Constance Brown Composite Index EnhancedWhat This Indicator Does
Implements Constance Brown's copyrighted Composite Index formula (1996) from her Master's thesis - a breakthrough oscillator that solves the critical problem where RSI fails to show divergences in long-horizon trends, providing early warning signals for major market reversals.
The Problem It Solves
Traditional RSI frequently fails to display divergence signals in Global Equity Indexes and long-term charts, leaving asset managers without warning of major price reversals. Brown's research showed RSI failed to provide divergence signals 42 times across major markets - failures that would have been "extremely costly for asset managers."
Key Components
Composite Line: RSI Momentum (9-period) + Smoothed RSI Average - the core breakthrough formula
Fast/Slow Moving Averages: Trend direction confirmation (13/33 periods default)
Bollinger Bands: Volatility envelope around the composite signal
Enhanced Divergence Detection: Significantly improved trend reversal timing vs standard RSI
Research-Proven Performance
Based on Brown's extensive study across 6 major markets (1919-2015):
42 divergence signals triggered where RSI showed none
33 signals passed with meaningful reversals (78% success rate)
Only 5 failures - exceptional performance in monthly/2-month timeframes
Tested on: German DAX, French CAC 40, Shanghai Composite, Dow Jones, US/Japanese Government Bonds
New Customization Features
Moving Average Types: Choose SMA or EMA for fast/slow lines
Optional Fills: Toggle composite and Bollinger band fills on/off
All Periods Adjustable: RSI length, momentum, smoothing periods
Visual Styling: Customize colors and line widths in Style tab
Default Settings (Original Formula)
RSI Length: 14
RSI Momentum: 9 periods
RSI MA Length: 3
SMA Length: 3
Fast SMA: 13, Slow SMA: 33
Bollinger STD: 2.0
Applications
Long-term investing: Monthly/2-month charts for major trend changes
Elliott Wave analysis: Maximum displacement at 3rd-of-3rd waves, divergence at 5th waves
Multi-timeframe: Pairs well with MACD, works across all timeframes
Global markets: Proven effective on equities, bonds, currencies, commodities
Perfect for serious traders and asset managers seeking the proven mathematical edge that traditional RSI cannot provide.
Göstergeler ve stratejiler
Static OHLC Static OHLC,
This can be applied out of market hours to have static lines on OHLC,
This can act as strong support and resistance regions
YoY Gain till current yearYoy gains that helps you build your data base. You can see all the gains from the past 20 years and thus helps you analyze the stock movement and expected gain over the period of time, com bine this information with market cap of the stock and you can know its future potential combined with current and past earnings analysis.
15-Minute ORB (Opening Range Breakout) —BBC-Ninja15-Minute ORB (Opening Range Breakout) —BBC-Ninja
15 min orb indicator for nasdaq with daylight saving
Justin's Bitcoin Power Law Predictor (Santostasi Model)This indicator uses the Powerlaw to predict the BTC price.
Custom Volume + Buyer & Price %Title: Custom Volume + Buyer & Price %
Description:
This indicator helps you see who is controlling the market — buyers or sellers — using volume and price action. It works even if your chart is on a small timeframe (like 5-min or 15-min), by showing Daily, Weekly, and Monthly information from the higher timeframe volume charts.
Key Features & How It Works:
Buyer % (B%):
Measures where the closing price is within the high-low range of a candle.
Calculation:
\text{Buyer %} = \frac{\text{Close} - \text{Low}}{\text{High} - \text{Low}} \times 100
Interpretation:
> 50% → Buyers are stronger
< 50% → Sellers are stronger
50% → Balanced
Volume Coloring:
Volume bars are colored based on Buyer %, not price movement:
Green → Buyers dominate
Red → Sellers dominate
Yellow → Balanced day
Higher Timeframe Insight:
Displays Daily, Weekly, and Monthly volume & Buyer % even if your chart is on a smaller timeframe.
Lets you understand long-term buying or selling pressure while trading intraday.
21-Day Average:
Shows average Buyer % and average volume over the past 21 days for trend context.
Why It’s Useful:
Quickly visualize whether the market is buyer-driven or seller-driven.
Identify strong accumulation or distribution days.
Works on any chart timeframe while giving higher timeframe perspective.
Ideal for traders who want easy, visual insight into market sentiment.
