Supertrend ++Supertrend ++ is an HTF (HigherTimeFrame) Supertrend with an optional Volume Filter with adjustable value in the Settings.
Signals are represented by Green Labels (Buy) to indicate a Long Entry or Red Labels (Sell) to indicate a Short Entry.
Note that the script does not Repaint and that you have the option of placing a single Alert for the two available Alerts.
Always use the option "Once per bar" and not "Once per bar close" when placing an Alert of individual type.
If you have any suggestions or need help, please let us know in the comment area.
Good Trade everyone and remember, Risk Management remains the most important.
Komut dosyalarını "entry" için ara
Pin Bar CandlesPinbar Identification.
One must apply Fibonacchi extension 0,0.5,1,2, 3, 4.
0 being SL
1 Being Entry
0.5 Being 2nd Entry.
4 Being target.
Use this to enter trade near crucial levels only.
LBR 3-10 OscillatorThis is a variation of MACD popularised by Linda Bradford Raschke. Instead of the regular MACD settings, the this indicator uses simple moving averages, not exponential moving averages, and a setting of 3 for the fast MA, 10 for the slow MA and 16 for the signal line.
The signal line (red) acts as a trend indicator, with crossings of the zero line indicating trend changes, while the MACD line (blue) acts as a short term momentum indicator.
Setups:
- First cross: This is basically selling or buying at the first pullback after a trend change. Buy or sell after the signal line has crossed the zero line and the MACD crosses the signal line for the first time after the trend change. Use price action to time the entry after the pullback — you don't need to wait for the MACD to cross the signal line again.
- Pullback in a trend: The MACD crosses the signal line in the opposite direction of the trend irregardless of when the trend change occurred. Use price action to time the entry.
- Divergence: The MACD line shows a pattern diverging form price (e.g. makes higher lows whereas price makes lower lows). This can be an indication of trend reversal or waning.
In the indicator's input panel there is an option for showing standard deviation bands (turned off by default). MACD line crossing the standard deviation bands can indicate oversold and overbought conditions.
The indicator comes with the following alerts:
- First cross downtrend
- First cross uptrend
- Pullback in downtrend
- Pullback in uptrend
- Trend change down
- Trend change up
Sources:
lindaraschke.net
www.netpicks.com
Original Bravo SwingThe Bravo Swing is based on the methods taught by YouTube celebrity J Bravo.
It uses the 9 day moving average as a base for selecting optimal entry and exit points.
Buy indicator:
A full candle closing above the 9 day moving average generally indicates a bullish signal for an entry.
If conditions are right, this can be seen as a great opportunity to buy.
Sell indicator:
If the candles continue to close above the 9 day moving average, the trend appears to remain bullish.
However, an exit is to be considered once a candle closes below the 9 day moving average, as this indicates a bearish signal may be approaching.
If you you're feeling confident about the uptrend continuing and choose to ignore the exit signal, a candle close below the 20 day exponential moving average should be used as a definite exit point.
Options:
Color code option to display the 180 day moving average in gray during downtrends and white during an uptrend.
The 50 day moving average can be turned on to help better visualize conflicting trends.
Histogram - Price Action - Dy CalculatorThis script aims to help users of Price Action robot, for Smarttbot (brazilian site that automates Brazilian market (B3)).
You can use on any symbol.
The script will follow price action principles. It will calculate the absolute value of last candle and compare with actual candle. Colors are:
- Red - If the actual candle absolute value is higher than previous one, and the price is lower than last candle. It would be a short entry.
- Blue - If the actual candle absolute value is higher than previous one, and the price is higher than last candle. It would be a long entry.
- Black - The actual candle absolute value is lower than previous one, so there is no entry.
If there is a candle that is higher than previous one, and both high and low values are outside boundaries of previous one, it will calculate which boundary is bigger and will apply the collor accordingly.
Average True Range BandsAverage True Range Bands
The 30-day Average True Range is useful in Futures and Forex trading for placing stop orders for entry.
In the example above, a trader may want to initiate a Short position on a break below the support trendline.
A good place to enter this trade would be a price break below the support trendline minus 50 to 100% of the current ATR value.
ATR Bands provides a useful visual overlay of the current ATR value above and below the current price to speed up order entry decisions.
Study for Squeeze Momentum Indicator [LazyBear]This study is based on LazyBear Squeeze Momentum Indicator and my strategy developed using it.
I added some custom feature and filters.
Main improvements are:
1- study is updated to version 4 of pine script;
2- I added alerts for entry rules and exit rules.
3- Alert syntax can be customized for webhooks: I added one example only for long entry.
You can customize a lot of features to get a profitable strategy.
Here is a link to original study.
Please use comment section for any feedback.
DW-RSI EMA with EMA of RSIThis is an RSI Oscillator with an EMA of the RSI for a signal line. The RSI line is Green when above the signal line and Red when below the signal line.
This does not use the traditional 30% / 70% over sold / over bought analysis. Therefore the levels are not shown.
The analysis is this:
When the RSI is above the signal line then price has a bullish bias.
When the RSI is below the signal line then price has a bearish bias.
I wrote use this for Forex Spot Currencies where I feel overbought and oversold may be less valid than it may be in other markets such as stocks.
As with all indicators, do not use as your sole reason to enter the market, but use with other indicators or price action signals to get a confluence of signals to confirm your entry.
I use it with an 8, 21 and 50 EMA to confirm entry and exit. I give it more weight for exits than I do for entries.
PPO Divergence and Aggregate Signal ComboThis is a further development of the last two posts on aggregated signal generation. It shows how to implement the idea in conjunction with another indicator. In this case general rule for long and short entry: the aggregated curve (gray) must cross the mid-line. Colored columns serve as an early warning. Settings were tested with EURUSD in 5m, 30m and 1H TFs.
