Market Zone Analyzer[BullByte]Understanding the Market Zone Analyzer
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1. Purpose of the Indicator
The Market Zone Analyzer is a Pine Script™ (version 6) indicator designed to streamline market analysis on TradingView. Rather than scanning multiple separate tools, it unifies four core dimensions—trend strength, momentum, price action, and market activity—into a single, consolidated view. By doing so, it helps traders:
• Save time by avoiding manual cross-referencing of disparate signals.
• Reduce decision-making errors that can arise from juggling multiple indicators.
• Gain a clear, reliable read on whether the market is in a bullish, bearish, or sideways phase, so they can more confidently decide to enter, exit, or hold a position.
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2. Why a Trader Should Use It
• Unified View: Combines all essential market dimensions into one easy-to-read score and dashboard, eliminating the need to piece together signals manually.
• Adaptability: Automatically adjusts its internal weighting for trend, momentum, and price action based on current volatility. Whether markets are choppy or calm, the indicator remains relevant.
• Ease of Interpretation: Outputs a simple “BULLISH,” “BEARISH,” or “SIDEWAYS” label, supplemented by an intuitive on-chart dashboard and an oscillator plot that visually highlights market direction.
• Reliability Features: Built-in smoothing of the net score and hysteresis logic (requiring consecutive confirmations before flips) minimize false signals during noisy or range-bound phases.
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3. Why These Specific Indicators?
This script relies on a curated set of well-established technical tools, each chosen for its particular strength in measuring one of the four core dimensions:
1. Trend Strength:
• ADX/DMI (Average Directional Index / Directional Movement Index): Measures how strong a trend is, and whether the +DI line is above the –DI line (bullish) or vice versa (bearish).
• Moving Average Slope (Fast MA vs. Slow MA): Compares a shorter-period SMA to a longer-period SMA; if the fast MA sits above the slow MA, it confirms an uptrend, and vice versa for a downtrend.
• Ichimoku Cloud Differential (Senkou A vs. Senkou B): Provides a forward-looking view of trend direction; Senkou A above Senkou B signals bullishness, and the opposite signals bearishness.
2. Momentum:
• Relative Strength Index (RSI): Identifies overbought (above its dynamically calculated upper bound) or oversold (below its lower bound) conditions; changes in RSI often precede price reversals.
• Stochastic %K: Highlights shifts in short-term momentum by comparing closing price to the recent high/low range; values above its upper band signal bullish momentum, below its lower band signal bearish momentum.
• MACD Histogram: Measures the difference between the MACD line and its signal line; a positive histogram indicates upward momentum, a negative histogram indicates downward momentum.
3. Price Action:
• Highest High / Lowest Low (HH/LL) Range: Over a defined lookback period, this captures breakout or breakdown levels. A closing price near the recent highs (with a positive MA slope) yields a bullish score, and near the lows (with a negative MA slope) yields a bearish score.
• Heikin-Ashi Doji Detection: Uses Heikin-Ashi candles to identify indecision or continuation patterns. A small Heikin-Ashi body (doji) relative to recent volatility is scored as neutral; a larger body in the direction of the MA slope is scored bullish or bearish.
• Candle Range Measurement: Compares each candle’s high-low range against its own dynamic band (average range ± standard deviation). Large candles aligning with the prevailing trend score bullish or bearish accordingly; unusually small candles can indicate exhaustion or consolidation.
4. Market Activity:
• Bollinger Bands Width (BBW): Measures the distance between BB upper and lower bands; wide bands indicate high volatility, narrow bands indicate low volatility.
• Average True Range (ATR): Quantifies average price movement (volatility). A sudden spike in ATR suggests a volatile environment, while a contraction suggests calm.
• Keltner Channels Width (KCW): Similar to BBW but uses ATR around an EMA. Provides a second layer of volatility context, confirming or contrasting BBW readings.
• Volume (with Moving Average): Compares current volume to its moving average ± standard deviation. High volume validates strong moves; low volume signals potential lack of conviction.
By combining these tools, the indicator captures trend direction, momentum strength, price-action nuances, and overall market energy, yielding a more balanced and comprehensive assessment than any single tool alone.
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4. What Makes This Indicator Stand Out
• Multi-Dimensional Analysis: Rather than relying on a lone oscillator or moving average crossover, it simultaneously evaluates trend, momentum, price action, and activity.
• Dynamic Weighting: The relative importance of trend, momentum, and price action adjusts automatically based on real-time volatility (Market Activity State). For example, in highly volatile conditions, trend and momentum signals carry more weight; in calm markets, price action signals are prioritized.
• Stability Mechanisms:
• Smoothing: The net score is passed through a short moving average, filtering out noise, especially on lower timeframes.
• Hysteresis: Both Market Activity State and the final bullish/bearish/sideways zone require two consecutive confirmations before flipping, reducing whipsaw.
• Visual Interpretation: A fully customizable on-chart dashboard displays each sub-indicator’s value, regime, score, and comment, all color-coded. The oscillator plot changes color to reflect the current market zone (green for bullish, red for bearish, gray for sideways) and shows horizontal threshold lines at +2, 0, and –2.
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5. Recommended Timeframes
• Short-Term (5 min, 15 min): Day traders and scalpers can benefit from rapid signals, but should enable smoothing (and possibly disable hysteresis) to reduce false whipsaws.
• Medium-Term (1 h, 4 h): Swing traders find a balance between responsiveness and reliability. Less smoothing is required here, and the default parameters (e.g., ADX length = 14, RSI length = 14) perform well.
• Long-Term (Daily, Weekly): Position traders tracking major trends can disable smoothing for immediate raw readings, since higher-timeframe noise is minimal. Adjust lookback lengths (e.g., increase adxLength, rsiLength) if desired for slower signals.
Tip: If you keep smoothing off, stick to timeframes of 1 h or higher to avoid excessive signal “chatter.”
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6. How Scoring Works
A. Individual Indicator Scores
Each sub-indicator is assigned one of three discrete scores:
• +1 if it indicates a bullish condition (e.g., RSI above its dynamically calculated upper bound).
• 0 if it is neutral (e.g., RSI between upper and lower bounds).
• –1 if it indicates a bearish condition (e.g., RSI below its dynamically calculated lower bound).
Examples of individual score assignments:
• ADX/DMI:
• +1 if ADX ≥ adxThreshold and +DI > –DI (strong bullish trend)
• –1 if ADX ≥ adxThreshold and –DI > +DI (strong bearish trend)
• 0 if ADX < adxThreshold (trend strength below threshold)
• RSI:
• +1 if RSI > RSI_upperBound
• –1 if RSI < RSI_lowerBound
• 0 otherwise
• ATR (as part of Market Activity):
• +1 if ATR > (ATR_MA + stdev(ATR))
• –1 if ATR < (ATR_MA – stdev(ATR))
• 0 otherwise
Each of the four main categories shares this same +1/0/–1 logic across their sub-components.
B. Category Scores
Once each sub-indicator reports +1, 0, or –1, these are summed within their categories as follows:
• Trend Score = (ADX score) + (MA slope score) + (Ichimoku differential score)
• Momentum Score = (RSI score) + (Stochastic %K score) + (MACD histogram score)
• Price Action Score = (Highest-High/Lowest-Low score) + (Heikin-Ashi doji score) + (Candle range score)
• Market Activity Raw Score = (BBW score) + (ATR score) + (KC width score) + (Volume score)
Each category’s summed value can range between –3 and +3 (for Trend, Momentum, and Price Action), and between –4 and +4 for Market Activity raw.
C. Market Activity State and Dynamic Weight Adjustments
Rather than contributing directly to the netScore like the other three categories, Market Activity determines how much weight to assign to Trend, Momentum, and Price Action:
1. Compute Market Activity Raw Score by summing BBW, ATR, KCW, and Volume individual scores (each +1/0/–1).
2. Bucket into High, Medium, or Low Activity:
• High if raw Score ≥ 2 (volatile market).
• Low if raw Score ≤ –2 (calm market).
• Medium otherwise.
3. Apply Hysteresis (if enabled): The state only flips after two consecutive bars register the same high/low/medium label.
4. Set Category Weights:
• High Activity: Trend = 50 %, Momentum = 35 %, Price Action = 15 %.
• Low Activity: Trend = 25 %, Momentum = 20 %, Price Action = 55 %.
• Medium Activity: Use the trader’s base weight inputs (e.g., Trend = 40 %, Momentum = 30 %, Price Action = 30 % by default).
D. Calculating the Net Score
5. Normalize Base Weights (so that the sum of Trend + Momentum + Price Action always equals 100 %).
6. Determine Current Weights based on the Market Activity State (High/Medium/Low).
7. Compute Each Category’s Contribution: Multiply (categoryScore) × (currentWeight).
8. Sum Contributions to get the raw netScore (a floating-point value that can exceed ±3 when scores are strong).
9. Smooth the netScore over two bars (if smoothing is enabled) to reduce noise.
10. Apply Hysteresis to the Final Zone:
• If the smoothed netScore ≥ +2, the bar is classified as “Bullish.”
• If the smoothed netScore ≤ –2, the bar is classified as “Bearish.”
• Otherwise, it is “Sideways.”
• To prevent rapid flips, the script requires two consecutive bars in the new zone before officially changing the displayed zone (if hysteresis is on).
