Contrarian RSIContrarian RSI Indicator
Pairs nicely with Contrarian 100 MA (optional hide/unhide buy/sell signals)
Description
The Contrarian RSI is a momentum-based technical indicator designed to identify potential reversal points in price action by combining a unique RSI calculation with a predictive range model inspired by the "Contrarian 5 Levels" logic. Unlike traditional RSI, which measures price momentum based solely on price changes, this indicator integrates a smoothed, weighted momentum calculation and predictive price ranges to generate contrarian signals. It is particularly suited for traders looking to capture reversals in trending or range-bound markets.
This indicator is versatile and can be used across various timeframes, though it performs best on higher timeframes (e.g., 1H, 4H, or Daily) due to reduced noise and more reliable signals. Lower timeframes may require additional testing and careful parameter tuning to optimize performance.
How It Works
The Contrarian RSI combines two primary components:
Predictive Ranges (5 Levels Logic): This calculates a smoothed price average that adapts to market volatility using an ATR-based mechanism. It helps identify significant price levels that act as potential support or resistance zones.
Contrarian RSI Calculation: A modified RSI calculation that uses weighted momentum from the predictive ranges to measure buying and selling pressure. The result is smoothed and paired with a user-defined moving average to generate clear signals.
The indicator generates buy (long) and sell (exit) signals based on crossovers and crossunders of user-defined overbought and oversold levels, making it ideal for contrarian trading strategies.
Calculation Overview
Predictive Ranges (5 Levels Logic):
Uses a custom function (pred_ranges) to calculate a dynamic price average (avg) based on the ATR (Average True Range) multiplied by a user-defined factor (mult).
The average adjusts only when the price moves beyond the ATR threshold, ensuring responsiveness to significant price changes while filtering out noise.
This calculation is performed on a user-specified timeframe (tf5Levels) for multi-timeframe analysis.
Contrarian RSI:
Compares consecutive predictive range values to calculate gains (g) and losses (l) over a user-defined period (crsiLength).
Applies a Gaussian weighting function (weight = math.exp(-math.pow(i / crsiLength, 2))) to prioritize recent price movements.
Computes a "wave ratio" (net_momentum / total_energy) to normalize momentum, which is then scaled to a 0–100 range (qrsi = 50 + 50 * wave_ratio).
Smooths the result with a 2-period EMA (qrsi_smoothed) for stability.
Moving Average:
Applies a user-selected moving average (SMA, EMA, WMA, SMMA, or VWMA) with a customizable length (maLength) to the smoothed RSI (qrsi_smoothed) to generate the final indicator value (qrsi_ma).
Signal Generation:
Long Entry: Triggered when qrsi_ma crosses above the oversold level (oversoldLevel, default: 1).
Long Exit: Triggered when qrsi_ma crosses below the overbought level (overboughtLevel, default: 99).
Entry and Exit Rules
Long Entry: Enter a long position when the Contrarian RSI (qrsi_ma) crosses above the oversold level (default: 1). This suggests the asset is potentially oversold and due for a reversal.
Long Exit: Exit the long position when the Contrarian RSI (qrsi_ma) crosses below the overbought level (default: 99), indicating a potential overbought condition and a reversal to the downside.
Customization: Adjust overboughtLevel and oversoldLevel to fine-tune sensitivity. Lower timeframes may benefit from tighter levels (e.g., 20 for oversold, 80 for overbought), while higher timeframes can use extreme levels (e.g., 1 and 99) for stronger reversals.
Timeframe Considerations
Higher Timeframes (Recommended): The indicator is optimized for higher timeframes (e.g., 1H, 4H, Daily) due to its reliance on predictive ranges and smoothed momentum, which perform best with less market noise. These timeframes typically yield more reliable reversal signals.
Lower Timeframes: The indicator can be used on lower timeframes (e.g., 5M, 15M), but signals may be noisier and require additional confirmation (e.g., from price action or other indicators). Extensive backtesting and parameter optimization (e.g., adjusting crsiLength, maLength, or mult) are recommended for lower timeframes.
Inputs
Contrarian RSI Length (crsiLength): Length for RSI momentum calculation (default: 5).
RSI MA Length (maLength): Length of the moving average applied to the RSI (default: 1, effectively no MA).
MA Type (maType): Choose from SMA, EMA, WMA, SMMA, or VWMA (default: SMA).
Overbought Level (overboughtLevel): Upper threshold for exit signals (default: 99).
Oversold Level (oversoldLevel): Lower threshold for entry signals (default: 1).
Plot Signals on Main Chart (plotOnChart): Toggle to display signals on the price chart or the indicator panel (default: false).
Plotted on Lower:
Plotted on Chart:
5 Levels Length (length5Levels): Length for predictive range calculation (default: 200).
Factor (mult): ATR multiplier for predictive ranges (default: 6.0).
5 Levels Timeframe (tf5Levels): Timeframe for predictive range calculation (default: chart timeframe).
Visuals
Contrarian RSI MA: Plotted as a yellow line, representing the smoothed Contrarian RSI with the applied moving average.
Overbought/Oversold Lines: Red line for overbought (default: 99) and green line for oversold (default: 1).
Signals: Blue circles for long entries, white circles for long exits. Signals can be plotted on the main chart (plotOnChart = true) or the indicator panel (plotOnChart = false).
Usage Notes
Use the indicator in conjunction with other tools (e.g., support/resistance, trendlines, or volume) to confirm signals.
Test extensively on your chosen timeframe and asset to optimize parameters like crsiLength, maLength, and mult.
Be cautious with lower timeframes, as false signals may occur due to market noise.
The indicator is designed for contrarian strategies, so it works best in markets with clear reversal patterns.
Disclaimer
This indicator is provided for educational and informational purposes only. Always conduct thorough backtesting and risk management before using any indicator in live trading. The author is not responsible for any financial losses incurred.
Osilatörler
BTC 15M Long SwingerBTC 15M Long Swinger — Multi-Layer Trend and Momentum Confirmation Tool
Overview
BTC 15M Long Swinger is a purpose-built signal and confirmation system designed specifically for Bitcoin intraday traders operating on 15-minute charts. Its main objective is to detect high-conviction bullish setups by combining multiple independent trend engines, volatility structures, and momentum filters. By aligning these diverse dimensions, the tool aims to highlight early and mature LONG opportunities in a clean, actionable format.
What It Does
BTC 15M Long Swinger analyzes BTC price action across four core dimensions:
1. Multi-Layer Trend Detection — Uses three separate ATR-based trend engines with varying sensitivities (short, medium, long), each building dynamic support/resistance structures that adapt in real time. A valid signal requires all trend engines to transition into bullish alignment, minimizing noise and false positives.
2. Volatility Barrier Framework — Constructs ATR-based trend zones that dynamically track volatility, similar to advanced trailing stop techniques. These zones help determine whether price action has genuinely shifted trend or is experiencing a temporary retracement.