On Balance Volume +This is the standard On Balance Volume indicator, with the addition of four things:
10-SMA
20-SMA
100-SMA
Bollinger Bands
I have found intriguing and surprising results with this indicator.
I often see OBV bouncing off of the Moving Average lines, much like support and resistance points.
More interesting is the fact that it "obeys" the bollinger bands. Often times, if OBV sneaks outside of the Bollinger Band, it will almost always correct and get back in the next day.
I would recommend that you find your own method, and PLEASE post in the comments as to how you use this, but I'll tell you
How I use this indicator:
I usually use this on the daily view. I tend to wait until OBV has moved above the red 20-Day SMA before considering an entry. Below that doesn't show enough positive volume for me to identify enough interest in the security. Once it breaks the red SMA, I'll look at other indicators for confirmation. If price is above the Bollinger Band up above, and my OBV is above Bollinger Band, I will not buy. Also, if MACD is dropping, or if the Stochastic RSI is pegged out in overbought land, I won't buy that either.
If, however, I'm seeing good stuff from Stochastic RSI, RSI, MACD, and price BB, then I'll take a long entry at that OBV + 20SMA crossover.
If I'm in a long position and I see a few signals like the OBV is above the BB, and price is above BB, and StochRSI or RSI are in/near overbought land, I'll often sell that day, expecting a pullback on price.
I really like this one, it's been quite helpful in my trading. This is my first venture into using Volume for trading, and it's been good so far.
Leave me a note in the comments to tell me how it goes and how you use this thing!
Ichimoku-Hausky_v2.1Made a little update to my trading system. This system is made so that you can easily follow the trend and know when to get out. You still have to know basic market structure to find a good entry.
NB!! I see that i placed the entry wrong on the example, you have too wait for the EMA to go below the MA :)
I have posted the right one at the bottom.
Take profit can be set at last low or you can use trail stop on the EMA, MA, Kijun-sen or Tenkan-sen.
Example rules:
Buy:
IF Market is in a trend or are possibly close to break out of range
THEN see if price has closed above cloud
IF price has closed above cloud
THEN see if EMA has crossed above MA
IF EMA has crossed above MA
THEN buy or wait for pullback
Sell:
IF Market is in a trend or are possibly close to break out of range
THEN see if price has closed below cloud
IF price has closed below cloud
THEN see if EMA has crossed below MA
IF EMA has crossed below MA
THEN buy or wait for pullback
Vervoort Heiken-Ashi LongTerm Candlestick Oscillator [LazyBear]HACOLT (Heikin Ashi Candles Oscillator Long Term) is a technical indicator designed by Sylvain Vervoort. It is based on Mr.Vervoort's other indicator, HACO (Heikin-Ashi Candles Oscillator - posted here: ).
Optimized for long-term trading, HACOLT shows three levels: -1, 0 and 1. These levels suggest "an open short position", "no open position", and "an open long position", respectively. Passing from a certain level to another is viewed as a trading signal:
- Rising from -1 or 0 to 1 suggests a Long Entry and Short exit;
- Falling from 1 to 0 or -1 suggests a Long Exit;
- Falling from 1 or 0 to -1 indicates a Short Entry.
Fits in nicely with any trading setup as a confirmation indicator
More info:
- tlc.thinkorswim.com
- www.motivewave.com
List of my other indicators:
- GDoc: docs.google.com
- Chart:
LANZ Strategy 2.0🔷 LANZ Strategy 2.0 — London Breakout Confirmation with Structural Swing Protection
LANZ Strategy 2.0 is a structured trading system that leverages the last confirmed market direction before the London session to define directional bias and manage trades based on key structural swing levels. It is tailored for intraday traders looking to capitalize on early London volatility with built-in risk management and visual clarity.
🧠 Core Components:
Directional Confirmation (Pre-London Bias): Validates the last breakout or structural move from the 15-minute timeframe before 02:15 a.m. New York time (start of the London session), establishing the expected market direction.
Time-Based Execution: Executes potential entries strictly at 02:15 a.m. NY time, using market structure to support Long or Short bias.
Dynamic Swing-Based SL System: Allows user to select between three SL protection models: First Swing (most recent structural point) Second Swing (prior level) Total Coverage (includes both swings + extra buffer) This supports flexibility based on trader profile or market conditions.
Visual Risk Mapping: All SL and TP levels are clearly plotted.
End-of-Session Management: Positions are automatically evaluated for closure at 11:45 a.m. NY time. SL, TP, or manual close outcomes are labeled accordingly.
📊 Visual Features:
Labels for 1st and 2nd swing levels upon entry.
Dynamic lines projecting SL/TP levels toward the end of the session.
Session background coloring for Pre-London, Execution, and NY sessions.
Real-time percentage outcome labels (+2.00%, -1.00%, or net % at session end).
Automatic deletion of previous visuals on new entries for clean charting.
⚙️ How It Works:
Detects last structural breakout on the 15m timeframe before 02:15 a.m. NY.
On the 02:15 a.m. candle, executes a Long or Short logic entry.
Plots corresponding SL and TP based on selected swing model.
Monitors price action: If TP or SL is hit, labels it accordingly. If no exit is hit, trade closes manually at 11:45 a.m. NY with net result shown.
Optional logic to reverse entries if market structure breaks before execution.
🔔 Alerts:
Daily execution alert at 02:15 a.m. NY (prompting manual review or action).
Optional alert logic can be extended for SL/TP hits or structure breaks.
📝 Notes:
Designed for semi-automated or discretionary intraday trading.
Best used on Forex pairs or indices with strong London session behavior.
Adjustable parameters include session hours, swing SL type, and buffer settings.
Credits:
Developed by LANZ, this script combines time-based execution with dynamic structure protection, offering a disciplined framework for participating in the London session breakout with clear visuals and risk logic.