E. Thresholds for Zone Classification
• BULLISH: netScore ≥ +2
• BEARISH: netScore ≤ –2
• SIDEWAYS: –2 < netScore < +2
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7. Role of Volatility (Market Activity State) in Scoring
Volatility acts as a dynamic switch that shifts which category carries the most influence:
1. High Activity (Volatile):
• Detected when at least two sub-scores out of BBW, ATR, KCW, and Volume equal +1.
• The script sets Trend weight = 50 % and Momentum weight = 35 %. Price Action weight is minimized at 15 %.
• Rationale: In volatile markets, strong trending moves and momentum surges dominate, so those signals are more reliable than nuanced candle patterns.
2. Low Activity (Calm):
• Detected when at least two sub-scores out of BBW, ATR, KCW, and Volume equal –1.
• The script sets Price Action weight = 55 %, Trend = 25 %, and Momentum = 20 %.
• Rationale: In quiet, sideways markets, subtle price-action signals (breakouts, doji patterns, small-range candles) are often the best early indicators of a new move.
3. Medium Activity (Balanced):
• Raw Score between –1 and +1 from the four volatility metrics.
• Uses whatever base weights the trader has specified (e.g., Trend = 40 %, Momentum = 30 %, Price Action = 30 %).
Because volatility can fluctuate rapidly, the script employs hysteresis on Market Activity State: a new High or Low state must occur on two consecutive bars before weights actually shift. This avoids constant back-and-forth weight changes and provides more stability.
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8. Scoring Example (Hypothetical Scenario)
• Symbol: Bitcoin on a 1-hour chart.
• Market Activity: Raw volatility sub-scores show BBW (+1), ATR (+1), KCW (0), Volume (+1) → Total raw Score = +3 → High Activity.
• Weights Selected: Trend = 50 %, Momentum = 35 %, Price Action = 15 %.
• Trend Signals:
• ADX strong and +DI > –DI → +1
• Fast MA above Slow MA → +1
• Ichimoku Senkou A > Senkou B → +1
→ Trend Score = +3
• Momentum Signals:
• RSI above upper bound → +1
• MACD histogram positive → +1
• Stochastic %K within neutral zone → 0
→ Momentum Score = +2
• Price Action Signals:
• Highest High/Lowest Low check yields 0 (close not near extremes)
• Heikin-Ashi doji reading is neutral → 0
• Candle range slightly above upper bound but trend is strong, so → +1
→ Price Action Score = +1
• Compute Net Score (before smoothing):
• Trend contribution = 3 × 0.50 = 1.50
• Momentum contribution = 2 × 0.35 = 0.70
• Price Action contribution = 1 × 0.15 = 0.15
• Raw netScore = 1.50 + 0.70 + 0.15 = 2.35
• Since 2.35 ≥ +2 and hysteresis is met, the final zone is “Bullish.”
Although the netScore lands at 2.35 (Bullish), smoothing might bring it slightly below 2.00 on the first bar (e.g., 1.90), in which case the script would wait for a second consecutive reading above +2 before officially classifying the zone as Bullish (if hysteresis is enabled).
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9. Correlation Between Categories
The four categories—Trend Strength, Momentum, Price Action, and Market Activity—often reinforce or offset one another. The script takes advantage of these natural correlations:
• Bullish Alignment: If ADX is strong and pointed upward, fast MA is above slow MA, and Ichimoku is positive, that usually coincides with RSI climbing above its upper bound and the MACD histogram turning positive. In such cases, both Trend and Momentum categories generate +1 or +2. Because the Market Activity State is likely High (given the accompanying volatility), Trend and Momentum weights are at their peak, so the netScore quickly crosses into Bullish territory.
• Sideways/Consolidation: During a low-volatility, sideways phase, ADX may fall below its threshold, MAs may flatten, and RSI might hover in the neutral band. However, subtle price-action signals (like a small breakout candle or a Heikin-Ashi candle with a slight bias) can still produce a +1 in the Price Action category. If Market Activity is Low, Price Action’s weight (55 %) can carry enough influence—even if Trend and Momentum are neutral—to push the netScore out of “Sideways” into a mild bullish or bearish bias.
• Opposing Signals: When Trend is bullish but Momentum turns negative (for example, price continues up but RSI rolls over), the two scores can partially cancel. Market Activity may remain Medium, in which case the netScore lingers near zero (Sideways). The trader can then wait for either a clearer momentum shift or a fresh price-action breakout before committing.
By dynamically recognizing these correlations and adjusting weights, the indicator ensures that:
• When Trend and Momentum align (and volatility supports it), the netScore leaps strongly into Bullish or Bearish.
• When Trend is neutral but Price Action shows an early move in a low-volatility environment, Price Action’s extra weight in the Low Activity State can still produce actionable signals.
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10. Market Activity State & Its Role (Detailed)
The Market Activity State is not a direct category score—it is an overarching context setter for how heavily to trust Trend, Momentum, or Price Action. Here’s how it is derived and applied:
1. Calculate Four Volatility Sub-Scores:
• BBW: Compare the current band width to its own moving average ± standard deviation. If BBW > (BBW_MA + stdev), assign +1 (high volatility); if BBW < (BBW_MA × 0.5), assign –1 (low volatility); else 0.
• ATR: Compare ATR to its moving average ± standard deviation. A spike above the upper threshold is +1; a contraction below the lower threshold is –1; otherwise 0.
• KCW: Same logic as ATR but around the KCW mean.
• Volume: Compare current volume to its volume MA ± standard deviation. Above the upper threshold is +1; below the lower threshold is –1; else 0.
2. Sum Sub-Scores → Raw Market Activity Score: Range between –4 and +4.
3. Assign Market Activity State:
• High Activity: Raw Score ≥ +2 (at least two volatility metrics are strongly spiking).
• Low Activity: Raw Score ≤ –2 (at least two metrics signal unusually low volatility or thin volume).
• Medium Activity: Raw Score is between –1 and +1 inclusive.
4. Hysteresis for Stability:
• If hysteresis is enabled, a new state only takes hold after two consecutive bars confirm the same High, Medium, or Low label.
• This prevents the Market Activity State from bouncing around when volatility is on the fence.
5. Set Category Weights Based on Activity State:
• High Activity: Trend = 50 %, Momentum = 35 %, Price Action = 15 %.
• Low Activity: Trend = 25 %, Momentum = 20 %, Price Action = 55 %.
• Medium Activity: Use trader’s base weights (e.g., Trend = 40 %, Momentum = 30 %, Price Action = 30 %).
6. Impact on netScore: Because category scores (–3 to +3) multiply by these weights, High Activity amplifies the effect of strong Trend and Momentum scores; Low Activity amplifies the effect of Price Action.
7. Market Context Tooltip: The dashboard includes a tooltip summarizing the current state—e.g., “High activity, trend and momentum prioritized,” “Low activity, price action prioritized,” or “Balanced market, all categories considered.”
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11. Category Weights: Base vs. Dynamic
Traders begin by specifying base weights for Trend Strength, Momentum, and Price Action that sum to 100 %. These apply only when volatility is in the Medium band. Once volatility shifts:
• High Volatility Overrides:
• Trend jumps from its base (e.g., 40 %) to 50 %.
• Momentum jumps from its base (e.g., 30 %) to 35 %.
• Price Action is reduced to 15 %.
Example: If base weights were Trend = 40 %, Momentum = 30 %, Price Action = 30 %, then in High Activity they become 50/35/15. A Trend score of +3 now contributes 3 × 0.50 = +1.50 to netScore; a Momentum +2 contributes 2 × 0.35 = +0.70. In total, Trend + Momentum can easily push netScore above the +2 threshold on its own.
• Low Volatility Overrides:
• Price Action leaps from its base (30 %) to 55 %.
• Trend falls to 25 %, Momentum falls to 20 %.
Why? When markets are quiet, subtle candle breakouts, doji patterns, and small-range expansions tend to foreshadow the next swing more effectively than raw trend readings. A Price Action score of +3 in this state contributes 3 × 0.55 = +1.65, which can carry the netScore toward +2—even if Trend and Momentum are neutral or only mildly positive.
Because these weight shifts happen only after two consecutive bars confirm a High or Low state (if hysteresis is on), the indicator avoids constantly flipping its emphasis during borderline volatility phases.
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12. Dominant Category Explained
Within the dashboard, a label such as “Trend Dominant,” “Momentum Dominant,” or “Price Action Dominant” appears when one category’s absolute weighted contribution to netScore is the largest. Concretely:
• Compute each category’s weighted contribution = (raw category score) × (current weight).
• Compare the absolute values of those three contributions.
• The category with the highest absolute value is flagged as Dominant for that bar.
Why It Matters:
• Momentum Dominant: Indicates that the combined force of RSI, Stochastic, and MACD (after weighting) is pushing netScore farther than either Trend or Price Action. In practice, it means that short-term sentiment and speed of change are the primary drivers right now, so traders should watch for continued momentum signals before committing to a trade.
• Trend Dominant: Means ADX, MA slope, and Ichimoku (once weighted) outweigh the other categories. This suggests a strong directional move is in place; trend-following entries or confirming pullbacks are likely to succeed.
• Price Action Dominant: Occurs when breakout/breakdown patterns, Heikin-Ashi candle readings, and range expansions (after weighting) are the most influential. This often happens in calmer markets, where subtle shifts in candle structure can foreshadow bigger moves.
By explicitly calling out which category is carrying the most weight at any moment, the dashboard gives traders immediate insight into why the netScore is tilting toward bullish, bearish, or sideways.
