Is It Useful?
The Chaikin Oscillator is great for:
• Stocks (especially volume-heavy large caps)
• ETFs
• Cryptocurrency (on exchanges that provide volume data)
• Forex – less reliable unless volume is proxy-based
⚠️ Important: It won’t work well on instruments where volume data is missing or unreliable (like some CFDs or synthetic assets).
________________________________________
🧭 Pro Tips for Using It:
• Combine it with support/resistance, moving averages, or candlestick patterns.
• Avoid trading only based on this indicator—use it as confirmation.
• Use the alerts (added in the script) so you don’t miss key movements.
________________________________________
Volatility Zones (STDEV %)This indicator calculates and visualizes the relative price volatility of any asset, expressed as a percentage of standard deviation over a rolling window.
🧠 How it works:
- Calculates rolling standard deviation of price (close) as a percentage of the current price.
- Classifies market into three volatility regimes :
• Low Volatility (≤2%) → Blue zone
• Medium Volatility (2–4%) → Orange zone
• High Volatility (>4%) → Red zone
📊 Why it matters:
Volatility structure reflects the underlying regime of the market — ranging, expanding, or trending. This tool helps traders:
- Spot optimal low-risk entry conditions
- Avoid chop zones or highly erratic moves
- Time breakouts or trend initiations
🛠 Usage:
- Works on any timeframe and instrument
- Adjustable lookback period
- Best used alongside trend filters or entry signals (e.g., SuperTrend, EMAs, etc.)
MOD_CM_MacD_Ult_MTF_V2.1Basato su “CM_MacD_Ult_MTF_V2.1” di @chadmaurice (CM)
Aggiunto timeframe 2g,3g,4g
Siyonacci-CheapResult:
Single line %K → colors change depending on the signal
Overbought and oversold zones are indicated by levels 80–20
Orange color appears in indecisive signals
Crypto Narratives: Relative Strength V2Simple Indicator that displays the relative strength of 8 Key narratives against BTC as "Spaghetti" chart. The chart plots an aggregated RSI value for the 5 highest Market Cap cryopto's within each relevant narrative. The chart plots a 14 period SMA RSI for each narrative.
Functionality:
The indicator calculates the average RSI values for the current leading tokens associated with ten different crypto narratives:
- AI (Artificial Intelligence)
- DeFi (Decentralized Finance)
- Memes
- Gaming
- Level 1 (Layer 1 Protocols)
- AI Agents
- Storage/DePin
- RWA (Real-World Assets)
- BTC
Usage Notes:
The 5 crypto coins should be regularly checked and updated (in the script) by overtyping the current values from Rows 24 - 92 to ensure that you are using the up to date list of highest marketcap coins (or coins of your choosing).
The 14 period SMA can be changed in the indicator settings.
The indicator resets every 24 hours and is set to UTC+10. This can be changed by editing the script line 19 and changing the value of "resetHour = 1" to whatever value works for your timezone.
There is also a Rate of Change table that details the % rate of change of each narrative against BTC
Horizontal lines have been included to provide an indication of overbought and oversold levels.
The upper and lower horizontal line (overbought and oversold) can be adjusted through the settings.
The line width, and label offset can be customised through the input options.
Alerts can be set to triggered when a narrative's RSI crosses above the overbought level or below the oversold level. The alerts include the narrative name, RSI value, and the RSI level.
Price × Volume Momentum (FSTO / RSI / Avg)decided to combine my PXVS and PXVR in to one script. user has the option to use FSTO, RSI, or the average between the two oscillators.
the oscillator components have been modified to range from -100 to +100 to express directional magnitude.
volume remains 0 to 100, so it can function as a direction-neutral amplifier.
The result is a bi-directional composite oscillator that:
>> Emphasizes congruent signals (e.g., strong price direction with strong volume).
>> Minimizes misleading or incongruent signals from high volume paired with neutral or conflicting price movement.
Ideal for identifying high-conviction breakouts and momentum divergences with volume support.
Relative Strength Suite [BLC]📊 Relative Strength Suite
A powerful, all-in-one relative strength toolkit for traders and analysts. Whether you're a trend follower, momentum trader, or sector rotator, this script gives you the flexibility to analyze and screen assets using three distinct RS methodologies—all in one clean interface.