Multi EMA/SMA with labels (Any timeframe)Now you can select anykind of Moving Averages(SMA/EMA) with any period AND anytime frame.Specially for those who love to work with multi moving averages
Multi EMA/SMA with labels (Any timeframe)Now you can select anykind of Moving Averages(SMA/EMA) with any period AND anytime frame.Specially for those who love to work with multi moving averages
EMA's Rainbow: 5/10/20/50/100/150/200/250All major EMA's color coded to look like a rainbow, and configurable
Previous 1 & 2 Days Closepreviosue 2 day closing price which helpt to know trend and take good entry
Sinusoidal Cycles OscillatorTitle: Sinusoidal Cycles Oscillator – Multi-Cycle Market Indicator
Description:
Discover market rhythm with the Sinusoidal Cycles Oscillator, a powerful tool for technical analysis and cyclical trading.
Three customizable cycles track short, medium, and long-term market oscillations.
Cycle 1 serves as the main reference wave with an optional mirror envelope.
Cycles 2 & 3 provide supporting harmonics for deeper insight.
Composite wave averages all cycles to reveal overall market phase.
Features:
Fully adjustable periods and amplitude.
Visualize tops, bottoms, and turning points at a glance.
Oscillator ranges from -1 to +1 with clear threshold guides.
Ideal for traders using cycle analysis, harmonic trading, or market timing.
Easy-to-read visual overlay and separate panel option.
Use it to:
Identify potential price reversals.
Compare market cycles across multiple timeframes.
Enhance timing and entry/exit decisions.
Near New High ScreenerA simple indicator intended to be used in a pinescript scanner to find stocks that are re reaching highs after a pullback or base formation. To use add it as a favourite indicator so it can be selected in a pinescript scanner.
In the settings you can select whether to use the highest high or highest close for the previous high (defaults to close) and whether to use the all time high or the high from the last X days (defaults to 252 days).
Once opened in a pine scanner apply to a watchlist and scan. Stocks with a positive % have broken out from a previous high today, those with a negative % are that % away from the previous high.
You can sort by the “Pct from Prev High%” column or use the scanner filter to filter for stocks between two values, for example between 0 and -5% to find stocks near a new high, or >0 to find stocks that have broken out today.
Shock Detector: Price Jerk with Std-Dev BandsDetect sudden shocks in market behaviour
This indicator measures the jerk of price – the third derivative of price with respect to time (rate of change of acceleration). It highlights sudden accelerations and decelerations in price movement that are often invisible with standard momentum or volatility indicators.
Per-bar or time-scaled derivatives (choose whether calculations are based on bars or actual seconds).
Features
Log-price option for more stable readings across different price levels.
Optional smoothing with EMA to reduce noise.
Line or column view for flexible visualization.
Standard deviation bands (±1σ and ±2σ), centered either on zero or the rolling mean.
Auto window selection (1 day to 4 weeks), adaptive to chart timeframe.
Color-coded jerk: green for positive, red for negative.
Optional filled bands for easy visual context of normal vs. extreme jerk moves.
How to Use
Use jerk to identify sudden shifts in market dynamics, where price movement is not just changing direction but changing its acceleration.
Bands help highlight when jerk values are statistically unusual compared to recent history.
Combine with trend or momentum indicators for potential early warning of breakouts, reversals, or exhaustion.
Why it’s useful
Most indicators measure price, velocity (returns), or acceleration (momentum). This goes one step further to look at jerk, giving you a tool to spot “shock” movements in the market. By framing jerk within standard deviation bands, it’s easy to see whether current moves are ordinary or exceptional.
Developed with the assistance of ChatGPT (OpenAI).
ATR Multiple from MAThe purpose of this indicator is to spot an over stretched price.
A stock that has price ratio of over 4x when measured from closing price to 50 SMA is considered as over stretched. An entry at this level post a higher risk of a pullback.
MA Dist/ATR of over 4x will be marked as Red color.
Jackson Hole Meetings - Lines and LabelsThis TradingView Pine Script indicator marks the dates of the Federal Reserve’s annual Jackson Hole Economic Symposium meetings on your chart. For each meeting date from 2020 through 2025, it draws a red dashed vertical line directly on the corresponding daily bar. Additionally, it places a label above the bar indicating the year of the meeting (e.g., "JH 2025").
Features:
Marks all known Jackson Hole meeting dates from 2020 to 2025.
Draws a vertical dashed line on each meeting day for clear visual identification.
Displays a label above the candle with the meeting year.
Works best on daily timeframe charts.