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13. Oscillator Plot: How to Read It
The “Net Score” oscillator sits below the dashboard and visually displays the smoothed netScore as a line graph. Key features:
1. Value Range: In normal conditions it oscillates roughly between –3 and +3, but extreme confluences can push it outside that range.
2. Horizontal Threshold Lines:
• +2 Line (Bullish threshold)
• 0 Line (Neutral midline)
• –2 Line (Bearish threshold)
3. Zone Coloring:
• Green Background (Bullish Zone): When netScore ≥ +2.
• Red Background (Bearish Zone): When netScore ≤ –2.
• Gray Background (Sideways Zone): When –2 < netScore < +2.
4. Dynamic Line Color:
• The plotted netScore line itself is colored green in a Bullish Zone, red in a Bearish Zone, or gray in a Sideways Zone, creating an immediate visual cue.
Interpretation Tips:
• Crossing Above +2: Signals a strong enough combined trend/momentum/price-action reading to classify as Bullish. Many traders wait for a clear crossing plus a confirmation candle before entering a long position.
• Crossing Below –2: Indicates a strong Bearish signal. Traders may consider short or exit strategies.
• Rising Slope, Even Below +2: If netScore climbs steadily from neutral toward +2, it demonstrates building bullish momentum.
• Divergence: If price makes a higher high but the oscillator fails to reach a new high, it can warn of weakening momentum and a potential reversal.
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14. Comments and Their Necessity
Every sub-indicator (ADX, MA slope, Ichimoku, RSI, Stochastic, MACD, HH/LL, Heikin-Ashi, Candle Range, BBW, ATR, KCW, Volume) generates a short comment that appears in the detailed dashboard. Examples:
• “Strong bullish trend” or “Strong bearish trend” for ADX/DMI
• “Fast MA above slow MA” or “Fast MA below slow MA” for MA slope
• “RSI above dynamic threshold” or “RSI below dynamic threshold” for RSI
• “MACD histogram positive” or “MACD histogram negative” for MACD Hist
• “Price near highs” or “Price near lows” for HH/LL checks
• “Bullish Heikin Ashi” or “Bearish Heikin Ashi” for HA Doji scoring
• “Large range, trend confirmed” or “Small range, trend contradicted” for Candle Range
Additionally, the top-row comment for each category is:
• Trend: “Highly Bullish,” “Highly Bearish,” or “Neutral Trend.”
• Momentum: “Strong Momentum,” “Weak Momentum,” or “Neutral Momentum.”
• Price Action: “Bullish Action,” “Bearish Action,” or “Neutral Action.”
• Market Activity: “Volatile Market,” “Calm Market,” or “Stable Market.”
Reasons for These Comments:
• Transparency: Shows exactly how each sub-indicator contributed to its category score.
• Education: Helps traders learn why a category is labeled bullish, bearish, or neutral, building intuition over time.
• Customization: If, for example, the RSI comment says “RSI neutral” despite an impending trend shift, a trader might choose to adjust RSI length or thresholds.
In the detailed dashboard, hovering over each comment cell also reveals a tooltip with additional context (e.g., “Fast MA above slow MA” or “Senkou A above Senkou B”), helping traders understand the precise rule behind that +1, 0, or –1 assignment.
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15. Real-Life Example (Consolidated)
• Instrument & Timeframe: Bitcoin (BTCUSD), 1-hour chart.
• Current Market Activity: BBW and ATR both spike (+1 each), KCW is moderately high (+1), but volume is only neutral (0) → Raw Market Activity Score = +2 → State = High Activity (after two bars, if hysteresis is on).
• Category Weights Applied: Trend = 50 %, Momentum = 35 %, Price Action = 15 %.
• Trend Sub-Scores:
1. ADX = 25 (above threshold 20) with +DI > –DI → +1.
2. Fast MA (20-period) sits above Slow MA (50-period) → +1.
3. Ichimoku: Senkou A > Senkou B → +1.
→ Trend Score = +3.
• Momentum Sub-Scores:
4. RSI = 75 (above its moving average +1 stdev) → +1.
5. MACD histogram = +0.15 → +1.
6. Stochastic %K = 50 (mid-range) → 0.
→ Momentum Score = +2.
• Price Action Sub-Scores:
7. Price is not within 1 % of the 20-period high/low and slope = positive → 0.
8. Heikin-Ashi body is slightly larger than stdev over last 5 bars with haClose > haOpen → +1.
9. Candle range is just above its dynamic upper bound but trend is already captured, so → +1.
→ Price Action Score = +2.
• Calculate netScore (before smoothing):
• Trend contribution = 3 × 0.50 = 1.50
• Momentum contribution = 2 × 0.35 = 0.70
• Price Action contribution = 2 × 0.15 = 0.30
• Raw netScore = 1.50 + 0.70 + 0.30 = 2.50 → Immediately classified as Bullish.
• Oscillator & Dashboard Output:
• The oscillator line crosses above +2 and turns green.
• Dashboard displays:
• Trend Regime “BULLISH,” Trend Score = 3, Comment = “Highly Bullish.”
• Momentum Regime “BULLISH,” Momentum Score = 2, Comment = “Strong Momentum.”
• Price Action Regime “BULLISH,” Price Action Score = 2, Comment = “Bullish Action.”
• Market Activity State “High,” Comment = “Volatile Market.”
• Weights: Trend 50 %, Momentum 35 %, Price Action 15 %.
• Dominant Category: Trend (because 1.50 > 0.70 > 0.30).
• Overall Score: 2.50, posCount = (three +1s in Trend) + (two +1s in Momentum) + (two +1s in Price Action) = 7 bullish signals, negCount = 0.
• Final Zone = “BULLISH.”
• The trader sees that both Trend and Momentum are reinforcing each other under high volatility. They might wait one more candle for confirmation but already have strong evidence to consider a long.
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Disclaimer
This indicator is strictly a technical analysis tool and does not constitute financial advice. All trading involves risk, including potential loss of capital. Past performance is not indicative of future results. Traders should:
• Always backtest the “Market Zone Analyzer ” on their chosen symbols and timeframes before committing real capital.
• Combine this tool with sound risk management, position sizing, and, if possible, fundamental analysis.
• Understand that no indicator is foolproof; always be prepared for unexpected market moves.
Goodluck
-BullByte!
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Osilatörler
Relative Imbalance Flow Tracker🚀 RIFT: Relative Imbalance Flow Tracker
A totally unique RSI envelope system that uses dual moving averages and color-coded dominance to show potential reversal zones before they happen. No standard Bollinger Bands. No gray confusion. Just clean, smart, visual logic.
🧠 How It Works
RSI is calculated and optionally smoothed (RMA/EMA/SMA/WMA).
Two RSI-based MAs are plotted:
- Fast MA (e.g. 16) = reactive
- Slow MA (e.g. 32) = steady
Each MA gets its own envelope based on a % distance.
If fast envelope dominates (outside the slow one), it lights up. Otherwise, they fade and cancel each other visually.
🎨 Color Logic
🔴 Upper Band (Red) = Overbought danger zone
When fast upper > slow upper, it's a warning flare.
🟢 Lower Band (Green) = Oversold bounce zone
When fast lower < slow lower, bulls may step in.
🟠 RSI Line Orange = Mixed signals
RSI is between the two MAs—no one's in control.
🟢 - RSI Line Green = RSI > both MAs = strong momentum
🔴 - RSI Line Red = RSI < both MAs = bearish pressure
🔍 How to Read It
- Red Band + Green RSI = uptrend stalling
- Green Band + Red RSI = selloff slowing
- No Fill = Envelopes overlapping, no edge
- RSI flips from green/red to orange = tug-of-war
⚙️ Why It’s Useful
- Gives early reversal clues before RSI tags extreme levels.
- Filters out fakeouts by showing when RSI can’t reach the “target zone.”
- Dynamic: adapts with trend strength and volatility via envelope width.
- Fully customizable: lengths, smoothing, envelope %, colors, fills.
💡 Quick Visual Tips
🔴 - Red Band visible but RSI stalls? = Likely reversal.
🟢 - Green Band shows up and RSI flips green? = Go time.
🟠 - RSI turns orange + no fills? = Sit out or scalp light.
Bilateral Filter For Loop [BackQuant]Bilateral Filter For Loop
The Bilateral Filter For Loop is an advanced technical indicator designed to filter out market noise and smooth out price data, thus improving the identification of underlying market trends. It employs a bilateral filter, which is a sophisticated non-linear filter commonly used in image processing and price time series analysis. By considering both spatial and range differences between price points, this filter is highly effective at preserving significant trends while reducing random fluctuations, ultimately making it suitable for dynamic trend-following strategies.
Please take the time to read the following:
Key Features
1. Bilateral Filter Calculation:
The bilateral filter is the core of this indicator and works by applying a weight to each data point based on two factors: spatial distance and price range difference. This dual weighting process allows the filter to preserve important price movements while reducing the impact of less relevant fluctuations. The filter uses two primary parameters:
Spatial Sigma (σ_d): This parameter adjusts the weight applied based on the distance of each price point from the current price. A larger spatial sigma means more smoothing, as further away values will contribute more heavily to the result.
Range Sigma (σ_r): This parameter controls how much weight is applied based on the difference in price values. Larger price differences result in smaller weights, while similar price values result in larger weights, thereby preserving the trend while filtering out noise.
