Volume Spike GoldDescription:
This script is designed to identify significant volume spikes in the market, which often indicate increased trading activity and potential price movements. Volume spikes can be a precursor to breakouts, reversals, or other significant market events. The script highlights these spikes on the chart, allowing traders to quickly spot periods of unusual trading activity.
Key Features:
Volume Spike Detection: The script calculates the average volume over a user-defined period and identifies spikes that exceed a specified threshold (e.g., 2x or 3x the average volume).
Customizable Threshold: Users can adjust the sensitivity of the volume spike detection by setting a multiplier for the average volume.
Visual Alerts: Volume spikes are highlighted on the chart with colored bars or markers, making them easy to spot.
Alerts: Optional alerts can be set up to notify traders when a volume spike occurs, ensuring they don’t miss potential opportunities.
Historical Analysis: The script can be used to analyze historical data to identify patterns or trends associated with volume spikes.
How It Works:
The script calculates the average volume over a specified lookback period.
It compares the current volume to the average volume and identifies spikes that exceed the user-defined threshold.
When a spike is detected, the script highlights the corresponding candlestick or bar on the chart.
Use Cases:
Breakout Trading: Volume spikes often accompany breakouts from key support or resistance levels.
Reversal Signals: A sudden increase in volume can indicate a potential reversal in price direction.
Confirmation Tool: Use volume spikes to confirm other technical signals, such as moving average crossovers or trendline breaks.
Inputs:
Lookback Period: The number of bars used to calculate the average volume (e.g., 20, 50, or 100).
Volume Multiplier: The threshold multiplier for identifying spikes (e.g., 2.0 for 2x the average volume).
Alert Options: Enable or disable alerts for volume spikes.
Example:
If the average volume over the last 20 bars is 10,000 and the volume multiplier is set to 2.0, the script will highlight any bar with a volume greater than 20,000
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Gold Spread + DXY Confluence Strategy### 🟡 **Gold Spread + DXY Confluence Strategy Indicator**
This custom-built indicator helps you confirm the **real direction of gold (XAU)** by combining:
✅ A **Gold Spread Index** — built from the average of gold priced in six currencies (XAUUSD, XAUAUD, XAUCHF, XAUEUR, XAUGBP, XAU/Silver)
✅ A **normalized DXY overlay** — to compare gold vs USD strength in real time
✅ Visual background zones that show:
- 🟢 Buy confluence (Gold ↑ / DXY ↓)
- 🔴 Sell confluence (Gold ↓ / DXY ↑)
- ⚠️ Divergence (both move same direction — avoid)
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### 📈 Use this tool to:
- Confirm if gold strength is global, not just USD noise
- Avoid trading during low-volume or choppy market conditions
- Get clean, high-probability entries using your own price action or structure strategy
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### 🛠 Features:
- Auto-adjusts to your chart’s timeframe
- Real-time background color zones
- Alerts for buy/sell confluence and divergence
- Clean, minimal overlay for easy decision-making
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**Ideal for intraday traders, swing traders, or anyone trading XAUUSD.**
📩 Want the full lesson breakdown? DM me “GOLD” on Instagram or Telegram.
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🟡 黃金強弱 + 美元指數共振策略指標
這個自製指標可以幫助你確認黃金（XAU）的真實方向，透過結合以下兩個關鍵數據：
✅ 一個黃金強弱指數（Gold Spread Index）
以六種貨幣的黃金報價為平均（XAUUSD、XAUAUD、XAUCHF、XAUEUR、XAUGBP、黃金/白銀）
✅ 一個標準化的美元指數（DXY）疊加線
可以即時對比黃金與美元的相對強弱
✅ 視覺背景區塊：
🟢 買進共振：黃金上漲 / 美元下跌
🔴 賣出共振：黃金下跌 / 美元上漲
⚠️ 偏離狀態：黃金與美元同方向波動（建議避開）
📈 功能與用途：
幫你辨別黃金是否真正強勢，而不只是受美元影響
避開假突破、震盪盤、低成交量時段
搭配你自己的 SNR 策略或結構型進場方式，提高勝率與交易質量
🛠 功能特色：
自動套用你當前圖表的時間週期
背景顏色即時顯示市場狀態
支援警示功能（買進、賣出共振與偏離提醒）
極簡設計，資訊清楚明確
非常適合做 XAUUSD 的日內交易者或波段交易者使用。
📩 想看完整教學課程？到 IG 或 Telegram 傳我訊息「GOLD」。
Prophet Profits Reversal Strategy 💰This Indicator Identifies Key Zones for Reversals based off Liquidity Zones on Higher Time Frames.
