JackBot Scalper V5.4 Who
I am Jack Donaghy, a crypto trader and wealth strategist at an international asset management firm. I have traded billions in assets for clients and have grown a portfolio of personal assets by nearly 2200% within the last 1.5 years from trading. I originally invested in cryptocurrencies in November of 2016 and been catching waves ever since. This bot is for those interested in scalping methods.
What
Jackbot Pro Scalper is scalping study for bitcoin that operates on small timeframes. It has a 60-70% success rate and operates with the goal of maximizing gains while minimizing losses. This bot works well with leveraged strategies as pursues both long and short positions. While I primarily use it on BitMex, I have seen good success on Bitfinex.
When
5-30 minute charts, longer time frames can work but have not been successful enough to warrant publishing. Best results have come from 13 and 17-minute timeframes.
How
The bot works by 1. Defining its entry point. 2. Defining a take profit 3. Defining a stop loss. The magic of the bot is that it will not close a trade at the take profit, if volume and price are increasing, it will hold the exit until another indicator determines a reversal of the trend. More than that would ruin the logic so you will just have to see for yourself.
To Trade
Large Spikes = Entries (Green = Long, Red = Short)
Small Spikes = Take Profit (Green = Long Exit, Red = Short Exit)
Medium Spikes = Stop Loss (Purple = Long SL, Yellow = Short SL)
Previous Results
Backtested, this bot shows that with 1 Bitcoin (unleveraged) you can make about 10K in a 1.5 month period. My personal experience was trading a test amount of bitcoin on a particularly good run at 25x leverage using 25% of a test portfolio It went from 0.015 bitcoin to 0.091 within 10 days. See ibb.co
Disclaimer: This strategy is by no means perfect and not every trade will be a winner. Previously results show with a 25x leveraged position, the losses are ~20% before it will cut off the trade, however, the gains can be 40%+ (As the bot continues to run in certain conditions, it will often pick up major moves and hold them for longer.) It can have bad runs and a slew of poor entries, especially in tight volatile ranges.
PLEASE NOTE: This strategy can struggle with chop following major moves, if you are manually entering, consider other market conditions before entry if the price is in a tight range.
Komut dosyalarını "scalping" için ara
YAS GROUPThis script is a powerful combination of Order Blocks (OB), market structure, and liquidity levels. It helps traders easily identify high-probability areas for entries and exits, detect trend shifts (BOS & CHoCH), and highlight strong support/resistance zones. The script is designed for both scalping and swing trading, offering flexibility and precision. Users can adjust OB sensitivity, show or hide structure labels, and customize visual settings to match their style. Alerts are also included for key signals. Perfect for traders looking to read the market like smart money.
YAS GROUP✅ يحدد لك مناطق الـ Order Blocks القوية (على فريمات 15 دقيقة، 1 ساعة، و4 ساعات).
✅ حاطين فيبو داخل الـ OB عشان تأكد نقاط الارتداد بدقة.
✅ يعطيك إشارات شراء وبيع أدق من الصقر، وتقدر تشغل أو تطفي فلاتر الـ RSI والـ EMA/SMA حسب راحتك.
✅ بعد، فيه خطوط دعم ومقاومة ديناميكية، شغّالة ع آخر Pivot Highs & Lows.
✅ ينفع حق السكالبينج، التداول اليومي، وحتى الصفقات الطويلة.
🎯 من الإعدادات، تقدر تتحكم في الفلاتر والفريمات اللي تباها.
⚠️ ترى هالمؤشر مش نصيحة مالية مباشرة، دايم خلك حذر، وطبّق إدارة رأس مالك عدل.
🔔 ولاتنسى تحط التنبيهات، عشان توصلك الإشارات وأنت مرتاح.
بالتوفيق ، ورزقك إن شاء الله فوووق!
Hey brother, this indicator is fully loaded and super accurate! 🙌🔥
✅ Detects strong Order Blocks (15m, 1H, 4H).
✅ Adds Fibonacci levels inside OBs to confirm precise reversal points.
✅ Gives you super sharp Buy & Sell signals, with optional RSI and EMA/SMA filters you can toggle on/off.
✅ Also has dynamic Support & Resistance lines, based on the latest pivot highs & lows.
✅ Suitable for scalping, day trading, and swing trading.
🎯 You can easily customize filters and select the timeframes you want from the settings.
⚠️ Note: This is not financial advice — always use proper risk management and stay cautious.
🔔 Don't forget to set alerts so you never miss an opportunity.
Good luck and smash those profits! 🚀🔥
مع تحيات قروب ابو سلطان
YAS GROUPFOR ALL YAS GROUP MEMBERS
🔥 مؤشر متكامل يجمع بين عدة تقنيات احترافية لتحديد أفضل مناطق الدخول والخروج بدقة عالية:
✅ مناطق الـ Order Blocks القوية (15m, 1H, 4H)
✅ نسب الفيبوناتشي داخل الـ OB لتأكيد نقاط الانعكاس
✅ إشارات شراء وبيع دقيقة مع إمكانية تفعيل فلتر RSI و EMA/SMA
✅ خطوط دعم ومقاومة ديناميكية مبنية على آخر Pivot Highs & Lows
✅ مناسب للسكالبينج، التداول اليومي، وحتى الصفقات المتوسطة والطويلة
🎯 يمكنك التحكم في شروط الفلاتر وتخصيص الفريمات التي تهمك بسهولة من الإعدادات.
💡 هدف المؤشر: مساعدة المتداول في اتخاذ قرارات مدروسة ومبنية على مناطق سيولة وتجمع أوامر حقيقية، وليس فقط إشارات عشوائية.
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⚠️ ملاحظة:
- لا يعتبر هذا المؤشر نصيحة مالية مباشرة.
- يفضل استخدامه مع إدارة رأس المال ومراعاة الأخبار والتحليل الأساسي.
🔔 لا تنسَ تفعيل التنبيهات للإشارات المهمة!
🔥 A complete all-in-one indicator combining multiple professional techniques to accurately detect the best entry and exit zones:
✅ Strong Order Blocks zones (15m, 1H, 4H)
✅ Fibonacci levels inside OBs to confirm reversal points
✅ Highly precise Buy/Sell signals with optional RSI and EMA/SMA filters
✅ Dynamic Support & Resistance lines based on latest pivot highs & lows
✅ Perfect for scalping, day trading, and swing trading
🎯 Easily customize filters and timeframes directly from the settings.
💡 Goal: Help traders make more confident, well-informed decisions based on real liquidity and order flow zones rather than random signals.
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⚠️ Disclaimer:
- This indicator is not financial advice.
- Always combine it with proper risk management, fundamental analysis, and market context.
🔔 Don’t forget to set alerts to stay on top of key signals!
مع تحيات محمد الابرزي وقروب ابو سلطان
Goldbach Algo 2 – Buy/Sell Signals | NAS100 BTC SPX XAULadies and Gentlemen,
I'm proud to present the Goldbach Algo 2 Indicator , a precision-based, algorithmic Buy/Sell signal tool specially optimized for NAS100, SPX, BTC, and XAUUSD.
This tool is built for serious traders who want clean, rule-based entries and confirmation-driven setups, without relying on lagging indicators. It operates using structured Goldbach ranges and PO3 logic, mapping engineered price delivery across fractals like 243, 729, and 81.
