Volume 2.0Volume with standard deviations.
Helps to identify moderately high/low volume and very high/low volume.
Low volume indicates less market participation. High volume indicates higher market participation.
It forecasts potential changes of sentiment.
Volume with standard deviations (n=14).
Helps to identify moderately high/low volume and very high/low volume. Low volume indicates less market participation. High volume indicates higher market participation.
It forecasts potential changes of sentiment. This indicator has to be used with others. It is an adjunct tool, but a powerful one.
NB:
My previous version "Volume" violated the Pine Code house rules, so it got shielded from public view. This is my first experience with writing in Pine Code and publishing. I suspect it was because I didn't publish with a clean chart without other indicators added. My apologies in advance if version 2.0 is again another violation, which will then get shielded again. I am only publishing out of good will to share that's all.
Göstergeler ve stratejiler
Vulture 2.0This indicator ("Vulture 2.0") is the volume of a candle divided by the spread.
When higher than 2 standard deviations, it suggests demand aggressively opposing supply and vice versa.
When lower than 2 standard deviations, it suggests demand hardly being opposed by supply or vice versa.
E.g., if the vulture is very high and volume is also very high, this indicates high institutional activity (who is usually right) against the herd (who is usually wrong). If the vulture is very low and volume is very high, this suggests a mark up or mark down. If vulture is very high and volume is very low, whilst prices are climbing up to a resistance area, the low volume climb is less likely an ease of movement, and more likely to be a significant "no demand" candle, and so prices are likely on the verge of a reversal back to the downside.
NB:
For standard deviations, n=14. This indicator has to be used with others. It is an adjunct indicator and a powerful one. My previous version "Vulture" violated the Pine Code house rules, so it got shielded from public view. This is my first experience with writing in Pine Code and publishing. I suspect it was because I didn't publish with a clean chart without other indicators added. My apologies in advance if version 2.0 is again another violation, which will then get shielded again. I am only publishing out of good will to share that's all.
Futubull VWAPTo apply Futubull’s VWAP (Volume Weighted Average Price) indicator to TradingView, the key is to understand Futubull’s VWAP calculation logic and features, then replicate them using TradingView’s Pine Script language. Below are detailed steps and methods, incorporating the provided context and prior discussions, to help you create a custom VWAP indicator in TradingView that mirrors Futubull’s functionality. The script will be tailored for day trading CIEN (Ciena Corporation) on September 4, 2025, during pre-market (Hong Kong time 11:25 PM, equivalent to US Eastern Time 11:25 AM), leveraging its earnings-driven breakout ($115.50, +21.81%).
均线趋势过滤器 (MA_trend Signal/Noise Filter)双语简介
中文：
这款指标是一个基于“信噪比”思想的终极趋势过滤器。它通过比较快速和慢速EMA均线之间的差值（即信号）与ATR（平均真实波幅，代表噪音）来判断市场趋势。只有当信号的强度超过噪音的指定倍数时，才会确认趋势的有效性。该指标可帮助交易者过滤掉噪音，精确捕捉强势趋势，避免误操作。
English:
This indicator is the Ultimate Trend Filter based on the Signal-to-Noise ratio concept. It compares the difference between the fast and slow EMA (Signal) to the ATR (Noise) to determine market trends. A trend is confirmed only when the signal strength exceeds the noise by a specified multiplier. This indicator helps traders filter out noise and accurately capture strong trends, avoiding false signals.
High For Loop | MisinkoMasterThe High For Loop is a new Trend Following tool designed to give traders smooth and fast signals without being too complex, overfit or repainting.
It works by finding how many bars have a higher high than the current high, how many have a lower high, and scores it based on that. This provides users with easy and accurate signals, allowing for gaining a large edge in the market.
It is pretty simple but you can still play around with it pretty well and improve uppon your strategies.
For any backtests using strategies, I left many comments and tried to make it as easy as possible to backtest.
Enjoy G´s
FlowScope [Hapharmonic]FlowScope: Uncover the Market's True Intent 🔬
Ever wished you could look inside the candles and see where the real action is happening? FlowScope is your microscope for the market's flow, designed to give you a powerful edge by revealing the volume distribution that price action alone can't show you.
Instead of just looking at the open, high, low, and close, FlowScope lets you dive deeper into the market's auction process. It groups candles together and builds a detailed Volume Profile for that period, showing you exactly where the trading happened and revealing the story behind the price action.
