CoffeeShopCrypto 3pl MAThe CoffeeShopCrypto 3pl MA indicator is a technical analysis tool that uses three different moving averages to identify trends in the price of an asset. The three moving averages have lengths of 12, 26, and 50. If these numbers sound familiar its because they are based off the standard of the MACD indicator, and can be either simple moving averages (SMA) or exponential moving averages (EMA), depending on user preference.
The following is plotted on the chart
The fast EMA/SMA (based on the 12-period length) in yellow.
The mid EMA/SMA (based on the 26-period length) in gray.
The slow EMA/SMA (based on the 50-period length) in either green or red, depending on whether the current close price is above or below the Overall Trend MA.
In addition to the moving averages, the indicator also calculates the MACD (Moving Average Convergence Divergence), and uses it to color the bars based on the momentum of the asset.
The MACD is calculated using two user-defined lengths (fast and slow), as well as a user-defined smoothing length for the signal line. The oscillator and signal line can be either SMA or EMA, and the colors of the MACD bars are based on whether the histogram is growing or falling, and whether it is above or below the zero line.
Overall, this indicator provides traders with a comprehensive tool for understanding the trend of an asset, as well as the momentum behind that trend. The moving averages provide a clear visual representation of the trend, while the MACD bars give insight into the strength of that trend and potential shifts in momentum.
---------------LONG ENTRY----------------
MA1 above MA2 and Overall trend = Green
IF RSI is above its midline you are confirmed for a long entry
-----------Short Entry--------------
MA1 below MA2 and Overall trend = Red
IF RSI is below its midline you are confirmed for a short entry
Komut dosyalarını "momentum" için ara
RSI Potential Divergence - FontiramisuIndicator showing potential momentum divergences on RSI Momentum.
The problem with the classic divergence is that when the signal appears, it is sometimes too late to enter a trade.
The potential divergence corrects this problem by signaling the beginning of a potential divergence.
RSI is a momentum indicator that offers relevant insights with divergences.
Potential divergences are indicated with the letter B and a red color for Bearish Div or Green color for Bullish Div .
Potential divergence is confirmed when the line and the label "Bear"' or "Bull" appear.
Leading MACD (Expo)Leading MACD (Expo) is designed to anticipate future price action, enabling traders to predict market movements ahead of time. The idea of a leading indicator is that traders can get in before the price move happens and ride the entire trend.
█ Moving average convergence divergence (MACD) is considered one of the most effective momentum and trend-following oscillators. However, the MACD is based on historical price action, making it a lagging indicator. A lagging indicator usually provides signals or insight once the price movement has passed or is in progress. That is why lagging indicators often are used to confirm a price trend or a move. On the other hand, the MACD histogram is more of a leading feature that can act as a sign of future trend changes.
█ The Leading MACD indicator takes all advantages of the traditional MACD and converts it into a fast-moving and leading oscillator that provides real-time insights about potential future price moves. As a result, it gives traders time to analyze a possible upcoming price move before it happens and be prepared for what's coming. However, the leading MACD should be combined with other forms of technical analysis to confirm potential entries and exits.
█ Leading vs. Lagging MACD
The leading MACD looks ahead and helps traders prepare for potential price moves. The traditional (lagging) MACD confirms price action that already has happened. A leading indicator reacts quicker to price changes, while a lagging indicator reacts slower. The different types of MACD have their own advantages and drawbacks, so make sure you understand the leading MACD and see if it fits in with your trading strategy.
█ HOW TO USE
Use the Leading MACD to get insights about potential price changes ahead of time. Get insights about whether a bullish or bearish move is strengthening or weakening. Other common ways are looking for divergences, finding trends, and measuring current momentum.
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. 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.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Williams %R - SmoothedFrom TradingView's description:
Williams %R (%R) is a momentum-based oscillator used in technical analysis, primarily to identify overbought and oversold conditions. The %R is based on a comparison between the current close and the highest high for a user defined look back period. %R Oscillates between 0 and -100 (note the negative values) with readings closer to zero indicating more overbought conditions and readings closer to -100 indicating oversold. Typically %R can generate set ups based on overbought and oversold conditions as well overall changes in momentum.
What's special?
This indicator adds two additional EMA lines to the original Williams %R indicator. Default EMA lengths are 5 and 13. The result is 2 smoother average lines, which are easier to read.
This indicator includes:
- signals for EMA crosses. EMA crosses can help indicate confirmed trend changes. Default colors are green and red
- signals for trend reversals on the faster EMA line. Default colors are blue and orange
Alerts available for bullish/bearish crossovers and reversals.
Enjoy~~!
Comet Coloring SpaceManBTC Comet Coloring SpaceManBTC
Comet Coloring is a trend coloring tool used to provide additional confluences to trading. Using the tools together on dip entries the color shift can be used to detect a change in trend/show a weakening trend. Green for an uptrend, Red for downtrend and yellow for waning momentum.
Comet Coloring also comes with a guide line for trading, the line itself is not used in the calculation of trend but has its own trend analysis applied to determine an entry point on failures of claiming the line from either side allowing for directional plays long or short. This can be disabled in settings.
The Trend analysis comes in 2 forms, normal and smoothed , smoothed will filter some noise in sacrifice of early detections.
Aggregator is a proprietary determinent of how much data can be referenced, lowering the aggregate is better and produces more accurate results, the downside is load times.
Auto Aggregator is the primary difference by providing its own calculations very different to how previous auto calculations have worked in spacemanbtc indicators, this aggregator is a work in progress but should produce results that can be replicated accross all coins. Doing so allows for chart by chart switching and is useful for anyone who is in need of quick trend analysis.
The benefits of waning momentum , waning momentum was shown to show potential weakness in trend but also give oppurtunity to enter trend on a pull back, it can signify stagnation or minimal decrease in price allowing for a pull back entry on a strong uptrend.
To Do:
Reversion weakness detection is being considered.
Highlight areas where guide line reclaim has failed
+ Rate of Change (and OBV)The Rate of Change, or RoC, is a momentum indicator that measures the percentage change in price between the current period and the price n periods ago. It oscillates above and below a zeroline, basically showing positive or negative momentum. I applied the OBV's calculation to it, but without the inclusion of volume (also added a lookback period) to see what would happen.
Actually what happened was I was looking at hot-rodding the OBV indicator, but then wondered if I could apply the cumulative calculation to another indicator to see what would happen. Not sure why I chose the Rate of Change, but it seemed a neat idea. And it worked! And so I called it the "Cumulative Rate of Change." I only recently realized that this is actually just the OBV without volume, HOWEVER the OBV does not have a lookback period, and its source is the close of each period. Basically, when you look at the calculation for the OBV you'll notice that it's a cumulative measure of the "change" of the closing price against the previous close times the volume. The Rate of Change is basically that measurement over more than one period, excluding the volume, and is not cumulative. Thus the "Cumulative Rate of Change" is basically an OBV without the volume but with the capability to adjust the lookback period.
Anyway, after days and weeks of playing with the indicator pretty infrequently I did decide that I actually really liked it, especially with the addition of moving averages and bollinger bands. So I decided to play with it a bit more.
I added a drop-down menu to include the standard Rate of Change indicator, and then thought I may as well add the OBV too, in case someone might like to compare that to the C-RoC, or just wants an OBV with myriad moving averages and bollinger bands.
By default I have the indicator set to the "C-RoC" and the lookback is set to 1, but play with longer settings (this is pretty much necessary if using the traditional RoC, which is by default set to 10 in TradingView, and is nigh on useless at 1).
I also recommend playing with the source. 'Close' is nice, but 'ohlc4' provides some very nice signals as well, as it follows the price flow for each period completely, filtering the noisiness of 'close' as source.
Hope you guys like this. With the bollinger bands and your preferred moving average settings this can be a powerful tool for re-entering trades in trend, taking profits, determining momentum swings.
MarketSniffer BMarketSniffer B is a custom made indicator made by 2 friends that combined 2 strategies to make 1 indicator. It can detect good moments to buy and sell based on our strategy.
The indicator gives the same signals als marketsniffer A but has a diffrent way of showing it by using a histogram to make the momentum more clear when a buy / sell signal will be printed.