This tool is built around Goldbach-derived PO3 ranges and reflects how algorithmic price delivery reacts within key zones of liquidity. It's ideal for traders who seek clarity, structure, and a logic-driven approach — not noise or guesswork.
This is not a repainting or lagging indicator. It’s a logic-based signal engine that uses PO3 behavior inside mathematically defined dealing ranges — originally optimized for 243 (default), but fully customizable to fit your strategy and asset.
⚙️ How It Works :
The indicator reads algorithmic behavior using PO3 structure inside fractal-based price ranges such as:
243 (Default)
81 (Good for Gold / XAUUSD)
729 (Macro confirmations)
27 or 162 (Advanced fine-tuning)
The default PO3 range is 243, which works well with NAS100 and trending indices.
However, Gold (XAUUSD) traders may find more signal clarity using 81.
You can adjust this easily inside the settings panel.
📈 Suggested Timeframes:
1–5 min: Scalping or NY Open setups
15–30 min: Intra-day confirmation
1H–4H: Macro trend & swing trade clarity
🧠 Assets That Work Well:
NAS100 (optimized)
XAUUSD (set PO3 = 81)
BTCUSD
SPX / S&P500
...and any instrument that respects structured algorithmic delivery
We recommend testing different PO3 settings per asset during your trial. This allows you to dial in the range that gives clean signals for your preferred market.
📊 Using the Goldbach Algo 2 Efficiently
This indicator was made for real traders — those who understand the value of alignment. You can combine the Buy/Sell signals with your own ICT-style session timing, such as New York Killzone or Tesla 3-6-9 timing models, to build high-probability entries. The goal is not just to trade randomly, but to enter with the trend, not against it.
Backtesting is strongly encouraged. Use the tool to identify manipulation sweeps and take trades that align with session-based reversals, Goldbach range taps, or PO3 formations.
🎛️ Custom View Options (Settings Tab):
PO3 Range: Default is set to 243, but you can change it freely to any fractal range like 81, 729, or 27 to suit your asset.
Goldbach Zones & Lines: Toggle these on or off to clean up your chart or track engineered levels more clearly.
Signal Style: Choose between Buy/Sell text labels or simple green/red circle signals for visual clarity.
Zone Colors: RB, OB, FV, MB, BR, LV zones are all color-coded and editable.
Whether you’re trading XAUUSD with 81 or NAS100 with 243, this indicator flexes to fit your structure.
Backtest, align, and confirm — and use it to support, not replace, your existing system.
⚠️ Important Note:
This is not financial advice.
All trading carries risk and past performance is not indicative of future results.
Use this tool as a confirmation layer within a well-structured trading system.
🔐 Access Info:
🤝 Try It FREE First — No Pressure
You're encouraged to try this tool at your own pace. Use the free trial period to calmly test how well the signals align with your personal strategy and market style . Whether you're trading NAS100, SPX, BTC, or XAUUSD — see for yourself how the indicator fits into your existing routine. Only when you're confident it adds value should you consider unlocking full access. No pressure, no rush — just precision and clarity.
💬 If you find it useful, we can discuss a one-time access fee — no monthly charges, no pressure. I want you to feel confident before committing.
📩 Contact me anytime here on TradingView (DM) or via Discord / YouTube (see bio/profile for links).
Thank you , traders. Enjoy the tool, and Good luck in the markets!
All in one (Plus) [NMTUAN]Introducing All-in-one V2.3 : Your Complete Trading Compass!
Are you searching for a single, powerful trading system that offers a holistic view of the market and pinpoints optimal entry and exit points? Look no further than All-in-one V2.3 , the meticulously refined indicator system developed by author Nguyễn Minh Tuấn. This comprehensive solution is designed to empower traders with everything they need to navigate any financial market, on any timeframe.
All-in-one V2.3 integrates a full suite of essential trading tools, providing you with unparalleled clarity and precision:
Advanced Trend Identification: Get a crystal-clear understanding of market direction. Our system's sophisticated trend indicators help you cut through the noise, ensuring you're always aligned with the prevailing market momentum.
Dynamic Support & Resistance: Say goodbye to guesswork. All-in-one V2.3 accurately identifies dynamic support and resistance levels, giving you critical insights into potential price turning points for strategic decision-making.
Comprehensive Market Insights: From market sentiment to volatility, this system offers a panoramic view of the market's underlying dynamics. You'll gain a deeper understanding of what's driving price action, enabling more informed trades.
The true power of All-in-one V2.3 lies in its versatility and comprehensive nature. It's engineered to adapt to your trading style and preferences, making it ideal for:
Any Financial Product: Whether you trade stocks, forex, commodities, cryptocurrencies, or indices, All-in-one (Plus) provides relevant and actionable insights across the board.
Any Timeframe: From scalping on minute charts to long-term investing on daily or weekly charts, the system seamlessly adjusts to your preferred trading horizon.
With All-in-one (Plus) , you're not just getting a collection of indicators; you're gaining a fully integrated trading environment that helps you:
See the Big Picture: Understand how various market forces are interacting.
Choose Optimal Entry/Exit Points: Confidently identify when to enter and exit trades for maximum potential.
Simplify Your Analysis: Reduce clutter and focus on what truly matters for profitable trading.
Empower your trading with All-in-one (Plus) and experience market clarity like never before.
Ready to elevate your trading journey?
Accurate Scalper A.I🔑 CORE FEATURES 🔑
✅ AUTOMATED SUPPORT/RESISTANCE & TREND LINE
Dynamic levels plotted in real-time
Multi-timeframe confirmation Only for Scalping
✅ A.I Powered Accurate Buy & Sell signal
✅ Accurate to Identify Sideways Market
✅ A.I-POWERED FIBONACCI TOOL
Instant retracement/extension zones
Fibonacci Time Zones + Price Levels
Moving Average Exponential//@version=5
indicator("ETH Scalping Strategy", overlay=true)
// Define the short-term and medium-term EMAs
ema9 = ta.ema(close, 9)
ema21 = ta.ema(close, 21)
// Define RSI
rsi = ta.rsi(close, 14)
// Define Buy and Sell conditions
buyCondition = ta.crossover(ema9, ema21) and rsi > 50
sellCondition = ta.crossunder(ema9, ema21) and rsi < 50
// Plot the EMAs on the chart
plot(ema9, color=color.green, title="EMA 9", linewidth=2)
plot(ema21, color=color.red, title="EMA 21", linewidth=2)
// Plot buy/sell signals as arrows on the chart
plotshape(series=buyCondition, location=location.belowbar, color=color.green, style=shape.labelup, title="Buy Signal", text="BUY")
plotshape(series=sellCondition, location=location.abovebar, color=color.red, style=shape.labeldown, title="Sell Signal", text="SELL")
// Generate alerts based on buy/sell conditions
alertcondition(buyCondition, title="Buy Signal", message="ETH Buy Signal: EMA9 crossed above EMA21 and RSI > 50")
alertcondition(sellCondition, title="Sell Signal", message="ETH Sell Signal: EMA9 crossed below EMA21 and RSI < 50")
(STC) with Buy/Sell
PS! This is ment to be used as compliment and confirmation for indicator "UT Bot + LinReg Candles (Dual Sensitivity) by PDK1977
Schaff Trend Cycle (STC) Oscillator with Buy/Sell Signals
The Schaff Trend Cycle (STC) is a fast and reliable oscillator developed by Doug Schaff, designed to improve on traditional cycle indicators like MACD and Stochastic. The STC indicator helps you identify trend direction, potential reversals, and entry/exit points with greater speed and accuracy.