This will take a bit of adjustments on the settings. If you have any questions please reach out to connect. @zacharywmorden
KriptoSKriptoS Indicator
KriptoS is a comprehensive indicator designed for cryptocurrency traders seeking robust technical analysis tools. Optimized for 1H, 4H, and 1D timeframes, this indicator combines trend-following, support/resistance analysis, volume analysis, and market dominance data to provide powerful buy/sell signals.
Key Features
Multi-Timeframe Support
The indicator operates on 1-hour (1H), 4-hour (4H), and daily (1D) timeframes. Parameters (Supertrend, RSI, Hull MA, ZigZag) are automatically adjusted for each timeframe.
Supertrend and RSI Integration
Supertrend: Identifies trend direction and generates buy/sell signals.
RSI: Detects overbought (>80) and oversold (<20) conditions, producing top/bottom reversal signals.
Hull Moving Average (Hull MA)
The price-sensitive Hull MA quickly captures trend reversals and provides crossover signals for trading opportunities.
ZigZag-Based Support/Resistance Analysis
Automatically identifies support and resistance levels.
Alerts are triggered when the price approaches (within 1%) or breaks these levels.
Support reaction and resistance rejection signals help analyze price movements.
Volume and Institutional Activity Analysis
Volume strength is categorized (Weak, Moderate, Strong, Very Strong).
Institutional buy/sell signals are detected based on high volume (>300%) and price changes (>2%).
Market Dominance Data
Tracks real-time BTC Dominance (BTCDOM), USDT Dominance (USDTDOM), and total market capitalization (TOTAL, TOTAL2, TOTAL3).
Alerts are generated for dominance changes exceeding 0.5%.
Rapid Market Movements and Pump/Dump Detection
Alerts for price increases (>5%) or decreases (<-5%) within an hour (RapidRise/RapidFall).
Detects pump/dump movements backed by >200% volume surges.
Volatility and ADX Analysis
ATR-based volatility alerts (>3%) highlight high-volatility periods.
ADX measures trend strength for better decision-making.
Visuals and Data Table
Support and resistance levels are displayed as boxes on the chart.
Institutional buy/sell signals are marked with labels.
A table in the top-right corner shows BTC Dominance, USDT Dominance, and total market cap data.
Use Cases
Trend Following: Use Supertrend and Hull MA to identify trend direction.
Support/Resistance Trading: Capture entry/exit points at ZigZag-based levels.
Market Analysis: Monitor dominance and market cap data for broader market trends.
Risk Management: Use volatility and ADX to identify risky market conditions.
Quick Opportunities: Capitalize on pump/dump and institutional signals for rapid price movements.
Setup and Usage
Add the indicator to your TradingView chart.
Select the timeframe (1H, 4H, 1D); parameters adjust automatically.
Observe support/resistance boxes, institutional signal labels, and the market data table on the chart.
Configure alerts (e.g., Long/Short Entry, Support Break, Pump/Dump) for real-time notifications.
Notes
The indicator uses TradingView’s request.security function to fetch external data (BTCDOM, USDTDOM, TOTAL, etc.). Alerts are triggered if data is unavailable.
Alerts are formatted in JSON, making them suitable for bot integrations.
Historical data is supported with max_bars_back=5000 for long-term analysis.
Disclaimer
This indicator is not financial advice. Conduct your own analysis and apply risk management before trading. Cryptocurrency markets are highly volatile; exercise caution.
CMT CMT provides thamn more information than good information it will be a good indicator to set up the things will be a good indicator
Apex Edge™ - Renko Sweep Tracker📊 Apex Edge™ - Renko Sweep Tracker
A complete, trend-filtered reversal system built specifically for the Daily Renko chart on TradingView.
🧱 What Are Renko Charts?
Renko charts are a powerful alternative to candlesticks — they focus only on price movement, filtering out time-based noise.
Each “brick” represents a fixed amount of price movement (like 0.02 or 2.5), so charts form based on price action, not time.
This makes it incredibly effective for:
Spotting real reversals
Tracking momentum
Avoiding fakeouts during choppy markets
Renko charts = pure price logic.
💡 What This Indicator Does:
The Renko Sweep Tracker is designed to track 2-brick reversals in line with the trend and highlights optimal entry points using a visual Hull Moving Average (HMA) and smart exit logic.