Marketsniffer B can be used in any market since its for a big part based on momentum. Although we recommend using it in the crypto market since it was tested and mainly made for crypto.
How to use it: MarketSniffer B can be used in many ways, own strategies can be made.
Example strategy: Lower timeframes (anything below the 1d) if the price is trading above the yellow 200 EMA, take the buy signals. If its trading below the 200 ema and you see a sell signal then sell / short
Example strategy: Higher timeframes (anything above the 1d) Any timeframe above the 1d, the 200 ema rule doesn't exist. Any buy signals should be good for taking a spot position. The sell signals therfore are NOT short signals but sell signals. Its just points to take profit from the buy signal.
Example strategy: Divergences and trendlines can be drawn on the waves as strategy. This indicator also had a RSI with EMA that can be used for this.
Its recommended to use the small timeframe signals (anything below 1d) for leverage trading. Any signals above 1day timeframe should be spot trading.
This indicator should be used in combination with MarketSniffer A
Use the link on our profile to get acces to this indicator.
Stochastic CandlesA series of up to 28 stochastics oscillators used to form an average stochastic value, which is then used to colour the candles based on the momentum.
Each candle can be coloured one of ten colours and each one represents a position on the stochastic oscillator.
The indicator helps traders to visualise the momentum and helps trend following.
Inputs:
MA: multiple smoothing methods
Theme: multiple colours
Increment: stochastic length start and increments
End: stochastic length end
Smooth: smooth stochastic
UCS_Top & Bottom CandleThis is an experimental Indicator based on Momentum. Picks the Top & Bottom Candle for most Swing. Please post your opinion or suggestion to improve this indicator.
I have not back tested this completely. This is recently developed Indicator.
Visual ProwessVisual Prowess: Ultimate Visual of Price Action Indicator
Overview
Visual Prowess is a Pine Script indicator that integrates Trend, Momentum, Strength/Weakness, Money Flow, and Volatility into a single, intuitive interface. Scaled from 0 to 100, it provides traders with clear bullish (>50) and bearish (<50) zones. Visual Prowess is made up of several data components which will be explained below. All these components have custom thresholds that lead to Green Dot Buy Signals and Red Dot sell signals. Designed for multi-timeframe analysis, it helps traders anticipate market moves with precision seeing behind the scenes of price action.
The fundamental inputs of price action are made up of different variables -- the components of Trend Strength, Volatility, Momentum, Money Flow/Volume and Overbought/Oversold. These are very important inputs market makers use. From what I've learned in my trading journey (always still learning), this is the data I value most important. This is why I combined all these components into one indicator.....to be an ultimate visual—this extrapolation of different pieces of data is the Visual Prowess.
What It Does
Visual Prowess combines five key market factors into a unified score (0-100) to assess market conditions by examining the price action like an x-ray aka Visual Prowess:
• Trend Direction & Strength (Green and Red Wave) : Identifies bullish (green clouds) or bearish (red clouds) trend. This data is designed to illustrate the trend by the color, and its strength by the height (score).
How it is Calculated = Data is derived from price action-- comparing the current and previous price highs and lows to measure the strength of upward (+) or downward (-) price movements, smoothed over a period and expressed as a percentage of the price range.
• Momentum (Blue and White Wave): Tracks price acceleration via a custom momentum oscillator, displayed as blue (positive) or white (negative) waves.
How it is Calculated = Data is calculated by subtracting a longer-term exponential moving average from a shorter-term exponential moving average to measure momentum and trend direction. Momentum strength is measured by height on 0-100 score, and color dictates the trend-- Blue up, White down.
• Strength Index (Purple Line): Measures overbought/oversold conditions with a normalized index, derived from price deviation.
How it is Calculated = Strength Index is calculated by comparing the average of price gains to the average of price losses over a specified period, expressed as a value between 0 and 100 to measure momentum and identify overbought or oversold conditions.
• Money Flow: Monitors capital inflows and outflows using a modified Money Flow Index, shown as green (buying) or red (selling) circles.
How it is Calculated = The Money Flow is calculated by using price and volume data to measure buying and selling pressure, comparing positive and negative money flow over a specified period to produce a value between 0 and 100, indicating overbought or oversold conditions and more importantly where the money is moving, + or -.
• Volatility: Gauges market volatility, marked by colored crosses (blue for low, red for high). Blue illustrates low volatility which is key for big moves either + or -; red to illustrate when price action is extremely overheated either + or -.
How it is Calculated = The volatility is calculated by the creator of the BBWP The_Caretaker. This excellent work is calculated using the width of the iconic indicator the Bollinger Bands (the difference between the upper and lower bands divided by the middle band (the moving average), expressed as a percentage to show how volatile the price is relative to its recent average.
Originality
Unlike traditional multi-indicator dashboards, Visual Prowess uses a combination of specific open-source indicators which I believe to be the most important inputs in price action-- trend, momentum, strength, money flow, and volatility into an all-in-one visual ratioed on a 0-100 scale. This unique synthesis of data reduces noise, prioritizes signal alignment, and a look behind the scenes of price action to see deeper into the movement – This combination of indicators has custom thresholds, when these components in alignment with each other hit certain parameters; it leads to key custom price action signals -- Green Dot Buy and Red Dot Sell signals.
There is also a bonus indicator….. a Yellow Triangle. When you see this, it is rare and strong. It only prints when strength index reaches extreme lows at the same time volatility reaches extreme highs…. It then waits to print the yellow triangle upon a third condition= which is price action is back in bullish/positive zone. This Yellow triangle is meant to be strong reversals of Macro Trend lows.
How to Use the Visual Prowess Components:
• Add to Chart: Apply Visual Prowess to any timeframe (recommended: higher timeframes 12H, 1D, 2D, 3D for optimal signals).
• Interpret Zones: Values >50 indicate bullish conditions (green background); <50 signal bearish conditions (red background).
Wait for Green Dot Buy signal for buys and Red Dot Sell signals for sells. One can read each component individually to gauge the price action and predict before the buy signal prints; all of those components merged together is what leads to the buy and sell signals. The story of what’s to come can be seen at lower timeframes before the higher timeframes print, that is a key way to gauge projections of bull or bear prints to come.
HOW TO READ EACH DATA COMPONENT
TREND CLOUDS: Green/red clouds show trend direction; vivid colors tied to number/ score on the 0-100 scale indicate strength of the trend.
Bull Conditions
Green cloud illustrates the trend is bullish. The height is correlated to the trend’s strength—this height is also aligned with colors, more transparent green is weak, then it gets more opaque being medium strength, and the most vibrant is the strongest. How to ride the bull condition is by seeing this transformation of trend get from weak to strong, until it tops out and the wave points down losing strength which alludes to the bear condition.
Bear Conditions
Vice versa with the bear condition. Different shades of red tie into the strength of the bear trend. How to read when things are about to get bearish, is by seeing bull trend shift levels of strength (Example- medium to weak). This transition of bull strength getting weaker is the start, once it gets to weak bear it has commenced until bearish strength tops out before it begins to get weaker leading to the next bull phase.
MOMENTUM WAVES: Blue waves above 50 suggest bullish momentum; white waves below 50 warn of bearish shifts.
Bull Conditions
Good to look at flips of white wave to blue in bearish zones to see the tide turning= guaranteed bullish when safely gets above and holds above 50 zone.
Bear Conditions
Vice versa for Bearish side of this momentum wave being blue wave turning white in bullish zone aiming down to break below 50 zone to confirm bearish descent.
STRENGTH INDEX: Values >80 indicate overbought; <20 suggest oversold. Look for “Bull” or “Bear” labels for divergences.
Bull Conditions
Above 50 level is key, so seeing price action break from below 50 to above 50 is strong buy condition until it gets overbought.
Bear Conditions
Once conditions are too overbought and falling making lower lows (especially when price action is climbing or staying sideways) it is indicating strength is getting weaker. When this indicator fights 50 level and breaks down below 50 level bearish conditions are coming until it gets to an oversold level.
MONEYFLOW: Green circles signal buying pressure; red circles indicate selling.
