Multi BB (3/4/5 SD) - Separate AlertsThis script can be used to gauge momentum in the stocks and can be used on any instrument. Alerts can be put when Price crosses Bollinger Bands SD3 or 4 or 5 on either the Upper or Lower side.
This script is useful to understand the momentum and accordingly a trade can be taken on either the long side (when crossing the Upper Side) or Short Side (when crossing the Lower Side) with proper Stop Loss.
Komut dosyalarını "momentum" için ara
Fibo Normalized RSI & RSI RibbonPlots both standard and Z-score normalized RSI ribbons using Fibonacci-based periods. Supports adjustable normalization, optional 0–100 scaling, and multi-line visualizations for momentum and deviation analysis.
This tool is designed for traders who want to go beyond standard RSI by adding:
Statistical normalization (Z-score)
Multi-period analysis (Fibonacci structure)
Advanced divergence and exhaustion detection
It gives you both classical momentum context and mathematically rigorous deviation insight, making it ideal for:
Swing traders
Quant-inclined discretionary traders
Multi-timeframe analysts
Trend Confirmation
When both RSI and normalized RSI across short and long periods are stacked in the same direction (e.g., above 50 or with high Z-scores), the trend is likely strong.
Disagreement between the two ribbons (e.g., RSI high but normalized RSI flat) may indicate late-stage trend or false strength.
Mean Reversion Trades
Look for normalized RSI values > +2 or < -2 (i.e., ~2 standard deviations).
Cross-check with standard RSI to see if the move aligns with a traditional overbought/oversold level.
Great for fade/reversal setups when Z-score RSI is extreme but classic RSI is just beginning to turn.
Divergence Detection
Compare the slope of RSI vs. normalized RSI over same period:
If RSI is rising but normalized RSI is falling → momentum is fading despite apparent strength.
Excellent for early warnings before reversals.
Multi-Timeframe Confluence
Use short-period ribbons (e.g., 3–13) for tactical entries/exits.
Use long-period ribbons (e.g., 55–233) for macro trend bias.
Alignment across both = high-confidence zone.
ATS DELTABAR V5.0ATS DeltaBar Indicator: Volume Trend Momentum Analysis System
——Precisely Capturing "Price-Volume Resonance" Signals for Trend Reversals
Core Positioning
The ATS DeltaBar is a sub-chart indicator focused on the synergy between volume trends and price action. It dynamically monitors changes in volume momentum and price deviations to identify trend strengthening, exhaustion, and reversal signals. Its core value lies in:
Red/Green Bars: Visually reflect volume increases/decreases, revealing capital flow direction.
Divergence Signals: Warn of potential trend reversals (top/bottom divergence).
Resonance Breakouts/Breakdowns: Confirm high-probability trend continuation signals.
Red/Green Zones: Clearly define bullish/bearish phases (red = bearish, green = bullish).
I. Core Logic & Algorithm
1. Volume Trend Visualization
Bar Color Volume State Market Implication
Green Bar Volume ↑ vs. prior period Capital inflow, trend momentum strengthens
Red Bar Volume ↓ vs. prior period Capital outflow, trend momentum weakens
Bar Height Magnitude of volume change Quantifies intensity (higher = stronger shift)
📌 Key Insight:
Green bars + rising price = Healthy uptrend.
Red bars + price新高 = Potential top divergence risk.
2. Divergence Detection
Top Divergence: Price makes higher highs, but DeltaBar peaks lower (red bars accumulate) → Bullish exhaustion.
Bottom Divergence: Price makes lower lows, but DeltaBar troughs rise (green bars accumulate) → Bearish exhaustion.
3. Resonance Signal System
Resonance Breakout: Price breaks resistance + DeltaBar green volume spike → Confirmed uptrend acceleration.
Resonance Breakdown: Price breaks support + DeltaBar red volume spike → Confirmed downtrend weakness.
4. Bullish/Bearish Zone划分
Green Zone: DeltaBar consistently above neutral line → Bullish dominance (favor longs).
Red Zone: DeltaBar consistently below neutral line → Bearish dominance (caution for downside).
II. Signal Types & Practical Applications
1. Basic Trading Signals
Signal Type DeltaBar Behavior Trading Suggestion
Green Zone + Green Bar Price & volume rise together Hold/add to longs
Red Zone + Red Bar Price & volume decline together Short/exit longs
Top Divergence Price ↑ + DeltaBar peaks ↓ (red bars) Reduce longs/test shorts
Bottom Divergence Price ↓ + DeltaBar troughs ↑ (green bars) Prepare for reversal/cover shorts
2. Advanced Resonance Strategies
Breakout Trade: Enter when price breaks a key level + DeltaBar shows green volume spike (resonance breakout) → High-probability long.
Breakdown Trade: Enter when price breaks support + DeltaBar shows red volume spike (resonance breakdown) → High-probability short.
III. Comparison with Traditional Indicators
Aspect Traditional Volume (e.g., OBV) ATS DeltaBar
Signal Dimension Single cumulative volume direction 3D analysis: divergence + resonance + zone划分
Visualization Monotonic curve Dynamic dual-color bars + zones + threshold lines
Practicality Lags price action Real-time捕捉 divergence/resonance points
IV. Usage Scenarios & Tips
1. Trend Following
In Green Zone: Price above MA + DeltaBar green bars expanding → Hold longs.
In Red Zone: Price below MA + DeltaBar red bars expanding → Stay short/avoid longs.
2. Reversal Trading
Top Divergence + Bearish candlestick (e.g., Evening Star) + red bars → Short.
Bottom Divergence + Bullish engulfing + green bars → Long.
3. Breakout Filtering
Only trade breakouts where price and DeltaBar confirm共振 (avoids false breakouts).
V. Case Study (BTC/USDT 1H Chart)
Successful Long: Price broke resistance + DeltaBar green volume spike → 15% rally.
Successful Short: Price consolidated with red bar accumulation (top divergence) → 8% drop.
VI.注意事项
Combine with price structure (support/resistance) for higher accuracy.
Prioritize divergence in ranging markets; focus on共振 signals in trending markets.
"Volume is the fuel of price" — ATS DeltaBar quantifies this relationship to pinpoint trend ignition and reversal points.
FxAST RSI Enhanced Plus [ALLDYN]
## 🟩 FxAST RSI Enhanced — Smoothed RSI Momentum with Dynamic Confluence Table
### 🔹 WHAT THIS SCRIPT DOES
This RSI enhancement script builds upon the classic Relative Strength Index by integrating:
* A **dual-layer EMA smoothing system** for RSI, allowing traders to observe fast vs. slow RSI movements
* **Real-time crossover signals** to detect early momentum shifts
* **Buy/Sell label plotting** when smoothed RSI crosses over/under with configurable thresholds
* An **optional smoothing toggle** to switch between swing and intraday trading styles
### 🔹 HOW IT WORKS
* RSI is calculated using a classic `rma` approach
* The script applies two separate EMAs (configurable lengths) to the RSI, serving as fast/slow signal lines
* Buy/Sell signals are generated when:
* The fast EMA crosses above the slow EMA (Buy) and RSI is above 40
* The fast EMA crosses below the slow EMA (Sell) and RSI is below 60
* RSI line, smoothed EMAs, and their fill are plotted for visual confirmation
**Original Feature** *(highlighting IP for protection)*:
A **confluence table** dynamically summarizes:
* The RSI fast/slow values
* The % delta between the smoothed EMAs
* A **directional bias reading** : Bullish, Bearish, or Neutral based on RSI behavior
* All values are color-coded and updated in real time to assist in fast market assessment
This table replaces cluttered on-chart signals with a **clean, structured summary** of RSI state and direction — ideal for both scalpers and swing traders.