3. Momentum Confirmation — Integrates a MACD-derived momentum measure (EMA differential with smoothing) and an RSI filter to confirm whether bullish price action has sufficient strength to sustain a swing move.
4. EMA Validation Layer — Uses fast EMAs (9 and 21) to validate that price has reclaimed short-term bullish structure before signaling, preventing entries during incomplete reversals or consolidations.
How It Works
The indicator requires a strict alignment across all confirmation layers before plotting a signal:
1. All three ATR-based trend engines must transition into a bullish state (i.e., trend flips).
2. The MACD signal must be recovering from negative territory and show rising momentum.
3. RSI smoothing must remain below a defined threshold, indicating momentum reset before an upward move.
4. Price must close above both EMA9 and EMA21, ensuring reclaim of short-term bullish context.
5. Additional filters confirm the candle’s positive close and appropriate symbol/timeframe conditions (BTC pairs only, 15m chart).
Once all criteria are met, a clean BUY label is drawn beneath the bar and an alert is triggered. The signal remains active until price breaks below a dynamically placed support zone (1% below the signal low).
How To Use It
1. Confirm Context:
Always assess the higher timeframe BTC trend to avoid trading against dominant momentum. Use daily or 4-hour charts for context, and 15m chart for precise entries.
2. Act According to Signal Type:
This tool generates only Long Confirmation Signals (trend-following). Enter positions when a fresh signal appears, with a stop loss below the recent low or the dynamic support line aligned with the label position. Avoid countertrend trades when no signal is active.
3. Combine With Risk Management:
Define position sizing and stop loss before entry.
Consider trailing exits if price accelerates favorably after the signal.
Why It Is Unique
1. Multi-Engine Confirmation: Unlike single-indicator approaches, BTC 15M Long Swinger demands alignment across three ATR-based trend engines, EMA validation, and momentum filters before confirming entries.
2. Volatility-Adaptive: Dynamic ATR zones adjust to changing BTC volatility, preventing signals during choppy consolidations.
3. Early Yet Selective: Designed to identify fresh swing phases in their early stages while minimizing false positives.
4. BTC Focused: Optimized for BTC/USDT, BTC/USD, and BTC/USDC pairs in 15-minute intraday trading.
Apply Risk Management
This indicator is not a standalone trading system. Always combine signals with a structured trading plan, appropriate position sizing, and stop losses. Maintain a pre-defined risk/reward profile for each trade.
Timeframe Selection
Optimized exclusively for the 15-minute chart. Using it outside this timeframe is not recommended.
Best Suited For
Intraday BTC traders and active scalpers seeking systematic confirmation for swing long entries.
Important Notes
Signals generated by the BTC 15M Long Swinger are intended to support trading decisions. They do not constitute investment advice and do not guarantee results. Always use additional market analysis and prudent risk management practices.
License
This indicator was developed by the ProphetAlgoAI team. Its use is subject to a private, invite-only TradingView license. Redistribution or usage outside TradingView is strictly prohibited without explicit permission.
Charts Algo Signature Stamp 🖋️
📌 Charts Algo Signature Stamp 🖋️
An elegant and professional chart signature tool to brand your trading ideas, track chart context, and add motivational affirmations to your work.
🔍 What It Does
The Signature Stamp displays a clean, customizable branding box on your chart that includes:
A Main Title (e.g., brand name or username)
A Subtitle (e.g., your trading mantra or values)
The current symbol + timeframe (optional)
The current date (optional)
This creates a polished, professional visual signature—great for screenshots, social sharing, educational content, or simply marking your charts with intention.
⚙️ How to Use It
Once added to your TradingView chart:
Customize Your Stamp:
Go to the indicator’s settings panel.
Under Main Title, enter your brand (e.g., Charts Algo, Trading by Charts Algo 📈).
Under Subtitle, input a personal mantra or values like:
PATIENCE | DISCIPLINE | FEARLESS
(You can change this anytime — see suggestions below.)
Optional Toggles:
Show Symbol – display the ticker symbol and timeframe.
Show Date – include the current date in DD/MM/YYYY format.
Position Settings:
Choose from 9 positions on the screen:
Top Left, Top Center, Top Right
Middle Left, Center, Middle Right
Bottom Left, Bottom Center, Bottom Right
Style Settings:
Set background color (e.g., transparent or muted).
Choose text colors for title, subtitle, and info text.
Adjust font sizes (tiny → huge) for visual hierarchy.
🖋️ Stamp Ideas
Here are some great 5-word signature ideas for your subtitle:
SCAN | PLAN | EXECUTE | DOMINATE | WIN
PATIENCE | DISCIPLINE | FEARLESS | CONTROL | EDGE
MINDSET | STRATEGY | SETUPS | RISK | PROFIT
SMC | FVG | OTE | CE | FLOW
OBSERVE | LEARN | TRADE | IMPROVE | MASTER
Pick the one that best reflects your trading style and mission—or create your own.
✅ Best Uses
Personal branding for social media posts
Visual signature for shared trading ideas
Motivational reminders on your chart
Identifying context (symbol + date) in screenshots
⚠️ Disclaimer
This visual stamp is for branding and educational display only. It does not provide trading signals or financial advice.
Charts Algo and its tools are intended to support analysis, not replace your judgment or due diligence. Always trade responsibly.
Relative Strength IndexRelative Strength Index (mikolajan)
This is a modified built-in Relative Strength Index (RSI) indicator with two lines added to it to add an internal range.
RSI Fusion Pro+🎨 RSI Fusion Pro+ Indicator - Full Description
🌟 Overview
RSI Fusion Pro+ is an advanced RSI-based indicator that combines smoothing techniques, multiple moving averages, and visual enhancements to provide a clearer and more actionable view of market momentum.
🔹 Core Features:
✔ Customizable RSI Smoothing (EMA, SMA, SMMA, WMA, JMA, TMA)
✔ Multiple MA Types (SMA, EMA, Bollinger Bands, VWMA, JMA, TMA)
✔ Neon Glow Effect for better visibility
✔ Gradient Zones for intuitive overbought/oversold detection
✔ Bollinger Bands on RSI for volatility-based signals
✔ Info Panel with key metrics
📊 How It Works
1. Core RSI Calculation
Uses standard RSI formula (Wilder’s smoothing by default).
Optional smoothing (EMA, SMA, etc.) for cleaner signals.
2. Moving Average Options
SMA/EMA – Classic trend-following.
Bollinger Bands – Detects volatility expansion.
JMA (Jurik Moving Average) – Reduces lag for better responsiveness.
TMA (Triple MA) – Extra smoothness for filtering noise.
3. Visual Enhancements
Neon Effect → Makes the RSI line stand out.
Gradient Zones → Soft color transitions between overbought/oversold.
BB Fill → Highlights RSI volatility zones.
🚀 Advantages Over Classic RSI
✅ Fewer False Signals – Smoothing & MA filters reduce whipsaws.
