Custom RSI with Dual Smoothing + Bias Bands + ZonesRSI indicator with two layers of smoothing, key levels (20, 40, 50, 60, 80), and color-coded background zones for bullish, bearish, and neutral bias.
Great for spotting momentum, trend direction, and overbought/oversold conditions across any timeframe.
Göstergeler ve stratejiler
SVX (Sentiment Velocity Index)
The SVX Momentum Framework is a technical slope and momentum visualization tool that combines EMA structure and slope analysis to highlight transitions in market behavior.
It is not a buy/sell signal generator, but rather a contextual framework designed to support traders in understanding momentum conditions.
Key Features
- EMA stack (8/20/40/100) for structural alignment.
- Momentum slope visualization for directional clarity derived from actual closing price movement, not Supertrend-based calculations.
- Pre-move markers that highlights potential transition zones.
- Compatible with both standard and Heikin Ashi candles (HA recommended for visual smoothness).
- Customizable across instruments and timeframes.
Suggested Use
- Integrate as part of an existing strategy to interpret trend and momentum context.
- Works across indices, futures, forex, and commodities.
- Educational tool, not intended as a standalone signal system.
Access
This script is invite-only. Access is limited and provided at the author’s discretion.
Disclaimer
This script is for educational purposes only. It does not provide financial advice or trading recommendations. Past performance is not indicative of future results. The author and TradingView, Inc assume no responsibility for losses incurred from use of this tool.
Volatility % Bands (O→C)Volatility % Bands (O→C) is an indicator designed to visualize the percentage change from Open to Close of each candle, providing a clear view of short-term momentum and volatility.
**Histogram**: Displays bar-by-bar % change (Close vs Open). Green bars indicate positive changes, while red bars indicate negative ones, making momentum shifts easy to identify.
**Moving Average Line**: Plots the Simple Moving Average (SMA) of the absolute % change, helping traders track the average volatility over a chosen period.
**Background Bands**: Based on the user-defined Level Step, ±1 to ±5 zones are highlighted as shaded bands, allowing quick recognition of whether volatility is low, moderate, or extreme.
**Label**: Shows the latest candle’s % change and the current SMA value as a floating label on the right, making it convenient for real-time monitoring.
This tool can be useful for volatility breakout strategies, day trading, and short-term momentum analysis.
Pivot Breakout + EMA Stack + Vol + Candle ConfirmThis indicator combines pivot breakout logic with trend, volume, and price action confirmations to filter strong trading opportunities.
🔹 Key Features:
Dynamic Pivot Levels (Fibonacci, Traditional, Camarilla, Woodie, etc.) across multiple timeframes (Daily → Yearly).
EMA Stack Trend Filter (20/50/100/200 EMA alignment for bullish/bearish confirmation).
Volume Confirmation (breakouts validated by volume > SMA).
Candle Body Strength Filter (optional strict mode: candle body ≥ % of range).
Breakout Signals (BUY when price breaks above pivot resistances in bullish trend; SELL when breaking below supports in bearish trend).
Consolidation Zone Highlight (between R1 & S1).
Visual Alerts & Signals (BUY/SELL markers + TradingView alertcondition).
✅ Works across all assets (stocks, crypto, forex, futures).
✅ Ideal for breakout traders, trend-followers, and swing traders.
✅ Customizable pivots, EMAs, volume filter, and candle confirmation for flexible strategies.
MACD_提前趋势确认MACD_trend strategy ong/short/bulue colorMACD_trend strategyMACD_trend strategyMACD_trend strategyMACD_trend strategyMACD_trend strategy
SKDJ专业交易系统[最终版-大信号]1kdj: short、long strategykdj: short、long strategykdj: short、long strategykdj: short、long strategykdj: short、long strategykdj: short、long strategykdj: short、long strategy
Morning Gap Reversal ScannerMorning indicator for morning fluctuation. Seeing what starts low and moves up in first 30 minutes
REDLIGHT GREENLIGHTBased on the Stochastic Momentum Index and L2 Ehlers Loops by blackcat1402. Added red and green background (reflects when the yellow histogram is above or below zero).
chanlun MACDThe commonly used MACD version in China has default parameters of 12, 26, 9. It is slightly different from the built-in MACD on the official TradingView website but generally similar. This MACD version is tailored to the usage habits of domestic users and is mainly designed to be used in conjunction with my Chanlun Theory indicators.