### 🔹 HOW TO USE
1. Add the script to your chart (non-overlay).
2. Configure RSI/EMA lengths for your strategy (default: RSI 14, Fast EMA 3, Slow EMA 13).
3. Toggle “Smooth RSI?”:
* `ON` = For swing traders (smoother, slower signals)
* `OFF` = For intraday/momentum scalping (raw signals)
4. Use the **Buy/Sell labels** and **bias table** as confirmation tools, not sole entry triggers.
5. Alerts are available for both Buy and Sell crossover conditions.
### 🔹 WHAT MAKES IT ORIGINAL
While traditional RSI indicators only show the raw line or apply basic levels (30/70), this script offers:
* A **modular RSI smoothing engine** that adapts to swing or intraday preferences
* A **dual-EMA logic structure** for signal reliability
* A **real-time RSI bias assessment table**, designed to visualize RSI-based trend bias and magnitude
* The entire presentation is **decluttered** , avoiding redundant overlays while improving decision-making through the integrated data table
This script does not simply restyle RSI — it **restructures how RSI behavior is interpreted** , offering an objective confluence framework built around RSI’s smoothed motion and delta tracking.
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RSI Strength & Consolidation Zones (Zeiierman)█ Overview
RSI Strength & Consolidation Zones (Zeiierman) is a hybrid momentum and volatility visualization tool that blends enhanced RSI interpretation with ADX-driven consolidation detection. This indicator doesn't just show where RSI is trending — it interprets how strong that trend is, when that strength changes, and where the market may be consolidating in anticipation of breakout movement.
Using a combination of Kalman-filtered RSI, custom-built DMI/ADX, and low-volatility zone recognition, it gives traders a dynamic RSI with strength-based coloring, while also highlighting consolidation zones to spot breakout opportunities.
█ Its uniqueness
Traditional RSI indicators lack context. They may show you when the market is overbought or oversold, but they won’t tell you how strong that condition is, or whether it’s likely to result in continuation or consolidation.
This tool aims to solve that by introducing adaptive strength metrics and structural compression zones, allowing traders to anticipate when the market is likely preparing for a move.
█ How It Works
⚪ Enhanced RSI
Combines traditional RSI and a custom RSI implementation
Smooths both through a Kalman filter for trend direction
Final RSI line reflects smoothed consensus between manual and built-in RSI
Adds an RSI + Strength overlay to show when the directional conviction is increasing
⚪ ADX-Driven Strength Layer
Directional Movement Index (DMI) is calculated both manually and with built-in smoothing
The average ADX value is used to calculate a strength modifier
When ADX exceeds 20, RSI is dynamically enhanced or dampened to reflect directional force
Resulting visual: RSI appears stronger or weaker based on confirmed trend conditions
⚪ Consolidation Zone Detection
When ADX falls below 20, the indicator enters a consolidation zone state
Boxes are drawn dynamically to contain the price within these low-volatility structures
Once the price breaks out of the zone, the indicator plots a breakout signal (▲ or ▼)
⚪ Breakouts
Breakout markers are placed at the first close outside the consolidation box
These signals serve as early indicators for potential trend continuation or reversal
█ How to Use
⚪ Confirm Momentum Strength
Use the RSI + Strength line to determine whether current momentum is backed by trend conviction. If strength expands alongside rising RSI, the move has confirmation.
⚪ Consolidations Zones
When RSI is around the midline, and a consolidation box appears, expect lower volatility and a range-bound market, followed by a breakout.
⚪ Use Breakout Signals for Entry
Look for ▲ or ▼ markers as early triggers. These often coincide with volume expansions or structural breaks.
█ Settings Explained
RSI Length – Number of bars used for RSI. Shorter = more sensitive.
DMI Length – Used in both custom and built-in ADX/DI calculations.
ADX Smoothing – Smooths the trend strength signal. Higher values = smoother strength detection.
Trend Confirmation (Filter Strength) – Adjusts the responsiveness of the Kalman filter.
-----------------
Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Dskyz Options Flow Flux (OFF) - FuturesDskyz Options Flow Flux (OFF) - Futures
*This is a repost due to moderator intervention on use of ™ in my scripts. I'm in the process of getting this rectified. This was originally posted around mid-night CDT.
🧠 The Dskyz Options Flow Flux (OFF) - Futures indicator is a game changer for futures traders looking to tap into institutional activity with limited resources. Designed for TradingView this tool simulates options flow data (call/put volume and open interest) for futures contracts like MNQ MES NQ and ES giving u actionable insights through volume spike detection volatility adjustments and stunning visuals like aurora flux bands and round number levels. Whether u’re a beginner learning the ropes or a pro hunting for an edge this indicator delivers real time market sentiment and key price levels to boost ur trading game
Key Features
⚡ Simulated Options Flow: Breaks down call/put volume and open interest using market momentum and volatility
📈 Spike Detection: Spots big moves in volume and open interest with customizable thresholds
🧠 Volatility Filter: Adapts to market conditions using ATR for smarter spike detection
✨ Aurora Flux Bands: Glows with market sentiment showing u bullish or bearish vibes at a glance
🎯 Round Number Levels: Marks key psychological levels where big players might step in
📊 Interactive Dashboard: Real time metrics like sentiment score and volatility factor right on ur chart
🚨 Alerts: Get notified of bullish or bearish spikes so u never miss a move
How It Works
🧠 This indicator is built to make complex options flow analysis simple even with the constraints of Pine Script. Here’s the step by step:
Simulated Volume Data (Dynamic Split):
Pulls daily volume for ur chosen futures contract (MNQ1! MES1! NQ1! ES1!)
Splits it into call and put volume based on momentum (ta.mom) and volatility (ATR vs its 20 period average)
Estimates open interest (OI) for calls and puts (1.15x for calls 1.1x for puts)
Formula: callRatio = 0.5 + (momentum / close) * 10 + (volatility - 1) * 0.1 capped between 0.3 and 0.7
Why It Matters: Mimics how big players might split their trades giving u a peek into institutional sentiment
Spike Detection:
Compares current volume/OI to short term (lookbackShort) and long term (lookbackLong) averages
Flags spikes when volume/OI exceeds the average by ur set threshold (spikeThreshold for regular highConfidenceThreshold for strong)
Adjusts for volatility so u’re not fooled by choppy markets
Output: optionsSignal (2 for strong bullish -2 for strong bearish 1 for bullish -1 for bearish 0 for neutral)
Why It Matters: Pinpoints where big money might be stepping in
Volatility Filter:
Uses ATR (10 periods) and its 20 period average to calculate a volatility factor (volFactor = ATR / avgAtr)
Scales spike thresholds based on market conditions (volAdjustedThreshold = spikeThreshold * max(1 volFactor * volFilter))
Why It Matters: Keeps ur signals reliable whether the market is calm or wild
Sentiment Score:
Calculates a call/put ratio (callVolume / putVolume) and adjusts for volatility
Converts it to a 0 to 100 score (higher = bullish lower = bearish)
Formula: sentimentScore = min(max((volAdjustedSentiment - 1) * 50 0) 100)
Why It Matters: Gives u a quick read on market bias
Round Number Detection:
Finds the nearest round number (e.g. 100 for MNQ1! 50 for MES1!)