Let's explore how you can use it to gain a powerful new edge.
🧐 Core Concept: How It Works
At its heart, FlowScope does three key things:
It Groups Candles: You decide how many candles to group together. For example, setting " Group Candles " to 4 on a 5-minute chart effectively gives you a detailed 20-minute candle and profile. This helps you see the bigger picture and filter out market noise.
It Builds a Volume Profile: For each group, FlowScope analyzes the volume at every single price level. It then displays this as a horizontal histogram (we call this a "footprint" or profile). Longer bars mean more volume was traded at that price, indicating a "fair" price or an area of acceptance. Shorter bars mean price moved through quickly, indicating rejection.
It Creates a Custom "Grouped Candle": To summarize the group's overall price action, FlowScope draws a single, custom candle representing the entire group's:
Open: The open of the first candle in the group.
High: The absolute highest price reached within the group.
Low: The absolute lowest price reached within the group.
Close: The close of the last candle in the group.
This gives you a crystal-clear view of the group's net result, free from the back-and-forth noise of the individual candles inside it.
Below are some of the stunning preset color palettes you can choose from to customize your view:
🚀 How to Use: Practical Applications
FlowScope isn't just for looking pretty; it's a powerful analysis tool. Here are a few ways to integrate it into your trading:
Identify High-Volume Nodes (HVNs): Look for the longest bars in the profile. These are price levels where the market spent the most time and traded the most volume. HVNs often act as powerful "magnets" for price, becoming key areas of support and resistance.
Spot Low-Volume Nodes (LVNs): These are areas with very short bars or gaps in the profile. They represent price levels that the market moved through quickly and inefficiently. If price returns to an LVN, it's likely to move through it quickly again.
Analyze the Summary Box: This is where the real magic happens! ✨
Total Volume (Σ): The total volume for the entire group.
Buy (B) vs. Sell (S) Volume: FlowScope analyzes the lower timeframe action to estimate the buying and selling pressure that made up the total volume. Is a big red candle mostly aggressive selling, or was it just a lack of buyers? The B/S data gives you clues. A high-volume candle with nearly 50/50 buy/sell pressure might indicate absorption or a potential reversal.
Use the Grouped Candle for Clarity: Is the market in a clear uptrend, or is it just choppy? The grouped candle can give you a much clearer signal. A series of strong, green grouped candles shows much more conviction than a mix of small green and red candles.
⚙️ Settings & Customization
This is where you can truly make FlowScope your own. Let's walk through each setting.
Profile Settings
Group Candles: The number of standard chart candles you want to combine into a single FlowScope profile. A setting of 1 will analyze every single bar. A higher number gives you a broader market view. When Group Candles is set to 5, the data from the 5 individual candles are combined, and the volume is calculated accordingly.
Max Profile Boxes: This setting is more than just a number; it's a smart limit that ensures your profiles are always readable and relevant to the current market conditions.
Adaptive Sizing (The Ideal Goal): FlowScope first tries to create the perfect profile by making each volume box's height proportional to the current market volatility. It calculates an "ideal" box height based on the Average True Range ( ATR / 10 ). This is powerful because it automatically adapts: you get smaller, more detailed boxes in quiet, low-volatility markets, and larger, clearer boxes in volatile, fast-moving markets.
The Safety Cap (Your Setting): However, what if you group several candles during a massive price move? The price range could be huge! If we only used the small, ATR-based box height, you might end up with hundreds of tiny, unreadable boxes. This is where your Max Profile Boxes setting (defaulting to 50) comes in. It acts as a maximum detail cap . If the adaptive, volatility-based calculation determines that it would need more boxes than your setting (e.g., more than 50), the indicator will override it. It will then simply divide the entire price range of the group into exactly the number of boxes you specified (e.g., 50).
In short: You are setting the maximum allowable detail. FlowScope intelligently adapts the profile's granularity below that limit based on market volatility, ensuring you always get a clear and meaningful picture.
Style
Show Profile BG: A simple toggle to show or hide the faint background color behind the volume bars. Turning it off can create a cleaner look.
Color Mode: This dropdown controls how the volume profile text is colored.
Custom Gradient: This mode uses the three custom colors you select in the "Profile Colors" section to create a beautiful gradient across the profile.