The output of this filter is a smoothed version of the original price series, which eliminates short-term fluctuations, helping traders focus on longer-term trends. The bilateral filter is applied over a rolling window, adjusting the level of smoothing dynamically based on both the distance between values and their relative price movements.
2. For Loop Calculation for Trend Scoring:
A for-loop is used to calculate the trend score based on the filtered price data. The loop compares the current value to previous values within the specified window, scoring the trend as follows:
+1 for upward movement (when the filtered value is greater than the previous value).
-1 for downward movement (when the filtered value is less than the previous value).
The cumulative result of this loop gives a continuous trend score, which serves as a directional indicator for the market's momentum. By summing the scores over the window period, the loop provides an aggregate value that reflects the overall trend strength. This score helps determine whether the market is experiencing a strong uptrend, downtrend, or sideways movement.
3. Long and Short Conditions:
Once the trend score has been calculated, it is compared against predefined threshold levels:
A long signal is generated when the trend score exceeds the upper threshold, indicating that the market is in a strong uptrend.
A short signal is generated when the trend score crosses below the lower threshold, signaling a potential downtrend or trend reversal.
These conditions provide clear signals for potential entry points, and the color-coding helps traders quickly identify market direction:
Long signals are displayed in green.
Short signals are displayed in red.
These signals are designed to provide high-confidence entries for trend-following strategies, helping traders capture profitable movements in the market.
4. Trend Background and Bar Coloring:
The script offers customizable visual settings to enhance the clarity of the trend signals. Traders can choose to:
Color the bars based on the trend direction: Bars are colored green for long signals and red for short signals.
Change the background color to provide additional context: The background will be shaded green for a bullish trend and red for a bearish trend. This visual feedback helps traders to stay aligned with the prevailing market sentiment.
These features offer a quick visual reference for understanding the market's direction, making it easier for traders to identify when to enter or exit positions.
5. Threshold Lines for Visual Feedback:
Threshold lines are plotted on the chart to represent the predefined long and short levels. These lines act as clear markers for when the market reaches a critical threshold, triggering a potential buy (long) or sell (short) signal. By showing these threshold lines on the chart, traders can quickly gauge the strength of the market and assess whether the trend is strong enough to warrant action.
These thresholds can be adjusted based on the trader's preferences, allowing them to fine-tune the indicator for different market conditions or asset behaviors.
6. Customizable Parameters for Flexibility:
The indicator offers several parameters that can be adjusted to suit individual trading preferences:
Window Period (Bilateral Filter): The window size determines how many past price values are used to calculate the bilateral filter. A larger window increases smoothing, while a smaller window results in more responsive, but noisier, data.
Spatial Sigma (σ_d) and Range Sigma (σ_r): These values control how sensitive the filter is to price changes and the distance between data points. Fine-tuning these parameters allows traders to adjust the degree of noise reduction applied to the price series.
Threshold Levels: The upper and lower thresholds determine when the trend score crosses into long or short territory. These levels can be customized to better match the trader's risk tolerance or asset characteristics.
Visual Settings: Traders can customize the appearance of the chart, including the line width of trend signals, bar colors, and background shading, to make the indicator more readable and aligned with their charting style.
7. Alerts for Trend Reversals:
The indicator includes alert conditions for real-time notifications when the market crosses the defined thresholds. Traders can set alerts to be notified when:
The trend score crosses the long threshold, signaling an uptrend.
The trend score crosses the short threshold, signaling a downtrend.
These alerts provide timely information, allowing traders to take immediate action when the market shows a significant change in direction.
Final Thoughts
The Bilateral Filter For Loop indicator is a robust tool for trend-following traders who wish to reduce market noise and focus on the underlying trend. By applying the bilateral filter and calculating trend scores, this indicator helps traders identify strong uptrends and downtrends, providing reliable entry signals with minimal market noise. The customizable parameters, visual feedback, and alerting system make it a versatile tool for traders seeking to improve their timing and capture profitable market movements.
Thus following all of the key points here are some sample backtests on the 1D Chart
Disclaimer: Backtests are based off past results, and are not indicative of the future.
INDEX:BTCUSD
INDEX:ETHUSD
CRYPTO:SOLUSD
Heikin-Ashi Mean Reversion Oscillator [Alpha Extract]The Heikin-Ashi Mean Reversion Oscillator combines the smoothing characteristics of Heikin-Ashi candlesticks with mean reversion analysis to create a powerful momentum oscillator. This indicator applies Heikin-Ashi transformation twice - first to price data and then to the oscillator itself - resulting in smoother signals while maintaining sensitivity to trend changes and potential reversal points.
🔶 CALCULATION
Heikin-Ashi Transformation: Converts regular OHLC data to smoothed Heikin-Ashi values
Component Analysis: Calculates trend strength, body deviation, and price deviation from mean
Oscillator Construction: Combines components with weighted formula (40% trend strength, 30% body deviation, 30% price deviation)
Double Smoothing: Applies EMA smoothing and second Heikin-Ashi transformation to oscillator values
Signal Generation: Identifies trend changes and crossover points with overbought/oversold levels
Formula:
HA Close = (Open + High + Low + Close) / 4
HA Open = (Previous HA Open + Previous HA Close) / 2
Trend Strength = Normalized consecutive HA candle direction
Body Deviation = (HA Body - Mean Body) / Mean Body * 100
Price Deviation = ((HA Close - Price Mean) / Price Mean * 100) / Standard Deviation * 25
Raw Oscillator = (Trend Strength * 0.4) + (Body Deviation * 0.3) + (Price Deviation * 0.3)
Final Oscillator = 50 + (EMA(Raw Oscillator) / 2)
🔶 DETAILS Visual Features:
Heikin-Ashi Candlesticks: Smoothed oscillator representation using HA transformation with vibrant teal/red coloring
Overbought/Oversold Zones: Horizontal lines at customizable levels (default 70/30) with background highlighting in extreme zones
Moving Averages: Optional fast and slow EMA overlays for additional trend confirmation
Signal Dashboard: Real-time table showing current oscillator status (Overbought/Oversold/Bullish/Bearish) and buy/sell signals
Reference Lines: Middle line at 50 (neutral), with 0 and 100 boundaries for range visualization
Interpretation:
Above 70: Overbought conditions, potential selling opportunity
Below 30: Oversold conditions, potential buying opportunity
Bullish HA Candles: Green/teal candles indicate upward momentum
Bearish HA Candles: Red candles indicate downward momentum
MA Crossovers: Fast EMA above slow EMA suggests bullish momentum, below suggests bearish momentum
Zone Exits: Price moving out of extreme zones (above 70 or below 30) often signals trend continuation
🔶 EXAMPLES
Mean Reversion Signals: When the oscillator reaches extreme levels (above 70 or below 30), it identifies potential reversal points where price may revert to the mean.
Example: Oscillator reaching 80+ levels during strong uptrends often precedes short-term pullbacks, providing profit-taking opportunities.
Trend Change Detection: The double Heikin-Ashi smoothing helps identify genuine trend changes while filtering out market noise.
Example: When oscillator HA candles change from red to teal after oversold readings, this confirms potential trend reversal from bearish to bullish.
Moving Average Confirmation: Fast and slow EMA crossovers on the oscillator provide additional confirmation of momentum shifts.
Example: Fast EMA crossing above slow EMA while oscillator is rising from oversold levels provides strong bullish confirmation signal.
Dashboard Signal Integration: The real-time dashboard combines oscillator status with directional signals for quick decision-making.
Example: Dashboard showing "Oversold" status with "BUY" signal when HA candles turn bullish provides clear entry timing.
🔶 SETTINGS
Customization Options:
Calculation: Oscillator period (default 14), smoothing factor (1-50, default 2)
Levels: Overbought threshold (50-100, default 70), oversold threshold (0-50, default 30)
Moving Averages: Toggle display, fast EMA length (default 9), slow EMA length (default 21)
Visual Enhancements: Show/hide signal dashboard, customizable table position
Alert Conditions: Oversold bounce, overbought reversal, bullish/bearish MA crossovers
The Heikin-Ashi Mean Reversion Oscillator provides traders with a sophisticated momentum tool that combines the smoothing benefits of Heikin-Ashi analysis with mean reversion principles. The double transformation process creates cleaner signals while the integrated dashboard and multiple confirmation methods help traders identify high-probability entry and exit points during both trending and ranging market conditions.
Multi time frame combination signal1. Concept and originality
This indicator was developed with the aim of displaying signals of multiple time frames and moving averages of the fixed time frame different from the current chart. When buying and selling, if you use basic signals such as MACD, RSI, TSI, etc. on a certain time frame, you may miss shorter or longer-term trends. In addition, if a long-term upswing sign occurs and you want to search for a short-term pullback, you may want to use multiple signals of different time frames in combination. Therefore, I aimed to display signals of shorter and longer time frames simultaneously on one chart in addition to the current time frame. Furthermore, I considered a comosite signal that combines each basic signal and moving average line, and combines arbitrary signals of multiple arbitrary time frames in a single indicator.
2. Function
This indicator provides a composite signal that combines multiple basic indicators (MACD, RSI, TSI) and moving average lines on three arbitrary time frames. Other auxiliary functions include Bollinger bands, Ichimoku cloud, Fair Value Gap (FVG), and Order Block (OB). The three time frames can be set independently for each signal.
