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Relative Strength Index of Moving Average MTF alertsAll credit to this study is for chris jhoncic , this is MTF version with alert of his study basic idea is hybrid of RSI and different MA You can choose which MA from the following list: Tillson Moving Average (T3) Double Exponential Moving Average ( DEMA ) Arnaud Legoux Moving Average ( ALMA ) Least Squares Moving Average ( LSMA ) Simple Moving Average ( SMA ) Exponential Moving Average ( EMA ) Weighted Moving Average ( WMA ) Smoothed Moving Average ( SMMA ) Triple Exponential Moving Average ( TEMA ) Hull Moving Average ( HMA ) Adaptive moving average (AMA) Fractal Adaptive Moving Average (FAMA) Variable Index Dynamic Average ( VIDYA ) Triangular Moving Average (TRIMA) to change the time frame change int2 to what you desire
Pine Script® göstergesi
RafaelZioni tarafından
[STRATEGY] MA Cross ElevenThis script is a crossing of eleven different MA, with alerts and SL and TP. The simplest is what works best... SMA --> Simple EMA --> Exponential WMA --> Weighted VWMA --> Volume Weighted SMMA --> Smoothed DEMA --> Double Exponential TEMA --> Triple Exponential HMA --> Hull TMA --> Triangular SSMA --> SuperSmoother filter ZEMA --> Zero Lag Exponential Using "once per bar close" repaint is 0%, but if you like risk can choose "once per bar", better profit. Thanks to JustUncleL and his amazing sripts. Enjoy! www.tradingview.com "Note: When using non-standard (Renko, Kagi, Line Break, Point and Figure, Heikin Ashi, Spread Charts) types of chart as a basis for strategy, you need to realize that the result will be different. The orders will be executed at the prices of this chart (e.g.for Heikin Ashi it’ll take Heikin Ashi prices (the average ones) not the real market prices). Therefore we highly recommend you to use standard chart type for strategies."
Pine Script® stratejisi
UnknownUnicorn2151907 tarafından
2
Guppy w/AlertsStandard Guppy indicator with alerts for when EMA agreement (color) changes In the Alerts dialog, select Guppy w/Alerts from the Condition dropdown (the ema selected next to it doesn't matter) Then select one of (Fast Trend Switch, Slow Trend Switch, Trend Switch) in the next drop down. Trend Switch is when either set of EMAs change from bullish => neutral, neutral => bullish, bearish => neutral, or neutral => bearish Fast Trend Switch alerts only on fast EMAs switches Slow Trend Switch alerts only on slow EMAs switches bullish = green/aqua bearish = red/orange neutral = gray
Pine Script® göstergesi
okadoke tarafından
2
HA Color Change Alerts (fixed v3)📌 Heikin Ashi Color Change Alerts This indicator notifies you whenever a Heikin Ashi candle changes color (from red → green or green → red). 🔎 Features Automatic Heikin Ashi calculation Uses TradingView’s built-in Heikin Ashi source, so you don’t need to switch your chart to HA candles. Signals on chart Plots ▲ (green triangle) when HA changes from red → green and ▼ (red triangle) when HA changes from green → red. Customizable alerts You can set TradingView alerts for: “Heikin Ashi Turned GREEN” “Heikin Ashi Turned RED” Options Show/Hide the Heikin Ashi candles on top of your normal chart. Choose whether alerts trigger only after bar close, or intrabar as soon as the color flips. Show or hide the signal markers. 🔔 Use cases Trend following: enter when HA flips to green, exit when it flips back to red. Early reversal spotting: get notified when the candle momentum shifts. Works on any symbol and timeframe.