Bull Conditions
Green circles show money flow is positive so that’s a good sign of upward price action to come, and again above 50 level is bullish conditions
Bear Conditions
Red circles show money flow is negative so that’s a bad sign of price action to come, pointing down and breaking below 50 level is no good. It can have corrections in bullish scenario keep in mind seeing red doesn’t mean trend is over z9could be in higher low scenario).
VOLATILITY: Blue crosses (<25% volatility) suggest breakout potential; red crosses (>75%) warn of overheated markets.
Bull Conditions
This is a very important indication. Big volatile moves can move either direction + or -. When all other components look positive/bullish and this is signalling blue crosses it means a big move is coming and will most likely be in the upward direction –If all other components align/lean bullish.
Another bullish scenario is when price action is down large and red crosses are forming. This indicates that the downward move is overheated (red x’s are rare). This extremely oversold condition can be great buying opportunities when volatility is hot printing red x’s.
Bear Conditions
When all other components look negative/bearish and this is signalling blue crosses it means a big move is coming and will most likely be in the downward direction –If all other components align/lean bearish.
Another bearish scenario is when price action is up large and red crosses are forming. This indicates that the upward move is overheated (red x’s are rare). This extremely overbought condition can be great selling opportunities when volatility is hot printing red x’s.
*****All these components in alignment of hitting each pertaining important threshold--is what prints the green dot and sell signals to trade by. It is not black and white; each component has a sweet spot fine tuned to be triggered through analysis of what is happening individually to each component and how it is reacting to the price action data.
EXAMPLE= Taking a look at the screenshot (Perfect Scenario)
Bullish Examination
- Taking a look at the 2-D timeframe on BTC
x>50
x= all components traveling to the bullish zone. Blue wave, Strength Index with bullish divergence accumulation, Money Flow Positive with Green Trend Wave starting, with teal low volatility cross→→→ leads to Green Dot Buy Signal print…. And the big rise speaks for itself with price action and the big mountain wave of the Green Trend Wave.
This rise leads to
↓↓↓↓
Bearish Examination
Strength Index gets really high at 80 scale, Red X’s showing extremely heated Volatility, Money Flow turning red and sloping down, Trend Wave peaking starting to roll over, Blue Momentum Wave transitioning to white, bearish divergence of price action related to Strength Index→→→ leads to Red Dot Sell Signal print… and the flush speaks for itself when all components fall below 50 level with Trend wave turning red
All this is forecasted in the data, showing weakness before weakness and showing strength before strength. It works because every single piece of important elements in data of price action is incorporated in this all-in-one indicator…. Which leads to the reasoning of me calling this indicator the Visual Prowess, for its unprecedent sharpness of visual observation.
****This is a passion script incorporating every piece of data I value important when reading a chart — to see current perspective of a chart and to help foresee future projection of direction Up or Down. Any community feedback is greatly appreciated. Ongoing work will be done on this script as new thoughts and fine tuning will continuously be done for infinity, as this is my personal go to model for data on the markets.
Delta AO + Regular AO (Normalized)🔀 Delta AO + Regular AO (Normalized) – Visualizing Market moods becomes simpler 🔀
🧠 Introduction
The Delta AO + Regular AO (Normalized) is a custom oscillator that fuses the power of classic momentum analysis with volume-derived delta flow to give traders a dual-perspective edge.
This tool was born from a need to better visualize internal market thrust (via delta) while still respecting the time-tested signal power of the traditional Awesome Oscillator (AO).
🔍 What makes it unique?
✅ Volume-based Delta Calculation – Models upward/downward delta using a custom volatility-weighted volume allocation method, not simple tick-delta or raw buys/sells.
✅ Cumulative Delta Candles – Instead of just plotting bars, the indicator rebuilds the market structure using cumulative delta logic.
✅ Dual AO Display – Shows both custom delta AO and traditional price AO simultaneously.
✅ Normalized Scaling – Each AO is independently normalized by its standard deviation (volatility-adjusted), making both indicators visually comparable without distortion.
🧮 Under the Hood
Let’s break down the components:
1. Delta Logic 📊
Rather than using raw delta or tick-level data, this script simulates net effort:
Delta Up = Volume × a smart weighting when the candle is bullish
Delta Down = Volume × weighting when the candle is bearish
The weighting dynamically adjusts based on candle body-to-wick ratio. This provides a more refined delta estimate based on candle structure.
This delta is accumulated (cumulative delta) and used to form a synthetic OHLC candle structure.
2. AO Calculations ⚖️
Custom AO: Calculated from the median of synthetic delta candles
Regular AO: Classic (median price 5-period SMA - 34-period SMA)
Both are normalized using their own 34-bar standard deviation, improving comparability and visualization in one pane.
3. Color Coding 🎨
For the delta AO histogram:
Lime: Bullish + Increasing Momentum
Green: Bullish + Weakening Momentum
Red: Bearish + Increasing Momentum (to the downside)
Maroon: Bearish + Weakening Momentum
This lets you immediately spot momentum shifts and strength behind volume-based moves.
📈 How to Use – Trading Guide
🔧 Recommended Setup:
Timeframe: Works well on all intraday and higher timeframes (5m–1D)
Symbol: Especially effective on liquid instruments (futures, indices, large caps)
✅ Entry Signals
🔹 Buy Setup
Delta AO turns green or lime above zero, and Regular AO is also rising
Ideal confirmation: Lime bar (strong bullish delta momentum) and a crossover above zero
🔹 Sell Setup
Delta AO turns maroon or red below zero, and Regular AO is also falling
Ideal confirmation: Red bar (strong bearish delta momentum) and AO falling further below zero
🔄 Momentum Confirmation
Look for divergence between the Delta AO and Regular AO.
🔼 If Delta AO is rising but Regular AO is flat or falling → Volume is leading price (possible breakout ahead)
🔽 If Regular AO is strong but Delta AO fades → Price may be unsustainable (fakeout risk)
🛑 Exit / Reversal Clues
Sudden color shifts (e.g., Lime → Green → Maroon) can signal momentum exhaustion
Both AOs converging to zero suggests consolidation phase ahead
📌 Pro Tips
Use this with volume profile, support/resistance, or market structure zones for maximum confluence
Works great as a secondary confirmation tool for your existing strategy
💬 Final Thoughts
This oscillator is not just a pretty double AO — it's a strategic fusion of price and volume time-series designed to help you anticipate shifts before they’re obvious in price alone.
If you're looking for:
A modernized AO
Volume-integrated signal clarity
Normalized, noise-filtered momentum visual
Then this tool belongs in your chart arsenal.
📈 Try it. Test it. Pair it. If you find value, consider sharing or following for more next-gen indicators.
Please note this is an educational idea and past performance is not assurance of future performance.
Happy trading!
— @Pratik_4Clover
Truly Iterative Gaussian ChannelOVERVIEW
The Truly Iterative Gaussian Channel is a robust channeling system that integrates a Gaussian smoothing kernel with a rolling standard deviation to create dynamically adaptive upper and lower boundaries around price. This indicator provides a smooth, yet responsive representation of price movements while minimizing lag and dynamically adjusting channel width to reflect real-time market volatility. Its versatility makes it effective across various timeframes and trading styles, offering significant potential for experimentation and integration into advanced trading systems.
TRADING USES
The Gaussian indicator can be used for multiple trading strategies. Trend following relies on the middle Gaussian line to gauge trend direction: prices above this line indicate bullish momentum, while prices below signal bearish momentum. The upper and lower boundaries act as dynamic support and resistance levels, offering breakout or pullback entry opportunities. Mean reversion focuses on identifying reversal setups when price approaches or breaches the outer boundaries, aiming for a return to the Gaussian centerline. Volatility filtering helps assess market conditions, with narrow channels indicating low volatility or consolidation and suggesting fewer trading opportunities or an impending breakout. Adaptive risk management uses channel width to adjust for market volatility, with wider channels signaling higher risk and tighter channels indicating lower volatility and potentially safer entry points.