Price Lag Factor (PLF)📊 Price Lag Factor (PLF) for Crypto Traders: A Comprehensive Breakdown
The Price Lag Factor (PLF) is a momentum indicator designed to identify overextended price movements and gauge market momentum. It is particularly optimized for the crypto market, which is known for its high volatility and rapid trend shifts.
🔎 What is the Price Lag Factor (PLF)?
The PLF measures the difference between long-term and short-term price momentum and scales it dynamically based on recent volatility. This helps traders identify when the market might be overbought or oversold while filtering out noise.
The formula used in the PLF calculation is:
PLF = (Z-Long - Z-Short) / Stdev(PLF)
Where:
Z-long: Z-score of the long-term moving average (50-period by default).
Z-short: Z-score of the short-term moving average (14-period by default).
Stdev(PLF): Standard deviation of the PLF over a longer period (50-period by default).
🧠 How to Interpret the PLF:
1. Trend Direction:
Positive PLF (Green Bars): Indicates bullish momentum. The long-term trend is up, and short-term movements are confirming it.
Negative PLF (Red Bars): Indicates bearish momentum. The long-term trend is down, and short-term movements are consistent with it.
2. Momentum Strength:
PLF near Zero (±0.5): Low momentum; trend direction is not strong.
PLF between ±1 and ±2: Moderate momentum, indicating that the market is moving with strength but not in an overextended state.
PLF beyond ±2: High momentum (overbought/oversold), indicating potential trend exhaustion and a possible reversal.
📈 Trading Strategies:
1. Trend Following:
Bullish Signal:
Enter long when PLF crosses above 0 and remains green.
Confirm with other indicators like RSI or MACD to reduce false signals.
Bearish Signal:
Enter short when PLF crosses below 0 and remains red.
Use trend confirmation (e.g., moving average crossover) for better accuracy.
2. Reversal Trading:
Overbought Signal:
If PLF rises above +2, look for signs of bearish divergence or a reversal pattern to consider a short entry.
Oversold Signal:
If PLF falls below -2, watch for bullish divergence or a support bounce to consider a long entry.
3. Momentum Divergence:
Bullish Divergence:
Price makes a lower low while PLF makes a higher low.
Indicates weakening bearish momentum and a potential bullish reversal.
Bearish Divergence:
Price makes a higher high while PLF makes a lower high.
Signals weakening bullish momentum and a potential bearish reversal.
💡 Best Practices:
Combine with Volume:
Volume spikes during high PLF readings can confirm trend continuation.
Low volume during PLF extremes may hint at false breakouts.
Watch for Extreme Levels:
PLF beyond ±2 suggests overextended price action. Use caution when entering new positions.
Confirm with Other Indicators:
Use with Relative Strength Index (RSI) or Bollinger Bands to get a better sense of overbought/oversold conditions.
Overlay with a moving average to gauge trend consistency.
🚀 Why the PLF Works for Crypto:
Crypto markets are highly volatile and prone to rapid trend changes. The PLF's adaptive scaling ensures it remains relevant regardless of market conditions.
It highlights momentum shifts more accurately than static indicators because it accounts for changing volatility in its calculation.
🚨 Disclaimer for Traders Using the Price Lag Factor (PLF) Indicator:
The Price Lag Factor (PLF) indicator is designed as a technical analysis tool to gauge momentum and identify potential overbought or oversold conditions. However, it should not be relied upon as a sole decision-making factor for trading or investing.
Important Points to Consider:
Market Risk: Trading cryptocurrencies and other financial assets involves significant risk. The PLF may not accurately predict future price movements, especially during unexpected market events.
Indicator Limitations: No technical indicator, including the PLF, is infallible. False signals can occur, particularly in low-volume or highly volatile conditions.
Supplementary Analysis: Always combine PLF insights with other technical indicators, fundamental analysis, and risk management strategies to make informed decisions.
Personal Judgment: Traders should use their own discretion when interpreting PLF signals and never trade based solely on this indicator.
No Guarantees: The PLF is designed for educational and informational purposes only. Past performance is not indicative of future results.
Always perform thorough research and consider consulting with a professional financial advisor before making any trading decisions.
TrendCraft ICT SwiftEdge// The TrendCraft ICT SwiftEdge is a trend-following indicator that combines Simple Moving Averages (SMAs) with Inner Circle Trader (ICT) concepts, specifically Break of Structure (BOS) and Market Structure Shift (MSS), to generate precise buy and sell signals. This unique mashup leverages the strengths of trend confirmation through SMAs and market structure analysis via ICT to help traders identify high-probability trend entries. The indicator is designed to be intuitive, customizable, and suitable for traders of all levels seeking to align with market trends on various timeframes.
//
// ### What It Does
// The indicator plots two SMAs based on the high and low prices of candles to define the trend direction. It colors the SMAs and fills the area between them to visually indicate whether the price is in a bullish (above both SMAs), bearish (below both SMAs), or neutral (between SMAs) state. Simultaneously, it identifies BOS and MSS levels on a user-defined higher timeframe to confirm trend continuation or reversal points. Buy and sell signals are generated when the price closes above/below the latest BOS or MSS level (based on user preference) while also being correctly positioned relative to the SMAs, ensuring alignment with the trend.
//
// ### Why Combine SMAs and ICT?
// SMAs provide a reliable way to gauge trend direction by smoothing price data, but they can lag or generate false signals in choppy markets. ICT's BOS and MSS concepts address this by focusing on key market structure breaks, offering context for significant price movements. By requiring price to close beyond a BOS or MSS level and align with the SMA-defined trend, the TrendCraft ICT SwiftEdge filters out noise and enhances signal reliability. This combination creates a robust system that balances trend-following simplicity with structural market insights, making it ideal for trend traders.
//
// ### How to Use
// 1. **SMA Length**: Adjust the `SMA Length` (default: 20) to control the sensitivity of the SMAs. Shorter lengths react faster to price changes, while longer lengths provide smoother trends.