🔍 What It Does
Flexible Relative Strength allows you to compare any asset to a benchmark (like SP:SPX , NASDAQ:QQQ , AMEX:IWM , etc.) using one of four modes:
📈 Relative Strength – Classic price ratio comparison
📘 Dorsey Relative Strength – Smoothed trend-based RS using EMA
📒 Mansfield Relative Strength – Momentum-based RS normalized to its own average
🧮 Screener Mode – Load Indicator into Pine Screener to see all 3 values.
🛠️ Key Features & Settings
🧩 Relative Strength
Comparison Symbol: Select the ticker you want to use as a benchmark.
Highlights new highs/lows in Relative Strength with dynamic line coloring:
🟢 Green = New high (outperformance)
🔴 Red = New low (underperformance)
Optional moving average overlay (SMA, EMA, WMA, HMA) for trend smoothing.
✅ Use Case: Identify when a stock is gaining strength relative to the market or sector.
📘 2. Dorsey RS (Smoothed Trend)
Uses an EMA of the RS ratio to smooth out noise.
Rising Dorsey RS = consistent outperformance.
Falling Dorsey RS = consistent underperformance.
✅ Use Case: Spot long-term relative trends regardless of price volatility.
📒 3. Mansfield RS (Performance Momentum)
Compares RS ratio to its own long-term SMA (default 200).
Values above 0 = outperforming the benchmark.
Values below 0 = underperforming.
✅ Use Case: Ideal for momentum traders and Stan Weinstein-style stage analysis.
🧮 4. Screener Mode
Not for use on your chart. This is only to use in TradingView's Pine Screener.
Displays all three RS lines simultaneously.
Includes all 3 modes to act as screener signals
🛠️How to Use Screener Mode
Add this indicator to your favorites list.
Open Pine Screener and select this indicator.
Select your timeframe.
Click Settings & Change Strength Type to Screener > Click Apply
Hit Scan!
New High Low Signal: Finds stocks making a new RS high (1) or low (-1) over your lookback period.
Dorsey Trend Signal: Finds stocks where the smoothed RS trend is rising (1) or falling (-1).
Mansfield Zone Signal: Finds stocks where momentum is in the positive zone (1) or negative zone (-1)
✅ Use Case: Quickly scan multiple assets for relative strength breakouts, trend shifts, or momentum zones.
🧪 Pro Tip
Combine this indicator with volume, price structure, or moving averages to confirm breakouts and trend strength. Use Screener Mode on a watchlist to identify top RS candidates in seconds.
To clean up your screener table, click the column settings icon ( ⋮ ) and uncheck any columns you don't need to see. You can still filter by them even if they are hidden.
📝 Credits & Notes
Inspired by classic RS methods (including Dorsey and Mansfield).
Final, production-ready version with tooltips, labels, and screener outputs.
For educational and informational purposes—always test before live trading!
Let me know if you see any bugs, miscalculations, or any features you'd like to see added to it!
(STC) with Buy/Sell
PS! This is ment to be used as compliment and confirmation for indicator "UT Bot + LinReg Candles (Dual Sensitivity) by PDK1977
Schaff Trend Cycle (STC) Oscillator with Buy/Sell Signals
The Schaff Trend Cycle (STC) is a fast and reliable oscillator developed by Doug Schaff, designed to improve on traditional cycle indicators like MACD and Stochastic. The STC indicator helps you identify trend direction, potential reversals, and entry/exit points with greater speed and accuracy.
Key Features:
Clear, Color-Coded Line: The STC line turns green when rising and red when falling, making trend changes easy to spot.
Buy/Sell Signals:
Buy: When the STC line crosses up over the 25 level, a green triangle appears, suggesting bullish momentum.
Sell: When the STC line crosses down under the 75 level, a red triangle appears, highlighting potential bearish momentum.
Levels: 25 and 75 are highlighted to mark overbought and oversold regions.
Separate Pane: Designed to be displayed in its own subwindow below the main chart, keeping your price action clean and uncluttered.
How to Use:
Buy Signal: Watch for the STC to cross above 25 for possible long entries.
Sell Signal: Watch for the STC to cross below 75 for possible short entries.