2.1 Combination signal
When you check "Show combination signal", the signals that combine each checked basic indicator with "and" will be displayed. If you want to combine each basic indicator with "or", uncheck "Combination signal" and check all the indicators you want to use. Each indicator can also be combined with a moving average. The indicators that can be combined with "Combination signal" are MACD, RSI, TSI and moving average. Bollinger bands, Ichimoku Kinko Hyo, Fair Value Gap (FVG) and Order Block (OB) are displayed alone and cannot be incorporated into "Combination signal".
When you check "Show short/middle/long term signal", the checked signals will be displayed on the chart with ▲ or ▼. ▲ indicates crossover and ▼ indicates crossunder. Short is displayed small and long is displayed large. The short/middle/long time frames can be set separately. It is not necessary that the short is shorter than the middle or long.
2.2 MACD signal
Check "Show MACD signal" to display the MACD (Moving Average Convergence Divergence) signal. Check "Show short/middle/long term signal" to display the signal of the checked time frame with ▲ or ▼ on the chart. Short is displayed small, and long is displayed large. The short/middle/long time frames can be set separately. Short does not necessarily have to be shorter than middle or long. EMA is usually used for the moving average of MACD, but this indicator allows you to select the type of moving average from SMA, EMA, SMMA (RMA), WMA, and VWMA. You can enter the base period for Long, Short, and Signal. This period is the period for the selected time frame. Check "Use impulse MACD" to suppress signals in range markets. In this case, "Long length", "Short length", and "Signal length" are ignored and the value of "Impulse MACD length" is applied. Please note that some functions do not work properly on charts that do not provide volume.
2.3 RSI signal
Check "Show RSI signal" to display the RSI (Relative Strength Index) signal. Check "Show short/middle/long term signal" to display the signal of the checked time frame on the chart with ▲ or ▼. Short is displayed small, and long is displayed large. Short/middle/long time frames can be set separately. Short does not necessarily have to be shorter than middle and long. You can enter the overbought and oversold thresholds in the range of 0 to 100. You can enter the base period of the signal. Check "Use VRSI" to add volume to the RSI. Check "Use Stochastic RSI" to display the Stochastic RSI signal. In this case, the base period of the RSI signal is ignored. For Stochastic RSI, you can enter the type of moving average, the period for smoothing, and the base period. These values are ignored by the normal RSI and VRSI. Please note that some functions do not work properly on charts for which volume is not provided.
2.4 TSI signal
Checking "Show TSI signal" displays the TSI (True Strength Index) signal. Checking "Show short/middle/long term signal" displays the signals of the checked time frame as ▲ or ▼ on the chart. Short is displayed small, and long is displayed large. The short/middle/long time frames can be set separately. Short does not necessarily have to be shorter than the middle and long. You can enter the overbought and oversold thresholds in the range of -100 to 100. You can enter the base period for Long, Short, and Signal. You can select the type of moving average from SMA, EMA, SMMA (RMA), WMA, and VWMA. Please note that some functions do not work properly on charts for which volume is not provided.
2.5 Moving average
Check "Show moving average" to display the moving average for the specified time frame. The time frame can be set to match the chart time frame or fixed. The type of moving average can be selected from SMA, EMA, SMMA (RMA), WMA, and VWMA. Check each "Show MA" to display the moving average on the chart. Up to five moving averages can be displayed. Check each "Above MA" or "Below MA" to add the "and" condition in "Combination signal" whether the price is above or below the moving average.
2.6 Bollinger band
Check "Show bollinger band" to display the Bollinger band. You can enter the time frame, type of moving average, base period, and standard deviation. The type of moving average can be selected from SMA, EMA, SMMA (RMA), WMA, and VWMA. This auxiliary function is independent and is not taken into account in "Combination signal".
2.7 Ichimoku cloud
Check "Show Ichimoku cloud" to display the Ichimoku cloud. You can enter the time frame, base period, leading line and lagging line periods. This auxiliary function is independent and is not taken into account in "Combination signal".
2.8 Fair Value Gap
Check "Show fair value gap" to display the Fair Value Gap. Check "Show short/middle/long term signal" to display the Fair Value Gap zone of the checked time frame as a gray square on the chart. You can set the threshold value to suppress the display and whether or not to display the label. This auxiliary function is independent and is not taken into account in "Combination signal".
2.9 Order Block
Check "Show order block" to display the Order Block. Check "Show short/middle/long term signal" to display the Order Block zone of the checked time frame as a green or red square on the chart. You can set the threshold value to suppress the display and whether or not to display the label. This auxiliary function is independent and does not contribute to the "Combination signal".
Trending Indicator: Price % of Pivots# Price % of Pivots Indicator
## Overview
A trend-following indicator that measures current price position relative to recent pivot highs and lows as percentages, providing normalized trend analysis across all timeframes and instruments.
## Key Features
- **Real-time trend table** with live signal updates (Strong Bullish/Bearish, Leaning Bullish/Bearish, Neutral)
- **Dual percentage tracking**: Price % of high pivot and low pivot % of current price
- **Universal compatibility** - works on any timeframe and asset class
- **Faster than some other trend indicators** - catches trend changes earlier with less lag
## Trading Signals
- **Bullish bias**: When price % of high pivot > low pivot % of price
- **Bearish bias**: When low pivot % of price > price % of high pivot
- **Customizable thresholds** (default 99%) with alert system
- **Color-coded backgrounds** for immediate visual confirmation
## Configuration
- Adjustable pivot lookback period (5-100 bars)
- Customizable left/right bars for pivot confirmation
- Threshold settings from 50-110% with 0.5% increments
- Full color customization for all elements
## Advantages
- **Speed**: More responsive than traditional ATR-based indicators
- **Clarity**: Clean percentage-based display with professional info table
- **Alerts**: Multiple conditions for automated and manual trading
- **Versatility**: Effective for day trading, swing trading, and multi-timeframe analysis
Perfect for traders seeking a fast, reliable trend indicator that works consistently across all markets and timeframes.
ML Super Divergence + ADX ConfirmationThe "ML Super Divergence + ADX Confirmation" indicator is a powerful tool designed for technical traders who want to combine machine learning-inspired divergence signals with the ADX (Average Directional Index) trend strength indicator for more reliable trade signals.
This script is written in Pine Script v6 and is suitable for use on TradingView charts. It visually highlights potential buy and sell opportunities and also generates alerts when conditions are met.
📈 Core Components:
1. ADX System (Average Directional Index):
Measures trend strength, not direction.
Calculated using a 14-period (user-configurable) setting.
DI+ (Positive Directional Index) and DI− (Negative Directional Index) are used to gauge bullish and bearish pressure.
Signals are only valid when ADX > threshold (e.g., 20), ensuring that the trend is strong enough to act upon.
2. Simulated ML Super Divergence Signal:
This is a placeholder for actual ML-based divergence detection.
For demonstration, it simulates:
Bullish divergence: when RSI crosses above 30 and OBV (On-Balance Volume) is rising.
Bearish divergence: when RSI crosses below 70 and OBV is falling.
This approximation helps visualize how real ML divergence signals could be integrated.
✅ Buy Signal Conditions:
A buy signal is plotted when:
A bullish divergence is detected.
DI+ is greater than DI− (i.e., bullish directional strength).
ADX is above the minimum threshold (confirming a strong trend).
📍 Visual cue: Green upward triangle below the price bar.
🔔 Alert Triggered: "Buy Signal: ML Super Divergence + DI+ + ADX Confirmation"
❌ Sell Signal Conditions:
A sell signal is plotted when:
A bearish divergence is detected.
DI− is greater than DI+ (i.e., bearish directional strength).
ADX is above the threshold.
📍 Visual cue: Red dot above the price bar.
🔔 Alert Triggered: "Sell Signal: ML Super Divergence + DI- + ADX Confirmation"
DI+ Trend Tracker & Prediction (v6) DI+ Trend Tracker & Prediction – Pine Script v6
🔍 Overview
This custom TradingView indicator focuses exclusively on the +DI (Positive Directional Indicator) component of the ADX (Average Directional Index) system. It tracks recent DI+ values, analyzes trend strength and direction, and applies a simple predictive model to estimate DI+ for the next trading day.
🧠 Key Features
✅ 1. DI+ History Table (Last 4 Days)
Displays DI+ values for the past 4 completed bars.
Helps traders observe momentum and directional strength in a structured view.
📈 2. Percentage Change Calculations
Daily % Change: Shows change between the current DI+ and the previous day.
Average % Change (3 Days): Measures average change over the last 3 sessions to identify the directional consistency.
🔮 3. Predictive DI+ Estimation
Uses a linear regression (ta.linreg) over the last 4 DI+ values to estimate the next day’s DI+ reading.
This is a simple "AI-style" statistical model, providing a forecast for tomorrow’s directional strength.
📉 4. Buy/Sell Signal Generation
Buy Signal: Triggered when DI+ rises steadily over 3 days.
Sell Signal: Triggered when DI+ drops steadily over 3 days.
These signals are shown both in the table and directly on the chart with triangle markers.
📋 5. Clean Table Display
The indicator uses a top-right table to clearly present:
4-day DI+ history
Daily and average percentage changes
Predicted DI+ value
Current signal
DI+ for today
🔧 Inputs
ADX Length: Period for the DI+ calculation (default: 14)
ADX Smoothing: Smoothing period for the ADX and DMI components (default: 14)
🎯 Use Case
This indicator is ideal for:
Traders who focus on trend strength and directional movement.
Those seeking a quantitative edge by forecasting DI+.
Anyone wanting a visual cue system without overly complex strategy rules.
📌 Notes
This indicator does not include full ADX or DI− components.