国内常用的macd版本,默认参数12,26,9,跟tradingview官网自带的有些不同,总体差不多,适合国内用户习惯的版本的macd,主要是配套我这边缠论指标使用
Chanlun FBFD pen czsc Channel Chan Theory🏆 Chan Zhong Shuo Chan (CZSCh) FBFD Pure Segmentation Edition Indicator - Flagship Version
Background
A Decade of Craftsmanship, a Major Upgrade
This Chan Zhong Shuo Chan indicator has undergone nearly 10 years of meticulous refinement and continuous optimization. Since its initial version in 2015, it has been validated through real trading scenarios. Now, it makes its debut on TradingView with a brand-new upgrade, featuring more comprehensive functions and superior performance.
It truly implements all core theories from the original Chan Theory, covering a complete system including candlestick containment, fractal identification, pen-segment analysis, central pivot theory, pure pen-segment division, and divergence/convergence detection. It provides Chan Theory enthusiasts with a professional and all-encompassing technical analysis tool in the industry.
🎯 Core Advantages
🔥 1. Full Coverage of Original Chan Theory Functions
● ✅ Real-time Candlestick Containment Processing - Intelligently identifies containment relationships
● ✅ Accurate Fractal Marking - Automatically recognizes top and bottom fractals
● ✅ Multi-dimensional Pen-Segment Analysis - Complete system for "pens" and "segments"
● ✅ Multi-level Central Pivot Integration - Candlestick pivots, pen pivots, and segment pivots
● ✅ Divergence/Convergence Alerts - Exclusive divergence/convergence algorithm
● ✅ Trend Structure Recursion - Exclusive trend recursion function
⚙️ 2. Diversified Pen-Segment Algorithm Engines
● 🎨 Three Major Pen Algorithms: "Traditional Pen", "New Pen", and "Top-Bottom Fractal Pen"
● 🔧 Extensive Parameter Adjustments - Granular control over sub-high/low pens and fractal range judgment
● 📊 Dual Segment Division: Original text-based pure segmentation + high-level segmentation
● 🎯 Customizable Parameter Tuning - Adapts to different Chan Theory enthusiasts’ understanding and trading styles
🌟 3. Multi-level Intelligent Integration System
● 📈 Synchronized Calculation & Display - Linked analysis of pens, segments, and recursive advanced segments
● 🏗️ Exclusive Pure Segmentation Algorithm - Accurately identifies Segment Division for Case 1 and Case 2
● 🎪 Multi-level Central Pivot System - Full coverage of three pivot levels
● 📊 Panoramic Market Analysis - Provides comprehensive insights into market dynamics
🎨 4. Professional Visual Customization
● 🌈 Custom Color Schemes - Perfectly matches personal chart styles
● 💰 Price Marker Display - Labels key prices for pens, segments, and central pivots
● 📐 Professional Auxiliary Tools - Practical functions such as moving averages and Bollinger Bands
● 🎁 Included MACD - Supplementary sub-chart indicator
⏰ 5. Seamless Candlestick Replay Support
● 🔄 Historical Data Review - Fully compatible with TradingView’s replay function
● 📚 Powerful Market Research Tool - Enhances historical trend analysis capabilities
● 🧠 Improved Decision-Making - Deepens market insights and judgment skills
📦 Product Version
🥇 Version 1: Professional Segmentation Edition
Suitable for: Traditional Chan Theory enthusiasts pursuing classic segmentation algorithms
Core Features:
● 🔸 Multiple Pen Algorithms: Fractal-based pens, traditional/new pens, sub-high/low pens
● 🔸 Pen-Segment Detail Adjustment: Extensive parameters supporting various pen division schemes
● 🔸 Complete Central Pivot System: Candlestick pivots, pen pivots, and segment pivots
● 🔸 Intelligent Alert System: Divergence/convergence prompts and alarm functions
● 🔸 High-level Recursion: High-level segment analysis
📊
💡 Comparison with Competitors: What other platforms call "professional version" features are just basic configurations here.