The indicator works on all timeframes and is suitable for trending markets, swing trading, and scalping strategies.
Tip: Combine STC signals with other trend or volume indicators for added confirmation and more robust trading decisions.
RSI Multi-Timeframe Dashboard by giua64)### Summary
This is an advanced dashboard that provides a comprehensive overview of market strength and momentum, based on the Relative Strength Index (RSI) analyzed across 6 different timeframes simultaneously (from 5 minutes to the daily chart).
The purpose of this script is to offer traders an immediate and easy-to-read summary of market conditions, helping to identify the prevailing trend direction, overbought/oversold levels, and potential reversals through divergence detection. All of this is available in a single panel, eliminating the need to switch timeframes on your main chart.
### Key Features
* **Multi-Timeframe Analysis:** Simultaneously monitors the 5m, 15m, 30m, 1H, 4H, and Daily timeframes.
* **Scoring System:** Each timeframe is assigned a score based on multiple RSI conditions (e.g., above/below 50, overbought/oversold status, direction) to quantify bullish or bearish strength.
* **Aggregated Signal:** The dashboard calculates a total percentage score and provides a clear summary signal: **LONG**, **SHORT**, or **WAIT**.
* **Divergence Detection:** Automatically identifies Bullish and Bearish divergences between price and RSI for each timeframe.
* **Non-Repainting Option:** In the settings, you can choose to base calculations on the close of the previous candle (`Use RSI on Closed Candle`). This ensures that past signals (like status and score) do not change, providing more reliable data for analysis.
* **Fully Customizable:** Users can modify the RSI period, overbought/oversold thresholds, divergence detection settings, and the appearance of the table.
### How to Read the Dashboard
The table consists of 6 columns, each providing specific information:
* **% (Total Score):**
* **Header:** Shows the overall strength as a percentage. A positive value indicates bullish momentum, while a negative value indicates bearish momentum. The background color changes based on intensity.
* **Rows:** Displays the numerical score for the individual timeframe.
* **RSI:**
* **Header:** The background color indicates the average of all RSI values. Green if the average is > 50, Red if < 50.
* **Rows:** Shows the real-time RSI value for that timeframe.
* **Signal (Status):**
* **Header:** This is the final operational signal. It turns **🟢 LONG** when bullish strength is high, **🔴 SHORT** when bearish strength is high, and **⚪ WAIT** in neutral conditions.
* **Rows:** Describes the RSI status for that timeframe (e.g., Bullish, Bearish, Overbought, Oversold).
* **Dir (Direction):**
* **Header:** Displays an arrow representing the majority direction across all timeframes.
* **Rows:** Shows the instantaneous direction of the RSI (↗️ for rising, ↘️ for falling).
* **Diverg (Divergence):**
* Indicates if a bullish (`🟢 Bull`) or bearish (`🔴 Bear`) divergence has been detected on that timeframe.
* **TF (Timeframe):**
* Indicates the reference timeframe for that row.
### Advantages and Practical Use
This tool was created to solve a common problem: the need to analyze multiple charts to understand the bigger picture. With this dashboard, you can:
1. **Confirm a Trend:** A predominance of green and a "LONG" signal provides strong confirmation of bullish sentiment.
2. **Identify Weakness:** Red signals on higher timeframes can warn of an impending loss of momentum.
3. **Spot Turning Points:** A divergence on a major timeframe can signal an excellent reversal opportunity.
### Originality and Acknowledgements
This script is an original work, written from scratch by giua64. The idea was to create a comprehensive and visually intuitive tool for RSI analysis.
Any feedback, comments, or suggestions to improve the script are welcome!
**Disclaimer:** This is a technical analysis tool and should not be considered financial advice. Always do your own research and backtest any tool before using it in a live trading environment.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
giua64
borsamercati.it – Educational tools by giua64
Anche su:
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
KT Gaussian Bands🎯 Overview
KT Gaussian Bands is an advanced technical indicator that uses Gaussian-weighted smoothing to create dynamic support and resistance bands. This sophisticated algorithm provides high-quality buy and sell signals by filtering market noise and adapting to price volatility.