THEORY
Gaussian kernel smoothing, derived from the Gaussian normal distribution, is a cornerstone of probability and statistics, valued for its ability to reduce noise while preserving critical signal features. In this indicator, it ensures price movements are smoothed with precision, minimizing distortion while maintaining responsiveness to market dynamics.
The rolling standard deviation complements this by dynamically measuring price dispersion from the mean, enabling the channel to adapt in real time to changing market conditions. This combination leverages the mathematical correctness of both tools to balance smoothness and adaptability.
An iterative framework processes data efficiently, bar by bar, without recalculating historical value to ensure reliability and preventing repainting to create a mathematically grounded channel system suitable for a wide range of market environments.
The Gaussian channel excels at filtering noise while remaining responsive to price action, providing traders with a dependable tool for identifying trends, reversals, and volatility shifts with consistency and precision.
CALIBRATION
Calibration of the Gaussian channel involves adjusting its length to modify sensitivity and adaptability based on trading style. Shorter lengths (e.g., 50-100) are ideal for intraday traders seeking quick responses to price fluctuations. Medium lengths (e.g., 150-200) cater to swing traders aiming to capture broader market trends. Longer lengths (e.g., 250-400+) are better suited for positional traders focusing on long-term price movements and stability.
MARKET USAGE
Stock, Forex, Crypto, Commodities, and Indices.
Supertrend with EMASupertrend + EMA Indicator
This custom indicator combines the popular Supertrend and Exponential Moving Average (EMA) indicators to enhance trend analysis and signal accuracy. The Supertrend tracks price volatility to identify potential trend directions, while the EMA provides a smooth moving average to help refine entries and exits based on trend momentum.
Features:
Supertrend: Detects trend reversals by using price action and volatility, making it effective in trending markets.
Exponential Moving Average (EMA): Smoothens price fluctuations, helping you gauge the trend’s strength and filter out false signals.
Versatile for multiple timeframes and asset classes.
Ideal for traders looking to catch sustained trends and avoid false breakouts, this indicator offers an improved way to follow market momentum and confirm trend strength. Customize the Supertrend ATR multiplier and EMA length to suit your trading style and timeframe.
Uptrick: DPO Signal & Zone Indicator
## **Uptrick: DPO Signal & Zone Indicator**
### **Introduction:**
The **Uptrick: DPO Signal & Zone Indicator** is a sophisticated technical analysis tool tailored to provide insights into market momentum, identify potential trading signals, and recognize extreme market conditions. It leverages the Detrended Price Oscillator (DPO) to strip out long-term trends from price movements, allowing traders to focus on short-term fluctuations and cyclical behavior. The indicator integrates multiple components, including a Detrended Price Oscillator, a Signal Line, a Histogram, and customizable alert levels, to deliver a robust framework for market analysis and trading decision-making.
### **Detailed Breakdown:**
#### **1. Detrended Price Oscillator (DPO):**
- **Purpose and Functionality:**
- The DPO is designed to filter out long-term trends from the price data, isolating short-term price movements. This helps in understanding the cyclical patterns and momentum of an asset, allowing traders to detect periods of acceleration or deceleration that might be overlooked when focusing solely on long-term trends.
- **Calculation:**
- **Formula:** `dpo = close - ta.sma(close, smaLength)`
- **`close`:** The asset’s closing price for each period in the dataset.
- **`ta.sma(close, smaLength)`:** The Simple Moving Average (SMA) of the closing prices over a period defined by `smaLength`.
- The DPO is derived by subtracting the SMA value from the current closing price. This calculation reveals how much the current price deviates from the moving average, effectively detrending the price data.
- **Interpretation:**
- **Positive DPO Values:** Indicate that the current price is higher than the moving average, suggesting bullish market conditions and a potential upward trend.
- **Negative DPO Values:** Indicate that the current price is lower than the moving average, suggesting bearish market conditions and a potential downward trend.
- **Magnitude of DPO:** Reflects the strength of momentum. Larger positive or negative values suggest stronger momentum in the respective direction.
#### **2. Signal Line:**
- **Purpose and Functionality:**
- The Signal Line is a smoothed average of the DPO, intended to act as a reference point for generating trading signals. It helps to filter out short-term fluctuations and provides a clearer perspective on the prevailing trend.
- **Calculation:**
- **Formula:** `signalLine = ta.sma(dpo, signalLength)`
- **`ta.sma(dpo, signalLength)`:** The SMA of the DPO values over a period defined by `signalLength`.
- The Signal Line is calculated by applying a moving average to the DPO values. This smoothing process reduces noise and highlights the underlying trend direction.
- **Interpretation:**
- **DPO Crossing Above Signal Line:** Generates a buy signal, suggesting that short-term momentum is turning bullish relative to the longer-term trend.
- **DPO Crossing Below Signal Line:** Generates a sell signal, suggesting that short-term momentum is turning bearish relative to the longer-term trend.
- **Signal Line’s Role:** Provides a benchmark for assessing the strength of the DPO. The interaction between the DPO and the Signal Line offers actionable insights into potential entry or exit points.
#### **3. Histogram:**
- **Purpose and Functionality:**
- The Histogram visualizes the difference between the DPO and the Signal Line. It provides a graphical representation of momentum strength and direction, allowing traders to quickly gauge market conditions.
- **Calculation:**
- **Formula:** `histogram = dpo - signalLine`
- The Histogram is computed by subtracting the Signal Line value from the DPO value. Positive values indicate that the DPO is above the Signal Line, while negative values indicate that the DPO is below the Signal Line.
- **Interpretation:**
- **Color Coding:**
- **Green Bars:** Represent positive values, indicating bullish momentum.
- **Red Bars:** Represent negative values, indicating bearish momentum.
- **Width of Bars:** Indicates the strength of momentum. Wider bars signify stronger momentum, while narrower bars suggest weaker momentum.
- **Zero Line:** A horizontal gray line that separates positive and negative histogram values. Crosses of the histogram through this zero line can signal shifts in momentum direction.
#### **4. Alert Levels:**
- **Purpose and Functionality:**
- Alert levels define specific thresholds to identify extreme market conditions, such as overbought and oversold states. These levels help traders recognize potential reversal points and extreme market conditions.
- **Inputs:**
- **`alertLevel1`:** Defines the upper threshold for identifying overbought conditions.
- **Default Value:** 0.5
- **`alertLevel2`:** Defines the lower threshold for identifying oversold conditions.
- **Default Value:** -0.5
- **Interpretation:**
- **Overbought Condition:** When the DPO exceeds `alertLevel1`, indicating that the market may be overbought. This condition suggests that the asset could be due for a correction or reversal.
- **Oversold Condition:** When the DPO falls below `alertLevel2`, indicating that the market may be oversold. This condition suggests that the asset could be poised for a rebound or reversal.
#### **5. Visual Elements:**
- **DPO and Signal Line Plots:**
- **DPO Plot:**
- **Color:** Blue
- **Width:** 2 pixels
- **Purpose:** To visually represent the deviation of the current price from the moving average.
- **Signal Line Plot:**
- **Color:** Red
- **Width:** 1 pixel
- **Purpose:** To provide a smoothed reference for the DPO and generate trading signals.
- **Histogram Plot:**
- **Color Coding:**
- **Green:** For positive values, signaling bullish momentum.
- **Red:** For negative values, signaling bearish momentum.
- **Style:** Histogram bars are displayed with varying width to represent the strength of momentum.
- **Zero Line:** A gray horizontal line separating positive and negative histogram values.
- **Overbought/Oversold Zones:**
- **Background Colors:**
- **Green Shading:** Applied when the DPO exceeds `alertLevel1`, indicating an overbought condition.
- **Red Shading:** Applied when the DPO falls below `alertLevel2`, indicating an oversold condition.
- **Horizontal Lines:**
- **Dotted Green Line:** At `alertLevel1`, marking the upper alert threshold.
- **Dotted Red Line:** At `alertLevel2`, marking the lower alert threshold.
- **Purpose:** To provide clear visual cues for extreme market conditions, aiding in the identification of potential reversal points.
#### **6. Trading Signals and Alerts:**
- **Buy Signal:**
- **Trigger:** When the DPO crosses above the Signal Line.