Checks for volume spikes (volume > 3 period SMA * spikeThreshold) and if price is close (within ATR * atrMultiplier)
Updates the top activity level every 15 minutes when significant activity is detected
Why It Matters: Highlights psychological levels where price often reacts
Visuals and Dashboard:
Combines aurora flux bands glow effects round number lines and a dashboard to make insights pop (see Visual Elements below)
Plots triangles for call/put spikes (green/red for strong lime/orange for regular)
Sets up alerts for key market moves
Why It Matters: Makes complex data easy to read at a glance
Inputs and Customization
⚙️ Beginners can tweak these settings to match their trading style while pros can dig deeper for precision:
Futures Symbol (symbol): Pick ur contract (MNQ1! MES1! NQ1! ES1!). Default: MNQ1!
Short Lookback (lookbackShort): Days for short term averages. Smaller = more sensitive. Range: 1+. Default: 5
Long Lookback (lookbackLong): Days for long term averages. Range: 5+. Default: 10
Spike Threshold (spikeThreshold): How big a spike needs to be (e.g. 1.1 = 10% above average). Range: 1.0+. Default: 1.1
High Confidence Threshold (highConfidenceThreshold): For strong spikes (e.g. 3.0 = 3x average). Range: 2.0+. Default: 3.0
Volatility Filter (volFilter): Adjusts for market volatility (e.g. 1.2 = 20% stricter in volatile markets). Range: 1.0+. Default: 1.2
Aurora Flux Transparency (glowOpacity): Controls band transparency (0 = solid 100 = invisible). Range: 0 to 100. Default: 65
Show Show OFF Dashboard (showDashboard): Toggles the dashboard with key metrics. Default: true
Show Nearest Round Number (showRoundNumbers): Displays round number levels. Default: true
ATR Multiplier for Proximity (atrMultiplier): How close price needs to be to a round number (e.g. 1.5 = within 1.5x ATR). Range: 0.5+. Default: 1.5
Functions and Logic
🧠 Here’s the techy stuff pros will love:
Simulated Volume Data : Splits daily volume into call/put volume and OI using momentum and volatility
Volatility Filter: Scales thresholds with volFactor = atr / avgAtr for adaptive detection
Spike Detection: Flags spikes and assigns optionsSignal (2, -2, 1, -1, 0) for sentiment
Sentiment Score: Converts call/put ratio into a 0-100 score for quick bias reads
Round Number Detection: Identifies key levels and significant activity for trading zones
Dashboard Display: Updates real time metrics like sentiment score and volatility factor
Visual Elements
✨ These visuals make data come alive:
Gradient Background: Green (bullish) red (bearish) or yellow (neutral/choppy) at 95% transparency to show trend
Aurora Flux Bands: Stepped bands (linewidth 3) around a 14 period EMA ± ATR * 1.8. Colors shift with sentiment (green red lime orange gray) with glow effects at 85% transparency
Round Number Visualization: Stepped lines (linewidth 2) at key levels (solid if active dashed if not) with labels (black background white text size.normal)
Visual Signals: Triangles above/below bars for spikes (size.small for strong size.tiny for regular)
Dashboard: Bottom left table (2 columns 10 rows) with a black background (29% transparency) gray border and metrics:
⚡ Round Number Activity: “Detected” or “None”
📈 Trend: “Bullish” “Bearish” or “Neutral” (colored green/red/gray)
🧠 ATR: Current 10 period ATR
📊 ATR Avg: 20 period SMA of ATR
📉 Volume Spike: “YES” (green) or “NO” (red)
📋 Call/Put Ratio: Current ratio
✨ Flux Signal: “Strong Bullish” “Strong Bearish” “Bullish” “Bearish” or “Neutral” (colored green/red/gray)
⚙️ Volatility Factor: Current volFactor
📈 Sentiment Score: 0-100 score
Usage and Strategy Recommendations
🎯 For Beginners: Use high confidence spikes (green/red triangles) for easy entries. Check the dashboard for a quick market read (sentiment score above 60 = bullish below 40 = bearish). Watch round number levels for support/resistance
💡 For Pros: Combine flux signals with round number activity for high probability setups. Adjust lookbackShort/lookbackLong for trending vs choppy markets. Use volFactor for position sizing (higher = smaller positions)
Parabolic RSI [ChartPrime]The Parabolic RSI indicator applies the Parabolic SAR directly to the Relative Strength Index (RSI) . This combination helps traders identify trend shifts and potential reversal points within the RSI framework. The indicator provides both regular and strong signals based on whether the Parabolic SAR crosses above or below key RSI thresholds.
⯁ KEY FEATURES
Parabolic SAR Applied to RSI – Tracks momentum shifts within the RSI indicator.
Dynamic SAR Dots – Plots SAR levels directly on the RSI for visual clarity.
Threshold-Based Signal Filtering – Uses upper (70) and lower (30) RSI levels to determine strong signals.
Simple and Strong Signal System :
Big Diamonds (Strong Signals) – Appear when Parabolic SAR crosses above 70 or below 30 RSI, indicating potential reversals.
Small Diamonds (Regular Signals) – Appear when Parabolic SAR flips inside the RSI range, signaling weaker trend shifts.
Chart Overlay Signals – Highlights strong RSI-based trend shifts directly on the price chart.
Fully Customizable – Modify RSI length, SAR parameters, colors, and signal displays.
⯁ HOW TO USE
Look for strong signals (big diamonds) when SAR flips above 70 RSI (overbought) or below 30 RSI (oversold) for potential reversals.
Use regular signals (small diamonds) for minor trend shifts within the RSI range.
Combine with price action and other indicators to confirm entry and exit points.
Adjust the SAR acceleration factors to fine-tune sensitivity based on market conditions.
⯁ CONCLUSION
The Parabolic RSI indicator merges trend-following and momentum-based analysis by applying the Parabolic SAR to RSI. This allows traders to detect trend shifts inside the RSI space with an intuitive diamond-based signal system . Whether used alone or as part of a broader trading strategy, this indicator provides a clear and structured approach to identifying momentum reversals and potential trading opportunities.
MACD Crossover + AlertMACD Proximity & Crossover Alert Script
This script is designed to help traders stay ahead of MACD crossovers by providing:
Early alerts when the MACD and Signal lines are getting close (within a customizable threshold)
Instant alerts when a bullish or bearish crossover occurs
Whether you're swing trading or scalping, this tool gives you advanced notice to prepare — and a confirmation signal to act on. It works on any timeframe and helps avoid late entries by alerting you when momentum is shifting.
Features:
Customizable MACD settings (fast, slow, signal length)
Adjustable "proximity" threshold
Visual background highlight when lines are close
Built-in alert conditions for:
MACD crossing above Signal (bullish)
MACD crossing below Signal (bearish)
MACD and Signal getting close (early warning)
Perfect for traders who want a heads-up before momentum shifts — not just a reaction afterward.
Momentum Based RSIThe Momentum Based RSI is an enhancement to the RSI. it incorporates 2 sections:
MA Ratio (Fast/Slow)
RSI
at the end both of those are multiplied to create a more responsive RSI which reacts fast to market moves while still providing a whip ressistant tool.