Key Features:
Clear, Color-Coded Line: The STC line turns green when rising and red when falling, making trend changes easy to spot.
Buy/Sell Signals:
Buy: When the STC line crosses up over the 25 level, a green triangle appears, suggesting bullish momentum.
Sell: When the STC line crosses down under the 75 level, a red triangle appears, highlighting potential bearish momentum.
Levels: 25 and 75 are highlighted to mark overbought and oversold regions.
Separate Pane: Designed to be displayed in its own subwindow below the main chart, keeping your price action clean and uncluttered.
How to Use:
Buy Signal: Watch for the STC to cross above 25 for possible long entries.
Sell Signal: Watch for the STC to cross below 75 for possible short entries.
The indicator works on all timeframes and is suitable for trending markets, swing trading, and scalping strategies.
Tip: Combine STC signals with other trend or volume indicators for added confirmation and more robust trading decisions.
GANN Angles LevelsGANN Angles Levels - Mathematical Support & Resistance (45°, 90°, 180°, 360°)
GANN-based mathematical support/resistance levels using square root calculations and geometric angles. Provides 4 key GANN levels with customizable multipliers.
🎯 GANN ANGLES LEVELS (GAL)
This indicator calculates support and resistance levels using W.D. GANN's mathematical principles based on square roots and geometric angles.
✨ KEY FEATURES:
- 📐 4 GANN Geometric Angles: 45°, 90°, 180°, 360°
- 🔢 Manual Price Input for Base Level
- 📈 Bullish/Bearish Direction Selection
- ⚙️ Customizable Multipliers (0.5, 1, 1.5, 2, None)
- 📊 Optional Information Table
- 🎨 Color-coded Levels (Blue for input, Green/Red for calculated levels)
💡 HOW TO USE:
1. 🎯 **CRITICAL: Select a REAL high or low point** (significant peak or trough)
2. Set this high/low price manually as your base price
3. Choose direction:
• **Bullish** for support levels (from a major LOW)
• **Bearish** for resistance levels (from a major HIGH)
4. **Select multiplier based on timeframe:**
• 📈 **Higher timeframes (Daily, Weekly, Monthly):** Use larger multipliers (1.5, 2)
• ⚡ **Lower timeframes (1H, 4H, 15M, 5M):** Use smaller multipliers (0.5, 1) or None
• 🎯 **Scalping/Intraday:** Often use "None" for tighter levels
5. GANN levels will be calculated progressively using the time-tested formula
⚠️ **IMPORTANT NOTE:**
The accuracy of GANN levels depends heavily on selecting genuine market highs and lows. Use significant pivot points, not random price levels.
🎯 PERFECT FOR:
- GANN Analysis & Trading
- Mathematical Support/Resistance
- Price Target Setting
- Geometric Price Analysis
- Classical Technical Analysis
Based on W.D. GANN's time-tested mathematical principles for market analysis.
🔒 PROTECTED SCRIPT
This indicator is protected and the source code is not visible.
All rights reserved.
Candle Emotion Oscillator [CEO]Candle Emotion Oscillator (CEO) - Revolutionary User Guide
🧠 World's First Market Psychology Oscillator
The Candle Emotion Oscillator (CEO) is a groundbreaking indicator that measures market emotions through pure candle price action analysis. This is the first oscillator ever created that translates candle patterns into psychological states, giving you unprecedented insight into market sentiment.
🚀 Revolutionary Concept
What Makes CEO Unique
100% Pure Price Action: No volume, no external data - just candle analysis
Market Psychology: Measures actual emotions: Fear, Greed, Panic, Euphoria
Never Been Done Before: First oscillator to analyze market emotions
Exhaustion Prediction: Detects emotional fatigue before reversals
Fast Response: Perfect for your 2-5 minute scalping setup
The Four Core Emotions
🟢 GREED (Positive Values)
What it measures: Market conviction and decisiveness
Candle Pattern: Large bodies, small wicks
Psychology: Traders are confident and decisive
Oscillator: Positive values (0 to +100)
Trading Implication: Trend continuation likely
🔴 FEAR (Negative Values)
What it measures: Market uncertainty and indecision
Candle Pattern: Small bodies, large wicks
Psychology: Traders are uncertain and hesitant
Oscillator: Negative values (0 to -100)
Trading Implication: Consolidation or reversal likely
🚀 EUPHORIA (Extreme Positive)
What it measures: Excessive optimism and buying pressure
Candle Pattern: Large green bodies with upper wicks
Psychology: Extreme bullish sentiment
Oscillator: Values above +60
Trading Implication: Overbought, reversal warning
💥 PANIC (Extreme Negative)
What it measures: Capitulation and selling pressure
Candle Pattern: Large red bodies with lower wicks
Psychology: Extreme bearish sentiment
Oscillator: Values below -60
Trading Implication: Oversold, reversal opportunity
📊 Visual Elements Explained
Main Components
Thick Colored Line: Primary emotion oscillator
Green: Greed (positive emotions)
Red: Fear (negative emotions)
Bright Green: Euphoria (extreme positive)
Dark Red: Panic (extreme negative)
Thin Blue Line: Emotion trend (longer-term context)
Background Gradient: Emotional intensity
Darker = stronger emotions
Lighter = weaker emotions
Diamond Signals: 🔶 Emotional exhaustion detected
Rocket Signals: 🚀 Extreme euphoria warning
Explosion Signals: 💥 Extreme panic warning
Information Table (Top Right)
ITM 2x15// © 2025 Intraday Trading Machine
// This script is open-source. You may use and modify it, but please give credit.
// Colors the current 15-minute candle body green or red if the two previous candles were both bullish or bearish.
This script is designed for traders using the Scalping Intraday Trading Machine technique. It highlights when two consecutive 15-minute candles close in the same direction — either both bullish or both bearish.
For example, if you see two consecutive bearish candles, you might look for a long entry on a break above the high of the first bearish candle. This tool helps you visually identify these setups with clean, directional candle coloring — no clutter.
Supports & Resistances with MomentumSupports & Resistances with Momentum is an advanced indicator for scalping and intraday trading It shows dynamic support and resistance levels, clear BUY/SELL signals with TP targets and stop-loss lines, plus optional RSI and volume plots Fully customizable and designed for quick, precise trade decisions.
KT Smart Support Resistance ProKT Smart Support Resistance Pro
📋 Overview
The KT Smart Support Resistance Pro is an advanced technical analysis indicator that automatically identifies dynamic support and resistance levels using volume-based analysis. This indicator goes beyond traditional pivot point methods by incorporating delta volume calculations to validate the strength of each level.