- **Visual Representation:** A "BUY" label appears below the price bar in the specified buy color.
- **Purpose:** Indicates a potential buying opportunity as short-term momentum turns bullish.
- **Sell Signal:**
- **Trigger:** When the DPO crosses below the Signal Line.
- **Visual Representation:** A "SELL" label appears above the price bar in the specified sell color.
- **Purpose:** Indicates a potential selling opportunity as short-term momentum turns bearish.
- **Overbought/Oversold Alerts:**
- **Overbought Alert:** Triggered when the DPO crosses below `alertLevel1`.
- **Oversold Alert:** Triggered when the DPO crosses above `alertLevel2`.
- **Visual Representation:** Labels "OVERBOUGHT" and "OVERSOLD" appear with distinctive colors and sizes to highlight extreme conditions.
- **Purpose:** To signal potential reversal points and extreme market conditions that may lead to price corrections or trend reversals.
- **Alert Conditions:**
- **DPO Cross Above Signal Line:** Alerts traders when the DPO crosses above the Signal Line, generating a buy signal.
- **DPO Cross Below Signal Line:** Alerts traders when the DPO crosses below the Signal Line, generating a sell signal.
- **DPO Above Upper Alert Level:** Alerts when the DPO is above `alertLevel1`, indicating an overbought condition.
- **DPO Below Lower Alert Level:** Alerts when the DPO is below `alertLevel2`, indicating an oversold condition.
- **Purpose:** To provide real-time notifications of significant market events, enabling traders to make informed decisions promptly.
### **Practical Applications:**
#### **1. Trend Following Strategies:**
- **Objective:**
- To capture and ride the prevailing market trends by entering trades that align with the direction of the momentum.
- **How to Use:**
- Monitor buy and sell signals generated by the DPO crossing the Signal Line. A buy signal suggests a bullish trend and a potential long trade, while a sell signal suggests a bearish trend and a potential short trade.
- Use the Histogram to confirm the strength of the trend. Expanding green bars indicate strong bullish momentum, while expanding red bars indicate strong bearish momentum.
- **Advantages:**
- Helps traders stay aligned with the market trend, increasing the likelihood of capturing substantial price moves.
#### **2. Reversal Trading:**
- **Objective:**
- To identify potential market reversals
by detecting overbought and oversold conditions.
- **How to Use:**
- Look for overbought and oversold signals based on the DPO crossing `alertLevel1` and `alertLevel2`. These conditions suggest that the market may be due for a reversal.
- Confirm reversal signals with the Histogram. A decrease in histogram bars (from green to red or vice versa) may support the reversal hypothesis.
- **Advantages:**
- Provides early warnings of potential market reversals, allowing traders to position themselves before significant price changes occur.
#### **3. Momentum Analysis:**
- **Objective:**
- To gauge the strength and direction of market momentum for making informed trading decisions.
- **How to Use:**
- Analyze the Histogram to assess momentum strength. Positive and expanding histogram bars indicate increasing bullish momentum, while negative and expanding bars suggest increasing bearish momentum.
- Use momentum insights to validate or question existing trading positions and strategies.
- **Advantages:**
- Offers valuable information about the market's momentum, helping traders confirm the validity of trends and trading signals.
### **Customization and Flexibility:**
The **Uptrick: DPO Signal & Zone Indicator** offers extensive customization options to accommodate diverse trading preferences and market conditions:
- **SMA Length and Signal Line Length:**
- Adjust the `smaLength` and `signalLength` parameters to control the sensitivity and responsiveness of the DPO and Signal Line. Shorter lengths make the indicator more responsive to price changes, while longer lengths provide smoother, less volatile signals.
- **Alert Levels:**
- Modify `alertLevel1` and `alertLevel2` to fit varying market conditions and volatility. Setting these levels appropriately helps tailor the indicator to different asset classes and trading strategies.
- **Color and Shape Customization:**
- Customize the colors and sizes of buy/sell signals, histogram bars, and alert levels to enhance visual clarity and align with personal preferences. This customization helps ensure that the indicator integrates seamlessly with a trader's charting setup.
### **Conclusion:**
The **Uptrick: DPO Signal & Zone Indicator** is a multifaceted analytical tool that combines the power of the Detrended Price Oscillator with customizable visual elements and alert levels to deliver a comprehensive approach to market analysis. By offering insights into momentum strength, trend direction, and potential reversal points, this indicator equips traders with valuable information to make informed decisions and enhance their trading strategies. Its flexibility and customization options ensure that it can be adapted to various trading styles and market conditions, making it a versatile addition to any trader's toolkit.
Composite Bull-Bear Dominance IndexNote: CREDITS: This is based on the Up Down Volume Indicator (published in Trading View) and Elder Ray Index (Bull Bear Power).
The Composite Bull Bear Dominance Index (CBBDI) is a indicator that combines up down volume analysis with Bull and Bear Power to provide a comprehensive view of market dynamics. It calculates Z-scores for up down volume delta and bull bear power measures, averages them, and then smoothes the result using Weighted Moving Average (WMA) for Bull and Bear Power and Volume Weighted Moving Average (VWMA) for Up and Down Volume Delta. The advantages include responsiveness to short-term trends, noise reduction through weighting, incorporation of volume information, and the ability to identify significant changes in buying and selling pressure. The indicator aims to offer clear signals for traders seeking insights into overall market dominance and indicate if the bulls or the bears have the upper hand.
Volume Analysis (Up/Down Volume Delta):
Up/Down Volume Delta reflects the net difference between buying and selling volume, providing insights into the prevailing market sentiment.
Positive Delta: Indicates potential bullish dominance due to higher buying volume.
Negative Delta: Suggests potential bearish dominance as selling volume surpasses buying volume.
Price Analysis (Bull and Bear Power):
Bull and Bear Power measure the strength of buying and selling forces based on price movements and the Exponential Moving Average (EMA) of the closing price.
Positive Bull Power: Reflects bullish dominance, indicating potential upward momentum.
Positive Bear Power: Suggests bearish dominance, indicating potential downward momentum.
Composite Bull Bear Dominance Index (CBBDI):
CBBDI combines the standardized Z-scores of Up/Down Volume Delta and Bull Bear Power, providing an average measure of both volume and price-related dominance.
Positive CBBDI: Indicates an overall bullish dominance in both volume and price dynamics.
Negative CBBDI: Suggests an overall bearish dominance in both volume and price dynamics.
Smoothing Techniques:
The use of Weighted Moving Average (WMA) for smoothing Bull and Bear Power Z-scores, and Volume Weighted Moving Average (VWMA) for smoothing Up/Down Volume Delta, reduces noise and provides a clearer trend signal.
Smoothing helps filter out short-term fluctuations and emphasizes more significant trends in both volume and price movements.
Color Coding:
CBBDI values are color-coded based on their direction, visually representing the prevailing market sentiment.
Green Colors: Positive values indicate potential bullish dominance.
Red Colors: Negative values suggest potential bearish dominance.
Logical Trading Indicator V.1Features of the Logical Trading Indicator V.1
ATR-Based Trailing Stop Loss
The Logical Trading Indicator V.1 utilizes the Average True Range (ATR) to implement a dynamic trailing stop loss. You can customize the sensitivity of your alerts by adjusting the ATR Multiple and ATR Period settings.
Higher ATR Multiple values create wider stops, while lower values result in tighter stops. This feature ensures that your trades are protected against adverse price movements. For best practice, use higher values on higher timeframes and lower values on lower term timeframes.
Bollinger Bands
The Logical Trading Indicator V.1 includes Bollinger Bands, which can be customized to use either a Simple Moving Average (SMA) or an Exponential Moving Average (EMA) as the basis.
You can adjust the length and standard deviation multiplier of the Bollinger Bands to fine-tune your strategy. The color of the basis line changes to green when price is above and red when price is below the line to represent the trend.
The bands show a range vs a single band that also represents when the price is in overbought and oversold ranges similar to an RSI. These bands also control the take profit signals.
You also have the ability to change the band colors as well as toggle them off, which only affects the view, they are still active which will still fire the take profit signals.