🔬 How It Works
The indicator employs a Gaussian weighting function to smooth price data, creating more accurate trend detection compared to traditional moving averages. The algorithm calculates:
Dynamic Upper Band (Resistance Level)
Dynamic Lower Band (Support Level)
Adaptive Signal Generation based on price interaction with bands
📊 Key Features
✨ Smart Signal Generation
🔺 BUY Signal: When price crosses below the lower band and bounces back up
🔻 SELL Signal: When price crosses above the upper band and drops back down
Real-time arrows displayed directly on the chart
⚙️ Customizable Parameters
Bandwidth (h): Controls the smoothness of the calculation (Default: 8.0)
Multiplier: Adjusts the sensitivity of the bands (Default: 3.0)
Source: Choose your preferred price source (Default: Close)
Repainting Mode: Toggle between real-time and historical accuracy
🎨 Visual Elements
Color-coded bands (Teal for upper, Red for lower)
Clear arrow signals for entry/exit points
Clean dashboard showing current mode status
📈 Trading Applications
Best Timeframes
Works effectively on all timeframes
Particularly strong on 15M, 1H, and 4H charts
Daily charts for swing trading setups
Trading Strategies
Trend Following: Use signals in the direction of the major trend
Mean Reversion: Trade bounces off the bands in ranging markets
Breakout Confirmation: Validate breakouts with band penetration
Risk Management
Use stop-loss below/above the opposite band
Position size based on band width (wider = higher volatility)
Combine with other indicators for confirmation
⚠️ Important Notes
Repainting Mode
Enabled: Shows the most accurate current analysis (may change on live bars)
Disabled: Historical signals remain fixed (recommended for backtesting)
Best Practices
Don't trade every signal - wait for high-probability setups
Consider market context and overall trend direction
Use proper risk management on every trade
Backtest on your preferred timeframes before live trading
🔧 Settings Guide
Bandwidth (8.0): Lower = More responsive, Higher = Smoother
Multiplier (3.0): Lower = More signals, Higher = Fewer but stronger signals
Repainting: Enable for live analysis, Disable for backtesting
📊 Performance Characteristics
Low Lag: Responds quickly to price changes
Noise Reduction: Filters out false signals effectively
Adaptive: Automatically adjusts to market volatility
Versatile: Works across different market conditions
🎓 Educational Value
This indicator demonstrates advanced mathematical concepts in trading:
Gaussian distribution applications in finance
Dynamic volatility adjustment
Weighted moving average techniques
⭐ Why Choose KT Gaussian Bands?
Mathematically Sound: Based on proven statistical methods
User-Friendly: Clear signals with minimal complexity
Flexible: Adapts to your trading style and timeframe
Reliable: Consistent performance across market conditions
Disclaimer: This indicator is for educational and informational purposes only. Always use proper risk management and never risk more than you can afford to lose. Past performance does not guarantee future results.
Low Price RSI CrossoverThis Pine Script indicator is a Multi-Timeframe Low RSI Crossover system that combines three key filtering criteria to identify high-probability buy signals. Here's what it does:
Core Concept
The indicator only generates buy signals when all three conditions are met simultaneously:
Price at Multi-Period Low: Current price must be at or near the lowest point within your selected timeframe (1 week to 5 years, or custom)
RSI Momentum Shift: The smoothed RSI must cross above its signal line (EMA), indicating upward momentum
Below Threshold Entry: Both the RSI and its signal line must be below your threshold level (default 50) when the crossover occurs
Key Features
RSI Smoothing: Uses Hull Moving Average (HMA) to smooth the raw RSI, reducing noise and false signals while maintaining responsiveness.
Flexible Timeframes: Choose from predefined periods (1W, 2W, 3W, 1M, 2M, 3M, 6M, 9M, 1Y, 2Y, 3Y, 5Y) or set a custom number of bars.
Visual Feedback:
Plots the smoothed RSI (blue line) and its signal line (red line)
Shows threshold and overbought levels
Highlights signal bars with green background
Displays tiny green triangles at signal points
Real-time status table showing all conditions
Trading Logic
This is essentially a mean-reversion strategy that waits for:
Price to reach significant lows (value zone)
Momentum to start shifting upward (RSI crossover)
Entry from oversold/neutral territory (below 50 RSI)
Why This Works
By requiring price to be at multi-period lows, you avoid buying during downtrends or sideways chop. The RSI crossover confirms that selling pressure is starting to ease, while the threshold filter ensures you're not buying into overbought conditions.