✅ Better Trend Detection – JMA/TMA adapt faster to changes.
✅ Enhanced Readability – Neon & gradients improve visibility.
✅ Volatility Insights – Bollinger Bands on RSI show squeeze conditions.
⚠ Possible Limitations
❌ Smoothing introduces lag (trade-off between smoothness & responsiveness).
❌ Bollinger Bands may widen in volatile markets, requiring adjustment.
❌ Not a standalone system – Best used with trend confirmation.
📖 How to Use
🔵 Basic Signals
Overbought (70+) → Potential reversal/sell zone (especially if RSI crosses down).
Oversold (30-) → Potential reversal/buy zone (especially if RSI crosses up).
Midline (50) → Bullish above, bearish below.
🟡 MA Cross Strategy
RSI > MA → Bullish momentum.
RSI < MA → Bearish momentum.
🔴 Bollinger Bands Strategy
RSI touches upper band → Overextended bullish move.
RSI touches lower band → Overextended bearish move.
Squeeze (bands narrow) → Potential breakout ahead.
🎯 Trading Style Customization
1. Scalping (Fast Trades)
Settings: Short RSI length (8-10), EMA smoothing (fast).
Strategy: Look for quick crosses of 30/70 with tight stops.
2. Swing Trading (Medium-Term)
Settings: Default RSI (14), JMA/TMA for trend filtering.
Strategy: Combine with 50-level crosses for trend confirmation.
3. Position Trading (Long-Term)
Settings: Longer RSI (21-28), SMA/SMMA for smooth signals.
Strategy: Focus on major overbought/oversold levels with BB confirmation.
🎨 Visual Guide
🟣 Purple RSI Line → Smoothed momentum.
🟡 Yellow MA Line → Dynamic trend filter.
🟢 Green BB Zone → Volatility-based range.
🔴 Red Zone (70+) → Overbought.
🔵 Blue Zone (30-) → Oversold.
🔔 Alerts Included
RSI crosses 70 / 30 (overbought/oversold).
RSI crosses 50 (midline shift).
RSI crosses MA (momentum change).
💡 Pro Tips
Combine with price action (e.g., support/resistance for confirmation).
Adjust smoothing based on market (fast = scalping, slow = swing).
Use BB bands in ranging markets, MA cross in trends.
📌 Final Notes
RSI Fusion Pro+ is a versatile upgrade to the classic RSI, blending smoothing, trend filters, and enhanced visuals for better trading decisions. Experiment with settings to match your style!
🚀 Happy Trading! 🚀
❤️ Support This Project
If you find this indicator helpful and want to support future developments, donations are appreciated at:
USDT (TRC20): THFFLEZSpTqapYF6oj9rmuTCQVUXvuz7VS
Your generosity helps maintain and improve free indicators for the trading community!
OI Open Interest Explosion + RSI Pullback Entries🚀 DrScalpLove OI Explosion (Core Exchanges, All USD/USDT/USDC) + RSI Pullback
Welcome to the official #DrScalpLove Open Interest Explosion indicator—your advanced momentum filter for crypto scalping and trend trading!
Features:
• Aggregated Open Interest: Sums up OI across Binance, OKX, Kraken, and BitMEX, covering all major pairs: USDT, USD, and USDC.
• OI Explosion Detection: Identifies “explosive” OI moves with three configurable spike detection algorithms (SMA, EMA, Percentile Rank)—pick your favorite and backtest!
• RSI Pullback Entries: Built-in RSI retest logic for high-probability mean reversion and trend-continuation signals.
• Exchange/Pair Data Table: Instantly see which exchanges and pairs are currently providing data for your chart.
• All calculations on main chart. Minimal, no-nonsense, no repaint, built for 1–5min and higher timeframes.
• Perfect for Copy Trading & Professional Scalpers: Join #DrScalpLove momentum traders or copy my trades directly (see link below)!
⸻
How to Use
1. Add to your chart.
2. Select your exchanges and OI aggregation logic in the indicator settings.
3. Use OI Explosion signals as a trend filter or trigger; combine with RSI Pullback for entry timing.
4. Check the status table to see live data availability for each exchange/pair.
5. Copy my trades or use as a watchlist filter to boost your win rate and avoid choppy zones.
⸻
👑 Follow, Like & Copy Trade
• Copytrade me on Binance: www.binance.com
• X (Twitter): @DrScalpLove2140
• Website: www.drscalplove.com
• Hashtag: #DrScalpLove
⸻
Disclaimer
This indicator is for educational purposes only. Crypto trading involves risk; always manage your exposure and never trade with money you can’t afford to lose.
⸻
**If you find value, smash that Like, Follow, and share with fellow traders!
Let’s scalp the future—together.
#DrScalpLove**
Umile Indicatore – RSI + Stocastico + EMAs🔍 Overview: Multi-Signal Momentum Indicator
This custom TradingView indicator is a comprehensive technical toolkit combining:
RSI (Relative Strength Index)
Stochastic Oscillator with volume filter
Multi-period EMAs (Exponential Moving Averages)
Customizable visual BUY/SELL signals
It’s designed to detect potential momentum shifts, overbought/oversold conditions, and trend alignment, helping traders identify high-probability entries and exits based on layered confirmations.
🧠 Components Explained
✅ 1. RSI Logic
Detects price momentum and potential reversal zones.
Triggers a BUY signal when RSI crosses above a user-defined oversold level.
Triggers a SELL signal when RSI crosses below an overbought threshold.
You can choose the visual symbol (triangle, circle, or arrow) and set the color for each signal.
✅ 2. Stochastic Oscillator + Volume Filter
Identifies turning points based on the relationship between %K and %D lines.
Signals are only valid if:
A crossover occurs (e.g., %K crosses above %D for a BUY)
Price is in an extreme zone (below oversold or above overbought)
Volume is above its moving average — to filter out weak signals.
Also comes with symbol and color customization.
✅ 3. Exponential Moving Averages (EMAs)
Plots multiple EMAs: 50, 100, 144, 200, 300, 500, 1000.
These help assess trend strength and directional bias.
You can toggle the visibility of EMAs if needed.
✅ 4. Visual & Style Customization
Each signal type (RSI and Stochastic) allows:
Selection of plot shape: triangle, circle, or arrow
Custom BUY/SELL colors
Levels like RSI/Stoch overbought and oversold zones are also plotted for reference.
🎯 How to Use It
Look for confluence between RSI and Stochastic signals to validate entries.
Use EMAs as trend filters — e.g., only take long signals when price is above EMA200.
The volume filter on Stochastic helps reduce false signals in low-activity markets.
Folter_TOP_ROMASHKA]The indicator helps to filter out the signals. In the settings, you need to set CCI Length=200.
After that, the probability of processing the TOR Camomile signal is higher if the signal appears at a value of this indicator below or near 0 level.