Momentum Calculation
The "MA Ratio" as i like to call it results from comparing 2 MAs (both can be set to whatever type you like) against eachother, which, in the end, provides a Ratio that visualizes the difference. It is simple yet effective
RSI
An Old yet popular tool which dates back to 1978. In and out of itself it is a great tool, however it still can be enhanced.
The Combination
The RSI and the MARatio are multiplied together, which results in an RSI that is ampliefied by the speed of the market movements.
This proves highly effective, since the MA Ratio is hovering around at the same level. However during trends, it picks up speed in either of both directions which marginally increases the RSI's response the said movement.
Why its Creative, New and Good
While it is a super simple concept, it still holds a lot of power relative to its sophistication. Traders may use it like they used the Vanilla RSI (e.g Trend following, Mean-reversion or other).
Unlike RSI with momentum overlays, this indicator actively uses an MA Ratio multiplier for simplicity and responsiveness.
At last, Its primary goal is to detect trends faster while not creating more noise & false signals.
What not to do
if youre using this indicator, please do NOT change the Fast MA to be slower than to Slow MA or vice versa, since you'll be getting broken & noise induced signals which may not align with your goals.
Great inventions require great Care
As with anything, you should not use this tool without any other confluence. As great as the backtests may be, you dont know what the future holds, be careful!
This indicator is not a guaranteed predicition tool. If youre going to use it for investment decisions, please use it in coherence with other tools.
Thank you for reading!
Session Profile AnalyzerWhat’s This Thing Do?
Hey there, trader! Meet the Session Profile Analyzer (SPA) your new go-to pal for breaking down market action within your favorite trading sessions. It’s an overlay indicator that mixes Rotation Factor (RF), Average Subperiod Range (ASPR), Volume Value Area Range (VOLVAR), and TPO Value Area Range (TPOVAR) into one tidy little toolkit. Think of it as your market vibe checker momentum, volatility, and key levels, all served up with a grin.
The Cool Stuff It Does:
Rotation Factor (RF) : Keeps tabs on whether the market’s feeling bullish, bearish, or just chilling. It’s like a mood ring for price action shows “UP ↑,” “DOWN ↓,” or “NONE ↔.”
ASPR : Averages out the range of your chosen blocks. Big swings? Tiny wiggles? This tells you the session’s energy level.
VOLVAR : Dives into volume to find where the action’s at, with a smart twist it adjusts price levels based on the session’s size and tiny timeframe moves (capped at 128 so your chart doesn’t cry).
TPOVAR : Grabs lower timeframe data to spot where price hung out the most, TPO-style. Value zones, anyone?
Dynamic Precision : No ugly decimal overload SPA matches your asset’s style (2 decimals for BTC, 5 for TRX, you get it).
How to Play With It:
Session Start/End : Pick your trading window (say, 0930-2200) and a timezone (America/New_York, or wherever you’re at).
Block Size : Set the chunk size for RF and ASPR like 30M if you’re into half-hour vibes.
Value Area Timeframe : Go micro with something like 1S for VOLVAR and TPOVAR precision.
Label : Size it (small to huge), color it (white, neon pink, whatever), and slap it where you want (start, mid, end).
How It All Works (No PhD Required):
RF : Imagine breaking your session into blocks (via Block Size). For each block, SPA checks if the high beats the last high (+1) or not (0), and if the low dips below the last low (-1) or not (0). Add those up, and boom positive RF means upward vibes, negative means downward, near zero is “meh.” Use it to catch trends or spot when the market’s napping.
ASPR : Takes those same blocks, measures high-to-low range each time, and averages them. It’s your volatility pulse big ASPR = wild ride, small ASPR = snooze fest. Great for sizing up session action.
VOLVAR : Here’s the fun part. It takes the session’s full range (high minus low), divides it by the average range of your tiny Value Area Timeframe bars (e.g., 1S), and picks a sensible number of price levels capped at 128 so it doesn’t overthink. Then it bins volume into those levels, finds the busiest price (POC), and grows a 70% value area around it. Perfect for spotting where the big players parked their cash.
TPOVAR : Grabs midpoints from those tiny timeframe bars, sorts them, and snips off the top and bottom 15% to find the 70% “value zone” where price chilled the most. Think of it as the market’s comfort zone great for support/resistance hunting.
Why You’ll Like It:
Whether you’re scalping crypto, swinging forex, or dissecting stocks, SPA’s got your back. Use RF to catch momentum shifts like jumping on an “UP ↑” trend or fading a “DOWN ↓” exhaustion. ASPR’s your secret weapon for sizing up trades: a big ASPR (say, 100 on BTC) means you can aim for juicy targets (like 1-2x ASPR) or set invalidations tight when it’s tiny (e.g., 0.001 on TRX) to dodge chop. VOLVAR and TPOVAR are your level-finders nail those key zones where price loves to bounce or break, perfect for entries, stops, or profit grabs. It’s like having a trading co-pilot who’s chill but knows their stuff.
Heads-Up:
Load enough history for those micro timeframes to shine (1S needs some bars to work with).
Keeps things light won’t bog down your chart even with decent-sized sessions.
Let’s Roll:
Slap SPA on your chart, tweak it to your style, and watch it spill the beans on your session. Happy trading, fam may your pips be plenty and your losses few!
RVI SD Band Oscillator | BinMastaThe RVI SD Band Oscillator is a momentum-based indicator that enhances trend analysis using the Relative Vigor Index (RVI) with Standard Deviation (SD) Bands. It refines signals by incorporating a signal line and dynamically adjusting bands based on market volatility.
Core Components:
RVI Calculation: Measures price momentum relative to past movements.
Signal Line: A smoothed version of RVI to identify crossovers.
SD Bands: Standard deviation-based boundaries to gauge overbought/oversold conditions.
Trading Logic:
Trend Direction: Determined by RVI crossover with the signal line.
Momentum Confirmation: Identifies shifts in buying and selling strength.
Trade Signals:
Bullish when the trend is up & the signal is near the lower band.
Bearish when the trend is down & the signal is near the upper band.
Visual Features:
Colored candles highlight potential trend shifts.
Signal line plot provides additional confirmation.
Disclaimer:
This indicator is for educational purposes only and should not be considered financial advice. Past performance is not indicative of future results. Always conduct your own analysis and risk management before making trading decisions. 🚀
Adapted RSI w/ Multi-Asset Regime Detection v1.1The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of an asset's recent price changes to detect overbought or oversold conditions in the price of said asset.
In addition to identifying overbought and oversold assets, the RSI can also indicate whether your desired asset may be primed for a trend reversal or a corrective pullback in price. It can signal when to buy and sell.
The RSI will oscillate between 0 and 100. Traditionally, an RSI reading of 70 or above indicates an overbought condition. A reading of 30 or below indicates an oversold condition.
The RSI is one of the most popular technical indicators. I intend to offer a fresh spin.
Adapted RSI w/ Multi-Asset Regime Detection
Our Adapted RSI makes necessary improvements to the original Relative Strength Index (RSI) by combining multi-timeframe analysis with multi-asset monitoring and providing traders with an efficient way to analyse market-wide conditions across different timeframes and assets simultaneously. The indicator automatically detects market regimes and generates clear signals based on RSI levels, presenting this data in an organised, easy-to-read format through two dynamic tables. Simplicity is key, and having access to more RSI data at any given time, allows traders to prepare more effectively, especially when trading markets that "move" together.