The combination of these filters should significantly reduce false signals compared to using any single indicator alone.
Gabriel's Relative Strength IndexGabriel’s RSI—The Reinvention of Relative Strength
Not your average RSI.
This is a fully reengineered Relative Strength Index that merges the power of advanced signal processing, adaptive smoothing, volume dynamics, and intelligent divergence detection into a single, modular toolkit designed for precision trading across all markets.
Whether you’re scalping crypto, swing trading equities, or dissecting futures contracts—Gabriel’s RSI adapts to your strategy with unrivaled control and clarity.
1. RSI Settings
RSI Length (Jurik): Set to 51 by default to mimic a 21-period standard RSI when Jurik smoothing is applied. Adjust lower (e.g., 22) to mimic a 9-period RSI.
RSI Source: The default is hlc3 for smoother RSI inputs. Can be changed to any price-based series (close, open, etc.) for customization.
2. RSI Smoothing Options
MA Type: Smoothing applies to both RSI and its MA overlay simultaneously. I used to use the 56 EMA RSI, and it works well too.
JMA: Best for adaptive recursive smoothing. A power of 2 and a phase of 50 are used.
T3: Smooth and lag-reduced, suitable for trend detection. The alpha is 0.7.
SMA + Bollinger Bands: Adds deviation-based envelopes for volatility spotting.
MA Length: Affects how smooth or reactive the RSI signal is.
BB StdDev: Only relevant if BBs are used. Controls bandwidth for overbought/oversold zones.
3. MACD Settings
Fast/Slow Length: Defaults (21/81) optimized for smoother MACD with SMA or T3. For Algo trading, EMA/JMA is best.
Signal Length: Shorter (e.g., 2) gives more reactive crossover signals, it can be increased.
Source: Default is close. Close works best for the settings I input.
MA Types: JMA and EMA reduce noise and increase signal generation. Select SMA for simplicity or T3 for trend-following.
Histogram: Bar colors signal strength and trend of MACD directly on your chart.
4. Directional Movement Index (DMI)
ADX Smoothing: High values (e.g., 100) offer strong trend confirmation with Hann Window smoothing.
DI Length: Affects DI+/- sensitivity. 100 ADX - 12 DI or 15 ADX - 35 DI are suggested, the latter for quicker boot time, as 100 bars is quite long.
Smoothing Type: Choose Hann Window for refined smoothing; RMA (SMMA) for simplicity.
Volatility Type: ATR includes gaps; ADR is useful for gapless strategies.
Plotted as area fills, 0 to 100 scaled.
5. Volume Z-Score
%R Length: Normalizes volume to percentile range (73 swing, 112 exhaustion).
Z-Score Lengths: Compares short-term and long-term volume trends with Z-scores of volume.
Fast Z-Score < Slow Z-Score = Gives a Volume Squeeze.
Fast MA > Slow MA = Bullish Volume Divergence; volume has been fired. Not via Z-score, but instead via SMA, ALMA, and RMA of volume.
WPR Volume: Weighted %R used to highlight exhaustion/pivot points.
Plot volume bars after a volume squeeze has been fired; if bars aren't plotted, then it's under squeeze. Backtest on ES1! Prove it's good for catching bottoms below 15 minutes as well.
6. Divergence Engine
Pivot Settings: Pivot Period (12), Divergence minval Lookback (5), and max Lookback Bars (100) control sensitivity. Works well on any asset class; these are the optimal settings for the RSI.
Source Options: RSI, MACD, ADX, DI difference, or Volume %R.
Divergence Type:
Regular: Classic reversal signals.
Hidden: Continuation signals.
Heikin Ashi Mode: Enables use of HA candles on normal charts for smoother pivots. May distort values if your chart is H.A. so leave it unchecked then.
7. Squeeze Momentum (SQZMOM)
Squeeze Types:
Wide (Black): Regular compression
Normal (Red), Regular Squeeze
Narrow (Yellow), Golden Squeeze
Very Narrow (Purple) Extreme compression
Fired (Green): Breakout detected
Plotted as circles on the bottom of my indicator.