Z-scored ZLEMA | OquantZ-Scored ZLEMA | Oquant
This indicator combines the Zero-Lag Exponential Moving Average (ZLEMA) with Z-score normalization to present recent ZLEMA values relative to its mean. It helps users observe trend direction and momentum with reduced lag, while also highlighting potential overbought or oversold levels based on how far ZLEMA values deviate from their mean.
🧠 Concept Overview
📉 Zero Lag Exponential Moving Average (ZLEMA)
The EMA is a popular tool that calculates an average price, but unlike a simple moving average, it gives more weight to recent prices. This means the EMA reacts faster to new price changes and is less affected by older data. However, even with this weighting, the EMA still introduces some lag.
ZLEMA improves on the EMA by reducing this lag. It does this by adjusting how it accounts for previous prices, effectively "shifting" the data to better align the average with current market action. The result is an average that stays smooth but responds more quickly to real price changes—helping traders spot turning points or trend shifts earlier without being fooled by random noise.
📏 Z-score Normalization
Once ZLEMA is calculated, the indicator applies Z-score normalization to measure how far the current ZLEMA value is from its mean. The Z-score expresses this difference using standard deviations, providing a clear, standardized scale. This helps highlight when price moves are unusually strong—either upward or downward—beyond normal fluctuations.
🔍 How This Indicator Works
Smooth Price Data with ZLEMA
The indicator begins by applying the Zero-Lag Exponential Moving Average (ZLEMA) to the chosen price data. Unlike a regular moving average, ZLEMA reduces the typical delay by adjusting the input data before averaging. It does this by "shifting" the price series to remove the lag caused by older prices. This way, ZLEMA stays smooth but reacts more quickly to recent price changes—helping the indicator follow market moves faster without being too noisy.
Normalize ZLEMA values Using Z-score
Once ZLEMA is calculated, the indicator applies Z-score normalization to measure how far the current ZLEMA value is from its mean. The Z-score expresses this difference in terms of standard deviations, creating a clear, standardized scale. This helps highlight when price moves are unusually strong—either up or down—beyond normal fluctuations.
Set Signal Thresholds
Two threshold levels are set on the Z-score scale—crossing above the upper threshold is considered a long (buy) signal, indicating bullish momentum, while crossing below the lower threshold is considered a short (sell) signal, indicating bearish momentum.
Show Visual Signals on the Chart
The Z-score and bars are plotted with colors: green when Z-score is above the bullish threshold, purple when Z-score is below the bearish threshold.
⚙️ Customizable Inputs
Source: Choose the price source (close, open, etc.) for calculations.
ZLEMA Length: Adjust the ZLEMA length to control smoothness versus responsiveness.
Z-score period: Set the Z-score period to define how far back the indicator measures normal price behavior.
Thresholds: Adjust the upper and lower thresholds to control how sensitive the indicator is to strong momentum changes.
📈 Practical Use
This indicator helps identify trend directions and changes faster by combining ZLEMA with statistical analysis. It highlights when price moves are stronger than normal, making it easier to spot early signs of momentum shifts. Traders can use it to confirm trends or detect potential reversals with more timely signals.
🔔 Alert Support
This indicator includes optional built-in alert conditions that notify you when the Z-score crosses above the bullish threshold (long signal) or below the bearish threshold (short signal). You can enable these alerts to get timely updates on potential momentum shifts without constantly watching the chart.
⚠️ Disclaimer: This indicator is intended for educational and informational purposes only. Trading/investing involves risk, and past performance does not guarantee future results. Always test and evaluate indicators/strategies before applying them in live markets. Use at your own risk.
Adaptive Trend Filter🔒 IAFL Adaptive Trend Filter – Smart Entry & Exit Tool for All Traders
Description:
This invite-only indicator is designed to offer precision-based trade entries and exits using adaptive trend logic. Rather than simply combining common tools, it integrates market strength and directional confirmation in a customized framework optimized for intraday, swing, and positional trading.
🎯 What Sets This Apart?
🔹 Dynamic Strategy Modes
Traders can toggle between three distinct behavioral modes based on their trading style—intraday, swing, or positional—each optimized to adjust internal decision thresholds, not just display values.
🔹 Filtered Entry System
Buy and Sell signals are only generated when multiple custom-defined trend conditions align, significantly reducing noise and false signals. This makes it particularly useful during volatile or consolidating markets.
🔹 Smart Risk Tools
Includes a built-in module to automatically generate Stop Loss and Take Profit levels using real-time market dynamics or predefined risk-reward rules. This helps users manage trades more consistently.
🔹 Trade Insight Panel
A non-intrusive on-chart panel gives users key details such as:
Latest signal
Stop loss & target levels
Current position status and live P/L
🔹 Non-Repainting Logic
Signals are confirmed and stable. There’s no repainting once a bar closes, ensuring that what users see is what actually happened.
🧠 How to Use It
Ideal for traders who want signal confirmation before acting
Suitable for equities, indices, crypto, or commodities
Can be combined with price action, volume, or multi-timeframe analysis
Works best on trending instruments with adequate volatility
This is a tool for discretionary trading, not an auto-entry system. It’s meant to complement a trader's strategy, not replace it.
❌ No Promotions or External Links
No website links
No contact info
No ads or offers
It is solely intended to provide value to serious traders who are looking for a thoughtful entry-filtering system.
🔐 Why Invite-Only?
This system is not just a mashup of public indicators. It involves:
Proprietary entry/exit logic
Dynamic threshold adjustments under the hood
User interface tools designed for better clarity and discipline
It’s invite-only to ensure that it's used responsibly and by users who understand how to integrate it into their process.
CE Reversal + TSI OB/OS FilterChandelier Exit Reversal + TSI OB/OS Breakout Filter
This script combines the classic Chandelier Exit (CE) strategy with a momentum-based filter using the True Strength Index (TSI). It is designed to improve signal quality by confirming reversal entries with momentum breakouts from overbought/oversold zones.
🔍 Signal Logic
Buy Signal:
Price crosses above the Chandelier Exit line (bullish breakout)
TSI crosses upward from below the oversold level
Sell Signal:
Price crosses below the Chandelier Exit line (bearish breakout)
TSI crosses downward from above the overbought level
✅ Purpose
This filter improves the reliability of reversal entries by requiring confirmation of a momentum shift. It helps eliminate false breakouts by validating CE signals with TSI breakouts.
📊 Use Case
Best used on trending pairs or instruments showing clear structure reversals. The combination of trend-level CE breakouts and momentum confirmation makes it suitable for swing entries or lower-timeframe scalping with directional bias.
📈 Smart Alert System — EMA/MA/Volume/SMC AlertsHere's a detailed description of your custom TradingView **Pine Script v6**:
---
### 📌 **Title**: Smart Alert System — Webhook Ready (with EMA, MA, Volume, and SMC)
This script is designed to **monitor price behavior**, detect important **technical analysis events**, and **send real-time alerts via webhook to a Telegram bot**.