Helps traders quickly spot potential market-moving events related to Jackson Hole meetings.
Use this tool to visually correlate price action with these key Federal Reserve events and enhance your trading analysis.
Gap + Order Blocks1️⃣ What the script does:
A. Price Gaps:
Detects a candle whose low is higher than the previous candle’s high → Bullish Gap.
Detects a candle whose high is lower than the previous candle’s low → Bearish Gap.
Users can choose:
Limited Extension: the rectangle only spans a set number of candles.
Infinite Extension: the rectangle automatically extends to the end of the chart.
B. Order Blocks (simplified version):
Bullish OB: the last bearish candle before a strong upward move.
Bearish OB: the last bullish candle before a strong downward move.
Drawn as colored rectangles for easy visualization of potential buy/sell zones.
2️⃣ Benefits of the script:
All gaps and OBs are drawn automatically on the chart.
Customizable colors for quick recognition of different zones.
Full control over gap extensions and OB length.
Suitable for both beginner and advanced traders.
Berlin High/Low bis 15:30dayHigh := na(dayHigh) ? high : math.max(dayHigh, high)
dayLow := na(dayLow) ? low : math.min(dayLow, low)
NY ORB (30m) + ATR CheckNY Open strategy
First candle at 30min NY Open @ 9:30
Mark high/low of that candle (ORB)
Make sure ATR is within 25% deviation +/-
If ATR is in harmony with the price difference of the first candle high/low
You trade the first candle close that closes above the candle high/low (ORB)
Candlestick Patterns Dashboard Pro+ [ULTIMATE]Unleash the power of automated candlestick analysis with the most comprehensive and customizable pattern detection tool on TradingView. This is not just another pattern scanner; it's a complete trading dashboard designed to identify, score, and confirm high-probability setups, saving you hours of manual chart analysis.
Built with performance and reliability in mind, this script goes beyond simple detection by introducing a unique reliability score for every pattern, advanced confirmation filters, and a powerful on-screen dashboard to keep you informed.
Key Features
📈 Comprehensive Pattern Detection: Automatically identifies 13 of the most effective candlestick patterns, including Bullish/Bearish Engulfing, Hammer, Shooting Star, Doji, Morning/Evening Star, and more.
🔟 Dynamic Reliability Scoring: Every pattern is assigned a score from 1-10 based on its confirmation strength. Factors include candle body size, volume confirmation, trend alignment, and higher-timeframe confluence, giving you a quantifiable measure of a pattern's potential.
📊 The Ultimate Dashboard: Your at-a-glance command center. The on-screen dashboard provides a complete summary of all active patterns, showing you exactly when they last occurred and highlighting the most recent signals. It also includes an "Overall Bias" meter for a quick sentiment check.
🛡️ Trade Smarter with Advanced Confirmation Filters: Eliminate low-quality signals and focus on what matters.
Trend Alignment: Use SMA(50) and SMA(200) to only show patterns that agree with the dominant market trend.
Volume Confirmation: Validate patterns by requiring a surge in volume.
Non-Repainting HTF Confirmation: Ensure your patterns align with the trend on a higher timeframe (e.g., Daily trend for a 4H signal) using a reliable, non-repainting method.
Market Condition Filter: Isolate patterns that occur only in "Trending" or "Ranging" markets.
Time Filter: Restrict pattern detection to specific trading sessions.
🔧 ‘Fuzzy Logic’ for Real-World Trading: Textbook patterns are rare. Use the "Fuzzy Logic" settings to adjust the criteria for patterns like the Hammer, Piercing Line, and Doji, allowing you to catch imperfect but still valid real-world formations.
⚙️ Fully Customizable Scoring: You decide what's important! Adjust the bonus scores for volume, trend, and other factors to create a scoring system that perfectly aligns with your trading strategy.
🚨 Powerful & Customizable Alerts: Never miss an opportunity.
Create alerts for any individual pattern.
Get notified of "Pattern Clusters" when multiple bullish or bearish signals appear in close succession.
Customize the alert messages to be compatible with your favorite trading automation services.
🚀 Performance Optimized: A "Max Bars Back" setting ensures the script runs smoothly and efficiently, even on lower-end devices or extensive historical data.
How To Use This Indicator
For Confirmation: The primary strength of this tool is for confirmation. Do not trade based on patterns alone. Use the detected signals to confirm your own analysis, such as a pattern appearing at a key support/resistance level, a trendline, or a Fibonacci retracement. A Bullish Engulfing pattern at a major support level is a much stronger signal than one appearing in the middle of a range.