Pine Script® göstergesi
shanezane8888 tarafından
Pro Market Toolkit (TH) v2.4 — S/R + Zones + ATR Bands + Alertsรายละเอียด (ภาษาไทย): อินดิเคเตอร์ชุดเครื่องมือครบวงจรสำหรับนักเทรด คำนวณ แนวรับ–แนวต้าน (Support / Resistance) อัตโนมัติจากสวิง (Pivot High/Low) สร้าง Supply/Demand Zones จาก ATR เพื่อหาพื้นที่กลับตัวสำคัญ วาดเส้น Moving Average และ ATR Bands เพื่อประเมินแนวโน้มและความผันผวน แสดงสัญญาณ Breakout และ Bounce/Reject อย่างชัดเจนบนกราฟ รองรับ Alerts สำหรับ 4 เงื่อนไขสำคัญ: Breakout ขึ้น/ลง, Demand Bounce, Supply Reject มีตารางแสดง Trend และค่า ATR ปัจจุบัน เหมาะสำหรับผู้ที่ต้องการดูแนวโน้ม, หาจุดเข้า/ออก และรับการแจ้งเตือนอัตโนมัติ โดยไม่ต้องเฝ้ากราฟตลอดเวลา Description (English): A comprehensive trading toolkit indicator for professional traders. Automatically detects Support/Resistance levels using swing pivots Generates Supply/Demand Zones based on ATR to highlight potential reversal areas Plots Moving Average and ATR Bands for trend and volatility analysis Displays clear signal markers for Breakouts and Zone Bounces/Rejects Provides Alerts for 4 key conditions: Breakout Up/Down, Demand Bounce, Supply Reject Includes an on-chart table showing the current Trend and ATR value Ideal for traders who want automatic key levels, zones, and signal alerts without the need to monitor the chart constantly.
Pine Script® göstergesi
chadayu77 tarafından
💎 ENJOYBLUE ⏰ Open Price AlertThis Pine Script (version 6) is designed for TradingView to monitor the closing of a user-selected Timeframe (TF) — for example, M30, H1, H4, or D1 — and trigger an alert immediately when that TF’s candle closes. Along with the alert, it displays the current open prices from four higher-level timeframes: Open MN: Open price of the current monthly candle Open W1: Open price of the current weekly candle Open D1: Open price of the current daily candle Open H4: Open price of the current 4-hour candle The alert message is formatted into a single compact line to ensure it is fully visible on mobile devices! ~ENJOYBLUE 💎
Pine Script® göstergesi
Harpeach tarafından
1
Smart RSI Divergence PRO | Auto Lines + Alerts📌 Purpose This indicator automatically detects Regular and Hidden RSI Divergences between price action and the RSI oscillator. It plots divergence lines directly on the chart, labels signals, and includes alerts for automated monitoring. 🧠 How It Works 1. RSI Calculation RSI is calculated using the selected Source (default: Close) and RSI Length (default: 14). 2. Divergence Detection via Fractals Swing points on both price and RSI are detected using fractal logic (5-bar patterns). Regular Divergence: Bearish: Price forms a higher high, RSI forms a lower high. Bullish: Price forms a lower low, RSI forms a higher low. Hidden Divergence: Bearish: Price forms a lower high, RSI forms a higher high. Bullish: Price forms a higher low, RSI forms a lower low. 3. Auto Drawing Lines Lines are drawn automatically between divergence points: Red = Regular Bearish Green = Regular Bullish Orange = Hidden Bearish Blue = Hidden Bullish Line width and transparency are adjustable. 4. Labels and Alerts Labels mark divergence points with up/down arrows. Alerts trigger for each divergence type. 📈 How to Use Use Regular Divergences to anticipate trend reversals. Use Hidden Divergences to confirm trend continuation. Combine with support/resistance, trendlines, or volume for higher probability setups. Recommended Timeframes: Works on all timeframes; more reliable on 1h, 4h, and Daily. Markets: Forex, Crypto, Stocks. ⚙️ Inputs Source (Close, HL2, etc.) RSI Length Toggle Regular / Hidden Divergence visibility Toggle Lines / Labels Line Width & Line Transparency ⚠️ Disclaimer This script is for educational purposes only. It does not constitute financial advice. Always test thoroughly before using in live trading.