Momentum Indicator
Our indicator offers a momentum filter option that highlights market momentum directly on the candlesticks, identifying periods of bullish, bearish, or consolidation phases. You can enable or disable this filter as needed, providing valuable insights into market conditions.
By default, you will see the candlestick colors represent the momentum direction as green or red, and consolidation periods as white, but the filter on the BUY and SELL signals is not active. The view options and filter can be toggled on and off in the settings.
Buy and Sell Signals
The Logical Trading Indicator V.1 generates buy and sell signals based on a combination of ATR-based filtering, Bollinger Band basis crossover, and optional momentum conditions if selected in the settings. These signals help you make informed decisions about when to enter or exit a trade. You can also enable a consolidation filter to stay out of trades during tight ranges.
Basically a BUY signal fires when the price closes above the basis line, and the price meets or exceeds the ATR multiple from the previous candle length, which is also editable in the settings.
If the momentum filter is engaged, it will not fire BUY signals when in consolidation periods. It works just the opposite for SELL signals.
Take Profit Signals
We've integrated a Take Profit feature that helps you identify points to exit your trades with profits. The indicator marks Long Take Profit when prices close below the upper zone line of the Bollinger Bands after the previous candle closes inside the band, suggesting an optimal point to exit a long trade or consider a short position.
Conversely, Short Take Profit signals appear when prices close above the lower zone after the previous candle closes inside of it, indicating the right time to exit a short trade or contemplate a long position.
Alerts for Informed Trading
The Logical Trading Indicator V.1 comes equipped with alert conditions for buy signals, sell signals, take profit points, and more. Receive real-time notifications to your preferred devices or platforms to stay updated on market movements and trading opportunities.
Zaree - FX Index RSI IndicatorDescription:
The "Zaree - FX Index RSI Indicator" (FIRI) is a technical analysis tool designed to provide insights into the relative strength of two selected currency indices using the Relative Strength Index (RSI). It allows traders to compare the RSI values of a primary currency index and a secondary currency index, helping them identify potential overbought and oversold conditions in the currency market.
Details of the Indicator:
The indicator calculates the RSI for both the primary and secondary currency indices based on the user's selections.
Traders can choose from a variety of currency indices to use as the primary and secondary indices for comparison.
The indicator offers settings for customizing the calculation of the RSI, including selecting the type of moving average (SMA, EMA, WMA, SMMA) and adjusting the length of the RSI and moving average.
Upper and lower RSI bands are displayed on the chart to highlight potential overbought and oversold conditions.
The RSI values and their corresponding moving average values are plotted on the chart, allowing traders to visually analyze the relative strength of the indices.
How to Use the Indicator:
Select the primary and secondary currency indices you want to compare from the provided dropdown menus. These indices will serve as the basis for RSI calculation.
Choose the type of moving average (SMA, EMA, WMA, SMMA) to use for RSI calculation and set the desired length for the moving average.
Decide whether you want to visualize the RSI and moving average values for the primary and secondary indices on the chart.
Observe the RSI values and moving averages plotted on the chart. The indicator's upper and lower bands can help you identify potential overbought (above the upper band) and oversold (below the lower band) conditions.
Pay attention to the intersections between the RSI values and the moving average lines. These intersections can provide insights into potential trend changes or reversals in the currency market.
Example of Usage:
Let's say you're a swing trader focusing on currency pairs involving the US Dollar (USD) and Euro (EUR). You want to compare the relative strength of the USD Index (USDINX) and the EUR Index (EURINX) to identify potential trading opportunities. Here's how you can use the FIRI indicator:
Select "USDINX" as the primary index and "EURINX" as the secondary index.
Choose "SMA" as the moving average type and set the RSI length to 14.
Enable the visualization of RSI values for both the primary and secondary indices.
Observe the chart to identify instances where the RSI values of the indices cross above the upper band (potential overbought) or below the lower band (potential oversold).
Look for intersections between the RSI values and the moving average lines. A bullish signal may occur when the RSI crosses above the moving average, indicating potential upward momentum, while a bearish signal may occur when the RSI crosses below the moving average, indicating potential downward momentum.
Remember that the FIRI indicator is a tool to assist you in your analysis. It's important to consider other technical and fundamental factors before making trading decisions.
Feel free to adjust the settings of the indicator based on your trading preferences and strategy. Keep in mind that no indicator is foolproof, and it's recommended to use the FIRI indicator in conjunction with other analysis techniques for a comprehensive trading approach.
Musashi_Slasher (Mometum+Volatility)--- Musashi Slasher (Momentum + Volatility ) ---
This tool was designed to fit my particular trading style and personal theories about the "Alchemy of the markets".
Velocity
This concept will be represented by the light blue and gray lines, a fast RSI (11 periods Relative Strength Index ), and a slow one ( RSI 14 periods as Wilder's half-cycle recommendation).
Note: Regular and hidden divergences will be plotted to help spot interesting spots and help with timing.
- Regular divergences will hint at a slowdown in price action.
- Hidden divergences will hint at a continuation as energy stored as some type of potential energy ready to be released violently. It is also referred ad 'The Slingshot'
Momentum
To understand Momentum, we must know that in physics Momentum = mass * velocity
We will understand mass as the mass of money of the market, which is found in the volume. To represent this concept a colored cloud will be plotted, this area will be given by MFI (13 periods Money Flow Index) and VRSI (Volume RSI ), when MFI is above VRSI will be colored dark blue, else red.
Note: Regular and hidden divergences on MFI will be plotted.
Volatility
The key to making this Alchemic theory work is to understand the "Transmutation" of the volatility which will be plotted by a multicolor line which will be blue in periods of low volatility and Red in periods of high volatility. I like to see these states as 'Ice' and 'Magma', as some periods the volatility just freezes, giving you hints that maybe a big move can be approaching, and at some points is just burning hot. Something I like about this indicator is that is trend agnostic. The line is named BBWP ( Bollinger Bands Width Percentile), as it calculates the width of the Bollinger bands (13 periods) and plot it as a percentile.
Finally, we will study the volatility of the volume, plotted as the red and purple mountains at the bottom of the indicator. This will complement and confirm the information provided by the Velocity-Momentum concepts.
Final Note
This indicator will only help identify interesting moments in the market, it's very powerful if used correctly, but it might be difficult to read in the beginning. It won't give "signals", as it is for understanding different dimensions in the market, I use it as it fits perfectly my trading strategies and tactics.
Best!
Musashi Alchemist
TopTenAlg0 1. Sentiment & MomentumEN: Mum Sentiment & Momentum is an indicator that measures the psychological thresholds of the O candle and the rate of change of the price (Rate of Chance / Bar Momentum). Each price action is a separate action with flexibility. Mum Sentiment & Momentum shows you the speed and direction of this price action. If sentiment and momentum are green, the rise will continue, if it is much above momentum sentiment, it indicates the presence of an enthusiastic psychological movement. If sentiment and momentum are red, a correction may come and a decrease is expected, and if momentum is well below sentiment, there is an enthusiastic sale.
This algorithm is prepared with @Top10Algo ... Optimization periods
TR: Mum Sentiment & Momentum her barda ayrı ayrı olmak üzere O muma ait psikolojik eşikleri ve fiyatın değişim hızını ( Rate of Chance / Mum Momentumu ) ölçen bir göstergedir. Her bir fiyat hareketi esnekliği olan ayrı birer aksiyondur. Mum Sentiment & Momentum size bu fiyat aksiyonunun hızını ve yönünün ne olduğunu gösterir. Eğer sentiment ve momentum yeşil ise yükselişin devam edeceğini, momentum sentiment’ in çok üstünde ise coşkulu bir psikolojik hareketin varlığını gösterir. Eğer sentiment ve momentum kırmızı ise düzeltme gelebileceğini ve düşüş beklenildiğini, momentum ise sentiment’in çok altında ise coşkulu bir satış’ ın olduğunu gösterir.
Bu algoritma @Top10Algo ile beraber hazırlanmıştır... Periyotlar optimize edilmiştir.
Oceanic Momentum Flow Tidal Shift Indicator [ALLDYN]The Elevator Pitch: What Is It?