---
## 🔧 SETTINGS
| Setting | Description |
| ----------------------- | ------------------------------------------------------------------------------ |
| `volumeSpikeMultiplier` | Multiplier to determine a volume spike compared to the 20-bar average volume |
| `testAlert` | If `true`, sends a test alert when the indicator is first applied to the chart |
---
## 🔍 COMPONENT BREAKDOWN
### 1. **EMA & MA Calculations**
These indicators are calculated and plotted on the chart:
* **EMAs**: 13, 25, 30, 200 — used for trend and touch detection
* **MAs**: 100, 300 — used for break and retest detection
```pinescript
ema_13 = ta.ema(close, 13)
ema_200 = ta.ema(close, 200)
ma_100 = ta.sma(close, 100)
```
---
### 2. **📈 Volume Spike Detection**
* A volume spike is identified when the current bar's volume is **2x (default)** greater than the 20-period average.
* A red triangle is plotted above such candles.
* A **JSON alert** is triggered.
```pinescript
volSpike = volume > avgVol * volumeSpikeMultiplier
```
---
### 3. **📊 EMA Touch Alerts**
* The script checks if the current close is:
* Within 0.1% of an EMA value **OR**
* Has crossed above/below it.
* If so, it sends an alert with the EMA name.
```pinescript
touch(val, crossed) =>
math.abs(close - val) / val < 0.001 or crossed
```
---
### 4. **📉 MA Break and Retest Alerts**
* A **break** is when price falls **below** a moving average.
* A **retest** is when price climbs **above** the same average after breaking below.
```pinescript
breakBelow(ma) => close > ma and close < ma
```
---
### 5. 🧠 **SMC Alerts (Break of Structure \ & Change of Character \ )**
These follow **Smart Money Concepts (SMC)**. The script identifies:
* **BOS**: New higher high in uptrend or lower low in downtrend
* **CHOCH**: Opposite of trend, e.g. lower low in uptrend or higher high in downtrend
```pinescript
bos = (high > high ) and (low > low ) and (low > low )
choch = (low < low ) and (high < high ) and (high < high )
```
---
### 6. 🧪 Dummy Test Alert (1-time fire)
* Sends a `"✅ Test Alert Fired"` to verify setup
* Executes **once only** after adding the indicator
```pinescript
var bool sentTest = false
if testAlert and not sentTest
```
---
### 7. 🚀 Alert Delivery (Webhook JSON)
All alerts are sent as a JSON payload that looks like this:
```json
{
"pair": "BTCUSD",
"event": "🔺 Volume Spike",
"timeframe": "15",
"timestamp": "2024-06-29T12:00:00Z",
"volume": "654000"
}
```
This format makes it compatible with your **Telegram webhook server**.
---
### 🔔 Alerts You Can Create in TradingView
* Set **Webhook URL** to your `https://xxxx.ngrok-free.app/tradingview-webhook`
* Use alert condition: `"Any alert()`" — because all logic is internal.
* Select **"Webhook URL"** and leave the message body blank.
---
### 🛠️ Use Cases
* Notify yourself on **EMA interaction**
* Detect **trend shifts or retests**
* Spot **volume-based market interest**
* Get real-time **BOS/CHOCH alerts** for Smart Money strategies
* Alert through **Telegram using your Node.js webhook server**
---
Would you like me to break down the full Pine Script block-by-block as well?
MACD GPIntroducing the MACD GP Indicator: Experience Enhanced Trading Signals
The MACD GP indicator is a customized version of the Moving Average Convergence Divergence (MACD), specifically designed to help traders capitalize on state shifts for clearer and more actionable signals.
This innovative tool highlights critical trading opportunities by visually representing changes in the MACD's state, specifically focusing on:
Color Changes: Instantly recognize shifts in momentum and trend direction as the indicator's visual representation changes color.
Position Relative to the Zero Line: Clearly identify bullish or bearish sentiment as the indicator moves above or below the zero line, providing a decisive signal for potential entry and exit points.
With the MACD GP , you'll gain a more intuitive understanding of market dynamics, allowing you to react swiftly and confidently to emerging trends. Streamline your trading decisions and enhance your analytical edge with this powerful, customized MACD indicator.
MAGICAL 50 LINEIndicator Magical Line
This is bottom finishing identification indicator which will gives a quick entry and profit area booking.
Use with RSI 14, 32
HMA lines shows an reversal identification while line make us an entry
When RSI below 40 and cross above 32 you can see a HMA also cross over and will give you entry points
Pro Trading: CCI Signals (Pivots + order blockEnglish Version:
A professional trading system combining momentum signals, pivot points, and order flow analysis
Overview & Uniqueness
This indicator provides a comprehensive trading solution by combining three powerful technical approaches:
CCI Momentum Signals - Identifies overbought/oversold conditions with RSI confirmation
Smart Pivot Detection - Finds key reversal points using price rejection logic
Order Block Analysis - Highlights institutional order zones
Unique feature: Advanced "Buy2/Sell4" signals detect clustered momentum events for higher-probability entries.
How It Works
Pivot Detection
Automatically identifies swing highs ("Top") and lows ("Bottom") when price rejects a level by your specified Sigma percentage
Signal Generation
Buy/Sell: Triggered when CCI crosses extreme levels (-100/+100) with optional RSI confirmation
Buy2/Sell4: Enhanced signals activated after clustered momentum events (multiple confirmations in 4 bars)
Order Blocks
Highlights candles with abnormally large range (configurable via ATR multiplier) as potential institutional activity zones
Smart Filters
Time-based filter prevents consecutive Buy2/Sell4 signals within user-defined bar count
Configuration Guide
Pivot Settings
Adjust Sigma (% retracement) for pivot sensitivity
Customize pivot colors
CCI & RSI Parameters
Set CCI length and OB/OS levels
Toggle RSI filter and configure levels
Signal Filters
Enable/disable time filter for Buy2/Sell4 signals
Set minimum bars between enhanced signals
Alerts
Enable/disable alerts per signal type
Choose "One alert per bar" to avoid duplicates
FAQ
Q: Why don't I see Buy2/Sell4 signals?
A: 1) Ensure "Show signals" are enabled 2) Check time filter settings 3) Requires clustered momentum (≥2 signals in 4 bars)
Q: How are Order Blocks calculated?
A: Blocks form when |close-open| > ATR × threshold (default: 1.5)
Q: Can I use this for scalping?
A: Yes! Lower CCI periods (3-5) and smaller Sigma (0.01-0.02) work best for short timeframes
Disclaimer
This tool is for educational purposes only. Past performance ≠ future results. Test settings in demo accounts before live trading. The creator isn't liable for trading losses or investment decisions made using this indicator.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Русская Версия:
Pro Trading: CCI Signals + Pivots and Order Block
Профессиональная торговая система, объединяющая сигналы момента, точки разворота и анализ ордерного потока
Концепция и Уникальность
Индикатор предоставляет комплексное торговое решение, объединяя три мощных подхода:
Сигналы момента CCI - Выявляет зоны перекупленности/перепроданности с подтверждением RSI
Умное обнаружение пивотов - Находит ключевые точки разворота через логику ценового отката
Анализ ордерных блоков - Подсвечивает зоны институциональных ордеров
Уникальная особенность: Сигналы "Buy2/Sell4" обнаруживают кластеризацию событий момента для входов с высокой вероятностью.