🎯 Key Features
✨ Smart Volume-Based Detection
Delta Volume Analysis: Uses positive/negative volume flow to validate support/resistance levels
Volume Filtering: Filters out weak levels using customizable volume thresholds
Gradient Color Coding: Visual intensity based on volume strength
📊 Dynamic Level Management
Adaptive Box Width: ATR-based box sizing for different market volatility
Real-time Updates: Boxes extend automatically as new bars form
Breakout Detection: Instant identification when levels are broken or hold
🔄 Role Reversal Recognition
Support-to-Resistance: Automatically detects when broken support becomes new resistance
Resistance-to-Support: Identifies when broken resistance turns into support
Visual Confirmation: Color changes and symbols for easy recognition
📈 How It Works
1. Volume Analysis
The indicator calculates delta volume by analyzing:
Positive Volume: When close > open (buying pressure)
Negative Volume: When close < open (selling pressure)
2. Level Identification
Support Levels: Created at pivot lows with high positive volume
Resistance Levels: Created at pivot highs with high negative volume
3. Visual Signals
Green Boxes: Support levels with volume intensity coloring
Red Boxes: Resistance levels with volume intensity coloring
Diamond Symbols: Level holds (◆)
Break Labels: Clear breakout notifications
4. Dynamic Updates
Solid Lines: Active, holding levels
Dashed Lines: Broken levels
Color Changes: Red for broken support, Green for broken resistance
🎨 Visual Elements
Box Colors
Green Gradient: Support levels (intensity based on positive volume)
Red Gradient: Resistance levels (intensity based on negative volume)
Transparency: Weaker levels appear more transparent
Symbols & Labels
Green ◆: Support/Resistance holds
Red ◆: Level rejection
"Break Sup": Support breakout label
"Break Res": Resistance breakout label
💡 Trading Applications
Entry Signals
Buy: When price bounces off support (green diamond)
Sell: When price bounces off resistance (red diamond)
Breakout Trades: When labels appear for confirmed breaks
Risk Management
Use box boundaries for stop-loss placement
Volume intensity indicates level strength
Role reversal helps identify new trading opportunities
Multi-Timeframe Analysis
Works on any timeframe
Higher timeframes provide stronger levels
Intraday scalping on lower timeframes
🔧 Best Practices
Optimization Tips
Adjust Lookback Period:
Shorter (10-15): More sensitive, frequent signals
Longer (25-50): Stronger, fewer signals
Volume Filter Tuning:
Lower values: More levels, higher noise
Higher values: Fewer, stronger levels
Box Width Adjustment:
Volatile markets: Increase width
Stable markets: Decrease width
Market Conditions
Trending Markets: Focus on breakout signals
Ranging Markets: Trade bounces off levels
High Volume: Gives more reliable signals
⚠️ Important Notes
Limitations
Requires sufficient volume data for accuracy
May produce false signals in extremely low volume conditions
Best used in conjunction with other technical analysis tools
Performance
Maximum 50 boxes displayed simultaneously
Automatic cleanup of old levels
Optimized for real-time trading
🚀 Advanced Features
Volume Intelligence
The indicator's unique selling point is its volume-based validation:
Only creates levels where significant volume confirms the turning point
Eliminates weak pivot points that lack institutional interest
Provides volume information directly on each box
Adaptive Behavior
Box width adjusts to market volatility (ATR-based)
Volume thresholds adapt to recent volume patterns
Color intensity reflects relative volume strength
📞 Support & Updates
This indicator is actively maintained and updated based on user feedback. The algorithm continuously evolves to adapt to changing market conditions while maintaining its core volume-based approach.
Disclaimer: This indicator is for educational and analysis purposes. Always combine with proper risk management and additional confirmation signals before making trading decisions.
SP-CryptorViewWhat Is It?
SP-CryptorView is a real-time crypto scanner that tracks up to 11 different coins or tokens. It uses popular technical indicators to help you decide which crypto is bullish or bearish at a glance — all in one clean table.
What Does It Do?
It scans each selected crypto using the following indicators:
Indicator What it checks
📊MACD Smoothed MACD crossover for trend direction
📉 VWAP Price above or below Volume-Weighted Average Price
🔄 RSI Momentum strength
📍 PSAR Parabolic SAR reversal trend
🧭 EMA Trends Short-term(EMA1) and swing(EMA2) moving averages
🔥 Volume Trend Dominant volume side: bulls vs bears
📏 Strength Score Strength of the current trend (strong/weak)
🎯 Trend Score Combined score based on all signals (0–9+)
How to Use It
Step 1: Add the Script
Copy and paste the Pine Script code into TradingView’s Pine Editor.
Click Add to Chart.
Step 2: Customize Settings
In the settings panel, choose:
✅ Which 11 tickers (cryptos) you want to scan.
📅 The timeframe (default is chart’s current timeframe).
🧱 Table position on the screen (top-right, bottom-left, etc.).
🔠 Table size (tiny, small, normal, large).
Tip: Use BTCUSD, ETHUSD, etc. from your preferred exchange.
🟩 How to Read the Table
Each row is one ticker (e.g., BTC, ETH), and each column shows a signal.
Column What It Tells You
Ticker The symbol name (e.g., BTCUSD)
Price Current price
Signal Buy/Sell based on recent price breakout
MACD ↑ if bullish MACD crossover, ↓ if bearish
VWAP Price trend relative to VWAP
RSI RSI value; color shows strength (green/red)
PSAR Reversal signal: ↑ if bullish, ↓ if bearish
EMA1 Short-term trend: ↑ (bullish), ↓ (bearish)
EMA2 Swing trend: ↑ (bullish), ↓ (bearish)
Volume Bull/Bear strength based on candle position
Trend Strength ADX strength: green = strong trend, red = weak
Trend Score Summary score: 🔥 (very bullish), 🔻 (bearish), etc.
🧠 Interpreting the Trend Score
Score Meaning
🔥 9+ Very strong bullish trend
💪 7–8 Strong bullish signals
⚠️ 5–6 Neutral or mixed trend
🔻 0–4 Bearish or weak trend
Use this to rank and filter the best-performing or weakest assets.
💡 Pro Tips
Use on multiple timeframes (e.g., 1H, 4H, 1D) for multi-timeframe confirmation.
Combine this dashboard with your price action and support/resistance levels.
Great for day trading, scalping, or portfolio monitoring.
❓ FAQs
📌 Can I use fewer than 11 tickers?
Yes. Just leave unused ones as defaults or empty — they’ll still work.
📌 Can I change the indicators?
You’d need to modify the Pine Script, but the base indicators are already customizable.
📌 Is it repainting?
No. All indicators use standard Pine Script logic and don’t repaint past values.
BG ema mtfBG ema mtf – Multi-Timeframe Sentiment Dashboard
The BG EMA MTF indicator provides a quick overview of the overall market trend by analyzing 5 Exponential Moving Averages (EMAs) across 5 different timeframes. It calculates the direction of each EMA within each timeframe and produces a global sentiment score based on the number of bullish or bearish signals.
Key Features:
Multi-timeframe analysis (1min to 30min)
EMAs: 5, 20, 50, 70, and 200
Global sentiment score (Bullish / Bearish / Neutral)
Fully customizable visual dashboard with adjustable colors and text size
Suitable for scalping, day trading, or swing trading
This tool helps traders quickly assess market momentum and structure using reliable EMA trend signals.
You can tailor it to different instruments such as crypto, forex, or equities depending on your strategy.
Gann Ultimate Time-Price Squares Method V 1.0This Script is an outcome of my Passion towards Gann Theory and his Methodology towards Trading.
The Script is still Evolving.So wait for more updates....