It’s a fully self-contained entry/exit system:
✅ Entry arrows for reversal detection
✅ HMA trend ribbon to stay with momentum
✅ Optional structure breakout filter
✅ Trend-colored background
✅ Optional trade lines and exit markers
✅ One-trade-at-a-time logic to keep things clean
🆓 Works With Free TradingView Account
This script is built specifically for TradingView's Free Renko chart, using ATR-based bricks.
Simply set your chart to:
Chart Type: Renko
Timeframe: 1D (Daily)
Style: ATR 14 (Default setting)
No premium subscription needed.
🧠 How To Use It
Open any symbol (works great on Forex, crypto, indices)
Switch to Renko chart
Set timeframe to 1D
Load this indicator
Watch for:
Green triangle = Buy signal
Red triangle = Sell signal
“X” = Exit
Optional: Use the trend ribbon and background to filter trades
Customize all settings under the gear icon:
Trend filters
Exit after X bricks
Show/hide trade visuals
Structure breakout logic
⚙️ Best Used For:
Trend-following Renko traders
Swing entries based on momentum reversals
Clean chart traders who hate noise
Anyone wanting a powerful tool that doesn’t require premium
⚠️ Disclaimer:
This script is not financial advice. Use in demo or forward-test environments before applying to live markets.
Results may vary based on instrument, market conditions, and settings.
Buy & Sell AtrRange - [upy]Dynamic Buy/Sell system using dual ATR levels for Entry and Trailing Stop. Includes visual signals, smart bar coloring, and alerts. Supports scalping and intraday modes.
ℹ️ Recommended Usage:
Use Scalping mode on lower timeframes like 1–5 minutes.
Use Intraday mode on 15–30 minute charts.
Best combined with confirmation tools such as RSI and Moving Average
Signals designed to ride the real Nifty moveIt is a high-conviction positional signal designed to capture medium- to long-term trends in the Nifty index. Built for swing and positional traders, this signal cuts through market noise and highlights clean trend-following opportunities.
alzaem RSPSThis script compares 30 different tokens and find the best performing asset from the 30. The indicator tracks the changes by plotting the equity and changes in the equity.
The script is totally costumizable, feel free to change any thing.
The current configurations are the ones that suit my own approach feel free to find you suitable configuration.
Summary of how the script works:
The provided script is a sophisticated trading indicator written in Pine Script (version 6) for the TradingView platform, named "alzaem RSPS" (Relative Strength Portfolio System). It is designed to analyze and rank multiple assets (up to 30 cryptocurrencies) based on various performance metrics, generate trading signals, and manage a portfolio with an equity curve. Below is a summary of what the script does:
Key Functionalities:
Asset Selection and Scoring:
The script allows users to input up to 30 cryptocurrency symbols (e.g., XRPUSDT, BNBUSDT) and a benchmark (e.g., BTCUSDT).
Assets are scored using a combination of performance metrics, including:
Momentum: Relative strength compared to other assets over a specified period.
Sharpe, Sortino, and Omega Ratios: Risk-adjusted return metrics.
Other Metrics: Percentage gain, Conditional Value at Risk (CVaR), Ulcer Index, Treynor Ratio, Up-Down Capture, and Information Ratio (configurable via inputs).
Scores are calculated by comparing each asset’s metrics against the median and applying a momentum-based ranking system (f_condition function).
Assets must meet a minimum score threshold to be considered for ranking.
Ranking and Winner Selection:
Assets are ranked based on their total scores (initial scores + momentum scores).
The top-ranked assets are stored in the final_winners array, with options to display specific ranks (e.g., Rank 1, Rank 2, or combinations like Rank 1 & 2).
Users can select specific assets to monitor their scores in a table.
Technical Analysis and Signal Generation:
The script uses a combination of technical indicators to generate Long and Short signals:
Double Exponential Moving Average (DEMA): Smooths price data.
Gaussian Filter: Applied to DEMA for noise reduction.
Running Moving Average (RMA): Further smooths the filtered DEMA.
Average True Range (ATR): Creates dynamic bands around the RMA to define Long (LongR) and Short (ShortR) thresholds.
Signals:
Long Signal: When the closing price is above the upper ATR band (LongR).
Short Signal: When the closing price is below the lower ATR band (ShortR).
Signals are plotted as labels on the chart (e.g., "Long" or "Short") if enabled.
Market Trend Analysis:
Analyzes the broader market trend using a market index (e.g., CRYPTOCAP:TOTAL).
Uses multiple indicators to determine market conditions:
Moving Average: Compares market close to a chosen moving average (e.g., LSMA, EMA).
Range Calculations: Uses highest price levels with multipliers to set thresholds.
RSI-based Valuation: Determines if the market is trending or mean-reverting.