🎊 Experience Now and Start Your Professional Chan Theory Analysis Journey!
Pre-purchase Notes
Chan Zhong Shuo Chan Theory is relatively complex. While this software strives to implement all functions from the original text, it may still have minor flaws that cannot be fully addressed. We will continuously improve these aspects in future updates. If you are concerned about potential imperfections, we recommend testing the indicator for a few days first—purchase only if it meets your needs, or treat it as a trial. We welcome feedback on issues and bugs, and the developer will update and optimize the indicator when available.
1. Candlestick Containment
2. Multi-level Divergence/Convergence Prompts
3. Three Adjustable Pen Types
4. Pen-Segment Area Momentum Statistics + Central Pivot High/Low Price Display
5. Detailed Analysis of Three-Level Central Pivots
6. Moving Average Display
7. Overlaid Bollinger Bands
8. Segment Division per Original Text Rules + 2-Level Segment Function
9. Built-in Alarm Functions (to be further expanded in future updates)
10. Dozens of Adjustable Parameters
11. Free Trial Available
clanlun pen macd czsc Channel Chanlun Ultra Chan Theory
🏆 缠中说禅FBFD 纯分段版指标 - 旗舰版
背景
十年匠心,重磅升级
这套缠中说禅指标历经近10年的精心打磨与持续优化,从2015年初版设计至今,已经过实战验证。现全新升级登陆TradingView,功能更加完善,性能更加卓越。
真正实现了缠论原文中的所有核心理论,包括K线包含、分型识别、笔段分析、中枢理论、 纯分笔分段、背离背驰等完整体系,为缠论爱好者提供业界专业、全面的技术分析工具。
🎯 核心优势
🔥 1. 全方位缠论原文功能覆盖
● ✅ 实时K线包含处理 - 智能识别包含关系
● ✅ 精准分型标记 - 顶底分型自动识别
● ✅ 多维笔段分析 - 笔、线段完整体系
● ✅ 多级中枢联立 - K线中枢、笔中枢、线段中枢
● ✅ 背离背驰预警 - 独家背离背驰算法
● ✅ 走势结构递归 - 独家走势递归功能
⚙️ 2. 多样化笔段算法引擎
● 🎨 三大笔算法: "传统笔"、"新笔"、"顶底分型笔"
● 🔧 海量参数调节: 次高低笔、分型区间判断等精细化控制
● 📊 双重段划分: 原文纯分段 +大级别分段
● 🎯 个性化参数调整: 满足不同缠友的理解需求与交易风格
🌟 3. 多级别智能联立系统
● 📈 同步计算显示: 笔、线段、递归高级段联动分析
● 🏗️ 独家纯分段算法: 精确识别第一种、第二种情况线段划分
● 🎪 多级中枢体系: 三重中枢级别完整覆盖
● 📊 全景市场分析: 提供全面的市场动态洞察
🎨 4. 专业视觉定制
● 🌈 自定义配色方案 - 完美匹配个人图表风格
● 💰 价格标识显示 - 笔、段、中枢关键价位标注
● 📐 专业辅助工具 - 均线、布林线等实用功能
● 🎁 附带MACD - 配套附图指标
⏰ 5. 完美K线回放支持
● 🔄 历史数据回顾 - 完美支持TradingView回放功能
● 📚 市场研究利器 - 提升历史走势分析能力
● 🧠 决策能力增强 - 深化市场洞察与判断水平
📦 产品版本
🥇 版本一:专业分段版
适合:传统缠论爱好者,追求经典分段算法
核心功能:
● 🔸 多种笔算法: 分型笔、新旧笔、次高低点笔
● 🔸 笔段细节调整: 海量参数支持各种笔划分方案
● 🔸 完整中枢体系: K线中枢、笔中枢、段中枢
● 🔸 智能预警系统: 背离背驰提示及报警功能
● 🔸 递归大级别: 大级别分段分析
**📊
💡 同行对比: 其他平台的"专业版"功能,在我们这里只是基础配置
🎊 立即体验,开启专业缠论分析之旅!