It is meant for signal analysis, trend confirmation, and forecasting, not full strategy backtesting.
Parabolic Run Detector (With Weighted Caution)This indicator, Parabolic Run Detector (With Weighted Caution), is designed to help traders identify moments of strong directional movement (I call it a run) in asset prices, especially those that exhibit a parabolic character. It uses a combination of log-scale price slopes, RSI momentum, and Ichimoku cloud structure (via the very useful Tenkan-Kijun "clamp") to evaluate whether a price move has both strength and sustainability. When certain thresholds are met, it marks the beginning of a potential run with a green circle below the price chart, helping traders spot entries early in high-momentum conditions.
In addition to identifying the start of a run, the indicator also looks for end-of-run caution signals. These are marked with orange circles, indicating potential exhaustion or overextension. The caution logic doesn’t require all conditions to trigger at once — instead, it uses a weighted scoring system based on RSI extension, slowing price momentum (second derivative), and the widening of the Ichimoku clamp. If these conditions cross a confidence threshold within a set number of bars after a run begins, the caution signal fires. This allows traders to stay alert to reversal or consolidation risks without being prematurely spooked by noise. So, choose to ignore them, but they are there for you to assess.
You can fine-tune sensitivity with a set of adjustable parameters, including minimum slope values, RSI reversion awareness (bias weight), clamp thresholds, and spacing between signals. So play around to see what works best for you! For advanced users, the option to toggle between static or dynamically calculated RSI baselines and adapt Ichimoku settings for crypto vs. legacy markets adds another layer of contextual accuracy. Whether you're trading Bitcoin on a 4-hour chart or scanning equities on a daily timeframe, this tool helps bring clarity to trend acceleration and potential fatigue, all while minimizing visual clutter and giving you intuitive visual cues.
Let me know what you think.
Vix_Fix Enhanced MTF [Cometreon]The VIX Fix Enhanced is designed to detect market bottoms and spikes in volatility, helping traders anticipate major reversals with precision. Unlike standard VIX Fix tools, this version allows you to control the standard deviation logic, switch between chart styles, customize visual outputs, and set up advanced alerts — all with no repainting.
🧠 Logic and Calculation
This indicator is based on Larry Williams' VIX Fix and integrates features derived from community requests/advice, such as inverse VIX logic.
It calculates volatility spikes using a customizable standard deviation of the lows and compares it to a moving high to identify potential reversal points.
All moving average logic is based on Cometreon's proprietary library, ensuring accurate and optimized calculations on all 15 moving average types.
🔷 New Features and Improvements
🟩 Custom Visual Styles
Choose how you want your VIX data displayed:
Line
Step Line
Histogram
Area
Column
You can also flip the orientation (bottom-up or top-down), change the source ticker, and tailor the display to match your charting preferences.
🟩 Multi-MA Standard Deviation Calculation
Customize the standard deviation formula by selecting from 15 different moving averages:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
WMA (Weighted Moving Average)
RMA (Smoothed Moving Average)
HMA (Hull Moving Average)
JMA (Jurik Moving Average)
DEMA (Double Exponential Moving Average)
TEMA (Triple Exponential Moving Average)
LSMA (Least Squares Moving Average)
VWMA (Volume-Weighted Moving Average)
SMMA (Smoothed Moving Average)
KAMA (Kaufman’s Adaptive Moving Average)
ALMA (Arnaud Legoux Moving Average)
FRAMA (Fractal Adaptive Moving Average)
VIDYA (Variable Index Dynamic Average)
This gives you fine control over how volatility is measured and allows tuning the sensitivity for different market conditions.
🟩 Full Control Over Percentile and Deviation Conditions
You can enable or disable lines for standard deviation and percentile conditions, and define whether you want to trigger on over or under levels — adapting the indicator to your exact logic and style.
🟩 Chart Type Selection
You're no longer limited to candlestick charts! Now you can use Vix_Fix with different chart formats, including:
Candlestick
Heikin Ashi
Renko
Kagi
Line Break
Point & Figure
🟩 Multi-Timeframe Compatibility Without Repainting
Use a different timeframe from your chart with confidence. Signals remain stable and do not repaint. Perfect for spotting long-term reversal setups on lower timeframes.
🟩 Alert System Ready
Configure alerts directly from the indicator’s panel when conditions for over/under signals are met. Stay informed without needing to monitor the chart constantly.
🔷 Technical Details and Customizable Inputs
This indicator includes full control over the logic and appearance:
1️⃣ Length Deviation High - Adjusts the lookback period used to calculate the high deviation level of the VIX logic. Shorter values make it more reactive; longer values smooth out the signal.
2️⃣ Ticker - Choose a different chart type for the calculation, including Heikin Ashi, Renko, Kagi, Line Break, and Point & Figure.
3️⃣ Style VIX - Change the visual style (Line, Histogram, Column, etc.), adjust line width, and optionally invert the display (bottom-to-top).
📌 Fill zones for deviation and percentile are active only in Line and Step Line modes
4️⃣ Use Standard Deviation Up / Down - Enable the overbought and oversold zone logic based on upper and lower standard deviation bands.
5️⃣ Different Type MA (for StdDev) - Choose from 15 different moving averages to define the calculation method for standard deviation (SMA, EMA, HMA, JMA, etc.), with dedicated parameters like Phase, Sigma, and Offset for optimized responsiveness.
6️⃣ BB Length & Multiplier - Adjust the period and multiplier for the standard deviation bands, similar to how Bollinger Bands work.
7️⃣ Show StdDev Up / Down Line - Enable or disable the visibility of upper and lower standard deviation boundaries.
8️⃣ Use Percentile & Length High - Activate the percentile-based logic to detect extreme values in historical volatility using a customizable lookback length.
9️⃣ Highest % / Lowest % - Set the high and low percentile thresholds (e.g., 85 for high, 99 for low) that will be used to trigger over/under signals.
🔟 Show High / Low Percentile Line - Toggle the visual display of the percentile boundaries directly on the chart for clearer signal reference.
1️⃣1️⃣ Ticker Settings – Customize parameters for special chart types such as Renko, Heikin Ashi, Kagi, Line Break, and Point & Figure, adjusting reversal, number of lines, ATR length, etc.
1️⃣2️⃣ Timeframe – Enables using SuperTrend on a higher timeframe.
1️⃣3️⃣ Wait for Timeframe Closes -
✅ Enabled – Displays Vix_Fix smoothly with interruptions.
❌ Disabled – Displays Vix_Fix smoothly without interruptions.
☄️ If you find this indicator useful, leave a Boost to support its development!
Every feedback helps to continuously improve the tool, offering an even more effective trading experience. Share your thoughts in the comments! 🚀🔥
Triad RotationHey guys, this is the first indicator I've created. I have done some selective testing to validate the calculations against the FullStochastic indicators using the same settings.
From my review it looks to match correctly, but please do your own due diligence to verify this indicator matches your needs and strategy.
This indicator was designed closely with the Quad rotation strategy, where you use multiple stochastic indicators to identify overbought and oversold conditions.
Once all the stochastics are determined to be over/under the overbought/oversold threshold, the section will be highlighted red or green based on which condition is met. Green indicates a potential period to buy, and red indicates a potential period to sell.
P.S. I pair this with the MACD indicator to determine momentum of to aid in determining entry and exits, along with support and resistance levels. Thus far, I am an unprofitable trader, so this strategy may change. Again do your own due diligence to design a strategy that works for you.
FX 2025 - Triple EMA Entrada y Cierre ÚnicaCruce de emas 9/21/50, se recomienda combinar con los indicadores de volumen y macd
EMA 9: Represents very short-term price movement.
EMA 21: Smoother and shows short-term trend.
EMA 50: Reflects the medium-term trend.
Common signals:
Bullish crossover: When the EMA 9 crosses above the EMA 21 (and preferably also the EMA 50), it’s seen as a buy signal.
Bearish crossover: When the EMA 9 crosses below the EMA 21 or 50, it may signal a sell or correction.
RSI TrendSignal🔍 **Smart RSI System – Free & Open Source**
A powerful RSI-based indicator designed for traders who want clarity, simplicity, and filtered signals that *actually mean something*.
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### 🎯 Key Features:
✅ Classic RSI with custom smoothing
✅ Optional Bollinger Bands over RSI
✅ Built-in Divergence Detection (Regular Bullish/Bearish)
✅ Dynamic Buy/Sell Conditions based on RSI + MA cross
✅ STAR signals for high-conviction entries (Overbought/Oversold + strength filter)
✅ ATR-based strength filter and custom visualizations
✅ Works great on **crypto**, **forex**, or **indices**
✅ Fully open-source and beginner-friendly!
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### 📊 Recommended Timeframes:
15min, 1H, 4H, Daily – test and adjust settings for your style.
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### ⚙️ How to Use:
1. Watch for **Buy/Sell** shapes when RSI confirms crossover with smoothed MA.
2. **STAR signals** are stronger – when RSI is above 70 or below 30 with momentum separation.
3. Divergences (optional) can confirm reversals.
4. Use ATR plot or your own trailing stop logic for exit strategy.
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🔔 Alerts are built-in and ready to use.
📌 You can connect them to bots, webhooks, or Telegram (see alert templates in the script).
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🧠 **Built by a trader, for traders.**
Use this as a base and build your own version – or just trade it as is.