Augmented Dickey-Fuller (ADF) Test: Optionally confirms trend or mean-reverting behavior.
Combines these factors to decide if the system should be "in position" (active trading) or not.
Portfolio Management and Equity Curve:
Tracks the portfolio’s equity starting from a user-defined date.
Updates equity based on the performance of selected top-ranked assets (e.g., Rank 1, Rank 1 & 2).
Applies leverage (fixed at 1 in the script) to calculate returns.
Compares the system’s performance to a Buy-and-Hold BTC strategy (equityNot).
Calculates performance metrics like Net Profit, Sharpe Ratio, Sortino Ratio, Omega Ratio, and Maximum Drawdown for both the system and BTC Buy-and-Hold.
Visualization and Output:
Table Display:
Shows system performance metrics (Sharpe, Sortino, Omega, Max Drawdown, Net Profit).
Displays Buy-and-Hold BTC metrics for comparison.
Lists top 5 assets with their scores and user-selected assets’ scores.
Indicates system state (ON/OFF) based on inPosition status.
Shows winner symbols (top-ranked assets).
Chart Elements:
Plots RMA, ATR bands, and candlesticks with customizable color schemes.
Displays equity curves for the system and BTC Buy-and-Hold.
Adds labels for Long/Short signals and equity curve annotations.
Alerts: Triggers alerts for the top-winning coin on each bar close.
Customization:
Extensive input options for:
Timeframes (analysis, short-term, long-term).
Periods for various indicators (DEMA, Gaussian, RMA, ATR, etc.).
Scoring metrics to include/exclude (e.g., use Sharpe, use Momentum).
Visual settings (color modes, label display).
Market trend conditions (e.g., use ADF, valuation thresholds).
Allows users to force display of winners or disable in-position rules.
Workflow Summary:
Data Retrieval: Fetches price and performance data for 30 assets and a market index.
Signal Generation: Uses DEMA, Gaussian filter, RMA, and ATR to generate Long/Short signals.
Asset Scoring: Calculates scores based on user-selected metrics and momentum.
Ranking: Ranks assets and selects top performers.
Market Trend Check: Determines if the system should be active based on market conditions.
Portfolio Update: Adjusts equity based on top-ranked assets’ performance.
Visualization: Displays results in a table, plots indicators, and shows equity curves.
Alerts: Notifies users of the top-winning asset.
Purpose:
The script is designed for traders who want to systematically select and trade cryptocurrencies based on relative strength and risk-adjusted performance metrics. It combines technical analysis, portfolio management, and market trend analysis to create a robust trading system, with a focus on outperforming a simple Buy-and-Hold BTC strategy.
Notes:
Users need to configure inputs carefully to align with their trading strategy and risk tolerance.
The script is complex and resource-intensive due to the large number of assets and calculations.
apply the script to the" TOTAL" chart only on 1D time frame.
If any help is needed contact me in direct messages or on my instagram account: @az.3ym
RSI Fibonacci LevelsThank for
Kadir Türok Özdamar - @kadirturokozdmr
Formula Purpose of Use
This formula combines the traditional RSI indicator with Fibonacci levels to create a special technical indicator that aims to identify potential support and resistance points:
Determines the historical RSI range of 144 periods (PEAK and DIP)
Calculates Fibonacci retracement levels within this range, and shows the direction of momentum by calculating the moving average of the RSI
This indicator can be used to identify potential reversal points, especially when the RSI is not in overbought (70+) or oversold (30-) areas.
Practical Use
Investors can use this indicator as follows:
1⃣When the RSI approaches one of the determined Fibonacci levels, it is considered a potential support/resistance area.
2⃣When the RSI approaches the DIP level, it can be interpreted as oversold, and when it approaches the PEAK level, it can be interpreted as overbought.
3⃣When the RSI crosses the SM (moving average) line upwards or downwards, it can be evaluated as a momentum change signal.
4⃣Fibonacci levels (especially M386, M500 and M618) can be monitored as important transition zones for the RSI.
With this indicator, we aim to develop the traditional RSI usage and produce more nuanced buy-sell signals.
Turkish :
Formula Purpose of Use
This formula combines the traditional RSI indicator with Fibonacci levels to create a special technical indicator that aims to identify potential support and resistance points:
Determines the historical RSI range of 144 periods (PEAK and DIP)
Calculates Fibonacci retracement levels within this range, and shows the direction of momentum by calculating the moving average of the RSI
This indicator can be used to identify potential reversal points, especially when the RSI is not in overbought (70+) or oversold (30-) areas.