// 2. **Structure Timeframe**: Set the `Structure Timeframe` to a higher timeframe (e.g., "1H" on a 15M chart) to calculate BOS and MSS levels. This ensures structural signals are based on significant market moves.
// 3. **Chart Timeframe**: Select the `Chart Timeframe` to optimize pivot point calculations for your current chart (e.g., "30M" for a 30-minute chart).
// 4. **Signal Type**: Choose between "BOS" (default) for signals based on trend continuation breaks or "MSS" for signals based on potential reversal points (breakers).
// 5. **Display Options**: Enable/disable `Show Continuation (BOS)` and `Show Breaker (MSS)` to toggle the visibility of BOS and MSS lines. Customize their colors for better chart clarity.
//
// ### Signals
// - **Buy Signal**: Appears when the close price crosses above the latest BOS or MSS level (based on Signal Type) and is above both SMAs, indicating a bullish trend entry. Marked with a green "Buy" label.
// - **Sell Signal**: Appears when the close price crosses below the latest BOS or MSS level (based on Signal Type) and is below both SMAs, indicating a bearish trend entry. Marked with a red "Sell" label.
//
// ### Originality
// The TrendCraft ICT SwiftEdge stands out by integrating the trend-following reliability of SMAs with the structural precision of ICT's BOS and MSS. Unlike standalone SMA or ICT indicators, this script requires both trend alignment and structural confirmation, reducing false signals. The user-selectable Signal Type (BOS or MSS) adds versatility, allowing traders to adapt the indicator to trend-following or counter-trend strategies. Its dynamic timeframe adjustments and visual clarity make it a unique tool for traders seeking to capture trend entries with confidence.
//
// ### Notes
// - Ensure the `Structure Timeframe` is higher than your chart timeframe to avoid calculation issues.
// - Signals are generated only when the trend state changes to avoid redundant signals in the same trend direction.
// - Past performance is not indicative of future results. Always combine this indicator with other analysis and risk management techniques.
Reversal + Confirm ZonesThis script is written in Pine Script (version 5) for TradingView and creates an indicator called **"Reversal + Confirm Zones"**. It overlays visual zones on a price chart to identify potential reversal points and confirmation signals for trading. The indicator combines **Bollinger Bands** and **RSI** to detect overbought/oversold conditions (reversal zones) and uses **EMA crosses** and **MACD zero-line crosses** to confirm bullish or bearish trends. Below is a detailed explanation:
---
### **1. Purpose**
- The script highlights:
- **Reversal Zones**: Areas where the price might reverse due to being overbought (green) or oversold (red).
- **Confirmation Zones**: Areas where a trend reversal is confirmed using EMA and MACD signals (green for bullish, red for bearish).
- It provides visual backgrounds and alerts to assist traders in spotting potential trade setups.
---
### **2. Components**
The script is divided into two main parts: **Reversal Logic** and **Confirmation Logic**.
---
### **3. Reversal Logic (Red & Green Zones)**
#### **Bollinger Bands**
- **Parameters**:
- Length: 20 periods.
- Source: Closing price (`close`).
- Multiplier: 2.0 (standard deviations).
- **Calculation**:
- `basis`: 20-period Simple Moving Average (SMA).
- `dev`: 2 times the standard deviation of the price over 20 periods.
- `upper`: `basis + dev` (upper band).
- `lower`: `basis - dev` (lower band).
- **Purpose**: Identifies when the price moves outside the normal range (beyond 2 standard deviations).
#### **Relative Strength Index (RSI)**
- **Parameters**:
- Length: 14 periods.
- Low Threshold: 30 (oversold).
- High Threshold: 70 (overbought).
- **Calculation**: `rsiValue = ta.rsi(close, rsiLength)`.
- **Purpose**: Measures momentum to confirm overbought or oversold conditions.
#### **Zone Conditions**
- **Red Zone (Oversold)**:
- Condition: `close < lower` (price below lower Bollinger Band) AND `rsiValue < rsiLowThreshold` (RSI < 30).
- Visual: Light red background (`color.new(color.red, 80)`).
- Alert: "Deep Oversold Signal triggered!".
- **Green Zone (Overbought)**:
- Condition: `close > upper` (price above upper Bollinger Band) AND `rsiValue > rsiHighThreshold` (RSI > 70).
- Visual: Light green background (`color.new(color.green, 80)`).
- Alert: "Deep Overbought Signal triggered!".
#### **Interpretation**
- Red Zone: Suggests the price is oversold and may reverse upward.
- Green Zone: Suggests the price is overbought and may reverse downward.
---
### **4. Confirmation Logic (EMA and MACD Crosses)**
#### **Exponential Moving Averages (EMAs)**
- **Parameters**:
- Short EMA Length: 9 periods (user adjustable).
- Long EMA Length: 21 periods (user adjustable).
- **Calculation**:
- `emaShort = ta.ema(close, emaShortLength)`.
- `emaLong = ta.ema(close, emaLongLength)`.
- **Conditions**:
- **Bullish EMA Cross**: `emaCrossBullish = ta.crossover(emaShort, emaLong)` (9 EMA crosses above 21 EMA).
- **Bearish EMA Cross**: `emaCrossBearish = ta.crossunder(emaShort, emaLong)` (9 EMA crosses below 21 EMA).
#### **MACD**
- **Parameters**:
- Fast Length: 12 periods (user adjustable).
- Slow Length: 26 periods (user adjustable).
- Signal Smoothing: 9 periods (user adjustable).
- **Calculation**:
- ` = ta.macd(close, macdFastLength, macdSlowLength, macdSignalSmoothing)`.
- Only the MACD line and signal line are used; the histogram is ignored (`_`).
- **Conditions**:
- **Bullish MACD Cross**: `macdCrossBullish = ta.crossover(macdLine, 0)` (MACD crosses above zero).