Pine Script® göstergesi
artemka3091 tarafından
EMA 8/21/50 + VWAP Crossover Alert IndicatorOverview of the Indicator This is a custom Pine Script v5 indicator for TradingView titled "EMA 8/21/50 + VWAP Crossover Alert Indicator" (short title: "EMA+VWAP Cross Alert"). It's designed as an overlay indicator, meaning it plots directly on your price chart rather than in a separate pane. The primary purpose is to detect and alert on crossovers between the 8-period Exponential Moving Average (EMA) and the 21-period EMA, which can signal potential bullish or bearish momentum shifts. These are classic short-term trend reversal or continuation signals often used in trading strategies like momentum or swing trading. To enhance analysis, it also includes: A 50-period EMA for medium-term trend context (e.g., to confirm if the overall trend aligns with the crossover). A Volume Weighted Average Price (VWAP) line, which provides a benchmark for the average price weighted by volume, useful for identifying intraday value areas or fair price levels. The indicator works across all timeframes (e.g., Daily, 4H, 1H, 15M, 5M, 3M) because the calculations are based on the chart's current bars and adapt to volatility and data resolution. It's not a trading strategy (no entry/exit logic or backtesting), but an alert tool—signals are visual and can trigger notifications in TradingView. Always combine it with risk management, as crossovers can produce false signals in ranging or choppy markets.
Pine Script® göstergesi
Az_Tinks tarafından
A.K Dynamic EMA/SMA / MTF S&R Zones Toolkit with AlertsThe A.K Dynamic EMA/SMA / MTF Support & Resistance Zones Toolkit is a powerful all-in-one technical analysis tool designed for traders who want a clean yet comprehensive market view. Whether you're scalping lower timeframes or swing trading higher timeframes, this indicator gives you both the structure and signals to take action with confidence. Key Features: ✅ Customizable EMA/SMA Suite Display key Exponential and Simple Moving Averages including 5, 9, 20, 50, 100, and 200 EMAs, plus optional 50 SMA for trend filtering. Each line can be toggled individually and color-customized. ✅ Multi-Timeframe Support & Resistance Zones Automatically detects dynamic S/R zones on key timeframes (5min, 15min, 30min, 1H, 4H, 1D) using swing highs/lows. Zones are color-coded by strength and whether they're broken or active, providing a clear visual roadmap for price reaction levels. ✅ Zone Strength & Break Detection Distinguishes between strong and weak zones based on price proximity and reaction depth, with visual shading and automatic label updates when a level is broken. ✅ Price Action-Based Buy/Sell Signals Generates BUY signals when bullish candles react to strong support (supply) zones, and SELL signals when bearish candles react to strong resistance (demand) zones. All logic is adjustable — including candle body vs wick detection, tolerance range, and strength thresholds. ✅ Alerts Engine Built-in TradingView alerts for price touching support/resistance or triggering buy/sell signals. Perfect for automation or hands-free monitoring. ✅ Optional Candle & Trend Filters Highlight bullish/bearish candles visually for additional confirmation. Optional RSI display and 50-period SMA trend filter to guide directional bias. 🧠 Use Case Scenarios: Identify dynamic supply & demand zones across multiple timeframes. Confirm trend direction with EMAs and SMA filters. React quickly to clean BUY/SELL signals based on actual price interaction with strong zones. Customize it fully to suit scalping, day trading, or swing trading strategies. 📌 Recommended Settings: Use default zone transparency (65%) and offset (250 bars) for optimal visual clarity. Enable alerts to get notified when price enters key S/R levels or when a trade signal occurs. Combine this tool with your entry/exit plan for better decision-making under pressure. 💡 Pro Tip: Add this indicator to a clean chart and let the zones + EMAs guide your directional bias. Use alerts to avoid screen-watching and improve discipline. Created by: Version: Pine Script v6 Platform: TradingView
Pine Script® göstergesi
XAU_USD_TRADER tarafından
2
MACD Bullish Cross Alert📘 Indicator Description – MACD Bullish Cross Alert This indicator is designed to detect bullish momentum shifts using the classic MACD (Moving Average Convergence Divergence) crossover strategy. Key Features: Calculates the MACD Line and Signal Line using customizable inputs (default: 12, 26, 9). Triggers an alert when the MACD Line (blue) crosses above the Signal Line (orange). Helps identify early bullish trend reversals or momentum entry points. Ideal for swing traders, position traders, and crypto investors using the weekly timeframe. How to Use: Add to any chart and set the timeframe to 1W (weekly). Create an alert using the built-in MACD Bullish Crossover condition. Combine with price action, volume, or RSI for higher conviction entries. Use Cases: Spotting early entry points after long downtrends. Confirming a trend reversal in high timeframes. Generating high-probability entries in trend-following systems.