How we calculate the RSI
First, the RSI identifies price changes between periods, calculating gains and losses from one look-back period to the next. This look-back period averages gains and losses over 14 periods, which in this case would be 14 days, and those gains/losses are calculated based on the daily closing price. For example:
Average Gain = Sum of Gains over the past 14 days / 14
Average Loss = Sum of Losses over the past 14 days / 14
Then we calculate the Relative Strength (RS):
RS = Average Gain / Average Loss
Finally, this is converted to the RSI value:
RSI = 100 - (100 / (1 + RS))
Key Features
Our multi-timeframe RSI indicator enhances traditional technical analysis by offering synchronised Daily, Weekly, and Monthly RSI readings with automatic regime detection. The multi-asset monitoring system allows tracking of up to 10 different assets simultaneously, with pre-configured major pairs that can be customised to any asset selection. The signal generation system provides clear market guidance through automatic regime detection and a five-level signal system, all presented through a sophisticated visual interface with dynamic RSI line colouring and customisable display options.
Quick Guide to Use it
Begin by adding the indicator to your chart and configuring your preferred assets in the "Asset Comparison" settings.
Position the two information tables according to your preference.
The main table displays RSI analysis across three timeframes for your current asset, while the asset table shows a comparative analysis of all monitored assets.
Signals are colour-coded for instant recognition, with green indicating bullish conditions and red for bearish conditions. Pay special attention to regime changes and signal transitions, using multi-timeframe confluence to identify stronger signals.
How it Works (Regime Detection & Signals)
When we say 'Regime', a regime is determined by a persistent trend or in this case momentum and by leveraging this for RSI, which is a momentum oscillator, our indicator employs a relatively simple regime detection system that classifies market conditions as either Bullish (RSI > 50) or Bearish (RSI < 50). Our benchmark between a trending bullish or bearish market is equal to 50. By leveraging a simple classification system helps determine the probability of trend continuation and the weight given to various signals. Whilst we could determine a Neutral regime for consolidating markets, we have employed a 'neutral' signal generation which will be further discussed below...
Signal generation occurs across five distinct levels:
Strong Buy (RSI < 15)
Buy (RSI < 30)
Neutral (RSI 30-70)
Sell (RSI > 70)
Strong Sell (RSI > 85)
Each level represents different market conditions and probability scenarios. For instance, extreme readings (Strong Buy/Sell) indicate the highest probability of mean reversion, while neutral readings suggest equilibrium conditions where traders should focus on the overall regime bias (Bullish/Bearish momentum).
This approach offers traders a new and fresh spin on a popular and well-known tool in technical analysis, allowing traders to make better and more informed decisions from the well presented information across multiple assets and timeframes. Experienced and beginner traders alike, I hope you enjoy this adaptation.
Momentum Divergence SignalDescription:
The Momentum Divergence Signal is a powerful tool that identifies potential trend reversals by analyzing the interaction between price movements and main oscillators. It highlights moments when price action diverges from the following, which can be a key signal of a trend shift. The most important aspect of this indicator is its ability to detect bullish and bearish divergences.
Coming to the critical part, it is highly recommended to pair this indicator with another trend confirmation tool for improved decision-making, as it works on catching both trend continuation and reversal signals, but it is always favored to match use it as a trend continuation entry provider.
Core Functionality:
Session-Based Signals:
The indicator limits signals to specific market sessions: the Asian, London, and US sessions, optimizing trade opportunities during active trading hours.
Cooldown Mechanism:
To prevent signal spamming, a cooldown period of at least 8 bars is required between each signal, ensuring that new signals are spaced out and not over-generating.
Divergence with Trend Confirmation:
While the RSI divergence alone can highlight potential trend shifts, this script is best paired with other trend-following indicators to filter out false signals. This ensures that the divergence signal is part of a broader, more reliable trend-following strategy.
Visual Components:
Buy and Sell Arrows: Visual arrows on the chart where the divergence occurs, accompanied by "Buy" and "Sell" labels in white to clearly indicate the signal points.
Advanced Concepts:
Divergence as a Reversal Signal: The key strength of this indicator lies in detecting divergences that can indicate a trend reversal. Divergences often precede significant changes in price direction, offering potential opportunities for traders to enter or exit positions before the trend fully shifts.
Pairing with Trend Confirmation Indicators: Since divergence signals can sometimes produce false positives, the most effective use of this tool comes when paired with a trend-following indicator (such as moving averages or price action analysis) to validate the reversal signals.
Applications:
Trend Reversal Detection: Monitor for divergences between price action and RSI to identify potential trend reversals. These signals are most useful when combined with trend confirmation tools to ensure the validity of the reversal.
Strategic Use in Trend-Following Systems: This indicator is best employed within a trend-following strategy where it serves as an additional confirmation signal for market shifts. While it can identify potential reversal points, its strength lies in its ability to identify shifts in momentum within an ongoing trend.
Real-Time Visual Feedback: The "Buy" and "Sell" signals, that are displayed directly on the chart, providing real-time context for traders.
Disclaimer: This indicator is designed for informational purposes only and should not be considered financial advice. Traders should combine it with other market analysis tools and perform their own research before making trading decisions.
Trendfilter AD1
The "Trendfilter AD1" indicator is a versatile tool for trend detection that combines volume changes, price ranges, ATR (Average True Range), and moving averages. It also considers the momentum of True High/Low over a specified period (PROFF). The indicator integrates various mathematical calculations to measure market trends and volatility. Key features include the use of Powerbar colors, which indicate significant activity from large market participants.
Trendfilter LW
The Trendfilter LW section of the script calculates trend strength by comparing short-term and long-term simple moving averages (SMA) of closing prices, and by assessing cumulative price differences. The result is displayed as a histogram, with positive values indicating bullish trends and negative values indicating bearish trends. This helps traders visualize the strength and direction of long-term and short-term trends.
Trendfilter SP
The Trendfilter SP section combines volume changes, ATR data, and Z-score calculations to smooth out trend signals and provide a clearer assessment of market trends. It uses these data points to filter out noise and highlight significant trend changes. The combined Z-score, smoothed by an EMA, offers precise trend indications and helps traders identify whether the prevailing market forces are bullish or bearish.
What is it for?
The indicator helps traders identify trends and assess market volatility. By combining volume and price movements, it highlights potential trend reversals and shifts in market strength. The calculation of True High/Low (PROFF) measures market momentum over a set period, providing insights into price dynamics. The indicator also uses color-coded bars to represent different levels of market activity and trend strength, with Powerbar colors specifically highlighting major market moves driven by large traders.
How is it used?
Traders can customize the indicator through settings such as Volume Change Periods, EMA periods, and the True High/Low period (PROFF). The indicator generates signals based on significant volume and price fluctuations, with trends displayed through color-coded bars. The Trendfilter LW section calculates trend strength using SMA and cumulative price differences, while the Trendfilter SP section combines volume and ATR data with Z-score calculations to smooth out trend signals. These elements together provide a clear picture of market direction and strength.
Uptrick: Adaptive Volatility Oscillator### **Overview and Purpose**
The **"Uptrick: Adaptive Volatility Oscillator"** is a sophisticated technical analysis tool designed to identify and visualize volatility trends within the financial markets. This indicator is particularly useful for traders and analysts who seek to understand the market's underlying momentum by analyzing the relationship between volume and price changes. It adapts to changing market conditions, providing a dynamic way to gauge overbought and oversold levels, identify potential reversals, and track the strength of market movements.