- **Bearish MACD Cross**: `macdCrossBearish = ta.crossunder(macdLine, 0)` (MACD crosses below zero).
#### **Combined Confirmation Conditions**
- **Bullish Confirmation**:
- Condition: `bullishConfirmation = emaCrossBullish and macdCrossBullish`.
- Visual: Very light green background (`color.new(color.green, 90)`).
- Meaning: A bullish trend is confirmed when the 9 EMA crosses above the 21 EMA AND the MACD crosses above zero.
- **Bearish Confirmation**:
- Condition: `bearishConfirmation = emaCrossBearish and macdCrossBearish`.
- Visual: Very light red background (`color.new(color.red, 90)`).
- Meaning: A bearish trend is confirmed when the 9 EMA crosses below the 21 EMA AND the MACD crosses below zero.
---
### **5. Visual Outputs**
- **Reversal Zones**:
- Red background for oversold conditions.
- Green background for overbought conditions.
- **Confirmation Zones**:
- Light green background for bullish confirmation.
- Light red background for bearish confirmation.
- Note: The script does not plot the Bollinger Bands, EMAs, or MACD lines—only the background zones are visualized.
---
### **6. Alerts**
- **Deep Oversold Alert**: Triggers when the red zone condition is met.
- **Deep Overbought Alert**: Triggers when the green zone condition is met.
- No alerts are set for the confirmation zones (EMA/MACD crosses).
---
### **7. How It Works**
1. **Reversal Detection**:
- The script uses Bollinger Bands and RSI to flag extreme price levels (red for oversold, green for overbought).
- These zones suggest potential reversals but are not confirmed yet.
2. **Trend Confirmation**:
- EMA crosses (9/21) and MACD zero-line crosses provide confirmation of a trend direction.
- Bullish confirmation (green) occurs when both indicators align upward.
- Bearish confirmation (red) occurs when both indicators align downward.
3. **Trading Strategy**:
- Look for a red zone (oversold) followed by a bullish confirmation for a potential long entry.
- Look for a green zone (overbought) followed by a bearish confirmation for a potential short entry.
---
### **8. How to Use**
1. Add the script to TradingView.
2. Adjust inputs (EMA lengths, MACD settings) if desired.
3. Monitor the chart:
- Red zones indicate oversold conditions—watch for a potential upward reversal.
- Green zones indicate overbought conditions—watch for a potential downward reversal.
- Light green/red backgrounds confirm the trend direction after a reversal zone.
4. Set up alerts for oversold/overbought conditions to catch reversal signals early.
---
### **9. Key Features**
- **Dual Purpose**: Combines reversal detection (Bollinger Bands + RSI) with trend confirmation (EMA + MACD).
- **Visual Simplicity**: Uses background colors instead of plotting lines, keeping the chart clean.
- **Customizable**: Allows users to tweak EMA and MACD periods.
- **Alerts**: Notifies users of extreme conditions for timely action.
---
### **10. Limitations**
- No plotted indicators (e.g., Bollinger Bands, EMAs, MACD) for visual reference—relies entirely on background shading.
- Confirmation signals (EMA/MACD) may lag behind reversal zones, potentially missing fast reversals.
- No alerts for confirmation zones, limiting real-time notification of trend confirmation.
This script is ideal for traders who want a straightforward way to spot potential reversals and confirm them with trend-following indicators, all overlaid on the price chart.
Equity Curve with Trend Indicator (Long & Short) - SimulationOverview:
Market Regime Detector via Virtual Equity Curve is a unique indicator that simulates the performance of a trend-following trading system—incorporating both long and short trades—to help you identify prevailing market regimes. By generating a “virtual equity” curve based on simple trend signals and applying trend analysis directly on that curve, this indicator visually differentiates trending regimes from mean-reverting (or sideways) periods. The result is an intuitive display where green areas indicate a trending (bullish) regime (i.e., where trend-following strategies are likely to perform well) and red areas indicate a mean-reverting (bearish) regime.
Features:
Simulated Trade Performance:
Uses a built-in trend-following logic (a simple 10/50 SMA crossover example) to simulate both long and short trades. This simulation creates a virtual equity curve that reflects the cumulative performance of the system over time.
Equity Trend Analysis:
Applies an Exponential Moving Average (EMA) to the simulated equity curve to filter short-term noise. The EMA acts as a trend filter, enabling the indicator to determine if the equity curve is in an upward (trending) or downward (mean-reverting) phase.
Dynamic Visual Regime Detection:
Fills the area between the equity curve and its EMA with green when the equity is above the EMA (indicating a healthy trending regime) and red when below (indicating a mean-reverting or underperforming regime).
Customizable Parameters:
Easily adjust the initial capital, the length of the equity EMA, and other settings to tailor the simulation and visual output to your trading style and market preferences.
How It Works:
Trade Simulation:
The indicator generates trading signals using a simple SMA crossover:
When the 10-period SMA is above the 50-period SMA, it simulates a long entry.
When the 10-period SMA is below the 50-period SMA, it simulates a short entry. The virtual equity is updated bar-by-bar based on these simulated positions.
Equity Trend Filtering:
An EMA is calculated on the simulated equity curve to smooth out fluctuations. The relative position of the equity curve versus its EMA is then used as a proxy for the market regime:
Bullish Regime: Equity is above its EMA → fill area in green.
Bearish Regime: Equity is below its EMA → fill area in red.
Visualization:
The indicator plots:
A gray line representing the simulated equity curve.
An orange line for the EMA of the equity curve.
A dynamic fill between the two lines, colored green or red based on the prevailing regime.
Inputs & Customization:
Initial Capital: Set your starting virtual account balance (default: 10,000 USD).
Equity EMA Length: Specify the lookback period for the EMA applied to the equity curve (default: 30).
Trend Signal Logic:
The current implementation uses a simple SMA crossover for demonstration purposes. Users can modify or replace this logic with their own trend-following indicator to tailor the simulation further.