Pine Script® göstergesi
kamstark94 tarafından
ORB with Alerts - Current Day OnlyORB with Alerts - Current Day Only This script plots the Opening Range Breakout (ORB) levels and provides alerts when price breaks above or below the range. It is designed for intraday trading and resets daily. How It Works: The ORB time in settings should be set to 15 minutes. The Session Time should be set to 09:30 - 09:45. The script marks the high and low of the ORB period and tracks price action for breakouts. Alerts trigger when price crosses above the ORB high or below the ORB low. This tool helps traders identify breakout opportunities based on early price action, aiding in momentum-based strategies
Pine Script® göstergesi
samb817 tarafından
RSI Failure Swing Pattern (with Alerts & Targets)RSI Failure Swing Pattern Indicator – Detailed Description Overview The RSI Failure Swing Pattern Indicator is a trend reversal detection tool based on the principles of failure swings in the Relative Strength Index (RSI). This indicator identifies key reversal signals by analyzing RSI swings and confirming trend shifts using predefined overbought and oversold conditions. Failure swing patterns are one of the strongest RSI-based reversal signals, initially introduced by J. Welles Wilder. This indicator detects these patterns and provides clear buy/sell signals with labeled entry, stop-loss, and profit target levels. The tool is designed to work across all timeframes and assets. How the Indicator Works The RSI Failure Swing Pattern consists of two key structures: 1. Bullish Failure Swing (Buy Signal) Occurs when RSI enters oversold territory (below 30), recovers, forms a higher low above the oversold level, and finally breaks above the intermediate swing high in RSI. Step 1: RSI dips below 30 (oversold condition). Step 2: RSI rebounds and forms a local peak. Step 3: RSI retraces but does not go below the previous low (higher low confirmation). Step 4: RSI breaks above the previous peak, confirming a bullish trend reversal. Buy signal is triggered at the breakout above the RSI peak. 2. Bearish Failure Swing (Sell Signal) Occurs when RSI enters overbought territory (above 70), declines, forms a lower high below the overbought level, and then breaks below the intermediate swing low in RSI. Step 1: RSI rises above 70 (overbought condition). Step 2: RSI declines and forms a local trough. Step 3: RSI bounces but fails to exceed the previous high (lower high confirmation). Step 4: RSI breaks below the previous trough, confirming a bearish trend reversal. Sell signal is triggered at the breakdown below the RSI trough. Features of the Indicator Custom RSI Settings: Adjustable RSI length (default 14), overbought/oversold levels. Buy & Sell Signals: Buy/sell signals are plotted directly on the price chart. Entry, Stop-Loss, and Profit Targets: Entry: Price at the breakout of the RSI failure swing pattern. Stop-Loss: Lowest low (for buy) or highest high (for sell) of the previous two bars. Profit Targets: Two levels calculated based on Risk-Reward ratios (1:1 and 1:2 by default, customizable). Labeled Price Levels: Entry Price Line (Blue): Marks the point of trade entry. Stop-Loss Line (Red): Shows the calculated stop-loss level. Target 1 Line (Orange): Profit target at 1:1 risk-reward ratio. Target 2 Line (Green): Profit target at 1:2 risk-reward ratio. Alerts for Trade Execution: Buy/Sell signals trigger alerts for real-time notifications. Alerts fire when price reaches stop-loss or profit targets. Works on Any Timeframe & Asset: Suitable for stocks, forex, crypto, indices, and commodities. Why Use This Indicator? Highly Reliable Reversal Signals: Unlike simple RSI overbought/oversold strategies, failure swings filter out false breakouts and provide strong confirmation of trend reversals. Risk Management Built-In: Stop-loss and take-profit levels are automatically set based on historical price action and risk-reward considerations. Easy-to-Use Visualization: Clearly marked entry, stop-loss, and profit target levels make it beginner-friendly while still being valuable for experienced traders. How to Trade with the Indicator Buy Trade Example (Bullish Failure Swing) RSI drops below 30 and recovers. RSI forms a higher low and then breaks above the previous peak. Entry: Buy when RSI crosses