Momentum Bar Colors:
Cyan: Rising momentum
Blue: Pullback within uptrend
Red: Falling momentum
Yellow: Correction within downtrend
Reversal Lines: Dashed lines indicate momentum crossing its Jurik MA (DM-Style Pivots).
Plotted as squares on the top of my indicator.
8. Rate of Change (RoC)
RoC of Momentum: EMA-smoothed RoC on momentum for leading signals. Double smoothed, once and then another time for smoother signals.
Signal Line: JMA used to filter noise and generate reversal signals.
Crossovers: Bullish/bearish signals based on RoC vs signal line are plotted as triangles directly on your chart.
Optimized: Backtested for short-term setups like 1H or faster. Works on Daily timeframes as well for Futures.
9. Multi-Timeframe Squeeze Settings
Each timeframe (Hourly, 4H, Daily, Weekly, Monthly) has:
Reversal Toggle: Enables dashed line DM-Style Pivots on crossovers.
MA Length: For Jurik MA smoothing on momentum.
BB/KC Thresholds: Define squeeze sensitivity per timeframe. A shorter BB/KC length, 17-14-12, responds better on lower timeframes.
Momentum Length: Tailors oscillator responsiveness; 20 is ideal.
10. BB Std. Deviation Scaling
Low-Pass Super Smoother : Smooths (True Range) noise for BBs.
High-Pass Butterworth : Extracts cycles for BB Stdv. blend.
Root Mean Squared : Dynamic BB width adjustment based on market activity.
11. Alerts
RSI: Overbought/oversold reversals. Several types.
MACD: Histogram shift through zero line.
DMI/ADX: Crossovers and strength conditions. The 17 key level is used for the ADX.
Volume: Smart Money alerts on low-volume zones. May concentrate on ICT sessions.
Squeeze: Alerts on all 5 squeeze states.
Momentum: Crosses and reversals.
RoC: Bullish and bearish crosses.
Divergences: Regular, hidden, combined.
12. Visual Output Summary
RSI Line + MA/BBs
MACD Histogram Bar Colors
DMI/ADX as area fills
Volume %R columns
Squeeze Momentum Shapes and Dots
RoC Crossover Arrows
DM-style Breakout Pivots
Divergence Lines and Labels
Best Practices
Watch the slope of the RSI for pullbacks on a strong trend. Combine it with squeeze for exit timing.
Combine RSI Divergence with MACD histogram cross and Squeeze firing for precise entry.
Use Volume Z-Score to filter for institutional activity, and enter Long. Watch for reversals as well.
Watch RoC crossovers for fast, leading signals.
Enable Reversal Lines on 1H+ charts for breakout or breakdown pivots.
Use multi-timeframe thresholds for swing confirmation. The TFs I use the most are 2-5-15 minutes for futures and swinging with 1 hour daily and weekly. Those are the TFs I backtested.
Stochastic Money Flow IndexThe Stochastic Money Flow Index (or Stochastic MFI ), is a variation of the classic Stochastic RSI that uses the Money Flow Index (MFI) rather than the Relative Strength Index (RSI) in its calculation.
While the RSI focuses solely on price momentum, the MFI is a volume-weighted indicator, meaning it incorporates both price and volume data.
The Stochastic MFI is intended to provide a more precise and sensitive reading of the MFI by measuring the level of the MFI relative to its range over a specific period.
Settings
Stochastic Settings
%K Length : The number of periods used to calculate the Stochastic. (Default: 14)
%K Smoothing : The SMA length used to 'smooth' the %K line. (Default: 3)
%D Smoothing : The SMA length used to 'smooth' the %D line. (Default: 1)
Money Flow Index Settings
MFI Length : The number of periods used to calculate the Money Flow Index. (Default: 14)
MFI Source : The source used to calculate the Money Flow Index. (Default: close)
Additional Settings
Show Overbought/Oversold Gradients? : Toggle the display of overbought/oversold gradients. (Default: true)
Price x Vol RSIAn enhanced RSI indicator that integrates the RSI of volume as a conviction amplifier.
This script modifies the RSI to range from −1 to +1, allowing it to express directional momentum. Volume RSI remains in the range of 0 to +1, serving as a direction-neutral amplifier.