True Strength Index with Zones & AlertsKey Features:
True Strength Index (TSI) Calculation
Uses double-smoothed exponential moving averages (EMA) to calculate TSI.
A signal line (EMA of TSI) helps confirm trends.
Dynamic Color Coding for TSI Line
Green: TSI is above the signal line (Bullish).
Red: TSI is below the signal line (Bearish).
Crossover & Crossunder Signals
Bullish Crossover (TSI crosses above Signal Line) → Green Circle.
Bearish Crossunder (TSI crosses below Signal Line) → Red Circle.
Alerts for Trading Signals
Buy Alert: TSI crosses above the signal line.
Sell Alert: TSI crosses below the signal line.
Overbought & Oversold Zones
Overbought: Between 40 and 50 (Red Zone).
Oversold: Between -40 and -50 (Green Zone).
Highlighted Background when TSI enters these zones.
Neutral Line at 0
Helps determine trend direction and momentum shifts.
How to Use These Values:
• TSI Crosses Above Signal Line → Bullish entry.
• TSI Crosses Below Signal Line → Bearish entry.
• Overbought (+40 to +50) & Oversold (-40 to -50) zones → Watch for trend reversals.
• Divergence Signals → If price makes a new high/low but TSI doesn’t, momentum is weakening.
DIN: Dynamic Trend NavigatorDIN: Dynamic Trend Navigator
Overview
The Dynamic Trend Navigator script is designed to help traders identify and capitalize on market trends using a combination of Weighted Moving Averages (WMA), Volume Weighted Average Price (VWAP), and Anchored VWAP (AVWAP). The script provides customizable settings and flexible alerts for various crossover conditions, enhancing its utility for different trading strategies.
Key Features
- **1st and 2nd WMA**: Allows users to set and visualize two Weighted Moving Averages. These can be customized to any period, providing flexibility in trend identification.
- **VWAP and AVWAP**: Incorporates both VWAP and AVWAP, offering insights into price levels adjusted by volume.
- **ATR and ADX Indicators**: Includes the Average True Range (ATR) and Average Directional Index (ADX) to help assess market volatility and trend strength.
- **Flexible Alerts**: Configurable buy and sell alerts for any crossover condition, making it versatile for various trading strategies.
How to Use the Script
1. **Set the WMA Periods**: Customize the periods for the 1st and 2nd WMAs to suit your trading strategy.
2. **Enable VWAP and AVWAP**: Choose whether to include VWAP and AVWAP in your analysis by enabling the respective settings.
3. **Configure Alerts**: Set up alerts for the desired crossover conditions (WMA, VWAP, AVWAP) to receive notifications for potential trading opportunities.
4. **Monitor Signals**: Watch for buy and sell signals indicated by triangle shapes on the chart, which appear at the selected crossover points.
When to Use
- **Best Time to Use**: The script is most effective in trending markets where price movements are well-defined. It helps traders stay on the right side of the trend and avoid false signals during periods of low volatility.
- **When Not to Use**: Avoid using the script in choppy or sideways markets where price action lacks direction. The script may generate false signals in such conditions, leading to potential losses.
Benefits of VWAP and AVWAP
- **VWAP**: The Volume Weighted Average Price provides a price benchmark that adjusts for volume, helping traders identify fair value levels. It is particularly useful for intraday trading and gauging market sentiment.
- **AVWAP**: The Anchored VWAP allows traders to set a starting point for VWAP calculations, providing flexibility in analyzing price levels over specific periods or events. This helps in identifying key support and resistance levels based on volume.
Unique Aspects
- **Customizability**: The script offers extensive customization options for WMA periods, VWAP, AVWAP, and alert conditions, making it adaptable to various trading strategies.
- **Combining Indicators**: By integrating WMAs, VWAP, AVWAP, ATR, and ADX, the script provides a comprehensive view of market conditions, enhancing decision-making.
- **Real-Time Alerts**: The flexible alert system ensures traders receive timely notifications for potential trade setups, improving responsiveness to market changes.
Examples
- **Example 1**: A trader sets the 1st WMA to 8 and the 2nd WMA to 100, enabling the VWAP. When the 1st WMA crosses above the 2nd WMA or VWAP, a buy signal is triggered, indicating a potential long entry.
- **Example 2**: A trader sets the AVWAP to start 30 bars ago and monitors for crossovers with the 1st WMA. When the 1st WMA crosses below the AVWAP, a sell signal is triggered, suggesting a potential short entry.
Final Notes
The Dynamic Trend Navigator script is a powerful tool for traders looking to enhance their market analysis and trading decisions. Its unique combination of customizable indicators and flexible alert system sets it apart from other scripts, making it a valuable addition to any trader's toolkit.
Disclaimer: Never any financial advice. Just ThisGirl loving experimenting with indicators to help myself, as well as others.
LiquidFusion SignalPro [CHE] LiquidFusion SignalPro – Indicator Overview
The LiquidFusion SignalPro is a powerful and sophisticated TradingView indicator designed to identify high-quality trade entries and exits. By combining seven unique sub-indicators, it provides comprehensive market analysis, ensuring traders can make informed decisions. This tool is suitable for all market conditions and supports customization to fit individual trading strategies.
Key Components (Sub-Indicators):
1. RPM (Relative Price Momentum):
- Measures cumulative price momentum over a specified period.
- Provides insights into price strength and directional bias.
- Input Customization:
- Source: Data for momentum calculation.
- Period: Length for momentum measurement.
- Resolution: Timeframe for data fetching.
2. BBO (Bull-Bear Oscillator):
- Calculates the strength of bullish or bearish momentum based on price movement and RSI conditions.
- Uses a super-smoothing technique for reliable signals.
- Customizable parameters include the oscillator's period and repainting options.