above its previous peak. Stop-Loss: Set below the lowest low of the previous two candles. Profit Targets: Target 1 (1:1 Risk-Reward Ratio) Target 2 (1:2 Risk-Reward Ratio) Sell Trade Example (Bearish Failure Swing) RSI rises above 70 and then declines. RSI forms a lower high and then breaks below the previous trough. Entry: Sell when RSI crosses below its previous trough. Stop-Loss: Set above the highest high of the previous two candles. Profit Targets: Target 1 (1:1 Risk-Reward Ratio) Target 2 (1:2 Risk-Reward Ratio) Final Thoughts The RSI Failure Swing Pattern Indicator is a powerful tool for traders looking to identify high-probability trend reversals. By using the RSI failure swing concept along with built-in risk management tools, this indicator provides a structured approach to trading with clear entry and exit points. Whether you’re a day trader, swing trader, or long-term investor, this indicator helps in capturing momentum shifts while minimizing risk. Would you like any modifications or additional features? 🚀
Pine Script® göstergesi
walidelhelw tarafından
FuTech : MACD Crossovers Advanced Alert Lines============================================================= Indicator : FuTech: MACD Crossovers Advanced Alert Lines Overview: The "FuTech: MACD Crossovers Advanced Alert Lines" indicator is designed to assist traders in identifying key technical patterns using the :- 1. MACD (Moving Average Convergence Divergence) and 2. Golden/Death Crossovers By visualizing these indicators directly on the chart with advanced lines, it helps traders make more informed decisions on when to enter or exit trades. ============================================================= Key Features of "FuTech: MACD Crossovers Advanced Alert Lines": 1. MACD Crossovers: a) The MACD is one of the most widely used indicators for identifying momentum shifts and potential buy/sell signals. This indicator plots vertical lines on the chart whenever the MACD line crosses the signal line. b) Upward Crossover (Bullish Signal) : When the MACD line crosses above the signal line, a green vertical line will appear, indicating a potential buying opportunity. c) Downward Crossover (Bearish Signal) : When the MACD line crosses below the signal line, a red vertical line will appear, signaling a potential selling opportunity. 2. Golden Cross & Death Cross: a) The Golden Cross occurs when the price moves above a long-term moving average (like the 50-day moving average), signaling a potential upward trend. b) The Death Cross occurs when the price moves below a long-term moving average, signaling a potential downward trend. c) These crossovers are displayed with customizable lines on the chart to easily spot when the market is shifting direction. d) Golden Cross (Bullish Signal) : A blue vertical line appears when the price crosses above the selected long-term moving average. e) Death Cross (Bearish Signal) : A purple vertical line appears when the price crosses below the selected long-term moving average. ============================================================= Customization Options: This indicator offers several customization options to suit your trading preferences: 1) MACD Settings: a) Choose between different moving average types (EMA, SMA, or VWMA) for calculating the MACD. b) Adjust the lengths of the fast, slow, and signal MACD periods. c) Control the width and color of the vertical lines drawn on the chart for both up and down crossovers. 2) Golden Cross / Death Cross Settings: a) Select the moving average type for the Golden Cross / Death Cross (EMA, SMA, or VWMA). b) Define the lookback period for calculating the Golden Cross / Death Cross. c) Customize the appearance of the Golden and Death Cross lines, including their width and color. You can use both as well as either of the MACD lines or Golden Crossover / Death Crossover Lines respectively as per your trading strategies ============================================================= How "FuTech: MACD Crossovers Advanced Alert Lines" indicator Works: a) The indicator monitors the price and calculates the MACD and Golden/Death Crosses. b) When the MACD line crosses above or below the signal line, or when the price crosses above or below the long-term moving average, it plots a vertical line on the chart. c) These lines help