Practical Use
Investors can use this indicator as follows:
1⃣When the RSI approaches one of the determined Fibonacci levels, it is considered a potential support/resistance area.
2⃣When the RSI approaches the DIP level, it can be interpreted as oversold, and when it approaches the PEAK level, it can be interpreted as overbought.
3⃣When the RSI crosses the SM (moving average) line upwards or downwards, it can be evaluated as a momentum change signal.
4⃣Fibonacci levels (especially M386, M500 and M618) can be monitored as important transition zones for the RSI.
With this indicator, we aim to develop the traditional RSI usage and produce more nuanced buy-sell signals.
DK Supply & Demand🧠 What It Does:
The DK Supply & Demand indicator highlights candles with low trading volume, which may indicate weak buying or selling pressure at potential supply or demand zones.
It plots:
🔺 Green triangles above bullish candles with low volume
🔻 Red triangles below bearish candles with low volume
This can help you identify:
-->Exhausted buyers at potential supply zones
-->>Exhausted sellers at potential demand zones
🧾 How It Works:
The script checks if the current candle’s volume is lower than both of the previous two candles.
Conditions:
✅ Bullish Low Volume Candle:
Candle closes above open (close > open)
Volume is lower than the previous two bars
→ 🟢 Plotted as a green triangle above the candle
✅ Bearish Low Volume Candle:
Candle closes below open (close < open)
Volume is lower than the previous two bars
→ 🔴 Plotted as a red triangle below the candle
🛠️ How to Use It:
1: Look for green/red triangle signals:
/ Green triangle = weak bullish candle (potential demand zone)
/ Red triangle = weak bearish candle (potential supply zone)
2: Combine with other tools:
/ Use alongside price action, support/resistance, or volume profile for better decision-making.
/ Confirm with breakouts, reversal patterns, or volume spikes.
⏱️ Best Timeframes:
/ Works on all timeframes
/ Most useful on 5M, 15M, 1H and higher when identifying structure levels
⚠️ Limitations:
/ Low volume alone ≠ reversal — use this as a supporting signal, not a standalone strategy.
/ Avoid using on illiquid assets where volume is naturally low or inconsistent.
DK Climax📌 What This Indicator Does:
The "DK Climax" highlights price candles where volume is significantly higher than the volume seen over a customizable number of previous bars. It places:
🔴 Red dot above bullish candles (when the candle closes higher than it opened)
🟢 Green dot below bearish candles (when the candle closes lower than it opened)
This helps you visually catch volume anomalies, which may indicate breakouts, reversals, or institutional activity.
Customizing the Indicator:
Number of Previous Bars (n):
. Go to the chart, hover over the indicator title, and click the gear ⚙️ icon.
. You can adjust the Number of Previous Bars input to suit your timeframe:
10 is default (looks at the previous 10 candles).
Increase n to detect rarer spikes.
Decrease n to be more sensitive.
🧠 How to Interpret It:
🔴 Red Dot on Bullish Candle:
Signals strong buyer interest and potentially the beginning of an uptrend or breakout.
Use with support/resistance zones for confirmation.
🟢 Green Dot on Bearish Candle:
Indicates heavy selling pressure, possibly the start of a downtrend or reversal.
Watch for patterns like double tops, failed breakouts, etc.
💡 Pro Tips:
. Combine this indicator with:
Trend lines, moving averages, or price action.
Divergences on RSI or MACD.
. Works great in lower timeframes for scalping or higher timeframes for swing trading.
Multi Indicator [fikri production 2 ]Description
📊 Fikri Multi Indicator – Fully Automated Trading Indicator 🚀
This indicator is designed, created, and developed by Fikri Production, combining dozens of technical analysis elements into a single multi-functional indicator. By using this indicator, you no longer need to add other indicators to strengthen trading signals, as all essential elements are integrated into one automated and highly accurate system.
This signal represents my highest achievement in analyzing various indicators and decades of trading experience, all poured into a single powerful, multi-functional indicator with high accuracy.
With this indicator, your trading will be more controlled—no more reckless entries driven by emotions. You'll know where the price is moving, when it stops, and when it reverses.
🎯 Key Features:
✅ Automatic BUY & SELL signals with high accuracy.
✅ Entry points complete with Stop Loss (SL) & three Take Profit (TP) levels.
✅ Automatic trend filter—only valid signals aligned with market direction are displayed.
✅ Fully automated indicator—you only need to follow what is displayed on the chart.
⚙️ How the Indicator Works
📍 This indicator displays several essential trading elements:
1️⃣ Arrows with long tails → Main signals for entering BUY or SELL positions.