Candle Color: This mode colors the profile based on whether the grouped candle was bullish (green) or bearish (red). The color will be a gradient, with the most intense color applied to the box with the highest volume; the colors of the other boxes will fade out from that point. It's a great way to see the profile's "mood" at a glance.
Profile Colors 🎨
Use Preset Palette: This is the master switch!
If checked: You can choose from 10 stunning, pre-designed color palettes from the Palette dropdown. The custom color pickers below will be disabled.
If unchecked (Default): The Palette dropdown will be disabled, and you can now choose your own three colors for the gradient.
Palette: (Only active when "Use Preset Palette" is checked) . Choose from 10 luxurious, eye-catching color schemes like "Solar Flare" or "Deep Space" to instantly change the look and feel of your chart.
Low Price / Mid Price / High Price: (Only active when "Use Preset Palette" is unchecked) . These three color pickers allow you to design your own unique gradient for the Custom Gradient color mode.
Candle Display
These settings control the custom "Grouped Candle" that summarizes the profile. When using the "Show Custom Candle" feature, you should change the chart's candlestick display to Bars for a cleaner view.
Show Custom Candle: This is the main toggle. When you check this box, the original chart candles will be hidden, and your custom FlowScope candle will be displayed instead. This custom candle is intentionally small to ensure it does not visually overlap with the volume profile boxes.
Show Body: (Only active when "Show Custom Candle" is checked) . Toggles the visibility of the candle's body.
Wick Width & Body Width: (Only active when "Show Custom Candle" is checked) . These sliders let you control the thickness of the wick and body lines to match your personal style.
Up Color / Down Color: (Only active when "Show Custom Candle" is checked) . Choose the colors for your bullish and bearish custom candles.
Experiment with the settings, find a style that works for you, and start seeing the market in a whole new light.
Happy trading! 📈😊
Kalkulator pozycji N100This indicator is a real-time position size calculator designed specifically for NASDAQ 100 futures (E-mini NQ and Micro NQ). It works on any timeframe, best on 1-minute charts, and calculates your position size based on candle body (ignoring wicks). This allows you to always see your exact risk and the number of contracts you can take before the candle closes.
MA-Median For Loop | MisinkoMasterThe MA-Median For Loop is a new Trend Following tool that gives the user smooth yet responsive trend signals, allowing you to see clear and accurate trends by combining the Moving Average & Median in a For Loop concept.
How does it work?
1. Select user defined inputs
=> Adjust it to your liking, everyone can set it to their liking.
2. Calculate the MA and the Median
=> Simple, but important
3. Calculate the For Loop
=> For every bar back where the median or ma of that bar is higher than the current median or ma subtract 0.5 from the trend score, and for every bar back where the current median/ma is higher than the previous one add 0.5 to the trend score.
This simple yet effective approach enhances speed, decreases noise, and produces accurate signals everyone can utilize to get an edge in the market
Enjoy G´s
DCA Anchor (Weekly/Monthly/N Bars) [CHE] What is Dollar-Cost Averaging (DCA)?
DCA is a position-building method where you invest a fixed amount at fixed intervals (e.g., weekly or monthly) regardless of price. Over time, this:
reduces timing risk (you don’t need to guess tops/bottoms),
smooths entry price by buying more units when price is low and fewer when price is high,
keeps decisions simple and repeatable.
Trade-offs:
You’ll never catch the exact bottom.
In strong uptrends, lump-sum can outperform.
Fees matter if you buy very frequently.
Simple math:
Qty bought at time t = `amount / price_t` (net of fees if fees are not “on top”).
Total qty = sum of all buys.
Average price (cost basis) = `total invested / total qty`.
Equity = `total qty last price`.
P\&L = `equity − total invested` (and `%` = `P&L / total invested`).
DCA Anchor (Weekly/Monthly/N Bars)
Purpose: automate scheduled DCA buys on chart data, optionally add extra buys on drawdowns, track stats, and fire alerts.
Core features
Schedules:
1. Every N bars,
2. Weekly (first bar of a new week),
3. Monthly (first bar of a new month).
A Start time input gates when the logic begins.
Fees model:
Fee on top: you pay `amount + fee` in cash; quantity = `amount / close`.
Fee from amount: fee is deducted from the amount; quantity is smaller, cash outlay equals `amount`.
Optional drawdown buys:
Trigger when `close ≤ avgCost (1 − ddPct/100)`.