3. MACD (Moving Average Convergence Divergence):
- A classic momentum indicator for trend direction and strength.
- Provides buy/sell signals based on the crossover of the MACD line and signal line.
- Input Customization:
- Fast/Slow EMA Periods.
- Signal Line Period.
- Resolution and Source Data.
4. RSI (Relative Strength Index):
- Tracks overbought and oversold conditions.
- A key tool to validate trend continuation or reversals.
- Customizable period, resolution, and source.
5. CCI (Commodity Channel Index):
- Measures the deviation of price from its average.
- Useful for identifying cyclical trends.
- Input Customization includes period, resolution, and source.
6. Stochastic Oscillator:
- Indicates momentum by comparing closing prices to a range of highs and lows.
- Includes smoothing factors for %K and %D lines.
- Customizable parameters:
- %K Length and Smoothing.
- Resolution and Repainting Options.
7. Supertrend:
- A trailing stop-and-reverse system for trend-following strategies.
- Excellent for identifying strong trends and potential reversals.
- Inputs include the multiplier factor and period for ATR-like calculations.
Inputs Overview:
The indicator supports extensive customization for each sub-indicator, grouped under intuitive categories:
- Color Settings: Define bullish and bearish plot colors.
- RPM, BBO, MACD, RSI, CCI, Stochastic, and Supertrend Settings: Tailor each sub-indicator's behavior with adjustable parameters.
- UI Options: Toggle features such as bar coloring, indicator names, and plotted candles.
Trade Signals:
- Long Signal:
- All indicators align in a bullish state:
- RPM > 0, MACD > 0, RSI > 50, Stochastic > 50, CCI > 0, BBO > 0, Supertrend below price.
- Plot: Green triangle below the candle.
- Alert: Notifies the trader of a potential long entry.
- Short Signal:
- All indicators align in a bearish state:
- RPM < 0, MACD < 0, RSI < 50, Stochastic < 50, CCI < 0, BBO < 0, Supertrend above price.
- Plot: Red triangle above the candle.
- Alert: Notifies the trader of a potential short entry.
Features:
- Enhanced Visuals: Plots sub-indicator statuses using labels and color-coded shapes for clarity.
- Alerts: Integrated alert conditions for both long and short trades.
- Bar Coloring: Provides overall trend bias with green (bullish), red (bearish), or gray (neutral) bars.
- Customizable Table: Displays the indicator's status in the chart’s top-right corner.
Trading Benefits:
The LiquidFusion SignalPro excels in generating high-quality entries and exits by:
- Reducing noise through multiple indicator alignment.
- Supporting multiple timeframes and resolutions for flexibility.
- Offering customizable inputs for personalized trading strategies.
Use this tool to enhance your market analysis and improve your trading performance.
Disclaimer:
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.
This indicator is inspired by the Super 6x Indicators: RSI, MACD, Stochastic, Loxxer, CCI, and Velocity . A special thanks to Loxx for their relentless effort, creativity, and contributions to the TradingView community, which served as a foundation for this work.
Happy trading and best regards
Chervolino
Parabolic SAR Crosses_AITIndicator Name: Parabolic SAR Crosses_AIT
Purpose:
This indicator utilizes the Parabolic SAR to track price trends and generate buy (long) and sell (short) signals when the price crosses the Parabolic SAR line. The indicator is designed to help traders identify trend direction and potential trend reversals on the price chart.
Indicator Overview:
Indicator Parameters:
Parabolic SAR: The default settings for the Parabolic SAR are:
Step: 0.02
Maximum: 0.2 These values can be adjusted by the user to control the sensitivity of the SAR.
Signal Conditions:
Buy Signal (Long): A buy signal is generated when the price crosses above the Parabolic SAR line.
Sell Signal (Short): A sell signal is generated when the price crosses below the Parabolic SAR line.
How It Works:
Buy Signal:
When the price crosses above the Parabolic SAR line, it indicates a potential upward trend. A yellow triangle (L) will appear below the price bar, signaling a possible long entry.
Sell Signal:
When the price crosses below the Parabolic SAR line, it indicates a potential downward trend. A fuchsia triangle (S) will appear above the price bar, signaling a possible short entry.
Trend Detection:
Green Line: Indicates that the Parabolic SAR is below the price, suggesting an uptrend.
Red Line: Indicates that the Parabolic SAR is above the price, suggesting a downtrend.
Trend Reversal:
A trend reversal occurs when the Parabolic SAR switches positions relative to the price. This can be used to exit positions or enter positions in the opposite direction.
Customization:
Step Size: The step parameter controls how sensitive the Parabolic SAR is to price changes. A smaller step value (e.g., 0.01) makes the SAR less sensitive, while a larger step value (e.g., 0.05) makes it more sensitive.
Maximum: The maximum value defines the upper limit for the acceleration factor in the SAR calculation. A higher value allows the SAR to track the price more closely, while a lower value smooths the trend.
Visual Representation:
The Parabolic SAR line is plotted directly on the price chart as a solid line, using the appropriate colors (green or red) depending on the trend direction.
Long signals are indicated by small yellow triangles (L) below the price.
Short signals are indicated by small fuchsia triangles (S) above the price.
Usage Tips:
Combining with Other Indicators: While Parabolic SAR is a great tool for identifying trend direction, it may produce false signals in ranging or sideways markets. Combining this indicator with other trend confirmation tools, such as moving averages or the MACD, can improve its reliability.
Adjusting the Step and Maximum Values: In highly volatile markets, it might be useful to reduce the step value to avoid false signals. In more stable, trending markets, increasing the step value can make the SAR more responsive.
Position Management: Parabolic SAR can be used not only to enter trades but also to manage existing positions by acting as a trailing stop-loss. You can use the SAR value as a dynamic stop-loss level, adjusting it as the trend progresses.