售前说明:缠中说禅理论,相对比较复杂,软件尽量实现原文的功能,但是也难免有些瑕疵地方,无法处理到位,这边后期会陆续完善,介意的客户可以先试用几天,觉得合适再买,不合适就当测试下,欢迎大家反馈问题和bug,掌柜有空会后期更新修改和优化
1、K线包含
2.多级别背离背驰提示
3.三种笔可以调整
4.笔段面积力度统计+中枢高低点价格显示
5.三级别中枢精细分析
6.均线显示
7.叠加布林
8.原文线段划分规则,并且做2级别段
9.设计了一些报警功能,后期还会陆续完善
10.几十个可选参数设置
11.免费试用
RCI2MAsignWhen the slopes of any two RCI lines are upward and above any MA, a buy signal is generated. Conversely, a sell signal is generated. Signals are represented by background color.
Chanlun ZSLX pen czsc Channel Chan Theory🏆 Chan Zhong Shuo Chan (CZSCh) ZSLX Recursive Edition Indicator - Flagship Version
Background
A Decade of Craftsmanship, a Major Upgrade
This Chan Zhong Shuo Chan indicator has undergone nearly 10 years of meticulous refinement and continuous optimization. Since its initial version in 2015, it has been validated through real trading scenarios. Now, it makes its debut on TradingView with a brand-new upgrade, featuring more comprehensive functions and superior performance.
It truly implements all core theories from the original Chan Theory, covering a complete system including candlestick containment, fractal identification, pen-segment analysis, central pivot theory, entry/exit point positioning, and divergence/convergence detection. It provides Chan Theory enthusiasts with a professional and all-encompassing technical analysis tool in the industry.
🎯 Core Advantages
🔥 1. Full Coverage of Original Chan Theory Functions
● ✅ Real-time Candlestick Containment Processing - Intelligently identifies containment relationships
● ✅ Accurate Fractal Marking - Automatically recognizes top and bottom fractals
● ✅ Multi-dimensional Pen-Segment Analysis - Complete system for "pens" and "segments"
● ✅ Multi-level Central Pivot Integration - Candlestick pivots, pen pivots, and segment pivots
● ✅ Intelligent Entry/Exit Points - Precise positioning of Type 1, 2, and 3 entry/exit points
● ✅ Divergence/Convergence Alerts - Exclusive divergence/convergence algorithm
● ✅ Trend Structure Recursion - Exclusive trend recursion function
⚙️ 2. Diversified Pen-Segment Algorithm Engines
● 🎨 Three Major Pen Algorithms: "Traditional Old Pen", "New Pen", and "Top-Bottom Fractal Pen"
● 🔧 Extensive Parameter Adjustments - Granular control over sub-high/low pens and fractal range judgment
● 📊 Dual Segment Division: Original text-based pure segmentation + high-level recursive segmentation
● 🎯 Customizable Parameter Tuning - Adapts to different Chan Theory enthusiasts’ understanding and trading styles
🌟 3. Multi-level Intelligent Integration System
● 📈 Synchronized Calculation & Display - Linked analysis of pens, segments, and recursive advanced segments
● 🏗️ Exclusive Recursion Algorithm - Accurate identification of advanced recursive segments
● 🎪 Multi-level Central Pivot System - Full coverage of three pivot levels
● 📊 Panoramic Market Analysis - Provides comprehensive insights into market dynamics
🎨 4. Professional Visual Customization
● 🌈 Custom Color Schemes - Perfectly matches personal chart styles
● 💰 Price Marker Display - Labels key prices for pens, segments, and central pivots
● 📐 Professional Auxiliary Tools - Practical functions such as moving averages and Bollinger Bands
● 🎁 Included MACD - Supplementary sub-chart indicator
⏰ 5. Seamless Candlestick Replay Support
● 🔄 Historical Data Review - Fully compatible with TradingView’s replay function
● 📚 Powerful Market Research Tool - Enhances historical trend analysis capabilities
● 🧠 Improved Decision-Making - Deepens market insights and judgment skills
📦 Product Version
Advanced Recursion Edition ⭐ Exclusive Algorithm
Suitable for: Advanced Chan Theory enthusiasts pursuing ultimate trend analysis
Exclusive Features:
● 🚀 Rare Algorithm on the Market: Pure recursion version (most competitors can only reach the segmentation level at most)
● 🎯 Optimized High/Low Points: Precise positioning of the highest/lowest points at trend endpoints
● 🏆 Natural Trend Structure: More natural and reasonable distribution of high/low points
● 💎 Complete Chan Theory Elements: Covers all core elements of Chan Theory
● ⚡ Ultra-rich Pen Details: Extremely comprehensive pen processing details
🌟 Customer Feedback: The top choice for many senior Chan Theory enthusiasts, with excellent real-trading performance
Screenshots
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🎊 Experience Now and Start Your Professional Chan Theory Analysis Journey!