2️⃣ Arrowheads without tails → Warning signs for possible trend reversal.
3️⃣ Black circles → Indicate weak trends or sideways markets (unclear direction).
4️⃣ Trendline → Measures the strength and direction of price movements.
5️⃣ EMA 30 (Blue) → Determines the primary trend direction.
6️⃣ EMA 10 (Yellow) & EMA 5 (Black) → Identify the best momentum for entry.
📈 Trading Rules Using This Indicator
📉 SELL Signals
✔️ A bearish pattern forms (Bearish Engulfing, Bearish Pin Bar, or Doji).
✔️ Price is below EMA30.
✔️ EMA30 is sloping downward → Confirms bearish trend.
🚨 Avoid entries if EMA30 is flat!
📈 BUY Signals
✔️ A bullish pattern forms (Bullish Engulfing, Bullish Pin Bar, or Doji).
✔️ Price is above EMA30.
✔️ EMA30 is sloping upward → Confirms bullish trend.
🚨 Avoid entries if EMA30 is flat!
⚙️ Summary of Trading Strategy
Only open SELL positions when candles are below the blue line. Ignore BUY signals if candles are below the blue line, and vice versa.
Never open SELL or BUY positions when the blue line is flat, even if multiple signals appear. The best entries occur when the first TP, Entry, and SL signals appear. However, always ensure the candle conditions match the rules. For example, if an entry line suggests SELL, but the candle is above the blue line, the signal is weaker. The ideal and strongest conditions occur when a SELL signal appears with the candle below a downward-sloping blue line, followed by the entry line—this is the best setup. The same applies to BUY signals.
For arrowhead signals without tails—these are not primary signals, but rather warnings of potential trend reversal. Keep in mind that they are only alerts for caution, not main signals. Similarly, the black circle signals indicate weak market movements lacking direction, serving as additional warnings.
🎯 Advantages of This Indicator
✔️ Filters out false signals using EMA30 as the primary trend filter.
✔️ Combines Price Action & Trend Analysis to identify the best entry points.
✔️ Easy to use across various timeframes.
✔️ Comes with automatic SL & TP for better risk management.
🚀 Use Fikri Multi Indicator to maximize profits and minimize risks in your trading! 💹🔥
Let me know if you need any adjustments or refinements!
SFT ChartPowerRSIThis RSI indicator from SixFourTrading (SFT) is not your typical indicator. It give the edge on additional confluence to your trading strategy. Signals and Alerts to give you the knowledge to make quick decisions for your trading strategy. It's time to step up your game! Subscribe Now!
RSI Indicator
Two SFT Moving Averages SLOW and FAST
Moving Average Cloud for Bullish or Bearish Detection
MA Bullish/Buy and Bearish/Sell Signals
RSI Pro Sell and Buy Signals
RSI Overbought and Oversold Cloud
RSI Overbought and Oversold Indicators
Fully Customizable
SMA or EMA Plots
Adjustable RSI High/Low Range
Adjustable RSI Timeframes
RSI Customizable Alerts
MA Customizable Alerts
Consistent, Reliable Strategy Indicator so you can focus on trading and let the system do the alerting for you
Signals to Enter Long or Short
Regular Updates on New Features Area
DISCLAIMER: You hereby understand, agree, and acknowledge that your use or misuse of the site, any products, goods, or services on the site, including, without limitation, information and materials from the site, is solely at your own discretion and risk and that SixFourTrading, Inc. and its directors, officers, shareholders, employees, contractors, moderators, and affiliates have no liability whatsoever for your use or misuse of this site. You hereby understand, agree, and acknowledge that you are solely responsible for any liability, claim, damages, losses, cost, or expenses that may arise or result from your use or misuse of the site.
Inside Bar & High Volatility BarsIndicator that Marks
1) Inside Bar (which neither break High or Low of the last previous candle)
2) High Volatile Bars (which break both High and Low of the last previous candle)
Comparative volume of supply and demand A comparative volume of supply and demand with volume MA and an indicator of a possible change in trend based on the closing of the candles
MTS📊 MTS (Murrey Math System) Trading Strategy for TradingView 📊
Introduction:
This script implements the Murrey Math System (MTS), a market analysis tool based on a set of pivot points and price ranges, designed to help traders identify key levels of support and resistance.
MTS calculates key price levels based on historical price swings and helps identify price targets, stop-loss levels, and potential breakout zones.
The strategy also includes an adaptive bias panel, showing buy or sell suggestions based on current price action relative to Murrey Math levels.