# Complete Trading Guide: Gann Time-Price Squares Indicator
## 🎯 Core Trading Philosophy
**Gann's Key Principle**: "When time and price come together, a change in trend occurs."
Your indicator identifies these critical moments where **Time = Price**, creating high-probability trading opportunities.
---
## 📊 Setup & Configuration
### Recommended Settings by Timeframe
| Timeframe | Pivot Lookback | Min Price Move | Tolerance | Use Case |
|-----------|---------------|----------------|-----------|----------|
| **1-5 min** | 5-8 bars | 0.5-1.0 | 1.0-2.0 | Scalping |
| **15-30 min** | 8-12 bars | 1.0-3.0 | 1.5-2.5 | Day Trading |
| **1-4 hour** | 10-15 bars | 2.0-5.0 | 2.0-3.0 | Swing Trading |
| **Daily** | 15-25 bars | 5.0-20.0 | 3.0-5.0 | Position Trading |
### Initial Setup Steps
1. **Add indicator** to your chart
2. **Set lookback period** based on your timeframe
3. **Adjust tolerance** - start with 2.0 and fine-tune
4. **Enable all visualizations** initially
5. **Position info table** where it doesn't block price action
---
## 🚀 Trading Strategies
### Strategy 1: Square Completion Reversal Trading
#### **Long Entry Setup**
```
CONDITIONS:
✅ Bullish square completes (green box appears)
✅ Info table shows "✅ COMPLETED" status
✅ Price bounces off square's bottom edge
✅ Volume increases on bounce
✅ RSI < 30 (oversold confirmation)
ENTRY: Market buy when price breaks above square's top edge
STOP: Below square's bottom edge (-2 ATR)
TARGET: Next resistance level or 1:2 Risk/Reward
```
#### **Short Entry Setup**
```
CONDITIONS:
✅ Bearish square completes (red box appears)
✅ Info table shows "✅ COMPLETED" status
✅ Price rejects square's top edge
✅ Volume increases on rejection
✅ RSI > 70 (overbought confirmation)
ENTRY: Market sell when price breaks below square's bottom edge
STOP: Above square's top edge (+2 ATR)
TARGET: Next support level or 1:2 Risk/Reward
```
### Strategy 2: Gann Angle Trend Following
#### **1x1 Angle (45°) - The Master Angle**
- **Most Important**: This is Gann's primary trend line
- **Bullish**: Price above 1x1 = uptrend intact
- **Bearish**: Price below 1x1 = downtrend intact
- **Break**: 1x1 angle break = major trend change
#### **Multi-Angle Confluence Trading**
```
STRONG BULLISH SIGNAL:
✅ Price above 1x1 angle (45°)
✅ Bouncing off 2x1 angle (support)
✅ Volume increasing
✅ Multiple angles pointing up
ENTRY: Buy on 2x1 angle bounce
STOP: Below 1x2 angle
TARGET: Next angle resistance
```
### Strategy 3: Projection Trading (Forming Squares)
#### **Anticipation Strategy**
```
SETUP IDENTIFICATION:
👀 Info table shows "⚡ FORMING" status
👀 Progress bar > 70%
👀 P/T Ratio approaching 1.00
👀 Price approaching projected completion zone
ENTRY PREPARATION:
- Set alerts for projected completion levels
- Prepare for reversal at projection zone
- Watch for volume confirmation
- Monitor momentum indicators
```
## 📈 Step-by-Step Trading Process
### Phase 1: Market Analysis (Before Trading)
1. **Check Market Trend**: Look at info table trend indicator
2. **Identify Active Pivots**: Note last significant high/low
3. **Assess Volatility**: High volatility = larger stops needed
4. **Review Completed Squares**: These become support/resistance zones
### Phase 2: Trade Setup Identification
1. **Monitor Forming Squares**: Watch progress bars in info table
2. **Check Gann Angles**: Are they supporting or opposing your bias?
3. **Confirm with Volume**: Look for volume spikes at key levels
4. **Set Alerts**: Use TradingView alerts for completion zones
### Phase 3: Trade Execution
1. **Wait for Confirmation**: Don't trade on projections alone
2. **Enter on Breakout**: Price breaking square boundaries
3. **Set Stops Immediately**: Use square edges as stop levels
4. **Scale Out**: Take partial profits at angle intersections
### Phase 4: Trade Management
1. **Trail Stops**: Use Gann angles as trailing stop levels
2. **Monitor Progress**: Watch for new square formations
3. **Exit Signals**: New squares in opposite direction
4. **Review Performance**: Analyze win/loss against square accuracy
---
## 🎯 High-Probability Setups
### Setup A: Double Confirmation
```
BULLISH EXAMPLE:
1. Bullish square completes at major support
2. Price bounces off 1x1 Gann angle
3. Volume surge confirms reversal
4. RSI divergence present
PROBABILITY: 75-80%
RISK/REWARD: 1:3 typical
```
### Setup B: Angle Breakout
```
BEARISH EXAMPLE:
1. Price breaks below 1x1 angle
2. Bearish square forming below break
3. Multiple angles now resistance
4. Volume confirms breakdown
PROBABILITY: 70-75%
RISK/REWARD: 1:2.5 typical
```
### Setup C: Time Cycle Convergence
```
REVERSAL EXAMPLE:
1. Square completion at time cycle high/low
2. Multiple Gann angles converging
3. Momentum divergence
4. Volume climax
PROBABILITY: 80-85%
RISK/REWARD: 1:4 possible
```
---
## ⚠️ Risk Management Rules
### Position Sizing
- **Conservative**: 1-2% risk per trade
- **Aggressive**: 2-3% risk per trade
- **Never exceed**: 5% total portfolio risk
### Stop Loss Guidelines
- **Completed Squares**: Opposite edge + 1 ATR
- **Gann Angles**: Below/above angle + 0.5 ATR
- **Projections**: 50% of square height
### Take Profit Targets
- **Target 1**: Next Gann angle (1:1 R/R)
- **Target 2**: Next completed square (1:2 R/R)
- **Target 3**: Major S/R level (1:3 R/R)
---
## 📊 Reading the Info Table for Trading
### Market Trend Section
```
📈 BULLISH → Look for long setups
📉 BEARISH → Look for short setups
➡️ NEUTRAL → Wait for direction
```
### Volatility Status
```
🔥 HIGH → Larger stops needed
⚡ ELEVATED → Normal stops
😴 LOW → Tighter stops possible
📊 NORMAL → Standard approach
```
### Square Progress Monitoring
```
✅ COMPLETED → Ready to trade
⚡ FORMING → Prepare for setup
🔥 ACTIVE → Monitor closely
⏳ WAITING → No immediate action
```
### P/T Ratio Interpretation
```
🎯 Perfect (0.8-1.2) → High probability setup
⚡ Good (0.6-1.4) → Moderate probability
⚠️ Watch (outside range) → Lower probability
```
---
## 🔄 Common Trading Scenarios
### Scenario 1: Trend Continuation
**Setup**: Price pulls back to completed square in uptrend
**Action**: Buy at square support with 1x1 angle confirmation
**Management**: Trail stop below each new square formation
### Scenario 2: Reversal Trading
**Setup**: Multiple squares complete at major S/R
**Action**: Fade the move when price rejects square edges
**Management**: Quick profits, tight stops
### Scenario 3: Breakout Trading
**Setup**: Price consolidates in square, then breaks out
**Action**: Trade breakout direction with volume confirmation
**Management**: Use opposite square edge as stop
---
## 📱 Alert Setup Recommendations
### Critical Alerts
1. **Square Completion**: "Gann Square Completed - Check for reversal"
2. **1x1 Angle Break**: "Master angle broken - Trend change possible"
3. **Projection Reached**: "Forming square at 90% - Prepare for reversal"
4. **Multi-Angle Touch**: "Price at angle confluence - High probability setup"
---
Remember: **Gann analysis is both art and science**. The indicator provides the mathematical framework, but successful trading requires patience, discipline, and continuous learning. Start with small positions while you master the methodology!