Pre-purchase Notes
Chan Zhong Shuo Chan Theory is relatively complex. While this software strives to implement all functions from the original text, it may still have minor flaws that cannot be fully addressed. We will continuously improve these aspects in future updates. If you are concerned about potential imperfections, we recommend testing the indicator for a few days first—purchase only if it meets your needs, or treat it as a trial. We welcome feedback on issues and bugs, and the developer will update and optimize the indicator when available.
1. Multi-level Recursion
2. Candlestick Containment
3. Area Statistics + Central Pivot High/Low Price Display
4. Multi-level Consolidation Divergence/Convergence
5. Overlaid Practical Moving Averages
6. Fractal-based Pens
7. Candlestick Central Pivots
8. Dozens of Adjustable Parameters
9. Optional Alarm Functions (to be further enriched in future updates)
10. Trend Structure Markers
clanlun pen macd czsc Channel Chanlun Ultra Chan Theory
🏆 缠中说禅ZSLX 递归版指标 - 旗舰版
背景
十年匠心,重磅升级
这套缠中说禅指标历经近10年的精心打磨与持续优化,从2015年初版设计至今,已经过实战验证。现全新升级登陆TradingView,功能更加完善,性能更加卓越。
真正实现了缠论原文中的所有核心理论,包括K线包含、分型识别、笔段分析、中枢理论、买卖点定位、背离背驰等完整体系,为缠论爱好者提供业界专业、全面的技术分析工具。
🎯 核心优势
🔥 1. 全方位缠论原文功能覆盖
● ✅ 实时K线包含处理 - 智能识别包含关系
● ✅ 精准分型标记 - 顶底分型自动识别
● ✅ 多维笔段分析 - 笔、线段完整体系
● ✅ 多级中枢联立 - K线中枢、笔中枢、线段中枢
● ✅ 智能买卖点 - 三类买卖点精准定位
● ✅ 背离背驰预警 - 独家背离背驰算法
● ✅ 走势结构递归 - 独家走势递归功能
⚙️ 2. 多样化笔段算法引擎
● 🎨 三大笔算法: "传统旧笔"、"新笔"、"顶底分型笔"
● 🔧 海量参数调节: 次高低笔、分型区间判断等精细化控制
● 📊 双重段划分: 原文纯分段 + 大级别递归分段
● 🎯 个性化参数调整: 满足不同缠友的理解需求与交易风格
🌟 3. 多级别智能联立系统
● 📈 同步计算显示: 笔、线段、递归高级段联动分析
● 🏗️ 独家递归算法: 高级递归段精准识别
● 🎪 多级中枢体系: 三重中枢级别完整覆盖
● 📊 全景市场分析: 提供全面的市场动态洞察
🎨 4. 专业视觉定制
● 🌈 自定义配色方案 - 完美匹配个人图表风格
● 💰 价格标识显示 - 笔、段、中枢关键价位标注
● 📐 专业辅助工具 - 均线、布林线等实用功能
● 🎁 附带MACD - 配套附图指标
⏰ 5. 完美K线回放支持
● 🔄 历史数据回顾 - 完美支持TradingView回放功能
● 📚 市场研究利器 - 提升历史走势分析能力
● 🧠 决策能力增强 - 深化市场洞察与判断水平
📦 产品版本
高级递归版 ⭐ 独家算法
适合:高阶缠友,追求极致走势分析
独家特色:
● 🚀 全网罕见算法: 纯递归版本,其他家最多只能设计到分段级别就是极限了
● 🎯 优化高低点: 走势结束点精准定位最高最低点
● 🏆 自然走势结构: 高低点分布更加自然合理
● 💎 完整缠论元素: 涵盖所有缠论核心要素
● ⚡ 超丰富笔细节: 笔的处理细节极其丰富
🌟 客户反馈: 众多资深缠友首选版本,实战效果卓越
快照
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🎊 立即体验,开启专业缠论分析之旅!