The result is a bi-directional composite RSI that:
>> Emphasizes congruent signals (e.g., strong price direction with strong volume).
>> Minimizes misleading signals from high volume paired with neutral or conflicting price movement.
Ideal for identifying high-conviction breakouts and momentum divergences with volume support.
the plot fill increases in color when the plot approaches zero, then reverses away from zero, and resets on a zero-cross.
check out my other script, the PXVS, which is what this RSI script was based on. it uses similar logic as this script, but with FSTO %K instead of RSI
Divergence Screener [Trendoscope®]🎲Overview
The Divergence Screener is a powerful TradingView indicator designed to detect and visualize bullish and bearish divergences, including hidden divergences, between price action and a user-selected oscillator. Built with flexibility in mind, it allows traders to customize the oscillator type, trend detection method, and other parameters to suit various trading strategies. The indicator is non-overlay, displaying divergence signals directly on the oscillator plot, with visual cues such as lines and labels on the chart for easy identification.
This indicator is ideal for traders seeking to identify potential reversal or continuation signals based on price-oscillator divergences. It supports multiple oscillators, trend detection methods, and alert configurations, making it versatile for different markets and timeframes.
🎲Features
🎯Customizable Oscillator Selection
Built-in Oscillators : Choose from a variety of oscillators including RSI, CCI, CMO, COG, MFI, ROC, Stochastic, and WPR.
External Oscillator Support : Users can input an external oscillator source, allowing integration with custom or third-party indicators.
Configurable Length : Adjust the oscillator’s period (e.g., 14 for RSI) to fine-tune sensitivity.
🎯Divergence Detection
The screener identifies four types of divergences:
Bullish Divergence : Price forms a lower low, but the oscillator forms a higher low, signaling potential upward reversal.
Bearish Divergence : Price forms a higher high, but the oscillator forms a lower high, indicating potential downward reversal.
Bullish Hidden Divergence : Price forms a higher low, but the oscillator forms a lower low, suggesting trend continuation in an uptrend.
Bearish Hidden Divergence : Price forms a lower high, but the oscillator forms a higher high, suggesting trend continuation in a downtrend.
🎯Flexible Trend Detection
The indicator offers three methods to determine the trend context for divergence detection:
Zigzag : Uses zigzag pivots to identify trends based on higher highs (HH), higher lows (HL), lower highs (LH), and lower lows (LL).
MA Difference : Calculates the trend based on the difference in a moving average (e.g., SMA, EMA) between divergence pivots.
External Trend Signal : Allows users to input an external trend signal (positive for uptrend, negative for downtrend) for custom trend analysis.
🎯Zigzag-Based Pivot Analysis
Customizable Zigzag Length : Adjust the zigzag length (default: 13) to control the sensitivity of pivot detection.
Repaint Option : Choose whether divergence lines repaint based on the latest data or wait for confirmed pivots, balancing responsiveness and reliability.
🎯Visual and Alert Features
Divergence Visualization : Divergence lines are drawn between price pivots and oscillator pivots, color-coded for easy identification:
Bullish Divergence : Green
Bearish Divergence : Red
Bullish Hidden Divergence : Lime
Bearish Hidden Divergence : Orange
Labels and Tooltips : Labels (e.g., “D” for divergence, “H” for hidden) appear on price and oscillator pivots, with tooltips providing detailed information such as price/oscillator values, ratios, and pivot directions.
Alerts : Configurable alerts for each divergence type (bullish, bearish, bullish hidden, bearish hidden) trigger on bar close, ensuring timely notifications.
🎲 How It Works
🎯Oscillator Calculation
The indicator calculates the selected oscillator (or uses an external source) and plots it on the chart.
Oscillator values are stored in a map for reference during divergence calculations.
🎯Pivot Detection
A zigzag algorithm identifies pivots in the oscillator data, with configurable length and repainting options.
Price and oscillator pivots are compared to detect divergences based on their direction and ratio.
🎯Divergence Identification
The indicator compares price and oscillator pivot directions (HH, HL, LH, LL) to identify divergences.
Trend context is determined using the selected method (Zigzag, MA Difference, or External).
Divergences are classified as bullish, bearish, bullish hidden, or bearish hidden based on price-oscillator relationships and trend direction.