traders quickly spot potential turning points in the market, providing clear signals to act upon. ============================================================= Use Case: a) Swing Traders: The indicator is useful for spotting momentum shifts and trend reversals, helping you time entries and exits for short- to medium-term trades. b) Long-Term Traders: The Golden and Death Cross signals help identify major trend changes, giving insights into potential market shifts. ============================================================= Why Use This "FuTech: MACD Crossovers Advanced Alert Lines" Indicator ? a) Clear Visuals : The vertical lines provide clear and easy-to-spot signals for MACD crossovers and Golden/Death Crosses. b) Customizable : Adjust settings for your personal trading strategy, whether you're focusing on short-term momentum or long-term trend shifts. c) Supports Decision Making : With its advanced line plotting and customizable features, this indicator helps you make quicker and more informed trading decisions. ============================================================= How to Use: a) MACD Crossovers: Look for green lines to signal potential buying opportunities (when the MACD line crosses above the signal line) and red lines for selling opportunities (when the MACD line crosses below the signal line). b) Golden Cross / Death Cross: Use the blue lines to confirm when a positive trend may begin (Golden Cross) and purple lines to warn when a negative trend may start (Death Cross). ============================================================= Conclusion: "FuTech: MACD Crossovers Advanced Alert Lines" indicator combines two powerful technical analysis tools, the MACD and Golden/Death Crosses, to provide clear, actionable signals on your chart. By customizing the appearance of these signals and combining them with your trading strategy, you can enhance your decision-making process and improve your trading outcomes. ============================================================= Thank you ! Jai Swaminarayan Dasna Das ! He Hari ! Bas Ek Tu Raji Tha ! =============================================================
Pine Script® göstergesi
Atmiya_aatubhai tarafından
Z Value AlertZ Value Alert analyzes daily price movements by evaluating fluctuations relative to historical volatility. It calculates the daily percentage change in the closing price, the average of this change over 252 days, and the standard deviation. Using these values, a Z-Score is calculated, indicating how much the current price change deviates from the historical range of fluctuations. The user can set a threshold in standard deviations (Z-Score). When the absolute Z-Score exceeds this threshold, a significant movement is detected, indicating increased volatility. The Z-Score is visualized as a histogram, and an alert can be triggered when a significant movement occurs. The number of trading days used to calculate historical volatility is adjustable, allowing the Sigma Move Alert to be tailored to various trading strategies and analysis periods. Additionally, a dropdown option for the calculation method is available in the input menu, allowing the user to select between: Normal: Calculates the percentage change in closing prices without using the logarithm. Logarithmic: Uses the natural logarithm of daily returns. This method is particularly suitable for longer timeframes and scientific analyses, as logarithmic returns are additive. These comprehensive features allow for precise customization of the Sigma Move Alert to individual needs and specific market conditions.
Pine Script® göstergesi
BennettHeitjan tarafından
MA Touch Alert SystemThis is a alert system This Pine Script creates an alert system in TradingView to notify you whenever the price touches a specified moving average. With adjustable settings, you can set your preferred moving average period, such as 50 or 200. The script calculates this moving average and triggers an alert if the price crosses it from above or below, enabling you to stay informed about important trend reversals. A visual on-chart label marks these points, and the alert condition ensures you receive notifications through TradingView. Perfect for traders looking to automate key level monitoring, this script supports trend-following and reversal strategies.