### **Core Components**
1. **Volume Oscillator Calculation**:
- **Purpose**: The volume oscillator is at the heart of this indicator. It measures the directional momentum of volume by comparing current volume levels with those of previous periods.
- **How It Works**: The oscillator calculates the difference between current and past volume levels, determining whether the market is experiencing buying or selling pressure. This is normalized to ensure the oscillator's values are comparable across different time frames and market conditions.
- **Normalized Oscillator**: To make the oscillator's readings more meaningful, the values are normalized by adjusting for standard deviation over a long period (150 bars). This step helps in smoothing out the noise and highlights significant shifts in market activity.
2. **Adaptive Filter Calculation**:
- **Purpose**: The adaptive filter refines the raw oscillator data to create a smoother signal that is responsive to market changes without being overly reactive to minor fluctuations.
- **Adaptive Coefficient**: This coefficient, set by the user, controls the sensitivity of the filter. A higher coefficient makes the filter more sensitive to recent changes, while a lower coefficient gives more weight to past data.
- **How It Works**: The filter applies a weighted average to the oscillator values, where recent data is given more importance. This creates a dynamic signal that adapts to the market's changing conditions, highlighting significant trends and potential turning points.
3. **Signal Line**:
- **Purpose**: The signal line serves as a benchmark for the filtered oscillator values, providing a basis for comparison to determine the current trend's strength.
- **Smoothing**: The signal line is smoothed over a user-defined period to ensure it represents the underlying trend accurately. This smoothing process reduces the noise and allows traders to focus on the more meaningful movements.
4. **Overbought/Oversold Zones**:
- **Purpose**: These zones help traders identify when the market is potentially overstretched and due for a correction. They are crucial for timing entry and exit points.
- **Thresholds**: The user-defined thresholds represent levels where the oscillator values are considered extreme. When the oscillator crosses these levels, it signals that the market may be overbought or oversold.
- **Visual Cues**: The indicator plots these zones on the chart, making it easy for traders to see when the market enters these critical areas. This visualization is vital for spotting potential reversals or continuations in the trend.
5. **Histogram Visualization**:
- **Purpose**: The histogram provides a visual representation of the volatility in the market, making it easier to interpret the oscillator's readings.
- **Color Coding**: The histogram bars are color-coded based on the filtered oscillator's relationship with the signal line. Green bars indicate a positive momentum (bullish), while red bars indicate negative momentum (bearish). This color-coding helps traders quickly assess the market's current state.
- **Intensity of Movement**: The height and color intensity of the histogram bars reflect the strength of the underlying trend. Higher bars with more intense colors signify stronger market movements.
6. **Buy and Sell Signals**:
- **Purpose**: The indicator provides explicit buy and sell signals based on the oscillator's interaction with the signal line and the overbought/oversold thresholds.
- **Buy Signal**: A buy signal is generated when the filtered oscillator crosses above the signal line while in the oversold zone. This suggests that the market may be reversing upwards from an oversold condition.
- **Sell Signal**: Conversely, a sell signal is generated when the filtered oscillator crosses below the signal line while in the overbought zone, indicating a potential downward reversal from an overbought condition.
- **Visual Representation**: These signals are visually represented on the chart with specific symbols, such as green circles for buy signals and red circles for sell signals, making them easy to spot.
### **Usefulness and Applications**
1. **Trend Identification**:
- The indicator is highly effective in identifying the current trend and its strength. By analyzing the relationship between the oscillator and the signal line, traders can determine whether the market is in an uptrend, downtrend, or ranging. The adaptive nature of the filter ensures that the trend signals remain relevant even as market conditions change.
2. **Volatility Analysis**:
- Understanding market volatility is crucial for risk management and strategy development. This indicator provides a clear view of how volatility is evolving, helping traders adjust their strategies accordingly. For example, higher volatility might suggest the need for tighter stop losses or more conservative position sizes.
3. **Overbought/Oversold Detection**:
- The overbought and oversold zones are essential for identifying potential reversal points. These zones can be used to time entries and exits, particularly in markets that are prone to mean reversion. The visual cues provided by the indicator make it easier to spot when the market might be overstretched.
4. **Adaptive Filtering**:
- The adaptive filter is a significant advantage of this indicator. Unlike static filters, which might lag or react too quickly to noise, the adaptive filter adjusts to the market's pace. This makes the indicator versatile, suitable for different market conditions, and less prone to giving false signals.
5. **Visual Clarity**:
- The indicator is designed with visual clarity in mind. The color-coded bars and overbought/oversold zones make it easy to interpret the market's current state at a glance. This is particularly useful for traders who rely on quick decision-making or need to monitor multiple assets simultaneously.
6. **Customizability**:
- The indicator offers several user inputs that allow traders to customize it according to their trading style and market of interest. This includes the length of the volume period, the sensitivity of the adaptive filter, and the thresholds for overbought/oversold conditions. Such flexibility makes it a valuable tool for both short-term traders and long-term investors.
### **Conclusion**
The "Uptrick: Adaptive Volatility Oscillator" is a powerful and versatile indicator that blends volume analysis with adaptive filtering to provide a nuanced view of market trends and volatility. Its ability to identify overbought and oversold conditions, coupled with its adaptive nature, makes it an indispensable tool for traders looking to gain an edge in the markets. Whether you're aiming to spot trend reversals, confirm the strength of ongoing trends, or manage risk through volatility analysis, this indicator offers the insights needed to make informed trading decisions. Its clear visual signals and customizable parameters further enhance its utility, making it suitable for a wide range of trading strategies and market environments.
Momentum imbalance (internal liquidity) by CUWe have developed a sophisticated indicator to detect momentum, imbalance, and internal liquidity within financial markets. Designed to leverage real-time data analysis, this tool aims to assist traders in making more informed decisions.
The momentum component of the indicator calculates the rate at which prices move. By measuring price changes over a specific period, the indicator can show whether an asset is likely to continue rising or falling. This helps traders identify when a trend is gaining strength or beginning to wane.
Market imbalance is analyzed by observing the disparity in buy and sell orders. Our indicator identifies significant deviations between supply and demand, which can indicate potential turning points or accelerations in market movement. This aspect is crucial for understanding the underlying forces that influence price changes.
Regarding internal liquidity, our indicator measures the market depth and the availability of liquid assets. This component is essential for assessing how easily assets can be bought or sold without significantly impacting the price. High internal liquidity indicates a healthy market where transactions are executed quickly and efficiently, while low liquidity can lead to increased volatility and potential price manipulation.
By integrating these three components, our indicator provides a holistic view of market dynamics, enabling traders to operate more strategically and with greater confidence.
ROC Since MorningThe "ROC Since Morning" indicator is designed for traders who wish to gauge the momentum of an asset from a specific time in the morning, allowing for a customizable analysis of pre-market and intraday movements. This indicator calculates the Rate of Change (ROC) from a user-defined hour, offering insights into how the price has moved since then.
How to Use:
Add the "ROC Since Morning" indicator to your chart.
Adjust the start hour input to your preferred time, considering pre-market hours or the official market opening time.
Analyze the ROC values to understand price movements and momentum since your specified start hour. A positive ROC indicates an upward price movement, while a negative ROC suggests downward movement.
Forex Multi-Factor IndicatorMoving Averages (MA):
Two moving averages are plotted on the chart: a fast MA (blue line) and a slow MA (red line).
The fast MA is calculated using a shorter period (10 periods by default), while the slow MA is calculated using a longer period (30 periods by default).