Key Components:
1. Pivot Calculation and Conditions:
Pivot Lookback & Spikeyness Index:
The pivots: lookback/forward input defines how far back (and forward) the script looks to identify potential pivot points (high and low). A smaller value focuses on more recent swings, while larger values consider a broader range.
The Spikeyness Index (atrMult) allows you to adjust sensitivity to market spikes, utilizing the Average True Range (ATR) to detect sharp price movements that could indicate potential turning points.
Pivot Conditions:
isPivHigh and isPivLow detect local high and low pivot points, respectively.
Spiky Conditions: The spikyH and spikyL conditions filter out pivots that do not meet the spikiness criteria, which is based on ATR and moving averages.
2. Swing High and Swing Low Identification:
The script identifies and stores previous swing highs (HR_prev) and lows (LR_prev), updating them based on the current market structure.
3. Proprietary Calculation:
The propCalc input enables a proprietary calculation method for determining higher or lower levels beyond the typical Murrey Math levels, offering a more adaptive approach to price targets and support/resistance levels.
4. Murrey Math Lines (MML):
MML Calculation:
The code calculates a set of Murrey Math Lines (EightEight, FourEight, ZeroEight), which are key price levels based on the range of the price over a given time period. These levels represent major support and resistance zones, with the EightEight line indicating extremely overbought conditions and ZeroEight signaling deeply oversold conditions.
Level and Extension Lines:
The script also plots additional levels and extensions based on the range between HR and LR, representing key support/resistance levels. These levels are dynamically drawn on the chart, offering clear insights into where price might reverse or break out.
Strategy Logic:
- Breakout and Breakdown:
The Bias Box panel dynamically displays a trade bias, either suggesting to "Buy on Dip" or "Sell on Rise," depending on whether the current price is above or below the midpoint of the Murrey Math range (BEP). This bias is calculated using the market's relationship to the Murrey Math Levels.
- Buy on Dip: When the price is below the midpoint (BEP), suggesting the market is in a buying zone.
- Sell on Rise: When the price is above the midpoint, suggesting the market is in a selling zone.
- Stop-Loss and Target Hints:
The stop-loss (SL) and target levels are dynamically set based on the position relative to HR and LR:
For Buy on Dip: SL is set at LR Low, Target is set at HR High.
For sell on Rise: SL is set at HR Low, Target is set at LR High.
2. Historical and Current Levels:
The script compares the most recent Murrey Math levels with historical levels. This helps identify any shifts or changes in the market structure, enhancing the trader's ability to adapt to new trends.
- Current Levels:
The current levels are drawn from the most recent HR and LR values, with corresponding extensions showing possible breakout or breakdown zones.
- Historical Levels:
Historical levels are drawn in a "ghost" style, helping traders visualize past market conditions and potential support/resistance zones that could still influence price movement.
- Trade Examples:
Example 1: Buy on Dip
a. Scenario:
Price is below the midpoint (BEP), and the bias suggests a buy on dip.
The trader looks for a rebound from the LR Low level, with a target at the HR High.
b. Entry:
Buy when the price reaches the LR Low level.
c. Exit:
Take profit when the price hits the HR High.
d. Stop-Loss:
Place stop-loss at the LR Low.
Example 2: Sell on Rise
a. Scenario:
Price is above the midpoint (BEP), and the bias suggests a sell on rise.
The trader looks for a pullback to the HR Low, with a target at the LR High.
b. Entry:
Sell when the price reaches the HR High level.
c. Exit:
Take profit when the price hits the LR Low.
d. Stop-Loss:
Place stop-loss at the HR Low.
Key Features:
Bias Panel: A table in the top-right corner showing the current market bias (Buy on Dip, Sell on Rise, or Neutral).
Displays real-time trade direction and risk information, such as stop-loss and target hints.
Dynamic Level Adjustment: As the price moves, the script dynamically updates the key levels (HR, LR, and Murrey Math lines), keeping traders aware of the most recent market structure.
Visualization Tools:
The chart is populated with a series of lines and labels that indicate the critical price levels for trading.
Support/Resistance Lines: Each key level is marked with different colors for quick recognition.
Extensions: Additional lines are plotted based on price projections, indicating where the market could potentially move.
Note:
Please note that this is an educational purpose idea, any action/trade taken will be user's own responsibility.
Enjoy!
Regards.
Nifty 0.09 Levels - Today OnlyNifty 0.09 Levels – Today Only
This indicator is designed for intraday traders on the NSE (National Stock Exchange of India), specifically for Nifty and BankNifty instruments. It identifies key price levels based on the candle that ends at 9:20 AM IST, which typically reflects the first 5 minutes of market structure after open.