Controls: drawdown % threshold, multiplier (extra size vs. base amount), and cooldown in bars.
State & metrics: tracks total invested, total quantity, average price, equity, P\&L (abs/%).
Visuals:
Line plot of Average Price.
Buy labels at execution bars (plan and drawdown).
Compact table (positionable) with key stats (trades, invested, qty, avg price, equity, P\&L).
Alerts:
Plan Buy (Bar Close) and Drawdown Buy (Bar Close) — robust, non-repainting.
Optional Intrabar Preview alerts for early heads-up (can fire before bar close).
How to use it (quick start)
1. Add to chart → Inputs:
Buy frequency: pick Every N bars, Weekly, or Monthly.
Start time: date from which buys may begin.
Buy amount: fixed cash per planned buy.
Fees % and Fee on top? to match your broker/exchange model.
(Optional) Enable drawdown buy, set threshold %, multiplier, and cooldown.
Toggle Show buy labels and Show stats table.
2. Alerts (recommended):
Use “DCA Plan Buy (Bar Close)” and/or “DCA Drawdown Buy (Bar Close)” with Once per bar close.
If you need early signals, enable Intrabar pre-alerts and add the two Intrabar Preview alerts with Once per bar.
3. Interpretation:
The yellow line is your average price.
Green/orange markers show plan buys and drawdown buys.
The table summarizes total trades, invested capital, quantity, average price, current equity, and P\&L.
Practical notes
All executions occur at bar close by default to avoid intrabar repainting.
Weekly/monthly roll depends on the symbol’s exchange calendar.
Backtest realism: no slippage, no partial fills. Fees are modeled as configured.
If you buy very frequently, consider higher “N” or weekly/monthly to keep fees under control.
If you want, I can tailor the defaults (amount, fee model, drawdown rules) to your typical markets and timeframes.
Disclaimer
No indicator guarantees profits. DCA Anchor (Weekly/Monthly/N Bars) is a decision aid; always combine with solid risk management and your own judgment. Backtest, forward test, and size responsibly.
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Enhance your trading precision and confidence 🚀
Best regards
Chervolino
Simplified VMCSimplified VuManChu B — TanTechTrades™
This script is a streamlined version of the popular VuManChu WaveTrend + Divergence indicator. It focuses on the core logic of WaveTrend crosses, divergences, and golden buy signals while keeping visuals clean and lightweight.
🔹 Features
WaveTrend (WT) Oscillator with customizable lengths
Overbought / oversold levels with optional deep oversold threshold
Bullish & Bearish Divergences detected automatically (plotted as circles)
Golden Buy Circles (special oversold + RSI confluence signals)
Buy & Sell crossover circles for WT1 / WT2
Alerts for divergence and golden buy signals
Dark background option for clear contrast
🔹 How It Works
Bullish Divergence: Price makes a lower low, WT makes a higher low
Bearish Divergence: Price makes a higher high, WT makes a lower high
Golden Circle: Oversold bullish divergence + RSI confirmation
Plots crossover signals to highlight potential trend reversals
This version removes unnecessary extras from the original VuManChu script, making it lighter, faster, and focused only on the most powerful signals.
⚠️ Disclaimer: For educational purposes only. Not financial advice.
Custom TP/SL Levels (1%, 2%, 3%)Custom TP/SL Levels (1%, 2%, 3%) — TanTechTrades™
This indicator automatically plots percentage-based take-profit (TP) and stop-loss (SL) levels around the current price, making it easy to visualize risk/reward scenarios for both long and short trades.
🔹 Features
Three configurable TP/SL levels (default: 1%, 2%, 3%)
Separate plotting for long (green = TP, red = SL) and short (blue = TP, purple = SL) setups
Adjustable percentages for flexible strategy testing
Simple visual overlay to assist with trade planning and management
🔹 How It Works
Long setup: SL lines plotted below entry, TP lines above entry
Short setup: SL lines plotted above entry, TP lines below entry
All levels update dynamically as price moves
This tool is useful for traders who want a quick, no-fuss way to manage position exits and visualize multiple TP/SL levels directly on the chart.
⚠️ Disclaimer: For educational purposes only. Not financial advice.
SSL CHANNEL 2.0SSL Channel + Braid Filter + MFI Alerts (TanTechTrades™)
This indicator combines three confirmation tools — SSL Channel, Braid Filter, and Money Flow Index (MFI) — to generate precise buy/sell alerts.