This isn't just another moving average indicator; it's a comprehensive momentum dashboard. Its primary purpose is to translate complex momentum data into a simple, at-a-glance visual "weather report" for the market. Instead of analyzing multiple lines and numbers, a trader can instantly feel the direction and, more importantly, the strength of market momentum through its unified color system.
Why Would a Trader Use This? (The Problem It Solves)
Traders would use this indicator to solve several common problems :
To Reduce Information Overload: A standard chart might have multiple moving averages, oscillators, and lines. It’s cluttered and takes time to analyze. This indicator consolidates all that information into a single, intuitive color scheme. Is the screen predominantly bright aqua? Momentum is bullish. Is it deep navy? Momentum is bearish.
To Overcome Analysis Paralysis: When signals are weak or conflicting, traders hesitate. This tool provides a clear "confluence" of signals. When the candles, the gradient fill, the background, and the meter are all aligned, it provides a very strong, unambiguous confirmation of momentum, making it easier to act decisively.
To Gauge Momentum Strength , Not Just Direction: A simple crossover is a binary "on/off" signal. This indicator is far more nuanced. The width of the gradient river, the brightness of the background, and the fill of the meter all show how strong the momentum is. This helps a trader distinguish between a weak, choppy move and a strong, high-conviction trend.
To Identify Market Conditions: The indicator is excellent at showing not just trending moves but also a lack of trend. When the colors are rapidly flip-flopping, the gradient river is thin and messy, and the meter is hovering around 50, it's a clear visual sign that the market is in a choppy, sideways, or uncertain state—a condition many traders should avoid.
What Will It Tell Them? (How to Read the Signals)
Each visual element tells a part of the story , from most immediate to the overall context:
The Candlestick Colors (The "Now"): This is the most immediate signal.
Aqua Candle: Bullish momentum is in control on this bar.
Blue Candle: Bearish momentum is in control on this bar.
The Gradient Fill (The "Short-Term Flow"): This is the river of momentum.
A wide, smooth aqua river: Strong, sustained bullish momentum.
A wide, smooth navy river: Strong, sustained bearish momentum.
A thin, choppy, or frequently changing river: Indecision and a lack of clear direction.
The Background Gradient (The "Atmosphere"): This shows the broader momentum environment and its intensity.
A bright, glowing background: Momentum is at its peak strength for the recent period.
A faint or invisible background: Momentum is weak or non-existent (the market is quiet).
The fading-in/fading-out effect: This acts as an early warning that momentum is either building or starting to exhaust.
The Momentum Meter (The "Dashboard Gauge"): This provides an objective, quantified summary of it all.
Reading > 50 and filling to the right: Bullish momentum is in control. A reading of 85+ indicates very strong bullish conviction.
Reading < 50 and filling to the left: Bearish momentum is in control. A reading of 15 or less indicates very strong bearish conviction.
Reading near 50: The market is at a neutral point; there is no clear momentum leader.
How It Can Be Used in a Trading Strategy
This indicator is best used as a confirmation and condition-filtering tool , not as a standalone signal generator.
For a Trend Trader: They would wait for all components to align in one direction. For a long trade, they might require the Kumo cloud to be bullish, the background to be aqua, the gradient river to be wide and aqua, and the meter to be above 60-70. This confirms they are entering on strong, multi-faceted momentum.
For a Swing Trader: They could use the fading of the background color or the meter turning back towards 50 as a signal to take profits, as it suggests the current move is losing steam.
For a Range Trader: The visual chaos of the indicator during a sideways market is a signal in itself to look for range-bound strategies or to simply stay out and wait for a clear trend to emerge.
⚠️ Disclaimer
This indicator is a tool for market analysis and should not be considered financial advice. All trading involves substantial risk, and past performance is not indicative of future results. All trade decisions are your own. Please use risk management and trade responsibly.
Heikin-Ashi Mean Reversion Oscillator [Alpha Extract]The Heikin-Ashi Mean Reversion Oscillator combines the smoothing characteristics of Heikin-Ashi candlesticks with mean reversion analysis to create a powerful momentum oscillator. This indicator applies Heikin-Ashi transformation twice - first to price data and then to the oscillator itself - resulting in smoother signals while maintaining sensitivity to trend changes and potential reversal points.
🔶 CALCULATION
Heikin-Ashi Transformation: Converts regular OHLC data to smoothed Heikin-Ashi values
Component Analysis: Calculates trend strength, body deviation, and price deviation from mean
Oscillator Construction: Combines components with weighted formula (40% trend strength, 30% body deviation, 30% price deviation)
Double Smoothing: Applies EMA smoothing and second Heikin-Ashi transformation to oscillator values
Signal Generation: Identifies trend changes and crossover points with overbought/oversold levels
Formula:
HA Close = (Open + High + Low + Close) / 4
HA Open = (Previous HA Open + Previous HA Close) / 2
Trend Strength = Normalized consecutive HA candle direction
Body Deviation = (HA Body - Mean Body) / Mean Body * 100
Price Deviation = ((HA Close - Price Mean) / Price Mean * 100) / Standard Deviation * 25
Raw Oscillator = (Trend Strength * 0.4) + (Body Deviation * 0.3) + (Price Deviation * 0.3)
Final Oscillator = 50 + (EMA(Raw Oscillator) / 2)
🔶 DETAILS Visual Features:
Heikin-Ashi Candlesticks: Smoothed oscillator representation using HA transformation with vibrant teal/red coloring
Overbought/Oversold Zones: Horizontal lines at customizable levels (default 70/30) with background highlighting in extreme zones
Moving Averages: Optional fast and slow EMA overlays for additional trend confirmation
Signal Dashboard: Real-time table showing current oscillator status (Overbought/Oversold/Bullish/Bearish) and buy/sell signals
Reference Lines: Middle line at 50 (neutral), with 0 and 100 boundaries for range visualization
Interpretation:
Above 70: Overbought conditions, potential selling opportunity
Below 30: Oversold conditions, potential buying opportunity
Bullish HA Candles: Green/teal candles indicate upward momentum
Bearish HA Candles: Red candles indicate downward momentum
MA Crossovers: Fast EMA above slow EMA suggests bullish momentum, below suggests bearish momentum
Zone Exits: Price moving out of extreme zones (above 70 or below 30) often signals trend continuation
🔶 EXAMPLES
Mean Reversion Signals: When the oscillator reaches extreme levels (above 70 or below 30), it identifies potential reversal points where price may revert to the mean.
Example: Oscillator reaching 80+ levels during strong uptrends often precedes short-term pullbacks, providing profit-taking opportunities.
Trend Change Detection: The double Heikin-Ashi smoothing helps identify genuine trend changes while filtering out market noise.
Example: When oscillator HA candles change from red to teal after oversold readings, this confirms potential trend reversal from bearish to bullish.
Moving Average Confirmation: Fast and slow EMA crossovers on the oscillator provide additional confirmation of momentum shifts.
Example: Fast EMA crossing above slow EMA while oscillator is rising from oversold levels provides strong bullish confirmation signal.
Dashboard Signal Integration: The real-time dashboard combines oscillator status with directional signals for quick decision-making.
Example: Dashboard showing "Oversold" status with "BUY" signal when HA candles turn bullish provides clear entry timing.
🔶 SETTINGS
Customization Options:
Calculation: Oscillator period (default 14), smoothing factor (1-50, default 2)
Levels: Overbought threshold (50-100, default 70), oversold threshold (0-50, default 30)
Moving Averages: Toggle display, fast EMA length (default 9), slow EMA length (default 21)
Visual Enhancements: Show/hide signal dashboard, customizable table position
Alert Conditions: Oversold bounce, overbought reversal, bullish/bearish MA crossovers
The Heikin-Ashi Mean Reversion Oscillator provides traders with a sophisticated momentum tool that combines the smoothing benefits of Heikin-Ashi analysis with mean reversion principles. The double transformation process creates cleaner signals while the integrated dashboard and multiple confirmation methods help traders identify high-probability entry and exit points during both trending and ranging market conditions.