For Discovery: Use the Dashboard to quickly scan through your favorite assets. A dashboard full of recent bullish signals on one asset, and bearish on another, can instantly help you focus your attention for the day.
Customizing for Your Style:
Start with the Market Presets ("Forex," "Stocks," "Crypto") for a solid baseline.
Dive into the Scoring Weights to tell the indicator what you value most. A pure volume trader might increase the Volume Bonus score.
Adjust the Fuzzy Logic settings based on your market's volatility. A volatile crypto market might require a more lenient Doji definition than a stable blue-chip stock.
Setting Up Alerts:
Add the indicator to your chart.
Click the "Alert" button in the TradingView toolbar.
Set the "Condition" to "Candlestick Patterns Dashboard Pro+ ".
Choose the specific alert you want from the dropdown (e.g., "Bullish Pattern Detected," "Bearish Pattern Cluster").
Customize the message if needed and click "Create."
A Note of Thanks
This script began as a personal project and has evolved into this ultimate version thanks to invaluable community feedback, bug reports, and suggestions. A special thank you to the users who helped identify and fix critical bugs related to syntax and variable scope. This collaborative effort has made the indicator more robust and reliable for everyone.
Disclaimer: This tool is for educational and analytical purposes only. All trading involves substantial risk. Past performance is not indicative of future results. Please trade responsibly.
BPS Multi-MA 5 — 22/30, SMA/WMA/EMA# Multi-MA 5 — 22/30 base, SMA/WMA/EMA
**What it is**
A lightweight 5-line moving-average ribbon for fast visual bias and trend/mean-reversion reads. You can switch the MA type (SMA/WMA/EMA) and choose between two ways of setting lengths: by monthly “session-based” base (22 or 30) with multipliers, or by entering exact lengths manually. An optional info table shows the effective settings in real time.
---
## How it works
* Calculates five moving averages from the selected price source.
* Lengths are either:
* **Multipliers mode:** `Base × Multiplier` (e.g., base 22 → 22/44/66/88/110), or
* **Manual mode:** any five exact lengths (e.g., 10/22/50/100/200).
* Plots five lines with fixed legend titles (MA1…MA5); the **info table** displays the actual type and lengths.
---
## Inputs
**Length Mode**
* **Multipliers** — choose a **Base** of **22** (≈ trading sessions per month) or **30** (calendar-style, smoother) and set **×1…×5** multipliers.
* **Manual** — enter **Len1…Len5** directly.
**MA Settings**
* **MA Type:** SMA / WMA / EMA
* **Source:** any series (e.g., `close`, `hlc3`, etc.)
* **Use true close (ignore Heikin Ashi):** when enabled, the MA is computed from the underlying instrument’s real `close`, not HA candles.
* **Show info table:** toggles the on-chart table with the current mode, type, base, and lengths.
---
## Quick start
1. Add the indicator to your chart.
2. Pick **MA Type** (e.g., **WMA** for faster response, **SMA** for smoother).
3. Choose **Length Mode**:
* **Multipliers:** set **Base = 22** for session-based monthly lengths (stocks/FX), or **30** for heavier smoothing.
* **Manual:** enter your exact lengths (e.g., 10/22/50/100/200).
4. (Optional) On **Heikin Ashi** charts, enable **Use true close** if you want the lines based on the instrument’s real close.
---
## Tips & notes
* **1 month ≈ 21–22 sessions.** Using 30 as “monthly” yields a smoother, more delayed curve.
* **WMA** reacts faster than **SMA** at the same length; expect earlier signals but more whipsaws in chop.
* **Len = 1** makes the MA track the chosen source (e.g., `close`) almost exactly.
* If changing lengths doesn’t move the lines, ensure you’re editing fields for the **active Length Mode** (Multipliers vs Manual).
* For clean comparisons, use the **same timeframe**. If you later wrap this in MTF logic, keep `lookahead_off` and handle gaps appropriately.
---
## Use cases
* Trend ribbon and dynamic bias zones
* Pullback entries to the mid/slow lines
* Crossovers (fast vs slow) for confirmation
* Volatility filtering by spreading lengths (e.g., 22/44/88/132/176)
---
**Credits:** Built for clarity and speed; designed around session-based “monthly” lengths (22) or smoother calendar-style (30).