🔹 Features
SSL Channel: Trend direction based on moving averages of highs and lows
Braid Filter: Confirms trend strength via EMA separation and volatility filter
MFI: Volume-adjusted momentum for validation of long/short entries
Alerts for both long and short signals
Background coloring for visual Braid Filter confirmation
Signal markers on the chart (BUY/SELL labels + colored circles)
🔹 How It Works
Long Signal: SSL bullish crossover + Braid Filter green + MFI above threshold
Short Signal: SSL bearish crossunder + Braid Filter red + MFI below threshold
Plots dynamic trend lines and color-coded backgrounds to reinforce signals visually
This multi-indicator system helps reduce false signals by requiring trend, momentum, and volume confirmation before entries.
⚠️ Disclaimer: Educational purposes only. Not financial advice.
ATR Bands with SL and TPATR Bands with SL and TP (TanTechTrades™)
This indicator uses the Average True Range (ATR) to dynamically calculate stop-loss and take-profit levels around the current price.
🔹 Features
Adjustable ATR period for volatility sensitivity
Separate multipliers for stop-loss and take-profit
Plots long/short SL and TP levels simultaneously
Color-coded bands for quick visual reference (orange = SL, blue = TP)
🔹 How to Use
For long positions: SL is plotted below price, TP above price.
For short positions: SL is plotted above price, TP below price.
The wider the ATR, the further the levels adjust, reflecting higher volatility.
This tool helps traders set volatility-based exits instead of fixed pip/point levels, making risk management more adaptive to market conditions.
⚠️ Disclaimer: For educational purposes only. Not financial advice.
VWAP + Bollinger Bands VWAP + Bollinger Bands (TanTechTrades™)
This indicator combines VWAP (Volume Weighted Average Price) with Bollinger Bands to provide a hybrid view of price action, volume, and volatility.
🔹 VWAP Features
Customizable anchor period (Session, Week, Month, Quarter, Year, etc.)
Option to hide VWAP automatically on daily or higher timeframes
Up to 3 configurable VWAP bands with multipliers
Bands can be calculated using Standard Deviation or Percentage
🔹 Bollinger Bands Features
Adjustable period length and source
Multiple moving average types (SMA, EMA, RMA, WMA, VWMA)
Customizable standard deviation multiplier
Configurable offset for advanced alignment
🔹 Visuals
Central VWAP line with optional surrounding bands
Bollinger Bands with customizable fills
Color-coded regions to highlight volatility expansions and contractions
This tool is designed for traders who want to see how VWAP reacts alongside volatility envelopes, making it easier to identify areas of liquidity, support/resistance, and potential breakouts or reversals.
⚠️ Disclaimer: This script is for educational purposes only. It is not financial advice.
Double Median ATR Bands | MisinkoMasterThe Double Median ATR Bands is a version of the SuperTrend that is designed to be smoother, more accurate while maintaining a good speed by combining the HMA smoothing technique and the median source.
How does it work?
Very simple!
1. Get user defined inputs:
=> Set them up however you want, for the result you want!
2. Calculate the Median of the source and the ATR
=> Very simple
3. Smooth the median with √length (for example if median length = 9, it would be smoothed over the length of 3 since 3x3 = 9)
4. Add ATR bands like so:
Upper = median + (atr*multiplier)
Lower = median - (atr*multiplier)
Trend Logic:
Source crossing over the upper band = uptrend
Source crossing below the lower band = downtrend
Enjoy G´s!
Futures Multi-Asset Open Distance Table## Multi-Asset Open Distance Table - Quick Description
This Pine Script indicator displays a **real-time table** that tracks how far **three user-selected assets** are from their key opening price levels.
**What it shows:**
- **Three customizable assets** (default: NQ!, ES!, YM!)
- **Distance from 3 key opens** for each asset:
- **1800 ET Open** (Electronic trading session start)
- **0930 ET Open** (Regular market hours start)
- **Weekly Open** (Beginning of trading week)
**Visual features:**
- **Percentage changes** from each open level
- **Color coding**: Green for gains above opens, red for losses below opens
- **Direction arrows**: ▲ (above), ▼ (below), ■ (unchanged)
- **Customizable table position** and size
**Perfect for:**
- **Intraday traders** monitoring key session levels
- **Multi-timeframe analysis** across different market opens
- **Quick reference** to see which assets are performing relative to major opening levels
- **Session-based trading strategies** using 6PM and 9:30AM opens
The table updates in real-time and provides an at-a-glance view of where your chosen assets stand relative to these critical price reference points throughout the trading day.