Pine Script® göstergesi
mavericktrades05 tarafından
Order Block Overlapping Drawing [TradingFinder]🔵 Introduction Technical analysis is a fundamental tool in financial markets, helping traders identify key areas on price charts to make informed trading decisions. The ICT (Inner Circle Trader) style, developed by Michael Huddleston, is one of the most advanced methods in this field. It enables traders to precisely identify and exploit critical zones such as Order Blocks, Breaker Blocks, Fair Value Gaps (FVGs), and Inversion Fair Value Gaps (IFVGs). To streamline and simplify the use of these key areas, a library has been developed in Pine Script, the scripting language for the TradingView platform. This library allows you to automatically detect overlapping zones between Order Blocks and other similar areas, and visually display them on your chart. This tool is particularly useful for creating indicators like Balanced Price Range (BPR) and ICT Unicorn Model. 🔵 How to Use This section explains how to use the Pine Script library. This library assists you in easily identifying and analyzing overlapping areas between Order Blocks and other zones, such as Breaker Blocks and Fair Value Gaps. To add "Order Block Overlapping Drawing", you must first add the following code to your script. import TFlab/OrderBlockOverlappingDrawing/1 🟣 Inputs The library includes the "OBOverlappingDrawing" function, which you can use to detect and display overlapping zones. This function identifies and draws overlapping zones based on the Order Block type, trigger conditions, previous and current prices, and other relevant parameters. 🟣 Parameters OBOverlappingDrawing(OBType , TriggerConditionOrigin, distalPrice_Pre, proximalPrice_Pre , distalPrice_Curr, proximalPrice_Curr, Index_Curr , OBValidGlobal, OBValidDis, MitigationLvL, ShowAll, Show, ColorZone) => OBType (string) TriggerConditionOrigin (bool) distalPrice_Pre (float) proximalPrice_Pre (float) distalPrice_Curr (float) proximalPrice_Curr (float) Index_Curr (int) OBValidGlobal (bool) OBValidDis (int) MitigationLvL (string) ShowAll (bool) Show (bool) ColorZone (color) In this example, various parameters are defined to detect overlapping zones and draw them on the chart. Based on these settings, the overlapping areas will be automatically drawn on the chart. OBType : All order blocks are summarized into two types: "Supply" and "Demand." You should input your Current order block type in this parameter. Enter "Demand" for drawing demand zones and "Supply" for drawing supply zones. TriggerConditionOrigin : Input the condition under which you want the Current order block to be drawn in this parameter. distalPrice_Pre : Generally, if each zone is formed by two lines, the farthest line from the price is termed Pervious "Distal." This input receives the price of the "Distal" line. proximalPrice_Pre : Generally, if each zone is formed by two lines, the nearest line to the price is termed Previous "Proximal" line. distalPrice_Curr : Generally, if each zone is formed by two lines, the farthest line from the price is termed Current "Distal." This input receives the price of the "Distal" line. proximalPrice_Curr : Generally, if each zone is formed by two lines, the nearest line to the price is termed Current "Proximal" line. Index_Curr : This input receives the value of the "bar_index" at the beginning of the order block. You should store the "bar_index" value at the occurrence of the condition for the Current order block to be drawn and input it here. OBValidGlobal : This parameter is a boolean in which you can enter the condition that you want to execute to stop drawing the block order. If you do not have a special condition, you should set it to True. OBValidDis : Order blocks continue to be drawn until a new order block is drawn or the order block is "Mitigate." You can specify how many candles after their initiation order blocks should continue. If you want no limitation, enter the number 4998. MitigationLvL : This parameter is a string. Its inputs are one of "Proximal", "Distal" or "50 % OB" modes, which you can enter according to your needs. The "50 % OB" line is the middle line between distal and proximal. ShowAll : This is a boolean parameter, if it is "true" the entire order of blocks will be displayed, and if it is "false" only the last block order will be displayed. Show : You may need to manage whether to display or hide order blocks. When this input is "On", order blocks are displayed, and when it's "Off", order blocks are not displayed. ColorZone : You can input your preferred color for drawing order blocks. 🟣 Output Mitigation Alerts : This library allows you to leverage Mitigation Alerts to detect specific conditions that could lead to trend reversals. These alerts help you react promptly in your trades, ensuring better management of market shifts. 🔵 Conclusion The Pine Script library provided is a powerful tool for technical analysis, especially in the ICT style. It enables you to detect overlapping zones between Order Blocks and other significant areas like Breaker Blocks and Fair Value Gaps, improving your trading strategies. By utilizing this tool, you can perform more precise analysis and manage risks effectively in your trades.
Pine Script® kütüphanesi
TFlab tarafından
2