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💬 **Feedback / Questions / Want to talk?**
Feel free to message me on Telegram:
👉 (t.me/Ario_pinescript_pogramer)
This is a clean version of RSI TrendSignal with improved alerts.
It uses RSI cross with a smoothed moving average to generate filtered buy/sell signals.
No external links or bots. Fully compliant with TradingView rules.
📺 Demo & Tutorial coming soon on my YouTube channel – stay tuned
EMA 12/21 Crossover with ATR-based SL/TP📈 Ultimate Scalper v2
Strategy Type: Trend-Pullback Scalping
Indicators Used: EMA (12/21), MACD Histogram, ADX, ATR
Platform: TradingView (Pine Script v5)
Author:
🎯 Strategy Overview
The Ultimate Scalper v2 is a scalping strategy that catches pullbacks within short-term trends using a dynamic combination of 12/21 EMA bands, MACD Histogram crossovers, and ADX for trend confirmation. It uses ATR-based stop-loss and take-profit levels, making it suitable for volatility-sensitive environments.
🧠 Logic Breakdown
🔍 Trend Detection
Uses the 12 EMA and 21 EMA to identify the short-term trend:
Uptrend: EMA 12 > EMA 21 and ADX > threshold
Downtrend: EMA 12 < EMA 21 and ADX > threshold
The ADX (default: 25) filters out low-momentum environments.
📉 Pullback Identification
Once a trend is detected:
A pullback is flagged when the MACD Histogram moves against the trend (below 0 in uptrend, above 0 in downtrend).
An entry signal is triggered when the histogram crosses back through zero (indicating momentum is resuming in the trend direction).
🟢 Entry Conditions
Long Entry:
EMA 12 > EMA 21
ADX > threshold
MACD Histogram was below 0 and crosses above 0
Short Entry:
EMA 12 < EMA 21
ADX > threshold
MACD Histogram was above 0 and crosses below 0
❌ Exit Logic (ATR-based)
The strategy calculates stop-loss and take-profit levels using ATR at the time of entry:
Stop-Loss: Entry Price −/+ ATR × Multiplier
Take-Profit: Entry Price ± ATR × 2 × Multiplier
Default ATR Multiplier: 1.0
⚙️ Customizable Inputs
ADX Threshold: Minimum trend strength for trades (default: 25)
ATR Multiplier: Controls SL/TP distance (default: 1.0)
📊 Visuals
EMA 12 and EMA 21 band can be added manually for visual reference.
Entry and exit signals are plotted via TradingView’s built-in backtesting engine.
⚠️ Disclaimer
This is a backtesting strategy, not financial advice. Performance varies across markets and timeframes. Always combine with additional confluence or risk management when going live.
BBS – Bond Breadth Signal"When bonds scream, breadth collapses, and fear spikes — BBS listens."
🧠 BBS – Bond Breadth Signal
A reversal timing tool built on macro conviction, not price noise.
The Bond Breadth Signal (BBS) was developed to identify major market inflection points by combining four key market stress indicators:
1) 10-Year Yield ROC – Measures sharp moves in the bond market
2) Z-Score of the 10Y – Captures statistical extremes
3) NSHF (Net Highs–Lows) – Signals internal market strength or weakness
4) TLT ROC + VIX – Confirmations of flight to safety and volatility-driven fear
When all conditions align, BBS marks either a For-Sure Buy or For-Sure Sell — these are rare, high-confidence signals designed to cut through noise and focus on true market dislocations.
🔧 Features:
-Background color and signal arrows on confirmation days
-Signals remain visually active for 3 days for added clarity
-Fully adjustable thresholds and alert toggles
-Plot panel for yield, TLT, NSHF, VIX, and Z-score visuals
This tool isn’t designed to fire every day. It’s meant to wait for those moments when the market truly bends — not just wiggles.
Best used on major indices (SPY, QQQ, IWM) to assess macro turning points.
Chaikin Oscillator with EMA and AlertsOverview
This indicator plots the classic Chaikin Oscillator along with an EMA overlay to help identify changes in accumulation or distribution momentum. It includes visual markers and built-in alerts for key crossover events such as crossing the zero line and crossing above or below the Chaikin EMA.
Concepts
The Chaikin Oscillator is calculated as the difference between two EMAs of Accumulation/Distribution (A/D) volume. It is used to measure the momentum behind buying and selling pressure. An EMA is applied to the oscillator itself to smooth out signals and provide an additional layer of trend confirmation. Crossovers above or below zero, and above or below the EMA, are interpreted as potential signals of market sentiment shifts.
How to Use the Indicator
Apply the indicator to any chart and select your preferred short, long, and EMA lengths. The script will plot the Chaikin Oscillator in teal and its EMA in red. Triangles and labels will appear on the chart when the oscillator crosses above or below the zero line, or when it crosses its EMA. Green triangles indicate bullish zero-line crossovers, while red triangles indicate bearish ones. Lime and maroon labels signal EMA crossovers. Use these signals to assess momentum shifts and potential entry or exit points.
Interpretation
When the Chaikin Oscillator is above zero and rising, it suggests strong buying pressure. When it is below zero and falling, it suggests strong selling pressure. A crossover above the EMA may indicate an emerging bullish trend, while a crossover below the EMA may suggest increasing bearish momentum. Using both the zero line and EMA crossover together helps filter noise and improves reliability of momentum-based signals.
Notes
The indicator includes four alert conditions that can be enabled in TradingView to notify you of Chaikin Oscillator crossovers. It works across all asset classes and timeframes. This tool is especially useful for identifying momentum shifts ahead of price moves and for confirming volume-based signals in trend continuation or reversal scenarios. Adjust input lengths to suit your trading style or the volatility of the instrument you are analyzing.
Chaikin Oscillator Multi-Timeframe BiasOverview
Chaikin Oscillator Multi-Timeframe Bias is an indicator designed to help traders align with institutional buying and selling activity by analyzing Chaikin Oscillator signals across two timeframes—a higher timeframe (HTF) for trend bias and a lower timeframe (LTF) for timing. This dual-confirmation model helps traders avoid false breakouts and trade in sync with market momentum and accumulation or distribution dynamics.
Core Concepts
The Chaikin Oscillator measures the momentum of accumulation and distribution based on price and volume. Institutional traders typically accumulate slowly and steadily, and the Chaikin Oscillator helps reveal this pattern. Multi-timeframe analysis confirms whether short-term price action supports the longer-term trend. This indicator applies a smoothing EMA to each Chaikin Oscillator to help confirm direction and reduce noise.
How to Use the Indicator
Start by selecting your timeframes. The higher timeframe, set by default to Daily, establishes the broader directional bias. The lower timeframe, defaulted to 30 minutes, identifies short-term momentum confirmation. The indicator displays one of five labels: CALL Bias, CALL Wait, PUT Bias, PUT Wait, or NEUTRAL. CALL Bias means both HTF and LTF are bullish, signaling a potential opportunity for long or call trades. CALL Wait indicates that the HTF is bullish, but the LTF hasn’t confirmed yet. PUT Bias signals bearish alignment in both HTF and LTF, while PUT Wait indicates HTF is bearish and LTF has not yet confirmed. NEUTRAL means there is no alignment between timeframes and directional trades are not advised.
Interpretation
When the Chaikin Oscillator is above zero and also above its EMA, this indicates bullish momentum and accumulation. When the oscillator is below zero and below its EMA, it suggests bearish momentum and distribution. Bias labels identify when both timeframes are aligned for a higher-probability directional setup. When a “Wait” label appears, it means one timeframe has confirmed bias but the other has not, suggesting the trader should monitor closely but delay entry.
Notes
This indicator includes alerts for both CALL and PUT bias confirmation when both timeframes are aligned. It works on all asset classes, including stocks, ETFs, cryptocurrencies, and futures. Timeframes are fully customizable, and users may explore combinations such as 1D and 1H, or 4H and 15M depending on their strategy. For best results, consider pairing this tool with volume, volatility, or price action analysis.
System 0530 - Stoch RSI Strategy v13 SL-Priority TP-ReversalStrategy Overview: System 0530 - Stochastic RSI Multi-Timeframe
This TradingView Pine Script outlines a strategy primarily based on the Stochastic RSI (Stoch RSI) indicator, employing a multi-timeframe approach for signal generation and confirmation. It is designed to operate on a 5-minute chart, referencing 15-minute data for higher-level context.
Core Mechanics:
Primary Indicator: Stochastic RSI, used to identify overbought/oversold conditions and potential momentum shifts.
Timeframes:
5-minute chart: For initial signal triggers and primary execution.
15-minute chart: For signal confirmation and certain take-profit conditions.
Entry Logic:
Bullish Market Bias Adjustment: Reflecting an overall bullish market trend, this strategy is intended to be applied with more tolerance or lower requirements for triggering long positions compared to short positions. This can be achieved by adjusting the input parameters accordingly (e.g., setting a higher stoch_5min_k_long_trigger threshold, allowing longs to trigger when less oversold, or a higher stoch_15min_long_entry_level, requiring less deep confirmation for longs).
5-Minute Initial Trigger:
Long: 5-minute Stoch RSI K-line crosses above its D-line, AND the K-value at the time of the cross is below a specified stoch_5min_k_long_trigger level.
Short: 5-minute Stoch RSI K-line crosses below its D-line, AND the K-value at the time of the cross is above a specified stoch_5min_k_short_trigger level.
15-Minute Confirmation:
After a 5-minute trigger, the strategy waits for a configurable number of 5-minute bars (wait_window_5min_bars) for confirmation from the 15-minute timeframe.