Conclusion:
The Parabolic SAR Crosses_AIT indicator helps traders visually identify trend directions and possible trend reversals by plotting the Parabolic SAR directly on the price chart. With customizable settings for sensitivity and signals that indicate long or short positions, this indicator provides a clear and effective method to manage trades based on trend-following strategies.
Enhanced BOS Strategy with SL/TP and EMA TableDescription:
The Enhanced BOS (Break of Structure) Strategy is an advanced open-source trading indicator designed to identify key market structure changes, integrated with dynamic Stop Loss (SL) and Take Profit (TP) levels, along with an informative EMA (Exponential Moving Average) table for added trend analysis.
Key Features:
Break of Structure (BOS) Detection:
The script detects bullish and bearish BOS by identifying pivot points using a custom pivot period. When the price crosses above or below these points, it signals a potential market trend reversal or continuation.
Dynamic SL/TP Levels:
Users can toggle static SL/TP settings, which automatically calculate levels based on user-defined points. These levels are visualized on the chart with dotted lines and labeled for clarity.
Volume Filters:
The strategy includes a volume condition filter to ensure that only trades within a specified volume range are considered. This helps in avoiding low-volume trades that might lead to false signals.
EMA Table Display:
An on-chart table displaying the current values of the 13-period, 50-period, and 200-period EMAs. This provides a quick reference for trend identification and confirmation, helping traders to stay aligned with the broader market trend.
How It Works:
The script utilizes a combination of moving averages and pivot points to identify potential breakouts or breakdowns in market structure. When a bullish BOS is detected, and the volume conditions are met, the strategy suggests a long position, marking potential SL/TP levels. Similarly, it suggests short positions for bearish BOS.
The EMA table serves as a visual aid, providing real-time updates of the EMA values, allowing traders to gauge the market’s directional bias quickly.
How to Use:
Setting Parameters:
Adjust the pivot period to fine-tune BOS detection according to your trading style and the asset’s volatility.
Configure the SL/TP settings based on your risk tolerance and target profit levels.
Interpreting Signals:
A “Buy” label on the chart indicates a bullish BOS with volume confirmation, signaling a potential long entry.
A “Sell” label indicates a bearish BOS with volume confirmation, signaling a potential short entry.
The EMA table aids in confirming these signals, where the position of the fast, mid, and slow EMAs can provide additional context to the trend’s strength and direction.
Volume Filtering:
Ensure your trades are filtered through the script’s volume condition, which allows for the exclusion of low-volume periods that might generate unreliable signals.
Unique Value:
Unlike many other BOS strategies, this script integrates volume conditions and a visual EMA table, providing a comprehensive toolkit for traders looking to capture market structure shifts while maintaining an eye on trend direction and trade execution precision.
Additional Information:
This script is designed for use on standard bar or candlestick charts for best results.
It is open-source and free to use, encouraging collaboration and improvement by the TradingView community.
By combining powerful trend-following EMAs with the precision of BOS detection and the safety of volume filtering, the Enhanced BOS Strategy offers a balanced approach to trading market structure changes.
Alxuse Stochastic RSI for tutorial All abilities of Stochastic RSI, moreover :
Drawing upper band and lower band & the ability to change values, change colors, turn on/off show.
Crossing K line and D line in multi timeframe & there are symbols (Circles) with green color (Buy) and red color (Sell) & the ability to change colors, turn on/off show.
Crossing K line and D line in multi timeframe according to the values of upper band and lower band & there are symbols (Triangles) with green color (Long) and red color (Short) & the ability to change colors, turn on/off show.
The ability used in the alert section and create customized alerts.
To receive valid alerts the replay section , the timeframe of the chart must be the same as the timeframe of the indicator.
Stochastic RSI (STOCH RSI)
Definition
The Stochastic RSI indicator (Stoch RSI) is essentially an indicator of an indicator. It is used in technical analysis to provide a stochastic calculation to the RSI indicator. This means that it is a measure of RSI relative to its own high/low range over a user defined period of time. The Stochastic RSI is an oscillator that calculates a value between 0 and 1 which is then plotted as a line. This indicator is primarily used for identifying overbought and oversold conditions.
The basics
It is important to remember that the Stoch RSI is an indicator of an indicator making it two steps away from price. RSI is one step away from price and therefore a stochastic calculation of the RSI is two steps away. This is important because as with any indicator that is multiple steps away from price, Stoch RSI can have brief disconnects from actual price movement. That being said, as a range bound indicator, the Stoch RSI's primary function is identifying crossovers as well as overbought and oversold conditions.
The basics
It is important to remember that the Stoch RSI is an indicator of an indicator making it two steps away from price. RSI is one step away from price and therefore a stochastic calculation of the RSI is two steps away. This is important because as with any indicator that is multiple steps away from price, Stoch RSI can have brief disconnects from actual price movement. That being said, as a range bound indicator, the Stoch RSI's primary function is identifying crossovers as well as overbought and oversold conditions.
Overbought/Oversold
Overbought and Oversold conditions are traditionally different than the RSI. While RSI overbought and oversold conditions are traditionally set at 70 for overbought and 30 for oversold, Stoch RSI are typically .80 and .20 respectively. When using the Stoch RSI, overbought and oversold work best when trading along with the underlying trend.
During an uptrend, look for oversold conditions for points of entry.
During a downtrend, look for overbought conditions for points of entry.
Summary
When using Stoch RSI in technical analysis, a trader should be careful. By adding the Stochastic calculation to RSI, speed is greatly increased. This can generate many more signals and therefore more bad signals as well as the good ones. Stoch RSI needs to be combined with additional tools or indicators in order to be at its most effective. Using trend lines or basic chart pattern analysis can help to identify major, underlying trends and increase the Stoch RSI's accuracy. Using Stoch RSI to make trades that go against the underlying trend is a dangerous proposition.
The added features to the indicator are made for training, it is advisable to use it with caution in tradings.