Gabriel's Relative Strength IndexGabriel’s RSI—The Reinvention of Relative Strength
Not your average RSI.
This is a fully reengineered Relative Strength Index that merges the power of advanced signal processing, adaptive smoothing, volume dynamics, and intelligent divergence detection into a single, modular toolkit designed for precision trading across all markets.
Whether you’re scalping crypto, swing trading equities, or dissecting futures contracts—Gabriel’s RSI adapts to your strategy with unrivaled control and clarity.
1. RSI Settings
RSI Length (Jurik): Set to 51 by default to mimic a 21-period standard RSI when Jurik smoothing is applied. Adjust lower (e.g., 22) to mimic a 9-period RSI.
RSI Source: The default is hlc3 for smoother RSI inputs. Can be changed to any price-based series (close, open, etc.) for customization.
2. RSI Smoothing Options
MA Type: Smoothing applies to both RSI and its MA overlay simultaneously. I used to use the 56 EMA RSI, and it works well too.
JMA: Best for adaptive recursive smoothing. A power of 2 and a phase of 50 are used.
T3: Smooth and lag-reduced, suitable for trend detection. The alpha is 0.7.
SMA + Bollinger Bands: Adds deviation-based envelopes for volatility spotting.
MA Length: Affects how smooth or reactive the RSI signal is.
BB StdDev: Only relevant if BBs are used. Controls bandwidth for overbought/oversold zones.
3. MACD Settings
Fast/Slow Length: Defaults (21/81) optimized for smoother MACD with SMA or T3. For Algo trading, EMA/JMA is best.
Signal Length: Shorter (e.g., 2) gives more reactive crossover signals, it can be increased.
Source: Default is close. Close works best for the settings I input.
MA Types: JMA and EMA reduce noise and increase signal generation. Select SMA for simplicity or T3 for trend-following.
Histogram: Bar colors signal strength and trend of MACD directly on your chart.
4. Directional Movement Index (DMI)
ADX Smoothing: High values (e.g., 100) offer strong trend confirmation with Hann Window smoothing.
DI Length: Affects DI+/- sensitivity. 100 ADX - 12 DI or 15 ADX - 35 DI are suggested, the latter for quicker boot time, as 100 bars is quite long.
Smoothing Type: Choose Hann Window for refined smoothing; RMA (SMMA) for simplicity.
Volatility Type: ATR includes gaps; ADR is useful for gapless strategies.
Plotted as area fills, 0 to 100 scaled.
5. Volume Z-Score
%R Length: Normalizes volume to percentile range (73 swing, 112 exhaustion).
Z-Score Lengths: Compares short-term and long-term volume trends with Z-scores of volume.
Fast Z-Score < Slow Z-Score = Gives a Volume Squeeze.
Fast MA > Slow MA = Bullish Volume Divergence; volume has been fired. Not via Z-score, but instead via SMA, ALMA, and RMA of volume.
WPR Volume: Weighted %R used to highlight exhaustion/pivot points.
Plot volume bars after a volume squeeze has been fired; if bars aren't plotted, then it's under squeeze. Backtest on ES1! Prove it's good for catching bottoms below 15 minutes as well.
6. Divergence Engine
Pivot Settings: Pivot Period (12), Divergence minval Lookback (5), and max Lookback Bars (100) control sensitivity. Works well on any asset class; these are the optimal settings for the RSI.
Source Options: RSI, MACD, ADX, DI difference, or Volume %R.
Divergence Type:
Regular: Classic reversal signals.
Hidden: Continuation signals.
Heikin Ashi Mode: Enables use of HA candles on normal charts for smoother pivots. May distort values if your chart is H.A. so leave it unchecked then.
7. Squeeze Momentum (SQZMOM)
Squeeze Types:
Wide (Black): Regular compression
Normal (Red), Regular Squeeze
Narrow (Yellow), Golden Squeeze
Very Narrow (Purple) Extreme compression
Fired (Green): Breakout detected
Plotted as circles on the bottom of my indicator.
Momentum Bar Colors:
Cyan: Rising momentum
Blue: Pullback within uptrend
Red: Falling momentum
Yellow: Correction within downtrend
Reversal Lines: Dashed lines indicate momentum crossing its Jurik MA (DM-Style Pivots).
Plotted as squares on the top of my indicator.
8. Rate of Change (RoC)
RoC of Momentum: EMA-smoothed RoC on momentum for leading signals. Double smoothed, once and then another time for smoother signals.
Signal Line: JMA used to filter noise and generate reversal signals.
Crossovers: Bullish/bearish signals based on RoC vs signal line are plotted as triangles directly on your chart.
Optimized: Backtested for short-term setups like 1H or faster. Works on Daily timeframes as well for Futures.
9. Multi-Timeframe Squeeze Settings
Each timeframe (Hourly, 4H, Daily, Weekly, Monthly) has:
Reversal Toggle: Enables dashed line DM-Style Pivots on crossovers.
MA Length: For Jurik MA smoothing on momentum.
BB/KC Thresholds: Define squeeze sensitivity per timeframe. A shorter BB/KC length, 17-14-12, responds better on lower timeframes.
Momentum Length: Tailors oscillator responsiveness; 20 is ideal.
10. BB Std. Deviation Scaling
Low-Pass Super Smoother : Smooths (True Range) noise for BBs.
High-Pass Butterworth : Extracts cycles for BB Stdv. blend.
Root Mean Squared : Dynamic BB width adjustment based on market activity.
11. Alerts
RSI: Overbought/oversold reversals. Several types.
MACD: Histogram shift through zero line.
DMI/ADX: Crossovers and strength conditions. The 17 key level is used for the ADX.
Volume: Smart Money alerts on low-volume zones. May concentrate on ICT sessions.
Squeeze: Alerts on all 5 squeeze states.
Momentum: Crosses and reversals.
RoC: Bullish and bearish crosses.
Divergences: Regular, hidden, combined.
12. Visual Output Summary
RSI Line + MA/BBs
MACD Histogram Bar Colors
DMI/ADX as area fills
Volume %R columns
Squeeze Momentum Shapes and Dots
RoC Crossover Arrows
DM-style Breakout Pivots
Divergence Lines and Labels
Best Practices
Watch the slope of the RSI for pullbacks on a strong trend. Combine it with squeeze for exit timing.
Combine RSI Divergence with MACD histogram cross and Squeeze firing for precise entry.
Use Volume Z-Score to filter for institutional activity, and enter Long. Watch for reversals as well.
Watch RoC crossovers for fast, leading signals.