Long Confirmation: 15-minute Stoch RSI K-line must be strictly greater than its D-line, AND the 15-minute K-value must be below stoch_15min_long_entry_level.
Short Confirmation: 15-minute Stoch RSI K-line must be strictly less than its D-line, AND the 15-minute K-value must be above stoch_15min_short_entry_level.
Position Lock: No new entry signals are generated if the strategy already holds an open position.
Duplicate Signal Filter: A cooldown period, defined by min_bars_between_signals, must pass before another signal in the same direction can be considered.
Exit Logic:
Stop-Loss (SL):
The SL is set based on the low (for longs) or high (for shorts) of the 5-minute bar on which the trade was entered.
The position is closed if a subsequent 5-minute bar's closing price moves beyond this SL level.
SL checks are prioritized over Take-Profit checks.
Take-Profit (TP) - Two-Stage Mechanism:
TP1 (Closes 50% of the position):
Priority A (Extreme K Levels): If the 5-minute Stoch K OR 15-minute Stoch K value exceeds extreme_long_tp_level (for longs) or drops below extreme_short_tp_level (for shorts).
Priority B (Conditional 5-min Cross + 15-min K-Reversal): If Extreme K conditions are not met, TP1 is triggered if:
A 5-minute Stoch RSI K/D crossover occurs (K crosses below D for longs; K crosses above D for shorts - using strict ta.crossunder/ta.crossover).
AND this 5-minute crossover is confirmed by a 15-minute Stoch K-value "reversal" (current 15m K < previous 15m K for longs; current 15m K > previous 15m K for shorts).
TP2 (Closes remaining 50% of the position):
This stage is active only after TP1 has been taken.
If the 5-minute Stoch K OR 15-minute Stoch K value reaches the same extreme_long_tp_level or extreme_short_tp_level again, a waiting period begins, defined by tp2_extreme_k_wait_bars (number of 5-minute bars).
If the extreme K condition persists after this waiting period, TP2 is executed.
If the extreme K condition disappears during the waiting period, the TP2 attempt for that instance is cancelled.
If tp2_extreme_k_wait_bars is set to 0, TP2 will trigger immediately upon the extreme K condition being met after TP1.
Note on Fine-Tuning (as per user context):
This strategy has been specifically fine-tuned for SPY. As with any trading system, its performance can vary across different instruments and market conditions. The user notes that to potentially maximize profits, especially in trending scenarios where the current "Extreme K" based TP2 might exit prematurely, it is advisable to explore and integrate other indicators or alternative take-profit methodologies. Dynamic approaches like ATR (Average True Range) trailing stops or trend-following exit signals could be considered for managing the second portion of the position.
🔥 Delta Emo + VWAP HUD (Clean) Delta Emo + VWAP HUD (Clean)
Overview
The Delta Emo + VWAP HUD (Clean) is a powerful and visually intuitive Pine Script® indicator designed to provide traders with real-time market insights directly on their charts. This all-in-one heads-up display (HUD) consolidates critical technical metrics—price action, volume surges, VWAP, RSI, MACD, and session time—into a sleek, customizable table. Built for traders who value clarity and efficiency, this indicator helps you stay focused on key market dynamics without cluttering your workspace.
Key Features
Price & Change Tracking : Displays the current price and percentage change, color-coded for quick identification of bullish (lime) or bearish (red) movements.
Volume Surge Detection : Identifies high-volume "HYPE" moments (volume > 1.5x the 20-period SMA) and directional volume trends (UP, DOWN, or NEUTRAL), highlighted with vivid orange for surges.
VWAP Integration : Tracks the Volume Weighted Average Price (VWAP) and signals whether the price is above (bullish, lime) or below (bearish, red) the VWAP line.
RSI Analysis : Monitors the 14-period Relative Strength Index (RSI), labeling overbought (>70), oversold (<30), or neutral conditions with dynamic color coding (orange for overbought, lime for oversold, gray for neutral).
MACD Trend : Evaluates the MACD (12, 26, 9) to display bullish (lime), bearish (red), or flat (gray) trends based on the MACD line's position relative to the signal line.
Session Clock : Shows the current time (HH:MM) for real-time session awareness.
Clean HUD Design : Presents all metrics in a compact, top-right table with a professional black background and white text, ensuring readability and minimal chart obstruction.
Why Use This Indicator?
The Delta Emo + VWAP HUD is ideal for traders seeking a streamlined, data-driven approach to decision-making. Whether you're a day trader, swing trader, or scalper, this indicator delivers actionable insights at a glance. The combination of volume surge detection, VWAP positioning, RSI conditions, and MACD trends empowers you to gauge market momentum, identify potential reversals, and align with broader trends—all from a single, user-friendly interface.
How It Works
The HUD updates on every bar, ensuring real-time data accuracy.
Color-coded metrics (lime for bullish, red for bearish, orange for high-energy states, gray for neutral) make it easy to interpret market conditions instantly.
The indicator is lightweight, overlay-friendly, and designed to complement any trading setup without overwhelming the chart.
Usage Tips
Scalping : Use volume surges ("HYPE") and VWAP positioning to time entries and exits during high-momentum periods.
Swing Trading : Leverage RSI and MACD signals to confirm trend direction and avoid overbought/oversold traps.
Customization : Adjust the RSI period, MACD settings, or volume surge threshold in the code to match your trading style.
License
This script is released under the Mozilla Public License 2.0 (mozilla.org).
Author
© StanTheTradingMan
Get Started
Add the Delta Emo + VWAP HUD (Clean) to your TradingView chart and take control of your trading with real-time, actionable insights. Stay ahead of the market with this clean, professional, and powerful tool!
Combined ATPC & MACD DivergenceTrend Optimizer + Divergence Finder in One Unified Tool
🔍 Overview:
This powerful dual-system indicator merges two proven analytical engines:
✅ The Algorganic Typical Price Channel (ATPC) — a custom trend oscillator that highlights mean-reversion and directional bias.
✅ A refined MACD system with divergence detection, enhanced with an adjusted Donchian midline for real-time trend strength filtering.
Together, they provide a high-confidence, multi-signal system ideal for swing trading, scalping, or confirming reversals with context.
⚙️ Core Components & Logic
🧠 1. ATPC Engine (Trend Commodity Index)
A momentum and volatility-normalized oscillator based on the typical price (H+L+C)/3:
TrendCI Line (Blue) – Main trend signal based on smoothed CCI logic.
TrendLine2 (Orange) – A slower smoothing of TrendCI for crossovers.
Key Zones (customizable):
🔴 Ultra Overbought: +73
🟣 Overbought: +58
🟣 Oversold: -58
🔴 Ultra Oversold: -73
Trade Logic:
✅ Buy Signal: TrendCI crosses above TrendLine2 while in oversold zone
❌ Sell Signal: TrendCI crosses below TrendLine2 while in overbought zone
Additional visual feedback:
Histogram Bars show strength and direction of momentum shift
Green/Red Circles highlight potential long/short setups
📉 2. MACD System + Divergence Finder
Classic MACD enhanced with a Donchian Midline overlay to filter trend bias.
🔷 MACD Line and 🟠 Signal Line show crossover momentum
🟩/🟥 Histogram shows distance from the signal line
🟪 Adjusted Donchian Midline dynamically adapts to range-bound vs trending environments
Background Color provides real-time trend state:
✅ Green = Bullish Trend
❌ Red = Bearish Trend
No color = Neutral / Choppy
MACD Boundaries (user-defined):
Overbought: +1.0
Oversold: -1.0
🔀 3. Divergence Detection
Spot hidden power shifts before price reacts:
🔼 Positive Divergence – Price makes lower lows, but MACD histogram rises
🔽 Negative Divergence – Price makes higher highs, but MACD histogram weakens
These are visually marked with:
Green “+Div” label (bullish reversal cue)
Red “–Div” label (bearish exhaustion signal)
🎯 How to Use It
For Trend Traders:
Stay in sync with macro trend using MACD histogram + background
Use ATPC crossovers for precision entries
Avoid signals during neutral background (chop filter)
For Reversal Traders:
Look for bullish +Div with ATPC buy signal in oversold zone
Look for bearish –Div with ATPC sell signal in overbought zone
Mid-Donchian line can act as confluence or breakout trigger
For Scalpers & Intraday Traders:
Combine with VWAP, liquidity zones, or order flow levels
ATPC crossovers + MACD histogram zero-line flip = potential scalp entry
Use histogram slope and divergence to avoid false momentum traps
🧩 Customizable Inputs
🎛️ ATPC: Channel & Smoothing lengths, overbought/oversold thresholds
🎛️ MACD: Fast/slow EMAs, signal smoothing, Donchian period, bounds
🎨 Fully theme-compatible with adjustable colors and line styles
🔔 Alerts (Add Your Own)
While this version doesn’t contain built-in alerts, you can easily add alerts based on:
buySignal or sellSignal from ATPC logic
Histogram cross zero or trend flip
MACD Divergence event
📜 “This indicator doesn't just show signals—it tells a story about who’s in control of the market, and when that control might be slipping.”
Momentum StrategyMomentum Strategy using Volume, RSI and MACD
Optimised using AI to determine:
"Volume MA Lookback" and Volume Spike Threshold"
"RSI Length" vs. "RSI Midline Level"
"MACD Fast Length" , "MACD Slow Length" and"MACD Signal Length"
to generate a "Slow MA Length"