售前说明:缠中说禅理论,相对比较复杂,软件尽量实现原文的功能,但是也难免有些瑕疵地方,无法处理到位,这边后期会陆续完善,介意的客户可以先试用几天,觉得合适再买,不合适就当测试下,欢迎大家反馈问题和bug,掌柜有空会后期更新修改和优化
1.多级别递归
2.K线包含
3.面积统计+中枢高低点价格显示
4.多级别盘整背离背驰
5.叠加实用均线
6.分型笔
7。k线中枢
8.几十个可选参数调整
9,可选的一些报警功能,后期陆续完善,更丰富
10.走势结构标志
National - Daily Kill Zone LinesDaily Kill Zone Lines
This indicator helps traders mark and visualize their daily "kill zone" with precision.
Plots two vertical lines at your chosen session start and end time.
Adjustable line color, style (solid/dashed/dotted), and width.
Optional shading between the lines for easy zone tracking.
Works on intraday charts and automatically updates for each new day.
Ideal for session-based trading strategies such as London open, New York open, or any custom time window you rely on.
VWAP + 2 Custom EMAIndicator that have vwap + 2 ema combined, 3 in 1, allow user to customize EMA length for both EMA
Support & Resistance Power + MTF Linear Regression [Combined]Support & Resistance Power + MTF Linear Regression
Overview:
This advanced technical indicator combines two powerful analysis tools: dynamic Support & Resistance levels with power analysis, and Multi-Timeframe Linear Regression alignment. It provides traders with comprehensive market structure analysis and trend confirmation across multiple timeframes.
Core Features:
Support & Resistance Power Channel:
Calculates dynamic support and resistance levels using highest/low values over a customizable period (default 130 bars)
Adds ATR-based padding to create realistic trading zones rather than thin lines
Displays "Buy Power" and "Sell Power" metrics showing the number of bullish vs bearish candles within the calculation period
Shows actual high/low price values that created the S&R levels
Provides customizable signal markers (Diamond, X, Circle, Triangle, Square) when price bounces off or rejects from zones
Multi-Timeframe Linear Regression:
Analyzes linear regression trends across 5 configurable timeframes (default: 5min, 15min, 1hour, 4hour, Daily)
Displays current timeframe linear regression line with trend-based coloring
Shows alignment dashboard indicating bullish/bearish status for each timeframe
Colors chart bars based on overall trend alignment
Requires customizable number of timeframes to agree before signaling alignment
Alert System:
Proximity alerts when price approaches S&R levels
Breakout alerts when price enters or breaks through S&R zones
Pivot point alerts when new highs/lows are formed
Signal alerts when bounce/rejection patterns occur
Linear regression alignment alerts for trend confirmation
Customization Options:
Complete control over line widths, colors, and styles
Adjustable label sizes, positions, and colors for all displays
Configurable alert distances and types
Customizable timeframes for multi-timeframe analysis
Dashboard styling and positioning controls
Bar coloring options based on trend alignment
Key Benefits:
Combines price structure analysis with trend confirmation
Reduces false signals by requiring multi-timeframe alignment
Provides clear visual representation of market power dynamics
Offers comprehensive alert system for various trading scenarios
Highly customizable to match individual trading styles and chart preferences
Best Use Cases:
Identifying high-probability reversal zones with trend confirmation
Confirming breakout trades with multi-timeframe alignment
Understanding market sentiment through power analysis
Setting strategic entry/exit points near dynamic S&R levels
This indicator is ideal for traders who want a comprehensive view of both market structure and trend alignment without cluttering their charts with multiple separate indicators.