Enable Reversal Lines on 1H+ charts for breakout or breakdown pivots.
Use multi-timeframe thresholds for swing confirmation. The TFs I use the most are 2-5-15 minutes for futures and swinging with 1 hour daily and weekly. Those are the TFs I backtested.
SMA Crossing Background Color (Multi-Timeframe)When day trading or scalping on lower timeframes, it’s often difficult to determine whether the broader market trend is moving upward or downward. To address this, I usually check higher timeframes. However, splitting the layout makes the charts too small and hard to read.
To solve this issue, I created an indicator that uses the background color to show whether the current price is above or below a moving average from a higher timeframe.
For example, if you set the SMA Length to 200 and the MT Timeframe to 5 minutes, the indicator will display a red background on the 1-minute chart when the price drops below the 200 SMA on the 5-minute chart. This helps you quickly recognize that the trend on the higher timeframe has turned bearish—without having to open a separate chart.
デイトレード、スキャルピングで短いタイムフレームでトレードをするときに、大きな動きは上に向いているのか下に向いているのかトレンドがわからなくなることがあります。
その時に上位足を確認するのですが、レイアウトをスプリットすると画面が小さくて見えにくくなるので、バックグラウンドの色で上位足の移動平均線では価格が上なのか下なのかを表示させるインジケーターを作りました。
例えば、SMA Length で200を選び、MT Timeframeで5分を選べば、1分足タイムフレームでトレードしていて雲行きが怪しくなってくるとBGが赤になり、5分足では200線以下に突入しているようだと把握することができます。
Intermarket Analysis ProIntermarket Analysis Pro Indicator
Overview
The Intermarket Analysis Pro is a sophisticated trading indicator designed for forex traders, integrating technical analysis with comprehensive macroeconomic insights. This tool features Exponential Moving Averages (EMA 10/20) for trend detection, a consolidated table combining timeframe biases, trading signals, and intermarket data, delivering a holistic view to optimize decision-making in volatile markets.
Usage Instructions
Installation: Access TradingView, navigate to the Pine Editor, paste the script, and save it as "Intermarket_Analysis_Pro". Apply it to your desired forex chart (e.g., EURUSD on a 5-minute timeframe).
Configuration:
EMA Settings: Select EMA Source as "close" for precise alignment with candle closes, adjust EMA 10 Period (default 10) and EMA 20 Period (default 20) to suit your strategy, and toggle Show EMA Value Labels or Show (B)/(S) Signal Labels for enhanced visibility.
Table Settings: Enable Show Combined Table, select Combined Table Position (e.g., "Bottom Right"), and choose Text Size (e.g., "Small") for optimal display.
Intermarket Parameters: Fine-tune Bias Threshold (default 0.3) and Score Change Threshold (default 10) to refine intermarket bias sensitivity.
Display Options: Switch between "Light" or "Dark" themes to match your chart environment.
Signal Interpretation:
EMA Indicators: A crossover of EMA 10 (orange) above EMA 20 (blue) signals a potential BUY, while a crossunder indicates a SELL. Confirm with "(B)" or "(S)" labels on the chart.
Combined Table: Analyze timeframe biases (e.g., "BULLISH" on 1m), logic signals (e.g., "BUY" on 5m), and intermarket trends (e.g., "EUR Rise (+30)") to align with market conditions.
Strategic Application: Utilize on lower timeframes (1m, 5m) for scalping or higher timeframes (1h, 4h) for swing trading. Ensure smooth scrolling to verify EMA and table synchronization with candles.
Alert Setup: Configure alerts for "Buy Signal" or "Sell Signal" on your preferred timeframe to receive real-time notifications.
Key Features
EMA 10/20: Provides customizable short-term trend analysis with optional value labels.
Unified Table: Merges SimpleBias (timeframe trends), Logic (trading signals), and Intermarket (global currency, index, and bond movements) into a single, scrollable interface.
Intermarket Insights: Evaluates 18 assets (e.g., DXY, SPX500, EUR, XAUUSD) for macroeconomic sentiment, updated hourly with color-coded change indicators.
Customization: Offers adjustable positions, sizes, and thresholds to adapt to individual trading preferences.
Market Context: Reflects current sentiment, such as a bullish EURUSD trend supported by weak NFP data and hawkish ECB policies (as of July 2025).
Best Practices
Timeframe Alignment: Match the chart timeframe with your analysis to ensure accurate EMA and table data representation.
Optimal Trading Hours: Maximize effectiveness during the NY session (08:00-17:00 EST) when intermarket activity is most pronounced.
Troubleshooting: If EMA lags during scrolling, disable labels or reduce additional indicators. Report discrepancies (e.g., "EMA 10 at 1.08840, candle at 1.08850") for further optimization.
Additional Notes
The Intermarket Analysis Pro is tailored for traders seeking to integrate global sentiment with technical signals. Test thoroughly on a demo account and adjust settings to align with your trading strategy. As of July 5, 2025, 04:04 AM WIB, the market indicates a bullish EURUSD outlook, with intermarket data reinforcing BUY opportunities on lower timeframes.
Advanced Currency Strength Meter# Advanced Currency Strength Meter (ACSM)
The Advanced Currency Strength Meter (ACSM) is a scientifically-based indicator that measures relative currency strength using established academic methodologies from international finance and behavioral economics. This indicator provides traders with a comprehensive view of currency market dynamics through multiple analytical frameworks.
### Theoretical Foundation
#### 1. Purchasing Power Parity (PPP) Theory
Based on Cassel's (1918) seminal work and refined by Froot & Rogoff (1995), PPP suggests that exchange rates should reflect relative price levels between countries. The ACSM momentum component captures deviations from long-term equilibrium relationships, providing insights into currency misalignments.
#### 2. Uncovered Interest Rate Parity (UIP) and Carry Trade Theory
Building on Fama (1984) and Lustig et al. (2007), the indicator incorporates volatility-adjusted momentum to capture carry trade flows and interest rate differentials that drive currency strength. This approach helps identify currencies benefiting from interest rate differentials.
#### 3. Behavioral Finance and Currency Momentum
Following Burnside et al. (2011) and Menkhoff et al. (2012), the model recognizes that currency markets exhibit persistent momentum effects due to behavioral biases and institutional flows. The indicator captures these momentum patterns for trading opportunities.
#### 4. Portfolio Balance Theory
Based on Branson & Henderson (1985), the relative strength matrix captures how portfolio rebalancing affects currency cross-rates and creates trading opportunities between different currency pairs.