Как Это Работает
Обнаружение Пивотов
Автоматически определяет максимумы ("Top") и минимумы ("Bottom") при откате цены на заданный % Sigma
Генерация Сигналов
Buy/Sell: Активируются при пересечении CCI экстремальных уровней (-100/+100) с опциональным подтверждением RSI
Buy2/Sell4: Усиленные сигналы после кластеризации событий (несколько подтверждений за 4 бара)
Ордерные Блоки
Подсвечивает свечи с аномальным диапазоном (настраивается через множитель ATR) как зоны институциональной активности
Умные Фильтры
Временной фильтр предотвращает последовательные сигналы Buy2/Sell4 в пределах заданного количества баров
Настройка
Параметры Пивотов
Настройте Sigma (% отката) для чувствительности
Параметры CCI и RSI
Установите период CCI и уровни перекупленности/перепроданности
Включите/отключите фильтр RSI и настройте уровни
Фильтры Сигналов
Включите/отключите временной фильтр для Buy2/Sell4
Установите минимальное количество баров между усиленными сигналами
Оповещения
Включите/отключите оповещения для каждого типа сигнала
Выберите "Одно оповещение на бар" для исключения дубликатов
Часто Задаваемые Вопросы
В: Почему не отображаются сигналы Buy2/Sell4?
О: 1) Проверьте включение "Показать сигналы" 2) Проверьте настройки временного фильтра 3) Требуется кластеризация событий (≥2 сигнала за 4 бара)
В: Как рассчитываются ордерные блоки?
О: Блоки формируются при |close-open| > ATR × порог (по умолчанию: 1.5)
В: Можно ли использовать для скальпинга?
О: Да! Уменьшите период CCI (3-5) и Sigma (0.01-0.02) для младших таймфреймов
Metaplanet MSW Strike LevelsMetaplanet Moving Strike Warrant (MSW) Price Tracker
This indicator displays Metaplanet's actual Moving Strike Warrant pricing schedule with real-time strike price visualization. It shows the exact strike prices that determine warrant exercise values based on Metaplanet's official MSW terms.
Key Features:
Current Period: Strike locked at ¥1,649 from June 24th through July 1st, 2025
Automatic Updates: Starting July 2nd, strike prices re-evaluate every 3 trading days using 3-day SMA of closing prices
Visual Strike Lines: Yellow horizontal lines show active MSW strike prices for each period
Background Signals: Light green when price is above strike (favorable), light red when below
Information Panel: Orange table displays current strike price and next evaluation date
Evaluation Markers: Orange/yellow dots mark re-evaluation dates
How It Works:
The indicator follows Metaplanet's official MSW schedule, automatically calculating new strike prices every 3 trading days based on the 3-day simple moving average of previous closing prices. This helps warrant holders track exercise opportunities and understand the dynamic pricing mechanism.
Cumulative Price🎯 Cumulative Price - Usage Framework
🧭 Purpose
Cumulative Price offers a simple contextualization of price action within a daily session.
It resets to zero daily, tracking the cumulative range of price movement in ticks — a concept similar to cumulative delta, but focused purely on price activity, not volume.
🧠 Core Concept
The oscillator shows results from effort accumulate over time. Instead of measuring who is buying or selling, it reveals how far is pushing relative to zero.
🔔 Signal Types
⚖️ Zero Signal
Triggered when the oscillator crosses above or below the zero line.
📌 Interpreted as:
Price is testing fairness or market agreement.
This level is a balancing point — price may accept it (continue) or reject it (reverse).
🚩 Peak Signal
Triggered when the oscillator reaches a new extreme, defined by ATR-based thresholds.
📌 Interpreted as:
Price is undergoing strong effort — likely accumulation or distribution.
Could signal a transition, consolidation, or imminent breakout/reversal.
🧩 How to Use
Approach both signals with thoughtful market questioning:
🧐 Something significant is happening — what is it?
📈 How intense is the move? Does it align with volatility or deviate from it?
🌐 Where does this action sit in broader market context?
🧪 Analytical Tips
Zero Signals are useful for:
Identifying reversion points or fairness tests.
Monitoring price acceptance around the session midpoint.
Peak Signals help:
Spot early accumulation/distribution behavior.
Anticipate volatility expansion or fade exhaustion.
💡 Additional Thoughts
This tool does not dictate trades. Instead, it provides context.
Combine it with tools like Cumulative Delta for a layered analysis of price result and volume effort.
Use it to frame narratives, not absolutes. Ask:
"If this is happening here, what does that say about intent?"
RSI GP [NMTUAN]Master Trends Effectively with RSI GP !
Have you ever struggled to identify market trends and optimal entry/exit points? Do you want a powerful, finely tuned tool to help you trade with greater confidence? Discover RSI GP – a groundbreaking indicator customized from the original Relative Strength Index (RSI), offering traders a more favorable perspective for trend trading!
The traditional RSI indicator is a familiar tool, but RSI GP elevates its analytical capabilities to a new level. Author Nguyễn Minh Tuấn has tailored this indicator so it doesn't just show overbought/oversold regions, but also helps you:
Identify trends more clearly: With unique enhancements, RSI GP provides a more intuitive and understandable view of the current market trend, helping you avoid noisy signals and focus on the main direction of price movement.
Detect potential reversals sooner: Thanks to optimized adjustments, this indicator reacts more sensitively to changes in momentum, helping you identify potential trend reversal points before they become obvious on the price chart.
Support effective trend trading: RSI GP doesn't just tell you "where the trend is going"; it also helps you determine the appropriate time to enter or exit the market in line with that trend, optimizing profits and minimizing risks.
RSI GP is the ideal tool for traders who want to:
Improve their ability to read and understand the market.
Increase accuracy in trend-following trading decisions.
Own an optimized indicator that provides a competitive edge.
Experience the Difference Today!
Don't let market volatility confuse you any longer. Equip yourself with RSI GP and start trading trends more intelligently and effectively.
Are you ready to elevate your trading with RSI GP ?
Mathematical EquationMathematical Equation — Advanced Multi-Factor Trend Reversal System
Overview
Mathematical Equation is a sophisticated multi-factor trading indicator designed to detect high-probability trend reversals. Its primary objective is to help traders identify key market turning points by combining volatility filtering, momentum validation, dynamic trend states, and custom adaptive logic. It generates clear LONG and SHORT signals when a unique set of mathematical conditions converge, making it a powerful tool for discretionary and systematic traders seeking precise entry timing.