SESSIONS Golden Team SESSIONS — Multi-Session Forex Box & Range Analysis
This indicator displays the major Forex market sessions — London, New York, Tokyo, Sydney, and Frankfurt — directly on the chart. Each session is shown as a customizable colored box with optional Fibonacci levels and opening range markers.
It also calculates and displays the average pip range of each session over a user-defined number of past days, allowing traders to analyze volatility patterns for each trading period.
Key Features:
Configurable session times and time zones
Individual on/off toggle for each session
Custom colors, box transparency, and border styles
Optional Opening Range and Fibonacci retracement levels for each session
Average pip range table for quick volatility reference
Works on any intraday timeframe
How It Works:
The script identifies the start and end times of each session based on user settings.
A box is drawn around the high/low of the session period.
At the end of each session, the pip range is recorded, and an average is calculated over the last N sessions (default: 20).
The results are displayed in a statistics table showing average pips and whether the session is currently active.
Suggested Use:
Identify high-volatility sessions for breakout trading
Filter trades to active trading hours
Study historical volatility to refine entry timing
FX Market Sessions serkanMarket stock market opening and closing indicators
Opening and closing time ranges
Frankfurt
London
CM
New York opening and closing time ranges
Cardwell RSI by TQ📌 Cardwell RSI – Enhanced Relative Strength Index
This indicator is based on Andrew Cardwell’s RSI methodology , extending the classic RSI with tools to better identify bullish/bearish ranges and trend dynamics.
In uptrends, RSI tends to hold between 40–80 (Cardwell bullish range).
In downtrends, RSI tends to stay between 20–60 (Cardwell bearish range).
Key Features :
Standard RSI with configurable length & source
Fast (9) & Slow (45) RSI Moving Averages (toggleable)
Cardwell Core Levels (80 / 60 / 40 / 20) – enabled by default
Base Bands (70 / 50 / 30) in dotted style
Optional custom levels (up to 3)
Alerts for MA crosses and level crosses
Data Window metrics: RSI vs Fast/Slow MA differences
How to Use :
Monitor RSI behavior inside Cardwell’s bullish (40–80) and bearish (20–60) ranges
Watch RSI crossovers with Fast (9) and Slow (45) MAs to confirm momentum or trend shifts
Use levels and alerts as confluence with your trading strategy
Default Settings :
RSI Length: 14
MA Type: WMA
Fast MA: 9 (hidden by default)
Slow MA: 45 (hidden by default)
Cardwell Levels (80/60/40/20): ON
Base Bands (70/50/30): ON
Adaptive Trend Following Suite [Alpha Extract]A sophisticated multi-filter trend analysis system that combines advanced noise reduction, adaptive moving averages, and intelligent market structure detection to deliver institutional-grade trend following signals. Utilizing cutting-edge mathematical algorithms and dynamic channel adaptation, this indicator provides crystal-clear directional guidance with real-time confidence scoring and market mode classification for professional trading execution.
🔶 Advanced Noise Reduction
Filter Eliminates market noise using sophisticated Gaussian filtering with configurable sigma values and period optimization. The system applies mathematical weight distribution across price data to ensure clean signal generation while preserving critical trend information, automatically adjusting filter strength based on volatility conditions.
advancedNoiseFilter(sourceData, filterLength, sigmaParam) =>
weightSum = 0.0
valueSum = 0.0
centerPoint = (filterLength - 1) / 2
for index = 0 to filterLength - 1
gaussianWeight = math.exp(-0.5 * math.pow((index - centerPoint) / sigmaParam, 2))
weightSum += gaussianWeight
valueSum += sourceData * gaussianWeight
valueSum / weightSum
🔶 Adaptive Moving Average Core Engine
Features revolutionary volatility-responsive averaging that automatically adjusts smoothing parameters based on real-time market conditions. The engine calculates adaptive power factors using logarithmic scaling and bandwidth optimization, ensuring optimal responsiveness during trending markets while maintaining stability during consolidation phases.