Moving averages help identify trends by smoothing out price fluctuations. When the fast MA crosses above the slow MA, it suggests a bullish trend, and when the fast MA crosses below the slow MA, it suggests a bearish trend.
Relative Strength Index (RSI):
The RSI indicator (orange line) is plotted on a separate axis.
RSI measures the speed and change of price movements and oscillates between 0 and 100.
RSI values above 70 are considered overbought, indicating a potential reversal to the downside, while RSI values below 30 are considered oversold, indicating a potential reversal to the upside.
Volume Moving Average (Volume MA):
The volume moving average (purple line) is plotted on the same axis as the volume.
The volume moving average is calculated over a specified period (20 periods by default).
Volume analysis provides insights into the strength of price movements. When the volume increases along with price movements, it suggests strong conviction from traders.
Buy and Sell Signals:
Buy signals (green triangle) are generated when all of the following conditions are met:
The fast MA crosses above the slow MA (indicating a bullish trend).
The RSI is below the oversold level (indicating potential upward momentum).
The current price is above the fast MA, and the volume is higher than the volume MA (indicating positive volume trend).
Sell signals (red triangle) are generated when all of the following conditions are met:
The fast MA crosses below the slow MA (indicating a bearish trend).
The RSI is above the overbought level (indicating potential downward momentum).
The current price is below the fast MA, and the volume is lower than the volume MA (indicating negative volume trend).
Overall, this multi-factor indicator combines moving averages, RSI, and volume analysis to identify potential buying and selling opportunities in the Forex market. Traders can use the signals generated by this indicator as part of their trading strategy, but it's important to consider other factors such as risk management and market conditions before making trading decisions
Momentum Candle
bar’s open price (open) from its close price (close). That gives the size of the bar’s body.
The difference between the open and closed is the candle’s body range.
The colour of a candle’s body shows the direction of prices.
if Close > Open then it's Bullish Body Candle & if close < open then it's Bearish Body Candle.
Stronger the interest of buyers or sellers is reflected in the formation of the Body of Candle.
When the body is indeed more than 50% bigger than the average size of a candle
then it will show Momentum on the chart.
we can see the Colour of the candle Changes When it is Stronger than the Average candle & Body size is Bigger than the Average Candle size.
Depending upon Bullish or Bearish the candle Colour Changes to Indicate the Strong Presence of the Buyer or Seller
The Candle which strong but not solid and above Average then it will show Normal Colour Of Candle and the Candle which is Below Average will have no colour on Volume Like Bars on the Chart & chart no effect on the candle colour.
Buyer or Seller's Activity is always reflected in Candle. This helps us to make Trade Decisions.
If Solid Candle at Support or Resistance give or add more Conviction. If Found At Support or resistance will act as Reversal. If found at Swing Low or Retracement, it will help to take trade accordingly with the main trend.
Solid Candle Helps in Good Risk to Reward. Mark the High and Low Of the Strong Candle and observe the Price Action.
as long as the candle is trading below average helps us to take action for Range Breakout & saves us from Taking Entry in Range.
The Distribution at the Top and consolidation at the Bottom can be Observed by the Behaviour of Candles on the Chart.
The candle is always a little first step of price action, Whatever Happens in the market is always first printed in a candle,
The Leader Candle or Momentum Candle with Follow always Decides the Trend.
It's Simple But useful in Day Trading as well as in Swing Trading or Positional Trading too
TrendGuard Pullback Trader Signals [Quantigenics]The "TrendGuard Pullback Trader Signals" script, integral to the "TrendGuard Pullback Trader" system, offers a sophisticated suite of trading tools for nearly any market or time frame. Designed to be used alongside the "TrendGuard Pullback Trader Indicators" script, this script is pivotal for identifying Buy/Sell Signals, Profit Target Signals, and Stop Loss Levels.
As with all of our scripts, the "TrendGuard Pullback Trader Signals" script, is designed to work on ANY symbol and time frame. The input parameters can be adjusted to fit your specific trading style.
Methodology and Application:
The script's core methodology lies in identifying primary signals at the onset of a trend and secondary signals during pullbacks or dips. It focuses on pinpointing optimal entry points during market pullbacks, enhancing the "TrendGuard Pullback Trader Indicators" script with well-timed signals for profit targets and stop loss levels.
Technical Composition:
The "TrendGuard Pullback Trader Signals" script combines various technical analysis tools to generate comprehensive trading signals. It calculates stop levels by assessing the highest and lowest bars over a chosen period, defining the market range. Primary signals are derived using a triple exponential moving average (EMA) of logarithmic closing prices, identifying trend changes with stop level plots and directional arrows. For secondary signals, the script uses a sequence of EMAs applied to the average price (HLC3) and an oscillator that measures the extremity of recent price movements, pinpointing potential entry points. The script also incorporates a sideways exit mechanism, comparing short-term and long-term EMAs of the average price to detect significant deviations, suggesting exit opportunities. This layered strategy offers a detailed perspective on market trends, momentum, and possible entry and exit points.
EMA-Based Trend Analysis Algorithm :
Utilizes an advanced algorithm that incorporates exponential moving averages (EMA) with specific length parameters. This algorithm analyzes the slope and direction of EMA lines to identify significant shifts in market trends.
Primary Signal Generation : Logarithmic and Triple EMA Function:
Primary signals are derived from a unique logarithmic function applied to price data, which is then processed through a series of three EMAs with distinct period settings. This combination targets potential trend initiation points by detecting shifts in the logarithmic trend curve.
Dynamic Stop Level Determination :
Employs a methodology involving the calculation of recent high and low price bars, adjusted by a factor that considers market volatility. This factor dynamically alters the sensitivity of the stop levels, aligning them with current market conditions.
Secondary Signal Identification During Pullbacks :
Secondary signals are identified through a complex comparison of the market's relative position to its moving averages. This involves calculating the divergence between price and moving averages, adjusted for the rate of change in the market, to flag strategic entry points during pullbacks.
Composite Market Trend Analysis for Signal Mechanism :
Signal generation integrates a composite of multiple technical indicators, each contributing unique mathematical calculations. This integration enhances the accuracy and reliability of entry and exit signals.
Practical Application in Trading :
> For trade initiation, primary signals are used to identify the start of potential trends, applying a specific mathematical threshold to confirm the trend change. Secondary signals focus on quantifying the pullback depth relative to recent market movements for additional entry opportunities.
> The script's dynamic stop loss adjustment incorporates a calculated moving average of recent highs and lows, providing a responsive and protective mechanism for open positions.
How to Use the Script:
Trade Initiation : Primary signals at trend onset can be used for potential entry points, or to simply establish a trend-bias, to watch for Strategic Entries signals.
Strategic Entries on Pullbacks : Secondary signals provide opportunities for additional entries or scaling into positions during pullbacks within the main trend.
Profit Targets and Exit Strategy : Profit target signals serve as potential exit points. For larger positions, consider partial exits at these targets while adjusting stop loss levels to secure profits, and hold the remaining position for further potential gains.
Dynamic Risk Management : Regularly adjust stop loss levels based on the script's dynamic stop level determination to protect against market reversals and lock in profits.
Integration with TrendGuard Pullback Trader Indicators:
The script is designed and intended to be used in conjunction with the "TrendGuard Pullback Trader Indicators ". This integration ensures a holistic approach to market analysis, combining the strengths of both scripts for a comprehensive understanding of market trends, momentum, and entry points.