🎯Visualization and Alerts
Valid divergences are drawn as lines connecting price and oscillator pivots, with corresponding labels.
Alerts are triggered for allowed divergence types, providing detailed information via tooltips.
🎯Validation
Divergence lines are validated to ensure no intermediate bars violate the divergence condition, enhancing signal reliability.
🎲 Usage Instructions as Indicator
🎯Add to Chart:
Add the “Divergence Screener ” to your TradingView chart.
The indicator appears in a separate pane below the price chart, plotting the oscillator and divergence signals.
🎯Configure Settings:
Adjust the oscillator type and length to match your trading style.
Select a trend detection method and configure related parameters (e.g., MA type/length or external signal).
Set the zigzag length and repainting preference.
Enable/disable alerts for specific divergence types.
I🎯nterpret Signals:
Bullish Divergence (Green) : Look for potential buy opportunities in a downtrend.
Bearish Divergence (Red) : Consider sell opportunities in an uptrend.
Bullish Hidden Divergence (Lime) : Confirm continuation in an uptrend.
Bearish Hidden Divergence (Orange): Confirm continuation in a downtrend.
Use tooltips on labels to review detailed pivot and divergence information.
🎯Set Alerts:
Create alerts for each divergence type to receive notifications via TradingView’s alert system.
Alerts include detailed text with price, oscillator, and divergence information.
🎲 Example Scenarios as Indicator
🎯 With External Oscillator (Use MACD Histogram as Oscillator)
In order to use MACD as an oscillator for divergence signal instead of the built in options, follow these steps.
Load MACD Indicator from Indicator library
From Indicator settings of Divergence Screener, set Use External Oscillator and select MACD Histograme from the dropdown
You can now see that the oscillator pane shows the data of selected MACD histogram and divergence signals are generated based on the external MACD histogram data.
🎯 With External Trend Signal (Supertrend Ladder ATR)
Now let's demonstrate how to use external direction signals using Supertrend Ladder ATR indicator. Please note that in order to use the indicator as trend source, the indicator should return positive integer for uptrend and negative integer for downtrend. Steps are as follows:
Load the desired trend indicator. In this example, we are using Supertrend Ladder ATR
From the settings of Divergence Screener, select "External" as Trend Detection Method
Select the trend detection plot Direction from the dropdown. You can now see that the divergence signals will rely on the new trend settings rather than the built in options.
🎲 Using the Script with Pine Screener
The primary purpose of the Divergence Screener is to enable traders to scan multiple instruments (e.g., stocks, ETFs, forex pairs) for divergence signals using TradingView’s Pine Screener, facilitating efficient comparison and identification of trading opportunities.
To use the Divergence Screener as a screener, follow these steps:
Add to Favorites : Add the Divergence Screener to your TradingView favorites to make it available in the Pine Screener.
Create a Watchlist : Build a watchlist containing the instruments (e.g., stocks, ETFs, or forex pairs) you want to scan for divergences.
Access Pine Screener : Navigate to the Pine Screener via TradingView’s main menu: Products -> Screeners -> Pine, or directly visit tradingview.com/pine-screener/.
Select Watchlist : Choose the watchlist you created from the Watchlist dropdown in the Pine Screener interface.
Choose Indicator : Select Divergence Screener from the Choose Indicator dropdown.
Configure Settings : Set the desired timeframe (e.g., 1 hour, 1 day) and adjust indicator settings such as oscillator type, zigzag length, or trend detection method as needed.
Select Filter Criteria : Select the condition on which the watchlist items needs to be filtered. Filtering can only be done on the plots defined in the script.
Run Scan : Press the Scan button to display divergence signals across the selected instruments. The screener will show which instruments exhibit bullish, bearish, bullish hidden, or bearish hidden divergences based on the configured settings.
🎲 Limitations and Possible Future Enhancements
Limitations are
Custom input for oscillator and trend detection cannot be used in pine screener.
Pine screener has max 500 bars available.
Repaint option is by default enabled. When in repaint mode expect the early signal but the signals are prone to repaint.
Possible future enhancements
Add more built-in options for oscillators and trend detection methods so that dependency on external indicators is limited
Multi level zigzag support