### Technical Implementation
#### Core Methodologies:
- **Z-Score Normalization**: Following Sharpe (1994), provides statistical significance testing without arbitrary scaling
- **Momentum Analysis**: Uses return-based metrics (Jegadeesh & Titman, 1993) for trend identification
- **Volatility Adjustment**: Implements Average True Range methodology (Wilder, 1978) for risk-adjusted strength
- **Composite Scoring**: Equal-weight methodology to avoid overfitting and maintain robustness
- **Correlation Analysis**: Risk management framework based on Markowitz (1952) portfolio theory
#### Key Features:
- **Multi-Source Data Integration**: Supports OANDA, Futures, and CFD data sources
- **Scientific Methodology**: No arbitrary scaling or curve-fitting; all calculations based on established statistical methods
- **Comprehensive Dashboard**: Clean, professional table showing currency strengths and best trading pairs
- **Alert System**: Automated notifications for strong/weak currency conditions and extreme values
- **Best Pair Identification**: Algorithmic detection of highest-potential trading opportunities
### Practical Applications
#### For Swing Traders:
- Identify currencies in strong uptrends or downtrends
- Select optimal currency pairs based on relative strength divergence
- Time entries based on momentum convergence/divergence
#### For Day Traders:
- Use with real-time futures data for intraday opportunities
- Monitor currency correlations for risk management
- Detect early reversal signals through extreme value alerts
#### For Portfolio Managers:
- Multi-currency exposure analysis
- Risk management through correlation monitoring
- Strategic currency allocation decisions
### Visual Design
The indicator features a clean, professional dashboard that displays:
- **Currency Strength Values**: Each major currency (EUR, GBP, JPY, CHF, AUD, CAD, NZD, USD) with color-coded strength values
- **Best Trading Pairs**: Filtered list of highest-potential currency pairs with BUY/SELL signals
- **Market Analysis**: Real-time identification of strongest and weakest currencies
- **Potential Score**: Quantitative measure of trading opportunity strength
### Data Sources and Latency
The indicator supports multiple data sources to accommodate different trading needs:
- **OANDA (Delayed)**: Free data with 15-20 minute delay, suitable for swing trading
- **Futures (Real-time)**: CME currency futures for real-time analysis
- **CFDs**: Alternative real-time data source option
### Mathematical Framework
#### Strength Calculation:
Momentum = (Price - Price ) / Price * 100
Z-Score = (Price - Mean) / Standard Deviation
Volatility-Adjusted = Momentum / ATR-based Volatility
Composite = 0.5 * Momentum + 0.3 * Z-Score + 0.2 * Volatility-Adjusted
#### USD Strength Derivation:
USD strength is calculated as the weighted average of all USD-based pairs, providing a true baseline for relative strength comparison.
### Performance Considerations
The indicator is optimized for:
- **Computational Efficiency**: Uses Pine Script v6 best practices
- **Memory Management**: Appropriate lookback periods and array handling
- **Visual Clarity**: Clean table design optimized for both light and dark themes
- **Alert Reliability**: Robust signal generation with statistical significance testing
### Limitations and Risk Disclosure
- Model performance may vary during extreme market stress (Black Swan events)
- Requires stable data feeds for accurate calculations
- Not optimized for high-frequency scalping strategies
- Central bank interventions may temporarily distort signals
- Performance assumes normal market conditions with behavioral adjustments
### Academic References
- Branson, W. H., & Henderson, D. W. (1985). "The Specification and Influence of Asset Markets"
- Burnside, C., Eichenbaum, M., & Rebelo, S. (2011). "Carry Trade and Momentum in Currency Markets"
- Cassel, G. (1918). "Abnormal Deviations in International Exchanges"
- Fama, E. F. (1984). "Forward and Spot Exchange Rates"
- Froot, K. A., & Rogoff, K. (1995). "Perspectives on PPP and Long-Run Real Exchange Rates"
- Jegadeesh, N., & Titman, S. (1993). "Returns to Buying Winners and Selling Losers"
- Lustig, H., Roussanov, N., & Verdelhan, A. (2007). "Common Risk Factors in Currency Markets"
- Markowitz, H. (1952). "Portfolio Selection"
- Menkhoff, L., Sarno, L., Schmeling, M., & Schrimpf, A. (2012). "Carry Trades and Global FX Volatility"
- Sharpe, W. F. (1994). "The Sharpe Ratio"
- Wilder, J. W. (1978). "New Concepts in Technical Trading Systems"
### Usage Instructions
1. **Setup**: Add the indicator to your chart and select your preferred data source
2. **Currency Selection**: Choose which currencies to analyze (default: all major currencies)
3. **Methodology**: Select calculation method (Composite recommended for most users)
4. **Monitoring**: Watch the dashboard for strength changes and best pair opportunities
5. **Alerts**: Set up notifications for strong/weak currency conditions
RSI For LoopTitle: RSI For Loop
SurgeQuant’s RSI with Threshold Colors and Bar Coloring indicator is a sophisticated tool designed to identify overbought and oversold conditions using a customizable Relative Strength Index (RSI). By averaging RSI over a user-defined lookback period, this indicator provides clear visual signals for bullish and bearish market conditions. The RSI line and price bars are dynamically colored to highlight momentum, making it easier for traders to spot potential trading opportunities.
How It Works
RSI Calculation:
Computes RSI based on a user-selected price source (Close, High, Low, or Open) with a configurable length (default: 5). Optional moving average smoothing refines the RSI signal for smoother analysis.
Lookback Averaging:
Averages the RSI over a user-defined lookback period (default: 5) to generate a stable momentum indicator, reducing noise and enhancing signal reliability.
Threshold-Based Signals:
Long Signal: Triggered when the averaged RSI exceeds the upper threshold (default: 52), indicating overbought conditions.
Short Signal: Triggered when the averaged RSI falls below the lower threshold (default: 48), indicating oversold conditions.
Visual Representation
The indicator provides a clear and customizable visual interface: Green RSI Line and Bars: Indicate overbought conditions when the averaged RSI surpasses the upper threshold, signaling potential long opportunities.
Red RSI Line and Bars: Indicate oversold conditions when the averaged RSI drops below the lower threshold, signaling potential short opportunities.
Neutral Gray RSI Line: Represents RSI values between thresholds for neutral market conditions.
Threshold Lines: Dashed gray lines mark the upper and lower thresholds on the RSI panel for easy reference.
Customization & Parameters
The RSI with Threshold Colors and Bar Coloring indicator offers flexible parameters to suit
various trading styles: Source: Select the input price (default: Close; options: Close, High, Low, Open).
RSI Length: Adjust the RSI calculation period (default: 5).
Smoothing: Enable/disable moving average smoothing (default: enabled) and set the smoothing length (default: 10).
Moving Average Type: Choose from multiple types (SMA, EMA, DEMA, TEMA, WMA, VWMA, SMMA, HMA, LSMA, ALMA; default: ALMA).
ALMA Sigma: Configure the ALMA smoothing parameter (default: 5).
Lookback Period: Set the period for averaging RSI (default: 5).
Thresholds: Customize the upper (default: 52) and lower (default: 48) thresholds for signal generation.
Color Settings: Transparent green and red colors (70% transparency) for bullish and bearish signals, with gray for neutral states.
Trading Applications
This indicator is versatile and can be applied across various markets and strategies: Momentum Trading: Highlights strong overbought or oversold conditions for potential entry or exit points.
Trend Confirmation: Use bar coloring to confirm RSI-based signals with price action on the main chart.
Reversal Detection: Identify potential reversals when RSI crosses the customizable thresholds.
Scalping and Swing Trading: Adjust parameters (e.g., RSI length, lookback) to suit short-term or longer-term strategies.
Final Note
SurgeQuant’s RSI with Threshold Colors and Bar Coloring indicator is a powerful tool for traders seeking to leverage RSI for momentum and reversal opportunities. Its combination of lookback-averaged RSI, dynamic threshold signals, and synchronized RSI and bar coloring offers a robust framework for informed trading decisions. As with all indicators, backtest thoroughly and integrate into a comprehensive trading strategy for optimal results.