// Calculate adaptive parameters
adaptiveLength = (periodLength - 1) / 2
logFactor = math.max(math.log(math.sqrt(adaptiveLength)) / math.log(2) + 2, 0)
powerFactor = math.max(logFactor - 2, 0.5)
relativeVol = avgVolatility != 0 ? volatilityMeasure / avgVolatility : 0
adaptivePower = math.pow(relativeVol, powerFactor)
bandwidthFactor = math.sqrt(adaptiveLength) * logFactor
🔶 Intelligent Market Structure Analysis
Employs fractal dimension calculations to classify market conditions as trending or ranging with mathematical precision. The system analyzes price path complexity using normalized data arrays and geometric path length calculations, providing quantitative market mode identification with configurable threshold sensitivity.
🔶 Multi-Component Momentum Analysis
Integrates RSI and CCI oscillators with advanced Z-score normalization for statistical significance testing. Each momentum component receives independent analysis with customizable periods and significance levels, creating a robust consensus system that filters false signals while maintaining sensitivity to genuine momentum shifts.
// Z-score momentum analysis
rsiAverage = ta.sma(rsiComponent, zAnalysisPeriod)
rsiDeviation = ta.stdev(rsiComponent, zAnalysisPeriod)
rsiZScore = (rsiComponent - rsiAverage) / rsiDeviation
if math.abs(rsiZScore) > zSignificanceLevel
rsiMomentumSignal := rsiComponent > 50 ? 1 : rsiComponent < 50 ? -1 : rsiMomentumSignal
❓How It Works
🔶 Dynamic Channel Configuration
Calculates adaptive channel boundaries using three distinct methodologies: ATR-based volatility, Standard Deviation, and advanced Gaussian Deviation analysis. The system automatically adjusts channel multipliers based on market structure classification, applying tighter channels during trending conditions and wider boundaries during ranging markets for optimal signal accuracy.
dynamicChannelEngine(baselineData, channelLength, methodType) =>
switch methodType
"ATR" => ta.atr(channelLength)
"Standard Deviation" => ta.stdev(baselineData, channelLength)
"Gaussian Deviation" =>
weightArray = array.new_float()
totalWeight = 0.0
for i = 0 to channelLength - 1
gaussWeight = math.exp(-math.pow((i / channelLength) / 2, 2))
weightedVariance += math.pow(deviation, 2) * array.get(weightArray, i)
math.sqrt(weightedVariance / totalWeight)
🔶 Signal Processing Pipeline
Executes a sophisticated 10-step signal generation process including noise filtering, trend reference calculation, structure analysis, momentum component processing, channel boundary determination, trend direction assessment, consensus calculation, confidence scoring, and final signal generation with quality control validation.
🔶 Confidence Transformation System
Applies sigmoid transformation functions to raw confidence scores, providing 0-1 normalized confidence ratings with configurable threshold controls. The system uses steepness parameters and center point adjustments to fine-tune signal sensitivity while maintaining statistical robustness across different market conditions.
🔶 Enhanced Visual Presentation
Features dynamic color-coded trend lines with adaptive channel fills, enhanced candlestick visualization, and intelligent price-trend relationship mapping. The system provides real-time visual feedback through gradient fills and transparency adjustments that immediately communicate trend strength and direction changes.
🔶 Real-Time Information Dashboard
Displays critical trading metrics including market mode classification (Trending/Ranging), structure complexity values, confidence scores, and current signal status. The dashboard updates in real-time with color-coded indicators and numerical precision for instant market condition assessment.
🔶 Intelligent Alert System
Generates three distinct alert types: Bullish Signal alerts for uptrend confirmations, Bearish Signal alerts for downtrend confirmations, and Mode Change alerts for market structure transitions. Each alert includes detailed messaging and timestamp information for comprehensive trade management integration.
🔶 Performance Optimization
Utilizes efficient array management and conditional processing to maintain smooth operation across all timeframes. The system employs strategic variable caching, optimized loop structures, and intelligent update mechanisms to ensure consistent performance even during high-volatility market conditions.
This indicator delivers institutional-grade trend analysis through sophisticated mathematical modelling and multi-stage signal processing. By combining advanced noise reduction, adaptive averaging, intelligent structure analysis, and robust momentum confirmation with dynamic channel adaptation, it provides traders with unparalleled trend following precision. The comprehensive confidence scoring system and real-time market mode classification make it an essential tool for professional traders seeking consistent, high-probability trend following opportunities with mathematical certainty and visual clarity.