IDX - 5UPThe UDX-5UP is a custom indicator designed to assist traders in identifying trends, entry and exit signals, and market reversal moments with greater accuracy. It combines price analysis, volume, and momentum (RSI) to provide clear buy ("Buy") and sell ("Sell") signals across any asset and timeframe, whether you're a scalper on the 5M chart or a swing trader on the 4H chart. Inspired by robust technical analysis strategies, the UDX-5UP is ideal for traders seeking a reliable tool to operate in volatile markets such as cryptocurrencies, forex, stocks, and futures.
Components of the UDX-5UP
The UDX-5UP consists of three main panels that work together to provide a comprehensive view of the market:
Main Panel (Price):
Pivot Supertrend: A dynamic line that changes color to indicate the trend. Green for an uptrend (look for buys), red for a downtrend (look for sells).
SMAs (Simple Moving Averages): Two SMAs (8 and 21 periods) to confirm the trend direction. When the SMA 8 crosses above the SMA 21, it’s a bullish signal; when it crosses below, it’s a bearish signal.
Entry/Exit Signals: "Buy" (green) and "Sell" (red) labels are plotted on the chart when entry or exit conditions are met.
Volume Panel:
Colored Volume Bars: Green bars indicate dominant buying volume, while red bars indicate dominant selling volume.
Volume Moving Average (MA 20): A blue line that helps identify whether the current volume is above or below the average, confirming the strength of the movement.
RSI Panel:
RSI (Relative Strength Index): Calculated with a period of 14, with overbought (70) and oversold (30) lines to identify momentum extremes.
Divergences: The indicator detects divergences between the RSI and price, plotting signals for potential reversals.
How the UDX-5UP Works
The UDX-5UP uses a combination of rules to generate buy and sell signals:
Buy Signal ("Buy"):
The Pivot Supertrend changes from red to green.
The SMA 8 crosses above the SMA 21.
The volume is above the MA 20, with green bars (indicating buying pressure).
The RSI is rising and, ideally, below 70 (not overbought).
Example: On the 4H chart, the price of Tether (USDT) is at 0.05515. The Pivot Supertrend turns green, the SMA 8 crosses above the SMA 21, the volume shows green bars above the MA 20, and the RSI is at 46. The UDX-5UP plots a "Buy".
Sell Signal ("Sell"):
The Pivot Supertrend changes from green to red.
The SMA 8 crosses below the SMA 21.
The volume is above the MA 20, with red bars (indicating selling pressure).
The RSI is falling and, ideally, above 70 (overbought).
Example: On the 4H chart, the price of Tether rises to 0.05817. The Pivot Supertrend turns red, the SMA 8 crosses below the SMA 21, the volume shows red bars, and the RSI is above 70. The UDX-5UP plots a "Sell".
RSI Divergences:
The indicator identifies bullish divergences (price makes a lower low, but RSI makes a higher low) and bearish divergences (price makes a higher high, but RSI makes a lower high), plotting alerts for potential reversals.
Adjustable Settings
The UDX-5UP is highly customizable to suit your trading style:
Pivot Supertrend Period: Default is 2. Increase to 3 or 4 for more conservative signals (fewer false positives, but more lag).
SMA Periods: Default is 8 and 21. Adjust to 5 and 13 for smaller timeframes (e.g., 5M) or 13 and 34 for larger timeframes (e.g., 1D).
RSI Period: Default is 14. Reduce to 10 for greater sensitivity or increase to 20 for smoother signals.
Overbought/Oversold Levels: Default is 70/30. Adjust to 80/20 in volatile markets.
Display Panels: You can enable/disable the volume and RSI panels to simplify the chart.
How to Use the UDX-5UP
Identify the Trend:
Use the Pivot Supertrend and SMAs to determine the market direction. Uptrend: look for buys. Downtrend: look for sells.
Confirm with Volume and RSI:
For buys: Volume above the MA 20 with green bars, RSI rising and below 70.
For sells: Volume above the MA 20 with red bars, RSI falling and above 70.
Enter the Trade:
Enter a buy when the UDX-5UP plots a "Buy" and all conditions are aligned.
Enter a sell when the UDX-5UP plots a "Sell" and all conditions are aligned.
Plan the Exit:
Use Fibonacci levels or support/resistance on the price chart to set targets.
Exit the trade when the UDX-5UP plots an opposite signal ("Sell" after a buy, "Buy" after a sell).
Tips for Beginners
Start with Larger Timeframes: Use the 4H or 1D chart for more reliable signals and less noise.
Combine with Other Indicators: Use the UDX-5UP with tools like Fibonacci or the Candles RSI (another powerful indicator) to confirm signals.
Practice in Demo Mode: Test the indicator in a demo account before using real money.
Manage Risk: Always use a stop-loss and don’t risk more than 1-2% of your capital per trade.
Why Use the UDX-5UP?
Simplicity: Clear "Buy" and "Sell" signals make trading accessible even for beginners.
Versatility: Works on any asset (crypto, forex, stocks) and timeframe.
Multiple Confirmations: Combines price, volume, and momentum to reduce false signals.
Customizable: Adjust the settings to match your trading style.
Author’s Notes
The UDX-5UP was developed based on years of trading and technical analysis experience. It is an evolution of tested strategies, designed to help traders navigate volatile markets with confidence. However, no indicator is infallible. Always combine the UDX-5UP with proper risk management and fundamental analysis, especially in unpredictable markets. Feedback is welcome – leave a comment or reach out with suggestions for improvements!
MomentumQ Momentum ROCMomentumQ Momentum Rate of Change (ROC) Indicator
The MomentumQ Momentum ROC Indicator is a powerful and user-friendly tool designed to measure the speed and strength of price momentum. By calculating the percentage change in price over a customizable period, this indicator helps traders identify trend shifts and market momentum with ease.
How It Works :
Rate of Change (ROC) Calculation :
Measures the percentage price change over a specified period (default: 14).
Helps traders determine whether an asset's momentum is increasing or decreasing.
Moving Average Smoothing :
A Simple Moving Average (SMA) is applied to the ROC for better trend visualization.
This helps filter out market noise and highlights sustained momentum trends.
Zero-Level Reference Line :
A dashed horizontal line at 0% provides a clear reference point for momentum shifts.
Above 0%: Indicates positive momentum (potential uptrend).
Below 0%: Indicates negative momentum (potential downtrend).
Key Features :
Customizable Input Parameters:
Adjust the ROC period (default: 14) to analyze short- or long-term momentum.
Modify the SMA period (default: 10) for smoother trend identification.
Intuitive Visualization :
Blue Line: Represents the Rate of Change (ROC) to track momentum shifts.
White Line: Represents the SMA of ROC, helping traders see long-term momentum.
Gray Dashed Line: A fixed reference at 0% for trend interpretation.
Momentum-Based Trading Signals :
Rising ROC: Increasing momentum, potential breakout.
Falling ROC: Weakening momentum, possible reversal.
ROC Crossing Zero: Signals a possible trend change.
User-Friendly Input Options :
Grouped settings menu for an intuitive setup experience.
Tooltips included to help traders understand each parameter.
Concepts and Calculations :
Momentum Rate of Change (ROC):
ROC = ((Close - Close ) / Close ) * 100
where n is the selected ROC period.
Simple Moving Average (SMA) of ROC :
Smooths ROC fluctuations for clearer trend insights.
How to Use :
Open the indicator settings.
Customize the ROC period (14 by default).
Enable and adjust the SMA period for smoothing (default: 10).
Analyze the plotted ROC and its SMA in relation to the zero line:
ROC > 0: Momentum is positive (uptrend).
ROC < 0: Momentum is negative (downtrend).
ROC rising or falling: Indicates strengthening or weakening momentum.
Use the insights to refine your entries and exits in trades.
Why It’s Useful :
Identifies Trend Strength – Helps detect early momentum shifts.
Confirms Trend Reversals – Zero-line crossovers can indicate changes in direction.
Works Across Multiple Markets – Stocks, Forex, Crypto, Commodities.
Customizable & Easy to Use – Adjustable settings for different strategies.
Use the MomentumQ Momentum ROC Indicator to gain deeper insights into market momentum and improve your trading decisions.