What the Script Does
Detects the 9:15–9:20 AM candle (India market time).
Calculates a base level by adjusting the close of this candle by ±0.09%, creating an upper and lower bound.
Optionally plots three target levels (TG1, TG2, TG3) on both the upside and downside by applying further percentage extensions (±0.18% sequentially).
Displays these levels only for the current day, keeping your chart clean.
How It Works
The script runs on all timeframes and uses timestamp("Asia/Kolkata") to accurately isolate the target candle.
It conditionally draws horizontal lines using line.new() only if today's levels haven't already been drawn.
TG levels can be toggled on or off with a checkbox.
Levels extend visually for 60 bars (roughly one hour on a 1-minute chart) and reset daily.
Use Cases
Scalping or short-term breakout trades based on the early range.
Bias setting: Above the upper level indicates strength; below the lower suggests weakness.
Can be used in automated confluence setups or manual discretionary trades.
Why It's Unique
This tool is optimized for Indian market timing, and uses fixed percentage logic that's not commonly available in open-source range indicators. It cleanly isolates and visualizes actionable levels based on the early session candle without cluttering your chart with historical or irrelevant lines.
No external dependencies or additional scripts are required. Ideal for traders who value simplicity and precision early in the trading session.
Liquidity [Shahzeb Trades]The Liquidity indicator is designed to identify key liquidity zones in the market with precision. This tool helps traders detect where institutional orders are likely placed, showing potential areas for price sweeps and reversals. Whether you're trading Forex, Crypto, or Binary Options, this indicator highlights buy-side and sell-side liquidity with high accuracy—enabling smarter entries and exits.
Perfect for smart money concept (SMC) and order block traders, this indicator works best when combined with market structure analysis and price action confirmations.
Features:
✅ Highlights liquidity pools (Buy-side/Sell-side)
✅ Confirms directional bias through liquidity sweep signals
✅ Suitable for all timeframes
✅ Ideal for SMC, ICT, and OB strategy traders
✅ Tested and used by Shahzeb Trades
Bitcoin Power Law Bayesian Fit with Residual HistogramTitle: Bayesian Bitcoin Power Law Indicator with Residuals Histogram
Description:
This Pine Script implements a Bitcoin (BTC) price indicator based on a power-law relationship between BTC price and time, modeled using Bayesian regression.
Bayesian regression is one of the most robust regression methods.
The indicator provides a robust framework for understanding BTC price trends, highlighting key statistical levels, based on deviation from the power law trend and visualizing the bimodal nature of BTC price behavior through a residual distribution histogram (distribution of the deviation from the Bayesian power law trend).
Features:
Power Law Model with Confidence Levels:
Models BTC price as a power-law function of time using Bayesian regression, displaying the median trendline.
Includes multiple confidence intervals to reflect statistical uncertainty.
Plots a support power-law line, set at 2 standard deviations below the median trend, serving as a critical lower bound for price expectations.
Bimodal Residual Histogram:
Displays a histogram in a lower panel, illustrating the distribution of model residuals (difference between actual BTC price and the power-law model) over a default 100-day window (user-configurable). This is one of the most innovative components of this indicator because it highlights the current shape of the distribution of recent deviations.
Highlights the bimodal nature of BTC price behavior, with two distinct regimes:
Core Power Law: Represents periods (approximately 2 years) when BTC price closely follows the power-law trend, typically when below the median power-law line.
Turbulent Flow BTC: Captures periods when BTC price is above the median power-law line, exhibiting more chaotic, bull-run behavior.
The histogram provides a range of possible prices based on the observed residual distribution, aiding in probabilistic price forecasting.
These analogies with fluid dynamics are part of the power law framework based on parallels in financial physics.
Purpose:
This indicator is designed for traders and analysts seeking to understand BTC price dynamics through a statistically grounded power-law model. The confidence levels and support line offer clear benchmarks for trend and support analysis, while the bimodal histogram provides insight into whether BTC is in a stable "Core Power Law" phase or a volatile "Turbulent Flow" phase, enabling better decision-making based on market regime.
Usage Notes:
Use the histogram to determine whether BTC is in the Core Power Law (below the power-law trend) or Turbulent Flow (above the trend) regime to contextualize price behavior.
Adjust the residual window (default 100 days) to analyze different timeframes for the distribution.
The support power-law line (2 standard deviations below) serves as a critical level for identifying potential price floors.