What It Does
Mathematical Equation analyzes price action across several advanced dimensions:
1. Volatility-Adjusted Trend Engine — Uses a custom volatility filter based on ATR envelopes to define directional trend shifts, providing a foundational trend context.
2. Momentum Confirmation — Implements a MACD-style dynamic line and signal line system to validate directional strength and momentum transitions.
3. Volume Flow Index (VFI) with Adaptive Thresholds — Measures cumulative money flow relative to a dynamic cutoff, filtering out noise and confirming volume participation.
4. Custom Trend Oscillator — Computes a normalized line trend oscillator that identifies exhaustion and potential reversals using adaptive scaling across historical ranges.
5. Signal Alerts — Provides built-in alerts for both LONG and SHORT signals, enabling traders to respond quickly when a new reversal condition is met.
How It Works
The indicator dynamically classifies the market into actionable reversal states:
1. LONG — Triggered when price shows bullish confirmation, trend shifts to up, momentum crosses bullish thresholds, VFI confirms accumulation, and the oscillator signals an emerging bullish phase.
2. SHORT — Triggered when price shows bearish confirmation, trend shifts to down, momentum crosses bearish thresholds, VFI confirms distribution, and the oscillator signals emerging bearish momentum.
Result: Each signal is calculated only when trend regime, momentum alignment, volume flow, and oscillator exhaustion converge, significantly increasing selectivity and reducing false entries.
How To Use It
1. Confirm the Context — Always interpret signals within the broader market structure and trend bias. Use higher timeframes to validate macro direction.
2. Act According to the Signal Type:
-- LONG: Enter long positions when a bullish reversal signal is confirmed. Best suited for catching early trend transitions or countertrend rebounds.
-- SHORT: Enter short positions when a bearish reversal signal appears. Ideal for topping patterns or failed rallies.
Why It Is Unique
1. Integrates volatility filters, dynamic momentum validation, volume flow analysis, and proprietary trend oscillators into a single framework.
2. Goes beyond simple moving averages or crossovers by incorporating multi-dimensional confirmations for increased accuracy.
3. Provides clearly defined reversal signals, allowing traders to confidently act on emerging shifts in trend.
4. Enables traders to filter low-quality setups and focus on high-confluence conditions.
Apply Risk Management
Never rely solely on any single signal. Always use stop losses, proper position sizing, and a clear risk/reward plan. This indicator is designed to enhance trading decisions, not to replace disciplined execution.
Timeframe Selection
Optimized for intraday to swing trading (15M to 1H charts). Use lower timeframes for tactical entries once higher timeframe signals are confirmed.
Best Suited For
Swing traders, active intraday traders, and reversal-focused strategies.
Important Notes
Signals generated by Mathematical Equation are intended to support analysis, not replace it. Always combine them with personal market assessment and robust risk management. No indicator can guarantee performance or eliminate losses. This tool was developed by ProphetAlgoAI to adapt as market dynamics evolve, offering traders a consistently high-quality decision-support system.
License
This indicator was developed by the ProphetAlgoAI team. Its use is restricted to TradingView under a private, invite-only agreement. Redistribution or use outside TradingView is strictly prohibited unless explicitly authorized by the ProphetAlgoAI team.
Divergence Detector📈 Divergence Detector – Pine Script Indicator
🎯 Purpose
Detects bullish/bearish divergences between price and:
📊 WaveTrend
📈 RSI (Relative Strength Index)
📉 Stochastic Oscillator
Divergences signal potential trend reversals.
✨ Features & Advantages
✅ Multi-Indicator Analysis – checks 3 oscillators simultaneously.
✅ Customizable Filters – min. divergence length & distance between signals.
✅ Clean Visuals – colored lines + labels for clarity.
✅ Alerts – get notified when divergences appear.
⚙️ Settings
🔹 General
Pivot Lookback (15) – pivot detection depth.
Max Bars to Look Back (50) – limits divergence search range.
Min Divergence Length (6) – avoids noise.
Min Distance Between Signals (10) – prevents signal overcrowding.
🔹 Indicators
WaveTrend:
Channel Length (9)
Average Length (12)
MA Length (3)
RSI: Length (14)
Stochastic:
Length (14)
K Smoothing (3)
🔹 Colors & Style
Bullish (🟢 Green)
Bearish (🔴 Red)
Line Width (2)
Show Labels (ON/OFF)
📖 How to Use?
1. Bullish Divergence 🟢:
Price → Lower Lows | Oscillator → Higher Lows = Potential UP reversal.
2. Bearish Divergence 🔴:
Price → Higher Highs | Oscillator → Lower Highs = Potential DOWN reversal.
3. Alerts – enable in TradingView.
⚠️ Limitations
❌ False signals – not every divergence leads to a reversal.
❌ Lagging – pivot-based detection delays signals.
❌ Chart clutter – too many lines if unchecked.
💡 Pro Tips
✔ Combine with support/resistance levels.
✔ Avoid using alone on low timeframes (M1-M15).
✔ Adjust settings for your trading style (e.g., increase Min Divergence Length for daily charts).
❤️ Support This Project
If you find this indicator helpful and want to support future developments, donations are appreciated at:
USDT (TRC20): THFFLEZSpTqapYF6oj9rmuTCQVUXvuz7VS
Your generosity helps maintain and improve free indicators for the trading community!
Optimus Prime X SignalsOptimus Prime X Signals - TradingView Indicator Description
Overview
The Optimus Prime X Signals is a sophisticated, customizable technical analysis indicator designed for the TradingView platform. It combines three widely used technical indicators—Average True Range (ATR), Exponential Moving Average (EMA), and Relative Strength Index (RSI)—to generate actionable buy and sell signals. By integrating these indicators, the script provides traders with a versatile tool to identify potential entry and exit points in various market conditions. The indicator is displayed as an overlay on the price chart, with clear visual cues for signals, including labeled markers and candlestick color changes.
This indicator is suitable for traders of all experience levels, offering flexible configuration options to tailor signal generation to specific trading strategies and timeframes. It also includes built-in alert conditions, enabling seamless integration with TradingView’s alert system for real-time notifications.
Features
1. Multi-Indicator Signal Generation
The indicator combines signals from ATR-based support/resistance levels, EMA price deviations, and RSI overbought/oversold conditions. Traders can enable or disable each indicator’s contribution to the final signal, allowing for a highly customizable approach.
2. Visual Feedback
* Buy and Sell Labels: Green "Buy" labels appear below the price bar, and red "Sell" labels appear above the price bar when signals are triggered.
* Candlestick Coloring: Candlesticks turn white when a buy or sell signal is generated, providing an immediate visual cue.
* Overlay Design: The indicator integrates directly with the price chart, ensuring a clutter-free and intuitive user experience.
3. Flexible Configuration
Each indicator component (ATR, EMA, RSI) has its own configuration group in the settings panel, allowing traders to:
* Adjust periods, multipliers, and thresholds.
* Specify custom timeframes for each indicator.
* Enable or disable individual indicators for signal generation.