Smart Market Structure🔹 What it does:
Detects swing highs & lows automatically
Marks Break of Structure (BOS) and Market Structure Shifts (MSS) in real time
Plots Order Blocks and auto-removes them if invalidated
Colors candles by market structure bias (bullish / bearish)
Comes with a built-in Dashboard showing:
Last BOS & MSS direction
Current trend bias
Swings since last MSS
Active Bullish/Bearish OB count
A Trend Strength Meter to gauge momentum
🔹 Goal:
To give traders a clearer picture of price action, so instead of staring at raw candles and second-guessing, you get structure + context instantly.
Source: www.reddit.com
Multi-TF EMA 5/8-ChartTicker-Dashboard⚙️ Key Components
Timeframes & Weights
Uses 5 different intraday timeframes: 2m, 5m, 15m, 30m, 60m.
Each TF has a weight:
2m = 1
5m = 2
15m = 4
30m = 8
60m = 16
👉 Higher timeframe signals contribute more to the total.
Signal Logic per Timeframe
For each TF, calculate EMA 5 and EMA 8.
If EMA5 > EMA8 → Buy (B, +1).
If EMA5 < EMA8 → Sell (S, –1).
Total Score Calculation
Each signal (+1 or –1) is multiplied by its timeframe weight.
All weighted signals are summed into a total score.
Positive = bullish bias, negative = bearish bias.
Dashboard Table (top-right corner)
Row 1 (header): Symbol, each timeframe (2m, 5m, 15m, 30m, 60m), Total.
Row 2 (values):
Symbol name.
B (green) or S (red) per timeframe.
Weighted Total score.
🛠️ Overall Function
This indicator is essentially a multi-timeframe EMA trend dashboard that:
Shows Buy/Sell alignment across multiple TFs.
Provides a weighted trend score to quickly assess market bias.
Makes it easy to spot whether short- and long-term signals agree or conflict.
Trend with ADX, multiple EMAs - Buy & Sell📊 Core Components
ADX Calculation
Computes DI+ and DI– manually using smoothed true range and directional movement.
Plots background color:
Green when DI+ > DI–
Red when DI– > DI+
Alerts: “ADX Trend Green” or “ADX Trend Red.”
Moving Averages
Fast EMA (5)
Slow EMA (8)
EMA 13
EMA 48
EMA 200
All plotted on the chart with different colors.
VWAP
Plotted as black circles.
📈 Signals & Conditions
Fast EMA vs Slow EMA
Buy Signal: 5 EMA crosses above 8 EMA.
Sell Signal: 5 EMA crosses below 8 EMA.
Avoids repeat signals using CondIni.
Labels: “Buy” (green) / “Sell” (red).
Alerts: “Buy Alert” / “Sell Alert.”
Trend Signals (EMA 13 vs EMA 48)
TBuy: 13 EMA crosses above 48 EMA.
TSell: 13 EMA crosses below 48 EMA.
Labels: “TBuy” (dark green) / “TSell” (dark red).
Alerts: “TBuy Alert” / “TSell Alert.”
🛠️ Overall Purpose
This script combines trend strength (ADX) with short-term EMA crossovers and medium-term EMA trend shifts (13 vs 48).
It provides visual signals, background trend coloring, VWAP reference, and alert triggers for both scalping (5 vs 8 EMA) and trend trading (13 vs 48 EMA).
heat map Last Close (Green/Red) 1-5-15-30-60-120m candle chartheat map Last Close (Green/Red) 1-5-15-30-60-120m candle chart