Note: The lower indicators are from the 'TrendGuard Pullback Trader Indicators' script, complementing the 'TrendGuard Pullback Trader Signals' script seen here, which generates the 'cloud' and signals on the price chart.
The 'TrendGuard Pullback Traders Indicators” script can be found here :
Input Parameter Settings:
Important Usage Guidance: For seamless integration with its counterpart, the "TrendGuard Pullback Trader Indicators" script, it's crucial to align the input parameter settings across both scripts. When adjusting values from their defaults, ensure that corresponding parameters in both scripts are identically set. This synchronization is key to achieving a cohesive and accurate representation on your charts.
Intra-Bar Order Generation (IntraBar): Determines whether signals are generated within the current bar or only after it closes, enhancing flexibility in signal timing.
Stop Level Strength (StopLvlStr): Sets the strength for calculating stop levels, impacting the sensitivity of the script to market highs and lows for stop placement.
Primary Signal Display (PrimON_OFF): Toggles the visibility of primary signals on the chart, aiding in identifying trend initiation points.
Secondary Signal Display (SecON_OFF): Controls the display of secondary signals for opportunities during pullbacks, allowing traders to capitalize on additional entry points.
Stop Loss Level Display (StopLossLvls): Enables or disables the visualization of stop loss levels, crucial for risk management strategies.
Trend Length (TrendLen): Adjusts the length parameter for the EMA calculations, influencing how the script interprets trend duration and strength.
These parameters allow traders to customize the script’s functionality according to their trading style and preferences, ensuring a tailored approach to signal generation and risk management.
Trade Alerts:
The script includes an advanced alert system designed to notify traders of crucial trading signals. This can Especially be useful when using larger time frames where trade setups can take a longer period of time to develop:
Primary Buy/Sell Alerts: Alerts are triggered at primary signals, indicating potential trend initiation points for entering trades.
Secondary Buy/Sell Alerts: These alerts activate during secondary signals, highlighting opportunities within ongoing trends for strategic entries or exits.
Stop Loss Level Alerts: The script can alert traders when the price reaches or crosses the script-determined stop loss levels, aiding in timely decision-making for risk management.
Sideways Exit Alerts: Alerts for potential exits are generated in sideways market conditions, based on the script’s analysis of average price movements.
To set up these alerts, traders can use TradingView’s alert system to specify the conditions under which they receive notifications, such as when a certain shape (e.g., arrow up for buy, arrow down for sell) appears on the chart. This feature helps traders stay informed and react promptly to the dynamic market conditions.
The "TrendGuard Pullback Trader Signals " script is a meticulously crafted tool, essential for traders aiming to enhance their market analysis and decision-making across diverse trading environments. While the script offers advanced functionalities, it reaches its full potential when used alongside the "TrendGuard Pullback Trader Indicators" script. Traders are advised to familiarize themselves with both scripts for a well-rounded trading strategy.
As always, remember that trading involves risks and past performance is not indicative of future results.
You can see the “Author’s instructions" below to get immediate access to TrendGuard Pullback Trader Signals & the rest of the “Quantigenics Premium Indicator Suite”.
VAcc (Velocity & Acceleration)VAcc (Velocity & Acceleration) is a momentum indicator published by Scott Cong in Stocks & Commodities V. 41:09 (8–15). It applies concepts from physics, namely velocity and acceleration, to financial markets. VAcc functions similarly to the popular MACD (Moving Average Convergence Divergence) indicator when using a longer lookback period, but produces more responsive results. With shorter periods, VAcc exhibits characteristics reminiscent of the stochastic oscillator.
🟠 Algorithm
The average velocity over the past n periods is defined as
((C - C_n) / n + (C - C_{n-1}) / (n - 1) + … + (C - C_i) / i + (C - C_1) / 1) / n
At its core, the velocity is a weighted average of the rate of change over the past n periods.
The calculation of the acceleration follows a similar process, where it’s defined as
((V - V_n) / n + (V - V_{n - 1}) / (n - 1) + … + (V - V_i) / i + (V - V_1) / 1) / n
🟠 Comparison with MACD
A comparison of VAcc and MACD on the daily Nasdaq 100 (NDX) chart from August 2022 helps demonstrate VAcc's improved sensitivity. Both indicators utilized a lookback period of 26 days and smoothing of 9 periods.
The VAcc histogram clearly shows a divergence forming, with momentum weakening as prices reached new highs. In contrast, the corresponding MACD histogram significantly lagged in confirming the divergence, highlighting VAcc's ability to identify subtle shifts in trend momentum more immediately than the traditional MACD.
Momentum EruptionIndicator: Momentum Eruption , using momentum to capture swing trading.
⏩Principle overview:
The core of Momentum Eruption is divided into two parts. One is to identify the trend direction. This is relatively clear. It is usually more effective to identify the direction through moving averages such as SMA or EMA. The second is to identify trading opportunities and use the idea of following the trend in large cycle and reversing the trend in small cycle. For example, when the large cycle is bullish and the small cycle is callback, if there are oversold conditions, a rebound from the previous low support, a long downward pin-bar, and an increase in trading volume at the same time, the extreme value of the price rebound or correction can be calculated. When following the trend, go long at the extreme value of the callback and go short at the extreme value of the rebound.
⏩Usage：
Signal: "B" stands for long buy signal. "S" stands for short sell signal.
Support and resistance: "Purple areas" represent support areas and "yellow areas" represent resistance areas.
🧿Tip I：
Adaptive signal. Take long buying as an example. When the purple area representing the support range appears, the market is bullish. If a "B" signal appears at this time, it means that you can consider buying and do a wave of short-term trading.
Usually there will be many short-term trading opportunities in a wave of rising trend.
🧿Tip II：
Since the market is reciprocating, the indicator will prompt many signals when it is trending. Each signal is observed and used independently, and it does not prompt the closing and profit taking points. Take profit and stop loss can be set according to your own trading cycle and style.
Regardless of whether it rises or falls, there will always be many swings that can be captured in the trend.
*The signals in the indicators are for reference only and not intended as investment advice. Past performance of a strategy is not indicative of future earnings results.
True OscillatorThe True Oscillator is an exceptional trading indicator that provides traders with highly accurate and reliable signals. While the RSI has been a popular indicator for decades, it has limitations, as it only considers closing price action which can be insufficient in providing a complete market trend analysis.
The True Oscillator, on the other hand, has been meticulously crafted to address these limitations. It considers multiple critical data points, including Close, High, Low, Open, Moving Averages, Weighted Moving Averages, Balance of Power, Center of Gravity, Average Sentiment, and Volume Weighted Moving Averages. These data points are perfectly weighted and blended into a single index momentum oscillator, replacing the RSI.
What makes the True Oscillator exceptional is its superior accuracy on individual bars. Since it considers more data points, it provides a more comprehensive picture of market trends, allowing traders to make better trading decisions based on highly accurate signals. Furthermore, the True Oscillator's accuracy throughout market swings ensures that traders have more reliable signals on both the upswing and downswing.
In terms of overall accuracy, the True Oscillator's ability to weigh and blend multiple data points results in a highly robust and reliable indicator that traders can depend on. The True Oscillator's unparalleled accuracy provides traders with a highly dependable indication of market trends.
The True Oscillator is a powerful trading indicator that has taken technical analysis to the next level. Its ability to consider multiple data points makes it a more reliable indicator than other momentum oscillators.