4. Alert Integration
The script includes two alert conditions:
* Buy Signal: Triggered when all enabled conditions (ATR, EMA, RSI) align for a bullish signal.
* Sell Signal: Triggered when all enabled conditions align for a bearish signal.
These alerts can be configured within TradingView to notify traders via email, SMS, or other supported methods.
Configuration Options
Support/Resistance Configuration (ATR)
* Use (ATR) Support/Resistance for Signals: Enable or disable ATR-based signals (default: enabled).
* ATR Period: Set the lookback period for calculating the ATR (default: 5).
* ATR Multiplier: Define the multiplier applied to the ATR value to calculate support and resistance levels (default: 0.5).
* ATR Timeframe: Specify the timeframe for ATR calculations (default: Daily, "D").
The ATR is used to establish dynamic support (price below the last close minus ATR * multiplier) and resistance (price above the last close plus ATR * multiplier) levels. A buy signal is generated when the price falls below the support level, and a sell signal is generated when the price rises above the resistance level.
EMA Configuration
* Use EMA for Signals: Enable or disable EMA-based signals (default: enabled).
* EMA Period: Set the lookback period for the EMA calculation (default: 50).
* EMA (%) Distance: Define the percentage distance from the EMA to create upper and lower bands (default: 0.5%).
* EMA Timeframe: Specify the timeframe for EMA calculations (default: chart timeframe).
The EMA component generates a buy signal when the price falls below the lower EMA band (EMA * (1 - distance/100)) and a sell signal when the price rises above the upper EMA band (EMA * (1 + distance/100)).
RSI Configuration
* Use RSI for Signals: Enable or disable RSI-based signals (default: enabled).
* RSI Period: Set the lookback period for RSI calculation (default: 14).
* RSI Overbought Level: Define the RSI level for overbought conditions (default: 70).
* RSI Oversold Level: Define the RSI level for oversold conditions (default: 30).
* RSI Timeframe: Specify the timeframe for RSI calculations (default: chart timeframe).
The RSI component triggers a buy signal when the RSI falls below the oversold level and a sell signal when it rises above the overbought level.
How It Works
Signal Logic
The indicator generates buy and sell signals based on the combined conditions of the enabled indicators:
* Buy Signal: Triggered when all enabled conditions are met (e.g., price below ATR support, price below EMA lower band, and RSI below oversold level).
* Sell Signal: Triggered when all enabled conditions are met (e.g., price above ATR resistance, price above EMA upper band, and RSI above overbought level).
If any indicator is disabled, its condition is ignored in the signal calculation, allowing traders to focus on specific indicators or combinations.
Visual and Alert Output
* When a signal is triggered, a label ("Buy" or "Sell") is plotted on the chart, and the corresponding candlestick is colored white.
* Alerts are available for integration with TradingView’s notification system, ensuring traders can act promptly on signals.
Usage Instructions
1. Add to Chart: Add the "Optimus Prime X Signals" indicator to your TradingView chart.
2. Configure Settings: Access the indicator’s settings to customize ATR, EMA, and RSI parameters, including periods, multipliers, thresholds, and timeframes.
3. Enable Alerts: Set up alerts for buy and sell signals through TradingView’s alert system for real-time notifications.
4. Analyze Signals: Monitor the chart for labeled signals and candlestick color changes to identify potential trading opportunities.
Notes for Traders
* Customization: Adjust the settings to align with your trading style, market, and timeframe. For example, increase the ATR multiplier for wider support/resistance zones or adjust the RSI levels for more or less frequent signals.
* Timeframe Flexibility: Use different timeframes for ATR, EMA, and RSI to capture multi-timeframe trends and improve signal accuracy.
* Risk Management: Always combine this indicator with proper risk management strategies, as no indicator guarantees profitable trades.
* Backtesting: Test the indicator on historical data to evaluate its performance in your chosen market and timeframe.
Limitations
* The indicator may generate false signals in choppy or sideways markets, as it relies on trend and momentum-based conditions.
* Signals are based on historical data and may lag in fast-moving markets.
* The maximum number of labels displayed is set to 500 to comply with TradingView’s limitations.
Conclusion
The Optimus Prime X Signals indicator is a powerful and user-friendly tool for traders seeking to combine ATR, EMA, and RSI signals into a cohesive trading strategy. Its customizable settings, clear visual feedback, and alert integration make it suitable for both novice and experienced traders. By providing flexibility in configuration and timeframe selection, it empowers users to adapt the indicator to various markets and trading styles.
For support or feedback, please contact the script author through TradingView’s messaging system.
Momentum Trail Oscillator [AlgoAlpha]🟠 OVERVIEW
This script builds a Momentum Trail Oscillator designed to measure directional momentum strength and dynamically track shifts in trend bias using a combination of smoothed price change calculations and adaptive trailing bands. The oscillator aims to help traders visualize when momentum is expanding or contracting and to identify transitions between bullish and bearish conditions.
🟠 CONCEPTS
The core idea combines two methods. First, the script calculates a normalized momentum measure by smoothing price changes relative to their absolute values, which creates a bounded oscillator that highlights whether moves are directional or choppy. Second, it uses a trailing band mechanism inspired by volatility stops, where bands adapt to the oscillator’s volatility, adjusting the thresholds that define a shift in directional bias. This dual approach seeks to address both the magnitude and persistence of momentum, reducing false signals in ranging markets.
🟠 FEATURES
The momentum calculation applies Hull Moving Averages and double EMA smoothing to price changes, producing a smooth, responsive oscillator.
The trailing bands are derived by offsetting a weighted moving average of the oscillator by a multiple of recent momentum volatility. A directional state variable tracks whether the oscillator is above or below the bands, updating when the momentum crosses these dynamic thresholds.
Overbought and oversold zones are visually marked between fixed levels (+30/+40 and -30/-40), with color fills to highlight when momentum is in extreme areas. The script plots signals on both the oscillator pane and optionally overlays markers on the main price chart for clarity.
🟠 USAGE
To use the indicator, apply it to any symbol and timeframe. The “Oscillator Length” controls how sensitive the momentum line is to recent price changes—lower values react faster, higher values smooth out noise. The “Trail Multiplier” sets how far the adaptive bands sit from the oscillator mid-line, which affects how often trend state changes occur. When the momentum line rises into the upper filled area and then crosses back below +40, it signals potential overbought exhaustion. The opposite applies for the oversold zone below -40. The plotted trailing bands switch visibility depending on the current directional state: when momentum is trending up, the lower band acts as the active trailing stop, and when trending down, the upper band becomes active. Trend changes are marked with circular symbols when the direction variable flips, and optional overlay arrows appear on the price chart to highlight overbought or oversold reversals. Traders can combine these signals with their own price action or volume analysis to confirm entries or exits.
RATE OF CHANGE ROLLING INTEGRALAdded an integral balance to the ROC subchart.
just tracks the balance of area back to the ROC length.